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Lol. This is yet another example. We have seen it many times in the forum, when time has passed and we see the extraordinary revaluation of Bitcoin, we see these things and we laugh, but at the beginning when Bitcoin was worth pennies, and nobody knew about it, and if you heard anything it was related to fraud, or drugs or terrorists, well it was difficult to see how it was going to revalue.

In any case it is good to remember these things at this time because there are a lot of people pessimistic about the price.

Quote from: Ratimov on January 14, 2022, 12:37:20 PM

Maybe, there is a point, if you look at the last 10 years, I think out of 100 people who get satoshi/Bitcoin, at that time 1 or 2 people still kept their keys and passwords under the mattress, the rest could only contemplate not being able to do much.

Let's say I, being in those 10 years, maybe I should break into my house looking at the keys and passwords I have stored, given the current price of Bitcoin, One house I dismantled, two I could make again with the current Bitcoin price, but I really couldn't find the key, starting all over again, maybe I'll remember the worst thing I've ever done.

The bottom line: never think that something we do is worthless in the future, save it well, so as not to regret it.

Quote from: Ratimov on January 14, 2022, 12:37:20 PM

I don't know if something similar has already been posted on the forum, but still. I love these artifacts. This is the story of bitcoin, the story of how people felt about it at the time, 10 years ago.

snip

The case when the losers became winners. Yes, I understand that there is an extremely small chance that these people were able to make the correct profit from this consolation prize, and most likely they got rid of these coins almost immediately. Although, everything can be, and one of these guys still became a millionaire .... who once lost.

This picture shows well the era when bitcoin was not taken seriously. Few understood the potential of this asset at all. As a result, at current prices, the winner received 2 000 times less than the loser. :D

Bitcoin is a digital property that is constantly growing in value. Take care of it, because in 10 years those few million satoshi that you once received somewhere, even on this forum, can turn into a very impressive amount.

That's a clever title for this post. Bitcoin indeed makes the loser a winner if we look at it from that perspective.
I have seen this picture earlier may be on this forum or some other and it had also mentioned that the person who received the bitcoins sold it to buy something for himself.
But I hope not everyone of them sold all of it and some would have saved at least some of it.
I can't imagine how many more scenarios similar to this would be posted on this forum 10 years from now. There might be hundreds of stories.

Well, that didn't age well. Not that I blame though, 10 years ago who would've thought Bitcoin would be where it is right now no? Even if there were people who believed, I don't think they set the level this high even way back then. Still if they actually just forgot about it and still have it now, then well that's a life-changer right there. Highly unlikely though, I mean, who would keep their keys of a wallet they don't really care that much well taken care of no? At that point it's just up to luck on whether the person themselves did something to their house in years.

Hopefully, in 10 years, people who have Bitcoin right now could have the same experience as people from 10 years ago if they were to get their Bitcoin from back then today.

Man this is pretty amazing. I also love finding stories like this out there where people had no idea what bitcoin maybe even was or certainly how big it’s potential was. I see this a lot with the collectibles hobby where people were gifted a 1btc Casascius coin but end up just throwing it in a drawer and forgetting all about it. Hopefully this person just stored it somewhere and forgot about it but was able to recover it eventually. I use bitcoin for my fantasy football league and we’ve had situations where even 3rd place ended up winning a ton due to bitcoins price rise.

It is same as Bitcoin faucets which gave away many Bitcoin in the past. Now if we look back, we will say faucet receivers in the past are very lucky but it is only partially true.

Lucky, yes it is because you are lucky whenever you get gift, airdrop, reward, etc.
Unlucky, if you don't realize its hidden value and lose it later. I mean how many people who claimed Bitcoin faucets years ago or got rewards for losing their fights in-game as Bitcoin, are able to get access to those Bitcoin years later or nowadays?

Most of them lost private key and lose their Bitcoin. Estimate from experts reveals that it's about 4 million Bitcoin was probably lost

I have not really seen this particular type of post anywhere, but I have come across this kind of event that happened of this same nature. About the man who used 10,000 BTC to buy just 2 pizza, which marked the Bitcoin pizza day, which is always remembered. These are some hilarious events that happened which the actions are being referred and also remembered over the years and in years to come. This has made lots of the holders of Bitcoin to keep on holding strong to the available bitcoins at hand. This was a way through which made the existence of bitcoin whales to have so much, and still pushing the market to take out profits and fill more bags.

This is another example of self-made rich people but you know what, if you check their wallet, those bitcoin will no longer remain in their wallet, they should have probably sold for a penny that doesn't worth it.
If you look at the image, it's a giveaway contests with range category for different winners, they will definitely have sold for some a cup of beer.
I have learnt from bitcoin to always remain some fractions on my wallet anytime I want to sell any demanded coins, who knows what tomorrow will tell, you would have something to be proud of when others are going to the moon.

Quote from: tbct_mt2 on January 14, 2022, 02:45:05 PM

It is same as Bitcoin faucets which gave away many Bitcoin in the past. Now if we look back, we will say faucet receivers in the past are very lucky but it is only partially true.

In fact, it's nice to see these people were using bitcoin as currency back then already, including faucet owners. Undeniably they were responsible for presenting bitcoin to many others who weren't aware about the digital currency yet.

Quote from: tbct_mt2 on January 14, 2022, 02:45:05 PM

Lucky, yes it is because you are lucky whenever you get gift, airdrop, reward, etc.
Unlucky, if you don't realize its hidden value and lose it later. I mean how many people who claimed Bitcoin faucets years ago or got rewards for losing their fights in-game as Bitcoin, are able to get access to those Bitcoin years later or nowadays?

Most of them lost private key and lose their Bitcoin. Estimate from experts reveals that it's about 4 million Bitcoin was probably lost

Everyone who had some kind of contact with bitcoin ten years ago or so was really lucky. However, if they chose to not enjoy the opportunity, it was their own mistake to throw away all the luck (or gift) they were granted, what doesn't mean they weren't lucky anyway.

Unfortunatelly many wallets and bitcoins are lost, but it's never too late to start again, especially because the lost coins make it probable for bitcoin to rise even more in value futurely, as the supply is more restricted than expected when bitcoin was recently created.

