Topic: Why people think cheap of those who say they want to get rich from bitcoin! - page 2. (Read 2738 times)
February 10, 2015, 02:39:25 PM
It does seem a bit tacky when people only get involved with bitcoin to strike it rich, though many of us can see the potential for that to happen so I'd be lying if I said it wasn't a factor, but I'd rather bitcoin be accepted as a valid currency that I can use worldwide rather than just get rich from it and it dissapears.
February 10, 2015, 12:20:48 PM
If someone wish to become rich and get into financial freedom by investing in bitcoin!
They are often looked down cheaply like
"lazy ones trying to get rich by doing nothing"
"bitcoin is to spend and it is not an investment to get rich or a get rich quick scheme"
People often hate those who want to become rich and are labelled greedy!
Why is this so?
It seems as if those who do not have the brains or skills to be innovative with bitcoin should not dream of becoming rich!
why so?
i think it is because most of them are in it blindly. they have heard something, somewhere, or saw a price surge to 1000$ and thought "if i buy now i will be rich" so they entered. They are often looked down cheaply like
"lazy ones trying to get rich by doing nothing"
"bitcoin is to spend and it is not an investment to get rich or a get rich quick scheme"
People often hate those who want to become rich and are labelled greedy!
Why is this so?
It seems as if those who do not have the brains or skills to be innovative with bitcoin should not dream of becoming rich!
why so?
almost all of them lose money and after the first drop in price curse everyone and run away
February 10, 2015, 08:28:57 AM
Who say those who took on a risk did not work at all? I have a day job and basically part of the earnings I get were put into bitcoin. Just a small portion currently. I would say the other group was envy if this ever becomes a success. And they would criticize just because they don't believe what others think. To sums up everything, I still work for my share of coins.
February 10, 2015, 05:09:33 AM
Personally I think people can use bitcoin in whatever way they wish. Isn't that the great thing about it? Want to speculate on it as an investment? Go ahead. Want to use it because you believe in it politically. Great. Want to do both? Even better. Let people be free to interact with their coins and don;t judge them for it.
February 10, 2015, 04:23:48 AM
Greedy is being considered a bad attitude and the sole aim of getting rich is a pretty basic desire. While other people work pretty hard for their money, they don't want to see other people become rich by doing nothing, they feel this is unfair - which it is. When it comes to investments, people who don't dare to put money into an investment (Bitcoin) don't want it to succeed so they can rejoice not having lost an opportunity while staying safe.
The richest people in life did not become rich by working, they became and stayed rich by letting money and people work for them.
It's a myth designed to keep people obeying and working for them, and keep the system alive, but the system is designed to suit the needs of the very rich. And everyone else suffers.
Yeah, go on, work your ass off, earn a few pennies, maybe you can one day get "rich". Maybe you will get promoted some day so you can drive a slightly better car, life in a slightly bigger house. But you still get to waste most of your waking hours at a job you don't like and you will barely see your family and friends. And you will still be far poorer than the guy you call your boss.
Investing is one of the best ways to get rich, yes it may ruin you it you bet wrong, but you can't get rich without taking a risk. Starting up a company, investing in a company or an idea both are risky, but if you just keep trying and keep looking for the right opurtinty you can get out of the rat race, and life a live free of the financial slavery and spend time doing what you actually like to do.
February 10, 2015, 04:00:07 AM
Most of them don't understand bitcoin and they would naturally think that it is a ponzi scheme.
If you own bitcoin and don't understand it, then yes, you are lucky, and no you will not be making any money on the next phase which is Bitcoin2.0
the current whales will not make money on their mega wallets ??
i find that hard to believe as people like tim draper or winklevoss and many others can afford to sit and wait years if nescessary
they will not be pressured to dump at sub $200 etc as they have tonnes more money or assets
the people who are bitching the loudest are ,quite ironically probably the ones with the least coins who are "fighting over the crumbs" and trying to FUD the price down a bit lower so they can short their 0.4btc
February 10, 2015, 03:48:36 AM
Whilst you can wish or desire to profit from bitcoin if it is your sole desire to get rich quick then people tend to think you're just materialistic and don't care about bitcoin at all as long as you can line your pockets from it. Each to their own I say.
February 10, 2015, 03:41:19 AM
Most of them don't understand bitcoin and they would naturally think that it is a ponzi scheme which will cause people to lose money or some operation to harass processing power. This isn't the case however, since the source code is open for everyone to review.
February 10, 2015, 02:39:11 AM
Use your bitcoins,
and then buy more.
and then buy more.
Personally to me it sounds like BS that btc only have value if spent. Btc is at the very least a volatile store of value which tends to rise in the long run. Specially when the btc inflation decreases, it will certainly rise at a faster rate. Considering that you need to spend to give it value sounds stupid to me.
It is very simple. Bitcoins are just a bunch of numbers, and as numbers they would be inherently worthless, but the ability to use bitcoins gives them value. If you were not able to use bitcoins, then they would be worthless.
The key is that when people use bitcoins, they become more usable for more people. The more usable bitcoins are, the more valuable they become. If you hold bitcoins, the best thing you can do is to use them and buy more. If you are going to pay for something, don't use cash and don't use a credit card. Use bitcoins. There is no reason why people can't hold bitcoins and use them at the same time.
February 10, 2015, 02:11:46 AM
Greedy is being considered a bad attitude and the sole aim of getting rich is a pretty basic desire. While other people work pretty hard for their money, they don't want to see other people become rich by doing nothing, they feel this is unfair - which it is. When it comes to investments, people who don't dare to put money into an investment (Bitcoin) don't want it to succeed so they can rejoice not having lost an opportunity while staying safe.
Investments can be considered gambling in some countries.
February 10, 2015, 02:09:46 AM
I think some of those people say it more to warn people, than to to talk down to them.
