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Author Topic: 15-Year-Old Makes $100,000 on Bitcoin  (Read 8598 times)
onlinepro
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June 21, 2014, 11:37:02 AM
 #141

Smart kid, but he made 1 mistake, he should have holded at least some of his coins.
Or does his website accept coins?

magnet007
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June 21, 2014, 04:29:35 PM
 #142

nice investment....

gloryninja
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June 21, 2014, 04:50:51 PM
 #143

Great lad,

guy got his own company and doing good!


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RepublicSpace
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June 21, 2014, 06:01:50 PM
 #144

I love the deal he made with his parents, if he makes 1 million before 18 he doesn't have to go to college.
ShakyhandsBTCer
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June 21, 2014, 09:23:27 PM
 #145


I find it interesting that there were several threads on this forum shortly before this story came out that were asking if someone under 18 could trade bitcoin on an exchange
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June 22, 2014, 05:24:15 AM
 #146

a very right decision to buy bitcoin when inherited from her grandmother,
he may have become a rich man now Grin


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bryant.coleman
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June 22, 2014, 06:41:47 AM
 #147

I love the deal he made with his parents, if he makes 1 million before 18 he doesn't have to go to college.

So what do you think? He will sit at home with just school education? He will go to college, but will be free to chose the subject he want. Or he could do some correspondence course from home.  Grin
rext
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June 22, 2014, 10:00:55 AM
 #148

Anyway hats off to him. Well done kid. Smiley
InwardContour
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June 22, 2014, 11:50:13 PM
 #149

I love the deal he made with his parents, if he makes 1 million before 18 he doesn't have to go to college.

So what do you think? He will sit at home with just school education? He will go to college, but will be free to chose the subject he want. Or he could do some correspondence course from home.  Grin

He will likely not need to to college if his business is successful enough.

Many successful business owners either did not go to college or they dropped out of college.
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June 23, 2014, 12:43:31 AM
 #150

Good for him! Not many 15 year old kids would have the vision, focus, or commitment to start their own business. he is gaining incredible skills and experience for someone his age, definitely going to be successful in life.

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Riniaiokl
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June 23, 2014, 10:34:00 AM
 #151

Good luck to him. I hope he's done his research, this has been tried a few times before and failed.
onlinepro
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June 23, 2014, 10:36:53 AM
 #152

Did he buy at ~1$ and sell at ~100$?
If he would have holded till 1000$ he would have that million dollar now Tongue

Riniaiokl
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June 23, 2014, 10:40:45 AM
 #153

TBH not sure how far $100k will go to pay developers to maintain and add features to a site like this, if that's his bankroll he needs to be making money pretty quick off the bat.
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June 23, 2014, 10:44:59 AM
 #154

Still, it's pretty darn amazing what kids can do these days.
ShakyhandsBTCer
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June 24, 2014, 04:00:38 AM
 #155

Did he buy at ~1$ and sell at ~100$?
If he would have holded till 1000$ he would have that million dollar now Tongue

I think he bought at around $10 and sold around $1,000
IamCANADIAN013
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June 24, 2014, 04:52:21 AM
 #156

TBH not sure how far $100k will go to pay developers to maintain and add features to a site like this, if that's his bankroll he needs to be making money pretty quick off the bat.

Good point.  Even if he does make that million by 18, he should still go to college.  1 million at that age isn't a lot of money considering how long he has to live.  Kid seems pretty damn smart though, so I'm sure he will figure it out. 

I'd still head to college though, who knows the valuable connections he could make while there.
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June 25, 2014, 08:40:10 AM
 #157

TBH not sure how far $100k will go to pay developers to maintain and add features to a site like this, if that's his bankroll he needs to be making money pretty quick off the bat.

Good point.  Even if he does make that million by 18, he should still go to college.  1 million at that age isn't a lot of money considering how long he has to live.  Kid seems pretty damn smart though, so I'm sure he will figure it out. 

I'd still head to college though, who knows the valuable connections he could make while there.

1,000,000$ well invested at 18 is huge but if he is using it to live, it isn't that much anymore

He will meet friends and learn things on life in college

ShakyhandsBTCer
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June 26, 2014, 05:01:19 AM
 #158

TBH not sure how far $100k will go to pay developers to maintain and add features to a site like this, if that's his bankroll he needs to be making money pretty quick off the bat.

Good point.  Even if he does make that million by 18, he should still go to college.  1 million at that age isn't a lot of money considering how long he has to live.  Kid seems pretty damn smart though, so I'm sure he will figure it out. 

I'd still head to college though, who knows the valuable connections he could make while there.

1,000,000$ well invested at 18 is huge but if he is using it to live, it isn't that much anymore

He will meet friends and learn things on life in college
College is god for an "experience" but is not necessarily good from an "education" prospective.
CoinMode
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June 26, 2014, 06:06:06 AM
 #159

how lucky him, make 100x profit from bitcoin's increasing price
really envy with early adopters of bitcoin Sad

Don't be envious. Get off your ass and help build the network like he did. No work = No reward
DannyElfman
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June 28, 2014, 08:59:41 PM
 #160

TBH not sure how far $100k will go to pay developers to maintain and add features to a site like this, if that's his bankroll he needs to be making money pretty quick off the bat.

Good point.  Even if he does make that million by 18, he should still go to college.  1 million at that age isn't a lot of money considering how long he has to live.  Kid seems pretty damn smart though, so I'm sure he will figure it out. 

I'd still head to college though, who knows the valuable connections he could make while there.

1,000,000$ well invested at 18 is huge but if he is using it to live, it isn't that much anymore

He will meet friends and learn things on life in college
He has invested it in his business. If his business survives for 5 years, chances are that it will allow him to live off of the business's earnings, if it fails within 5 years then he would not be too old to go to college then and finish school and still have most of his life ahead of him

This spot for rent.
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