Astonishing! Someone bought 20,000 bitcoins when the price was $0.15
After graduating from university in 2008, Mr. Smith (alias) started working at a large tech company in Silicon Valley, getting along well with a group of 'fellow geeks'.
In 2010, he invested $3,000 when the price of bitcoin was only 15 cents each, meaning he bought nearly 20,000 coins. 'I knew from the start that this was a long-term game and wanted to see how high it could go,' he said with a smile.
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Three years later, Mr. Smith had almost forgotten about this investment until it made the news. The price of bitcoin was rising over 10% daily, and he sold 2,000 coins when it reached $350, then sold another 2,000 when it went up to $800 a few days later. He had already made $2.3 million. 'Then I quit my job and traveled around the world.'
Now, he spends his days traveling luxuriously around the globe, flying first class, and enjoying gourmet meals prepared by top chefs at five-star hotels. In the 30 days that Forbes interviewed him, he traveled to Singapore, New York, Las Vegas, Monaco, Moscow, back to New York, then to Zurich and Hong Kong. His net worth is estimated to be between hundreds of millions to billions of dollars.
'He talks about bitcoin all day long,' his girlfriend said, 'once he starts, he never stops.'
Daniel's success story involves buying a house in Australia.
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