You the local Bitcoin joke in town?

[Wysi]

Yes, this time it seems like we are already going in right direction as not only bitcoin but other altcoins have got a pump and I think this year will make a difference but I think this current pump is temporary wherein whales are just implementing their tactics to cashout by pumping the value and trust me the value will be dumped hard before the halving so that whales can reinvest at a lower price. This is my personal opinion but again next few weeks will help us understand how the market is going to be.

[riso2015]

absolutely right, I guess that's what I'm experiencing too. In 2017, I was very active in promoting bitcoin to my friends, but now they are very sorry, and even made fun of me, because the price of bitcoin is thrown away from their plans.

Stay patient, friend. We will show them that what we have introduced them is reality. Maybe now they can laugh at us because the price of Bitcoin has dropped not as we expected, but we have to be patient to see the price of Bitcoin will rise again in next year.

[imutlinda]

absolutely right, I guess that's what I'm experiencing too. In 2017, I was very active in promoting bitcoin to my friends, but now they are very sorry, and even made fun of me, because the price of bitcoin is thrown away from their plans.

Stay patient, friend. We will show them that what we have introduced them is reality. Maybe now they can laugh at us because the price of Bitcoin has dropped not as we expected, but we have to be patient to see the price of Bitcoin will rise again in next year.

sometimes indeed we will always be repulsive when we want to provide information about crypto to those closest to us. but if we already get enough results then they will ask afterwards, because some people are more concerned with the benefits obtained than knowing the technology in it. therefore they will be interested if we have made big money, because I experienced it too

[istiak2277]

yes, I think most of the shops that started to accepted btc as payments they stop it because of huge price drop. The Btc market is very unstable which is not very good for it to use as a payment system for local shops and markets.

[whyrqa]

absolutely right, I guess that's what I'm experiencing too. In 2017, I was very active in promoting bitcoin to my friends, but now they are very sorry, and even made fun of me, because the price of bitcoin is thrown away from their plans.

Stay patient, friend. We will show them that what we have introduced them is reality. Maybe now they can laugh at us because the price of Bitcoin has dropped not as we expected, but we have to be patient to see the price of Bitcoin will rise again in next year.

I think that those people who taunt a person do not need to pay attention, because they do not understand anything in the cryptocurrency and do not receive any information about everything that happens on the cryptocurrency market in order to objectively condemn the actions of a person.  For example, I used a lot of my Bitcoins in 2016 when the price went up to $ 500 per coin, and when in 2017 the price of Bitcoin went up to $ 20,000, I really regretted what I did.  And my wife doesn’t even want to talk about this topic, because it is because of this that she may begin to have a tantrum.  After all, it was because of her influence that I spent all my bitcoin.

[slaman29]

Don't worry KPrawn, this will all go away in time. But I hope you learnt your lesson and from now on only tell people about Bitcoin as a tech and as a user, never as a speculator. I mean, they will all still end up talking to you and thanking you one day (If they hodl now of course) but I think in the short term you've to remember people are impatient.

[crwth]

My account registration has nothing to do with this. I bought bitcoins when the price was around $300 and I made very good profits on those coins. My friends saw this and they wanted to do the same, so I showed them what to do.

Sorry, I misunderstood the totality and didn't understand that it's just your friends . I thought you were included in it and I worried that why would you be included in those times? You're a veteran here already and I just didn't completely absorb what you posted.

Unfortunately most of them did not listen to my advice to buy low and sell high, so they jumped in at the ATH in 2017. I do not blame myself for their mistakes, because I gave them good advice at the time, they were just greedy. (I even softened the blow to some of them, by covering some of their losses, with some of profits that I made in previous years.)

If you have advised them, then it's not your fault. It's totally theirs unless you made it your mission to make them buy. Sadly, those days are gone for now. Maybe in a few years, we could go back to those all-time highs.

What a good friend you are, giving them BTC. I have bought it during the ATH, can you send me some too? Just kidding 

[californiaquail]

As far as I'm concerned, I've been doing my job promoting Bitcoin since it was trading around $400, of course no one took it seriously until it reached $15,000, then everyone I knew got burned  buying in FOMO, joke's on them, not on us.

yes, I think most of the shops that started to accepted btc as payments they stop it because of huge price drop. The Btc market is very unstable which is not very good for it to use as a payment system for local shops and markets.

Most of shops either use Bitpay or Coinbase, which now allows for instant stable-coin conversion, actually making it possible to buy & well safely with bitcoin without having to convert to USD.

[Artemis3]

Now, this might sound strange, but a few years ago Bitcoin was doing very well and people sat up straight and Bitcoin grabbed their

attention. (Around 2017 when the Bitcoin price reached it's all time high of around $18 000 per bitcoin.)  Many people started to take

Bitcoin seriously and they thought it would go mainstream soon.


