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Author Topic: 1 Bitcoin, Not for everyone.  (Read 1007 times)
Nrcewker
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September 02, 2022, 04:34:56 PM
 #21


I already have mine  Grin

Many early investors already have their one Bitcoin in their asset.
I do not have a whole Bitcoin, but yes , I have something you can consider it as 1.
I have also seen that many people hate the bear market. I just don’t get that why? This bear market is rather an opportunity that everyone should take the advantage of. You are getting Bitcoins at such a low and discounted price. Rather than complaining, it will be better if you buy as many Bitcoins as you can in this price segment. When bull market returns, it will give enough profits for this smart move that we have made now.

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justdimin
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September 02, 2022, 05:33:39 PM
 #22

Bitcoin has created a lot good wave to it's investors during bull market, bad wave during bear market. Bitcoin is a seasoned coin that undergoes halving every 4 years, yet many have not gotten use to bull and bear market of Bitcoin coin, some people only get happy during the bull market as a result they forget to prepare their mind for bear market too. 1 Bitcoin = $26 (2013)   when only an average number of investors believed in it, Now that many investors are into Bitcoin investment, it cost thousands of $$  to afford 1 Bitcoin ( 1 Bitcoin not for everyone).
Well, if you are an old coiner or you joined here at a much earlier time then you already know the mechanics of it. You know that there are two cycles and that is the bear and the bull, and you know that there is also halving that takes place every 4 years. Any of these can be use on your advantage so you invest or sell accordingly.

For those who are only happy during a bull market then maybe they are new here and it was their first time to witness a dumping market but they will soon get used to that. They will realize that how can they buy a coin at a better rate if there will be no bears? It is not necessary to have a 1 btc but as long as you own something then you are already in.

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September 02, 2022, 08:42:00 PM
 #23

Its more what you do with it that matters, just purely holding 1 BTC wouldn't impress me as somebody who  constantly cycling smaller 0.1  amount or less throughout a year in business revenue.  In the end the constant cycle of currency adds up to more and I think its more profitable then purely holding back.
   The vast majority of people have to address their debt and outgoings before holding any assets and usually its for a pension which is valid, some have BTC for that and can truly say its long term.

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Detritus (OP)
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September 02, 2022, 08:51:49 PM
 #24

I believe 1 bitcoin is for everyone, especially those who keep trying to accumulate satoshi after satoshi and never stop until they reach their target. Some people want to have 1 bitcoin but don't have much money and realise they need to spend a lot of time to get 1 bitcoin. They started working harder than anyone else and, in the end, owned it and sold it at yesterday's ATH price. Now they have managed to have more than 1 bitcoin and it is not easy because they have to have great determination and intention and, of course, have a dream to have 1 bitcoin and more.

 Dream and action are two different things. Ask 1-thousand crypto enthusiasts weather they will like to own 1 Bitcoin and their answer will be yes but among them all only some can archive that goal of accumulating 1 BTC.
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September 02, 2022, 08:56:56 PM
 #25

Bitcoin has created a lot good wave to it's investors during bull market, bad wave during bear market. Bitcoin is a seasoned coin that undergoes halving every 4 years, yet many have not gotten use to bull and bear market of Bitcoin coin, some people only get happy during the bull market as a result they forget to prepare their mind for bear market too. 1 Bitcoin = $26 (2013)   when only an average number of investors believed in it, Now that many investors are into Bitcoin investment, it cost thousands of $$  to afford 1 Bitcoin ( 1 Bitcoin not for everyone).

perhaps Now that the potential of Bitcoin have been globally let out and with regards to more innovation, the price will continue to go that many can not afford 1.

Holy crap, Detritus you are still around?

This is obviously off topic but I remember you had a thread on how to build a cheap DIY wooden open air GPU rig. And I book marked bitcointalk with that thread. So whenever I wanted to go to Bitcointalk, I clicked your link. And I would see your nickname and avatar everytime. Seen it perhaps 2000 times.

Then I see you made a topic, I had to blink my eyes to see if it was posted in 2022 and it was. Man I remember your posts from over 10 years ago.

Wondering if its actually you and not a bought account. Great to see you are still around.

