To avoid missing out on said 10-15 years, get going and accumulate more Bitcoin.
Be a happy hodler and forget about the rest.
Topic: 15 years ago, attempts to sell $50 worth of Bitcoin which unthinkable now. - page 3. (Read 376 times)
January 28, 2025, 03:31:35 AM
January 28, 2025, 03:18:05 AM
There's no need to be poking around the past. It's funny to see how much Bitcoin you could purchase with just a few dollars, something completely unimaginable nowadays. No one back in 2010 could have predicted what would happen after 15 years, while Bitcoin was easily acquired back in the day. It's extremely possible that the OP of the auction mined another few thousand Bitcoin the moment he sold them for $20. This is quite similar to the pizza story that keeps popping up every now and then; I'm pretty sure that there are numerous similar stories back from 2010.
January 28, 2025, 02:40:37 AM
Everyone in the world was sleeping on Bitcoin...no idea of its existence while a few on the internet were bidding a few bucks for what is now billion of dollars. I don't think anything like this has ever happened so fast in history, and has happened in a way where virtually anyone in the world could have been a part of the opportunity. I'm sure a lot of the OG's who didn't stockpile are gut-wrenched, I don't blame them, and a small part of me feels the same.
January 28, 2025, 02:15:36 AM
Those who had more than enough Bitcoin in the early days might not regret whatever reason why they sold some part of their bitcoin. I believe they didn't sell all of it, but will have some in their reserve. Many of them will be proud by now for getting into bitcoin very early. Bitcoin was worthless then, and nobody can look into the future to know what will happen in 15 years time.
January 28, 2025, 01:29:31 AM
Such things is part of Bitcoin history, but I'm not really sure thatwe should exaggerate these things. Like I someone in another thread said that almost everyone who been into Bitcoin have their Bitcoin Pizza story. Yeah, not such big scale story, but still.
certainly, we cannot predict the future and even if some of us held above a thousand bitcoin 10 years ago, just a fraction of us will still keep it till the present because it is practicable impossible to imagine that in ten years time, bitcoin would have attained a staggering $100k value and surpassed that as it stands. these sort of stories like we have read it multiple of times in different narrative gives an insight into the potential of bitcoin both in the past and what it can possibly get to in the future. even if we might not see same thing that happened in the past reflecting yet again in the future, or the next ten years, can we assume that it is not possible? it might be very possible. this is the reason why it is very necessary that we set out a portion of our portfolio for long term use. it might not make much sense at the present but definitely in the future, it will make a lot of sense. January 28, 2025, 01:14:43 AM
In fifteen years ago, we may underestimate Bitcoin or don't know what Bitcoin is. Only some people willing to buy many Bitcoin with a small money and hold it. But now, they are making a lot of money because Bitcoin price increase so high. We can get bigger profit even if we only sell 1 Bitcoin only. But we don't have regret or sad because we still have a chance to buy Bitcoin.
We need to use this time to buy Bitcoin and hold it for long term. Those who already have many Bitcoins really make a big profit now.
We need to use this time to buy Bitcoin and hold it for long term. Those who already have many Bitcoins really make a big profit now.
January 28, 2025, 01:09:29 AM
This is an evidence that bitcoin is for long term holding. You can imagine if the op of that thread decided not to sell his bitcoins and hold them til date, he would probably be one of the most happiest bitcoin enthusiast and of course a whale in the market. Comparing that auction price with the current bitcoin price, no way! Bitcoin is indeed an alien tech 
who could imagine something of very little value would become this great. Well all thanks to satoshi nakamoto and his team who made this posible for us to experience such an innovative technology and also have the opportunity to use it irrespective of the price worth of the coin.
who could imagine something of very little value would become this great. Well all thanks to satoshi nakamoto and his team who made this posible for us to experience such an innovative technology and also have the opportunity to use it irrespective of the price worth of the coin. 
January 28, 2025, 12:44:33 AM
Easy to say not to regret it because it's not you but if SmoketooMuch hasn't bought back at least of them before the price went $100 each he be regretting like the guy who lost his harddrive in the landfill.
