Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: sirty143 on April 29, 2020, 01:20:42 PM

Title: Economists Predict the Emergence of New Bitcoin Millionaires
Post by: sirty143 on April 29, 2020, 01:20:42 PM
The Greatest Wealth Transfer: Economists Predict the Emergence of New Bitcoin Millionaires, BTC Capturing 3% of Gold Market

(https://i.imgur.com/CUGsPKIl.jpg)

A number of analysts and economists predict that bitcoin and the crypto economy will rise triumphantly and bring a new class of millionaires. See more for yourself here (https://news.bitcoin.com/economists-emergence-new-bitcoin-millionaires-btc-capturing-3-of-gold-market/).

Your opinion is greatly appreciated.
Title: Re: Economists Predict the Emergence of New Bitcoin Millionaires
Post by: Andruha1993 on May 01, 2020, 12:42:59 PM
This is definitely good news. I personally thought that everything would happen, because it seems to me that the entire population of our planet will soon use Bitcoin.
Title: Re: Economists Predict the Emergence of New Bitcoin Millionaires
Post by: I-Bit on May 01, 2020, 03:38:41 PM
It depends on how good the improvement of Bitcoin this year. If halving can trigger the big/significant increase of Bitcoin value, then the prediction will be true. There are many investors to sell their Bitcoins and take profits. But be careful, after too many Bitcoins sold in the market, then the value may be decreasing.
Title: Re: Economists Predict the Emergence of New Bitcoin Millionaires
Post by: Senin on June 28, 2020, 08:08:34 PM
Quote from: I-Bit on May 01, 2020, 03:38:41 PM
It depends on how good the improvement of Bitcoin this year. If halving can trigger the big/significant increase of Bitcoin value, then the prediction will be true. There are many investors to sell their Bitcoins and take profits. But be careful, after too many Bitcoins sold in the market, then the value may be decreasing.
A sharp increase in the price of bitcoin can occur not only as a result of the effect of halving the reward to miners. If the global economic crisis comes soon, this can greatly increase the demand for cryptocurrency and the price of bitcoin can rise even more than its previous price record of $ 20,000.
Title: Re: Economists Predict the Emergence of New Bitcoin Millionaires
Post by: wahyudi on June 29, 2020, 05:07:00 AM
How not, bitcoin is often rumored to give birth to new rich people in one night.  Like a dream, this also happened to a man who was only 19 years old named Erik Firman from Indonesia.

 As quoted by CNBC, Monday (12/2/18), Firman started buying bitcoin at a very early age of 12 years.  Investing at that age, Firman starts with US $ 1,000 or as much as Rp. 13.48 million.

 Right at the age of 18 years, Firman was recorded to have 401 bitcoins worth US $ 3.4 million or worth Rp 45.86 billion
Title: Re: Economists Predict the Emergence of New Bitcoin Millionaires
Post by: TomPluz on June 29, 2020, 05:47:44 AM
Quote from: wahyudi on June 29, 2020, 05:07:00 AM
How not, bitcoin is often rumored to give birth to new rich people in one night.  Like a dream, this also happened to a man who was only 19 years old named Erik Firman from Indonesia.  As quoted by CNBC, Monday (12/2/18), Firman started buying bitcoin at a very early age of 12 years.  Investing at that age, Firman starts with US $ 1,000 or as much as Rp. 13.48 million.  Right at the age of 18 years, Firman was recorded to have 401 bitcoins worth US $ 3.4 million or worth Rp 45.86 billion

There had been many amazing stories with people who invested or acquired Bitcoin at the early stage, and they became millionaires as Bitcoin rose in value later. This is the benefit when one is lucky enough to have come into something that eventually became like gold. As for me, I was not so lucky to be a part of this club.
Title: Re: Economists Predict the Emergence of New Bitcoin Millionaires
Post by: Noverteno on June 29, 2020, 08:18:29 AM
Of course, if bitcoin grows significantly in price over the course of a year, this will add to the number of millionaires in cryptocurrency. I hope that our altcoins will also increase in price well. Since 2018, they have been demonstrating their price activity very poorly. Because of this, the activity to create new ICO projects has been in decline for several years.
Title: Re: Economists Predict the Emergence of New Bitcoin Millionaires
Post by: Tanimariya on June 29, 2020, 08:54:06 AM
It depends on the price of bitcoin. However, I think the economic aspect should be considered before making such a prediction. However, the prediction will encourage the price of bitcoin to rise. However, after many buy and sell, the price is going down every day. Will you still encourage others? How can you accept this change?
Title: Re: Economists Predict the Emergence of New Bitcoin Millionaires
Post by: H2O on June 29, 2020, 10:44:46 AM
Obviously it is good news for bitcoin supporters. It will encourage bitcoin investors and traders.