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Topic: What do you think of your first contact with BTC? - page 2. (Read 616 times)

legendary
Activity: 2618
Merit: 1181
Not much crossed my mind when I first got to know bitcoin. I just think that bitcoin is a future investment asset that many people should consider in addition to other investment option. Although at first I didn't think it would be a mean of payment in many countries, but I'm pretty sure bitcoin has more potential and uses then in the future. To be honest, I would probably feel a little disappointed when I have to look back at bitcoin's past versus today. I failed to take advantage of so many opportunities to get more for cheap and now I feel like it will never be good to remember.

-snip-
Correction your quote.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
The first time I came into contact with BTC, I felt that there was little difference between e-payment and BTC. However, with the gradual understanding, e-payment and BTC are becoming more and more different.
 In essence, electronic payment is the circulation of legal currency in one or some countries, while BTC is the circulation all over the world( If every country agrees)
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I'd discover BTC way back in 2018 and I have no idea about the difference between crypto to e-commerce since both are using the digital modes of payment. However, I just realize it a year after exploring cryptocurrency. What makes the system used in BTC different from electronic payment is being decentralized and not being regulated nor monitored by the government. Also, BTC is not really a legal currency that could only exist and be useful in the crypto world but it could be exchanged into fiat money.
full member
Activity: 452
Merit: 101
My brother was who introduced me to bitcoin. At the first time, I only see bitcoin as not so important thing. At that time I already have a job in a company as planning department staff, in my head there is nothing as effective to earn money as run a company. But now I realize that that is just the way of thinking of an employee. I can't become rich as now if I only work as an employee like that. After I learn more about bitcoin, indirectly I also learn about economy, investment, asset, pasive income and etc. And now I decide to continue my study at university to learn about business management. So beside knowing that bitcoin is the best digital payment method, now I have some knowledge that very useful such as how to invest, trading and etc. Also thanks to legendary members and other members who share their knowledge and experience here.
sr. member
Activity: 2618
Merit: 439
My first contact with bitcoin was during my senior year in highschool when my friend introduced me to bitcoin, I had around 100$ worth of bitcoin back then and I was happy to even get to that point because there isn't a lot of bitcoin to go around and all I do is try and save my bitcoin and it did pay off when the 2017 pump happened.
Means you have sold the coins when the ATH happens in 2017?

and you don't even care to buy again? 2021 is your biggest regret as well?
sr. member
Activity: 1274
Merit: 293
My first contact with bitcoin was during my senior year in highschool when my friend introduced me to bitcoin, I had around 100$ worth of bitcoin back then and I was happy to even get to that point because there isn't a lot of bitcoin to go around and all I do is try and save my bitcoin and it did pay off when the 2017 pump happened.
hero member
Activity: 1400
Merit: 571
The way they are being transfer is the same, but the network they are using is different. Bitcoin uses Blockchain which is better than those e-payment like paypal, or whatever e-wallets you use in your country. Bitcoin has its advantage and unique characteristics and my favorite it its volatility that means profit in the long run, unlike fiat that's giving you nothing but inflation.
full member
Activity: 504
Merit: 102
CLEARSIGHT- THE #1 BLOCKCHAIN JOB PLATFORM
My first time buying Bitcoin I invested in a project, a website to earn money and Bitcoin is the best intermediary for me to put cash into that website. For me, Bitcoin is a medium of payment. It wasn't until much later that I became conscious of Bitcoin's technology and its potential to increase in value. I was very regretful because when I bought Bitcoin to put on the website the value of each Bitcoin was only a few hundred dollars. If I had kept them until now, I would have been rich.
PIR
member
Activity: 322
Merit: 10
CRYPTOBLADES Octoblades 10.10
BTC is the mainstream of cryptcurrency.. its like a bridge to connect the entire world- in a bigger sense although not all countries legalize bitcoin yet eventually I believes as they progress and understand the value of bitcoin they will accept it and not banned it. while e-payment on the hand helps local and foreign for their other transaction
sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
The first time I came into contact with BTC, I felt that there was little difference between e-payment and BTC. However, with the gradual understanding, e-payment and BTC are becoming more and more different.
 In essence, electronic payment is the circulation of legal currency in one or some countries, while BTC is the circulation all over the world( If every country agrees)
First contact with BTC, what is in my mind is i can buy mobile data, or maybe pay electricity bills with money that i can earned online. At past there are a lot of site in my country that allow us to deposit BTC (although it is converted to fiat automatically) but with that i don't need to go to shop or maybe no one around me can know i can earn money online and buy digital product by myself.
jr. member
Activity: 83
Merit: 3
The first official understanding was 17 years. At that time, it was difficult to buy coins on the exchange for less than three months, and it was difficult to buy coins for 94 coins. Domestic exchanges and various digital currency transactions were banned. At that time, a large number of exchanges began to move. In other countries, mining was not completely banned in China at that time, so there are still many mining machines in the country that are mining normally.

