No one really knew that bitcoin would be this big, those stats are years ago when bitcoin was just starting, its not really relevant for our time to talk about the past price of bitcoin or people who dump their coin.
People gain and lose sometimes but no one exactly knew what was the future of bitcoin back then since there were less participants or user of bitcoin in the years of your stats.
Topic: Remember when this looked like the end of the world? (Read 664 times)
Yes, the times change and the price of bitcoins has also changed for the better. I think it is inappropriate to hurry and make quick decisions about which you can later regret. It is better to work slowly and receive stable dividends than to hurry and regret about the work that could still be done.
I was remembering the good old times and saw this:
http://image.ibb.co/gPoKXw/bitcoin_price.png
Back then, a lot of people sold their bitcoins, and never came back. These people are of course hating themselves for life. People like this:
http://image.ibb.co/cNbOsw/42352123.png
This guy saw a huge, unsustainable bubble at $15, the price went as high as $30+ before the correction. These are the type of guys that are perma-bears and hate people that held it and will try to make you dump just to feel better about how wrong they were.
And also realize how the % of volatility has went down a lot, even with the current ups and downs.
Study the price and the perspective that people had back then to get a better picture.
When it's look like the end of the world I think when we experience certain calamities earthquakes, typhoons,wars happen it the world I think it's a sign of the world end http://image.ibb.co/gPoKXw/bitcoin_price.png
Back then, a lot of people sold their bitcoins, and never came back. These people are of course hating themselves for life. People like this:
http://image.ibb.co/cNbOsw/42352123.png
This guy saw a huge, unsustainable bubble at $15, the price went as high as $30+ before the correction. These are the type of guys that are perma-bears and hate people that held it and will try to make you dump just to feel better about how wrong they were.
And also realize how the % of volatility has went down a lot, even with the current ups and downs.
Study the price and the perspective that people had back then to get a better picture.
What are you talking about? Why feel sorry for those who sold their bitcoins? They had the opportunity then to buy your coins back. I'm sure many people did. Now, too many people buy and sell bitcoins every day. You all will feel sorry for them? Perhaps in the future bitcoin will be worth $ 100,000. What are we not to sell the coins today?
Exactly, why feel sorry for such folks who thought themselves to be wise and sold their bitcoins for their fiats. I don't sympathize with them one bit. It's a lesson for our generation also to learn and not sell at the hearing of a dip or any negative news.
Yes, the times change and the price of bitcoins has also changed for the better. I think it is inappropriate to hurry and make quick decisions about which you can later regret. It is better to work slowly and receive stable dividends than to hurry and regret about the work that could still be done.
Like you have said, it is not suitable for a person who is trading or investing in bitcoins and he wants to do everything so fast. This fastness can make you suffer and you will be regretting at the end. Better is to take some wise steps and don’t go for uncertain and hurry decisions.
There will be no end of the world so the sun rises from its setting ie the sun rises from the west but man ever that year will happen
Yes, it is not the end of the world and it is just the way things are meant to be in life. Sometimes, you take a bold risk, it pays off and sometimes it does not. And even most times when you think you are making the best decision and then you find out later that it is not the best after all but one of the worst you could ever make, but you cannot kill yourself for it. The most important thing is to retrace.That is one thing about life and there is really no point making any regrets when there is absolutely nothing no one can do about it. This has always been the way things have been and only those who had the strong guts always last or find a way to stick to their guts even if they end up losing all.
I am not sure no one would have ever come back, as they have been in the system and there is just no way would they not have known they should at least at some point get in back.
If a bitcoin holder in the past has a vision in the future he will certainly hold the bitcoin he has, so he also gets a great income from bitcoin. But humans have different thoughts on bitcoin. and the difference in thinking that makes bitcoin success as it is today. If everyone becomes seller then who will be the buyer?
The variety in thinking’s of human beings, this thing make the whole scenarios. Like you said, what if everyone is start holding and don’t selling then who will be going to buy. Thus there comes different people from different backgrounds and they are working differently. Most of the people don’t want to hold because they need money and thus, this selling buying continues to an end.Okay, that's indeed known by us. I also sell sometimes when I need fiat money. What I actually wonder is the poin of view of the person who opened the thread. I couldn't see his point by giving the graph in the first post.
I was remembering the good old times and saw this:
Back then, a lot of people sold their bitcoins, and never came back. These people are of course hating themselves for life. People like this:
This guy saw a huge, unsustainable bubble at $15, the price went as high as $30+ before the correction. These are the type of guys that are perma-bears and hate people that held it and will try to make you dump just to feel better about how wrong they were.
And also realize how the % of volatility has went down a lot, even with the current ups and downs.
Study the price and the perspective that people had back then to get a better picture.
