I am pretty confident we are the new wealthy elite, gentlemen.

[JayJuanGee]

As for us who just started, There is no guarantee that we wil get lots of profits for the upcoming years but the chances that it will happen is high that's why I will hold my bitcoins .

Well, experts say that the bubbles happens only once. Remember the dot com boom of the late 90s? Those who invested in stocks such as Dell, Microsoft and Cisco got as much as 200X and 300X profits. That was almost two decades back. The stocks are still there, but they are no longer giving those sort of returns.

You should already realize by now that bitcoin is a bit of a different animal.  Of course there are some comparison points, but your analogy to tech bubbles (and supposed experts) seems a bit self-serving and skewed in some kind of misplaced analogy sense to suggest that there is not going to be another bitcoin bubble (preposterous)

Well, experts say that the bubbles happens only once.

You are obviously putting excessive trust in the wrong 'experts'. Bitcoin has _already_ experienced several bubbles. You can't meaningfully apply lessons learned from the stock market to Bitcoin - cryptocurrencies are an entirely new asset class. Their existence -- and consequently their behaviors -- are entirely without precedent.

Hahahahahahaha

My comment was too late.  I was already beat to the subject... and with a more elegant answer....     

[1714773586]

1714773586

[nara1892]

Haha !! This thread was posted 2011 I hope those guys all listened because they would habe made 20x their money. Its crazy to think. It probably still true now. I think bitcoin will only go up and not Eben the sky is the limit ! Its not too late !! Just dont spend all your bitcoins at once You might need them for later when the price sky rockets.

OP's prediction is right, but it still does not hit $10,000. probably it can be true in the next years, just keep watching.

those who keep holding their bitcoin from 5 years ago, even 3 or 2 years ago can be rich know because the price is high enough now.

[tabnloz]

http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months.

The world just isn't going to be the same and we have been blessed as the pioneers.

What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?

always great to dig this thread up.

While it still "is just so hard to believe", the sentiment remains and we are now much further down the track with a lot of history behind us.

[BillyBobZorton]

Haha !! This thread was posted 2011 I hope those guys all listened because they would habe made 20x their money. Its crazy to think. It probably still true now. I think bitcoin will only go up and not Eben the sky is the limit ! Its not too late !! Just dont spend all your bitcoins at once You might need them for later when the price sky rockets.

OP's prediction is right, but it still does not hit $10,000. probably it can be true in the next years, just keep watching.

those who keep holding their bitcoin from 5 years ago, even 3 or 2 years ago can be rich know because the price is high enough now.

OP is long gone now... I wonder what was his actual nickname. For some reason his account was deleted. I remember hearing the story about it a long time ago and it was interesting... pretty much an story of going from rach to riches then disappearing.  I think he did the right thing, considering that back in the day the community was very small and it would have been easier to track his money. If he was a very early adoptor he must have tons of money by now, a millionaire for sure. I dont have that problem since im poor, but if I was rich I would have done the same.

[jak3]

i dont know about the elite but yes we are the fastest learner from the knowledge side. It was a huge concept when bitcoin camein front of people's eyes and lot of i must say like 60-65 percent users didnt cared about it but only we are the one who understanded its true potentiality.

[SolarSilver]

OP is long gone now... I wonder what was his actual nickname. For some reason his account was deleted. I remember hearing the story about it a long time ago and it was interesting... pretty much an story of going from rach to riches then disappearing.  I think he did the right thing, considering that back in the day the community was very small and it would have been easier to track his money. If he was a very early adoptor he must have tons of money by now, a millionaire for sure. I dont have that problem since im poor, but if I was rich I would have done the same.

You can still see his real name in the quotes on the first page:

https://bitcointalk.org/index.php?topic=12156.msg169765#msg169765

It was Atlas, he was quite a character... those were the days ;-)

[arklan]

OP is long gone now... I wonder what was his actual nickname. For some reason his account was deleted. I remember hearing the story about it a long time ago and it was interesting... pretty much an story of going from rach to riches then disappearing.  I think he did the right thing, considering that back in the day the community was very small and it would have been easier to track his money. If he was a very early adoptor he must have tons of money by now, a millionaire for sure. I dont have that problem since im poor, but if I was rich I would have done the same.

You can still see his real name in the quotes on the first page:

https://bitcointalk.org/index.php?topic=12156.msg169765#msg169765

It was Atlas, he was quite a character... those were the days ;-)

they were... days, at any rate. (not that i was around...)

[dopecoindude]

OP is long gone now... I wonder what was his actual nickname. For some reason his account was deleted. I remember hearing the story about it a long time ago and it was interesting... pretty much an story of going from rach to riches then disappearing.  I think he did the right thing, considering that back in the day the community was very small and it would have been easier to track his money. If he was a very early adoptor he must have tons of money by now, a millionaire for sure. I dont have that problem since im poor, but if I was rich I would have done the same.

You can still see his real name in the quotes on the first page:

https://bitcointalk.org/index.php?topic=12156.msg169765#msg169765

It was Atlas, he was quite a character... those were the days ;-)

Atlas was such a character. I remember talking to him a bit.

[Melbustus]

OP is long gone now... I wonder what was his actual nickname. For some reason his account was deleted. I remember hearing the story about it a long time ago and it was interesting... pretty much an story of going from rach to riches then disappearing.  I think he did the right thing, considering that back in the day the community was very small and it would have been easier to track his money. If he was a very early adoptor he must have tons of money by now, a millionaire for sure. I dont have that problem since im poor, but if I was rich I would have done the same.

