• News
    • Tech News
    • AI
  • Gadgets
    • Apple
    • iPhone
  • Gaming
    • Playstation
    • Xbox
  • Science
    • News
    • Space
  • Streaming
    • Netflix
  • Vehicles
    • Car News
  • Social Media
    • WhatsApp
    • YouTube
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
TikTok
Snapchat
WhatsApp
Submit Your Content
How much you'd have made if you bought $100 of Bitcoin ten years ago as currency reaches record high

Home> News> Tech News

Published 10:43 6 Nov 2024 GMT

How much you'd have made if you bought $100 of Bitcoin ten years ago as currency reaches record high

If only we had a time machine

Tom Chapman

Tom Chapman

If only we had a time machine that could go back a decade and help us pull off our own Back to the Future.

Sadly, real-life DeLorean's can't whisk you through time when you hit 88 mph, meaning we're stuck living in a world of what ifs.

As the price of Bitcoin hits a record high, people are now realizing that they should've invested in cryptocurrency years ago.

Advert

Unlike the fad of NFTs appearing and almost disappearing overnight, Bitcoin is a trend that that's still on the rise.

With the return of pro-crypto Donald Trump to the White House, prices have soared as traders bet on his victory in the 2024 American election.

The Guardian reports that Trump's pro-Bitcoin stance might've helped push prices through the roof. Russ Mould, an analyst at AJ Bell, warned: "The price of Bitcoin has closely followed Trump’s position in the polls and on betting markets."

You could be sitting on a goldmine (da-kuk / Getty)
You could be sitting on a goldmine (da-kuk / Getty)

Advert

Bell added that investors are "potentially taking the view that a Republican victory would lead to a surge in demand for the digital currency."

During his original run at the White House, Trump branded cryptocurrency as a 'scam,' but since then, he's done a full 180 and even launched his own platform called World Liberty Financial.

Nigel Green of financial advisor deVere chimed in: "A Trump victory could be the catalyst that pushes the world’s first and largest cryptocurrency into uncharted territory.

"His return to office would likely have a renewed emphasis on deregulation, tax incentives and economic policies favourable to alternative investments, such as Bitcoin."

Advert

Timing couldn't be better for billionaire Elon Musk, who Trump is poised to install as the head of a commission into government spending and cutting waste.

This comes as Trump has vowed to make America the 'bitcoin and cryptocurrency capital of the world.' It's no coincidence that Musk himself is a huge advocate of Bitcoin.

Donald Trump is expected to go hard on promoting crypto (Spencer Platt / Staff / Getty)
Donald Trump is expected to go hard on promoting crypto (Spencer Platt / Staff / Getty)

But, just how much would your Bitcoin be worth if you invested back in the day?

Advert

While it's too late now, you might be shocked to learn how much just $100 of Bitcoin invested in 2014 would be worth in 2024.

Using the Bitcoin Calendar, $100 of 2014 Bitcoin would now be worth $21,205.15. That's a tidy profit of $21,105.15.

If you'd wanted to splash the cash a bit more an invested $1,000 worth of Bitcoin a decade a go, you'd now be sitting on a nest egg of $212,051.46. Not too shabby, really.

There are still questions about whether the Bitcoin bubble could burst, while World Liberty Financial got off to a rocky start when it launched in early October and found most of its available tokens going without a buyer.

Advert

Still, Trump is all-in on crypto for now, even being the first former president to use Bitcoin in a purchase. What did he buy with his BTC? Of course it was a hamburger.

Featured Image Credit: Johner Images / d3sign / Getty
Bitcoin
Cryptocurrency
Elon Musk

Advert

Advert

Advert

Choose your content:

2 days ago
  • 2 days ago

    FBI issue warning to Android and iPhone users as attacks increase by 700% in one month

    Users have reported fake texts claiming to be from the DMV

    News
  • 2 days ago

    Major update issued on Saudi Arabia's $1,000,000,000,000 giga-project NEOM

    The trillion-dollar project has now reached a major milestone

    News
  • 2 days ago

    Woman living on remote compound next to $500,000,000,000 futuristic city in Saudi Arabia reveals one thing that shocked her

    She's become a digital ambassador for the remote location

    News
  • 2 days ago

    Donald Trump reveals specific 'strange' moment bromance with Elon Musk turned sour

    The president has revealed all when it comes to his relationship with Musk

    News
  • 'Bitcoin family' takes extreme measures to protect themselves following high-profile kidnappings
  • Insane amount you'd have made if you invested just $10 into Bitcoin 10 years ago as currency skyrockets
  • How much money you could make in ten years by purchasing $100 of Dogecoin today as currency reaches record high
  • Bitcoin skyrockets above record $81,000 while Elon Musk warns of ‘financial emergency’