I'm leaving Bitcoin

[bitbob82]

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.

yes that is very right to say because, every one has their own decision and if a person want to leave he has the right but i will like to add that leaving bitcoin is not a good idea because after some time he has to rejoin it because all the people of the world are gin to join bitcoin because bitcoin is ow becoming one of the most important part of our life.

[geopolisch]

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.

Yeah, the bitcoin community right should work together and focus on making a good reputation for the bitcoin and come up with different new ideas to improve it and make people invest in it more so we really need all the support and the users that have much experience and knowledge about the bitcoin.

When every bitcoiner feels his responsibilities, I believe there will be no people will be feeling like leaving off bitcoin systems. I hope we will be working on this regards intensively.

[cokkapaga]

its not a good idea to leave bitcoin
bitcoin will be a huge in the future and the best of payment on the internet.

[AjithBtc]

its not a good idea to leave bitcoin
bitcoin will be a huge in the future and the best of payment on the internet.

Even if it doesn't get acceptance as a mainstream currency, sure as a form of alternate currency bitcoin takes role. Also no other currencies will emerge similar to bitcoin. For this reason bitcoin is the best of all time, so never leave as quoted by the above mate.

[Xester]

its not a good idea to leave bitcoin
bitcoin will be a huge in the future and the best of payment on the internet.

He just possibly made this statement in the heat of his emotions. But at this moment he may have cooled down and realized that bitcoin is very valuable. When he made this post one bitcoin has not yet reached one thousand dollars each and so after seeing the price of bitcoins he knew already that he will make a big regret if he let go of bitcoin.

[Gameroid]

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.

Yeah, the bitcoin community right should work together and focus on making a good reputation for the bitcoin and come up with different new ideas to improve it and make people invest in it more so we really need all the support and the users that have much experience and knowledge about the bitcoin.

yes that is too much important and i think specially in those areas where the use of bitcoin is not as good, where most of the people do not have any idea about bitcoin. i think it is our duty to introduce bitcoin to the people who do not know about bitcoin.

[HadiHussain]

I'm gonna miss getting zhoutonged....not, hehehe.

[target]

its not a good idea to leave bitcoin
bitcoin will be a huge in the future and the best of payment on the internet.

He just possibly made this statement in the heat of his emotions. But at this moment he may have cooled down and realized that bitcoin is very valuable. When he made this post one bitcoin has not yet reached one thousand dollars each and so after seeing the price of bitcoins he knew already that he will make a big regret if he let go of bitcoin.

zhoutong was Last Active:   January 29, 2017, 10:06:15 AM so he still is loggin here int he forum, maybe he is checking what is going in in the forum and the price. I don't think someone will actually leave btc forever. If you have been involve in btc and already learned how fucked up centralized fiat are, you won't get over there again without looking back. No matter what happen to that bitcoinhack that OP mentioned, its the past already. Worse things had already happened like ICO scams, exchanges declaring hacked and so on.

[Nathan047]

Well, I guess see ya around. Good luck, and I hope you do well. Thanks for the impact to the bitcoin community.

[MoneyIsDebt]

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.

yes that is very right to say because, every one has their own decision and if a person want to leave he has the right but i will like to add that leaving bitcoin is not a good idea because after some time he has to rejoin it because all the people of the world are gin to join bitcoin because bitcoin is ow becoming one of the most important part of our life.

I agree with every person here commenting. Besides, putting the issue of bit coin aside. In general, in our real life leaving anything has never given profit to anyone in any means. One day they will get connected again and forget the past. Therefore, I suggest you to think again. Bit coin may not be the issue in your life. You may think that this is one but it’s not. So, give yourself a break and start again.

[AicecreaME]

For those who are expressing their dissappointment in the blockchain technology and in particular bitcoin will someday in future wish they had never walked away knowing that they got to know about it before a whole lot of people did. thanks

I also think the same way as you do, people will love things that benefits them, but if its changed, they will eventually walk away from it, they just want to take everything that makes them happy, and didn't even know how to give, they didn't know how to wait. As of now, the cryptocurrency market is all red, prices are dropping, and people are leaving, selling their coins out of nowhere thinking that they could lose even more profits if they will not sell their coins.

This is the part where most of the people are panicking and not thinking wisely, they just act according to their instinct, they didn't even think what could happen in the near future if they are going to do panic selling.

[Emran4567]

I never had a good time at Bitcoin, and I was beside this time, and I would be left at the bad times. Do not leave any time. Because by bitkayen I dream about doing well. I will go with Bitakayena, Achi, and I'll stay.

[Tylev]

Many were in the same situation who bought bitcoin in the first half of December last year, when he was approaching the peak of his price. Probably, many after that sold their bitcoins and suffered significant losses, they decided not to return to the crypto currency. The mistakes of these people will be learned by others. You can not buy a coin or a token, which has been rising for a long time and has reached large price heights. Crypto currency can not always grow in price.
Now we need to expect a big rise in the crypto-currency market, so that bitcoin again rose to such heights. To sell it already at the current price is not worth it.

[clarkey2013]

Yes, this topic started a long time ago, but at the moment a lot of people also draw such conclusions. I think that you should not abandon the use of bitcoin only because of the drawdown of the price!

[kam17]

We can not leave it. We are in the time of encrypted currencies

[gidaahmad]

Thank you for your dedication to Bitcoinica. I deeply appreciate your decision. And thank you for being a true Bitcoin lover.

[Ahimoth]

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.

yes that is very right to say because, every one has their own decision and if a person want to leave he has the right but i will like to add that leaving bitcoin is not a good idea because after some time he has to rejoin it because all the people of the world are gin to join bitcoin because bitcoin is ow becoming one of the most important part of our life.

You always have a decision to make but be firm with that. Remember that there's a reward andfor consequences in every decision. Leaving bitcoin is your choice but you have to deal with the result. Choose what's best for you where you can earn more and have a healthy lifestyle. Bitcoin will always be here don't worry.

[patitricks]

Bitcoin meets reality, there's plenty of it going around. Nothing particularly startling about the inevitable. Perhaps Bitcoin will turn into some digital form of gold hoarding where people just buy them up to stash away some hidden wealth for a period of time. Who knows? In any event, no aspect of the Bitcoin economy, or really any economy is a 'zero sum game' as far as I can tell.

[almaerk08]

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!

Wow I was touched by your story about your life in the bitcoin world. You just gave me hope and strength to pursue what I have started here. I wish you good luck on your future endeavors.

[koldir]

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!

Well, because of one person, I think nothing will happen, but for bitcoin at the moment nothing is possible, so I think that everything will not be fine soon, and will have to wait a little.