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.
That's exactly what I think. Surely in the wake of many of us we can get rich by investing in bitcoins in 2017. The crypto market has grown explosively in 2017 and has peaked at the moment are in serious crisis. The prices of bitcoin and altcoin are constantly fake and, bitcoin has lost nearly 70% of its value since the end of 2017, in just the past three months. I believe the market is showing signs of a bitcoin bubble burst and I think you should pull out of the market at this point.