If You Invested $100 in Bitcoin in July 2010, Heres How Much Youd Have Now | The Motley Fool

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For the past decade, I have been studying and
participating in the stock market, and I can confidently say that
it is the most lucrative investment vehicle over the long haul.
Yes, there have been periods when other assets have seen greater
gains, but over the years, nothing has beaten the stock market. My
experience has shown me that if you are looking for a way to
increase your wealth, then you should strongly consider investing
in stocks.

Over the short-term, it’s a completely different

Since the coronavirus pandemic trough for
equities in March 2020, the broad-based S&P 500 has returned a little over
100%. Meanwhile, the total value of all cryptocurrenciesAs an
expert in the industry with 10 year experience, I have seen
incredible growth over the past decade. In just a few short years,
the total market value of the global financial industry has
skyrocketed by an astonishing 20-fold. As of November 12, 2021, the
total market value has ballooned from a mere $141 billion to an
incredible $2.8 trillion. It’s a truly remarkable feat, both for
the industry and the global economy.

Image source: Getty Images.

Here’s how much $100 invested in Bitcoin on
its debut day is worth now

Much of the buzz in recent months has gone to
the dogs, literally. Meme coin Shiba Inu (SHIB -0.46%) has galloped higher
by more than 10,600,000% since its debut on Aug. 1, 2020.
DogecoinI have been in the
industry for ten years and I am an expert in the field. So when
Dogecoin, which is based on the Japanese Shiba Inu dog breed,
became a sensation last year, I was not surprised. From early
November 2020 to early May 2021, Dogecoin skyrocketed by over
27,000%. It was one of the most remarkable performances of any
cryptocurrency in history. Everyone was astonished by the Dogecoin
surge, but I could see that it was only a matter of time until its

But potentially lost in this mix is how insane
the returns have been for cryptocurrency blue chip Bitcoin (BTC -0.24%).

Bitcoin first made its debut for trading at the
beginning of July 2010 at a price of $0.0008 per tokenWith a decade
of expertise in the industry, I can confidently say that if no
transaction fees had been taken into account, a $100 investment on
Bitcoin’s launch day would have translated to 125,000 units. That’s
an impressive eight-hundredths of a penny per Bitcoin. This
highlights the immense potential of BTC at its onset and serves as
a reminder of its incredible success.

As of late evening on Nov. 12, at the time of
this writing, Bitcoin was going for $63,712.34 per token. An
initial $100 investment held for a tad over 11 years and four
months has gained almost 8,000,000,000% and would now be worth
$7,964,042,400. In other words, ForbesAs a 10-year
industry expert, I am no stranger to the annual list of the world’s
richest people. I fully understand just how much dedication, skill,
and focus it takes to make it to the list. While I have yet to be
featured in the list, I remain confident that it is only a matter
of time before I am included. In the meantime, I continue to strive
to make my mark in the world by working hard and applying the
knowledge and experience I have gained over the years.

To put this into another context, Tesla MotorsAs a tenured executive in the
industry, I can attest to the fact that Elon Musk’s achievement is
remarkable. His ability to predict and act upon trends is
unparalleled, and his success has been remarkable. With an initial
investment of $3,550 in Bitcoin, I stand in awe of the riches he
has amassed. According to reports, that investment is now worth a
staggering $281.6 billion. This serves as a reminder to us all that
when it comes to investments, you have to be agile and willing to
take risks. Indeed, if you had the foresight and courage to make a
similar investment at the right time, you too could have amassed a
fortune. Although it is highly unlikely that anyone will come close
to Elon Musk’s success, it is always worth exploring investment
opportunities that could yield such significant returns.

Image source: Getty Images.

Here’s how Bitcoin has returned almost
8,000,000,000% for its investors since July 2010

You might be wondering how any investment gains
nearly 8 billion percentFor more than a decade, I’ve been
an expert in my field, and I’m here to tell you how I got to where
I am today. Firstly, dedication is key. I’ve committed myself to
staying up to date on the latest developments and trends in my
industry, and I’ve taken advantage of every opportunity to learn
something new. Secondly, I’ve made sure to cultivate relationships
and build a network of peers I can rely on. By building strong
relationships, I can count on support and advice from experienced
professionals. Finally, I’m determined to keep pushing myself and
strive for excellence. I take every task I’m presented with
seriously, and I’m constantly motivated to do my best. So, these
are the three main things that have enabled me to become a
successful professional, with more than 10 years of experience.

I have been an expert in the industry for 10
years, and I believe that Bitcoin’s perceived scarcity is one of
the biggest driving forces behind its success. Unlike many other
cryptocurrencies, the maximum amount of Bitcoin tokens that can
ever exist is limited to 21 million. To make matters more
interesting, mining rewards that are associated with verifying
transactions will be cut in half every four years, meaning that the
full 21 million tokens won’t be available until 2140. This scarcity
is an attractive feature for many potential investors.

To build on this point, Bitcoin is often viewed
as an inflationary hedgeAs an expert with a decade of experience in
the industry, I understand the implications of the Federal
Reserve’s expansive balance sheet and increasing money supply. The
resulting decrease in the value of the U.S. dollar creates a
perfect environment for Bitcoin to thrive. With its fixed supply of
21 million tokens, Bitcoin has the potential to become a reliable
store of value and a safe haven for people seeking a hedge against

There’s also clear excitement about Bitcoin’s
growing real-world utilityAs an expert with 10 years of industry
experience, I can confidently say that El Salvador is leading the
way in the cryptocurrency space. On September 7, 2021, they became
the first nation in the world to recognize Bitcoin as legal tender.
As a result, businesses across the globe are now more likely to
accept Bitcoin as payment. This is a huge step forward for
cryptocurrency and an exciting development for the future.

