8up (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 10:18:53 AM |
|
The sentiment feels much alike, when I first entered bitcoin in 2012. I bought some coins because I liked the tech aspects/possibilities of Bitcoin (I even haven't looked at any charts, when I entered back then ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) ) - compare this to the current talk about THE blockchain - especially the praise for the technological aspects of it. What I conclude from this: - It is not bubble time yet. Might take it's time (3 to 9 month). My best guess would be march.
- People will get in because they are amazed by the technological possibilities (and the conveniance compared to 2012), not beacuse of an over-hyped price!
What is your sentiment? - especially, when you entered bitcoin before the 2013 bubbles.
|
Always wrong until not.
|
|
|
alexeft
Legendary
Offline
Activity: 854
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 10:29:45 AM |
|
I tend to agree!
|
|
|
|
asdlolciterquit
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 11:20:45 AM |
|
The sentiment feels much alike, when I first entered bitcoin in 2012. I bought some coins because I liked the tech aspects/possibilities of Bitcoin (I even haven't looked at any charts, when I entered back then ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) ) - compare this to the current talk about THE blockchain - especially the praise for the technological aspects of it. What I conclude from this: - It is not bubble time yet. Might take it's time (3 to 9 month). My best guess would be march.
- People will get in because they are amazed by the technological possibilities (and the conveniance compared to 2012), not beacuse of an over-hyped price!
What is your sentiment? - especially, when you entered bitcoin before the 2013 bubbles. i wasn't here in 2012, so i ask: there were so much pessimism about btc on 2012? i don't think so.. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
|
|
|
|
sgbett
Legendary
Offline
Activity: 2576
Merit: 1087
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 11:47:37 AM |
|
The sentiment feels much alike, when I first entered bitcoin in 2012. I bought some coins because I liked the tech aspects/possibilities of Bitcoin (I even haven't looked at any charts, when I entered back then ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) ) - compare this to the current talk about THE blockchain - especially the praise for the technological aspects of it. What I conclude from this: - It is not bubble time yet. Might take it's time (3 to 9 month). My best guess would be march.
- People will get in because they are amazed by the technological possibilities (and the conveniance compared to 2012), not beacuse of an over-hyped price!
What is your sentiment? - especially, when you entered bitcoin before the 2013 bubbles. i wasn't here in 2012, so i ask: there were so much pessimism about btc on 2012? i don't think so.. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) there was plenty, and nowhere near the infrastructure reassurances that exist today.
|
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
|
|
|
sniveling
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 12:56:02 PM |
|
This post from back then seems as bearish as some of today's. Bitcoin block reward drops to 25BTC.
Most people appear to be mining/trading Bitcoin purely for profit.
Most of the hashrate is lost due to GPU miners becoming unprofitable as the price does not double, but only increases 25% or so.
Only FPGA miners and hobbyists securing the network.
This makes the 51% attack much more probable.
51% attack takes place and much trust is lost in Bitcoin.
The end?
|
|
|
|
NotLambchop
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 01:34:05 PM |
|
This post from back then seems as bearish as some of today's. Bitcoin block reward drops to 25BTC.
Most people appear to be mining/trading Bitcoin purely for profit.
Most of the hashrate is lost due to GPU miners becoming unprofitable as the price does not double, but only increases 25% or so.
Only FPGA miners and hobbyists securing the network.
This makes the 51% attack much more probable.
51% attack takes place and much trust is lost in Bitcoin.
The end?
There were people pessimistic about BTCeanie BTCbabies as an investment, and the price just kept on climbing. Those incredulous fools became the butt of BTCeanie partisans' jokes when BTCeanie prices reached ATH. And here we are, gentlemen. Take from this what you will ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs27.postimg.org%2F9tqlephoz%2Fbeanie1.gif&t=665&c=DWuOjN7Ny89ngg)
|
|
|
|
thezerg
Legendary
Offline
Activity: 1246
Merit: 1010
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 02:38:32 PM |
|
The sentiment feels much alike, when I first entered bitcoin in 2012. I bought some coins because I liked the tech aspects/possibilities of Bitcoin (I even haven't looked at any charts, when I entered back then ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) ) - compare this to the current talk about THE blockchain - especially the praise for the technological aspects of it. What I conclude from this: - It is not bubble time yet. Might take it's time (3 to 9 month). My best guess would be march.
