What got you hooked on Bitcoin?

[kangasbros]

I would not change my precious bitcoins to crappy paper money, unless it is to introduce new people to bitcoin... I don't understand those who want to "cash out". Bitcoin is the best form of money, why change it to some crappier alternative (unless you want to short-term speculate).

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[Frequency]

Create money, yeah right i thought..  now i am mining and am creating money...thats a cool thing...
I will cash out in like lets say 2016 or so hopefully the coin price is up then..so it,s sort of an investment or saving in the longrun thats what made me hooked..not the quick money...and i now know how stable linux is... etc. etc

You got that wrong... in 2016 bitcoin is the cash.

u are right   But i,ll still would like to pay my mortgage in BTC thats would be the ultimate freedom for lots of people.. then i will have a big BTC bankaccount  and F2ck the bank after that ....that will do it to for me 

[DobZombie]

The story so far......
=========================

April 2012  Silk Road curiosity brought me through TOR (I never bought anything, thought the whole idea was different)
               Paying with bitcoins intrigued me
May  2012 Started doing some reading
               more reading
June 2012  several weeks later I've done the sums and worked out THIS IS PROFITABLE!
July  2012  Got a Bank Loan
                Spent $4,500 to $5,000 setting up a 8.5GH/s setup
Sept 2012  Pre Ordered a BFL SC
Oct   2012   Already paid off 30% of my initial investment


A little ways down the road...
=========================

? ?  2012      Receive BSL SC
? ?  2013      pay off my debts


WAY down the road...
=========================

? ?  2020ish  Be rich as hell
? ?  2030ish  Invent the ? ? ? ?, become the world's first trillionaire


 

[klaus]

... the wonderful community around that money made out of bits & bytes

01001011

[chorchonga]

I read Cryptonomicon a few years ago, and the chance to participate in the real-world implementation of cryptocurrency is really exciting!

[Mushroomized]

It sounded like this would be the money of the future, like when you watch sci-fi movies and they have credits, but its bitcoins instead.

[acoindr]

Here is my timeline:

1. misunderstood them
2. conflicted over whether they could work
3. holy #$%!

[twoglovedanny]

 

[jjiimm_64]

One statement that really got me hooked....

There will never be more then 21 million of them......ever!

[bbit]

The Drama! 

[acoindr]

The Drama!  

Probably one of my favorite forum quotes:

If Bitcoin was backed by drama the price would be stratospheric.

[bbit]

The Drama!  

Probably one of my favorite forum quotes:

If Bitcoin was backed by drama the price would be stratospheric.

Haha great quote!    Maybe, there is a direct correlation to Bitcoin Drama to the price/valuation of Bitcoin economy as a whole.

[RicRock]

Always been a computer guy and years ago did some CPU mining on the companies servers 

kind of forgot about it over the years and picked it back up recently

[iCEBREAKER]

The Drama!  

Probably one of my favorite forum quotes:

If Bitcoin was backed by drama the price would be stratospheric.

What do you mean "if Bitcoin was backed by drama?"

[bytedisorder]

The first 30BTC order I got when I experimentally setup a payment gateway on my hosting site.

[Pteppic]

It is the economics equivalent of watching the evolution of life on fast forward. There are plenty of mass extinctions at the moment, but eventually the stuff that survives will spread and change the world.

[Frequency]

It is the economics equivalent of watching the evolution of life on fast forward. There are plenty of mass extinctions at the moment, but eventually the stuff that survives will spread and change the world.

+1 for the mass extinctions part who knows whats next................................>>>

[GernMiester]

Regardless of what anyone says the reason is it boils down to this.
1) Money
2) Your a crypto lover or programmer interested in MONEY!!!
3) Its a hobby to make MONEY!

I mine to sell suckercoins bitcoins to the highest bidder so I can profit even more..


So 100% of people use BTC to profit, the rest are lying about why they mine.

[kjlimo]

Regardless of what anyone says the reason is it boils down to this.
1) Money
2) Your a crypto lover or programmer interested in MONEY!!!
3) Its a hobby to make MONEY!

I mine to sell suckercoins bitcoins to the highest bidder so I can profit even more..


So 100% of people use BTC to profit, the rest are lying about why they mine.

Agreed this sucks you in, but then you start believing the suckercoins bitcoins have value... then you start hoarding

EDIT: and then you start spending.

[knight22]

I watched this video http://www.youtube.com/watch?v=jqvKjsIxT_8 and then said OMG! I need to find an alternative to this crappy banking system. A few months later BOOM! I hit bitcoin!