Biggest monetary value increase?
Discussion
Reading the F1 road trip thread, it occurred to me that they couldn't even sell them all when they came out and the stories of them changing hands in the mid-90's for £400k and are now £10-12m + led me to a thought.
What has increased in value the most in the last 25 years as a percentage, be it Apple Shares, The F1, Houses in Kensington etc?
What has increased in value the most in the last 25 years as a percentage, be it Apple Shares, The F1, Houses in Kensington etc?
okgo said:
227bhp said:
Gold, approx 250%.
Well that is pretty average no?People (on PH) poopoo the idea, but apparently it's where to put your money in times of global and financial uncertainty (um, like now).
I dug up an old post on here where years ago some guy asked about it, 'don't bother'! was the general reply. If he had he would have been pretty rich by now.
Link to 30yr charts here: https://goldprice.org/30-year-gold-price-history.h...
227bhp said:
I don't think you can have an average can you? It's a rate of increase and the way it's gone in the last 25yrs
People (on PH) poopoo the idea, but apparently it's where to put your money in times of global and financial uncertainty (um, like now).
I dug up an old post on here where years ago some guy asked about it, 'don't bother'! was the general reply. If he had he would have been pretty rich by now.
Link to 30yr charts here: https://goldprice.org/30-year-gold-price-history.h...
Wait until they do a remake of the A team , prices will rocket again .People (on PH) poopoo the idea, but apparently it's where to put your money in times of global and financial uncertainty (um, like now).
I dug up an old post on here where years ago some guy asked about it, 'don't bother'! was the general reply. If he had he would have been pretty rich by now.
Link to 30yr charts here: https://goldprice.org/30-year-gold-price-history.h...
K50 DEL said:
Are those genuine figures..... if so then 
If I'd put $1k in at that time (and I could have done easily) I'd be sitting on >$1bn now!
Here is a bitcoin price chartIf I'd put $1k in at that time (and I could have done easily) I'd be sitting on >$1bn now!
https://www.coindesk.com/price/
It shows the price as far back as 19 July 2010, at $0.06 and then a peak of $4,950.72 on 1 Sep 2017
So ~$1,000 may have been able to buy 16,666 bitcoins that would have peaked at ~$82.5m
Whether it would have been possible to conclude said transactions in the market at those times isn't certain
how about the biggest decrease in value:
the pineapple- bare with me:
"Pineapples are a common fruit these days, something you see cut up in your salad or on sale at the grocery store. However, in the 1700s the fruit's crown-like top and gem-like texture was seen as a symbol of wealth and power.
Originally from South America, pineapples were discovered by Christopher Columbus on one of his voyages to the New World. When he brought them back to Spain, many Europeans -- royalty in particular -- were completely taken by the delicacy. It was a rare, beautiful fruit most people had never encountered before and artists began incorporating pineapples in their work -- whether lavishly depicted in a painting or elegantly carved into wooden furniture.
The pineapple made its way to England in the 17th century and by the 18th century, being seen with one was an instant indicator of wealth -- a single pineapple could cost the equivalent of $8,000 today. In fact, the fruit was so desirable and rare that consumers often rented a pineapple for the night to show off to fellow party-goers."
next time yr looking at a fancy house, see if you can spot how many pineapples are carved into it's stone/woodwork as a note of wealth !
the pineapple- bare with me:
"Pineapples are a common fruit these days, something you see cut up in your salad or on sale at the grocery store. However, in the 1700s the fruit's crown-like top and gem-like texture was seen as a symbol of wealth and power.
Originally from South America, pineapples were discovered by Christopher Columbus on one of his voyages to the New World. When he brought them back to Spain, many Europeans -- royalty in particular -- were completely taken by the delicacy. It was a rare, beautiful fruit most people had never encountered before and artists began incorporating pineapples in their work -- whether lavishly depicted in a painting or elegantly carved into wooden furniture.
The pineapple made its way to England in the 17th century and by the 18th century, being seen with one was an instant indicator of wealth -- a single pineapple could cost the equivalent of $8,000 today. In fact, the fruit was so desirable and rare that consumers often rented a pineapple for the night to show off to fellow party-goers."
next time yr looking at a fancy house, see if you can spot how many pineapples are carved into it's stone/woodwork as a note of wealth !
In the opposite direction we have computer memory.
Forget going back to the 1970's, I recall 4Mb costing around £100.00. 4Gb now costs around £25 so on a price per byte it's around to 1/4000th of what it was.
I'd imagine that the hand-wound rope memory as used on the Apollo missions etc. cost considerably more per byte...
Forget going back to the 1970's, I recall 4Mb costing around £100.00. 4Gb now costs around £25 so on a price per byte it's around to 1/4000th of what it was.
I'd imagine that the hand-wound rope memory as used on the Apollo missions etc. cost considerably more per byte...
austinsmirk said:
how about the biggest decrease in value:
The pineapple made its way to England in the 17th century and by the 18th century, being seen with one was an instant indicator of wealth -- a single pineapple could cost the equivalent of $8,000 today. In fact, the fruit was so desirable and rare that consumers often rented a pineapple for the night to show off to fellow party-goers."
Is that why there is one on the Wimbledon men's trophy? Always wondered about that but never been so bothered as to Google it.The pineapple made its way to England in the 17th century and by the 18th century, being seen with one was an instant indicator of wealth -- a single pineapple could cost the equivalent of $8,000 today. In fact, the fruit was so desirable and rare that consumers often rented a pineapple for the night to show off to fellow party-goers."
K50 DEL said:
Are those genuine figures..... if so then
If I'd put $1k in at that time (and I could have done easily) I'd be sitting on >$1bn now!
Well, I don't know how many people would be able to convert bitcoin in to 'real' money of that order.If I'd put $1k in at that time (and I could have done easily) I'd be sitting on >$1bn now!
Bitcoin generally gets used for online purchases that are set up for bitcoin, so I am not sure there are the likes of purchases such as buying a Supercar or a luxury house with bitcoin (yet).
So having a huge amount of bitcoins, at the moment, only gives you limited purchasing power and limited options in being able to convert some of that in to typical FIAT currency (GBP, USD, EURO etc).
(Somebody will correct me if the above is not true - but that has always been my take on it)
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