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Topic: The One Thing Bitcoin Has Taught Me ... (Read 6774 times)

full member
Activity: 150
Merit: 100
November 19, 2013, 12:08:47 AM
#72
is never ever pre-order shit!

[reply with yours]

True DAT TRUEEE DAT

(especially never ever order next gen miners from a company who obsessively burns them in for a full year before shipping.)
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
November 18, 2013, 11:59:12 PM
#71
Bitcoin have taught me to trust and believe in decenteralised system. To believe in the idea itself and fight for it even when no one or very few people are.

I was in after the big crash from ~$30, Decided to first understand the idea, understand Bitcoin. Believe me if you do you will still rally for Bitcoin even if TODAY it fell from $700 to 50 Cents.
newbie
Activity: 46
Merit: 0
November 18, 2013, 10:04:05 PM
#70
Do not give up on a new technology because you can't figure out how to work with it. Spent about an hour trying to get the mining software I downloaded to receive some work from the mining pool and ended up giving up on bitcoin till about 6 weeks ago. This was back when bitcoin-qt was version ~0.2
member
Activity: 98
Merit: 10
November 18, 2013, 09:52:27 PM
#69
That the future is bright. Even brighter than I had imagined given I was more of a doom and gloomer before I discovered Bitcoin.
sr. member
Activity: 458
Merit: 250
November 18, 2013, 08:57:35 PM
#68
buy low, sell high Smiley
full member
Activity: 150
Merit: 100
November 18, 2013, 08:40:30 PM
#67
No matter how clever you think you are there's always someone cleverer than you.
sr. member
Activity: 434
Merit: 250
November 18, 2013, 08:35:29 PM
#66
i should have planned better and earlier. it's all hindsight now, i know, but i should have had a plan.

looking back, i should have purchased 1000BTC.. because once it hits $1,000 USD/per, i'd be a millionaire. i'd sell off a small portion of my holdings at $1000 (say 15%), and hold until it's $10,000 and then sell off another 15%.

that kind of planning would lead to early retirement.. but alas, i did not have the foresight. i am a fool for not planning ahead.
member
Activity: 112
Merit: 10
November 18, 2013, 07:13:50 PM
#65
... if you don't have the private key you don't have any Bitcoins (ask the users of Input.io, Bitcoinica, bitfloor, instawallet, etc, etc, etc).

I second that and hold your btc!
sr. member
Activity: 252
Merit: 250
November 18, 2013, 06:12:20 PM
#64
legendary
Activity: 1145
Merit: 1001
November 18, 2013, 06:11:32 PM
#63
Buy and HOLD.
hero member
Activity: 898
Merit: 1000
November 18, 2013, 05:00:40 PM
#62
....Is that when an anonymous hacker invents a revolutionary financial technology... pay attention.
hero member
Activity: 686
Merit: 500
November 17, 2013, 11:13:16 AM
#61
Is to never trust anybody
N12
donator
Activity: 1610
Merit: 1010
November 17, 2013, 10:43:41 AM
#60
You can actually make money in financial markets without having insider information.
legendary
Activity: 1458
Merit: 1006
November 17, 2013, 10:29:38 AM
#59
Sometimes "hacking" pays even more.

How very true. As a rule of thumb:


Whenever a sufficiently anonymous service is entrusted with bitcoins without sufficient collateral,
and the amount thus entrusted is large compared to the profitability of the service,
that service will cease to exist when the ratio of coins coming in to the coins going out turns negative.

legendary
Activity: 1449
Merit: 1001
November 17, 2013, 10:23:24 AM
#58
Never trust a pirate.
full member
Activity: 196
Merit: 100
November 17, 2013, 10:13:44 AM
#57
... how to be philisophical about life :-D when I could have bet the farm when it was 5$ but didn't got I got distracted  Embarrassed
legendary
Activity: 2674
Merit: 2965
Terminated.
November 13, 2013, 12:26:16 AM
#56
Hacking does pay.  Cheesy

Sometimes "hacking" pays even more.
Much more for that fact. There were more "hacks" than hacks here.
donator
Activity: 1218
Merit: 1079
Gerald Davis
November 13, 2013, 12:20:51 AM
#55
Hacking does pay.  Cheesy

Sometimes "hacking" pays even more.
legendary
Activity: 2674
Merit: 2965
Terminated.
November 13, 2013, 12:02:36 AM
#54
Hacking does pay.  Cheesy
legendary
Activity: 2674
Merit: 2965
Terminated.
November 12, 2013, 06:26:53 PM
#53
Do you still believe inputs.io was hacked ?
I'm giving TF a chance.
Anything is possible.
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