What do you think? - page 30. | Bitcointalksearch.org

neochiny

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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.

Patsakkyy

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Quote from: BarbieCasino on June 02, 2017, 02:56:36 PM

Quote from: Bellator on June 02, 2017, 11:17:35 AM

Quote from: LodisMcguire on June 02, 2017, 08:39:47 AM

Yeah most of rich people didn't care about things like this,they can get whatever they want
bitcoin is for average people like us who try to find a way to make money our own way

rich people also interested on bitcoins they have also interested on it and they have been stored it like the way we do, i have seen it in some articles that even bill gates have been interested on it, and they have a big amount of bitcoins now for their future investment, they also believe that bitcoin will reach millions someday.

yes you are right i also have seen in some articles that bill gate have been interested in bitcoin and have large amount of money invest in bitcoin. and some rich people interested in bitcoin but not all rich people have interest in investment in bitcoin the reason behind is that they have less knowledge about bitcoin. or do not want learn about bitcoin

Many rich people can take advantage and become interested in bitcoin only in the first case if they have the opportunity to avoid taxation and therefore I do not think that these people will be interested in legalizing crypto currency in their country. As far as I understand it entails full control over the users and therefore a positive moment is a good flow of money in Bitcoin, and a negative point is the lack of legal rights.

BarbieCasino

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Quote from: Bellator on June 02, 2017, 11:17:35 AM

Quote from: LodisMcguire on June 02, 2017, 08:39:47 AM

Yeah most of rich people didn't care about things like this,they can get whatever they want
bitcoin is for average people like us who try to find a way to make money our own way

rich people also interested on bitcoins they have also interested on it and they have been stored it like the way we do, i have seen it in some articles that even bill gates have been interested on it, and they have a big amount of bitcoins now for their future investment, they also believe that bitcoin will reach millions someday.

yes you are right i also have seen in some articles that bill gate have been interested in bitcoin and have large amount of money invest in bitcoin. and some rich people interested in bitcoin but not all rich people have interest in investment in bitcoin the reason behind is that they have less knowledge about bitcoin. or do not want learn about bitcoin

South Park

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Quote from: Bionicgalaxy on May 31, 2017, 03:31:52 AM

Quote from: hawthelegend on May 24, 2017, 11:28:27 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..

So what is the purpose to use bitcoin if they are already rich and if they have there own business they could use bitcoin to have an extra income if they are really interested. But if you ask me if i am already rich i will be not interested to use bitcoin. I will be more focus in taking care of my own business.

I think this is what is happening someone that is doing good already don’t see the benefit of bitcoin and instead they look at the risk and then they don’t bother, but personally I think they are making a mistake, since we must take advantage of every single opportunity that presents to us, and bitcoin is an opportunity like no other, they are going to regret it.

Bellator

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Quote from: LodisMcguire on June 02, 2017, 08:39:47 AM

Yeah most of rich people didn't care about things like this,they can get whatever they want
bitcoin is for average people like us who try to find a way to make money our own way

rich people also interested on bitcoins they have also interested on it and they have been stored it like the way we do, i have seen it in some articles that even bill gates have been interested on it, and they have a big amount of bitcoins now for their future investment, they also believe that bitcoin will reach millions someday.

LodisMcguire

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Quote from: markjamrobin on May 24, 2017, 11:45:18 PM

Quote from: hawthelegend on May 24, 2017, 11:28:27 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 that someone's concern is not related to their wealth or poverty. Bitcoin is a digital product, it's only for tech lovers, we all live in the modern world, but there are so many people who do not care about technology, they look at life very simply That is why we need more accurate assessment.

Yeah most of rich people didn't care about things like this,they can get whatever they want
bitcoin is for average people like us who try to find a way to make money our own way

Kray

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In investor/business side, this is good things which means bitcoin more valueable in the market and society, but once they dump price i guess you know what will happen. It's a normal process if they can buy anything with their money, and as a small user we also get good impact because of them

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Quote from: nasipadang on June 02, 2017, 06:11:26 AM

Quote from: Freezingel on June 02, 2017, 05:57:25 AM

No, i don't think the richest family care enough to know what bitcoin is and even if they know, they will treat it like speculative asset. And in my mind, the richest family tend to care more about real business and not some crypto.

I also think rich families are only interested in real business, but many are also praising bitcoins like bill gates saying that Bitcoin is a remarkable technological achievement, we also don't know who is rich family which may be interested about bitcoin, and invest in bitcoin because as we know bitcoin is anonymous

People who are technology aspirants and successful in being rich through innovative technology and related services will gives consideration for investing into bitcoin. Same is the scenario with Bill Gates and other high profile personalities. Others who are being rich through businesses just couldn't have heard it as they focus on other things which is out of technology and innovation.

zedsacs

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Those rich family can do anything, I mean they are capable of doing something because of their money. Like you said, they can use bitcoin if they want. And besides they are rich already then why they are going to use it. If they will use it, then it would have a big impact on us small earners, maybe a good or bad impact.

DoublerHunter

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Quote from: nasipadang on June 02, 2017, 06:11:26 AM

Quote from: Freezingel on June 02, 2017, 05:57:25 AM

No, i don't think the richest family care enough to know what bitcoin is and even if they know, they will treat it like speculative asset. And in my mind, the richest family tend to care more about real business and not some crypto.