You can still see his real name in the quotes on the first page:

https://bitcointalk.org/index.php?topic=12156.msg169765#msg169765

It was Atlas, he was quite a character... those were the days ;-)

Yup. I miss 2011/12, despite all the scams and crazy looks I'd get from respectable people when I mentioned bitcoin to them.

[SolarSilver]

Yup. I miss 2011/12, despite all the scams and crazy looks I'd get from respectable people when I mentioned bitcoin to them.

Vladimir club, anybody? ;-) I miss him too...

(In case you are wondering, hold 2100 coins to have 1/10000th of all coins possibly available. Nice advice, in hindsight)

[mrkevio]

Yup. I miss 2011/12, despite all the scams and crazy looks I'd get from respectable people when I mentioned bitcoin to them.

Vladimir club, anybody? ;-) I miss him too...

(In case you are wondering, hold 2100 coins to have 1/10000th of all coins possibly available. Nice advice, in hindsight)

Hah, 2100BTC.. I'm struggling with reaching even 1BTC and you're talking about over two thousands! I wish I could go back in time and buy hundreds of thousands of Bitcoins in 2010 or 2011. The price was so low and nobody ever trusted it would go up to even a dollar. We're now at over $1k and it now seems impossible for the price to reach $100.000, what do you think? The chances are, it will get to that price in Q4 2017. I'm always thinking about that guy celebrating Bitcoin by buying pizza .. I cannot imagine how bad he should feel right now, that was $10 MILLION. If the pizza shop still has that amount.... The owner should be on an island with everything he wants right now!

[Arcteryx]

Nice throwback of a thread.
Even the original poster doesn't have a name.
That was an interesting time and this is sort of a time machine back to see what people were thinking was going to happen back then with this new and unknown piece of currency.
The ones that stuck with it through thick and thin have really benefited the most of and and continue to do so.
Glad to be part of this wild roller coaster ride too, well the good times that it had shown me so far atleast.

[Yuuto]

Nice throwback of a thread.
Even the original poster doesn't have a name.
That was an interesting time and this is sort of a time machine back to see what people were thinking was going to happen back then with this new and unknown piece of currency.
The ones that stuck with it through thick and thin have really benefited the most of and and continue to do so.
Glad to be part of this wild roller coaster ride too, well the good times that it had shown me so far atleast.

Well, yeah, it is a hell of a ride for me over 2016, my bitcoin stash at one stage peaked at 30~ BTC but then lost it all on various sites gambling. That was my mistake, especilaly when I could have just held the coins and reaped a nice profit from the price hikes.

30 BTC is $30,000 at current price levels. It hurts to even speak about it lmao.

[arklan]

Nice throwback of a thread.
Even the original poster doesn't have a name.
That was an interesting time and this is sort of a time machine back to see what people were thinking was going to happen back then with this new and unknown piece of currency.
The ones that stuck with it through thick and thin have really benefited the most of and and continue to do so.
Glad to be part of this wild roller coaster ride too, well the good times that it had shown me so far atleast.

Well, yeah, it is a hell of a ride for me over 2016, my bitcoin stash at one stage peaked at 30~ BTC but then lost it all on various sites gambling. That was my mistake, especilaly when I could have just held the coins and reaped a nice profit from the price hikes.

30 BTC is $30,000 at current price levels. It hurts to even speak about it lmao.

20 BTC myself. sold most for badly needed money around 100 a coin... have nothing but dust now.

[calkob]

  Once my bitcoins are $1,000+ I will be able to pay off my growing college loans and maybe get an apartment, and my first car

Well congrats we have got there twice now, hows that new car and i hope your student debts are clear....lol

[shamzblueworld]

http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months.

The world just isn't going to be the same and we have been blessed as the pioneers.

What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?

Wow! Amazed that this was wrote more than 5 years ago. I'm sure you guys must be quite rich now.
But for us newbies, not there yet. It will take much more to own 10 BTC now, but hopefully we will reach that mark and then I think we will be quite rich as well.

[morgand]

http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months.

The world just isn't going to be the same and we have been blessed as the pioneers.

What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?

Post on 2011 and now 2017. Black market, Dark net etc make this bitcoin growing high.
You're right OP, but not $10.000 yet. Sad i came to this forum too late.

[JayJuanGee]

Yup. I miss 2011/12, despite all the scams and crazy looks I'd get from respectable people when I mentioned bitcoin to them.

Vladimir club, anybody? ;-) I miss him too...

(In case you are wondering, hold 2100 coins to have 1/10000th of all coins possibly available. Nice advice, in hindsight)

Yeah/.... one thing is holding 2100 coins and another thing is managing them for 5 of the subsequent years....

But in hindsight we can see that if you had 2100 coins in 2011, you could have liquidated 100 coins per year and still been o.k with about 1500 coins, currently.  Not the best management, but somewhat plausible and reasonable.

[Sithara007]

You're right OP, but not $10.000 yet. Sad i came to this forum too late.

No. You are not late.

Right now, only around 1 million individuals use Bitcoins. And remember that the world population stands at around 7 billion right now. Less than 0.02% of the humans are using BTC.

Imagine what could happen if BTC becomes popular. Imagine the market cap, if we could have 1 billion users!

[JayJuanGee]

You're right OP, but not $10.000 yet. Sad i came to this forum too late.

No. You are not late.

Right now, only around 1 million individuals use Bitcoins. And remember that the world population stands at around 7 billion right now. Less than 0.02% of the humans are using BTC.

Imagine what could happen if BTC becomes popular. Imagine the market cap, if we could have 1 billion users!

Even just buying 1 BTC for $1,000 would be a decent hedge, it seems.

Although it would probably be better to buy more than 1 so you could have room to use them here and there along the way... and even to dollar cost average from here on out would not be a bad idea.