Title: Are you interested in Bitcoin because of the concept or to get rich? Post by: Elwar on August 26, 2014, 08:03:31 PM I notice that most new users are here looking for ways to get rich off of Bitcoin. It's like Steve Jobs and his buddies created the personal computer, took all the risk and got the company running, started making big money and now people are buying the computer and sitting in front of it waiting for it to make them rich too.
Have you read the white paper? https://bitcoin.org/bitcoin.pdf Do you understand the whole point of Bitcoin and what it does for the world? Or are you just hearing about early adopters making a lot of money and you want to buy some bitcoins now so you can sell it later for more money and go back to your fiat world a richer person (though poorer in the long run for living in a fiat economy)? Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: RodeoX on August 26, 2014, 08:16:04 PM I already had what I need in terms of money. Bitcoin is far more important to me than money. I would like to see our economic future played on a level field. The corruption of banks and the wealthy has reached the tipping point and now that I have bitcoin I no longer use other currencies on the internet.
I for one am not going back. This is the money I use and a retailer can accept it or say goodbye to my business. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Beliathon on August 26, 2014, 08:22:25 PM The corruption of banks and the wealthy has reached the tipping point and now that I have bitcoin I no longer use other currencies on the internet. I for one am not going back. Took the words right out of my mouth. Well said.Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Ron~Popeil on August 26, 2014, 08:25:06 PM To be honest at first it was the idea that the value would go up exponentially that drew me in. After spending a lot of time reading about it and watching a lot of videos by guys like Andreas A. and Stephan Molyneux (sp?) I have come to appreciate it for the potential it has to change the world in a very good and positive way. A people can never be truly free if their ability to acquire the tools to survive and be comfortable are controlled by any single entity. A free market economy is synonymous with individual freedom and that in my opinion is the great promise of bitcoin.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: blacksails on August 26, 2014, 08:28:33 PM When I started with bitcoin it was as a way to earn money online. But the longer I used it, and the more I lurked this forum, the more I liked the idea. And now I am extremely interested in bitcoin (although it would of course be awesome if I got rich from one of my interests).
I think many does the same thing, but I guess I can only speak for myself. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: bitsire on August 26, 2014, 08:43:30 PM I would think a good chunk of people here were drawn to Bitcoin out of interest in the concept itself and consider the price increases as one kickass bonus!
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: DannyHamilton on August 26, 2014, 08:55:22 PM I choose to vote with my money.
I've made purchases from Overstock.com, TigerDirect.com, and NewEgg.com since they started accepting bitcoin. I've subscribed to the Chicago Sun-Times since they started accepting bitcoin (and called their customer service to thank them and explain my reason for subscribing). I've switched from Comcast to Dish Satellite service since they started accepting bitcoin (and explained to Comcast customer service my reason for switching). I order my take-out pizza from Rosati's since they started using Menufy and accepting bitcoin (and explained to the restaurant manager my reason for purchasing from them when I picked up my pizzas). Businesses that accept bitcoin will win my loyalty over their competition, and they'll know it. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: galbros on August 26, 2014, 09:13:55 PM I started following bitcoin because I love the concept of a crypto currency. However, after the run up in Nov 2013 the hope of wealth has entered my mind, though I almost expect bitcoin to crash as much as soar. So bascially, came for the concept, stayed for the wealth!
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Chef Ramsay on August 26, 2014, 09:29:33 PM Let's face it, most everyone is enticed by the prospect of becoming wealthier but it's the liberty minded mindset that is also focused on the disruptive capabilities. The libertarian and socialist minded often want whats best for mankind but clearly have different ways and means of making this happen. The problem is, this whole innovative and revolutionary technology is a way to, at minimum, tone down the aggressiveness of governments in favor of the individual if not to outright bypass the obsolete institution as a whole. Whether people know it or not, it's the continuation of erring on the side of more government that has us where we are. And, like it or not, it's the reason the USA has been able to use it's past and current capitalist wealth to intervene all over the world. In the end, libertarians are the true saviors and that's the mindset that led to Bitcoin and sounder money.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: zetaray on August 26, 2014, 09:46:33 PM I have a bit more than 1btc, I know I am not going to get rich from bitcoin, but I do want it to worth a lot more so I can buy more things with it. I am genuinely interested in the discentralised concept and hope it will work.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: countryfree on August 26, 2014, 10:16:43 PM Independence from all central banks and from all governments has always been my first motivation. Ability to send money everywhere quickly and cheaply comes second, but I've never had any interest in the get rich quick schemes that are so popular on the Internet.