It would be the perfect anime ending if one of those who took the consolation prize managed to keep the coins and come out ahead. However it would be highly improbable for that to happen given how long it has been since the event. Back then, only a handful of people knew about bitcoin for sure, and those who received it might have sold it almost immediately since it's practically valueless by that time. But at the least, we saw how these tournament organizers tried to present bitcoin to those who attended that event, and for sure have stimulated the curiosity of the players there.

Quote from: Ratimov on January 14, 2022, 12:37:20 PM

This picture shows well the era when bitcoin was not taken seriously. Few understood the potential of this asset at all. As a result, at current prices, the winner received 2 000 times less than the loser. :D

No one had really believed out that much when Bitcoin was just new and starting up and for those losers who do still able to get hold of those coins and didnt sell out then they are millionaires now
Considering on the current price of btc as of this writing which is 43k per coin then its valued a million dollars but its unlikely that these fellas had able to hold and neither they had sold them
when it do still have value which i couldnt blame off since no one could predict out on what would happen in the future but if someone had high hopes of these coins
then it did really pay off worth.

Reading OP, this is one of the very rare situations where i would really want to be a loser, lol. I can imagine that even the so called losers then, those who got the btc did not see any value in it because of the popular opinion that they lost. The state of regret that they will find themselves if they somehow unfortunately did not keep access to the where the bitcoin was, will be unimaginable, it will be a life lesson, a story on how to be happy with, and see value in your prize.

I did some digging and it seems that out of the four players that were supposed to receive a consolation prize of 25BTC each ^{[worth $41.75 at the time (https://liquipedia.net/starcraft/AoV_iCCup_StarLeague)]}, one of them ^{[Szikszai "Sziky" Miklós]} didn't take it ^{[source (https://world-today-news.com/sziky-on-the-bitcoins-won-at-the-2011-starcraft-tournament-i-didnt-take-them-i-asked-them-to-pay-me-40-games/) - not sure for the other three]}!

Judging by the content of "this thread (https://tl.net/forum/bw-tournaments/190866-aov-iccup-starleague)", I believe "BTCsportsbet.com ^{[archived (http://web.archive.org/web/20131203192809/http://btcsportsbet.com/)]}" was responsible for those BTCitcoins.

Quote from: mrongoz_imut on January 15, 2022, 01:17:50 AM

bitcoin makes losers a winner, because with the presence of bitcoin we have the courage to look to the future, even though bitcoin can't give us wealth but at least bitcoin has given us comfort and prosperity, especially for myself personally, don't be tired to fight, don't give up when pressure comes.

We can be losers if we sell bitcoin too early but if you can hold for some time and only sell it at a high price, we will be the winners. Bitcoin depends on how we can use it with right and that is why without having proper knowledge, we will not be able to use bitcoin with the right. So it will be up to you what you will choose but I am sure that you want to become the winner by using bitcoin and selling it at a high price.

Quote from: Poker Player on January 14, 2022, 12:51:05 PM

This is one of those pictures that is an indication about the primal history of BTC and its price on the market. Since everyone is somehow informed on how its price skyrocketed, most of the investors follow such example by HODLing most of their investments and waiting for the next fork to happen in order to maximize profits.

It is just so funny to witness that almost 98% of the whole population did not know that BTC even existed during that time, and the remaining 2% of the people who did know about its existence, mostly sold/liquidated their coins. I wonder on how many people during that era were able to HODl at least most of their coins until now.

Quote from: mrongoz_imut on January 15, 2022, 01:17:50 AM

Yeah, and Bitcoin isn't supposed to just give one quick and automatic wealth, I mean it's not just a get rich quick scheme, it's a network that offers its users the opportunity of being their own bank, and that is what I consider to be one of the best benefits of being in the Bitcoin network, though there are a whole lot of them. Personally I believe we haven't even started harnessing all the benefits of being in the Bitcoin network, as the network continually develops and grows to mass adoption then would more people appreciate the Bitcoin network and want to join in; finally, I've not had any cause to regret being a Bitcoiner, and I think there will be more reasons to celebrate going forward.

Not surprising if you compare it with the Bitcoin Pizza. It's a matter of time. During that time announced prize Bitcoin was underestimated. Because that time people can't think Bitcoin will be in its current position. It's like we can't imagine now what will be the price of Bitcoin after ten years from now. We are selling Bitcoin for $43K right now. Perhaps the next generation will laugh at us after ten years. It's hard to predict what will happen. However, the example is good to take a lesson.

Quote from: COOLCRYPTOVATOR on January 15, 2022, 06:57:32 PM

Lesson on which you couldnt able to reach it out if you do focus on investing with bitcoin since you couldnt able to achieve 100-1000x more in price as of todays value thats why people would opt in on

dealing with altcoins since they do have the idea about potential on earning big amounts on a specific period of time.No one couldnt really tell on what the future looks like thats why it cant really be

avoided that you would be selling things directly or on point just to benefit out on that particular time and without minding on saving those because they dont really have much
value into those times.

Quote from: SFR10 on January 15, 2022, 04:13:35 PM

Judging by the content of "this thread (https://tl.net/forum/bw-tournaments/190866-aov-iccup-starleague)", I believe "BTCsportsbet.com ^{[archived (http://web.archive.org/web/20131203192809/http://btcsportsbet.com/)]}" was responsible for those BTCitcoins.

^ This is what I am thinking and for sure at that time BTC price was too cheap at that time and belongs to consultation prizes.
It is the same on the pizza man who bought pizza using his BTC and now this scenario sound very when we know BTC price was very expensive today.
But this is new to me, I saw the different story of a recall of the BTC amount, and even us, try to look out our old wallet and find those transactions on BTC, I supposedly have 2 BTC if I did not spend all collected amounts, but it was not, I spend them all.

Quote from: im posible on January 16, 2022, 01:47:09 AM

Thanks for sharing this impressive artifact, I can't stop laughing and the motivation to rise overtakes me just as my mind is sinking right now.

This made me realize, bitcoin doesn't make instant success, success in bitcoin is the accumulation of patience over the years.

