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Author Topic: Be that guy  (Read 4887 times)
jayce
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October 29, 2014, 10:30:43 PM
Last edit: September 20, 2024, 04:25:40 AM by jayce
 #21

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BillyBobZorton
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October 29, 2014, 10:52:52 PM
 #22

To be that guy, you would need a timemachine to go back to 2009.
How in hell can one invest as hard as back in the day now, unless you are already well off, if you want similar gains? (you are talking millonaire here).
Robert Paulson
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October 29, 2014, 10:57:43 PM
 #23

anyone who thinks bitcoin has already hit its full potential is delusional.
the market for bitcoin is the entire world, how many people have them? almost none.
anyone who is lucky enough to understand bitcoin today and be in a position to buy it is going to be extremely rich in 20 years.

the current paper money regime is not going to last for much longer, its been collapsing for the past 14 years and is now on life support in the form of permanent zero interest rates.
the only alternatives are precious metals and bitcoin.
i'd like to see you buy something on ebay with gold, bitcoin is the only option for honest money in the modern world.
fa
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October 30, 2014, 06:54:36 AM
 #24

anyone who thinks bitcoin has already hit its full potential is delusional.
the market for bitcoin is the entire world, how many people have them? almost none.
anyone who is lucky enough to understand bitcoin today and be in a position to buy it is going to be extremely rich in 20 years.

the current paper money regime is not going to last for much longer, its been collapsing for the past 14 years and is now on life support in the form of permanent zero interest rates.
the only alternatives are precious metals and bitcoin.
i'd like to see you buy something on ebay with gold, bitcoin is the only option for honest money in the modern world.
Yes, this five years just marks the beginning of new era in human history.
Fluctuation is expected. R.I.P. banks.
findftp
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October 30, 2014, 07:08:56 AM
 #25

anyone who thinks bitcoin has already hit its full potential is delusional.
the market for bitcoin is the entire world, how many people have them? almost none.
anyone who is lucky enough to understand bitcoin today and be in a position to buy it is going to be extremely rich in 20 years.

the current paper money regime is not going to last for much longer, its been collapsing for the past 14 years and is now on life support in the form of permanent zero interest rates.
the only alternatives are precious metals and bitcoin.
i'd like to see you buy something on ebay with gold, bitcoin is the only option for honest money in the modern world.
I totally agree.
Either we go back in time using gold or we go into the future using bitcoin.
It's just what TPTB allow to happen.
But I don't think they will switch off the internet because otherwise they cannot share and download their kiddy porn.
So biggest chance is bitcoin taking over the world.
But always make sure you have some precious metals as well, you never know for sure
Elwar
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October 30, 2014, 07:31:52 AM
 #26

Be that guy who figures out how to use bitcoin in your every day life.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
scarsbergholden
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October 30, 2014, 07:33:01 AM
 #27

anyone who thinks bitcoin has already hit its full potential is delusional.
the market for bitcoin is the entire world, how many people have them? almost none.
anyone who is lucky enough to understand bitcoin today and be in a position to buy it is going to be extremely rich in 20 years.

the current paper money regime is not going to last for much longer, its been collapsing for the past 14 years and is now on life support in the form of permanent zero interest rates.
the only alternatives are precious metals and bitcoin.
i'd like to see you buy something on ebay with gold, bitcoin is the only option for honest money in the modern world.
I would not say that bitcoin has reached it max potential but I would also not say that it would potentially be a world reserve currency, or the only currency used throughout the world. There are simply too many obstacles to adoption for much of the world to be able to use bitcoin.

asdlolciterquit
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October 30, 2014, 09:28:59 AM
 #28

Hashrate is still climbing. If you can buy below cost, then what's the problem?

according to KNC, the mining cost of bitcoin is significantly below $400, i think it's around $170 per coin and they are trying hard to mine more and dump more

KNC 3T miner at 1710 Watts: $5995 (of cause the cost of manufacture is under $3000)
mine 1 bitcoin: 3.412 week, Power Cost: $98
let's say you mine 50 bitcoins and stop mining, cost per coin: $158


that's scare my so much! so the price can drop until 160$!!!

all i can do is wait until the next halving Sad
Febo
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October 30, 2014, 12:48:41 PM
 #29

You know the guy I am talking about, there are so many of these guys that bought Bitcoin in 2009 or 2010, thousands of them. Then somehow they forgot about Bitcoin for a few years and then one day they woke up and were millionaires and were like holy shit i forgot about Bitcoins!

So you need to forget about Bitcoin for a few years, maybe two, maybe three. Then one day you will wake up and be like Shit, I am a Bitcoin millionaire.

Everyone will call you an early adopter that got lucky. You can tell amazing stories about how you recovered your coins from a printed wallet you found buried in your kid's treasure chest in the back yard. You will tell your kids and grand kids how you bought one of the first 13 million coins. They will write stories about your wisdom and patience.

Yes be that guy.

