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Topic: ㅤ - page 4. (Read 980 times)

legendary
Activity: 3248
Merit: 1402
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January 19, 2022, 07:56:38 AM
#50
This is an inspiring story, and it's unbelievable how much the price grew over 10 years. I do believe that Bitcoin is still undervalued and many people don't take it seriously enough. I agree that whatever one may have now can be worth 10 times that much in 10 years. But not 100+ times as much. Those days are over, and there's a simple limit to Bitcoin's growth: the world's economy. Global GDP is around 100 trillion dollars, and while Bitcoin can be worth a significant part of that, it sets a limit, the way I see it. Of course, the world economy is growing, so it's not an absolute limit, but it's a relative one, and assuming that Bitcoin can be worth more than, say, 50% of it, is definitely unreasonable.
hero member
Activity: 1344
Merit: 565
January 19, 2022, 05:27:28 AM
#49
I don't know if something similar has already been posted on the forum, but still. I love these artifacts. This is the story of bitcoin, the story of how people felt about it at the time, 10 years ago.


The case when the losers became winners. Yes, I understand that there is an extremely small chance that these people were able to make the correct profit from this consolation prize, and most likely they got rid of these coins almost immediately. Although, everything can be, and one of these guys still became a millionaire .... who once lost.

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. Cheesy

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.
True that. As you said, those that received the Bitcoin as compensation then most probably just got rid of them quickly for whatever price but if any of them for some reason see it as insignificant and forgot about it for a longer time and was still able to access the wallet years later will certainly have made a good fortune from what ought to have been the last position. There is definitely a good lesson to be learned here, even a simple faucet adventure I have been engaging in for some time now is worth about $22 cos I click on it every morning once I log in to my system  Grin I know it will be worth even more years from now plus more clicks  Wink
full member
Activity: 1834
Merit: 166
January 19, 2022, 12:26:57 AM
#48
This is how time have changed and if those who have got that bitcoins still hold onto that prize will be lucky enough to turn millionaire at the current prices of btc above $41k or who knows what profit they might have made.

There were other examples also where some faucet sites were paying 5 btc to solve a captcha and imagine if someone has collected quite a good amount of them at that time and still holds it today? The profits association with holding btc have been immense over time and yes you are right bitcoin could turn the tables anytime.
full member
Activity: 2268
Merit: 121
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January 18, 2022, 10:04:23 PM
#47
Yeah, yeah. Bitcoin and a couple of crypto currencies have proven to be valuable and in demand as time passes which brings a lot of profit to the people who invested and believed in them. But the thing is, without all the knowledge of how things went for crypto and other influences today, I highly doubt that if the time went back, to 2009 or so, people would still not invest and would even make fun of the people who do. Fact is, until people see results they won't bother giving a sht(most people) which is why only a few had success even after all those years.
you are right, when we go back to the past where bitcoin was first known, of course if we buy and store bitcoin then many are harassing. because at that time bitcoin was not very valuable at all, even if it would be sold only for online game payments and did not think about wanting to save as an investment. because no one thought that bitcoin would be accepted by the community and used as a very potential payment.

no one thought that currently bitcoin could make a lot of profit for its owner and be used as a very promising investment for now until whenever. because bitcoin has grown into a promising asset for everyone who owns it. So it's true that you say that only a few are successful today because only a few have been holding on from the start. so lucky that until now continue to do the storage until the long term because it enjoys an immeasurable gift.
member
Activity: 840
Merit: 23
January 17, 2022, 12:59:02 AM
#46
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.
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.
legendary
Activity: 2576
Merit: 1860
January 16, 2022, 09:29:03 PM
#45
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.
full member
Activity: 2520
Merit: 204
OrangeFren.com
January 16, 2022, 09:16:47 PM
#44
I don't know if something similar has already been posted on the forum, but still. I love these artifacts. This is the story of bitcoin, the story of how people felt about it at the time, 10 years ago.


.
WTH  Grin the lowest prize worth more than 1 million dollars now haha , Imagine if the winners disregard the bitcoin that time and just now that come to senses and check their respective wallets about their coins?

I can't believe this happens in the past when most of the world is not listening to the call of crypto enthusiast and just neglected the chance to become a millionaire now.


