Bitcoin
- Thread starter Stephen
- Start date
RustEoldtrux
RustEoldtrux
- Location
- Evanston, WY
What I thought of crypto was a variation of a typical pyramid scheme. Early investors get big returns and later investors get nada .
I was lucky to not lose any money on crypto, except for small amounts on random off-shoot ones that I tested out.
I'm embarrassed that I went full in on the ideology of crypto. I was fooled, hook line and sinker. I won't touch the shit anymore, nor will I promote it like I did in the past.
The idea of distributed commerce is a good idea, but the block-chains are not what they seem. They are flawed and they are designed for tracking everything. Anybody who says you can (successfully) use it anonymously is a liar.
I'm embarrassed that I went full in on the ideology of crypto. I was fooled, hook line and sinker. I won't touch the shit anymore, nor will I promote it like I did in the past.
The idea of distributed commerce is a good idea, but the block-chains are not what they seem. They are flawed and they are designed for tracking everything. Anybody who says you can (successfully) use it anonymously is a liar.
ID Bronco
Registered User
- Location
- Idaho Falls, ID
I'm not a fan, but this is pretty cool. He took the college money his grandma gave him, bought bitcoin and quit high school. 
www.eastidahonews.com
This Idahoan became the youngest Bitcoin millionaire at 18. Now he wants to give the Gem State better cell phone coverage. - East Idaho News
IDAHO FALLS — He dropped out of high school when he was 15, became the youngest Bitcoin millionaire, started a venture capital fund and has played a pivotal role in new tech companies. Now Erik Finman, 25, wants the Gem State to have the best cell phone coverage in America as he launches a new […]
www.eastidahonews.com
anderson750
I'm working on it Rose
- Location
- Price, Utah
My BIL parlayed a short play on Bitcoin last fall. Took 10k and and turned it into 156k. He tried to explain the process for doing it, but it made my head hurt.I'm not a fan, but this is pretty cool. He took the college money his grandma gave him, bought bitcoin and quit high school.
This Idahoan became the youngest Bitcoin millionaire at 18. Now he wants to give the Gem State better cell phone coverage. - East Idaho News
IDAHO FALLS — He dropped out of high school when he was 15, became the youngest Bitcoin millionaire, started a venture capital fund and has played a pivotal role in new tech companies. Now Erik Finman, 25, wants the Gem State to have the best cell phone coverage in America as he launches a new […]
Tonkaman
Well-Known Member
- Location
- West Jordan
I know a couple people who did the opposite. Took $100k and turned it into $10k 😬
🙋♂️
johngottfredson
Threat Level Midnight
- Location
- Alpine
😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬
02SE
Well-Known Member
- Location
- Millcreek, UT
You can make a small fortune in racing. You just need to start with a large fortune...
“You can become a millionaire in racing but you have to start as a billionaire” is my favorite version of that saying.
anderson750
I'm working on it Rose
- Location
- Price, Utah
I have probably spent a retirements worth of money over the last 15 years of being involved in motorcycle racing.......but it has been money well spent on my kids.
- Location
- Grand Junction, CO
My time 'investing' in crypto worked out pretty well, honestly.... but it was before the crash and I just started buying low, selling high. As much as crypto moves, it's not hard making money, getting in & out at the dips.
I sold all my crypto & rolled it over to the stock market. The only thing I have crypto related is shares of a mining company I like...
www.solunacomputing.com
I sold all my crypto & rolled it over to the stock market. The only thing I have crypto related is shares of a mining company I like...
Investors - Soluna
www.solunacomputing.com
- Location
- The Land Northward (Bountiful), Utah
I used to be a ten-thousandaire.
11th year here lol.
Last year we did 55ish race entry fees and travel to 20 separate races. Bought 3 race bikes.
Thanks a lot Paul.
Still a better investment than crypto lol.
'Jew guys remember when I said this like exactly 3 years ago?
Hope you suckers never sold, cuz here we go again.
- Location
- Sandy, Ut
Here we go or there it went? Hard to say as it’s dipped 13% in the last week after a crazy run up. I stayed in, happily