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Author Topic: If you would be able to get back in early 2009, what would you do?  (Read 3452 times)
crazyivan (OP)
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April 16, 2015, 05:26:53 AM
 #61

Buy 100k BTC.

Tell everybody that annoy me in my life to fuck off.

Sell half at peak 1200$.

Rub it in their faces in 2012-2013.

Sell the other half at the 2019 peak at 54 876$

...

You got im from the future.

Nah, nah. This is against the rules. Only 1 time travel, back to 2009.  Grin

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Amph
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April 16, 2015, 07:12:52 AM
 #62

I would mine and hodl.

that's because you know the future if you was in 2009, but without knowing it, would you really hold all your btc until now? very few people have done that
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April 16, 2015, 07:23:36 AM
 #63

I would wake up in the morning and mail satoshi asking when the BTC project would complete! I would tell him to notify me as soon as its complete!
After it's complete, I would start mining Grin I would sell my house and buy computers to mine!(Miners weren't Famous I guess)
After that I would buy all good domains like bitcoinwallet.com and ...

There are a lot of things! I can't explain all Tongue If I explain this all, you will go back to 2009 and do what I would do if I was there! I know the kind of person you are Tongue

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April 16, 2015, 07:33:57 AM
 #64

stop playing knight online and buy some more gpus for earn btc Smiley

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April 16, 2015, 09:02:58 PM
 #65

Exactly what i did in 2009.
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April 16, 2015, 09:09:36 PM
 #66

I'd probably wait until it hit the first exchanges and buy as much as I could. Definitely not spend 25k BTC on a couple pizzas.
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April 17, 2015, 06:09:20 AM
 #67

I'd probably wait until it hit the first exchanges and buy as much as I could. Definitely not spend 25k BTC on a couple pizzas.

It wasn't 25k, it was 10k Smiley

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April 17, 2015, 06:22:34 AM
 #68

I'd probably wait until it hit the first exchanges and buy as much as I could. Definitely not spend 25k BTC on a couple pizzas.

It wasn't 25k, it was 10k Smiley

What about opening pizza place and selling pizzas for BTC. At the price that guy paid for a pizza, you would be a gazilionaire by now.

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April 17, 2015, 07:18:13 AM
 #69

I would not have gotten back with my ex for the sake of the kids, that's what. That would have saved me over € 50.000 in debts and a lot of screaming and fights which did none of us good. That is what I would do if I could go back. And then ofcourse invest big on bitcoin Tongue

If I had a time-machine and only 1 chance to use it, I would pass it on to you bro. You would use it better then I would.

That is awfull nice, but I can imagine a lot of situations that are worse and more giveaway worthy than mine, looking back I did very well and have not much to complain, the money is a pain in the ass, but nothing more than that, it is affordable and am happy now Smiley

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April 17, 2015, 11:00:46 AM
 #70

I would not have gotten back with my ex for the sake of the kids, that's what. That would have saved me over € 50.000 in debts and a lot of screaming and fights which did none of us good. That is what I would do if I could go back. And then ofcourse invest big on bitcoin Tongue

If I had a time-machine and only 1 chance to use it, I would pass it on to you bro. You would use it better then I would.

That is awfull nice, but I can imagine a lot of situations that are worse and more giveaway worthy than mine, looking back I did very well and have not much to complain, the money is a pain in the ass, but nothing more than that, it is affordable and am happy now Smiley

Good for you. I guess now you have more time to focus on making money in crypto world.
Stil, I think your answer s one of the best so far.

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April 17, 2015, 11:43:17 AM
 #71

Well I didn't know about Bitcoin in 2009...and I was still a teenager..so I highly doubt if I was able to go back in time I might do anything properly..no matter what I say now...as a teenager there are a lot of things that will still kind of distract me away from my goals.
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April 17, 2015, 05:20:55 PM
 #72

I would have bought all the BTC I could buy and keep it in my wallet untill the 1k mark came, sold it and buy an apartment in new york. If only  Huh Huh

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April 17, 2015, 05:26:36 PM
 #73

I would still not invest in bitcoins as the currency has seen huge ups like $1200 and even $200. If I would earn small bits of bitcoins in 2009 and would notice it is worth nothing in 2009, I would store it and forget about it. And then if I would know that the price has reached $1000+, I would sell it and buy a new house if the amount is enough.

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April 17, 2015, 07:36:28 PM
 #74

So, if you come back in 2009, how would you structure your BTC related investments. Please post only scenarios which are financially viable. For example, I would take my $7 mil and buy every BTC domain known to man is not going to work. Only stuff you were able to do at that point in time pls.

Let us hear how would you make your millions in case you had a time machine to come back to 2009.  Grin

Obviously I'd do what everyone else has pretty much said; I'd mine/invest in Bitcoin while the price is still pennies or less. Mt. Gox didn't exist until mid-2010 and before then, it was difficult to buy BTC since the only exchanges that existed were small and often manually operated.

The difficulty stayed pretty much constant throughout 2009 so there wouldn't be any point in buying a state of the art mining rig. Instead, I'd probably just buy a mid-range PC with a nice-ish CPU and use that to mine bitcoins along with Satoshi and Hal Finney.

