Bitcoin investor 2006

[terrific]

That investor who's got an advance thinking that after the recession and dotcom bubble there will be another emerging asset.
And whoever that guy is, I think it's possible that they have got the idea already and awaited for something to come out during those times.
But yeah, it's not specific that bitcoin is the one that they've awaited for but they've seen its features close to what they think.

[Bitcoin_people]

Quite alright, we cannot deny that there have been several projects being introduced even before Bitcoin was successfully initiated, but all their efforts to make something tangible were failed attempts because they never succeeded in everything until we had Bitcoin come into place and be the first to mass out among all other projects that have created a similar impression and solution to the entire world

Yes, before Bitcoin came to the market, there were many attempts to create digital money, but they could not be implemented successfully and did not gain acceptance. But when Bitcoin came to the market in 2009 and its acceptance gradually increased, where Bitcoin became very valuable as a secure, decentralized currency without any central authority. However, all the projects that were brought before Bitcoin were not successful, but later, the effective ones that may have had errors were managed properly and entered the Bitcoin market. Since Bitcoin came to the market, its acceptance has increased and people have trusted it by creating a usable network. However, in any case, if we are currently with a strong digital currency like Bitcoin, then our economic position will definitely be stronger in the future.

[JaanusRaim]

What an imagination! All I could deduce from your dream is what most people often dream of, which is the Next Big Thing.

As we are dwelling in Bitcoin now, many people are still waiting for the future Next Big Thing. That is how it would continue forever. This mindset had already caused many to be swindled or regret investing in many things as well. Let's just be thankful that Bitcoin wasn't just that Next Big Thing, but the one that's worth it.

Do you think it will happen again but a lot will still miss it? I think it was the way, people will not get it at genesis but they'll chasing it once it's clearly a winner.

I am talking about someone specific (and I am 95% sure that such person(s) existed).

Of course that person(s) exist because there has been a lot of invention before that was similar to Bitcoin and if somehow that person(s) know that Bitcoin exist they clearly invested in it. I think 100% was the clear answer here.

Yes, it is happening again. Exactly as it happened before.

These are asset life cycles, and they resemble the seasons.

[dansus021]

Chapter One was about discovering digital scarcity. Chapter Two is about integrating that scarcity into global financial architecture. The 2006 investor didn't need to predict Satoshi's name they just needed to understand that unprintable money was an inevitability of the digital age.

Today, Bitcoin has transitioned from an existential experiment to a global macro asset class backed by spot ETFs, sovereign reserves, and institutional balance sheets. The asymmetric 10,000x gain era born out of total obscurity is over. As you noted, Bitcoin has escaped "Earth's gravity."

[Dave1]

Quite alright, we cannot deny that there have been several projects being introduced even before Bitcoin was successfully initiated, but all their efforts to make something tangible were failed attempts because they never succeeded in everything until we had Bitcoin come into place and be the first to mass out among all other projects that have created a similar impression and solution to the entire world

Yes, before Bitcoin came to the market, there were many attempts to create digital money, but they could not be implemented successfully and did not gain acceptance. But when Bitcoin came to the market in 2009 and its acceptance gradually increased, where Bitcoin became very valuable as a secure, decentralized currency without any central authority. However, all the projects that were brought before Bitcoin were not successful, but later, the effective ones that may have had errors were managed properly and entered the Bitcoin market. Since Bitcoin came to the market, its acceptance has increased and people have trusted it by creating a usable network. However, in any case, if we are currently with a strong digital currency like Bitcoin, then our economic position will definitely be stronger in the future.

Because those prior to Bitcoin, they have a lot of flaws that's why it didn't gain acceptance. But there could be some people that understands that those kind of movement and it's inevitable. That's why they try to sharpen the predecessor of Bitcoin.

Until finally Satoshi understands everything and put everything into pieces. And the timing as well, I think we forget about this one. But when Satoshi released Bitcoin, the world is on a financial crisis to certain problems like housing bubble, Lehman brothers files for bankruptcy. So it was a chaos and when Bitcoin was released, some smart individuals that time knows what and how Bitcoin can transformed everything.

[Ishicryptic]

We still have would be investors today who have their ready funds waiting for that magical asset that will surface and they would be the first sets of investors that will get in before a massive adoption which would make them very rich when the value begins to skyrocket. This is also the reason why there are so many scam projects after Bitcoin because a lot of moneybags are waiting for the next Bitcoin replica that would make them richer, scammers also knows this and that is why they will hype their projects to gather victims whom they would scam. We should understand that the early Bitcoin adopters were taking risks them and that was why most of us didn't get into it, that is why whatever you are putting your money into you should make sure that you're using amounts that you are comfortable to lose because no new investments are a guarantee that they must be profitable in the future.

