Post
Topic
Board Speculation
Re: My 'vast' BTC hodl on PayPal
by
JayJuanGee
on 19/03/2021, 16:15:00 UTC
update. So far 1112 in is now 2276 not bad.

I was reviewing my PayPal btc purchases and paper profits.

wife's account >>>>>>   $257.56  is now $467.25
my personal account >>  $125.00 is now  $444.55  
my business account >>  $730.02 is now  $1364.55

totals >>>>>>>>>>> $1112.58 is now  $2276.35


The plan was to never cash these just add to them now and then.
So far no coins are cashed out.
I know no keys not your coins.
I have other wallets with keys.
This was simply a mainstream investment. Starting in Oct of 2020 and  using various deposit amounts at various times.
Not bad for simply supporting a mainstream BTC investment.


first buy was below

So here goes.









Surely, something does not seem quite right about your numbers phillip, and surely we are seeing something like a 2x in that performance.

Of course, if you had lump summed into your paypal purchases of bitcoin coupons, your value would have gone up 4x to 5x from a kind of $12k-ish to something approaching $60k.. so the fact that you have something that is much closer to 2x seems to support that your purchases are a bit skewed in very recent times rather than earlier times of your getting involved with reporting your paypal purchases..

My suspicion is that your profits from mining, as measured in dollars, had gone up more in the second half of the measuring period rather than in the first half and so therefore, your injection of value into your paypal account to buy bitcoin coupons actually was skewed towards the later half rather than the first half of the measuring period.