What if you bought Bitcoin on November 28, 2016?
Bitcoin was trading at $743.57 on November 28, 2016. Here's what different investments would be worth today at $71,308.
You invested
$100.00
on 2016-11-28
BTC price then
$743.57
0.134486 BTC bought
Value today
$9,590
BTC at $71,308
Profit
+$9,490
+9490.0%
You invested
$500.00
on 2016-11-28
BTC price then
$743.57
0.672432 BTC bought
Value today
$47,950
BTC at $71,308
Profit
+$47,450
+9490.0%
You invested
$1,000
on 2016-11-28
BTC price then
$743.57
1.3449 BTC bought
Value today
$95,900
BTC at $71,308
Profit
+$94,900
+9490.0%
You invested
$5,000
on 2016-11-28
BTC price then
$743.57
6.7243 BTC bought
Value today
$479,498
BTC at $71,308
Profit
+$474,498
+9490.0%
You invested
$10,000
on 2016-11-28
BTC price then
$743.57
13.4486 BTC bought
Value today
$958,995
BTC at $71,308
Profit
+$948,995
+9490.0%
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Bitcoin on November 28, 2016 — Investment Analysis
On November 28, 2016, one Bitcoin cost $743.57. A $1,000 investment would have purchased 1.344863BTC. At today's price of $71,308, that holding would be worth $95,900 — a +9490.0%return. This calculation does not account for transaction fees, taxes, or the emotional difficulty of holding through Bitcoin's famous volatility. Past performance does not guarantee future results.
Frequently Asked Questions
A $1,000 investment in Bitcoin on November 28, 2016 would be worth approximately $95,900 today, representing a +9490.0% return. Bitcoin's price on that date was $743.57, and it is now $71,308. This translates to owning approximately 1.344863 BTC.
Bitcoin was trading at approximately $743.57 on November 28, 2016. At today's price of $71,308, that represents a 95.9x increase.
A $100 Bitcoin purchase on November 28, 2016 at $743.57 per BTC would have grown to approximately $9,590 today — a +9490.0% return over 10 years.
Based on Bitcoin Gate's historical analysis, buying Bitcoin in 2016 at $743.57 resulted in a 9490.0% return to date. This was an exceptional entry point.
Since November 28, 2016, Bitcoin has gone from $743.57 to $71,308 — a 95.9x increase. Historically, Bitcoin has rewarded holders across virtually all entry points when held for 4 or more years. Dollar-cost averaging remains a proven strategy for entering at any price level.