I don't understand how the Winklevoss twins really believed when they first bought Bitcoin, even though there is no certainty that Bitcoin will rise
in price as it is now. Maybe they did their own research, until seeing the potential Bitcoin will be something big in the future. Finally their trust
in Bitcoin paid off with the current increase in the price of Bitcoin, but we can learn from the Winklevoss twins by buying and holding Bitcoin can
make us rich. So in my opinion it's not too late to collect Bitcoin from now, because I believe the price of Bitcoin in the next 10 years will increase
more drastically than the current price. So start collecting Bitcoin from now on consistently and according to the financial capabilities that we each have.
Topic: The Winklevoss twins worth $3bn Each for buying Bitcoin @ $8 with confidence - page 2. (Read 541 times)
April 13, 2021, 03:09:09 PM
April 13, 2021, 02:32:51 PM
That’s massive of coins to get for $10m, I can’t imagine they both have so much coins at $8 each, insane!
They've believed on bitcoin when they knew it. And how we wish that we've known bitcoin back in the past when most of us do nothing and were busy to things like playing games or not learning something new with the technology. Congratulations to them, they came from FB to BTC.bitcoin when its still cheap.This is the opportunity or the result that bitcoin could give if you do believe when its just starting.Thing here is that those twins are rich enough to buy millions of worth
and its just normal that they would reach up billions in profits because of the increase of this market.Its not really that needing some serious math on making computations.lol
Its just great to look on how things becomes favorable to them and amazing on how long they do able to held up and not making any sell-on.
They didn't just invest millions to bitcoin just because of one's belief but it's packed with knowledge and research which made them feel that there's a future in it and they're right with what they did.
April 13, 2021, 12:28:39 PM
On this forum the Winklevoss are mostly know for their early investment in bitcoin, although figures could be more or less accurate. However, for the rest of the world they are better know for having actually invented "ConnectU" which Zuckerberg stole (allegedly) to create Facebook.
It just seems that the bitcoin assets are the consolation price compared to Facebook, aren´t they. Anyway, these two guys seem to be also investing in startups. It justs seems that some people are able to generate many good ideas and simply have good criteria for investing, packed with having studied in great universities and having the right financials for starters.
This chart may not be true anymore. For example the world total marketcap of gold is around 10-11 trillion dollars, whereas bitcoin is 1.1 trillion dollars, that means in about 10x we are at gold marketcap and that is good enough for me to be in a position like that today. So, even though most of the other parts could be either true or close, that image is quite behind on what bitcoin price is today. Obviously apple or amazon or other parts are wrong as well, but we are doing quite well.It just seems that the bitcoin assets are the consolation price compared to Facebook, aren´t they. Anyway, these two guys seem to be also investing in startups. It justs seems that some people are able to generate many good ideas and simply have good criteria for investing, packed with having studied in great universities and having the right financials for starters.
Bitcoin is I think 6th in the marketcap ranking if you remove gold and silver, which means there is only 5 companies above it right now and that is quite good, there is also gold and silver above it, but I think bitcoin will be moving way beyond Silver very soon, and could be bigger than Google by the end of the year as well, that would be really awesome if we can manage that.
April 13, 2021, 11:41:17 AM
If they are worth $3 billion right now, just imagine how much they will be worth when BTC reaches a valuation of $1 million per coin. The Winklevii did the right thing by investing in an asset which was hardly known in mainstream market at that time. And this is like a sweet revenge for them. They lost the battle for Facebook to Zucker. But the same Zucker tried to steal the concept of cryptocurrency later, while attempting to create Libra shitcoin. Imagine what would be in Zucker's mind after a few years, when Facebook will be forced to accept Bitcoin.
April 13, 2021, 10:55:40 AM
Obviously they have done something unthinkable, that is a lot of money spent on bitcoin at a level where it was never considered safe just yet. Obviously when you look at it now, it is one of the greatest investments anyone could ever make, that is a great deal and I think it is definitely praise worthy courage to do that. However let's remember, these are the people who were already very very wealthy from their family, and they went to Harvard, they were in Olympic rowing team and they got tens of millions of dollars from Facebook on top of that.
When you have a situation like that, making an investment that high is not impossible, most of the people here had to live from paycheck to paycheck barely surviving and barely scarping some money together to make a savings, we worked hard for a thousand dollars, these guys got thousand dollar nights even before they got money from facebook let alone their profit from bitcoin.
When you have a situation like that, making an investment that high is not impossible, most of the people here had to live from paycheck to paycheck barely surviving and barely scarping some money together to make a savings, we worked hard for a thousand dollars, these guys got thousand dollar nights even before they got money from facebook let alone their profit from bitcoin.
