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/biz/ - Business & Finance

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12601346 No.12601346 [Reply] [Original]

Is there any investment today that's equivalent to buying BTC in 2010? Meaning at least 1000000x growth in the next 5 years?

>> No.12601365

No

>> No.12601368

Yes chainlink

>> No.12601369

>>12601346
yeah for sure let me just tell you all about them

>> No.12601379

>>12601365
So bitcoin was a once in a lifetime thing?

>> No.12601540

>>12601346
I ask myself the same question. I've heard asteroid mining could be it.

>> No.12601574

>>12601379
Definitely, probably a once in a millenia thing

>> No.12601581

Probably WTC

>> No.12601605

your closest bet is probably HoloChain if you can hold for a few years. I really can't think of anything else.

>> No.12601607
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12601607

>>12601346
No, it was a once in a lifetime event, maybe a once in a human history type of event.

Nothing would ever have given you the kind of returns where a timely $10 investment of electricity could have turned into a $100 Million.

Even if you bought Amazon in 2000, you wouldn't have made it as much as with Bitcoin (and you would have had to wait 20 yrs for the ATH). The only thing that comes close to buying 2010 Bitcoin would have been something like starting Facebook, which would take a lot more luck and hard work than just double clicking an EXE in 2010.

The worst part is a lot of us oldfags here were on /g/ in 2010 when there were regular shill threads encouraging us to mine--yet still never did it.

>> No.12601669
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12601669

>yet still never did it.
delete this.

>> No.12601677

>>12601346

Dogecoin

>> No.12601679

>>12601607
Yup, I knew about bitcoin mining back then but I thought it was just a dumb meme like "install gentoo".

>> No.12601693

>>12601346
LINK

>> No.12601698

>>12601607
>>12601669
>>12601679
How do you guys live with yourselves? How do you not an hero?

>> No.12601705 [DELETED] 
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12601705

>> No.12601711

>>12601698
I'm still holding out hope that my crypto holdings will at least 100x some day.

>> No.12601761
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12601761

>>12601679
>Yup, I knew about bitcoin mining back then but I thought it was just a dumb meme like "install gentoo".
Feels.

I literally FILTERED the buttcoin threads. But I actually did install Gentoo and Arch, which took 1000x the effort for $0 reward.

I swear to god I will be thinking about this on my deathbed.

>> No.12601786

>>12601346
buy shitcoins like req and nkn, they're dirt cheap right now. they won't moon because franch/chink hustle but if somehow they pull it off you'll make x50 just mooning to 1$, which was already attained by req, big risk big reward fren

>> No.12601797

>>12601540
Remember what happened when the conquistadors brought back all that gold they pillaged from the heart rippers? Ron Paul wept. Asteroid mining holds the same promise, plus the possibility of unleashing aome Andromeda Strain-type pathogen.

>> No.12601827

>>12601786
Ok but 50x isn't even close to what I asked.

>> No.12601870

>I literally FILTERED the buttcoin threads. But I actually did install Gentoo and Arch, which took 1000x the effort for $0 reward.

holy shit hahaha im so sorry my man

>> No.12601889

>>12601540
>asteroid mining could be it.
Everyone would immediately see the potential in that, driving up the price of the stocks of the companies doing it. Same as cannabis stocks. Everyone knows weed will eventually be legal everywhere. That's why the price of weed stocks are so overvalued.

To make big money you have to be crazy enough to invest in something that no one else believes in, and be lucky enough to have chosen the 0.001% of things that nobody believed in yet succeeded.

>> No.12601907

there are bubbles all the time. one of them in 2020s will be related to bio-hacking. IoT will cause a bubble. the flying car meme will cause a bubble. BTC still has a huge growth potential. 5G will be a bubble. there will be another bubble of gold/silver within our lifetime. there are also crypto projects currently valued less than 10MM right now that will easily hit 1 billion market cap because of their relationship with certain technologies and bubbles.

>> No.12601960

>>12601346

link

>> No.12601982

>>12601346
ADA

>> No.12601990

>>12601907

>Crypto projects

Which ones?

