Holy smokes…
Bitcoin just hit $5,700, a record high.
That’s up from its price of $4,200 last week…
$3,300 last month…
And $600 last year.
Early investors are making millions… and in some cases, hundreds of millions.
Today I’ll look at a handful of these lucky investors…
Then I’ll show you why we believe the biggest profits in “cryptos” are still to come.
Doing a Deal with U.S. Marshals
A few years ago, the U.S. Marshals Service busted an illegal online business.
As part of the bust, it got access to 30,000 bitcoins.
Not knowing what else to do with its stash of coins, the U.S. Marshals held an auction to get rid of them.
At the time, there was little interest in bitcoin, so a guy in California named Tim Draper took them off the Government’s hands for next to nothing.
As it turns out, it was like buying a Picasso at a garage sale for $5...
Today, those coins are worth $171 million.
From Start-Ups to Cryptos
Right around the time that Draper won that auction, a young guy in New York named Barry Silbert was becoming intrigued by digital currencies.
Initially, Silbert had been interested in the start-up world…
But after he got bitten by the crypto bug, he decided to focus on cryptos, instead.
So when he had the chance to scoop up 48,000 bitcoins at a huge discount, he decided to take a shot.
Today, those bitcoins are worth $273 million.
$57 Million Worth of Pizza
On May 22, 2010, a computer nerd named Laszlo Hanyecz sent 10,000 bitcoins to a friend.
In exchange, his friend sent him two Papa John's pizzas worth about $30.
You see, back then, each bitcoin was worth just a tiny fraction of a penny.
Today, those 10,000 coins are worth about $57 million.
Just the First Inning
Clearly, digital currencies have come a long way since 2010…
But many experts believe we’re still in the first inning.
To get a sense for how much upside these currencies still have, here are a handful of price predictions about bitcoin:
Gold Substitute — Tom Lee of Fundstrat, an investment research firm, believes bitcoin could become a substitute for gold. If he’s right, the price of bitcoin could reach $20,000 to $55,000 in the next five years.
A Bank in Your Pocket — Jeremy Liu, a prominent venture capitalist and Snapchat’s first investor, believes the global penetration of smartphones will allow digital currencies like bitcoin to become the basis for a global, non-cash economy. If he’s right, bitcoin’s price could reach $500,000.
A $1 Million Coin — Wences Casares is a member of PayPal's board of directors. If anyone understands online payment networks, it’s this guy. Casares recently predicted that Bitcoin will hit $1 million.
A New Universe of Profits
The thing is, bitcoin is hardly the only crypto to explode with profits.
Nearly every day, a new digital currency is delivering huge gains to its investors.
Here are just a few recent examples:
MaxCoin — up 6,045%
FastCoin — up 13,595%
Cryptonite — up 75,063%
Influxcoin — up 59,577%
DubaiCoin — up a mind-boggling 823,750%
As many of you already know, Wayne and I have jumped into this sector personally…
We got into Ethereum at about $40 (that’s where we publicly recommended it to Crowdability readers) — and it quickly shot up to $400.
We’ve also made crypto trades that delivered quick profits of 331%, 890%, and 1,228%.
Never in our lives have we experienced big, fast gains like this.
If you’re prepared to risk a few hundred dollars, we believe you could make a fortune here.
Don’t miss out!
Happy investing.
Best Regards,
Founder
Crowdability.com
