menisandcoins (OP)
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September 29, 2023, 09:51:21 PM |
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How many people knew Bitcoin in 2009 and how much was it worth in 2009?
If someone bought Bitcoin in 2009, is that buyer rich now?
Bitcoin now stands at 26,893 and was it lower in 2009?
Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?
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albert0bsd
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September 29, 2023, 09:55:53 PM |
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why do you don't read the topic: Pizza for bitcoins?It is a good price no? 10000 BTC for two large pizza.
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bitmover
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September 29, 2023, 10:02:43 PM |
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How many people knew Bitcoin in 2009 and how much was it worth in 2009?
If someone bought Bitcoin in 2009, is that buyer rich now?
Bitcoin now stands at 26,893 and was it lower in 2009?
Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?
Nobody bought bitcoins in 2009 afaik. Bitcoin was not sold by that time It was basically mined, and traded for pizza. The earlier price I saw in coinmarketcap.com is about 6usd in 2011. https://coinmarketcap.com/currencies/bitcoin/Here it says that the price started climbing in 2010 from 0.0008 $. If you or anyone bought it by that time, that persons would have sold most of it already by now. And yes, many people become rich with bitcoin and there are plenty of stories here in the forum
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decodx
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September 29, 2023, 10:22:15 PM |
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How many people knew Bitcoin in 2009 and how much was it worth in 2009?
Use google and other search engines to learn more about the history of Bitcoin if you are interested in such things. You can even explore old posts on this forum dating back to that time. If someone bought Bitcoin in 2009, is that buyer rich now?
It depends on whether he sold his coins and when he did so. But from what I know, almost nobody was buying Bitcoin back then since it was easily mineable with just a computer. Bitcoin now stands at 26,893 and was it lower in 2009?
What do you think?
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Ever-young
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September 29, 2023, 10:47:16 PM |
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How many people knew Bitcoin in 2009 and how much was it worth in 2009?
If someone bought Bitcoin in 2009, is that buyer rich now?
Bitcoin now stands at 26,893 and was it lower in 2009?
Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?
There was no price attached to bitcoin back in the early days when it was first launched, it’s something that’s traceable or can be exchanged for service or goods that have value attached to it. So when it comes to any one who was opportune to have bitcoin from the 2009 either through mining it or as a reward for any form of service, if the person is still holding it till now and did not sell off when bitcoin first had value attached to it, then probably the person will be a very wealthy investor and can even be consider a whale right now because their holdings will be worth fortune.
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Mr.suevie
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September 29, 2023, 10:58:40 PM |
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How many people knew Bitcoin in 2009 and how much was it worth in 2009?
If someone bought Bitcoin in 2009, is that buyer rich now?
Bitcoin now stands at 26,893 and was it lower in 2009?
Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?
No one needs to tell something like this man, you are actually in the 21 century and everything is computerized so you are probably one search away to getting all that info you asked and I think there are also information elsewhere aside from the forum where you can tap in to that knowledge bro. But to clear it's a simple answer though because no one not even Satoshi nakamoto himself could have predicted that Bitcoin will fly so high in terms of the price when its actually first creation but thats the beauty of uncertainty.
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EFS
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September 29, 2023, 11:02:48 PM |
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In those years, nobody was buying Bitcoin because they could find blocks by mining for a few hours. At the time, Bitcoin had little monetary value and it was impossible to predict that it would reach the price it is today. Even the most ardent Bitcoin advocates and true believers sold their coins during price spikes. Aside from those who forgot their wallets, there are very, very few people who are constantly in the Bitcoin ecosystem who can wait until these prices without selling.
I made my first Bitcoin purchase in 2013, and yes, even though I believe in the future of Bitcoin, I haven't been able to hold on to it until now. This shouldn't be something to regret. Instead of living in the past, we should look to the future.
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Fara Chan
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September 29, 2023, 11:17:45 PM |
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If someone bought Bitcoin in 2009, is that buyer rich now?
Obviously very rich, especially when Bitcoin made an ATH in 2021 with its price exceeding $65K. And now you can see for yourself how the price is no longer even half of the ATH price that happened on Bitcoin, but the current price is also not a very bad thing because everyone can take advantage of this condition to have more Bitcoin before the next ATH occurs again on Bitcoin. You can see all the data here: https://coinmarketcap.com/currencies/bitcoin/historical-data/?end=20191130Bitcoin now stands at 26,893 and was it lower in 2009?
