I am pretty confident we are the new wealthy elite, gentlemen.

[Mt. Gox]

That is actually interesting. 4 years on, the price is $200 with a high of around $1k

yup. great gains compared to the start of the thread. even still, not everyone who was around in the early days got rich. some of us didn't have anything to invest back then. the most i had at one time was about 20 coins, and that was before we broke 100. spent most of it back then too.

still looks a bit depressing, when you compare it to 2013, not only there was the ath in that year but there were also numerous other high prices, like 230 and 300 peak around april

The April peak only went as high as $265.

That is actually interesting. 4 years on, the price is $200 with a high of around $1k

yup. great gains compared to the start of the thread. even still, not everyone who was around in the early days got rich. some of us didn't have anything to invest back then. the most i had at one time was about 20 coins, and that was before we broke 100. spent most of it back then too.

still looks a bit depressing, when you compare it to 2013, not only there was the ath in that year but there were also numerous other high prices, like 230 and 300 peak around april

2013 was very exciting. Seems a bit boring nowadays.

Unfortunately I didn't hold many bitcoins back then.

I am sure we'll see it again but there needs to be something quite significant happen for this u turn.

Unfortunately, there is speculation that most of this exciting stuff (price-wise) was the result of bots operated by Mt. Gox playing with fake money.

The price is pretty boring these days and has been since the start of 2014 but when it comes to other types of news (mainstream adoption, governments, and Wall Street) I'd say it's actually more exciting than 2013.

For a long time, people have been saying that Bitcoin will spike once again when the new ETF is launched. Not sure what happened to that prediction...

That is actually interesting. 4 years on, the price is $200 with a high of around $1k

yup. great gains compared to the start of the thread. even still, not everyone who was around in the early days got rich. some of us didn't have anything to invest back then. the most i had at one time was about 20 coins, and that was before we broke 100. spent most of it back then too.

Yeah, definitely. If you look at some of the addresses of the people who were first posting in this thread, most spend their coins back in 2012. It isn't easy to hold on to your principle and keep holding on to your coins, as it may sound. Scams and Ponzi schemes are pretty tempting at times!

Not necessarily. They could have simply moved their coins. Either to an exchange or a gambling site or cold storage, etc. Or they could have had multiple addresses and bought something with all of the coins in one address and refilled their balance later into another address. Not everyone keeps their coins in the same address forever. I've probably gone through over 10 addresses since I first became interested in Bitcoin last year.

I am pretty confident that most people in this thread, including OP, have panic sold already and have given their wealth to other people for the future. It's the beauty of wealth redistribution.

Yeah, I'd be surprised if he/she was still holding all of their coins they had back at that time. Unfortunately OP's account isn't active anymore, so there's no way of seeing whether he/she is still active and what their decisions actually were, whether to hold on to their coins, cash them out, or lose them in Gox.

For an extreme example, check out laszlo. He bought a pizza for 10,000 BTC, probably sold most of his coins, and now has 0 BTC:

I spent it all on pizza long ago:  https://blockchain.info/address/1XPTgDRhN8RFnzniWCddobD9iKZatrvH4

3-4 years ago there were less than 100 people frequenting this forum, and I was pretty happy to trade 10,000 coins for pizza.  I mean people can say I'm stupid, but it was a great deal at the time.  I don't think anyone could have known it would take off like this.

Laszlo

Link: http://bitcointalk.org/index.php?action=profile;u=143;sa=showPosts

[1714183249]

1714183249

[1714183249]

1714183249

[majorX]

It's a great Feeling to hold an bitcoins it was a wise decision to invest in a bitcoin and this is just an beginning
Still the best days to come at present i am investing everything in bitcoins because the scenario would be different in next 5 years and i ll be a rich guy for sure.

For sure you should hold the bitcoin you have or trade as it would not be profitable to sell now unless you are an early adopter, miner, or profit from something. Most don't fall under these category's though they are guys that have brought in over $400.

