Remember when this looked like the end of the world?

[Mometaskers]

Wow, $15, now it even exceeded $15,000. Had I been that early and managed to stay in, I would have been a millionaire now. But then again, they probably never expected it to reach this point. They saw a bubble simply because how it was in comparison to the previous prices they saw.

I would understand why they feel disappointed though.

There will be no end of the world so the sun rises from its setting ie the sun rises from the west but man ever that year will happen

What are you on?

[gabmen]

I was remembering the good old times and saw this:



Back then, a lot of people sold their bitcoins, and never came back. These people are of course hating themselves for life. People like this:



This guy saw a huge, unsustainable bubble at $15, the price went as high as $30+ before the correction. These are the type of guys that are perma-bears and hate people that held it and will try to make you dump just to feel better about how wrong they were.

And also realize how the % of volatility has went down a lot, even with the current ups and downs.

Study the price and the perspective that people had back then to get a better picture.

Lol. I can imagine the regret. More people should have been millionnaires right now if only they trusted bitcoin then. But who would've seriously expected things to turn the way they did right? Lol i sold btcs when it was at 500$ and that was last year. Never did i expect things would go this way

[morkriger]

But that type of behavior is comprehensible, nobody knows the future and each person has their way of thinking. Although I think the same about them nowadays, probably very sorry or probably very calm due they already found truly sense of life goes far beyond of BTC. Greetings!

[Semaj123]

I was remembering the good old times and saw this:



Back then, a lot of people sold their bitcoins, and never came back. These people are of course hating themselves for life. People like this:



This guy saw a huge, unsustainable bubble at $15, the price went as high as $30+ before the correction. These are the type of guys that are perma-bears and hate people that held it and will try to make you dump just to feel better about how wrong they were.

And also realize how the % of volatility has went down a lot, even with the current ups and downs.

Study the price and the perspective that people had back then to get a better picture.

Lol. I can imagine the regret. More people should have been millionnaires right now if only they trusted bitcoin then. But who would've seriously expected things to turn the way they did right? Lol i sold btcs when it was at 500$ and that was last year. Never did i expect things would go this way

No one really expected this kind of increasing value of bitcoin rather than speculation about its volatility. Many of us really regret because of our doubts before and for not trusting its potential value. But it's never too late then to invest in bitcoin because this is not the end of its value and I believe that it will reach up to $25,000.

[AidenCasanova]

sometime when i look behind of what have i done, i just smile to know of bad and good thing that i had done in my life
just like that people that sell in lower price for now but high at that time, i've done that too
i can't blame myself for that because i can't see the future
and also i have less faith and also less knowledge about it

history learn and now i have read so much literature about crypto
but i can say that i'm still an amateure in this big world of crypto trading

so i think just learn and keep walking

[ralle14]

You will never earn all the money in the world. So I think that constantly accumulate coins is a bad idea. How do you know what will happen tomorrow or in a few days? The price of the coins can be reduced and you will be left without anything that have accumulated over several years. You can randomly die (God forbid, of course). What is the meaning of life to save money to not take advantage of them.

It's not bad to accumulate bitcoins as long as you can afford to lose the money you spent on and don't put everything on bitcoin.
For those who are planning to invest they should know the risks before doing this.

Lol. I can imagine the regret. More people should have been millionnaires right now if only they trusted bitcoin then. But who would've seriously expected things to turn the way they did right? Lol i sold btcs when it was at 500$ and that was last year. Never did i expect things would go this way

I, too feel bad for selling a total of 1btc for $600 - $700 last year. Nothing we can do but to move on and learn from our past actions.

There will be no end of the world so the sun rises from its setting ie the sun rises from the west but man ever that year will happen

What are you on?

Lol, he didn't read the first post and only read the title.

[beerlover]

What are you talking about? Why feel sorry for those who sold their bitcoins? They had the opportunity then to buy your coins back. I'm sure many people did. Now, too many people buy and sell bitcoins every day. You all will feel sorry for them? Perhaps in the future bitcoin will be worth $ 100,000. What are we not to sell the coins today?

It was really their choice when they sold it and their decisions as well and you are right, no need feeling sorry for them. However, it is human for most of these guys to feel sorry for themselves, considering the fact that they sold when they though at $30 bitcoin was in a bubble state.

