crypto Currency is making people millionaires all over the world

[Illia_Kabiakou]

Bitcoin has provided a unique opportunity to be enriched people, when I become a millionaire I'll let You know

[Desscount]

no, not all!

what you see is the price going up, but that does not mean people are becoming millionaires because of it.
although many have been and will continue to make profit but there will always also be a lot of others who will always continue to chase their own tails.

we have seen multiple times, people who buy on top then panic sell after things turn a little grey for their taste. like when price went above $4000 the first time, they waited and waited until price was on top and then bought at $4700+ and when the correction began they waited and waited and panic sold at $3500.

the market filled with panic sellers will only have some millionaires who become that because of the panic sellers

I really agree with you. most of the beginners speak very easily. the fact is not that it will happen. I do not know what the OP is thinking. there is nothing easy to collect bitcoin. all of it through various processes and certainly related to experience and knowledge.

[Shutup]

2020 millionaires all  over the world

If 2020 people are millionaires,lm so much lucky to be one of them.If l get busy to bitcoin to look for to be a millionaire maybe l cant do it so fast.This willl effective emmediately to those who are interested to follow bitcoin in their life.Every people aim to be rich but you have to exert your time and effort on bitcoin before it going to happen your dreams.

[hynext]

Well, not all. It depends on you if you are hardworking and perseverance to make your bitcoin grow a lot.

[Betwrong]

The question is, who will be the first crypto billionaire.

I think Satoshi Nakamoto, whoever he/she is, became the one when Bitcoin crossed $2,000 mark.

And of course many people around the world became millionaires with cryptos otherwise having no chance to achieve that goal.

[malikusama]

2020 millionaires all  over the world

Majority of the world is still not using and even not aware of cryptocurrencies so how can you imagine that in 2020 everyone will be millionaire.
Even If you are considering only cryptocurreny users, it is impossible that all of the users will become millionaire because still market is full of users suffering from their loss in cryptos. Not everyone can survive here, only few manage to excel in this crypto world.

[valisa]

That might happen, there will be a lot of rich people from crypto currency, especially if saving using bitcoin, because bitcoin price is very fast rising, so chances are many rich people from crypto currency

[Lipe490]

It's kinda crazy if you think they are millionaires, because the truth is that they're crypto millionaires (I know some stores and places accept bitcoin as payment method). They will be real millionaires if they sell their bitcoins and exchange to fiat currency what most of them don't usually do. If btc holders sell their coins all at the same time, we also gotta have buyers that buy from them all at the same time, so that just won't work, and even if we have buyers enough to do that, price will keep the same theorically right? With btc rising everyday it will be more common new millionaires appear and maybe someday when bitcoin is worth 100k usd, you just have to own 10 of them to be the new one.

[Nisharawal]

It really feels great to hear that around 2020 millionaires around the world are  been made through bitcoin and crypto currency platform. Well it  should be more than thousand, as i have read in an online article about this topic. People are really making amazing money on their investment. And this wont be possible if there were no support from many bitcoin information websites, Blogs,communities Sites and even this forum (bitcointalk.org). It's a great boon for us to be a part of this crypto trading and i am sure this millionaire number will increase every year after year.

[Sasuke102001]

I don't know about the people currently who will become future millionaires because of crypto currency but I very well kniw that the people who bought bitcoin when bitcoin was introduced are currently very rich I can't tell whether they are millionaires or not but they probably are very rich for now.

[3kpk3]

Bitcoin and the entire crypto world are transforming our lives in a positive way. This is being called the second age of internet by many people. I am happy that I have stepped into this crypto world and I am completely aware of the risks. HODL all the way.

[nomad1109]

The market cap of Bitcoin increases only because people are pumping more money into it. It isn't generating any cashflows or doing any services that actually produces real value, so right now it's just a financial instrument. Financial instruments pretty much just distribute wealth, so for every guy that becomes a millionaire there's other people giving him the money.

[stompix]

honestly though, not even 10% would be able to cash out completely without collapsing the prices.

10% of what? of total bitcoin amount? that is 1,670,000BTC that is 9.2 billion dollar. if you dump that much money on ANY market, it will crash and burn to the ground. it is not just bitcoin.

besides, such crash and burn will be temporary. earlier this year, it was some bug or a whale's bot that went crazy and dumped bitcoin on an exchange and crashed price to $0.10. guess how many minutes that price lasted before going back up?

Any market?
Check this out:
http://www.businessinsider.com/heres-how-much-currency-is-traded-every-day-2016-9

HSBC notes that the decline in turnover was a result of a sharp drop in FX spot volumes, with the average daily volume falling to $1.65 trillion this year, a 19% decrease from three years earlier, which stood at over $2 trillion per day.

