I'm leaving Bitcoin

[Sithara007]

Checked the original post, and found that the topic was created in 2012. This guy made a huge mistake by quitting the Bitcoin sector. Had he opted to stay put, then he might have got a 10,000% ROI on his coin holdings.

Edit: Just found out that the OP was involved in Coinjar. So despite this thread, he didn't quit the Bitcoin sector.

[1714941622]

1714941622

[1714941622]

1714941622

[1714941622]

1714941622

[1714941622]

1714941622

[1714941622]

1714941622

[winspiral]

Checked the original post, and found that the topic was created in 2012. This guy made a huge mistake by quitting the Bitcoin sector. Had he opted to stay put, then he might have got a 10,000% ROI on his coin holdings.

Edit: Just found out that the OP was involved in Coinjar. So despite this thread, he didn't quit the Bitcoin sector.

I have sold bitcoins...oupsss satoshi twince for $50 or so...it was a listake as well...now it would be worth $150 or so...

[Soros Shorts]

Haha! Thanks for resurrecting this thread and reminding me of how lucky I was back in 2012 when I avoided the Bitcoinica hack just by pure luck (I had withdrawn all my coins on a whim).  

I hope Zhoutong is doing well, zhoutonging all those he comes into contact with in life.

https://www.youtube.com/watch?v=kdvTkddp1F0

[Positid]

We don't know if th OP really do it, what is written does not mean we leave completely. We write it because we still want it, so who knows if OP is already a silent millionaire now.

[Xester]

If you really love bitcoins then why not create a new site that will help users earn while at the same time being protected from this hackers. Bitcoin industry needs highly technical and specialized people concerning bitcoin and it is a great loss if you leave the community just like that. Hope you changed your mind and contribute more to bitcoin industry.

[Vatimins]

Yes someday I will leave, because no one is immortal and the best, we think now is the best, but 10 years or more there must be a better replacement. just like mobile phone, vehicle, which is sure to have the time. We must ready for it.

The bitcoin can improve and it will not be replaced.

[FaucetRank.com]

Checked the original post, and found that the topic was created in 2012. This guy made a huge mistake by quitting the Bitcoin sector. Had he opted to stay put, then he might have got a 10,000% ROI on his coin holdings.

Edit: Just found out that the OP was involved in Coinjar. So despite this thread, he didn't quit the Bitcoin sector.

He probably crated this thread while he was drunk or maybe he just changed his mood because price of Bitcoin is growing day by day and he already earned a good profit on his Bitcoin or maybe he is still holding lot of Bitcoins who knows? 

[Vatimins]

Checked the original post, and found that the topic was created in 2012. This guy made a huge mistake by quitting the Bitcoin sector. Had he opted to stay put, then he might have got a 10,000% ROI on his coin holdings.

Edit: Just found out that the OP was involved in Coinjar. So despite this thread, he didn't quit the Bitcoin sector.

He probably crated this thread while he was drunk or maybe he just changed his mood because price of Bitcoin is growing day by day and he already earned a good profit on his Bitcoin or maybe he is still holding lot of Bitcoins who knows? 

That is right. If he stick with the bitcoin, he will be richer.

[n0ne]

It's a long back thread by the year 2012, but people were not in a state to trust technology at that time. Now with its potential it has touched very big highs. So now if op was to say something about bitcoin he could have started a thread promoting bitcoin with a slogan lets move with bitcoin.

[requester]

you did a lot for bitcoin and just for losing an account you should not leave bitcoin instead you should be strong and be mentally determined for keeep oneself secure in future.

[szpalata]

Well you might have your own personal reasons for leaving but I will urge you to rethink your decision and if there's a possibility of returning please do because we need all these brains to support the Bitcoin community and we can't just start losing you guys one after the other.

[Idrisu]

No, this isn't related to the Bitcoinica hack. The hack just makes the choices obvious and straightforward.

I, Zhou Tong (Zhou is my surname), will discontinue all involvement in Bitcoin-related projects after the Bitcoinica incident has been fully resolved until further notice.

I always believe in Bitcoin, or simply anything that brings people financial liberty. I have heavily invested in Bitcoin (I purchased one 1,000 BTC gold coin from Casascius and will keep it for as long as I can). And I have enjoyed what I have done for the Bitcoin community.

Really, thank you for all the wonderful support. It feels great to have an experimental project become the "best thing since sliced bread", and run one of the most profitable businesses in a new economy. Bitcoinica has a total historical revenue equivalent to about 0.67% of the whole Bitcoin economy. Not even Apple can match this record in the real world economies.

