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Topic: What do you think? - page 21. (Read 20165 times)

full member
Activity: 291
Merit: 101
https://icoenergy.org/
August 06, 2017, 01:45:18 PM
bill gates has interest in bitcoin, so why would other rich person hate it!? this will be the future of money they can earn from it allot.
sr. member
Activity: 477
Merit: 501
August 06, 2017, 01:33:22 PM
I do believe that crypto currency is for those people who wish to have financial freedom.
Based in my observation, s became a big break for poor people to become rich.
Most of them are those who were literate in the computer language.
Next thing, the rich people would become curious on how those coins set people free from the bondage of poverty.
They would be amazed and they would try to engage in s, as a leading crypto in the coin market today.
extremely agree with you man you explained it really well.
i think it is a unique over tunity for them to became rich through getting into it. invest in it now because in few years some few sathoshi will be enough for you buy a cycle or a bike for an ordinary person.
member
Activity: 224
Merit: 10
I happy to part this Bitcoin Forum
August 06, 2017, 12:22:40 PM
I do believe that crypto currency is for those people who wish to have financial freedom.
Based in my observation, Bitcoins became a big break for poor people to become rich.
Most of them are those who were literate in the computer language.
Next thing, the rich people would become curious on how those coins set people free from the bondage of poverty.
They would be amazed and they would try to engage in Bitcoins, as a leading crypto in the coin market today.
full member
Activity: 145
Merit: 100
August 06, 2017, 12:11:19 PM
The wealthy can also afford to play games with money. Do you have a lot to spend? Fund a FUD campaign and buy coins for half price. Create a craze for a coin and pump to 10x price. Sell for 20x profit. Rinse and repeat.

The old money in the world remains unconcerned with BTC; it is the Bitcoin-wealthy that are having all the fun. Many of those who were into Bitcoin from the start got rich quickly and suddenly found themselves with much more money than they ever imagined they would have. Don't you know, every revolutionary is a closet aristocrat? Do you really think they sold their coins and went to snooze on the beach? No, they stayed glued to BTC and found other ways of magnifying their newfound wealth.
hero member
Activity: 3052
Merit: 651
August 06, 2017, 12:02:17 PM
They are not different from us. They are still people.
But this guys have they own financial managers who makes every decision for them or makes some offer to where their money should go or to be invested.
Perhaps, we should be looking for those people first before we can reach those rich people to invest with bitcoin.
They are actually the one who makes the proposals then it will be a Yes or No only with he rich guy.
copper member
Activity: 658
Merit: 284
August 06, 2017, 11:57:19 AM
Yes, wealthy people can make a difference :

~ If they convert some of their wealth into Bitcoin, the price will go up and everyone will benefit.
~ With Money comes power and influence - If Bill Gates say something good about Bitcoin, people listen.
~ Rich / popular people have resources that might improve Bitcoin. < They might pay developers to improve the code >
~ They have some influence with politicians. < Laws and regulations might be more positive towards Bitcoin >
~ They have influence with banks. < Banks are currently trying to sabotage Bitcoin >
~ They own most big businesses and might influence shareholders to accept Bitcoin in their Malls/shops/services.

So yes, they can have a huge impact on where Bitcoin can go in the future. ^smile^

If we speak about the Rothschild, Morgan's, Rockefeller's etc. then no, they control the banking system, they have no reason on using bitcoin, they never will. If we speak about self made millionaires and billionaires then yes and we already have some and we will continue to have more of them and that could always be a good publicity for bitcoin, enough with the ransomware stories.

Good observations here; Rich families and personalities has a lot to contribute to bitcoin market and community as well as they're more popular and smarter in the eyes of the people more especial in the financial world. People look at them as visionary in terms business or money investments, wherever they invest their money people want to invest their money too because they very good on investing on stock that turns out to best in terms of profit. 
sr. member
Activity: 364
Merit: 267
August 05, 2017, 08:48:08 AM
Bitcoin can be for the poor or rich it really doesn't matter what matters is how we handle our coins or how we spend it. For the rich people they can go investing in different projects they want because they have a lot of money to use but when it comes to the poor taking risk is hard we have to think twice before making decisions about our coins.
full member
Activity: 420
Merit: 100
Qravity is a decentralized content production
August 05, 2017, 08:22:06 AM
Hmm i don't really know, but i think there are many rich people that invest in bitcoin too, since this is so profitable and it'll be dumb for them to pass. Moreover, they have many money to buy bitcoin.
And i think, it won't really effect us? I mean, in bitcoin, they don't really differ between rich and poor people right? And i heard that bitcoin price is based on the demand. If many rich people want to buy bitcoin, isn't the price will be higher and higher? We'll gain many profit if we sell it.
legendary
Activity: 3514
Merit: 1280
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August 05, 2017, 08:17:14 AM
Do you think the richest families or personalities in the world would be interested in using bitcoins??
And if so, would that be a good thing for us small people or negative??
I mean rich people are capabale of so much things, so it makes me wonder..
Well, I think some richest family also invest in bitcoin because they know what bitcoin is fully and they know that its not scam. In addition to that, as of now many richest families already invest in bitcoin and they called whaled that have a lot of bitcoin in their bitcoin wallet.
For the very richest of the rich families, they simply have no need to invest in Bitcoin, at least they don't invest in it themselves. Their financial managers might invest in Bitcoin but the upper percentages simply have no worries about something as mundane as Bitcoin. They really reach a point where it doesn't matter to them and building a bigger number is all they care about. And at that point, they have other people doing the work for them. That's where their knowledge and interaction with Bitcoin likely begins and ends

