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Author Topic: Was 50 Cent ever a crypto millionaire?  (Read 368 times)
Baofeng
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September 20, 2018, 09:08:45 PM
 #21

50 Cent is just an image, record labels set him up with nice cards, suits and events that demonstrate wealth, but in reality he is in severe debt. This is a lot more common that people actually think, I have heard about celebrities faking it until they make it for a long time, but it actually turns out to be true, particularly for rappers.

This is also what I read, although he is one of those few early adopters in the music industry, there are certain reports that he is on the brink on bankruptcy so we really know what's the truth behind the story.

About a few weeks ago, eminem includes "bitcoin" on his lyrics and everyone was elated to see that bitcoin is somewhat going mainstream but I doubt it will bring crypto closer to the masses. If 50 made a lot of money thru his early investment on bitcoin, then good for him, but I wouldn't be surprised if his on the brink of financial disaster as we all know that those kind of celebrities do spend a lot of their money on something that has no value but just to show image that they have tons of money, how ironic.

 
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pixie85
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September 20, 2018, 09:13:52 PM
 #22

I think that he barely even knows what bitcoin is. His managers set it up so that his record sells for BTC. He heard of it and that Bitcoin went up in value and got all excited started tweeting about it and it worked great for him. It gave him some additional publicity and it gave bitcoin some.

50 Cent is just an image, record labels set him up with nice cards, suits and events that demonstrate wealth, but in reality he is in severe debt. This is a lot more common that people actually think, I have heard about celebrities faking it until they make it for a long time, but it actually turns out to be true, particularly for rappers.

This reminds me of Michael Jackson. He seemed to have so much money and behind this fake image he was broke.
sakahayang
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September 20, 2018, 09:22:41 PM
 #23

In 2014 Bitcoin has been used by famous artists in the world and now even more users. I think bitcoin should be the world currency.
I just imagine if the amount of Bitcoin in 2014 still exists today, the Bitcoin holder has become a rich person.
KonstantinosM
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September 20, 2018, 11:31:13 PM
 #24

He probably never had the private keys.

As Andreas Antonopoulos says. Your keys, your bitcoin, not your keys, not your bitcoin.


And I really wanna like 50 cent, I really do, he's a good rapper, but that was a stupid move. If he had it in his possession he should have kept it quiet.

With bitcoin wealth, you can prove that you have it, but proving it is the dumbest possible in a sea of options.

You'd make yourself a target.

Thankfully I don't have much.

Syscoin has the best of Bitcoin and Ethereum in one place, it's merge mined with Bitcoin so it is plugged into Bitcoin's ecosystem and takes full advantage of it's POW while rewarding Bitcoin miners with Syscoin
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September 21, 2018, 01:12:29 AM
 #25

700 Btc is larget amount right now and its worth million dollar. I am like 50cents but he already have a chance to be millionaire but he dont use that chance with good. Hopely he really have 700Btc and maybe recover his financial problem

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September 21, 2018, 01:21:27 AM
 #26

if it's true he received 700 btc for the sale of his album, when he went bankrupt it could have been his alibi and made everyone in court know that he was bankrupt but actually he still had a lot of balance in his bitcoin wallet.

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October 02, 2018, 03:40:01 PM
 #27

All rappers are millionaires. They pretty shur ever do is tell us that they are millionaires. Is true, for 50 Cent too.

Quel Multicuiseur intelligent Cookeo choisir ?

Je suis une maman de deux petits anges
ghosong
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October 02, 2018, 04:01:36 PM
 #28

I read several articles, written that In 2014, Bitcoin was used by famous artists in the world and now even more users. If they still hold Bitcoin to date or sell it at the end of 2017, they must have become rich people.
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October 06, 2018, 01:40:05 AM
 #29

Most trading floors are out of control, so that they show false information sometimes raising higher prices. Assuming that he pulled a stunt like that, it meant he had the code in his possession, many of them and rich by it. After that, his account has not been used by him for years, and he recently discovered that he is a bitcoin millionaire when he is interviewed. That was really great news that all the money was required by the record company. It seems that it is his luck. That was a lesson for him. Wonder held their hand. I heard for a long time that 50 cents sold their album for electronic money.
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