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Topic: Can bitcoin make someone the richest in the world? - page 3. (Read 2411 times)

full member
Activity: 630
Merit: 100
XIRCUS
Of course there are, there are already many people in this world who are rich because of investing in bitcoin.  if we look at the price of bitcoin at first it was only $ 1 but now the price of bitcoin has reached $ 45k.  it was so amazing.  People who have long invested in bitcoin are certain to become rich.
full member
Activity: 274
Merit: 100
 why not once this person withdraw money he will be the richest
full member
Activity: 1022
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$CYBERCASH METAVERSE
Why not? already there are so many people having many more bitcoin on their hand and think how much $ USD they are belonging. Satoshi nakamoto  he himself has a lot of bitcoin . If you have BTC you are millinior oviusly
sr. member
Activity: 840
Merit: 255
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Ofcourse,But too be beyond any doubt hazard calculate moreover there, that turned out to be a intense challenge and controlled numerous from being the wealthiest through bitcoin, but most as of late Elon musk company detailed contributing over a billion dollars in bitcoin, the enormous bosses have begun to take note, the cost of bitcoin has skyrocketed, in spite of the fact that it cant claim anybody will be wealthiest with bitcoin but I can say numerous individuals are getting wealthy with bitcoin, Bitcoin made more wealthy individuals. In any case, maybe numerous individuals will not uncover their funds with bitcoin as this is often still an region where governments need to control and build up charges.
copper member
Activity: 54
Merit: 1
yes of course, That person was Satoshi Nakamoto and the founder of bitcoin he was having more than billion of bitcoin in his hand.
legendary
Activity: 2338
Merit: 1084
zknodes.org
Bitcoin has only been in the market for about a decade, so we can safely say it's still in its infancy as of the moment. Nonetheless, what we could guarantee is that it will open doors for everyone who invests in it, especially now that more and more people are getting into the train. It may not make someone the richest person on the planet, but it can definitely aid in making everyone who invests in it rich. Which I believe is better than just having one person at the top.
~snip~
Such established individuals will do everything they can to retain their status and position in the society, that is a bigger problem for people who would want to become the richest through bitcoin in my opinion.
Elon Musk takes advantage of all kinds of opportunities to make himself more known and increase his wealth assets. For example, with Bitcoin. Ordinary people will not be able to become the richest in the world with just bitcoin because people above like Elons Musk do have to maintain their position. just look at his twitter followers has reached 46 million followers and that's amazing, he is able to control the price of bitcoin or other altcoins easily with just his twitter.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
So lets make some calculation.

Let say you do own 21M of Bitcoin on its current price then you would be having 1 Trillion US dollars but well this is impossible of owning those 21m coins.

Also those richest man in the world isnt really that too far off.

Rank   Billionaire   Wealth (Jan 6, 2021)
#1   Elon Musk   $188 billion
#2   Jeff Bezos   $184 billion
#3   Bill Gates   $132 billion
#4   Bernard Arnault   $114 billion
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
Bitcoin has only been in the market for about a decade, so we can safely say it's still in its infancy as of the moment. Nonetheless, what we could guarantee is that it will open doors for everyone who invests in it, especially now that more and more people are getting into the train. It may not make someone the richest person on the planet, but it can definitely aid in making everyone who invests in it rich. Which I believe is better than just having one person at the top.
Being the richest in the world with bitcoin, I don't think I can. Who will compete with Elon Musk as the richest person in the world today. Even the elon company Tesla bought $ 1.5 Million in Bitcoin.
To become the richest in your neighborhood or in your country you probably still can, but you must have a lot of bitcoins from the past when the bitcoin price was under $ 1 and can hold it to this day.

The richest people in the world do not only rely on bitcoin, but have made a lot of investment, they have built many companies, so it is not only from bitcoin that they are the source of their wealth. Bitcoin is only a small part according to them.
Such established individuals will do everything they can to retain their status and position in the society, that is a bigger problem for people who would want to become the richest through bitcoin in my opinion.
legendary
Activity: 2338
Merit: 1084
zknodes.org
Being the richest in the world with bitcoin, I don't think I can. Who will compete with Elon Musk as the richest person in the world today. Even the elon company Tesla bought $ 1.5 Million in Bitcoin.
To become the richest in your neighborhood or in your country you probably still can, but you must have a lot of bitcoins from the past when the bitcoin price was under $ 1 and can hold it to this day.

