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Topic: IF YOU BOUGHT $5 OF BITCOIN 7 YEARS AGO, YOU’D BE $4.4 MILLION RICHER - page 4. (Read 2749 times)

hero member
Activity: 588
Merit: 541
no one can see the future so far as to be, in every stage of development will be difficult and the important thing here is who is patient enough to wait until now
This is a wrong statement mate, with Bitcoin everyone can see the future very clearly as everything is already available publicly.

You have a difficulty adjustment embedded in the code which makes the block time averagely 10 minutes every 2016 blocks.

You have a 21M total supply, with only 100M users you could estimate the future price, what is there that is not transparent about Bitcoin?

This is the first time in human history that we have a predictable system by it's own design, it was made this way on purpose.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
And if me grandma had balls she'd be me grandpa.

I'd love to know the number of people who held from then until now. I'd guess you could probably fit all of them on the top floor of a bus with room to spare.
full member
Activity: 238
Merit: 100
Well, it was 2010 7 years ago, Bitcoin was about a year old, the community was small, no-one really knew about it beyond those involved in the project, or at least they never thought about it. It makes sense that having purchased $5 of something that was essentially unknown at that point would make someone millions of dollars richer after a few years, assuming that the asset kept growing, which happened in Bitcoin's case.

I wish I knew about it before 2013, but that's life. Won't miss out on opportunities like this in the future.

Same here I wish I knew about it before 2013 too but life goes on. Chances of getting another opportunity like that will be small because the market is flooded with too many coins.
sr. member
Activity: 389
Merit: 251

Well, now this time is gone, and (how it was said in few posts there ) dont miss your opportunitys in live, be brave, perhaps this 5$ Undecided investment will be 4.4$ profit in the future Cool
full member
Activity: 278
Merit: 115
GIF by SOCIFI
no one can see the future so far as to be, in every stage of development will be difficult and the important thing here is who is patient enough to wait until now
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
Oh look, it's a shill article for Etoro, the extremely shady platform for people to copy others' trading.

They play on people's greed to try and get them to invest stupid amounts of money in Ether, or whatever the hype of the time is.  During the ETH pump and all the way up to $400, they were showing ads all over the place saying "will ETH follow Bitcoin"?

Meanwhile, their Trustpilot reviews show just how well they're handling their users' money.

I hate how some sites make articles like this talking about your investments decisions in order to lure you into giving them money.  Just stop talking about this shit already, we all know we lost an opportunity.

I know Mt. Gox and BitInstant were around
Mt. Gox started in July 2010.  The price of BTC back then was still extremely low, but not the crazy proportions they're talking about in this article.
sr. member
Activity: 476
Merit: 255
Yeah, craziness. Although you'd have a higher likelihood of using your easy-to-acquire Bitcoin to buy something silly at 1,000 a piece. And imagine how easy it was to mine back then. I know Mt. Gox and BitInstant were around but mining was so easy and the reward for each block won was 50BTC, would have made it easy to rack up a significant balance. You'd just have to hope that holding on for dear life would be something you valued above anything else!
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
We've seen many articles about "if you buy bitcoin few years ago, you'd be rich now". I think there's no point about regret the past since bitcoin have big potential and bitcoin price could rise even further if the community is solid and we still could become rich in future.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
No sense in regret, what is use of it. It's like you say if I only chose this number I would win the lottery. Back then no one couldn't predict for sure how the Bitcoin would develope. And even if you bought Bitcoins at that price who says that you would keep them so long.
Let's look for the future and what can we do now, not what could have happened in the past.
legendary
Activity: 1218
Merit: 1007
Well, it was 2010 7 years ago, Bitcoin was about a year old, the community was small, no-one really knew about it beyond those involved in the project, or at least they never thought about it. It makes sense that having purchased $5 of something that was essentially unknown at that point would make someone millions of dollars richer after a few years, assuming that the asset kept growing, which happened in Bitcoin's case.

I wish I knew about it before 2013, but that's life. Won't miss out on opportunities like this in the future.
sr. member
Activity: 406
Merit: 253
And to me it's like the opposite. The more people will look back the more will want to earn and the demand for bitcoin will grow. From this you earn all the users and without loss we will survive the events of August 1.
full member
Activity: 238
Merit: 100
why go so far away back in time like this? it just makes everyone feel regretful in my opinion. lets stick to more recent events.. for example if you had bought any amount of bitcoin about 7 months ago, you would have more than doubled your money already! Cool

Your spin on it makes sense but unless you look back you cannot learn from mistakes and guide for the future. That is my opinion.
legendary
Activity: 3472
Merit: 10611
why go so far away back in time like this? it just makes everyone feel regretful in my opinion.
lets stick to more recent events.. for example if you had bought any amount of bitcoin about 7 months ago, you would have more than doubled your money already! Cool
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