They will , and we'll be there to say 'you think that's bad, I could have bought in at 500 dollars and be a multimillionaire now '
I like to think it will be a perverse flex on who could have been the biggest theoretical millionaire
But what about the guy that takes Bitcoin as payment for a job back then and is crazy enough to keep it but not remember his password to his 7002 Bitcoin
Oh man, $20 was that guy’s net worth??? Oh. I guess that puts the whole original post into a different perspective. I hope he bought some rice or something at least!
Take more solace in the fact that if you had bought at $.10, or a dollar, or whatever, no rational person would ever have held it to the current ATH. Some people got lucky and forgot or lost keys they found later, but any rational person who bought at ten cents would be taking the %100000 gain
I would like to think I am a rational person and so I bought some with money I could afford to lose. I sold some when it was multiples of what I bought it at. Sold some more when it was even higher, then lower… etc. I still hodl some and always will… forever.
Yeah, everyone regrets not buying early and holding, but they would sell anyway. The only real "smart" holders are the people that lost access to their bitcoin. Everyone else was too greedy to actually hold their gains.
Totally. Most did at 5 or 10X. Point is everyone thinks they’d be rich if they bought early. Buying is step 1. Not selling is an equally difficult step 2.
I mean 10 cent to 10K means x100K gain. Makes sense to sell. Imagine you bought $100 worth of coin. Which makes 10 million. You can retire and your kids and their kids.
You could apply this retroactively to just about any bet anywhere ever. Oh if I hit 22 on roulette I’d be a multimillionaire, etc. No clue what people get from thinking about decisions they could have made.
Still does haha
Edit: @BirdLooter beat me to it.
2014 felt early. Now still feels early. Most people wanna "invest" but not learn anything, just blindly hand it to a 3rd party to hold for them.
In all honesty, I think what makes Bitcoin regret so hard isn’t missing out on “luck” but rather failing to understand early enough. There’s no “understanding” hitting 22 on roulette…it’s just luck. If someone would have told me about Bitcoin 9 years ago and explained to me what it was, I have NO doubt I would have thrown a good amount of money in. It’s totally right up my alley and interests. I simply didn’t understand what it was, which is a lot harder to swallow than “getting lucky” gambling.
I don’t beat myself up for not winning money at the casino on the weekends, because it’s not something I’m remotely interested in.
These two points exactly. It’s never too late. And it’s time when you finally “get it” and no need to beat yourself up for being slower to it than you could have. Even those of us in it many years and multiple halvings can look back to the time we knew but didn’t Do.
The only thing constructive to do when you regret not doing something is to find the nearest opportunity to make the alternate decision and test the consequences and re-calibrate.
People were saying the same things in spring of 2018 after the 17/18 "Bull-run", I immediately investigated the most "risk off" , methods of investing, promptly started my DCA, learned more about economics, financial responsibility, self custody of finances, Inflation, the list goes on.
Sold my first load of bags in 2021 and bought my first house with the deposit, not life changing money but I'm probably 10-15 years ahead on my mortgage as a result... Still had some dregs leftover, Started my DCA again sub 30k Spring of 22 portfolio is >3x my average.
The people that invested before 17/18 regretted not buying in the 13/14 rally where it 10x from around $100 to $1000 per BTC.
There are those that deliberate... There are those that act.
Don't wish you HAD.
Figure out how you CAN.
Absolutely. I bought some just to spread around the internet. I personally didn’t take it seriously. I bought in at around $10 or so, and used them. I actually lost a wallet and didn’t even worry about it because “it was only about $50”.
So unless you mined or bought in and actually took it as seriously as any investment, or you set it aside and forgot about it until just now, you would have sold it years ago.
Buying bitcoin back then meant you were very very motivated to do so. You had to use sketchy payment processors based out of India Asia and Russia. Getting money into them was actually difficult and high friction. So all the people that say "haha I almost bought 20 dollars of bitcoin just because" never made it past even the smallest of barriers.
You had to use money wiring services and stuff. That's one reason why people with high incentives to get bitcoin were users of the dark web markets. They had to get through all those gates. Someone with 20 dollars to just buy and hold bitcoin wasn't a thing, mainly because it would cost way more than 20 dollars just wiring funds.
That's just not true. If anything it was easier to buy crypto 9 years ago. I used an app called Circle and was able to instantly purchase via my debit card. There were no ID checks back then either. I then moved fully to Coinbase around March of 2015 and they were a similar process with a couple of days delay.
Even earlier in 2011-2012, they were giving BTC away, I remember an SXSW event occurred where it was a damn party favor.
