But the problem is, who is investing 100k into a new technology? The rich. So the rich get richer. I know it's inevitable, but honestly it's true.
The rich get rich and the poor get rich. If a person really want to change his life and if he want to improve his life and get a better life and lifestyle then they will probably work harder than how they are working now. So if you really want to become rich like the others then you should not think that the rich only gets benefits in bitcoin because they get richer but we can also become a rich person if we will just work hard.
Bitcoin is not a new technology it has been around for 9 years now. The problem here is that Bitcoin with this price range is not as profitable as compared to its early days. Right now your 4000$-5000$ can earn 600$-1300$ compared to before when you purchase Bitcoin when it was value below 200$ which is more than what you will profit now. So even if Bitcoin became 10,000$ it will only double your money but it won't make you rich overnight because you will face the risk everyday.
Exactly mate! That will only possible to those people who have been with bitcoin since day one that's why they become rich but for new ones I'm not so sure about that. Maybe it will happen to the recent time if you have a very big salary which you imvest in bitcoin I think that's the quickest way to be rich and of course say thanks to bitcoin for making a fast response of becoming rich in the society.If I were in that case,I would also do the same if I landed a good job and a greener pasteur with bitcoin's hands. If it is my chance to be rich I will not remove bitcoin in my life and I will be forever grateful for I can help many people and my family. I have one word for that and I mark it.
With bitcoin we had chance to get in early stages and buy bitcoins for very cheap price.
We did not know about bitcoins in that time, some heard but did not believe. That was one
good opportunity for poor people to get rich with investing very little amounts of money.
Some people are already very rich from bitcoins. List that creator of this thread showed to
us is clear, bitcoin price is rising, and with time less and less bitcoins worth $1M. Can we
expect bitcoin to cost $1M one day? Then 0.1 bitcoins will be $100k. Save now and in 9
years maybe you will be rich with just half of bitcoin.
I disagree with you above me, you forget that 9 years ago people needed to have big faith
in bitcoins, to keep them until now and to not sell when they need money. Do as they did and
hold like they did and then we can discuss about it. They had more challenges then we have now!
). Anyway, I think the recent price pump as made a lot more millionaires and a lot more early adopter billionaires. I guess, the saying goes, "to the moon!" The prices are really skyrocketing and I think we'll reach another new floor price for bitcoins.
