Bitcoin Forum

Economy => Speculation => Topic started by: calkob on December 26, 2016, 04:51:14 PM



Title: Buying Bitcoin is obvious to early adopters
Post by: calkob on December 26, 2016, 04:51:14 PM
Every time bitcoin goes on a bull run the bitcoin forums and Reddit go bonkers with memes and pumpers,  but i really think that the excitement is legitimate,  we early adopters can see how important and beneficial bitcoin can be to the internet and so get excited about it.  To me bitcoin is just so obviously the future, but when i like tell friends and family they are just like..... yeah ok.   :D 

I have refrained from encouraging them to buy some as i know how volatile bitcoin can be, and at the minute i dont think its good to buy on a run but i really think that so many people are going to wish they had listened in 5-10 years from now.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: Mastsetad on December 26, 2016, 05:00:30 PM
Every time bitcoin goes on a bull run the bitcoin forums and Reddit go bonkers with memes and pumpers,  but i really think that the excitement is legitimate,  we early adopters can see how important and beneficial bitcoin can be to the internet and so get excited about it.  To me bitcoin is just so obviously the future, but when i like tell friends and family they are just like..... yeah ok.   :D 

I have refrained from encouraging them to buy some as i know how volatile bitcoin can be, and at the minute i dont think its good to buy on a run but i really think that so many people are going to wish they had listened in 5-10 years from now.

Not before 5-10 years, but if someone before some months or one year did not believe in bitcoin and did not buy anything after a suggestion then they must also be regretting their decision if they see the price right now, because it has grown too higher then what it was before.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: bitbunnny on December 26, 2016, 05:13:35 PM
Earli adopters are the bigest winners in Bitcoin story. At least I think so. Although just the few beleived in Bitcoin back then they profited the most, especialy those who have waited long enough.
At this moment it's still good to listen what this people have to say cause they know the best.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: avatar_kiyoshi on December 26, 2016, 05:41:08 PM
I had experience same as you, when I tried to introduce people, they just "ok, wow, so scarce", although I have tried to tell how to earn and have a big opportunity to earn profit.

Well the early adopters for me is who had buy 10k bitcoin for pizza, who called dinosaur (early miners). But there's no impossible if we called as early adopters with the price movement and improvement going.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: error08 on December 26, 2016, 06:04:19 PM
Every time bitcoin goes on a bull run the bitcoin forums and Reddit go bonkers with memes and pumpers,  but i really think that the excitement is legitimate,  we early adopters can see how important and beneficial bitcoin can be to the internet and so get excited about it.  To me bitcoin is just so obviously the future, but when i like tell friends and family they are just like..... yeah ok.   :D 

I have refrained from encouraging them to buy some as i know how volatile bitcoin can be, and at the minute i dont think its good to buy on a run but i really think that so many people are going to wish they had listened in 5-10 years from now.

Yeah, bitcoin price is volatile and can change at any time as the market cap not so huge right now, just like 14 billion compare to fiat or even PayPal. But, I still believe it due to many evidences from users that have been holding for a long time, in 5 years $100 worth in bitcoin will increase to $10000, early adopters already experienced it and we know it's true.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: thepo1m on December 26, 2016, 06:18:38 PM
Looking at the price alone can take ones eye off the big picture, there is no price below $1000 presently that is not a good buy. Is just like saying the pirce a property is high when you know next year the value is probably going to increase more in value


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: BitcoinBarrel on December 26, 2016, 06:19:43 PM
Yes people will soon be talking about the "good 'ol days" of buying coins under $1000.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: romero121 on December 26, 2016, 06:26:40 PM
Earli adopters are the bigest winners in Bitcoin story. At least I think so. Although just the few beleived in Bitcoin back then they profited the most, especialy those who have waited long enough.
At this moment it's still good to listen what this people have to say cause they know the best.

Those early adopters haven't expected such a growth with bitcoin, only the personwho learned and have knowledge about blockchain accepted in the beginning, but over the years it have gained popularity with it's increased price and continues to grow than most other altcoins.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: Mometaskers on December 26, 2016, 06:35:32 PM
Would you still suggest people buy bitcoins now though? For people who have just heard about bitcoin, the current exchange rate might make them think twice before buying even if they somehow believe it's a good investment.

