Bitcoin started in 2009 | Bitcointalksearch.org

Sophokles

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Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

How many people knew Bitcoin in 2009 and how much was it worth in 2009?

If someone bought Bitcoin in 2009, is that buyer rich now?

Bitcoin now stands at 26,893 and was it lower in 2009?

Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?

In Bitcoin's early stages, most of its holders were developers and some nerdy people who understood its potential at the time. Still most of them sell their holdings after few years because no one knew bitcoin would be at this current level one day. If someone has been holding bitcoin since 2009 then he must be a lunatic and he saw the future in his dream. Most of the people who sold or lost their bitcoin early now regret their decision.

Franctoshi

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I only know of a friend who bought some Bitcoin when it was around 1$ and has almost sold it all, he currently holds only 1 BTC out of all. And from his story, he said a lot of people including him did not believe Bitcoin back then would be worth anything today let alone this much today and a lot of them sold at some point, even from his narration the 1 BTC he owns today happens that at some point he lost access to the wallet that holds the Bitcoin but later recovered it when he saw Bitcoin hit $20k before the last bull market.

HONDACD125

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Quote from: Out of mind on October 17, 2023, 07:41:24 AM

Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

How many people knew Bitcoin in 2009 and how much was it worth in 2009?

If someone bought Bitcoin in 2009, is that buyer rich now?

Bitcoin now stands at 26,893 and was it lower in 2009?

Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?

When Satoshi Nakamoto created Bitcoin in 2009, very few people knew about Bitcoin. And then there was no value of Bitcoin, but zero was the price of a Bitcoin. But since Bitcoin was developed, the price of Bitcoin has started to increase.

Of course, the person who sold in 2009 is now much richer and has profited. When the Bitcoin market started to gain momentum, people trusted and invested in Bitcoin, and at one point they became successful. The person who bought the bitcoins at that time has now profited by millions.

At this moment in 2023, the Bitcoin market has reached over $28,000. But in 2009, the price of Bitcoin was so low that people weren't buying, but after 14 long years, the demand for Bitcoin increased. Day by day more and more people are jumping on Bitcoin and the demand is increasing, I think Bitcoin will gain more popularity in the future.

Because I didn't know about Bitcoin in 2009 and 2010, and I didn't know anything about Bitcoin. So I don't have any stories about that happening, but I read one story where a man bought two pizzas with 10000 bitcoins.

No one knew about Bitcoin in our country, but still many people are unaware of Bitcoin. However, there is no point in regretting the opportunity that has slipped our hands. The bear season is still going on and Bitcoin is still getting a good price, so I think investing at this time can still give us a good return in the future, but the difference is that in 2009 we could buy a large number of Bitcoin, and not everyone can afford to buy Bitcoin at the current price.

aysg76

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Quote from: Truthlovecoins on October 17, 2023, 11:06:57 AM

I only got to develop my interest in Bitcoin since last year when I found myself in a neighborhood where the story of Bitcoin never leave their lips. That's what led me here to learn more and possibly invest and trade with it, as well as make payments for purchase online.

So far, it has been an eye opener for me because I have got to know why Bitcoin is different from other altcoins or shitcoins as is fondly called and am still trying to understand and observe how the halving as I have learnt will happen next year.
Currently, Bitcoin is about $30k and it's way higher than it was , but though it is still expected to rise more, it offers more stability during market volatilities and trends, hence why it is more secure to invest in than other shitcoins out there.

The ATH has been around $68k during coinbase listing and all other stuff going on but after that we have seen huge dumps but still it's growing slowly with current prices trading around $28k.The next halving is around and if you don't know about it just check it online that could affect the prices more during the time so expecting some good returns but definitely it's best for investment purposes and if you how worthless those shitcoins are.

Truthlovecoins

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I only got to develop my interest in Bitcoin since last year when I found myself in a neighborhood where the story of Bitcoin never leave their lips. That's what led me here to learn more and possibly invest and trade with it, as well as make payments for purchase online.

So far, it has been an eye opener for me because I have got to know why Bitcoin is different from other altcoins or shitcoins as is fondly called and am still trying to understand and observe how the halving as I have learnt will happen next year.
Currently, Bitcoin is about $30k and it's way higher than it was , but though it is still expected to rise more, it offers more stability during market volatilities and trends, hence why it is more secure to invest in than other shitcoins out there.

reagansimms

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Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

How many people knew Bitcoin in 2009 and how much was it worth in 2009?

Not too many and cannot be mentioned in numbers, the point is that at that time Bitcoin was not as popular as it is today.
If you've heard of Papa John's Pizza, it was the first Bitcoin commercial transaction. At that time On May 22, 2010, the price of 1 Bitcoin did not even reach $1.

Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

If someone bought Bitcoin in 2009, is that buyer rich now?

Apart from Satoshi, Who was able to keep it until now since he got Bitcoin in 2009.
The past is very beautiful to remember, but it can never be turned back.

Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

Bitcoin now stands at 26,893 and was it lower in 2009?

What do you think, is it lower or higher?

Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?

