Re: I am pretty confident we are the new wealthy elite, gentlemen.
That is actually interesting. 4 years on, the price is $200 with a high of around $1k
yup. great gains compared to the start of the thread. even still, not everyone who was around in the early days got rich. some of us didn't have anything to invest back then. the most i had at one time was about 20 coins, and that was before we broke 100. spent most of it back then too.
still looks a bit depressing, when you compare it to 2013, not only there was the ath in that year but there were also numerous other high prices, like 230 and 300 peak around april
The April peak only went as high as $265.
That is actually interesting. 4 years on, the price is $200 with a high of around $1k
yup. great gains compared to the start of the thread. even still, not everyone who was around in the early days got rich. some of us didn't have anything to invest back then. the most i had at one time was about 20 coins, and that was before we broke 100. spent most of it back then too.
still looks a bit depressing, when you compare it to 2013, not only there was the ath in that year but there were also numerous other high prices, like 230 and 300 peak around april
2013 was very exciting. Seems a bit boring nowadays.
Unfortunately I didn't hold many bitcoins back then.
I am sure we'll see it again but there needs to be something quite significant happen for this u turn.
Unfortunately, there is speculation that most of this exciting stuff (price-wise) was the result of bots operated by Mt. Gox playing with fake money.
The price is pretty boring these days and has been since the start of 2014 but when it comes to other types of news (mainstream adoption, governments, and Wall Street) I'd say it's actually more exciting than 2013.
For a long time, people have been saying that Bitcoin will spike once again when the new ETF is launched. Not sure what happened to that prediction...
That is actually interesting. 4 years on, the price is $200 with a high of around $1k
yup. great gains compared to the start of the thread. even still, not everyone who was around in the early days got rich. some of us didn't have anything to invest back then. the most i had at one time was about 20 coins, and that was before we broke 100. spent most of it back then too.
Yeah, definitely. If you look at some of the addresses of the people who were first posting in this thread, most spend their coins back in 2012. It isn't easy to hold on to your principle and keep holding on to your coins, as it may sound. Scams and Ponzi schemes are pretty tempting at times!
Not necessarily. They could have simply moved their coins. Either to an exchange or a gambling site or cold storage, etc. Or they could have had multiple addresses and bought something with all of the coins in one address and refilled their balance later into another address. Not everyone keeps their coins in the same address forever. I've probably gone through over 10 addresses since I first became interested in Bitcoin last year.
I am pretty confident that most people in this thread, including OP, have panic sold already and have given their wealth to other people for the future. It's the beauty of wealth redistribution.
Yeah, I'd be surprised if he/she was still holding all of their coins they had back at that time. Unfortunately OP's account isn't active anymore, so there's no way of seeing whether he/she is still active and what their decisions actually were, whether to hold on to their coins, cash them out, or lose them in Gox.
For an extreme example, check out laszlo. He bought a pizza for 10,000 BTC, probably sold most of his coins, and now has 0 BTC:
I spent it all on pizza long ago: https://blockchain.info/address/1XPTgDRhN8RFnzniWCddobD9iKZatrvH4
3-4 years ago there were less than 100 people frequenting this forum, and I was pretty happy to trade 10,000 coins for pizza. I mean people can say I'm stupid, but it was a great deal at the time. I don't think anyone could have known it would take off like this.
Laszlo
3-4 years ago there were less than 100 people frequenting this forum, and I was pretty happy to trade 10,000 coins for pizza. I mean people can say I'm stupid, but it was a great deal at the time. I don't think anyone could have known it would take off like this.
Laszlo
Link: http://bitcointalk.org/index.php?action=profile;u=143;sa=showPosts