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Author Topic: When You Heard About Bitcoin For the First Time?  (Read 954 times)
akuntester1
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November 28, 2022, 11:06:02 PM
 #81

I know guys it's silly question but I was wondering that wether how people got in to bot oinnand other cryptocurrency.
My case is that in 2017 I heard in news that Bitcoin that is a digital cryptocurrency Crossed real gold for the First time. At that time it's price was above 1000 dollars. And that git me interested and I want to know more about crypto and now I am here and I making post 😁

I remember, I heard bitcoin was probably in 2016 and I didn't really pay much attention to it at the time.
I feel very lucky and grateful to my friend for being introduced to this forum.
I really get a lot of knowledge from this forum, not just theoretical knowledge written by online articles.
But really the knowledge that I got from people who have been involved in the cryptocurrency world for a long time.
Even here there are many places for discussion and we can be open to each other to share the experiences we have and our interest in cryptocurrencies.
Sometimes I think it's a waste I heard bitcoin so long ago but I just ignore it and do nothing about it.
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November 28, 2022, 11:26:04 PM
 #82

I first heard about Bitcoin back in early 2011. I was so stupid that I did not even care and did not bothered to investigate it further, I prompty considered it as one Ponzi scheme or scam and decided to ignore it completely. It was only in late 2013 that I looked at it with looking eyes and finally understood what is was all about. If I did the same back in 2011 I would be rich.

Despite all of this, once I understood what Bitcoin and cryptos were all about I promptly started to mine and started to use it as currency. This is actually one of the reasons I do not have more coins that I do now, but hell, I did contributed part of my life to it and help make it what it has become and ended up having my share.

Today, I can say Bitcoin changed my life to better. And we are still just starting the ride.
True .. back in the days bitcoin for me and many people that time in 2012 bitcoin thing often linked with a ponzi scheme as there a lot of business model running with that way and uses bitcoin as one of the tool which make me personally thinks it was just yet another scam ponzi.

There are really a lot business offering you a member get member commision which paid by bitcoin , i went that way first as i was in affiliation business and get my first bitcoin through a random company that offers me commissions in bitcoin and then bitmedia introduce me a whole new level of bitcoin and then here i am.

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December 02, 2022, 07:18:50 AM
 #83

The first time I heard about Bitcoin was because of all those Ponzi schemes and hype on social media. People close to me had also heard about Bitcoin, but we didn't pay much attention to Bitcoin time. Later, I heard that Bitcoin can make money, so I started to study it slowly.
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December 02, 2022, 07:27:30 AM
 #84

I heard about it properly about 6 years ago whenan IT guys in the office was talking out it.

I think it was priced about USD7000 per bitcoin in those days.

Everyone seemed to be going crazy buying and i couldn't even understand how it worked.
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December 05, 2022, 03:59:39 AM
 #85

is a summer. A friend told me that he made his first pot of gold (computer mining), and I was very curious. I learned some encryption knowledge from him. I feel very simple, I started to start, I found that Bitcoin can be invested (I usually research stocks, real estate and other investments). I started my investment journey.

I'm thankful my friends would tell me about Bitcoin. I lost a little money, but overall I made money.
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December 05, 2022, 04:50:59 AM
 #86

I don't know exactly when I'm sure when I heard about bitcoin and joined this forum just to find out I wasn't interested in owning it yet, but after the bitcoin price was around 1500 $ I said WOW this digital money is fantastic, but I don't have bitcoin in full, only a small part.
if at that time I bought at the beginning maybe today I already have many times more than my initial bitcoins
but let it pass, but now I am ambitious to be able to hold my btc to the next new ATH
don't worry friend you still have that chance. bitcoin will still remain the king of all coins commanding the highest price in the market.
so you still have the opportunity to have more for the future.
more and more years bitcoin is increasingly recognized by many people in various countries and they are fighting to buy and hold as a long-term asset which will later make the price even higher.
so it's a bearish season is our chance to buy cheap and have more when bitcoin hits a new ATH in the coming year

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December 05, 2022, 05:12:02 AM
 #87

The first time I heard about Bitcoin was because of all those Ponzi schemes and hype on social media. People close to me had also heard about Bitcoin, but we didn't pay much attention to Bitcoin time. Later, I heard that Bitcoin can make money, so I started to study it slowly.

