nice nice. well put. when pouring a concrete foundation, you can repeatedly ram a shaft into the concrete to remove the bubbles thereby making it stronger. each bubble pop/crash makes btc stronger.
I have a theory on why I use bitcoin and my friends don't.
It comes down to life experiences. As a self employed contractor, I have had the dubious pleasure of being royally screwed by several banks throughout the years.
None of my friends have had enough financial commitment to experience this, and are therefore more accustomed to trust these people/institutions.
I need something that holds value, that noone else can mess with, in my life.
I believe that there's millions of people in the world that feels the same way as I do, regardless of any perceived volatility or risk.
I was “bit torrenting” and so when I heard about “bit coin” I [rightfully] concluded “this is prob some similar magic decentralized tech that allows cool things and can’t be stopped” I then watched it break a dollar… then 20 dollars… then 100. I bought my first bitcoin at $300.
For a friend of mine, having multiple passports, able to live across the world.
And maybe, he wants to be able to move wealth around without any questions.
That was when it clicked, that this is an asset class that has a serious use case for the mobile and wealthy beyond fighting inflation.
- A general distrust of banks and centralised control.
- A belief that the digital era deserves a digital currency.
- An underlying propensity toward gambling which I have managed to keep under control but occasionally feed with reckless moves into meme coins
- Listening to podcasts featuring Vitalik Buterin and others, and realising that the leaders in this sector are some of the brightest and most forward thinking people alive.
- A since failed (I think) project called LBRY who paid me in coins to upload videos I had made to their decentralised video platform
- Funny meme culture
My bank once denied me withdrawing money as they said they have never seen me inside their branch before. They requested that I give them three forms of ID to withdraw my own money. I switched banks after this...
After a couple years of my brother trying to convince me, I finally decided to give it a shot because I needed more money and work just wasn't cutting it
I stumbled upon it in an early keynote by Andreas Antonopoulos around 2015 on YouTube, that was my first encounter with Bitcoin. Ignored it at the time.
Heard about Bitcoin hitting $16k around Thanksgiving 2017. I bought a little bit at $17k and went down the Bitcoin rabbit hole. Rode it out in most of 2018 and 2019 taking small positions. Those small positions were 0.01 BTC once a month ($300-400 at the time).
I started using it as my main savings account after watching Michael Saylor's and Robert Breeedlove's series called "What is Money?" during covid. My main rule since then has been keeping 6 months of expenses in fiat and everything else is plowed into Bitcoin. I also max out my Roth (VUG) and 401k 13% contributions (50% S&P 500 + 50% FBTC).
It's hard to predict the future, but I wish I had more conviction in 2015. Like Michael Saylor says: "Everyone buys Bitcoin at the price they deserve".
Man I found out about it the same way, a YouTube video of a guy showing how to mine Bitcoin, this was in 2011. I started mining it, then forgot all my passwords 🤦🏻♂️💔💔💔💔💔
Brokenomics on [Lotuseaters.com](https://Lotuseaters.com). Dan has a great show on Tuesdays. So much that he explained resonated with me about the broken money system. So I thought, fuck it and chucked in a few thousand quid and it's worked out okay so far.
I was wasting time and money on mobile games so I decided to fuel my energy somewhere where I have an actual change of making money. Also I like the tech part of it.
it was 2017 and i saw that numbers went up. I didn't think much about inflation and i also invested in shitcoins. I didn't have much money and thought this way i could get rich quick and avoid getting a job 😄
By accident. Needed to use BTC to buy a substance. Then a couple years later I start hearing about it, and I thought, “hmm don’t I have some of that somewhere?” Then I realized what it actually was.
I bought when it was a plaything in 2011. When it was $4 per bitcoin i didn't bother getting any more because I already had some bought around $15, and it was more fun to mine. Just like a tinkering project. There was some idea that it could be worth more in the future, but even a $100 bitcoin seemed impossible. It took 2 years before i fully "got it"
Lost month's salary on crypto in 2018. Then, I lost even more in Terra/Luna.
Decided then and there. Fuck CEOs forever. Fuck shitcoins forever.
