The Man Who Put Everything He Owns Into Bitcoin | Moving Upstream

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  • čas přidán 31. 10. 2018
  • Last year, Didi Taihuttu sold almost everything he owned, poured it into bitcoin and moved his family into a trailer park. In this episode of Moving Upstream, WSJ’s Thomas Di Fonzo goes on a year-long journey with the “Bitcoin Family” as they bet everything on a decentralized cryptocurrency future.
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Komentáře • 1,6K

  • @momentkeeperzphoto4717
    @momentkeeperzphoto4717 Před 3 lety +20

    In other words, He left the Matrix to serve a purpose and to live every moment possible appreciating his loved one's. His father was a reminder of a life he didn't want to repeat. What an inspiration!

  • @luyzo
    @luyzo Před 5 lety +43

    He is ready for whats coming. Clearly ahead of the curve. 💪💪💪

    • @gregmitchell8835
      @gregmitchell8835 Před 3 lety

      Are you willing to invest on bitcoin ?

    • @jjettaz3
      @jjettaz3 Před 3 lety

      @@gregmitchell8835 I’d hope you’re invested Greg. Especially since Bitcoin has skyrocketed to 57k since you commented! Godspeed to those who are! Lift off to 100k 🚀

  • @digitalbread4574
    @digitalbread4574 Před 5 lety +933

    I loved when he said , "Normal Schools prepares kids for the past, we prepare our kids for a decentralized future". ✌️

    • @girishks1296
      @girishks1296 Před 5 lety +20

      The kids are insured to be a multi milliner's...

    • @MrHarumakiSensei
      @MrHarumakiSensei Před 5 lety +49

      When he said that, I realized that almost every skill I've used to earn money I mostly learned AFTER school. That's probably only gonna be more true in the future as technology changes even faster.
      I'll credit early elementary school for some of the basics, but that's about it.

    • @thegombie
      @thegombie Před 5 lety +34

      Hes right. If you teach kids business, social, home skills and technological skills (he ran a software teaching company), problem solving and objective thinking. That's all you need. It's so easy to learn new things with the internet. And in the new age to be rich is to be independent, not work for others.

    • @sitlyfeniase3742
      @sitlyfeniase3742 Před 5 lety +3

      but i suggest people still get pass through highschool though

    • @whathappenswhen4767
      @whathappenswhen4767 Před 5 lety +6

      CaliCoins 28, thats actually stupid. if you teach kids about the past, they will be better prepared from making the same mistakes of the past.

  • @samuelpezzetta7084
    @samuelpezzetta7084 Před 5 lety +666

    He is a lucky man for having such a supportive family.

    • @bajanetho
      @bajanetho Před 5 lety +1

      Samuel Pezzetta imagine all the supportive families about to lose their kids because WSJ took 27 thousand from St.Judes

    • @whatsupbudbud
      @whatsupbudbud Před 5 lety +5

      Haha, when he said that he doesn't have an endgame, his wife crossed her hands which is a textbook indicator of disagreement. If he teaches his kids skills which they will be able to use to acquire capital and increase their wealth, the family will stay together and live happy ever after. If he won't, that will change.
      In either case, I'm really happy for him as I've wanted to leave the standard way of life for a long time but it seems that I have to wait many years more to secure funding for that. Make the dream happen, Didi!

    • @JackSuperFly
      @JackSuperFly Před 5 lety

      They are right about the education system. It teaches you nothing about adapting for the changes that can happen in the future. The matter of fact is, the monetary system can be managed by technology better than by a single entity that can print money. Decentralize a lot of the important aspects of life and you become free. You are more relaxed in life and are able to achieve what you would want to achieve.

    • @keithwisdom1663
      @keithwisdom1663 Před 5 lety +5

      I think his wife was forced to do it or leave. it was his idea and he seems to be an alpha man so she is in it regardless. she seems a little bit unhappy and concern. and the kids are so happy because they don't have to go to school any more.

    • @keithwisdom1663
      @keithwisdom1663 Před 5 lety +2

      @@kmurph512 I'm all from him - I'm heavy invested in bitcoin and I have about a 60% unrealized loss- but I'm single with no kids and no obligations. but I can not support a man with a family and kids doing this regardless. I totally agree with the downsizing and home schooling. first he could of taken a reasonable amount of gains occasionally thru out the investment period so in the event of things not working out fast enough he would be able to easily sustain all of his family needs including the full emotional needs of his WIFE and an inheritance for his children. If Bitcoin is going to hit 250,000 why do you need to try to put every single dollar you have into it. makes no sense at all. if it's going to the moon what the difference between gaining 500 million instead of 1 billion dollars? You can always make money but you don't get LIFE back that was full of years worrying especially as an adult (his father passing/mine as well). and it's clear this was not his spouse's plan or idea.

  • @TheGmanfresh
    @TheGmanfresh Před 5 lety +58

    Title should be: person who switched to minimalist lifestyle invests in bitcoin

  • @Canadian_Eh_I
    @Canadian_Eh_I Před 5 lety +33

    This is actually quite beautiful. He has found real freedom

  • @aluckyshot
    @aluckyshot Před 5 lety +35

    So he is basically still up as of this moment. Good for him.

  • @thriftforfreedom
    @thriftforfreedom Před 5 lety +31

    Yeah, Bitcoin is dead said way too many people 7 months ago. Oops! Looks like it is closing in on 12K again!

    • @davidbinkowski4825
      @davidbinkowski4825 Před 5 lety +5

      Bitcoin "dies" every 4 years. Then I buy it again. Sell it when you hear people whispering on the phone to their wives about it. Or when the shoe shine boy tells you its the best thing ever and you gotta get into it..

