Topic: Ever thought how did people hear about Bitcoin early? And why they stick around (Read 99 times)

Reading this thread is like reminding me of how stupid I was not buying bitcoin like 15 years back when I heard of it and had the opportunity to purchase it. Like your thread said why did those who adapted to bitcoin stick around. That’s because they weren’t seeing the present then but what the future holds.
Having full control over your own money and the freedom it comes with.
Then most of us didn’t catch this vision rather we were more eager to making more money and were more focused on what could pay off immediately. Now I live to regret every bit of it.

Best time to buy bitcoin was over 10 years ago. The next best time is now. Stop worrying about people who bought bitcoin before you and how much they might have made in profits. Today is your opportunity to start your own investment for the future. I tell newbies you haven’t missed your time to buy bitcoin, there is still a long way to go before bitcoin reaches its full potential.

Those early adopters who couldn't hold for long not because they didn't believe, but at some point, they sold for profit to eat or solve some financial problems. In doing so, they added liquidity to the market and helped distribute the coins; I believe they also deserve some recognition.

It's also worth noting that not all long-term holders did so because they wanted to; most early adopters lost their coins at some point and recovered them as Bitcoin gained popularity.

Early adopters of Bitcoin should really be commended because it means they had faith in the technology even when there was no result or testimony from another person to encourage them. I think another thing that the early adopters had is that they had the ability to bear the risk that is why they could invest in it. There are some people who must have heard about Bitcoin then but lacked the capital to take that kind of risk and because of that just decided to hold on to the information and watch the growth process. They later invested in it, because of the positive testimony from others, and because the risk is now easier to take than the first time, they have invested in bitcoin.
I was not early to bitcoin, but I am happy that I later heard about it.

This na the main aim of creating cryptocurrency, that's why most front page of decentralized wallet like myetherwallet and the rest will quote by saying "Be your own bank" nothing much, the gain gotten from increase in price comes later but not the primary reason for her establishment.

The early adopters knew exactly what it means to bring something unique in an era, Bitcoin challenges the old traditional monitory system to very simpler method to be used by all despite any criteria of humanity, that's why most crypto enthusiast keep saying "crypto did to bank what email did to postal office" because they solve a major problem in the entire world.

I want to believe that people who became successful in Bitcoin never knew that it will be like this today. Even with their previous predicament they skeptical about the technology. I won't blame them because it is their first time to see that digital currencies due exist. Anyway, what gave them little belief was the fact that at that time there was news spreading about internet money. If i could remember vividly, there was the rap artist who sang Internet Money (Lemonade (Internet Money, Gunna and Don Toliver song) but that was in 2020 when a lot of persons knew that money can be made just by being online and participating in some activities. But that believe gave room for people to see that there are good opportunities online, so they decided to give Bitcoin a periodic trial. By periodic trial i meant, a long-term view on what the value would be. Although only few people were able to hold onto it until 2020. In that 2020, amid the COVID 19 pandemic, the price of Bitcoin arose 478%, making it a $69,000 within a year of the election.

Now, think about it. What's more promising than as asset will such potential? I was still an early bird at that period. All my research only landed me to the Bitcointalk forum, where i knew about airdrops and ways to earn through bounties, but my real intention was how to mine Bitcoin or earn free Bitcoins. Not knowing those days are over. However, my biggest flex was indeed knowing about the forum, everything i own and know now was all from the forum. Throughly like you said. The communites contributed the most to what Bitcoin is and will be today and in the future.

E dey harder to believe in bitcoin when it was just created, that time e no get value and person no fit dey clairvoyant to know say bitcoin price go rise as high as e dey now, so early adopters who bought and held bitcoin, dem truly believed in am. Dem believe in the concept of freedom wey bitcoin dey give and for those wey no lose their coins and are still hodling it up until now, dem really deserve the profit wey dem go get when dey sell their coins.

I agree with you say most of di early adoptors of Bitcoin no know say di digital cash go blow up to dis level wey e de today. I believe say most of them hold am based on say na new digital money wey dem go get total autonomy over and dem go use am to do p2p transactions. I de also believe say most of di early adoptors either don sale dem Bitcoin or dem no get access to am again because I reason say di strong awareness to secure your private keys no de strong dat time. You go don hear di story for dis forum about how person take buy pizza with 10,000 BTC, I de sure say many other early adoptors spend plenty of dem Bitcoin because dem no know say di value go skyrocket to dis level wey e de today.

Many people hear about Bitcoin through different mediums, but because of di hype dat time, I believe say na through word of mouth di information take spread pass. Dat time many people think say na scam and after sometime e go crash and people money go burn, na dis wrong information make me no put interest for inside. Na later in di years Bitcoin come begin to gain reputation and most people wey de skeptical come start to de trust am. Today Bitcoin don become a store of value, dat na why di adoption de increase everyday, individuals, institutions and even country don adopt and de hodl am.

First i want to give accolades to the early adapter who contributed to both Bitcoin's initial awareness and its continued adoption.

The early adopters

Bitcoins early awareness spread gradually at the early stage but during the 2008 financial crisis, many who seek financial liberation online was desperately looking for way out of their present predication. Now the financial freedom they wanted was not just about having more money in their account but freedom to own their own money. After the introduction of Bitcoin and its whitepaper, words started spreading through some digital money clubs communities (tech enthusiast, cryptographers, influences to mention a few). That is when many person seeking this opportunity find themselves in the Bitcoin world. Most of these people heard about Bitcoin early through communities like  Reddit, Bitcointalk, and early Bitcoin IRC.

Every wondered why they stick around? Here is why!

There are several reasons why many of the early adopter stick to Bitcoin but i believe that most of them stick to Bitcoin because it represents something more than just a digital money. The freedom to have full authority over your money which consist of privacy in maximum level.

In general, the success stories like when the first Bitcoin transaction gave room for more curiosity. And as the value grew many were attracted to it and those early adopters start having profits. When people say this, others begin to believe in the potential of Bitcoin and its value as an investment entity as well as a store of value. No doubt that the Bitcoin communities, financial incentives and the trust in the blockchain has really sustained the peoples interest in Bitcoin over the years till date.

Lets discuss