I don't dream. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Keyser Soze on August 26, 2014, 10:58:14 PM I first stumbled upon Bitcoin right around the time it hit $1 for the first time, I remember because people on this forum were going crazy (as I remember it) about "dollar parity". Didn't spend much time looking into it and didn't think of it again until around March 2013. The price was obviously much higher and was increasing rapidly. Wanting to know why, I dug into it much deeper then I had in the past. Once I understood the concepts of Bitcoin, I was hooked.
While increasing my wealth would be nice, the concept is much more important to me. If it ends up greatly increasing my wealth, it would be a bonus. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: dserrano5 on August 27, 2014, 06:31:56 AM I notice that most new users are here looking for ways to get rich off of Bitcoin. The poll results don't reflect that. TIL (not really): polls are useless :D. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: e1ghtSpace on August 27, 2014, 07:20:25 AM Both. I am interested in the concept and I also think that because of the concept, bitcoin will be worth a lot of money in 10 years.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: desticy on August 27, 2014, 07:22:29 AM I love Nakamoto
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Buo on August 27, 2014, 07:25:17 AM The concept is why I knew bitcoins but the "get rich" is why I am here :)
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: TrailingComet on August 27, 2014, 07:30:01 AM I love the elegance and high utility of the protocol. I love the idea of disintermediating the banks.
I am aware that holding btc could enrich me but in an ideal world I wouldn't have to turn my btc into fiat at all as everything I want could be procured in btc itself Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: futureazy on August 27, 2014, 07:38:32 AM Probably both, bitcoin is the future but it's also a nice way to invest my money.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: BigNewsCrews on August 27, 2014, 07:42:38 AM I notice that most new users are here looking for ways to get rich off of Bitcoin. It's like Steve Jobs and his buddies created the personal computer, took all the risk and got the company running, started making big money and now people are buying the computer and sitting in front of it waiting for it to make them rich too. Have you read the white paper? https://bitcoin.org/bitcoin.pdf Do you understand the whole point of Bitcoin and what it does for the world? Or are you just hearing about early adopters making a lot of money and you want to buy some bitcoins now so you can sell it later for more money and go back to your fiat world a richer person (though poorer in the long run for living in a fiat economy)? who cares it is bought with fiat anyways, just like gold and sliver, and they own all the stock anyways, new currency could of worked but is not because it is now tainted Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: promojo on August 27, 2014, 07:57:04 AM It really depends on the whole get rich question... Day trading btc or alts or pouring money into mining rigs... For mining you need a lot of horsepower the get rich quick days are done. As for day trading the market has been pretty stagnant minus a few dips here and there...
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: BigNewsCrews on August 27, 2014, 07:58:04 AM I have a new challenge instead of the ice bucket challenge, I challenge someone to start implementing some of my ideas across the world to make it a better place for everyone since I feel everyone I talk to in real life just thinks that I am crazy when I talk about this stuff because I am poor and do not own a suit or some fancy piece paper that shows I went to some fancy school.
