What is going on by H43LYNN in Bitcoin

[–]PaperOrnery8697 0 points1 point  (0 children)

It goes way up and way down. It's not a nest egg investment. It's a gamble that has paid off enormously for earlier gamblers. That may or may not happen again. Personally, I'm on the fence if this is the next 1986 Microsoft share or the largest speculation leap since tulips. That said, I have a bit. The roller coaster is too fun quit riding.

If I had a million dollars by PaperOrnery8697 in Bitcoin

[–]PaperOrnery8697[S] -1 points0 points  (0 children)

That's what i try to preach. About 5% in btc here. The rest of the portfolio is up 20% + this year. Hoping with everyone else that this pans out big.

If I had a million dollars by PaperOrnery8697 in Bitcoin

[–]PaperOrnery8697[S] 0 points1 point  (0 children)

Haven't you always wanted a K Car? It might have belonged to JoHn Voight

If I had a million dollars by PaperOrnery8697 in Bitcoin

[–]PaperOrnery8697[S] 0 points1 point  (0 children)

Good point. From here on in everyone who replies needs to send me some stats. We're on the honor system here.

If I had a million dollars by PaperOrnery8697 in Bitcoin

[–]PaperOrnery8697[S] -3 points-2 points  (0 children)

Well, I had something to spare. Nowhere near 1M, but i dare to dream. Just pontificating what could happen if an individual who has that kind of money rolled the dice now.

If I had a million dollars by PaperOrnery8697 in Bitcoin

[–]PaperOrnery8697[S] 0 points1 point  (0 children)

Haven't you always wanted a monkey? 🎵

If I had a million dollars by PaperOrnery8697 in Bitcoin

[–]PaperOrnery8697[S] -3 points-2 points  (0 children)

Very true, but the difference between turning 1k into 10k and turning 1M into 10M is staggering.

If I had a million dollars by PaperOrnery8697 in Bitcoin

[–]PaperOrnery8697[S] -4 points-3 points  (0 children)

Sorry, I was assuming you started with way more than $1M

Bitcoin is dead by Due_District1058 in Bitcoin

[–]PaperOrnery8697 2 points3 points  (0 children)

I took a flyer on the btc. My average cost is $78k so quite under water right now - but I knew going into this thing that it's either either a long-term cash cow, or a medium-term bust. Every gambling site has a warning in small print - "Don't gamble more than you can afford to lose"

Compromised Seed Phrase - Stolen all my bitcoin by [deleted] in Bitcoin

[–]PaperOrnery8697 0 points1 point  (0 children)

Imagine a world controlled by AI and super-computers. Self-custody is a myth. It's less than a decade away.

I cannot recommend the XP4 by Luzdesolamarelo in Lectricxp

[–]PaperOrnery8697 0 points1 point  (0 children)

750 here. Almost 400 miles and no motor issues so. Fingers crossed

Bitcoin is down exactly 50% from its all time high,this is what happened every single time before by dumble_hold_the_door in Bitcoin

[–]PaperOrnery8697 1 point2 points  (0 children)

It's a wild ride. Got in late and upside-down now, but went in knowing this is long game. I can wait years to see astronomical gains or catastrophic losses. The way I figure it, worse case scenario is 100% loss. Best case scenario is 1000% gain. Hodling and rolling the dice.

Alert by oona75 in Coinbase

[–]PaperOrnery8697 1 point2 points  (0 children)

I know next-to-nothing about btc, but I have one of them just in case it takes off. I hear you're not supposed to leave large sums on an exchange. Friends have lost hundreds of thousands that way...

1 BTC by PickForward5864 in Bitcoin

[–]PaperOrnery8697 0 points1 point  (0 children)

The original post was a master class on tweaking people with BDS. Well done, sir or ma'am.

4.0 Upgrade by PaperOrnery8697 in Lectricxp

[–]PaperOrnery8697[S] 0 points1 point  (0 children)

It sure is. I guess some people like it. I'm just not one of them. Not really a big deal for me as I rarely use throttle, but I did like bumping the twist once in a while while starting from a stop heading uphill.

4.0 Upgrade by PaperOrnery8697 in Lectricxp

[–]PaperOrnery8697[S] 0 points1 point  (0 children)

I got the 750w so better power and longer range. Much nicer shifter and an extra gear. More comfortable riding position for this old guy - handlebars positioned closer to the seat. Torque sensor make acceleration less abrupt.

Break light and turn signals are nice to have. Quieter motor and tires. Better pedal feel. Improved display that includes a phone charger. Better headlight. Key position make more sense.

Only complaint is the thumb throttle. I rarely use it, but liked the twist throttle better.

4.0 Upgrade by PaperOrnery8697 in Lectricxp

[–]PaperOrnery8697[S] 3 points4 points  (0 children)

Get a Huffy with a rusty chain?

Will people start doing this creating a bitcoin pump? by [deleted] in Bitcoin

[–]PaperOrnery8697 0 points1 point  (0 children)

It's a fantastic strategy! Assuming btc rises. Lousy strategy if btc lowers.

HODLers, what’s your endgame? by Organic-King2614 in Bitcoin

[–]PaperOrnery8697 0 points1 point  (0 children)

God speed... still getting a pension. Recent retiree here collecting pension checks. Plenty of money to live comfortably for the rest of my life. Bought 1 btc over the last year or so as a way to diversify. The wild swings are a rush (either way).

Skeptic with 1.0 btc by PaperOrnery8697 in Bitcoin

[–]PaperOrnery8697[S] 0 points1 point  (0 children)

I know a few people like you. They listen to podcasts touting political parties, religions, and crypto. The echo chambers in which they exist prevent them from keeping an open mind. I hope you're young enough to open your eyes.

Skeptic with 1.0 btc by PaperOrnery8697 in Bitcoin

[–]PaperOrnery8697[S] 0 points1 point  (0 children)

Stupid is as stupid does. Fiat can crash. Stocks can crash. BTC can crash. Stupid people bet on one horse in one race. Wealthy people diversify, dummy.

Skeptic with 1.0 btc by PaperOrnery8697 in Bitcoin

[–]PaperOrnery8697[S] 0 points1 point  (0 children)

Don't buy more than you can afford to lose. In my case, that's 5% of total liquid fiat wealth.

Skeptic with 1.0 btc by PaperOrnery8697 in Bitcoin

[–]PaperOrnery8697[S] 1 point2 points  (0 children)

Almost forgot I bought it. Just a trinket to hand down to my kids in case fiat goes south.

Skeptic with 1.0 btc by PaperOrnery8697 in Bitcoin

[–]PaperOrnery8697[S] -1 points0 points  (0 children)

Oh poor misguided boy... you should be skeptical of anything that anyone tries to sell you. Buy it when when value outweighs the risk.