3 years ago...let's reminisce

[MatTheCat]

What's your mother look like? I mean, 177 coins is a lot of money, but if she's in prime shape...

I can tell that you are a man of discerning tastes so for you, for a one time special offer of 150 BTC, I present to you, my dear old maw....

[600watt]

great example of a "win/win" situation...

[T.Stuart]

I can tell that you are a man of discerning tastes so for you, for a one time special offer of 150 BTC, I present to you, my dear old maw....

 

[oda.krell]

I can tell that you are a man of discerning tastes so for you, for a one time special offer of 150 BTC, I present to you, my dear old maw....

It worries me that reverse image search returns zero hits.

[MatTheCat]

I can tell that you are a man of discerning tastes so for you, for a one time special offer of 150 BTC, I present to you, my dear old maw....

It worries me that reverse image search returns zero hits.

Ok ok ok....

U drive a hard bargain sir!

100 BTC and that is my final offer!

[Gimmelfarb]

3 years ago.... damn. i found out about bitcoin in 2010, thought it was a cool idea and forgot about. then saw charts from 2011 and figured it was dead. didn't get around to taking it seriously until 2013....

[MaxwellsDemon]

Like many potential early adopters who never bothered to become actual early adopters, my story is filled with regret...

I heard about Bitcoin just after the 2011 bubble. At first I thought it was interesting, but I didn't really grasp the immense significance of it. I figured, hey, if I can print some money at home, why not? So I started GPU mining on-and-off on my PC, mostly when I wasn't using it. In a couple weeks of occasional mining, I made 0.5 BTC; this was August 2011 and the price was plummeting, so I quickly decided it wasn't worth the electricity and the trouble of turning it off when I wanted to watch a movie on my computer. So I stopped mining. Idiot.

Then I thought, never mind the chump change, this Bitcoin thing is kinda cool and there's a chance it will be worth a lot of money in the future. Why not buy a thousand dollars or so worth of BTC and keep it as a long-term speculative investment? I had a good feeling about Bitcoin and I wasn't turned off by the fact that it peaked at $30 and then crashed. I was this close to buying a couple hundred BTC at about $5. But then I discovered that the only real way of doing that is wiring money to Japan, and at the time that required that I physically go to the bank. I was waaaay too lazy for that. So I figured, meh, I'll do it some other time. And then I forgot about the whole thing until late 2012. Idiot.

Fast forward to December 2012. Price rising. I'm getting really excited. One cautious voice in my head says "$12 for a piece of virtual geek money is really expensive!". But it's drowned out by the other voice that says "This is going to be HUGE! Buy now!". But then that voice is drowned out by an even more powerful voice, that says "Still no good exchange in my area, have to wire money to Japan. Too lazy. Will definitely do it next week". And so I only really start buying on March 2013, at over $100. Don't get me wrong, I'm glad that I finally did, but I could have done it so much earlier... Idiot.

Now, do you see the terrible, vicious irony of it all? All this time I was too lazy to go to the bank and wire money to Japan, it never really occurred to me that this is exactly the sort of banking difficulty Bitcoin could easily solve. If only I had realized that Bitcoin was the solution to the problem that was keeping me from buying Bitcoin, I would have DEFINITELY bought Bitcoin. Oh, cruel fate.

[ElectricMucus]

Initially I thought that Bitcoin is pretty cool, you can check my posting history if you'd like. I even mined some.
Then I got to know how pathologically anti-social this community is, and sociopaths like Bruce Wagner get a free roam until they do their thing. I only started to really realize how stupid this community really is after pirateat40s ponzi scheme. (I posted "Smells like a typical HYIP scam." right after his OP, which I'm sure every idiot who gave him money had to see.)
Other realisations came to view, the amount of coins owned by satoshi, a design flaw concerning a missing incentive to relay transactions after the next few block reward reductions and the difficulty adjustment controller. Only a fraction on people using Bitcoin know these things and you don't find out unless you look.

I could go on but I have better things to do. (like laughing at the next clusterfuck)
To present day I still think Bitcoin is stupid, I'm not saying that won't change but I can't see any reason on the horizon as yet.

[ErisDiscordia]

If only I had realized that Bitcoin was the solution to the problem that was keeping me from buying Bitcoin, I would have DEFINITELY bought Bitcoin. Oh, cruel fate.

