Topic: If bitcoin go high the poor will not participate - page 8. (Read 1447 times)
Bitcoins never characterize the economic status of holders, unless they just call themselves. I still find lots of people mentioning a small price of $5-10 bitcoin in their service here. If it's converted, it's just a small bitcoin fraction, $5 is still very affordable for everyone. Now that bitcoin only needs 100% increase to reach 100k, will retail services also not be able to participate in bitcoin business or suddenly refuse poor customers?
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There are still plenty of options for everyone. Besides bitcoin, we also have many altcoins like eth, bnb, ada, sol... all very good. we should not force us to buy exactly 1btc or 1eth. As everyone said above, you can buy as much as you want as long as it fits your budget. Bitcoin is for everyone. without distinction of class, without distinction of race, and without geographical limitation.
It is right because people will have their own choice to invest in crypto. They need to adjust their money and not buy bitcoin if they do not have much money. Maybe they can spreads their money into many coins, especially for the low price coins that have the potential to increase. Once they can profit from the altcoin, they can buy bitcoin and not sell it for a long time unless the price rises so high. Hopefully, before people invest their money in crypto, they should search for information from valid resources to select the right coin. 
Bitcoin is open for everyone. Whether one is rich or poor as long as somebody has spare money on it and access the web, he or she can purchase bitcoin. What would the amount of btc? That is a different story . For as long as there is an exchange, a btc wallet and the Internet, it would as easy to buy bitcoin regardless of financial status.
But the funny truth is more people invested on it when the price is too high, and after they invested in the price back to it's true value price and they regret their decission.
This is the pyschology when people are seeing something hype and might be profitable for them, they immediately joins without any prior knowledge on what they are doing. And most people got profits from it and some people are just greedy and hold their coins that already in profits and hunger for more profits. After the price drops they sell em in loss position, this usually happen for new people in crypto.
This is the pyschology when people are seeing something hype and might be profitable for them, they immediately joins without any prior knowledge on what they are doing. And most people got profits from it and some people are just greedy and hold their coins that already in profits and hunger for more profits. After the price drops they sell em in loss position, this usually happen for new people in crypto.
I am thinking that if the bitcoin continue to go up to $100,000 and above. it will be expensive for the poor people to invest. It will be for only rich people. It will be better for bitcoin will not go so much high so that it will be affordable to everybody to invest and have profit.
I will like to read and learn for everyone here.
I will like to read and learn for everyone here.
Makes sense but who cares? Those people will invest in "cheaper" low market cap coins thinking that some of them will be the next "bitcoin". And you know what? Most of the time they are right. When bitcoin makes x10, those shitcoins make x100. You need to invest 10k in bitcoin to make 100k after a x10 rise and they can invest 1k and can make 100k after a x100 rise.
That's why alts will never go away and keep eating bitcoin's market share. I believe Richard Heart also saw this and came up with his own shitcoin. (and it did pretty well - as a pump and dump)
There are still plenty of options for everyone. Besides bitcoin, we also have many altcoins like eth, bnb, ada, sol... all very good. we should not force us to buy exactly 1btc or 1eth. As everyone said above, you can buy as much as you want as long as it fits your budget. Bitcoin is for everyone. without distinction of class, without distinction of race, and without geographical limitation.
I am thinking that if the bitcoin continue to go up to $100,000 and above. it will be expensive for the poor people to invest. It will be for only rich people. It will be better for bitcoin will not go so much high so that it will be affordable to everybody to invest and have profit.
I will like to read and learn for everyone here.
I will like to read and learn for everyone here.
This proposition itself is a mistake. If you don't have the financial strength to go to a Michelin restaurant, do you just have the power to fill your stomach? If you don’t have the money to make your own car beautify, can you make the car shine at home? If you don’t have money to buy a Mickey Mouse for your child, can you give your child a fun birthday in another way? Bitcoin is just as fair as happiness. There is no discrimination in the encryption world, no one prevents you from joining, and there is no politics here. What you need to do is simple, fill your brain with encryption knowledge, and then learn to control your desires and hold it for a long time. Don't compare. Hope you good luck.
