How Rich Would You Be This Christmas if You Were Gifted 10 Bitcoin and Ethereum 10 Years Ago?

This post was originally published on this site.

Key Takeaways

  • Ten coins of Bitcoin or Ethereum bought in 2015 would have been a life-changing Christmas gift.
  • Bitcoin and Ethereum’s rise has been dramatic but predictable when looking back this Christmas.
  • Ethereum delivered far larger percentage gains.

Forget socks and scented candles.

A Christmas gift of cryptocurrency a decade ago would today be worth enough to buy a house, a sports car, or maybe a lifetime of festive dinners.

Bitcoin and Ethereum, now household names in global markets, were still relatively obscure experiments in 2015.

Being gifted ten tokens back then may have felt like a novelty gift from your financially mad uncle or grandma, but a decade later, it would have become clear it was a truly life-changing investment.

Ten Bitcoin In 2015

In 2015, Bitcoin traded in a wide range, hitting a low of $165.07 and a high of $430.08 during the year.

A gift of ten Bitcoin at the 2015 low would have cost just over $1,650, rising to around $4,300 at the year’s peak.

With Bitcoin trading at roughly $87,686 at the time of reporting, those same ten coins would now be worth about $876,860.

Measured from the 2015 low, that represents a gain of roughly 53,000%.

Ten Ethereum In Your 2015 Stocking

Ethereum, which launched in 2015, traded at around $1.36 in its early days, making it one of the cheapest ways at the time to gain exposure to blockchain technology beyond Bitcoin.

A gift of ten Ethereum would have cost just $13.60.

Today, with Ethereum priced near $2,957, those ten tokens would be worth roughly $29,570.

However, if someone was to spend the same amount of money as buying ten Bitcoin at their 2015 low, the price becomes ever wilder.

Spending $1,650 would have allowed someone to buy around 1,213 ether, at prices of around $1.36 at the time.

At current prices of roughly $2,957 per token, that holding would now be worth close to $3.6 million, dwarfing the return from the equivalent outlay in Bitcoin.

Ethereum may be a contender for the greatest Christmas gift you could have received in 2015.

100 Bitcoin and 100 Ethereum on Christmas Day

In 2015, a gift of 100 Bitcoin would have cost between roughly $16,500 and $43,000, depending on when during the year the tokens were purchased.

At today’s prices of about $87,686 per coin, that holding would now be worth close to $8.77 million.

Alongside it, 100 Ethereum bought in 2015 at prices of around $1.36 would have cost just $136.

With Ethereum trading near $2,957, those same tokens are now worth roughly $296,000

Taken together, a combined gift of 100 Bitcoin and 100 Ethereum in 2015 would today be worth just over $9 million.

Festive hindsight is a damn fine thing.

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