December 2009 | Bitcointalksearch.org

Wiwo

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Quote from: robertcarlyle on January 29, 2025, 02:09:42 PM

Would it have been realistic for anyone to buy 1000 usd worth of bitcoin on new liberty standard exchange back in December of 2009? If so, but how? If not, why not? How to pay for this amount back then? Credit card, debit card, bank account? How could they buy this much bitcoin?

If you want to rewind the time to 2009, this question is irrelevant now, but just for the record way back in 2009 not many believed that Bitcoin would reach this current price so many may not have taken it seriously even though they had the opportunity to buy at that time, $1000 is not too much money for some at that time so some will risk while others will just speculate.

Just like new developments and assets that are getting developed that cost less than Bitcoin in 2009 at the current time, some will take advantage to buy and wait for a decade to see what becomes of their little investment while others will just trash the opportunity.

Stalker22

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Quote from: robertcarlyle on January 29, 2025, 07:35:55 PM

Someone told me that to determine this is by the money invested divided by price of btc at the time of purchasethen x the current price of btc. Im using an online calculator but it gives me an error message!

I dont know what you need an online calculator for. Its simple math, Im sure you could figure it out.
But please, I would appreciate it if you could refrain from posting such topics in the future. If you continue to post questions that are pointless or irrelevant, I will have to report them to the moderators. I dont want to do that, but I will if necessary. It could even lead to your ban if you continue to spam the forum.

NotFuzzyWarm

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Quote

And also the OP has made more than one topic related to this, so it becomes ambiguous, why did he do that, isn't it better to ask in one post only.

Which is why I hit the Ignore button for him and I suggest everyone else do the same until he learns to stop spamming the Forum with the same damn question over and over or at least bothers to reply to the answers he gets.

avp2306

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Quote from: ? on January 30, 2025, 08:46:27 AM

Quote from: Ambatman on January 29, 2025, 02:17:57 PM

Are you planning on going back in time to 2009?

It is not possible to go back. I would go back if possible. P

Its sarcasm post and don't take it seriously for sure @Ambatman know that its impossible to go back from the past. There's no technology has been invented yet to make it happen.

But for sure many people would like that idea to happen since looking at the price way back 2009 and now we can see that every holder that manage to hold their Bitcoin became if not Multi Millionaires they became Billionaires with what Bitcoin achieve now.

Guess nothing will happen if OP will always think about the past and better he should buy Bitcoin now and hold it for more years or until he retires then see what will happen to it if he experience the same with OG's on Bitcoin.

?

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Quote from: Ambatman on January 29, 2025, 02:17:57 PM

Are you planning on going back in time to 2009?

It is not possible to go back. I would go back if possible. P

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Quote from: nullama on January 29, 2025, 06:14:27 PM

Wouldn't make any sense at that time, since you could simply download the Bitcoin client into your Windows machine (at that time the vast majority of people used Windows), and simply click on "Generate Coins" and wait.

Every roughly ten minutes you might be getting 50 BTC.

Not much incentive to put $1,000 for BTC at that time, for example when the two large pizzas were trying to be bought, it was actually hard to find a seller, and laszlo actually asked if he was offering too little.

As absurd as it sounds, only those who understand the future potential of Bitcoin will buy it, partly because the medium to buy Bitcoin is not as easy as it is today.

While most others would think, what's the point of buying Bitcoin?
You could get Bitcoin for free in a variety of ways at the time, and it wasn't uncommon for someone to get Bitcoin just by watching commercials, because at the time Bitcoin had no value that could be called valuable.

And also the OP has made more than one topic related to this, so it becomes ambiguous, why did he do that, isn't it better to ask in one post only.

seoincorporation

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It was imposible to buy that amount of bitcoin at that time, Just ask your self, how many bitcoin were mined at that time, and what was the bitcoin price at that monent. In december of 2009 the only users with a descent amount of bitcoin to sell $1k was satoshi, and looks like selling was never an option for him.

