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Erik Voorhees sold his Bitcoin-based gambling website "SatoshiDice" in 2013 for 126,315 BTC, which is currently around $3.4 billion

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by COINS NEWS 132 Views

Seeing someone on reddit create a roll dice mechanic where they would get coins if they won and lose them when they lost, he contacted them to hire them for his project, which he named "SatoshiDice".

The website saw Bitcoin being used to gamble on it more than any other uses in the internet, causing huge popularity around the time.

But Erik Voorhees eventually reluctantly decided to sell his website for around 126,315 Bitcoins, which only amounted to $12m at the time.

It's safe to say he made a lot of money if he just held on to those 126K Bitcoins. Around $3.4 billion in today's value of Bitcoin.

We always see people who had bought some small amount of Bitcoin back then which still would amount to a lot, but never around 126K, from $12m to billions. Just shows how much Bitcoin has come.

submitted by /u/Elie0_0
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