How much would I have if I invested $10000 in Bitcoin in 2010?
To be exact, a Bitcoin investor who purchased $10,000 worth of Bitcoin in 2010 would have earned $201.56 mln. In contrast, an investor who purchased $10,000 worth of gold in 2010 would have experienced a negative return of $9,981.
If you invested $100 in bitcoin in 2010, witnessing its growth to $1.54 billion today, you have experienced a once-in-a-lifetime financial phenomenon. It serves as a powerful example of how innovation can reshape the investment landscape.
In 2010, a single Bitcoin was worth INR 2.85. The average closing price for Bitcoin between 2010 and 2023 is INR 773,139.13. Here are some other Bitcoin prices: 2011: INR 2,471.
This means that if you had invested $1000 at $. 08 in Bitcoin in 2010, that investment would be worth over $287 million dollars today.
Bitcoin was originally worth next to nothing. The transaction that first gave Bitcoin monetary value was in October 2009, when Finnish computer science student Martti Malmi, known online as Sirius, sold 5,050 coins for around INR 414.65, giving each Bitcoin a value of $0.0009 each. The exchange took place on PayPal.
In 5 years Bitcoin can easily reach $150k-$250k. Coming to the question $500 gives you 0.01BTC as of now.
Millions in gains
At its all-time high Thursday, those 1,000 bitcoins would've been worth more than $48 million, not accounting for compounding and assuming you bought and held the asset the entire time.
Over the course of seven years, bitcoin's value has multiplied 879,999 times over since 2010. If an investor had decided to spend five dollars back then on about 2,000 bitcoins, that stake would be worth $4.4 million today.
The current price of 500 US Dollar in Bitcoin is 0.00758576 BTC. The price is calculated based on rates on 32 exchanges and is continuously updated every few seconds.
Date | USD : 1 BTC |
---|---|
Jan 2009 – Mar 2010 | basically nothing |
May 2010 | less than $0.01 |
Feb 2011 – April 2011 | $1.00 |
Nov 2013 | $350–$1,242 |
What if you put $1000 in Bitcoin 5 years ago?
If you had invested $1,000 into bitcoin five years ago, the investment would have grown by 1,352% and be worth around $14,524 as of Feb. 14. If you had bought $1,000 worth of bitcoin 10 years ago, it would have grown by 7,644% and be worth around $77,443 as of Feb.
Since a $10,000 investment in Bitcoin in 2010 is worth $200 million dollars now, how come there isn't more stories of Bitcoin millionaires, wouldn't there theoretically be thousands out there? “Yay, let's throw $10.000 worth of money into this thing called bitcoin, none ever heard about!”
In July 2011, two years after it was created, one coin cost $13.91. Back then, $1,000 would have bought you 71.89 bitcoin, which would be worth $2,785,737.50 today. That figure represents growth of 278,476.56%.
Assuming a constant monthly investment of $500 for 10 years and a bitcoin price of $1 million per coin at the end, you would earn a profit of approximately $4.8 million.
The price of Bitcoin (BTC) has reached $20,000 for the first time in history on Dec. 16. The historic milestone comes just over two weeks after breaking its previous all-time high.
Our real-time BTC to USD price update shows the current Bitcoin price as $66,126.5 USD. Our most recent Bitcoin price forecast indicates that its value will increase by 10.73% and reach $73,299 by April 05, 2024.
Known for her innovative investment approach, Cathie Wood predicts Bitcoin will surpass $1 million sooner than her previous estimate of 2030.
Bitcoin passed its previous all-time high Nov. 2021 record of $69,044.77 last week and is now cruising past $70,000 — something many crypto-skeptics, such as JPMorgan's Jamie Dimon — were not anticipating.
The index includes top tokens like $SOL, $ETH, and $WBTC- all of which are expected to see considerable gains in 2024 - making this a fantastic DeFi platform primed to explode throughout the year.
