3 years ago...let's reminisce | Bitcointalksearch.org

picolo

hero member

Activity: 1022

Merit: 500

Quote from: superresistant on August 20, 2014, 07:38:09 AM

3 years ago, I needed to transfer money without fees between France and UK.
I heard about Bitcoin from some obscure geek blog or news.
I came here. Everyone was "talking Chinese to me".
Gave me headache. I gave up.

Early 2013, big spike. A lot of news.
I look back and understand that I could've been millionaire.
Learn from my mistake : read the forum everyday and invest 100% of my FIAT to BTC/cryptos since.

Good move superresistant!

Quote from: InwardContour on July 27, 2014, 01:46:55 PM

Quote from: Bit_Happy on July 27, 2014, 09:49:46 AM

Quote from: picolo on July 27, 2014, 08:05:50 AM

...the price to go up every year

3 years from now, a much bigger group of members will be talking about the huge Rally in late 2014!

Maybe it can take some months, maybe an year, but bitcoin will surely hit a new ATH sooner or later, just hold and wait for it.

It will happen in late 2014 or 2015 but the new big rally will happen soon enough and libertarians will have the value to make their ideas known

Oldminer

legendary

Activity: 1022

Merit: 1001

Ah 2011..them was the days...

No newbs or crappy shitcoins...proudhon was there with his negative posts (which turned out to be right)...but I digress...

I recall mining 0.5BTC/day on 1 GPU..or was it 2..I dont remember...though it was fun times watching BTC price bounce around between $5 & $30..

Take me back in time & I'd make a fortune lol

superresistant

legendary

Activity: 2156

Merit: 1131

3 years ago, I needed to transfer money without fees between France and UK.
I heard about Bitcoin from some obscure geek blog or news.
I came here. Everyone was "talking Chinese to me".
Gave me headache. I gave up.

Early 2013, big spike. A lot of news.
I look back and understand that I could've been millionaire.
Learn from my mistake : read the forum everyday and invest 100% of my FIAT to BTC/cryptos since.

nuff

sr. member

Activity: 266

Merit: 250

Quote from: SushiChef on August 19, 2014, 08:38:09 AM

This newbie enjoyed the stories guys/girls. Best read so far on this forum for me +1

Those times will be recorded in history

These stories would be the stuff of legends a few years down. So glad I'm going to be part of it and have my own stories to tell other wide eyed newbies in a few years time.

"Look guys we been through this before. Just buy and hold. $5000 a bitcoin is a steal right now"

I so look forward to saying that in the near future Wink

elebit

sr. member

Activity: 441

Merit: 250

Quote from: SushiChef on August 19, 2014, 08:38:09 AM

This newbie enjoyed the stories guys/girls. Best read so far on this forum for me +1

Those times will be recorded in history

It's easy to get carried away with the doom and gloom when the price dips. Re-reading old posts with the same sentiment when the price was one tenth of today usually helps. (Especially with the then-newbies going "should I perhaps wait a bit before I buy..?" when the price was $50 or something which you'd do anything to buy for a year and a half later).

SushiChef

full member

Activity: 126

Merit: 100

This newbie enjoyed the stories guys/girls. Best read so far on this forum for me +1

Those times will be recorded in history

FreedomCoin

hero member

Activity: 675

Merit: 507

Freedom to choose

Well... about 2 years ago i was looking for a good VPN that had a anon minded log retention policy.. i came across one accepting bitcoins, bought some using a moneygram payment, was super nervous that i was going to get scammed.. but sure enough i got my bitcoins. I paid around $7 each for them.. then started mining with two 6950s, been heating my house in the winter ever since.

InwardContour

sr. member

Activity: 644

Merit: 260

Quote from: i dig bitcoins on July 28, 2014, 12:03:19 AM

3 years ago I bought 5 6970s and 2 6990s to mine bitcoins and thought I was da shitz...
Now, compared to those huge mining outfits I am just chickenshitz.

But those were good times baby seriously good times!

That was a great amount of hashpower for the time, how many coins did you mine with such hardware?
I suppose you have sold some of them, or have you holded hard?

DDBEK

full member

Activity: 182

Merit: 100

I'm sorry, 3 years ago I would not join here.
It will only let me regret.

futureazy

newbie

Activity: 56

Merit: 0

I wish I was here three years ago, holding bitcoins since now, but probably I was playing poker.

DrG

legendary

Activity: 2086

Merit: 1035

Quote from: i dig bitcoins on July 28, 2014, 12:03:19 AM

3 years ago I bought 5 6970s and 2 6990s to mine bitcoins and thought I was da shitz...
Now, compared to those huge mining outfits I am just chickenshitz.

But those were good times baby seriously good times!

Yeah but 3 years ago those 7 cards made more BTC per day than what $500K can buy today Tongue

Plus you could have played WoW or XCom on them Tongue

Ahh the power of hindsight - I wouldn't have even mined, I would have stockpiled at $2.

i dig bitcoins

member

Activity: 65

Merit: 10

3 years ago I bought 5 6970s and 2 6990s to mine bitcoins and thought I was da shitz...
Now, compared to those huge mining outfits I am just chickenshitz.

