Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: brother3 on December 04, 2013, 07:49:35 PM



Title: Late to the party again!
Post by: brother3 on December 04, 2013, 07:49:35 PM
I heard about Google when they first started....I was going to buy some shares then but decided against it...The same thing for Ebay and Amazon  :o  I am kicking myself again for not starting on Bitcoin mining even though I knew about it quite early...What is you secret on picking the winners guys?


Title: Re: Late to the party again!
Post by: trace666 on December 04, 2013, 07:54:44 PM
You not only need to (1) be aware of an innovation, but also (2) be willing to risk your money and time at a moment when there is still huge risk and uncertainty.
Maybe for you (like most people) there has been a time when you fulfilled (1) but not yet (2).


Title: Re: Late to the party again!
Post by: kireinaha on December 04, 2013, 07:57:06 PM
I heard about Google when they first started....I was going to buy some shares then but decided against it...The same thing for Ebay and Amazon  :o  I am kicking myself again for not starting on Bitcoin mining even though I knew about it quite early...What is you secret on picking the winners guys?

Everyone claims that they were "just about" to invest in bitcoin. Well, maybe not everyone, but many people I've talked to have said the same thing. Yeah, we all heard about it back in 2010 or 2011 but didn't take it seriously. The fact is, only a few thousand people did hear about it and bought some, and then what's even more amazing is that a few of those early adopters resisted the urge to sell and held on to them until the present day.  

Some people here will tell you that we're still early adopters and you're not late. I'm not sure about that; I suspect there is still a ways to go for bitcoin, but we're not going to see annual 1000% returns anymore. Not likely.

How about 3D printing? Maybe that could be the next big thing.



Title: Re: Late to the party again!
Post by: Barek on December 04, 2013, 07:57:43 PM
In a way, you are in the same situation now.

Yes, it has gone up in value drastically, but it may also continue to go up in value drastically.

Or it may fail.

You should come back to the thread in a year and tell us what you ended up doing. :)


Title: Re: Late to the party again!
Post by: uMMcQxCWELNzkt on December 04, 2013, 08:02:10 PM
Can you PM me all the things you are interested in now but don't feel like investing in?


Title: Re: Late to the party again!
Post by: bitcoinpsftp on December 04, 2013, 08:02:41 PM
Wow.... you could be one of the richest people on earth.  If only you invested in all of this!!!  Sucks to be you.  Buy BTC now, you'll be regretting more if you don't.


Title: Re: Late to the party again!
Post by: erre on December 04, 2013, 08:04:19 PM
i just entered in btc, and feel like an early adopter  :) Maybe the btc run will not end up @ 1000000, but i would still be very happy if my btc ends up in the range 5000-10000  :)
I heard about btc when it was way less than 100 usd, but it seemed to me so much at that time...


Title: Re: Late to the party again!
Post by: jojo69 on December 04, 2013, 08:04:51 PM
What is you secret on picking the winners guys?

not being a scaredy little bitch?

no risk, no reward, it will always be so


Title: Re: Late to the party again!
Post by: bitcoinpsftp on December 04, 2013, 08:06:50 PM
Can you PM me all the things you are interested in now but don't feel like investing in?

Please, i'll subscribe to that as well!!!!  Add me to the pm list, i'll even give % of profit for investing in your ideas.  Love this thread!


Title: Re: Late to the party again!
Post by: brother3 on December 04, 2013, 08:12:11 PM
What is you secret on picking the winners guys?

not being a scaredy little bitch?

no risk, no reward, it will always be so

I have the flu now I and I feel like crap of course....but your response got me laughing so hard...I luv it!!!!


Title: Re: Late to the party again!
Post by: impulse on December 04, 2013, 08:15:43 PM
I heard about Google when they first started....I was going to buy some shares then but decided against it...The same thing for Ebay and Amazon  :o  I am kicking myself again for not starting on Bitcoin mining even though I knew about it quite early...What is you secret on picking the winners guys?

