Do you remember how you feel about during 2008? - page 7.

Chikitita2004

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Quote from: Broly46 on January 31, 2019, 02:25:15 PM

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.

Psychologically, these people who worry too much about a lot of things and about the future are the people who had an economically bad past which made them afraid of the future. Most of them are afraid to experience the same bad experience so their worries are advance.
personally, these years were special to me, not because of cryptocurrency (I was not yet into it) because financially I was still good. Money was not yet too scarce in my part.

Capt00

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Quote from: Jesabela04 on February 03, 2019, 12:42:56 PM

I could feel that life during that year was too different compared to our current situation. Maybe that's because we have crypto now. I have known bitcoin years after it's released but I'm grateful on how it changed my perspective when it comes to earning and finances.

I didn't experience what is in 2008 or even in 2016, I am kind of late a bit on cryptocurrency. I have known cryptocurrency in 2017 and that time Bitcoin was very popular because of a higher value and also this forum because of the Bitcoin earning. So lucky at that time, I feel much better because I know I have always money wherever I go and that is because of bitcoin.

Jesabela04

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Quote from: Broly46 on January 31, 2019, 02:25:15 PM

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.

I could feel that life during that year was too different compared to our current situation. Maybe that's because we have crypto now. I have known bitcoin years after it's released but I'm grateful on how it changed my perspective when it comes to earning and finances.

fakegurutu

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Quote from: Broly46 on January 31, 2019, 02:25:15 PM

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.

If I had just met the person that will introduce me to the crypto world in a year 2008, maybe right now, Im already driving my lambo in our own little hometown, Its very unfortunate that Ive known bitcoin in late 2017 and in 2018, cryptocurrency experienced its massive downfall and still ongoing up to these days.

Indamuck

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Looking at back at those stock charts, the 2008 crash was nothing compared to the corrections we have seen in crypto. 80% down is just another day in bitcoin world, imagine if that happened in the stock market. There would be panic everywhere and people jumping out of their buildings.

indrakusumaindra

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Quote from: Broly46 on January 31, 2019, 02:25:15 PM

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.

Well i believe people always have a problem and they do worries about their future cause we are educated to make our future great and in fact not everyone could became success in future. I do think 2008 is a great economy problems and i do worry what my future will be. I do believe we should make a goals and make a milestones for all things that we dream of that we wanted to achive in future.

UmerIdrees

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Quote from: saffira on February 03, 2019, 10:03:18 AM

During that time I am not aware of crypto currency. I do not even heard about it. All I think at that time is to get a job and support my family. So the time that I learned about it, how I wish I knew it earlier.

You are lucky that 2018 was the start of your career with bitcoins. and i hope you have entered in the market in the last quater 2018 where by the prices were very low. If you had invested before, then you might have got bitcoins and altcoins at a much higher price and your portfolio may be at a loss in the current time.

saffira

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During that time I am not aware of crypto currency. I do not even heard about it. All I think at that time is to get a job and support my family. So the time that I learned about it, how I wish I knew it earlier.

D3m1r4wanti

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if you had a chance to feel the state of bitcoin prices in 2008/2009. so I think you won't be surprised and won't be pessimistic about the price of bitcoin and other crypto currencies now on the market.

exstasie

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Quote from: Broly46 on January 31, 2019, 10:17:15 PM

Quote from: exstasie on January 31, 2019, 07:53:21 PM

Most millennials, especially younger ones, have a lot less money saved than previous generations. Cost of living is much higher now, wages are stagnant, and consumer culture also encourages high levels of debt. That means on average, their retirement accounts are paltry, if they exist at all.

In 2008, I remember hearing the grumblings of older folks who were watching their retirement savings tank in value because they had left everything in the stock market. That's typical for 401(k) investment. Meanwhile, I didn't care because I had no retirement savings anyway. I was living hand to mouth and couldn't care less about the stock market, bailouts, or any of it.

I'm agree with it, most millenias could only get into debt, personal loan, study loan, getting married and easily piled up with so much loan that no recourse, my peer are getting 100k in scholarship in that year, but they're quickly spend it up, I'm too surprise how fast they spend the money as I thought it could be enough for a typical person to last for many years of many bills and expense, but well, not today though. I think today everyone, no limited to millenias are highly in debt, old or young all have debt.