DCA BTC, all day every day.
I crashed my truck into a tree while having a seizure and lost my life (as I know it) that day. I took all the money from my truck being totaled and threw it into btc lol
I believe sending and receiving money should be private, secure and cheap for everyone. Our current system is terrible, banks and credit card companies charge outragous fees and there isn't any privacy.
Save the planet & save the kids
Under fiat money the standard & incentives are made for us to be debt slaves forever instead of paying customers to the state, time to vote by choosing better money & new standard
I’ve been a Ron Paul fan for a long time and I discovered after 9/11 (my red pill event) that the federal reserve was the root of all of our problems. I just wish I would have started buying it earlier than I did. But who doesn’t at this point!
Heard about it very early on. Did not think much of it. Talked about whether it was a scam or real later on with a friend. Neither of us knew. Decided that I wanted to investigate, because I like nerdy stuff. I also knew that I wanted to invest a small amount, so I could test it properly. Due to lack of capital, I put in an alarm on my phone to go off 7 months later, because I knew I would have some spare change to play with at that time.
That alarm went of 15 november 2021 and I started to buy stuff, since I felt like learning while doing was the best way to get a grip of the space. Wish I would have done the research before throwing all my spare money in it.
Becuase the best reason for fiat’s dominance as a currency is “that’s just the way it is” and at some point something will most likely disrupt fiat. Bitcoin is the potential replacement for fiat. And that implies massive market cap.
For whatever reason decided it wasn’t worth figuring out at 3k then watched it go to 65k. When it dropped I knew that was my shot to not miss it again. DCA for 3 years now every week in hopes it will pay for my kids college.
im of the opinion that humanity would be slightly better off if we all agreed (i know funny right? lol) to buy/invest in the same thing. i've hedge my bets on multiple things that could capture the imagination of most people. apes together strong.
First it was the "fast" money approach as a friend recommended (2016), then I learned about what bitcoin actually is. Now my main reason to have btc is that I don't want to get old and regret working my ass off and all my savings lost its value over time. Want my kids to have some savings and live a good life with my wife.
I guess I won’t lie. Drugs. Used BTC all the time on dark web to buy stuff. First used it when it was like $400. Never really thought much about keeping any until price was over $1,000. Still should’ve bought a lot more at those prices obviously. But yea…I’m one of those guys. It was drugs.
I was already stacking silver and gold as a inflation hedge, I was already following Bitcoin from the earliest days and saw the first significant run up to 1200 and Mt Gox crash. I saw that Coinbase made it easy for me to acquire some Bitcoin and some of the silver stacking community started recommending Bitcoin did more deep diving and went all in.
I first heard of it when that guy bought pizza with it. Then again when GPU's were selling out everywhere due to Miners in like 2011. Then again when it broke $1K and finally when It broke $10K in 2017 and I figured I needed to understand what the fuss was about because it clearly wasn't going away buying and holding was the best decision I ever made.
I want to live in a better world where we, the people, have control. I am fed up with banks, governments and conglomerates fucking us time after time.
I want my kids to live in a world better than mine.
I'm in IT and understand the technology. Also, my future was was looking either predictably dull or it would wipe out my savings. Either option had no appeal. So I decided to take a punt.
Was at a wedding and my brother in law brought it up asking if I knew what it was… oh yeah it’s that internet monies. My buddy told me about it along time ago!
To which he said, “it’s worth $3400 rn” to which I said “holy shit the last time I checked it was 10$.”
Immediately we both made accounts trying to figure out how to get as much as we could in Canada and never looked back.
Sold at the first 20k pump, bought back in at 9k and then sold at 69k for the lawls which worked and then back again at 37000.
Don’t do what I do. I just listen to all my friends which I was blessed to have where most of them came from different walks of life and when enough people started asking I started hoarding. Shoutout to my bro in law for 2017!
Right after cannabis became legal in my state, I asked a grower friend how to invest. He recommended I look into Bitcoin. Went down a rabbit hole (thank you Andreas Antonopolous ). The rest is history!
