Topic: What is the most critical moments in Cryptocurrency and Bitcoin history - page 10. (Read 2033 times)

it was a time when I was having a divorce (https://bitcointalksearch.org/topic/m.26732261) .. and I lost all my investments, plus I had a loan to zazarb ,, when the world was crushed ,, and now I am able to rise again, even though my loan to zazarb has not paid off ,, and I am very grateful to zazarb, for giving me tolerance

When I realize that if I listened to my friend I've got a lot of bitcoins now but I didn't so there's too much time and money that was wasted but this is life. I doubted in bitcoin before so this is what I get but still I've learned from that mistake.

When bitcoin is recovering.

the moment of greatest euphoria for people and certainly when a new "high all time" is reached with everyone who thinks that it is only destined to grow.
On the contrary when there is a strong dump, the panic sell starts and everyone thinks about the death of the btc.
History is full of these events, which are simply normality!

I can't remember that I have a painful experience with bitcoin as I'm already getting some nerve that whatever happens I'm prepared.
When bitcoin reaches $20,000, luckily I have cashed out a bit from my wallet and I enjoyed it with a meal. 

First, you should consider moving this topic to Bitcoin Discussion: https://bitcointalk.org/index.php?board=1.0

Regarding your topic, I've really got two critical moments:

First, I gave a loan to an old co-worker back in 2010, and when he paid me back (late 2011), he also emailed me a private key to a bitcoin address with around $1,000 worth of Bitcoin that he gave me as a "bonus interest payment" for my loan. I had no idea what Bitcoin was at the time, so I didn't think anything of it. But when the first spike happened, I remembered that he had sent me the bitcoin, so I went to retrieve the email only to find that my email address had been purged because I no longer worked for the company. I contacted my friend to see if he had a copy of the sent email, and his email address was also purged after having left the company. I contacted some acquaintances in the IT department of the company, and because of a recent merger, they changed the way that they handled the email domains, and permanently purged all email addresses of employees that no longer work at the company. So yeah, I lost out on millions of dollars worth of Bitcoin.

Secondly, I sold my Nano (formerly RaiBlocks) last year at $0.05 each. I made a pretty profit on the deal for the 150,000+ XRB that I paid "miners" to claim. Well, in January, the 150K+ XRB was worth over $5m USD. The worst part is that I went against my golden rule of hodling any cryto that I believe in and that I find has a good value and base of service. The only solace I find in this whole situation is that given the recent hack on BitGrail, I would probably have been one of the ones affected by it anyways

Moral of the story? HODL HODL HODL lol

For me, January 2018 was the most critical period for this platform. Because we experienced with this time a lot of negative remark about Bitcoin and Crypto world. Not only that but also In the meantime, the price was decreasing drastically. So that moment was really a suffering momentum for this system.
On the other hand, December 2017 was the booming time for Bitcoin and Crypto currency because of the high price.

Well, that's always a risk when investing in ICO / Altcoins, especially if the devs were new or unknown to the community

I don't really have a fond memories of my history with cryptocurreny, but I always think the biggest event that happened is that pizza transaction
Before that transaction, people still sees bitcoin as a niche, it has no price and people would just give hundreds of BTCs away to other people.
That pizza creates a stepping stone and made people realize that Bitcoin has economical value and not just "magic internet money"

Few months later, Mtgox were created and it is one of the first exchange after the defunct of BitcoinMarket, I remember the price rose up to $1000 before it fell down after Mt.gox decided to ran away with their customer's money, it took almost two years for the price to recover back to $1000, so that's sad 

At time when things are not going in the right way and you are feeling like loss of your money, you need to keep your nerves under your control and you need to hold your coins for some longer period of time. On the other hand, at time when you are having some huge amount of profit, then you need to decide very much carefully whether to go for selling of your coins or to stay in the market.

One of the most difficult moments occurred at the beginning of  BTC, when an intervention was needed as some guys found a fault and were trying to create bitcoin from nothing. Almost successfully.