Back then, a lot of people sold their bitcoins, and never came back. These people are of course hating themselves for life. People like this:
This guy saw a huge, unsustainable bubble at $15, the price went as high as $30+ before the correction. These are the type of guys that are perma-bears and hate people that held it and will try to make you dump just to feel better about how wrong they were.
And also realize how the % of volatility has went down a lot, even with the current ups and downs.
Study the price and the perspective that people had back then to get a better picture.
Those kind of guys doesn't deserve success here in bitcoin, maybe he deserve something different. But we can't just laugh at him and some others who left this forum because even almost old users didn't expect the price of bitcoin to rise like this didn't you? I'm sure that guy is drowning in regret at this moment because he gave up easily, or maybe, he now has a better job that is why he chooses not to come back.
woow 30 USD at that time and people judge him for that old time post
i join this forum this year now here i am still unable to hold more BTC (actually because of price)
and i dunnow what to do to buy more or wait it till down a bit
just like the person in post#1
actually now i'm understand what he think at that time, price go high too fast just like this month
same situation but different in price
what to do now...
i join this forum this year now here i am still unable to hold more BTC (actually because of price)
and i dunnow what to do to buy more or wait it till down a bit
just like the person in post#1
actually now i'm understand what he think at that time, price go high too fast just like this month
same situation but different in price
what to do now...
If a bitcoin holder in the past has a vision in the future he will certainly hold the bitcoin he has, so he also gets a great income from bitcoin. But humans have different thoughts on bitcoin. and the difference in thinking that makes bitcoin success as it is today. If everyone becomes seller then who will be the buyer?
The variety in thinking’s of human beings, this thing make the whole scenarios. Like you said, what if everyone is start holding and don’t selling then who will be going to buy. Thus there comes different people from different backgrounds and they are working differently. Most of the people don’t want to hold because they need money and thus, this selling buying continues to an end. 
Yes, the times change and the price of bitcoins has also changed for the better. I think it is inappropriate to hurry and make quick decisions about which you can later regret. It is better to work slowly and receive stable dividends than to hurry and regret about the work that could still be done.
I was remembering the good old times and saw this:
[im g]http://image.ibb.co/gPoKXw/bitcoin_price.png[/img]
Back then, a lot of people sold their bitcoins, and never came back. These people are of course hating themselves for life. People like this:
[im g]http://image.ibb.co/cNbOsw/42352123.png[/img]
This guy saw a huge, unsustainable bubble at $15, the price went as high as $30+ before the correction. These are the type of guys that are perma-bears and hate people that held it and will try to make you dump just to feel better about how wrong they were.
And also realize how the % of volatility has went down a lot, even with the current ups and downs.
Study the price and the perspective that people had back then to get a better picture.
Don't bother with the thought of others. It's their own assumptions it's totally up to your own final decision. Back then bitcoin did not seem to have much potential becuase of it's scarce market cap but today it's soaring in poularity,price and demand.[im g]http://image.ibb.co/gPoKXw/bitcoin_price.png[/img]
Back then, a lot of people sold their bitcoins, and never came back. These people are of course hating themselves for life. People like this:
[im g]http://image.ibb.co/cNbOsw/42352123.png[/img]
This guy saw a huge, unsustainable bubble at $15, the price went as high as $30+ before the correction. These are the type of guys that are perma-bears and hate people that held it and will try to make you dump just to feel better about how wrong they were.
And also realize how the % of volatility has went down a lot, even with the current ups and downs.
Study the price and the perspective that people had back then to get a better picture.
I remembered when I held still back in 2013 after the whole huge dump, at some point, I almost gave up and then when I realized anyway that I invested what I could afford to lose, that kept me going till date.
Let's not judge them like this. I wasn't a holder at that time, I didn't even knew bitcoin back then, so that guy was still ahead of a lot of people. Maybe he changed his mind and bought more, as many of us do, now that bitcoin keeps showing us that is here to stay, and progresses through every obstacle it encounters during the way, like silk road, mtgox, hard forks, china ban, etc.
It's not easy to know what to do with such a new technology. Bitcoin has value, but no one knows how it will evolve, and not everyone can risk it, so I can't blame him for those comments.
It's not easy to know what to do with such a new technology. Bitcoin has value, but no one knows how it will evolve, and not everyone can risk it, so I can't blame him for those comments.
Jumping in a little belatedly, but I'm with you here. It's easy to judge these people with our benefit of extreme foresight but we cannot take things out of context. Remember that these guys started out when Bitcoin was worth nothing, possibly a few cents if you could find someone to buy a lot of coins from you with spare change. For them, $30 was not only a 300,000% increase from a value of 1 cent, it was virtually infinite increase from the value of nothing.
Note that his signature also doesn't give up entirely on Bitcoin, it was simply the abandonment of the dream, not the ideal.
We may never know the nett effect of people like him. If he dumped everything, the he helped to create and sustain a market that put a value to Bitcoin. If everyone held, Bitcoin couldn't be used, wouldn't be suitable for use at all.
