• oldGregg@lemm.ee
      link
      fedilink
      arrow-up
      32
      ·
      1 year ago

      I fucking did buy bitcoin when it was pennies, but dumbass past me had a nasal problem and spent it immediately.

      • Corkyskog@sh.itjust.works
        link
        fedilink
        arrow-up
        3
        ·
        1 year ago

        At least you got some fun out of it. The majority of the BTC I ever owned was on my parents computer that somehow wound up in my aunts hands. She stripped it and sold it all for parts…

        • wtfeweguys@lemmy.whynotdrs.org
          link
          fedilink
          English
          arrow-up
          1
          ·
          1 year ago

          Depends how early, right? First days/months of bitcoin they were trading for fractions of a penny. What’s the ROI from $.0001 to $60,000? And in only 14yrs rather than 40.

          • candyman337@sh.itjust.works
            link
            fedilink
            arrow-up
            3
            ·
            1 year ago

            ah you’re right, a single apple stock has only going up 5800 dollars in the past 40 years, which really shows you just how insane and unregulated crypto is

            • wtfeweguys@lemmy.whynotdrs.org
              link
              fedilink
              English
              arrow-up
              1
              arrow-down
              2
              ·
              edit-2
              1 year ago

              Insane? Yes. Unregulated, also yes. But if you remove the specific issues with bitcoin itself (like that it’s almost entirely used for speculation so far) and just look at the numbers you can see it’s not out of line for a brand new medium of exchange that starts trading at essentially zero but has the theoretical potential to be a major currency in world trade to have an almost unfathomable upside.

              Mcap at launch: basically zero

              “Mcap” of world trade: trillions (quadrillions?)

    • thedoginthewok@feddit.de
      link
      fedilink
      English
      arrow-up
      0
      ·
      1 year ago

      I still remember the first time I read about bitcoin and thought to myself “better check this out”.

      Only I forgot about it until years after that lol