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Author Topic: New rich people thanks to BTC  (Read 38321 times)
donbu7 (OP)
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June 01, 2017, 09:25:08 PM
 #1

I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.

This is the analisis I made:

On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd

On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd

On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd

Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD

That is amazing.

I wonder what are the new rich people doing right know? have they realised that they are rich yet.


BitcoinPanther
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June 01, 2017, 09:48:18 PM
 #2

Definitely they realized that they are now belong to the million dollar club.  But as a bitcoin enthusiast the only millionaire in their eyes, probably, is have million BTC.  Cheesy.  In fact being involved in BTC activities every day makes me forget that my national currency is not Bitcoin but rather Peso, I believe this happen to many of us especially those who have thousands of BTC in their stash.
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June 01, 2017, 09:53:07 PM
 #3

The change is simply amazing but there is much more to come.

It will come to as low as 21btc=1million$ (the supply is 21 million BTC, 1 BTCwill be 50k$) in a few years and it is perfectly possible.

When that happens, bitcoin's marketcap will be as big as APPLE only and i think, there will be even more space for bitcoin to expand because no matter how big it is, APPLE is still a stock. Bitcoin is aiming to replace FIAT, not APPLE  Cool

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moviebuff777
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June 01, 2017, 10:31:37 PM
 #4

I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.

This is the analisis I made:

On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd

On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd

On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd

Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD

That is amazing.

I wonder what are the new rich people doing right know? have they realised that they are rich yet.




Most of the people that have gotten rich from bitcoin are probably the ones that got in very early like early 2013 or before. The rest of us are trying to catch up.

 
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Lancusters
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June 01, 2017, 10:51:30 PM
 #5

Probably we already will not see such sharp height of price on биткoин as in 2013. To become a millionaire very temptingly, but what then. I am afraid that in one day a price can fall down and all who was a millionaire will become poor. you present as it awfully. Better always to be in the middle.
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June 01, 2017, 10:55:57 PM
 #6

I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.

This is the analisis I made:

On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd

On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd

On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd

Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD

That is amazing.

I wonder what are the new rich people doing right know? have they realised that they are rich yet.





Many of them were already millionaries, they are just keeping their wealth safe in case fiat currencies plummet or an economic crisis takes place.
Harry Callahan
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June 01, 2017, 11:25:23 PM
 #7

It is really cool to see how the price evolved over time and that keeps on going up and there might be a time when holding a dozen bitcoin could land you in the millionaire club,anything is possible with bitcoin and lets hope the trend keeps on rising and hope to see more millionaires being created.
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June 01, 2017, 11:50:40 PM
 #8

Unfortunately, I entered this exciting bitcoin world quite late and by now it is not so easy to purchase as many bitcoins as it was at the beginning.

However I am hoping that we are still at the beginning of this new era and bitcoin still has a lot to grow, so I will continue to accumulate the few bitcoins I can save while the price is still relatively accesible, even though perhaps only early adopters will have an enviable wealth that I will never be able to reach.
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June 02, 2017, 12:10:59 AM
 #9

I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.

This is the analisis I made:

On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd

On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd

On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd

Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD

That is amazing.

I wonder what are the new rich people doing right know? have they realised that they are rich yet.




I didn't realize that, thanks for that information.

Bitcoin is getting a lot of users lately because of the price and the way we can use these digital currency. The demand is getting higher resulting to a price pump making more and more people attracted. We just hope these price continue because we all know that these august there will be some problems, lets hope the price don't get affected.

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June 02, 2017, 12:12:38 AM
 #10

I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.

This is the analisis I made:

On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd

On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd

On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd

Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD

That is amazing.

I wonder what are the new rich people doing right know? have they realised that they are rich yet.



yeah, that's crazy, I'm pretty sure bitcoin has made tons of millionaires over the last decade. It's really cool to know that, though it would be even cooler if I bought bitcoins while it still was cheap. Right now I'm feeling like I have already missed the train, so I'm waiting for a big dump to possibly buy bitcoins then. To be honest I don't even care about getting rich with bitcoins, I really like the technology and as bitcoin is growing, I'm fine with it even without having it.

 
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June 02, 2017, 12:25:02 AM
 #11

I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.

This is the analisis I made:

On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd

On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd

On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd

Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD

That is amazing.

I wonder what are the new rich people doing right know? have they realised that they are rich yet.



Here in my country you will only need 10btc to be a millionaire.,yes you heard it right only 10 btc.
So far i have 2 btc and i need 8 more btc to become a millionaire.

