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Topic: I am the poorest early adopter in the world (Read 5135 times)

legendary
Activity: 1148
Merit: 1000
January 19, 2015, 10:08:09 AM
#77
I usually read news a lot online while at work and in 2010, the word 'Bitcoin' popped up a few times but I dismissed it every single time without ever trying to find out how it worked or even what it was really about lol. If I'd taken a few minutes to read up on it, I would definitely have invested $30 - $50  Sad It was only in late October 2013 that I finally got irritated enough with the word 'Bitcoin' to find out what the fuss was all about  Cheesy
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist

Technically speaking, I guess this makes me an early adopter. I was into bitcoins and even obtained some while the prices were still in the single digits. But with only 75,000 satoshis to show for it, I must be the poorest early adopter in the world. Sad

lol that sucks, i made mistakes not buying @ $50 myself.  If the price keeps dropping we all going to be poor again.

It depends if you count your wealth in USD or in Satoshis
I for example am very happy with these lower prices.
I'd never thought I got an extra chance to buy some (convert to new money system) at a discount!
sr. member
Activity: 406
Merit: 250
AltoCenter.com
Well I thought I was the poorest till I saw your post. I recovered some of the data from last year and I recovered about 120000 satoshi last month.
newbie
Activity: 52
Merit: 0
Nice job! Just buy a bit at a time...
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
Cool story, keep looking forward though. Dwelling on the past rarely makes the future better.
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
Cool story, keep looking forward though. Dwelling on the past rarely makes the future better.
legendary
Activity: 2461
Merit: 1058
Don't use bitcoin.de if you care about privacy!
I bought 210 BTC for $6, 40 BTC for $80 and 35 BTC for $110 and invested all the 285 BTC at the orginal Silk Road for drugs.

Didnt felt bad at the time, had alot money these days and was pretty bad addicted and stoned. Felt great, had domestic SR vendors. Spent BTC got drugs delivered via mail in under 24 hours. Was a great time.
Also in my stoned & uninformed mind, I always thought price couldnt go bigger then $100/coin, that would be the absolut max. :-)

Was later REALLY, REALLY annoyed when price moved to $1000. (Obvious cuz 285 * 1000= $285000) Feel way better now with price at $200. Doesnt feel like so much wasted money. Wink

What also makes me feel better today, that its sure now that Bitcoin is no good crypto asset and will never go to $10.000 / coin or $500.000 / coin , which are values we all dreamed about in 2012 und and 2013.

A new better, TBD crypto assset will go the moon, but not Bitcoin. That's good.

Well, that explains a lot...
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
Technically speaking, I guess this makes me an early adopter. I was into bitcoins and even obtained some while the prices were still in the single digits. But with only 75,000 satoshis to show for it, I must be the poorest early adopter in the world. Sad

I'm sorry you feel it that way and I can understand how it must have felt. But you're still better than this guy:
https://bitcointalksearch.org/topic/recently-recovered-an-old-zero-balance-wallet-belonging-to-myself-916785

You do not have many Bitcoins because you did not accumulate them. That guy accumulated thousands of them and then lost all of them. Today you're both same 'rich'.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Do you always follow authoritative figures?

We don't even know who nick szabo is, thermos ripped off the community and turned every single bitcoin forum to shit...not the best sources for "investment" tips.

This forum is only "shit" for those who have not eyes to see nor ears to hear.

I only "follow" authoritative figures when their motivations, goals, and ideology are roughly congruent with my own.

Szabo is such a figure, and has been since long before BTC was a thing.

We don't need to know his Real Name, only that we are not worthy to be suckers on his tentacle.

Biographies do not matter.  Only the code and our plan matter.

Didn't you notice the lead Cryptonote dev's familiar initials?

Nick Szaberhagen has a posse...   Cool
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
I bought 210 BTC for $6, 40 BTC for $80 and 35 BTC for $110 and invested all the 285 BTC at the orginal Silk Road for drugs.

Didnt felt bad at the time, had alot money these days and was pretty bad addicted and stoned. Felt great, had domestic SR vendors. Spent BTC got drugs delivered via mail in under 24 hours. Was a great time.
Also in my stoned & uninformed mind, I always thought price couldnt go bigger then $100/coin, that would be the absolut max. :-)

Was later REALLY, REALLY annoyed when price moved to $1000. (Obvious cuz 285 * 1000= $285000) Feel way better now with price at $200. Doesnt feel like so much wasted money. Wink

What also makes me feel better today, that its sure now that Bitcoin is no good crypto asset and will never go to $10.000 / coin or $500.000 / coin , which are values we all dreamed about in 2012 und and 2013.

