Quote:
Originally Posted by Rainger99
There are reports that an anonymous person who made a $7,800 investment in bitcoin in 2011 has just touched their wallet for the first time in 14 years…
He’s now worth $1.1 BILLION.
At the start of 2011, a bitcoin was only $.30 and only reached the dollar mark in February 2011!! It is $109,000 today. I wish I had put $10 in bitcoin back then.
And can anyone explain it??
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There “was/is” a company that sold soap and then some other things that was very popular 35 years or so ago in its prime. Some made so much money that they built huge mansions and stadiums. You could call it a pyramid scheme or maybe Ponzi scheme. Whatever those that get in early make lots of money but those subsequent that get in not so much. Buffet doesn’t care for bitcoin and he is a much better investor than me. I will pass too.