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Topic: 2009 (Read 402 times)

full member
Activity: 28
Merit: 7
Memory of o_e_l_e_o
November 23, 2024, 11:35:40 PM
#29
Like me, when Bitcoin was just $500, I didn’t start buying either. And even at that price, it had already gone up x180 now... See, just imagine the profit I could’ve made if I had jumped in back then. But as they say, what’s done is done. We have to move on and focus on the opportunities ahead.
Brother, when I think about it, I feel very sorry. I saw BTC at $800, if I had bought even a little, where would it have ended today? When I imagine it, I feel guilty. But there was nothing I could do, I did not invest, if I had invested, it is amazing to think where I would be today. However, I needed to understand more, so I did not invest. However, if any opportunity comes up in the future, these opportunities can always be noticed. The thought of investing in Bitcoin as a trusted coin affects me; if I invest in the future, I will invest in Bitcoin. Although I am currently making a small investment in Bitcoin, I will continue to hold this little bit, and at the same time, if the price of Bitcoin decreases after the bull market, I intend to invest a good portion in Bitcoin.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
November 23, 2024, 09:55:50 PM
#28
If someone in the u.s. bought 1000 usd worth of bitcoin on february 19, 2009, how much would that be worth today??
while Best answer was given above , yet the answer is simple if that is possible form that time  , 1000 Dollars multiplied by How much bitcoin increased in the past  15 years .


and besides  is there something this can help you by any form mate? if not then lets forget about the past but instead focus in the future and use this references to buy now or be a loser forever .
hero member
Activity: 1386
Merit: 599
November 23, 2024, 09:47:58 PM
#27
For some reason that calculator didn't work for me. But hindsight is 2020 vision! I had the chance briefly before Bitcoin was long forgotten in my memory to buy Bitcoin in NY in 2010. I was about to put $20 into it but someone stopped me and on that day the price was .12 cents per bitcoin. IF I would have bought then today I might have had 167 coins and that translates to $15,030,000 at today's exchange rate. Safe to say I effed up lmao only $20 invested would net you 15 Mil today! Think about that, that's nuts.

You got the thought of it then - you got lucky to see it grow to the heights of today, and for that matter -you are much more knowledgeable for that reason, knowing what came of it in the end.
You are still a legend for pulling through till now and seeing how BTC evolved over time to where we are now.
Still - nothing to mourn there, because in the end - it's never too late for BTC.

Thanks m8, I appreciate the complement. It’s definitely been a fun ride for me. I am extremely bullish on Bitcoin and additional alts of course too. Very fun space to be in and paying attention to.
jr. member
Activity: 87
Merit: 6
November 18, 2024, 07:56:44 AM
#26
If someone in the u.s. bought 1000 usd worth of bitcoin on february 19, 2009, how much would that be worth today??

On a quick one, bitcoin introduced into the earlier 2009 and was at $0 due to not listed on the exchange yet and moreover, there was no impressive number of adoptors to evaluate its value but then, could be owned by mining with computer system to maximize the cryptography, solving and implementing technical factors of the blockchain. The they earns it as rewards.
Op, you can just imagine newly coins that are still on mining which has not been launched in the exchanges, such coins values can not be determined at that time because it can not be traded not until it is being listed in the exchange. That was a scenario of bitcoin at earlier 2009.
hero member
Activity: 2856
Merit: 674
November 18, 2024, 06:48:35 AM
#25
Now people can see what they could get, and the FOMO is just insane from it.
We shouldn't miss what we lost - we should cherish what we experienced and get better from it, using whatever is necessary.
True, we have to appreciate what’s here now because we can’t turn back time. If only a time machine were real, the first and only thing I’d do is buy Bitcoin and memorize that private key for the future ...lol. But seriously, dwelling too much on the past won’t help; it might even keep us stuck, filled with regret for not buying sooner.

