Any bitcoin-turned-millionaires here? - page 2.

TaunSew

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Quote from: pandher on March 22, 2015, 12:05:34 AM

Quote from: odolvlobo on March 21, 2015, 10:20:08 AM

Quote from: futureofbitcoin on March 21, 2015, 08:35:29 AM

Quote from: ?? on ??

Quote from: futureofbitcoin on March 21, 2015, 07:23:14 AM

1 million will not buy you a very nice private island. You guys overestimate the term "millionaire". It's no longer what it was in 1950.

I find the term millionaire funny. In here, India, you can find most middle class families having properties worth several millions. You cant say looking at them how much money have they stashed away. Heck, i own agricultural land here worth a million US dollars. We dont find the term millionaire exciting much. The term has lost the value

1 million USD in India? Middle class?

1 million USD isn't a lot in New York or London or Paris or Tokyo. In India with several million? I highly doubt you can say they're middle class.

Rupees are used in India. 1 million rupees are worth only 61 BTC.

I am infact talking about US dollars

There are only 15,000 millionaires in India and counting their dependents we are talking about 75,000 - 150,000 people in a country of over a billion. Otherwise India's millionaire households are only 0.000056% of the total population. Middle class is often defined as 40%-50% in developed countries and 10%-30% in the developing world. So millionaires are not middle class in India.

https://www.youtube.com/watch?v=Xl0b2LGf9jM

I think pandher has been watching too much YouTube Grin

Mr.K

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Quote from: networthsigns on March 21, 2015, 06:23:43 AM

Quote from: itsAj on March 21, 2015, 06:08:13 AM

Yes there was a few very early adopters who became instant millionaires I think there is a documented list some where of a few of them.

I would like to see this list if anyone can get it, Yes op there must be many who became millionaires just think how many they needed for that on a safe side if they held 10,000 which at one point was not a lot take a look at the pizza thread lol Then they only needed to keep back a couple of thousand for when the bubble came months later and that was the millionaires move.

How many held that long there must have been quite a lot i would have held at least 1/4 while rising and i am sure others would have done the same and more than likely more, oh how great would that be lool

maybe the Bitcoin supporters could,they got a lot of BTC in the early period and held them tight.

innocent93

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Quote from: blablaace on March 21, 2015, 01:24:40 PM

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 :-)

You have been mining since 2010? So no doubt you must be a millionaires now. In 2010, you can mine a lot of Bitcoin simply with a graphics card and that amount of Bitcoin is very valuable today.

bobbo54113

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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...

pandher

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Stagnation is Death

Quote from: odolvlobo on March 21, 2015, 10:20:08 AM

Quote from: futureofbitcoin on March 21, 2015, 08:35:29 AM

Quote from: ?? on ??

Quote from: futureofbitcoin on March 21, 2015, 07:23:14 AM

1 million will not buy you a very nice private island. You guys overestimate the term "millionaire". It's no longer what it was in 1950.

I find the term millionaire funny. In here, India, you can find most middle class families having properties worth several millions. You cant say looking at them how much money have they stashed away. Heck, i own agricultural land here worth a million US dollars. We dont find the term millionaire exciting much. The term has lost the value

1 million USD in India? Middle class?

1 million USD isn't a lot in New York or London or Paris or Tokyo. In India with several million? I highly doubt you can say they're middle class.

Rupees are used in India. 1 million rupees are worth only 61 BTC.

I am infact talking about US dollars

nachoig

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Quote from: franky1 on March 21, 2015, 04:24:22 AM

hoarding just 623 bitcoin makes you have the equivalent of 1 million chinese yuan

hoarding just 39 bitcoins makes you have the equivelent of 1 million american cents

hoarding just 3900 bitcoins makes you have the equivelent of 1 million american dollars

.. so being a bitcoin millionaire based on a fiat conversion is VERY VERY easy.

there are a few people that have had 1 million actual bitcoins pass their hands.

and only a couple that presumably have upto a million coins hoarded (though i personally think satoshi only mined half a million coins)

This.