Any price trend in Bitcoin is beneficial to everyone, regardless of the poor and the rich. If you follow the idea of op, then the lower the price, the more the poor will benefit. We should choose according to our own ability. If we can generally buy in small amounts, Slowly growing, Bitcoin is suitable for all of us, it all depends on whether we accept Bitcoin or not.
I am thinking that if the bitcoin continue to go up to $100,000 and above. it will be expensive for the poor people to invest. It will be for only rich people. It will be better for bitcoin will not go so much high so that it will be affordable to everybody to invest and have profit.
I will like to read and learn for everyone here.
No, you're wrong. because you can buy bitcoin in any amount. so the price of bitcoin is not the benchmark here. and after all, there are other cryptos that can be an alternative choice. remember in investing in bitcoin there is no rule that you have to buy 1btc or so. invest how much it doesn't matter, so even poor people can still invest even though the bitcoin price goes up high. I will like to read and learn for everyone here.
The number of bitcoins to be purchased depends on the individual. If the price of Bitcoin skyrocketed and the unit price is too high, we can choose not to buy the whole Bitcoin, we can choose a part. This is not anyone's choice to limit your choice. Now there are many retail investors who buy a part of Bitcoin and choose any amount you want.
After the price reaches $100k... of course there will be more attempts to get Bitcoin without having to buy it, maybe certain companies or projects will appear and poor people can work there or be helped by someone, and maybe even more activities of many people on the internet associated with Bitcoin which is increasingly recognized, because it is basically not just investing. If it is possible to invest, it can put a few or a small amount, nothing is impossible if the poor person continues to try his best and has a strong commitment.
this is 10000% wrong people always can buy the bitcoin satoshi, or invest in other cryptocurrency not just bitcoin itself. and in my opinion start from now is also good but you need price correction finish 
If you only have $100 in your pocket, then just only invest Bitcoin equivalent to $100.
Investing in Bitcoin is not just for the rich people, maybe because of gadgets and internet connections making it hard for the poor people to get involved with this but nobody had to stop them if they want. Everyone is welcome as long as you can take the risk and as long as you have trust in Bitcoin.
I think the mindset of OP not yet wide open when talking about crypto and who said if Bitcoin goes to pump like $100k or $1M you cannot afford it? Just like what the above said, even if your money is $1 or $100 you can still invest in Bitcoin no one is left out. And I think you have to consider buying these days because once you see Bitcoin pump up like $100k I don't think you will be happy to see to buy it in that price when you have the chance already given but you ignore to do it. Investing in Bitcoin is not just for the rich people, maybe because of gadgets and internet connections making it hard for the poor people to get involved with this but nobody had to stop them if they want. Everyone is welcome as long as you can take the risk and as long as you have trust in Bitcoin.
If you only have $100 in your pocket, then just only invest Bitcoin equivalent to $100.
Investing in Bitcoin is not just for the rich people, maybe because of gadgets and internet connections making it hard for the poor people to get involved with this but nobody had to stop them if they want. Everyone is welcome as long as you can take the risk and as long as you have trust in Bitcoin.
Investing in Bitcoin is not just for the rich people, maybe because of gadgets and internet connections making it hard for the poor people to get involved with this but nobody had to stop them if they want. Everyone is welcome as long as you can take the risk and as long as you have trust in Bitcoin.
I am thinking that if the bitcoin continue to go up to $100,000 and above. it will be expensive for the poor people to invest. It will be for only rich people. It will be better for bitcoin will not go so much high so that it will be affordable to everybody to invest and have profit.
I will like to read and learn for everyone here.
I will like to read and learn for everyone here.
You don't need to buy a whole Bitcoin, you can buy as little as 1$ if you want
Nobody is left behind when we talk about crypto. Sats (Satoshi) is the key here. We all know that Bitcoin got 8 decimal places and the smallest unit of Bitcoin is called Satoshi or some calling it "Bits".
See? It's how perfect Bitcoin is created, it is for everyone, poor or rich.
