Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
In recent times, I have been making various attempts to avoid disclosing too many specifics regarding exactly how many coins that I hold, but surely, there is some information out there in which you could get ball park ideas.
Based on this post, and your earlier posts about your average cost per coin, here is my approximate estimate regarding the number of coins that you own.
Approximate amount invested: 4.53 x $750 = $3,400
Based on my foggy memory - estimated average cost per coin: $150
Approximate current number of coins held: $3400 / $150 = 22.67 ( 1/one millionth of the total BTC supply)
Based on this post, and your earlier posts about your average cost per coin, here is my approximate estimate regarding the number of coins that you own.
Approximate amount invested: 4.53 x $750 = $3,400
Based on my foggy memory - estimated average cost per coin: $150
Approximate current number of coins held: $3400 / $150 = 22.67 ( 1/one millionth of the total BTC supply)
No. You've made some false assumptions. I won't be too specific because I also don't want to disclose too much.
First off. When I said it would take 4-5 coins, I meant at $10k per coin to cover the total amount fiat I've currently spent.
The $40k+ I've invested includes the $6k I paid for the 50 coins I lost at MtGox.
The $150/btc figure was just a rough guess and a while back at that. There are all kinds of intangibles like the cost of my mining expenses versus the coins I mined, and the coins I received as tips/gifts and those I spent/donated. It has also risen to over $200/btc. I keep buying the dips but the dips keep getting higher (this is a good thing!).
Let's just say I have over 100 and under 1000 bitcoins.
That's 999 then, hey jimbo