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Topic: Bitcoin 13 years ago... (Read 1136 times)

member
Activity: 467
Merit: 61
November 01, 2022, 06:22:40 PM
I found the below image online, this was exactly 13 years ago when the price of bitcoin was still as good as zero, it is seen on the table that exactly today, being the 6th of October, 2009(13 years ago), with $1, one could purchase BTC1,130.53...
I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed.
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?


EDIT: I found this article too really interesting to read - https://www.cryptodefinance.com/1300btc-worth-1dollar-new-liberty-standard/

What I felt after seeing this chart, is that we have to invest here now so that maybe we don't have this regret after 13 years. The past is over now we have to think about the future. We need to invest more in Bitcoin today, to get more profit in future.

I think so too, it's better to think about future steps than to think too much about the past, so the point is now it's not too late to buy bitcoin. because I think the price of bitcoin in the future will be very high.
member
Activity: 168
Merit: 65
November 01, 2022, 12:12:59 PM
I found the below image online, this was exactly 13 years ago when the price of bitcoin was still as good as zero, it is seen on the table that exactly today, being the 6th of October, 2009(13 years ago), with $1, one could purchase BTC1,130.53...
I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed.
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?


EDIT: I found this article too really interesting to read - https://www.cryptodefinance.com/1300btc-worth-1dollar-new-liberty-standard/

What I felt after seeing this chart, is that we have to invest here now so that maybe we don't have this regret after 13 years. The past is over now we have to think about the future. We need to invest more in Bitcoin today, to get more profit in future.
full member
Activity: 1512
Merit: 115
November 01, 2022, 11:06:30 AM
I even firmly believe that if I had $100 in 2009 and invested it in bitcoin, I would sell it all at $10 or $20 then. No matter how much it makes sense for us to reminisce about something we didn't have in the past, it's going to be ridiculous and it's bound to make us fantasize.

Now I'm just going to think about something I might be able to achieve in the future, think the same thing and have faith about it. I don't know how much money I can afford to invest in bitcoin, but I really want to do whatever I can afford right now. Right now I don't want to fantasize about a past we didn't have, but I do hope that my fantasies about the future can come true.

Right. What we don't want is to keep leaving in the "WHAT IF" life. What if I had invested back in 2009 with only $100, I would have been this rich. I also know I wouldn't have been able to hodl till now but as you said, we can change what the future will be in terms of Bitcoin investing just by taking the right steps now by doing DCA before the next ATH no matter how long that takes.
sr. member
Activity: 1680
Merit: 278
November 01, 2022, 06:52:39 PM
#97
I found the below image online, this was exactly 13 years ago when the price of bitcoin was still as good as zero, it is seen on the table that exactly today, being the 6th of October, 2009(13 years ago), with $1, one could purchase BTC1,130.53...
I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed.
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?


EDIT: I found this article too really interesting to read - https://www.cryptodefinance.com/1300btc-worth-1dollar-new-liberty-standard/
Taking a look at this again, it reminds me of time and how important it always be. Time and opportunity works together and those who knows the value of time will never miss an opportunity like this. I know some persons will still be very angry at themselves because they do not take opportunity like this very seriously.
This kind of opportunity will always come to us but we that knows and understand the market will grab it and never allow it to slide away. We having in another era of buying Bitcoin at lower price.
hero member
Activity: 1008
Merit: 960
November 01, 2022, 06:48:49 PM
#96
Regret seems to be a common theme in Bitcoin.

Even the recipient of the first Bitcoin transaction, Hal Finney, regretted that he stopped CPU mining because the fan was too loud.

After a few days, bitcoin was running pretty stably, so I left it running. Those were the days when difficulty was 1, and you could find blocks with a CPU, not even a GPU. I mined several blocks over the next days. But I turned it off because it made my computer run hot, and the fan noise bothered me. In retrospect, I wish I had kept it up longer, but on the other hand I was extraordinarily lucky to be there at the beginning. It's one of those glass half full half empty things.

Every block he mined at that time with a CPU gave him 50 BTC, which is worth today about 1 million dollars.[1]

It's crazy to think that every time one of those early miners mined a block, which was very frequently, they would get paid an amount that is worth 1 million dollars in 2022. Of course it was worth nothing in 2009, and you couldn't really do much with it other than just move it around. It took months until laszlo managed to buy two pizzas for 10k BTC.

Bitcoin somehow managed to exist. It was really an almost impossible thing, but it managed to do it. Now it's here to stay. Unstoppable.

In terms of price growth, Bitcoin is still very young. For example, today its entire market cap is about US$400 Billion[1], whereas last year alone the IMF printed US$650 Billion out of thin air[2].

The future is still there waiting for you, so don't regret it. Take action today.

[1]: https://www.coingecko.com/en/coins/bitcoin
[2]: https://www.imf.org/en/News/Articles/2021/07/30/pr21235-imf-governors-approve-a-historic-us-650-billion-sdr-allocation-of-special-drawing-rights
full member
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Eloncoin.org - Mars, here we come!
October 26, 2022, 05:09:49 AM
#95
almost 1200 bitcoin for a Single dollar lol. if we can only bring back the moment as I am already a sales representative that time ? i can invest even a thousand dollars for bitcoin but the problem is that, would I trust this currency back then?
It seems unbelievable but in the position Bitcoin was in 13 years ago no one believed that Bitcoin would take this form. Bitcoin has gained the most popularity in the digital world since its past position. After 13 years the price of Bitcoin has increased so much, then definitely after 13 years in the future the position of Bitcoin will go to a higher level.

wrong, there are people that we called Early Adopters that trust bitcoin and earn even a million dollars because of their trust.
hero member
Activity: 1960
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Leading Crypto Sports Betting & Casino Platform
October 26, 2022, 03:32:16 AM
#94

Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?


We might regret knowing the bitcoin price today but if given the chance to go back in time and we don't know the future today, would we buy bitcoin? Many people also said that they had exposure to bitcoin in 2010 or 2012 but they barely cared about it and it wasn't until it increased hundreds of times that they went back to learning how to invest in bitcoin. I don't believe that you or I wouldn't be brave enough, if we went back to that time to buy bitcoin, we would like everyone else, be skeptical, afraid and distrustful of bitcoin. Bitcoin is now safer to buy and it's never too late to buy bitcoin now.
full member
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October 26, 2022, 03:01:54 AM
#93
If we want to look back like the op said about bitcoin, obviously something that seems impossible can happen at this time, but this is the reality that exists today. Of course if I experienced it at that time, I probably wouldn't be able to do anything but regret why I didn't keep it until now. Is it possible that those who experienced that time would realize that bitcoin would be as valuable as it is today? obviously I believe no one will think of it at the time.
if I also experience that time it will be the same as the others, will not realize that bitcoin is very valuable and can increase sharply. Unfortunately, I'm new to 2017 where the price is already good and many people are helped by the price at that time, because many people are aware and want to hold on to it.
member
Activity: 316
Merit: 43
October 22, 2022, 12:31:01 AM
#92
almost everyone of us has this same frustration and wishing to have Time machine so we could go back to that time and take all bitcoin we can accumulate .

but we must admit that we cannot bring back the time so accept it or not? we are to embrace the day and purchase every bitcoin we can ,  time is passing and price is increasing , what can we do that 2009 has?
that is to support bitcoin till the end.

Of course we can never use a time machine. So it is better to forget about our past. Because those who will know about Bitcoin 9 years from now will also want to use time machine to buy Bitcoin in 2022 like us, which is impossible. So we are past 2031 Bitcoin users. And if we can buy Bitcoin now and hold it until 2031 then we don't have to worry about going back to 2013.
legendary
Activity: 1596
Merit: 1027
October 20, 2022, 12:36:00 PM
#91
I only knew about bitcoin in late 2013. Back then the price was around $37 and I thouht it was expensive. Once I knew what bitcoin was I started to mine LTC and swaping it for BTC. I also started to find jobs online and demand payment in bitcoin. I was all about bitcoin so I have used it since 2013 as a means of value. My bad, because if I knew what I now know, I wouldn't have spent it that way and today I would be a rich man. At least I did my part and helped cryptos become mainstream....
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
October 20, 2022, 12:12:52 PM
#90
It is unimaginable to think about the future of crypto-currencies. Because no one knew at the time that Bitcoin would be where it is today. There is no point in regretting it at this time. Bitcoin is a coil that has gone from a very low level to a high level. Many people regret why I didn't invest in Bitcoin. Such regrets only tug at emotions. To regret these things is to labor without interest.