Like me, when Bitcoin was just $500, I didn’t start buying either. And even at that price, it had already gone up x180 now... See, just imagine the profit I could’ve made if I had jumped in back then. But as they say, what’s done is done. We have to move on and focus on the opportunities ahead.
?
Activity: -
Merit: -
November 18, 2024, 05:59:08 AM
#24
The problem then wasn't about affordability, anyone whether rich or poor could afford bitcoins then. Remember that the first ever transaction made with bitcoin in 2009 was where 5,050 bitcoins was sold for $5.02. This is very cheap, now imagine how much 1000btc would worth then, it might literally have no value in the minds of many.

The problem then was that people had no trust in bitcoin, they never believed that that insignificant creation by Satoshi nakamoto could grow to be what individuals, corporate bodies and even countries would be aiming to have today. Just as you have said, anyone who had that much bitcoin then would sell without thinking twice because bitcoin had an insignificant value then.

Now people can see what they could get, and the FOMO is just insane from it.
We shouldn't miss what we lost - we should cherish what we experienced and get better from it, using whatever is necessary.
sr. member
Activity: 630
Merit: 277
November 18, 2024, 04:32:02 AM
#23
Anyway, my wild guess would be over $800 billion because the lowest price record in 2010 is $0.06 per bitcoin, so since its 2009 it should be lower than that. That said,  you will beat satoshi in terms of holdings.  Smiley

just look at the price here. https://99bitcoins.com/bitcoin/historical-price/
Regardless of the value, if you have that much bitcoin back then would you have held on to it? Probably not since bitcoin was primarily used to be a transaction currency and it wouldn’t make sense back then if you held on to it for no reason.

And even if you did held on to it until it got to exchanges and was being valued already, who’s to say if you won’t sell them at the earliest opportunity? Lots of what if’s here.

Honestly, I’d probably get tempted to sell since I’m not rich. Maybe, I couldn’t even afford to buy $1,000 worth of Bitcoin back then because it was more of an experimental phase. Those "what if" scenarios are tough to answer because we’re not actually in that situation. Even super-smart people like Elon Musk didn’t buy Bitcoin during its early days, so how could we, right?
The problem then wasn't about affordability, anyone whether rich or poor could afford bitcoins then. Remember that the first ever transaction made with bitcoin in 2009 was where 5,050 bitcoins was sold for $5.02. This is very cheap, now imagine how much 1000btc would worth then, it might literally have no value in the minds of many.

The problem then was that people had no trust in bitcoin, they never believed that that insignificant creation by Satoshi nakamoto could grow to be what individuals, corporate bodies and even countries would be aiming to have today. Just as you have said, anyone who had that much bitcoin then would sell without thinking twice because bitcoin had an insignificant value then.
copper member
Activity: 126
Merit: 6
November 18, 2024, 03:16:13 AM
#22
For some reason that calculator didn't work for me. But hindsight is 2020 vision! I had the chance briefly before Bitcoin was long forgotten in my memory to buy Bitcoin in NY in 2010. I was about to put $20 into it but someone stopped me and on that day the price was .12 cents per bitcoin. IF I would have bought then today I might have had 167 coins and that translates to $15,030,000 at today's exchange rate. Safe to say I effed up lmao only $20 invested would net you 15 Mil today! Think about that, that's nuts.

You got the thought of it then - you got lucky to see it grow to the heights of today, and for that matter -you are much more knowledgeable for that reason, knowing what came of it in the end.
You are still a legend for pulling through till now and seeing how BTC evolved over time to where we are now.
Still - nothing to mourn there, because in the end - it's never too late for BTC.
hero member
Activity: 3010
Merit: 666
November 18, 2024, 03:13:51 AM
#21
Anyway, my wild guess would be over $800 billion because the lowest price record in 2010 is $0.06 per bitcoin, so since its 2009 it should be lower than that. That said,  you will beat satoshi in terms of holdings.  Smiley

just look at the price here. https://99bitcoins.com/bitcoin/historical-price/
Regardless of the value, if you have that much bitcoin back then would you have held on to it? Probably not since bitcoin was primarily used to be a transaction currency and it wouldn’t make sense back then if you held on to it for no reason.

And even if you did held on to it until it got to exchanges and was being valued already, who’s to say if you won’t sell them at the earliest opportunity? Lots of what if’s here.

