Bitcoin at $50k: Looking back at the price perspective

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Quote

10 years ago..

Quote from: imperi on July 09, 2011, 05:30:37 AM

Quote

Some people here believe the true value of Bitcoins is under $5, and if the inflationary wall at $10 could be breached then it would plummet further. Basically would you sell everything to save what little value you have left?

Quote from: Chick on July 09, 2011, 05:35:08 AM

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Anything lower than 10, I buy buy buy...

10 years later..

Quote

Anything lower than 10,000,000 I buy buy buy...

https://bitcointalksearch.org/topic/m.56581970

Expecto

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Quote from: peter0425 on March 24, 2021, 06:40:19 AM

Lol it always frustrate me seeing back the price of Bitcoin when i already introduced earlier about this coin yet i give no care.

It is the same here. I can't help but think about buying some Bitcoin then and I would be a millionaire or even a billionaire now. There are many people who are regretful about it now. But I think it will always be the same for Bitcoin. I mean that we aren't late to make it again in the future. Because we don't know what level Bitcoin price will manage to reach the highest.

lifeforcepools

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This is temporary and we all understand it. Expect another price rise.

tygeade

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Nothing you will say will bring back those old days. Those days have passed and Bitcoin is not going to drop that low again, but that doesn’t mean it’s over, you can start now and still progress.

Just look at last year, you might be lucky and also invested in the Bitcoin when it was around last year that the price was below $10,000, but there are people who never did or they didn’t have that chance to invest in Bitcoin at that time, but now look how the far the price has gotten to and I am very sure that so many people who didn’t get that chance in 2017 will be regretting that they didn’t do it by now. And there is sure going to be some of them who were lucky this time.

peter0425

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Quote from: cryptomaniac_xxx on February 18, 2021, 03:37:38 AM

Since bitcoin hits a major milestone at $50k, let's take a look back and see the price early.

http://newlibertystandard.wikifoundry.com/page/2009+Exchange+Rate

Just imagine how cheap it was back then, and now we are hitting $50k just like that.

Another nostalgic thread:

[OLD] Bitcoin Auction: 10,000.00 BTC --- Starting Bid 50.00 USD.

10k=$50, damn, those where the days.

Lol it always frustrate me seeing back the price of Bitcoin when i already introduced earlier about this coin yet i give no care.

Imagine 1$ = 999 btc?

damn if we only purchase 10$ back then now we are a billionaire lol.

Wawa2013

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2009 is indeed the best moment to buy Bitcoin at a very cheap price, but 2009 no one would have expected the price of Bitcoin to reach $ 61k in 2021.
I am sure even Satoshi Nakamoto would never have expected the price of Bitcoin to be as high as it is now. So if we remember the past is full of regrets, sometimes I fantasize that I can go back to 2009 with a time machine, and can buy as much Bitcoin as possible . Grin

Golftech

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Quote from: bobyhodob on March 24, 2021, 04:41:43 AM

I was very surprised at the start of Covid that the price of bitcoin was completely destroyed and made people don't want to jump into Bitcoin again but now the boom in bitcoin prices has jumped so high ahahaha

Before Covid the price already rising since halving was expected, it's just temporary been pause

or some just step out and think first for their securities before investing back, we do see now

that there are a lots of new investors who rides in and bring this new high.

Quote from: DatKing on March 24, 2021, 05:16:56 AM

While we were talking about the price going up to $50k, the price already set a new ATH at a price over $60k in just one month. And it was really great to see. In this covid-19 period, this boom could be one of the best things for people who have had Bitcoin. Grin

With the demands of online transactions, Covid did bring more people around this market there's no looking back now.

DatKing

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While we were talking about the price going up to $50k, the price already set a new ATH at a price over $60k in just one month. And it was really great to see. In this covid-19 period, this boom could be one of the best things for people who have had Bitcoin. Grin

Kittygalore

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Quote from: Zemomtum on March 23, 2021, 06:33:07 PM

This is lie changing. Emerging someone just invested 1USD back then and manage to hold it up to this time, that will be a financial turn-around. Digital currency is the future as it will alleviate poverty in many nations.

That is close to impossible because there are a lot of peaks along the way and knowing how human nature works, I think that that person who owns that amount of bitcoin could have already sold it at around the 10 USD, 100 USD because that much back then was already a lot of profit compared to the initial capital of 1 USD.

bobyhodob

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I was very surprised at the start of Covid that the price of bitcoin was completely destroyed and made people don't want to jump into Bitcoin again but now the boom in bitcoin prices has jumped so high ahahaha

isaac_clarke22

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Quote from: Zemomtum on March 23, 2021, 06:33:07 PM

This is lie changing. Emerging someone just invested 1USD back then and manage to hold it up to this time, that will be a financial turn-around. Digital currency is the future as it will alleviate poverty in many nations.

If I was like one of those people, I wouldn't imagine how much I hodl right now actually.
Imagine like one night being drunk then just not caring about how much you invested to Bitcoin then going up to this point.
I just can't imagine how much I reached already.
Although I could say that I could really have sold in 2017 if it did happen.

kotajikikox

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Quote from: cryptomaniac_xxx on February 18, 2021, 03:37:38 AM

Since bitcoin hits a major milestone at $50k, let's take a look back and see the price early.

http://newlibertystandard.wikifoundry.com/page/2009+Exchange+Rate

Just imagine how cheap it was back then, and now we are hitting $50k just like that.

Another nostalgic thread:

[OLD] Bitcoin Auction: 10,000.00 BTC --- Starting Bid 50.00 USD.

10k=$50, damn, those where the days.

