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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Ouch.
Please help this starving dog ? ? Owner was hospitalized
GoFundMe.com/nofoodforlucy
Thank you!
He will die once btc reach 1000$ -1200$ range …
The only way you can emerge from a hole of over $500k mistake like Didi made is admit that you are wrong and change your mind.
I am a derivative's trader and short bitcoin. It is likely to head to $2k then sub $1k, the original breakout point.
Bitcoin has become the greatest bubble of all time. It became the greatest short in history.
Bet hes feeling pretty dumb about now.
The future is virtual, computers, it might not be the exact dates he's talking about but it will happen, is just a matter of time.
Buy bitcoin then end up living in a shed ??
where is he now ?
what he still think ?
Good on him, Didi made a lifestyle choice not an "investment", he seems to be able to make money with his entrepreneurial spirit. Let's face it, how many people in England and Europe are living from paycheck to paycheck, the kids are failing at school and the teenagers couldn't spend more than a few hours (if that) in the same room as their parents.
Finally, we know what happened to Travolta.
People LOVE to watch other people fail But Gerald Harry wants to see everyone succeed. I Love trading with him
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 <$2000 or even < 1500 in a rapid drop and XRP-Ripple stays the same dropping just a little to say 28 to 25 cents? Guess what happens to the market Cap? it is possible that the 1st and 2nd place positions for BTC and XRP respectively could reverse and with dramatic consequences? A very good question yes???
as of 2019….how does he feel?
Shld have cashout
he has about 40 bitcoins, which means he put barely anything in early on, it's a publicity stunt
We all take chances in life he did the ultimate chance. Yikes he is like me on a different scale I bought at 125
January 2019…….what is happening?
Binnen 5 jaar ben je een rijke man bitcoin is de toekomst
If Didi managed to hold on to his BTC during this bear market, he is still more than 3X his initial investment. No worries, the man believes!
Peter Lynch is still correct. By the time invest strategies reach financial magazines and shows like cnbc its far too late. They only feed the bubble. Just think how many dummies bought worthless bitcoins based on hippies like this.
1:30 Is that imaqtpie
People in the comments are so focused on Didi loosing the opportunity to make a ton of money when Bitcoin was just under $20k. How about the fact that this man chose a HAPPY life with his family? He lost his dad and it reminded him of how precious the life is, and he decided to focus on happiness and his family. Sure, the idea of a "Bitcoin family" might seem unusual, but Didi found his purpose in life, along with his family. And sure, his daughters will probably choose something else to focus on, and his wife might start something of her own. But this is a VERY SPECIAL family with their unique goals and purpose. There aren't a regular family where adults work 9 to 5 and kids go to school 5 days a week, they are UNIQUE. Even if Bitcoin crashes tomorrow and Didi loses his entire investment, I still think it's worth it, because you can't measure happiness, family, purpose and life experience with money.
Idiot
He won't starve. He's got other income coming in from the brand he's created, he's paying zero tax, plus he could still earn a bit from trading. He's even blagged a free RV off some company. I hope his kids learn from him.
i hate the part when he says he spoke to loads of people and they said bitcoin will most likey not raise much in the future. At them moment everyone thinks bitcoin is going right back up. in my opinion, bitcoin will atleast get close to its all time high again by the end of 2019
He’s very fortunate to have supportive family. Most in this situation would end up in a nasty divorce and custody battle.
He must have trouble reading basic charts and graphs. It's not rocket science to analyze the downward stair-step trend of Bitcoin. The rest of the market in 2018 only made 1% gains… in what world could Bitcoin end at 15k to 20k?
BTC would rise to the moon when criminals can send money around the globe with no tracks
Its crazy that this guys is from my country..
HODL
Price will start skyrocket in 2019
And this is one reason why crypto currency constantly crashes is because of investors that go all in on one coin like this.
Pipe Dream investors
He was supposed to sell at 19k and put that into the stock market. What a retard if he didnt sell at 19k.
Dropped down to $3,000 today on 1-11-19 🙁
Dummy is too late in the game..bitcoin will die this year..or really the miners
I did it in 2009..mined for a month made 7 of them using my folding farm..worth 13 cents each..easy to mine with pentium 4..using 8 computers..sold them 9 months later at 28 dollars each..i quit the first month cause it cost 30 dollars of electric..for 7 bit coins worth pennies
Sad truth is it did not seem like he did much ICO stuff, therefore he kind of missed out on mega gains from ICOs. I understand that at the ICO boom, some ICOs can make x10 just within a month or so. When you invest in something, it is best you are more active with the investment. Especially when you invest everything including the future of your children. If he had done ICOs, he could have made a ton load since he got in at 1k BTC.
Math time:
He said loss 60% from ATH and that was about 500k. Therefore at ATH, his portfolio was 833k if BTC was at 20k. This equates to about 41.67 BTC.
If he bought all his BTC at 1k, that will be 41.67k investment. However, I think the interview said that he invested all the way from 1k to 9k, so instead let us take a bias average of about 3k, this is under the assumption that he had more fiat in the beginning and invested a bigger sum at the bottom than at the top. Therefore about $125k, which could seem more logical because he did say something about investing everything he had and I cannot imagine his whole net worth is only worth about $41.6k. He sold his house too, so if anyone know how much his property was, it will be great help too. I will say his investment should be around 6 digits to reflect 'everything' he had to some degree.
His investment worth today at $3800 btc = about $158.3k
He has about 41.67 btc maybe plus minus 5 btc.
I think he is still in the positive ROI. Too bad he didn't play ICO.
What he did wasn't investment, what he did was a gamble on his family's future. He may understand crypto to some degree, but he don't understand risk vs reward and financial markets. No reason to go all in.
9:45 you can see it on her face.
What a fool
Few people really understand how to be an intelligent investor and this guy is clearly not one of them. All markets swing between extreme optimism and extreme pessimism. The intelligent investor is the one who buys from pessimist and sells to optimists. Buying now compared to December has a better risk reward ratio. The formula is simple, yet very few master it.
There's so many of these loons giving "speeches" two rooms filled with a whopping crowd of 12 people and this guy didn't really change much in his life he moved to trailer community so what that's fine it's not like he moved off the grid they have the manatees there in a playground so it's really no different than where he lived before that's not radical but these idiots listening to him like he's some Guru talking about blockchain he's not even an engineer you taught idiots how to use the internet and make websites everybody thinks the self-proclaimed Bitcoin Guru is in fact a guru there just morons where is he now with Bitcoin in the toilet
The guys alone he's wearing an Italian Stallion robe
wow
The Wall Street journal… A company OWNED by the banks talking poorly of the very thing that is disrupting their institution. Who'd have thought.
You can keep on an on about the downs of decentralized currency, but that won't stop it from destroying you.
Its not just he looks like a monkey, he certainly is
He believes he will end up in Bitcoin Valhalla!
7:50 $500k when Bitcoin lost 50%? So he said he bought in from $1000-9000 so he roughly invested $250000? =/ I mean, don't get me wrong.. it's a lot of money.. but I was expecting a whole lot more when he said he sold his home and got rid of his business, etc. Bitcoin today is at $4000 so depending on how much he bought at $1000 or $9000… he's pretty much close to even.
sucker
Home schooling rules!
hey bitcoin fans, want to buy some Tulips?