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Author Topic: 19-Year-Old Ukrainian Politician Owns 185,000 Monero (XMR), Bought In 2015  (Read 457 times)
Bitcoinmoon12 (OP)
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December 10, 2020, 01:54:33 PM
 #1

Ukrainian Kramatorsk Rostislav Solod, 19-year-old a member of the city council in the town of Kramatorsk, in eastern Ukraine, has reported owning 185.000 Monero (XMR).
How does he have so much money?
Because:
His parents, Yuri Solod and Natalia Korolevska, are members of the national parliament of Ukraine.

Source: https://azcoinnews.com/rostislav-solod-19-year-old-ukrainian-politician-owns-185000-monero-xmr-bought-in-2015.html
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December 10, 2020, 02:08:28 PM
 #2

The price of monero at that time was around 50 cents and that means he has spent 92k USD to buy monero. If he was from the rich family and it will be easy money for him to brough a lot of monero at that time. Im not feeling surprised to see he was able to bought a lot of monero at that time.
His investment has become multi million dollars. He's so lucky.

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December 10, 2020, 02:26:30 PM
 #3

Ukrainian Kramatorsk Rostislav Solod, 19-year-old a member of the city council in the town of Kramatorsk, in eastern Ukraine, has reported owning 185.000 Monero (XMR).
How does he have so much money?
Because:
His parents, Yuri Solod and Natalia Korolevska, are members of the national parliament of Ukraine.

Source: https://azcoinnews.com/rostislav-solod-19-year-old-ukrainian-politician-owns-185000-monero-xmr-bought-in-2015.html

since 2015 and then he was not up to 19 years and he was wise enough to invest his money on something that will be beneficial for him in future, now he must be proud of himself for making such a wise decision and for keeping them till now without being tempted to sell because am sure many adults who bought during that period have sold  Tongue
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December 10, 2020, 02:32:24 PM
 #4

That's was some kind of easy profit. Well he is too lucky and he is brave enough to buy those tokens well I hope too that I have courage to invest to coins like that.
And leave it for years, maybe there's some new coins right now that will probably be like that in the future? maybe I should start looking around now.
Does anyone here think it is still a good idea to invest or to buy monero now?

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December 10, 2020, 03:13:35 PM
 #5

He is currently 19, going back 5 years shows that he bought the coin at a very young age and also took a big step in buying such amount, thus I will say he is very brave to make such investment and his parents of course will be very proud of him to having spent his money well at a very young age unlike most teens. Another thing to consider is the fact, he made the investment in a good coin like Monero hence was able to get such profit now, the question is what convinced him to go for Monero, nevertheless he made a good call. But nowadays, can someone make an investment in most upcoming projects today and be relaxed, I guess not because most team are only here to get rich; this is the fact that differentiates a lot of old projects from the new ones, and also the reason a good number of old projects are still standing strong unlike it's counterpart.
I really commend the guy's bravery and smart investment.
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December 10, 2020, 03:45:42 PM
 #6

Dang, he's got the jackpot I guess. Not everyone at that young age have the opportunity to spend thousands for a crypto with a lot of uncertainty. Though, I wonder why he bought monero in the first place as it's very anonymous coin and his parents are from parliament but that's not my business I guess.

So as the title said that he's 19 year old politician does that mean he's already in politic or what? Also I wonder how he report taxes from all that money he hold, not that I understand how Ukraine government works.

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December 10, 2020, 03:50:03 PM
 #7

Ukrainian Kramatorsk Rostislav Solod, 19-year-old a member of the city council in the town of Kramatorsk, in eastern Ukraine, has reported owning 185.000 Monero (XMR).
How does he have so much money?
Because:
His parents, Yuri Solod and Natalia Korolevska, are members of the national parliament of Ukraine.

Source: https://azcoinnews.com/rostislav-solod-19-year-old-ukrainian-politician-owns-185000-monero-xmr-bought-in-2015.html
Currently, Rostislav's Monero valuation is around $24 million (185k x $130 (current monero price)).  I applaud him at a very young age who made the right decision to invest in Monero.  at that time Monero's price was less than $1, he's really lucky..

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December 10, 2020, 04:32:03 PM
 #8

19-Year-Old Ukrainian Politician Owns 185,000 Monero (XMR), Bought In 2015

Source: https://azcoinnews.com/rostislav-solod-19-year-old-ukrainian-politician-owns-185000-monero-xmr-bought-in-2015.html

He was probably on this forum and read this post:

https://bitcointalk.org/index.php?topic=925649.0

What other had been waiting for I dont know.
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December 10, 2020, 05:00:30 PM
 #9

Early adopters of some projects are really swimming in cash why some have been wrecked too by some project. I wish, the ones that i am holding now turns out to be great in the future. Crypto is my number one business right now. Belove, enjoy your Monero.
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December 10, 2020, 06:46:49 PM
 #10

Monero is currently $130 so he has an estimated worth of over $25,000,000 & that’s just XMR. He probably has holdings of other crypto. Good for him, he deserves everything he has for having the balls to invest when the price was only $0.50.