I also got to know bitcoin through my local ponzi project, back then I only knew bitcoin as a way to participate in that ponzi project, I never knew it could increase in value over time. After losing all my bitcoins with those scam projects I just started learning about bitcoin. It can be said that I missed a lot of opportunities to own bitcoins cheaply and use them to participate in ponzi projects without knowing how valuable bitcoins are.

.
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December 05, 2022, 08:46:11 AM
 #88

Listening to the discussions of friends around me, when I heard the word "virtual", I felt that virtual currency was unreliable, so I didn't participate in the chat. Later, after they made a lot of money, I gradually understood the characteristics of the market and Bitcoin.
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December 05, 2022, 08:57:37 AM
 #89

When I first learned about Bitcoin, I didn't quite understand its beauty. Why did people invest in it? I searched to study Bitcoin and missed its lowest price, but it is still worth my investment.
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December 05, 2022, 09:00:02 AM
 #90

I learned about bitcoin through a random advertisement while playing online games. It says something about earning free money, after that, I searched about cryptocurrency and tried different faucets where I earned a decent amount of satoshi. I learned about it way back in 2013 however, I became interested in it when I joined this forum. I wish I could've invested more money when I first knew about bitcoin, the price of BTC during that time is just around $500.
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December 05, 2022, 09:27:53 AM
 #91

I learned about bitcoin through a random advertisement while playing online games. It says something about earning free money, after that, I searched about cryptocurrency and tried different faucets where I earned a decent amount of satoshi. I learned about it way back in 2013 however, I became interested in it when I joined this forum. I wish I could've invested more money when I first knew about bitcoin, the price of BTC during that time is just around $500.

I don't remember exactly when or where I encountered bitcoin, I also earned bitcoins through faucets and bitcoin bonus games. In 2012 and 2013, when the price of bitcoin was not too high, joining the faucets, we received a lot of bitcoin, not less like today.

Not only you, I believe many people regret like you for not investing much in bitcoin at the time. However, I think few people believed fully in bitcoin at that time since the future of bitcoin was uncertain and we regret seeing the development of bitcoin today. If given the opportunity to go back to the past and forget about the present, I believe we would never have invested in bitcoin at that time.



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December 05, 2022, 10:08:49 AM
 #92

I still remember the first time I heard about Bitcoin : it was back in 2011 and Btc was only $5 the very first day I heard about it.
I used to spend some time playing online poker back then and a guy came on a  gambling forum I was member into : he was advertising the newly launched, now legendary,  poker site Sealswithclubs ( it was .org that time lol).
They held hourly freerolls with 0.01BTC  Shocked Shocked  prize pool and only a bunch of players were joining them : I remember I played there some days , placed ITM quite often but then wasted everything on cash games because I felt I was playing with playmoney .

Dropped that Bitcoin thing because I didn't understood what it was about ( I was just focused on poker) only to get back into in during 2013 bullrun ( $ 1000 ATH lol) starting to hear about it more often and remembering it was something I had bumbed into couple of years earlier. This forum was the first place I came to when I decided to reconsider the bitcoin thing in the hope I wasn't too late at it : which is where the choice of my nickname comes from  Grin .

Yes, it's one of my big regrets.


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Ummarr
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December 05, 2022, 01:38:22 PM
 #93

Never forget the pass when someone got introduced to a new thing they dont have much focus on it.
Because I was introduced in these great platform I was someone that I didn't give much of time to it. Although uptill now it haven't been great time for me for been In these great platforms I'm now enjoying it
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December 05, 2022, 03:08:41 PM
 #94

I learned about bitcoin through a random advertisement while playing online games. It says something about earning free money, after that, I searched about cryptocurrency and tried different faucets where I earned a decent amount of satoshi. I learned about it way back in 2013 however, I became interested in it when I joined this forum. I wish I could've invested more money when I first knew about bitcoin, the price of BTC during that time is just around $500.

I don't remember exactly when or where I encountered bitcoin, I also earned bitcoins through faucets and bitcoin bonus games. In 2012 and 2013, when the price of bitcoin was not too high, joining the faucets, we received a lot of bitcoin, not less like today.

