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Topic: Don't feel bad newbies - Early adopter without many Bitcoins - page 7. (Read 15327 times)

legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Respect Bitpop didn't get in too early either but decided to invest with what I have now and try to grow that amount
Alpaca Socks last for a lifetime but the Pizza did not  Wink
sr. member
Activity: 406
Merit: 250
What is truly sad is that if there wasn't people like you supporting community Bitcoin would not be what it it today. People seem to forget that.
newbie
Activity: 7
Merit: 0
i recall back in the day, like 2008/09 when bitcoin was new. i had no idea how to mine and i wasnt sure if i could do it. due to school and other stuff i never really got into it, plus not being a regular on /g/. it's hard to sometimes look back in the past and wish you could've done things differently, like actually looked into mining and trying it out.

now i'm very into mining and i'm trying my best with what i have. I hope these forums can help me solidify what to focus on and i hope to contribute some insight into what i see happening.
legendary
Activity: 1498
Merit: 1000
Wait so you are jealous cause someone came up with a good idea and sold it for a profit? LMAO glad you don't control many bitcoins cause jealousy is a horrible trait to have. Also Satoshidice has brought much press in the early days. Plus Erik is an amazing entrepreneur, he has a couple great ideas. Coinapult and feedzebirds are doing great things in the bitcoin community.
legendary
Activity: 2912
Merit: 1060
I love this post. Thanks for writing it. I've really enjoyed my adventures in bitcoin, but every now and then when I'm in a dark mood I think about the handful of decisions I could have made differently and would be so, so much better off now.

But somehow I can't be all that bitter about it; if I'd just bought and held and never done anything, I'd have missed so much -- I love watching the new hardware be developed, and it's great to be a part of the community as it figures out how to make things work, and then work better. I love this community when it's at its best, solving problems and building things and exploring new ideas and sharing the results, and always so freakin' fast!

While I could have ended up in a different place if I'd made different choices, it wouldn't have been nearly as good a journey.

Yup and you are still here at the right time, never think it's too late.
hero member
Activity: 711
Merit: 532
I love this post. Thanks for writing it. I've really enjoyed my adventures in bitcoin, but every now and then when I'm in a dark mood I think about the handful of decisions I could have made differently and would be so, so much better off now.

But somehow I can't be all that bitter about it; if I'd just bought and held and never done anything, I'd have missed so much -- I love watching the new hardware be developed, and it's great to be a part of the community as it figures out how to make things work, and then work better. I love this community when it's at its best, solving problems and building things and exploring new ideas and sharing the results, and always so freakin' fast!

While I could have ended up in a different place if I'd made different choices, it wouldn't have been nearly as good a journey.
legendary
Activity: 2912
Merit: 1060
Your story shows you care about the coin and not the latest trend.

Your "never give up" attitude will help you get back in the game just keep your head up!

 Wink

Yeah I'm still satisfied Bitcoin itself is extremely successful
hero member
Activity: 518
Merit: 501
Your story shows you care about the coin and not the latest trend.

Your "never give up" attitude will help you get back in the game just keep your head up!

 Wink
legendary
Activity: 2912
Merit: 1060
were the KNC miners not profitable?


They were but I had to sell when it was much less to pay for electricity and loan.
newbie
Activity: 57
Merit: 0
were the KNC miners not profitable?
newbie
Activity: 3
Merit: 0
Yeah, I don't have much to complain about compared to you, but I lost my wallet for around 100BTC that I GPU mined when that was still a thing. Since there is no way I can afford an ASIC I am just mining on Scrypt coins and being a lot more careful with my wallets.
newbie
Activity: 9
Merit: 0
thanks for the story.... i still kick myself for not hopping on years ago when i first came across bitcoin... hindsight... but what can you do? now my goal is to just get anything into my wallet and let it slowly build. ive put a couple hundred into it so far and its slowly building but patiently waiting for the day i can look and see 1 single solid bitcoin hahaha. i love the bitcoin community..it really is amazing how people of all walks can just find such a strong common bond with something as simple as data. i really hope a long life to btc..an eternal one!
full member
Activity: 165
Merit: 102
@BitPop I have sent u a PM. Please reply if possible.
El
newbie
Activity: 14
Merit: 0
...the past is a lesson.  The future, a promise.  In fact, we only have today to understand that the only time anything happens at all--is now.  

