Remember when Bitcoin was new and..... - page 13.

Layla Mckenzie

newbie

Activity: 29

Merit: 0

Quote from: European Central Bank on August 11, 2016, 09:24:33 AM

Quote from: Soros Shorts on August 11, 2016, 02:02:29 AM

I remember back in the day when it was common for most posters in the forum to have 500, 1,000 or even 5,000 BTC and more at their disposal. Reading some of the posts now it appears that many people do not even have 2 x 0.1BTC to rub together. Even taking into account the exchange rate going up the average wealth of posters seems to have dropped considerably. Why is this so?

I assume most people who had that amount were mining. No one who arrives here now can afford to do that, or if they can it's hardly worth it. And anyone here in the early days would have to be really committed to seek this place out. these days any whack job can stumble across it and join in.

Wasn't that the idea behind it? To get average Joes in.

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: Soros Shorts on August 11, 2016, 02:02:29 AM

I remember back in the day when it was common for most posters in the forum to have 500, 1,000 or even 5,000 BTC and more at their disposal. Reading some of the posts now it appears that many people do not even have 2 x 0.1BTC to rub together. Even taking into account the exchange rate going up the average wealth of posters seems to have dropped considerably. Why is this so?

I assume most people who had that amount were mining. No one who arrives here now can afford to do that, or if they can it's hardly worth it. And anyone here in the early days would have to be really committed to seek this place out. these days any whack job can stumble across it and join in.

Layla Mckenzie

newbie

Activity: 29

Merit: 0

I remember a guy who had 2000BTC worth next to nothing in my last job don't know how he's doing today Shocked

Wandering Soul~

sr. member

Activity: 406

Merit: 250

Wolf

Quote from: jhenfelipe on August 10, 2016, 10:16:06 PM

I don't know about bitcoin during its early years (2009 - 2014), but way back early 2015, my first time in bitcoin world, I can depend my earnings through faucets only. I mean, claiming on faucets were really worth it. I used to do it only during my spare time and as far as I remember, I'm earning a minimum of BTC0.001 per day. Unlike today, it is really hard to get that value even you spent so much of your time and effort imo because faucets already have low rewards.

I discovered bitcoin too late cause the price is high already and earning bitcoins is not easy especially in faucets, It's a waste of time if you do that now unless you have that refferal thing. How I wish I discovered bitcoin early

BTCBusinessConsult

sr. member

Activity: 546

Merit: 250

Active Trading on EPIC5k and Spectre.Ai

First experience with bitcoin was Dogecoin back in college. Used to mine at about 30 khs on my PoS computer.

Got in early with GAW miners and made about $3k profit before they went SCAM mode.

Got in early ltcgear.com and did the whole " 1 more time and im out" and lost about $3k.

All in all its been fun Grin

Fun fact: My sisters husband was one of the guys in the room for the famous "10k bitcoin for a pizza" we laugh about that day fondly.

bitsoldiers

newbie

Activity: 42

Merit: 0

though i got to know of bitcoin last year...and first thing i did was to visit faucets to earn...but later moved to buy..and start mining..its was pretty cool..

2legit2

sr. member

Activity: 406

Merit: 250

Quote from: lexuz on August 11, 2016, 06:09:27 AM

Yeah i remember but more late than you know about bitcoin around the year 2014, i try to find an information how to earn bitcoin free after that then i find this forum.

yeah, this forum was basically one of the best findings for me either, as far as i remember when i started with bitcoins it was really small and unfortunately i didnt buy bitcoins

155UE

sr. member

Activity: 336

Merit: 250

You mean you got paid 0.01btc to click on ads (youtube videos? Huh

) and got paid for each of those clicks?

Must of be in 2011 bitcoin was worth 0.50$ each. hehe Cheesy

Hide_ip112

full member

Activity: 196

Merit: 100

Quote from: danherbias07 on August 11, 2016, 08:46:11 AM

Faucets and just faucets, non stop faucets just to get that quota for a day. I even looked for an app in my android that could make me some bitcoin. Those days of sleepless night to earn some decent freebies for a day. Grin

Yup, indeed the faucet is a way the most widely sought by all. Because the way to get the bitcoin is much easier than any other way. But it also takes quite a long time, if they want to get the bitcoin we want. Paramount must have an unyielding spirit and soul

danherbias07

legendary

Activity: 3346

Merit: 1134

Leading Crypto Sports Betting & Casino Platform

Faucets and just faucets, non stop faucets just to get that quota for a day. I even looked for an app in my android that could make me some bitcoin. Those days of sleepless night to earn some decent freebies for a day. Grin

trickshot22

sr. member

Activity: 504

Merit: 250

Quote from: lexuz on August 11, 2016, 06:09:27 AM

Yeah i remember but more late than you know about bitcoin around the year 2014, i try to find an information how to earn bitcoin free after that then i find this forum.

