We all gonna be filthy rich and here is why:

[MNDan]

i am already filthy rich because i was wise enough to buy when market was silent and many people specially around here were saying bitcoin will crash to $100 but i was buying constantly at super duper cheap prices now i have made nearly 4 digits % profit on my money because of the trades.

U sound awesome!

[o0o0]

i am already filthy rich because i was wise enough to buy when market was silent and many people specially around here were saying bitcoin will crash to $100 but i was buying constantly at super duper cheap prices now i have made nearly 4 digits % profit on my money because of the trades.

if they were saying crash to 100USD and you were buying super duper cheap then you had to buy at > 101USD so 4 digits is 1000% which isnt possible since its 800USD now. dont you mean 3 digit %?

[pooya87]

i am already filthy rich because i was wise enough to buy when market was silent and many people specially around here were saying bitcoin will crash to $100 but i was buying constantly at super duper cheap prices now i have made nearly 4 digits % profit on my money because of the trades.

if they were saying crash to 100USD and you were buying super duper cheap then you had to buy at > 101USD so 4 digits is 1000% which isnt possible since its 800USD now. dont you mean 3 digit %?

the keyword is the last word "trades" the desperate times in the last two years didn't only happen once. it happened so many times that i lost count. and also the same, rises based on pure hype didn't also happen only once rises which obviously had a follow up drop.
the key is selling before the dump and buying back when the $170 happens, when Mike Hearn spreads FUD and price goes down to 300is range, or when bfx is hacked and price goes down to 500ish range and .......

[Ibian]

Precisely, institutions and VC money stand behind it now.

During the run up to $266 and $1163 it was small timers who saw potential and libertarians who was buying. Things are different now.

fair enough but i just can't see these guys being keen on initiating bubbles by enriching the scum who held the torch for so long. i guess at some point someone has to shit or get off the pot but they didn't get rich by announcing to the world that they were gonna make others rich first.

But they will, if they want in at all. If they don't, the price will eventually creep up anyway as billions of joes around the world start using it. And they know this.

[Junko]

According to this, we'd see prices of $7-$8k. But because of the long bearmarket and a year of consolidation we might even go higher.

$12k anyone?

Ah don't mean to pee on yo love parade, but how bout us gettin' ta $1000 first?   Y'all be tryin ta fly ta the moon in a wheelchair.

To da moon!

[MingLee]

No way will I buy now.

Every freakin' time I buy, the price drops 10% the next day and slowly dwindles while feelings of depression rise.

If I think, 'hey I could make a profit selling right now' and actually sell some BTC - guess what happens the next day? $50 increase.

Same thing with alts...I'll hold for months, only to sell during a small rise and see its price skyrocket THE VERY NEXT DAY.  Why, god?  Why must you torture me like this?

I know this feeling dude. Constant "oh hey I can make some money" after slightly coming out of a trough and then immediately after the price starts going back down and there's a ton of money lost.

I'm REALLY considering buying now, but we're up so high and the disappointment is crushing, so I might keep what I have and just sell at the near-peak.

[brokedummy]

I'm not going to be filthy rich because I started with very little capital, but despite several major fuck-ups I have more bitcoin than I ever bought and the price is higher than all prices I paid. I'm so grateful that there are so many stupid people out there who must have lost their fortunes to crypto traders over the past 3 years I've been here. I'm ready to chew up and spit out a new wave of clueless noobies, cheers.

[Zitudent]

I'm not going to be filthy rich because I started with very little capital, but despite several major fuck-ups I have more bitcoin than I ever bought and the price is higher than all prices I paid. I'm so grateful that there are so many stupid people out there who must have lost their fortunes to crypto traders over the past 3 years I've been here. I'm ready to chew up and spit out a new wave of clueless noobies, cheers.

If you save 1 bitcoin a year, you will be very rich.

[SvenBomvolen]

I'm not going to be filthy rich because I started with very little capital, but despite several major fuck-ups I have more bitcoin than I ever bought and the price is higher than all prices I paid. I'm so grateful that there are so many stupid people out there who must have lost their fortunes to crypto traders over the past 3 years I've been here. I'm ready to chew up and spit out a new wave of clueless noobies, cheers.

If you save 1 bitcoin a year, you will be very rich.

   I still dont have 1 BTC, I'm less then a year here, and I have 5 more months to get to that one year. In this point I have around 0.2 BTC, but now I'm earning more then on start so maybe there is chance for me to make 1 BTC per year.
   If there is just a half of true in this topic and your wishes than I'm happy cause I'm here and making bitcoins, little by little, this kind of topics are making me feel more confident.

[unknown04]

I'm not going to be filthy rich because I started with very little capital, but despite several major fuck-ups I have more bitcoin than I ever bought and the price is higher than all prices I paid. I'm so grateful that there are so many stupid people out there who must have lost their fortunes to crypto traders over the past 3 years I've been here. I'm ready to chew up and spit out a new wave of clueless noobies, cheers.

If you save 1 bitcoin a year, you will be very rich.

   I still dont have 1 BTC, I'm less then a year here, and I have 5 more months to get to that one year. In this point I have around 0.2 BTC, but now I'm earning more then on start so maybe there is chance for me to make 1 BTC per year.
   If there is just a half of true in this topic and your wishes than I'm happy cause I'm here and making bitcoins, little by little, this kind of topics are making me feel more confident.

u should at least get 1 bitcoin in the beginning and hold.

