/biz/ - Business & Finance

[Anonymous No.18794358]

>go to /g/ archive
>search bitcoin
>oldest posts first
>mfw

[Anonymous No.18794366]

>>18794358
Check out this thread for example
https://archive.rebeccablacktech.com/g/thread/11537714/

[Anonymous No.18794385]

>>18794366
lol i was just about to post that

you think that dude has killed himself yet?

[Anonymous No.18794397]

>>18794366
its so surreal to think that you missed out on hundreds of millions of dollars

[Anonymous No.18794404]

>>18794366
Based bitcoin is shit tech and store of value and investment

[Anonymous No.18794406]

>>18794358
>please buy sir
>very many rupees sir
>vishnu on blockchain sir
t. Satoj circa mid 2009

[Anonymous No.18794418]

>>18794385
I hope he at least bought some at less than $100 or something
Imagine buying 22,000 BTC for $100

[Anonymous No.18794436]

>remember hearing about bitcoin in 2010-2011 but was too busy being a stupid 14 year old playing games and jacking off all the time to do any research into it

[Anonymous No.18794447]

>>18794418
jesus christ. i'd be in a giant mansion somewhere right now with 10/10s feeding me grapes as i shitposted.

[Anonymous No.18794461]

>>18794436
it's ok bro most of us were the same way. at least 3 or 4 times before 2014 i looked into buying bitcoin but saw that it was kind of an annoying process so just said fuck it. at least i wasn't the dude who could have bought 220 btc for $1 USD though.

[Anonymous No.18794469]

>>18794366
I got my dick sucked by a hot emo chick from facebook in June of 2010.

[Anonymous No.18794486]

>>18794436
Similar boat. I could have been nearly a billionaire. Fuck.

[Anonymous No.18794508]

What would this next decade bring us lads?

[Anonymous No.18794513]

>>18794436
kek I first heard about it in 2013 when I was 12, and I was obsessed about it, I remember telling my dad after a while that "we'' should invest in it. I think it was about $300 at the time. he didn't buy because it was a drug scam or something

ffw to 2017 and I bought for the first time around $4000

[Anonymous No.18794515]

>>18794486
Yes, but did you get your dick sucked by a 19 year old with a tongue ring?

[Anonymous No.18794588]

>>18794436
Someone shilled it to me when it was $200. I literally remember telling him to get back to me when it goes back to $20.

[Anonymous No.18794655]

>>18794436
>tfw mined btc back then and stopped because it was making my computer unusable
I just wanted money for weed but it took too long

[Anonymous No.18794690]

>>18794436
>>>18794461 >>18794486 >>18794513 >>18794588 >>18794655
you would have sold anyway
if you bought bitcoin at $8, you would have sold if it doubled or reached one hundred dollars

[Anonymous No.18794727]

>>18794436
>haha that's just stupid drug money. it'll never be good for anything except silk road drugs. feds are totally gonna shut it down too
me ~2013

[Anonymous No.18794734]

>>18794690
probably, but then i would have bought back in when it kept going up and probably not sold at $20k either. whatever. i'm buying btc/eth/link now and not touching it for at least 10-15 years. we'll see if it's worth anything then.

[Anonymous No.18794747]

>>18794727
Dad?

[Anonymous No.18794758]

>>18794690
False. I would have traded it for drugs

[Anonymous No.18794772]

>>18794436
>be college freshman
>shitposting goes into overdrive with new freedom
>laptop bites it
>build pc to replace, muh ergonomics and DIY
>buy AMD over nvidia to do some mining with free dorm electricity
>be too distracted by vidya and getting /fit/ to mine on the new pc

FUCK. I had a 7870 too.. not true high end up but would have got the job done. Used that sucker for 2560x1600 gaming up until 2014

[Anonymous No.18794774]

I bought at $2, sold at $170

ive been out since, made enough to buy a car but not much else, a lot of people sold because its hard to rationalize when you see 1000% gains and not sell.

