Topic: Power Of Bitcoin (Read 625 times)

Now that you know the power of BTC, don't forget to also know the risk that involved because if you can be able to take the risk to buy BTC during bear run, I believe you will really know the power behind BTC. If you want to really use the power of BTC very well, learn how to keep your details away from friends and relatives because once they know your details they can have access to your wallet to steal your BTC.

 I Know that many countries will be doing what El Salvador country is doing to make BTC legal tender which they can use BTC to purchase any kind of goods and services they want to buy within the country and, Bulgaria will also experience what other countries that made it legal tender are enjoying today.

This is the first time I will hear about Bulgaria having the highest Bitcoin as a country. Is there a proof to back this up?

I believe almost 95% of people who are into Bitcoin today were once skeptical about it before understanding its true definition I was once on the exact path and you can't imagine how sad it makes me feel every time I remember it.

No, Papa Laszlo exchanged the 10,000 BTC for pizza before the first broke out of Bitcoin, and from the record that was the first transaction where BTC was used to purchase something in real life. Besides, the trade was among what triggered BTC acknowledgment and first break out.

You already have the opportunity now that almost all the leading investment companies have filed for BTC ETF which will inject trillions of dollars into the cryptocurrency market.

Bitcoin is an alternative means of payment to fiat - but its use case as a currency is still hindered by the regulations of many countries. Some countries allow their citizens to use bitcoin and adopt it as a means of payment - but in many countries, bitcoin is just a commodity asset that can only be invested and traded.

So far bitcoin has become a global means of payment - I mean bitcoin can be spent anywhere regardless of regulations. Of course there are risks to consider when you break local rules or regulations - the consequences are still there.

Before now I predicted the stuff over two years ago that bitcoin will soon become a legal tender globally, because the advertisement of bitcoin is now everywhere and it has gotten to the grassroots to an extent that many people who is entrepreneurs is even interested to receive a payment with the helps of bitcoin from my understanding of bitcoin, so people who find it very difficult to purchase bitcoin and they have already existing business they now diverts their payments to bitcoin if the customer wish to make payment with bitcoin,  the essence of that is to ensure that they have a bitcoin because they have seen that bitcoin investment is productive.

Bitcoin is now used as a medium of exchange in some organizations.Even those countries that banned Bitcoin,have legalized it as medium of exchange.Bitcoin is gradually taking over the world.Even politicians are into bitcoin investment but they appear anonymous because it is an illegal medium of exchange in my country.Bitcoin a powerful monetary it is.

Alot of newbies need to know that,  failure is also part of success and sometimes,  we need to experience something on a personal basis before we can know and understand the true lessons and how much of our time and mind we give to them, we are in an era where the majority of people are still sceptical about bitcoin and only a few of us who have taken the time to understand Bitcoin now know what exactly we are talking about in all of this,  some times those regrets are actually great lessons.

And instead of the ops to keep complaining,  I think it far much better to keep the motivation high to learn some of the other factors that he needs to learn along the way, to become a better person in the future.

Time and chances happen to everyone,  so no regret just learn and move on.

If you keep missing opportunities, you will certainly say the same word of regrets in the future, so buy now and hold it for long, indefinite years while bitcoin is still not so expensive. Otherwise, missed opportunities will remain missed until you start making an action. Bitcoin, despite of its high volatility, has never fail to surprise us with its highly appreciating value that’s bound to reach its all time high.

However, not all people have the same mindset. Some may still doubt and continue to favor fiat more than bitcoin, but if ever bitcoin will become a mainstream and majority will go for bitcoin, I’m sure no one’s wanted to left behind and will definitely rush into bitcoin even without prior knowledge about bitcoin and the crypto space.

Bitcoin is by far the better money created by humans. Bitcon is something that you have to buy every end of month, worring about to buy any amount of sats and stacking it for a long run. It's a huge mistake to compare your experience in bitcoin with others persons I believe everyone has a specific time and correct time of understading it, the future don't get at the same time for everyone. The better thing you can do for your life is buying a little amount of sats every end of month/week or day, whenever you can do it.

Bitcoin is a financial market and the financial market is like a battlefield, when someone makes money, it means someone is losing money. Not everyone will get rich or make money investing in bitcoin. We don't need to exaggerate about bitcoin, bitcoin cannot change the world and that is not its mission either. Bitcoin is just a decentralized asset, a tool, and whether we can change our financial situation or not depends entirely on how we use bitcoin.

However, I agree with you. The opportunity to buy Bitcoin is still there and now is still the best time to buy Bitcoin. By doing DCA, someone can collect Bitcoins until a certain time. He can have Bitcoin in maybe a year while waiting for the ATH to come.

It is enough just to collect Bitcoins if they don't have much money to invest in other things. Many people have proven that the DCA method is the right method for them. Just make your past a valuable lesson for you.

Before the Bitcoin price starts a long rally, you can start collecting Bitcoins like your friends. You should focus on investing in Bitcoin because it is now or never. You decide that.

I was suspicious at first - isnt that normal when unfamiliar? Like you, my skepticism turned into knowledge and admiration for Bitcoin. Peeling back complexity and understanding what makes it tick is essential.

Bitcoin is indeed cyclical. Not random guessing, but informed predictions. The market is notoriously difficult to time, but well-informed traders may make intelligent decisions. Real empowerment comes from knowledge and timing.

