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Author Topic: $100 of bitcoin in 2010 is worth $75 million today  (Read 2271 times)
Wardtr (OP)
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September 24, 2017, 12:09:00 PM
 #1

There's no question that it's been a good investment, particularly if you bought at the right time.
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September 24, 2017, 12:15:16 PM
 #2

2010 is first time bitcoin launching, so people dont know detail about bitcoin, some people thinking bitcoin just a shit, and doubt if bitcoin can used to buy something, then some one buying pizza use bitcoin and some people interesting to invest it..
for me today still not late to invest at bitcoin, i think bitcoin worthed more than $100.000/bitcoin

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September 24, 2017, 12:22:52 PM
 #3

I really regret not buying back then when a friend told me daily about his crypto trading. I simply was not open minded enough to pay attention to him cuase I thing it was a ponzy. But at the end I'm thankfull that I finally got into crypto a year ago  Smiley

Sometimes you should appreciate what you got and not what you would have gotten.

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September 24, 2017, 12:37:47 PM
 #4

Well, many people regret for not buying BTC in 2010. However, it is understandable that BTC was new and people tends to have doubts. It is the same for other cryptocurrencies.

It is still not late to own BTC and other cryptocurrencies. 

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September 24, 2017, 12:40:33 PM
 #5

There's no question that it's been a good investment, particularly if you bought at the right time.

It is the best investment that has grown a lot for just a couple of years. I don't know before that no one shared me about bitcoin way back at early 2010-2013.

Because if someone just shared me about bitcoin then I'm sure of taking the risk with this, half of my investment will be on this coin before as it's new in the world of technology.

However, it's not that too late for everyone because we can still see bitcoins price multiplied again for the next years to come with it's current price.

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September 24, 2017, 12:48:41 PM
 #6

Back in 2010 there are so many skeptics and if you talk about bitcoin and people would know the value of it back then they are not interested with it and it is not worth the time and effort to make investment towards it, back then you would surely questions all people that are mining bitcoin that they are crazy enough doing this, just like faucets the value of bitcoin back then has a worth of a Satoshi, but back then you can surely mine using your Desktop and right now you would need an advance mining RIG to get yourself a Block.
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September 24, 2017, 01:07:15 PM
 #7

There's no question that it's been a good investment, particularly if you bought at the right time.

i hate it when people do this.
the right time is NOW. and it will remain NOW for at least a couple of years more (probably 5-6 years) and during that time price will continue to rise like this. of course you won't be as rich as someone who has been holding from 2009 but that doesn't mean you won't be rich still.

instead of saying "has been" a good investment try thinking "it is and will be" a good investment.

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September 24, 2017, 01:08:05 PM
 #8

really bitcoin is the right investment. people doubt the bitcoin but beyond the doubt the person has a chance. the right investment opportunity is not visible but the exact result. even beyond gold. there is no time to buy, all the right time to buy bitcoin because bitcoin value is increasing instantaneously.

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September 24, 2017, 01:14:31 PM
 #9

I didn't even know bitcoin existed it was untill 2012 when the spike to a $1000 dollar happened that a friend of mine told me about his colleague and how he made $10k of of that. I thought it was impressive but I didn't really mind it back then, I was thinking about different things and I don't really regret anything as I was just busy with different things.

I think it still is a good investment, you're only semi-late. There's a whole virgin population that still need to buy BTC

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September 24, 2017, 01:33:54 PM
 #10

There's no question that it's been a good investment, particularly if you bought at the right time.

In 2010 no one heard about Bitcoin, it was just a small community of enthusiasts, so it shouldn't be strange that it increased in value so much - it grew from near-zero to thousands of dollars per coin. On traditional markets this doesn't happen because assets have some initial price, so when people unfamiliar with Bitcoin look at charts, they think that it's a bubble, because for them it grows too much and too fast. But still Bitcoin remains somewhat risky, so it's advisable to invest only sums that you can afford to lose.

