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Topic: BEEN IN THIS GAME FOR 6 YEARS - page 12. (Read 2516 times)

sr. member
Activity: 1596
Merit: 335
October 15, 2019, 09:30:09 AM
#35
We all have different predictions. Some people are just afraid to take risks. However, you're lucky that you have trusted in the capability of Bitcoin. You can't blame those people who didn't believe in you. Bitcoin was really challenging to believe in before because of its volatility and instability. Things have changed and Bitcoin has now gained the trust of people.
full member
Activity: 532
Merit: 100
PrimeDAO - An Adoption Engine for Open Finance
October 15, 2019, 08:44:49 AM
#34


I told some friends in 12/2015 that btc in few years will be 10 k . I am no market analyst I just based it on scarcity. Those same friends bought in 2017 and called me thinking I knew what the next target is and I told them shit, I got lucky I have no idea. Four years later  and now I am thinking scarcity again and 95k in a few years is my next prediction because why not we all love a number to gravitate to.


$ 95k Huh I think this is crazy. Although bitcoin is a high price, you should know that bitcoin is bumping in price. it's completely worthless and this is just a kind of manipulation tool.
When purchased at higher prices, people are more afraid of rekt. I think bitcoin only has the highest price of $ 8k.
hero member
Activity: 2604
Merit: 816
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October 15, 2019, 04:04:37 AM
#33
Because in 2016, people don't see the chance for bitcoin to increase high, so people laugh at him. That is normal because they think that bitcoin can't survive for a long time. But after they see the reality and see that bitcoin increased so high, they will not laugh, and instead, they will buy bitcoin at any price. That happens too in many places because people still using a traditional way to make money. They don't realize that bitcoin can help them to produce money, and even it will bigger than what they did.

We can educate them to learn bitcoin, but it's up to them to buy bitcoin or not. If people still prefer doing their work in a traditional job, then we cannot do anything. Let them decide, and meanwhile, we can continue for what we did, and we keep trying to make money from bitcoin.
hero member
Activity: 2128
Merit: 520
October 14, 2019, 11:42:07 PM
#32
There's a lot of people who've been involved in cryptocurrencies for several years now, and we've all seen and heard stories of people buying BTC when it's sub 2,000, 1,000, 100 and then making millions of profit later on.

I don't think you can rely on anyone's prediction at all except your own, most of them are just random guesses (like your estimate of 10,000) and technical anaylsis works, but isn't always correct in this industry.
Predictions based from past experienced have a higher chance if being analyze by knowledgeable people from the industry, though you are correct that there's no accurate position to be made. Everyone's opinion is valid if they are using technical analysis and they've interpret the market on their own.

Your hard research  will help you get something good out from the market, if you will pay attention to every single details that affects the movement, then you are still good to go.
hero member
Activity: 1008
Merit: 511
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October 14, 2019, 11:27:46 PM
#31
Well we can't please everyone to buy Bitcoin instead we can educate them to learn how this system works so they will knew about the benefits they could get from getting involve, I've been exposed to this super volatile market for almost 3 years and I have experience the ups and down during those years.

Having patience and trust in the system will be the key to become successful on your journey in crypto industry, we still have a long way to go for the mass adoption and we will see a lot of changes during the process but be proud of yourself since you are amongst the early adopters of this future technology.
hero member
Activity: 952
Merit: 513
October 14, 2019, 11:03:11 PM
#30
There's a lot of people who've been involved in cryptocurrencies for several years now, and we've all seen and heard stories of people buying BTC when it's sub 2,000, 1,000, 100 and then making millions of profit later on.

I don't think you can rely on anyone's prediction at all except your own, most of them are just random guesses (like your estimate of 10,000) and technical anaylsis works, but isn't always correct in this industry.
sr. member
Activity: 2254
Merit: 258
October 14, 2019, 10:45:10 PM
#29
Lot of people are making price predictions and many years ago I did as well.However, I stopped thinking in fiat and only thought about stacking stats. In the end we are part of a financial revolution much like Tesla in cars- uber in taxis.The financial market is in a recession when you have bankers, government official telling you we are doing great it's to cover up the truth.

I told some friends in 12/2015 that btc in few years will be 10 k . I am no market analyst I just based it on scarcity. Those same friends bought in 2017 and called me thinking I knew what the next target is and I told them shit, I got lucky I have no idea. Four years later  and now I am thinking scarcity again and 95k in a few years is my next prediction because why not we all love a number to gravitate to.