You should be careful investing everything in bitcoins as you won't be the first who have done that and their everything at $500-1000 is not looking great is it!? Same as yours might not when it halfs in value again. Invest what you can afford to lose and you won't go wrong.

[Mt. Gox]

It's a great Feeling to hold an bitcoins it was a wise decision to invest in a bitcoin and this is just an beginning
Still the best days to come at present i am investing everything in bitcoins because the scenario would be different in next 5 years and i ll be a rich guy for sure.

For sure you should hold the bitcoin you have or trade as it would not be profitable to sell now unless you are an early adopter, miner, or profit from something. Most don't fall under these category's though they are guys that have brought in over $400.

You should be careful investing everything in bitcoins as you won't be the first who have done that and their everything at $500-1000 is not looking great is it!? Same as yours might not when it halfs in value again. Invest what you can afford to lose and you won't go wrong.

It's not profitable for most miners either.

If you want to read a horror story on the dangers of attempting to trade significant amounts of BTC with zero experience, I would recommend reading this:

http://www.reddit.com/r/Bitcoin/comments/1r88vl/need_advice_on_inheritance_arbitrage_family_etc

[dhimasnk]

I have not become rich after using bitcoin, but I will continue to try to obtain money from bitcoin

[LFC_Bitcoin]

I have not become rich after using bitcoin, but I will continue to try to obtain money from bitcoin

This was a thread started by an early adopter in 2011.
Many who were posting then will have made significant money from BTC.

[majorX]

It's a great Feeling to hold an bitcoins it was a wise decision to invest in a bitcoin and this is just an beginning
Still the best days to come at present i am investing everything in bitcoins because the scenario would be different in next 5 years and i ll be a rich guy for sure.

For sure you should hold the bitcoin you have or trade as it would not be profitable to sell now unless you are an early adopter, miner, or profit from something. Most don't fall under these category's though they are guys that have brought in over $400.

You should be careful investing everything in bitcoins as you won't be the first who have done that and their everything at $500-1000 is not looking great is it!? Same as yours might not when it halfs in value again. Invest what you can afford to lose and you won't go wrong.

It's not profitable for most miners either.

If you want to read a horror story on the dangers of attempting to trade significant amounts of BTC with zero experience, I would recommend reading this:

http://www.reddit.com/r/Bitcoin/comments/1r88vl/need_advice_on_inheritance_arbitrage_family_etc

Oh! WOW!

That was a horrible read I feel very sorry for the sister having a brother like that That is not so much the danger of having no experience trading but a long the lines of being a newbie to life and a very unthoughtful brother, greedy and a total waste of space.

Chances are all that money has gone now like a gambler chasing his wins that brother would have lost it all I am sure.

Lets hope it can turn around and make us all the wealthy elite, saying that though I don't really hold enough after buying my first home but that is good enough/

[Elwar]

It's a great Feeling to hold an bitcoins it was a wise decision to invest in a bitcoin and this is just an beginning
Still the best days to come at present i am investing everything in bitcoins because the scenario would be different in next 5 years and i ll be a rich guy for sure.

For sure you should hold the bitcoin you have or trade as it would not be profitable to sell now unless you are an early adopter, miner, or profit from something. Most don't fall under these category's though they are guys that have brought in over $400.

You should be careful investing everything in bitcoins as you won't be the first who have done that and their everything at $500-1000 is not looking great is it!? Same as yours might not when it halfs in value again. Invest what you can afford to lose and you won't go wrong.

It's not profitable for most miners either.

If you want to read a horror story on the dangers of attempting to trade significant amounts of BTC with zero experience, I would recommend reading this:

http://www.reddit.com/r/Bitcoin/comments/1r88vl/need_advice_on_inheritance_arbitrage_family_etc

Oh! WOW!

That was a horrible read I feel very sorry for the sister having a brother like that That is not so much the danger of having no experience trading but a long the lines of being a newbie to life and a very unthoughtful brother, greedy and a total waste of space.

