Topic: Any bitcoin-turned-millionaires here? (Read 4343 times)
Hopefully within 10 years
Sure, probably a lot of people hit 1 million USD in Bitcoin when the price was over 1000 USD per coin. Does being a millionaire for a week count?
Not yet, but one day I hope to be.
As do all of us
man i sure wish i was.. im hating life atm
seems not to hard to become a millionaire with this roller-coaster 
No, if you have already 50.000 BTC or more and you acquired it in the early days of bitcoin. And I think even if there are some rich bitcoiners here they not necessary want to reveal themselves. I wouldn't brag about it either.
I bet there're lots of people like that. And i agree- they don't tend to revel themselves. what for ?
Most active accounts that have been around and active since 2010 and 2011 probably have made a million or two from Bitcoin.
Most active accounts? I guess I did something wrong then. I had many bitcoins at some point, but I spent a lot of them & lost some of them. Many others bought stuff and made some bad decisions too.
However I was almost broke when I started using Bitcoin and made a decent amount of money in this rollercoaster.
I think a lot of people sold too soon or got scammed.
I got into Bitcoin around $10 but lost most of it on scams...
Most active accounts that have been around and active since 2010 and 2011 probably have made a million or two from Bitcoin.
Most active accounts? I guess I did something wrong then. I had many bitcoins at some point, but I spent a lot of them & lost some of them. Many others bought stuff and made some bad decisions too.
However I was almost broke when I started using Bitcoin and made a decent amount of money in this rollercoaster.
I am infact talking about US dollars
So, fix the title.
Millions of a random currency (yes, US dollar is a random currency here too) doesn't necessarilly means something. Rich =! millionaire. In this sense, being a millionare in gold or silver would be much better.
As the title says, just interested, are there people on the forums who became millionaires due to BTC alone?
Yeah, that guy rpietila for instance, he got lucky enough to be able to buy a castle for himself, that should tell you how much he made.
I'm not, but there are thousands here.
Since we're still in early adoption phase, yes.
I been mining since 2010 and never sold any btc .. do the math :-) .. but nobody is going to admit to being a millionaire on here or they're gonna have the IRS banging on their door :-)
take a fly ... do the all ATM BTC to Cash over the world (especially in swiss), done.
I am pretty sure all the early adopters did.
Maybe the guy that sold laszlo the pizza? 10000 BTC is about 3 million right now...
Maybe the guy that sold laszlo the pizza? 10000 BTC is about 3 million right now...
I read an interview with the guy that sold laszlo the pizza. He said he had no big amount of bitcoins when they became worth a fortune. He traded a tiny amount and sold them for $1000. According to him that's all he got out of it, apart from the two pizzas.
I don't know how much laszlo made out of his 10000 BTC though.
Can you report here the link of this interview? I would like to read it. However I have discovered bitcoin few years ago (in 2012) but I thought it was only a 'scam' and never thought it would succeed as a lot of people. So I have never bought or mine it
, but who car es?This is still an experiment and I am here for discover this new economy.Here an interesting thread of : rpietila (https://bitcointalksearch.org/topic/distribution-of-bitcoin-wealth-by-owner-316297)
Quote
TL;DR: As a result of analyzing the "Mt.Gox leak", the number of bitcoin holders is likely 1.0 millions. Of these,
* the 400 bitcoin millionaires with at least BTC2,000 hold 40% of bitcoins.
* 100,000 owners with BTC10-BTC2,000 ($5,000-$1,000,000) hold 50% of the bitcoins.
* 900,000 owners have a holding of BTC0.002-BTC10, valued at $1-$5,000, and hold 10% of the bitcoins
* the 400 bitcoin millionaires with at least BTC2,000 hold 40% of bitcoins.
* 100,000 owners with BTC10-BTC2,000 ($5,000-$1,000,000) hold 50% of the bitcoins.
* 900,000 owners have a holding of BTC0.002-BTC10, valued at $1-$5,000, and hold 10% of the bitcoins
I might have got my facts slightly wrong, or read an earlier version of this article, or a completely different one. However, this article says he sold his remaining bitcoins for $4,000.
http://bits.blogs.nytimes.com/2013/12/22/disruptions-betting-on-bitcoin/?_r=0
Mr. Hanyecz, for his part, has given up mining. With so many people trying to create Bitcoins, and the entire process becoming more difficult, the cost of running mining computers, in terms of the electricity bill alone, has soared.
