Bitcoin Forum

I stumbled upon an article on Yahoo Finance, which really sparkled my interest, it's from February 2021. It is consisted of several scenarios, coming from the early days of 2010 until nowadays, 2021. I think that its performance is quite astonishing, even if you aren't an early adopter, those $100 could still be a great investment in the long run.

Starting from 2010, BTC's average price would be a few cents at most (The article mentions 6 cents per BTC), your $100 investment would now be worth $73.000.000 (BTC value $44.000, with current value of $50.000~ that would now be $82.843.920!)

Even in 2013, that Bitcoin was starting to gain in value (Approximately $600-700 each) your $100 would now be worth $7.800 (valued at $50.000).

What's interesting is that even throughout years 2017-2019 (Which is our very recent past), those $100 which is like a petty amount of investment, would lead to pretty decent profit, from such a petty amount.

Bitcoin was and still is one of the best investments someone could make, I strongly believe that there's still earning/investment potential. Sometimes I am thinking back and wonder what if? What if I had even bought $50 worth of BTC back in 2014, when I registered here, now I'd have a decent amount of money. I wish I had realized the potential back then, but I was too young. It's no time for regrets, we should keep going forward, in an effort to acquire as much knowledge we can, which can lead us to a new earning potential.

Source: https://finance.yahoo.com/news/bitcoin-price-soars-much-100-163535191.html

I also had that what if before but I knew to myself that just like the other nostalgic crypto posts about selling early like the famous Greg Schoen tweet.

I've probably have sold with a few hundreds of profit instead of holding just like those projections and comparison of amount that have rendered IF being put into bitcoin several years ago.

If I bought ..
If I hadn't sold ..
If I had not lost the wallet.dat and the private key ..
History always repeats itself, statistics say that about 3 million bitcoins are lost forever.
This is a good lesson, so you need to take good care of all cryptoassets, make more copies and invest in interesting projects.

This statement makes me regret knowing bitcoin for no longer, but what I can do when something that should happen today is a condition when we still don't know and don't know what bitcoin is. Indeed, if you count regrets, you will not be able to accommodate millions of regrets. However, I am still grateful to be able to get to know bitcoin until this very second, because maybe outside there are still many people who don't know or don't even want to know about bitcoin. Being grateful for today's blessings of knowledge is much better than regretting something that was not necessarily in the year of bitcoin's creation.]

With If we remake the world, It's coincidence events, personally I got to know bitcoin around 2013 but I'm not the type to keep an asset for long and sleep peacefully. I feel the urge to sell even though I believe bitcoin has a bright future ahead of it. (Even though at that time the illegal businesses around bitcoin scared me a little)

That's correct, I didn't make this thread to rant about what I could have done differently, but it's nice to see how it all started and have a flashback back to the past.

Probably what would have happened with the majority of its users, we would have probably sold when those $100 reached $200-300.

The value may be the same if it is still on BTC. It will be different when you are converting to fiat. Yeah, Bitcoin is about converting that coin into fiat in order to know the value itself, moreover the rate conversion of the coin.
We know that at that time, BTC was still very doubtful and many people didna care about this technology. It is very different with the condition right now, where many people will always involve in Bitcoin and also cryptocurrenices.

I participated in Bitcoin also nearly 10 years but I don't store long-term Bitcoin. Now I realize that is the mistake of alone. In 2018, after a strong fluctuating Bitcoin slipped everyone said that Bitcoin collapsed I sold out its Bitcoin. Then the market was stable and the price of Bitcoin increased, I no longer Bitcoin to sell. I stopped investing Bitcoin for a while. And now after many events occurred, I decided to continue to invest Bitcoin and have new strategies.

Of course, everyone has this kind of feeling, regrets, what if scenarios, specially if you have known bitcoin early, like 2010. We should have been self made millionaires by now, if we just buy and hold btc that time. But we really don't know that future, there are early bagholders who sold and take their profits and they didn't see the price going to around ~$60k and the possibility of reaching 6 digit status in the future.

So we all made our 'mistakes', but we can still jump on the bandwagon and reach our goals of becoming rich by just investing today and look for the long term.

LOL, Your account post history seems shady and probably hacked/bought account. I don't know what's the catch here by acting that you really own account through posting about 10 years ago. Even your statement is true, Your Bitcoin investment history is a roller coaster ride and very hard to imagine. You should learn to hold Bitcoin since you are involved for long period of time and witness many times how it behave.

