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Topic: You the local Bitcoin joke in town? - page 2. (Read 842 times)

sr. member
Activity: 938
Merit: 250
January 09, 2020, 03:14:27 AM
#75
in my opinion we will just laugh out loud and be happy in 2021. because I think bitcoin will not go to the moon in 2020, bitcoin will reach a new ATH in 2021. after reducing by half bitcoin will take at least a year to pump high. as happened in 2016 bitcoin was reduced by half and reached the month in 2017. but I am always sure I can reply to ridicule people who do not believe with bitcoin. I am sure in the future bitcoin will make us successful.
legendary
Activity: 2464
Merit: 1387
January 08, 2020, 03:03:16 PM
#74
absolutely right, I guess that's what I'm experiencing too. In 2017, I was very active in promoting bitcoin to my friends, but now they are very sorry, and even made fun of me, because the price of bitcoin is thrown away from their plans.
Stay patient, friend. We will show them that what we have introduced them is reality. Maybe now they can laugh at us because the price of Bitcoin has dropped not as we expected, but we have to be patient to see the price of Bitcoin will rise again in next year.
sometimes indeed we will always be repulsive when we want to provide information about crypto to those closest to us. but if we already get enough results then they will ask afterwards, because some people are more concerned with the benefits obtained than knowing the technology in it. therefore they will be interested if we have made big money, because I experienced it too

Correct, the future will prove to them how they had a opportunity to educate
themselves and embrace the technology earlier rather than later.

I have first hand experience of this, I was told about Bitcoin back around
2012 and shrugged it off as "tokens for gamers" .....

Look where we are now!
hero member
Activity: 1484
Merit: 516
January 08, 2020, 11:23:15 AM
#73
I also hope that in 2020 or 2021 bitcoin can reach a new ATH so that this will be strong evidence that bitcoin is still reliable and a profitable investment tool. and we can smile and laugh in front of people who have mocked us before. but actually in my opinion even though bitcoin did not reach the new ATH this year. we have already benefited from bitcoin investments. let people make fun of us as long as it is important that we can succeed and achieve financial freedom.

we can only wait for the right time when those who laugh at us previously experience deep regret for not being involved in this field and can feel happiness when we get huge profits when market prices have increased sharply and are able to break new history throughout the year because market prices have increased which is sharper than in previous years
hero member
Activity: 1106
Merit: 506
January 07, 2020, 09:48:47 PM
#72
I also hope that in 2020 or 2021 bitcoin can reach a new ATH so that this will be strong evidence that bitcoin is still reliable and a profitable investment tool. and we can smile and laugh in front of people who have mocked us before. but actually in my opinion even though bitcoin did not reach the new ATH this year. we have already benefited from bitcoin investments. let people make fun of us as long as it is important that we can succeed and achieve financial freedom.
newbie
Activity: 10
Merit: 0
January 07, 2020, 09:09:10 PM
#71
yes I agree it looks like in 2020 bitcoin will be victorious at a time when bitcoin is skyrocketing and very reliable, by the beginning of 2020 bitcoin has begun to look skyrocketing again. I hope this will become a sweet dream for all of us.
legendary
Activity: 3346
Merit: 3130
January 07, 2020, 03:11:45 PM
#70
Maybe we are the local Bitcoin Joke in town for now, but you know how they say, the one who laughs at last laughs better... A lot of people who buy at $20k still holding with the faith to see bitcoin higher than that, and if they are waiting now that doesn't mean it will not happen in the future, so, for now, we are the joke, but let's see who is laughing in 2025
legendary
Activity: 2030
Merit: 1573
CLEAN non GPL infringing code made in Rust lang
January 07, 2020, 01:15:55 PM
#69
Now, this might sound strange, but a few years ago Bitcoin was doing very well and people sat up straight and Bitcoin grabbed their

attention. (Around 2017 when the Bitcoin price reached it's all time high of around $18 000 per bitcoin.)  Many people started to take

Bitcoin seriously and they thought it would go mainstream soon.


I was one of them and I told that to everyone that took the time to listen and some of them did. A lot of my friends bought bitcoins at

the all time high, believing that the price would skyrocket to $20 000 or even $50 000 per coin. As you know this did not happen and the

price dropped with more than 80%.

Since then a lot of us Bitcoiners became the laughing stock and the butt of the joke for the people who were too scared to take the

risk.

I hope we can prove them wrong and that we can turn this around in 2020 and have the last laugh, but I hope this is not too late for

the majority of my friends who are holding on with the tip of their fingers.  Sad

Well they are right to be angry because what you did was very wrong. Even I knew that December price went too high too quickly and was bound to correct. The higher and faster it went, the bigger of this possibility coming. Once past 15k or so, i was even telling people to hold on, and wait to see if things calm down. You did the opposite, so there.

If someone asks when is the time to buy, it would be about the same time the price has been boringly stable, actually when not many bother buying or selling. When everyone is buying, this is a red flag. Everyone selling is also another type of red flag, but bitcoin being what is is, you are unlikely to see that (bear) sentiment last long.