I do question myself sometimes what if in 10 years time bitcoin at this current price would be the same we imagine how it was in 2010 and 2011 when it was still worthless, it made me fear spending the little I have in my wallet, the best we can do is to hold at least to 7 decimals of satoshi even if I can't hold a single bitcoin, that wouldn't hurt my emotion regardless of whatever comes after the years.
I wish I had it coming but we can't really blame ourselves for being late to bitcoin, some African countries that didn't quickly have access to the internet at an early stage were still in the dark even when people were struggling for decentralization in the western world. Nigeria had access to mobile phones in 2001, you had to go to a cafe to use the internet then, not every have the capacity to afford a desktop and laptop then to talk more being exposed to the internet and bitcoin, unlike today when kids all have androids they are all playing around with. Technology limitations affected our early adoption.  Sad
hero member
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Defend Bitcoin and its PoW: bitcoincleanup.com
October 20, 2022, 05:37:43 AM
#89
This makes me feel old and as everyone else, makes me feel like I should have bought some back then. But again, even the people that have acquired Bitcoin back then certainly don't hold them still, they probably used an earlier pump to make a profit. It's a nice thought to make millions like that, but you can't predict that far away. Who knows what will be the price of Bitcoin in another 13 years, so I wouldn't really think back rather than think about the future.
member
Activity: 112
Merit: 121
October 19, 2022, 01:34:53 PM
#88
It seems unbelievable but in the position Bitcoin was in 13 years ago no one believed that Bitcoin would take this form. Bitcoin has gained the most popularity in the digital world since its past position. After 13 years the price of Bitcoin has increased so much, then definitely after 13 years in the future the position of Bitcoin will go to a higher level.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
October 19, 2022, 11:58:43 AM
#87
It's really regret for those who learned about Bitcoin in 2009 but didn't hold it. At that time many had enough money but didn't collect Bitcoin because they couldn't trust it. Today they feel that their golden period has passed. Now those people only regret. Time once gone never comes back. So we should give importance to the present and get better in the future.
Instead of losing hope about making that kind of profit again, and being hopeless and being sad at all times, just realize that bitcoin could still make you some profits and invest anyway? I mean just because you forgot to invest 13 years ago, or didn't invest 13 years ago, doesn't mean that you shouldn't invest right now neither.

If you invest right now and make 5x return instead of 50x return, that’s still good, it’s better than any stock that could profit you, or any other investment. That is why I am still in full support of bitcoin and everyone should be as well. Do not consider yourself as missed an opportunity, consider yourself as you have a chance in the future.
hero member
Activity: 3052
Merit: 685
October 19, 2022, 11:47:44 AM
#86

Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?

I know right. Lol!
I feel like not having my first Btc in 2009 is the biggest financial failure in my whole life lol. I mean I can reconsider my self and understand that I was just a college student during that year. But unfortunately, I've heard Bitcoin before and did give the slightest attention to check out about cryptocurrency 2016.
What a crazy journey Bitcoin have it. No wonder why some of the early adopters specifically in 2009 or 2010 have forgot their wallet, some are even junked their hardware wallet thinking Bitcoin could never be this massive.

It's really regret for those who learned about Bitcoin in 2009 but didn't hold it. At that time many had enough money but didn't collect Bitcoin because they couldn't trust it. Today they feel that their golden period has passed. Now those people only regret. Time once gone never comes back. So we should give importance to the present and get better in the future.

I can only imagine that it will be so hard to accept knowing that you already came across bitcoin in the year 2009 but didn't bother to check it out or know about it more, they could've been a Millionaire status if they had put some trust and risk back then. But reality is that regret always comes at last, you wouldn't know what you've wasted until the day of that regret. Even me, I already heard about it way back 2014 but only joined 3 years after because I already saw that there's really interesting on it and I witnessed somebody's life getting more comfortable.
But we can't make the time go backwards to correct those mistakes, what we can do now is to take advantage of the current market and hodl, before we get the same mistakes we did again.
full member
Activity: 2520
Merit: 204
October 18, 2022, 10:24:20 PM
#85
almost everyone of us has this same frustration and wishing to have Time machine so we could go back to that time and take all bitcoin we can accumulate .

but we must admit that we cannot bring back the time so accept it or not? we are to embrace the day and purchase every bitcoin we can ,  time is passing and price is increasing , what can we do that 2009 has?
that is to support bitcoin till the end.
full member
Activity: 140
Merit: 135
October 18, 2022, 08:27:16 PM
#84
It is unimaginable to think about the future of crypto-currencies. Because no one knew at the time that Bitcoin would be where it is today. There is no point in regretting it at this time. Bitcoin is a coil that has gone from a very low level to a high level. Many people regret why I didn't invest in Bitcoin. Such regrets only tug at emotions. To regret these things is to labor without interest.
hero member
Activity: 2730
Merit: 632
October 18, 2022, 06:51:18 PM
#83
Even if you did buy BTC then, most people would have sold at $1 and $10 and $100, etc...

Very doubtful, that anyone would hold that amount for 10+ years until now.
Theirs some people who maintain a personal decision and we don't need doubt them, some theirs is money i will have today i will be glad of having or keeping my Bitcoin for ten or twenty (10-20) years, so therefore i believe that have another shape of taking when it's counting years, because the technology of cryptocurrency and especially bitcoin is very authentic, so therefore Bitcoin is good to be hold, because when we experience bullish those people who purchase now will at advantages.
For those who had missed out then it is understandable that they had missed out or sold early because they had already make that assured profit in short time.
No one had already that expected that we would really be going this high  and if ever they able to held for long then they would really be considered as millionaires.
Even if i had known bitcoin on that time, i cant be sure if i would be holding for that long or a decade time because its impossible to resist that if you had bought bitcoin
$1 and it increases its price to $100 then its impossible that you wont really be making a sell.
hero member
Activity: 1498
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October 18, 2022, 06:35:05 PM
#82
Even if you did buy BTC then, most people would have sold at $1 and $10 and $100, etc...

Very doubtful, that anyone would hold that amount for 10+ years until now.
Theirs some people who maintain a personal decision and we don't need doubt them, some theirs is money i will have today i will be glad of having or keeping my Bitcoin for ten or twenty (10-20) years, so therefore i believe that have another shape of taking when it's counting years, because the technology of cryptocurrency and especially bitcoin is very authentic, so therefore Bitcoin is good to be hold, because when we experience bullish those people who purchase now will at advantages.
hero member
Activity: 826
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Leading Crypto Sports Betting & Casino Platform
October 18, 2022, 02:14:56 AM
#81

Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?

I know right. Lol!
I feel like not having my first Btc in 2009 is the biggest financial failure in my whole life lol. I mean I can reconsider my self and understand that I was just a college student during that year. But unfortunately, I've heard Bitcoin before and did give the slightest attention to check out about cryptocurrency 2016.
What a crazy journey Bitcoin have it. No wonder why some of the early adopters specifically in 2009 or 2010 have forgot their wallet, some are even junked their hardware wallet thinking Bitcoin could never be this massive.

It's really regret for those who learned about Bitcoin in 2009 but didn't hold it. At that time many had enough money but didn't collect Bitcoin because they couldn't trust it. Today they feel that their golden period has passed. Now those people only regret. Time once gone never comes back. So we should give importance to the present and get better in the future.
I'm one of the people that regret not buying Bitcoin at lower levels around 2014, but not in 2009. No one should blame themselves for not dealing with Bitcoin in the first 2 years, after all the coin was nothing to appreciate by then. But after some years while it has been gaining recognition, I believe the risk is worth it. It is those that knew it between 2012-2014 and have the money to buy some of the coins but did not that will regret it the most.

I have dusted this off myself as life goes on. It is never too late if you are a good daily and long-term speculator. I make my regular money through BTC now.
hero member
Activity: 700
Merit: 577
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October 18, 2022, 01:40:52 AM
#80
wow!!! this image is overwhelm me as well. But I know that at that when bitcoin newly to the space, most people were afraid to use it because they believed that another scamming of fraud method has come again so people neglected it but when they see potential in it in the later years, most people go into it, and those who go into it at the middle years of 2014 + are also doing well now with BTC. Like that of 10/06/2009 Bitcoin is like a wasted btc as for now. If someone has this 1,130.53 Bitcoin now, that person has turn to millionaire by now. All the same, according to a saying, ignorant is a disease but some people said it is not a disease. I know that people have this amount of btc but I am trying to compare it as for then.
legendary
Activity: 2436
Merit: 1362
October 18, 2022, 01:21:43 AM
#79
I remember a guy that uploads a video on Youtube before who is already considered as Bitcoin billionaire now. He is telling them to buy Bitcoin even just an extra 1 dollar from their wallet.
So for sure, if we will go back to that time too, some of us will have some confusion too, because we still don't know what will the future of Bitcoin. I'm just glad to the people who believed with Bitcoin since the beginning.