I never have enough money during that time but I regularly earn a few hundred a month and when I heard about Bitcoin is wasn't really that big of a deal because it sounded like its just for the computer geeks exchanging cards. When each of them cost more than $1000 that's when I get to be interested, a bit too late because $100 can only buy a fraction of it. Regrets for not really looking into its technology and invest. Life is full of regrets.

I started learning blockchain and mining from then on and since I can't afford devices I end up gambling. Its the first I did after earning a few BTC. Regrets again for losing it all.  

I am also thinking that way before, what If I knew bitcoin since 2010, am I going to invest bitcoin or will just ignore it, but for sure if ever I bought some bitcoin on that year, I don't think that I can hold it until now, once the bitcoin pumps a little bit then I will do the same thing as what other do I will also sell my bitcoin right away because no one knows that bitcoin could be like this, no one knows that it can reach $60k, started with a cheap price and now with huge amount of value and now starting to adopt by man companies.

It's very easy to talk about what could have been after the fact by watching the already changed price. But the reality is that most people who had $100 in bitcoin back in 2010 were like most people who had $100 in bitcoin about a week ago. Both of these groups panic sold when they saw a volatility.

The 2010 people panic sold when price fell from $6.4 to $4.8
The 2021 people panic sold when price fell from $64k to $48k

If I bought Bitcoin at $ 100 in 2014,2015, I would probably sell Bitcoin when its price reached about $ 10000, $ 15000. No one can know what the market in advance will be. And how much bitcoin price will reach the peak. All are just anticipation.

Thinking about it makes one really feel a big regret for not doing it.  ;D  I would have become very rich now. But after seeing the price coming to these levels, it's easy to think like that of course. There was no guarantee for Bitcoin to even continue its existence in the end.

This is a very common situation for a lot of people. But if you bought Bitcoin just because of investment, taking profits (selling) of your Bitcoin after some increase of price is not wrong at all, taking profits is never a bad decision, you already made profits on it.
For me, there are few people who manage to hodl their Bitcoin from 2010 to now, there are lot happened along the road  :D

History repeats itself for sure, it's just interesting to have a quick look back in the past. We can actually notice that the patterns were almost the same as now, as you've already mentioned. Even at the lowest prices, people were in panic selling their coins, even if that was worth a few dollars back then.

it is true ..... very few people consider going to the highest climax point of bitcoin prices whether it's from 2010-2021 or even in the coming year for example 2030 because every bitcoin holder is still ejaculating when bitcoin starts jumping on stage and want to take that opportunity to make a second caress

There's still a ton of potential in Bitcoin. Best proof is that the more people join it, the more adoption it gets and therefore the higher the price and usage seems to be. Now think how many of your close friends know in depth about it and/or have invested in it. Once at least 25-50% of them are going to be invested in BTC, it's going to be wild. There's just so much potential we're still early adopters even today.

But is a 2017-2020 investment considered a "decent" profit? Only in the last few months BTC grew from $10k to $60k, that's 600% in a matter of months. Whoever had the luck and guts to invest in BTC during the 2020 crash has over 1000% profit in under 12mo. It's not decent, it's insane.

You are quite right here, although some things have changed dramatically when it comes to prices, and from my personal experience I can say that many think it is too late to invest in BTC, and accordingly buy various altcoins which they think should achieve the same or approximately what Bitcoin has achieved in that time period. Greed has become even greater after all, as few would be happy to achieve x5 or x10 in the future by investing in BTC.


You're not the only one who didn't understand the potential of Bitcoin, most of us were still quite skeptical 5-6 years ago when the main topic on the forum was whether the price would ever reach $1000 again. If some of us would go back and read some of our posts we would see that we were pretty wrong in many things. However, it is much more important that we did not give up in some difficult moments and that we are still here.

I was pretty young back then, so I can't actually beat myself for not investing, I had bought some BTC though, but it was obtained for another purpose. I remember asking my parents to lend me money, so I could invest in buying a Bitcoin or two back then!

Anyway, the point of this thread is basically to understand Bitcoin's potential throughout the years, from its founding, till now that the price has skyrocketed.

