At that time Bitcoin has a low value and thinking on how to convert it for real money would probably the goal of those who received it as consolation. Looking back, who would have thought it will reach the price that we can never imagine for just a digital coin? Its really amazing. Many of us regret not holding Bitcoin when the price is still cheap but it happened already and we cant turn back time.
What matter now is the lesson that we learned that we can use to decide for the future. So lets be wise and dont let a simple correction make you panic.
Topic: ㅤ - page 3. (Read 980 times)
They're not really losers. They're also winners actually. It's just that they did not make it to the top.
Anyway, I also saw this image before in a tweet. The humor is heavy with lessons. But isn't it amusing that even in those very early years Bitcoin was already some sort of a thing worth to be given as a prize? Although it was only given to those who got the lower ranks, it was still a prize given to winners. So it must have already been treated with value.
Exactly, despite the fact that Bitcoin wasn't had just started and hadn't gained so much value at the time, some persons still saw the value in it in its little beginning, so much value as to even give it out as a prize.Anyway, I also saw this image before in a tweet. The humor is heavy with lessons. But isn't it amusing that even in those very early years Bitcoin was already some sort of a thing worth to be given as a prize? Although it was only given to those who got the lower ranks, it was still a prize given to winners. So it must have already been treated with value.
Let's say the person who got the reward of 25 bitcoins was wise,/patient enough to still hold unto it, he'll be dwelling in lots of funds now.
Well eventually everyone who owns BTC or a fraction of BTC will never be a loser, as long as someone has knowledge of BTC or what its economy represents, they will be or will have an advantage over the average, especially those who still do not know or do not believe in BTC and its deflationary economy, I think that all this is on the way for many people to become winners, those who have always wanted to be winners and have not been able to feel it, the time is now to buy some BTC, it is never too late.
Funny thing is, if it happened that the person that received these 25 bitcoins sold them back then because he thought that they were worthless, whenever he remembers that he once received 25 bitcoins for free, he would be regretting it that he ended up selling the bitcoins. Because, I know very well that back then a lot of people never really liked Bitcoin, and once they get it they look for how to sell it thinking that it is not really worth it.
But, when they eventually look back and see that they owned even up to one Bitcoin, seeing the price today would make them regret that they even sold it. No one would even give you one Bitcoin for free this time around, not to talk of giving out up to 25 bitcoins. I really hope that whoever received that 25 Bitcoin was able to hold it for long to be able to gain something from it.
But, when they eventually look back and see that they owned even up to one Bitcoin, seeing the price today would make them regret that they even sold it. No one would even give you one Bitcoin for free this time around, not to talk of giving out up to 25 bitcoins. I really hope that whoever received that 25 Bitcoin was able to hold it for long to be able to gain something from it.
I really liked this post. It's fun to lose some time. What evidence did I get today?Of course I got proof of that.Those who won were given dollars but those who did not win were given bitcoins.Today they got a lot of money from that bitcoin. This is a very good post.
This is a really good example of the rejected cornerstone turning out to be the chief cornerstone. Just look at how they gave the bitcoins to the person that they believed to be the loser, showing that they don’t even show any regards at all for Bitcoin, and now if they should look back on what happened then, they would really laugh at themselves for thinking that Bitcoin is something that is meant for losers.And if the person who received that Bitcoin back then truly knows the value of what they got, they would hold it for a long time knowing that it is a really good investment that they got for free, and they will surely reap the benefits if they did.
Man this is pretty amazing. I also love finding stories like this out there where people had no idea what bitcoin maybe even was or certainly how big it’s potential was. I see this a lot with the collectibles hobby where people were gifted a 1btc Casascius coin but end up just throwing it in a drawer and forgetting all about it. Hopefully this person just stored it somewhere and forgot about it but was able to recover it eventually. I use bitcoin for my fantasy football league and we’ve had situations where even 3rd place ended up winning a ton due to bitcoins price rise.
When bitcoin launched in 2009, most people didn't believe in it and claimed it as a scam, but those who invested a small amount at that time now must be more prosperous people. For example, 25 bitcoin may not look worth holding ten years ago, but imagine if that person still has these 25 bitcoins worth 10,48,510 USD; it must be the luckiest.
That's why it is said the more you show patience more you earn the profit.
Very Inspirational post but frustrating to those who early learn bitcoin but did not pay attention instead denied the possibilities of gaining .
There was a friend of mine that has accumulate at least 50 bitcoin back in 2012 from a small trades , but when he earns more than half year after? he sold all the coins instantly , and now he is one of those who is crying for losing a chance to become a millionaire lol.
this story is almost the same as the offers of wins to be Bitcoin is the lowest but look at it now lol.
