Well I wish I had actually bought bitcoin and not just said I would. hmm now its 20k a coin, would have made 5x as much money in a few months. Hells bells
If I had put 100k I would have made 500k. Imagine if you had bought it at 1000 a coin (20x as much). I still feel like its going to keep going up.
Id say buy altcoin, dodgecoin eutherum because they are still relatively cheap.
Sorry to hear that! I always wondered if you followed up on your plan or not. Do you plan to still buy in, and if so how exactly? Waiting for a big dip or slowly cost-average over time?
Doge? Compared longterm to btc that looks pretty bad to me, but you could try trading very small sums between DOGE/BTC to maybe outperform BTC. Isnāt Doge essentially a joke? It was mentioned here before.
(1 bar = 1 week)
For Etherium I have trouble imagining that enough people believe itās going to the moon like everyone thinks about Bitcoin. I canāt see the future either, but I wouldnāt be surprised if bitcoin is at 50,000k when Etherium is still below 1k.
And before I dare to buy BCH again it needs to come back down by a lot.
LTC might have been a good choice a while ago, but Iām not buying something that just jumped up 200% in a few weeks, Iād rather buy something that just crashed down and has reason to bounce back up.
I was supposed to get 20k throwaway money which I was going to use to buy BTC, but i never got it,.
If āifsā and ābutsā were candies and nuts, weād all have a merry Christmas.
If wishes were horses, then beggars would ride.
Was actually talking to a friend about this today. Back in June or something another friend and I were explaining to him how Bitcoin worked. Must have been somewhere around $3000 per bitcoin or so. He came in today and pointed out how we could have made bank if weād put something in then.
But ultimately, thereās just no way to know about these kinds of things. With something thatās so volatile, you canāt say things are always going to turn out how you want them to. Hindsight is 20/20.
Andā¦
Basically this. People who participate in bitcoin trading seem to do it under the implicit assumption that itās going to rise past any meaningful standard of its value, then āburstā before the process begins again. Itās just so speculative. Itās kind of a neat idea of something to do for funāIād consider buying some after the bubble bursts to see what happensābut as an actual investment strategy it seems dangerous.
Hindsight is a terrible prediction model.
reading rest of your post
You beat me to it, damnit.
Well Linus youtuber is making a test right now to find out if mining is profitableā¦ back when bitcoin was 7kā¦ like a week ago they sayd that it will probably take years to make up for hardware costs.
Also i have a friend that think it will make him rich but i dont think soā¦ not only because there is no way to say when this pyramide blows but even if bitcoin will grow 100% every year it wont make you richā¦ you may make a million if invest like 100k but it is realy not that much money today if you consider that it works only one time.
I dont realy know because Bitcoin is as unpredictable as human stupidity. No idea how long that going to goā¦ maybe till 200k or baybe till 20k but on some point peeople will try to withdraw some serious money and only a fev will actualy do it just like in other pyramids.
Price of Etherium when I wrote that yesterday: ~390
Price of Etherium now: ~445
Iāve felt similarly on so many occasions. Like when I thought about buying BCH at ~300 (now 1200) but didnāt or ETC at ~9 (now 23) but didnāt buy either a few weeks ago.
Went from 160 to 240 since I said that.
So maybe just do the opposite of what Iād do 
.
Edit: all prices in EUR.
Iād imagine the same circumstances that are causing Bitcoin to rise will indeed cause the others to rise, just not at the same rate as Bitcoin.
Hard to predict the effect if (if? when :P) Bitcoin crashes. Could drop because theyāre related, or stay steady because theyāre a little bit different. you might look at the price change of these other commodities during previous crashes.
There are no hard reliable rules, but generally Bitcoin crash means general crypto-crash. They arenāt anti-cyclic if thatās what you mean, thatād be way too simple. Alts seem to be most strongly (upwards) affected by news/rumors or new actual usecases for alts being created (e.g. Crypto Kittens for etherium).
Iāve seen someone speculate that people who invest in Bitcoin, but are disappointed (but not yet burned) by the performance of it, go chasing their dopamine highs in the altcoin market. That seemed plausible. And since altcoins generally tend to have lower volume theyāre probably pumped and dumped much more commonly, which is why I never go chasing those up-spikes on charts, since they could potentially go right back down in a few hours.
