Post
Topic
Board Economics
Re: holding bitcoin from early 2010 till today
by
justdimin
on 07/04/2021, 18:52:02 UTC
is there someone holding  bitcoin from early 2010   when the price is around 0.01 and still not selling today?    just wondering?
Everybody thinks that if they bought bitcoin in 2010 they would also be holding today and would be super rich, I have been around longer than most people here, I have been here for a long long time and I have met with people who bought bitcoin under 100 dollars and I have met with some people who bought under even 33 dollars, but I have met one single person who "mined" 10k+ bitcoins for nearly free, on very very early days.

Why I said "mined" because he had few computers sitting at home doing nothing so he just mined with them and didn't want to spend money on it.  After all these people I met, do you know what's the common thing between them is? They all sold before it was even 10k dollars, they sold at around 1400 dollar peak times mostly, but they sold under 5k for sure. Do they still have some? Most of them have zero, but some of them have about 1% of what they used to have, so I can tell you that even if you bought at 2010, you would have sold already.