BEEN IN THIS GAME FOR 6 YEARS

[dunfida]

Lot of people are making price predictions and many years ago I did as well.However, I stopped thinking in fiat and only thought about stacking stats. In the end we are part of a financial revolution much like Tesla in cars- uber in taxis.The financial market is in a recession when you have bankers, government official telling you we are doing great it's to cover up the truth.

I told some friends in 12/2015 that btc in few years will be 10 k . I am no market analyst I just based it on scarcity. Those same friends bought in 2017 and called me thinking I knew what the next target is and I told them shit, I got lucky I have no idea. Four years later  and now I am thinking scarcity again and 95k in a few years is my next prediction because why not we all love a number to gravitate to.

In 2016 saw a youtube video, and in there was a Chinese mining operator that did not speak english well  but would say just buy 1 BTC and many people laughed at him dunno if it was because of his accent or because he was a miner  promoting BTC. I thought about that back than and realized that 1 btc is attainable at 500 usd.

I would tell family and friends and got  a response like I will wait till it comes down.  If those people listened 1 year later would have profited well. Now I tell friends  .1 BTC  I  think for many that is attainable, now the response is did bitcoin not crash. My point is that I think if we educate fundamentals which is tough we might win some hearts.

I can't trust with any one else have prediction with bitcoin with higher or lower price, last discussing about anonymous picture prediction with bitcoin price past October raise $16k but bitcoin only have price under $10k. How come you can trust with very miss prediction which bitcoin and altcoin price still down, I think we prediction based on bitcoin news update and how bitcoin chart.

No one does but there are people who would really tend to follow up predictions by just relying on what are the things that do happen in the past.
They are connecting dots and even giving unrealistic numbers on where would prices would go.Market is always been unpredictable thats why
im not really a fan on being too bullish nor being bearish because nothing in future is certain.We cant predict on where prices would go but the important
thing should be bear on mind is that you do know to go along with the flow.

[jets567]

I can't trust with any one else have prediction with bitcoin with higher or lower price, last discussing about anonymous picture prediction with bitcoin price past October raise $16k but bitcoin only have price under $10k. How come you can trust with very miss prediction which bitcoin and altcoin price still down, I think we prediction based on bitcoin news update and how bitcoin chart.

Price prediction have been in the trading industry (crypto or non-crypto) for a long time so it's really up to a person whether to rust it or not, what matters most is that we believe in Bitcoin and it's technology because it will bring a good future to anyone of us. I don't really care about the Bitcoin price fluctuation as long as Bitcoin stays forever though I'm very positive with it.

[Getmon]

It is my lesson learned that in convincing people about Bitcoin you should not focus in the future. They will not be convinced about it. They are thinking about risk and what will happen to their money. Instead of your predictions which are not a guarantee nor even accurate, focus in the past. Let them see how Bitcoin is transforming into a billion dollar technology from a simple attempt to contribute to a little to change the world. Let them see how the $9,500 Bitcoin started from $0.00000.

So you're talking a brief history if bitcoin from zero to thousands, and now bouncing at $9K and above. In line to the scenario of convincing people, I guess it not important to exert an effort proving the importance of bitcoin for them, because it was just a waste of time. We need to treasure every moment for very important things, but for those non sense people who can't even listen for 1 minute, don't waste your time about it. Time will tell, and I think history prevails the truth over the latest price nowadays which could be more potential to reach a much profitable value in the near future.

You can actually roughly gauge whether a person is really interested or not. If it looks that he is not interested about the technology, try to start from where money is the main thing. You have abundant proofs to show to him that Bitcoin is indeed growing in value. He will become interested with it. And little by little you will insert an information or two about the features of Bitcoin. For sure, if you get his attention by showing signs of earning, he will also raise a few questions about the basics of Bitcoin.

[rose9696]

Lot of people are making price predictions and many years ago I did as well.However, I stopped thinking in fiat and only thought about stacking stats. In the end we are part of a financial revolution much like Tesla in cars- uber in taxis.The financial market is in a recession when you have bankers, government official telling you we are doing great it's to cover up the truth.

I told some friends in 12/2015 that btc in few years will be 10 k . I am no market analyst I just based it on scarcity. Those same friends bought in 2017 and called me thinking I knew what the next target is and I told them shit, I got lucky I have no idea. Four years later  and now I am thinking scarcity again and 95k in a few years is my next prediction because why not we all love a number to gravitate to.

