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Author Topic: 12 years of a Legendary post  (Read 404 times)
Little Mouse (OP)
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June 05, 2023, 02:35:56 PM
Merited by The Cryptovator (5), John Abraham (1)
 #1

Exactly at 12 years ago, on June 05, 2011- someone anonymous posted that even as small as 10 Bitcoins will make someone a very wealthy man. He was pretty much confident about this and pretty much sure about where Bitcoin will reach. Can you believe this? There were barely any people who would accept Bitcoin for anything. But the guy was able to forecast the future. Is there any information on who the guy was behind the post? We don't even know a username1. Back in the day, it was possible to post in the forum without registration, anyone could post as a guest.
I'm referring to this thread- I am pretty confident we are the new wealthy elite, gentlemen.

1- There's a quoted post of the OP which I'm quoting below. In that quote, we can see the OP had a username "Atlas". It's possible that the user asked admin to make the post author anonymous. Only admin has the access to do this. Or, maybe the man posted the quoted message has purposedly added the username on the quote.


The world just isn't going to be the same and we have been blessed as the pioneers.


I haven't been blessed. It was through my foresight that I saw bitcoin for how valuable it was. No man helped me along, and many discouraged me.

The original thread is in Bitcoin Discussion so I thought to post it here.

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June 05, 2023, 02:44:47 PM
 #2

People that understand the law of demand and supply with how bitcoin was in more than 10 years ago would have known this would happen and it happened. This has become the past, but can people that have just started to know about bitcoin still achieve this in the some years to come? I do not think so, I do not think bitcoin can make people rich as it was like before, but I believe that bitcoin can still go 50x or more in the next 10 years which is not small too.

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June 05, 2023, 02:52:24 PM
 #3

Is there any information on who the guy was behind the post? We don't even know a username1. Back in the day, it was possible to post in the forum without registration, anyone could post as a guest.

For the sake of the poster's personal safety(because he/she's guaranteed to be a multimillionaire by now assuming he/she didn't sold or get hacked), let's just say that we should be thankful there isn't much information about him.

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June 05, 2023, 03:13:02 PM
 #4

Yea it doesnt matter who it was but he/she had a long term vision for Bitcoin, I wonder
if they are still in Bitcoin what they thought of the ATH? they had a vision of $10,000!

I didnt go past the first page but its interesting to read those old comments and thoughts
from 12 years ago and the 3rd poster Garrett Burgwardt from that thread was on the forum today!

People that understand the law of demand and supply with how bitcoin was in more than 10 years ago would have known this would happen and it happened. This has become the past, but can people that have just started to know about bitcoin still achieve this in the some years to come? I do not think so, I do not think bitcoin can make people rich as it was like before, but I believe that bitcoin can still go 50x or more in the next 10 years which is not small too.

Absolutely, I suppose if anyone had a good understanding of Bitcoins deflationary
system they would surely have understood the supply v demand concept. I hope
those people are still Bitcoiners.




R


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June 05, 2023, 03:16:42 PM
 #5

A good prediction; most people might have believed the prediction back in that time, and anyone who ever took it very seriously will also be considered a big whale right now if they have not sold out their holdings; even if they do, they will be entirely wealthy, just as predicted.
I see it's not even today that people started protecting their privacy over their teaching and comments online; it's actually a safety precaution that everyone should adhere to in order to avoid less attention to themselves and questioning.

R


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June 05, 2023, 03:18:55 PM
 #6

For those of us on the forum today, I would qualify and say that many of us are not among the elite. And even many of those who have been on the forum for quite a few years, you only have to look at the lending section to see that they do not belong to any elite if they are asking for loans of hundreds of dollars in bitcoin. Or that still participate in signature campaigns.

Those who bought in the past and holded for a long time, or at least long enough, are indeed probably the new wealthy elite, but I would say that most of them don't show up much on the forum anymore. Either they don't come and enjoy their Lambos or their activity is reduced to a few sections, like the WO thread.

In the future, I don't think those who are just starting out or have been here for a short time will be part of an elite either, if they save in bitcoin in the order of 100 dollars a month. They will have a better future than if they don't, but they will not be part of an elite.

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June 05, 2023, 03:32:39 PM
 #7

Is there any information on who the guy was behind the post? We don't even know a username1. Back in the day, it was possible to post in the forum without registration, anyone could post as a guest.

