How a Teenage Entrepreneur Built a Startup on Bitcoin Riches

T

trader99

Perfect timing! He sold BTC at $1200. Dang! Then used the proceeds to start a business.

hear that guys! There's more than one way to skin a cat so to speak. Don't bang your head and your life trying to scalp pennies with ES or trying to win a Combine for the 50th time or whatever.

He basically made 100X from $1K to $100K. You can call that luck. Or you can call it being a real opportunist.

So, many different opportunities to create wealth in America. Be creative.

That applies to me as well. Start thinking..

:)

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"Finman credits his older brother for turning him on to Bitcoin back in 2012. As reported by CoinDesk, he received 0.2 bitcoins from his sibling and bought more using the $1,000 from his grandmother. He sold them a year later for $100,000, when the price per Bitcoin was about $1,200. Smart move, kid. "

"The Idaho robotics champ and early North Idaho College student used his Bitcoin riches to launchBotangle.com, a burgeoning online video tutoring startup, according to Mashable.
The fee-based e-learning service currently offers 59 impressive subjects, including, of course, Bitcoin and entrepreneurship, along with a wealth of other “resources that just do not exist in a normal classroom setting.” Botangle students can also enroll in computer programming, advanced mathematics (stochastic calculus!), 3D special effects and, oddly, equine nutrition courses."
 
arthanos said:
Because this can only be done in america right....
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Of course, theoretically you could have done it anywhere. But America is on average the country that has a system that makes it easy for entrepreneurship(looks at the VC money pouring into Silicon Valley to fund the wackiest ideas), a stable government, a legal system that respects property and intellectual rights, and generally an environment of can-do.

Some might argue we not all that and there's some diminishing of that promise. Regardless of your politics, it's much easier to be a 15 yr old in America doing what that kid did than 15 yr old kid in Iraq, Iran, Ukraine, etc.
 
trader99 said:
Of course, theoretically you could have done it anywhere. But America is on average the country that has a system that makes it easy for entrepreneurship(looks at the VC money pouring into Silicon Valley to fund the wackiest ideas), a stable government, a legal system that respects property and intellectual rights, and generally an environment of can-do.

Some might argue we not all that and there's some diminishing of that promise. Regardless of your politics, it's much easier to be a 15 yr old in America doing what that kid did than 15 yr old kid in Iraq, Iran, Ukraine, etc.
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it is also much easier to get unlucky in the USA. social mobility is lower than in Europe

i dont really see the value in this website. there are already like 100 websites offering these things. its definately not innovative.
 
failed_trad3r said:
it is also much easier to get unlucky in the USA. social mobility is lower than in Europe

i dont really see the value in this website. there are already like 100 websites offering these things. its definately not innovative.
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Innovative is worth nothing. The more insipid and obvious the idea, the more likely it's a billion dollar baby.

Welcome to the madhouse
 
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