Post
Topic
Board Economics
Re: New rich people thanks to BTC
by
mininghubby
on 01/04/2018, 18:10:33 UTC
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 not necessarily that. lucky people who can be rich from bitcoin. because getting rich requires a long process. like being a bitcoin miner also has to be hard work, it is not easy.

Yeah , a lot of people have become rich as of bitcoin as they have invested at the right time, at the start. They are making good money from trading and maybe also selling their services online for bitcoin payments. As the years progress, their earnings also increase as the value of bitcoin increases. However, I would say that the value of bitcoin will only increase and there is still time to buy up and in a few years become a millionaire