Man Makes A Fortune With $22 In Bitcoin: 3 Altcoins For October 2023 That Can Do This

2023-10-14 21:30

Bitcoin’s history is filled with stories of people who put small, disposable amounts of money into the crypto and ended up making a fortune. This has been no different from the case of one Norwegian man, whose throwaway $22 Bitcoin investment has turned into a life-changing sum.

When Kristoffer Koch had originally invested in Bitcoin back in 2009, the cryptocurrency was only trading for a few cents. Koch, at the time, was intrigued which is why he said he made the purchase. He got 5,000 BTC for around $22 at the time, although this figure often varies.

Nevertheless, Koch ended up forgetting about this purchase until four years later when Bitcoin had blown up. By the time the Norwegian man got into his Bitcoin wallet, his initial $22 purchase had ballooned into $850,000. Upon seeing the life-changing sum, Koch revealed that he had used part of the money to buy himself a flat in Oslo.

As stories like these continue to make the rounds, a question on the lips of investors, especially those who came in later than the likes of Koch, is which cryptocurrencies could replicate such growth. So here are some picks that look good.

Fetch AI (FET) Brings AI To Crypto

The AI narrative is still holding strong both within and outside the crypto market and this has positioned some projects to be able to take advantage of its expected growth. Fetch AI’s native FET token has already shown the opportunity that lies in this space but that was only in a bear market. A bull market could see FET’s price rise further and do numbers.

The project is looking to democratize AI access through a crypto economy. This means users will be able to access AI in a completely decentralized and permissionless way unlike the AI products seen in traditional spheres.

Secret (SCRT) Challenges Bitcoin With Privacy

Presently, when the topic of privacy coins comes up, two names tend to pop up quickly, which include Monero’s XMR and Secret’s SCRT. Secret actually users ‘Secret Contracts’ to allow decentralized applications to offer completely private transactions.

As the demand for privacy grows among crypto users who constantly have to be aware of the government’s encroachment, SCRT’s value proposition becomes even more important. Added to its low $51 million market cap, SCRT could see a rally similar to that of Bitcoin.

Radiant Capital (RDNT) With Fragmented Liquidity

When it comes to carrying out transactions on-chain, liquidity becomes king, and this is where Radiant Capital (RDNT) comes in. The project is looking to consolidate fragmented liquidity in a bid to enhance the available liquidity for decentralized finance (DeFi) protocols.

This will work across a number of lending protocols regardless of the blockchain that they are on. So instead of hopping from one protocol to another, DeFi users can take advantage of this using a single protocol.

Radiant’s value proposition in a sector that is continuously evolving and growing could see it put on a Bitcoin-like rally. This could see its market cap go from its current $70 million to billions of dollars.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) íà Currencies.ru

$ 61616.99 (+0.68%)
Îáúåì 24H $18.196b
Èçìåíåèÿ 24h: 1.53 %, 7d: -4.35 %
Cåãîäíÿ L: $60793.66 - H: $61616.99
Êàïèòàëèçàöèÿ $1214.005b Rank 1
Öåíà â ÷àñ íîâîñòè $ 26889.92 (129.15%)

bitcoin man fortune ended crypto making case

bitcoin man → Ðåçóëüòàòîâ: 126


Ôîòî:

Meet The Man Who’s Building a Commission-Free ‘BitMEX’ [Interview]

Bitcoinist spoke with Adam Todd, CEO of Digitex Futures, a trading platform that aims to become a commission-free, non-custodial ‘BitMEX’ for cryptocurrencies built on Ethereum.   Bitcoinist: What is Digitex Futures? What are you doing that’s different/new? Can you give us your elevator pitch? Adam Todd: Digitex Futures is a commission-free, non-custodial futures exchange.

2018-11-28 07:00


WorldMarkets.io Opens Up The World Of S&P 100 Stocks For Crypto Investors With Bitcoin (BTC)

WorldMarkets.io Opens The World Of Stocks With Bitcoin (BTC) Investment has a long history of being inaccessible to the common man. In fact even today a majority of the older demographic those who fall into the median income bracket, prefer to keep away from direct investments in stocks. Thus, investing via crypto is already looked […]

2018-11-19 01:21


“Craig Wright lashes out at me, thank God” John McAfee excited to be included in feud with Bitcoin SV Proponent

When Nchain’s Australian developer Craig Wright, who is also the top man behind the  Bitcoin Satoshi Vision (BSV) calls out an individual, the row is certain to draw a battle line between himself and the involved individual, as was the case with Ethereum’s Vitalik Buterin, Bitmain’s Jihan Wu and his highly pronounced opponent Roger Ver.

2018-11-17 22:24


Ôîòî:

CEO of Largest Crypto Exchange Believes the Bitcoin Bears Are Here to Stay

BitMEX CEO, Arthur Hayes believes bears have the stamina to keep control of the crypto market for at least 18 months longer. Hayes Forecasts Prolonged Thunderstorms Arthur Hayes, the captain at the helm of the world’s largest cryptocurrency derivatives exchange BitMEX believes bears could maintain control of the cryptocurrency market for at least another 18 months.

2018-11-1 13:00


Ôîòî:

US man faces 5 years in prison for unlicensed trading of over $3.2M in Bitcoin

An American man has fessed up in front of federal court judges, pleading guilty for operating an “unlicensed money transmitting business. ” A Department of Justics (DoJ) published a press release yesterday that details how Jacob Burrell Campos has been selling “hundres of thousands of dollars in Bitcoin to over 1,000 customers” across the United States.

2018-10-30 16:22


Chinese Bitcoin (BTC) Miner Nabs Electricity, Authorities Crack Down

Man Steals $15,000 Of Electricity For Bitcoin (BTC) Mining Despite the stringent rules placed on China’s crypto scene, the Bitcoin and altcoin mining business remains as hot as ever. So hot, in fact, that a Chinese man, named Xu Xinghu, thought it would be a good idea to steal electricity from the nation’s train network […] The post Chinese Bitcoin (BTC) Miner Nabs Electricity, Authorities Crack Down appeared first on Ethereum World News.

2018-10-8 23:00