BTW, what do early adopters do with their profit? Do they simply hold on to their bitcoins, trade or exchange for fiat?


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: OmegaStarScream on December 26, 2016, 07:13:36 PM
I'm not an early adopter as I came to the bitcoin scene at the end of 2014 but I had almost the same experience as you , I was recommending some friends about it and talking about it with my family , they had the same reaction as your friends , until the price started to raise these last days and now they are wishing they have invested.
It's not time to stop suggesting it to people though , If you really care about your friends and you want them genuinely to be part of the "revolution of economics" then you should definitely continue.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: smho_16 on December 26, 2016, 07:28:46 PM
Even in my country the colleagues who used to makes jokes about me and bitcoin now are telling me "hey how many coins do you have" and they are telling me they wish they bought bitcoin when it was 450-500 USD. At that time I encouraged them to buy as in a few years 5-15 I told them back then it will be surely increased in price a lot. They didn't listen that time and now they are thinking it's too expensive to buy bitcoins.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: merchantofzeny on December 26, 2016, 08:02:03 PM
As a newbie to this I really find the high price as an obstacle to buying bitcoins. Had I heard about this earlier I could have done something to acquire at least 1 btc. Now my only hope of acquiring one would be those faucets that don't really pay enough. Oh well, I've heard about Yobit and I'm trying to learn how it works. Might be able to get a few bits there at least.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: Taki on December 26, 2016, 08:03:44 PM
I also think that the future is about bitcoin or all the technology that stays behind it. And I also have the same problem when I'm talking about bitcoin to my friends. They are too skeptic about bitcoin cause of it's not on hear. I think bitcoin will be fully adopted sooner or later.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: mrkevio on December 26, 2016, 10:12:39 PM
As a newbie to this I really find the high price as an obstacle to buying bitcoins. Had I heard about this earlier I could have done something to acquire at least 1 btc. Now my only hope of acquiring one would be those faucets that don't really pay enough. Oh well, I've heard about Yobit and I'm trying to learn how it works. Might be able to get a few bits there at least.

Go to an ATM and buy as much as you want. Deposit only $10 or, if you can afford, $100 and that can turn into thousands soon (I'm talking about the next year). I've got a few hundreds of bucks and I'm going to hold them there until the price will skyrocket.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: expressbtc07 on December 26, 2016, 10:35:54 PM
After early adopters the masses come along so it is still time to buy and profit.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: Capradina on December 26, 2016, 10:41:46 PM
After early adopters the masses come along so it is still time to buy and profit.

Ahah, why should think of how gains obtained by those who buy first appeared when the bitcoin..?? . I've heard and saw that most of that has its beginnings bitcoin turns even lost most of the bitcoin later due to some causes of erratic. Although we can still get a good profit in the future, since the changes in prices that are truly unique and bitcoin is very fun.And in the future I have confidence that growth will progressively improved and bitcoin gives the best thing in our lives
 


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: Skarner21 on December 26, 2016, 11:13:46 PM
Well same here that if you are just telling them they are just answer yeah scam or anything a sign that they are not interested but not all..
Some of my friends because they want to have some extra income they are interested but for those who are satisfied in their life i think they are not intersted even they are say that currency is good but they are not taking any action..


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: xuan87 on December 26, 2016, 11:29:13 PM
Nobody can predict 100% what can happen in the future and nobody predicted that bitcoin could reach until this point,it is not too late now to buy bitcoin, bitcoin still on the top, but i must admit if I joined bitcoin earlier and save more coin, I will see more money to my account now, but bitcoin and crypto currencies still have a long journey and it is still a bright future to invest in bitcoin and other crypto


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: The Sceptical Chymist on December 26, 2016, 11:34:33 PM
The excitement is definitely real, and it's palpable.  That phrase "early adopters" is sort of misleading though.  I think all of us who own bitcoin now are pretty much early adopters.  The people who were in it before 2013 are the reeeally early ones.  But think of how many people have never owned any coin.  Most of the world has not--so we're still in it pretty early.

