KIN blockchain is now #5

Early?Was that early?Do you even know why the price crashed from 38$ to 18$ in 2012? Mr Thiel paid less than 0.03$ per share in 2004! He bought 10.2% of facebook shares which was few millions shares.He dumped it once the company went public!He made 126600% profit,1Billion dollars.He only invested 500k in 2004.After he sold more in other years making 100's of millions dollars.Same as Pantera dumped on us! He crashed the price like Pantera did.They already made their money!!!

Facebook's initial public offering was in May 2012, with a market cap of nearly $100 billion ($38 a share), at which time Thiel sold 16.8 million shares for $638 million.[46] In August 2012, immediately upon the conclusion of the early investor lock out period, Thiel sold almost all of his remaining stake for between $19.27 and $20.69 per share, or $395.8 million, for a total of more than $1 billion.[47] He retained his seat on the board of directors.[48] In 2016 he sold a little under 1 million of his shares for around $100 million. In November 2017 he sold another 160,805 shares for $29 million, putting his holdings in Facebook at 59,913 Class A shares.[49]

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