Those Who Purchased $1,000 of Bitcoin in 2010 Now Worth Over $30 Million – Bitcoints

bitcoin

Published on May 25th, 2017 | by bitcoin

0

Those Who Purchased $1,000 of Bitcoin in 2010 Now Worth Over $30 Million

The price is an all-time record, and the remarkable valuation blows earlier price spikes out of the water.
Bitcoins have more than doubled since the beginning of 2017, when they hovered around $1,000 per coin.
Looking at the market capitalization for all cryptocurrencies, Techcrunch notes that Bitcoin now makes up just 47 percent of the total market value.
Marketwatch published one portfolio manager’s “regret” chart, showing that an investment of $1,000 USD in Bitcoin in July 2010 would be worth more than $35 million today.
The price of Bitcoin has been highly volatile over the years, and it hasn’t just moved in one direction.

Source: Arstechnica.com

Tags: , , , , , ,



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to Top ↑