1. Make all police wear cameras (this can help them in court for there cases they should want this if they are decent officers) 2. Make a system to Vote on issues instead of, voting on people to vote for you then having them be bought out by a rich evil family's 3. I know this one is hard but bitcoin has brought us much closer to it, end fiat as we know it and make a currency that is fair and secure that cannot be bought out by the fiat whales, Perhaps get the united nations on board with a new currency that everyone mines from birth using the health cards,dna,fingerprint or something and everyone gets a certain amount and biased off your own personal GDP. I have many ideas on how to make this work and not only the people but the bankers should hear it out why not make the system fair? the whole system! Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: arbitrage001 on August 27, 2014, 08:06:47 AM I notice that most new users are here looking for ways to get rich off of Bitcoin. It's like Steve Jobs and his buddies created the personal computer, took all the risk and got the company running, started making big money and now people are buying the computer and sitting in front of it waiting for it to make them rich too. Have you read the white paper? https://bitcoin.org/bitcoin.pdf Do you understand the whole point of Bitcoin and what it does for the world? Or are you just hearing about early adopters making a lot of money and you want to buy some bitcoins now so you can sell it later for more money and go back to your fiat world a richer person (though poorer in the long run for living in a fiat economy)? Incentive is the reason why people do what they do. I doubt anyone is here because they want to make the world a better place being the only reason. Being an idealist doesn't put food on the table. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: azguard on August 27, 2014, 08:16:23 AM Probably both, bitcoin is the future but it's also a nice way to invest my money. 90% of forum users are in both. Some are just for profit other are collecting it in hope that one day BTC will wort at least 100K. I personally use BTC to trade, buy and withdraw when I'm low on cash. My prime is saving and investment on some new coins. Sometimes a got some and sometimes a loose that the way it goes. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: promojo on August 27, 2014, 08:20:02 AM Probably both, bitcoin is the future but it's also a nice way to invest my money. 90% of forum users are in both. Some are just for profit other are collecting it in hope that one day BTC will wort at least 100K. I personally use BTC to trade, buy and withdraw when I'm low on cash. My prime is saving and investment on some new coins. Sometimes a got some and sometimes a loose that the way it goes. Where do you buy your BTC or altcoins from? You do direct wire transfers to the exchanges? Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: whysosweet on August 27, 2014, 08:21:34 AM Like most of the users, I'm in this forum for both the concept and to get rich (or trying to).
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: catlinhappy on August 27, 2014, 08:31:39 AM I am into BTC basically because i see it as the future of exchange of goods and services while performing its function enriches the participators.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: BIT-Sharon on August 27, 2014, 09:09:07 AM I notice that most new users are here looking for ways to get rich off of Bitcoin. It's like Steve Jobs and his buddies created the personal computer, took all the risk and got the company running, started making big money and now people are buying the computer and sitting in front of it waiting for it to make them rich too. Have you read the white paper? https://bitcoin.org/bitcoin.pdf Do you understand the whole point of Bitcoin and what it does for the world? Or are you just hearing about early adopters making a lot of money and you want to buy some bitcoins now so you can sell it later for more money and go back to your fiat world a richer person (though poorer in the long run for living in a fiat economy)? I am interested in Bitcoin because of its concept and potential value. Both are what I care, and it never make me disappointed. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: LiteCoinGuy on August 27, 2014, 09:17:28 AM i like the concept, the ideology, the tech and because of all these things, also the investment in it.
