I am a bitcoin millionaire.
What is a "bitcoin millionaire"? Do you have a million bitcoins?
Topic: how much of your life savings is invested in BTC? - page 2. (Read 4941 times)
What is a "bitcoin millionaire"? Do you have a million bitcoins?
I don't know how to answer.
Is is how much fiat I put in, or how much value I have now?
I put in 2.5k back in not much before the bubble of 2011, that was about 50% of my cash holdings at the time and about 8% of my income, fresh out of university I had no concept of savings at all, money was for rent, food, hobbies and entertainment.
Now it is worth far more than anything I have outside of bitcoin. Will end up getting a house or a sizable deposit of one out of it in a year or two when I'm ready to build a house.
Is is how much fiat I put in, or how much value I have now?
I put in 2.5k back in not much before the bubble of 2011, that was about 50% of my cash holdings at the time and about 8% of my income, fresh out of university I had no concept of savings at all, money was for rent, food, hobbies and entertainment.
Now it is worth far more than anything I have outside of bitcoin. Will end up getting a house or a sizable deposit of one out of it in a year or two when I'm ready to build a house.
I invested 20% of my savings in Bitcoin last week, a day before the value went from $1200 to $500. Not a good start whatsoever, but I'm in it for the long haul and looking forward to seeing what 2014 brings.
Man, I'm liking this Chile idea. I love mountains and there are some of the best I've ever seen in pictures down there. Definitely gonna check it out some day.
You can buy a plot of land there for BTC btw.
Oh and to get back on topic, I put 90% given I also have some metals that I unfortunately lost in a boating accident.
100%, have $4000 invested in bitcoin and about $200 in the bank
p.s. will kill for time machine
p.s. will kill for time machine
Turning 2 large pizzas into your life savings... #onlyinbitcoin
I have invested in BTC fully. The first time I took a deep dive into the math, I knew what it was. Unfortunately back in 2010 when I first encountered them, I did not see anywhere that they could be fractionated. Nobody talked about that then because they were so cheap to buy. Everyone always talked in whole bitcoins. I was concerned that there wouldn't be enough to go around. When I realized they could be fractionated down to 1/100,000,000, I started investing everything I had in them. I am a bitcoin millionaire.
I voted <10% because that's what they were worth when I bought them. Until I sell them that's all they're worth.
started with less than 10%, now >70% due to increase in exchange rate 
It didn't start off being so high, but now it is more than 50% of our savings (I didn't include my house).
just a friendly reminder your house is a liability not a asset Tell that to my parents who sold their house and my dad is still living off the proceeds 10 years later.
Its a liability if you are making payments on it.
If its paid off, its an asset.
It didn't start off being so high, but now it is more than 50% of our savings (I didn't include my house).
just a friendly reminder your house is a liability not a asset Tell that to my parents who sold their house and my dad is still living off the proceeds 10 years later.
40% of my net worth has now turned into 90% of my net worth 
80% another 20% i put on physical Gold/Silver, Emergency bank account, and traditional investment like unit trust etc.
More than I have. Took a loan from the family.
This poll needs options for over 100%
This poll also needs a 'less than 0%' for people who owe others bitcoins
This.
It didn't start off being so high, but now it is more than 50% of our savings (I didn't include my house).
just a friendly reminder your house is a liability not a asset
It didn't start off being so high, but now it is more than 50% of our savings (I didn't include my house).
Agreed. Rural South America looks better and better. Go south young man, go south. Chile comes to mind.
Funny you said that...I've been looking at Chile myself. I even suggested it here http://bitcointalksearch.org/topic/i-am-currently-country-shopping-what-are-some-good-ones-354227
I'm very impressed with Chile so far. It's the new first-world country. Modern roads, low taxes, clean water, good sanitation, almost any climate you can imagine from desert to rainforest. California upside down.
California upside-down but with comparable, if not better wine
Sounds good, I fancy living off the grid somewhere someday, Chile would be a nice choice. Good surfing too!!
mmmm Glassy clean Chilean point break lines > dirty Silk Road lines
Agreed. Rural South America looks better and better. Go south young man, go south. Chile comes to mind.
Funny you said that...I've been looking at Chile myself. I even suggested it here http://bitcointalksearch.org/topic/i-am-currently-country-shopping-what-are-some-good-ones-354227
I'm very impressed with Chile so far. It's the new first-world country. Modern roads, low taxes, clean water, good sanitation, almost any climate you can imagine from desert to rainforest. California upside down.
I went all in a bit back, now my Bitcoins are worth about the same as half my current capital in my mortgage
During the rally I was using margin so 200% of it.
When I first entered bit coin I only used 10% of my savings, but it quickly grew to become 95%.
I just withdrew 4% of my btc money and it tripled my fiat savings back on earth.
When I first entered bit coin I only used 10% of my savings, but it quickly grew to become 95%.
I just withdrew 4% of my btc money and it tripled my fiat savings back on earth.
Well I didn't have any savings but I borrowed a bit off some people and some banks (interest free overdraft), bought a bunch of BTC at £40 and spent about a british grand on a mining rig a few months later. I voted 100% - Although I didn't use "savings", I was looking at the process as an investment, and lived quite basically for a while to repay the debts.
I'm doing OK. Wish I'd accumulated some more when I was actively using them at £5-10, but I count myself lucky after reading some of the horror stories of lost coin stashes etc...
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