Bill Siveter Turns Ipods Into Crypto Treasure As MP3 Player’s Value Surpasses $20,000 – CryptoMode
Bill Siveter says the words “Apple Ipod” are music to his ears today in 2022. The 21-year-old mp3 player model was recently discontinued due to changing tech trends and a drop in demand . But, this technology has and always will be a big part of a Georgia native’s life. Before, it was a way to enjoy non-stop music and now it will change his financial future.
Apple iPod prices will skyrocket in 2022
Bill Siveter has been collecting Ipods since their 1st generation. And now the “Big Williie” is coming to collect his apple craving, as prices have skyrocketed since the music player was discontinued. A single 1st Generation player can fetch over $20,000 (USD).
“I sold all my first-generation iPods and a few others enough for my wife and I to travel all summer long,” Siveter said when selling his collection, according to the Apple fan site, iLounge.
He continued, “The money that’s left after the trip, I’m going to put that (money) into cryptocurrencies.”
Splurge on travel
Siveter owned at least 21 iPod devices. Many of them are the highly sought after first generation. These alone, if in mint condition, could have been listed on auction sites like eBay for $22,000 (USD) or more each. The total value of the lot could have reached nearly half a million dollars.
If not in pristine condition, first-generation iPod players could have reached several thousand. Even the color could have had some influence on the final prices. These estimated values are of course based on current eBay listings as of June 2022.
Of the estimated 6 figures Siveter has earned, he plans to use a small percentage to travel overseas. He will spend time with his wife in Europe, Africa and the Caribbean this summer.
When it comes to travel within the United States, some of the money from that Ipod goes to the American City of Secrets. “The king of iPods” travels to the Nevada capital for at least 2 weeks. And as the saying goes, “what happens in Vegas, stays there”. So fans of Siveter’s story can only imagine what experiences 5 characters can buy. The couple plans to enjoy a stay of at least 1 month in Sin city.
Converting ipods to cryptos
Once the trips are complete, a good portion of the potential half a million dollars will be invested. True to his love for technology, the legendary iPod collector will spend part of his new fund on Cryptocoins.
Bill Siveter told a publication that he would buy a fair amount of Polygon, Ethereum, SHIB and SafeHaven cryptocurrencies.
Each of these cryptocurrencies are currently losing value, which makes their buying and investing opportunity more attractive than before.
However, 3 of these tokens have a lot of news coming which is huge for the crypto world. Their enhanced utility increases inherited value, especially as the US dollar is currently in a speculative recession and war is looming in various countries.
Ethereum will soon launch its “ETH 2.0”, which should increase transaction speed and reduce gas fees. SafeHaven (SHA) recently launched its Atomic SWAP exchange, enhancing cross-chain token swaps. POLY would be the token of choice for META, aka Facebook, for its upcoming NFT gallery and gaming community.
From iPods to millions
If Siveter invests just a quarter of the estimated $420,000 from his iPod collection, his fortune could multiply. If these tokens return to their previous highs, the $105,000 investment could reach up to US$1 million in value depending on its portfolio strategy.
Anyway, one thing is for sure, Bill Siveter’s hobbies in his youth were a real blessing. Now, 20 years later, that passion has become a life-changing asset for the Augusta-Georgia native.
He launched a facebook (@OfficialBillSiveter) and Instagram (@Bill_Siveter) for other Apple Ipods fans. Here, Bill can add photos from his own collection and share others, hoping to sell their nostalgic wares.
And not just for Bill, but for anyone who has an old iPod at home. It might be time to revisit eBay to see what the value of that old mp3 player you thought you could replace in a time when it’s no longer on store shelves is worth.
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