It's a very cool vibe right now.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: chesatochi on December 26, 2016, 11:36:00 PM
I think is never too late to buy bitcoins, even for anybody that miss the boat in the early day of bitcoin history. For sure, I will be excited if I was the men who bought the pizza for 10000 bitcoins and I hold them right now.

The brain get excited to see the number claim, claim ;)


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: Skarner21 on December 26, 2016, 11:48:52 PM
I think is never too late to buy bitcoins, even for anybody that miss the boat in the early day of bitcoin history. For sure, I will be excited if I was the men who bought the pizza for 10000 bitcoins and I hold them right now.

The brain get excited to see the number claim, claim ;)
Yeah bitcoin still not too late for early adopters that i think bitcoin is still in the beginning and i think the price right now is not a good iea to buy right now because the price is too high and i think we will still seen that the price will decrease after this year.. this is just my thought so for those who are early adopters still not too late and wait to see for low price before you buy..


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: freebutcaged on December 26, 2016, 11:52:15 PM
It is the same with me as I can't just tell others to buy in fear if they ever lost their funds but when I see the price going up I regret that why didn't I my self put more money to buy more cheap bitcoins.
And you know that when we are talking about good profit you'll going to need at least a couple hundreds of bitcoins so when trading after $200 rise you could actually say that you really got a nice profit.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: boyshx on December 27, 2016, 12:10:47 AM
Wish i was one of those guys who bought coins for 10$. But barely got into this 2 months ago. I remember reading about BTC in 2013 it was already over 1000$ and it took my atention but then the price went down and I thought it was all over


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: Xester on December 27, 2016, 12:22:30 AM
My first time buying bitcoin was last 2014, bitcoin was  one fourths or 25% of the current price right now. But after buying I was nervous to lost my investment after earning 10$ i cashed out all of my bitcoins. It was a pity that right now its x4 of the price I bought before, if I only hold my bitcoins then I have harvested a larger amount by now.

The newcomers and early adopters are welcome to bitcoin, its not too late to purchase any amount that fits their wallet. Bitcoin will still go up and they will still enjoy the benefits sooner or later.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: Yakamoto on December 27, 2016, 12:22:37 AM
Every time bitcoin goes on a bull run the bitcoin forums and Reddit go bonkers with memes and pumpers,  but i really think that the excitement is legitimate,  we early adopters can see how important and beneficial bitcoin can be to the internet and so get excited about it.  To me bitcoin is just so obviously the future, but when i like tell friends and family they are just like..... yeah ok.   :D 

I have refrained from encouraging them to buy some as i know how volatile bitcoin can be, and at the minute i dont think its good to buy on a run but i really think that so many people are going to wish they had listened in 5-10 years from now.
It is incredibly likely that either Bitcoin or some technology related to it is going to be the future, what matters now is whether or not we're able to figure out how to get it to that point and actually have people using it for most of what they do.

Buying now likely isn't a bad idea, but again, it all comes down to the numbers game and how the markets will react to it all.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: chixka000 on December 27, 2016, 12:30:34 AM
What i really do hate is when you encourage them to used bitcoin they act like ah ok then when they so how much you were earning and how you do use it for an ease purchases they then started to get interested and expect that they could also easily earn amounts but whe you do teach them ways to earn they go back to ah ok lol


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: angaper on December 27, 2016, 12:30:42 AM
But unfortunately this excitement is exclusive of bitcoiners. Perhaps we could see the bitcoin price achieving a historic level of $10,000 tomorrow but ordinary people still would remain indifferent to this event.

