We all gonna be filthy rich and here is why:

gentlemand

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Quote from: Sundark on March 02, 2017, 11:40:34 AM

Are we really gonna complain because we failed to accumulate enough BTC while it was still cheap? It is our own fault.

Yes.

Everyone wants their big cake and also the freedom to gorge on it.

I only wish the whole BTC thing had switched to Mbtc or whatever ages ago to stop newcomers feeling deprived. Psychological barriers matter even when they're totally daffy.

Sundark

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Quote from: helloeverybody on February 25, 2017, 09:53:50 AM

Id like to be able to put aside 2 or 3 bitcoin a year but thats looking ever more unlikely now due o bitcoin being so expensive. If 1k is the floor then it wont be long before people start talking more about satoshis and less about full bitcoins.

Isn't that what we were aiming for? Adoption, rising bitcoin awareness and more users = price increase due to increased demand.
Are we really gonna complain because we failed to accumulate enough BTC while it was still cheap? It is our own fault.

Zitudent

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Quote from: helloeverybody on February 25, 2017, 09:53:50 AM

Quote from: valta4065 on February 25, 2017, 08:28:45 AM

Quote from: Shiroslullaby on February 25, 2017, 08:03:31 AM

Quote from: Denker on December 25, 2016, 08:34:01 AM

So having a long breathe and being patient may really extremely pay off in for instance 10 years?!

If you have the money to invest, a long-term plan for owning Bitcoin is probably a good investment.
Even owning 1 Bitcoin would be a good idea for any investor.

I agree, on long term btc might become something that will change your (future) life!
I try to put at least 2 or 3 btc on a side every year, it's becomming harder with the rise of the price but can't say I'm unhappy about that xD

Id like to be able to put aside 2 or 3 bitcoin a year but thats looking ever more unlikely now due o bitcoin being so expensive. If 1k is the floor then it wont be long before people start talking more about satoshis and less about full bitcoins.

It might be likely now. but in the next few year, it is not very possible.

helloeverybody

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Quote from: valta4065 on February 25, 2017, 08:28:45 AM

Quote from: Shiroslullaby on February 25, 2017, 08:03:31 AM

Quote from: Denker on December 25, 2016, 08:34:01 AM

So having a long breathe and being patient may really extremely pay off in for instance 10 years?!

If you have the money to invest, a long-term plan for owning Bitcoin is probably a good investment.
Even owning 1 Bitcoin would be a good idea for any investor.

I agree, on long term btc might become something that will change your (future) life!
I try to put at least 2 or 3 btc on a side every year, it's becomming harder with the rise of the price but can't say I'm unhappy about that xD

Id like to be able to put aside 2 or 3 bitcoin a year but thats looking ever more unlikely now due o bitcoin being so expensive. If 1k is the floor then it wont be long before people start talking more about satoshis and less about full bitcoins.

adidas

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Americans do it better

Quote from: Shiroslullaby on February 25, 2017, 08:03:31 AM

Quote from: Denker on December 25, 2016, 08:34:01 AM

So having a long breathe and being patient may really extremely pay off in for instance 10 years?!

If you have the money to invest, a long-term plan for owning Bitcoin is probably a good investment.
Even owning 1 Bitcoin would be a good idea for any investor.

Owning 1 Bitcoin a year sounds like possible for most of the forum members. They eat, sleep and think about bitcoin. I think in a pure 35.000 dollars price for 1 bitcoin in the year 2025 and this is pure speculation. Now imagine if I am right owning 8 bitcoins until then will make you 280.000 dollars. That is a big amount of money even here in the USA , imagine in other countries. I agree soon we will be filthy rich if we stick to the plan of holding.

valta4065

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Quote from: Shiroslullaby on February 25, 2017, 08:03:31 AM

Quote from: Denker on December 25, 2016, 08:34:01 AM

So having a long breathe and being patient may really extremely pay off in for instance 10 years?!

If you have the money to invest, a long-term plan for owning Bitcoin is probably a good investment.
Even owning 1 Bitcoin would be a good idea for any investor.

I agree, on long term btc might become something that will change your (future) life!
I try to put at least 2 or 3 btc on a side every year, it's becomming harder with the rise of the price but can't say I'm unhappy about that xD

Shiroslullaby

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Quote from: Denker on December 25, 2016, 08:34:01 AM

So having a long breathe and being patient may really extremely pay off in for instance 10 years?!