I've joined crypto in 2015 and during that time Bitcoin price was just $150-$200 mostly I gain my BTC coming from my cloud mining investment particularly in HashOcean which is turn into an exit scam lately in 2016 during that time I was lost 14 BTC in that cloud mining exit scam and if I was holding that BTC amount till now it was worth already a staggering 700K dollars. that was during 2016 and what's more if you start investing since 2010  your a Bitcoin Millionaire now I sure that's why I believe BTC is a good long term investment. 

If you invested in 2010 and did not sell Bitcoin until today, each person will profit more than 60,000 times in value if you take Bitcoin $ 1.
It was very difficult to buy Bitcoin with better value because Bitcoin was very little known at the time.
The most important thing to keep Bitcoin for so long and sell them by 2021 is do they still remember their Bitcoin wallet password or recovery phrase?

It depends if ever you managed to hold for that long, then you're probably living your life to the fullest without worrying about money. Moreover, there will always be an earning/investment potential in BTC and other alternative coins as well even though it's a bit pricy to buy now and betting on a promising project as well is a good idea to grow your money.

In 2016-2017 there were lots of cloud mining which is turn into an exit scam, and I'm sorry to know that you are one of the victims. Moreover,
you lost 14 BTC, that's a huge amount if you sell now. But that's how life is, sometimes we experience bad luck. But I am sure you will definitely
get a lot of valuable lessons in your bad experience. I agree with you, if we invest starting from 2016, the profit that we produce is enormous
if it is sold now. Especially if we started investing from 2010, the resulting profit must be much greater, maybe now I can live in peace and don't
have to think about financial problems anymore.

The Biggest regrets of each person that denied Bitcoin from the beginning , and our frustrations as we ahave just learn Bitcoin recently and late than that time.

Wondering if you invested just 10$ that time , now you are 8 million dollar richer?

Damn that's tons of money for just even a little higher from penny .

Sometimes this is why I love having a Time Machine so i can turn back the time and purchase every bitcoin that cross my way  ;D

Congratulation! If you invest 100 dollars on Bitcoin since 2010 until 2021, you really have become a billionaire. It will be difficult to hold their Bitcoin from 2010 so far. Currently Bitcoin prices are very high. You are too persistent. Actually Bitcoin has taken over the price of wobbly. I also invested in Bitcoin but until Bitcoin up was sold out.

Congratulation! If you invest 100 dollars on Bitcoin since 2010 until 2021, you really have become a billionaire. It will be difficult to hold their Bitcoin from 2010 so far. Currently Bitcoin prices are very high. You are too persistent. Actually Bitcoin has taken over the price of wobbly. I also invested in Bitcoin but until Bitcoin up was sold out.

I probably wouldn't have 8 million dollars, even if I had invested a grand back in 2010. Most of us, myself included would have probably sold by the time that investment reached $1.200-1.500. The same goes if we supposedly invest $10.000 now and then proceed to sell when a 5-10% profit was achieved, despite the fact that BTC may still possibly reach $100.000 in a few years.

What if questions mean nothing. Real experiences are worth more, and our experiences, knowledge and investments is what we have to be looking at.
This argument also means nothing, since you take one extreme that obviously nobody ever followed, and you try to make a case with it, like this is something that would ever be applicable.
You are missing too many variables that are so important that make this argument not worthy. And it is not worthy, because whatever you write about this topic it always ends like this:

Everyone's dream here in this forum , and even those who had just entered or learned about Bitcoin is now having this thinking if they have only invested in this market since then , surely they are a instant millionaire by now.
Exaggerated , Not billionaire if invested 100$ that time , it's only hundreds of Million.

The whole point is that the person who invested in bitcoin in 2010 would not have been able to hold it to this day. The temptation to sell and take profit is too great. Therefore, it seems to me that there is not a single person who still holds bitcoin since 2010.

I take two lessons from this thread:

1) Buy and hold as much as you can.

2) If you are going to take profits because the price goes up, never, ever sell everything you have.

Those who had $100 10 in 2010 probably would not have been able to hold them until today, but a good strategy would have been to make partial sales, without selling everything, when the price reached $100 to $500 to $1000, etc.

