#MyGateTradeStory #PadaHariIni June 19, 2011 — Bitcoin hits 1 Cent 🔥


MtGox is hacked. A hacker drops $BTC from $17.50 to $0.01. The hacker took 2,000 BTC at the manipulated price — but regular users also bought about 650 BTC at 1 cent before trading was halted. That totals $6.50. SIX DOLLARS AND FIFTY CENTS.
None of those 650 BTC was ever returned by MtGox — so anyone who bought it either kept it in their own wallet or lost it when MtGox collapsed in 2014.
If they held? Those 650 BTC are worth around ~$60–85 million today depending on the day. At the all-time high in 2025 of $126k, that peak would make it worth more than $82 million.
We don’t know who they are. We don’t know if they still hold. But somewhere out there, someone turned $6.50 into a generation wealth — or sold at $30 thinking they won. 💀
The price drop is real. The conviction isn’t.
BTC1.77%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned