Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: Bitcoin 13 years ago...
by
lizarder
on 13/10/2022, 16:32:34 UTC
⭐ Merited by fillippone (2)
I found the below image online, this was exactly 13 years ago when the price of bitcoin was still as good as zero, it is seen on the table that exactly today, being the 6th of October, 2009(13 years ago), with $1, one could purchase BTC1,130.53.
This means that the price of one bitcoin at that time was not more expensive than Pizza, I also remember someone named James Howells, where that person lost a hard drive containing 7,500 bitcoins because he accidentally threw it away.
Until now I don't know exactly whether the hard drive has been found, almost all the media I'm looking for there is no sign of the hard drive being found, it's really bad luck for James Howells after knowing bitcoin is increasing being hunted and has a fantastic selling value.

I then tried to calculate what BTC1,130.53 is worth today according to Bitcoin's current market price, and I am indeed overwhelmed.
Makes me kind of asking myself where I was and what was I doing at this time 13 years ago  Huh Huh

How does this make you feel?
An ordinary calculator will not be able to calculate the number of bitcoins owned by the man I mentioned above, let alone the bitcoin holdings of large companies that started to buy them.
13 years ago, bitcoin was not cheaper than pizza, but now that assumption is debunked, as bitcoin finds its way into an investment or as a promising asset.
If anyone were to ask how bitcoin will be in the next ten years, then the answer would be to go to the moon, based on rhythm, trust and a very probable overview.