No argument there......debt is obviously a general problem these days. But I think millennials have felt the sting most because they never had the opportunity to save like previous generations. It was ~ 2000 or so when wages decoupled from GDP and all economic growth began being swallowed up by bankers. So millennials have never known anything except shit wages and skyrocketing cost of living, in addition to being piled under debt.

repear7

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I got the first job in 2008 where there was a global economic crisis, so much economic chaos and instability where I was. I never thought about the financial future because of high inflation and bad conditions. In the following year I got to know bitcoin but not interested in learning it, never thinking in the future it will become most popular.

Broly46

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Quote from: eaLiTy on February 02, 2019, 01:28:14 AM

Quote from: Broly46 on January 31, 2019, 02:25:15 PM

That was the year the global market crashed and taking away the dreams of many people, the financial crisis has taken the entire world by storm and there is nothing you could do about it and many lost their jobs, i had some close friends in US who started driving taxis for a living as they have lost their job and the situation around the world was massive, i really lost a lot of money in stock market at that time and that is the year when the legendary white paper came out.

I think it make some sense, everyone was used to be working for dream prior to the crisis, I’m not sure what is that dream they all working for, retirement? Flying car? Fly to the moon? I think they used to be working for space travel. And that’s real many people loss their jobs and they need to find job eagerly, most likely they don’t have saving at all or want to make more money to save themselves? and I found many properties getting foreclosure, some huge constructions project halted, and people are lining up the mental clinic, I think many suffered from mental health? If you ask me whether I had that dream, I don’t have that dream, all I care about is waking up everyday and go to work to feed myself, and it is the same for all my peers too, we never talk about some kind of dream.

Commitments

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During 2008 I am still active for joining at bitcoin and altcoin, I was a student during 2018 and I am senior high school, I know about bitcoin and altcoin at the end of 2015 and make me more interested with bitcoin and altcoin investment.

Sunyoto

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I also remember my feelings in 2018, for me that year I was a little worried about my investment in krypto, because the price of krypto always dropped. But I still keep my coins at a higher price, so I also won't cut my investment profits.

aoluain

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Not everyone on this forum was aware of Bitcoin in 2008 and not everyone
would have been able to see the potential it offered.

The collapse of 2007/2008 hit me very hard, I was just after buying a house
and struggled to pay back my mortgage after I lost my job and had to work
elsewhere with lower wages. I wasnt in a position or in a mindset to think of
anything other than surviving from week to week.

If I had truly known of bitcoin and its goals and technology then I would like
to think I would have got into it.

awik p

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Quote from: Yamifoud on February 02, 2019, 03:38:20 AM

Mostly of us in here never know what exactly it happen that year(2008) and crypto/btc isn't really familiar with the community. Only we sure that 2008 crypto adoption and prices is totally too far from of what we have now.
Let us forget the past, it is already the part of crypto journey. And now, another challenge came out and lets fight for these cause we are all can benefits for this.

right, most of them don't know bitcoin at that time. but if we look at history, maybe the people at that time were retired from their jobs, with a very significant price increase. lucky for those like that, to know the technological developments earlier, so they can enjoy the results now

Yamifoud

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Mostly of us in here never know what exactly it happen that year(2008) and crypto/btc isn't really familiar with the community. Only we sure that 2008 crypto adoption and prices is totally too far from of what we have now.
Let us forget the past, it is already the part of crypto journey. And now, another challenge came out and lets fight for these cause we are all can benefits for this.

auliasilvana

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At that time in 2008, I was completely unfamiliar with bitcoin, only knowing the internet was developing with a variety of applications. So for history, it might only be a glance at reading and listening, and not realizing the development of bitcoin can be as large as it is today. The travel of the bear market is surprising and can provide a lot of experience for those who are involved in internet technology, the blockchain, and crypto.

bitcoinisbest

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Quote from: sulendra12 on February 01, 2019, 12:45:23 PM

No, I didn't know anything in 2008 back then also I didn't even know internet existed until I found it out at 2009 and I was just playing games like what other child did.
I wasn't regret I didn't know Bitcoin back at 2008 because I was still a kid and there is no reason to earn money on that time.

Many of us here would not even have known about something exists called bitcoin or cryptoo currency. exactly in 2008 was playing online games or XBOX and was enjoying the fun. Realized quote late about something exists and which has a huge wide scope and can make you millionaire or billionaire as well.

eaLiTy

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Quote from: Broly46 on January 31, 2019, 02:25:15 PM

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.

That was the year the global market crashed and taking away the dreams of many people, the financial crisis has taken the entire world by storm and there is nothing you could do about it and many lost their jobs, i had some close friends in US who started driving taxis for a living as they have lost their job and the situation around the world was massive, i really lost a lot of money in stock market at that time and that is the year when the legendary white paper came out.

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