Bitcoin Forum

Do you know anybody , your friends,cousins who were early adopters and got millionaire rich of the 2013 bitcoin bubble..

What toys have they bought? sports cars or what?

Okay if you yourself is an early adopter and a millionaire, share  some things abut how your life is changed now and what things have you bought and how you enjoy your life?

I've not seen a wild one but a few on TV  :D. I suspect there are plenty of bitcoin millionaire on this actual forum though.

I'd like to look at one in the mirror some day.  But I'm here for the free coffee.

1. 2013 was not a bubble (I'm considering Willy report too). It'll be proved in the long run.

2. Millionaires dont always spend to show off. Some of them believe in Warren Buffet - "Spend only when your savings is done".

Smart millionaires keep their mouths shut and their purchases private. If I hear someone bragging about money, it is typically because they wish they were rich. IMHO.

Not all the time. Some people just overcompensate and think that money = success and they need to let everyone know how "successful" they are, but a lot of people also do brag about money they don't have for this exact reason.

i am not a bitcoin millionaire but i enjoyed a nice 2 month vacation in japan this year from bitcoin :)

and thanks to the past few months, i'm almost done accumulating the amount of BTC i held before selling in december 2013.

+1
also there is no such thing as a bitcoin millionaire. no one holds 1 million bitcoins

if you mean fiat millionaires.. there a MANY

convert less then 300 bitcoins into chinese yuan and your a FIAT millionaire

its not a big deal..... moving on

You're also forgetting the fact that many wouldn't because it would immediately make them a target.

I met a couple really big bitcoin millionaires and they were cool, they were normal people. You probably couldn't tell they were millionaires to be honest. One guy told me, he said he still goes to work every day at the same job he just treats it as a hobby and doesn't get too stressed out.

those that brag about their riches are usually naive people that are not used to being wealthy. and usually find in 20 years time their riches would have evaporated..

thos smart enough to have always been wealthy and increase their wealth would not brag about it, nor tell anyone how to also bcome wealthy (avoid future competition), plus as lethn said avoid unwanted attention from scammers.

i have seen too many polls asking for how much people have and what client programs they us etc, all part of th schme for people to target the rich. so dont pretend it doesnt happen.

people like warren buffet will tell people not to buy things, so that he can buy cheaply without competition. then when h is ready to sell, he will tell people to buy so that he can sell without causing a price drop.

you will find the rich and wealthy people tell you the opposite to what you want to hear.

That's a good way to handle it I think. I'd like to think I'd do something similar, but I would like to travel a lot though. Some people go crazy when they come into money quickly and it goes straight to their head. I find it really obnoxious when people brag about their wealth. Meekness is such a virtue with wealth.

Nobody currently hold one million Bitcoins. Anyway, I've met a Fiat millionaire, but not a Bitcoin millionaire. I think they'd want to stay hidden for security reasons.

I think they'll be living like average civilians, so they won't spend all of their wealth.

no, no i have not..
sorry.

My daughter.  She got me into bitcoin mining in early 2011.  We made a lot of money together.  I paid off her student loans with it.  I bought a snowblower with bitcoins. Otherwise we are just holding out for the second million dollars.

I also paid a lot of taxes on the coins I sold for dollars.

I wish I could remember the name but their is a documentary about lottery winners and how most of them end up being poorer than they started off with.

I think most richer people in the community just feel lucky to be able to do whatever they want now, like build bitcoin applications ;) Yes we all want the ferrari, luxury boat and the super model girlfriend (I am still working all three) but in life what is that give you, 3 seconds of pleasure maybe.

I thought Satoshi might have over a million? And everybody knows being a bitcoin millionaire means holding a million fiat value in coins. And why would a bitcoin millionaire what to stay hidden any more than a fiat millionaire?

Go to the conferences. You'll meet them there. :-)

I'm not a bitcoin millionaire, got in too late, but its always fun to tell people the (true) story that I was able to buy my new range rover with my Litecoin profits (when it hit $50ish).

-B-

You made a million and all you did was pay off student loans and buy a snowblower?  :D

Just read their stories on Reddit. It's kinda thrilling.

I suspect those are mostly fantasists.

What reddit are these on? The bitcoin one?

I paid taxes because all my money goes through my American bank account.  I don't want to go to jail.

Why would you go to jail? You couldve just kep the money in btc and not had to pay any taxes.

I'm sure he would not want me to say his name. But I can think of someone who's mine I have visited. At the time BTC were maybe a few bucks, and he was holding something like 30,000BTC. I think he now lives in a secret compound on the moon.
I guess a true BTC millionaire would have a million bitcoins. I don't know anyone like that.

You're probably more likely to meet one here than in real life.

Hello my name is Richard and i'm not a millionaire.Thank god!

Let's assume that the person got rich from Bitcoin, having previously lived a modest lifestyle. People would surely start to notice the new car, house, whatever. Would take a lifetime to launder otherwise, literally.

