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Author Topic: How many people were into bitcoin in 2009?  (Read 2259 times)
Superways
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July 16, 2017, 09:45:10 PM
 #21

i really don't know how many people were into bitcoin in 2009 but my guess is approximately 100 or more because bitcoin itself is not yet known by many people. in that time, i think people still asking what is bitcoin, what is function of bitcoin for us and else. and after its launched, maybe the question is how much money i can earn from bitcoin, why the price is not increase high and else.
As you mentioned 100 or more. Absolutely no because when bitcoin came to the market it has introduce to the people like their ads and so on. So many people were interesting and buying bitcoins. Investing in bitcoin and the best things was that bitcoin has changed the life style of withdrawal foreign money in a local country.
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July 16, 2017, 11:10:08 PM
 #22

I think less than 500 were the people who used bitcoin in 2009. Because the price of bitcoin was too small. And I do know that bitcoins' price, and i also know that there were only few people who bought bitcoin when the price's was too low. If I knew bitcoin before I probably bought many at that time.

 
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July 16, 2017, 11:44:56 PM
 #23

I think less than 500 were the people who used bitcoin in 2009. Because the price of bitcoin was too small. And I do know that bitcoins' price, and i also know that there were only few people who bought bitcoin when the price's was too low. If I knew bitcoin before I probably bought many at that time.
Yeah probably. Few people only knows how to earn bitcoins that time. They only know the fiat. But bitcoins they arent be aware to that and they are not yet unto it. They doesnt have any investment on it. And they will not even knows the there will many money in bitcoins if only we know how to handle it.
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July 17, 2017, 02:45:01 AM
 #24

There are only very roughly 150 transactions for all of 2009, not counting mined blocks. Things didn't pick up until spring of 2010 when it went over 1000 total transactions.

I haven't investigated what happened to all those coins that were mined for the first year and a half. The block hashes only have 8 leading zeros for about the whole year! It stayed at its lowest difficulty for so long.

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July 28, 2017, 06:28:35 PM
 #25

I think there are only few people who are into bitcoin last 2009 because bitcoin was just started at that time and there are only few people who knew about it. And bitcoin's value that time was very low and usually people is not attracted to something that has less value.
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July 28, 2017, 06:36:23 PM
 #26

i really don't know how many people were into bitcoin in 2009 but my guess is approximately 100 or more because bitcoin itself is not yet known by many people. in that time, i think people still asking what is bitcoin, what is function of bitcoin for us and else. and after its launched, maybe the question is how much money i can earn from bitcoin, why the price is not increase high and else.
As you mentioned 100 or more. Absolutely no because when bitcoin came to the market it has introduce to the people like their ads and so on. So many people were interesting and buying bitcoins. Investing in bitcoin and the best things was that bitcoin has changed the life style of withdrawal foreign money in a local country.

Well, i remember in 2009 then i download the wallet for window, and w8... w8 because i dont have information, i dont know "how to do" lol
In 2009 i think "well, why this wallet is empty? wtf", and since after 1/2 month i delete.

Now i cry. Just a little bit of info more...


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July 28, 2017, 07:18:31 PM
 #27

In 2009 there are still few people who know about bitcoin because the price is very low, and many people are still not interested.
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July 28, 2017, 08:29:18 PM
 #28

In 2009 there are still few people who know about bitcoin because the price is very low, and many people are still not interested.
yes it is clear that in the very beginning the user of bitcoin were very low.  although there is no such mechanism through which we can find out the actual users of bitcoin but i thin as at that time bitcoin was very low therefore the users of bitcoin were also very low. but i think that with the passage of time the users of bitcoin start increasing and now bitcoin users can be find out through out the world.
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July 28, 2017, 09:26:02 PM
 #29

In 2009 there are still few people who know about bitcoin because the price is very low, and many people are still not interested.
yes it is clear that in the very beginning the user of bitcoin were very low.  although there is no such mechanism through which we can find out the actual users of bitcoin but i thin as at that time bitcoin was very low therefore the users of bitcoin were also very low. but i think that with the passage of time the users of bitcoin start increasing and now bitcoin users can be find out through out the world.


that's for sure because at that time they were not so concerned about bitcoin for such a low price Wink
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July 28, 2017, 09:41:05 PM
 #30

In 2009 there are still few people who know about bitcoin because the price is very low, and many people are still not interested.
It is more like a vast majority of people who knew about bitcoin back in 2009 simply didn't grasp how powerful and game changing this idea is.
I heard stories of people who collected dozens/hundreds or even thousands of Bitcoin back then and simply forget about their coins and delete the wallet or change/upgrade their PC.
Seriously, I would probably kill myself knowing that I lost millions of dollar worth asset because I deleted my wallet or something...


