Well, that's the reason people say time will speak the entire world doesn't even cared about this when it was Introduced. Last year it showed a massive record performance those who believed in this made huge profits and those who were making fun are still the same.
Time proves them wrong and its good that this market was able to survive even a lot of people saying negative things just to destroy the reputation of bitcoin. Now we are slowly coming back from the peak, and there’s a lot of hope this year. Bitcoin will hit the media again this year because the journey to a new ETH is about to begin. 
Topic: 2011 People Called Bitcoin's Price of $0.70 "Ridiculous"... - page 2. (Read 789 times)
Bad thing about those days is that I knew about bitcoin even those times. I even had like 6 bitcoins stashed somewhere (that I can't remember where) and I was looking at it like a game money. Kinda like wow golds or something like that, it wasn't really money to me at those times.
After that short one day or two interest I stopped caring about it until it was like 150 dollars or so in 2012-2013 times which I started back and this time I was really into it. I am still quite early to bitcoin but I could have been so much more earlier than my current stance.
After that short one day or two interest I stopped caring about it until it was like 150 dollars or so in 2012-2013 times which I started back and this time I was really into it. I am still quite early to bitcoin but I could have been so much more earlier than my current stance.
Pretty much everyone feels this way, no matter when they got involved. I've been here for almost 6 years now, and believe me, I was much more skeptical back then and missed my shot multiple times at being quite wealthy.
That's why there are millions of lost coins out there. In the early years, there weren't many people who had the foresight to predict Bitcoin's growth. Like Laszlo paying for 2 pizzas with 10K BTC. This effect lessens over the years as Bitcoin's prospects for mass adoption become stronger and stronger. It's what allows early adopters to gain so much. When the whole world is skeptical, betting on adoption is very high risk/high reward. Hardly anyone seemed to take Bitcoin seriously before 2013.
Bad thing about those days is that I knew about bitcoin even those times. I even had like 6 bitcoins stashed somewhere (that I can't remember where) and I was looking at it like a game money. Kinda like wow golds or something like that, it wasn't really money to me at those times.
After that short one day or two interest I stopped caring about it until it was like 150 dollars or so in 2012-2013 times which I started back and this time I was really into it. I am still quite early to bitcoin but I could have been so much more earlier than my current stance. Of course as everyone would assume I have sold my coins when it went up and didn't kept too much, I do not posses any amount that means anything now but at least I made a decent profit from it and I am still earning more and more each day because I believe it will be even more than current price in the future.
After that short one day or two interest I stopped caring about it until it was like 150 dollars or so in 2012-2013 times which I started back and this time I was really into it. I am still quite early to bitcoin but I could have been so much more earlier than my current stance. Of course as everyone would assume I have sold my coins when it went up and didn't kept too much, I do not posses any amount that means anything now but at least I made a decent profit from it and I am still earning more and more each day because I believe it will be even more than current price in the future.
ah, OP, why you post this....? 
Now I am shaking due to a strong feeling of missed opportunity, I need a strong drink of firewhisky
Now I am shaking due to a strong feeling of missed opportunity, I need a strong drink of firewhisky
In the past, bitcoin did not have prices like now and many people don't think like this. there is someone who exchanges bitcoin with pizza and even throws away their computers that contain thousands of bitcon.
Lol... What do y'all think?
Here is a bitcoin discussion that has been going on since 2011
https://forumserver.twoplustwo.com/30/business-finance-investing/bitcoins-digital-currency-1011408/
There are people that will claim for the rest of their lives that bitcoin is a bubble despite the evidence against it, it was true back then, it is true now and it will be true in the future, I will not be surprised if during the next years the price of bitcoin keeps growing and people begin to look for comments that were made during the bear market of 2018 and they begin to wonder what were those people thinking by believing that the price of bitcoin will keep crashing.Here is a bitcoin discussion that has been going on since 2011
https://forumserver.twoplustwo.com/30/business-finance-investing/bitcoins-digital-currency-1011408/
If you take the time to think about it you will understand why long term holders keep getting richer and richer while everyone else keeps losing money, some people are just concentrated on the current price and how much money they are losing when they should be focusing on what the price will be during the next years.
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In that year, bitcoin has not worth at all, and people don't mind to buy at that price. But if people in that time was saving their bitcoin until now, I guess they will laugh at loud because right now, they are making a million dollars from bitcoin. I guess that if in the future, bitcoin price can reach the very highest price, people in the future, will say that it is ridiculous to buy bitcoin at $3-$4k because, in their year, they won't see that price again because the price is too expensive to buy.
I think it's normal if those people says trade bitcoin is worthless because on that year bitcoin was very cheap and only several people who bought bitcoin even probably the people who bought bitcoin at that time were never be thinking to hold but i'm pretty sure those people were regret if they see the current price for bitcoin and i think they also wondering that why not buy more bitcoin at that year
lol...This has been what the naysayers have been ranting about for years now. They really are wishing for Bitcoin to go to zero so they can call ot a win on their side but they seem to forget that with every rise it comes with, people in the community grows and become stronger and I think the same thing is what we are experiencing. Recently, I read some articles saying that Bitcoin has died over 90 times in this year alone, but where are we, we're still here lol.
This thread also shows where bitcoin was in 2011 and where it`s now. Some of us point this fact all the time, but people are obsessed with price, rises and drops, they just see tops and bottoms. Reality is that we can`t compare price of bitcoin 7 years ago and now, we can`t compare popularity, usage, adoption, bitcoin is growing each year. Bitcoin died more than thousand times in 4 years as I know, fud will never stop, but bitcoin is too strong, we are still here and we will stay here.
Well, that's the reason people say time will speak the entire world doesn't even cared about this when it was Introduced. Last year it showed a massive record performance those who believed in this made huge profits and those who were making fun are still the same.
This is still very much an experiment. We are moving towards more professional world with ETF and SEC and all that but bitcoin is still nowhere near its full potential. We are dream of a world where bitcoin is used by everyone and is a common way of payment by all humans and makes it easy for banking in third world countries and allows people to connect with each other globally much easier than current system but we are not even remotely near that level.
In a world where everyone is connected by bitcoin and its low fee system it will be a lot bigger than this and of course price will be affected by it. 70 Cents people were calling it crazy because they didn't really expected bitcoin to increase and get attention to begin with, now that we know it got the attention it deserves we are now not sure if it will go any further or not.
In a world where everyone is connected by bitcoin and its low fee system it will be a lot bigger than this and of course price will be affected by it. 70 Cents people were calling it crazy because they didn't really expected bitcoin to increase and get attention to begin with, now that we know it got the attention it deserves we are now not sure if it will go any further or not.
Haha that's great. Poor guy probably sold out at 70 cents thinking he outsmarted the rest of the community
Yes, he thought that he is the smart guy during that time. But later we will know who has the last laugh.Wonder if in another 5 years we'll have the equivalent of people saying $4k is ridiculous while bitcoin sits on ATHs.
Well everything here is a cycle so I'm sure when down the line, if we go back we'll see the same sentiments and stupidity. 
it's not too silly compared to people who say the price of bitcoin will reach $ 50k by the end of 2018, don't believe anyone's words because the price of bitcoin is unpredictable.
lol...This has been what the naysayers have been ranting about for years now. They really are wishing for Bitcoin to go to zero so they can call ot a win on their side but they seem to forget that with every rise it comes with, people in the community grows and become stronger and I think the same thing is what we are experiencing. Recently, I read some articles saying that Bitcoin has died over 90 times in this year alone, but where are we, we're still here lol.
Every traders in 2011 had a mindset to that of an infant. LOL!
Since they didn't have any idea of the actual potential, they brewed up their own concoction without any base. And now they are regretting. Similarly wait for Jamie Dimon's hope to get crushed in 2020-2022 in a similar way. These nocoiners will never learn from their past mistakes.
Since they didn't have any idea of the actual potential, they brewed up their own concoction without any base. And now they are regretting. Similarly wait for Jamie Dimon's hope to get crushed in 2020-2022 in a similar way. These nocoiners will never learn from their past mistakes.
Lol... What do y'all think?
Here is a bitcoin discussion that has been going on since 2011
https://forumserver.twoplustwo.com/30/business-finance-investing/bitcoins-digital-currency-1011408/
I not only think, but also know that that Bjorn guy was simply miss informed. He was corrected already in next reply. And I am sure he valued Bitcoin after that correction accordingly.
What I love about these kinds of people is how they are eating their words now and the best part of non-believers are they haven't had a chance to get on in the profit train. As of right now haters right now are in their full spirits saying "I told you so" to us as it is the bear market. But once we get out of this it is their time to shut their mouths and eat their own words. The most important thing now is to not get affected by their words as these people tend to get the best of us which influence us to do bad decisions.
I find it even more funny when these no-coiners try to play the current prices down as something that's 'normal' to happen when it's bubbling up.
You know that when people revert to such silly arguments that they are burning, and burning hard. The currency they tried to trash talk for years keeps going up, and there is no way to stop it. Peter Schiff started his trash talk against Bitcoin back when it was $100 and is still throwing around with nonsense arguments today, which is crazy.
If history has proven one thing, then it's the fact that he should keep his mouth shut. I'm certain that even when Bitcoin reaches $100,000 he will still call it a fraud and that it will drop to $0. Every year it doesn't drop to $0 the likeliness of it to happen decreases significantly. He should know that with his economics background.
What I love about these kinds of people is how they are eating their words now and the best part of non-believers are they haven't had a chance to get on in the profit train. As of right now haters right now are in their full spirits saying "I told you so" to us as it is the bear market. But once we get out of this it is their time to shut their mouths and eat their own words. The most important thing now is to not get affected by their words as these people tend to get the best of us which influence us to do bad decisions.
Lol... What do y'all think?
Here is a bitcoin discussion that has been going on since 2011
Indeed if you believe then you will be rewarded.
In the future people may be looking at these threads thinking about how ridiculous it was when people were still thinking about buying bitcoin at $4000 when it is now priced at over $100,000. There aren't enough visionaries in the world
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