If you bought $100 of bitcoin 7 years ago, you'd be sitting on $75 million now

ElCubano said:
no one would ever hold that long.
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Winklevoss brothers?

CNBC says that their bitcoin investment was worth $11 million when bitcoin was at $120 per coin (2013). That means they owned roughly 91,670 coins. Let's round up and say they have 92,000 coins.

92,000 coins at $2,100 equals roughly $193 million.
 
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Mtrader said:
Winklevoss brothers?

CNBC says that their bitcoin investment was worth $11 million when bitcoin was at $120 per coin (2013). That means they owned roughly 91,670 coins. Let's round up and say they have 92,000 coins.

92,000 coins at $2,100 equals roughly $193 million.
More...
make that 225 mil @ 2465
 
A "virtual" currency worth more than "physical" gold

Hahahaha

Anyone see anything wrong here or is the hype getting everyone involved in owning bitcoin...
 
S2007S said:
A "virtual" currency worth more than "physical" gold

Hahahaha

Anyone see anything wrong here or is the hype getting everyone involved in owning bitcoin...
More...

The market is ruled by perception. If the market's perception says it's worth more than gold, then it is.

upload_2017-5-24_23-21-49.png
 
I'll bet no more than 15 or 20 thousand #BTC fanatics made the 75 million.

What would be cool is if the guy that invented it has a back door and floods the market with 1 billion newly minted #btc.

I'd pay money to see that.
 
Data from exchanges show that when real sellers come in prices fall sharply. Soon chaos. $100 to $75M, lol, unless it was stolen...:)

Something smells bad.
 
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