[Anonymous No.18794780]

>>18794690
Came to post this, it’s easy to play this fantasy with ideal situations, but that’s not how it works. You didn’t have the foresight to buy and hold then so why do you think if you bought some you would have held above $1k+

[Anonymous No.18794803]

>>18794358
I just did exactly this
I have never been so depressed in my life, after just reading through the first couple dozen posts
I was one of the dudes who heard about it once or twice back then while shitposting on 4chan, but did no research on it and had zero interest in cryptocurrency
I realize that back then there several factors that would have most likely prevented me from getting ultra-cheap BTC (too brainlet to figure out mining and probably couldn't get the necessary computer/hardware to do it, not nearly as easy back then to buy BTC with fiat, the association with illegal drugs and cp, the tons and tons of fud and scam accusations whenever it was brought up, etc.). But still...I can't help but feel regret
I made this same fucking mistake with ETH, XRP and XMR (Monero was actually the worst one for me because unlike with the others, I actually DID see its potential and tried to get some XMR early when it was cheap. But I had a Windows computer and they didn't have a compatible GUI wallet I could use at the time, so I just wrote it off as an amateur project and forgot about it until it mooned (I was only using locally-stored wallets instead of exchanges back then, and I'm not sure if it was on any notable exchange at the time)

[Anonymous No.18794810]

remember this when there is blood in the streets

[Anonymous No.18794854]

>>18794774
This. Anyone saying theyd buy at $ .001 and sell at $20k is retarted

[Anonymous No.18794862]

>>18794690
This is true

>>18794758
This is the god honest truth

[Anonymous No.18794872]

>>18794436
I remember buying Bitcoin at ~$30 to buy drugs. I've probably spent over 500k on drugs

[Anonymous No.18794886]

>>18794690
Nah man, I'm a collector at heart and it's hard for me to part on valuables/investments even something that seems useless to other people but important to me. My family actually hounds me on it until I show them the price of items and what not.

[Anonymous No.18794906]

At least u're not the guy who bought a pizza with like a couple thousand bitcoin back in 2011

[Anonymous No.18794928]

>>18794690
pretty much this, i dont blame my younger self for not getting into crypto that early, and even if i did i probably would have had weak hands. I do however kick my past self for not buying bitcoin when it was like $5k at the beginning of this corona crap, seeing as i actually looked at it then and my gut told me to buy it, i was just too meek to get into it at the time.

[Anonymous No.18794950]

>>18794758
This is the likeliest outcome, the amount of vidya and drug purchases I would have made with BTC between 2011 and 2017 would have been astounding

[Anonymous No.18794972]

>>18794928
>>18794886
>>18794862
>>18794780
>>18794758
>>18794734
If you bought bitcoin at 10k now, you would sell at 20k instead of holding it to 100k

[Anonymous No.18794975]

i bet he panic sold

[Anonymous No.18794999]

>>18794975
Buying link in 2017 was a terrible move though, relatively there were tons of better plays. Link didn't become a good purchase until after the 2018 crash

[Anonymous No.18795048]

>>18794854
yeah I knew one guy who made like 4 mill back in 2014 that's when he sold I think most people would have too im sure he kept some

[Anonymous No.18795164]

>>18794436
>tfw the first time hearing about crypto was in 2014 with dogecoin and just thought it was all a big dumb meme
>turns out it wasn't
Joke's on me I guess

[Anonymous No.18795221]

>>18794780
Ironically it's likely that I would have hodl more than I do now because back then I was young and thus there was time to enjoy the possible benefits if any. Also I didn't know how bad things could really be in the field I decided to study and work in.

[Anonymous No.18795267]

>>18794972
Jej, I could show transactions from 2012. Just cause I couldn’t see the bigger picture then doesn’t mean I haven’t figured a thing or two out over 8 years here :)

[Anonymous No.18796162]

>>18794854
If I bought at $2 I wouldn't have sold until at least $1000

[Anonymous No.18796363]

https://archive.rebeccablacktech.com/g/thread/26787738/#26788696
August 2012
>Because I'm not a naive neckbeard. Bitcoins are absolutley worthless and cost as much as they're "worth" to generate.

https://archive.rebeccablacktech.com/g/thread/38599466/#38613766
December 2013, in response to an anon who put $20k into BTC at $550
>Hope doesn't override total lack of common sense, you fool. $20,000? All your money, in Bitcoin? Holy shit you're retarded.

The best part? This smug tripfaggot is still here on /biz/ as DetectiveAnon.

[Anonymous No.18796409]

>>18796363
i always figured he was telling the truth when he said he was here in 2012. based that he's still here to talk shit desu

[Anonymous No.18796706]

>>18796363
>>18796409
Hi DetectiveSchiffFaggot

[Anonymous No.18796717]

>>18794358
You should've seen us reporting ETH shills on /biz/ in 2016

[Anonymous No.18796731]

delete this thread

[Anonymous No.18796875]

>>18794906
The most expensive pizza in human history lmao.

