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I sold my 5 BTC at $30/coin, and walked with $149.96 after fees. It certainly felt like a bubble, and I'm glad I got out when I did, even if it was only for spa
by palish 15y ago
I sold my 5 BTC at $30/coin, and walked with $149.96 after fees. It certainly felt like a bubble, and I'm glad I got out when I did, even if it was only for spare change in the scheme of things.
- Tichy 15y agoYes, it felt like a bubble. Then again, I don't really know. You never really know with investing, I suppose. It felt like a bubble when I sold for 7€, and now with hindsight 7€ was very low... Maybe lots of people started buying drugs with BTC and hence demand went up, or whatever. I am also happy about the money I made. But I am not chiding myself for not selling more BTC at the peak. Maybe if they dropped to zero value I'd be a bit remorseful :-)
- palish 15y agoHeh. How many BTC do you have?
- Tichy 15y agoI have about 350 left - bought a miner in March... I guess another reason why I don't feel depressed is that I always meant to keep some of them as a long term investment. Just curious to see what happens when supply of new BitCoins starts to slow down. Of course I am not the only one thinking like that, so there are a lot of BitCoins out of circulation atm.
- palish 15y agoWhich miner did you buy? And how much did you pay for her?
- Tichy 15y agoI bought an Acer gaming PC off ebay with an ATI HD5970 graphics card for 800€ - but the same offer was available for 700€, I just missed it. It currently does ~580MHash/s and consumes about 300Watt - not too bad compared to other miners, it seems to me. Also, if it survives the mining, maybe I can one day use it as a gaming PC if mining becomes unprofitable. I was lucky that a friend offered to host it in his cellar, though - would have been too noisy for my flat.