Are new bitcoiners too late to the party? (or is this still he early stages?) - page 2.

Peter R

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Everyone who learns about bitcoin feels they were late to the party, whether that was 2011, spring 2013 or now. The crazy thing is that before you even know it, suddenly you're an earlier adopter.

There are many chapters left in this story.

matt4054

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Quote from: bitcoinsrus on February 27, 2014, 05:37:25 AM

I happen to be a new bitcoiner and I feel that I am late to this new concept? The prices seem high and the early adopters sure have the better end of the stick?
How many people use bitcoin and how will they increase/decrease?

Has bitcoin reached highest prices or will it soon go to da moooooooooooon!

You aren't late! Welcome aboard.

But be careful, learn about Bitcoin before buying some. Do not trust by default. Realize that only you can secure your Bitcoins, or people you have legitimate reasons to trust more than yourself.

If everyone had applied that simple rule, the MtGox debacle would have been quite an insignificant event, and couldn't even have happened in the first place. If all customers withdraw all their coins from exchanges all the time, things like this just can't happen (i.e. a systematic, daily "bank run" on the exchanges I use, until I have reasonable reasons to trust them, which I don't)

That said, if you are only interested in Bitcoin as a get-rich-quick scheme in the following 3 months or so, you'll be better off going to a casino.

Cheers

bitcoinsrus

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I happen to be a new bitcoiner and I feel that I am late to this new concept? The prices seem high and the early adopters sure have the better end of the stick?
How many people use bitcoin and how will they increase/decrease?

Has bitcoin reached highest prices or will it soon go to da moooooooooooon!

Topic: Are new bitcoiners too late to the party? (or is this still he early stages?) - page 2. (Read 3674 times)