Topic: I am so incredibly bored of bitcoin (Read 3659 times)

Just buy some coins and come back in a few years.

Early adopters made a great deal of money, late comer will not get as much reward.

There are other boats preparing to sail, don't miss those.

It takes the same efforts to believe in those boats as it took early bitcoin adopters to believe in bitcoin. But bitcoin is not going much higher, it can appreciate more, but not on the scale as some other 'boats'. So you can't get rich with bitcoin any more, only to save your money from inflation.

Im bored too because i missed the boat and im not rich, so i feel suicidal on a daily motherfucking basis.

Your life shouldn't revolve around money, whether it's bitcoin or stock investments.

Congratulations, you've taken time to learn and understand bitcoin, acquire some and maybe become comfortable spending with merchants as well.

Now move on to something else in life and learn something else new. Bitcoin will still be here in 5 years with or without you, just like gold coins or ExxonMobile stock.

anything gets tiring overtime. just take a break and comeback 10 years later

Good times will come again. Stay strong.

I'm not sure what some people think Bitcoin is.  It's not a fashion statement or a new trend, it's a safe place to potentially put ur money with ground breaking technology.  If your looking for excitement get a new hobby or learn more about a topic that you don't understand that involves cryptography.  Also please don't confuse every new altcoin with Bitcoin..  They are in no way the same and should not be lumped together as "Bitcoin."  Maybe it's just me but the OP just comes off as fud light even though I personally tend to agree with some of the points in the post. 

No, you should live and learn. Bitcoin won't make you rich though.

Somewhat legit. The wait is going to be so slow while early adopters (real early adopters not us) enjoy bing filthy rich. I missed the boat, barely only have 1 BTC. Just kill me.

I think it's exciting and holds a lot of promise, but a revolution in the way people think about money and a paradigmatic shift and overhaul of the most entrenched institution of the world will take some time to dovetail into expectations and the technological promise. 

Nothing groundbreaking will happen in Bitcoin, true.
So what's wrong with PoS?


Can't be true. Overall tone about the boredom of Bitcoin may have been the same, but 2-3 years ago some of the crypto technologies that exist today simply didn't exist. Apparently you guys don't investigate the crypto industry deep enough and only scratch on the surface. There is a lot of exciting things coming up this year. But not in Bitcoin. Bitcoin is stagnating, it's a relict already.

Lots of truth here.  Personally, I don't think I've ever been as excited about anything and needing to learn/read/do all the time as I was when I first discovered Bitcoin.  Anyone will get burnt out at that rate.  I'm still very excited about it, but it's just a bit muted - since I've been through a few cycles now and am able to relax and enjoy more during the corrections and downturns.

That said, I remember things being very boring last summer too.

Go back and read threads of this sub from 2-3 years back.  Hilarious and enlightening.  Also, scary to notice that absolutely nothing has changed about the dialogue 2-3 yrs ago as opposed to today.  Without the post dates and price quotes, you'd think you were reading threads from this past year.

One major thing to notice from those old threads, is the posters' names.  Most of them no longer post in this subforum.  Reason?  They probably got bored of this sub after 9-12 months.  Or sold out, or pissed away all of their bitcoin and/or lost an interest in bitcoin.  Or all of the above.

See the point is, bitcoin has these extremely once-a-year rare moments of excitement, followed by months and months and months and months of downturn, trolling, bearishness, and boring-ness.  It's all just noise in between the spikes.

So if you don't find something else in it to keep your interest, or find something else to do in the meantime, you'll likely be gone from here soon as well.  Just like all those other posters from years back.

Final thought: Stay away from the never ending altcoin scene, it'll drive you insane.  There will be no end to the madness of the next "shiny new" overkill shit coin coming out every month for years to come.  Right now we might have hundreds of shit coins, in a few years we could literally have thousands.

Already done that, i have olympic equip at home and a quite good record regarding my lifts. But thank you, nice try.


A rolling stone gathers no moss.

I have an idea for excitement: start going to a gym and lifting weights. Then as the weeks go by you can keep looking in the mirror and admire the growth in your muscles. Then before you know it, you've added 5-10 lbs of muscle and the price of Bitcoin is making another run allowing you to have both money and muscle and you can bang any chick you want.  You asked for it.

Yep that's 0.8% profit right there

I guess a sign of growing maturity is boredom.  I'm a hell of a lot more boring now than I was 10 years ago.  I agree bitcoin while in no way mainstream is a lot less exciting, but then, how many forums are there on current US paper money?   

I think one of the last exciting ideas for cryptographic private keys was the use of a private token stored in your car keys. And therefore the need of the private token to start your car, or "selling"(=transfering the token) over the blockchain. That is cool stuff. But it's boring now - someone has to implement it. And that takes time.