Unfortunately at that time I didn't know Gadget, so I can't say anything here.

Out of mind

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Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

How many people knew Bitcoin in 2009 and how much was it worth in 2009?

If someone bought Bitcoin in 2009, is that buyer rich now?

Bitcoin now stands at 26,893 and was it lower in 2009?

Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?

When Satoshi Nakamoto created Bitcoin in 2009, very few people knew about Bitcoin. And then there was no value of Bitcoin, but zero was the price of a Bitcoin. But since Bitcoin was developed, the price of Bitcoin has started to increase.

Of course, the person who sold in 2009 is now much richer and has profited. When the Bitcoin market started to gain momentum, people trusted and invested in Bitcoin, and at one point they became successful. The person who bought the bitcoins at that time has now profited by millions.

At this moment in 2023, the Bitcoin market has reached over $28,000. But in 2009, the price of Bitcoin was so low that people weren't buying, but after 14 long years, the demand for Bitcoin increased. Day by day more and more people are jumping on Bitcoin and the demand is increasing, I think Bitcoin will gain more popularity in the future.

Because I didn't know about Bitcoin in 2009 and 2010, and I didn't know anything about Bitcoin. So I don't have any stories about that happening, but I read one story where a man bought two pizzas with 10000 bitcoins.

Tuturtinular

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Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

How many people knew Bitcoin in 2009 and how much was it worth in 2009?

If someone bought Bitcoin in 2009, is that buyer rich now?

Bitcoin now stands at 26,893 and was it lower in 2009?

Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?

I didn't expect there would be a question like this. For complete answers and graphs regarding Bitcoin price movements, you can use Google and you will find a long history of Bitcoin's journey from time to time.

If there is someone who has kept bitcoins from 2009 until now then it is clear that that person has become a very rich person. Because at that time the price of bitcoin was still very cheap so people who owned bitcoin at that time certainly held large amounts of bitcoin, maybe thousands of bitcoins.

But that's the past and we can't go back to it so it's better to forget it and create a new future with bitcoin because bitcoin will have a much better price in the future.

Mpamaegbu

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Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

How many people knew Bitcoin in 2009 and how much was it worth in 2009?

Your guess is as good as mine. Not many people, both here and outside this forum. I learnt it was worth less than a cent around that time.

Quote

If someone bought Bitcoin in 2009, is that buyer rich now?

Not all who bought Bitcoin then enjoys its present benefit in value. Many of the early adopters didn't know of wallet security and thus a lot of wallets were vulnerable and got easily hacked. Some lost their PKeys or access details and can't gain access till date.

Quote

Bitcoin now stands at 26,893 and was it lower in 2009?

That question shouldn't have been asked as the answer is obvious.

GeorgeJohn

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Some people have come across bitcoin when it was introduced and the thing is that some of them could not research and know that bitcoin is something I know quite well that will have such influence or will come and stay for long time, the part of reason while some do not invest in bitcoin when bitcoin was newly created is that Bitcoin is something I know that people that took the risk and invest in bitcoin due their research they performed in cryptocurrency and mostly in bitcoin knowing that if future is going to be a valuable asset zero their mind and invest in bitcoin.

odunybiz

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Quote from: Mayor of ogba on September 29, 2023, 08:46:34 PM

Quote

If someone bought Bitcoin in 2009, is that buyer rich now?

Op, at this time Bitcoin was not yet trading, but you could get it by mining it yourself. If anyone is still holding his/her Bitcoin from the year 2009 till date that person will be a rich soul by now because the Bitcoin price has grown from $0.0009 to $26k plus

Most people that mine it back then in 2009 must have sold it out before now. Humans are so patient like that and no one see it this way in the early years.

ZAINmalik75

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Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

How many people knew Bitcoin in 2009 and how much was it worth in 2009?

I did not know about BTC back in 2009 and talking about its price back 2009, not sure because there was no exchange at that time where we could trade BTC like we can trade now, but to be sure it you have to read the following thread where the first BTC trade were made, and the laszlo ho sold his 10 BTC just for 2 pizza was the first guy ever, and at that time, the price of 2 pizza like maybe around $40 the thing is after reading the thread you will see the trade happened in 2010 which means till 2010 there was no price for BTC.

I might be wrong here, but after that trade in 2010 things started to change and BTC started to get value.

Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

If someone bought Bitcoin in 2009, is that buyer rich now?

Of course, he will be rich, but I don't think that in 2009 there was any BTC trade might happened because only miners were making BTC.

Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

Bitcoin now stands at 26,893 and was it lower in 2009?

Yes, it was lower.

348Judah

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Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

How many people knew Bitcoin in 2009 and how much was it worth in 2009?

If someone bought Bitcoin in 2009, is that buyer rich now?

I will suggest two response for you louder in this kind of enquiry you're asking about, it's either you first go about to research on bitcoin history, and the bitcoin pizza, secondly, try to followup with the discussions on this thread and read on the links recommended concerning that.

Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

Bitcoin now stands at 26,893 and was it lower in 2009?

Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?

