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Author Topic: If you spent $500-$1000 on bitcoin in 2009-2010  (Read 381 times)
lombok
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February 05, 2024, 07:05:50 PM
 #21

We always make speculations and try to assume things in the past. One thing is for sure that it can't be changed and there's no rewind but it does makes sense if a big entity does have that money and tried to buy most of these bitcoins earlier. But most of the new things in the past won't make people pull out their pockets easily. Realizing on what Bitcoin gone through all of these years is just amazing to think of. All of these situational posts and threads that have been made, I know that we have to embrace the reality and all of these threads are just for the sake of discussions but we just move on and look at the current side of it.


The purpose of these topics is for discussion but after discussion what benefit will it bring us? I don't understand why people like to live in illusion, dreaming about things that cannot be changed and cannot happen? Why doesn't OP ask what will happen if he invests $1000 in bitcoin now and what will happen in 10 years? Wouldn't that be more interesting and more realistic?

Bull season is approaching, bitcoin is becoming increasingly scarce because of increasing demand. Many people are focusing on accumulating bitcoin while many are still here regretting the past and doing nothing to correct that mistake. This is a waste of time.

When someone cannot accept reality, they prefer to fantasize about the consequences of a regret that they have not faced and move on. This is ridiculous, but this is what happens to some people and we have to accept it.

Bitcoin still has a high chance of continuing to grow, especially when it comes to prices. Moreover, we will face the halving and the acceptance of a bitcoin ETF this year. I am sure Bitcoin will be able to rise even higher in the halving circle this time (the bull run session has arrived)

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February 05, 2024, 07:12:24 PM
 #22

If I had $200 worth of bitcoins between 2009 and 2010.  So now I'm almost.  I would own a thousand dollars.  In that case, I would have invested 1000 dollars for 7-800 times.  Then I would be a millionaire now. 

bitcoin was, at first market in 2010 about $0.10
so if you invested $200 you would have 2000coins = >$85m now
so if you invested $500 you would have 5000coins = >$212m now
so if you invested $1000 you would have 10,000coins = >$425m now

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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February 05, 2024, 08:22:46 PM
 #23

haha seriously  Cheesy dear, it is the kind of thing that sometimes reflects on my mind if I had bought at the price when it was trading at 0.10 cents I would be the millionaire of the current time well what can we do if something is not in our luck we can not get it on the other hand, I would like to say that everything comes to our life at its perfect it means everything has the perfect time when it comes to our life.

One more thing I used to think is that what was the actual reason I did not buy Bitcoin at that time was that Bitcoin had less popularity in 2010 very rare people knew about it. well, those who believed in Bitcoin and bought it at that time and hold it till now are very lucky people because they are going to earn a very big amount in the coming bull run. In this bull run bitcoin has achieved so many things win many more investors trust and I hope in this bull season bitcoin will surpass the gold market cap which will be its another achievement.

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February 07, 2024, 03:58:09 AM
 #24



This can only happen if you are 100% sure that one Bitcoin would survive, flourish and become very valuable...even much higher than gold. Unless you have that power to predict the future or maybe has a very effective crystal ball that can see the future, it would be impossible for you to do something like what you are proposing. And that is precisely what happened...nobody would have used his BTC to buy those famous pizzas if someone was then whispering him what can the future of BTC. And of course, early holders of BTC would not have sold their BTC at so low prices if there was someone who told them that BTC can be worth $40K each today. We can only imagine what can be...but in reality a scenario like this is humanly impossible.

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Litzki1990
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February 07, 2024, 04:10:30 AM
 #25

The years 2009 and 2010 were early days for Bitcoin and at that time very few people had the courage to invest $500 to $1000 in Bitcoin. Then if any investor has invested 500 to 1000 dollars in this coin, still he has not kept his investment until now but he has sold his investment long ago at some profit.  In fact, we do not have much use in thinking about these things and even calculating the profit and loss in these matters will not be of much use to us. We should try to make use of the opportunities that we have now without regretting that the opportunities are gone for us.  

Just like many investors now think that $43 thousand is too much to invest, the price of Bitcoin in 2009 was the highest level that investors thought was the highest, but now they regret it. So now $43K seems to be the maximum but ten years later we may have to regret why we didn't invest ten years ago why we didn't invest ten thousand dollars or $20K 10 years ago. We should learn from past mistakes and apply them now.

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February 07, 2024, 04:33:45 AM
 #26

I wonder why this topic only got its first response, and got discussed eventually, 6 years later. LOL!

Anyway, this is pure imagination. Not a slight chance that something like this happens in reality. In the first place, why would somebody do that? Also, if every single Bitcoin offered to the market is snatched up immediately, then the succeeding sales must have already a higher price tag, and the single person doing the buying needs a huge amount of money to get everything. When there's such a demand and a high price, instead of being discouraged, miners would even increase their capacity.

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February 07, 2024, 10:00:23 AM
 #27

It's easy to imagine. But when you are in that era, I'm not sure you will do it Grin

Most people will not want to risk buying bitcoin while they don't know what the future holds for it. But when there is a fair price, meaning when people see the price of bitcoin rising slowly and they can predict what the future of bitcoin will be, they will start buying bitcoin. People will become interested in something when they see the benefits they can gain. Otherwise, they will ignore it until they can see its benefits.

Don't regret what has happened. It's best to immediately start investing in bitcoin if you are increasingly confident in bitcoin. Don't be late again this time because bitcoin can rise very high beyond people's expectations.
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February 09, 2024, 04:15:32 PM
 #28

Why won't they mine it anymore when they know that there is a person who is interested on acquiring it? And maybe some of them will try to increase the selling value of BTC because the demand of it is too strong. So tell me, will you still buy it? BTC is not hard to mine in the past, so BTC miners can always profit. You should rather say that investors will be afraid of buying it because it might only get dumped by you.

Well, I doubt it either because why will they continue supporting BTC when they are also aware that Satoshi Nakamoto owns a lot of BTC and there is also a possibility that he will sold all his BTC's? BTW, your thread is cool as it has a plot twist. I really thought we will be a millionaire if we start with that but it turns out the opposite is what can happen Cheesy.

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February 09, 2024, 04:24:27 PM
 #29



This can only happen if you are 100% sure that one Bitcoin would survive, flourish and become very valuable...even much higher than gold. Unless you have that power to predict the future or maybe has a very effective crystal ball that can see the future, it would be impossible for you to do something like what you are proposing. And that is precisely what happened...nobody would have used his BTC to buy those famous pizzas if someone was then whispering him what can the future of BTC. And of course, early holders of BTC would not have sold their BTC at so low prices if there was someone who told them that BTC can be worth $40K each today. We can only imagine what can be...but in reality a scenario like this is humanly impossible.
At that time people were scared it buying Bitcoin because they thought the market is going to crash one day. The same way many of us are scared of investing in altcoins projects, same things happens back in the days when Bitcoin has little value. It is now that many investors are coming to the market trying to buy and hold Bitcoin. The market is huge and we can benefit from it if we know when to buy and when to sell. Those that had been investing in Bitcoin before now would be in huge profits because Bitcoin has less value then. In 2010 you can easily buy Bitcoin with few dollars but now, it will take huge amount of fund to acquire just 1 BTC.

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