Crypto currency is suppose to turn the middle class into rich people - page 6.

Herbert2020

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Quote from: bitcoinsc on December 04, 2018, 11:17:57 PM

Crypto currency is suppose to turn the middle class into rich people

this little flawed way of thinking is the exact reason why the altcoin market is a shitshow instead of being a market where we keep seeing innovations and alternative ways of using the greatest technology called blockchain technology!

people have been misled into thinking cryptocurrency is a way of making money and becoming rich and because of that we currently have pump and dump shitcoins instead of having actual "Crypto-Currencies" and that is sad and that is why the altcoins are dying hard these days. people are simply dumping what they pumped before.

Igor.J

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MenaPay - Crypto made easier than cash

Quote from: bitcoinsc on December 04, 2018, 11:17:57 PM

Crypto currency is suppose to turn the middle class into rich people why is that changing now? People got scared of crypto? It's easy money mix in with bankruptcy money. The future is in our hands. Don't be scared . If u know this forum exist , we will have lots of money come 3 years

There will be no rich class, many with a small profit immediately take off, there are enough problems with the market and volatility. All of this will most likely affect regress and not progress for investors.

Moiyah

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Quote from: bitcoinsc on December 04, 2018, 11:17:57 PM

Crypto currency is suppose to turn the middle class into rich people why is that changing now? People got scared of crypto? It's easy money mix in with bankruptcy money. The future is in our hands. Don't be scared . If u know this forum exist , we will have lots of money come 3 years

Well, sort of. But there is also possibilities that higher class people will be downgraded into middle class. Knowing how cryptocurrency's current situation. We cannot really say that all of crypto investors are being successful in terms of trading, investing, etc.

3lyntmy

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Quote from: bitcoinsc on December 04, 2018, 11:17:57 PM

Crypto currency is suppose to turn the middle class into rich people why is that changing now? People got scared of crypto? It's easy money mix in with bankruptcy money. The future is in our hands. Don't be scared . If u know this forum exist , we will have lots of money come 3 years

invest just liked gamble, u just can use ur extra money for investment

ellehcar

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Quote from: bitcoinsc on December 04, 2018, 11:17:57 PM

Crypto currency is suppose to turn the middle class into rich people why is that changing now?

This is saddening that people only see cryptocurrency as a way to improve their finances. This is the main reason why it dumped so hard and is continuously dumping. This kind of thinking is hindering crypto's growth as a technology. Many people are greedy that they just wanted to gain financially, so whenever they hear negative things about it or see even small movement of price downward, they sell off in a rush, without even thinking what cryptocurrency could be 10, 20 years from now. I hope people may see that there's more to crypto than financial gains. In fact, it has many great features as a mode of payment. If only we can change this kind of mentality about crypto, it will reach its full potential, and we will all get what we want from it.

cctv0

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This hope is very good. But investment is not without risk. If the coins you buy have no value, the future may disappear. Don't blindly invest in coins. Investment needs to be cautious. Making money and bankruptcy are all possible.

HardFireMiner

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Quote from: bitcoinsc on December 04, 2018, 11:17:57 PM

Crypto currency is suppose to turn the middle class into rich people why is that changing now? People got scared of crypto? It's easy money mix in with bankruptcy money. The future is in our hands. Don't be scared . If u know this forum exist , we will have lots of money come 3 years

This is one of the most ridiculous statements I saw within the last 2 weeks.

labake

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Hmmm! I love people who only talk with proofs and evidence. Talking without proofs seems not to be genuine discussion base on my personal understanding, I don’t think there is any relationship between cryptocurrency and riches or wealth distribution. It’s just expected to be a kind of monetary network that doesn’t deal with hard copy and the blockchain making transaction a kind of transparent and open ledger. It’s a great innovations though

gostop

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This is not necessarily true. Not every investor can become rich. It is very important to invest coins. It is difficult to earn profits in the cryptocurrency market. Perhaps only a good cryptocurrency market can make investors Make money.

batang_bitcoin

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This is the very wrong idea that everyone got them broke.

