"If you like gold, there are many reasons you should like Bitcoin", Cameron said.
Many bet big on Bitcoins and turned into overnight millionairess following recent price surge.
The $11m investment, however, has since ballooned by nearly 10,000 per cent after last week's price surge making it the first billion-dollar return made by a cryptocurrency investor. From regular guys in the street to Wall Street level investors, it seems that nobody can get enough of it. While some bitcoin users were afraid that Silk Road represented a significant amount of spending in the cryptocurrencies, the twins saw opportunity.
The twin brothers who claim Mark Zuckerberg stole their idea for Facebook are now Bitcoin billionaires. It's not hard to calculate what this investment is worth today. However, it remains unclear whether the bitcoin Nakamoto had previously mined in 2009 is spendable and since then, for almost eight years, Nakamoto's bitcoin has not been moved or spent. The digital currency has been on a steady rise. It is now clear that their optimism on the currency has certainly paid off.
This has also gained the attention of other investors.
Winklevoss twins become bitcoin billionaires
Interestingly, the venture capitalists pointed out that they have not sold a single bitcoin yet, with Cameron Winklevoss stating that the two of them are in for the long haul. However, it seems that Bitcoin keeps surprising us every day.
In August, Tyler Winklevoss stated that Gemini and his partners are focused on providing liquidity and a trading platform for institutional and retail investors.
Bitcoin hit a new high of $11,826.76 a coin on Sunday, according to Markets Insider data. Last week it emerged that the exchange operator Nasdaq could follow its rival CME Group in launching bitcoin future contracts next year, a sign that professional investors are increasingly taking the asset seriously.
Whether this will affect how the coin is traded remains to be seen. So yeah, looks like virtual currencies are here to stay.
What the Winklevii is are two people now holding just over $1 billion worth of bitcoin, and that's fantastic.
Yankees tab Boone as new manager
Boone was one of six candidates to interview for the job, beating out a group that included Eric Wedge and Carlos Beltran . Boone's father has worked for the Washington Nationals since December 2004 and now is an assistant general manager.