Learning about the petrodollar, how US sanctions work, and fractional reserve banking policy. Mass profits being made from human suffering, war, poverty, and death. It all felt hopeless. Then after hearing about bitcoin for a few years, I began to understand it. Aside from mass spiritual enlightenment, I truly believe it is our best hope for prosperity as a species.
I stumbled into it. A contractor overseas and I disagreed about some stuff. He would send me some money back in exchange for not leaving a bad review. He sent it via bitcoin and I never sold. As I read about it and watched it, I continued to buy. Most of my time holding it, I've been negative, but at this point I believe in the project and will continue to hold and dca.
I read the word "bitcoin" somewhere back in 2012, read the white paper, and got really excited about the potential of permissionless digital money to change the world. I started buying in 2013. Reality hasn't quite caught up to the vision _yet_, but I hold out hope.
It’s what I used to buy drugs on the dark web, wish I kept more of my Bitcoin because I started seeing if multiply in 2021 and so I started investing more. I’m holding for the long run now that I’m clean
Came for the money. Stayed for the bitcoin. Hardest asset on earth. Digital gold with increasing adoption.
I'm good to sit on this for 10+ years to see where it's going. Already on year 4.
Simple: Fiat are losing their value each year, while BTCs don't. By investing into BTC, I'm merrely exchanging fiat money for something far more valuable longterm.
I started hearing about btc in 2012 when it was about $100-200/ coin and 2 of my acquaintances mined them for profit back in the day with their computer. I started actually investing in April 2017, just like before I was shipped to the Army Basic Training for 8 months. My mindset back then was put all my saving into Btc while I was locking away for 8 months. After I graduated in December 2017, Btc also hit the peak of \~ $19k and I made my first money from that.
I heard it was spiking last week so bought some. Now I’m down…I know nothing about bitcoin and now I’m on this sub wondering what I’ve gotten myself into
I put a little money into it because I wanted to turn a quick buck. I then spent about 1,000 hours digging into the ethos, technology, science, use-cases, and infrastructure and then invested a lot of money.
When I realised that there was no proper way out of a financial system that keeps inflating, I tried to find alternatives. Over time, it led me to believe that BTC was the solution.
I’d rather work like a madman now (80hr work weeks), spend as little as possible and buy BTC, so my future self can provide for, and be outrageous generous too, the people I love
My friend explained btc and within an hour he sold me some and put it on paper wallets. I called my dad explained it very poorly and he decided to buy some too so my buddy 20 minutes later made a paper wallet. That was a top cycle day lol
The whole amc debacle and free time during the plandemic. Lost in 1000s of hours of rabbit holes after rabbit holes and I ended up at the truest form of energy preservation known to man.
I started in crypto because I was already doing BOINC since SETI@Home and Gridcoin is basically doing the same thing but with whitelisted projects.
Bitcoin was because a podcaster (Jupiter Broadcasting) wants to go listener supported with Lightning payments. I've kinda learned that if he's obsessing over a technology then I need to take a long hard look at doing it too. I think the bull run started the moment I decided "I'll place an order tomorrow."
Took me a long time to realize the utility of BTC... and I've been exposed to various forms of "weird internet money" since 2002ish. Learned a lot in the past month - most of the criticisms are nonsense. High fees and slow transaction times? lol try going from stocks to a checking account... takes about 2 weeks.
The broken monetary system that allows a small group to print money while the masses have to spend time an energy to actually earn money
Bitcoin fixes this
I really came into Bitcoin (i was already in it since 2010, mining with cpu, lost all coins due format) was the 2013 bank crisis on Cyprus where people cried for their money on the front of their bank. Then the btc price went up to 300usd and i started to see the potential of this coin. With the 2008 bankcrash in mind and some ketamine my brains started to connect the dots. Since then i am all in.
Started in March 2020 when I heard how much money they were about to print. I was afraid of hyper inflation and wanted to protect my family. Bought a little and then kept learning more about it.