At that time, there was a big guy around who strongly recommended that Bitcoin is worth buying, and he said many advantages. At that time, he was ignorant or even believers. Ahaha, I can’t escape the law of truth. I now believe in Bitcoin and spend it every month. Fixed investment, is also one of the operators of the currency circle and blockchain website.
full member
Activity: 1750
Merit: 118
e payments are online because theres an "e" in its name , short for electronic . btc is under the electronic payment but if there will be difference that is btc is decentralized while the rest of the e payments that people are using is centralized . any e payment can be legal or illegal depending on the country you are living  but if we compare btc to the rest of the centralized e payments , btc has a problem with legalizations to fewer countries
full member
Activity: 2548
Merit: 217
The first time I came into contact with BTC, I felt that there was little difference between e-payment and BTC. However, with the gradual understanding, e-payment and BTC are becoming more and more different.
 In essence, electronic payment is the circulation of legal currency in one or some countries, while BTC is the circulation all over the world( If every country agrees)
My frsrt contact with BTC? well like majority thinks ? that this is just another scam or lies because those time  i don't even believe in E-payment method .
Just recently when i realized that E-payment is also good method of payments because like BTC i only tend to hold and just in sometimes that i let this used for paying some bills or  if there is a establishment that accepts BTC as payments.
^ I remember those times when I was first introduced to BTC, most of them are against this and saying it is a scam or fraud but I saw myself as the potential on it. Later on, it has become popular as an e-payment method but I realized that the fee is not worth it than holding this on your own waiting for your profit until it will come to the price will go up. They treat this now as a storing of value, not an e-payment method. Nevertheless, those days BTC are not mature, but now, we are in the mainstream that people was started accumulating and holding BTC.
I can feel you on that mate, at first when this was introduced on me yeah i was on that thought about this as scam or fraud but later on i realized and understand how good this is and what can bring to my life.

then i presented to my friends. colleagues and family and i got the same thoughts as yours .

they even Prevented me to extend my investments until the bitcoin price climbs up in 2017 .
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
My first encounter with Bitcoin was like from another planet. But because I spent my childhood playing play money with my classmates at elementary, I had that excitement or childish excitement thinking that , "wow! It's like digital play money". And being a responsible adult I was then, I tried to get Bitcoin not by investing but by working on it. I do not like taking my money into risks then so I researched and found this forum, and found threads for Bitcoin bounties then. That was 2016 and it was an interesting experience.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag

The first time I got BTC, it didn't feel good because I don't know how to spend it. I got about $12 as a fee from someone who hired me to edit a photo for him. It was quite new to me and didn't have any job anyway so I took the job. Nothing special after receiving the BTC but it started becoming special when I end up reading things and find out how it really will work. The only way you can see it very differently when you know exactly how BTC could be much more than just a currency.
jr. member
Activity: 70
Merit: 1
Recognize the investment risks and calmly face the ups and downs of the market. Some people are making money. Naturally some people are losing money. Although the digital currency market fluctuates greatly, there is no guarantee that everyone will make money. The rise in the market is naturally exciting, and we must remain calm when it comes to falling. Rise and fall are natural, and there will be no currencies that only rise but not fall in the market. The reason why the currency will rise is because there are constant funds entering the market, which will gradually increase the market. When faced with a decline, we must not be discouraged, we must be patient, and we can also perform appropriate operations.
legendary
Activity: 2506
Merit: 1394
The first time I came into contact with BTC, I felt that there was little difference between e-payment and BTC. However, with the gradual understanding, e-payment and BTC are becoming more and more different.(....)
We are almost the same experience for discovering Bitcoin in the past.
Same with me, I was able to use Bitcoin before to alternative payment method, so instead of another electronic payment system, like Paypal I used Bitcoin, and that's the time I started to become curious about Bitcoin and everything changed.
There are really a lot of differences between Bitcoin and other electronic payment system, the one you mention is one of them.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
The first time I came into contact with BTC, I felt that there was little difference between e-payment and BTC. However, with the gradual understanding, e-payment and BTC are becoming more and more different.
 In essence, electronic payment is the circulation of legal currency in one or some countries, while BTC is the circulation all over the world( If every country agrees)
Well, there are too many unclear issues when I first contact bitcoin, --the number of false information that I encountered is that bitcoin is a scam, fraud, or a Ponzi scheme project or belongs to the pyramiding scam. But that is not, I dug too much information regarding bitcoin and in that way, I fully understand what it is, how this will work, and how useful the technology behind bitcoin and that is a blockchain. Due to curiosity, I found this forum, and that was given light on my mind that bitcoin is good for investment or a way of payment across the borders. Until now I did not feel any regret that I have found this coin and now it becomes the number one cryptocurrency.
legendary
Activity: 3122
Merit: 1140
The first time I came into contact with BTC, I felt that there was little difference between e-payment and BTC. However, with the gradual understanding, e-payment and BTC are becoming more and more different.
 In essence, electronic payment is the circulation of legal currency in one or some countries, while BTC is the circulation all over the world( If every country agrees)
When it comes to;

-Decentralized
-Irreversible Transaction
-Anonymity

Then its way too miles ahead if we do compare it to fiat and this is why it did really get soo much community support due into that characteristics.
For us to be noobs then its understandable that we cant grasp out everything in one go specially if we are just starting but due to experience
and more read ups then we would really be able to uncover on whats the real deal.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
The first contact I have with Bitcoin way back the year I have started which is 2016, I feel a little bit strange on how the amount I have in my wallet then is suddenly changing at a period of time having a certain amount of Bitcoin and its equivalent value on my national currency conversion makes me feel a bit nervous up until I have understand its nature to be volatile making it be able to have ups and downs unexpectedly. Also, it makes me think on how such thing exist in the world for I have become familiar with the common currencies and that is the first time I came into encountering cryptocurrency in the name of Bitcoin. But those that I have mentioned were just some sort of first impression that I bet we all commonly have experienced having in contact with Bitcoin way back then.
sr. member
Activity: 1400
Merit: 283
The first time I came into contact with BTC, I felt that there was little difference between e-payment and BTC. However, with the gradual understanding, e-payment and BTC are becoming more and more different.
 In essence, electronic payment is the circulation of legal currency in one or some countries, while BTC is the circulation all over the world( If every country agrees)
The first time that i ken about bitcoin whas back in 2011 when i saw a report on the TV about a guy mining bitcoin and earning money from it, at first i didn't pay it any attention because i was young, but a couple of years later i came across it again when searching for a way to make moeny online, at first i thought it was complicated but after a while i learned the basics and quickly came to realize of how great and convenient using bitcoin is , and i still think about what would have happend if i invested in it earlier.
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