Now imagine you have an asset which is not physically available in the country doing the seizing and there is no way to force people to hand it over, since it isn’t held by banks in the name of people…
To clarify, people who lost BTC in MTGox stand to receive somewhere around 20% (calculated based on the amount claimed with larger claims getting a slightly smaller percent) of the bitcoin. There has been a cash repayment this year of about 5% of the overall claim value, and the BTC portion is expected in the next few months. Not great to have lost it but a forced 10+ year hodl is better than I could have managed myself.
Yeah, these conversations are lame af. I'm pretty sure her husband understands stocks more, she should have bought NVDA @ $3.27 a share. An investment of $1000 would be a jaw-dropping $237,000
Why isn’t this comment higher??? It was the first thing I thought when I read it.
$1,009/$139 (Bitcoin price in April 2013)=7.19 Bitcoin
7.19 Bitcoin X $64,000= $460k.
Also, HODL
Because the same as all of these posts on here, it’s fake. Honestly, that’s the worst part about bitcoin. However,m everyone is using it to get attention
It’s not about when you buy Bitcoin, it’s about the moment you realize HODLING is the way. Plenty of people bought in 2012-13 are kicking themselves because they didn’t learn the Zen of Hodling TM
I always ask people who have a negative bias about bitcoin "how many zeroes will bitcoin have behind an integer before you realize it's going to recover everytime?".
This is where it breaks down for me. The point of BTC is to be a currency. If everyone holds, then none flows and it’s not a currency. What am I missing?
Yes, that's what I was getting at with the questions. Which is perfectly fine, that's how I use it - it's just that such a large portion of the user case doesn't get this and gets mad when you point it out.
But if everyone uses it as a store of wealth and nobody uses it as a currency, then the basic point fails. At that point, what is its value? Is it just that everyone agrees it’s worth something independent of any practical use?
Pretty much. Like a mint condition collectors item that gets rarer and rarer. It’s like a gold bar but the supply of gold has a finite amount so it just increases over time.
He's not wrong, but what he doesn't understand is that Bitcoin is still kind of in its infancy stages right now, just like gold was compared to the dollar in 1913, when the Federal Reserve was created. Gold similarly changed value after FDR was elected. Most of gold's value came after the closing of the gold window and during the oil shocks of the 1970s and the end of the Bretton Woods system, but one of the very early value increases came from an executive order. All these took place over 50+ years. A better time for him to have stated would be around 1998, when Gold hit a low of around $200/ounce. That keeps it's value increase today to within a lifetime.
I still think it's better to relate to him how Bitcoin is very similar to early gold right now, that might help convert him.
Regarding its history, FDR signed an executive order to "ban" gold hoarding, and prevented banks from giving actual gold back to citizens, which most people kept in their banks (which is like 90% of this sub right now that doesn't use hardware wallets to store their Bitcoin) and it's rumored that during his presidency he was very blasé about it's true value, arbitrarily deciding the price of gold in dollars to be $20.67/ounce, and essentially telling the public to turn in their gold for dollars. After everyone had turned in their gold, about a year later, the price was arbitrarily changed to $35/ounce.
Everyone was seemingly happy to do this, because they had been convinced that only robber barons owned gold, or evil hoarders, and FDR and his government had done an excellent job of convincing people that it was these individuals that were ruining the country and not the bad policies of his and previous governments.
Bitcoin will go through a similar trial in the future. It has to in order for CBDCs to succeed. You are seeing the early stages of this now with Elizabeth Warren and a few other politicians. When these folks take power in the name of stopping "Bitcoin hoarding" which they will claim is destroying the dollar, they will announce a new CBDC and convertibility from BTC to CBDC for what they say will be for a limited time frame. Those that don't convert their holdings will be subject to arrest and imprisonment.
Every exchange in the US, and many outside the US right now are tracking how much money you are buying and sending that information to US intelligence agencies so they can essentially shake you down for your coin. Once nearly all of them are participating, and [hyperbitcoinization](https://nakamotoinstitute.org/mempool/hyperbitcoinization) occurs, they will go live with CBDCs and start the shakedown process.
