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Topic: Why do most Bitcoiners seem intelligent? - page 8. (Read 10779 times)

legendary
Activity: 1680
Merit: 1035
I thought it was only a few $100k?
hero member
Activity: 740
Merit: 501
I've never seen so many con men and marks together in the same place.

The Bitcoin world has reproduced in miniature almost every financial scam known, from pump and dump to blind pools to bucket shops to front-running. There are plenty of marks on here who have no clue how to recognize a con game.  It's embarrassing.  

I have to agree!  It's like watching the math department flocking into a Vegas casino.  So innocent.  So unsuspecting.  So hilarious!  Grin

I think the stated size of certain scams were wayyy overestimated.

PirateAt40 made off with 500,000 XBT?
Bullshit.

Those people are misinformed. It's actually 263024 BTC.

Only 263,024? That's only about USD 26 million...

Of course at the time he cashed out at 3 million USD and got caught laundering that....
full member
Activity: 196
Merit: 100
I've never seen so many con men and marks together in the same place.

The Bitcoin world has reproduced in miniature almost every financial scam known, from pump and dump to blind pools to bucket shops to front-running. There are plenty of marks on here who have no clue how to recognize a con game.  It's embarrassing.   

I have to agree!  It's like watching the math department flocking into a Vegas casino.  So innocent.  So unsuspecting.  So hilarious!  Grin

I think the stated size of certain scams were wayyy overestimated.

PirateAt40 made off with 500,000 XBT?
Bullshit.

Those people are misinformed. It's actually 263024 BTC.

Only 263,024? That's only about USD 26 million...
legendary
Activity: 1246
Merit: 1077
I've never seen so many con men and marks together in the same place.

The Bitcoin world has reproduced in miniature almost every financial scam known, from pump and dump to blind pools to bucket shops to front-running. There are plenty of marks on here who have no clue how to recognize a con game.  It's embarrassing.   

I have to agree!  It's like watching the math department flocking into a Vegas casino.  So innocent.  So unsuspecting.  So hilarious!  Grin

I think the stated size of certain scams were wayyy overestimated.

PirateAt40 made off with 500,000 XBT?
Bullshit.

Those people are misinformed. It's actually 263024 BTC.
legendary
Activity: 1330
Merit: 1000
Bitcoin
because we are just smart like dat!  Grin
member
Activity: 102
Merit: 10
I've never seen so many con men and marks together in the same place.

The Bitcoin world has reproduced in miniature almost every financial scam known, from pump and dump to blind pools to bucket shops to front-running. There are plenty of marks on here who have no clue how to recognize a con game.  It's embarrassing.   

I have to agree!  It's like watching the math department flocking into a Vegas casino.  So innocent.  So unsuspecting.  So hilarious!  Grin

I think the stated size of certain scams were wayyy overestimated.

PirateAt40 made off with 500,000 BTC?
Bullshit.
legendary
Activity: 1246
Merit: 1077
There is a poll in another thread that shows that this forum has a MUCH higher rate of INTJ/INTPs than the general population. That group is generally more intelligent than the rest, and I agree with other comments here: Bitcoin simply attracts certain types of people. Specifically introverted logical types.

I'm apparently ENFP:
  • You have moderate preference of Extraversion over Introversion (56%)
  • You have distinctive preference of Intuition over Sensing (62%)
  • You have moderate preference of Feeling over Thinking (25%)
  • You have slight preference of Perceiving over Judging (22%)

I got into Bitcoin thanks to friends, so I guess extraversion helps there. But introverts are more likely to work in Bitcoin-related fields, or so I've heard. Granted, this is an online forum, so my extraversion is probably an anomaly here.

I agree that intuition is necessary to understand why Bitcoin works, as it can't be sensed. As for Feeling, I've always thought of myself as someone who thinks things through... maybe the personality test doesn't agree. I agree that Thinking is probably needed to understand Bitcoin—maybe I'm an anomaly. But I think that Perceiving/Judging also makes a difference. I feel that neither feeling nor thinking about Bitcoin will get one to understand it, so those who perceive are at an advantage over those who judge.

I don't think anyone has done a poll of this. Maybe we should start one.
donator
Activity: 1218
Merit: 1015
There is a poll in another thread that shows that this forum has a MUCH higher rate of INTJ/INTPs than the general population. That group is generally more intelligent than the rest, and I agree with other comments here: Bitcoin simply attracts certain types of people. Specifically introverted logical types.
Here's one for ya, bro. https://bitcointalksearch.org/topic/m.1034403

Includes stats for Ronpaulforums from a few years ago, compared to general population. Has a decent sample size. I haven't tried demographics polling for this forum, but from the responses, looks like it'd be about a mirror. Same with 4chan, though I haven't properly polled them, either (kind of difficult). It'd be very interesting to try segregating data collection by the type of people in the community. For example, is there a significant difference between the Voorhees, Vers, and Shrems versus the smoothies, danks, and Atlases? Something to do later, I guess.

