Will there ever be another crypto boom similar to BTC in my lifetime?

[ManOnTheMoon]

were all doomed 

[1715192722]

1715192722

[1715192722]

1715192722

[1715192722]

1715192722

[Scottsdale]

Sorry this was it. We're all millionaires, and you're not.

[sidhujag]

DOnt listen to the noob... yes do the math volume tells us its great to accumulate here or anywhere at these prices. Just keep working and buying bitcoins with a few % of your extra money.. dont put in more than you can afford to lose as it is high risk... however seems it is a good trade as of now.

[odolvlobo]

My advice is to focus on reality and not on fantasies of striking it rich. I assume you have a college degree now. Use it.

[Magic8Ball]

There are so many happening right now over here. NXT last year, BTSX this year amongst others. If you keep your ear to the ground you will find so many get rich coins with enough volume to make you a millionaire.

[ManOnTheMoon]

Sorry this was it. We're all millionaires, and you're not.

Please take a screenshot of your bank account so I can fantasize about it?

My advice is to focus on reality and not on fantasies of striking it rich. I assume you have a college degree now. Use it.

But reality is people getting rich off Bitcoin. Are you implying it was a fantasy?  A college degree will get me nothing aside from a job as a janitor or electrician.  It would take 20 years to accumulate even 100k.

DOnt listen to the noob... yes do the math volume tells us its great to accumulate here or anywhere at these prices. Just keep working and buying bitcoins with a few % of your extra money.. dont put in more than you can afford to lose as it is high risk... however seems it is a good trade as of now.

I'll keep buying 100$ of BTC every 2 months. However, that is useless considering it will take me years to accumulate even a miniscule amount.

Bitcoin has the potential to appreciate another 1000 times, and some altcoins, or other crypto technology could appreciate 10,000 times.....

Also, there are startups in the world, which may in the future appreciate 100,000 times.

You just need to think.

Are you sure? If BTC appreciated by 1000 times, it would be worth 350,000$ a Bitcoin. Do you know how laughable that sounds? People would literally be more wealthy than the wealthiest billionaires on the planet the logic doesn't work out.

There are so many happening right now over here. NXT last year, BTSX this year amongst others. If you keep your ear to the ground you will find so many get rich coins with enough volume to make you a millionaire.

Those just sound like PnD altcoins. Where would you keep your ear to the ground? Alternate crypto forums is full of emotional shills.

[Thomas-s]

Sorry this was it. We're all millionaires, and you're not.

Please take a screenshot of your bank account so I can fantasize about it?

My advice is to focus on reality and not on fantasies of striking it rich. I assume you have a college degree now. Use it.

But reality is people getting rich off Bitcoin. Are you implying it was a fantasy?  A college degree will get me nothing aside from a job as a janitor or electrician.  It would take 20 years to accumulate even 100k.

DOnt listen to the noob... yes do the math volume tells us its great to accumulate here or anywhere at these prices. Just keep working and buying bitcoins with a few % of your extra money.. dont put in more than you can afford to lose as it is high risk... however seems it is a good trade as of now.

I'll keep buying 100$ of BTC every 2 months. However, that is useless considering it will take me years to accumulate even a miniscule amount.

Bitcoin has the potential to appreciate another 1000 times, and some altcoins, or other crypto technology could appreciate 10,000 times.....

Also, there are startups in the world, which may in the future appreciate 100,000 times.

You just need to think.

Are you sure? If BTC appreciated by 1000 times, it would be worth 350,000$ a Bitcoin. Do you know how laughable that sounds? People would literally be more wealthy than the wealthiest billionaires on the planet the logic doesn't work out.

There are so many happening right now over here. NXT last year, BTSX this year amongst others. If you keep your ear to the ground you will find so many get rich coins with enough volume to make you a millionaire.

Those just sound like PnD altcoins. Where would you keep your ear to the ground? Alternate crypto forums is full of emotional shills.

Trading altcoins was the holy grail the last 12 months.

[hustler100]

You need to start saving money (% of your income) and diversify your saving-investment portfolio with Bitcoin, Alts & some good stocks (always keep some cash just in case).

And like that you can learn to feel the markets much better, learn how the day trading feels like and afterwards decide which strategy you want to use...

 

[odolvlobo]

My advice is to focus on reality and not on fantasies of striking it rich. I assume you have a college degree now brain. Use it.

But reality is people getting rich off Bitcoin. Are you implying it was a fantasy?  A college degree will get me nothing aside from a job as a janitor or electrician.  It would take 20 years to accumulate even 100k.

Sorry. Let me fix that.

[sidhujag]

Sorry this was it. We're all millionaires, and you're not.

Please take a screenshot of your bank account so I can fantasize about it?

My advice is to focus on reality and not on fantasies of striking it rich. I assume you have a college degree now. Use it.

But reality is people getting rich off Bitcoin. Are you implying it was a fantasy?  A college degree will get me nothing aside from a job as a janitor or electrician.  It would take 20 years to accumulate even 100k.

