Symmetrick (OP)
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January 14, 2022, 12:37:20 PM Last edit: November 30, 2023, 11:11:48 AM by Symmetrick Merited by Welsh (8), The Cryptovator (5), vapourminer (3), LFC_Bitcoin (2), Dr.Osh (2), witcher_sense (1), YOSHIE (1), BlackHatCoiner (1), Poker Player (1), KaliLinux (1), n0nce (1) |
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Poker Player
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January 14, 2022, 12:51:05 PM |
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Lol. This is yet another example. We have seen it many times in the forum, when time has passed and we see the extraordinary revaluation of Bitcoin, we see these things and we laugh, but at the beginning when Bitcoin was worth pennies, and nobody knew about it, and if you heard anything it was related to fraud, or drugs or terrorists, well it was difficult to see how it was going to revalue.
In any case it is good to remember these things at this time because there are a lot of people pessimistic about the price.
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Baofeng
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January 14, 2022, 12:53:59 PM |
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Yeah, it was insane, I think I have posted some old twitter posts as well wherein those early bagholders selling their bitcoin at a cheap price.
So it's the same here, well you can't blame them though as they didn't know the value of bitcoin will grow and mature over the next 10 years. So the lesson here is to accumulate and save as much bitcoin as we can and just hold.
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batang_bitcoin
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January 14, 2022, 12:58:09 PM |
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I think I've seen this somewhere but not in the forum. It's true that someone who's not aware of the potential of bitcoin will just sell it eventually without doing any effort. But these days, for sure that if there will be tournaments again that will be having a prize of bitcoin, there will be participants that will flock that tournament and that's for sure. Yet this time, it's no longer a digit or two for the prize but decimals.
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Maslate
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January 14, 2022, 01:04:57 PM |
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I wish I could travel to the past so I could change my life forever. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) We never know what would happen to the future of bitcoin, but as a bitcoin enthusiast, I always believe that someday it will benefit us as long as we invested it now. You are right, the bitcoin that we make in the forum like signature campaign earnings could be a huge value in the future, so it's always good to consider saving some of our earnings.
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YOSHIE
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January 14, 2022, 01:07:04 PM |
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Bitcoin is a digital property that is constantly growing in value. Take care of it, because in 10 years those few million satoshi that you once received somewhere, even on this forum, can turn into a very impressive amount.
Maybe, there is a point, if you look at the last 10 years, I think out of 100 people who get satoshi/Bitcoin, at that time 1 or 2 people still kept their keys and passwords under the mattress, the rest could only contemplate not being able to do much. Let's say I, being in those 10 years, maybe I should break into my house looking at the keys and passwords I have stored, given the current price of Bitcoin, One house I dismantled, two I could make again with the current Bitcoin price, but I really couldn't find the key, starting all over again, maybe I'll remember the worst thing I've ever done. The bottom line: never think that something we do is worthless in the future, save it well, so as not to regret it.
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pawanjain
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January 14, 2022, 01:20:30 PM |
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I don't know if something similar has already been posted on the forum, but still. I love these artifacts. This is the story of bitcoin, the story of how people felt about it at the time, 10 years ago. snip The case when the losers became winners. Yes, I understand that there is an extremely small chance that these people were able to make the correct profit from this consolation prize, and most likely they got rid of these coins almost immediately. Although, everything can be, and one of these guys still became a millionaire .... who once lost. This picture shows well the era when bitcoin was not taken seriously. Few understood the potential of this asset at all. As a result, at current prices, the winner received 2 000 times less than the loser. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Bitcoin is a digital property that is constantly growing in value. Take care of it, because in 10 years those few million satoshi that you once received somewhere, even on this forum, can turn into a very impressive amount. That's a clever title for this post. Bitcoin indeed makes the loser a winner if we look at it from that perspective. I have seen this picture earlier may be on this forum or some other and it had also mentioned that the person who received the bitcoins sold it to buy something for himself. But I hope not everyone of them sold all of it and some would have saved at least some of it. I can't imagine how many more scenarios similar to this would be posted on this forum 10 years from now. There might be hundreds of stories.
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LFC_Bitcoin
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January 14, 2022, 01:30:08 PM |
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Saw this a while ago but as an isolated statement, I sure as hell agree with it. Bitcoin has made so many people financially secure who possibly wouldn't have been without bitcoin. I include myself in that, without bitcoin I wouldn’t have the life & opportunities that I’m lucky enough to have now. I think I speak on behalf of many of us when I say, thank you, bitcoin.
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Little Mouse
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January 14, 2022, 01:39:28 PM |
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You are thinking that someone by chance didn’t sell their bitcoin and become a millionaire while I'm thinking how would anyone from the loser feel if they have either didn’t claim the prize or they claimed but lost access somehow ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Very much possible sir.
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Wexnident
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January 14, 2022, 01:52:54 PM |
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Well, that didn't age well. Not that I blame though, 10 years ago who would've thought Bitcoin would be where it is right now no? Even if there were people who believed, I don't think they set the level this high even way back then. Still if they actually just forgot about it and still have it now, then well that's a life-changer right there. Highly unlikely though, I mean, who would keep their keys of a wallet they don't really care that much well taken care of no? At that point it's just up to luck on whether the person themselves did something to their house in years.
Hopefully, in 10 years, people who have Bitcoin right now could have the same experience as people from 10 years ago if they were to get their Bitcoin from back then today.
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mk4
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January 14, 2022, 01:53:20 PM |
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"What the fuck is this BitCorn shit, tell me how to get rid of it so I can have actual money." - the dudes who won 5th-8th place, probably.