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September 02, 2022, 08:57:10 PM
 #26

I believe 1 bitcoin is for everyone, especially those who keep trying to accumulate satoshi after satoshi and never stop until they reach their target. Some people want to have 1 bitcoin but don't have much money and realise they need to spend a lot of time to get 1 bitcoin. They started working harder than anyone else and, in the end, owned it and sold it at yesterday's ATH price. Now they have managed to have more than 1 bitcoin and it is not easy because they have to have great determination and intention and, of course, have a dream to have 1 bitcoin and more.

 Dream and action are two different things. Ask 1-thousand crypto enthusiasts weather they will like to own 1 Bitcoin and their answer will be yes but among them all only some can archive that goal of accumulating 1 BTC.
We have to work hard to achieve that especially if you are starting at the bottom and really don’t have much money to buy in bulk. Many wants to have 1 Bitcoin without doing anything, that’s too bad for them but kudos to those who are doing a great job and slowly working for their dreams, this is not the end for Bitcoin yet and there’s still a lot of time to accumulate.
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September 02, 2022, 09:58:58 PM
 #27

We have to work hard to achieve that especially if you are starting at the bottom and really don’t have much money to buy in bulk. Many wants to have 1 Bitcoin without doing anything, that’s too bad for them but kudos to those who are doing a great job and slowly working for their dreams, this is not the end for Bitcoin yet and there’s still a lot of time to accumulate.
How possible is this to get 1 Bitcoin without working, maybe they are living on a real dreams and will stay on that as long as they didn’t start to work hard. Getting your first Bitcoin is very hard and it will take a lot of time and effort, I’m still far from this target but I’m not giving up because I know Bitcoin is a big thing. BTC is not for everyone, many are just too lazy to study and have their own research, again if you want to succeed in life you should start working for that, there’s no shortcut to become successful.

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adzino
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September 03, 2022, 01:25:12 AM
 #28

Bitcoin has created a lot good wave to it's investors during bull market, bad wave during bear market. Bitcoin is a seasoned coin that undergoes halving every 4 years, yet many have not gotten use to bull and bear market of Bitcoin coin, some people only get happy during the bull market as a result they forget to prepare their mind for bear market too. 1 Bitcoin = $26 (2013)   when only an average number of investors believed in it, Now that many investors are into Bitcoin investment, it cost thousands of $$  to afford 1 Bitcoin ( 1 Bitcoin not for everyone).

perhaps Now that the potential of Bitcoin have been globally let out and with regards to more innovation, the price will continue to go that many can not afford 1.
Why do you have to own exactly 1 bitcoin? You don't need that. You can own any amount of bitcoin and make profits. If you are saying 1 bitcoin isn't for everyone, then you can also say 10 bitcoin isn't for everyone. Focus on the amount of money you can invest in bitcoin, not the number of bitcoins you have. Keep investing and holding. Eventually you will be able to own at least 1 bitcoin.

And isn't it obvious that people will only be happy during bull market? Are you happy to see your portfolio go down during a bear market?

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September 03, 2022, 02:53:59 AM
 #29

But it could be very hard, not just in terms of money that you have to accrued to make that 1 bitcoin, but the time and the mentality as well. 10-15 years, might take too long for the majority of us. Or maybe some of us can't afford that time because we started late in our bitcoin accumulation. So personally, I would not just push myself into it, of course I will save what I can only afford and dream that someday I will be a member of that prestigious group. But don't put too much demand on yourself. Pushing yourself might end up bad for some of us.
It may seem difficult but we still have plenty of time to try it to have that chance. But we don't have to force ourselves to get it because we also have to manage our time. That way, we can find a good way to do it and I'm sure it's just a matter of time for us to collect up to 1 bitcoin.

Dream and action are two different things. Ask 1-thousand crypto enthusiasts weather they will like to own 1 Bitcoin and their answer will be yes but among them all only some can archive that goal of accumulating 1 BTC.
It's two different things but they are related. If you have a dream and are also trying to pursue that dream, you have the opportunity to make your dreams come true. But if you don't try to chase your dreams, it won't do you any good. We can see how many people can succeed in pursuing their dreams while many people fail to achieve their dreams. We are lazy people who want our dreams to come true. But unfortunately, it will not happen if we do not try.