To be honest, I am not seeing a consistent and gradual adoption as I have been expecting for some years, although it is undoubted that there are some new bitcoiners every day, but very far from a massive adoption.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: Dmitry.Vastov on December 27, 2016, 01:40:32 AM
Ealier adopters are the luckiest because the price right now is very good. Bitcoin price back at 2011 is just $1 a piece. My goodness!  Thats so much profit on that. Well, they took the risk. They took the reward. Im just frustrated because bitcoin is just introduce to me way back at 2015. I didnt know that this will happen to bitcoin. The price that time is just $200-$300.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: btcxyzzz on December 27, 2016, 12:53:44 PM
Earli adopters are the bigest winners in Bitcoin story. At least I think so. Although just the few beleived in Bitcoin back then they profited the most, especialy those who have waited long enough.
At this moment it's still good to listen what this people have to say cause they know the best.

As an early Bitcoin adopter I say the game has just begun, and I say also 33/33/33 diversification needs to be done between BTC/ETH/XMR ;)


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: tiggytomb on December 27, 2016, 12:58:37 PM
Every time bitcoin goes on a bull run the bitcoin forums and Reddit go bonkers with memes and pumpers,  but i really think that the excitement is legitimate,  we early adopters can see how important and beneficial bitcoin can be to the internet and so get excited about it.  To me bitcoin is just so obviously the future, but when i like tell friends and family they are just like..... yeah ok.   :D 

I have refrained from encouraging them to buy some as i know how volatile bitcoin can be, and at the minute i dont think its good to buy on a run but i really think that so many people are going to wish they had listened in 5-10 years from now.

I face the same response when I tell people about bitcoin, they just think yeah whatever enjoy your little hobby.  It is not the easiest thing to explain to somebody without getting too enthusiastic.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: calkob on December 27, 2016, 01:05:16 PM
The excitement is definitely real, and it's palpable.  That phrase "early adopters" is sort of misleading though.  I think all of us who own bitcoin now are pretty much early adopters.  The people who were in it before 2013 are the reeeally early ones.  But think of how many people have never owned any coin.  Most of the world has not--so we're still in it pretty early.

It's a very cool vibe right now.

I agree, i think i remember Andreas Antonopoulos saying anyone in from 2014 were early adopters and anyone in before that were the lunatic fringe, lol  :o 

I also think that its a matter of perspective, in 2030 if bitcoin is worth $100,000 and used by most people world wide then i think we will all have a different view on who was an early adopter.  :P



Title: Re: Buying Bitcoin is obvious to early adopters
Post by: davis196 on December 27, 2016, 01:08:38 PM
Every time bitcoin goes on a bull run the bitcoin forums and Reddit go bonkers with memes and pumpers,  but i really think that the excitement is legitimate,  we early adopters can see how important and beneficial bitcoin can be to the internet and so get excited about it.  To me bitcoin is just so obviously the future, but when i like tell friends and family they are just like..... yeah ok.   :D 

I have refrained from encouraging them to buy some as i know how volatile bitcoin can be, and at the minute i dont think its good to buy on a run but i really think that so many people are going to wish they had listened in 5-10 years from now.

I wish i was an early adopter too. :(

I could have bought a few bitcoins when the price was $300 back in 2015 and sell them now. :-\

I didn`t have any money to buy btc before 2015.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: beerlover on December 28, 2016, 07:18:03 PM
Ealier adopters are the luckiest because the price right now is very good. Bitcoin price back at 2011 is just $1 a piece. My goodness!  Thats so much profit on that. Well, they took the risk. They took the reward. Im just frustrated because bitcoin is just introduce to me way back at 2015. I didnt know that this will happen to bitcoin. The price that time is just $200-$300.
There is no doubt that the early adopters are enjoying their lives right now, since the bitcoin price has gone up really high from what it used to be back when it started, but there is no way we could be sure that those who adopted the bitcoin were sure that it will become this huge or they have even saved every single bitcoin they had and haven’t spent it anything from it.


Title: Re: Buying Bitcoin is obvious to early adopters
Post by: alyssa85 on December 28, 2016, 07:46:07 PM
Earli adopters are the bigest winners in Bitcoin story. At least I think so.

How many of the early adopters held on through thick and thin? And how many bought at $10 and then sold at $200 thinking, wow I've made a 20-fold return?

Most of the people who own bitcoin now bought AFTER the 2013/14 bubble. The early adopter people (apart from Satoshi) cashed out long ago.