This has been circulating on the Internet for awhile and it's a pretty impressive thing because who knew that bitcoin's going to be really valuable up to a point that a small amount can change someone's life, I just hope that the people who has received this bitcoin prize still has this in their possession during the ATH of the market.

Quote from: Ratimov on January 14, 2022, 12:37:20 PM

https://i.ibb.co/8PSL40t/34344.png

Is there any chance that we can turn the time back? so we i can participate in that event and will intentionally lose the chance in getting
the 1st-4th so i can take 25 bitcoin as a "Lowest Prize"?

it sounds funny surely back those days because 10 years ago bitcoin does not even valuing that 25 bitcoin to 100 dollars and yes Insane time.

We can only wish seeing this post that If we could only turn back the time? for sure we will multiple times .

Who the hell would write Bitcoin with a big C,like BitCoin?
Is this the way people were writing the word Bitcoin back 2009-2011? ;D
I can't imagine offering Bitcoin as a prize back in 2011.The guys,who won BTC would have been pissed off by the fact that they have to create Bitcoin wallets,deal with BTC addresses and having to find a way to sell the BTC for fiat money.This is hilarious.
Is this screenshot even real?Screenshots can be faked by using inspect element.
Who the hell is keeping screenshots from Starcraft tournaments,which happened 10 years ago?
This is most likely a joke and Bitcoin was never offered as a prize in such tournaments.

No one would put the same price like that again with bitcoins but with altcoins is still possible and that would be a great innovation if they make a tournament like that again. What a wonderful experience when you thought you got a stone with no price today but turned out to be the expensive currencies you could ever have in the future. Right now the best price would be NFT items that have some legit developers and you get it for free by participating in their giveaways or promotions and you keep holding it until the price will spike in the future.

Quote from: rdbase on January 14, 2022, 11:53:12 PM

This sort of post reminds me of the days of some individuals who were doing the faucets every hour and getting several bitcoins for it.
To think that was only ten years ago just goes to show how far satoshi's project has gone.
But then again those gamers probably traded them for an ingame item or worst, forgot where they put them.

Yeah, most people that were earning that amount probably didn't realise how much potential Bitcoin had. Especially, when in align with the OPs post were rewarded it, but wasn't actively pursuing it.

Its good to see these days we're seeing more, and more people understand the true worth of Bitcoin, and that's not correlated with the current price of Bitcoin at all.

Quote from: SFR10 on January 15, 2022, 04:13:35 PM

Makes sense actually; back then if you didn't know or care about Bitcoin you probably wasn't going to create a wallet just to receive a bunch of internet money. I expect the other three if they wasn't involved in Bitcoin prior to entering the competition, they probably didn't take up the reward either.

Quote from: Maslate on January 14, 2022, 01:04:57 PM

I wish I could travel to the past so I could change my life forever. :)

You could've your wish granted but you won't be allowed to rejoin us on planet earth. How about that 😏.

A friend told me three years ago how he sold his six Bitcoin in 2014 or so. At that time I wasn't even aware of anything called Bitcoin. I looked at him like an alien and wondered why he didn't even discuss the Bitcoin stuff with me. Truth be told, I'm sure if he had told me then I wouldn't have taken it serious as I'm always hard to convince. Again, even if I had bought any Bitcoin then I'm sure I would've sold long ago. It's the same way that person who was gifted 25btc for coming last wouldn't have made anything substantial from that. They would've sold at a pitiable price and taken the profit in what would look like a giveaway in today's calculation.

Quote from: Mpamaegbu on January 16, 2022, 07:18:38 PM

Quote from: Maslate on January 14, 2022, 01:04:57 PM

I wish I could travel to the past so I could change my life forever. :)

You could've your wish granted but you won't be allowed to rejoin us on planet earth. How about that 😏.

You couldn't have guessed, neither could we. Regarding OP's post, it's funny that people were practically mocking Bitcoin back then, even a few years later, the last position's reward would be worth over $1.000. However, I highly doubt that these Bitcoin winners actually put them in good use, there are either lost in the blockchain forever, or sold for pennies.

Quote from: Ultegra134 on January 16, 2022, 09:14:03 PM

Quote from: Mpamaegbu on January 16, 2022, 07:18:38 PM

Quote from: Maslate on January 14, 2022, 01:04:57 PM

I wish I could travel to the past so I could change my life forever. :)

You could've your wish granted but you won't be allowed to rejoin us on planet earth. How about that 😏.

Sold for pennies for sure yet that last prize is just too small compared to higher spot which is common sense and they would really be converting those coins directly and im pretty sure
that those fellas are really having regrets specially if they had remembered out that they had won something like that in the past or they would just completely play dumb that it
didnt happen for them not to stress out themselves on selling which is something that might had able to make them millionaire as of today.

Quote from: Poker Player on January 14, 2022, 12:51:05 PM

It's true sir, many people complain about the current price, but they forget the incredible achievements of bitcoin to date. In fact I think most of them have gone many times when compared to current prices. They just want to make a profit and do not want the price of bitcoin to experience a correction. However, such conditions are normal in the market.

Bitcoin is a digital property that is constantly growing in value. Take care of it, because in 10 years those few million satoshi that you once received somewhere, even on this forum, can turn into a very impressive amount.
[/quote]

This is honestly my best part of it all, the essence of holding bitcoin will be seen soon.... Despite the bearishness of bitcoin, we've got optimistic folks to keep us(Juveniles in Bitcoin) in shape about Bitcoin.
Thanks for sharing this knowledge and information.

Yeah, yeah. Bitcoin and a couple of crypto currencies have proven to be valuable and in demand as time passes which brings a lot of profit to the people who invested and believed in them. But the thing is, without all the knowledge of how things went for crypto and other influences today, I highly doubt that if the time went back, to 2009 or so, people would still not invest and would even make fun of the people who do. Fact is, until people see results they won't bother giving a sht(most people) which is why only a few had success even after all those years.

Quote from: Ratimov on January 14, 2022, 12:37:20 PM

https://i.ibb.co/8PSL40t/34344.png

WTH ;D the lowest prize worth more than 1 million dollars now haha , Imagine if the winners disregard the bitcoin that time and just now that come to senses and check their respective wallets about their coins?

