If you had a time traveling machine, then? - page 7.

Wapfika

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Quote from: LDL on April 30, 2023, 07:01:42 AM

Martti Malmi sold 5050 bitcoins for $5 at a rate of just $0.00099 in 2009, setting the record for the lowest bitcoin sale in history.

Laszlo Hanycez made history by being the first person to buy a product at the lowest price in exchange for Bitcoin. He made history on May 22, 2010 by selling 10,000 Bitcoins for just $40-$45.

Our forum admin sir has sold his 160 bitcoins at a rate of only $0.003 on exchange for $0.48.

Is there a proof that these guys doesn’t buy back few years after they sold and Bitcoin pump? They still have time to buy lower price that time since Bitcoin gain most of its value after couple of years after they sold. I don’t follow them but there’s a high chance that they buy back on much lower price that the current price.

Quote from: LDL on April 30, 2023, 07:01:42 AM

Our forum admin sir has sold his 160 bitcoins at a rate of only $0.003 on exchange for $0.48.

Despite our admin sold in lower price, He has a continuous source of Bitcoin and selling is not that bad if he really needs the money.

If I can travel back, I will remember the winning number lotto combination for the highest jackpot in history then place bet on it then purchased 30% the supply of Bitcoin to leave some supply to others.

Ojima-ojo

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If I have time traveling machine, I could have travelled way back in time when Bitcoin was just a few cent and stock up thousands of Bitcoin for a few dollar and become a Bitcoin OG, but that won't happen any ways since their is no such thing as time traveling, so what we have left is the present Bitcoin price, and it's still a good time to purchase more Bitcoin because in the next couple of years to come, Bitcoin current price will become a low price to buy compared to what the price will be at that in the future.

Quote from: LDL on April 30, 2023, 07:01:42 AM

Martti Malmi sold 5050 bitcoins for $5 at a rate of just $0.00099 in 2009, setting the record for the lowest bitcoin sale in history.

Laszlo Hanycez made history by being the first person to buy a product at the lowest price in exchange for Bitcoin. He made history on May 22, 2010 by selling 10,000 Bitcoins for just $40-$45.

Our forum admin sir has sold his 160 bitcoins at a rate of only $0.003 in exchange for $0.48.

All those Bitcoin holders mentioned above, are Bitcoin OGs who have contributed significantly to the Bitcoin network, by testing it with their Bitcoin transactions at that early time when not many people believe in idea of Bitcoin, and there was a need for the network to remain active, just like the Bitcoin pizza story that has become a memorable first Bitcoin transaction, their all contributed one way or the other to making bitcoin value what it is today even though they exchange their bitcoins at a low price back then but the goal was the ability to use bitcoin for the transaction which was success anyways.

AHOYBRAUSE

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I wouldn't use the machine to buy btc or whatever, there is enough to go around I think. Everybody should still have the fair chance to make smart investment on an open market.

I would use it to make all the greedy and sometimes shady online casinos go broke, haha.

What better use of inside knowledge than using it against companies that enrich themselfes on the back of millions of addicted players.

With the proceeds of this I would use 99% of it to make the world a better and more fair place.

What else should be done obviously is preventing all those terrible attacks and so on that shaped our life in the past 30 years. And stuff way in the past as well obviously. Don't know though if we should should temper with time since "everything happens for a reason" .

Well, it's just some nonsense thinking anyway.

firesurfer

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The ultimate goal is just for the money. Why doesn't anyone think of bigger goals like killing the financiers that make up the Fed or telling Einstein not to create an atomic bomb or throw scientists vaccines to avoid the pandemic? translation in the past.
It will take a lot of analysis and evaluation to make a decision when there is a time machine. Maybe the appearance of the time machine is the biggest flaw and soon brings humanity to an end.

michellee

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If I could time travel today, I would go back to 2009-2011 and try to collect more bitcoins because, in those years, we could use mining and faucets and buy bitcoins at very cheap prices. Once I have a lot of bitcoins, I will leave them in my wallet and do other things and only come back after I check the market conditions.

Maybe someone regrets selling their bitcoins at a low price and maybe someone doesn't regret it. And now all we can do is keep trying to get more bitcoin before the price increases.

And there is no need to regret what we have done in the past because it has happened. But we still have a future that we can make to improve our future. And it depends on whether we want to make a better future, be like this, or don't want to have a better future.

ajiz138

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We are not Doeramon who have pockets of roaming machines to the past but still it will be history and cannot repeat itself.

There's no use thinking about the early days of bitcoin because at that time most people didn't know about it, maybe now that the price is soaring higher there is a lot of interest from the community so bitcoin is getting stronger.

If the price of bitcoin already has a low price and can reach the highest price why don't we hold it from now on and then save it for a long time, we can't even predict the price of bitcoin can be even higher.

Cantsay

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This is just a means to pounder on the past and I'm sure nothing good is going to come out of this, the only thing you're going to see is people wishing and saying how they'll would do this and do that but yet still not taking any action whatever to change their present situation.

