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Showing posts from December, 2017

Thoughts on Bitcoin - and why I cashed out of BTC at $18k

From one point of view, cashing out is foolish. The price has gone up, and will go further. From another perspective, holding so much in BTC was already insane.

In 2013, I swallowed my pride for not having invented Bitcoin, and invested a total of $60,000 in it. About $30,000 was into Butterfly Labs mining hardware. This turned out to be mostly a scam. Time after time, the company delayed delivery, while actually, they were using hardware prepaid by their customers to mine Bitcoin themselves. A year later, I was able to receive my order refunded. I'm not sure that would have happened if it wasn't for a friend.

With the other $30,000, I bought around 250 coins on MtGox, at around $120. For months after, I had a disturbing gut feeling about leaving them there. I rationalized that it's safer to trust the world's largest exchange than to store them myself. When MtGox came crashing, I salvaged around 30. For a year, I beat myself up for ignoring my sixth sense.

I have now s…

Mudanzas Mundiales: 82 days to move things from Costa Rica to Texas

This is to record, for posterity or otherwise, that Mudanzas Mundiales took 82 days to move about 15 boxes of our household items from San José, Costa Rica, to Texas.

We hired them for this move because we previously used them for a move within San José, and they did a great job then. This time, we hoped it might take 1 week. We were told 2 weeks. But actually, they packed our things September 14 – and they arrived December 5.

The boxes were not stuck in customs. They arrived in Miami November 20, just before Thanksgiving. From this point to delivery, including customs, took 15 days.

For around 66 days, the boxes were stuck in a warehouse in Costa Rica.

For the first 2 weeks after they packed our things, they didn't even respond to our emails and phone calls. We had to reach out to someone who knows the owners. Only after, they responded.

It still took as long as it did. Their explanation was that they experienced "problems getting a quote", and they had been moving thei…