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To: Robert DeLong

Well that sucks. He should have bought an island while he could. 8>)

Unsure of the timeframe,2010 Bitcoins were worth less than a US penny.
Maybe he could have bought a nice timeshare?


22 posted on 08/19/2019 4:09:07 PM PDT by DUMBGRUNT ("The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message.)
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To: DUMBGRUNT
You are correct. I skimmed through the article, however, the price of a bitcoin in 2010 was:

Date USD : 1 BTC Notes
July 2010 $0.008–$0.08 Price skyrocketed by 900% in five days.
October 2010 $0.125 Price surpasses one bit.

So he lost at that moment somewhere between 78,400 (@ .08) and 122,500 (@ .125)

I was looking at the value in 2017, where he stated:

On December 17, 2017, Bitcoin reached its historical peak value of $19,783.06 (per bitcoin), meaning my 980,000 bitcoins would have been worth more than $19 billion – $19,387,398,800 to be precise.

So I stand corrected. I was looking at his value 7 years after he had already lost his bitcoins. 8>)

27 posted on 08/20/2019 11:06:52 AM PDT by Robert DeLong
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