In 2016 saw a youtube video, and in there was a Chinese mining operator that did not speak english well  but would say just buy 1 BTC and many people laughed at him dunno if it was because of his accent or because he was a miner  promoting BTC. I thought about that back than and realized that 1 btc is attainable at 500 usd.

I would tell family and friends and got  a response like I will wait till it comes down.  If those people listened 1 year later would have profited well. Now I tell friends  .1 BTC  I  think for many that is attainable, now the response is did bitcoin not crash. My point is that I think if we educate fundamentals which is tough we might win some hearts.

Certainly bitcoin is very hard to collapse because it has so many manipulative organizations behind it. Sharks make money on market manipulation, pump and dump.
This is a very important reason for the increasing value of Bitcoin.
But I think bitcoin will be difficult to last long as more and better technologies and transactions become faster, fees are lower. I'm worried for bitcoin when there's a new bitcoin with a similar mechanism but better yet, it's Bitcoin2. what do you think ?

[meliodas]

Lot of people are making price predictions and many years ago I did as well.However, I stopped thinking in fiat and only thought about stacking stats. In the end we are part of a financial revolution much like Tesla in cars- uber in taxis.The financial market is in a recession when you have bankers, government official telling you we are doing great it's to cover up the truth.

I told some friends in 12/2015 that btc in few years will be 10 k . I am no market analyst I just based it on scarcity. Those same friends bought in 2017 and called me thinking I knew what the next target is and I told them shit, I got lucky I have no idea. Four years later  and now I am thinking scarcity again and 95k in a few years is my next prediction because why not we all love a number to gravitate to.

In 2016 saw a youtube video, and in there was a Chinese mining operator that did not speak english well  but would say just buy 1 BTC and many people laughed at him dunno if it was because of his accent or because he was a miner  promoting BTC. I thought about that back than and realized that 1 btc is attainable at 500 usd.

I would tell family and friends and got  a response like I will wait till it comes down.  If those people listened 1 year later would have profited well. Now I tell friends  .1 BTC  I  think for many that is attainable, now the response is did bitcoin not crash. My point is that I think if we educate fundamentals which is tough we might win some hearts.

Certainly bitcoin is very hard to collapse because it has so many manipulative organizations behind it. Sharks make money on market manipulation, pump and dump.
This is a very important reason for the increasing value of Bitcoin.
But I think bitcoin will be difficult to last long as more and better technologies and transactions become faster, fees are lower. I'm worried for bitcoin when there's a new bitcoin with a similar mechanism but better yet, it's Bitcoin2. what do you think ?

I have been two years with bitcoin investment, I have faced with moment bitcoin goes down and up. Bitcoin always give surprise moment when bitcoin down can raise to higher price and can give solution for investor to get chance with bitcoin and altcoin investment, now I will focus my time with bitcoin investment and looking which site can give free way to earn bitcoin.

Bitcoin has always been like that. Bitcoin goes up and down and there is nothing we can do about it but to keep holding and believing bitcoin that it will bring a life changing price movement for us. It is better for you to diversify and don't purely rely on bitcoin as an investment or source of passive income because even though bitcoin has a lot of potential, it could still go down to zero so it is better to diversify to be safe.

[Mometaskers]

If there were no bull runs, there wouldn't be as many people here today. I found out about Bitcoin after 2013s bull run and had the luck that I didn't jump in right away, but waited until the price reached below $500 to start buying.

That's definitely one of the prime motivators for people to get into bitcoin. "Invest", take the profit and then get out. Got introduced to it around 2016 just in time to see it hit ATH a few months later. Boy that has set unrealistic expectations for me. 

I like to imagine that people are only taking out the "profits" and keeping in their principal (in BTC)

[Edraket31]

If there were no bull runs, there wouldn't be as many people here today. I found out about Bitcoin after 2013s bull run and had the luck that I didn't jump in right away, but waited until the price reached below $500 to start buying.

That's definitely one of the prime motivators for people to get into bitcoin. "Invest", take the profit and then get out. Got introduced to it around 2016 just in time to see it hit ATH a few months later. Boy that has set unrealistic expectations for me. 

I like to imagine that people are only taking out the "profits" and keeping in their principal (in BTC)

Price really matter for all of us, although I've been here before the bull run still doesn't mean that I don't care much about the price, agree with you, the price really matters. Check out those projects, the best way to market is to hype the price, to make some people profitable so that they can share it to their friends and relatives, this is the best way to make people curious actually.

