Bitcoin is the oldest as well as the most common cryptocurrency in the world of finance. It was released in 2009. As time flows, Bitcoin slowly increases its power and it is currently the most expensive cryptocurrency. One BTC is about 50K USD.
A lot of factors play a role in determining the price of a cryptocurrency, mainly trust. This article has taken the help of data provided by well-known sources from Morningstar, Coinbase, as well as a calculator and statistics.
Note: The values aren't the most accurate as well as precise. But the calculated values in this article are very close to the original value and the error is maximumly limited to decimal or fraction. The values also depend on the sources. Some sources may have 0.25 while others may show 0.29, though they do not alter the system as a whole.
How Much Bitcoin Is $100 During 2010-2021
-2010
Average: 666.6 Bitcoins =$100
-2011
2012
-2013
-2014
-2015
-2016
-2017
Amount of Bitcoin for $100 in 2018-2020
-2018
-2019
-2020
Amount of Bitcoin for 100 dollars in 2021
-2021 (till 4th September)
Conclusion
If you invest $100, you get 0.002 Bitcoins as of 21st August.
The declining value of Bitcoin per hundred USD is pointing out to the fact that it is becoming stronger each year except for the few. In the initial period, about seven hundred Bitcoins were required to purchase a product or service costing 100 Dollars.
Right now, a thousandth of 2 Bitcoins or 2/1000 of Bitcoins is worth about a hundred dollars. It is factual to assume that Bitcoin scarcity was near to zero during the initial period, one can easily get any amount of Bitcoins due to lack of demand.
Currently, the demand has sky-rocketed and at the same time, the supply is rare. 666.6 BTC could get you a pair of Nike men's sneakers in 2010, the same could get using 0.002 Bitcoins in the present.
The lucky/fortunate are those who have acquired Bitcoins in the initial phase of its growth (2010-2015) and sold it off in the current period. Let's assume if you unintentionally purchase 10 Bitcoins in 2010 (when 1 BTC was about 0.16 dollars) worth 1.6 dollars, and sold it off right now. You would have made $495,834. Substracting 1.6 dollars, you get the profit.
If you imagine yourself getting 100 BTC in the former period and selling it off right now, you would be a millionaire (roughly 5 million USD in your hand). If you're pretty smart, you would own some estates, hold some stocks using a fraction of that money and live your life like a king. Yet destiny isn't in our hands.
With that many Bitcoins, You can purchase 2 Bugatti Chiron (each costing 2.5 million USD) or five thousand iPhone 12 Pro. Things are unpredictable, a worthless thing like Bitcoin could become so wealthy that it could make someone wealthier AF.
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Year | $100 in BTC (approx. mean value) |
2010 2011 2012 2013 2014 2015 | 666 BTC 59.5 BTC 11.1 BTC 0.2 BTC 0.17 BTC 0.29 BTC |
2016 | 0.144 BTC |
2017 | 0.014 BTC |
2018 | 0.011 BTC |
2019 | 0.018 BTC |
2020 | 0.0072 BTC |
2021 | 0.0020 BTC (as of 4th September 2021) |
Sources:
- Morningstar - for currency (USD)
- Coinbase- for Bitcoin (BTC)
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