Recently, a screenshot of an article from five years ago was widely circulated in the currency circle community. The text of the article stated that a Hangzhou woman spent more than 3 million yuan to buy 60 bitcoins and was sent to a mental hospital by her husband for treatment. Based on the price at that time, the cost of Bitcoin was about US$7,000 to US$10,000. If the woman had held it for five years, she could have made nearly 35 million yuan. (Preliminary summary: Overheating signal? Robinhood and Coinbase dominate the US App Store financial management rankings, and Google Bitcoin search popularity reaches its peak) (Background supplement: Arthur Hayes’ new perspective: Trump’s administration will open unlimited QE, Bitcoin Expected to reach US$1 million) After Trump won the US presidential election, Bitcoin not only continued to set new historical highs recently, but also once approached the US$90,000 mark, causing the crypto community to say that the bull market has arrived. While everyone was immersed in the joy of the bull market, a piece of news from five years ago once again sparked heated discussion in the community. Hangzhou woman bought Bitcoin and was sent to a mental hospital by her husband. Recently, a screenshot of an article titled (Hangzhou woman bought Bitcoin and was sent to a mental hospital by her husband) went viral on social media. The article was published on November 14, 2019. The content reads Tao: According to news from Toutiao today, on the eve of Double Eleven, a woman in Hangzhou bought about 60 Bitcoins for more than 3 million yuan (RMB). Her husband saw that her bank card was emptied and sent her directly to a psychiatric department. The attending doctor at Hangzhou Hospital said that he had severe compulsive consumption disorder and needed treatment. The patient has now entered psychiatric treatment. However, it is understood that Toutiao is a Chinese social media platform that uses algorithms to filter and recommend daily selected content from various news and articles based on users’ reading preferences. Since the platform collects various news and self-media articles, and the article is five years old, the source of the information is difficult to trace, so it is impossible to judge its authenticity. You can earn 35 million yuan with a long-term hug in 5 years. Interestingly, this article was also widely circulated by the currency community in 2021. At that time, Bitcoin rose to a maximum of 69,000 US dollars in the bull market. Everyone thought that the woman’s husband was the one who wanted to Arrested and sent to a mental hospital. In this bull market, Bitcoin has risen as high as $89,940.According to dynamic calculations, if the woman had held Bitcoin so far, based on the highest price, the 60 Bitcoins she purchased could be sold for US$5,396,400 (approximately RMB 39 million). In addition, according to the article description, the woman purchased 60 Bitcoins for more than 3 million yuan. Since it was impossible to determine the specific time of her purchase, the author calculated that the cost of 60 Bitcoins was approximately RMB 3.99 million based on the highest price of US$9,505 shortly before the incident. Finally, after deducting costs from the maximum sales amount, the woman’s net profit was approximately RMB 35 million, an increase of 875%. Although many people ridiculed the woman's husband on the community for not understanding the value of Bitcoin, who could actually hold 60 Bitcoins for 5 years? If we look closer, maybe this woman’s husband is the more rational party, because Bitcoin once plummeted to $6,000 to $7,000 in December 2019. Related reports: Trump nominates Bitcoin advocate Pete Hegseth as Secretary of Defense. Will the Pentagon pursue a BTC strategy? Footprint's October public chain industry research report: Bitcoin leads the market, Layer 2 competition intensifies... Isn't 90,000 mg a top? Glassnode: Bitcoin profit-taking is lower than the last peak, and there is still room for growth. "5 years ago today: A wife in Hangzhou bought Bitcoin and was sent to a mental hospital by her husband..." This article was first published in BlockTempo ( DongZuDongTren - the most influential blockchain news media).

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