I also think rich families are only interested in real business, but many are also praising bitcoins like bill gates saying that Bitcoin is a remarkable technological achievement, we also don't know who is rich family which may be interested about bitcoin, and invest in bitcoin because as we know bitcoin is anonymous

So you don't think that bitcoin is not a kind of business? Because for me; business is where you can get money either active or passive income and you can also get that money from bitcoin because you can get active income from it if you will do trading regularly while passive income if you will just buy and hold for long term and a lot of rich families are now getting interested with bitcoin and the rich people like bill gates is one of the pioneer of it.

nasipadang

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Quote from: Freezingel on June 02, 2017, 05:57:25 AM

No, i don't think the richest family care enough to know what bitcoin is and even if they know, they will treat it like speculative asset. And in my mind, the richest family tend to care more about real business and not some crypto.

I also think rich families are only interested in real business, but many are also praising bitcoins like bill gates saying that Bitcoin is a remarkable technological achievement, we also don't know who is rich family which may be interested about bitcoin, and invest in bitcoin because as we know bitcoin is anonymous

Freezingel

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No, i don't think the richest family care enough to know what bitcoin is and even if they know, they will treat it like speculative asset. And in my mind, the richest family tend to care more about real business and not some crypto.

dinalo

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I don't know about the richest but a lot of wealthy people have already put a lot of money in bitcoin. Obviously they don't need it as a currency but its a very good asset and a nice addition to any investment portfolio. I think the more interesting question is if rich people will/are putting big sums into altcoins, i know there are a lot of altcoin whales but its unclear if that's new money or people who earned it big from bitcoin and previous altcoin pumps.

rhamzter

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I imagined that I'am a billionaire, I can do what I want without problem on cash, I just hoping that it would happen in the future by the help of my job and by the help of the bitcoin. However, I was looking forward and I try my best to meets my dream come true.

jossiel

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Quote from: hawthelegend on May 24, 2017, 11:28:27 PM

Do you think the richest families or personalities in the world would be interested in using bitcoins??

I think so, they are rich and when it comes to riches they will not let themselves in the last line, so it's a yes.

Quote from: hawthelegend on May 24, 2017, 11:28:27 PM

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..

For small people who are using bitcoin, it is a good thing as there are rich people investing to bitcoin but on the other part of it, they can manipulate the market.

bitbob82

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Quote from: micher143 on May 31, 2017, 10:51:36 AM

Quote from: hawthelegend on May 24, 2017, 11:28:27 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 dont think so. But there is possibility that they will become interested in bitcoin. I think that time is when they are bored or free time. Thats not negative for us small people because here in bitcoin we are all equal. But most of rich people doesn't have care on it because they know that they have much money to earn by their job than using bitcoin.

but bitcoin is not created for earning money, we are just getting the advantage of its increasing price. bitcoin is creates as currency which is mostly to be use for online purpose. in future when the people of bitcoin will increase too much then there are more chances to use bitcoin as currency not only for online purpose but hope that we will use it in our local shops also.

hawthelegend

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Most of you guys have great opinions about this,
And i agree to some, but by understanding people today,
I realized that almost everyone does something illegal or bad
habits that they do not want to be found out, specially the rich
and the famous. So, as we can see, bitcoins can make anyone
almost perfectly anonymous(that is if you know how to) right?

Now my point here is this, rich people who have bad vices or addictions,
Would obviously find it hard to stop what they have been used to be doing
or in some cases, impossible. And let's face it, lots of people are pedophiles,
Necrophiliac, etc. some even love watching live tortures with them giving
the commands on how to do it. And I'd be damned if rich people(specially the
famous ones) that are part of all the people that I have mentioned wouldn't do
everything in their powersto hide their true selves from their family and friends
or other people.

So i think its just fair to not rule out that lots of rich people will be into bitcoins
in the future(for all i know maybe lots of influential people have already been using
bitcoins). But not for the purpose of profit though, but instead, for
the sake of fulfilling their wants and desires anonymously.

deisik

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Quote from: Betwrong on June 01, 2017, 03:22:13 AM

Quote from: zend7 on May 31, 2017, 04:09:04 AM

Quote from: Betwrong on May 31, 2017, 04:04:29 AM

Quote from: hawthelegend on May 24, 2017, 11:28:27 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.

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)

kpcian

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Quote from: xuan87 on May 25, 2017, 02:37:10 AM

I think it will be great, more investor means more transaction and it will lead to a high price, it doesn't matter whether you are poor or rich if you can grab opportunity then you can become rich, the disadvantage of having rich people to join is they can become whale and controlling the price, but to that the person need a huge amount of money or the person can playing with alt coin

Well said...
When transaction will be higher, then opportunity will also higher. This is the platform where anyone can gain anything, if you have some saving in bitcoin then you can trade, lending or mining. If someone can be patient with some business then definitely good result must be come.

Zemangat

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Rich families are indeed possible to invest bitcoin. Even if they know how lucky it is if we have bitcoin.
With the wealth they may have they buy bitcoin in very large quantities. It might just happen.

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