What would you do if you get a time machine now?

[tjtonmoy]

Ironic question right? Well, as a crypto lover/ investor or whatever, only one thing that comes to my mind. That is, to be honest, if I get a time machine now, I would probably travel to the past and advise myself to buy BTC when it was so low. In the past, I may not have had the cash to buy it, but somehow I would convince myself to gather some money to buy it. Or take something from today and give it to my past self.

This is just like a fantasy. A daydream that is impossible to do. But have you ever thought something out of the box? Like we are in 2022 soon to be in 2023 (Happy new year to all). As days pass by we are moving toward the future right? Thinking about it like this puts us in the past. Our future will become our present one day. So are you going to think the same thing about your future and just continue on living?

Bitcoin is here with us since 2008. We can't go to the past, can't change it.

After all this, you may be wondering what I am trying to tell here. Let me explain then.

Considering our present as our past, put yourself in the future and think about what your future self would advise you right now.  In this bear market, the price is low. Not as low as in 2008, but it is low now. What are you going to do? Ignore this now and in the future tell yourself when Bitcoin crosses its ATH again that, "if only I had a time machine now"
Well, a bear market is not a thing to be panicked about. It's an opportunity to fill our bags. Hold it for the future, as if your future self told you to do so. Every pro-crypto owners know this. Time to learn for yourself.

This topic is for newbies who are thinking that BTC will fail and get vanished out of existence. Read this, and you will understand

[Note: Not your financial adviser, Do Your Own Research]

Be sure to let us know what you think about this!

[Adbitco]

Yeah time is short and we don't know what tomorrow would looks like, apparently this is inevitable and i strongly believe in the future we would keep yelling over missing such a wonderful opportunities whereby looking at bitcoin then would be too high for one to venture into, so it's advisable to at least hold any fraction we think we can.
but op one thing you must note is that not even everyone who could have been patient to hold till this very day, i know from when bitcoin was launched there were people who bought thousand of bitcoin then after 2x, 5x, 10, to 100x they sold off, those who bought very cheap would likely say they have hit jackpot without knowing it was just the starting of bitcoin and i believe there could be lots of regret from then till now., So is something they can't control or hold because everytime bitcoin will likely create new ATH after its circles and they must surely sell off thinking that would be last ATH but failingly.

[OgNasty]

I think a time machine wouldn't be as fun as people probably think.  Most people would say they'd go back in time and make this investment or bet on this sporting event...  I think that's a slippery slope though.  One thing a time machine doesn't give you is more time.  I could see someone becoming obsessed with money and spending the rest of their lives using their time machine to make incredible wealth, only to find they have missed their lives doing so.  Maybe if your goal was to have children and give them the world, that would be cool, but I think most people if given a time machine would regret it when they were in their final days as it consumed more of their time than they would have liked.

[Obari]

I really so love the fact that you stated that this isn't a financial advice because most people might after this post decide to go buy Bitcoin and if anything goes wrong along the way, it simply means that you might also be pointed out as the one inspired the action.
Just bursting ball,
 To be frank this bear market has been giving me so much heart aches because whenever I really that I'm supposed to be buying Bitcoin rather than sell, I feel so bad and later I realized that most people who know of Bitcoin are also wishing to buy some coin but the money to do so became a barrier and that's why most of them aren't buying.

[KennyR]

With a time machine it is possible to return to the past. I'll try to reach specific dates and secure my funds. What I've lost is really big to the price it have reached now. When Iost the amount doesn't look to be big. So, I'll make a holding than spending and this makes the New Year more enjoyable.

[BlackBoss_]

If there is a time machine for all, things would not be like what they are in a world without a time machine.

Bitcoin has its value because of its design, total supply and technology too but another importance for its high price which we are witnessing now is: Many bitcoins were lost.
If people have a time machine, those bitcoins can be recovered, so no lost bitcoins after all. Total supply will be total circulating supply too and that impacts Bitcoin price.

Bitcoin will become less scarce than in reality now.

Between less than 20% (estimation of lost bitcoins) bitcoins in total supply without a time machine and 100% bitcoins in total supply with a time machine, what do you choose?

Lost coins only make everyone else's coins worth slightly more.  Think of it as a donation to everyone.

[Iroh]

Perhaps you’ve heard of this saying; “you can’t eat your cake and have it”.
What would you do if you’ve got a Time Machine now? Most people would obviously want to go back to the past when bitcoin was relatively cheap and acquire as much as they could and then zap back to the present and become a gazillionaire overnight.
I think while you’ve acquired enough wealth, your trip to the past would have cost you something else that you’ll miss.