- People will get in because they are amazed by the technological possibilities (and the conveniance compared to 2012), not beacuse of an over-hyped price!
What is your sentiment? - especially, when you entered bitcoin before the 2013 bubbles. i wasn't here in 2012, so i ask: there were so much pessimism about btc on 2012? i don't think so.. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) this is nothing compared to the pessimism then.
|
|
|
|
ThatDGuy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 02:48:54 PM |
|
This post from back then seems as bearish as some of today's. Bitcoin block reward drops to 25BTC.
Most people appear to be mining/trading Bitcoin purely for profit.
Most of the hashrate is lost due to GPU miners becoming unprofitable as the price does not double, but only increases 25% or so.
Only FPGA miners and hobbyists securing the network.
This makes the 51% attack much more probable.
51% attack takes place and much trust is lost in Bitcoin.
The end?
There were people pessimistic about BTCeanie BTCbabies as an investment, and the price just kept on climbing. Those incredulous fools became the butt of BTCeanie partisans' jokes when BTCeanie prices reached ATH. And here we are, gentlemen. Take from this what you will ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) There was people comparing Bitcoin to tulips back in 2012 too.
|
|
|
|
NotLambchop
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 02:51:15 PM |
|
... There were people pessimistic about BTCeanie BTCbabies as an investment, and the price just kept on climbing. Those incredulous fools became the butt of BTCeanie partisans' jokes when BTCeanie prices reached ATH. And here we are, gentlemen. Take from this what you will ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) There was people comparing Bitcoin to tulips back in 2012 too. Let's hope they're not going to rub it in your face once they're proven right ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
|
|
|
|
Dafar
Legendary
Offline
Activity: 1330
Merit: 1000
dafar consulting
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 02:55:47 PM Last edit: December 02, 2014, 03:06:58 PM by Dafar |
|
Are we still considered "early adopters" when there are people like you who entered in 2011 and 2013 2012 and seen 3000%+ increase in price?
I feel like we are late majority honestly, completely based on price, not acceptance
|
|
|
|
NotLambchop
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 03:03:06 PM |
|
Are we still considered "early adopters" when there are people like you who entered in 2011 and 2013 and seen 3000%+ increase in price?
I feel like we are late majority honestly, completely based on price, not acceptance
My point, pretty much. There are a few early adopters who didn't profit-take by selling on the way up. They will try to convince you that you're an early adopter. Because your hodling & buying increases the value of the stash they hold. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs12.postimg.org%2F47zuu64rh%2Fjimjones.jpg&t=665&c=1VX0KNOW79N1lQ)
|
|
|
|
ThatDGuy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 05:59:36 PM |
|
... There were people pessimistic about BTCeanie BTCbabies as an investment, and the price just kept on climbing. Those incredulous fools became the butt of BTCeanie partisans' jokes when BTCeanie prices reached ATH. And here we are, gentlemen. Take from this what you will ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) There was people comparing Bitcoin to tulips back in 2012 too. Let's hope they're not going to rub it in your face once they're proven right ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) "once they're"? They've been consistently proven wrong so far, I'm perfectly content to watch them try to make incongruous parallels and continue to be wrong.
|
|
|
|
sniveling
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 06:04:01 PM |
|
... There were people pessimistic about BTCeanie BTCbabies as an investment, and the price just kept on climbing. Those incredulous fools became the butt of BTCeanie partisans' jokes when BTCeanie prices reached ATH. And here we are, gentlemen. Take from this what you will ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) There was people comparing Bitcoin to tulips back in 2012 too. Let's hope they're not going to rub it in your face once they're proven right ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) "once they're"? They've been consistently proven wrong so far, I'm perfectly content to watch them try to make incongruous parallels and continue to be wrong. Tulips only had one big rally but bitcoin's already had more than one.
|
|
|
|
Tzupy
Legendary
Offline
Activity: 2156
Merit: 1094
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 06:46:05 PM |
|
Wrong sentiment, nothing like 2012. It should be either like June (bearish) or July (bullish) 2013, or like September (bearish) or November (bullish) 2011.
