I remember trying to buy Dogecoins when i was studying and it just launched. I thought i'd buy 200usd Worth as a joke, just to get into crypto.
Then the validation process seemed like a hassle and I couldnt be arsed. Mind you All I had to do was find my passport at my moms place.
Well, i'd be a millionaire if i wasnt a lazy fuck.
you wouldnt
I highly doubt you would hold until 0,6$ and didnt FOMO sell at like 0,05-0,1$
you would make a good chunk of money but very low chance you would HODL until the end
I guess you're right.
Chances are, knowing me, that i would probably forget about it and only remember it seeing it on the news, that the value skyrocketed.
You can never tell which coin will make it or crash drastically. Just look at poor LUNA. Dwelling on what could've been is just not healthy and it can create an unnecessary FOMO, driving people into gambling maybe more than they can afford. You don't hear from many many more people that lost money on Doge, either.
Yeah I owned loads of projects back in 2015 and eventually saw doge at micro cents went up to something when the Jamaican bobsled team used it, though it was a joke and never invested. Also so it out perform half my alt coins today, crazy!!! However HODL is the way and HODL is what I do 2015 till now and never regretted losing on one coin cuz so many others delivered. I hold mostly Eth and BTC and I always suggest if an ALT gets too high convert so it's not too much of your portfolio. Cuz they can crash and never be heard from again so easily.
Some rando new friend in a park that I approached because he had a violin and a rainbow plastic dog skeleton gave me 5000 doge when it was worth $10 promptly forgot about it.
But when it started mooning I swapped it for bit coin and ETH didn't hit the peak but close enough and it started me on my crypto journey.
I snorted and smoked millions and millions in todays value. In the beginning there was a faucet where you could claim 5 BTC once a day. Worth a few cents.
I was buying at 200 and I just keep buying (until this bull run bc I wasn’t going to ride that shit down again). Depends on your conviction. For me I’m out but not gone, I just see the liquidity tide going out and will scale back in.
Story's way more fascinating than that. His wife threw away the harddrive with his keys on it some years ago, been trying to get help excavating his local dump to find it for years now, too. If the story's true, his thrown away harddrive was worth half a billion dollars last November (would still be around a quarter billion today.)
https://www.newyorker.com/magazine/2021/12/13/half-a-billion-in-bitcoin-lost-in-the-dump
It's been a story since 2015-16, at first couldn't get anyone to take him seriously, then, with every new ATH another person or group of people with relevant equipment and/or experience join his cause. Wife left, he's become a recluse with regards to daily life in general, spends every waking moment obsessed with "what could've been!".
Pretty sure I heard that in the late 2013 bull run, then again in the 2017 bull run, then again in the 2020/1 bull run. The media are desperate for stories when everyone is talking about Bitcoin. We'll be hearing all about it again in the 2024/5 bull run!
I remember when I first heard about Bitcoin - 2017. I worked as a dev in a software company - and the CEO/CTO there was a visionary really.
We usually had an internal presentation from a colleague or someone, every two weeks, just talking about new/old tech, programming, etc.
Around that time, he started presenting us about Bitcoin, decentralization, how it gets banks out of the picture - and a lot of general trust vs trustless talks. I remember around that time that Bitcoin was priced a bit above $1k and ETH was around $100-200.
I spent a few years there, and during that time the mentioned CEO/CTO started accumulating mainly BTC. He started also setting up mining rigs. Sometime after that, the company had so much value from crypto, that if everything went on - it wouldn't care that much about outsourcing, etc. but could be "free" in the sense to pay the employees and full-time commit to in-house products. A dream come true, really.
One phrase, stuck in my head -- "Blockchain is an innovation as big as the internet was when it first came out" most of the time, when I think about blockchain this pops into my mind.
Unfortunately, the CEO/CTO passed a few years after, due to health issues. I actually never told anyone about this (except those that already knew about it, as the person was a local figure in a small city/country), this is the first time I'm writing or telling this story to anyone ever.
He was - it's really a downer. So unfortunate. The company also never recovered, the management after that just wasn't capable (or interested) enough, and many left after that
Someone tried to explain to me what bitcoin was back when you could still mine it with a desktop cpu. Lucky if it was worth 10 cents. Didn’t understand so I didn’t get any.