BTW, I have some millions now too... in satoshi. Grin

kinnu

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People who adopted bitcoins early will definitely millionaires

jh0w4n1z

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yes his name is Satoshi and only a couple that presumably have upto a million coins hoarded (though i personally think satoshi only mined half a million coins)

Nowi

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Quote from: ajareselde on March 21, 2015, 01:27:39 PM

Most of people who earned alot in the bitcoins last bubble were not casual bitcointalk members, and probably had more info on what is going to happen and when.
I think most older users here, myself included earned a nice bunch, but not even near to a million.
When u buy something for 10-20 $, when it comes above 200$, its hard to resist not to sell, so most people just sold too early, and i think it will happen again if bitcoin gets another bubble.

Its true, maybe someone who wants to risk so much can hold it long time, but most of the normal people who are probably users of talk do this as soon they have BTC to sell.

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Most of people who earned alot in the bitcoins last bubble were not casual bitcointalk members, and probably had more info on what is going to happen and when.
I think most older users here, myself included earned a nice bunch, but not even near to a million.
When u buy something for 10-20 $, when it comes above 200$, its hard to resist not to sell, so most people just sold too early, and i think it will happen again if bitcoin gets another bubble.

cheers

blablaace

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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 :-)

Amph

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Quote from: Wendigo on March 21, 2015, 04:01:20 AM

I doubt it that the early adopters that became millionaires are still lurking around on this forum and rather having the time of their lives partying.

some of them lost all coins, like the one that lost million with his HDD being destroyed in the rubbish dump, other simply bought something like cought pizza cought, and others sold them all when they were pretty cheap

Soros Shorts

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Quote from: The Bitman on March 21, 2015, 11:37:24 AM

Not a millionaire, but in the summer of last year I found 10 coins on a wallet I had from when I first heard about BTC and I sold them for just over $10,000. Not a huge amount of money to some, but did enough for me so I could spoil myself and treat myself to a very nice new laptop and a short holiday.

Who was the sucker who paid $10K for 10 BTC last summer? I have some coins I'd like to sell him.

Tomatocage

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brb keeping up with the Kardashians

No idea what you're talking about, man. I lost all my gold/silver/Bitcoins in a boating accident.

Vhawk23

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In my Country.... Yes
Bitcoin here is 2-3 Million Grin

So... yup, i live in Indonesia Grin

The Bitman

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Not a millionaire, but in the summer of last year I found 10 coins on a wallet I had from when I first heard about BTC and I sold them for just over $10,000. Not a huge amount of money to some, but did enough for me so I could spoil myself and treat myself to a very nice new laptop and a short holiday.

odolvlobo

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Quote from: futureofbitcoin on March 21, 2015, 08:35:29 AM

Quote from: ?? on ??

Quote from: futureofbitcoin on March 21, 2015, 07:23:14 AM

1 million will not buy you a very nice private island. You guys overestimate the term "millionaire". It's no longer what it was in 1950.

I find the term millionaire funny. In here, India, you can find most middle class families having properties worth several millions. You cant say looking at them how much money have they stashed away. Heck, i own agricultural land here worth a million US dollars. We dont find the term millionaire exciting much. The term has lost the value

1 million USD in India? Middle class?

1 million USD isn't a lot in New York or London or Paris or Tokyo. In India with several million? I highly doubt you can say they're middle class.

Rupees are used in India. 1 million rupees are worth only 61 BTC.

Hazir

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★Nitrogensports.eu★

Quote from: Natalia_AnatolioPAMM on March 21, 2015, 04:02:21 AM

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.

futureofbitcoin

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Quote from: gentlemand on March 21, 2015, 09:27:12 AM

Quote from: drawingthesun on March 21, 2015, 01:53:43 AM

Most active accounts that have been around and active since 2010 and 2011 probably have made a million or two from Bitcoin.

You'd have to be pretty heroic to have been around since those days and not sold out or been ravaged by the countless scams and failures.

Or you could've forgotten about it completely in your wallet

gentlemand

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Welt Am Draht

Quote from: drawingthesun on March 21, 2015, 01:53:43 AM

Most active accounts that have been around and active since 2010 and 2011 probably have made a million or two from Bitcoin.

You'd have to be pretty heroic to have been around since those days and not sold out or been ravaged by the countless scams and failures.

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