Without reading any further through the thread this is what I also think, Kudos to those who
got involved early on and especially to those who continued right up to today from
those early days. These are the same people who registered early on the forum.

How does the OP's post make me feel?

I don't really feel anything specifically other than I wonder about all those people who got
into Bitcoin early on and were in their time thinking and worrying when the price would
rise and fall within that $1 space. It's amazing how far it has come.
hero member
Activity: 2716
Merit: 552
October 17, 2022, 11:14:29 PM
#78

Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?

I know right. Lol!
I feel like not having my first Btc in 2009 is the biggest financial failure in my whole life lol. I mean I can reconsider my self and understand that I was just a college student during that year. But unfortunately, I've heard Bitcoin before and did give the slightest attention to check out about cryptocurrency 2016.
What a crazy journey Bitcoin have it. No wonder why some of the early adopters specifically in 2009 or 2010 have forgot their wallet, some are even junked their hardware wallet thinking Bitcoin could never be this massive.
sr. member
Activity: 1316
Merit: 422
October 17, 2022, 11:02:54 PM
#77
Snip.

I was still in the dark. Didn’t even know there was a thing called Bitcoin. Such tremendous change has happened with Bitcoin. It’s good to witness it.
Don't just watch, let's find out more. Bitcoin technology innovation continues to grow that makes this digital asset worth paying attention to. You're not too late to dig deeper into Bitcoin, you can still do anything if you want.
There are so many things you can do to earn extra income from Bitcoin, such as investing, mining and staking that can beat other conventional products. Bitcoin still has a lot of room to grow with a wide and trusted market reach. It could be that the next ten years you can enjoy great benefits from your knowledge of Bitcoin.
hero member
Activity: 1722
Merit: 895
October 13, 2022, 11:32:34 AM
#76
I found the below image online, this was exactly 13 years ago when the price of bitcoin was still as good as zero, it is seen on the table that exactly today, being the 6th of October, 2009(13 years ago), with $1, one could purchase BTC1,130.53.
This means that the price of one bitcoin at that time was not more expensive than Pizza, I also remember someone named James Howells, where that person lost a hard drive containing 7,500 bitcoins because he accidentally threw it away.
Until now I don't know exactly whether the hard drive has been found, almost all the media I'm looking for there is no sign of the hard drive being found, it's really bad luck for James Howells after knowing bitcoin is increasing being hunted and has a fantastic selling value.

I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed.
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?
An ordinary calculator will not be able to calculate the number of bitcoins owned by the man I mentioned above, let alone the bitcoin holdings of large companies that started to buy them.
13 years ago, bitcoin was not cheaper than pizza, but now that assumption is debunked, as bitcoin finds its way into an investment or as a promising asset.
If anyone were to ask how bitcoin will be in the next ten years, then the answer would be to go to the moon, based on rhythm, trust and a very probable overview.
newbie
Activity: 45
Merit: 0
October 12, 2022, 02:47:51 PM
#75
I found the below image online, this was exactly 13 years ago when the price of bitcoin was still as good as zero, it is seen on the table that exactly today, being the 6th of October, 2009(13 years ago), with $1, one could purchase BTC1,130.53...
I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed.
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?

EDIT: I found this article too really interesting to read - https://www.cryptodefinance.com/1300btc-worth-1dollar-new-liberty-standard/

I was still in the dark. Didn’t even know there was a thing called Bitcoin. Such tremendous change has happened with Bitcoin. It’s good to witness it.
legendary
Activity: 3122
Merit: 1140
October 12, 2022, 02:43:29 PM
#74
Your post-picture can only demonstrate how cryptocurrency has changed the world. Doesn't evoke any emotions. Many write "what a pity that I did not invest in bitcoin then", but no one knew his future fate, so what's the point of regretting something that you could not know?
Surely onpoint and this is true and thats why lots had missed out their chance just because no one had really able or who had thought that it would really become valuable on the future?

If you do keep on looking back then you would definitely be just stressing yourself and keep telling that if you hadnt just miss out and accumulate as much as you can then you cant really think off
that clearly and well on your current investment which would affect your decisions.

Lets move on and deal up on the current thing that you are dealing with.Sorry for those who missed out and good to those who had hold for 13 years.
member
Activity: 96
Merit: 10
October 12, 2022, 08:25:52 AM
#73
Your post-picture can only demonstrate how cryptocurrency has changed the world. Doesn't evoke any emotions. Many write "what a pity that I did not invest in bitcoin then", but no one knew his future fate, so what's the point of regretting something that you could not know?
jr. member
Activity: 269
Merit: 4
October 12, 2022, 07:44:24 AM
#72
~Snip~

I did not get hooked on bitcoin at the time men" but where I am today, it makes me so happy.
I sure do understand perfectly, there is a saying which goes "better late than never".
We all are happy we are here, at some instances, one might feel this regret of not being here when bitcoin was way cheaper, but honestly, I come to understand that in life, every thing happens at their time, nothing happens by chance, those who knew about bitcoin when the price was zero, knew about it because it was their time to know about it, and not even all of them are rich today.

It is not out of place to sometime feel bad for not knowing about an opportunity on time, but then, don't take it to heart, for what will be will surely be.


I don't think it's late to know about bitcoin. From my own observation, bitcoin difficulty keeps on increasing. Infact, some technical review has proved that it is better to buy bitcoin now anytime the price dips than to manually mine it. That means if bitcoin continues in this trajectory, there will be a point where no one will want to sell. This the price goes up .

So I feel happy and agree with you.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
October 12, 2022, 07:34:15 AM
#71
~Snip~

I did not get hooked on bitcoin at the time men" but where I am today, it makes me so happy.
I sure do understand perfectly, there is a saying which goes "better late than never".
We all are happy we are here, at some instances, one might feel this regret of not being here when bitcoin was way cheaper, but honestly, I come to understand that in life, every thing happens at their time, nothing happens by chance, those who knew about bitcoin when the price was zero, knew about it because it was their time to know about it, and not even all of them are rich today.

It is not out of place to sometime feel bad for not knowing about an opportunity on time, but then, don't take it to heart, for what will be will surely be.
sr. member
Activity: 1736
Merit: 306
October 12, 2022, 07:13:37 AM
#70
If time could turn around, then I would absolutely buy as many bitcoins as possible. LOL - I never understand if someone makes a statement like this because actually bitcoin hasn't earned the trust it deserves from most people in its early years. I don't know where I was in 13 year ago, it's a very long time to remember and I'm sure I'm still enjoying my teenage at that time and I'm not thinking anything about how to make money.

But time flies so fast, bitcoin continues to evolve and has changed the mindset of many people who previously did not believe to believe in its potential. Yes it made them invest in bitcoin because they started to realize that bitcoin is an investment asset that has benefited many people before them. The market continues to grow, adoption is increasing and it would be good fundamentals to expect it to stay on the good track as an investment asset.

Going back to the past has always been hurting more than you can imagine hearing and also seeing such stories of loss hurts badly. Some people have big sums of Bitcoin and all that but lost them to some exchange and also most people consider Bitcoin mining a good waste of time. Focusing on the past is way dump it's high time people face what's in front.
A lot of people also talking about Bitcoin,but how many has really taken the first step to buy Bitcoin, they are just posting for posting reasons, I find it today that short term holders are really bossing and ruling the Bitcoin market more than the big term holders this are worthy and hearable news. Those little Bitcoins bought would be worth some bigger dollar's some day ahead, keeping your privacy to yourself and also to someone you can trust, so to keep them safe.
legendary
Activity: 1064
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October 10, 2022, 06:51:52 AM
#69
If time could turn around, then I would absolutely buy as many bitcoins as possible. LOL - I never understand if someone makes a statement like this because actually bitcoin hasn't earned the trust it deserves from most people in its early years. I don't know where I was in 13 year ago, it's a very long time to remember and I'm sure I'm still enjoying my teenage at that time and I'm not thinking anything about how to make money.

But time flies so fast, bitcoin continues to evolve and has changed the mindset of many people who previously did not believe to believe in its potential. Yes it made them invest in bitcoin because they started to realize that bitcoin is an investment asset that has benefited many people before them. The market continues to grow, adoption is increasing and it would be good fundamentals to expect it to stay on the good track as an investment asset.
hero member
Activity: 2268
Merit: 588
You own the pen
October 09, 2022, 11:51:10 PM
#68
I was so young back then and didn't hear about it there's nothing for me to regret except for those people that know about it but they choose to not be involved in the early years of bitcoins because they don't trust its creator and anyone involved in it. so they regret it big time until today. Anyway, only a few people are the patience to hold it until now without even selling some of it today because others already took advantage and sold it and buy everything they want with their bitcoins.
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October 09, 2022, 11:38:32 PM
#67
In my view, it is still necessary to prove itself over time. 13 years is a long time, but for an asset to be more reliable it is necessary to prove itself in the face of even bigger crises than Bitcoin has already passed.
What more evidence do you expect from bitcoin's journey, isn't the long process you witnessed is enough to prove it, 13 years is no longer a short time.
The process of bitcoin's journey further expands its existence and even bitcoin is resistant to the crisis and inflation that has ever occurred.
The worldwide adoption of bitcoin is growing, although not everyone is involved, but the awareness of bitcoin's acceptance is growing at this time.