Everyone claims that they were "just about" to invest in bitcoin. Well, maybe not everyone, but many people I've talked to have said the same thing. Yeah, we all heard about it back in 2010 or 2011 but didn't take it seriously. The fact is, only a few thousand people did hear about it and bought some, and then what's even more amazing is that a few of those early adopters resisted the urge to sell and held on to them until the present day.  

Some people here will tell you that we're still early adopters and you're not late. I'm not sure about that; I suspect there is still a ways to go for bitcoin, but we're not going to see annual 1000% returns anymore. Not likely.

How about 3D printing? Maybe that could be the next big thing.

We won't see 1000% annual returns forever obviously, but I think we will see them again next year.


Title: Re: Late to the party again!
Post by: beetcoin on December 04, 2013, 08:17:46 PM
yeah, i was a tad late myself.. was about to buy some in 2011 but decided against it as i was too lazy. took me 15 months to finally comea round.


Title: Re: Late to the party again!
Post by: brother3 on December 04, 2013, 08:18:21 PM
Love this thread!
The OP should be dancing in the streets.  Bitcoin is at a VERY early stage.  Super early.  It will EXPLODE over the next 5 years as new companies develop the things needed for real people (non nerds) to use bitcoin.  Just buy a shitload of bitcoin now, wait 3 - 5 years, never work again.  Your real problem is: 'how do you convert everything you own into bitcoin today'? 

Stop fucking complaining, and buy all you can now. 

...or, you can wait 5 years and tell everyone how you were thinking of buying when it was only $1,200.


I am not complaining at all...Simply telling my story and asking for opinions.  Please go easy on me....or not lol...Thanks for your reply!


Title: Re: Late to the party again!
Post by: LiteCoinGuy on December 04, 2013, 10:09:43 PM
and maybe you are the lucky guy that does not invested in Bitcoin and safed his money  ;)

its always about risk. if you cant handle to lose your money, stay out and come back in a few years.

(but yes, iam one of those you would say: you are an early adopter)


Title: Re: Late to the party again!
Post by: GigaCoin on December 04, 2013, 10:13:26 PM
I heard about Google when they first started....I was going to buy some shares then but decided against it...The same thing for Ebay and Amazon  :o  I am kicking myself again for not starting on Bitcoin mining even though I knew about it quite early...What is you secret on picking the winners guys?

Everyone claims that they were "just about" to invest in bitcoin. Well, maybe not everyone, but many people I've talked to have said the same thing. Yeah, we all heard about it back in 2010 or 2011 but didn't take it seriously. The fact is, only a few thousand people did hear about it and bought some, and then what's even more amazing is that a few of those early adopters resisted the urge to sell and held on to them until the present day.  

Some people here will tell you that we're still early adopters and you're not late. I'm not sure about that; I suspect there is still a ways to go for bitcoin, but we're not going to see annual 1000% returns anymore. Not likely.

How about 3D printing? Maybe that could be the next big thing.



they are selling 3D printers every freakin place and lot of large printing suppliers and companies already setup distribution channels for it. I looked around already it's too late for that imo. Big corporations already buy from their established printer suppliers


Title: Re: Late to the party again!
Post by: BitChick on December 04, 2013, 10:13:46 PM
I heard about Google when they first started....I was going to buy some shares then but decided against it...The same thing for Ebay and Amazon  :o  I am kicking myself again for not starting on Bitcoin mining even though I knew about it quite early...What is you secret on picking the winners guys?

We all feel late to the party with Bitcoin!  Just realize that very little people know about BTC in the world, even though it is priced at $1200.  Buy what you can afford to buy and then hold and enjoy the ride!  In the big scheme of things $1200 could be the best deal in the world.  It is hard to believe now, but when the price is $10,000 or $100,000 it will feel that way.



Title: Re: Late to the party again!
Post by: GigaCoin on December 04, 2013, 10:17:09 PM
I heard about Google when they first started....I was going to buy some shares then but decided against it...The same thing for Ebay and Amazon  :o  I am kicking myself again for not starting on Bitcoin mining even though I knew about it quite early...What is you secret on picking the winners guys?

it is not too late, get into it now Bitcoin still has years ahead of it.


