Depressed that I was not an early adopter

[deisik]

LTC is dropping last couple days. Correction?

-26% in the last 24hours and going down.

Some people are obviously changing horses while it is not too late...

[Lauda]

Some people are obviously changing horses while it is not too late...

There goes my money, damn you LTC.

[Wendigo]

Like a popular song from Justin Bieber sings: never say never brother 

[Lauda]

Like a popular song from Justin Bieber sings: never say never brother 

Kill it, kill it with fire.

[deisik]

Some people are obviously changing horses while it is not too late...

There goes my money, damn you LTC.

There can be only one. And it appears that LTC is not that one...

[laowai80]

Wow, you guys are so fast to jump to conclusions, just wait it out till Monday, LTC was 2x cheaper than now only a week ago. It'll be back up before you can blink.

[Lauda]

Wow, you guys are so fast to jump to conclusions, just wait it out till Monday, LTC was 2x cheaper than now only a week ago. It'll be back up before you can blink.

Then again it might go back to that price. Went to 0.028 today hmm.

[Mondy]

Many people were not early adopters

[comet1440]

 I had 2 btc I bought for $12 but sold them for $20. 

[joshv06]

I've been here since early 2011. Started from the bottom now I'm here. I loved the GPU mining days.

[Anon136]

Can't help but feel this way

as crazy as it sounds. you might be an early adopter.

"If you moved just 1% of the cash balances from off shore tax haven bank accounts, which currently hold estimated 30 trillion dollars of value, if you move just 1% of that into bitcoin you are looking at 2.8 million dollars per bitcoin" -trace mayer

[coins101]

Considering what Bitcoin does, does what Gold does, Functions as Cash, is insanely programmable... this thing is a game changer... final absolute Valuation.  15 Trillion dollars... it does everything that other systems do, better.

If it ever started to get to those levels, then governments would be too scared and seek to control or shut it down.

I don't know if this is a real problem, but it seems to me that the ever increasing difficulty with mining is pushing BTC through a smaller number of organized players, pro miners. This makes it easier to shut down the network. If that is the case, a coin that is based on GPU mining is harder to shut down.

[Georgio]

"If you moved just 1% of the cash balances from off shore tax haven bank accounts, which currently hold estimated 30 trillion dollars of value, if you move just 1% of that into bitcoin you are looking at 2.8 million dollars per bitcoin" -trace mayer

Hmm not true. If at this present moment we have market capitalization $12 Trillion, Then one Bitcoin is going to worth $1 Mil.

1% of $30 Trillion is $300 Billion. If the market capitalization is $300 Billion then one Bitcoin's worth now will be  $25000 not $2.8 milion like you said.

So we need $12 Trillion fresh money flow into Bitcoin. Certainly possible! Within 4-5 years from now. Who knows maybe even 3-4 years.

[Lauda]

I've been here since early 2011. Started from the bottom now I'm here. I loved the GPU mining days.

Those days are right now, just not for bitcoin.

[coins101]

I've been here since early 2011. Started from the bottom now I'm here. I loved the GPU mining days.

Those days are right now, just not for bitcoin.

I agree somewhat for new mining starters, like me, that's why i just got a new powercolor GPU.

[bitpop]

I mined 50/day using cpu in like 2011 and i was like ehh and quit. came back crying with gpus in 2012.

[Lauda]

I agree somewhat for new mining starters, like me, that's why i just got a new powercolor GPU.

You chose a poor brand.

[PenAndPaper]

I think that it's exactly this depression that pushes people towards the altcoins. They just want to feel super early adopters 

[bitpop]

Where is suicide cOin

[jzcjca00]

I think that it's exactly this depression that pushes people towards the altcoins. They just want to feel super early adopters 

I've never really understood the popularity of altcoins.  You're suggesting that some people would rather be very early adopters of a silly idea than somewhat later early adopters of a good idea?

I guess that makes some sense.  I've noticed that news organizations are usually more concerned with reporting the news fast than accurately.  Is this another manifestation of that same tendency to value speed over quality?

But what happens when they eventually realize that they got it wrong?  Don't they wind up even more depressed?  Journalists don't even seem to notice their own track record of bad reporting.  Are their memories really that bad?

Most people in the world primarily use one currency, whichever one is in most widespread use where they live.  Our challenge is to switch everyone over to using a new currency, a job that is made harder by the fact that banks and the socialists running our governments oppose us.  Altcoins are nothing more than an annoying distraction from our job.  We're not going to convince people to use dozens of different currencies.  That's just silly.

Why don't people think this through?