Are there really BTC seers?

[Sioni]

Almost every Bitcoiner is familiar with the Pizza man and the BTC Pizza day; the story of how a man sold thousands of btc just for a pizza. If it was a movie/drama, that movie will fall under Tragedy. A man simply didn't see the possibilities that lies ahead and hence sold generational wealth for a fleeting moment. But unlike the pizza man, a long-dormant Bitcoin whale just moved 400 BTC (~$44M) after 12 years of silence.

The wallet originally received miner rewards about 15 years ago, when BTC was worth next to nothing. Fast forward, and those coins appreciated 830x in value, from roughly $135 to $111,800 at the time of transfer.

Arkham data shows the funds were moved in neat 15 BTC batches until the wallet was completely emptied. The owner remains a mystery, and so do their intentions, whether cashing out, diversifying, or simply moving to a more secure wallet.

This isn’t the first time such will happen. We’ve seen several “Satoshi-era” wallets reawaken recently as Bitcoin hit new highs. Big names and whales are repositioning.

My deep thoughts:
Remembering the story of the pizza man and reading about this BTC Whale move today made me think, are there really btc seers, men who did see the future of btc and decided to be patient even when it all looked crazy? Or they simply were just mad enough to not bother for years?

Would you have held through if it were you for years through the highs and lows? I would like to hear the thought's of BTC OGs

[Ambatman]

On the what If Laszlo had not bought the pizza, There's something called butterfly effect
Who knows if he hadn't made that exchange Bitcoin wouldn't had been this big.

The fact still remains we can't really foresee the future but try to predict with today's data.

There are many that held because they knew it would make wave in the future
There are those that lost access to their coins and recently got access.

While there are individuals too that understands it's potential but something happened along the way
That made them sold it.


There are no seers

[philipma1957]

On the what If Laszlo had not bought the pizza, There's something called butterfly effect
Who knows if he hadn't made that exchange Bitcoin wouldn't had been this big.

The fact still remains we can't really foresee the future but try to predict with today's data.

There are many that held because they knew it would make wave in the future
There are those that lost access to their coins and recently got access.

While there are individuals too that understands it's potential but something happened along the way
That made them sold it.


There are no seers

which means you can not see if seers don't exist.

But I tend to think you may be correct.

[mondway]

Everyone in the very early years of bitcoin was a bitcoin seer, we saw the obvious that no one else did  We knew something barely worth pennies would one day be worth millions. It seems that clarity and type of person is lacking these days though, most people these days in the space aren't able to see much at all and don't have good insight.

[bangjoe]

There are no fortune tellers, it's just speculation. They are only convincing themselves with what they have found and know so that they can make assumptions based on their point of view.

What Ambatman said could be true. Additionally, some whales move their Bitcoin to new addresses for security reasons, which doesn't necessarily mean they're selling it. There are also many old addresses that deposit Bitcoin into exchanges, but not to sell it, but to distribute it to several addresses for security reasons. Smart whales usually don't accumulate their Bitcoin in one address, so don't be surprised by transfers or old addresses becoming active again after being dormant for a long time.

[Majestic-milf]

There are no fortune tellers, it's just speculation. They are only convincing themselves with what they have found and know so that they can make assumptions based on their point of view.

What Ambatman said could be true. Additionally, some whales move their Bitcoin to new addresses for security reasons, which doesn't necessarily mean they're selling it. There are also many old addresses that deposit Bitcoin into exchanges, but not to sell it, but to distribute it to several addresses for security reasons. Smart whales usually don't accumulate their Bitcoin in one address, so don't be surprised by transfers or old addresses becoming active again after being dormant for a long time.

You're right. It's easy to say or view speculators as seers or fortune tellers because some times their predictions end up being right but the truth is if there had been seers, and one had made said that at a given period of time, Bitcoin would climb to a $100k+ I'm sure that those who sold their coins wouldn't have because everyone would want to make huge profit so they would keep but since it was speculation that Bitcoin might get to a $100k, not everyone gave it much importance because even though it had the tendency to happen, not everyone believed it would.

[abaeze]

Laszlo's pizza incident is really interesting but I think he is now regretting doing this.
To be honest, none of us know about the future. And if it were really known, I don't think anyone would have spent thousands of BTC on pizza like this.
However, the BTC transaction from the old wallet can be for various reasons such as: security purpose or many people may have sold something or got back the lost wallet and became active. The biggest truth is that no one knows about the future and no one is sitting anywhere as a seer of Bitcoin.

[GeorgeJohn]

Everyone in the very early years of bitcoin was a bitcoin seer, we saw the obvious that no one else did  We knew something barely worth pennies would one day be worth millions. It seems that clarity and type of person is lacking these days though, most people these days in the space aren't able to see much at all and don't have good insight.