Chances are all that money has gone now like a gambler chasing his wins that brother would have lost it all I am sure.

Lets hope it can turn around and make us all the wealthy elite, saying that though I don't really hold enough after buying my first home but that is good enough/

Ya, I learned early on that I am not good with day trading. Lost about 400 bitcoins doing so.

Fortunately it was when the price was under $10.

If you are not a day trading expert, just buy and hold (better yet, convert and spend).

[majorX]

It's a great Feeling to hold an bitcoins it was a wise decision to invest in a bitcoin and this is just an beginning
Still the best days to come at present i am investing everything in bitcoins because the scenario would be different in next 5 years and i ll be a rich guy for sure.

For sure you should hold the bitcoin you have or trade as it would not be profitable to sell now unless you are an early adopter, miner, or profit from something. Most don't fall under these category's though they are guys that have brought in over $400.

You should be careful investing everything in bitcoins as you won't be the first who have done that and their everything at $500-1000 is not looking great is it!? Same as yours might not when it halfs in value again. Invest what you can afford to lose and you won't go wrong.

It's not profitable for most miners either.

If you want to read a horror story on the dangers of attempting to trade significant amounts of BTC with zero experience, I would recommend reading this:

http://www.reddit.com/r/Bitcoin/comments/1r88vl/need_advice_on_inheritance_arbitrage_family_etc

Oh! WOW!

That was a horrible read I feel very sorry for the sister having a brother like that That is not so much the danger of having no experience trading but a long the lines of being a newbie to life and a very unthoughtful brother, greedy and a total waste of space.

Chances are all that money has gone now like a gambler chasing his wins that brother would have lost it all I am sure.

Lets hope it can turn around and make us all the wealthy elite, saying that though I don't really hold enough after buying my first home but that is good enough/

Ya, I learned early on that I am not good with day trading. Lost about 400 bitcoins doing so.

Fortunately it was when the price was under $10.

If you are not a day trading expert, just buy and hold (better yet, convert and spend).

That was a lesson learned by you though and you never spent your familys money chasing it did you. The thing is it is not nearly as difficult as people think, I am not great by any means but I am in profit trading and if anyone is interested here is a great site to learn trading basics 'ignore the name' lol http://www.babypips.com this will put most people on the right track then maybe in time they can become the wealthy from bitcoin

[snowdropfore]

still holding since may 2013

[gentlemand]

That was a lesson learned by you though and you never spent your familys money chasing it did you. The thing is it is not nearly as difficult as people think, I am not great by any means but I am in profit trading.

Good for you. I'm pretty confident I would've made a gargantuan balls up out of it all if I'd attempted trading. I'll put my faith in the skills of others rather than my own, or lack thereof.

[botany]

For sure you should hold the bitcoin you have or trade as it would not be profitable to sell now unless you are an early adopter, miner, or profit from something. Most don't fall under these category's though they are guys that have brought in over $400.

You should be careful investing everything in bitcoins as you won't be the first who have done that and their everything at $500-1000 is not looking great is it!? Same as yours might not when it halfs in value again. Invest what you can afford to lose and you won't go wrong.

Bitcoin was at $600 when I first discovered it. I have watched it go down and down.
I won't be putting too much money into Bitcoin, but I won't be spending the bitcoins that I have in the near future. I am sure that there are a lot of people who think the same.

[boumalo]

For sure you should hold the bitcoin you have or trade as it would not be profitable to sell now unless you are an early adopter, miner, or profit from something. Most don't fall under these category's though they are guys that have brought in over $400.

You should be careful investing everything in bitcoins as you won't be the first who have done that and their everything at $500-1000 is not looking great is it!? Same as yours might not when it halfs in value again. Invest what you can afford to lose and you won't go wrong.

Bitcoin was at $600 when I first discovered it. I have watched it go down and down.
I won't be putting too much money into Bitcoin, but I won't be spending the bitcoins that I have in the near future. I am sure that there are a lot of people who think the same.