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Quote from: robertcarlyle on January 29, 2025, 07:35:55 PM

Someone told me that to determine this is by the money invested divided by price of btc at the time of purchasethen x the current price of btc. Im using an online calculator but it gives me an error message!

you have been trying to get an answer to your exact same scenario since october 2024..
.. 3 months and you have not worked it out for yourself. and in the MANY TOPICS you open to discuss the scenario, people have been correcting you and giving you answers and you are still not happy

i have no clue why you are obsessed with this one subject matter that has been asked and answered already
please just stop. you seem to not want answers and instead want to create a false narrative you think will be picked up by search engine crawlers

usually this kinds of nonsense is a primer of scammers, whereby they(you) as alt-account-A ask a question and then as the sequel act they(you) as alt-account-B suggest that they(you) did buy within scenario parameters but somehow their(your) wallet is broke and they(you) are willing to sell it to someone(or other known scams) pretending they(you) are worth $billions

robertcarlyle

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Someone told me that to determine this is by the money invested divided by price of btc at the time of purchasethen x the current price of btc. Im using an online calculator but it gives me an error message!

franky1

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Quote from: robertcarlyle on January 29, 2025, 02:09:42 PM

Would it have been realistic for anyone to buy 1000 usd worth of bitcoin on new liberty standard exchange back in December of 2009? If so, but how? If not, why not? How to pay for this amount back then? Credit card, debit card, bank account? How could they buy this much bitcoin?

the first notable purchase of bitcoin was laszlo pizza and a different exchange in 2010
new liberty standard advertised a price and offered paypal as a payment option but bitcoin history talks not of anyone buying from NLS at that rate but rates in 2010 from other methods

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Quote from: robertcarlyle on January 29, 2025, 02:09:42 PM

Would it have been realistic for anyone to buy 1000 usd worth of bitcoin on new liberty standard exchange back in December of 2009? If so, but how? If not, why not? How to pay for this amount back then? Credit card, debit card, bank account? How could they buy this much bitcoin?

you have already asked what it would be like to buy bitcoin in 2010 now in 2009 if you were curious you could have just asked in one post no need to make multiple ones about it and at least put it under one thread only mate

i do not know why you are asking this if not for curiosity

NotFuzzyWarm

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Quote from: Stalker22 on January 29, 2025, 05:56:18 PM

@robertcarlyle, you are spamming the forum again. Why is that?

How is this topic different from the dozen other topics you have opened over the past few months?

He apparently has some fixation on it. Maybe that is when he was born?

nullama

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Wouldn't make any sense at that time, since you could simply download the Bitcoin client into your Windows machine (at that time the vast majority of people used Windows), and simply click on "Generate Coins" and wait.

Every roughly ten minutes you might be getting 50 BTC.

Not much incentive to put $1,000 for BTC at that time, for example when the two large pizzas were trying to be bought, it was actually hard to find a seller, and laszlo actually asked if he was offering too little.

Stalker22

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@robertcarlyle, you are spamming the forum again. Why is that?

How is this topic different from the dozen other topics you have opened over the past few months?

Aanuoluwatofunmi

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Quote from: robertcarlyle on January 29, 2025, 02:09:42 PM

Would it have been realistic for anyone to buy 1000 usd worth of bitcoin on new liberty standard exchange back in December of 2009? If so, but how? If not, why not? How to pay for this amount back then? Credit card, debit card, bank account? How could they buy this much bitcoin?

I will suggest to you to first read about the first bitcoin transaction made, then go as well to making research about the first exchange to ever exist, information about all these are there online, you don't need to worry yourself about trying to ask questions as if you're in an exam hall, every information needed can be fetched from just a single search, make use of the forum search engine and discover more about this.

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Are you planning on going back in time to 2009?
If so, say Hi to Satoshi for me.

robertcarlyle

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Would it have been realistic for anyone to buy 1000 usd worth of bitcoin on new liberty standard exchange back in December of 2009? If so, but how? If not, why not? How to pay for this amount back then? Credit card, debit card, bank account? How could they buy this much bitcoin?

Topic: December 2009 (Read 160 times)