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Author Topic: The real reason I got into bitcoin  (Read 763 times)
22bits
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June 20, 2021, 02:18:12 AM
 #41

You can argue everything, it doesn't really exist, it is only bits and bytes somewhere, "Bitcoin is as b.s. as fiat" -Elon Musk, but in the end there will be a limited supply, if nobody wants it the value will go down, if it is widely adopted it won't be as b.s. as fiat because there is a cap on it.  I no longer go off of what Elon says, (not that I ever did), because I don't think what he produces is well thought out.
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June 20, 2021, 02:46:54 AM
 #42

You can argue everything, it doesn't really exist, it is only bits and bytes somewhere, "Bitcoin is as b.s. as fiat" -Elon Musk, but in the end there will be a limited supply, if nobody wants it the value will go down, if it is widely adopted it won't be as b.s. as fiat because there is a cap on it.  I no longer go off of what Elon says, (not that I ever did), because I don't think what he produces is well thought out.
So angry with Elon Musk mate? what does the man did to you?  Cheesy

don't worry the man is losing His crypto community support and it won't take a long before he totally lose Sympathy from this forum and the whole community of cryptocurrencies.
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June 20, 2021, 06:42:52 AM
 #43

You can argue everything, it doesn't really exist, it is only bits and bytes somewhere, "Bitcoin is as b.s. as fiat" -Elon Musk, but in the end there will be a limited supply, if nobody wants it the value will go down, if it is widely adopted it won't be as b.s. as fiat because there is a cap on it.  I no longer go off of what Elon says, (not that I ever did), because I don't think what he produces is well thought out.
So angry with Elon Musk mate? what does the man did to you?  Cheesy

don't worry the man is losing His crypto community support and it won't take a long before he totally lose Sympathy from this forum and the whole community of cryptocurrencies.
He might be used him/her so they simply followed his tweets blindly but at the end he made profits while people lost their money who entered late into the market but actually Dogecoin holders are much happier than anyone in this bull run because Elon hyped and it worked really well.
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June 20, 2021, 12:56:41 PM
 #44

Everyone has different things when I meet bitcoin, it's nice to hear that, I got into bitcoin because I wanted to have an income, and now it's been 4 years here, it's fun, in addition to earning, also getting knowledge and community.

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June 20, 2021, 03:57:44 PM
 #45

I got into bitcoin in 2016 when the bitcoin price was under 1000$.  Incidentally at that time I often completed work online that earned such as uc union.  And the MPA web, and at that time I often made friends with Indians to share about bitcoin.  At that time, not many people knew bitcoin because the price of bitcoin at that time was still quite cheap.  But I haven't had any luck with not keeping any bitcoins for now either.
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June 20, 2021, 04:02:10 PM
 #46

In my experience, the very reason why I got into bitcoin was not only for the profit and gains, I see it as something that help me secure my future. No matter what is happening right now, I am very certain that bitcoin will make it in the future. It will be legal and it might even be a currency that almost everyone will be using. That's why I decided to take advantage of the fact that I was blessed to learn about bitcoin this early since it will help me build an advantage or an added benefit in the future as some people are just starting to learn and know how to earn and spend it.
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June 20, 2021, 04:50:21 PM
 #47

FUD, you’re on here to try and convince the noobs that bitcoin is bad and you’re completely full of shit. I surely hope no one takes you seriously.

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June 20, 2021, 05:01:42 PM
 #48

After the first few sentences, I remembered reading similar thoughts and ideas somewhere - and it wasn't hard to find out who the original creator was - whether it was the OP just copying our Pizza Master or it was just his alt it is completely irrelevant at this point.

Old and stupid ideas are still old and stupid, no matter the new accounts you create to present them...

Yah sorry, used to being banned here after every post, so I make a new account most of the time.

Funny you guys want a decentralized currency, but you live on the most centralized forum I ever been on. The amount of oxymoron that happens here is pretty sad.

Anyways, enjoy working for fiat and having the central bankers enslave your kids with bitcoin for another 100 years instead of realizing they still win with shitcoin bitcoin and trying to provide ideas on how to beat them so all of humanity wins.

You know it is the old stupid idea, to have a select few create the supply, or those with fiat create the supply. It is a fresh idea to have everyone generate the supply at the same rate, no matter their ancestors history.