DOnt listen to the noob... yes do the math volume tells us its great to accumulate here or anywhere at these prices. Just keep working and buying bitcoins with a few % of your extra money.. dont put in more than you can afford to lose as it is high risk... however seems it is a good trade as of now.

I'll keep buying 100$ of BTC every 2 months. However, that is useless considering it will take me years to accumulate even a miniscule amount.

Bitcoin has the potential to appreciate another 1000 times, and some altcoins, or other crypto technology could appreciate 10,000 times.....

Also, there are startups in the world, which may in the future appreciate 100,000 times.

You just need to think.

Are you sure? If BTC appreciated by 1000 times, it would be worth 350,000$ a Bitcoin. Do you know how laughable that sounds? People would literally be more wealthy than the wealthiest billionaires on the planet the logic doesn't work out.

There are so many happening right now over here. NXT last year, BTSX this year amongst others. If you keep your ear to the ground you will find so many get rich coins with enough volume to make you a millionaire.

Those just sound like PnD altcoins. Where would you keep your ear to the ground? Alternate crypto forums is full of emotional shills.

It might be $350k.. who knows... if it becomes used by banks then its possible. Like I said plan around it like its high -risk high reward.... dont bet it will happen for sure.

[Magic8Ball]

Those just sound like PnD altcoins. Where would you keep your ear to the ground? Alternate crypto forums is full of emotional shills.

Both have very solid technology behind them and are innovative. They are pump and dump but then so is Bitcoin.

Alternate crypto, and see if some idea is gaining traction then visit their own forums. Basically you want to be rich, but do not actually want any effort put into it.

[abs350]

Sorry pal, no risk no reward. You've missed bitcoin now but dont despair, hopefully there will be other opportunities

My advice, find something you're good at and specialize in it. Focus 100% on that. Try and quit your crap job ASAP for something more $$$$ and quit doing drugs.

Also save money as much as you can.

Remember, get rich quick is a bad idea.

[CryptoCarmen]

With altcoins and some luck you can do it fast. You see they chance a lot daily. You can actually do same with bitcoin and USD. price change 10% a day.

[criptix]

Hey gang, broke student here.

I heard about BTC back in 2012 after doing acid (it enlightened me) but considering my family is poor and I was going to college I had no money to invest, I was in the red. I came back to the ecosystem sometime around late-2013 after some family trouble and made a bit of pocket change day-trading DOGE (1500$)...essentially nothing compared to you big shots.

Every day I wake up and want to kill myself, considering I do not have a time machine. All I want is to live with the comfort knowing I have 100k-1m$ in my bank account....the thing that kills me is knowing I could have had that comfy security but not in this timeline, maybe a parallel timeline where I did LSD earlier. I know there will most likely not be another moment in our lives where you can invest in a stock for 1$ and it goes to 1000$, and I can't take much more of working at this dead-end fast food job.

Does anyone have any info on how often this happens, and how I could get to know about such a thing early on? Is there a secret IRC or forum where people discuss this?

I don't want to an hero, however making 1500$ a month from fast food and spending 1000$ on rent and living expenses whilst only taking away 500$ is a FUCKING JOKE. At this point I might even move to Alaska and die of a bee sting like that McCandless guy did.

It just sucks that an entire life is wasted for being a few years late, you know?

take it as a lesson.

btw. the lesson i talk about is:

dont spend your money on acid/lsd  

[gentlemand]

It's a piece of piss to look back now at anything that took off and wonder why you weren't in at ground level.

If you had been there since minute one the chances are exceedingly high that you would've -

mined some coins and lost or deleted them or been hacked

been ravaged by one of the countless scammy sites/ wallets/ exchanges/ 'investment' schemes

sold way, way before the price ever reached a serious high.

There may well be other opportunities in crypto land of a magnitude that's not too far off. No one knows what they'll be. If they did, they ain't gonna tell anyone else.

[philipma1957]

Hey gang, broke student here.

I heard about BTC back in 2012 after doing acid (it enlightened me) but considering my family is poor and I was going to college I had no money to invest, I was in the red. I came back to the ecosystem sometime around late-2013 after some family trouble and made a bit of pocket change day-trading DOGE (1500$)...essentially nothing compared to you big shots.

Every day I wake up and want to kill myself, considering I do not have a time machine. All I want is to live with the comfort knowing I have 100k-1m$ in my bank account....the thing that kills me is knowing I could have had that comfy security but not in this timeline, maybe a parallel timeline where I did LSD earlier. I know there will most likely not be another moment in our lives where you can invest in a stock for 1$ and it goes to 1000$, and I can't take much more of working at this dead-end fast food job.

Does anyone have any info on how often this happens, and how I could get to know about such a thing early on? Is there a secret IRC or forum where people discuss this?

I don't want to an hero, however making 1500$ a month from fast food and spending 1000$ on rent and living expenses whilst only taking away 500$ is a FUCKING JOKE. At this point I might even move to Alaska and die of a bee sting like that McCandless guy did.

