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Author Topic: I found my Bitcoin books from 2016  (Read 846 times)
Yatsan
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March 19, 2023, 12:41:53 PM
 #41

Nostalgic indeed. Those days were I think the market price of Bitcoin arise. The next year is when market prices reached and broke the all time high and afterwards correction occur, the rest is history.
I think newbies should read this thread so they understand better why it’s important to use open sourced wallets like Electrum. I’m sorry you lost your bitcoins using non custodial wallets. I’m not familiar with free wallet, they probably shut down before I got into the crypto space. Xapo wallet is not even a real bitcoin wallet, they do not give users private keys or seed phrase. I have read bad reviews about them on the forum and online.
Like Mahirap said, there was nothing else you could have done at the time. You used the resources you had to take care of your little bro. That’s something to be proud of. You didn’t let your challenges stop you, on the bright sided it opened your eyes to learning more about bitcoin. 2018 till date is good enough time to learn and save some bitcoins. I hope you’re seeing good results.
Showing such examples is very important so that as many people as possible can avoid this mistake. By the way, I read that Electrum is also not the best wallet for storing bitcoins, in my opinion, a large amount was recently stolen from someone here on the forum, although I did not understand how this happened.

In any case, a hardware wallet today is considered a reliable way to store our bitcoins.
Another impact is for the new ones to realize that things aren't easy in this industry. Many 'professionals' at the present started from scratch and they simply showed their determination which brought them to where they are at the present.
I read in your story about the Xapo wallet and remembered the story associated with it, I also used it once to collect Satoshi from different sites and games and at one point I just forgot about it because I started using other wallets.And that year my friend called me and said that he received a letter in the mail that the service would be closed and withdraw his money.I checked my balance and was surprised that there was about 200 dollars.Such finds are very encouraging.
Yeah, it is good old days. I am very happy that time when I withdraw 10$ free in a week using faucets only. I think it is around 2017 or earlier 2018, there are many faucets that will give you free Satoshi and eth as well. Many people that time think that crypto is not real and it is only for MLM and it is only use to scam people, many of my friends that time didn't believe but now I see they are already invested on it.
Faucets are indeed a thing which gave profit to the early users in this industry. Also, the profitable signature campaigns way back those years. This reminded me of the feeling when I first earned my payout from the first project I engaged myself into which was already big back then. Airdrops as well are mostly paying before unlike with what we are seeing right now wherein most are not. Brings back indeed good memories.

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March 19, 2023, 01:37:45 PM
 #42

I remember a lot from your stories, I found some of my bitcoin books as well that I bought from minerjones it was pretty cool and had awesome contents,





I also do a lot of faucets back in the day and it was a good experience for sure, doing faucets I think all of my claims only do around 30-50$ on multiple websites. But I think it was freebitco.in which I earned a lot, at that moment I do every possible way to earn bitcoin including bounties, airdrops, ICO, campaigns, etc. I admit it was really difficult to invest in bitcoin especially when you don't have a source of income, in my early days when I learn bitcoin I was only a student so even though I want to invest I didn't really have money to do it. But when I already started to earn bitcoin that is also what I used to invest and multiply my funds.

You have a long journey and learn a lot of things from that experience, you could always come back since the market is always open and has a lot of opportunity, I did sell my bitcoin as well when the bear market, but I didn't give up since from what I learn we still have a lot of opportunity and room for profit.




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March 19, 2023, 02:52:27 PM
 #43

This is damn interesting to see. I am looking at it as lost and found treasure stuff. I used to write the private keys, wallet info and even various sites that I used to visit as interest. I bet I would find similar books in my closet if started cleaning up. The reason I have kept them locked away is due to the fact that slowly I adopted new tech. For example most of the portfolio is now on hardware wallet. Instead of having too many software wallets I am keeping segregated funds over hardware and couple of Soft wallets only. This has reduced write up a lot. It’s also very risky. For example let us say our books were found by someone else or we would have lost them forever, so as to bitcoin with it.

