Post
Topic
Board Bitcoin Discussion
Re: How I waste bitcoin
by
Strongkored
on 12/07/2023, 09:40:35 UTC
Early 2011 most friends of mine are into cryptosystem and I barely know what it is about, I only hear the name bitcoin and one day a friend of mine said, I should provide N100k to buy bitcoin and I was like what if my money lost and he gave me assurance; no lost as long your wallet is intact and after much pressure I gave him the money, open a wallet for me and hand over everything but I was care free not minding that's a great investment then, one day I lost my device and that's how I lost the seed phase and the wallet. Am imagining if I could have recover my wallet today, I will be a big boy with fat wallet. Do you think another person have access to it?
Yes you will have Bitcoin with thousands of percent higher value than the first time you bought it, because in that year the average price of Bitcoin was $10, and 100K Naira that was around $125 the current exchange rate does not known for sure the exchange rate in 2011 whether Naira is a currency that stable or what, but if the exchange rate is the same then you have at least around 10 Bitcoins and you can already enjoy what you invest, but I'm quite doubtful whether in that year there was already a mobile version of the wallet? unless you use an online wallet because that is enough to use but access via the website not the application. Is anyone able to access your wallet? if you keep everything on your smartphone it is certain that someone can access it if he knows about Bitcoin and again in that year Bitcoin was not as popular as it is today where you can find a lot of information so people will know how valuable the coin is, and I feel you are just telling lies.