Honestly, I’d probably get tempted to sell since I’m not rich. Maybe, I couldn’t even afford to buy $1,000 worth of Bitcoin back then because it was more of an experimental phase. Those "what if" scenarios are tough to answer because we’re not actually in that situation. Even super-smart people like Elon Musk didn’t buy Bitcoin during its early days, so how could we, right?
copper member
Activity: 252
Merit: 4
November 18, 2024, 03:11:26 AM
#20
Anyway, my wild guess would be over $800 billion because the lowest price record in 2010 is $0.06 per bitcoin, so since its 2009 it should be lower than that. That said,  you will beat satoshi in terms of holdings.  Smiley

just look at the price here. https://99bitcoins.com/bitcoin/historical-price/
Regardless of the value, if you have that much bitcoin back then would you have held on to it? Probably not since bitcoin was primarily used to be a transaction currency and it wouldn’t make sense back then if you held on to it for no reason.

And even if you did held on to it until it got to exchanges and was being valued already, who’s to say if you won’t sell them at the earliest opportunity? Lots of what if’s here.

Yeah, most of us would get a bit of it off when the price would be going in different directions - and that's no wonder, after all, there wouldn't be as much trust put into BTC as it is now.
full member
Activity: 2590
Merit: 228
November 18, 2024, 02:26:37 AM
#19
Anyway, my wild guess would be over $800 billion because the lowest price record in 2010 is $0.06 per bitcoin, so since its 2009 it should be lower than that. That said,  you will beat satoshi in terms of holdings.  Smiley

just look at the price here. https://99bitcoins.com/bitcoin/historical-price/
Regardless of the value, if you have that much bitcoin back then would you have held on to it? Probably not since bitcoin was primarily used to be a transaction currency and it wouldn’t make sense back then if you held on to it for no reason.

And even if you did held on to it until it got to exchanges and was being valued already, who’s to say if you won’t sell them at the earliest opportunity? Lots of what if’s here.
hero member
Activity: 3010
Merit: 666
November 18, 2024, 01:41:30 AM
#18
You love giving us math problems like your previous post.
If someone bought 1000 usd of bitcoin on January 1, 2011, would it make a huge difference buying on that date vs may 16, 2011 for the same amount? How much would that bitcoin be worth today if bought on January of 2011? 200 million usd or more? How would it make a difference?

Anyway, my wild guess would be over $800 billion because the lowest price record in 2010 is $0.06 per bitcoin, so since its 2009 it should be lower than that. That said,  you will beat satoshi in terms of holdings.  Smiley

just look at the price here. https://99bitcoins.com/bitcoin/historical-price/
hero member
Activity: 1386
Merit: 599
November 17, 2024, 11:28:50 PM
#17
If someone in the u.s. bought 1000 usd worth of bitcoin on february 19, 2009, how much would that be worth today??

Bitcoin was not tradable (on exchanges) at the time. So, there is no answer to that question. In the early days, people were just sending it to each other, mining it using their computers or using faucets to claim it.

What Price Did Bitcoin Start At?
Bitcoin was originally worth next to nothing.

The transaction that first gave Bitcoin monetary value was in October 2009, when Finnish computer science student Martti Malmi, known online as Sirius, sold 5,050 coins for around $5.02, giving each Bitcoin a value of $0.0009 each.

I believe it only became tradable on exchanges in 2011.

For 2013 or above, I found this site which you can use: https://calendar.bitbo.io/if-i-bought/

For some reason that calculator didn't work for me. But hindsight is 2020 vision! I had the chance briefly before Bitcoin was long forgotten in my memory to buy Bitcoin in NY in 2010. I was about to put $20 into it but someone stopped me and on that day the price was .12 cents per bitcoin. IF I would have bought then today I might have had 167 coins and that translates to $15,030,000 at today's exchange rate. Safe to say I effed up lmao only $20 invested would net you 15 Mil today! Think about that, that's nuts.
hero member
Activity: 1008
Merit: 960
November 17, 2024, 05:48:47 AM
#16
~snip~
Bitcoin was just an idea but now, it’s more than that as we have it now, it’s transcended being an idea to an asset of real value, breaking into our world by a sat at a time and having more and more value.

