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Author Topic: remember bitcoin  (Read 1538 times)
afbitcoins (OP)
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June 07, 2017, 09:42:39 PM
 #1

Less than a year ago people were saying bitcoin wont reach a thousand dollars.

That is all
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June 07, 2017, 09:46:26 PM
 #2

Less than a year ago people were saying bitcoin wont reach a thousand dollars.

That is all

Everywhere in the world we have unbelievers and believers that is why we call it a world.
Those are the guys who were just jealous by Bitcoin and now they are thinking why didn't we invested in Bitcoins? Why haven't we adopted it?
Still, there are some guys who think that it's just bump and Bitcoin will dump again. What can we do with them? Nothing.
We adopted Bitcoin, We predicted, We are happy what else we want?


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FlamingFingers
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June 07, 2017, 09:49:30 PM
 #3

Yeah, I do remember. Just a month before last year's Christmas, people were hoping they would get some profit from buying at $500-$700 and selling at $1,000+. There was a lot of FUDs around here saying that bitcoin would crash hard if it even reached $1,000. Now, look where we stand. Good ol' days.

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June 07, 2017, 09:57:20 PM
 #4

I look up my cold wallet addresses through blockchain.info, just because I like the current value that it displays, and at the same time the value at the moment the coins were sent in. I think that's a good form of remembering how far I made it. Smiley
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June 07, 2017, 11:00:50 PM
 #5

Yes. No one really predict that bitcoin would reach greater heights that we are enjoying right now. 3000$ price is almost there. Last Dec 2016 there was a rally because the year end then March we saw the price go sub 1000$ but Japan come out of nowhere to push the price to the current level. And it just shows that bitcoin recovery is so amazing as well. Let's just wait till the year end and see what price it could bring to us.

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June 07, 2017, 11:09:20 PM
 #6

That means if they do not believe with bitcoin. But a lot of people get stressed right now due to the price of bitcoin worth thousands of dollars right now.

They are regretting the best chance to be a millionaire for instantly by using bitcoin. This time all of them fully with the pathetic words to not invest in bitcoin at the early phase.

What will happen if the price of each bitcoin worth over $10,000 in the future?   Roll Eyes

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June 07, 2017, 11:17:43 PM
 #7

I just noticed that I spent a lot of money on the transaction fee  Grin.  Seeing how I move my bitcoins almost everyday to day trade on different exchanges.  When I see the logs of my transactions, I realized it was once not worth saving transaction but now, we need to minimize the movement of our BTC, and if ever, convert it to altcoins to save some pennies before moving it to other exchange..
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June 07, 2017, 11:27:56 PM
 #8

I just noticed that I spent a lot of money on the transaction fee  Grin.  Seeing how I move my bitcoins almost everyday to day trade on different exchanges.  When I see the logs of my transactions, I realized it was once not worth saving transaction but now, we need to minimize the movement of our BTC, and if ever, convert it to altcoins to save some pennies before moving it to other exchange..
Well, it's not worth 'pennies' nowadays. Now, the lowest, most reasonable fees are 0.001BTC with delays, of course. That is $2.68 worth of bitcoin! It's doge time, I think – it's available on every exchange with fees ranging between 1-10 doges (equals 126-1260 Satoshis, at current rate), and it's almost instant.

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June 08, 2017, 05:38:06 AM
 #9

funny because now the same people will say that bitcoin will crash and won't reach $5k or 10K, then when they are proved wrong again they repeat the same sentence

i guess they want cheap price all the time to buy back, and spread fuds because of this, or they can't see the huge potential here
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June 08, 2017, 06:46:20 AM
 #10

funny because now the same people will say that bitcoin will crash and won't reach $5k or 10K, then when they are proved wrong again they repeat the same sentence

i guess they want cheap price all the time to buy back, and spread fuds because of this, or they can't see the huge potential here
Agreed, even before the price increase the users were making better speculations that the price reaches $2500 and even higher​. Soon everything happened in a unexpected time and took the price reach close to $3000. As said few amongst used to spread fuds to profit on buying low.

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June 08, 2017, 06:57:18 AM
 #11

I just noticed that I spent a lot of money on the transaction fee  Grin.  Seeing how I move my bitcoins almost everyday to day trade on different exchanges.  When I see the logs of my transactions, I realized it was once not worth saving transaction but now, we need to minimize the movement of our BTC, and if ever, convert it to altcoins to save some pennies before moving it to other exchange..
Well, it's not worth 'pennies' nowadays. Now, the lowest, most reasonable fees are 0.001BTC with delays, of course. That is $2.68 worth of bitcoin! It's doge time, I think – it's available on every exchange with fees ranging between 1-10 doges (equals 126-1260 Satoshis, at current rate), and it's almost instant.

Bitcoin has become very punishing towards low denomination users. Transactions below 1 BTC are not even worth it because of the fees which sometimes go as high as 0.002 BTC when mempool backlogs are high. How are people going to use this currency for their daily need when all you need is 0.01 BTC to purchase groceries and stuff and 10% of that are fees? Some countries are legalizing Bitcoin but nobody has an answer to these issues.

Some of the local exchanges in my country don't allow you to specify a fee and they will send with fees as high 0.003 BTC to ensure a fast and smooth transaction but you end up feeling ripped off after seeing what you received in your wallet.
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June 08, 2017, 05:35:29 PM
 #12

Well it is always amusing when we saw someone belittling Bitcoin and underestimating its potential. Bitcoin just proved them wrong.

Some do that in order to fool easy-to-believe folks so that they will sell their coins at a low price to them or cash them out just to make the price of bitcoin to decline. They use these method, or I say SCHEME, just to gain more for themselves. Shame on these selfish trollers.