    • @davidbinkowski4825
      @davidbinkowski4825 Před 5 lety

      Crocodile tooth correction in bull rally? Or C-wave correction to new low? I'm about 65% for the former... 35% the latter.

    • @matthewlipton2998
      @matthewlipton2998 Před 5 lety

      @@davidbinkowski4825 I'm about 20% for the former and 80% for the latter at this point.

    • @davidbinkowski4825
      @davidbinkowski4825 Před 5 lety

      @@matthewlipton2998 I'm surprised. So you're seeing a new low to be made under 3,000 ?

    • @gregmitchell8835
      @gregmitchell8835 Před 3 lety

      Are you willing to invest on bitcoin ?
      Bitcoin has been a good investment for rest of this year and going to be forever

  • @chessmusictheory4644
    @chessmusictheory4644 Před 5 lety +117

    This man is clearly winning.

    • @pokiblue5870
      @pokiblue5870 Před 5 lety +1

      @@johndillinger1918 Theres alot more ppl in the bitcoin game now. In 2020 theres a chance it will go beyond 50k or even 100k.

    • @shaunsutton2835
      @shaunsutton2835 Před 5 lety

      Didi I is so much smarter than the average slave and will reap to benefits in the long run with this amazing technology that will change the world!

    • @necrisro
      @necrisro Před 5 lety

      Right now ? Yep... i mean if you live a minimalist lifestyle you don't really have to work with 1mil invested in bitcoin, even in stock market if you know what you're doing.

    • @herbertthenormal104
      @herbertthenormal104 Před 5 lety +1

      $13000 this is just the begin

    • @missionpupa
      @missionpupa Před 5 lety

      This guy is about to be a Genius in a few years.

  • @dmanakell
    @dmanakell Před 5 lety +327

    asking someone how many bitcoins they hve is like asking how much money they have in their bank account. Very few would be comfortable answering that question.

    • @saikou1490
      @saikou1490 Před 5 lety +27

      yup its like asking to get robbed

    • @wodanymir6932
      @wodanymir6932 Před 5 lety +4

      And why does this FAKE news media care?

    • @stephenoneill2844
      @stephenoneill2844 Před 5 lety +10

      I have only 57% of a bitcoin.

    • @BakedBeanieSigel
      @BakedBeanieSigel Před 5 lety +10

      @@stephenoneill2844 There is a guy I know sells bitcoins for like $20, I have a bag full of them, i just cant figure out how to turn them into internet.

    • @saveonthe1
      @saveonthe1 Před 5 lety +4

      I have 7.6 Billion Bitcoins I will never sell them. When each Bitcoin is worth 5 million I will sell.

  • @llaregubjinks5080
    @llaregubjinks5080 Před 5 lety +39

    For me, he is thinking outside the box, and his life is decentralized, exactly what crypto was invented for.

  • @davelui3076
    @davelui3076 Před 5 lety +130

    up, down... who cares. this man is free and in charge of his days... amazing.

    • @EvLSkillz
      @EvLSkillz Před 5 lety +2

      best comment here. :)
      kudos to you.

    • @JasonChowTV
      @JasonChowTV Před 5 lety +1

      how to be in charge of his days when it dropped from 20k to 3k? he can't even afford petrol now for his rv

    • @DeppTDi
      @DeppTDi Před 5 lety +2

      yes how amazing being responsible for 3 kids and not even taking them to school and "branding" them as bitcoin family living in a trailer.

    • @KomunitasBelajarForex
      @KomunitasBelajarForex Před 3 lety +1

      now what guys? lol

    • @davelui3076
      @davelui3076 Před 3 lety

      @@JasonChowTV lol

  • @basilg5523
    @basilg5523 Před 4 lety +8

    these videos have aged well and are going to continue aging even better...

  • @jackjune156
    @jackjune156 Před 5 lety +39

    I would love to hear the names of the "bitcoin experts" they say that the value won't increase much in the next few years. I just like to keep data like that for future reference.

  • @RupluttajaGames
    @RupluttajaGames Před 5 lety +257

    I mean, he bought btc at $1k. Pretty sure he is doing very well for himself now.

    • @Fizzle2Fizzle
      @Fizzle2Fizzle Před 5 lety +8

      yeah with the amount of btc forks that has happened pretty sure he's ok

    • @heyhandsome8079
      @heyhandsome8079 Před 5 lety +6

      Nope he only has $291k left. 500k/12 X 7 = 291k

    • @MeZzZzZzZzZzZzZzZzZ
      @MeZzZzZzZzZzZzZzZzZ Před 5 lety +20

      @@heyhandsome8079 500k wasn't total it's just what he lost from the high.

    • @heyhandsome8079
      @heyhandsome8079 Před 5 lety +6

      @@MeZzZzZzZzZzZzZzZzZSorry, my calculation was a little wrong. But what im suggesting is that what he has left is very little in the ball park of $300k. If 500k represent a loss of 60% then what is the remaining 40%.

