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Author Topic: 3 years ago...let's reminisce  (Read 12034 times)
MatTheCat
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June 06, 2014, 07:46:13 PM
 #21

Around 2 years ago. I said to my mates and anyone else who would listen:

Me: "You know what, I am going to sink £1000 into Bitcoin as a wildcard investment and this time not blow it all on Silk Road, but hold them as I really think that this Bitcoin could have some potential 5-10 years down the line. But I am not going to buy now (October 2012), because Bitcoin has gotten way too expensive. I don't like to pay any more than $5 for my Bitcoins don't you know and they are currently trading at almost $10! This is because the growth of of Silk Road, as everyone loads up on drugs for the festival season, and then again for winter festive season their has been a high demand for Bitcoin. I am going to wait until Jan 2013, when the price is going to sink back down a bit just like it did in Jan 2012 when all the drug buying was done and the vendors were all cashing out."

My Mate: "Maybe you should just buy them now if you have the money. Who knows, the price may not come back down. Maybe Bitcoin will just explode to $100 or something?"

Me: "Naw, don't be so silly. Bitcoin price is driven by Silk Road. The price will come down when the drug buying dies down a bit after the New Year"


Me to my younger brother circa Feb 2013:

Ricky: "Hey Matty, Matty, ken those Bitcoins you are always going on aboot, they have just hit $30! Could you buy me some!?"

Me: "Keep away from Bitcoin bro, it is in a bubble! 1 BTC being worth 1 Oz of Silver is just totally unrealistic! It will crash and go back to $2 next week."



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Bitfinex victims. DO NOT TOUCH THE BFX TOKEN! Start moving it around, or trading it, and you will be construed as having accepted it as an alternative means of payment to your USD, BTC, etc.
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CoinDiver
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June 06, 2014, 08:05:08 PM
 #22

A year ago, you would have had 100 answers by now. The forum is full of jobless socialists now. I much prefered the days of jobless anarchists. DAMN ALT COINS!

Myself, I was 8 months from hearing about bitcoin. Bought my first btc at $5.50... and a few more in the $4 range before the price JUMPED on 4/20 that year.

You joined in summer 2012 and are talking about the good old days of this forum? Hahaha. Cute!

Jobless I assume?

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TwinWinNerD
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June 06, 2014, 08:06:16 PM
 #23

A year ago, you would have had 100 answers by now. The forum is full of jobless socialists now. I much prefered the days of jobless anarchists. DAMN ALT COINS!

Myself, I was 8 months from hearing about bitcoin. Bought my first btc at $5.50... and a few more in the $4 range before the price JUMPED on 4/20 that year.

You joined in summer 2012 and are talking about the good old days of this forum? Hahaha. Cute!

Jobless I assume?

Jumping to conclusions much?

CoinDiver
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June 06, 2014, 08:13:57 PM
 #24

A year ago, you would have had 100 answers by now. The forum is full of jobless socialists now. I much prefered the days of jobless anarchists. DAMN ALT COINS!

Myself, I was 8 months from hearing about bitcoin. Bought my first btc at $5.50... and a few more in the $4 range before the price JUMPED on 4/20 that year.

You joined in summer 2012 and are talking about the good old days of this forum? Hahaha. Cute!

Jobless I assume?

Jumping to conclusions much?

Just trying to figure out what part of my post you got butthurt about. Still didn't answer the question.

http://mises.org/daily/3229
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feina24h
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June 06, 2014, 08:18:32 PM
 #25

at that time i wasnt aware of Bitcoin  Roll Eyes completely missed it.

Fair Launch, No Premine and Active Devs = Logicoin
TwinWinNerD
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June 06, 2014, 08:20:38 PM
 #26

A year ago, you would have had 100 answers by now. The forum is full of jobless socialists now. I much prefered the days of jobless anarchists. DAMN ALT COINS!

Myself, I was 8 months from hearing about bitcoin. Bought my first btc at $5.50... and a few more in the $4 range before the price JUMPED on 4/20 that year.

You joined in summer 2012 and are talking about the good old days of this forum? Hahaha. Cute!

Jobless I assume?

Jumping to conclusions much?

Just trying to figure out what part of my post you got butthurt about. Still didn't answer the question.

You compare the forum of your joining to today and talk about like you are some kind of veteran, but you only joined in 2012 summer... That is like on 4chan if a summerfag calls a newfag "newfag".


picolo
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June 06, 2014, 08:23:20 PM
 #27

A year ago, you would have had 100 answers by now. The forum is full of jobless socialists now. I much prefered the days of jobless anarchists. DAMN ALT COINS!

Myself, I was 8 months from hearing about bitcoin. Bought my first btc at $5.50... and a few more in the $4 range before the price JUMPED on 4/20 that year.

You joined in summer 2012 and are talking about the good old days of this forum? Hahaha. Cute!

Jobless I assume?

Jumping to conclusions much?

Just trying to figure out what part of my post you got butthurt about. Still didn't answer the question.

