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Topic: Do you Have Any Bitcoin Stories from a Decade Ago? (Read 369 times)

hero member
Activity: 2100
Merit: 546
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I've only heard about the story about the guy who bought two pizzas paying 10,000 Bitcoins ever since I came to know about Bitcoin, even the second story you mentioned is new to me because I've never heard about it. I do remember the time when I first came to know about Bitcoin, and since the price wasn't that high, people didn't really care much about how many Bitcoins they have and they were always eager to find a place where they can spend Bitcoins.

I remember I managed to earn about 0.5 Bitcoin only by doing micro tasks from websites here and there, I know that the value of 0.5 Bitcoin wasn't so high at that time but imagine having 0.5 Bitcoin right now or when the price went up to $69k, I didn't manage to keep any of it though but spent it all back then and I regret that all the time.
full member
Activity: 2590
Merit: 228
While one person paid 10,000 bitcoins (BTC) for two Papa John's pizzas another was paid 32 bitcoins to dress up in a crazy outfit and hold a sign that reads, "STOP THE FED! USE @BITCOINS!!!"


If I have been involved or at least has this knowledge that I have now in bitcoin back in those days? 10 years ago? then for sure I will be glad to pay even double of those amount just to show my support and love for bitcoin.

and also surely those days ? only few that do have that belief and trust that bitcoin will even rich 50 thousand dollars a piece .


..  I don't know his name. I'm interested to know what he decided to do with the bitcoins. Does he still possess them? When the story was published on the website, his bitcoin wallet was linked to the article, allowing anyone to offer him tips, and indeed, someone tipped him with one bitcoin.
even if this part seems to be begging or asking for bitcoin yet this is a good step as it was happened long time ago when there are plenty of people that does not give a dime to invest in bitcoin.
full member
Activity: 1834
Merit: 166
Well one of the story is about an individual who sold his Bitcoin of 10k to someone for a pizza, he is the loser here, he has accepted it going by his attitude during some of the Interview he has had.
Where did he mention that he is loser or something like that? I have seen him saying that he didn't regret it because he found it more suitable at that time to feed his family.The other user who got 10k Bitcoins also sold it for normal profit only.They didn't know it will turn this big so there is little sad feeling about it but don't think he's loser as he used it for the actual purpose.
jr. member
Activity: 412
Merit: 3
The matter of whether he still holds those bitcoins until the 2018 bull run, if he holds them it's a fortune enough for him to have a pretty decent life, but how many people can afford it? belief in bitcoin at that time???
jr. member
Activity: 412
Merit: 3
The matter of whether he still holds those bitcoins until the 2018 bull run, if he holds them it's a fortune enough for him to have a pretty decent life, but how many people can afford it? belief in bitcoin at that time???
legendary
Activity: 2492
Merit: 1145
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I don't have a remarkable  story but a horror experience back then when I transfered my bitcoins to a wrong wallet address. It was my horror story back then when I lost my bitcoins by sending it to wrong wallet address and  not getting it back to me. Instead of being a well known story, it became my life lesson to double check everything before doing a transaction. I remember the time that it made me regret and having an anxiety attack because of that mistake. I will not forget that day and the lesson it leaves me.
member
Activity: 532
Merit: 13
It is good to know that Bitcoin is gaining recognition day after day, especially among the younger generations. I don't have any Bitcoin stories from the decade but at least I've been on this forum for the last five years and I have read many threads and subjects about those who accepted Bitcoin and some who lost their best time selling and buying their bitcoin.
hero member
Activity: 770
Merit: 538
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Well, the case of purchasing pizza with Bitcoin is usually the most remarkable event of Bitcoin, which is always recognised and observed by the forum; apart from that, every other event didn't matter much. That's my opinion. Also, there are other little events, like the parents who named their son Bitcoin, the first person to buy a cup of coffee and pay with Bitcoin. Someone who rented an apartment and paid in Bitcoin, but most of these events are not so recognised. For me, I have spent my first Bitcoin to purchase a thing, but it's not been up to a decade.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺
hero member
Activity: 3038
Merit: 617
It doesn't matter, the reason why all these stories are making a come.back now is because Bitcoin have better value compared to past years a d some sold for a penny while few held as if they knew that Bitcoin is going to beat gold in terms of value one day, I am happy for them and they leave those who sold too earlier in a pot of regrets, I am glad I am not one of them but it's a good lesson to learn something from.