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June 08, 2017, 07:01:24 PM
 #13

Less than a year ago people were saying bitcoin wont reach a thousand dollars.

That is all

And not we can rubbed it to their face and tell them "I told you so". LOL. Bitcoin has many distractors early on and up to this day. But they can't deny that bitcoin has faced a lot of them, every roadblocks, every criticism. And now the price is almost $3000. I think they won't quit though, but the more they predict the death of bitcoin, the more bitcoin will resurrect and the price reaching new levels. If I were them, I will just join the bandwagon that is bitcoin so that they can start earning and profiting from it thru investing.

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June 08, 2017, 07:45:10 PM
 #14

Less than a year ago people were saying bitcoin wont reach a thousand dollars.

That is all

And not we can rubbed it to their face and tell them "I told you so". LOL. Bitcoin has many distractors early on and up to this day. But they can't deny that bitcoin has faced a lot of them, every roadblocks, every criticism. And now the price is almost $3000. I think they won't quit though, but the more they predict the death of bitcoin, the more bitcoin will resurrect and the price reaching new levels. If I were them, I will just join the bandwagon that is bitcoin so that they can start earning and profiting from it thru investing.

You cannot do that everyone has a right to say anything. People are allowed to predict they are allowed to tell their own predictions to everyone. Maybe, Those guys predicted it wrong but that doesn't mean they are not accepting the fact. They may also have adopted Bitcoin.


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June 08, 2017, 07:59:07 PM
 #15

Less than a year ago people were saying bitcoin wont reach a thousand dollars.

That is all

In other words Preach it and let the world know the great value of Bitcoin and cryptocurrencies over time.
But it does make people who made the choice to enter into crypto feel better that we are showing strong returns and show the dissenters who said the currency is dead that it is alive thriving and growing as a whole new industry.
We may have challenges and puzzles but at the end of the day we shall succeed as a whole.

Believing in Bitcoins and it's ability to change the world
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June 08, 2017, 08:05:50 PM
 #16

Less than a year ago people were saying bitcoin wont reach a thousand dollars.

That is all

Most of people speculate back then that if ever $1,000 will be reached, expect a big dump after it. Also I remember after the halving, price behaves and no such movement of price increase that's why only few speculate that the price will reached above $1,000.

But I understand them. Majority of us here build speculation because we all don't know what will happen in the future. We can really say that speculation is one of the factor even at less percentage why bitcoin price is increasing.
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June 08, 2017, 08:38:09 PM
 #17

Less than a year ago people were saying bitcoin wont reach a thousand dollars.

That is all
That's what I'm saying for the people that doubt bitcoin at the moment. The price is definitely going to go up soon and before the uasf I'm pretty confident that 5k might be reached because of people fomoing about the upcoming segwit. However, we should take into consideration the fact that it was easier for the price to grow before because less buying power was needed to make the price grow. That means that the price cannot multiply itself as easy as it could have done a few years back when the interest in bitcoin was much lower.
funny because now the same people will say that bitcoin will crash and won't reach $5k or 10K, then when they are proved wrong again they repeat the same sentence

i guess they want cheap price all the time to buy back, and spread fuds because of this, or they can't see the huge potential here
Can't agree with you. The people who said that bitcoin won't reach the 1k are buying right now like crazy hoping that they still haven't missed the train, at least that's what a couple of people that I know are doing. Right now as new adoption level has started, new doubters came in. They will be buying bitcoin after a year or so as well...

 
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June 08, 2017, 09:06:40 PM
 #18

I was just looking at the snapshots of coinmarketcap.com starting from 2013 and I saw how the shitcoins started to appear month after month and year after year, and to my surprise I spotted some crazy prices for Bitcoin around $800 and above in 2014 or 2015.
LTC being as low as $1.5 and there was a coin named ETC or ethercoin I wonder what was that all about? and now I think they are going to pump LSK I mean why not pump it to $200+ since it's a legit project and is a platform for developers pretty much like ETH.
In coinmarketcap if you click on "tools" you should see the historical snapshots.

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June 08, 2017, 09:52:42 PM
 #19

I was just looking at the snapshots of coinmarketcap.com starting from 2013 and I saw how the shitcoins started to appear month after month and year after year, and to my surprise I spotted some crazy prices for Bitcoin around $800 and above in 2014 or 2015.
LTC being as low as $1.5 and there was a coin named ETC or ethercoin I wonder what was that all about? and now I think they are going to pump LSK I mean why not pump it to $200+ since it's a legit project and is a platform for developers pretty much like ETH.
In coinmarketcap if you click on "tools" you should see the historical snapshots.

I have some screenshots of prices which is awsome to look at and see how quick this really came together.  Take those screenshots now cause we will all probably wish someday we bought at these crazy low prices of $2700/btc  Cheesy
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June 08, 2017, 10:34:13 PM
 #20

Bitcoin has become very punishing towards low denomination users. Transactions below 1 BTC are not even worth it because of the fees which sometimes go as high as 0.002 BTC when mempool backlogs are high. How are people going to use this currency for their daily need when all you need is 0.01 BTC to purchase groceries and stuff and 10% of that are fees? Some countries are legalizing Bitcoin but nobody has an answer to these issues.

Some of the local exchanges in my country don't allow you to specify a fee and they will send with fees as high 0.003 BTC to ensure a fast and smooth transaction but you end up feeling ripped off after seeing what you received in your wallet.
I remember also when people were paying fees like 0.0003BTC and getting mad over it, now look where we stand. That's all because we cannot solve bitcoin scaling issue (a bit of greed and arrogance), and the huge spam transactions (whether that's true or not, but still) make fees insanely high. I day-trade on exchanges, so I totally feel your pain, mate.

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