You compare the forum of your joining to today and talk about like you are some kind of veteran, but you only joined in 2012 summer... That is like on 4chan if a summerfag calls a newfag "newfag".



Summer 2012 is getting kind of early in Bitcoin, he may have been interested by Bitcoin before joining
TwinWinNerD
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June 06, 2014, 08:27:27 PM
 #28

A year ago, you would have had 100 answers by now. The forum is full of jobless socialists now. I much prefered the days of jobless anarchists. DAMN ALT COINS!

Myself, I was 8 months from hearing about bitcoin. Bought my first btc at $5.50... and a few more in the $4 range before the price JUMPED on 4/20 that year.

You joined in summer 2012 and are talking about the good old days of this forum? Hahaha. Cute!

Jobless I assume?

Jumping to conclusions much?

Just trying to figure out what part of my post you got butthurt about. Still didn't answer the question.

You compare the forum of your joining to today and talk about like you are some kind of veteran, but you only joined in 2012 summer... That is like on 4chan if a summerfag calls a newfag "newfag".



Summer 2012 is getting kind of early in Bitcoin, he may have been interested by Bitcoin before joining

In relative terms, it absolutely is. But remember Bitcoin was 3.5 years old at the point he joined and even if the forum was different at that time, it was nothing compared to the 2010/2011 times where the forum was used to get projects and developement going.

2012 (and obviously today) it is/was a platform to promote scams, fud, altcoins and HYIPs...

Melbustus
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June 06, 2014, 08:32:07 PM
 #29

...
In relative terms, it absolutely is. But remember Bitcoin was 3.5 years old at the point he joined and even if the forum was different at that time, it was nothing compared to the 2010/2011 times where the forum was used to get projects and developement going.

2012 (and obviously today) it is/was a platform to promote scams, fud, altcoins and HYIPs...


2011 was pretty scammy too. It actually cleaned up a bit in the latter half of 2012 (pirate notwithstanding).

Gotta go back to 2010 for things to have been mostly pure.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
Melbustus
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June 06, 2014, 08:32:51 PM
 #30

...

Summer 2012 is getting kind of early in Bitcoin...


So is summer 2014.


Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
bitrider
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June 06, 2014, 08:38:57 PM
Merited by vapourminer (1)
 #31

Again Mat, you just keep making me laugh!! Thank you.

3 Years ago I was feeling the pain and frustration with moving money around, all the post 9/11 KYC and AML and the horror of the 2008 collapse. Starting to see and take seriously what was really happening. Saying to myself - like a crazy person's mantra - "there has to be a better way, there has to be a better way.............."

2011 bubble had just crashed and I heard about Bitcoin for the first time. Lighting struck !! Answered all my questions and the white paper blew my mind. Bought $235 worth of btc just to start playing with it. I was amazed, and had that feeling - like " this is it"

Having run into lots of multi-level scams in my life, I immediately looked for real people to talk to and see if this was for real. Went to the first (I believe) conference in NYC (summer 2011), run by this nut job named Bruce Wagner (turned out to be a nut job). Anyway met great people (talked to Gavin - his integrity, and humility is what really sold me on the heart of bitcoin)...and from then on started making small buys on Gox. I told nobody about this - not even my closest friends and family (my brother is still a little pissed I did not tell him about this back then)...

For me the 2013 spring bubble came out of nowhere and rocked my world. I was not prepared for all the growth and did not yet understand the market very well. Freaked me out. I remember sitting in front of my computer the night we were bottoming with my finger on the sell button. I talked myself into selling that night. And I swear as soon as I sold, the market started taking off and cruised all the way up to $100. Sold way too much at the $50 bottom post bubble. worst decisions ever. Cry  On top of that I had major funds get stuck at a defunct exchange - which I actually ended up recovering 100%, by the grace of God and some high integrity heros. I was ultimately able to buy back in to recover much of my position ... "but you don't understand.. I could have been a contender!"

Since then I just dove deeper and deeper, into the tech and economics - and have been amazed at how far we have come so fast. It has been an incredible ride. Aaamazing Shocked

Today seeing bitcoin discussed on CNBC and Bloomberg and hearing CEO of serious companies talk as if this is inevitable still blows my mind and makes me shake my head in wonder.

Since early 2013, This forum has educated me, inspired me, pissed me off and guided me throughout this time, and I am deeply grateful it was here and particularly to a few key players on this board who have shared wisdom generously and consistently.
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June 06, 2014, 08:40:25 PM
 #32

...
In relative terms, it absolutely is. But remember Bitcoin was 3.5 years old at the point he joined and even if the forum was different at that time, it was nothing compared to the 2010/2011 times where the forum was used to get projects and developement going.

2012 (and obviously today) it is/was a platform to promote scams, fud, altcoins and HYIPs...


2011 was pretty scammy too. It actually cleaned up a bit in the latter half of 2012 (pirate notwithstanding).

Gotta go back to 2010 for things to have been mostly pure.

