Bitcoin believers/investors are foolish or low IQ people ? - page 7.

jrrsparkles

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Quote from: Leh-Meh on June 10, 2019, 07:30:23 AM

Quote from: jrrsparkles on June 09, 2019, 01:46:32 PM

As far as I know Warren Buffet is against decentralized cryptos so he is not having any crypto currencies I guess.But he still tryint to be rich by using smartness that is suggesting others to don't buy so which makes he will still be the most rich person in this world. Balantly investing on the things based on the price of anything can be considered as fooling but investing on bitcoin can be the best decision of their life time.

A person who has 1000 bitcoins = $5,000,000 will not risk the BIG money. You can retire with $5 million.

Now who will buy 1000 bitcoin at $5000. Those big buyers has purchased 1000 Bitcoins at $30 or $50. That is how ponzi schemes/super-HYIPs collapse/crash. The same is for stock markets and billionaire Warren Buffet (buy buy buy buy)

Still there are many big orders are happening on the exchanges and daily trading volume reaches billions so if you think that no one is buying bitcoin then you are going to lose benefits.The prices can be manipulated by big orders but it is happening everywhere for that we can't just call it as ponzi scheme.

CASTIEL05

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I just want to ignore this. But I have to express as a believer. Being risky is not being fool. Being a believer is not being a gullible. Being fool or having a low IQ doesn't depend whether you believe in Bitcoin or not. Instead of minding it, why not dig a further information before criticising.

damberg

full member

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Sometimes you can earn nice money on a self-fulfilling prophecy Cool

By the way, does it seem only to me like a shameless website promotion? Cheesy

Leh-Meh

jr. member

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Quote from: jrrsparkles on June 09, 2019, 01:46:32 PM

As far as I know Warren Buffet is against decentralized cryptos so he is not having any crypto currencies I guess.But he still tryint to be rich by using smartness that is suggesting others to don't buy so which makes he will still be the most rich person in this world. Balantly investing on the things based on the price of anything can be considered as fooling but investing on bitcoin can be the best decision of their life time.

A person who has 1000 bitcoins = $5,000,000 will not risk the BIG money. You can retire with $5 million.

Now who will buy 1000 bitcoin at $5000. Those big buyers has purchased 1000 Bitcoins at $30 or $50. That is how ponzi schemes/super-HYIPs collapse/crash. The same is for stock markets and billionaire Warren Buffet (buy buy buy buy)

jrrsparkles

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Quote from: shoreno on June 08, 2019, 11:02:46 PM

Quote from: jrrsparkles on June 08, 2019, 10:33:34 AM

If warren Buffet hold millions of bitcoin........

Foolish or low iq is i think will depend from person to person . warren buffet for example is an educated guy , he is smart so he isnt a fool or a low iq person . if he dont sell his coins at the pump , he cant still be consider as a fool/low iq but he can be consider smart or wise because he knows that bitcoin can grew more in the future and he can get alot of profit as much as when he sells his coins at an early pump .

As far as I know Warren Buffet is against decentralized cryptos so he is not having any crypto currencies I guess.But he still tryint to be rich by using smartness that is suggesting others to don't buy so which makes he will still be the most rich person in this world.

Balantly investing on the things based on the price of anything can be considered as fooling but investing on bitcoin can be the best decision of their life time.

Leh-Meh

jr. member

Activity: 42

Merit: 2

Quote from: wahyu wida on June 08, 2019, 11:48:48 PM

many factors that influence success in investing. in addition to intelligence, we are still faced with a psychological attack at any time with high price fluctuations. on the other hand experience also determines, if someone has experience with the market, of course he will be better prepared to face themarket

10-year jail for buying, selling cryptocurrency in India: Report Selling, buying and/or mining cryptocurrencies will be considered a non-bailable offence, according to the new bill.

https://www.moneycontrol.com/news

Leh-Meh

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Quote from: davis196 on June 09, 2019, 07:31:39 AM

Dude,I was about to say that your website looks like it was made back in 1995,but I saw the sign at the bottom of the webpage and it made me laugh.So what's the real "internet heritage"?Not diving a damn about website design? Grin

I am not a designer but people are saying the website is good, beautiful. Something unique on the internet. See again and read all the topics and videos there. The website is full of gold nuggets

davis196

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Quote from: Leh-Meh on June 06, 2019, 03:37:37 PM

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.

Dude,I was about to say that your website looks like it was made back in 1995,but I saw the sign at the bottom of the webpage and it made me laugh.So what's the real "internet heritage"?Not diving a damn about website design? Grin

Anyway,you are right that the people only care about the bitcoin price.

wahyu wida

full member

Activity: 826

Merit: 100

Quote from: shoreno on June 08, 2019, 11:02:46 PM

Quote from: jrrsparkles on June 08, 2019, 10:33:34 AM

If warren Buffet hold millions of bitcoin........