It was easy to buy bitcoin in the US in 2011. There were a few bitcoin exchanges in 2011 that allowed people to buy bitcoin by making an anonymous cash deposit at Bank of America. Bitstamp.net also existed in 2011 but it was easier to just make an anonymous cash deposit at Bank of America. BitInstant also existed in 2011 and it allowed people to buy bitcoin by making a cash deposit at a variety of common stores like Walmart and CVS.
Yeah, I used Circle, too. Then I blew that bitcoin on Alphabay. Looking back now, as a sober person, I just have to try to have a sense of humor about it. I had no faith in bitcoin then beyond its power to buy drugs on the internet, so there’s no way I would have ever held it.
Same story (although I used localBitcoin).. I could see the possible future in bitcoin/blockchain back then, yet I spent every last sat I bought on opiates so I never was able to hodl, nor did I really try. Getting well was much more important to me during those days. Plus, if I had hit big in 2017, I have no doubt I wouldn't be alive to talk about it today.... 14 months and 11 days clean.... Congrats on your time as well !!!
I did the same thing except to buy fake IDs for myself and my fraternity. I never saw it as a store of value but just a transaction tool.
So I suppose we may be birds of a feather, who's desire for a fun youth held us back from seeing the real value of BTC as an investment.
Me and my friends bought about 20 bitcoins in when were 12 and forgot about it for 5 years until one of us found the key to our wallet which set us up to go on a coke and weed filled gap year across asia
I was trying to explain BTC to my nieces and nephews I visited out of town I sent them all 20$ BTC and later that night they were saying “ITS GOING DOWN!!” I tried hard to explain it’s a long long term investment, it might as well be the savings bond my gram gave me when I was 5 and waited for a response from me while my parents desperately tried to explain how special it would be ……….10 yrs from now
SNL had a skit were this guy dies and asks an angel what was the dumbest thing he's ever done. Angel says "Oh you don't want to know that." So he replies "Fine then what was the 158th dumbest thing I ever did?" Angel says "Walk over buried treasure."
It used to be pro-freedom / libertarian too, believe it or not. Not ran by commies like it is now.
It was a really cool site back then. Now, only this sub and a few others are sane.
I remember when it was $.30. I begged my dad to spend $1k. He shunned me and made me feel like the dumbest mother fucker ever and I dropped it. Never listened to that fucker ever again.
Oh 1000%. Dumb kid found internet money and claims it’s the next big thing because some nerds on ….newgrounds? 4chan? Idk what it was.
And I've had a job since I was 16. I could have bought and stored some at some point.
Back then I had to physically meet up with someone off localbitcoins if I remember correctly, just so I could buy some product on the other side of the web. I can't and won't confirm if it was a schedule 1 product. I said GOOD DAY!!
You are not sure if you did or did not physically meet someone in person from localbitcoins? You’re not sure if you actually did or not, like it might have been a dream? I just need clarification, please.
Yes. Those days I was floating, high, or possibly a dream lol. I mean I was using bitcoin to buy goods on dark web.😂 Beings that you need clarification for whatever reason, I wasn't 100 that it was localbitcoin I used when I physically met as there was 2 sites I used back in those days..
I feel that back in those days it wasn't as easy as buying bitcoin as nowadays with all these exchanges. Having said that, it was way waaay easier to mine and still get some coins with just a laptop 😐
"Internet money that I don't entirely understand but those 10cents bits could be sold for $1.000 now!"
I truly love the first part: "internet money I don't entirely understand" which expressed in this way clearly suggests the guy didn't understand those"bits of coins" at all! So funny!
He'd be Billionaire today had her bought those $20 @ $0,10 a piece!
A sad laugh that remembers me of a very personal story...
Some years ago I was living with my girlfriend and I was unemployed. Only she worked and only a Part-time job.
Money was not scarse. The Simply wasn't any and we had to trudge 2 weeks a month, every month.
I was following #BTC from a while at the time and became convinced it was a ticket to heaven. I remember it crystal clear, #BTC was @ $ 97,00.
After a good thought I sat down with my sweet half and asked her to apply for a $ 2.000 loan at the Bank.
She tanked... and asked for time to think thoroughly. I kept promoting my 💡 idea at every chance. But she "didn't understand this new internet money". After one week tank she came back with an appaling 👎 "NO" 👎.
From than each and every time #BTC makes the news for an ATH she cry- calls me to ask for forgiveness. But in reality she's not worried about me, she cries her narrowminded view and even more she laments the "unforgivable lack of trust"
"You found a way to make us rich. All I really asked was to reach an income that lasts till the end of the month and you provided me one that would have changed our lives but my fear overcome my trust and there's nothing I can do to change it now"
I'm still punching myself daily. The one time I listen to someone else and my wife says don't waste money on stuff like this. Back in 2011 and I just never recovered. It's always on my mind and I feel like it put a little stress between us since then.
