Who is buying bitcoin and crypto - page 3.

iamMhew

full member

Activity: 688

Merit: 101

Quote from: BittyBatty on August 28, 2017, 03:59:41 PM

Well educated or uneducated??

People that are smart and rich or people that are unproven and hoping to get rich quick

People that are adding meaningful value to society or People that are just piggybacking on someone else's efforts

Just curious...

i dont think in which of these people you in. but im in on uneducated, unproven and hoping to get rich quik and piggybacking on someone else effort, because in reality we are all survivors on how do we survive life has many challenge to face on so its up to you how you face it. if you educated of some thing else but you totally cant use it in your daily life how you sure that you strongly enough to survive? those uneducated you mentioned are those people has no chance to support their study in school so they took another way to survive. they just got be more wise than educated. so both of them have rigth to buy bitcoin with no exception.

mudasarali43

full member

Activity: 420

Merit: 100

There are so many investors are there in market who are make trading in too much quantity in bitcoin and alt coins also they trade on all crypto currencies by deeply understanding and get a great profit.

lady Royal

hero member

Activity: 720

Merit: 500

People only wants profit and money.
When people sees some profit and they see money they buy or do, whatever is suitable for it. So, It doesn't matter whether a person is educated or un-educated he/she will invest for sure.
Yeah, They way a educated person thinks is different he totally search about it asks about where they are investing (bitcoin) about others and take all the information and then they buy Bitcoins or any other crypto.

yunita

member

Activity: 152

Merit: 10

who buy bitcoin are the bitcoin users themselves that they use in buying and selling in the market to profit from the difference in price, for alcoin is also the same usually it is also a bitcoin users who deliberately buy to get bitcoin from the sale and purchase altcoin

bncbnc

hero member

Activity: 840

Merit: 500

Quote from: mrcash02 on August 28, 2017, 10:07:17 PM

Educated people are buying and uneducated people are buying being adviced by educated people. Unfortunatelly the uneducated people are much more exposed to scammers than the educated ones, so they can start investing in Bitcoins, but for negative purposes, like a Ponzi Scheme for an example. There are many people like that being guided by thieves on their countries.

yes educated people have good sense that is why they are more easy to convenience about bitcoin as compare to those people who do not have any education. i do not think that educated people will not take any interest in bitcoin. it think that they will like to adopt bitcoin because bitcoin is the currency of the the new generation and they are really take more interest in bitcoin.

Apes

sr. member

Activity: 1316

Merit: 257

Quote from: BittyBatty on August 28, 2017, 03:59:41 PM

Well educated or uneducated??

People that are smart and rich or people that are unproven and hoping to get rich quick

People that are adding meaningful value to society or People that are just piggybacking on someone else's efforts

Just curious...

not affected whether educated or not bitcoin makes it easy for users to trade as for trading types in all respects the rich or not at all is not the main thing to buy bitcoin units can get bitcoin for free

DoublerHunter

hero member

Activity: 2590

Merit: 644

The people who are buying bitcoin and other cryptocurrencies are the people who are late comers but they also believe that bitcoin can get them somewhere they didn't expect. Those people are just doubters in the past but now bitcoin prove them wrong and bitcoin made them eat their words so they are now buying bitcoin and hoping that the hope of getting to be rich is not yet gone.

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

I would say, educated people from the middle income group to rich people. Most people will only invest in something, when they calculated the risks. To understand Bitcoin, you have to read a lot of information and you have to do some research, which will put you in the "educated" section of the population.

Most Bitcoin investors are also active in other financial sectors, so they are used to trading in commodities. ^smile^

The poor rely on word of mouth and this might cause a lot of confusion and trust issues, because they getting recycled information that are mostly unreliable.

suvo05

sr. member

Activity: 1162

Merit: 260

Quote from: BittyBatty on August 28, 2017, 03:59:41 PM

Well educated or uneducated??

People that are smart and rich or people that are unproven and hoping to get rich quick

People that are adding meaningful value to society or People that are just piggybacking on someone else's efforts

Just curious...

Don't think uneducated people have good interested in buying cryptocoin . I have told about the bitcoin to some of my friends who are rich but less educated. They shown no interested in it. The increasing value of bitcoin in last couple of year have attracted many of them but they are interested in the value only.

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: BittyBatty on August 28, 2017, 03:59:41 PM

Well educated or uneducated??

People that are smart and rich or people that are unproven and hoping to get rich quick

People that are adding meaningful value to society or People that are just piggybacking on someone else's efforts

Just curious...

OP, those who are buying cryptos are not covered in the areas you pointed out. Your fulcrum of imagination didn't take you there. Where did you place that 12-year old kid millionaire whose granny gifted some dollar for his birthday and he invested all into Bitcoin? You see he isnt covered as an educated or otherwise. This is to show that we really can't know exactly the class of people buying and investing in cryptocurrency.