[Anonymous No.18796911]

>>18794358
>>18794366
>>18794385
>>18794397
>>18794404
>>18794406
>>18794418
>>18794436
>>18794447
>>18794461
>>18794469
>>18794486
>>18794508
>>18794513
>>18794588
>>18794655
>>18794690
>>18794727
>>18794734
>>18794747
>>18794758
>>18794772
>>18794774
>>18794780
>>18794803
>>18794810
>>18794854
>>18794862
>>18794872
>>18794886
>>18794906
>>18794928
>>18794950
>>18794972
>>18794975
>>18794999
>>18795048
>>18795164
>>18795221
>>18795267
>>18796162
>>18796363
>>18796409
>>18796706
>>18796717
>>18796731
>>18796875
You have been reported to the SEC. You are spreading false information which is leading to inflated stock prices. You will spend time in a federal prison. I reported you, and the SEC will be tracing your ISP and you will be prosecuted.

[Anonymous No.18797026]

I bought on my 18th birthday. September 27th, 2016. 2 whole btc at $606.24.

Cashed out at $13,214(x2) and blew it ALL in less than one semester. I spent almost all of it on cocaine, trenbolone and plan B.

[Anonymous No.18797032]

>>18794366
Haha what a retard

[Anonymous No.18797073]

>>18794436
>was in highschool
>was there when it first came out
>computer to slow to mine
>bitcoin was like 20 cents
>some guy bought a pizza for 20,000 bitcoin to show everyone you can use it to actually buy something
>no debit card
>no way to get money online
>should have bought prepaid gift cards and traded for bitocin
>wouldn't have had to wagecuck today and get my heart broken

[Anonymous No.18797085]

>>18797073
Who broke your heart?

[Anonymous No.18797092]

>>18797085
a thot

[Anonymous No.18797117]

>>18794690
Nope I wouldn’t.
I already invest 1000 $ with intention of “who cares, 1000$is nothing “
Now imagine I spent 100$ on some shit coin, I would have never sold them

[Anonymous No.18797124]

>>18794436
thank you captain hindsight
I guess most of the people who bought at few cents sold it all within few months

[Anonymous No.18797155]

>>18794436
>tfw spent one $500 paycheck on buttcoins in 2012
>sold them all at $100 each and made a few racks

[Anonymous No.18797156]

Lmao you idiots didn't buy at 50 cents and sell at 20K? That's why you're never going to make it

[Anonymous No.18797161]

>>18794854
No, I would seriously put 100$ and forget about iT.
I wouldn’t even care for 100$.
It’s 100$ fucking bucks. I wouldn’t have sold it.

[Anonymous No.18797183]

>>18794358
Unification will 1,000x by 2022, and all you have to do now is buy and wait.

Few understand this.

[Anonymous No.18797203]

there was little information about it during those days unless you specifically hung out on bitcointalk. that also happened to be the best place to buy it. if nobody linked you there you wouldn't have gotten anywhere. the buttcoin forum (yes there was a webpage) was one of the top results for search.
exchanges were a crapshoot too, more than today. The golden period to buy was probably early 2015.

[Anonymous No.18797210]

>>18797183
>t. bagholder

[Anonymous No.18797223]

I had 70 bitcoin sitting on an external hdd back when i was 12 years old because i read that it was going to be the future of our economy and was braindead retarded and bought into it. Mined 70 coins before stopping because i wanted to play combat arms and it was lagging me. Forgot about the btc and my mother threw away the hdd when we moved. If i had sold at a good price i would have had a million dollars.
>70 btc is sitting in a landfill somewhere probably rotting or already destroyed
Fucking kill me.

[Anonymous No.18797224]

>>18797161
You would have.

[Anonymous No.18797242]

>>18797203
http://www.buttcoinfoundation.org/
the webpage is still here the site contributors probably capitulated and bought

[Anonymous No.18797244]

>>18797026
It’s ducking hurt sooo much to read this..

[Anonymous No.18797249]

>>18796363
OH NO NO NO
almost too good to be true, is there proof that's him?

[Anonymous No.18797260]

>>18796706
not me, i just admire the dedication.

[Anonymous No.18797278]

>>18794727
Well its still isnt good for anything but it 1000x

[Anonymous No.18797280]

>>18797224
Based on how I grow up, I wouldn’t.
Sell them. My dad is a collector, he collected stamps from 200 years ago.
Just checked the price of the stamps, each one can be sold for 10k.
You think I am selling, hell no!
I would not sell the coin either, more likely I still had the coin on hand.

