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Author Topic: If I had known  (Read 405 times)
PhilixCrpt (OP)
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January 19, 2023, 08:43:42 PM
 #1

I was introduced to Bitcoin talk org six years ago but I never took it serious because I feel digital money is not real. My non willingness to learn, has cost me a life changing opportunity but now, I know better😀.

In case you are just like me, let me give  you a brief run down of what i have learnt so far about bitcoin and its benefits

 Bitcoin is real money and is used around the world.

No one can censor bitcoin transactions because it is using computational algorithm called proof of work.

It is very accessible, fast and easy to use.

Bitcoin is a life changer.

No one can steal your bitcoin.


digaran
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January 19, 2023, 09:10:26 PM
 #2

I was introduced to Bitcoin talk org six years ago but I never took it serious because I feel digital money is not real. My non willingness to learn, has cost me a life changing opportunity but now, I know better😀.

In case you are just like me, let me give  you a brief run down of what i have learnt so far about bitcoin and its benefits

 Bitcoin is real money and is used around the world.

No one can censor bitcoin transactions because it is using computational algorithm called proof of work.

It is very accessible, fast and easy to use.

Bitcoin is a life changer.

No one can steal your bitcoin.



It's obvious you haven't learned anything yet, all of the above is not necessarily true, people can actually steal your coins if you are not careful enough to secure your funds, I will not discuss politics about how they can or can't refuse providing service to certain users.
Also it's not easy to use at all, 99% of people don't know how to use bitcoin.

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January 19, 2023, 09:34:53 PM
 #3


No one can steal your bitcoin.

Who told you no one can steal your bitcoin? I don't know if this is a grammatic error but what you just wrote above is not true. Guard your bitcoin as if you're gaurding your life or a king. Write your seed phrase or private pin on a piece of paper and keep it safe and never store it electronically.
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January 19, 2023, 09:46:49 PM
 #4


No one can steal your bitcoin.

Who told you no one can steal your bitcoin? I don't know if this is a grammatic error but what you just wrote above is not true. Guard your bitcoin as if you're gaurding your life or a king. Write your seed phrase or private pin on a piece of paper and keep it safe and never store it electronically.
Bitcoin is easy to be stolen through a number of ways but popular among them is hack, we have hard of exchanges and other platform or wallets holding large amount of bitcoin being hacked and coins stolen from them.
And secondly you an lose your coins if you are careless enough to expose your security keys and passwords to scammers who will at the end gain access to your wallet and make away with coins from them, so in conclusion,  bitcoin is consensus between users and the computing transaction bass on cryptography.

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January 19, 2023, 09:56:38 PM
 #5

You don't have to blame yourself too much, six years ago is quite a long time, but then, you are better late than never , I won't talk about all that you said you've learned about bitcoin because some of the things you said are actually false, but I hope that now that you've realized your mistakes in not embracing bitcoin, as well as bitcointalk six years ago, you will settle down here and learn all that you have to learn about bitcoin.

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January 19, 2023, 10:36:02 PM
 #6

I was introduced to Bitcoin talk org six years ago but I never took it serious because I feel digital money is not real. My non willingness to learn, has cost me a life changing opportunity but now, I know better😀.

In case you are just like me, let me give  you a brief run down of what i have learnt so far about bitcoin and its benefits

 Bitcoin is real money and is used around the world.

No one can censor bitcoin transactions because it is using computational algorithm called proof of work.

It is very accessible, fast and easy to use.

Bitcoin is a life changer.

No one can steal your bitcoin.


This is true for 99% of people. But... you're still early. Bitcoin is quite cheap right now, so I have to say you've seen the light at a very appropriate time. Buy now with all you have, go all in and you won't regret it.  Cool

Just to remind you, 6 years ago, in 2017 Bitcoin was $19k, currently it's $21k. So I haven't earned much with my stash for the last 6 years.
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January 19, 2023, 10:42:28 PM
 #7

You don't have to blame yourself too much, six years ago is quite a long time, but then, you are better late than never , I won't talk about all that you said you've learned about bitcoin because some of the things you said are actually false, but I hope that now that you've realized your mistakes in not embracing bitcoin, as well as bitcointalk six years ago, you will settle down here and learn all that you have to learn about bitcoin.
Come to think that most of us does have that missed the train kind of story that we shouldnt have sold like this and like that or simply had those words that we should have accumulating when it is still cheap.
It cant really be avoided on having this kind of words but its true that we should really move on because if you wont really be doing so then you would just keep on coming back on thinking on this
ways which would really be resulting into that frustration and stress.Its true  that now that we are fully aware about its potential then its never too late for us to get in
considering that the market is  still existing even up to this moment and into more future years to come.
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January 19, 2023, 10:52:31 PM
 #8

it's never too late in bitcoin, as long as you want to continue to know what bitcoin is and invest in it, because bitcoin changes that can't be fixed, always changes, so don't blame yourself in this