And I can definitely feel where he's coming from. Of course the signs are worrying, and of course the rise is "too damn high" and "too damn fast". Can't deny that this mega bull cannot be healthy for the medium term. Remember what happened the last time Bitcoin rose so high, and that bubble popped? It took years to recover.
I was remembering the good old times and saw this:
Back then, a lot of people sold their bitcoins, and never came back. These people are of course hating themselves for life. People like this:
This guy saw a huge, unsustainable bubble at $15, the price went as high as $30+ before the correction. These are the type of guys that are perma-bears and hate people that held it and will try to make you dump just to feel better about how wrong they were.
And also realize how the % of volatility has went down a lot, even with the current ups and downs.
Study the price and the perspective that people had back then to get a better picture.
Back then, a lot of people sold their bitcoins, and never came back. These people are of course hating themselves for life. People like this:
This guy saw a huge, unsustainable bubble at $15, the price went as high as $30+ before the correction. These are the type of guys that are perma-bears and hate people that held it and will try to make you dump just to feel better about how wrong they were.
And also realize how the % of volatility has went down a lot, even with the current ups and downs.
Study the price and the perspective that people had back then to get a better picture.
Basically, everyone then bought and sold at prices they felt they were good at. There is no need for regrets, they never saw this coming.
When Bitcoin was $3000 so many people sold and now it's almost $18k, people are still selling. If Bitcoin should get to $30,000 alot of people who were once happy for selling at $18k will look like they have made a mistake.
Wow, $15, now it even exceeded $15,000. Had I been that early and managed to stay in, I would have been a millionaire now. But then again, they probably never expected it to reach this point. They saw a bubble simply because how it was in comparison to the previous prices they saw.
I would understand why they feel disappointed though.
What are you on?
Me too, I wish I had such an opportunity to invest at that time (I even wish I discovered Bitcoin when it was around just $1, cos I remember someone saying that Bitcoin was even sold at the price rate of $0.7 to $0.9, wow, Such a good cheap price rate. I would understand why they feel disappointed though.
There will be no end of the world so the sun rises from its setting ie the sun rises from the west but man ever that year will happen
What are you on?
Well, I won’t really blame all those guys that withdrew their money when price rate of Bitcoin was at $30. Who would have believed that BITCOIN will go from such a low rate of $30 to this high price of $15,000plus!
Never knew bitcoin thoroughly at that time though I'm already hearing about it in reddit. Man that was the era of the bears, also during late 2013-early 2016. Everyone was like full bearish mode and no one really wants to invest except those who really believe that we could achieve higher highs and break the record since it's what bitcoin is destined for. Can't blame the dude though, he's only acting based on what's acceptable and realistic during those times. No one knows bitcoin will be this big in the first place, neither does he.
Panic sellers deserve their fate and we should not feel pity form them at all because had it not been those who kept faith in bitcoin and held their stake in it would it have grown to this value that we are all singing about today? so i don't think they have a part in the merry making.
It was a fate they chose for themselves and I am pretty sure they must have realized their mistakes. Everyone can make mistakes and there is no way we can really tell what the future holds. That was their own mentality about the whole thing back then and they acted based on how they felt. That does not mean they could not have been right, but shit just happens.
If a bitcoin holder in the past has a vision in the future he will certainly hold the bitcoin he has, so he also gets a great income from bitcoin. But humans have different thoughts on bitcoin. and the difference in thinking that makes bitcoin success as it is today. If everyone becomes seller then who will be the buyer?
Wow, $15, now it even exceeded $15,000. Had I been that early and managed to stay in, I would have been a millionaire now. But then again, they probably never expected it to reach this point. They saw a bubble simply because how it was in comparison to the previous prices they saw.
I would understand why they feel disappointed though.
What are you on?
I think no one can talk about the end of the world right now because neither there is time machine invented nor any other time device so no one know about know about the end of the world except God. If we come to bitcoin then I think that its price is increasing constantly with its demand and importance because its usage is increasing with the speed of light and as a currency its amount is fixed. I would understand why they feel disappointed though.
There will be no end of the world so the sun rises from its setting ie the sun rises from the west but man ever that year will happen
What are you on?
What are you talking about? Why feel sorry for those who sold their bitcoins? They had the opportunity then to buy your coins back. I'm sure many people did. Now, too many people buy and sell bitcoins every day. You all will feel sorry for them? Perhaps in the future bitcoin will be worth $ 100,000. What are we not to sell the coins today?
Exactly, why feel sorry for such folks who thought themselves to be wise and sold their bitcoins for their fiats. I don't sympathize with them one bit. It's a lesson for our generation also to learn and not sell at the hearing of a dip or any negative news.
It was their call and I am sure a lot of them would have gotten past it by now or probably did not even sell most of their coins just in case and decided to only sell few. Also, they were just kind enough to give some of us at a lower value.
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