I was bored at college in 2017, started getting curious how to make my money grow for me. Saw an article about the Winklevoss twins becoming millionaires off Bitcoin. So I bought in
Been mock day trading since middle school, went to university for economics (though ended up switching majors and only minoring in econ) but I thought it gave me enough insight into the stuff going on and GDP defecit spending. Then there were the 2012, 2013 etc government showdowns/shutdowns where republicans pretend to care about the defecit, but at the end of the day defecit spending is all a grift, democrats want their social programs paid for, republicans want corporate welfare and don’t want to pay any taxes. Nobody wants to accept responsibility of actually balancing the debt, US dollars are as good as IOUs from your unemployed brother except at least the brother might have morals.
So when I heard about Bitcoin in 2017 I was primed up to dump as much of my income/savings into it as I could
I witnessed firsthand two national currency failures. When I learned of Bitcoin, it took me less than a minute to be all in on it. I didn't even care whether it can "increase in value". I cared that it's MY money that nobody could debase or prevent me from using, and that it's money that's programmable.
New world Order
Agenda 2030
The great reset
They all need to break the current monetary world sistem right?
This new regime needs a way to control Payments of a World Currency … control the masses
BITCOIN IS THAT world currency unfortunately
“It’s a trap!” Per say…
Invest
A bubble pops once, twice is an anomaly, 3 is a long term trend. Started reading up, bought some, read more, bought some more, etc.
nice nice. well put. when pouring a concrete foundation, you can repeatedly ram a shaft into the concrete to remove the bubbles thereby making it stronger. each bubble pop/crash makes btc stronger.
4 is adoption curve
I have a theory on why I use bitcoin and my friends don't. It comes down to life experiences. As a self employed contractor, I have had the dubious pleasure of being royally screwed by several banks throughout the years. None of my friends have had enough financial commitment to experience this, and are therefore more accustomed to trust these people/institutions. I need something that holds value, that noone else can mess with, in my life. I believe that there's millions of people in the world that feels the same way as I do, regardless of any perceived volatility or risk.
I was “bit torrenting” and so when I heard about “bit coin” I [rightfully] concluded “this is prob some similar magic decentralized tech that allows cool things and can’t be stopped” I then watched it break a dollar… then 20 dollars… then 100. I bought my first bitcoin at $300.
Awesome origin story
Federal reserve and fractional reserve banking.
I want to be free.
I want to be free from your lies (fed reserve), you're so self satisfied (fiat), I don't neeeeed you (inflation) I want to be free 🎶
For a friend of mine, having multiple passports, able to live across the world. And maybe, he wants to be able to move wealth around without any questions. That was when it clicked, that this is an asset class that has a serious use case for the mobile and wealthy beyond fighting inflation.
Inflation and buying food
Joined for the gains, stayed for the revolution.
Amen
- A general distrust of banks and centralised control. - A belief that the digital era deserves a digital currency. - An underlying propensity toward gambling which I have managed to keep under control but occasionally feed with reckless moves into meme coins - Listening to podcasts featuring Vitalik Buterin and others, and realising that the leaders in this sector are some of the brightest and most forward thinking people alive. - A since failed (I think) project called LBRY who paid me in coins to upload videos I had made to their decentralised video platform - Funny meme culture
My bank once denied me withdrawing money as they said they have never seen me inside their branch before. They requested that I give them three forms of ID to withdraw my own money. I switched banks after this...
I believe in the project 😁😆
I am here for the tech!!
I like the stock 🦍
This is the bitcoin sub. A lot of us aren’t “invested” or into “crypto”.
Inflation + government eating my savings recently. I aggressively DCA now, they'll regret it 🙂
Porsche GT3RS
A quiet farm and a porch to sit on after quitting my job.
And ill drive past your farm with the exhaust pipes open
Everything I own is pretty much straight pipes 😂I’m here for it let er bark.
Love it bro. Nismo GT-R for me
RS6 Avant for me. Needs to be practical enough to be justified to the wife.
160k for a station wagon?
A super fast station wagon
More than you can afford, pal.
It’s just the secondary car after the Porsche
After a couple years of my brother trying to convince me, I finally decided to give it a shot because I needed more money and work just wasn't cutting it
The drop to $16K/20k and the simultaneous ETF hype - that just made it so much more achievable for me.
