HOW 50 CENT MADE 700 BITCOINS THAT ARE WORTH $7.7 MILLION.

in bitcoin •  7 years ago 

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" i forgot taking 700 bitcoins for 2014 album, stake is now worth millions" 50 cent added.

Curtis jackson, A.K.A 50 cent is a business and hip hop artist who became famous for his streetwise raps and rags-to-riches life story.
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At a time in the past 50 cent agreed to accept bitcoin for purchases of his 2014 album, titled "Animal Ambition", a standard measure of the cryptocurrency was already worth hundreds of dollars, but the quality of those sales has since skyrocketed and the rappers bitcoin holding is worth more than $7.5million.

I'm so proud of me

50 added .
In an additional comment may exasperate or amaze people who would love to find a stack of money, 50 cent added "I'm a keep it real i forgot i did that s***".
TMZ reports that "Animal Ambition" gave the rapper around 700 bitcoins worth several hundred thousand dollars at a time around $7.7 million at today's rate.
The sequence of 50 cents bitcoins windfall is emerging just some few years back after the rapper was accused for bankruptcy protection under his name ''Curtis Jackson'' reported in 2016 by NPR. The rapper claimed his broke but he posted instagram photo's showing stacks of cash in a refrigerator.
At a time in 2014, bitcoins price was fluctuating vastly , vulnerable to news of government hackers and clampdowns attack on exchanges. The value of the currency had topped to $1,000 in 2013. When 50 cents album came out in winter of 2014, one bitcoin was worth more than $600. Today 1 bitcoin is worth more than $11,000 last month it nearly reached $20,000, wow!!!.

In an update on the album's bitcoin progresses this week Complex Noted 50 has proven his business acuity time and time again. It's how he got rich and didn't die trying.
Photo credits: www.gettyimages.com

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Wow, I wish I bought bitcoin way back then, I could have made a lot like him, bitcoin has really made many rich. It's a big time investment. Am happy 50cent earned that much

Exactly! everyone wished that to. Thanks for reading

Nice write up....keep the ball rolling

Thanks for reading

You too will make yours. Just keep it real rolling @oghie thanks for sharing

Thank you

If only we could turn back the hands of time.. We all will look for this bitcoin when it was cheap

Exactly! thanks for stopping by

Nice one

Thank you

This means we shouldn't procrastinate on potential rewarding opportunities.

That's the naked truth! i'm glad you enjoyed it.

I think this is a very good post with useful information.

Thanks for stopping by @khairamuliani

nice info

Thank you

this is a great post from you...........teaches us not to underestimate what we have today and not be short-sighted

Nice info @oghie

Thanks dear @pretty-nelly

Wow informative

Thank you

great and interesting............keep it up

Thank you

My friend told me about bitcoin i didnt take serious,how i wish did then.Anyway thanks for the eye opener

You're welcome, i wish you had listened to your friend, but it's all good at least steemit will help cover all those mistakes.

Everyone of us is wishing we bought bitcoins then,thank God we got steemit,we would make all we missed then back

Exactly bro

Well it's all done now, most people won't still listen they'll keep watching it rise. Let's all strive hard in all we do.

That's humans for you, thanks for reading