A Story Of Regret: Early BTC Dev Missed Out ON $1.3B By Selling Early
Last Updated: 21 December 2020
Martti Malmi stands as one of the earliest developers within the Bitcoin space, is known as Sirius in the space. Recently, the man has come to detail what exactly happened to his significant Bitcoin holdings, almost 55,000 BTC at its peak, since the early years of 2009.
The Casualties Through The Decade
On a Twitter thread made on Friday, the former BTC developer revealed the massive crypto gains he made back during 2009 and 2010, when the prices were almost zero at the time.
As it stands, he explained that he sold 5,050 BTC back in October of 2009 for a (now) laughable price of $5. Another batch, by the tune of 30,000 BTC, was lost by way of one of the first BTC exchanges he operated, primarily due to the lack of established exchange rates back then.