Post
Topic
Board Economics
Re: New rich people thanks to BTC
by
Wyne
on 20/04/2018, 12:27:40 UTC
I have been making an analysis about how people are getting really rich thanks to the increase of BTC and it is amazing to think that people are getting really rich, let's hope and this will continue to the people that hold very little BTC also gets rich.

This is the analysis 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 February 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 a 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 now? have they realized that they are rich yet?



Your analysis is true and the only bitcoin we need to hold or keep is  404 bitcoin and you will become millionaires. Nowadays the value of bitcoin is constantly rising and there is a possibility that 404 will be reduced further. Or else once the value of bitcoin hit to more than twenty thousand dollars (20,000 USD) or more than we are totally millionaires once we hold at least 400 Bitcoin. Thanks to bitcoin because the holders of it are a giving the chance to become richer. But in third world country, the only need bitcoin is at least 20 BTC and they become millionaires once it converted to there own fiat.