BEEN IN THIS GAME FOR 6 YEARS

[minime0105]

I've only been in since the start of 2017, so a comparative youngster amongst the old-timers
I've gone from being excited about the price rises and thinking they would never end, to a more realistic and longer-term view now. It's probably the same for everyone that the longer you're in, the more ups and downs you experience first-hand, and so the more you look towards the longer-term view.
It is a good sign that many old-timers are still around. It goes to show that crypto still has a very bright future, and yes, even in late 2019 we are really still in the early days. There is so much more to come from crypto, the untapped potential is just huge, and we have scarecly touched the mainstream yet in terms of proper real-world use.

Most old timers are just lucky folks that got referred to Bitcoin by an ad or through the thousands of online articles. The true winners are those that came early, mined early, and held on to those mined coins with balls of steel. Yes this is still the early days and those old timers that won would continue to be here for a long time. But even then, those people would not have hoped in their wildest dreams that this piece of code that they own virtually could one day be worth nearly $20,000 that is crazy. So what happen in future 10 years. is also going to be same crazy. maybe more.

[styca]

Most old timers are just lucky folks that got referred to Bitcoin by an ad or through the thousands of online articles.

I don't know, I think that's being a bit harsh, they still had to take the decision to buy in.

I am one of those who heard about it fairly early, but didn't buy in until much much later. I think the first article I read explained about how bitcoin was mined by solving maths puzzles, and I just thought why? I didn't understand the proof-of-work concept, and I couldn't see the point. I barely skimmed the surface, and was too lazy or too dismissive to research further, and as a result I didn't buy in until much later, when the prcie was much higher. At least I missed Mt Gox though... that must have been hell to go through.

[ashmodeus]

well, good words btw.
i also already joined this game since 6 years ago.
but,sadly,I didn't think that far ahead
when i get some btc, i sell it to buyers in my country,well on that time There are no official buyers.
if i think back, i've a lot of btc from giveaway,twitter quiz , many more.
i believe you have a good mindset.
and I believe you are older than me

[1Referee]

Had I known that Bitcoin will eventually reach the level that it is now, maybe I could have bought more Bitcoin but that is already in the past.

I keep seeing people say that, but most of them don't understand that even when they bought at what we consider very low levels today, they would have sold their coins 10-20-30% higher to secure profits. The Bitcoiners who held their coins to where we are today did so not to profit, but because they are convinced of Bitcoin's properties as decentralized money.

In the end, hindsight talk is cheap talk, what matters is that you know what the value of Bitcoin is today and that you should hold your coins firmly, otherwise you'll end up asking yourself 'maybe if should have bought more Bitcoin' once again. Bitcoin won't be a sub $10,000 coin for ever. Utilize this opportunity to hoard more.

[STT]

I was mining Bitcoin 6 years ago, the critical thing here was whether you were rich 6 years ago or not.   If you are not rich then likely you didnt keep alot of BTC around through the big ups and downs.   Its alot easier to have benefited if holding a couple hundred BTC back when it was $100 was not more then pocket change.    I would only be negative on myself for being enthusiastic on PGP a long time before BTC but not recognizing this also could be a game changer.   I still would have had no money especially but I would have taken on more risk had I thought through realistic prospects and demand might be more regular then many expected, ie. I should have been more bullish and risked more capital.
      BTC charts are alot more chaotic then almost any other market I can think of, alot of people get thrown off this rollercoaster.  On that basis I think it confuses many so theres tons who still dont think anything of BTC is more then digital beanie babies or something to dismiss and will be replaced easily.

now the response is did bitcoin not crash.

This would be unfair criticism of anything really.  Bitcoin itself has been fairly solid for a long while, the price going up and down is a market mechanism that serves a purpose and is not a negative.   If the BTC price has to be low to get more people involved then so be it, nothing there to criticize and that we have people too focused on price going up is really the only negative imo.

[meliodas]

Had I known that Bitcoin will eventually reach the level that it is now, maybe I could have bought more Bitcoin but that is already in the past.

I keep seeing people say that, but most of them don't understand that even when they bought at what we consider very low levels today, they would have sold their coins 10-20-30% higher to secure profits. The Bitcoiners who held their coins to where we are today did so not to profit, but because they are convinced of Bitcoin's properties as decentralized money.

In the end, hindsight talk is cheap talk, what matters is that you know what the value of Bitcoin is today and that you should hold your coins firmly, otherwise you'll end up asking yourself 'maybe if should have bought more Bitcoin' once again. Bitcoin won't be a sub $10,000 coin for ever. Utilize this opportunity to hoard more.