Actually, a question like this is not quite logical, but I can understand it because you are still a newbie. I very rarely find a higher price on something that is just born and that also happened with Bitcoin where Bitcoin at that time was still very cheap because it didn't have as many fans as it does now. So now you need to look at and read every history of Bitcoin so that you can ask better questions in the future, although questions like this are not wrong for you to ask here.
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menisandcoins (OP)
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September 30, 2023, 01:11:30 AM |
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In those years, nobody was buying Bitcoin because they could find blocks by mining for a few hours. At the time, Bitcoin had little monetary value and it was impossible to predict that it would reach the price it is today. Even the most ardent Bitcoin advocates and true believers sold their coins during price spikes. Aside from those who forgot their wallets, there are very, very few people who are constantly in the Bitcoin ecosystem who can wait until these prices without selling.
I made my first Bitcoin purchase in 2013, and yes, even though I believe in the future of Bitcoin, I haven't been able to hold on to it until now. This shouldn't be something to regret. Instead of living in the past, we should look to the future.
There is still a 4-year delay in buying Bitcoin, but why don't you keep your BTC and get rich because you sold it at the time. And now that you are hold with it, you will be a rich man with a happy life. If nothing else, we must not follow it anymore. Bitcoin makes you rich and rich, makes our lives happy.
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Mayor of ogba
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September 30, 2023, 01:46:34 AM |
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If someone bought Bitcoin in 2009, is that buyer rich now?
Op, at this time Bitcoin was not yet trading, but you could get it by mining it yourself. If anyone is still holding his/her Bitcoin from the year 2009 till date that person will be a rich soul by now because the Bitcoin price has grown from $0.0009 to $26k plus
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Sarah Azhari
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September 30, 2023, 03:17:52 AM |
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Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?
Not many people traded Bitcoin at that time, even trade, they did it privately without anyone know. And, I am really sure if any, he didn't tell it to here if bought it in 2010 and still saving it right now. Because humble people won't tell their treasury to the public, they won't tell how many bitcoins they have on the forum. That's why we can find many bitcoin mixers exist here because ordinary people use that for save their treasury privately without anyone know to track it.
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dzungmobile
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To learn about Bitcoin history, I recommend Bitcoin Prehistory. A longest historic price chart for Bitcoin is https://bitcoin.zorinaq.com/price/ since October 2009. On 2009-10-05 the market price of Bitcoin is first established at $0.000764/BTC by New Liberty Standard, the first Bitcoin exchange ($1.00 buys 1309.03 BTC.) The exchange rate history is available at two archived pages: first, second. Their last known exchange rate is $0.005472/BTC on 2010-03-02. On 2010-04-25 the market price is established again at $0.003/BTC, using the daily volume-weighted trading price of the second Bitcoin exchange, BitcoinMarket.com (PayPal USD trades). The owner, dwdollar, actually started operating it on 2010-03-17, however trading data for the first few weeks is—to my knowledge—not available. After 2010-07-18 the exchange rate is from the CoinDesk BPI v1 API ( https://api.coindesk.com/v1/bpi/historical/close.json?start=2010-07-18&end=2022-05-17). After 2022-05-18 the exchange rate is from the CoinDesk BPI v3 API ( https://www.coindesk.com/pf/api/v3/content/fetch/chart-api?query=...) because v1 has gaps in the data starting on that date.
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nakamura12
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September 30, 2023, 04:46:39 AM |
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You can say that the price of BTC at that time is very low. Try checking the history of Bitcoin where two pizza are bought using BTC. It's in early stage where Bitcoin is still mined before it is used by many people to this day. Why are you interested in knowing the price of BTC wt that time when there's nothing you can do about it and you will only know the price. You should focus more on today's price rather than before.
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Upgrade00
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September 30, 2023, 05:43:09 AM |
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It's about time we stop romanticising the past events and how much one would have made if they bought Bitcoin at that time and they are selling now or at the last all time high.
Rather than focusing on the now in Bitcoin and appreciating how far it has come, how much it has advanced and yet how much it has managed to stay the same in terms of the features it posseses and the fundamentals of it. This is very remarkable of itself and should be the focus onmf every current investor.
Do not look back to the last 14 years but look forward to the next 14 years, cause if you can't see that far ahead now, then you will not be able to have seen that far ahead in 2009.
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AprilioMP
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September 30, 2023, 07:20:15 AM |
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How many people knew Bitcoin in 2009 and how much was it worth in 2009?
I don't know how many people knew about Bitcoin in 2009. Life in 2009 and life in 2023 have changed in many aspects. If in 2023 70% know bitcoin and 30% don't know bitcoin, it could be that in 2009 the percentage will be the opposite. If someone bought Bitcoin in 2009, is that buyer rich now?
