Have you personally seen a bitcoin millionaire? - page 4.

Bronstad

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Quote from: Mr Tea on May 30, 2014, 02:09:12 PM

Quote from: DomenicoRomano on May 30, 2014, 02:07:44 PM

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

Cryptopher

legendary

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Keep it dense, yeah?

Quote from: snaxion on May 30, 2014, 12:32:00 PM

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.

claracol

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Hello my name is Richard and i'm not a millionaire.Thank god!

Balls

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You're probably more likely to meet one here than in real life.

RodeoX

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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.

Mr Tea

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Quote from: DomenicoRomano on May 30, 2014, 02:07:44 PM

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.

DomenicoRomano

newbie

Activity: 33

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I paid taxes because all my money goes through my American bank account. I don't want to go to jail.

Jesu

full member

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Quote from: CoolBliss on May 30, 2014, 02:01:46 PM

Just read their stories on Reddit. It's kinda thrilling.

What reddit are these on? The bitcoin one?

yatsey87

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Quote from: CoolBliss on May 30, 2014, 02:01:46 PM

Just read their stories on Reddit. It's kinda thrilling.

I suspect those are mostly fantasists.

CoolBliss

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Just read their stories on Reddit. It's kinda thrilling.

Whitehouse

sr. member

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Quote from: DomenicoRomano on May 30, 2014, 01:06:19 PM

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

BittBurger

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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-

aeternum.in

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Quote from: yatsey87 on May 30, 2014, 01:09:21 PM

Quote from: acs267 on May 30, 2014, 01:01:29 PM

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. :-)

yatsey87

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Quote from: acs267 on May 30, 2014, 01:01:29 PM

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?

gweedo

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Quote from: hilariousandco on May 30, 2014, 01:00:12 PM

Quote from: gweedo on May 30, 2014, 12:55:59 PM

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.

DomenicoRomano

newbie

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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.

Sydboy

full member

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no, no i have not..
sorry.

acs267

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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.

hilariousandco

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Join the world-leading crypto sportsbook NOW!

Quote from: gweedo on May 30, 2014, 12:55:59 PM

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.

franky1

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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.

Topic: Have you personally seen a bitcoin millionaire? - page 4. (Read 4746 times)