Bitcoin sythe history

I decided to have a search back through sythe threads and found this ;

https://www.sythe.org/threads/bitcoin-investing

This is what they said :

"Just going to post a tidbit to anyone looking for things to invest a couple hundred in for short to long term.

On 2012-08-29 i bought 17.5 Bitcoins for $10.2 each, $177 total. and today i checked the value of my bitcoints again, the 17.5 coins are worth $17.31 each, $302 total for a 41.69% return.

Bitcoints are appearing to be a more volatile market than most precious metals and stocks, it might be worth keeping a rainy day fund invested in bitcoins."


Can you just imagine if you were that person and decided to hang onto your Bitcoin collection he would have over 300,000$ today...


Do you think it will ever reach the heights of 100k +?


edit :

I am going to update this thread every month or so just to keep a track for future, when i look back and think how foolish i was for not buying btc so cheap. Prices below is GBP £ and the opening price of the day in accordance to yahoo.

22 Dec 2020 16,950.63
09 Jan 2021 29,723.25

 

lmfaoooo i wonder where this guy is now, living it up in the 1% i guess

 

I bet they sold it thinking it would flop at some point, or its fell behind in an account that they have forgotten about!

 

you can see in the thread all the People "Waiting for the bubble to pop" at 50-200$ per BTC before buying. Most likely biggest mistake of their life xD

 

also a funny quote here from the same thread from Fendle:

1. Apparently 21 BTC puts you in the millionaires club in the future lol. But yea I was going to buy at 60 but 100 is too much for me atm.
   
   

not far from being in the millionaires club

 

I rarely comment on the forum, but this gave me goosebumps. I remember buying 5 bitcoins from a private person to resell them to an other guy for double the price because back then it was impossible to buy bitcoin, you basically had to mine them. Biggest regret of my life

 

The guy who paid 10,000 coins for a pizza is probably ripping his hair out on a daily basis.

 

haha can you just imagine he spent £185 million on a pizza.

I think may be another topic in the future, someone will be posting i can't believe people thought it was a bad idea to dump the bitcoin at 20,000$ per coin its now worth 2million per coin.

 

meh was too young probably didnt think about making money at that time sad

 

It's actually astonishing how high the prices have gotten within the last few years.

 

i made this thread when bitcoin was at 20k$ per coin look at it now unreal.. not even a month later

 

The guy who spent 10000 bitcoin for a pizza is what helped bitcoin become what it is today. It is the butterfly effect, so no he shouldn't regret that action.

 

It's so fucking painful to know I had every answer to getting filthy rich in front of my face only to not capitalize on it because I *was* too young and unable to access Bitcoins. When I was 15/16 I was into Bitcoin but neither of my parents would let me buy some because of how dumb and stupid it sounded.

 

I've made plenty of bad decisions with BTC...

 

Who didn't ...

 

when you sell some rare names on here in 2010-2011 for a couple hundred BTC each, then buy RS gold with it all over the next week or so, then see the price now..

 

Real sad story man sorry to hear :'(