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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 508310 times)
RealBitcoin
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November 14, 2015, 10:02:49 AM
 #3021


Part of my point is more or less exactly the opposite of what you are asserting to be possible.  You are asserting that a bunch of us could affect the direction of the bitcoin price if we could get on the same page and push in the same direction at the same time.

I do not disagree with that assertion as a possibility, but your assertion really seems to be out there in LA LA land. 

I maintain my assertion that you cannot really get a bunch of forum members to agree, even if it were in their own best interest to agree - it's a kind of prisoners dilemma, because every person would continue to act as an individual in his/her own best interest and to tend to deviate from the direction of the others in order to attempt to get an advantage, which in the end would cause the whole proposed coordinated effort to fail.


Don't believe me, do you own reasearch, and you will find interesting things, just like he responded:


This is the signle biggest forum for bitcoin.

Every post, thread, article is influencing the price of bitcoin, that originate from this forum.

I`d guess about 0.8 correlation between bitcointalk activity and bitcoin price.

So if the majority of guys agree from here, it will go there probably.

There is correlation between bitcointalk activity and bitcoin price. The former is affected by the latter. When there is Price rise, there more activity here. When the price is low, people are quite here.

After all we are the bitcoin community, of course we influence price. Whatever things go in this forum does affect the bitcoin price.

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Pierre 2
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November 14, 2015, 12:21:21 PM
 #3022

We might be really wealthy and rich in future but it is a big speculation. I expect bitcoin price to rise but,
I don'y think it will go like $1m to make me rich and retire early.

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November 14, 2015, 12:35:34 PM
 #3023

We might be really wealthy and rich in future but it is a big speculation. I expect bitcoin price to rise but,
I don'y think it will go like $1m to make me rich and retire early.

It will take time and patience for this big speculation that we will be rich in the up coming years, rather it is "timing" it waits on the right time. Hopefully Bitcoin will drag us to its potential limit. 
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November 14, 2015, 01:00:28 PM
 #3024

I hope we, as next generation (after Dec-2013 Bitcoiners), will be the next wealth elite and join you most-elite Bitcoiners. This thread is always being motivational for me. I see riches and it pushes me grinding hard.
I wonder what is Atlas doing now? Anyone know him from real life?

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November 14, 2015, 08:54:04 PM
 #3025

I hope we, as next generation (after Dec-2013 Bitcoiners), will be the next wealth elite and join you most-elite Bitcoiners. This thread is always being motivational for me. I see riches and it pushes me grinding hard.
I wonder what is Atlas doing now? Anyone know him from real life?

Last year, I spoke with him over the phone. He was living in Australia at the time. I kid you not.

Hashing24 or: How I Quit Worrying and Learnt to Love the wew (pronounced: woo; rhymes with dew)
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November 15, 2015, 02:13:10 PM
 #3026

I hope we, as next generation (after Dec-2013 Bitcoiners), will be the next wealth elite and join you most-elite Bitcoiners. This thread is always being motivational for me. I see riches and it pushes me grinding hard.
I wonder what is Atlas doing now? Anyone know him from real life?

Last year, I spoke with him over the phone. He was living in Australia at the time. I kid you not.

No shit? He must have turned 18 and ran away as soon as he could. I always suspected his weird behavior and nihilist viewpoint was caused by abuse at home (either sexually or mentally).

RealBitcoin
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November 15, 2015, 03:26:21 PM
 #3027

I hope we, as next generation (after Dec-2013 Bitcoiners), will be the next wealth elite and join you most-elite Bitcoiners. This thread is always being motivational for me. I see riches and it pushes me grinding hard.
I wonder what is Atlas doing now? Anyone know him from real life?

Last year, I spoke with him over the phone. He was living in Australia at the time. I kid you not.

No shit? He must have turned 18 and ran away as soon as he could. I always suspected his weird behavior and nihilist viewpoint was caused by abuse at home (either sexually or mentally).

Wow you guys really know that much eachother, I'ts really nice how a forum can be a good place to meet other people, not just a  feeding ground for scammers.

Bitcoin must work harder on social aspect too.

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November 15, 2015, 03:33:57 PM
 #3028

I agree with the author Wink
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November 16, 2015, 11:57:57 AM
 #3029

Wow so the OP was a guy named Atlas that wasn't even adult and had so many Bitcoins? how did a kid get involved in Bitcoin? imagine not being even 18 and having millions to spend, lucky guy. Why did he delete his account?

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November 16, 2015, 12:12:52 PM
 #3030

Wow so the OP was a guy named Atlas ---snip--- Why did he delete his account?

