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Author Topic: who are the youngest bitcoin millionaires?  (Read 3446 times)
cuddaloreappu (OP)
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May 15, 2014, 05:21:48 PM
 #1

Most of the cryptocurrency demographics is 25+age and hence it is interesting to think about are there any teen age early adopters who became millionaire now?
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May 15, 2014, 05:29:16 PM
 #2

The stories of young bitcoin millionaires might be fun and exciting if they are true.
In reality, people who are actually rich might be smart to keep quiet (for better security), and people willing to claim they have great riches could be embellishing their status just to get attention.

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May 15, 2014, 05:37:56 PM
 #3

becoming a millionaire in the age of 19 and 20 I think is the luckiest thing on this planet
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May 15, 2014, 05:52:51 PM
 #4

I'm nearly 40 and i still don't know if I would be able to handle it. I know at 20 definitely wouldn't have. At 20 you have no idea what you don't know. At 40 I think the only thing thats changed is that you at least know there is stuff you don't know yet. Even though you still don't know what it is.

Or something like that Wink

Course there are exceptions, probably some dead level headed 20 year olds walking around, but for the most part...

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May 15, 2014, 05:55:16 PM
 #5

becoming a millionaire in the age of 19 and 20 I think is the luckiest thing on this planet
That does sound fun! It also sounds a little like a story that ends with an overdose in a swanky hotel room.  Cheesy

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May 15, 2014, 05:57:05 PM
 #6

https://www.zhoutong.com/

this guy here. Now 19

He was still a teenager when he founded maybe the most succesfull exchange at the time bitcoinica. People were also considering him the main suspect in the thefts of the exchange. His name also because sorta like a meme withing the community to state that someone went bankrupt.

I really know that mutch, you could use google if this interests you any further. Smiley

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May 15, 2014, 06:13:01 PM
 #7

IMO, the younger you are when you become a millionaire, the more likely you are to burn through the money and end up back at ground zero...
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May 15, 2014, 06:15:57 PM
 #8

I'm nearly 40 and i still don't know if I would be able to handle it. I know at 20 definitely wouldn't have. At 20 you have no idea what you don't know. At 40 I think the only thing thats changed is that you at least know there is stuff you don't know yet. Even though you still don't know what it is.

Or something like that Wink

Course there are exceptions, probably some dead level headed 20 year olds walking around, but for the most part...


Dude!  You just described Justin Bieber! 
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May 15, 2014, 06:16:58 PM
 #9

The stories of young bitcoin millionaires might be fun and exciting if they are true.
In reality, people who are actually rich might be smart to keep quiet (for better security), and people willing to claim they have great riches could be embellishing their status just to get attention.

yeah, it'd be a good idea to keep quiet.. unless you are a high profile person who doesn't mind the reputation to help you gain influence... guys like the winklevi bros.
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May 15, 2014, 06:18:30 PM
 #10

IMO, the younger you are when you become a millionaire, the more likely you are to burn through the money and end up back at ground zero...

Agreed. You see it all the time with professional athletes as well. There are so many stories of incredibly gifted young people making millions and ending up broke a few years later with nothing to show for but addiction and emotional scars.

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May 15, 2014, 06:19:31 PM
 #11

My sons friend was.  He passed away at the age of 19. He was a member on here I think as readyeddy or level10wizard or something like that.  He had purchased a few thousand bitcoins when they were valued between .03 cents to .25 cents. Great kid. He will be missed.
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May 15, 2014, 06:28:33 PM
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My sons friend was.  He passed away at the age of 19. He was a member on here I think as readyeddy or level10wizard or something like that.  He had purchased a few thousand bitcoins when they were valued between .03 cents to .25 cents. Great kid. He will be missed.

Life makes you a millionaire then kills you off. What a heartless bitch life can be sometimes. Sad times.


While I haven't been around the block for that long on this planet I know that I wouldn't blow through my money on crack and hookers with I became a massively wealthy. I'd probably just fund some world wide Bitcoin scavenger hunts around the world or something lol. I manage my money just fine and don't get into credit card debt or blow all my money on the latest smartphones and overpriced wireless plans. Others around my age I cannot say the same of. Spending money on all sorts of wasteful things like tablets, laptops, video game stuff and what all.
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May 15, 2014, 06:56:11 PM
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My sons friend was. . .

. . . I was his best friend.  He was going to be my best man at my wedding. . .

Your friend? Or your son's friend?

