Originally Posted by eDave:
If you believe this then I assume you sold it all then.
I haven't sold virtually any since I started acquiring in 2014. Too lazy and I dont trade or use exchanges. Ill either hold onto the bag and be broke or have 10M.
Just six months ago it was like 10k. Its not going to hold at 60k for any long period of time. Especially with the threats of doubling LTCGs. The history of bitcoin we see huge spikes then huge downturns and it stabilizes at a higher rate. [Reply]
Originally Posted by BWillie:
I haven't sold virtually any since I started acquiring in 2014. Too lazy. Ill either hold onto the bag and be broke or have 10M.
If you expect it to go into the 20s why wouldn't you sell some now? Even if you're into holding, that would give you the opportunity to buy back even more if it goes down like you expect. [Reply]
Originally Posted by -King-:
If you expect it to go into the 20s why wouldn't you sell some now? Even if you're into holding, that would give you the opportunity to buy back even more if it goes down like you expect.
Because I dont want to deal with it. Ive never bought bitcoin in my entire life. I have so many different wallets. Just a pain in the ass. You are probably right though, especially with LTCG likely to go up, I should cash out now but I can not begin to tell you how lazy I am. And part of it is just the principal. Im not cashing out until Im ready to permanently lay on my ass and golf all the time. [Reply]
No, you do not. I have not sold any of my Bitcoin. Tesla sold 10% of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet.
No, you do not. I have not sold any of my Bitcoin. Tesla sold 10% of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet.
Originally Posted by MTG#10:
Other than Rosie O'Donnell I don't think there's any celebrity I despise more than Dave Portnoy. And I use "celebrity" very lightly.
I fully believe Bitcoin is the future of finance and I wanted to prove that I have real skin in the game — not just trying to make a quick buck. I will be converting my entire 2021 NFL salary to #Bitcoin.
Originally Posted by -King-:
You make purchases with it?
I do, yes. A lot of online retailers actually offer a discount if you use crypto. I prefer to use it when dealing with overseas/sketchy sites. I prefer to not give them my bank info or cc number. It's also widely used in transactions that may be frowned upon by U.S. law enforcement. [Reply]