Bitcoin Forum
June 17, 2024, 01:39:06 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 [111]
2201  Other / Beginners & Help / Re: I want to feel like the people who invested in Bitcoins in 2009/2010......... :( on: November 20, 2013, 06:35:55 PM
Will I ever experience those feels? It must feel amazing to have a large sum of money all the sudden. This will only happen if each BTC is worth $10k-100k in the next 2-3 years. Who here truly believes this will happen? I feel like this is my only change to have success in life
 

 Bitcoin pls! Sad 

I know exactly how you feel ,as we are on a similar boat (also single, etc). I knew about Bitcoins back in the day, but I asociated it with ilegal activities because of all the deep web stuff so I ignored the whole thing, only to find out years later a guy is now a millonaire off a 27$ investment.

Honestly, I think we are a bit late, at least to cash out millions. The only way we are going to be millonaires is if the value of a single BTC keeps rising to absurd numbers, like 100.000 USD/BTC. There are people that say it could even reach one million, but that's just absurd. Wouldn't it mean the USD is basically useless at that point? How could a currency exist on the practical world? Imagine you want to buy something really simple, like a pizza. You would be using really absurd small amounts of BTC on there. This doesn't seem very intuitive. Most of the average person shoping will be like for 0.00000000000000000000000001 BTC. Anyone else thinks this is nuts?
And imagine the super early adopters that right now have like 100k Bitcoins. They will be like the richest guys in the world. Will Govs and "the powers that be" allow for that to happen? If the "1M USD/BTC" scheme is ever true, basically it would mean super early adopters rule the world in the future. What an insane scenareo.

if 1 BTC becomes a huge amount it'll be split into much smaller units.. probably called something else like satoshi. So we won't be paying in 0.000000000000001 BTC, we'll be paying in 1 satoshi, or microBTC or something which is equivalent to that much BTC... and the lucky ones who own 1 whole BTC or more will be rich.

I'm hoping this happens
2202  Other / Beginners & Help / Paying assassins and drug dealers with bitcoins in 2010...... on: November 20, 2013, 06:13:17 PM
Those assassins and dealers much be rich as hell right now
2203  Other / Beginners & Help / Re: I want to feel like the people who invested in Bitcoins in 2009/2010......... :( on: November 20, 2013, 06:05:06 PM
Never know!
However, do not put all your savings in this. Just in case.


But the thing is... if I win I want to win big. If this is one of those life time opportunities to get explosive gains I want to be in the $millions, not thousands... so I kind of am buying as much bitcoins as I can. I only have 10 right now but I want to have at least 20 in case this really picks up. The only thing I have going for me is that I'm single so I don't have any wife and kids to worry about if I lose all my money.. but maybe I'm still being stupid?

I believe there is a chance of this happening and it's a way better chance than playing lotto.

Yeah, screw the lottery
2204  Other / Beginners & Help / I want to feel like the people who invested in Bitcoins in 2009/2010......... :( on: November 20, 2013, 05:49:04 PM
Will I ever experience those feels? It must feel amazing to have a large sum of money all the sudden. This will only happen if each BTC is worth $10k-100k in the next 2-3 years. Who here truly believes this will happen? I feel like this is my only change to have success in life
 

 Bitcoin pls! Sad 
2205  Other / Beginners & Help / Re: will the bitcoin reach $1000 one day...? on: November 20, 2013, 05:40:28 PM
When will each BTC be worth $10,000,000 so I can bee rich and finally retire and live a comfortable stress free life? Sad


Bitcoin pls.....
2206  Other / Beginners & Help / Anyone else buying Bitcoins now and holding for the long term? -11/20/2013 on: November 20, 2013, 05:32:00 PM
There is speculation that bitcoin may be a game changer for the entire world. And i'd say that's reasonable to assume if you understand how this currency works, the people that do seem to believe so, and how much of an improvement this is compared to the problems of regular fiat currency. This is slowly becoming big in China and their government is embracing it, along with other Asian countries like Japan and Singapore. This is good news because if the US does not adopt this currency in some way then we will be behind in technology and innovation compared to other countries, and a lot of startups and businesses that benefit from bitcoins will simply move. It's being recognized all over the world and I do think this type of currency will be the future. I'm only worried if it will be bitcoin or some other alternative virtual currency that will take the lead... so far bitcoin seems to be the main player and it is building its network rapidly.

The first time I heard about bitcoin was when I was browsing the Silk Road back in March. I just associated bitcoin as something shady and illegal and brushed it off. Now that I learned about it I realized its true potential... and I feel like most people still don't know enough about it and associate it with Silk Road. The reason criminals used bitcoins is because they realized early on its potential and took advantage of its fast, private and more secure payment method. If you heard the senate hearings on Monday and Tuesday, there was a lot of positive light on bitcoins, the few who were against it simply did not understand how it works and it was obvious from their arguments.

Anyway, I bought 10 BTCs for $6900 on Monday. I'm probably down around $2gs by now because of the dip in the market...and it'll probably go down more. But I am pretty optimistic about it for the long run.. I want to see how far this goes in 2 years. From what I understand so far, this is one of those risks where either your money will explode and increase exponentially over the coming years, or you lose everything. I rather do this than sit on stocks for 5 years and be lucky to even get 10% gains. Anyone else buying them at mid $500-700 range and holding? I guess I'm trying to get reassurance that I didn't just dump my entire savings Smiley

Btw- I really just want input and opinions from people who have done their research on bitcoins. If you are completely unaware the following resources below will help, just do some research on your own, I think it's worth it..


https://en.bitcoin.it/wiki/Myths#Bitcoin_is_just_like_all_other_digital_currencies.3B_nothing_new

http://www.youtube.com/watch?v=w4HGVJjqDVk
http://www.youtube.com/watch?v=K7LQu-eIOO0
http://www.youtube.com/watch?v=v0UxTVNrsmk

coinbase.com --if you want to buy BTCs
Pages: « 1 ... 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 [111]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!