Magic Sarap
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Activity: 350
Merit: 14
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August 06, 2018, 09:59:55 PM |
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You may have your own excuses for leaving bitcoin but some of us have tried to overcome all these excuses and still believe in crypto. Bitcoin cannot always meet our expectations but what I do know is that bitcoin will rise again and again.
No, just stay because i swear to you bitcoin's price will rise next year. The price right now is slowly increasing, dont lose hope my friend, its just a challenge for us holders. Juet remain calm and have a long patience. Your patience is the key for you to become rich. Just continue to invest in bitcoin and you will be successful, i promise. |
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kauban2018
Member
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Activity: 271
Merit: 10
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August 06, 2018, 10:08:40 PM |
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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!
What you did was great man! You did your part for Bitcoin. You did your very best and make others believe that there still someone like you in the world that can make a better world for bitcoin and accept Bitcoin as may other may consider it as a real business. |
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Labajah
Newbie
Offline
Activity: 130
Merit: 0
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August 06, 2018, 10:18:41 PM |
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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 know we have free to decide all the time her in bitcoin world. But I well insist my opinion to you my friend if you will try to listen to me, don't leave in bitcoin. Because her in bitcoin we can have a bright future. Especially now we are in the middle of the year. And this is a peak season of bitcoin we should prepare for this because their is a big price movement that are coming to us. |
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swaggerkeme
Newbie
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Activity: 162
Merit: 0
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August 06, 2018, 11:05:32 PM |
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Please rethink your decision and you will realise that the benefits you have gained from bitcoin far outweighs the negative side. I believe bitcoin will get better than it is today in a few weeks to come. This is not a good time to quit.
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dark1234
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August 06, 2018, 11:24:34 PM |
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Please rethink your decision and you will realise that the benefits you have gained from bitcoin far outweighs the negative side. I believe bitcoin will get better than it is today in a few weeks to come. This is not a good time to quit.
you are right, I hope someone like Zhou Tong does not leave the world of bitcoin because it is still too early when new bitcoins are known to many people and countries in the world are starting to open up to bitcoin |
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cryptokitty
Full Member
Offline
Activity: 420
Merit: 100
Global Blockchain Solution For Transportation
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August 06, 2018, 11:25:03 PM |
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Bitcoin is currently in the middle of recovery. We never know what is the next price if it will rise or will going down again. What is important is that we all know how to handle our emotions during this time and keep our investment and hold it until we can earn for a better profits.
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zwiggel
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August 06, 2018, 11:29:20 PM |
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At present bitcoin is decreasing in value and reliability. So I'm away from bitcoin and looking for new electronic coins. The altcoin has the potential to develop more bitcoin like ethereum, ripple or NEO. These altcoins are gradually growing and can pass bitcoin in the future.
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tatum506
Member
Offline
Activity: 311
Merit: 10
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August 06, 2018, 11:30:25 PM |
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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!
Yes, I think that at this point you should not be fooled into bitcoin, you can see that bitcoin prices are constantly fluctuating and refining strongly over the past few days, the market is bearish in the long run. So bitcoin prices will probably continue to drop sharply at any time. So you should only invest in short-term and altcoin trading. |
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_navoj
Newbie
Offline
Activity: 40
Merit: 0
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August 06, 2018, 11:37:34 PM |
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All the efforts and hardship you exerted is much appreciated. Bitcoin forever.
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orarider
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August 06, 2018, 11:46:50 PM |
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Why not?. When bitcoin prices are falling sharply, many investors are no longer interested in bitcoin. Removing bitcoins at this time is necessary. I will invest in new coins that have more potential. It could be a ripple or another altcoin.
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rockyboy
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August 06, 2018, 11:56:38 PM |
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We are all have our different opinion. I also have my own choice to follow and i will still stand that btc is my future someday. I will hold it and wait for the increase.
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XFlowZion
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August 07, 2018, 01:54:29 AM |
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I wish that there is a lot of people like you who are doing a significant part on helping the tech. You are not after the money and it's not you priority. I also love bitcoin and I hope that we all succeed on this financial revolution that keeps happening for decades. I know people will soon realize the importance of bitcoin.
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Aris novianto
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August 07, 2018, 01:59:33 AM |
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I will never leave bitcoin, because I have been working on bitcoin for a long time and I also benefit from bitcoin, until whenever I will support bitcoin.
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RasicaOla12
Newbie
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Activity: 140
Merit: 0
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August 07, 2018, 02:26:08 AM |
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Bitcoin was originally designed by Satoshi in 2007 when he believed that it was possible to design a trading system where members do not need to trust each other. Bitcoins are considered gold because they have n circulation, reserves, and payment. So do not leave the bitcoin
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Wong owah
Newbie
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Activity: 163
Merit: 0
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August 07, 2018, 02:35:08 AM |
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I will never leave Bitcoin, bitcoin which has changed my life, until I can get what I want right, bitcoin has changed my life and also changed my life
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lilanka
Newbie
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Activity: 26
Merit: 0
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August 07, 2018, 02:37:53 AM |
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You did a great work man  Good luck for retiring. |
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jdamayo28
Newbie
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Activity: 84
Merit: 0
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August 07, 2018, 03:16:33 AM |
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You did a great work man Good luck for retiring. I hope you enjoy your moments with the bitcoin in the times you dealing with it. I guess its too early to decide for you to leave bitcoin. Bitcoin has so much to achieve in the next few months. But its your decision, farewell. |
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Twinscoin2017
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August 07, 2018, 03:26:12 AM |
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We dont have to leave, bitcoin will soon rise and the bitcoin has maybe a bright future , dye to uts amazing fast growing economy, bitcoin is now becoming a part of the human life, bitcoin is amazing so if we are going to leave it today we can maybe loss the opportunity in the near future.
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Al the Alpaca
Full Member
Offline
Activity: 205
Merit: 100
The Future Of Work
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August 07, 2018, 03:35:44 AM |
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You did a great work man Good luck for retiring. Nope. He is not good in this scenario. Bitcoin is a good investment. We all need this kind of business. |
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TopT3ns
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August 07, 2018, 03:38:23 AM |
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I will never leave Bitcoin, bitcoin which has changed my life, until I can get what I want right, bitcoin has changed my life and also changed my life
bitcoin change everyone's life, it is depends on ourself how to manage it. but OP maybe have strong reason why he choose the title but i see everyone will not always forget bitcoin that already help people who use it |
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