I don't believe in time travel so I'd be blunt with my reply, if we are to search this forum you'll see that in the past they were several threads where users wished they had the opportunity to go back to when Bitcoin was $25,000 or below but if you're to asked them if they were able to stash some Bitcoin when the price of Bitcoin reduced drastically they'll confirm they didn't.
So why bother to go back in time when they couldn't or won't do anything in the future? It seems we're forgetting that what we do today will be part of what makes up the past in distant time.

tabas

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Well, it's obvious that all of us want to go back during the time that bitcoin is priced in as centavos and, we'd buy for sure a lot of it and will just have to wait until the right time comes to sell and we'd all be millionaires or even billionaires. But, I don't want to dwell in the past anymore and I know that this is just a situation discussion but then we should be moving on and it's hard to get stuck in the past and have all of those regrets get us reminded on where are we during those great times.

Bananington

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Quote from: LDL on April 30, 2023, 07:01:42 AM

Those who traded Bitcoin at that time are now only regretting it

They may not be regretting it, at that time when they sold their bitcoins, I am sure that they were not really concerned about the price it was sold, they were just happy that they could sell it, and someone bought it. They do not sell all the bitcoins they had, just some. The fact that someone could buy would have encouraged them to get more.

Quote from: LDL on April 30, 2023, 07:01:42 AM

those who bought and held Bitcoin at that time, it is amazing to think how much their fortunes have changed today.

It is possible that their fortunes did not change. Many of them may have lost it because they did not know how important bitcoins will be today, it is also possible that they have squandered it. Only a few people who bought bitcoins then when it was cheap are doing better.

paid2

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If we had a time machine, I'd make sure I didn't start smoking, and then I wouldn't have to spend tens of BTC on smoking stuff bought on the internet for a few years. Grin

More seriously, it doesn't make much sense, the idea of the time machine. In any case the price would have changed drastically if someone had come along at that time with a knowledge of what BTC was going to be, right?

In my case, I would have left CPUs running at the time when you could still mine with such low difficulty that it's downright ridiculous now. I imagine that if everyone was doing this with a time machine, the difficulty of BTC would have been directly much higher and the interest would be lost.

I agree 100% with pooya87, there's no point in going through the trouble for nothing. Let's buy when we can and wait, we always have an open door to make nice profits. If you have the investment capacity and the low $ rate per kw/h, mine and hodl, you will thank yourself later

pooya87

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Quote from: LDL on April 30, 2023, 07:01:42 AM

If you could travel back in time today, what would you do?

Every now and then someone asks a similar question and each time I ask why don't people just buy bitcoin right now. It is not like we've reached the maximum price possible! Funny thing is that if you check the price at that time against current price you can see what those who didn't buy then, have already missed out.

For example you can see in this topic some people say "they would have bought $X worth of bitcoins". Price that month dropped as low as $6k and today it is 5x higher! Do you think any of those guys bought bitcoin then instead of wishing they had a time machine?

Who knows, maybe in a couple of years from now I find this topic and post it as an example for someone else who will have asked this question again Roll Eyes

SquirrelJulietGarden

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Quote from: LDL on April 30, 2023, 07:01:42 AM

If you could travel back in time today, what would you do?

If the world has had a time traveling machine, many things would have not been like what we have now. Fortunately we don't have such time-traveling machine and the world is organically going as it should be.

With time-traveling ability, nobody loses their bitcoins because of losing their wallet password or seed, private key. No bitcoin amount is lost by those reasons and the total supply of Bitcoin will always be 21M as well as the total circulating supply is always the same as the amount of mined bitcoins.

Many people won't lose their bitcoins because they sold cheap in the past or from forced liquidations.

In general I believe it will only cause Bitcoin to have lower price than it has now. Not good at all for anyone.

LDL

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Bitcoin is such an uncertain future currency that no one can say for sure what will happen in the future. Hundreds of predictions are constantly being made around Bitcoin. Predictions were made about this valuable currency in the past as well but some have gone down in history by selling this precious currency at a low price.

Martti Malmi sold 5050 bitcoins for $5 at a rate of just $0.00099 in 2009, setting the record for the lowest bitcoin sale in history.

Laszlo Hanycez made history by being the first person to buy a product at the lowest price in exchange for Bitcoin. He made history on May 22, 2010 by selling 10,000 Bitcoins for just $40-$45.

Our forum admin sir has sold his 160 bitcoins at a rate of only $0.003 on exchange for $0.48.

Pic collected: Source

Not only here but also in the past hundreds of Bitcoins have been traded which is amazing to see today. Those who traded Bitcoin at that time are now only regretting it and those who bought and held Bitcoin at that time, it is amazing to think how much their fortunes have changed today.

If you could travel back in time today, what would you do?

Topic: If you had a time traveling machine, then? - page 7. (Read 928 times)