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July 28, 2017, 11:00:05 PM
 #31

Was it in the 100s or 1000s? I tried googling without any luck.

Also, a quote I saw a lot after the recent talk by everyone's favourite: “Fuck Raspberry Pis, if you can't afford a $20,000 node to help the network, piss off.”

Watched the whole thing and what was actually said: “Quite frankly, I don't care about Raspberry Pis. If you have been in Bitcoin since 2009 and you can't afford a $20,000 node to help this network, piss off.”

So, what would that mean? How much would that help in terms of decentralization and the network in general if everybody that was into bitcoin in 2009 had a $20,000 node?

Bitcoin was invented in 2009 by Satoshi and founder of this forum back in the days with few software engineers and cryptographers, which means there were few people involved in the bitcoin community because it was under development stage.

During that period not everybody was interest in bitcoin because people think it's the project that has no future, but nevertheless Satoshi and his team keep on updating bitcoin core and the blockchain network.

Back then very few people can afford to pay for bitcoin mining hardware (like Raspberry Pi) and dedicate their time to learn about bitcoin mining and bitcoin in-general. So, there were actually few hundreds people involved in bitcoin 2009.   
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July 28, 2017, 11:12:46 PM
 #32

Was it in the 100s or 1000s? I tried googling without any luck.

Also, a quote I saw a lot after the recent talk by everyone's favourite: “Fuck Raspberry Pis, if you can't afford a $20,000 node to help the network, piss off.”

Watched the whole thing and what was actually said: “Quite frankly, I don't care about Raspberry Pis. If you have been in Bitcoin since 2009 and you can't afford a $20,000 node to help this network, piss off.”

So, what would that mean? How much would that help in terms of decentralization and the network in general if everybody that was into bitcoin in 2009 had a $20,000 node?

Bitcoin was invented in 2009 by Satoshi and founder of this forum back in the days with few software engineers and cryptographers, which means there were few people involved in the bitcoin community because it was under development stage.

During that period not everybody was interest in bitcoin because people think it's the project that has no future, but nevertheless Satoshi and his team keep on updating bitcoin core and the blockchain network.

Back then very few people can afford to pay for bitcoin mining hardware (like Raspberry Pi) and dedicate their time to learn about bitcoin mining and bitcoin in-general. So, there were actually few hundreds people involved in bitcoin 2009.   

People are interested on these digital currency because it is the first one. We all now how people want something when you say it is new and first of its kind. They advertise bitcoin in many ways, they even bought a pizza for a thousand bitcoin. Then the users and investors piqued their interest in these digital currency. The reason why it get so high price in just some years that it almost out run gold. If I am not mistaken that is MtGox 5 years ago that bitcoin dumped the highest.
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July 28, 2017, 11:29:33 PM
 #33

It's just another question that can't be answered definitively.

In 2009 I'd think that you're talking about less than 100 people.  You can view the old mailing list.

In November 2009, satoshi started this forum.  Notice how many posts there were on the new forum thread that were actually from the time?  It's only two.

Even going into the 2010 threads which satoshi posted in, you're talking about less than 100 different users posting in them.  There were very few people until Bitcoin's first bit of mainstream publicity from Wikileaks and PC world.
I've never seen any reliable data on this either, and I'm pretty sure it doesn't exist--hell, we can't even tell how many people are using bitcoin now.  Such is the semi-anonymous nature of the beast here.

But all the ones who were into bitcoin back then were the pioneers, the real winners if they held onto any of it.  I bet not many did.  That guy who bought a 10K btc pizza still blows my mind.  My guess is probably hundreds of people, if that, were involved in bitcoin in 2009.

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July 28, 2017, 11:43:08 PM
 #34

One thing is sure that not many people were around in the bitcoin system during the early stages and especially during 2009 ,you could really count a few person who satoshi had contacted in the earlier stages and those who were there are millionaires now without a doubt.
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August 10, 2017, 05:47:23 PM
 #35

Probably so much that I do not know how many bitcointalk play in 2009 and I do not know much about bitcointalk.
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August 10, 2017, 06:00:33 PM
 #36

There would be very few people who would be aware about bitcoins at that time as bitcoin started to gain popularity after that and even at that time there would be very few members on this forum and I personally came to know about bitcoins in the year 2015.



