Bitcoin status
Terminally-ill Man Borrows over $300,000 to Invest in Bitcoin, is a Millionaire Now.
At the time, the redditor stated he had a terminal disease, and added that if bitcoin were to reach the $10,000 mark he would move to the West Coast to “get away from all the angry people” that live where he resided.
Various redditors criticized the move, while others wished him luck. When the redditor bought his bitcoins, one coin was worth $1,700 as the cryptocurrency had just hit a new all-time high. Now, as bitcoin soars past $5,700 we decided to take a look at the numbers and see how much gingerbreadfutters has, assuming he didn’t sell any of his coins, and that nothing happened in the meantime.
At press time, one bitcoin is worth $5,736 according to data from CoinMarketCap, which means he now has about $1,096,258.58 worth of bitcoin. The cryptocurrency’s value has been surging, partly thanks to its growing acceptance, partly due to rising global demand, and partly due to SegWit2x hard fork in November.