Do you remember how you feel about during 2008?

[Broly46]

2008/2009 feel like very special year for me, I could feel all the people around me are very different compare to before, they have a lot of worries, I overheard one of my respected senior talking about their worry about their pension, worry about the future generation, worry about their job security, a lot of worry, but as a millennial I have no clue why they're so worry about them.
To flash back it today, I'm still unable to understand all their worries, it may be the reason of age-gap, the one age group that felt stronger came from the older generation.

Well, I would like you to describe what's your feeling about 2008 and why it is so special compare to any other year like 2009,2010,2011 etc.

Also bitcoin was born in this particular year, the emotion must be so strong that it drive Satoshi to finally decide to do it.

[Tstar]

Like I felt in 2018 after buying few alts @ Nov - Dec 2017
Because I bought 2 studios at the highest possible price, just months before the 2008 recession. At the end, I lost the second unit, but managed to save the first one and it already covered my losses from second unit. It's the same now with alts, more are dead and let's hope that the rest will cover our loses.

[exstasie]

2008/2009 feel like very special year for me, I could feel all the people around me are very different compare to before, they have a lot of worries, I overheard one of my respected senior talking about their worry about their pension, worry about the future generation, worry about their job security, a lot of worry, but as a millennial I have no clue why they're so worry about them.

To flash back it today, I'm still unable to understand all their worries, it may be the reason of age-gap, the one age group that felt stronger came from the older generation.

Well, I would like you to describe what's your feeling about 2008 and why it is so special compare to any other year like 2009,2010,2011 etc.

Most millennials, especially younger ones, have a lot less money saved than previous generations. Cost of living is much higher now, wages are stagnant, and consumer culture also encourages high levels of debt. That means on average, their retirement accounts are paltry, if they exist at all.

In 2008, I remember hearing the grumblings of older folks who were watching their retirement savings tank in value because they had left everything in the stock market. That's typical for 401(k) investment. Meanwhile, I didn't care because I had no retirement savings anyway. I was living hand to mouth and couldn't care less about the stock market, bailouts, or any of it.

[Broly46]

Like I felt in 2018 after buying few alts @ Nov - Dec 2017
Because I bought 2 studios at the highest possible price, just months before the 2008 recession. At the end, I lost the second unit, but managed to save the first one and it already covered my losses from second unit. It's the same now with alts, more are dead and let's hope that the rest will cover our loses.

That certainly look bad for losing a unit. I believe most people would treat their house as the biggest investment in their life, that sound like the 2008 are caused by housing bubble, but I doubt it's the same like 2018, obviously I could feel something special in 2018, I believe the crypto bubble are nowhere near the 2008, a peer of mine bought a condo unit few years ago, between 2016, I think they're buying it during the peak too, now they're telling me their unit are dropping in price by roughly 30% below their purchasing price, they're now making loss for their unit, and itsnt cheap too, they bought near to 1m dollar price which is three fold higher than equivalent unit decade ago, but I don't feel they're the same worry just like 2008, or it would need to take another few years, say 2020 to feel the same depression again? Well I hope it didn't come back too.

[biskitop]

2008 I did not know crypto, getting to know it was 2013 when I heard that steam games accept payments with bitcoin. my feeling is just weird because I don't know what the currency is, because what I know is paypal or credit card. but after 2017 and learn more about bitcoin, it turned out to make me feel even more happy.

[Broly46]

2008 I did not know crypto, getting to know it was 2013 when I heard that steam games accept payments with bitcoin. my feeling is just weird because I don't know what the currency is, because what I know is paypal or credit card. but after 2017 and learn more about bitcoin, it turned out to make me feel even more happy.

I believe everyone should come across the name during their usual internet routine everyday, it has no value until late 2011, it is when the first time I know about its exist, and I got to know it associated with some drug money however since then I try to find out more info but to no availed to how to get one, I don't even know mining and any software, I first thought it was some kind of money just like PayPal, or some in game currency, and I started to monitor the price since 2013 when the smartphone are easily to obtain and some app, I'm still not able to get some of them, it's just too hard for me to get them, of course I'm not gonna sell drug for bitcoin to get some of it, you know it will land me to jail immediately. Well then I read the history of exchange hack and everything to find out how some of them could bought it legally, it's kinda funny through. And I believe those earlier adopter must be some kind of nerd of the nerds who are so tech savvy that only very selected few that come from the outer world could bought it legally.

