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Topic: Bitcoin believers/investors are foolish or low IQ people ? (Read 1691 times)

sr. member
Activity: 2338
Merit: 365
Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.
 
Are you serious about saying people who believe in Bitcoin are stupid people...
Nowadays Bitcoin is a hope for many people, and if you offend Bitcoin price, then it is all a prediction. I predict the price of Bitcoin will be to $50k because it sees from its high enthusiasm to the cryptocurrency that continues to grow from year to year. So, whether I'm a fool or Low IQ  Angry

legendary
Activity: 3122
Merit: 1032
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In order to comprehend the general idea surrounding BITCOINS, you have to have a semi-technological understanding to grasp the concept
With multiple decimal places and the need to be able to do basic mathematical functions I think we can say some of us have higher IQs then most other people.
And no we arent foolish
full member
Activity: 567
Merit: 148
I invested in Bitcoin for the first time in 2017 January. Back then the exchange rates were around $900 per coin. As of now, my returns stands at more than 1,000%. I have never got this kind of returns from any other asset, and I have tried my luck with bullion, real estate, equities, mutual funds and government bonds. And I don't think you can call someone who could get 10x returns in 2 years as an idiot.

Oh, first of all, no one can call another guy an idiot - calling a person with its name, this fellow shows his rudeness. Besides, only jealous people can have these ideas. I am more than sure that they have already tried to invest in crypto, bud something went wrong, and they lost. Therefore, they are trying to convince others that they do silly things. Crypto can make you a wealthy person if you are a hard-working man.
full member
Activity: 505
Merit: 100
How can you be so naive, OP? I don't think you have the right to call certain people that just because they've invested in Bitcoin. They could have sensed that Bitcoin being a new technology will become big and be worthwhile of their time and money. Every individual has his/her own preferences in life. We just have to respect everybody's judgement.


hero member
Activity: 3052
Merit: 606
When many people believe and use the system, it becomes popular and generally accepted by the whole society. I believe in cryptocurrency so that it develops.
That's the scenario we like to see when bitcoin will become a mainstream currency, however, I doubt that it would be easy because without the support of the government, we will not see a success for bitcoin to become a mainstream currency. People want to use it but when its' declared illegal, things will be different, so at this early stage, let's hope that those regulators will find more usefulness on crypto in general so they will allow it to succeed.
hero member
Activity: 1778
Merit: 746
I invested in Bitcoin for the first time in 2017 January. Back then the exchange rates were around $900 per coin. As of now, my returns stands at more than 1,000%. I have never got this kind of returns from any other asset, and I have tried my luck with bullion, real estate, equities, mutual funds and government bonds. And I don't think you can call someone who could get 10x returns in 2 years as an idiot.
it's better not to be influenced by people like that. we know that there are people who will hate the development of this technology. those who use it now are those who are trying to use this technology for their benefit in the future.

it is even rumored that crypto can also encourage a country's economic development, and even other benefits. if they keep thinking that this is something stupid, let time run, and in the future, they will definitely learn to use this technology more deeply. You can find information about crypt that can boost a country's economy at the link below.

https://news.bitcoin.com/crypto-can-boost-indian-economy-banning-will-hurt-it/
sr. member
Activity: 1988
Merit: 453
I invested in Bitcoin for the first time in 2017 January. Back then the exchange rates were around $900 per coin. As of now, my returns stands at more than 1,000%. I have never got this kind of returns from any other asset, and I have tried my luck with bullion, real estate, equities, mutual funds and government bonds. And I don't think you can call someone who could get 10x returns in 2 years as an idiot.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Those kind of op statement don’t even thrill me, because we have so many people that their thinking sense is so low and they reason like a blind person.  One thing we just have to learn is never to follow people’s opinion or allow them to dictate what we do without life and money. I tell people like him that it is my time, my life, and my money so it is none of his dam business.
Humans are born to be like that. They follow each other blindly and thats where the problem arise from. One person would not care for the loss or gain of another person because we are all selfish. Because bitcoin is going down I see people making conspircay theories of what happened behind the scenes when they actually know nothing. They like creating panic and they do it as a joke.