Well Did not took more than a Month and the Price went Up to 60,000$ Grin

This is what I love in bitcoin more than every coins created , this always brings surprise to everyone even to those not supporting it and make them regret their decisions for not trusting from the very beginning .

though the value drops a little now https://coinmarketcap.com/currencies/bitcoin/ yet stabling at 50k is more than enough to be thankful.

sherryDEFI

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Looking back on the development history of Bitcoin, no one thought that the cheap Bitcoin would rise to $600k today. At that time, only a few people invested in Bitcoin, and some of them sold because of the sharp drop in price. There are not many people who can go to today and still have Bitcoin, so the opportunities will soon be lost like this. You need a long-term vision to seize the opportunity to realize the freedom of wealth! Grin

Jating

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Quote from: Zemomtum on March 23, 2021, 06:33:07 PM

This is lie changing. Emerging someone just invested 1USD back then and manage to hold it up to this time, that will be a financial turn-around. Digital currency is the future as it will alleviate poverty in many nations.

Just to be clear though, bitcoin was initially never thought to alleviate poverty or tip the balance of wealth inequality, it as design to be used for micro-payment scheme. It just evolved overtime and no one really thought about it being now as a store of value.

So I don't think that those who invested early, or bought at $1.00 hold it for so long. Maybe when they saw it was was giving them 5x-10x in the beginning, they have sold it already.

Zemomtum

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This is lie changing. Emerging someone just invested 1USD back then and manage to hold it up to this time, that will be a financial turn-around. Digital currency is the future as it will alleviate poverty in many nations.

Kelvinid

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win lambo...

Quote from: wiss19 on March 23, 2021, 12:59:54 PM

Imagine someone not investing in bitcoin because they thought that the price was very high last year and earlier this year at $10,000 price rate.

A lot of people used to say that it was late already to invest in bitcoin due to how high the price was at $10,000.

There were people who would come to me back then and say that they are interested but the price is high, and I will just tell them that if they are able to risk money in the market, they should invest that money at that $10,000. Only one guy was able to do that and now he’s happy he did listened to me and invested his money.

Because these people are too naive to think about the possible huge growth of Bitcoin, what they think is that the crisis will give a huge impact on the crypto market pushing Bitcoin to drop, instead of increasing value. And they are absolutely wrong, digital transformation has made the value of Bitcoin more than $10,000 and it continues to grow until reaches $20k, $30,..., until $62k.

If the pandemic still not resolve, no reason that Bitcoin will bounce back low to $10k, not anymore. Guaranteed nothing but the situation gives some room for the demand to grow, not to decline.

Hasan986

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Currently Bitcoin is 55 thousand. If Bitcoin goes down to 30,000 again. After that, I would say that by mid 2022, Bitcoin will reach 2.5 lakhs. This is a comment from many predictors and analysts.

Zilon

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This is really nice how about recent transactions ranging from 2019 till date. PR
Personally I love been convinced beyond reasonable doubt that you are real and legit .

wiss19

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Imagine someone not investing in bitcoin because they thought that the price was very high last year and earlier this year at $10,000 price rate.

A lot of people used to say that it was late already to invest in bitcoin due to how high the price was at $10,000.

There were people who would come to me back then and say that they are interested but the price is high, and I will just tell them that if they are able to risk money in the market, they should invest that money at that $10,000. Only one guy was able to do that and now he’s happy he did listened to me and invested his money.

Furious 7

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Quote from: k@suy on March 21, 2021, 08:44:51 AM

Quote from: aysg76 on March 14, 2021, 11:48:03 AM

Those who have Hold it when the prices were low to even $20k which was 2017 ATH are now in profit buckets because it's not easy to hold as it looks.They have invested at high or say peak prices but does it even matter at $60000 when they have 4* their intial investment without any extra charges in just 3 years of time.And the whales who were initial players in Bitcoin market in 2011 are now sitting on piles of funds with them and they are even investing now at the dips to gain profits.After 5 years you will be posting same picture with $60k as past memories and regretting not to invest at that time when prices will be at $200k per coin.So be part of it.

After 2017 ATH of bitcoin, it's market price dropped down to the lowest of more or less $3000 as i could remember it wayback middle of the year 2018-2019. And i do regret that i didn't take advantage the bearish trend of bitcoin at that time, well i didn't also expecting that bitcoin will make it up from its bearish to bullish and hitting a new ATH for as high as 200% than it was before. Now, all i can say that bitcoin was still on it's finest and bearish trend were not yet expected.

If everyone knew about it, there would have been many who took advantage of the bearishness when it happened at that time, what is clear at that time was in my mind there was a continuous frying of opinion on the bitcoin market even though they didn't know what the conditions would be in the future and now.

Even at the price of $30k, we are slow to take advantage of it because for me it is already the highest price but in fact not everything is going well even it can redeem x2 afterwards, so indeed ATH will continue to be achieved where conditions will continue to recover over time.

Is it worth investing in once the price reaches $60k? of course it's not too late and we still feel how bitcoin will grow again.

taufik123

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Quote from: Asuspawer09 on March 21, 2021, 09:24:59 AM

It was really ridiculous seeing these prices in the past years, I guess it's easy to sell at that time especially when you already at x10 or x20 at that time.

I mean no one would really think that the market price of bitcoin would reach 60k$ today at that time so only a very small percentage that really holds for a long time or maybe they just forget about that investment.

So practically when you buy bitcoin at that time it would make sense to sell when it's already too high I mean it's risky with just holding, we don't really know what could happen if the price would continue to pump in the future. I remember when I was just getting started at cryptocurrency price was around 400$ only if I just invested at that time, also one thing is I don't really have the money to risk or invest.

the price of $400 back then was already very high and imagine buying in 2009 and selling it now.
the current price of $60k is certainly a high price tag and would not have expected it to be like this.
I joined crypto and got to know bitcoin in 2016 and the price is still around $600- $700. being a holder will always win if you are sure.
$100k will probably be reached by Bitcoin, but it may not be that easy to hit the $ 100k price tag.

Bitcoin has a good future, the more it is adopted, the more it is known and trusted.