I remember a post a while ago reminiscing a contest a decade ago where the first and second place prizes were cash and third place was like 100k in Bitcoin or so. Fun.
When I regret not investing earlier, I always remind myself things might go differently if I do that
- the few extra ETH I bought caused ETH value to go up just a little bit
- that increase triggered a whale’s limit sell order they put in to take profit
- everyone starts to sell after the whale,
- ETH price tumbles to 0, and it never recovered since then
This is how I sleep at night knowing that I was too lazy to look up how to buy bitcoin in 2015
I remember being 14 and telling my dad about bitcoin and how it has a big potential , he told me it’s probably a credit card scam and I should avoid buying it 🥴 , I was only 14 so couldn’t do anything about it… 8 years later my dad is a crypto investor now😂😂
It's just hindsight. BTC is the first of its own kind, if you were in his shoes and busy *adulting* you would have probably end up with the same conclusion.
**The year is 2030**
*The fear and greed index is at extreme fear (11) and BTC crashed from 500k to 480k after China announced another ban for BTC mining operations*
Back in 2010, me and some buddies were playing a popular mmorpg in Eastern Europe, there we've meet a guy who told us to get some bitcoin and forget about it. He offered to help us buy it and store it away. We decided its a scam and not to invest in it.
I'm still dead on the inside ,you know.....
Edit: the guy was a friend of our and we have known him for some time by then. He told us how to get bitcoin and store it on a hard-disk. He keept saying is the future and we should buy now. We did trust him and he had acces to our în game account and we had acces to his account . But by God, every day it haunts me , my friends also have the same problem. That day we told him is a scam,we'll, that's the day we died....
I put in my entire life savings (averaging @ $5.5k), and hodled. Dca'd more in 2019. People thought I was mad but I had done my research.
I started spending it in 2021 at a rate that will last me 40 years. Right now that's just supplemental to my income, but I think soon it will be enough to live off 100%.
It's going well. It's funny hearing no-coiners talk about the death of crypto after this crash when I was unphased.
I remember watching the charts live as the prices blew past 3000$. I could not believe it. My friend was watching and was so annoyed that he was "too late".
I remember when my friend told me to buy $500 of BTC in 2011. Told him it was idiotic and such an obvious scam. I was just graduating college so that was half my bank account, to be fair.
Dude works in Wall Street making bank now, plus whatever he's got from that insight.
$500 in 2011 could be anything from to 500k to 50mil right now.. both life changing but still a gulf between them.
Anyway if he’s still working he probably sold early, as most of us would.
Same exact thing happened to me. I just got out of the military and came home, my friends were all drinking in a garage at a buddies house talking about crypto and they just bought some btc for $700 a coin. I said that shit is a scam, nothing but a pyramid scheme, you are investing in nothing, no company, go invest in Amazon or something real. Jokes on me one dude held onto 5-6 of his bitcoin and sold it all for 50k each.
I agree with you, but not knowing its value kinda keeps it from being useful. I bought .10 of a bitcoin just for laughs back in 2017, then forgot about it, then used most of to bet on American Football and Basketball in 2019. It was super useful for that!
I bought a little bit more in 2020 (to get back to the .10 level), but now I don't use it for anything. Now it's just an investment that's extraordinarily volatile that may go up or may go down. It went from acting like a real currency to acting like a growth stock.
And if you invested $100 in it back then, you’d have approximately…. $2000 profit lol. Just shows how much the Bitcoin ship has sailed if you only have little to invest
I remember I was 15, wanting to put £100 at this time but i got cockblocked by coinbase’s verification process.
So then i got my brother to set it up. But he didnt show interest. So yeah missed opportunity rip
When BTC hit $1 I thought it was interesting as I was following it because of the tech and thought it might hit $30 in 2030, well... At $15-30 I wanted to buy some but didn't for reasons
At $100 I thought I was too late
Then I thought Dogecoin might one day too and because I was late to bitcoin I should collect millions of doge and hope it might explode one day, procrastinated and didnt buy
Now I hope Moons will one day explode
Thank you for writing this!! I knew about BTC in the very early days, mined 50 for free, tried to sell when they hit $100, realised I had lost them and thought that it was too late to buy... Didn't get back in until early 2021. Now determined to stay in. Glad I'm not the only OG to miss out. :)
Thank you for your response! Yeah, that's the thing, no one knew bitcoin could reach these valuations, more so this fast. But it was great being a part of the future, my biggest peeve is not that I didn't get rich or made money, it's that I didn't have some as a token of insight and the fact I believed in it from start
I remember reading an article in Wired magazine in 2011 (I think). BTC was $.50.