Currently bitcoin has long been near 7k, its not a bad time to buy some more. If it suddenly spikes you wait to see if it holds. If you are a trader you may even decide to sell and wait until it goes back down, but this is not always certain, so its your risk to take. But a holder doesn't need to worry about that. And if you bought high, such as 18k, you have to wait until it reaches that price again or even higher, before selling any of it. A true "bitcoiner" won't sell anyway, unless absolutely needed, so any price is good. You just missed the chance to buy more bitcoin for the same amount of fiat, and even mislead people into doing the same.

So next time price spikes and you see everyone and their cat buying, YOU shut up or tell them to wait. Doubt they will believe in you anymore, so keeping quite would be best.

Look at the WHOLE graphic, since inception in 2009 until today, bitcoin price is a logarithmic curve that starts almost vertical, rising in value very fast and very quickly in the beginning, gradually slowing down overtime until it approximates a horizontal line with little price increase over an even longer span of time.
full member
Activity: 270
Merit: 130
DeLouvois.com Bitcoin Luxury Marketplace Est. 2016
January 07, 2020, 10:52:51 AM
#68
As far as I'm concerned, I've been doing my job promoting Bitcoin since it was trading around $400, of course no one took it seriously until it reached $15,000, then everyone I knew got burned  buying in FOMO, joke's on them, not on us.


yes, I think most of the shops that started to accepted btc as payments they stop it because of huge price drop. The Btc market is very unstable which is not very good for it to use as a payment system for local shops and markets.

Most of shops either use Bitpay or Coinbase, which now allows for instant stable-coin conversion, actually making it possible to buy & well safely with bitcoin without having to convert to USD.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
January 07, 2020, 05:11:38 AM
#67
My account registration has nothing to do with this. I bought bitcoins when the price was around $300 and I made very good profits on those coins. My friends saw this and they wanted to do the same, so I showed them what to do.
Sorry, I misunderstood the totality and didn't understand that it's just your friends . I thought you were included in it and I worried that why would you be included in those times? You're a veteran here already and I just didn't completely absorb what you posted.

Unfortunately most of them did not listen to my advice to buy low and sell high, so they jumped in at the ATH in 2017. I do not blame myself for their mistakes, because I gave them good advice at the time, they were just greedy. (I even softened the blow to some of them, by covering some of their losses, with some of profits that I made in previous years.)
If you have advised them, then it's not your fault. It's totally theirs unless you made it your mission to make them buy. Sadly, those days are gone for now. Maybe in a few years, we could go back to those all-time highs.

What a good friend you are, giving them BTC. I have bought it during the ATH, can you send me some too? Just kidding  Cheesy
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
January 07, 2020, 05:03:53 AM
#66
Don't worry KPrawn, this will all go away in time. But I hope you learnt your lesson and from now on only tell people about Bitcoin as a tech and as a user, never as a speculator. I mean, they will all still end up talking to you and thanking you one day (If they hodl now of course) but I think in the short term you've to remember people are impatient.
full member
Activity: 1093
Merit: 103
January 07, 2020, 04:02:29 AM
#65
absolutely right, I guess that's what I'm experiencing too. In 2017, I was very active in promoting bitcoin to my friends, but now they are very sorry, and even made fun of me, because the price of bitcoin is thrown away from their plans.
Stay patient, friend. We will show them that what we have introduced them is reality. Maybe now they can laugh at us because the price of Bitcoin has dropped not as we expected, but we have to be patient to see the price of Bitcoin will rise again in next year.
I think that those people who taunt a person do not need to pay attention, because they do not understand anything in the cryptocurrency and do not receive any information about everything that happens on the cryptocurrency market in order to objectively condemn the actions of a person.  For example, I used a lot of my Bitcoins in 2016 when the price went up to $ 500 per coin, and when in 2017 the price of Bitcoin went up to $ 20,000, I really regretted what I did.  And my wife doesn’t even want to talk about this topic, because it is because of this that she may begin to have a tantrum.  After all, it was because of her influence that I spent all my bitcoin.
member
Activity: 728
Merit: 19
KUWA.ai
January 07, 2020, 03:46:30 AM
#64
yes, I think most of the shops that started to accepted btc as payments they stop it because of huge price drop. The Btc market is very unstable which is not very good for it to use as a payment system for local shops and markets.
sr. member
Activity: 926
Merit: 256
January 07, 2020, 03:20:17 AM
#63
absolutely right, I guess that's what I'm experiencing too. In 2017, I was very active in promoting bitcoin to my friends, but now they are very sorry, and even made fun of me, because the price of bitcoin is thrown away from their plans.
Stay patient, friend. We will show them that what we have introduced them is reality. Maybe now they can laugh at us because the price of Bitcoin has dropped not as we expected, but we have to be patient to see the price of Bitcoin will rise again in next year.
sometimes indeed we will always be repulsive when we want to provide information about crypto to those closest to us. but if we already get enough results then they will ask afterwards, because some people are more concerned with the benefits obtained than knowing the technology in it. therefore they will be interested if we have made big money, because I experienced it too
sr. member
Activity: 1246
Merit: 254
Trphy.io
January 07, 2020, 02:49:59 AM
#62
absolutely right, I guess that's what I'm experiencing too. In 2017, I was very active in promoting bitcoin to my friends, but now they are very sorry, and even made fun of me, because the price of bitcoin is thrown away from their plans.
Stay patient, friend. We will show them that what we have introduced them is reality. Maybe now they can laugh at us because the price of Bitcoin has dropped not as we expected, but we have to be patient to see the price of Bitcoin will rise again in next year.
sr. member
Activity: 1638
Merit: 261
January 07, 2020, 02:22:30 AM
#61
Yes, this time it seems like we are already going in right direction as not only bitcoin but other altcoins have got a pump and I think this year will make a difference but I think this current pump is temporary wherein whales are just implementing their tactics to cashout by pumping the value and trust me the value will be dumped hard before the halving so that whales can reinvest at a lower price. This is my personal opinion but again next few weeks will help us understand how the market is going to be.
legendary
Activity: 1904
Merit: 1074
January 07, 2020, 02:05:54 AM
#60
I don’t understand how that could happen because you registered your account in 2014 And it’s impossible to buy your bitcoin only on the year when it came to your all-time high. It’s just not right. Maybe it just happens to be your friend's story But not yourself. This is not cool, lol.