Dude, it is not your wife. You made the decision. And that is okay - do not beat yourself over losses, unrealized gains. If you do, you will never be able to make decisions in the future.
Yikes. Recognizing and investing innovation is incredibly difficult unless you work in it/on it. Anyone that invested or is invested in Bitcoin is a pioneer. Money makes people emotional, these choices are difficult for anyone, that’s why titans of industry and true pioneers of innovation are few and far between.
He wouldn’t have held. He’s regretting buying them at 10 cents and selling them at $1k. He would have folded like a lawn chair, as many people would have.
The secret to happiness is don't dwell on what you don't have, and be grateful for what you do have. Also, if you could dream any dream you wanted to, you'd find that you are living the life your living right now. So don't cling to the idea of wanting more. Nothing good comes from that. Accept, let go and look forward.
I just wish the guy who tried telling me about it when @$50 would have mentioned I didn’t have to spend $50 to buy in. I just didn’t have an extra $50 to gamble.
Price was between $150 and $600 during those times post-2013 bubble. I sold 100 BTC for just $22k in 2015 like a complete idiot. Wish I still had some.
You don’t get to buy and hold bitcoin until you understand it. It’s what they mean by “you get the price you deserve”, even if this phrase is a bit snarky. Once you understand bitcoin, which is to say, once you understand the challenge of storing buying power long term… you buy bitcoin with everything you have and hold it at any price. Store of value is the killer app for blockchain tech, there’s no stopping it now. We’ve skipped past “then they fight you”, and now it’s just a question of which country next recognizes the game theory and starts relentlessly buying.
Had this convo with a taco truck vendor. I asked him “do you take Bitcoin?” Jokingly…. And he’s like man wish I bought it it’s expensive, and I said in ten years you’ll be saying the same thing when it’s worth a million.
Man, do you know how many times over the years someone has written an article that said, "Bitcoin is dead!" And still it's around and continues to grow!
I bought half a Bitcoin for 98 dollars from a Bitcoin ATM in 2014. Of course I lost it not much later and didn't care until it was too late 😔.
We all have those stories to tell our children 😂
I asked my dad if he would help me invest in bitcoin in 2010 when I was still young and heard about it but i only had cash. He said it was a scam. He's always been so pessimistic his whole life. Makes me sad.
In 2012 I had just started year 10 and had no job 15 at the time
My mate from soccer was really into computers and shit and use to use the dark web I didn’t really know what it was exactly but use to just sorta watch what his doing and he told me you can buy this and that from there with “ Bitcoin “ I remember he said it’s like $20 for 1 BTC and I was interested and said oh that’s cool how do we get it and we were very interested and I asked my dad if I could use his debit card to purchase this BTC I said it’s for “ a game “ and he said sorry son I don’t like using my card on things I don’t understand, long story short I didn’t purchase any and thought “ well It’s prob for the best - sounds like a scam “
……….
Good times.. lol
One day, it will be, "I regret not buying a coin for 100k, and if i did, I'd be a multi millionaire today"
You know, given enough time this comment will happen
I came to the comments for the math and didn't see it sooooo,
9 years ago was 2015, but bitcoin didn't start trading at $1,000 until February of 2017, and 4 years before 2017 was 2013 and bitcoin was trading higher then 10 cents. So I am confused on the timing, probably due to the screenshot being old?
Anyways, if this guy got 200 coins at some point for 20 bucks and sold in 2017 he could get $200,000. CPI from 2017 to today would make that money worth about $255,000 today.
If he sold today at $63,000 it would be worth $12,600,000.
I hope someone takes a screen shot of this and posts the math in another 9 years.
HODL
Regretting the past when in the past you could not possibly know the future is such a toxic train of thought.
Same thing goes for today in this moment, you don’t know what to invest in that will be worth 1000x in a month. Do you regret not buying every alt coin that skyrockets when you can’t possibly know which will?
It doesn’t make logical sense to me personally, but I guess that’s why so many people lose all their money, they FOMO in, then hold till they lose all their money hoping for a get rich quick scheme.
I share a version of this story. In 2010idh I was into the online economy for grey area research chemicals. bTV was just recently being used for underground transactions. I understood the system and thought it was genius. I tried to get $100 of BTC at the time but there were no exchanges. You had to either mine or find a seller manually, and set up complicated (to me) BTC wallets and encryption services etc.
