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Author Topic: Can bitcoin make someone the richest in the world?  (Read 2402 times)
xenodata
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February 08, 2021, 06:37:58 PM
 #161

I'm not in love with Winklevoss brothers, but its nice to see recognizable people enter and stay in the space for years.

Gives me more confidence in their product which I guess they're going to be offering interest accounts soon.  Not super sure how I feel about those, but if they can guarantee deposits (or at least have a good plan on how to), it seems like a good product.

Rehan Zakir
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February 08, 2021, 06:57:15 PM
 #162

Yes! It is possible. I think a person who buys Bitcoin in cents . Now, He is the billioner. If we go back ten years, the price of bitcoin is nothing. But now the price of Bitcoin has gone up a lot. Bitcoin has changed the lifes of peoples.

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February 08, 2021, 10:20:01 PM
 #163

To become the richest in the world I don't think you can, but the richest in one area of ​​residence could be, because.  Having 10btc alone can live in luxury and more than enough, even if it is processed properly it can support the children and grandchildren later

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February 08, 2021, 10:30:14 PM
 #164

Rich yes, but richest, I highly doubt it. There has to be a network of assets, business and enterprises that would allow anyone to even get the chance to be at the top 10 richest in the world. Bill Gates for example, is for certain not solely relying to his business at Microsoft to get the seat, he for sure has a lot of assets, businesses, and other more modesof income that gave the guy his rightful status.
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February 10, 2021, 03:10:24 PM
 #165

I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.

First of all rich people not always are public and they do not always share to the whole World their thoughts or all sources of their wealthy. The richest person in Africa is not the onliest one, there is a list of them - some of them invested in diamonds, oil and retail, some of them are industrials or owners of conglomerates or companies that made them rich.
And the second important thing - everyone tryes his own possibilities and moves his own way in order to reach something, and it may be metal, gold or oil, or it may be cryptocurrencies, finances and so on. And some people may become rich because of lucky circumstances 😉🙂 like lots of people who invested in Bitcoin at the very start, they even did not imagine that may wake up some day millionaires))) So it depends on the person and on what is more suitable personally to him.
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February 10, 2021, 03:20:02 PM
 #166

Numerically it has been demonstrated and conceivable that Bitcoin can make billionaires.If bitcoin cost goes on to six digits, perhaps there can be known or obscure people who can ended up billionaires, so hypothetically it's conceivable. But at that point once more, like all other speculation disobedient, you ought to truly know how to play and take advantage of the market to at slightest make a benefit here. Fair keep in mind though that bitcoin isn't the reply to destitution or instant arrangement to somebody to create a part of cash in brief sum of time.So patience,Planning, skills needed there.

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February 13, 2021, 05:06:49 PM
 #167

These days, crypto is in the limelight and more and more people are preferring crypto more than traditional currencies to get rich quickly.
Now the question arises can we get rich by investing in crypto? Yes, one can get rich by investing in crypto, even if not the richest. But the interesting part is it fully depends on one's luck and correct analysis. One can be rich overnight. But he needs to do the proper analysis. He has to be aware every moment. One can't be rich overnight. He has to do a proper investment in proper crypto. Otherwise, he can also lose a lot of money too. Prices of crypto can go up anytime. At the same time, it can go down at any time. One has to be mentally prepared.

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February 13, 2021, 05:20:30 PM
 #168

Have you already possessed a huge amount of BTC or maybe you're a talented hacker? Then yes, you have all perspectives to become one of the richest men on the earth with a help of BTC. In all the other cases you are a little bit late (for at least on 10 years). Today's price is too high to invest huge amount of BTC for a ordinary person with average salary. It’s good if you have an opportunity to hodl even one BTC.

For now, only rich person can take that advantage to earn more.

Rich people are capable in playing with this investment, they can convert their assets to this investment and earn a lot. with how this market  is working currently, and with those many institutional investors who also seeing the potential, becoming the richest person is achievable by means of Bitcoin only if all the people will also bring their investment to this market..
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February 16, 2021, 07:02:26 AM
 #169

it's already happened  look at Elon Musk

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February 16, 2021, 08:32:44 AM
 #170

I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.
It has already made many billionaire. All founders of top 10 exchages, and so many anonymous whales all are rich because of Bitcoin.
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February 16, 2021, 09:06:06 AM
 #171

I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.

In my opinion, at least in the near future, this is not very likely.

