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Author Topic: Selling 15,000 BTC at $0.20/BTC  (Read 18216 times)
foggyb
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June 12, 2013, 04:42:20 AM
 #121


Did you buy that coins and still hold them?  Roll Eyes

Not my deal, I'm just imagining what it would be like.  Cheesy

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BitAddict
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June 12, 2013, 01:25:27 PM
 #122

I'll do the math. In 2010 when this post was created, it would cost you $3,000 to buy 15,000/BTC for only $0.20

Now, imagine if you Bought all those bitcoins, and forgot about them until now today.. "oh shit, I've got bitcoins!"..

Lets get to selling for the market exchange prices today!

Sell: 15,000/BTC X $109/USD* Estimated = You made: $1,635,000 USD

In 3 years time, you'd be a millionaire because of bitcoins..

That's $545,000/year just because you had $3,000 to throw
on an *IDEA* that Bitcoins would be worth something later.

Crazy how opportunity hits us in the head, and we couldn't see it at the time.

Someone told me about bitcoin in 2011, but at that time it was just the idea of begin an egg... At that time it was impossible to understand/use unless you were a computer nerd.

And of course if you bought at $0,20 you will probably sell a good part of them when reaching $5, $10 and so on.

So, unless you really forgot them is a miracle if you still keep all your bitcoins.
I can't imagine if now you come back to take your 15,000 btc, and you forgot your password... LOL suicide?
newguy05
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June 12, 2013, 02:50:41 PM
 #123

I'll do the math. In 2010 when this post was created, it would cost you $3,000 to buy 15,000/BTC for only $0.20

Now, imagine if you Bought all those bitcoins, and forgot about them until now today.. "oh shit, I've got bitcoins!"..

Lets get to selling for the market exchange prices today!

Sell: 15,000/BTC X $109/USD* Estimated = You made: $1,635,000 USD

In 3 years time, you'd be a millionaire because of bitcoins..

That's $545,000/year just because you had $3,000 to throw
on an *IDEA* that Bitcoins would be worth something later.

Crazy how opportunity hits us in the head, and we couldn't see it at the time.

hindsight 20/20, it's the oldest phenomenal in the market.

In 2010 when btc was at $0.2

1) Noone knew its future, at best it was believed it will stay flat. Would you invest $3000 at that time in something throwaway? no sane person would

2) Even if you did, when btc went up to $20, 30, 40, it is almost a certainty you would dig up your dusty wallet and sold all of it, it's human nature.

To be able to dump $3000 in something throwaway, then continue hold it when it gained 10000% is very difficult thing to do, even though looking back it may seem like the easiest thing to do...

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i3lome
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June 12, 2013, 10:50:33 PM
 #124

So let me try to understand this

Selling 15,000 BTC at $0.20/BTC

Does this mean I send you $0.20 and you send me 1  whole BTC.

So for $2.00 I received 10 BTC.

If this is the case give me the mailing address and what I need to do, Im down.
ccplz
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June 12, 2013, 10:57:57 PM
 #125

So let me try to understand this

Selling 15,000 BTC at $0.20/BTC

Does this mean I send you $0.20 and you send me 1  whole BTC.

So for $2.00 I received 10 BTC.

If this is the case give me the mailing address and what I need to do, Im down.
Sorry to disappoint you,but look at the thread date :p
xboxgames
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June 12, 2013, 10:59:20 PM
 #126



He's offering a good deal in order to establish a good reputation at which point he can charge a premium. Also he can keep stocked on the cheap if anyone wants/needs to get cash in the mail for their bitcoins. 200BTC/1$ does seem extreme though. I'd be interested to know if you get any takers on that.

Can I haz a time machine?
i3lome
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June 12, 2013, 10:59:47 PM
 #127

Darn, it. Im always to slow for this stuff. Would have been awesome though
Rampion
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June 12, 2013, 11:03:53 PM
 #128

Darn, it. Im always to slow for this stuff. Would have been awesome though


Don't be a fool. You are still on time. This is just the beginning.

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June 12, 2013, 11:23:46 PM
 #129

So let me try to understand this

Selling 15,000 BTC at $0.20/BTC

Does this mean I send you $0.20 and you send me 1  whole BTC.

So for $2.00 I received 10 BTC.

