So almost 7 years ago my friend had a baby and i was gonna start investing for him for his college fund. Its hard to believe its been that long already. I dont know where time has gone and i still have nothing for him, well i have 11 years to get back on track. I have alot of catching up to do and im gonna start today and make up for it..... im not a loser by any means i can do this!!! so maybe i can buy my bitcoin by all my hive posts.... wishful thinking right who knows right lol
So what if i invested $1 dollar on his birthday on April 28th 2016 i would have gotten 0.00226331394 worth $50.75 today. wow maybe thats to much catching up to do!!! Wow maybe i should do hive instead was hive even around then? let me check so im not seeing a coinmarket cap price since march 26th 2020 of a price of .2956 so we would have to start with steem instead so i get a price of .435 on april 28th 2016. so lets figure out an estimate from steem to hive with a 10 percent a year return instead so 1 dollar would have got us 2.29 steem.
so we got almost 4 years until steem converts to hive.
april 28th 2016 2.29
year 1 2.519
year 2 2.77
year 3 3.04
year 4 3.35 and now we have 3.35 steem and 3.35 hive. we sell the steem at .2109 gives us .71 cents we now buy hive at .4978 and now we have 1.42 hive plus the 3.35 hive from the fork and we get 4.77 hive so now
year 5 5.25
year 6 5.77
year 7 6.34 worth 2.54
wow thats a big difference but doesnt factor in all the money you could have with 7 years of posts
so projected with bitcoin day 1 $50.75
steem/hive day 1 $2.54