    • @ceilinger
      @ceilinger Před 5 lety +10

      @@heyhandsome8079 if he sold his house which was worth at least 250.000 he got approx. 250btc x 19 = 4.7m - 60% = 1.9million.
      Long story short: HE IS JUST DOING FINE! :)

  • @Marks_Piano
    @Marks_Piano Před 5 lety +23

    I hope he still owns his bitcoin today :)

    • @lilabass
      @lilabass Před 3 lety +4

      he does and u should do too... just a friendly reminder

    • @devild4907
      @devild4907 Před 3 lety

      Togethurrrrrrrr

    • @100Jim
      @100Jim Před 3 lety +3

      Yes he has a channel called the bitcoin family

    • @theskunk
      @theskunk Před 3 lety

      He has a channel - the bitcoin family ;)

    • @hodlcro4dlife661
      @hodlcro4dlife661 Před 2 lety

      He actually has cold wallets of bitcoin in I believe 9 different country's at secret locations of course. Dudes set for Life and his kids and there kids too and the dog lol

  • @BashirTVRadio
    @BashirTVRadio Před 5 lety +9

    Today, he is enjoying his day. June 25th 2019

  • @OskarBravo
    @OskarBravo Před 5 lety +326

    This man will have the last laugh.

    • @JasonChowTV
      @JasonChowTV Před 5 lety +22

      yup its 3k now. definitely laughing while sleeping under the bridge and sell his daughter to the strip club

    • @SkynetTeamDREADWING
      @SkynetTeamDREADWING Před 5 lety +3

      or the worst cry

    • @r.j.8805
      @r.j.8805 Před 5 lety +27

      @@JasonChowTV haha you will see dude! Believe me this men knows what he's doing 😉

    • @titok.7475
      @titok.7475 Před 5 lety +5

      @@r.j.8805 lol... he doesnt understand how this scam works and who was behind globally... and he doesnt understand a thing about market psychology and money managment...

    • @titok.7475
      @titok.7475 Před 5 lety

      @shmadz problem was at the times when those drops happen not many people were involved... its a well planned scam...

  • @iMmunashe
    @iMmunashe Před 2 lety +3

    I respect this guy for having the courage to stand firm in his convictions regardless of whether the market is up or down.

  • @bitcoinfeenontop70
    @bitcoinfeenontop70 Před 5 lety +18

    People who don't buy Bitcoin now will be saying at a 100k Bitcoin, "Dam I remember the 20k Bitcoin."

    • @dancer1
      @dancer1 Před 4 lety +1

      Hormel this comment didn’t age well

    • @SupaDay10
      @SupaDay10 Před 4 lety

      @@dancer1 lol. have mercy on him

    • @kw9801
      @kw9801 Před 4 lety +1

      Just hodl and wait :)

    • @shawnliu4475
      @shawnliu4475 Před 3 lety

      45k in feb....😁😁😁

    • @kasmstamps1897
      @kasmstamps1897 Před 14 dny

      ​@@dancer1
      June2024 BTC in Oz 100k. And I hope to buy next month just one.

  • @johnny3583
    @johnny3583 Před 5 lety +226

    The strategy is simple, guys: buy high, sell low.

  • @NamrataSardar
    @NamrataSardar Před 4 lety +28

    He's my inspiration. Look at WSJ constantly trying to make him look like a crackpot ... while those who gamble everything on the stock market are normal. Lol. Bitcoin isnt going anywhere. It's the money of our future.

    • @mcash473
      @mcash473 Před 3 lety

      W...H...A...T...S...A...P...P
      +...1...4...0,,,5...4,,,0...0,,,2...2,,,2...8

  • @hdidhdobuios3753
    @hdidhdobuios3753 Před 5 lety +487

    People LOVE to watch other people fail.
    This guy may seem nuts....but in 3-5 years if he sticks to his guns, it will be worth it.

    • @TheNightKiing
      @TheNightKiing Před 5 lety +22

      fcukin' 100%

    • @miketrav
      @miketrav Před 5 lety +58

      He bought most of his bitcoin at $1000 it’s now almost $7000 I’d say he won.

    • @alter3go411
      @alter3go411 Před 5 lety +37

      I only like to see assholes fail. This guy seems pretty decent.

    • @bryana2320
      @bryana2320 Před 5 lety +17

      He is still a winner in my books

    • @RupluttajaGames
      @RupluttajaGames Před 5 lety +7

      @@alter3go411 I have an issue with how he is depriving his children of basic education. Other than that, seem like a nice guy.

  • @MMCryptoTube
    @MMCryptoTube Před 4 lety +2

    Today the Bitcoin price is already much higher then at the time of publishing.
    The economy & financial markets crumble and Bitcoin grows. Well played, Didi 🧡

  • @alexbaby5953
    @alexbaby5953 Před 5 lety +6

    He is sticking to his decision irrespective of what's happening in the short-term. I respect that.

    • @tbone5654
      @tbone5654 Před 5 lety +1

      You respect a man that gambles with his family's future in the name of greed?

    • @Ruud1911
      @Ruud1911 Před 2 lety

      @@tbone5654 Yes big gamble, now he has 40 million dollars.

    • @sekokhan5307
      @sekokhan5307 Před 10 měsíci

      @@Ruud1911not if he doesn’t sell crypto is crashing

  • @indigolady6093
    @indigolady6093 Před 3 lety +6

    He is sitting pretty now. Hope he kept everything in there.

  • @boonyboy
    @boonyboy Před 3 lety +4

    Latest update is to search for Bitcoin family on you tube. Brilliant updates and im well jealous of him and his families choices

    • @finalstand3037
      @finalstand3037 Před 3 lety

      Thanks for sharing your comments
      People are making huge earnings through Bitcoin, Feel free to write Douglas Hakes, to help you make more Earnings on Bitcoin
      His strategies are top notch 🇱🇷....