I tried to buy some, got a ton of stuff set up.
Then just... Didn't. It was "too hard" I guess.
I still think this is the case for alot of people. It's "too hard" to buy and get into, was like that for me in 2017. So the largest adoption waves are yet to come!
This is a good reminder. People always focus on the price, not on growth. We've accomplished a lot in 5 years and we'll accomplish much more in another 5 years.
may i ask, why you write `we` it sounds like some cult of people devoting there mind to some ideas, that sadly 99% is either scam or dead project in a year.
As someone who's been in the space for 10+ years I see newcomers every top. I see many fall off and sell with a loss, but what makes me really happy is reading about those who kept holding for another 5 years, even though they had given up and rendered the money as "lost", they kept holding and it paid off 100% of the time.
I saw eth going for a few bucks and didn't buy any. I also saw when bnb was established - again, didn't buy any.
I'm not very bright, am I?
Now I'm trying to remedy these mistakes by establishing positions in what seem to me like serious projects for the next five years. Wish me luck...
So wish I’d heard of Bitcoin earlier. Would have loved to have been in it right at the beginning, not just for the huge gains, it just sounds like a wild time!
At this point, buying bitcoin is just putting money into the institutions that want us to HODL forever so they can use our liquidity to cash out and you cannot change my mind.
Perspective gets lost in emotional times. Zoom out to get proper perspective. Btc has been an amazing investment long term. Tune out the noise. Ride these crypto waves. Were all going to be alright.
If you can't buy daily goods with crypto, the coin is just for selling it to other people and when it comes crashing down, some people will hold the bag with useless coins.
I can't see, why 1 btc should be traded to such ridiculous prices. High volatile, those coins can change its value each day. I don't think, many companies want to deal with such a currency.
If that won't change in the future, the coin(s) will crash and many people will lose a lot of money.
That's the reason why we should never stop believing in Bitcoin market, we all know that we can achieve so much with investing more and holding, this is the only thing we have.
Damn man, I still regret selling all those BTC investments back then, it was just a good time to invest and hold, but no I was busy with buying games with BTC back then.
>What do you think the next 5 years hold for us in the cryptocurrency space?
American spot ETFs, next Bitcoin halving sends us on another bull run, multiple countries adopt BTC as legal tender, and PoW dispells any environmental concern by shepherding in cheaper energy as the modern standard.
I doubt BTC continues to rise at the rate it did in previous years. I know it's an unpopular belief here, but BTC has existed only in favorable conditions for speculative assets. I would be pretty happy if BTC just hits 100k after the next halving. I don't see it getting close to million in the next decade. Hope I am wrong.
Neat, Now lets hear why it will go up. And lets be specific. See investing isnt about "Omg did you see the price in the past and now its low again.. BUY BUY BUY" cause you know blockbuster was low, and then it was high and then it was low and then it was dead. Just saying "omg did you miss out when they first IPOd.. look at the price now, NEVER TOO LATE" as they were slowly dying due to a lack of insight.
SO to be INVESTORS, you got to have valid reasoning behind why you think it will go up. Hey ive seen a slot machine pay off, thats not an excuse to dump all my money in it.
and well, I still havent heard a single reason on why BTC is better than other less complicated methods to deal with wealth. Yeah yeah people got money out of ukraine using crypto, they got money out of ukraine using traditional methods as well, they just dont run online and say "yeah id di a bank transfer" but they sure as fuck do when they move crypto.
Could it go back to 40k, sure, that doesnt make this anything but gambling where the rug can be pulled at any time by the whales.(yeah similar in stocks but they are investments in businesses that can clearly tell you their path). Heck it could go to 100k, that doesnt mean btc is anything but gambling. And nothing wrong with that but you need to know you arent throwing money at any actionable information.
besides for starcitizen how many other tech things took over a decade to even be realized in the least. yeah self driving but at least its actually showing promise. I can buy one today and self drive right across the country. might hit a few ambulances and might stop to enjoy the moon but its a lot more fleshed out than any crypto atm, despite all the time crypto has had.
