1$= 1309 BTC

[HelliumZ]

This topic means an unrealistic story to us now, even though it was real 16 years ago. In October 2009, one dollar could buy 1,309 bitcoins, which is currently worth hundreds of millions of dollars.



As time goes by, Bitcoin is now becoming like a golden deer to people, where people cannot buy another Bitcoin even if they want to. Whereas in 2009, 1309 Bitcoins could be purchased for $1.

Well, if someone had the opportunity to travel to 2009 in a time machine, what would you do?

[coolcoinz]

There's even a gem hidden in that fine print.

They are giving the average cost of electricity in the US as a point of reference used to estimate the value of 1 bitcoin. That cost is now 50% higher than it was in 2009.
Just an interesting little thing for those who haven't noticed inflation eating their savings. And people like Powell will tell you that inflation is transitory and losing 5% a year is completely fine. Then 10 years pass you by and you've lost half of your purchasing power.

As for buying BTC in 2009, it was a great opportunity, but how many people even knew about it? I sure did not. I heard about it first in 2014 when Mt. Gox went bankrupt.

[Nothingtodo]

This topic means an unrealistic story to us now, even though it was real 16 years ago. In October 2009, one dollar could buy 1,309 bitcoins, which is currently worth hundreds of millions of dollars.
As time goes by, Bitcoin is now becoming like a golden deer to people, where people cannot buy another Bitcoin even if they want to. Whereas in 2009, 1309 Bitcoins could be purchased for $1.

Well, if someone had the opportunity to travel to 2009 in a time machine, what would you do?

When Bitcoin was created by Satoshi, only a handful of dozen investors understood the value of Bitcoin. The value of Bitcoin is slowly increasing and people around the world are realizing its popularity, but when Bitcoin first started, it was an unknown name in the world. No one understood its value and no one was interested in Bitcoin. We learned to understand the value of Bitcoin after 2021 and we have lost the ability to invest in Bitcoin even though we understand about Bitcoin. Now if I were given the opportunity to go back in time with a time machine, even if it is an unrealistic fantasy, I would still fill my basket with Bitcoin.

[Ultegra134]

There's even a gem hidden in that fine print.

They are giving the average cost of electricity in the US as a point of reference used to estimate the value of 1 bitcoin. That cost is now 50% higher than it was in 2009.
Just an interesting little thing for those who haven't noticed inflation eating their savings. And people like Powell will tell you that inflation is transitory and losing 5% a year is completely fine. Then 10 years pass you by and you've lost half of your purchasing power.

As for buying BTC in 2009, it was a great opportunity, but how many people even knew about it? I sure did not. I heard about it first in 2014 when Mt. Gox went bankrupt.

Took me a while to notice! What's even more interesting is that Bitcoin could be mined with CPU back then, and would yield (for today's standards) a decent amount of Bitcoin. The mining difficulty was extremely low and even the average computer could be used. Good ol'times, I wish we had a forgotten wallet since then.

I learned about Bitcoin a little before I signed up on this forum, somewhere between 2013 and 2014, if I remember correctly, it costed less than $200, or was ranging at that level. As much as I could regret not taking action, 99.9% couldn't have suspected such a growth or if we did, we would have sold at previous milestones, such as $1,000 or $20,000 etc. The only way someone could hold Bitcoins from the early days would be if they were forgotten on a random wallet and somehow recovered now. What are the chances of that?

[cryptosize]

Well, if someone had the opportunity to travel to 2009 in a time machine, what would you do?

Most likely everyone would try to hoard as much BTC as possible (sounds familiar?), which would basically destroy BTC, since so many coins would sit on a few hands... altcoin founders do the same with their shitcoins and they even try to amass USD to buy more BTC.

It's a good thing time machines don't exist (another theory suggests every time someone travels back & forth in time, a new -bubble- universe/branch of reality is created, totally separate from our universe).

[Perfectbaby]

This type of images or comparison are what makes some people keeps regretting and wishing the price could turned back then when it was far way cheaper but then, things has changed and we can't really get back of time that we have already past. If people were told to buy Bitcoin then they wouldn't have believe becoming they don't know the full configuration and usage ( it's value) but, many people are really regretting for their lack of knowledge and trust towards Bitcoin.

[Webutxo]

As time goes by, Bitcoin is now becoming like a golden deer to people, where people cannot buy another Bitcoin even if they want to. Whereas in 2009, 1309 Bitcoins could be purchased for $1.

