The data shows that since 2010, Bitcoin's return on investment has been far ahead of mainstream investment methods such as stocks.
According to Cointelegraph's recent news, since 2010, Bitcoin's investment performance has surpassed that of mainstream Internet companies, with revenues higher than 338,433,233%. On August 27th, the blockchain magazine Clock Journal CEO and Twitter user Crypto Godfather shared the relevant data.
(Source: Pixabay )
Bitcoin prices soar
Bitcoin's price data dates back to March 2010, when BitcoinMarket.com, the industry's first exchange, has closed down.
- Blockchain: Man-made Borg people?
- "People" hit each other's central bank digital currency and then "veiled"
- Proficient in IPFS: IPFS Get the content below
At that time, the price of Bitcoin was only $0.003. Compared to the current price of $100,000, it is an astronomical appreciation. In the same period, even the most lucrative investment in the Internet company's listing, the online advertising platform The Trade Desk, "only" achieved 1317% of profits.
In the six years from April 2013 to the present, Bitcoin's price on CoinMarketCap has risen by 7,420%. If the bitcoin price is first recorded, then the historical high of the winter of 2017 will increase by 666,666,567%.
Bitcoin VS. Stocks, French coins
In July, according to the Daily Telegraph, the Bitcoin Trust of the Grayscale Digital Asset Management Company appreciated nearly 300% during the year, far exceeding the US Standard & Poor's 500 Index (18.7%) and the Dow Jones Global Index (12.9%). Mainstream investment.
In the same month, internal grayscale research showed that in May this year, when the US-China trade tensions intensified, Bitcoin had appreciated 47%, becoming the best performing asset in the same period, and in stark contrast to the weakness of the renminbi.
We will continue to update Blocking; if you have any questions or suggestions, please contact us!
Was this article helpful?
93 out of 132 found this helpful
Related articles
- Babbitt column | Liu Chang used: credit currency theory should not kill password currency
- Opinions | Is the financial era coming from a giant company to develop a stable currency?
- Introduction to Technology | Solidity Programming Language: Boolean and Integer
- Opinion | Talking about platform currency, which makes digital currency extension more abundant
- Coinbase Report: The number of top academic students studying cryptocurrency courses doubled in 2019 compared to last year
- Anti-Ruibo selling sentiment is getting worse and stronger, investors want to fork and take over XRP
- Britain's Brexit "great change", bitcoin but "failed" fell below 10,000 US dollars