Post
Topic
Board Bitcoin Discussion
Re: How do you feel when you look at your first Bitcoin wallet?
by
promise444c5
on 29/12/2023, 16:14:25 UTC


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Even though I agree with part of your overall point that the longer that anyone had been investing into bitcoin, then the more likely that the investment would have had ended up paying off.. which yes, could be considered as a form of patience and/or a form of deferred gratification.

At the same time, I think that it is not very realistic to be trying to make modern day comparisons to the situation that was available close to the time that bitcoin was just finding it's price, and even if we start from a later date, such as early 2012, when bitcoin was at $4 per BTC, it still might not be realistic to be considering those kinds of prices as realistic entry prices for any normal and regular people because they would have had to have been in some kind of niche group, and sure they might have been merely lucky in that regard, but probably the various developments in 2012 and 2013 did bring bitcoin more and more to the attention of more regular people.

Well, I reasoned it too maybe the way I placed it but in one way still linked to patience, Bitcoin  was once a shit coin but at that shitty state there were some positive factors showing there would be a good outcome  on like other shitty coins which pump and dumb in a short period of time after it's being launched(this  pumps are not even up to a $)

You said developments in 2012 and 2013 did brought attention but who knows  there could be some future developments, some time patience could be a risk but once you are sure of what you are having patience on then, just have hope look forward to a positive effect.
A life example is everyone going to high-school, college, uni  with the view of getting a job we all trust the process but not all will make use of that certificate and not all will get rich from the Job. This might not really relate but in one way talking about taking the risk of going  to school because we expect a good outcome from it but we eventually taking what life throws at us.

This doesn't mean anyone reading this should go out and start buying all sort of shitty coins Grin , I don't think there would be a coin like Bitcoin again even if there will be, by now we should have a contender at 10k, no one can predict  the future but it will be rare to find such .

All I'm saying  is have at least some little patience  Cheesy,  even  if you invest  now and you have no patience you might endup leaving at an unripe target point  fine! you made some profits but is it worth it Smiley

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That is not a very fair and/or accurate characterization of the Lazlo pizza situation, even though a lot of people characterize Lazlo's pizza situation in that kind of inaccurate way.
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Well I mad3 that as a joke not being serious about it though i thought of it too:
---For him to have  10k Bitcoins  then he probably has more than that and having so much of it means he probably saw potential in it and knows there will be a future appreciation in the price. Although,  I never knew he was a minner until now , I even looked it as a way of gaining attention as on how Bitcoin could be used as a payment of goods.