Any bitcoin-turned-millionaires here? - page 3.

futureofbitcoin

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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.

Q7

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I think what OP is trying to ask is whether there are any millionaires here who profited during the bitcoin boom, not trying to ask whether there's any chance for any of you guys holding onto bitcoin whether you will becomes millionaires. Never mind. I'm sure the question is 'yes'. There are lots of early adopters here and even if few of them have already made millions, might not be so kind as to let you know on the information.

futureofbitcoin

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Quote from: Kprawn on March 21, 2015, 07:06:45 AM

I made 1 Billion Zim Dollar a while ago, does that count. Roll Eyes

The people who are millionaires from Bitcoin will not waste their time here.... They sipping Mojito's on their private islands. Grin

Nothing wrong with having ambitions..... Huh

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 would say to live a "typical" "millionaire lifestyle" you probably need at the very least 30-50 million dollars.

There aren't that many 30-million bitcoiners, and even those who really are the really early adopters that have 100k+ bitcoins, it's simply not liquid enough to afford them that kind of a lifestyle. At most they can buy a pretty nice house/apartment in a major city and retire, likely they'll still be interested in bitcoin's progress.

majorminers

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God no. Not I. Grin

Kprawn

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I made 1 Billion Zim Dollar a while ago, does that count. Roll Eyes

The people who are millionaires from Bitcoin will not waste their time here.... They sipping Mojito's on their private islands. Grin

Nothing wrong with having ambitions..... Huh

networthsigns

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Quote from: CrackedLogic on March 21, 2015, 06:53:14 AM

We're all millionaire's...in 50 years time. Bitcoin maybe not be a lot now, but once you cash our later it's going to be worth a lot.

That is nice to know, i won't become a millionaire but my babys have a chance to break the cycle and gain financial freedom, what else could i want, that would make me happier than if i received it.

Who knows though maybe it can just as easy turn the other way and crash to nothingness.

Op i am sure we have many people who became millionaires and just as sure as many would have been but ended up selling their stacks far to early like the 2.6million pizza man at one point them pizza's were worth 10+million lol

Mehek

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I wont think so that anyone did but I guess that on satoshidise some peoples really did

futureofbitcoin

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Quote from: Angelina Jolie on March 21, 2015, 06:45:36 AM

Quote from: FuckIdolPlus on March 21, 2015, 12:10:32 AM

As the title says, just interested, are there people on the forums who became millionaires due to BTC alone?

By 2020, when bitcoin will be 10k USD, there will be many bitcoin millionaires around...

At 10k/ea, that's about 40x the current amount. If you buy in today, you need 25k USD to become a millionaire.

It's not likely that there will be a lot of people who have 25k USD to spare for bitcoin, while not having a significant networth to begin with.

Not sure how many are left who bought in at a significantly cheaper price.

CrackedLogic

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We're all millionaire's...in 50 years time. Bitcoin maybe not be a lot now, but once you cash our later it's going to be worth a lot.

Angelina Jolie

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Global Risk Exchange - gref.io

Quote from: FuckIdolPlus on March 21, 2015, 12:10:32 AM

As the title says, just interested, are there people on the forums who became millionaires due to BTC alone?

By 2020, when bitcoin will be 10k USD, there will be many bitcoin millionaires around...

Bizmark13

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Well there's this man who probably posted or at least lurked back in the very early days of this forum:

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

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 cents

I think you mean "1 million dollars" since 3,900 BTC is equal to 1,018,000 USD according to Preev.

networthsigns

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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

itsAj

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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.

calme

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Quote from: futureofbitcoin on March 21, 2015, 04:16:37 AM

Having never studied psychology, and probably having a very low EQ, I disagree.

Perhaps you're right. Even I have long thought that money makes you more of what you already are. It's the "more greedy" part which sucks though.

franky1

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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)

futureofbitcoin

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Having never studied psychology, and probably having a very low EQ, I disagree.

I think that people don't really change because of money. The people who are down to Earth and don't show off wouldn't do so whether they have $1 or $10,000,000, whereas people who always have a need to be better than others will always try to push their successes, no matter how small, in other people's faces. Some people love to be in the spotlight, some people want to avoid it.

This is your personal tendency, it doesn't change because you suddenly have a lot of money. In fact, having money allows people who couldn't be in the spotlight before, who couldn't show off before to do so. It'd be harder to hold it in if you really were successful.

Besides, just because you have lots of money doesn't make you intelligent/high class or whatever. You really have to prove your worth in order for other successful people to accept you. They won't do so simply because you basically won the lottery.

innocent93

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Quote from: OpenOcean on March 21, 2015, 01:40:44 AM

Not yet, but one day I hope to be.

It happened and doesn't happen twice, for those who bought Bitcoin early in 2010 ~2012, they must now be millionaires? Who turned them millionaires? us, we came later and bought their cheap Bitcoin with a much higher price. I don't think Bitcoin would rise for another thousand time in the next and turn us millionaires, and that is why I say it doesn't happen twice.

calme

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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.

Upon becoming rich, there is probably some psychological wall that pops up which causes them to tend toward lurking rather than communicating, and that psychology is probably further increased if they start splashing around in private whale pools.

Natalia_AnatolioPAMM

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seems not to hard to become a millionaire with this roller-coaster

Wendigo

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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.

Topic: Any bitcoin-turned-millionaires here? - page 3. (Read 4370 times)