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Topic: Why people from 3rd countries are crazy about getting cryptos? (Read 1238 times)

full member
Activity: 182
Merit: 147
This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.

But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.

Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.

Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.

Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.


This is not a racist thread, i just want to know more about your situation.

Though you may be right but who does not want to risk the opportunity of being rich with cryptocurrencies? I am from the Philippines and I heavily understand the implications of investing into bitcoin. Being in a third-world country is very difficult to manage especially when you are surrounded by corrupt politicians. You are going to exert all the means in order to alleviate your current situation and bitcoin may be the ladder in order to take the first step towards being successful. I am not saying that bitcoin will make me successful, but personally it already changed my way of living in terms of giving value to money.

About the situation of being hyped, I also want to know on why did you choose Indonesia and the Philippines as the catalyst to this conflict. In the Philippines, most of the population are under the poverty line and only a handful of people know bitcoin. Also, there are a lot of DEVELOPED countries that contribute to this situation and not only the PHILIPPINES and INDONESIA are responsible for this. Though I want to be objective as possible, you really need to check the facts first before making a thread that damages the integrity of these countries.

I agree, I mean why are you generalizing the people from third world countries as instant spammers right away? Don't we have the right to feel a sense of relief in life by trying out this venture? You sound like we don't deserve to be here because all we do spam to earn. Well guess what, I do understand where this people are coming from. Try putting yourself in their shoes and experience what it's like to live in a society surrounded by corruption and poverty.
hero member
Activity: 2884
Merit: 794
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I think everyone in every different continentals of the earth are getting crazy about crypto-currencies, because most of them have heard how crypto-currencies are making peoples becoming millionaire or even billionaire, so most peoples are trying to land some crypto-currencies into their wallets with the hope of becoming rich in the future.
This is a possibility as well, if you see your neighbor getting a lot of money and improving his quality of life and he tells to you that he did that with bitcoin and you know that neighbor and you know that he has no special skills then people will want to get the same success for themselves.
member
Activity: 110
Merit: 10
This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.

But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.

Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.

Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.

Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.


This is not a racist thread, i just want to know more about your situation.

I would like to know on why you are blaming the Philippines and Indonesia about the recent hype of bitcoins in the world. First, you need to consider that there are a lot of ads and news going around lately into televisions and social media due to bitcoin's price increasing every day. Second, the population of Philippines and Indonesia combined are around ~360 million people, assuming that every individual uses bitcoin. Third, the Philippines and Indonesia are considered developing countries and are under the third-world category- meaning that not everyone has internet access to be able to utilise bitcoin.

Your argument of blaming these two countries alone are invalid and requires special attention since compared to other first-world countries, people there have the means of accessing bitcoin. Not to mention, the fact that you are also blaming them for the hype of bitcoin implies to me that bitcoin is only for the average-rich people and no third-world country may use its opportunities and benefits. Before you make rash threads like these, consider first what they are experiencing in their country as I believe, every individual has the right to exhaust all the LEGAL means in order to make themselves rich.
hero member
Activity: 2268
Merit: 789
This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.

But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.

Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.

Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.

Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.


This is not a racist thread, i just want to know more about your situation.

Though you may be right but who does not want to risk the opportunity of being rich with cryptocurrencies? I am from the Philippines and I heavily understand the implications of investing into bitcoin. Being in a third-world country is very difficult to manage especially when you are surrounded by corrupt politicians. You are going to exert all the means in order to alleviate your current situation and bitcoin may be the ladder in order to take the first step towards being successful. I am not saying that bitcoin will make me successful, but personally it already changed my way of living in terms of giving value to money.

About the situation of being hyped, I also want to know on why did you choose Indonesia and the Philippines as the catalyst to this conflict. In the Philippines, most of the population are under the poverty line and only a handful of people know bitcoin. Also, there are a lot of DEVELOPED countries that contribute to this situation and not only the PHILIPPINES and INDONESIA are responsible for this. Though I want to be objective as possible, you really need to check the facts first before making a thread that damages the integrity of these countries.
sr. member
Activity: 602
Merit: 252
People from third world countries always try to move ahead and reach next levels of living. In this regard people always try to make a good earning through bitcoin. Recent price variation between countries will give a clear understanding how people of third world countries were craze on bitcoin. In India the price difference was felt to be over $2000 when the price was showing sudden pumping.
full member
Activity: 280
Merit: 105
This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.

But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.

Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.

Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.

Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.


This is not a racist thread, i just want to know more about your situation.

I can't speak for them but I would guess that for many it is not a case of making million it is just a case of being able to provide for their families and secure themselves a better future than is currently offered to them if they follow the usual path that is provided in their countries.
member
Activity: 74
Merit: 10
This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.

But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.

Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.

Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.

Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.


This is not a racist thread, i just want to know more about your situation.

most people from the 3rd world countries specifically asians are mostly poor and dont have jobs or unemployed therfor they cant buy or invest in bitcoin or in these so called cryptocurrencies rather they just come here on the forum to shill a crapcoin and to post a sh*t garbage/girbish post in order to get paid and earn bitcoin or any other coins (i.e altcoins , tokens ) and this is the real problem here that we should worry about.