$50 for that much BTC is really this crazy this time. You can imagine how much wealth by the SmoketooMuch by now. But I believe he does have a lot more.
January 28, 2025, 12:28:48 AM
It's wild to think about the hesitation over $50 when today we're talking billions. It's a reminder that sometimes bold moves even on something unconventional can pay off. But of course hindsight is always crystal clear
January 28, 2025, 12:07:19 AM
These guys just lost a life changing opportunity, because if literally they had known what the value of Bitcoin will turn up to in just mere 15year interval, I'm sure they wouldn't have been arguing with the O.P of that thread who offered to auction 10,000 Bitcoin for a minimum price starting with $50. Because whoever may have bought this Bitcoin and was patient enyro have held this 15years, could probably have made a profit of over hundred million percent of $50. And I'm still very surprised how such incident took place and it was never popular just like the Bitcoin Pizza story.
January 27, 2025, 11:43:11 PM
This should remind us how rich we can become if we don't sell bitcoin for a long time. Can anyone imagine what 0.1 bitcoin could be worth in 15 years? Obviously the return in the future will be lower than in the past, but calculating a 40% return (not unreasonable) and without accumulating even one more satoshi in that time we would end up with more than $1.5M in purchasing power.
January 27, 2025, 11:28:28 PM
No one will never know how things will be for Bitcoin at those early days of it. Someone is taking a gamble with $20 or $50 just to buy those Bitcoins. I hate to admit it but that amount long time before was good to keep for some groceries stock for a week or two and those were the precious days where inflation wasn't that much anymore and that's why no bid was made. Anyway, a part of these old sales that we've seen is great to reminisce because of how far Bitcoin have gone today and that's not over, it's going further for the upcoming years to come.
January 27, 2025, 08:26:39 PM
Such things is part of Bitcoin history, but I'm not really sure thatwe should exaggerate these things. Like I someone in another thread said that almost everyone who been into Bitcoin have their Bitcoin Pizza story. Yeah, not such big scale story, but still.
Let's say I sold 1 BTC for $300 10 or 9 years ago. Should I regret now? No, that was market price back then and the rest is "what if" questions. I'm not even talking about good that I bought using Bitcoin. If we look at Bitcoin value now, that's huge money, but back then I spent normal money.
Let's say I sold 1 BTC for $300 10 or 9 years ago. Should I regret now? No, that was market price back then and the rest is "what if" questions. I'm not even talking about good that I bought using Bitcoin. If we look at Bitcoin value now, that's huge money, but back then I spent normal money.
Agreed.
This is what happens when money appreciates rather than depreciates.
Those who have been with Bitcoin for many years already must have cashed out at some point. Perhaps they needed money to buy a car or a new computer, to renovate a house, to take a vacation, and so on. So the history of Bitcoin must have abundant stories like this.
I myself cashed out many times when the price of Bitcoin was below $5,000, even lower. I bought shirts, pants, sneakers, and the like using proceeds from Bitcoin. In hindsight, those decisions seem wrong because the money used would have already grown at least x20 by now and more in the future. But that's what money is all about. It's for spending.
January 27, 2025, 07:07:20 PM
January 27, 2025, 06:59:50 PM
This is something that we would see again but at a different price. In some twenty years to come , someone else will put up a topic like this and talk about how Bitcoin was at $100k and people where buying. Meanwhile at that time of creating the topic Bitcoin could even be at 1million dollars.
Those coming in the future will say how lucky we were to buy Bitcoin at $100k and they'll wish they were in our time to do it. It will happen and some of us will be here to witness it and make our own comments on it.
Those coming in the future will say how lucky we were to buy Bitcoin at $100k and they'll wish they were in our time to do it. It will happen and some of us will be here to witness it and make our own comments on it.
January 27, 2025, 06:57:03 PM
Quote
Fifteen years ago, someone tried to sell their 10,000 bitcoin for $50. There were no exchanges built yet, so they posted an auction. But the highest bidder only offered $25 and the auction was cancelled.