No one can steal your bitcoin.


who said you can't lose?
there are many people who have lost crypto assets intentionally or unintentionally
the crypto world has too many fraudsters and hackers, sometimes those of us who are careful can still lose what else is too much trust in other people

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January 19, 2023, 11:00:44 PM
 #9

It's good you now know better. I can see your account just got registered today, so I welcome you to the forum. Often visit Beginners and help to learn more guids. Visit the meta board were discussion about the forum is done. I believe you have read the rules on the link provided in your second thread; if you have not, try and do so. 

Don't be so confident and comfortable that no one can steal your bitcoin because it is very possible that you can lose your bitcoin to theft. Take preventive measures to avoid losing your asset if you have already invested in Bitcoin or are planning to do so.

In the crypto space, protecting your assets should be your priority. There are a lot of scammers, like you mentioned in your second thread, so if you don't keep your private keys safe, you can lose everything. not your key, not your coin.
read of you have time: https://bitcointalk.org/index.php?topic=5405423.0

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January 19, 2023, 11:07:24 PM
 #10

Bitcoin assets will not be safe if you don't neatly store the secret keys you have, show your assets to other people and where you keep them, don't easily trust people around you even if they are your relatives because with little chance a crime will occur
so what you say bitcoin assets will not be stolen by other people is nonsense

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January 19, 2023, 11:19:09 PM
 #11

Now that you have known about bitcoin and btt forum, what next? Will you still be going with the wrong information you stated on bitcoin than utilizing the opportunity to invest and know more about bitcoin and the btt forum.

The forum is open for you to impact yourself with bitcoin and crypto knowledge exposure.

Take this time you have known about the forum and bitcoin seriously than come here next time to tell us the same story of how you missed your chance for a life-changing opportunity.

 
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January 19, 2023, 11:32:19 PM
 #12

It is still not late to hop in Bitcoin bandwagon.  Bitcoin is still on its baby step so there are still lots of opportunities and profits to make.  There are still life changer opportunities offered by industry, you just need to find them.  Regardless, I am glad you are able to come into conclusion and despite of the regrets you face Bitcoin with an enthusiastic character.  This is a good character to start your venture into Bitcoin ecosystem.  I hope you are able to maximize the benefits in engaging in Bitcoin industry.  Don't make haste and make sure you have all the knowledge needed in making your Bitcoin venture a success.
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January 20, 2023, 12:08:02 AM
 #13

I was introduced to Bitcoin talk org six years ago but I never took it serious because I feel digital money is not real. My non willingness to learn, has cost me a life changing opportunity but now, I know better😀.

In case you are just like me, let me give  you a brief run down of what i have learnt so far about bitcoin and its benefits

 Bitcoin is real money and is used around the world.

No one can censor bitcoin transactions because it is using computational algorithm called proof of work.

It is very accessible, fast and easy to use.

Bitcoin is a life changer.
It is true that it's a life changer. Many of us here have a life changing opportunity because of bitcoin and not just that, it has taught a lot of things not just about itself but also about the markets and economics that you'll get to learn when you're too curious about it.

And these days, it's normal to see someone regrets that he should have listened to his friends or relatives when they've been shared and introduced to bitcoin because look at how far it has went. It's not just only about the price that it has got during 2021's bull run but the technology and acknowledgement that it's getting these days. Not just from the people but also from big financial institutions and the governments.

No one can steal your bitcoin.
Only if you know how to keep your bitcoins safe but if you can't, you might fall for phishing/malware tactics.

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January 20, 2023, 12:29:09 AM
 #14

I still feel like you're missing a lot of the features of Bitcoin which gives it a lot of promise. For example, removing the need for third parties, such as banks. That should probably be one of the major factors for everyone, and I believe was the main motivation for creating Bitcoin. The other one being; counterfeiting, i.e Bitcoin can't be faked, and every transaction is verified. As well as transactions can't be faked if they've been confirmed.

It's nice to see someone who's relatively new not focus on the price aspect, and how it swings from there to here. You're at least focusing on the more important aspects which drive those swings.
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January 20, 2023, 01:07:12 AM
 #15

Bitcoin is real money and is used around the world.
Bitcoin is a virtual currency, not physically real but provides real benefits. For now, it's more widely used as a speculative asset around the world if you look at global regulations.

