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The Winklevoss twins may have lost A LOT of money on Bitcoin

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With Bitcoin crashing, some cryptocurrency HODLers are hurting. That might include the Winklevoss twins. 

Tyler and Cameron bought 120,000 bitcoins in late 2012 with money from the $65 million payout from their lawsuit against Facebook.

SEE ALSO: Bitcoin just made the Winklevoss twins billionaires

That's more than $1.32 billion worth of bitcoin at Wednesday evening's value of about $11,000 per bitcoin. That seems like a lot, but just two days ago a bitcoin was worth $14,000. 

Here's the chart on Bitcoin since 2012. Up and up and up. 

Bitcoin's value since January 2012.

Image: coindesk

But then this week, it's been down, down, down.  Read more...

More about Bitcoin, Cryptocurrency, Winklevoss Twins, Tech, and Consumer Tech

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With Bitcoin crashing, some cryptocurrency HODLers are hurting. That might include the Winklevoss twins. 

Tyler and Cameron bought 120,000 bitcoins in late 2012 with money from the $65 million payout from their lawsuit against Facebook.

SEE ALSO: Bitcoin just made the Winklevoss twins billionaires

That's more than $1.32 billion worth of bitcoin at Wednesday evening's value of about $11,000 per bitcoin. That seems like a lot, but just two days ago a bitcoin was worth $14,000. 

Here's the chart on Bitcoin since 2012. Up and up and up. 

Bitcoin's value since January 2012.

Image: coindesk

But then this week, it's been down, down, down.  Read more...

More about Bitcoin, Cryptocurrency, Winklevoss Twins, Tech, and Consumer Tech

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