08 Apr '13, 6pm

The New Bitcoin Millionaires

Bitcoinmillo, who says he is 25, appears to be keeping a level head: "I was a combination miner and investor, little here little there. There were many points I considered selling, even as recent as December, but decided there wasn't an urgent need," he explains. He plans on keeping some of his money in Bitcoin, but just a fraction: "I will pay taxes, and keep a safe amount in bitcoin, and in metals. I will also get a house for my GF (we lived in a crappy apartment for the last five years, though it is next to a great chinese restaurant) and the remaining in a vanguard growth account." Others in the thread disagree with his plan: "You should invest in Bitcoin with that kind of money," writes one, only half-jokingly. Another admonishes him for abandoning the cause: "Remember that you made money on betting against fiat. If the fundamentals of bitcoin has not changed, you wil...

Full article: http://www.buzzfeed.com/jwherrman/the-new-bitcoin-million...

Tweets

Bitcoin

realtimebitcoin.info 08 Apr '13, 8am

Sorry, but to view this site it needs to support:

Why Bitcoin “millionaires” could accidentally become tax felons

Why Bitcoin “millionaires” could accidentally b...

QZ.com 09 Apr '13, 8pm

If you’re an American who bought bitcoins at around $80 less than a month ago and sold them today for around $237 , congra...

video

vimeo.com 08 Apr '13, 11am

A short video looking at 'Bitcoin', a decentralised digital currency. Directed, Designed and Animated by Duncan Elms - dun...

Meet the Bitcoin Millionaires via @BW

Meet the Bitcoin Millionaires via @BW

businessweek.com 11 Apr '13, 4am

Many people have lost some data while reformatting a computer hard drive. Jered Kenna lost more than that. In 2010 he eras...

Bitcoin Has Surged Another 15% Just Since The Last Time We Mentioned It

Bitcoin Has Surged Another 15% Just Since The L...

businessinsider.com 09 Apr '13, 5pm

HAMPTONS BROKER: Two Wall Streeters Tried To Screw Us Out Of Commissions By Secretly Dropping These Handwritten Notes HAMP...

Bitcoin

Bitcoin

businessinsider.com 10 Apr '13, 5pm

It's shaping up to be a pretty ugly day for Bitcoin. After soaring past $250 earlier , it's tumbled all the way down to cu...

Bitcoin Trader: Buy on Dips

forbes.com 08 Apr '13, 6pm

The bitcoin logo (Photo credit: Wikipedia) I have been curious about Bitcoins — an unregulated electronic currency running...

Bitcoin Is Already Making A Big Comeback

Bitcoin Is Already Making A Big Comeback

businessinsider.com 10 Apr '13, 9pm

At midnight, Bitcoin was trading around $234. By 8:30 AM ET, the virtual currency had surged to an intraday high of $266 –...

Bitcoin: the new gold or a giant bubble?

Bitcoin: the new gold or a giant bubble?

telegraph.co.uk 06 Apr '13, 5am

Doesn't this make it worthless? Bitcoin's creators realise that, for anything to be valuable, it has to have some scarcity...

Why #Bitcoin Could Be Revolutionary

youtube.com 07 Apr '13, 8am

MY BITCOIN ADDRESS for tips: 1JWsjwcgeQVmAcAUj8R4afnF5x3xpWPF9F Please tip any amount you'd like! A regular flow of new ti...

Bitcoin And The End Of Money

Bitcoin And The End Of Money

techcrunch.com 07 Apr '13, 3pm

A commentator on Bloomberg, Princeton student Evan Soltas , writes that Bitcoin is an “existential threat to the modern li...

The Man Who Gave His Life To Bitcoin

buzzfeed.com 09 Apr '13, 10pm

Erik Vorhees is what you might call a true Bitcoin believer: he is almost entirely invested in the currency, works at a Bi...

This new trojan can take over your PC and start generating Bitcoins

This new trojan can take over your PC and start...

cnet.com.au 08 Apr '13, 2am

A new trojan has appeared on Skype that takes over your PC and turns it into a remote processor for generating Bitcoins. (...

Bitcoin Goes On Another Big Tear, And Surges Past $190

Bitcoin Goes On Another Big Tear, And Surges Pa...

businessinsider.com 08 Apr '13, 12pm

Steve Cohen's Art Dealer Explains Why The Purchase Of A $155 Million Picasso Was Not A Slap In The Face To The SEC Steve C...

Why VCs Love The Bitcoin Market

mukpin.com 07 Apr '13, 12am

Why VCs Love The Bitcoin Market as a vc, my interest in the bitcoin ecosystem is not ideological but mercenary. i see the ...