I can't believe this happens in the past when most of the world is not listening to the call of crypto enthusiast and just neglected the chance to become a millionaire now.

Quote from: nullama on January 16, 2022, 04:44:56 AM

I reckon none of the 4 winners of those 25 bitcoins still have them today.

None of us knows this , maybe some of them even forgot since then that they did participated in such event and now have digging their wallets? who really knows lol.

They're not really losers. They're also winners actually. It's just that they did not make it to the top.

Anyway, I also saw this image before in a tweet. The humor is heavy with lessons. But isn't it amusing that even in those very early years Bitcoin was already some sort of a thing worth to be given as a prize? Although it was only given to those who got the lower ranks, it was still a prize given to winners. So it must have already been treated with value.

Quote from: Darker45 on January 17, 2022, 02:29:03 AM

Exactly, despite the fact that Bitcoin wasn't had just started and hadn't gained so much value at the time, some persons still saw the value in it in its little beginning, so much value as to even give it out as a prize.
Let's say the person who got the reward of 25 bitcoins was wise,/patient enough to still hold unto it, he'll be dwelling in lots of funds now.

Quote from: Similificator on January 17, 2022, 02:09:59 AM

you are right, when we go back to the past where bitcoin was first known, of course if we buy and store bitcoin then many are harassing. because at that time bitcoin was not very valuable at all, even if it would be sold only for online game payments and did not think about wanting to save as an investment. because no one thought that bitcoin would be accepted by the community and used as a very potential payment.

no one thought that currently bitcoin could make a lot of profit for its owner and be used as a very promising investment for now until whenever. because bitcoin has grown into a promising asset for everyone who owns it. So it's true that you say that only a few are successful today because only a few have been holding on from the start. so lucky that until now continue to do the storage until the long term because it enjoys an immeasurable gift.

This is how time have changed and if those who have got that bitcoins still hold onto that prize will be lucky enough to turn millionaire at the current prices of btc above $41k or who knows what profit they might have made.

There were other examples also where some faucet sites were paying 5 btc to solve a captcha and imagine if someone has collected quite a good amount of them at that time and still holds it today? The profits association with holding btc have been immense over time and yes you are right bitcoin could turn the tables anytime.

Quote from: Ratimov on January 14, 2022, 12:37:20 PM

https://i.ibb.co/8PSL40t/34344.png

The case when the losers became winners. Yes, I understand that there is an extremely small chance that these people were able to make the correct profit from this consolation prize, and most likely they got rid of these coins almost immediately. Although, everything can be, and one of these guys still became a millionaire .... who once lost.

This picture shows well the era when bitcoin was not taken seriously. Few understood the potential of this asset at all. As a result, at current prices, the winner received 2 000 times less than the loser. :D

Bitcoin is a digital property that is constantly growing in value. Take care of it, because in 10 years those few million satoshi that you once received somewhere, even on this forum, can turn into a very impressive amount.

True that. As you said, those that received the Bitcoin as compensation then most probably just got rid of them quickly for whatever price but if any of them for some reason see it as insignificant and forgot about it for a longer time and was still able to access the wallet years later will certainly have made a good fortune from what ought to have been the last position. There is definitely a good lesson to be learned here, even a simple faucet adventure I have been engaging in for some time now is worth about $22 cos I click on it every morning once I log in to my system ;D I know it will be worth even more years from now plus more clicks ;)

This is an inspiring story, and it's unbelievable how much the price grew over 10 years. I do believe that Bitcoin is still undervalued and many people don't take it seriously enough. I agree that whatever one may have now can be worth 10 times that much in 10 years. But not 100+ times as much. Those days are over, and there's a simple limit to Bitcoin's growth: the world's economy. Global GDP is around 100 trillion dollars, and while Bitcoin can be worth a significant part of that, it sets a limit, the way I see it. Of course, the world economy is growing, so it's not an absolute limit, but it's a relative one, and assuming that Bitcoin can be worth more than, say, 50% of it, is definitely unreasonable.

If you will think of yourself in the current time, this is kinda funny to see because we know how much is 25 Bitcoins right now.
If you will think of yourself and travelling back 10 years ago, you will just see Bitcoin as a mere meme coin that has a low value at that time.

TBH, its funny to see that a picture of that is still in the internet after 10 years. Now after seeing that, I might join the tournament and I will hold any crypto coin for around 3-5 years as long as it already has value :D. What is the lesson here? Just hold your coins whether it is a shitcoin, a meme coin or a coin like Bitcoin because most of them increases its value overtime :D. Nahh don't take what I said seriously its your decision to make.

Quote from: Ratimov on January 14, 2022, 12:37:20 PM

Actually, those "losers" who received 25 BTC each were lucky. Today, 1 million satoshi is worth about $410. I believe this amount of BTC will cost $1000 after the next mining reward halving. So it would be a wise decision to accumulate as many satoshis as possible while they are relatively cheap.

Quote from: Ratimov on January 14, 2022, 12:37:20 PM

The winner could spend $500 to buy very cheap bitcoins from some cryptocurrency exchange and immediately withdraw them to his Bitcoin address to do HODL. But most likely, he did not invest in BTC.

Quote from: mk4 on January 14, 2022, 01:53:20 PM

Quite weird to be giving out bitcoin for last place though; was this like to not make the last prize seem so cheap lmao? I'd assume it's like $25, or probably less.

I just looked at the CoinMarketCap chart for Bitcoin. This oldest cryptocurrency related website has been logging historical data since April 29, 2013. As far as I can see, the lowest BTC price of $68 has occurred on July 5, 2013, so I guess the last prize was around $50 or even higher. Perhaps this guy did not know what to do with coins, because at that time there were not a lot of cryptocurrency exchanges.

If those who were in the 5th-8th place still hold and keep their Bitcoin until now, they will be exactly the winners and become really rich. but at that time, people still don't see any worth in Bitcoin Maybe some will let it be in the wallet without willing to convert to fiat because they might think that the amount was not worthy. Let it be in their wallet until now and they are very lucky right now. With the note that they really still hold them and have the private keys or other data to access the wallet.

