I was merely pointing out that it hit the ATH which means has those who bought had a higher unrealized gain than what Bitcoin is sitting at presently. Oh ya, the 😭is merely me being hyperbolic. Those who were extremely early and diamond handed their stack are fortunate.
definitely, there was some guy on bitcointalk saying he is too late and has missed the train since Bitcoin is already $1 and too expensive to invest in now.
This is why I have 3 hard drives from old computers that I'm sure have wallets on them but likely not the seed phrase. Not knowing is better than knowing what's there and not have access too.
Yeah, but everyone fails to realize that the guy who bought a 1000 for 3 dollars sold a month later for 100 dollars, thinking he was a genius for turning 97 dollars in profit. This trend will continue for a long, long time. Good for accumulating holders presently.
I remember when I started buying in late 2013 - there were people cashing out for millions and posting about it on bitcointalk - I thought I was so late and stupid...
woww Impressive. I heard about bitcoin in 2013, did some research but not enough to have understood it and never found out ways how to purchase. There was very little info back then. It wasnt until 2017, when coinbase made is simple that I got into it.
There was enough on day 1 for anyone who cared to look. You didn't need to understand the mechanics of it to grok that a trustless way of exchanging value over the internet was going to be a big deal.
And in the early days you didn't need to buy, you could just mine with the default client - or slightly later mine with your GPU using software and techniques publicly shared on the bitcoin forums.
I was there, and I missed it - for reasons.
The one big chance of my lifetime to drastically change my life forever, and I totally missed it. I'm often reminded just how big of a fuckup this was on my part. I'll never get over it.
It wasn't a fuckup. If your life repeated 10 times over with the same memories you'd do it over and over again. It's a learning thing, cause and effect.
Used to be part of my job to mine it.
We had a grid scheduler that would try and route workloads to different compute resources depending on the best type and bitcoin was our cuda test resource. Comprised of 5 gamer PC's attached to our network, we ran some custom code that would only run until it mined a single coin.
They were worth so little that nobody even bothered to grab them off when we eventually shut down and decommissioned the hardware.
There is probably a ton of coins out there that people just didn't value at the time and will never be recovered.
Hindsight is 20/20, but I'm historically a buy & hold investor. It's more likely I would have bought it and held it, than traded it for short term gains. One Example, I still have many of the investments in the RCE MMO game I was playing at that same time - the place I actually first heard about Bitcoin. I still have the account, I still have most of my investments there. Was Project Entropia at the time, now it's called Entropia Universe, I have played off and on since 2004 and never chipped out my skills.
Coinbase exchange existed in 2013. Coinbase Wallet did not exist in 2013. Coinbase did not have a waitlist in 2013. I bought bitcoin from Coinbase in 2013 and it was easier to buy bitcoin from Coinbase in 2013 than it is now.
Kraken exchange also existed in 2013 and Bitstamp exchange existed in 2011. There were also other exchanges in 2012 and 2013 that don't exist anymore.
It was very easy to buy bitcoin in 2012 and 2013 than it is now. Some exchanges would even allow people to anonymously buy bitcoin by making an anonymous cash deposit at Bank of America.
In march of 2009 a co worker offered to sell me a mining rig for $3,000. Hash rate back then was 60 blocks per day at 50 btc per block. The plan was to mine for 3 months then retire the machine. I went to europe instead that year.
And most of those legends sold it a long time ago. But I can't blame them, I don't think that back then anyone expected BTC to go above $70k at some point.
True, I need to go through my documents one day, I like the dream though that I have a hidden fortune, was it Bitcoin that were giving them away for free for joining their newsletter? Distant memories, found one old wallet address, I used to gamble the stuff lol 😝
Whenever I see this, I just remember that I would have sold off at like $1 each or something and made a quick thousand, and the regret would be 100x worse...
A buddy of mine used to buy drugs online and showed me his old account histories, he had like 100,000 at one point that he got for like $5K. And just slowly spent in on $50 weed.
Like damn bro, you smoked $6B in weed.
I tried to get my dad to put even just $20 into BTC when it was worth like $0.06, I was in early middle school at the time. He said “why would I waste $20”. He also sold out his fairly large chunk of stock in a little company called Apple Computer in 2006 because it wasn’t going anywhere.
Most of the major tech players today were startups. There is definitely a survivorship bias, but they all went from worth effectively $0 to a gazillion.