Even we who sold coins back in 2017 have regrets about not buying BTC back at $3k. Theymos has his own story AFAIK since he sold a few BTC at a price of cents.  It was 13 years ago when he sold 160 BTC. https://bitcointalksearch.org/topic/13-years-ago-theymos-sold-160btc-at-0003-per-1-lowest-price-ever-recorded-5441173

but Lazlo is the most celebrated though because he became famous which is the reason for the creation of Bitcoin pizza day. These stories will go to the history books is there will be one author who will list them all.  Grin
sr. member
Activity: 812
Merit: 315
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It doesn't matter, the reason why all these stories are making a come.back now is because Bitcoin have better value compared to past years a d some sold for a penny while few held as if they knew that Bitcoin is going to beat gold in terms of value one day, I am happy for them and they leave those who sold too earlier in a pot of regrets, I am glad I am not one of them but it's a good lesson to learn something from.
hero member
Activity: 2212
Merit: 805
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Perhaps you can add to these stories the story of the British young man named James Howells, who was storing Bitcoin on a hard disk, then forgot about it and threw it in the trash.

This guy accidentally dumped about 8000 bitcoins in mid-2013, worth about 225$ million today. After that, the price of Bitcoin rose, and he searched through tons of garbage, but unfortunately, he found nothing. Although he did put together an $11 million plan to get it back.

https://www.businessinsider.com/james-howells-threw-away-bitcoin-dump-masterplan-get-back-2022-7

I read about this story some time in the last year. I heard majority of the money ($11M) he put together to seek out his lost bitcoins were loans. Very tragic for him. Whenever I read about some of early bitcoin stories like this, I tend to think it's not their fault and that none of the early users of Bitcoin would've believed the price will move from having zero to no value to being worth several thousands of $ now. Really fascinated. This is why I try to keep my old wallets safe. You'd never know  because anything can happen in this crypto space.
member
Activity: 560
Merit: 18
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If there is no personal story about Bitcoin yet.. But I read a story of a man who sold all his possessions from his house, and all the things he used in the house in exchange for what he sold, he bought Bitcoin, ultimo He sold his socks just to buy Bitcoin in the belief that its value would increase. I'm not sure what year I heard about this, but maybe between 2013-2016, his story is terrible, he just lives in his tent. For sure someone also knew what I was saying.
sr. member
Activity: 1078
Merit: 342
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Quote from: bittraffic link=topic=5458981.msg62516860#msg62516860
1st place: $500
2nd place: $250
3rd place: 150
4th: 100
5th:   25BTC

I know it will not happen anymore but if they organize a tournament again, participants might likely want BTC for the champ.

Lol,  Grin if this were to happen now, I would probably make sure I hit the 5th position, like who gives a Dem about 500$ for 1st position.

Well this really shows how people devalued Bitcoin back then and saw no future for it. Imagine the person who got the 5th position, must have hated him self. He probably would have sold the 25 btc or rather gave it out to someone as free gift.
True, he probably sold his 25 BTC or gifted them to someone but he could have also held onto them until now. Who knows? I mean, it's unlikely to have happened but there's a chance it could happen!  Grin

Imagine if 25 BTC were worthless back then and couldn't be compared to $500, and now 25 BTC is worth $755k which can't be compared to $500 right now. That's how the future could be different and that's why you should believe in Bitcoin.

To be honest, I used to have a Bitcoin app on my Android account 5-6 years ago, and I used to earn a lot of satoshis through it, like around 300k satoshis per day which is a lot of money now. 😄 It was a game with a concept of a famous flappy bird game.
hero member
Activity: 1400
Merit: 623
I believe the Story of Taihuttu Family is most iconic story for me because this happened when I'm new in the Bitcointalk forum and many believe that time that he is crazy because he sold everything for Bitcoin and let his family live on a very simple environment. Their sacrifice that time is already worth it now since they do that crazy investment gamble when Bitcoin is 900$. I think they are so rich now since they still hold their asset the last time they made interview last 2021.

Source: https://www.thenationalnews.com/business/money/2021/08/17/this-family-sold-everything-they-owned-to-invest-in-bitcoin-when-it-was-900/

Also remember the story I'm already here when the news about them came out. I think he knew exactly what he is doing and most probably he trusted someone who he took advice from. Getting all in BTC though is very risky but they did it and live in a bus after it. Not sure how things are after every bear market, I only hear some news about the family every bull run.

Hope they stay safe all the time. They are popular and if someone with intentions to rob them, it could be impossible to be vigilant all the time. 