Well, if someone had the opportunity to travel to 2009 in a time machine, what would you do?

If you were around in 2009 October that year, I'm not sure if you are going to have a single Bitcoin even if you hear about it. Most of us today are attracted to Bitcoin because of how it has turn well, if it is not here yet I'm confident that many of us will not want to be close to it, we will be scared like how people were scared back then anytime market collapse but today, it's a spelling market.

[BABY SHOES]

No asset can match the rise of bitcoin, right?
1309 BTC = $1 now $161 million dollars... I can't imagine how bitcoin became the wildest asset and is now loved by many investors.

In 2009, I knew nothing about BTC.

Well, if someone had the opportunity to travel to 2009 in a time machine, what would you do?

Buy as much bitcoin as possible.

[tabas]

Well, if someone had the opportunity to travel to 2009 in a time machine, what would you do?

If I am from the future, then I'd certainly will because I know the value of Bitcoin. But let's be honest that we don't even know what we're doing by  that time and where we were. I guess that we've been so young trying to do things that we like to do and enjoy life. It's now part of the history that a dollar of bitcoin can change your life after a couple of years. And it takes guts to buy and use real money for something that no one knows the future will be. That's also an era where internet scams were rampant when most people don't have an idea how to avoid them.

[Zoomic]

This type of images or comparison are what makes some people keeps regretting and wishing the price could turned back then when it was far way cheaper but then, things has changed and we can't really get back of time that we have already past. If people were told to buy Bitcoin then they wouldn't have believe becoming they don't know the full configuration and usage ( it's value) but, many people are really regretting for their lack of knowledge and trust towards Bitcoin.

Come to think of it,  in 2009 what was I even doing?
Nothing serious with my data that to play some symbian games, visit wapking and waptrick to download games and other related stuffs.
Visit the cyber café, buy time and do some elementary stuffs online to show my guys that I was computer literate, no knowing that there's another works elsewhere.

[TastyChillySauce00]

Well, if someone had the opportunity to travel to 2009 in a time machine, what would you do?

Of course gonna buy so many 2nd hand server hardware to mine bitcoin aside from buying it LOL.

You could easily become billionaire just by doing that. Probably buying bitcoin off of people as well. But well it's just a big IF.
At this point even bitcoin is good for investment sometime outperforming gold by significant margin, so I'll just continue to accumulate. I know we aren't at the top yet.

[BlackBoss_]

This topic means an unrealistic story to us now, even though it was real 16 years ago. In October 2009, one dollar could buy 1,309 bitcoins, which is currently worth hundreds of millions of dollars

I can not share any chart from 2009 but Bitbolo has a chart since January 2013 on satoshis per dollar.
https://charts.bitbo.io/satoshi-per-dollar/

This chart gives us information on how many satoshis we can buy with $1 with time, since 2013 and the chart shows us how quick change on less satoshis we are able to buy with $1 over years.

The chart is another visual information on rise of Bitcoin price over time, but this one is on satoshis and is like an inverse chart of satoshi price chart.

[Darker45]

If we could all travel back to 2009 without an inkling as to what would unfold in the future, I'm afraid many of us won't be buying and keeping so much. Even solid believers of Bitcoin sold when the price was only in cents.

Our regret only comes from the fact that we're already fully aware of the price that Bitcoin would eventually reach. But if we're not certain of it, everything would still be the same.

Today, if Bitcoin corrects all the way to $25,000, would we interpret it as a huge opportunity and gather all our savings to buy the dip, or we'd even sell what little we have because of strong emotions and doubts?

[Marvell1]

This type of images or comparison are what makes some people keeps regretting and wishing the price could turned back then when it was far way cheaper but then, things has changed and we can't really get back of time that we have already past. If people were told to buy Bitcoin then they wouldn't have believe becoming they don't know the full configuration and usage ( it's value) but, many people are really regretting for their lack of knowledge and trust towards Bitcoin.

Come to think of it,  in 2009 what was I even doing?
Nothing serious with my data that to play some symbian games, visit wapking and waptrick to download games and other related stuffs.
Visit the cyber café, buy time and do some elementary stuffs online to show my guys that I was computer literate, no knowing that there's another works elsewhere.

Our world is very colorful and there are thousands of other things that we still don't know, not just bitcoin. So there is no regret that we did not know about bitcoin earlier or did not invest in it from the very beginning.