If you have the money to invest, a long-term plan for owning Bitcoin is probably a good investment.
Even owning 1 Bitcoin would be a good idea for any investor.

n0ne

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Quote from: Zitudent on February 25, 2017, 05:57:35 AM

Quote from: lionheart78 on December 25, 2016, 12:14:39 PM

Quote from: Pierre 2 on December 25, 2016, 07:55:38 AM

Bitcoin was and is alwaya HODL. I mean bull market.
Bears are all temporary. We are still in relatively early age of bitcoin so in couple of years these prices will look cheap.
I don't mean we will be all rich. I mean bitcoin will get popularity and adoption year after year and every rational in market knows this.

Definitely, Bitcoin is still young, Bitcoin users are tiny compares to the world's population. This means the market is still unsaturated. Just imagine if every month a tenth of 1 percent of the population adopt bitcoin, demand will flock in. There is no other way for bitcoin but to increase in price. We just need to hold and be patient.

When the bitcoin price rises, it will attract more people to the bitcoin world. The user number will also increase.

The price increase attracts more users, at the same it will not continue evenly. So the price won't sustain high for a long. It also get evaluated based on the market moved. Sure it makes users filthy rich unlike the price but need to give lot time for earning as well have to stock to scheduled targets.

Zitudent

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Quote from: lionheart78 on December 25, 2016, 12:14:39 PM

Quote from: Pierre 2 on December 25, 2016, 07:55:38 AM

Bitcoin was and is alwaya HODL. I mean bull market.
Bears are all temporary. We are still in relatively early age of bitcoin so in couple of years these prices will look cheap.
I don't mean we will be all rich. I mean bitcoin will get popularity and adoption year after year and every rational in market knows this.

Definitely, Bitcoin is still young, Bitcoin users are tiny compares to the world's population. This means the market is still unsaturated. Just imagine if every month a tenth of 1 percent of the population adopt bitcoin, demand will flock in. There is no other way for bitcoin but to increase in price. We just need to hold and be patient.

When the bitcoin price rises, it will attract more people to the bitcoin world. The user number will also increase.

lionheart78

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Quote from: Pierre 2 on December 25, 2016, 07:55:38 AM

Bitcoin was and is alwaya HODL. I mean bull market.
Bears are all temporary. We are still in relatively early age of bitcoin so in couple of years these prices will look cheap.
I don't mean we will be all rich. I mean bitcoin will get popularity and adoption year after year and every rational in market knows this.

Definitely, Bitcoin is still young, Bitcoin users are tiny compares to the world's population. This means the market is still unsaturated. Just imagine if every month a tenth of 1 percent of the population adopt bitcoin, demand will flock in. There is no other way for bitcoin but to increase in price. We just need to hold and be patient.

thejaytiesto

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Quote from: electronicash on December 22, 2016, 08:12:36 PM

Its not ideal to hold btc still when there are tons of tokens that will soon have better value than the rest. I think those investors who bought btc with fiat intends to buy tokens such as ICN.

The thing is, you never know with alts. Sure the ICN (I guess you mean the Iconomy graph?) looks healthy, but we don't know what the fuck is going on with ETH right now, and let's not forget that ICN is far as I know a token that depends on ETH's health, and ETH has been bleeding for months... so how can you trust your investment? If ICN was a sidechain of Bitcoin I would have already bought some, but since it depends on ETH, I cant trust it.

iqlimasyadiqa

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Quote from: Pierre 2 on December 25, 2016, 07:55:38 AM

Bitcoin was and is alwaya HODL. I mean bull market.
Bears are all temporary. We are still in relatively early age of bitcoin so in couple of years these prices will look cheap.
I don't mean we will be all rich. I mean bitcoin will get popularity and adoption year after year and every rational in market knows this.

so true . would increase every year. bitcoin prices will rise. we must be optimistic that in the future the price of bitcoin will exceed the level which was very nice. it is one that affects the circulation of bitcoin future.

CoinCidental

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Si vis pacem, para bellum

Quote from: Denker on December 25, 2016, 08:34:01 AM

Quote from: Pierre 2 on December 25, 2016, 07:55:38 AM

Bitcoin was and is alwaya HODL. I mean bull market.
Bears are all temporary. We are still in relatively early age of bitcoin so in couple of years these prices will look cheap.
I don't mean we will be all rich. I mean bitcoin will get popularity and adoption year after year and every rational in market knows this.