Not fully trusted with Tesla company have 48,000 Bitcoins depending how their advertising and promote with Dogecoin, I think they have invested much money in Bitcoin but last several months have issues about Tesla company have sold their Bitcoin assets. Not any specific about that news true or not but regarding many time Tesla announced about they have sold Bitcoin assets but one day later have news buy back Bitcoin.
It is not my duty and responsibility to prove bitcoin ownership in Tesla company.
What I mean is that bitcoin adoption and acceptance is becoming more and more widespread, even large companies have seen the opportunity to buy bitcoins as a step forward in adoption and investment, whereas some of the companies I mentioned are just examples of adoption and acceptance.

Quote
Need to get valid information on internet about who and which one company have hold many Bitcoin in their wallet actually Tesla is new investor in Bitcoin trough price have been up, maybe if this company know with Bitcoin before 13 years ago make awesome and they will try hard how effective advertising and make Bitcoin pump drastically.
If anyone is serious about finding out what wallet they use to store bitcoins, then chances are we'll find out the real amount or so-called valid information. But it's not our responsibility to check it, at least we just want to convey to the OP, that bitcoin adoption and acceptance is so widespread and even big companies see this as the best opportunity.

So that there is no doubt for people to adopt and accept bitcoin, if at this time we do not take part, the bitcoin journey will increasingly make us fall behind in investment patterns and how to use them.
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October 09, 2022, 06:17:11 PM
#66
Even if you did buy BTC then, most people would have sold at $1 and $10 and $100, etc...

Very doubtful, that anyone would hold that amount for 10+ years until now.

I think what you are saying is true, because I have a friend and he told me that he used to have 50 bitcoins, and he only sold them at a price
270 dollars, and he now regrets being too frantic to sell at such a low price.

so in conclusion,, don't think too much about bitcoin's past, and don't be sorry because we didn't buy it before, because buying now is not too late. because in my opinion in the future bitcoin will be very high in price.
sr. member
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October 09, 2022, 04:11:10 PM
#65
Everyone should learn the basics of bitcoin, before making some investment on it.It was below 0$ ,when the year was 2009.Over 13 years,it value was reached to 18k dollars.It’s nearly 18k times to the old value of 1$.The price of bitcoin was increased from the scrap,you need to hold your coin.Because the new pump will earn you good some profit.
hero member
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October 09, 2022, 02:55:36 PM
#64
It is possible to be in Bitcoin since 2009 and still not own a good amount of Bitcoin by now, it all depends on the mindset and the motivation that drives our interest in any investment or commodity. Those that took advantage of the technology back then were able to use small capital to stock pill large Bitcoin just imagine investing $100 into bitcoin the day it was launched one will be the biggest whale by now if he didn't sell the Bitcoin holdings.
On another hand we must not ask some kind of questions as that will only great FOMO in the market, since we can not move back the hand of time, we must focus on holding more bitcoin at every given opportunity.

LUCKY ARE THE EARLY BITCOINNAIRS!
You cant really tell that all of them did really make huge money even lets say that they are the early adopters or engagers when Bitcoin is just starting.Come to mind off that if they we're active then you

dont know if these people had able to sold out when bitcoins price did hit up a few dollars or even a hundred.No one really had anticipated that it would really be become valuable on the future.

which it do reaches its price as high of 69k and possible that it would even be more on future years to come.For those who do able to remember those coins into those early days or years
then they are the ones would be called as whales but pretty sure that there are lots who had sold off and lost their coins.
sr. member
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October 09, 2022, 02:39:05 PM
#63
For example, news sources that I often read on the internet, regarding bitcoin ownership in companies and if there is no change in ownership.
  • Tesla 48,000 Bitcoins.

Not fully trusted with Tesla company have 48,000 Bitcoins depending how their advertising and promote with Dogecoin, I think they have invested much money in Bitcoin but last several months have issues about Tesla company have sold their Bitcoin assets. Not any specific about that news true or not but regarding many time Tesla announced about they have sold Bitcoin assets but one day later have news buy back Bitcoin.

Need to get valid information on internet about who and which one company have hold many Bitcoin in their wallet actually Tesla is new investor in Bitcoin trough price have been up, maybe if this company know with Bitcoin before 13 years ago make awesome and they will try hard how effective advertising and make Bitcoin pump drastically.
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October 09, 2022, 01:16:07 PM
#62
It is possible to be in Bitcoin since 2009 and still not own a good amount of Bitcoin by now, it all depends on the mindset and the motivation that drives our interest in any investment or commodity. Those that took advantage of the technology back then were able to use small capital to stock pill large Bitcoin just imagine investing $100 into bitcoin the day it was launched one will be the biggest whale by now if he didn't sell the Bitcoin holdings.
On another hand we must not ask some kind of questions as that will only great FOMO in the market, since we can not move back the hand of time, we must focus on holding more bitcoin at every given opportunity.

LUCKY ARE THE EARLY BITCOINNAIRS!
legendary
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October 09, 2022, 12:58:20 PM
#61
If I had discovered Bitcoin back in 2009, I probably would have thought that this is some kind of weird scam.
Spending actual dollars for some "magic internet money" that nobody uses back in 2009? Nah... It's like buying some worthless shitcoin or token right now. Who would do such thing? Grin
I remember that I was in my first year in university back in October 2009. I didn't have any money to buy anything back then. All I had was a laptop and I feel sorry that I never mined any BTC with my laptop. Grin Being an early adopter would have been great.
Honestly, I have been here for far longer than most people, not 2009 but a bit after that, and I can tell you that is exactly what I thought about it. I mean it looked like a good level of scam, not really a scam but like "this is legit but would never work" type of approach, I knew that it was fair, so I never questioned if it was scam, but I always believed bitcoin would never ever achieve anything and be at these prices.

So the end result is the same, not investing much into it, otherwise if I did I would have owned tens of, maybe hundreds of millions of dollars worth of bitcoin today, I had the money to buy that much back in the day, and I didn't.
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October 08, 2022, 08:16:38 PM
#60
Quote
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago
The adoption and acceptance of bitcoin is very different in 2009 until now, awareness of the use of bitcoin has grown like the blood that flows in our bodies every day.
Bitcoin has shown an extraordinary existence, not only in countries that have started to legalize bitcoin as a legal currency and means of payment.
Bitcoin's growth has reached another stage as a promising investment asset, with many companies starting to buy bitcoins using company money.

For example, news sources that I often read on the internet, regarding bitcoin ownership in companies and if there is no change in ownership.

  • MicroStrategy 121,044 Bitcoins.
  • Tesla 48,000 Bitcoins.
  • Galaxy Digital 16,402 Bitcoins.
  • Square of 8027 Bitcoins.
  • Marathon Digital Holdings 4,813 Bitcoins.
  • Hut 8 Mined 4,724 Bitcoins.
  • Coinbase 4,483 Bitcoins.
  • Nexon 1,717 Bitcoins.



In my view, it is still necessary to prove itself over time. 13 years is a long time, but for an asset to be more reliable it is necessary to prove itself in the face of even bigger crises than Bitcoin has already passed.
sr. member
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October 08, 2022, 06:00:58 PM
#59
If I have time to go back in time I would do it since I never heard of it since the day it was created and it took me some time to discover this innovative invention. Maybe it's not that common in my country or I was just fooling around at that time when this was being released.

But anyway, we can't really turn back time so it's time to move on and the important part is that it's not really too late to buy this innovative invention and it's a gift once you have it even a single BTC today is enough. How much more if this price grow even more in the future?
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October 08, 2022, 04:59:31 PM
#58
Keep in mind when something discovers new it takes a few years to reach end users. So Bitcoin isn't different, it was underestimated at the beginning. It took a couple of years to understand how Bitcoin works and its value of that. Now we all know about Bitcoin and what it's worthy. But still, you will find people that never heard about Bitcoin and they will regret the same we regret now when they will introduce Bitcoin. So it's a normal procedure, nothing wrong at all.
Who had really thought that Bitcoin would fly up its value like this? No one really had anticipated nor expect for it to go this big.This is why lots had made out some regrets on not to buy as much as they could into

those early years, even myself did really have some regrets that i had just let it slip the golden opportunity to buy when its still $100 as far as i remember.
How much more into those years where it do really value as low as 1 bucks?

