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Author Topic: If you had a time traveling machine, then?  (Read 859 times)
tabas
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May 07, 2023, 08:39:52 PM
 #81

Well, it's obvious that all of us want to go back during the time that bitcoin is priced in as centavos and, we'd buy for sure a lot of it and will just have to wait until the right time comes to sell and we'd all be millionaires or even billionaires. But, I don't want to dwell in the past anymore and I know that this is just a situation discussion but then we should be moving on and it's hard to get stuck in the past and have all of those regrets get us reminded on where are we during those great times.
That's right but that's not the point of the original topic, it talks about the could've been things for many of us, it indulges our fantasies even just for awhile and I think that what OP is trying to point out here is that even if we have the machine, there's still uncertainty and we won't be able to predict accurately what could possibly happen.
You're right on the latter that even somebody or all of us goes back, true to that that we'll still be uncertain with Bitcoin since we knew the early days of it weren't really good at all and it's full of backlashing and only a few trusts it.

Well, it's obvious that all of us want to go back during the time that bitcoin is priced in as centavos and, we'd buy for sure a lot of it and will just have to wait until the right time comes to sell and we'd all be millionaires or even billionaires. But, I don't want to dwell in the past anymore and I know that this is just a situation discussion but then we should be moving on and it's hard to get stuck in the past and have all of those regrets get us reminded on where are we during those great times.
Precisely. It’s the time when bitcoin was still very cheap and everyone can afford to buy. If I have known and believed in bitcoin earlier, probably I could have made the maximum purchase of bitcoin store in my portfolio and might have gained massive profits way back 2017 when it’s price had surged to its highest peak. But in reality, there’s no time machine wherein you can correct your mistakes. What’s more crucial is now, and take advantage of every opportunity that comes in the market so we won’t keep reminiscing and regretting about the past.
That's what we're all saying but, the reality is even it's infront of us and too cheap, I don't think that the majority of us will buy it. So, these are all just discussions but putting ourselves into such situation will just make us think that we won't be feeling regret or at least we feel it but also accepting the reality of what actions we'll do from there.

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May 07, 2023, 09:27:08 PM
 #82

Another method is to learn from the mistakes of others, I have never invested in a meme coin and when I saw the results the majority of them have gotten with their investments in those coins I decided long ago to never invest in them, a decision that probably saved myself a great deal of money, because as we know those coins can experiment periods of extreme volatility and during those periods investors can lose a great deal of their capital in just a few weeks.
Big mistake when holding meme coins for long term, ever invested on meme coins and holding although earned profit more than 10x keep hold until price drop and removed liquidity on exchange dapp. I learned from this mistake never invest again in meme coin or hold it more than one week. We made many mistake and should learned all what have to do next time when investing in cryptocurrency and bad experienced not never gonna repeated again. Right now more careful and selective when investing in meme coin or decision for short term or long term holding some coin because not in accordance with the expected expectations.

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May 07, 2023, 09:30:14 PM
 #83

Yes, unless you experience the same thing you will not fully understand or feel what the other person is feeling. But yes we can also learned from other people experience, and we can have an advance thinking that we should avoid this thing etc. But if I could turn back time, I will save some of the money I earned here in bitcointalk and I will reinvest it in btc. That's one of my biggest regret.
Other people's experiences will be an early warning that we need to evaluate so that we don't make the same mistakes.

To turn back time and go back to the time when Bitcoin was not yet in great demand, it would be everyone's desire and then buy a lot.
Yes, but that will only be a fantasy, will never happen.

What needs to be fixed without the need for a time machine is how we understand trading well, understand cryptocurrency so that any current opportunity can take advantage of it to benefit. All will have the same opportunity, depending on how we will start.
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May 07, 2023, 09:31:10 PM
 #84

Well, it's obvious that all of us want to go back during the time that bitcoin is priced in as centavos and, we'd buy for sure a lot of it and will just have to wait until the right time comes to sell and we'd all be millionaires or even billionaires. But, I don't want to dwell in the past anymore and I know that this is just a situation discussion but then we should be moving on and it's hard to get stuck in the past and have all of those regrets get us reminded on where are we during those great times.