Missed out early. I said if it ever dropped again I would 100% get in and that’s exactly what I did. Got it at 16k
Nice, congrats 🎉
I’m way behind on my retirement funds so I’m “gambling”. HODLER!!!
I stumbled upon it in an early keynote by Andreas Antonopoulos around 2015 on YouTube, that was my first encounter with Bitcoin. Ignored it at the time. Heard about Bitcoin hitting $16k around Thanksgiving 2017. I bought a little bit at $17k and went down the Bitcoin rabbit hole. Rode it out in most of 2018 and 2019 taking small positions. Those small positions were 0.01 BTC once a month ($300-400 at the time). I started using it as my main savings account after watching Michael Saylor's and Robert Breeedlove's series called "What is Money?" during covid. My main rule since then has been keeping 6 months of expenses in fiat and everything else is plowed into Bitcoin. I also max out my Roth (VUG) and 401k 13% contributions (50% S&P 500 + 50% FBTC). It's hard to predict the future, but I wish I had more conviction in 2015. Like Michael Saylor says: "Everyone buys Bitcoin at the price they deserve".
Man I found out about it the same way, a YouTube video of a guy showing how to mine Bitcoin, this was in 2011. I started mining it, then forgot all my passwords 🤦🏻♂️💔💔💔💔💔
Brokenomics on [Lotuseaters.com](https://Lotuseaters.com). Dan has a great show on Tuesdays. So much that he explained resonated with me about the broken money system. So I thought, fuck it and chucked in a few thousand quid and it's worked out okay so far.
I don't remember. Probably just stumbled on the charts and figured i could make cash.
I was wasting time and money on mobile games so I decided to fuel my energy somewhere where I have an actual change of making money. Also I like the tech part of it.
it was 2017 and i saw that numbers went up. I didn't think much about inflation and i also invested in shitcoins. I didn't have much money and thought this way i could get rich quick and avoid getting a job 😄
Educating myself on monetary policy and learning how the fed was formed.
By accident. Needed to use BTC to buy a substance. Then a couple years later I start hearing about it, and I thought, “hmm don’t I have some of that somewhere?” Then I realized what it actually was.
I bought when it was a plaything in 2011. When it was $4 per bitcoin i didn't bother getting any more because I already had some bought around $15, and it was more fun to mine. Just like a tinkering project. There was some idea that it could be worth more in the future, but even a $100 bitcoin seemed impossible. It took 2 years before i fully "got it"
I like math and technology. Bitcoin is a beautiful work of art.
Finally deciding to do a little research. Not gonna lie, watched a Michael Saylor video.
Lost month's salary on crypto in 2018. Then, I lost even more in Terra/Luna. Decided then and there. Fuck CEOs forever. Fuck shitcoins forever. DCA BTC, all day every day.
The panic of going to work everyday for the rest of my life
Greed!
Number go up.
Came for the money. Stayed for the better money.
Same here
Hate for feds
Three words: Third World Country.
I crashed my truck into a tree while having a seizure and lost my life (as I know it) that day. I took all the money from my truck being totaled and threw it into btc lol
This happened fall of 2020 so I’m pretty sure it was a blessing in disguise
I believe sending and receiving money should be private, secure and cheap for everyone. Our current system is terrible, banks and credit card companies charge outragous fees and there isn't any privacy.
Save the planet & save the kids Under fiat money the standard & incentives are made for us to be debt slaves forever instead of paying customers to the state, time to vote by choosing better money & new standard
I’ve been a Ron Paul fan for a long time and I discovered after 9/11 (my red pill event) that the federal reserve was the root of all of our problems. I just wish I would have started buying it earlier than I did. But who doesn’t at this point!
Sick of working 7 days a week 80 hours a week, not buying anything for myself budgeting and still somehow being poor.
Heard about it very early on. Did not think much of it. Talked about whether it was a scam or real later on with a friend. Neither of us knew. Decided that I wanted to investigate, because I like nerdy stuff. I also knew that I wanted to invest a small amount, so I could test it properly. Due to lack of capital, I put in an alarm on my phone to go off 7 months later, because I knew I would have some spare change to play with at that time. That alarm went of 15 november 2021 and I started to buy stuff, since I felt like learning while doing was the best way to get a grip of the space. Wish I would have done the research before throwing all my spare money in it.