The bad thing about this story is he was completely doxxed including his family since his story was published on popular news outlet before. Even if they are not holding their crypto holdings, They can always be in danger of losing it all once they are threatened by potential robber worst kidnapper. I just hope that they start using their crypto now so that they can enjoy their life changing investment and at the same time to have a better security.

legendary
Activity: 2072
Merit: 4265
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There is another more stupid story when those who mined 13 bitcoins did not know where to use them and simply threw them away. It's unbelievable how people couldn't find uses for them, and instead of just forgetting about them for a while, Bitcoins were destroyed. One can only guess what kind of regret people feel when they make such a stupid mistake.

How WIRED Lost $100,000 in Bitcoin . We mined roughly 13 bitcoins and then ripped up our private key. We were stupid—but not alone.
legendary
Activity: 3808
Merit: 1723
About a decade ago I met someone who was big on Bitcoin. I think the price was $200 or something. He sent me some bitcoins to test out. I didn’t really do much with them and me and that individual stopped talking because work got in the way. I asked when he will sell Bitcoin and he said $10000 and I called him crazy.

Then when Bitcoin went to $10000. I wanted to know if he actually sold at $10000 but turns out he sold it all for $600. Feel bad for him since shortly after it breached $10000.
sr. member
Activity: 1582
Merit: 279
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when reading stories about bitcoin in the past decade it is very difficult to accept the fact when the value of bitcoin has increased as it is today, and those who have spent so much bitcoin at that time replaced it with pizza or clothes then this will make their past very bad and will be hard to forget, so when I got to know bitcoin, I was really careful both to save and to spend the bitcoins that I have, because the stories of the past decade will be the most valuable lessons, and now it's hard to find stories like that because bitcoin users already know that bitcoin is very valuable.
legendary
Activity: 1974
Merit: 1150
It feels refreshing reading stories from the past. This actually instills hope.  Is there any other story you have heard about bitcoin from the past? Share with us.
I once read a message posted on FB that was probably written in the early years of bitcoin. Of course it was a short message aimed at convincing everyone to collect as much bitcoin as you can now and you will earn big profits in the future.

I don't know how many people ignored the message and how many people believed in the possibilities that were to come. But the fact is, everyone who has ever read the message will regret the decision to ignore it because bitcoin has gone beyond anything one could have ever imagined. I arrived late in 2018, but I managed to experience how valuable bitcoin is as an investment asset.
hero member
Activity: 868
Merit: 737
..  I don't know his name. I'm interested to know what he decided to do with the bitcoins. Does he still possess them? When the story was published on the website, his bitcoin wallet was linked to the article, allowing anyone to offer him tips, and indeed, someone tipped him with one bitcoin.
Sorry if I'm wrong, but when I read this, I feel that he try to beg for money with his drama. I don't believe that if he got 1 bitcoin with his story because as I know many more tragic stories out there but no one to mourn that. So, when we talk about a story, I believe almost us here have a sad story in the past. I don't go far away, in 2018 I have 0.5 btc where i bought it on $4K, then I sold it in $8K on 2019, yes I got profit, but still regret right?, because in the next and next year, the price is going to $60K. where I should be profitable 20x.
hero member
Activity: 2338
Merit: 757
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I do not know if I can be considered one of the first enthusiasts of Bitcoin, since I have known it since 2014, and since that time I have been supporting it. I did not have funny stories when dealing with crypto in general, except that the price always went up a lot immediately after I sold my bitcoin savings.  Cheesy
But I remember that I was surprised that some of my friends knew about Bitcoin before me, including those who used it, but they did not continue their support for it, nor did they share this new knowledge with anyone. Some of them regretted that and admitted that they did not imagine that the situation would reach the way it is today.
So do I. I've been here since 2014 and had very limited to zero knowledge regarding cryptocurrencies; my only exposure was through faucets, from which I acquired my first Bitcoin. Some of which were in my possession until a few years ago, when they were sold during COVID-19 quarantine and repurposed to be used for staking purposes, which was extremely popular and profitable during that period. I'm not sure if I regret repurposing that money because Bitcoin skyrocketed a few months later, but generally, I find it almost impossible to hold for such extended periods; eventually, you'll be tempted to sell.
Your post helped me remember a point that could have been a funny story that happened to me, which is that compared to the majority of beginners in the 2014 period that started with faucets, I was probably one of the few who started practicing mining using asic machines and spondoolies. That was how I introduced crypto to me, after a friend sent me mining machines to run in my country since the cost of electricity is less and my house at that time was kind of isolated in a way that the sound of the machines did not disturb the neighbours. The funny thing is that I stayed for a long time, thinking that these machines work for banks to conduct transactions between them. Lol  Cheesy
It took me some time to understand what those machines were doing with their annoying sound, since I'm not a computer specialist at all.
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