Try go by the chart history of bitcoin price ever since inception to date, you will discover that bitcoin have started from nothing to where it was today, while it had attained it's all time high of $68,000 if you can invest in it today and wait till later end of 2024 you could understand better.

If you're looking for a digital currency that is most reliable in cryptocurrency, then you're lucky to discover one and the only one which is bitcoin, it's value always increases.

sunsilk

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Quote from: menisandcoins on September 29, 2023, 08:11:30 PM

There is still a 4-year delay in buying Bitcoin, but why don't you keep your BTC and get rich because you sold it at the time. And now that you are hold with it, you will be a rich man with a happy life. If nothing else, we must not follow it anymore. Bitcoin makes you rich and rich, makes our lives happy.

It's easy to say that we should hold and sell at the right time but that's the challenge when we're holding and trying to look for the right time to sell. That's the goal of many investors and that's to become rich and we're all looking forward for that day to come that the Bitcoin we'll be selling is on an ATH price.

And why some can't keep their BTCs? It's because of some events in our lives that we've got no choice but to sell. We can always buy back when the price goes down but if you'll check some older news, there have been whales as what we call them that are still up-to-date holding Bitcoins.

I am not that someone who bought that early but I'm happy despite not being that much rich, maybe the next years would be my lucky years although I am not in a hurry and I want to take it slowly but surely.

Poker Player

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Quote from: decodx on September 29, 2023, 05:22:15 PM

Use google and other search engines to learn more about the history of Bitcoin if you are interested in such things. You can even explore old posts on this forum dating back to that time.
...

Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

Bitcoin now stands at 26,893 and was it lower in 2009?

What do you think?

I understand that this is B&H but I do not predict a promising future in this forum for someone who asks such simple questions. Anyway, I don't want to sound too unwelcoming but I would recommend the OP to have more initiative to find out things, especially the basics. Then when he has more basic knowledge he can ask more questions and learn more on the forum.

Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?

I found this question interesting and I think the summary is given by EFS. A lot of people got Bitcoin in the early years and are not billionaires. They just sold at peaks or had pressing needs for money, and when Bitcoin was trading at pennies, that getting to $1 seemed like an unattainable milestone, whereupon a lot of people sold when they got to that figure, and when it got to $10, and to $100.

Those who took a longer view and were able to hold a good amount for a couple of cycles today are multi-millionaires but those are a few.

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Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

How many people knew Bitcoin in 2009 and how much was it worth in 2009?

Very few people knew about it.

Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

If someone bought Bitcoin in 2009, is that buyer rich now?

Only if he managed to hodl up until now, which I don't think many managed to do. What you have to understand is that people in those early days were able to mine hundreds if not thousands of bitcoins every day so when price reached couple of dollars, it made sense to sell.

Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

Bitcoin now stands at 26,893 and was it lower in 2009?

What do you think? Roll Eyes

Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?

Unfortunately not. First time i heard about bitcoin was late 2013 and I thought I was too late so I focused on alts initially and only later I realised my mistake.

cryptoaddictchie

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Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

If someone bought Bitcoin in 2009, is that buyer rich now?

Definitely yes. Many users have become rich since they bought bitcoin ar a very early price. I think cents only or couple of dollars. Imagine buying 10k units of bitcoin at that price and sold it during the bull run with price of $64k, a lot of money and those people arent gonna get poor never again. I knew some people who did and they are literally swimming on money and have a lot of investments and properties.

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Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

How many people knew Bitcoin in 2009 and how much was it worth in 2009?

I don't know how many people knew about Bitcoin in 2009. Life in 2009 and life in 2023 have changed in many aspects. If in 2023 70% know bitcoin and 30% don't know bitcoin, it could be that in 2009 the percentage will be the opposite.

Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

If someone bought Bitcoin in 2009, is that buyer rich now?

Depends. If the buyers who bought bitcoin in 2009 still haven't sold it — if they have, it's not certain they know the wallet's private key or seed phrase.

Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

Bitcoin now stands at 26,893 and was it lower in 2009?

The current price for me, who only knew Bitcoin when I was a baby, is more expensive than the price in 2009.
Instead of being curious, use a search engine on the internet and find the price. Some have provided links to view prices. Make good use of it to find the answer.

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It's about time we stop romanticising the past events and how much one would have made if they bought Bitcoin at that time and they are selling now or at the last all time high.

Rather than focusing on the now in Bitcoin and appreciating how far it has come, how much it has advanced and yet how much it has managed to stay the same in terms of the features it posseses and the fundamentals of it. This is very remarkable of itself and should be the focus onmf every current investor.

Do not look back to the last 14 years but look forward to the next 14 years, cause if you can't see that far ahead now, then you will not be able to have seen that far ahead in 2009.

nakamura12

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You can say that the price of BTC at that time is very low. Try checking the history of Bitcoin where two pizza are bought using BTC. It's in early stage where Bitcoin is still mined before it is used by many people to this day. Why are you interested in knowing the price of BTC wt that time when there's nothing you can do about it and you will only know the price. You should focus more on today's price rather than before.

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