Foolish or low iq is i think will depend from person to person . warren buffet for example is an educated guy , he is smart so he isnt a fool or a low iq person . if he dont sell his coins at the pump , he cant still be consider as a fool/low iq but he can be consider smart or wise because he knows that bitcoin can grew more in the future and he can get alot of profit as much as when he sells his coins at an early pump .

many factors that influence success in investing. in addition to intelligence, we are still faced with a psychological attack at any time with high price fluctuations. on the other hand experience also determines, if someone has experience with the market, of course he will be better prepared to face the market

shoreno

full member

Activity: 1750

Merit: 118

Quote from: jrrsparkles on June 08, 2019, 10:33:34 AM

If warren Buffet hold millions of bitcoin........

Foolish or low iq is i think will depend from person to person . warren buffet for example is an educated guy , he is smart so he isnt a fool or a low iq person . if he dont sell his coins at the pump , he cant still be consider as a fool/low iq but he can be consider smart or wise because he knows that bitcoin can grew more in the future and he can get alot of profit as much as when he sells his coins at an early pump .

mitchr4

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Bitcoin users know exactly what they are doing and are ready to accept whatever risks they will get when investing in Bitcoin. So i don't think they are foolish or have low IQ. It's just a carelessness of those who want to get rich quickly in Bitcoin with investing on Ponzi scheme or suspicious investment scheme without thinking about the risks.

XFlowZion

full member

Activity: 392

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Those people who says that are their exact description. Billions of money? And all of them foolish or low IQ people? These guys are just envious and I think they begin saying more nasty things when bitcoin goes to the moon. But to be fair, there are really some foolish people who invest in bitcoin because they did not know anything about it at all or even gave a time to know its fundamental or background and they just bought it for the sake of the hype or get rich quick scheme.

Leh-Meh

jr. member

Activity: 42

Merit: 2

Quote from: Mike Mayor on June 08, 2019, 03:05:30 PM

Anyway OP who said people who invest in bitcoin have low IQ? Where did that question come from? Has someone said this to you? Please expand.

That ? shows people are not reading properly. Bitcoin people saying Bitcoin $20,000 or $30,000 says people want money the lazy way or money from thin air/ponzi. The same for stock markets

Mike Mayor

hero member

Activity: 966

Merit: 535

Can people not read or something? The OP Didn't say anyone has a low IQ they asked a question "Bitcoin believers/investors are foolish or low IQ people ? " notice the ? mark you use that when asking something. -_-

Anyway OP who said people who invest in bitcoin have low IQ? Where did that question come from? Has someone said this to you? Please expand.

Shenzou

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Quote from: Leh-Meh on June 06, 2019, 03:37:37 PM

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.

You can't blame or categorize all of the bitcoin communityy based on what a small group of it acts or says, in our current society the ones that are dong the right thing are always hidden and don't speak and give their opinions, while the ones that are wrong are the ones who are always out there and giving wrong ideas about the community, a majority of the community is investing and doing their own thing based on their own prospective of the market and they don't go around spreading false, so this is has nothing to the IQ

candra raditya

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I don't think that people investing in bitcoin are people with low IQ but on the contrary they are high IQ people because they can see the opportunities that exist in bitcoin.

Oceat

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Quote from: Ucy on June 08, 2019, 12:37:18 PM

So you think this pointless psychological warfare will stop us from using bitcoin and switch to fiat currency?
IQ thing does not pay my bills my friend. Hardwork pays

Exactly!

Well, the way i see this drama is that OP wants something to argue about and i don't know if his point is to promote his website or to make some valid point about of the title. Bitcoin is still striving after 10 years and look at the price now, soon the bull market will start and we will going to see the new ATH that's beyond from the 20k before.

Ucy

sr. member

Activity: 2576

Merit: 402

Bisq is a Bitcoin Fiat Dex. Use responsibly

So you think this pointless psychological warfare will stop us from using bitcoin and switch to fiat currency?
IQ thing does not pay my bills my friend. Hardwork pays

Dontme

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Activity: 798

Merit: 255

Putting your money on any type of business or investments is risky, bitcoin is risky as well and not different from any other business. People are lost money because of putting money on bitcoin and some other put their money on bitcoin and earn big amount of money. What I`m trying to say is that anywhere you put your money if you want to earn profit, there is always risk. So, how can you say people who put their money on Bitcoin is low IQ or foolish?

aioc

hero member

Activity: 2926

Merit: 567

Quote from: Leh-Meh on June 06, 2019, 03:37:37 PM

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.

That somebody is an idiot, and do not know anything about Cryptocurrency, he is the one who does not anything about anything, if people in the cryptocurrency think about the profit that is part of investing in Cryptocurrency, but the majority of us here knows what is cryptocurrency and what it is used for and it's goal as a whole.

Topic: Bitcoin believers/investors are foolish or low IQ people ? - page 7. (Read 1672 times)