Lessons from the Past: When bitcoin's price stabilised

[Phantomberry]

I remember in May 2010 someone pays 10,000 bitcoins to a 2 Large pizza of Papa John's pizzas. It still hilarious if you think today papa john's pizza will surely be a bitcoin millionaire today. The main point is bitcoin is still on primeval stage much more to happen in the future because the circulation supply of bitcoin does still not reach the max supply of 21 million bitcoins. There are still 3.5 million bitcoins that are still not yet mined so let's be calm and chill, forget the price of bitcoin today. Let's hope that one day we are the next bitcoin millionaire.

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[Baofeng]

I think this is much worst, if true, actress Lily Allen refuses to accept 200,000 BTC back in 2009, She could have been one of the bitcoin billionaires back in 2017. BIT UNLUCKY Lily Allen turned down chance to become a BILLIONAIRE after refusing 200,000 Bitcoins to play 2009 gig

[lienfaye]

I dont own bitcoin few years after it was launch, back then it was not popular yet and I think those who bought but didnt wait for price pump might regretting their decision of selling at the wrong time.

Sometimes its not easy to hold if you're not certain for the future of a crypto. But on the case of bitcoin we already know the past history so its a lesson for us to have lot of patience and set aside our emotion to not making a decision that we might regret days or months later. Its stabilize currently but its not a bad thing though, much better for me rather than declining.

[carlfebz2]

Lately, we have seen a lot of investors and crypto speculators saying that bitcoin's price movement is somewhat boring because it has been trading sideways for many weeks now. But I want to share something a similar incident or some scenario from the past. It was 9 years ago, early market's early stages but there's a pattern already. So this is a good time to remind everyone to just HODL and wait for the market to do it's thing. 

https://twitter.com/rockerest/status/91885405368098816

These kind of words or sentiments are just for those people who are impatient and do only mind of on making profits or money on a very short span of time or shall we say that Bitcoin didnt able to met their expectations towards it thats why when the time its prize do stabilize then they do already make complaints.

This doesnt only happen once,twice or thrice but this can happen anytime on this market and if you've been here for couple of years then these kind of circumstances wont really be a shocking thing for you.

Bitcoin can move  sideways anytime and  we cant deny that making out decisions on these situations is really hard.

[rathaha10]

Lately, we have seen a lot of investors and crypto speculators saying that bitcoin's price movement is somewhat boring because it has been trading sideways for many weeks now. But I want to share something a similar incident or some scenario from the past. It was 9 years ago, early market's early stages but there's a pattern already. So this is a good time to remind everyone to just HODL and wait for the market to do it's thing. 

https://twitter.com/rockerest/status/91885405368098816

Indeed History keeps teaching us lessons from the past which means we have a great hedge in understanding the market trend better than the early birds because crypto market seems to be working in a circle and we saw how it unfolds years back, so definitely there will be a huge run very soon!  I just hope everyone would have enough stock in his/her portfolios then

[Amel]

I don't feel bad, I feel good, I'm enjoying the time. Time is much better than other bad times for me. There is no time to think so much when I have invested here. I'm just wondering what might happen next. Just waiting for something very good.

[uneng]

It's like that saying *fools rush in*, isn't it?
I know there is a lot of pressure from people on the internet saying bitcoin is dead always the price start falling, so it's important to be very focused on your goal: if you believe bitcoin's potential and if you have been following its progress since the beginning don't change your mind just because some non-adopters are badmouthing bitcoin and making fun of its enthusiasts, otherwise you will be the one prejudiced later, not them, as you are the one holding these coins.

[Etsu]

Lately, we have seen a lot of investors and crypto speculators saying that bitcoin's price movement is somewhat boring because it has been trading sideways for many weeks now. But I want to share something a similar incident or some scenario from the past. It was 9 years ago, early market's early stages but there's a pattern already. So this is a good time to remind everyone to just HODL and wait for the market to do it's thing. 



https://twitter.com/rockerest/status/91885405368098816

This market is still new and i believe we are still yet to see it full potentials, but with the way people are looking for financial freedom, i believe bitcoin and other cryptocurrency are on the right path to massive adoption. The current price of bitcoin does not define t it's potential yet but i think with time the market will get there and every believer who hodl very dear will smile shortly no matter how pretty slow things seems to be.

[Zemomtum]

When Bitcoin stay much long  on the accumulation stage, it is an indication of a big thing lies ahead. I am just HODL and not even moved by any market sentisation.

