This family sold everything they owned to invest in Bitcoin when it was $900 | The National (2024)

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This family sold everything they owned to invest in Bitcoin when it was $900 | The National? ›

In 2016, Dutch national Didi Taihuttu, his wife and three daughters sold everything they owned to invest in Bitcoin when it was trading at only $900. “We sold everything we had – house, cars, motorbikes, holiday home, clothes, toys, furniture and [it] all went into Bitcoin,” Mr Taihuttu tells The National.

“Is he a crazyman, a lunatic or there's something there?” In 2017, Father Didi Taihuttu, his wife Romaine and their three young daughters Joli, Juna and Jessa sold all their belongings and put it all into Bitcoin.

In 2017, Taihuttu, his wife, and three daughters liquidated all they owned, trading a 2,500-square-foot house and virtually all their earthly possessions for bitcoin and a life on the road. This was back when the price of bitcoin was around $900. Bitcoin is currently trading around $19,700.

In 2017, Didi Taihuttu, his wife Romaine and their three young daughters, Joli, Juna and Jessa, sold all their belongings and put it all into Bitcoin.

The latest run went from $200 on 3 November to $900 on 18 November. Bitcoin passed US$1,000 on 28 November 2013 at Mt. Gox. No exchanges or market; users were mainly cryptography fans who were sending bitcoins for hobby purposes representing low or no value.

Of course, Finman is biased: The teen crypto phenom used $1,000 his grandmother gave him when he was 12 years old to buy his first bitcoin when the little-known virtual currency was just $12 a token. By age 18, Finman had become a millionaire. (See more: Who is Erik Finman, the Bitcoin Millionaire Teenager?)

Michael Saylor

In October 2020, Saylor shared that he personally purchased 17,732 bitcoins for $175 million on top of the investments of his firm in the digital asset. The company currently owns around 193,000 bitcoins, which means that it's the largest corporate owner of the crypto.

Gemini. In 2014, Cameron and his brother Tyler founded Gemini, a New York-based cryptocurrency exchange.

What family bought Bitcoin at $900? ›

In 2016, Dutch national Didi Taihuttu, his wife and three daughters sold everything they owned to invest in Bitcoin when it was trading at only $900. “We sold everything we had – house, cars, motorbikes, holiday home, clothes, toys, furniture and [it] all went into Bitcoin,” Mr Taihuttu tells The National.

CEO of fake cryptocurrency OneCoin, Ruja Ignatova, is the FBI's most wanted woman. She stole billions, then vanished.

Bitcoin was created by an anonymous person or group using the pseudonym Satoshi Nakamoto. Nakamoto published a whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," outlining the concept of a decentralized digital currency. 1 The true identity of Satoshi Nakamoto remains unknown to this day.

1 USD equals 0.000017 BTC. The current value of 1 United States Dollar is +0.60% against the exchange rate to BTC in the last 24 hours. ​ The current Bitcoin market cap is $1.14T. ​Create a free Kraken account to instantly convert USD to BTC today.

If someone had invested $1000 into Bitcoin when it was first introduced in 2009, they would have acquired approximately 111,111 Bitcoins at the initial price of $0.008 per Bitcoin. the price of Bitcoin is around $45,000 per Bitcoin.

How much is 1 Bitcoin in INR? Right now, 1 Bitcoin is worth about ₹4,581,320.65.

In 2012, someone stole 50,000 bitcoin from the Silk Road, an illegal dark web marketplace.

Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency.