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Topic: Do you remember how you feel about during 2008? - page 4. (Read 1137 times)

full member
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Merit: 144
During 2008 bitcoin still lower interested by all investor, many people do not trust about bitcoin could growing up like this year, how many people become rich person if keep investing their money on bitcoin during 2008?
I don’t know bitcoin yet that time, but after reading a lot of things about bitcoin I can say people are really don’t care about this market at all. Very few people took the risk of buying bitcoin without expecting anything, and right now they are already a millionaire. I hope this will happen again in the future, hope to see a greater price where bitcoin will create a new group of millionaire.
member
Activity: 434
Merit: 10
before I'm in bitcoin for 2 years. so in 2008-2009 I'm not yet very aware but in my presence here I am getting stronger now facing life's challenges especially today, and as I know in 2008 the life of bitcoin crystals was a lot better now than most great value and their investment has been a success, so it's a great model for everyone and hopefully it will happen again this year, 2019 will be waiting for me to be a bitcoin this year's success.
full member
Activity: 715
Merit: 102
this has been a very long time, I have no longer remembered my feelings about financial worries in 2008. I just believe that if we work hard, then we will get commensurate results.
That is just an illustration because that year was the starting point for the emergence of Bitcoin, and people who experienced that period now certainly have gained a lot of benefits, so 10 years later we can also feel the same
legendary
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Honestly people feel numb about economic crisis if you ask me. 2008 was a horrible year and 2009 was a bit the same specially at the start, it was about September or so when the crisis really hit if I am not remembering that wrong and 2009 continued to be horrible at the early days as well because of the late 2008 crisis. However just because we had seen those days and all of us felt the consequences of what banks did (still weird to think banks did a mistake and whole world paid for it) doesn't mean we will feel the same next time it happens.

If you look at the stock market drop that happened late last year you can see that they were quite similar at affect and it really hurt the whole world again but this time we were so numb that people didn't even reacted that much to it.
member
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this has been a very long time, I have no longer remembered my feelings about financial worries in 2008. I just believe that if we work hard, then we will get commensurate results.
hero member
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Leading Crypto Sports Betting & Casino Platform
During 2008 bitcoin still lower interested by all investor, many people do not trust about bitcoin could growing up like this year, how many people become rich person if keep investing their money on bitcoin during 2008?
those investors at that time did not care about the price of bitcoin and even only considered bitcoin as one of the currencies that could not have an expensive sale value and many doubted its development, and now many are sorry for not buying when the price of bitcoin is very cheap. be happy for the person who bought bitcoin in 2008 and sold it when the price could be above $18k.
legendary
Activity: 3234
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Vave.com - Crypto Casino
During 2008 bitcoin still lower interested by all investor, many people do not trust about bitcoin could growing up like this year, how many people become rich person if keep investing their money on bitcoin during 2008?
By that time I wasn't aware about bitcoin, another thing it was provided as a giveaway during those days. In specific most of the early adopters without knowing about it made investment while very few knew about the use case and made investments. None could've thought it would reach to such a level. In an article read about an early adopter selling when the price reached $100, now he felt of missing a big profit.
member
Activity: 532
Merit: 10
During 2008 bitcoin still lower interested by all investor, many people do not trust about bitcoin could growing up like this year, how many people become rich person if keep investing their money on bitcoin during 2008?
hero member
Activity: 3052
Merit: 606
In the year 2008, I was totally new to bitcoin and came to know in 2015 just, just knowing the web was created with an assortment of uses. So for history, it may just be a look at perusing and tuning in, and not understanding the advancement of bitcoin can be as huge as it is today.

The movement of the bear showcase is astonishing and can give a great deal of understanding to the individuals who are associated with web innovation, SHA256 algorithm and blockchain based projects.
Same with mine too.I have heard already bitcoin in the year 2008 but i was never that interested that time.I have never imagine that bitcoin will make a big impact on the world's economy after few years.Maybe those who have invested bitcoin in the year 2008 have gone too far already and are becoming millionaires of today.
sr. member
Activity: 826
Merit: 263
In the year 2008, I was totally new to bitcoin and came to know in 2015 just, just knowing the web was created with an assortment of uses. So for history, it may just be a look at perusing and tuning in, and not understanding the advancement of bitcoin can be as huge as it is today.