I reckon none of the 4 winners of those 25 bitcoins still have them today.
None of us  knows this  , maybe some of them even forgot since then that they did participated in such event and now have digging their wallets? who really knows lol.
sr. member
Activity: 882
Merit: 403
January 16, 2022, 09:09:59 PM
#43
Yeah, yeah. Bitcoin and a couple of crypto currencies have proven to be valuable and in demand as time passes which brings a lot of profit to the people who invested and believed in them. But the thing is, without all the knowledge of how things went for crypto and other influences today, I highly doubt that if the time went back, to 2009 or so, people would still not invest and would even make fun of the people who do. Fact is, until people see results they won't bother giving a sht(most people) which is why only a few had success even after all those years.
member
Activity: 98
Merit: 36
January 16, 2022, 08:25:05 PM
#42
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.
[/quote]

This is honestly my best part of it all, the essence of holding bitcoin will be seen soon.... Despite the bearishness of bitcoin, we've got optimistic folks to keep us(Juveniles in Bitcoin) in shape about Bitcoin.
Thanks for sharing this knowledge and information.
full member
Activity: 1008
Merit: 104
January 16, 2022, 07:44:36 PM
#41
Lol. This is yet another example. We have seen it many times in the forum, when time has passed and we see the extraordinary revaluation of Bitcoin, we see these things and we laugh, but at the beginning when Bitcoin was worth pennies, and nobody knew about it, and if you heard anything it was related to fraud, or drugs or terrorists, well it was difficult to see how it was going to revalue.

In any case it is good to remember these things at this time because there are a lot of people pessimistic about the price.


It's true sir, many people complain about the current price, but they forget the incredible achievements of bitcoin to date. In fact I think most of them have gone many times when compared to current prices. They just want to make a profit and do not want the price of bitcoin to experience a correction. However, such conditions are normal in the market.
hero member
Activity: 2688
Merit: 540
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January 16, 2022, 04:20:16 PM
#40
I wish I could travel to the past so I could change my life forever.  Smiley
You could've your wish granted but you won't be allowed to rejoin us on planet earth. How about that 😏.


A friend told me three years ago how he sold his six Bitcoin in 2014 or so. At that time I wasn't even aware of anything called Bitcoin. I looked at him like an alien and wondered why he didn't even discuss the Bitcoin stuff with me. Truth be told, I'm sure if he had told me then I wouldn't have taken it serious as I'm always hard to convince. Again, even if I had bought any Bitcoin then I'm sure I would've sold long ago. It's the same way that person who was gifted 25btc for coming last wouldn't have made anything substantial from that. They would've sold at a pitiable price and taken the profit in what would look like a giveaway in today's calculation.
You couldn't have guessed, neither could we. Regarding OP's post, it's funny that people were practically mocking Bitcoin back then, even a few years later, the last position's reward would be worth over $1.000. However, I highly doubt that these Bitcoin winners actually put them in good use, there are either lost in the blockchain forever, or sold for pennies.
Sold for pennies for sure yet that last prize is just too small compared to higher spot which is common sense and they would really be converting those coins directly and im pretty sure
that those fellas are really having regrets specially if they had remembered out that they had won something like that in the past or they would just completely play dumb that it
didnt happen for them not to stress out themselves on selling which is something that might had able to make them millionaire as of today.
hero member
Activity: 1680
Merit: 845
January 16, 2022, 04:14:03 PM
#39
I wish I could travel to the past so I could change my life forever.  Smiley
You could've your wish granted but you won't be allowed to rejoin us on planet earth. How about that 😏.


A friend told me three years ago how he sold his six Bitcoin in 2014 or so. At that time I wasn't even aware of anything called Bitcoin. I looked at him like an alien and wondered why he didn't even discuss the Bitcoin stuff with me. Truth be told, I'm sure if he had told me then I wouldn't have taken it serious as I'm always hard to convince. Again, even if I had bought any Bitcoin then I'm sure I would've sold long ago. It's the same way that person who was gifted 25btc for coming last wouldn't have made anything substantial from that. They would've sold at a pitiable price and taken the profit in what would look like a giveaway in today's calculation.
You couldn't have guessed, neither could we. Regarding OP's post, it's funny that people were practically mocking Bitcoin back then, even a few years later, the last position's reward would be worth over $1.000. However, I highly doubt that these Bitcoin winners actually put them in good use, there are either lost in the blockchain forever, or sold for pennies.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
January 16, 2022, 02:18:38 PM
#38
I wish I could travel to the past so I could change my life forever.  Smiley
You could've your wish granted but you won't be allowed to rejoin us on planet earth. How about that 😏.