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August 10, 2017, 06:02:24 PM
 #37

I think less than 500 people are using Bitcoin in 2009, thats normal because it is not popular in this date and its price is not high, and also still not having good potential. But with time Bitcoin becomes the first used crypto currency with the biggest community
TIDOVEE
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August 10, 2017, 06:03:40 PM
 #38

As at 2009, I'm sure only a few people would be involved in bitcoin. it just spread to many countries recently like 2011 upward.

gicacoca
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October 02, 2018, 07:10:08 AM
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 #39

I believe there were less than 100 people for the whole 2009 and less than 300 for the first half of 2010.

Since this is my first post here on bitcointalk, I would like to take this opportunity to leave my story about Bitcoin Cool

I first heard about bitcoin in a strike of fortune: I was surfing the Web in the Winter of 2009 and got into an uncommon "newspaper-like" website - possibly one of the first mentions about Bitcoin on the Web. I don't remember the exact day but I remember it was during the period just before or after I left my job (2009/02/28). The text was short with about 100~150 words and I remember it started with a title like "A peer-to-peer digital cash system". The text was basically introducing Bitcoin and it ended with a message like "Will Bitcoin be successful? We have to wait and see" - something like this.

Then, I realized the value of 'whatever that thing is' is zero - "no one attributed any value to this 'thing'." "If this is zero, it can't get any lower in the future but only go up. It can eventually 'explode' when people catches on this although not in the near future. It needs time to mature to be successful." - I remember thinking like this.

I remember by then that I Googled and went into bitcoin.org and downloaded the software v0.1.2 or v0.1.3. The website had minimal design by then (it was like a Notepad text) and in order to run the software, the user only needed to do 3 simple steps. The last one was running BITCOIN.EXE.

So, that's what I did. As soon as I ran the application to generate coins, my notebook fan (a 2-year old Sony Vaio) started to 'scream' like I've never seen before. I admit that I have a paranoia when I see EXE files downloaded from unknown sources. Deep in my mind, I associate this type of files from dubious sources with trojan horses. So, what did I do? In the next minute or so, I removed the program from my computer.

Well, my curiosity about Bitcoin did not end on this day. I'm a guy who complains 'everyday' about how the vast majority of us spend a lifetime working to earn money to deposit in banks that use it to invest into something for their own. And the worst thing is they don't take responsibility if they lose our money like they did in 2007 or 2008. So, in the following years, from time to time, I googled 'bitcoin' to know how was bitcoin doing and I was happy to see it growing slowly like a little child. I believed so much in Bitcoin that I even wrote as top priority on my sticky notes on my desktop that I must buy bitcoins. I wrote this note around 2013 and in the beginning of 2016, I received a phone call from my partner who asked me what I was doing. He called me exactly when I was researching about how to buy bitcoins and he replied "What is that? Stop wasting time on silly things. It is time for us to make money!". I don't know why, it somehow convinced me that I had other priorities in the company, so I gave up creating an account on an exchange and I deleted the top priority note. This was the last time I had Bitcoin on my mind...

... Until November 2017... when my colleague from a full-time job that I had to join a year before (because in my company I was not earning regularly and not enough to rent an apartment), said "My friend has been annoying me to buying some coin!" - and my mind immediately associated that coin she was unable to spell correctly to Bitcoin! Oh no! It took me 8 years to finally own a bitcoin, albeit a fraction of it because I jumped into the ship, ferociously, right after that 'Eureka!' in late November 2017. I was furious with myself thinking how is it possible that I took so long to finally have the 'thing' that I have believed since the beginning? The rest of the story, you can already guess: when I saw it reaching almost 20k USD, I diversified my portfolio of less than a bitcoin into altcoins (I never heard of other cryptos until this time) and now I'm losing about 90% of what I've invested.

Moral of the story: the character of an individual determines his destiny. In my case, it was not a matter of believing in Bitcoin; it was a matter of willing to be wealthy and overcoming the fear of having possibly installed a trojan horse in my computer. For our lives to make sense, it is fundamental that we know who we really are and gain conscience of what we are lacking or doing wrong in order to overcome our constrains to achieve our goals in our lifetime.
gohan21
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October 06, 2018, 07:05:01 AM
 #40

It's hard to calculate but I think their are little bit people who trying to know bitcoin at for their very first time to know it until now the so many people are investing in bitcoin.
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