Quote from: Peashooter on July 20, 2017, 02:37:12 PM

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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.

Well, having a lot of bitcoin is an opportunity to become rich in the future so that many people buy more bitcoin and they hold for a long time because there is a possibility that the price of bitcoin will rapidly goes up. In addition to that, I think now all people who buy bitcoin in early 2013 is already rich in this time because the price of bitcoin was very high and it is the one of cryptocurrency that has a high value in the market.

If your objective is to become rich with a cryptocurrency then I think it is not a good idea to use bitcoin, dont get me wrong bitcoin is great but the growth cannot be that big anymore, since we need more and more money for the price to go up if you instead invest in an ICO and the ICO becomes successful then you can earn a significant amount of money in a short time, the profits of an ICO have the possibility of outperforming anything that bitcoin can give you at the moment.