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<p>[QUOTE="Scuba4fun777, post: 7419818, member: 75199"]I think most people didn’t understand it when it was 1:1 (or less) against the USD. Which is why neither of us bought any back in 2009/2010. It was actually less than $0.01/BTC in May of 2010. Imagine spending $50 to own 5000 BTC (Bitcoin) and holding it until today, currently priced around $62,500/BTC. You’d be a millionaire more than 300 times over!</p><p>Even if you lived in NY (with the highest income tax in the US) and sold it all in 1 tax year, you’d still keep about $150 million. </p><p>I know. It is fun to dream though...[/QUOTE]</p><p><br /></p>
[QUOTE="Scuba4fun777, post: 7419818, member: 75199"]I think most people didn’t understand it when it was 1:1 (or less) against the USD. Which is why neither of us bought any back in 2009/2010. It was actually less than $0.01/BTC in May of 2010. Imagine spending $50 to own 5000 BTC (Bitcoin) and holding it until today, currently priced around $62,500/BTC. You’d be a millionaire more than 300 times over! Even if you lived in NY (with the highest income tax in the US) and sold it all in 1 tax year, you’d still keep about $150 million. I know. It is fun to dream though...[/QUOTE]
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