You're right about investing - its deliberate, not rash. Patience, focus, and strategic preparation are needed. Playing Bitcoin requires skill, balancing prudence and daring. The potential earnings are there, but they're the result of planning, not luck.

really ? Bulgaria is the biggest Holding Bitcoin country in the world? would you be so  kind to share the link about this?
Your Friend is tough and willing to risk while you are not , actually the power of bitcoin take effect on him and not on you.

all your opinion and sharing here are indeed best but suddenly you are not taking part of those so what is your plan in the coming days?

Cryptocurrency has gained so much popularity nowadays that it is gaining a lot of interest all over the world. Most of the people believe in Bitcoin the most because it is the only currency where people feel comfortable investing their money. Moreover most of the people in the world have made huge amount of money by investing in Bitcoin and people have become rich by investing here. And what we have seen is that various countries have introduced Bitcoin payment systems and various factories and shopping malls are accepting Bitcoin payments. Also, in many countries, people are now economically advanced by using Bitcoin in terms of economic status and transactions. So we can definitely say that Bitcoin is the only influential currency that can change the world and its price change will affect more people in the future.

Don't wait for the opportunity my friend the opportunity is now! Dollar cost average however much you can afford to lose and do it religiously and make sure that you find yourself a proper airgapped wallet and make sure that you keys are secure and stored properly in a very safe guarded place. You have also got to think about BTC man, stick with just that one currency and you will be good!

In all honesty there's nothing wrong about being skeptical and suspicious especially if you don't know jack about the thing that you're being sold. Years ago I probably shared the same amount of skepticism as you do as well but it was all overcame by the fact that I took the time to research and learn about cryptocurrency before outright refusing its concept, something that we clearly were different about.

But fret not, just cause your friends are able to enjoy their fair share of crypto profits doesn't mean you don't have the same opportunity to do so now. Bitcoin is cyclical, it has the power to bounce up and down in value and the only thing that you'd really have to concern yourself with is knowing when to buy, and when to sell. Ideally buying is best when the market is at its lowest so you can  buy more, and selling is when the market is at its peak. Great thing about bitcoin is that it pretty much does this on a quite regular cycle that you can pretty much predict when to buy and when to sell with good accuracy.

For me that's the real power of bitcoin. To still be predictable but be able to provide nice profits to people who trusts it. Of course there are caveats that would come with investing in bitcoin and it's not like you could just do it willy-nilly and expect profits from the get-go but if you played your cards right and you played your game as smart as possible, you would have no trouble earning money in this industry.

The party opens for everyone to join since 2009.

Bitcoin market is a free place for everyone to join from centralized exchanges to decentralized exchanges to OTC market. People can purchase bitcoins in many ways, KYC, no KYC, in person and many more ways. The barriers for people are only they don't have open-mind to learn a new technology and to see the self-destructive and self-devalued fiat currency and central bank systems.

If they see the fact, they will be more ready to join this market.

Bitcoin never closes the opportunity to investors.  It is the investors that miss the opportunity because of certain reasons like doubt, fund shortage and not trusting the Bitcoin market.


You should be specific about what cryptocurrency to buy.  Your friend might end up buying scam cryptocurrencies.  These scam cryptocurrencies are the crypto project that launches just to money grab.  They rely to hype and deceit to bait their victims into investing in their scheme and when they have enough collection, they just run away with the money leaving the market plummeting to oblivion.

Be positive, and don't regret the past. We can't change the past anyway, and that would make us upset. It's normal that at the beginning we didn't understand Bitcoin fully, so we ignored it. I am pretty sure it didn't happen with you alone; rather, it does happen with many investors. I will advise that when you realise the potential of Bitcoin, don't be late. Watch the Bitcoin chart closely and try to buy on a dip. But don't expect too much dip; I mean only when you see a reasonable buy point in the current situation. Then just hold it. I feel the DCA strategy would be better right now.

   Bitcoin is not like any other financial asset in the world. Everyone knows that it has the potential to change your life financially. However, that is only the tip of the iceberg with Bitcoin, and its benefits far exceed that. The truth is that Bitcoin truly has the potential to change the world into a better place. It isn’t a question of if, but rather when.
    The incredible thing about Bitcoin is how it can appeal to so many different people for different reasons. What makes it great and exciting to you, could likely be something completely different for the next person. However, it is all of these things combined that will eventually cause Bitcoin adoption to go mainstream and send the price soaring. The prospect of making money with Bitcoin is what gets people in the front door. There is a popularized theory that BTC will someday soon cause one of the largest transfers of wealth that the world has ever seen. And the people who are investing in it today will be able to reap the benefits. That all sounds great, but even if those dreams of riches wouldn’t come true. Bitcoin is still early in its lifecycle and there is plenty of money to be made. You may not become rich, but you can definitely change your life. Imagine finally being to escape from debt, having a house that is fully paid for, being able to have a financial cushion and no longer living paycheck-to-paycheck, or even making the idea of being able to someday retire a possibility.

The "risk" in the crypto world is basically just the fact that we are in a market that is designed to make us feel like we are in a roller coaster. However, if we can wait it out and not asked to be taken off midway, then we are going to reach our destination and it will be hell of a fun road as well.