It’s good post to understand that information is so vital and tender when it comes to written info! Be careful and Store it wisely guys.
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March 19, 2023, 03:12:03 PM
 #44

wow, it seems that everyone remembers that amazing past, I also remember how the process was at that time with several accidents in the market which caused the price of bitcoin to fall and reap the insult that bitcoin will die, I am very happy that there are still many people who are safe and not leaving bitcoin from that time. maybe i also need to go through some obsolete documents in my filing and find something maybe unexpected one can get today from bitcoin, if i'm not mistaken also i had several wallets at that time to get bitcoin and other coins.
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March 19, 2023, 03:18:54 PM
 #45

How did you know about Bitcoin in 2016, 2017 and know about those faucets but did not join the forum earlier?

You only joined Bitcointalk in 2022, about less one year and one month ago. It is good to know that you are Bitcoin adopter since 2016, 2017 and you are survivor since the past bear market and a current one because you are still here, around Bitcoin, this market and are a member of this forum.

Would you mind sharing what happened with you since 2016 till 2022, please.

Today you can claim Bitcoin at this faucet: https://freebitco.in/site/bitcoin-faucet/

I am not sure about other faucets.

A first Bitcoin faucet is Get 5 free bitcoins from freebitcoins.appspot.com in June 2010.

Wow 5 Bitcoin is a big thing right now.  That's crazy!.  But it makes sense because the price of BTC then was not what it is today.  I'm sorry because I got to know this forum in 2016 but I didn't study and do activities in this forum because at that time I didn't have enough community and information regarding this forum.  Maybe if time could be turned back, I want to learn BTC and trade cryptocurrency in that year then I will invest until this year Cheesy

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March 20, 2023, 05:00:25 AM
 #46

your story is very interesting, and I like the way you work hard to achieve your goal, which is to have bitcoin,

but of course, to achieve success, of course, you need to struggle because all successful people, of course, mostly come from the bottom first and feel suffering.

hopefully good luck to all of us in this forum.
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March 20, 2023, 11:45:06 AM
 #47

Another impact is for the new ones to realize that things aren't easy in this industry. Many 'professionals' at the present started from scratch and they simply showed their determination which brought them to where they are at the present.
This is a great example to follow. I thought that it is better to trade altcoins, that they can give the best profit, and that there is nothing wrong with storing my coins on the exchange, but as it turned out, it is very dangerous, it’s good that I found out about it in time.
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March 20, 2023, 02:14:37 PM
 #48

wow, it seems that everyone remembers that amazing past, I also remember how the process was at that time with several accidents in the market which caused the price of bitcoin to fall and reap the insult that bitcoin will die, I am very happy that there are still many people who are safe and not leaving bitcoin from that time. maybe i also need to go through some obsolete documents in my filing and find something maybe unexpected one can get today from bitcoin, if i'm not mistaken also i had several wallets at that time to get bitcoin and other coins.
That was historical especially when the time bitcoin passed its all time high. Way back 2018 where I first know crypto but dont understand it fully. i just heard it from my classmate then it gets my attention, the price of it was too far to what it is right now. Everytime I remember it, the what ifs comes in my mind like, what If I have the means to buy 1 bitcoin when I first knew it, what if I keep holding my crypto in my wallet for years? But those are just what ifs, im still greatful to know crypto at a young age because it helps me a lot and I found friends in my crypto journey who are pushing me to become succesful to in life.



BIG WINNER!
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March 20, 2023, 02:49:37 PM
 #49


I hope someone learn one or two from my journey, if you can't afford Bitcoin, find a source of income first, enough to feed your needs and enough for savings or else you will go back to the last savior you have ( Your Bitcoin wallet) and spend it all to survive.