Really so many persons did not value bitcoin as of that time, because they thought bitcoin will be worthless currency, so people who have the ambition and vision are the one who knows that one day bitcoin will be valid

The earlier time bitcoin were introduced, it's a few people that summon courage to purchase btc and hold, even laszlo's who bought pizza with such amount of bitcoin, won't have bought pizza with such amount, assuming he knew that bitcoin will be this great today, he would have hold the bitcoin till today

One thing laszlo's did with bitcoin, is a legacy, such legacy can never die unless bitcoin is no more, but provided that bitcoin is in existence, the remembering of laszlo's pizza will continue be remembered often, it most look like a fresh wond.

[kotajikikox]

Almost every Bitcoiner is familiar with the Pizza man and the BTC Pizza day; the story of how a man sold thousands of btc just for a pizza. If it was a movie/drama, that movie will fall under Tragedy. A man simply didn't see the possibilities that lies ahead and hence sold generational wealth for a fleeting moment.

Is it really a tragedy if bitcoin ended up becoming as valuable as it is now? I think that it’s a really cool thing to be a part of history and besides it’s not like Pizza man disappeared after that and had no chance to buy more bitcoins.

My deep thoughts:
Remembering the story of the pizza man and reading about this BTC Whale move today made me think, are there really btc seers, men who did see the future of btc and decided to be patient even when it all looked crazy? Or they simply were just mad enough to not bother for years?

No one can see the future. A lot of us put our trust in bitcoin based on just what we have seen and experienced from the past. Though those who have held on to btc before simply had blind faith.

[Tamaperdana]

~Snip

I believe fortune tellers or people who predict Bitcoin do exist, and the evidence is that quite a few people have successfully held onto their Bitcoin since its low price. I believe this is a fact that cannot be denied. If those who successfully held onto Bitcoin from its very low price until now hadn't predicted this would happen, I believe they would have sold their Bitcoin when the price doubled or tripled. Because 12 years ago, when technology wasn't as advanced as it is now, I think they would have considered Bitcoin a joke or merely a token for gaming. But intelligent people with foresight realize that Bitcoin is a highly potential asset for the future.

So perhaps that's why the whales have managed to hold onto their Bitcoin until now. But it's undeniable that quite a few also hold onto their Bitcoin unintentionally. Perhaps they thought Bitcoin was a joke, so they decided not to do anything with it. But when they saw the Bitcoin price explode, they realized what a powerful asset it was. So, in essence, some people successfully hold Bitcoin by luck (unintentionally), while others have already predicted it. But more importantly, we must not lose hope. Bitcoin is still relatively cheap now compared to what it will be in 15 years (if all goes well). So, we must use our time now to earn money and invest in Bitcoin.

[nemesis_incarnate]

Almost every Bitcoiner is familiar with the Pizza man and the BTC Pizza day; the story of how a man sold thousands of btc just for a pizza. If it was a movie/drama, that movie will fall under Tragedy. A man simply didn't see the possibilities that lies ahead and hence sold generational wealth for a fleeting moment.

Is it really a tragedy if bitcoin ended up becoming as valuable as it is now? I think that it’s a really cool thing to be a part of history and besides it’s not like Pizza man disappeared after that and had no chance to buy more bitcoins.

As far as I know, he doesn't regret what he did, because he used BTC as it was intended: and he got what he wanted.

[lovesmayfamilis]

You can believe whatever you want, but the fact is, there's not a single shred of evidence yet. No matter how many so-called psychic prophets there are, they all claim to see the future, but we still haven't seen any confirmation. Therefore, those who were patient may not have needed the money at all... Yes, I can imagine their joy and respect them greatly when they began to see growth and were strong enough not to sell their savings. However, there are more stories from those who could have been rich but weren't. There are also quite a few such failed millionaires among us.

I believe fortune tellers or people who predict Bitcoin do exist,...

[Felicity_Tide]

are there really btc seers, men who did see the future of btc and decided to be patient even when it all looked crazy? Or they simply were just mad enough to not bother for years?

I honestly think that there is no such thing as a Bitcoin seer. I replied to something similar on the gambling board, and it was still about those who spent a lot of BTC back in the days. No man can see into the future, but of course, we can have high expectations for the future. Having an expectation, which is a positive mindset towards Bitcoin for the future, is different from seeing what the future would look like. Some of the early adopters had high expectations and anticipated for Bitcoin to do well, while taking the risk. The future was never revealed to them. They took the risk because they believed. Mind you, things would have easily gone south, who knows?, but fortunately, it didn't.

And as for the guy who used a large number of Bitcoin for pizza, and for other adopters that did the same for something different, I have stopped seeing them as people who made mistakes. Why is that?. I want you to see Bitcoin as a story written from the Introduction(chapter one), to let's say chapter 10. Those OGs who spent a lot where all part of the story. I doubt if Bitcoin would have gotten far without them being part of the story.

Would you have held through if it were you for years through the highs and lows?

I doubt.
Remember that some lows weren't just original lows. They were heavy crashes.

[bangjoe]

There are no fortune tellers, it's just speculation. They are only convincing themselves with what they have found and know so that they can make assumptions based on their point of view.