The thing is that one Bitcoin is exactly the same as it is today as it was in Genesis. That's the beauty of it.

All the parameters that Satoshi decided for Genesis are set in stone so to speak.

The only things that have changed are added security, performance, etc. The protocol itself is pretty much the same as it was since Genesis.
legendary
Activity: 1554
Merit: 1139
November 15, 2024, 06:13:44 PM
#15
So bitcoin wasnt worth shit on february 19, 2009?
yes, bitcoin wasn't worth shit on February 19, 2009. but if you did a quick search on Google using "how much was bitcoin in 2009" keywords you'll find an article mentioning that on October 2009 Sirius sold 5,050 bitcoins for $5.02 which means bitcoin was worth $0.0009 each at the time.

here's the article if you are curious https://www.forbes.com/advisor/in/investing/cryptocurrency/bitcoin-price-history-chart/
It was the genesis of Bitcoin with zero value, zero interest and zero popularity which means, no one knew a thing about it and as such, why would you want to go investing up to $1k in an asset that isn’t worth $0.001, it wouldn’t make sense and that’s why a lot of persons at the time just didn’t. That’s a lot of money to throw in an idea that you can’t yet establish to go beyond its online accreditation.
Bitcoin was just an idea but now, it’s more than that as we have it now, it’s transcended being an idea to an asset of real value, breaking into our world by a sat at a time and having more and more value.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
October 09, 2024, 10:14:43 PM
#14
So bitcoin wasnt worth shit on february 19, 2009?

It wasn’t worth much at all until 2011 and that was a quick bubble to around $32. It wasn’t until 2013 when it started really becoming valuable, peaking at over a thousand dollars each that year. Before then I think pretty much everyone was half expecting it to become worthless. By the end of 2013 it was clear it had the support to be big…
?
Activity: -
Merit: -
October 09, 2024, 09:34:40 PM
#13
At that time, Bitcoin was only a concept; it wasn't tradable on any exchange. It could only be traded person-to-person (P2P), and the price was agreed upon by both parties.
sr. member
Activity: 1666
Merit: 426
October 09, 2024, 09:24:48 PM
#12
In addition to what @OmegaStarScream have just said, I am pretty sure that we will probably remember it and people would still be talking about that purchase to this day because if there ever was a purchase at that date, people would know about it and it's guaranteed to be a milestone in the history of bitcoin, there's no other way around it.
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
October 09, 2024, 08:48:15 PM
#11
So bitcoin wasnt worth shit on february 19, 2009?

Have you read the link I provided above? It should explain how much worth the BTC is.
Like I said, no value. That's why SmokeTooMuch put it on auction, which turns the BTC price worth $50 for 10k BTC but no buyers they found.

If you can't go to the link I provided check this image below

legendary
Activity: 2520
Merit: 1113
October 09, 2024, 06:54:00 PM
#10
So bitcoin wasnt worth shit on february 19, 2009?
yes, bitcoin wasn't worth shit on February 19, 2009. but if you did a quick search on Google using "how much was bitcoin in 2009" keywords you'll find an article mentioning that on October 2009 Sirius sold 5,050 bitcoins for $5.02 which means bitcoin was worth $0.0009 each at the time.

here's the article if you are curious https://www.forbes.com/advisor/in/investing/cryptocurrency/bitcoin-price-history-chart/
newbie
Activity: 20
Merit: 0
October 09, 2024, 06:43:10 PM
#9
So bitcoin wasnt worth shit on february 19, 2009?
hero member
Activity: 1022
Merit: 667
Top Crypto Casino
October 09, 2024, 05:29:29 PM
#8
The only thing that could have earn you bitcoin at that time was your engagement in either mining bitcoin in a very easy and newbie friendly ways using your personal computer, just like what we are seeing in the shitcoins market where some users can mint those coin just by using they telegram accounts, to get free coins, so same was the condition of bitcoin as at Feb 2009 but gradually bitcoin becomes more popular and attractive with attached value and since when bitcoin became tradeble on Cex exchange it value have grown significantly.

