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Topic: 12 years of a Legendary post (Read 477 times)

sr. member
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Merit: 380
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July 30, 2023, 09:41:27 PM
#46
The person who predicted Bitcoin 12 years ago may have been convinced that the price of Bitcoin would reach such a level in the future. Most of the people who predicted at the time that they were right probably knew that Bitcoin would one day play a big role in the world and make people rich. Because they knew Bitcoin was serious in a wallet they held Bitcoin as their future asset yet didn't sell it. And if they make such predictions and still hold bitcoins, then there is no doubt that they are big people. Personally I believe that there are many legends in this forum who can make good predictions about Bitcoin and those predictions turn out to be correct.
legendary
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July 30, 2023, 02:02:43 PM
#45
Great job, Little Mouse, for bring that topic again to forum's attention!

It was one of the oldest topics I ever read in the past and I was always fascinated about the way the author expressed himself -- "I am pretty confident we are the new wealthy elite, gentlemen." -- he was so right about it!

What makes me sad though is the fact that the respective topic is locked, thus it can't be merited. Probably, if it wasn't locked, it would have attracted hundreds of merits until now... Just look at the number of pages that topic has -- 232 pages. And posts kept flowing from 2011 to 2018. The author was indeed a visionary. Hopefully, he is still with us and - who knows? - maybe he reads these...
legendary
Activity: 2954
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July 29, 2023, 02:32:42 PM
#44
It's not news that Bitcoin was cheaper back in the day and it's also not news that there were users that trusted it when there was no historical value to go with and acquired a large amount of it to get them their dream life.

Only a handful of people think that Bitcoin will boom and many have doubts about BTC during that early stage but BTC proves these doubters wrong though.  

It's great the poster is anonymous, privacy is very important and we would not want the wave of interview requests and attention that would follow his exposure.

Whether we wanted it or not I believe being a guest poster removes the possibilities of identifying the person.
sr. member
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July 29, 2023, 02:13:02 PM
#43
99% of the readers back then won't take the prediction serious, it's possible if I was here back then I might have sold all my Bitcoin, there is a difference between joining the race and understanding the Bitcoin itself, many people don't, most are here to make money that's how they fins Bitcoin and only very few new what Bitcoin will turn into in the future, it's also why I believe so hard that most inactive Bitcoin wallets are not completely lost unless the owners lost their lives, some people really believe in the innovation, they knew that something like Bitcoin will one day probably safe the dollar from bigger trouble.
copper member
Activity: 1498
Merit: 1619
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July 29, 2023, 10:31:00 AM
#42
Those who are visionary and open to adapt, are the one who makes the most. Wealth is another result of that in my honest opinion. And I am sure If we say something and believe it in 2023, you would surely see someone quote it and post it on social media 10 years from now, i.e. in 2033. Bitcoin is going to stay here and be part of the world economy in the upcoming years. No one will be able to stay away from it when it reaches above $100k.
legendary
Activity: 2576
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July 29, 2023, 10:30:11 AM
#41
People that understand the law of demand and supply with how bitcoin was in more than 10 years ago would have known this would happen and it happened.
In my opinion it's a little more complicated than that: just because someone creates something scarce, it doesn't automatically mean people are going to embrace it and buy it. With bitcoin is different, for sure it means being visionary, it means understanding how the current financial system is broke, it means knowing that for years and years you will have everybody against you. Many people knew about bitcoin 10 years ago and yet just a small minority chose to believe in it.
legendary
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July 29, 2023, 09:43:36 AM
#40
I see the op of that thread saying he was just a teenager and accumulated 95 BTC. I wonder what happened to that person, and were they patient enough not to sell till BTC at least got to $1k per coin.
It's impressive that someone knew and strongly believed in Bitcoin so early on, and of course we now know how right that person was. The time of such rapid growth of value is behind us, but with a long-term perspective in mind, I think we can expect a lot of great accomplishments from Bitcoin in the future as well.
hero member
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July 29, 2023, 08:31:11 AM
#39
It is good that one should follow his instinct in what he believes, and never let anyone to discourage you,just like the anonymous guest did. I can see that ever since the creation of bitcoin, there have been bitcoin lovers who knows the potential of bitcoin and they have helped the adoption of bitcoin due to their price forecast and they also tell people what they believe by encouraging them to see bitcoin has a future gold. This is the same way that we also have people who go against bitcoin no matter the positive news that they hear about bitcoin. Those adamant ones are the ones regretting now that they have missed their opportunity and they are still procrastinating. Imagine the anonymous guest with 95+btc,how wealthy he would be by now if he still hodli,but he said he will sell some and use the funds to live a flashy lifestyle. This is how those of us that sees bitcoin hitting 100k next ATH will also be happy if we can hodli and keep on accumulating more btc.