    • @finalstand3037
      @finalstand3037 Před 3 lety

      + 1 ( 2 0 8 ) 3 9 1 - 4 2 2 4

  • @cidsapient7154
    @cidsapient7154 Před 5 lety +47

    lol this guy doesnt need to sell any
    think about this... dude had a business and a home he sold those for btc at $1000
    say he cashed out his business for something small like $200k and only got $100k for his home but put it all into btc
    thats over 300 btc he owns right now all worth over 6x more than he paid, dude is prolly a secret millionaire

    • @blockchain-tv9496
      @blockchain-tv9496 Před 5 lety +7

      Exactly! and he's living the life he desires.

    • @aimeetiscione3701
      @aimeetiscione3701 Před 5 lety +3

      Didnt you hear him say "Ballpark figure...we lost $500K".....

    • @cidsapient7154
      @cidsapient7154 Před 5 lety +1

      @@aimeetiscione3701 since the bear market started he lost 500k

    • @farzana6676
      @farzana6676 Před 5 lety

      @@cidsapient7154 That means he only had a million or a million 5 at the top.
      Now he has about 800k.

    • @s.a.9503
      @s.a.9503 Před 5 lety

      @@aimeetiscione3701 more like unrealised gains that turned into losses

  • @hunterhenryk
    @hunterhenryk Před 5 lety +178

    He bought in at $1k. It's still at $6k. That's 6x his buy-in.

    • @digitalbread4574
      @digitalbread4574 Před 5 lety +17

      Exactly I was thinking the same thing. They are actually doing pretty well.

    • @MT-fq1rb
      @MT-fq1rb Před 5 lety +24

      average price is higher. he continued to increase his investment as it rose

    • @eheshsgs1064
      @eheshsgs1064 Před 5 lety +4

      no he bought also at 300 dollars several bitcoins. he said this on a dutch program on tv

    • @johnny3583
      @johnny3583 Před 5 lety +9

      He bought some when it was cheap, but he went all in at the very top. So, he's underwater right now.

    • @vuongtran9992
      @vuongtran9992 Před 5 lety +2

      @@johnny3583 i don't think he is underwater, if he say he could buy a new house or a new lamborghini

  • @tosanesoko726
    @tosanesoko726 Před 5 lety +19

    This man is going to be millionaire years from now!

    • @Doggowoofenbark
      @Doggowoofenbark Před 5 lety

      Not years

    • @mike814031
      @mike814031 Před 4 lety

      Ya right, it must be so fun living in a small trailer with a family of 5 but ya good idea

    • @boonyboy
      @boonyboy Před 3 lety

      @@mike814031 He's certainly not living in a trailer now if you follow him on bitcoin family

  • @Bobby8270
    @Bobby8270 Před 5 lety +9

    Today. May 30th 2019 it’s back up again to 9k. An all year high. Things are looking positive.

    • @ScorpionXII
      @ScorpionXII Před 5 lety +1

      Things have been looking positive when the prices as 4k as well, those of us who have been trading in Bitcoin since near the beginning know that Bitcoin has always gone through capitulation cycles about every 2 years. Once we top out at an all time high, there's a large price dump, then the media claims Bitcoin is dead, then the prices surges to a record shattering high again, each cycle ends with an all time high about 15 times higher than the previous high, the next high (which we will hit around 2022) will be at about $300,000.

    • @Aganoify
      @Aganoify Před 5 lety

      It always will be positive if poeple understand the way it works ✌🏾

  • @biglance
    @biglance Před 5 lety +10

    When it hits a million $, he will be the last one laughing.

  • @HKberg
    @HKberg Před 5 lety +4

    Cmon tell the whole story...Firstly: he's 80% HODLing and 20% trading, Secondly he started investing in BTC already in 2010, Thirdly they teaches their kids themselves, Fourthly BTC is more than just a currency, Fifthly, its gonna be HUGE

  • @nimohobbs9827
    @nimohobbs9827 Před 5 lety +14

    Gotta love this guy..

  • @adamsanders9565
    @adamsanders9565 Před 4 lety +2

    The journalist misses the point. The man doesn't need an exit plan or end game, he is just LIVING. Something the journalist is obviously unable to comprehend due to his reliance on a 9 to 5 routine. As the saying goes 'Get a job, go to work, get married, have children, follow fashion, act normal, walk on the pavement, watch TV, obey the law, and save for your old age. Now, repeat after me: you are free'.

  • @soulseeker1651
    @soulseeker1651 Před 5 lety +15

    As soon as everyone started talking about bitcoin, I sold. When hipsters in cafes urge you to download coinbase and buy, that's when you know it's over.

  • @Whoa532
    @Whoa532 Před 5 lety +8

    May 27, 2019 Bitcoin is heading back up from $3,300.00 to $8,900.00 usd

  • @davidraborn3654
    @davidraborn3654 Před 5 lety +5

    2019 June 23, I hope he save some up. We just hit 11000, consolidated to 10700. Bet he's feeling better now. Best wishes for this Family.

  • @bene88597
    @bene88597 Před 5 lety +8

    yeah I am Happy for him that BTC is surging

  • @vgandvrg1313
    @vgandvrg1313 Před 5 lety +273

    Interview him again when BTC reaches $100,000.

  • @tja2k9
    @tja2k9 Před 5 lety +53

    It’s good to see it’s not all about the money ,it is also about freedom. Long live Btc

    • @Kneecap22
      @Kneecap22 Před 5 lety +3

      I think it's about the money.

    • @antonyelten7394
      @antonyelten7394 Před 5 lety +2

      Lol if any cryptocurrency was only about freedom, it would be originally made to trade at a certain price compared to fiat for its whole life (I.e. 1 btc=1000 USD) without the chance for movement. This is the only way it will become popular as such a tool.

    • @dgh25
      @dgh25 Před 5 lety +1

      That is 50% of the concept!