Title: Re: Late to the party again!
Post by: beetcoin on December 04, 2013, 10:20:30 PM
if you're always late to the party, you should ask yourself what you did wrong and make sure you don't do it again next time. if you feel something will truly happen, more effort should be put into investing.  everyone has an idea, but not everyone acts on it.


Title: Re: Late to the party again!
Post by: BitChick on December 04, 2013, 10:26:29 PM
I just console myself with the fact that many of the "early adopters" sold their coins for $10 or $100 even without realizing that if they just held them a year more they would could have sold for $1000 each.  We can learn from their mistakes.  Also, in defense of those that sold for $10 or $100, it was WAY riskier investing in BTC.  There was absolutely no guarantee that it would succeed, or that governments would not shut it down somehow (easier said then done I know but they could have made things much more difficult for us!).  Many hurdles have been overcome to get where we are now.

We are now on the brink of some amazing developments.  As far as I am concerned now is a great time to buy.  There is less risk then there has ever been for BTC to succeed and we are still very early in this.

Hopefully this helps.  ;D



Title: ddd
Post by: BittBurger on December 04, 2013, 10:44:29 PM
I heard about Google when they first started....I was going to buy some shares then but decided against it...The same thing for Ebay and Amazon  :o  I am kicking myself again for not starting on Bitcoin mining even though I knew about it quite early...What is you secret on picking the winners guys?
Story of my life.  Fortunately I had had enough right before I discovered Bitcoin.  I was determined (bucket list item) to be a part of the "next big thing".  Fortunately I was blessed with good decision making skills on investments.  I just never paid attention to the new technologies, etc.  I went all-in on Bitcoin after researching it for 2 months.  Everyone told me I was crazy.  Its a matter of staying up to date with the trends in the world.  The waves where humanity goes.  3D printing stocks was another world-game-changer that i JUST missed.  DDD and SSYS had already gone up 300% by the time I heard about it.  I was seriously irritated. I *always* just missed things.  I was standing *in* the sales office of a new condo development the year of the big housing boom, able and willing to sign for a $150,000 condo, but chose not to.  Went home that day.  20 months later that condo sold for $650,000.  So i decided enough was enough.  I even sent my friends a text saying I was going to start paying attention to all the newest innovations and start placing my bets on the ones that seemed logically to succeed.  So i did with Bitcion, and it has paid off handsomely.  And like someone else said, having the freedom to take risks and being willing to "lose it all" <--- that was the key.  


Title: Re: Late to the party again!
Post by: adamselene on December 04, 2013, 11:17:23 PM
If you think you're late to the party, your ass is really going to be sore when you realize that we were all just pre-gaming and you missed the actual party.

I advise most interested people in my life to throw in at least $100. If the Feds destroy the interwebs, then they're only out $100 and likely dealing with much bigger issues, but if the world catches on to Bitcoin's real potential as a protocol, then they stand to be rewarded for risking a small amount of their wealth before the rest of the world wised up to it.


Title: Re: Late to the party again!
Post by: Rampion on December 04, 2013, 11:30:32 PM
Really don't get you guys. I bought my first coins the day after I first read about Bitcoin. I read about it like 24 hours in a row and bang, bought the first couple of them. Three days later, bought a little more... And so on. Just a little each time, but steadily and recurrently.

From the very first moment I understood I couldn't afford to not investing at least a few bucks, pocket change maybe, but I had to be in.


Title: Re: Late to the party again!
Post by: Icaris on December 04, 2013, 11:39:30 PM
Party has just begun :)


Title: Re: Late to the party again!
Post by: BitDreams on December 05, 2013, 12:17:05 AM
There is at the least 2 more 10 baggers in Bitcoin valuation in my opinion.


Title: Re: Late to the party again!
Post by: b!z on December 05, 2013, 12:30:16 AM
Can you PM me all the things you are interested in now but don't feel like investing in?

I second this. Maybe you have found the next Google or BTC :-)


Title: Re: Late to the party again!
Post by: BitDreams on December 05, 2013, 02:33:58 AM
Check out the chart on post 97 of this thread for some ideas:    https://bitcointalk.org/index.php?topic=322058.0;all


Title: Re: Late to the party again!
Post by: takagari on December 05, 2013, 02:39:02 AM
Same, back when they were penny stocks I had over 100. sold out, left, came back when they were $100 bought ten and sat for a while, than we had a family issue and had to pool everything I could get.. Sold them off..

