Don't feel bad newbies - Early adopter without many Bitcoins

[bitpop]

Merry Christmas bitcoin brother 🎅

[notlist3d]

Everyone who currently has bitcoin is an early adopter, because in 5-10 years bitcoin will skyrocket!

I don't know that now will be looked at as early adoption.  I think it's jumping in much later then early adopters.  Early adopters had no idea how much, if anything BTC would be worth.

I mean look at the first purchase of a pizza.... that is early adopter.  Now we know BTC has a value (a lot higher then back then), so we are still adopters but not early I don't think.

[bitpop]

Everyone who currently has bitcoin is an early adopter, because in 5-10 years bitcoin will skyrocket!

I don't know that now will be looked at as early adoption.  I think it's jumping in much later then early adopters.  Early adopters had no idea how much, if anything BTC would be worth.

I mean look at the first purchase of a pizza.... that is early adopter.  Now we know BTC has a value (a lot higher then back then), so we are still adopters but not early I don't think.

You never know $1 million in 10 years would make $400 look like free

[the_poet]

BTW this was one of the very first threads I read when I joined the forum and BTC world. At that time I was afraid of investing in BTC (it was in January 2014, at $900) but I took inspiration from bitpop's quote "buy 1 bitcoin and sleep on it", which quickly became my mantra. I slowly reached that goal and kept this amount for months (now I have more though). Thanks Bit and Merry Christmas.

[number2]

This is a great reason why people need to read these threads and make sure they know how they can protect themselves from letting something like this happen again.  Be safe and back up your system to a second backup and pretend there is a crash and make sure your backup is good.  I am so sorry to hear someone lost 1,000 BTC from 2011.  That is a house purchase at this price, and a million dollar payout when it goes back up to $1000.

[notlist3d]

Everyone who currently has bitcoin is an early adopter, because in 5-10 years bitcoin will skyrocket!

I don't know that now will be looked at as early adoption.  I think it's jumping in much later then early adopters.  Early adopters had no idea how much, if anything BTC would be worth.

I mean look at the first purchase of a pizza.... that is early adopter.  Now we know BTC has a value (a lot higher then back then), so we are still adopters but not early I don't think.

You never know $1 million in 10 years would make $400 look like free

Do you honestly believe 1 million in 10 years from 450?  I think that is pretty unrealistic myself... I expect it to go up but my speculation is much less than 1 million in 10 years... that just is not a value I think people will pay for 1 BTC in that time frame but I hope I'm wrong.

[bitpop]

Everyone who currently has bitcoin is an early adopter, because in 5-10 years bitcoin will skyrocket!

I don't know that now will be looked at as early adoption.  I think it's jumping in much later then early adopters.  Early adopters had no idea how much, if anything BTC would be worth.

I mean look at the first purchase of a pizza.... that is early adopter.  Now we know BTC has a value (a lot higher then back then), so we are still adopters but not early I don't think.

You never know $1 million in 10 years would make $400 look like free

Do you honestly believe 1 million in 10 years from 450?  I think that is pretty unrealistic myself... I expect it to go up but my speculation is much less than 1 million in 10 years... that just is not a value I think people will pay for 1 BTC in that time frame but I hope I'm wrong.

Yeah either hundreds of thousands or 0

[notlist3d]

Everyone who currently has bitcoin is an early adopter, because in 5-10 years bitcoin will skyrocket!

I don't know that now will be looked at as early adoption.  I think it's jumping in much later then early adopters.  Early adopters had no idea how much, if anything BTC would be worth.

I mean look at the first purchase of a pizza.... that is early adopter.  Now we know BTC has a value (a lot higher then back then), so we are still adopters but not early I don't think.

You never know $1 million in 10 years would make $400 look like free

Do you honestly believe 1 million in 10 years from 450?  I think that is pretty unrealistic myself... I expect it to go up but my speculation is much less than 1 million in 10 years... that just is not a value I think people will pay for 1 BTC in that time frame but I hope I'm wrong.

