12 years of a Legendary post

[Ale88]

People that understand the law of demand and supply with how bitcoin was in more than 10 years ago would have known this would happen and it happened.

In my opinion it's a little more complicated than that: just because someone creates something scarce, it doesn't automatically mean people are going to embrace it and buy it. With bitcoin is different, for sure it means being visionary, it means understanding how the current financial system is broke, it means knowing that for years and years you will have everybody against you. Many people knew about bitcoin 10 years ago and yet just a small minority chose to believe in it.

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[ImThour]

Those who are visionary and open to adapt, are the one who makes the most. Wealth is another result of that in my honest opinion. And I am sure If we say something and believe it in 2023, you would surely see someone quote it and post it on social media 10 years from now, i.e. in 2033. Bitcoin is going to stay here and be part of the world economy in the upcoming years. No one will be able to stay away from it when it reaches above $100k.

[KiaKia]

99% of the readers back then won't take the prediction serious, it's possible if I was here back then I might have sold all my Bitcoin, there is a difference between joining the race and understanding the Bitcoin itself, many people don't, most are here to make money that's how they fins Bitcoin and only very few new what Bitcoin will turn into in the future, it's also why I believe so hard that most inactive Bitcoin wallets are not completely lost unless the owners lost their lives, some people really believe in the innovation, they knew that something like Bitcoin will one day probably safe the dollar from bigger trouble.

[lionheart78]

It's not news that Bitcoin was cheaper back in the day and it's also not news that there were users that trusted it when there was no historical value to go with and acquired a large amount of it to get them their dream life.

Only a handful of people think that Bitcoin will boom and many have doubts about BTC during that early stage but BTC proves these doubters wrong though.  

Would we see any such ROI in the coming ten or twenty years, most probably no. No asset increases exponentially, it gets to a point when it starts slowing down and stabilizing, we are very close the actual valuation of a single bitcoin.

I still believe that we are still far away from the actual valuation of a single bitcoin.  One of the reasons is the percentage of Bitcoin adoption and the people who are still hessitant of using it.  Aside from that. we can still see that numerous countries that are still half-hearted and is not somehow convinced about the use of Bitcoin.  Since we believe that Bitcoin will be globally accepted, the current adoption percentage simply tells us that Bitcoin is still far from its supposed to be value.

It's great the poster is anonymous, privacy is very important and we would not want the wave of interview requests and attention that would follow his exposure.

Whether we wanted it or not I believe being a guest poster removes the possibilities of identifying the person.

[GazetaBitcoin]

Great job, Little Mouse, for bring that topic again to forum's attention!

It was one of the oldest topics I ever read in the past and I was always fascinated about the way the author expressed himself -- "I am pretty confident we are the new wealthy elite, gentlemen." -- he was so right about it!

What makes me sad though is the fact that the respective topic is locked, thus it can't be merited. Probably, if it wasn't locked, it would have attracted hundreds of merits until now... Just look at the number of pages that topic has -- 232 pages. And posts kept flowing from 2011 to 2018. The author was indeed a visionary. Hopefully, he is still with us and - who knows? - maybe he reads these...

[Bitcoin_people]

The person who predicted Bitcoin 12 years ago may have been convinced that the price of Bitcoin would reach such a level in the future. Most of the people who predicted at the time that they were right probably knew that Bitcoin would one day play a big role in the world and make people rich. Because they knew Bitcoin was serious in a wallet they held Bitcoin as their future asset yet didn't sell it. And if they make such predictions and still hold bitcoins, then there is no doubt that they are big people. Personally I believe that there are many legends in this forum who can make good predictions about Bitcoin and those predictions turn out to be correct.