A friend told me three years ago how he sold his six Bitcoin in 2014 or so. At that time I wasn't even aware of anything called Bitcoin. I looked at him like an alien and wondered why he didn't even discuss the Bitcoin stuff with me. Truth be told, I'm sure if he had told me then I wouldn't have taken it serious as I'm always hard to convince. Again, even if I had bought any Bitcoin then I'm sure I would've sold long ago. It's the same way that person who was gifted 25btc for coming last wouldn't have made anything substantial from that. They would've sold at a pitiable price and taken the profit in what would look like a giveaway in today's calculation.
staff
Activity: 3304
Merit: 4115
January 16, 2022, 02:07:46 PM
#37
This sort of post reminds me of the days of some individuals who were doing the faucets every hour and getting several bitcoins for it.
To think that was only ten years ago just goes to show how far satoshi's project has gone.
But then again those gamers probably traded them for an ingame item or worst, forgot where they put them.
Yeah, most people that were earning that amount probably didn't realise how much potential Bitcoin had. Especially, when in align with the OPs post were rewarded it, but wasn't actively pursuing it.

Its good to see these days we're seeing more, and more people understand the true worth of Bitcoin, and that's not correlated with the current price of Bitcoin at all.

I did some digging and it seems that out of the four players that were supposed to receive a consolation prize of 25BTC each [worth $41.75 at the time], one of them [Szikszai "Sziky" Miklós] didn't take it [source - not sure for the other three]!
Makes sense actually; back then if you didn't know or care about Bitcoin you probably wasn't going to create a wallet just to receive a bunch of internet money. I expect the other three if they wasn't involved in Bitcoin prior to entering the competition, they probably didn't take up the reward either.
hero member
Activity: 2268
Merit: 588
You own the pen
January 16, 2022, 02:01:13 AM
#36
No one would put the same price like that again with bitcoins but with altcoins is still possible and that would be a great innovation if they make a tournament like that again. What a wonderful experience when you thought you got a stone with no price today but turned out to be the expensive currencies you could ever have in the future. Right now the best price would be NFT items that have some legit developers and you get it for free by participating in their giveaways or promotions and you keep holding it until the price will spike in the future.
hero member
Activity: 3150
Merit: 937
January 16, 2022, 01:35:26 AM
#35
Who the hell would write Bitcoin with a big C,like BitCoin?
Is this the way people were writing the word Bitcoin back 2009-2011? Grin
I can't imagine offering Bitcoin as a prize back in 2011.The guys,who won BTC would have been pissed off by the fact that they have to create Bitcoin wallets,deal with BTC addresses and having to find a way to sell the BTC for fiat money.This is hilarious.
Is this screenshot even real?Screenshots can be faked by using inspect element.
Who the hell is keeping screenshots from Starcraft tournaments,which happened 10 years ago?
This is most likely a joke and Bitcoin was never offered as a prize in such tournaments.
hero member
Activity: 1008
Merit: 960
January 15, 2022, 11:44:56 PM
#34
Well, the value at the time was almost nothing.

What make those bitcoins valuable is taking care of them for a decade, without losing them and without selling them.

I reckon none of the 4 winners of those 25 bitcoins still have them today.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
January 15, 2022, 09:59:58 PM
#33
I don't know if something similar has already been posted on the forum, but still. I love these artifacts. This is the story of bitcoin, the story of how people felt about it at the time, 10 years ago.


Is there any chance that we can turn the time back? so we i can participate in that event and will intentionally lose the chance in getting
the 1st-4th so i can take 25 bitcoin as a "Lowest Prize"?

it sounds funny surely back those days because 10 years ago bitcoin does not even valuing that 25 bitcoin to 100 dollars and yes Insane time.

We can only wish seeing this post that If we could only turn back the time? for sure we will multiple times .
sr. member
Activity: 1274
Merit: 293
January 15, 2022, 09:54:52 PM
#32
Thanks for sharing this impressive artifact, I can't stop laughing and the motivation to rise overtakes me just as my mind is sinking right now.

This made me realize, bitcoin doesn't make instant success, success in bitcoin is the accumulation of patience over the years.
This has been circulating on the Internet for awhile and it's a pretty impressive thing because who knew that bitcoin's going to be really valuable up to a point that a small amount can change someone's life, I just hope that the people who has received this bitcoin prize still has this in their possession during the ATH of the market.
member
Activity: 364
Merit: 10
January 15, 2022, 08:47:09 PM
#31
Thanks for sharing this impressive artifact, I can't stop laughing and the motivation to rise overtakes me just as my mind is sinking right now.

This made me realize, bitcoin doesn't make instant success, success in bitcoin is the accumulation of patience over the years.
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