johnyj
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Activity: 1988
Merit: 1012
Beyond Imagination
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December 07, 2014, 04:27:26 AM |
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It is always a confidence holding bitcoin and knowing that you are holding a fixed percentage of the total money supply and no one can inflate the supply to dilute your holding's value. Even gold/diamond can not achieve this
Of course the biggest concern is security, this part is extremely troublesome to deal with, so far no solution can be as good as old banks: Without a powerful security solution, who dare to walk on the street with 1000 coins without a bodyguard? (Like in the film IN TIME)
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jonald_fyookball
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Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
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December 07, 2014, 05:37:07 AM |
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It is always a confidence holding bitcoin and knowing that you are holding a fixed percentage of the total money supply and no one can inflate the supply to dilute your holding's value. Even gold/diamond can not achieve this
Of course the biggest concern is security, this part is extremely troublesome to deal with, so far no solution can be as good as old banks: Without a powerful security solution, who dare to walk on the street with 1000 coins without a bodyguard? (Like in the film IN TIME)
Why would you walk around with 1000 BTC? Put them in cold storage.
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lyth0s
Legendary
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Activity: 1260
Merit: 1000
World Class Cryptonaire
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December 07, 2014, 06:04:10 AM |
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I can't say it enough..
Don't. You are going about it the wrong way. I love Bitcoin. I tell everyone about it. To some, I know they think I'm crazy. Like if I'm trying to get them into Herbalife or some other Pyramid Scheme.
It is. I've been in it since 2011. Back when everyone called me crazy when it was $3 per Bitcoin. Everyone came back to me after the news hype/$1000 per Bitcoin in 2013.
For argument's sake may I remind you that your account is from 2012 not 2011. (Sure you got in before that). I owned 1/1000th of the mining network at one point this year, had 1000 Bitcoins in 2011 (yes, sold at a slightly higher price), and have done countless low cost transactions.
1/1000th of the mining network huh? Must be a great achievement....... Anyways.. I love it, love the anonymity, I hate the banks, love freedom, love Bitcoin.
I love it too Josh, and hate the banks and all that, but you have failed to understand that there is no anonymity in Bitcoin. There is probably a reason why you posted this thread and it is not because you love Bitcoin. It is because you fail to understand why nobody pays attention to you - like the other early adopters. That is because they actually understand Bitcoin. Cheers.
Your welcome. Now please spend some of your "wisdom" to actually help promote Bitcoin rather than your image. I did a lot of my bitcoin trading on the bitcoin web of trust IRC wayyy before I even knew that bitcointalk.org existed. I've actually never even directly bought btc through these forums. The WoT was used wayyy more for bitcoin trades than forums in the past. With that being said I'd guess the OP also bought btc through the WoT in the beginning.
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XeloriA
Newbie
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Activity: 16
Merit: 0
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December 07, 2014, 06:09:53 AM |
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i also love bitcoin..haha..it easy to easy to get just do some task
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fryarminer
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December 07, 2014, 06:17:53 AM |
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Gold is so yesterday. Bitcoin is amazing! Its going to be the game changer of the future!
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lyth0s
Legendary
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Activity: 1260
Merit: 1000
World Class Cryptonaire
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December 07, 2014, 06:38:10 AM |
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Gold is so yesterday. Bitcoin is amazing! Its going to be the game changer of the future!
Probably. But it is always a good idea to diversify too.
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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December 07, 2014, 07:23:42 AM |
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I can't say it enough..
I love Bitcoin. I tell everyone about it. To some, I know they think I'm crazy. Like if I'm trying to get them into Herbalife or some other Pyramid Scheme.
I've been in it since 2011. Back when everyone called me crazy when it was $3 per Bitcoin. Everyone came back to me after the news hype/$1000 per Bitcoin in 2013.
I owned 1/1000th of the mining network at one point this year, had 1000 Bitcoins in 2011 (yes, sold at a slightly higher price), and have done countless low cost transactions.
Anyways.. I love it, love the anonymity, I hate the banks, love freedom, love Bitcoin.
Cheers.
Yup I know what you are talking about. Was there when bitcoin hit $31, then $2, then $2, $3, $4.... the rest is history. Watching bitcoin grow is like watching a child grow.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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feryjhie
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December 07, 2014, 04:44:21 PM |
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If at that time I already know and have 1000 bitcoin, then I am selling at a price of $ 1000. Maybe my life at this time will be more established that's the reality has always been short of expectations
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botany
Legendary
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Activity: 1582
Merit: 1064
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December 08, 2014, 11:03:30 AM |
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If at that time I already know and have 1000 bitcoin, then I am selling at a price of $ 1000. Maybe my life at this time will be more established that's the reality has always been short of expectations In hindsight, everything looks easy. If we all had got into bitcoins at a few cents and got out at $1000, we wouldn't have had to work any more.
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rgenito
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December 10, 2014, 12:22:13 AM |
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Awesome! That's great you've written about this. Sometimes people do think you're trying to sell them herbalife's bs. I have found that when you are honest, let them know you're just enthusiastic, AND if you can tell them how they will benefit (this requires you to understand them), then they are even more excited about it I have yet to write an article about this. I don't write, and i'm not a great writer, but I know I'm able to help newbies appreciate Bitcoin. Thanks for sharing your bit!