Even if Bitcoin reaches $ 100,000 next year, as some estimates suggest, this is still not very likely.

The largest wallet at the moment has 168,791 BTC.

And the richest man so far is Elon Musk with 188 billion, which is equal to 1 880 000 BTC (if the price is 100 000$/BTC)  Grin
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February 16, 2021, 09:46:33 AM
 #172

it's already happened  look at Elon Musk
No it didn't Elon was first introduced as the richest man before the Tesla's 1.5 billion USD bitcoin purchase. Technically if you own 5 million bitcoin, you can surpass Elon's network by around 2 folds so in technical aspect, bitcoin can make you the richest person in the world. The only problem is how can you cash out all those bitcoin to make more money to have your title as the richest person in the world stay.

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February 16, 2021, 01:12:59 PM
 #173

Investing in bitcoin is a gambling you cannot predict what will be the price in future or every year but Im pretty sure that its price gonna be hit a hundred thousand dollars ,as of now many influencer uses crypto and currently most influencer now enter in crypto example elon musk the man behind of tesla product there are some news about he was planning to use bitcoin for payment about his product and much at all he talking about doge so he gave an impact about the price of it just look at the market when he was started to post about it.

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February 16, 2021, 01:33:11 PM
 #174

In my honest opinion, it could make someone the richest in the world but you would have a lot of money too in fiat to invest then because how will you buy bitcoin without fiat money. Just like Elon Musk, he bought bitcoin in a huge amount of money wherein no one with a mediocre status could have that amount to spend just to buy bitcoin because it is a gamble and an investment.
GideonGono
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February 16, 2021, 01:47:58 PM
 #175

I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.
I think Bitcoin or crypto could make a person rich but not the richest in their country or in the world.
It could only happen if someone who is already super rich would convert their money or everything into Bitcoin and the price after they done it would go up.
But those rich person wouldn't just rely on it they would only invest partial of their whole asset into crypto they would rather have business that is way more secure on making profit than risking it all in investing in crypto.
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February 16, 2021, 01:58:36 PM
 #176

I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.
I think Bitcoin or crypto could make a person rich but not the richest in their country or in the world.
It could only happen if someone who is already super rich would convert their money or everything into Bitcoin and the price after they done it would go up.
But those rich person wouldn't just rely on it they would only invest partial of their whole asset into crypto they would rather have business that is way more secure on making profit than risking it all in investing in crypto.

This idea is definitely a very possible because as we all know bitcoin is one of the most big deal thing today. Because of its value and all time high records, most of the people are amazed and want to invest to it right now. For me, it is not too late to invest in bitcoin but you need to have a good, better and enough understanding in order for you to have a meaningful, and profitable journey in bitcoin. If your goal is to become rich in bitcoin, you will not able to achieve it if you only focus on the profit or earnings, you must also improve yourself, decision making and as well as your savings. Be wise and be smart in everything and all of your hardwork will be harvest in the future. You will get rich.
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February 16, 2021, 04:10:53 PM
 #177

I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.

With such jumps in the price of Bitcoin, any Bitcoin holder can become very rich. There are many people who gather wealth in various ways and cryptocurrencies will prove to be one of the newest ways to do this.

This can be seen in the growing interest in them BTCBTCBTC

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February 16, 2021, 04:15:10 PM
 #178

No doubts, by 2030 Satoshi Nakamoto will be the richest person in the world. We will live in a very interesting world, by that time Bitcoin will cost $1000000 and 1 satoshi will be $1.  Cool
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February 16, 2021, 04:40:33 PM
 #179

If we are talking about investing now in bitcoin, I think it can't make someone richest in the world, because it is too expensive now to buy BTC for ~47k dollars, but if someone invested a lot of money in bitcoin like in 2009-2011 period, then it will be the richest in the world.
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February 16, 2021, 09:12:14 PM
 #180

Being the richest in the world with bitcoin, I don't think I can. Who will compete with Elon Musk as the richest person in the world today. Even the elon company Tesla bought $ 1.5 Million in Bitcoin.
To become the richest in your neighborhood or in your country you probably still can, but you must have a lot of bitcoins from the past when the bitcoin price was under $ 1 and can hold it to this day.

The richest people in the world do not only rely on bitcoin, but have made a lot of investment, they have built many companies, so it is not only from bitcoin that they are the source of their wealth. Bitcoin is only a small part according to them.
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