In 2010/2011 the only people involved with btc were essentially hackers and coders and most played around with tens of thousands of btc thinking one bitcoin being worth $100 was an impossibility. Most of these people have relatively little to show for their early involvement, however a lot still became seriously wealthy.
2013 may have been the first year bitcoins longevity and potential was truly recognised widely as its awareness spread further into the sound money gold bug libertarian space. But even then putting $10,000 into bitcoin was a huge risk, the collapse of mt.gox showcasing how quickly money and market value could dissappear.
Someone in 2013 who was young enough to see bitcoins potential may have had a spare $1000 that they were comfortable to risk for the long term knowing a 100% loss was possible. If they bought the 2013 low at $100 that would have equated to ten btc.
Ten btc today is only worth $500,000. Not even enough to retire on let alone ball out on private jets. So the average long term OG bitcoin hodler that got in during 2013 is not yet even a millionaire.
There are some early 2011 whales with thousands of btc and a bunch of altcoin scammers that have accumulated thousands of btc, but the average OG hodler from 2013 is not even a fiat dollar millionaire yet.
2013 OGs will one day be considered whales but not yet, this is how early we are still. By 2030 ten btc will be considered an insane amount of bitcoin for one person to own, people with one btc will be considered wealthy, and the average person will manage to get their hands on just 0.0026 btc.
Submitted March 31, 2022 at 06:41PM by slvbtc https://bit.ly/35rMnpb
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