It seems that we may not underestimate something, because what we may cosnider something unworthy today maybe very worthy in someday later.

This should be turned into a Meme and used by every Bitcoin enthusiast around the world. Mr Lee Sharpe should be made famous, like Lazlo with his Pizza buy. ;) I took a screen capture of that to show to all the people who laughed at me..back in the day... when Bitcoin was seen as a FAD that will blow over. (their words) ;D

Thank you OP for posting this... it brings back bad memories from the time when people ridiculed us and a burst of joy and hope from the profits we made and the profits we will still make in the future. ;)

Very Inspirational post but frustrating to those who early learn bitcoin but did not pay attention instead denied the possibilities of gaining .
There was a friend of mine that has accumulate at least 50 bitcoin back in 2012 from a small trades , but when he earns more than half year after? he sold all the coins instantly , and now he is one of those who is crying for losing a chance to become a millionaire lol.
this story is almost the same as the offers of wins to be Bitcoin is the lowest but look at it now lol.

Quote from: Ratimov on January 14, 2022, 12:37:20 PM

https://i.ibb.co/8PSL40t/34344.png

You can imagine how bitcoin was viewed some 10 years ago, as a consolation price that equates a drinking water bottle. Not to mentionthat it sint a single BTC we are talking about here but, a whopping BTC25 we are talking about here. It's really a case where the losers became the winners for sure and that applies to those who had the foresight to hodl.
Should they know, they would have fought to loose on this particular occasion. Value could be really tricky. If such tournament was held to carry the same price, I wonder what the fight would look like, lol.

Quote from: kotajikikox on January 20, 2022, 11:27:58 AM

There was a friend of mine that has accumulate at least 50 bitcoin back in 2012 from a small trades , but when he earns more than half year after? he sold all the coins instantly , and now he is one of those who is crying for losing a chance to become a millionaire lol.
this story is almost the same as the offers of wins to be Bitcoin is the lowest but look at it now lol.

That is because he doesn't know that Bitcoin will reach $60k. If he just knows it or everyone knows it, we gonna expect that majority will hold their Bitcoin and I'd see no life in the market. This is to support the volatility of the market and it keeps until forever. We can't hide our fear and that is why many were selling their crypto when it dumps.
But if that was going to happen to me, I don't cry nor I have to regret but being glad I was knowing Bitcoin will increase its value in the future.

Quote from: kotajikikox on January 20, 2022, 11:27:58 AM

~snip~ he sold all the coins instantly , and now he is one of those who is crying for losing a chance to become a millionaire lol.
this story is almost the same as the offers of wins to be Bitcoin is the lowest but look at it now lol.

Maybe your friend is one of the many people who regrets that it's so great today. I don't think they think the future about its value when selling. Needless to regret, today the most important thing is to take advantage of all the opportunities we have to be more than what we have right now. We just need to learn to be able to be like the title of the author of this topic.

Quote from: Ziskinberg on January 20, 2022, 01:44:46 PM

Quote from: kotajikikox on January 20, 2022, 11:27:58 AM

because indeed we can't even know what the future will be like, including this bitcoin.
for people in that year, bitcoin could be said to be less valuable compared to now because in that year bitcoin was still at a very cheap price unlike now.
cry or laugh in the future no one will know until it happens even if you laugh now you might as well be like them crying in the future

Quote from: kotajikikox on January 20, 2022, 11:27:58 AM

Alrighty, I am a bit guilty of this. I somehow learned back then that Bitcoin was indeed a cryptocurrency but my running thought in those days was that it was only used by criminals the in dark web. That was my only knowledge about Bitcoin back then making me shrugging it off and refusing to learn more about it. I could've bought a little bit when I just cleared up my misconception.
I can imagine that friend of yours reacting to the price right now even before the ATH of 60k.

Quote from: kotajikikox on January 20, 2022, 11:27:58 AM

But he also enjoys the benefits right? What your friend should regret is that he didn't know that bitcoin had more future potential and that made him cry over his mistake. But I'm sure he's not the only one to suffer the same fate as there are quite a few other stories today about his carelessness in this investment.

Apart from that, there are a lot of people who either squandered the opportunity to buy bitcoins when the big dump in the past hit $5K or they weren't brave enough to buy during 2020. I don't expect them to cry all the way because of that, but they should start to realize that bitcoin has something to fight for for a longer time.

Quote from: skarais on January 20, 2022, 07:08:19 PM

Quote from: kotajikikox on January 20, 2022, 11:27:58 AM

People are different when it comes on handing out regrettable situations whether they do really mind off much and wont tend to move on because they do just waste up their once in a lifetime opportunity to get rich.

Well theres no turning back now because whats done is done and theres no way that you could really take it back.Charged it to experience because everything seems to be have
no potential but you wouldnt know on what would happen next.

Quote from: ChiBitCTy on January 14, 2022, 02:02:10 PM

When bitcoin launched in 2009, most people didn't believe in it and claimed it as a scam, but those who invested a small amount at that time now must be more prosperous people. For example, 25 bitcoin may not look worth holding ten years ago, but imagine if that person still has these 25 bitcoins worth 10,48,510 USD; it must be the luckiest.
That's why it is said the more you show patience more you earn the profit.

Quote from: NicNacCoin on January 20, 2022, 08:58:34 PM

I really liked this post. It's fun to lose some time. What evidence did I get today?Of course I got proof of that.Those who won were given dollars but those who did not win were given bitcoins.Today they got a lot of money from that bitcoin. This is a very good post.

This is a really good example of the rejected cornerstone turning out to be the chief cornerstone. Just look at how they gave the bitcoins to the person that they believed to be the loser, showing that they don’t even show any regards at all for Bitcoin, and now if they should look back on what happened then, they would really laugh at themselves for thinking that Bitcoin is something that is meant for losers.

And if the person who received that Bitcoin back then truly knows the value of what they got, they would hold it for a long time knowing that it is a really good investment that they got for free, and they will surely reap the benefits if they did.