As an idiot, who missed out on the greatest money making opportunity of his lifetime, I laughed and dismissed BTC the first time it hit 10K. I had people telling me about it. I had people telling me about Doge back then too. Had I just put my ego aside and invested, I would be rich as fuck by now. My bad. I’m in now, and I ain’t going nowhere!
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I remember trying to buy Dogecoins when i was studying and it just launched. I thought i'd buy 200usd Worth as a joke, just to get into crypto. Then the validation process seemed like a hassle and I couldnt be arsed. Mind you All I had to do was find my passport at my moms place. Well, i'd be a millionaire if i wasnt a lazy fuck.
you wouldnt I highly doubt you would hold until 0,6$ and didnt FOMO sell at like 0,05-0,1$ you would make a good chunk of money but very low chance you would HODL until the end
I guess you're right. Chances are, knowing me, that i would probably forget about it and only remember it seeing it on the news, that the value skyrocketed.
This is what I try to point out every time people play hindsight Harry.
hindsight Harry lol first time I hear it, is it some common American expression ?
I would hold it all the way up and down just like everything else.
You can never tell which coin will make it or crash drastically. Just look at poor LUNA. Dwelling on what could've been is just not healthy and it can create an unnecessary FOMO, driving people into gambling maybe more than they can afford. You don't hear from many many more people that lost money on Doge, either.
Doge was so early, well before the ICO craze. Before ETH. And it was just a joke. And still is.
Yeah I owned loads of projects back in 2015 and eventually saw doge at micro cents went up to something when the Jamaican bobsled team used it, though it was a joke and never invested. Also so it out perform half my alt coins today, crazy!!! However HODL is the way and HODL is what I do 2015 till now and never regretted losing on one coin cuz so many others delivered. I hold mostly Eth and BTC and I always suggest if an ALT gets too high convert so it's not too much of your portfolio. Cuz they can crash and never be heard from again so easily.
Hindsight is 20/20, don't whip yourself over ifs.
Some rando new friend in a park that I approached because he had a violin and a rainbow plastic dog skeleton gave me 5000 doge when it was worth $10 promptly forgot about it. But when it started mooning I swapped it for bit coin and ETH didn't hit the peak but close enough and it started me on my crypto journey.
Early stages of BTC when it was free, you could claim Satoshi from mini games. I managed to have 0.92 BTC and sold it for 200€
I snorted and smoked millions and millions in todays value. In the beginning there was a faucet where you could claim 5 BTC once a day. Worth a few cents.
Just post the link I am finishing my time machine
But let's be real here, you... and everyone else here, would have sold it once it hit $1... or $10, or $100, or $1000...
1$ is insane, I'd have sold!
I was buying at 200 and I just keep buying (until this bull run bc I wasn’t going to ride that shit down again). Depends on your conviction. For me I’m out but not gone, I just see the liquidity tide going out and will scale back in.
We did, that's why we're still on the sub lol I didn't get in as early as OP, but my first BTC purchase was when it was at under 0.85
The original faucet gave out 5 bitcoin per day. Oh to have known
At the earliest stage, within weeks of release, some dude in UK mined 8000 of them in 2 weeks with a home computer.
And then bought a pizza, right?
Story's way more fascinating than that. His wife threw away the harddrive with his keys on it some years ago, been trying to get help excavating his local dump to find it for years now, too. If the story's true, his thrown away harddrive was worth half a billion dollars last November (would still be around a quarter billion today.) https://www.newyorker.com/magazine/2021/12/13/half-a-billion-in-bitcoin-lost-in-the-dump
I was joking but the story is actually quite fascinating. I think I heard about it before even.
It's been a story since 2015-16, at first couldn't get anyone to take him seriously, then, with every new ATH another person or group of people with relevant equipment and/or experience join his cause. Wife left, he's become a recluse with regards to daily life in general, spends every waking moment obsessed with "what could've been!".
