/biz/ - Business & Finance

I knew about bitcoin in 2010 but did nothing
you want to know how much this pains me??

>>56962088
lel you too huh? i share your misery fag

>>56962088
i first heard about it when it crashed from 10$ to 2$ and i thought to myself .. what a scam hahaha .. fuck me right now , right ?? everynight i go to sleep i think about suicide

>>56962015
Arent you just in time to profit from the mega growth AI will bring in the next 50 years?

>>56962099
it may have been a good thing in retrospect I was dumb as fuck between 18-26 all that money would have probably killed me
now sober and have a sharper and more mature mind it's probably a good thing I got wealthy later on.

No excuses anon. I first found out about bitcoin when I was in middle school in 2012. Were you too busy watching Star Wars and playing Minecraft anon?

>>56962015
I knew about it. Thought it was gay scam. Saw eth at $3. Knew it was a gay scam.

So anyway you wouldn't have done shit

>>56962015
I heard about it in 2011 when I was 10. I created a bunch of wallets and tried to earn money on those sites that supposedly paid you in BTC for clicking on ads but I don't remember if I ever got any.

>>56962126
What is a scam today?

I bought in 2012 but everyone except for autists thought it was dumb. Back then you didn’t put in your paycheck as an investment. You bought with beer money for fun. Hey even if you did buy 1000 Bitcoin you could have been the guy that sold 1600 for a ford Taurus

>>56962125
I was too busy playing Minecraft and legos

I picked my ex over Bitcoin. We're no longer together

>>56962241
reddit

>>56962015
I learned about Bitcoin in 8th grade(2012) because they talked about it in the Rooster Teeth Podcast(Drunk Tank).

>>56962205
Honestly kns looks like a scam. It keeps being shilled here

>>56962015
I knew about it in 2011 but just thought "hey that's neat." Saw it going up in 2013/2014 and got excited about it, tried getting into mining but gave up and installed linux on my ps3 instead. Bought like $20 of DOGE back then but that's it (went to $20k or something but I lost that wallet). Then in 2017 I bought 10k worth of ETH at 42 bucks.

>>56962285
Found out about BTC in 2011 through this indie game of all things
https://www.youtube.com/watch?v=tzfUSSyIEvc
20:05 to see some, there's Bitcoin jokes throughout, including an ending where you get rich off bitcoins.

>>56962015
I just barely graduated High School.
First heard about it from headlines off a Digg article about the 10,000 BTC pizza purchase.
Digg was the predecessor to Reddit at the time around 2010-2012.
I was into computers at the time building a mid-range PC and I knew that you could mine Bitcoin trading off your GPU power.
I did google "How do you mine Bitcoin?" around 2010 to 2012 but I was too much of a brainlet to understand mining pools and take any interest further to fully conceptualize and understand.

I was into libertarianism at the time and if I had read the white paper I would have held that shit no tomorrow.
I would have probably fucked it up keeping my funds in an exchange.
But I would have been a lot richer now than I am currently am right now in 6 figure hell holding Link.
I only really got into crypto after the 2017 bullrun

>>56962015
I knew about it in 2010, tried to mine it but couldn't , was too young and the software for mining was in its infancy. Very hard to operate for dumb kids like I was

Will there ever be another wealth maker like bitcoin?

>>56962368
Bitcoin will look like the telegraph in 10 to 15 years.
There's plenty of other things you can put your money in.

>>56962368
yes, at the beginning of the next century. It's always like that.

>be 10
>hear about how btc will be the future
>don't get any

if you were too young to know about btc in 2012
that makes you a zoomzoom
which means you've got your life ahead of you
and you live in the era with the easiest access to information in history
you could literally get on adderall, spend a couple months coding, post bad memes on twatter, and raise millions from VCs for some AI startup
even if you live in india or whatever
do you know what the opportunities were when i was your age? (80s kid)
book a plane flight to america and worm yourself into events nobody will invite you to
no money for plane? gg
no ability for normalfag socializing? gg
>b-but why don't YOU do the VC thing now if it's so easy
there's just not the same energy at 40 as there is at 20. you won't know it until you're there yourself
i'd trade all my wealth in a heartbeat to be your age right now

There was no way I could research how to buy bitcoin, research what a ledger is, buy a safe ledger, buy bitcoin from an exchange (that randomly collapsed) put it on my ledger, keep my seed phrase for ten years while I'm a neet with no money or a regular computer.