[piramida]

Precisely, institutions and VC money stand behind it now.

During the run up to $266 and $1163 it was small timers who saw potential and libertarians who was buying. Things are different now.

fair enough but i just can't see these guys being keen on initiating bubbles by enriching the scum who held the torch for so long. i guess at some point someone has to shit or get off the pot but they didn't get rich by announcing to the world that they were gonna make others rich first.

But they will, if they want in at all. If they don't, the price will eventually creep up anyway as billions of joes around the world start using it. And they know this.

Yep. They tried building "their own" instead, thrown money at some black holes and figured out from experience that it does not work that way. So they secretly started stashing.

[Ibian]

Precisely, institutions and VC money stand behind it now.

During the run up to $266 and $1163 it was small timers who saw potential and libertarians who was buying. Things are different now.

fair enough but i just can't see these guys being keen on initiating bubbles by enriching the scum who held the torch for so long. i guess at some point someone has to shit or get off the pot but they didn't get rich by announcing to the world that they were gonna make others rich first.

But they will, if they want in at all. If they don't, the price will eventually creep up anyway as billions of joes around the world start using it. And they know this.

Yep. They tried building "their own" instead, thrown money at some black holes and figured out from experience that it does not work that way. So they secretly started stashing.

Their mistake, their obvious and inevitable mistake, was to centralize whatever they did. The core of what makes bitcoin bitcoin is that there is nobody to bribe, nobody to threaten, nobody who can tinker with the code. It just runs on its own, forever. Like a force of nature.

[HankTheTank]

i am already filthy rich because i was wise enough to buy when market was silent and many people specially around here were saying bitcoin will crash to $100 but i was buying constantly at super duper cheap prices now i have made nearly 4 digits % profit on my money because of the trades.

U sound awesome!

That is pretty insane and nice, I think that you did a well job but you need the balls to do this, sometimes you have to take the risks and that is what you have done, you are a good example.

[electronicash]

Its not ideal to hold btc still when there are tons of tokens that will soon have better value than the rest.  I think those investors who bought btc with fiat intends to buy tokens such as ICN.

[angaper]

I do not believe in religions. And unfortunately, over the years I have learned that technical analysis is one of them, and perhaps one of the most superstitious.

[Shiroslullaby]

The rise from $800 to $900 could be very quick, so early investors stand to make a LOT of money if they still have their coins.
Even if we see a small dip the bottom seems pretty high these days.

[tabnloz]

Precisely, institutions and VC money stand behind it now.

During the run up to $266 and $1163 it was small timers who saw potential and libertarians who was buying. Things are different now.

fair enough but i just can't see these guys being keen on initiating bubbles by enriching the scum who held the torch for so long. i guess at some point someone has to shit or get off the pot but they didn't get rich by announcing to the world that they were gonna make others rich first.

But they will, if they want in at all. If they don't, the price will eventually creep up anyway as billions of joes around the world start using it. And they know this.

I don't think the 'making those early adopter assholes rich' is relevant. If they want in they have to pay out the early holders, like it or not.

It is whether 'big money' sees the potential in it to make further money and subsequently has the avenues to buy in significantly.

Historically its beaten every other asset into the ground apart from the 1 year; I actually hope bankchains take off - gives bitcoin a shitload more credibility if the banks adopt its technology

[CoinCidental]

Precisely, institutions and VC money stand behind it now.

During the run up to $266 and $1163 it was small timers who saw potential and libertarians who was buying. Things are different now.

fair enough but i just can't see these guys being keen on initiating bubbles by enriching the scum who held the torch for so long. i guess at some point someone has to shit or get off the pot but they didn't get rich by announcing to the world that they were gonna make others rich first.

Kim Dotcom and Vinny lingham are a  couple of people who have advised to buy btc in the past and correctly predicted a rise

KIm says $2k in 2017 and Vinny says $3k  so the market is looking rather positive wit institutions and hedge funds warming up to the idea of adding btc to their mega stack

[tabnloz]

No way will I buy now.

Every freakin' time I buy, the price drops 10% the next day and slowly dwindles while feelings of depression rise.

If I think, 'hey I could make a profit selling right now' and actually sell some BTC - guess what happens the next day? $50 increase.

Same thing with alts...I'll hold for months, only to sell during a small rise and see its price skyrocket THE VERY NEXT DAY.  Why, god?  Why must you torture me like this?

Protip: HODL. That is the only true way. HODL with a few year target. Get rewarded. Try catching spikes? Lose all. Simple.

It may be a meme but it has been a successful strategy for pretty much all of btc's existence. That doesn't discount the brutal bear market we've endured, but shit if you bought in 2012-13 you could have just did nothing and been up 1000%.

[talkbitcoin]

all of the early adopters are going to be filthy rich and it is all about when you get in. if you got in back in 2009 you could have gained $1200 per coin, if 2014-2015 you could have gained $700 per coin and if 2016 you could have gained ~$300 and so on.

and soon there will be a day when people are going to regret not getting in today either because price is going to be 10K