I am sure that everyone feels the same way and some just feel too much panic and just get out, even right now all that drop made some people get out, they have been waiting for an up, and they got out, because they feared what may happen, like under 40k as well. But that did not happen, and their move was wrong, but you can't really convince those people of that neither. This is why we should be careful on what we are doing.

Many people will have many different stories in the cryptocurrency world. Where some have success and some fail. When I first came to know about the alms it was 10th November 2016. Most likely each bitcoin was worth $720 back then. But then there was not enough money and attention to do so. But now look at the current price of Bitcoin. So in the future when Bitcoin acceptance increases everywhere, Bitcoin will continue to reach higher heights more successfully.

As I see all this, it is easy to Determine , the power of Bitcoin is not Comparable with a figure that can be said to represent Bitcoin , I Believe that a figure that represents Bitcoin is more or less for me $800k and many can say that It is a cure , but this is the only Policy that I am sure will survive any event in the World , because it is a guarantee that it will not be manipulated to govern us and the governments do not want this policy because it takes away a lot of their power. There is a senator who wants to eliminate Bitcoin from the USA , and control it , but the Question is , how can he control it ? There are people who are in Power and know nothing about anything.

The power of Bitcoin is so Impressive that it makes these Countries and their Governments tremble , the power is so impressive that it can make a person rich overnight if they buy enough bitcoin, something like these are the ones that should always be seen, If you look for the negative side they Will end up selling and in the end the person who loses is the Person who leaves the Bitcoin.

If we don't have enough knowledge  or idea about the coin we have,  then one thing for sure we will spend it with no hisitation but anyways it's up to us if we believe our coins cause those investors before believe in Bitcoin that someday it will gave them profit then look at now the price are too high so they will get a big profits. But those investors didn't fully trust Bitcoin then they  spent it without knowing that after for a few years the price will go up higher and higher than before it looks like x100 or more.

What makes the difference between you and your friend is just the level of the financial knowledge both of you hard, and not Bitcoin per se, this is because, if you have good financial knowledge, there are other assets aside from Bitcoin that you can put down $1000 for 4 years and gain cumulative $10,000+ net profits on the long run, alot of times we tend to focus so much on the end results without minding what the real lesson and how we gain the knowledge to sustain that said profits.


Since we are here and discussing Bitcoin, I am glad that you have realised your mistakes and known the opportunity you have missed, but that is not the end, what I advise you to do is to make sure to build a fundamental knowledge of Bitcoin and how best to smartly accumulate along the way, once again Good luck.

Be careful with Bitcoin buying tips. This is a very good wish, and if everyone advised all their friends to find out information about cryptocurrencies, then the adoption of bitcoin would go very quickly.
But there is one drawback - you should advise your friends to buy bitcoin when it is Cheap.
For example, bitcoin is currently at the peak of its trend, and I believe that you can not buy it now in any case, otherwise you can lose money. In general, be careful, as the councils assume responsibility.

Most the individuals must have failed to buy bitcoin on time when the price was lower such that it touched 26k$ because today's price is much more higher than 26k$. But still if someone wants to accumulate bitcoin doors are opens yet as we will see price hitting the target of above 50k$ in present year. We are of course in early days of hitting price because in few months the bitcoin hit the value of 43k$ from 26k$ which is quite a pleasurable moments for bitcoin holders. DCA can make you more profitable therefore clear your doubts about next coming Bull season and buy more bitcoin as you can easily manage.

2024 is going to be a turning point. I also see more and more adoption. During a probable recession and inflation,  Bitcoin will attract the attention of many.

You can say people around the world started using bitcoins for different financial purposes but you can’t Say bitcoin is ruling the world. As we see in almost all developed countries bitcoin is banned and they don’t need it and they do payments in their fiat currency. They trust fiat more than bitcoin, Agree to you that there are some stores and hotels that are accepting bitcoins as payment method but it will take time to be accepted worldwide

It is not too late to buy Bitcoin. You'll always regret what has happened if you don't do actions and if you dwell in the idea that it's too late for you and expensive currently Bitcoin is, you'll never be able to buy. Forget about the comparison to what laszlo has done. It's a different thing and if it's not for him, there won't be other people who would do the same as he did. Or if he didn't do that, there might be someone who's also going to sell thousands of their Bitcoins for something that's cheap in our eyes because BTC back then was undervalued and many still don't know it.

I know that the frustrations are there with the people that have heard about BTC before but you have ignored and neglected it and now, you think that you're too late to invest. Heck no, you still belong to this community and you only need to do your initiative for you to own BTC. Because if you don't take any actions like buying it now, you're going to regret it again for how many years. And that's why if you truly believe and amazed with BTC, you will not miss this year and will start to accumulate. The market don't require you to buy an entire BTC because you can accumulate in small amounts as long as the exchanges require you with the minimum amount as low as $10 on CEXes and might even be lower for the P2P but to mind that, watch out the fees.

I don't know if the story is real, but in case the op's friend bought at the end of 2018, that would give a 10x boost at current price. If the story is true, I'm happy someone you know was patient enough to hodl for a long time and get a really nice profit out of it. I think a 10x boost is, in principle, still possible with the current BTC price if we wait for a couple bull markets. So it's not too late to invest, there's still time to profit from Bitcoin in the future, considering that the adoption level is still very low, and there's a lot of excitement about Bitcoin's future as a major asset of big investment funds.