The student loans need to be paid off in dollars.

And because I think you need to hear this, PAY YOUR TAXES! Mr. Tea

That's harsh. Are you suggesting that Mr Tea doesn't pay his taxes generally, or capital gains (or similar)?

It depends on which county Mr Tea is in, and how much money he is talking - there may be no tax.

I made this site where you can check if you're a bitcoin millionaire yet or not. It'll help you to find out whether the person in the mirror is a BTC millionaire! http://www.amiabitcoinmillionaireyet.com/ (http://www.amiabitcoinmillionaireyet.com/)

No millionaire here, but I bought 500 BTC with a cost basis of just over $12K. I sold 90 at $900 and used the proceeds to buy a 2014 Corvette. The balance I  am holding because I have a $50K price target within 10 years. BTC will really take off after the collapse of the international monetary system. This collapse is almost inevitable at this point.

The catalyst for this collapse is the Fed's efforts to devalue the dollar. BTC has many advantages over gold and it is such a thinly traded market that enormous price increases will result. So I am either going to be worth $20MM or worst case I got a corvette for $12,000.

Haha, very simple but amusing website. Debatable too as many people consider a Bitcoin Millionaire as holding 1 million BTC, rather than 1 million local currency in BTC :P

Bitcoin secures anonymity. Some people break the barriers, and 'steal' coins. Late 2011 is a example, when thieves took off with a lump sum of coins. If a idiot is stupid enough to move a lot of coins at once, on a online wallet, you can't get those back. And don't expect the police to help you, like they'd do to a fiat millionaire.

And no, it depends on how you word it. Saying 'Bitcoin millionaire' means 'Bitcoin millionaire'. Would you say 'Peso millionaire', or 'Dung millionaire' and mean USD, GBP, or a Euro?

Hi Richard. Ready for take off?  ;)

264 coins makes people a fiat millionaire....

... not exciting

I wish upon a star, 264 coins to just appear in my wallet.  :) One day. One day

hope you get it like right now :D

This is a light bulb moment...now i can figure out why warren buffet said not to buy bitcoins...

One of my good friends from my office (who got me into BTC) probably has pretty close to a mill in the USD equiv of BTC.   He was introduced to BTC by his brother in law Roger Ver...who obviously has more than a mill worth of BTC.  My buddy doesn't really ever talk about how many BTC he has  though...

It is very different going from not having enough money to consistently eat and being a paycheque away from being unable to afford rent to having 7-figure fiat balances, and almost all your day to day life problems more or less solved almost overnight.  Absolutely surreal.  And for those reading this thread: the price peaked > ~4096$usd/btc at kraken.  That means a lot of people were, at least momentarily, millionaires, and if they sold...could have bought in again at 350$ and be doing quite well for themselves.  I quit my shitty job and haven't looked back, and now don't really fit in with working people(they have shop to talk about...I just don't), don't really fit in with wealthy people(I really don't give a flying fuck about status symbols and would be perfectly fine eating KD with weiners every day), don't really fit in with retired people(I'm too young to really have much in common with them)...

You have to specify the currency then - Euros, dollars, Yuan, Yen, pounds, Zimbabwean dollars etc.  

e.g. One million Yen is about $10,000 today, iirc.

...sort of.  If there are any canadians reading this know you can pay off your student loan balance with bitcoin via bylls.com

I am already a millionaire thanks to Bitcoin, the world just hasn't figured it out yet. The same could be true for you, dear friends, if you simply HODL long enough.

Let's see... Goat bought a yellow lambo, Rpietila bought a castle and is opening up a hotel, and some other guy bought a villa in southeast asia somewhere.  Oh, can't forget about that guy bought the pizza for 10,000 btcs. 

Poor bastard.

Mirror, mirror, on the wall... Who has $1.6M USD via BTC?

You did, Sire, till davout stole them from you via his InstaWallet "hack", and what are you planning on doing with that hamm...

It must have at least been an honor.

Unfortunately, Laszlo Hanyecz, the Floridan programmer who bought the pizzas for BTC10,000 admitted in this forum a few months ago that he don't have any more BTCs in his wallet. He spent all of them in 2011.  >:(

No I don't know any bitcoin millionaires personally but I did watch a documentary on tv who showed several ppl who bought bitcoins at a very early stage and turned millionaires when the price hit sky high.

The documentary also showed how some ppl who bought and saved a lot of coins but lost their keys/wallets and lost millions of dollars worth bitcoins,

I have never seen one in person at least that is what I am led to believe
However one cannot be absolutely certain  ;D

It is probably not a good idea to advertise the fact that you have a million dollars (worth of bitcoin or in cash/in the bank).

Doing so would make yourself a target for hackers.

To answer the OPs original question, yes I have an acquaintance who is a bitcoin millionaire, he still lives a very modest lifestyle.