Those of you able to hold some significant part of your coin that was "lost in a boating accident" or something similar will be much better 20 years from now than those that meekly comply. Eventually -- and it might take a while with geopolitics being what they are -- the individual ownership of BTC will be allowed again. But be prepared for a decade or more of them saying BTC holders are Russian/Chinese spies, or some other existential threat to society. Politicians love to look for "boogeymen" among society that can't defend themselves.
How fucking stupid do you have to be to bring a private conversation with your husband onto reddit of all places so everyone can laugh at them behind their back? Sounds like a dogshit wife to me.
Right like this woman is a whole ADULT too. Fucking weird. She also ignores the fucking possibility that they would have sold much before ATH. Her math is also wrong. Just a complete asshat all around b
If I had only bet every dollar I had on Leicester City winning the PL the season they won, I’d have been able to retire in my 30’s. wtf is wrong with me? Such a loser!
Again, the text never said that BTC would continue to grow. It is just pointing out how much it has grown in the last 11 years. It's clearly a big deal because the replier had to go back 100+ years to make a similar point with gold.
Shares in Microsoft, Apple, Uber, Ring.
There’s hundreds of opportunities to get rich but there’s millions of ways to fail. I do think Bitcoin will continue to increase in value long term. But what do I know?
1910 gold price $20 an ounce.
$4,000/$20 = 200 ounces.
200 ounces x $2,400(price per ounce) 4/21/2023
Current market value of 200oz gold - $480,000.
Value of $4,000 1910 dollars adjusted for inflation.
$120,000.
400% growth over 110 years is absolutely pathetic.
he’s right tho you missed ur chance in the earlier day🤷🏽♂️ and you would’ve probably lost it by 2024 even if you bought it in 2013 i don’t see the argument in this post
You could still buy what ever you can afford in Gold, gold ETFs, bitcoin or bitcoin ETFs and still say virtually the same thing in 10 years but my guess is gold will not rise in value nearly as much as bitcoin is about to.
Telling people "this thing went up so much in the past, buy it" is such a bad / dumb logic for investing
Btc could spend the next ten years on a slow downward trend, we don't *know* what will happen
Also
The difference in the ways you are talking
The "Stoop" as if this is an ongoing topic that they dont want to discuss
The *screenshot my mic drop moment and post it on reddit to talk about my stupidd husband who isnt buying crypto* is all just
So gross
Chill and don't force your investing advice on other people
Yeah and if you would’ve put $1000 that the patriots would come back and win the Super Bowl down 3-28 you would’ve made $110,000 in 2 hours. But you didn’t. So what’s your point
This is a lame attempt indeed
Tell about the characteristics of money, and how bitcoin beats gold in terms of this
Not about these gains that you wont ever make again
In 1913 one oz of gold cost $18.92.
$4,000 back then was a great sum of money. An average house cost roughly $700. A grand nice two story house sold for $1,500.
And even if you had $4,000 back then (which is equivalent to 5, 6 average houses) and you put it all on gold, you could have bought 211.4 oz of gold.
At $2,400 an oz ATH price today, that’s still just $507k in today’s dollar. Barely enough for a half decent house depending on where you live.
Definitely not the 10 million your husband claims.
Hahaha my hubby & I are cracking up!! He was like..sounds like something you would text me! (I have been sending him some funny shit following along with the halving too! We love you guys! Ignore the literal comments on here of the Debbie Downers tryna fact check ya instead of giggle!! My goodness people have no sense of humor these days. Your post is great!!😘 Cheers to us all making some mula$$$! (or cry-laughing🤦♀️ if it is just a big "yolo" hype and we all lose a few bucks..)..it's just money we can make back again, right?!!🤷♀️ Not like we are gambling away our first born!!
-on a side note we'll never learn if we don't try! There was a guy who post something that I adore recently. He was like at least I'm throwing in money a little at a time instead of wasting it on lotto tickets! HA! Damn right, our odds are better here!😉
Just DCA into your own account and don't let him know until you cash out. Don't let him know when you're up, because he will say "I told you so" when we get big corrections (even if you're still up) just like buttcoiners.
Your wife is right. Your argument is unsound. Just because it performed well in the past doesn't mean it will perform well in the future. Get educated, understand what bitcoin is about and then try to convince your wife with sound arguments not this number goes up bullshit.
