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Topic: Do bitcoin millonaires deserve their wealth? - page 24. (Read 3441 times)

member
Activity: 168
Merit: 10
It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
i think yes,because they invest thier money on it,they take a risk for it,they lend time for it,so they deserve the wealth what they have now.
legendary
Activity: 2268
Merit: 1278
It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
I think they deserve what they've got because its their blood and sweat, it's they pay-off of what they have done for the to be a millionaire. Because you can't be a millionaire if you do nothing, the reason why they become millionaire is their hardworks that paid-off. You can be a millionaire if you want to especially when you have the desire to be a millionaire.

It is a combination of courage, hard-work and luck. They were lucky, because other investors have lost huge amounts of money in investing in other similar schemes. And I would say that they were courageous, as they decided to invest in Bitcoin despite all the negative propaganda.
There were no similar schemes before bitcoin.
newbie
Activity: 112
Merit: 0
I think they deserve it ,because they take the risk to invest and they wait for the price to increase and of course their effort must be a good wealth they work for it to be rich so they deserve it .You all deserve it right ??
full member
Activity: 238
Merit: 100
Janinjo tips
Everyone deserves to be a millionaire. Even those bitcoin millionaires that don't have a clue about anything. There is enough wealth in the world that anyone can be a millionaire and I think everyone should be financially secured and not to live in poverty. But of course, it's not fair that someone is trying really hard to earn money and someone  gains their money with luck....
legendary
Activity: 896
Merit: 1000
It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
In the moment we are borne not each of us has the same chances in life but since we are talking of a growing industry i don't think that we can judge if someone deserves to be or not millionaire. If he is a millionaire then he was inspired and invested his money in a good market moment.
member
Activity: 308
Merit: 14
Yes offcaus, bitcoin millionaire deserve their wealth, because it take alot of sacrifice, before they get their wealth, its not an easy tasks to make money from bitcoin, talk more of be a millionaire through bitcoin.
sr. member
Activity: 1512
Merit: 316
They really deserve it. Because they are the people who believed in bitcoins and waited for a long time and hoped it would really happen that the price of bitcoins would increase. And it's now! They deserve to be rich because of bitcoins

It is obvious that those who are wealthy today at some point in their life had take a huge risk to build the huge empire today. Nobody during initial stage of the billionaires where sure that today they would be billionaire. It is a huge efforts, risk, patience, hardworking, vision and backing them self that this is possible and same applies for the bitcoin billionaires as well.
hero member
Activity: 2268
Merit: 789
It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?

Most bitcoin millionaires that I know are the individuals who risked their money way back in 2012. The fact that they risked large amounts of cash to something that is very unexpected to skyrocket (in terms of price) are sufficient enough to prove that they deserved it. Having knowledge in the economy aspect like predicting price drops, trading services, or investing into risky entities give you an edge against competitors in the market but that does not mean that every investor should know it. It is not mandatory but it is highly encouraged in order for you to reduce the chances of losing all of your investments.

No one can predict bitcoin price a few hours later . their money is  the benefit of trust in crypto and such a god's blessing for people have a big hopes in bitcoin to change their life . this is for those people who believe in crypto. as long as the process is done without harming other people I think it's fair enough.

That is the reason on why people who have the courage, determination, and luck deserve to be millionaires. I'm not only talking about the cryptocurrency aspect or investing in general, but to people who have sacrificed their efforts in order to reach their goals. Many have aspired to millionaires someday but only a few can work their ass-off in order to achieve their dreams.
member
Activity: 327
Merit: 11
First of all, define "fair".
Yeah, that's what pops up in my mind first on reading this thread. Anyway, even if they becoming rich because of bitcoin is pure luck, there's nothing much to complain. I'm sure even if I'm exposed to bitcoin earlier than these people, I'm sure I will be too lazy to explore about it. Remember 'lady luck favors the one who tries'.
hero member
Activity: 658
Merit: 851
the question should be asked for every millionaire ,not just btc millionaires.
does a soccer player deserve so much money ,does someone who crushed others in order to get rich deserve it ,does a heir deserve his parents money ...?

hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
I think they deserve what they've got because its their blood and sweat, it's they pay-off of what they have done for the to be a millionaire. Because you can't be a millionaire if you do nothing, the reason why they become millionaire is their hardworks that paid-off. You can be a millionaire if you want to especially when you have the desire to be a millionaire.

