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Comment by austenallred | Hacker News Reader

13 people with 100+ bitcoin? Unfortunately I think this is another example of HN polls becoming completely unreliable.

At one point I owned about 150 bitcoins, but I sold the majority off at the $30-something peak a few years back. I also paid for my bitcoin miner back when bitcoins were $11, and my cost was 58 bitcoins. The miner that I finally received, has made me 5 bitcoins.

Sad times.

Yep I had about the same amount, when they were worth around 7-8$ a coin. Bummer, 40,000$ would be nice right about now.

Of course, if everybody knew BTC would skyrocket in value, and hoarded coins- hello deflationary spiral, hello BTC crashing in value.

I also bought at around $30. Back when the only way I could realistically get BTC was on IRC on #btc-otc using PayPal. I still have the original Excel spreadsheet I used to track the purchases and marking the ones where I got ripped off. Then it all went to shit in a few hours. Forgot about the coins until now.

It's equally probable that people are going to laugh their heads off in a few years that people were selling their coins at $300. I mean it was ridiculous to us that the $30 coins were selling at $250 in April.

That is not that much if you are dedicated to the idea of Bitcoin and make a point of investing a lot into them. I would not be surprised if a lot of Bitcoin die hards are also into StartUp culture and programming/building stuff.

I am actually surprised there are so few people who posted on the poll with 100+ Bitcoin.

I sometimes invest on Just-Dice and plenty of people have thousands of Bitcoin to throw around, a lot of these people are developers with a passion.

Not necessarily, there's plenty of people on HN who could have gotten in early when mining reaped greater rewards and/or the cost of BTC was very low.

Unfortunately I can't count myself in that bracket.

Why do you think 13 with 100+ is wrong? They weren't worth much a few months ago, and this is a website for hackers. I wouldn't be surprised if 10 of those 13 have thousands of coins.

At the time when I posted the comment that was almost 2x the next highest category

100 - 21,000,000 is a much, much larger range than 90-99.999.

If my understanding is correct, that's about $30,000 worth.

I bought about 350 coins with a week's paycheck not very long ago. They didn't use to be so expensive.

bitcoins at the beginning were like worth nothing, and 18 months ago they were only at 3 dollars/BTC as far as I recall.

There are a lot of bitcoin billionaires on HN.

Millionaires, sure, but definitely not billionaires.

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