>>56962015
>knew about it in 2011
>tried to mine it on a laptop
>doesn't yield, give up and forget about it
>ff 2017
>gold trader now
>see it reaches price parity with 1oz gold
>only then decide to buy it
It could've been worse I guess. I wasn't meant to make it

I tried mining btc in the summer of 2011 on my desktop with a radeon hd 4870, it brought my computer fans up to 100% and it was loud as fuck and turned my bedroom into a sauna. I left it on overnight and got nothing so I said fuck it and closed it and never tried again.
Then I mined doge in 2014, a bunch of friends mined millions and sold them for a few thousand. I got 70k of them and held while they kept dropping in value.
2017 rolls around, ethereum starts taking off, I start buying in around $60 but it quickly moves up to $100+, coinbase prevents me from buying more than a few hundred dollars a week. Decide to check what my doge were worth and it was like $20 so I said fuck it and swapped all of them to ethereum. Soon after doge starts mooning and I miss out completely.
I had been working a few years by that point so I had some money, decided to wire 4k (25% of my NW) to Quadraga, ends up being some random bank in Japan. I buy ether with it, and withdrew to my own wallet, luckily before Quadraga shut down.
Meanwhile ICO craze goes off, I manage to flip ICOs and get more eth, get to about 80 eth. One ICO is LINK, I had 36k at one point but flipped all but 1000 of them for I think 30 or 40 eth. Would have been enough to make it at ATH but every other ICO went to 0 so I thought it'd do the same.
Also built a mining rig for ethereum, made a few thousand dollars and resold the hardware for a profit.
Anyway, put almost everything into ICX the day it gets listed on exchanges, see my portfolio explode to 800k. Waiting for 7figs and it never happens, sell like 30k just to cover my initial investments. Keep holding while my portfolio crashes down to 30k.
Decide to keep accumulating since then, dollar cost averaging into btc/eth/link and some random alts. Sitting on 270k now.
So many mistakes were made, in hindsight I could have made it 5 times over if I played things slightly differently.
Maybe this bullrun I'll make it.

>>56962869
Fucking ICX man. I lost most of my money from 2017 too because I was holding that pile of shit. Thankfully I've recovered, but that was a brutal drop.

>>56962015
Well now you have the chance to know about QANplatform now before it moons, so stop crying like a baby

>>56962015
you need to be 18 to post here

>>56962015
My ex (pic rel) earned money in bitcoin from camwhoring and liaising with arab dudes in abu dhabi (I found out after we broke up) in 2015, in 2021 she quit her job, bought and apartment, and spends all of her time making travel videos. So not only did I realise that I was being used and cucked, but my ex got rich from doing it.

>>56963073
If only many know quantum resistant blockchain is the next trend they will buy more QANX now rather than FOMO in later

>>56962015
I knew but my parents didn't believe me

>>56962576
>do you know what the opportunities were when i was your age?

>apple
>dotcom
>real estate
>college actually worth the debt

I can go on

>>56963114
Did you fuck her ass at least anon?

>missed out on BTC
Just in time to make it with RWAs

>>56962015
couldve went all in with chainlink. you werent too young for that were you

>>56962015
bitcoin?

>>56962368
Shiba Inu is your second chance. Sneed em or feed em.

how come is all of this "fair" in anyway when there is a limited supply, more & more centralization everyday? what about people being born now? what about in 10 years?

Money won't fucking move, Bitcoin is cementing Sats lords for the next 1000 years, it's all retarded. I predict new iterations/monetary resets every 20-30 yrs because of that, nothing encourage distribution ever, it's not even a ponzi, it's worse

>>56962015
>it's not fair
https://www.youtube.com/watch?v=taPSOs5cK44

>>56962015
But you're not too young to know about $CZ now

I have six figs in AAPL that I bought for a pittance in 2003 as my grandma taught me about the stock market and I knew other kids liked iPods.