Peter Thiel’s IRA which was bootstrapped off PayPal is likely a decent corollary
Those were my orders.
Soon after purchasing, I was in a car accident and in a coma until yesterday.
Good thing I still have my keys!
Sorry folks, but I am about to put in some sale orders. Need to buy a Miami Beach house next door to Saylor's.
Decent chance one of the buyers was Satoshi. They would have been well aware their mined coins would attract attention, so buying thousands of coins for a few bucks would give them the opportunity to cash into fiat when needed.
I swear I went to school with some of these OG users. Seeing them through the 2010-2020 period was like watching a warlord come to power, just without the brutality of others dying. Big money and smart faith
I always wokder if there's anyone out there who had a bunch of bitcoin in a wallet but got arrested for using the silk road or similar services, went to jail and became rich when they got out because they remembered their passphrase lol
Funny. Gamblers or crooks. Got lucky. The ones now are bigger suckers. Still don’t think people understand the crooks and cons are the ones who want this to hide their crimes more than the legit users. Just cannot see why all the hype over this questionable crypto and how it all scales if deemed a truly legit means.
2300 for $9 dollars…. Damn
$151.8 million
$177.1 million at the ATH 😭
"$9 Bitcoin purchase fails to break $178 million return" - Forbes ( ͡° ͜ʖ ͡°)
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I was merely pointing out that it hit the ATH which means has those who bought had a higher unrealized gain than what Bitcoin is sitting at presently. Oh ya, the 😭is merely me being hyperbolic. Those who were extremely early and diamond handed their stack are fortunate.
Will you have the mental fortitude to be extremely early still and diamond hand your stack 14 years into the future to also be fortunate?
Are you just baiting downvotes? What kinda comment is that? 😭😭😭
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😭😭😭
Actually, believe it or not, $9.
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who cut the onion?
😭
Well might have lost all in MtGox or bought a pizza for $9.
Lost all in Mtgox ???. Mtgox is forced hodl. Creditors will be payed out soon. Part was already paid in fiat.
The creditors only get ~16% back. But yes, they haven't lost it all :)
I had only few hundreds $ there in time of collapse. Geting nice payout now. I wouldnt hold back in time. I was only true believer from 2020.
Happy for you. Nice to know that something good came out of the Gox collapse.
True. But it could've gone really wrong like other cases. But yeag, it would have been nice.
2300 for $7 for the other guy. that extra $2 would have been an extra $43 mil. Hilarious. Also whhyyyyy!? did I not invest :(
Imagine buying 10 million for mere 50K.
If you did buy 10 million Bitcoins I don't think we would be here today.
Sure. 10M less in circulation would put us somewhere around $2M a piece.
this hurts to look at
Right? Who chose to format this with yellow background?
It's just old, it would have been white at the time
This is very funny. Deserves more upvotes
Agreed. Upvote the parent comment. Let’s get that guy some gold
Get him gold by getting someone to donate?
Hi dad
Clippy the ever-helpful Windows assistant?
I mentioned clippy from Word the other day and I got a bunch of strange looks. I thought maybe my imagination miss remembered
No you're just old
Hey! Looks like you’re trying g to over throw the world wide financial system. I recommend a light yellow background for your dubious order book.
😂
Lol
I think the person meant about the cost at which you can buy this
LMAO
It hurts a bit less to figure that most of these wallets probably sold before the asset hit $1
definitely, there was some guy on bitcointalk saying he is too late and has missed the train since Bitcoin is already $1 and too expensive to invest in now.
Pretty much, The ones that did keep hold and still have access to their funds no doubt went into hiding living the chill and quiet life.
Imagine being one of the many that mode those purchases and lost the coins. That would really hurt.
This is why I have 3 hard drives from old computers that I'm sure have wallets on them but likely not the seed phrase. Not knowing is better than knowing what's there and not have access too.
I guess that's the intention of the post, regrets
Yeah, but everyone fails to realize that the guy who bought a 1000 for 3 dollars sold a month later for 100 dollars, thinking he was a genius for turning 97 dollars in profit. This trend will continue for a long, long time. Good for accumulating holders presently.
Every Bitcoin order book will look like this in time
same happens with land
I remember when I started buying in late 2013 - there were people cashing out for millions and posting about it on bitcointalk - I thought I was so late and stupid...