In general I think the worse critial moment was when that exchange Mt. Gox crashed and BTC's price crashed as well... For me, personally, the worse moment was when I heared rumors some politicians were trying considering Bitcoin a criminal activity and consequently turning all its users into criminal ones in my country, however seems this project didn't go ahed on the congress so far.

Happiest moment was when I started in Crypto-Currency world, I was very excited, it was a new world for me, very singular sensation.

The most painful situation is my account was hacked and lost 03 btc.

The good moments are the the times when I receive my payments and utilise them for paying debts and bills.

01. Most Painful  ?
When I do missed out on selling on a coin which on pump state since I wasn't aware on its recent price or in short I didn't try to check out any updates and now I ending up on waiting for the pump again.I do almost missed out almost $100k on profits.

02. Happiest 

Happiest thing is that I do able to make some huge money in my bounty campaign without any investment. I'm really glad on that moment.

Most painful would be when the prices where low most of the coin where used to buy products or to give to friends as a token of appreciation for the work etc. Also for introduction of btc to friends had shared some btc to them and given as a gift. Had being holding those today the scenario would have being different.

Most happiest was when the btc prices shoot up to 18k and every where their was a talk about it only.

Most painful moment for me is when I realize that I sold a lot of bitcoin back then that wasn't necessary and didn't hold them. I think I sold more than 2 bitcoin in total that year looking back at my transactions it hurts to see how low I sold my bitcoins if I remember the prices weren't above $1,000 the time I sold them.

Happiest moment for me is making profit out from my bitcoin investments which was last year when bitcoin skyrocket to $10,000+.

That's like a nightmare seeing coins you've bought get listed out.

Beginning's are hard, the time before popularity. I think for bitcoin and other cryptos is the same, the hardest moments are the ones before they get out from the dark after that everything is much easier.


Your individual critical moment's are not the same as crypto critical moment's. You gave yourself too much credit for this. You are not the only one who bought on top and price dipped after that. If you count every bitcoin price drop as critical moment for bitcoin, then bitcoin and cryptos had way to many critical moments in history and many more are coming.

The most painful for me is when I bought bitcoin when the price was high, and watching the price going down. I didn't know much about bitcoin back then. I was panicking, I thought I'd lose everything but fortunately I refrained myself from selling them. I read some info's about bitcoin's price and I've learned that it could change time by time.
It would be my happiest time if the bitcoin price goes high again.

I will take advantage of it to unburden. when I met bitcoin, a month later I bought a good amount of bitcoin and bought some altcoins, altcoins like JWL and 7 more altcoins if the memory does not fail me, I expected to get good profits with this purchase, but it happened something that made me very sad and disappointed, the dev of the JWL fled with all funds and the currency fell, the devs of other altcoins that I had bought were banned from the yobit chat and had their altcoins removed and the price drops to almost nothing, I had 95% loss of my investment, this was a very sad time for me.


when the bitcoin price reached $18,000

1: Most painful, 2013 drastic drop in the bitcoin price and this year price falls down to 7k USD back.
I was got to know about bitcoin in 2013 but after saw this dump. I was just away from the bitcoin investment and earning too.

2: Most happiest: Last halving on 2016 which changed the complete marketplace to bump more than 1k USD on bitcoin. Next last February price spike. These two times I was really happy about the savings for sure.

I'll answer 2 first: it's when I found an old hidden file on my old laptop, hopefully checked it before delete and found a block.io login info that I've forgotten about, with 0.3 LTC and 18000 DOGE (was couple months ago when alts went too high). DOGE alone was worth like 260$...
As for the Painful one: I was busy with exams when I found that wallet, and by the time I was finished they were reduced to void  barely worth 80$

Guess you sold off at $1,000 . Running off with joy... with some meagre profit at that time.


The most painful was when one of my altcoins was heading for the moon and I didn't know it was doomed to be dumped and after two days, the price crashed and I went into loss .

The happy moment is, I'm happy that I sold one altcoin at the right time.