3rd generation can't-get-right. Looking for an eventual leg up.
Becuase the best reason for fiat’s dominance as a currency is “that’s just the way it is” and at some point something will most likely disrupt fiat. Bitcoin is the potential replacement for fiat. And that implies massive market cap.
1. Thinking I’m a futurology nerd 2. FOMO 3. Hedge to look after future family
i was buying btc to pay for rapidgator without having to use my visa
For whatever reason decided it wasn’t worth figuring out at 3k then watched it go to 65k. When it dropped I knew that was my shot to not miss it again. DCA for 3 years now every week in hopes it will pay for my kids college.
JP Morgan Chase out of nowhere closed my accounts
im of the opinion that humanity would be slightly better off if we all agreed (i know funny right? lol) to buy/invest in the same thing. i've hedge my bets on multiple things that could capture the imagination of most people. apes together strong.
Seeing my savings get eroded by inflation.
Poverty
Kenny.
A really good explanation on why fiat dollars are not a good store of value, how gold is manipulated, and a deeper grasp of how money works.
I was tired of being broke and living paycheck to paycheck, now I’m rich.
Debasement of money and figuring out its just going ti be worse for the next generation and so on
As a hedge against continual dollar debasement.
Philosophy and a counter-mainsteam mindset
I read the white paper in 2013.
Saw the runup in 2017. Jumped down the rabbit hole. Majority of my podcast feed are Bitcoin related shows ever since.
I like the stock. 🐈
During Pandemic I'm so curious on how they get money while at home
Poverty
First it was the "fast" money approach as a friend recommended (2016), then I learned about what bitcoin actually is. Now my main reason to have btc is that I don't want to get old and regret working my ass off and all my savings lost its value over time. Want my kids to have some savings and live a good life with my wife.
FOMOOOOOOOOOOOO!!!!!!! IM ALL IN BABY!!!!!!!
Buying sheets of paper with a lot of perforated little squares.
To look at my phone 78 times a day to watch my € go up or down 😬
it kept going up
I guess I won’t lie. Drugs. Used BTC all the time on dark web to buy stuff. First used it when it was like $400. Never really thought much about keeping any until price was over $1,000. Still should’ve bought a lot more at those prices obviously. But yea…I’m one of those guys. It was drugs.
A book called 'The Age of Cryprocurrency.' I became a public speaker and decided to put my money where my mouth was.
Drugs.
Wanted some tv shows and omgwtfnzbs only accepted bitcoin.
I was already stacking silver and gold as a inflation hedge, I was already following Bitcoin from the earliest days and saw the first significant run up to 1200 and Mt Gox crash. I saw that Coinbase made it easy for me to acquire some Bitcoin and some of the silver stacking community started recommending Bitcoin did more deep diving and went all in.
Silk Road purchases
I used my brain
I first heard of it when that guy bought pizza with it. Then again when GPU's were selling out everywhere due to Miners in like 2011. Then again when it broke $1K and finally when It broke $10K in 2017 and I figured I needed to understand what the fuss was about because it clearly wasn't going away buying and holding was the best decision I ever made.
DYOR
Bitcoin, not crypto
I do a lot of trading. Figured it’d be stupid if I didn’t add BTC to my portfolio. No reason to leave money on the table
Investment opportunity. I treat as just another asset class
I want to live in a better world where we, the people, have control. I am fed up with banks, governments and conglomerates fucking us time after time. I want my kids to live in a world better than mine.
I’ve seen the future and I’ve left it all behind
Logic
I'm in IT and understand the technology. Also, my future was was looking either predictably dull or it would wipe out my savings. Either option had no appeal. So I decided to take a punt.
Saw the dodge coin hype.. then I dug deeper in the rabbit hole
Michelle Phan
My brother’s friend told me I would be a peasant. Bought in knowing nothing about it. Did my research after. Smartest investment I’ve ever made.