For the sake of the poster's personal safety(because he/she's guaranteed to be a multimillionaire by now assuming he/she didn't sold or get hacked), let's just say that we should be thankful there isn't much information about him.
On the first page, in one of his posts, he's claiming to have approximately 100 Bitcoins, which is quite plausible if you take into account that in 2011, one coin cost a few dollars at most, while I'm assuming that he continued buying more and more coins. He was projecting that it would surpass $10,000 and go well beyond that. It's certainly unclear if he stuck around till Bitcoin exploded, but judging by how confident he sounded, he definitely made a huge deal of money.

Personally, I believe he's still on the forum; it's the largest cryptocurrency community after all, but operating on a new account (his thread was created as a guest) and simply hasn't mentioned anything in order to preserve his privacy.

R


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June 05, 2023, 03:34:14 PM
 #8

Ahh, look at those lines by the author. Nobody helped me and everyone just discouraged me, damn that hit me very hard. He was so true back in the time and nothing is changed so far. Even on the forum you have to keep it to next level to stay updated with all the info you need about the Bitcoin or basically anything related to it. Though there are many legends who are very motivating and has put lot of efforts to push every fellow members.

I just hope these legends and their posts would become best archives for the future generations to come and will make us feel motivated and proud just the way 12 years ago those guests made it that way. Let us be thankful to them for posting it. To the moon!
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June 05, 2023, 05:40:20 PM
 #9

Maybe he is someone from the future who came to this forum and wrote that Bitcoin will be very valuable in the future (now). And his guess is right that Bitcoin is now very expensive even though it is still in the bearish season and will be even higher when the bullish season arrives.

When other people don't have confidence in Bitcoin, it's as if that person knows that having 10 Bitcoins will make them rich. And it was true this year, even when Bitcoin finally hit its first $10k that many people couldn't believe it.

And this is what is happening with Bitcoin now. We are the lucky ones who have known Bitcoin for a long time and already have a Bitcoin deposit and are just waiting for the next bullish season to be able to make big profits.

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June 05, 2023, 06:53:33 PM
 #10

I do not think that we would be wrong to say that it's still true today. I am not saying lets all buy as much as we can and have 10 bitcoins, we can't all afford that, I certainly can't, I do not even have 1 bitcoin let alone 10, even 0.1 would be very tough for me at this point and can't get it, but I may "aim" at 0.1, that would literally be my goal.

On the other hand, I would highly suggest getting more and more bitcoin is still the right decision, if you could retire with 1 bitcoin, that would be enough to wealthy when you retire and that's why it's so important, I think people should be still buying up as many bitcoins as they can, or satoshis, based on how much money they have. It will stay a good idea until we die, it will be a good investment compared to all others.

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June 05, 2023, 07:14:49 PM
 #11

It's not news that Bitcoin was cheaper back in the day and it's also not news that there were users that trusted it when there was no historical value to go with and acquired a large amount of it to get them their dream life.

Would we see any such ROI in the coming ten or twenty years, most probably no. No asset increases exponentially, it gets to a point when it starts slowing down and stabilizing, we are very close the actual valuation of a single bitcoin.

It's great the poster is anonymous, privacy is very important and we would not want the wave of interview requests and attention that would follow his exposure.

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June 05, 2023, 07:53:15 PM
 #12

It is really amazing to see where we are now and where we were 12 years ago. Bitcoin has made a long journey, and it's still on its way. Those who had stood by the side of bitcoin at its lowest are the people who are enjoying the success of bitcoin now.
We still believe that Bitcoin has more to show to us. And this is what creates faith in people's mind about Bitcoin. What time can do to one thing, this is the perfect example. Bitcoin has aged like a fine wine. Nowadays, it still feels like we are still early to join bitcoin. Because it has more room to grow and in the future it will show us a lot more, that's for sure. Bitcoin is the no.1 right now and, mark my words, it will remain the no.1 in the future too.
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June 05, 2023, 08:19:39 PM
 #13

The prediction happened and who would have thought that bitcoin would be so worthless but this anonymous man is a great predictor because he knows the future of bitcoin is more valuable and now with 1 bitcoin is more expensive than what we imagined in the past.

I just found out that in the past the forum could post without registering but now the forum has gone through a lot of changes so it will be very difficult to find them again, but it will still be a good post as it is predicted that bitcoin will make us richer in the future.

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June 05, 2023, 08:36:47 PM
 #14

I went through the thread, and I just can't but imagine how lucky this guys were, I only hope they are still alive and enjoying their wealth in good health, I could remember vividly that by 2011, I was on the streets of Lagos hustling, I was already an internet user but how I did not come across bitcoin until 2015 is a mystery to me, and something I always feel some regret about anytime it crosses my mind, but things being the same, I don't have to be so hard on myself, knowing fully well that nothing happens by chance, once it is time for anybody to get rich, the universe will by itself position the person in a way he or she will find opportunities like this early enough.