[JaanusRaim]

I do hope someone out there does exist and will come out and tell his story.

Same words.
It would be very interesting and useful to read his story (like all 100% original ideas).
An original loss is more interesting (and more profitable in the long run) than a victory born of a herd mentality. There is always a lot to learn from this.

If a pioneer loses, it is a victory.
If a pioneer wins, ...

[As-Soon-As]

Bitcoin is on the Moon, while all other cryptocurrencies remain under the influence of Earth's gravity. The price of Bitcoin is currently comparable to that of major stocks, and it does not even matter whether it grows by another order of magnitude or not. One thing is certain—Bitcoin has fulfilled all the dreams of its earliest investor (something other cryptocurrencies have not yet managed to do).
The only question is, when did this early bird discover the real Bitcoin? Was he RED OX (very unlikely), BLUE DRAGON, GREY COAT or PEIGE RAT*?
*The titles correspond to the various investor types proposed in my thread: "Different types of BTC (early) investors and their success rates" https://bitcointalk.org/index.php?topic=5586505.0

At that time, few people could be found to invest in Bitcoin who were willing to take risks, and they are now successful Bitcoin holders. But there is still an opportunity for you, if you want, you can invest in Bitcoin according to your ability. The price of Bitcoin is now at $65K, last year the price of Bitcoin touched $125K. Over time, it has decreased and an opportunity has been created to invest in Bitcoin, those who can take advantage of this opportunity can now also be successful.
Because now every person knows that Bitcoin is successful, due to which many people are now willing to invest in Bitcoin intentionally, in this situation, the more money you can hold in Bitcoin, the more profit you will have, but this is through long-term holding.
So if you have enough money, then you can definitely use your money properly, by investing in Bitcoin, you can also be successful like them according to your ability.

[Odogwu-Blockchain]

I do hope someone out there does exist and will come out and tell his story.

Same words.
It would be very interesting and useful to read his story (like all 100% original ideas).
An original loss is more interesting (and more profitable in the long run) than a victory born of a herd mentality. There is always a lot to learn from this.

If a pioneer loses, it is a victory.
If a pioneer wins, ...

It will be very interesting because it succeeded off pain, through many obstacles and bad names painted by media and government fighting it.

When such happens and those behind the scenes comes up to explain such story, the world going to listen, appluad and then credit the system more. But I doubt such could happen. These guys prefer to stay anonymous forever.

[Sonia_123]

Well for those investors still waiting for the price of bitcoin to be lowered before purchase are just wasting their time waiting for what you don't know not  if the price will come down to your own amount.

Investors should keep accumulating and holding as much as they want know until this period is over so that they will not regret it later. This year's dip has made it very easy for most investors to participate because long lasting dip gives room for more accumulation .

[JaanusRaim]

I do hope someone out there does exist and will come out and tell his story.

Same words.
It would be very interesting and useful to read his story (like all 100% original ideas).
An original loss is more interesting (and more profitable in the long run) than a victory born of a herd mentality. There is always a lot to learn from this.

If a pioneer loses, it is a victory.
If a pioneer wins, ...

It will be very interesting because it succeeded off pain, through many obstacles and bad names painted by media and government fighting it.

When such happens and those behind the scenes comes up to explain such story, the world going to listen, appluad and then credit the system more. But I doubt such could happen. These guys prefer to stay anonymous forever.

Bitcoin investor 2006 is a great role model for me. I am adopting his attitude and mindset.

[jcojci]

I guess most early investor discover Bitcoin by coincedence by reading the community group especially in the group that discuss about security or cryptography. In 2009 I guess I read about cryptography in one site but I never think about Bitcoin name and leave that until 2013-2015 Bitcoin comes to me.

Those who had Bitcoin even don't know if that is the right decision to have Bitcoin. Many of them leaves Bitcoin in their wallet and abandon until Bitcoin start rising and open their eyes. Bitcoin investor 2006 learned from the past and they see Bitcoin will be more popular in the future.

[Anthony Bill]

No season some Bitcoin investors don't regret or smile for the decision that favour them or not favour them. That 2006 was a big Season for those that know how this Bitcoin investment work for holders and investors because some where expecting double income from their investment while some where expecting low price before they will buy more of BTC to have opportunity to massive profits in the future, which some investors wish came to reality but some regret for the losses they experienced in that year, because that was not their wish.

[Out of mind]

Well for those investors still waiting for the price of bitcoin to be lowered before purchase are just wasting their time waiting for what you don't know not  if the price will come down to your own amount.

Investors should keep accumulating and holding as much as they want know until this period is over so that they will not regret it later. This year's dip has made it very easy for most investors to participate because long lasting dip gives room for more accumulation .