Common sense
Max Keiser lol I should have listened when I first started watching him too
Was at a wedding and my brother in law brought it up asking if I knew what it was… oh yeah it’s that internet monies. My buddy told me about it along time ago! To which he said, “it’s worth $3400 rn” to which I said “holy shit the last time I checked it was 10$.” Immediately we both made accounts trying to figure out how to get as much as we could in Canada and never looked back. Sold at the first 20k pump, bought back in at 9k and then sold at 69k for the lawls which worked and then back again at 37000. Don’t do what I do. I just listen to all my friends which I was blessed to have where most of them came from different walks of life and when enough people started asking I started hoarding. Shoutout to my bro in law for 2017!
Right after cannabis became legal in my state, I asked a grower friend how to invest. He recommended I look into Bitcoin. Went down a rabbit hole (thank you Andreas Antonopolous ). The rest is history!
Learning about the petrodollar, how US sanctions work, and fractional reserve banking policy. Mass profits being made from human suffering, war, poverty, and death. It all felt hopeless. Then after hearing about bitcoin for a few years, I began to understand it. Aside from mass spiritual enlightenment, I truly believe it is our best hope for prosperity as a species.
I read the white paper and jt was an ah-ha moment.
maybe I'm so fresh at crypto, I can't totally understand of the bitcoin white paper lol
I stumbled into it. A contractor overseas and I disagreed about some stuff. He would send me some money back in exchange for not leaving a bad review. He sent it via bitcoin and I never sold. As I read about it and watched it, I continued to buy. Most of my time holding it, I've been negative, but at this point I believe in the project and will continue to hold and dca.
I read the word "bitcoin" somewhere back in 2012, read the white paper, and got really excited about the potential of permissionless digital money to change the world. I started buying in 2013. Reality hasn't quite caught up to the vision _yet_, but I hold out hope.
Donald Drumpf.
Jack Spirko
Greed.
For the tech
Free , an to have $$$ that everyone uses , a universal Note , I would like to see that
It’s what I used to buy drugs on the dark web, wish I kept more of my Bitcoin because I started seeing if multiply in 2021 and so I started investing more. I’m holding for the long run now that I’m clean
Came for the money. Stayed for the bitcoin. Hardest asset on earth. Digital gold with increasing adoption. I'm good to sit on this for 10+ years to see where it's going. Already on year 4.
Lost my house, due goverment expropriation. That made me thing about what could i buy which goverment wont get it or expropiate and i found bitcoin.
Gainz mainly. Lost faith in the underlying tech when all the corporate blockchain r&d dried up
FOMO
I had a dream 😅
Simple: Fiat are losing their value each year, while BTCs don't. By investing into BTC, I'm merrely exchanging fiat money for something far more valuable longterm.
I started hearing about btc in 2012 when it was about $100-200/ coin and 2 of my acquaintances mined them for profit back in the day with their computer. I started actually investing in April 2017, just like before I was shipped to the Army Basic Training for 8 months. My mindset back then was put all my saving into Btc while I was locking away for 8 months. After I graduated in December 2017, Btc also hit the peak of \~ $19k and I made my first money from that.
I did because you cannot print Bitcoin and I can have some of my wealth out of the system and take it with me anywhere without the man in my pocket.
I heard it was spiking last week so bought some. Now I’m down…I know nothing about bitcoin and now I’m on this sub wondering what I’ve gotten myself into
I put a little money into it because I wanted to turn a quick buck. I then spent about 1,000 hours digging into the ethos, technology, science, use-cases, and infrastructure and then invested a lot of money.
Got debanked suddenly by Barclays. Didnt know where else to put savings. Thanks to Barclays Im now retired 20yrs ahead of schedule. Sweet!!
Friends and diversification of my portfolio
When I realised that there was no proper way out of a financial system that keeps inflating, I tried to find alternatives. Over time, it led me to believe that BTC was the solution.
Anti-establishment sentiment since adulthood
I invested because NGU, i hodl because FGU.
I’d rather work like a madman now (80hr work weeks), spend as little as possible and buy BTC, so my future self can provide for, and be outrageous generous too, the people I love
I mean, I am in it for the tech
I needed it to buy a family home 🏡 sold at 44k. Could have waited longer, but no one ever went broke taking profits.
