Bitcoin Forum

Here is the original thread Parity Party!!! (https://bitcointalk.org/index.php?topic=2734.0).

Unfortunately, there are only a few who responded on that there, but you can see some Legendaries there, like Hal and others. Now in 2021, when bitcoin reaches $100k what do we call the party then?  ;D

Well, sounds funny that someone predicted there that bitcoin becomes $10k, --and he is right and the last one is $1M per bitcoin it seems perhaps right after 10 years from now. However, if you have profited 10x fold, that is perhaps there is a party- party and cut a half to reinvest again, I am afraid with the party-party if everyone will sell their bitcoin and it will begin it dump again. Indeed, we must be thankful that bitcoin was able to surpass all valuable investments like what Hal said there. I really appreciate that dude.

There's still sort of regret and others might even think the same and ask ourselves, what the heck I'm doing by that time. What's done is already done and we cannot go back to that time. And probably if we'll hear about bitcoin on that time, we might think of it as a joke and won't believe what's on it immediately.

Hodlers party?  :P

Personally, I'm really not that excited for $100k per BTC; also taking note that it's really not that far off. On the other hand, you wanna know what's REALLY worth celebrating? $1 per sat. That's when I'm really going to party till my balls fall off. 🤣

Back then, Bitcoin getting into $1 was already a big milestone. That post is very nostalgic to all those who have been in Bitcoin for the past ten years and who are able to really hold and was not tempted to forego whenever the coin reach a bigger price milestone. Now, I am wondering what can be the comments of the people who will be reading these 10 years from now. Will they be celebrating because BTC has already surpassed the 1 million mark...? Let's wait and watch.

Now the BTC  (https://trade.kucoin.com/BTC-USDT)market ATH is around $48k now gonna wait for the $50k

If someone were to travel back in time to tell them that bitcoin will not only get just to 1 USD a pop but 48k USD, I think that they will think of us as crazy people, I read the thread and they are really ecstatic that bitcoin is going to reach the 1 USD value. I don't seem to see any users there that are active in this forum to this day, and I think that we should do their Parity Party in their honor as the pioneers of bitcoin.

Its a cool thread "the parity party" and a memory from the eyes of those who got on the train early and how it appealed to them. Pretty much a lot of them were positive about it but yet, a lot of doubts from the others and optimism as some where ready to exchange it for goods why others were okay with it as a means to gratuity.

Now, can't say its getting in early anymore, its already 11years past and a lot has transpired between them and now but then, you can't really pin point how long have Bitcoin got to stability and with a lot plaguing the system in recent times, not so many would see the potential of that price $100k in 2021. Mind you, its a thing to note that a year ago, non of us expected Bitcoin to circulate around $50-55k and who knows, it might apparently hit $100k and if you managed to own a few, it would be a "fun party'' for all.

When the parity party becomes, "FUN PARTY",,, to be continued...

Upon reading the thread, it's definitely the "explosive" moment that Hal is pertaining to. Imagine being there and just investing a thousand dollars back then and you would have 45 million now. That explosion might be nuclear levels. Lol.

Anyway, if you were to tell that $100K party, with its definition of parity, it can still be called Parity Party. That's the best name :D

I'm down for that. To be fair, the more realistic Parity Party would be satoshi parity to cent (both being the smallest denominations of their respective currency but you can quote me as well if $1 sat happens, I will party till my balls fall off. Even my dust faucet accounts left alone for years together would give me a comfortable life!

P.S. Can't believe I'm using the word "realistic" and "parity to cent" in the same sentence though =D

This topic make me realize how idiot i am at that time because my friend actually tell me to buy bitcoin but i just ignoring him.

When the price of bitcoin hit $5k for the first time then it make me realize, i should know better about this investment.

And here i go, still keep learning everyday about this investment.

After decade those people if they are keeping investing and hold the bitcoin they are millionaires, and maybe they got a huge party now because they earned millions of dollars. I'm hoping that I predicted what happen this year or last few years ago and goes back to that year and I invest a lot of money and maybe I all in money and wait 10 years and to earn millions money or maybe billions because the prive of the bitcoin is very cheap on that year and everyone can achieve 1 bitcoin and we will get thousands of pieces of bitcoins easily because it's lower $1. Im hoping that they have coin who are going to look like what happened to the bitcoin and I hope I already have it so I can earn more money in the future.

Good point, probably that will be the biggest party ever, hehehe. But $100k will be a milestone, and $1 per sat will be the icing in the cake.

Just love to read those old threads though. And for those who haven't realised it, we are still early, you can still join the fun.  :)

Among all the factors that contributed to the recent BTC rally, the COVID-19 factor is the most prominent one in my opinion.

Honestly, BTC reaching $100k seems realistic considering the fact that the Corona effect has yet to subside and I don't think it will fully disappear by the end of this year due to new variants of the virus constantly emerging posing problems for the vaccines.

When BTC touches $100K sometime in the future, I think that 'Road to a Million Party' would be a great name since BTC would be 1/10th of the way to a million.

I thought the word "Parity" is made-up. Since the Covid, there are a lot of investors of bitcoin but we can't call it a quarantine party or a pandemic party since that is just a negative word added by a positive word at the end. How about the "Ascent" Party? "Leap" Party? I don't know, maybe the "C-K" party? C as in the Roman Numeral?  ;D

It may have been 10 years ago, and the predictions also could have been dramatically wrong.

Just remember that at $1 per bitcoin, if it loses 50 cents on the value then that's a 50% loss. A million bitcoins would be a loss of $500,000 at that rate.

Just because it happened, and took 10 years to do so, along with extreme government tyranny to cause it to happen, doesn't mean that it was a wise investment at the time. It equally could have been a terrible investment.

today is a party that has the history of the rise of bitcoin and no one would have thought that bitcoin could reach a price this high. 10 years ago I was a teenager who didn't understand anything about crypto even about computers. It's fortunate for people who have been aware of crypto since the inception of Bitcoin. Buying when the price is below $ 1 and holding it until now will certainly be very rich. What an extraordinary investment. some of them are active until now but some of them have also disappeared and their accounts are also inactive.

Then, that be good for you and I was expecting that you are holding a lot of Bitcoin after realizing that this is a profitable investment.

I know a lot of people just missed this opportunity because, at the very start, nobody is expecting to have this trend from $1 to $50k, that will be crazy. This might be a perfect time to start the party while waiting for the price to reach $100k.

Anyway, not all of us have the guts, many we're still ignoring this. Very unfortunate but this is the real thing that happens to crypto. Sometimes we feel bad and have some blames.

 

It's amazing that the person who started this $1 thread is still active here on bitcointalk. It had to be one hell of a journey!

And there's a very informative post by Hal Finney who says that bitcoin is just too good to be ignored because not many things in this world give us an opportunity to triple our investment. If only more people had listened ::)

It's easy to look back and say I'd do this or that but it would require some enormous power of will to hold a $1 bitcoin until now.

Hal Finney was a genius who played big part in building Bitcoin and said in that topic that tripled in value in that time frame, and what do you think he would say now when Bitcoin is 50k?
I don't think he would be surprised very much because he predicted much higher BTC price would be possible in future, and he was talking about million dollars for each coin.

Then 10 years from now they could also see the same scenario,
Some of the member who participated on that Parity Party thread are now gone from the forum,
We could say it would also happen in this thread.
And maybe 10 years from now the value of Bitcoin would also be so far from it's current value.