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Author Topic: What could $100 buy back in 2010?  (Read 180 times)
squog
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June 22, 2018, 03:31:44 AM
 #21

Ugh inflation really sucks. But what sucks more is that I've never heard of crypto currencies let alot Bitcoin until last year. If I've heard of it, i would've uo and bought alot of shares and just sitback and relax as i watch everyone else grind for a living. These are the regrets that we have so let's learn from.it.

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June 22, 2018, 06:32:23 AM
 #22

The reason dollar value decreasing is inflation. Government always want more growth on their economy and thats why central banks always print money. Its not healthy system and it always creating economy crisis because supply controlled by central banks.
Bitcoin bring different idea and different system, bitcoin is new monetary system because creating transparancy on system and transaction

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June 22, 2018, 07:36:58 AM
 #23

Doesn't matter. Obviously as the time will pass demand and population will increase lot day by day and thats the truth for it. This will also increase the prices of cost of living and thus it is what we are seeing in your chart and the other chart which is published by fellow user. So anything that you buy today will get you some profits or ROI after few years. For example, whether it is property, home, crypto currencies or IPO itself then you can always expect some great returns afterwards. This is the time, demand and supply stuff if we see it through the perspective of investors.
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June 22, 2018, 07:45:54 AM
 #24

A mere 8 years ago BTC was that cheap! Damnit! I could've bought BTC 8 years ago with the 100 dollar Christmas gift grandma gave me and be rich today! That just really hurts. It just shows that we should really watch out for new things. I just hope i get another wind of things. Outside of that, inflation sucks!i mean back in 2010, i could've gone to like 4 amazing dates with that
 

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June 22, 2018, 09:39:50 AM
 #25

Times have change and that $100 is coins nowadays considering that commodities are getting expensive day by day. But if have invested that on cryptocurrency particularly on bitcoin then you are now crypto millionaire. If only we could tell what the future will be.

Indeed, its happen because purchasing power on dollar decreasing. Inflation always the main factor why our assets decrease the value. Cryptocurrency hopely a new system and can maintain our assets from inflation

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June 22, 2018, 10:40:58 AM
 #26

But what sucks more is that I've never heard of crypto currencies let alot Bitcoin until last year. If I've heard of it, i would've uo and bought alot of shares and just sitback and relax as i watch everyone else grind for a living. These are the regrets that we have so let's learn from.it.

How can you regret something that you couldn't do anything about?

It's like saying if I was born earlier then I would be a millionaire because of this or that event. It makes zero sense.

I bought my first coins back in the days when they were under $25 a pop. Do I regret not having kept them? No, because I was a complete noob only looking to benefit from this volatile market, and it only worked against me. Buying high selling low and later on shitcoin investments wiped out nearly my entire holdings at that time. I'm glad I realized that what I did was wrong and started to improve where needed.

You can only blame yourself when you know that Bitcoin has the potential to increase significantly and even change the world, but don't actually act based on that understanding. That's when you can regret your poor decision and acknowledge how you missed out.

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June 22, 2018, 11:03:04 AM
 #27

bitcoin price at that time is still about $ 1, meaning you can buy 100 bitcoin. now the bitcoin price is around $ 6500, that means your money has increased to $ 650k.

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June 25, 2018, 03:49:56 AM
 #28

A mere 8 years ago BTC was that cheap! Damnit! I could've bought BTC 8 years ago with the 100 dollar Christmas gift grandma gave me and be rich today! That just really hurts. It just shows that we should really watch out for new things. I just hope i get another wind of things. Outside of that, inflation sucks!i mean back in 2010, i could've gone to like 4 amazing dates with that
 

It truly is amazing. An airdrop coin that I'm getting right now, that's not even yet on coinmarket cap, is worth more today than Bitcoin in 2010. And that gives me an insane perspective of just how cheap it was back then.
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June 25, 2018, 05:01:31 AM
 #29

Backing the time only gives us frustrations why we not did buy bitcoin the very moment we heard or learnt about this,thats why lets not reminisce instead live on whats the market bringing us.

And i am sure that if we turn back the time you will never spend your $100 just to buy bitcoin since this is not popular wayback

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June 25, 2018, 08:24:09 PM
 #30

Times have change and that $100 is coins nowadays considering that commodities are getting expensive day by day. But if have invested that on cryptocurrency particularly on bitcoin then you are now crypto millionaire. If only we could tell what the future will be.

The frustration with me is simply not knowing that such an opportunity was there.
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September 07, 2018, 05:50:31 PM
 #31

Throughout the year of 2010, the cryptocurrency market was friendly enough that the coins were mostly green and there was the least panic of loss. You can buy good sound systems that year with just this worth of money.   
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September 07, 2018, 06:05:30 PM
 #32

I finished high school in 2010 and even if I have $100 then like majority I know nothing about cryptocurrency. Well, I believe I'm still early enough anyway because adoption globally is still less than 10%.

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September 07, 2018, 06:25:04 PM
 #33

This is the time for a time machine. If I went back in time, I would spend my savings into buying bitcoin. But unfortunately, people did not know that bitcoin price would have had a big pump, not to mention that in eight years, bitcoin really showed us the unexpected. I really would love to have at least one bitcoin in my wallet right now. For now, I hope the price will increase so I can have a good profit. Until that time comes, I will be patient and positive toward bitcoin.


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September 07, 2018, 07:16:32 PM
 #34

Backing the time only gives us frustrations why we not did buy bitcoin the very moment we heard or learnt about this,thats why lets not reminisce instead live on whats the market bringing us.

And i am sure that if we turn back the time you will never spend your $100 just to buy bitcoin since this is not popular wayback
Yes in 2010 bitcoin is not popular, at that time there's no news about bitcoin and if someone told me to buy bitcoin with 100$ at that time of course I Will not buy it. In 2010, in my country you can use 100$ to meet your daily need for one month. if we know the potential of bitcoin In the past, now we must have become rich.
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