It just sucks that an entire life is wasted for being a few years late, you know?

  so you joined this forum in feb of 2014.  it is now  oct 2014 . coins may never jump as fast as they did.  under 10 bucks in dec of 2012 to over 240 in apr 2013 down to 90 in sept 2013 and up to 1150 in nov 2013.   now down to 370 

that is a motherfucking roller-coaster ride.  do you think I know what the will be in 1 week nope.  but I know what I can afford to lose.

So I have 20-25 coins and I can lost that and be okay with it.

Here is my guess for you to do buy a piece of a coin as often as you can.  Do not sell any until they go back to 1000 usd then sell some of them.

Never buy more then you can afford to lose

[BTCmoons]

Those just sound like PnD altcoins. Where would you keep your ear to the ground? Alternate crypto forums is full of emotional shills.

Both have very solid technology behind them and are innovative. They are pump and dump but then so is Bitcoin.

Alternate crypto, and see if some idea is gaining traction then visit their own forums. Basically you want to be rich, but do not actually want any effort put into it.

There is no innovative technology in any altcoin. They just copy bitcoin and make one or more minor changes and add nothing of value.

The altcoin boom seems to be waning as alts in general are declining both in terms of bitcoin and in terms of fiat value. I would say that once the altcoin 'boom' dies down, there will be more room for bitcoin to be successful as people will be less distracted. 

[abrahamlitcoin]

If bitcoin fails, I believe that there will be no other crytocoin to emerge.

[xmasdobo]

I know that feel OP. The truth of the matter here is IT'S ALL LUCK. People will not deal with this, specially these that were lucky enough to benefit big time from the ridiculous BTC gains. You have to be at the right moment, at the right time, doing the right thing. Most people that became millonaires off this were just mining Bitcoin for shits and giggles or investing in it just "coz its cool" (like huge cryptology nerds and whanot, like that guy that bought a penthouse by selling a part of his BTC, he was just a kid that thought it was cool and bought them, forgot about them, then cashed out while freaking out trying to remember the password). That's how it rolls. No fucking one knows what can happen in very long terms. Unfortunately the odds are against us. For us to retire off the suicide-inducing ratrace that is working, we would need at least 100K per coin. Certainly unrealistic, and if it ever happens we'll probably be too fucking old to enjoy the wealth, so who cares.
The odds are also against us in terms of something having insanely high gains like Bitcoin ever again during our lifetimes. I believe Bitcoin is what's called a black swarn in financial terms, this only happens every once in a bluemoon, so we are fucked.
Now, we could get a shit ton of money off some of the shitcoins (altcoins) that sometimes pop up and blow up. Like AUR, had we invested 150$ at the right time, we would have gotten a nice piece of the cake. Or had we been part of the instamine scam of DRK at the begining, owning a lot of DRK, we would have gotten a lot of money too. Even Blackcoin gave big ass gains.

The thing with altcoins is, the amount of gimmicks that would make a coin interesting are running out. Everyday it gets harder because someone has made it already. The PoS IPO one, the anon one, the PoW+PoS one, the "funny meme" one.. whatever. Once a coin has done it, forget about it if you didn't get in at the very early stages, and you not only need to get in early, you need to risk at least 0.5 BTC which is a shitload of money for most people (people like us). If you want to make it big with an altcoin, you have to risk big. It will never be like bitcoin where 25-50$ dollars in 2009 could have retired you 3 years later.

If you already rich, it would be so fucking easy to keep up stacking BTC, just buy 0.2-0.5 worth of BTC on new altcoins that have an interesting gimmick and wait for the gains. Once you luck out within rich status, you have to be very stupid to not keep increasing gains. The problem is when you are stuck on a rat race like us, waiting for that lucky moment with few money to buy tickets into that lottery.

As of right now, personally I own a couple BTC, couple hundred XMR and couple hundred BITS. BTC, because its BTC, XMR because it seems the only solid anon coin, and couple thousand BITS because it seems an honest team that's working on their stuff off the radar.

None of these is going to make me rich, unless something extremely lucky happens, you me or no one will get rich. Working hard to get rich requires tons of years, who cares being rich when your health is shit. We want to get rich while we still can enjoy the wealth, and the only way to do it is to search for opportunities and work with what you get which is usually wage-slavery tier income.

Good luck.

[Fierce]

Find an altcoin that you have faith in. Something that is different and in some way better than the rest. Study market trends, check out different coins, find one that is under valued and buy as much as you possibly can. This is how warren buffet made his billions in the stock market. By finding a company that was undervalued by everyone else but he saw potential in. Then he loaded up on the stock and waited.

I would suggest Supercoin or Myriadcoin. Both have a TON of potential. I have a very large amount invested in SUPERcoin. It's technology is better than all other anon coins and it is so cheap right now. Buy for 500 satoshi and eventually it could be $1 or $10 per coin. Read, read, read... talk to people, study the charts, make a decision based on the information and you'll do just fine.