Understanding this either inspires you to take action when previously  you have regret, or allows you to be at peace with your choice when you made it, with all you could know, you did your best.  And that is peace of mind.  It also helps you build trust with yourself that you can make executive decisions....leading to a higher quality of life.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
keep on believing!

more and more people are getting involved everyday.

companies are investing in new hardware, software and more merchants are accepting it.

It is already a much bigger ecosystem than what it was just a couple of years ago so imagine what another 10 years could bring. By then all 20 million bitcoins would be issued with no more supplies. Surely the number of people who will be using it, trading it will be a lot higher, not to mention inflation will mean the depreciation of fiat money against the value of BTC so surely it will be worth a lot more.

I remember reading about the story of the shop that sold alpaca socks for BTC, it was a family business, where the son convinced his parents to accept BTC as payment. They must be laughing now, assuming they didn't sell all their BTCs too soon Smiley

How many years before it isn't too soon?

It is sort of the point though.  We all have less btc than we did, this is how distribution occurs.] and each become more valuable.
Prisoner's dilemma write global.  With no trade there is no value and no bitcoin.
hero member
Activity: 518
Merit: 500
Hodl!
Yah with 20/20 hindsight, I could have been a multimillionaire this year starting with a a few hundred bucks.... making every move with perfect timing.


Oh well, good luck with the mining and stick to SSDs & backups in future.

Backups yes, SSDs are inherently less reliable than regular HDDs unless you like to slam your laptop around or something, given reasonable care HDDs last decades...
legendary
Activity: 2912
Merit: 1060
keep on believing!

more and more people are getting involved everyday.

companies are investing in new hardware, software and more merchants are accepting it.

It is already a much bigger ecosystem than what it was just a couple of years ago so imagine what another 10 years could bring. By then all 20 million bitcoins would be issued with no more supplies. Surely the number of people who will be using it, trading it will be a lot higher, not to mention inflation will mean the depreciation of fiat money against the value of BTC so surely it will be worth a lot more.

I remember reading about the story of the shop that sold alpaca socks for BTC, it was a family business, where the son convinced his parents to accept BTC as payment. They must be laughing now, assuming they didn't sell all their BTCs too soon Smiley

Haha that's a millionaire farm now if they kept the btc. Nice socks!

http://www.grasshillalpacas.com/alpacaproductsforbitcoinoffer.html
newbie
Activity: 8
Merit: 0
keep on believing!

more and more people are getting involved everyday.

companies are investing in new hardware, software and more merchants are accepting it.

It is already a much bigger ecosystem than what it was just a couple of years ago so imagine what another 10 years could bring. By then all 20 million bitcoins would be issued with no more supplies. Surely the number of people who will be using it, trading it will be a lot higher, not to mention inflation will mean the depreciation of fiat money against the value of BTC so surely it will be worth a lot more.

I remember reading about the story of the shop that sold alpaca socks for BTC, it was a family business, where the son convinced his parents to accept BTC as payment. They must be laughing now, assuming they didn't sell all their BTCs too soon Smiley
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
There are those with many more missed opportunity than you.
Keep up the good work, it is rewarding. Smiley
legendary
Activity: 2912
Merit: 1060
Man your post makes me feel so good to read, I hope that doesn't mean I'm a bad person haha.  While not actively using bitcoins that early, I had dabbled into mining a couple of times around 1.5 years ago and thought about seriously investing around a year ago, then had major life situations come up and distract me and put it on the back burner to be forgotten about.  

I hope you're right about if you're seriously investing now you'll still be considered an early adopter, I agree with you on this and hope we're right so I can get that feeling out of the pit of my stomach if nothing else.  Like how could I not have invested last year, I knew about this and was a believer and KNEW it was very time sensitive.  I wish so much I would have desposited enough BTC on sealswithclubs to play some low stakes holdem, which I almost did but didn't.  That situation really makes me laugh/vomit, the total hilarity of putting like 1K to play some low/mid stakes poker for fun, only to have that money sitting in that form in my poker account not only make me so much more then anyone could feasibly ever make at those stakes but enough to make me comfortable financially for life.

I feel like for every bitcoin horror story there's a bitcoin miracle story though.  I decided a few days ago that I am investing every spare cent I have in bitcoin, possibly going to a few extremes to be able to invest more I'm not sure yet.  I honestly thought about selling my car, taking out large loans, etc.  Those seem like bad ideas but only kind of.  Either way I feel your pain man, best of luck to you!

Hey it took this far to get you interested and you're still early. Things are looking good to be extreme but always be prepared to lose it all.

Ps the goal was to make you feel good. Otherwise people look at all the early members and assume thousands btc which I wish was true Roll Eyes
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