Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16099. (Read 26607825 times)

One of my best friends I've been trying to get into BTC for years, finally took the plunge at $3800 which I thought was insane at the time & just look.  In 2 months almost doubled.  Insane! It's never too late to get on this wild ride.

My girlfriend is hopelesser than hopeless !

These are friends. I don't think I could if I wanted to, but that was never the point. I just knew they'd forget....and they did. I onboarded two chaps too.  So there. They all still need to sign in with their own emails / PWs & 2FA.

I first talked to my colleagues about Bitcoin back in 2015. I was laughed at, ridiculed, called a fool, and even accused of supporting drug dealers and pedophiles... I stopped talking about it until early 2017, when our team leader at work asked about it. This time my colleagues were not so eager to joke and laugh about it, but still didn't accept it. After explaining to him about how it works and how to get it, he thought about it, told me something about Ethereum and whether he should get that instead, and eventually chickened out and didn't buy anything. He considered 1 BTC to be too expensive for him at that time (it was around 800 €/coin then). I explained that he could buy a fraction of it, but he never did. He was then transferred to another department and I never saw him again.

At that time, early 2017, when Bitcoin was mentioned again, I had an idea, which I heard in one of Andreas Antonopoulos's talks. I decided to offer the equivalent of 1 € worth of BTC to each person I discuss Bitcoin with. I remember installing wallets on their smartphones and doing the transfers. They all gathered around me screaming "I want it too!" like crazy. I remember the amount I gave them was something like 0.0012 BTC each (which was 1 € at the time).

Guess what? Now, after 10 months, that amount of 0.0012 BTC has a value of 6 €, and I'm sure they've been watching it rise to that value and realizing what they've missed! Many of them have already asked me how to get more and even apologized for being so harsh and dismissive. Well, now I just say "just Google it, mate." Can't be bothered. I do help in many cases when I see genuine interest, but to those that joked and laughed, I let them learn their lesson.

Could be the below Forbes article....well written...even though I don't think it is as 'dire' as it puts the segwit2+2mb fork

https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/laurashin/2017/10/23/will-this-battle-for-the-soul-of-bitcoin-destroy-it/&refURL=https://www.google.com/&referrer=https://www.google.com/


With every epic pump a corresponding amount of FUD must fall I guess.

I have a similar story, but i won´t bore you, let´s just be happy. But its sad, we couldn´t take all this people with us. I´m definitely gonna make some donations . . . .

They were so close !

Thanks for the answer to you and other!

I see... You make good points, and its true, you can gpu mine something else!


Great stories guys! IT does take some balls to pres the buy button. I had a great adrenaline rush when I did my first purchase just in june this year!

So did the bitcoingold snapshot take place? where can I read about that?

DCG or some other whale probably decided the alts needed a little love. Probably, because they've been accumulating them.

Why Thursday or Friday? The snapshot height already happened...

why?

sell off should be Thursday, Friday as bitcoin gold all done

fake sell off, profit taking (likely, excellent amount of buy orders to sell into)

this dump has me stumped

And I have to admit BCH's anemic performance in the alt rally is very satisfying.

Money flowing back into alts post BTG...

Anyone else here have InteractiveBrokers?

Can confirm no longer can buy bitcoinxb??

Selling pressure this week now from the USA?

Just posted this.

I have several people asking me about Bitcoin, especially knowing I am retiring because of it. One guy at work who obviously hates his job sees it as a way for him to retire too so he asks how to get into it, then sighs when he realizes that he would have to wait. Sort of depressing every time I talk to him. They just want to get rich quick, I know he doesn't care about Bitcoin and I would rather not help but I will for the sake of being cordial.

Most people that are overseas I remind them that Bitcoin is a cheaper way of dealing with money than the way they are currently getting their money (going to the ATM to get dollars, taking those dollars to the overpriced exchange to change it to Won). I also ask them if they ever buy anything on Amazon, and tell them that they can save 15% on all of their Amazon purchases with Bitcoin (everyone out here buys a lot on Amazon, one guy had over $60k spending history in the past few years). I try not to encourage the "get rich quick" folks even though that's most people. After the early phase of "we need Bitcoin regulations" (so the price will go up) people seeping into the community I know better than telling just anyone about it.

Though when they ask me when is the right time to buy I say any time is the right time to buy. I tell them about an order I had in when the price was $230...I got greedy and put my buy order in at $225...it never reached that price again and I had to eventually jump in at $600 to get my money off of the exchange.

WE REACH BLOCK 491407

In the future everyone will have their own 15 minutes of fork.
-Andy Kaufman

Well, so far Trezor and Bittrex have indicated that the code is not ready. At least what they have to review. Furthermore, they want to premine 100K coins. Although the futures are going for about .083BTC on Yobit, now, that is meaningless. I am certain that as soon as BTG goes live, which may be much longer than the Nov 1 target date, this will be probably dumped to a very low value. It might not even be worth it for a whale to figure out how to claim their coins. I certainly hope this doesn't become a trend. I'm sure exchanges and wallet vendors have enough to do than arrange for ways that their users can get every new forkchain. Maybe if BTC wins a resounding victory against the S2X fork and the BTG fork quickly become irrelevant wil discourage this from continuing.
If you want a GPU mineable coin, there are many hundreds to chose from already. Why does the chain have to share most of it's history with the BTC chain?

..and something about a premine (only designed to make the initial devs rich)

..and it doesn't have the genius devs of Core, probably some Chinese dev hacks already paid off by the govt/deep state. Expect bugs, exploits, and back doors in the BTG code moving forward. I heard the devs couldn't even write proper replay protection, and are offering to pay someone else to do it? Oooh, smell that confidence...

Of course this is all just a side-show theater designed and orchestrated to confuse and divide people even more about what is the real Bitcoin. Hence the name "Bitcoin Gold".

The way it was described to me recently here is this:
GPU would work for a short period of time until someone manufactures and monopolizes on ASIC machines to control the hash power. In short, that is what we already have.

Anyone Feel free to correct me if I've got that wrong.

Can someone explain the hate towards btg?

I don't know much about it, but making it mineable with gpu's should make it more decentralized, or no?

What's so wrong with it?

Thanks!

In other words you gave a bunch of women Bitcoin and kept the Bitcoins.