There are people, who have seen some mostly early adopters of BTC become rich and they think, if they do the same, they would become filthy rich too.
Those people will then be discouraged, if it does not happen.
The early adopters either got lucky, or they where at the correct place at the right time... some of them, used their common sense and a keen eye for a potential great invention and made the correct decision to invest or buy BTC
We do not know, if we might be one of those or not... so it's better to be cautious and to warn others.
There are people, who have seen some mostly early adopters of BTC become rich and they think, if they do the same, they would become filthy rich too.
Those people will then be discouraged, if it does not happen.
The early adopters either got lucky, or they where at the correct place at the right time... some of them, used their common sense and a keen eye for a potential great invention and made the correct decision to invest or buy BTC
We do not know, if we might be one of those or not... so it's better to be cautious and to warn others.
February 10, 2015, 02:07:41 AM
If someone wish to become rich and get into financial freedom by investing in bitcoin!
They are often looked down cheaply like
"lazy ones trying to get rich by doing nothing"
"bitcoin is to spend and it is not an investment to get rich or a get rich quick scheme"
People often hate those who want to become rich and are labelled greedy!
Why is this so?
It seems as if those who do not have the brains or skills to be innovative with bitcoin should not dream of becoming rich!
why so?
They are often looked down cheaply like
"lazy ones trying to get rich by doing nothing"
"bitcoin is to spend and it is not an investment to get rich or a get rich quick scheme"
People often hate those who want to become rich and are labelled greedy!
Why is this so?
It seems as if those who do not have the brains or skills to be innovative with bitcoin should not dream of becoming rich!
why so?
because they're scum with no contribution. Its the same reason i look down on Indian fucks with no manners in public (also smells like shit most of the time)
Enough for you Appu?
February 10, 2015, 02:03:01 AM
Never try to get what you can't get in real world in Bitcoin, likes money.
February 10, 2015, 01:51:14 AM
Do you stop working if folks around you view your work as CHEAP?
February 09, 2015, 11:56:46 PM
Investing in bitcoin is VERY high risk investment, usually investements like that yelds huge returns and even bigger losses 
How it will turn out?? Time will tell
How it will turn out?? Time will tell
February 09, 2015, 11:45:34 PM
Some people care more about the technology than the price.
February 09, 2015, 11:05:55 PM
Don't pay attention to those people OP. You'll hear those words from people who don't have any bitcoin and they're butt-hurt because they didn't got in like early adopters did. Haters gonna hate.
February 09, 2015, 10:59:47 PM
I don't have a moral objection to people "investing" in bitcoins, but it is not beneficial to Bitcoin. Ultimately, using (or destroying) bitcoins is the only action that increases their value.
Bitcoins only have measurable value when they are used. Bitcoins that are held have potential value, but no actual value. People that hold bitcoins rely on the people that use bitcoins to give their bitcoins value. If everyone held their bitcoins and never used them, then bitcoins would be worthless because they have no use.
People that say "I will never spend my bitcoins!" are lying. If they really intended to never spend their bitcoins, they would destroy them. People "investing" in bitcoins cause the price to rise only temporarily. The fall in the price of bitcoin has been a result of people that bought bitcoins as an investment now cashing in their investment. The price of bitcoin will continue to fall until the level of usage rises to support it, or until another bubble forms.
If you want to invest in bitcoins and also contribute to the increase in their value, then I suggest you do the following:
Bitcoins only have measurable value when they are used. Bitcoins that are held have potential value, but no actual value. People that hold bitcoins rely on the people that use bitcoins to give their bitcoins value. If everyone held their bitcoins and never used them, then bitcoins would be worthless because they have no use.
People that say "I will never spend my bitcoins!" are lying. If they really intended to never spend their bitcoins, they would destroy them. People "investing" in bitcoins cause the price to rise only temporarily. The fall in the price of bitcoin has been a result of people that bought bitcoins as an investment now cashing in their investment. The price of bitcoin will continue to fall until the level of usage rises to support it, or until another bubble forms.
If you want to invest in bitcoins and also contribute to the increase in their value, then I suggest you do the following:
Use your bitcoins,
and then buy more.
and then buy more.
This is a perfect sugestion. Instead of worrying about spending your bitcoins, you just should spend how much you can, and after spending, just go to an exchange and re-buy the bitcoins that you spent. In this way, you are helping to avoid the price goes down, because you are hodling and neutralizing the movement of merchants exchanging the bitcoins for fiat immediately.
People won't gain money with Bitcoin if they don't use bitcoins as money. Those 10000 bitcoins used to buy two pizzas in 2010 wouldn't be the equivalent of 1770 oz of gold today without using bitcoins as money.
February 09, 2015, 10:45:08 PM
Greedy is being considered a bad attitude and the sole aim of getting rich is a pretty basic desire. While other people work pretty hard for their money, they don't want to see other people become rich by doing nothing, they feel this is unfair - which it is. When it comes to investments, people who don't dare to put money into an investment (Bitcoin) don't want it to succeed so they can rejoice not having lost an opportunity while staying safe.
No one works hard to get rich. Its a combination of risk + luck. To get rich you need to beat time. To beat time you need big quick gains. To beat big quick gains you need to risk. To win will risking means having luck.
So buy Bitcoin and good look you'all.
No one works hard to get rich.
I know someone who did work hard and got rich, actually more than one...
February 09, 2015, 10:38:32 PM
Quote
they don't want to see other people become rich by doing nothing, they feel this is unfair - which it is.
To a certain extent you are right, but well though out investments should be, and are rewarded. The early Bitcoin adopters took a huge risk and deserve at least some of what they got. Just as investors in the stock market, who provide capital for innovation and investment, deserve to be rewarded for the risk they take and for allocating their capital to profitable endeavors.
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