because there is no other way to make free bitcoins, to be honest in my opinion the easiest way is to participate in signature campaigns

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: Soros Shorts on August 11, 2016, 02:02:29 AM

I remember back in the day when it was common for most posters in the forum to have 500, 1,000 or even 5,000 BTC and more at their disposal. Reading some of the posts now it appears that many people do not even have 2 x 0.1BTC to rub together. Even taking into account the exchange rate going up the average wealth of posters seems to have dropped considerably. Why is this so?

maybe it is because back then apart from price being super low that you could actually buy 1BTC with a couple of bucks another reason could be the ease of mining.
you could decide you wanted to make bitcoin, then all you had to do was download the wallet and a miner and start earning bitcoin by solo mining with reward of 50BTC per block.

yayayo

legendary

Activity: 1806

Merit: 1024

Back in Bitcoin's past, the feeling to own and use Bitcoin was quite different from today. It felt much more experimental and use was less serious than today. A lot of Bitcoin was wasted for extremely weird investments and openly advertised Ponzi schemes. These things are not entirely absent today, but people are much more serious when using Bitcoin and are caring a lot more about its value. I guess people today are much more aware that Bitcoin is real money, so they are less inclined to waste it just for fun.

I miss the early days, because all the chaos and drama around it was somehow inspiring. One felt like swimming in some kind of primordial ooze, being curious if evolution would start and where it would lead to. In addition the Bitcoin community was much more anarchist and critical of the establishment than today. Nowadays, a lot of trader idiots have entered the community, that are just looking for some unsustainable fiat return and do not care about Bitcoin's origin at all.

ya.ya.yo!

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

i remember a lot of things about bitcoin, the price rise to the moon, the solo mining hearing about them everywhere but what i have personally experienced is after a period of time passed and price was already heading down from the ATH Sad

lexuz

hero member

Activity: 714

Merit: 500

Me, myself and I

Yeah i remember but more late than you know about bitcoin around the year 2014, i try to find an information how to earn bitcoin free after that then i find this forum.

mindrust

legendary

Activity: 3276

Merit: 2442

The first time i knew bitcoin when its price was like 100$. I guess it was in october 2013. Then everything has blown up, the madness started, people went to moon etc and the price tag was suddenly 1000$. Good old days.

I guess I was more lucky than being clever so i didn't believe that 40k$ price rumours and i get out before it is too late.

jack1111

hero member

Activity: 924

Merit: 500

Quote from: RoseMann on August 10, 2016, 09:44:04 PM

I remember in 2011 when you could watch ads that payed 0.01 btc each, i found them on this very forum and used to watch them all day from work. #GoodTimes

What do you remember from the early Bitcoin days? Share your memories here! Cheesy

You are lucky person , because you have joined the Bitcoin world since 2011, in that time the Bitcoin price was very cheap , and sure you accumulated big experience over these years , for me , I have joined the Bitcoin world since 2015 ( about one year only ) , and I am glad to be one of the Bitcoin fans and part of this amazing community .

drwtsn32

sr. member

Activity: 476

Merit: 250

Those people who discovered bitcoin early are very lucky.
If I have a time machine, I'll get all the money I have, borrow a lot from lenders, go back to when bitcoin was created and then bought as much bitcoins as I can. Then pay the lenders. Make profit. Then repeat.

extrabyte

legendary

Activity: 840

Merit: 1000

Quote from: RoseMann on August 10, 2016, 09:44:04 PM

I remember in 2011 when you could watch ads that payed 0.01 btc each, i found them on this very forum and used to watch them all day from work. #GoodTimes

What do you remember from the early Bitcoin days? Share your memories here! Cheesy

Now you watch thousands of ads and you cant earn 0.01 bitcoin, At 2011 i didnt know about bitcoin maybe I have heard but didnt pay attention to that because it was something new and didnt know the potential of bitcoin that has now or will have in the next few years.

avatar_kiyoshi

legendary

Activity: 1106

Merit: 1000

Quote from: RoseMann on August 10, 2016, 09:44:04 PM

I remember in 2011 when you could watch ads that payed 0.01 btc each, i found them on this very forum and used to watch them all day from work. #GoodTimes

What do you remember from the early Bitcoin days? Share your memories here! Cheesy

Around last year of 2014 I saw bitcoin on PTC ads. And I try to googling more about bitcoin and found new worth way to earn extra money, I'm start to interested, search more about it then more interested with the technology. Until now.

Topic: Remember when Bitcoin was new and..... - page 13. (Read 4647 times)