Investing several assets in bitcoin is certainly a good thing, the most important thing is that investment must use free money.

Asuspawer09

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It was really ridiculous seeing these prices in the past years, I guess it's easy to sell at that time especially when you already at x10 or x20 at that time.

I mean no one would really think that the market price of bitcoin would reach 60k$ today at that time so only a very small percentage that really holds for a long time or maybe they just forget about that investment.

So practically when you buy bitcoin at that time it would make sense to sell when it's already too high I mean it's risky with just holding, we don't really know what could happen if the price would continue to pump in the future. I remember when I was just getting started at cryptocurrency price was around 400$ only if I just invested at that time, also one thing is I don't really have the money to risk or invest.

k@suy

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Quote from: aysg76 on March 14, 2021, 11:48:03 AM

Those who have Hold it when the prices were low to even $20k which was 2017 ATH are now in profit buckets because it's not easy to hold as it looks.They have invested at high or say peak prices but does it even matter at $60000 when they have 4* their intial investment without any extra charges in just 3 years of time.And the whales who were initial players in Bitcoin market in 2011 are now sitting on piles of funds with them and they are even investing now at the dips to gain profits.After 5 years you will be posting same picture with $60k as past memories and regretting not to invest at that time when prices will be at $200k per coin.So be part of it.

After 2017 ATH of bitcoin, it's market price dropped down to the lowest of more or less $3000 as i could remember it wayback middle of the year 2018-2019. And i do regret that i didn't take advantage the bearish trend of bitcoin at that time, well i didn't also expecting that bitcoin will make it up from its bearish to bullish and hitting a new ATH for as high as 200% than it was before. Now, all i can say that bitcoin was still on it's finest and bearish trend were not yet expected.

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Quote from: vapourminer on March 14, 2021, 06:32:06 AM

Quote from: so98nn on March 13, 2021, 10:46:00 PM

Do you guys also get that angry feeling deep down there in your heart? Where you heart say "I wish I should have kept my bitcoins which I earned or bought back in the time?""
I think no matter how big trader you are or big investor you are, this feeling stays the same to all of us if you have already sold your bitcoin.
I know there is thing called as satisfaction, so if someone says I sold at 14k USD and made profits then it's fine.

BUT, today the price is so high that even such guy would say I wish I would have kept it. Don't know but honestly this is what is going on my mind right now.

[...]

Be honest, and tell me do you feel the same?

i sold a bunch years ago for around 12k usd. it allowed me to retire and pursue some dreams of mine years earlier that even my most optimistic projection.

do i regret that? NOPE. best thing i did from my point of view.

That is nice to hear. In general I don't think there is any use of regret and especially in case when someone managed to do some good things like you did .
I also sold substantial amount of Bitcoins years ago, maybe not at the most favourable price, however at that moment this helped me to solve some personal and family situation and now I look at this as a good move. I can't say that I don't think somethines what would have happened if I left some until now, but it's not a regret. I can say that Bitcoin could be very useful and helpful for everyone of us, at any situation, at any time, no matter the current price.

aysg76

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Those who have Hold it when the prices were low to even $20k which was 2017 ATH are now in profit buckets because it's not easy to hold as it looks.They have invested at high or say peak prices but does it even matter at $60000 when they have 4* their intial investment without any extra charges in just 3 years of time.And the whales who were initial players in Bitcoin market in 2011 are now sitting on piles of funds with them and they are even investing now at the dips to gain profits.After 5 years you will be posting same picture with $60k as past memories and regretting not to invest at that time when prices will be at $200k per coin.So be part of it.

In the silence

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Quote from: k@suy on March 14, 2021, 09:31:25 AM

Quote from: so98nn on March 13, 2021, 10:46:00 PM

Yeah those prices in 2009 or even in 2015-16 . . .

Do you guys also get that angry feeling deep down there in your heart? Where you heart say "I wish I should have kept my bitcoins which I earned or bought back in the time?""
I think no matter how big trader you are or big investor you are, this feeling stays the same to all of us if you have already sold your bitcoin.
I know there is thing called as satisfaction, so if someone says I sold at 14k USD and made profits then it's fine.

BUT, today the price is so high that even such guy would say I wish I would have kept it. Don't know but honestly this is what is going on my mind right now.

There was time when it was equal to my electricity bills now same bitcoin is equal to our house price and car EMI altogether. Lolz. Tongue

Be honest, and tell me do you feel the same?

How i wish i'd be able to make an investment at that time, looking back at the time where bitcoin was affordable and friendly to investors with not having a huge capital to used as an investment. Wayback at that year also bitcoin was one of cryptocurrency that was given for free not that high value enough but the mere fact that it was free was a good chance to grab on. Who would've thought that a crypto coin back then worth $999 will become a $59999 today.

No regret even the price went up after I sold my bitcoin years ago at $10,000. As long as I hold bitcoin, everything will gonna be alright. Stacking up kore at these $60k prices.

k@suy

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Quote from: so98nn on March 13, 2021, 10:46:00 PM

Yeah those prices in 2009 or even in 2015-16 . . .

Do you guys also get that angry feeling deep down there in your heart? Where you heart say "I wish I should have kept my bitcoins which I earned or bought back in the time?""
I think no matter how big trader you are or big investor you are, this feeling stays the same to all of us if you have already sold your bitcoin.
I know there is thing called as satisfaction, so if someone says I sold at 14k USD and made profits then it's fine.

BUT, today the price is so high that even such guy would say I wish I would have kept it. Don't know but honestly this is what is going on my mind right now.

There was time when it was equal to my electricity bills now same bitcoin is equal to our house price and car EMI altogether. Lolz. Tongue

Be honest, and tell me do you feel the same?