April 13, 2021, 07:25:56 AM
Right, something doesn't add up with the numbers, this also means that they are worth more than what the media is saying because if what the media is saying isn't true which is probably most of the time then there is more than meets the eye, also do the twins split the bitcoin in half between the two of them?
If I remember correctly, they purchased somewhere between BTC100,000 or BTC200,000 when the prices were really low. They revealed their ownership sometime in April 2012 (when the exchange rate was around $5 per coin). They claimed to have ownership to 1% of all the coins in circulation, which would amount to around BTC125,000. The purchase price would be difficult to calculate, because they made the purchase in smaller installments, spread over several months.
April 13, 2021, 03:32:40 AM
After the Facebook fiasco they got a huge revenge over their once friend Mark Zuckerberg. These guys made it to the top by believing in what bitcoin could have been in the future not only investing in the asset itself, but also building an empire around it! Kudos
April 13, 2021, 03:29:28 AM
On this forum the Winklevoss are mostly know for their early investment in bitcoin, although figures could be more or less accurate. However, for the rest of the world they are better know for having actually invented "ConnectU" which Zuckerberg stole (allegedly) to create Facebook.
It just seems that the bitcoin assets are the consolation price compared to Facebook, aren´t they. Anyway, these two guys seem to be also investing in startups. It justs seems that some people are able to generate many good ideas and simply have good criteria for investing, packed with having studied in great universities and having the right financials for starters.
It just seems that the bitcoin assets are the consolation price compared to Facebook, aren´t they. Anyway, these two guys seem to be also investing in startups. It justs seems that some people are able to generate many good ideas and simply have good criteria for investing, packed with having studied in great universities and having the right financials for starters.
April 13, 2021, 03:09:52 AM
10M$ really? OMG, they had positively expecting bitcoin to be like this which really came to the point. Imagine what would went through for their 10M$ in those times where bitcoin market goes up and down that could eventually took their money if they got no patience over to it.
If you are really positive in life there really is a place for you like this twin believing in bitcoin. So, which means they could now harvest their long time and bloody wait. I know that they somehow feel difficult times during the rally and where bitcoin market almost halving specifically in the year 2018 and 2019.
Well, congratulations on them for their success in the investment. They can now go relax and spend some money on things they like. If I had that kind of money then probably I will buy a better house and lot located in a good place and then buy a family car. Then, go to some places for an adventure. I guess that would relirve my stress then investment some of it in a good working and profitable business.
If you are really positive in life there really is a place for you like this twin believing in bitcoin. So, which means they could now harvest their long time and bloody wait. I know that they somehow feel difficult times during the rally and where bitcoin market almost halving specifically in the year 2018 and 2019.
Well, congratulations on them for their success in the investment. They can now go relax and spend some money on things they like. If I had that kind of money then probably I will buy a better house and lot located in a good place and then buy a family car. Then, go to some places for an adventure. I guess that would relirve my stress then investment some of it in a good working and profitable business.
April 13, 2021, 02:49:57 AM
I am slightly confused here. So they purchased $10 million worth of coins at $8 per coin. This itself is suspicious. Because if the purchase price was $8 per coin, then the total number of coins that were purchased amounts to BTC1,250,000. And the net worth of these coins, as per the current exchange rate would be $75 billion, and not $6 billion as mentioned in this article. It looks like the author doesn't know basic mathematics.
Right, something doesn't add up with the numbers, this also means that they are worth more than what the media is saying because if what the media is saying isn't true which is probably most of the time then there is more than meets the eye, also do the twins split the bitcoin in half between the two of them? April 13, 2021, 01:54:58 AM
I am slightly confused here. So they purchased $10 million worth of coins at $8 per coin. This itself is suspicious. Because if the purchase price was $8 per coin, then the total number of coins that were purchased amounts to BTC1,250,000. And the net worth of these coins, as per the current exchange rate would be $75 billion, and not $6 billion as mentioned in this article. It looks like the author doesn't know basic mathematics.
April 12, 2021, 10:39:53 PM
Such a great lesson about risk-taking and patience.
There are now new names of billionaires in the world because of crypto. But there must be many more of them who are unknown and unidentified due to its anonymity. That's in the macro level.
In the micro level, there are a lot of people I personally know who have made a significant amount of wealth due to Bitcoin and cryptocurrency. I find it more interesting to know that houses were built, cars were bought, investments were made, travel wishes were turned into reality, and so on because they risked and bought Bitcoin during the earlier years, stayed steadfast, and survived through the worst of crypto winters.
There are now new names of billionaires in the world because of crypto. But there must be many more of them who are unknown and unidentified due to its anonymity. That's in the macro level.