With the hope that it can turn them richer than ever made them fall for investing into the wrong coins. They guarantee profits and they are not settling with the other possibilities to their investors. Start thinking that crypto is for everyone but don't think that you'll ever be rich by just investing $1-$100 now overnight.

siddartha1492

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In love with Bitcoin!! 💓💕

Hmm, you have got a very wrong narrative here OP. Crypto currency was never (and isn't) supposed to make anyone rich. There are no guarantees of any sorts that cryptos will keep on rising in terms of prices. Probably this article is perfect for you: https://www.coindesk.com/the-crypto-winter-is-here-and-we-only-have-ourselves-to-blame

Absolutep

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Though in the actual fact,crypto is an opportunity to make some profit but is not to get rich rather is much more than that,crypto and blockchain was design to eliminate third party.

Cat Coin

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In investing in the crypto market, as in any investment, you can either fall or rise. But this market is more democratic, you can invest small amounts in many projects. I think that not only the middle class can rise, but any person, if he is not afraid of the unknown, and is willing to take the risk

Black Coffee

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Quote from: bitcoinsc on December 04, 2018, 11:17:57 PM

Crypto currency is suppose to turn the middle class into rich people why is that changing now? People got scared of crypto? It's easy money mix in with bankruptcy money. The future is in our hands. Don't be scared . If u know this forum exist , we will have lots of money come 3 years

Not everything can happen, because without understanding and knowledge, this is a bad idea that will make someone go bankrupt. I understand what you mean, but they must have experience and maybe someone has to guide or teach them.

EscrowService28

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“The World's 1st Waste to Green Energy DLT Project

Quote from: bitcoinsc on December 04, 2018, 11:17:57 PM

Crypto currency is suppose to turn the middle class into rich people why is that changing now? People got scared of crypto? It's easy money mix in with bankruptcy money. The future is in our hands. Don't be scared . If u know this forum exist , we will have lots of money come 3 years

You're sound pathetic, how can you say that you can earn in crypto after 3 years? A wild guess isn't helping to ease confidence of the crypto society here hence state a fact that can be reliable to read by many.

liuqi

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LuckyB.it is Back!

Quote from: bitcoinsc on December 04, 2018, 11:17:57 PM

Crypto currency is suppose to turn the middle class into rich people why is that changing now? People got scared of crypto? It's easy money mix in with bankruptcy money. The future is in our hands. Don't be scared . If u know this forum exist , we will have lots of money come 3 years

crypto currency will be globalised in one day so it is common for all the users. But some peoples are wrongly understand the crypto technology so we should analyse our own is the right way because this is user friendly so all the users are ready to accept the crypto environment so all the class peoples are using this currency in future.

Alpha0One1

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The printing of something that is considered of value is one of the core foundation of bitcoin.
Banks are not printing BTC but the miners, which are major corporations now.
This is the first time that this happened in history that, NOT the government and financial institutions, are printing or creating something of value.
If you were one of the early adopters last 2011 to 2013, then you are way way ahead of everyone.

covfefe_

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Not true at all. Crypto currency was not supposed to do anything with distributing riches.
It was supposed to be a open ledger to transfer value without intermediate.
But in real it's a way of making rich richer and poor poorer.

cola-jere

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Quote from: bitcoinsc on December 04, 2018, 11:17:57 PM

Crypto currency is suppose to turn the middle class into rich people why is that changing now? People got scared of crypto? It's easy money mix in with bankruptcy money. The future is in our hands. Don't be scared . If u know this forum exist , we will have lots of money come 3 years

I sort of agree that crypto currencies can redistribute wealth to the masses. Maybe not ultra-rich, but everyone has an "almost equal" playing field to earn something in the crypto space. No matter where you are in the world as all you need is access to internet.
The first crypto believers are already on top of the pyramid.

bitcoinsc

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Crypto currency is suppose to turn the middle class into rich people why is that changing now? People got scared of crypto? It's easy money mix in with bankruptcy money. The future is in our hands. Don't be scared . If u know this forum exist , we will have lots of money come 3 years

Topic: Crypto currency is suppose to turn the middle class into rich people - page 6. (Read 745 times)