/biz/ - Business & Finance

>>27814495
>2012
i called it buttcoin in 2010 in our irc channel and never followed up with it until too late

>had 10k
>wanted to buy bitcoin because cool haxx0r money
>decided to use the money to finish a worthless degree instead

>>27814495
I honestly never thought anything would come of it, like a lot of people back then.

was just laughing about it. I don't regret it, would have sold "too early". Still don't believe in it, slow + expensive = useless.

>>27814495
I was too poor. Had $5 to my name. I only ever got money to play around with in around 2018. I

I was in highschool in 2011 and I told all of my friends bitcoin would become the new currency. I cpu mined it with my inspiron 1510 laptop and made maybe 0.1 bitcoin. None of my friends believed me.

>>27814670
how long would it take and how much do you think it would cost to send someone a billion dollars in gold bars?

>>27814495
i did buyed, thanks silk road

>>27814495
Bought back when, sold after it hit 100, just like you would've
>no I would've held for 9 more years!!!!!!
no, you wouldn't have.

I had literally no money to spend on magic beans.

Now that I do have money it’s all going into the next Bitcoin (FTM).

>>27814768
>oh I got that adress wrong, that sucks
>luckily i got another billion and can try again

I honestly tried.
When it was about 2$ I was going to invest about 100 into it.

The barrier to invest as a 17 year old at the time was just too high. It was a good thing in hindsight, I would have sold when it went to 20$ and would have most likely have offed myself by now.

>>27814495
I bought a shit ton of btc in 2011 and 2012. I just spent it all on mdma and oxycontin.

In 10 years:

>ITT Zoomers confess why they didn't buy Dogecoin in 2021

>>27814495
pic related

>>27815075
>oxycontin
you got scammed anon

>>27814495
I was fully aware of Bitcoin existing in 2009 but I thought it was stupid and a waste of time

>>27814495
I never believed a word about crypto when it started gaining traction. A good friend tried to convince me to buy ETH when it was dirt cheap and I wished him luck and instead spent my money on useless shit. Looking back, it's a big regret because I had enough money at the time to buy a shitload of it.
TL;DR - I was delusional and missed BTC and ETH because I "didn't believe in it".

>>27814768
how often are you making billion dollar transactions? what percentage of transactions do you think are 10 digits?
average visa transaction is $80
small, everyday transactions are more important than large ones m

>>27814495
Too young at the time to give a shit. All friends I had who did have it sold it at the very first spike making like $100 bucks and calling it a win

>>27815130
this but Fantom

i heard about it very early on and had 200$ ready to go but pussed out because i was destitute all my life and needed the money while i was working and going to school. looking back it was the biggest financial mistake of my life. but i do try to make myself feel better by realizing i would never have made it to this point with that many coins, especially having been poor all my life up to that point, like 10k worth of btc would have made me coom.

>>27815261
>guy who thought he was hot shit because he sold his btc with a 5% profit
that was me

>>27814495
I was thinking about buying BTC at the time of the first Mt. Gox "robbery" (2011?), then I figured it was done and stopped paying attention until 2017.

>>27814495
I was depressed and unemployed. Shilled it to my friends and asked for neetbux to buy it but no one believed in me...now theyre all like "oh you must be rich now anon huh? wish Id listened to you we would have been gazillionaires".

A friend of mine in high school bought a bunch of Bitcoin when he tried to buy drugs off the Silk Road but his shipment got intercepted by the RCMP on its way across the border and he was out like 10 btc lol

>>27814495
I was depressed and alcoholic, but overemployed. Read an article about all the hoops a guy had to jump through to buy a vegan wrap at some hipster deli in NYC and was thoroughly disgusted. Later, I heard about Mt. Gox and figured that was it.

>heard about it while in the military probably well before 2012 (I think?)
>thought it was a meme
>got out and got a job in trades
>college seemed the path out of being poor
>worked and saved up 50k in cash
>spent it on a CS degree at a top 10 college
>also paid living expenses while wife got Business degree
Not the worst decision but hindsight is a bitch.
Still not in crypto, haha, no it's fine really

I used it to buy drugs and I never believed something used by pedos and criminal is going to be a thing.

Feels bad to be nocoiner even though I had some.

I had just gotten married and we were recovering from the housing pop so we were pretty poor, living paycheck to paycheck. Not only that but I was (still am mostly) technologically uninformed so I couldn’t see it’s merits.