But those were good times baby seriously good times!

TheJuice

hero member

Activity: 843

Merit: 608

Quote from: proudhon on June 06, 2014, 11:19:56 AM

So, almost exactly 3 years ago a lot of us were euphorically watching as bitcoin blew through the $20 range and into the $30s. Not long after reaching nearly $33, there was a series of relatively large sell-offs into pretty thin bids, and that ultimately bottomed out around $10.

The price "recovered" to around $17 and then we were all epically goxxed with an insane hackcrash from $17 to, basically, $0. It was gut-wrenching. I was on my way to the gym when it happened and casually opened the price app on my phone to see the price was under $10. I was a little disturbed, but it's bitcoin. At another stop light I checked again and the price was under $5. That's when I called my wife and frantically attempted to explain to her how to log on to MtGox and put in a sell order...by the time she logged in the price was $0.25 and I said, "well, shit, it's pretty much all gone..."

Share your story.

I bought this dip (~2.5 usd per coin) for my first real btc investment and have never looked back. Now only if I would have pulled the trigger with $50k...

Wexlike

legendary

Activity: 1473

Merit: 1086

Quote from: Bit_Happy on July 27, 2014, 09:49:46 AM

Quote from: picolo on July 27, 2014, 08:05:50 AM

...the price to go up every year

3 years from now, a much bigger group of members will be talking about the huge Rally in late 2014!

thats a really nice thought ! i also have a feeling, that we will see new all time highs this year.

maok

sr. member

Activity: 392

Merit: 250

Quote from: Baitty on July 27, 2014, 02:00:07 PM

We can never say 'surely' as there will always be risks in Bitcoin and there will be no guarenteed result otherwise it would of already been adopted by many of the rich people in the world. It's a experiment which I think will pay off if people can hold and trade at the same time otherwise if too many hold and dont trade with it it becomes worthless.

yes everyone should be active in trading with a portion of their bitcoin stash, it provides liquidity and helps discover the real market price, otherwise Bitcoin becomes liable to market manipulation which we've seen so many times.

Baitty

hero member

Activity: 532

Merit: 500

Currently held as collateral by monbux

Quote from: InwardContour on July 27, 2014, 01:46:55 PM

Quote from: Bit_Happy on July 27, 2014, 09:49:46 AM

Quote from: picolo on July 27, 2014, 08:05:50 AM

...the price to go up every year

3 years from now, a much bigger group of members will be talking about the huge Rally in late 2014!

Maybe it can take some months, maybe an year, but bitcoin will surely hit a new ATH sooner or later, just hold and wait for it.

We can never say 'surely' as there will always be risks in Bitcoin and there will be no guarenteed result otherwise it would of already been adopted by many of the rich people in the world. It's a experiment which I think will pay off if people can hold and trade at the same time otherwise if too many hold and dont trade with it it becomes worthless.

InwardContour

sr. member

Activity: 644

Merit: 260

Quote from: Bit_Happy on July 27, 2014, 09:49:46 AM

Quote from: picolo on July 27, 2014, 08:05:50 AM

...the price to go up every year

3 years from now, a much bigger group of members will be talking about the huge Rally in late 2014!

Maybe it can take some months, maybe an year, but bitcoin will surely hit a new ATH sooner or later, just hold and wait for it.

thisisthis

member

Activity: 69

Merit: 10

Quote from: Bit_Happy on July 27, 2014, 09:49:46 AM

Quote from: picolo on July 27, 2014, 08:05:50 AM

...the price to go up every year

3 years from now, a much bigger group of members will be talking about the huge Rally in late 2014!

I really hope so, I'm holding and won't sell even if we hit single digits.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: picolo on July 27, 2014, 08:05:50 AM

...the price to go up every year

3 years from now, a much bigger group of members will be talking about the huge Rally in late 2014!

picolo

hero member

Activity: 1022

Merit: 500

Quote from: wachtwoord on July 23, 2014, 04:48:32 PM

Quote from: CoinDiver on July 21, 2014, 09:22:01 AM

Quote from: spazzdla on July 21, 2014, 08:45:43 AM

I have an bad feeling we will be re-testing the $360.. HODL.. remember 2011-2012.

2011 was a one time event. It would be very unlikely to see another drop followed by a long sustained decline again. The bubble of 2011 seriously shook confidence in bitcoin. It took a year and a half to recover. That bubble, and the two in 2013 have all tempered the market. Each new raise and drop will have that history and the inevitable rebound to consider. Of course, it's on a logarithmic scale... so it's still pretty turbulent.

Indeed. Pump and dump or ponzi schemes never recover so a tremendous amount of confidence was gained by people around the world when the price of Bitcoin recovered and beat the ATH. Every time this cycle is repeated base trust get's higher. It's kind of silly, as everyone that truly gets Bitcoin knows it's not a ponzi scheme, but that's what it is.

There has been a lot of market manipulation but it is actually players making moves and the market volatility has not prevent the price to go up every year

Topic: 3 years ago...let's reminisce (Read 12157 times)