Why are you trying so hard to convince people with your idea, clearly nobody is interested before or now about your ideas so why don't you just let it be or better yet create your own btc let's see what you are able to come up with, if you think satoshi made a poor job, try make something that will free the world from this supposed slavery you preach so much about, lol, I can't wait to see what you come up with genius  Grin
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June 20, 2021, 06:06:26 PM
 #49

Everyone has different things when I meet bitcoin, it's nice to hear that, I got into bitcoin because I wanted to have an income, and now it's been 4 years here, it's fun, in addition to earning, also getting knowledge and community.
Knowledge and partnerships are just a gift that comes with our participation in bitcoin, the main gift that bitcoin will bring is a multi-figure income in the account because its bullish skill is a perfect spot that can help us accomplish the tasks and goals, the time to success is significantly less than when we invest in gold and real estate. But the negatives are also running parallel to the great successes, many people's main income has also become fertilizer, the market's reward is not for all

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June 22, 2021, 07:05:41 AM
 #50

everyone must have their own goals to enter bitcoin, my goal to enter bitcoin is, because bitcoin gives me financial freedom, of course the main goal is to increase income, and can help family finances,
Yes, we have our own reason involving bitcoin. Many of us come to bitcoin because, coincidentally, and we don't even know that bitcoin can be our way to make money. But after we know that bitcoin can be the way to make money and investment, we realize how important bitcoin to our life, and that makes us want to have more bitcoin.

And now, with the bitcoin price reaching $$39k-$40k, that will make people have a dream to have many bitcoins and hold it because they believe that bitcoin will increase so high in the future.
Bitcoin is also a movement. I like that term a lot better under many circumstances because a good chunk of those involved with cryptocurrencies actually started questioning the system they have been part of for the very first time. They learn about Bitcoin, get some pieces of info here and there, some talk here and there, and then they start to dig themselves. It got people politically interested, made them better understand the credit money system and how it affects society.

I like Bitcoin for many things more other than speculation and making profits of of its price increases.
Bitcoin is about learning how we can manage our funds by ourselves and learning more details about bitcoin. In the future, I guess many people will interest and invest in bitcoin, especially if they can see that people before them already make huge money from bitcoin. If they can see a real example from their closest person or people around them, that will make them curious about what it is all about.
So that can make people will have a different reason to join in the bitcoin world.

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June 22, 2021, 08:18:37 AM
 #51

I know most of you are here for fiat gains, but I am not

The real reason I got into bitcoin was I thought it was anti central banker. You know the problem of people printing unlimited supply out of thin air, backed by nothing and extorting me with it for my limited time, goods and services. It is like I am playing a game of monopoly in real life where instead of all the players starting with the same amount of cash, a few start with all of it and in unlimited amounts. To be honest this is kind of a b.s. game. So for 10 years now I have refused to sell my fruits for fiat and I plan to continue until we have a equally distributed to all participants upon creation money supply. A supply we all create at the same rate.

1 hour coin an hour.
1 sectoshi a second

Now I was a die hard bitcoin fan, still am a little, but the more I thought about the end game of bitcoin the less I became a fan. Like eventually bitcoin will be 100% premine to kids born in 2142, why don`t they get a chance to mine rewards? how is that fair to them? or how it is inevitable that circulating supply will go to 0 due to dust, bugs, lost passwords, breaking hardware, death. That does not really seem great for humanity in the future. It also leads to mass murder and robbery and eventually miner wars.

Here is the start of bitcoin
Notice how the players are just going to the middle to mine and go back to there base peaceful
https://www.youtube.com/watch?v=Q41RW6bxpM4

Here is the end of bitcoin
Notice how the players are killing each other and some coded AI and robots to steal all the jobs so the people must kill other players to obtain supply.
https://www.youtube.com/watch?v=jYJVG1fKnRo

I mean who can buy all the miners?
who can buy all the coins?
the central bankers, like the FED.

"Bitcoin is as b.s. as fiat" -Elon Musk

To be honest if I was you satoshi, I would cash out and create a fairly distributed supply. Know duration or time is a blockchain. You memories prove this blockchain exist. Everything is timestamped in time forever, including your thoughts.

Act accordingly. For we are all on a p2p network in eternity and there is no anonymity in timelessness. All is known, instantly.
Based on your story,it seems you don't have clear knowledge about bitcoin but found how these Central banks keeps the people poorer over years.

Bitcoin is not under control of anyone which means decentralized and miners are helping them to confirm transaction while get their mining block rewards along with transaction fee so in 2140 the last bitcoin will be mined it doesn't mean the miners will stoo getting their rewards, they will still make money from the transaction fee and it will be distributed.
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June 22, 2021, 10:04:27 AM
 #52


Now I was a die hard bitcoin fan, still am a little, but the more I thought about the end game of bitcoin the less I became a fan. Like eventually bitcoin will be 100% premine to kids born in 2142, why don`t they get a chance to mine rewards? how is that fair to them? or how it is inevitable that circulating supply will go to 0 due to dust, bugs, lost passwords, breaking hardware, death. That does not really seem great for humanity in the future. It also leads to mass murder and robbery and eventually miner wars.

