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Author Topic: Have you personally seen a bitcoin millionaire?  (Read 4730 times)
keithers
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May 31, 2014, 01:20:12 AM
 #41

One of my good friends from my office (who got me into BTC) probably has pretty close to a mill in the USD equiv of BTC.   He was introduced to BTC by his brother in law Roger Ver...who obviously has more than a mill worth of BTC.  My buddy doesn't really ever talk about how many BTC he has  though...
themusicgod1
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May 31, 2014, 01:23:52 AM
 #42

those that brag about their riches are usually naive people that are not used to being wealthy. and usually find in 20 years time their riches would have evaporated..

It is very different going from not having enough money to consistently eat and being a paycheque away from being unable to afford rent to having 7-figure fiat balances, and almost all your day to day life problems more or less solved almost overnight.  Absolutely surreal.  And for those reading this thread: the price peaked > ~4096$usd/btc at kraken.  That means a lot of people were, at least momentarily, millionaires, and if they sold...could have bought in again at 350$ and be doing quite well for themselves.  I quit my shitty job and haven't looked back, and now don't really fit in with working people(they have shop to talk about...I just don't), don't really fit in with wealthy people(I really don't give a flying fuck about status symbols and would be perfectly fine eating KD with weiners every day), don't really fit in with retired people(I'm too young to really have much in common with them)...
cr1776
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May 31, 2014, 01:25:05 AM
 #43

Nobody currently hold one million Bitcoins. Anyway, I've met a Fiat millionaire, but not a Bitcoin millionaire. I think they'd want to stay hidden for security reasons.

I think they'll be living like average civilians, so they won't spend all of their wealth.

I thought Satoshi might have over a million? And everybody knows being a bitcoin millionaire means holding a million fiat value in coins. And why would a bitcoin millionaire what to stay hidden any more than a fiat millionaire?

You have to specify the currency then - Euros, dollars, Yuan, Yen, pounds, Zimbabwean dollars etc.  

e.g. One million Yen is about $10,000 today, iirc.
themusicgod1
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May 31, 2014, 01:26:22 AM
 #44

I paid taxes because all my money goes through my American bank account.  I don't want to go to jail.

Why would you go to jail? You couldve just kep the money in btc and not had to pay any taxes.

The student loans need to be paid off in dollars.

And because I think you need to hear this, PAY YOUR TAXES! Mr. Tea

...sort of.  If there are any canadians reading this know you can pay off your student loan balance with bitcoin via bylls.com
Beliathon
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May 31, 2014, 01:39:51 AM
 #45

I am already a millionaire thanks to Bitcoin, the world just hasn't figured it out yet. The same could be true for you, dear friends, if you simply HODL long enough.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
kthejung
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May 31, 2014, 02:28:42 AM
 #46

Let's see... Goat bought a yellow lambo, Rpietila bought a castle and is opening up a hotel, and some other guy bought a villa in southeast asia somewhere.  Oh, can't forget about that guy bought the pizza for 10,000 btcs. 
Beliathon
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May 31, 2014, 02:30:23 AM
 #47

Oh, can't forget about that guy bought the pizza for 10,000 btcs. 
Poor bastard.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
Phinnaeus Gage
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May 31, 2014, 02:36:13 AM
 #48

Mirror, mirror, on the wall... Who has $1.6M USD via BTC?

You did, Sire, till davout stole them from you via his InstaWallet "hack", and what are you planning on doing with that hamm...
Taras
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May 31, 2014, 02:57:29 AM
 #49

Oh, can't forget about that guy bought the pizza for 10,000 btcs. 
Poor bastard.
It must have at least been an honor.
3-4 years ago there were less than 100 people frequenting this forum, and I was pretty happy to trade 10,000 coins for pizza.  I mean people can say I'm stupid, but it was a great deal at the time.  I don't think anyone could have known it would take off like this. Smiley
bryant.coleman
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May 31, 2014, 04:55:23 AM
 #50

Oh, can't forget about that guy bought the pizza for 10,000 btcs. 

