Top Bitcoin Millionaires and How they Get Started ?
Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential.”
Bitcoin just hit $10,000 past few hours and its smashing the records. It’s value got even higher then that of a Gold Holder. There is a term in the market called as – “Bitcoin Millionaire” and they are just living their dream life of a millionaire because of bitcoin they’ve invested in. So here are the people who are Bitcoin Millionair.
So here are the people who are Bitcoin Millionaire .
- Eric Finman
Erik Finman began investing in bitcoin in 2011, when it was just $12 per token
Through selling companies and other investments, he now has 403 bitcoins — worth more than $1 million
Erik Finman made a bet with his parents that if he turned 18 and was a millionaire, they wouldn’t force him to go to college. Thanks to his savvy investments in bitcoin and the current all-time high valuation, he won’t have to get his degree.He currently owns 403 bitcoins, which at the current $2,700 a coin puts his bitcoin value at $1.09 million. He also has smaller investments in other cryptocurrencies, including litecoin and ethereum. At this young age he is Top Bitcoin Millionaires in the very young age.
The first time, he turned $1,000 into $100,000
Finman began investing in bitcoin in May 2011 at the age of 12, thanks to a $1,000 gift from his grandmother and a tip from his brother Scott.
Though he’s close with his family — which he calls the “Elon Musk version of the Kardashians” — growing up in “small town” Idaho outside of Coeur d’Alene wasn’t easy. Finman was especially frustrated with his high school teachers, and begged his parents to let him drop out at 15. [Source : cnbc ]
2. Jeremy Gardner, 25
At age 25, Gardner is a self-made millionaire.
Jeremy Gardner was returning from a safari in South Africa – where he flew out to attend AfrikaBurn, a regional Burning Man festival – when he came into cell service. He checked Twitter, where he follows other bitcoin-watchers, to see how his investments were doing.
“I saw that bitcoin had broken like $2,500 – all the crypto assets had exploded in value,” Gardner told Business Insider. “And all of a sudden, my net worth in five days had doubled in value. That to me was nuts.”
3. Charlie Shrem,27
Charlie Shrem, a bitcoin pioneer and the head of business development at popular cryptocurrency wallet platform operator Jaxx, stated that China has no real effect on the future of bitcoin.
His crytocurrency is valued at about $45 million. Like everyone else he bought bitcoin when they were cheeper. Charlie Shrem found bitcoins in 2011; he purchased his first batch for between $3-4 a piece. He purchased thousands more when they increased to $20. He then started a company BitInstant that allows people to purchase Bitcoins in physical stores.
4. Yifu Guo,27
He is the mastermind behind first bitcoin mining company named Avalon. Yifu Guo began mining coins when he was a student at New York University. He then founded Avalon. Avalon is a company, which is dedicated to building the necessary equipment for data mining required for bitcoins. The goal to further the spread of Bitcoins and help to ensure the network is available over the long term.
5. Topy Gallippi
Topy Gallippi CEO of BitPay includes Bitcoins in his portfolio right along with his real estate, bonds and stocks. His company is a payment processing company that handles Bitcoin processing.As previously mentioned, due to the way the bitcoins are stored it is impossible to have a clear understanding of just how many of the wallet owners are actual millionaires. The millionaire status comes from the amount of hard versus cryptocurrency they would hold if they were to cash in their bitcoin holdings. Therefore setting him as the top Bitcoin Millionaires in the world.
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