Wasn't he referring to seasonal rains?
Isn’t it Bitcoin season?
Yes, since 2009 actually
Of course, overall bitcoin has done quite well since it went live in January 2009, yet who the hell really knew about it for some time... except for a few guys that were really in the nerdiest of nerdy circles in terms maybe having some potential technical knowledge.
And, still bitcoin did not really get any kind of attempts at tangible price discovery until around May 2010, the time of the pizzas transaction.. and maybe there have been some spreading of the news about bitcoin as the price was getting assigned to it and it was being found out about by more and more people. I am pretty sure that I heard the word, "bitcoin" a few times before I looked into it, and maybe I just thought something superficial that it is a kind of invented money like Lindy Dollars or whatever.
I do believe that we should be attempting to consider some of the nuances of bitcoin's price movements and cycles which does seem to cause it to have seasons in which some folks could well be in a world of hurt if they are not able to figure out strategies to get through the cycles.. both financially and psychology, and surely hardly any of us were able to get into bitcoin in 2009 or even sometime soon thereafter be able to have some of the pleasures of experiencing the price appreciation of its whole life... We only know about bitcoin between 2009 and whatever time that we got in through the experiences of others - not that I am saying that you actually "have to" own bitcoin in order to benefit from its invention and they incentive systems that it has set up that will likely end up benefiting everyone, whether they own it or not... and sure the owners of bitcoin do seem to have gotten quite rewarded through the years and likely to continue to be rewarded as far as what seems to be likely in the future.
To level up, you need merits and activity, and to become Legendary you need 1000 merits and an activity of 775-1030 (chosen at random).
He had the merits, not the activity.
He had the merits, not the activity.
Gawd, i got it wrong (again). I'm not surprised, like most of you aren't too...
EDIT: Maybe BTC can buy me a reliable brain again in the future. But then i will be old, so i won't need it by then
Don't worry, the fact that you own BTC means that you belong to the top 0.1% of the smartest people on Earth. Your brain is fine.
I hate to quibble with a fellow bull - but seems to me that there is some level of smarts and luck in terms of finding out about bitcoin and then acting upon such knowledge. When I found out about bitcoin in late 2013, I was so damned ready for it because it seemed to have been exactly the investment category that I was looking for and so maybe I am one of the rare ones in which the concept clicked almost immediately in terms of the proposition of bitcoin and my desire to get a stake in it, but I surely am not claiming to be any kind of genius in terms of the strategy that I established and if there might have been some better ways of going about my investment into bitcoin in terms of where I was at at the time that I found out about it.
And, yeah, I use the term "found out about it" loosely because I hardly even knew exactly what bitcoin was except for some descriptions of it and what it was trying to achieve, and so part of my initial goal was to start to get a stake in bitcoin but to also study the matter at the same time and to figure out if maybe I needed to readjust my strategies or my ideas about what it was that I was investing into.
There are so many people who neither had the luxury of being in the mental/financial place that I was when I got into bitcoin nor are there many people who have the luxury to spend a lot of time studying a matter...
Many of us heard about the August 2020 article regarding yuppies dismissing bitcoin (a r/bitcoin link on the topic, too), and yuppies are considered to be smart people, but the article is likely correct about some mental blocks that cause difficulties for them to take action in terms of either investing into bitcoin or researching into it more. Most of them will likely come around sooner or later, and many of them are likely smarter than a lot of us here, just smart in different ways that end up causing them to be a bit of laggards in the likely largest transfer of wealth in our lifetimes, and perhaps the largest peaceful transfer of wealth in the history of man, perhaps? perhaps?
Here's the full story:
I heard about bitcoin earlier than i considered to get some. I read about it, which was inevitable in my life as a computer nerd, pretty early. I can't name a year, but it must have been before the pizza event. Later, i heard and read something here, something there, prices, volatility... and i got paid in fiat pretty nicely, had a habit to use drugs in quite some of my free time. I didn't even think about investing at that time at all. In 2014 a friend told me how he was ordering drugs on the darknet and paying them with bitcoin. That's why i wanted to have BTC initially. Then i never bought, because i could get all the drugs i liked easily, so i had no intention to go the darknet way. I also had severe problems with fatigue, weak but low threshold immune response, and much worse memory problems, compared to today. Later, in 2017, i was planning to invest in it. I had three kids at the time, living from insurance money, so i had plenty of reasons to start shaping the financial future of my family. As i knew most of the "well known" fundamentals about BTC already, it was an easy decision. I also found out that i favored the idea of Bitcoin over the fiat system from the time i knew about it. Even if i end up poor, i would still prefer Bitcoin over fiat money.