A quick Google search actually disproves your first statement. How do you usually identify a  "sh*t garbage/girbish" post? The lack of supporting facts for a statement and/or the lack of correct punctuation and grammar? Similar to what you just posted? lol

And what's the problem though? Are they hurting you in some way? There's a report button right there buddy if it really bothers you.  Grin
member
Activity: 74
Merit: 10
Simple. Money is money, in third world countries you're lucky if you get a decent job which usually happens only when you're privileged enough to afford studying in a reputable university. But this is not true for most people, the situation is usually shit here so people do what they can to earn. You're asking why we get involved in cryptos? You already answered your own question there bud read your post again, not really sure what you want us to say.
hero member
Activity: 1806
Merit: 672
When you think of it that way and assuming your facts are true I think that these people from 3rd world countries are only getting a small slice of the pie as people who are really crazy for cryptos are those people who are creating hype coins and also HYIP sites that are mostly created by people from developed countries. So before creating a bold statement about a particular nation you better get your facts straight.
member
Activity: 322
Merit: 10
I think one of the main reasons that these 3rd world countries are investing so heavily into BTC is because of their value in currency. Bitcoin's value surpasses the currency value of their own country and with a weak government, they turn to BTC.

This of course is only my thought, and you may think I'm spilling bullshit. But almost everyone that invests in BTC right is in hopes that it will generate a 100x return and make them rich in the near future.

Lol! what are you babbling about? Bitcoin is already worth 11000 dollars! It has kicked the dollar in its ass already. So how come it won't be worth more than their local currency? Also *weak Government has nothing to do with it.

As for your second part, i disagree. People are not investing in bitcoin because it will make them rich, instead they are investing in bitcoin because it is the currency of future.
Actually in third world countries there is no job and the economy situation is not so good there and people have no good food to eat and education system is also very bad so bitcoin bring revaluation is these country because bitcoin is providing such a good opportunity for income and people are taking a very good advantage from it and some of them have changed their life just because of bitcoin and they wish that bitcoin will be legal soon in their country.
member
Activity: 171
Merit: 10
People from poor countries tend to become rich by any means. Especially if you do not need to work, but you can invest in a financial pyramid or another similar event.
legendary
Activity: 3234
Merit: 5637
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I just can ask OP why he is here on forum and why he is interested in BTC.Probably for the same reason as people from Philippines and Indonesia and some other countries where life is not so easy or simple like in some wealthy countries.People just try to get better life,and if cryptocurrency can make it possible I do not see where the problem is in that.Satoshi is created BTC to try make financial freedom for all people around the world, and it is currently working.

If you think someone is violating the forum rules,signature spamming or something else,there is button for report to moderator any post or user.As for me, all the people on this forum are equal,or as you say crazy about cryptocoins.
hero member
Activity: 868
Merit: 535
This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.

But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.

Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.

Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.

Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.


This is not a racist thread, i just want to know more about your situation.

What is so serious about it? And how come you were able to generalize that most of Bitcoin users come from third world countries? There are no data as to how many users come from one specific country to another hence it is downright wrong to speculate on such assumption. And besides, what is so wrong with it when increasing the amount of earnings in each household can increase the spending power of the people thereby improving national economy? And when one nation improves economically, it also benefits worldwide exchange. Hence, I see no wrong if there are a large number of Bitcoin users who come from third world countries. I see this post as very racist.
legendary
Activity: 3766
Merit: 1217
I am living in a third world country (India) and I am not surprised by the sudden spurt in demand for cryptos from these nations. In almost all of the third world nations, the national currencies are very weak. They get devalued every year and people don't want to store their wealth in these currencies. A classic example is that of the Zimbabwean Dollar.
sr. member
Activity: 259
Merit: 250
People need money and it does not matter how they can be earned. They need fast and a lot, so they look at this technology as a freebie, just do not understand what to invest, and they do not what. Here and dream.
full member
Activity: 140
Merit: 100
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You said that this was not a racist thread?Then why did you make it?What are you trying to prove?!What is your problem with people living from third world?Because they do not speak proper and fluent english like you do,does that mean you are above them?Maybe there are some that you can say,they are just here for the money,for the profits they will get but please do not judge them.You do not know what the deeper reason.This only proves that there are people who are judging others because they are from a first world country and does not want anybody else from a poor and a third world country do the job like they do.Not all people from the third world are nothing but scumbags but they are here to earn something for their families and survive every single day of their lives.And wishing their lives can be better.Life is cruel for people on third world countries,many of you will never feel and know what will we do and sacrifice in order for our families to survive.But other than that you will still,never understand the situation of a person from a third world country because you are not from here.Hope to enlighten some of your queries.
hero member
Activity: 672
Merit: 526
Because the value of one dollar and what it could buy is different in each country. In some places win 2 dollars in cryptocurrency for one hour of work is great. There are tons of people that do not win minimal wage and could really benefit from make small tasks to win some money. Or to make the check bigger.
full member
Activity: 294
Merit: 114
I don't think they are buying bitcoins, i think 99% of them are using this forum to earn bitcoins. Why? Probably because they can earn 10 or 100 times more money than they would earn it if they work in their country for it.
It's not their fault, they were born in shitty countries and no one should blame them for it. Speaking of creating hyip - didn't that Dutch guy sold everything and bought bitcoins and now he and his family are living in camp trailer?

Hahaha, actually the answer is quite simple and easy. That's because big country currencies like the United States, and various countries in Europe, the value of their currencies will be much greater if made shopping in third-world countries. Therefore, many people who want to collect their currency from various jobs, one of the high value of currency is cryptocurrency. If $ 10,000 is your monthly income or salary from your work, then for people living in third-world countries, that amount of money can be used to buy a house! So if a snack in a big country costs $ 10 to $ 20, for them it's enough to eat everyday.
sr. member
Activity: 770
Merit: 254
I don't think they are buying bitcoins, i think 99% of them are using this forum to earn bitcoins.
Why? Probably because they can earn 10 or 100 times more money than they would earn it if they work in their country for it.
It's not their fault, they were born in shitty countries and no one should blame them for it.
Speaking of creating hyip - didn't that Dutch guy sold everything and bought bitcoins and now he and his family are living in camp trailer?
full member
Activity: 476
Merit: 105
This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.