I believe that no matter how much Bitcoin will become expensive in the future, there are still people willing to buy it and spend it.
I am thinking that if the bitcoin continue to go up to $100,000 and above. it will be expensive for the poor people to invest. It will be for only rich people. It will be better for bitcoin will not go so much high so that it will be affordable to everybody to invest and have profit.
I will like to read and learn for everyone here.
Just buy Bitcoin with the money that you can afford. I will like to read and learn for everyone here.
We don't need to buy 1BTC only. we can buy Bitcoin with the amount that we have. Some exchanges may have different standards or minimal purchasing in their exchange to buy Bitcoin. But you can buy Bitcoin step by step, little by little. You may buy BTC from $10 and maybe less than it in some exchanges.
That is why crypto is very interesting because we don't need to buy the whole
I am thinking that if the bitcoin continue to go up to $100,000 and above. it will be expensive for the poor people to invest. It will be for only rich people. It will be better for bitcoin will not go so much high so that it will be affordable to everybody to invest and have profit.
I will like to read and learn for everyone here.
I will like to read and learn for everyone here.
You are looking from a really interesting aspect.
Because you don't need to buy at least one Bitcoin when you decide to invest into it. Let's say that you will buy Bitcoin worth $100. For now, it is equal to 0.0021 BTC. And let's say that Bitcoin price is $100k. Then you can still buy $100 worth Bitcoin. Its equal will be just lower than 0.0021 BTC, that's all about it. 
I am thinking that if the bitcoin continue to go up to $100,000 and above. it will be expensive for the poor people to invest. It will be for only rich people. It will be better for bitcoin will not go so much high so that it will be affordable to everybody to invest and have profit.
I will like to read and learn for everyone here.
this in my opinion is not true if you are poor you can still buy according to the poverty rate. For example: you have 10$ you can still buy less than the rich but I think anyone, even if BTC rises to 100k$ or more, anyone can buy it, just a little or a lot.I will like to read and learn for everyone here.
No matter how high the price of Bitcoin is, it doesn't matter, because poor people can still buy Bitcoin according to their financial capabilities. Because
we don't have to buy 1 BTC to invest in Bitcoin, we can even buy Bitcoin for $10. So the more expensive the price of Bitcoin, don't make Bitcoin just for
the rich. This is what makes Bitcoin more attractive than other assets, like investing in real estate it's only for the rich. Because we can't buy land or
houses with $10, but investing in Bitcoin is for everyone.
Bitcoin is for everybody and it isnt created for a specific person, institution or group of people which means you can buy it even if your poor.It doesnt matter on how much you would spent because you can buy on small parts and just like on what other been saying that you can buy on small fractions and doesnt need to be a whole.
it's nonsense. where they were poor people when bitcoin was less than $30k btw. it's just few weeks ago or when <$10k. now they too could be rich or if the price really comes up to $100k.
no matter, if Bitcoin value going up 15%, the same per cent is for the rich and the poor. so everyone who invested at least one dollar will have a profit of 15%.
Gains and losses would really be just the same in terms of percentage but of course the difference can be seen is on the total amount because
we do have different capability in regards to financial.
it's nonsense. where they were poor people when bitcoin was less than $30k btw. it's just few weeks ago or when <$10k. now they too could be rich or if the price really comes up to $100k.
no matter, if Bitcoin value going up 15%, the same per cent is for the rich and the poor. so everyone who invested at least one dollar will have a profit of 15%.
we do have different capability in regards to financial.
I am thinking that if the bitcoin continue to go up to $100,000 and above. it will be expensive for the poor people to invest. It will be for only rich people. It will be better for bitcoin will not go so much high so that it will be affordable to everybody to invest and have profit.
I will like to read and learn for everyone here.
I will like to read and learn for everyone here.
it's nonsense. where they were poor people when bitcoin was less than $30k btw. it's just few weeks ago or when <$10k. now they too could be rich or if the price really comes up to $100k.
no matter, if Bitcoin value going up 15%, the same per cent is for the rich and the poor. so everyone who invested at least one dollar will have a profit of 15%.
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