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Message
re: Someone sold 80K Bitcoin for $9.6B they bought in 2011 for $54K
Posted on 7/20/25 at 9:45 am to WG_Dawg
Posted on 7/20/25 at 9:45 am to WG_Dawg
quote:
One of my favorite things about bitcoin threads is the handful of folks with the "I almost bought a ton of btc in 2010, if I had I'd be a billionare today! Aaarrghhhh I'm kicking myself, oh what could have been!!"
In 2017 btc was still under $2K. THREE years ago in 2022 it was under $20K. TWO years ago you could have still bought when it was $35K. Point being...anyone that has any desire whatsoever to possess BTC has had AMPLE opportunity to do so.
I posted that in my post. It's true on all accounts. A friend tried to get me to buy some when it was dollar cheap, but I couldn't or didn't want to understand it.
Then when it was around a thousand a coin, I actually knew what it was about, the tech, etc. but still didn't buy it. I'm more upset about that.
This post was edited on 7/20/25 at 12:21 pm
1
Posted on 7/20/25 at 10:14 am to Oates Mustache
Bitcoin is a fad. Just bought some ethereum. It's gonna be better than gold!
Posted on 7/20/25 at 11:00 am to OweO
quote:
Do you know how it works? Get ChatGPT to explain it to you, You think the government can hack a blockchain before anyone else? The government just so happens to have that one person who can do it?
The government can run nodes and ISP providers support the bandwidth right? Individuals and businesses run nodes as well. If that stops then the system fails doesn't it?
Posted on 7/20/25 at 11:37 am to stout
Still a ponzi scheme. And there are winners in a ponzi scheme.
Posted on 7/20/25 at 12:16 pm to stout
As impressive, Someone(s) bought Bitcoin for $9.6B.
Posted on 7/20/25 at 1:52 pm to HailToTheChiz
Is bitcoin on a public block chain? That would make it a lot more secure.
Ask ChatGPT if any governments can hack Bitcoin. It says in order to hack bitcoin someone would need to control more than 50% of the mining power.
It also says its designed to make manipulation or rewriting the blockchain economically and logistically prohibitive.
Ask ChatGPT if any governments can hack Bitcoin. It says in order to hack bitcoin someone would need to control more than 50% of the mining power.
It also says its designed to make manipulation or rewriting the blockchain economically and logistically prohibitive.
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