I learned about bitcoin in 2011 on another Internet forum. The price was skyrocketing so I bought 100 BTC at $20 each. The price promptly went down so I ended up selling at $8 each. Lesson learned I thought. I had been "tuliped" I thought.
Then I hear back in November 2013 that the price was climbing once again. Except this time I saw a chart that showed that the Chinese exchanges now were buying half the bitcoins after only approximately 1 month. I just received an $8500 signing bonus from work so it all went into bitcoin, starting at $301 each. Yes, I even bought a few at $1100 but most were bought in the $300-$500 range.
I've also been investing in altcoins. I took my bitcoin/altcoin profits and used them for a down payment on a house. I had the salary to buy a house, just never enough for the down payment until bitcoin.
Topic: What's everyone's bitcoin story? - page 2. (Read 2157 times)
I googled how to get free steam games or something and someone said look into bitcoin mining.
Cool to hear some stories 
Joe rogan tweeted something about silk rd and bitcoin last march. Caught the crypto bug 
i started by mining in the gpu days till the end of 2012? when spring came in 2013 it became unprofitable
i gambled it all away a couple months ago
now im buying and holding long term as much as i can
im looking at least 5-10 year horizon and i will reconsider at that time.
You should have kept everything. Many of us made this same mistake. i gambled it all away a couple months ago
now im buying and holding long term as much as i can
im looking at least 5-10 year horizon and i will reconsider at that time.
My friend introduced about Bitcoin one year before. That time i don't had any interest in bitcoin. I thought it is a coins used in the games. When bitcoin reached at $1000 range that time only i got more interest.
Late last year a friend asked me if I "knew what bitcoin was"?. I thought it was video game money, I have a daughter who's 24 so you can imagine how much cash I used to spend for "video game money" in her teen years. Then he told me the price, asked me to look into it and now it has a big chunk of my attention.
i started by mining in the gpu days till the end of 2012? when spring came in 2013 it became unprofitable
i gambled it all away a couple months ago
now im buying and holding long term as much as i can
im looking at least 5-10 year horizon and i will reconsider at that time.
i gambled it all away a couple months ago
now im buying and holding long term as much as i can
im looking at least 5-10 year horizon and i will reconsider at that time.
I heard about Bitcoin from a friend of mine Len Sassaman, a cryptographer.
This was back in 2011, I believe.
After he passed away he was memorialized in the blockchain, you can check it out in this topic:
https://bitcointalksearch.org/topic/m.420597
This was back in 2011, I believe.
After he passed away he was memorialized in the blockchain, you can check it out in this topic:
https://bitcointalksearch.org/topic/m.420597
Sorry about your loss but his knowledge he gave about cryptography and bitcoin you can hopefully help spread more good.
I use to hear about bitcoin thrown up on forums and just read comments about how great it is around 2011 but I didn't look into until my friend started buying some at around 12 bucks. But it wasn't for big investments or anything, so time went on and summer of 2013 a group of us friends decided it would be the right time to start mining but last minute we backed out and we seen the difficulty levels just start to rise and decided to just help other people get it by spreading ATM-like machines.
I heard about Bitcoin from a friend of mine Len Sassaman, a cryptographer.
This was back in 2011, I believe.
After he passed away he was memorialized in the blockchain, you can check it out in this topic:
https://bitcointalksearch.org/topic/m.420597
This was back in 2011, I believe.
After he passed away he was memorialized in the blockchain, you can check it out in this topic:
https://bitcointalksearch.org/topic/m.420597
Began mining on 2010... wife said 'too much electricity' and i stopped mining.... made like 0.08 BTC in two days with two lousy PCs.... 
My friend told me about it, so I bought 10BTC (it was ~$100 at that time). I never really invested a lot in BTC, because I didn't have much fiat, but I enjoy reading about it and watching this amazing technology grow.
I bought my first Bitcoin in January 2013 for 14 euro after hearing about it somewhere. Then I forgot about it for a while. Come March we got the banking crisis in Cyprus and I got hooked on Bitcoin. I lost some Bitcoins through bad investments but the average price I bought them for is more than 4 times as high as the price Bitcoin recently "crashed" through following the Mt.Gox debacle and the China uncertainty. So I'm still ahead. 
I started mining with my GPU in late 2011, early 2012... Was making about .5 BTC a day, which wasnt worth much back then... Then got bored with it and still had the BTCs on my computer... Wiped the hard drive on my computer losing all the bitcoins... Then got back into bitcoins in late 2012 early 2013... been here through the mining craze and such.
Ouch. Haha /kickself. Who really knew though ? I'd love to hear from somebody who believed in it from day one and now has enough capital to start their own buisness / retire
Had I not been a dumbass, I would have ~25 BTC right now... If I can pick one mistake where I could go back in time and correct it, I would choose not to have wiped my hard drive.
I can't remember when I first heard about bitcoin, but I started paying attention ot it in August last year. I think it was because of Jeffrey Tucker's video. Bitcoin was $90 then but I didn't buy. I started buying in January this year when it was ~$800 I also started reading about the technical side of bitcoin and am still doing it. Best thing about bitcoin was discovering other people who are interested in it (I'm in SE Europe) and particpating in my first bitcoin meetup April 1st.
I also started reading about the technical side of bitcoin and am still doing it. Best thing about bitcoin was discovering other people who are interested in it (I'm in SE Europe) and particpating in my first bitcoin meetup April 1st. I started mining with my GPU in late 2011, early 2012... Was making about .5 BTC a day, which wasnt worth much back then... Then got bored with it and still had the BTCs on my computer... Wiped the hard drive on my computer losing all the bitcoins... Then got back into bitcoins in late 2012 early 2013... been here through the mining craze and such.
Ouch. Haha /kickself. Who really knew though ? I'd love to hear from somebody who believed in it from day one and now has enough capital to start their own buisness / retire
I started mining with my GPU in late 2011, early 2012... Was making about .5 BTC a day, which wasnt worth much back then... Then got bored with it and still had the BTCs on my computer... Wiped the hard drive on my computer losing all the bitcoins... Then got back into bitcoins in late 2012 early 2013... been here through the mining craze and such.
...and really forgot all about it until i checked Silk Road again
A friend was telling me that the success of the Silk Road was driven primarily by the perceived relative safety and trust of getting drugs from there instead of getting them in person.It's funny, the war on drugs pushes people off the streets and onto the net (and into crypto), and then the FBI, via the war on drugs, shuts down the silk road and seizes millions of dollars in profits for themselves.
What a coincidence. One could even argue that the whole situation was rather convenient for the FBI. But hey, I'm no conspiracy theorist, I just call it like I see it.
i saw this article about buying drugs online back in late 2011. didn't check it out because i wasn't using drugs back then. went there a year later and then discovered the whole bitcoin concept. of course i had checked it back when Bitcoin first came out. but didn't spend more than a day thinking about it. and really forgot all about it until i checked Silk Road again
I don't like violence, coercion, and exploitation. Therefore I do not like nation-states, and their clown-ass currencies.
I do like mathematics and tremendously elegant, simple solutions to problems. Thus, I like cryptocurrency; I like Bitcoin.
I do like mathematics and tremendously elegant, simple solutions to problems. Thus, I like cryptocurrency; I like Bitcoin.
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