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Author Topic: New rich people thanks to BTC  (Read 38267 times)
HatakeKakashi
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June 02, 2017, 10:41:09 PM
 #61

For sure many people as of now are instant millionaire because they bought bitcoin when the price is very cheap. And if they sell it today they have millions of dollras or they are rich. Everyyear you need only less bitcoin to beclne rich and for sure next year you need only 500 bitcoin to have 1 million dollars . Before you need thousands of bitcoin to become rich but as of now wow! You need only hundres of bitcoin only.

 
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June 02, 2017, 10:52:30 PM
 #62

For sure many people as of now are instant millionaire because they bought bitcoin when the price is very cheap. And if they sell it today they have millions of dollras or they are rich. Everyyear you need only less bitcoin to beclne rich and for sure next year you need only 500 bitcoin to have 1 million dollars . Before you need thousands of bitcoin to become rich but as of now wow! You need only hundres of bitcoin only.

Bitcoin, eth, some other coins went from almost nothing to some serious price. I always think about how much can someone invest in some coin, from internet I know a guy that spent hundreds on eth when price was under 1 dollar, he is millionaire now probably, but he was rich with bitcoins also. In my country there is a saying, money follow the money, bitcoin made richer many rich people, but some people that followed also have benefit from crypto currencies.

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June 03, 2017, 06:50:34 AM
 #63

By 2020 January you might need only one bitcoin to become a USD millionaire. Yes, bitcoin has already started its travel toward moon and hence we can expect prices to reach in millions in very quick time itself. I guess before next halving we may have bitcoin prices into millions.
Praying that this is going to happen by that time but I guess 2020 is still and quite early for a single bitcoin to have value like that. Maybe $10,000-$50,000 is possible by that time. And maybe even I'm holding hundred bitcoins by that time, I will be one of the millionaire club. And for sure those early bitcoin millionaires are just enjoying today.
The price of bitcoin is increasing very faster and I am also sure that the price of bitcoin will reach to a value in the 2020 that people will have a smaller amount of bitcoin and they will be millionaire and will have everything of their life.

Those years to come are going to be exciting. The supply on 2020 will become lesser and for sure the price of bitcoin will be higher when it comes. I can't wait to make my parents proud to me when I am now belong to the millionaire club and it's all because of bitcoin. And I will mostly enjoy my life and deal with businesses by that time.



 

 

 

 

 

 


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June 03, 2017, 07:53:59 AM
 #64

For sure many people as of now are instant millionaire because they bought bitcoin when the price is very cheap. And if they sell it today they have millions of dollras or they are rich. Everyyear you need only less bitcoin to beclne rich and for sure next year you need only 500 bitcoin to have 1 million dollars . Before you need thousands of bitcoin to become rich but as of now wow! You need only hundres of bitcoin only.

Bitcoin, eth, some other coins went from almost nothing to some serious price. I always think about how much can someone invest in some coin, from internet I know a guy that spent hundreds on eth when price was under 1 dollar, he is millionaire now probably, but he was rich with bitcoins also. In my country there is a saying, money follow the money, bitcoin made richer many rich people, but some people that followed also have benefit from crypto currencies.

My goal is to be rich in crypto currency and not only because of bitcoin because I believe altcoins is a good investment as well, the price are still cheap now and developer are continually making new ideas that will help improve more the entire market. I cannot help myself but invest in ICO and I have made great profits in investing, so therefore I conclude that we should diversify our investment and not only in bitcoin alone.

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June 03, 2017, 09:40:59 AM
 #65

The key point to become rich with Bitcoin is just by simply holding it until you have a profit. I still can't believe that Bitcoin was just below 10$ in 2010 and for those who believe with Bitcoin ever since are enjoying the fruits now. The question right now is with its current price at 2490$ will another unbelievable increase happen 6-8 years from now? Its a major decision to sit tight in this kind of price range as we are taking a bigger risk compared to when it was price below 10$.

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June 03, 2017, 09:42:53 AM
 #66

Uhuh...
Seen like this you really want to hold your one and only BTC right? :p

Don't know if the trend will continue... But if every year you need half the number of btc last year... Then I'm really happy I bought BTC when I was young!
Though it might go a bit less quickly in the future.
Growth of btc isn't stable and I wouldn't bet anything that price will continue to grow at this speed.

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June 03, 2017, 09:49:34 AM
 #67

Wow. But here on our country, you don't need that big amount of bitcoin to be a millionaire here. You only need 10 btc. Yea, it's only 10 Btc and you can be in a millionaire's club. Hopefully, I can be a millionaire and I can feel it soon. Through Perseverance and Hardwork, I could achieve that.