>>27814495
thought it was only ever going to be some shady thing used by druggies and pedos

>>27814495
i don't want to miss out anymore so i'm going to to buy 110.000€ of it this summer. If it's still 40.000$ how much money will i have when it reaches 100.000$? I'm trying to figure it out but i don't understand what operation i have to do

>>27814495
Thought about buying because it seemed cool but I was poor and procrastinated. My friends and I were hanging out one afternoon when we found out it went to $30. It was surprising and thought that it was too late for us. I specifically remember saying, “Wow what is the point now, I can only get like 10 instead of 1000.” Everyone agreed and we laughed about it. We laughed about it anon. We aren’t laughing anymore.

>>27814495
>buy bitcoin in 2012
>lose it all via exit scam
neat

>>27814495
>I heard about it, but I was busy being a depressed, unemployed alcoholic.
pretty much the same, also i would've sold at 10% profit to buy drugs alcool or whatever that can fuck me up more.

bought plenty. Spent them all on the silk road... whoopsie daisy!

>>27814495
I was in high school in a third world country, I friend of mine talked to me about "Mining Bitcoins", I didn't know what a bitcoin was, I barely understood english at that time to do my research. Kinda sad frens.

>>27814495
you couldn't really exchange it for usd back then like you could now. that locked half normies out of it like myself.

no one could fucking explain to anyone what mining bitcoin was, so i never really looked into it further.

wasn't until about 2015 that i realized i could buy illegal shit with it fairly easily that the tools were finally created to not only exchange usd for btc, but also mine fairly easily, but by then it was far too late. so i only ever just used it to buy illegal shit and only ever kept enough in there to do it, because back then it was still volatile enough that if you left like 200 unchecked it could dip to 160 in 2 hours and fuck your whole purchasing power up.

if i had just kept like 1k in there around when i finally set up a wallet I'd be rich. but who the fuck knows this shit man. i get that like half of you have some serious money to play around with so you can afford to take losses and shit but i was living pay check to pay check the whole time and never thought about the future. even if i had 10k to throw at something, it wouldn't be this. i'd sooner put down on a mortgage to a house or some shit than fuck with meme coins.

i mean you guys got me with the hype on doge last week and i've lost 60 bucks on that. then with amc and i lost 300. that's serious money for me but i thought some cool shit might happen, now i'm just holding bags.

it's fine though. i know enough now that i keep my eyes on you faggots to know when something is REALLY good before it 's too late and maybe next time i'll buy in early. but even then i'll likely only make a few k profit with how little i put in.

I thought since it was supposed to be digital currency that the price would even out at $1 so people could spend it like they do regular money. Never bothered to look too deeply into it.

I used it to buy drugs on the darkweb.
t. don't do drugs any more and wish I still had them

>>27815770
If you buy 110k at 40k that gives you 2.77ish coins so if it his 100k you receive 201k profit. (Math was done in head and is close but not accurate)

>>27815230
If that’s what you think, buy XRP & XLM. The game has only begun.

>>27814983
>>27814670
https://www.youtube.com/watch?v=ugHf6jbru6g

Laziness. I watched it go from a few cents to a few dollars to thousands and never bought in cause I just couldn't be fucked trying to learn what the fuck it was all about. I mean I doubt I would've ever held it for long or probably end up losing my wallet but still.

>>27814495
didn't had any money back then to throw it on a long shot.

>>27814495
I heard about it and thought it was a pretty cool concept - downloaded Bitcoin Core and upon seeing that I had to spend some huge amount of storage space to sync up with some weird network just to do I don't even know what, I closed it and forgot about it until late 2017.

That's life I guess. Probably would have sold it all in the late hundreds anyway because I hadn't even had a real job at that stage, so I trust that it was for the best.

>>27814608
This.
I actually had some in 2008, purely because I spent too much time on the internet.
They're in a landfill on a dead harddrive somewhere now.

>>27817560
yeah it's insane that in 2021 assume-utxo is still not out and pruning is not the default setting on the node.

>>27818621
>2008
gr8 b8 m8

I just didn't particularly care. Hell, I saw the $8 pump happen in real time way, way back in the day, but I just didn't feel like getting sucked into that autism vortex.

>>27814495
Has Jordan Belfort mentioned Bitcoin recently? He was a major source of copium for me and the main reason I didn’t buy at $6000

>>27815075
Are you me

I was using it to buy stuff off silkroad. Got a Family connect IRL and figured it wasn't worth the security risk to keep using silk. So I just forgot about it. Funny times.