[Wawa2013]

Therefore patience is the key to success in the investment world, I am not a person who would easily give up when seeing the boring market like now.
We should not repeat the mistakes made by Thomas Randolph who decided to sell Bitcoin in 2011, because I am sure that it will not be long Bitcoin will
surprise all of us with a pump that can at least return to the price of $ 20,000. So just hold the Bitcoin that you have, I'm sure we are all can make
a big profit from Bitcoin.

[Sadlife]

It may also have a major dump right now a lot of speculators are in the bear side, for me it's pointless to predict what Bitcoin's price movements will or what the charts say because even Crypto trading experts are just guessing right now.
The best thing to do, is to set up a stop loss in case a break out today occurs to the downside.

[maye5104]

This post proves that it's never to late to cash out. And we must be patient because Bitcoin volatility isn't here to stay for years.

[Lasky366]

Well  I can cconfidently say  people like him really regret they didn't hold bitcoin.Bitcoins price rising in that growth is like a miracle. Just a few years later it seems that when Bitcoin's worth around 10000$ or slightly below that is terrible.Actually I am pretty much happy bitcoin is now stable around $9-10k for a while it's better than hard pump or even fast dump with big time process recovery.

[coolcoinz]

This post proves that it's never to late to cash out. And we must be patient because Bitcoin volatility isn't here to stay for years.

It's never to late to not cash out and turn your savings into BTC.
Is your main goal in Bitcoin to cash out? I'd rather think how to turn my coins into physical goods. How to buy a car or a house directly with BTC, without ever touching centralized exchanges and fiat money (including cash).
The current price is very low if you look at the big picture. We will most likely go beyond 100k per coin or die trying.

[peterpanda]

This post proves that it's never to late to cash out. And we must be patient because Bitcoin volatility isn't here to stay for years.

Sometimes, we should take the risk. If we sell all the time, then market will not be right. Cash out is safe but it is not for always.

[ChiBitCTy]

A great reminder from the past.  It's funny looking back on these old threads and seeing how far we come today.  Personally I thought bitcoin stabilizing in the 9,000 range was awesome and showed maturity that bitcoin desperately needs. Why complain, it's not all about making money.

[Slow death]

A great reminder from the past.  It's funny looking back on these old threads and seeing how far we come today.  Personally I thought bitcoin stabilizing in the 9,000 range was awesome and showed maturity that bitcoin desperately needs. Why complain, it's not all about making money.

when they say that one should not put feelings in the world of investments they are not lying because when one puts feelings one will always think: "if I had buy, I would have earned X profit" or say "if I had sold before I would not have losses".

Today the price is $11000, but it could be $8000 or $5000. that's why I don't put feelings

[glowing10]

A great reminder from the past.  It's funny looking back on these old threads and seeing how far we come today.  Personally I thought bitcoin stabilizing in the 9,000 range was awesome and showed maturity that bitcoin desperately needs. Why complain, it's not all about making money.

We have come a long way from the past and price had to rise it was only matter of time when, and now we are seeing how it has touched 12k levels as well and ready to test and resistance at this level. If things continue to go well then, we may see bitcoin price even crossing 13k levels mark and this will help all the investors and new holders as well.

[yazher]

A great reminder from the past.  It's funny looking back on these old threads and seeing how far we come today.  Personally I thought bitcoin stabilizing in the 9,000 range was awesome and showed maturity that bitcoin desperately needs. Why complain, it's not all about making money.

when they say that one should not put feelings in the world of investments they are not lying because when one puts feelings one will always think: "if I had buy, I would have earned X profit" or say "if I had sold before I would not have losses".

Today the price is $11000, but it could be $8000 or $5000. that's why I don't put feelings

It's the result of our past experience with the market these past years because we all know what would gonna happened after this sudden surged. the price will go back to normal after this one and that's just the only thing we have seen so far throughout these years. The good thing is, whenever the price go down again, it will have a higher chance of rising over and over again base on what we have seen previously. Whenever the price will climb like this one, don't lose hope if you didn't buy at its low price. You will have your chance again.

[VanityWallets2015]

The boredom of this people are resulted from their dismay on not making money the way they wanted.
They just depend the opportunities trough the volatility of Bitcoin most of the time.
Long time enthusiasts, have learned to just play along with the movement of the market and thus, wiser in decision making.