Post a Meme, any Meme! (no politics)
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winemanden
Senior Member
Sometimes you've got to laugh 
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jswordy
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I know a guy who mined Bitcoin (in other words, got them for free) like they were going out of style about 12 years ago when they were easy to mine and worth 25 cents each. He used to give some away as gifts. Richard currently has a little over a thousand. Right this minute, they are worth $55,434,700. He's 36. He tried to get me to buy some 8 years ago at $600. "Just buy them and forget about them, no matter what happens." But nah, that was too much like gambling. Ahem.
Of course, that is easy to say when things are high. Bitcoin lost 83% of its value from Dec. 1, 2017, to Dec. 1, 2018. On every trade, there's a winner and a loser. This is pure speculation, and unregulated. Over 85% of Bitcoin trades are currently used for criminal enterprises, and the more it becomes accepted, the more nations are going to try to shut it down as a threat to their own currencies.
You're playing it right, with small money you can afford to lose. I'll sit out. Stocks are good enough for me, and I am too close to retirement for gambling.
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jswordy
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I think that is a line I got off of one of the old Tribal Casino commercials years ago.....
So yea, gambling sounds about right. I had a coworker whose son was doing the same thing (mining for bitcoin in their basement using computers with new (expensive) graphics cards) . This was a couple years before I retired back in 2018 and I think he had about 20K in coin back then. Don't know if he still has them or sold them at some point. When you stop and think about the (wasted) energy spent to do all this nonsense......
So yea, gambling sounds about right. I had a coworker whose son was doing the same thing (mining for bitcoin in their basement using computers with new (expensive) graphics cards) . This was a couple years before I retired back in 2018 and I think he had about 20K in coin back then. Don't know if he still has them or sold them at some point. When you stop and think about the (wasted) energy spent to do all this nonsense......
Can't lose, either.
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Boatboy24
No longer a newbie, but still clueless.
If nothing else, the thrill/agony lasts much longer than it would by bringing that same money to the horse track. So I'm at least getting some entertainment out of it.
Boatboy24
No longer a newbie, but still clueless.