I woke one morning and remembered i did some faucets last year. Took ages to sync wallet again. Well, there was not that much in that wallet, since i did those faucets only 2 days, but was so big change that i got so interested in bitcoin to end on this forum Tongue
Capt Drake
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October 30, 2014, 01:27:06 PM
 #30

When your grandma will be using bitcoin to buy bananas at the market fair you'll know that bitcoin reached it's full potential;  Kiss
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October 30, 2014, 01:43:07 PM
 #31

Be that guy who figures out how to use bitcoin in your every day life.
This
When your grandma will be using bitcoin to buy bananas at the market fair you'll know that bitcoin reached it's full potential;  Kiss
... and this
YouAreABetaProvider
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October 30, 2014, 03:35:52 PM
 #32

anyone who thinks bitcoin has already hit its full potential is delusional.
the market for bitcoin is the entire world, how many people have them? almost none.
anyone who is lucky enough to understand bitcoin today and be in a position to buy it is going to be extremely rich in 20 years.

the current paper money regime is not going to last for much longer, its been collapsing for the past 14 years and is now on life support in the form of permanent zero interest rates.
the only alternatives are precious metals and bitcoin.
i'd like to see you buy something on ebay with gold, bitcoin is the only option for honest money in the modern world.

Sure, paper money will crash, but it may take as long as 2075. Historically, systems as we know it, last for 200 years. The dollar and fiat money could go on for another 50-60 years easily as it crashes. We will not wake up tomorrow and say wow, worldwide money has replaced dollar. It will be extremely casual. Thats why Bitcoin as I see it is just a test for the true worldwide currency that will come in the future. Bitcoin as it is now is too monopolised, so its like 1% vs 99% again.
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October 30, 2014, 03:36:39 PM
 #33

When your grandma will be using bitcoin to buy bananas at the market fair you'll know that bitcoin reached it's full potential;  Kiss
Haha Lol, Hope it will ever happen.
Capt Drake
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October 30, 2014, 03:52:09 PM
 #34

anyone who thinks bitcoin has already hit its full potential is delusional.
the market for bitcoin is the entire world, how many people have them? almost none.
anyone who is lucky enough to understand bitcoin today and be in a position to buy it is going to be extremely rich in 20 years.

the current paper money regime is not going to last for much longer, its been collapsing for the past 14 years and is now on life support in the form of permanent zero interest rates.
the only alternatives are precious metals and bitcoin.
i'd like to see you buy something on ebay with gold, bitcoin is the only option for honest money in the modern world.

Sure, paper money will crash, but it may take as long as 2075. Historically, systems as we know it, last for 200 years. The dollar and fiat money could go on for another 50-60 years easily as it crashes. We will not wake up tomorrow and say wow, worldwide money has replaced dollar. It will be extremely casual. Thats why Bitcoin as I see it is just a test for the true worldwide currency that will come in the future. Bitcoin as it is now is too monopolised, so its like 1% vs 99% again.

Hahahaha as if fiat isn't controlled by the 1%  Roll Eyes

And where did you get those facts, 200 years to a system fall?

I heard that a currency dies in around 50 years, so the dollar is pretty much a zombie right now.
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October 30, 2014, 04:46:48 PM
 #35

Although OP seems a bit overly optimistic with the "kids and grand kids writing storys"-part, he's right with his assumption that even those who buy today will be considered early adopters.

I'm not claiming to know the future. But if Bitcoin is successful it will have to scale massively. For that to happen, Bitcoin must become much more easily obtainable. All people that want to buy Bitcoin today have to take some (technological / administrative) hurdles, before succeeding. All people that are willing to put in this little bit of extra effort can be considered early adopters.

So I think it's wise to invest a little bit into Bitcoin, but not too much, so it doesn't feel painful in case of failure.

ya.ya.yo!

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October 30, 2014, 04:55:25 PM
 #36

Although OP seems a bit overly optimistic with the "kids and grand kids writing storys"-part, he's right with his assumption that even those who buy today will be considered early adopters.
...

Only if Bitcoin survives [in a meaningful way] for a few more years.  There's a [non-trivial] possibility that people buying @340 will be know for buying close to the top, like those who bought @1k.
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October 30, 2014, 05:07:25 PM
 #37

Back in the old days (April 2013), it was possible to make massive returns, or massive losses, in a matter of a few days...
Mid March 2013: $50
April 9th: $230
April 16th: $65

Now that is pumpin' and dumpin'!!!

No need to wait 5 years then.
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October 30, 2014, 05:31:14 PM
 #38

Too many people know about bitcoin already. 

 Cheesy Cheesy

TOO MANY he said



 Roll Eyes

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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October 30, 2014, 06:32:32 PM
 #39

this whole thread is top kek

By the end of next month at the latest we will have permanently left behind 3 digits. You can quote me on this.
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October 30, 2014, 06:41:02 PM
 #40

I'm the guy who buyed @ 1000 and then whatched his money slowly decreasing till now, and didn't sold.

I will not sell when it will reach 1000 again, and will not @ 10000. I will not sell when it will " crash"  back again to 3000.

When I will be billionaire, I will be more epic than " that guy"   Smiley

Roll a dice FOR FREE every hour, and win up to $200 in btc ---> CLICK HERE

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