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Author Topic: New rich people thanks to BTC  (Read 38267 times)
Omega Weapon
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August 06, 2017, 02:56:47 AM
 #521

I know it's good to hear some average people get rich but if more and more people found about this then possibly they will leave their jobs and focus only on bitcoin. The downside effect is most people will no longer work and rely only on bitcoin. I hope this wouldn't affect other industries because everything isn't about bitcoin.
Do not worry there is not going to be enough people willing to take the chance and even if there were that does not necessarily mean they are going to be able to achieve their goals, I have seen legendary members claiming they have never owned a full bitcoin, if someone that has been around for so long say that what are the hopes for a newbie.
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August 08, 2017, 09:53:12 AM
 #522

When we hear stories about people who bought BTC in 2010, we all have a feeling that we missed it. My personal opinion is that as for now we shouldn’t concentrate on putting ourselves in the same scenario as those people. It’s not really a wise move, more a blind one (I mean to buy Bitcoins now and wait for the price to increase within 5-10 years). Although I still believe that Bitcoin price will continue skyrocketing.
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August 08, 2017, 09:57:59 AM
 #523

awasome ! it is a good analysis and a good investment for who have got btc more than ~400  but we do not have that bitcoin balance yet: D but maybe one day? - ı hope Cheesy
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August 08, 2017, 10:08:02 AM
 #524

When we hear stories about people who bought BTC in 2010, we all have a feeling that we missed it.

Yeah we are feeling this way or regretting that we haven't knew bitcoin before it's early days.

My personal opinion is that as for now we shouldn’t concentrate on putting ourselves in the same scenario as those people.

As we had to work for ourselves and chase up the potential bitcoins that we had to collect.

It’s not really a wise move, more a blind one (I mean to buy Bitcoins now and wait for the price to increase within 5-10 years).

It is still a wise move, buying today for example at $3,400 after 5-10 years it will be $10,000 so profit is still there.

Although I still believe that Bitcoin price will continue skyrocketing.

It will continue.



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Rainbot
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August 08, 2017, 10:11:17 AM
 #525

I envy those who took a chance and joined the bitcoin in the very beginning. Now they are already rich enough and they do not need to go to work, because they opened their own business.

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August 08, 2017, 10:14:38 AM
 #526

I think that Bitcoin is probably one of the fastest or even fastest instrument which created the whole generation of rich community.
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August 08, 2017, 10:16:49 AM
 #527

awasome ! it is a good analysis and a good investment for who have got btc more than ~400  but we do not have that bitcoin balance yet: D but maybe one day? - ı hope Cheesy
One day you will be rich because of bitcoin if you will start your journey now, these people does not become rich overnight, they hold their bitcoins as they have faith on this revolutionary financial tools. Bitcoin will be big in the future, you can already tell by the way it's value has substantially increase so let us still see the current price as the opportunity to buy.

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August 08, 2017, 10:17:59 AM
 #528

awasome ! it is a good analysis and a good investment for who have got btc more than ~400  but we do not have that bitcoin balance yet: D but maybe one day? - ı hope Cheesy
We all have a chance to hold 1 bitcoin or more in the future just continue collecting bitcoin on your multiple source of bitcoin but if you stop you can not hold that amount.
Since you are high ranked now you start in bitcoin when the value is below $400 dollar like me but i do not able to invest due to luck of money.

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Omega Weapon
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August 10, 2017, 09:53:50 PM
 #529

When we hear stories about people who bought BTC in 2010, we all have a feeling that we missed it. My personal opinion is that as for now we shouldn’t concentrate on putting ourselves in the same scenario as those people. It’s not really a wise move, more a blind one (I mean to buy Bitcoins now and wait for the price to increase within 5-10 years). Although I still believe that Bitcoin price will continue skyrocketing.
You only missed out if you knew about bitcoin back in the day and for some reason you decided you were not going to invest in bitcoin at the time, I know that I did not miss a thing because I got in bitcoin until the summer of 2016, my focus is on alts, alts that are good projects but that could skyrocket in the future, if you select one of those you could get the same results as if you selected bitcoin back in the day.
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August 11, 2017, 12:14:25 AM
 #530

