2011

[silversmith]

.

[Baitty]

Don't you regret that now? I tend to never really listen to someone elses theory unless they actually have experience in that subject. He could of cost you a lot of money because you listened to him.

[kerafym]

You made your own decision. Can't blame other people viewpoint for your own mistake.

[slaveforanunnak1]

he said the same thing on the Joe Rogan show
any roganites here? Train all day...

[Baitty]

You made your own decision. Can't blame other people viewpoint for your own mistake.

I learned that the hard way a few years ago and ever since have been making my own decisions unless someone has more knowledge that me in a certain subject.

[counter]

Yeah some precious metal gurus like Peter have the idea the because you can't hold BTC you will be up shit's creek without a paddle when shit hits the fan.  It is a good argument if you think we are heading towards a severely catastrophic event where the internet is not available.  I don't think that will be the case it just seems counter productive in one way or another for everyone on the planet to shut down the internet.

I could make the similar arguments of gold being over priced or a bubble.  Point is they both bring significant value to those that poses it.  Also I've always just felt gold bugs spend a lot of time educating people of the value of gold so the price would in turn go up and Bitcoin in some ways could take away some potential investors.  I however think it leads to more educated people in the market who will then be attracted to gold but who knows.

[DjPxH]

I use to listen to the Peter Schiff show all the time. I bought gold because I believed in his theories. Gold hasn't done much. But he was dead wrong about bitcoin. In 2011, I learned about bitcoin from callers on his show. I looked into it and thought is was interesting didn't buy any at the time because he said it was a bubble and wouldn't last. If only I would have bought bitcoins in 2011 instead of gold I would be rich, rich, rich. A couple months ago I sold the gold and bought bitcoins. We'll see what the future brings. I don't listen to Peter Schiff anymore.

If it makes you feel better: You may very well just have ended up losing your Bitcoins to some scam or sold them prematurely during an earlier bubble only to re-buy at a higher price. You don't know if you'd still have all those Bitcoins that you'd have bought back in 2011!

[counter]

I use to listen to the Peter Schiff show all the time. I bought gold because I believed in his theories. Gold hasn't done much. But he was dead wrong about bitcoin. In 2011, I learned about bitcoin from callers on his show. I looked into it and thought is was interesting didn't buy any at the time because he said it was a bubble and wouldn't last. If only I would have bought bitcoins in 2011 instead of gold I would be rich, rich, rich. A couple months ago I sold the gold and bought bitcoins. We'll see what the future brings. I don't listen to Peter Schiff anymore.

If it makes you feel better: You may very well just have ended up losing your Bitcoins to some scam or sold them prematurely during an earlier bubble only to re-buy at a higher price. You don't know if you'd still have all those Bitcoins that you'd have bought back in 2011!

So true even though I'm sure he'd much rather have bought back in 2011.  We all make mistakes don't let it eat you up I say.  In my case I'm holding a grudge to the person that owed me money I was going to use on BTC.  But as you suggested who really knows what would have happened after the fact.  Even though I'm like 99.9% sure I would have held a couple coins at least for the long haul.

[Gleb Gamow]

I use to listen to the Peter Schiff show all the time. I bought gold because I believed in his theories. Gold hasn't done much. But he was dead wrong about bitcoin. In 2011, I learned about bitcoin from callers on his show. I looked into it and thought is was interesting didn't buy any at the time because he said it was a bubble and wouldn't last. If only I would have bought bitcoins in 2011 instead of gold I would be rich, rich, rich. A couple months ago I sold the gold and bought bitcoins. We'll see what the future brings. I don't listen to Peter Schiff anymore.

It could be worse~ Imagine if you listened to his dad and decided to not pay taxes because the government is fleecing you through some big con.

[OROBTC]

...

Who among us newbies does NOT regret buying BTC in 2011?  I have always been bad about predicting the future (esp. short-term).

Diversification is great way to invest!  I now own some BTC (my average buy-in cost may be around $650, I would have to run the numbers), but I own gold as well.

Gold and BTC complement each other!

Holding stocks, some real estate and other legit investments is ideal (when possible), you are more likely to participate in an upside move, and have much less dangerous downside concentration risk.

[BitProdigy]

I use to listen to the Peter Schiff show all the time. I bought gold because I believed in his theories. Gold hasn't done much. But he was dead wrong about bitcoin. In 2011, I learned about bitcoin from callers on his show. I looked into it and thought is was interesting didn't buy any at the time because he said it was a bubble and wouldn't last. If only I would have bought bitcoins in 2011 instead of gold I would be rich, rich, rich. A couple months ago I sold the gold and bought bitcoins. We'll see what the future brings. I don't listen to Peter Schiff anymore.

^^^ This guy has a good head on his shoulders.

[Bit_Happy]

Did I read somewhere Peter Schiff is now accepting BTC for at least one of his funds?
@silversmith Sorry you took his advice at the wrong time, even the best "experts" are going to be incorrect part of the time.

[Cicero2.0]

I don't think about it too much. I didn't understand it then and would probably have panic sold or been scammed. I am a firm holder now and will be until it is wide spread enough to use for every day things.

[counter]

Did I read somewhere Peter Schiff is now accepting BTC for at least one of his funds?
@silversmith Sorry you took his advice at the wrong time, even the best "experts" are going to be incorrect part of the time.

I'm pretty sure I remember a similar piece of pro btc news coming out a few weeks back about him.  Just found it, he does accept bitcoin for gold on his site. 

[bitboy11]

I have an Uncle and even a tenant who are both qualified financial advisers.
They were both against it.
I didn't listen to either of them!
I bought and sold for a nice profit, then I bought some more again.
Screw them.
Think for yourself.

[counter]

I have an Uncle and even a tenant who are both qualified financial advisers.
They were both against it.
I didn't listen to either of them!
I bought and sold for a nice profit, then I bought some more again.
Screw them.
Think for yourself.

Very sad the can't see any value in it even now.  They obviously are intelligent if they are financial advisors.  Maybe just stubborn, I don't know how they both can ignore the potential of growth that Bitcoin brings to the table.  Not to mention the low amounts a person is able to buy is appealing for low risk.  Hopefully they will appreciate it more and then adopt Bitcoin before it is to late.

[Guido]

alex jones cost people a lot more including himself when he was rubbishing bitcoin whenever max keiser used to turn up and talk economics and politics and pump bitcoin

he still doesn't get it now

[nutildah]

alex jones cost people a lot more including himself when he was rubbishing bitcoin whenever max keiser used to turn up and talk economics and politics and pump bitcoin

he still doesn't get it now

All pundits are rubbish simply in love with the sound of their own voice. I also learned through experience that you should only take anything they have to say at entertainment value anyway, regardless of how slick they are or how good they make you feel.

Spoiled narcissist like Peter Schiff will never admit to you their actual #1 key to success: having rich parents.