No one had expected and thats why to those people who had believed into its potential are the ones who had been rewarded.
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October 08, 2022, 12:56:24 PM
#57
How does this make you feel?
Almost can't feel anything, flashback to bitcoin in 2009. I also try to remember when bitcoin was so valuable and growing so fast, but in the end there was nothing to think about other than having to own it now.
And this would make us feel even more left out, if today were not to partake of bitcoin.
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October 07, 2022, 12:03:15 PM
#56
I found the below image online, this was exactly 13 years ago when the price of bitcoin was still as good as zero, it is seen on the table that exactly today, being the 6th of October, 2009(13 years ago), with $1, one could purchase BTC1,130.53...
I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed.
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?


EDIT: I found this article too really interesting to read - https://www.cryptodefinance.com/1300btc-worth-1dollar-new-liberty-standard/

I don't remember the context but last year someone in my local section put a similar post on that idea of; price before and price now, and they asked more or less the same question, well this year I'll be 13 years old... for example of being on Twitter, 2009! and it is one of those things that has a record in my "timeline," and it is the message that not everything that shines is the light of the road... nah! funny moment, in any case.

By the way, I always repeat it without regrets, I have achieved many life goals that...! in relevance they are perhaps more important to me and what makes me say ok; "I did not get hooked on bitcoin at the time men" but where I am today, it makes me so happy.
legendary
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October 07, 2022, 11:59:47 AM
#55
Keep in mind when something discovers new it takes a few years to reach end users. So Bitcoin isn't different, it was underestimated at the beginning. It took a couple of years to understand how Bitcoin works and its value of that. Now we all know about Bitcoin and what it's worthy. But still, you will find people that never heard about Bitcoin and they will regret the same we regret now when they will introduce Bitcoin. So it's a normal procedure, nothing wrong at all.
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October 07, 2022, 11:52:46 AM
#54
It was good chances at then but question to ask, do you still believe you could have hold till 13 years time or sell off. You don't have to be mad over what you knew can't be possible to hold or do. We always reflect back to what happened then but how prepared where you and if such opportunity is given how many people would have given attention or buy, maybe they would label it to be a cheap scammed project or something similar.
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October 07, 2022, 11:47:32 AM
#53
This is how it always looks like, maybe at then if you were told or asked to buy you wouldn't have given it much attention. Trust me or not I can say it was from this forum you gat to know and have deep knowledge about Bitcoin, even if you were chance same thing would have happened. That is why I don't really give attention to those crying they missed the chances of acquiring lot of bitcoin at cheap price. And come to think of it, do you think you could hold till date?
Is simply No because after using about $1500 to acquire such volume of bitcoin immediately you would sell of by 10x so don't panic.

That is why i still remains thankful to this forum for giving me a clear vision about bitcoin because every day I read and gets educated about bitcoin usefulness.
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October 07, 2022, 11:46:36 AM
#52
When you need it, where is the time machine? But

Yes, we did miss the 2010 BTC boat. However, we are still on the Crypto train. Since cryptocurrency is a technology, it should and does adhere to the general technology adoption criteria. 
full member
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October 07, 2022, 11:43:21 AM
#51
I also saw Bitcoin price which was very little as 570$ per Bitcoin.I think this was in 2016 or 2017. Actually now also have time for newcomers to enter in Bitcoin as we will see a new all time high in the next bull session. So we should not regret and there is another chance to enter in Bitcoin.
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October 07, 2022, 11:40:05 AM
#50
People who understood the potential of this evolutionary technology invested few hundred dollars and became millionaires but many of the people who bought it just for no reason at all and its like a lottery for them if the coins are still in their possession. But what if doesn't matter anymore, what matters is whether we want to invest now and wait for it to go 5 or 6 figures.
During this time many may not really buy them, most of the user before mined their bitcoins and hold them. Others have stories before that they mined it and just left it in their old laptop and didn’t recover it since they don’t have their laptop anymore. I guessed those who take BTC seriously before were really into innovation that makes them interested on it despite having no value. Lucky those who know it before and still manage to have them when they can sell it in a huge price.
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October 07, 2022, 11:36:06 AM
#49
13 year's ago just very few people know about about bitcoin and most of the people that know about bitcoin they don't believe in bitcoin, most of them don't believe bitcoin price will get to the current price, am sure most people that bought when the price was still very low already sold. Lot's of people have been wishing they know about bitcoin early, why some people that know about bitcoin early wish they are still holding bitcoin till now, because am sure most of them sold already. I think if anybody still invest in bitcoin at the current price it's not really bad, because am sure some people will still regret why they didn't invest in bitcoin at the current price later in the future.
legendary
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October 07, 2022, 10:43:20 AM
#48
It makes me feel good and proud of bitcoin.

Maybe we come late to this party but se it grow that high just proves the success of the project. And is important to quote Satoshi words about bitcoin.

Quote
In a few decades when the reward gets too small, the transaction fee will become the main compensation for [mining] nodes. I’m sure that in 20 years there will either be very large transaction volume or no volume.

Satoshi made his bet to be a huge success or a clear fail. And now we see how the technology grow and become part of the global economy.
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October 07, 2022, 10:35:31 AM
#47
People who understood the potential of this evolutionary technology invested few hundred dollars and became millionaires but many of the people who bought it just for no reason at all and its like a lottery for them if the coins are still in their possession. But what if doesn't matter anymore, what matters is whether we want to invest now and wait for it to go 5 or 6 figures.
legendary
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October 07, 2022, 10:28:54 AM
#46
I was too young to get involved with Bitcoin 13 years ago, but I certainly could put more faith when I did get involved and the price was in hundreds of dollars per coin or get involved a couple of years earlier. We shouldn't feel sad about missing out, IMO. We have no idea how it would've played out. You could lose access to them because of storing on an exchange that performed an exit scam or just because that piece of paper with essential info didn't seem important for a long time. There's also a good chance that a person would sell way too early.
IMO focusing on what's happening now is more productive.
sr. member
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October 07, 2022, 10:27:04 AM
#45
So easy to say that we spill all of our money into Bitcoin had we heard it long time ago. But are you good in technology 13 years ago? Are you investing to a so-called nonphysical money that authorities cannot cannot control? Do you trust an anonymous developer like Satoshi Nakamoto? Are we not questioning Satoshi to reveal himself if he is not a scammer?

And, did we ever invested into something 13 years ago? What could be the value of your investment now? If we do not have an investment 13 years ago, we better not claim to have bought Bitcoins too.
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October 07, 2022, 10:08:58 AM
#44
I even firmly believe that if I had $100 in 2009 and invested it in bitcoin, I would sell it all at $10 or $20 then. No matter how much it makes sense for us to reminisce about something we didn't have in the past, it's going to be ridiculous and it's bound to make us fantasize.

Now I'm just going to think about something I might be able to achieve in the future, think the same thing and have faith about it. I don't know how much money I can afford to invest in bitcoin, but I really want to do whatever I can afford right now. Right now I don't want to fantasize about a past we didn't have, but I do hope that my fantasies about the future can come true.
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October 07, 2022, 10:00:29 AM
#43
at that time the sophistication of technology was not as sophisticated and advanced as it is now,
so at that time people were not very familiar with crypto even a few knew,

some know too, but they are not interested in buying it.

because in 2009 there was also no android mobile phone, and the internet network if I'm not mistaken it's still 2G or 3G I forgot.

maybe the people who bought bitcoin at that time were people who were really smart and could predict bitcoin in the future.
legendary
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October 07, 2022, 09:49:49 AM
#42
I found the below image online, this was exactly 13 years ago when the price of bitcoin was still as good as zero, it is seen on the table that exactly today, being the 6th of October, 2009(13 years ago), with $1, one could purchase BTC1,130.53...
I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed.
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?


EDIT: I found this article too really interesting to read - https://www.cryptodefinance.com/1300btc-worth-1dollar-new-liberty-standard/

if you asked me how my feel, very sorry why i don't have bitcoin since 13 years ago, but regret is not the end of everything, we can invest anytime if we are ready to invest everything will follow the bitcoin flow later
legendary
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October 07, 2022, 09:43:05 AM
#41
I'm a beginner in bitcoin, I didn't expect bitcoin to be so cheap, if I've known bitcoin before, I might have bought a lot of bitcoins. but yes of course it's never too late to buy bitcoin, even though bitcoin is now expensive, but I'm sure in the future the price of bitcoin will be even higher.

