Although 2017 was incredible for some Bitcoin users, there were also those who did not get the chance to use crypto money.
Below are the most impressive success stories of the past year. Of course, the stories of those who say, "I wish I had never been to Bitcoin."
Bitcoin is a very volatile currency, but many of those who invested in Bitcoin before they became so big get the benefits they could not even anticipate at first.
Bitcoin Millionaire Anonymous Person
n anonymous person who shared a detailed story through Steemit said that in 2010 Bitcoin price was too low to even get a pizza. Nevertheless, according to the writer, this person had 12,000 Bitcoins at the end of 2010, and so Bitcoin gathered fruit at the end.
Because in April 2013, the value of each Bitcoin went above $ 100. According to the article, this person took a break from Bitcoin because of his personal life and some other reasons not related to Bitcoin, but he never completely broke his bond. Eventually this anonymous Bitcoin heard that 12 thousand Bitcoin users now spend $ 10 million.
As a result of quite positive developments, this person began to sell bitcoins in small quantities in order not to attract attention. The anonymous investor made plans for the future by determining investment strategies and did not allow him to suddenly affect his gigantic fortune. Anonymous investor advises to be patient as a recommendation, not to be greedy and to pay attention to current news.
Erik Fineman
Bitcoin began its investment in 2011 and was only 11 years old when it began to invest. Fineman's grandmother gave Fineman $ 1,000 and his brother had a recommendation on how to spend it. In those years Bitcoin only cost $ 12. But when Fineman sold its first Bitcoins at the end of 2013, Bitcoin had $ 1,200.
Until then, Fineman had converted his $ 1,000 grand from his grandmother to $ 100,000 and used it to open an online training company in 2014. Fineman, whose high school years were not so pleasant, thought this business venture would connect disaffected students and passionate teachers with video interviews. Fineman moved to the Silicon Valley besides opening the company, traveled the world and entered a claim with his family. If he became a millionaire when he was 18, he would not have to go to college.
Fineman sold the training company in January 2015 and received either $ 100,000 or 300 Bitcoins. He chose to buy bitcoin. Fineman is also a millionaire at the age of 18 and has also made his goal not to go to college. He says he is pleased to study in the real world. Although Fineman is not trained, he is busy with many projects, including among them NASA. Everything Fineman has done for years has enabled him to come where he is today.
Jeremy Gardner
Jeremy Gardner is also among those who dare to invest while Bitcoin is still fresh. As you may have noticed, these names are all early investors. Gardner made quite a profit as well. In 2013, one of Gardner's friends gave Gardner a Bitcoin for cash, and Gardner was very pleased with the currency he could use only with internet connection. Gardner also liked that he was not a central institution within Bitcoin.
Connected to the world of Bitcoin, Gardner has become one of the strongest voices in the world of cryptography. Gardner also contributed to the start-up and growth of companies affiliated with Bitcoin and Blockchain technology.
Gardner, who does not have much to say about how much money he made by investing in Bitcoin technologies, is thought to have put himself among millionaires. At the same time, Gardner thinks that Bitcoin's price will go down at the same pace as soon as it goes up. But Gardner's only investment is not on Bitcoin, and the projects he invests allow him to protect his fortune. Of course, he also makes money from several different places at the same time.
Mr. Smith
Traveling around the world is something that embellishes the dreams of many people, but Mr. Smith is among those who turn this dream into reality. Thanks to the fact that Bitcoin has already started to invest in 2010. He was a college graduate and a former Silicon Valley employee. Smith heard Bitcoin in July 2010 and began investing a few months later.
Knowing that he will hold the investment for a long time, Smith did not think much about his investment until 2013. But in 2013, the price of Bitcoin started to rise rapidly. Ultimately, the price of a single Bitcoin came to a level more than 2,000 times that of Smith's price. He claims that he has earned $ 25 million in total from his $ 3,000 investment and he gives that money. Mr. Smith stays in only five star hotels, flying first-class.
Smith still holds more than 1,000 Bitcoins and is considering starting to sell when a single Bitcoin price reaches $ 150,000. Smith says he does not regret selling the other Bitcoins he owns and says he has everything he has thanks to Bitcoin.
Tim Enneking
Tim Enneking is one of the best examples of how you will succeed in your Bitcoin investment. He is a hedge fund manager who has broken all-time annual records for both funds and funds.
At first, Enneking was approaching skeptical of digital paralysis, but then began managing the world's first digital money fund. During Enneking's work, Bitcoin was investigated in detail. Having found nothing to be called too risky, Enneking realized that crypto money could be bigger than he thought, and he started looking for ways to be more involved in fund management.
Enneking currently has experience in controlling funds in both the US and other countries of the world. Enneking suggests investing time to be cautious and understand the movements on the market. At the same time, Enneking reminds those who are considering becoming crypto money investors that it may take some time to make profits due to the rapid changes in the digital currency.
Olaf-Carlson Wee
You may not have heard the name of Olaf-Carlson Wee at the age of 26, but he has noticed the potential of Bitcoin much earlier than most people, and thanks to it, it has become quite rich. Carson Wee started working on a Bitcoin startup around February 2013, when a single Bitcoin price was around $ 20-30. Coinbase't to.
At that time Bitcoin was still unknown to more people, and people who were aware of Bitcoin were surprised to hear that other people were talking about Bitcoin. Nevertheless, Carlson believes that Wee Bitcoin promises promise. He made an agreement with his employer. According to this agreement, only Bitcoin will receive the salary, not the physical money. Carlson Wee began trading with Bitcoin only as far as possible. All these risky decisions by Carlson Wee were finally profitable because he became a millionaire thanks to these decisions.
