Author

Topic: Is everyone serious? (Read 95 times)

jr. member
Activity: 238
Merit: 9
February 02, 2018, 12:53:24 PM
#3
A finite number of people invest a finite total sum of money($$$$) in Bitcoin with the idea that they can all become millionaires. Does anyone see a problem, given that none of them had been a millionaire and their collective money are a finite total sum?

Where would the money come from?

Anyone say pyramid?

Why do people feel they have the right to call Bitcoin a scam just because many people believe in it? Now, do you understand that many people bought shares of google with the expectation of earning money? Is google a scam?
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
February 02, 2018, 12:46:52 PM
#2
I mean there are some people that joined in thinking that they would make a good amount of money, but these are also the same people that joined in at the top of bitcoin (near the point of 20k) so they thought that they would be becoming millionaires. This is the FOMO (fear of missing out) that these people had issues with.

Most of the money here is instutituional and regulars who think that they will make some money, like investing in stocks or anything like that. We're not looking for big gains just some extra cash.

HODL memes are as they are, memes.
newbie
Activity: 14
Merit: 0
February 02, 2018, 12:44:07 PM
#1
A finite number of people invest a finite total sum of money($$$$) in Bitcoin with the idea that they can all become millionaires. Does anyone see a problem, given that none of them had been a millionaire and their collective money are a finite total sum?

Where would the money come from?

Anyone say pyramid?
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