Yes, but what are few scams compared to majority of announcements being scams Wink

600watt
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June 06, 2014, 08:45:51 PM
 #33

Again Mat, you just keep making me laugh!! Thank you.

3 Years ago I was feeling the pain and frustration with moving money around, all the post 9/11 KYC and AML and the horror of the 2008 collapse. Starting to see and take seriously what was really happening. Saying to myself - like a crazy person's mantra - "there has to be a better way, there has to be a better way.............."

2011 bubble had just crashed and I heard about Bitcoin for the first time. Lighting struck !! Answered all my questions and the white paper blew my mind. Bought $235 worth of btc just to start playing with it. I was amazed, and had that feeling - like " this is it"

Having run into lots of multi-level scams in my life, I immediately looked for real people to talk to and see if this was for real. Went to the first (I believe) conference in NYC (summer 2011), run by this nut job named Bruce Wagner (turned out to be a nut job). Anyway met great people (talked to Gavin - his integrity, and humility is what really sold me on the heart of bitcoin)...and from then on started making small buys on Gox. I told nobody about this - not even my closest friends and family (my brother is still a little pissed I did not tell him about this back then)...

For me the 2013 spring bubble came out of nowhere and rocked my world. I was not prepared for all the growth and did not yet understand the market very well. Freaked me out. I remember sitting in front of my computer the night we were bottoming with my finger on the sell button. I talked myself into selling that night. And I swear as soon as I sold, the market started taking off and cruised all the way up to $100. Sold way too much at the $50 bottom post bubble. worst decisions ever. Cry  On top of that I had major funds get stuck at a defunct exchange - which I actually ended up recovering 100%, by the grace of God and some high integrity heros. I was ultimately able to buy back in to recover much of my position ... "but you don't understand.. I could have been a contender!"

Since then I just dove deeper and deeper, into the tech and economics - and have been amazed at how far we have come so fast. It has been an incredible ride. Aaamazing Shocked

Today seeing bitcoin discussed on CNBC and Bloomberg and hearing CEO of serious companies talk as if this is inevitable still blows my mind and makes me shake my head in wonder.

Since early 2013, This forum has educated me, inspired me, pissed me off and guided me throughout this time, and I am deeply grateful it was here and particularly to a few key players on this board who have shared wisdom generously and consistently.

well stated. that's the spirit!
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June 06, 2014, 08:47:16 PM
 #34

2011-2012 When Coinabul scammed me for .21BTC (Worth $10 at the time. Not related to their gold trade.), Bitcoin crashed, lost my main wallet password, and pretty much everything that was bad happened. And in 2013, I got phished. Happy years, huh?
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June 06, 2014, 09:04:14 PM
 #35

...

Bought $235 worth of btc just to start playing with it. I was amazed, and had that feeling - like " this is it"
...



Yeah, I can relate. After wrangling with my bank and dwolla for a couple weeks to get my first pittance into an exchange, it was simply a *very* liberating feeling to be able to near-instantly zip bitcoins around the bitconomy once I actually had some. Effortlessly shipping them around between a couple local wallets, web wallet, various services was incredible. I think I emailed my father right then saying "THIS is how money should work!". True believer ever since.

I still say that most adamant bitcoin naysayers have probably never even bothered to use it.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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June 06, 2014, 09:12:31 PM
Last edit: June 06, 2014, 09:27:23 PM by interlagos
 #36

3 years ago I heard about Bitcoin for the first time, but I got into it quite a bit later.

What puzzles me though, is that exactly 3 years ago Bitcoin ended its bear run after reaching 1 dollar parity, it was a second wave before the big bang to 32$. If you look at the logarithmic all time graph in the present (http://blockchained.com), then you'll see the end of the bear run after reaching 1k$ parity and the preparation for the next big bang. Like 3 years ago it was a second wave and the shapes are quite similar, only stretched along the time axis.

History repeats itself. Time fractals anyone? Smiley
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June 06, 2014, 09:35:50 PM
 #37

2011 was pretty scammy too. It actually cleaned up a bit in the latter half of 2012 (pirate notwithstanding).

Gotta go back to 2010 for things to have been mostly pure.

SHHHHH! Don't tell him that! He might realize there were people here before himself!

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June 06, 2014, 10:01:44 PM
 #38

3 years ago... I did nothing BTC-wise, as I recall. I was still in risk-taking mode, and the risks in terms of initial investment were negligible. Easy come, easy go.

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June 06, 2014, 10:17:26 PM
 #39

2011 was pretty scammy too. It actually cleaned up a bit in the latter half of 2012 (pirate notwithstanding).

Gotta go back to 2010 for things to have been mostly pure.

SHHHHH! Don't tell him that! He might realize there were people here before himself!

SHHHHH maybe he knows already but doesn't make a clown of himself like you do! SHHHHH

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June 06, 2014, 10:31:37 PM
 #40

3 yrs ago, you were trolling Bitcoin hard, just like you do now. Wink

I see no trolling in OP post, but some folks haven't forgot that you were shilling for HashFail too which is now bankrupt. So I think that you are worse than OP.

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