Post
Topic
Board Economics
Re: Do you think billionaires invest in BTC?
by
just_Alice
on 15/06/2017, 15:15:46 UTC
Winklevoss Twins, known for their legal battle with him, earned $11 million from their investments in Bitcoin.

$11 million that they earned? That's quite a joke considering they have taken a 100,000 BTC position into Bitcoin years ago. Sure, they may have cashed out a decent number of coins, but that $11 million in profits is a tiny and insignificant figure compared to what they are holding. Can you link me to an article that will help explain how this $11 million in profits is set up? It's too low to be just based on their position in Bitcoin....

Yes, sure, here it is:

http://gazettereview.com/2017/05/top-10-richest-bitcoin-millionaire/

I didn't know they've had 100,000 BTC, probably cahsed out most of it earlier, poor poor guys.  Smiley

Also, can you link me to a reliable source about those 100,000 BTC? Because I've found only this https://www.reddit.com/r/Bitcoin/comments/4stfw9/for_one_bitcoin_to_be_worth_100000/ where they say about it in a comment with only one point.