    • @tsietsieric8020
      @tsietsieric8020 Před 5 lety

      long live.

    • @sekokhan5307
      @sekokhan5307 Před 10 měsíci

      Money = freedom if didnt cash out hea fked

  • @sorayadevries5314
    @sorayadevries5314 Před 4 lety +3

    "Normal schools prepares kids for the past, but we prepare our kids for a decentralized future!" Thumbs up ...

  • @samt1532
    @samt1532 Před 5 lety +5

    I would like to see a vid about him in December 19 and 20. I bet things will be very different

  • @hanbulban3131
    @hanbulban3131 Před 5 lety +10

    Don’t believe this man he definitely cashed out atleast partly at the top. He is holidaying around the world with his family no chance he is doing on that on homeless money

  • @newmanlord4052
    @newmanlord4052 Před 5 lety +5

    Sad to hear about his father. Good luck son!

  • @su1eman282
    @su1eman282 Před 5 lety +3

    Who noticed 4:34 Didi showing the guy the wall st bubble chart on his laptop 😂😂😂😂

  • @robertdavis9986
    @robertdavis9986 Před 5 lety +1

    What an amazing story of courage, dedication, wisdom, and family commitment. Brave New World...kudos to them.

  • @Nautilus1972
    @Nautilus1972 Před 9 měsíci +1

    BTC hit almost 70k. You can be sure he offloaded some and then re-invested at 18k. That’s pure genius. He escaped slavery. He’s my hero.

  • @ItzJackYe
    @ItzJackYe Před 5 lety +4

    some quick math he said lost 60% and he also stated that he lost 500k if you divide 500k by 6 and multiply by 100 and divide by 19k he has around 43/44 btc which is worth 250k usd today

  • @TampaTec
    @TampaTec Před 5 lety +34

    9:40 the way she crosses her arms, moves back and gives him the look. 🤨

    • @gappuma7883
      @gappuma7883 Před 5 lety +6

      Tampatec noticed that too. You can tell doubt is building up in her. Like ”seriously you have no plan???”

    • @CKevni
      @CKevni Před 5 lety +6

      The old "i'm keeping my options open" look...

    • @Itwasme007
      @Itwasme007 Před 5 lety +6

      Guarantee divorced is coming for this man, he better keep enjoying what he can for the time being.

    • @devild4907
      @devild4907 Před 3 lety +3

      @@Itwasme007 still think so?

  • @denizorsel1029
    @denizorsel1029 Před 4 lety +1

    His aim was to change his life and he has done it. What a beautiful family he has. I sincerely hope they are doing ok during the corona times. Much love from Amsterdam!

  • @universalscientist3196
    @universalscientist3196 Před 5 lety +2

    I love everything about this guy.👍

  • @UfoAlien8
    @UfoAlien8 Před 5 lety +9

    ONE THING THEY DO RITE DON'T SEND THAM TO SCHOOL WASTING TIME.

    • @ozzyguy6792
      @ozzyguy6792 Před 5 lety

      Yep...shoor werked gud for youse...

  • @iamCoachEddie
    @iamCoachEddie Před 5 lety +3

    Didi is an inspiration. What a sensible and courageous family. I love this story and hope to be where he is soon!!! Bitcoin broke 10k and will be 20+k in a few weeks!!!!!!

  •  Před 5 lety +1

    The only analogy that comes to mind is selling all of your stuff, flying to Vegas, and putting everything on 00 at roulette.

  • @workwithnature
    @workwithnature Před 5 lety

    Market cycles are everywhere. The lows are your friends because that is when you buy, providing you know what you are buying is worth it! These currencies are ten years old now and have gone up and down like every other market. The good news is they go up fast and go down fast...

  • @litt5211
    @litt5211 Před 5 lety +30

    The fact that you're still talking about a bubble tells me alot.

    • @steelyspielbergo
      @steelyspielbergo Před 5 lety

      it was a bubble, that burst...now it's dead

    • @appleindustry
      @appleindustry Před 5 lety +15

      @@steelyspielbergo low IQ

    • @mrantihippie
      @mrantihippie Před 5 lety +2

      @@steelyspielbergo bitcoin historically pulls a 10x after the 1/2 cut to the mining rewards.. Checking previous cycles and comparing the dates of the halvening will do you some good.
      The big boys play on this.

    • @mrantihippie
      @mrantihippie Před 5 lety

      @@steelyspielbergo 2012, 2016 and soon to be 2020 paired with elections. Gonna be lit fam.

    • @sethseth8041
      @sethseth8041 Před 5 lety

      mike spence still think that? Check the price for 1 bitcoin at this current time.

  • @NineEightSeven
    @NineEightSeven Před 5 lety +12

    In the end he will have the last laugh.

    • @Ruud1911
      @Ruud1911 Před 2 lety +1

      and 40 million dollars today

  • @Sterzy08
    @Sterzy08 Před rokem +1

    This is amazing and educative. I hope you make a video about Grizzlyfi soon

  • @80amnesia
    @80amnesia Před 5 lety +6

    Total respect to this guy and his family. His choice is reckless, if he fails he'll be remembered as a fool but if he succeeds people will praise him as a genius. I think that the odds are in his favour, crypto will change the world.

  • @ivantheterrible2109
    @ivantheterrible2109 Před 5 lety +3

    Keep Holding bro we almost there!

  • @royreyes8422
    @royreyes8422 Před 5 lety +3

    spot 5200 lift off ... great video .... see you at the top again folks.

  • @XRP747E
    @XRP747E Před 5 lety

    Thank you Carl. Interesting as usual. Rainy and cold outside my place...

