>> (p.1)
    Author Topic: Digestion time  (Read 1583 times)

    • gubi66 (OP)
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    September 20, 2013, 03:18:17 AM
     #1
    Hello everybody,
    Bitcoin is not immediatly easy to understand or trust.

    Talking with adopters I noticed that often it was passed quite some time between first contact with bitcoin world and first personal acquisition  of coins (faucer staff is not considered acquisition for this pool).
    Would be of some interest to understand how much is the time needed for this digestion step.

    Unfortunately this forum platform doesn't allow multiple cross choises (some expert-admin could try to develop that...)  otherwise I was thinking also to ask  for age of adopter and first contact source (media or friends) to see how these factor influence the digestion processing time.

    BTW I am just asking to you to look back to your blockchain and investigate how much time passed between the first contact and the first coin.

    Let's see if we can get enough participation to get some statistics.
    www.twitter.com/surdivox

  • Birdy
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    September 20, 2013, 03:43:06 AM
     #2
    Quote from: MicroGuy on September 20, 2013, 03:39:25 AM


    I first heard of Bitcoin from a young relative and it wasn't until about one year later that I secured my first Bitcoin.

    Since that time I've been reading everything on the subject sometimes spending 60 to 80 hours per week digesting data and formulating ideas and projections. My conclusion is that Bitcoin is a trailblazer that will open doors for new digital currencies to follow.

    Take a look around the alt forums, keep an open mind, and "may all your Bitcoin dreams turn to gold".

    what he really means is *buy my goldcoins HINT HINT, I want to get rich*

  • gdassori
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    September 20, 2013, 01:32:11 PM
     #3
    I first heard of Bitcoin in summer 2012. A Tor project member, hellais, was so enthusiast explaining what bitcoin is. Unfortunatly I was pretty involved in online trading so my first answer was "what about leverage?", and when I heard that no leverage was available on BTCUSD I simply lose interest. Probably one of my big mistakes ever, I joined the community only 5 months ago, missing the big explosion between feb and apr 2013.

    Well, shit happens.
    guido.mempool.co

  • BitAddict
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    September 20, 2013, 05:50:34 PM
     #4
    I heard about bitcoin in 2009, but at that point I just joked about it.. thinking how stupid people could be to use this.
    In 2012 after hearing again I started reading about it, but it tooks me 3 months until I decided to buy.

  • Polvos
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    September 20, 2013, 06:40:25 PM
     #5
    About two months. Started reading compulsively on july 2011 and bought in september after I knew how to protect my coins from hacking, etc
    Bitcoin OTC rating
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  • dserrano5
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    September 20, 2013, 07:56:56 PM
     #6
    From my diary:

    Quote
    Jun 1st 2011
    A mail was sent to lab@mycompany.com about bitcoin. I did a couple of searches and read a bit, found a USD exchange (mtgox.com). This BTC thingy is going up like crazy…

    Jun 3rd 2011
    I'm pulling some disposable money I had in the bank (420€), let's take the risk to invest it in bitcoin, let's see… it's worth around $13-$14 today.

    Jun 4th 2011
    I already have in bitcoins those 420€, or $600. The value has gone up to $17 so I have 34.12 BTC. Now it's the moment when it all comes down Smiley

    Off topic, only 10 days later:

    Quote
    Jun 14th 2011
    There's a guy in the forum that had his computer hacked and his wallet.dat stolen. He had 25k bitcoins, $500k at current value…

    And another 5:

    Quote
    Jun 19th 2011
    Someone sold a ton of bitcoins in mtgox and the value plummeted to the bottom, down to 0.01.

    Aahh the memories…

  • Vod
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    September 20, 2013, 08:39:45 PM
     #7
    I read about bitcoin online somewhere (can't remember where), installed the program and had my first 50 coins within 10 minutes.  Ah, the good old days.  Smiley
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