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From a penny to $99k: how Bitcoin ruined skeptics and enriched believers
While BTC is reaching new highs, come on, let's calculate how much those who didn't believe in 2009 missed out.
Brief chronology:
October 5, 2009 - the first Bitcoin trades. Price: $0.00764 per coin. With 1 dollar, you could buy 1309 BTC.
An investor who dared to invest $100 at the beginning of 2010 ( when BTC was priced at $0.30):
But there were also corrections that scared newcomers:
Main conclusion: 10 BTC purchased in October 2009 are now worth approximately $960k. This means that the first investors received x125,000 over 15 years.