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Author Topic: Can not believe 5 years ago you could of bought one whole bitcoin for this much!  (Read 9561 times)
Ultegra134
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April 10, 2021, 10:06:47 PM
Last edit: April 11, 2021, 09:11:47 AM by Ultegra134
 #301

I used to have a decent amount of BTC (For current standards, somewhere around 0.60 BTC if I remember correctly) back when it was worth $250-300 each. I regret not keeping my Bitcoin till now, but as you already mentioned, I might have also sold at $400 for instance. Thus, it's best to look forward and not what we could have done in the past.

 
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April 10, 2021, 11:10:09 PM
 #302

How big this coin has become ever since it was created. If you have bought 100 bitcoins back in 2015 you'd literally have 650k by now. And this growth is not showing any signs of stopping, so we can well expect in the future that bitcoin may even reach 100k, or even 1M in a few years after. The world is your oyster with bitcoin.
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April 11, 2021, 06:40:42 AM
 #303

For $651~ you could of got yourself a shiny whole bitcoin on coinbase plus their $6.66 fee.
I wouldnt of mind paying this fee on top regardless.
Even if they were asking 10% of the purchase amount at the time which is probably more by now. Wink

That is how it might seem to most of us now but why didn't people buy just one whole Bitcoin then?
I believe back the most investors too would have thought that price for Bitcoin was too much and may be the fee too would have thought of to be too high but when you look back at that moment today, yeah we all would be saying what you say now.

This is why even today, you still see some investors saying, the price of Bitcoin is too high let us wait for it to come down a bit before investing and maybe some few years from now when the price of Bitcoin would have been above $100k, some one would repeat this statement again like, Wow, I would have bought Bitcoin back some time in 2021 when it was $60k.
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April 11, 2021, 08:07:48 AM
 #304

Even if that was the price of bitcoin back then, I don't have enough money to buy it since I am still a student and asking for money from my parents isn't really a good idea especially with bitcoin since they still think that it is risky as hell. Man, I wish I could have bought back then.

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April 11, 2021, 10:05:57 AM
 #305

But I’m sure at that time you were hesitant buying Bitcoin with that amount because no one ever knew it could reach to $60k after 5 years. Same as what is happening today, people still are hesitant to buy Bitcoin even if maybe 5 years from now it’ll be worth more than how much it’s value is now. We all wish we could’ve bought at least 1 Bitcoin 5 years ago.
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April 11, 2021, 02:34:16 PM
 #306

This is the proof in crypto world that if you hold your token for long time and that token have future probably the token will increase tremendously like bitcoin and other crypto  currency.  I remember bitcoin reach 20K dollars I'm not sure if 2018 4th quarter of that year then after that bitcoin decreased every month and a year, but now Bitcoin reach 60K dollars my prediction BTC can reach 80K dollars this year.

Bitcoin was the first cryptocurrency. There was no premine and the inventor (Satoshi Nakamoto) never attempted to make profits out of his invention. Even in 2010, the total market cap of Bitcoin was only around $3,000. On the other hand, most of the ICOs are priced in tens of millions of USD now, if not hundreds of millions. There is only a small chance that they will be successful in the long term. And even if they are successful, I don't think that they will provide huge returns like what happened with BTC. Because they are already overpriced. 
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April 11, 2021, 03:48:24 PM
 #307

This is the proof in crypto world that if you hold your token for long time and that token have future probably the token will increase tremendously like bitcoin and other crypto  currency.  I remember bitcoin reach 20K dollars I'm not sure if 2018 4th quarter of that year then after that bitcoin decreased every month and a year, but now Bitcoin reach 60K dollars my prediction BTC can reach 80K dollars this year.

Bitcoin was the first cryptocurrency. There was no premine and the inventor (Satoshi Nakamoto) never attempted to make profits out of his invention. Even in 2010, the total market cap of Bitcoin was only around $3,000. On the other hand, most of the ICOs are priced in tens of millions of USD now, if not hundreds of millions. There is only a small chance that they will be successful in the long term. And even if they are successful, I don't think that they will provide huge returns like what happened with BTC. Because they are already overpriced. 

What are You think about the HUGE AMOUNT's of scam's in the economy LATER? Where is Satoshi Nakamoto? Me seems, You known she / he well. Or?

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April 11, 2021, 06:26:51 PM
 #308

For $651~ you could of got yourself a shiny whole bitcoin on coinbase plus their $6.66 fee.
I wouldnt of mind paying this fee on top regardless.
Even if they were asking 10% of the purchase amount at the time which is probably more by now. Wink


By this time I was already here in this field of business of cryptocurrency. But by that time even I like to buy Bitcoin I don't have any amount of money to buy not even a single cents. I can't just even imagine now the person who bought bitcoin at this price and they hold until it reach  50k$ plus that person surely now like a lottery winners😊
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April 11, 2021, 06:32:44 PM
 #309

Just take a look how low the value of bitcoin is compared to how high it is right now and you can already see the importance of patience and faith in bitcoin. If only people from two years ago managed to predict or thought about holding atleast 5 to 10 bitcoin considering the low price, then they would have been easily became rich. It is quite understandable why there are only few who chose to hold their bitcoin during that time since the value of bitcoin on that moment just kept on going down and it looked like there are no chance of seeing it increase once again. Still, look how far bitcoin exceeded our expectations, it is truly amazing and unpredictable.
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April 11, 2021, 09:31:17 PM
 #310

It's so good to remember those days when we can still buy bitcoin as cheap as it can, from two digits to three digits. And those real OGs that have bought it on cents up to $10. Bitcoin has gone far and made a lot of people became wealthy, many millionaires and has hundreds of thousands value in their portfolio due to holding bitcoin. And one lesson that we can learn from this is very simple, HODL.


