How much have Winkledouche twins lost so far?

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: jerkoff on April 14, 2013, 08:54:32 AM

No... http://www.zerohedge.com/news/2013-04-11/winklevoss-twins-revealed-owning-1-all-bitcoins
The brothers began dabbling in bitcoin last summer when the dollar value of a single coin was still in the single digits. In addition to the purchase of bitcoins, they also say they have invested in a bitcoin-related company, but declined to disclose which one. The currency itself exists as a string of letters and numbers. In order to keep their holdings secure from hackers, they have taken those codes off networked computers and saved them on small flash drives. They said they have put the drives in safe deposit boxes at banks in three different cities.

It's all the usual bullshit, hear say. I wouldn't take anything serious posted by a cargo cult shaman.

dadrizforshizz

newbie

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appreciate the responses, I was unaware they were buying in the Summer of 2012

jerkoff

newbie

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Quote from: dadrizforshizz on April 13, 2013, 07:45:32 PM

they bought $10mln worth of BTC a few days ago, its down to $93.XX

somewhere over $1.5mln range?

No... http://www.zerohedge.com/news/2013-04-11/winklevoss-twins-revealed-owning-1-all-bitcoins
The brothers began dabbling in bitcoin last summer when the dollar value of a single coin was still in the single digits. In addition to the purchase of bitcoins, they also say they have invested in a bitcoin-related company, but declined to disclose which one. The currency itself exists as a string of letters and numbers. In order to keep their holdings secure from hackers, they have taken those codes off networked computers and saved them on small flash drives. They said they have put the drives in safe deposit boxes at banks in three different cities.

So they bought for single digits a year ago, and now hold those coins in cold storage and do not trade them

Just because some trolling teens shout that they caused the crash, were the ones buying/selling doesn't make it true. Look at all the replies here, all of those above are just guys inventing something the moment they type, and then passing it off as fact.

Luno

sr. member

Activity: 504

Merit: 250

A little less than 500k bought between $4.55 and $5. These money have not been sold yet! So still +2000%.

Let us just come with wild guesses, in the end they have to disclose their numbers as the tax man will suspect they are hiding something!!!

NikolaTesla

newbie

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They bought in in January so they have made more money than you have probably seen in your life.

b!z

legendary

Activity: 1582

Merit: 1010

They bought during summer 2k12 at $15 i guess.
They've made more than you have.

randrace

sr. member

Activity: 329

Merit: 250

LTC -> BTC -> Silver!

Phil21

full member

Activity: 155

Merit: 100

Lets see.. By all accounts they bought their holdings over the summer of 2012. Lets call that $10/coin to be generous and make the math easy.

Reports had them valued at $11M total right around $250 if I recall correctly. That's roughly 44,000 coins total. So lets round things up and say they put $500,000 into bitcoin.

I'd be absolutely shocked if they haven't taken in massive profits from this. Who knows what their holdings were when - anyone with that kind of money buying in probably has a professional money manager at least offering advice, so I'd bet they at bare minimum have their investment long since taken out, and if I were a betting man - a nice tidy profit already set aside.

Even my small little "operation" I was taking out expenses via DCA far before the peak hit. Sure, I left some profits on the floor by doing so (in retrospect), but I was fully vested by $33 and any holdings sold after that was profit. I'd imagine they did something similar.

And as someone said, they very well could have been some of the large holders dumping on the market just after peak. I would have been.

Kazu

full member

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Merit: 100

They've probably made more on BTC at the current price than you had when the price was $266.

Littleshop

legendary

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They bought much earlier then you think.

Gatekeeper

sr. member

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Merit: 250

lol such a facepalm thread

dadrizforshizz

newbie

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they bought $10mln worth of BTC a few days ago, its down to $93.XX

somewhere over $1.5mln range?

Topic: How much have Winkledouche twins lost so far? (Read 1478 times)