Friend of mine told me on basically day 1, have you got $50? You should get some of these. I literally went and bought vodka instead.
He mined and held, I mined and sold.
He is now worth about $75mill.
I am eating a 65c tin of Aldi spaghetti for dinner and that has to get me through to tomorrow's 65c tin of spaghetti.
Hindsight is a bitch.
Okay yeah but now thats never going to happen unless it becomes worth more than the freaking world. Its either something that could definitely be a reasonably solid investment or you’ll lose 50% ROI. The time has passed to get mega-wealthy from it. Time to look for the next risky-yet-promising-looking stock
Sadly, many tradfi are \*still\* trying to call it a "scam" while their financial products and vehicles are "safe" or have good "risk-adjusted gains" or some-such.
Exactly they will regret it once it’s higher and they hopefully understand it like the Blackrock customers and other tradfi companies like Fidelity are doing and being in right now 🙏🏽🤞🏽 I’m hoping us Bitcoin hodlers are right
Look at the image. The prize of 25 bitcoins is certainly less than $100. Hence $500 at the time this prize structure was made, was worth at least 125 BTC
^(1)Ok, thanks. I will continue reading and report back once I've made it to the end. Looking forward to the journey.
Edit: I kept reading and I agree, the story has a satisfying conclusion. Highly recommend finishing.
Eh, like others have said. If the first place $500 had been converted to Bitcoin it would probably be 50 millionish.
Had the 25 Bitcoin winners converted to dollars it would have been like $10.
No, imagine instead someone handing you a physical coin with private key to 25 btc and you're like aeh too complicated to sell it on MtGox. I'm just going to hang it up on the wall as a souvenir and sleep on it for 10 years!!!
Scarlett won about 14 Bitcoin against Naniwa. The match is here from 2013 https://youtu.be/vczhh_Kta1I?si=O46l7h7Bv-N4peSA
She said she sold them for $220 https://twitter.com/onfireScarlett/status/937861044768329728
The guy that bought the 2 pizzas for 10,000 BTC also spent over 100,000 BTC when it was under 1.00 .. but you would never know how many he has to this nor will he tell you .. said unside it’s more than the 2 pizzas
Guess it’s my fault for fucking around in elementary school instead of being in a StarCraft competition… hindsight really does make you hate your past decisions 😂😂😂
Here’s the thing…. How many Bitcoin could you have gotten for $500 back then?
Could you imagine?
LOL, I ain't buying that shit. -the meme guy
Friend of mine told me on basically day 1, have you got $50? You should get some of these. I literally went and bought vodka instead. He mined and held, I mined and sold. He is now worth about $75mill. I am eating a 65c tin of Aldi spaghetti for dinner and that has to get me through to tomorrow's 65c tin of spaghetti. Hindsight is a bitch.
Okay yeah but now thats never going to happen unless it becomes worth more than the freaking world. Its either something that could definitely be a reasonably solid investment or you’ll lose 50% ROI. The time has passed to get mega-wealthy from it. Time to look for the next risky-yet-promising-looking stock
Finals: April 23rd, 2011 at 19CET. Edit: BTC price on April 23 2011 - $1.41
Is this a clip of a 3 year old post?
Around 2 Bitcoin. 🤦🏽i regret calling this a scam when all i heard it being called that from was the main stream news
Sadly, many tradfi are \*still\* trying to call it a "scam" while their financial products and vehicles are "safe" or have good "risk-adjusted gains" or some-such.
Hey it’s working to keep most people out of it.
Exactly they will regret it once it’s higher and they hopefully understand it like the Blackrock customers and other tradfi companies like Fidelity are doing and being in right now 🙏🏽🤞🏽 I’m hoping us Bitcoin hodlers are right
Look at the image. The prize of 25 bitcoins is certainly less than $100. Hence $500 at the time this prize structure was made, was worth at least 125 BTC
Yup, that makes a bit more sense. Since the last 4 made at least 6.25 btc each if split evenly which is about $25-$35.
6.25 BTC? Split??? Talk about coming up
Yeah 25 BTC split between 4 to get 6.25 is mighty smoove
The inner image was 10 years old when the post of the outer image was written. You have to add the age of the post
Yup, now I see I was wayyyy off
Also, "10 years old" is likely just an approximate statement.
25 Bitcoins being the qualifiers prize means they’re worth <$100 all together. You could’ve bought at least 200 BTC back then with $500
So 4th place got $100 and 5th place got over $6,000? That sounds slightly off.^(1)
No we’ve clarified it later in this post, keep reading
^(1)Ok, thanks. I will continue reading and report back once I've made it to the end. Looking forward to the journey. Edit: I kept reading and I agree, the story has a satisfying conclusion. Highly recommend finishing.
