Topic: to many poor people? - page 12. (Read 28333 times)

If you hope that the correction that took place this year will significantly reduce the number of poor people who are interested in cryptocurrency, then I want to assure you that this most likely will not happen because in many countries even income of $ 50 a month is considered pretty big, so peoples from poor Asian countries will continue to appear here again and again.

This is kind of funny. Last year there were to many rich people. This year is the opposite. I hope the next year we will be rich again

OP, have you ever asked yourself or bothered to know why cryptocurrency and blockchain technology was invented. It was not invented just for the rich alone, but that the poor should also benefit from it. So whatever was the poor intends or feels he can participate, then should, if that is what will give him financial freedom. Let them just do whatever they can now, inasmuch as it is legit, just for them to get to their desired level.

you need to be kinder
people earn as much as they can or as they see fit, why are you trying to count their "beggarly" earnings. by this you humiliate yourself -  not them

i agree with you as  rytpocurrency world gives us so many opportunities which we can hardly get at the outter world

peope have a right to do as many things as they can an dwant so there are peopel who need more time to understa d how wverything works here

Truly there's an opportunity waiting ahead of using crypto. In fact, it could change someones life just like me. I am a poor guy before but once I exposed to it my life has been changed. For those people who want to leave their poor life I recommend for them to enter this world. In crypto there's a future so grab the opportunity.

Lol, look at all of the replies calling the OP an idiot.
This was back in Feb when the crash just barely started.
I guess people were thinking, "This is just a correction! BTC to 30K baby!"
Now here we are in december with btc in the $3000s haha.

The OP was right, inexperienced, greedy, poor people with dreams of lambos ruined the market.
We had so many idiots thinking crypto is a wonderland where everyone has a chance.
Each person putting in only $1000 and thinking that 1k would turn into a million dollars.
It pushed the market to crazy unsustainable heights and the result is the market got destroyed.

What a great, yet tragic lesson.

In my opinion, the factor of people falling into poverty in the crypto world lies in the carelessness and ignorance of each of us. because if you don't study in detail and immediately join in what you are targeting, then you will get a loss. therefore need to learn before taking action.

Perhaps this is an opportunity for poor but advanced people, for those who want to move forward and achieve something in their lives. Yes, cryptocurrency is a new financial system and it will live in the future.

Only high dreams and always will be. if you don't start with the steps you do then you will not produce something big for yourself.

Not only the problem of poor people or rich people who join crypto. the crypto market will continue to move has become commonplace. do not see them as poor or rich people, they also have a role in building the crypto community. This industry is driven by market capabilities.

It is human nature to try and survive at all costs.  Even when the soul has given up, the body wants to keep going.

If the author of this post wants to point fingers, there's only one culprit in all this.....central banking and bankers.

I'll try to explain.

You see, central banks are running a confidence game on the entire population.  The are also gaslighting us with their major media, which they own lock, stock, and barrel.  They have been at this for a very long time.  So long in fact, an entire planet of common people have gotten used to the idea that the crumbs that fall off the tables of the rich is just how this world works and always has.

The problem is that the population has been yield starved for generations after generations so it is ingrained in all of us that we must live with practically nothing or just enough, when on the other side of the coin the group of families and their lackeys at the top have never lived better than at any time in the last 3000+ years.  The divide between the rich and the poor today is at a greater magnitude than when it was when the Roman Empire started to collapse.  They've over done it again (history rhymes.)

Now when you consider that the world's economy has especially been in the sh****r since the 1970's.  By 2018, the average person has very little if any money available to invest and try to dig themselves out of the debt slavery hoisted upon them by the central banks' consortium.  So now, crypto comes along.  This is the best oppportunity for the bulk of humanity to come along in hundreds of years.  Prior to crypto, you had to have something in the rigged game to get anything at all out of it.  Now that it is here, people can gain wealth with very little skin in the game, thus millions of new yield starved individuals are joining in on the only game in town today.  For the average third-worlder, silver and gold are still too expensive.

This will all blow away and become a distant memory someday soon.  Once the masses start discovering crypto, the bankers will lose control of the crypto markets and us early adopters will be set for life, or possibly generations.  It will be the greatest transfer of wealth in all of know history (unless it did happen before, but just kept from us.)

Ever notice the delicious irony of the US and China being lumped together with some other third world countries as to who can and who cannot participate in crypto?  The USA is supposed to be a bastion of freedom and democracy, but we all know that is only for optics.  The crushing regulations on crypto are there to protect Wall Street profits, period.  Not to protect citizens from financial rape - they want that role exclusively reserved for Wall Street.

Instead of worrying about all those others, worry about your bottom line.  There are no ways to make consistent profits in this nascent market with extreme liquidity issues presently.  It's like beating your head against a wall - but when you think about it, that's exactly what the moneyed class wants you to think.

Instead, I suggest you put your humble shades on and start furiously collecting and holding long term as many and as much crypto assets as you can.  They may not be worth much right now, but they are equivalent to the best scratch tickets you've ever bought, and you need tickets to play this game - and survive.

this industry is driven by market capabilities. not only the problem of poor or rich people joining crypto. the crypto market will continue to move it has become commonplace. not seeing them as poor or rich, they also have a role to play in building the crypto community.

Of course, all people are different - including sometimes poor people come to the crypto market. And it is quite logical that they want to earn money, change their lives for the better. But I believe that they are still useful for cryptography. The current situation and problems are not caused by poor people, but by completely different circumstances.

taht is trie in my opinion it is better to look at the cryptocurrrncy world as at the possibility to develop your thinking for example

peopel have a right to do what they want to do and it does jpt matter how much money they have at that moment

Indeed we should be more wise crypto currency players. Do not make spam that is not possible because it only meets the forum and the market. Crypto currency does not promise someone to be able to get rich right away but this crypto currency benefits those who patiently join crypto currencies. Something that is impossible to do should not be shared here, we better make market analysis and predictions than just making spam. What you say is true that we should not like making crypto currencies that are free to determine profits. With the crypto currency being fluctuating, we should be more realistic and responsible. Don't just join a crypto currency for the purpose of getting rich quickly because it's just the wrong ambition that will harm you.

Yes Yes. I know such people who constantly say that they are waiting for x100. One of my friends bought a coin HOLO and says that he is waiting for x100. 

I got your point and I think you are right, because the majority of the audience does not have any funds to invest in crypto currencies and if they have, they want to earn x100 from each coin that they are investing in.