>> No.12602086

>>12601990
the one I was thinking of specifically when I wrote that deals with spatial tracking/decentralized mapping and already has connections with IoT alliance. not trying to shill my bags but if you care enough you can figure it out with that information.

>> No.12602110

>>12601346
Winning lottery ticket

>> No.12602126

Buying btc at 1k in a few months

>> No.12602131

>>12601346
Yes

>> No.12602142

>>12601368
fuck off you delusional twat.

>> No.12602148

>>12601346
Yes but these projects were not mentioned on 4ch

>> No.12602154

>>12601761
Anon, here's the thing. Let's say you did buy/mine some bitcoin back in 2010 when it was $0.008. You probably would have sold once it hit $1, or maybe $10. It's very unlikely you would have held this long (or sold when it hit $20k).
Even if you did, you'd be kicking yourself for not buying more or whatever. In short, hindsight is 20/20 and you can't beat yourself up over thing like this.

>> No.12602198

>>12602154
That's a retarded argument. Even if you wanted to sell at a profit, nobody would be dumb enough to get rid of 100% of their btc, and even if you kept just 10% of it, you'd still have millions of dollars today.

>> No.12602277
File: 92 KB, 1660x535, cryptotot.png [View same] [iqdb] [saucenao] [google]
12602277

youre ticket to wealth in 2-3 years here you go

>> No.12602311

>>12602154
>Let's say you did buy/mine some bitcoin back in 2010 when it was $0.008. You probably would have sold once it hit $1, or maybe $10. It's very unlikely you would have held this long (or sold when it hit $20k).
I have heard this argument over and over, but I honestly don't think it applies to me. I am INCREDIBLY lazy. Had I mined, I wouldn't have even bothered to find a way to sell it until the bull run would have reminded me that I had it. Honestly the bigger risk would have been me losing my keys.

It's easy to hodl on to something you got for free/near free. The upside is unlimited. It's the nature of greed. Why do you think so many gigawhale wallets still haven't budged in the past several years?

>> No.12602411

>>12602311
Just think about it. If you where to lose your keys with 10.000 bitcoins probably you where dead by now...

>> No.12602415

No but $fota is the best alt play right now and it’s not even close

>> No.12602437

>>12601797
>>12601889
https://www.google.com/amp/s/amp.ft.com/content/fb420788-72d1-11e7-93ff-99f383b09ff9

>> No.12602449

>>12601379
Once in the entire lifecycle of the earth thing. Sucks ya missed it.

>> No.12602474

>>12601574
This right here.

>> No.12602687

>>12601346
You, your children, and your grandchildren will likely never see another 1000000× like bitcoin. Bitcoin wasn't even purchasable when it was valued in the pennies. You had to mine it and you you had to know some coding to get started and it made your computer constantly overheat and come to a stuttering halt while increasing your electricity bill because computers weren't designed with mining in mind back then. Almost everyone thought it was a total scam back then including the investors. It was just a new tech that people were just trying out. Nobody really expected to get rich with it. Devs mining the coin treated it as a fun side hobby.

>> No.12602729

>>12601346
Naw senpai. If there were would you find out about it here?

Now that you have your answers kill your celf and Fucking back off to tumblr.

>> No.12602778

>>12601607
The Internet boom was the same thing, same with smart phones, every decade has an event like it.

>> No.12602780

>>12601379
Yep. We all missed it.... hence why we're still here.
Could have been a fucking billionaire..

>> No.12602840

>>12602687
Do you know when it legit became purchasable instead of having to mine it?

>> No.12602883

>>12601379
there's never been anything like it in the history of money. yeah, you missed it.

>> No.12602887
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12602887

I was about 14 during OP's pic, and was actually mining Bitcoin at the time, but got bored and thought nothing would become of it. Uninstalled my miners and lost my wallet. Feels great desu

>> No.12602922

>>12602311
bullrun to $1 was epic. you would have sold too. maybe if you were smart you'd have kept 10%, but you'd have just sold at $10 or $100. the only people who have bitcoin from back then are people who lost their hard drives for a few years or forgot all about BTC until they heard NPR talking about it.