  • @MeZzZzZzZzZzZzZzZzZ
    @MeZzZzZzZzZzZzZzZzZ Před 5 lety +37

    You know what's an even bigger bubble? The US dollar..keep quantitative easing, see if you don't end up like Zimbabwe.

    • @TagS883
      @TagS883 Před 5 lety +2

      @BeGood 2Me Thats not the case. QE is not another word for hyperinflation. QE is that the government print more money to buy up stocks people even would not touch with a pole. Those money never get into circulation with the other fiat currencies thats in the market. Its just that the goverment hold more stocks. The problem is that QE is making a market bubble like bitcoin. QE will decrease in the future, and interest rate goes higher that will make the market bubble pop. Another reason to store your wealth in crypto currencies in the future..

    • @massimo3769
      @massimo3769 Před 5 lety

      @@TagS883 if i buy a stock for 100 and it goes to 130 cos the government is pumping the market, i cash out and i get a profit, and it's in my pocket at that point. One way or the other that money will enter into circulation, it just takes a bit longer

    • @TagS883
      @TagS883 Před 5 lety

      @@croatiangambler8059 money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

    • @ZZZ333
      @ZZZ333 Před 5 lety

      too big to fail mate

    • @Cosmo_P0litan
      @Cosmo_P0litan Před 5 lety +1

      @BeGood 2Me You should learn about the M1, M2, M3 money supply. The finances propping up the economy are well-hidden in assets you wouldn't know about. Tage S already surmised it quite well. For more information, check out Mike Maloney on CZcams.

  • @dilipkumarpatel8313
    @dilipkumarpatel8313 Před 5 lety +4

    Apparently when the presenter pressured didi to come clean as to how much he had in btc. He said he lost $500k and said his portfolio was down 60%. That means, his total investment was around $833k. Because $500k = 60% of $833k. Therefore, his portfolio at time of interview was worth roughly $333k. After cross checking, $333k /$833=40%. I think his poertfolio has since dropped further.

    • @Ruud1911
      @Ruud1911 Před 2 lety +1

      Bitcoins today is 50.000 dollars, so how much does he have today?

  • @giokechakmadze3677
    @giokechakmadze3677 Před 5 lety +19

    Price will start skyrocket in 2019

  • @nic_4849
    @nic_4849 Před 5 lety

    Good on both didi and the producers for highlighting that he feels that he is still accomplishing his goal (even if viewer may feel otherwise). I loved his response and perspective in that he wanted to change, he achieved it daily, and is grateful that the accomplished and reality are copacetic. Bless up.

  • @whale7515
    @whale7515 Před 5 lety +1

    Do you have any other ending game in mind? "Yes, a bridge".. LOL

  • @hiapom9590
    @hiapom9590 Před 5 lety +3

    20% of my liquid assets in crypto myself. But also zero debt, homes paid off, cars paid off, college for 2 kids funded. Can't imagine gambling any of that on any 'potential rocket.' Hopefully he has passive income sources and isn't just waiting for his portfolio gains.

  • @michaelweichhardt
    @michaelweichhardt Před 5 lety +27

    Bitcoin is going down like crazy and that's the end of the year - with under 3k. He prepared already to be homeless so that's what he will be stuck with at February 2019.

    • @HybridGlobalCitizen
      @HybridGlobalCitizen Před 5 lety

      HAHAHAHA love his flip flops and Kimono but aside from 20-20 unkind hindsight ... my laughter that is :) A Big HELLO and question ... something to really think about??? besides all the miners shutting down 100% if BTC dips below $2K ??!! A QUESTION on Crypto Market Cap. IF Bitcoin goes to

    • @pepelapiu2004
      @pepelapiu2004 Před 5 lety +6

      I first got involved in bitcoin in 2009 when nobody knew about it. At that time it was worth only around 0.1 cent each. You could buy 10 bitcoins with a single penny.
      It gradually increase year after year to around 1000$ in early 2017.
      So far we did it all without any advertising, media mention, or marketing strategy. Just a bunch of computer nerds and libertarians who want to challenge the status quo and poke the powers that shouldn't be in the eye.
      Than suddenly something very weird started to happen: the media started to talk about Bitcoin ad nauseum. That brought Bitcoin out of the closet, but it also invited countless wanna be speculator and kewl high school kid into Bitcoin. They all wanted to buy it without understanding what Bitcoin is. They all think it's some sort of speculative asset, an investment vehicle... it's not.
      The media is responsible for the bitcoin bubble and roller coaster of 2017.
      Bitcoin is now worth about 3500$, or almost 4x what it was worth before the crazy media bubble started out.
      And you think Bitcoin is down?
      We are only shaking off all the wannabe speculators who bought into bitcoin without understanding it.
      I think Bitcoin will remain at current levels, or even drop a little for the rest of 2019. Than it might take off again.

    • @pepelapiu2004
      @pepelapiu2004 Před 5 lety +5

      @@HybridGlobalCitizen
      Bitcoin was at 1000$ in early 2017. And there was plenty of miners involved. Why would you think that miners will all quit if it gets below 2000$?
      The only ones quitting now are the ones who started mining during the 2017 hype.
      For the record, if every single Bitcoin miners where to shut down tomorrow, I could mine Bitcoin on my laptop. Yes, my little laptop could validate all of the transactions of the entire world. And I would reap insane profits too. But that's not going to happen.

    • @pepelapiu2004
      @pepelapiu2004 Před 5 lety +1

      @@HybridGlobalCitizen I was mining when Bitcoin was barely worth 10 coins per penny. Plenty of people were mining when it was worth 1000$ per coin.
      What on earth makes you think every miner will quit if it gets below 2000$?
      If every miner turns off his ASICs tomorrow I could mine Bitcoin on my laptop and earn 24,000$ every 10 minutes. (12 coin per 10 minutes x 2000$).
      So your fears are not based in reality.