I kinda agree on this one because you have a point, for what I believed there's no can pull off that thing none other than satoshi himself. First of all, you never know that Bitcoin would grow this much because if you do then perhaps there's a high chance you could pull this off. Usually, if you saw your invested money grows 10x or more you will be tempted to sell because you don't even know if this will continue to increase or not so you will definitely sell. However, now is different because everyone knows the capabilities of Bitcoin and it becoming mainstream perhaps this will push for some individual to hold their BTC for long time.

All those "What if" questions are pointless.
Almost nobody(or a really small amount of people)are HODLing Bitcoins that they have bought or mined back in 2010.Nobody in 2010 would have believed that Bitcoin will be valued at 60+K USD 10 years later.
I guess that most of the early Bitcoin adopters were happy with a 1-2 USD Bitcoin price. ;D
The same "What if" question can be applied to ethereum as well.
What if you bought 1000 ethereum at 0.5 USD,back in October 2015? ;D
 

I know, it's pretty much pointless to look back and wonder if you'd have done something differently. Chances are, that even if you had bought Ethereum at 1 USD, we'd probably have sold it by the time it reached $3-$4. I highly doubt it that there are people who are still holding BTC since the early days.

I remember BNB was at $25 in December, now it's over $500. It's not like we can predict the future, even if I had BNB, I'd probably had sold it by the time it reached $100.

Thing is people including like me will just probably overlook this coin if I was still back in 2013-ish era. Not many people expected it to be this big, including me as well as I could be hella a millionaire already if the price was indeed like 7 cents in those years you mentioned (2010).
There is no point in regretting already because somehow we still managed to see it grew bigger and bigger years by years.
The 2017 bull run really gave me the motivation to "fuck it, gonna throw some here already".

Greetings, my friends

 

In 2009, the year Bitcoin was created, no one could have thought that it would gain this popularity. Its initial price was about $ 0.0001. Over the next five years there were no major events, so the price slowly increased with little fluctuation.

 

In 2013 Bitcoin attracted a lot of attention due to the Cyprus banking crisis. In November 2013, the Chinese started to buy bitcoin in bulk and the price increased by 1,000 percent. However, this did not last long.

 

In February 2014, there was a denial of service attack on the servers of the MTGox Stock Exchange. At the time, the stock exchange controlled about 60 percent of Bitcoin transactions. The attack hit Bitcoin hard, and the price dropped by 40 percent. Throughout the year, until January 2015, the price continued to decline.

 

During 2015 Bitcoin gained popularity slowly but strongly and during that year the price started to rise little by little.

 

Since May 2016 Bitcoin has gained the confidence of more and more people, and its price has continued to rise.

 

In June 2017, the market witnessed a dramatic decline and the price decreased by 14 percent. Today Bitcoin is regaining its position

If I had invested as much as $ 100k in 2010 then I would have a huge profit this year, I would definitely buy a luxurious home and open a large enough business to earn some extra cash in my old age.
but I am very sorry that I sold some of my bitcoins in 2018, at that time I felt that the price of bitcoin had reached its highest price and was going to fall even further.
The price of bitcoin at this time has increased many times the price of bitcoin in 2018, this really surprised me and taught me to keep holding bitcoin until the price is much more expensive in order to get a bigger profit.

In 2011, when I was writing my thesis, my older brother suggested that I invest $ 1,000 in bitcoins. It was so unclear to me where I should throw the money for which I could actually buy something for myself that I refused and only laughed at his offer. Now he jokes at me and often reminds me of this phrase "what if you listened to me?" Who would know how I hate these conversations! But from all such situations you need to learn a lesson and not be sad about it. A new fashion for NFT has come and here I will not miss my chance to get rich! :)

So how much your brother invested and he might be a millionaire by now if he invested when he was confident that it will be a successful market. I was holding a decent amount of coins till the last rally and unfortunately i sold majority of my holdings and did not purchase again at the right time and waited too long to invest again before this years rally, even though i am happy with the profit i am not happy with the way i missed the opportunity.

As long as there is the hype you can make money, will see how many projects will last in the next five years.

When the price was around the value of 1000$,most of people fear to inverse to the new platform.Now the price of bitcoin crossed the value of 58k now.The people who had invested their money from 1k,they had got huge profit from now.Not all who brought got profit now.The people who had invested and hold till now had his profit now.

Same I know myself very well that even if I strongly believe in crypto I would surely sell it at some point before it even get to it's current ATH.
It is easier to be said but be honest most of us would really sell their Bitcoin before it even get this high since no one knew that it could get this high back then.