And now.
Sigh.

So I'm buying up. slowly. what I can

And I've decided. I will NOT sell unless I have the funds in BTC to pay off ALL my debt, which would include my home.
If this means I loose it all. so be it. If I see that much increase, cash out and it triples the next day. I'll be happy.

Had I hung onto my original 100, and increased slowly since, I'd be in that situation now... Sigh.

Live and learn.

I also ensure I buy 100 or so of each new promising coin. never that much and who knows!


Title: Re: Late to the party again!
Post by: kellrobinson on December 05, 2013, 04:10:14 AM
The coolest people always come to the party fashionably late (hint).


Title: Re: Late to the party again!
Post by: Dafar on December 05, 2013, 04:20:34 AM
Yea everyone has "heard" of something big back when no one gave a fuck about it. Everyone's hindsight vision is 20/20


I could have invented facebook but I chose not to






Shut the fuck up OP


Title: Re: Late to the party again!
Post by: cverity on December 05, 2013, 08:31:53 AM
If you believe there is a reasonable chance for general worldwide adoption, then in my opinion anyone getting into BitCoin today is right on time to the party.  You may not have been early to the party, but you weren't late either.  Even many of those that did arrive early, gave them away on pizzas.  I suspect the number of people who hoarded massive quantities from the early days is actually pretty small.

There will only be 21 million BTC.  The world's population is 7.1 billion (7100 million).  Evenly divided, every person could only have .003BTC

Over $100 million was stolen the other day and it wasn't front page news on general media sites.  Clearly the general public hasn't caught on yet. Its our responsibility, and in our interest, to see that they do by removing roadblocks (technical complexity, fear, difficulties in acquiring them, etc). This community has made amazing strides to that end over the past year and I have confidence that we will continue to do so.

$1100 is dirt cheap.  I am mining and purchasing every BTC I possibly can.


Title: Re: Late to the party again!
Post by: HoboTheClown on December 05, 2013, 10:45:48 AM
If you can afford to play a tiny bit.  its still worth it.  I on the other hand regret on invest my money into the coins.  Instead I invested in equipment which would have equated hundreds of thousands of dollars at todays bitcoin value.  Soooo, just gotta go with it and decide with you think is best for yourself.  It's like the lottery,  some people will tell you, it's not worth it and the winners will tell you, gotta pay to play.  I had a friend who told me to invest in Apple.  It was $100 too rich for me then.   Now... well,  yeah,  I'd have been richer now if I only invested in 10 shares :)



Title: Re: Late to the party again!
Post by: jballs on December 05, 2013, 11:00:11 AM
I would suggest stop mindfucking yourself.

Or, go to vegas. Stand at the roulette wheel. Pretend you put a thousand bucks on the right number twice in a row.

Keep doing it all night until it sets in. You miss opportunities every minute of every day. Just because you were vaguely aware of one of them means absolutely nothing.

Bitcoin was balls out risk. Still is, all these paper millionaires could walk empty handed or damn near. I looked into it, decided I didn't understand it, and that was the end of that because I don't invest in things I don't understand.

I still don't understand much of it. But I understand bull markets. So I'm in.

All it would take to knock btc into the ground (from these levels at least) is a major asset seizure, like shutting mtgox on laundering accusations. It would survive but it would take all the spec interest out of it. I don't expect that to happen but 1% chance? For sure.

These guys totally earned the rewards, there was no easy money about it. And if you look at the breakdown of the large holders there are only about 10,000 worldwide. If it had been a no brainer that would be a much higher number.



Title: Re: Late to the party again!
Post by: Abdussamad on December 05, 2013, 11:34:03 AM
I would suggest stop mindfucking yourself.

Or, go to vegas. Stand at the roulette wheel. Pretend you put a thousand bucks on the right number twice in a row.