Unfortunately, Laszlo Hanyecz, the Floridan programmer who bought the pizzas for BTC10,000 admitted in this forum a few months ago that he don't have any more BTCs in his wallet. He spent all of them in 2011.  Angry
bitbaby
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May 31, 2014, 06:46:16 AM
 #51

Do you know anybody , your friends,cousins who were early adopters and got millionaire rich of the 2013 bitcoin bubble..

What toys have they bought? sports cars or what?

Okay if you yourself is an early adopter and a millionaire, share  some things abut how your life is changed now and what things have you bought and how you enjoy your life?



No I don't know any bitcoin millionaires personally but I did watch a documentary on tv who showed several ppl who bought bitcoins at a very early stage and turned millionaires when the price hit sky high.

The documentary also showed how some ppl who bought and saved a lot of coins but lost their keys/wallets and lost millions of dollars worth bitcoins,

EternalWingsofGod
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May 31, 2014, 06:48:19 AM
 #52

I have never seen one in person at least that is what I am led to believe
However one cannot be absolutely certain  Grin

ShakyhandsBTCer
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June 13, 2014, 01:06:06 AM
 #53

It is probably not a good idea to advertise the fact that you have a million dollars (worth of bitcoin or in cash/in the bank).

Doing so would make yourself a target for hackers.

To answer the OPs original question, yes I have an acquaintance who is a bitcoin millionaire, he still lives a very modest lifestyle.
Cranky4u
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June 13, 2014, 01:11:31 AM
 #54

Oh, can't forget about that guy bought the pizza for 10,000 btcs. 
Poor bastard.

Quite the contrary. At the time, it was a good deal and it bought the BTC community a lot of physical world publiscity. BTC would not be as widely known today if it wasn't for that infamous pizza purchase.

Has anyone done a follow up article on the shop that accepted the coins? 10KBTC @ $500 now that's a story!

ShakyhandsBTCer
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June 15, 2014, 06:14:11 AM
 #55

Oh, can't forget about that guy bought the pizza for 10,000 btcs. 
Poor bastard.

Quite the contrary. At the time, it was a good deal and it bought the BTC community a lot of physical world publiscity. BTC would not be as widely known today if it wasn't for that infamous pizza purchase.

Has anyone done a follow up article on the shop that accepted the coins? 10KBTC @ $500 now that's a story!

It was not a shop that accepted the coins it was a person on these forums that traded the coins and called the pizza shop and gave them his credit card number.

I think he was actually in England when he called but I may be mistaken about this.
beetcoin
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June 15, 2014, 06:23:06 AM
 #56

i wonder when we will hear of our first kidnapping for ransom (for bitcoins). it would make releasing your victim a lot easier, since you don't need to be in-person to make the bitcoin exchange.
DrG
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June 15, 2014, 06:28:31 AM
 #57

those that brag about their riches are usually naive people that are not used to being wealthy. and usually find in 20 years time their riches would have evaporated..

thos smart enough to have always been wealthy and increase their wealth would not brag about it, nor tell anyone how to also bcome wealthy (avoid future competition), plus as lethn said avoid unwanted attention from scammers.

i have seen too many polls asking for how much people have and what client programs they us etc, all part of th schme for people to target the rich. so dont pretend it doesnt happen.

people like warren buffet will tell people not to buy things, so that he can buy cheaply without competition. then when h is ready to sell, he will tell people to buy so that he can sell without causing a price drop.

you will find the rich and wealthy people tell you the opposite to what you want to hear.

Warren Buffet - the original Trollbox.  I don't trust anything coming out of that 2-faced lying weasel's mouth.

I was a millionaire... until I bought this damn pizza.
SirChiko
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June 15, 2014, 06:31:29 AM
 #58

Even if i would be milionare i'd try to hide it, it's called fear of your own safety and safety of your surroundings.

The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes.  This is not paid AD!

▀Check it out yourself▀
TaunSew
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June 15, 2014, 06:58:08 AM
 #59

The problem in being a $Fiat millionaire w/ Bitcoin is you are indistinguishable from all the 'paper millionaires' these days.  Any boozoo these days can get a leased BMW from the bank and people can max out their mortgages to get a McMansion.   Who are you going to impress if the Jones' will take debt to look wealthier than you and Bob down the street is none the wiser?





There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
bananahunter67
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June 15, 2014, 08:59:53 AM
 #60

No, I have not.

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