This is very very pessimistic, the future depends on the steps we take. each of us have a say, can create & implement things. We can create new ways of governance. We can look out for the kids of the year 2142 but taking necessary action now.

Further more, I believe with how quick technology is advancing that between now and then new generations will find new ways to create systems and new models of hierarchy. The future could be a utopia if those who are conscious and aware of how their actions affect others, little lone the future of the world so long as we all don't become complacient after selfish needs of the lambo go to the moon culture.

Don't forget about the 2nd, 3rd, 4th layers to bitcoin. Universal Basic Income could be a result of crypto development. AI is unavoidable and doesn't mean it will turn the population of humans to dust of bones and flesh. When people are given more time they can work on bigger issues.

Stack your sats, create generational wealth teach your kids, nephews and nieces solid values and pass it down to them when your ready to go back to your true self, omni present and omni potent consciousness.
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June 22, 2021, 10:30:08 AM
 #53

this may be a very interesting topic to discuss.why do we get into bitcoin, because crypto currencies are like real currencies and we can do buying and selling transactions.because this is also a valuable asset to be a business or investment, what's more, in the past few weeks bitcoin experienced a significant price decline.which is an advantage if we buy as much as possible and sell it in the future. And what if the price still doesn't match what we expected, we can also save it in the time we want right.
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June 22, 2021, 11:22:25 AM
 #54

Honestly, I didn't get in because I was an anti-banker, or a lover of freedom or whatever. I do respect the ideals, and I know a lot of others quietly working their asses off for Bitcoin because they believe in something, and I can't say enough how much I admire them.

My own entry was a mix of circumstance and chance. A period in bed with nothing to do but read and ultimately, a need to find an alternative to PayPal which was my main means of receiving freelance income.

Final word. Things have changed. And we are NOT Satoshi so we should really move on from postulating on what he should and should not do.

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July 25, 2021, 02:12:59 PM
 #55

The reason why i got into bitcoin is because of saving and investing. Opportunity to earn money as a side hustle.
it's true as you said, our main goal in entering the world of bitcoin is to save and invest, actually the main purpose of entering bitcoin is to invest in the long term, bitcoin brings new challenges for us, bitcoin can also take us to the top, and can bring us down. we go down..
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July 25, 2021, 02:21:28 PM
 #56

The reason you seem attractive, some people come here just looking for profit, then go by selling bitcoin and get more fiat, but you prefer cryptocurrency because it is anti central bank, what do you think with the central bank? does it look worse than cryptocurrency?

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July 27, 2021, 02:05:23 PM
 #57

The reason you seem attractive, some people come here just looking for profit, then go by selling bitcoin and get more fiat, but you prefer cryptocurrency because it is anti central bank, what do you think with the central bank? does it look worse than cryptocurrency?

It's a natural thing that many people want, we humans really want to make good and big profits so Bitcoin is one alternative to produce it. If Bitcoin is just a place to store it, Maybe that person is wrong.

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July 27, 2021, 02:50:37 PM
 #58

To be honest, the real reason why I got into bitcoin is because of my friends who introduced me what bitcoin is and what bitcoin is all about. But initially the main reason why I wanted to enter in this environment is because of money and most of us is because of this reason. One of the main problem of the people is money and they are seeking for an environment in which they will be able to earn money. And that's the real reason why people are getting into bitcoin or cryptocurrency.
Yes very clearly , not only you . I believe everyone and almost everything the reason they go into bitcoin is money. After that the second reason like me is the freedom of time. Since I got to know bitcoin, I can be closer to my family, I can accompany my wife and children every day. Maybe if at this time I was not familiar with bitcoin, I still worked in an office that every day had to get up early and often came home late at night. There was no time for family.

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July 27, 2021, 03:16:22 PM
 #59

The reason why I got into bitcoin is to earn money through trading and investing on this digital currency  and I believe all people here have the same reason as me. I don't believe that you just strolling around in crypto space and just watch bitcoins value and demand keep on increasing. People always needs money and bitcoin is one of their way to have it.

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July 27, 2021, 04:56:05 PM
 #60

My original reason for joining bitcoin is to earn money to have a fuller life, can buy a house, buy a car but my capital is not enough to do that, I want to use my money to invest or what can be profitable and fortunately i know bitcoin through friends, after a while i feel bitcoin market is very good to invest and i started to invest, now i have made a lot of money from this investment.
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