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January 15, 2022, 04:13:35 PM
Merited by Welsh (4), vapourminer (3), Symmetrick (1)
 #21

I did some digging and it seems that out of the four players that were supposed to receive a consolation prize of 25BTC each [worth $41.75 at the time], one of them [Szikszai "Sziky" Miklós] didn't take it [source - not sure for the other three]!

  • Judging by the content of "this thread", I believe "BTCsportsbet.com [archived]" was responsible for those BTCitcoins.

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January 15, 2022, 04:28:38 PM
 #22

bitcoin makes losers a winner, because with the presence of bitcoin we have the courage to look to the future, even though bitcoin can't give us wealth but at least bitcoin has given us comfort and prosperity, especially for myself personally, don't be tired to fight, don't give up when pressure comes.
We can be losers if we sell bitcoin too early but if you can hold for some time and only sell it at a high price, we will be the winners. Bitcoin depends on how we can use it with right and that is why without having proper knowledge, we will not be able to use bitcoin with the right. So it will be up to you what you will choose but I am sure that you want to become the winner by using bitcoin and selling it at a high price.

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January 15, 2022, 04:57:42 PM
 #23

What a consolation price. Lol  i hope those who received the consolation didn't spend his bitcoin and he  preferred to hold because he is surely a big winner right now. Just imagine the value 25 bitcoin on this current situation.  Grin it will be a very very late celebration for a consolation price even though it tooks how many years. Lmao
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January 15, 2022, 05:56:41 PM
 #24

lol of course if this happens then I think now they will get a very big profit while still keeping it Cheesy
This is insane, and it's a testament to the fact that sometimes something that isn't considered will shine at the right time and bitcoin actually does.
I was not in their initial adoption but I seem to understand how they feel at the moment by wasting their bitcoins then Grin

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January 15, 2022, 06:26:21 PM
 #25

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.



This is one of those pictures that is an indication about the primal history of BTC and its price on the market. Since everyone is somehow informed on how its price skyrocketed, most of the investors follow such example by HODLing most of their investments and waiting for the next fork to happen in order to maximize profits.

It is just so funny to witness that almost 98% of the whole population did not know that BTC even existed during that time, and the remaining 2% of the people who did know about its existence, mostly sold/liquidated their coins. I wonder on how many people during that era were able to HODl at least most of their coins until now.

R


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January 15, 2022, 06:30:35 PM
 #26

I couldn't stop laughing  Grin Grin Grin
It started like play, but it's now the head.
Assuming, the star winner wanted to buy bitcoin with $500. I am sure he would have gotten more than 100btc then. But he wouldn't have risked it. At every point in time btc is measured by its value in fiat.

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January 15, 2022, 06:44:15 PM
Merited by The Sceptical Chymist (2)
 #27

bitcoin makes losers a winner, because with the presence of bitcoin we have the courage to look to the future, even though bitcoin can't give us wealth but at least bitcoin has given us comfort and prosperity, especially for myself personally, don't be tired to fight, don't give up when pressure comes.
Yeah, and Bitcoin isn't supposed to just give one quick and automatic wealth, I mean it's not just a get rich quick scheme, it's a network that offers its users the opportunity of being their own bank, and that is what I consider to be one of the best benefits of being in the Bitcoin network, though there are a whole lot of them. Personally I believe we haven't even started harnessing all the benefits of being in the Bitcoin network, as the network continually develops and grows to mass adoption then would more people appreciate the Bitcoin network and want to join in; finally, I've not had any cause to regret being a Bitcoiner, and I think there will be more reasons to celebrate going forward.

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January 15, 2022, 06:57:32 PM
 #28

Not surprising if you compare it with the Bitcoin Pizza. It's a matter of time. During that time announced prize Bitcoin was underestimated. Because that time people can't think Bitcoin will be in its current position. It's like we can't imagine now what will be the price of Bitcoin after ten years from now. We are selling Bitcoin for $43K right now. Perhaps the next generation will laugh at us after ten years. It's hard to predict what will happen. However, the example is good to take a lesson.