How i wish i'd be able to make an investment at that time, looking back at the time where bitcoin was affordable and friendly to investors with not having a huge capital to used as an investment. Wayback at that year also bitcoin was one of cryptocurrency that was given for free not that high value enough but the mere fact that it was free was a good chance to grab on. Who would've thought that a crypto coin back then worth $999 will become a $59999 today.

mbe48

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At that time I knew that bitcoin was a crypto asset, but I ignored it too much because back then it was still very vulnerable to the Ponzi system. But now Bitcoin can show anyone who doubts it, the more enthusiasts the higher the price. It's still not too late to start investing in bitcoin

Vishnu.Reang

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Quote from: cryptomaniac_xxx on February 18, 2021, 03:37:38 AM

Another nostalgic thread:

[OLD] Bitcoin Auction: 10,000.00 BTC --- Starting Bid 50.00 USD.

10k=$50, damn, those where the days.

The first time I am noticing this thread. I have heard about the BTC50,000 pizza, but no one told me about this BTC10,000 auction. BTW, no one took part in the auction, so it failed. The seller could not find any buyers and therefore the coins didn't changed the owner. Perhaps this is one of the rare occasions, where the seller would be thanking the buyers for refusing his product. Grin

vapourminer

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what is this "brake pedal" you speak of?

Quote from: so98nn on March 13, 2021, 10:46:00 PM

Do you guys also get that angry feeling deep down there in your heart? Where you heart say "I wish I should have kept my bitcoins which I earned or bought back in the time?""
I think no matter how big trader you are or big investor you are, this feeling stays the same to all of us if you have already sold your bitcoin.
I know there is thing called as satisfaction, so if someone says I sold at 14k USD and made profits then it's fine.

BUT, today the price is so high that even such guy would say I wish I would have kept it. Don't know but honestly this is what is going on my mind right now.

[...]

Be honest, and tell me do you feel the same?

i sold a bunch years ago for around 12k usd. it allowed me to retire and pursue some dreams of mine years earlier that even my most optimistic projection.

do i regret that? NOPE. best thing i did from my point of view.

Trinx01

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That was ay back in 2009 when bitcoin is not that too high and no one knows that bitcoin could reach as far as like this, imagine if you bought bitcoin the time for sure you are an instant millionaire right now but unfortunately I don't think that people bought bitcoin that time have waited for so many years before they sell it. Those who bought bitcoin at that time had sold their bitcoin when the price of it moves high even a little bit.

Natsuu

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Quote from: so98nn on March 13, 2021, 10:46:00 PM

Yeah those prices in 2009 or even in 2015-16 . . .

Do you guys also get that angry feeling deep down there in your heart? Where you heart say "I wish I should have kept my bitcoins which I earned or bought back in the time?""
I think no matter how big trader you are or big investor you are, this feeling stays the same to all of us if you have already sold your bitcoin.
I know there is thing called as satisfaction, so if someone says I sold at 14k USD and made profits then it's fine.

BUT, today the price is so high that even such guy would say I wish I would have kept it. Don't know but honestly this is what is going on my mind right now.

There was time when it was equal to my electricity bills now same bitcoin is equal to our house price and car EMI altogether. Lolz. Tongue

Be honest, and tell me do you feel the same?

Nah, Not feeling it, as I myself didn't have the motivation to ride that train way back that time.

I have informations regarding BTC way back 2014 but the idea of investing in it doesn't even cross my mind.

So no, I don't have any regrets and won't even try to convince myself that "IF".

Now, living to where I am now, I'm currently worried about how the price will move as BTC is reaching ATH in just weeks.

so98nn

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Yeah those prices in 2009 or even in 2015-16 . . .

Do you guys also get that angry feeling deep down there in your heart? Where you heart say "I wish I should have kept my bitcoins which I earned or bought back in the time?""
I think no matter how big trader you are or big investor you are, this feeling stays the same to all of us if you have already sold your bitcoin.
I know there is thing called as satisfaction, so if someone says I sold at 14k USD and made profits then it's fine.

BUT, today the price is so high that even such guy would say I wish I would have kept it. Don't know but honestly this is what is going on my mind right now.

There was time when it was equal to my electricity bills now same bitcoin is equal to our house price and car EMI altogether. Lolz. Tongue

Be honest, and tell me do you feel the same?

yazher

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As for me, it was fine because I never any access to the Bitcoin wallet or offer that year and all I've done was playing games on the computer every day. No one has ever told me about Bitcoin until 2015 when the price has already jumped up to more than $500 if I'm not mistaken and as a teenager, I can't afford it that time. The people who lost are those who had someone offered them those bitcoins when its price is so low and they didn't pay any attention, now there's no turning back again and all they can do is choose from any of the altcoins or invest in bitcoins anyway.

michellee

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$50 for 10,000 btc? If I knew the bitcoin price would be at a high price, I am willing to buy it instantly without thinking much, even if the price will be at $100 at that time. That was what happened in the past, and we can not back to that time, so I think that will be a history to us. Sometimes we underestimate something that looks not interested to us, but that thing can jump and really worth having it in the future. And that is happening with bitcoin because now, we already see how high the bitcoin price.

Shasha80

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It pains me to look back when Bitcoin prices were so cheap. And surely many people will regret not buying Bitcoin when the price is the same as
a cup of coffee. But we cannot return to the past, and must continue to move on to the future. Therefore, it's useless to regret what happened,
we have to look at the present and the future. So it's okay to start collecting Bitcoin from now, because if we look at the very rapid rise in Bitcoin.
It should be 10 years from now the price of Bitcoin is much more expensive.

TravelMug

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Quote from: Ultegra134 on February 20, 2021, 08:30:55 AM

I was convinced that it would surpass $50.000 and even reach $60.000, which is going to happen by any time. However, I did not expect this to happen so fast. One day I was observing the price at $45.000 and the very next day it surpasses $50k. I regret not buying more sooner, almost bought yesterday at $51.000 but ended up not completing the trade. Stupid me.