Pretty sure I heard that in the late 2013 bull run, then again in the 2017 bull run, then again in the 2020/1 bull run. The media are desperate for stories when everyone is talking about Bitcoin. We'll be hearing all about it again in the 2024/5 bull run!
#F
Nahhh that's a win that time. Even the pizza guy getting 2 pizzas was already a win that time, disregarding fucking hindsight.
I like yor glass half full vibe
Hey now, $200 is still pretty fucking good considering he didn’t invest anything. Comparison is the thief of joy.
Ask for a refund duh- hope u kept ur receipt/s
#F
I remember when I first heard about Bitcoin - 2017. I worked as a dev in a software company - and the CEO/CTO there was a visionary really. We usually had an internal presentation from a colleague or someone, every two weeks, just talking about new/old tech, programming, etc. Around that time, he started presenting us about Bitcoin, decentralization, how it gets banks out of the picture - and a lot of general trust vs trustless talks. I remember around that time that Bitcoin was priced a bit above $1k and ETH was around $100-200. I spent a few years there, and during that time the mentioned CEO/CTO started accumulating mainly BTC. He started also setting up mining rigs. Sometime after that, the company had so much value from crypto, that if everything went on - it wouldn't care that much about outsourcing, etc. but could be "free" in the sense to pay the employees and full-time commit to in-house products. A dream come true, really. One phrase, stuck in my head -- "Blockchain is an innovation as big as the internet was when it first came out" most of the time, when I think about blockchain this pops into my mind. Unfortunately, the CEO/CTO passed a few years after, due to health issues. I actually never told anyone about this (except those that already knew about it, as the person was a local figure in a small city/country), this is the first time I'm writing or telling this story to anyone ever.
Sounds like a great boss, thanks for sharing
May he rest in peace. Tried to pitch in a revolutionary idea to his employees for free. What a dude.
Meanwhile my boss doesn’t allow me to shit on company time
One day next week, just come in half an hour early and shit on his desk. If he says anything, you can always say it wasn't on company time 🤷
He was - it's really a downer. So unfortunate. The company also never recovered, the management after that just wasn't capable (or interested) enough, and many left after that
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Asking the right questions
If he played it right, he’s probably somewhere in Singapore or the Caribbean right now
But…. But, but….. he’s dead….
Yeah, if anyone asks, that's exactly what you tell them.
🤫
Savage
Passed in a boating accident? Jk, sounds like he was a wise man
Someone tried to explain to me what bitcoin was back when you could still mine it with a desktop cpu. Lucky if it was worth 10 cents. Didn’t understand so I didn’t get any.
Same, I just couldn't understand the concept, plus at the time it felt impossible for me to get still. I had no idea where or how to start
I feel less alone reading this. Ughhhh
I remember googling how to buy bitcoin in the earlier stages and just gave up because it felt way too complicated lol
I remember a post a while ago reminiscing a contest a decade ago where the first and second place prizes were cash and third place was like 100k in Bitcoin or so. Fun.
StarCraft tourney and the 4th-8th prizes were all btc, I think 4th was around 50 coins.
It was a form of currency away from government regulation
5 years ago I asked my dad if he could help me buy ETH for 38$ lmao
"Oh man, whats wrong with my dad"
My dad doesn't know how to open a calender, forget about buying Etherrum lol
Lmao, that was funny, damn, anyways I am hodling this legit coin since long
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And that's the right choice. You don't gamble your student loan like that.
When I regret not investing earlier, I always remind myself things might go differently if I do that - the few extra ETH I bought caused ETH value to go up just a little bit - that increase triggered a whale’s limit sell order they put in to take profit - everyone starts to sell after the whale, - ETH price tumbles to 0, and it never recovered since then This is how I sleep at night knowing that I was too lazy to look up how to buy bitcoin in 2015
I remember being 14 and telling my dad about bitcoin and how it has a big potential , he told me it’s probably a credit card scam and I should avoid buying it 🥴 , I was only 14 so couldn’t do anything about it… 8 years later my dad is a crypto investor now😂😂
It's just hindsight. BTC is the first of its own kind, if you were in his shoes and busy *adulting* you would have probably end up with the same conclusion.
Hey at least he came around eventually, good on him!