Sure to hodl seems to tbe the easiest way if you have no idea how trading works and you don't have enough money doing it.
I also agree that Bitcoin still is an early stage, in terms of technological development as also pricewise.
So having a long breathe and being patient may really extremely pay off in for instance 10 years?!

you can doublle your money hodling for just 6 months sometimes......nice easy profits Wink

Denker

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Quote from: Pierre 2 on December 25, 2016, 07:55:38 AM

Bitcoin was and is alwaya HODL. I mean bull market.
Bears are all temporary. We are still in relatively early age of bitcoin so in couple of years these prices will look cheap.
I don't mean we will be all rich. I mean bitcoin will get popularity and adoption year after year and every rational in market knows this.

Sure to hodl seems to tbe the easiest way if you have no idea how trading works and you don't have enough money doing it.
I also agree that Bitcoin still is an early stage, in terms of technological development as also pricewise.
So having a long breathe and being patient may really extremely pay off in for instance 10 years?!

Pierre 2

legendary

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Bitcoin was and is alwaya HODL. I mean bull market.
Bears are all temporary. We are still in relatively early age of bitcoin so in couple of years these prices will look cheap.
I don't mean we will be all rich. I mean bitcoin will get popularity and adoption year after year and every rational in market knows this.

talkbitcoin

legendary

Activity: 1372

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All I know is that I know nothing.

all of the early adopters are going to be filthy rich and it is all about when you get in. if you got in back in 2009 you could have gained $1200 per coin, if 2014-2015 you could have gained $700 per coin and if 2016 you could have gained ~$300 and so on.

and soon there will be a day when people are going to regret not getting in today either because price is going to be 10K Cheesy

tabnloz

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Quote from: piramida on December 21, 2016, 08:24:31 PM

Quote from: Arrakeen on December 21, 2016, 04:29:34 PM

No way will I buy now.

Every freakin' time I buy, the price drops 10% the next day and slowly dwindles while feelings of depression rise.

If I think, 'hey I could make a profit selling right now' and actually sell some BTC - guess what happens the next day? $50 increase.

Same thing with alts...I'll hold for months, only to sell during a small rise and see its price skyrocket THE VERY NEXT DAY. Why, god? Why must you torture me like this?

Protip: HODL. That is the only true way. HODL with a few year target. Get rewarded. Try catching spikes? Lose all. Simple.

It may be a meme but it has been a successful strategy for pretty much all of btc's existence. That doesn't discount the brutal bear market we've endured, but shit if you bought in 2012-13 you could have just did nothing and been up 1000%.

CoinCidental

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Si vis pacem, para bellum

Quote from: European Central Bank on December 21, 2016, 05:12:32 PM

Quote from: podyx on December 21, 2016, 04:44:06 PM

Precisely, institutions and VC money stand behind it now.

During the run up to $266 and $1163 it was small timers who saw potential and libertarians who was buying. Things are different now.

fair enough but i just can't see these guys being keen on initiating bubbles by enriching the scum who held the torch for so long. i guess at some point someone has to shit or get off the pot but they didn't get rich by announcing to the world that they were gonna make others rich first.

Kim Dotcom and Vinny lingham are a couple of people who have advised to buy btc in the past and correctly predicted a rise

KIm says $2k in 2017 and Vinny says $3k so the market is looking rather positive wit institutions and hedge funds warming up to the idea of adding btc to their mega stack

tabnloz

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Quote from: Ibian on December 22, 2016, 01:16:02 AM

Quote from: European Central Bank on December 21, 2016, 05:12:32 PM

Quote from: podyx on December 21, 2016, 04:44:06 PM

Precisely, institutions and VC money stand behind it now.

During the run up to $266 and $1163 it was small timers who saw potential and libertarians who was buying. Things are different now.

fair enough but i just can't see these guys being keen on initiating bubbles by enriching the scum who held the torch for so long. i guess at some point someone has to shit or get off the pot but they didn't get rich by announcing to the world that they were gonna make others rich first.

But they will, if they want in at all. If they don't, the price will eventually creep up anyway as billions of joes around the world start using it. And they know this.

I don't think the 'making those early adopter assholes rich' is relevant. If they want in they have to pay out the early holders, like it or not.

It is whether 'big money' sees the potential in it to make further money and subsequently has the avenues to buy in significantly.

Historically its beaten every other asset into the ground apart from the 1 year; I actually hope bankchains take off - gives bitcoin a shitload more credibility if the banks adopt its technology

Shiroslullaby

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The rise from $800 to $900 could be very quick, so early investors stand to make a LOT of money if they still have their coins.
Even if we see a small dip the bottom seems pretty high these days.

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