Depends. If the buyers who bought bitcoin in 2009 still haven't sold it — if they have, it's not certain they know the wallet's private key or seed phrase. Bitcoin now stands at 26,893 and was it lower in 2009?
The current price for me, who only knew Bitcoin when I was a baby, is more expensive than the price in 2009. Instead of being curious, use a search engine on the internet and find the price. Some have provided links to view prices. Make good use of it to find the answer.
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cryptoaddictchie
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September 30, 2023, 08:22:21 AM |
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If someone bought Bitcoin in 2009, is that buyer rich now?
Definitely yes. Many users have become rich since they bought bitcoin ar a very early price. I think cents only or couple of dollars. Imagine buying 10k units of bitcoin at that price and sold it during the bull run with price of $64k, a lot of money and those people arent gonna get poor never again. I knew some people who did and they are literally swimming on money and have a lot of investments and properties.
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Rikafip
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September 30, 2023, 08:58:07 AM |
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How many people knew Bitcoin in 2009 and how much was it worth in 2009? Very few people knew about it. If someone bought Bitcoin in 2009, is that buyer rich now? Only if he managed to hodl up until now, which I don't think many managed to do. What you have to understand is that people in those early days were able to mine hundreds if not thousands of bitcoins every day so when price reached couple of dollars, it made sense to sell. Bitcoin now stands at 26,893 and was it lower in 2009? What do you think? Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?
Unfortunately not. First time i heard about bitcoin was late 2013 and I thought I was too late so I focused on alts initially and only later I realised my mistake.
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September 30, 2023, 10:09:31 AM |
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Use google and other search engines to learn more about the history of Bitcoin if you are interested in such things. You can even explore old posts on this forum dating back to that time. ... Bitcoin now stands at 26,893 and was it lower in 2009?
What do you think? I understand that this is B&H but I do not predict a promising future in this forum for someone who asks such simple questions. Anyway, I don't want to sound too unwelcoming but I would recommend the OP to have more initiative to find out things, especially the basics. Then when he has more basic knowledge he can ask more questions and learn more on the forum. Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?
I found this question interesting and I think the summary is given by EFS. A lot of people got Bitcoin in the early years and are not billionaires. They just sold at peaks or had pressing needs for money, and when Bitcoin was trading at pennies, that getting to $1 seemed like an unattainable milestone, whereupon a lot of people sold when they got to that figure, and when it got to $10, and to $100. Those who took a longer view and were able to hold a good amount for a couple of cycles today are multi-millionaires but those are a few.
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sunsilk
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September 30, 2023, 12:57:35 PM |
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There is still a 4-year delay in buying Bitcoin, but why don't you keep your BTC and get rich because you sold it at the time. And now that you are hold with it, you will be a rich man with a happy life. If nothing else, we must not follow it anymore. Bitcoin makes you rich and rich, makes our lives happy.
It's easy to say that we should hold and sell at the right time but that's the challenge when we're holding and trying to look for the right time to sell. That's the goal of many investors and that's to become rich and we're all looking forward for that day to come that the Bitcoin we'll be selling is on an ATH price. And why some can't keep their BTCs? It's because of some events in our lives that we've got no choice but to sell. We can always buy back when the price goes down but if you'll check some older news, there have been whales as what we call them that are still up-to-date holding Bitcoins. I am not that someone who bought that early but I'm happy despite not being that much rich, maybe the next years would be my lucky years although I am not in a hurry and I want to take it slowly but surely.
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348Judah
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September 30, 2023, 01:11:39 PM Last edit: October 17, 2023, 09:30:37 PM by 348Judah |
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How many people knew Bitcoin in 2009 and how much was it worth in 2009?
If someone bought Bitcoin in 2009, is that buyer rich now? I will suggest two response for you louder in this kind of enquiry you're asking about, it's either you first go about to research on bitcoin history, and the bitcoin pizza, secondly, try to followup with the discussions on this thread and read on the links recommended concerning that. Bitcoin now stands at 26,893 and was it lower in 2009?
Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?
Try go by the chart history of bitcoin price ever since inception to date, you will discover that bitcoin have started from nothing to where it was today, while it had attained it's all time high of $68,000 if you can invest in it today and wait till later end of 2024 you could understand better. If you're looking for a digital currency that is most reliable in cryptocurrency, then you're lucky to discover one and the only one which is bitcoin, it's value always increases.
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