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Topic: IF YOU BOUGHT $5 OF BITCOIN 7 YEARS AGO, YOU’D BE $4.4 MILLION RICHER - page 2. (Read 2749 times)

hero member
Activity: 661
Merit: 502
Haha, everyone's rich in hindsight.
member
Activity: 88
Merit: 10
▬▬ CARE 4 ME ▬▬ ▧
Correct, and if you used Gavin's old faucet that paid 5 bitcoins per claim, You would be a millionaire if you claimed a bunch of claims, Of course we are looking in hindsight now, since there is no way people accurately predicted bitcoin to rise to $3000 at that time (in a reasonable and evidence-based way not random predictions).
member
Activity: 75
Merit: 10
It is easy to say things after the fact. If you game heads or tails. "I should have said heads not twils then I would be rich" easy to say after it happened. I think most people who still have bitcoins from then forgot about them. Or just though it is not worth selling them all so sold some at a time.

I want to know how many people this happened to. Very interesting bit we can never know. It is fin to guess.  Roll Eyes
hero member
Activity: 672
Merit: 500
I think such topics are useless because it make people just feel regret about their previous behaviors. Instead i think the best thing is working for the future and holding as much as we can of bitcoins, and altcoins.
hero member
Activity: 1330
Merit: 569
But the issue here in essence is that not many people bought 7 years ago that still have their lot till today. Those who were lucky to have bought then, would have sold if not all larger percentage of what they have in the various ups and down that have been witnessed in the last 7 years so in essence tracing back memory lane, there is hardly any one who would have bought at 5$ and would be that rich today. We might have but will be very scanty.


I've known about Bitcoin for so long but never actually thought about investing in it. I regret my decision, but I'm in it now and and I still see huge potential for it. I believe that in the next 7 years it'll make huge gains.

If everybody had known then we would all have been rich... Dont stress it, you are not the only one.
full member
Activity: 191
Merit: 100
very few people actually believed in bitcoin when price was this low but this is good motivation for most of us that missed this chance to become millionaires by investing in bitcoin now! Fingers crossed hope it wont take another 7 years to make peoples dream become a reality

I think it is smart to just try to buy 1000 - 10000 coins of all cheap coins which have a good usecase.
I am personally doing this on ETH, ETC, Dash, Zcash, accumulating slowly on the dips (like the ones 2 days ago)

legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
very few people actually believed in bitcoin when price was this low but this is good motivation for most of us that missed this chance to become millionaires by investing in bitcoin now! Fingers crossed hope it wont take another 7 years to make peoples dream become a reality
sr. member
Activity: 756
Merit: 253
That's  incredible and it also saddens my heart that I didn't take the hints rather seriously when I first heard of Bitcoin then. I might have been a self made millionaire too.
full member
Activity: 238
Merit: 100
I don't think a person who bought $5 of bitcoin could have waited until bitcoin gets $2,500 or above. The person who bought for low prices, would probably sell it after he gets x2 or x5 let's say.

As you said most people probably would have sold their bitcoin shortly after buying them when they gave a good price
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
It is too far away from the current time we are into right now. But if that is the real equivalent of bitcoin for the current time, it is such a great upset that we are unable to buy some as you say 7 years ago. But it is no doubt right now because bitcoin is still pumping its price a great indication that bitcoin is still improving its price value as time pass by.
member
Activity: 156
Merit: 10
I don't think a person who bought $5 of bitcoin could have waited until bitcoin gets $2,500 or above. The person who bought for low prices, would probably sell it after he gets x2 or x5 let's say.
full member
Activity: 191
Merit: 100
Every single bitcoiner that haven't discover/bought btc by that time is thinking the same way. All, are full of regret that they could be rich by now. Well, we can't turn back in the past. Just work harder and smarter in crypto so that you can still achieved being rich.

I expect btc to sky rocket if the 1.8 changes go through without a hickup..
legendary
Activity: 2058
Merit: 1015
Every single bitcoiner that haven't discover/bought btc by that time is thinking the same way. All, are full of regret that they could be rich by now. Well, we can't turn back in the past. Just work harder and smarter in crypto so that you can still achieved being rich.
hero member
Activity: 2632
Merit: 833
That's true, but none could have thought that bitcoin gives such an increased profiting in such a short time period. In the same people who understood it in a better manner invested into bitcoin and had made them to be millionaires. Recently too an young boy who invested into bitcoin years back became a millionaire just because of bitcoin.

Correct, who would have thought that wayback 2011 that bitcoin price will go this further? No one, but for some who by chance or who is a visionary saw that bitcoin price will go strong in the future that's why they bought it. I guess, its not late for most of us to invest in it and so that we see our money go generate good returns. And I think this really serves us all that we should really invest early to reap the benefits in the future.
legendary
Activity: 3248
Merit: 1070
not really true, you would end up selling those way before the current pump, guaranteed, because for example with 10k bitcoin, at $100 each you are already tempted to sell, let alone from $100 to $1000

it's very hard to hold all the way to the current era, very few people would have done it, the majority would have dumed at $100 or even less
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
I wonder how many people will look back at Bitcoin in 2025 and say, "If I only bought some bitcoins at $2300 back in 2017" I would have been a multi-millionaire now. We always have some excuse not to do something, when we have the window of opportunity to do it.

What will your excuse be now?
full member
Activity: 364
Merit: 101
If you bought 7 years ago and lost your hard drive only to find it today, otherwise, if you bought it 7 years ago you would have sold it 6 years ago
hero member
Activity: 994
Merit: 502
That's true, but none could have thought that bitcoin gives such an increased profiting in such a short time period. In the same people who understood it in a better manner invested into bitcoin and had made them to be millionaires. Recently too an young boy who invested into bitcoin years back became a millionaire just because of bitcoin.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
that's what I have been saying when a ~$7 simply turns into ~$90 in 2 years you know what huge potential bitcoin has. and the good part is that we have not yet seen even the smallest percentage of the bitcoin's total potential. there is a lot more room to grow into. as more adoption happens and the demand for bitcoin which is very scarce, increases the price will only keep rising.



you can also see the 1 in a million stats over the years here: https://bitcointalksearch.org/topic/1-in-a-million-updated-for-2018-6-1790863
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
If you have a large capital, I think there is nothing wrong buying some bitcoin as a big investment, but keep in mind that some problems will happen on August 1 do not make you worry about your investment, so think it back
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