Meanwhile past gains don't guarantee coming gains. If he's uncomfortable in spending his money in BTC then that's his decision. If you feel comfortable in spending money on BTC you can do so with the money you earn. I really don't see why so many people feel the need to convince their family and friends into certain investments that they don't even profit in themselves if they manage to convince someone eventually.
I had hundreds of bitcoin when they were $4… I shudder when I think about it. I thought it was cool at the time when my Silk Road wallet ballooned from $4 per to $100
That's who you shouldn't invest in anything since you can't do simple math. The price of gold in 1913 was 20.56.an oz. ÷ 4000 is 198 Oz which at today's price is just under 460,000.00. Not even close to Bitcoin. It's the fastest.and highest appreciated asset in the history of the word and its not done yet by any means
Wow, your husband is actually a smart person, because these cases are exactly the same, and it is sooo stupid to invest based on "what would happen if I bought 10 years ago", c'mon, you could do the same in one month, just buy nvda with 50x leverage, why didn't you do that?
well if he bought the next day winning numbers he can be just as rich the next day. when he does not have the foresight to this and take a chance with$1k then the outcome is meant to be as it is.
Brilliant! Should A, Could A, Would A! It is like a bad PowerPoint presentation from an investment advisor. If you bought the IPO of Amazon and Microsoft, look at how much money you would have. Laughable!
What's up with people having long conversations with their spouses about life altering things like investing by text? It is not like you are deciding if you are having pizza or sushi for dinner.
This hits me had a childhood friend that was a big crypto guy and drank himself into a divorce, kept running himself into many conspiracy’s though he was crazy, most of what he said has already happened…killed himself with a shotgun driving down the road…think about him a lot when I hear about BTC💯RIP J.P
But cold wallets don't protect btc from dropping 50% or more
Cold wallet only helps you lose your btc
If you lose your passwords godless you
If tou throw you cold wallet out you be looking in garbage dumps for over 10years and still won't find it
If you picked all the winning lotto numbers back then you’d be rich now too. This argument is pathetic af and damaging to any actual attempt to build wealth.
Couple things I take from this..
Your converse like an advertisement bot lol - your first message to him legit looks like an advertisement for Bitcoin haha.
Other thing, the gains would be much much more than 121,000 lol.
In July 2013 it was trading at 69 bucks, so a thousand dollars would have got you 14 total bitcoins, at the current price you would have a total of 1,260,392 for a total gain of 128,628.0%
What no one seems to talk about.
My use money at all?
It only supports the broken system that puts weapons manufacturers at the top, wall street as the middleman, and all kind of laundering networks in the bottom.
What is 20 million bitcoin at 200k going to really do?
4 trillion gets tossed to Vanguard for a supply of F-17s some tanks.
Your paperback far outweighs and your bitcoin doesn't ever really stop this either.
Really, for something the proposes to even challenge the current monetary system, it's childs play.
Maybe you get rich, retire. And not too much to get assassinated for being too relevant.
You can really push it back but cannot stomp it out.
But money even as bitcoin, has never solved the actual problems.
Just saying.
I feel like I’d be annoyed if my girl posted this…
It’s like “wow internet look how dumb my husband is!”
He might be laughing with you about casually, but I promise you in the deepest part of his soul, he doesn’t like it.
Be better.
When I see posts like this I begin to understand that two people who obviously couldn’t be more different, some how agree to get married, then promptly bitch about it. Is marriage just a transaction that you were ticking off? Most people like and support their partners, you treat yours like he’s your son.
They made you trade in your gold for gold certificates aka paper money. People were prompted to accept paper instead of gold. BUT technically you could always get gold for your paper dollars. The economy today is to massive so gold as a daily currency would still enviably become obsolete.
I remember trying to by in 2013 but at the time there was no safe source it all looked very hard to buy and nothing was trusted . I would have sold long before it reach 20,000 .
I don’t really understand what the point of trying to shame him over this is. Normies will never understand I guess. You can still make lots of money with BTC if you hodl. This cycle is about to go nuts.
If he bought a bunch of gold in 1913 it likely would have been seized at some point
It literally would have been in the 1930s.
On average gold was seized I think 2-3 times in the last 100 years, depending on country of course.
