It was January 20th, 2016, and I was up late on the laptop browsing around the internet. A story about Bitcoin had popped up and I had decided to finally go down the rabbit hole and learn exactly what Bitcoin was. Like many people, I had heard of Bitcoin, but never took the time to research and figure out how it worked.
I decided to start by reading Satoshi Nakamoto’s whitepaper, but couldn’t even understand or finish it by the second page. I almost give up but instead went to YouTube to watch videos on how Bitcoin and blockchain worked and about 2 hours later I was hooked. Why didn’t I look into this earlier when I first heard about Bitcoin?
I knew I had some extra cash in my bank account from Christmas and decided to finally buy some Bitcoin. I checked out the price and it was $400. Of course I know better now that price shouldn’t make a difference in crypto, but back then, it was a little intimating. Surely it was overpriced right? (who knew, right?)
I knew there were other coins like Litecoin, Monero, and Ripple and kept browsing around the internet, researching some more. For some reason, I wound up on 4chan’s /biz/.
Back then, threads mostly consisted of Amazon dropshipping, flipping products from Alibaba, RobinHood stock trading, and general finance advice. /biz/ was originally created as an containment board from /g/ who was getting fed up of the constant Bitcoin threads, derailing the discussion from tech. It was then, /biz/ was born.
A few threads about Bitcoin and crypto would popup every now and then, but stock trading seemed to be the trend in those days. I then stumbled upon a thread called “Ask the World’s First Ethereum Millionaire Anything”. People in the thread called it “the next Bitcoin” and “Bitcoin 2.0”
Sounds interesting.
I went back to YouTube and learned about smart contracts, DApps, and Vitalik Buterin. Hmmm, this Ethereum could really be a game changer.
I opened up my first exchange account, bought some Bitcoin and converted it to Ethereum via ShapeShift.
And the rest is history.
Since then, /biz/ has become 100% crypto. At first, there were some complaints from Alibaba droppershippers and stock market traders. But once people started posting their 6 figure crypto portfolios with 200%+ gains, crypto couldn’t be ignored any longer.
/biz/ was always about making money and they finally found a way how. 5% stock market gains and $100 a month with Amazon affiliate seemed like peanuts compared to crypto.
My next coin I found on /biz/ was PIVX which I got in at 20 cents. PIVX was posted on /biz/ nonstop with users touting it as the next Monero. I did my research on PIVX, thought it was good buy, and went for it. It has since returned over 5000% back in gains.
Your first time visiting /biz/, many threads might seem to be obvious pump in dumps, chasing ATHs, and bad shitcoin investment advice. But just like the rest of 4chan, there is a lot of bullshit and you need to filter it out until you reach the gems.
/biz/’s next choice was ChainLink (LINK). A small market cap ERC-20 token that aims to solve the oracle problem of smart contracts. ChainLink was shilled hard on /biz/ late 2017 and the memes were some of the funniest I had ever seen.
I couldn’t ignore it any longer and spent half a day researching LINK, reading blogs and watching videos and conferences. Damn, I thought, this could be another gem.
ChainLink threads were full of FUDsters and trolls saying the project was going nowhere and developers weren’t providing updates. But I knew I had to read past the bullshit and went for it.
I originally bought LINK at 48 cents and a few days later it dropped hard. LINK trolls rejoiced but I decided to go with my gut and ended up averaging down with my biggest buy at 17 cents.
Since then, LINK has reached an all-time high of $1.70 and I expect it to go much much higher this year.
Crytocurrency is a sure way to hit it big financially. It is a very profitable investment with most having far more than 100percent profit
how do you think or your prediction about bitcoin price in 2018 whether it will be increasing or going down.
I just want to survey some people's opinions
I think 2018 will be another great year for crypto. Might be the last year.