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June 03, 2017, 09:53:03 AM
 #68

The key point to become rich with Bitcoin is just by simply holding it until you have a profit. I still can't believe that Bitcoin was just below 10$ in 2010 and for those who believe with Bitcoin ever since are enjoying the fruits now. The question right now is with its current price at 2490$ will another unbelievable increase happen 6-8 years from now? Its a major decision to sit tight in this kind of price range as we are taking a bigger risk compared to when it was price below 10$.

I'm sure those "rich" people now because of holding on to their bitcoin since 2010 is rich now because they hold on to the bitcoin they had a couple of years back. So I'm sure if we did the same thing too, then a few years from now we'd also be richer than we will be by then.
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June 03, 2017, 11:01:39 AM
 #69

New rich people thanks to bitcoin because they already know what bitcoin or cryptocurrency how changed there life and how they earn a huge amount of money. They know how it works for them and don't underestimate the power of btc world. Now, as much as you can afford to buy an account in btc just go buy it.
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June 03, 2017, 11:44:18 AM
 #70

New rich people thanks to bitcoin because they already know what bitcoin or cryptocurrency how changed there life and how they earn a huge amount of money. They know how it works for them and don't underestimate the power of btc world. Now, as much as you can afford to buy an account in btc just go buy it.

The thingd you mentioned most of the people in the forum knows that bitcoin is having these potential. Actual thing missed is they implemented the bitcoin and block chain technology in the business and making money out of easily. buying is also best way make profit but you implement bitcoin payment as mode for your business or in any other way. This will make you also a rich guy.
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June 03, 2017, 12:23:29 PM
 #71

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.



Well, I don't know how did you made that analization but having at least 100btc now can be considered for me as millionaire, but I know there more traders who had more than that amount of bitcoins. And bitcoin also can really make you a millionaire if you will only find out seriously what it is.
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June 03, 2017, 03:32:19 PM
 #72

I would have been rich by now if I would have not sold around 200 BTC which I had in 2011 Sad
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June 03, 2017, 04:09:45 PM
 #73

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.




Nice calculations but I must say you could have made it much easier if directly taken price of bitcoin and measures increase in terms of percentage  Tongue
Well now coming to topic. Most of the investors in bitcoin are short term or those who regularly buy/sell bitcoin to make short hand profits. This population constitute of around 85-90% of bitcoin investors. So it is hard to believe everyone using bitcoins from 2014-15 onwards are rich by now. But yeah we can see many examples turning millionaire from bitcoin and could see more in future as bitcoin sky is not limit yet.
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June 03, 2017, 04:38:18 PM
 #74

Yes they become rich thanks to bitcoin.  I am really so envious right now with regrets.  I know its wrong but I am really feeling it right now.  I wish I knew this bitcoin thing before.  And even when I knew it I just don't focus on it because I am not aware of its value and its value up to now.  All the millionaires where those people who have bitcoins since the beginning and we are trying to just be like them.
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June 03, 2017, 04:42:46 PM
 #75

Honestly i am still not rich in bitcoin maybe someday if i collected more bitcoin if i started a bitcoin business hoping that it will happen in the future.. so that i can collect more bitcoin and save for future price increase..
Well you are good in calculation since in the past few years we are seen the price is really increase too much that i didn't expected that the price can be touch in that value.. ..

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June 03, 2017, 04:45:08 PM
 #76

Early adoption era is over, you will need to be a millionaire already to be able to buy significant number of bitcoins.
Our only hope that  during next 30 years price of 1 BTC would grow exponentially and reach crazy high value.
So maybe people who joined the train late would become millionaires too. Wink
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June 03, 2017, 04:55:25 PM
 #77

There will be more coming soon  Cool. Nobody can't stop this happen  Wink Gratz for them.

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June 03, 2017, 05:03:21 PM
 #78

I would have been rich by now if I would have not sold around 200 BTC which I had in 2011 Sad
People who got in early were foreseeing enough to realize Bitcoin's power. They became rich and we don't same them.
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June 03, 2017, 05:12:59 PM
 #79

Honestly i am still not rich in bitcoin maybe someday if i collected more bitcoin if i started a bitcoin business hoping that it will happen in the future.. so that i can collect more bitcoin and save for future price increase..
Well you are good in calculation since in the past few years we are seen the price is really increase too much that i didn't expected that the price can be touch in that value.. ..

Am certain that if you invest in bitcoin mining and other bitcoin investment and maybe trading you can eventually also become rich with bitcoins.time and money that's all its going to take.

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June 03, 2017, 05:24:22 PM
 #80

They definitely realized that they become rich with bitcoin. Now is their time to enjoy the result of trusting bitcoin early on. For us, it's already difficult to accumulate bitcoin by buying so the best shot is to search the next 'bitcoin' in alt.

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Ethernity CLOUD
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