But you are a true visionary, bitcoin surpasses $60k in the last 24 hours. Grin

And now that we hit another milestone, and will probably in the next 10 years, we might hear a lot of people regretting that they should have bought it sooner (including myself). Others say it is expensive at $50k, but look at the jump, less than a month and now we are in $60k. So don't let this opportunity passes by, it's not to late to jump-in and wait at least the end of this year and see how our investment is.

best123

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The rise of Bitcoin was really a big surprise because many never saw it coming. I went to see a friend on Wednesday and he told that the only regret he has is never to buy Bitcoin last because he was having thousands of dollars. I told him, the bull run also overwhelmed me.
Our conclusion was buy crypto whenever you have the money, do not wait for the right time, now is always the right time.

hatshepsut93

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But who could have heard about Bitcoin in 2009 and 2010? No news sites have reported about it, even on social media no one mentioned it, it was known only to cryptography nerds. If you weren't on of them at that time, you would have very little chances to get to know about Bitcoin.

And it totally makes sense that Bitcoin started from zero, because it was a project developed for free by one person without any press-releases and marketing. Had Bitcoin been developed by a software company, its initial value could have been much higher.

lifeforcepools

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I am sure that the price will rise again. $50K is just the first step.

traderethereum

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Quote from: AakZaki on February 21, 2021, 01:03:28 PM

Quote from: traderethereum on February 20, 2021, 01:10:03 AM

No one will think about what happens to bitcoin until we see what is happening now.
We already read about many speculation and prediction about how high bitcoin can increase from a long time ago, and no one will guess that it really happens to us now.
Many people do not know about bitcoin, especially when the price is lower than $1, but soon after the price hit $19k a few years ago, some people tried to open their eyes and mind, and they see that bitcoin have potential to increase higher.
And now, they see by themselves that bitcoin really break $56k, something that we want to see from a long time ago.
But it will not stop here because I am sure the rally will still come again.

When the price of bitcoin touched the price of $ 19k at ATH 2017, it became a new historical moment for bitcoin and many people were interested in getting into bitcoin. After that, however, massive bearishness occurred which touched the $ 3k mark. this also made people start panicking about leaving bitcoin. We are here as the main cryptocurrency activists who understand the very high fluctuation of bitcoin prices. crypto carries a higher risk. prices go up and down it is common. Currently Bitcoin is making new history by breaking the price of $ 57,505. who would have thought bitcoin would reach that price. This is still ongoing and we will see together to what extent the price of bitcoin reaches its highest price.

That year, I guess many people were frustrated because of bitcoin price drops too deep and touched the $3k mark.
They can not believe what they saw, but that is happening in front of them, and many of them decide to quit bitcoin and leave it without coming back.
If we know about the risk at first, I am sure we will not play with the risk, and we will cash out our money at the highest price in 2017 and quit the market.
But that was already happening, and we can not just regret it without doing anything because I am sure we still have a bright future.

Quote from: 7788bitcoin on February 22, 2021, 01:31:54 AM

Quote from: traderethereum on February 20, 2021, 01:10:03 AM

Many people do not know about bitcoin, especially when the price is lower than $1, but soon after the price hit $19k a few years ago, some people tried to open their eyes and mind, and they see that bitcoin have potential to increase higher.
And now, they see by themselves that bitcoin really break $56k, something that we want to see from a long time ago.
But it will not stop here because I am sure the rally will still come again.

When bitcoin was released only a few knew about them and the publicity started when the price started to rally in 2012/ 2013 and when that happened there were many eyes on the market and i started during that time period and the reason many are late to the party is not because they are not interested it is possible that they are not aware and it is not that easy to comprehend something that is decentralized especially people who are in other financial markets.

We are regret because we are not involved in bitcoin for the first time, but that is enough for us because we can try from now on and start to earn more bitcoin while we can.
At that time, people do not see the benefits of bitcoin and still underestimate if bitcoin can grow from time to time, but bitcoin really proves that to us.
Until now, bitcoin already reach the big company, and some big companies already use bitcoin and invest their money in bitcoin, which is a bit too late for them.
We must use this time and not be late because I believe our time is not much to make more bitcoin.

rosebrand

full member

Activity: 784

Merit: 100

As of 2009 bitcoin wasn't popular, and the few who has the opportunity to own bitcoin never knew it will rise so high someday, there all sold at a cheap rate because there couldn't foresee the future, but as times goes on its value and popularity kept increasing, and today it above $50k. To many it's an opportunity lost but to me I think it's never too late because bitcoin will continue to hit more greater all time highs so the door is always open.

KuromaYoichi

sr. member

Activity: 756

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Sovryn - 300-500% APY on USDT Deposit

Back then no one knew or expected that bitcoin will reach this kind of price, i don't even know bitcoin until mid 2015 and i consider myself quite early to get into crypto. Even if i know bitcoin in 2009 i won't buy it until the first surge in 2012/2013 and then after the crash i would've sold all of my bitcoin anyway. But right now is different when crypto is quite popular and adoption is not a pipe dream anymore. Maybe in ten years we will look at another perspective when the price right now is considered cheap.

7788bitcoin

legendary

Activity: 2282

Merit: 1023

Quote from: traderethereum on February 20, 2021, 01:10:03 AM

Many people do not know about bitcoin, especially when the price is lower than $1, but soon after the price hit $19k a few years ago, some people tried to open their eyes and mind, and they see that bitcoin have potential to increase higher.
And now, they see by themselves that bitcoin really break $56k, something that we want to see from a long time ago.
But it will not stop here because I am sure the rally will still come again.

When bitcoin was released only a few knew about them and the publicity started when the price started to rally in 2012/ 2013 and when that happened there were many eyes on the market and i started during that time period and the reason many are late to the party is not because they are not interested it is possible that they are not aware and it is not that easy to comprehend something that is decentralized especially people who are in other financial markets.