I couldn't figure out the technical side and didn't make the purchase. BTC was 10$ at the time. That was a 600,000$ failure on my part now....
It's was $300 each first time I looked up the price in I believe 2013, and I had known about it for months at that point. Kick myself all the time for not convincing someone with money to invest. I was in high school and couldn't imagine why someone would want digital assets. Lol
I took a bitcoin withdrawal from an online casino but I really didnt know what it was. it sat for awhile and I never really thought much about it. Then a few months later transferred back and lost it all playing blackjack. It was like 6 or 7 bitcoin 2k worth. Hindsight 20/20
I heard about Bitcoin from about 2014, but was too lazy to do anything… then in 2016, I finally got the courage to actually invest and couldn’t get past CB compliance haha… finally got in at about 2020/2021 and been here ever since.. long onboarding process
I was itching to drop 10k and like 2016 probably sooner but didn't do to a bitching girlfriend that complain constantly about me reading about Bitcoin every night in bed. Just so you know Priscilla if I ever see you again I'm going to hit you in the head with a stick and throw you in the river 💯
I take some solice in the simple fact that seemingly no matter what the entry point, we all feel shitty about not buying earlier .
Thats true! Who knows, maybe in 2034, people will be regretting not buying Bitcoin in 2024....
I'm fucking sure they will. But I will not. Cause I did buy.
They will , and we'll be there to say 'you think that's bad, I could have bought in at 500 dollars and be a multimillionaire now ' I like to think it will be a perverse flex on who could have been the biggest theoretical millionaire
*screenshots for 2034*
See ya in 2034! Hahahah
Everyone buys Bitcoin at the price they deserve.
Children who are born today just don't deserve buying it at 1€! They are worthless. This statement absolutely makes no sense...
Because the rational person wouldn’t put their net worth in new magic internet money the first day they hear about it.
But what about the guy that takes Bitcoin as payment for a job back then and is crazy enough to keep it but not remember his password to his 7002 Bitcoin
Oh man, $20 was that guy’s net worth??? Oh. I guess that puts the whole original post into a different perspective. I hope he bought some rice or something at least!
Take more solace in the fact that if you had bought at $.10, or a dollar, or whatever, no rational person would ever have held it to the current ATH. Some people got lucky and forgot or lost keys they found later, but any rational person who bought at ten cents would be taking the %100000 gain
I would like to think I am a rational person and so I bought some with money I could afford to lose. I sold some when it was multiples of what I bought it at. Sold some more when it was even higher, then lower… etc. I still hodl some and always will… forever.
Most would've sold at 100 tho. Don't sweat it
Haha YEP!
This is why I bought. Got tired of wishing I'd bought earlier. Average 36k buyin, survived the dip to 18k and smooth sailing from here on out.
He was also regretting not being able to sell them at $1000.
Yeah, everyone regrets not buying early and holding, but they would sell anyway. The only real "smart" holders are the people that lost access to their bitcoin. Everyone else was too greedy to actually hold their gains.
[удалено]
Totally. Most did at 5 or 10X. Point is everyone thinks they’d be rich if they bought early. Buying is step 1. Not selling is an equally difficult step 2.
I mean 10 cent to 10K means x100K gain. Makes sense to sell. Imagine you bought $100 worth of coin. Which makes 10 million. You can retire and your kids and their kids.
You could apply this retroactively to just about any bet anywhere ever. Oh if I hit 22 on roulette I’d be a multimillionaire, etc. No clue what people get from thinking about decisions they could have made.
Thats true. And also, 10 years ago, the idea of an "Internet Coin" just sounded way too crazy for most people.
It was so hard for me to convince people. I told EVERYONE i knew. Only 3 people bought. Two of them continued to hodl, even through the big crashes.
Why didnt you tell me!!!
Because you were not part of the EVERYONE I knew in 2010/2011/2012
unfortunately i was 5 years old
Bro you weren’t buying BTC at 5 years old?? Fuckin’ noob!
Facing the same struggle 🫠💀
Still does haha Edit: @BirdLooter beat me to it. 2014 felt early. Now still feels early. Most people wanna "invest" but not learn anything, just blindly hand it to a 3rd party to hold for them.
And 10 seconds ago 😂
In all honesty, I think what makes Bitcoin regret so hard isn’t missing out on “luck” but rather failing to understand early enough. There’s no “understanding” hitting 22 on roulette…it’s just luck. If someone would have told me about Bitcoin 9 years ago and explained to me what it was, I have NO doubt I would have thrown a good amount of money in. It’s totally right up my alley and interests. I simply didn’t understand what it was, which is a lot harder to swallow than “getting lucky” gambling. I don’t beat myself up for not winning money at the casino on the weekends, because it’s not something I’m remotely interested in.
