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Comment by PaulJoslin

This is why I was unable to buy bitcoins when I first read about them on HN in 2010 and similar in 2011 when the price had gone over $1 and actually showed promise. (I have some emails to colleagues / friends showing my frustration at the time of wanting to get some)

I always wanted just 1 (still do), but back in 2010 I was just going to spend £100 and see what happens. It seems in the US the people who did similar to what I wanted to do in varying forms made good profits (and had an interesting ride).

This is different from 'speculating' (e.g. 'oh I wish I had actually bought some') - I had full intent and wanted to buy them, but just the barrier to entry due to UK regulations were very high. I even tried to arrange peer to peer transactions through reddit or in person but they also seemed difficult. Most people I ever met in person who had any didn't want to sell due to the belief of the ever increasing price.

parent PaulJoslin 13 years ago

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