CFTC Orders Coinbase Inc. To Pay $6.5M Penalty

Re:CFTC Orders Coinbase Inc. To Pay $6.5M Penalty by hellbannedguy on Saturday March 20, 2021 @01:59AM (#26521103)

I will never forget the guy (on here) who said, ‘I’m buying a few bitcoin, so if in the future my children ask me, why didn’t you buy when it was cheap dad?’

I was a click away from buying a rig rig a few years ago. I wanted to build the rig because that seemed like the fun part. I even had excess electricity from solar panels, but chickened out.

I thought bitcoin made sense, but listened to the masses? I was always one of those guys whom never took chances with money.

I just might buy a cheap rig tomorrow? I’m so lazy, and broke, I’ll wake up, and put it off?

[ Parent | on HN ]

Re:CFTC Orders Coinbase Inc. To Pay $6.5M Penalty by jl2718 on Saturday March 20, 2021 @02:32AM (#26521232)

Everybody wishes they had gotten more serious earlier. I ran testnet. Nice toy, but the fan noise was bothering me. Fast forward to way too darn late. I knew a guy that did get serious, barely. I don’t know how many he had, but he traded 26,000 of the coins from his CPU for some of the first ASIC rigs. Tiny steps in the direction of something you believe in add up. It can be anything.

[ Parent | on HN ]

Re:CFTC Orders Coinbase Inc. To Pay $6.5M Penalty by vl on Saturday March 20, 2021 @12:44PM (#26524300)

In the history of Bitcoin apart from the very early days it was always better just get the money you wanted to spend on rig/energy and just buy and hold BTC, unless you wanted to do mining very hands-on.

[ Parent | on HN ]

Re:CFTC Orders Coinbase Inc. To Pay $6.5M Penalty by johanneskanybal on Saturday March 20, 2021 @11:54AM (#26523972)

More like a personality away than a click. People say the same thing every year then don't act on it, won't do it now either.

[ Parent | on HN ]