[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 20 KB, 544x363, 1656589296381.jpg [View same] [iqdb] [saucenao] [google]
50067550 No.50067550 [Reply] [Original]

Why weren't you buying Bitcoin in the early 2010s? What were you doing instead that was more important than having life changing money?

>> No.50067575

>>50067550
too young didn't have bank account and too stupid, didn't know how to mine. I tried and literally thought it was for geniuses.

>> No.50067579

>>50067550
I wanted to in 2012, but I had no money or bank account

>> No.50067594

>>50067550
i ried to mine in 2011, laptop got hot and did nothing

tried to buy in 2011 no where to buy in my country

>> No.50067609 [DELETED] 

I was going when Stefan Molymeme was shilling it in 2012. Then I spoke to people about it, and they were like

>"OH DONT LISTEN TO STEFAN MOLYMEME" HIM AND HIS WIFE ARE MAKING PEOPLE DEFOO FROM THEIR FAMILIES, ITS A CULT, DONT BUY ANYTHING HE SAYS TO BUY, THATS A FUCKING SCAM BRO, DONT LISTEN TO HIM, YOU'LL BE ALL ALONE AND POOR IF YOU KEEP LISTENING TO STEFAN, I SERIOUSLY ADVISE YOU TO STOP LISTENING TO STEFAN RIGHT NOW AND FORGET ABOUT ANYTHING HE TELLS YOU TO BUY, HES AN EVEN FUCKING PERSON AND SHOULD BE ASHAMED OF HIMSELF FOR SPREADING ALL THAT BULLSHIT TO IMPRESSIONABLE YOUNG MEN LIKE YOU

>> No.50067610

mined on a laptop, bought drugs on silkroad1. yea that was dumb.

>> No.50067628

I was going when Stefan Molymeme was shilling it in 2012. Then I spoke to people about it, and they were like

>"OH DONT LISTEN TO STEFAN MOLYMEME" HIM AND HIS WIFE ARE MAKING PEOPLE DEFOO FROM THEIR FAMILIES, ITS A CULT, DONT BUY ANYTHING HE SAYS TO BUY, THATS A FUCKING SCAM BRO, DONT LISTEN TO HIM, YOU'LL BE ALL ALONE AND POOR IF YOU KEEP LISTENING TO STEFAN, I SERIOUSLY ADVISE YOU TO STOP LISTENING TO STEFAN RIGHT NOW AND FORGET ABOUT ANYTHING HE TELLS YOU TO BUY, HES AN EVIL FUCKING PERSON AND SHOULD BE ASHAMED OF HIMSELF FOR SPREADING ALL THAT BULLSHIT TO IMPRESSIONABLE YOUNG MEN LIKE YOU

>> No.50067685

>>50067550
I was at uni and bought some for £30 each and bought mdma with it. Why would I buy digital coins for anything else when I had a credit card that could do the same? If I was older and wiser and knew how shitty the government was I’d have held some. Also had about 0.1 stolen by the fbi when they closed down one of the DNMs. It was nothing at the time so I didn’t really care. Sucks but what can you do.

>> No.50067696

>>50067550
I knew about bitcoin from reading slashdot
It seemed superficially just like paypal but more volatile
>it like WoW gold but there is no game?
Friend that played mmorpgs
>we cant use that in our country for weed, how would you force retards to pay you $5 online just for a baggy its too much hassle
Friend that was into weed
>I would make an online bookies like William Hill
Me
>why dont you mine it with your new computer instead of the folding@home thing you do
Friend that was into 3d modelling

After like more than a decade you get over it and copium helps to forget it all.
And on top of it the pirate party was asking donations in bitcoin in 2011 and I had a big leaflet from joining with their address and directions how to buy and donate.

>> No.50067703

Bought and sold drugs. Would've been nice if one of you told me I was spending potentially millions of dollars to make 3k over a summer.
In hindsight I bought high and sold low AGAIN.