[Broly46]

2008/2009 feel like very special year for me, I could feel all the people around me are very different compare to before, they have a lot of worries, I overheard one of my respected senior talking about their worry about their pension, worry about the future generation, worry about their job security, a lot of worry, but as a millennial I have no clue why they're so worry about them.

To flash back it today, I'm still unable to understand all their worries, it may be the reason of age-gap, the one age group that felt stronger came from the older generation.

Well, I would like you to describe what's your feeling about 2008 and why it is so special compare to any other year like 2009,2010,2011 etc.

Most millennials, especially younger ones, have a lot less money saved than previous generations. Cost of living is much higher now, wages are stagnant, and consumer culture also encourages high levels of debt. That means on average, their retirement accounts are paltry, if they exist at all.

In 2008, I remember hearing the grumblings of older folks who were watching their retirement savings tank in value because they had left everything in the stock market. That's typical for 401(k) investment. Meanwhile, I didn't care because I had no retirement savings anyway. I was living hand to mouth and couldn't care less about the stock market, bailouts, or any of it.

I'm agree with it, most millenias could only get into debt, personal loan, study loan, getting married and easily piled up with so much loan that no recourse, my peer are getting 100k in scholarship in that year, but they're quickly spend it up, I'm too surprise how fast they spend the money as I thought it could be enough for a typical person to last for many years of many bills and expense, but well, not today though. I think today everyone, no limited to millenias are highly in debt, old or young all have debt.

[apilpirman.bisnis]

I heard during 2008 bitcoin still have lower price and many people still do not know about what is bitcoin and what for we use bitcoin, I know about bitcoin last three years and price still at $200, maybe I will be rich person if know about bitcoin during 2008.

[Lumi3004]

In 2018 the monen was very bad for me, in investing in a history of unforgettable 2018 cryptocurrency, much of my capital went down without saying anything but waiting and waiting. I hope that in the future crypto and Bitcoin will be better.

[Broly46]

I heard during 2008 bitcoin still have lower price and many people still do not know about what is bitcoin and what for we use bitcoin, I know about bitcoin last three years and price still at $200, maybe I will be rich person if know about bitcoin during 2008.

Getting to know it was the easy task, to actually acquire some of it are something ridiculously difficult, I was going around and asking my friends, bank about it, no one will tell me more info, nothing at all, when I tell them bitcoin, they will simply ignore it, no matter how many times I remind them, they do not seem to care about it, but I continue to wonder how to get one of that, I believe it is extremely difficult to get into it in 2011, in 2012, only one exchange existed to trade bitcoin, and I didn't know how to deposit money into buying it, I believe only the insider have this special access not for ordinary public, only shark are invited into it, we are all late into the party.

[ShadowBits]

2008/2009 feel like very special year for me, I could feel all the people around me are very different compare to before, they have a lot of worries, I overheard one of my respected senior talking about their worry about their pension, worry about the future generation, worry about their job security, a lot of worry, but as a millennial I have no clue why they're so worry about them.
To flash back it today, I'm still unable to understand all their worries, it may be the reason of age-gap, the one age group that felt stronger came from the older generation.

Well, I would like you to describe what's your feeling about 2008 and why it is so special compare to any other year like 2009,2010,2011 etc.

Also bitcoin was born in this particular year, the emotion must be so strong that it drive Satoshi to finally decide to do it.

But today that I am old enough to think about my future I also worry about that kind of stuff right now, but I guess it will be different once crypto will go up again.

[Baofeng]

2008 was one of the worst year for me. It's the start of the financial crisis and for those who are too young to remember it, it was the year when Lehman Brothers collapsed bringing Wall Street and the world with it. So I believed that it's one catalyst that Satoshi needed to put forward his bitcoin and obviously it was born in 2009. I also lost my job during that year and it was very hard to get one because no one is hiring and everything was in chaos or panic. So for those who don't know or haven't been in a world financial crisis, just save and invest in crypto as a hedge for economic turmoil.

[Kakmakr]

The younger generation might not worry about pension funds and saving for retirement, when they start working, because retirement is still something that will happen when they are 60 to 70 years old. Most of them are only concerned about the lack of money to fund their next party or night out. <Let them be like that, because it's a fun time in their life and they do not need to prioritize things like retirement worries, when they still have many years to plan for that.>

Older people do not have that luxury of having enough time to start all over to fund for their retirement, so they worry more about these things. 

