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Topic: Are you interested in Bitcoin because of the concept or to get rich? - page 4. (Read 9658 times)

hero member
Activity: 798
Merit: 1000
LIR Dev. www.letitride.io
More the concept than getting rich, though I wouldn't complain if I manage to make a few extra satoshis Smiley

People who are just holding btc to cash out at a later date will feel the most pain financially. Fiat is dead.

Maybe they don't want to just cash out? I'd like to hold my coins not to cash out to fiat but so I can actually buy things with it or pay my bills in it etc. I'd really like to be able to just live off btc as opposed to fiat.

That's pretty much what I hope for in the future, a fiat free life would be immense but I we've got a long way to go yet before that day comes. Soon as you can pay for food:utilities:insurance etc in btc, I'll be saying buh byeee to fiat for good.
full member
Activity: 195
Merit: 100
Purely the concept  the tech behind it and the potential it entices.

Although  I do find  the speculation and drama about the price fluctuation to be quite amusing(sure beats soap opera aka The WWE Grin ), not that I'm going to participate in trading aspect of it.
sr. member
Activity: 534
Merit: 250
The Protocol for the Audience Economy


lol

+1

The money aspect of Bitcoin is only a marginal aspect of the whole frame. We are already seeing its sidechain applications being explored and this is only the beginning.
hero member
Activity: 525
Merit: 500
More the concept than getting rich, though I wouldn't complain if I manage to make a few extra satoshis Smiley

People who are just holding btc to cash out at a later date will feel the most pain financially. Fiat is dead.

Maybe they don't want to just cash out? I'd like to hold my coins not to cash out to fiat but so I can actually buy things with it or pay my bills in it etc. I'd really like to be able to just live off btc as opposed to fiat.
hero member
Activity: 798
Merit: 1000
LIR Dev. www.letitride.io
More the concept than getting rich, though I wouldn't complain if I manage to make a few extra satoshis Smiley

People who are just holding btc to cash out at a later date will feel the most pain financially. Fiat is dead.
hero member
Activity: 525
Merit: 500
It was the concept and the technology that drew me to it, but I also see the potential in it as an investment, so would like to see it grow in that respect.

Of course I am. Smiley

Of course you are what? There's two options, but I'm going to guess it's the latter for you.
newbie
Activity: 26
Merit: 0
Of course I am. Smiley
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
I'm more interested in the concept/community part of it than anything else. Bitcoin has brought together an amazingly diverse mixture of people from all over the world in a way seldom seen before.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
bitcoin trend is not so good now unfortunately....

Well not if your plan is to get rich quick.
hero member
Activity: 666
Merit: 500
bitcoin trend is not so good now unfortunately....
full member
Activity: 238
Merit: 100
No to be rich.. a bit extra of money to buy more steam games
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
everyone want to get rich, thats what life is about Cry

I guess I've been doing it wrong. I thought life was about loving the people that mean the most to you, seeking pleasure and avoiding pain.
newbie
Activity: 28
Merit: 0
everyone want to get rich, thats what life is about Cry
hero member
Activity: 644
Merit: 500
Inspired
Credit cards just do not work in the internet/digital age.

If there were no BTC, something centralized would fill that void.
I'm an advocate for BTC because the marketplace will be better off if it wins.

There's still a long road ahead - and a lot left to prove.
member
Activity: 112
Merit: 10
The corruption of banks and the wealthy has reached the tipping point and now that I have bitcoin I no longer use other currencies on the internet. I for one am not going back.
Took the words right out of my mouth. Well said.

Exactly same
newbie
Activity: 5
Merit: 0
full member
Activity: 486
Merit: 100
This is such a great post.
I don't expect ppl here to understand the bitcoin protocol, but at least what bitcoin really means to humanity and modern society.
But all these lame ppl just buy and wait expecting something to happen.
wonder how far you guys can get.

anyways such a great post

+1
hero member
Activity: 1372
Merit: 783
better everyday ♥
I dont get how bitcoin give the concept of getting rich...

Easy concept.  See December of 2013 for an example of how people might get into Bitcoin to get rich:



Anybody that mined or bought BTC before that spike and held all their Bitcoin are now for the most part rich.
The people that mined likely preordered a BFL ASIC and thus essentially got screwed. Yes they would have profited, however their profits were less then if they had used that money to purchase bitcoin outright

Anybody that mined in the CPU and GPU days that held onto their coin are now "rich", nevermind the BFL ASIC days.  Of course, the ones that mined on CPU/GPU then pre-ordered Butterfly Labs are kicking themselves.  The ones that mined on CPU/GPU then ordered the 1st generation of Avalon and KNC mining equipment most likely profited.
newbie
Activity: 52
Merit: 0
I dont get how bitcoin give the concept of getting rich...

Easy concept.  See December of 2013 for an example of how people might get into Bitcoin to get rich:

https://i.imgur.com/kcD8E3f.png

Anybody that mined or bought BTC before that spike and held all their Bitcoin are now for the most part rich.
The people that mined likely preordered a BFL ASIC and thus essentially got screwed. Yes they would have profited, however their profits were less then if they had used that money to purchase bitcoin outright
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
I dont get how bitcoin give the concept of getting rich...

Easy concept.  See December of 2013 for an example of how people might get into Bitcoin to get rich:



Anybody that mined or bought BTC before that spike and held all their Bitcoin are now for the most part rich.

yes but if u wait for this to happen u might need to wait more cuz this can happen now or in several years
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