Donation page 50 Bitcoins??? - page 2.

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

Quote from: Lucky7Gaming on July 17, 2014, 06:05:01 PM

I was looking at the donation page and it says people donated 50 and 10 bitcoins? Huh

isn't that like 10,000 to 50,000 dollars depending on the price of bitcoin?

It's more like $50 to $50,000. Common sense will tell you most people paid that when the price was closer to $50. Wink

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

If you check the donation address [1] as its linked under donate you will see that the last donation for 50 BTC was in 2011[2].

Code:

2011-08-29 18:27:47

oldest price I could find on bitcoincharts [3] is from 2011-09-13 ~5 USD per BTC. The donations come from a time when BTC wasnt worth as much. It was discussed often if the amount to donate for VIP should be lowered, but theymos and others in charge think it would not be fair to those that donated 50 BTC in the past. I also think its a good idea that VIP essentials says: I have been here a long time and I believed in it. If the amount to donated would be lowered to e.g. 0.4 BTC (~ equivalent in USD to 50 BTC 2011) we'd see way to many VIPs.

[1] https://blockexplorer.com/address/17RTTUAiiPqUTKtEggJPec8RxLMi2n9EZ9
[2] https://blockexplorer.com/tx/d893352488aedbd229e908acd10bd2650ce6254a32e2f6ddfc84f18c0e3e666e#o0
[3] http://bitcoincharts.com/charts/bitstampUSD#rg60zczsg2011-08-13zeg2011-09-13ztgSza1gSMAzm1g10zm2g25zv

roslinpl

legendary

Activity: 2212

Merit: 1199

Quote from: Lucky7Gaming on July 17, 2014, 06:05:01 PM

I was looking at the donation page and it says people donated 50 and 10 bitcoins? Huh

isn't that like 10,000 to 50,000 dollars depending on the price of bitcoin?

It is more like $31,250 and $6250

But well indeed it is a lot of money for most of us ..
But if you donated one year ago, price was much much lower per 1BTC

and so on.

Regards.

Lucky7Gaming

member

Activity: 87

Merit: 10

I was looking at the donation page and it says people donated 50 and 10 bitcoins? Huh

isn't that like 10,000 to 50,000 dollars depending on the price of bitcoin?

Topic: Donation page 50 Bitcoins??? - page 2. (Read 2333 times)