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fwiwm2c
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fwiwm2c
6y ago
Read the follow up comments and don't jump to conclusions. I know you are biased but try to have an open mind.
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fwiwm2c
6y ago
I got in 2017. Life changing experience.
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fwiwm2c
6y ago
Yes you can. But those are the minority. People who are ideologically opposed typically don't invest in bitcoin - and over time become salty as they realize what they missed out on.
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fwiwm2c
6y ago
Just so sad when I read takes like this from uninformed people. Bitcoin is NOT about payments. Just stop saying that. Bitcoin is store of value. When you think about Bitcoin the closest analogy is gold. Sure it is more volatile but it is a
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fwiwm2c
6y ago
Logic being if you held bitcoin you would be incentivized to read more about it and learn vs. being ideologically opposed and dismissing it like what no-coinists here do.
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fwiwm2c
6y ago
Exactly the type of people I was referring to in my comment. Read the 2015 thread. You would find people who mirror you.
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fwiwm2c
6y ago
It is absolutely not - where did I say it was? But you do invest your money in stocks or bonds don't you? Why couldn't you have invested 1% of your capital in BTC in 2018? Just treat it as one of those investments which went well?
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fwiwm2c
6y ago
It is another level. So many people missed the bus and are just salty or frustrated. I am so surprised that this happened given all of us are in tech (and have good income and awareness of blockchain) and it would have made sense to invest
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fwiwm2c
6y ago
I was in ads and I would disagree with this. Ads is a great place to be if you are data driven and are in FAANG - who enjoy excellent competitive advantages.
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fwiwm2c
6y ago
These numbers are ridiculously low. Here is what a typical FAANG setup pays you in the bay area (Source: I have worked in a couple of them): IC5 Eng (~5 yrs exp): $350k/yr all in (cash+stock+bonus) IC6 Eng (~9 yrs exp): $550k/yr a
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fwiwm2c
6y ago
Says someone who is using 1970s technology called ACH and SWIFT to send money over. At least be aware of what is happening around you before attacking other technologies.
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fwiwm2c
6y ago
You won't. This is why Bitcoin is valuable since it has stood the test of time and has gained more acceptability. Nanos and other nonsense coins are just trying to attack the emperor in the hope that they come close to it and thus make
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fwiwm2c
6y ago
Cardano is the daddy of shitcoins. It is the Ripple of this bull run. Literally the only thing it is being used for is speculation. Everything else is "coming soon".
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fwiwm2c
6y ago
No - not necessarily. IN crypto, it is quite possible to multiply your money when investing in altcoins - purely based on shilling and positioning with no technology to speak of. This is what the OP likely is trying to do here.
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fwiwm2c
6y ago
He likely didn't read it. People have strong visceral reactions when they hear about Bitcoin - mostly because a lot of them are salty.
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fwiwm2c
6y ago
Nothing wrong. But then be honest about it vs. actually comparing a nonsense shitcoin with Bitcoin - and misguiding the users
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fwiwm2c
6y ago
Stop shilling. And to have the galls to say something like Nano has the ability to take on Bitcoin just indicates that you very new to this market - and thus want to make a quick buck by shilling your random shitcoin. The thing which Bitcoi
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fwiwm2c
6y ago
Isn't that the goal of all investmemts? Just admit to yourself that you lost the greatest bull of your lifetime because you weren't smart enough to take the time to understand it. Good luck with your S&P ETF fund.
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fwiwm2c
6y ago
Ohh no - someone is staying poor
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fwiwm2c
6y ago
Looks like someone missed the bus
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fwiwm2c
6y ago
Didn't realize you wanted books to educate yourself.
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fwiwm2c
6y ago
It is clear that you don't believe in Bitcoin ("Bitcoin solves a problem for almost nobody") and thus want to use this energy angle to take it down. Good luck. But if you are more open minded read this thread and educate your
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fwiwm2c
6y ago
For sure. But look at long term trends. Since 2008, the trend has just been up and towards the right.
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fwiwm2c
6y ago
My brain hurts when reading these silly replies. It is like you don't want to learn how things work. BTC has value because people assign to it and there is new money coming in (fiat converted to BTC) which is what makes the existing in
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fwiwm2c
6y ago
If you had taken some time to read about it, you would know better vs. putting your detailed uninformed comment. I am making an informed inference given the ignorance of your comment that you don't have any bitcoins or else you would a
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fwiwm2c
6y ago
Lets assume it is a ponzi scheme and then make judgments based on that assumption.
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fwiwm2c
6y ago
As they say - have fun staying poor. Think about it - if you had invested at any point in Bitcoin before today, you would have made money. But keep on resisting.
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fwiwm2c
6y ago
I have been in Bitcoin since 2016 and have enjoyed my riches. The next wave of new users will come from institutions. Hacker News audience is not what will pump the price further.
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fwiwm2c
6y ago
No it is not sarcasm. You all are missing out on the train going right in front of you. The point here is that you all are not even trying to understand the advantages of crypto - with innovations such as DeFi, NFT and Store of Value. For y
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fwiwm2c
6y ago
By the time you understand Bitcoin/crypto, it will be too late for you to make profit from it. Get in now - lot more smarter people are in there and doing wonders for themselves. Look at your friends. Look at colleagues in your company
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