It is always too late - page 2. | Bitcointalksearch.org

ElectricMucus

legendary

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Marketing manager - GO MP

Quote from: hyphymikey on March 10, 2015, 09:12:54 PM

Quote from: 12345mm on March 10, 2015, 05:41:39 PM

me muddy ? ... nahhhh ... couldn't be ... i'd be happy as shit if this thing went ballistic (again) ... lowest i've paid was 90 a pop after SR closed and i started mining back in 2013 too with positive roi ... highest i've sold at was 770 ... currently have over a blocks worth acquired in the low 200s and benefited for thousands of dollars of profit ... i'd love to have gotten in in the single digits but hey time travel isn't possible so ... anyway i'd probably be classed as a late-early or early-mid adopter ... and it would be fantastic for me if it'd just rock up and up from here ... and i'm well in the black ... but i know what the reality is and what the public perception is ... rational people don't touch this shit with a 10ft pole because well ... like i said ... people don't like the idea of being taken advantage of and paying 10000X the price something was produced at is hard to stomach for normal people used to working with normal investments and fiat currencies ... but hey ... there's lots of irrational people in the world to make more $$$ off of right ? ... Tongue

Why do people buy any investments knowing that someone bought it waaaaay cheaper than they did? Because they look at the future not the past. Thats what smart investors do. We still don't have all the smart investors on board yet due to various reasons... mainly the ability to acquire legally and large amounts. Once that wave is over, bitcoin will have grown and will be used for what it is, and people won't worry about it as an investment that someone bought waaaaay cheaper than they did a long time ago. They will think of it as an amazing technology. You got to remember bitcoin was not made to make you rich!

They don't if it's really an investment, which is basically defined as loaning somebody who does something productive money for interest. Out of it comes something of value, a product, a service, knowledge or information.
That doesn't happen with Bitcoin because the mtoney you used to buy Bitcoins goes to another person who doesn't use that money to earn something for you. That's why it's called speculating and that's why this board is called as such. We are speculators not investors.

b!z

legendary

Activity: 1582

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Quote from: Erdogan on March 10, 2015, 04:18:26 PM

Publicity... a new batch of people awakening to the idea of bitcoin, but then most of them conclude that it is too late.

This will continue in the coming years all the way through the hyperbitcoinization!

That's true. You shouldn't give up before you've even started. However, you don't know for sure that the price of bitcoin will continue to increase in the long term.

hyphymikey

hero member

Activity: 784

Merit: 1000

Quote from: 12345mm on March 10, 2015, 05:41:39 PM

me muddy ? ... nahhhh ... couldn't be ... i'd be happy as shit if this thing went ballistic (again) ... lowest i've paid was 90 a pop after SR closed and i started mining back in 2013 too with positive roi ... highest i've sold at was 770 ... currently have over a blocks worth acquired in the low 200s and benefited for thousands of dollars of profit ... i'd love to have gotten in in the single digits but hey time travel isn't possible so ... anyway i'd probably be classed as a late-early or early-mid adopter ... and it would be fantastic for me if it'd just rock up and up from here ... and i'm well in the black ... but i know what the reality is and what the public perception is ... rational people don't touch this shit with a 10ft pole because well ... like i said ... people don't like the idea of being taken advantage of and paying 10000X the price something was produced at is hard to stomach for normal people used to working with normal investments and fiat currencies ... but hey ... there's lots of irrational people in the world to make more $$$ off of right ? ... Tongue

Why do people buy any investments knowing that someone bought it waaaaay cheaper than they did? Because they look at the future not the past. Thats what smart investors do. We still don't have all the smart investors on board yet due to various reasons... mainly the ability to acquire legally and large amounts. Once that wave is over, bitcoin will have grown and will be used for what it is, and people won't worry about it as an investment that someone bought waaaaay cheaper than they did a long time ago. They will think of it as an amazing technology. You got to remember bitcoin was not made to make you rich!

Erdogan

legendary

Activity: 1512

Merit: 1005

Good points here. People looking into bitcoin for the first time nowadays, should consider themselves lucky, because now is just as good as 18 months ago, price wise.

waterpile

hero member

Activity: 602

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Quote from: Alley on March 10, 2015, 04:32:16 PM

Lol $295 is too late? Its a steal if looking long term. 1-5 years.

Yep, considering that some companies took the risk to run their business when it was $700-500. Oh well i guess its his own opinion and we got to respect it.

tabnloz

legendary

Activity: 961

Merit: 1000

Quote from: 12345mm on March 10, 2015, 05:41:39 PM

me muddy ? ... nahhhh ... couldn't be ... i'd be happy as shit if this thing went ballistic (again) ... lowest i've paid was 90 a pop after SR closed and i started mining back in 2013 too with positive roi ... highest i've sold at was 770 ... currently have over a blocks worth acquired in the low 200s and benefited for thousands of dollars of profit ... i'd love to have gotten in in the single digits but hey time travel isn't possible so ... anyway i'd probably be classed as a late-early or early-mid adopter ... and it would be fantastic for me if it'd just rock up and up from here ... and i'm well in the black ... but i know what the reality is and what the public perception is ... rational people don't touch this shit with a 10ft pole because well ... like i said ... people don't like the idea of being taken advantage of and paying 10000X the price something was produced at is hard to stomach for normal people used to working with normal investments and fiat currencies ... but hey ... there's lots of irrational people in the world to make more $$$ off of right ? ... Tongue

Some see it as the future, some get FOMO, some do as you say and don't buy in. I think most people accept that they had no way to get into bitcoin when it was for pennies and probably see the pullback from $1000 as making it more affordable. Everybody would have loved to be the $1-buy-in-guy. Bitcoin adoption is littered with stories of people who heard of it and then dismissed it quickly, only to return to it later at 10x the price.