Sounds a bit fishy.
Ron~Popeil
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May 15, 2014, 07:03:25 PM
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My sons friend was.  He passed away at the age of 19. He was a member on here I think as readyeddy or level10wizard or something like that.  He had purchased a few thousand bitcoins when they were valued between .03 cents to .25 cents. Great kid. He will be missed.

Life makes you a millionaire then kills you off. What a heartless bitch life can be sometimes. Sad times.


While I haven't been around the block for that long on this planet I know that I wouldn't blow through my money on crack and hookers with I became a massively wealthy. I'd probably just fund some world wide Bitcoin scavenger hunts around the world or something lol. I manage my money just fine and don't get into credit card debt or blow all my money on the latest smartphones and overpriced wireless plans. Others around my age I cannot say the same of. Spending money on all sorts of wasteful things like tablets, laptops, video game stuff and what all.



I have been around long enough to know that credit card debt is the fastest way to become poor no matter how much money you make. We paid ours off in full and will never own another credit card. Other than our mortgage we live debt free. We actually have more disposable money and nicer things in our home now than we ever did on the credit merry go round.

Agree on the crack and smartphones, but what do you have against hookers?  Grin

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May 15, 2014, 07:20:46 PM
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My sons friend was.  He passed away at the age of 19. He was a member on here I think as readyeddy or level10wizard or something like that.  He had purchased a few thousand bitcoins when they were valued between .03 cents to .25 cents. Great kid. He will be missed.

Life makes you a millionaire then kills you off. What a heartless bitch life can be sometimes. Sad times.


While I haven't been around the block for that long on this planet I know that I wouldn't blow through my money on crack and hookers with I became a massively wealthy. I'd probably just fund some world wide Bitcoin scavenger hunts around the world or something lol. I manage my money just fine and don't get into credit card debt or blow all my money on the latest smartphones and overpriced wireless plans. Others around my age I cannot say the same of. Spending money on all sorts of wasteful things like tablets, laptops, video game stuff and what all.

i'd probably be the same. i wouldn't blow ALL my money on crack and hookers, just a fair amount. but i do think that young people nowadays are being taught to just "live it up" and worry about the consequences later. we see it all over celebrity culture, and more and more, we see people just wanting to be celebrities.
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May 15, 2014, 07:29:43 PM
 #16

My sons friend was.  He passed away at the age of 19. He was a member on here I think as readyeddy or level10wizard or something like that.  He had purchased a few thousand bitcoins when they were valued between .03 cents to .25 cents. Great kid. He will be missed.

RIP, and best wishes to his family.
Sad story: Just curious, do you know if his family was able to get the BTC/money, or are the coins lost forever?

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May 15, 2014, 07:30:23 PM
 #17

becoming a millionaire in the age of 19 and 20 I think is the luckiest thing on this planet

+1


Young people often still have dreams and belief in ideology = they have good things to spend it on.


But also, ofcourse, a big risk.
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May 15, 2014, 08:07:44 PM
 #18

IMO, the younger you are when you become a millionaire, the more likely you are to burn through the money and end up back at ground zero...

Agreed.

I imagine that only after years of grinding away your soul as a slave making someone else rich can one possible
appreciate the freedom that wealth can bring. While I was an early Bitcoin adopter, I didn't follow my own heart and therefore can only imagine the freedom of wealth as I still must spend my days in chains.

Lesson to all you young folk out there, FOLLOW THE FUCKING WHITE RABBIT   Cool

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May 15, 2014, 11:20:08 PM
 #19

IMO, the younger you are when you become a millionaire, the more likely you are to burn through the money and end up back at ground zero...
FOLLOW THE FUCKING WHITE RABBIT   Cool

In street language this is code for shooting heroin.
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May 15, 2014, 11:34:53 PM
 #20

IMO, the younger you are when you become a millionaire, the more likely you are to burn through the money and end up back at ground zero...

Agreed.

I imagine that only after years of grinding away your soul as a slave making someone else rich can one possible
appreciate the freedom that wealth can bring. While I was an early Bitcoin adopter, I didn't follow my own heart and therefore can only imagine the freedom of wealth as I still must spend my days in chains.

Lesson to all you young folk out there, FOLLOW THE FUCKING WHITE RABBIT   Cool



imo, it's also about growing up poor, and being indoctrinated into a life of debauchery that leads to excessive and reckless spending. that's basically rap culture there. young people buy into that shit and as they get older, they usually find out that it's not nearly as important as it seems.
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