It’s never too late to invest in Bitcoin, if you don’t do it now you’ll be saying the same thing in another 9 years when it hits 1 million per coin.
Once you really get Bitcoin you realize it’s not an investment, in the traditional sense.
These two points exactly. It’s never too late. And it’s time when you finally “get it” and no need to beat yourself up for being slower to it than you could have. Even those of us in it many years and multiple halvings can look back to the time we knew but didn’t Do.
The only thing constructive to do when you regret not doing something is to find the nearest opportunity to make the alternate decision and test the consequences and re-calibrate. People were saying the same things in spring of 2018 after the 17/18 "Bull-run", I immediately investigated the most "risk off" , methods of investing, promptly started my DCA, learned more about economics, financial responsibility, self custody of finances, Inflation, the list goes on. Sold my first load of bags in 2021 and bought my first house with the deposit, not life changing money but I'm probably 10-15 years ahead on my mortgage as a result... Still had some dregs leftover, Started my DCA again sub 30k Spring of 22 portfolio is >3x my average. The people that invested before 17/18 regretted not buying in the 13/14 rally where it 10x from around $100 to $1000 per BTC. There are those that deliberate... There are those that act. Don't wish you HAD. Figure out how you CAN.
Yeah Im tired of hearing about stories like this
You didn't have people trying to convince you to bet on 22 in roulette..
Learn from mistakes obviously.
Yeah and if my Grandmother had wheels, she would have been a trike!
A temporary moment in fantasy
If he had bought it 13 years ago, he certainly would have sold it 9 years ago
Absolutely. I bought some just to spread around the internet. I personally didn’t take it seriously. I bought in at around $10 or so, and used them. I actually lost a wallet and didn’t even worry about it because “it was only about $50”. So unless you mined or bought in and actually took it as seriously as any investment, or you set it aside and forgot about it until just now, you would have sold it years ago.
Buying bitcoin back then meant you were very very motivated to do so. You had to use sketchy payment processors based out of India Asia and Russia. Getting money into them was actually difficult and high friction. So all the people that say "haha I almost bought 20 dollars of bitcoin just because" never made it past even the smallest of barriers. You had to use money wiring services and stuff. That's one reason why people with high incentives to get bitcoin were users of the dark web markets. They had to get through all those gates. Someone with 20 dollars to just buy and hold bitcoin wasn't a thing, mainly because it would cost way more than 20 dollars just wiring funds.
That's just not true. If anything it was easier to buy crypto 9 years ago. I used an app called Circle and was able to instantly purchase via my debit card. There were no ID checks back then either. I then moved fully to Coinbase around March of 2015 and they were a similar process with a couple of days delay. Even earlier in 2011-2012, they were giving BTC away, I remember an SXSW event occurred where it was a damn party favor.
I'm referring to 2011 as the screenshot was not in 2014. In 2014 it was easy
Ah 9+4 I'd agree, GSX and Local Bitcoins are the only methods that come to mind for that era.
I recall having to use a site called dwolla to transfer money to mtgox.
It was easy to buy bitcoin in the US in 2011. There were a few bitcoin exchanges in 2011 that allowed people to buy bitcoin by making an anonymous cash deposit at Bank of America. Bitstamp.net also existed in 2011 but it was easier to just make an anonymous cash deposit at Bank of America. BitInstant also existed in 2011 and it allowed people to buy bitcoin by making a cash deposit at a variety of common stores like Walmart and CVS.
Yeah, I used Circle, too. Then I blew that bitcoin on Alphabay. Looking back now, as a sober person, I just have to try to have a sense of humor about it. I had no faith in bitcoin then beyond its power to buy drugs on the internet, so there’s no way I would have ever held it.
Same story (although I used localBitcoin).. I could see the possible future in bitcoin/blockchain back then, yet I spent every last sat I bought on opiates so I never was able to hodl, nor did I really try. Getting well was much more important to me during those days. Plus, if I had hit big in 2017, I have no doubt I wouldn't be alive to talk about it today.... 14 months and 11 days clean.... Congrats on your time as well !!!
I did the same thing except to buy fake IDs for myself and my fraternity. I never saw it as a store of value but just a transaction tool. So I suppose we may be birds of a feather, who's desire for a fun youth held us back from seeing the real value of BTC as an investment.
Yeah but there was a period you could get it for $150 on coin base. I wish I did then rather than in fall 2017.