But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.

Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.

Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.

Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.


This is not a racist thread, i just want to know more about your situation.

First of all, we are all a bit crazy about getting Bitcoin. secondly, look at the price of BTC in their countries with inflation - in Zimbabwe its price is almost twice higher than  the official price!
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Having in mind the economic situation in those countries this is not the surprise. So many people there are very poor, unemployed and have no income so many of them see the cryptocurrencies as their ticket to better life. At least those who have internet access and at least some basic knowledge. And their goal is probably not to get millionares, just to have some decent income.
If these two things were improved, so better education and broader and better internet connection, people there would have even better opportunities.
legendary
Activity: 3024
Merit: 2148
Because cryptocurrencies are insanely profitable for people from poor countries, even your ordinary guy who did a bit of signature campaigns, bounties and maybe so jobs like translations or design is now easily millionaire in his local currency if he hodled most of his earnings. So, they are "hyping" cryptos because they want it to keep growing and making them rich. Now, you probably also want to address the issue regarding their post quality, as it's quite annoying to scroll through one-liners in broken English, but I don't think that we should radically cut them out of Bitcoin community, instead we should create incentives for them to improve. Campaign managers and owners should be responsible for quality of their posters and moderators should be able to disable all signature of a campaign for some time if too many participants are spamming - this is better than individual punishments for bad posters, because it would force managers to do their job more seriously, since the owners will be risking to lose their ads.
staff
Activity: 3206
Merit: 575
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I think everyone in every different continentals of the earth are getting crazy about crypto-currencies, because most of them have heard how crypto-currencies are making peoples becoming millionaire or even billionaire, so most peoples are trying to land some crypto-currencies into their wallets with the hope of becoming rich in the future.
sr. member
Activity: 1236
Merit: 252
I think one of the main reasons that these 3rd world countries are investing so heavily into BTC is because of their value in currency. Bitcoin's value surpasses the currency value of their own country and with a weak government, they turn to BTC.

This of course is only my thought, and you may think I'm spilling bullshit. But almost everyone that invests in BTC right is in hopes that it will generate a 100x return and make them rich in the near future.

Lol! what are you babbling about? Bitcoin is already worth 11000 dollars! It has kicked the dollar in its ass already. So how come it won't be worth more than their local currency? Also *weak Government has nothing to do with it.

As for your second part, i disagree. People are not investing in bitcoin because it will make them rich, instead they are investing in bitcoin because it is the currency of future.
Actually in third world countries there is no job even they don’t have such a good food and clean drinking water so in this kind of situation a lot of people they are going abroad to find a new life and bitcoin is the only currency which bring hope for them because bitcoin is providing such a good opportunity for people to secure their life and there is no doubt that a lot of people have changed their life with the help of bitcoin.
sr. member
Activity: 406
Merit: 253
The fact is the rate of unemployment is very high in 3rd world countries and even if people have jobs they don't get paid as per the expectations and with bitcoins they can earn much higher in compare to their day job and also the cost of living is not too high so if they earn good income in bitcoins then it will help them in living a luxury life.
It was a stupid idea. Live in luxury at the expense of bitcoin it is not correct. It seems to me that bitcoin should be used to accumulate start-up capital. This is a chance to obtain sufficient income in the future from your own business. Now nobody knows what will happen to bitcoin in the future. You can't spend all your daily needs.
legendary
Activity: 1918
Merit: 1012
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This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.

But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.

Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.

Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.

Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.


This is not a racist thread, i just want to know more about your situation.

The fact that a dollar or a bitcoin has more value in developing countries than in developed countries. So you see more people from developing countries in this forum. The few bits that you can earn through signature campaigns or bounties makes a lot of difference to them.
Bitcoin, will make a big difference to countries which do not have a stable currency or there are restrictions on capital convertibility. Think of Venezuela, Zimbabwe, China, etc.
hero member
Activity: 1498
Merit: 537
The fact is the rate of unemployment is very high in 3rd world countries and even if people have jobs they don't get paid as per the expectations and with bitcoins they can earn much higher in compare to their day job and also the cost of living is not too high so if they earn good income in bitcoins then it will help them in living a luxury life.
legendary
Activity: 2240
Merit: 1069
This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.

But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.

Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.

Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.

Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.

It is all about the money. I am sure if bitcoin cannot be exchanged for fiat or if there is no opportunity to earn in bitcointalk, 3/4 of the people here will be gone. No one will be hyping it. Do not zero in on those two countries because I am sure people from other non english speaking countries are doing the same. You are in a signature campaign, you are here to earn as well, so are they.

This is not a racist thread, i just want to know more about your situation.

By simply saying this you made it racist.
member
Activity: 118
Merit: 100
Poor people alwats aim for bigger money. That's why they show a high interest in bitcoin. There is nothing to get crazy about this reality. This is very normal as long as they stay in the rules of crypto.
sr. member
Activity: 602
Merit: 250
Everytime that i see a post with Poor english i try to ignore that user, i am tired of always seeing the same phrase "Bitcoin too the moon, how much it will rise?" Once and once again, wrote with bad english.

I also noticed many posts in rather poor English and they almost always had a desperate and/or hype vibe to them.

And that is probably the main reason of why they are always hyping bitcoin, i dont have anything about them, if they can profit themselves from bitcoin, then they are allowed to do it, but i dont understand the real necessity of always spam the forum with the same phrase or pharagraph!

But we keep forgetting that a lot of people on this planet live on less than $1 per day. If you give them access to the internet through cheap devices something like Bitcoin can lift them out of poverty.
hero member
Activity: 2884
Merit: 794
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This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.

