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My roommate scared me away from bitcoin in 2010 because it was filled with child pornongraphy. I wish I would have never had that conversation because it was tr

My roommate scared me away from bitcoin in 2010 because it was filled with child pornongraphy. I wish I would have never had that conversation because it was trading for like 1 dollar. https://www.pcmag.com/news/bitcoins-blockchain-caught-loaded-with-child-pornography https://www.pcmag.com/news/bitcoins-blockchain-caught-loaded...

sneak 6y ago
Links to child pornography are not child pornography. It's quite inaccurate to say that bitcoin is loaded with CP.
layoutIfNeeded 6y ago
Assuming you wouldn't have sold all of it at $2.
- retrac 6y ago
  I cashed it all out at $31. Just a bubble. I was shocked it ever reached $1. Clearly it was a fluke. After the crash I doubted it would ever break $10 again. I do somewhat regret the used video card I bought for 115 BTC. But I would have probably sold it at the $2 peak anyway, and definitely at the $31. Lol. Sigh. I can't really complain. Never made enough to even really impact my taxes. But still a decent bit of pocket money from distributed magic Internet bucks over the last decade.
- arcticbull 6y ago
  Assuming you didn't lose it to MtGox, to Quadriga or myriad other ways. Crypto is just a digital obstacle course designed to transfer "wealth" to the "strongest hands" lol.
  - mike00632 6y ago
    Today I tried to find my old Doge coins we were sending around as tips on Reddit. That's all gone too. https://gizmodo.com/reddit-users-lose-real-money-after-meme-currency-bot-di-1795125165 https://gizmodo.com/reddit-users-lose-real-money-after-meme-...
    - arcticbull 6y ago
      > This week, the creator of the tipping bot “dogetipbot”—a service that let Reddit users “tip” each other in Dogecoin—announced that his company is broke, he’s broke, and the bot is broke because he spent all the coins, after he himself ran out of money. Hahaha, so the expected outcome. You may be able to write off your losses retrospectively, though, depending on what it was worth at the time of loss it might be worth filing an amendment to your taxes.

sneak 6y ago

Links to child pornography are not child pornography. It's quite inaccurate to say that bitcoin is loaded with CP.

layoutIfNeeded 6y ago

Assuming you wouldn't have sold all of it at $2.

retrac 6y ago
I cashed it all out at $31. Just a bubble. I was shocked it ever reached $1. Clearly it was a fluke. After the crash I doubted it would ever break $10 again. I do somewhat regret the used video card I bought for 115 BTC. But I would have probably sold it at the $2 peak anyway, and definitely at the $31. Lol. Sigh. I can't really complain. Never made enough to even really impact my taxes. But still a decent bit of pocket money from distributed magic Internet bucks over the last decade.
arcticbull 6y ago
Assuming you didn't lose it to MtGox, to Quadriga or myriad other ways. Crypto is just a digital obstacle course designed to transfer "wealth" to the "strongest hands" lol.
- mike00632 6y ago
  Today I tried to find my old Doge coins we were sending around as tips on Reddit. That's all gone too. https://gizmodo.com/reddit-users-lose-real-money-after-meme-currency-bot-di-1795125165 https://gizmodo.com/reddit-users-lose-real-money-after-meme-...
  - arcticbull 6y ago
    > This week, the creator of the tipping bot “dogetipbot”—a service that let Reddit users “tip” each other in Dogecoin—announced that his company is broke, he’s broke, and the bot is broke because he spent all the coins, after he himself ran out of money. Hahaha, so the expected outcome. You may be able to write off your losses retrospectively, though, depending on what it was worth at the time of loss it might be worth filing an amendment to your taxes.