If you are a beginner then the first thing you should do is buy a small amount of bitcoins every day or week. Of course it will not be felt on your finances. While it's still in a bear market now, the price of bitcoin may continue to fall for quite a long time. It's never too late for a future adoption and bitcoin is decades old and still exists today.
Sounds cliché but for beginners, best thing to do is to know what they are engaging themselves with. It is easy to put money into something but accepting high risks of losing money from doing so, especially if you are already at that point, would be problematic if you won't be prepared for the outcome. It won't always be a winning investment. Market volatility alone does not determine assured profit.

Also, surfing for more would be a better idea. If a beginner would be also awre of other cryptos, cryptoactivities, market behavior and such, it might help him learn and create his own tactic in this industry to lessen the risk of losing, nd to increase ways of earning not merely depending with buying and selling.
sr. member
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October 07, 2022, 09:16:33 AM
#40
I found the below image online, this was exactly 13 years ago when the price of bitcoin was still as good as zero, it is seen on the table that exactly today, being the 6th of October, 2009(13 years ago), with $1, one could purchase BTC1,130.53...
I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed.
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?


EDIT: I found this article too really interesting to read - https://www.cryptodefinance.com/1300btc-worth-1dollar-new-liberty-standard/

no one expected bitcoin to be like this, if i knew bitcoin 13 years ago, i think i am currently enjoying the results of my investment,
but anything can't be repeated so let's take it today for the day after tomorrow and so on until BTC reaches the highest value
hero member
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October 07, 2022, 08:33:49 AM
#39
I'm a beginner in bitcoin, I didn't expect bitcoin to be so cheap, if I've known bitcoin before, I might have bought a lot of bitcoins. but yes of course it's never too late to buy bitcoin, even though bitcoin is now expensive, but I'm sure in the future the price of bitcoin will be even higher.

If you are a beginner then the first thing you should do is buy a small amount of bitcoins every day or week. Of course it will not be felt on your finances. While it's still in a bear market now, the price of bitcoin may continue to fall for quite a long time. It's never too late for a future adoption and bitcoin is decades old and still exists today.
hero member
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October 07, 2022, 08:24:02 AM
#38
It still feels sad to me considering I joined early. I couldn't become very very rich even though I made some money through Bitcoin. 2009 feels like dark ages to me now. I was like trying to enter university or something? Now I am white collar officer. Good old days. I wish we all knew Bitcoin back in 2009/2010 and buy many and hold them in some paper wallet to restore right now in 2022 and become rich.
Everyone has the same thought on this and I'm sure everyone also wished they could own bitcoins in their early days. But it was just a fantasy that will not be repeated today. From there it shouldn't do the same thing. I mean maybe today bitcoin looks so expensive for us to own, but let's think in the next 10 years, maybe this narrative will sound back "if 10 years ago I bought bitcoin at 20k". This is very likely to happen.
Absolutely, I hear someone saying that Bitcoin is already expensive
but yes of course it's never too late to buy bitcoin, even though bitcoin is now expensive, but I'm sure in the future the price of bitcoin will be even higher.
but also believe that in the future the price will be higher but some of us still won't buy in, even in sats but we all know this narrative will repeat itself in another 13 years from now when some will say this same thing, I knew when Bitcoin was as LOW as $20k, I could have bought some satoshis then even if I couldn't buy a whole BTC It will always be a revolving circle.  
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October 07, 2022, 07:58:28 AM
#37
I found the below image online, this was exactly 13 years ago when the price of bitcoin was still as good as zero, it is seen on the table that exactly today, being the 6th of October, 2009(13 years ago), with $1, one could purchase BTC1,130.53...
I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed.
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?



EDIT: I found this article too really interesting to read - https://www.cryptodefinance.com/1300btc-worth-1dollar-new-liberty-standard/
Hi Fivestar4everMVP. Seeing the pictures in your posts makes us speculate with diverse imaginations. If at that time $1 can get 1,130.53 BTC, then $1K can get ± 1,130,000 BTC. However, behind this picture there are many lessons to be learned.

First, Bitcoin is the most valuable asset in the future. If at the time of the complaint a thing went wrong. Second, if anyone still thinks that now is not the right time to buy, then that is also wrong. Moreover, if there are still those who sell because of market conditions that make people afraid of losing money because they have invested in Bitcoin, that is clearly the wrong decision.
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October 07, 2022, 07:55:01 AM
#36
It still feels sad to me considering I joined early. I couldn't become very very rich even though I made some money through Bitcoin. 2009 feels like dark ages to me now. I was like trying to enter university or something? Now I am white collar officer. Good old days. I wish we all knew Bitcoin back in 2009/2010 and buy many and hold them in some paper wallet to restore right now in 2022 and become rich.

Yeah, for sure everyone will be millionaires if we know back then that bitcoin will be huge.

I'm not one of those early birds, but I have witnessed a lot of tweets, seems to be regretting their decision to sell when the price is very low but they didn't believed that it has a future so they sold off. Now they regret their decision, but for sure some of them have been buying ever since and still have their dreams of becoming millionaire in the future.
hero member
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October 07, 2022, 07:46:49 AM
#35
I found the below image online, this was exactly 13 years ago when the price of bitcoin was still as good as zero

These are the kinds of reference newbie need to learn from to give them more assurance in investing more with bitcoin over time, there have been no othet best illustration than to take a step back in looking at how it all start from 2009 till date.

it is seen on the table that exactly today, being the 6th of October, 2009(13 years ago), with $1, one could purchase BTC1,130.53...
I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed

Those that are early in it have the pleasure today to enjoy ever making the right decision back then, those i felt sorry for and now regretting their decisions were those that couldn't manage to even hold for long, we all know life is risk, to make it also involves taking a risk but we are all afraid of the risk taking.

Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

Maybe somewhere in highschool or after seeking admission into a tertiary institutions or propably learning trade  Grin but i can bet you that even you are aware of it then you may probably be among those that will say it's a scam how is it possible, lol.

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October 07, 2022, 07:13:48 AM
#34
Many of us feel sad that we didn't join bitcoin in the first place because we didn't know the news or didn't find any info about bitcoin.
It's natural when we regret it but that shouldn't stop us from trying to own bitcoin in many ways because we still have a chance today.
If we just regret without doing anything, we can regret more in the future because we can't have more bitcoins.
So maybe we should give it a go, no matter how long we can have a lot of bitcoins and luckily, we still have that chance.
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October 07, 2022, 06:32:43 AM
#33
I'm a beginner in bitcoin, I didn't expect bitcoin to be so cheap, if I've known bitcoin before, I might have bought a lot of bitcoins. but yes of course it's never too late to buy bitcoin, even though bitcoin is now expensive, but I'm sure in the future the price of bitcoin will be even higher.
legendary
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October 07, 2022, 03:31:47 AM
#32
It still feels sad to me considering I joined early. I couldn't become very very rich even though I made some money through Bitcoin. 2009 feels like dark ages to me now. I was like trying to enter university or something? Now I am white collar officer. Good old days. I wish we all knew Bitcoin back in 2009/2010 and buy many and hold them in some paper wallet to restore right now in 2022 and become rich.
hero member
Activity: 1344
Merit: 565
October 07, 2022, 02:14:59 AM
#31
maybe if i know bitcoin since 13 years ago maybe i will take my savings in the bank to buy more because i believe the technology in bitcoin will grow rapidly and will be valuable, unfortunately i was introduced by my friend in bitcoin in 2016 ago and I joined this forum to get to know more about bitcoin and other cryptocurrencies, at least I'm not late and hold a little bitcoin in my wallet as a future asset, whoever bought bitcoin in 2009 and then he is the luckiest person and mr satoshi has more much of what we know, over the past 13 years bitcoin has really progressed well

That would be easy for you to say today because you have seen what Bitcoin has become but I guarantee you that 90% of the people that are involved in Bitcoin today wouldn't have given it more attention then as we do now. This is 2009 we are talking about. Take time to read through this post:
12 years ago, we have the story of  Laszlo Hanyecz, who traded his bitcoins for pizza in 2010.
10,000 bitcoins actually for two Papa John's pizzas.

Also in 2011, there was the story of Shiksay “Sziky” Miklos who took 5th place in participating in the AoV iCCup StarLeague tournament and received 25 bitcoins. Then they were valued at $ 41 but decided to collect $40 instead of the 25BTC

So, as Laszlo said "It wasn't like bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool"

This is why I believed that for most of us, even if we had known about Bitcoin back then, we might not have taken it that seriously because even the first time I was introduced to Bitcoin, I just bought it to pay for a service online but not really paying attention to what Bitcoin could become until a year later before I started investing properly in Bitcoin and this was 2016 when BTC was already above $400.

legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
October 07, 2022, 01:58:39 AM
#30
The thing is this :

13 years ago...... MANY people would not even have touched Bitcoin, because doing that was illegal. At the time... people who created their own "private" currencies were prosecuted and given fines and/or jail time.  Roll Eyes

I entered Bitcoin when the price was just over $200 and it was not legal to own it, so I did not buy any coins at that price. I looked at it as a experimental project that would fail within a couple of months, due to government pressure.

