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Topic: Have you personally seen a bitcoin millionaire? - page 4. (Read 4737 times)

member
Activity: 92
Merit: 10
I paid taxes because all my money goes through my American bank account.  I don't want to go to jail.

Why would you go to jail? You couldve just kep the money in btc and not had to pay any taxes.

The student loans need to be paid off in dollars.

And because I think you need to hear this, PAY YOUR TAXES! Mr. Tea
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
Smart millionaires keep their mouths shut and their purchases private. If I hear someone bragging about money, it is typically because they wish they were rich. IMHO.

Let's assume that the person got rich from Bitcoin, having previously lived a modest lifestyle. People would surely start to notice the new car, house, whatever. Would take a lifetime to launder otherwise, literally.
newbie
Activity: 20
Merit: 0
Hello my name is Richard and i'm not a millionaire.Thank god!
sr. member
Activity: 338
Merit: 250
You're probably more likely to meet one here than in real life.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
I'm sure he would not want me to say his name. But I can think of someone who's mine I have visited. At the time BTC were maybe a few bucks, and he was holding something like 30,000BTC. I think he now lives in a secret compound on the moon.
I guess a true BTC millionaire would have a million bitcoins. I don't know anyone like that.
sr. member
Activity: 270
Merit: 250
I paid taxes because all my money goes through my American bank account.  I don't want to go to jail.

Why would you go to jail? You couldve just kep the money in btc and not had to pay any taxes.
newbie
Activity: 33
Merit: 0
I paid taxes because all my money goes through my American bank account.  I don't want to go to jail.
full member
Activity: 166
Merit: 100
Just read their stories on Reddit. It's kinda thrilling.

What reddit are these on? The bitcoin one?
hero member
Activity: 840
Merit: 509
Just read their stories on Reddit. It's kinda thrilling.

I suspect those are mostly fantasists.
member
Activity: 97
Merit: 10
Just read their stories on Reddit. It's kinda thrilling.
sr. member
Activity: 448
Merit: 250
My daughter.  She got me into bitcoin mining in early 2011.  We made a lot of money together.  I paid off her student loans with it.  I bought a snowblower with bitcoins. Otherwise we are just holding out for the second million dollars.

I also paid a lot of taxes on the coins I sold for dollars.

You made a million and all you did was pay off student loans and buy a snowblower?  Cheesy
hero member
Activity: 924
Merit: 1001
I'm not a bitcoin millionaire, got in too late, but its always fun to tell people the (true) story that I was able to buy my new range rover with my Litecoin profits (when it hit $50ish).

-B-
newbie
Activity: 48
Merit: 0
Nobody currently hold one million Bitcoins. Anyway, I've met a Fiat millionaire, but not a Bitcoin millionaire. I think they'd want to stay hidden for security reasons.

I think they'll be living like average civilians, so they won't spend all of their wealth.

I thought Satoshi might have over a million? And everybody knows being a bitcoin millionaire means holding a million fiat value in coins. And why would a bitcoin millionaire what to stay hidden any more than a fiat millionaire?

Go to the conferences. You'll meet them there. :-)
hero member
Activity: 840
Merit: 509
Nobody currently hold one million Bitcoins. Anyway, I've met a Fiat millionaire, but not a Bitcoin millionaire. I think they'd want to stay hidden for security reasons.

I think they'll be living like average civilians, so they won't spend all of their wealth.

I thought Satoshi might have over a million? And everybody knows being a bitcoin millionaire means holding a million fiat value in coins. And why would a bitcoin millionaire what to stay hidden any more than a fiat millionaire?
legendary
Activity: 1498
Merit: 1000
I met a couple really big bitcoin millionaires and they were cool, they were normal people. You probably couldn't tell they were millionaires to be honest. One guy told me, he said he still goes to work every day at the same job he just treats it as a hobby and doesn't get too stressed out.

That's a good way to handle it I think. I'd like to think I'd do something similar, but I would like to travel a lot though. Some people go crazy when they come into money quickly and it goes straight to their head. I find it really obnoxious when people brag about their wealth. Meekness is such a virtue with wealth.

I wish I could remember the name but their is a documentary about lottery winners and how most of them end up being poorer than they started off with.

I think most richer people in the community just feel lucky to be able to do whatever they want now, like build bitcoin applications Wink Yes we all want the ferrari, luxury boat and the super model girlfriend (I am still working all three) but in life what is that give you, 3 seconds of pleasure maybe.
newbie
Activity: 33
Merit: 0
My daughter.  She got me into bitcoin mining in early 2011.  We made a lot of money together.  I paid off her student loans with it.  I bought a snowblower with bitcoins. Otherwise we are just holding out for the second million dollars.

I also paid a lot of taxes on the coins I sold for dollars.
full member
Activity: 196
Merit: 100
no, no i have not..
sorry.
hero member
Activity: 644
Merit: 500
Nobody currently hold one million Bitcoins. Anyway, I've met a Fiat millionaire, but not a Bitcoin millionaire. I think they'd want to stay hidden for security reasons.

I think they'll be living like average civilians, so they won't spend all of their wealth.
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
I met a couple really big bitcoin millionaires and they were cool, they were normal people. You probably couldn't tell they were millionaires to be honest. One guy told me, he said he still goes to work every day at the same job he just treats it as a hobby and doesn't get too stressed out.

That's a good way to handle it I think. I'd like to think I'd do something similar, but I would like to travel a lot though. Some people go crazy when they come into money quickly and it goes straight to their head. I find it really obnoxious when people brag about their wealth. Meekness is such a virtue with wealth.
legendary
Activity: 4410
Merit: 4766
those that brag about their riches are usually naive people that are not used to being wealthy. and usually find in 20 years time their riches would have evaporated..

thos smart enough to have always been wealthy and increase their wealth would not brag about it, nor tell anyone how to also bcome wealthy (avoid future competition), plus as lethn said avoid unwanted attention from scammers.

i have seen too many polls asking for how much people have and what client programs they us etc, all part of th schme for people to target the rich. so dont pretend it doesnt happen.

people like warren buffet will tell people not to buy things, so that he can buy cheaply without competition. then when h is ready to sell, he will tell people to buy so that he can sell without causing a price drop.

you will find the rich and wealthy people tell you the opposite to what you want to hear.
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