I love you Nana

>fair
>capitalist country
You have to earn "fair" here, and be lucky that what you win is worth something in 50 years.
It won't be, but try anyway.

>>56962015
You wouldn't have bought back then, you had to wire money via western union to your exchange and then keep control of your keys for 10 years. The amount of people who lost their shit on Mt Gox, we all thought it was over.

you know about link now at an investing age, but you still probably have none, and even if you did buy some you probably wouldnt have the gall to hodl it for 10+ years without fucking it up

You have, the same, if not better, opportunities available RIGHT NOW, but you are so focused on the past you are going to fuck up, AGAIN

>>56962015
HELLO fellow BIZzers! We ALL want to make a fuckton of money, right? So here is the deal, sell your links that stinks and buy into the NEW RWA reality where $CHEX will fucking MELT FACES. We are working with JP MORGAN and are licensed and will control the fuck out of the tokenization industry. So here is the deal. Buy tokens from us and we will put your money to use and you can hold the utility token to our platform. Sounds like a deal BIZzer? SURE IT IS, just fucking BUY NOW before it is too late!

>>56962015
I worked a summer job in 2011, 16 years old. Was coming into my political identity w/ Ron Paul running for election. A guy I worked with was in his early 20s going to college, also libertarian minded, and shilled me bitcoin. Said he invested some and thinks it could be a big thing someday. My first reaction was "sounds like a scam" because he mentioned having to buy it with fucking gift cards. He assured me it wasn't and that I should check it out. Still skeptical, I went home and started doing some research. After reading how the whole thing worked and spending a few days thinking, despite barely understanding half of it, I was also convinced it had a lot of potential. So I went down the rabbit hole of how best to get in. Buying or mining. After a couple of days I found one of the main sites for buying bitcoin, might have been coinmama or some shit. Seemed pretty simple, setup a wallet, send the gift code and they credit your account after a few days. But that last part... sending a fucking gift code. It just didn't sit right with me. It screamed scam. So I didn't buy.

I suspect many, many people were filtered for similar reasons early on. It was relatively easy to buy in, yes, but it was sketchy as fuck. Think I was looking at buying a few hundred bitcoin for a grand or so. It's funny looking back to think I was that close to pulling the trigger, but you can't be hard on yourself for not doing it. All we can do is look ahead.

>>56962015
but your dad was old enough, guess he was too stupid or didn't love you enough to care about the future

>>56964385

Of the people who bought back then, a very small fraction actually held through all of the ups and downs. Investing is a faith in a way, you have to have a plan or a time horizon and just religiously stick to it, because investing with your feelings or even your mind is a fool's game, you will be buying and selling at the wrong time and paying harsh taxes for the privilege.

>>56962015
You aren't too young to know about certain things.

>>56962088
Dude it was on VERY seedy exchanges back then and the only people talking about it were Gamespot forum neckbeards.

It was one of those one in a million luck opportunities. I'm not saying there will be another opportunity like bitcoin again, but there's many other ways to make money out there if you're resourceful. Don't waste your time living your life on regret mode.

>>56962015
Truth, it's not fair, Bitcoin was an incredible obvious easy opportunity for nerds to make it. I feel for younger nerds that don't have it that easy. There will be other opportunities though.

>>56962088
2010 was actually not a good time to be introduced to Bitcoin, because it wasn't seen as an investment yet.

>>56962126
>>56962209
>>56966966
Just the usual cope. By 2013 90% of Bitcoiners were in this space to invest and make it. A lot of people already believed in $1M+ BTC back then still hold a huge portion of their stack.

>>56962240
Fucking same

I know man. I was only 9 and anytime I used the internet when I was 9-10 was for Zero Suit Samus porn and butterfly videos. I didn’t know shit about money, let alone crypto

>>56964943
This. So this. Link is a steal at $15. Many will rope in regret.

It was like $100 in 2012
Say you somehow managed to keep 10 bitcoins until now by sone miracle. Youd have $441,000
Making it is a million or more. Youre just ngmi. Ever.

