Quote from: gabbie2010 on June 18, 2017, 07:56:43 AM

Quote from: sobsitesearch on June 02, 2017, 02:33:36 AM

Quote from: moviebuff777 on June 01, 2017, 10:31:37 PM

Quote from: donbu7 on June 01, 2017, 09:25:08 PM

I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.

This is the analisis I made:

On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd

On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd

On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd

Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD

That is amazing.

I wonder what are the new rich people doing right know? have they realised that they are rich yet.

Most of the people that have gotten rich from bitcoin are probably the ones that got in very early like early 2013 or before. The rest of us are trying to catch up.

I think rich people are now richer because of bitcoin they able to buy whole bitcoin as an investment but for those people who have no money to invest are now still working hard to get more bitcoin and dreaming to be rich like others here. No one expect that this digital currency will be a way to be rich us. It is Gods will.

Actually those involved in bitcoin when it was introduced are rich now, although keeping bitcoin in those days is not justifiable because it 50:50 chance nobody had expected the price to rise to this present level what if the price reduces then? This is just risk taking and at the end it's taking and it's had paid off making many millionaires.

Another reason why those involved in bitcoin back in the day may not be rich now is simply because they lost their coins, by forgetting their passwords or because their hard drive crashed or because they lost the storage device where they had their bitcoins, that will be a very painful thing at least those that spent their bitcoin got something in return from it.