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Author Topic: Have we underestimated Bitcoin?  (Read 2977 times)
narutos
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September 03, 2017, 07:54:40 AM
 #81

Time wil tell, but Bitcoin still has lots of potential as bankers n the mass starting to recognize it.
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The trust scores you see are subjective; they will change depending on who you have in your trust list.
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September 03, 2017, 02:40:27 PM
 #82

Yes, I agree . That's because some of them accept to sell all bitcoins at a high bitcoin price. They do not think that the benefits and values will increase in the future. I think the potential of Bitcoin is great because we should keep buying and keeping it in the future.

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September 03, 2017, 02:44:08 PM
 #83

most people do, the culture of kills us why we are underestimating bitcoin. Most of do not understand what fiat currency is. Until we understand the concept, we can say BTC is better than GOLD and PAPER.
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September 03, 2017, 03:12:59 PM
 #84

I think we do, specially in the beginning of bitcoin technology. That 's why only those who really believed has really benefited from where it went today. Those early adopters who didn't underestimate but for most we felt sorry for them.

And now look at where bitcoin is, although the price is going down now, who wouldn't imagine that it can touch $5000? So I hope that as what bitcoin has done globally, we should learn from our mistakes and not underestimate moving forward but to put our trust on it specially that we have still a long road ahead.
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September 03, 2017, 03:16:16 PM
 #85

Yes, I agree . That's because some of them accept to sell all bitcoins at a high bitcoin price. They do not think that the benefits and values will increase in the future. I think the potential of Bitcoin is great because we should keep buying and keeping it in the future.
You are holding while you do not know the reason make Bitcoin increase in this month, is right? You just are fearing of missing out if you so you want buy Bitcoin today, because Bitcoin cannot breakout $5,000 is truth. Grin
olliedickman
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September 03, 2017, 03:31:44 PM
 #86

actually i am underestimated bitcoin in 2015 when i am first time knew bitcoin. but after the end of 2015, i know the price is start to increase, i read many source and i learn many thing, then i realize that bitcoin is different than any investment i know. so i start to believe in bitcoin and finally i use bitcoin and in 2016, i see the price is increase more. finally in the middle of 2016, the price start getting up and this year, bitcoin price reach the highest price that i can see. so from time to time, i am trying to be sure and believe with bitcoin in any circumstances.
yes, we used to. Couple years ago, Bitcoin was really underestimated and even many people think that Bitcoin was a scam. At that time, Bitcoin was invaluable. That's why it couldn't bring enough trusts to us. However, It is different now, Bitcoin has given hopes to people.
BitcoinPanther
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September 03, 2017, 04:06:43 PM
 #87


I never underestimated Bitcoin.  I know from the start that bitcoin will get stronger and the community will grow as time goes by.  I also believe that bitcon scaling problem will be solved in due time. Its that people are just too impatience and cannot wait until all is set to its proper place.  By then I know bitcoin will still increase in price until the market saturation level is maximized.
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September 03, 2017, 04:26:57 PM
 #88

I agree with you. There are still many trains which are old and obsolete but it is still used for many years cause it is strong and secure, cheap too. But in somehow, bitcoin is not as good as you think because technology changes every year and cause of that, the people want more in bitcoin than normal

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September 04, 2017, 07:07:43 AM
 #89

I used to underestimate bitcoin because of an event. but I now know why bitcoin is the best. and I will never experience the same mistake.

Me too, I underestimate bitcoin and sells each time I gain profit, but bitcoin has proven something, now I won't hesitate to invest even more after witnessing everyrhing that happens to bitcoin this past months.
If you want investing to Bitcoin now, I recommend you should wait confirm the trend of Bitcoin and crypto market in next time, do not let FOMO on market make you have wrong decision. Hurry and greedy are enemy when trading.
I don’t think so it is wrong time for investing into bitcoins. If the investor has not big amount for buying bitcoins, he must wait until the prices go down little and that is not possible before the commencement of 2018. But if he has a sufficient amount, it is the right time to invest to enjoy ride for 5k dollars. 
winterland
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September 04, 2017, 11:29:31 PM
 #90

I don't know why some people view bitcoin as a pozi scheme, there is a far different between bitcoin and ponzi.
Bitcoin is a digital currency while ponzi is just a program that runs it activities with money. And until we understand this fact people will keep on selling there bitcoin as soon as they get it cause of the fair of losing they investment.
The best way is to study and understand it and keep drinking the old wine cause it tast the best.
If there exist such kind who thinks of Bitcoins as some ponzi scheme, they are the illiterate ones than. I would recommend them to Google their questions and clear their doubts before opening their mouths. If someone does not care about his loss then I would let him taste it.
Let them think those ridiculous thoughts while we benefit from bitcoin at the end they are the ones that are going to be crying for not getting in bitcoin when they had the chance to get it for cheap and at that time that will no longer be an option for them.
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September 05, 2017, 12:14:50 AM
 #91

Everyone including you and me underestimated it. Otherwise we would have bought a long time ago. Lots of people never thought it would go above $100. Then it went above $1,000. Then people doubted if it would go above $3,000. I personally thought it was going to crash, but sure enough it went above $3,000 and then $4,000! Now, I do not doubt Bitcoin any more. My opinion is someday it will be worth over $1,000,000. Smiley