Quite weird to be giving out bitcoin for last place though; was this like to not make the last prize seem so cheap lmao? I'd assume it's like $25, or probably less.
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Curated Crypto Airdrop Database
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ChiBitCTy
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January 14, 2022, 02:02:10 PM |
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Man this is pretty amazing. I also love finding stories like this out there where people had no idea what bitcoin maybe even was or certainly how big it’s potential was. I see this a lot with the collectibles hobby where people were gifted a 1btc Casascius coin but end up just throwing it in a drawer and forgetting all about it. Hopefully this person just stored it somewhere and forgot about it but was able to recover it eventually. I use bitcoin for my fantasy football league and we’ve had situations where even 3rd place ended up winning a ton due to bitcoins price rise.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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tbct_mt2
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January 14, 2022, 02:45:05 PM |
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It is same as Bitcoin faucets which gave away many Bitcoin in the past. Now if we look back, we will say faucet receivers in the past are very lucky but it is only partially true.
Lucky, yes it is because you are lucky whenever you get gift, airdrop, reward, etc. Unlucky, if you don't realize its hidden value and lose it later. I mean how many people who claimed Bitcoin faucets years ago or got rewards for losing their fights in-game as Bitcoin, are able to get access to those Bitcoin years later or nowadays?
Most of them lost private key and lose their Bitcoin. Estimate from experts reveals that it's about 4 million Bitcoin was probably lost
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Drnice
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2022, 05:56:37 PM |
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I have not really seen this particular type of post anywhere, but I have come across this kind of event that happened of this same nature. About the man who used 10,000 BTC to buy just 2 pizza, which marked the Bitcoin pizza day, which is always remembered. These are some hilarious events that happened which the actions are being referred and also remembered over the years and in years to come. This has made lots of the holders of Bitcoin to keep on holding strong to the available bitcoins at hand. This was a way through which made the existence of bitcoin whales to have so much, and still pushing the market to take out profits and fill more bags.
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Cookdata
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2022, 07:46:40 PM |
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This is another example of self-made rich people but you know what, if you check their wallet, those bitcoin will no longer remain in their wallet, they should have probably sold for a penny that doesn't worth it. If you look at the image, it's a giveaway contests with range category for different winners, they will definitely have sold for some a cup of beer. I have learnt from bitcoin to always remain some fractions on my wallet anytime I want to sell any demanded coins, who knows what tomorrow will tell, you would have something to be proud of when others are going to the moon.
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uneng
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2022, 11:23:30 PM |
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It is same as Bitcoin faucets which gave away many Bitcoin in the past. Now if we look back, we will say faucet receivers in the past are very lucky but it is only partially true.
In fact, it's nice to see these people were using bitcoin as currency back then already, including faucet owners. Undeniably they were responsible for presenting bitcoin to many others who weren't aware about the digital currency yet. Lucky, yes it is because you are lucky whenever you get gift, airdrop, reward, etc. Unlucky, if you don't realize its hidden value and lose it later. I mean how many people who claimed Bitcoin faucets years ago or got rewards for losing their fights in-game as Bitcoin, are able to get access to those Bitcoin years later or nowadays?
Most of them lost private key and lose their Bitcoin. Estimate from experts reveals that it's about 4 million Bitcoin was probably lost
Everyone who had some kind of contact with bitcoin ten years ago or so was really lucky. However, if they chose to not enjoy the opportunity, it was their own mistake to throw away all the luck (or gift) they were granted, what doesn't mean they weren't lucky anyway. Unfortunatelly many wallets and bitcoins are lost, but it's never too late to start again, especially because the lost coins make it probable for bitcoin to rise even more in value futurely, as the supply is more restricted than expected when bitcoin was recently created.
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dothebeats
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January 14, 2022, 11:41:49 PM |
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It would be the perfect anime ending if one of those who took the consolation prize managed to keep the coins and come out ahead. However it would be highly improbable for that to happen given how long it has been since the event. Back then, only a handful of people knew about bitcoin for sure, and those who received it might have sold it almost immediately since it's practically valueless by that time. But at the least, we saw how these tournament organizers tried to present bitcoin to those who attended that event, and for sure have stimulated the curiosity of the players there.
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Mahanton
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January 14, 2022, 11:46:47 PM |
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This picture shows well the era when bitcoin was not taken seriously. Few understood the potential of this asset at all. As a result, at current prices, the winner received 2 000 times less than the loser. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) No one had really believed out that much when Bitcoin was just new and starting up and for those losers who do still able to get hold of those coins and didnt sell out then they are millionaires now Considering on the current price of btc as of this writing which is 43k per coin then its valued a million dollars but its unlikely that these fellas had able to hold and neither they had sold them when it do still have value which i couldnt blame off since no one could predict out on what would happen in the future but if someone had high hopes of these coins then it did really pay off worth.
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rdbase
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January 14, 2022, 11:53:12 PM |
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This sort of post reminds me of the days of some individuals who were doing the faucets every hour and getting several bitcoins for it. To think that was only ten years ago just goes to show how far satoshi's project has gone. But then again those gamers probably traded them for an ingame item or worst, forgot where they put them.
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Rruchi man
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January 15, 2022, 12:21:15 AM |
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Reading OP, this is one of the very rare situations where i would really want to be a loser, lol. I can imagine that even the so called losers then, those who got the btc did not see any value in it because of the popular opinion that they lost. The state of regret that they will find themselves if they somehow unfortunately did not keep access to the where the bitcoin was, will be unimaginable, it will be a life lesson, a story on how to be happy with, and see value in your prize.
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