Not only you, I believe many people regret like you for not investing much in bitcoin at the time. However, I think few people believed fully in bitcoin at that time since the future of bitcoin was uncertain and we regret seeing the development of bitcoin today. If given the opportunity to go back to the past and forget about the present, I believe we would never have invested in bitcoin at that time.

I first heard bitcoin from my uncle way back 2015 but I wasn't interested at that time because it was still too gibberish for me and I'm too indulged to do earthly things at the heigh of my teenager life. Only got interested last 2017 and that's was the start of my bitcoin career, if only we could get back at those times.

But I do agree, even if we had the same opportunity and had the chance to go back time, we still have the same response and won't still give bitcoin a chance to prove itself because I believe 2015 was the height of scams and pyramid schemes, so I don't really blame people if they look at the bitcoin as one of said scams/schemes.

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December 06, 2022, 09:09:57 AM
 #95

I heard about Bitcoin in the news. At that time, some media reported that Bitcoin was a "Ponzi scheme". Out of curiosity I researched Bitcoin. I can't help but be amazed at him. It's really a great technique. I shared this with my friends at the time. Now my friend has made a lot of money in cryptocurrency. We usually discuss things together.
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December 06, 2022, 09:29:13 AM
 #96

The first time I said Bitcoin was through a friend who had started working in the crypto world, and at first, I heard that bitcoin might be worthless physical coins and just a toy. But when I started reading about bitcoin and studying it I began to understand what bitcoin really is.

In 2016 I found this forum and my journey with bitcoin started from the moment I entered this forum. Bitcoin is not just a digital currency that its founder abandoned, Bitcoin continues to grow until now and is the most valuable digital currency that is not centralized and not regulated by anyone. Bitcoin became the forerunner of various altcoins and several other payment technologies.
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December 07, 2022, 02:03:40 AM
 #97

The first time I heard about Bitcoin was because of all those Ponzi schemes and hype on social media. People close to me had also heard about Bitcoin, but we didn't pay much attention to Bitcoin time. Later, I heard that Bitcoin can make money, so I started to study it slowly.
The first time I heard about Bitcoin was from the TV news, telling people to stay away from pyramid schemes and virtual currencies. Big gains are often scams. Later, the friends around me gradually deepened my understanding of Bitcoin. They often talk about mining, but I still couldn’t understand it at first. I laughed at my friends and stopped dreaming. When did you start mining coal? It turned out to be a large computer.
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December 07, 2022, 02:47:55 AM
 #98

...Yes, it's one of my big regrets.


Interestingly, we all make the same mistake of being exposed to bitcoin early on, but most of us don't pay attention to bitcoin and ignore it. It is only when it skyrockets in price that we start to notice it, which proves that most people don't like and want to avoid adopting something so new. But for those involved now, I think we are still in the early stages of the revolution, and we are still pioneers. That means we have an opportunity many people don't know about, so take advantage of accumulating bitcoin now so you won't regret it in the future when bitcoin hits 100k or 500k.

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December 07, 2022, 03:01:55 AM
 #99

The first time I heard about Bitcoin was because of all those Ponzi schemes and hype on social media. People close to me had also heard about Bitcoin, but we didn't pay much attention to Bitcoin time. Later, I heard that Bitcoin can make money, so I started to study it slowly.
The first time I heard about Bitcoin was from the TV news, telling people to stay away from pyramid schemes and virtual currencies. Big gains are often scams. Later, the friends around me gradually deepened my understanding of Bitcoin. They often talk about mining, but I still couldn’t understand it at first. I laughed at my friends and stopped dreaming. When did you start mining coal? It turned out to be a large computer.

The reputation of bitcoin that year was not good. A lot of news is saying that bitcoin is used in drugs and the deep web; others also say it's a scam since they are only referring to ponzi, which mostly those newbies that don't know bitcoin will agree with, but we as we know what is really bitcoin got angry and showed our opinion in social media, but bitcoin proved itself by hitting and breaking its ATH, and that is why it attracts more people about it.
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December 07, 2022, 03:28:40 AM
 #100

I've asked about this topic before I believe, and got some interesting responses.  It seem most people learned about it when they found out it could make them some money by a buddy or family member or whoever..  I am a little disappointed when I see that as it just feels like so few are actually learning about it for the first time in a better manor, like actually caring more about how it all works.  I found out about bitcoin sometimes in 2014, but can't remember how I did and that drives me nuts lol

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