I do think that if I could turn back time, the obvious answer would be to HODL BTCs as much as possible and save it for the next 10-15 years where it would make me an instant millionaire or billionaire in this current day and age.

I do agree with your statement- the past is what defines the present and the future. The price history of BTC is what defined and pivoted its trajectory towards the success it is facing. Bearing that in mind, everyone may dream of achieving such scenario.

Though this may be the case, I do think that the current price of BTC now may be much higher 10-15 years from now. I always remind myself to HODL my BTCs and save it. Who knows that maybe in the future, its price may even skyrocket further.

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May 07, 2023, 09:34:25 PM
 #85

Sometimes the past should stay in the past. Maybe this is the best. I don't want to go back and say things like I would buy x bitcoins. I don't want to fantasize about the past and get stuck. I try to live our day the way we deserve. I am striving for my future. Thinking too much about impossible things is stealing time from our future.

What we need to do now is to think and invest in the next 5-10 years. For the previous years, we wish we had bought bitcoin. Why not buy now?
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May 07, 2023, 09:38:39 PM
 #86

If I could travel back in time there are so many things I’d do & if I’m honest, buying bitcoin earlier probably isn’t one of them. I have done well in bitcoin, sure I could have bought earlier. If I could travel back in time though I would probably spend more time with relatives who are no longer here (sorry to be boring).


You have done so well in Bitcoin, as you have said, but you are not wrong about what you have said. I am the kind of person who loves to kill two birds with one stone(funny). But since I have not gotten into Bitcoin early, I would basically get more Bitcoin since it doesn't take much stress or time to do so. After doing so, I will still spend more time with some relatives that I never got to spend a lot of time with before they died. Also, if possible, I would educate and advise a lot of my relatives to invest in Bitcoin as well.



Cheers 🥂

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May 07, 2023, 10:32:31 PM
 #87

It is a good practice to learn from other's mistake. But the impact to the lesson will not be as heavy as what you have learned from your own experience. As long as you don't suffer from your own mistakes and learn from them, then it will have less impact to your learning and experience. Because it is just another knowledge to you. But when you are the one to face it, you will gain experience. And experience is always ahead of knowledge. People hit the iron to make it strong. This has the same concept. But you need to track your improvements too.
Yes, unless you experience the same thing you will not fully understand or feel what the other person is feeling. But yes we can also learned from other people experience, and we can have an advance thinking that we should avoid this thing etc. But if I could turn back time, I will save some of the money I earned here in bitcointalk and I will reinvest it in btc. That's one of my biggest regret.

In learning things and acquiring experience through others, it is not necessary to have the same feeling as the person.  It is a matter of the cost and effect things and not the dramatic feeling the subject is going through.  Honestly, we can tell them (feelings) since we have a grasp of how emotion is formed.

Time will never come back so this discussion is a bit in vain but one thing we can do is just learn from the past experience and use it to leverage our advantage in the present and future tense of our Bitcoin journey.
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May 07, 2023, 11:00:49 PM
 #88

Going back through a time machine doesn't seem to the right way of technology. It'll disturb the perfect functioning of any technology. It is good to get going along with the realtime and get adopted to it. People say that they will get back to the past and buy a lot of bitcoins. It is ok but sure the limitations and the goodness will surely  disturbed as it'll create miscalculations.

Whether it is bitcoin or any form of investment is normal people wish getting back to the past and having investment at the right time. We should think of the reality and act accordingly, which means even the ongoing market is an possibility which needs to be used.

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May 07, 2023, 11:56:21 PM
Merited by The Sceptical Chymist (3)
 #89

If you could travel back in time today, what would you do?
Every now and then someone asks a similar question and each time I ask why don't people just buy bitcoin right now. It is not like we've reached the maximum price possible! Funny thing is that if you check the price at that time against current price you can see what those who didn't buy then, have already missed out.

