Comment by milesvp
This is partly why I don’t feel bad about not buying bitcoin at $12. I did the math, and given my general investing strategies, where I rebalance periodically, I doubt I’d have made more than couple hundred thousand. It’s real money, but not the millions I once imagined I’d have made. Also, it felt risky at the time, so the money I might have lost would have been real to me at the time.
I never even saw it as a speculative investment. I had my eye on it at the same $12/coin price and thought "this is great, it will be the ultimate PayPal killer for online shopping". This was at the height of PayPals evil ages where they were enabling scammers and shutting down and blocking legitimate businesses. 12 years later PayPal has gotten a lot better, less relevant, and almost no one uses BTC for online retail shopping.