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Old 06-16-2020, 12:09 AM  
jscott
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Join Date: Feb 2001
Location: Taipei
Posts: 25,256
Quote:
Originally Posted by Ferus View Post
Close. My exitstrategy was lower, but it reached $18k before I managed to cash out (got $15k each in a private deal)... And a fair part of that was mined on a old ATI gpu back when the price was around a dollar.

I invested 45% of it in hydrogen tech (Nel and nikolai) and that is up +600 so far.... So things are good. A fews years from now it will be a lot more, and all of the profit goes to my new forrest foundation as donation(=No tax on the profit)

In five years I think most the value will be gone. Blockchain will stay, but bitcoin will have lost its value.
Bitcoin is what brings value to Blockchain. Blockchain alone is a slow as hell database. Bitcoin is a truly decentralized & immutable chain, can you name another?

(Remember, ETH had previous rollbacks and premined, centralized. Bcash has 51% attacks due to centralized mining and low hashrates, Ripple owns/will own more than 60% of all XRP, ALL altcoins have similar issues or risk)
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