4 ms·
On April 3rd, 2013, there were 10,988,125 bitcoins in circulation[1]. 10,988,125 * .01 = about 109,881 BTC. 109,881 * $320 (current market value of bitcoin) =
by firloop 12y ago
On April 3rd, 2013, there were 10,988,125 bitcoins in circulation[1].
10,988,125 * .01 = about 109,881 BTC.
109,881 * $320 (current market value of bitcoin) = $35,161,920.. not bad.
The price of bitcoin in April 2013 was about $138[2]... so if they bought all of them then (I think they got into bitcoin earlier than that so this is unlikely) they would have paid around $15,163,578 for them, so a return of approximately $19,998,342 (131%) from April 2013 to now.
[1]: https://blockchain.info/charts/total-bitcoins?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address= https://blockchain.info/charts/total-bitcoins?timespan=2year...
[2]: https://blockchain.info/charts/market-price?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address= https://blockchain.info/charts/market-price?timespan=2year&s...
- iopq 12y agoI heard of them getting into bitcoin when it was still around the $10 mark, they could have even bought in earlier.