Then I'd wait until the June 2011 peak and sell a small portion of my stash (maybe $100,000 worth of BTC) to keep me alive until the November 2013 peak. Once that happens, I would sell half my stash and keep the other half in BTC. I'd use the money to buy a house and retire.

Also, it might be a better idea to go back to 2012 or 2013 than 2009. It was still possible to make great riches as late as 2013. The BTC price didn't move much in 2009 and the market was still tiny in 2010. You would still have needed to wait until 2011 at the earliest to be able to sell your coins and still call yourself even moderately well-off. And during these two years, you would have still needed to work to support yourself. So instead of going back to 2009, you could go back to January 2013 and buy a single bitcoin for $13, wait ten months, invest it into the NXT IPO in November, wait seven more months, and then you would be worth $5 million. Selling that much NXT in one go would probably crash the price but you would still be able to make a couple million at least.

Either that or litecoins. They were 7 cents at the time I believe. Lots of millions to be had there too and at least you won't be flipping burgers for 2-4 years while waiting for your riches to finally materialize. Grin
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April 17, 2015, 07:54:07 PM
 #75

So, if you come back in 2009, how would you structure your BTC related investments. Please post only scenarios which are financially viable. For example, I would take my $7 mil and buy every BTC domain known to man is not going to work. Only stuff you were able to do at that point in time pls.

Let us hear how would you make your millions in case you had a time machine to come back to 2009.  Grin

Obviously I'd do what everyone else has pretty much said; I'd mine/invest in Bitcoin while the price is still pennies or less. Mt. Gox didn't exist until mid-2010 and before then, it was difficult to buy BTC since the only exchanges that existed were small and often manually operated.

The difficulty stayed pretty much constant throughout 2009 so there wouldn't be any point in buying a state of the art mining rig. Instead, I'd probably just buy a mid-range PC with a nice-ish CPU and use that to mine bitcoins along with Satoshi and Hal Finney.

Then I'd wait until the June 2011 peak and sell a small portion of my stash (maybe $100,000 worth of BTC) to keep me alive until the November 2013 peak. Once that happens, I would sell half my stash and keep the other half in BTC. I'd use the money to buy a house and retire.

Also, it might be a better idea to go back to 2012 or 2013 than 2009. It was still possible to make great riches as late as 2013. The BTC price didn't move much in 2009 and the market was still tiny in 2010. You would still have needed to wait until 2011 at the earliest to be able to sell your coins and still call yourself even moderately well-off. And during these two years, you would have still needed to work to support yourself. So instead of going back to 2009, you could go back to January 2013 and buy a single bitcoin for $13, wait ten months, invest it into the NXT IPO in November, wait seven more months, and then you would be worth $5 million. Selling that much NXT in one go would probably crash the price but you would still be able to make a couple million at least.

Either that or litecoins. They were 7 cents at the time I believe. Lots of millions to be had there too and at least you won't be flipping burgers for 2-4 years while waiting for your riches to finally materialize. Grin

Yes, most of us focused on BTC price jumps and completely disregarded that $50 LTC jump. I had about 500 LTC at that point. Should ve sold, oh yes, I should ve sold. But, I was too greedy and failed to recognize an opportunity.

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May 14, 2015, 05:11:34 PM
 #76

I would buy more Bitcoin as much as possible. In that case, I would sell all of my property.  Tongue
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May 14, 2015, 05:40:48 PM
 #77

I would have invested about 10k, savings i had around that time which would have been 40 000 BTC then i would have sold at the peak for 50 000 000 $
I would have also told my friends and family to do the same.

none  of your friends and family would have believed you... investing huge amount of money into something that wasn't even 100% guaranteed to succeed at that time... unless you brought something from the future to show as a proof... but then you would have broken the laws of physics by transferring matter through time and space... Tongue

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May 14, 2015, 05:50:17 PM
 #78

So, if you come back in 2009, how would you structure your BTC related investments. Please post only scenarios which are financially viable. For example, I would take my $7 mil and buy every BTC domain known to man is not going to work. Only stuff you were able to do at that point in time pls.

Let us hear how would you make your millions in case you had a time machine to come back to 2009.  Grin
well, if i don't want to be so greedy and be reasonable, i think i would have bought a nice miner like what one of my friends did back then, and start mining. then i would sell all my coins at the highest price and then buy back in at the lowest price and enjoy the profit!

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May 15, 2015, 06:43:57 AM
 #79

So, if you come back in 2009, how would you structure your BTC related investments. Please post only scenarios which are financially viable. For example, I would take my $7 mil and buy every BTC domain known to man is not going to work. Only stuff you were able to do at that point in time pls.

Let us hear how would you make your millions in case you had a time machine to come back to 2009.  Grin
well, if i don't want to be so greedy and be reasonable, i think i would have bought a nice miner like what one of my friends did back then, and start mining. then i would sell all my coins at the highest price and then buy back in at the lowest price and enjoy the profit!

Yup. That's True. I would have done the same. Would buy maximum number of bitcoins and just forget about it for the time being and wait for the best time to come. And once the prices are at peak would sell all my bitcoins and enjoy the profit and again wait for the right time to invest.
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May 15, 2015, 07:03:22 AM
 #80

well i would mine bitcoin so that i would be rich  Shocked
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