I certainly understand what you mean to say

But this is no more than your assumption bordering on outright speculation. On the other hand, there is a wisdom saying that you should never outsource the primary source of your income. That basically means that if your primary income comes in through investments, you should hold the reins of management and government in your own hands. This doesn't of course imply that you can't have assistants or managers, but you should still control the primary and most important things all by yourself (regarding your investments). Otherwise, you bear the risk of your income being stolen from you by the rogue and greedy managers (at least, some part thereof)
hero member
Activity: 2590
Merit: 644
August 05, 2017, 01:33:25 AM
Bitcoin is usually used for trading and earning some money. Rich people wont bother about bitcoin because they already have enough funds. Either they purchase bitcoins, it wont affect us i guess. Bitcoin is not a small thing. It has globally increased a lot.

There are rich people who do trading in forex, so maybe there are rich people who invest in bitcoin, this is still possible because we do not know what kind of life a person who uses bitcoin because bitcoin is very anonymous.
There is a lot of people that are investing in bitcoin and also trading other cryptocurrencies and not only the rich does that but also the poor and the middle class people and i believe that they choose bitcoin because they see the things that we also see in the future with bitcoin and that is why they are keep coming to bitcoin and that is why they are active in bitcoin and other cryptocurrencies.
legendary
Activity: 1568
Merit: 1002
August 05, 2017, 01:10:52 AM
Bitcoin is usually used for trading and earning some money. Rich people wont bother about bitcoin because they already have enough funds. Either they purchase bitcoins, it wont affect us i guess. Bitcoin is not a small thing. It has globally increased a lot.

There are rich people who do trading in forex, so maybe there are rich people who invest in bitcoin, this is still possible because we do not know what kind of life a person who uses bitcoin because bitcoin is very anonymous.
sr. member
Activity: 560
Merit: 286
August 05, 2017, 01:03:59 AM
Bitcoin is usually used for trading and earning some money. Rich people wont bother about bitcoin because they already have enough funds. Either they purchase bitcoins, it wont affect us i guess. Bitcoin is not a small thing. It has globally increased a lot.
hero member
Activity: 826
Merit: 529
August 05, 2017, 12:55:34 AM
The rich have so much money that they can do anything. Which is important to them. It is possible that they will buy bitcoin in large quantities so that the effect of bitcoi votality is increasing. For small people it may be hard to buy bitcoin because bitcoin prices are so high. The poor will not buy bitcoin they need a lot of money to buy bitcoin. Different from the rich they will buy and sell their bitcoin easily.
I completely agree with you on this point. your mentioned issue is one of the major reasons for the volatility of Bitcoin. everywhere the specific class of people is doing harmful jobs so that poor class people have been suffered for this act. but it comes naturally. but if the poor class people have taken it seriously then their strategy should be changed.
newbie
Activity: 29
Merit: 0
August 05, 2017, 12:51:05 AM
Which I think of the future by having a lot of bitcoin and investing it, so that old age is in a sustainable state
hero member
Activity: 3038
Merit: 634
August 05, 2017, 12:41:53 AM
Do you think the richest families or personalities in the world would be interested in using bitcoins??

Yes I know they are now into bitcoins and they are about to make a big wave of investment for this.

One day we'll see that almost 30% of total bitcoins will go to those personalities and rich people that are about to enter bitcoin investment.

And if so, would that be a good thing for us small people or negative??

It will definitely a good thing for us.

I mean rich people are capabale of so much things, so it makes me wonder..

They will control the market though it will give the price positive.
Ctn
sr. member
Activity: 644
Merit: 259
August 05, 2017, 12:17:00 AM
That could be possibility because they might be getting quick money through it on large scale by just putting huge amounts of fiat on it. Their stakes could be so big that little change in price might give them huge profits.