The first time I read about Bitcoin was in late 2010. My first reaction was "these coins are cheap, maybe it just doesn't work". I learned about Bitcoin again in mid 2011, when the first bubble started. I bought my first Bitcoin when it fell to $8. I told all my close friends and classmates about Bitcoin, simply because I think it's a cool idea. The idea of a margin trading platform quickly went into my mind, and I started working on Bitcoinica.

I lied about the time it took to build Bitcoinica. (I said I spent one week on it.) I started on September 4, 2011 and launched on September 9, 2011. Just four and half days. In a week, trading volume passed one million dollars. I started making profits like crazy.

In November, an investor approached me to acquire Bitcoinica. Due to regulatory concerns, I agreed to the deal and signed the agreement. Bitcoinica was sold for a good price. However, since the investor is unable to arrange for a replacement team, I continued to become the sole operator until Team Intersango took over two weeks ago. The investor let me keep all profits until late January, the official handover time. After handover, he continued to offer generous salary and performance bonus every month. The investor demands his identity to be protected so I won't share more information on this.

I left school in Singapore and decided to continue my education in Australia. I made the decision because of the Internet industry, and the hacker culture. I'm a web developer and I want to become a really good one. I want to work with smart hackers and wonderful designers to change the world. Singapore isn't particularly good at this. (Obviously, US West Coast should be a better choice, but for some other reasons I didn't consider US.)

I have started working on another project (not Bitcoin-related) that is going to make a little difference on the Internet. So far I have achieved great progress and I'm pretty confident about this new venture.

My life hasn't changed much except that I became more confident after Bitcoinica's success. I realized that I have the power to make something profitable. Such kind of confidence is extremely hard to get, until you really experience a significant success. I worked on several projects before, and all of them failed eventually. I thought I was confident because I kept building new stuff and improving myself. But the real confidence comes from the success itself.

I failed at one thing though, that is generating value for the society. Bitcoinica did create a place for people to trade more efficiently and provide liquidity to the market. However, speculation is a zero-sum game (or negative-sum, strictly saying). I know there can be many justifications for Bitcoinica's value, but all of them are against my intuition and values.

With the confidence and the innate intuition to build wonderful things for a better world, I decided to move on. I didn't quit Bitcoinica because it's the only source of income that I currently have.

I know that my time is valuable and industry establishment is really important. I don't want my name to be remembered by only Bitcoiners. It's true that I believe in Bitcoin's potential, but not everyone believes. If I'm a influential person I wouldn't have to do this, but the best way to be known in the Internet industry is to build products that save people time, money and headaches.

I'm going to be a young entrepreneur that solves problems for everyone. I leave Bitcoin only because it doesn't help address my real needs. Making money isn't that important after all.

I'll be a Bitcoin lover forever, and I will come back to this forum regularly to discuss about the future that's in our own hands! I will keep the 1,000 BTC  gold coin as a lifetime investment and I'm pretty confident that it'll be the best investment ever in my life.

Bitcoin FTW!

I did not know you but from this your post am impress. Living your 1000bt as investment is a good gesture. We the Newbies that has less than 1btc how do we start to increase our earning with low risk and returned? You have work hard to get bitconica to were it is today we hope to contribute our efforts so.

[Gyrsur]

read his "Trust" in his profile before you talking about him. nobody of the Bitcoiners from the time he was active here trust him anymore. and there are reasons for this.

[cramcram21]

Thank's for everything that you have done in bitcoin,
Wish you all the best .

[molecular]

read his "Trust" in his profile before you talking about him. nobody of the Bitcoiners from the time he was active here trust him anymore. and there are reasons for this.

It's pretty funny to see these comments from people who weren't there at the time. I'm not convinced zhou played a malicious role in the whole bitcoinica debacle, though. And if he did he surely wasn't the only one.

[bravehearth0319]

Sounds like early retire a young man here in this industry. You gave a big contribution in the economy of this bitcoin world, Honestly 1000BTC its not a joke, do you know how much total is that here in my country currency it is equivalent of 5, 800, 000 Million dude. I guess you still help us here about your experience for a couple of time you've been in this industry. You take care of yourself buddy to your new venture in life.

[MWesterweele]

No, this isn't related to the Bitcoinica hack. The hack just makes the choices obvious and straightforward.

I, Zhou Tong (Zhou is my surname), will discontinue all involvement in Bitcoin-related projects after the Bitcoinica incident has been fully resolved until further notice.

I always believe in Bitcoin, or simply anything that brings people financial liberty. I have heavily invested in Bitcoin (I purchased one 1,000 BTC gold coin from Casascius and will keep it for as long as I can). And I have enjoyed what I have done for the Bitcoin community.