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December 10, 2020, 07:03:52 PM
 #11

If this story is real, he really got balls and money in investing. Who would expect that XMR made it this far while its batch mates are dead. It is important that you really have to believe in your investments and not just taking advantage for quick profits. He might be one of happiest believer of Monero which most thought way back then will just end up in a toilet.

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December 10, 2020, 07:21:41 PM
 #12

Maybe the boy sees these things will happen in the future that he bought while it's cheap. Back 2015, XMR price I think was $0.10, he must have a lot of money still to invest that much of XMR.

He has the privilege of being the son of the national parliament of Ukraine. Money isn't going to be a problem for him since then and even more now. So much money for a 19-year-old.
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December 10, 2020, 07:38:37 PM
 #13

Monero is currently $130 so he has an estimated worth of over $25,000,000 & that’s just XMR. He probably has holdings of other crypto. Good for him, he deserves everything he has for having the balls to invest when the price was only $0.50.

Or the case here is that his parents is also behind this as where will he get that money even if XMR was just 50cents when he bought? Just like others have said, maybe their family stashed their wealth in crypto and used  this 14-year old boy at that time to keep their riches. I won't believe that it was his doing alone as the money involved is quite big.
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December 10, 2020, 08:02:20 PM
 #14

Ukrainian Kramatorsk Rostislav Solod, 19-year-old a member of the city council in the town of Kramatorsk, in eastern Ukraine, has reported owning 185.000 Monero (XMR).
How does he have so much money?
Because:
His parents, Yuri Solod and Natalia Korolevska, are members of the national parliament of Ukraine.

Source: https://azcoinnews.com/rostislav-solod-19-year-old-ukrainian-politician-owns-185000-monero-xmr-bought-in-2015.html
He could be in trouble for revealing such huge amount of monero coins because being a politician and public figure there will be many questioning his money and some may think he made these coins from corruption money and it can also give bad name to his parents who are also parliamentarians. I hope the issue will be handled well and Ukraine will also move to adopt crypto after this reveal.

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December 10, 2020, 10:40:17 PM
 #15

He's very young, but he's smart as a politician. Now he's also a millionaire.
We do not know how the Ukrainian government works, but fighting the corruption should be universal.
It's a problem that affects the economy of any country in the world.
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December 10, 2020, 10:56:57 PM
 #16


That is exciting to know, I think in coming days more reveals will be made regarding politicians holding coins so in the end this will all boost the confidence of the masses and we will move towards speedy adoption as a result.
Im not sure about that but it will be a very difficult thing for politiciant to reveal their crypto asset. He has invested in crypto a few years ago and that means he's still under 17 at that time.
That makes sense if he was only trying to put his money on monero or crypto at that time. The politician will never reveal their crypto as they can get taxes caused by that.
They will be silent.

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December 11, 2020, 08:11:40 PM
 #17

19-Year-Old Ukrainian Politician Owns 185,000 Monero (XMR), Bought In 2015

Source: https://azcoinnews.com/rostislav-solod-19-year-old-ukrainian-politician-owns-185000-monero-xmr-bought-in-2015.html

He was probably on this forum and read this post:

https://bitcointalk.org/index.php?topic=925649.0

What other had been waiting for I dont know.

Maybe you think he decided to buy these coins himself? The parents are rich and probably the son asked him to buy it as a gift.

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I am reading this topic and I see that many did not believe in this coin.

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December 12, 2020, 03:12:29 AM
 #18

Dang, he's got the jackpot I guess. Not everyone at that young age have the opportunity to spend thousands for a crypto with a lot of uncertainty. Though, I wonder why he bought monero in the first place as it's very anonymous coin and his parents are from parliament but that's not my business I guess.

So as the title said that he's 19 year old politician does that mean he's already in politic or what? Also I wonder how he report taxes from all that money he hold, not that I understand how Ukraine government works.

 He is a new member of the city council in the town of Kramatorsk, in eastern Ukraine. he will become President in the future, kkkkk
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December 12, 2020, 11:36:19 AM
 #19

Ukrainian Kramatorsk Rostislav Solod, 19-year-old a member of the city council in the town of Kramatorsk, in eastern Ukraine, has reported owning 185.000 Monero (XMR).
How does he have so much money?
Because:
His parents, Yuri Solod and Natalia Korolevska, are members of the national parliament of Ukraine.

Source: https://azcoinnews.com/rostislav-solod-19-year-old-ukrainian-politician-owns-185000-monero-xmr-bought-in-2015.html

It could be true as we don't know the real. I will let him say whatever he wants to say, but if he can not proves that he owning 185.000 monero, it is hard for people to believe it. Even if his parents are a member of the national parliament of Ukraine, it doesn't need to show or tell the public that he owns many monero amounts. If I were him, I prefer to keep that for myself because it can make him a nice target for the hacker or people who want to steal from him.

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December 12, 2020, 02:01:32 PM
 #20

The price of monero at that time was around 50 cents and that means he has spent 92k USD to buy monero. If he was from the rich family and it will be easy money for him to brough a lot of monero at that time. Im not feeling surprised to see he was able to bought a lot of monero at that time.
His investment has become multi million dollars. He's so lucky.

How about mining them? i think its cheaper to get them by mining at that time. However the way he get the coins, his decision so lucky.

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