Which Investment Gave Thousandfold Return In 14 Months?

May 29, 2011 1:40 pm

Some stunning statistics on Bitcoin.

“let’s be conservative and go with the higher $6,50 per thousand BTC and compare it to today. As of midnight UTC on May 29, 2011, the rate is USD 8,30 per bitcoin.

In the past month, the value has tenfolded.
In the past three months, the value has hundredfolded.
In the past fourteen months, the value has more than thousandfolded.

This can be hard to grasp. If you had changed 2,500 euros into bitcoin last spring, they would be worth more than two point five million euros today.”

Statistics Source: falvinge.net

We have written about the Bitcoin Economy and some Bitcoin statistics before.

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