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It is very accessible, fast and easy to use.
That varies from person to person, so I'm not sure. Device, infrastructure, and environment dependent.

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Bitcoin is a life changer.
You change your own life, bitcoin only facilitates it to a certain extent

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January 20, 2023, 01:35:11 AM
 #16

I was introduced to Bitcoin talk org six years ago but I never took it serious because I feel digital money is not real. My non willingness to learn, has cost me a life changing opportunity but now, I know better😀.
-snip-
At least you know about it now and as long as you learn from your mistake, everything is good. It's never too late. If you have some money lying around, invest in bitcoin and keep holding. If you don't, six years later, when you look at the price, you are going to make the same post and start regretting once again. Not a financial advice though. Do your own research. After six years, the price might skyrocket, might be the same or might go down much more than it is now.

Bitcoin is a life changer.
Not really...

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January 20, 2023, 01:45:01 AM
 #17

I was introduced to Bitcoin talk org six years ago but I never took it serious because I feel digital money is not real. My non willingness to learn, has cost me a life changing opportunity but now, I know better😀.
Good for you! Unfortunatelly there are still many people who think digital money isn't real and that Bitcoin is a big ponzi scheme, without any intrinsic value, so they insist in wasting time and also money, because they prefer to let it in fiat stored in saving accounts which generate interest below the inflation. You took 6 years to wake up, while others are still sleeping after 14 years and wishing Bitcoin dies, so they can finally say: "I knew it! I told you all the time!". Now make sure you don't waste any more time, invest in BTC while it's not too expensive. We never know when the next bull run is going to start.

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January 20, 2023, 01:55:18 AM
 #18

A couple of notes, though.

1. Bitcoin is indeed censorship-resistant. There's no authority that can ban, restrict, or censor an address or a transaction in the network. So whether you're a communist, a terrorist, a criminal, a weirdo, an anarchist, or whatever, you're allowed to make Bitcoin transactions. However, this is all betrayed by centralized exchanges and other centralized platforms. These platforms blacklist, restrict, and censor addresses and people because they have tainted Bitcoin, used gambling sites, a resident of Russia, and so on.

2. Indeed, no one can steal your Bitcoin. But only if you keep it safe. By keeping it safe, I mean you store it offline where you alone have the control and possession of your private keys. Keeping the private keys is another thing. You cannot keep them online or in whatever device that you connect online. And, again, your Bitcoin could be stolen once you keep it in centralized exchanges. Not only could your coins be stolen, they could also be frozen for whatever reason.

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January 20, 2023, 02:04:16 AM
 #19

I was introduced to Bitcoin talk org six years ago but I never took it serious because I feel digital money is not real.
Digital money is not physical, so it's very hard to understand. After all, Bitcoin is based on code and is only existing in the digital world.
Bitcoin is also based on trust and when Satoshi started it, he wasn't sure if it was going to be successful. He said something like that: "In a few years we'll see either no transactions at all or a lot of transactions". What implied, that Bitcoin needed to be supported by enough people.
And Bitcoin had / has enough support to survive that critical early phase.

A much bigger step than simply surviving from a technological perspective will be acceptance:
After all, money is what people are willing to accept. And if Bitcoin, a digital good / asset (we could argue here about a better description), is accepted by many people it can become some sort of money as well.

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January 20, 2023, 02:53:51 AM
 #20

I was introduced to Bitcoin talk org six years ago but I never took it serious because I feel digital money is not real. My non willingness to learn, has cost me a life changing opportunity but now, I know better😀.
Good for you! Unfortunatelly there are still many people who think digital money isn't real and that Bitcoin is a big ponzi scheme, without any intrinsic value, so they insist in wasting time and also money, because they prefer to let it in fiat stored in saving accounts which generate interest below the inflation. You took 6 years to wake up, while others are still sleeping after 14 years and wishing Bitcoin dies, so they can finally say: "I knew it! I told you all the time!". Now make sure you don't waste any more time, invest in BTC while it's not too expensive. We never know when the next bull run is going to start.

We should thank those who have resisted and distrusted bitcoin for the past 14 years instead of blaming them. In a sense, it is as if success or wealth are not for the masses. Let's try to accumulate as much bitcoin as possible when many people still do not believe in it, its price is still very low, they are giving us a chance, and we should thank them. When they started believing in bitcoin, we were on a new level, successful people always have their way, and that's why I always ignore the Fuds around.

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