50 Cent sold copies of his album “Animal Ambition” for a fraction of Bitcoin, and ended up making 700 Bitcoins as a result in June, 2014. Customers could get a copy for only a fraction of a single Bitcoin.
He made a post on instagram, saying that he had “Forgotten” that he had made sales accepting Bitcoin.
A single Bitcoin was worth around $662 at the time. 700 Bitcoins got him $460,000 in sales.
With the prices of today, it's around $20M.
Most of the stories of people making a lot money from Bitcoin has always been the ones where they forget and find out years later.
It's the case that people who keep looking at the prices will be tempted to sell sooner or later so the possibility of making such money is very hard that way.
https://www.gq.com/story/50-cent-just-made-millions-off-of-bitcoin-entirely-by-accident
50 Cent? More like… 700 Bitcoin.
>!Sorry!<
Now I wonder, why do I never witness these happy accidents myself.
Silk road merchants that got sentenced for 10 years back in 2011, got out with a nice bonus.
Real hustler accepting payments in all currencies.
I swear I read somewhere he made like 8mil selling and it helped him out of a rough patch at the time.
Imagine buying a 50 Cent album with BTC and regretting it every bull run.
If he has forgotten about accepting Bitcoin, he has probably also forgotten about the seed.
Thanks for the burn Mr. 50.
Great article but is it bugging anyone else using the pluralised form of Bitcoin? It’s like saying I went to bed counting lots of sheeps
News like this makes me feel stupid for missing out…
It’s a shame that this only really happens to people who don’t need the money
“Buy and forget” proving to be a fantastic strategy recently
I wish I suddenly remembered I had a shit ton of money lying around somewhere
Is there any proof to back this up, could be made up or exaggerated
”I don’t know what you heard about me, but you can’t get a Bitcoin out of me…”
I adviced my parents years ago to receive crypto payments for their products
this is real world…they didn’t want to
50 cent. A man of the people
Them: what’d you do with your early Bitcoin?
Me: Bought a CD
Ah yes my favorite rapper 50 Coin
Sa…Sa…Satoshi Unit!
Got to love some found wealth!
How rich do you have to be that you can forget about having 700 Bitcoin sitting somewhere? It wasn’t worth as much back then, but still…
Hey shawty it’s my Bitcoin, we’re gonna drink Bacardi and party with my Bitcoin!
What a chad lmao
50 Cent got renamed to 50 sats now
The math says nickleback should be sitting on about 70 bitcoin then.
I hope I forget about my BTC and do 20x in a few years.
You can find me in da r/cryptocurrency subreddit
Man went from 50 cent to 20 million
That makes a lot of cents.
Didnt he later deny this and people said that he is pretending it never happened due to tax reasons?
Get rich or die trying without even trying
And they can still get it for a fraction of a single Bitcoin.
Go, go, go, go, go, go
Go shorty, it’s your birthday
In 2012 I tried to convince my band to accept bitcoin for cd sales. Two record deals and European tours later they ended up regretting it. I tried.
I remember this actually fuccckkkkk man
Rich get richer!
2017 news
Who makes 18 millions and forgets hahaha
Not surprising, 50 cent is bad with money, There is a reason he went bankrupt. This is just a lucky break for him.
Yet he still went bankrupt
50 told me go head and switch the style up and if they hate then let them hate and watch the bitcoin pile up.
​
this is valid for all crypto, its a giant fucking casino, the only one who makes money consistently are the casino owners, everyone else is just gambling
I had some BTC back in 2014 also, I checked my wallet and found $0.14 in one of them
that’s the truth
Crypto mastermind
Hah imagine forgetting you have 700 Bitcoin them remember when it’s 20m
Amazing that talentless fuck turns everything to gold.
$0.5 BTC in 2010 would be roughly $268,000. Not bad
As I said before, if you dig in you’ll find fascinating stores around crypto thru the years!
Seems more like 40x than 20x. But hey, we’re gambling in crypto so math doesn’t matter much.
Yeah it’s true