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/biz/ - Business & Finance

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3749223 No.3749223 [Reply] [Original]

>Bitcoin was $2.69 5 years ago

WHAT THE FUCK IS THE POINT OF THIS ANYMORE

THERE ARE PEOPLE WHO BOUGHT THOUSANDS OF BITCOINS BACK THEN WHO ARE SITTING BACK AND LAUGHING AT US

>> No.3749248

>>3749223
The bought thousands and sold at 5 dollars

>> No.3749256

no they are borderline suicidal cuz they sold at 10 bucks and thought they were hot shit.

>> No.3749262

>>3749223
Most sold when it got to 1000 all the way to 100
Plenty sold before that
Peoplr bought drugs with it, bought pizzas, many have been lost

I wouldnt mind, ofc there are a fee BTC millionaires but its nkt a reason to not invest in it anyway

>> No.3749264

>>3749223
You can buy thousands right now and sell at 10k or you can buy a couple right now then buy omg then get a 20 percent value increase in the next couple of days

>> No.3749482

cryptos are purely traded using speculative analysis and i just come here to laugh and see who's up and down "through their own foresight"

its like watching a backroom roulette table

>> No.3749547

>>3749223
>bought
he didn't mine hundreds of BTCs a day! point and laugh at this retard.

>> No.3749569

>>3749547
desu this is what makes me sick

I could have mined thousands of BTC with my computer in 2009
oh well, live and learn

>> No.3749642

>>3749223
For every person who bought Bitcoin at $5 and forgot about them until now, there are:

500 who didn't bother but are now interested.
100 who sold at $100.
50 who lost them all trading shitcoins.
10 who lost their entire stack from harddrive failure.

>> No.3749985
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3749985

>tfw remember reading articles earlier this year about bitcoin hitting the price of gold ($1200)
>tfw remember thinking "heh, it won't go any higher than that, better wait for it to dip"

>> No.3750355

>>3749642

lost approx 200 by doin stuff with shitcoins (99% of altcoins are toxic over time ) or just didnt outperformed btc over time just within short timeframes ( 2 - 6 months max)
in addition lost approx 120btc 12 paper wallets

sold 25% at 1000% gains (300$), sold another 25% at 5000% 1200$, sold another 25% at 10000% 3000$, will sell the next 25% at 20000%

>> No.3750624
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3750624

>>3749223
This post in 2022:

"
>Bitcoin was $4200 5 years ago

WHAT THE FUCK IS THE POINT OF THIS ANYMORE

THERE ARE PEOPLE WHO BOUGHT TENS OF BITCOINS BACK THEN WHO ARE SITTING BACK AND LAUGHING AT US
"

>> No.3750645

>>3750624
kek this.

>> No.3750652

shh it'll bee okay anon, we're backed by the drug market

>> No.3750662

>>3749223

I actually heard about bitcoin at 10 cents or something

>> No.3750684

>>3750624
>mfw bitcoins used to be cheaper than homes

>> No.3750728

>>3749223
bitcoin is a ponzi scheme by definition
>the people early to the pyramid make $, the people late to the pyramid lose $

>> No.3750740

>itt we pretend it's 2022

>> No.3750757

>>3750728
But I got in after the bitcoin cash deal I've made profit already (wanted to get in at 1800 but didnt had the fund so got in at 3950, which became >4200 after comissions and taxes)

>> No.3750770

>>3750728
>Old shitty claim that is tediously debunked in every thread

>> No.3750774

>>3750662
It was lower than that.
https://www.coindesk.com/bought-bitcoin-2009-now-worth-983000/

>> No.3750783

When I first heard of it, the only investors were drug dealers, pimps, hitmen, and unregistered firearms dealers. How did they know?

>> No.3750800
File: 9 KB, 225x225, It+s+called+yaranaika+face+knowyourmemecom+memes+yaranaika+e3+82+84+e3+82+89+e3+81+aa+e3+81+84+e3+81+8b+_afd0b82bc92d4f18ca4e8630dc532064.jpg [View same] [iqdb] [saucenao] [google]
3750800

>>3750740
>mfw I blew a whole 0.5 BTC on a coke fueled hooker fuck-storm in vegas for a month and still had enough left over to buy the new aston martin
>I dont know who he was but the guy who keeps posting the "we're all gonna make it brahs" threads was right

>> No.3750813

>>3749223
Most people who had thousands sold at milestones like $50, $100, $500, $1000 etc..

Lots of BTC is gone forever because people didn't realise how valuable it would actually be, like that dude who lost all his 7000 mined coins when he threw away his harddrive and it ended up in a landfill.

So, today's another day. The first day.

>> No.3750814

>>3750728
by that logic literally everything in life is a ponzi scheme

>> No.3750829

>>3750783
Anonymous money is always wanted in that scene.
Meanwhile I was busy playing World of Warcraft and didn't turn bizraeli yet.

>> No.3750840

>>3750783
Smugglers and black markets have always been pillars of innovation.

>> No.3750854

>>3750814
yep, the same can be said about TSLA stock or any major tech stock for that matter.
if you have regrets about not buying BTC earlier, you can logically have the same feeling of regret regarding FB, GOOG, AMZN, NFLX, TSLA, etc. all were under $10 at some point in the past. but many were too busy jacking off to internet porn and didn't have the focus to take a risk and bet on these.

Even Ripple was under $.01 at some point earlier this year, wasn't it.

Hindsight is 20/20

Stop with these regrets and start hunting for the next big win.

>> No.3750855

>>3750728
I'm pretty sure the first people who had paper money and regulated it were the richest

>> No.3750880

>>3749223
Back in 2011 I gave away several bitcoins as fucking donations to crappy websites and gambling sites because there was pretty much nothing else to do with bitcoins back then.

Best thing to do is regularly get a small amount, whatever you can comfortably afford to lose each month, and just HODL it. Keep doing that, especially on the dips and before you know it you'll have a nice stash, which will hopefully be worth a lot more than it is now.

>> No.3750932

>>3750880
>gambling sites
Always bet on the house lol.

>> No.3750947
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3750947

I bought 1.93 btc for 65 euros each and 3.3 for 73 euros each.

right now i have 3-4k in crypto and most is from mining ethereum early in the game with my single gpu.

>> No.3750958

>>3750728
Ponzi scheme definition: "a form of fraud in which belief in the success of a non-existent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors."

That is almost the exact opposite of Bitcoin, which is deflationary by nature. If anything fiat currency is closer to a ponzi scheme because the early adopters of it have much more purchasing power and over time it inflates to eventually become worthless. Ie. $100 dollars back in 1917 has since lost more than 95% of it's purchasing power in the last 100 years.

>> No.3750982
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3750982

>>3749223
>linkchain is forty cents today

>> No.3750983

>>3750840
yeah, same reason why pornhub's video player is the best one out there. better than even youtube.

>> No.3751010

>>3750854
hint: chainlink

>> No.3751092

>>3749985
Literally me

>> No.3751127

>>3749223
>THERE ARE PEOPLE WHO BOUGHT THOUSANDS OF BITCOINS BACK THEN

You have to realize that the very vast minority of those people have held on to those coins for 5 years.