What Were Early Users Saying About Bitcoin Until 2013? Posts and Crazy Sales

What Were Early Users Saying About Bitcoin Until 2013? Posts and Crazy Sales


Driven by nostalgia, I thought I'd share some of the most incredible comments/post on online forums about Bitcoin's early years. Fasten your seatbelts, because these stories are incredible. They'll also help you understand why many people have been "holding" Bitcoin in recent years, without selling it. I remind you that according to Satoshi Nakamoto's whitepaper, Bitcoin was supposed to be "electronic cash" a payment currency. However, it should also be remembered that Bitcoin was born during a period of global crisis (2008), and its founders also made it a declining-inflation asset (it halves its emissions every four years, reaching 21 million, which will be fully mined in 2140). You can use Bitcoin however you want:
1) An uncensorable and unconfiscatable means of payment, without asking anyone's permission.
2) A store of value (because it grows more than fiat currency in the long run).

 

BRIEF RECAP OF THE PERIOD
The most famous case was "Bitcoin Pizza Day," where 10,000 BTC were spent to buy two pizzas ($40). However, there are many other incredible stories because at the time, early adopters used Bitcoin as a currency.

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HISTORICAL QUOTES
"I am pretty confident we are the new wealthy elite, gentlemen"
"Maybe it’ll reach $1 someday"
"Bitcoin has no intrinsic value"
"Why would anyone pay real money for this?"
"It’s just an experiment"
"I’ll just mine more later"
"This is basically free money anyway"
"This is a bubble. $10 is way too high"
"There’s no way this can sustain above $10"
"Why would anyone buy bitcoins at $10?"
"Sold my coins at $8, happy with the profit"
"$100 per bitcoin is insane. This can't last"
"Fundamentally, Bitcoin should be under $10"
"It will go back to double digits soon"
"Sold everything at $120. No regrets"
"$1,000 is impossible"

 

THREADS/MESSAGES
- November 2009, Satoshi Nakamoto's first message: Welcome to the new Bitcoin forum!

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- In January 2010, a user named Subunir tried to sell an image for 10,000 BTC ($1): A newb's test - anyone want to buy a picture for $1?

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- In March 2010, this user tried to auction 10,000 BTC for $50, but No one wanted to pay that much: Bitcoin Auction: 10,000.00 BTC --- Starting Bid 50.00 USD

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- May 2010, one of the most famous events, also known as "Bitcoin Pizza Day," where Laszlo bought two pizzas for 10,000 BTC: Pizza for bitcoins?

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- In June 2010, Andresen invented the faucet concept, which distributed $5 BTC by solving a CAPTCHA: Get 5 free bitcoins from freebitcoins.appspot.com

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- In November 2010, bitboy created the Bitcoin logo: More Bitcoin logos, buttons, and also some other graphics

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- June 2011, a prophetic message in which a user openly says that they are pioneers and the new wealthy elite of the Future: I am pretty confident we are the new wealthy elite, gentlemen.

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- In June 2011, this user posted this message after purchasing 259,684 BTC for $2.6k: I'm Kevin, here's my side.

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- Also in June 2011, this user lost 25,000 BTC: I just got hacked - any help is welcome! (25,000 BTC stolen)

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- In July 2011, the concept of "Proof of Stake" was mentioned for the first time (which later became widespread): Proof of stake instead of proof of work

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- In October 2011, a user named Altoid was recruiting programmers. Who was he? Ross Ulbricht, the founder of Silk Road. This was one of the messages that led to his loss of anonymity and his subsequent arrest: IT pro needed for venture backed bitcoin startup

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- In July 2013, the first ICO (MasterCoin) was launched: MasterCoin: New Protocol Layer Starting From “The Exodus Address”

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- In December 2013 (when BTC was just starting to correct), this guy invented the concept of "hodling" (not selling): I AM HODLING

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- Hal Finney, the first to receive $BTC from Satoshi Nakamoto, died in 2014, but his last activity dates back to 2017 (oddly enough, (True?): Hal (Profile)

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How can you not be romantic about Bitcoin?

 

Are you interested in ways to earn crypto bonus? Check it out here: Some Sites To Earn Crypto Bonus (Old & New)  

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