From my past experience , Many people joined this forum at early time , and they experienced the growth of BTC , i joined here somewhat at 2k13 , I witnessed a massive dropout from here , as the coin value started to drop after 1170$ , the people started to piss off from Rally.
You may find many accounts of people registered at 2011 and still they are members or Full , and Last login is 2013 or early 2014.
RealBitcoin
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November 16, 2015, 12:18:16 PM
 #3031

Wow so the OP was a guy named Atlas ---snip--- Why did he delete his account?

From my past experience , Many people joined this forum at early time , and they experienced the growth of BTC , i joined here somewhat at 2k13 , I witnessed a massive dropout from here , as the coin value started to drop after 1170$ , the people started to piss off from Rally.
You may find many accounts of people registered at 2011 and still they are members or Full , and Last login is 2013 or early 2014.

Those are only the shallow people, weak links.

We dont need those. They only come for quick buck.Fuck them.

We the veterans will hold bitcoin, and if they come back, well too late, we will make the big profit not them.

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November 16, 2015, 12:29:41 PM
 #3032

Wow so the OP was a guy named Atlas ---snip--- Why did he delete his account?

From my past experience , Many people joined this forum at early time , and they experienced the growth of BTC , i joined here somewhat at 2k13 , I witnessed a massive dropout from here , as the coin value started to drop after 1170$ , the people started to piss off from Rally.
You may find many accounts of people registered at 2011 and still they are members or Full , and Last login is 2013 or early 2014.

Those are only the shallow people, weak links.

We dont need those. They only come for quick buck.Fuck them.

We the veterans will hold bitcoin, and if they come back, well too late, we will make the big profit not them.
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You came For Few Coins Here Right?

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November 16, 2015, 03:54:23 PM
 #3033

Wow so the OP was a guy named Atlas ---snip--- Why did he delete his account?

From my past experience , Many people joined this forum at early time , and they experienced the growth of BTC , i joined here somewhat at 2k13 , I witnessed a massive dropout from here , as the coin value started to drop after 1170$ , the people started to piss off from Rally.
You may find many accounts of people registered at 2011 and still they are members or Full , and Last login is 2013 or early 2014.

But if they are here since 2011 they should have thousands of Bitcoin which means they would be pretty rich even after not selling at the peak last ATH... so why would they get mad an disappear? That's pretty dumb I think. If they keep holding they will just keep getting richer. Also they would be Legendary by now which in itself it's pretty valuable.

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November 16, 2015, 03:57:04 PM
 #3034

Wow so the OP was a guy named Atlas ---snip--- Why did he delete his account?

From my past experience , Many people joined this forum at early time , and they experienced the growth of BTC , i joined here somewhat at 2k13 , I witnessed a massive dropout from here , as the coin value started to drop after 1170$ , the people started to piss off from Rally.
You may find many accounts of people registered at 2011 and still they are members or Full , and Last login is 2013 or early 2014.

Those are only the shallow people, weak links.

We dont need those. They only come for quick buck.Fuck them.

We the veterans will hold bitcoin, and if they come back, well too late, we will make the big profit not them.

Actually, there are likely going to be all kinds of flavors of persons entering and exiting and reentering the bitcoin space. 

Those earlier adopters are at least somewhat aware of bitcoin, and even if they became disenchanted or skeptical, they may have enough subliminal knowledge of bitcoin that they are going to assist in various pump phases of bitcoin when they jump back on board while the price is going up or provide support when the price is going down, and they think that it will go back up.

Bitcoin has come a long way over the past 4-5 years, and people who were already aware of bitcoin are likely going to become reacquainted with it at various times - even when their level of information may be skewed by their own negative initial experiences.

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November 16, 2015, 04:04:28 PM
 #3035


Actually, there are likely going to be all kinds of flavors of persons entering and exiting and reentering the bitcoin space. 

Those earlier adopters are at least somewhat aware of bitcoin, and even if they became disenchanted or skeptical, they may have enough subliminal knowledge of bitcoin that they are going to assist in various pump phases of bitcoin when they jump back on board while the price is going up or provide support when the price is going down, and they think that it will go back up.

Bitcoin has come a long way over the past 4-5 years, and people who were already aware of bitcoin are likely going to become reacquainted with it at various times - even when their level of information may be skewed by their own negative initial experiences.

Sure but only the loyal persons are rewarded.

Those that bought at 5$ and still holding, when price reaches 50,000$ they will be the new Elite.

And the rest of them are just opportunists or scammers that went for a quickie.

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November 16, 2015, 04:06:04 PM
 #3036

Wow so the OP was a guy named Atlas ---snip--- Why did he delete his account?

From my past experience , Many people joined this forum at early time , and they experienced the growth of BTC , i joined here somewhat at 2k13 , I witnessed a massive dropout from here , as the coin value started to drop after 1170$ , the people started to piss off from Rally.
You may find many accounts of people registered at 2011 and still they are members or Full , and Last login is 2013 or early 2014.