I used to not even pay attention to bitcoin. And when I found out that Bitcoin was rising very rapidly from year to year I began to realize that what I was ignoring was the best opportunity in my life that I had missed. But I don't feel that the opportunity is over. Because then I started accumulating bitcoins and I am now starting to be satisfied with the steps I have taken. DCA and forget about it. I keep doing that. And when I'm down and have some problems I'll come and look at my portfolio in bitcoin. And then I will smile again and be more grateful for the steps I have taken.

So that no one is late, friends. We just have to be people who no longer underestimate things we don't know and don't underestimate what other people suggest. We must spend more time learning more and looking for potential profit prospects in the future. That's why I'm accumulating bitcoin and hoping it will get better in the future in the long run.

The price of Bitcoin is advancing day by day, it's a bull run.  You didn't invest when you had little knowledge about Bitcoin. You can now invest Bitcoin without regretting it. It is definitely profitable. Bitcoin market remains in uptrend but now current Bitcoin market value is around 45 k$. I think there is still plenty of time to invest in Bitcoin, so it's our time to invest in Bitcoin. Investing in Bitcoin will certainly bring good fortune to our future life. Long-term investment in Bitcoin is sure to yield success

mate. citizens of a country owning bitcoin is different than the country owning Bitcoin. by meaning of Bulgaria owns the largest amount of Bitcoin OP probably meant owning Bitcoin on Govt level.. that could only be a way Bulgaria can own largest amount of bitcoin compared to other.
Otherwise if we compare people of each country owns bitcoin then Bulgaria wouldn't be in top 10 oe ven top 50.
there are so many people own bitcoin in countries larger in popoulation then bulgaria.

If you followed your friend's advice, you would definitely benefit a lot, but many people who don't know about Bitcoin are scared when investing in Bitcoin. When he bought a pizza for bitcoin he had no idea about the value and future of bitcoin, that would surely be the biggest mistake of his life.

You have also made the mistake of missing a good opportunity, but there is still time and you can invest in bitcoin and crypto currency. I didn't know anything about Bitcoin in 2018.I am regretting that I came to know about Bitcoin and Cryptocurrency so late, if I had known a few years ago, I would have definitely made a great investment. However, I am still trying and whenever I have the capital I definitely invest in Bitcoin and the top coins in the market.
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I've stopped worrying about mistakes and focused on learning, like you. Whether with bitcoin or not, financial independence is my gold. Joining a financial revolution thats changing how we see money and invest, not just earn.

Bitcoin lead cryptocurrency's extraordinary evolution. It has helped innovative and scalable firms grow and attract customers. Expanding has provided investors with new business ideas and technology, enhancing the crypto ecosystem.

I hope the crypto market survives like you. Not simply making money, but financial independence and creativity. Education and comprehension are crucial. This space offers chances to learners and adapters. With the right education and strategy, crypto success is possible, especially for risk-takers.

Well, I have stopped blaming myself for anything missed in crypto but rather take steps to tap into the blessing through any means of investment and trading. This is what I have been doing since last year and I am satisfied with what I am earning currently through it. I urge everyone to do the same as there will always be opportunities in cryptocurrencies, especially if the person can train himself to be a good market speculator and manager, such can be making thousands of dollars yearly just doing simple tasks.

Besides, I must say that Bitcoin which is the pioneer of all other cryptocurrencies was well-planned and structured for the project to give relevancy to the crypto world and this has helped further with other projects coming in even with better plans, scalability and strategies. This has helped the crypto industry to grow and more businesses are being built around it which makes it more welcoming and attractive, and also attracts more money and will continue to do so.

I hope it stays active forever as it is an uncommon opportunity, a very cheap means for people to make money. But that is so long the people have learned and understood it and have all it takes to tap from the blessing brought by it.

Bitcoin is strong both financially and logically as it has maintained its strength since 2010 and will continue to grow in the future. We know that as the demand increases the price of the product increases and its capacity gradually increases. Bitcoin is no exception. The demand for bitcoins has increased for example people have bought a lot of bitcoins and thus its value has increased. Due to people's need for it the capacity of bitcoins has increased. Similarly, it is exchanged through currency. We use Bitcoin as a currency to transfer money easily and securely. The need for Bitcoin is increasing day by day due to which the power of Bitcoin is also increasing. We love it and its appeal and need is increasing day by day now it is one of the most popular mechanism for exchange.
Satoshi Nakamoto invented the first Bitcoin and implemented the first blockchain so that he was the inventor who first mined Bitcoin in 2009-10. He holds historical significance as a pioneer of decentralized digital currency. He deserves respect and goodwill. In my opinion there should be a Bitcoin Day around the world to remember him. Early adopters benefited from its low initial price which has now increased significantly over time. However, future profits depend on market dynamics, adoption and technological progress, not just on being first. Investments carry risks, and the crypto currency market is volatile, but those who are taking all these risks are the real Bitcoin holders and they are the ones who will get the profits they deserve.

Cryptocurrency use is increasing day by day and its popularity is increasing day by day. It is natural that Bitcoin currency is slowly being introduced in countries that have legalized Bitcoin. But unfortunately our government has not yet declared Bitcoin legal in our country. If ever the government of our country legalizes Bitcoin, then maybe we can do transactions with Bitcoin in our various hotels and tea shops here.

