Topic: Don't feel bad newbies - Early adopter without many Bitcoins - page 4. (Read 15320 times)

Just wanted to say that i remember first learning about bitcoins in early 2011.. I seem to remember their price being around $11, i talked to my programmer friend and asked what he thought about it all.. he was highly skeptical about their security.. he was quick to point out to me when there was a security breach at mtgox and the price of bitcoin quickly plummeted back to pennies.. 

I have always had an interest in the decentralization and peer 2 peer aspect of the coins. I remember at the time "before" one of the first nosedives in price, i looked into to buying some but couldn't even figure out exactly the best way to do so at the time..lol, kept following the market though and checking back in from time to time.. it had been a little while since i had looked at the price until i heard about them reaching $1000+, I quickly sent an email back to my programmer friend and he was quite astonished.. he is still skeptical though..lol-- I truly think he is missing out on the opportunities in developing infrastructure in this arena.

There is nothing lost though in my belief so much.. correct me if im wrong but didn't bitcoin start the beginning of 2013 below $10? 

The price could very well drop back down below $500 or even $100 before we know it.. not that i am hoping this will happen, but if it does it would be a good buying opportunity again.

But what more important is (like you said) even at this point we are all still early adopters as these coins are still well beneath the radar of the mainstream. Just go and ask any random person you know if they have ever heard of a bitcoin or even know what one is.  Most still have no idea..

However there is still a great amount of opportunity in developing new infrastructures and position yourself in the middle of the currents early.. and capatilize on the great opportunities to come..

Look around now.. are we seeing any type of over saturation in any market or service?? I think not.

My sense of wonder was driven by photos but science never hurt anyone

More mHash/s better than k/Hash.  Therefore 32 Tb/s > 550 kg/s 7950

I just spent half an hour trying to figure that out 

Buying and HODLing seems to be king

Thanks for sharing bro.

Live and learn... forever.



And it still wins with this new miners.

There is pyramid scheme, may be not you but many others do have so many btcs!

I had to grow up :/

Really inspiring story, it helps newbie get in without an "inferiority complex" about the early adopters.

BTW, as for the pic, http://badassdigest.com/2011/09/20/the-greatest-before-and-after-picture-ever/

Wow, very inspiring story.

I'm confident that we're still only at the beginning of crypto technology.

This is the sort of technological revolution that will be written about in history books.

Bitcoin is definitely just the beginning.  Still plenty of room for us to all become very rich.

I feels yours pains bro 

I paid in dollars and have mined over 5 coins per $1299 single, so not feeling all that screwed.... though I did think it would be much more at time of order. Buying $30 coin would have won though.

Thank you for sharing your story bitpop, and I wish you all the best for the future.

It sounds like BFL screwed over many of the old timers.

I never thought about it this way. Don't come back yet satoshi!

Pretty sure that photo is older than the internet.

I've seen it too many times - calling BS on it being yours.

Yes an older photo

very nice & motivating information. Thanks.

Is that you on your avatar?

Thanks for sharing!

Sometimes losing what is valuable has a purification effect, as if learning to let go and build again is more valuable than the original loss. I've experienced similar situations, on multiple fronts, where years of work is lost, yet as a result I was reminded that my own ability to create is still very much intact.

Cheers everyone

 

this is one of the best posts I have read in awhile...

I mined a little bit back in 2011 with my 5970 and then i gave up because i thought it was useless. No idea how much I had, but in 2012 i cleaned the harddrive and sold off the computer :/