I played the national lottery once. Bought a Ā£1 ticket. Still wonder about the alternative me in a parallel Universe who won. I donāt think he handled it very well. Couldnāt handle the guilt of getting rich without putting in the hard work.
Anyway, I donāt do bitcoin but I like watching the graphs go up and down . Well you got to have a hobby.
I am very confident in my ability to adequately handle such a situation. 
So how is everyones feelings now? I got into crypto beginning of December. Somehow managed to have just as much as I initially invested now cause I managed to pull the trigger just in time before that last cruel dip.
On one hand, the tech behind this is incredible (the next big thing after the internet blah blah), and it seems like there is a change in mind on government side. But I believe it has potential to become the biggest bubble we ever had in history because never were we more driven by media and fud than nowadays. I just canāt let it go completely right now, but I do now invest back in a much slower pace, instead of fomoing back in now.
The only advice I have for everyone after this rollercoaster ride is if you hadnāt been in a rollercoaster, there is no helpful advice for you. You read everything all over again and again, hodl, only invest what you are willing to lose, donāt sell at a loss and so on. But once you got hooked, youāre on the hook.
Where itās going to go? No one knows. For me, I know this: Me from the future will hate myself more for a missed chance where I already was in than for spending money on something that went worthless.
Now back to gamedev everyone!
Good on you! All things considered that is a really good outcome. I didnāt sell in time (didnāt sell at all) and my āportfolio valueā is now still down about 10% from initial investment, about 30% from where I was before the crash. Around the last lowest pricepoint of bitcoin I was on a business trip and unable to react in any way. That happens very rarely for me, but it was really frustrating to come back to this. Now Iām hodling till Iām in the plus again, then Iāll sell and wait for the next proper crash I guessā¦
Itās weird, but I kinda feel the same way. I find that concerning in a way. You know what I mean? Itās gambling after allā¦
By the way, what exchange are you using (btw. kraken really stepped up their game in āsite-responsivenessā lately)? And how are you handling this tax wise? Iāve exported a list of my 2017 trades as CSV file and sent it to my tax accountant, but havenāt heard back from him yet.
Is it OK to put a mining algorithm in your free game as long as the player is made aware of it and has the option to turn it off and get ads instead?
I donāt know about the legal implications (which also may be vastly different accross different countries and sound like a nightmare to handle - I donāt think itās worth the hassle), but aside from that I would suggest to make ads the default and then offer 2 buttons to remove ads, one for flat fee, and one for mining, which should be called something like ācrypto mining (pay over your electricity bill)ā or something like that. Most people have no clue what this is and need to be be made aware of the implications. Calling it āfreeā would be a blatant lie, and burrying the info in fineprint would be unethical. I also doubt many would go for that option. And depending on what amount of data needs to be transfered for syncing and starting the mining process, it might be entirely infeasible for people with capped data volume internet access. I donāt think youād be doing yourself a favor persuing this.
Several websites have (and still do) crypto mining while you visit, without your knowledge, using your processing. The current web dev discussion is to see if people would prefer that instead of advertising.
Afaik my antivirus software blocks them, but generally if there was a sane, secure, and standardized way to do it, Iād be ok with it.
But I think thatās still needlessly complicated compared to traditional āpayingā. It could be solved for example by integrating a payment method into adblock directly, where you have one browserplugin that tracks your time on sites, you pay a monthly fee for adblock, and adblock distributes it accordingly to the sites. Kinda like youtube red. And hopefully much more ācost-efficientā compared to mining, but I donāt know of course. In a big-picture view, Iād rather have all the mining be done where it makes sense globally, like in cold climates with cheap and clean geothermal energy.
Iāve mined a tiny amount of XMR. It was a major pain in the butt and took way too much time.
It was amusing to watch bitcoin market crash. Prior to price drop everybody was singing praises to cryptocurrencies and there was an explosion of ICOs, new currencies, etc.
Then prices dropped and boom - silence everywhere.
Blockchain is an interesting tech for sure, but crypto just harms earthās resources for absolutely sod all gain over classical currencies. Itās a blot on the world and utterly temporary. It should give the world a lot of data for an eventual universal currency someday though.
Yeah, I agree. It is waste of electricity for nothing.
At least Folding@home was said to be doing something useful.