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>>
>occupies wall street to make them pay for 2008 crimes
>gives them investment advice that makes them trillions instead
>>
If you aren't willing to buy now and hold for the next 13 years you wouldn't be willing to buy back then and hold till now.
>>
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>>59250719
Apparently most people who bought back circa 2011 sold as soon as BTC started reaching the $100 USD mark. I guess it makes sense, right? Not many people would still be out there holding thousands of BTC that they bought for pocket change anymore.
>>
you'd sell a million times already
you don't understand how shady it all was, exchanges disappeared, people didn't trust it at all, it was seen as a scam till like 2015
there's a reason why average BTC price by last transaction is around 35k now
>>
thats the trick

What would you do if you held pocket change for a decade that's now worth 100k today? Would you sell now or keep holding? But all those other times like 1k or 10k you could have sold too, so why not keep holding? Worst case you lose is the pocket change
>>
>>59250719
Meh, I tried to buy Bitcoin in 2010, couldn't find a way to do it. Decentralized global currency my ass
>>
>>59250719
tsmt
>>
remember when you could get free bitcoins from websites with "bitcoin faucets"?
>>
>>59250892
been hodling since 2014.
ive told friends through the years. they assume ive sold it all by now.
it has been a real challenge hodling this long but im a believer.
I tried to buy in 2010-2011 but my computer kept saying it was a virus. it was also very hard back then
>>
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me and some friends were there, all sold at 500, it was unreal
>>
99% of very early buyers would have sold at 10x , so maybe around 100 bucks per BTC.. and even the most insane ones would have sold at $1000 per BTC.
The ONLY guys who didnt sell have to be those who forgot their seed phrases or in some coma or some shit. Even normies and grandpas know about BTC and would have convinced every early buyer to sell.
>>59251390
>i've been holding since BTC = $400-$700
Grats, you're like the 0.01% of people who never sold from the very early buyers. Assuming you're not larping then all the more power to you dude.
>>
Bought in at 300 bucks tried to sell at around 15k years later but my wallets got banned then erased. Lost a coupld grand that i put in and i could never recover anything on new devices.
>>
>>59251668
>my wallets got banned then erased

What?
>>
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>>59250719
>Be me
>Browsing /b/ 13 years ago
>Remember BTC faucet site giving you 5 bitcoins for free
>Too busy shitposting to bother
I regret nothing
>>
>>59251580
they'd have to be retarded to sell it all in that situation, maybe the majority sure but why wouldn't you hold a bit at least
>>
>>59250719
I actually downloaded a bitcoin miner in 2015, but I was too retarded to get it to work so I deleted it
>>
Zoomers don't realize that before the 2017 pump, Bitcoin was seen more like a gimmick internet money for drug dealers and libertarian schizos than the investment asset.

t. bought in 2014, sold in 2015
>>
>>59250782
yeah only the very few true believers or those who forgot they held btc/lost access made it
i am still wonder if i have some old btc somewhere but have searched through all my old stuff and can't find any
>>
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>>59250719
>true right wingers and left wingers united that day to expose wallstreet lobbyists and corrupt government
I miss internet before the great GAYpening
>>
>>59251390
There must be... some of us!
I first heard of this cryptocurrency stuff in 2011 or 2012, but it seemed very hard to buy and I didn't want to spend money on mining equipment
I mined some shitcoins in 2013 (somebody made an NVidia-friendly miner) and traded up to LTC/BTC as soon as possible
Still hard to turn into fiat at the time though, so I did nothing
Wish I'd spent more. I've got about $1m in crypto now. Sold about $500,000 in 2020 too. Bit of a shame as I'd have $2m otherwise
(thanks for reading my blog)
>>
>>59250719
he sold at 100 dollars, just like im going to sell at 100k
>>
>>59250782
this is correct. also most people who had btc in those days were degenerate druggies buying mdma on silk road
>>
>>59251677
many such cases. people today cannot imagine how sketchy and unstable btc was ten plus years ago. nothing like it is today. going to zero was extremely realistic.
>>
funny thing is wall street controls most bitcoin and idiots like these now pumping the banks bags
>>
>2011
>be 14 year old in don't step on snek anarchocapitalism phase
>"this has limited supply and it can be used by based anti-government people to deal drugs and commit financial crime, it'll be worth millions in a few decades!"
>ask father to help me invest in it since i don't have access to my bank account as a middle schooler (4k dollars -> 396BTC, i think about that number a lot)
>"sounds like a scam anon"
>price is 1000 when i turn 18, because i already missed the first 100x
>become an eternally assmad buttcoiner for the next 8 years

i'm going to die poor because of this. yes, i realistically would have sold at like 200 but i would have been a teenager with 200k which sure beats my current sorry state
>>
is it too late to fomo my life savings into btc?
>>
>>59251390
It was very hard to find out about BTC
You could mine it on your CPU, and I couldn’t convince my parents to let me keep the pc running overnight to mine “bitcoins”
Too bad, I’m coping by thinking I would’ve sold waaay early or mtgox would’ve scammed me
It is what it is
>>
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>>59250719
Your second mistake, anon, will be sleeping on UAFC. I already yeeted some of my Pepe stack into it—don’t come crying when it giga pumps.
>>
>>59251677
>13 years
we had a great run, frogposter
>>
>>59251164
This. Digital wallet sounded like gobbledygook to me. Fuck I couldve had so many.
>>
>>59250719
I bought at 1k then gambled them away when they dumped to $200
>>
>>59251668
>but my wallets got banned then erased

U wot m8? How? Why? By who?
>>
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>>59252481
Yeah, I was among the first couple thousand people to learn of Bitcoin on the planet (on /g/ mid-2009).

I wanted 1% of the supply but I was worried my piece of shit prebuilt PC would kill itself mining.

I'm convinced that if I did end up doing that, I would have made some really bad choices and ultimately be worse off.
>>
>>59250782
An oft repeated tale that soothes the boat missers, yet lacks any evidence to back it up.
>>
>>59250782
I got a wallet with BTC from 2013 that's no longer maintained. Java-based, have to install the JRE and hope that it works. Will transfer it to a modern wallet. Any recommendations what precautionary steps I should take, if any?
>>
>>59253777
just recover the wallet with your seed phrase and transfer to a new wallet dude
>>
>>59253777
Depends on the amount. If you've got 2013-level dust on there that became a few thousand bucks, just do what you're doing.
But if you've got a sizable chunk, you're going to want to make sure your computer isn't compromised first. If your unmaintained wallet lets you create offline transactions you can copy to a USB key, you probably ought to do the whole thing offline, and run the crafted transaction through some parser (like https://www.blockchain.com/explorer/assets/btc/decode-transaction) to verify it does what it's supposed to before broadcasting it (https://www.blockchain.com/explorer/assets/btc/broadcast-transaction)
If this sounds like complete nonsense, well, either you know a nerd you trust with untold amounts of money, or you're gonna have to do your best.
>>
>>59250782
Yeah but I can somewhat understand. In 2017 I got airdropped 5 batches of some shit called Timereum and sold 2 of them for like $250 each. Free $500. I sold the remaining 3 for $66k each near the end of 2017 and regretted the first 2 badly.
>>
>>59253868
Around 0.1 BTC. But thanks, that's still good to know.
>>
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>>59250782
>Apparently most people who bought back circa 2011 sold as soon as BTC started reaching the $100 USD mark. I guess it makes sense, right? Not many people would still be out there holding thousands of BTC that they bought for pocket change anymore.
This was me.
>>
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>>59251838
https://www.youtube.com/watch?v=SCwhlZtHhWs
>>
>>59250719
You would not have bought it zoom zoom



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