RE: To Keep Going... no Matter What

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To Keep Going... no Matter What

in crypto •  11 days ago 

I agree, not for the faint of heart!
Wow, too bad about your 0.5 BTC. I think a lot of us have similar stories. I was offered dozens of BTC when I was down on my luck in 2016, for example. I almost bought 1 BTC on eBay for $30, which included a physical "coin", but I turned it down because they were only $16 at the time and I didn't want to pay such a high premium. And a friend gave me 1 BTC when he died a few years ago, I later found it in my wallet, waited for the right moment, cashed most of it out (via gold coins and then fiat) last month when spot was $100000 USD. I paid off the debt to my ex/the govt, so now I'm getting my driver's license, passport, bank accounts, and other rights back. (Salute and RIP to my buddy Warren!) I helped a lot of people get into BTC in 2013. Myself, I don't invest for profit so I stayed out of it. But then in 2016 I finally got a wallet and started to learn about it, because I saw that it was becoming a legitimate currency. I've never "bought"... but I've made good use of that gift. I find it hard to use, and prone to catastrophic loss of funds. But powerful once you get it working properly. It's just not private, or decentralized, or free of banking/govt, the way it was supposed to be. I'm skeptical about BTC and other cryptos going forward. Glad to have got mostly out of the market. I think gold and silver bullion are the best savings for me.
As for blockchain blogs... they lured us in with the "make money for your comments and likes!" concept... which really didn't turn out to actually work. A few guys got rich and traveled the world on their earnings in 2016, but that was about it, and since then most of us have taken up the mantra "oh well, at least we kinda get some tokens, and we were going to blog anyway, so it's better than nothing". Fair enough, but let's be honest, this isn't what it was billed to be, either. People are right to be a little disappointed.
And now, look at BLURT. Scary chart indeed. I've put tens of thousands of dollars, and MANY years of my life (40 hours a week), into piling up 1.2 million BLURT which is currently worth 2 grand. And I'm not alone! It's not all about profit, for me, but losing money year after year after year... when supposedly EARNING for all my work... is not a happy feeling. I would have been better off on FaceBook (well not really, I'm life banned there LOL)
As for these blogs, I have to remind myself... they permanent. I can't edit them. So yeah, they're a nice form of diary. But very public, and very permanent. Like one of the most permanent things known to man so far. Just a thought.

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  ·  7 days ago  ·  

I remember back on Steemit, one of the friends I made early on used to present crypto seminars and he had a bunch of promotional BTC coins made that he gave to workshop attendees. "Here, have a Bitcoin!" I wonder if any of those people still have those coins, tossed into some desk drawer, untouched.

Congratulations on your "success" story... always cool to hear someone having truly benefited!

No, these crypto social gigs are not what they were promised to be... which is perhaps less about the validity of crypto than about the fact that 99.99% of web content actually has virtually no monetary value. The same has held true for every "get paid for content" site I have been part of since 1999 — a handful of early adopters get rich, and everyone else ends up making a few cents before the venue slowly bleeds to death as the piranhas in the water slowly fight over smaller and smaller "food nuggets."

Here, perhaps the venues won't shut down, but while we might double the number of tokens we have staked, you end up with 100,000 being worth $500 last year, and having 200,000 being worth $400 this year and 400,000 being worth $350 next year and so on, ad nauseam.

Yeah, the blogs are permanent. So I keep what I say here to stuff I don't mind people knowing about me... now, and 20 years from now.

Thanks for stopping by!

  ·  5 days ago  ·  

Fantastic comment, agreed 100% and couldn't have said it better.
Also - thank you!!