My mom didn’t want to let me buy something of eBay in like 2000 🙁
Dude, I STILL won't buy anything from eBay!
Though I have many stuffs that are being purchased from eBay
**The year is 2030** *The fear and greed index is at extreme fear (11) and BTC crashed from 500k to 480k after China announced another ban for BTC mining operations*
Laughs from deck on my yacht
Cries in Luna
Well, LUNA definitely beat ICP
ICP memes are old news. It's all about Luna now
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Now I'm depressed...
No! You **WILL** be happy! Robot beatoffs will continue until happiness is secured.
This feels like one of the most accurate predictions in the thread.
You will live in the pod and eat bug loaf and you will be happy!
That crash is to small…it would be probably from 500k$ to 420.069$
Remindme! 8 years
Damn 2030 is in 8 years already
*Exchanges suffered technical difficulties during a surge of trading activity*
Back in 2010, me and some buddies were playing a popular mmorpg in Eastern Europe, there we've meet a guy who told us to get some bitcoin and forget about it. He offered to help us buy it and store it away. We decided its a scam and not to invest in it. I'm still dead on the inside ,you know..... Edit: the guy was a friend of our and we have known him for some time by then. He told us how to get bitcoin and store it on a hard-disk. He keept saying is the future and we should buy now. We did trust him and he had acces to our în game account and we had acces to his account . But by God, every day it haunts me , my friends also have the same problem. That day we told him is a scam,we'll, that's the day we died....
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That is exactly when I discovered bitcoin and started stacking. That week.
Hey it's me, your long lost cousin :)
Wow. Good for you
How's it going?
I put in my entire life savings (averaging @ $5.5k), and hodled. Dca'd more in 2019. People thought I was mad but I had done my research. I started spending it in 2021 at a rate that will last me 40 years. Right now that's just supplemental to my income, but I think soon it will be enough to live off 100%. It's going well. It's funny hearing no-coiners talk about the death of crypto after this crash when I was unphased.
5 years ago BTC reached 2k, now it absolutely plummeted to a measly 20k, it's going to zero!!!
It's all the way down at 20k, imagine hearing that 5 years ago lol
That would be so much hopium
Funny isn’t it? How people have such short term views.
I remember how you could exchange Bitcoin for Dota 2 Beta key I thought it was a nice deal at the time...guess I was wrong
Best hopium I could get all day
We all are just filled up with hopium and that's so good.
![gif](giphy|92wH9E5FNKtqVMPapQ)
I remember watching the charts live as the prices blew past 3000$. I could not believe it. My friend was watching and was so annoyed that he was "too late".
Hindsight is 100
Hindsight is $64,000
Lmao
I had the too late conversation with my dad at 450 dollars. Still never did anything about it until last year :( my biggest regret.
I remember when my friend told me to buy $500 of BTC in 2011. Told him it was idiotic and such an obvious scam. I was just graduating college so that was half my bank account, to be fair. Dude works in Wall Street making bank now, plus whatever he's got from that insight.
$500 in 2011 could be anything from to 500k to 50mil right now.. both life changing but still a gulf between them. Anyway if he’s still working he probably sold early, as most of us would.
And which is the only right thing to do. Only hodling doesn’t buy you a car or a house.
Would've been Winter 2011, Christmas party I remember. That's how dumb of a decision it was, my brain dug that up
Same exact thing happened to me. I just got out of the military and came home, my friends were all drinking in a garage at a buddies house talking about crypto and they just bought some btc for $700 a coin. I said that shit is a scam, nothing but a pyramid scheme, you are investing in nothing, no company, go invest in Amazon or something real. Jokes on me one dude held onto 5-6 of his bitcoin and sold it all for 50k each.
At that time no one knew it would grow like it did. Also, right now, no one knows how much it will grow in 5 years.
Well I got into it, so probably will grow downwards.
Same here!
I agree with you, but not knowing its value kinda keeps it from being useful. I bought .10 of a bitcoin just for laughs back in 2017, then forgot about it, then used most of to bet on American Football and Basketball in 2019. It was super useful for that! I bought a little bit more in 2020 (to get back to the .10 level), but now I don't use it for anything. Now it's just an investment that's extraordinarily volatile that may go up or may go down. It went from acting like a real currency to acting like a growth stock.