It's a classic case of Bitcoin hindsight, like passing up Apple stock in the '80s. But no need to beat yourself up over missed opportunities. We've all been there. Remember Laszlo's pizza? That's the crypto equivalent of finding a lost Van Gogh at a garage sale.

Your friend's Bitcoin success is like a digital gold rush. And while we might not have a crystal ball for Bitcoin's future, it's never too late to join in. So, while we're on the lookout for our next crypto opportunity, let's enjoy the journey – and maybe grab some pizza along the way!

actually paid for a hotel the other day with crypto! it is taking over the world!!

I don't know where the source comes from, my assumption is that Bulgaria doesn't have the highest Bitcoin compared to other countries, maybe Bitcoin circulation there is much higher than other developed countries. Materially, you don't lose money because you never invested in Bitcoin, you just missed a good opportunity to get lots of benefits like your friend. Losses that only exist in your mind must be enlightened with action and belief in the potential that you can gain from Bitcoin. The first opportunity will always be there as long as you have the intention to invest, it is not too late to do it.

Bitcoin's rise has indeed been astonishing. From being dismissed by many initially to gaining widespread acceptance, its value surge has left many regretting not investing earlier. The acceptance of Bitcoin by various businesses, including hotels, indicates a growing trust in its viability as a form of payment.

Your friend's experience highlights the potential gains in Bitcoin investments over time. It's understandable to have skepticism, especially when something is new and unfamiliar. Hindsight often leaves us pondering missed opportunities.

The story of Laszlo's pizza purchase with Bitcoin has become iconic, illustrating the dramatic increase in Bitcoin's value since its early days. It's a reminder of how small investments in the past could yield substantial returns today.

While you may have missed the earlier chance to invest, it's never too late to explore opportunities in cryptocurrencies. As the landscape continues to evolve, there might still be opportunities for investment or use. Remember, it's essential to research and invest wisely, considering the volatility and risks associated with cryptocurrencies.

Encouraging others, including both friends and foes, to explore cryptocurrencies is a forward-thinking approach. They indeed hold promise as potential future currencies, given their decentralized nature and growing adoption across various industries.

The part about "probability of Bitcoin losses is very low." I disagree with that. It's because bitcoin or any crypto currency is still risky in the sense that there is always a possibility of losing your investment, or if you are holding it, there is always a possibility that your asset will be liquidated if you bring bitcoin into the wrong position or the price where you bought it suddenly drops and your equity can't handle the down trade.

So even if bitcoin has many benefits, if done correctly and carefully, you will be rewarded, but let's not disregard the risk of this investment. It's never too late to invest in bitcoin, yes, but remember, you should know the risk first before anything because it will also never be easy to invest and earn in this field. You need constant learning and constant patience to learn, and as bitcoin is unpredictable, you should always be ready to adopt it.

You said Bulgaria has the highest number of bitcoin as a country. Are you from there or you just feel like saying this because you didn’t provide any source link for us to see the detail explanation on how Bulgaria became the country with the highest number of bitcoin.


There is no reason why you should be waiting for an opportunity to present itself before you will want to invest in bitcoin. Every time is a good time to buy some. Time is getting closer day by day to the most anticipated halving event and bull run coming up. You should invest now and don’t wait for a good time you assume to be the best time. If you can’t buy all at once, you can continue DCAing until your target is reached.

The experienced people will buy the bitcoin at the various price,because they know the exact value of the bitcoin.The value of the bitcoin in this year May cross the last all time high of 68k dollars,So buying at the current value of 45k dollars will not leads to the loss anymore.The bitcoin trader should know the exact value for the bitcoin compared to other coin.Many cryptocurrency trader leave the market because of the investment on the any shit coin.But everyone accepting fact is the bitcoin trader who had the time for the holding will had the value return as the profit into their wallet.


The risk is commonly considered while doing the trading business,but the investment in the bitcoin is never the same situation to the trader.Many people doing the cryptocurrency trading with out any risk by analysing the coin using the candle stick analysis of the chart of the coin.When we trade in bitcoin,it was assured that we get profit in one day by just holding it.

Correction: Laszlo didn't exchange $10,000 worth of Bitcoins for two pizzas, but he spent 10,000 Bitcoins to buy two pizzas which is why the story is so popular. One could get about 15% to 20% of the total supply of Bitcoin with $10,000 at that time based on how low its price was.

That being said, I believe all of us have lost such opportunities in the past, however, there is no point in having remorse once the time is gone. Some of us didn't take the opportunity because of a lack of knowledge or confidence, many of us didn't have the money to invest in it, and I am in the second category.

When I first came to know about Bitcoin, it was worth less than $500, and I was fascinated by learning about it and was shocked that a digital currency could have such a high value. However, I didn't have the money that I could use to buy Bitcoin at that price and by the time I was capable of doing that, the price had gone up already.

That's why it is good to take risks in business or investment. If you had taken that risk with your friend then, you will be happy you took the risk. It's never too late to invest.
I had the same mentality years ago as well but I'm happy I've made a move through the knowledge I got from this forum. When you aren't knowledgeable about a thing, make sure to do research about it and be positive while in venture into any investment.

