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The Sandbox - Pittsburgh The Sandbox is a collection of off-topic discussions. Humorous threads, Sports talk, and a wide variety of other topics can be found here. If it's NOT an adult-themed topic, then it belongs here

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Old 02-23-2025, 07:04 PM   #1
bambino
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Default Anyone here own Bitcoin?

I remember when it first came out. You could buy one coin for $20. I wish I would have loaded up then. I thought it was a joke. But it’s not a joke anymore. I don’t have any but I do own some lesser known Cryptos. It seems to be a divisive topic amongst investors. People like Buffet and Munger think it’s a scam. Saylor and Blackrock are scooping it up.

What say you??
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Old 02-25-2025, 06:51 AM   #2
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BTC always has been volatile. It’s now trading under 89K after reaching above 100k. Those of you that own it, are you holding or selling?

https://x.com/watcherguru/status/189...057952949?s=42
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Old 02-25-2025, 06:56 AM   #3
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Holding. I bought in very early so everything is gravy for me.

Treated it like a meme and movelty at the time, but unlike some folks I didn't buy a pizza with them that would leave me with long lasting regret.
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Old 02-25-2025, 07:01 AM   #4
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Quote:
Originally Posted by HDGristle View Post
Holding. I bought in very early so everything is gravy for me.

Treated it like a meme and movelty at the time, but unlike some folks I didn't buy a pizza with them that would leave me with long lasting regret.
You should have sold the high and bought the dip. You would have more gravy. And buy a Pizza shop.

https://x.com/crypto_goos/status/189...768215813?s=42
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Old 02-25-2025, 07:25 AM   #5
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https://x.com/great_martis/status/18...094300549?s=42

Down she goes, where it stops, nobody knows.
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Old 02-25-2025, 09:23 AM   #6
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Very comfy with the strat and ok with the opportunity cost. Zero fret from me on the shoulda, woulda, coulda Señor Silverman
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Old 02-25-2025, 02:47 PM   #7
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Quote:
Originally Posted by HDGristle View Post
Very comfy with the strat and ok with the opportunity cost. Zero fret from me on the shoulda, woulda, coulda Señor Silverman
At least I own silver. I doubt you have a smidgeon of BTC. But hey, Eric Trump just tweeted “buy the dip”!!!!!!! It’s not too late to get some.
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Old 02-25-2025, 03:06 PM   #8
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Doubt as you desire, idrgaf

Some ETH, some DOGE, and I have stacks of real gold and silver, too. A pretty decent coin collection. A diversified portfolio of other investments. No need to chase the dip unless I feel like it.

You do you. I'm content to hold.
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Old 02-25-2025, 04:02 PM   #9
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Quote:
Originally Posted by HDGristle View Post
Doubt as you desire, idrgaf

Some ETH, some DOGE, and I have stacks of real gold and silver, too. A pretty decent coin collection. A diversified portfolio of other investments. No need to chase the dip unless I feel like it.

You do you. I'm content to hold.
If the veracity of your threads are indication……..

Anyways, I doubt BTC will ever go to zero. As Buffet, Munger and Jamie Dimon have predicted. Nor do I think it will go to 13 million as Saylor has predicted. It has been volatile. As far as crypto, I have Theta, Theta Fuel and a few Veritasium. They’re not currencies or stores of value. But have strong use cases. And are hard to get. Especially Veritasium. Veri is an interesting story.
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Old 02-25-2025, 04:17 PM   #10
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Food for thought

https://x.com/peterschiff/status/189...902137815?s=42
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Old 02-25-2025, 04:22 PM   #11
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More food for thought

https://www.omfif.org/2025/02/bitcoi...orm-play-will/
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Old 02-25-2025, 04:45 PM   #12
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And there’s this

https://ticotimes.net/2025/02/02/el-...led-experiment
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Old 02-25-2025, 05:00 PM   #13
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I did quite a while ago, at least 10 years. Donated all I had, like 2btc total, to a torrent site that I used to get a shitton of content from. It was worth a couple hundo at best. Not long afterwards that shit skyrocketed, they’re probably still paying their bills with it. Never bothered after that, only ever created a wallet for donations.
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Old 02-25-2025, 06:32 PM   #14
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I do have some. And by "some" I mean what I was able to mine in 5 years. Lets just say I won't be quitting my job anytime soon.
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Old 02-25-2025, 08:12 PM   #15
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To me it seems like a Ponzi scheme. Bitcoin to my understanding has a certain amount out there and that’s it. So the price is determined strictly by what the sellers/buyers believe it’s worth. Makes zero sense to me.
Crypto being mined by super computers solving math problems and so forth?? WTF is that??!
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