Funny thing is, if it happened that the person that received these 25 bitcoins sold them back then because he thought that they were worthless, whenever he remembers that he once received 25 bitcoins for free, he would be regretting it that he ended up selling the bitcoins. Because, I know very well that back then a lot of people never really liked Bitcoin, and once they get it they look for how to sell it thinking that it is not really worth it.

But, when they eventually look back and see that they owned even up to one Bitcoin, seeing the price today would make them regret that they even sold it. No one would even give you one Bitcoin for free this time around, not to talk of giving out up to 25 bitcoins. I really hope that whoever received that 25 Bitcoin was able to hold it for long to be able to gain something from it.

Quote from: Alisha-k on January 17, 2022, 05:59:02 AM

Quote from: Darker45 on January 17, 2022, 02:29:03 AM

Well eventually everyone who owns BTC or a fraction of BTC will never be a loser, as long as someone has knowledge of BTC or what its economy represents, they will be or will have an advantage over the average, especially those who still do not know or do not believe in BTC and its deflationary economy, I think that all this is on the way for many people to become winners, those who have always wanted to be winners and have not been able to feel it, the time is now to buy some BTC, it is never too late.

At that time Bitcoin has a low value and thinking on how to convert it for real money would probably the goal of those who received it as consolation. Looking back, who would have thought it will reach the price that we can never imagine for just a digital coin? Its really amazing. Many of us regret not holding Bitcoin when the price is still cheap but it happened already and we cant turn back time.

What matter now is the lesson that we learned that we can use to decide for the future. So lets be wise and dont let a simple correction make you panic.

Quote from: lienfaye on January 24, 2022, 02:05:12 AM

But the fact is that when bitcoin went down this made some people panic, it was a natural thing because here what was at stake was money. But don't panic too much, because it won't do anything.
Before investing in bitcoin, make sure you understand the risks that will occur, it will make us more comfortable. Plus this has also happened some time ago. And it is proven that bitcoin is able to recover again.

Quote from: lienfaye on January 24, 2022, 02:05:12 AM

you are right. other than that, it will be a very important lesson for the people who get those bitcoins. I just hope that they still hold on to the bitcoins they have, but that seems difficult considering that in 2017 the price of bitcoin was also a high pump and a lot of people were tempted to sell it at that time.
well, however, this is also a very important lesson for us that we should never underestimate the slightest gift, especially in the crypto world, because we don't know whether we are holding a diamond or not. maybe nowadays, they have stories to people that they used to have more than 25 bitcoins. well, all the way i search for bitcoin, i never have tens of bitcoins in my wallet

Quote from: ancafe on January 24, 2022, 06:00:22 AM

it will be a very important lesson for the people who get those bitcoins. I just hope that they still hold on to the bitcoins they have, but that seems difficult considering that in 2017 the price of bitcoin was also a high pump and a lot of people were tempted to sell it at that time.
well, however, this is also a very important lesson for us that we should never underestimate the slightest gift, especially in the crypto world, because we don't know whether we are holding a diamond or not. maybe nowadays, they have stories to people that they used to have more than 25 bitcoins. well, all the way i search for bitcoin, i never have tens of bitcoins in my wallet

Bitcoin is the first crypto so if you have a better understanding with it, you will know that your holding very valuable piece and you wont just sold it immediately but selling it on the 2017 peak is also not bad judging how long they hold their btc and the starting price the btc have.

The story is nice and it makes me motivated right now to hold the prize that I won in a contest, I got the same vibes with the story because the prize also consist of consist of tokens and cash where I only got tokens because I am on the lowest level but I will surely hold the tokens because the project seems nice and the token has a utility.

Quote from: Ratimov on January 14, 2022, 12:37:20 PM

https://i.ibb.co/8PSL40t/34344.png

I vaguely remember that it seemed like someone had posted about this status on a topic but the topic had already sunk

if we look closely, we find many people who regret ignoring bitcoin a few years ago, I am also one of those who continue to feel regret for my triviality in bitcoin a few years ago

I still remember a lot of bitcoin faucets that gave large amounts of satoshi rewards, if at that time I was serious about it, surely now I already have a lot of bitcoins from these faucets but what can I do, time can't be regretted

Quote from: glendall on January 24, 2022, 09:43:22 PM

all no one knows about bitcoin until now, looking at flashbacks 10 years ago bitcoin was nothing, but now bitcoin has value even though it is experiencing such terrible turmoil, it can't be said that the loser is actually only sincerity in holding bitcoin as the winner

No one really knows on what would be the future looks like and this is why we do really commit out mistakes that we couldnt really turn it back and everything would really be just part of your memory and experience that you have accumulated some coins in the past.

Yes, it is really giving out some stress and regret feeling but whats done is done and theres no turning back but its really good to see that we do have that kind of history
and if we do believe on that then we might able to be that millionaire as of this year on current value.

Quote from: glendall on January 24, 2022, 09:43:22 PM

In my case, I was still young and I don't have any resources to investigate the internet at my home at that time so it's not really my fault that's what I'm telling myself to avoid those frustrating feelings that have been hunting me for years, all because I didn't take the chance to search well. Unlike others who took it as a joke when they had the chance to acquired it from faucets for free or bought it for lowest price but they denied it and laugh it out loud until they became the clown today.

it may feel like a joke come true bro, bitcoin's past is like someone had a candy bar they gave to everyone for small pleasures no thoughts of regretting later. the diagram above is impressive when the buying price is from each year up sweet story of bitcoin. those who succeeded there were also those who were stupid / accidentally saved this btc. I don't regret I just found out about bitcoin at this time and know that it's touching the price of bitcoin this second whatever the reason we will end up in trading. :D

Quote from: Ratimov on January 14, 2022, 12:37:20 PM

Indeed, who would've thought that those 25 BTC as a consolation prize will turn into an almost $1 Million today. Hopefully, atleast one of those participants had successfully hold the said bitcoins for atleast 10 years and that their life was changed because of it.
I'm also guilty about this because bitcoin was introduced to me way back 2015 when bitcoins was valued $10k+, if I'm not mistaken. But sadly, it didn't got my attention because I just saw it as another form of scam and I was so busy on other things to like getting real money at that time. To make the story short, I began using bitcoin and this forum early 2018 and the rest was history, bitcoin also changed my life.

