CHART OF THE DAY: Don't You Wish You Bought Bitcoins A Year Ago?
I'm not going to pretend to be a
From the perspective of someone just watching it from afar, all I can say is that what's happening is crazy. At the start of today, it was at $590. As of this writing it's above $700. Fad, bubble, the future of money, whatever you want to call it, that's a crazy jump in one day for anyone that's trading it.
A year ago, Bitcoin was trading for ~$12. If you invested $1,000 in Bitcoin last year, today you'd have $58,000, which is pretty great. But, even better would have been to buy in 2010, when Bitcoin was at $0.29. It's up 1,500 in the last three years. Put differently, if you had purchased $1,000 worth of Bitcoin in 2010, you'd have $1.5 million worth of Bitcoin today.
Business Insider
- As Ilya Sutskever announces OpenAI exit, here’s a quick recap of his involvement in Sam Altman's firing last year
- DHFL scam, simplified: Here’s all about the Dheeraj Wadhawan case — allegedly India’s biggest banking loan fraud ever
- India-UK trade pact: Work in progress to resolve pending issues
- 5 most colourful mountains in the world
- Vivo takes the top spot in India: Top smartphone brands in Q1 2024