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Yeah, but in 2010, bitcoin was a barely heard of crypto paper with no exchanges. To get in you would either have to mine it yourself (probably using command lin
by SimonPStevens 9y ago
Yeah, but in 2010, bitcoin was a barely heard of crypto paper with no exchanges. To get in you would either have to mine it yourself (probably using command line tools with a bunch of manual steps) or find someone to buy from in person or on a mailing list. That's a lot of effort for something that at the time just looked like a cool 3rd year project.
For every person that picked bitcoin and made a gamble, there are 1000 people regretting that they invested in some other idea that just quietly didn't go anywhere. Investing that early is not much different to gambling. You probably have better odds of winning the lottery that picking the next bitcoin.
- mrb 9y agoThere were at least 2 exchanges in 2010: BitcoinMarket.com (opened in April) and MtGox (July).