An interesting "blast from the past." We need to create a collection book with similar stories. :)

Suppose that if you buy 25 bitcoins now, it will not bring you the same huge profit in 10 years as in the case of this artifact. Because the cryptomarket is maturing, there is more money in the system, and less volatility. One thing is certain, if bitcoin doesn't make you a millionaire already, it still allows you to keep the value + multiply.

Quote from: NicNacCoin on January 20, 2022, 08:58:34 PM

true, this clearly illustrates something real at that time, where bitcoin is not something very valuable compared to the value of $, because there are still many who prefer to get $ than bitcoin. If it was pulled back in time, this would certainly make something strange, because something has changed drastically and has turned bitcoin into a target because the value it carries is quite fantastic.
but at that time would they believe it would happen like this? obviously many don't know, because many keep their bitcoin gifts in their wallets but many forget their wallet keys so they can't retrieve them.

Quote from: SFR10 on January 15, 2022, 04:13:35 PM

Judging by the content of "this thread (https://tl.net/forum/bw-tournaments/190866-aov-iccup-starleague)", I believe "BTCsportsbet.com ^{[archived (http://web.archive.org/web/20131203192809/http://btcsportsbet.com/)]}" was responsible for those BTCitcoins.

I just wonder how he would have felt during the ATH of 2017 or even before when those 25 coins would have been worth around $450k+ :o This just shows how insignificant people saw Bitcoin then and dint believe in it but it is a whole different story now.

Quote from: yazher on January 25, 2022, 12:52:10 AM

Quote from: glendall on January 24, 2022, 09:43:22 PM

But there is no need to investigate back then , we have just need to trust using a small amount , because 10 years ago the price of bitcoin is just like our daily allowance for school so if we really wanted to profit we will just need to keep a day per week and hold for 10 years.
I remember the teenager that did a path with His parents when he invested in Bitcoin, after several years he becomes a Millionaire lol.

Quote from: btc78 on January 26, 2022, 11:14:36 AM

Quote from: yazher on January 25, 2022, 12:52:10 AM

Quote from: glendall on January 24, 2022, 09:43:22 PM

Yeah, your point is definitely right. Some years ago, we didn't think that Bitcoin would be such valuable. Price of Bitcoin is a big amount but what if we think about future? May be some years later it can be gain 10x from current value.

Quote from: Welsh on January 16, 2022, 07:07:46 PM

I expect the other three if they wasn't involved in Bitcoin prior to entering the competition, they probably didn't take up the reward either.

It looks like you were right ^{[for the most part]}... Out of the remaining three players, two of them ^{[Jumper and Hejek ^[*]]} also didn't take it...
^{* I had no luck in finding Hejek's interview with Netwars, so I'm taking M3t4PhYzX's word for it.}

Quote from: Jumperer https://tl.net/blogs/526449-how-i-become-king-dt-and-win-25-bitcoins-in-scbw#12
I NEVER CLAIM THE BITCOINS SO ALL OF IT ARE GONE FOREVER.
Quote from: M3t4PhYzX https://tl.net/forum/brood-war/570580-sziky-is-a-millionaire#13
Another 5-8th player, Hejek, was already asked about this on Netwars :) he also said that he never saw the BTC, so it's gone..

Who could have predicted this. what a crazy story, hah..

Quote from: Henrobakkara on January 26, 2022, 10:56:02 AM

I just wonder how he would have felt during the ATH of 2017 or even before when those 25 coins would have been worth around $450k+ :o

Probably really bad... I couldn't find any BTCitcoin related post that was within that period, but he said the following thing back in March of 2021:

Quote from: sas.Sziky https://tl.net/forum/brood-war/570580-sziky-is-a-millionaire#10
luck? no me. Happy end ? no me. Millioner? no me. Beer? once maybe :D

GG

If I were in that position at that time, I would probably also expect the same, being in the first place. It means high enough at that time.
But, if I am a lover of innovation, I would always honor and thank Bitcoin although only in that 8th place. No one in those positions may know the future, the future of the dollars, the future of Bitcoin. If anybody knows exactly the future, they will probably prefer to be in the 5-8 positions. But, it is such a normal thing that what is worthy right now doesn't mean worthy at the past time. What is worthy at the past time doesn't mean as worthy as now.

Quote from: Ratimov on January 14, 2022, 12:37:20 PM

.................................

I wish I knew about this at that time. I will also laugh today because it will be the laughter of a millionaire. Why didn't I know about Bitcoin? Why didn't I know about Twitter 10 years ago? Why didn't I know about these things 10 years ago? Who wants these things like me? We missed being a millionaire through laughter. Every dialogue is now like a joke. Because we made those dialogues into jokes. I think what other people will say after 10-15 + years is So be with crypto before it's too late. This is a live example of what we still have.

Quote from: Imran232 on January 28, 2022, 01:33:17 PM

Quote from: Ratimov on January 14, 2022, 12:37:20 PM

.................................

+1
Every single innovation invented in frontal way and those people who feel too comfortable to accept new things are the one who laugh & underestimated these inventions + regret it ar once few years later.
That's indeed the fact.

We live in a really small circle of smart people who can spot opportunities early.

Quote from: peterpanda on January 26, 2022, 12:34:41 PM

Quote from: btc78 on January 26, 2022, 11:14:36 AM

Quote from: yazher on January 25, 2022, 12:52:10 AM

Quote from: glendall on January 24, 2022, 09:43:22 PM

In the future I think that only having 1mBTC and the person could live their whole normal life and with luxuries, because I think that the price of BTC will be very high, in fact I like to watch a lot of videos that have to do with time travel already ´ Despite the fact that everything can have some fiction, some say that the currency of the future and the only one that is handled is the BTC, obviously this is at the discretion of each one to believe or not, but I think that how the behavior of BTC goes every time it will be higher.

Quote from: LUCKMCFLY on January 28, 2022, 05:17:51 PM

When bitcoin has reached the level of adoption as a currency widely, it will reduce its price volatility and may not be as high as expected. So far the investment and trading interest has caused the price to continue growing until it hit ATH $69K a few months ago.

