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Author Topic: Started as believer, finished as ..a profit hunter. WTF? What`s wrong with me!  (Read 119 times)
liberox (OP)
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September 20, 2018, 09:32:36 PM
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A post in reddit bring me back to the time I started first with bitcoin..
I can`t avoid the question - what happened? What`s wrong with me??

First I was impressed by the idea in early 2010 as it was presented in an IT forum where I`m a member. I joined the community immediately and next year I minned about 82 (or 92 not sure) BTC with my ugly home machine. It was all about the idea and with hope to change the supremacy of the bank (world) masters. Unfortunatelly I had to re-install my machine by some reason and I just ..forgot for the bitcoin - after reinstall I was like a kid realizing his favorit toy remained on the bus seat far away. (it`s a little bit worst - I still might recover the files but I have installed the core on virtual machine, there was a mania for the virtual machines at this time, lol, which make that kinda impossible) I never backup wallet or something, BTC has no value for me in sense we understand it now. It was on the end of 2010 or early 2011 and I gave up and stopped mining as it already started to consume too much sources and from some time I started it only at night. So I never installed the core anymore. In short: I left becouse I was not able to mine on my home machine anymore!

That`s important! That`s the very first point - Satoshi was wrong about the mining process and ddidn`t understand how much sources it will cost after relativelly short time. That point bring about the separation between miners and users. First I felt I am a part of the community: I am a real participant and active member of the idea. As a simple holder of the coin You can not have the same feeling, You just use it for some reason, but You`re not an active participant or creator of the future. I`m really sorry we lost that. Of corse it brings other problems as well as the concentration of the miming process to a limited group of people, energy consuming and ecological problems and so, but they are not so important as that separation we have now.

Back to the story - I was back to the BTC only in, You know - Dec 2017. For what reason? You know - to profit. Probably I will as I`m pretty sure it will hit new tops next years, but I do not want to care anymore. You think BTC is volatile? It`s not - it`s volatile only since fiat exist. We can not have two different currencies same time, for that reason now some people try to call it "store of value", "kind of digital gold" etc. IT`S NOT. It`s born to be currency and I still believe it will. If there are not dollars do You think an aplle will cost less BTC next week?! Not less as less dollars nowadays. Yes, I want mass adoption, but not in order 1 BTC to hit 1B, I want it to say good buy fiat masters. However will that happen or they will just transfer their domonation on the digital currencies? It`s sure they will try, don`t let them do.

In short again - Let You know what exacly You want! Do You really want "to the moon"? There is no oxigen on the moon, do not forget that.
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