This is just wonderful 

My story doesn't go as far back as 2011 and isn't very interesting either:

I found out about Bitcoin in late 2012 and as someone being interested in economics I started doing research. I decided that this is really amazing technology and I need to buy some. The price was 13$/BTC. I was just about to leave for a month long trip so I postponed my buying until my return. I came back to a price of 26$. Quickly bought in with an amount of money I was willing to lose totally (about 5% of my liquid net worth). Been hodling ever since. The end.

[Raystonn]

Other realisations came to view, the amount of coins owned by satoshi, a design flaw concerning a missing incentive to relay transactions after the next few block reward reductions and the difficulty adjustment controller.

The coins owned by Satoshi aren't very relevant to the long-term health of Bitcoin.  The Fed's infinite supply is an infinitely worse problem with the U.S. Dollar.

Once mining is complete, very far down the road, transactions will include transaction fees.  Fees sufficient to ensure transactions are added to the blockchain will naturally be selected by clients.  At that point the transaction fees will become a floating market to be negotiated between clients and miners.  Not a real problem.

[Miz4r]

Initially I thought that Bitcoin is pretty cool, you can check my posting history if you'd like. I even mined some.
Then I got to know how pathologically anti-social this community is, and sociopaths like Bruce Wagner get a free roam until they do their thing. I only started to really realize how stupid this community really is after pirateat40s ponzi scheme. (I posted "Smells like a typical HYIP scam." right after his OP, which I'm sure every idiot who gave him money had to see.)
Other realisations came to view, the amount of coins owned by satoshi, a design flaw concerning a missing incentive to relay transactions after the next few block reward reductions and the difficulty adjustment controller. Only a fraction on people using Bitcoin know these things and you don't find out unless you look.

I could go on but I have better things to do. (like laughing at the next clusterfuck)
To present day I still think Bitcoin is stupid, I'm not saying that won't change but I can't see any reason on the horizon as yet.

So you see some bad apples and you conclude the entire bunch of them are rotten? And the entire reason you're still here is to wait until something bad happens so you can point and laugh at the community? How ironic that you call us anti-social.

[600watt]

Initially I thought that Bitcoin is pretty cool, you can check my posting history if you'd like. I even mined some.
Then I got to know how pathologically anti-social this community is, and sociopaths like Bruce Wagner get a free roam until they do their thing. I only started to really realize how stupid this community really is after pirateat40s ponzi scheme. (I posted "Smells like a typical HYIP scam." right after his OP, which I'm sure every idiot who gave him money had to see.)
Other realisations came to view, the amount of coins owned by satoshi, a design flaw concerning a missing incentive to relay transactions after the next few block reward reductions and the difficulty adjustment controller. Only a fraction on people using Bitcoin know these things and you don't find out unless you look.

I could go on but I have better things to do. (like laughing at the next clusterfuck)
To present day I still think Bitcoin is stupid, I'm not saying that won't change but I can't see any reason on the horizon as yet.

but why do you think it is so interesting? there are lots of things that i think are stupid, but i wouldn't waste time on those.

[Soros Shorts]

Three years and 2 months ago my $99 HD 5830 GPUs were mining 3 BTC a day each. I was so cheap that I only bought 8 cards.

[proudhon]

Three years and 2 months ago my $99 HD 5830 GPUs were mining 3 BTC a day each. I was so cheap that I only bought 8 cards.

About 3 years ago I had been mining for a couple of months with a single 6990.  I OC'd the crap out of that thing to get it up around 900 MH/s.  We lived in a pretty small house at the time and just that one miner raised the temperature of our house by at least 10 degrees.  By July/August, with temps outside in the upper 90s to the low hundreds and with no central air, it was pretty miserable.  My wife definitely deserves a lot of credit for putting up with that through the summer.

[piramida]

Initially I thought that Bitcoin is pretty cool, you can check my posting history if you'd like. I even mined some.
Then I got to know how pathologically anti-social this community is, and sociopaths like Bruce Wagner get a free roam until they do their thing. I only started to really realize how stupid this community really is after pirateat40s ponzi scheme. (I posted "Smells like a typical HYIP scam." right after his OP, which I'm sure every idiot who gave him money had to see.)
Other realisations came to view, the amount of coins owned by satoshi, a design flaw concerning a missing incentive to relay transactions after the next few block reward reductions and the difficulty adjustment controller. Only a fraction on people using Bitcoin know these things and you don't find out unless you look.