    • @samopap3000
      @samopap3000 Před 5 lety +3

      pepelapiu2004 Yep, Bitcoin did take off to over 5k lol

  • @bitcoin2809
    @bitcoin2809 Před 2 lety +1

    Great guy! This Didi. example for many people if you ask me. He didnt risk, he did his research well and decided upon that. Seems he was right when looking back to 2018 from 2022 XD

  • @Goeloe
    @Goeloe Před 5 lety +1

    This dude has money hes just trying not to be loud Which is what everyone should do.

  • @cristoux
    @cristoux Před 5 lety +57

    It is a gamble but he has low-income state subsidy as a backup. In Europe you can become rich, but you'll never go hungry.

    • @SmartRobot-wc2fb
      @SmartRobot-wc2fb Před 5 lety +4

      Cristóbal Auladell: LOL...Hating the "american dream"?! It seems people are finally waking up in America...

    • @whatsupbudbud
      @whatsupbudbud Před 5 lety +13

      Don't glorify Europe. We have a lot of problems (and I've visited many countries where the locals were all to happy to show the cracks). Really, we are living in a global economy which sucks for many but increasingly it seems that Americans are going to pay the price for being so deep in debt. Don't worry, we're next.

    • @SmartRobot-wc2fb
      @SmartRobot-wc2fb Před 5 lety +3

      @@whatsupbudbud I wouldn't trade Europe's social system for the american one...sorry...

    • @whatsupbudbud
      @whatsupbudbud Před 5 lety

      @@SmartRobot-wc2fb Japan has had the best social system in the world but cannot cope with the decreasing number of young workers. This is happening in Europe as well. And it doesn't matter if you have nation-wide government insurance scheme like in Japan or go private as it's all invested in funds that can and do go down. Just this October tech stocks fell and many people in my country complained that their pension fund portfolios lost value. When the US stock market crashes, NO pensioner in Europe is safe. That's global economy for you!

    • @SmartRobot-wc2fb
      @SmartRobot-wc2fb Před 5 lety

      @Nug U In a way yes...maybe...China is the one feeding the world for more than 10 years now...they are the REAL economy...the USA is ESPECULATIVE economy...for the most part...that's why so many people keep saying cryptocurrencies don't stand for the future...

  • @Justreaper2012
    @Justreaper2012 Před 5 lety +8

    don't underestimate one thing: the power of branding! not necessarily bitcoin, but branding

  • @AR-ol4yf
    @AR-ol4yf Před 4 lety +1

    Respect, he simply change his life from a Machine to a Human. So he lives, while other people works for the Goal of others...like Machines.

  • @maxlamps
    @maxlamps Před 3 lety +1

    Perfect timi9ing today from Moon man. Found yaa. Respect my brother.

  • @jackpeppers4497
    @jackpeppers4497 Před 5 lety +3

    Can't wait until one Satoshi is the equivalent to one penny (for all the skeptics that want to know what we will compare with).

  • @arsa4fun
    @arsa4fun Před 5 lety +5

    Never put your investments in one basket.

  • @ZacsMoneyFAQs
    @ZacsMoneyFAQs Před 11 měsíci +1

    I remember when I first heard this story I thought this guy was crazy. Now I wish I would've believed him sooner.

  • @vincent9986
    @vincent9986 Před 5 lety +1

    much respect.

  • @amandamate9117
    @amandamate9117 Před 5 lety +72

    7:56 well he said he lost more than 60% and later said he lost 500k, so his fortune is just something around a million bucks in bitcoin

    • @xenoaltrax485
      @xenoaltrax485 Před 5 lety +6

      Yep, and if that 1 mil was based on the ath price of btc then he probably holds somewhere around 50 btc coins.

    • @atothezeezee
      @atothezeezee Před 5 lety +4

      Hope he doesn't get hacked.

    • @atothezeezee
      @atothezeezee Před 5 lety +11

      9:06 I get the feeling mom wants the kids back in school. This is his dream, not theirs...

    • @litt5211
      @litt5211 Před 5 lety +2

      ..."Just" . 😂

    • @vuongtran9992
      @vuongtran9992 Před 5 lety +7

      @@atothezeezee if he keeps his btc just on a cold storage wallet he is safe

  • @Albanez39
    @Albanez39 Před 5 lety +9

    This man is a legend! I totally started to worship him when he said that schools prepare children for the past, and he's preparing them for the decentralized future. There is not just technology and computers in life, but I am sure that he is educating his kids about the social and spiritual values too. Wish you the best man! Show the system how life should be!

    • @rachels209
      @rachels209 Před 5 lety

      Psaikodelik But when people don’t learn from the past, they are bound to make the same mistakes.

  • @MtCarmel-zy7yb
    @MtCarmel-zy7yb Před 5 lety +1

    This is one brave dude and his woman deserves a medal... where can I find a partner like that?!

  • @CharruaRegio
    @CharruaRegio Před 4 lety +2

    Why should we live like everyone else?
    We only have 1 life to live.
    This is not only about Bitcoin, it's about lifestyle change to be Free from the work hard routine we all encounter daily and never gets us anywhere but more stress.
    I left Canada to live in Mexico and happy I did 💯😍

  • @changy0989
    @changy0989 Před 5 lety +4

    Man if I did that my miss would of left lol...... oh well more bitcoin for me 🤣

  • @amandamate9117
    @amandamate9117 Před 5 lety +37

    0:47 that golddigger look she gives him

    • @ianfenwick4130
      @ianfenwick4130 Před 5 lety +4

      Miracle! Man becomes BTC millionaire AND finds love of his life all in the same month!

