Bitcoin Forum
May 23, 2024, 12:08:05 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 »  All
  Print  
Author Topic: How long did it take you to become a Bitcoin true believer after heard about it?  (Read 3064 times)
gabriella (OP)
Member
**
Offline Offline

Activity: 336
Merit: 10


View Profile
November 25, 2013, 11:56:29 AM
 #1

how much time lapsed after you first came into contact with bitcoin for the first time, until you became convinced it is the future?
Seccour
Legendary
*
Offline Offline

Activity: 1619
Merit: 1004


Bitcoiner, Crypto-anarchist and Cypherpunk.


View Profile
November 25, 2013, 12:00:48 PM
 #2

how much time lapsed after you first came into contact with bitcoin for the first time, until you became convinced it is the future?

1 sec :p

Rampion
Legendary
*
Offline Offline

Activity: 1148
Merit: 1018


View Profile
November 25, 2013, 12:00:54 PM
 #3

Like 30 seconds.

No joke.

BitcoinNews.io
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
November 25, 2013, 12:01:01 PM
 #4

about 5 minutes. and the more i learn, the more i believe in a cryptocurrency future -- and long may that continue.
stompix
Legendary
*
Offline Offline

Activity: 2898
Merit: 6352


Blackjack.fun


View Profile
November 25, 2013, 12:02:06 PM
 #5

1 year and still counting Smiley

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
JoelKatz
Legendary
*
Offline Offline

Activity: 1596
Merit: 1012


Democracy is vulnerable to a 51% attack.


View Profile WWW
November 25, 2013, 12:05:14 PM
 #6

I think it was soon as I realized that the double-spend problem was the only real technical obstacle to payments with no central authority and that someone had actually solved it. It probably took me a day or two to reach that understanding.

I am an employee of Ripple. Follow me on Twitter @JoelKatz
1Joe1Katzci1rFcsr9HH7SLuHVnDy2aihZ BM-NBM3FRExVJSJJamV9ccgyWvQfratUHgN
grondilu
Legendary
*
Offline Offline

Activity: 1288
Merit: 1076


View Profile
November 25, 2013, 12:05:51 PM
 #7

About three days, during which I had been reading Satoshi's paper about ten times.

But to be fair I was thinking about digital currencies for quite some time before that.  So I was already very open to the concept.

Hawker
Legendary
*
Offline Offline

Activity: 1218
Merit: 1001



View Profile
November 25, 2013, 12:06:30 PM
 #8

Like 30 seconds.

No joke.

Same.  Once I hard about it, I was buying gfx cards within a month.
Birdy
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
November 25, 2013, 12:31:16 PM
 #9

It took about a month of researching and trying with a small amount of Btc until I believed that it might be the future.
If it took you 30 seconds, you probably should rethink your decision making process.
rat
Sr. Member
****
Offline Offline

Activity: 253
Merit: 250



View Profile
November 25, 2013, 12:48:08 PM
 #10

It took about a month of researching and trying with a small amount of Btc until I believed that it might be the future.
If it took you 30 seconds, you probably should rethink your decision making process.


1 second. because i had nothing to lose. one of the best decisions i ever made.
Rluner
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
November 25, 2013, 01:08:02 PM
 #11

Zero seconds. The instant I herd about bitcoin, it just all made perfect sense to me, and I realised how doomed fiat money was, unfortunately for me this was only a few months ago.
Birdy
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
November 25, 2013, 01:16:33 PM
 #12

It took about a month of researching and trying with a small amount of Btc until I believed that it might be the future.
If it took you 30 seconds, you probably should rethink your decision making process.
1 second. because i had nothing to lose. one of the best decisions i ever made.

Then you didn't make a good decision, you made a random decision and were lucky.
glub0x
Legendary
*
Offline Offline

Activity: 892
Merit: 1013



View Profile
November 25, 2013, 01:17:04 PM
 #13

how much time lapsed after you first came into contact with bitcoin for the first time, until you became convinced it is the future?
5sec time to read about it Smiley
yook me 1 year to put my money were my mouth was.

