Do you Have Any Bitcoin Stories from a Decade Ago?

[alastantiger]

While one person paid 10,000 bitcoins (BTC) for two Papa John's pizzas another was paid 32 bitcoins to dress up in a crazy outfit and hold a sign that reads, "STOP THE FED! USE @BITCOINS!!!"

What's remarkable is that even after a decade, the core message remains unchanged. I've come across interviews featuring Jeremy Sturdivant, the initial individual in the narrative, and it's evident how much he regrets his actions. However, I haven't come across any interviews featuring the second individual yet - I don't know his name. I'm interested to know what he decided to do with the bitcoins. Does he still possess them? When the story was published on the website, his bitcoin wallet was linked to the article, allowing anyone to offer him tips, and indeed, someone tipped him with one bitcoin.

It feels refreshing reading stories from the past. This actually instills hope.  Is there any other story you have heard about bitcoin from the past? Share with us.

- https://web.archive.org/web/20110305092351/http://www.bitcoinblogger.com:80/2011/01/power-of-bitcoins.html?showComment=1294362939071

- https://finance.yahoo.com/news/celebrating-bitcoin-pizza-day-time-163536216.html#:~:text=Happy%20Bitcoin%20Pizza%20Day.,as%20the%20medium%20of%20exchange.

[Ever-young]

I never knew there was stories like this until now... Bitcoin was really worth less back then for people to willingly be giving out huge amount over things that's worth less. Imagine 10,000 Bitcoin which is worth a billion dollars plus just for holding a paper saying "Stop the fudz". If the person in questions is the kind of person who is determined to hold, and they hold that amount till the first bull run they will probably be out of poverty in the rest of their life. But I doubt if he's still holding it till when Bitcoin price was worth a fortune and then becomes famous. If not he could have probably been had of somewhere in the news.

[retreat]

I saw something interesting from this bitcoinblogger.com author. He seems to be able to predict the future and is very confident that Bitcoin will rise and become a digital currency that can rival The FED. His posts are also quite interesting to read, because he truly believes that Bitcoin will be popular in the future and there will be many people using it in the future.
I wonder where he was after his last post. Is he still holding on? or is he currently enjoying the results of his initial investment? but wherever he is, what he writes and his views on Bitcoin can be a motivation in the future for us to continue to believe in Bitcoin.

[Upgrade00]

It gets to a point where we should get over the fact that Bitcoin was worth a lot less than it is now in the past and people used it for things that was equivalent to its worth at the time but seems ridiculous to us now with how much it has increased over the years.

If the person in questions is the kind of person who is determined to hold, and they hold that amount till the first bull run they will probably be out of poverty in the rest of their life.

If they are determined to hold them they would have easily bought some cause it was easy to purchase or mined some back then and held it till the bull run.

[UchihaSarada]

I saw something interesting from this bitcoinblogger.com author. He seems to be able to predict the future and is very confident that Bitcoin will rise and become a digital currency that can rival The FED.

He just followed Satoshi Nakamoto because since a first day of Bitcoin blockchain, Satoshi Nakamoto already marked a message in its Genesis block

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks[1]

His posts are also quite interesting to read, because he truly believes that Bitcoin will be popular in the future and there will be many people using it in the future.

He would think he can win or lose with his bet but it's not easy to hold bitcoin after those years and don't lose any coins by losing private keys, don't sell at lower price than all time high in 2021.

I wonder where he was after his last post. Is he still holding on? or is he currently enjoying the results of his initial investment?

Maybe he lost all his bitcoin by selling very cheap or just enjoying his life at beaches because he is rich now.

[Faisal2202]

It feels refreshing reading stories from the past. This actually instills hope.  Is there any other story you have heard about Bitcoin from the past? Share with us.

I came to know about cryptocurrency back in 2018 so it's just been 4.5+ years now. Personally, I have no story of mine or any of my relatives about Bitcoin. This really shocked me because some of my family members do have knowledge of the IT sector and one of my cousins was a software developer back in 2010.

I still think why any of them gave any interest in BTC. Well, one of the reasons was less access to the internet and overall, fewer sources for information about all the processes about the industry (crypto).

Coming back to the story, I recently read a topic on this platform in which the op shared his thoughts on how the whale took the high risk to become a BTC whale.  (Bitcoin whales took high risks, while studying price movement in the past). If you wanted to read some more stories then i prefer you to read (The most iconic bitcointalk threads. History on Bitcointalk) this thread because it consist of many iconic histories of BTC.

You will find more interesting topic in here.

• 161 History of Bitcoin 2007-2014
• The Bitcoin Origins - Explore Bitcoin History and Secret

[Aanuoluwatofunmi]

While one person paid 10,000 bitcoins (BTC) for two Papa John's pizzas another was paid 32 bitcoins to dress up in a crazy outfit and hold a sign that reads, "STOP THE FED! USE @BITCOINS!!!"

 Is there any other story you have heard about bitcoin from the past? Share with us.

