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Nairaland Forum / Nairaland / General / Business / Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 (3553 Views)
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Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by Great100000: 8:28am On Apr 10, 2021 |
Meet the billionaire twins who bought $10m worth of Bitcoin when it still sold for $8 The Winklevoss twins’ early investment in Bitcoin has propelled them into the billionaire league. The digital asset economy has made many people rich. The current worth of Bitcoin, a digital asset that was trading a little above $100 in October 2013, is now near $60,000! While many people were smart enough to invest in Bitcoin early, not many had the guts to go all out for it. Today, we are going to look at the identical twins who were crazy enough to invest heavily in cryptocurrency. The twins started investing in Bitcoin as early as 2012. They are currently listed on the Forbes Billionaire List amongst the newcomers who reached a billion-dollar status due to their Bitcoin investing. Meet the Winklevoss twins (worth $3 billion each) Cameron and Tyler Winklevoss are currently worth $3bn each. They started investing in Bitcoin as early as 2012 when the cryptocurrency still sold for $8 and splurged a whopping $10m to purchase the crypto asset, making them one of the biggest and earliest investors in cryptocurrency. Their gamble paid off and today, they are worth a collective $6bn. More investments in crypto. The Winklevoss twins are not slowing down, they are instead, making further investments in cryptocurrency. Recently, they invested in a Bitcoin lending start-up named Block-Fi which is now valued at $3bn. Battle with Mark Zuckerberg. The Winklevoss twins are no strangers in Silicon Valley. They were Mark Zuckerberg’s classmates at Harvard and they once accused the tech billionaire of stealing their idea for Facebook. A bitter legal battle between the two ended in the twins receiving significant cash and Facebook stock compensation from Zuckerberg. Some of their cash compensation was invested in cryptocurrency and it has indeed, paid off. What you should know. In their early days, cryptocurrencies witnessed an unstable growth path, rising and falling occasionally. This discouraged many people from investing heavily in it. The Winklevoss twins took the risk on Bitcoin and are now billionaires on Forbes list. Currently, they run their company, Gemini, a regulated cryptocurrency exchange, wallet and custodian that makes it simple and secure to buy Bitcoin, Ethereum and other cryptocurrencies. https://nairametrics.com/2021/04/09/meet-the-billionaire-twins-who-bought-10m-worth-of-bitcoin-when-it-still-sold-for%E2%80%AF8/ 5 Likes
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Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by Beremx(f): 8:38am On Apr 10, 2021 |
Psquare should come and learn not to fight with each other. ![]() Nice one 9 Likes |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by Ikwerelastborn: 8:40am On Apr 10, 2021 |
they were still still rich before investing, where poor man wan see 10m dollars invest.i would have only marvelled if only they had nothing 10 Likes |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by Nobody: 8:41am On Apr 10, 2021 |
Beremx:P square case go hard to settle. |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by Nobody: 8:42am On Apr 10, 2021 |
Ikwerelastborn:They were fucking wealthy. Having more than $10m is not a child's play. 6 Likes |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by wwwihy: 8:42am On Apr 10, 2021 |
Op, but these guys were already rich ...to invest $10 millions is not a small change. I can bet that some Nigerians started investing in the same digital currencies before these guys....but same rat race |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by Ikwerelastborn: 8:44am On Apr 10, 2021 |
DubaiLandLord:Exactly, they even got settlement from mark Zuckerberg prior 2 Likes |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by illicit(m): 8:45am On Apr 10, 2021 |
Nice one |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by explorer250(m): 8:56am On Apr 10, 2021 |
men with vision |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by SarkinYarki: 8:58am On Apr 10, 2021 |
Many don't know but these are the twins that actually created and initiated facebook before it was stolen from them by Mark Zuckerberg after the hired him to build it for them 10 Likes |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by ThumbzTNA(m): 9:01am On Apr 10, 2021 |
Bitcoin is a Ponzi scheme. Bitcoin isn't a tangible and therefore has no real value in itself (compared to gold for instance). The value is pushed up by market forces like demand, supply, availability, difficulty in mining etc, so in the future, when the owners of Bitcoin become excess, the demand for bitcoin will drop. And that is when the cost of Bitcoin will nosedive and the only people that will Cash out are those that invested early (just like MMM) |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by Monogamy: 9:10am On Apr 10, 2021 |
There are more people who bought millions worth of bitcoin when it was $1 to 1 btc |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by xxxXXXxxx: 9:16am On Apr 10, 2021 |
Big Ballers! |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by Freestainworld(m): 9:29am On Apr 10, 2021 |
This is why I must buy more trons, I bought tron 10 naira per one in late December last year, as am typing, each of those trons is worth close to 60 naira now, just imagine the profit. I don't sell tron,. |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by Golan007: 10:33am On Apr 10, 2021 |
ThumbzTNA: Just writing rubbish. 3 Likes |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by Golan007: 10:34am On Apr 10, 2021 |
SarkinYarki: You wan show yourself abi? Everyone has seen the movie. |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by SarkinYarki: 10:41am On Apr 10, 2021 |
Golan007: Many people still wouldn't relate ..not everyone is U |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by Nobody: 10:49am On Apr 10, 2021 |
ETH is the next best thing. |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by femi4: 11:20am On Apr 10, 2021 |
Beremx:Music is different. You have to agree on many things. Not just sharing money Song type Show to attend Artiste to sign etc Album, no of tracks |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by jayaim: 11:25am On Apr 10, 2021 |
U sound like a broken record with no levels shut up ThumbzTNA: 6 Likes 1 Share |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by jayaim: 11:26am On Apr 10, 2021 |
Visionaries, i watched their documentary, very smart dudes |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by id911(m): 12:03pm On Apr 10, 2021 |
ThumbzTNA: Go school u no gree go...your ignorance is legendary. 4 Likes 1 Share |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by lkillbrokehoes: 1:35pm On Apr 10, 2021 |
Beremx:Mehn I wish I bought B.T.C when it was still around $8, I would have been a multi millionaire in dollars 2 Likes 1 Share |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by lkillbrokehoes: 1:37pm On Apr 10, 2021 |
id911:I've noticed that people with such kind of mindset don't make it in life, just like one ignorant person here that told me that crypto is a Ponzi scheme, the fool probably doesn't know the meaning of Ponzi scheme. 1 Like |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by lkillbrokehoes: 1:40pm On Apr 10, 2021 |
Ibadanboyy:I withdrew all my money from E.T.H and invested in other coins with potentials, that E.T.H ridiculous gas fee no be here, I'm no more interested. ![]() |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by DaInferno(m): 4:21pm On Apr 10, 2021 |
ThumbzTNA: ![]() |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by DaInferno(m): 4:22pm On Apr 10, 2021 |
Great100000:pls,recommend a coin i can hodl for short term |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by paddyDIGITAL(m): 7:29pm On Apr 10, 2021 |
Good for them |
Re: Meet The Billionaire Twins Who Bought $10m Worth Of Bitcoin Per $8 by Nobody: 1:08am On Apr 11, 2021 |
DaInferno:watch out for tko takeoff center coin and vra and kcs. And as usual, DYOR |
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