IF YOU BOUGHT $5 OF BITCOIN 7 YEARS AGO, YOU’D BE $4.4 MILLION RICHER

[CheekyChappy]

http://www.24businessreport.com/news/en/uk/hiax/index.html

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[pooya87]

why go so far away back in time like this? it just makes everyone feel regretful in my opinion.
lets stick to more recent events.. for example if you had bought any amount of bitcoin about 7 months ago, you would have more than doubled your money already!

[CheekyChappy]

why go so far away back in time like this? it just makes everyone feel regretful in my opinion. lets stick to more recent events.. for example if you had bought any amount of bitcoin about 7 months ago, you would have more than doubled your money already!

Your spin on it makes sense but unless you look back you cannot learn from mistakes and guide for the future. That is my opinion.

[warrior333]

And to me it's like the opposite. The more people will look back the more will want to earn and the demand for bitcoin will grow. From this you earn all the users and without loss we will survive the events of August 1.

[Yakamoto]

http://www.24businessreport.com/news/en/uk/hiax/index.html

Well, it was 2010 7 years ago, Bitcoin was about a year old, the community was small, no-one really knew about it beyond those involved in the project, or at least they never thought about it. It makes sense that having purchased $5 of something that was essentially unknown at that point would make someone millions of dollars richer after a few years, assuming that the asset kept growing, which happened in Bitcoin's case.

I wish I knew about it before 2013, but that's life. Won't miss out on opportunities like this in the future.

[bitbunnny]

No sense in regret, what is use of it. It's like you say if I only chose this number I would win the lottery. Back then no one couldn't predict for sure how the Bitcoin would develope. And even if you bought Bitcoins at that price who says that you would keep them so long.
Let's look for the future and what can we do now, not what could have happened in the past.

[Myfe]

Yeah, craziness. Although you'd have a higher likelihood of using your easy-to-acquire Bitcoin to buy something silly at 1,000 a piece. And imagine how easy it was to mine back then. I know Mt. Gox and BitInstant were around but mining was so easy and the reward for each block won was 50BTC, would have made it easy to rack up a significant balance. You'd just have to hope that holding on for dear life would be something you valued above anything else!

[Iranus]

Oh look, it's a shill article for Etoro, the extremely shady platform for people to copy others' trading.

They play on people's greed to try and get them to invest stupid amounts of money in Ether, or whatever the hype of the time is.  During the ETH pump and all the way up to $400, they were showing ads all over the place saying "will ETH follow Bitcoin"?

Meanwhile, their Trustpilot reviews show just how well they're handling their users' money.

I hate how some sites make articles like this talking about your investments decisions in order to lure you into giving them money.  Just stop talking about this shit already, we all know we lost an opportunity.

I know Mt. Gox and BitInstant were around

Mt. Gox started in July 2010.  The price of BTC back then was still extremely low, but not the crazy proportions they're talking about in this article.

[anylic]

no one can see the future so far as to be, in every stage of development will be difficult and the important thing here is who is patient enough to wait until now

[Azkabal]

http://www.24businessreport.com/news/en/uk/hiax/index.html

Well, now this time is gone, and (how it was said in few posts there ) dont miss your opportunitys in live, be brave, perhaps this 5$ investment will be 4.4$ profit in the future

[CheekyChappy]

http://www.24businessreport.com/news/en/uk/hiax/index.html

Well, it was 2010 7 years ago, Bitcoin was about a year old, the community was small, no-one really knew about it beyond those involved in the project, or at least they never thought about it. It makes sense that having purchased $5 of something that was essentially unknown at that point would make someone millions of dollars richer after a few years, assuming that the asset kept growing, which happened in Bitcoin's case.

I wish I knew about it before 2013, but that's life. Won't miss out on opportunities like this in the future.

Same here I wish I knew about it before 2013 too but life goes on. Chances of getting another opportunity like that will be small because the market is flooded with too many coins.

[gentlemand]

And if me grandma had balls she'd be me grandpa.