It is a combination of courage, hard-work and luck. They were lucky, because other investors have lost huge amounts of money in investing in other similar schemes. And I would say that they were courageous, as they decided to invest in Bitcoin despite all the negative propaganda.
I believed that those first two characteristics which is courage and hard work is the real reason why they are millionaire or having a good amount of wealth but for luck, i don't think that it is appropriate because the luck is not counted since if you are hard working and you are brave or courageous to invest into something then it will really pay off.
sr. member
Activity: 457
Merit: 262
It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
I think they deserve what they've got because its their blood and sweat, it's they pay-off of what they have done for the to be a millionaire. Because you can't be a millionaire if you do nothing, the reason why they become millionaire is their hardworks that paid-off. You can be a millionaire if you want to especially when you have the desire to be a millionaire.

It is a combination of courage, hard-work and luck. They were lucky, because other investors have lost huge amounts of money in investing in other similar schemes. And I would say that they were courageous, as they decided to invest in Bitcoin despite all the negative propaganda.
full member
Activity: 248
Merit: 100
WWW.BLOCKCHAIN021.COM
It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
I think they deserve what they've got because its their blood and sweat, it's they pay-off of what they have done for the to be a millionaire. Because you can't be a millionaire if you do nothing, the reason why they become millionaire is their hardworks that paid-off. You can be a millionaire if you want to especially when you have the desire to be a millionaire.
newbie
Activity: 8
Merit: 0
I have heard this soo often, even people saying I just got lucky, at some point i believed it, sure luck has something to do with it but that is not why bitcoin millionaires became millionaires... the true reason of why they deserve it is because of faith.. i remember people telling me I was crazy back in 2011 talking about bitcoin...  the reason anyone who invested back then is a millionaire is because they saw something you couldnt see, we saw potential in such technology and despite all odds and criticism believed.... this payout is a reward for years of being looked at like a lunatic.


A bitcoinaire is one who was able to see past "digital currency to fund the dark web" headlines and understand the true potential of the tech before it was "cool" to do so
member
Activity: 378
Merit: 10
Yes bitcoin millionaires deserve their wealth because they work hard on this. They give their time, effort, knowledge, patience and capital to achieved this kind of success.
full member
Activity: 532
Merit: 106
They really deserve it. Because they are the people who believed in bitcoins and waited for a long time and hoped it would really happen that the price of bitcoins would increase. And it's now! They deserve to be rich because of bitcoins
full member
Activity: 434
Merit: 105
It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
Its all about luck not about knowledge. Many people become millionare through lottery and prize bonds without having any knowlege and efforts.

Excuse me? That's not true. Luck can be use when you're in gambling. But that's different story in earning bitcoin. You need to have knowledge for you to earn bitcoin especially when you have investment in bitcoin. Even in buying bitcoin, you need to use your brain as to when is the right time to buy and sell your bitcoin. Knowledge plays a very important role here in crypto world. Now, how sure you are that some of those who became millionaire doesn't have enough knowledge in bitcoin? Do you guys even think that it's just easy to earn millions in bitcoin? Oh, c'mon! They worked   hard for it! They deserved it! Seems like OP here is not being fair. If you want to became one of those millionaires in bitcoin, then worked hard. What you're doing is not enough. And FYI I just have a very close friend who recently became millionaire of bitcoin and he worked hard for it.
sr. member
Activity: 1512
Merit: 326
No one can predict bitcoin price a few hours later . their money is  the benefit of trust in crypto and such a god's blessing for people have a big hopes in bitcoin to change their life . this is for those people who believe in crypto. as long as the process is done without harming other people I think it's fair enough.
full member
Activity: 406
Merit: 121
It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
Its all about luck not about knowledge. Many people become millionare through lottery and prize bonds without having any knowlege and efforts.
legendary
Activity: 2044
Merit: 1008
Those who worked hard deserves the wealth which they had accumulated. I am just saying that the corrupt politicians and dishonest traders don't deserve their wealth and the other hard working people deserve it.
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