Bitcoin Forum

http://www.24businessreport.com/news/en/uk/hiax/index.html (http://www.24businessreport.com/news/en/uk/hiax/index.html)

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! 8)

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.

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.

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.

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.

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!

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 (https://uk.trustpilot.com/review/www.etoro.com) 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.

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.

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

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$ :-\ investment will be 4.4$ profit in the future 8)

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.

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.

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.

You don't even realize how many opportunities like this one are passing under your nose. There were so many new companies on the stock market that multiplied their value over the years, you just had to put your money in the right place. I remember back in the day euro was worth much less than dollar, like half of it, and a few years later we had the opposite situation, dollar went down and was worth 0.5€, now they are worth almost the same, so if you knew that and wisely converted your money, you could have multiplied it.

In most of the condition this type of trading are done only by if you have contacts in that companys which are going to burst and the profit is going to be in large. like that only who ever have bought 7 yrs ago that time some of them throwed it and forget it and some of them got the private keys of the wallet and now enjoying it, but they have thought it dead on 7 yrs back but now that dead is giving them millions.

I must have bought some bitcoin in the past but I can't remember where I keep them  ::)

Which companies mate?  there is no such a thing as investing in said companies or stock market that could be made as easy as investing

On Bitcoin, if you were to take advantage over dollar vs euro you'd be needing millions or even billions to earn a decent profit, what ever

Investment opportunity there is in the world none of them could give you more than %5000 in 7 years and even if they could it wasn't

Something as open and being internationally reachable like BTC. even now it's out there in the open for grabbing, many people still think

Bitcoin is some kind of investment tool all the times talking about risks, they don't get it or are using it the wrong way, it's a bank with

No headquarters while it's a currency as well with no government to print it.

This "shocking" information is kinda useless, because very few, if any, people hold Bitcoin since 2010, selling Bitcoin below current $2500 zone may seem stupid now, but no one knew how much will it rise until it crash (like in 2013), so it totally made sense for early investors to grab some nice profits. It was also very hard to even get knowledge about Bitcoin in 2010, because it was off the radar of most media, so unless you were interested in cryptography and p2p networks, chances are you won't hear about Bitcoin at its early days.

Things like that might happen at bitcoin prices. Fluctuating bitcoin prices make us gain big profits or losses. It could be that in the next decade the bitcoin price becomes very high or becomes lower it is all possible. I think if you have bitcoin then you save it. Janga delay too long to be able to profit from bitcoin .. use trading on sale of bitcoin. Selling at a time when expensive and buy when cheap

It is so late to make these statement, bitcoin's price 8 years ago was really surprising, who would have thought that a $.03 price of bitcoin is now at $2000? A lot of people regret not paying attention to these digital currency at it's early stages, but now that it is really popular and leading as a most valued digital currency, everyone are wanting to buy and earn them amd make a living out of it.

Well that's way back 2011 you are making us regretful ;D let's get more recent, let's say 2015 or 2016, for example if you bought bitcoin in that year, your money be 10 times more in profit. But it's not too late to buy bitcoin and be like them.

As the saying goes " Don't cry over spilled milk ", there is no sense on which has happened already. True that if you bought $5 of BTC 7 years ago you'd be multiple times richer by now, but that was the past. Start now and work harder in order to be successful on this field :)

That was the past and I didn't even know bitcoin back then and it is always easier to look at it from hindsight. And unless one was certain that the price back then was going to reach the levels where the price is at now, there's nothing that could be done anymore. Best to just look forward to the future and buy while the price is still low and maybe another 7 years, the price is at $10,000 or even more.

That's true, but who could predict the future?
That bitcoin prices will go to the moon from 7 years ago till now?
No one. And not many people already know about bitcoin at that time.

So, why regret now? We should just moving forward.
It's already happened, we couldn't change the past.

