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Author Topic: When 500 bitcoins were $1  (Read 1779 times)
Baitty
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November 03, 2013, 01:05:35 PM
 #21

I bet a lot of people have forgot their credentials for their wallets etc and they are kicking themselves because I bet some of them had over 1000 Bitcoins.

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Golph
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November 03, 2013, 01:44:20 PM
 #22

Few years back, Bitcoin were really new and the risk is really high just like any new start up company.... Everyone would be rich if everyone knew it =.=

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November 03, 2013, 01:52:55 PM
 #23

Well how many people believed that the price would jump from lets say 0.01$ for 1BTC to 200$? If people did, there wont be no trade since everyone would w8 for that moment ( ppl know were sure it would reach that price ) and cash put then, and since there is no trade there is no real value. So be thankful that some poor miners sold 10k for few $.


Thats true, this is why Bitcoin will never be 1 mil USD/BTC. 

When I think about it, it might never reach 1000 USD/BTC

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November 03, 2013, 02:17:00 PM
 #24

Well how many people believed that the price would jump from lets say 0.01$ for 1BTC to 200$? If people did, there wont be no trade since everyone would w8 for that moment ( ppl know were sure it would reach that price ) and cash put then, and since there is no trade there is no real value. So be thankful that some poor miners sold 10k for few $.


Thats true, this is why Bitcoin will never be 1 mil USD/BTC. 

When I think about it, it might never reach 1000 USD/BTC
This is wrong on so many levels, that I don't even wanna start explaining.

This, lmao.
Raya
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November 03, 2013, 02:31:19 PM
 #25

Oh really? A pizza sold for 10000 Bitcoins? That guy must be rolling in it now.

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November 03, 2013, 02:33:44 PM
 #26

I bet a lot of people have forgot their credentials for their wallets etc and they are kicking themselves because I bet some of them had over 1000 Bitcoins.

True, but they forgot about their wallets with 1000 Bitcoins because these had almost no value.

Now people wouldnt forget about having 1000 Bitcoins  Smiley
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November 03, 2013, 02:38:10 PM
 #27

I bet a lot of people have forgot their credentials for their wallets etc and they are kicking themselves because I bet some of them had over 1000 Bitcoins.

True, but they forgot about their wallets with 1000 Bitcoins because these had almost no value.

Now people wouldnt forget about having 1000 Bitcoins  Smiley

I wouldn't forget about having 1 Bitcoin let alone 1000.

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November 03, 2013, 04:09:57 PM
 #28

Speaking of Being in the right place at the right time...
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November 03, 2013, 04:15:06 PM
 #29

Speaking of Being in the right place at the right time...

Imagine having 1000 Bitcoins for $2 and selling them now.

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November 03, 2013, 04:29:07 PM
 #30

Speaking of Being in the right place at the right time...

Imagine having 1000 Bitcoins for $2 and selling them now.


If I only knew about Bitcoin much sonner. But I guess there was no exchange, how would I buy safely the BTC I have no idea
Baitty
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November 03, 2013, 04:31:18 PM
 #31

Speaking of Being in the right place at the right time...

Imagine having 1000 Bitcoins for $2 and selling them now.


If I only knew about Bitcoin much sonner. But I guess there was no exchange, how would I buy safely the BTC I have no idea


I guess people trading among themselves. AS long as escrow was used you should of been fine. But, I guess not many people were reputable then because they had no past trades. Although, who would scam for $1? That would be silly.

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November 03, 2013, 05:11:32 PM
 #32

coulda, shoulda, woulda......

Stop dwelling. It's still early in the game!  Grin

It's easy to look at things in a "i'm late to the game...." sense  because we're on here reading threads all day, when in reality if you ask someone on the street what "Bitcoin" is, they look at you as if your speaking a foreign language.

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November 13, 2013, 05:43:02 AM
 #33

I had 3 bit coins when they were around 5 dollars but that was ages ago

Also 500 bit coins for a dollar would be insane
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November 13, 2013, 08:54:57 AM
 #34

coulda, shoulda, woulda......

Stop dwelling. It's still early in the game!  Grin

It's easy to look at things in a "i'm late to the game...." sense  because we're on here reading threads all day, when in reality if you ask someone on the street what "Bitcoin" is, they look at you as if your speaking a foreign language.

Yes, you brought it to the point!
There's still room for profit with BTC and I'm sure there will be some successfull alt coins as well.

I'm now trying to figure out which are worth investing in. :-)
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November 13, 2013, 12:26:44 PM
 #35

coulda, shoulda, woulda......

Stop dwelling. It's still early in the game!  Grin

It's easy to look at things in a "i'm late to the game...." sense  because we're on here reading threads all day, when in reality if you ask someone on the street what "Bitcoin" is, they look at you as if your speaking a foreign language.

Yes, you brought it to the point!
There's still room for profit with BTC and I'm sure there will be some successfull alt coins as well.

I'm now trying to figure out which are worth investing in. :-)
The price of alt coins might scale up too in coming years. Which one do you guys think will get "bulled" ?

500 bitcoins for a dollar. Hmmmmm, a time machine would be truly nice.  Undecided Smiley
Seriously, a time machine could make us millionaires !  Wink

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November 13, 2013, 02:58:50 PM
 #36

Would be pretty sick to get in that early.  Oh well, its still very early imho.  Maybe in the next few years, people will be saying "oh god how I wish I got into this whole bitcoin thing in the early stages when it was only 4,000 per coin".  I wonder what the posible ceiling is... but its very high.

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November 13, 2013, 09:57:19 PM
 #37

AHh he's so cute... With his little link to the picture!! I want his picture! Cheesy
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November 14, 2013, 01:14:05 PM
 #38

i think the first use of a time machine would be to travel back to the begining of bitcoin

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November 14, 2013, 02:10:44 PM
 #39

https://bitcointalk.org/index.php?topic=25.msg159#msg159

Even satoshi posted there. The 25th topic. Dayum, he WAS an early adopter...

Too bad, he isn't active since few years ago...

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