Investing in bitcoins is possible to get huge benefits, because the price of bitcoins fluctuates all the time due to which it is definitely possible to get benefits. For a long year, the price of Bitcoin has only gone up. So if anyone still wants to invest then surely can, because Bitcoin halving will start in just a few months in the future. Every halving Bitcoin price is seen to rise so investing in Bitcoin at present is definitely profitable. Because the probability of Bitcoin losses is very low.

That's why you shouldn't ask anymore about investing in bitcoin because it's a waste of time for you, a minute or day you're skeptic about the power of bitcoin and it's potential to go up in value is just so obvious that it's weird that people just don't invest once they've heard enough about it, I guess the risk involved when you're putting your money in bitcoin is just too much so I understand but you can always DCA so no excuses really besides being dirt poor.

Have you searched for the truth because Bulgaria is actually not the country with the highest bitcoin. Almost many people here want bitcoin as a means of payment, but not all countries enforce that. Now we are no longer talking about payment instruments, but rather how we can take opportunities in Bitcoin to make a profit. I believe that bitcoin has found a wide market throughout the world despite resistance or bans from some other countries.

Your mistake was not trying to find out how Bitcoin was going at that time and you were too quick to decide to refuse to make the same investment as your friend. Now he has everything and if the concept is long term then I am sure your friend will have made quite the maximum profit from the initial investment process.

First off, your story seems familiar. All of us have been suspicious, but Bitcoin is a digital money and revolutionary financial tool. Rewriting investing and currency rules. Success of your friend? This is strategic foresight, not luck.

Lets handle the missed chance. Regret is hard. Guess what? The Bitcoin journey continues. We're only scratching the surface of its development possibilities. Bitcoin transformed how we view currencies and transactions. Yet more gold may be extracted in the digital gold rush!

Bitcoin leads the digital finance revolution. Whats the plan? Strategize and research before jumping in. Recognize dangers and potential. This is about a financial revolution, not just making money. Buy and keep, and you may be the success story in a few years.

Spending time and money to gain experience with Bitcoin and different strategies to come to awareness that Dollar Cost Averaging is a best strategy for Bitcoin investors.

It is a big lesson for everyone in this market and I hope during their adventures in cryptocurrency market, they will not lose big money to many scam altcoin projects.

I hope when they deeply understand this fact, they still have capital to invest in Bitcoin.

How many cryptocurrencies have failed and dead?

are you talking about your own experiences here ? because I am not mate as i always grab my opportunity and never let it passed.
DCA and other strategy is on the table so gathering much as I can for how many will be on mine .
there is never be a Late call when bitcoin is about to place because  this currency is still young
and there is so much potential that people may expect and yeah will happen.

I think it's not too late to buy bitcoin. Judging from your speach I think you know more better about bitcoin. To me you don't sound like who doesn't know about it. But just want to catch cruise. But if I were you now is the Wright time to invest, because this is bull season and we are clamouring for btc to go Back to its ATH and break tje formal record of $69k and set it to another night of $100k above. And if bitcoin Price hit $100k I think you will be more tired and afraid to invest in bitcoin. Because by then to afford it will become more expensive with the little of the coin you buy

Well most of us here have gone through your own experience and some people today are still skeptical but all the same at least you have the enthusiasm to actually buy some coins and most importantly you have gotten rid of the regretful feelings because most person feel guilty that they would have bounce when the price was low and nothing they can't anymore as they fear the price won't go up again which if you look at it is really absurd but notwithstanding couple mate and get your buying shoes on because the market is heading somewhere promising and i believe you wouldn't want to miss out again .

There is Beyond anydoupt that initially everyone was skeptical about whether Bitcoin is good or not. But after some time, they realize that there is nothing better than Bitcoin and they start making regrets about how they wish I could have invested in Bitcoin earlier, but nothing will change.
 
In fact there is no late to invest in Bitcoin. Still we have a lot of opportunities for investment because everytime Bitcoin provides an opportunity for investors, If we look at the current sentiment of the market for Bitcoin, there are also a bunch of people who bought Bitcoin at 42k and now Bitcoin is on above 45k, So now they have made a profit instead of saying this that it was late or that we didn't get to buy Bitcoin or blah blah or whatever they have.While those who grabbed the opportunity will earn profit including me, I also bought some BTC instead of USDT, so I have also made a good profit.

So guys, investment in Bitcoin is not too late, it provides you with an opportunity, depending on you, how you take entry into the opportunity and which method (DCA) to use to organize profit.

OP, you came to this forum. If you don't have the funds now to buy some amount of Bitcoin, try staying on the forum, reading, and chatting, and you will change your thinking. You will find ways to calculate your budget to do some DCA. The fact that you still haven’t decided to buy does not mean that you are incapable, but that you still don’t fully understand all the advantages.
The fact that you write about the benefits and power of Bitcoin but do not own it only confirms that you lack knowledge. Don't miss your chance now.

If you had invested as your friend said, you would have seen the same profit. I don't know about bitcoin collection in Bulgaria. Today we are in 2024. Yes, that's right Bitcoin's popularity is growing rapidly as more people are becoming aware of cryptocurrencies and their uses than in the past. You won't have to worry at all about missing your first chance. Today's market price of bitcoin is above $45k, if you look at bitcoin history, you will understand that future price of bitcoin will increase it may be between $90k to $100k. Investment should be made using the present time, you will see the face of profit in the future.