[Anonymous No.18797300]

>>18797183
Unironically, I spent 1000$ every month on new exotic coins, just becuase.

[Anonymous No.18797313]

>>18797223
>work in landfill
>sometimes i find cool things and i get to keep it
>needed new hard-drive and found one
>was a bit dirty but i cleaned it and powered up nicely
>go through files and find 70 fucking bitcoin in a wallet!
>some retard threw away 70 bitcoin!
>sold them all and became millionaire
>own my own landfill

[Anonymous No.18797318]

>>18797223
Damn.
Tucking hurts, you basically not only fucked yourself, you also fuck the rest of us by permanently removing 70coins from 21 mik

[Anonymous No.18797324]

>>18797223
i was already 27 and lived through the 90s dotcom boom and thought it was a useless 90s kind of internet money (beenz or flooz). i stopped going on /b/ for jailbait pictures and stopped going to /v/ and never visited /g/ so was never properly shilled

[Anonymous No.18797345]

>>18797260
dedication to being a dumb cunt? or do you think he's just pretending to be retarded?

[Anonymous No.18798518]

>>18796911
SEC doesnt prosecute, they are a market regulator with a certain range of capabilities regarding fines and trading bans

[Anonymous No.18798779]

In my mind, I always go back to 2011, when I first heard about Bitcoin, and I imagine myself mining it and keeping the coins.
How to break this cycle? It makes me depressed.

[Anonymous No.18799110]

I remember trying to buy bitcoin for $4 each from /b/ but my crappy computer wouldn't connect to the block chain because it would have taken 3 months to do it

Plus i opened an account with MTGOX so i would have lost everything with them

[Anonymous No.18799154]

>>18794358
>tfw I was there
>tfw I thought the evil central banks would ban it so it's pointless to invest in it

[Anonymous No.18799158]

>>18794447
No you wouldn't. You'd have left it on mtgox or lost your private key or lost it all on a scam shitcoin. Don't delude yourself

[Anonymous No.18799352]

>>18794436
>Be edgy libertarian high schooler in 2013
>Really into the idea of Bitcoin for about a month
>Don't have a debit card though to buy Bitcoin so I give my mom a few hundred bucks and ask if I can use her card to buy Bitcoin
>"Anon now WHY would you use all this real money and buy some fake internet money"
>Spend the next week using worthless btc faucets until I give up on the idea entirely
>Get to college and have a debit card so I decide to experiment with drugs
>Blow several whole bitcoins on weed and psychedelics on darkweb
>Don't save any of it
>Take the remaining Bitcoin left over after my drug binge and lose it all gambling
>By the time Bitcoin moons to $20,000 I only have about $1k worth of it in a wallet I forgot about
I missed my chance to escape wageslavery so now I'm stacking up on ETH and LINK. Not going to let this happen again

[Anonymous No.18799522]

[Anonymous No.18800074]

>>18799522
God it hurts reading these

[Anonymous No.18800077]

>>18794436
I remember around that time hearing about it as a teenager and was thinking about buying some so I could get acid and mushrooms on the silk road but at the time it seemed too complicated to get into so I ended up not. I think about if I had bought bitcoin to buy drugs I probably would have at least a couple bitcoin left in my wallet that I would have forgot about for years. fuck

[Anonymous No.18800667]

Unless you had proper backups from that time and stored the private key in base64 encoded format, you wouldn't had any BTC today. Also:
>almost no exchanges
>exchanges always getting hacked
>exchanges always getting DDoS'd when you wanted to trade
>no lightweight wallet, entire blockchain had to be downloaded and up-to-date

[Anonymous No.18801363]

>>18794747
yes?

[Anonymous No.18801444]

Crypto Counsellor here.

Reply to this post with your "I wish I bought bitcoin in [x]" story and I'll tell you what you need to know to put your mind at ease.

[Anonymous No.18801476]

>>18801444
I wish I bought bitcoin in 2011, when I first heard about it.

[Anonymous No.18801671]

>>18801476
Do you have a history of hoarding/saving everything else in your life?
I don't mean random medals from high school soccer, I mean stocks and money?

Odds on that you would have sold the coins at 100, or 500, or at most 1000, nobody anywhere predicted the rise to what it is and after all that let's say you did. The market back then was flying by the seat of it's pants.

