The whole time I was bitcoin mining, I had a canary with me. If the canary keeled over, that was my cue to get the hell out and happened to me in 2014. I'm not sure how philipma1957's canary is still singing.
I do not go back into my past to review errors. I just do not do them anymore.
This is very simple stack game and hodl never sell.
Unfortunately I did not catch on to it until much too late.If I simply just held my signature earnings and never spent them I would be a wealthy man.
But no use crying over spilt milk.
Just do not spill any more.
I'm sorry
(but not sorry) to break the news, you are not really stopping in various aspects of your prior mistakes. You are just engaging in similar kinds of mistakes, even if at a smaller level, which gets back to the questions of getting out of bitcoin mining.. but you are probably going to do it until you be die.
Regarding signature campaign, I am pretty sure that I got paid around 2 BTC for the about 2 years that I was participating in them 2017-ish timeframe.. but I am pretty sure that I don't have those coins anymore based on my own hackening-related mistakes... so I am not claiming to have had been free of mistakes at my own level.
Sometimes there can be times in which I consider that if I had done x, y and/or z, then that would have had resulted in more coins.. but then if there were more coins and they ended up getting included in something like a hackening event then the extra work in accumulating more coins would not have had resulted in more coins in the end of the day... which also includes any other separate events that any of us might have had in regards to any coins that we held on exchanges, which any of us who have held coins on exchanges, we may well could have had lost some coins.. even though I also had a few incidents where I gained more or less free coins by having them on exchanges, yet overall the losses were greater than the gains..
And, I am not even saying to completely move away from retaining exchange relationships. They are a pain in the ass, but they also could be avenues for liquidity... and yeah, maybe it is too bad that we do not have more direct avenues for liquidity, since I think that various governments (and even their pressures on exchanges) are purposefully causing way more obstacles and burdens than what needs to be in place that likely lower bitcoin's value due to obstacles in being able to directly spend it.
Regarding the "can men have babies?" question.. we do have the biology versus social norms situation, and we also have some situations in which the sex is ambiguous.. and I think that if the female doctor stuck to those kinds of numbers, then she could have had argued that there are potential issues with close to 1.7% of the population.. yet she still would have had to stick with the answer to the other question about 49% of the births are clearly boys that turn into men and 49% are clearly girls who turn into women. The women have the biology to have babies and the men do not.
Here's what I got from Google AI:
Although Google AI results show that around 51.3% of live births are male and 48.7% are female and does not account for the ambiguous portion. So that account is 105 boys as compared with 100 girls.. but still the girls have the parts to get pregnant and have babies and the boys do not.
[edited out]
Phil - I'm sure you're no alone in wishing you had held onto your original stash. For others the downfall was their stash was stolen from them by the Mt. Gox hack.
The U.S. tightening of financial institutions and SEC regulation will help go a long way in making investors feel better about owning Bitcoin and other cryptocurrencies.
Seems that some years ago stealing Bitcoin was like the Old West where robbers on horseback robbed the Wells Fargo stagecoach along a hidden path in the woods of the money and gold and silver it was carrying with just one man carrying a rifle to fend off the robbers' attack.
The MTGOX was a snapshot in time.. and yes a decent number of coins.
Paper bitcoin's does not solve the issue of losing your coins to third parties.
Yes.. you would like to imagine that you are safe in your share of a paper bitcoin, but you are not as safe as you are spinning it to be.
this bot teaching phil bitcoin history lulz
unreal times are upon us haha
I wish I lost 100 coins at mt gox as I would have gotten a refund back.
I never lost much if any in exchanges.
One of the factual matters is if you do not have bitcoin, then it is a lot harder to lose them.
In other words, it is hard to lose what you do not have.
By the way, back to my other story of losing coins.
There was one point in time around late 2014 in which I was considering converting a good chunk of my non-bitcoin (largely tax deferred retirement like funds into bitcoin). i was thinking 1/3 or 1/2, which would have greatly increased my bitcoin holdings, and the BTC price around that time was around $400-ish...
Largely, I decided not to do it, based on hedging ideas and considerations that I had already largely put enough into bitcoin, and it would not be a bad idea to just keep those other non-bitcoin retirement funds in place as a hedge... so then it get's me back to the question regarding if I had converted them, would have they gotten caught up in my own hackening situation or would have ONLY part of them gotten caught up. I really am not sure since I had various accounts that all got hacked at the same time (the sim swap situation), but they all did not get hacked... so then there is a question of having them and then there is another question of where they would have had been, if I had accumulated additional bitcoin based on a decision to reallocate somewhere between 1/3 and 1/2 of those accounts into bitcoin.
By the way, the MTGOX folks who were paid made a killing in terms of dollars, even though they only got around 18% of their bitcoin back... yet since the bitcoin had gone from $200 to $95,000 - the percentage rise made up for the haircut that they ended up taking... which surely is one of the advantages of in-kind redemption as compared with the FTX creditors, who received around 20% more of the dollar value of the coins when the coins were at $19.5k (at the time of the bankruptcy filing).. so instead of $19.5k, they got something like $23.4k.. which must have had been really satisfying for them since quite a few of them had been paid off throughout 2025.
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