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Author Topic: First Bitcoin Billionaires Just Won Bet on Cryptocurrency Over Space Gold  (Read 167 times)
rosber (OP)
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December 05, 2017, 02:47:35 AM
 #1

Bitcoin has made billionaires out of the Winklevoss twins, thanks to a fear of astro-gold crashing the market that encouraged them to support the currency. The American entrepreneurs are perhaps most famous for claiming that Mark Zuckerberg stole their idea for Facebook, a story immortalized in The Social Network. On Monday, it emerged the 36-year-old twins’ investment in the cryptocurrency back in 2013 has paid off in a big way.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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December 05, 2017, 02:53:50 AM
 #2

They could take the gamble because they were rich to begin with.

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Kang TB
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December 05, 2017, 02:57:10 AM
 #3

they have a great view on Bitcoin in 2013, so they have decided to invest in bitcoin,,
and i think this is not a bet or gamble,
because when a lot people ignoring about bitcoin, they have a better view than the others


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btc_angela
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December 05, 2017, 02:57:17 AM
 #4

Bitcoin has made billionaires out of the Winklevoss twins, thanks to a fear of astro-gold crashing the market that encouraged them to support the currency. The American entrepreneurs are perhaps most famous for claiming that Mark Zuckerberg stole their idea for Facebook, a story immortalized in The Social Network. On Monday, it emerged the 36-year-old twins’ investment in the cryptocurrency back in 2013 has paid off in a big way.

They have a lot of money to begin with and in this crypto world, the more capital you have the more money you can make. The twins gamble on getting a lot of bitcoins in 2013 if I'm not mistaken and the gamble paid off in the last couple of days when bitcoin hits $11K, they became millionaire. And if you would also remember, they have applied for ETF which was subsequently denied by the SEC. They are working from behind about bitcoins actually that the reward is somewhat very fulfilling in their end.

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