Bitcoin Down, The Twins Are No Longer So Billionaire

Being able to reap a fortune in a short time is not necessarily successful to make someone into a billionaire in a long time. This is what happened to two twin brothers, Cameron and Tyler Winklevoss.

Two of these young men had become a conversation because they are able to enter the list of world billionaires. Wealth can be earned thanks to Bitcoin investments. Unfortunately, it does not last long.
Winklevloss twins now no longer have a predicate as a billionaire. The dramatic decline of Bitcoin's value in the past few days has helped erode the wealth of these two brothers.

At Wednesday's close, Bitcoin's value plunged below $ 10,000. As a result, each Winklevoss must be willing to lose US $ 443 million. Bitcoin's value slumped 10 percent to US $ 9,544. This is the first time this digital currency is traded under US $ 10 thousand.

However, this does not make the twin scared. When talking with Bloomberg, they said they would still invest in Bitcoin because they believe the digital currency could have a value increase of up to 10 - 20 fold.

Previously, Cameron and Tyler Winklevoss apparently already understand the potential of bitcoin for a long time. By 2013, they bought 1 percent of all the existing bitcoins at that time for US $ 11 million. Well since then, the value of bitcoin crawl up.

Until now, the value of bitcoin soared 10 thousand percent and owned twin Winklevoss has penetrated the figure of US $ 1 billion. They entered the list of billionaires world.

They first got acquainted with bitcoin in 2012. And in 2015, they set up a digital currency marketplace called Gemini where investors can buy and sell bitcoins.

The name Winklevoss brothers first became publicly known in 2006 when they sued Facebook Founder Mark Zuckerberg. The brothers' duo claimed that the founder of Facebook stole their idea. In 2009, they agreed to end the legal process by receiving money from Facebook for US $ 65 million.