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rayhan
Sr. Member
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Activity: 378
Merit: 250
be your self
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December 10, 2014, 12:27:45 AM |
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hellooooo ... lend me a time machine pleaseee , i'll go back to the past and bought much bitcoin .. lol im also late to know what is bitcoin
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seriouscoin
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December 10, 2014, 12:31:04 AM |
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hellooooo ... lend me a time machine pleaseee , i'll go back to the past and bought much bitcoin .. lol im also late to know what is bitcoin late ? wtf are you smoking? Ask around to see if anyone you know use and has bitcoin. We're still early, when bitcoins being used by millions of ppl everyday, guess what bitcoin price will be?
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fabiola!
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December 10, 2014, 02:46:55 AM |
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This reminds me of that meme about apple's co founder who sold his half of Apple for $800 cause he didn't think it was gonna take off, lol. It's still early days with btc.
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Mr. Burns
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December 10, 2014, 03:03:29 AM |
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i love bitcoin, but i hate to say it, that no one called me crazy cause i never told anyone abou t it, not even my closest family members.
owned about 2750 at the peak. but sold most of it for drugs
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rayhan
Sr. Member
Offline
Activity: 378
Merit: 250
be your self
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December 10, 2014, 03:57:51 AM |
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hellooooo ... lend me a time machine pleaseee , i'll go back to the past and bought much bitcoin .. lol im also late to know what is bitcoin late ? wtf are you smoking? Ask around to see if anyone you know use and has bitcoin. We're still early, when bitcoins being used by millions of ppl everyday, guess what bitcoin price will be? yeaa sure i think im late to know about bitcoin, just know btc 1 years ago with high price .. just imagine if i knew bitcoin in 2009,, it would make me rich now :p
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ChuckBuck
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December 10, 2014, 04:13:52 AM |
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Man, 1000 Bitcoins!?? Wish I had a Hot Tub Time Machine to go back to 2011 and mine on some video cards... I'm in the same boat, I'm a believer in Bitcoin. Love everything about it. It's underlying technology, it's anonymity yet public ledger, the blockchain, the international money without borders, the potential to disrupt the existing financial infrastructure in every country, etc.. Definitely a good time to get involved. Just needs time to marinate.
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twister
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December 10, 2014, 04:28:17 AM |
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hellooooo ... lend me a time machine pleaseee , i'll go back to the past and bought much bitcoin .. lol im also late to know what is bitcoin late ? wtf are you smoking? Ask around to see if anyone you know use and has bitcoin. We're still early, when bitcoins being used by millions of ppl everyday, guess what bitcoin price will be? yeaa sure i think im late to know about bitcoin, just know btc 1 years ago with high price .. just imagine if i knew bitcoin in 2009,, it would make me rich now :p Sure but would you have really bought it then?.. You have to give it to early adopters, they bought it when others weren't buying. It's easier to say it now since you have seen it was a profitable investment but at that time nothing was for sure and they believed in it and they saw potential which others didn't and now they're getting their rewards for that. And btw I also love Bitcoin, even though I haven't seen the other side of the decimal
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malaimult
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December 10, 2014, 05:33:58 AM |
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1000btc??!!?? So you must be super rich with all the stash of bitcoin that you accumulated It depends at which price he sold. 1,000 btc isn't an incredible amount. Right. There were a number of people who sold when bitcoin hit $5.00 and when it hit $15.00 as these figures seemed even higher to many hodlers then what $1,000 is to many people today. Out of curiosity OP, at what level did you sell your 1k BTC for (if you don't mind my asking).....I am sure many people are curious to know as well
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Amph
Legendary
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Activity: 3248
Merit: 1070
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December 10, 2014, 09:47:32 AM |
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Man, 1000 Bitcoins!?? Wish I had a Hot Tub Time Machine to go back to 2011 and mine on some video cards... I'm in the same boat, I'm a believer in Bitcoin. Love everything about it. It's underlying technology, it's anonymity yet public ledger, the blockchain, the international money without borders, the potential to disrupt the existing financial infrastructure in every country, etc.. Definitely a good time to get involved. Just needs time to marinate. those 1k btc were probably made at early stage, easy and free money basically
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ChuckBuck
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December 10, 2014, 04:32:05 PM |
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Man, 1000 Bitcoins!?? Wish I had a Hot Tub Time Machine to go back to 2011 and mine on some video cards... I'm in the same boat, I'm a believer in Bitcoin. Love everything about it. It's underlying technology, it's anonymity yet public ledger, the blockchain, the international money without borders, the potential to disrupt the existing financial infrastructure in every country, etc.. Definitely a good time to get involved. Just needs time to marinate. those 1k btc were probably made at early stage, easy and free money basically Whenever I hear stories and anecdotes like this, it makes me think of those other ones like the 10,000 BTC Pizzas or the 7500 BTC wallet on a PC in the landfill. Man, those were some wild wild west days, where mining was so easy, and the value was basically pennies or sub pennies. If only we all knew what we know now, back then.
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