>>56962015
how old?
I bought it when I was 13 in 2013

>>56962015
I knew about it, I thought that it was valuable immediately, I tried to buy it immediately, I couldn't find a way to buy it.

>>56969283
this was 2010 or 2011 btw

Keep in mind that bitcoin has fluctuated throughout that time period like a motherfucker. Hell during covid it went to like $3000

>>56962088
I let an anon on this board convince me not to buy ETH at $0.64

I was a freshman in college in 2012 and I knew about BTC already. I was in an IT class and the prof let some kid come up and do a presentation to shill it one day. I went back to my dorm and tried to buy some but I couldn't fucking figure it out and everything asking me to enter a credit card or w/e was sketchy as fuck. So I gave up. My life would be so different right now if I had just spent a little more time that evening trying to figure out how to buy the damn thing.

>>56962015
Guess you're old enough to know about RAIL.

>>56962015
Crypto is dead, y'all are holding garbage.

>>56963114
Damn blue eyes thats suffering man

>>56963697
Yeah, shit was pretty cash!

Are you broke and have only 10 bucks to invest? Then check this guide

pastelink
net/otwefxhp

11

I bought drugs with it when I was 14. Thought it was super tight it would go up and I would get free drug money. Didn’t put two and two together until 2017 when I realized you fuckers we’re getting rich just holding it and not spending it.

Anyway, Crypto will actually take over the modern economy at some point in our lifetime anon, there’s plenty of time and endless bull runs to make it. Although possibly there’s not enough resources to make “making it” worth it, so you’ll be worth a lot of money but you’ll only be able to spend it on virtual skins and shit.

>>56962088
I heard about it in 2011 when I was 12. I created a bunch of wallets and tried to earn money from it but my parents didn't believe me. Now they're pushing me to buy more of XTP haven't seen it's worth.

>>56969537
You got no point schizo fag, crypto is ahead now. Make cool bucks when the anxiety is high. Get more of INJ, XTP, XLM, and QNT and thank me later.

>>56962015
Could have bought some in 2014 when i was 19. I was an idiot.

>>56962015
Bro you're still in time to join the maga $TRUMP train, also to vote to the funniest president we ever had, he's also airdropping NFTs so it might be good for ya bagholder!

do not tell anyone tho ;)
0xe4b8583ccb95b25737c016ac88e539d0605949e8

>>56962015
I was actually present in the threads when it was shilled on /b/ years ago.

just thought it was a scam :-\

>>56962126
how could you not think its a scam?

"hai guys check out my magical code money. please buy some"

>>56962205
honestly probably ICP. i should buy some desu

>>56974760
hes airdropping nfts? wtf? you dont buy them?

Are you broke and have only 10 bucks to invest? Then check this guide

pastelink
net/vin5obn4

4

>used to be able to get free BTC from the BTC faucet
>used to use it to buy drugs
>fucked off and travelled the world for years, thought nothing of it
>literally forgot about BTC until I saw it was 20k
>must have had 20k btc sitting around somewhere
>went home
>parents tossed my stuff I had in storage out or sold it
>my notebooks were gone and the key to my wallet was in there

I can't wait to put them in a retirement home.

>>56962015
Now, 5 years later, don't tell me you didn't know about Brillion or AllianceBlock. That's how people are losing the plot. They don't value anything at all.

>>56962088
>>56962099
>>56962114
>>56962117
>>56962118
>>56962125
>>56962126
>>56962186
>>56962205
>>56962209
>>56962240
>>56962241
>>56962246


you retards need to understand that even if you managed to buy bitcoin or eth sub $10 you would have sold already once it came close to $100

nobody would have held to $1000, or $10000 or $60000 unless they literally did not have access to it

so stop with this crying

you arent fucking special snowflakes, 90% of people that knew their way around a computer/internet/gaming/forums heard about bitcoin around 2010 and 99.99% of them was not interested

you arent special, you arent "le epic smart i heard about it but silly me didnt decided to buy any!!!!" you are literal normie scum so stfu

Are you broke and have only 10 bucks to invest? Then check this guide https://pastebin.com/YzfdC2vu

>>56975740
well said

>>56962015
I wasn't even born yet.