The movement of the bear showcase is astonishing and can give a great deal of understanding to the individuals who are associated with web innovation, SHA256 algorithm and blockchain based projects.
hero member
Activity: 2814
Merit: 911
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At the time I had no money so I was not personally affected by the crisis that happened at the time but I could see the lives of people getting harder especially those that had little business since they needed small loans at the time and banks were not giving loans to anyone
The banks were badly hit and they were not having money to give out in the first place and the government had to intervene and help the banks recover from their losses. I had my loss in the share market and lost a huge amount which i was able to recover later when the market reached new heights as well as the bitcoin market helped me tremendously in giving me the returns after that. Wink


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also many people that were thinking about retiring needed to postpone their retirement and some still have not retired to this date and I have doubts they will and it seems to me we are going to see a repetition of what we saw back then.
If you are talking about early retirement, yes the crisis shattered many lives but there is an age for retirement even if you are not willing to   Tongue. Comedy aside we might see financial crisis every now and then but i do not think we will see the crises of the same magnitude like we saw in 2008 in some years to come, it is a cycle and it might happen in the next twenty to thirty years or even before that time.
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Activity: 770
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Trphy.io
I did not experience the bitcoin price situation in 2008 because I have only joined the bitcoin world and crypto currency since 2016,
but I once learned about the state of bitcoin at that time from the experience of my colleague who had joined since the beginning of bitcoin was created, but I can't regret anything, I never expected back to a time when bitcoin was cheap or expensive, I hope that in the future bitcoin prices will continue to increase.
maybe on 2018 situation in cryptocurrency market has same condition with current condition.the different thing maybe at that moment there is no insituttion investors and maybe fud not massive yet.

Cryptocurrency market change a lot in 10 years. Early 2017, crypto market cap value still below $100billions and reach peak value at $800billions and now $135billions. Its change because market condition or news. Crypto will growing bigger because already recognized by financial institution
Yes it has been changing since long and it will keep changing this way., we should hope for the best, 2018 price was low but last year it was high so I was sure in next year price of bitcoin will be normal once again so no fear only I was holding and waiting for best time again to sell at high price, that’s why I am happy I have my bitcoin save and still I am not selling but holding patiently.
from where you have confidence in it. I don't think anyone knows exactly when that time will come. I think strengthening psychology is better, to wait for that moment to come
member
Activity: 448
Merit: 10
I did not experience the bitcoin price situation in 2008 because I have only joined the bitcoin world and crypto currency since 2016,
but I once learned about the state of bitcoin at that time from the experience of my colleague who had joined since the beginning of bitcoin was created, but I can't regret anything, I never expected back to a time when bitcoin was cheap or expensive, I hope that in the future bitcoin prices will continue to increase.
maybe on 2018 situation in cryptocurrency market has same condition with current condition.the different thing maybe at that moment there is no insituttion investors and maybe fud not massive yet.

Cryptocurrency market change a lot in 10 years. Early 2017, crypto market cap value still below $100billions and reach peak value at $800billions and now $135billions. Its change because market condition or news. Crypto will growing bigger because already recognized by financial institution
Yes it has been changing since long and it will keep changing this way., we should hope for the best, 2018 price was low but last year it was high so I was sure in next year price of bitcoin will be normal once again so no fear only I was holding and waiting for best time again to sell at high price, that’s why I am happy I have my bitcoin save and still I am not selling but holding patiently.
member
Activity: 840
Merit: 10
I did not experience the bitcoin price situation in 2008 because I have only joined the bitcoin world and crypto currency since 2016,
but I once learned about the state of bitcoin at that time from the experience of my colleague who had joined since the beginning of bitcoin was created, but I can't regret anything, I never expected back to a time when bitcoin was cheap or expensive, I hope that in the future bitcoin prices will continue to increase.
maybe on 2018 situation in cryptocurrency market has same condition with current condition.the different thing maybe at that moment there is no insituttion investors and maybe fud not massive yet.

Cryptocurrency market change a lot in 10 years. Early 2017, crypto market cap value still below $100billions and reach peak value at $800billions and now $135billions. Its change because market condition or news. Crypto will growing bigger because already recognized by financial institution
hero member
Activity: 1092
Merit: 501
I did not experience the bitcoin price situation in 2008 because I have only joined the bitcoin world and crypto currency since 2016,
but I once learned about the state of bitcoin at that time from the experience of my colleague who had joined since the beginning of bitcoin was created, but I can't regret anything, I never expected back to a time when bitcoin was cheap or expensive, I hope that in the future bitcoin prices will continue to increase.
maybe on 2018 situation in cryptocurrency market has same condition with current condition.the different thing maybe at that moment there is no insituttion investors and maybe fud not massive yet.

