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Topic: What do you think? - page 27. (Read 20165 times)

hero member
Activity: 700
Merit: 500
June 08, 2017, 09:18:45 AM
One swallow does not make a summer

Indeed, these farms have millions of dollars invested, and their owners cannot be called poor in any sense of the word. But the question seems to be more about those rich dudes who might be interested in Bitcoin as an investment asset. Given that, apart from the Winklevii twins, I for one don't know about any "rich" name linked to or involved in Bitcoin investments (i.e. about dudes like George Soros and Warren Buffett, or even someone of a smaller caliber). So the twins are sort of outliers, and we don't know how they feel about their Bitcoin investments now (after the SEC rejected their ETF application)

I think they feel pretty good 'cause they earned $11 Million due to their investments in Bitcoin

This is what we would feel if we earned that much

Maybe, they sincerely hoped for more, a lot more, and with their ETF approved, they might have expected to earn literally billions, not some spare change like measly 11M dollars. Regarding other dudes you mentioned, they are more likely to be what is called "from rags to riches" and "from zero to hero". I guess anyone of us would earn as much if we had been first, lucky enough to enter Bitcoin at the very early stages, and, second, wise enough to keep our coins as long

It is possible that we could really earn millions if this bitcoin ETF will be approved by the SEC, because the price of bitcoin would continue to rise up and travel to the moon. Countries in the different continent will embrace bitcoin because they are going to realized in the end that bitcoin could be the reason why their country would going to have more progress.
legendary
Activity: 3514
Merit: 1280
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June 08, 2017, 06:36:56 AM
One swallow does not make a summer

Indeed, these farms have millions of dollars invested, and their owners cannot be called poor in any sense of the word. But the question seems to be more about those rich dudes who might be interested in Bitcoin as an investment asset. Given that, apart from the Winklevii twins, I for one don't know about any "rich" name linked to or involved in Bitcoin investments (i.e. about dudes like George Soros and Warren Buffett, or even someone of a smaller caliber). So the twins are sort of outliers, and we don't know how they feel about their Bitcoin investments now (after the SEC rejected their ETF application)

I think they feel pretty good 'cause they earned $11 Million due to their investments in Bitcoin

This is what we would feel if we earned that much

Maybe, they sincerely hoped for more, a lot more, and with their ETF approved, they might have expected to earn literally billions, not some spare change like measly 11M dollars. Regarding other dudes you mentioned, they are more likely to be what is called "from rags to riches" and "from zero to hero". I guess anyone of us would earn as much if we had been first, lucky enough to enter Bitcoin at the very early stages, and, second, wise enough to keep our coins as long
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
June 07, 2017, 01:30:46 PM
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..

Some rich people are interested in using bitcoin and some are using it already, and I think if they will be using it more that's a good thing. Since it is very unlikely that any rich family would spend over $36 billion to acquire all BTC, I think we are safe.  Smiley

In fact rich persons using bitcoin are very few and they are way too skeptical so I don't think they are investing heavily in bitcoin. People who are from medium class I see are investing a lot, for medium class I say people who can afford to buy a new car when they want, have nice vacations when they want and don't mind hospital spendings, at least in my country this is what defines a medium class family. Person from these families or young people who are technology related are buying a lot of mining PC-s, I see in my country the RX 480 is out of stock in every major vendor of electronics.

I disagree with this. What about big mining farms with hundreds and sometimes with thousands of Antminers? Only very rich people can afford that. You can mine only altcoins other than Bitcoin with RX 480 these days and although I don't think it's a wrong move to mine them, we have to admit that Bitcoin mining more and more becomes a prerogative of the rich

One swallow does not make a summer

Indeed, these farms have millions of dollars invested, and their owners cannot be called poor in any sense of the word. But the question seems to be more about those rich dudes who might be interested in Bitcoin as an investment asset. Given that, apart from the Winklevii twins, I for one don't know about any "rich" name linked to or involved in Bitcoin investments (i.e. about dudes like George Soros and Warren Buffett, or even someone of a smaller caliber). So the twins are sort of outliers, and we don't know how they feel about their Bitcoin investments now (after the SEC rejected their ETF application)

I think they feel pretty good 'cause they earned $11 Million due to their investments in Bitcoin.  Smiley

Also there's a guy, Jered Kenna, who started investing in BTC when Bitcoins were only 20 cents per coin and he has earned over $30 Million by now.