I was one of them and I told that to everyone that took the time to listen and some of them did. A lot of my friends bought bitcoins at

the all time high, believing that the price would skyrocket to $20 000 or even $50 000 per coin. As you know this did not happen and the

price dropped with more than 80%.

Since then a lot of us Bitcoiners became the laughing stock and the butt of the joke for the people who were too scared to take the

risk.

I hope we can prove them wrong and that we can turn this around in 2020 and have the last laugh, but I hope this is not too late for

the majority of my friends who are holding on with the tip of their fingers. 

Well they are right to be angry because what you did was very wrong. Even I knew that December price went too high too quickly and was bound to correct. The higher and faster it went, the bigger of this possibility coming. Once past 15k or so, i was even telling people to hold on, and wait to see if things calm down. You did the opposite, so there.

If someone asks when is the time to buy, it would be about the same time the price has been boringly stable, actually when not many bother buying or selling. When everyone is buying, this is a red flag. Everyone selling is also another type of red flag, but bitcoin being what is is, you are unlikely to see that (bear) sentiment last long.

Currently bitcoin has long been near 7k, its not a bad time to buy some more. If it suddenly spikes you wait to see if it holds. If you are a trader you may even decide to sell and wait until it goes back down, but this is not always certain, so its your risk to take. But a holder doesn't need to worry about that. And if you bought high, such as 18k, you have to wait until it reaches that price again or even higher, before selling any of it. A true "bitcoiner" won't sell anyway, unless absolutely needed, so any price is good. You just missed the chance to buy more bitcoin for the same amount of fiat, and even mislead people into doing the same.

So next time price spikes and you see everyone and their cat buying, YOU shut up or tell them to wait. Doubt they will believe in you anymore, so keeping quite would be best.

Look at the WHOLE graphic, since inception in 2009 until today, bitcoin price is a logarithmic curve that starts almost vertical, rising in value very fast and very quickly in the beginning, gradually slowing down overtime until it approximates a horizontal line with little price increase over an even longer span of time.

[seoincorporation]

Maybe we are the local Bitcoin Joke in town for now, but you know how they say, the one who laughs at last laughs better... A lot of people who buy at $20k still holding with the faith to see bitcoin higher than that, and if they are waiting now that doesn't mean it will not happen in the future, so, for now, we are the joke, but let's see who is laughing in 2025

[Tary12]

yes I agree it looks like in 2020 bitcoin will be victorious at a time when bitcoin is skyrocketing and very reliable, by the beginning of 2020 bitcoin has begun to look skyrocketing again. I hope this will become a sweet dream for all of us.

[karanggatak]

I also hope that in 2020 or 2021 bitcoin can reach a new ATH so that this will be strong evidence that bitcoin is still reliable and a profitable investment tool. and we can smile and laugh in front of people who have mocked us before. but actually in my opinion even though bitcoin did not reach the new ATH this year. we have already benefited from bitcoin investments. let people make fun of us as long as it is important that we can succeed and achieve financial freedom.

[Cacingkemi]

I also hope that in 2020 or 2021 bitcoin can reach a new ATH so that this will be strong evidence that bitcoin is still reliable and a profitable investment tool. and we can smile and laugh in front of people who have mocked us before. but actually in my opinion even though bitcoin did not reach the new ATH this year. we have already benefited from bitcoin investments. let people make fun of us as long as it is important that we can succeed and achieve financial freedom.

we can only wait for the right time when those who laugh at us previously experience deep regret for not being involved in this field and can feel happiness when we get huge profits when market prices have increased sharply and are able to break new history throughout the year because market prices have increased which is sharper than in previous years

[aoluain]

absolutely right, I guess that's what I'm experiencing too. In 2017, I was very active in promoting bitcoin to my friends, but now they are very sorry, and even made fun of me, because the price of bitcoin is thrown away from their plans.

Stay patient, friend. We will show them that what we have introduced them is reality. Maybe now they can laugh at us because the price of Bitcoin has dropped not as we expected, but we have to be patient to see the price of Bitcoin will rise again in next year.

sometimes indeed we will always be repulsive when we want to provide information about crypto to those closest to us. but if we already get enough results then they will ask afterwards, because some people are more concerned with the benefits obtained than knowing the technology in it. therefore they will be interested if we have made big money, because I experienced it too

Correct, the future will prove to them how they had a opportunity to educate
themselves and embrace the technology earlier rather than later.

I have first hand experience of this, I was told about Bitcoin back around
2012 and shrugged it off as "tokens for gamers" .....

Look where we are now!