But on the hand I also think do they really have got time for it? Or may be they don't care about something like bitcoin that exists. They are having even greater businesses running for them and profit of which is more than anything.


full member
Activity: 224
Merit: 100
August 04, 2017, 11:15:22 PM
The rich have so much money that they can do anything. Which is important to them. It is possible that they will buy bitcoin in large quantities so that the effect of bitcoi votality is increasing. For small people it may be hard to buy bitcoin because bitcoin prices are so high. The poor will not buy bitcoin they need a lot of money to buy bitcoin. Different from the rich they will buy and sell their bitcoin easily.
sr. member
Activity: 812
Merit: 317
August 04, 2017, 11:06:32 PM
I don't really see a point of those type of people trying to use Bitcoin to purchase whatever they want since they're already rich. Bitcoin does not have any weight to it when showing somebody the amount of coins they would have, if they show how many paper money that they have then people will get jealous and is more than likely to be controlled by the holder.
I agree. They have sufficient amount to spend to satisfy their needs. What's the point of getting bitcoins if they have much money which much more convenient to use for daily transactions? Another thing is why they have to risks their profit if they can obtain that in their own jobs or businesses with assurance. Besides the risks, These type of people have no time to spare, i think they can't afford to lose time in this kind of business
I think not all bitcoin holders are rich, some are very dependent on bitcoin to meet their daily needs and maybe they only earn from bitcoin and have no other business at all

The question was not if bitcoin holders are rich it was if rich people invest in bitcoin, I think you missed the point of this thread.

And I agree to an extent with the people you replied to that rich people don't have much time to focus on bitcoin and its related businesses, they simply don't need it.

Understandable.  Rich people will focus more on their business and let us ordinary, middle class or lower class to feast on the opportunity given by bitcoin.  They do not have any time maybe to mine or to do things that we do like as they earn more more than what we do.  Or another possibility is they just bought a huge amount and let it sit and wait for the right moment.
It seems to me that for rich people bitcoin acts in the role of not investment, but in general as a means to hide their finances from the state's eyes. We really understand that using Bitcoin you can evade paying taxes. That's how rich people today are investing in Bitcoin, almost out of their own volition. The fact is that in the world, with the filing of the United States, there is a struggle with unaccounted-for finances.
hero member
Activity: 994
Merit: 544
August 04, 2017, 11:00:08 PM
I don't really see a point of those type of people trying to use Bitcoin to purchase whatever they want since they're already rich. Bitcoin does not have any weight to it when showing somebody the amount of coins they would have, if they show how many paper money that they have then people will get jealous and is more than likely to be controlled by the holder.
I agree. They have sufficient amount to spend to satisfy their needs. What's the point of getting bitcoins if they have much money which much more convenient to use for daily transactions? Another thing is why they have to risks their profit if they can obtain that in their own jobs or businesses with assurance. Besides the risks, These type of people have no time to spare, i think they can't afford to lose time in this kind of business
I think not all bitcoin holders are rich, some are very dependent on bitcoin to meet their daily needs and maybe they only earn from bitcoin and have no other business at all

The question was not if bitcoin holders are rich it was if rich people invest in bitcoin, I think you missed the point of this thread.

And I agree to an extent with the people you replied to that rich people don't have much time to focus on bitcoin and its related businesses, they simply don't need it.

Understandable.  Rich people will focus more on their business and let us ordinary, middle class or lower class to feast on the opportunity given by bitcoin.  They do not have any time maybe to mine or to do things that we do like as they earn more more than what we do.  Or another possibility is they just bought a huge amount and let it sit and wait for the right moment.
member
Activity: 98
Merit: 10
August 04, 2017, 10:40:39 PM
I don't really see a point of those type of people trying to use Bitcoin to purchase whatever they want since they're already rich. Bitcoin does not have any weight to it when showing somebody the amount of coins they would have, if they show how many paper money that they have then people will get jealous and is more than likely to be controlled by the holder.
I agree. They have sufficient amount to spend to satisfy their needs. What's the point of getting bitcoins if they have much money which much more convenient to use for daily transactions? Another thing is why they have to risks their profit if they can obtain that in their own jobs or businesses with assurance. Besides the risks, These type of people have no time to spare, i think they can't afford to lose time in this kind of business
I think not all bitcoin holders are rich, some are very dependent on bitcoin to meet their daily needs and maybe they only earn from bitcoin and have no other business at all

The question was not if bitcoin holders are rich it was if rich people invest in bitcoin, I think you missed the point of this thread.

And I agree to an extent with the people you replied to that rich people don't have much time to focus on bitcoin and its related businesses, they simply don't need it.
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