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Author Topic: Not cool guys....  (Read 1013 times)
Ceejay
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July 18, 2011, 04:42:15 AM
 #1

Why didn't any of you tell me about bitcoin when the price was less then a dollar? I am disappoint.
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
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crazy-pilot
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July 18, 2011, 04:44:19 AM
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 Because most of us didn't know about it as well... So, you are lucky man if several months later we will have over $100 per BTC...

GlenBot
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July 18, 2011, 04:49:08 AM
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I firmly believe that anyone starting on bitcoin right now will still be considered an early adopter, and you can/will be heavily rewarded if you're looking at making this a long-term (>1 year) investment.

Ceejay
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July 18, 2011, 04:52:45 AM
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It's pretty funny because a buddy of mine mined like 1000 coins on just his cpu. Then he pretty much lost interest and forgot about it completely. He just learned two days ago what the current price is.
tysat
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July 18, 2011, 04:53:45 AM
 #5

I firmly believe that anyone starting on bitcoin right now will still be considered an early adopter, and you can/will be heavily rewarded if you're looking at making this a long-term (>1 year) investment.



And that's why I just built a mining rig, I'm will to wait for it to be worth it.  So many people are only looking short term at bitcoin.
Ceejay
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July 18, 2011, 04:59:17 AM
 #6

Well I just dropped 1500 dollars into mtgox cause I'm very interested to say the least.
joulesbeef
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July 18, 2011, 05:16:14 AM
 #7

I am mad i missed the security now podcast on it a few months ago. I used to listen to that podcast religiously and recently work and other things kept me distracted from my normal podcast listening.

But hindsight is also better than 20/20 would you have actually adopted bitcoins at a dollar? at ten cents?

Look at namecoins, they are still pretty low costs.. have you jumped on namecoin? why not?

mooo for rent
Alex Beckenham
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July 18, 2011, 05:22:51 AM
 #8

Look at namecoins, they are still pretty low costs.. have you jumped on namecoin? why not?

Because it hasn't peaked at $32 and then dropped back to $11 yet.

bitnotifications
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July 18, 2011, 01:21:55 PM
 #9

I wonder how many bitcoins the founders/early members set aside for themselves because bitcoins were essentially free back then. When you are the only node in the network you control the difficulty.

฿฿฿ Bitcoin Prices in your taskbar: bitcoin-prices.com ($ and €, now, 24h ago, 7d ago and 1 month ago at the same time) ฿฿฿
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July 18, 2011, 01:43:54 PM
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I wonder how many bitcoins the founders/early members set aside for themselves because bitcoins were essentially free back then. When you are the only node in the network you control the difficulty.

I'm guessing alot if I understood this correctly
http://blockexplorer.com/ Largest transactions : Amount column : 33000 ++ transactions.

People are transferring 33000++ btc whilst I'm transferring pathetic 1-2 from pools. lol ...
Grouver (BtcBalance)
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July 18, 2011, 01:51:31 PM
 #11

Well I just dropped 1500 dollars into mtgox cause I'm very interested to say the least.

Don't invest more then you can afford to lose!  Wink

Graet
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July 18, 2011, 02:05:26 PM
 #12

+1
consider your situation before investing and how long for ROI and power costs to be covered.
also look carefully at the available pools and find the one that suits you best Smiley hope bitcoin is good to you all Cheesy

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
bitcon
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July 18, 2011, 03:05:34 PM
 #13

seems like miners and speculators are selling scared right now.  if you wait a few more days it might drop  even more.  enough to buy really low - cheaper than mining.. .  some consider the price low even at $13.

CaptainDDL
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July 18, 2011, 03:28:38 PM
 #14

Oh wow, we fell below the $13 mark. How low we go now, nobody knows.
Yatta99
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July 18, 2011, 04:47:32 PM
 #15

We need a congress critter to come back out and start making bullshit, fear-mongering statements to send the price back up to $25  Grin

Tips for new box to: 16s14wcsNo5TcdsGLttL7B1XWiCv8E4L6A
Not Drinking The Kool-Aid
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July 18, 2011, 06:25:57 PM
 #16

Look at the facts: lots of people mining and hoarding, but hardly anybody spending or willing to hand over $ for BTC. That's a recipe for a sharp decline.

"If you kill me you will not easily find another like me...a sort of gadfly, given to the state by the God."
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