But if they are here since 2011 they should have thousands of Bitcoin which means they would be pretty rich even after not selling at the peak last ATH... so why would they get mad an disappear? That's pretty dumb I think. If they keep holding they will just keep getting richer. Also they would be Legendary by now which in itself it's pretty valuable.


I would not assume that 2011 adopters have thousands of coins, even though it is possible that at some time they had thousands of coins.

They could have profited with their experience and they could have been burned a few times by the up and downs of BTC prices.

Imagine buying 1,000 coins at $10 when the price goes up to $32, but then maybe you fail to cash in and then the price goes down to $2, and you decide to recover your losses because you fear BTC is going to $0 and thereafter you witness the price go up to $260...

Those kinds of experiences could cause some earlier adopters to feel bitter about getting involved in bitcoin, because it has been so frequently difficult to time anything with the price or to have a plan exactly for what to do when BTC prices goes up  to cash in some but to hold on to some, also, and people have a tendency to want to lock in profits of all their holdings when they see their BTC holdings losing value... 

So they may end up with no coins or only a few coins based on their inclinations to cash in profits or fear of losses in the value of their BTC portfolio.

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November 16, 2015, 04:06:46 PM
 #3037

But if they are here since 2011 they should have thousands of Bitcoin which means they would be pretty rich even after not selling at the peak last ATH... so why would they get mad an disappear? That's pretty dumb I think. If they keep holding they will just keep getting richer. Also they would be Legendary by now which in itself it's pretty valuable.

1) Many (most?) early large holdings have been dribbled away -- through dice, profit taking along the way, bad investments, or scams.

2) What the hell is valuable about Legendary status?

3) Atlas (OP, currently listed as Anonymous) is a special case - read back through the thread for the explanation.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
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November 16, 2015, 04:09:24 PM
 #3038


Actually, there are likely going to be all kinds of flavors of persons entering and exiting and reentering the bitcoin space. 

Those earlier adopters are at least somewhat aware of bitcoin, and even if they became disenchanted or skeptical, they may have enough subliminal knowledge of bitcoin that they are going to assist in various pump phases of bitcoin when they jump back on board while the price is going up or provide support when the price is going down, and they think that it will go back up.

Bitcoin has come a long way over the past 4-5 years, and people who were already aware of bitcoin are likely going to become reacquainted with it at various times - even when their level of information may be skewed by their own negative initial experiences.

Sure but only the loyal persons are rewarded.

Those that bought at 5$ and still holding, when price reaches 50,000$ they will be the new Elite.

And the rest of them are just opportunists or scammers that went for a quickie.



See my above post, too.   My point is that it is very difficult to hold coins when the market is going up and down.  Surely, some of the people at $5 are going to be doing really good, but they are likely tempted to sell on an ongoing basis.  They are tempted to sell part or all of their holdings, because until it happens, there is no certainty with bitcoin, and there is no certainty that bitcoin will even reach $500 ever again. 

I believe that those are some of the difficulties for real people.



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November 16, 2015, 04:13:34 PM
 #3039

But if they are here since 2011 they should have thousands of Bitcoin which means they would be pretty rich even after not selling at the peak last ATH... so why would they get mad an disappear? That's pretty dumb I think. If they keep holding they will just keep getting richer. Also they would be Legendary by now which in itself it's pretty valuable.

1) Many (most?) early large holdings have been dribbled away -- through dice, profit taking along the way, bad investments, or scams.

2) What the hell is valuable about Legendary status?

3) Atlas (OP, currently listed as Anonymous) is a special case - read back through the thread for the explanation.

Which one are you Jbreher?  Were you able to hang on to some of your early purchased coins?  Do you have thousands of coins, as some of the posters here assume? 

I believe that you are suggesting that your bitcoin holdings are much more modest than the assertion of "thousands."  I would suggest that if anyone from 2011 time period has more than 100 coins, then they are doing pretty well to have been able to hang onto some of their coins while possibly engaging in some of the practices that you described in your post.

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November 16, 2015, 04:15:11 PM
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See my above post, too.   My point is that it is very difficult to hold coins when the market is going up and down.  Surely, some of the people at $5 are going to be doing really good, but they are likely tempted to sell on an ongoing basis.  They are tempted to sell part or all of their holdings, because until it happens, there is no certainty with bitcoin, and there is no certainty that bitcoin will even reach $500 ever again. 

I believe that those are some of the difficulties for real people.


I held my coins for 11 months and I was down about -40%. Still holding them but now I`m up a few %.

I am not looking to sell them at all unless it goes really low. If you invest with money you can afford to lose then you wont sell at every FUD post.


Those that sell based on that are really opportunists that looked at bitcoin as a short term HYIP. My previous point still holds.

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