It takes much longer than most of us were thinking but the big turn in terms of price is around the corner

[umaOuma]

For sure you should hold the bitcoin you have or trade as it would not be profitable to sell now unless you are an early adopter, miner, or profit from something. Most don't fall under these category's though they are guys that have brought in over $400.

You should be careful investing everything in bitcoins as you won't be the first who have done that and their everything at $500-1000 is not looking great is it!? Same as yours might not when it halfs in value again. Invest what you can afford to lose and you won't go wrong.

Bitcoin was at $600 when I first discovered it. I have watched it go down and down.
I won't be putting too much money into Bitcoin, but I won't be spending the bitcoins that I have in the near future. I am sure that there are a lot of people who think the same.

It takes much longer than most of us were thinking but the big turn in terms of price is around the corner

Yeah you are right. At present I am also going through losses and now I am not putting my money into bitcoins but the amount of bitcoins i hold i have kept it safe for future. I believe that prices will go high and so i am not spending it let's hope for the best.

[bitcool]

Can you feel it? can you smell it? something big is getting closer ...

[ChuckBuck]

Can you feel it? can you smell it? something big is getting closer ...

Yes, there's a sense that things are about to turn on their head.  Sooner much rather than later.

I think momentum plays a big part, and all the build up from VC's, development, more positive news than negative is starting to show.

Coinbase funding, Circle funding, 21 inc, MIT new home for Core devs, COIN ETF, ItBit, Gemini, GBTC trading now...stack up enough pebbles, and your bound to build a mountain.

[QuestionAuthority]

Can you feel it? can you smell it? something big is getting closer ...

Sorry, I had black beans for dinner last night. The wind off those beans can move an oak tree. lol

What I see is the market cap dropping steadily for a year. I want to believe but I don't see it.

https://blockchain.info/charts/market-cap?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

[americanpegasus]

You know what's crazy...   
 
This is viewed as some legacy topic of a different time, when bitcoins were worth peanuts and these brilliant luck-tards had stumbled into a massive financial windfall...  If only they had just bought and HODL'ded. 
 
We see them casually mentioning the loss of 50,100, and a thousand bitcoins and think "Sheeeeeyat". 
 
But back then, there was only a vague hope of going to the stratosphere ($1,000/coin) but people weren't even sure if they believed their own hyperbole. 
 
Well, we are sitting on that same horizon. 
 
Years from now, when this topic is drug up from the abyss, people will look at THIS post, when we could have bought bitcoins for $240 each and think "That's absurd...  They could have easily bought bitcoin for ridiculously cheap...  And yet so many didn't...  Even I didn't...  fack!" 
 
When bitcoin hits $10 each and you could have had them for pennies, it seems like you've missed the boat.  But you haven't. 
 
And I'm promising you, right now.  Everyone who buys bitcoin at today's prices and just HODLs for a decade will be absurdly wealthy.  No one has "missed the boat" if they are willing to just take a small leap of faith off the dock. 
 
See you in 2020.

[oser41eric]

Can you feel it? can you smell it? something big is getting closer ...

Sorry, I had black beans for dinner last night. The wind off those beans can move an oak tree. lol

What I see is the market cap dropping steadily for a year. I want to believe but I don't see it.

https://blockchain.info/charts/market-cap?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

Me and you the same, the long term charts paint a pretty obvious picture and however much I don't like it, it is true. We have been dropping dropping and soon dropped. Will it bounce back in time!? Not sure if it drops to far and for to long a lot of people will just keep bailing with their losses and not look back and I don't blame them. So no OP I don't think we are wealthy elite more like broke wishful thinkers, the elite have go out of dodge.

[BTC_Superman]

traveling the whole world what is my one and only dream.

[Amph]

Can you feel it? can you smell it? something big is getting closer ...

I'm starting to feel it from not so long ago, something big is coming, It will be here when you least expect it, i need to get back my loaned bitcoin asap, before the price skyrocket again