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Topic: Why is the Chinese mentality so risky? - page 4. (Read 3443 times)

hero member
Activity: 994
Merit: 1000
PUGG.io
July 13, 2015, 07:48:09 AM
#8
It is not comparible to gambling. .... What they do is a calculated risk.
And calculated risk is more profitable than gambling.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
July 12, 2015, 02:27:35 AM
#7
they are addicted to profit i guess like everyone else, but since they are more than 1B, you will notice it more

also they don't care about the tech behind bitcoin, but more about the profit, it was said from one chinese here on bitcointalk, i've never forgotten about it..

That's so true, anything that can turn over a profit in China will raise eyebrows, but then again who doesn't want to be in profit in whatever investment? The only difference is due to the huge numbers involved, when the markets are becomign bearish it could turn really frightening as the herd mentality kicks in.
hero member
Activity: 994
Merit: 1000
July 11, 2015, 12:01:28 PM
#6
they are addicted to profit i guess like everyone else, but since they are more than 1B, you will notice it more

also they don't care about the tech behind bitcoin, but more about the profit, it was said from one chinese here on bitcointalk, i've never forgotten about it..

YES! There are more than 1 billion people in china and people will obviously notice and point fingers at them because their activity seems to be the highest regarding such activities. The chinese would happily make money out of anything, literally anything. I however assumed that china would find interest in the bitcoin technology but knowing that they have google and facebook banned, I don't know what they really do with their lives..
sr. member
Activity: 350
Merit: 250
July 11, 2015, 10:35:40 AM
#5
History has been a proof about how crazy chinese people have acted, impulsive, greedy and impatient (sorry my chinese friends) and they have always loved making more money after money. Well, who wouldn't love that, but Chinese people have often displayed that they never really care where the money comes from, until it does. They probably don't know much about bitcoin too, just want to make da money!  Tongue
hero member
Activity: 574
Merit: 500
Call me Alice. just Alice.
July 11, 2015, 10:06:27 AM
#4
they are addicted to profit i guess like everyone else, but since they are mroe than 1B, you will notice it more

also they don't care about the tech behind bitcoin, but more about the profit, it was said from one chinese here on bitcointalk, i've never forgotten about it..

Finally someone who gets it !
legendary
Activity: 3248
Merit: 1070
July 11, 2015, 09:11:23 AM
#3
they are addicted to profit i guess like everyone else, but since they are more than 1B, you will notice it more

also they don't care about the tech behind bitcoin, but more about the profit, it was said from one chinese here on bitcointalk, i've never forgotten about it..
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
July 11, 2015, 08:48:52 AM
#2
Chinese have a long history of compulsive gambling..Men and women equally.. In the U.K all the casinos are mainly full of Chinese and Arabs believe it or not and look at MACAO..Many also from Mainland China go to Macao to gamble as well..The stock market also is a more modern place for the Chinese to enjoy their Adrenalin rush..along with the Bitcoin/alt coin markets.
hero member
Activity: 812
Merit: 509
July 11, 2015, 08:42:16 AM
#1
Do they have a gamblers culture? Do they enjoy the thrill or gambling?

Edit: a quick search show that this is known: https://www.psychologytoday.com/blog/minority-report/201407/asian-gambling-addiction

Well now a new btc bubble and crash is coming. More volatility ahoy.
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