Topic: Why rich people with a lot of Bitcoin don't try to improve it? (Read 329 times)
If Bitcoin became dependent on altruism then it's failed. I'm all for people putting something back, but if that becomes a necessity then that's not a good sign. If it had made me a quadrillionaire I'd probably go around dropping it on people and blowing their minds.
January 08, 2018, 11:51:29 AM
We will never know what is the rich people thought. Maybe they already have great plan about their bitcoin. But we just see that they are not even try to improve it. It happens because some reason that only the rich people know. we just can predict it. maybe they already satisfied with their money or they have their own strategy.
January 07, 2018, 08:29:29 AM
I mean, they are so rich, they can start to mine Bitcoin, even if they lose some money they shouldn't care, they are ok with all those money they already have.
Am I wrong?
If you became rich and you are doing the dream life that everyone wants is thanks to Bitcoin, don't let him die.
Am I wrong?
If you became rich and you are doing the dream life that everyone wants is thanks to Bitcoin, don't let him die.
You do not know everything what they do. Most rich people will regard information as their most valuable possession. So if they divide it, it's the same as battling the treasure. You do not know it's behind the scenes, they finance bitcoin miners with all the resources they need and, in return, they get a few percent from the miners. well, Who knows.
January 07, 2018, 08:13:59 AM
I mean, they are so rich, they can start to mine Bitcoin, even if they lose some money they shouldn't care, they are ok with all those money they already have.
Am I wrong?
If you became rich and you are doing the dream life that everyone wants is thanks to Bitcoin, don't let him die.
Am I wrong?
If you became rich and you are doing the dream life that everyone wants is thanks to Bitcoin, don't let him die.
I think you have misunderstood something. The rich people are rich because they have managed to get people like you to buy their Bitcoins at a high price. That means they are now rich, and you are stuck with a Bitcoin that you can't use for anything and also cannot sell with profit because of the high transaction fees. You have made them rich. They will not help you.
Why is this guy "freightjoe" is always anti-bitcoin? The answer is must of the rich people that you are seeing investing in bitcoin don't have the technical knowledge about bitcoin. But don't worry the bitcoin lightning network is about to change everything by solving the bitcoin problems. Once the lightning network is implemented the bitcoin transactions would be faster and smoother than ever.
January 07, 2018, 07:19:56 AM
You are overestimating people nature. When you have tons of millions of dollars you do not care about other people and their problems. There are always '' decent '' exceptions in every field, but there is not yet so generous one in this field, I suppose 
The investors of Bitcoin are already rich men so the main is thing that what your thinking level is. Many rich men are rich due to their in heritage. They are not too intelligent to increase their money in more. But they are little bit lazy too that they feels that the money they have is enough for their lives and they don’t need to increase their income and resources. The people of this thinking are very rare, the mostly people are already in the community of Bitcoin for their better future. January 02, 2018, 08:15:18 AM
I mean, they are so rich, they can start to mine Bitcoin, even if they lose some money they shouldn't care, they are ok with all those money they already have.
Am I wrong?
If you became rich and you are doing the dream life that everyone wants is thanks to Bitcoin, don't let him die.
For the simple reason that rich people are only interested in their money and not interested in Bitcoin's fate in the future, if I am rich by Bitcoin I will try to get other people to achieve it. like me and more, Am I wrong?
If you became rich and you are doing the dream life that everyone wants is thanks to Bitcoin, don't let him die.
January 02, 2018, 08:09:05 AM
I know even less about ethereum, but I know that the bitcoin profits I have taken this year, when put into ETH are already and will pay off quite well in the coming year(s).
January 02, 2018, 08:05:37 AM
I know for myself, I got into btc quite early, but I have very low tech ability, I use maybe 10% of the capability of my smartphone.
January 02, 2018, 08:02:02 AM
I mean, they are so rich, they can start to mine Bitcoin, even if they lose some money they shouldn't care, they are ok with all those money they already have.
Am I wrong?
If you became rich and you are doing the dream life that everyone wants is thanks to Bitcoin, don't let him die.
Am I wrong?
If you became rich and you are doing the dream life that everyone wants is thanks to Bitcoin, don't let him die.
The answer to this is they are simply not that greedy. On a more serious note, if all the bitcoin in the world will go to only one person, do you think people will still value it, knowing that only one person has it all? I don't think so. Bitcoin will lost it's value if it's only owned by one person.
January 02, 2018, 06:50:40 AM
I mean, they are so rich, they can start to mine Bitcoin, even if they lose some money they shouldn't care, they are ok with all those money they already have.