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DainSLane
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September 05, 2017, 02:06:17 AM
 #92

actually i am underestimated bitcoin in 2015 when i am first time knew bitcoin. but after the end of 2015, i know the price is start to increase, i read many source and i learn many thing, then i realize that bitcoin is different than any investment i know. so i start to believe in bitcoin and finally i use bitcoin and in 2016, i see the price is increase more. finally in the middle of 2016, the price start getting up and this year, bitcoin price reach the highest price that i can see. so from time to time, i am trying to be sure and believe with bitcoin in any circumstances.
yes, we used to. Couple years ago, Bitcoin was really underestimated and even many people think that Bitcoin was a scam. At that time, Bitcoin was invaluable. That's why it couldn't bring enough trusts to us. However, It is different now, Bitcoin has given hopes to people.
Yeah some of us underestimated bitcoin back then earning bitcoin is easy at first when the price is not that big some people in the past ignore bitcoin like me i don't know what it is and i think it's a scam when i was a newbie and now here we are hoping to get 1bitcoin and work hard, waiting to earn profit from bitcoin by holding it for longterm.
DoublerHunter
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September 05, 2017, 04:30:08 AM
 #93

actually i am underestimated bitcoin in 2015 when i am first time knew bitcoin. but after the end of 2015, i know the price is start to increase, i read many source and i learn many thing, then i realize that bitcoin is different than any investment i know. so i start to believe in bitcoin and finally i use bitcoin and in 2016, i see the price is increase more. finally in the middle of 2016, the price start getting up and this year, bitcoin price reach the highest price that i can see. so from time to time, i am trying to be sure and believe with bitcoin in any circumstances.
yes, we used to. Couple years ago, Bitcoin was really underestimated and even many people think that Bitcoin was a scam. At that time, Bitcoin was invaluable. That's why it couldn't bring enough trusts to us. However, It is different now, Bitcoin has given hopes to people.
Yeah some of us underestimated bitcoin back then earning bitcoin is easy at first when the price is not that big some people in the past ignore bitcoin like me i don't know what it is and i think it's a scam when i was a newbie and now here we are hoping to get 1bitcoin and work hard, waiting to earn profit from bitcoin by holding it for longterm.
We already learned our lesson and that is not to underestimate the power of bitcoin. Back in the day that almost all the people that i know always laugh at bitcoin because they think that bitcoin is just a waste item in the internet but now are they are regretting it because they saw the price that it is too high and it is not affordable for them to buy at least 1 of it.
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September 05, 2017, 05:16:31 AM
 #94

it's my first time to know bitcoin I underestimated and it turns out my opinion about bitcoin wrong, I just believe bitcoin after my brother succeed in bitcoin, since then I also invested in bitcoin and I admit my mistake about bitcoin
narutos
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September 05, 2017, 06:25:42 PM
 #95

Thats why not all of us bought in when it was a few cents, dollars a few years back.
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September 05, 2017, 06:36:05 PM
 #96

Yes, bitcoin has been greatly underestimated in the past and many people still do not believe in it. I don't really get your analogy about the old train. Btc is not an old train, it is growing, developing and facing innovation. It is not stuck in the past.
As of now some people still underestimated bitcoin and some them are do not believe to the potential of bitcoin. In addition to that, I think you should not understimated it from its apperance. Bitcoin is still developing and still growing. Lastly, I believe that bitcoin has a good future.
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September 05, 2017, 06:40:51 PM
 #97

In my opinion, yes! My friends told me that there is no government support, so bitcoin is unsafe. But this is exactly what makes bitcoin safe! In future we will need a cryptocurrency and bitcoin will always be the first one.

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September 08, 2017, 05:15:02 AM
 #98

it's my first time to know bitcoin I underestimated and it turns out my opinion about bitcoin wrong, I just believe bitcoin after my brother succeed in bitcoin, since then I also invested in bitcoin and I admit my mistake about bitcoin
You admitted your fault and have already made a correction so now you just need to be happy and feel proud i yourself because most of the people are not like this.

Bitcoin is the future currency and it is going to progress even more. Mostly people ignore it at first sight but it is better late than never.

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winterland
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September 09, 2017, 09:49:15 PM
 #99

I used to underestimate bitcoin because of an event. but I now know why bitcoin is the best. and I will never experience the same mistake.

Me too, I underestimate bitcoin and sells each time I gain profit, but bitcoin has proven something, now I won't hesitate to invest even more after witnessing everyrhing that happens to bitcoin this past months.
If you want investing to Bitcoin now, I recommend you should wait confirm the trend of Bitcoin and crypto market in next time, do not let FOMO on market make you have wrong decision. Hurry and greedy are enemy when trading.
I don’t think so it is wrong time for investing into bitcoins. If the investor has not big amount for buying bitcoins, he must wait until the prices go down little and that is not possible before the commencement of 2018. But if he has a sufficient amount, it is the right time to invest to enjoy ride for 5k dollars. 
Any amount that you can invest in bitcoin is fine, having some earnings is better than to have no earnings at all, it is true you are not going to get much at all but that is the way it is until you raise more money.
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September 09, 2017, 11:45:53 PM
 #100

Everyone including you and me underestimated it. Otherwise we would have bought a long time ago. Lots of people never thought it would go above $100. Then it went above $1,000. Then people doubted if it would go above $3,000. I personally thought it was going to crash, but sure enough it went above $3,000 and then $4,000! Now, I do not doubt Bitcoin any more. My opinion is someday it will be worth over $1,000,000. Smiley

Right You say I'm one of those people who underestimate bitcoin because I think the coin will go up fantastic this year. But all doubts about Bitcoin are now gone, because I'm also pretty sure in the next few years the price will go up. and I also believe the price could reach $ 10,000.
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