People routinely pay plenty more for non investments than they would have previously or in another location. With bitcoin the reason not to buy would be you see no future in it or it is too complex for your liking; by no metric is it fully formed or fully functional. If you're an investor you might be scared by the volatility, security concerns or lack of current infrastructure but surely not by lack of growth potential.

HalFinneysBrain

full member

Activity: 201

Merit: 100

Sometimes it becomes not-quite-too-late-anymore, like when the price crashes back down to below what it was at a peak almost 2 years earlier. Those are really good times to buy. Wink

brg444

hero member

Activity: 644

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Bitcoin replaces central, not commercial, banks

The best time to plant a tree was 20 years ago. The second best is now

Wexlike

legendary

Activity: 1473

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I just jumped on the boat the moment i discovered Bitcoin. Weird.

Somekindabitcoin

hero member

Activity: 518

Merit: 500

It is definitely always too late. When they see the prices so high, they can only think to themselves that it is too late. They missed the 158 dollar crash boat, they missed the 1200 dollar boat, and most importantly, the penny boat.

I bet most of you jumped on to the boat around the 100 dollar mark in 2013.

12345mm

sr. member

Activity: 406

Merit: 250

me muddy ? ... nahhhh ... couldn't be ... i'd be happy as shit if this thing went ballistic (again) ... lowest i've paid was 90 a pop after SR closed and i started mining back in 2013 too with positive roi ... highest i've sold at was 770 ... currently have over a blocks worth acquired in the low 200s and benefited for thousands of dollars of profit ... i'd love to have gotten in in the single digits but hey time travel isn't possible so ... anyway i'd probably be classed as a late-early or early-mid adopter ... and it would be fantastic for me if it'd just rock up and up from here ... and i'm well in the black ... but i know what the reality is and what the public perception is ... rational people don't touch this shit with a 10ft pole because well ... like i said ... people don't like the idea of being taken advantage of and paying 10000X the price something was produced at is hard to stomach for normal people used to working with normal investments and fiat currencies ... but hey ... there's lots of irrational people in the world to make more $$$ off of right ? ... Tongue

Erdogan

legendary

Activity: 1512

Merit: 1005

Quote from: 12345mm on March 10, 2015, 05:14:15 PM

eeeeexactly ... perhaps the most significant issue with widespread greater adoption is ***people do not like the idea of being taken advantage of*** ... and when you find out these things were produced en mass in the millions and millions of units by a handful of people for free on their laptops / traded for pennies for a year without any public knowledge of it no news no merchant acceptance nothing ... then come to find out the only exchange they were traded on during that time was in fact being run as a fraudulent ponzi (mtgox) and later collapsed and the price WAS $1200 as a sole result of their fraudulent actions and a fake-billion-dollars ... then find out it's trading in the couple hundreds of dollars today with estimates as high as a million stolen bitcoins floating around ... you immediately KNOW you've missed out on any sort of rapid profit making and that all you're doing is paying off the members of the top of the pyramid / thieves who haven't sold all of their free / stolen stash yet ... and you steer the fuck clear of it ...

And at every turn you dig yourself deeper into the mud.

12345mm

sr. member

Activity: 406

Merit: 250

eeeeexactly ... perhaps the most significant issue with widespread greater adoption is ***people do not like the idea of being taken advantage of*** ... and when you find out these things were produced en mass in the millions and millions of units by a handful of people for free on their laptops / traded for pennies for a year without any public knowledge of it no news no merchant acceptance nothing ... then come to find out the only exchange they were traded on during that time was in fact being run as a fraudulent ponzi (mtgox) and later collapsed and the price WAS $1200 as a sole result of their fraudulent actions and a fake-billion-dollars ... then find out it's trading in the couple hundreds of dollars today with estimates as high as a million stolen bitcoins floating around ... you immediately KNOW you've missed out on any sort of rapid profit making and that all you're doing is paying off the members of the top of the pyramid / thieves who haven't sold all of their free / stolen stash yet ... and you steer the fuck clear of it ...

Alley

legendary

Activity: 910

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Lol $295 is too late? Its a steal if looking long term. 1-5 years.

Erdogan

legendary

Activity: 1512

Merit: 1005

Publicity... a new batch of people awakening to the idea of bitcoin, but then most of them conclude that it is too late.

This will continue in the coming years all the way through the hyperbitcoinization!

Topic: It is always too late - page 2. (Read 2625 times)