How many Bitcoin millionaires cryptosuite?

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Bitcoin created by Satoshi Nakamoto in 2009 as a modern decentralized network of non-cash financial assets, has become a legitimate investment and payment option. Many new investors do not lose hope in the future to become millionaires or billionaires.

However, to achieve this result, it should not only be patient, but it is reasonable to invest money. You must know well the market of cryptocurrencies and the main factors that drives them.

The price volatility of Bitcoin is a good thing for new investors who purchased the cryptocurrency in the early stages or during a period of significant falling prices, and is a bad factor for those who invested at the peak of the price rise. Therefore, it is difficult with absolute precision to estimate the number of Bitcoin millionaires, given that price volatility can make someone a millionaire in a few weeks, or bring down the status of many millionaires over the same period.

Since Bitcoin is a digital currency with a certain degree of privacy on the blockchain, you can track just the transactions from wallets, and the exact amount contained on them means it is impossible to specify.

Cryptomelane and billionaires

In total worldwide 23 943 Bitcoin addresses contain amount of BTC at $1 million and above, while known only 3 addresses with over one billion dollars in BTC.

However, the number could be much higher, given that most Bitcoin traders who made fortunes in the cryptocurrency prefer to remain anonymous.

Many early investors who have long been involved in cryptoforge, realized that an innovative concept that began with zero cost exceeded the price of gold for several years, and has significant prospects.

Bitcoin has made many early investors millionaires, and even billionaires, depending on the amount of early investments. A major factor in the increase in the number of millionaires has been the growth of value of Bitcoin in 2017, when prices rose from $800 in January, up a whopping cost of about $20 000 by the end of December.

The most well-known personalities

Among the most famous millionaires that by December 2017, has increased its investment several times, and thanks to early investments have become millionaires and even billionaires in some cases, it may be noted:

  • Gemini Winklevoss, the owners of crypto currency exchange Gemini, each of which costs from $900 million to $1 billion;
  • Charlie Shrem, CEO of BitInstant who started investing in Bitcoin back in 2011;
  • Barry Silbert, CEO, Digital Currency Group (DGC), which owns around 25 companies associated with crypto services.
  • Roger Ver, also called the Bitcoin Jesus, began to invest in 2011. His company MemoryDealers.com was one of the first that accepts payments in Bitcoins. Now Ver is considered to be the driving force behind Bitcoin Cash and a controversial figure in cryptococcal.

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Tags: Bitcoin

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