I know a guy (or at least knew him). He bought $10,000 of Bitcoin all the way back in 2011 and now he is worth close to $30,000,000. In fact, he is the reason I found out about Bitcoin in the first place. He always posted about it on Facebook. At the time it was only $11. I wish I had known what it would become, but hindsight is always 20/20. I am happy that Bitcoin is going to potentially be worth $1,000,000 someday and if I can make a few, at least will have some skin in the game when that time comes. :)

well sure, if you had the right numbers for the lottery you would be 160.000.000 usd richer ;)

The problem with that is there is nothing to do, we cannot change the past, especially when not many people were aware of bitcoin, so I think it is better to try to concentrate on what we can control, our present, that way we can find ways to improve our holdings of bitcoin right now and not think about an opportunity that is never going to come back.

That's true. I had learned in the past and to trust Bitcoin and be wise in making decisions since I had lost that opportunity too or to the new ones out there to not follow the mistakes of most of the people in the past. The past teaches us lessons which will guide us to our future encounters. But he also has a point to stick with the recent ones since I think the posts like this are enough to make people realize that they should've entered Bitcoin earlier or hold it.

It's fun to think about but let's be honest, unless you were very technically inclined and specifically looking for a new currency or a technical marvel you never would have found bitcoins. I didn't even hear the word bitcoin until 2013!! And I didn't even look into it then! So 2010 never would have happened for me. So I can't really have regrets.

I've known about Bitcoin for so long but never actually thought about investing in it. I regret my decision, but I'm in it now and and I still see huge potential for it. I believe that in the next 7 years it'll make huge gains.

you are right. but usually when people see things like that they  think everything is over and they are too late and there is no room to grow anymore. that is why i usually like showing them the most recent things first then the bigger picture of the very long term investment.

I know 7 years ago, bitcoin was only .4 usd I think. The price is so low that makes it not appealing to everyone. But look at it now. It is so high and it might reach the moon. I know that it will reach the moon after many years. Bitcoin to the moon whooo.

Hindsight is perfect as they say!  If only we knew then what we know now.  I would be a millionaire!  Oh well, live and learn.  It's not too late if we save up now we can be saying we were so smart - fast forward 10 years.

If you have a large capital, I think there is nothing wrong buying some bitcoin as a big investment, but keep in mind that some problems will happen on August 1 do not make you worry about your investment, so think it back

that's what I have been saying when a ~$7 simply turns into ~$90 in 2 years you know what huge potential bitcoin has. and the good part is that we have not yet seen even the smallest percentage of the bitcoin's total potential. there is a lot more room to grow into. as more adoption happens and the demand for bitcoin which is very scarce, increases the price will only keep rising.

https://i.imgur.com/wsEYmwE.jpg

you can also see the 1 in a million stats over the years here: https://bitcointalk.org/index.php?topic=1790863.0

That's true, but none could have thought that bitcoin gives such an increased profiting in such a short time period. In the same people who understood it in a better manner invested into bitcoin and had made them to be millionaires. Recently too an young boy who invested into bitcoin years back became a millionaire just because of bitcoin.

If you bought 7 years ago and lost your hard drive only to find it today, otherwise, if you bought it 7 years ago you would have sold it 6 years ago

I wonder how many people will look back at Bitcoin in 2025 and say, "If I only bought some bitcoins at $2300 back in 2017" I would have been a multi-millionaire now. We always have some excuse not to do something, when we have the window of opportunity to do it.

What will your excuse be now?

not really true, you would end up selling those way before the current pump, guaranteed, because for example with 10k bitcoin, at $100 each you are already tempted to sell, let alone from $100 to $1000

it's very hard to hold all the way to the current era, very few people would have done it, the majority would have dumed at $100 or even less

Correct, who would have thought that wayback 2011 that bitcoin price will go this further? No one, but for some who by chance or who is a visionary saw that bitcoin price will go strong in the future that's why they bought it. I guess, its not late for most of us to invest in it and so that we see our money go generate good returns. And I think this really serves us all that we should really invest early to reap the benefits in the future.

Every single bitcoiner that haven't discover/bought btc by that time is thinking the same way. All, are full of regret that they could be rich by now. Well, we can't turn back in the past. Just work harder and smarter in crypto so that you can still achieved being rich.

