I was reading some old posts and came across this
thread where a user named
Kevin(toasty). In the thread, he shared the incredible story of how he bought
BTC259684.77 for just $2613, essentially acquiring them for a mere fraction of a cent each. It is a remarkable stroke of luck, and it got me wondering if he still holds onto those bitcoins.
Kevin also provided a detailed explanation of how he managed to obtain such a substantial amount of bitcoin at a lowest cost, including his strategy to buy from MT Gox exchange.
this story is like you won and all your funds robbed.
Early adopters like Kevin could buy bitcoin at very cheap price because in early months, its price very so cheap.
https://bitcoin.zorinaq.com/price/On 2009-10-05 the market price of Bitcoin is first established at $0.000764/BTC by New Liberty Standard, the first Bitcoin exchange ($1.00 buys 1309.03 BTC.) The exchange rate history is available at two archived pages: first, second. Their last known exchange rate is $0.005472/BTC on 2010-03-02.
On 2010-04-25 the market price is established again at $0.003/BTC, using the daily volume-weighted trading price of the second Bitcoin exchange, BitcoinMarket.com (PayPal USD trades). The owner, dwdollar, actually started operating it on 2010-03-17, however trading data for the first few weeks is—to my knowledge—not available.
So I am not surprised to know he bought nearly 260,000
BTC with more than $2600. His account UID is 20207 that means he joined the forum early enough to buy Bitcoin with cheap price.
Kevin, like many Bitcoin early adopters will either sold their bitcoins at cheap prices like $10, $100 or even $1000; or they just lost their wallets, private keys and bitcoins forever. Because after buying, they think it is a funny buying and don't mind too much about backup. Maybe it can be different with Kevin as he invested $2600, that is not a small capital years ago.