[Broly46]

2008 was one of the worst year for me. It's the start of the financial crisis and for those who are too young to remember it, it was the year when Lehman Brothers collapsed bringing Wall Street and the world with it. So I believed that it's one catalyst that Satoshi needed to put forward his bitcoin and obviously it was born in 2009. I also lost my job during that year and it was very hard to get one because no one is hiring and everything was in chaos or panic. So for those who don't know or haven't been in a world financial crisis, just save and invest in crypto as a hedge for economic turmoil.

Since after the crisis, I can feel the people around me are becoming extremely money mind, I found them to be money addicted, they would do anything to get money, pay to win in competition, micro transaction, webcam whoring, social network whoring, whatever you can think of, no matter men or women, they are both super materialistic, and I found women are way ahead of men to demand more money out of their every limited time. I didn't blame money for anything, I'm just couldn't accept everytime couple are going to fight day in day out for money money and more money! Every time she will tell me money this and money that, and it soon become a fight.

[yusupjatigumilar]

 It the beginning of 2018 I felt very happy because at that time the price of bitcoin was at its peak, but after several months passed in that year began to occur a very drastic price correction, many bitcoin holders including me felt panic and not a few who did sell panic , my hope at that time was to retain the assets that I had but until now the value of my assets has continued to shrink and I don't know when this correction will take place

[Broly46]

The younger generation might not worry about pension funds and saving for retirement, when they start working, because retirement is still something that will happen when they are 60 to 70 years old. Most of them are only concerned about the lack of money to fund their next party or night out. <Let them be like that, because it's a fun time in their life and they do not need to prioritize things like retirement worries, when they still have many years to plan for that.>

Older people do not have that luxury of having enough time to start all over to fund for their retirement, so they worry more about these things.  

Wow they could enjoy the worry of their pension fund, we could only worry about job security, because retrenchment are so often that you could barely think about retirement, and more over pension.
Talk about forced premature retirement.

[kkaroul4]

2008 I did not know crypto, getting to know it was 2013 when I heard that steam games accept payments with bitcoin. my feeling is just weird because I don't know what the currency is, because what I know is paypal or credit card. but after 2017 and learn more about bitcoin, it turned out to make me feel even more happy.

I also like that after I became acquainted with bitcoin from 2017 I was very happy because in that year I was able to get a substantial income that made me feel at home using bitcoin and other crypto

[Kemarit]

There was a thread a opened last year here, specifically about the biggest bankruptcy in American History.

(https://bitcointalk.org/index.php?topic=5028744.0)

As you can see in the replies there, some of them are fairly young and wasn't aware of the crisis. However, there are members who have seen the negative effects and I would say it again it doesn't look good. And when I thought, after assuring by the company that we will be ok and our jobs our secured, the worst thing happened as I was one of those who have been been laid out and out for jobs. And it took me months to find one and it really teaches me a valuable lessons in life specially it was the like my 2nd child was born so it was really difficult for me to feed my family that time. That I started to save little by little for retirement, it was a rude awakening for those who have witnessed it in their life.

[Broly46]

There was a thread a opened last year here, specifically about the biggest bankruptcy in American History.

(https://bitcointalk.org/index.php?topic=5028744.0)

As you can see in the replies there, some of them are fairly young and wasn't aware of the crisis. However, there are members who have seen the negative effects and I would say it again it doesn't look good. And when I thought, after assuring by the company that we will be ok and our jobs our secured, the worst thing happened as I was one of those who have been been laid out and out for jobs. And it took me months to find one and it really teaches me a valuable lessons in life specially it was the like my 2nd child was born so it was really difficult for me to feed my family that time. That I started to save little by little for retirement, it was a rude awakening for those who have witnessed it in their life.

It is definitely a good reading. I think most people simply don't have saving during the time, or they could barely have any saving, I have few of my peers who are so lucky to obtain some of the best scholarship for their education, and it's enough to last the education easily while still have 50% fund leftover for their disposal, but I'm simply amused by how they quickly dry up all the fund within a few years, just for the rent for the utility bills, the fee for all their education need, and well you know it's also the time when they encouraged to begin to pursue their love during youth, I believe they spend most of the fund into someone they love, I had experienced myself that I usually spend crazily just to impress the girl that I like, and it usually work, and I wouldn't control my spending easily after that.

[ethereumhunter]

I don't know what was happening in that year because I never knew about cryptocurrency and besides that, I've been busy with my real jobs. I am sure that people who get involved with cryptocurrency in 2008 will have a lot of money especially if they have much bitcoin and they sold the bitcoin in 2017. I cannot imagine how much money they made from bitcoin, but I am sure that it will be huge money.