Quite the contrary. At the time, it was a good deal and it bought the BTC community a lot of physical world publiscity. BTC would not be as widely known today if it wasn't for that infamous pizza purchase.

Has anyone done a follow up article on the shop that accepted the coins? 10KBTC @ $500 now that's a story!

It was not a shop that accepted the coins it was a person on these forums that traded the coins and called the pizza shop and gave them his credit card number.

I think he was actually in England when he called but I may be mistaken about this.

i wonder when we will hear of our first kidnapping for ransom (for bitcoins). it would make releasing your victim a lot easier, since you don't need to be in-person to make the bitcoin exchange.

Warren Buffet - the original Trollbox.  I don't trust anything coming out of that 2-faced lying weasel's mouth.

I was a millionaire... until I bought this damn pizza.

Even if i would be milionare i'd try to hide it, it's called fear of your own safety and safety of your surroundings.

The problem in being a $Fiat millionaire w/ Bitcoin is you are indistinguishable from all the 'paper millionaires' these days.  Any boozoo these days can get a leased BMW from the bank and people can max out their mortgages to get a McMansion.   Who are you going to impress if the Jones' will take debt to look wealthier than you and Bob down the street is none the wiser?

No, I have not.

I think most of the Casino owner are millionaire , they all bought bitcoin from a low price and then developed bitcoin casino now .

Nope, not even seen a Bitcoin user personally.

not yet, but how can one know ?

You need 1795BTC to be a Bitcoin millionnaire if it means holding 1,000,000USD in bitcoins
At the ATH you needed 833BTC

I have never conscientiously met a Bitcoin millionaire yet

I've personally seen how it changed a normal guy who had average wage into an absolute dick hole after he got mega  rich from bitcoin.
funny thing is that he's lost ALOT of it.. its like when people win lottery. they have no budget/self control so they tend to lose it all.
this dick hole thought his $$ would buy him friends and hot girls... he has 0 friends still and has to pay to get laid... quite comical if u ask me :)

the funniest thing is he showed pics of the girl he paid to fuck and she was like  5 outa 10... but hey.. he's happy.. so  thats all that matters.

He may better himself, let's hope he does and that the bitcoins he has left will raise tremendously in value ;D

Money got easily if you didn't struggle or learn how to deal with money will often be spent stupidly

i see a former bitcoin milionare everytime i look in the mirror :)
ok, it was worth just a few thousands back in the day, but now..
weak hand, sadly :( , also happened to me with litecoin, but i just couldnt risk it, had to liquidate

I bet you still have enough to become a fiat millionnaire if things go as expected  ;)

sell your satoshi dust for Zimbabwe dollars and your a fiat millionaire

I personally read one of them here http://www.reddit.com/r/Bitcoin/comments/1bhhjg/any_bitcoin_millionaires_here_on_reddit_if_so/

The article is interesting : "throwaway-69857457 has in part motivated me to chime in. I'm also probably what others would call an early adopter. I bought the bulk of my coins when they were still a few cents each."

but it doesn't validate as "seen" though  ;)


I bet you still have enough to become a USD fiat millionnaire if things go as expected  ;)

I can buy a Happy Meal with my 1 000 000 Zimbabwean $ coins.  ;D

Getting there 1 satoshi at a time.

 I wonder why some people just keep sitting on their hands after s.o. conned 'em out of $1.6M?

Those millionaire who won from gamble or lottery will always end up in nothing .

When it come too fast it goes fast as well they just cant hold it yet .

Meh that's a platitude I think. There's a bell curve of financial savvy, which probably correlates strongly with IQ. The means a person used to get rich has nothing to do with their ability to stay rich.

No you won't because losing 1.6m and being frustrated doesn't justify to kill an other human being, to go to jail and suffer way more

  Sure?

not yet
but soon i will one  in the mirror :D

What's your limit to kill? 1m? 500k? 500$?

  You need to get rid of sb?
  Check this: https://assmkedzgorodn7o.tor2web.blutmagie.de/

im going to be one day.

You are saying you would kill someone that steals 1.6m$ from you; I am saying it is stupid and would you kill someone that steal 1m$ from you? What about 500k$? 100k$? 500$ maybe?

   Get a life!

I wish I could :) And I return the compliment..

I was genuinely interested by your answer

We are all going to be one maybe if we wait patiently
The market will work in our favour someday
To the moon ^_^

I did not see a millionaire with my eyes :D well if i became millionaire then i will se my self .. :D i just see a bitcoin millionaire in tv and some on internet and some on blockchain with 1000 btcs.. oh man they did not giveaway some .. :D

those who know don't tell, those who tell don't know

With that said yes My fathers Boss's son is a bitcoin millionaire who invested in 2011





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I'am billionaire because friends, family, work... now talking about money.. I always see myself as medium class, not too much to center not too much to the border either ...

Now you wish you invested as well :D

I know somebody that hodls does that count?