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Question: How Painful Was Your Dubious BTC Sale(s) In The Past?
Extreme Pain! - 8 (26.7%)
Pretty Bad! - 2 (6.7%)
So/So! I Can Take The Pain! - 7 (23.3%)
Tis, But a Scratch! - 3 (10%)
Would Do It Again! - 6 (20%)
No Comment (IRS Has Eyes!) - 2 (6.7%)
Despondent! Blew It All! - 0 (0%)
Go Away I Represed This! - 1 (3.3%)
No View! BTC Is Fantasy/Unicorn $$$! - 1 (3.3%)
Total Voters: 30

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Author Topic: Bitcoin Regrets? Past BTC Sale(s that would look CRAZY Today! Poll. :(  (Read 317 times)
btctaipei
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November 16, 2020, 04:59:43 PM
Last edit: November 16, 2020, 05:12:19 PM by btctaipei
 #41

some people (we included) are into BTC circulation.

Those whom sacrafice and helped out with BTC circulations had sold off  some coins, some of us had BTC bought back when people were doing panic selling during extended dips.

The regret is that the BTC that were flipped on centralized exchange during earlier days were very bad for privacy.  It was fast profit in BTC never the less, but should have considered the method involved more carefully.

with each BTC well over $1000 privacy is important.  

Most mixer have limited pool of bitcoin for privacy and it takes tons of smaller addresses over long period of time to break chain analysis associations.  Alot of manual work is now required, should of withdrawn in large # of small transactions from those centralized exchanges in the earlier days to make privacy preservation easier today.

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November 16, 2020, 05:10:39 PM
 #42

Back at my memories when I first started doing earning Bitcoin, it is not really pretty much expensive compared to what the price it has right now, I think I have earned numerous Bitcoin before and sold for a very low affordable price for the only sake of me having an income in terms of earning Bitcoin for having a handful of money in my pocket. It is very regretful in my thought when the year 2017 enters the calendar for it is one of the waking up years of Bitcoin where it become more popular to the world considering the first highest price peak was recorded on the same year despite of the issue with China and other stuffs, that is the same year where bounty campaigns arises bringing lots of opportunities to people. It is just regretful for I did not foresee that the price of it can soar as high as what we are having right now. But still it is a good learning from the past because I learn the importance of it exactly right now.

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November 16, 2020, 05:27:24 PM
 #43

Back in 2013-2015 when bitcoin were earned by circulation it took on average 150 BTC to make up for 1 BTC per week with dozens of sales per week. 

earlier BTC days saw those who had BTC and willing to selling were restaurant, gaming community cashing out and gamblers from satoshi dice that needs to pay rent

Earlier day unlike now see fewer investors and get rich quick seeker like now in IMHO.

Profit margin were small doing circulation on main street, and life were hard.  Long hours worked as barista to earn our keeps and pays our tuition.

with tight AML/KYC rules and restrictive withdraw policy on centralized bitcoin exchange as well as localbitcoins fees are now at least 10-15% for F2F trades.

finding safe new parner to trade is now an issue.

The regret was not having taking on more customer and sold more BTC in the earlier days in exchange for more reliable partner today.

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November 16, 2020, 05:45:23 PM
 #44

i regret testing oddball wallets back when btc was like $2 USD. send 5 or 10 btc to a test wallet, blow up the test wallet or lose it. in those days it was like pfffftt its only a few btc (worth maybe 10 or 15 bucks back then say) in the wallet, too little money to expend much time or effort into fixing or finding it. so i just basically forgot about them.

wish i had those blown/lost wallets now, i sure as heck would try to recover them these days  Tongue
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November 16, 2020, 05:52:25 PM
 #45

The years of experience in the crypto industry taught me that no matter what people say, Bitcoin is the king. Accumulate sats because they are the healthiest for your wealth than any altcoin or fiat currency. Personally I don't have regrets because I know they taught me precious lessons that would have costed more time and hassle later in life.
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