BTC's Early Investors POLL

[boyptc]

I've known that YT guy when he became viral due to his prediction, can't remember the exact prediction. And then again he became viral again when YT has taken down his channel but later on, returned it.

What you are feeling now is what the majority have felt before. We all thought that it was too late and we just want to go back to those times when bitcoins were worth a few cents and even hundreds of dollars. But you gotta move on and look to the reality thinking of your strategy to accumulate.

[TGD]

your problem is that you are thinking of bitcoin as an investment and something that you can buy and make profit!
that's not why bitcoin was created. it is meant to be used as a currency. which means instead of investing your lifesavings in bitcoin you should have started getting paid in bitcoin. ask your employee to pay your salary (or part of it) in bitcoin, if you are self employed then start asking your customers to pay using bitcoin.
that's what bitcoin is, not a cash cow.

The was what is the correct value of BTC in able to use it as currency alone. If ever I request to my employer to use it as my salary, problem arise when I want to buy goods because only few items available to buy directly via BTC. It will cost me some money on convertion fee as well as withdrawal fee. The price of BTC is not pegged to a stable price that's why it is very hard to use it as currency alone. Its more as an investment rather than a currency alone.

It's perfect to categorized it as an investment currency because there's a huge variance on it's price compared to the typical currency.

[pooya87]

~
If ever I request to my employer to use it as my salary, problem arise when I want to buy goods because only few items available to buy directly via BTC. It will cost me some money on convertion fee as well as withdrawal fee.

you don't have to receive 100% of your salary in bitcoin. as i said in my previous above too, it could be a small portion of it. for example the same portion that you would purchase with the fiat you receive on each payment.
this will actually save you a lot of fees which you would have paid otherwise when you were trying to transfer fiat to exchanges (bank fee) convert it to bitcoin (trade fee) and withdraw bitcoin to your wallet (withdrawal fee).

[maydna]

I think:

Neutral, Satoshi wouldn't care

Satoshi has just introduced a new system for the financial, which can help many people, especially those who work in a large field. He will not force people to use it, but he only shows the way to people who tried to believe in bitcoin. But people can used bitcoin to pay for something they bought from the merchant.

But I don't suggest my friends or people I knew to invest all of his savings in bitcoin because bitcoin price is too volatile. I can't imagine how they can hold their bitcoin if they see their money value changed every day. People imagine if they buy bitcoin at the current price, they will make a big profit in the next month, which is not always happening because we don't know when bitcoin price will increase or decrease.

If you want to use bitcoin as an investment, you should know how to manage your money, spend your money to buy bitcoin, and know when to stop buying bitcoin while bitcoin price skyrocket.

PS: Perhaps, you can merge all your reply in one quote than to reply one by one

[mindrust]

Satoshi wouldn't give a damn about bitcoin's FIAT value at all probably. He was only interested in its tech as I understood from reading his posts. We didn't have the chance to see his reaction after btc hit $1k+ though.

[TGD]

~
If ever I request to my employer to use it as my salary, problem arise when I want to buy goods because only few items available to buy directly via BTC. It will cost me some money on convertion fee as well as withdrawal fee.

you don't have to receive 100% of your salary in bitcoin. as i said in my previous above too, it could be a small portion of it. for example the same portion that you would purchase with the fiat you receive on each payment.
this will actually save you a lot of fees which you would have paid otherwise when you were trying to transfer fiat to exchanges (bank fee) convert it to bitcoin (trade fee) and withdraw bitcoin to your wallet (withdrawal fee).

Got it, This will save a lot if my employer will adjust base on my request. But it will be hard to implement since it will make a hassle on employer payroll side unless the company is crypto related. But in general I get the point on slowly used bitcoin as currency so that in the future, The general will use it as currency alone and not an investment instrument. Just like a ripple effect.

[Broke@$$Joe]

I think:

Neutral, Satoshi wouldn't care

Satoshi has just introduced a new system for the financial, which can help many people, especially those who work in a large field. He will not force people to use it, but he only shows the way to people who tried to believe in bitcoin. But people can used bitcoin to pay for something they bought from the merchant.

