Topic: Why I hate 90% of Bitcoin investors - page 2. (Read 2599 times)

Bitcoin as of right now is classified as an investment with the hopes of being a global world wide currency with only 21 million in circulation to be shared with 7 plus billion people.  So can you imagine if the only currency people can spend is bitcoin?  That would mean each bitcoin could be worth 1 million plus dollars eventually.  So yeah, people do invest in bitcoin to make money!

well kid, if there's no people like them, the bitcoin will not reach it current state now, Be thankful to them because now, bitcoin will now reach  in $7000. Even though they don't know about the bitcoin capability, they still believe on what bitcoin can do.

Indeed. I am quite sure that people's overall understanding and appreciation of Bitcoin's technological aspects are growing, but there is no point into discarding the fact that people see it as a speculative investment option.

If that wasn't the case, this market would attract far less interest, and directly far less capital. Institutions are a great example of that, they don't care about Bitcoin, but are more than ever tempted to enter this market.

At the end of the day, everyone is free to use Bitcoin as an investment option, currency, store of value, and so forth. For that reason I don't get why people are bothered by how others use or think about Bitcoin ~ mind your own business.

I can't stand bitcoiners on this forum, but not necessarily in general.  One of the good things about bitcoin is that everyone is chasing the same thing, worldwide.  That's not the case with US dollars, beanie babies, or a lot of other things, and it's the reason why we're above $8000 right now. 

Even the scummy shitposters are chasing the same bitcoin--and that part of it I can appreciate.  Though I wish at least 75% of them would drop off the face of the earth, they do contribute to the economy.  That's a good thing.  I just wish they'd stick to the local boards and leave the rest of us who can communicate properly alone.

Then there's the scammers.  I realize they exist with every asset, but it seems as though bitcoin attracts a disproportionate amount of them.  That might not be exactly true, but it seems that way.

There is no doubt the Blockchain tech is maybe the most innovative thing in the history of economy so far. But I think it is not logic that, blaming the people because of their desires to earn money. This is the human nature and the most percentege of the coin traders are always aiming to make more profit by using the cryptocurrencies.

We’re all entitled to our own opinions and I respect yours OP. It’s true that a lot of investors with this kind of mindset has popped up and we can’t do anything to avoid it because everyone has their own selfish and greedy intentions. I think that in the long run, they won’t be able to achieve their goal of getting rich fast because there’s no way of doing that, even with bitcoin. They must learn first and have some perserverance because there are no shortcuts in life.

we really can't prevent anyone from thinking that bitcoin is just like any other form of investment.
it is up to them what they want to do with their coins.
though, i will be very glad to know that they will also have the initiative to learn more about bitcoin and cryptocurrency in general.
because we can't deny the fact that some of us who are engaged in bitcoin is just here to make money.
they wouldn't even know how to explain what is blockchain.
and i believe this is one of the hindrance why bitcoin is not yet being widely use around the globe.
investors doesn't promote it because they do not know how to promote it.

I never said having a high IQ guaranteed success. I said a college degree is unnecessary most of the time. It is no guarantee for success. I know many college unemployed graduates. All they have to show for is is their student loan debt. The OPs interest is programming. I know many successful programmers that never went to college and know many more that went that think it was a waste of time. If the OP is serious about build his own blockchain he can do it. Programming is one of those careers that you need to learn while still young. Have you even looked at the latest employment stats in this industry? We have the highest employment rate, and most of these programmers didn't go to college. College will just kill this kid's brain with useless crap. No he won't end up working in a factory is he pursues his passion. What makes people end up in factories is because we teach kids to be followers, force them to do things they are not interested or passionate about. Kid, I say follow your passion and you will never work a day in your life. It won't be easy buy its possible

So,actually you are worrying about what? Do you really feel sad that people just use bitcoin as a quick rich investment or since you have missed the train due to its high price now?

Its true that lots of investors now actually don't know anything about bitcoin.They just invest in it since its price is rapidly increasing.They would not truly contribute for bitcoin progress.Even if they notice a slight fall i price,immediately they would rush to sell it making bitcoin price unstable.

But still,i hope that $2,000 is not possible here after.So,don't wait expecting such a huge fll to buy.Just buy it whe its price falls a little before segwit 2x activation or else,you may miss the train forever.

I love them though

Mate yeah most ppl invested to make money. that's true but in the end it benefits out market when more cash flows in...

Yea i also see Bitcoin will drop after the fork but not to 2k levels. mostly 4k levels the lowest.

Dont get mad kiddo. If you're mad at them, you're maybe one of them right? You're fortunate cause you already understand whats behind the technology. Just go on and go back to school. Education is more valuable than bitcoin or any other cryptocurrencies existing. You still have more years to go.

I wouldnt recommend dropping out of school because your peers or teacher is not interested in crypto or blockchain talk. I mean if you have that much passion for the blockchain technology side, why not channel all that passion and energy into studying IT, techy stuff, or programming? My apology im not techy myself.
But you get my point. Stay in school! Fuk what people around u that dont care about crypto and get your education! Do you have any programming knowledge?