|
Sometimes, if it looks too bullish, it's actually bearish
|
|
|
NotLambchop
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 07:56:43 PM |
|
... There were people pessimistic about BTCeanie BTCbabies as an investment, and the price just kept on climbing. Those incredulous fools became the butt of BTCeanie partisans' jokes when BTCeanie prices reached ATH. And here we are, gentlemen. Take from this what you will ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) There was people comparing Bitcoin to tulips back in 2012 too. Let's hope they're not going to rub it in your face once they're proven right ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) "once they're"? They've been consistently proven wrong so far, I'm perfectly content to watch them try to make incongruous parallels and continue to be wrong. Bitcoin has been tanking for a year, so hard to say what you could possibly be trying to say here. Continue holding the bag, greater fools are essential to this market. It would have been far more difficult for me to make money if not for finance enthusiasts such as yourself losing it.
|
|
|
|
SmoothCurves
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 08:06:35 PM |
|
... There were people pessimistic about BTCeanie BTCbabies as an investment, and the price just kept on climbing. Those incredulous fools became the butt of BTCeanie partisans' jokes when BTCeanie prices reached ATH. And here we are, gentlemen. Take from this what you will ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) There was people comparing Bitcoin to tulips back in 2012 too. Let's hope they're not going to rub it in your face once they're proven right ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) "once they're"? They've been consistently proven wrong so far, I'm perfectly content to watch them try to make incongruous parallels and continue to be wrong. Bitcoin has been tanking for a year, so hard to say what you could possibly be trying to say here. Continue holding the bag, greater fools are essential to this market. It would have been far more difficult for me to make money if not for finance enthusiasts such as yourself losing it. LOL Tanking? You mean a normal market correction after 2 major rallies that took the price from $13 to $1100? You've been spending the night at Professor Bitcorn too often.
|
|
|
|
NotLambchop
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 08:11:40 PM |
|
^ Use any euphemism you wish, as long as it means "losing most of its value" ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
inca
Legendary
Offline
Activity: 1176
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 08:25:53 PM |
|
Bitcoin has been tanking for a year, so hard to say what you could possibly be trying to say here. Continue holding the bag, greater fools are essential to this market. It would have been far more difficult for me to make money if not for finance enthusiasts such as yourself losing it.
Care to prove you have in fact made a dime over the last year? You are on record for saying that you can neither make head nor tail of the market movements now the 'bigger boys' have turned up. Doesn't stop you posting negative tripe 24/7 though!
|
|
|
|
NotLambchop
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 08:41:40 PM |
|
Bitcoin has been tanking for a year, so hard to say what you could possibly be trying to say here. Continue holding the bag, greater fools are essential to this market. It would have been far more difficult for me to make money if not for finance enthusiasts such as yourself losing it.
Care to prove you have in fact made a dime over the last year? You are on record for saying that you can neither make head nor tail of the market movements now the 'bigger boys' have turned up. Doesn't stop you posting negative tripe 24/7 though! No, I don't care to prove anything to you. I'm on record as saying that since around a year ago, I have neither made nor lost significant sums, and have traded only pocket lint--AKA gambled, for entertainment. Now stop being a pest.
|
|
|
|
brg444
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2014, 08:49:49 PM |
|
Bitcoin has been tanking for a year, so hard to say what you could possibly be trying to say here. Continue holding the bag, greater fools are essential to this market. It would have been far more difficult for me to make money if not for finance enthusiasts such as yourself losing it.
Care to prove you have in fact made a dime over the last year? You are on record for saying that you can neither make head nor tail of the market movements now the 'bigger boys' have turned up. Doesn't stop you posting negative tripe 24/7 though! No, I don't care to prove anything to you. I'm on record as saying that since around a year ago, I have neither made nor lost significant sums, and have traded only pocket lint--AKA gambled, for entertainment. Now stop being a pest. Then stop being a pest. You're on this forum and post here more than most of us. You are clearly obsessed with Bitcoin. Maybe you need treatment ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs9.postimg.org%2F5pz6rr9gf%2Fbank.jpg%26t%3D546%26c%3DfhbUiUDBda33NA&t=665&c=5ZxuP3VnvkHUEg) Severe stupidity. Acute propensity to self-injure. Yup, sounds about right
|
"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
|
|
|
|