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Author Topic: How long did it take you to become a Bitcoin true believer after heard about it?  (Read 3135 times)
blacksails
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November 25, 2013, 04:40:34 PM
 #21

It took me a while actually. When I first started with bitcoin it was a way to make some money. So I started working, and the time passed by. A few months later a friend of mine asked "You know that scam you're working on, that fake currency?" and I got angry and suddenly defended it and the thoughts behind it. At that moment I realized that I had become a true bitcoin believer.
indianplayers
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November 25, 2013, 04:46:33 PM
 #22

Too long - I could have been a millionaire.

1st in 2009-2010 but didn't think bitocoin would get anywhere other than tokens for games.
2nd time when the run up happened 6 months ago. bought some coins, but not enough.
johnyj
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November 25, 2013, 06:54:47 PM
 #23

Started by CPU mining using default client immediately when I heard about bitcoin in 2011, fun game! But it took me almost 15 years to fully understand the scam nature of today's fiat money system, when I finally completed this lengthy research process around some time in 2012, I become a true believer of bitcoin

With the help of bitcoin, I quickly get rid of most of the knowledge from mainstream economy books, and this lead to my true understanding of fiat money system

LiteCoinGuy
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November 25, 2013, 07:13:00 PM
 #24

some weeks/months. you cant be a believer after seconds, thats stupid. you dont know anything about it.

Ecurb123
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November 25, 2013, 07:13:49 PM
 #25

took me about 2 years. I heard about it and thought about it for awhile, but I guess it was the community which convinced me that it was a really special idea.
Hawker
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November 25, 2013, 07:21:00 PM
 #26

some weeks/months. you cant be a believer after seconds, thats stupid. you dont know anything about it.

Wrong.  I had an online shop and an ebay account.  Once I saw the concept of Bitcoin, I was blown away.  I don't need to read the source code - I know a stupendous concept when I see it.
wachtwoord
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November 25, 2013, 07:21:27 PM
 #27

With the help of bitcoin, I quickly get rid of most of the knowledge from mainstream economy books, and this lead to my true understanding of fiat money system

mainstream == Keynesian == retarded
BitCloud
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November 25, 2013, 07:24:12 PM
 #28

heart: 10 mins
brain: 2.5years
Georgio
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November 25, 2013, 07:55:37 PM
 #29

Too long - I could have been a millionaire.

1st in 2009-2010 but didn't think bitocoin would get anywhere other than tokens for games.
2nd time when the run up happened 6 months ago. bought some coins, but not enough.


Haha same story here Smiley My friend sent me link through skype back in 2009-2010. I read it, I even bookmark it! Then in one month or so I came back and read the article again. I also though it will be some kind of game money Cheesy funny.
BTC_GHD
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November 25, 2013, 08:08:38 PM
 #30

Took me a few weeks

BITCOIN CASINO BTC  30% DEPOSIT BONUS @ Bit777.com BTC Freebie Forum Thread! BTC
BITCOIN GAMBLING @ Peerbet.org ZERO HOUSE EDGE RAFFLES BTC 5 WHEELS OF FORTUNE! Forum Thread
Akka
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November 25, 2013, 08:11:32 PM
 #31

Interested, about the first sec. I heard about it. Immediately got some coins.

But it took me about 6 Month of experimenting and reading about how it works and what the possibilities are until it really hit me.

All previous versions of currency will no longer be supported as of this update
(A)social
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November 25, 2013, 08:18:35 PM
 #32

~ 3 months

BTC: 1ASociaLbBZzBUR8hSw8CryajncADsR1m6 - Bitmessage: BM-orfFdAgAmtnBokTivq3vj1RtSVtXbrftM
OpenBazaar Store: https://openbazaar.com/store/QmeCThm8d5zcat7BjGw4SQeovaC5diF9s4b2yTSHWdpzmb
daneel2
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November 25, 2013, 10:49:15 PM
 #33

i am more of a decentralization believer than a bitcoin believer. i don't think in 100 years we will have much need for currency of any kind, and i see bitcoin as a step in the right direction. its much better than anything currently in place. i am so tired of all the corrupt old systems.. seeing bright hardworking people struggle for money while the few rich inherit more than they need. seeing really stupid, i mean extrmely stupid rich people who are only rich because somewhere down the line the were related to a guy, pisses me off.
xselam1988
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November 25, 2013, 10:50:54 PM
 #34

about 6month
beetcoin
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November 25, 2013, 10:51:56 PM
 #35

found out about it in late 2011.. didn't do anything for 18 months. a fool i am! mainly due to the inconvenience with getting them.
Alpaca Bob
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November 25, 2013, 11:45:29 PM
 #36

It's more like a gradual process, isn't it? Maybe, like, an S-shaped adoption curve with lots of volatility down the road? Wink (Seriously though.)

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
Un zafado cualquiera
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November 26, 2013, 12:02:08 AM
 #37

it took me two days. when I read about proof of work I was in.
Melbustus
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November 26, 2013, 12:35:47 AM
 #38

Intrigued when I first read that it was completely decentralized, but it took weeks for me to fully grok the technicals and work through the economic implications/models. Another several months to *really* understand it (this involves quite a bit of thought/research about the nature and history of money, governments, humans, and complex systems).

You guys that insta-believed must be geniuses. :-)


Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
wachtwoord
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November 26, 2013, 12:38:29 AM
 #39

Intrigued when I first read that it was completely decentralized, but it took weeks for me to fully grok the technicals and work through the economic implications/models. Another several months to *really* understand it (this involves quite a bit of thought/research about the nature and history of money, governments, humans, and complex systems).

You guys that insta-believed must be geniuses. :-)



More likely morons. Due diligence is very prudent. Yes in this specific case you might have come ahead without it but that doesn't mean it should be dismissed.
Ibian
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November 26, 2013, 12:56:28 AM
 #40

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, as they say.

I'm sceptical by nature and I don't gamble. It probably took months from I first heard about it until I decided to look into it. Then another several weeks to a month to investigate and decide if it seemed worth going for. Finally bought (peanuts), watched the price development for a few months while continuing to research, and now I am pumping all the money I can into it. All of it, only selling whenever I have some bills to pay.

If I can manage to reach my target number of coins before doing so becomes unrealistic, I should be able to live a decent life without ever having to work again. With the spending plan I have I should quickly recover the initial investment, so even if it crashes I come out ahead.

Look inside yourself, and you will see that you are the bubble.
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