/biz/ - Business & Finance

I did
then I spent it on steroids and weed

>>19817127
No exchange platform to buy, didnt know how to do it and too lazy to search

Here is the crypto pink pill, there is a haircomb living in the Bitcoin blockchain. Natasha Otomoski is unironically Satoshi. Bitcoin as electronic cash was just the first step, the haircombers start making more powerful haircombs, wider merkle trees, cheaper and more efficient liquidity stacks. These things the haircomb need to survive. Once entrenched fully, the haircomb would be able to slowly comb literally even bald people
Natasha stumbled into creating the haircomb after she combed her hair in her bedroom in 2019 and started working with her combined super fuzzer, running simulations of the OP_RETURN statement on pay to witness script hash bitcoin script. She would 'evolve' the haircomb by adding additional teeth, making the previous teeth shorter and more efficient to compute. The haircomb needs more and more teeth in order to have shorter and shorter teeth.
Quantum computer was created to take over and stop Bitcoin (they have their own competing blockchain in the works). They did the needful to stop or slow down Natasha's haircomb. They started by unlimiting the block-size and removing critical Segwit and P2SH codes the haircomb uses in its go language. Shor's algorithm was the final nail in the coffin, which destroyed ECDSA on the bitcoin chain (Bitcoin uses ECDSA to secure transactions). THIS is why Haircomb was invented, and this is why Natasha is so intent to make bounded haircombs, release the original code, and lock down the haircomb-protocol.
Back to comb supply - Natasha has developed a breakthrough new claimer (designed for her haircomb actually), and is claiming COMB in secret for the sole purpose of driving up the claiming fee sky-high, then give away the comb to kickstart the adoption and ensure that all haircombers make it

One of my friends bought an epson printer in 2011 with BTC... I think he might have overpaid

>>19817186
Lmao

>>19817127
Because it was nerd money you had to buy on a Magic The Gathering trading card game website. I still to this day have no idea why BTC ever became anything more than a toy.

>>19817127
why the fuck arent you buying hundreds of bitCoin now?

People are stupid and think it i just to good to be true to be able to buy bitCoin at 2013 prices in 2020.

https://medium.com/@xiaohuiliu/introduction-to-bitcoin-smart-contracts-9c0ea37dc757

thinking anybody, even CSW could stop this moon mission. NGMI.

>>19817127
I had 50 btc in 2012 as part of some giveaway i dont remember, then i just forgot where i had them and here i am regretting it

>>19817156
lmao me too
I had like 50btc but spend it all on the deepweb

>>19817127

Dad told me it was just a fad.

Fucking boomers.

>>19817127
i was going to put $100 on it the first week it was released. It was less than a penny for one. I was underageb& in high school at the time, parents convinced me it was a stupid idea. Biggest regret of my life.

>>19817127
I bought 8BTC in 2013 for $500 each. They went up to $1,000 each then back down to $500 and I said eff this and sold them all.

>>19817127
I heard of it in 2015 and it was so badly explained to me I thought it was the biggest scam ever. It required an effort I was not willing to give.

>>19817127
i lived in the third world and didn't have access to a way of putting money into the internet

>>19817562
Ethereum is a better settlement layer due to tokens.

>>19817274
It’s because it cannot be manipulated or hidden. It can’t be printed to non existence. It is secure. The monetary value may be manipulated, but the product itself cannot be tampered with. There isn’t 20,000,000 bitcoin hidden out there by a sneaky bitconnect leader.
There could be 10x as much gold out of the ground hidden and sold off in small quantities to protect the value of the PM market. Many variables.

Because it's useless

>>19817127
I kept thinking that I had missed the boat.

>>19817628

>>19817761
dude, ethereum got fucked by some hitty kitten tokens. ETH 2.0 in July.... did I say July? I never said July, I never read July.

I was 10

>>19817127
I actually fucking read about it that early.
I knew how the technical details worked:
- public-private key pairs, with the public key as receiving address
- private key as spending key
- (this was before P2PKH, yes it was that early)
- double spending is solved by putting transactions in blocks which are mined
- (which is also how new coins are introduced)
- mining is done by solving a hard math problem, which is easily verifiable once solved (i.e. PoW)
- I even knew the "math problem" is brute forcing a hash (being a dev, I knew what a hash was)

BUT the thing I was reading somehow magically omitted the economic side of it all
- how there will only be 21 million of it EVER
- how the scarcity just increases over time, due to halvings
- and how anything with similar scarcity, like gold or RuneScape party hats, just continually rose in value over time
- and that this was all intended from the beginning, as seen in Satoshi's message in the genesis block about being on the brink of another bailout.

ALL of that info was missing.

Instead, the thing I was reading, after discussing the technicals above, framed it as internet funny money some nerds are just trying out, not even worth cents. It basically pushed it's opinion that it was nothing more than a toy to the reader.

Since it was so comprehensive already about the technicals, I never bothered reading anything else about Bitcoin, thinking I knew enough about it, not realizing it was a biased incomplete reference, with the economic relevance of Bitcoin COMPLETELY OMITTED.

Seriously, fuck the guy who wrote it.

I cashed out when it got to $60 when I invested a couple hundred under a dollar
I was happy at the time

>>19818549
This. It was lack of need to know information. The first time I ever heard of BTC it was I think a /b/ thread in 2011. Some zoomer started a thread saying that the experiment had failed and the price had just crashed from $30 to >$3. It was a hit and run shit post like you see on /biz/ with no stats or details just half-baked opinion. Also I though of super mario when I read "coin" so I didn't take is seriously until 2013 when andreas antonopilis when into deep academic, cryptographic, macroeconomic, and philosophical detail over many many hours but by then It was crashing again from $1k.

I tried but it was very difficult for non tech people in the us.

>>19817164
This, also it seemed to good to be true at the time.

>>19817127
I was really young when i heard that internet coin was worth 10 dollars. I thought it was super much money

>>19819461
>>19818549
I find it extremely annoying that so many references omit this part about Bitcoin, when it is one of its fundamentals.

Even early cypherpunks understood that, seeing as how the VERY FIRST response Satoshi got, after releasing the very first working software version, was a $10 million dollar Bitcoin prediction from Hal Finney (pic)

>>19817127
>Why the fuck did you not buy hundreds of BTC when you first heard about it in 2011?
I heard about it at the very beginning.
I thought the market would be flooded with currencies so they'd be worthless.

>>19819806
thank you fren

>>19817127
Pretty lazy and was a gold/silver stacker. So in my mind, you aren’t holding it, it doesn’t belong to you. Especially after the market scare of 2008, which I was glued to, I was thinking electronic money was the absolute last place to be. So I had heard people begging others to get in, I just shrugged it off.

cause iwas 16 and more worried about getting drunk