To the Moon!
On December 27th 2010 the Bitcoin price was 0.27 USD and with a 10 Dollar Bill you could have bought 37.0370 Bitcoin. The current Bitcoin price (12/09/2020) is 18,272.64 (if you want to see the Bitcoin price live go to OKEx to see what’s currently happening).
The math is simple: 37.0370 times 18,272.64 minus 10 equals 676,763.76 Dollars! Of course, there would be some fees when you sell the Bitcoin and you will be taxed at 15% (assuming you are in the USA) but regardless that sort of gain on Ten Dollars is incredible! Do I think these sort of gains are still possible today? Maybe, but I doubt you will see those kinds of gains out of Bitcoin ever again. But I think the price of Bitcoin could someday reach one million Dollars… it’s possible.
If you want to learn more about Bitcoin follow my Quora Space: The Crypto Cave.
