When 500 bitcoins were $1 - page 2. | Bitcointalksearch.org

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: TheBorg on November 03, 2013, 07:41:58 AM

Well how many people believed that the price would jump from lets say 0.01$ for 1BTC to 200$? If people did, there wont be no trade since everyone would w8 for that moment ( ppl know were sure it would reach that price ) and cash put then, and since there is no trade there is no real value. So be thankful that some poor miners sold 10k for few $.

+1

Everyone says after the fact and would've loved to been an early investor...
But would any of you honestly kept your BTC after it went up in value by 50%? 100%? Most of us would've sold it wayyy before it reached the levels it has today!

It reminds of the Simpson episode where Homer sells his shares after it went some small % while the rest of the company held on and made a fortune!

Baitty

hero member

Activity: 532

Merit: 500

Currently held as collateral by monbux

Now. Don't you all wish you were in the Bitcoin game from the start?

TheBorg

newbie

Activity: 41

Merit: 0

Well how many people believed that the price would jump from lets say 0.01$ for 1BTC to 200$? If people did, there wont be no trade since everyone would w8 for that moment ( ppl know were sure it would reach that price ) and cash put then, and since there is no trade there is no real value. So be thankful that some poor miners sold 10k for few $.

trcjr

newbie

Activity: 10

Merit: 0

On a similar note, back in 2010 before GPU mining and all that I solo mined a block with bitcoin-qt. Only to forget about this new fad and didn't backup the wallet. I either reinstalled or the drive crashed and poof. bye bye wallet.

InwardContour

sr. member

Activity: 644

Merit: 260

500 bitcoins for a dollar. Hmmmmm, a time machine would be truly nice. Undecided

Rupture

full member

Activity: 182

Merit: 100

Wow they must be kicking themselves to this day

EccLipSe

member

Activity: 168

Merit: 10

unbelievable legendary story. is there someone lost that much money by selling their coins in the forum right now?

fildza

sr. member

Activity: 322

Merit: 250

Ask me anything if you have any problem

Quote from: Casino Gambling Guy on November 01, 2013, 09:12:31 AM

Good point!

I bought a little of most of the altcoins as well as bitcoin just in case you are correct.

Good luck to collect altcoins

Omikifuse

legendary

Activity: 1834

Merit: 1009

The risk is really high at that time as btc is still new. Just like when google had their ipo.

Casino Gambling Guy

member

Activity: 63

Merit: 10

Good point!

I bought a little of most of the altcoins as well as bitcoin just in case you are correct.

mindfulmojo

sr. member

Activity: 448

Merit: 250

Who knows though maybe people will be looking back at right now and saying the same thing... Cheesy

fildza

sr. member

Activity: 322

Merit: 250

Ask me anything if you have any problem

Quote from: Casino Gambling Guy on October 31, 2013, 06:31:02 PM

This is the funniest thread that I have seen so far. It's an entrepreneur trying to sell a wallpaper image he created and wants to sell them for $1 which would be 500 bitcoins back in early 2010 when this forum just began.

https://bitcointalksearch.org/topic/m.159

I hope this guy managed to get rich off bitcoin even if his idea to sell wallpaper was pathetic lol At least he was in the right place at the right time which is more than I can say for myself.

Yup that time bitcoins are still low price

BioBTC

newbie

Activity: 55

Merit: 0

Quote

hmmm...I guess he sold one of his wallpaper images.

Thanks for the update, where or how did you look that up?

blockchain

Casino Gambling Guy

member

Activity: 63

Merit: 10

Quote from: jaberwock on October 31, 2013, 07:45:57 PM

Quote from: Casino Gambling Guy on October 31, 2013, 06:31:02 PM

This is the funniest thread that I have seen so far. It's an entrepreneur trying to sell a wallpaper image he created and wants to sell them for $1 which would be 500 bitcoins back in early 2010 when this forum just began.

https://bitcointalksearch.org/topic/m.159

I hope this guy managed to get rich off bitcoin even if his idea to sell wallpaper was pathetic lol At least he was in the right place at the right time which is more than I can say for myself.

Based on his address he sold 600 btc in 2011. If he wait 2 years it would be a great money.

hmmm...I guess he sold one of his wallpaper images.

Thanks for the update, where or how did you look that up?

jaberwock

legendary

Activity: 2660

Merit: 1074

Quote from: Casino Gambling Guy on October 31, 2013, 06:31:02 PM

This is the funniest thread that I have seen so far. It's an entrepreneur trying to sell a wallpaper image he created and wants to sell them for $1 which would be 500 bitcoins back in early 2010 when this forum just began.

https://bitcointalksearch.org/topic/m.159

I hope this guy managed to get rich off bitcoin even if his idea to sell wallpaper was pathetic lol At least he was in the right place at the right time which is more than I can say for myself.

Based on his address he sold 600 btc in 2011. If he wait 2 years it would be a great money.

inty978

newbie

Activity: 7

Merit: 0

Quote from: indianplayers on October 31, 2013, 06:42:22 PM

some guy also paid 10,000 coins for a pizza back then

Ahhh the legend continues of the greatest pizza ever sold

Casino Gambling Guy

member

Activity: 63

Merit: 10

Quote from: indianplayers on October 31, 2013, 06:42:22 PM

some guy also paid 10,000 coins for a pizza back then

Wow, according to my math that's a 2 million dollar pizza.

I would have loved a small slice of that!

indianplayers

member

Activity: 113

Merit: 10

some guy also paid 10,000 coins for a pizza back then

Casino Gambling Guy

member

Activity: 63

Merit: 10

This is the funniest thread that I have seen so far. It's an entrepreneur trying to sell a wallpaper image he created and wants to sell them for $1 which would be 500 bitcoins back in early 2010 when this forum just began.

https://bitcointalksearch.org/topic/m.159

I hope this guy managed to get rich off bitcoin even if his idea to sell wallpaper was pathetic lol At least he was in the right place at the right time which is more than I can say for myself.

Topic: When 500 bitcoins were $1 - page 2. (Read 1872 times)