That's nice of you to write down your story here on the forum. It's always nice to read other people's story with cryptos, even if they made mistakes. The funny thing is that 2016 was also the year when I got bitcoins, but unlike you I didn't buy any books. I only used online articles and the forum here to learn about bitcoin's. Now with hindsight I wish I would have invested more time into my crypto education. My biggest mistake was in 2016/7 to sell all my coins again and not stick around for the long run. Looking at bitcoin as a great tool to save money longterm is the best approach.
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March 20, 2023, 03:36:48 PM
 #50

great experience and quite unique data storage so that you can find memories that maybe everyone who first profited from the faucet became a rice box fighter for some profit, The dark atmosphere in 2017 on bitcoin I still remember it, I want to share stories too but it seems that the equipment and material that I wrote on my journey the first time I touched bitcoin might have been lost somewhere, because at that time I didn't really archive the writings that I made to get some satoshi, if only at that time I didn't panic and sell The bitcoin that I own and hold until now maybe I have a more luxurious life today, that regret. Embarrassed

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March 20, 2023, 05:23:23 PM
 #51

What an encouraging story, this is what many people need to be in the strong mood to accumulate Bitcoin, we all have our regrets as investors, I got serious about Bitcoin too very late, if not I would have invested some money that I wasted on unnecessary things in the past, so much regrets but I thank the almighty, I am still alive and striving.

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March 20, 2023, 08:48:09 PM
 #52

Newbies in Bitcoining can surely learn a lot with your story OP but for us experienced Bitcoiners, we already know those because we have been on the same boat by the time we are just getting started. If let say you are more knowledgeable in Bitcoin, there are still scenarios that you can't avoid and there is still a chance that you will use/spend your Bitcoins.

This is something that we must not regret. If you want to know how much Bitcoin you have sold, you can always check your wallet history. If it doesn't have that option, you can try copying your receiving address and paste it in some Bitcoin block explorer like https://www.blockchain.com/explorer or https://blockchair.com/ . They should show the total Bitcoins that you have received in your wallet.

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May 31, 2023, 02:34:49 PM
 #53


I hope someone learn one or two from my journey, if you can't afford Bitcoin, find a source of income first, enough to feed your needs and enough for savings or else you will go back to the last savior you have ( Your Bitcoin wallet) and spend it all to survive.


That's nice of you to write down your story here on the forum. It's always nice to read other people's story with cryptos, even if they made mistakes. The funny thing is that 2016 was also the year when I got bitcoins, but unlike you I didn't buy any books. I only used online articles and the forum here to learn about bitcoin's. Now with hindsight I wish I would have invested more time into my crypto education. My biggest mistake was in 2016/7 to sell all my coins again and not stick around for the long run. Looking at bitcoin as a great tool to save money longterm is the best approach.
I don't know how I missed this topic but it was really educative knowing how others made mistake during their early bitcoin journey. Mistake is actually the best teacher but ignorance sometimes do drag us back, I was so eager and have always wished to be there when it all started and have said to myself in different imagination about the amount of BTC I would have stacked up if I only new about bitcoin much but after reading this thread some question just kept ringing in my head  and it was how do I know if I wouldn't have made similar mistakes or even more grevious mistake like this. Well I just I hope I won't have a situation that will lead me to sell almost all my coins in my portfolio especially now that we are heading towards a possible halving that can boost the market to a new price ATH.

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May 31, 2023, 02:50:54 PM
 #54

I don't know how I missed this topic but it was really educative knowing how others made mistake during their early bitcoin journey. Mistake is actually the best teacher but ignorance sometimes do drag us back, I was so eager and have always wished to be there when it all started and have said to myself in different imagination about the amount of BTC I would have stacked up if I only new about bitcoin much
You're right, mistakes are the best teacher for whoever you are and surely it will help you a lot in terms of self-development and abilities. Many people are so ignorant of bitcoin's potential that they don't want to learn, but some people who have known so much before also made mistakes that they only regret today. If you don't want to repeat the same mistakes, then make them your best teacher for your upcoming days in bitcoin.