But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.

Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.

Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.

Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.


This is not a racist thread, i just want to know more about your situation.
I'm not from one of those two countries but it is very easy to see why people from third world countries choose bitcoin, the pay in those countries is terrible and if they can earn money with bitcoin they are going to do it especially if you take into account the fact bitcoin price keeps growing.
sr. member
Activity: 434
Merit: 255
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I also noticed many posts in rather poor English and they almost always had a desperate and/or hype vibe to them. If you watch the Trollbox on any exchange you know who they are by reading something along the lines of "X will moon because added to Y exchange". A lot of crypto money is "dumb money", people who didn't do a lot of research and throw their funds at anything they think will go up. So those who bought low make the most.

But we keep forgetting that a lot of people on this planet live on less than $1 per day. If you give them access to the internet through cheap devices something like Bitcoin can lift them out of poverty. And this is what the goal of cryptocurrencies should be. It shouldn't become "who's got the biggest mansion?" or "who's got the newest Lambo?" but impacting people in a positive way through your wealth.
It should be ideally. In life it is not so. How many coins can make the person who is just beginning to earn bitcoins and who can't get a start-up capital? Until bitcoin is in the stage of recovery, buy it those who have a lot of money. The rich get richer again. They always have free capital.
full member
Activity: 177
Merit: 100
I also noticed many posts in rather poor English and they almost always had a desperate and/or hype vibe to them. If you watch the Trollbox on any exchange you know who they are by reading something along the lines of "X will moon because added to Y exchange". A lot of crypto money is "dumb money", people who didn't do a lot of research and throw their funds at anything they think will go up. So those who bought low make the most.

But we keep forgetting that a lot of people on this planet live on less than $1 per day. If you give them access to the internet through cheap devices something like Bitcoin can lift them out of poverty. And this is what the goal of cryptocurrencies should be. It shouldn't become "who's got the biggest mansion?" or "who's got the newest Lambo?" but impacting people in a positive way through your wealth.
legendary
Activity: 4200
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You're never too old to think young.
I live in a relatively prosperous western country (Canada) so I can only comment on what I see here in Toronto regarding 3rd world Bitcoiners.

In my own experience, when I go to purchase bitcoins at local ATMs, there are sometimes lineups of people waiting to use the machine. This was more common in the past when there were fewer BTC ATMs.

Quite often these people were from obvious ethnic minorities, visibly and linguistically. Many of them were purchasing small amounts of Bitcoin (<$200), scanning paper QR codes rather than using phones or having the ATM generate paper wallets.

It made me wonder if they were immigrants sending part of their paychecks directly to their families in their native countries. This method would be much faster and cheaper than any other way to send money home. Even with today's spam-inflated transfer fees, it is a lot cheaper than Western Union, Paypal or any bank and is a lot faster than waiting several banking days.

Many people here are so into speculation that they seem to forget that there are other real-world uses for Bitcoin besides speculation and retail purchases.

This is just my personal observation.
sr. member
Activity: 602
Merit: 255
I have no problem with where they live (thousands of miles away from me, thankfully) or what they do for a living.  The problem I have is that most of the ones I see on bitcointalk contribute absolutely ZERO to any conversations.  Why?  Because they're so desperate to make their required number of posts for their sig campaigns, and the campaigns have absolutely no quality control.  They post the same phrases and sentiments about bitcoin over and over, and it's maddening.  So I wish they would stick to the local board that most suits their language skills.  Me, if the first 3 words of a sentence aren't in the proper order and I cannot understand where the post is going, I just skip it.  Most of the posts I skip come from foreign posters.  Asia, and the Phippines in particular, is the main culprit.  And I'd say Russia is up there, too.

I can see your point.

I wish my brothers and sisters would simply look at the bigger picture, and not just obssess over their post count and not "how to be jr. Member?" Or "how to join sig campaign?".

Allot of us Filipinos,( not everyone of course!) have a spoon fed mentallity. I know this since I'm still struggling to break out of it. It probably stems from our tradition of living together in hard times, and thinking that being alone and self-sustaining in life is a  prospect only for those who are lucky or already rich.

But it should go without saying that this could fit with anyone- not just east asians or whatever race. The tendency just sticks with 3rd world countries.

Just my probably faulty observation, please dont take my word as absolute.
Your English is a lot better than most Filipinos I've seen on this forum, and every rule has an exception of course.  I've seen people with very good English language skills write lazy one-liners in order to rank up or for whatever other purpose, and those folks suck ass, too.  My problem is not with politics, countries, or what nationality someone is.  It's with people's ability to communicate and their motivations for being members of bitcointalk.  It's with shitposters in general.  It just so happens that a majority of them come from Asia (non-English speaking countries) and they're decreasing the signal to signal ratio to a near-infinitesimal value.
I could understand their situation since they are in desperate need for money since they could not find enough sources to earn.But they should atleast contribute some value to the discussion making it meaningful.Just posting shitposts will not help them in the long run.




The 3rd countries are crazy about going crypto because the most in this are Asian mostly poor unemployed and no job so they how can  invest in bitcoin and can't buy so I wish to stick that local board more suits there language skills and I can't understand where the post going like that so only 3rd countries are crazy about to by crypto currency.
sr. member
Activity: 392
Merit: 250
I have no problem with where they live (thousands of miles away from me, thankfully) or what they do for a living.  The problem I have is that most of the ones I see on bitcointalk contribute absolutely ZERO to any conversations.  Why?  Because they're so desperate to make their required number of posts for their sig campaigns, and the campaigns have absolutely no quality control.  They post the same phrases and sentiments about bitcoin over and over, and it's maddening.  So I wish they would stick to the local board that most suits their language skills.  Me, if the first 3 words of a sentence aren't in the proper order and I cannot understand where the post is going, I just skip it.  Most of the posts I skip come from foreign posters.  Asia, and the Phippines in particular, is the main culprit.  And I'd say Russia is up there, too.

