Bitcoin birthday reminder: You could have been a millionaire using this tool

[krishnaverma]

Or you could have downloaded Core and ran the miner...

Point is, even if you had 1000 BTC, would you have kept it 10+ years? Or would you have sold when it hit $1, $10, $100, $1000...?

Yes, the ability to hold even when it rose 10x, 100x or more is something few had. They were the true believers in this technology and they got rightfully rewarded for this.

[ethereumhunter]

If I had known that earlier, I would have spent all of my time accumulating tons of bitcoins and holding them to this day. But unfortunately, I didn't know about it at all and after bitcoin started going up to $200-$300, I just found out about bitcoin. One of my regrets in the past was that I didn't find out more about bitcoin, but I guess there hasn't been much more information about it than now.

But that's in the past and I still have an opportunity today to collect bitcoins, even if the returns won't be as big as they used to be. Especially now, faucets can no longer provide big rewards like a few years ago. But we can still look for other ways to get bitcoins.

[krishnaverma]

If I had known that earlier, I would have spent all of my time accumulating tons of bitcoins and holding them to this day. But unfortunately, I didn't know about it at all and after bitcoin started going up to $200-$300, I just found out about bitcoin. One of my regrets in the past was that I didn't find out more about bitcoin, but I guess there hasn't been much more information about it than now.

I do not think that it is end of the day. There are still new opportunities waiting for us. Even bitcoin has lot of potential for future.

[Russlenat]

In 2010, I was too young to engage in earning money or to understand how financial operations work. But among those who managed to learn about Bitcoin so early and tried the faucets, I'm sure the majority would lose what they got or sell whenever it costs anything significant (say, at $50 per coin). So it's all very hypothetical. Overall, I agree with Rikafip that it doesn't matter. I think we should focus on reality and on how to behave going forward.

Gone are the days where earning from faucets are profitable. Or if they have earned a decade ago, they might have at least lose today because bitcoin’s value has seen more dropping than seeing it surging high and reach an all time high, that will cause them panic and would end up deciding to sell their coins. However, if you want to be a millionaire, then you should focus on maximizing your bitcoin accumulation and only sell them when bitcoin price is already on its top of its ATH.

[Vaculin]

You had to solve old style captcha which would have taken like -10 seconds and 5 bitcoins were yours in return. If you did this once a day, you could have been a millionaire today.

This way of thinking is exactly why there are very few "millionaires" around. You are thinking of gaming a system (the faucet) that was not supposed to be used that way to earn peanuts! This is while there were (as there are today) lots of better ways to honestly earn a much larger amount of bitcoin. For example you could have turned your computer on and used your CPU to mine a single block to earn 50 bitcoins as the reward! Or even you could have spent $100 to buy 2000 bitcoins!

You cannot expect to end up a millionaire today by simply doing what is just working in the past and not anymore significant in the present. It’s like believing from a very impossible thing. But there might be millionaires today who are really earning from bitcoin and that they also have taken calculated risks, and not just by doing things that would not require to get out from their comfort zones.

[drwhobox]

Who thought that those bitcoins would turn into gold someday? Feels like I missed something very big not to know about Bitcoin then. I have heard a lot about these sites where bitcoin was used for the reward for a smaller task like captcha solving but never knew the amount.

By the way- What about that Gavin guy? Does he holds any bitcoins or spends all for rewarding his traffic? I am just curious.

Point is, even if you had 1000 BTC, would you have kept it 10+ years? Or would you have sold when it hit $1, $10, $100, $1000...?

As a tenth grader at that time I would've sold them at 1$ for 1000$  . Damn, I don't have to blame myself for selling my bitcoins at 1$, that's a relief.

[_BlackStar]

Living rich and affluent is not really my goal these days with bitcoin, ^{[although it is possible]} but I am definitely getting the benefit. In the 14 years since it was introduced by Satoshi bitcoin has grown and is used by quite a lot of people around the world. 770,539 blocks have been mined, and the number of circulation 19,253,340 bitcoin at 324.532 billionUSD. Yes it is one of the greatest currencies in its history, and we truly hope that everyone will benefit from it regardless of whether they get rich or live simply.

$100 might buy 2000 bitcoin in the early years, but I don't know of any other way than mining in those days. I'm new to bitcoin in the last few years so obviously there's a lot of information I've been missing. Let's think about the future, how much can we make $100 of bitcoin today in the first 20 years of bitcoin.

[Finestream]

Today is bitcoin's 14th birthday. So here is a reminder for you. In 2010, Gavin created a Bitcoin faucet that gave users bitcoin for solving captcha. You had to solve old style captcha which would have taken like -10 seconds and 5 bitcoins were yours in return. If you did this once a day, you could have been a millionaire today.

Here is what the website looked like in past

https://web.archive.org/web/20100703032414/http://freebitcoins.appspot.com/

Were you aware of this news ?

Even if awareness is there, but the fact that what matters now is your present potentials and capacity, then considering the past is not relevant anymore. What is more important these days especially that we are having a bearish market is that we were able to to maximize bitcoin accumulation and trade them when they are already highly profitable. Faucets are not profitable anymore, just like how they used to be in the past.

[Jensen Guttenberg]

It is always difficult to look back on missed opportunities, but it is important to remember that we can not change the past and can only move forward

Perhaps this experience can serve as a reminder for all of us about to stay vigilant and seize opportunities as they present themselves in the future 

[ethereumhunter]

If I had known that earlier, I would have spent all of my time accumulating tons of bitcoins and holding them to this day. But unfortunately, I didn't know about it at all and after bitcoin started going up to $200-$300, I just found out about bitcoin. One of my regrets in the past was that I didn't find out more about bitcoin, but I guess there hasn't been much more information about it than now.

I do not think that it is end of the day. There are still new opportunities waiting for us. Even bitcoin has lot of potential for future.

Yes, you are right because, at this time, we should be grateful that we are still allowed to invest in bitcoin because this situation allows us to start buying bitcoin at the current price. And because of bitcoin's potential, we must be able to take advantage of the opportunities that exist before everything changes and we will find it difficult to buy bitcoins in the future. Many people are still buying bitcoin at the current price and if the price goes down again, they will be very happy to be able to buy more bitcoin.

[Sayeds56]

Today is bitcoin's 14th birthday. So here is a reminder for you. In 2010, Gavin created a Bitcoin faucet that gave users bitcoin for solving captcha. You had to solve old style captcha which would have taken like -10 seconds and 5 bitcoins were yours in return. If you did this once a day, you could have been a millionaire today.

Here is what the website looked like in past

https://web.archive.org/web/20100703032414/http://freebitcoins.appspot.com/

Were you aware of this news ?

It was a great event of history when Bitcoin was created & we must celebrate its birthday with family and friends because it created many millionaires who believed in this Block chain technology and invested in it at the right time. Unfortunately, this great opportunity to earn Bitcoin by simply solving captcha was missed, but we should not live bin past and look forward to avail current opportunity & accumulate Bitcoin which is available at very attractive price.