Fun to read the first btc thread on /biz/warosu biz/thread/71
I was there. Never bought any Bitcoin though.
lol neat
>>61199525that guy saying "Dogecoin > Bitcoin" on Feb 13th 2014i wonder if buying Dogecoin on that day and holding until today worked out better than buying Bitcoin on that day and holding until dayanyone bothered to check? say someone put $10,000 into Dogecoin or Bitcoin on Feb 13 2014, what would they have now?
>>61199572For Bitcoin (BTC)On Feb 13 2014 the closing price of Bitcoin was about $605.24. $10,000 / $605.24 ≈ 16.52 BTCIf today’s price is ~$112,462 (according to the latest quote) then 16.52 × $112,462 ≈ $1,857,000So, an investment of ~$10k in Bitcoin back then would be worth on the order of about $1.85 million (assuming all else held constant).For Dogecoin (DOGE)Historical data for Dogecoin on exactly Feb 13 2014 is very sparse. One source indicates on Feb 13 2014 it had a price of about $0.000033 USD. With $10,000 / $0.000033 ≈ 303,030,303 DOGEIf today’s price is ~$0.1989 each then 303,030,303 × $0.1989 ≈ $60,300,000So, if that estimate is accurate, ~$10k invested in Dogecoin then would be worth on the order of $60 million — but see Caveats below. Caveats & important notesThe Dogecoin historical price for exactly Feb 13 2014 is unclear and data may be unreliable or incomplete.Cryptocurrency prices are highly volatile, and past performance does not guarantee future results.This doesn’t account for transaction fees, taxes, wallet issues, lost keys, etc.These are simple “buy and hold” scenarios; real life may differ (selling, timing, etc).
>>611995821.8m vs 60mSo that anon was right, daaamn back when biz had alpha
>>61199582>>61199589Imagine predicting meme coin mania in 2014...Grugs nowadays cant predict what will happen tomorrow
>>61199589>>61199601He posted it as a joke, couldn't have predicted that the whole market would become a joke