Bitcoin

Current Status Of Man Who Urged People to Buy $1 in Bitcoin (BTC) 10 Years Ago

Davinci Jeremie, a young man from Chile, recently elicited a stir online via one of his YouTube videos from about ten years ago. 

In the video, which resurfaced after it was initially shared in 2013, Jeremie was seen advising his viewers to invest as little as $1 in Bitcoin (BTC).

In his exact words, he stated, “Now, I’m hoping that every single one of you buys $1 worth of Bitcoin because you all will be thanking me for that $1 worth of Bitcoin.”

Read Also: Missing U.S. Crypto King’s Dismembered Body Found Blocking a Toilet By Plumbers

Details Of Jeremie’s Old Video

In the video, Jeremy described what Bitcoin is all about, noting that the cryptocurrency is bigger than any regulatory body that might want to impede digital asset expansion. He remarked that the coin was designed to regulate itself.

Still describing the largest cryptocurrency, Jeremy stated that Satoshi Nakamoto already included all that was required for the coin to boom once it gets bigger. He termed BTC a “Freedom provider for the rest of humanity.”

Apart from everything he said in the video, the clip’s description was equally compelling. Jeremy noted, “Look, for the price of a lotto ticket, you can hold Bitcoin (BTC) for ten years and become a millionaire. It’s time you stop living in fear. If it goes to zero, you lose $1, who cares!!!”

Did People Act On Jeremy’s Advice

In the video, Jeremy acknowledged that his pleas might be paid deaf ears, which was unfortunately the outcome, as was revealed in a recent interview. 

In a discussion with CoinTelegraph in June 2023, the Bitcoin advocate noted that many people didn’t listen to his pleas. According to him, he thought he was going to be a hero guiding people to financial freedom. However, the reverse was the case, as these people thought he was going crazy.

Read Also: Man Who Acquired 5,000 BTC with $22 Completely Forgot About It And Came Back To a Fortune

What A $1 Bitcoin Investment In 2013 Is Worth Currently?

According to Investopedia, a renowned crypto assets price tracker, Bitcoin crossed $100 in April and $200 in October, implying that Bitcoin’s minimum and maximum price should be between both extremes.

Taking $100 as a potential Bitcoin selling price when Jeremy made his video, $1 would have purchased 0.01 worth of Bitcoin (BTC). 

At Bitcoin’s all-time high (ATH), 0.01 BTC sold for about $690.45. Now, imagine the outcome if the investment capital was raised to about $10 or even $100. It goes a long way to tell you how wealthy Jeremy must have become over these years.


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Chinedu Agbakwusi

Chinedu Agbakwusi is a medical student at the prestigious Nnamdi Azikiwe University with sound knowledge of the crypto space. I am here to be a reliable plug for well-researched crypto content ranging from crypto news to market analyses and blockchain inventions.

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