Erik Finman, WHO INVESTED $1,000 IN BITCOIN IN 2011 WHEN IT WAS VALUED AT $12.

in #bitcoin7 years ago

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Erik Finman, who invested $1,000 in Bitcoin in 2011 when it was valued at $12. His parents had made an agreement with him that if he were a millionaire by 18, he wouldn’t have to attend college. A child of two Stanford Ph.D. holders, Finman was willing to take the bet.
He now holds 403 Bitcoins, which, at their current valuation of $2,700, represent $1.09 mln. He also manages investments for the rest of his family, who have begun looking into Bitcoin as an investment vehicle.
At one point, an investor offered him either 300 Bitcoins or $100,000. At the time, Bitcoin was worth $200. He took the coins over the cash, much to the chagrin of his parents.
Will he return to college? "I never got my GED, and I don't see the value in it," Finman said. "The purpose of that would be to get another education level and get a job.
I had to learn through running a business. Instead of writing essays for English class, I had to write emails to important people.”

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SOURCE: https://cointelegraph.com/news/high-schooler-becomes-millionaire-thanks-to-bitcoin

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You might be interessted in this discussion - is Bitcoin still digital Gold? https://steemit.com/bitcoin/@blockrush/is-bitcoin-still-digital-gold-open-discussion

Okay i'll check it up :)

oh good i will folow you

When It was at $90 i said to all my friend and familly to invest on it . They laughed out of me, now i laugh

hhhhhhhhhhhh and now i laugh too.

But it's not too late. You can invest in other cryptocurrency (LITECOIN , LEOCOIN, STEEM, MONERO , STEEM.....)

I love that quote: "Instead of writing essays for English class, I had to write emails to important people.”

yeaah we're really writing emails to important people over here ^^

great post !

great article

This is actually a great read. Man do I regret not knowing about bitcoins back then :(

Yes me too is too late now. 2300$ for one BITCOIN :/

i m resteem it

He's lucky.

yeah, but like i said in my last post you can make it too, but you need to invest .
https://steemit.com/steem/@ossagh/can-we-become-millionaires-or-is-too-late-new-cyptocurrencies

wow i really enjoyed that, I wish I knew about bitcoin back in 2011, I know my parents would of like gave me even a few 100 worth if i asked.

there's other New cryptocurrency for exemple steem .... I speak about it in this post :
https://steemit.com/steem/@ossagh/can-we-become-millionaires-or-is-too-late-new-cyptocurrencies

Yea i read that article, i am exploring my avenues by pretty much getting my hands on as much cryptocurrency as possible, weather it be by mining or whatever.

Good luck then

Totally wish I would have hahah but nope I got on board in 2016 - it was still under 8-- though which is awesome.

Thats an awesome story though!

Awesome article!! I love it

That's what taking chances truly mean! Great post keep it up !!