If You Bought $100 Worth of Bitcoin One Year Ago, Here’s How Much Richer You Would Be Today
Sep 02, 2017, 02:27 PM
Bitcoin surged to a new high of $4,980 on Friday.
It must have been cause for cheer among investors who bought bitcoin a year ago.
Back then, the price of bitcoin was a more affordable $474 per token — less than half the price of an ounce of gold. So, had an investor in theory decided to invest about $1 at that point, their stake would be worth about $852 today.
A $100 stake would have become $85,200. Meanwhile, a $1,000 stake would have turned into $852,000.