[bettercrypto]

People are skeptical during early years about Bitcoin and crypto even until now. We can't blame them not getting involve because of the high risk involve and yet it is. Crypto market offers valuable opportunities but traders have to be more educated and study the ecosystem very well to help lower the risk, with proper analysis the higher chance you will succeed.

Of course, every people who are engaging in cryptocurrency is not really fanatic nor supporter at first. In fact, even pioneers were really skeptical when they began joining this industry. But first impression sometimes not last.
There are many opportunities opened in cryptocurrency and many people are helped or became successful because of cryptocurrency. This industry is a great place for us to be a millionaire. All we need to do is to believe in cryptocurrency, God and ourselves.
Because trading not only requires skill and capital but it needs time, dedication and our efforts.

[South Park]

It is my lesson learned that in convincing people about Bitcoin you should not focus in the future. They will not be convinced about it. They are thinking about risk and what will happen to their money. Instead of your predictions which are not a guarantee nor even accurate, focus in the past. Let them see how Bitcoin is transforming into a billion dollar technology from a simple attempt to contribute to a little to change the world. Let them see how the $9,500 Bitcoin started from $0.00000.

I am not really convinced that is the best way to try to get people to adopt bitcoin, I understand that everyone understand the language of self-interest and showing how an asset went from zero to thousands of dollars is really impressive but in that case they will adopt bitcoin only for the material gains they could get, and while professional investors will have no problem managing their emotions when the price goes down the average person will not be able to cope with their emotions and will most likely sell for a loss and then they will blame you for it.

[wozzek23]

When I started it wasn't easy, I was only relying on faucets and the earnings were not much. I was making use of Xapo wallet and they had one really cool faucet app that I liked then. The faucet wasn't like all these ones that are annoying and filled up with adverts, and it was paying more than most of them and the payment goes straight to your Xapo wallet. It was fun playing around with it and I stopped doing it because of money but because of the fun I can have with it.

I even stopped checking my wallet and the earnings were growing and even increased more as price was going up, I never knew. The day I decided to check it out I was really surprised that I have made lots of money from faucets due to the price increase. Sadly they deactivated the faucet and other faucets I see these are completely useless. But I'm still happy that cryptocurrency have changed my life.

[syamster]

It is my lesson learned that in convincing people about Bitcoin you should not focus in the future. They will not be convinced about it. They are thinking about risk and what will happen to their money. Instead of your predictions which are not a guarantee nor even accurate, focus in the past. Let them see how Bitcoin is transforming into a billion dollar technology from a simple attempt to contribute to a little to change the world. Let them see how the $9,500 Bitcoin started from $0.00000.

I am not really convinced that is the best way to try to get people to adopt bitcoin, I understand that everyone understand the language of self-interest and showing how an asset went from zero to thousands of dollars is really impressive but in that case they will adopt bitcoin only for the material gains they could get, and while professional investors will have no problem managing their emotions when the price goes down the average person will not be able to cope with their emotions and will most likely sell for a loss and then they will blame you for it.

so for involving the average people in bitcoin we should not force them to invest money in bitcoin while they does not know anything about it, the first thing must be their interest we should develop their interest in bitcoin by introducing them in this forum, staying in this forum they will gradually learn about bitcoin and i am sure that they will want to invest in bitcoin after knowing everything about it. so in this way if something bad happened they will not blame you and also they will learn how to deal with their emotions.

[Mometaskers]

If there were no bull runs, there wouldn't be as many people here today. I found out about Bitcoin after 2013s bull run and had the luck that I didn't jump in right away, but waited until the price reached below $500 to start buying.

That's definitely one of the prime motivators for people to get into bitcoin. "Invest", take the profit and then get out. Got introduced to it around 2016 just in time to see it hit ATH a few months later. Boy that has set unrealistic expectations for me. 

I like to imagine that people are only taking out the "profits" and keeping in their principal (in BTC)

Price really matter for all of us, although I've been here before the bull run still doesn't mean that I don't care much about the price, agree with you, the price really matters. Check out those projects, the best way to market is to hype the price, to make some people profitable so that they can share it to their friends and relatives, this is the best way to make people curious actually.

My introduction wasn't really btc related projects but btc itself. Went something like "Look at the price, it's gonna blow up soon and you'll profit". I think it was like that for most people. RIP to those who got in right before it crashed though.

Of course we profit mostly when exchanging it for fiat since price relative does take large swings every now and then and a slow upward movement over the years.

