$100 of Bitcoin in 2010 is Worth Over $75 Million Today
September 11, 2017
Ready to walk down memory lane? Think as far back as to 2010. Where were you? What were you doing? Did you have $100 to invest in this new gimmicky not-taken-seriously coin called “bitcoin”?
I bet you could spare those $100. I’m also guessing that like million other people you didn’t bother looking into the new currency, passing it off as a fad.
Well, this “fad” could have set you off for life, since $100 worth of bitcoins in 2010 are worth over $75 million today.
Lily Allen’s Biggest Regret
Lily Allen’s “smile” is probably dimmed given the fact that back in the day she turned down an offer of “hundreds of thousands of bitcoin”. The songstress was offered to play a virtual concert in return for the virtual coin. Her lack of foresight cost her hundreds of millions of dollars in today’s value.
In the first few days after launch they were worth fractions of a penny and even as late as 2011 they had a value of just 15p each.
Having calculated the value of the fee, and perhaps not wanting to be paid in an as-then unheard of digital currency, she replied “as if”.
Still, there are other, more inspiring stories as well. For example the story of Kristoffer Koch, a Norwegian man who, in 2009, purchased $26.60 worth of Bitcoins. Fast forwarding to today, Kristoffer’s investment is worth $4,749,550. Not too shabby for sitting on your rear end doing nothing.
Or the story of Jordan Travers, a 21-year-old fitness trainer from Melbourne, Australia, who invested $2000 in an online currency called Ethereum (ETH). 4 years later, he become a millionaire and earned more than 1 million USD.
I will NEVER kick myself again!
If similarly to Allen you’re kicking yourself for not jumping on the bitcoin waggon on time then don’t fret. As Robin Sharma put it: “The real trick in life is to turn hindsight into foresight that reveals insight.”
I made a pact with myself to never miss-out on such an opportunity again, especially when the initial investment is minuscule, and requires absolutely zero effort on my part.
“The real trick in life is to turn hindsight into foresight that reveals insight.”
With one bitcoin worth over $4,000 it’s out of my reach at this point. After months of extensive reserach I found out about an offering of a new cryptocurrency currency that will be launched by the end of the year, called Erachain. This new and unique multifunctional blockchain environment allows users to conduct variety of business processes, create custom tokens as well as initiate any investment campaign, including initial coin offerings (ICO).
You can learn more about the new coin by checking out the website.
The gist of it is simple: Once you sign up you can pre-order the currency. You won’t be charged until you approve the purchase on the day of its ICO. In other words, you can back away at any point.
For me the math is simple: just one tiny investment – even less than $100 – could soon put you in a new class of “cryptocurrency millionaires.”
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