I can see your point.

I wish my brothers and sisters would simply look at the bigger picture, and not just obssess over their post count and not "how to be jr. Member?" Or "how to join sig campaign?".

Allot of us Filipinos,( not everyone of course!) have a spoon fed mentallity. I know this since I'm still struggling to break out of it. It probably stems from our tradition of living together in hard times, and thinking that being alone and self-sustaining in life is a  prospect only for those who are lucky or already rich.

But it should go without saying that this could fit with anyone- not just east asians or whatever race. The tendency just sticks with 3rd world countries.

Just my probably faulty observation, please dont take my word as absolute.
Your English is a lot better than most Filipinos I've seen on this forum, and every rule has an exception of course.  I've seen people with very good English language skills write lazy one-liners in order to rank up or for whatever other purpose, and those folks suck ass, too.  My problem is not with politics, countries, or what nationality someone is.  It's with people's ability to communicate and their motivations for being members of bitcointalk.  It's with shitposters in general.  It just so happens that a majority of them come from Asia (non-English speaking countries) and they're decreasing the signal to signal ratio to a near-infinitesimal value.
I could understand their situation since they are in desperate need for money since they could not find enough sources to earn.But they should atleast contribute some value to the discussion making it meaningful.Just posting shitposts will not help them in the long run.
full member
Activity: 756
Merit: 102
This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.

But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.

Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.

Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.

Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.


This is not a racist thread, i just want to know more about your situation.

most people from the 3rd world countries specifically asians are mostly poor and dont have jobs or unemployed therfor they cant buy or invest in bitcoin or in these so called cryptocurrencies rather they just come here on the forum to shill a crapcoin and to post a sh*t garbage/girbish post in order to get paid and earn bitcoin or any other coins (i.e altcoins , tokens ) and this is the real problem here that we should worry about.
sr. member
Activity: 503
Merit: 250
Any idea how much money can be made in this forum by someone who has access to internet ?
Bounty campaigns ,airdrops ,translations ...imagine your average monthly income is $100 per month and you're told that you can triple that just by posting here .And you also can invest some of that money into a project that could make you rich .


Hell ,I'm sure there are some people here who have quit their job to be 100% into the crypto world ....and not only "poor" ones .

But of course ,not everybody has access to the internet or has heard about cryptocurrencies and this forum .


I am struggling on deciding whether engaging in crypto will be enough for me when I left work, i mean cryptos earning were mich better from my job and it's much easier, i think that's reason why everyone is into it.
hero member
Activity: 658
Merit: 851
Any idea how much money can be made in this forum by someone who has access to internet ?
Bounty campaigns ,airdrops ,translations ...imagine your average monthly income is $100 per month and you're told that you can triple that just by posting here .And you also can invest some of that money into a project that could make you rich .


Hell ,I'm sure there are some people here who have quit their job to be 100% into the crypto world ....and not only "poor" ones .

But of course ,not everybody has access to the internet or has heard about cryptocurrencies and this forum .
newbie
Activity: 56
Merit: 0
The Philippines has an excellent on/off ramp to Bitcoin and Fiat called coins.ph. Users can buy/sell bitcoin as well as transfer exact amounts of Philippine Pesos for no fee or danger of chargeback. As such, Bitcoin opens the possibility of Ecommerce and eliminates the current (very real) credit card fraud. The zero fee also makes it a better option than PayPal and banks which are terrible in the Philippines. Banks charge a fee for just about everything and can close your account for any reason. They also have horrendous queues at peak times with ridiculous waiting times. By comparison, coins.ph can be funded at any pawn shop or 7/11 grocery store. Mobile phone load for all networks can be bought instantly directly on coins.ph. Overseas workers can also send micro payments of money easily to their relatives where banks make this hardly cost effective.

In short.... the banks in the Philippines suck and coins.ph is better than a bank.

There’s also Rebit.ph.

I can add veracity to this reason. I have been in Davao since 1994 and the banks (as well as grocery stores and even the roads) are so overcrowded that it is a way to waste a half-day for what should require only a few seconds or minutes to do.

Also can’t even open a bank account here anymore without a TIN number, but the BIR will not issue the TIN number unless you convince them you need one (bank account not being a valid reason). Once you have a TIN number you have to file a form every month at the BIR office and stand in line again (do not dare use their e-file as nothing technological works properly in this country), else you will pay a $20 per month penalty.

Basically bank accounts are an enslavement paradigm in the Philippines. Moving from the cash economy to the banked economy, causes the national government to track you. The cash businesses are tracked/fleeced at the local level by barangay officials, corrupt local police, local competition that will eject you from your business with some corruption/force and take the location/concept, etc..

Cryptocurrency in spite of also being a corruption at the highest levels, is actually increasing degrees-of-freedom for the peons (but the end game of crypto is 666 directed). Working online removes them from the aforementioned local threats with cash-based businesses.

Also Philippines was the SMS capital of the world long before Twitter. And filipinos made friendster the #1 social network for a while. So my point being that filipinos love their mobile phones, so to be able to manage their cash/investments from their mobile phone fits with their lifestyle. They’re accustomed to quickly downloading an app and go. Presumably much less adoption friction than complying with all the hassles/requirement of the banks.



Another reason the people in the developing world are going crazy for Bitcoin is purely speculation and get rick quick fantasy. The Asians and Latin Americans have gained some savings now and want to live the high life. They’re very much enticed to speculate. Gambling is very very popular pastime amongst Asians.