Keep doing it all night until it sets in. You miss opportunities every minute of every day. Just because you were vaguely aware of one of them means absolutely nothing.

Bitcoin was balls out risk. Still is, all these paper millionaires could walk empty handed or damn near. I looked into it, decided I didn't understand it, and that was the end of that because I don't invest in things I don't understand.

I still don't understand much of it. But I understand bull markets. So I'm in.

If you want to learn about it you can, you know. There is a technical support forum where you can ask specific questions and get answers. It can help to understand the basics.


Title: Re: Late to the party again!
Post by: techstorm2 on December 05, 2013, 11:46:07 AM
It depends what your risk appetite is, that said you could still have put $500 into bitcoin in 2009 and be minted by now, would $500 seem a big risk? or even mined with your CPU at minimal cost.

 ;D




Title: Re: Late to the party again!
Post by: techstorm2 on December 05, 2013, 11:54:20 AM
converesly I invested in betamax, myspace, bernie madoff, only joking but you see my point, whos to say youre investing in a winner.

My philosophy on investing, if you cant afford to lose it, dont use it.

I spent less than a £1000 on mining kit and have mined a good deal of BTC & LTC, money i can afford to lose.


Title: Re: Late to the party again!
Post by: jballs on December 05, 2013, 11:55:36 AM
I would suggest stop mindfucking yourself.

Or, go to vegas. Stand at the roulette wheel. Pretend you put a thousand bucks on the right number twice in a row.

Keep doing it all night until it sets in. You miss opportunities every minute of every day. Just because you were vaguely aware of one of them means absolutely nothing.

Bitcoin was balls out risk. Still is, all these paper millionaires could walk empty handed or damn near. I looked into it, decided I didn't understand it, and that was the end of that because I don't invest in things I don't understand.

I still don't understand much of it. But I understand bull markets. So I'm in.

If you want to learn about it you can, you know. There is a technical support forum where you can ask specific questions and get answers. It can help to understand the basics.

Thanks, and I have certainly learned a lot in the short time I have been here. I have been in the financial markets my whole life so the concepts are not lost on me. But understanding all the aspects of how the cryptography works, the blockchain, the mining, what exactly is happening through all of it is some highbrow shit and I am not positive that I am even smart enough to get it, not on a level that I would have much to contribute anyway. I wonder how many people totally get it. Only 11,000 people with 1k coins or more... says a lot about those people and a lot about the complexity of it all.



Title: Re: Late to the party again!
Post by: superresistant on December 05, 2013, 12:02:04 PM
If you invest now in Bitcoin, you are still an early adopter. We are far from having a massive global adoption of Bitcoin. I think it will happen in about 2 years, the price will be at least hundred time this.


Title: Re: Late to the party again!
Post by: mikeymillie on December 05, 2013, 11:56:28 PM
Most of the people you interact with on a daily basis have yet to hear of Bitcoin.  You only feel like you missed the boat because you are now immersed in the community surrounding it, where everyone by definition has already heard of it. 

I make a point of asking everyone I buy things from - the gas station attendant, the maitre'd, the guy selling Christmas wreaths near my office - if - by chance - they take payment in bitcoin yet.  Just taking an informal tally and also piquing their interest which usually leads to a quick 'sales pitch' where I explain it is like email for money, negligible transaction fees, pay by phone on the spot with no card needed, etc.  I don't even bring up the speculation aspect, i leave that for them to discover on their own.  So far I am 0 for 20 (at least 20, probably a handful more).  Nobody outside a small slice of people who have interest in technology and to a lesser extent, finance, have ever even heard of it.  I am sure they might have seen it on the news in passing but if so it apparently hasn't sunk in yet.

Bitcoin, or something very like it, is going to be with us for a long time.


Title: Re: Late to the party again!
Post by: adamstgBit on December 06, 2013, 12:16:01 AM
I heard about Google when they first started....I was going to buy some shares then but decided against it...The same thing for Ebay and Amazon  :o  I am kicking myself again for not starting on Bitcoin mining even though I knew about it quite early...What is you secret on picking the winners guys?

the secret is to invest in what you feel passionate about, don't look to make money, look to enrich yourself.