On July 1, 2013, Bitcoin traded for around $90.80. A $1,000 investment in Bitcoin could have purchased 11.0132 BTC at the time. Based on a price of $34,055.98 at the time of writing, the $1,000 investment would be worth $375,065.32 today. This represents a hypothetical return of 37,406.5% over the last 10 years.
What if you bought $10 dollars of Bitcoin in 2010?
On the first Bitcoin exchange, in March 2010, 1 BTC was $0.003 - so, you would have bought around 3333 BTC for $10. Today 1 BTC is $16763, so your BTC would be worth 55.87 million USD.
One of the easiest ways to cash out your cryptocurrency or Bitcoin is to use a centralized exchange such as Coinbase. Coinbase has an easy-to-use “buy/sell” button and you can choose which cryptocurrency you want to sell and the amount.
So, who are the top holders of BTC? According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.
1 USD = 0.000014447 BTC Apr 02, 2024 02:18 UTC
Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently. This is very much needed given the extreme volatility in global currencies lately.
Bitcoin Market was announced on Bitcointalk in 2010 and it launched the same year, offering a floating exchange rate for bitcoin. Buyers could purchase bitcoin by sending another user U.S. dollars via PayPal while Bitcoin Market would hold the seller's bitcoin in escrow until the seller received their money.
References
- https://finance.yahoo.com/news/invest-1-000-today-bitcoin-180123693.html
- https://www.quora.com/Is-it-possible-to-lose-more-than-your-initial-investment-when-purchasing-cryptocurrencies-such-as-Bitcoin-or-Ethereum
- https://www.binance.com/en/square/post/2023-10-21-bitcoin-s-average-holding-time-outperforms-ethereum-dogecoin-and-ripple-1435325
- https://www.coursera.org/articles/how-does-cryptocurrency-work
- https://www.usatoday.com/story/money/investing/2024/03/15/bitcoin-could-soar-to-more-than-1-million-before-2030-says-cathie-wood/72941530007/
- https://www.quora.com/Should-I-hold-or-sell-my-Bitcoin-investments-in-light-of-the-high-volatility-of-the-cryptocurrency-market
- https://www.bankrate.com/investing/crypto-vs-stocks/
- https://www.nerdwallet.com/article/investing/make-money-with-bitcoin
- https://gordonlaw.com/irs-delays-10k-crypto-form-8300/
- https://www.cnbc.com/2021/07/26/how-much-money-youd-have-if-you-invested-1000-dollars-in-bitcoin-in-2011.html
- https://money.usnews.com/investing/cryptocurrency/articles/whats-the-best-cryptocurrency-to-buy
- https://www.linkedin.com/pulse/top-7-rules-secure-crypto-trading-holding-concise-guide
- https://www.nerdwallet.com/article/investing/cryptocurrency
- https://www.quora.com/Can-people-make-money-with-cryptocurrency-If-so-what-methods-do-they-use-and-which-currency-is-most-profitable
- https://www.binance.com/en/square/post/1208121
- https://dailycoin.com/crypto-dead-wallet/
- https://www.investopedia.com/articles/forex/042315/beware-these-five-bitcoin-scams.asp
- https://www.nasdaq.com/articles/3-cryptos-with-serious-potential-to-make-you-a-millionaire
- https://medium.com/@shagufta.a/how-much-money-need-to-start-crypto-trading-0101cf3eba0b
- https://www.binance.com/en/square/post/856240
- https://www.gobankingrates.com/investing/crypto/if-you-invested-100-dollars-in-bitcoin-in-2010/
- https://help.coinbase.com/en/coinbase/trading-and-funding/sending-or-receiving-cryptocurrency/lost-assets
