RE: Short-term Profits and Long-term Gains

[everittdmickey]

1. short term profits...needed to pay the rent, buy booze, bullets, beans and bacon.
2. long term gain...all very well if #1 is taken care of.
3. What the hell is HODL? (other than the EurpBean equivalent of WalMart?)

Comments

[lukestokes]

HODL is part of cryptocurrency lore. :)

[everittdmickey]

ok....what does it MEAN?

[lukestokes]

It is not obvious from the link I replied with?

[everittdmickey]

I'm pretty stupid in some ways...
...not subtle.

[gniksivart]

If i'm not mistaken it's just hold mispelled

[lukestokes]

Check the link to the bitcointalk forum. It's not just misspelled, but an hilarious example of a drunk post which is now legendary.

[fitzgibbon]

Finally I read about the origin of it, thanks @lukestokes. Always thought it meant something like 'Holding On for Dear Life', but no...

Cheers!

Edit: and on topic towards your post. Yes, if we all would align as human beings we could create a mutually beneficial world for everyone, however, we humans aren't wired like that. Different people aim for different goals, and many are selfish in the short term (maybe just because they lack the intelligence to see the negative impact of their actions down the road).

[jordans]

It was a misspelling of "hold" and became a meme over the years.

[everittdmickey]

AH...this is the FIRST time I heard that.
I thought it was some kind of take off on

[bullshark]

Whenever I see it I think of Game of Thrones. HODOR

[matthewdavid]

Thanks for sharing the link. I hadn't seen the original post before.

[lukestokes]

I try to link to the original bitcointalk post every time I use it so people can catch on. Pretty funny stuff. :)