It’s still ain’t too bad if you had bought it just two and half years ago when it was lingering around $200.
If you bought $100 of bitcoin 7 years ago, you’d be sitting on $75 million now
- The price of bitcoin hit a fresh record high on Monday nearing $2,200.
- Monday also marks the seventh anniversary of Bitcoin Pizza Day, which is widely considered to be the first transaction using the cryptocurrency.
- If you bought $100 worth of bitcoin on May 22, 2010, you’d be sitting on around $72.9 million today.
Monday marks the seven-year anniversary of Bitcoin Pizza Day – the moment a programmer named Laszlo Hanyecz spent 10,000 bitcoin on two Papa John’s pizzas.
More important than the episode being widely recognized as the first transaction using the cryptocurrency is what it tells us about the bitcoin rally that saw it break through the $2,100 and $2,200 marks on Monday.
Bitcoin was trading as high as $2,251.61 midday Monday, hitting a fresh record high, after first powering through the $2,000 barrierover the weekend, according to CoinDesk data.
On May 22……
Full article : CNBC.com, By Arjun Kharpal, If you bought $100 of bitcoin 7 years ago, you’d be sitting on $75 million now