What about $35 and $250?
It's not currency, people don't want to use it like currency. They want it to be a viable get rich quick scheme. Because whenever you refuse to use it for normal commerce lest next week, next month, next year, you regret your purchase because of huge price swings. Everyone would engage in that sort of behavior and I'm sure it's not the basis for a healthy economy or currency.
Why? You'd have sold them at 150.
I found the hard drive from that computer a while ago, but there was no trace of the coins. There was no reason for me to keep them, after I'd finished playing with the software.
Basing your currency on trust is great... until the trust is gone. And trust can disappear with a glance.
I virtually went from £0 to £4k to £800. The ASIC miner (which I can now use as a nice doorstep) was paid off by selling half the amount I mined back then, so as of today that is still a £800 profit.
Glad i told them to stay away.
Thankfully he was joking.
I was there the week it was released. Lost 100 bitcoins to a hard drive crash and never looked back. They use to literally hand them out like candy. Mt gox happened and I never took it seriously ever again.
I'm quite grateful the trustee sold off a few hundred million dollars worth at around $12k. At least there are some funds available to pay out to creditors.
In mid 2016 mass market newspapers in the UK were running stories about using Bitcoin for holiday spending money - I vividly remember having a discussion with my wife about it.
Most people still don't care about crypto