RE: $1.60 Steem? My powerdown experiment may end long before planned!

You are viewing a single comment's thread from:

$1.60 Steem? My powerdown experiment may end long before planned!

in steemit •  7 years ago 

Tomorrow brings what it brings, my friend.

One reason I won't be beating my head if the price explodes and I've wasted half of it is this story:

Once upon a time in a village in far away China, a boy got a horse as a gift on his 14th birthday. All the villagers said, “Wow, that’s great.”

But the Zen master said, “We shall see.”

Some months later as the young boy rode up the hill, he fell down and broke his leg. All the villagers said, “That’s terrible.”

“We shall see,” smiled the Zen master.

A few years later all the young men in the village had to go to war. But because the young boy had bent his leg, he couldn’t go. All the villagers said, “This fellow is lucky.”

“We shall see,” replied the Zen master.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Bitcoin is thus far an exception to this story.

Steem too, is crypto.

Of course, I am not predicting anything for the price of Steem. I see a lot of people here are bullish on Steem's price and throw a random high number for it.

I Did the same ;)

I am here to post photos and because I have started to dislike Fb and Insta.

If you make a fortune I'd be very happy for you. Hope you do. Be it Here or somewhere else. :)

I see a lot of people here are bullish on Steem's price and throw a random high number for it.
I Did the same ;)

It's what we all do ;>

One day at a time; build your network; create content that people want...oh yes, photos do very well here!

Cash out now and again and enjoy something pleasant!

I'd cash out when

a) Crypto becomes legal in India

b) Cashing out is simplified

....at what price is not an issue with me ;)

oh, that's right. IIRC, they have also started pulling larger currency notes out of circulation there.

once the bankers find a stable way to squeeze out "their share", I think India will regulate BTC and allow it's use.

India is too big to pop across the border to a more convenient country everytime you want to cash out

Haha

. Yes its better to cash out in the home country, international travel is expensive ;)

By the way here is a link where our Prime Minister has invited comments on whether to legalise or not, virtual currencies in India.

https://www.mygov.in/group-issue/commentssuggestions-invited-existing-virtual-currencies-framework/

I understand the possibility for cybercriminals and terrorists to use crypto (one area I study, in fact), but governments should focus on rooting out cybercriminals and terrorists, not interfering in the private lives of their citizens ;>

Yes.. I totally agree. Bitcoin is neither legal nor illegal in India. The Coin Companies here are already asking for Identity verification to buy Bitcoin. If and when India legalizes crypto currency, it would be made mandatory to disclose identity to keep check on misuse.

Lets see.