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September 24, 2017, 01:37:34 PM
 #11

That's assuming people who managed to buy Bitcoin, or obtain it through minting, have kept their coins all the way till now. Some times you see articles pop up from people suddenly claiming to be a millionaire because they bought a certain amount of coins in 2010/2011, but there is no actual proof that it is in fact like that. Other than that, it's pointless to compare current levels with how things were in 2010, because only a very few people had the opportunity to enter the Bitcoin world at that period of time. On top of that, if you bought a huge load of coins for a few cents a piece, you would likely have sold them at $1 a piece, or $5 a piece, or $10 a piece, etc. Focus on what you can do now and keep holding and keep accumulating.
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September 24, 2017, 01:39:13 PM
 #12

The thing is, practically nobody apart from Satoshi Nakamoto has held their coins for that entire time. Most people would have sold when they doubled their money. Some when their $100 was worth $10,000.

That's the nature of these investments - hardly anyone holds for the entire duration.

 
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September 24, 2017, 01:41:26 PM
 #13

There's no question that it's been a good investment, particularly if you bought at the right time.
If you are one of the earliest person who did able to believe on bitcoins potential and did able to buy or mine as much as you can then for sure you are now swimming on millions of dollars.Regrets are there why we didnt able to know bitcoin why its still young and now we do see the price rose up too much but still i agree on those people who do said above that engaging on bitcoin isnt still late yet.

R


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September 24, 2017, 01:44:23 PM
 #14

That right there is the power of multiplicity, a force to be reckoned with. Expect it to go even more further and break more barriers as it is heading only in one direction, North!
How I wish I saved the 1 BTC that I acquired in 2014 when it was around $300 and today, it would've been over 10x that price.
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September 24, 2017, 01:45:07 PM
 #15

Cryptos will go MUCH higher.

However, nobody knows if Bitcoin will stay in the lead.

The total market cap of cryptos is still tiny compared to other asset classes, such as:

*  cryptos:  $0.2 trllion
*  gold:  $7 trillion
*  stocks  $70 trillion
*  fixed income  $199 trillion
*  derivatives  $630 trillion


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September 24, 2017, 01:49:19 PM
 #16

Well, many people regret for not buying BTC in 2010. However, it is understandable that BTC was new and people tends to have doubts. It is the same for other cryptocurrencies.

It is still not late to own BTC and other cryptocurrencies. 


Yeah but nobody will see back those numbers

For example it is indeed true that:
100$ invested in  2010 would give you back 75 millions now, but
100$ invested in  2013 (december) and you will "only" have 350$ now.

The rate of return is going down and a lot of us won't see, not million but x1000 returns.
And remember, no one lives forever to wait for those returns.

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bitcub
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September 24, 2017, 01:49:55 PM
 #17

Today is not too late. Bitcoin is still young. Many people from the future would have a regret why they didnt by Bitcoin during 2017 when Bitcoin is only $3000. In the future 1 satoshi might be a dollar or a future cents lols. Who knows?

Wendigo
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September 24, 2017, 01:50:39 PM
 #18

There's no question that it's been a good investment, particularly if you bought at the right time.

It's more important when you sold. How many of these people do you think have held on their coins till now? And how many knew about Bitcoin in 2010? Some nerdy computer guys fucking around with their hardware and figuring out stuff on their own that's how many lol. Plus it's very easy to draw conclusions after the fact lol.
thebanker28
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September 24, 2017, 01:51:14 PM
 #19

There's no question that it's been a good investment, particularly if you bought at the right time.
Indeed, if we all had the benefit of foresight, you could also have invested in Nokia, Kodak, Blockbuster etc in 2010 and that would be worthless now - but there is no point in regretting what we did/or did not do in 2010. We can however control what we do now for the coming decade. Decide what the future need to look like and start working towards that end. If you think BTC will feature in 2027 then maybe $100 worth of today's BTC might be a nice investment for 10 years time, I doubt you will see the same magnitude of rise, but it might be worth $1,000 - no reason BTC wont go to $50,000 in 10 years - if it survives, then again it might go to 0.

This is the same chance that someone in 2010 took.

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AnisahSiti
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September 24, 2017, 01:51:39 PM
 #20

There's no question that it's been a good investment, particularly if you bought at the right time.

Now is a perfect time to buy bitcoin, Why? because in the coming year bitcoin will be even more expensive, maybe fattening market capitalization. where large investors are coming in. Digitalization is growing, and we are now entering the era of digitalization.  Lips sealed

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