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Author Topic: 2011 Bitcoin rejected person reaction on 2021  (Read 334 times)
uneng
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July 30, 2021, 09:28:20 PM
 #21

Probably this guy was just joking, because even though he didn't buy bitcoin at 2,70$ range, he must surely have bought it some time later, after bitcoin became more bullish. So far bitcoin has been very good for investors, because there is always a new opportunity for them. Many have already rejected one or few buying offers and still managed to start investing some time later for a cheap price.
However we don't know for how long bitcoin will keep offering opportunities like this to investors yet. Someday it will pump so intensily that no corrections will be able to push it down again. When this day comes it will be too late for new investors.

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July 30, 2021, 09:54:30 PM
 #22

I think it's unnecessary for someone to be sorry because they didn't buy bitcoin soon, because even now that the price is $41000 it's still possible for people to buy bitcoin and make hodl for the next few years to have a profit of 2X or 3X, regretting the past will do nothing well and also who would have thought that today the price of bitcoin would be so high? maybe today the price of bitcoin was $3000? or who knows, maybe the governments had campaigned against bitcoin and with that today we would not be talking about bitcoin, a fact that should not be regretted because of the past

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July 31, 2021, 02:20:07 AM
Last edit: August 02, 2021, 08:55:06 PM by BrianH
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 #23

I had over 380 BTC pass through my hands from GPU mining, around the same time as this guy. Look at when I joined bitcointalk. >$23 million dollars at Bitcoin's peak. Worth a few $1k then. Here was my wallet address.

I sold it all. I believed in Bitcoin, but thought the exponential storage requirements would be it's end. Outsmarted myself. Soft wallets, SegWit and cheap storage fixed that.

Do I regret that?

Oh hell yes.

Crypto is the future. It's still early. It's still possible to get wealthy from it. It historically increases by 3X every year. ...but the elites are noticing and starting to manipulate it...

I heavily doubt Bitcoin will be the winner, but it's still a winner now. Look to what McAffee said for the future winners.

The only thing that could stop the wealth train now would be regulation. I think it will only slow things down. We'll see what happens. Hopefully, there are still fully anonymous coins like Monero and non-KYC options when the dust settles.

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July 31, 2021, 05:42:12 AM
 #24

I think almost every trader and holder has experienced at least some of this situation. Because Bitcoin has reached its current price through fluctuations over a period of time. There are very few people who bought Bitcoin at the beginning of its creation, have kept it to this day, or have been able to sell it at its highest price. However, depending on the situation, this regret is more in some cases and less in others. Generally, those who bought Bitcoin at the beginning of 2020 have made huge profits and the situation of those who have sold Bitcoin at this moment is understandable.

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July 31, 2021, 05:48:30 AM
 #25

There is no point in making your life miserable because you missed opportunities. We can only perceive so much with our current understanding of the world. That is why we need to continuously develop ourselves and not 'settle' and default in our current knowledge.

He should be grateful that he is alive, not depressed because he didn't enter the market then. Money can come and go, but we don't get back our time nor its quality.
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July 31, 2021, 06:15:51 AM
 #26

we are required in this life to continue to learn, learn from our own mistakes, and learn from the mistakes of others, to continue to improve ourselves so that we have deeper knowledge, because we humans certainly never escape from mistakes, so take advantage of it. every opportunity that exists, and believe in it and learn more so that we can benefit, and don't fall into the wrong hole, bitcoin has given us an opportunity, it's just us how to use the opportunity that bitcoin has given us ..
Is normal to make mistake, but we have to learn for the mistake we make. Every fall in Bitcoin price is an opportunity to buy, because it will surely bounce and rise to a higher price. But many people are afraid to buy when the market crashes, because they thinks the price will keep going down. Bitcoin have a bright future. It was trading at $2 in November 2011, but the price of bitcoin is currently at $41k.



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July 31, 2021, 06:39:01 AM
 #27

Feeling sorry for him,,, I believe many people have missed it,,, I also missed it. Angry
To be honest, I didn't understand Bitcoin at first, because many media published negative news that Bitcoin is a tulip. I didn't think about it myself. My friend made money and told me that I knew the original Bitcoin. Bitcoin is real. Then I started to learn Bitcoin knowledge slowly, regretting that I didn't know and learn encryption knowledge in advance. According to media reports, Bitcoin has now proven itself with actual conditions. We must find experience from failure and believe that Bitcoin is very important.
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July 31, 2021, 07:15:57 AM
 #28

Wow, really sad. I missed some chance too back in 2014 when a colleague introduced Bitcoin to me, I would have been able to buy a good amount then but wasn't really interested until 2017. This is a continuous situation for some people just read some posts on this forum and you will see people tell you that when Bitcoin fell back to $30k even below that it was still too expensive that they believe it will still go down and wakes up to see Bitcoin now in $40k+ again and might not be able to buy-in. The mistake he made then shouldn't be made now because Bitcoin is more widely known and popular and those that don't see that still are not meant to be in the cryptocurrency space because as someone has already mentioned, there is no way you shouldn't have some Bitcoin in your portfolio. 
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July 31, 2021, 07:57:08 AM
 #29

I can feel the man though i did not have a chance buying or even learning bitcoin those days yet i felt the same thing when i sadly denied buying when this coin introduced to me few years ago before entering this forum.
when bitcoin still valuing 3 digits and come to buy while bitcoin is almost 5 digits in value.
but in him we can still feel the admission of being guilty for not making it seriously and deny and even criticized bitcoin that moment.


