Is cryptocurrency millionaire dream a thing of the past? - page 4.

cuddaloreappu

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Quote from: cuddaloreappu on May 25, 2014, 11:38:51 PM

But now its entering mainstream adoption..

Is it? I haven't seen anyone using Bitcoin in my "mainstream" encounters.

Rt news, BBC, CNN , and what not bitcoin is reported in all the channels and millions of viewers are aware of it...now its mainstream right

knightcoin

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Stand on the shoulders of giants

ATARI
pac man
https://www.youtube.com/watch?v=W1qO8gJZvb8

durrrr

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I think the chance of making millions of just bitcoin has gone away. There's still money to be made and price will go up but it's not
Going to be 10000% profit lol or return on investment

TaunSew

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The boat sailed for Bitcoin.

In 2009 - you mined for (almost) free on any junk computer or bought when it was $0.005 cents. $200 in 2009 = $24 million in 2014. Those gains can't be repeated anymore. Just to make a million dollars from $1000 today, the capitalization has to hit $6 trillion which is almost no chance of happening (unless the US enters into hyperinflation and a Coca Cola costs $1200 Grin

).

There's easy money in some alternates. The people who invested 1.5 BTC in NxT in September 2013 made $2+ million in 2014. If NxT hits Bitcoin's valuation, these people will be worth $200+ million.

Eventually these things all come home to roost, no? It kinds of makes a lot of these coins look like ponzi schemes, since only a very small handful of people (always less than 30 big initial wallets) seem to possess everything and they bought in at nothing.

Swordsoffreedom

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Leading Crypto Sports Betting & Casino Platform

I would not say the dream is over yet
With only 21 million Bitcoins and a divisible factor of 8
The value of 1 Bitcoin can be significantly large considering the innovation and infancy we are still in
There is a very good possibility of still becoming a millionaire if not making a few hundred grand
With around 15 to 20 Bitcoins

Ron~Popeil

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Quote from: cuddaloreappu on May 25, 2014, 11:38:51 PM

There are many millionaires made out of bitcoin in the past 5 years...But now its entering mainstream adoption..

is the dream of becoming a cryptocurrency millionaire much hard to become real now?

Even if there are new blockchain technologies like (ethereum, counterparty, Ripple etc.) will they have the same trajectory as bitcoin had, because things are very different now.

in short will the opportunity in 2009 still available or come again in 2014 and beyond ?

With new payment systems and merchants coming on line constantly the demand will rise dramatically. We are still in the infancy stages of this grand experiment, opportunity is all around us.

hello_good_sir

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If bitcoin becomes the world currency, a single bitcoin will be worth millions of dollars.

If bitcoin becomes a trusted savings mechanism on par with gold, a single bitcoin will be worth tens to hundreds of thousands of dollars.

cuddaloreappu

hero member

Activity: 756

Merit: 502

There are many millionaires made out of bitcoin in the past 5 years...But now its entering mainstream adoption..

is the dream of becoming a cryptocurrency millionaire much hard to become real now?

Even if there are new blockchain technologies like (ethereum, counterparty, Ripple etc.) will they have the same trajectory as bitcoin had, because things are very different now.

in short will the opportunity in 2009 still available or come again in 2014 and beyond ?

Topic: Is cryptocurrency millionaire dream a thing of the past? - page 4. (Read 5933 times)