It's story time. If anyone remembers, a few years ago I made a similar thread because I wanted to share the story of how I missed out on $100,000 in the stock market in 2014. Back then I sold 20,000 shares of a really cheap company that cost like half a cent per share. But literally 6 days after I sold them, the price went from half a cent each to more than $5 each and it was one of the worst moments of my life.

https://www.vizzed.com/boards/thread.php?id=92938

Today I wanted to share a similar story.

Some people here know that I love messing with stocks. Back in 2014 I was very active, and earlier this year when the stock market crashed, I talked about stocks a lot. Plus every now and then, people start wondering how I randomly get to buy whatever I want. But that time I missed out on $100,000 was nothing compared to my experience with Bitcoin.

I was just talking about this with my friends last night and we talked about how dumb we are. (Mostly them though)

Way back in like 2012 I was a big supporter of Bitcoin. I thought it was awesome. At the start of the year it was only $5 and I ended up buying a few. I also used many of those weird Bitcoin faucets that gave you a small amount of Bitcoin like every hour or so.

And I got my 2 best friends to join in. They thought it was cool for a while and we would each do a few faucets every day, to the point where we were getting like .5 Bitcoin every day.

But after like a week they just gave up, one of them said it wasn't worth the work because at the time it only came out to $2.5 a day. Then I stopped too because they made it sound like it wasn't worth it and I didn't want to do it alone.

2017 came and I was shocked at how expensive it was, $5,000 each around summer. I struck gold and sold my 10 Bitcoin for around 50K. I was able to pay off a large chunk of my student loans and get a bunch of stuff for myself.

But I constantly thought of what things would have been like had my friends and I not given up. Had we kept doing the free faucets the 3 of us would have combined for around 2,000 Bitcoin by the end of 2015 before the price skyrocketed. And then the price only kept going up from there, it hit around 17K later that year and is currently at more than $26,000 each.

If we were to put in money back then, every $100 then would have turned to $520,000 today. And if we kept doing the free stuff each day, we would have each had more than 1,000 Bitcoin.

And each time we think about what could have been, it breaks us.

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The thing about any criptocurrency is that it's not something that gives you benefits right away. Bit by bit you build a great load, and when the moment is right, you can get the benefits you hoped for or even much higher.

It's a dangerous world if done wrongly, but you and your friends were actually doing it the way it should be done for both your and the Bitcoin's own benefit. I guess you guys faced the problem of all youngsters, wanting everything here and now. And once you grow up and see the world with other eyes, you realize just how stupid you were.

I'm not sure those faucets would have survived to this day, given what you say about them. There are similar systems in existence right now, like Kuailian, so maybe to this day those faucets would have been regulated in order to avoid any massive exploits.

EX Palen : 8 of the faucets that we used back then are still active today. I randomly logged in to one a couple weeks ago and it said something like 800 days since last claim.

Back then it was pretty simple to get money when you wanted. Right now, if you put 26K into one, and it goes up by say 1K, that's not a big jump.

But back then, it pretty much doubled every 1-2 months. When I graduated high school it was all the way up to like $150 so I cashed out a few and then forgot about them until 2017.

Oh boy, I posted this 9 days ago and it was $26,000 each. Today I checked and it's $39,000 each.

If we kept this going just until Bitcoin hit like $100 we would have had so much money. Just the $10 that I put in would have been worth about $78,000 today, Bitcoin is insane.