- https://www.quora.com/Should-one-consider-investing-in-cryptocurrency-for-the-long-term-taking-into-account-its-past-performance-and-potential-for-growth-in-the-future
- https://primexbt.com/for-traders/what-to-expect-if-i-invest-100-in-bitcoin-today/
- https://www.fastcompany.com/90949038/bitcoin-price-billionaires-list-crypto-wealth-2023
- https://www.quora.com/Can-you-make-money-from-day-trading-cryptocurrency-like-Bitcoin-if-you-know-what-youre-doing
- https://www.statista.com/statistics/1351742/billionaires-who-lost-most-money-crypto-crash/
- https://www.quora.com/What-was-the-price-of-1-Bitcoin-in-2010-in-Indian-rupees
- https://www.quora.com/Is-it-possible-to-become-rich-overnight-by-investing-in-cryptocurrency-If-so-how-and-which-coin-should-be-invested-in-first
- https://www.quora.com/What-happens-to-cryptocurrency-if-the-owner-of-the-wallet-dies
- https://www.cnbc.com/2021/02/12/how-much-youd-have-today-if-you-invested-100-in-bitcoin-in-2009.html
- https://www.tradingview.com/markets/cryptocurrencies/prices-most-transactions/
- https://www.coinbase.com/converter/btc/usd
- https://www.investopedia.com/ask/answers/100314/what-are-advantages-paying-bitcoin.asp
- https://www.techopedia.com/crypto-trading-vs-crypto-investing
- https://www.investopedia.com/investing-in-crypto-6502543
- https://www.cnbc.com/2024/02/15/how-much-money-1000-dollars-invested-in-bitcoin-10-years-ago-would-be-worth.html
- https://changelly.com/blog/bitcoin-price-prediction/
- https://www.binance.com/en/square/post/988261
- https://www.techopedia.com/who-owns-the-most-bitcoin
- https://www.techopedia.com/cryptocurrency/most-profitable-crypto
- https://www.nerdwallet.com/article/investing/is-bitcoin-a-good-investment
- https://tokentax.co/blog/dont-file-crypto-taxes
- https://bitcoinjobs.com/blog/lost-wallets
- https://coinledger.io/guides/crypto-tax-uk
- https://www.forbes.com/advisor/in/investing/cryptocurrency/best-crypto-for-day-trading/
- https://www.binance.com/en/square/post/642582
- https://www.quora.com/Is-investing-in-cryptocurrency-still-a-profitable-venture-If-so-what-is-the-best-coin-to-invest-in-currently
- https://coincodex.com/convert/usd/bitcoin/20/
- https://cleartax.in/s/cryptocurrency-taxation-guide
- https://www.linkedin.com/pulse/power-1-daily-profiting-crypto-trading-conor-beard-k3yce
- https://medium.datadriveninvestor.com/1-000-invested-in-bitcoin-in-2010-would-be-worth-287-5-million-today-c9c343416fd4
- https://cointelegraph.com/news/bitcoin-price-hits-20-000-for-the-first-time-in-history
- https://www.forbes.com/advisor/in/investing/cryptocurrency/bitcoin-price-history-chart/
- https://alpaca.markets/support/what-is-the-pattern-day-trading-pdt-rule
- https://www.quora.com/How-long-is-long-enough-to-hold-Bitcoin
- https://www.nasdaq.com/articles/heres-how-much-%24100-invested-in-bitcoin-today-will-be-worth-if-crypto-hits-new-all-time
- https://coincodex.com/convert/usd/bitcoin/500/
- https://www.bankrate.com/investing/how-to-cash-out-crypto-bitcoin/
- https://medium.com/@Levente22/4-simple-strategies-to-earn-1-000-monthly-from-crypto-without-lifting-a-finger-f008cc2fb924
- https://www.quora.com/What-are-some-methods-for-finding-and-claiming-an-unclaimed-Bitcoin-wallet
- https://support.coinmama.com/hc/en-us/articles/360012569820-Everything-you-need-to-know-about-wallets
- https://www.binance.com/en/square/post/653186