For example you can see in this topic some people say "they would have bought $X worth of bitcoins". Price that month dropped as low as $6k and today it is 5x higher! Do you think any of those guys bought bitcoin then instead of wishing they had a time machine?

Who knows, maybe in a couple of years from now I find this topic and post it as an example for someone else who will have asked this question again Roll Eyes

That is mostly true and I see it the same way, but the huge difference between back then and now is the significantly increased downside risk and the decreased upside potential. Nobody could have ever truly known how far Bitcoin will go, but when you consider its total supply and you would have decided to buy 10,000 Bitcoin for $45, you would have owned a significant share that either goes to 0 one day and you would be $45 poorer or you would hold a relatively significant share in something you think is interesting and somewhat different from other potential assets in a very tempting way.

This does not mean that Bitcoin can't outperform other assets anymore. It would probably will for quite some time, but if I am not mistaken, nothing has ever performed like Bitcoin I believe. The psychological effect on getting in when you know you have missed the train for over a decade is rooted in the accounting you do in your head. You think about the 10000x that it has done already and then you have doubts whether it can do it again and whether there is something else that could do this. Ultimately, you do know that it had never been easier to get rich and this has certainly become true for some of the earliest buyers.

It is said that seed investors take the biggest risk because they finance a start-up or product that is still in its infancy. In the case of Bitcoin there wasn't really any risk if you only look at the numbers. Throw 50 bucks at it and let it go. Couldn't have invested 50 bucks in Facebook or Amazon and also became as rich.

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May 08, 2023, 12:04:34 AM
 #90

Sometimes the past should stay in the past. Maybe this is the best. I don't want to go back and say things like I would buy x bitcoins. I don't want to fantasize about the past and get stuck. I try to live our day the way we deserve. I am striving for my future. Thinking too much about impossible things is stealing time from our future.

What we need to do now is to think and invest in the next 5-10 years. For the previous years, we wish we had bought bitcoin. Why not buy now?
Some people still thinking not like you, they will try to back in the past and buy all of Bitcoin. But, something like this, usually doesn't work because it will be different situation and become unexpected in the future. I agree, One way to back in the past is to buy Bitcoin today, but not many are aware of it, because they is still lulled and imagined if all that is too late and there's nothing they can't do today.

I won't back to the past, If had a time traveling machine, i will change that machine so there is no option to go back in past, the option is only one, future.
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May 08, 2023, 12:20:47 AM
 #91

Sometimes the past should stay in the past. Maybe this is the best. I don't want to go back and say things like I would buy x bitcoins. I don't want to fantasize about the past and get stuck. I try to live our day the way we deserve. I am striving for my future. Thinking too much about impossible things is stealing time from our future.

What we need to do now is to think and invest in the next 5-10 years. For the previous years, we wish we had bought bitcoin. Why not buy now?
Some people still thinking not like you, they will try to back in the past and buy all of Bitcoin. But, something like this, usually doesn't work because it will be different situation and become unexpected in the future. I agree, One way to back in the past is to buy Bitcoin today, but not many are aware of it, because they is still lulled and imagined if all that is too late and there's nothing they can't do today.

I won't back to the past, If had a time traveling machine, i will change that machine so there is no option to go back in past, the option is only one, future.

The present is still a very good opportunity to buy bitcoin but many people do not dare to buy and dream about the past, which is really ridiculous. I also think that even if they go back to the past and do not know the future, they will never dare to buy bitcoin. Because right now, we all know that bitcoin will hit $100k, but still not too many people dare to buy.
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May 08, 2023, 02:25:25 AM
 #92

Sometimes the past should stay in the past. Maybe this is the best. I don't want to go back and say things like I would buy x bitcoins. I don't want to fantasize about the past and get stuck. I try to live our day the way we deserve. I am striving for my future. Thinking too much about impossible things is stealing time from our future.

