Co-Founder of Dogecoin Admits to Past Bitcoin Sales
In a recent tweet, Billy Markus, co-founder of Dogecoin (known as Shibetoshi Nakamoto on Twitter), shared a humorous reflection on his past Bitcoin trades.
Markus revealed two instances where he sold Bitcoin in 2015, when the price was significantly lower:
- December 21, 2015: Sold 20.37 BTC for $8,893.54
- April 9, 2015: Sold 17 BTC for $4,152.59
Surprising Reason for Sales
When asked if he invested the funds in Dogecoin, Markus replied that he had used them for a "Honda Civic (rent)."
Relatable Experience
Markus' admission resonated with many in the crypto community who have made similar mistakes, such as selling at the wrong time or for insufficient reasons.
Missed Opportunity
The combined value of Markus' Bitcoin sales in 2015 was $13,045, which would now be worth $3,725,826 at current prices.
Community Reaction
Markus' lightheartedness and self-deprecation sparked a mixture of amusement and empathy within the crypto community.