- https://galmux.medium.com/how-to-make-100-a-day-trading-crypto-in-2024-3550a28052a5
- https://www.quora.com/How-many-people-lose-money-on-Bitcoin
- https://www.quora.com/How-does-cryptocurrency-grow-in-a-wallet
- https://cryptonews.com/news/how-much-to-invest-in-cryptocurrency.htm
- https://www.cnet.com/personal-finance/investing/crypto/the-best-bitcoin-and-crypto-wallets/
- https://coinledger.io/tools/best-crypto-for-staking
- https://www.binance.com/en/square/post/597905
- https://www.nerdwallet.com/article/investing/hot-wallet-vs-cold-wallet
- https://zebpay.com/in/blog/top-10-crypto-to-invest-in-2024
- https://finance.yahoo.com/news/crypto-rise-could-help-become-115000983.html
- https://en.wikipedia.org/wiki/History_of_bitcoin
- https://www.ledger.com/academy/topics/crypto/who-owns-the-most-bitcoin-the-largest-bitcoin-wallet-addresses
- https://www.forbes.com/advisor/money-transfer/currency-converter/usd-btc/
- https://www.nasdaq.com/articles/if-you-invested-$1000-in-bitcoin-when-the-first-bitcoin-etf-was-filed-heres-how-much-youd
- https://www.bloomberg.com/news/articles/2024-03-09/bitcoin-btc-price-should-you-invest-in-crypto-with-prices-hitting-record
- https://etherscan.io/address/0x000000000000000000000000000000000000dead
- https://coinledger.io/blog/how-to-handle-your-bitcoin-and-crypto-losses-for-tax-purposes
- https://www.nasdaq.com/articles/is-it-too-late-to-buy-bitcoin
- https://www.quora.com/What-if-you-bought-Bitcoin-10-years-ago
- https://www.stilt.com/crypto/how-to-make-money-with-cryptocurrency/
- https://news.ycombinator.com/item?id=38900161
- https://m.economictimes.com/markets/cryptocurrency/crypto-news/these-5-defi-platforms-are-primed-to-explode-in-2024/articleshow/108227977.cms
- https://www.quora.com/If-I-invest-500-per-month-in-bitcoin-starting-today-and-the-price-rises-to-1-million-dollars-per-coin-in-10-years-how-much-do-I-earn
- https://www.techopedia.com/how-many-crypto-millionaires-are-there
- https://portal.ct.gov/DOB/Consumer/Consumer-Education/Cryptocurrency-Risks
- https://www.binance.com/en/square/post/712952
- https://www.stilt.com/crypto/how-to-day-trade-crypto/
- https://www.quora.com/If-I-invest-500-in-Bitcoin-at-the-start-of-2022-how-much-money-will-I-expect-in-the-next-5-years
- https://www.coinbase.com/learn/crypto-basics/understanding-crypto-taxes
- https://www.britannica.com/money/crypto-use-cases
- https://www.quora.com/Can-you-earn-1000-per-day-with-cryptocurrency-and-or-Forex
- https://www.quora.com/If-a-person-would-have-invested-US-10-in-Bitcoin-at-the-end-of-2010-and-sell-those-Bitcoin-today-how-much-money-would-he-she-have-made
- https://www.gemini.com/cryptopedia/crypto-exchanges-early-mt-gox-hack
- https://koinly.io/guides/crypto-tax-australia/
- https://www.ledger.com/academy/topics/crypto/how-to-find-and-recover-lost-bitcoin-wallets
- https://river.com/learn/can-bitcoin-be-seized/
- https://www.quora.com/My-Bitcoin-account-has-been-dormant-for-many-years-How-do-I-find-it
- https://www.ccn.com/education/crypto-rich-list-billionaire-blockchain-cryptocurrency-richest/
- https://www.techopedia.com/cryptocurrency/crypto-that-will-make-you-rich
- https://www.gobankingrates.com/investing/stocks/can-i-make-1000-a-day-by-day-trading/
- https://fortune.com/2017/05/22/bitcoin-price-millionaire-anniversary/
- https://www.forbes.com/advisor/in/investing/cryptocurrency/advantages-of-cryptocurrency/