The Bitcoin Regret Club website has been christened many names, top among them ‘The most depressing website on the internet’, ‘A club of wrong decision makers’, and even ‘How rich we should be’ club. But what does the Bitcoin Regret Club stand for?
You already know what Bitcoin is. As a currency and digital asset, the cryptocurrency is designed to work as a medium of exchange and as such, its value is not fixed but instead determined by the market forces.
The first real world Bitcoin transaction was conducted in 2010 when someone bought two pizzas for 10,000 Bitcoins. Since then, the dollar equivalent value of Bitcoin has been a rollercoaster, coming close to $20,000 per Bitcoin not so long ago. At the current exchange, Laszlo Hanyecz would have bought the two pizzas for about $200 million. This is the stuff that Bitcoin Regret Club is made of.
How Bitcoin Regret Club Works
If you are like most people, you heard of Bitcoin back when it had very little value. Bitcoin is the pioneering cryptocurrency in the market and it also happens to be the most popular and the most valuable. Bitcoin Regret Club basically presents you with a calculator to determine how much money you have ‘lost’ since deciding not to invest in Bitcoin.
The club has a simple but fancy calculator that requires you to enter a date that you would have invested in Bitcoin, along with the amount in USD that you considered turning into Bitcoin. From here, you will just click submit and the calculator will determine exactly how much money you missed making for failing to buy Bitcoins at that date.
The calculator in the Bitcoin Regret Club website is simple to use and does an excellent job of making users regret failing to jump on to the cryptocurrency bandwagon when they had the opportunity. The calculator not only determines how much Bitcoins you would have bought back then, but also returns a number of products that you would have bought with the amount had you been a more daring cryptocurrency investor.
Purpose of the Bitcoin Regret Club
Regrets is not all that the Bitcoin Regret Club aims to convey. On its homepage, the company says that it is too bad that you regret not buying Bitcoins, but regret does not pay dividends and you should instead take the bold step to invest in cryptocurrency now.
The world of cryptocurrencies is still evolving, and all kinds of currencies are emerging that you should consider investing in. Bitcoin too, is still a hot cake for long-term investors.
When you are done regretting how much you would be worth now had you bought Bitcoins when you heard of it first, make an effort to invest now and avoid future regrets.