Am I wrong?
If you became rich and you are doing the dream life that everyone wants is thanks to Bitcoin, don't let him die.
Am I wrong?
If you became rich and you are doing the dream life that everyone wants is thanks to Bitcoin, don't let him die.
some people no care about fiat ,, bitcoin to them more important and i understand this way because even me too i am also like this way when i think about bitcoins . to me if real investor you are then why you sell only because price go up
this no what real investor do , only gamble idiots do this one who go to casino and spend one hundreds dollar to slot machine and they will say to someone that they are investor no this one is only gamble
even you go to bush and find monkey who will be able to do this same gamble practice that you conduct like this
no , to me bitcoin is more important than anything fiat currency ,, bitcoin is something not for spend today but for spend in 20 year time , if you do like this it is your famaily who will enjoy it
January 02, 2018, 06:32:58 AM
I mean, they are so rich, they can start to mine Bitcoin, even if they lose some money they shouldn't care, they are ok with all those money they already have.
Am I wrong?
If you became rich and you are doing the dream life that everyone wants is thanks to Bitcoin, don't let him die.
Am I wrong?
If you became rich and you are doing the dream life that everyone wants is thanks to Bitcoin, don't let him die.
Bitcoin is not dying but it is really very complex. More and more with the time. I think that the men with money are trying now to organize some other projects related to cryptocurrencies. But this is not the problem, just business.
January 01, 2018, 08:45:06 PM
Just because they are rich people doesn't mean they shouldn't care about losing some money. People take good care about their money thats why they become rich. Buying mining hardware and setting up is already expensive. Bitcoin won't die easily because there many people who use it and it has also many investors such as those rich people. The changes in price of bitcoin is natural so expect that it will rise again soon.
January 01, 2018, 08:00:25 PM
Why rich people think only about profit ? Because that's the spirit that made them rich
January 01, 2018, 07:57:43 PM
I think that people truly committed to the ideals behind bitcoin are no longer there, or have not found a way to agree to solve all this problem around bitcoin. I would not expect anything from those who have become rich thanks to bitcoin. These people only became interested in speculation without any moral principle because capital tends to take away from people the proper use of sound judgment.
January 01, 2018, 07:44:47 PM
Many of those rich people don not believe in crypto currencies for them this is just a bubble and they did not waste time discovering what are the capabilities of bitcoin and since government does not give full support to bitcoin they are also afraid that they might losing so much money just in cae they invest on it and it didn't turn out to be successful. But I think in the coming years they will realize how good bitcoin is and how it can really make them more richer
January 01, 2018, 07:41:03 PM
I don't understand your statement, They are so rich so they must make more bitcoin? It's all decided by person, their planning
January 01, 2018, 07:38:03 PM
I think they just don't care and they just enjoy spending their money earned from Bitcoin.
There are many developers that don't care about money they just want to improve the Network and help other users.
But Bitcoin will not die if rich people do not invest their money to improve it.
There are many developers that don't care about money they just want to improve the Network and help other users.
But Bitcoin will not die if rich people do not invest their money to improve it.
January 01, 2018, 07:36:22 PM
I mean, they are so rich, they can start to mine Bitcoin, even if they lose some money they shouldn't care, they are ok with all those money they already have.
Am I wrong?
If you became rich and you are doing the dream life that everyone wants is thanks to Bitcoin, don't let him die.
no offense but your idea with rich people are wrong. Am I wrong?
If you became rich and you are doing the dream life that everyone wants is thanks to Bitcoin, don't let him die.
First of all they are not charity and most of rich people work their selves to get where they are and lastly you can't force them to always help the community and the reality is some of them just always thinks the return they will get if they invest into something.
January 01, 2018, 06:57:27 PM
Mining at a loss is not the solution to solve the transaction problem. We have to think of better solution.
Exactly! Instead of throwing money out of the window by mining, a better solution would be to fund a (research)team who could work along the volunteers, like Mozilla or others.
January 01, 2018, 06:51:36 PM
Why aren't rich people trying to mine to help bitcoin? Same reason as why not all rich people donate money to charities. Some are just simply not interesting in helping others. Also, calm down. Bitcoin isn't dying; it's definitely currently sort of crippled, though.
The crippling could lead to its death if not treated properly in a proper time,that is the biggest concern,the exposure of bitcoin is huge and these difficulties are the ones presented to a new user which will deter him to use it in the future,the only thing that attracts him is the ever increasing price,when it comes to the OP,the rich with a lot of bitcoin will do what to help bitcoin,if you have a solution i would like to hear from you.
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