I expect btc to sky rocket if the 1.8 changes go through without a hickup..

I don't think a person who bought $5 of bitcoin could have waited until bitcoin gets $2,500 or above. The person who bought for low prices, would probably sell it after he gets x2 or x5 let's say.

It is too far away from the current time we are into right now. But if that is the real equivalent of bitcoin for the current time, it is such a great upset that we are unable to buy some as you say 7 years ago. But it is no doubt right now because bitcoin is still pumping its price a great indication that bitcoin is still improving its price value as time pass by.

As you said most people probably would have sold their bitcoin shortly after buying them when they gave a good price

That's  incredible and it also saddens my heart that I didn't take the hints rather seriously when I first heard of Bitcoin then. I might have been a self made millionaire too.

very few people actually believed in bitcoin when price was this low but this is good motivation for most of us that missed this chance to become millionaires by investing in bitcoin now! Fingers crossed hope it wont take another 7 years to make peoples dream become a reality

I think it is smart to just try to buy 1000 - 10000 coins of all cheap coins which have a good usecase.
I am personally doing this on ETH, ETC, Dash, Zcash, accumulating slowly on the dips (like the ones 2 days ago)

But the issue here in essence is that not many people bought 7 years ago that still have their lot till today. Those who were lucky to have bought then, would have sold if not all larger percentage of what they have in the various ups and down that have been witnessed in the last 7 years so in essence tracing back memory lane, there is hardly any one who would have bought at 5$ and would be that rich today. We might have but will be very scanty.



If everybody had known then we would all have been rich... Dont stress it, you are not the only one.

I think such topics are useless because it make people just feel regret about their previous behaviors. Instead i think the best thing is working for the future and holding as much as we can of bitcoins, and altcoins.

It is easy to say things after the fact. If you game heads or tails. "I should have said heads not twils then I would be rich" easy to say after it happened. I think most people who still have bitcoins from then forgot about them. Or just though it is not worth selling them all so sold some at a time.

I want to know how many people this happened to. Very interesting bit we can never know. It is fin to guess.  ::)

Correct, and if you used Gavin's old faucet that paid 5 bitcoins per claim, You would be a millionaire if you claimed a bunch of claims, Of course we are looking in hindsight now, since there is no way people accurately predicted bitcoin to rise to $3000 at that time (in a reasonable and evidence-based way not random predictions).

Haha, everyone's rich in hindsight.

You can do this now with some new alt coin project if you get in very early and don't sell prematurely. But it's definitely hard to time the right moment. There are always opportunities though so yeah you need to get lucky  ;D

To my mind luck is also important factor. Read forum's old threads and posts, users were sending 10 and more btc so easily, sometimes as a gift but now no one will do that because 10 bitcoin is really huge amount of money and at that time, it was just some usd. If anyone knew that bitcoin's price would so high, believe me, those people wouldn't send so much bitcoins so easily.

Do you really want me to point a finger? Haven't you heard of companies that became big from scratch, like Apple? 1980s Apple shares costed $0.5 and rose to $150 20 years later. Google went from $50 to almost $1000 in 7 years. There's so many chances at making money all around us, BTC being just one of them.
I know it went much higher than those companies, but it was also less known. I personally never heard of it until the rise in 2013, but by that time i've heard of Apple and Google.

Yes, the element of luck is also involved as well. Bitcoin was unknown that time and who wouldn't invest in them? Nada. Only a few maybe, but I  think they already sold it during the bubble of 2013. So I don't think there are still people who are holding bitcoin for that long time. As you can see some are sending 10 btc like peanuts before, because they don't know that bitcoin will reach this far.

Sure, everyone knows you can't change anything about the past, but it is still fun and interesting to think about what coulda, woulda, shoulda been. As long as you don't dwell on it too much or let the regret of not buying/not buying more weigh you down.

Just like back then, the key is what you can do now in the present, given what you know now and what are you going to do with that knowledge now. If you do the best/make the best decisions and plans now with the knowledge and resources you have right now, then ten, twenty years from now when someone makes a similar thread as this one, you can say you have no regrets.

