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From $1 to millions: the rise of 500 btc

A Bitcointalk forum user named Sabunir changed the game on January 24, 2010, by offering an image for 500 Bitcoin, which cost just a dollar back then. Now, in 2026, that 500 BTC is worth millions, stirring discussions on crypto forums about early investment strategies, market trends, and the lessons learned from this remarkable journey.

By

Omar El Mansour

Jan 24, 2026, 07:22 PM

Edited By

Ahmed Khoury

Updated

Jan 25, 2026, 02:55 AM

2 minutes reading time

A graphic showing the dramatic increase in Bitcoin's value from $1 to millions, with a visual of coins and upward arrows representing growth.

The Backstory and Its Significance

Sabunir's gamble on digital art set off a wildfire of conversation regarding the evolution of Bitcoin from a digital novelty to a highly sought-after asset. Users reflect on the original price point, offering nostalgic takes:

"Good old times," one user reminisced, while another chimed in, "I wish I had received 500 BTC."

The mood remains mixed, with excitement and skepticism intertwining. Notably, one user questioned the potential price surge, stating, "I believe it will be $150k soon." Meanwhile, practical concerns emerged, such as the unfortunate fate of many who lost their Bitcoin keys, suggesting they may have sold before reaching such heights.

User Sentiment and Insights

Discussions reveal numerous perspectives, highlighting key trends:

  • Optimism: Some users eagerly predict further appreciation of Bitcoin, reinforcing confidence.

  • Nostalgia: Reflecting on the early days, many express regret about missed opportunities.

  • Realism: Doubts linger around maintaining substantial gains, leading to questions about the past and present.

Engaging Quotes

  • "I think the majority of people who lost their keys would have sold already before Bitcoin reaches the price it is now."

  • "Looks like dude sold one, then cashed out a year later and made around $500."

This mix of admiration and envy showcases the profound impact Sabunir's choice has had on the community, sparking investigation into the speculative nature of cryptocurrencies. As users consider whether to jump in, they recognize both the opportunities and risks associated with early investments.

Whatโ€™s Next for Bitcoin?

Expectations remain high for Bitcoinโ€™s trajectory. Some analysts suggest a 70% chance of increased participation in the crypto market, spurred by stories like Sabunir's. This influx could drive prices higher and spark innovative investment strategies as digital assets gain mainstream acceptance.

Key Takeaways

  • โšก "Now I want to see those $45M pictures of theirs."

  • ๐ŸŒ Interest in Bitcoin could propel it toward new highs, with many betting on a price of $150k soon.

  • ๐Ÿ”‘ Casualties of lost keys echo as a cautionary tale within the growing crypto community.

Sabunir's early investment encapsulates both the unpredictable nature of the crypto market and its allure of potential wealth. As discussions unfold, people's increasing curiosity highlights a community eager to explore the power of digital assetsโ€”where fortunes can turn overnight and history can repeat itself.