I was trading too, a few altcoins. Made nice profit last month. But now the altcoin market is dead. And i am not as stupid as Matthecat to try to play the daytrading bitcoin game. A whale would eat me the second i step into the ocean. (You have to admit your limits at some point)


Thank you, i do not invest more than i can afford to lose and i will never sell with a loss. No one will ever make me sell my coins until they reach my desired price point. For me, there is no panic selling. These are just new buying opportunities, that i am willing to take.


Not yet, but in the future i will buy a broadwell cpu for myself with bitcoins.


That is the correct attitude. The longer the price doesn't move, the more bitcoins i will hold.


I have more fun watching my stash of coins grow every day. This gives me some kind of deep satisfaction.


Oh, i am. Don't worry.

You need to take a long break from all things bitcoin and in particular stop reading the speculation forum. Later on the excitement will return, in the meantime find something else to do during the doldrums.

Yes, it's boring like Jan - Aug 2012 was boring. Price was range-bound ($4 - $8, IIRC). The only thing happening was that more and more smart people were working to build products and services that enabled humanity to capitalize on the best form of money ever invented.


Edit: If you're not still at least a little bit in awe of how bitcoin essentially solves money perfectly, then you're probably missing the point of money in general to some degree.

Holding onto and not spending any money is not fun. You need to buy things with it and get the fun you desire.

Well jokes on them, the longer the price stays low the more coins I will have when it does rise.

That said, it is boring so I came up with a game to pass the time. Sell a tiny amount of coin at whatever current market rate is (say a few bucks, adjust to taste). Set a buy order lower for the same fiat amount. If the price dips, you make a teeny tiny amount of money. If it goes up, it's a small early withdrawal and my net value has increased. Then repeat. It will mean nothing at all in the long run, but it keeps me entertained as I wait.

I predict that real fun will start few months before the next halving. It means that you still have, like, 2 years, so better embrace a new hobby;)

Have you tried spending bitcoin? That is fun.

It's working. They want you to get bored and sell your coins. There are only so many out there.

A year ago, we were all expecting big things. Now, we're all awaiting an ETF... so people have another method to buy bitcoin... because bitcoin.

Don't expect much to happen for a long time. If you you're expecting to make money, you're going to be disappointed.

OP, you're doing it right for a new guy. Buy low and hold. Dollar cost average and hold.

Caveat: Make sure you understand the technology and don't invest money you can afford to lose.

Three great ways to lose money in this game:

-daytrading (watch the market for a year first)
-altcoins (most are pump & dump with whales waiting to take your coin)
-emotional panic selling (many of the troll accounts are the same people, think about it)

Sell 517, buy 510?

I started trading ... fun new hobby

I dont find it boring at all!

There are so many differing opinions and so many aspects / use cases that it boggles the mind. I find on here you need to separate the wheat from the chaff though.

Metric - White Gold

I was thinking that the bitcoin price action is becoming dull too. A few months of this boredom to legitimise the currency at this price and it can leave it behind in the next bubble.

I am so bored of bitcoin.

When i started reading about bitcoin in august/september 2013 i was so hyped up over this new and revolutionary tech. I was reading forums and reddits from morning till evening. I invested in mining gear and made my first slow steps in the crypto revolution. The bubble was just awesome, i was staring the whole day on my priceticker app on my smartphone. It went up, and down, and up and crashed. And up again. Fucking adrenaline !

But now, i think i am sick. I have the crypto fatigue. It's just not exciting anymore.

Wow, there is a new PoS ?? It's called DPoS !! Meh, whatever. It's still PoS.
Wow, there is a new altcoin ?? It has feature XYZ !! Meh, whatever. I saw the same feature in 10 different coins.
Wow, there is a new asset blockchain ?? Meh, it's the fifth now ?
Wow, there is a new mining algorithm !! Check it out - forever asic resistent !! Meh, seriously ?? Another algo? Just die.

Everything was fresh and i saw opportunities everywhere. Now it's just gray and boring.

I managed to pile a few bitcoins when i thought it reached the bottom (most of my buys happened in the 350-450$ range) and now i continue to buy ~200$ of bitcoins every month when the price dips a little. I had 10 gpu's and it was exciting as fuck to mine and manage and babysit my rigs. Now, i sold most of them. With the rest i am mining monero - what else ? The rigs are running, nothing to babysit anymore.

Reading forums is just plain and simple boring. Nothing happens. There are almost zero really interesting/intellectual threads. Just a few trolls crying over 15$ price swings. Wow, the adrenaline !!!
Nothing groundbreaking will happen in the near future. We all are waiting for the ETF. And of course bitcoin will increase in value. It is just an inevitable fact. We are all early adopters. But it won't happen because a logarithmic trend line screams for the start of a new bubble. It will happen through adoption and the money flow caused by the ETF. Stop being unrealistic with your expectations.

There is nothing left to do.

My train ticket is bought. My crypto knowledge is solid enough. My coins are secured.


Now, i can only wait.

But it's so incredibly boring.