Some times we only need to trust the system specially if this is not asking too much , 1000 dollars back then is not that big comparing to what your friend gathers now right?

You missed that opportunity once adn let us not do the same mistakes again so better invest on it now mate actually you don't need to invest too much just a small amount is more than enough each time of buying.

Bitcoin is really that powerful. Why? It is because it makes the world crazy. Why crazy? Because elite leaders created their own currency but they hodl Bitcoin as back-up and long term investment for future purposes. This means that the world don't trust centralized fiat. This is not normally just a diversification of funds but they really are afraid of the effects of crisis and anything that will possibly make fiat crash. Bitcoin even captures the attention of institutions and wealthy individuals to invest on it. So the question is, why do they prefer or even choose Bitcoin and not fiat?

I know that currently many places in Bulgaria already accept payments using Bitcoin, but to say that Bulgaria is the country that holds the most Bitcoin is too much, because there are still countries like the US, India, China and Russia, which have many adopters.
But yeah, it's never too late to buy Bitcoin now, the opportunity is still wide open and you can invest with low capital regularly to be able to make a profit in the next few years.

I agree, the first ones to trust bitcoin should be the first ones to get rewarded, there's no way that it's going to be the other way around with bitcoin where the pioneering investors and bitcoin enthusiasts get the short end of the stick when something big happens to bitcoin.

I still believe in the power of bitcoin but I think that it's not yet enough to sway governments to the point where they're not making any kind of influence on it like what happened in Argentina with their new president, right now here in my country, the influence isn't that strong so they can easily bully the population that's involved in cryptocurrency.

Nowadays everything is improving in this digital world and cryptocurrency is being traded in different countries of the world. Currently, many shopping malls, hotels, factories, and many grocery stores accept Bitcoin payments. We have seen that many major products can now be purchased with bitcoins in many countries, such as in El Salvador everything can be purchased with bitcoins, moreover we saw a few days ago that a house can be purchased with bitcoins in Portugal. All these improvements in the digital world are now possible with Bitcoin and the popularity of Bitcoin is increasing rapidly day by day. People who invested when the price of Bitcoin was very low made a lot of money and profited, but many of them didn't invest because they were afraid of losing money. However, we saw that the person who bought two pizzas with 10,000 bitcoins only had $42 worth of bitcoins in all.
But now if he had this amount of bitcoins then he would have become a billionaire and there is no doubt that he could have opened pizza companies in different parts of the world. Bitcoin will surely act as currency of future for you so invest and hold for long time it will pay you maximum.

You missed the biggest opportunity of buying Bitcoin for $1000 and you will never get this opportunity again in your life. Most people still think that Bitcoin will down and give their users a huge loss but they don't know the power of Bitcoin, maybe it will decrease its price but after a year it will again cross its last ATH.
If I were in your place I did not leave this opportunity but this is what is written in your destiny. So do not lose hope you have still time to invest in Bitcoin if you can't afford the whole bit kin then just buy some part of it and after some, you will be able to get the whole Bitcoin one day.

Lazlo Hanyecz has more bitcoins and he made more trades, not only the 10,000 bitcoins for 2 pizzas we know.

Did Laszlo Hanyecz exchange 40000 BTC for 8 pizzas, not 10000 BTC for 2 pizzas?

He did not said how many trades he did before closing that offer but with his posts, it's very likely he actually made some trades for pizzas, not only one.

Well, I didn’t say it’s impossible, I’m rather saying that for the person who got the Bitcoins from Laszlo, I think the chance is slim that he didn’t use it already. The fact that he even wanted and made the trade with Laszlo shows that he saw value in Bitcoin and knew what he was doing. It’s not like he just carelessly did it. So, even Bitcoin at $1 was already a tempting time for him to sell. I’m assuming he was also skeptic if Bitcoin price will go back down. That’s a lot of gain to not be tempted.

But let’s think of something, how about Laszlo himself? To spend 10,000 Bitcoin, he must have had a lot more (I assume)… how about him then?

There is many accounts which hold a big amount of Bitcoin on it. Some of these accounts have an owner which died, lost the keys to open it, holding for a better price, companies using it to avoid taxes and so on.
Laszlo spent a big amount of Bitcoin for something that worth it at that time and which doesn't worth it anymore. I would buy a normal pizza right now for 0.00045 Bitcoin which is equivalent to ~$20 but I will definitely cry it next years when I see that I bought a pizza for ~$200 or even more.

I think you have the Bitcoin pizza story mixed up. Laszlo did not exchange $10,000 worth of Bitcoin for pizza instead he exchanged 10,000 Bitcoins for the pizza. At the time the 10,000 Bitcoin wasn’t even worth up to $50. You can check the post here: https://bitcointalksearch.org/topic/pizza-for-bitcoins-137. Also, I don’t think that the person who got the 10,000 Bitcoin still has it. It’s possible but the chances are really slim because Bitcoin merely being $1000, that’s a lot of money that the average person may want to have cashed out.

Perhaps it is a story that never ends in the short term, you have to love bitcoin at any price and with any story, right?
Anyway, OP, the power of Bitcoin is in the trust of user, so, that is, why the first bitcoiners deserve the benefit of the best profit.