copper member
Activity: 18
Merit: 0
October 09, 2024, 05:25:45 PM
#7
If someone in the u.s. bought 1000 usd worth of bitcoin on february 19, 2009, how much would that be worth today??
stop asking bitcoin price here ,you can find it out in any chart history
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
October 09, 2024, 04:48:04 PM
#6
This topic is pretty interesting without idea of how much BTC worth at that time if you read the Bitcoin history under value history basically Bitcoin around that year has no value and SmokeTooMuch auctioned it 10,000 BTC for $50. So if you BTC from SmokeTooMuch for $1000 then you might have around 200,000 BTC which is worth $12,144,000,000.00 with the current price today.

If I were you better read The History Of Bitcoin scroll down to prices and value history.
sr. member
Activity: 798
Merit: 436
October 09, 2024, 03:15:50 PM
#5
If someone in the u.s. bought 1000 usd worth of bitcoin on february 19, 2009, how much would that be worth today??

Had it been people knew that bitcoin would turned to what it is now, they would have rush on it ever since and many rich men could have also invested and hodl to this time, but it became a surprise all of a sudden that the more the people were getting informed about bitcoin the more broader it network and value becomes, but as at then in early days of it development, bitcoin has no real time value whereby one can buy or sell because its free in the first place.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
October 09, 2024, 02:48:12 PM
#4
I believe it only became tradable on exchanges in 2011.

For 2013 or above, I found this site which you can use: https://calendar.bitbo.io/if-i-bought/

Before Mt.Gox there's actually one by NewLibertyStandard.

Exchange Rate

We Sell 1,578.76 Bitcoins for $1.00 USD Plus PayPal Transaction Fee.
We Buy1,578.78 Bitcoins for $1.00 USD Minus PayPal Transaction Fee.
$100.00 USD Available
15,100.00 Bitcoins Available
PayPal Transaction Fee Calculator
12/28/2009

As per this one can buy or sell his/her bitcoin at $0.0006334(approx) on Dec 2009 but at that time people rarely bought bitcoin for real, it was just forum users just transacting bitcoin to show or learn how the bitcoin network operates to the bitcointalk community members.

copper member
Activity: 182
Merit: 6
October 09, 2024, 01:57:59 PM
#3
If someone in the u.s. bought 1000 usd worth of bitcoin on february 19, 2009, how much would that be worth today??

Bitcoin was not tradable (on exchanges) at the time. So, there is no answer to that question. People were sending it to each other, or claiming using faucets, and also mining using their own computers.

What Price Did Bitcoin Start At?
Bitcoin was originally worth next to nothing.

The transaction that first gave Bitcoin monetary value was in October 2009, when Finnish computer science student Martti Malmi, known online as Sirius, sold 5,050 coins for around $5.02, giving each Bitcoin a value of $0.0009 each.

For 2013 or above, I found this site which you can use: https://calendar.bitbo.io/if-i-bought/

That was a glorious day for the space as a whole.
Thanks for the time you invested in the analysis of it!
staff
Activity: 3500
Merit: 6152
October 09, 2024, 01:53:00 PM
#2
If someone in the u.s. bought 1000 usd worth of bitcoin on february 19, 2009, how much would that be worth today??

Bitcoin was not tradable (on exchanges) at the time. So, there is no answer to that question. In the early days, people were just sending it to each other, mining it using their computers or using faucets to claim it.

What Price Did Bitcoin Start At?
Bitcoin was originally worth next to nothing.

The transaction that first gave Bitcoin monetary value was in October 2009, when Finnish computer science student Martti Malmi, known online as Sirius, sold 5,050 coins for around $5.02, giving each Bitcoin a value of $0.0009 each.

I believe it only became tradable on exchanges in 2011.

For 2013 or above, I found this site which you can use: https://calendar.bitbo.io/if-i-bought/
newbie
Activity: 20
Merit: 0
October 09, 2024, 01:48:12 PM
#1
If someone in the u.s. bought 1000 usd worth of bitcoin on february 19, 2009, how much would that be worth today??
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