But he also enjoys the benefits right? What your friend should regret is that he didn't know that bitcoin had more future potential and that made him cry over his mistake. But I'm sure he's not the only one to suffer the same fate as there are quite a few other stories today about his carelessness in this investment.There was a friend of mine that has accumulate at least 50 bitcoin back in 2012 from a small trades , but when he earns more than half year after? he sold all the coins instantly , and now he is one of those who is crying for losing a chance to become a millionaire lol.
this story is almost the same as the offers of wins to be Bitcoin is the lowest but look at it now lol.
Apart from that, there are a lot of people who either squandered the opportunity to buy bitcoins when the big dump in the past hit $5K or they weren't brave enough to buy during 2020. I don't expect them to cry all the way because of that, but they should start to realize that bitcoin has something to fight for for a longer time.
Well theres no turning back now because whats done is done and theres no way that you could really take it back.Charged it to experience because everything seems to be have
no potential but you wouldnt know on what would happen next.
Very Inspirational post but frustrating to those who early learn bitcoin but did not pay attention instead denied the possibilities of gaining .
There was a friend of mine that has accumulate at least 50 bitcoin back in 2012 from a small trades , but when he earns more than half year after? he sold all the coins instantly , and now he is one of those who is crying for losing a chance to become a millionaire lol.
this story is almost the same as the offers of wins to be Bitcoin is the lowest but look at it now lol.
But he also enjoys the benefits right? What your friend should regret is that he didn't know that bitcoin had more future potential and that made him cry over his mistake. But I'm sure he's not the only one to suffer the same fate as there are quite a few other stories today about his carelessness in this investment.There was a friend of mine that has accumulate at least 50 bitcoin back in 2012 from a small trades , but when he earns more than half year after? he sold all the coins instantly , and now he is one of those who is crying for losing a chance to become a millionaire lol.
this story is almost the same as the offers of wins to be Bitcoin is the lowest but look at it now lol.
Apart from that, there are a lot of people who either squandered the opportunity to buy bitcoins when the big dump in the past hit $5K or they weren't brave enough to buy during 2020. I don't expect them to cry all the way because of that, but they should start to realize that bitcoin has something to fight for for a longer time.
~
Alrighty, I am a bit guilty of this. I somehow learned back then that Bitcoin was indeed a cryptocurrency but my running thought in those days was that it was only used by criminals the in dark web. That was my only knowledge about Bitcoin back then making me shrugging it off and refusing to learn more about it. I could've bought a little bit when I just cleared up my misconception.I can imagine that friend of yours reacting to the price right now even before the ATH of 60k.
There was a friend of mine that has accumulate at least 50 bitcoin back in 2012 from a small trades , but when he earns more than half year after? he sold all the coins instantly , and now he is one of those who is crying for losing a chance to become a millionaire lol.
this story is almost the same as the offers of wins to be Bitcoin is the lowest but look at it now lol.
But if that was going to happen to me, I don't cry nor I have to regret but being glad I was knowing Bitcoin will increase its value in the future.
for people in that year, bitcoin could be said to be less valuable compared to now because in that year bitcoin was still at a very cheap price unlike now.
cry or laugh in the future no one will know until it happens even if you laugh now you might as well be like them crying in the future
~snip~ he sold all the coins instantly , and now he is one of those who is crying for losing a chance to become a millionaire lol.
this story is almost the same as the offers of wins to be Bitcoin is the lowest but look at it now lol.
Maybe your friend is one of the many people who regrets that it's so great today. I don't think they think the future about its value when selling. Needless to regret, today the most important thing is to take advantage of all the opportunities we have to be more than what we have right now. We just need to learn to be able to be like the title of the author of this topic. this story is almost the same as the offers of wins to be Bitcoin is the lowest but look at it now lol.
There was a friend of mine that has accumulate at least 50 bitcoin back in 2012 from a small trades , but when he earns more than half year after? he sold all the coins instantly , and now he is one of those who is crying for losing a chance to become a millionaire lol.
this story is almost the same as the offers of wins to be Bitcoin is the lowest but look at it now lol.
But if that was going to happen to me, I don't cry nor I have to regret but being glad I was knowing Bitcoin will increase its value in the future.
Should they know, they would have fought to loose on this particular occasion. Value could be really tricky. If such tournament was held to carry the same price, I wonder what the fight would look like, lol.
Very Inspirational post but frustrating to those who early learn bitcoin but did not pay attention instead denied the possibilities of gaining .
There was a friend of mine that has accumulate at least 50 bitcoin back in 2012 from a small trades , but when he earns more than half year after? he sold all the coins instantly , and now he is one of those who is crying for losing a chance to become a millionaire lol.
this story is almost the same as the offers of wins to be Bitcoin is the lowest but look at it now lol.
