Post
Topic
Board Bitcoin Discussion
Re: [ThrowBack] from $27 to $886,000
by
European Central Bank
on 24/07/2016, 23:09:39 UTC
if i know about bitcoin in 2009, maybe i wont bought it. because im not a good investor like him.

he wasn't an investor. there were no investors back then. he lucked out via academic research. you could hardly find anyone to let go of real money for it in 2010, let alone 2009.

read this - https://bitcointalk.org/index.php?topic=92.0

this guy's auctioning 10,000 btc in march 2010 and the starting bid is $50.

quote from the thread -

'$50 is somewhat of a high starting bid considering there is over ฿22,000 available for not much more per bitcoin than your starting bid. Not to mention that realistically there's probably a lot more than ฿22,000 available because if somebody bought a bunch of those bitcoins, I'm sure some people would step forward to sell more bitcoins. Anyway, I'll bite for sake of the experiment. I bid $25. How about you change the minimum bid to $30 and tell us a maximum time between bids. Perhaps three days?'

think about that. that was a little over six years ago and look where we are today.