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Where are the early Bitcoin miners on here?

post #1 of 17
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So I remember when Bitcoin mining was somewhat new, people were mining and saying stuff like "You just mine on your computer and get money". I was actually considering, then I was like nah sounds like a scam. I can't imagine though, those guys must have had at least a few thousand coins. Where are you guys now though? I remember threads from those people, but haven't heard about them ever since Gox hit $1k. You sittin on the beach in Bali gettin a massage or something lol?
    
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post #2 of 17
There's no way the people holding that many coins would make it public.

Doing so would paint a massive target on their heads.
post #3 of 17
Quote:
Originally Posted by frickfrock999 View Post

There's no way the people holding that many coins would make it public.

Doing so would paint a massive target on their heads.

^
post #4 of 17
I was mining bitcoins back in md-2011 getting around 10BTC/day up until the difficulty went to me making around 1BTC/day.

Then I sold them for $13 a piece. thumb.gif
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post #5 of 17
I started in 2010 and was getting around 25 BTC/day initially but sold most of mine at $230 each doh.gif
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post #6 of 17
Quote:
Originally Posted by frickfrock999 View Post

There's no way the people holding that many coins would make it public.

Doing so would paint a massive target on their heads.

Someone on Reddit made an announcement about converting about $1.5 million worth of Bitcoin he accumulated over the years. It's a repost from a gun forum, so I don't think he's too worried as he probably has enough guns tongue.gif He planned to produce a film with the money as it's been one of his life long ambitions.
post #7 of 17
Quote:
Originally Posted by Willanhanyard View Post

So I remember when Bitcoin mining was somewhat new, people were mining and saying stuff like "You just mine on your computer and get money". I was actually considering, then I was like nah sounds like a scam. I can't imagine though, those guys must have had at least a few thousand coins. Where are you guys now though? I remember threads from those people, but haven't heard about them ever since Gox hit $1k. You sittin on the beach in Bali gettin a massage or something lol?

I started mining bitcoins shortly after GPU mining became possible and mined about three hundred coins (many of them on a laptop with a 5650M).

I've sold BTC everywhere from 1 to 1000 USD, but the overall average has been about $5-10 dollars per BTC. The bulk of my BTC were gone long before BTC cracked the triple digits.

My wife has a 60,000 dollar Kindle Fire.
Quote:
Originally Posted by ccRicers View Post

It's a repost from a gun forum, so I don't think he's too worried as he probably has enough guns tongue.gif

Firearms are stolen way more often than cryptos are, and a stash of them isn't a deterrent, it's a temptation.
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post #8 of 17
I mined/bought 20 BTC when they were $50 in March - I held them through the roller coaster till they hit 1K and sold.

It's funny though, I've made more in penny stocks being an avid trader.

There's a few members on here that have bough corvettes entirely with Bitcoin though.
post #9 of 17
im curious, how do you guys even hear about this stuff and find out whether its legit or not?

i remember in 2010 when i first heard about bitcoins, i brushed it off.

now they hit a peak of 1k per coin couple months ago? yeah, makes me want to kill myself for not even having a 2nd look on this in 2010.


so how do you guys even jump in on this kind of stuff when it first pops out?
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post #10 of 17
Quote:
Originally Posted by IMKR View Post

im curious, how do you guys even hear about this stuff and find out whether its legit or not?

i remember in 2010 when i first heard about bitcoins, i brushed it off.

now they hit a peak of 1k per coin couple months ago? yeah, makes me want to kill myself for not even having a 2nd look on this in 2010.

so how do you guys even jump in on this kind of stuff when it first pops out?

I heard about it on another forum that I was a part of at the time and then just did some research on it and took a gamble and fortunately it payed off!
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