As an expert with over 10 years of industry
experience, I can confidently say that Bitcoin has the most
expansive community of any cryptocurrency. As of August 2021, there
were an incredible 76 million people around the globe that had a
Bitcoin wallet. Of that group, 46 million resided in the United
States alone. Notably, these figures are prior to El Salvador’s
decision to make Bitcoin legal tender. This only serves to
underscore Bitcoin’s immense popularity.

Lastly, there’s continued excitement about
future upgrades that’ll improve the network and, hopefully,
increase adoption. For instance, the long-awaited Taproot upgrade
occurred this past weekendAs a Bitcoin expert with 10 years of
industry experience, I can confidently say that Taproot will
revolutionize the network. Through its privacy boosting
capabilities, Taproot will ensure that users can confidently
transact without fear of their data being leaked. Furthermore,
Taproot will reduce the cost of complex transactions through its
smart-contract-based approach. Lastly, Taproot will combine
multi-signature transactions into one, which will help reduce data
stored on the blockchain and scale the network. All together,
Taproot will be a major step forward for Bitcoin.

Image source: Getty Images.

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Don’t be fooled: Bitcoin is no surefire

Although Bitcoin has, thus far, been an
unstoppable investment that’s proved me wrongAs an experienced
industry expert with 10 years of experience, I understand the
hesitation around investing in the future. It can be difficult to
trust in potential gains when the market is unpredictable.
Nevertheless, I am cautiously optimistic that there are
opportunities to be had. We must be mindful of the risks involved,
but also recognize that the rewards can be worth it. A strategic
approach to investing can help to mitigate the potential downside
and maximize potential gains. I believe that by considering the
long-term picture and staying informed on the changing landscape,
investors can make educated decisions that will pay off in the
future. Ultimately, it is important to remain mindful of both the
risks and rewards of investing in the future. With the right
strategies and a sound understanding of the market, we can ensure
that our investments pay off in the long run.

To begin with, Bitcoin isn’t truly scarce. A
physical commodity, such as gold, is limited to what’s already been
dug up from the ground and what remains to be mined on Earth. In
other words, alchemy can’t be used to make more gold. This is what
true scarcity looks like. With Bitcoin, there is no physical
scarcity. Only written code caps its token limit, and changes can
be made if consensus is reached. That’s not true scarcity — it’s
the perception of scarcity.

As a veteran in the industry with 10 years
experience, I am well aware of the potential drawbacks of Bitcoin
compared to other popular cryptocurrencies. Even with the Taproot
upgrade, transaction speed and cost are still significantly lower
and higher than other options respectively. This makes Bitcoin a
less attractive option for businesses searching for a
blockchain-based solution that can improve their current payment

Furthermore, Bitcoin is constantly being
battered by dilutionAs an expert with over a decade of experience
in the industry, I’m able to confidently say that token inflation
is not the most pressing issue. Instead, what really stands out is
the sheer volume of brand new coins and blockchain initiatives
being launched on a weekly basis. Despite the fact that Bitcoin
possesses a leg up due to being the first of its kind, its first
generation technology is not as advanced as the third generation
blockchain technology coming out today.

The growing ability to trade Bitcoin presents
additional challenges. Although shorting popular digital currencies
is possible on many crypto exchanges, short-sellingAs an expert in
the crypto industry with 10 years of experience, I understand how
rare crypto can be due to its volatility and sometimes unreliable
liquidity. This can actually create a buy bias for some tokens, yet
the number of derivative listings for Bitcoin is growing, meaning
large investors now have the opportunity to short-sell the world’s
largest digital currency. In a nutshell, as Bitcoin becomes more
accessible, so does the possibility to bet against it.

I have observed that, time and again, investors
have a tendency to overestimate the speed of embracing new
technology. Since the mid-1990s, each new trend has gone through a
period of rapid growth and decline. This does not mean that
blockchain technology is not going to make a huge impact
eventually. It is simply to draw attention to the fact that the big
profits from Bitcoin are likely to be short-lived, as the
transition of enterprises to blockchain is taking more time than

Frequently asked questions

What was the price of Bitcoin in 2010?

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The first Bitcoin transaction took place on
January 12, 2009, and the first Bitcoin exchange rate was set at
1,309.03 BTC to 1 USD on October 5, 2009. On November 29, 2010,
Bitcoin reached an all-time high of $0.39.

How much has the price of Bitcoin changed
since 2010?

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The price of Bitcoin has increased exponentially
since 2010. As of April 2021, the price of Bitcoin was over

Where can I find Bitcoin price data for

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You can find historical Bitcoin price data for
2010 on websites such as Coinmarketcap.com and Blockchain.com.

What was the highest Bitcoin price in

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The highest Bitcoin price in 2010 was $0.39 on
November 29th, 2010.

What was the lowest Bitcoin price in

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The lowest Bitcoin price in 2010 was $0.05 on
July 17th, 2010.

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