And MLM scams spread by word-of-mouth very easily in the Philippines. Filipinos kept asking me about afair Bitclub which they heard about from Facebook or from a friend.

Bounty campaigns ,airdrops ,translations ...imagine your average monthly income is $100 per month and you're told that you can triple that just by posting here .And you also can invest some of that money into a project that could make you rich .


Hell ,I'm sure there are some people here who have quit their job to be 100% into the crypto world ....and not only "poor" ones .

But of course ,not everybody has access to the internet or has heard about cryptocurrencies and this forum .

Indeed this is another reason. And yes you’re correct that there is still a huge reservoir of billions of people yet to come in, yet who will eventually.
full member
Activity: 308
Merit: 146
The Philippines has an excellent on/off ramp to Bitcoin and Fiat called coins.ph. Users can buy/sell bitcoin as well as transfer exact amounts of Philippine Pesos for no fee or danger of chargeback. As such, Bitcoin opens the possibility of Ecommerce and eliminates the current (very real) credit card fraud. The zero fee also makes it a better option than PayPal and banks which are terrible in the Philippines. Banks charge a fee for just about everything and can close your account for any reason. They also have horrendous queues at peak times with ridiculous waiting times. By comparison, coins.ph can be funded at any pawn shop or 7/11 grocery store. Mobile phone load for all networks can be bought instantly directly on coins.ph. Overseas workers can also send micro payments of money easily to their relatives where banks make this hardly cost effective.

In short.... the banks in the Philippines suck and coins.ph is better than a bank.

Edit: I forgot to mention that they also have zero fee withdrawal to a bank and zero fee cardless ATM withdrawals (basically a gift card via ATM... enter a 16 digit code to withdraw at Security Bank ATMs)
legendary
Activity: 1512
Merit: 1218
Change is in your hands
I think one of the main reasons that these 3rd world countries are investing so heavily into BTC is because of their value in currency. Bitcoin's value surpasses the currency value of their own country and with a weak government, they turn to BTC.

This of course is only my thought, and you may think I'm spilling bullshit. But almost everyone that invests in BTC right is in hopes that it will generate a 100x return and make them rich in the near future.

Lol! what are you babbling about? Bitcoin is already worth 11000 dollars! It has kicked the dollar in its ass already. So how come it won't be worth more than their local currency? Also *weak Government has nothing to do with it.

As for your second part, i disagree. People are not investing in bitcoin because it will make them rich, instead they are investing in bitcoin because it is the currency of future.
sr. member
Activity: 1274
Merit: 263
I don't think you assessments is right and you were not truth in what you are saying as some developed countries are also looking for money even more than those from third world countries. China is a developed countries and it citizens hold over 40% of all the coins in circulation. American citizen are many on this forum more than any other country and all of us here including you are here for the opportunity bitcoin gives.

actually what it's a truth but not all of them,
also china is not a developed country,if you ever learned about global economy you will understand that they're a king or leader in global economy,
which mean they can not be considered as 3rd country but instead they're the 1st country,many country following their footstep in economy system.
in the surface we're seeing a lot of 3rd countries people and asians hyping it like a crazy,
but bear it in your mind,they can not do a shit if there're noone behind them or basically peoples from the 1st country feeding them with their money.
many people from 3rd country tried to change their real life by joining and hyping it,
that is why we saw a lot of thing like that for couple years.
lastly i think it would be best for you guys to KEEP it secret and do not mention some countries because it will only bring us a fight between one and another,i believe the mod will never allow such a thing or this thread will be deleted in the future.
full member
Activity: 980
Merit: 114
I don't think you assessments is right and you were not truth in what you are saying as some developed countries are also looking for money even more than those from third world countries. China is a developed countries and it citizens hold over 40% of all the coins in circulation. American citizen are many on this forum more than any other country and all of us here including you are here for the opportunity bitcoin gives.
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
With the currency cost of a transaction ($5?), how could someone in a third world country use bitcoin? I think it's all fake or that's where some tor nodes are.

They don't pay the fees on their signature campaign payouts. And a lot of e.g. Filipinos just use their Coins.ph account (web wallet/exchange) to receive coins. If they want to transfer to other Coins.ph users, it's free. Otherwise, they might just want to dump their BTC on the exchange. In that case, no transaction fees, just standard trading commissions.

Google says the median salary in the Philippines is ~$7,660 per year (2014). With one Hero account, at the current BTC valuation, one could earn double the median salary. I'm sure some have multiple accounts, given the state of the forum....
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
With the currency cost of a transaction ($5?), how could someone in a third world country use bitcoin? I think it's all fake or that's where some tor nodes are.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
It is very simple. They are seeing in bitcoin a way out of poverty.

I don’t see anything wrong with that. The problem is the level of spam in this forum. But they are not the only ones to be blamed for that. The owner of this forum doesn’t seem willing to apply measures to deal with it, apart from the current ones: people report, and moderators delete posts and ban people. Some campaign managers have also to do with it: if they were only paying for constructive posts, written in decent English, the level of spam would be reduced drastically.
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.

But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.

Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.

Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.

Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.


This is not a racist thread, i just want to know more about your situation.

It's simply because they are earning while at home or in streets. Most people in the Philippines and Indonesia are jobless , so instead of playing games and engaging in social media (at least here they can use their fb and twitter to earn)  in their mobile phones they'd rather use their time earning while sitting. That is why we have so many Filipinos here and Indonesians.
full member
Activity: 364
Merit: 127
Quote
This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.

I dont see any problem here and for sure this thread will be a racist one.