It's always discouraging to walk through an unverified track, like those years when bitcoin was birthed. A lot of people took the risk and invested into bitcoin, yet wondered and plundered over it, if it's the right decision. We still experience such things today, and such threads as this, is a prove that bitcoin is a good investment. It'll be bad with such reference, that we neglect bitcoin. Those whales today had no reference they were the pioneers, who pushed money into bitcoin and understood how it works. Hence, it's normal to undergo discouraging moments, people close to us won't think twice to reduce our moves to nothing. Because they'll always run back to do things they believe or have seen to be possible or profitable. Investors today load funds and buy bitcoin because they've seen others who made profits through it. Such threads should be encouraged and come up often times to help us continue the journey.
hero member
Activity: 560
Merit: 511
July 29, 2023, 08:03:13 AM
#38
It is good that one should follow his instinct in what he believes, and never let anyone to discourage you,just like the anonymous guest did. I can see that ever since the creation of bitcoin, there have been bitcoin lovers who knows the potential of bitcoin and they have helped the adoption of bitcoin due to their price forecast and they also tell people what they believe by encouraging them to see bitcoin has a future gold. This is the same way that we also have people who go against bitcoin no matter the positive news that they hear about bitcoin. Those adamant ones are the ones regretting now that they have missed their opportunity and they are still procrastinating. Imagine the anonymous guest with 95+btc,how wealthy he would be by now if he still hodli,but he said he will sell some and use the funds to live a flashy lifestyle. This is how those of us that sees bitcoin hitting 100k next ATH will also be happy if we can hodli and keep on accumulating more btc.
member
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July 29, 2023, 07:22:47 AM
#37


This is already history and something of a good prediction for Bitcoin that indeed came true. Must have the right vision and a very imaginative mine to make such a prediction at the time when only a very few were actually into Bitcoin and would not be so easy to be holding into something with a value nobody can be sure if will go up or not. Those who made the right decision of getting BTC as much as they could are right now smiling all the way to unexpected riches.
jr. member
Activity: 91
Merit: 1
July 29, 2023, 07:09:29 AM
#36

I always feel worried when I am out of Bitcoin, just because this fella have a vision of 10k per Bitcoin doesn't mean once that dream comes to life he will sell and never look back, I have a 100k Bitcoin dream in 2025 or 2026 and once that comes true I am selling 90% of all my Bitcoin, I am doing this to take profit and all those gains are still going back into Bitcoin, when a massive correction takes place.
Your idea is very interesting but let me reverse your formulae to - how much BTC you'll be able to BUY at that cloudless future?

Quote
My Bitcoin vision is to go full retirement, using Bitcoin at the highest bag in my portfolio,  I salute those that are early with Bitcoin, I doubt I will have the same vision at that time because Bitcoin was still very new and its survival chance will look very low.
Did you mean "have looked very low" - otherwise your comment looks both suspicious and scary in terms of Future Tense.
legendary
Activity: 2436
Merit: 1362
June 06, 2023, 06:49:22 AM
#35
Yea it doesnt matter who it was but he/she had a long term vision for Bitcoin, I wonder
if they are still in Bitcoin what they thought of the ATH? they had a vision of $10,000!

I didnt go past the first page but its interesting to read those old comments and thoughts
from 12 years ago and the 3rd poster Garrett Burgwardt from that thread was on the forum today!

People that understand the law of demand and supply with how bitcoin was in more than 10 years ago would have known this would happen and it happened. This has become the past, but can people that have just started to know about bitcoin still achieve this in the some years to come? I do not think so, I do not think bitcoin can make people rich as it was like before, but I believe that bitcoin can still go 50x or more in the next 10 years which is not small too.

Absolutely, I suppose if anyone had a good understanding of Bitcoins deflationary
system they would surely have understood the supply v demand concept. I hope
those people are still Bitcoiners.