Yes. A lot of people are complaining for not buying more bitcoin but even though there is already an opportunity in front of them, they still didn't take an action. If you are really into bitcoin investing then it would be easy as pie for you to buy bitcoin regularly and hold them despite of the price fall and you will not be tempted to sell at a small profit margin.

[Casdinyard]

Had I known that Bitcoin will eventually reach the level that it is now, maybe I could have bought more Bitcoin but that is already in the past.

I keep seeing people say that, but most of them don't understand that even when they bought at what we consider very low levels today, they would have sold their coins 10-20-30% higher to secure profits. The Bitcoiners who held their coins to where we are today did so not to profit, but because they are convinced of Bitcoin's properties as decentralized money.

In the end, hindsight talk is cheap talk, what matters is that you know what the value of Bitcoin is today and that you should hold your coins firmly, otherwise you'll end up asking yourself 'maybe if should have bought more Bitcoin' once again. Bitcoin won't be a sub $10,000 coin for ever. Utilize this opportunity to hoard more.

Yes. A lot of people are complaining for not buying more bitcoin but even though there is already an opportunity in front of them, they still didn't take an action. If you are really into bitcoin investing then it would be easy as pie for you to buy bitcoin regularly and hold them despite of the price fall and you will not be tempted to sell at a small profit margin.

Actually that's the irony for normal people, if bitcoin price is on top, they're all eager to buy even at the peak but when price is dump, people don't bother to buy instead they're planning to sell. Those people don't know and understand the accumulation stage for bitcoin and to seize the opportunity.

If they just got to realize the chances they are wasting, they surely go crazy now.

[Periodik]

Had I known that Bitcoin will eventually reach the level that it is now, maybe I could have bought more Bitcoin but that is already in the past.

I keep seeing people say that, but most of them don't understand that even when they bought at what we consider very low levels today, they would have sold their coins 10-20-30% higher to secure profits. The Bitcoiners who held their coins to where we are today did so not to profit, but because they are convinced of Bitcoin's properties as decentralized money.

In the end, hindsight talk is cheap talk, what matters is that you know what the value of Bitcoin is today and that you should hold your coins firmly, otherwise you'll end up asking yourself 'maybe if should have bought more Bitcoin' once again. Bitcoin won't be a sub $10,000 coin for ever. Utilize this opportunity to hoard more.

Yes. A lot of people are complaining for not buying more bitcoin but even though there is already an opportunity in front of them, they still didn't take an action. If you are really into bitcoin investing then it would be easy as pie for you to buy bitcoin regularly and hold them despite of the price fall and you will not be tempted to sell at a small profit margin.

Actually that's the irony for normal people, if bitcoin price is on top, they're all eager to buy even at the peak but when price is dump, people don't bother to buy instead they're planning to sell. Those people don't know and understand the accumulation stage for bitcoin and to seize the opportunity.

If they just got to realize the chances they are wasting, they surely go crazy now.

Because they are being a flock of sheep. They do not make their own assessment and analysis of what has been happening in the crypto world. In the end, they are consumed by their emotions. When seeing green they are hopeful and yet they do not have any Bitcoin left. So they buy, and by the time they do it, the candles are already showing correction. And so they are afraid, feeling panic, that the prices will be going straight to the bottom, and so they sell. And if they will not get any mature than this, they will always get caught by this foolish cycle. 

[judeafante]

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.

You are lucky to have believe and actually predicted Bitcoin's price in 2017 but you cannot do that anymore because market is now unpredictable more than ever, it should not be because we are in massive promotion and adoption but still Bitcoin is going down.
People are still seeing volatility in the market that makes them to delay buying, which should not be the case only if they see the big picture coming.

[Kyraishi]

There's a lot of people who've been involved in cryptocurrencies for several years now, and we've all seen and heard stories of people buying BTC when it's sub 2,000, 1,000, 100 and then making millions of profit later on.

I don't think you can rely on anyone's prediction at all except your own, most of them are just random guesses (like your estimate of 10,000) and technical anaylsis works, but isn't always correct in this industry.

[jets567]

Well we can't please everyone to buy Bitcoin instead we can educate them to learn how this system works so they will knew about the benefits they could get from getting involve, I've been exposed to this super volatile market for almost 3 years and I have experience the ups and down during those years.

Having patience and trust in the system will be the key to become successful on your journey in crypto industry, we still have a long way to go for the mass adoption and we will see a lot of changes during the process but be proud of yourself since you are amongst the early adopters of this future technology.