A new better, TBD crypto assset will go the moon, but not Bitcoin. That's good.
hero member
Activity: 886
Merit: 1013
I found out about bitcoin in my cryptography class at uni about 4 years ago. The teacher was showing us algorithms and what not. I got interested for about 10 minutes(I think its value at the time was 9 cents). I missed out too.

I don't think anyone missed out. Not even the ones who still own $1000 coins.

I'm also not sure why people can't comprehend the word "volatile".
member
Activity: 112
Merit: 10
★Bitin.io★ - Instant Exchange
I found out about bitcoin in my cryptography class at uni about 4 years ago. The teacher was showing us algorithms and what not. I got interested for about 10 minutes(I think its value at the time was 9 cents). I missed out too.
member
Activity: 98
Merit: 10
Haha seriously. Everybody kicks themselves for not getting in sooner. Think back to when everyone cpu mined bitcoin... Roll Eyes
legendary
Activity: 2198
Merit: 1014
Franko is Freedom
Buy now. Then just wait.

And come back in 2020, you will see people posting in this forum "sh*t, I heard about bitcoin in 2015 when it was only ~300$, and now it is more than X0'000$". etc. etc.

Very unlikely in 5 years.

Have you not been paying attention what was btc worth 5 yrs ago?
legendary
Activity: 1064
Merit: 1000
Don't worry, if the price drops, we can all be early adopters!  Cheesy

The price seems to have stabilized though, at around $200 a coin.
Q7
sr. member
Activity: 448
Merit: 250
At the rate price is dropping we'll soon all have the chance to become early adopters. At the moment, price remains almost stagnant and is showing the sign we all observed before it took a plunge. Keeping my fingers crossed here that it doesn't happen again.
hero member
Activity: 886
Merit: 1013
I don't remember Nick Szabo "constantly" pumping Ethereum.  All he did was tweet about it a couple of times AFAIK.  That's enough to impress me.

As for Monero, both our gracious host Thermos and BTC coredev GMaxwell declared its ring signature technology to be interesting.  And it hasn't even begun to fill its niche...

But yes, there are many shitcoin pumps; that's why I did my DD and developed filtering criteria to create a whitelist for quality projects.

Since you are "tired" please take a nap and stop being such a cranky baby!   Smiley



Do you always follow authoritative figures?

We don't even know who nick szabo is, thermos ripped off the community and turned every single bitcoin forum to shit...not the best sources for "investment" tips.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Dont be sad, get in Monero (XMR) its actually better overall than Bitcoin and has great chances of repeating its success, its also cheap.

lol. Where do these imbeciles come from?

I can't speak for kazuki49, but I come from the first generation to grow up in the milieu produced by the first wave of cypherpunks and Extropians.

Monero and Ethereum are the next steps in Szatoshi Nickamoto's long-term plan to free humanity from death and taxes, so we may reach the stars.

From where do you 'Buttcoin sucks because fake internet nerd money' Negative Nancy types come?  Some miserable, shitty country behind the Iron Curtain?

Funny that we both registered on the same day!   Cheesy

I'm coming from a dimension where people got tired of constantly listening to shitcoin pumps.

Ethereum is not even released, and monero is perfectly tuned to stay in a niche.

I have never said that bitcoin sucks btw, I prefer to use it over any of my other options.

I don't remember Nick Szabo "constantly" pumping Ethereum.  All he did was tweet about it a couple of times AFAIK.  That's enough to impress me.

As for Monero, both our gracious host Thermos and BTC coredev GMaxwell declared its ring signature technology to be interesting.  And it hasn't even begun to fill its niche...

But yes, there are many shitcoin pumps; that's why I did my DD and developed filtering criteria to create a whitelist for quality projects.

Since you are "tired" please take a nap and stop being such a cranky baby!   Smiley

hero member
Activity: 518
Merit: 500
Hodl!
but I know i'll never be rich from Bitcoin at sub 10 BTC.

Settle for less than 10BTC then, and stand with your legs open in case someone important feels like kicking you in the nuts again, wouldn't want to piss them off by making it difficult.  Wink
hero member
Activity: 672
Merit: 503
I think for all the people that made a killing off of cryptocoins, we also have a lot that almost did, or just missed out on it.
Well this is what always happen. Pyramid scheme which is what all how all wealth distributions look like.
Unfortunately we all missed the boat unless 1 coin goes to like 100K, and I have more hopes of something like MaidSafe being more rewarding to invest than invest in Bitcoin at this point. I will still hold what I have but I know i'll never be rich from Bitcoin at sub 10 BTC.
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