Which coins have created millionaires?

[Bizmark13]

OK, so we all know that a whole bunch of people became millionaires from hodling their bitcoins. Litecoin prices jumped from $0.07 to $48 in the space of less than a year, so it's highly likely that there would have been a couple of millionaires created from LTC too. We also know that those who had invested over 0.2 BTC in the NXT IPO also became millionaires after a couple of weeks/months.

Have there been any other coins which made their early investors extremely wealthy since then?

[Brilliantrocket]

Bitcoin and Litecoin mainly. Possibly some of the others that temporarily achieved high values, such as Auroracoin. Maybe Darkcoin, as it had a 60+ million market cap.

[blade87]

I doubt very many, BTC and LTC included, unless the owners happened to go into a coma and not wake up until their BTC and LTC were trading at their peaks. It's hard to not sell out early when you're active in the market. Though everything I sold "way early" is now actually a good bit less... (Like my average sell of LTC at $12 or $48 peak and today it is trading at $5)

[kelsey]

I doubt very many, BTC and LTC included, unless the owners happened to go into a coma and not wake up until their BTC and LTC were trading at their peaks.

I think history would show most the richest in btc/ltc are those who believe in cryptocurrency and aren't in it for the fiat (and funnily enough there are many of us).

[Bizmark13]

I doubt very many, BTC and LTC included, unless the owners happened to go into a coma and not wake up until their BTC and LTC were trading at their peaks.

I think history would show most the richest in btc/ltc are those who believe in cryptocurrency and aren't in it for the fiat (and funnily enough there are many of us).

True, but I think there is a point where any additional wealth would have little benefit to one's lifestyle and finances and this combined with the inherent risk that cryptocurrencies have (e.g. recently demonstrated by Litecoin's plunge from $48 to $5), would make it the rational choice for even the most hardcore crypto believer to convert some back into fiat.

For example, if you had $5 million, would your quality of life really change if you had another $1 million? Someone who invested the full amount of 1 BTC in the NXT IPO back in November 2013 would have been sitting on a NXT stash worth $5 million during its peak. In this case, wouldn't you have converted, say $1 million of that to fiat if you could?

It's a known fact that the creator of Litecoin, coblee, sold much of his stash when it was still worth cents:

Thanks! Unfortunately, I don't have that many litecoins. I sold most of them at $0.20 because I thought they were overpriced then. Tells you what I know.

Link: http://www.reddit.com/r/litecoin/comments/1rl63z/from_the_bottom_of_my_heart_thank_you_coblee/

[Malin Keshar]

Even Doge may have created millionaires, if there are people luck enough  to start mining and hoarding since its inception, and that sold them at the peak of 290 satoshis. I remember Doge as 3th biggest crypto market cap in the top of the bubble.

[robhimself]

Lots of devs became millionaires from pump and dump shitcoins!

[kelsey]

It's a known fact that the creator of Litecoin, coblee, sold much of his stash when it was still worth cents:

Thanks! Unfortunately, I don't have that many litecoins. I sold most of them at $0.20 because I thought they were overpriced then. Tells you what I know.

Link: http://www.reddit.com/r/litecoin/comments/1rl63z/from_the_bottom_of_my_heart_thank_you_coblee/

though i'd say coblee's definition of 'many' and the average users' definition may differ greatly