There was a friend of mine that has accumulate at least 50 bitcoin back in 2012 from a small trades , but when he earns more than half year after? he sold all the coins instantly , and now he is one of those who is crying for losing a chance to become a millionaire lol.
this story is almost the same as the offers of wins to be Bitcoin is the lowest but look at it now lol.
This should be turned into a Meme and used by every Bitcoin enthusiast around the world. Mr Lee Sharpe should be made famous, like Lazlo with his Pizza buy. 
I took a screen capture of that to show to all the people who laughed at me..back in the day... when Bitcoin was seen as a FAD that will blow over. (their words) 
Thank you OP for posting this... it brings back bad memories from the time when people ridiculed us and a burst of joy and hope from the profits we made and the profits we will still make in the future.
I took a screen capture of that to show to all the people who laughed at me..back in the day... when Bitcoin was seen as a FAD that will blow over. (their words) Thank you OP for posting this... it brings back bad memories from the time when people ridiculed us and a burst of joy and hope from the profits we made and the profits we will still make in the future.
This post is way more inspiring than any story telling from legends. Full respect to that tweet actually. It’s telling the whole story in blink of an eye. What bitcoin was thought to be and how bitcoin is being considered today.
Totally scrambling post. Thanks for sharing this.
Totally scrambling post. Thanks for sharing this.
This makes me to remember about old days when I first had of bitcoin when the price is till low at that time. I was like it's fraud, it's illegal, it's worthless. When I know the full details about bitcoin it's late the price is up I can't afford even a pieces of bitcoin.
Nothing is worthless...
Nothing is worthless...
LOL, right now I really see positions 5 - 8 are the real winning positions. if they still hold on to the bitcoins they have to this day, they really become rich people. Yeah, I laughed at this too. The only think, we don't know if they are still holding the bitcoins to this day or not. even in a few years, if they hold on to it, they really have a bigger prize than 1st place winner.
If those who were in the 5th-8th place still hold and keep their Bitcoin until now, they will be exactly the winners and become really rich. but at that time, people still don't see any worth in Bitcoin Maybe some will let it be in the wallet without willing to convert to fiat because they might think that the amount was not worthy. Let it be in their wallet until now and they are very lucky right now. With the note that they really still hold them and have the private keys or other data to access the wallet.
It seems that we may not underestimate something, because what we may cosnider something unworthy today maybe very worthy in someday later.
It seems that we may not underestimate something, because what we may cosnider something unworthy today maybe very worthy in someday later.
Bitcoin is a digital property that is constantly growing in value. Take care of it, because in 10 years those few million satoshi that you once received somewhere, even on this forum, can turn into a very impressive amount.
Actually, those "losers" who received 25 BTC each were lucky. Today, 1 million satoshi is worth about $410. I believe this amount of BTC will cost $1000 after the next mining reward halving. So it would be a wise decision to accumulate as many satoshis as possible while they are relatively cheap.
This picture shows well the era when bitcoin was not taken seriously. Few understood the potential of this asset at all. As a result, at current prices, the winner received 2 000 times less than the loser. 
The winner could spend $500 to buy very cheap bitcoins from some cryptocurrency exchange and immediately withdraw them to his Bitcoin address to do HODL. But most likely, he did not invest in BTC.
Quite weird to be giving out bitcoin for last place though; was this like to not make the last prize seem so cheap lmao? I'd assume it's like $25, or probably less.
I just looked at the CoinMarketCap chart for Bitcoin. This oldest cryptocurrency related website has been logging historical data since April 29, 2013. As far as I can see, the lowest BTC price of $68 has occurred on July 5, 2013, so I guess the last prize was around $50 or even higher. Perhaps this guy did not know what to do with coins, because at that time there were not a lot of cryptocurrency exchanges.
If you will think of yourself in the current time, this is kinda funny to see because we know how much is 25 Bitcoins right now.
If you will think of yourself and travelling back 10 years ago, you will just see Bitcoin as a mere meme coin that has a low value at that time.
TBH, its funny to see that a picture of that is still in the internet after 10 years. Now after seeing that, I might join the tournament and I will hold any crypto coin for around 3-5 years as long as it already has value. What is the lesson here? Just hold your coins whether it is a shitcoin, a meme coin or a coin like Bitcoin because most of them increases its value overtime . Nahh don't take what I said seriously its your decision to make.
If you will think of yourself and travelling back 10 years ago, you will just see Bitcoin as a mere meme coin that has a low value at that time.
TBH, its funny to see that a picture of that is still in the internet after 10 years. Now after seeing that, I might join the tournament and I will hold any crypto coin for around 3-5 years as long as it already has value
. What is the lesson here? Just hold your coins whether it is a shitcoin, a meme coin or a coin like Bitcoin because most of them increases its value overtime . Nahh don't take what I said seriously its your decision to make. Jump to: