0

What ROI will get Mt. Gox users from their old BTC?

Mt. Gox users BTC ROI

1. INTRODUCTION

The 2014 Mt. Gox hack happened on February 2014.

Before the hack, the price of BTC was around $825.

Currently, the BTC price is ~$30,000. Let’s do the ROI math!

 

2. WHAT’S THE ROI MT. GOX USERS WILL GET FROM THEIR OLD BITCOIN?

If we divide 30,000 by 825, we get ~37.

That will be the ROI for old Mt. Gox users on their lost BTC almost a decade ago: an amazing 37x.

Will they sell those ~142,000 BTC (over $4 billion US dollars)? I’d personally do it without hesitation as soon as possible.

 

3. REFERENCES

  • Wikipedia.org (2023). Mt. Gox. Available [HERE].
  • Comparemarketcap.com (2023). Time capsule > BTC price and ROI from 31 Jan 2014 (prior the Mt. Gox hack). Available [HERE].
 

Learner Trip

PhD in Education. I've been sharing all kind of content/information on the Internet for 14+ years now. I try to do it in the most straightforward and reliable way possible, cross-referencing information with the primary sources of authority in each field (unless unnecessary). You can reach out to me in the comments. I read all your inquiries and typically respond to most of them daily. If you find what I do helpful, you can support me here. 🙂

RELATED:

 

Leave a Reply

Your email address will not be published. Required fields are marked *