It was only a short time after that, when I eventually read more about the technology and how it was decentralized to protect it.... that I saw the bigger picture and started to buy some coins.  Wink
sr. member
Activity: 280
Merit: 259
https://bitcoincleanup.com #EndTheFUD
October 07, 2022, 01:50:19 AM
#29
I know where I was exactly 13 years ago. I was a 12-year-old kid, and I had never heard of Bitcoin at that time. I studied in class six at that time. I don't think I had a mobile device or internet access back then. In class ten, I got my first internet-accessible mobile device. I still didn't hear about Bitcoin. After a year, when I was promoted to college, I found a gambling website and that time, I saw this website supported a currency named Bitcoin. That's how my bitcoin journey started. My first bitcoin wallet was on Blockchain.org. By then, Bitcoin was already over a thousand, maybe, and I hadn't started earning money yet. All I did was claim the faucet and place bets.
full member
Activity: 1834
Merit: 166
October 07, 2022, 01:40:36 AM
#28
We all say we regret not investing in bitcoin at that time but the thing is even if we heard about it then and see you can get so many bitcoins for $1 only then you would have hardly put your money into it but for me I was familiar with it later on and regret comes when the prices increase seeing you could have make more from it.But still you have chance if you can hold for next 10 years then you know about it.

But I really liked how the value was increased within few days that it come down from 1100+ bitcoins to 800+ for $1 in time span of 5 days only.
hero member
Activity: 3150
Merit: 937
October 07, 2022, 12:55:31 AM
#27
If I had discovered Bitcoin back in 2009, I probably would have thought that this is some kind of weird scam.
Spending actual dollars for some "magic internet money" that nobody uses back in 2009? Nah... It's like buying some worthless shitcoin or token right now. Who would do such thing? Grin
I remember that I was in my first year in university back in October 2009. I didn't have any money to buy anything back then. All I had was a laptop and I feel sorry that I never mined any BTC with my laptop. Grin Being an early adopter would have been great.
 
legendary
Activity: 2576
Merit: 1860
October 07, 2022, 12:40:15 AM
#26
What's the point of looking back at the things we cannot anymore change? The good thing is that you're here when Bitcoin is only at $19,000. So let us all learn our lessons and make sure that what we regret missing in the past we grab today. Bitcoin may not be as cheap as 13 years ago today, but it won't be as cheap as now another 13 years later. We cannot continue crying over spilled milk. We just have to make sure that 13 years from now we won't be looking back today and release the same sigh.
hero member
Activity: 3010
Merit: 629
October 06, 2022, 11:13:02 PM
#25
How does this make you feel?
It's impressive to know how Bitcoin's price started. I have this regret on why I didnt know or bought Bitcoin on its earlier stage. But even I bought Bitcoin back then at cheaper price (2015), im still not confident to hold it for long period and was tempted to sell at low price after seeing an improvement, not knowing it can increase further. Hence I failed to hold longer. So asking me now how does it feel? I still have regrets but there's no point on dwelling in the past. Thus, if you dont want to miss the same opportunity again, dont repeat the same mistake since you're already aware of its history.
sr. member
Activity: 1316
Merit: 422
October 06, 2022, 11:11:25 PM
#24
Good question, now I ask you again.
How old were you at that time, were you familiar with Bitcoin at that time?
If you bought Bitcoin at that time, I doubt you can hold it 13 years later.

Here I don't want to assume you, I feel lucky to know Bitcoin first from the people around me. Now I will tell them Bitcoin has benefited me a lot.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
October 06, 2022, 10:53:22 PM
#23
I found the below image online, this was exactly 13 years ago when the price of bitcoin was still as good zero, it is seen on the table that exactly today, being the 6th of October, 2009(13 years ago), with $1, one could purchase BTC1,130.53...
I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed.
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?


This chart makes me feel nothing because i know it was impossible to know the potential of bitcoin at that point of time. I did not know about bitcoin in 2009 but even I did, i would not have wasted 1 dollar in money which had no value at that time. I am being honest here.

No one is a fortune teller to know that bitcoin will be over 50K to 60K, If everyone knew this, wouldn't everyone have sold everything to buy bitcoins only in 2009?
This is the correct answer, only those which truly understood the technology behind bitcoin were interested into putting any money at risk by investing in it or by mining it.

And even if somehow you found out about bitcoin back then this does not mean we would have taken immediate action and invest all our savings in it, so I think it is pointless to think about this kind of what if scenario, as even if we were not part of the early days of bitcoin we still got in relatively early which is good enough for me.
member
Activity: 117
Merit: 10
October 06, 2022, 10:45:29 PM
#22
maybe if i know bitcoin since 13 years ago maybe i will take my savings in the bank to buy more because i believe the technology in bitcoin will grow rapidly and will be valuable, unfortunately i was introduced by my friend in bitcoin in 2016 ago and I joined this forum to get to know more about bitcoin and other cryptocurrencies, at least I'm not late and hold a little bitcoin in my wallet as a future asset, whoever bought bitcoin in 2009 and then he is the luckiest person and mr satoshi has more much of what we know, over the past 13 years bitcoin has really progressed well
Actually time you know Bitcoin is not very influential because you can say that because you have seen it at this time but people who know the beginning of Bitcoin certainly do not estimate what will happen so far, only few believe that Bitcoin will grow in value.
So in my opinion is how much you are believe that Bitcoin can go further far from the first time you found it is more important
member
Activity: 219
Merit: 19
October 06, 2022, 10:44:31 PM
#21
None of us could have predicted that Bitcoin's price from 13 years ago would increase by such a significant amount to its current level. That is what makes it so volatile and significant in today's world.
legendary
Activity: 1372
Merit: 2017
October 06, 2022, 10:41:45 PM
#20
How does this make you feel?

It doesn't make me feel anything. Once upon a time when I was seeing things like this still, but now I see that the returns that were obtained the first few years we are not going to have them going forward, which is becoming clear in this cycle and in facts like even Saylor and others are giving much more moderate predictions for the future.

I care more about owning Bitcoin because it is uncensurable, for example than thinking about what it was worth and what it became worth. Plus as has been discussed on the forum, almost everyone who bought at those levels, sold when it made x10 or x20 at best. Others as it was worth very little got careless and lost the private keys. So all that glitters is not gold.
sr. member
Activity: 1736
Merit: 306
October 06, 2022, 10:17:27 PM
#19
How does this make you feel?

Nothing.

Questions like this lead to FOMO, and that's not good. Previously, I often asked similar questions, considered lost profits, often used the phrase: WHAT IF I THEN ...... Only this makes no sense, all this reasoning after the fact makes me discouraged, so I never fill my head with reasoning about what would happen if I then ....etc.

In general, it is not a fact that if most of us got acquainted with bitcoins at that time, they would have bought as much as possible and held until today. This understanding comes with time.

The Nothing part of what you said got me a bit surprised though until I took my time to read down to the end. A lot of people have been ignorant about Bitcoin. Imagine people who would have turned a million dollar owner's that's quite painful if I should input my own opinion. The New Liberty Standard was the first to offer Bitcoin purchases. People were able to buy and sell Bitcoin through Paypal.

https://www.reddit.com/r/CryptoCurrency/comments/xx6bv7/the_first_website_to_buy_bitcoin_went_online_13/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button

This lead to a user sharing his pain of how ignorant he was after he blatantly refused and rejected the offer of becoming a millionaire in college, his buddy mined 2000 Bitcoin in 2010 and in the year 2013, he sold over 1000 of his staked Bitcoin and became a millionaire.
But does the past matter now , yes it's good he now knows the benefits of that and must have started buying and stacking during the lows.
hero member
Activity: 1120
Merit: 887
Livecasino.io
October 06, 2022, 09:36:48 PM
#18
I understand how you feel. It is natural, every pro-bitcoiner has felt this way too. Now in 2035 - thirteen years from now you will not be able to buy one Bitcoin at 20,033.10USD which is the price as at the time of typing this. Your reaction now is how those in the future who didn't take advantage of this time will feel too.
legendary
Activity: 2506
Merit: 1394
October 06, 2022, 08:57:20 PM
#17
I remember a guy that uploads a video on Youtube before who is already considered as Bitcoin billionaire now. He is telling them to buy Bitcoin even just an extra 1 dollar from their wallet.
So for sure, if we will go back to that time too, some of us will have some confusion too, because we still don't know what will the future of Bitcoin. I'm just glad to the people who believed with Bitcoin since the beginning.
hero member
Activity: 1316
Merit: 407
Top Crypto Casino
October 06, 2022, 08:51:17 PM
#16
I found the below image online, this was exactly 13 years ago when the price of bitcoin was still as good as zero, it is seen on the table that exactly today, being the 6th of October, 2009(13 years ago), with $1, one could purchase BTC1,130.53...
I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed.
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh
(...)