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I get advises from those that talks with words of wisdom but not people like him that are full of speeches that are with very low quality. People have their level of patience and they all have the way they plan their life, so if somebody invest and decide to wait for eternity, then it is own business and his the one that knows what he has seen in the future of whatever he engages himself with.
This has been happening since a long time. We have naysayers in every place and being criticized because you are successful is nothing new. I think we should not take into account these minor things but focus on bigger things in life how to be a diligent trader and not what others think of us.
hero member
Activity: 1092
Merit: 501
Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

I don't exactly get what you are pointing out here, and how come that Believers and Investors became foolish or low IQ people?
I think this is just your assumptions or opinion only. Because majority of the fanatic of bitcoin are getting profit. Even I myself encountered
loss I knew it can recover it once I trade more in the exchange.
member
Activity: 602
Merit: 10
people are too foolish and they believe in $1000 to $10,000 in 12 years.
Nah, I'm not that kind of investor, I don't have a precognition ability first of all that's why I don't take forecasting very seriously Roll Eyes.

Anyway, I'm no longer affected by your statement that we have low IQ or whatsoever because I already used to it. Some people in my place already think that I'm insane or even think that I am related to a scam etc. etc. but that's okay. I just decided to stop arguing with this kind of people because it will be pointless after all since their mind was not open in this matter. If I am able to earn while the others are not then so be it, it's up to their decision. All I can offer is respect Smiley.
we need to ignore trolls and dumb people then only we can get success in our life that is what you are really doing people who call Bitcoin a scam will realise what is bitcoin after few more years but they will have to pay a very huge fee for waiting that much period at the time you can't laugh at the just for being so much dump.
It is really very difficult to predict what awaits us next, but if you take into account those cryptocurrency users who invested in Bitcoin before 2016 and imagine what kind of income they received at the end of 2017, when the price of bitcoin skyrocketed to $ 20,000, it seems impossible to me  such people are called stupid and low IQ.  I believe that in any activity a person can make mistakes, but each of us is working on a good result and I believe that our long-term investments will have a good result.
hero member
Activity: 1190
Merit: 541
we need to ignore trolls and dumb people then only we can get success in our life that is what you are really doing people who call Bitcoin a scam will realise what is bitcoin after few more years but they will have to pay a very huge fee for waiting that much period at the time you can't laugh at the just for being so much dump.
Those kind of op statement don’t even thrill me, because we have so many people that their thinking sense is so low and they reason like a blind person.  One thing we just have to learn is never to follow people’s opinion or allow them to dictate what we do without life and money. I tell people like him that it is my time, my life, and my money so it is none of his dam business.

I get advises from those that talks with words of wisdom but not people like him that are full of speeches that are with very low quality. People have their level of patience and they all have the way they plan their life, so if somebody invest and decide to wait for eternity, then it is own business and his the one that knows what he has seen in the future of whatever he engages himself with.
member
Activity: 546
Merit: 32
people are too foolish and they believe in $1000 to $10,000 in 12 years.
Nah, I'm not that kind of investor, I don't have a precognition ability first of all that's why I don't take forecasting very seriously Roll Eyes.

Anyway, I'm no longer affected by your statement that we have low IQ or whatsoever because I already used to it. Some people in my place already think that I'm insane or even think that I am related to a scam etc. etc. but that's okay. I just decided to stop arguing with this kind of people because it will be pointless after all since their mind was not open in this matter. If I am able to earn while the others are not then so be it, it's up to their decision. All I can offer is respect Smiley.
we need to ignore trolls and dumb people then only we can get success in our life that is what you are really doing people who call Bitcoin a scam will realise what is bitcoin after few more years but they will have to pay a very huge fee for waiting that much period at the time you can't laugh at the just for being so much dump.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
For some they do treat this time would be the best time to grab while the market isn't still on its peak (previous ath) but you cant blame those people who do have doubts on getting in specially to those who got rekt on previous crash.
But that is true for any other speculative market. There will be ups and downs in any market and there is nothing called guaranteed profit. You can win and you lose money, all depending on what coins you bought and how they moved after buying.

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Believers/investors aren't foolish,people do keep attacking that bitcoin is a Ponzi scheme but they haven't actually seen on its true potential which is really good for long term.
These are differences in opinion. To some bitcoin is a ponzi even if you try to logically explain to them against it being a ponzi. However there are people who believe in it and thus put their money in it. Whatever suits a person they try to keep their mindset like that.
full member
Activity: 1232
Merit: 186
people are too foolish and they believe in $1000 to $10,000 in 12 years.
Nah, I'm not that kind of investor, I don't have a precognition ability first of all that's why I don't take forecasting very seriously Roll Eyes.

