Quote from: Wilhelm on August 16, 2014, 05:02:36 PM

Quote from: counter on August 16, 2014, 04:14:19 PM

Quote from: Bitcopia on August 16, 2014, 03:45:48 PM

Quote from: Wexlike on August 16, 2014, 12:49:19 PM

Quote from: Hunyadi on August 16, 2014, 10:59:33 AM

Good thread! It is amazing how much more I enjoy reading posts by older members than those who have joined after 2013

Usually, those newer members are a lot more bearish. Of course, If you don't understand bitcoin and only watch the price, it will drive you nuts.

I think you are just much more calm, when you are still sitting on 100x ROI even when the price drops by 20%. I understand the fear on one hand from the newbies. That is why everyone tells you only to invest what you can afford to lose.

While this is true now, you must consider we were all newbies at one point. The difference is the newbies that freak out and panic in times like these can't make it. They don't really get what's happening with Bitcoin, and they liquidate their position at a loss. This happens through every cycle. Those newbies from 2010, 2011, and 2012 aren't here anymore. The hero and legendary members you see today sitting on considerable valuations of coins kept their heads through the tough times. It's not like it was any easier for them the first time around. If anything it was more difficult, because there was much more uncertainty.

I agree that new members and holders of Bitcoin are not used to holding threw the drops. That is the time when holders are separated from weak hand and I myself have learned my lesson. It sucks you can't just upload this experience into the minds of newer members. +1 for inspiring posts/thread, with all the fud around it's truly nice to read.

Why would you want to do that? Weak hands is what separates the poor from the rich

Well for one reason the market would be alot more stable and then more people would hop on the train. I understand where your coming from however. Wink

Quote from: supert on August 16, 2014, 10:00:25 PM

You can feel this adoption occurring now though, everybody I speak to about bitcoin has already heard about it. It's no longer as 'edgy'. Yet, very few people have any. The one friend I know who bought some, forgot the pw to his wallet.

You really can notice the topic being more approachable by people who have heard about it once or twice. I'm just waiting for when I see that spark in their eyes and they wan to invest or atleast learn more.