• ShunkW@lemmy.world
      link
      fedilink
      English
      arrow-up
      0
      arrow-down
      1
      ·
      6 months ago

      I forgot about Bitcoin when it was still mostly worthless. I got rid of my old laptop when it had a ton of issues. I had around 8 btc left in a wallet after spending several hundred on um… An ancient trade route lol.

      • skyspydude1@lemmy.world
        link
        fedilink
        English
        arrow-up
        0
        ·
        6 months ago

        This is also what a lot of people forget how it was at the time, thinking “if only” they had been early adopters and how they’d be millionaires. I was one, and had found it was great for traveling said “trade route”, but also watched when Mt Gox collapsed and tanked the price 75% while stealing millions from people, and decided to take my winnings and leave the table.

        How many people would see that shit and be like “Yes, I’m going to hold onto this for the next 10 years when it’s worth something” and then sit through the number of 50+% loss events that happened?

        You would have done exactly what 99% of early adopters did, and considered yourself incredibly lucky that you managed to make 1000% returns and sold.

        • ShunkW@lemmy.world
          link
          fedilink
          English
          arrow-up
          0
          arrow-down
          1
          ·
          6 months ago

          Yeah it sat in my wallet for a long time and wasn’t really gaining any value. I didn’t have a need for the trade route anymore cuz I just used it once for some exotic spices that I didn’t really care for. Mining wasn’t an option for me because I didn’t have a powerful computer as a broke college kid. So I just kinda checked out.

          Still sucks to think about how I could have ended up with a great return, but hindsight is 20/20 and all that.