Issa56

hero member

Activity: 1484

Merit: 928

Bitcoin have been in existence for the past few years, Bitcoin have been in existence since 2007 which the price was still very low. Lots of people don't know about bitcoin then there was no public enlightenment lots of people don't believe in Cryptocurrency they don't even know what cryptocurrency is all about.when bitcoin started the price was very low it was below $1 and people where not still buying because they don't know the use and they don't know this is how it will look in the future, with time bitcoin price started increasing and people started investing in it which lead to pump in price. Bitcoin that worth less than a $1 around 2007 now worth above $50k. And bitcoin is still going to pump more you can still invest now.

AakZaki

legendary

Activity: 2338

Merit: 1084

zknodes.org

Quote from: traderethereum on February 20, 2021, 01:10:03 AM

No one will think about what happens to bitcoin until we see what is happening now.
We already read about many speculation and prediction about how high bitcoin can increase from a long time ago, and no one will guess that it really happens to us now.
Many people do not know about bitcoin, especially when the price is lower than $1, but soon after the price hit $19k a few years ago, some people tried to open their eyes and mind, and they see that bitcoin have potential to increase higher.
And now, they see by themselves that bitcoin really break $56k, something that we want to see from a long time ago.
But it will not stop here because I am sure the rally will still come again.

When the price of bitcoin touched the price of $ 19k at ATH 2017, it became a new historical moment for bitcoin and many people were interested in getting into bitcoin. After that, however, massive bearishness occurred which touched the $ 3k mark. this also made people start panicking about leaving bitcoin. We are here as the main cryptocurrency activists who understand the very high fluctuation of bitcoin prices. crypto carries a higher risk. prices go up and down it is common. Currently Bitcoin is making new history by breaking the price of $ 57,505. who would have thought bitcoin would reach that price. This is still ongoing and we will see together to what extent the price of bitcoin reaches its highest price.

Ultegra134

hero member

Activity: 1750

Merit: 904

I was convinced that it would surpass $50.000 and even reach $60.000, which is going to happen by any time. However, I did not expect this to happen so fast. One day I was observing the price at $45.000 and the very next day it surpasses $50k. I regret not buying more sooner, almost bought yesterday at $51.000 but ended up not completing the trade. Stupid me.

In the silence

sr. member

Activity: 1297

Merit: 294

''Vincit qui se vincit''

Quote from: Dave1 on February 19, 2021, 11:34:54 AM

Quote from: lifeforcepools on February 19, 2021, 08:47:59 AM

This really opens up new prospects, but will the price be able to stay at this level?

That is the question in the beginning and you should know the answer by now. Although the growth will slow down, but it doesn't mean that in the next 10 turns we can't see the price double or even triple.

@veznata - I agree with what you say, it's more precious to hold less BTC today as compare in the beginning, as the supply dwindles the demand goes high.

It shows bitcoin's progress and growth by these memories wayback when bitcoin starts its journey. Today, we can't predict on how much does bitcoin's value will be because some of the investors are well known from their wealth. We can predict that bitcoin will rise high up more but we can't tell whether what will be its value today, tomorrow, and for the next year.

davis196

hero member

Activity: 3164

Merit: 937

Is this [email protected] email address still active?Probably not.
I wonder if anyone had bought Bitcoins using this service by paying with Paypal and then trying to chargeback the transaction.He must have been the fist Bitcoin scammer in the world.Getting lots of free Bitcoins with this scam and then selling them on the first crypto exchange platform.This actually isn't an option,because altcoins aren't invented in 2009. Grin

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Quote from: AakZaki on February 19, 2021, 12:30:38 PM

think and reminisce on the past and how cheap bitcoin is today. But who would have thought that bitcoin would hit the current price of $ 50k, no one would even have thought and predicted. When the price of bitcoin was still below $ 1 I still didn't know about bitcoin and had never heard of it. The past people who owned bitcoins until now are people who believe that bitcoin will be very useful in the future. Past holders of bitcoin would have a lot of cash today if they hadn't sold it all.

No one will think about what happens to bitcoin until we see what is happening now.
We already read about many speculation and prediction about how high bitcoin can increase from a long time ago, and no one will guess that it really happens to us now.
Many people do not know about bitcoin, especially when the price is lower than $1, but soon after the price hit $19k a few years ago, some people tried to open their eyes and mind, and they see that bitcoin have potential to increase higher.
And now, they see by themselves that bitcoin really break $56k, something that we want to see from a long time ago.
But it will not stop here because I am sure the rally will still come again.

Sithara007

legendary

Activity: 3346

Merit: 1352

Leading Crypto Sports Betting & Casino Platform

Quote from: AakZaki on February 19, 2021, 12:30:38 PM

think and reminisce on the past and how cheap bitcoin is today. But who would have thought that bitcoin would hit the current price of $ 50k, no one would even have thought and predicted. When the price of bitcoin was still below $ 1 I still didn't know about bitcoin and had never heard of it. The past people who owned bitcoins until now are people who believe that bitcoin will be very useful in the future. Past holders of bitcoin would have a lot of cash today if they hadn't sold it all.

When I first joined this forum in 2014, hardly anyone would have thought that Bitcoin would climb to such heights. For a while, I regretted about not entering the cryptocurrency market earlier. But that doesn't matter much now. I am almost at 100x profit, from the point where I made my initial investment. Theoretically, Bitcoin could go much higher. Fiat currency is rapidly losing its relevance due to governments overprinting it, and it is just a matter of time before assets such as Bitcoin and gold become the refuge for those who want to protect their wealth.

Janation

hero member

Activity: 1722

Merit: 528

Quote from: Casdinyard on February 19, 2021, 08:52:20 AM

Quote from: Janation on February 19, 2021, 08:29:37 AM

A lot of people are starting to regret their decisions again.