[Memminger]

If there were no bull runs, there wouldn't be as many people here today. I found out about Bitcoin after 2013s bull run and had the luck that I didn't jump in right away, but waited until the price reached below $500 to start buying.

That's definitely one of the prime motivators for people to get into bitcoin. "Invest", take the profit and then get out. Got introduced to it around 2016 just in time to see it hit ATH a few months later. Boy that has set unrealistic expectations for me. 

I like to imagine that people are only taking out the "profits" and keeping in their principal (in BTC)

Price really matter for all of us, although I've been here before the bull run still doesn't mean that I don't care much about the price, agree with you, the price really matters. Check out those projects, the best way to market is to hype the price, to make some people profitable so that they can share it to their friends and relatives, this is the best way to make people curious actually.

My introduction wasn't really btc related projects but btc itself. Went something like "Look at the price, it's gonna blow up soon and you'll profit". I think it was like that for most people. RIP to those who got in right before it crashed though.

Of course we profit mostly when exchanging it for fiat since price relative does take large swings every now and then and a slow upward movement over the years.

Anyone who had been in the cryptocurrencies for a while when that price surge happen knew that something was up and would soon crash since the support had been stretched thin through the next ATH after another breaking the previous ones. So it is better to wait for the price to came crashing down before buying while those who have bitcoins would sell half and another then half of their assets. This is the wiser way but you know people are driven emotionally expecting unrealistic and risky mindsets.

[deisik]

Anyone who had been in the cryptocurrencies for a while when that price surge happen knew that something was up and would soon crash since the support had been stretched thin through the next ATH after another breaking the previous ones

Everyone is wise after the event

But in 2017 there were enough people even here, on the forum, who had been fooled and dizzied by the exponential rise of Bitcoin's price. Actually, most of the forum went off their rocker back in the day. It was no use trying to explain to all these people that the crash was sort of inevitable as they were extremely aggressive toward anyone who had been ever so slightly cautious and suspicious about so insane a rise. You would read things like "millions of dollars sitting in the orderbooks waiting to buy Bitcoin if there is a small correction". These dollars then quickly disappeared provided they had been there at all

[DaftAjax]

the first thing must be their interest we should develop their interest in bitcoin by introducing them in this forum, staying in this forum they will gradually learn about bitcoin and i am sure that they will want to invest in bitcoin after knowing everything about it.

Just because they get involved in this very forum and read thru topics will mean that they will learn everything there is to know. IMO, the basic information they provide in this forum wouldn't be enough. Users must experience it first hand and should not just be satisfied by hearsays, sure you'll be aware of what might happen, but being confident in what you're doing would be the best case. I will not deny that reading gives you probably all the information you need to know, but it should not stop there.

[Greed Dev]

Those who have been in this game for as long as 6 years are aware enough of the movements of the price Bitcoin. They know that despite all the price fluctuations one encounters along the way, the longer term will always be a world better. The prices of Bitcoin and so many altcoins a few years before were unbelievably cheap no member could have imagine it would balloon this high.   

It is driven by a large manipulation organization that pushes its price up every year.
A decentralized market, no government, no law is too great for drug dealers and weapons to stay.
That's why our crypto market is condemned by many governments and this view is not wrong.
When those organizations see that bitcoin and alts are no longer valid, they can leave at any time. Therefore, we also need to be careful if investing from now on.

[Mometaskers]

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My introduction wasn't really btc related projects but btc itself. Went something like "Look at the price, it's gonna blow up soon and you'll profit". I think it was like that for most people. RIP to those who got in right before it crashed though.

Of course we profit mostly when exchanging it for fiat since price relative does take large swings every now and then and a slow upward movement over the years.

Anyone who had been in the cryptocurrencies for a while when that price surge happen knew that something was up and would soon crash since the support had been stretched thin through the next ATH after another breaking the previous ones. So it is better to wait for the price to came crashing down before buying while those who have bitcoins would sell half and another then half of their assets. This is the wiser way but you know people are driven emotionally expecting unrealistic and risky mindsets.

Yes, it looked anomalous. There seem to be no good reason for it to rise up like that. But then again, hindsight is 20/20. Most people had a "just a few bit more" attitude and waited for more before deciding to sell off.

Lucky enough to not buy at those massively pumped up prices. People who "lost" money are mostly those who first heard of BTC during that rally.