What we need to do now is to think and invest in the next 5-10 years. For the previous years, we wish we had bought bitcoin. Why not buy now?
Some people still thinking not like you, they will try to back in the past and buy all of Bitcoin. But, something like this, usually doesn't work because it will be different situation and become unexpected in the future. I agree, One way to back in the past is to buy Bitcoin today, but not many are aware of it, because they is still lulled and imagined if all that is too late and there's nothing they can't do today.

I won't back to the past, If had a time traveling machine, i will change that machine so there is no option to go back in past, the option is only one, future.

The present will be the past of the future, if those who regret not buying bitcoin in the past, now is still the time for them to correct their mistakes. But you are right, not many people realize this, and people prefer to live virtually than accept reality and find ways to correct mistakes.
I know this is just a funny question because it never happens, but we shouldn't waste our time thinking about the impossible. Instead, evaluate the present and find a way not to repeat the same mistake in the future. We regret not buying bitcoin 14 years ago, so don't let this regret repeat in 14 years.

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May 08, 2023, 04:01:16 AM
 #93

-.-

What we need to do now is to think and invest in the next 5-10 years. For the previous years, we wish we had bought bitcoin. Why not buy now?

This is what I want to say, why don't we buy bitcoin now and hold until 15 years later? We don't have to reminisce about the past and get stuck with it, it doesn't make us any better either. It is never too late to invest in bitcoin, and I think now is the perfect time to invest in bitcoin. If I had to choose, I would rather buy bitcoin now than in the past because the future of bitcoin is more certain than ever. The risk of buying bitcoin in the early days is much higher than buying bitcoin from now on.

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May 08, 2023, 04:26:37 AM
Last edit: May 08, 2023, 04:41:18 AM by landheer
 #94

the price of bitcoin now can be said to be expensive when compared to before and there are lots of people who want to have bitcoin in large quantities because the price is expensive. but if you look at the past btc prices are of course very cheap
and of course, if you had a time machine, everyone would go back in time to buy as many bitcoins as possible, including me, i would also buy as many bitcoins as . and will sell btc at current price.

but I don't think it's worth thinking that far ahead because it won't work.

and keep in mind the present will be the past.
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May 08, 2023, 05:13:27 AM
 #95

I have held alts until they turned to dust. I don't ask much from time-machine, I'd just convert these alts at their highs to Bitcoin and put it into a cold wallet. Compared to responses here talking of thousands, even with time-machine I'd only have two digits of btc at max, yet it'd be enough somehow.

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May 08, 2023, 09:30:43 AM
 #96

1 The topic is not realistic but attracts quite a lot of people interested. It shows that more people are still living in fantasy than reality. Instead of expecting things that will never happen, we should focus on the present. If you believe in the future of bitcoin, accumulate now and hold for the next 10 years. If you continue to regret the past and don't buy bitcoin now, 10 years from now, you will still regret it.

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May 08, 2023, 07:12:41 PM
 #97

Well, it's obvious that all of us want to go back during the time that bitcoin is priced in as centavos and, we'd buy for sure a lot of it and will just have to wait until the right time comes to sell and we'd all be millionaires or even billionaires. But, I don't want to dwell in the past anymore and I know that this is just a situation discussion but then we should be moving on and it's hard to get stuck in the past and have all of those regrets get us reminded on where are we during those great times.

I do think that if I could turn back time, the obvious answer would be to HODL BTCs as much as possible and save it for the next 10-15 years where it would make me an instant millionaire or billionaire in this current day and age.

I do agree with your statement- the past is what defines the present and the future. The price history of BTC is what defined and pivoted its trajectory towards the success it is facing. Bearing that in mind, everyone may dream of achieving such scenario.

Though this may be the case, I do think that the current price of BTC now may be much higher 10-15 years from now. I always remind myself to HODL my BTCs and save it. Who knows that maybe in the future, its price may even skyrocket further.
We'll see that in the next upcoming years. We want to see that happen that price of Bitcoin is higher than in those years but inflation would also be high by that time. We don't know what's with the future and how it's going to look like but we've seen this in the past that nobody believed Bitcoin but only a few folks that the society thought they're geek and weird people but look where they are right now. Those that have held and believed on it are wealthier than those that have mocked them.

