It wasn't exactly "overnight", they had to have mined/bought and held for long enough without selling. So many people sold everything they had when bitcoin hit $10 cents, $1, $10, $100, $1000, and $10,000, only to buy back in at a fraction of what they originally held.
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Totally true. It sounds easy to say that that people just became millionaire overnight... IT took them years and holding for long a very clear vision of what they thought the outcome will be even when the nobody believed in it.
Yep I had hard drive fail (no backup of btc wallet) then purchased then sold. Then purchased then sold. If I held then I would have my lambo now.
damn... I believe something similar might happen with Steemits some years down the line... fingers crossed.
Well Said!
:)