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Author Topic: After watching the documentary of bitcoin  (Read 1984 times)
wesk1212 (OP)
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October 15, 2014, 04:29:02 PM
 #1

Ill admit it. Curently this is not early adoption phase.  That already happened early last year.
Ppl who jumped in the wagon this year or late last year, we already late.

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October 15, 2014, 04:34:10 PM
 #2

Thats not true. you could have purchased bitcoin for 275 just a few days ago and sold them for over 400 yesterday. 30 percent profit in just a week or two? sounds pretty good to me. Yes, we are still in the early stages...
wesk1212 (OP)
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October 15, 2014, 04:35:24 PM
 #3

Thats not true. you could have purchased bitcoin for 275 just a few days ago and sold them for over 400 yesterday. 30 percent profit in just a week or two? sounds pretty good to me. Yes, we are still in the early stages...

Sir. Im talking about when it was below 100. When reddit starting accepting bitcoins. Around that time.
I really wish incould agree with u but i cant..

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RustyNomad
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October 15, 2014, 04:40:57 PM
 #4

Remember that there are cycles within cycles in the same way as there are bubbles within bubbles.

You are not late, maybe for being one of the first yes, but not late at all in so far as bitcoin is concerned. There is still a very long road ahead and we have just started.
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October 15, 2014, 04:50:23 PM
 #5

It might prove to be rather useful to several hundred million or more people eventually. This is still very early days. 
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October 15, 2014, 05:17:44 PM
 #6

Ill admit it. Curently this is not early adoption phase.  That already happened early last year.
Ppl who jumped in the wagon this year or late last year, we already late.

The days of throwing $100 at btc at $1 apiece and then selling them for $1000 apiece a few years later are indeed over. That's not to say that there isn't profit to be made though.
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October 15, 2014, 05:50:03 PM
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Bitcoin is global dude. How many Bitcoiners are there world wide? 1-2 Million out of 7 Billion people.

We're still in the innovators phase.
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October 15, 2014, 06:09:16 PM
 #8

Ill admit it. Curently this is not early adoption phase.
This is the innovators / infancy stage by definition, early adoption hasn't started yet. Early adoption is when the first 5% or so of the population starts using Bitcoin. We're not even at 1% yet, closer to one tenth of 1%.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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October 15, 2014, 06:24:00 PM
 #9

Did you see that video ? BTC and Crypto are huge. The blockchain explained.
https://www.youtube.com/watch?v=YIVAluSL9SU

From http://www.bitcoinproperly.org
If you want to reward the time and effort that went into making this video, consider donating through Bitcoin: 1AtFaRrPFiwm2xUYN2C41edGgKPR5AXYDh
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October 15, 2014, 06:27:29 PM
 #10

We are still early adopters. No question about it. I am certain that bitcoin is going to be huge in the next few years and prices are never going to be this low again. Have confidence in bitcoin, have confidence in yourself.
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October 15, 2014, 07:32:37 PM
 #11

Ill admit it. Curently this is not early adoption phase.  That already happened early last year.
Ppl who jumped in the wagon this year or late last year, we already late.

you are wrong.

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October 15, 2014, 07:35:04 PM
 #12

I think the first time I read this was when we hit 1BTC=$1USD.
"It's a dollar now! we missed the train!!"

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
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October 15, 2014, 07:53:22 PM
 #13

We're at the end of the begining, not the begining of the end.

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October 15, 2014, 08:09:45 PM
 #14

Bitcoin is global dude. How many Bitcoiners are there world wide? 1-2 Million out of 7 Billion people.

We're still in the innovators phase.

We are in the innovator phase indeed. There are still many online shops which do not accept bitcoin yet. Banks are just starting to notice bitcoin as a serious interesting concept.
Consider we had a rise of 1 to a few million in the last few years. If people start to adopt similar to say e-mail, the value could go up like crazy.

wesk1212 (OP)
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October 15, 2014, 10:31:51 PM
 #15

Ok ill still have hope then. Good luck to us

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October 15, 2014, 10:50:17 PM
 #16

the market for bitcoin is pretty much all of humanity, we are at the start of the start.
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October 15, 2014, 10:53:22 PM
 #17

I feel bad for the guy who was all excited when he bought his machines from BFL and got them so late that he couldn't even make ROI.



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Rainbot
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October 16, 2014, 12:57:54 AM
 #18

Thats not true. you could have purchased bitcoin for 275 just a few days ago and sold them for over 400 yesterday. 30 percent profit in just a week or two? sounds pretty good to me. Yes, we are still in the early stages...

However, before buying it  you  don't know ,can't know it can rise to 400.

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October 16, 2014, 01:01:21 AM
 #19

I think the first time I read this was when we hit 1BTC=$1USD.
"It's a dollar now! we missed the train!!"


Yeah. It's incredible how much of the same stuff gets said around here.

Why can't people just look at market-cap and market sizes, determine for themselves what the aggregate value of the world's first global digital currency and shared ledger would need to be in a success case, and then compare that to the market-cap today?

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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October 16, 2014, 01:13:04 AM
 #20

Did you see that video ? BTC and Crypto are huge. The blockchain explained.
https://www.youtube.com/watch?v=YIVAluSL9SU

From http://www.bitcoinproperly.org
If you want to reward the time and effort that went into making this video, consider donating through Bitcoin: 1AtFaRrPFiwm2xUYN2C41edGgKPR5AXYDh

really good vid, i put it in explanatory vid section of documentary thread (see sig).

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