Forex volumes are 2 trillions, a 9.2 billion sell would mean a little over 0.5%.

Right now , even with all the hype cryptos are playing in the extra small league.
But look at the bright side, there is a a lot of room for growth.

The question is, who will be the first crypto billionaire.

I think Satoshi Nakamoto, whoever he/she is, became the one when Bitcoin crossed $2,000 mark.

And of course many people around the world became millionaires with cryptos otherwise having no chance to achieve that goal.

If we count his maximum possible coins he became a millionaire 4 years ago when bitcoin crossed 1000.
But there is always the possibility is not even a millionaire right now.
Hdd do crash, data can be lost, and most importantly....nobody lives forever

[Betwrong]

~

The question is, who will be the first crypto billionaire.

I think Satoshi Nakamoto, whoever he/she is, became the one when Bitcoin crossed $2,000 mark.

And of course many people around the world became millionaires with cryptos otherwise having no chance to achieve that goal.

If we count his maximum possible coins he became a millionaire 4 years ago when bitcoin crossed 1000.
But there is always the possibility is not even a millionaire right now.
Hdd do crash, data can be lost, and most importantly....nobody lives forever

Yes, we don't know how old he/she were when they invented Bitcoin, but on the other hand, it wasn't long time ago so probably he/she is okay now. The question wasn't about whether this person became millionaire because it is obvious that that happened 4 years ago, we are contemplating on the possibility of becoming a billionaire lately.

[Zalfa_mui]

bitcoin does make people become millionaires but not all. there is also a long plunge in bitcoin but did not produce anything. nowadays bitcoin is getting famous, but there's always a problem, at start from china which forbids bitcoin now indonesia also forbid.

[MoonIsBlue]

These bans are just signs of maturation. Really, there's no going back. There's huge dissatisfaction around the world with the current monetary system and that isn't just going to dissapear.

We've lived for quite some time now in financial slavery or other forms like that such as the Feudalism, colonalism, imperialism, communism, capitalism, monetary system, class systems and plain straight up slavery. But we also evolve and our social paradigms evolve with us.

You think that after such a long periods of ''slavery'' high social classes that have survived exploiting masses for centuries are just going to give away that position?
Not much of a conspiracy theorist as I believe mankind is mostly pushed by primitive instincts over higher thinking. But considering the fact that any change is always a direct attack on the (illusionary)comfort people have set themselves (even people of poor financial standards) it won't be without a fight.

Belief systems and emotions happen in the same part of the brain. Reason why most people consider a questioning of beliefs a personal attack to their intelligence.
Comfort, security and fear is regulated by the reptilian part of the brain which is the most primitive part. Anything that dares provoke its box of illusions will be met with direct attacks.
The reptilian part of your brain rather keeps things as it is then threaten survival with changes.

[Babylon]

2020 millionaires all  over the world

I cannot say that I would become millionaire by 2020 but I will just claim it, anyway dreaming is free.   It is very possible especially to people who works their entire life with bitcoin.  But if by 2020 and I have saved a good amount of bitcoin, then maybe I can say and hopefully I will be one of the millionaires by 2020.

[TravelMug]

2020 millionaires all  over the world

I cannot say that I would become millionaire by 2020 but I will just claim it, anyway dreaming is free.   It is very possible especially to people who works their entire life with bitcoin.  But if by 2020 and I have saved a good amount of bitcoin, then maybe I can say and hopefully I will be one of the millionaires by 2020.

Well its not really bad to dream, but I'm sure that you are capable of becoming a millionaire because you have a Hero account and it the trends continue for bitcoin signature in 2 years time you will achieved close to millions. And you have stressed out a good point as well in working bitcoin your entire life, because it you did there's no way that you won't become a millionaire with the way bitcoin is currency rising.

If you can't reach that goal of being a millionaire, I think its fair to assume that at least half a mill is not that bad as well. Keep own chasing our dreams and I'm sure that one day it will all become reality for all of us.

[jameswebb]

Cryptocurrency is the hot potato now. It can do magical wonders for you. We have created a new cryptocurrency called Boon Coin, it will be used for transactions in the freelance job marketplace we created. There are a lot of applications like this using cryptocurrency.

We have just begun our ICO campaign. I want to know whether anyone among you is interested in managing our bitcoin talk announcement page. If you are interested you can contact us through our telegram handle, ping us here in telegram: @BoonTech

[btc78]

2020 millionaires all  over the world

be specific on MILLIONAIREs that your talking about,if ur an asian or other small countries it maybe possible.but if your in europe of america or other high value currencies its to hard to be a millionaire maybe some or fewer than what you expecting..and 2020?its to soon to tell.we dont know what would happen after the fork so better watch out