He should be grateful that he is alive, not depressed because he didn't enter the market then. Money can come and go, but we don't get back our time nor its quality.
we can easily say that because we are not on his feet, but imagine denying when the price is 17 dollars and look at the value now?

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July 31, 2021, 08:28:10 AM
 #30

I have seen many of these people in my life! A lot of them are so butt hurt over their decision not to buy ..that they actually turned into Bitcoin haters! Now, they are telling people how Bitcoin is a "Ponzi Scheme" and that it is just a question of time before it burst.  Roll Eyes

I will rather take a chance in life, than having to regret not doing it for the rest of my life.  - Risk can be managed... you do not have to invest 100% into a high risk investment, because every financial portfolio has to be balanced. (A combination of High/Medium/low risk investments)  Grin

I will rather burn out, than fade away! Go for it.......  Wink

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July 31, 2021, 08:46:45 AM
 #31

People who abandon bitcoin from the first will regret seeing how high the bitcoin price is now and wish to turn the time back to buy bitcoin. That will also be what we will do so we can buy bitcoin as many as we can. But unfortunately, that is already passed and we can not go back to the past but we can just buy bitcoin at a price now or waiting for the lower price.

Not just bitcoin, but it happens to ethereum. One of my friends buy ethereum at the lowest price below $15 but unfortunately, he lost his wallet containing 42 ethereum. He is very upset until now and wishes he can find a way to search for his wallet and sell the ethereum on that wallet. Well, we can only memorize what is happening in the past but we still have time and the opportunity to get more bitcoin or the other coins.

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July 31, 2021, 03:59:31 PM
 #32

He has totally missed that golden opportunity before but that was ten years ago, who knows that guy was already holding bitcoin today? because this is not the first time bitcoin was showing its potentials. In 2017, Bitcoin became popular elsewhere since that was the first time the bitcoin price has reached $20,000 Anyway, I believe that there are many people like Nick Allen until now, so let them regret it. 
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August 03, 2021, 12:10:57 PM
 #33

I feel sorry for him, quite similar to the way i feel sorry for myself for not having educated myself on Bitcoin either. I was probably living a well with absolutely no knowledge of the bitcoin boom and xenophobic about everything there was to know about it.

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August 06, 2021, 02:25:21 AM
 #34

I feel sorry for him, quite similar to the way i feel sorry for myself for not having educated myself on Bitcoin either. I was probably living a well with absolutely no knowledge of the bitcoin boom and xenophobic about everything there was to know about it.
but it's never too late to learn and pursue with passion that bitcoin is very good for investment and very profitable to do all transactions related to bitcoin. sometimes it's better to be late but can learn better than to rush and not know very well about bitcoin. hopefully this will continue to open the eyes to anyone that bitcoin is very good to know and get to know because it can have a good effect if properly practiced.

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August 06, 2021, 03:12:23 AM
 #35

Its funny to think that they literally repentant coz of the results of bitcoin at the moment.,well i know there's a bunch of people who missed that opportunity from bitcoin but at the same time alot of people are happy what they get from it as well. As the matter of fact coz of bitcoin there's some of investors who became millioner.. Maybe it's not for us, Grin so better luck next time while there's still a chance just keep believing it's proven and tested so we should takecit seriously IMO.
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August 06, 2021, 03:27:29 AM
 #36

He has totally missed that golden opportunity before but that was ten years ago, who knows that guy was already holding bitcoin today? because this is not the first time bitcoin was showing its potentials. In 2017, Bitcoin became popular elsewhere since that was the first time the bitcoin price has reached $20,000 Anyway, I believe that there are many people like Nick Allen until now, so let them regret it. 

Seeing bitcoin now many people are sorry like him, if he was still alive of course he would be depressed and die soon, this is an important lesson that what we think is bad now can turn out to be totally changed in the future and start to always think positively about many things.

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August 06, 2021, 04:41:17 AM
 #37

It's not just him but many others who didn't realise what bitcoin will be worth in coming seven to eight years and just sold their coins at $3-$5 only.There have been many such cases and now they all be dead inside seeing the prices now.It is infact matter of time and your vision and hodling skills which makes you rich over those period.Take the case of two pizzas for 10,000 bitcoins or german programmer losing hard drive containing more than 7k btc worth millions today.


There are many who still regrets selling very early or too late to be on the boat but still they stand a chance in future if they take investment decision once again.

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SSC NAPOLI
OFFICIAL EUROPEAN
BETTING PARTNER
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ROLLBIT COIN
TRADE RLB NOW!
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