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January 15, 2022, 09:50:58 PM
 #29

Not surprising if you compare it with the Bitcoin Pizza. It's a matter of time. During that time announced prize Bitcoin was underestimated. Because that time people can't think Bitcoin will be in its current position. It's like we can't imagine now what will be the price of Bitcoin after ten years from now. We are selling Bitcoin for $43K right now. Perhaps the next generation will laugh at us after ten years. It's hard to predict what will happen. However, the example is good to take a lesson.
Lesson on which you couldnt able to reach it out if you do focus on investing with bitcoin since you couldnt able to achieve 100-1000x more in price as of todays value thats why people would opt in on

dealing with altcoins since they do have the idea about potential on earning big amounts on a specific period of time.No one couldnt really tell on what the future looks like thats why it cant really be

avoided that you would be selling things directly or on point just to benefit out on that particular time and without minding on saving those because they dont really have much
value into those times.

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January 15, 2022, 10:00:02 PM
 #30

I did some digging and it seems that out of the four players that were supposed to receive a consolation prize of 25BTC each [worth $41.75 at the time], one of them [Szikszai "Sziky" Miklós] didn't take it [source - not sure for the other three]!

  • Judging by the content of "this thread", I believe "BTCsportsbet.com [archived]" was responsible for those BTCitcoins.
^ This is what I am thinking and for sure at that time BTC price was too cheap at that time and belongs to consultation prizes.
It is the same on the pizza man who bought pizza using his BTC and now this scenario sound very when we know BTC price was very expensive today.
But this is new to me, I saw the different story of a recall of the BTC amount, and even us, try to look out our old wallet and find those transactions on BTC, I supposedly have 2 BTC if I did not spend all collected amounts, but it was not, I spend them all.
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January 16, 2022, 01:47:09 AM
 #31

Thanks for sharing this impressive artifact, I can't stop laughing and the motivation to rise overtakes me just as my mind is sinking right now.

This made me realize, bitcoin doesn't make instant success, success in bitcoin is the accumulation of patience over the years.

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January 16, 2022, 02:54:52 AM
 #32

Thanks for sharing this impressive artifact, I can't stop laughing and the motivation to rise overtakes me just as my mind is sinking right now.

This made me realize, bitcoin doesn't make instant success, success in bitcoin is the accumulation of patience over the years.
This has been circulating on the Internet for awhile and it's a pretty impressive thing because who knew that bitcoin's going to be really valuable up to a point that a small amount can change someone's life, I just hope that the people who has received this bitcoin prize still has this in their possession during the ATH of the market.
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January 16, 2022, 02:59:58 AM
 #33

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.


Is there any chance that we can turn the time back? so we i can participate in that event and will intentionally lose the chance in getting
the 1st-4th so i can take 25 bitcoin as a "Lowest Prize"?

it sounds funny surely back those days because 10 years ago bitcoin does not even valuing that 25 bitcoin to 100 dollars and yes Insane time.

We can only wish seeing this post that If we could only turn back the time? for sure we will multiple times .

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January 16, 2022, 04:44:56 AM
 #34

Well, the value at the time was almost nothing.

What make those bitcoins valuable is taking care of them for a decade, without losing them and without selling them.

I reckon none of the 4 winners of those 25 bitcoins still have them today.

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davis196
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January 16, 2022, 06:35:26 AM
 #35

Who the hell would write Bitcoin with a big C,like BitCoin?
Is this the way people were writing the word Bitcoin back 2009-2011? Grin
I can't imagine offering Bitcoin as a prize back in 2011.The guys,who won BTC would have been pissed off by the fact that they have to create Bitcoin wallets,deal with BTC addresses and having to find a way to sell the BTC for fiat money.This is hilarious.
Is this screenshot even real?Screenshots can be faked by using inspect element.
Who the hell is keeping screenshots from Starcraft tournaments,which happened 10 years ago?
This is most likely a joke and Bitcoin was never offered as a prize in such tournaments.

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January 16, 2022, 07:01:13 AM
 #36

No one would put the same price like that again with bitcoins but with altcoins is still possible and that would be a great innovation if they make a tournament like that again. What a wonderful experience when you thought you got a stone with no price today but turned out to be the expensive currencies you could ever have in the future. Right now the best price would be NFT items that have some legit developers and you get it for free by participating in their giveaways or promotions and you keep holding it until the price will spike in the future.