When I saw the current price of bitcoin, I had in mind why I didn't know when bitcoin was still at the price of 50 $ or 100 $, maybe I would be a millionaire if I knew bitcoin from the start, it's the same as when selling btc at 40k $ and now it's getting higher ,
if I invested 100 $ in early 2020 also I still get many times the profit but it was not maximal when we invested in the early days of bitcoin.
but that's how life is always never satisfied with the achievements that have been obtained.
being grateful is the best key to the income that has been obtained because if we look up we will never be enough and make lessons for mistakes that have ever been experienced

no one can be sure that something like what is happening today will actually happen when the price of Bitcoin is still below $ 100. We all can only speculate about future projections of Bitcoin, while the thing that can change everything is whether Bitcoin will be accepted or not by various elements of society. We all know that rejecting and accepting Bitcoin as legality has a huge impact on the price as well as the movement of the community.

Regret selling Bitcoin at a cheaper price, or doubting Bitcoin and not keeping the private key are the unfortunate things we should leave behind from now on. Cryptocurrencies are getting crazy now, not just Bitcoin, but many Altcoins are starting to go to the moon one by one.

At that rate, if we get around 0.001BTC, then today either the rate or the amount of BTC is the same. It's just that if it is converted to fiat or USDT, then we will find out how big the nominal value of the BTC is. If you intend to hold on for a while longer, you won't get profits yet. But if you sell it for example to USDT, of course this will happen more,
Especially someone with very strong fundamentals who can only hold strong coins. This was just the start of leaving the board and get some much money from that BTC profits so far.

One important observation is that if you bought Bitcoin in any given day between 2009 and 2020 you'd score big time.

Think about it. All buyers in their days had the same fears as you do. What if it goes down right after I buy? What if it never reaches a new high? And yet it always did! Maybe the good time to buy bitcoin is always?

The second thing i think about when reading post like yours is that we are all getting big profit but will we ever sell? I bought some time from now and did not sell when my profit was 5x, 10x 20x. At times I think if I will feel like selling when I'm at 100x my first investment. Will I choose fiat money or the feeling that my money is multiplying when I sleep .

Do not feel strange when you get an article in 5 years where the article indicates that if you had invested 500 dollars in BCH ¨Bitcoin Cash ¨ you would have 100,000 dollars or a very high figure remember that this is the newest of the BTC and Block network Chain and I think that in the medium term it will be close to the value of BTC and as we already know the currency that rises the most is BTC and the one that may be close would be DOGE COIN, that is my way of thinking.

Bitcoin Cash is something that I see very well and I think it will happen like in the article you published.

It is also relevant to review other data such as the number of active addresses on the network. Today we note that while the price increases with considerable force, the number of new users is not too encouraging.

Despite the fact that we have been seeing a fairly significant increase in the volume of transactions, it can be deduced that it is more a product of the emotion caused by the price rises, than of a healthy growth in the adoption of cryptocurrency.

Either way, BCH has managed to stay alive as one of Bitcoin's most important fork, and we won't see it suddenly disappear, at least not in the short term. Meanwhile, Bitcoin Cash will continue to capitalize on the bull run of the crypto ecosystem. :)

There are many what ifs and late realizations that are coming up into the minds of people now that we are currently seeing the improvement that have happened with Bitcoin. Ever since it was created way back 2009, only few have believed and too many have doubted on its capacity to grow and last for years. Now that we are having Bitcoin right in front of us with incredibly great price, many are saying "what if, I really regretted I haven't invested into Bitcoin at times," and many other things like that. It is now too late to play back time because late realizations will do nothing but regrets. What is the important thing is the present and the possible future right ahead of us. We must just nourish that and make things possible to not make the same mistakes and regrets we have in the past.

If I had invested $ 100 in bitcoin in 2010, I wouldn't have a chance to hold it until 2021. we have to evaluate everything according to its own time. A lot of people would have invested $ 100 back then and sold them at the end of 2017 for sure. Someone whose goal is solid, whose goal is real, who is focused on his goal would have only ever held it.