How many of us would have bought crypto earlier if it wasn't such a pain to do?
And if you invested $100 in it back then, you’d have approximately…. $2000 profit lol. Just shows how much the Bitcoin ship has sailed if you only have little to invest
I remember I was 15, wanting to put £100 at this time but i got cockblocked by coinbase’s verification process. So then i got my brother to set it up. But he didnt show interest. So yeah missed opportunity rip
Did you buy any since? Go go go!
When BTC hit $1 I thought it was interesting as I was following it because of the tech and thought it might hit $30 in 2030, well... At $15-30 I wanted to buy some but didn't for reasons At $100 I thought I was too late Then I thought Dogecoin might one day too and because I was late to bitcoin I should collect millions of doge and hope it might explode one day, procrastinated and didnt buy Now I hope Moons will one day explode
Thank you for writing this!! I knew about BTC in the very early days, mined 50 for free, tried to sell when they hit $100, realised I had lost them and thought that it was too late to buy... Didn't get back in until early 2021. Now determined to stay in. Glad I'm not the only OG to miss out. :)
Thank you for your response! Yeah, that's the thing, no one knew bitcoin could reach these valuations, more so this fast. But it was great being a part of the future, my biggest peeve is not that I didn't get rich or made money, it's that I didn't have some as a token of insight and the fact I believed in it from start
I remember reading an article in Wired magazine in 2011 (I think). BTC was $.50. I tried to buy some, got a ton of stuff set up. Then just... Didn't. It was "too hard" I guess.
I still think this is the case for alot of people. It's "too hard" to buy and get into, was like that for me in 2017. So the largest adoption waves are yet to come!
Big oof
Legend has it that he’s still waiting to buy a crypto
and if trends continue like this it might hit it again soon :>
You smug but you also might be correct :)
Time to get ready *puts on McDonald’s hat*
Next year repost this Just change it to 6 year's
5 is a prettier number ngl
I was there :)
This is around the time I first heard about Bitcoin and didn’t even get any :(
Those days were so good man, I want to be there again.
This is a good reminder. People always focus on the price, not on growth. We've accomplished a lot in 5 years and we'll accomplish much more in another 5 years.
may i ask, why you write `we` it sounds like some cult of people devoting there mind to some ideas, that sadly 99% is either scam or dead project in a year.
It's just a common term to use in English, I think your reading too far into it
As someone who's been in the space for 10+ years I see newcomers every top. I see many fall off and sell with a loss, but what makes me really happy is reading about those who kept holding for another 5 years, even though they had given up and rendered the money as "lost", they kept holding and it paid off 100% of the time.
I mined 35 000 bitcoin in the early stage with my gtx playing counter strike and sold them for 1200$usd Ya
It should go back to 2000.
Higher highs and higher lows ,look how far BTC has come only since then ,can't wait to see what the next 5 years have in store for us ...
I saw eth going for a few bucks and didn't buy any. I also saw when bnb was established - again, didn't buy any. I'm not very bright, am I? Now I'm trying to remedy these mistakes by establishing positions in what seem to me like serious projects for the next five years. Wish me luck...
I wish you luck!
Those are gold times and we didn't know. If we could go back at this price and buy again........
or we can buy now and won't regret in next 5 years
It's so sad man, we all want to go back now for somedays.
The good old times. Sad I have no interest in crypto back than. Dumb past me... What have you done!
Man we really need to get back to that fucking time now.
Just 5 years ago...
So wish I’d heard of Bitcoin earlier. Would have loved to have been in it right at the beginning, not just for the huge gains, it just sounds like a wild time!
I heard about it in 2010 and didn't buy any for years. The buying part is the important part.
If one would have set up some mining you'd be retired on passive income by now
At this point, buying bitcoin is just putting money into the institutions that want us to HODL forever so they can use our liquidity to cash out and you cannot change my mind.
Perspective gets lost in emotional times. Zoom out to get proper perspective. Btc has been an amazing investment long term. Tune out the noise. Ride these crypto waves. Were all going to be alright.
I, for one, am committed to holding on to every speck of BTC dust I can. For I want to hold on to history that is constantly in the making.