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September 03, 2022, 04:57:05 AM
 #30

Bitcoin has created a lot good wave to it's investors during bull market, bad wave during bear market. Bitcoin is a seasoned coin that undergoes halving every 4 years, yet many have not gotten use to bull and bear market of Bitcoin coin, some people only get happy during the bull market as a result they forget to prepare their mind for bear market too. 1 Bitcoin = $26 (2013)   when only an average number of investors believed in it, Now that many investors are into Bitcoin investment, it cost thousands of $$  to afford 1 Bitcoin ( 1 Bitcoin not for everyone).

perhaps Now that the potential of Bitcoin have been globally let out and with regards to more innovation, the price will continue to go that many can not afford 1.
It is true that it is getting harder to obtain a whole bitcoin, but it is precisely why people need to begin to invest in bitcoin now because if they leave it for later then it is going to get even harder.

Now some people may believe this is unfair, and maybe this is true, but that is how the world works, and if they want to be able to take advantage of the opportunities that bitcoin will bring them they have no other option but to start their journey now, besides even if the price of bitcoin is very high right now those people had years to buy bitcoin for a decent price and they wasted that opportunity, so that's on them and they can a blame bitcoin for it
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September 03, 2022, 05:14:40 AM
 #31

controlled only by the big or institutional  investors.

If that were the case then Bitcoin will have failed.  To have a system only accessible only by the largest entities would only make it a duplicate of the current system biased to governments and politics, constantly undermined by control of printing presses with new supply of currency given to those favored by the elite.    No point having BTC if that were the case, however peoples ideas of capitalism are horribly incorrect; its just that we dont live in a capitalist economic system hasn't been true for decades.
   BTC needs to emphasize the bit part, it must be liquid and equally available to all in an entirely equal way and I certainly will watch for that to true as to its failure or success.  Its the one indicator more reliable then price imo

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bluebit25
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September 03, 2022, 06:57:02 AM
 #32

Even with some of the personal cases that I am seeing for myself since getting to know crypto, I still see the popularity of many people increasing, but it is only a small part. As no one in my family can afford to buy it and understand it in a basic way, some people have heard about it through the media and the value it brings. However, the majority of them believe that it is not for their lives to pay attention, causing the world to increase, but for those who cannot even access the internet, they do not need to know about BTC. Nothing, and they still lead a simple life.









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Kadal Ijo
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September 03, 2022, 01:45:09 PM
 #33

The current Bitcoin price is around $ 19900 and to get 1 BTC then I have to work from 2.5 years, only the Pope can buy 1 BTC, it might look very expensive so that makes many people regret not buying Bitcoin when the price is cheap, maybe we can't immediately buy 1 BTC but whatever we can invest in bitcoin.

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September 03, 2022, 06:06:30 PM
 #34

Even with some of the personal cases that I am seeing for myself since getting to know crypto, I still see the popularity of many people increasing, but it is only a small part. As no one in my family can afford to buy it and understand it in a basic way, some people have heard about it through the media and the value it brings. However, the majority of them believe that it is not for their lives to pay attention, causing the world to increase, but for those who cannot even access the internet, they do not need to know about BTC. Nothing, and they still lead a simple life.
That was true, bitcoin is not yet known for the many, that is why its popularity can still rise. This is not a small part but adoption plays a major role for the success of btc. You can say that you can't afford it but there will be people that can, because they have a better job and they have that because they are smart and skilful so they can be able to understand btc if what is it and what is its purpose.

Media is so powerful but not only it can increase the value of btc that way, but that will also be the way for the collapse of btc especially if the news is mostly negative. Some thinks btc isn't important but that is only for today. I know they will change their views soon about it.

n0ne
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September 03, 2022, 09:33:38 PM
 #35

The current Bitcoin price is around $ 19900 and to get 1 BTC then I have to work from 2.5 years, only the Pope can buy 1 BTC, it might look very expensive so that makes many people regret not buying Bitcoin when the price is cheap, maybe we can't immediately buy 1 BTC but whatever we can invest in bitcoin.
I'm not sure, even the POPE won't be able to buy 1BTC as he doesn't have any salary. Shocked Shocked

For most of the people who make their living out of a day job it is quite hard to buy 1BTC as a whole. This had changed with time. In the past people were able to buy it as a whole, but people ignored and now they are showing interest to invest based on what is available. Anyhow end of the day it is gonna benefit based on our investment.