I always feel worried when I am out of Bitcoin, just because this fella have a vision of 10k per Bitcoin doesn't mean once that dream comes to life he will sell and never look back, I have a 100k Bitcoin dream in 2025 or 2026 and once that comes true I am selling 90% of all my Bitcoin, I am doing this to take profit and all those gains are still going back into Bitcoin, when a massive correction takes place.

My Bitcoin vision is to go full retirement, using Bitcoin at the highest bag in my portfolio,  I salute those that are early with Bitcoin, I doubt I will have the same vision at that time because Bitcoin was still very new and its survival chance will look very low.

You have your vision of $100k - and beyond, just like back in 2011 as per the thread
we talk about even later years there are visionaries who can see into the future and
those who just dont get it and are doubtful to this day, I guess there will always be both,
the trick is to know who to follow!

Your plan for 2025 / 26 is not dissimilar to many others and there have been planty
of people who have been riding the waves of the Bitcoin Halving for the past ones,
probably some from the first ones, they too are visionaries just like our guest friend from 2011!

I didnt go past the first page but its interesting to read those old comments and thoughts
from 12 years ago and the 3rd poster Garrett Burgwardt from that thread was on the forum today!
It seems the user you mentioned above was still active until now, do you think still the same person behind that account, if that is so that's great.
I quickly check his profile it seems got a negative tag.


Good question SS, is it still the same person?
sr. member
Activity: 812
Merit: 315
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June 06, 2023, 06:01:14 AM
#34
Yea it doesnt matter who it was but he/she had a long term vision for Bitcoin, I wonder
if they are still in Bitcoin what they thought of the ATH? they had a vision of $10,000!

I didnt go past the first page but its interesting to read those old comments and thoughts
from 12 years ago and the 3rd poster Garrett Burgwardt from that thread was on the forum today!

People that understand the law of demand and supply with how bitcoin was in more than 10 years ago would have known this would happen and it happened. This has become the past, but can people that have just started to know about bitcoin still achieve this in the some years to come? I do not think so, I do not think bitcoin can make people rich as it was like before, but I believe that bitcoin can still go 50x or more in the next 10 years which is not small too.

Absolutely, I suppose if anyone had a good understanding of Bitcoins deflationary
system they would surely have understood the supply v demand concept. I hope
those people are still Bitcoiners.




I always feel worried when I am out of Bitcoin, just because this fella have a vision of 10k per Bitcoin doesn't mean once that dream comes to life he will sell and never look back, I have a 100k Bitcoin dream in 2025 or 2026 and once that comes true I am selling 90% of all my Bitcoin, I am doing this to take profit and all those gains are still going back into Bitcoin, when a massive correction takes place.

My Bitcoin vision is to go full retirement, using Bitcoin at the highest bag in my portfolio,  I salute those that are early with Bitcoin, I doubt I will have the same vision at that time because Bitcoin was still very new and its survival chance will look very low.
sr. member
Activity: 784
Merit: 372
June 06, 2023, 04:39:51 AM
#33
I think those who researched Bitcoin about 10 to 12 years ago must have known something about the future. Because what has been said in the past is now being implemented in the present as this post proves. (The previous OP mentioned that many discouraged me but didn't give the right mentor). And after 10 years in the future the price of Bitcoin will increase by (5-10) times more than the current time it is not a big deal. And not a little bit so I'd say the past time is not calculated now but it is certain that the price of Bitcoin will increase in the future.
hero member
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June 06, 2023, 04:30:43 AM
#32
Excellent remembrance to keep trusting the process, despite, him being a student he was able to stack some btc and strongly believed his instinct. Some would sell at 1k plus and that was a huge profit too. Those that held till the biggest ATH in 2021 should be considered pros and whales today. That was an enormous profit, just curious about their where about, though ten years is a long time, but at least visiting the forum once a while is something I'd try even in future.
jr. member
Activity: 91
Merit: 1
June 06, 2023, 04:07:00 AM
#31
This all remain true. If the person didn't got hacked, if there was no a couple of pizzas order made and if he is around this planet somewhere. Then I would join the comments for sure. Roll Eyes
sr. member
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June 06, 2023, 02:14:41 AM
#30
It seems they believe that bitcoin will develop and its popularity will continue to increase because they know and believe that the benefits of bitcoin will be needed by many people and groups. So their minds can read the future, and the future isn't over and we also have to think in the same way that bitcoin 10 years from now will be like their assessment of what happened then and now.
and at that time bitcoin was very cheap and they could get it easily in large quantities, now it's different and we can only love the bitcoins that we hold and continue to collect from every drop that happens or do DCA for the next 10 years. And we must have strong beliefs like them.
We only can look back at our pasts and feel either satisfied with success we got or regret with what we missed or lost.

