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Author Topic: Incredible stories of Bitcoin millionaires  (Read 1764 times)
boumalo (OP)
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August 01, 2016, 05:53:34 PM
 #1

I was looking at https://blockchain.info/address/1Fd8RuZqJNG4v56rPD1v6rgYptwnHeJRWs Stefan Molyneux's bitcoin adress :

Total Received   652.94530317 BTC   

Final Balance   521.24590891 BTC

He accumulated quite a lot of bitcoins through donations, it will eventually buy a lot in a few years and it is incredible. Do you have other stories of people accumulating large amount of bitcoins without investing any fiat ?

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August 01, 2016, 06:49:23 PM
 #2

I was looking at https://blockchain.info/address/1Fd8RuZqJNG4v56rPD1v6rgYptwnHeJRWs Stefan Molyneux's bitcoin adress :

Total Received   652.94530317 BTC   

Final Balance   521.24590891 BTC

He accumulated quite a lot of bitcoins through donations, it will eventually buy a lot in a few years and it is incredible. Do you have other stories of people accumulating large amount of bitcoins without investing any fiat ?
521btc through donations???
and i'm here working to pay my studies.
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August 01, 2016, 08:22:03 PM
 #3

I was looking at https://blockchain.info/address/1Fd8RuZqJNG4v56rPD1v6rgYptwnHeJRWs Stefan Molyneux's bitcoin adress :
Final Balance   521.24590891 BTC

He accumulated quite a lot of bitcoins through donations, it will eventually buy a lot in a few years and it is incredible. Do you have other stories of people accumulating large amount of bitcoins without investing any fiat ?

521 BTC is currently worth about $320,000, and not $1 million.

"without investing any fiat" makes no sense to me because you can trade BTC for fiat at any time.  Stefan Molyneux currently has $320,000 worth of fiat invested in BTC. Where the $320,000 came from makes no difference. He is investing $320,000 in BTC.

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August 01, 2016, 10:01:53 PM
 #4

During Bitcoin's first year people would give away 50 or 100 Bitcoins because it had so little value.

There must be some recipients of those giveaways who still hold their coins. They are not millionaires yet, but if Bitcoin keeps going up in price they will be millionaires in the future without having invested anything.
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August 01, 2016, 10:33:37 PM
 #5

I was looking at https://blockchain.info/address/1Fd8RuZqJNG4v56rPD1v6rgYptwnHeJRWs Stefan Molyneux's bitcoin adress :

Total Received   652.94530317 BTC   

Final Balance   521.24590891 BTC

He accumulated quite a lot of bitcoins through donations, it will eventually buy a lot in a few years and it is incredible. Do you have other stories of people accumulating large amount of bitcoins without investing any fiat ?
521btc through donations???
and i'm here working to pay my studies.

same here. lol

if we can get bitcoin on that amount through donations, then we're gonna rich in the simplest way, but I don't think he got those 521btc from donations. just like odolvlodo said, it's from his investment on fiat:

Quote
Stefan Molyneux currently has $320,000 worth of fiat invested in BTC. Where the $320,000 came from makes no difference. He is investing $320,000 in BTC.

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August 01, 2016, 10:36:41 PM
 #6

521 BTC is currently worth about $320,000, and not $1 million.

In a few years he might be Bitcoin millionaire, either with price increase or donations still comming in. If the 500 BTC really come just from donations, that would be impressive. Or he just using one Bitcoin address only (lol), and bought some Bitcoins.

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August 01, 2016, 10:44:36 PM
 #7


He accumulated quite a lot of bitcoins through donations, it will eventually buy a lot in a few years and it is incredible. Do you have other stories of people accumulating large amount of bitcoins without investing any fiat ?

there's some strange stories about this guy. certain people reckon he's bordering on operating a cult. he's got a thing about all relationships being voluntary, which of course they should be, but he encourages people to cut themselves off from their families. I guess someone like that's gonna have a fervent following and get more contributions than your average sad sack on youtube.
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August 01, 2016, 10:49:43 PM
 #8

521 BTC is currently worth about $320,000, and not $1 million.

"without investing any fiat" makes no sense to me because you can trade BTC for fiat at any time.  Stefan Molyneux currently has $320,000 worth of fiat invested in BTC. Where the $320,000 came from makes no difference. He is investing $320,000 in BTC.

 i think the OP is generally asking if there are stories from holders of ~1500 btc and is only using stefans hoard as a example of someone holding more than average which may become valued at $1m in the future.


i think the OP see's stefans holdings and presumes stefan did not directly put in his own FIAT initially to buy those bitcoins. meaning stefan only received bitcoin as bitcoin, rather than being fiat rich initially to just buy $300k of bitcoin upfront.

put it this way you dont need to have had $1million dollars initially to accumulate gold which one day may be valued as $1m..

