8 Insane Stories Of People Making Money With Bitcoin
by Menka Dimitrovska , Money Columnist
Published te Money on 21 st March, 2018
Bitcoin is a cryptocurrency that’s used spil a payment system worldwide. It has bot around for 9 years now. The cryptocurrency is created by “mining”, and can be used spil payment for products and services, spil well spil exchanged for other currencies.
More and more vendors are commencing to accept bitcoin spil payments, and spil of 2015 that number has gone up to 100,000 vendors. The number of people that use bitcoin or other cryptocurrency wallets is rising spil well.
The surge te its popularity has drawn a lotsbestemming of attention to it recently, and there have bot a lotsbestemming of stories of people becoming millionaires from the cryptocurrency. Their stories have lit up the internet and left many with regret from not investing ter the cryptocurrency sooner.
Here are some of those unbelievable stories.
The Millionaire Who Travels the World On $25 million of Bitcoin Profits
For the past Five years this man has bot traveling all overheen the world, staying ter 5-star hotels, flying very first class and leading a very luxurious lifestyle, and that’s all because of his investments te bitcoin back te 2010.
He didn’t have a lotsbestemming of expectations, but he did have a good paycheck working spil a software engineer at that time, so he determined to invest $3000 into buying bitcoin. He paid $0.15 vanaf bitcoin, which means he had almost 20,000.
Three years straks, ter 2013, spil the value of bitcoin commenced to rise, and klapper $350 (Two,000 times what he paid for), he determined to sell Two,000 of them, and then sold Two,000 more when it klapper $800.
A week straks he determined to abandon his job and go on a round-the-world journey.
He wants to keep his identity a secret, but he did share his story with Forbes, and said that he had accrued around $25 million so far and has bot travelling the world everzwijn since he abandon his job.
He still has 1,000.00 BTC that he hasn’t sold yet. Spil he told Forbes, he’s waiting till the price of bitcoin reaches $150,000 to sell it.
The Winklevoss Twins
You might be familiar with the Winklevoss Twins, who claimed that Mark Zuckerberg had stolen the idea for Facebook from them. They were awarded with $65 million from Facebook, after a long legal dispute inbetween them and Mark Zuckerberg.
They used some of the money to invest te bitcoin, and their decision made them bitcoin billionaires.
They had overheen $11 million te bitcoin te 2013, which grew to $1 billion ter December 2017.
They are most likely worth even more than $1.Trio billion since they had invested te other cryptocurrencies spil well.
Albeit they are worth well overheen $1 billion, they seem to live very modest lives, and don’t like spending their money on luxuries. They see their money spil an investment te their future and don’t like to waste it on stuff they have no real need for.
Tony Gallippi is believed to be among the largest holders of the currency. He’s the chairman and cofounder of Bitpay, and albeit wij don’t know the precies value of his investments te bitcoin, wij can say for sure that it’s well overheen $20 million.
Tim Draper is now worth more than $290 million, all thanks to his early investment te the cryptocurrency, back te 2014. He bought almost $32,000 BTC for around $Legitimate million back then. He’s still investing ter cryptocurrencies and is very optimistic about bitcoin being the future of currencies. He’s not programma on selling bitcoin for fiat anytime soon.
Barry Silbert is the founder of Digital Currency Group who got interested te bitcoin early on. He reportedly took 48,000 BTC at an auction for government seized bitcoin. This wasgoed back te 2014, when the cryptocurrency wasgoed worth $350. Right now, Barry Silbert is worth overheen $435 million.
Back ter 2012, for Eddy’s tapkast mitzvah, his parents talent him $Five,000 to open up an investment fund. Instead of doing that he determined to embark buying bitcoin and ethereum. He saved up $7,000 from his summer jobs and invested those te cryptocurrencies spil well. He risked all the money he had back then to build up a $1-million-dollar profit. Today he has his own company, Cryptocurrency Financial, and plans on working spil a cryptocurrency advisor. He’s bot charging $250/h for his investment advisor services, but says that making money spil a cryptocurrency investment guru isn’t his project. He wants to see cryptocurrencies spil the future, and he wants to work on making the cryptocurrency community even thicker.
Peter Saddington Who Bought a Lamborghini Huracan for $115
Because of his early rente ter bitcoin, Peter Saddington just bought his very first $200,000 2015 Lamborghini Huracan for less than $115. At least that’s how much he paid back te 2011 for the 45 bitcoin he used to pay for the car. He won’t disclose how much bitcoin he has, but he did say that he’s a hodler (holder) of bitcoins, he’s bot keeping them from 2011, and does not project on selling them.
Opposite to Peter, Edward Skupien (55) didn’t make it on our list today because he bought a car, but because he DIDN’T. Back ter 2016 he had overheen 80 bitcoins, which were worth around $50,000. He witnessed an Audi A8L advertised for that same precies price and determined to sell his bitcoin ter order to buy it. Nonetheless, the overeenkomst didn’t go through and he determined to buy a cheaper car, and invest the surplus of the money back te bitcoin. The price of the currency had risen by $100 vanaf bitcoin, but he still managed to buy 60 of them, which are now worth $544,000, more than any of his other retirement plans that he has te place.