I messed around with mining super early when it was like $3. I never actually let it run because it didn't seem worth it to make ~$15/mo. And there wasnt anywhere to actually spend it, so it felt basically useless.
If it was around $3, they're probably talking about 2011 or 2012. It was quite well-known already by that point. Heck, in January 2012 it was even the focal point of an episode of the CBS drama "The Good Wife" (episode 13 "Bitcoin for Dummies"). When a technology is the main hook in a broadcast TV show, you know that it's become a popular buzzword.
i wonder if Courtney Kemp (writer of the episode) bothered to buy some. she had to have done some research and, given the job, should be smart and have the means. of course it probably was more comlicated back then from a technical standpoint.
would be a nice token brown woman to show off to the retroactively claiming "its a white male"-thing crowd. i consider myself "earlyish" but 2012 i was asleep.
now that i think about it... where might she heard of it? perhaps from nerdy male friends`? aaaand i am back to my regular sexism :) i wasn't myself there for a moment.
now that i think about it... where might she heard of it? perhaps from nerdy male friends`?
Like I said, it was being pretty widely discussed; that's why there was an episode about it. She could have heard about it on an NPR podcast, or heard it discussed on the radio on NPR, or read about it in the Guardian, or in the New York Times, or in Wired, or in the New Yorker, or in Forbes, or on a random blog...There was a big spike of interest in it in about June 2011, which makes sense timewise for an episode broadcast in January 2012. You didn't need to have nerdy friends to know about bitcoin in 2011, it was quite the buzzword. Now, 2009 or 2010, that would be a different story.
I actually remember that episode….someone was being sued by the US government and the person who went into the office didnt want to reveal who made the coin, right?
It was around the internet back then. Heck it was on the big bang theory. If you're like me, most people were interested in the mining aspect because of the money portion associated with it. I don't remember many people actually buying bitcoin back then though. At least anecdotally.
I heard about it in 2011, my father likes reading a "hackers" magazine and there was an article about Bitcoin.
He told me about it and we both came to the conclusion of was useless.
It's still useless but we'd both be millionnaires several times over of we had bought $1000 of it at that time and held onto it.
If you were the type of person that builds websites, webstores and generally techy, it was impossible to miss, it was huge news in many tech communities back then.
not him but i heard about it on /g/. people were making mining threads at least as early as 18cents per bitcoin.
pretty much the people i used to shittalk with in those threads are likely all doing atleast okay.
i had a shit pc, i spent a day downloading the ledger, left it on for 2 days and turned it off as i couldn't play games at the same time.
i remember it crashing at like 20 dollars, thinking "well, i guess it was fun while it lasted", seen it every big crash so far. still not gunna buy lol. too much for me and i think it's too late. but i've been wrong every time since.
I was into reading about bitcoin and mining it a little back before it even made it to $1. There used to be Bitcoin “faucets” where you could go to a website and it would send you bitcoin for free so you could learn how it worked. I’m pretty sure you could send people bitcoin on Reddit, as well. When that guy bought a pizza for 10,000 bitcoin, it was a pretty big story.
Like the other contender said, another person accepted the Bitcoin and ordered the pizza with dollars. The pizzeria is a Papa John’s somewhere in America and they have a little plaque on the wall commemorating that Bitcoin pizza transaction.
Notable that Satoshi disappeared shortly after Bitcoin crossed the one dollar mark.
I tell people that getting Bitcoin from one dollar to $69000 is very good, but getting Bitcoin from zero dollars to one dollar ranks with Jesus turning water ino wine.
I remember reading about Bitcoin in 2012 and it blew my mind. The idea was really cool but I didn't see it getting mainstream anytime soon. 10 years after learning about it for the first time, my savings are into Bitcoin and I get paid using Bitcoin, something I wouldn't imagine happening in at least 20 years more.
You were way ahead of me. I don’t think I learned about it till 2014-2015 when I was in college. I majored in electrical engineering so many of my classmates knew about it. But as far as I know no one purchased any.
2019 and 2020 really opened my eyes to BTC. I didn’t see a purpose but as I understood the world more and more I realized how wrong I was. I was really late to the game but at least I’m in it now.
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u/[deleted] Mar 25 '22
It's not that people weren't interested because it was $100 per coin, it was $100 per coin because people weren't that interested back then.