If this is the case give me the mailing address and what I need to do, Im down.
Really?  So if I give you an address and offer you some btc slightly under market you'd send me 3 grand cash right now?  Keep in mind OP signed up

Name:    NghtRppr
Posts:    1922
Position:    Hero Member
Date Registered:    July 13, 2010, 01:27:27 AM
Last Active:    July 10, 2012, 09:19:24 PM

And post is on September 28, 2010, 10:00:37 PM.  And he would've had all of 10 total posts at the time.  I mean really you'd send 3 grand cash in the mail?!?!?!?!?!?! 
Shocked Shocked Shocked

i3lome
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June 13, 2013, 01:54:25 AM
 #130

So let me try to understand this

Selling 15,000 BTC at $0.20/BTC

Does this mean I send you $0.20 and you send me 1  whole BTC.

So for $2.00 I received 10 BTC.

If this is the case give me the mailing address and what I need to do, Im down.
Really?  So if I give you an address and offer you some btc slightly under market you'd send me 3 grand cash right now?  Keep in mind OP signed up

Name:    NghtRppr
Posts:    1922
Position:    Hero Member
Date Registered:    July 13, 2010, 01:27:27 AM
Last Active:    July 10, 2012, 09:19:24 PM

And post is on September 28, 2010, 10:00:37 PM.  And he would've had all of 10 total posts at the time.  I mean really you'd send 3 grand cash in the mail?!?!?!?!?!?! 
Shocked Shocked Shocked


Lol, where did 3 Grand come in, and no slightly below. But $0.20 for 1 BTC, you bet your ass I would send you money.  I'd mail you a bright shiny crisp $5 for 25 BTC.  I wouldn't risk anything more that 5 or 10 to test it out. If it didn't pan out, it would feel like buying a Scratch of Lottery ticket and loosing.  For a $3 Grand Transaction Im meeting you at the bank. Transfer me my BTC and the window lady will hand you the money. Nice 3rd party arbitration.
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June 13, 2013, 02:41:17 AM
 #131

Wow, that topic title is completely misleading.

I read it, .20 cents / BTC. Wow thats a deal. Then the OP says .20 cents /BTC BELOW MARKET PRICE.
ashaw596
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June 13, 2013, 02:42:27 AM
 #132

We have 15,000 BTC for sale at $0.20 per BTC (below market price). We only accept cash by mail.

http://www.bitcoin2cash.com/

Wow, just read it again. Great use of the Parens there.
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June 13, 2013, 03:38:56 AM
 #133

We have 15,000 BTC for sale at $0.20 per BTC (below market price). We only accept cash by mail.

http://www.bitcoin2cash.com/

Wow, just read it again. Great use of the Parens there.
That's all you noticed after reading it again.
 Shocked

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June 13, 2013, 04:01:30 AM
 #134

We have 15,000 BTC for sale at $0.20 per BTC (below market price). We only accept cash by mail.

http://www.bitcoin2cash.com/

Wow, just read it again. Great use of the Parens there.
That's all you noticed after reading it again.
 Shocked


Well the mail by cash is standard operating procedure in scams. The misleading title is whats interesting.

BTW: I didn't read any of the other 6 pages on this topic so I actually have no idea if its a scam. It could be legit maybe. idk.
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June 13, 2013, 06:46:49 AM
 #135

really epic , cant believe it , i wish i had heard about bitcoin 3 years earlier
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June 13, 2013, 07:26:42 AM
 #136

really epic , cant believe it , i wish i had heard about bitcoin 3 years earlier
Most probably you'd have sold it cheap and now kicking your self for doing so. I'm not trying to mock you, but there's a reason there aren't that many Bitcoin millionaires on this forum, and many of those that kept lots of Bitcoin for so long (through the multiple crashes) simply didn't have rational expectations to earn that much. Satoshi, the person who had absolute faith in Bitcoin, almost never cashed out.
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June 13, 2013, 07:37:07 AM
 #137

LOL so much BTC.. This is like that pizza.  Grin

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June 13, 2013, 11:15:06 AM
 #138

whenever the price falls and read around "bitcoin is dead, bitcoin has failed" I come to read this thread and LOL
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June 13, 2013, 11:34:44 AM
 #139

really epic , cant believe it , i wish i had heard about bitcoin 3 years earlier

#2 Cheesy
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June 13, 2013, 11:36:44 AM
 #140

I got a shock initially, then I look at the date 2010!!!!!!
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