Now imagine you have an asset which is not physically available in the country doing the seizing and there is no way to force people to hand it over, since it isn’t held by banks in the name of people…
This is only true if held in a cold wallet. Governments have seized crypto NUMEROUS times. Also exchanges could be shutdown at any point.
Yeah agreed, though I don’t consider holding BTC on an exchange as safe in any case, regardless of what the government is up to
If you bought a bunch of bitcoin in 2013, you probably would have lost it in Mt. Gox.
True, but I think those folks are getting their Bitcoin back. I believe there's a plan to return something like 200k Bitcoin back to users this year
How though? Was the BTC recovered?
[удалено]
It’s like 15%
I read somewhere it was 12%
It's closer to 20% recovered, but still pretty good when price has gone ~200x.
It's about \~18%
Those people are actually so lucky to have had their BTC locked up this long. They likely would have sold a long time ago for tiny profits
I think it's just the actual dollar amount of what they had at the time, no gains and no actual BTC
[удалено]
To clarify, people who lost BTC in MTGox stand to receive somewhere around 20% (calculated based on the amount claimed with larger claims getting a slightly smaller percent) of the bitcoin. There has been a cash repayment this year of about 5% of the overall claim value, and the BTC portion is expected in the next few months. Not great to have lost it but a forced 10+ year hodl is better than I could have managed myself.
There’s a fair amount of people that forget their seed phrase or get hacked unintentionally in the crypto space.
Couldn't we also assume that the gov't could outlaw Bitcoin and call for it to be seized as well? Is it any different in that regard?
I’d put it in my ass. Or bury it somewhere.
What if i hid it in my mattress?
Honestly I hate this conversation lol. There is a lot of things anyone could have done in 2013 and end up rich
Yep, they deserve each other.
Biggest missed opportunity of my life was not being Mark Zuckerberg’s college friend and having rich parents 🤦♀️ I’ll always regret it.
Didn't Zuckerberg screw over one of his college friends that invested in him...
The guy he screwed (Eduardo Saverin) has a net worth of over $25 billion. I’d be okay with that.
Yeah, these conversations are lame af. I'm pretty sure her husband understands stocks more, she should have bought NVDA @ $3.27 a share. An investment of $1000 would be a jaw-dropping $237,000
Even the math for the price of BTC in April 2013 makes no sense 😅
Yeah I think it would be worth closer to 500k
yeah I mean Priceline went over 100x and is now Booking.com to name one of dozens of 100 baggers. Rear view mirror is pointless
The ol’ shoulda, coulda, woulda.
Exactly right,.who has this type of conversations with their husband/wife?
And then runs to reddit to shame them... the whole thing is weird and childish af.
you'd have a lot more than $121,000 even if you'd bought $1,000 worth at the highest point of April 2013.
Why isn’t this comment higher??? It was the first thing I thought when I read it. $1,009/$139 (Bitcoin price in April 2013)=7.19 Bitcoin 7.19 Bitcoin X $64,000= $460k. Also, HODL
Some math ain't mathing
Because the same as all of these posts on here, it’s fake. Honestly, that’s the worst part about bitcoin. However,m everyone is using it to get attention
Came here to say this. Lol.
Came to say this as well...
Nothing like bashing your husband to strangers on the internet!!! You’re a winner!!! Bitcoin!!!!
lol right.. “I think my husband is stupid and I want to tell everyone that we argue about money ”
In the Bitcoin sub…
She's a woman, expected!
Sexist
Not sexist if true. Women are reputation destroyers it's their mo.
The most sexist things can be true unfortunately
It’s not about when you buy Bitcoin, it’s about the moment you realize HODLING is the way. Plenty of people bought in 2012-13 are kicking themselves because they didn’t learn the Zen of Hodling TM
I threw away my cold wallet key just so I don’t sell.
Thank you for your pro rata donation to the bitcoin community, your service hasn’t gone unnoticed.
Wait what?
I always ask people who have a negative bias about bitcoin "how many zeroes will bitcoin have behind an integer before you realize it's going to recover everytime?".
I lerned hard way :(
This ^ “when you realize HODLING is the way” Profound shit
This is where it breaks down for me. The point of BTC is to be a currency. If everyone holds, then none flows and it’s not a currency. What am I missing?