You cannot compare bitcoin from 2008/2009 with 2018/2019. In 2009 Bitcoin was just started and no one knows the potential of it. In the present year, we have realize the true benefit of bitcoin and it is slowly being adopted by the society.
Well we compare because it is very important to know if price of bitcoin is increasing with time or it is decreasing, so that’s why we are comparing both years, but in 2018 I was not worry even price was too low but still I was holding and I was waiting for this time to when it will start increasing once again so here we are in 2019 gradually everything is being normal once again.
full member
Activity: 487
Merit: 115
I've known bitcoin before many other people. In 2010 I couldn't remember exactly how much bitcoin I had but it was close to almost 600. This really is the perfect experience for me. Of course, in 2010 bitcoin has not good worth compared to 2019 Smiley but it makes me happy that when I thinking of old days. No one could know that bitcoin would be so valuable in next days and of course me too didn't know it and I didn't hold my bitcoins Cheesy
sr. member
Activity: 1456
Merit: 359

2008/2009 feel like very special year for me, I could feel all the people around me are very different compare to before, they have a lot of worries, I overheard one of my respected senior talking about their worry about their pension, worry about the future generation, worry about their job security, a lot of worry, but as a millennial I have no clue why they're so worry about them.
To flash back it today, I'm still unable to understand all their worries, it may be the reason of age-gap, the one age group that felt stronger came from the older generation.

Well, I would like you to describe what's your feeling about 2008 and why it is so special compare to any other year like 2009,2010,2011 etc.

Also bitcoin was born in this particular year, the emotion must be so strong that it drive Satoshi to finally decide to do it.

Those investors back in 2008 didn't expect that the price of bitcoin will become profitable. All of us surprised because of its profitable value nowadays. This is the proof that the price of the bitcoin is continuing to grow up as time passing by.
hero member
Activity: 1148
Merit: 504
I did not experience the bitcoin price situation in 2008 because I have only joined the bitcoin world and crypto currency since 2016,
but I once learned about the state of bitcoin at that time from the experience of my colleague who had joined since the beginning of bitcoin was created, but I can't regret anything, I never expected back to a time when bitcoin was cheap or expensive, I hope that in the future bitcoin prices will continue to increase.
maybe on 2018 situation in cryptocurrency market has same condition with current condition.the different thing maybe at that moment there is no insituttion investors and maybe fud not massive yet.
The situation is certainly different, at that time people were not familiar with bitcoin, the number of users was still small, trust in bitcoin was still low, and so forth. lucky people who invest in bitcoin at that time. whereas currently bitcoin already has tens of millions of users, and many people believe in this investment, the only thing that is still the same is, the potential of bitcoin is still huge.
full member
Activity: 714
Merit: 114
I did not experience the bitcoin price situation in 2008 because I have only joined the bitcoin world and crypto currency since 2016,
but I once learned about the state of bitcoin at that time from the experience of my colleague who had joined since the beginning of bitcoin was created, but I can't regret anything, I never expected back to a time when bitcoin was cheap or expensive, I hope that in the future bitcoin prices will continue to increase.
maybe on 2018 situation in cryptocurrency market has same condition with current condition.the different thing maybe at that moment there is no insituttion investors and maybe fud not massive yet.

the guy above you is talking about the year 2008 not 2018 but i agree in you . the year 2018 is verry simillar on the current year that we have right now because both year have the same price  but we'll never know if 2019 will be slighty different because we still have 3 more quarters to go  .

@the op  . 2008 ?  i though bitcoin and the entire crypto universe did first start on the year 2009 ?   hmmm?

You cannot compare bitcoin from 2008/2009 with 2018/2019. In 2009 Bitcoin was just started and no one knows the potential of it. In the present year, we have realize the true benefit of bitcoin and it is slowly being adopted by the society.

and why not ? there is nothing wrong in comparing . people only compare because they see that the prices of cryptos do have a simillarities when you look at its price history  .  the price might be closely simillar but the adoption on this current year is more over compare to the past existence of cryptos  .
full member
Activity: 580
Merit: 101
During 2008 bitcoin price still at lower and many investor do not trust about how bitcoin e digital payment currency could become on higher price like now, many investor is not interested with bitcoin and altcoin investment during 2008 and many of them always invest money at ponzi project, today we have check how bitcoin price could growing up and many people trust with bitcoin and altcoin investment at the future.
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