Current Events > Remember when Bitcoin almost hit $20,000 last Dec and people were hyping it up?

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jayj350
08/18/18 12:59:58 AM
#1:


Whatever happened to that? It is like all of those people suddenly went silent.
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ASithLord7
08/18/18 1:00:42 AM
#2:


It crashed down hard from it so people stopped shilling it.
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Burgess
08/18/18 1:01:25 AM
#3:


Shaka when the walls fell
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Kaiganeer
08/18/18 1:02:38 AM
#4:


no, you see

now's the time to buy in
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voldothegr8
08/18/18 1:03:14 AM
#5:


"but but it's not a ponzi scheme guys"
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L0Z
08/18/18 1:04:29 AM
#6:


I hope it crashes to nothing so bitcoin miners get fucked for causing gpu companies to charge almost $1k for new cards
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BlueTigerLion
08/18/18 1:05:22 AM
#7:


The people who were selling the ponzi scheme to the newbies pulled out and became millionaires.
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DeadSite
08/18/18 1:05:25 AM
#8:


ASithLord7 posted...
It crashed down hard from it so people stopped shilling it.

It's still 6x it's value from the start of last year lol
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jayj350
08/18/18 1:05:46 AM
#9:


ASithLord7 posted...
It crashed down hard from it so people stopped shilling it.

Yikes! I just checked the value and it is under $7k, I bet a lot of people lost a fortune on that! Sad.

I guess that is a lesson about investment. +1 for the weary investor.
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#10
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voldothegr8
08/18/18 1:06:42 AM
#11:


Conflict posted...
There was a period in which you could make money from it and that period has passed

it's not exactly rocket science if you know anything about investing

LOL "investing"
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ASithLord7
08/18/18 1:07:04 AM
#12:


DeadSite posted...
ASithLord7 posted...
It crashed down hard from it so people stopped shilling it.

It's still 6x it's value from the start of last year lol

Yeah, anyone who got in early was lucky and could've made a killing.

But anyone who bought or held into that crash got fucked.
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jayj350
08/18/18 1:07:32 AM
#13:


DeadSite posted...
ASithLord7 posted...
It crashed down hard from it so people stopped shilling it.

It's still 6x it's value from the start of last year lol

Sounds great if you could invent a time machine, but then I would make a lot of investments.
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DeadSite
08/18/18 1:09:49 AM
#14:


jayj350 posted...
DeadSite posted...
ASithLord7 posted...
It crashed down hard from it so people stopped shilling it.

It's still 6x it's value from the start of last year lol

Sounds great if you could invent a time machine, but then I would make a lot of investments.

Seeing as how I started mining early 2016 I've been in the green since it crossed 2k lol
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YUHH
08/18/18 1:20:18 AM
#15:


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#16
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Mistere Man
08/18/18 1:26:42 AM
#17:


Burgess posted...
Shaka when the walls fell

Sokath, his eyes opened
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evilpresident
08/18/18 1:43:17 AM
#18:


Anyone else got those cringy ads on yt? They were weird and sad. Like, one had a bunch of middle-aged men sending a plastic Bitcoin into the air with a balloon, to see just how high Bitcoin could go.
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jayj350
08/18/18 2:01:33 AM
#19:


DeadSite posted...
jayj350 posted...
DeadSite posted...
ASithLord7 posted...
It crashed down hard from it so people stopped shilling it.

It's still 6x it's value from the start of last year lol

Sounds great if you could invent a time machine, but then I would make a lot of investments.

Seeing as how I started mining early 2016 I've been in the green since it crossed 2k lol

I bet you wish you cashed out last December, still you are up at least.
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HiddenLurker
08/18/18 2:08:02 AM
#20:


BlueTigerLion posted...
The people who were selling the ponzi scheme to the newbies pulled out and became millionaires.

This.
They cashed out after suckering people to buy it.
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catboy0_0
08/18/18 2:10:38 AM
#21:


never trusted bitcoin. but it wouldn't have mattered anyway because I never had income in my life anyway lol
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jayj350
08/18/18 2:16:02 AM
#22:


HiddenLurker posted...
BlueTigerLion posted...
The people who were selling the ponzi scheme to the newbies pulled out and became millionaires.

This.
They cashed out after suckering people to buy it.

Classic ponzi scheme.
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DeadSite
08/18/18 2:29:30 AM
#23:


jayj350 posted...
DeadSite posted...
jayj350 posted...
DeadSite posted...
ASithLord7 posted...
It crashed down hard from it so people stopped shilling it.

It's still 6x it's value from the start of last year lol

Sounds great if you could invent a time machine, but then I would make a lot of investments.

Seeing as how I started mining early 2016 I've been in the green since it crossed 2k lol

I bet you wish you cashed out last December, still you are up at least.

I did. I just held onto another couple of BTC just in case too
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jayj350
08/18/18 2:30:11 AM
#24:


DeadSite posted...
jayj350 posted...
DeadSite posted...
jayj350 posted...
DeadSite posted...
ASithLord7 posted...
It crashed down hard from it so people stopped shilling it.

It's still 6x it's value from the start of last year lol

Sounds great if you could invent a time machine, but then I would make a lot of investments.

Seeing as how I started mining early 2016 I've been in the green since it crossed 2k lol

I bet you wish you cashed out last December, still you are up at least.

I did. I just held onto another couple of BTC just in case too

Sounds like you are one of the lucky ones
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MC_BatCommander
08/18/18 2:52:52 AM
#25:


Oh shit I haven't checked on GPU prices in a few months now. Looks like they've finally gone back to normal, guess the whole crypto mining craze is over.
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