I am not an exception though because I didn't trust the process that much and thought that it would go slowly and carefully not until the price hitting 4 digit price then not paying attention to the price hitting 5 digit price. I wonder if there are a lot of investors that believed in Bitcoin, I think we will be at the 6-digit price mark now.

Regrets won't generate profit. What's done is done and we cannot bring back the time. The only way to cope up with the market nowadays is to focus at the present. The market value is now far from its price way back few years ago and if this gives doubt to the new ones, that's just natural. We just do not have the assurance on things regarding crypto market prices, and it is indeed scary and worrisome to invest at this point but what to do? An investor could wait 'til the price go down, and also, can take the risk to invest at this point. There' s no certainty so any action will be valid despite of the consequences.

That is just true.

We can't just bring back the losses of the past, it will always be there and the benefits from it that you will get is knowledge and experience. Looking at the price of the past and the price that we have now, we really hope that we could've invested earlier but no one knows what will actually happen. For now, we just knew that the price could reach such heights means that we should be positive about what it can do in the future.

AakZaki

legendary

Activity: 2338

Merit: 1084

zknodes.org

think and reminisce on the past and how cheap bitcoin is today. But who would have thought that bitcoin would hit the current price of $ 50k, no one would even have thought and predicted. When the price of bitcoin was still below $ 1 I still didn't know about bitcoin and had never heard of it. The past people who owned bitcoins until now are people who believe that bitcoin will be very useful in the future. Past holders of bitcoin would have a lot of cash today if they hadn't sold it all.

Dave1

hero member

Activity: 1414

Merit: 542

Quote from: lifeforcepools on February 19, 2021, 08:47:59 AM

This really opens up new prospects, but will the price be able to stay at this level?

That is the question in the beginning and you should know the answer by now. Although the growth will slow down, but it doesn't mean that in the next 10 turns we can't see the price double or even triple.

@veznata - I agree with what you say, it's more precious to hold less BTC today as compare in the beginning, as the supply dwindles the demand goes high.

crwth

copper member

Activity: 2940

Merit: 1280

https://linktr.ee/crwthopia

So keen to see how many people have believed in BTC and changed their lives for the better, and made millions for sure. This post changed many views for confidence, and many people might have been regretful with their actions but don't worry, it will be better. You will never know what could be next with the price of BTC.

I guess this is the time to change perspective and be motivated to grow and see crypto as a necessary currency for everyone.

Quote from: lifeforcepools on February 19, 2021, 08:47:59 AM

This really opens up new prospects, but will the price be able to stay at this level?

It will probably go up more.

Casdinyard

hero member

Activity: 2184

Merit: 891

Leading Crypto Sports Betting and Casino Platform

Quote from: Janation on February 19, 2021, 08:29:37 AM

A lot of people are starting to regret their decisions again.

I am not an exception though because I didn't trust the process that much and thought that it would go slowly and carefully not until the price hitting 4 digit price then not paying attention to the price hitting 5 digit price. I wonder if there are a lot of investors that believed in Bitcoin, I think we will be at the 6-digit price mark now.

Regrets won't generate profit. What's done is done and we cannot bring back the time. The only way to cope up with the market nowadays is to focus at the present. The market value is now far from its price way back few years ago and if this gives doubt to the new ones, that's just natural. We just do not have the assurance on things regarding crypto market prices, and it is indeed scary and worrisome to invest at this point but what to do? An investor could wait 'til the price go down, and also, can take the risk to invest at this point. There' s no certainty so any action will be valid despite of the consequences.

lifeforcepools

sr. member

Activity: 616

Merit: 253

This really opens up new prospects, but will the price be able to stay at this level?

scottsanderman12

jr. member

Activity: 154

Merit: 1

Nostalgia behind good moments is a fun thing to do, but dragging along a missed opportunity is destructive. Guys, there are so many opportunities ahead of us that you can’t even imagine!

Janation

hero member

Activity: 1722

Merit: 528

A lot of people are starting to regret their decisions again.

I am not an exception though because I didn't trust the process that much and thought that it would go slowly and carefully not until the price hitting 4 digit price then not paying attention to the price hitting 5 digit price. I wonder if there are a lot of investors that believed in Bitcoin, I think we will be at the 6-digit price mark now.

XavierLaurent

jr. member

Activity: 82

Merit: 2

Ahh, the good old days of humble Bitcoin community which wasn't filled only with profit in mind, no one compared BTC to gold and people had some bright future in mind and not waiting for the next crash.

Fundamentals Of

sr. member

Activity: 2380

Merit: 366

If I were in their shoes, I guess it would just be best both for my mental health and physical health to kill my emotion. Or else I would be losing sleep from the point Bitcoin went up as high as $100 until now that the price is already $52,000 and definitely in the future when the price will be more than $100,000.

What I am hoping in hindsight is that these people still have a lot of Bitcoins with them until today. Even if they have a hundred left, they could easily move on from their past mistake.

gurunanakji777

full member

Activity: 2184

Merit: 100

SOL.BIOKRIPT.COM

I am amazed to see the exchange rate history of bitcoin. I wish sometime If I came to know about BTC at that time and trust on it today I must be a multi-millionaire but those who keep trusting from the starting of the bitcoin are now financially free. 10K Btc in just 50 USD wow how lucky are those who held BTC from the beginning to date. But I must say it's not easy to trust new things from the beginning. Even today some people doubt the bitcoin potential. I know they will repent later by not trusting on BTC.

OscarDavidson

jr. member

Activity: 58

Merit: 1

Today we look at the price of Bitcoin in 2009 and regret we haven't bought some that time. But what about the future? What if Bitcoin will reach $500k in 2025 and we'll still be regret that we missed a chance a become richer? I think we have no time for considering Bitcoin investing or about the risks of it. We should do it right now because Bitcoin is already $50k and it looks like it's not going to stop at this point.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

If we talk about the past, not many people will know about bitcoin, and they do not search for more what it is bitcoin.
They do not even think that bitcoin prices can be like today because they have other income sources to guarantee them to make money.
If they know how big bitcoin potential in the future, they will try to buy as many bitcoin as they can, and they will hold it until today, so they can sell it at the highest price now, even for just 1 bitcoin because that is a lot of money for them.
But it already happened, and we can go back to the past, but we have time to earn bitcoin from now as we have many ways that we can use to earn bitcoin.