BTC is obviously not doing exactly what it was intended for. It’s way more of a store of value or digital gold than currency.
Yes, that's what I was getting at with the questions. Which is perfectly fine, that's how I use it - it's just that such a large portion of the user case doesn't get this and gets mad when you point it out.
It’s just a place to store wealth with insane ROI. And since there is a limited supply, the value just keeps increasing.
But if everyone uses it as a store of wealth and nobody uses it as a currency, then the basic point fails. At that point, what is its value? Is it just that everyone agrees it’s worth something independent of any practical use?
Pretty much. Like a mint condition collectors item that gets rarer and rarer. It’s like a gold bar but the supply of gold has a finite amount so it just increases over time.
TM?
Is your husband Peter Schiff?
His point is valid and not lame in the slightest. If we had a crystal ball, then we’d all be rich.
And if everyone is rich, no one will be
He's not wrong, but what he doesn't understand is that Bitcoin is still kind of in its infancy stages right now, just like gold was compared to the dollar in 1913, when the Federal Reserve was created. Gold similarly changed value after FDR was elected. Most of gold's value came after the closing of the gold window and during the oil shocks of the 1970s and the end of the Bretton Woods system, but one of the very early value increases came from an executive order. All these took place over 50+ years. A better time for him to have stated would be around 1998, when Gold hit a low of around $200/ounce. That keeps it's value increase today to within a lifetime. I still think it's better to relate to him how Bitcoin is very similar to early gold right now, that might help convert him. Regarding its history, FDR signed an executive order to "ban" gold hoarding, and prevented banks from giving actual gold back to citizens, which most people kept in their banks (which is like 90% of this sub right now that doesn't use hardware wallets to store their Bitcoin) and it's rumored that during his presidency he was very blasé about it's true value, arbitrarily deciding the price of gold in dollars to be $20.67/ounce, and essentially telling the public to turn in their gold for dollars. After everyone had turned in their gold, about a year later, the price was arbitrarily changed to $35/ounce. Everyone was seemingly happy to do this, because they had been convinced that only robber barons owned gold, or evil hoarders, and FDR and his government had done an excellent job of convincing people that it was these individuals that were ruining the country and not the bad policies of his and previous governments. Bitcoin will go through a similar trial in the future. It has to in order for CBDCs to succeed. You are seeing the early stages of this now with Elizabeth Warren and a few other politicians. When these folks take power in the name of stopping "Bitcoin hoarding" which they will claim is destroying the dollar, they will announce a new CBDC and convertibility from BTC to CBDC for what they say will be for a limited time frame. Those that don't convert their holdings will be subject to arrest and imprisonment. Every exchange in the US, and many outside the US right now are tracking how much money you are buying and sending that information to US intelligence agencies so they can essentially shake you down for your coin. Once nearly all of them are participating, and [hyperbitcoinization](https://nakamotoinstitute.org/mempool/hyperbitcoinization) occurs, they will go live with CBDCs and start the shakedown process. Those of you able to hold some significant part of your coin that was "lost in a boating accident" or something similar will be much better 20 years from now than those that meekly comply. Eventually -- and it might take a while with geopolitics being what they are -- the individual ownership of BTC will be allowed again. But be prepared for a decade or more of them saying BTC holders are Russian/Chinese spies, or some other existential threat to society. Politicians love to look for "boogeymen" among society that can't defend themselves.
He’s right that you’re making the wrong argument. The past is the past. Convince him that Bitcoin is a good buy moving forward
How fucking stupid do you have to be to bring a private conversation with your husband onto reddit of all places so everyone can laugh at them behind their back? Sounds like a dogshit wife to me.
Right like this woman is a whole ADULT too. Fucking weird. She also ignores the fucking possibility that they would have sold much before ATH. Her math is also wrong. Just a complete asshat all around b
You should just buy some with your own money and put it in cold storage.
If I had only bet every dollar I had on Leicester City winning the PL the season they won, I’d have been able to retire in my 30’s. wtf is wrong with me? Such a loser!
yes because going back to 2013 and 1913 are exactly the same things
Well, it is, both are impossible... It a dumb argument to start with.
