Bitcoin Time Travel; How To Time Travel Back To When Bitcoin Was Just $10
I've heard people say that they want to time travel back to when bitcoin was just $10 so
they can buy some
Well, it may sound incredible, but I have just figured out a way to do it!
Really!
Today is November 13, 2017 and at NE Seeds you can buy beefsteak tomato seeds by the
ounce
An ounce has 9,000 to 11,000 beefsteak tomato seeds
A quarter pound is 4 ounces
That quantity sells for $16.95 plus a shipping charge of $6.95
The total is $23.90 for about 40,000 seeds
That comes out to 16.7 seeds for a penny
If you plant 16.7 seeds, will you get your money back?
You might, if you water the plant according to its needs and if the soil has what the
plant needs
We will assume that your soil is fine and it doesn't need any fertilizer
Tomatoes need a slightly acidic soil
The acid dissolves the nutrients in the soil and makes them available for the plant
Farming requires skill and at first, you won't have that skill, so begin this year and maybe
later you can raise tomatoes
This video is going to show you how to acquire bitcoins for $10 each and a little bit of
your work
If tomatoes grow easily in your soil and if the rain falls naturally and often, then you
might need to do only a little bit of work
How much do you pay for tomatoes in the store?
$2 per pound?
When I can get them for $1/pound, I grab them!
If you had a roadside stand, I would drive from Arizona to your tomato stand to get them
for $1 per pound, if the locals haven't bought them all, by the time I get there!
Let's use $1 per pound as the value, OK?
The fruit weighs an average of 12 ounces per tomato
The seeds germinate in a week or two
There are 90 days to maturity
We have all the facts we need and now I ask you: "What is the potential?"
Potential does not mean average
It means, 'potential'
You may have the potential to grow 7 feet tall, but if you don't eat the breakfast cereal
of the superstar basketball player, you might only get to 4'11" like James Madison, principle
author of the US Constitution!
A lot of times, short people are mental giants
Giants are good for one thing, weather forecasting!
They know it's snowing, long before YOU do!
Short people have their uses too
For example, you might need a short person one day when you drop your keys under the
deck!
Be nice to short people!
The USDA says that you will get 10 to 15 lbs of tomatoes from each plant, on average
Of course Charles Wilber obtained 1,368 pounds of tomatoes from 4 plants, using kudzu, a
legume that fixes its own nitrogen
342 pounds of tomatoes on average from these four plants
That's a lot higher than 10 to 15 pounds per plant, isn't it?
So, the potential is much higher than the average, isn't it?
Nitrogen is one of three main nutrients and there are about 25 more that are needed in
trace amounts
You are not a farmer yet, but you will be!
You will have 7-14 days to read up on this stuff, once you put your seeds into soil
Start them indoors and transplant them outside, after the last frost
What we are going to do is buy tomato seeds from NE Seeds for $23.90 including shipping
and we are going to plant all 40,000 seeds and sell off the tomatoes and buy bitcoin
In this way, we can reduce the price of bitcoin to just $10 each
Are you ready to do the math?
We have a POTENTIAL.................a POTENTIAL.................got it?
POTENTIAL of 40,000 plants
Each plant renders 10 to 15 lbs of fruit with a value of $1/pound
So we have $400,000 to $600,000 POTENTIALLY, not guaranteed, but as a POTENTIAL
If the farmer was Charles Wilber, how many pounds would he get?
We already know that he obtained 342 pounds from each of 4 plants, don't we?
So Charles Wilber could get 13,680,000 pounds from $23.90 worth of seeds from NE Seeds
You're not going to get that, because you don't have kudzu growing all over your house!
Charles Wilber can make $13.7 million from $23.90 worth of seeds, but you can't!
You are limited to about 10 to 15 pounds of tomatoes per plant!
Let's use 10 pounds and make this very, very conservative!
You have 40,000 seeds and you get 40,000 plants and each plant gives you 10 pounds of fruit
How many pounds of tomatoes is that?
40,000 x 10, right?
You sell these 400,000 pounds of tomatoes for $1 per pound and they fly off the shelves
of your roadside stand!
Did you see that the tomatoes are indeterminate?
Do you know what that means?
You can run your roadside stand, all year!
The plant doesn't give you 10 pounds of fruit and then die!
It produces fruit, until frost kills it, so if you can keep the plant alive, you can get
10 pounds and then another 10 pounds and then another 10 pounds, from each plant, right?
If you have a greenhouse or a hot house, you might keep them alive, indeterminately!
I have a pepper plant that has been alive for at least five years and it currently has
10 peppers on it
One plant and many, many peppers!
I bring it in, in winter
So you planted tomatoes in your fertile soil and you raised many pounds of tomatoes
You sold them on the roadside and made $400,000
Bitcoin is about $6,500 right now so you can buy about 60 bitcoins with your first crop
How much did you pay for each bitcoin if you got 60 of them for $23.90?
Less than 40 cents each: $0.3983
You have to pay the exchange to convert USD into bitcoin
What if you had all your customers pay in bitcoin?
Well that's the end of this video
The time travel trip was supposed to get you bitcoins at $10 apiece, but it came out to
under 40 cents, each, so we failed!
Don't plant!
I was wrong!
Big mistake!
When it sounds too good to be true, it usually isn't true and here we are, another claim
that turns out to be untrue!
Are you surprised?
Forget about tomatoes!
You can never use tomatoes to buy bitcoins at $10 each!
NEVER!
You will have to pay 40 cents each, almost!
Sorry I was wrong!
See you next time!
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