What if you could get yourself into a time machine and go back to 2011 just to buy $1 dollar’s worth of Bitcoin. At today’s prices how much will your dollar be worth? Specifically we are going to choose the date exact day of January 1, 2011.
You may want to be sitting down for the result.
Well, by using our Bitcoin Calculator we are able to see that just a single US dollar invested in Bitcoin on the night of January 1, 2011 is now worth $77,953.40 USD. That’s a mindboggling ROI of 7,795,338.40%, based on Bitcoin’s price today of $23,386.30 USD.
Feel free to try our Bitcoin Calculator it’s fun and it’s free. This calculator is good at calculating ROI for any past Bitcoin investment (or wished for investments).
The calculator is very accurate but it can’t estimate future gains; for that you can use our prospective investment calculator at https://crypto.icu/crypto-investor-calculator/. That app allows you select from currencies like Bitcoin, Ethereum, Ripple, etc.
The historic rise of Bitcoin
The value of Bitcoin has been growing exponentially since its creation in 2009. Its incredible rise has been felt across the world and has been compared to other investment assets. In this article, we will explore the historical growth of Bitcoin in comparison to other traditional investment assets.
In its early days, Bitcoin was a risky investment, as it was largely unregulated and didn’t have any institutional backing. However, its value slowly began to rise, and by 2013 it had reached a peak of $1,242. At that time, it was considered a risky investment, and many people were skeptical of its future.
However, since then the value of Bitcoin has continued to increase and it has become one of the most popular investment assets. In 2021, the price of Bitcoin surged to a high of nearly $63,400, making it one of the fastest-growing digital assets in the history.
Compared to other traditional investment assets, Bitcoin has had a much higher rate of return. For example, the S&P 500 has had an average annual return of 10 percent since 1950, while Bitcoin has had an average annual return of over 200 percent during the same period.
As Bitcoin has grown in popularity, more and more investors have begun to take it seriously as an investment asset. This has increased the demand for Bitcoin, which has contributed to its continued rise in value.
In addition, as more countries have begun to recognize and regulate Bitcoin, it has become more attractive to investors. This has also contributed to its rising value since it has become a more stable and secure investment asset.
Overall, the historical growth of Bitcoin in comparison to other traditional investment assets has been remarkable. As more countries continue to recognize and regulate Bitcoin, it is likely that its value will continue to increase. As such, it is clear that Bitcoin is here to stay and will likely remain a popular investment asset for years to come.