>> No.12602961

>>12602729
Hah it'll be talked about on /g/ before biz

>> No.12602995

Asteroid mining

>> No.12603010

Im sure there will be another coins because jews killed BTC. BTC is not the libertarian coin that people dreamed, not only because jews but the tech is shit. So I bet there will be another "Bitcoin".
Now, the thing that really bothers me is that the goverment, at some point, is going to prohibit cryptocurrencies but I think it's been decades before that happens

>> No.12603011

>>12602198
>nobody would be dumb enough to get rid of 100% of their btc
You are severely underestimating how stupid some people can be.
I literally passed on Monero in its infancy simply because they took forever to make a GUI Mac wallet where I could hold the coins. I gave them a few weeks to do it, then passed on it while seeing that as a sign of an amateur crypto project, and didn't even bother to check occasionally for a wallet update.
Keep in mind I KNEW that it could have a great potential increase in value due to its claimed privacy features. It wasn't like with bitcoin's early days when few could have predicted how big it would get.
As mad as I am over missing the BTC train despite hearing about it in the early days, I don't lose sleep over it because I knew it wasn't meant to be; I didn't give a shit about crypto back then, and probably would have sold my entire stack at $5 anyway not knowing its true potential ceiling.
But Monero.....holy shit.

>> No.12603017

>>12602995
The earth is flat there are no asteroids

Next

>> No.12603018

>>12602922
>hmm this bitcoin has been giving me unprecendeted gains over and over
>better sell every last one of my coins now and never look back
Anybody who follows this line of reasoning is legitimately a retard.

>> No.12603073

>>12603010
Government = evil srs

>> No.12603114

During the /g/ shilling phase, I had two thoughts:
1)Wait so everyone is going to have to cart around a copy of the entire history of every transaction? That's seriously how it works? That's stupid.
2) Only 21 million? That's not enough. No one is going to want to deal in partial bitcoins.

>> No.12603139

>>12601346
You won't see Bitcoin growth like it did from $0.1 to $20000 anymore, but $1000 to $1000000 within the next 10 years is easy dabble in some shitcoins and you can get a 1000000% growth with a little effort

>> No.12603147

Unironically OWN (CHX). May be the first in this space to hit a $1T market cap.

>> No.12603148

>>12601346
Chainlink will at least be worth €100.000 each. So yes

>> No.12603173

>>12603148
Chainlink will never have the exponential growth bitcoin did, bitcoin went from $0.01 in 2010 to near $20000 that's a 19million% increase, the best you can do to attempt such an exponential growth is by doing a combination of things like dabbling in bitcoin when it hits 1k and then dealing with shitcoins after but you have to play your cards extremely well it's not as easy as 2010 were you just had to sit on bictoin

>> No.12603718

>>12602840
The first time a price estimate was put on bitcoin it was valued at 1,309.03 BTC to one U.S. Dollar, or about eight hundredths of a cent per bitcoin. The rate was derived from the cost of electricity used by a computer to generate, or “mine” the currency. No one actually traded bitcoins for anything back then.

The first time bitcoin was tradable on any actual exchange was mtgox which opened for business on July 18, 2010. It started trading on mtgox for 7 cents per bitcoin. Ten days later it was 6 cents per bitcoin. If you held your coins on an exchange for a year or longer you were asking to get your coins stolen because hacks were common. Mt. Gox the largest exchange at the time was Hacked on June 19, 2011. 5000 bitcoins were stolen from 600 different wallets.

Before mtgox if you wanted to buy bitcoin you had to contact a person that claimed to have bitcoin, send them usd with paypal and wait for them to send you your bitcoins. If they didn't, tough luck.

Bitcoin went through alot of restructuring and hard forks to fix program breaking bugs before hackers had a chance to exploit them back then. Back in between 2009-2012 bitcoin has not infallible or very secure and neither were exchanges. It took days to send bitcoins around. It just was not a great system and if the devs didn't stay on top of things for any newly discovered hack bitcoin would have completely failed. As an example, on august 15th 2011 a hacker was able to print over 184,467,440,737 bitcoins out of thin air. Bitcoin was not a smart buy back then.

