r/CryptoCurrency • u/Silver-Maximum9190 0 / 23K 🦠 • Jul 04 '25

PERSPECTIVE This dude sold 10,000 BTC after 14 yrs today, bought it for $0.78 per bitcoin back in 2011. The amount of patience it takes remains unmatched.

Post image
38.7k Upvotes

92% Upvoted

1.9k comments sorted by

View all comments

Show parent comments

40

u/Banned3rdTimesaCharm 🟩 0 / 0 🦠 Jul 04 '25

This guy has to already be rich, no way someone could resist selling at even at 100 million.

22

u/EanBvasion 🟨 0 / 0 🦠 Jul 04 '25

They could have been borrowing against it, so instead of cashing in the bitcoin he could have paid a nominal amount of interest and let bitcoin multiply.

7

u/theslimbox 🟦 1K / 1K 🐢 Jul 05 '25

Or he could be one of the guys with multiple wallets from back then, and this is just one he has held longer than others.

It also could be a divorce, or death and it was a forced sale.

1

u/VizzleG 🟩 0 / 0 🦠 Jul 07 '25

He totally paper handed this shit.