Im sure you will unlock alot of potential with that passion of yours, and hope to see you down the road as one of the great blockchain developers that will create something great for all us crypto heads!.

That's right, A high IQ means little to nothing is this world, it's become some kind of novelty.
IQ only "counts" or "scales" how intelligent your are, not how successful.

Intelligence alone won't solve all your problems and it might even have some drawbacks.
If you struggle in a poor corrupt country the thought of your life going away with nothing to show due to stupid fuckwits around you will lead in most cases to mental issues.
Imagine knowing you're smart, and getting tossed aside by morons. Giordano Bruno style.

And intelligence won't mean you will be able to work in a team, it doesn't give you leadership capabilities and most times people with high IQ are lone wolfes.

As for the career of dropouts with high iq it's quite normal that companies avoid them.
When you're a dropout it shows you are either having problems integrating yourself in the society or you lack morale or determination to finish something.
A company must run like a good machine nobody will risk putting there an element which might not be compatible with the rest.

The success stories of college dropouts can be counted easily but even they had some level of education.
Quitting while in high school...that's too extreme.

A high IQ does not guarantee success. You can have a high IQ and still be naïve about how the world works. In reality, most people that drop out of school are going to struggle. Even with a genius IQ there aren't very many options to get a job. A lot of employers like to hire people with a college education. Without a college education a lot of doors will be closed to you. Without a high school diploma it is even worse. Regardless of whether you are smart or not, employers are going to want someone with a degree or experience. It is going to be an uphill battle to get experience, because in order to get that you have to hope someone takes a chance on you.

Chances are OP is going to have to work in a factory to stay afloat, possibly even two jobs. Another option is for OP to become some sort of Entrepreneur, but sometimes this doesn't work out. In order to create a good business you need to establish a good customer base which requires great skills with working with other people. There is also the chance that Bitcoin becomes really big or OP finds some way to amass a huge amount of money, but these stories are a minority.

You always see Hollywood movies where people struggle and struggle. Eventually they hit their big break and reach success. In real life there are a lot of stories of people who have struggled and never have hit such success. You need to keep things into perspective. Keep your options open.

OP, I understand that school can seem pointless at times. Sometimes it is frustrating when you spend so much time in class learning something that you feel you can learn on your own in 1/10th of the time or even less. Unfortunately, it is the way the system is built in this world. The best way to keep your options open is to at least finish high school. The system sucks, but fighting it sucks even more!

I'm suspecting that maybe you've experienced some bullying in school and it is probably repulsive imagining yourself going back and having to deal with the embarrassment that you quit and then changed your mind. I really think this is the best option for you though and you should seriously consider it.

I've learned that in order to make it far in this world you have to have good connections with other people. Having great relationships with the right people trumps intelligence nearly every time.

As someone who has very high intelligence myself, I did not reach an exceedingly prosperous lifestyle that I thought I would achieve. 2013, was the most depressing year of my entire life, because that is when reality sunk in that the world was not what I thought it was.

That is amazing. You will do great. Contrary to popular belief, school is not all that. I know you are still young so most people will try to push you towards it. But if you are an above average IQ individual you know, its a waste of time. Unfortunately the world and certainly this forum is full of below average IQ individuals(read the comments). My advice is, do not be discouraged. Do not lose focus of your goals and dreams. I have met many 15 year olds that do amazing things. Do you know the 15year old that successfully hacked Trezor? Follow him on Twitter. Psychologists say we are the 5 people we are always surrounded with. So chose your circles very closely, stay out of trouble and the sky won't be the limit. I wish you all the best kid. And good luck with your blockchain!

Bitcoin attracts a lot of investors because is expensive and the price is rising, but it doesn't mean that everyone never uses it and just bought for long-term investment. I used bitcoins first time on Silk Road, the second was Ebay. Why Silk Road? That time I didn't know there was a way to spend BTC on eBay, once I learned how to use bitcoins I used it on eBay and buy some stuff.

You can't blame newcomers that they just buy and get excited about it. Everyone had that moment when first rime hard about Bitcoin.

I really sad you left from school for cryptos. Investing in cryptos makes ROI.  But not in 100%. Will you invest for bitcoin, it will send you ROI when it reached top because limited supply. Hope you will return you school and got through school age correctly.

Sorry you're wrong not like that the struggle of the investor is very heavy against their own passions and they occasionally do adoption without you know,they also want to develop BTC with adoption one of them.What do you know about investor that wrong sorry,all old investor need struggle not easy for them immediately get the most out.

I understand your rant, I don't think you should worry.

Mos the people that used the internet in the late 1990s did so for email and hanging out in shitty chat rooms on AOL. Most people didn't appreciate what the internet meant in terms of shared information, how it mad information and knowledge more accessible and free, how it would change the world.

Did that stop the internet? No.

Will current speculators stop bitcoin or crypto currency? No.

It's OK that people get involved for narrow or shallow or selfish reasons. We still all gain when someone new decides to buy some bitcoin. The network gets stronger.