This image makes me happy as the future of BTC is very big. Since this day, in picture, nothing has changed on the Blockchain. While the dollar and other currencies only fell.
newbie
Activity: 1
Merit: 0
October 06, 2022, 08:46:55 PM
#15
Sure, it would have been great to load up when it was only $1, but you can't always tell the future. You can't beat yourself up over this kind of thing because there will always be new opportunities coming up. Don't stress on the past just focus on the future!
legendary
Activity: 1176
Merit: 1056
October 06, 2022, 07:05:44 PM
#14
I found the below image online, this was exactly 13 years ago when the price of bitcoin was still as good as zero, it is seen on the table that exactly today, being the 6th of October, 2009(13 years ago), with $1, one could purchase BTC1,130.53...
I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed.
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?


EDIT: I found this article too really interesting to read - https://www.cryptodefinance.com/1300btc-worth-1dollar-new-liberty-standard/
If anyone knew in advance that Bitcoin would grow in popularity and price, everyone would buy and invest in Bitcoin.We all know a person bought a pic chai with 10k bitcoins if that person had known he would never have paid 10k bitcoins for a pizza.So I say that no one can ever achieve hundred percent success in this cryptocurrency. If 100% success could be achieved then people should accept it in advance.
sr. member
Activity: 1498
Merit: 443
October 06, 2022, 06:58:36 PM
#13
This is how Btcoin prorgess and process. The process will not betray the results
We may be witnesses of Bitcoin's journey so far, how Bitcoin has gone down and up so far, the number of people or parties who don't like it and finally spread FUD about Bitcoin. However, in the end, Bitcoin remains superior and until now and beyond
hero member
Activity: 1176
Merit: 543
fillippone - Winner contest Pizza 2022
October 06, 2022, 05:00:54 PM
#12
Even if you did buy BTC then, most people would have sold at $1 and $10 and $100, etc...

Very doubtful, that anyone would hold that amount for 10+ years until now.
I think you are very correct about this because some investors are never interested about the future price of Bitcoin or believe in future investment like buying at a particular price and leaving the coin for a longer period of time before selling it or trading it. Most of us that call ourselves a trader or investors are so scared of the market reaction that we are only interested in the present price or making few dollars because we sell our holdings.

 So investors can even sell their holdings after making few dollars from the market thinking that is the best way to trade the market. We need to have the habit of holding for a very long time before selling our holdings so that we can benefit in a long run.
hero member
Activity: 1064
Merit: 501
October 06, 2022, 04:56:48 PM
#11
In 10 years to come,  bitcoin price might reach $200k or above, if by then you decide to show new investors in crypto the price history of bitcoin. They won't believe that there was a time bitcoin price was hovering around $19k- $20k by this time in 2022. They will feel wowed that they missed the opportunity to know or invest in bitcoin then(2022). How we are feeling now about the price of bitcoin 13 years ago, that's how the new investors in bitcoin will feel in 10 years to come. If the bitcoin price hits $250k and above. It will turn out to be an involvement of different sets of investors

sr. member
Activity: 1610
Merit: 264
October 06, 2022, 04:46:37 PM
#10
~
How does it make me feel? Yeah,  I was already over my "regret" from not being able to learn about trading Bitcoin back then. No point regretting something that was already done anyway so....... that is that.
Imagine if one point Bitcoin still dip at that low one day though. I would not really look into it, but I can imagine the opportunity I can get to get more than 1 BTC at that point, lol.

Too bad my teenager years really hindered my learning to crypto.
sr. member
Activity: 2226
Merit: 347
October 06, 2022, 04:25:50 PM
#9

Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?

I do always have that feeling of regret and have the same questions on mind on how the heck i did miss this one? Considering that im always on computer shops into those times when im still in college.
I was really just too that careless but well its not really that good on always looking back on the past.It would really just give out that kind of stress deep inside. Cry
If we were able to buy even just $1 price then seeing the price as of today then its really good to think and imagine on having that financial freedom
that we could have if we do able not to miss out those chances.
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
October 06, 2022, 03:37:42 PM
#8
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

All of us who discovered bitcoin a few years ago have thought about  "I could have discovered this before ". But this is not really important imo.

Bitcoin wasn't the same 13 y ago. You wouldn't be able to set up a wallet easily like today, it was problema hard to use. The solutions we know today, like electrum, seed phrase, etc are much younger than 2009. This was something for people very interested in cryptography and new technologies.

What we can do now is to keep an eye open for new opportunities.  There is not going to be other bitcoin,  but there are other opportunities out there. We are in a tertrible bear market all over the world, plenty of opportunities and risks
hero member
Activity: 3038
Merit: 634
October 06, 2022, 03:32:17 PM
#7
The same question would pop also to everyone when we've finally realized that we've missed that opportunity.

It's okay. You'll never know what you might have done when an increased price for bitcoin happened while you're holding that a lot.
hero member
Activity: 1498
Merit: 785
October 06, 2022, 03:27:28 PM
#6
13 years ago I didn't know anything about bitcoin maybe I was somewhere and what I was doing even though at that time Bitcoin was $1=1.130.53 BTC, so I think at the beginning we didn't know anything and only knew Bitcoin in 2014 Don't buy more at a low price, because you don't feel that the year will be in the future so you're wasting an opportunity that you never imagined today.

I don't know from the past until now who is still holding on to Bitcoin but what is certain is that the average holder has sold it and it becomes an unforgettable memory of history that will always be remembered in the future.
This event has already happened, so it will only be history that many people will remember.
legendary
Activity: 2026
Merit: 1034
Fill Your Barrel with Bitcoins!
October 06, 2022, 01:39:25 PM
#5
Even if you did buy BTC then, most people would have sold at $1 and $10 and $100, etc...

Very doubtful, that anyone would hold that amount for 10+ years until now.
hero member
Activity: 1092
Merit: 747
October 06, 2022, 01:36:49 PM
#4
I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed.
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?
Mere looking at this image makes me realise how important it is having the right information at the right time, because you aren't the only one amazed by this, because i too, of which if only had we invested just this $1 back then which was very common, by today we will all be millionaires with the current pump in the price of Bitcoin. But however, it's basically not too late to still invest in Bitcoin, because in the next 13yrs from now so will people compare the price of Bitcoin and regret wishing they had invested this day when it's price skyrocket to $100,000 per BTC anytime soon..
So, its never too late to invest in Bitcoin
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
October 06, 2022, 01:16:04 PM
#3
I found the below image online, this was exactly 13 years ago when the price of bitcoin was still as good zero, it is seen on the table that exactly today, being the 6th of October, 2009(13 years ago), with $1, one could purchase BTC1,130.53...
I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed.
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?


This chart makes me feel nothing because i know it was impossible to know the potential of bitcoin at that point of time. I did not know about bitcoin in 2009 but even I did, i would not have wasted 1 dollar in money which had no value at that time. I am being honest here.

No one is a fortune teller to know that bitcoin will be over 50K to 60K, If everyone knew this, wouldn't everyone have sold everything to buy bitcoins only in 2009?
sr. member
Activity: 1918
Merit: 268
20BET - Premium Casino & Sportsbook
October 06, 2022, 01:08:03 PM
#2
maybe if i know bitcoin since 13 years ago maybe i will take my savings in the bank to buy more because i believe the technology in bitcoin will grow rapidly and will be valuable, unfortunately i was introduced by my friend in bitcoin in 2016 ago and I joined this forum to get to know more about bitcoin and other cryptocurrencies, at least I'm not late and hold a little bitcoin in my wallet as a future asset, whoever bought bitcoin in 2009 and then he is the luckiest person and mr satoshi has more much of what we know, over the past 13 years bitcoin has really progressed well
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
October 06, 2022, 12:57:51 PM
#1
I found the below image online, this was exactly 13 years ago when the price of bitcoin was still as good as zero, it is seen on the table that exactly today, being the 6th of October, 2009(13 years ago), with $1, one could purchase BTC1,130.53...
I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed.
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?


EDIT: I found this article too really interesting to read - https://www.cryptodefinance.com/1300btc-worth-1dollar-new-liberty-standard/
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