because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha haahaa
Do you think we still need rich people in this community ?
Because I really don't think so. Talk about these rich people, what good do they bring to this community ?
To be sincere, it's quite nothing. All they do is come to fill in their pockets and get richer. They come and they invest billions of dollars and cause the market price to run up and when it reaches their target profit, they will withdraw their money and the market will fall again. They have gotten and made a lot of us here to lose our money, and of course, the lucky ones do gain from the bubble. But, these rich guys are only making themselves more rich and they don't care about this community.
Rich people hold and speculate, they don't use Bitcoin. And whatever you say, we do the same when we trade BTC for x,y,z we're only doing it for a profit. Yes, they do it with millions, I can't blame people for being millionaire, I would do probably the same. You are not rich if you don't convert it to fiats or for another asset.