In the micro level, there are a lot of people I personally know who have made a significant amount of wealth due to Bitcoin and cryptocurrency. I find it more interesting to know that houses were built, cars were bought, investments were made, travel wishes were turned into reality, and so on because they risked and bought Bitcoin during the earlier years, stayed steadfast, and survived through the worst of crypto winters.
April 12, 2021, 08:49:23 PM
Cameron and Tyler Winklevoss are currently worth $3bn each. For purchasing a crypto asset worth $8, making them one of the biggest and earliest investors in cryptocurrency. I would say their gamble paid off and today, they are worth a collective $6bn.
Damn these early investors are just becoming rich everyday as they keep on holding their coins and the price is going up. This is really nice , at this current price they are already billionaires, I am thinking what level they are going to reach when the price should get to the level that was being predicted by so many people.We have seen people who have been predicting up to $100,000 and that one aside I have also seen those who are predicting way more than that and some of them have predicted up to $300,000. Although sometimes I do doubt these people with their predictions , but anyway you got to believe them sometimes
April 12, 2021, 06:17:21 PM
The The Winklevoss brothers were seed funding many business during that time period and it is said that they won an whopping $65 million behind the doors to settle the Facebook lawsuit they filed and they started a capital management company and was investing in multiple assets and promising companies and that is how they invested in bitcoin as well as they knew bitcoin is the future and that paid off big time.
April 12, 2021, 05:59:36 PM
That’s massive of coins to get for $10m, I can’t imagine they both have so much coins at $8 each, insane!
They've believed on bitcoin when they knew it. And how we wish that we've known bitcoin back in the past when most of us do nothing and were busy to things like playing games or not learning something new with the technology. Congratulations to them, they came from FB to BTC.bitcoin when its still cheap.This is the opportunity or the result that bitcoin could give if you do believe when its just starting.Thing here is that those twins are rich enough to buy millions of worth
and its just normal that they would reach up billions in profits because of the increase of this market.Its not really that needing some serious math on making computations.lol
Its just great to look on how things becomes favorable to them and amazing on how long they do able to held up and not making any sell-on.
April 12, 2021, 05:33:18 PM
That’s massive of coins to get for $10m, I can’t imagine they both have so much coins at $8 each, insane!
They've believed on bitcoin when they knew it. And how we wish that we've known bitcoin back in the past when most of us do nothing and were busy to things like playing games or not learning something new with the technology. Congratulations to them, they came from FB to BTC. 
April 12, 2021, 05:29:53 PM
Only a few are really crazy enough to dare. Regardless of the fact that they had to be rich to have $10m to gamble with as at 2012 (that is buy an asset they were not sure of), they are true visionaries and the true definition of investors and they have to be applauded for that. Many during that period who were exposed to information and had same opportunity as the twins, maybe even in a better financial position did not consider it an option to invest so much as $10m into.
The risk takers in society, are really the ones that make it big. Sometimes playing safe and thinking through investment opportunities is wise, but when one plays it too safe and overthinks some investment opportunities, he or she may never make it big.
The risk takers in society, are really the ones that make it big. Sometimes playing safe and thinking through investment opportunities is wise, but when one plays it too safe and overthinks some investment opportunities, he or she may never make it big.
April 12, 2021, 01:19:58 PM
You have to congratulate them on taking the chance at such an early stage of development and it benefited all Bitcoin holders when they bought in. Not sure why people need that much money though, hope they invest it in good causes instead of chasing ever higher bank account balances. I never knew that they were involved with Mark Zuckerberg, anyone who is able to take some of his money away is definitely good in my book.
April 12, 2021, 12:34:25 PM
...
what I applaud them is they were not afraid to spend a lot of money at a time when Bitcoin was not very popular...they are amazing twins, one thinking and like being able to read the future. if they didn't buy Bitcoin then their name wouldn't be as big as it is now. the value of their current assets is extraordinary.
April 12, 2021, 12:16:14 PM
Does any of you have accurate data about the amount of currencies that they have purchased?
You can check up the following Link
https://www.google.com/url?q=https://www.bostonmagazine.com/arts-entertainment/2019/05/29/winklevoss-twins/&sa=U&ved=2ahUKEwj65tW8mvnvAhW5A2MBHd79CIcQFjAAegQIChAB&usg=AOvVaw28T7jTq4pvIqHFqa2X7uSo
https://www.google.com/url?q=https://www.bloomberg.com/news/articles/2020-11-06/winklevoss-twins-ride-bitcoin-surge-to-become-billionaires-again&sa=U&ved=2ahUKEwj65tW8mvnvAhW5A2MBHd79CIcQFjALegQICBAB&usg=AOvVaw1lsQUAioGb8bOye-2IAhbL
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