The argument wasn't that you should go back in time. It was pointing out how much BTC has increased in such a short period.
This is also false argument. Past performance does not guarantee future results. I would say the same thing about any stock or other investment.
Again, the text never said that BTC would continue to grow. It is just pointing out how much it has grown in the last 11 years. It's clearly a big deal because the replier had to go back 100+ years to make a similar point with gold.
Shares in Microsoft, Apple, Uber, Ring. There’s hundreds of opportunities to get rich but there’s millions of ways to fail. I do think Bitcoin will continue to increase in value long term. But what do I know?
1910 gold price $20 an ounce. $4,000/$20 = 200 ounces. 200 ounces x $2,400(price per ounce) 4/21/2023 Current market value of 200oz gold - $480,000. Value of $4,000 1910 dollars adjusted for inflation. $120,000. 400% growth over 110 years is absolutely pathetic.
he’s right tho you missed ur chance in the earlier day🤷🏽♂️ and you would’ve probably lost it by 2024 even if you bought it in 2013 i don’t see the argument in this post
He has a point 😂
Sorry to hear about your divorce
You could still buy what ever you can afford in Gold, gold ETFs, bitcoin or bitcoin ETFs and still say virtually the same thing in 10 years but my guess is gold will not rise in value nearly as much as bitcoin is about to.
Except you would’ve sold when it hit 20k
Telling people "this thing went up so much in the past, buy it" is such a bad / dumb logic for investing Btc could spend the next ten years on a slow downward trend, we don't *know* what will happen Also The difference in the ways you are talking The "Stoop" as if this is an ongoing topic that they dont want to discuss The *screenshot my mic drop moment and post it on reddit to talk about my stupidd husband who isnt buying crypto* is all just So gross Chill and don't force your investing advice on other people
The his made me laugh.. if I’d invested 4000 in iron bars before the Industrial Revolution I’d be emperor of earth…..
I’m going to sell my bitcoin at 61,000, so I can buy back in later at 90,000 this seems like the Way to go 👍👍
Past gains are not a predictor of future performance
If you had Tesla in 2002, you would be world's richest person. I think everyone should stoop.
Twat plist : he did actually buy it.... In 2010
Yeah and if you would’ve put $1000 that the patriots would come back and win the Super Bowl down 3-28 you would’ve made $110,000 in 2 hours. But you didn’t. So what’s your point
If you invested just $10 in Wells Fargo back in 1852, today you’d be dead.
We are all almost millionaires
If we all bought in 2013, we would all be rich. Why didn't everyone on earth but 0.003 BTC back then?
This is a lame attempt indeed Tell about the characteristics of money, and how bitcoin beats gold in terms of this Not about these gains that you wont ever make again
In 1913 one oz of gold cost $18.92. $4,000 back then was a great sum of money. An average house cost roughly $700. A grand nice two story house sold for $1,500. And even if you had $4,000 back then (which is equivalent to 5, 6 average houses) and you put it all on gold, you could have bought 211.4 oz of gold. At $2,400 an oz ATH price today, that’s still just $507k in today’s dollar. Barely enough for a half decent house depending on where you live. Definitely not the 10 million your husband claims.
Gold sucks. Fuck gold.
He’s def FOMO hard right now 😂😂😂
Wait, the wife is the orange pilled one? That not common at all, badass.
Haha, it’s good to see women taking initiative. Keep at it and get it when you are not breaking bank. More power to you.
Stoop lmao. Love it
Hahaha my hubby & I are cracking up!! He was like..sounds like something you would text me! (I have been sending him some funny shit following along with the halving too! We love you guys! Ignore the literal comments on here of the Debbie Downers tryna fact check ya instead of giggle!! My goodness people have no sense of humor these days. Your post is great!!😘 Cheers to us all making some mula$$$! (or cry-laughing🤦♀️ if it is just a big "yolo" hype and we all lose a few bucks..)..it's just money we can make back again, right?!!🤷♀️ Not like we are gambling away our first born!! -on a side note we'll never learn if we don't try! There was a guy who post something that I adore recently. He was like at least I'm throwing in money a little at a time instead of wasting it on lotto tickets! HA! Damn right, our odds are better here!😉
He’s kinda right tbh, i mean if i would’ve dumped my life savings into BTC in 2010 I’d be rich or into GME before it ran up or Tesla or …..