In 2016 saw a youtube video, and in there was a Chinese mining operator that did not speak english well  but would say just buy 1 BTC and many people laughed at him dunno if it was because of his accent or because he was a miner  promoting BTC. I thought about that back than and realized that 1 btc is attainable at 500 usd.

I would tell family and friends and got  a response like I will wait till it comes down.  If those people listened 1 year later would have profited well. Now I tell friends  .1 BTC  I  think for many that is attainable, now the response is did bitcoin not crash. My point is that I think if we educate fundamentals which is tough we might win some hearts.

You are lucky to have believe and actually predicted Bitcoin's price in 2017 but you cannot do that anymore because market is now unpredictable more than ever, it should not be because we are in massive promotion and adoption but still Bitcoin is going down.
People are still seeing volatility in the market that makes them to delay buying, which should not be the case only if they see the big picture coming.
sr. member
Activity: 1022
Merit: 256
October 14, 2019, 10:05:39 PM
#28
Had I known that Bitcoin will eventually reach the level that it is now, maybe I could have bought more Bitcoin but that is already in the past.

I keep seeing people say that, but most of them don't understand that even when they bought at what we consider very low levels today, they would have sold their coins 10-20-30% higher to secure profits. The Bitcoiners who held their coins to where we are today did so not to profit, but because they are convinced of Bitcoin's properties as decentralized money.

In the end, hindsight talk is cheap talk, what matters is that you know what the value of Bitcoin is today and that you should hold your coins firmly, otherwise you'll end up asking yourself 'maybe if should have bought more Bitcoin' once again. Bitcoin won't be a sub $10,000 coin for ever. Utilize this opportunity to hoard more.
Yes. A lot of people are complaining for not buying more bitcoin but even though there is already an opportunity in front of them, they still didn't take an action. If you are really into bitcoin investing then it would be easy as pie for you to buy bitcoin regularly and hold them despite of the price fall and you will not be tempted to sell at a small profit margin.

Actually that's the irony for normal people, if bitcoin price is on top, they're all eager to buy even at the peak but when price is dump, people don't bother to buy instead they're planning to sell. Those people don't know and understand the accumulation stage for bitcoin and to seize the opportunity.

If they just got to realize the chances they are wasting, they surely go crazy now.

Because they are being a flock of sheep. They do not make their own assessment and analysis of what has been happening in the crypto world. In the end, they are consumed by their emotions. When seeing green they are hopeful and yet they do not have any Bitcoin left. So they buy, and by the time they do it, the candles are already showing correction. And so they are afraid, feeling panic, that the prices will be going straight to the bottom, and so they sell. And if they will not get any mature than this, they will always get caught by this foolish cycle. 
hero member
Activity: 2156
Merit: 891
Leading Crypto Sports Betting and Casino Platform
October 14, 2019, 09:16:45 PM
#27
Had I known that Bitcoin will eventually reach the level that it is now, maybe I could have bought more Bitcoin but that is already in the past.

I keep seeing people say that, but most of them don't understand that even when they bought at what we consider very low levels today, they would have sold their coins 10-20-30% higher to secure profits. The Bitcoiners who held their coins to where we are today did so not to profit, but because they are convinced of Bitcoin's properties as decentralized money.

In the end, hindsight talk is cheap talk, what matters is that you know what the value of Bitcoin is today and that you should hold your coins firmly, otherwise you'll end up asking yourself 'maybe if should have bought more Bitcoin' once again. Bitcoin won't be a sub $10,000 coin for ever. Utilize this opportunity to hoard more.
Yes. A lot of people are complaining for not buying more bitcoin but even though there is already an opportunity in front of them, they still didn't take an action. If you are really into bitcoin investing then it would be easy as pie for you to buy bitcoin regularly and hold them despite of the price fall and you will not be tempted to sell at a small profit margin.

Actually that's the irony for normal people, if bitcoin price is on top, they're all eager to buy even at the peak but when price is dump, people don't bother to buy instead they're planning to sell. Those people don't know and understand the accumulation stage for bitcoin and to seize the opportunity.

If they just got to realize the chances they are wasting, they surely go crazy now.
sr. member
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
October 14, 2019, 08:15:26 PM
#26
Had I known that Bitcoin will eventually reach the level that it is now, maybe I could have bought more Bitcoin but that is already in the past.