Anyway, I'm no longer affected by your statement that we have low IQ or whatsoever because I already used to it. Some people in my place already think that I'm insane or even think that I am related to a scam etc. etc. but that's okay. I just decided to stop arguing with this kind of people because it will be pointless after all since their mind was not open in this matter. If I am able to earn while the others are not then so be it, it's up to their decision. All I can offer is respect Smiley.
hero member
Activity: 2996
Merit: 609
Bitcoin investors are neither foolish nor low IQ people, you can't characterize them in this way. If there is a proper way to earn money quickly it is not wrong in pursuing that. Bitcoin has been one of the best investment out there for some time, so investors all over the world have been after it in the hope of getting huge profits quickly.

Not only that people want to invest in bitcoin because of what they have seen it do in the changing of holders standard of living, people are now looking into investing in altcoins and tokens. They want to grab it early this time around, including myself  Grin
For some they do treat this time would be the best time to grab while the market isn't still on its peak (previous ath) but you cant blame those people who do have doubts on getting in specially to those who got rekt on previous crash.

Believers/investors aren't foolish,people do keep attacking that bitcoin is a Ponzi scheme but they haven't actually seen on its true potential which is really good for long term.
member
Activity: 1302
Merit: 25
Bitcoin investors are neither foolish nor low IQ people, you can't characterize them in this way. If there is a proper way to earn money quickly it is not wrong in pursuing that. Bitcoin has been one of the best investment out there for some time, so investors all over the world have been after it in the hope of getting huge profits quickly.

Not only that people want to invest in bitcoin because of what they have seen it do in the changing of holders standard of living, people are now looking into investing in altcoins and tokens. They want to grab it early this time around, including myself  Grin
legendary
Activity: 3248
Merit: 1160
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I feel that when people feel smarter that they don't know more about, that is silly. other than that, I feel that they are people who are late with this technology. Well, when they underestimate something, they can say things as rude as they want. but they don't know the function of cryto. Well, cryptocurrency has been running for several years, and its development is always increasing. they will only always be spectators.
I does not hurt me at all as I know the have no idea the potential of bitcoin, people who are saying that we have low IQ are those who doesn't understand about bitcoin.

Before I find out about crypto, I was just an ordinary employee who relies heavily on my paycheck every month but it changes my financial status when I start investing in crypto, and I learn that there's a lot of opportunity here compared to my day job, and I don't mind if people who have a stable jobs, wearing corporate dresses are criticizing investors because while they are busy doing that, we are also busy building our dreams into reality.
hero member
Activity: 1624
Merit: 500
I feel that when people feel smarter that they don't know more about, that is silly. other than that, I feel that they are people who are late with this technology. Well, when they underestimate something, they can say things as rude as they want. but they don't know the function of cryto. Well, cryptocurrency has been running for several years, and its development is always increasing. they will only always be spectators.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
I don't think that most of these investors are that foolish or low IQ, most of them are that intelligent that makes earning so easy using these crypto investments. Foolish or IQ people, I don't mind since there is a lot of other investors out there that will really surprise us an investor.
Think of it in a simple and logical manner. An investor would be not be a successful one if they are foolish enough and they end up putting their money into the wrong channels to play with. Heck anyone telling you that they play with their money is also a risk taker. So I feel everyone makes the mistake of referring to a risk taker to a foolish trader. Its not so because the terms are not mutually exclusive.

I think the more important thing here is to know what project you are putting your money in and then following the market to buy or sell.
hero member
Activity: 1722
Merit: 528
Bitcoin investors are neither foolish nor low IQ people, you can't characterize them in this way. If there is a proper way to earn money quickly it is not wrong in pursuing that. Bitcoin has been one of the best investment out there for some time, so investors all over the world have been after it in the hope of getting huge profits quickly.

Well, everyone has their own perspective of something.

I don't think that most of these investors are that foolish or low IQ, most of them are that intelligent that makes earning so easy using these crypto investments. Foolish or IQ people, I don't mind since there is a lot of other investors out there that will really surprise us an investor.
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