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[georgelupino]

Would it have been easy like today to have purchased like maybe 12 or 1300 usd worth of bitcoin before july 2010 on early exchanges online?

 

[dondondon5]

No, it wasn’t easy. Before July 2010, buying Bitcoin required technical know-how, using forums, and arranging peer-to-peer trades, early exchanges were limited or just launching.

 

[georgelupino]

No, it wasn’t easy. Before July 2010, buying Bitcoin required technical know-how, using forums, and arranging peer-to-peer trades, early exchanges were limited or just launching.

But if i wanted to buy this much bitcoin back it wouldnt have been simple enough to simply go to new liberty standard and buy it via paypal then?

 

[Spicy Chromosomes]

No, nowadays you can buy crypto with an average credit card.

Back in 2010, it was a more complex process, but even with mining or free faucets you could have made a good money with such huge valuation in fifteen years.

 

[georgelupino]

No, nowadays you can buy crypto with an average credit card.

Back in 2010, it was a more complex process, but even with mining or free faucets you could have made a good money with such huge valuation in fifteen years.

More complex but how if someone simply wanted to buy?

 

[MineAlone]

Early exchanges were few and not user-friendly. You also needed some tech knowledge and trust in something barely known. So while Bitcoin was cheap, actually buying it wasn’t as easy as today.

 

[georgelupino]

So if i wanted to buy 1000 usd worth of it on new liberty standard in april 2010, what hurdles would ive come across! What bull@#$% would i encounter just to buy it?

Early exchanges were few and not user-friendly. You also needed some tech knowledge and trust in something barely known. So while Bitcoin was cheap, actually buying it wasn’t as easy as today.