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April 12, 2021, 02:58:59 AM
 #311

I think, bitcoin is overpriced since 2009, since its start!
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April 12, 2021, 04:45:37 AM
 #312

I still regretted not knowing or buying Bitcoin when it was still worth cents. I was too focused on managing my family business and doing freelance work, but never knowing about BTC back then is probably one of the biggest mistakes I've ever had, and I totally regretted it. Now it overs around $56k+, there is no way that we could go back even much lower than $50k anymore. The market is much more mature right now unlike in 2017 bull run followed by the 2018 great Bitcoin crash. This one's different because of the big institutions and companies investing in on Bitcoin.
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April 12, 2021, 05:15:45 AM
 #313

I used to have a decent amount of BTC (For current standards, somewhere around 0.60 BTC if I remember correctly) back when it was worth $250-300 each. I regret not keeping my Bitcoin till now, but as you already mentioned, I might have also sold at $400 for instance. Thus, it's best to look forward and not what we could have done in the past.
You didn't know back then that the prices are going to go that high though so what is the point of regretting something that you have already did with conviction, don't worry about the past so you can just move forward. If I had that amount I would've done the same as you since I don't have a foresight regarding the future price of bitcoin, I do have faith but a man's gotta eat.

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April 12, 2021, 06:46:55 PM
 #314

Let me ask you a question first, If you we're one of those person who are pioneer in the bitcoin industry, will you buy a bitcoin for a price that indicates? Probably no because there's no one who thinks that the bitcoin will suddenly pump up in the future. The thing that I've want to explain is that we don't know what would be happen in the future so we must better to appreciate different things today and buy those investments that might go boom in the next few years.

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April 12, 2021, 07:38:56 PM
 #315

...
*I can't say what else, this is a screenshot of the best Bitcoin prices...
2014 ago I still reject Bitcoin and believe more in fiat, of course this is my stupidity. lucky for those who make the choice to buy Bitcoin when the price is still low. *envy them

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April 12, 2021, 09:24:14 PM
 #316

My wife often says that if time travel could be done, she would go to the past and buy some Bitcoins.  Cheesy
I have collected about 0.5 bitcoins from my old trash wallets this year. I don't think there is any other investment asset that is as profitable as Bitcoin in the current era. Bitcoin is offering the most profit in the shortest time. I believe that at a time like this next year we will wonder why I didn't buy Bitcoin last year!

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April 12, 2021, 11:12:24 PM
 #317

I think, bitcoin is overpriced since 2009, since its start!

If you have no usage, no utility personally from holding it and you exclude any trading value to those that do then you are correct in your estimate.    The wider context is the origins of BTC relate to QE and the diminishing value of FIAT worldwide on a large scale, the disproportion asset based inflation via the QE done has altered the prices of many things and promoted alternates outside that price distortion.   I dont think it will last forever and dollar itself is liable to slip and fall into far less usage globally, similar to sterling previously and the end of its empire meant a far lower value.
   Most people have the simple take crypto replaces Dollar, I dont think its going to be that simple we are discussing a developing situation and clearly things cannot stay as they are now but its also obvious gigantic change will occur so its not wrong to hold BTC potentially this is true for every human hence we have demand.

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April 14, 2021, 01:48:49 PM
 #318

For $651~ you could of got yourself a shiny whole bitcoin on coinbase plus their $6.66 fee.
I wouldnt of mind paying this fee on top regardless.
Even if they were asking 10% of the purchase amount at the time which is probably more by now. Wink
https://i.ibb.co/nkPbv80/hxx1yzicku731.jpg

bitcoin has surprised us all pretty much Cheesy
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April 14, 2021, 01:50:18 PM
 #319

I remember before, When the price of bitcoin was only 200 $. But I didn't buy it because I don't know much about bitcoin. It's just frustrating because I can't imagine getting the bitcoin price today at around 8,000 $ to 20,000 $

I used to make 2 to 3 bitcoin back then but now it just doesn't happen.

i cant forgive myself for not investing in bitcoin Undecided
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April 14, 2021, 01:53:05 PM
 #320

Many of us who didn't recognize that how big this coin can get are regretting the same thing.But as said they enjoy larger part of profit who have early mover advantage.Those who invested at that time or even before are now enjoying huge profits.But still its going to rise by time and we will also feel happy to buy at this prices also.
yeah. unfortunatelly when bitcoin has taking adventage a lot of us didint even know about BTC, and didint saw opportunites to invest money in it.
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