[Golftech]

There's a lot of people who've been involved in cryptocurrencies for several years now, and we've all seen and heard stories of people buying BTC when it's sub 2,000, 1,000, 100 and then making millions of profit later on.

I don't think you can rely on anyone's prediction at all except your own, most of them are just random guesses (like your estimate of 10,000) and technical anaylsis works, but isn't always correct in this industry.

Predictions based from past experienced have a higher chance if being analyze by knowledgeable people from the industry, though you are correct that there's no accurate position to be made. Everyone's opinion is valid if they are using technical analysis and they've interpret the market on their own.

Your hard research  will help you get something good out from the market, if you will pay attention to every single details that affects the movement, then you are still good to go.

[michellee]

Because in 2016, people don't see the chance for bitcoin to increase high, so people laugh at him. That is normal because they think that bitcoin can't survive for a long time. But after they see the reality and see that bitcoin increased so high, they will not laugh, and instead, they will buy bitcoin at any price. That happens too in many places because people still using a traditional way to make money. They don't realize that bitcoin can help them to produce money, and even it will bigger than what they did.

We can educate them to learn bitcoin, but it's up to them to buy bitcoin or not. If people still prefer doing their work in a traditional job, then we cannot do anything. Let them decide, and meanwhile, we can continue for what we did, and we keep trying to make money from bitcoin.

[cosmofly]

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.

$ 95k I think this is crazy. Although bitcoin is a high price, you should know that bitcoin is bumping in price. it's completely worthless and this is just a kind of manipulation tool.
When purchased at higher prices, people are more afraid of rekt. I think bitcoin only has the highest price of $ 8k.

[Genemind]

We all have different predictions. Some people are just afraid to take risks. However, you're lucky that you have trusted in the capability of Bitcoin. You can't blame those people who didn't believe in you. Bitcoin was really challenging to believe in before because of its volatility and instability. Things have changed and Bitcoin has now gained the trust of people.

[redsun114]

The revolution is actually here and bitcoin is going to be the main dominant currency within some few years’ time, we can see that the supply is even gradually closing up and about 80% of bitcoin total supply has already been used up and has adoption rate grows, so the scarcity if bitcoin becomes present which will definitely lead to surge in the value of bitcoin.

I once made that mistake in 2015 because I had heard about bitcoin but never paid attention to it, if as at the time that I heard about bitcoin investment or technology, I made a move, maybe by now, I would have been a millionaire in bitcoin, but is still not too late,  now is still there to prepare for the future which I even believe that the Future price will be much greater than that 95k, my target now is $150k.

[Broly46]

That’s a lot of risk to take for the time being and 500 dollar may sound sound a lot of money back then, and I think it’s interesting how crypto miners are the one who help bitcoin to go mainstream and making commercial video and yt was new back then and many people are willing to spend time and watch the video entirely, Netflix do not even existed so we have no many choice to steam video over the internet, it is a very good publicity to date, and you tell me now I don’t even have a time for any yt video now, since there is amazon prime Netflix blah, yt seem so generic with spamming garbage promotional videos and not worth to visit anymore.

[vintages]

In a number of times, I have gotten that same reply of 'I will wait when it goes down' then.
Then when I tried to convince many of my family and friends many regarded it as a ponzi scheme and don't blame them for thinking that way, because it was dominant then, so many of them overlooked Bitcoin then.
This same reply will make a lot of people to miss out when the price of Bitcoin hits its first six figures.

[dunfida]

In a number of times, I have gotten that same reply of 'I will wait when it goes down' then.
Then when I tried to convince many of my family and friends many regarded it as a ponzi scheme and don't blame them for thinking that way, because it was dominant then, so many of them overlooked Bitcoin then.
This same reply will make a lot of people to miss out when the price of Bitcoin hits its first six figures.

And this is where regret do happens and the thing might happen here is  that they would already be eager to ask you out about it.
Just like in the past where i do tell out my family about it but they do simply neglect me and when prices hits up on those 5 digits or reaching
ATH's then they become interested but i didnt bother to introduce to them since i know that it might be the peak price and im the one to be
blamed when they lost up money and i was right the price goes back to the floor.That was a close call.

[rdluffy]

You have a gret point of view, I'm in this "game" for 3 years, and I learnt a lot during these years and we have same opinions, the prediction of price is just a fun game, but we have to accumulate as much BTC as we can to be in a good position in the future, maybe BTC can crash, it's something we have to know, but we could look this price of 8k USD as a bargain if BTC reach 50k, or something more for example