Quote
But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.

Doesnt everyone in crypto including me and you want to have a better future, lets not single out 3rd world countries.

Quote
Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.

Again everyone who is connected to crypto currency want to make money and be a millionaire someday dont be a hypocrite.

Quote
Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.

Racist, what ever they say it wont affect the market value of bitcoin, let them hype and say what ever they want about bitcoin as long as its not spammy.


Quote
Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.

Yes you are missing a lot, try look widely at the situation and rephrase your question, its not just 3rd world countries everyone who is new to bitcoin or crypto currency are doing the same thing.


This is not a racist thread, i just want to know more about your situation.
hero member
Activity: 854
Merit: 500
Stake & Vote or Become a IoTeX Delegate!
This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.

But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.

Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.

Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.

Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.


This is not a racist thread, i just want to know more about your situation.


I understand that you don't mean to seem like a racist at this post but mind you, maybe what you have observed to them is just an impression. I know someone who comes from the third world and he is very dedicated in investing for his bitcoin account and knows a lot about it. The bottom line here is that, a third world country stays to its level not just because of the people but because of the government, its location maybe and many other factors.
full member
Activity: 686
Merit: 146
I'm from the Philippines myself. Yep 3rd world.

The fast gains Btc provided this year indeed attracts allot of people-with majority suffering from unemployment or poor wages. Bitcoin is acting like a get rich scheme, but we all know how volatile Bitcoin is, crypto is more complex than that.

I admit when you're desperate, you tend to jump into things without understanding them first. Especially if these things involve less work and fast profits.



This is mainly the reason. Wages are really low in the Philippines and Filipinos have been looking for ways to earn extra or get better jobs just to sustain their families (i.e. work abroad, become an overseas Filipino worker) and somehow, bitcoin has provided them with extra money or sideline income through signature campaigns. Because of this, a lot of Filipinos engaged into joining this forum with only the sole aim to earn through signature campaigns even without knowing about bitcoin entirely. Out of desperation, it has made them "go crazy over bitcoin".

I can't but deny that there are a lot of users in this forum who are like that. However, their financial situation in the Philippines and circumstance has made them this way. With the hopes of earning more, or to even just sustain their family, this has created the "hype" in third world countries such as the Philippines.
member
Activity: 84
Merit: 10
I think one of the main reasons that these 3rd world countries are investing so heavily into BTC is because of their value in currency. Bitcoin's value surpasses the currency value of their own country and with a weak government, they turn to BTC.

This of course is only my thought, and you may think I'm spilling bullshit. But almost everyone that invests in BTC right is in hopes that it will generate a 100x return and make them rich in the near future.
newbie
Activity: 14
Merit: 0
Quote
My problem is not with politics, countries, or what nationality someone is.  It's with people's ability to communicate and their motivations for being members of bitcointalk.  It's with shitposters in general.  It just so happens that a majority of them come from Asia (non-English speaking countries) and they're decreasing the signal to signal ratio to a near-infinitesimal value.

Ah. Well most of us join bitcointalk primarily for the sig campaign lol word of mouth! I did at first, but eventually learned about trading / hodling etc.

I admit that it was beyond me at one point that I too could have potentially spammed bitcointalk with ridiculous topics and one liners just to UP my activity. I guess I wasn't willing to educate myself in crypto to give actual contribution in the forums? Maybe I didn't care about the community, and focused only on how to earn using this forum? I guess I didn't know any better? ...but soon found out that wasn't an excuse.

The prospect of a sig campaign as an easy "sideline" had blinded me to the fact that shtposts contribute to lowering the credibility of bitcointalk. I think what allot of us lack is not smarts or know hows.... but willingness to follow policies in the forum.
full member
Activity: 322
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the lack of opportunities, political corruption, shitty economy and social injustices all make people desperate. in crypto we're all in the same playing field and the gains made from cryptocurrencies may seem small but they are life changing for people from the third world countries.
legendary
Activity: 1414
Merit: 1039
This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.

But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.

Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.

Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.

Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.


This is not a racist thread, i just want to know more about your situation.

I see that you have made it pretty clear that you don't intend for this to be a racist post, which I and I'm sure many others appreciate a lot. Thanks for that!

I think the reason for seeing people from third world countries is that bitcoin can have a much larger lasting impact on them rather than us in first world countries. In general, things in third world countries are cheaper as is the cost of living when compared to large areas in first world countries.
legendary
Activity: 3528
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I have no problem with where they live (thousands of miles away from me, thankfully) or what they do for a living.  The problem I have is that most of the ones I see on bitcointalk contribute absolutely ZERO to any conversations.  Why?  Because they're so desperate to make their required number of posts for their sig campaigns, and the campaigns have absolutely no quality control.  They post the same phrases and sentiments about bitcoin over and over, and it's maddening.  So I wish they would stick to the local board that most suits their language skills.  Me, if the first 3 words of a sentence aren't in the proper order and I cannot understand where the post is going, I just skip it.  Most of the posts I skip come from foreign posters.  Asia, and the Phippines in particular, is the main culprit.  And I'd say Russia is up there, too.

I can see your point.

I wish my brothers and sisters would simply look at the bigger picture, and not just obssess over their post count and not "how to be jr. Member?" Or "how to join sig campaign?".

Allot of us Filipinos,( not everyone of course!) have a spoon fed mentallity. I know this since I'm still struggling to break out of it. It probably stems from our tradition of living together in hard times, and thinking that being alone and self-sustaining in life is a  prospect only for those who are lucky or already rich.

But it should go without saying that this could fit with anyone- not just east asians or whatever race. The tendency just sticks with 3rd world countries.

