If You'd Bought 1 Bitcoin in 2007, Here's How Many Bitcoins You Would Own Now

Source The Motley Fool

Almost everyone knows by now that Bitcoin (CRYPTO: BTC) has been one of the best investments of all time. Investing just $20 into the cryptocurrency when it launched in 2009 would have turned you into a billionaire.

But what if you purchased just a single bitcoin the year it launched? How much would it be worth now, and might you actually have more bitcoins today than when you started? The answer might surprise you.

1 thing every bitcoin investor must understand

Investing in bitcoin is not like buying shares of a company. For example, public companies can issue more stock or even buy back their own shares at any time. Bitcoin, meanwhile, has a fairly defined supply trajectory, with its supply growth halving according to regular intervals. Around the year 2140, no new bitcoins will be mined, maxing out the total supply at 21 million bitcoins.

Another notable difference is that public companies can conduct stock splits, changing how many shares any one shareholder has. No such thing exists for bitcoin. So if you purchased a single bitcoin in 2007, you still own the same number of bitcoins today: One.

Bitcoin Price Chart

Bitcoin Price data by YCharts.

Just because the number of bitcoins you would have owned since 2007 wouldn't have changed doesn't mean the value of your investment remains unchanged. In 2009, bitcoins were reportedly trading hands at just $0.00099 apiece. Today, a single bitcoin is worth nearly $75,000, resulting in a profit of essentially $75,000. Not bad for investing less than a penny.

It's important to note that other cryptocurrencies -- Ethereum being a prime example -- allow you to stake your holdings, earning more in exchange. It's nearly akin to a dividend reinvestment program. For now, Bitcoin does not offer a staking program. Although that could change once mining rewards hit zero, eliminating the incentive for miners to support the decentralized network. In any case, the only way to acquire more bitcoins today is by purchasing more bitcoins. Remaining patient simply gives you more upside potential, not more bitcoins.

Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

  • Amazon: if you invested $1,000 when we doubled down in 2010, you’d have $22,292!*
  • Apple: if you invested $1,000 when we doubled down in 2008, you’d have $42,169!*
  • Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $407,758!*

Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.

See 3 “Double Down” stocks »

*Stock Advisor returns as of November 4, 2024

Ryan Vanzo has positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Dollar holds above 100 near a 3-month high — three Fed speakers and a $69 billion auction land tonightThe dollar index closed at 100.43 on Monday, its highest close since late July, after a weekly gain of about 1% — the best in more than three months — and is holding above the 100.00 handle in Asia. Three Fed officials speak tonight alongside a $69 billion two-year note auction, the first leg of $183 billion of Treasury supply this week.
Author  Suzie
Sep 22, Tue
The dollar index closed at 100.43 on Monday, its highest close since late July, after a weekly gain of about 1% — the best in more than three months — and is holding above the 100.00 handle in Asia. Three Fed officials speak tonight alongside a $69 billion two-year note auction, the first leg of $183 billion of Treasury supply this week.
placeholder
October hike odds climb toward 60% as Goldman and BofA both flip — what Warsh's "dose of accommodation" really changedRate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.
Author  Irene Q.
Sep 23, Wed
Rate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.
placeholder
Memory chips surge, Nasdaq notches a second straight record close — why the Dow fell 185 points anywayMicron gained 5%, SanDisk 6.8%, Seagate 4% and Western Digital 3% as the memory complex led the Nasdaq Composite to a second consecutive record close of 27,244.28. But the Dow fell 185 points as JPMorgan, Wells Fargo and Schwab slid more than 3% each — a split tape that says more about positioning than about the economy.
Author  Irene Q.
Sep 23, Wed
Micron gained 5%, SanDisk 6.8%, Seagate 4% and Western Digital 3% as the memory complex led the Nasdaq Composite to a second consecutive record close of 27,244.28. But the Dow fell 185 points as JPMorgan, Wells Fargo and Schwab slid more than 3% each — a split tape that says more about positioning than about the economy.
placeholder
Gold Price Forecast: XAU/USD drifts toward $4.300 with bears gaining tractionGold (XAU/USD) retraces Tuesday’s gains on Wednesday and drifts lower, approaching the $4,300 area as the US Dollar Index (DXY) rallies further amid high US Treasury yields.
Author  FXStreet
Sep 23, Wed
Gold (XAU/USD) retraces Tuesday’s gains on Wednesday and drifts lower, approaching the $4,300 area as the US Dollar Index (DXY) rallies further amid high US Treasury yields.
placeholder
US input costs rose at the fastest pace in four years — the September flash PMI beat is an inflation story, not a growth storyUS September flash PMIs came in far above expectations, with the composite at 58.4, a five-year high. But the detail that moved markets was input cost inflation at its fastest since October 2022, driven by fuel, transport and supply shortages. Brent is back above $100 and the 10-year Treasury yield has hit its highest since 2007.
Author  Suzie
19 hours ago
US September flash PMIs came in far above expectations, with the composite at 58.4, a five-year high. But the detail that moved markets was input cost inflation at its fastest since October 2022, driven by fuel, transport and supply shortages. Brent is back above $100 and the 10-year Treasury yield has hit its highest since 2007.
goTop
quote