The truth is that we all make decisions based on assumption sometimes and because we cannot really tell what the future holds. If we all did, then most of us won't have made such mistake. Nonetheless, they could have been right or wrong, but unfortunately, it just turned out they were wrong and such is life.

Everyone have their opinion at a certain point in time. The same we have some people who are worried about the increase in value at this moment and then kept calling it bubble is the same way we had people back then and we are going to keep having a lot of them in the future. Even when bitcoin gets to $1,000,000, so many people will still call it a bubble even when it is glaring enough that it isn't.

[denny27]

And just let's talk about anything for now and so on, forget the past and keep moving for a better outcome than before, and it's good to avoid things that are aimed at bringing down the other people.. because that could turns around to our self.

[Idrisu]

I was remembering the good old times and saw this:



Back then, a lot of people sold their bitcoins, and never came back. These people are of course hating themselves for life. People like this:



This guy saw a huge, unsustainable bubble at $15, the price went as high as $30+ before the correction. These are the type of guys that are perma-bears and hate people that held it and will try to make you dump just to feel better about how wrong they were.

And also realize how the % of volatility has went down a lot, even with the current ups and downs.

Study the price and the perspective that people had back then to get a better picture.

This reminds me when many traders were trying to take profits then when the market was going down and some of us were speculating that bitcoin price is going to get to $30 but now bitcoins is now above  $16,000 and many are still saying bitcoin has reached the peak. The reality is that bitcoin is still at the foundation level and a lot need to be done and holding for you to liberates yourself from poverty and slavery that fiat system has created for our society.

[Lucius]

However it should be understood that this is just a beginning of BTC and something serious about it,people knew very little and were deeply skeptical and they probably think this is something that will not last long, and that possible profits should be taken as soon as possible.

Today the situation is a lot different,people know much more and expect a lot more from BTC-they became more aware of some things.Of course there will always be those who think negatively,but it is an integral part of life.

[merchantofzeny]

Well, hindsight is 20/20. It would have taken a lot of trust to hold it from 2011. They just did what seemed like a reasonable action for them back then. They saw that they'd already get enough profit by selling and so they did.

IMHO though the more reasonable action would have been to leave some if they have much more than enough of what they invested. Leaving some bitcoins wouldn't have been a loss anyway.

I cannot say what I would have done at that point because I was not around that time in fact at that time I did not even know what bitcoin was, however I think in order to hold bitcoin for a long time you need a lot more than trust you need to really believe in bitcoin technology, you need to believe it is going to change the world and the way we do things, if you don't then holding for a long time is impossible.

I've only been in it for like a year or so and somehow regret all the money that I withdrew for expenses. It jumped up more than 10x the price it was when I first started.

Probably more people are selling their coins now because of all the FUD after it got to almost $20,000. It's now back to $16,000.

[beerlover]

Wow, $15, now it even exceeded $15,000. Had I been that early and managed to stay in, I would have been a millionaire now. But then again, they probably never expected it to reach this point. They saw a bubble simply because how it was in comparison to the previous prices they saw.

I would understand why they feel disappointed though.

No one expected it and no one can really be blamed. The thing is that just like you, some of us actually wished we had been around back then, but the truth is that no one can turn back the hands of time and we just have to accept whatever comes in the long run. It is a decision and everyone has to be willing to accept whatever decisions they must have made.

It could be hurting though knowing you had the chance, and then you blew it, but that was the level of their own understanding at that time and no one could have seen the future and by the way that dude is on met!

[SamsungBitcoin]

Much better not to looked back because the regret will continue to slap you specially if you didnt invest at that time.
Some people are lucky enough that they discover bitcoin when the value is too low and they buy more than 100 bitcoin but of course they sell it when the value is getting 5x of the original value. I think yes they hate what they did before but i think also there are some pioneer getting back and continue investing in bitcoin to make much higher income.

[audaciousbeing]

Much better not to looked back because the regret will continue to slap you specially if you didnt invest at that time.
Some people are lucky enough that they discover bitcoin when the value is too low and they buy more than 100 bitcoin but of course they sell it when the value is getting 5x of the original value. I think yes they hate what they did before but i think also there are some pioneer getting back and continue investing in bitcoin to make much higher income.

A lot of people who regretted at the time thought they were making the right decision because at the time, they would have made profit or cut their losses and whether it was a stupid or intelligent decision, they have been part of history and without their decisions I dont think we will have something to talk about. The same thing will happen to several of us who have some amount of bitcoin saved up and decide to sell simply because we thought we have either made enough profit or we are skeptical that the price will crash. The people of the future will then assume we made some foolish decisions but right now and now, its the best decision. Lets quit judging and saying they regret, its a gamble that played out wrong for them and hopefully they can live with it which is all that matters.

[Supercrypt]

What are you talking about? Why feel sorry for those who sold their bitcoins? They had the opportunity then to buy your coins back. I'm sure many people did. Now, too many people buy and sell bitcoins every day. You all will feel sorry for them? Perhaps in the future bitcoin will be worth $ 100,000. What are we not to sell the coins today?

Exactly, why feel sorry for such folks  who thought themselves  to be wise and sold their bitcoins  for their fiats. I don't sympathize with them one bit. It's a lesson  for our generation also to learn and not sell at the hearing of a dip or any negative news.

Well, they felt wise in their own sight, or probably they just read so much meaning into a lot of things and then succumbed to some speculations without really making some findings.

It was their call and I am sure a lot of them would have gotten past it by now or probably did not even sell most of their coins just in case and decided to only sell few. Also, they were just kind enough to give some of us at a lower value.

[KEPLER99]

Wow, $15, now it even exceeded $15,000. Had I been that early and managed to stay in, I would have been a millionaire now. But then again, they probably never expected it to reach this point. They saw a bubble simply because how it was in comparison to the previous prices they saw.

I would understand why they feel disappointed though.

There will be no end of the world so the sun rises from its setting ie the sun rises from the west but man ever that year will happen

What are you on?

I think no one can talk about the end of the world right now because neither there is time machine invented nor any other time device so no one know about know about the end of the world except God. If we come to bitcoin then I think that its price is increasing constantly with its demand and importance because its usage is increasing with the speed of light and as a currency its amount is fixed.

[Aba]

If a bitcoin holder in the past has a vision in the future he will certainly hold the bitcoin he has, so he also gets a great income from bitcoin. But humans have different thoughts on bitcoin. and the difference in thinking that makes bitcoin  success as it is today. If everyone becomes seller then who will be the buyer?

[rickadone]

Panic sellers deserve their fate and we should not feel pity form them at all because had it not been those  who kept faith in bitcoin and held their stake in it would it have grown to this value that we are all singing about today? so i don't think they have a part in the merry making.

It was a fate they chose for themselves and I am pretty sure they must have realized their mistakes. Everyone can make mistakes and there is no way we can really tell what the future holds. That was their own mentality about the whole thing back then and they acted based on how they felt. That does not mean they could not have been right, but shit just happens.

[dothebeats]

Never knew bitcoin thoroughly at that time though I'm already hearing about it in reddit. Man that was the era of the bears, also during late 2013-early 2016. Everyone was like full bearish mode and no one really wants to invest except those who really believe that we could achieve higher highs and break the record since it's what bitcoin is destined for. Can't blame the dude though, he's only acting based on what's acceptable and realistic during those times. No one knows bitcoin will be this big in the first place, neither does he.

[barbara44]

Wow, $15, now it even exceeded $15,000. Had I been that early and managed to stay in, I would have been a millionaire now. But then again, they probably never expected it to reach this point. They saw a bubble simply because how it was in comparison to the previous prices they saw.

I would understand why they feel disappointed though.

There will be no end of the world so the sun rises from its setting ie the sun rises from the west but man ever that year will happen

What are you on?

Me too, I wish I had such an opportunity to invest at that time (I even wish I discovered Bitcoin when it was around just $1, cos I remember someone saying that Bitcoin was even sold at the price rate of $0.7 to $0.9, wow, Such a good cheap price rate.

Well, I won’t really blame all those guys that withdrew their money when price rate of Bitcoin was at $30. Who would have believed that BITCOIN will go from such a low rate of $30 to this high price of $15,000plus!