DISCLAIMER: I am not a financial advisor. All contents on this blog are solely my own personal views and for Cryptocurrency Trading education/entertainment purposes only. Cryptocurrency Trading is very risky. Losses can exceed deposits. Enter with discretion.
At the time of writing this article, Bitcoin’s price against the US dollar is hovering within 14,300 – 14,400 range. Many renowned trading analysts are keeping their eyes on the King coin. In fact, one analyst even said recently that Bitcoin has entered another bull market cycle. A lot of Bitcoin news headlines all over the internet. So you may want to read one of them ahead and thank me later.
On December 17, 2017, almost 3 years ago, Bitcoin has reached its only all-time high at $19,783.06. A whooping and staggering price right? Even if the current trading prices of the S&P500 and Nasdaq US major indices combined, still not enough to surpass Bitcoin’s all-time highs.
Read the history of Bitcoin here:
https://en.wikipedia.org/wiki/History_of_bitcoin
What more intriguing to me is that just last January 2009 until March 2010, the Bitcoin’s price is basically nothing. By May 2010, its price was even valued at less than $0.01! Remember the man who bought a 2 mere boxes of pizza in exchange for 10,000 Bitcoins?!
Remember his story in my other article here:
I do really hope he never regretted that moment because if he held that huge amount if Bitcoins in his hands and sell at the time where the King coin reached its all-time high, he can be one of the richest men alive because of Bitcoin! And the rest of Bitcoin was history. Bitcoin is considered one of the greatest inventions in human history. Thank you so much Satoshi Nakamoto!
If we think he is insane of selling his precious Bitcoins cheaply, well I cannot or dare not to blame him for that. At that time, Bitcoin has 0 value and the fact that he made a real world purchase using his Bitcoins already satisfied him at least. No one can predict the future folks so let’s leave the poor guy in peace. What I am going to share in a few moments will make you and me madder or perhaps inspire us with his super incredible or let me say, brave story.
In case you have already read or knew about him, I will share his story again for the sake of all those have not yet.
Meet the man who sold everything for Bitcoin! His name is Didi Taihuttu and together with the 10K Bitcoin pizza guy, they became one of the famous Bitcoin celebrities in the crypto space.
In the video above, it shows that he and his family are living a minimalistic lifestyle. Is he insane? It may appear as if he is completely out of his mind but I know for sure he made the best decision in his life, at least for him. Others may think he made the biggest mistake of his life but he does not care at all! He is bold and is confident in all sides. The moment he knew about Bitcoin and the revolution it brought unto the world, he made up his mind to sell everything he had to follow his passion for it.
It may also seem that it is a high level of obsession. We can think otherwise because his loving wife and three lovely daughters support his passion! Wow! A lot of crypto enthusiasts don’t have a family like that who supports them in their journey with the cryptocurrencies. They are even dubbed as “The Bitcoin Family.”
I, myself, have so much troubles on how to explain to my family and relatives about the importance of cryptocurrencies and why I hold, trade or invest them like what I am doing now with the XRP. They find me stupid or crazy but not for the family of this guy who truly supported him.
That enough is something we crypto enthusiasts envy, right? We all wish we had a family like that! How we wish! Summon the Genie in a bottle please!
Guess what, Didi Taihuttu not only sold everything he has to buy Bitcoins, he even teach others everything he knows about it. Damn, such extreme passion! It is like he is evangelizing others for Bitcoin. The superman of Bitcoin indeed. This man deserves our thumbs up and respect. I have not seen anyone in my entire life that made this boldest decision to sell everything in exchange for a thing that others may find skeptical, full of doubts and hard to understand.
He may commit the biggest gamble of his life as well as putting his entire family at risk for a financial disaster. Who knows what fate awaits him and his family. After all our life is short and we ought to live our lives happily, right? They choose the life they wanted to be. So let them be.
There are two more things that I would like to share with you my readers, that are:
• I wonder how much Bitcoins he bought…
• And the entry price of Bitcoin when he decided to sell everything he has as an exchange. Though the year this happened was on 2017 where Bitcoin reached its all-time high. I just hope he really made the right decision and that right now, he and his family are living the lives they have truly wanted…
If we watch the video again, he did not share those numbers. He just laughed when he was asked how much Bitcoins he had bought and their value at his purchase. Even their neighbors were surprised during in an interview. For me they are crucial. Overall, it shows that he literally sold everything he has that includes all his properties to buy the Bitcoins.
The crypto world together with all the Bitcoin fanatics is definitely on his side. That is what I am sure of. He gets all the support and understanding he and his family need. That motivates him even more. He made another Bitcoin revolution yet again like what the Bitcoin pizza guy did.
To close out this article, I remind everyone that not all people are fans of the cryptocurrencies. To some it is another form of money making schemes which are bubbles just like the rest of the traditional markets. To others, it is a gimmick and a waste of time. But for us who truly understand the cryptocurrencies and for the innovations they bring into the world especially at this time of COVID- 19 pandemic, we adopt and value them. We can see and store them but cannot touch them. As long as we know their true value just like what Didi did, we really know for sure what the future lies ahead of us. There is just something in cryptocurrencies that is hard to explain.
Thanks a lot for staying with my article until the end.
God bless and stay safe always!
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