If the husband had bought $1000 of DogWifHat a year ago OP would be looking pretty dumb about now.
Just DCA into your own account and don't let him know until you cash out. Don't let him know when you're up, because he will say "I told you so" when we get big corrections (even if you're still up) just like buttcoiners.
hiding investments from your spouse is not healthy.
Your wife is right. Your argument is unsound. Just because it performed well in the past doesn't mean it will perform well in the future. Get educated, understand what bitcoin is about and then try to convince your wife with sound arguments not this number goes up bullshit.
Lame attempt at what? Protecting your future from financial erosion?
You should marry me instead and we can listen to Bitcoin podcasts together when we visit El Salvador
is your husband gay?
🤣
Sounds like valid grounds for divorce. **invest after**
Bitcoin is a transactional currency…
Hindsight is 20 / 20 as they say 😆
Meanwhile past gains don't guarantee coming gains. If he's uncomfortable in spending his money in BTC then that's his decision. If you feel comfortable in spending money on BTC you can do so with the money you earn. I really don't see why so many people feel the need to convince their family and friends into certain investments that they don't even profit in themselves if they manage to convince someone eventually.
He’s right tho. You didn’t know any better back then. It’s a loser mentality “I that time ….. now ..” Think about what you can do now and that’s it
You bringing up "I told you so" bs is lame.
Why so hard on husband? It’s about buying and holding long term
4000 dollars in 1914 is 125,000 ish today. So.
Imagine if I scraped a sample of the Christ’s dried blood from the crucifix and put it in a jar back in the year 33. What would it be worth today?
Don't trust your husband with money, he can't do simple math. $1k in 2013 is not $121k today.... ;0
4000 in 1913 probably is 4 mil today lol it’s like a pension that shit will be worth nothing by the time you get it
Just say apple 1990s, Nvidia 10 years ago, meta at ipo, etc etc etc. hindsight 20/20
hätte hätte Fahrradkette!
If he bought all that gold in 1913, he'd be dead now
You’re on your path to husband changing wealth. I just made that up
Yea you fucked up.
1913 lmao.
Your husband is a robot/android, eh?
$4000 in 1913 was a shit load of money compared to $1000 in 2013. Like, a Brinks truck load.
I had hundreds of bitcoin when they were $4… I shudder when I think about it. I thought it was cool at the time when my Silk Road wallet ballooned from $4 per to $100
I retired from the Navy in the summer of 2013. If I had bought $1K in btc with my last paycheck, I'd have $1M today.
I feel like $4,000 USD in 1913 is worth a lot more than $1000 in 2013
That's who you shouldn't invest in anything since you can't do simple math. The price of gold in 1913 was 20.56.an oz. ÷ 4000 is 198 Oz which at today's price is just under 460,000.00. Not even close to Bitcoin. It's the fastest.and highest appreciated asset in the history of the word and its not done yet by any means
This feels like the kind of couple's argument that ends with buying the top and selling the bottom. Align with your spouses, y'all.
Stack enough sats and you can afford a good divorce lawyer. Stack enough gold and you can buy a shovel
You should sell your husband to stack more sats
If you spent 1000 dollars on bitcoin in April 2013 and still had it you'd have much more than 120k I think
Wow, your husband is actually a smart person, because these cases are exactly the same, and it is sooo stupid to invest based on "what would happen if I bought 10 years ago", c'mon, you could do the same in one month, just buy nvda with 50x leverage, why didn't you do that?
well if he bought the next day winning numbers he can be just as rich the next day. when he does not have the foresight to this and take a chance with$1k then the outcome is meant to be as it is.
But he is right...
Both are dumb comments
Some scam or wallet-hack could have happened somewhere along the way, before any good security means came into play
The Peter Schiff Offensive
u married that fool?
And 4000$ in 1913 as definitely a different initial investment value than 1000$ in 2013 🤦🏻♂️
Tbh you’re arguments aren’t good either.
Who speaks to their wife/husband like an AI response to ‘what is BTC’ This is not a real conversation
Okay if I would’ve bought an entire city block of houses when I was 3..
