Bitcoin Forum

they bought $10mln worth of BTC a few days ago, its down to $93.XX

somewhere over $1.5mln range?

lol such a facepalm thread

They bought much earlier then you think.

They've probably made more on BTC at the current price than you had when the price was $266.

Lets see.. By all accounts they bought their holdings over the summer of 2012.  Lets call that $10/coin to be generous and make the math easy.

Reports had them valued at $11M total right around $250 if I recall correctly.  That's roughly 44,000 coins total.  So lets round things up and say they put $500,000 into bitcoin.

I'd be absolutely shocked if they haven't taken in massive profits from this.  Who knows what their holdings were when - anyone with that kind of money buying in probably has a professional money manager at least offering advice, so I'd bet they at bare minimum have their investment long since taken out, and if I were a betting man - a nice tidy profit already set aside.

Even my small little "operation" I was taking out expenses via DCA far before the peak hit.  Sure, I left some profits on the floor by doing so (in retrospect), but I was fully vested by $33 and any holdings sold after that was profit.  I'd imagine they did something similar.

And as someone said, they very well could have been some of the large holders dumping on the market just after peak.  I would have been.

             http://www.poetryfoundation.org/harriet/wp-content/uploads/2012/05/5-18-12_TROLL_THREAD.jpg

They bought during summer 2k12 at $15 i guess.
They've made more than you have.

They bought in in January so they have made more money than you have probably seen in your life.

A little less than 500k bought between $4.55 and $5. These money have not been sold yet! So still  +2000%.

Let us just come with wild guesses, in the end they have to disclose their numbers as the tax man will suspect they are hiding something!!!

No... http://www.zerohedge.com/news/2013-04-11/winklevoss-twins-revealed-owning-1-all-bitcoins
The brothers began dabbling in bitcoin last summer when the dollar value of a single coin was still in the single digits. In addition to the purchase of bitcoins, they also say they have invested in a bitcoin-related company, but declined to disclose which one. The currency itself exists as a string of letters and numbers. In order to keep their holdings secure from hackers, they have taken those codes off networked computers and saved them on small flash drives. They said they have put the drives in safe deposit boxes at banks in three different cities.

So they bought for single digits a year ago, and now hold those coins in cold storage and do not trade them

Just because some trolling teens shout that they caused the crash, were the ones buying/selling doesn't make it true. Look at all the replies here, all of those above are just guys inventing something the moment they type, and then passing it off as fact.

appreciate the responses, I was unaware they were buying in the Summer of 2012

It's all the usual bullshit, hear say. I wouldn't take anything serious posted by a cargo cult shaman.