Any regrets about those pizzas?
“No, not really,” Mr. Hanyecz said. He sold the rest of his Bitcoins as the price approached $1, netting him about $4,000. “That was enough to get a new computer and a couple of new video cards,” he told me, proudly. “So I’d say I ended up on top.”
Email: [email protected]
Correction: December 23, 2013
An earlier version of this article at one point misstated the surname of Laszlo Hanyecz. It is Hanyecz, not Hanycez.
waiting for 1btc worth 100k
i have 10
i have 10
I am pretty sure all the early adopters did.
Maybe the guy that sold laszlo the pizza? 10000 BTC is about 3 million right now...
Maybe the guy that sold laszlo the pizza? 10000 BTC is about 3 million right now...
I read an interview with the guy that sold laszlo the pizza. He said he had no big amount of bitcoins when they became worth a fortune. He traded a tiny amount and sold them for $1000. According to him that's all he got out of it, apart from the two pizzas.
I don't know how much laszlo made out of his 10000 BTC though.
Can you report here the link of this interview? I would like to read it. However I have discovered bitcoin few years ago (in 2012) but I thought it was only a 'scam' and never thought it would succeed as a lot of people. So I have never bought or mine it
, but who car es?This is still an experiment and I am here for discover this new economy.Here an interesting thread of : rpietila (https://bitcointalksearch.org/topic/distribution-of-bitcoin-wealth-by-owner-316297)
Quote
TL;DR: As a result of analyzing the "Mt.Gox leak", the number of bitcoin holders is likely 1.0 millions. Of these,
* the 400 bitcoin millionaires with at least BTC2,000 hold 40% of bitcoins.
* 100,000 owners with BTC10-BTC2,000 ($5,000-$1,000,000) hold 50% of the bitcoins.
* 900,000 owners have a holding of BTC0.002-BTC10, valued at $1-$5,000, and hold 10% of the bitcoins
* the 400 bitcoin millionaires with at least BTC2,000 hold 40% of bitcoins.
* 100,000 owners with BTC10-BTC2,000 ($5,000-$1,000,000) hold 50% of the bitcoins.
* 900,000 owners have a holding of BTC0.002-BTC10, valued at $1-$5,000, and hold 10% of the bitcoins
I am pretty sure all the early adopters did.
Maybe the guy that sold laszlo the pizza? 10000 BTC is about 3 million right now...
Maybe the guy that sold laszlo the pizza? 10000 BTC is about 3 million right now...
I read an interview with the guy that sold laszlo the pizza. He said he had no big amount of bitcoins when they became worth a fortune. He traded a tiny amount and sold them for $1000. According to him that's all he got out of it, apart from the two pizzas.
I don't know how much laszlo made out of his 10000 BTC though.
Strange. Most people tend to overhold. I know many people who during the stock market booms made quite a bit of money, got addicted and put more and more money in, until poof the companies they invested in go bankrupt, or internet bubble, or 2008.
Different psychology though. That probably counts for someone who bought in in the last couple of years, but a very early adopter would have effectively paid nothing for their coins. If your nothing turned into several thousand dollars but the whole thing was still tiny and fragile, you'd be very hard pressed not to realise some gains.
Strange. Most people tend to overhold. I know many people who during the stock market booms made quite a bit of money, got addicted and put more and more money in, until poof the companies they invested in go bankrupt, or internet bubble, or 2008.
BTW that 2030 india vid is pretty funny. +1
BTW that 2030 india vid is pretty funny. +1
Reading through page by page of posts i have to agree that probably the temptation of seeing the coins rise from a mere few cents going to dollars will be too hard to resist on not to sell. But i think true bitcoin believers will most probably hold on no matter what the price is. And I'm sure there are a few who even though have sold a bunch would still be keeping a few hundreds in their account.
yes his name is Satoshi
With the amount of coins he had he would have been a millionaire but as he has not touched them for 5+years makes you wonder was he already a millionaire who never needed the money, if so then Bitcoin never made him a millionaire because he was already one.
It could have made him a billionaire if some how he managed to sell all million + coins for the high of 1000 which is unlikely and he never anyway.
It would have definitely created millionaires and could have made a hole lot more but i bet there are many who could have been but unloaded about 20-50 dollars that must suck
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