I could go on but I have better things to do. (like laughing at the next clusterfuck)
To present day I still think Bitcoin is stupid, I'm not saying that won't change but I can't see any reason on the horizon as yet.

but why do you think it is so interesting? there are lots of things that i think are stupid, but i wouldn't waste time on those.

honestly Mucus, you are angry at bitcoin instead of yourself. like how could such a stupid thing make stupid people so much money while I, the only smart guy who understands how stupid this whole idea is, do not get to profit from my understanding. right?

[wachtwoord]

So, almost exactly 3 years ago a lot of us were euphorically watching as bitcoin blew through the $20 range and into the $30s.  Not long after reaching nearly $33, there was a series of relatively large sell-offs into pretty thin bids, and that ultimately bottomed out around $10.

The price "recovered" to around $17 and then we were all epically goxxed with an insane hackcrash from $17 to, basically, $0.  It was gut-wrenching.  I was on my way to the gym when it happened and casually opened the price app on my phone to see the price was under $10.  I was a little disturbed, but it's bitcoin.  At another stop light I checked again and the price was under $5.  That's when I called my wife and frantically attempted to explain to her how to log on to MtGox and put in a sell order...by the time she logged in the price was $0.25 and I said, "well, shit, it's pretty much all gone..."

Share your story.

Proudhon - Bitcoin is a bubble https://www.youtube.com/watch?v=A7TuFy0fcuw

[T.Stuart]

3 years ago.... damn. i found out about bitcoin in 2010, thought it was a cool idea and forgot about. then saw charts from 2011 and figured it was dead. didn't get around to taking it seriously until 2013....

Exactly the same... apart from the fact that after beginning to take it seriously (putting a very small amount of money in) for a few days in April 2013 I went on holiday and forgot about it until it was too late at Christmas! 

[seleme]

Heard about it in 2011 bubble. Registered here back then.Unfortunately I had utter crappy PC back then and couldn't mine and was pretty broke to buy anything significant. I'd probably buy 5-10 back then though but it was pretty hard to move money into it, I registered at Gox but since I couldn't send money with Paypal, I haven't bought anything. Few months later something reminded me about btc so I went to Gox and saw price at 3-4$. I thought this is dead and moved on.

Bought my first coins on March 27th, 2013. 7-8 of them for less than 1000$. Had an amazing run since then, some wonderful alts and fees trades that netted me hundreds of btc profit and I just need one step, one bubble or one great alt trade (or preferably both, lol) to really make it and never to have financial problems in my life again. Hopefully, that step will come and I won't make some mistake to cancel all good things I've done in last 14 months, but anyway it's by mile the best business thing that happened in my life.

[ElectricMucus]

Initially I thought that Bitcoin is pretty cool, you can check my posting history if you'd like. I even mined some.
Then I got to know how pathologically anti-social this community is, and sociopaths like Bruce Wagner get a free roam until they do their thing. I only started to really realize how stupid this community really is after pirateat40s ponzi scheme. (I posted "Smells like a typical HYIP scam." right after his OP, which I'm sure every idiot who gave him money had to see.)
Other realisations came to view, the amount of coins owned by satoshi, a design flaw concerning a missing incentive to relay transactions after the next few block reward reductions and the difficulty adjustment controller. Only a fraction on people using Bitcoin know these things and you don't find out unless you look.

I could go on but I have better things to do. (like laughing at the next clusterfuck)
To present day I still think Bitcoin is stupid, I'm not saying that won't change but I can't see any reason on the horizon as yet.

but why do you think it is so interesting? there are lots of things that i think are stupid, but i wouldn't waste time on those.

honestly Mucus, you are angry at bitcoin instead of yourself. like how could such a stupid thing make stupid people so much money while I, the only smart guy who understands how stupid this whole idea is, do not get to profit from my understanding. right?

I'm not angry, to the contrary now I'm quite amused. I mean GOX's missing gazillions and the willy bots activity basically matching that amount with a real, impossible to be fixed exploit as a scapegoat. Priceless!

[smoothie]

Three years and 2 months ago my $99 HD 5830 GPUs were mining 3 BTC a day each. I was so cheap that I only bought 8 cards.

About 3 years ago I had been mining for a couple of months with a single 6990.  I OC'd the crap out of that thing to get it up around 900 MH/s.  We lived in a pretty small house at the time and just that one miner raised the temperature of our house by at least 10 degrees.  By July/August, with temps outside in the upper 90s to the low hundreds and with no central air, it was pretty miserable.  My wife definitely deserves a lot of credit for putting up with that through the summer.

About a little over 3 years ago I was running TWO 6990s and NINE 6950s.

And yes it got hot in my home. My wife put up with it as well. Glad for that!