Another big investor is Charlie Shrem, a well known to Bitcoin community person, who bought a big quantity of BTC when it was cheap, and now he has over $45 Million.

But I agree with you in general. Most of the famous rich people are not investing in Bitcoin, yet.
For the truly rich buying bitcoin is just spare change, I’m not really sure why they don’t see the opportunity and take them, maybe they see bitcoin as a treat to the status quo and since they are happy with it and the way things are then they decide to reject bitcoin instead of seeing it as an opportunity to earn even more money and become even more powerful.

I think, it's simpler than that. They don't decide to reject Bitcoin, they just have no time to see what it is. They drink, smoke, snort or whatever they do, and they have no time for anything else. Of course they have financial advisers but those people do mostly the same things. And that's it, no conspiracies, no nothing. As simple as that.

And of course we have others about some of which I have told in the quoted text above.
full member
Activity: 139
Merit: 100
HelpMyWallet
June 07, 2017, 10:23:17 AM
I guess we are all hoping we get rich off bitcoin... But "most: rich people are smart with their money, so yes I will be interested in Bitcoin.
member
Activity: 98
Merit: 10
June 07, 2017, 10:20:07 AM
Today i am thinking about my subjects tomorrow the rizal and the physics. I am not worrying about it but i am so confused on the professors that we will be having with. I am expecting for favorable things that will happen to me tomorrow and i pray that my professors will not be hard for me so that i can be able to focus on my studies.

Have you even read the topic i have posted? Or at least the tittle?? Do you think people in this forum give even a bit fck about your personal life?? What the hell's your problem man?? You are fcking slapping me in the face with insult by posting that unrelated reply in this discussion! Please do think next time before you post on topics coz it can really offend people specially the ones who started the discussion or topic.
I don't feel the need to apologize for this reply. But still, I'm sorry for the bad words its just that you have made me so upset that i needed to express my self this way or this harsh.
I just hope you don't do this again.
member
Activity: 98
Merit: 10
June 07, 2017, 09:46:17 AM
Today i am thinking about my subjects tomorrow the rizal and the physics. I am not worrying about it but i am so confused on the professors that we will be having with. I am expecting for favorable things that will happen to me tomorrow and i pray that my professors will not be hard for me so that i can be able to focus on my studies.
sr. member
Activity: 348
Merit: 250
June 07, 2017, 06:32:18 AM
I think they'd care. It's a way of making more money after all. So why wouldn't they?
Probably the only ones who wouldn't are those 2nd-3rd generation rich kids who only knows how to spend. Probably.  Cheesy

I don't believe that just because someone's rich, they wouldn't care about earning more. As for earning from bitcoin, they could do it themselves or just hire someone to manage it for them. Easy.






The issue is that bitcoin will tend to attract more rich people that are either very interested in technology or rich people that made their fortune trading stocks, if someone became rich by creating a product or something like that then it is unlikely they are going to get into bitcoin because they are not going to understand why they need bitcoin in the first place.

Well currently bitcoin has become more normal to the masses, which include both rich and 'poor' people. In the end it will do for what is was invented... just a currency and not so much an investment vehicle.
Even if bitcoin effectively becomes a currency for the masses, I think bitcoin is never going to lose its appeal as an investment vehicle especially if we take into account that all the other currencies of the world are treated as investment vehicles as well the difference is there is so much money in those markets that making a big pump is almost impossible unlike bitcoin.
Sure, not only Bitcoin, rich people like altcoins too. We can see growth ETH, Ripple, NEM, DGB, STR ...  past 3 months. Many Trader take more profit from that, some traders become to new Billionaire Dollar on the World's Grin
hero member
Activity: 742
Merit: 500
June 07, 2017, 05:37:57 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..
Rich people would invest in bitcoins to become more rich.They may use it for money laundering.But they are not in desperate need of bitcoin like poor people.
sr. member
Activity: 938
Merit: 256
June 06, 2017, 10:03:49 PM
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..