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January 16, 2022, 07:07:46 PM
Merited by SFR10 (1)
 #37

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.
Yeah, most people that were earning that amount probably didn't realise how much potential Bitcoin had. Especially, when in align with the OPs post were rewarded it, but wasn't actively pursuing it.

Its good to see these days we're seeing more, and more people understand the true worth of Bitcoin, and that's not correlated with the current price of Bitcoin at all.

I did some digging and it seems that out of the four players that were supposed to receive a consolation prize of 25BTC each [worth $41.75 at the time], one of them [Szikszai "Sziky" Miklós] didn't take it [source - not sure for the other three]!
Makes sense actually; back then if you didn't know or care about Bitcoin you probably wasn't going to create a wallet just to receive a bunch of internet money. I expect the other three if they wasn't involved in Bitcoin prior to entering the competition, they probably didn't take up the reward either.
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January 16, 2022, 07:18:38 PM
Merited by The Sceptical Chymist (3), skarais (1)
 #38

I wish I could travel to the past so I could change my life forever.  Smiley
You could've your wish granted but you won't be allowed to rejoin us on planet earth. How about that 😏.


A friend told me three years ago how he sold his six Bitcoin in 2014 or so. At that time I wasn't even aware of anything called Bitcoin. I looked at him like an alien and wondered why he didn't even discuss the Bitcoin stuff with me. Truth be told, I'm sure if he had told me then I wouldn't have taken it serious as I'm always hard to convince. Again, even if I had bought any Bitcoin then I'm sure I would've sold long ago. It's the same way that person who was gifted 25btc for coming last wouldn't have made anything substantial from that. They would've sold at a pitiable price and taken the profit in what would look like a giveaway in today's calculation.

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Ultegra134
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January 16, 2022, 09:14:03 PM
 #39

I wish I could travel to the past so I could change my life forever.  Smiley
You could've your wish granted but you won't be allowed to rejoin us on planet earth. How about that 😏.


A friend told me three years ago how he sold his six Bitcoin in 2014 or so. At that time I wasn't even aware of anything called Bitcoin. I looked at him like an alien and wondered why he didn't even discuss the Bitcoin stuff with me. Truth be told, I'm sure if he had told me then I wouldn't have taken it serious as I'm always hard to convince. Again, even if I had bought any Bitcoin then I'm sure I would've sold long ago. It's the same way that person who was gifted 25btc for coming last wouldn't have made anything substantial from that. They would've sold at a pitiable price and taken the profit in what would look like a giveaway in today's calculation.
You couldn't have guessed, neither could we. Regarding OP's post, it's funny that people were practically mocking Bitcoin back then, even a few years later, the last position's reward would be worth over $1.000. However, I highly doubt that these Bitcoin winners actually put them in good use, there are either lost in the blockchain forever, or sold for pennies.

R


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January 16, 2022, 09:20:16 PM
 #40

I wish I could travel to the past so I could change my life forever.  Smiley
You could've your wish granted but you won't be allowed to rejoin us on planet earth. How about that 😏.


A friend told me three years ago how he sold his six Bitcoin in 2014 or so. At that time I wasn't even aware of anything called Bitcoin. I looked at him like an alien and wondered why he didn't even discuss the Bitcoin stuff with me. Truth be told, I'm sure if he had told me then I wouldn't have taken it serious as I'm always hard to convince. Again, even if I had bought any Bitcoin then I'm sure I would've sold long ago. It's the same way that person who was gifted 25btc for coming last wouldn't have made anything substantial from that. They would've sold at a pitiable price and taken the profit in what would look like a giveaway in today's calculation.
You couldn't have guessed, neither could we. Regarding OP's post, it's funny that people were practically mocking Bitcoin back then, even a few years later, the last position's reward would be worth over $1.000. However, I highly doubt that these Bitcoin winners actually put them in good use, there are either lost in the blockchain forever, or sold for pennies.
Sold for pennies for sure yet that last prize is just too small compared to higher spot which is common sense and they would really be converting those coins directly and im pretty sure
that those fellas are really having regrets specially if they had remembered out that they had won something like that in the past or they would just completely play dumb that it
didnt happen for them not to stress out themselves on selling which is something that might had able to make them millionaire as of today.


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