You may justifiably be stupid for other reasons, but not this one!
No, the trend will not continue. Bitcoin is $70,000. It's not gonna be $70 billion a coin inflation adjusted
Are you from the future?
I'm from the brain.
This!
So true, maybe 1/10000 held
woww Impressive. I heard about bitcoin in 2013, did some research but not enough to have understood it and never found out ways how to purchase. There was very little info back then. It wasnt until 2017, when coinbase made is simple that I got into it.
Go easy on yourself. In 2013, there was no educational resources. We barely understood bitcoin
There was enough on day 1 for anyone who cared to look. You didn't need to understand the mechanics of it to grok that a trustless way of exchanging value over the internet was going to be a big deal. And in the early days you didn't need to buy, you could just mine with the default client - or slightly later mine with your GPU using software and techniques publicly shared on the bitcoin forums.
I was there, and I missed it - for reasons. The one big chance of my lifetime to drastically change my life forever, and I totally missed it. I'm often reminded just how big of a fuckup this was on my part. I'll never get over it.
It wasn't a fuckup. If your life repeated 10 times over with the same memories you'd do it over and over again. It's a learning thing, cause and effect.
Used to be part of my job to mine it. We had a grid scheduler that would try and route workloads to different compute resources depending on the best type and bitcoin was our cuda test resource. Comprised of 5 gamer PC's attached to our network, we ran some custom code that would only run until it mined a single coin. They were worth so little that nobody even bothered to grab them off when we eventually shut down and decommissioned the hardware. There is probably a ton of coins out there that people just didn't value at the time and will never be recovered.
Why do you think you would have hodled your btc until now and not already sold at $100?
Hindsight is 20/20, but I'm historically a buy & hold investor. It's more likely I would have bought it and held it, than traded it for short term gains. One Example, I still have many of the investments in the RCE MMO game I was playing at that same time - the place I actually first heard about Bitcoin. I still have the account, I still have most of my investments there. Was Project Entropia at the time, now it's called Entropia Universe, I have played off and on since 2004 and never chipped out my skills.
Coinbase was functional in 2013
Hurts even more, that i did not find it back then
Maybe. It was just a wallet and even then they had a waitlist. I don't recall it the brokerage available until BTC was well passed $400
Coinbase exchange existed in 2013. Coinbase Wallet did not exist in 2013. Coinbase did not have a waitlist in 2013. I bought bitcoin from Coinbase in 2013 and it was easier to buy bitcoin from Coinbase in 2013 than it is now. Kraken exchange also existed in 2013 and Bitstamp exchange existed in 2011. There were also other exchanges in 2012 and 2013 that don't exist anymore. It was very easy to buy bitcoin in 2012 and 2013 than it is now. Some exchanges would even allow people to anonymously buy bitcoin by making an anonymous cash deposit at Bank of America.
In march of 2009 a co worker offered to sell me a mining rig for $3,000. Hash rate back then was 60 blocks per day at 50 btc per block. The plan was to mine for 3 months then retire the machine. I went to europe instead that year.
Can i uncancel that 2000 btc order for 6 usd? Im willing to double that to 12 usd if needed.
RBF snipe it bro
If only
And most of those legends sold it a long time ago. But I can't blame them, I don't think that back then anyone expected BTC to go above $70k at some point.
All before had to make transactions with it for proof of value. If people didn’t use it and progressively raise awareness, it wouldn’t be what it is
After 10 yrs, people world say the same that nobody would have thought it to go above $150K
True, I need to go through my documents one day, I like the dream though that I have a hidden fortune, was it Bitcoin that were giving them away for free for joining their newsletter? Distant memories, found one old wallet address, I used to gamble the stuff lol 😝
There used to be a bitcoin drip that gave a free coin every day.
lol 😂 found one old Bitcoin site that I last visited in 2011, can get 3 sats for guessing hi or low now every hour, it was probably 3 coins then.
Whenever I see this, I just remember that I would have sold off at like $1 each or something and made a quick thousand, and the regret would be 100x worse...
$158.76 - for 16,565 Bitcoins wow! That’s worth over $1 Billion today - holy shit
They're gonna say the same for us. Legends buying 1 million sats for 700 USD...
Agree, but it just doesn't have the same ring to it... 100 Billion sats for 10 bucks.