Today, the bitcoin would be worth $1,000,000,000
Today, the bitcoin would be worth $1,000,000,000
I found the post on Twitter. Seeing the post made me think, what was Bitcoin like 15 years ago and what is it like now. Maybe in this way, after 15 years, we will be even more surprised to see the position of Bitcoin.
This is just another part of history and people should not regret for doing it since somehow we cannot control nor foresee what's going to happen in future.
We just need to be happy what happen on the past since we see that there's great improvement happened on Bitcoin. Although people might say that this is waste of opportunity to earn big money but they should think that what's important for that situation is that people is happy that they fulfill their wants and needs at that time when they do that transaction. For now this is another chapter and we or those people could try to earn with Bitcoin again.
January 27, 2025, 05:44:18 PM
No one knows what actually will happen to bitcoin at that time, but as you can see, there are people who are interested in bitcoin; however, those who offer want to buy it for much cheaper $20 and $25. Imagine if you are one of those people who bid on that thread and got 10k BTC. I'm sure you are going to sell a portion or the whole $10k BTC at around $1.1k+ after the first block halving year 2013 because if you sold it at that time you already a millionaire, and the remaining amount is to hold your future, and the sold BTC at that is your money for living.
Imagine you sold it all at $1.1k; it's around $11m. You can start using those amounts for business and buying other assets like gold. If I am one of them, I'm sure I already live without financial issues.
The only problem is we're not them and we can't even have a single BTC, that's the fact if we can go back at that time or if there's a time machine, we can go back at that time. I'm sure you are going to buy almost one bit of BTC.
Imagine you sold it all at $1.1k; it's around $11m. You can start using those amounts for business and buying other assets like gold. If I am one of them, I'm sure I already live without financial issues.
The only problem is we're not them and we can't even have a single BTC, that's the fact if we can go back at that time or if there's a time machine, we can go back at that time. I'm sure you are going to buy almost one bit of BTC.
January 27, 2025, 03:46:44 PM
This is crazy! How bitcoin was undervalued at the initial beginning and people were just joking with their destiny with their own hands. I have read so many Bitcoin stories of how people threw away their Bitcoin at giveaway prices. I began to wonder if people think and see the future to try to have self-control over how they use their hands to destroy their future.
Currently, that amount of bitcoin is worth more than billions of dollars to say and whomever holds such now is made for life.
I strongly believe he did not sell that bitcoin since he canceled the auction and from the looks, he was last active on August 04, 2024, at 12:03:31 PM
He is a made billionaire I do not doubt it.
SmokeTooMuch
10,000 Bitcoin Auction
Currently, that amount of bitcoin is worth more than billions of dollars to say and whomever holds such now is made for life.
I strongly believe he did not sell that bitcoin since he canceled the auction and from the looks, he was last active on August 04, 2024, at 12:03:31 PM
He is a made billionaire I do not doubt it.
SmokeTooMuch
10,000 Bitcoin Auction
January 27, 2025, 03:41:00 PM
Such things is part of Bitcoin history, but I'm not really sure thatwe should exaggerate these things. Like I someone in another thread said that almost everyone who been into Bitcoin have their Bitcoin Pizza story. Yeah, not such big scale story, but still.
Let's say I sold 1 BTC for $300 10 or 9 years ago. Should I regret now? No, that was market price back then and the rest is "what if" questions. I'm not even talking about good that I bought using Bitcoin. If we look at Bitcoin value now, that's huge money, but back then I spent normal money.
Let's say I sold 1 BTC for $300 10 or 9 years ago. Should I regret now? No, that was market price back then and the rest is "what if" questions. I'm not even talking about good that I bought using Bitcoin. If we look at Bitcoin value now, that's huge money, but back then I spent normal money.
January 27, 2025, 03:15:56 PM
It's really amazing how fast the world can change.. Most people now prefer holding BTC ... Imaging bidding $25 for 10,000 btc
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