    • @s0lidwa
      @s0lidwa Před 5 lety

      @@zada4a A miner! :)

  • @giovannisantostasi9615
    @giovannisantostasi9615 Před 11 měsíci +1

    And there are still people that don't get it. One could do what he has done now and put everything in BTC. In 10 years from now they could retire.

  • @ryanw7256
    @ryanw7256 Před 5 lety

    I have been wanting to know for a while now what had happened to this guy and his family, thanks WSJ!

  • @jorgeherrera1074
    @jorgeherrera1074 Před 5 lety +5

    Excuse me, but if he bought MOST of his bitcoins at around $1k, he's still in 5x profitville.... why the negative press around him?

    • @kimeojin6447
      @kimeojin6447 Před 5 lety

      Except he bought a bunch at $9K.. And that means even 2 coins makes his profits almost nil. This guy is going to have a HARD time.

    • @jorgeherrera1074
      @jorgeherrera1074 Před 5 lety

      @@kimeojin6447 He'll be fine, even now that it's under 4k, if he just waits it out, it'll go back up

    • @kimeojin6447
      @kimeojin6447 Před 5 lety

      @@jorgeherrera1074 We'll see. Too early to decide whether it will go up or down. Please don't be like other people and comment with "but its gonna go up i know it" or something like that. Happy new year!

  • @concernedcitizen6577
    @concernedcitizen6577 Před 5 lety +15

    Prime example of financial illiteracy + greed + mid life crisis + mass hysteria can do to a man.

    • @CelonixCleaningServicesLLC
      @CelonixCleaningServicesLLC Před 5 lety +5

      Concerned Citizen he is living a much simpler life than most people. He has a small easy to maintain cheap house, his family seems close, he is not stuck at his previous sh*tty office job, gets to travel, and will always have a story to tell. If bitcoin hits 1 mil he will destroy everyone who ever laughed at him. I’m actually sort of jealous of his life.

    • @GamingTaylor
      @GamingTaylor Před 5 lety

      @@CelonixCleaningServicesLLC What isn't shown in the video is that he's forced his family into a life of poverty where they can barely afford to eat. Without sponsorships he has nothing and is struggling to survive.

    • @dgh25
      @dgh25 Před 5 lety

      We will see. I think you might regret that comment in a couple of years.

  • @LeTangoNoir
    @LeTangoNoir Před 5 lety +1

    Please follow-up on this story after the 2020 halving. Would be interesting to see if he finally cashes out even a small portion of it this time around, even though I suspect he's still as steadfast as ever.

  • @saikou1490
    @saikou1490 Před 5 lety +5

    i think at least the kids need an education in something..even if its homeschooling. learning skills for the future that might help them. always need to plan ahead regardless of the situation!

    • @jonnah0
      @jonnah0 Před 5 lety

      he answered that question many people didn't go to school and they can manage their lifes better than you and me trust me

    • @saikou1490
      @saikou1490 Před 5 lety

      @@jonnah0 im aware he answered that question..still seems outlandish. people have gone from rich to poor. skills are important in any situation because if you know how to make money even in difficult situations, you'll always have something to go back to and make a decent living. once he's dead, is he still going to be managing their lives? if they're dependent on him, they wont last long in the real world. trust me, knowledge is important. if he's teaching them something, then cool. but if he's just keeping them away from education in general, that's a stupid idea.

    • @bernietoast2686
      @bernietoast2686 Před 5 lety

      ecch_1000 They don’t teach skills in schools...the world is a much better teacher.

  • @adjas482
    @adjas482 Před 5 lety +8

    Every few decades it's Tulip mania all over again

    • @eKoush
      @eKoush Před 5 lety +3

      ohhhhh look, I found another of those tulip mania experts

    • @annachrissy4874
      @annachrissy4874 Před 5 lety

      Aditya Jaiswal I thought the same thing!

    • @mrantihippie
      @mrantihippie Před 5 lety

      Every bitcoin halvening. Look into it.

    • @juanh6334
      @juanh6334 Před 5 lety

      You're going to kick yourself for making dumb tulip comparison comments on CZcams instead of buying some in a few years time when it's well over 100k, lol.

    • @gilessteve
      @gilessteve Před 4 lety

      @@juanh6334 Yes, BTC and Tulip bulbs are very different things.

  • @mrfrenchfry20
    @mrfrenchfry20 Před 5 lety +17

    He's a speculator not investor.

  • @TheMartianReport
    @TheMartianReport Před 5 lety +1

    This man is a role model for anyone and everyone getting into this space. Do I agree BTC is goin to be the ultimate winner? No. But DD will still make more money in the next 5 years than anyone not in the crytpo game. Why? Because he and his wife are focused on the long term, not short term gains.

  • @altcoincollege2222
    @altcoincollege2222 Před 5 lety +2

    who where these so called "experts" that you asked about the price of Bitcoin not appreciating significantly in the near future?

  • @danltc9392
    @danltc9392 Před 5 lety +4

    Annnnd its gone. - south park

  • @forgottenautos8461
    @forgottenautos8461 Před 5 lety +4

    The only analogy that comes to mind is selling all of your stuff, flying to Vegas, and putting everything on red at roulette.

  • @tgarner100
    @tgarner100 Před 5 lety +2

    GENIUS!!!

  • @Freempg
    @Freempg Před 5 lety

    Beautiful, blessed, loving family.