What Ambatman said could be true. Additionally, some whales move their Bitcoin to new addresses for security reasons, which doesn't necessarily mean they're selling it. There are also many old addresses that deposit Bitcoin into exchanges, but not to sell it, but to distribute it to several addresses for security reasons. Smart whales usually don't accumulate their Bitcoin in one address, so don't be surprised by transfers or old addresses becoming active again after being dormant for a long time.

You're right. It's easy to say or view speculators as seers or fortune tellers because some times their predictions end up being right but the truth is if there had been seers, and one had made said that at a given period of time, Bitcoin would climb to a $100k+ I'm sure that those who sold their coins wouldn't have because everyone would want to make huge profit so they would keep but since it was speculation that Bitcoin might get to a $100k, not everyone gave it much importance because even though it had the tendency to happen, not everyone believed it would.

Sometimes we will be confused between predictions and hopes, at least people think before that will reach $ 100k is hope for themselves and the situation is the same as now to reach $ 150k, there is a prediction that makes it hope, then depending on how you consume it.

Fortune teller or indigo or whatever can see the future indeed for people who are realistic or their lives are full of logic perspectives will be very difficult to accept, but for some people who believe we cannot stop it, and these two things can have different paths and exist in this world.

[fikrett]

Some sold at 1k, some - at 10k, others - at 50k.

And others didn't sell even at 100k, probably.

You may think what you want, but each case is different

[taufik123]

You can believe whatever you want, but the fact is, there's not a single shred of evidence yet. No matter how many so-called psychic prophets there are, they all claim to see the future, but we still haven't seen any confirmation. Therefore, those who were patient may not have needed the money at all... Yes, I can imagine their joy and respect them greatly when they began to see growth and were strong enough not to sell their savings. However, there are more stories from those who could have been rich but weren't. There are also quite a few such failed millionaires among us.

I believe fortune tellers or people who predict Bitcoin do exist,...

Yes, there are actually more sad stories that may not be exposed by them and just see that what others are saying about Bitcoin becomes real.
People who still believe in prophecies or something like that tend to have an excess of imagination, as if the words of others are a real guideline that will happen.

If it is true that it can predict the price of Bitcoin or what will happen to Bitcoin in the future,
it should be able to predict how much the minimum and maximum increases will occur and make futures trades, it can answer whether one can predict or not.

Because people who claim to be able to predict Bitcoin are only guessing that Bitcoin will rise in the future without telling them the exact price that will be reached and when that will happen, just a simple guess.

[Gozie51]

My deep thoughts:
Remembering the story of the pizza man and reading about this BTC Whale move today made me think, are there really btc seers, men who did see the future of btc and decided to be patient even when it all looked crazy? Or they simply were just mad enough to not bother for years?

At that crazy era, maybe Nostradamus wouldn't have been able to do otherwise. No blame for Laszlo Hanyecz at the time. Nobody would have expected that price of bitcoin will get it to this price when it was called bubble.

There are no seers in the past when we had few trading charts and technical platforms to predict the price of Bitcoin, when all that was thrown at bitcoin were in the negatives and created panic but seers that we see now are speculators using charts and fundamental analysis to predict price of bitcoin.

Would you have held through if it were you for years through the highs and lows? I would like to hear the thought's of BTC OGs

No.

Some people had bitcoin earnings from the forum 6 years ago but they are all gone 

[Maliceprime]

There were great seers in the world but right now i doubt they still exists, in the medieval era many seers existed and they died out of old ages and wars, some were labeled witches/wizard and evil, in the case of bitcoin nobody saw anything, mind you i will rather call Satoshi Nakamoto a great seer because no man can create Bitcoin without seeing a clear vision that it will safe the economy in the future, to build anything in this world you first must have a dream and a vision, this is the foundation behind every great innovation in the world today.

I believe that the early holders must have seen the sign or let me say the vision behind what Nakamoto built, they believed in its creation, to cut this short i believe that if i knew what i know now i would have given Bitcoin a chance, it is what those whales did, they knew there is chances of failure but they took the risk, this is the difference between us and those smart investors, they are risk takers.

[348Judah]

My deep thoughts:
Remembering the story of the pizza man and reading about this BTC Whale move today made me think, are there really btc seers, men who did see the future of btc and decided to be patient even when it all looked crazy? Or they simply were just mad enough to not bother for years?

Nothing of such ever existed, there are not seer or superstitious believes in bitcoin investment and adoption right from time, it's all about what we are convinced of and going for that same thing we know is of importance to us, not everyone has this strong ability of taking risk, some are doubting Thomas, while some are good in having a perception for future opportunities, this is not very common with all men, because we all have different way of approach to something new, but if we don't take the risk to trust in something or someone, how can we know if such is the long awaited opportunity for us.

[buwaytress]

Some people had bitcoin earnings from the forum 6 years ago but they are all gone 

Almost ten years ago for me and yes, all gone. haha. Some of us actually need to make a living, so what we earned we also used. Like everyone who tries, I built up savings but have also used them up for family milestones/emergencies. Even with all the belief and conviction one might have, one has priorities, dependents, you know, real life. One bows to them as necessary, if one is from that part of society I guess.