Lost numerous SATs on rug pull a year ago. Never again

Started playing around with bitcoin around 2011, and not many years later the first clone came along with pre-minng which I had to learn the hard way! Like some pump&dump projekt called BlackCoin, but still had majority in Bitcoin I where just curious to test new stuff.

In 2016 I went total ape in Ethereum was even running a local Ethereum Meetup which was quite big, and I thought this will change the world to the better, when the ICO craze of 2017 came along, I became more than sceptic about the whole crypto world even bitcoin because the high overflowing mempool I exited 90% of my eth and went to shitcoin fiat.

Early 2019 my conviction for bitcoin came back, and I consolidated all amounts from forks, airdrops and various shitcoins to bitcoin. And since then there is no other than bitcoin.

But it feels everyone needs to go though their share of shitcoining before figure out there is no alternative to bitcoin.

I began my shitcoiner career mining eth with gpus. As time went on the constant changes to eth mining made me realize that it wasn't so decentralized after all.

When I started back in early 2020, I "diversified" between Bitcoin, Ethereum and Cardano. I also flipped a handful of tokens shilled on /biz/, and got that Uniswap airdrop thanks to using Metamask.

I sold my alts for Bitcoin a few months later after doing further research, so I actually missed the bullrun where alts shot up in the BTC trade pairing. But I don't regret that. Had I held, I'd probably have gotten hooked on shitcoining.

I held every shitcoin under the sun in 2017. Made a solid 600% profit, but only took out the money I'd invested. Then learned my lesson in the bear market and have been DCA-ing every week into bitcoin since.

Once Bitcoin becomes your unit of account it gets a lot easier, because you only ever see your savings go up. I have always kept some fiat savings in case of urgencies

Forgive me Satoshis

I have sinned

I was just always looking for a way to get into the programming side, and to do that I needed money cos I couldn't be working at the same time. For me at first there was Steem and then I was GPU mining for a while, landed a task working on a bitcoin fork chain and got the chance to fully build my skills up.

I liked the general idea of the Steem forum but always felt it was compromised by its premine. The micropayments it enabled are now possible with LN so there's really nothing we are waiting for other than protocol designs that link all of the things together and give ways to pay content creators, and by this develop a legitimate ranking.

For me, Bitcoin just was too small a field to be able to enter into working on something related to it. From day 1 I wanted to build something to improve on Tor, and integrate better for protecting Bitcoin transactions, and now, I am!

I was just naive, but I did see the cultish, scammy nonsense going on and always hated Ethereum once I saw what they did with it and how ridiculously over engineered it is, and now, getting chummy with the WEF is beyond the pale. The Merge really has been a watershed dividing the times of somewhat innocent shitcoining to full out brazen pseudo fiatcoining.

For some reason I haven’t. I was considering “diversifying into ethereum” at the beginning but I quickly realized that there is no sense in holding other coins and there is also the fact that everything follows bitcoin.

I did however used shitcoins as tools. Like converting to get dust out of an exchange and also used those shitty crypto.com cards for a while before converting everything back to bitcoin and nopping the hell out of pretty much every KYC service.

Ah yes the days of using shitcoins. Used them primarily for legacy platforms they mimicked. Easy signups and account creation since a hww was all you needed. Yeah glad I got out before the hacks came in and the yield died. Gpu mining was also profitable until it wasn’t. Everything over there is temporary. Now bitcoin and lightning network are great and every time I get the chance to get cheap sats I’m happy. There are enough services on LN so can’t complain. Plans now are to open a business or 2 that will accept sats and to cut out visa/MasterCard as much as possible. Gl and stay safe everyone. Rug pulls everywhere

Yes, I was and I fell for the "diversify" narrative, thinking they are all tech plays, it might be a cringe part of my history but I don't think i would value my sats as much if i didn't hit my head hard enough

never. but shitcoins werent really a thing when i started. i wonder if i started later i would be a "shitcoiner"

I was but never again

before proof of stake, I had a 33.333 to 66.666 ratio of eth to BTC. Now it's all BTC.

I'm messin' around with TON