Though - the biggest flaw in this information, is that it only polls people in an online forum, which probably itself skews results strongly toward INTx types.
hero member
Activity: 518
Merit: 500
I think that we have a dichotomy of two different Bitcoin users.

One is highly intelligent and sees the value of Bitcoin revolutionizing money and the world.

The other is looking for a way to hide their nefarious activities, such as drug use, gambling, cheating etc.  (these users could still be smart but it depends on how much the drugs have affected them perhaps)

My thoughts anyways.

Yes very true...some just want to launder $ or just order some illegal drugs from Silk Road, so they may not be the brightest or just of average intelligence...although I'm sure the best drug dealers have above avg IQs or they wouldn't be the best, most likely....well on average at least.

But the "bitcoiners" who post on this forum are obviously into it more than even the avg person who has used bitcoin casually so that is a smaller sample and even more intelligent than avg.
legendary
Activity: 1680
Merit: 1035
There is a poll in another thread that shows that this forum has a MUCH higher rate of INTJ/INTPs than the general population. That group is generally more intelligent than the rest, and I agree with other comments here: Bitcoin simply attracts certain types of people. Specifically introverted logical types.
legendary
Activity: 1148
Merit: 1001
I think that we have a dichotomy of two different Bitcoin users.

One is highly intelligent and sees the value of Bitcoin revolutionizing money and the world.

The other is looking for a way to hide their nefarious activities, such as drug use, gambling, cheating etc.  (these users could still be smart but it depends on how much the drugs have affected them perhaps)

My thoughts anyways.
full member
Activity: 196
Merit: 100
When I give a peek to 4chans /pol or reddit, facebook, twitter, pretty much any big community and/or social network people seem to be so ignorant and willing to voice their ignorance whereas in communities such as Bitcointalk (and a couple others which I shall not name) people are able to put together logical arguments, have discussions and view the current events without the glasses with a thick layer of crappy propaganda on them?

Seems that you rarely stumble upon ignorant fools on here.

The two main differences between Bitcointalk.org and facebook are:

1. Bitcoins take a little bit more technical know-how and effort to acquire, whereas anyone can sign up for facebook and use it to its full potential.
2. Bitcoins are money- by default people should be smarter when dealing with them than with facebook or twitter, where it doesn't matter how dumb you are. If you're stupid on facebook, oh well. If you're acting stupid with bitcoins, you lose money.

However, like others have said, Bitcoiners only seem to be more intelligent. People you agree with are going to seem smarter than they really are. There are a ton of conspiracy theorists on here. The average person may see everything through a "thick layer of crappy propaganda" but there are a lot of people on here who are just as bad, just in the opposite political spectrum.
hero member
Activity: 518
Merit: 500

there's a certain level of (technical and economic) literacy and awareness it takes to understand bitcoin, is all. some people won't spend the time and effort to attempt to understand

Yes but the whole point is that a lot of people don't have that certain basic level of technical and economic literacy and moreso, they don't have the capability to achieve that awareness.  It isn't always a matter of time and effort.

Anyway it took me a month or so to really get a firm grasp on bitcoin and it was a steep learning curve, I must say if you include the various exchanges and how to get money in and out of the system, etc. 
hero member
Activity: 518
Merit: 500
Bitcoiners almost certainly have an avg IQ over 100 and that's because they are smart enough to not just follow the status quo and how things are "supposed" to be done.  They are intelligent enough to think for themselves.

And they also understand basic math and are computer literate more than the avg (100 IQ) person.   They are more analytical and therefore "intelligent" by conventional measures.

legendary
Activity: 1834
Merit: 1019
member
Activity: 103
Merit: 10
It From Bit
member
Activity: 103
Merit: 10
It From Bit
I've never seen so many con men and marks together in the same place.

The Bitcoin world has reproduced in miniature almost every financial scam known, from pump and dump to blind pools to bucket shops to front-running. There are plenty of marks on here who have no clue how to recognize a con game.  It's embarrassing.   

I have to agree!  It's like watching the math department flocking into a Vegas casino.  So innocent.  So unsuspecting.  So hilarious!  Grin
legendary
Activity: 1834
Merit: 1019
it's like, all relative, man
member
Activity: 81
Merit: 10
Most Bitcoiners probably have an inquisitive nature, a desire to forge new frontiers, a passion to seek an alternative monetary system and it takes a certain level of intelligence to be involved with Bitcoin, however to what degree depends on how deep you have gone. 

This forum unfortunately is littered with muppets, who spend their daily dose of intelligence looking to troll and bait others intelligence.

Most intelligent Bitcoiners can smell these wastoids from a distance... intuition and intelligence are undercurrent themes of Bitcoin.

Viva Bitcoin Carajo!!
legendary
Activity: 1268
Merit: 1006
Because you are perceptive, and we are all intelligent.
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