Where are all those early miners who dumped their mined ETH for BTC in 2015 & 2016?!

MrYukonC

Check my account date -- I was here in the beginning.

I told you all not to dump that ETH for BTC!

You should have listened!

o0ragman0o

Some of us kept the faith . Times I've sold was, to repay my initial rig loan, elec bill, complete sellout running from TheDAO hack and buying back in at about 1/2 my value and to buy a dedicated dev laptop. Still, pretty humble holdings even now given I had so little to put in from the start. But for those few 1000, I'm hugely better off now.

Though crypto across the board is dumping massively, lost about $20~30B today out of a $90B high a few days ago, going to be a lot of newbie butt-hurt.

MrYukonC

Everything is dumping, but that's part of the circle of life in the world of crypto.

You know that well by now.

What we hope to see here is a contraction back to a level that is still higher than the previous low, and then repeat from there through a series of expansions and contractions.

Over the years, if you hold strong enough and long enough, you will come out a winner.

Wolf0

Right here! No regrets, either - couldn't have known, so I did what I thought was best.

BUTUZ

Keep 50% dump 50% you do that and you'll always be making a killing.

mmx

MrYukonC said:

Check my account date -- I was here in the beginning.

I told you all not to dump that ETH for BTC!

You should have listened!

Didn't you sell your GPUs a few months ago?

MrYukonC

mmx said:

Didn't you sell your GPUs a few months ago?

Yeah, I did. Because it was cheaper and easier to buy ETH directly than to keep competing with what is turning out to be an exponential difficulty increase.

ethfan

@ragman, still keeping your brilliant article in mind. We now see the second order of magnitude increase. Waiting for the next...