When we hear stories about people who bought BTC in 2010, we all have a feeling that we missed it. My personal opinion is that as for now we shouldn’t concentrate on putting ourselves in the same scenario as those people. It’s not really a wise move, more a blind one (I mean to buy Bitcoins now and wait for the price to increase within 5-10 years). Although I still believe that Bitcoin price will continue skyrocketing.
You only missed out if you knew about bitcoin back in the day and for some reason you decided you were not going to invest in bitcoin at the time, I know that I did not miss a thing because I got in bitcoin until the summer of 2016, my focus is on alts, alts that are good projects but that could skyrocket in the future, if you select one of those you could get the same results as if you selected bitcoin back in the day.
That's true, way back I don't trust alts because honestly I did not educate myself bank then and I just assume that all alts are just scams because only bitcoin are legitimate and will be successful. However, as I continue my journey here, I've learned a lot of that includes putting some trust into altcoins, I realized that I should not only trust bitcoin and learn to diversify my investment and I am happy to put some into altcoins.

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August 11, 2017, 02:01:00 AM
 #531

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.




That is very interesting, but I don't think we will get to the point that 1 Bitcoin is worth 1 million dollars unless it is way in the future. If that were to happen, then someone that has 1000 Bitcoins would have 1 billion dollars. It doesn't seem likely to happen. I would be happy if 1 Bitcoin got to $50,000 in my lifetime.
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August 11, 2017, 02:09:17 AM
 #532

I think that Bitcoin is probably one of the fastest or even fastest instrument which created the whole generation of rich community.

I can't say it is the fastest, though yeah, it is one of the tools that helped a lot of people from giving people opportunities to raise themselves. Because of bitcoin, there are a lot of millionaires now that is not known.
For me that is great because you are a millionaire that even no one or not a lot of people knows.
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August 11, 2017, 02:09:32 AM
 #533

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.
The new rich people realized thst they are now belong to the club of millionaires .in fact being involved in bitcoin activities makes many people forget there original currency because they seems to be satisfied of new currency which is bitcoin.



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Rainbot
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August 11, 2017, 02:26:58 AM
 #534

I think that Bitcoin is probably one of the fastest or even fastest instrument which created the whole generation of rich community.

I can't say it is the fastest, though yeah, it is one of the tools that helped a lot of people from giving people opportunities to raise themselves. Because of bitcoin, there are a lot of millionaires now that is not known.
For me that is great because you are a millionaire that even no one or not a lot of people knows.
Everything can not be said fast, and it definitely needs a process. If indeed very many people are rich because of bitcoin, surely it requires a fairly complicated and long process. Well, they also try hard.
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August 11, 2017, 04:01:20 AM
 #535

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.




That's the power of bitcoin, maybe it can be easily to be rich if you have a mindset and a goal and if you are a lucky one that risk every bitcoin you have and win repeatedly then you become one of a millionaire people in bitcoin society.

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August 11, 2017, 06:45:12 AM
 #536

Yes, this is a good thing and very fun, easy way to get rich is by bitcoin investment, just buy then hold at least a year then we can get profit up to 100%, and it has happened and experienced by many people. We must try and follow them.


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Reid
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August 11, 2017, 06:48:02 AM
 #537

I dont see myself as rich but I do feel the broadness of what my money can reach now ever since I found bitcoin.
There is this easy way now whenever I feel to buy something I can do it unlike before where something is stopping me because I might get short with my budget.
Now there is much profit that is incoming and I never stopped it. We can be rich with bitcoin as long as we do try our best to hold it or buy and sell at the right time.
Omega Weapon
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August 13, 2017, 01:22:31 AM
 #538

I envy those who took a chance and joined the bitcoin in the very beginning. Now they are already rich enough and they do not need to go to work, because they opened their own business.
Back in the day when you could get bitcoin almost for free you did not needed to take a big chance, in the forum there is a thread about a kid that invested one thousand dollars in bitcoin and is now a millionaire, people that want to get good results with bitcoin will have to invest almost 4000 dollars for a single coin, when in the past you could get those coins for almost nothing.
NavySeals
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August 13, 2017, 01:26:12 AM
 #539

Bitcoin is expensive anyway. It's around 3500 EUR and 3900 USD. If we assume that we'll buy now, we need bitcoin to be $20,000 to get rich. This is not possible in short term.
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August 13, 2017, 01:34:28 AM
 #540

That's true. Because of their patience and handwork in earning bitcoin, this result to their success and become rich at all. As of now, many people is being thankful to btc because it changes their status in life.
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