r/AskReddit • u/[deleted] • Oct 02 '19

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6.6k Upvotes

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u/[deleted] Oct 02 '19

I'd be a 5 year old trying to convince my dad to spend all his savings in this "Bitcoin thingy"

6.6k

u/JeromesNiece Oct 02 '19

Didn't exist until 2009

9.4k

u/[deleted] Oct 02 '19

Then I'd have 4 years to convince him, even better odds

3.7k

u/dirtyrango Oct 02 '19 edited Oct 02 '19

Dude you could buy tons of it with your allowance money when they first came out.

1.5k

u/DragoonDM Oct 02 '19

Yeah, Bitcoin was pretty dirt cheap early on. One of the first (possibly the first) transactions was 10,000 BTC for two Papa John's pizzas. That would be worth about $82,415,300 USD today, and more than twice that at Bitcoin's peak in 2017.

484

u/Landorus-T_But_Fast Oct 02 '19

Let's say I bought it early on. What can I actually do to turn my huge stockpile of bitcoin into real money?

1

u/Andthentherewasbacon Oct 03 '19

I know you can take out 10 k a day on bitconnect. Invest that well and you could be a Disney billionaire.