Just my probably faulty observation, please dont take my word as absolute.
Your English is a lot better than most Filipinos I've seen on this forum, and every rule has an exception of course.  I've seen people with very good English language skills write lazy one-liners in order to rank up or for whatever other purpose, and those folks suck ass, too.  My problem is not with politics, countries, or what nationality someone is.  It's with people's ability to communicate and their motivations for being members of bitcointalk.  It's with shitposters in general.  It just so happens that a majority of them come from Asia (non-English speaking countries) and they're decreasing the signal to signal ratio to a near-infinitesimal value.
newbie
Activity: 14
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I have no problem with where they live (thousands of miles away from me, thankfully) or what they do for a living.  The problem I have is that most of the ones I see on bitcointalk contribute absolutely ZERO to any conversations.  Why?  Because they're so desperate to make their required number of posts for their sig campaigns, and the campaigns have absolutely no quality control.  They post the same phrases and sentiments about bitcoin over and over, and it's maddening.  So I wish they would stick to the local board that most suits their language skills.  Me, if the first 3 words of a sentence aren't in the proper order and I cannot understand where the post is going, I just skip it.  Most of the posts I skip come from foreign posters.  Asia, and the Phippines in particular, is the main culprit.  And I'd say Russia is up there, too.

I can see your point.

I wish my brothers and sisters would simply look at the bigger picture, and not just obssess over their post count and not "how to be jr. Member?" Or "how to join sig campaign?".

Allot of us Filipinos,( not everyone of course!) have a spoon fed mentallity. I know this since I'm still struggling to break out of it. It probably stems from our tradition of living together in hard times, and thinking that being alone and self-sustaining in life is a  prospect only for those who are lucky or already rich.

But it should go without saying that this could fit with anyone- not just east asians or whatever race. The tendency just sticks with 3rd world countries.

Just my probably faulty observation, please dont take my word as absolute.
sr. member
Activity: 644
Merit: 250
I agree with you at some point.

Imagine you hear about bitcoin on media and decide to make some research on the web to know more about it. You surely find about bitcointalk as it comes a lot in the SERP for some queries. Then you say "oh bitcoin has a forum, great! let me read"

After 1 hour you figure most of them are always telling bitcoin=moon! bitcoin will be $50k in 2 weeks hold, buy buy buy! Rich soon!
You also figure that most of them are under 18, housewife, don't give a fuck to bitcoin, but just want free money. you see that they making no sense posts, with the same question popping every day. Telling to people to buy bitcoin but never do themselves, why should they, they don't care about crypto. They just love rehashing the same question and answer all day long

I tell you this, it's not about racism, I tell you it because I have a friend who didn't know about bitcoin he ended here and started to read, the next day he told me "bitcoin is just for children in sandbox so they can buy video games, i don't want to look more about it" Cheesy Cheesy
But since you are making that comments and the example already appeared at the bottom of this thread.

At the time that the bitcoin was worth nothing, and a lot of people don't care about that.

A lot of the people from 3rd country needs the bitcoin.
That was not caused by they needed to buy it. They have required the bitcoin for free.


The 3rd will not give a lot of the support to the bitcoin caused by the economy was less than the developed country.


I'm from the Philippines myself. Yep 3rd world.

The fast gains Btc provided this year indeed attracts allot of people-with majority suffering from unemployment or poor wages. Bitcoin is acting like a get rich scheme, but we all know how volatile Bitcoin is, crypto is more complex than that.

I admit when you're desperate, you tend to jump into things without understanding them first. Especially if these things involve less work and fast profits.


newbie
Activity: 14
Merit: 0
I'm from the Philippines myself. Yep 3rd world.

The fast gains Btc provided this year indeed attracts allot of people-with majority suffering from unemployment or poor wages. Bitcoin is acting like a get rich scheme, but we all know how volatile Bitcoin is, crypto is more complex than that.

I admit when you're desperate, you tend to jump into things without understanding them first. Especially if these things involve less work and fast profits.

legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
I have no problem with where they live (thousands of miles away from me, thankfully) or what they do for a living.  The problem I have is that most of the ones I see on bitcointalk contribute absolutely ZERO to any conversations.  Why?  Because they're so desperate to make their required number of posts for their sig campaigns, and the campaigns have absolutely no quality control.  They post the same phrases and sentiments about bitcoin over and over, and it's maddening.  So I wish they would stick to the local board that most suits their language skills.  Me, if the first 3 words of a sentence aren't in the proper order and I cannot understand where the post is going, I just skip it.  Most of the posts I skip come from foreign posters.  Asia, and the Phippines in particular, is the main culprit.  And I'd say Russia is up there, too.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
I agree with you at some point.

Imagine you hear about bitcoin on media and decide to make some research on the web to know more about it. You surely find about bitcointalk as it comes a lot in the SERP for some queries. Then you say "oh bitcoin has a forum, great! let me read"

After 1 hour you figure most of them are always telling bitcoin=moon! bitcoin will be $50k in 2 weeks hold, buy buy buy! Rich soon!
You also figure that most of them are under 18, housewife, don't give a fuck to bitcoin, but just want free money. you see that they make no sense posts, with the same question popping every day. Telling to people to buy bitcoin but never do themselves, why should they, they don't care about crypto. They just love rehashing the same question and answer all day long

I tell you this, it's not about racism, I tell you it because I have a friend who didn't know about bitcoin he ended here and started to read, the next day he told me "bitcoin is just for children in sandbox so they can buy video games, I don't want to look more about it" Cheesy Cheesy
sr. member
Activity: 1036
Merit: 275
This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.

But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.

Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.

Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.

Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.


This is not a racist thread, i just want to know more about your situation.
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