I'd love to know the number of people who held from then until now. I'd guess you could probably fit all of them on the top floor of a bus with room to spare.

[freebutcaged]

no one can see the future so far as to be, in every stage of development will be difficult and the important thing here is who is patient enough to wait until now

This is a wrong statement mate, with Bitcoin everyone can see the future very clearly as everything is already available publicly.

You have a difficulty adjustment embedded in the code which makes the block time averagely 10 minutes every 2016 blocks.

You have a 21M total supply, with only 100M users you could estimate the future price, what is there that is not transparent about Bitcoin?

This is the first time in human history that we have a predictable system by it's own design, it was made this way on purpose.

[darkangel11]

You don't even realize how many opportunities like this one are passing under your nose. There were so many new companies on the stock market that multiplied their value over the years, you just had to put your money in the right place. I remember back in the day euro was worth much less than dollar, like half of it, and a few years later we had the opposite situation, dollar went down and was worth 0.5€, now they are worth almost the same, so if you knew that and wisely converted your money, you could have multiplied it.

[susila_bai]

You don't even realize how many opportunities like this one are passing under your nose. There were so many new companies on the stock market that multiplied their value over the years, you just had to put your money in the right place. I remember back in the day euro was worth much less than dollar, like half of it, and a few years later we had the opposite situation, dollar went down and was worth 0.5€, now they are worth almost the same, so if you knew that and wisely converted your money, you could have multiplied it.

In most of the condition this type of trading are done only by if you have contacts in that companys which are going to burst and the profit is going to be in large. like that only who ever have bought 7 yrs ago that time some of them throwed it and forget it and some of them got the private keys of the wallet and now enjoying it, but they have thought it dead on 7 yrs back but now that dead is giving them millions.

[btctuxedo]

I must have bought some bitcoin in the past but I can't remember where I keep them 

[freebutcaged]

You don't even realize how many opportunities like this one are passing under your nose. There were so many new companies on the stock market that multiplied their value over the years, you just had to put your money in the right place. I remember back in the day euro was worth much less than dollar, like half of it, and a few years later we had the opposite situation, dollar went down and was worth 0.5€, now they are worth almost the same, so if you knew that and wisely converted your money, you could have multiplied it.

Which companies mate?  there is no such a thing as investing in said companies or stock market that could be made as easy as investing

On Bitcoin, if you were to take advantage over dollar vs euro you'd be needing millions or even billions to earn a decent profit, what ever

Investment opportunity there is in the world none of them could give you more than %5000 in 7 years and even if they could it wasn't

Something as open and being internationally reachable like BTC. even now it's out there in the open for grabbing, many people still think

Bitcoin is some kind of investment tool all the times talking about risks, they don't get it or are using it the wrong way, it's a bank with

No headquarters while it's a currency as well with no government to print it.

[hatshepsut93]

This "shocking" information is kinda useless, because very few, if any, people hold Bitcoin since 2010, selling Bitcoin below current $2500 zone may seem stupid now, but no one knew how much will it rise until it crash (like in 2013), so it totally made sense for early investors to grab some nice profits. It was also very hard to even get knowledge about Bitcoin in 2010, because it was off the radar of most media, so unless you were interested in cryptography and p2p networks, chances are you won't hear about Bitcoin at its early days.

[djoko adi]

Things like that might happen at bitcoin prices. Fluctuating bitcoin prices make us gain big profits or losses. It could be that in the next decade the bitcoin price becomes very high or becomes lower it is all possible. I think if you have bitcoin then you save it. Janga delay too long to be able to profit from bitcoin .. use trading on sale of bitcoin. Selling at a time when expensive and buy when cheap

[CARrency]

http://www.24businessreport.com/news/en/uk/hiax/index.html

It is so late to make these statement, bitcoin's price 8 years ago was really surprising, who would have thought that a $.03 price of bitcoin is now at $2000? A lot of people regret not paying attention to these digital currency at it's early stages, but now that it is really popular and leading as a most valued digital currency, everyone are wanting to buy and earn them amd make a living out of it.