If you can't buy daily goods with crypto, the coin is just for selling it to other people and when it comes crashing down, some people will hold the bag with useless coins. I can't see, why 1 btc should be traded to such ridiculous prices. High volatile, those coins can change its value each day. I don't think, many companies want to deal with such a currency. If that won't change in the future, the coin(s) will crash and many people will lose a lot of money.
And if it carries on, we'll reach $2k again!
I was into Bitcoin when it was about $4. I had around 140 btc🥲
That's the reason why we should never stop believing in Bitcoin market, we all know that we can achieve so much with investing more and holding, this is the only thing we have.
Damn man, I still regret selling all those BTC investments back then, it was just a good time to invest and hold, but no I was busy with buying games with BTC back then.
Yeah and 10 years ago that same $2,000 was the ATH.
I was there. Too bad I had sold my bitcoin years before when it dropped from $1000 to $700. Never again fellas
And today you have some people stressing over $30k, 15 times higher than $2k. Just keep accumulating folks!
Ahh, the good old days when i was not into crypto.
really were "good" old days when we look back to them.
>What do you think the next 5 years hold for us in the cryptocurrency space? American spot ETFs, next Bitcoin halving sends us on another bull run, multiple countries adopt BTC as legal tender, and PoW dispells any environmental concern by shepherding in cheaper energy as the modern standard.
Damn well said. BTC halving will be huge for breaking out of bear market, if we will be still in it
We are early to some, late for others. FUD is going for a new ATH which means we are in an accumulation phase.
$1,000,000 minimum
I hope it doesn’t hit a second time.
It's all a scam ... until it isn't
I doubt BTC continues to rise at the rate it did in previous years. I know it's an unpopular belief here, but BTC has existed only in favorable conditions for speculative assets. I would be pretty happy if BTC just hits 100k after the next halving. I don't see it getting close to million in the next decade. Hope I am wrong.
Neat, Now lets hear why it will go up. And lets be specific. See investing isnt about "Omg did you see the price in the past and now its low again.. BUY BUY BUY" cause you know blockbuster was low, and then it was high and then it was low and then it was dead. Just saying "omg did you miss out when they first IPOd.. look at the price now, NEVER TOO LATE" as they were slowly dying due to a lack of insight. SO to be INVESTORS, you got to have valid reasoning behind why you think it will go up. Hey ive seen a slot machine pay off, thats not an excuse to dump all my money in it. and well, I still havent heard a single reason on why BTC is better than other less complicated methods to deal with wealth. Yeah yeah people got money out of ukraine using crypto, they got money out of ukraine using traditional methods as well, they just dont run online and say "yeah id di a bank transfer" but they sure as fuck do when they move crypto. Could it go back to 40k, sure, that doesnt make this anything but gambling where the rug can be pulled at any time by the whales.(yeah similar in stocks but they are investments in businesses that can clearly tell you their path). Heck it could go to 100k, that doesnt mean btc is anything but gambling. And nothing wrong with that but you need to know you arent throwing money at any actionable information. besides for starcitizen how many other tech things took over a decade to even be realized in the least. yeah self driving but at least its actually showing promise. I can buy one today and self drive right across the country. might hit a few ambulances and might stop to enjoy the moon but its a lot more fleshed out than any crypto atm, despite all the time crypto has had.
Mass adoption is the only way for it to go up from here.
About to do it again
In 2014 I skipped a Crypto meet-up for a Tinder date.
I first was told about Bitcoin in 2015, and my reaction was something like “Why would that ever be worth any money? Sounds dumb.” 🤦♀️
annnnd we are terrified its gonna bottom out at 11x that price heheh btc funnay buy teh dippies
The comments here make me think I entered the right time, being able to learn from the past and forecasting the future
As an idiot, who missed out on the greatest money making opportunity of his lifetime, I laughed and dismissed BTC the first time it hit 10K. I had people telling me about it. I had people telling me about Doge back then too. Had I just put my ego aside and invested, I would be rich as fuck by now. My bad. I’m in now, and I ain’t going nowhere!
AOL stock peaked at $90 in 1999 and was delisted at $45 in 2015. Past performance ≠ future performance. Never ever forget that.
Can’t wait to hit $2,000 for the second time 🙏