Many expressed regret and vowed that if they had the chance to go back in time, they would buy bitcoin without hesitation. But trust me, we only dare to make statements and do it when we know the future. If we had the chance to go back to the past but forget everything in the present and future, everything would remain the same. We were still skeptical, disdainful and unwilling to spend a dime on bitcoin at that time.

 

[TheUltraElite]

If I had a time machine, I would not tamper with time ever because whatever happened happened for a reason and the lesson learnt is what should be should be given importance to.

Because bitcoin was so undervalued yesterday, we find its worth today. And that is why we wish we could buy it back then.

But truth is we can still buy it and still make money from the upcoming future but we become hesitant to do so. Since the past has already happened we are not scared at the thought of changing it but we are afraid of the future. This is fundamentally wrong.

[tread93]

This topic means an unrealistic story to us now, even though it was real 16 years ago. In October 2009, one dollar could buy 1,309 bitcoins, which is currently worth hundreds of millions of dollars.



As time goes by, Bitcoin is now becoming like a golden deer to people, where people cannot buy another Bitcoin even if they want to. Whereas in 2009, 1309 Bitcoins could be purchased for $1.

Well, if someone had the opportunity to travel to 2009 in a time machine, what would you do?

I wish I could travel back in time to NY central park 15 years ago this month and finish my first bitcoin transaction that never happened because I let someone tell me that it was a scam! I was gonna put $20 in and let it ride lol. Probably would have lost the paper though.

[Fiatless]

If we could all travel back to 2009 without an inkling as to what would unfold in the future, I'm afraid many of us won't be buying and keeping so much. Even solid believers of Bitcoin sold when the price was only in cents.

Our regret only comes from the fact that we're already fully aware of the price that Bitcoin would eventually reach. But if we're not certain of it, everything would still be the same.

Today, if Bitcoin corrects all the way to $25,000, would we interpret it as a huge opportunity and gather all our savings to buy the dip, or we'd even sell what little we have because of strong emotions and doubts?

Bitcoin was unusual at that time, and many people thought it wouldn't survive for many years. So they took advantage of the opportunity to sell at a low price since they believed it would vanish after a few years.  

Would Bitcoin ever drop to $25,000? I don't think so. It should be seen as a golden opportunity to accumulate if the price ever drops $65,000.  

[Zaguru12]

If we could all travel back to 2009 without an inkling as to what would unfold in the future, I'm afraid many of us won't be buying and keeping so much. Even solid believers of Bitcoin sold when the price was only in cents.

Our regret only comes from the fact that we're already fully aware of the price that Bitcoin would eventually reach. But if we're not certain of it, everything would still be the same.

Today, if Bitcoin corrects all the way to $25,000, would we interpret it as a huge opportunity and gather all our savings to buy the dip, or we'd even sell what little we have because of strong emotions and doubts?

Exactly as long as the future remains unknown we will never be able to predict what will happen in future and that will most definitely continue to leave us in reggret, there is absolutely no way we can actually get away from the fact that there will be regret, if at $100k plus price today tyere will be regret, from those who think they shouldn’t have waited for the dip and should have bought when it was at this current to those who would be saying they should have hold on to their holdings and never to have sold because they thought it was the top. It will always continue to be an endless cycle of regrets we can not change that.

Question that I have alway asked is are there still people that have hold form this price in 2009 till date and yet to sell, I think this question will be tricky to answer because in every ATH bitcoin creates there is always a urge for people to sell

[fuguebtc]

But truth is we can still buy it and still make money from the upcoming future but we become hesitant to do so.

Another fact is, it is true that we can still buy it now and still make profit in the future. But the days of getting rich quick with bitcoin are over, we will not be able to make millions of percent profits or become millionaires with just a few dollars or even a few thousand dollars in capital. Bitcoin has a market capitalization of over 2 trillion and is now one of the largest assets in the world. That means that bitcoin growing 2x, 3x is also a problem and takes a long time, let alone it can grow millions of percent in the next 16 years. That is why many people always look back and regret what has passed.

[abaeze]

Some people are regretting not knowing about Bitcoin before and some people are now afraid to invest because of the wild price hike. The biggest thing here is that people are being deprived of real knowledge and ignorance. Due to the wild behavior of BTC, many people see it as the wildest asset, but the good news is that some people used to invest without knowing and now they invest after knowing. It is very easy to understand now and its adaptation is the biggest proof of this. However, those who are not investing in Bitcoin yet despite having money, I think they prefer to watch the game on the field as a spectator rather than playing it themselves.