12/05/19 08:00 UTC-4

Buy Bitcoin in 2010: how much did those who invested in BTC earn a few years ago?

How much did investors earn who invested in Bitcoin a few years ago
How much did investors earn who invested in Bitcoin a few years ago

Bitcoin is the first and most popular cryptocurrency in the world. The maximum price increase of digital gold was recorded in December 2017, when the cryptocurrency overcame a maximum of $20,000. However, many do not recall that at the beginning of their existence, BTC coins were worth less than one dollar.

Those who once invested in Bitcoin profitably earned good money. Our editorial board has prepared an introductory material on how much money could be earned if you buy Bitcoins in 2010, 2011, 2012, 2013 and 2014.


What would happen if you bought Bitcoin before?

At the time of this writing, the course for digital gold, Bitcoin, is $6,384. This is several times less than the record maximum of 2017. For the countdown for profit, for the purity of the experiment, we take today's course.

Imagine that at the end of 2009 or at the beginning of 2010 you decided to invest in a rather dubious "Bitcoin" project, which many then considered a bubble. It is unlikely, of course, we would talk about some serious amounts of investments, the maximum is $1,000.


1000 dollars in Bitcoin in 2009-2010

Bitcoin rate at the time of 2009 was only one dollar per coin. That is, $1000 = 1000 BTC. At the moment, 1000 BTC (at the rate of 6384 dollars) is equivalent to 6,384,900 US dollars, that is, the net profit for the investor is 6,383,900 US dollars.

In 2010: $1000 = 1000 BTC

In 2019: 1000 BTC = $6 384 900

Profit: $6 383 900


1000 dollars in Bitcoin in 2011

In 2011, the rate of Bitcoin collapsed. At that time, the value of one coin was no more than $0.05. That is, now for $ 1,000 we could purchase as much as 20,000 BTC. Today, the cost of such many Bitcoins is simply overwhelming – $127 766 000.

In 2011: $1000 = 20 000 BTC

In 2019: 20 000 BTC = $127 766 000

Profit: $127 765 000


1000 dollars in Bitcoin in 2012

In 2012, the Bitcoin rate began to grow slowly. At that time, one digital gold coin was at the rate of $6. This means that if we were investors at that time, we could buy 166.66 Bitcoins for 1000 dollars. As a result, in 2019 it would bring $1,063,791.

In 2012: $1000 = 166,66 BTC

In 2019: 166,66 BTC = $1 063 791

Profit: $1 062 791


1000 dollars in Bitcoin in 2013

In early 2013, digital gold rose to $14 per coin. For $ 1,000, you could buy about 71.42 Bitcoins. According to the current rate on cryptocurrency, an investor who in 2013 invested $1,000 in Bitcoin would have $455,524 today.

In 2013: $1000 = 71,42 BTC

In 2019: 71,42 BTC = $455 524

Profit: $454 524


1000 dollars in Bitcoin in 2014

In the spring of 2014, Bitcoin began to grow rapidly in price. At that time, the first cryptocurrency was about 771 dollars per coin. That is, a trader could buy about 1.29 Bitcoins for 1000 dollars. At the current rate, it is 8204.8 US dollars.

In 2014: $1000 = 1,29 BTC

In 2019: 1,29 BTC = $8204,8

Profit: $7204,8

Editor: Yulia Krasnaya

#Bitcoin #cryptocurrency #investincryptocurrency #BTC #makemoneyonBitcoins



10/05/19 10:27 UTC-4

Cryptocurrencies in Germany: financial geography

Cryptocurrencies in Germany are becoming increasingly popular. In March last year, the German Ministry of Finance recognized Bitcoin and other Altcoins as “official means of payment”. Since then, the popularity of Bitcoin and crypto payments has increased several times.

12/04/19 09:30 UTC-4

Financial geography. Cryptocurrencies in Sweden

Sweden, a northern European country, as well as neighboring Denmark, became a haven for cryptocurrency. The country has the lowest utilization rate of paper money, and therefore it was incredibly easy to accept digital assets for residents of Sweden.