I’m personally curious on why you highlighted the first letter of the word in your sentence in each paragraph.

[tjtonmoy]

If there is a time machine for all, things would not be like what they are in a world without a time machine.

Bitcoin has its value because of its design, total supply and technology too but another importance for its high price which we are witnessing now is: Many bitcoins were lost.
If people have a time machine, those bitcoins can be recovered, so no lost bitcoins after all. Total supply will be total circulating supply too and that impacts Bitcoin price.

Bitcoin will become less scarce than in reality now.

Between less than 20% (estimation of lost bitcoins) bitcoins in total supply without a time machine and 100% bitcoins in total supply with a time machine, what do you choose?

Lost coins only make everyone else's coins worth slightly more.  Think of it as a donation to everyone.

Think out of the box. People know the value of BTC now, and only few owns it. And about the fact that everyone owning the time machine. I said 'YOU' not us.
And the thing is you are worried about time machine and not about the summary of this topic. You are worried about something which is a fantasy and building your world around it. Come back to reality and think again. I am not being rude here. Just saying.

I’m personally curious on why you highlighted the first letter of the word in your sentence in each paragraph.

I was trying something new 

[coinerer]

If I get a time machine now I will only look at 1 hour future crypto state and then take entry for potential coins in future trade with full leverage. If I do this, I will become a billionaire very quickly.  But no such time machine can ever be found in scientific explanation. So thinking about it would be a false consolation. Because it is never possible in reality.

[BlackBoss_]

Think out of the box.

Your box is small. Break it and make it bigger.

Come back to reality and think again. I am not being rude here. Just saying.

You are not rude. You are only living with illusion. My 2 cents.

People know the value of BTC now, and only few owns it.

They can own any fraction of a bitcoin if they want. With $10 they can have bitcoin. No need to have a time machine.

And about the fact that everyone owning the time machine. I said 'YOU' not us.
And the thing is you are worried about time machine and not about the summary of this topic. You are worried about something which is a fantasy and building your world around it.

With an usable time machine and available for everyone, no satoshi is lost because of private key loss.
With that machine, many people took profit in the past will hold their bitcoins till today. Do you think they won't dump their bitcoins?

People are fearful and panic when 10k, 100k bitcoins were hacked, were moved but what will happen and how will they react if million of bitcoins were traded in the past are ready to be dumped in the market, today?

Be realistic. I am not rude man.

Time is irreversible.
Bitcoin blockchain is irreversible.
They combine and make a value for Bitcoin. Lack of either irreversible time or irreversible Bitcoin blockchain, Bitcoin would not have its price in thousand of dollars.

[xSkylarx]

I know most here in the forum are somewhat old and mature, but I think let's just think about it right now as a kid and fantasize about it. I am sure all of us here want this; either we should advise our young selves to buy a lot of bitcoins since your dreams will be fulfilled by this, no matter how poor you are before trying to purchase it. Though, once again, using a time machine to change the past will have a ripple effect or cause many things to happen, what if bitcoin was not as successful as it is now? Let's just say that let bitcoin be it, try to achieve what you want now, and buy bitcoin! 

[Despairo]

Almost everyone have opinion about their own benefit, buy at the lowest and then sell when Bitcoin make new ATH at $69,000.

But if I get a time machine, I will create a proposal about merit implementation before ICO booms to eliminating people who promote shitcoins project. Also I will spread FUD about ETH, BNB and any other centralized shitcoins in order to decrease people to invest in shitcoins. So in the long run, people will only stick with Bitcoin and it will cause huge adoption.

[Haunebu]

One thing that some people need to understand here is the fact that it was possible to buy many bitcoins for extremely cheap prices way back in 2009, but that isn't the case currently for obvious reasons.

It's easy to purchase small parts of a bitcoin and HODL now in order to earn decent profits in the short-term and long-term, but you need to limit your expectations frankly speaking.

It's easier to become rich by hoarding and HODLING low market-cap legit altcoins in the long-term though.

[Wexnident]

Idk, this is under the assumption that BTC would reach a new ATH by then. The thing is time machines get their allure from "knowing" the future, a guarantee. If it was simply an assumption then it's no different than trying to predict the future. I mean in OP's scenario, it'd also be completely reasonable for me to think what future me would say when BTC dips and crashes to the ground.