I keep seeing people say that, but most of them don't understand that even when they bought at what we consider very low levels today, they would have sold their coins 10-20-30% higher to secure profits. The Bitcoiners who held their coins to where we are today did so not to profit, but because they are convinced of Bitcoin's properties as decentralized money.

In the end, hindsight talk is cheap talk, what matters is that you know what the value of Bitcoin is today and that you should hold your coins firmly, otherwise you'll end up asking yourself 'maybe if should have bought more Bitcoin' once again. Bitcoin won't be a sub $10,000 coin for ever. Utilize this opportunity to hoard more.
Yes. A lot of people are complaining for not buying more bitcoin but even though there is already an opportunity in front of them, they still didn't take an action. If you are really into bitcoin investing then it would be easy as pie for you to buy bitcoin regularly and hold them despite of the price fall and you will not be tempted to sell at a small profit margin.
STT
legendary
Activity: 4004
Merit: 1428
☠ ☠ ☠ メメ
October 14, 2019, 06:37:31 PM
#25
I was mining Bitcoin 6 years ago, the critical thing here was whether you were rich 6 years ago or not.   If you are not rich then likely you didnt keep alot of BTC around through the big ups and downs.   Its alot easier to have benefited if holding a couple hundred BTC back when it was $100 was not more then pocket change.    I would only be negative on myself for being enthusiastic on PGP a long time before BTC but not recognizing this also could be a game changer.   I still would have had no money especially but I would have taken on more risk had I thought through realistic prospects and demand might be more regular then many expected, ie. I should have been more bullish and risked more capital.
      BTC charts are alot more chaotic then almost any other market I can think of, alot of people get thrown off this rollercoaster.  On that basis I think it confuses many so theres tons who still dont think anything of BTC is more then digital beanie babies or something to dismiss and will be replaced easily.

Quote
now the response is did bitcoin not crash.

This would be unfair criticism of anything really.  Bitcoin itself has been fairly solid for a long while, the price going up and down is a market mechanism that serves a purpose and is not a negative.   If the BTC price has to be low to get more people involved then so be it, nothing there to criticize and that we have people too focused on price going up is really the only negative imo.
legendary
Activity: 2170
Merit: 1427
October 14, 2019, 06:34:30 PM
#24
Had I known that Bitcoin will eventually reach the level that it is now, maybe I could have bought more Bitcoin but that is already in the past.

I keep seeing people say that, but most of them don't understand that even when they bought at what we consider very low levels today, they would have sold their coins 10-20-30% higher to secure profits. The Bitcoiners who held their coins to where we are today did so not to profit, but because they are convinced of Bitcoin's properties as decentralized money.

In the end, hindsight talk is cheap talk, what matters is that you know what the value of Bitcoin is today and that you should hold your coins firmly, otherwise you'll end up asking yourself 'maybe if should have bought more Bitcoin' once again. Bitcoin won't be a sub $10,000 coin for ever. Utilize this opportunity to hoard more.
hero member
Activity: 1638
Merit: 518
October 14, 2019, 04:41:54 PM
#23
well, good words btw.
i also already joined this game since 6 years ago.
but,sadly,I didn't think that far ahead
when i get some btc, i sell it to buyers in my country,well on that time There are no official buyers.
if i think back, i've a lot of btc from giveaway,twitter quiz , many more.
i believe you have a good mindset.
and I believe you are older than me Grin
sr. member
Activity: 1078
Merit: 354
October 14, 2019, 04:39:55 PM
#22
Most old timers are just lucky folks that got referred to Bitcoin by an ad or through the thousands of online articles.

I don't know, I think that's being a bit harsh, they still had to take the decision to buy in.

I am one of those who heard about it fairly early, but didn't buy in until much much later. I think the first article I read explained about how bitcoin was mined by solving maths puzzles, and I just thought why? I didn't understand the proof-of-work concept, and I couldn't see the point. I barely skimmed the surface, and was too lazy or too dismissive to research further, and as a result I didn't buy in until much later, when the prcie was much higher. At least I missed Mt Gox though... that must have been hell to go through.
hero member
Activity: 1246
Merit: 534
October 14, 2019, 04:31:42 PM
#21
I've only been in since the start of 2017, so a comparative youngster amongst the old-timers Smiley
I've gone from being excited about the price rises and thinking they would never end, to a more realistic and longer-term view now. It's probably the same for everyone that the longer you're in, the more ups and downs you experience first-hand, and so the more you look towards the longer-term view.
It is a good sign that many old-timers are still around. It goes to show that crypto still has a very bright future, and yes, even in late 2019 we are really still in the early days. There is so much more to come from crypto, the untapped potential is just huge, and we have scarecly touched the mainstream yet in terms of proper real-world use.

