I Bought A Bitcoin, And Now I Feel Sick - KDTV6 CYPTO NEWS

Monday, December 4, 2017

I Bought A Bitcoin, And Now I Feel Sick


  • Bitcoin has become one of the hottest topics in the world right now.
  • A $10,000 purchase in Oct 2010 would now be worth $911,111,111 today.
  • Derivatives, leverage and hedge funds are now coming to Bitcoin.
  • Bitcoin's market cap is now worth more than DIS and GE.

Bitcoin - It’s one of the most popular topics in the world right now. Anything that can make you rich - very rich – will catch the attention of many people quickly. Notice I said can, not will.

Sure, you could have bought $10,000 worth of Bitcoin two years ago, at just under $400 per Bitcoin, totaling about 25 Bitcoins. That $10,000 purchase would be worth $275,000 today - A $265,000 (2,650%) gain in just two years. Suppose you were even luckier and bought $10,000 worth of Bitcoin about six and a half years ago. You would’ve bought at just under $1, giving you about 10,000 Bitcoins. That $10,000 purchase would be worth $110,000,000 today – A $109,990,000 (1,099,900%) gain in just six and half years. Even though you might not have been “one of the lucky ones” to have bought back then, there certainly are people who did, and their incredible returns have helped create the buzz around Bitcoin currently.

  • This high school dropout who invested in bitcoin at $12 is now a millionaire at 18. - (CNBC)
  • Meet The Man Traveling The World On $25 Million Of Bitcoin Profits - (Forbes)
  • If You Bought $5 of Bitcoin 7 Years Ago, You’d Be $4.4 Million Richer - (Fortune)

Of course headlines like these, from some of the largest financial media outlets in the world, are going to catch a lot of attention. As more people became aware of Bitcoin, more people bought them, exponentially increasing the price over a short period of time. After that, it’s almost a self-fulfilling prophecy – continually compounding with each new person that hears about it.



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