I'd probably just say whatever though. Not exactly the first time if it ever happens again, but not right now though since I'm still hodling. That's just how it goes when it comes to investments, some go well, some don't.

[ilovealtcoins]

Almost everyone have opinion about their own benefit, buy at the lowest and then sell when Bitcoin make new ATH at $69,000.

But if I get a time machine, I will create a proposal about merit implementation before ICO booms to eliminating people who promote shitcoins project. Also I will spread FUD about ETH, BNB and any other centralized shitcoins in order to decrease people to invest in shitcoins. So in the long run, people will only stick with Bitcoin and it will cause huge adoption.

If you did, I'm sure the market wouldn't be as developed as it is today, and bitcoin wouldn't be as popular as we're seeing. Without altcoins, there would be no hype in the market, and people wouldn't enter the market, bitcoin would also get boring. What is attracting new investors to the market is shitcoins for their hype and returns, not only bitcoin. Bitcoin alone is not enough to create a cryptocurrency market and without volatility, bitcoin would never be popular.

[bittraffic]

Almost everyone have opinion about their own benefit, buy at the lowest and then sell when Bitcoin make new ATH at $69,000.

But if I get a time machine, I will create a proposal about merit implementation before ICO booms to eliminating people who promote shitcoins project. Also I will spread FUD about ETH, BNB and any other centralized shitcoins in order to decrease people to invest in shitcoins. So in the long run, people will only stick with Bitcoin and it will cause huge adoption.

If you did, I'm sure the market wouldn't be as developed as it is today, and bitcoin wouldn't be as popular as we're seeing. Without altcoins, there would be no hype in the market, and people wouldn't enter the market, bitcoin would also get boring. What is attracting new investors to the market is shitcoins for their hype and returns, not only bitcoin. Bitcoin alone is not enough to create a cryptocurrency market and without volatility, bitcoin would never be popular.

That's another way of looking at what altcoin's use cases are. And true at the same time because we need hype for people to come to cryptocurrency. I have doubts about merit implementation though, we have tons of legitimate projects in crypto advertised by big men in the industry including popular celebrities but still, we end up with chaos.

What I would do is make BTC very popular from the beginning so that all around the world will try to get ready for the reboot of the BTC blockchain and we can all just mine BTC with a computer. Start all over.

[m2017]

Bitcoin is here with us since 2008. We can't go to the past, can't change it.

But we can change our future. Right now.

Fantasizing about the past is harmful because it creates a sense of lost profit, while it is more productive to focus on the future, which can be influenced now. The past is already unchanged.

Bitcoin gives the opportunity to influence your future. If you don't take advantage of this now, that years later you will fantasize about a time machine in order to move from the future to the present day. I think it's better to try to achieve what you want than to regret later that you didn't take advantage of the opportunity. I have a similar experience with btc when I didn't buy it for half a thousand dollars.

The final decision whether to buy or not to buy bitcoin must be approached with all seriousness so as not to be the loser due to the wrong behavior strategy.

[Nrcewker]

Not only in cryptos, but also in many things I would have advised myself If I had a Time Machine right now. I will at first tip my self to buy as many Bitcoins as I can. Also will tell about major sports events and their outcomes. Will force myself to bet on these and make more money. I mean there are endless way to make money if I had a time machine. But the sad reality is that we currently don’t have any time machines. I know I might sound greedy, but all these hardwork for what? To earn money and live life happily right. So yes this will be my intentions.

[cryptomaniac_xxx]

Wouldn't change a thing though, and for those who think that they are too late, then think again. The price is very cheap and you don't have to like buy 1 BTC immediately, it's better to just accumulate, and I think that is the fun or for others their is this challenge on how far can we go on accumulating bitcoin overtime. Of course the obvious answer is that if we have the time machine then we will take as much bitcoin as we can, but it's not going to happen. What we can do is learn from the past, those persons who regret on selling early their stash of bitcoin. But for us today, accumulation will be the key.

[maydna]

If I had a time machine to go back in time and if it had anything to do with bitcoin, I would try to get a lot of bitcoin, even by borrowing money from my parents, because I know for a fact that bitcoin would have gotten its ATH price years ago.

But sadly, that will never happen to me so I'd rather see the reality at hand and keep trying to collect more bitcoins this time. I don't want to be late again in collecting lots of bitcoins when the price is still low, like now, because the price of bitcoin can increase at any time.