Most old timers are just lucky folks that got referred to Bitcoin by an ad or through the thousands of online articles. The true winners are those that came early, mined early, and held on to those mined coins with balls of steel. Yes this is still the early days and those old timers that won would continue to be here for a long time. But even then, those people would not have hoped in their wildest dreams that this piece of code that they own virtually could one day be worth nearly $20,000 that is crazy. So what happen in future 10 years. is also going to be same crazy. maybe more.
sr. member
Activity: 1078
Merit: 354
October 14, 2019, 04:25:40 PM
#20
I've only been in since the start of 2017, so a comparative youngster amongst the old-timers Smiley
I've gone from being excited about the price rises and thinking they would never end, to a more realistic and longer-term view now. It's probably the same for everyone that the longer you're in, the more ups and downs you experience first-hand, and so the more you look towards the longer-term view.
It is a good sign that many old-timers are still around. It goes to show that crypto still has a very bright future, and yes, even in late 2019 we are really still in the early days. There is so much more to come from crypto, the untapped potential is just huge, and we have scarecly touched the mainstream yet in terms of proper real-world use.
legendary
Activity: 3122
Merit: 1398
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October 14, 2019, 04:08:05 PM
#19

I like your positivity. On the bright side, we really do have lots of reasons to become optimistic and positive about bitcoin's future. Honestly, coming from a big crash during the 2018 year-long bearish market, who will think that a year later, bitcoin will breach again the over $10,000 to $14,000 level, even that was just a product of hype.

Now for the people that literally gave up after that big crash, no need to pursue them and convinced them to re-enter the game. Even how positive we are on our predictions, those people will just listen to us but never will be serious about it. I can't blame them as crypto is really volatile, others being wrecked and start from scratch after a big loss. They didn't understand that it needs tons of patience before they will see a good result. They think that earning money through bitcoin in the year 2017 is easy as 1,2,3.
legendary
Activity: 1652
Merit: 1483
October 14, 2019, 03:45:34 PM
#18
In 2016 saw a youtube video, and in there was a Chinese mining operator that did not speak english well  but would say just buy 1 BTC and many people laughed at him dunno if it was because of his accent or because he was a miner  promoting BTC. I thought about that back than and realized that 1 btc is attainable at 500 usd.

I would tell family and friends and got  a response like I will wait till it comes down.  If those people listened 1 year later would have profited well. Now I tell friends  .1 BTC  I  think for many that is attainable, now the response is did bitcoin not crash. My point is that I think if we educate fundamentals which is tough we might win some hearts.

people are still so dismissive. tbh, the herd won't come around until it's painfully obvious. that's how markets go. convincing just one or two people in your life would probably be overcoming the odds.

and that's why there's obviously still so much potential upside: if people are still skeptical, it means they haven't bought in yet. if bitcoin were already totally mainstream and everyone treated it like gold or blue chip stocks, the speculative investment aspect would be much more limited. like any speculative venture---once it's not risky anymore, the gains have already been had. it pays to be an early adopter.
hero member
Activity: 2856
Merit: 783
Burpaaa
October 14, 2019, 11:41:31 AM
#17

You must understand that we don't have to explain it to everyone, keep on earning and your success will be enough for them to understand what Bitcoin and cryptocurrency really is.

There are tons of way to do researching now, let them use their time efficiently. Tell them once , if they got curious then allow them do the research if not then don't mind them. People now should take advantage on this era of technology and internet . A simple introduction that will make them curious is more than enough for them to learn and to have guts to do research that can make them realize its important. And that's what blockchain and crypto is preparing for to make them amazed and curious.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
October 14, 2019, 10:21:41 AM
#16
It's good that you have this sense of belief that bitcoin will make it big as time passes by. However, the talks of scarcity being the only metric you are using to measure its future valuation isn't enough, as scarcity should always be paired with demand for the price to skyrocket. One should also wish for adoption to pick up the pace and help us get through those questionable price ranges that the naysayers are throwing at us before the 2017 bull run occurred. I'm more into the integration of cryptocurrencies in different facets of the economy rather than just it being a vehicle of investment for a select few who understands the market.
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