Bizmark13
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July 17, 2014, 10:52:23 AM |
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After the first big crash in 2011 (after reaching the ridiculous peak of $32), the death of bitcoin was declared and many people sold their bitcoins in the following months at a loss somewhere around $2-5. Since I saw the whole thing as a donation, I never bothered to sell mine. I was never really involved in the Bitcoin community back then but I knew about it from a forum I used to frequent and would read articles about it from time to time. I remember watching the price spike to $32 and then crash to $3 and I felt relieved because I had considered buying a couple coins (even going so far as to making an account at Mt. Gox) but I was too lazy to actually go through with it. I remember reading threads here where people were crying over their lost wealth. The atmosphere of the forums just after the 2011 crash was really bleak and hopeless and many people thought the project had failed. Once Wired published an article called "The Rise and Fall of Bitcoin", I thought the whole thing was dead so I lost interest. Never would I have imagined that I'd be back here in three years, buying up fractions of a bitcoin at $500 per coin.
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BitCoinDream
Legendary
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Activity: 2394
Merit: 1216
The revolution will be digital
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July 17, 2014, 10:55:52 AM |
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I was just looking and wondering at these pics... How do they manage ? added a couple more. My goodness... if a problem takes place, it would be next to impossible to detect !!!
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dimfot
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July 17, 2014, 12:22:58 PM |
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oh man you are a hero that you worked there and saved all this money for the company.. i would suggest them to burn down the facility and take the insurance.
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Beliathon
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July 17, 2014, 12:51:33 PM |
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As a former IT guy, those pictures made me want to gouge out my eyes and eat them.You should also know that you have NOT missed the bus, it has not even left the station yet, let alone reached the shuttle that will take you beyond the stratosphere and up into the cold black of space.
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giveBTCpls
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July 17, 2014, 01:20:41 PM |
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Well, I heard it in 2010 and I didn't buy because it was always linked to criminal activities. Then I realized when it exploded that it had a legitimate use. My life has never been the same since. Depression hit hard. Never had 1 BTC yet
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giveBTCpls
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July 17, 2014, 01:22:51 PM |
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As a former IT guy, those pictures made me want to gouge out my eyes and eat them.You should also know that you have NOT missed the bus, it has not even left the station yet, let alone reached the shuttle that will take you beyond the stratosphere and up into the cold black of space. No, we've missed the bus. Not missing the bus = making 1 million cash at least. He'll never make a million of purchasing power with that few BTC (whatever the equivalent with fiat is in the future is irrelevant, im talking, the purchasing power of 1 million dollar now being the equivalent in the future of 6.5 BTC), let alone people like me, that don't even have 1. The ridiculous % of price increase has already happened. For us to get legit gains BTC would need to go 100K at least.
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Beliathon
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July 17, 2014, 01:23:07 PM |
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Well, I heard it in 2010 and I didn't buy because it was always linked to criminal activities. Then I realized when it exploded that it had a legitimate use. My life has never been the same since. Depression hit hard. Never had 1 BTC yet Welcome to capitalism, enjoy your financial and spiritual poverty. No sane capitalist will give you free wealth in exchange for nothing, myself included. Sorry about that.
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chopstick
Legendary
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Activity: 992
Merit: 1000
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July 17, 2014, 03:15:59 PM |
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Doesn't matter. In the future All you will need is like 10 bitcoins to have a cool million bucks. Are you content with a million? Im hoping I can get at-least 20 BTC by the time mainstream adoption takes off.
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Minecache
Legendary
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Activity: 2366
Merit: 1024
Vave.com - Crypto Casino
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July 17, 2014, 03:55:04 PM |
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Doesn't matter. In the future All you will need is like 10 bitcoins to have a cool million bucks. Are you content with a million? Im hoping I can get at-least 20 BTC by the time mainstream adoption takes off.
My personal target is to try to get to holding 1 millionth of the total of all mined bitcoins. With 13 million already out there I'm very far short of holding 13 so far.
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hellscabane
Legendary
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Activity: 896
Merit: 1000
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July 17, 2014, 04:49:02 PM |
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Doesn't matter. In the future All you will need is like 10 bitcoins to have a cool million bucks. Are you content with a million? Im hoping I can get at-least 20 BTC by the time mainstream adoption takes off.
My personal target is to try to get to holding 1 millionth of the total of all mined bitcoins. With 13 million already out there I'm very far short of holding 13 so far. Heck, at least you have a goal in mind. That's better than a lot of others out there. Especially at the point when bitcoin becomes the de facto transactor. 1 millionth of any major currency is definitely a substantial amount of money.
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GogglesPisano
Member
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Activity: 68
Merit: 10
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July 17, 2014, 04:53:43 PM |
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I think it is still to early to say that the proverbial bus has been missed as there are all sorts of new technologies coming out (eMunie, Etherium, Maidsafe, blockchain tech) that may take off even more than Bitcoin! The cryptocurrency revolution is only starting (many make an analogy to the 1996 Internet before things really went mainstream).
The best bet now is to keep up with the trends and try to look ahead to where things are going. My bet is on these next-gen cryptos that will lead to more and more decentralization (and more and more privacy).
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Joe_Bauers
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July 17, 2014, 04:58:08 PM |
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The moral of your story is, don't go to work for AOL
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slaveforanunnak1 (OP)
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July 17, 2014, 04:58:48 PM |
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oh man you are a hero that you worked there and saved all this money for the company.. i would suggest them to burn down the facility and take the insurance.
we managed to get out of there! it was not fixable. You simply had to move out. https://vimeo.com/100954553
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slaveforanunnak1 (OP)
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July 17, 2014, 05:01:23 PM |
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The moral of your story is, don't go to work for AOL AHHAHA nope! It was not at AOL>
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Joe_Bauers
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July 17, 2014, 05:13:58 PM |
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Good. No use in turning this into a course on social engineering I know what company it is now anyways... Though I am not telling.
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Minecache
Legendary
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Activity: 2366
Merit: 1024
Vave.com - Crypto Casino
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July 17, 2014, 06:11:14 PM |
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Good. No use in turning this into a course on social engineering I know what company it is now anyways... Though I am not telling. It was obvious it was Yahoo! from the start.
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