Really, thank you for all the wonderful support. It feels great to have an experimental project become the "best thing since sliced bread", and run one of the most profitable businesses in a new economy. Bitcoinica has a total historical revenue equivalent to about 0.67% of the whole Bitcoin economy. Not even Apple can match this record in the real world economies.

The first time I read about Bitcoin was in late 2010. My first reaction was "these coins are cheap, maybe it just doesn't work". I learned about Bitcoin again in mid 2011, when the first bubble started. I bought my first Bitcoin when it fell to $8. I told all my close friends and classmates about Bitcoin, simply because I think it's a cool idea. The idea of a margin trading platform quickly went into my mind, and I started working on Bitcoinica.

I lied about the time it took to build Bitcoinica. (I said I spent one week on it.) I started on September 4, 2011 and launched on September 9, 2011. Just four and half days. In a week, trading volume passed one million dollars. I started making profits like crazy.

In November, an investor approached me to acquire Bitcoinica. Due to regulatory concerns, I agreed to the deal and signed the agreement. Bitcoinica was sold for a good price. However, since the investor is unable to arrange for a replacement team, I continued to become the sole operator until Team Intersango took over two weeks ago. The investor let me keep all profits until late January, the official handover time. After handover, he continued to offer generous salary and performance bonus every month. The investor demands his identity to be protected so I won't share more information on this.

I left school in Singapore and decided to continue my education in Australia. I made the decision because of the Internet industry, and the hacker culture. I'm a web developer and I want to become a really good one. I want to work with smart hackers and wonderful designers to change the world. Singapore isn't particularly good at this. (Obviously, US West Coast should be a better choice, but for some other reasons I didn't consider US.)

I have started working on another project (not Bitcoin-related) that is going to make a little difference on the Internet. So far I have achieved great progress and I'm pretty confident about this new venture.

My life hasn't changed much except that I became more confident after Bitcoinica's success. I realized that I have the power to make something profitable. Such kind of confidence is extremely hard to get, until you really experience a significant success. I worked on several projects before, and all of them failed eventually. I thought I was confident because I kept building new stuff and improving myself. But the real confidence comes from the success itself.

I failed at one thing though, that is generating value for the society. Bitcoinica did create a place for people to trade more efficiently and provide liquidity to the market. However, speculation is a zero-sum game (or negative-sum, strictly saying). I know there can be many justifications for Bitcoinica's value, but all of them are against my intuition and values.

With the confidence and the innate intuition to build wonderful things for a better world, I decided to move on. I didn't quit Bitcoinica because it's the only source of income that I currently have.

I know that my time is valuable and industry establishment is really important. I don't want my name to be remembered by only Bitcoiners. It's true that I believe in Bitcoin's potential, but not everyone believes. If I'm a influential person I wouldn't have to do this, but the best way to be known in the Internet industry is to build products that save people time, money and headaches.

I'm going to be a young entrepreneur that solves problems for everyone. I leave Bitcoin only because it doesn't help address my real needs. Making money isn't that important after all.

I'll be a Bitcoin lover forever, and I will come back to this forum regularly to discuss about the future that's in our own hands! I will keep the 1,000 BTC  gold coin as a lifetime investment and I'm pretty confident that it'll be the best investment ever in my life.

Bitcoin FTW!

No, don't leave us so early I mean this industry, maybe you're only confuse on what to do first or what to do next, friend it's just a matter of priorities , it doen't matter if you lose your other time on earning bitcoin for your full time work , make it as your part time work or your past time. it is not yet over come back and earn bitcoin with us, let us go with the rising value of this coins. cheer up!

[DarkIT]

people flock wanted to learn, and I do not think that they would get out of the bitcoin. it might make enormous losses against the person. bitcoin is a means of transaction in the future, so it would be a loss if you come out now.

[Yakamoto]

people flock wanted to learn, and I do not think that they would get out of the bitcoin. it might make enormous losses against the person. bitcoin is a means of transaction in the future, so it would be a loss if you come out now.

We're definitely looking at a considerable series of movements within the next little while which have the potential to throw Bitcoin into the spotlight and make it one of the most important portions of the global financial systems, or it might end up being pushed to the side for a while.

Ideally, there will be a lot of good news soon, but there are never are guarantees.

[BillyBobZorton]

Checked the original post, and found that the topic was created in 2012. This guy made a huge mistake by quitting the Bitcoin sector. Had he opted to stay put, then he might have got a 10,000% ROI on his coin holdings.

Edit: Just found out that the OP was involved in Coinjar. So despite this thread, he didn't quit the Bitcoin sector.

Literally EVERY guy that ever opened a thread saying how they were "done with bitcoin" and dumped their position is missing on making gains right now after the all time high... it's awesome to see how bitcoin has proven every last doubter wrong.