[Triffin]

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My introduction wasn't really btc related projects but btc itself. Went something like "Look at the price, it's gonna blow up soon and you'll profit". I think it was like that for most people. RIP to those who got in right before it crashed though.

Of course we profit mostly when exchanging it for fiat since price relative does take large swings every now and then and a slow upward movement over the years.

Anyone who had been in the cryptocurrencies for a while when that price surge happen knew that something was up and would soon crash since the support had been stretched thin through the next ATH after another breaking the previous ones. So it is better to wait for the price to came crashing down before buying while those who have bitcoins would sell half and another then half of their assets. This is the wiser way but you know people are driven emotionally expecting unrealistic and risky mindsets.

Yes, it looked anomalous. There seem to be no good reason for it to rise up like that. But then again, hindsight is 20/20. Most people had a "just a few bit more" attitude and waited for more before deciding to sell off.

Lucky enough to not buy at those massively pumped up prices. People who "lost" money are mostly those who first heard of BTC during that rally.

Yeah! Those who were not with bitcoin during its dumps, they were not able to devise market strategies to take benefits of massive increase in the value of bitcoin. They simply decided to get hands on bitcoin in order not to miss the rally to moon. They were unaware of the volatile nature of bitcoin so when it started going down, such people did panic selling which ultimately resulted into losses.

[South Park]

It is my lesson learned that in convincing people about Bitcoin you should not focus in the future. They will not be convinced about it. They are thinking about risk and what will happen to their money. Instead of your predictions which are not a guarantee nor even accurate, focus in the past. Let them see how Bitcoin is transforming into a billion dollar technology from a simple attempt to contribute to a little to change the world. Let them see how the $9,500 Bitcoin started from $0.00000.

I am not really convinced that is the best way to try to get people to adopt bitcoin, I understand that everyone understand the language of self-interest and showing how an asset went from zero to thousands of dollars is really impressive but in that case they will adopt bitcoin only for the material gains they could get, and while professional investors will have no problem managing their emotions when the price goes down the average person will not be able to cope with their emotions and will most likely sell for a loss and then they will blame you for it.

so for involving the average people in bitcoin we should not force them to invest money in bitcoin while they does not know anything about it, the first thing must be their interest we should develop their interest in bitcoin by introducing them in this forum, staying in this forum they will gradually learn about bitcoin and i am sure that they will want to invest in bitcoin after knowing everything about it. so in this way if something bad happened they will not blame you and also they will learn how to deal with their emotions.

It is better to let people learn at their own pace, when I first got involved in bitcoin it was not because anyone convinced me, I just needed a way to buy something and bitcoin was the best choice, many people do not feel the need to inform themselves about bitcoin because they are perfectly happy with their fiat and the way it works, and it is the reason why I think that when fiat begins to show even the smallest hint that things are not right then there will be an increased interest in bitcoin and other cryptocurrencies.

[suvo05]

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My introduction wasn't really btc related projects but btc itself. Went something like "Look at the price, it's gonna blow up soon and you'll profit". I think it was like that for most people. RIP to those who got in right before it crashed though.

Of course we profit mostly when exchanging it for fiat since price relative does take large swings every now and then and a slow upward movement over the years.

Anyone who had been in the cryptocurrencies for a while when that price surge happen knew that something was up and would soon crash since the support had been stretched thin through the next ATH after another breaking the previous ones. So it is better to wait for the price to came crashing down before buying while those who have bitcoins would sell half and another then half of their assets. This is the wiser way but you know people are driven emotionally expecting unrealistic and risky mindsets.

Yes, it looked anomalous. There seem to be no good reason for it to rise up like that. But then again, hindsight is 20/20. Most people had a "just a few bit more" attitude and waited for more before deciding to sell off.

Lucky enough to not buy at those massively pumped up prices. People who "lost" money are mostly those who first heard of BTC during that rally.

Yeah! Those who were not with bitcoin during its dumps, they were not able to devise market strategies to take benefits of massive increase in the value of bitcoin. They simply decided to get hands on bitcoin in order not to miss the rally to moon. They were unaware of the volatile nature of bitcoin so when it started going down, such people did panic selling which ultimately resulted into losses.

That was what exactly happened with bitcoin in late 2017 and 2018 after the bitcoin started getting high lot of people just brought it as a method of getting rich quickly. Lots of people buy over 10k$ just trusting the hype that it would go 50k$. But as it drops maximum of such people did the panic sell. Though it may not be the only cause of BTC price drop that time but it was a major cause.