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re: Whatever happened to WikiTiger and the Bitcoin disciples?

Posted on 1/16/21 at 8:13 am to
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 1/16/21 at 8:13 am to
This thread gives me the
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
40968 posts
Posted on 1/16/21 at 9:30 am to
There are posters from the O-T (and Money Board) who are literally millionaires today because WikiTiger.

Insane.
Posted by MoarKilometers
Member since Apr 2015
17903 posts
Posted on 1/16/21 at 9:32 am to
quote:

So you where mining when you could use a normal cpu without having a full rig?

I remember the first USB stick miners Butterfly labs ripping folks off, the fall of mt gox. The guy who bought that pizza for ~10k btc was from my area, but I didn't (and still don't) know them. I love hearing old btc tales. Started getting sad mid corona when you went on hiatus from here.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
40968 posts
Posted on 1/16/21 at 9:32 am to
quote:

I got out of bitcoin at around $600. Sold them for magic cards


OH MY GOD
Posted by jimmy the leg
Member since Aug 2007
34100 posts
Posted on 1/16/21 at 9:34 am to
quote:

There are posters from the O-T (and Money Board) who are literally millionaires today because WikiTiger. Insane.


I read that thread when it started and debated getting in. I passed. I chose poorly.



Posted by lsu777
Lake Charles
Member since Jan 2004
31031 posts
Posted on 1/16/21 at 9:35 am to
Went back and looked, the exercise equipment I bought in 2016, the guy got me to pay in btc, I added up everything I sent him across the 4 deals we made. Ended up being worth 100k now lol.


I'm still pissed I sold my first lot. $100 dollars worth @0.13 @ piece
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
40968 posts
Posted on 1/16/21 at 9:37 am to
Obviously hindsight is always 20/20 on something like this. But holy hell man.
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 1/16/21 at 9:40 am to
quote:

I understand coinbase. I’m talking about liquidating $220MM of bitcoin.


My best friend cashed out a decent amount during the spike in 2017, and he did it p2p. The guy flew down, they met at the bank, and they made the exchange on laptops in the bank.

He discounted it a little under 15% to sell that much.

On an exchange, you would need to offload a little at a time, but it wouldn't take long in a bull market.
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 1/16/21 at 9:51 am to
quote:

Ahhh, this thread makes me happy. I’ve listened to this crap for the 5-6 years since this post. And they still dont get it.

I still think people are going to get wrecked. Besides a few coins that will be used as a currency or to store cash, the rest of the bullshite will disappear.

I love the concept of smart contracts, but there is no need for the tradable token, with 9 plus figure valuations, aspect of crypto regarding anything else but currency.

Make your money short term in things like link, ethereum, or dfinity, but focus long-term on those straight currency big dogs.
Posted by LoveThatMoney
Who knows where?
Member since Jan 2008
12268 posts
Posted on 1/16/21 at 9:52 am to
quote:

What was it when Wiki was most active?

Like $1
Posted by lsu777
Lake Charles
Member since Jan 2004
31031 posts
Posted on 1/16/21 at 9:53 am to
quote:

bviously hindsight is always 20/20 on something like this. But holy hell man.



Well I always believed in the tech and always thought it and still do think it will replace fiat in many cases, but I was always nervous Long term as an investment. I was stupid as frick, I know that. When it got to $700, it freaked me out because that's a lot of money when you are talking buying and sharing and the volatility was just freaking me out.

I have continued to pkay around some but took a break at the end 2018 from everything and am just getting back in.

Hasn't been all bad, I have made tens of thousands. And I have to look at it that away instead of knowing I could have had over 100 million. It will frick you up mentally if you don't look at it that away.


Good news is, I would a wallet last week from 2014 that had what at the times was just a few dollars left over, yea was a nice almost 7 grand surprise
Posted by lsu777
Lake Charles
Member since Jan 2004
31031 posts
Posted on 1/16/21 at 9:57 am to
Before that, cause I discussed with him in email when it was well under a $1. I should have listened to him and held, he was a smart mother fricker.
Posted by lsu777
Lake Charles
Member since Jan 2004
31031 posts
Posted on 1/16/21 at 10:07 am to
quote:

I still think people are going to get wrecked. Besides a few coins that will be used as a currency or to store cash, the rest of the bullshite will disappear.