Correct. This is why we shouldn't regret anything. Imagine how many people sold BTCs in 2010 for pennies and now could have been millionaires. A simpler way would be HODLing. Coz you never know what the future might bring :)

as we know the volatility of bitcoin is very high, let alone one year, in just a matter of weeks or months there can be high price changes.  just take advantage of the opportunities that exist.  And please stop regretting it when you have sold it at a lower price before.  do not be greedy, and be grateful for your benefits.  stop behaving like a child because you can't get what you want, it will only spoil.  in holding crypto coins, there are only two possibilities: profit or loss, if you are lucky then be grateful because you are not caught in a loss.

To be honest, I hate those "if you invested xyz amount of money in bitcoin back in 2010 now you would have xyz millions".

First of all, it's not a good or healthy thing to look like that at the past and think "what if", as you are wasting your time that should be used for better things, like thinking what you can do now. 2nd, chances are that you would sell your bitcoin long before we reached these levels.

In the end, it might make some think that it's too late to invest now, since they probably won't become millionaires with a few dozens of dollars investment.

In fact there is no one who will do that, if you are the real crypto user you will update how bitcoin price move be it per month or per year. In this case, if you bought bitcoin 2010 ago using $100 then at least you will have 100 bitcoin in your pocket. It means, when bitcoin price increase to $1000 then you will tend to tempted to sell it because you will already get a huge profit and I'll bet you will sell it.

More than that, at that time there is just a few countries who accept bitcoin and even there is no companies who accept it. So as the opportunity for you to sell your bitcoin that you had is widely open. Other than that, bitcoin was able to reach $20.000 2017 ago and fall sharply to $3500 at 2018 ago so as you will be carefull to holding it for lkng term investment.

Did people throw or toss btc around like it was nothing back then?  I always heard that people back then would buy some btc back then to gamble on sites and treated those coins like not much since well they were pennies or a dollar each.  Like imagine they want to buy 500 dollars worth of btc when btc is a dollar.  Then go to online casino and gambled with it or things like that.  Im sure tons of people treated btc like it was nothing back then right?



Also wouldn't that mean tons of people back then probably all had at least l00 btc at one point or more easily?  Like tons of people probably had l000 or l0000 btc when it was worth l0 cents each etc so they didn't treat it like anything?

One most interesting and bad luck story of my life, In 2011 i purchase 11 BTC in $100 to my friend and sell into $200 after one month and very happy to get good profit.
Moreover I cant go back, but know we have a chance to buy ETH, BNB, etc..

Unfortunately In 2010 I was so young.But In 2018 I have invested my all saving.

Investing $100 in btc from 2010 has been a millionaire now  in 2021. We buy and sells on daily basis so we can not make money like others with holding power. People invested in 2010 has proven that holding for long term good projet can gives amazing profits.

That is if they had hodled bitcoin without being tempted to sell it at some point because there are points where bitcoin got good prices and I don't think that someone is going to let that kind of thing pass by. Someone who hodled back 2010 up to now deserves the profit because they have nerves of steel of a patience.

Why do you regret of something that you have really no idea to begin with?  It doesn't make sense, does it?  Oh well, I think majority of us would have sold that BTC when the first bull cycle appear. But yeah, BTC had grown so much that many of us are really astonished.  If ever I have bought $100 of Bitcoins way back 2010, probably I already sold them all during the 2013 bull run and I will be on the side watching how Bitcoin grow without regret... probably.

Current. I know i did back in 2017 when all my crypto assets equaled above 1BTC and I did not understand why i should have held on to that money I was seeing and when I also knew that the market had started to dip. It was a good ride then after cashing out and still feels good now cos it was put to proper use but I could say with the better experience I have now, I would trade differently. 

How i wish that i have known Bitcoin back 10 years ago , but i'm not and only learn about this couple of years ago and invested automatically .
Imagine if i have Put even 5 $ that time ? i will be a millionaire by now.

to those who have managed to at least hold their Bitcoin for 5 years now, you are all lucky one because you denied the call of greediness back in 2017 when Bitcoin first recorded a 20,000 value.

i'm sure no one predicts the price of Bitcoin today will be tens of thousands of times the price of Bitcoin 10 years ago.

even today you still think Bitcoin is a "highway to get rich".  i really believe those who bought Bitcoin 10 years ago were not at all interested in wealth, at that time they sincerely bought Bitcoin because it was a great innovation and concept.  You will continue to have the opportunity to become a billionaire in Bitcoin, it's just that you have to understand that "bitcoin makes you free".