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Author Topic: People who became wealthy with Bitcoins  (Read 639 times)
SilverandBitcoins (OP)
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January 01, 2014, 11:13:29 PM
 #1

Do you know first-hand, or second, anyone who is wealthy right now because of Bitcoins?  What is their story?  What other ways do you think people can become rich really fast now or in the future?

Cause, I aint proud - BTC: 1DyXSR8nsB56yhTUhR5HMKLzB6UpytiWnK
RealDon
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January 02, 2014, 02:10:52 AM
 #2

Well, you've likely already missed the boat with bitcoins. Try investing in altcoins; some of them can multiply 50x in value in the first week.
probitcoiner
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January 02, 2014, 02:46:30 AM
 #3

Don't think you're (the reader) going to get rich fast on anything as your probably going to get burned. Only invest what you can afford to lose in Bitcoin or any other alt coins
AstralWonder
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January 02, 2014, 03:08:03 AM
 #4

Well, you've likely already missed the boat with bitcoins. Try investing in altcoins; some of them can multiply 50x in value in the first week.
Missed the boat? That's trash talk kid.
SilverandBitcoins (OP)
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January 02, 2014, 03:26:10 AM
 #5

Well, you've likely already missed the boat with bitcoins. Try investing in altcoins; some of them can multiply 50x in value in the first week.
Missed the boat? That's trash talk kid.

Yeeeeeahhhh.  What about the folks talking about BTC going back up over $1,000 huh?  And lots of people talk about the BTC price reaching $10,000.  ....or a million per coin?  Sorry, I'm being very wishful and kidding sort of.   How would you know when a good Alternate coin is being released?  

Cause, I aint proud - BTC: 1DyXSR8nsB56yhTUhR5HMKLzB6UpytiWnK
RealDon
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January 02, 2014, 03:41:17 AM
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Well, you've likely already missed the boat with bitcoins. Try investing in altcoins; some of them can multiply 50x in value in the first week.
Missed the boat? That's trash talk kid.
Considering what the price of bitcoin is today compared to what it was a year ago, most of us here have missed the boat. Now, that doesn't mean bitcoins won't continue to go up in value, but the same $1,500 you're spending on 2 bitcoins today could have bought you 150 bitcoins a year ago.

Well, you've likely already missed the boat with bitcoins. Try investing in altcoins; some of them can multiply 50x in value in the first week.
Missed the boat? That's trash talk kid.

Yeeeeeahhhh.  What about the folks talking about BTC going back up over $1,000 huh?  And lots of people talk about the BTC price reaching $10,000.  ....or a million per coin?  Sorry, I'm being very wishful and kidding sort of.   How would you know when a good Alternate coin is being released?  
A lot of people talk about everything. That just talk though, which doesn't mean much.

BTC could go back down to $250 or it could continue increasing; nobody really knows for sure. You can buy in now and if the price goes to $3k/BTC, you will have quadrupled your money. That's a great return, but still nowhere near what the early adopters made. It is nearly impossible for bitcoin's value to multiply this year like it did last year, because it would require too large a shift in the financial marketplaces.

You can look at the technical aspects of a new coin or delve deep into the promotional strategies. Read the thread, do your due diligence on the creator, and try to see what's happening involving the coin. Are people creating games and services for it? Is there a community for it? Does it seem likely that it will get added to the big exchanges?

Read around and educate yourself. Then invest.
YourNerdyJoe
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January 02, 2014, 04:05:49 AM
 #7

I made 0.25btc from mining doge for less than 2 days, does that count?  Cheesy

What about the folks talking about BTC going back up over $1,000 huh?   
IMO, bitcoin will definitely go back over $1000. Even after it reached 260 before crashing it eventually came back up. It's just a matter of waiting and hoping its not made illegal Grin.
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