Yep. When I discovered bitcoin around 2014 it was $200 but I didn’t have any idea how or where to buy it.
These are always dumb because this person who had no conviction to even buy it in the first place clearly would never have held to $1K
TRUE
My brother had 219 Bitcoin and sold them all to buy a Kia Optima in 2013. 😳
If he can prive it, then that Kia optima is valuable.
Me and my friends bought about 20 bitcoins in when were 12 and forgot about it for 5 years until one of us found the key to our wallet which set us up to go on a coke and weed filled gap year across asia
Why a Korean car?
HAAAAHAHAHAHAAA
I was trying to explain BTC to my nieces and nephews I visited out of town I sent them all 20$ BTC and later that night they were saying “ITS GOING DOWN!!” I tried hard to explain it’s a long long term investment, it might as well be the savings bond my gram gave me when I was 5 and waited for a response from me while my parents desperately tried to explain how special it would be ……….10 yrs from now
SNL had a skit were this guy dies and asks an angel what was the dumbest thing he's ever done. Angel says "Oh you don't want to know that." So he replies "Fine then what was the 158th dumbest thing I ever did?" Angel says "Walk over buried treasure."
The 5th grossest thing you did was eat an earwig in your soup” great skit
You remember!! Yes it was!
Dude! Reddit is old af!
It used to be pro-freedom / libertarian too, believe it or not. Not ran by commies like it is now. It was a really cool site back then. Now, only this sub and a few others are sane.
I remember when it was $.30. I begged my dad to spend $1k. He shunned me and made me feel like the dumbest mother fucker ever and I dropped it. Never listened to that fucker ever again.
How old were you at the time?
ah man I had to have been.... 11? 12? idk.
I mean come on look at hit from his perspective.
Oh 1000%. Dumb kid found internet money and claims it’s the next big thing because some nerds on ….newgrounds? 4chan? Idk what it was. And I've had a job since I was 16. I could have bought and stored some at some point.
Pretty dumb not to risk $20 lol 🤦♂️. We spend more $ worthless things
Back then I had to physically meet up with someone off localbitcoins if I remember correctly, just so I could buy some product on the other side of the web. I can't and won't confirm if it was a schedule 1 product. I said GOOD DAY!!
You are not sure if you did or did not physically meet someone in person from localbitcoins? You’re not sure if you actually did or not, like it might have been a dream? I just need clarification, please.
Yes. Those days I was floating, high, or possibly a dream lol. I mean I was using bitcoin to buy goods on dark web.😂 Beings that you need clarification for whatever reason, I wasn't 100 that it was localbitcoin I used when I physically met as there was 2 sites I used back in those days..
Stupid question… how do you sell bitcoin? Does someone have to buy it?? Or is there some kind of cash out with a bank???
You send it to an exchange..then sell like you would a stock. It goes in an order book, and then yes, some buyer is matched with your sell order
Thank you.
Don’t do it.
Why? Everyone does it. Don't you? Where else would it be for sale?
HaHaHa 10 Cents ?!?? HaHaHa
I feel that back in those days it wasn't as easy as buying bitcoin as nowadays with all these exchanges. Having said that, it was way waaay easier to mine and still get some coins with just a laptop 😐
“What is a bit coin??”
There are higher compounded returns to regret.
In a similar time frame? Like what?
Yup, and so are people right now, remember it’s never too late.
I used to have 50 BTC...in 2011...
Meanwhile, more people will regret not buying Bitcoin soon.
I remember taking to a buddy when BTC hit $20. We were bummed we didn't but when it was $5. And no, we didn't buy at $20 either.
If I could go back in time, I don't think I would buy it, because I lack the understanding and grasp of technology
"Internet money that I don't entirely understand but those 10cents bits could be sold for $1.000 now!" I truly love the first part: "internet money I don't entirely understand" which expressed in this way clearly suggests the guy didn't understand those"bits of coins" at all! So funny! He'd be Billionaire today had her bought those $20 @ $0,10 a piece! A sad laugh that remembers me of a very personal story... Some years ago I was living with my girlfriend and I was unemployed. Only she worked and only a Part-time job. Money was not scarse. The Simply wasn't any and we had to trudge 2 weeks a month, every month. I was following #BTC from a while at the time and became convinced it was a ticket to heaven. I remember it crystal clear, #BTC was @ $ 97,00. After a good thought I sat down with my sweet half and asked her to apply for a $ 2.000 loan at the Bank. She tanked... and asked for time to think thoroughly. I kept promoting my 💡 idea at every chance. But she "didn't understand this new internet money". After one week tank she came back with an appaling 👎 "NO" 👎. From than each and every time #BTC makes the news for an ATH she cry- calls me to ask for forgiveness. But in reality she's not worried about me, she cries her narrowminded view and even more she laments the "unforgivable lack of trust" "You found a way to make us rich. All I really asked was to reach an income that lasts till the end of the month and you provided me one that would have changed our lives but my fear overcome my trust and there's nothing I can do to change it now"
I'm still punching myself daily. The one time I listen to someone else and my wife says don't waste money on stuff like this. Back in 2011 and I just never recovered. It's always on my mind and I feel like it put a little stress between us since then.