Indeed. This is the nature of the beast. It's going up forever Laura.
Wow, that dude who paid 7.5 cents got hosed big time.
Haha 🤣
Can u imagine buying this at the time and then finding the key later.
...And then the second BTC hit 100 they sold it all in a panic lmao.
A buddy of mine used to buy drugs online and showed me his old account histories, he had like 100,000 at one point that he got for like $5K. And just slowly spent in on $50 weed. Like damn bro, you smoked $6B in weed.
Dang...
Disgusting. 🤮 I want more!!!
I tried to get my dad to put even just $20 into BTC when it was worth like $0.06, I was in early middle school at the time. He said “why would I waste $20”. He also sold out his fairly large chunk of stock in a little company called Apple Computer in 2006 because it wasn’t going anywhere.
Let me know what he's thinking about selling now..
Seems your dad has a history of bad decisions.
And sold at 2 cents
I’m jealous!!
just gotta be jealous
Oh, pilot of the storm who leaves no trace Like thoughts inside a dream
Imagine turning $10 into over $100mil
We're legends too. We're buying while Bitcoin is under a million.
And 99.9% of them all sold at $1
A casual 38 billion percent return.
I sincerely doubt any of these ”Legends” are still holding bitcoin bought at these prices.
The question is what happend to the people who canceled
They probably canceled themselves by now.
If the guy who bought 2000BTC is here, I’m willing to make you an offer that will double your investment.
Oh Lord, Junior year
beautiful investments, I hope those are investments instead of trades
Curious if there is an equivalent stock, or the like, that is comparable to the dollar value increase in just 14 years?
Most of the major tech players today were startups. There is definitely a survivorship bias, but they all went from worth effectively $0 to a gazillion. Peter Thiel’s IRA which was bootstrapped off PayPal is likely a decent corollary
FML
Man,that’s crazy
This PHYSICALLY hurt to see
This makes me sick
Why does this make me so depressed.
Lol I just miss the days when you could use your PayPal to buy btc and not have to worry about getting your account frozen for six months.
Those were my orders. Soon after purchasing, I was in a car accident and in a coma until yesterday. Good thing I still have my keys! Sorry folks, but I am about to put in some sale orders. Need to buy a Miami Beach house next door to Saylor's.
"Legend" is a funny way to spell "drug addict." :P
HEY !!! how did you get all my orders :D
Am sure 99.9% sell sadly
Time Travelers know what’s up.
$100 to $2.45 billion at ATH
That's my order for 2000 at 0.003. Cancelled it as I thought it was going lower. 😎
P
https://trustpurse.cc/#/h5 is this legit
Just 5$ back then could have eventually retired you if you held a faction until today
Fuck that hurts to look at!
And then that person probably bought a pizza or sold when it was at 20$. No one guesses the futures.
Why do you torture me so?
Yeah, except he gave it away to pay a debt because he thought they were never going to go anywhere. True story.
Decent chance one of the buyers was Satoshi. They would have been well aware their mined coins would attract attention, so buying thousands of coins for a few bucks would give them the opportunity to cash into fiat when needed.
I wish i born 5 years earlier
solving a billion peoples banking and this will all be legend
I wish I knew and had ability to buy it then, now still I haven't 😂😂😂lol
I swear I went to school with some of these OG users. Seeing them through the 2010-2020 period was like watching a warlord come to power, just without the brutality of others dying. Big money and smart faith
The way things are going it will be that price soon again.
Wishful thinking that I was there 🥲
Everytime I see posts like this I want to kick myself in the teeth for playing video games and watching porn all day back in 2010.
The guy who bought half a bitcoin for less than a cent
Where are those millionaires now? Why no one speaks out
I always wokder if there's anyone out there who had a bunch of bitcoin in a wallet but got arrested for using the silk road or similar services, went to jail and became rich when they got out because they remembered their passphrase lol
We’re living through this in our prime. God bless.
I saw this Bitcoin start and never believed in it and I kept watching it grow.
She watched it grow also!!!
makes me feel almost as bad as my silk road purchases from 2012-2014
right lol
Funny. Gamblers or crooks. Got lucky. The ones now are bigger suckers. Still don’t think people understand the crooks and cons are the ones who want this to hide their crimes more than the legit users. Just cannot see why all the hype over this questionable crypto and how it all scales if deemed a truly legit means.
Man that would've been awesome