Shasha80
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September 03, 2022, 10:07:40 PM
 #36

The current Bitcoin price is around $ 19900 and to get 1 BTC then I have to work from 2.5 years, only the Pope can buy 1 BTC, it might look very expensive so that makes many people regret not buying Bitcoin when the price is cheap, maybe we can't immediately buy 1 BTC but whatever we can invest in bitcoin.

Even though Bitcoin is now down to a price of $19k, still for some people the price is still very expensive and can't afford to buy 1 BTC.
But I don't think it's something to worry about, because we don't have to buy 1 BTC to be able to own Bitcoin. We can buy Bitcoin according
to our respective financial capabilities, even though we can only buy Bitcoin fractions, but if we continue to collect these fractions, then in the end
we can have 1 BTC someday.

Moreover, in the future Bitcoin will be more expensive, that's why we must start collecting Bitcoins from now on before the price goes higher.
The conclusion is don't focus too much on buying 1 BTC, it will make us feel heavy in buying Bitcoin. That's why I always set aside a portion of
my salary every month to buy Bitcoin, I don't care how much the Bitcoin price is, for sure I will continue to buy Bitcoin regularly, by doing so
I believe I will eventually be able to own 1 BTC. As long as the person has the intention and continues to work hard to collect Bitcoins,
I believe anyone can own 1 BTC.

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September 03, 2022, 11:40:08 PM
 #37

Bitcoin has created a lot good wave to it's investors during bull market, bad wave during bear market. Bitcoin is a seasoned coin that undergoes halving every 4 years, yet many have not gotten use to bull and bear market of Bitcoin coin, some people only get happy during the bull market as a result they forget to prepare their mind for bear market too. 1 Bitcoin = $26 (2013)   when only an average number of investors believed in it, Now that many investors are into Bitcoin investment, it cost thousands of $$  to afford 1 Bitcoin ( 1 Bitcoin not for everyone).

perhaps Now that the potential of Bitcoin have been globally let out and with regards to more innovation, the price will continue to go that many can not afford 1.
Not necessarily for you to buy a whole bitcoin yet you could always buy in fractions and thats the beauty of it on where you could eventually buy in parts.If you are really that tending to buy or accumulate

to hit up 1 coin then it would be entirely depending on you since not all would really be that financially capable on doing so considering the current price is high then not all would really be that able to do so.

Somewhat even we do earn on fractions but at least we are still having some coins in our stashes which would really be holding up for long term.

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Ultegra134
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September 04, 2022, 02:11:09 PM
 #38

The coin always has two sides, it depends on how you look at it. Honestly, if you're living in a developed country with a decent salary, $20.000 can be saved within a year or two. The bear market provides great opportunities to those with the available budget. On the other hand, people in countries with lower wages, including myself, the average salary is €700 - €800, it's theoretically impossible to ever acquire a whole Bitcoin.

Let's face it, the majority of us who haven't acquired it in the past are unlikely to ever own one, you can simply enjoy having fractions of Bitcoin, with as many decimals you like. Last year, I set my goal to accumulate 0.10 BTC by December. Honestly, it's not worth stressing over owning an entire coin, just enjoy the beauty of its decimals.

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September 04, 2022, 11:15:17 PM
 #39

1 Bitcoin is for everyone to take but the problem is, is everyone has the ability to buy 1 Bitcoin?   The good thing is that Bitcoin is divisible by Satoshi or even smaller.  So if we failed to get 1 Bitcoin, we can always have an option to get 1 satoshi  Grin.  So better to get satoshi now, do not wait for the time when even 1 satoshi is hard to afford.  Let us learn our lesson from the previous mistakes of not getting 1 BTC when it was very affordable.

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September 05, 2022, 05:00:32 AM
 #40

For many people, no it is not, the price is very high for the average people to be able to afford 1 btc.
Affording 1btc only come from understanding and your own means of strategies of investment to achieve 1btc, because in normal fiat currency not everybody that has it, but everyone is very curious to have Fiat currency but with your plans and arrangements of building yourself you achieve yours. It's very possible to have 1btc if you are an investor. Because objectives via investment will determine if you can be able to access 1btc.

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