>> No.50067716

A friend of mine actually wanted to invest when he was 14, that was in 2010.
His Mom didnt allow him to, what a shame.

>> No.50067723

>>50067550
too busy spending money on LoL skins
too busy playing SWTOR
too busy playing WoW

i didnt care about money... now....

>> No.50067740

>>50067550
I did but sold in 2013. this is worse than not having bought

>> No.50067839
File: 58 KB, 256x374, Need-for-Speed-World.jpg [View same] [iqdb] [saucenao] [google]
50067839

>>50067550
didnt know it existed.
funny thing is i remember playing need for speed world back then and thinking, man, wouldnt it be cool if i could somehow turn game points into real money?
so i started searching for things like "internet money" but i didnt get any results related to btc.
i also was playing fps games but no one in the forums or in game chats ever mentioned btc.
it was years later that i watched max keiser shilling btc like there was no tomorrow.
as soon as i heard about it i tried to buy with a credit card but the only way to buy was passing kyc in bitstamp or paying a huge premium on virwox.
since i have no utilities bills to my name i had to photoshop one, kek.
ended up buying the 2014 top.

>> No.50067874

>>50067550
Because people I then respected told me it was never going to be useful or amount to anything and retard that I was, I followed their advice.

>> No.50067899

I sold runescape gold for 100s of bitcoins but always instantly changed it to USD...

>> No.50067905
File: 9 KB, 269x187, images.jpg [View same] [iqdb] [saucenao] [google]
50067905

>>50067575
You have all the opportunity now anon. Btc will get bigger and this price will be nothing. Good thing you can even stake it now. A win still.

>> No.50067918

I didnt know how to eat with a spoon yet in 2010

>> No.50067919

>>50067716
yes same thing happened to me, i was around that age, a year older, tried to convince my father to buy. he had already lost his business from the recession so he didn't want to take any risk. we were virtually homeless after, which is understandable some wouldn't want to take another risk. fortunately he now after all this time has gotten into crypto but it was hard to convince.

>> No.50067956

>>50067716
>cockblocked by your mum
EVERY
FUCKING
TIME

>> No.50067980

>>50067874
Learn to think for yourself dude. Would have fallen for celsius if I was listening to everyone. Now I pay more attention where I put my funds. I hate CEX staking but anchor and freeway works for me.

>> No.50068001

Almost everyone you meet has a story about how they heard about bitcoin early and was so close to buying it or mining it but then [insert excuse].

Most people who had an internet connection read about it at some point, but most people thought it was a scam and ignored it. They are just too embarrassed to say that now

>> No.50068017

>>50067919
Wtf. I bet you knew nothing about crypto and investments at the time. Your nose is so big now fag.

>> No.50068043

>>50068001
no i'll admit that. it was a way to get some decent weed when there was a prolonged local shortage. beyond that it seemed like a huge scam and i never bought more than i wanted to spend.

>> No.50068047

>>50067905
you cant seriously compare the thousands of percent gains from the early days to todays shitty gains...

>> No.50068050

>>50068001
people who actually used bitcoin like me

>>50067899

used it for its actual purpose then cashed it out, hording it was a different mentality which seemed pretty crazy at the time, hell I question the brain capacity of anyone who didn't cash out when it went x10 from like 5$ to 50$

>> No.50068090

>>50068047
Of course not. Being early is the goal anon but opportunities are also endless. You make use of what you have at hand.

>> No.50068152
File: 100 KB, 625x726, 1653722482680.jpg [View same] [iqdb] [saucenao] [google]
50068152

>>50067550
I really didn't understand it well back then. I was interested, but didn't really have the tech background to get involved. Was busy with work, family, and daily grind. Have spent the last 2 years trying to catch up. We are still early.

>> No.50068210

None of us were psychic at the time. Not the mention the faggy "magic internet money" ads you would see for it, who would take it serious.

>> No.50068275

>>50068152
Aren't all these people super high IQ and have banger careers? One things is finding success for a while but they kept growing that can't be luck alone can it?

