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Topic: does anyone remember... - page 2. (Read 1998 times)

legendary
Activity: 1512
Merit: 1000
June 08, 2016, 01:55:00 PM
#30
Yeah, I remember that time. They were saying those things even well before 2013, calling it a ponzi scheme, Enron 2.0, Beanie Baby fad, Tulip Mania and all other kinds of stupid shit during the previous ATH's. I remember because I started learning about bitcoins in late 2011 and was debating whether I should buy bitcoin or not. I think knowing the fact that the mainstream media are full of shit tipped me towards taking the red pill and buying bitcoin. Best decision I ever made.
hero member
Activity: 490
Merit: 520
June 08, 2016, 12:11:20 PM
#29
I wish I could say I remembered those days, but I came after those events and thus I have no idea what the board was like, and what people were saying during those times. I have done some historical research, but I can only get so much from that. It is far easier to see everything in real time, and a lot of the news articles seemed fairly over-exaggerated overall anyways. Maybe there are some more things that are accurate and weren't bad, but I have yet to find them. Every article was pushing its own agenda.
legendary
Activity: 1540
Merit: 1029
June 08, 2016, 12:08:13 PM
#28
lol yes! I remember this well. Some uneducated people still say this, as this was the talking point they heard years ago. Yet, more and more people are looking at it and knowing that it is indeed legit and here to stay.
sr. member
Activity: 854
Merit: 250
June 08, 2016, 12:06:37 PM
#27
Yes i remember very well,you can always find people who have no clue about what they are talking about even now.just ignore them history proved that they were wrong and bitcoin is getting stronger day by day.
hero member
Activity: 770
Merit: 500
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June 08, 2016, 10:49:06 AM
#26
When Bitcoin was called a scam, a ponzi-scheme, a joke? Does anyone remember back in 2013: The greater fools that ended up paying $1200/BTC? Or the time several million BTC just appeared out of nowhere and the entire system had to be restored?

no i can't remember that when these talks was alive, because  i started to use bitcoin in late 2014 only, but my friends told me about that and it was funny for me for some reason

and  i have to say that even now some people talks like that, that bitcoin is a scam, very large one, i even saw that on internet news and it is weird for me to see that peoples till talks like this
legendary
Activity: 1554
Merit: 1054
June 08, 2016, 10:38:13 AM
#25
When Bitcoin was called a scam, a ponzi-scheme, a joke? Does anyone remember back in 2013: The greater fools that ended up paying $1200/BTC? Or the time several million BTC just appeared out of nowhere and the entire system had to be restored?
i can't remember that,because at that time i not yet know and hear about bitcoin,the end of 2013 is my time,and velue at that time was $600 if i dont wrong,always happy to remember how expensive bitcoin price on that year.
Then you missed the wave when the price was $1200. I also joined earlier and the price reached $300 and unfortunately I had sold all my coins. I never heard about bitcoins being called a ponzi but it is banned in Russia, Bangladesh and some more countries.
legendary
Activity: 1232
Merit: 1029
June 07, 2016, 08:10:26 AM
#24
When Bitcoin was called a scam, a ponzi-scheme, a joke? Does anyone remember back in 2013: The greater fools that ended up paying $1200/BTC? Or the time several million BTC just appeared out of nowhere and the entire system had to be restored?

I remember not only that time but even the today's days when there are people who do the same or put in discussion the value of bitcoin as an wonderful invention and as a qualitative currency. As for the bough at that price I think that are not fools that who have bought. In the times to came I believe that it will be normal that bitcoin will be bought even with the double or the triple of that price.
People are not sure what bitcoins are and how are they invented or how the price fluctuates. Since anyone can open a bitcoin wallet and transfer coins to anyone in the world without the need to verify the source, it is considered money laundering. The price is not spoken about a lot but the source is always considered gambling websites or some illegal transfers.
legendary
Activity: 1036
Merit: 1002
June 07, 2016, 06:31:19 AM
#23
When Bitcoin was called a scam, a ponzi-scheme, a joke? Does anyone remember back in 2013: The greater fools that ended up paying $1200/BTC? Or the time several million BTC just appeared out of nowhere and the entire system had to be restored?