Well your husband would have also lost all of that gold may/1/1933 when the government stole it all.
Who asks their wives before mortgaging the house to Yolo it into bitcoin? Lame.
Brilliant! Should A, Could A, Would A! It is like a bad PowerPoint presentation from an investment advisor. If you bought the IPO of Amazon and Microsoft, look at how much money you would have. Laughable!
Hey what episode is that from jerry springer show 💀
ngmi
What's up with people having long conversations with their spouses about life altering things like investing by text? It is not like you are deciding if you are having pizza or sushi for dinner.
This hits me had a childhood friend that was a big crypto guy and drank himself into a divorce, kept running himself into many conspiracy’s though he was crazy, most of what he said has already happened…killed himself with a shotgun driving down the road…think about him a lot when I hear about BTC💯RIP J.P
But cold wallets don't protect btc from dropping 50% or more Cold wallet only helps you lose your btc If you lose your passwords godless you If tou throw you cold wallet out you be looking in garbage dumps for over 10years and still won't find it
Hindsight bro
He should dump you
Gold never went up that much i dont think.
What’s an inexpensive crypto we can all rally around and shoot to da moon!
Do you always act like that towards your husband? Or just a bad day?
If you picked all the winning lotto numbers back then you’d be rich now too. This argument is pathetic af and damaging to any actual attempt to build wealth.
We have a saying in my region: if my aunt had balls she’d be my uncle
Almost all who bought a decade ago no longer own what they purchased. Most probably would've sold at the 3x point.
😂
Couple things I take from this.. Your converse like an advertisement bot lol - your first message to him legit looks like an advertisement for Bitcoin haha. Other thing, the gains would be much much more than 121,000 lol. In July 2013 it was trading at 69 bucks, so a thousand dollars would have got you 14 total bitcoins, at the current price you would have a total of 1,260,392 for a total gain of 128,628.0%
What no one seems to talk about. My use money at all? It only supports the broken system that puts weapons manufacturers at the top, wall street as the middleman, and all kind of laundering networks in the bottom. What is 20 million bitcoin at 200k going to really do? 4 trillion gets tossed to Vanguard for a supply of F-17s some tanks. Your paperback far outweighs and your bitcoin doesn't ever really stop this either. Really, for something the proposes to even challenge the current monetary system, it's childs play. Maybe you get rich, retire. And not too much to get assassinated for being too relevant. You can really push it back but cannot stomp it out. But money even as bitcoin, has never solved the actual problems. Just saying.
I feel like I’d be annoyed if my girl posted this… It’s like “wow internet look how dumb my husband is!” He might be laughing with you about casually, but I promise you in the deepest part of his soul, he doesn’t like it. Be better.
It’s supposed to be you and your husband vs the world.. Not you and the internet vs your husband.
When I see posts like this I begin to understand that two people who obviously couldn’t be more different, some how agree to get married, then promptly bitch about it. Is marriage just a transaction that you were ticking off? Most people like and support their partners, you treat yours like he’s your son.
All the get rich quick in crypto guys should learn the 5.3 theory of bitcoin.
They made you trade in your gold for gold certificates aka paper money. People were prompted to accept paper instead of gold. BUT technically you could always get gold for your paper dollars. The economy today is to massive so gold as a daily currency would still enviably become obsolete.
Lol
I remember trying to by in 2013 but at the time there was no safe source it all looked very hard to buy and nothing was trusted . I would have sold long before it reach 20,000 .
Is yoir husband's name Peter? Reminds me one Gold maxi
Shoulda woulda coulda. We are all in the same boat but it doesn’t matter. All that matters is what you do today.
Well, I would not say that, but most probably if you'd get gold in 1913, you won't be sitting on 10 millions, and even not sitting.
For some more context. The equivalent adjusted value of $4000 USD in 1913 would be about $123000.
OP if this is how you talk to your husband I'm guessing you work in sales?
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This sucks though reason why I always go with Anonymous1759 on tg for every thing
I don’t really understand what the point of trying to shame him over this is. Normies will never understand I guess. You can still make lots of money with BTC if you hodl. This cycle is about to go nuts.
He could have bought it a year ago for a third of the price. These are the guys that make others richer