03 Dec 2013 / MSNBC – The astronomical rise in the value of bitcoin—which has surged more than 8,000 percent over the course of 2013—has created a new breed of digital currency multimillionaires.
The 34-year-old Roger Ver began investing in bitcoins in early 2011—and made his first million from the virtual currency that same year—which saw prices skyrocket from around $0.30 to $32 before settling at $2. He bought his first bitcoins at around $1.
(Read more: Bitcoin’s surge due to ‘excess liquidity’: Faber)
With prices currently hovering above $1,000, his virtual wealth has since exploded. Ver says he doesn’t feel “richer” but that his wealth is “much more liquid than it would be in a normal bank account.”
Ver is one of hundreds of investors that have struck it big with bitcoin. But his association with the virtual currency extends far beyond just owning it.
He has helped seed about a dozen different businesses involving bitcoin and actively promotes the currency, earning him the nickname “Bitcoin Jesus.”…… Read more