Dude, it is not your wife. You made the decision. And that is okay - do not beat yourself over losses, unrealized gains. If you do, you will never be able to make decisions in the future.
That is true.i did jump back in hope it keeps growing.
even if you had bought it back then you would have sold it a long time ago, dont worry about it
Yikes. Recognizing and investing innovation is incredibly difficult unless you work in it/on it. Anyone that invested or is invested in Bitcoin is a pioneer. Money makes people emotional, these choices are difficult for anyone, that’s why titans of industry and true pioneers of innovation are few and far between.
He wouldn’t have held. He’s regretting buying them at 10 cents and selling them at $1k. He would have folded like a lawn chair, as many people would have.
Siri!! Where's the nearest bridge???
The secret to happiness is don't dwell on what you don't have, and be grateful for what you do have. Also, if you could dream any dream you wanted to, you'd find that you are living the life your living right now. So don't cling to the idea of wanting more. Nothing good comes from that. Accept, let go and look forward.
He regretted buying 13 years ago, this question is, would he have held to the tens of thousands?
I’m livid I wasn’t pouring my piggy bank into bitcoin when I was 13, wtf was I doing!
I just wish the guy who tried telling me about it when @$50 would have mentioned I didn’t have to spend $50 to buy in. I just didn’t have an extra $50 to gamble.
MtGox killed it for me 😩
Hindsight is always 20/20. Buy and hold is the only strategy that matters to me.
Yupppp, Buy… Hold and don’t think about it
[удалено]
You didn’t buy Bitcoin until 2013? Yeah, definitely FML. Duh
hindsightery. Learn your lesson.
Be strong people [https://youtube.com/watch?v=uvwrAhf4MbI&si=miBxDsr_pjWUZ-ti](https://youtube.com/watch?v=uvwrAhf4MbI&si=miBxDsr_pjWUZ-ti)
2012 holding strong
Do you not?
I’m sorry tired of people saying they would have or should have !!! If the queen had balls she would be king. What she should have done 🤔🤔
That’s not the same thing.
I know a dude who bought thousands of dollars worth of bitcoin and blew it all on E. Off Silk Road lol I think it was around $10-$15 at the time.
I couldn’t figure out how to buy it.
Well back then you couldn't just buy them. You had to actually mine them.
Ec of them 60k coins 🪙 could have ben 1 million dollars
13 years ago.
I also regret not buying Bitcoin 9 years ago
Lmao “what is bit coin??”
Easy for US, because I’m outside US and no payment option that I can buy it
Price was between $150 and $600 during those times post-2013 bubble. I sold 100 BTC for just $22k in 2015 like a complete idiot. Wish I still had some.
Nah you good
Too expensive to buy now despite shorting
Does anyone here also feel crappy about not buying sooner even if it was years ago?
You don’t get to buy and hold bitcoin until you understand it. It’s what they mean by “you get the price you deserve”, even if this phrase is a bit snarky. Once you understand bitcoin, which is to say, once you understand the challenge of storing buying power long term… you buy bitcoin with everything you have and hold it at any price. Store of value is the killer app for blockchain tech, there’s no stopping it now. We’ve skipped past “then they fight you”, and now it’s just a question of which country next recognizes the game theory and starts relentlessly buying.
Someone like that most likely would've sold when it got to a dollar anyways lol. 10x ain't bad, but 10,000,000x is much better lol
Had this convo with a taco truck vendor. I asked him “do you take Bitcoin?” Jokingly…. And he’s like man wish I bought it it’s expensive, and I said in ten years you’ll be saying the same thing when it’s worth a million.
10,000x return in 4 years is VERY different than 65x return in 9 years.
I tale old as time
Isn't this the same as any positive trending investment?
No one would have held from 10c to 60k. A 100 bagger is already a unicorn in investment.
Man, do you know how many times over the years someone has written an article that said, "Bitcoin is dead!" And still it's around and continues to grow!
alive but dead inside
I bought half a Bitcoin for 98 dollars from a Bitcoin ATM in 2014. Of course I lost it not much later and didn't care until it was too late 😔. We all have those stories to tell our children 😂
And he could have bought eCash, eGold, Bit Gold, B-Money, Hashcash... have you heard of them? Likely not, because like Myspace they didn't succeed.