Anyway, for me I would say those who buy cryptos are just those who are Internet suavy and got fascinated enough by the weird thing called Bitcoin irrespective of their wealth, education or age.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: BittyBatty on August 28, 2017, 03:59:41 PM

Well educated or uneducated??
People that are smart and rich or people that are unproven and hoping to get rich quick
People that are adding meaningful value to society or People that are just piggybacking on someone else's efforts
Just curious...

this is a weird question.
just like anything else in the world, a wide variety of people are buying bitcoin. in the early years bitcoin may have been restricted to the "nerds" but that stopped being the case after the first 2 years, give or take.
now people who want financial freedom, security, want profit, and .... are buying bitcoin. i can say all the different groups of people you have in mind have already bought bitcoin. specially the uneducated and get rich overnight type of people. and that is visible on the charts when a panic sell starts.

suryati

sr. member

Activity: 658

Merit: 251

Quote from: Cloud27 on August 28, 2017, 06:17:02 PM

If someone is well educated about bitcoin and know about the opportunity given by bitcoin, that individual surely will buy bitcoin. While if you are not educated about bitcoin and you do not know anything about bitcoin, surely you will not buy bitcoin, Any one can buy bitcoin if they know something special about it.

yes I agree with you if you know and understand bitcoin of course there will buy bitcoin because you know there is something valuable that you can get from bitcoin but otherwise if your education don't know and understand bitcoin then you also will not know there is a profit that can be got of bitcoin.

mrcash02

hero member

Activity: 1190

Merit: 525

CryptoTalk.Org - Get Paid for every Post!

Educated people are buying and uneducated people are buying being adviced by educated people. Unfortunatelly the uneducated people are much more exposed to scammers than the educated ones, so they can start investing in Bitcoins, but for negative purposes, like a Ponzi Scheme for an example. There are many people like that being guided by thieves on their countries.

Remainder

hero member

Activity: 949

Merit: 517

Quote from: szpalata on August 28, 2017, 09:41:07 PM

Quote from: Cloud27 on August 28, 2017, 06:17:02 PM

If someone is well educated about bitcoin and know about the opportunity given by bitcoin, that individual surely will buy bitcoin. While if you are not educated about bitcoin and you do not know anything about bitcoin, surely you will not buy bitcoin, Any one can buy bitcoin if they know something special about it.

Everyone that knows Bitcoin has th potential to buy Bitcoin and I tots agree with you, it is not just bought by a select few but by the entire Bitcoin ecosystem. We've come to believe that buying and holding them is one surewsy of making us decent profits and so we are all buying for the right reasons.

That is true, everyone who hold cryptocurrencies has an opportunity to become wealthy or to become more rich. I want also to hold more of this cryptocurrencies because of its value increasing everytime. I'm not also very educated to bitcoin because my knowledge now is just pure self exploration in cryptocurrencies.

szpalata

sr. member

Activity: 686

Merit: 253

Quote from: Cloud27 on August 28, 2017, 06:17:02 PM

If someone is well educated about bitcoin and know about the opportunity given by bitcoin, that individual surely will buy bitcoin. While if you are not educated about bitcoin and you do not know anything about bitcoin, surely you will not buy bitcoin, Any one can buy bitcoin if they know something special about it.

Everyone that knows Bitcoin has th potential to buy Bitcoin and I tots agree with you, it is not just bought by a select few but by the entire Bitcoin ecosystem. We've come to believe that buying and holding them is one surewsy of making us decent profits and so we are all buying for the right reasons.

Cloud27

full member

Activity: 210

Merit: 100

If someone is well educated about bitcoin and know about the opportunity given by bitcoin, that individual surely will buy bitcoin. While if you are not educated about bitcoin and you do not know anything about bitcoin, surely you will not buy bitcoin, Any one can buy bitcoin if they know something special about it.

Filmmmakerr

sr. member

Activity: 518

Merit: 251

Hello. Bye.

Quote from: NavySeals on August 28, 2017, 04:01:57 PM

Both educated and uneducated people buy bitcoin. The educated people started to buy bitcoins in 2011, but I guess that uneducated people saw the opportunity in bitcoin in 2016 or 2017. Now, all of the people know the value of bitcoin, and buy it.

False. I know many many educated people who simply weren't aware of bitcoin's existent. They still refuse to invest in it because its not their cup of tea, but these guys are making so much money (One is a chemist and the other is a brain surgeon) that nothing else matters to them.

But I think everyone with a sense can see that bitcoin has a lot of possibilities in the future. Its a great time to invest, in a few years from now it will be above $15K

Emoclaw

sr. member

Activity: 420

Merit: 251

Quote from: NavySeals on August 28, 2017, 04:01:57 PM

Both educated and uneducated people buy bitcoin. The educated people started to buy bitcoins in 2011, but I guess that uneducated people saw the opportunity in bitcoin in 2016 or 2017. Now, all of the people know the value of bitcoin, and buy it.

Level of education has nothing to do with Bitcoin and isn't related to year of purchase whatsoever.
The majority of people who know about Bitcoin are holding some regardless of their education.

Jordan23

sr. member

Activity: 382

Merit: 311

Define "educated"

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: NavySeals on August 28, 2017, 04:01:57 PM

Both educated and uneducated people buy bitcoin. The educated people started to buy bitcoins in 2011, but I guess that uneducated people saw the opportunity in bitcoin in 2016 or 2017. Now, all of the people know the value of bitcoin, and buy it.

No, But some people just get their luck to buy bitcoin in 2011, you must consider the price of bitcoin is very cheap and you are able to buy a lot of bitcoin with some dollars. And that is not caused by those people are educated person. Luck has a big role in this case.

Topic: Who is buying bitcoin and crypto - page 3. (Read 1350 times)