>> No.12603728

yes but idk what it is

>> No.12603833

>>12601607
dont listen to these loser faggots. crypto is still in early acces, thats why i buy every single coinmarketcap top100 shill, we are so early that you get alot of token with lunch moneys and thats not a big loss if it was a scam. sure there will be new opportunities.

>> No.12603843 [DELETED] 

>>12603718
Oh i forgot to mention, just purely as a what if, the lowest price you could have bought bitcoin from an exchange for fiat was for about 1 cent per bitcoin and that was purely because of the june 11, 2011 mtgox hack where a hacker stole 5000 bitcoins and market sold them until bitcoin hit 1 cent. If you bought at 1 cent you would have been buying stolen bitcoins from the hacker though.

>> No.12603878

Ripple will be the next 33000x bitcoin.

haters gona hate 4 sure but look at dat shit, its cmc top 2 with billions of volume, banks behind it, usa behind it. if you look coinmarketcap history ripple has been in top ten for half a decade, unlike many else coin which has died. ripple is so super cheap that you get 10 ripples with 0.001BTC, soon it will not be this low.

>> No.12603900 [DELETED] 

>>12603718
I forgot to mention, just purely as a what if, the lowest price you could have bought bitcoin from an exchange for fiat was for about 1 cent per bitcoin and that was purely because of the june 11, 2011 mtgox hack where a hacker stole 5000 bitcoins and market sold them until bitcoin hit 1 cent. If you bought at 1 cent you would have been buying stolen bitcoins from the hacker though.

It also took multiple days just to process a single transaction on bitcoin to send coins from 1 address to another so it was just not a great system at the time.

>> No.12603925

>>12603718
I forgot to mention, just purely as a what if, the lowest price you could have bought bitcoin from an exchange for fiat was for about 1 cent per bitcoin and that was purely because of the june 11, 2011 mtgox hack where a hacker stole 5000 bitcoins and market sold them until bitcoin hit 1 cent. If you bought at 1 cent you would have been buying stolen bitcoins from the hacker though.

>> No.12603938

>>12601346
Nobody knows. Anyone telling you they do know is lying to get something from you. Fuck off with this bullshit.

>> No.12603962

>>12603011

I kinda know that feel bro, I never believed in bitcoin because when I first looked into mining it I read you need to buy an ASIC just to mine it which sounded retarded as fuck to me(still does) but man do I feel shitty for missing ETH...fuck me man it hurts every fucking day.

>> No.12603971

I dunno if there will be another Bitcoin in the sense that you could have theoretically bought it sub 1 penny and watch it grow to 20k.

But Antshares ICO went from 3.6 cents to $162 in 18 months. That's a 4400x increase in 18 months.

>> No.12604053

>>12603718
So if all these numbers are right and you loaded up at 6.5 cents and held until ATH ($19,991), you'd have a 307,553x increase. This probably isn't going to be touched, and if it is, Bitcoin will be above that ATH and thus Bitcoin will still have had the better ROI.

Ethereum at it's peak went from 31 cents at ICO to $1407, a 4538x increase, similar to Antshares.

Or you could have just gotten in on the raiblocks faucet distribution for free and sold the top for infinite returns (though I dunno if anyone was able to sell anywhere near the top?)

>> No.12604099

Even in mid 2011 an outdated hd5850 in a good pool could mine a few btc per week

>> No.12604108

>>12601365
this

>> No.12604109

>>12603925
Very interesting. Thanks for sharing.

>> No.12604132

>>12602086
XYO?

>> No.12604712

data mining

>> No.12604963

HOT.

>> No.12605601

APL Apollo

>> No.12605775

>>12604053
XVG did x20000 in 2017 alone but you literally needed to accumulate at 200-1000$ volume.

IOTA did x30000 from ICO price also in 2017 alone. NXT did x125000 ICO price.

We could see specific alts doing more ROI than BTC if another bullrun ever come.

>> No.12606452

>>12601346
Mining shares... real mining.

>> No.12606468

>>12601379
It was a once in an eon thing. It was the most expansive growth of any asset ever (excluding hyperinflating currencies)

>> No.12606573

>>12601797
not the same as btc. you need good amount of capital to invest in something like that right? not the same as buying $10 BTC in 2010

>> No.12607366

>>12601605
this tbqh