Yeah either hundreds of thousands or 0

What are you basing your speculation on?  I just have a hard time wrapping my head around BTC being hundred of thousands or million in 10 years which is not that long. 

I guess I think realistically that is a pretty big jump, and one we likely would need a lot more time I think to every hit.

[Amph]

Everyone who currently has bitcoin is an early adopter, because in 5-10 years bitcoin will skyrocket!

I don't know that now will be looked at as early adoption.  I think it's jumping in much later then early adopters.  Early adopters had no idea how much, if anything BTC would be worth.

I mean look at the first purchase of a pizza.... that is early adopter.  Now we know BTC has a value (a lot higher then back then), so we are still adopters but not early I don't think.

You never know $1 million in 10 years would make $400 look like free

Do you honestly believe 1 million in 10 years from 450?  I think that is pretty unrealistic myself... I expect it to go up but my speculation is much less than 1 million in 10 years... that just is not a value I think people will pay for 1 BTC in that time frame but I hope I'm wrong.

Yeah either hundreds of thousands or 0

What are you basing your speculation on?  I just have a hard time wrapping my head around BTC being hundred of thousands or million in 10 years which is not that long. 

I guess I think realistically that is a pretty big jump, and one we likely would need a lot more time I think to every hit.

well the last 6 years you see a x4000 increase, from $0.1 to current value which look stable to me, so we can consider it

do another x4000 in 10 years, which is even greater than 6 years, well i know that it do not work in this way but you get my point, it's possible thta it may happen in only 10 years

[gkv9]

@OP,
Your story has touched our hearts and it shows that we need not to worry, as Bitcoins' value may go whether up or down, 1 BTC will always be 1 BTC, it's not the price of BTC that we are here for, we are here for its "VALUES" and "RESPECT"...

I am having less amount of BTC but hodling and can say that one day I will be a millionaire for sure...

[jmintuck02]

I am just sad I didn't know about the wallet dat in the appidata area to grab and save when I moved into a new computer and would have

had saved to CD rw if I knew anything about how big this had gotten. I believe I have over 1K btc at the time. That was way back in 2011.

If I had this cd rw and it broke out on the news last year, god knows I would be an overnight sensation in our town. I might even have to

disappear myself to another city to hide even!

[Decoded]

That's the problem with adopting things early 

Things aren't sophisticated enough, nor safe enough when it comes to technology and a new type of cybertech, to keep your "cybertech" safe. Sad.

[anthonycamp]

as i can see you got the bad way of HD if it not crashed you had a hard drive valiuung like 1 million and that can be money for us newbies lol

[bitpop]

Yes we all benefit from lost coins

[Dixi]

bitpop since you are early adopter tell me, what was time when in your perception bitcoins were relatively the cheapest. I mean  4 years  ago they could be easily  perceived as much expensive as they are today, am I correct?

[bitpop]

bitpop since you are early adopter tell me, what was time when in your perception bitcoins were relatively the cheapest. I mean  4 years  ago they could be easily  perceived as much expensive as they are today, am I correct?

Yeah $17 was too much in my mind years ago. But this year $150 was too cheap. It's all subjective.

[Facilitator]

Everyone who currently has bitcoin is an early adopter, because in 5-10 years bitcoin will skyrocket!

It all depends on if the bitcoin is still there in 10 years time. If there is active development, the price will rise a lot.

[Blawpaw]

I know perfectly how do you feel. I'm not as an early adopter as you but a similar situation happened to me. Nevertheless, I'm here to fight to stay on top and continue to support bitcoin and digital currencies in general!

[Facilitator]

I know perfectly how do you feel. I'm not as an early adopter as you but a similar situation happened to me. Nevertheless, I'm here to fight to stay on top and continue to support bitcoin and digital currencies in general!

I am an early adopter compared to the people knowing about bitcoin 1 year later. I have some advantages now to buy the bitcoin cheap.