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May 08, 2023, 07:22:09 PM
 #98

It is a good practice to learn from other's mistake. But the impact to the lesson will not be as heavy as what you have learned from your own experience. As long as you don't suffer from your own mistakes and learn from them, then it will have less impact to your learning and experience. Because it is just another knowledge to you. But when you are the one to face it, you will gain experience. And experience is always ahead of knowledge. People hit the iron to make it strong. This has the same concept. But you need to track your improvements too.
Yes, unless you experience the same thing you will not fully understand or feel what the other person is feeling. But yes we can also learned from other people experience, and we can have an advance thinking that we should avoid this thing etc. But if I could turn back time, I will save some of the money I earned here in bitcointalk and I will reinvest it in btc. That's one of my biggest regret.

It can indeed help towards our own growth and improvement but we shouldn't be that perfectionist either because it is still okay to make mistakes as experience is the best teacher in life, there's no need to get embarrassed about it as even the most known investors are still losing in some of their investments but they aren't giving up. Just be yourself and as long as you know that you're doing everything the best you can, it's a win-win situation for you because if you lose, there's an experience but if you win, there's a profit.

And if I were given the chance to travel back in time, I surely wanted to buy and accumulate as much coins as possible and put it in a time-lock afterwards in the most-trusted bank in our country so that I won't be in the risk of selling some of those said accumulated coins whenever the market is achieving another ATH especially way back in 2017.

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May 09, 2023, 01:26:52 AM
 #99

Bitcoin is such an uncertain future currency that no one can say for sure what will happen in the future. Hundreds of predictions are constantly being made around Bitcoin. Predictions were made about this valuable currency in the past as well but some have gone down in history by selling this precious currency at a low price.

Martti Malmi sold 5050 bitcoins for $5 at a rate of just $0.00099 in 2009, setting the record for the lowest bitcoin sale in history.

Laszlo Hanycez made history by being the first person to buy a product at the lowest price in exchange for Bitcoin. He made history on May 22, 2010 by selling 10,000 Bitcoins for just $40-$45.

Our forum admin sir has sold his 160 bitcoins at a rate of only $0.003 on exchange for $0.48.



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Not only here but also in the past hundreds of Bitcoins have been traded which is amazing to see today. Those who traded Bitcoin at that time are now only regretting it and those who bought and held Bitcoin at that time, it is amazing to think how much their fortunes have changed today.

If you could travel back in time today, what would you do?


Wow! Learned something new today. Tough luck for those guys. Honestly at that point you just have to realize that you were never destined to be a stinking crazy rich person. Maybe gonna have to lower that bar homie and just settle for becoming a modest millionaire after spending one's whole life working your ass off and amassing it all by the time you're too old and can't enjoy it anymore, just like the rest of us hahahahah jk 😉

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May 09, 2023, 01:39:15 AM
 #100

Bitcoin is such an uncertain future currency that no one can say for sure what will happen in the future. Hundreds of predictions are constantly being made around Bitcoin. Predictions were made about this valuable currency in the past as well but some have gone down in history by selling this precious currency at a low price.

Martti Malmi sold 5050 bitcoins for $5 at a rate of just $0.00099 in 2009, setting the record for the lowest bitcoin sale in history.

Laszlo Hanycez made history by being the first person to buy a product at the lowest price in exchange for Bitcoin. He made history on May 22, 2010 by selling 10,000 Bitcoins for just $40-$45.

Our forum admin sir has sold his 160 bitcoins at a rate of only $0.003 on exchange for $0.48.
if they did not act like that, I don't think we will cross this Level of bitcoin today so thanks to all of them who shows faith and sacrifice
so all of us now will benefits, and yes their action might be frustrating now but at least , their name will be remembered forever.


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this only shows one thing , that we must have the same faith and actions for the betterment of crypto specially bitcoin in the long future.
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If you could travel back in time today, what would you do?
I will tell Satoshi to be more generous and allocate at least single bitcoin for the first million of users that will make transactions with Minimum spend/trade lol.

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