1. What happened to that junior student back then?

The junior student mentioned here is the junior student who asked the question on Zhihu at the end of 2011 and the beginning of 2012. The original text is this: A junior student has 6,000 yuan in hand and wants to make some small investments to earn money. Some money, any suggestions?

Then Babbitt and blockchain, the founder of Bytom, gave this answer that year: buy Bitcoin, save the wallet file, and then forget that you have 6,000 yuan. Look again in five years.

Before continuing the story, I would like to mention the BTC price that year and the BTC price in five years as mentioned in the answer.

At the end of December 2011, BTC price: $2.05 (no non-small data, sourced from Internet collection). At this moment, BTC has just gone through the bubble, falling from $29.5 to $2.05, a drop of 93%. Those who bought it at a high price almost quickly returned. It’s zero. There’s a reason why BTC couldn’t be held back then!

Let’s do the math. According to the ratio of 1 to 7, 6,000 yuan at that time could buy 418 Bitcoins. Yes, you read that right, 418 Bitcoins!

Then five years later, at the end of 2016, there was already data on the non-small account, and the BTC price was $780. From the end of 2011 to the end of 2016, in just 5 years, BTC increased nearly 400 times. Then let’s do the math, 6,000 yuan * 400 = 2.4 million yuan.

That’s right, it’s 2.4 million yuan. If a junior student gets it, he will be a millionaire in five years! The annual salary is 480,000 yuan!

2. Did that junior year student actually buy coins?

In order to explore the truth, whether the junior student bought coins at that time. I went to Zhihu's question log and found the user who edited this question, but unfortunately, it was an anonymous user and I couldn't open and view his related information.

It was finally dug out. This college student finally went to the bank to make financial investments for insurance. He missed millions, and now it should be tens of millions. However, netizens are really worried. The price of this post is constantly being refreshed. For example, the subject of the question, the current price of BTC is XXX, you missed XXX.

Don't know how, I. . . I don’t know what’s going on.

This college student’s approach is probably representative of most people, because most people may not have a strong interest in things they don’t understand. On the contrary, they will be afraid of the unknown. In addition, the threshold for Bitcoin transactions will be relatively high. , I guess it will be even more troublesome than it is now, right? So I didn’t buy it, which is completely normal. if I get it I am lucky, but if not, it is fate.

Although I missed the opportunity to make a fortune, this post became popular, with price reports one after another, which is heartbreaking, fellows! College students estimate that they will remember this incident for the rest of their lives and tell future generations that your grandfather almost used 6,000 yuan to earn tens of millions of yuan. What a pity! But I missed this opportunity to get rich! Remember from now on, you must learn to seize opportunities, try bravely, and chase any girl you like!

So what do you think of BTC now?

In fact, although the price of BTC now is very different from the price back then, the overall situation is exactly the same. You still dare not buy Bitcoin now. Why? Because there is insufficient knowledge, because the price is too high, because we cannot see the future of Bitcoin, and we cannot understand what Bitcoin is! Although the author doesn’t understand it, I still want to buy it!

Because since I am in the currency circle, if I want to buy, I have to buy the digital currency with the greatest possibility of profit, so I only choose Bitcoin, and only Bitcoin! Okay, there won’t be many BTC fans here. There are too many people who want to buy them, but they keep buying what they should buy, and those who don’t want to buy will never buy them no matter how hard they buy them!

I hope that in five years’ time, everyone will be able to comment on my article. Today’s Bitcoin is worth XXXXXX yuan. How is life in a villa near the sea? Today’s Bitcoin is XXXXXXXX yuan. How many young models did you play with today?