The 8 Biggest Bitcoin Players Who Could Make a Fortune Off the Cryptocurrency

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Can Bitcoin make a person really rich? The answer is yes, IF you know how to play by the rules. We are constantly bombarded with news regarding Bitcoin, effectively seeing how the price of one Bitcoin jumps up and multiplies several times during one financial year. But who are the people who actually become bitcoin millionaires by mining or buying the crypto currency? Meanwhile, get comfortable, as today we are introducing you to the 7 richest bitcoin millionaires.

In he founded Avalon, rich bitcoin users first Bitcoin mining company. The rich bitcoin users produced by Avalon got so popular that rich bitcoin users were being sold as soon as they were released at a much higher price. Soon Guo left Avalon, and many companies started to build and sell mining rigs, but effectively he was the first one to do it and was the first one to become a millionaire by building these miners.

These twin brothers became notorious after their infamous legal battle with Mark Zuckerberg. Having said that, they have rich bitcoin users launched several successful ventures. Rich bitcoin usersthey invested a huge amount in BitInstant Bitcoin. After this, they founded the Winkdex, a company that tracks the average price of Bitcoin. Inthe twin brothers opened their first Bitcoin exchange in Gemini. The company Bitpay, founded by Tony Gallippi, was the first company that created a Bitcoin payment processor.

Bitpay is also known to be the first company to have agreements with major retailers. Jered Kenna started to invest in Bitcoin when the value of one Bitcoin was only 20 cents.

He started with quite a large amount of money, and he saw the result in several years. He launched several ventures too: Tradehill was his first company — an anonymous Bitcoindark mining pool. He now owns a craft brewery in Colombia and 20 mission collaborative workspaces for rich bitcoin users in San Francisco.

Dave Carlson founded the MegaBigPower mining company right from his house basement. Charlie Shrem has a rich bitcoin users interesting and controversial story of becoming a millionaire with Bitcoin.

He started to acquire Bitcoins in the early stages at a very low price. When he was only 11, he founded BitInstant. The company was very successful. But in December Shrem was found guilty of money laundering in The Silk Road online black market.

Inwhen he was released from prison, he founded Intellisys Capital, selling investment portfolios in blockchain companies. Roger was already a millionaire when he got involved with Bitcoin. He makes donations to charity, and he was the first one to invest in Bitcoin Startup.

Charlie and Roger are very close friends. The Government of India is looking to establish support from the state for net neutrality according to its first. Among the states with the most hard-shelled drafted laws regarding the net neutrality rebuff, is California. From May 9 to 10, more than 30 blockchain experts. Nowadays, the competitive business world focuses a lot on how the digital currency market is doing. Cryptos are reaching new heights!

Bitcoin is still rising! Bitcoin is truly rich bitcoin users It continues to break its records over and over! Are you looking for a good investment? Things have finally changed, but no worries because this is a good. Can Bitcoin make me rich?

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Digital cryptocurrency Bitcoin was extremely underground when it was launched in The idea of a purely digital currency not based on fiat was thought of before, but Bitcoin was the first mainstream execution of that concept. Early adopters and investors in the currency became Bitcoin millionaires as a result. Andersen has been rumored to be Satoshi himself, a claim which he denies. Instead, he states that he was closely corresponded with the developer for many years.

As time passes, Gavin Andersen speculates that Bitcoin will require less maintenance. The developer has already cashed out multiple times — he was once paid over , by the Bitcoin Foundation for his contributions.

Of course, he accepted that payment in bitcoin. Since Bitcoin is peer-to-peer, users are responsible for mining. They are rewarded with Bitcoins for mining. Yifu Guo founded Avalon in Miners retailing for several hundred dollars were selling for many times more. Guo left the Avalon project after a year. Several other companies began selling bitcoin miners after Avalon, but Guo was the first to become a Bitcoin millionaire selling such miners.

The pair have launched numerous successful business ventures, and their investments in Bitcoin alone have earned them 11 million. The Winklevoss twins have funded several Bitcoin related ventures. In , they created the Winkdex, a financial index that tracks the average price of Bitcoin.

The Winklevoss twins even created their own Bitcoin exchange, Gemini in The company, Bitpay, is one of the most popular of its kind. It processes of one million dollars worth of payments every day.

It was also one of the first companies to have agreements with major retailers. In , Bitpay employed over 80 people. Gallippi stated he aimed to have over one million merchants enrolled by Intrigued, he invested a large amount of money in the currency, which paid off after several years. His first Investment venture provided him with enough funds to launch several business ventures.

His first company was Tradehill, a Bitcoin dark anonymous mining pool — Kenna was the first to pioneer dark mining pools. Kenna now runs a craft brewery in Colombia the brewery accepts Bitcoins of course. He has also opened 20mission in San Francisco, a collaborative workspace for startups and entrepreneurs.

Dave Carlson is likely the first Bitcoin millionaire to have mined their way to riches. After founding company MegaBigPower from his basement, he began to mine on an industrial scale. Carlson reported that he made over 8 million per month in from his 2, square foot warehouse.

Charlie Shrem bought a large quantity of Bitcoin when it was trading cheaply. At only 22 years old, he founded BitInstant with some of the funds. The company was extremely successful at first. But in December , Shrem was accused and found guilty of laundering money to infamous deep web black market The Silk Road. Shrem states he did not knowingly handle any money for illicit purposes.

After his release from prison in , Shrem got right back to business and launched Intellisys Capital. The firm sells investment portfolios in blockchain companies. Charlie Shrem is close friends with fellow bitcoin innovator and investor Roger Ver. Bitcoin millionaire Roger Ver has generously shared his wealth to spread the word of Bitcoin. Roger Ver is the first Bitcoin startup investor. Although Ver was already a successful entrepreneur before getting into Bitcoin, doing so greatly multiplied his riches.

He has also donated millions to charity. However, Bitcoin also has a sinister side. Its anonymous nature makes transactions nearly impossible track. Numerous black markets have appeared on the deep web selling drugs, contraband, and illegal services. Their investigation led to American Ross Ulbricht, who was sentenced to life in prison for money laundering, hacking, and conspiracy to traffic narcotics.

As a result, the largest Bitcoin wallet in the world now belongs to the FBI. Few records of Nakamoto exist other than e-mail correspondence records between him and Bitcoin developers.

What is known about him however, is that he currently holds 1. And to think the government locked him up, where he shared his ideas to people who needed Bitcoin more than ever befoere. I voted up and resteemed your post. Please help other TeamPhilippines members to check their posts. Vote Up and Resteem. I am a robot. I just upvoted you! I found similar content that readers might be interested in: Nice job on the list.

Ross Ulbritch is one of my hero. I wish he'll gain back his freedom from the oppressive Big Bad Governtment. I'd never thought to even look this up. But I would absolutely look up the Forbes Rich List from time to time. We should definitely be following digital riches more now. Have a nice day! Top 10 Richest Bitcoin Millionaires in Doing so would be incredibly difficult unless one was involved from the beginning — or if they created the currency themselves.

Authors get paid when people like you upvote their post. Thanks a lot abuzarkalam. For use resteeming it and following you! I wonder whats the total number of holders?