With Bitcoin crashing, some cryptocurrency HODLers are hurting. That might include the Winklevoss twins.
Tyler and Cameron bought 120,000 bitcoins in late 2012 with money from the $65 million payout from their lawsuit against Facebook.
That’s more than $1.32 billion worth of bitcoin at Wednesday evening’s value of about $11,000 per bitcoin. That seems like a lot, but just two days ago a bitcoin was worth $14,000.
Here’s the chart on Bitcoin since 2012. Up and up and up.
But then this week, it’s been down, down, down. Read more…