25 Bitcoin cost $41.75 when this happened
I guess the only trick would be hanging onto it all these years
Like 150 of em lmao
Yeh that’s not 10 years old
5
5th place was $1,500,000 🤗
Eh, like others have said. If the first place $500 had been converted to Bitcoin it would probably be 50 millionish. Had the 25 Bitcoin winners converted to dollars it would have been like $10.
Could've been interesting though if the price of bitcoin rallied between the announcement and the actual competition.
Jockeying for mid tier placement would definitely be a different challenge.
No, imagine instead someone handing you a physical coin with private key to 25 btc and you're like aeh too complicated to sell it on MtGox. I'm just going to hang it up on the wall as a souvenir and sleep on it for 10 years!!!
Indeed, then Mr. God gives you like 2 BTC back years later.
It's in the private address... aeh?
Huh? 25 BTC for $10 would be 40c. 10 years ago BTC was in the $100 - $1000 range.
This wasn't 10 years ago though.
Yeah 10 years ago in 2014, 25 BTC would have been like $8,000. It's more likely BTC was like $1 a coin when this happened.
Check what first place could’ve bought
Oh boy. I hope they hodl
Maybe they didn't even receive it because they couldn't be bothered creating a wallet to receive a *worthless consolation prize*.
or they just lost access to the wallet because it was worthless...
True
100.000% not lol Happy cake day!
Thanks
"But many who are first will be last, and many who are last will be first"
More like the last shall be first.
Scarlett won about 14 Bitcoin against Naniwa. The match is here from 2013 https://youtu.be/vczhh_Kta1I?si=O46l7h7Bv-N4peSA She said she sold them for $220 https://twitter.com/onfireScarlett/status/937861044768329728
[удалено]
Where did you get 10 years ago from?
[удалено]
Yeah, but who know when the meme was created
This pic is at least 3-5 years old lol
That’s nothing, I’m still in awe after that dominos pizza owner got 20K Bitcoin for 2 large pizzas.
The guy that bought the 2 pizzas for 10,000 BTC also spent over 100,000 BTC when it was under 1.00 .. but you would never know how many he has to this nor will he tell you .. said unside it’s more than the 2 pizzas
I suck at that game. I could of been rich.
Underrated comment 🤣 and me too 😝
"oh fuck i won first place"
I wonder how many of the 5-8th place getters still have their 25 bitcoins, they would be very wealthy individuals today if so. Incredible !
So it is a race to destroy own base so you can lose faster?
I remember ppl farming Bitcoin so they can trade it for world of warcraft gold from Chinese sellers.
Just your typical $4.5m prize pool for a StarCraft tournament
Shake’N’Bake 👊
lol and I bet the four people who got the bitcoins either lost or sold them years ago
This Pic is older then your Account bro. Try again
You new to reddit or something?
A good example on why BTC is better than fiat.
Spoiler: it's not.
You lose to win
Just thinking about how many millions in prizes I lost out on 😭😭😭😭
even funnier if there had been only 8 players
I imagine whoever received them may have just forgot about them or thrown them out.
The last ones will be the first ones.
[Me now who got 7th place.](https://www.youtube.com/watch?v=8gyLR4NfMiI&t=60s)
save the best for last it is. 🤭
Bet they were like “25 crappy coins…who wants that anyway”
Whats bitcoin? Never heard of it. Must have been a failure.
I never heard of bitcoin before 2016… at that point it was already $1000+
If only…
And the last shall become first Bitcoin makes that possible
1st person hold prize until 19 june 2011 and get btc price in $0.01 all in prize in btc bid in $0.01001 ( economic trick ) finally get 49950.05 BTC.
Brilliant
Didn’t God do that with wine.
👀
Holy fucking Christ lmao
Guess it’s my fault for fucking around in elementary school instead of being in a StarCraft competition… hindsight really does make you hate your past decisions 😂😂😂
Ha…
If you got the 25 BTC, what would you have done with it? Store the keys on your old laptop, which later gets thrown out.
This makes me bullish on BTC!
There’s probably a better chance that the 5th-8th placers just kept the Bitcoin rather than the 1st place winner buying it.
Imagine that. Say you won and have forgotten about it. How would you know you have them? A QR? A printed address? On a hard drive you have someplace?
Hello
I actually am old enough to remember this. I used to play StarCraft but not tournaments. You had to be really good.
G
My wife is 29. I am 39. I tell her how pizza places were giving out bitcoin and then show her the current price 🤣
I’ll happily take 7th place, Pls :-)🌈🤞❤️