Yes but nobody can predict the future and 7 years ago I still didn't know that Bitcoin exist, so no need to calculate the things that we won't owned, it is better to focus on the present and the future, we still can get profit from Bitcoin and alt coin, now we need to focus on how much and how long do you dare to invest on crypto currencies

You're right.There should be no regret,no ifs and buts.Of course it's very clear that you'll be a millionaire now if you have done buying 7 years ago.But your knowledge about that will help you pursue your goal now.Because i'm sure there is only one common goal for everybody and that is to become rich.So when that moment will happen again,we know already what to do.

If I just have caught wind of bitcoins back then, I would have bough that much. What's 5 dollars, right?
Problem is, back then bitcoins weren't even on the map. People who invest in it are reaping the benefits now.
Fortune favors the bold, as the saying goes.

The problem is that time machine has still to be invented. anyway, the past is past and all we can do is just to reminisce them. However, there is something we can do today and that is to acquire more Bitcoin as much as we can because 7 years from now the value can be astronomically high and we don't want to look back at that time (again) and wish that we bought Bitcoin 7 years ago.

its only in my dream we can go back at the first time bitcoin launched so we can buy much of bitcoin with $5. i missed that time too like other people but i think i am not regret because its all happen in the past. and all we can do now, we can trying as much as we can to become rich person from bitcoin. there are no regret because of the past and we should do what we can now and i am sure that we can be better person and the best thing is we can be rich person soon  ;D

These things doesn't matter anymore. No one knew about Bitcoin back then. And even those who knew about it carelessly stored their private coins, or even lost whatever coins they got from mining.

this will be so nice...unfortunately I discovered it only in early 2013. still it is good to have discovered it

Let us stop thinking all of these WHAF IFS and just focus on today and the possible future. We could not go back in time and get rich by being the first to grab the available Bitcoin at that time. Had it been possible, I think the whole world would be in a big chaos. Let's reserved this whole idea into TV and movie fantasies.

Now, having said that, we should instead work hard and increase our Bitcoin portfolio so that years from now we will not regret and would be so happy instead because our stash of Bitcoin has already reached $500,000 per Bitcoin...

What about that?

This is correct, even if I have always been interested in technology I have never heard of bitcoin ,in my case until the mid part of 2014 and then I ignore it, so unless we were part of the group of people that were looking for something like bitcoin to be invented then there was not a way to know about this amazing development.

every time I think about me selling my initial pot of bitcoin i want to drive a stick in my head. I will not make the same mistake twice.

I can agree with what you have to say but there is a simple truth to this for most of us - we did not invest that much in the bitcoin network and that time has long passed. We should me making investment choices for the future years to come and not think back and regret our decisions from the past. This will get us nowhere, let alone generate more money. We cannot go back now - rendering this thread useless as it provides us with no new information. We all know what happened, but lets focus on the future.

guys there is a multitoken economy coming. there is your chance, I am sure there will be at least 10 coins where you buy now 50 USD and that will be worth millions. I hope that I have a couple of these coins in my portfolio.

go and buy some champions! (well that the hard part ;) good luck!

nahh stop that conclusion, it's just like "If your mom married his friend that became popular artist/entrepreneur now, you maybe become very rich", just accept this day condition, make this days condition more better like disseminate better information than you maybe rich... or some kind of joke like that, bitcoin almost fell many times because FUD or fake informations, so let's make this community become better than ever

This, it is impossible to predict the future and while an investment of that size would have paid off great dividends, we need to forever forget about such a thing, we need to concentrate on finding the next great hit and make money that way so we stop lamenting ourselves about another lost chance.

That was the biggest regrets i ever made in my life, way back 2009 when I first encounter bitcoin, at first i tried to mine using my CPU and GPU, then plan to buy some bitcoin, however i couldn't find where to buy. then suddenly I jump to new office, then it's all gone,

If I could successfully invest few dollar on bitcoin, I could be more happy than now.

Hope never dies with past, now I am trying to put things on the right place to earn great at bitcoin,