There are some investors who are still waiting for the market to drop further but we can see that the Bitcoin market has already fallen much further from the highest ATH. In that case, I think the best time to invest in the current market situation is now because it will not drop much more than this. It is foolish to wait for it. Investors have a lot of opportunity at this time because we are facing a very bearish market and if you buy from the market that has fallen, it will definitely be rewarded well. Since we are still looking for the best time to invest, I think this is the time, if some of them wait for it to drop further, then I think it is unusual. Now is a good time and opportunity to invest in Bitcoin and hold it because the market is in the position it is at right now, the possibility of loss is low if you buy from here. Those who plan to invest for the long term can buy from any situation and will not wait for the market to fall further.

[Publictalk792]

Thought experiment of imaginary investor who dreamed of Bitcoin before it came into existence is interesting one. But what is noticeable is that description was quite simple. Rare, computer based, starts near zero, grows enormously. No mention of shared control, anti blocking, set supply. Simply economic logic of digital scarcity. That is simplicity! Those who got in first were not necessarily the most advanced, they simply saw pattern and acted. For those who bought the BLUE DRAGON in 2010-2012, there was much of doubt to deal with. No ETFs, no big business support, exchanges being hacked on regular basis. That required different type of belief than buying today. Now that Bitcoin is in the same league as large market cap stocks, is there another generation of early buyers out there, or is there second act for Bitcoin itself?

[Su-asa]

That's right, mate, some people always grab an opportunity whenever they see it. As for Bitcoin, some people bought it earlier (a few days after the invention) because it's decentralised. Honestly, one simple thing that really makes sense to people is the fact that Bitcoin is decentralised; people grab it immediately like they had been waiting for it already even though they didn't know the name yet.

There are some investors who are still waiting for the market to drop further but we can see that the Bitcoin market has already fallen much further from the highest ATH. In that case, I think the best time to invest in the current market situation is now because it will not drop much more than this.

Actually, all investors are not the same; just as every other investor already has a strategy that they are comfortable with. So my point is that there are people who will wait for the price to go a bit lower before they start buying, and there are people who just use a DCA strategy to buy irrespective of the current price.

As for whether Bitcoin will drop much more than this, I don't really know, but one thing I'm more certain about is that Bitcoin will definitely surpass the highest ATH; it might take a while though.

[obuoma]

No season some Bitcoin investors don't regret or smile for the decision that favour them or not favour them. That 2006 was a big Season for those that know how this Bitcoin investment work for holders and investors because some where expecting double income from their investment while some where expecting low price before they will buy more of BTC to have opportunity to massive profits in the future, which some investors wish came to reality but some regret for the losses they experienced in that year, because that was not their wish.

This story of someone who dreamt of Bitcoin in 2006 would have made more sense if more details were given in terms of the follow:

• The name of the person
• If he was able to recognise his dreamt asset was Bitcoin when it was created
• What they did in 2009/2010 onward in terms of investing in Bitcoin
• If he still held unto his Bitcoin till now

I believe if the answers to the above were satisfactory,  such person would have been widely celebrated today as the man who dreamt about Bitcoin. 

[STT]

The only person who dreamt of a standard that was not just another centralised attempt was Satoshi, nobody else knew how to do it is a pretty good guess.    There were other attempts made and many thought about it roughly but these attempts were just bonus point schemes in the main and the binding to real value wasn't exactly there.  None of those was really close to the reality of BTC now but sure many thought about it but actual action is another deal altogether.

[yhiaali3]

Yes, Bitcoin has fulfilled all the dreams of its early investors, something that other coins have not been able to achieve so far because they were all imitations of Bitcoin and there was no unique project in all its features that differed from Bitcoin.

Some simple people still think that all new projects will have a Bitcoin-like story and that a coin could appear that creates a situation similar to Bitcoin, and they invest in emerging projects that claim to be the new Bitcoin and in the end they lose their money.

[laspol65]

The only person who dreamt of a standard that was not just another centralised attempt was Satoshi, nobody else knew how to do it is a pretty good guess.    There were other attempts made and many thought about it roughly but these attempts were just bonus point schemes in the main and the binding to real value wasn't exactly there.  None of those was really close to the reality of BTC now but sure many thought about it but actual action is another deal altogether.

Yes, many people invested in Bitcoin at that time, and many people ignored this Bitcoin investment. Those who were deprived of Bitcoin investment then regret now, why they failed to invest in Bitcoin or take risks. At that time, there were many opportunities, if you invested with a small amount of money, you would have been at the top of the most successful, but those who took risks and gave up their money are the ones who are successful today.
It is still necessary to follow the strategy to be successful in Bitcoin investment, still some people try to remain deprived of Bitcoin investment and they will spend their whole life in this failure because they are afraid of taking risks. Now if you can invest in Bitcoin according to your ability, then it will definitely be good for you. Because Satoshi created Bitcoin by pointing to the future.