I think the most common historical of them all is the story behind the bitcoin pizza, i don't think it can ever be forgotten in history because it's the most touching of them all if there are still more other stories i may bot get used to, we can also have some personal experience to give from those who are early birds in bitcoin adoption back then in 2010 and beyond, the most interesting of this all is that the history can still repeated itself, when we also invested today and hodl for a decade to come, which will be obviously about 2 more halving, what has happened before can still make a reoccurrence because we don't know how far bitcoin would have worth by then, maybe $500,000 in a decade to come.

[coupable]

I do not know if I can be considered one of the first enthusiasts of Bitcoin, since I have known it since 2014, and since that time I have been supporting it. I did not have funny stories when dealing with crypto in general, except that the price always went up a lot immediately after I sold my bitcoin savings. 
But I remember that I was surprised that some of my friends knew about Bitcoin before me, including those who used it, but they did not continue their support for it, nor did they share this new knowledge with anyone. Some of them regretted that and admitted that they did not imagine that the situation would reach the way it is today.

[Ultegra134]

I do not know if I can be considered one of the first enthusiasts of Bitcoin, since I have known it since 2014, and since that time I have been supporting it. I did not have funny stories when dealing with crypto in general, except that the price always went up a lot immediately after I sold my bitcoin savings.  
But I remember that I was surprised that some of my friends knew about Bitcoin before me, including those who used it, but they did not continue their support for it, nor did they share this new knowledge with anyone. Some of them regretted that and admitted that they did not imagine that the situation would reach the way it is today.

So do I. I've been here since 2014 and had very limited to zero knowledge regarding cryptocurrencies; my only exposure was through faucets, from which I acquired my first Bitcoin. Some of which were in my possession until a few years ago, when they were sold during COVID-19 quarantine and repurposed to be used for staking purposes, which was extremely popular and profitable during that period. I'm not sure if I regret repurposing that money because Bitcoin skyrocketed a few months later, but generally, I find it almost impossible to hold for such extended periods; eventually, you'll be tempted to sell.

The ideal would be to have bought Bitcoin in 2014. The amount of BTC I had in my possession was too small to make a huge difference now, so holding it until now wouldn't matter too much.

[BIT-BENDER]

Well one of the story is about an individual who sold his Bitcoin of 10k to someone for a pizza, he is the loser here, he has accepted it going by his attitude during some of the Interview he has had.

While the other story is about some one who at a long time ago believed in Bitcoin or surrounded by people who believed in Bitcoin and chances are he owns a good number of Bitcoin, and if he still does I would understand for him to remain anonymous he won't want to entertain any unnecessary familiarity by granting interview request.

[Cantsay]

While one person paid 10,000 bitcoins (BTC) for two Papa John's pizzas another was paid 32 bitcoins to dress up in a crazy outfit and hold a sign that reads, "STOP THE FED! USE @BITCOINS!!!"

I'm not sure if I've ever heard the other guy's story before and we all know about lazlos Bitcoin - Pizza exchange here in Bitcoin.

I have read several stories about Bitcoin and people how they got into Bitcoin at he early days, bought some and forgot about it or bough some Bitcoin and lost access to their private key and after some years they found the key in an unexpected place. While some heard about Bitcoin but turned a deaf ear to it and after the price of Bitcoin skyrocketed they all started to regret their decision and hope that same opportunity present itself to them someday.

Those are the only type of story I have read about and it's still popular among bitcointalkers, especially the aspect of not buying earlier than we did.

[Cricktor]

<snip>

Why do you think the guy is a looser, who gave Bitcoin a value back in times when it still didn't have some "official" value. AFAIR the guy who offered 10k BTC for two pizzas had a lot more of Bitcoins because IIRC he programmed one of the first GPU miners (not exactly sure about that). For him it was a fair price for what he ordered. He had the balls to give Bitcoin a first value and challenge a trade.

Yes, we tend to look at it from today's perspective with current rates, but this is kind of stupid as it doesn't have anything to do with the reality back then when some bitcoin-rich guy craved for two pizzas. Totally bonkers to calculate how many hundred millions in fiat the price for two pizzas is today that was paid when Bitcoin had not yet a price.

[bittraffic]

<snip>

Why do you think the guy is a looser, who gave Bitcoin a value back in times when it still didn't have some "official" value. AFAIR the guy who offered 10k BTC for two pizzas had a lot more of Bitcoins because IIRC he programmed one of the first GPU miners (not exactly sure about that). For him it was a fair price for what he ordered. He had the balls to give Bitcoin a first value and challenge a trade.

Yes, we tend to look at it from today's perspective with current rates, but this is kind of stupid as it doesn't have anything to do with the reality back then when some bitcoin-rich guy craved for two pizzas. Totally bonkers to calculate how many hundred millions in fiat the price for two pizzas is today that was paid when Bitcoin had not yet a price.

It's just a Bitcoin story from a decade ago. It's something that those rich Bitcoin holders get to look back at. Not sure if they would regret it because they probably have more than 10K BTC as well.