I think everyone can do business in bitcoin, bitcoin business opportunities are created for public and there is no limit to either wealth, rank or age. Because they also must see the potential and business opportunities contained in bitcoin.dengan participate entrepreneurs and investors is a good signal For bitcoin which is certainly very useful for development, and this benefit can be felt for all bitcoin users.
hero member
Activity: 784
Merit: 504
Dream become broken often
June 06, 2017, 09:05:59 PM
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..

Rich will keep getting Richier n they give no shits about BTC,  like a drop in a ocean for them
sr. member
Activity: 423
Merit: 250
June 06, 2017, 08:13:26 PM
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..
I think it's a little bit unreasonable for those rich personalities to engage in bitcoin. I don't think they need it anymore, except if they find it more accessible and more easy to use than cash. Or if there are things, gadgets or cars that can only be bought through bitcoin or exclusively for bitcoin. But they won't use it for earning purposes. Still, we don't know what is inside their minds.
sr. member
Activity: 518
Merit: 250
June 06, 2017, 08:05:50 PM
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..
Of course yes. Bill Gates have already invested in bitcoins for your information as we can see he stated his opinion in bitcoin. Therefore, we can expect that a lot of rich families and personalities might invested already in bitcoin as it becomes more popular and people recognized it as legal investment.
then we can expect that many who are rich and personality because invested bitcoin has become the thing that especially so many people gather and seek more and more devotees are bitcoin due to his high value price
full member
Activity: 182
Merit: 100
June 06, 2017, 08:03:37 PM
I think yes they may be interested and attracted in bitcoin because bitcoin is a good investment and they see its work and safe. They attract in bitcoin because they easily earn and get good profit in a short term but many curious. Its good that  they accept bitcoin. And i know they exciting its better currency and has a potential. And i think more is dreaming in bitcoin and they earn expect profit if invest in bitcoin. This is possible that they attract and they know that this a many advantages and its famous. Being rich they can made more money. They can be attract of these following characteristics its easy to set up and fast.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
June 06, 2017, 05:21:51 PM
The richest people in the world might be attracted to bitcoin if they know the bitcoin of a person who can explain well about bitcoin.
If any of the richest people who are interested in bitcoin to invest this is good news for bitcoin because they big investors will have a positive impact on bitcoin prices as we now feel the rising bitcoin prices are getting better.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 06, 2017, 05:05:34 PM
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..

Some rich people are interested in using bitcoin and some are using it already, and I think if they will be using it more that's a good thing. Since it is very unlikely that any rich family would spend over $36 billion to acquire all BTC, I think we are safe.  Smiley

In fact rich persons using bitcoin are very few and they are way too skeptical so I don't think they are investing heavily in bitcoin. People who are from medium class I see are investing a lot, for medium class I say people who can afford to buy a new car when they want, have nice vacations when they want and don't mind hospital spendings, at least in my country this is what defines a medium class family. Person from these families or young people who are technology related are buying a lot of mining PC-s, I see in my country the RX 480 is out of stock in every major vendor of electronics.

I disagree with this. What about big mining farms with hundreds and sometimes with thousands of Antminers? Only very rich people can afford that. You can mine only altcoins other than Bitcoin with RX 480 these days and although I don't think it's a wrong move to mine them, we have to admit that Bitcoin mining more and more becomes a prerogative of the rich

One swallow does not make a summer

Indeed, these farms have millions of dollars invested, and their owners cannot be called poor in any sense of the word. But the question seems to be more about those rich dudes who might be interested in Bitcoin as an investment asset. Given that, apart from the Winklevii twins, I for one don't know about any "rich" name linked to or involved in Bitcoin investments (i.e. about dudes like George Soros and Warren Buffett, or even someone of a smaller caliber). So the twins are sort of outliers, and we don't know how they feel about their Bitcoin investments now (after the SEC rejected their ETF application)

I think they feel pretty good 'cause they earned $11 Million due to their investments in Bitcoin.  Smiley

Also there's a guy, Jered Kenna, who started investing in BTC when Bitcoins were only 20 cents per coin and he has earned over $30 Million by now.

Another big investor is Charlie Shrem, a well known to Bitcoin community person, who bought a big quantity of BTC when it was cheap, and now he has over $45 Million.