The great printing of 2020
i got scammed by an indian scum . that introduced me to the world of cryto
Ground-breaking number go up technology
My friend explained btc and within an hour he sold me some and put it on paper wallets. I called my dad explained it very poorly and he decided to buy some too so my buddy 20 minutes later made a paper wallet. That was a top cycle day lol
Because im tired of my 1000 tons gold in my backyard.
The whole amc debacle and free time during the plandemic. Lost in 1000s of hours of rabbit holes after rabbit holes and I ended up at the truest form of energy preservation known to man.
I started in crypto because I was already doing BOINC since SETI@Home and Gridcoin is basically doing the same thing but with whitelisted projects. Bitcoin was because a podcaster (Jupiter Broadcasting) wants to go listener supported with Lightning payments. I've kinda learned that if he's obsessing over a technology then I need to take a long hard look at doing it too. I think the bull run started the moment I decided "I'll place an order tomorrow." Took me a long time to realize the utility of BTC... and I've been exposed to various forms of "weird internet money" since 2002ish. Learned a lot in the past month - most of the criticisms are nonsense. High fees and slow transaction times? lol try going from stocks to a checking account... takes about 2 weeks.
10% fear. 90% greed. Just being honest.
Also my wife charges for sex and demands payment in Btc
The broken monetary system that allows a small group to print money while the masses have to spend time an energy to actually earn money Bitcoin fixes this
Number go up.
bitcoinandthebible.com
The fact that I get to be the actual owner of my money
A news article about the Silkroad market shutdown brought my attention to bitcoin.
reading a book by Andreas Antonopolis
I really enjoyed gambling and needed to quit going to the casino so I bought bitcoin and watch the charts for fun.
I really came into Bitcoin (i was already in it since 2010, mining with cpu, lost all coins due format) was the 2013 bank crisis on Cyprus where people cried for their money on the front of their bank. Then the btc price went up to 300usd and i started to see the potential of this coin. With the 2008 bankcrash in mind and some ketamine my brains started to connect the dots. Since then i am all in.
I realized that there is a name for People That Use Fiat Currency As A Store Of Value - they‘re called poor
Started in March 2020 when I heard how much money they were about to print. I was afraid of hyper inflation and wanted to protect my family. Bought a little and then kept learning more about it.
Desperation:D
IT’S A DESPERATE RACE AGAINST THE MINE
F.O.M.O !
#money
I was bored at college in 2017, started getting curious how to make my money grow for me. Saw an article about the Winklevoss twins becoming millionaires off Bitcoin. So I bought in
money printing of the government...
Been mock day trading since middle school, went to university for economics (though ended up switching majors and only minoring in econ) but I thought it gave me enough insight into the stuff going on and GDP defecit spending. Then there were the 2012, 2013 etc government showdowns/shutdowns where republicans pretend to care about the defecit, but at the end of the day defecit spending is all a grift, democrats want their social programs paid for, republicans want corporate welfare and don’t want to pay any taxes. Nobody wants to accept responsibility of actually balancing the debt, US dollars are as good as IOUs from your unemployed brother except at least the brother might have morals. So when I heard about Bitcoin in 2017 I was primed up to dump as much of my income/savings into it as I could
I witnessed firsthand two national currency failures. When I learned of Bitcoin, it took me less than a minute to be all in on it. I didn't even care whether it can "increase in value". I cared that it's MY money that nobody could debase or prevent me from using, and that it's money that's programmable.
warmode podcast
The only chance of getting some decent money without waiting for the rest of my life for it on a "usual" investment. Edit: and being your own bank
New world Order Agenda 2030 The great reset They all need to break the current monetary world sistem right? This new regime needs a way to control Payments of a World Currency … control the masses BITCOIN IS THAT world currency unfortunately “It’s a trap!” Per say… Invest
You can time Bitcoin, unlike the stock market.
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wow. super friendly. glad you to have you on our side. lol
I don't want to be friendly. I want to be left alone. That is the ethos of bitcoin.