The richest people in the world do not only rely on bitcoin, but have made a lot of investment, they have built many companies, so it is not only from bitcoin that they are the source of their wealth. Bitcoin is only a small part according to them.
newbie
Activity: 28
Merit: 0
If we are talking about investing now in bitcoin, I think it can't make someone richest in the world, because it is too expensive now to buy BTC for ~47k dollars, but if someone invested a lot of money in bitcoin like in 2009-2011 period, then it will be the richest in the world.
newbie
Activity: 24
Merit: 0
No doubts, by 2030 Satoshi Nakamoto will be the richest person in the world. We will live in a very interesting world, by that time Bitcoin will cost $1000000 and 1 satoshi will be $1.  Cool
ukw
sr. member
Activity: 616
Merit: 250
I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.

With such jumps in the price of Bitcoin, any Bitcoin holder can become very rich. There are many people who gather wealth in various ways and cryptocurrencies will prove to be one of the newest ways to do this.

This can be seen in the growing interest in them BTCBTCBTC
hero member
Activity: 1750
Merit: 589
I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.
I think Bitcoin or crypto could make a person rich but not the richest in their country or in the world.
It could only happen if someone who is already super rich would convert their money or everything into Bitcoin and the price after they done it would go up.
But those rich person wouldn't just rely on it they would only invest partial of their whole asset into crypto they would rather have business that is way more secure on making profit than risking it all in investing in crypto.

This idea is definitely a very possible because as we all know bitcoin is one of the most big deal thing today. Because of its value and all time high records, most of the people are amazed and want to invest to it right now. For me, it is not too late to invest in bitcoin but you need to have a good, better and enough understanding in order for you to have a meaningful, and profitable journey in bitcoin. If your goal is to become rich in bitcoin, you will not able to achieve it if you only focus on the profit or earnings, you must also improve yourself, decision making and as well as your savings. Be wise and be smart in everything and all of your hardwork will be harvest in the future. You will get rich.
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.
I think Bitcoin or crypto could make a person rich but not the richest in their country or in the world.
It could only happen if someone who is already super rich would convert their money or everything into Bitcoin and the price after they done it would go up.
But those rich person wouldn't just rely on it they would only invest partial of their whole asset into crypto they would rather have business that is way more secure on making profit than risking it all in investing in crypto.
sr. member
Activity: 700
Merit: 250
In my honest opinion, it could make someone the richest in the world but you would have a lot of money too in fiat to invest then because how will you buy bitcoin without fiat money. Just like Elon Musk, he bought bitcoin in a huge amount of money wherein no one with a mediocre status could have that amount to spend just to buy bitcoin because it is a gamble and an investment.
member
Activity: 476
Merit: 10
Student Coin
Investing in bitcoin is a gambling you cannot predict what will be the price in future or every year but Im pretty sure that its price gonna be hit a hundred thousand dollars ,as of now many influencer uses crypto and currently most influencer now enter in crypto example elon musk the man behind of tesla product there are some news about he was planning to use bitcoin for payment about his product and much at all he talking about doge so he gave an impact about the price of it just look at the market when he was started to post about it.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
it's already happened  look at Elon Musk
No it didn't Elon was first introduced as the richest man before the Tesla's 1.5 billion USD bitcoin purchase. Technically if you own 5 million bitcoin, you can surpass Elon's network by around 2 folds so in technical aspect, bitcoin can make you the richest person in the world. The only problem is how can you cash out all those bitcoin to make more money to have your title as the richest person in the world stay.
hero member
Activity: 938
Merit: 502
I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.

In my opinion, at least in the near future, this is not very likely.

Even if Bitcoin reaches $ 100,000 next year, as some estimates suggest, this is still not very likely.

The largest wallet at the moment has 168,791 BTC.

And the richest man so far is Elon Musk with 188 billion, which is equal to 1 880 000 BTC (if the price is 100 000$/BTC)  Grin
sr. member
Activity: 897
Merit: 284
I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.
It has already made many billionaire. All founders of top 10 exchages, and so many anonymous whales all are rich because of Bitcoin.
full member
Activity: 274
Merit: 100
it's already happened  look at Elon Musk
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