No one can know what Bitcoin will become in 2023 when they lived in 2009 or 2010, 2011 and even they believed in Bitcoin, they still easily used bitcoin with amount we think are very generous or wasting in 2023.

Like now we can use 0.0005 ETH for transaction fee, what it will be in value in 2033, 10 more years? We don't know now but today it is expensive but feasible to pay. In next 10 years, if ETH has price like $20,000 or $30,000, 0.005 ETH we pay today will become very big. We pay cryptocurrency with a fiat currency price for our deal so I don't think regret is needed.
sr. member
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June 05, 2023, 09:47:01 PM
#29
I remember reading it for the first time in 2014. It was one of the threads that can be found on the top thread of Bitcoin Discussion. Lot of commenters on that thread were thankful for being at the right place at the right time, whereas there are some other people that also knew they made the right decision because they understood what bitcoin is for and believed that it will be worth something in the future. Fast forward 12 years, that 100 bitcoins would be worth at least $2.6 million by now, and I do hope that guy kept all of his coins.
That thread for me is filled with men that believed the unbelievable and acted to achieve it. Almost all of them had so much faith and confidence in the ability of Bitcoin to make them financially stable. Making such statements now will make you look like a greedy forum member that is only concerned about the profits from Bitcoin. But we are all here to learn and make profit that can make us comfortable. It was easy then to get Bitcoin like one user in the thread @JamezQ stated that he was paid 50BTC for just two hours job. It is still easy today because we can earn or buy at a cheap price this is because most of us might not afford to buy it in a few years. That thread will serve as a motivation not to stop believing and hodling because one day it will be my turn to appreciate the decision I made today.
It seems they believe that bitcoin will develop and its popularity will continue to increase because they know and believe that the benefits of bitcoin will be needed by many people and groups. So their minds can read the future, and the future isn't over and we also have to think in the same way that bitcoin 10 years from now will be like their assessment of what happened then and now.
and at that time bitcoin was very cheap and they could get it easily in large quantities, now it's different and we can only love the bitcoins that we hold and continue to collect from every drop that happens or do DCA for the next 10 years. And we must have strong beliefs like them.
hero member
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June 05, 2023, 09:44:04 PM
#28
I haven't been blessed. It was through my foresight that I saw bitcoin for how valuable it was. No man helped me along, and many discouraged me.

The person was a true imaginary because he/she predicted in 2011 that one day the price of per Bitcoin would be around $10k and the prediction came to reality in just 6 and half years. I'm not sure that wealthy that person is right now, but such people are truly gifted and they understand innovations at first glance. Back in the day many people could mine hundreds of Bitcoin with pretty decent desktop computer with a decent GPU, and none of them expected that something like Bitcoin would reach $10k or even leave that range in dust after a decade.

The person was truly a genius and we should consider them as Bitcoin masters because their predictions were pretty accurate even in those early days of this new technical innovation. I believe that even today isn't very late for those people who want to invest in Bitcoin because I'm sure that within a decade the price of a Bitcoin would easily be above $1 million, and then very few people will be among the one that we may call wealthy Bit-coiners. I'm pretty sure if someone who is young in teen age right now purchases Bitcoin and hold it for next 2 decades the guy/gal will be very rich that in his/her 40's he/she could retire without any financial worries.
jr. member
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June 05, 2023, 09:21:52 PM
#27
I like to read posts like this, since 2011? That is over 10 years. The reality is now and many are regretting not partaking, only little made the right investment back then. I wonder how wealthy such people will be of bitcoin as of today, bitcoin was around $1 in the year and anyone invested on it will gain much more. The prediction valued for $10,000 and over, but bitcoin nearly moved x6 of the prediction in the ATH, that is great luck for those who went for it.
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