My account registration has nothing to do with this. I bought bitcoins when the price was around $300 and I made very good profits on

those coins. My friends saw this and they wanted to do the same, so I showed them what to do. Unfortunately most of them did not

listen to my advice to buy low and sell high, so they jumped in at the ATH in 2017. I do not blame myself for their mistakes, because I

gave them good advice at the time, they were just greedy. (I even softened the blow to some of them, by covering some of their

losses, with some of profits that I made in previous years.)

OP, I noticed that you always construct your posts in broken paragraphs. Is there something wrong with your keyboard, or monitor/screen?

About Bitcoin, the bear market will never go on forever. Cool

There is nothing wrong with my screen.  Wink  It is just the way I post. I hate a wall of text and it just makes it easier to read.  Grin

~snip~

Friendly financial consulting is not something we should practice, because when it comes to money, even the greatest of friends and even relatives can become great enemies. Personally, I did not push anyone into such problems because I was aware that the balloon would sooner or later burst and that the risk of investing in BTC at the end of 2017 was simply too great.

Anyone who wants to invest in BTC is advised to first acquire some basic knowledge, to understand that it is not easy to be your own bank and to never invest money that is not ready to lose. In addition to the volatility that BTC has, we need to minimize some of the other risks.

Nobody laughs at me because I advised people to invest some money at a time when BTC was only $200, which was really good advice as time showed. Today when asked whether to invest in BTC or not, my answer is just "See the BTC history chart and ROI in the first 10 years".

I never sold myself as a financial advisor, just the Bitcoin guy with more knowledge on the subject. I always tell people to remember

that Bitcoin is not an investment, it is actually a currency. If you want to use it as an investment, then you will have to see it as a

high risk/long term investment. I am more than willing to help people to avoid the scams and to give advice on how to buy and sell

bitcoins in a safe environment and not to give them advice on when to buy.  Tongue
legendary
Activity: 1316
Merit: 1145
January 07, 2020, 12:10:23 AM
#59
support yourself and your friends, say to be patient. the process of achieving success is painful. and must be ready to be reviled. look again at the process of bitcoin from the first highest peak in 2013. give an explanation to them, and show the graph. say we are at the lowest price. but this will lead to a second bitcoin increase in 2017. even more. believe me. all will be repeated again.
hero member
Activity: 2576
Merit: 586
January 06, 2020, 11:48:08 PM
#58
First of all, you were warned that Bitcoin is a very risky investment so why would be telling your friends to invest without letting them know that the price can fall at anytime? There are people who I knew were interested in Bitcoin but after the price dropped they lost interest. These people were only interested in Bitcoin because of the increase, they expected the price to keep going up because they see bitcoin as a money making asset.

So, you should make your friends understand the risks in cryptocurrency investment, and such risks cannot only be seen here, it’s the same with every investment, there’s always risks involved and they have levels – from low, medium, to high level risks. They should understand that and choose wisely next time and also buy the assets that are affordable to them.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
January 06, 2020, 06:09:53 PM
#57


It hard for someone like me not to talk about BTC with friends since I have already told them long time ago I was into BTC. I have some BTC stickers stocked to my guitar and some of my personal things, its horrible.  When an old crush asked me what I do for a living I talked about BTC lol now they are still thinking if I'm into drugs and did I lose money because of BTC scam. I feel ashamed that I told a husband of my friend to invest in BTC last 2017, the husband could have lost a lot of money if he did what I told.
Well that kinda sucks man to see people are overshadowed with the fact that bitcoin is beneficial for people but instead they got misled by some information regarding scams, drugs and such. It's always better to keep it to ourselves if we want no unnecessary problem to be coming after us because at the end of the day, it'll be all on ourselves if something good or bad happening.
full member
Activity: 630
Merit: 101
January 06, 2020, 06:06:53 PM
#56
Bitcoin fell below $ 20,000. It was very painful for people. I think selling at the right time is very important. If you sell at the right time, you'll have a chance to buy later. So you can stay on the market for many years.
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