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June 02, 2017, 01:53:27 AM
 #12

Yeah this is all thanks to the ever increasing bitcoin price over the past few years. Even the guys who bought in at the 2013 all time high made a decent profit of over double their money if they sold at the all time high that was set this time. It's been a great ride for everyone.

However I don't think that it's in the community best interests to promote bitcoin as almost a sort of a get rich quick scheme. Btc goes up but down too.
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June 02, 2017, 01:58:44 AM
 #13

The rich people are likely to have cashed the coins out and placed their money in fiat so they can purchase something really fast instead of waiting for their transaction to confirm. Plus the people that may have gotten rich from Bitcoins may have cashed their money out because they think Bitcoin is done already.

 
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June 02, 2017, 02:07:56 AM
 #14

...

As they are forced to say on TV investment ads:

"Past performance is no guarantee of future results."

For me to get rich (not comfortable, RICH), I would need to see BTC go to $200,000 or more.

But, I'll settle for $10,000...   Smiley


EDIT: But what about all those poor folks who LOST oodles of BTC years ago?  Doh!
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June 02, 2017, 02:10:45 AM
 #15

These rich bitcoin holders are probably just holding their coins hoping to be richer in the future when the price increases. To say the truth 1 million of dollars is nothing nowadays to have a real rich life.
To live well they need to continue holding until bitcoin increases more its price and making investments meanwhile.

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June 02, 2017, 02:15:14 AM
 #16

I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.

This is the analisis I made:

On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd

On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd

On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd

Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD

That is amazing.

I wonder what are the new rich people doing right know? have they realised that they are rich yet.



Bitcoin hunters who have long plunged into the bitcoin world become very rich but do not even realize it does not recognize their wealth because of dissatisfaction, and it is our duty to fight to follow their footsteps without knowing for sure what will make us stop and return. When Wealth has dominated our lives.


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June 02, 2017, 02:18:00 AM
 #17

These rich bitcoin holders are probably just holding their coins hoping to be richer in the future when the price increases. To say the truth 1 million of dollars is nothing nowadays to have a real rich life.
To live well they need to continue holding until bitcoin increases more its price and making investments meanwhile.
I agree with this sentiment. If you're 30 and hold a million right now, it just isn't enough to lead a real rich life.  Once you factor inflation in the coming years, being able to live longer due to better medicine, you would need more like 5-10 million at least.
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June 02, 2017, 02:20:39 AM
 #18

These rich bitcoin holders are probably just holding their coins hoping to be richer in the future when the price increases. To say the truth 1 million of dollars is nothing nowadays to have a real rich life.
To live well they need to continue holding until bitcoin increases more its price and making investments meanwhile.
I agree with this sentiment. If you're 30 and hold a million right now, it just isn't enough to lead a real rich life.  Once you factor inflation in the coming years, being able to live longer due to better medicine, you would need more like 5-10 million at least.

And there networth may not be included in the richest people because most of the assets they have are hidden in wallets. Probably these people are also generating there own team to also make there own project. Because technically the bitcoin era has just started to be recognize all over the world. today is still not late to build your own empire over the world wide web right?.
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June 02, 2017, 02:21:28 AM
 #19

The rich people are likely to have cashed the coins out and placed their money in fiat so they can purchase something really fast instead of waiting for their transaction to confirm. Plus the people that may have gotten rich from Bitcoins may have cashed their money out because they think Bitcoin is done already.

No one can tell accurately what will be future is like so it all depends on the individual how they manage their investments and funds. I too had invested some money when prices were around 200+. Now I can't say already become a rich but I have booked some profit and rest of them keep it for longer term thinking that bitcoins have still potential to give a good profit. But surely who ever owning bitcoins from early 2000 would have been a very rich by now. I'm also started to invest in some good altcoins by thinking in future those coins may give better results than bitcoins.
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June 02, 2017, 02:33:36 AM
 #20

I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.

This is the analisis I made:

On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd

On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd

On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd

Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD

That is amazing.

I wonder what are the new rich people doing right know? have they realised that they are rich yet.




Most of the people that have gotten rich from bitcoin are probably the ones that got in very early like early 2013 or before. The rest of us are trying to catch up.
I think rich people are now richer because of bitcoin they able to buy whole bitcoin as an investment but for those people who have no money to invest are now still working hard to get more bitcoin and dreaming to be rich like others here. No one expect that this digital currency will be a way to be rich us. It is Gods will.
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