[barabarian1]

in my opinion we will just laugh out loud and be happy in 2021. because I think bitcoin will not go to the moon in 2020, bitcoin will reach a new ATH in 2021. after reducing by half bitcoin will take at least a year to pump high. as happened in 2016 bitcoin was reduced by half and reached the month in 2017. but I am always sure I can reply to ridicule people who do not believe with bitcoin. I am sure in the future bitcoin will make us successful.

[bearexin]

Peoples who bought bitcoins on the ALL TIME HIGH peak were those who made minimum research before putting their funds into and they just followed the trend and blindly invested into bitcoins. What would be expected for those? Also, bitcoins have the ability to dump the same manner they pump and it is not really wise to think that bitcoins will skyrockket a never stop. Bitcoins showed us a huge growth in the year 2017 and it was the most highest peak bitcoins ever reached, but also in that year a lot of new individuals/investors were been introduced to bitcoins that is what made them buy bitcoins at that time.

Let those peoples laugh until we see a next such great pump which might have been just started. We can sooner expect the price to reach all time high peak again.

[Artemis3]

Peoples who bought bitcoins on the ALL TIME HIGH peak were those who made minimum research before putting their funds into and they just followed the trend and blindly invested into bitcoins. What would be expected for those? Also, bitcoins have the ability to dump the same manner they pump and it is not really wise to think that bitcoins will skyrockket a never stop. Bitcoins showed us a huge growth in the year 2017 and it was the most highest peak bitcoins ever reached, but also in that year a lot of new individuals/investors were been introduced to bitcoins that is what made them buy bitcoins at that time.

Let those peoples laugh until we see a next such great pump which might have been just started. We can sooner expect the price to reach all time high peak again.

If you buy when everybody else is buying chance is high you are doing it wrong. Its usually too late. FOMO is a bad guide, which often leads to mistakes and even losses.

Why would Bitcoin or any asset pump nonstop and then STAY up? This is absurd. I can accept a steady slowly climb, because production decrease, worldwide demand, and built-in limited production. A bull run is dangerous...

If you followed the advise, don't invest what you cannot afford to lose, and bought at 19k, you would have kept those coins until the day that price is breached. Could take more years, but it doesn't matter, as its not a money you need right now. You never lose until you sell below bought price.

Current price is boring? Maybe current price is good. Keep waiting for the "run", and you will miss it.

[coin-investor]

Now, this might sound strange, but a few years ago Bitcoin was doing very well and people sat up straight and Bitcoin grabbed their

attention. (Around 2017 when the Bitcoin price reached it's all time high of around $18 000 per bitcoin.)  Many people started to take

Bitcoin seriously and they thought it would go mainstream soon.


I was one of them and I told that to everyone that took the time to listen and some of them did. A lot of my friends bought bitcoins at

the all time high, believing that the price would skyrocket to $20 000 or even $50 000 per coin. As you know this did not happen and the

price dropped with more than 80%.

Since then a lot of us Bitcoiners became the laughing stock and the butt of the joke for the people who were too scared to take the

risk.

I hope we can prove them wrong and that we can turn this around in 2020 and have the last laugh, but I hope this is not too late for

the majority of my friends who are holding on with the tip of their fingers. 

2017 is a learning lesson for all of us, but more so on those people who bought Bitcoin at their all-time high and sell it a much lower price to cut their losses because Bitcoin then was losing its value, so we are now watching for the same scenario because we would like to
avoid that, investors are very careful of FOMO once the price starts moving up, they do not want to be trapped again.

[DreamStage]

I dont care at all what others think about my actions that's why i am not saying or telling everyone what i do on a particular timeline.

It's my decision if i want to have it invested and losing it all or not. Other opinions won't affect me at all.
If that's a joke to you or they think it is like that you are on the wrong side of the crypto world.

There are so many immense ways for you to profit with crypto, it's not all about the market fluctuations.

[lixer]

yes I agree it looks like in 2020 bitcoin will be victorious at a time when bitcoin is skyrocketing and very reliable, by the beginning of 2020 bitcoin has begun to look skyrocketing again. I hope this will become a sweet dream for all of us.

Yes, the starting of the year is showing us good growth so why don't we expect the same for the entire year?
Bitcoins will never become a joke as the price is already most high as compared to the price when bitcoins were launched.

I bet none other commodity has been grown this enormously like bitcoins and hence that is getting most out of our faith and we believe in bitcoins. Bitcoins are not actually meant to make you rich overnight so how can we expect the price skyrocketing in a small interval just to give us profit? It can be wise. But, if we consider long term rate then bitcoin have the ability to skyrockket in few coming months maybe as it has shown us in the year 2017.