Some coins sure, but btc is not going anywhere and will replace gold as a storage of wealth Long term. Pretty obvious based on what the big firms are doing. When you have jp Morgan saying pretty much the most conservative estimate they can come up with for btc price by the end of the decade is 4x what it is now.....yea there is a reason the big dogs are selling gold when it's an all time high in hundred million plus blocks and buying btc. It isn't going anywhere.

The coins that provide super fast transactions and other things will stick. This is no different than buying stock. Some companies will be a success and your stock(cryptocoin) will go to the moon. Others will fail and you might lose your arse.

If it was easy everyone would be doing it.

quote:


I love the concept of smart contracts, but there is no need for the tradable token, with 9 plus figure valuations, aspect of crypto regarding anything else but currency.



You still don't get it. Is gold a currency? What is currency? It's just a piece of paper that the government says is worth something, but they also control and manipulate.

Btc solves that. And yea it has fluctuations, like anything, but over the past decade has went from under a $1 to what it is now. I would say that's pretty damn good growth and stability.

quote:

Make your money short term in things like link, ethereum, or dfinity, but focus long-term on those straight currency big dogs.


Link as a short term play? Sure it's up 80% on the year but it's a long term play, not short term.

Eth isn't going anywhere.

And yea go ahead and go straight currency so after inflation your value is shite. frick all that.

You still don't get it by the way and the thought of a non government controlled currency is still over your head.

The sooner you realize all fiat currency isn't worth shite unless someone values it and wants it and that carries over to anything, better off you will be long term.

Posted by MoarKilometers
Member since Apr 2015
17903 posts
Posted on 1/16/21 at 10:08 am to
quote:

I added up everything I sent him across the 4 deals we made. Ended up being worth 100k now lol.

That doesn't sound awful... I have a few 800k MDMA purchases from silk road Thankfully it was 80k a gram good
Posted by OweO
Plaquemine, La
Member since Sep 2009
113940 posts
Posted on 1/16/21 at 10:09 am to
quote:

I was reading this thread thinking what are these guys talking about. Then I realized it was 2015



I was about to comment telling them they need to check the price of Bitcoin again..

Then I saw the date.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 1/16/21 at 10:16 am to
I followed the whole thing like a hawk. I was in the "no way this shite ever pans out" crowd but just watching out of curiosity. Piss broke college kid me could have made life changing money by following orders from some random clown on a message board
Posted by lsu777
Lake Charles
Member since Jan 2004
31031 posts
Posted on 1/16/21 at 10:25 am to
quote:

That doesn't sound awful... I have a few 800k MDMA purchases from silk road Thankfully it was 80k a gram good


Oh I don't even go look at the purchases I made in 2011 and 12. I don't even want to know lol.

If fricking Evo gold wouldn't have burned my arse back in 2007 I wouldn't have been so nervous. But when you randomly lose on the first cryptocurrency, though it was a different kind of crypto, then you get nervous.

The Mt gox collapsed, that shook my core believes on btc. I still believed but I just thought it would lead to the us government stepping in.

Speaking of Mt gox, did anyone see they agreed to a settlement(still must be approved) uptp 90% to creditors. Also will reimburse customers as much as possible for their btc on the exchange. Even if it's the .23 btc per one you had stored there, it's still could be a windfall for many early adopters.
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 1/16/21 at 10:26 am to
Epic bump!
Posted by Yeti_Chaser
Member since Nov 2017
7454 posts
Posted on 1/16/21 at 11:29 am to
quote:

WE WERE RIGHT

quote:

by Broke

Name checks out
Posted by Sho Nuff
Oahu
Member since Feb 2009
11913 posts
Posted on 1/16/21 at 11:47 am to
quote:

So $1000 then would be $179,000
Now.

I followed this thread and wanted to buy $1,000 worth. I thought I had to try and go for it.

It's not the easiest thing to start in and where I live was hard to find an exchange so I gave up. This thread had me ready though. Finally, after digging in and learning how to get USD to an exchange and finding an exchange that worked for Hawaii I bought 3 BTC at about $3k each. Hurts me to think I would've had nearly 5 BTC for the price of $1k vs 3 BTC for nearly $10k

I'm still holding though
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