If everyone begins to share their experience of how they missed the opportunity of buying Bitcoin when the price was still low, then we will have quite a lot of stories and regrets, whereas yours is just nothing serious. You already had the chance to invest in Bitcoin when your friend talked to you about it, but you did not listen. That's also how many people had the opportunity. In my case, when I first heard about Bitcoin, I was skeptical as well, but if I had had a true friend who was a true Bitcoiner, maybe he would have helped me understand better what Bitcoin is, and I would have invested earlier, but it was until 2019 before I got the real knowledge and invested.

Since you are now convinced about Bitcoin, it's not too late to start investing now. Even if you don't make much profit now that the price is getting high, you can still hold your investment till the next bull market after this one that is approaching.

Waiting for another opportunity before buying Bitcoin may be another time to miss out on opportunity again because for Bitcoin, the best opportunity is always now as you may not get the same price you get now in the nearest future, if your friend had waited and hoped that Bitcoin goes below $1k I'm sure he would have missed out on the profit he made because the next time he would have checked Bitcoin must have gone way above $1k so I advise whenever you have an investment mindset especially with Bitcoin, execute almost immediately as you may not get that opportunity you had at they point in time.

By next year Bitcoin is definitely going to get to a new ATH by then the price might no longer look really friendly if you have a small budget because you wouldn't get enough units as you would now so it's best you invest now and not wait again for opportunity.

Everyone here probably wants Bitcoin to be a legal means of payment, making it easier to make transactions because some Bitcoiners live in countries that do not allow transactions using Bitcoin other than regulated fiat.

For bitcoiners who can use Bitcoin as a means of payment, maybe not just to pay for hotels, more than that they can spend it other than just paying for hotels.

One word, I think it is less interesting to equate cryptocurrency with Bitcoin. Bitcoin is different from cryptocurrency in many ways.

You just decided to write everything that obviously came to your mind first without even asking yourself if there was any truth in it. It is true that you can pay for many hotels with Bitcoin, but you can also buy a plane ticket, a car or food in a restaurant. Thanks to payment processors, you can pay with Bitcoin almost anything you can think of - but the idea of Bulgaria as the country with the most Bitcoins has long been dispelled.

[/quote] yes what I said about it was a little bit of research I made on it I am still new in the world of crypto and I am still open to learning and all you have just said has open my knowledge more and I really appreciate. Please if you can still school me on it I will for ever be grateful.

Don't waste your time again, Just buy now and hodle. Op people are still predicting that Bitcoin will reach $100,000 in the next bull market and now Bitcoin is still $45k therefore you still have the chance to invest in it. If you have the $1,000 invest in it now that is still on the low key. And it is said by someone here, everyone was skeptical at the first encounter of the technology or the project because many were afraid to loss their money to scammers or others. Well I can't say much about Bulgaria Bitcoin status because I have not heard of it. But in Nigeria, we are the giant in Bitcoin in Africa. Yes cryptocurrency will take over the digital world but it can't the physical. And cryptocurrency might even influence the exchange rate of the fiat currencies in the world.

You just decided to write everything that obviously came to your mind first without even asking yourself if there was any truth in it. It is true that you can pay for many hotels with Bitcoin, but you can also buy a plane ticket, a car or food in a restaurant. Thanks to payment processors, you can pay with Bitcoin almost anything you can think of - but the idea of Bulgaria as the country with the most Bitcoins has long been dispelled.

At one point in time we all have our own time when we were skeptical about it, and we missed out on the early opportunity to acquire it more earlier, but we lost it, due to our distrust then, but we won't sit by and keep on crying, we just have to make every opportunity count, by buying BTC through the DCA method because we are still in the early days of the rise of Bitcoin.

We cannot completely say Bulgaria owns the largest BTC. However Bulgaria is one of the countries along India, China, USA, Nigeria etc. who has a good number of its citizens owns BTC.

From all occurrences there is no better time to buy Bitcoin but for last year. The price of Bitcoin fell to a lowest of $17,000 Just spot you own minimal and buy as many as you can afford. You can start accumulating gradually which is one way a lot of persons here in this community did. However this year 2024 will pose another opportunity which you can profit from but remember ETF approval is at the corner, Halving Event is forth coming. This serve as opprtunity for BTC to go high.

Be watchful.

Cryptocurrency is slowly taking over the world and some hotels are now accepting Bitcoin as means of payment and Bulgaria as a country owns the highest Bitcoin as a country.
Around 2018 a friend of mine bought some unit of Bitcoin equivalent to $1,000 and also advise me to do same but I refused and was skeptical about it because I was of the notion that "what is really moving is coin of a currency" fast-forward 4 years later my friends share or unit of Bitcoin skyrocketed to $10,000 and I was at thr losing end just to be left with the thought of had I know.
When Bitcoin first broke out there was a man Laszlo who exchanged $10,000 worth of Bitcoin for two Papa John's Pizza from Jeremy but fast-forward to today Jeremy can purchase a million pack of pizza worth $10000 and still have more BTC left for him .
Nevertheless me falling short of the first opportunity of buying Bitcoin I'm still hoping of an opportunity to present it self so I can get the little bit of Bitcoin to my custody and I also advise both my friends and enemies to buy as much cryptocurrency they can because cryptocurrency is the currency of the future.