Your success stories may be enough to prompt you to start investing in Bitcoin immediately. However, if there is something that always stands out in these stories, it is the price of Bitcoin that can change suddenly. So far we have been talking about the rich people's stories thanks to Bitcoin, but let's look at the other side of the business.
James Howells
The 32-year-old Galleria James Howells began working with Bitcoin over his computer in 2009. A year later, he dismantled his computer and kept these pieces in the drawer. Then he threw those pieces.
Though it is quite valuable, however, the garbage that has accumulated for many years now lies on the hard diskin which is now involved in the garbage. Howells was rejected by authorities to search the garbage truck and find a hard drive, which would cost a lot of money. Bitcoins in this fixed diskinet are more than $ 100 million at today's price.
Howells is taking a positive attitude to abandon such a huge fortune, and he knows that it will not help. But if one day you get a hard disco, you will get Lamborghini.
Despite this disappointment that Howells lived, I still have not bid farewell to crypto paralysis. Still more cryptic money with crypto money and all the energy in a single koine is named: Bitcoin Cash.
Mark Frauenfelder
Many people were disappointed because of forgotten passwords, but very few people have had an amount of $ 30,000 to forget the password. Mark Frauenfelder invested $ 3,000 in Bitcoin last year, and since investing he has included many profitable entrants. Talking to Bitcoin specialists, Frauenfelder Bitcoin decided that the safest way of hiding was the hardware wallets, and in November 2016 gave $ 100 and bought a hardware wallet.
If there was something wrong with setting up the Frauenfelder equipment purse, it had to set a PIN and a 24-word list to allow access to the wallet. Frauenfelder wrote the words on a sheet of paper, but unfortunately a cleaning company employee took it out. Frauenfelder thought the situation was not very important. Until you forget your PIN.
Frauenfelder, who was trying to provide helpless access, opened titles in the forums and contacted the customer service representatives of the manufacturer's hardware wallet. Frauenfelder even visited a hypnotist in the spring we passed. Unfortunately, no positive result was obtained from this visit.
Eventually someone helped Frauenfelder. Someone helped Frauenfelder hack the hardware wallet and get a 24-word list with a PIN. But ultimately the Frauenfelder stresten must have gone mad until you get access to your wallet again
Woman paying with a rented crate bitcoin
The anonymous structure of Bitcoin can encourage some people to use Bitcoin to do illegal things. However, the 58-year-old Italian woman living in Denmark learned from the hard way that this kind of work could lead to poor results. The woman who held a hired killer to kill her boyfriend paid with Bitcoin. The boyfriend did not die.
she was sentenced to six years in prison for joining the court in which her boyfriend also worked. This movement also led to the removal of the residence permit in Denmark, where he lived for 30 years.
Cody Brown
Cody Brown, a startup manager, had personally witnessed how things could have been negative during Bitcoin theft. A hacker leaked to Verizon's account on Brown's Coinbase stole Brown's $ 8,000 Bitcoins in 15 minutes. Brown thinks that a hacked friend has become the target for RT's tweet. Brown is not hopeful to take back the stolen Bitcoins.
However, Bitcoin does not give up. Brown believes that cryptography will solve the problem of how the companies in the money industry can better protect their systems in the end. Companies that learn to better protect their systems will also be able to protect customers' money more easily.
Simon
Simon used the TOR network for the first time in 2011. Simon coincided with one of the non online online markets that included all kinds of illegal things. It's a weapon, drugs, simulated papers and stuff.
Simon, who thinks ergen wisely, has decided that it would be great to have a fake passport for a certain European country. The price of the fake passport was 10,000 BTC. The person who sold Simon's fake passport said he would give Simon a fake press identity from a reputable newspaper if he gets an extra 6,000 BTC. Simon could not stand this attractive single life.
Simon transferred the Bitcoins he had to the crypto money trading platform, but when the trade had come to an end, the seller disappeared. Simon thought to himself 'maybe he was arrested'. Simon's head was mixed, but there was no problem. Simon transferred the Bitcoins to the stock market and was safe here.
Two years later, the newspapers began to report a Russian accused of money laundering. The money-laundering service the guy controlled was called Liberty Finance. This name was familiar to Simon because Simon used this stock exchange to hold the 20,000 BTC he had.
With news coming out of the day, the FBI seized all the parallels on the stock market platform and on the platform. Simon had a long time ago, but BTCRe is goodbye, but he still regrets seeing Bitcoin grow up.
If the stock exchange Liberty Finance was not being used for money laundering, Simon had $ 400 million in it.
BTC-e
Despite the lack of legislation in the world of Bitcoin, those who break the law are still being caught. E.g? BTC-e is a long-term Bitcoin stock exchange.
BTC-e received a $ 110 million fine from the Federal Trade Commission, accused of money laundering. Alexander Vinnik, associated with the stock exchange, will face a 50-year prison sentence if convicted in court.
Anatoly Kaplan
Another incident that left a question mark in mind in Russia came from Anatoly Kaplan, owner of ForkLog, a Russian crypto money news channel. According to some sources, the Ukrainian Secret Service is investigating Kaplan, who is suspected of being involved with illegal actions.
Ukrainian officials called Kaplan's office and confiscated his laptop computer. This is not the first time ForkLog has encountered law enforcement officers. Kaplan still protects his patronage and says that his site, owned by Ukrainian police, does not have enough technological capacity to do what he blames.
Kaplan says one of the Ukrainians is trying to transfer the Bitcoins owned by Kaplan during the interrogation calls. Kaplan and his lawyer are considering making legal remedies against this situation and are confident that a positive result will be achieved. Even if positive results were obtained, all these people experienced stress as much as Kaplan, and ForkLog damaged the reputation in the public.
All these successes and grief stories proves that Bitcoin's investment can be quite challenging.
People who intend to invest in crypto money must be prepared to be damned. Of course, who knows, perhaps one day your story will be read as a success story.