The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactions

Satoshi Nakamoto : https://bitcoin.org/bitcoin.pdf
wachtwoord
Legendary
*
Offline Offline

Activity: 2324
Merit: 1125


View Profile
November 25, 2013, 01:20:53 PM
 #14

A few days to read a lot and get increasingly interested. The some time to see how other people respond to it. I mean, if I (or me and a small subgroup) are the only ones who care about this, it's not going to actually reach it's potential without adoption. True belief in this grew over time.

Right now I believe it (cryptocurrency) is snowballing sufficiently hard to be very unlikely to be stopped. The genie is out!
zeroday
Donator
Hero Member
*
Offline Offline

Activity: 784
Merit: 1000



View Profile
November 25, 2013, 02:38:16 PM
 #15

When I first read about bitcoin in some geek newspaper in 2010, I realized it must be the most promising idea of the century. However, that time I had no time to play with it. In the middle of 2011 I was surprised when bitcoin, with the help of silkroad, attracted attention of US senators and its price started to skyrocket. I was almost ready to buy some, but, just few days before I sent a wire, "the bubble" bursted and I decided to wait.

When BTC slowly started to grow beyond $2 I finally decided to give it a try and wired $10k to gox. Then I continued buying at $6, $8, $12 and so on.
In April 2013 I had to sell a fraction of my bitcoins to save my business after our money in Cypros bank were stolen by European government.
But later I continued to buy bitcoins. Last time I've bought it at about $600 and now in my pans is spending 50% of my fiat income on BTC.
Rezree
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile WWW
November 25, 2013, 04:10:14 PM
 #16

Years. Saw some obscure Danish tv program about it in 2010 and found it fascinating but had no sense of what it was. Then stumbled upon it again last year, and some friends talked about maybe investing in it, but since I didn't have a lot of money I didn't have the guts to put in even a few hundred bucks.

Then about a month ago I suddenly realised how stupid I had been to be so timid and bought a few when it was around $450 and then again a few when it was around $700.

Even though I have less money now than I had when it was much cheaper, I have so much faith in it and I've decided to put all other non essential expenses on hold just so I can purchase BTC and other crypto coins.

Not a day goes by that I don't facepalm to myself about not investing sooner, but it's getting easier to deal with now since I've started getting into it and feel that although I might not have gotten on the boat with the cheapest ticket, I made it at least Smiley

lightfoot
Legendary
*
Online Online

Activity: 3108
Merit: 2240


I fix broken miners. And make holes in teeth :-)


View Profile
November 25, 2013, 04:12:42 PM
 #17

A year or two. I've been working on this stuff since I wrote a credit card online web site in 1994, we even did the "charge your card $20 and bank the micropayments on our site" thing. Other people tried to do it, numerous failures.

But hey, back in the late 80's we were all supposed to hook up to the AT&T CONNECT X.25 network. Boy that and that mail gateway thing (MTS? What was it again) really didn't go anywhere....

C
yavunka
Member
**
Offline Offline

Activity: 74
Merit: 10


View Profile
November 25, 2013, 04:16:24 PM
 #18

It took a long time...many months of seeing my friends savings increase before I tentatively decided to test the water...even now...though I generally think it is going to be a success I've only invested a very small amount that I wouldn't mind losing.
porcupine87
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500


hm


View Profile
November 25, 2013, 04:26:11 PM
 #19

18 months !
If only I had looked more carefully the first time...

+1

"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
PrFen
Full Member
***
Offline Offline

Activity: 160
Merit: 100


View Profile WWW
November 25, 2013, 04:27:05 PM
 #20

Few minutes, but didn't take action  Angry

Exactly two weeks ago I came across Bitcoin again and couldn't stop reading since then. Already have some BTC and LTC, a will get more as soon as I learn more

Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!