>> No.50068343

>>50068275
eh that kind of money is self-sustaining at a certain point, you just listen to your teams of advisers.

>> No.50068353

>>50067550
I was buying bitcoin in 2011, and I spent it all on a certain website and stopped using the coin in 2013 when it got shutdown

>> No.50068418

>>50067550
>1 post by this id

>> No.50068434

>>50067550
I tried mining bitcoin in 2010 but then wolfenstein enemy territory was lagging too much so I keep just playing reeeeee

>> No.50068461

I basically thought it was going to self implode up until the covid crash.

I remember thinking $1,000 was crazy. I remember thinking $15,000-20,000 on the next bubble had to be the very most inflated it could possibly get.

When all markets collapsed and bitcoin still had a 5k USD value, it finally clicked that "Oh, its genuinely not going to go away is it." and then I started actually researching and learning and trying to understand why it had not yet collapsed.

Turns out it isn't going to collapse. Pretty neat.

>> No.50068488

I was fudded out of it by people whom I thought were clever.

>> No.50068510

>>50067550
I graduated high school in 2011. I remember hearing about BTC from a friend that was really into World of Warcraft. I couldn't wrap my head around it at the time and i was 18 and obsessed with my girlfriend and typical 18 year old shit.

>> No.50068550

I was buying Bitcoin in 2012. I dropped out of college to buy up more, nobody fucking listened to me. Not my parents, not my siblings, not my girlfriend, not my girlfriend's siblings, not my girlfriend's aunt and uncles, not her extended family, not my ex-employer, not the company founder, not the company accountant, not the company CTO, not the operations manager, nobody. I don't care about what they think because they're all demonstrably retarded losers.

>> No.50068560

>>50068343
turning 300k into fucking Amazon is certainly not that easy to do. There are millions of people who have gotten 100-500k from their parents to start a business with and I'd wager that less than 0.1% on them turned that into a multi billion $ company.

>> No.50068566

>>50067550
i was too cynical and depressed at the time and never bothered to investigate. i always knew something was up with the financial system, i didnt understand how so many people got rich without producing anything. im a precious metals bag holder at the moment but 20% of my total savings is in crypto right now and that is at about a 50% loss. i feel like a fucking loser, literally the one time it would be smarter to hold cash i went and bought a bunch of garbage

>> No.50068574

>>50067550
I had a girlfriend

>> No.50068731

>>50068566
You don't buy pms to make a profit. You buy pms in case the currency your country uses fails and you need to get the fuck out or roll the pms into another currency. Case in point Brazil. I hold a lot in pms and don't give a fuck about spot price. I use my other money to invest and make money. The pms are there as a net so I know no matter how bad I fuck up I won't go to 0.

>> No.50068774

>>50067550
>Why weren't you buying Bitcoin in the early 2010s?
I tried repeatedly, there was no way to buy a significant amount from where I lived. Fuck Coinbase for not supporting my region, fuck them forever.

>> No.50068863

>>50068731
im not really worried about the physical i hold, but the mining and commodity stock have been disappointing. i picked some real losers and the ones that are doing well arent enough to keep it afloat

>> No.50068913

>>50067550
i remember first time i saw it was 12$
i can't forgive myself for this

>> No.50069430

>>50068050
>people who actually used bitcoin like me
Sure, it did happen to some people. But like 90% millenials you talk to say that shit. And we both know most of them are bullshitting because back then it was a nerdy thing that almost everyone thought was a scam except for the geekiest geeks

>> No.50069598

I was playing minecraft and having the time of my life damn i can’t believe my childhood was like 8 years ago now

>> No.50069820
File: 143 KB, 1024x762, a1a.jpg [View same] [iqdb] [saucenao] [google]
50069820

>>50067550
I was 6 in 2010

>> No.50070018

I'm mainly a midwit. Cryptocurrencies were a meme up until about 2016 or so.