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June 05, 2023, 08:54:30 PM
 #15

After reading the threads, I found them genuinely fascinating. The individual in question had foreseen the price reaching $10K in 2011, and it's truly remarkable how his prediction eventually came true several years later. I must admit, he was a legendary figure. It's quite impressive that he recognized the potential of Bitcoin when his post about expecting a $10K price seemed like a mere dream. I hope he was able to capitalize on his foresight and make a decent profit. Thank you for sharing this intriguing story with us.

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June 05, 2023, 10:20:17 PM
 #16

Maybe he is someone from the future who came to this forum and wrote that Bitcoin will be very valuable in the future (now). And his guess is right that Bitcoin is now very expensive even though it is still in the bearish season and will be even higher when the bullish season arrives.

As much as I wanted to think so, this is bull. There is no proven fact that man can time travel.  I can say all that was written about the success of Bitcoin in its early years are speculation.  We are bound to speculate and write positive things about the things we hope will happen.  It is not about getting an idea but rather hoping that the idea will happen.

When other people don't have confidence in Bitcoin, it's as if that person knows that having 10 Bitcoins will make them rich. And it was true this year, even when Bitcoin finally hit its first $10k that many people couldn't believe it.

And this is what is happening with Bitcoin now. We are the lucky ones who have known Bitcoin for a long time and already have a Bitcoin deposit and are just waiting for the next bullish season to be able to make big profits.

It is a plea of hope and wishes, lucky it happened.  I hope the person who wrote those lines hodls to see and experience the happening of what he stated.

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June 05, 2023, 10:49:20 PM
 #17

Impressive foresight, indeed. I have a feeling that individual possesses a remarkable technique for predicting the future based on the fundamentals of Bitcoin. They are at an early stage, back in 2011, when Bitcoin was a highly unfamiliar currency to the public.

Like an animated film such as The Simpsons, but with a more mysterious delivery, it holds a greater allure than straightforward communication. I myself am still curious, whether the person predicting Bitcoin is someone of immense significance like Elon Musk or perhaps even the original Satoshi Nakamoto. Nobody knows for sure, right? But the possibilities exist.
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June 05, 2023, 10:51:34 PM
 #18

The anonymous poster at the time predicted that 10 bitcoin would make someone extremely wealthy, which is comparable to today's claim that bitcoin will cost $1 million in years to come when considering its current price. Many people wouldn't accept it or be able to believe it.

What transpired at that time is the same way how we respond when someone forecasts that bitcoin would reach $1 million in a short period. The early adopters of bitcoin, in my opinion, wouldn't agree that someone could become wealthy with just 10 bitcoins. Many people won't believe it given the price of Bitcoin at the time.

I liked how the anonymous poster maintained his support for bitcoin despite being discouraged by many. For someone to continue to believe in something he doesn't know about its future takes a lot of conviction.

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June 05, 2023, 11:08:16 PM
 #19

After reading the threads, I found them genuinely fascinating. The individual in question had foreseen the price reaching $10K in 2011, and it's truly remarkable how his prediction eventually came true several years later. I must admit, he was a legendary figure. It's quite impressive that he recognized the potential of Bitcoin when his post about expecting a $10K price seemed like a mere dream. I hope he was able to capitalize on his foresight and make a decent profit. Thank you for sharing this intriguing story with us.
He simply believed. For sure many people have saw the potential of this technology but not all people had the courage to sit on that belief. There are many early investors who bought huge amount of Bitcoin before. Some have lost their wallets where they store it, and some used huge amount to trade on two boxes of pizza (if you know what I mean). The fact that they have invested means they already saw something from Bitcoin but they are just not patient enough to wait for years to see it for themselves. Same thing I guess with the present. People have the capacity yo invest, have saw how high its ATH but are still not investing.

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June 05, 2023, 11:24:17 PM
 #20

I didnt go past the first page but its interesting to read those old comments and thoughts
from 12 years ago and the 3rd poster Garrett Burgwardt from that thread was on the forum today!
It seems the user you mentioned above was still active until now, do you think still the same person behind that account, if that is so that's great.
I quickly check his profile it seems got a negative tag.

That's the problem face of those Bitcoin enthusiasts before, while the world remained blind to its possibilities, but for them IMO, they saw the potential for financial sovereignty, borderless transactions, and a decentralized economy.   Even though other people remained doubtful they stayed strong, fully confident in their own ability to see what others couldn't, that's the real Bitcoin enthusiast and impressive foresight.

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