But I don't suggest my friends or people I knew to invest all of his savings in bitcoin because bitcoin price is too volatile. I can't imagine how they can hold their bitcoin if they see their money value changed every day. People imagine if they buy bitcoin at the current price, they will make a big profit in the next month, which is not always happening because we don't know when bitcoin price will increase or decrease.

If you want to use bitcoin as an investment, you should know how to manage your money, spend your money to buy bitcoin, and know when to stop buying bitcoin while bitcoin price skyrocket.

PS: Perhaps, you can merge all your reply in one quote than to reply one by one

PS: Perhaps, you can merge all your reply in one quote than to reply one by one

-Well, Im new here and don't know how to do that, your winking eye doesn't help
However, I appreciate your view upon Bitcoin.
Take care

[Broke@$$Joe]

I voted neutral or Satoshi wouldn't care. My bad, Satoshi cares really, but that would be a different kind of care altogether. It is not a kind of care which doles out money to those who need it, feeding the poor, or something like that. Satoshi cared so much not just for the poor but also to everyone else. Why else did he create Bitcoin?

Satoshi created Bitcoin because the world needs it. He saw how the world is being run by a kind of system which is often abused by no less than the very people to whom the system is entrusted to be implemented properly and fairly.

And don't forget that Satoshi didn't even encash or even spend his own Bitcoins. 

My bad, Satoshi cares really

- that changed the intro lol and your intention lol.

Satoshi cared so much not just for the poor but also to everyone else. Why else did he create Bitcoin?

Satoshi created Bitcoin because the world needs it. He saw how the world is being run by a kind of system which is often abused by no less than the very people to whom the system is entrusted to be implemented properly and fairly.
-Exactly, and that's why I love Bitcoin so much, for the Revolution it has behind it. Well guess what, in 2008-2011 before Bitcoin reaching it's parity with USDollar, there were people who only spoke ill sh!t about it and out of ignorance, ridiculing what has been wrong with the World since 1971, when US was no longer backing Dollar by Gold, but ou of thin air.
And that's why I love Bitcoin more than Gold, it is more scare and defletionary since it has a fixed supply, while Gold it's just speculated on how much it is.
And what makes Bitcoin more scarce is the Satoshis's holding[which I believe he did hold to increase BTC's scarcity and to help us out even more] and not to mention what is speculated to have been lost forever on HDD around 2-4 millions BTC's.
So that leaves us with approx what is in total circulation today.
It won't take longer for the next ATH, trust me when I say U that.
As for you vote, I honestly waited for any comment to explain better why they chose Neutral Smiley and your view is pretty good, I appreciate you for taking the time to reply!
Take care man!

[Broke@$$Joe]

Satoshi wouldn't give a damn about bitcoin's FIAT value at all probably. He was only interested in its tech as I understood from reading his posts. We didn't have the chance to see his reaction after btc hit $1k+ though.

I agree with your opinion .
It is crystal clear to me that Satoshi was not interested looking at how Bitcoin will be priced in terms of fiat currency.. afterall, Satoshi's mission was to make Bitcoin an anti-fiat asset, being deflationary in it's nature and more scarce than Gold.

[Broke@$$Joe]

I've known that YT guy when he became viral due to his prediction, can't remember the exact prediction. And then again he became viral again when YT has taken down his channel but later on, returned it.

What you are feeling now is what the majority have felt before. We all thought that it was too late and we just want to go back to those times when bitcoins were worth a few cents and even hundreds of dollars. But you gotta move on and look to the reality thinking of your strategy to accumulate.

Yes man I'm feeling that not because I'm late because Bitcoin is still in early adopters phase.. but late in terms of fiat means due to salaries here in my country. And I can't do nothing to invest heavily in Bitcoin because the paycheck here is pathetic, not to mention that I lost my job because due to Covid's distress on businesses economic center.
I have no diploma because I couldn't afford to attend college because couldn't afford to pursue it. However, I still invested what I had on Bitcoin and no matter how much I have, I'm thankful I own just a little bit. But,,, when I think that what I invested could've bought me around 10 Bitcoin at 1K per coin, I would've been on my way to be free and having financial independence.
So yes, I've already moved on bro, and Im trying to create an strategy to accumulate even more hoepfully.
I wish you all the best, I wish the next Bitcoin's peak makes U independent in terms of money.
Good luck