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If You Had Invested $100 In Bitcoin When Ellen DeGeneres Joked It Would Make You 'A Millionaire' Or 'Totally Broke,' Here's How Much You'd Have Today

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If You Had Invested $100 In Bitcoin When Ellen DeGeneres Joked It Would Make You 'A Millionaire' Or 'Totally Broke,' Here's How Much You'd Have Today

In 2018, popular TV host Ellen DeGeneres took it upon herself to explain to her audience what Bitcoin (CRYPTO: BTC) actually is. 

What Happened: She expressed the perception of confusion surrounding Bitcoin, stating, “Everybody is talking about Bitcoin, nobody understands it. It's like a plot twist in a confusing movie, when you're watching a movie and your friends are acting like they know what's going on, and you're like, ‘Yeah, I do too.'”

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DeGeneres said, “Pretend like Bitcoin is a goat. Now it's adorable… and you want to pick it up and you want to pet it. But you can't because it's not there, it doesn't exist except for on that Internet right there, just like Bitcoin is a digital currency.”

Summing up the unpredictable nature of Bitcoin investments, DeGeneres added, “Basically, if you invest in Bitcoin, you'll either be a millionaire or you'll be totally broke.”


See More: A Stay At The Floating Palace From James Bond's ‘Octopussy

Why It Matters: On February 16, 2018, when the episode was aired, Bitcoin was trading at $9,994. If you had invested $100 after the episode aired, they would have gained a profit of 157.68%, bringing the total investment value to $257.68.

Price Action: At the time of writing, BTC was trading at $25,753, up 0.01% in the last 24 hours, according to Benzinga Pro.

Read Next: Bitcoin, Ethereum, Dogecoin Trade Mixed As Investors On Edge Due To Macroeconomic Factors: Analyst Says Looks Deceptive When It Comes To King Crypto, Potential Shift Incoming

Photo by Kathy Hutchins on Shutterstock

 

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Posted-In: Bitcoin Ellen DeGeneresCryptocurrency Entertainment News Top Stories Markets

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