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August 01, 2016, 11:12:47 PM
 #9

Does the story about Satoshi Nakamoto holding som one million Bitcoin count. If it does well I think he is probably the biggest Bitcoin millionaire.

I heard another story about this guy who store 1000BTC in a USB and then lost it.  Tongue
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August 01, 2016, 11:15:29 PM
 #10

That is inspiring to us that don't have 1 btc yet  Undecided
So we know that maybe someday if we study and work hard enough in crypto we just might make that much so day.. not!  Cheesy

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August 01, 2016, 11:30:02 PM
 #11

Interesting topic.Looking forward to read more inspiring stories.There may be lots of other bitcoin holders who have more than 100 bitcoins but we dont know about them because they might not be holding all their coins in one single wallet
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August 01, 2016, 11:36:27 PM
 #12

you guys have nothing else to do except gossiping around like women? just live your life and try to be something or someone important your self try to act not just thinking about it.
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August 01, 2016, 11:38:14 PM
 #13

I was looking at https://blockchain.info/address/1Fd8RuZqJNG4v56rPD1v6rgYptwnHeJRWs Stefan Molyneux's bitcoin adress :

Total Received   652.94530317 BTC   

Final Balance   521.24590891 BTC

He accumulated quite a lot of bitcoins through donations, it will eventually buy a lot in a few years and it is incredible. Do you have other stories of people accumulating large amount of bitcoins without investing any fiat ?
Wow this wallet has a huge amount of money, if I have such money I will not need to work in life anymore
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August 01, 2016, 11:46:08 PM
 #14

Those looks like donations from church believers, you may dont know how many bilions the church mooves daily, but i dont know nothing about those person. Its a great ammount of coins, if i have such ammount i wouldnt be working for sure.
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August 02, 2016, 01:19:04 AM
 #15


I heard another story about this guy who store 1000BTC in a USB and then lost it. Tongue
Just saying LOL about it, hahaha I'm will feeling a die if I losing all of my 1000 BTC just caused by a USB. hahaha, this is very funny sentences. Cheesy but how they can lose it,caused by USB or another factor? like losing usb for his storage.

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August 02, 2016, 02:23:12 AM
 #16


I heard another story about this guy who store 1000BTC in a USB and then lost it. Tongue
Just saying LOL about it, hahaha I'm will feeling a die if I losing all of my 1000 BTC just caused by a USB. hahaha, this is very funny sentences. Cheesy but how they can lose it,caused by USB or another factor? like losing usb for his storage.

You would probably do suicide if you lose 1000 BTC  in your USb its either you lost it  or the usb corrupted/reformat. Then it would be the biggest disaster on your life. Thats why  i dont like storing bitcoin in hardwares because the risk  is still there but in online theres a risk also if you got hacked but its  too hard i guess.

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August 02, 2016, 02:26:28 AM
 #17

I was looking at https://blockchain.info/address/1Fd8RuZqJNG4v56rPD1v6rgYptwnHeJRWs Stefan Molyneux's bitcoin adress :

Total Received   652.94530317 BTC   

Final Balance   521.24590891 BTC

He accumulated quite a lot of bitcoins through donations, it will eventually buy a lot in a few years and it is incredible. Do you have other stories of people accumulating large amount of bitcoins without investing any fiat ?

How did he accumulate all that bitcoins thru donations? What kind of service is he running. It has to be something very useful. No can just beg online and be given that much bitcoins.

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August 02, 2016, 03:01:29 AM
 #18

521 BTC is currently worth about $320,000, and not $1 million.

In a few years he might be Bitcoin millionaire, either with price increase or donations still comming in. If the 500 BTC really come just from donations, that would be impressive. Or he just using one Bitcoin address only (lol), and bought some Bitcoins.

Thats not far to achieve if donations are still coming in. Maybe he is wise enough why people keep on donating. Does he has some charity project? Its not ethical also if he keeps on accepting donations without returning it back to help the needy or community.

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August 02, 2016, 03:07:02 AM
 #19

521 BTC is currently worth about $320,000, and not $1 million.

In a few years he might be Bitcoin millionaire, either with price increase or donations still comming in. If the 500 BTC really come just from donations, that would be impressive. Or he just using one Bitcoin address only (lol), and bought some Bitcoins.

Thats not far to achieve if donations are still coming in. Maybe he is wise enough why people keep on donating. Does he has some charity project? Its not ethical also if he keeps on accepting donations without returning it back to help the needy or community.

He would probably reach that amount that he would be a millionaire but the big question is how  did he  do that? on what ways does he accumulate such big amount  thru donations itself. Well no one really knows what he raise but one things for sure thats a big amount could make him  a bitcoin millionaire.

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August 02, 2016, 03:17:02 AM
 #20

man, i dont know what to do with that lot of money.
but if i got it through donations, i'll be happy.

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