But I agree with you in general. Most of the famous rich people are not investing in Bitcoin, yet.
For the truly rich buying bitcoin is just spare change, I’m not really sure why they don’t see the opportunity and take them, maybe they see bitcoin as a treat to the status quo and since they are happy with it and the way things are then they decide to reject bitcoin instead of seeing it as an opportunity to earn even more money and become even more powerful.
full member
Activity: 140
Merit: 100
June 06, 2017, 08:54:21 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..

I don't think so. As log as a profitable involve and currency i think any one ca be involve in bitcoin community.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
June 06, 2017, 08:42:28 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..

Some rich people are interested in using bitcoin and some are using it already, and I think if they will be using it more that's a good thing. Since it is very unlikely that any rich family would spend over $36 billion to acquire all BTC, I think we are safe.  Smiley

In fact rich persons using bitcoin are very few and they are way too skeptical so I don't think they are investing heavily in bitcoin. People who are from medium class I see are investing a lot, for medium class I say people who can afford to buy a new car when they want, have nice vacations when they want and don't mind hospital spendings, at least in my country this is what defines a medium class family. Person from these families or young people who are technology related are buying a lot of mining PC-s, I see in my country the RX 480 is out of stock in every major vendor of electronics.

I disagree with this. What about big mining farms with hundreds and sometimes with thousands of Antminers? Only very rich people can afford that. You can mine only altcoins other than Bitcoin with RX 480 these days and although I don't think it's a wrong move to mine them, we have to admit that Bitcoin mining more and more becomes a prerogative of the rich

One swallow does not make a summer

Indeed, these farms have millions of dollars invested, and their owners cannot be called poor in any sense of the word. But the question seems to be more about those rich dudes who might be interested in Bitcoin as an investment asset. Given that, apart from the Winklevii twins, I for one don't know about any "rich" name linked to or involved in Bitcoin investments (i.e. about dudes like George Soros and Warren Buffett, or even someone of a smaller caliber). So the twins are sort of outliers, and we don't know how they feel about their Bitcoin investments now (after the SEC rejected their ETF application)

I think they feel pretty good 'cause they earned $11 Million due to their investments in Bitcoin.  Smiley

Also there's a guy, Jered Kenna, who started investing in BTC when Bitcoins were only 20 cents per coin and he has earned over $30 Million by now.

Another big investor is Charlie Shrem, a well known to Bitcoin community person, who bought a big quantity of BTC when it was cheap, and now he has over $45 Million.

But I agree with you in general. Most of the famous rich people are not investing in Bitcoin, yet.
sr. member
Activity: 714
Merit: 250
June 06, 2017, 08:25:39 AM
For now, I am thinking about my subjects at school. Today is our first day of school . I am now a fourth year student and I am planning for my future. O what are the things that can help me to be rich in a short period of time. And those useful things and tasks that I will do in able to earn money .
hero member
Activity: 868
Merit: 500
June 06, 2017, 08:15:31 AM
Crypto world is for everyone being poor, or from elite doesnt matter once they join all wanna one thing be able to earn money with the investment. Sure the rich people will have lower interest into bitcoin then others classes but its normal why would they risk they money if they have already a good life, it just doesnt make any sense.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 04, 2017, 01:53:48 PM
I think they'd care. It's a way of making more money after all. So why wouldn't they?
Probably the only ones who wouldn't are those 2nd-3rd generation rich kids who only knows how to spend. Probably.  Cheesy

I don't believe that just because someone's rich, they wouldn't care about earning more. As for earning from bitcoin, they could do it themselves or just hire someone to manage it for them. Easy.






The issue is that bitcoin will tend to attract more rich people that are either very interested in technology or rich people that made their fortune trading stocks, if someone became rich by creating a product or something like that then it is unlikely they are going to get into bitcoin because they are not going to understand why they need bitcoin in the first place.

Well currently bitcoin has become more normal to the masses, which include both rich and 'poor' people. In the end it will do for what is was invented... just a currency and not so much an investment vehicle.
Even if bitcoin effectively becomes a currency for the masses, I think bitcoin is never going to lose its appeal as an investment vehicle especially if we take into account that all the other currencies of the world are treated as investment vehicles as well the difference is there is so much money in those markets that making a big pump is almost impossible unlike bitcoin.
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