One story that is funny in a way was the StarCraft gaming tournament that took place a decade ago also and the prizes to win are:

1st place: $500
2nd place: $250
3rd place: 150
4th: 100
5th:   25BTC

I know it will not happen anymore but if they organize a tournament again, participants might likely want BTC for the champ.




 

[Hatchy]

1st place: $500
2nd place: $250
3rd place: 150
4th: 100
5th:   25BTC

I know it will not happen anymore but if they organize a tournament again, participants might likely want BTC for the champ.

Lol,   if this were to happen now, I would probably make sure I hit the 5th position, like who gives a Dem about 500$ for 1st position.

Well this really shows how people devalued Bitcoin back then and saw no future for it. Imagine the person who got the 5th position, must have hated him self. He probably would have sold the 25 btc or rather gave it out to someone as free gift.

[Eternad]

I believe the Story of Taihuttu Family is most iconic story for me because this happened when I'm new in the Bitcointalk forum and many believe that time that he is crazy because he sold everything for Bitcoin and let his family live on a very simple environment. Their sacrifice that time is already worth it now since they do that crazy investment gamble when Bitcoin is 900$. I think they are so rich now since they still hold their asset the last time they made interview last 2021.

Source: https://www.thenationalnews.com/business/money/2021/08/17/this-family-sold-everything-they-owned-to-invest-in-bitcoin-when-it-was-900/

[bittraffic]

I believe the Story of Taihuttu Family is most iconic story for me because this happened when I'm new in the Bitcointalk forum and many believe that time that he is crazy because he sold everything for Bitcoin and let his family live on a very simple environment. Their sacrifice that time is already worth it now since they do that crazy investment gamble when Bitcoin is 900$. I think they are so rich now since they still hold their asset the last time they made interview last 2021.

Source: https://www.thenationalnews.com/business/money/2021/08/17/this-family-sold-everything-they-owned-to-invest-in-bitcoin-when-it-was-900/

Also remember the story I'm already here when the news about them came out. I think he knew exactly what he is doing and most probably he trusted someone who he took advice from. Getting all in BTC though is very risky but they did it and live in a bus after it. Not sure how things are after every bear market, I only hear some news about the family every bull run.

Hope they stay safe all the time. They are popular and if someone with intentions to rob them, it could be impossible to be vigilant all the time. 

[bitzizzix]

1st place: $500
2nd place: $250
3rd place: 150
4th: 100
5th:   25BTC

I know it will not happen anymore but if they organize a tournament again, participants might likely want BTC for the champ.

Lol,   if this were to happen now, I would probably make sure I hit the 5th position, like who gives a Dem about 500$ for 1st position.

Well this really shows how people devalued Bitcoin back then and saw no future for it. Imagine the person who got the 5th position, must have hated him self. He probably would have sold the 25 btc or rather gave it out to someone as free gift.

Because back then it was very easy to earn more than 1 BTC and no one probably thought that the bitcoin price would go up, and as we all know the bitcoin price has been steadily increasing for the last decade.
and of course those who had a lot of bitcoins at that time felt very devastated when they saw the current bitcoin price or after reaching the highest ATH yesterday, but that is all in the past and will be a lesson. And I'm very grateful because some of my friends brought me to this industry and this forum and many happy stories and also very valuable lessons that I got while knowing bitcoin and also this forum.

[livingfree]

I don't know much and even myself, it's the same regret of not buying on those earliest times not because I am not a believer but because of financial constraints.

Maybe even if I am able during tha time, I'd still won't buy because I am not a risk taker and won't get into it because people and investors during those times weren't that much.

It's nostalgic to see stories like this and I am sure everybody heard of the guy that has dumped his hard drive and is still looking on it on the dumpsite because that hdd of his contains his bitcoins that was acquired earlier.

[coolcoinz]

I have a story to tell you, even more than one. I know a guy who was mining bitcoin in 2012. He was an IT guy who managed the server room in the company that I worked for. He'd sneaked a whole PC into the server room and connected it to the outlet there and he'd leave it there running 24/7. One time I went there and thought he was doing some diagnostics on that PC and asked him why doesn't he use his business PC to do that and he had a story that he has a lot of his own licensed software there that he uses to build websites and stuff and his soft is better than the one the company has licenses for. A year later he finally told some other employee that he was mining bitcoin and it was all just a story. They never fired him for it or anything like that but he never made a lot of money either because he was selling these coins every year. He eventually had 0 bitcoins by the end of 2013 when it went to 1k.

So, he in a way knew what to do, was given huge opportunity and wasted it. He did not recognize the true value in bitcoin until it was too late.

[yhiaali3]

Perhaps you can add to these stories the story of the British young man named James Howells, who was storing Bitcoin on a hard disk, then forgot about it and threw it in the trash.

This guy accidentally dumped about 8000 bitcoins in mid-2013, worth about 225$ million today. After that, the price of Bitcoin rose, and he searched through tons of garbage, but unfortunately, he found nothing. Although he did put together an $11 million plan to get it back.

https://www.businessinsider.com/james-howells-threw-away-bitcoin-dump-masterplan-get-back-2022-7