Well I just I hope I won't have a situation that will lead me to sell almost all my coins in my portfolio especially now that we are heading towards a possible halving that can boost the market to a new price ATH.
You can't completely avoid financially pressing situation as long as you don't have a lot of savings in reserve. You should not invest in bitcoin with all your savings budget if you have no other reserves. No one knows if they are financially secure in the future, so make sure you have some money in reserve before you decide to invest.

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May 31, 2023, 04:06:08 PM
 #55

I remember that I also do the same!! What a treasure. I remember the days that I list faucet names on a notebook that I have to open it on computer that I am using. Most of the faucet back then is bombarded with ads and unlimited captcha problems and the current reward that time is so low but yeah if we convert it to today price, I can consider it as a good side hustle today if they offer the same reward but yeah faucets are dead. I wonder where is my same old notebook that I have back then.

What a good find man!
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July 08, 2023, 07:19:04 AM
 #56

I remember that I also do the same!! What a treasure. I remember the days that I list faucet names on a notebook that I have to open it on computer that I am using. Most of the faucet back then is bombarded with ads and unlimited captcha problems and the current reward that time is so low but yeah if we convert it to today price, I can consider it as a good side hustle today if they offer the same reward but yeah faucets are dead. I wonder where is my same old notebook that I have back then.

What a good find man!
Yeah man, it was a wonderful unforgettable experience, those faucets pay themselves through ads, that's how they are able to keep those websites running, a single click to earn Satoshi on the faucet can display 4-6 ads and that generates money for the faucet owners too, it was only freebitco that has almost zero ads popping up on your computer but still they display other projects banner on their websites too, I am sure they are getting paid for doing that.

I wish faucets are still available today for young crypto projects that are very cheap but I guess it's not profitable to run anymore, only standalone websites that have other ways of making money are still in business, freebitco is also a gambling website that's why they are still up and running.


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July 08, 2023, 08:20:37 AM
 #57

I don't have any bitcoin books. However, I wrote a very small general introduction guide to bitcoin can't remember but I was very happy with it thinking that I know everything about bitcoin by then  Grin

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July 08, 2023, 08:29:50 AM
Merited by vapourminer (2)
 #58

I know I should also be having good nostalgia from those days, although my days were really in 2017, but they were when I was so busy researching and supporting so many projects. Investing my own money and really "following the dream". Crash hurt me so bad though that I almost left, especially because I used so much of my BTC to "diversify" into alts.

Lessons were so learned that year lol.

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July 08, 2023, 11:25:00 AM
 #59

I enjoyed your story and it is inspirational to those of us, like me who is still learning the best approach to investing in Bitcoin.
You were consistent despite the failure you had, you even made sacrifices and the money you saved up in BTC was of a better value when it was needed mostly.
This is why the decentralized system isn't going to fail as most fear.
Perhaps if your parents had known then that you had some crypto or close family knew, they would have found a way to sabotage your savings process with you regretting why you let them in on your plans.

You also won new fans and members who believe in cryptocurrency and the decentralized system in the persons of your parents, your brother and all those who must have heard how you provided funds when all hope was lost.

Way to go OP.
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August 17, 2023, 10:24:36 AM
Merited by vapourminer (2)
 #60

I know I should also be having good nostalgia for those days, although my days were really in 2017, but they were when I was so busy researching and supporting so many projects. Investing my own money and really "following the dream". Crash hurt me so bad though that I almost left, especially because I used so much of my BTC to "diversify" into alts.

Lessons were so learned that year lol.
Some of these old moves still haunt me today, I also focused on some altcoins, I spent money on graphic cards, but I made the mistake of mining altcoins, I could have focused on Bitcoin and Ethereum only, and maybe today I would have become an Ethereum whale at least but instead I started mining shit coins, then I don't even look at those coins like they are shit, who would have thought 🤔 so?

I ended up losing everything because those shitcoins have no value after a few months, some turned to scam, we all have learned the hard way but it's a greater lesson that are worth it, at least we aren't the same person we used to be back then, and brother, that's a big achievement.

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