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Author: Admin | 2025-04-27
He forgot about them until 2013, when he saw a news report on bitcoin. The news first picked up the story in 2015 when Koch’s investment was worth $900,000. Today, Koch’s 5,000 BTC are worth an astonishing $41,000,000 (based at a price of around $8,000 USD per bitcoin).Reddit User Living in his Parents Basement Buys NEO in Early 2017, Becomes a Millionaire By August Obviously, it’s easy to look at the early stories of bitcoin and think, “Wow, that’s great – but bitcoin is never going to make jumps like that again.” You may be right, but the crypto industry is filled with amazing investment opportunities outside of bitcoin. Reddit user /u/AndrewWheel, for example, posted to the /r/Geek forum in August 2017 with an envious problem. Andrew described himself as “a huge geek in his early 20s” who was “living with his parents”. In January 2017, Andrew deposited his first paycheck into a small, little-known cryptocurrency called AntShares. In August 2017, that cryptocurrency – which later rebranded itself as NEO – was worth $30+ per share. Andrew had earned over $1 million in just a few short months.The Infamous Bitcoin Pizza Story Cryptocurrency investing can make you kick yourself for the rest of your life. One of the best examples of that is the infamous bitcoin pizza story. In 2010, an early bitcoin user bought two pizzas with 10,000 bitcoins. When the news picked up the story in May 2017, they reported that those bitcoins would be worth $20 million. As of late 2017, those two pizzas are worth over $82 million USD. Yes, someone legitimately paid over $82 million (in 2017 money) for two pizzas in 2010. That bitcoin user, Laszlo Hanyecz, purchased two Papa John’s pizzas from another bitcoin user in what was widely believed to have been the first “real world” bitcoin transaction. Hanyecz would later explain that “It wasn’t like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool.” Obviously, it’s easy to look back at Hanyecz as a dummy – but in reality, which college student wouldn’t trade some “free” digital currency (at the time) for something they could actually use (like a pizza they could eat)? “No one knew it was going to get so big,” admitted Hanyecz in 2017. Today, it’s easy to find people in the bitcoin community groaning about how they wish
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