Teenage bitcoin millionaire can see the cryptocurrency’s value shooting as high as $1 million

jycloud9 (48)in #bitcoin • 8 years ago

Meet Erik Finman, who started picking up bitcoin at $12 apiece back in May 2011, when he was just 12, riding a hot tip from hits brother Scott and a $1,000 gift from his grandmother, he told CNBC. He’s now the owner of a reported 403 bitcoins, and while the cybercurrency has been on a bit of a bumpy ride lately, at a Wednesday morning price BTCUSD-2.01% of $2,773.54 each, the now 18-year-old Idahoan’s stash is worth $1.1 million and change.

‘Personally I think bitcoin is going to be worth a couple hundred thousand to a million dollars a coin.’
Erik Finman

https://www.google.co.kr/amp/www.marketwatch.com/amp/story/guid/B2A5A680-5673-11E7-B50A-770ADC254FA9

#teenage #millionaire

8 years ago in #bitcoin by jycloud9 (48)

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eggturtle (54) 8 years ago

Living in a dream like state like every bitcoin millionaire... who cares? Bitcoin has no long term future for the intelligent eye: hard to use and error prone, wasteful, not government proof (51% attack), and, the most important doesn't and cannot scale. Why would most of the world's money go into that already obsolete (though indubitably pioneering) technology?

$0.27

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