Post
Topic
Board Speculation
Merits 5 from 5 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Ratimov
on 14/08/2021, 10:57:52 UTC
⭐ Merited by ImThour (1) ,aysg76 (1) ,ErisDiscordia (1) ,dragonvslinux (1) ,JayJuanGee (1)
Very interesting image.  Thanks for posting as it shows just how even the best of investment opportunities in the world appears to be trash next to Bitcoin!  It made me do a little calculating and see what the value of $1,000 would be if it were invested in the NastyMining IPO back in June of 2012.  The result, $1,000 invested in NastyMining would be worth $20,136.36 today.  Additionally, you would have received $1,331,098.23 in BTC distributions at their current value.  That makes a current total of $1,351,234.59 gained from a $1,000 investment in NastyMining (now NastyFans.org) in less than a decade if you never sold or spent your distributions.

Even with turning $1,000 into $1,351,234.59 over the last decade, there are still users who complain and have even left me negative trust for speaking this factual information.  Let that be a lesson to you...  Don't judge your success by what you hear from the peanut gallery.  The more amazing your accomplishments, the more hate you will receive from those watching from the sidelines.  That's just how miserable people react to the success of others.

That BTC return in a decade is amazing no doubt.

EDIT: Oops, this data doesn't include the BTC distributions that went out before GLBSE was closed...  I'll have to locate that and update this post as the real return will be significantly higher with that data included.

I decided to calculate investments in bitcoin over the past 10 years using the calculator and get very interesting numbers:

YearBTC priceAmount bought
BTC (for $1000)
Profit in $Profit in %
__________________________________________________________________________
2010$0.06714 925.373 BTC+ $712 562 283+ 71 256 228.3%
2011$10.892.592 BTC+ $4 421 608+ 442 160.8%
2012$12.1982.034 BTC+ $3 919 343+ 391 934.3%
2013$112.568.884 BTC+ $423 654+ 42 365.4%
2014$504.81.98 BTC+ $93 696+ 9 369.6%
2015$265.033.773 BTC+ $179 267+ 17 926.7%
2016$569.061.757 BTC+ $82 923+ 8 292.3%
2017$4 327.940.231 BTC+ $10 040+ 1 004%
2018$6 199.60.161 BTC+ $6 708+ 670.8%
2019$10 031.890.099 BTC+ $3 763+ 376.3%
2020$11 774.520.0849 BTC+ $3 059+ 305.9%