bitcoin millionaire reddit

Any Bitcoin millionaires here on reddit?If so, what are you doing with your life now?(self.Bitcoin)submitted by I'm curious if there's anyone here whose gotten REALLY rich thanks to Bitcoin.I'm not talking about gaining just a few hundred or a few thousand USD, but hundreds of thousands, or millions of dollars.If so, how has your life changed?What are you doing with it now?Have you "cashed out" significantly, or is most of your wealth still in bitcoin?Have you made any other investments with your earnings (gold, fiat, stocks, real estate, brick and mortar businesses)?Are you living a life of leisure?This is all for curiosity sake.And FYI, I am not a bitcoin millionaire.I am a bitcoin newbie with 0.01 BTC to my name.I just find the technology and the virtual gold rush fascinating.π Rendered by PID 13907 on app-521 at 2017-06-24 11:40:33.665211+00:00 running 3522178 country code: SG.9Any New Bitcoin Millionaires in the house ?(self.Bitcoin)submitted by redditor for 5 weeksCongratulations everyone ,This is gentlemen!
,Welcome to Planet moon and all the rest of that shit ,its been a long journey but here we are approaching 2k and then upwards and onwards to the mars (10k) and then the saturn (100k) ....... ive been hodling since 2011 and i plan to hodl most of my coins until 2030 or later anyone else here been hodling for a long time or made a small fortune from btc investing ?π Rendered by PID 13687 on app-518 at 2017-06-24 11:40:39.524368+00:00 running 3522178 country code: SG.> > So You Want To Become A Bitcoin Millionaire?Today I'm a millionaire (self.Bitcoin)submitted by with today's rise in bitcoin I'm officially a millionaire.I'm gonna cash out over the next 30 days.I'll keep 50 % in bitcoin gold and silver for long-term and the remaining 50 % for a house and vanguard.You changed my life π Rendered by PID 12772 on app-255 at 2017-06-24 11:40:48.815768+00:00 running 3522178 country code: SG.Found this on MIT Confessions (originally posted April 10, 2013):MIT Confessions#341I had 14,000 bitcoins this morning.
When I was in high school, I built a GPU cluster.I actually got a grant from some company to do it.I ran a little bit of boinc, but I mostly mined bitcoins (this was in 2009 and 2010, when blocks were easy to discover).I just exchanged 12,500 bitcoins.There is a crazy bubble right now and I want out.I made $3,000,000.I have to warn my banks, because they might think it's weird when I start getting dozens of $10,000 Mt.ethereum worth mining 2017Gox and bitomax deposits.bitcoin wiki graphics card comparisonI can't even begin to fathom that.bitcoin gpu hashrate tableThat number means nothing to me, because it is so far beyond my comprehension.What should I do?ethereum bubble 2017
Should I tell my friends?Will my friends treat me the same if they know that I'm rich?Should I hide it from them and keep living as I normally do?Would I be lying to them if I do that?I don't want to lie to my friends, but I don't want them to think that I'm rich.And what's more, it looks like whoever this was got very lucky, because less than 12 hours after this was posted Bitcoins started crashing hard for the next straight week:Everything about this just blew me away.I'm answering anonymously because I'm not security-savvy enough to keep myself from being a target.bitcoin ventures llcI'm not a millionaire but I've made quite a bit of money on BTC by accident.I had been following bitcoin for a while and made my first purchase a few months before the mtgox hack.bitcoin quotazioneThe currency speculation aspect interested me but I don't know enough about how bitcoin works, the legislation involved, etc. to understand it as an investment vehicle.bitcoin bootable usb
I was, bluntly, interested in the anonymity aspect and wanted to try out silkroad.I bought 100 BTC for an average of $3 a piece.Silkroad didn't work out (surprise!)but over the month I tried, I noticed that my stash had appreciated over 30%.I foolishly got way too excited about it and spent another 5 grand on coins at about $5 a piece, then sat on them.BTC continued appreciating, very quickly, and when the price hit $15 I bought another 500 coins.converter bitcoin para realFor those following along at home, that put my total at 1600 coins for about 13 grand.bitcoin armory miningI was rubbing my hands together gleefully as the price crossed $20 within days.Then $25.And then I got the news that mtgox had been hacked, and coin prices plummeted.Within a day, the value of a bitcoin had fallen to less than 10 cents and if I'm remembering correctly, actually approached zero*.
I don't know for sure.I had to stop watching the markets.I was extremely depressed.Just days before I'd been so astounded by the returns that I'd been considering liquidating other investments and shifting to bitcoin, against all instinct and logic.Now I was out a huge amount of money in exchange for worthless digital bits of information.Thankfully I make enough money that losing 13k, while very painful, did not ruin me.I spent a few weeks wallowing in my own misery.BTC prices recovered significantly but I didn't trust it anymore.I backed up my wallet and didnt think about it again except for the occasional reminder when some random brick & mortar retailer would start accepting bitcoins as payment.Then a month ago, a friend casually mentioned that he'd discovered this cool new thing called Bitcoin and was ecstatic about how much money he could make.My heart sank and I knew I would have to talk to my friend about my experience.I was so ashamed of what I'd done but couldn't in good conscience let someone else fall into the same trap.
I told him the story like I'm telling it here and he stopped me when he heard how many coins I had."Do you still have them?"They're worth about $35 a piece now."Ifound my wallet file.As of today, I have 1568 bitcoins that are apparently worth about 200 grand.I'm going to let these sit, since I'd already written the money off as lost, but I'm excited for the future.*** Meni Rosenfeld notes in the comments: "The value of a bitcoin did not fall to less than 10 cents.There was a brief period when the traded rate at Mtgox was completely misaligned with the actual value."Since I don't know enough to distinguish, I'll take his word for it.** Update 4/10: This post got a lot more attention than I was expecting.After thinking through the comments and talking with family, I decided to sell some (but not all) of my bitcoins.I'd rather not disclose exact details, but:I more than recouped the original $13kI didn't get near the ~$260 high.At Quentin Hardy's suggestion, I'm donating most of the profit from the sale to charitable NPO/NGOs.