Where would you have exchanged them at the time?
Exchanges were hacked all the fucking time, you very well likely could have just made some scammer rich.
Do you even think you'd remember your wallet and keys? Or be sure the hard drive would maintain it's integrity for 10 years?

And after all that....that *all* of those factors would line up?

Anon, there's a reason almost nobody got that lucky and it's because it's next to fucking impossible. Relax, have a laugh about it, it's a nice scenario and I'd be happy for you if you were rich as hell too but it's a fantasy.

The ones we really have to feel sorry for are the guys who bought thousands of them and then threw the hard drives away...those poor cunts need god.

[Anonymous No.18801710]

>>18797345
he's just playing retarded. fud is the fingerbox of crypto

[Anonymous No.18801786]

>2030
>go to /biz/ archive
>search bitcoin
>oldest posts first
>mfw

[Anonymous No.18801843]

>>18801671
Thanks.
What I really regret is not buying in 2015, when it was 200$ and ETH was 1$ or something like that, but it all seemed too risky.

[Anonymous No.18801893]

>>18799352

We are in a similar boat, my dude. I bought at a bunch at ~$30, bought stuff on Silk Road 1.0, and promptly forgot how to access that wallet. Oh well.

Later, I bought more at $600. Not a ton, but enough to make a little bit of money when it exploded.

At the moment I probably have about $5,000 worth.

[Anonymous No.18801990]

>>18794513
when i was 10 i heard about it playing counterstrike source, i bought some at 300 when i was a senior in high school. will buy forever never selling.

[Anonymous No.18802038]

Pokered away 5btc on sealswithclubs. Was out'played' left and right. Quite sure that site was a honeypot and they made of with millions.

[Anonymous No.18802043]

/biz/ will be the inverse of /g/
buying btc anywhere above $8k right now is a bad idea

[Anonymous No.18802651]

So does everyone understand this time?

Don't fucking sell or spend most of your btc

[Anonymous No.18802780]

>>18802651
Literally This

[Anonymous No.18802858]

>>18800667
God, I haven't seen that interface in so long. Takes me back...

[Anonymous No.18802864]

>>18802651
Yes everyone understands and that's why it will never moon hard again. Everybody knows it's a useless meme and holders are just waiting for the greatest fool.

[Anonymous No.18802894]

>>18794436
>was gonna buy Bitcoin in 2010
>"meh sending ID to mtgox is too much of a pain, whatever"
Kill me.

[Anonymous No.18802898]

>Bizfags laughing at ANYONE

[Anonymous No.18802933]

>>18794999
I bought in 2017 with $0.5 average cost
Sucks to know I paid more than average 2018/19 new fag despite being early

[Anonymous No.18803055]

>>18801786
They will be searching for LINK and discover our retarded memes

[Anonymous No.18803142]

>>18794469
no you didnt

[Anonymous No.18803365]

>>18802894
This is a very underrated reason why many anons who are regretting not getting BTC back then, probably wouldn't have gotten any even if they tried to
You have to remember, before bitcoin was mainstream, it was seen as being shady as fuck due to its use for hard drugs, cp and black market credit card info. And it wasn't just seen this way by normies; even 4channers were wary of it for these reasons
There was a fear back then that putting any of your credit card/passport info on a site associated with bitcoin, was a high risk for getting your personal info stolen in a hack or exit scam
This is a fear that is still present today to a lesser extent. There are anons posting right now who are deep into crypto but have never even thought about giving their credit card or government ID to even the most legitimate regulated crypto exchanges

[Anonymous No.18803560]

>>18794436

same

AHHHHHHHHHHHHHHHHHHHHHHHHH FML

[Anonymous No.18803602]

>>18794999
r u a fukn spastic? it was a 3x for ICO investors

[Anonymous No.18804601]

>working first job circa 2015
>hear about bitcoin from /tech/
>think about buying some but end up blowing all of my checks
>don't end up buying any btc until just before the 2017 bullrun
>finally consider myself "into" crypto
could have done a lot worse but it still hurts

[Anonymous No.18805779]

>>18794436
You were literally a kid back then, that's a good excuse

[Anonymous No.18806313]

in 2010 I was a 12 years old playing GTA IV fuck this shit

[Anonymous No.18807009]

>>18794655
What the fuck is it with you redditors and weed?

[Anonymous No.18807224]

>>18801990
That's the spirit.