I dont know if i know how to use computer in that year. Almost all earning in online has accused that it is ponzi-scheme so its normal to cyberworld that they accused bitcoin before. But now bitcoin cant called a ponzi-scheme because manh bitcoin have trust on it. And if the price will down it will up again because many people thinks it is not ponzi-scheme.
legendary
Activity: 1624
Merit: 2481
June 07, 2016, 06:30:22 AM
#22
Unfortunately i didn't knew anything about bitcoins back in 2013.
I wish i already knew it there  Cheesy
legendary
Activity: 2912
Merit: 1068
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June 07, 2016, 06:25:21 AM
#21
Yes, I remember that, but the majority of completely new and enexplored thing have to go through the simillar phase. There are always people who want to diminishw the value and influence of something that maybe represents some kind of competition or threat to them or things they do. There was no difference with Bitcoin. Today there are still people who beleive that Bitcoin is a scam and something that won't last.
legendary
Activity: 3010
Merit: 1028
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June 07, 2016, 06:21:13 AM
#20
even in 2016 i've seen some news in the internet specifically in my mother language which stating bitcoin as a ponzi,they said bitcoin force the bitcoiners to buy mining rig in order to get some bitcoin and it's such a fool statement by fool person,people will judging a thing which is uncommon in their beliefs
legendary
Activity: 3472
Merit: 4801
June 07, 2016, 06:19:11 AM
#19
Or the time several million BTC just appeared out of nowhere and the entire system had to be restored?
Several million appeared out of nowhere? When and how did this happen?

https://en.bitcoin.it/wiki/Value_overflow_incident
Quote
On August 15 2010, it was discovered that block 74638 contained a transaction that created 184,467,440,737.09551616 bitcoins for three different addresses. Two addresses received 92.2 billion bitcoins each, and whoever solved the block got an extra 0.01 BTC that did not exist prior to the transaction. This was possible because the code used for checking transactions before including them in a block didn't account for the case of outputs so large that they overflowed when summed. A new version of the client was published within five hours of the discovery. The block chain was forked. Although many unpatched nodes continued to build on the "bad" block chain, the "good" block chain overtook it at a block height of 74691. The bad transaction no longer exists for people using the longest chain. Therefore, the bitcoins created by it do not exist either. While the transaction does not exist anymore, the 0.5 BTC that was consumed by it does. It appears to have come from a faucet and has not been used since
legendary
Activity: 2898
Merit: 1823
June 07, 2016, 05:33:16 AM
#18
When Bitcoin was called a scam, a ponzi-scheme, a joke? Does anyone remember back in 2013: The greater fools that ended up paying $1200/BTC? Or the time several million BTC just appeared out of nowhere and the entire system had to be restored?

Several million appeared out of nowhere? When and how did this happen?
legendary
Activity: 1792
Merit: 1283
June 07, 2016, 05:32:38 AM
#17
Yeah I remember those times, I was lucky enough to buy some Bitcoins for around 200 euro and not too long after that, the price shot up and kept rising.
I bought a new phone and cashed out most of my coins when it hit 1000 dolllars
hero member
Activity: 756
Merit: 500
June 07, 2016, 05:28:08 AM
#16
Yeah, I remember that. And at the moment the Bitcoin show evidence of all people who do black campaign against bitcoin, Instead turning using bitcoin stunned and they see the growth of the bitcoin. Once again the game system not the bitcoin can be harmful, but using bitcoin system that is very profitable when we perform in a way and a good strategy.!!
sr. member
Activity: 560
Merit: 250
June 07, 2016, 05:22:06 AM
#15
I started to use bitcoin in 2013 ... cannot forget the time when i got 1100$/btc Smiley i have had a good life . Thanks Bitcoin

sr. member
Activity: 322
Merit: 250
June 07, 2016, 04:32:30 AM
#14
When Bitcoin was called a scam, a ponzi-scheme, a joke? Does anyone remember back in 2013: The greater fools that ended up paying $1200/BTC? Or the time several million BTC just appeared out of nowhere and the entire system had to be restored?

I began to recognize bitcoin in 2015, so thankful was I using bitcoin in time many people believed in this currency. But I think they have the potential scam bitcoin anytime so be careful hehe thank you
legendary
Activity: 1988
Merit: 1317
Get your game girl
June 06, 2016, 05:55:01 AM
#13
I remember this time. Yes it was new for me a lot of open questions and doubts. I went in and I am happy about such decision.
But I do not see such big differencies today too.
Are you serious about not seeing the differences ? Right now the price is over $500 which is way too low as it as in 2013.Now $600 more as stated in the original post makes a hell lot of difference.I don't know about your statistics but certainly $500 gap is a big deal from a traders point of view.
legendary
Activity: 924
Merit: 1002
June 06, 2016, 05:43:28 AM
#12
I remember this time. Yes it was new for me a lot of open questions and doubts. I went in and I am happy about such decision.
But I do not see such big differencies today too.
sr. member
Activity: 364
Merit: 250
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June 06, 2016, 05:38:20 AM
#11
When Bitcoin was called a scam, a ponzi-scheme, a joke? Does anyone remember back in 2013: The greater fools that ended up paying $1200/BTC? Or the time several million BTC just appeared out of nowhere and the entire system had to be restored?
You don't need to look back at the old days to see those people who calls bitcoin as a ponzi. I have seen some threads similar to that claims even as of today and their reasonings and accusations are just too funny to think that they are still degrading the coins which we currently see as a successful one today.
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