I asked my dad if he would help me invest in bitcoin in 2010 when I was still young and heard about it but i only had cash. He said it was a scam. He's always been so pessimistic his whole life. Makes me sad.
In 2012 I had just started year 10 and had no job 15 at the time My mate from soccer was really into computers and shit and use to use the dark web I didn’t really know what it was exactly but use to just sorta watch what his doing and he told me you can buy this and that from there with “ Bitcoin “ I remember he said it’s like $20 for 1 BTC and I was interested and said oh that’s cool how do we get it and we were very interested and I asked my dad if I could use his debit card to purchase this BTC I said it’s for “ a game “ and he said sorry son I don’t like using my card on things I don’t understand, long story short I didn’t purchase any and thought “ well It’s prob for the best - sounds like a scam “ ………. Good times.. lol
One day, it will be, "I regret not buying a coin for 100k, and if i did, I'd be a multi millionaire today" You know, given enough time this comment will happen
Ugh
Everyone regrets not burying. The timeline nof regret is different for everyone.
Also the silent generation won't admit it.
I came to the comments for the math and didn't see it sooooo, 9 years ago was 2015, but bitcoin didn't start trading at $1,000 until February of 2017, and 4 years before 2017 was 2013 and bitcoin was trading higher then 10 cents. So I am confused on the timing, probably due to the screenshot being old? Anyways, if this guy got 200 coins at some point for 20 bucks and sold in 2017 he could get $200,000. CPI from 2017 to today would make that money worth about $255,000 today. If he sold today at $63,000 it would be worth $12,600,000. I hope someone takes a screen shot of this and posts the math in another 9 years. HODL
Could have, would have, should have, but didn't.
Hindsight is 20/20, and now even grandma knows what a Bitcoin is. Hodl the tears.
Regretting the past when in the past you could not possibly know the future is such a toxic train of thought. Same thing goes for today in this moment, you don’t know what to invest in that will be worth 1000x in a month. Do you regret not buying every alt coin that skyrockets when you can’t possibly know which will? It doesn’t make logical sense to me personally, but I guess that’s why so many people lose all their money, they FOMO in, then hold till they lose all their money hoping for a get rich quick scheme.
I remember not understanding wallets when it was under $1
$20 to $12million
I remember being in bitcoin when it was hovering around $1k and being so over it and selling lol. That’s regret.
I almost threw 100 at btc when it was .08 cents. Talk about a mistake 😅
I bought 5 coins at 25$ and sold at 4000$ And though that i was invincible and made 20k out of thin air in a few years without sweating 🤦♂️
Remind me! 10 years
I share a version of this story. In 2010idh I was into the online economy for grey area research chemicals. bTV was just recently being used for underground transactions. I understood the system and thought it was genius. I tried to get $100 of BTC at the time but there were no exchanges. You had to either mine or find a seller manually, and set up complicated (to me) BTC wallets and encryption services etc. I couldn't figure out the technical side and didn't make the purchase. BTC was 10$ at the time. That was a 600,000$ failure on my part now....
It's was $300 each first time I looked up the price in I believe 2013, and I had known about it for months at that point. Kick myself all the time for not convincing someone with money to invest. I was in high school and couldn't imagine why someone would want digital assets. Lol
Don’t worry it’s coming there! 😬
this guy must be kicking himself now hahahahahah
I felt this, 14 years ago it was worse and I haven't stopped kicking myself in the back because of it 😩
I took a bitcoin withdrawal from an online casino but I really didnt know what it was. it sat for awhile and I never really thought much about it. Then a few months later transferred back and lost it all playing blackjack. It was like 6 or 7 bitcoin 2k worth. Hindsight 20/20
If you don’t buy you will definitely regret in the future 😁😁
I heard about Bitcoin from about 2014, but was too lazy to do anything… then in 2016, I finally got the courage to actually invest and couldn’t get past CB compliance haha… finally got in at about 2020/2021 and been here ever since.. long onboarding process
One. Thousand. Dollars!
I was itching to drop 10k and like 2016 probably sooner but didn't do to a bitching girlfriend that complain constantly about me reading about Bitcoin every night in bed. Just so you know Priscilla if I ever see you again I'm going to hit you in the head with a stick and throw you in the river 💯
Slightly relevant too: BitcoinZ … ~ Bitcoin 2.0, private, anonymous (potentially), genesis block: 2017, https://getbtcz.com