Similificator

sr. member

Activity: 882

Merit: 403

It truly is breathtaking if you think about it. Then a few seconds later regret comes in. lol, I really shouldve trusted my instincts back then. I never would've had such regrets right now. But then again, this was way back then and on my past self's perspective, bitcoin is still a shady thing and that it is used only by criminals on the darkweb. That was how dumb and uneducated I was about bitcoin. Had I thought about investing time on studying bitcoin instead of thinking where to invest my money, I would've been sitting on thousands of bitcoins by now. Oh well, that's life

Mr.right85

hero member

Activity: 1036

Merit: 674

Looking at that pre-stage of bitcoin and the growth it has attained now, one can hardly believe that, at a time, so many can be gotten for less. Choooooo, it's marvelous in my eyes.

veznata

jr. member

Activity: 80

Merit: 4

more than 10 years ago I was offered 500 bitcoins for solving math problem for $5 on Fiv*** (website). I declined. Later I regret about it but after some thinking came to the idea that it was for good. remember that no one holds that quantity for a decade. I have a friend who bought 1000 BTC for $1000 and later sold it around $2000. so 1K profit. You can make much bigger profit very easily if you just buy today and sell some hours later:).
so it is better to have 5btc bought in 2015 than 5000 bought in 2010. 10 years ago there were no exchangers neither serious wallets to keep your coins etc. so don't get me wrong but I believe buying EVEN today in fact is better than buying in 2010!

LogitechMouse

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Quote from: maxreish on February 19, 2021, 02:12:41 AM

Those investors who bought at that price, do still they manage to hold it until now? I doubt it. But then of course they sell it off at profitable price and rebuy bitcoin again.

If there are 100 early investors at that time, I think that only 1 or 2 have managed to hold it or possible none.

Nobody expected for the price of Bitcoin to reach this price except for those early adopters who knows a bit of economics. After all, it doesn't matter anymore if they are holding it until this moment or not as long as they got the profit then good for them. Its just very nostalgic indeed to see how much you can buy for a dollar.

Back at that time 2009, I was still on my primary school Cheesy

. If only I knew it at that time and held it until now then I would be lying in my bed the whole time

.

GreatArkansas

legendary

Activity: 2506

Merit: 1394

Quote from: maxreish on February 19, 2021, 02:12:41 AM

Those investors who bought at that price, do still they manage to hold it until now? I doubt it. But then of course they sell it off at profitable price and rebuy bitcoin again.
(.....)

If they don't have diamond hands, probably sold at very early. But profits are profits, there is nothing wrong for taking profits, especially those people or investor have a goal or price target that if a particular price reached, they will sell some of their holdings or sell all. And it will up to them if they will re-enter or buy again on specific prices since we saw a lot of volatility and huge dumps for the previous years since 2010.

maxreish

sr. member

Activity: 1330

Merit: 326

Those investors who bought at that price, do still they manage to hold it until now? I doubt it. But then of course they sell it off at profitable price and rebuy bitcoin again.

Honestly, I just met bitcoin way back 2018. If I knew it before like 2009 or even in 2015 I can also be one of those millionare by now, but then we can't go back to that time and just accept the fact that bitcoin certainly did a good progress from the day it was created until now. Price flactuations from the past up to this year encourage and attract new investors and hook the interests of those people who wanted to try this new kind of investment.

Kemarit

legendary

Activity: 3080

Merit: 1353

Bitcoin back then was a nascent technology, and I would say that in the next five years since it's inception, it is till unnoticed and people really didn't know what this technology is all about. Sure it has a price and can be traded and you can buy at a cheap price, but there's no such thing as HODL attitude.

So currently, we can just all look back in awe reaching that $50,000 and thinking that in the next ten years the price could go even higher just like what we have seen in the past.

Baofeng

legendary

Activity: 2576

Merit: 1655

Good to go back to those old days here and how everything really started and we wish we're here to witnessed the birth of bitcoin. Even in twitter, there are a lot of people posting their early experience in buying and then selling it because they didn't know how big it's gonna be 10 years later. The question is if we did discover bitcoin early, are we also going to sell and take profits? Really hard to say, but yeah I agree that it is somewhat nostalgic look back when we hit the magic number of $50K recently.

Lorence.xD

sr. member

Activity: 1624

Merit: 315

Leading Crypto Sports Betting & Casino Platform

This was back in 2009 though, we never knew that it will get this far and only a few know about bitcoin back then, it was still a talk underground and most people that were interested in bitcoin back then were programming and math people, not to mention that there are times that the people who bought those bitcoin in 2009 have sold it when it was around 1 USD or 1k USD because they didn't know that the prices will go up too. We can only imagine those what happened in the yesteryear, and this hindsight hopefully becomes a lesson to everyone that when an opportunity presents itself then you should grab it, not too late to get in the train because it is always open for everyone to hop in.

cryptomaniac_xxx

hero member

Activity: 1344

Merit: 540

Since bitcoin hits a major milestone at $50k, let's take a look back and see the price early.

http://newlibertystandard.wikifoundry.com/page/2009+Exchange+Rate

Just imagine how cheap it was back then, and now we are hitting $50k just like that.

Another nostalgic thread:

[OLD] Bitcoin Auction: 10,000.00 BTC --- Starting Bid 50.00 USD.

10k=$50, damn, those where the days.

Topic: Bitcoin at $50k: Looking back at the price perspective (Read 585 times)