I don't think bitcoin will go any higher if in the future its adoption has taken place in different countries. When volatility is reduced then prices will probably be much more stable and this is also the case with speculation. If you find that my assumptions are wrong, then feel free to correct me. We know bitcoin is used more as a trading and investment asset than as a currency in real life, this has affected the demand and supply needed by traders to make a profit. Different things will be felt if bitcoin is dominated as a means of payment or currency.

Indeed he is a super winner.

To me I still cry 😭 for not following my mentor who then told me to buy little quantity of it, though then I have little knowledge about the forum. Most times I came to read some articles about it but friends around kept telling me not to focus my efforts on online stuff etc.
After a while I never pay much attention to do as my mentor said but look at today the price have changed and there is a massive increase and he said I told you then.

This article here made me to flash back then before I joined the forum.

The people from 5-8th position are the true winners here to be honest 😂😂
A few years back, I think in around 2012 I also made about 10 BTC from online gaming and doing some micro tasks but wasn't having that much courage to hold those Bitcoins and sold them right when I got those coins thinking the market is good and I have got a decent return ony time doing those tasks, but now when I see those transactions I go in regret as to why I sold those coins such early, if I would have hold on to those coins I would have made millions of dollars.

Quote from: bitterguy28 on January 29, 2022, 08:04:29 AM

Back in the days , people are just laughing about that price offering from this event and surely those who won that Bitcoins are not that happy those days.
they even hated the winning and regret to join that competition.

If those people still has this Bitcoin today and find out about the price of the coin? for sure they will treasure this all their lives.

Congrats to the former Loser that now a Biggest winner.

That's only if those people who do able to held up their coins for too long or in decades time which you would totally regret if you had missed out and that's why its better not to look back

or you would really be ending up on frustration when you do see that you had failed on becoming a millionaire.Most likely those players had able to sell those coins earlier

since they would really be looking after for an assured price into that moment.

Yeah, many people whose lives changed with Bitcoin as a result of their patience. if it could be repeated of course I also want to repeat where I would buy Bitcoin when the price was low and hold it, but everything has happened and there is still time to try to invest in Bitcoin. bitcoin has indeed changed everything, the crypto market that goes up and down makes many people have to learn to be more patient and thorough in the sense of understanding and analyzing the market well in order to follow the market well too. whatever has happened has happened, the most important thing now is to focus on the goals to be achieved and manage assets properly.

"A picture speaks a thousand words" indeed, how the winners of years back became the losers of today, it was laughable 10 years back but not anymore, the future is uncertain, many people never thought btc will be this popular and valuable, if not the reaction would have been totally different,
Am sure even those who came 5th- 8th won't be so happy with their price since what they got was just 25 worthless btc coins :D (if only they knew they were practically given a fortune), my take from this is, 10 years from now btc can still surprise us and everything that is happening now will be like the picture.

Quote from: lumeire on January 29, 2022, 05:40:33 AM

Truth is, almost everyone that has access to Bitcoin then, and we are not talking satoshis, we are talking numbers of Bitcoins didn't understand what the future of this Digital currency will be like and didn't have the thoughts of HODLing as we continue to hear many stories like this from the past but this is not the case now. Investors are buying up satoshis to store for the future hoping the price will continue on its normal trajectory cos Bitcoin Investment is a win-win now.

Quote from: Anonylz on January 30, 2022, 07:11:08 AM

Bitcoin is bought by countries like digital gold, and this says a lot. In a few years, we may see bitcoin for the price hundreds of thousands, because the number of wallets that hold bitcoin is growing more and more. Even in the fall, we see that almost no one is selling bitcoin, everyone is waiting for even more growth in the future.

Quote from: Lordhermes on February 18, 2022, 11:24:46 PM

Bitcoin has made so many people rich,it has turn people from frustration to being very rich.The way Bitcoin has helped people can't be over emphasized.
The best thing about Bitcoin is that it doesn't even take much period to turn people's situations around.
The way to success in Bitcoin is by holding,and wait for it outcome.

Success isn’t something that comes overnight, so Bitcoin only favored those who were able to have patience. Not everyone was able to invest in Bitcoin and have patience for as long as it takes for the value to go up. I have so many friends who I started this Bitcoin with, and majority of them gave up because they thought that it wasn’t going to be worth anything at all.

Most of them couldn’t wait for it, because it was taking long. And that was how they ended up missing the opportunity that would have fetched them a lot of profit more than they could ever be able to make from any other type of asset that they would be investing in. People who usually want to make money quickly, are the ones that end up getting disappointed. Although I do know there are some of them who might be lucky, but Bitcoin requires patience.

I think there is a reason why we are seeing those bitcoins at the price chart of that Starcraft prize pool. I mean, I don't think they would put that there as a joke.

I mean it is for the runner ups but still, the fact that we are seeing bitcoin in the prize pool means that they are also recognizing the value that it has at that time. It might be a reason why some of these players or spectators knew Bitcoin and the entirety of the cryptocurrency.

But for sure, some of these players would disregard the value of it and also most of these runner ups might've sold them immediately.

Quote from: LFC_Bitcoin on January 14, 2022, 01:30:08 PM

Saw this a while ago but as an isolated statement, I sure as hell agree with it. Bitcoin has made so many people financially secure who possibly wouldn't have been without bitcoin. I include myself in that, without bitcoin I wouldn’t have the life & opportunities that I’m lucky enough to have now. I think I speak on behalf of many of us when I say, thank you, bitcoin.

Bitcoin made me a winner,because of my mining activities since 2016 in February 2021 for the first time in my life I was the owner of 40.000 USD directly accessible to me,I never had the chance before to have that amount of money in a single place and completely accessible to me like in a bank for example.I invested like 15.000 USD in a more advanced mining rig which produces like 0.001 Bitcoin every two days now and the other money I kept for myself.

Thank you Bitcoin for continuing to turn losers into winners,I was a loser before in terms of financial speaking.

Bitcoin Forum

Other => Archival => Topic started by: Symmetrick on January 14, 2022, 12:37:20 PM