i read the whitepaper and alot of satoshis posts. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Mars not Moon on August 27, 2014, 09:52:52 AM Bitcoin is a great long term investment, if you are newbie and can't understand market variablity, then long term investments such as bitcoins are a way to go.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: oceans on August 27, 2014, 10:03:34 AM I guess in a way most people are here because of the get rich reason however the whole concept of bitcoin is what brought people here and got people interested in bitcoin in the first place. I myself like the idea of getting rich from bitcoin however I would much rather invest in bitcoin and allow it to stay stored rather than changing it back over to fiat and being all rich in a world with bad economy.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: foxkyu on August 27, 2014, 10:48:54 AM i choose both :D
i like the bitcoin concept and of course i can be rich from bitcoin most of people didn't know about bitcoin so if i know first i get the advantage Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: mustang77 on August 27, 2014, 01:38:13 PM Both of course.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: blatchcorn on August 27, 2014, 01:55:02 PM Wow. No one is here just to get rich :D
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: blacksails on August 27, 2014, 06:42:06 PM Wow. No one is here just to get rich :D No one here is willing to admit that they are here only for the money. Even though it's pretty obvious many are. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: TPN on August 27, 2014, 06:45:54 PM Let's say both.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: promojo on August 27, 2014, 06:51:15 PM I don't think there are people on here that would hide the fact that they are here only for the money... after all there are many ugly trolls in here and this is an Internet based forum. People talk a lot of SH*T - if you know what I am saying :)
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: dKingston on August 27, 2014, 07:05:42 PM I'll be honest. I'm interested in Bitcoin because I need some money,
but not to become rich that isn't the aim, I only want some money to travel and to visit the world. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: azguard on August 28, 2014, 04:39:48 AM I am into BTC basically because i see it as the future of exchange of goods and services while performing its function enriches the participators. This is true in several year i think that most of global companies also accept any crypto. And for purchase i think that will most of high ranking sites do the same in several years not just few for now. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: promojo on August 28, 2014, 04:43:00 AM i like the concept, the ideology, the tech and because of all these things, also the investment in it. i read the whitepaper and alot of satoshis posts. What Satoshi posts.. Have any links to share? Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Watoshi-Dimobuto on August 28, 2014, 05:03:23 AM At first use bitcoin because it is more convenient than paypal. Paypal can freeze your money anytime. I like the concept decentralized. But who's here don't want to be rich.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Swordsoffreedom on August 28, 2014, 05:17:07 AM Do you understand the whole point of Bitcoin and what it does for the world? Or are you just hearing about early adopters making a lot of money and you want to buy some bitcoins now so you can sell it later for more money and go back to your fiat world a richer person (though poorer in the long run for living in a fiat economy)? Both but since I noticed this was targeted more to newbies I did read the whitepaper and I loved it since it addressed financial questions of how to use the internet to transmit units of value simply efficiently and at low cost without needing to pay processing fees for the security part. Built in crytography and part of the new digital economy it resonated with me. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: bajlox on August 28, 2014, 05:18:23 AM Im here for both. I think that in near future we will go with us CRYPTO CREDIT CARD and we will pay in all day stuff.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Minerjoe on August 28, 2014, 06:32:15 AM Let us not lie to each other. We are all here to make money.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Onestopbrokers Directory on August 28, 2014, 10:48:39 AM I agree with most of the comments, offcourse for the money.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Gervais on August 28, 2014, 12:25:27 PM i like the concept, the ideology, the tech and because of all these things, also the investment in it. i read the whitepaper and alot of satoshis posts. What Satoshi posts.. Have any links to share? His posts can be found here: https://bitcointalk.org/index.php?action=profile;u=3 The Whitepaper here: https://bitcoin.org/bitcoin.pdf Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: fryarminer on August 28, 2014, 12:30:21 PM I have a new challenge instead of the ice bucket challenge, I challenge someone to start implementing some of my ideas across the world to make it a better place for everyone since I feel everyone I talk to in real life just thinks that I am crazy when I talk about this stuff because I am poor and do not own a suit or some fancy piece paper that shows I went to some fancy school. 1. Make all police wear cameras (this can help them in court for there cases they should want this if they are decent officers) 2. Make a system to Vote on issues instead of, voting on people to vote for you then having them be bought out by a rich evil family's 3. I know this one is hard but bitcoin has brought us much closer to it, end fiat as we know it and make a currency that is fair and secure that cannot be bought out by the fiat whales, Perhaps get the united nations on board with a new currency that everyone mines from birth using the health cards,dna,fingerprint or something and everyone gets a certain amount and biased off your own personal GDP. I have many ideas on how to make this work and not only the people but the bankers should hear it out why not make the system fair? the whole system! 3 would never work, as long as there is greed and vice in humans. Even if you tried to do this, it would just slow down the natural course of events. If you have any reason to disagree, just look at the insanity of difficulty and hash rate vs value of BTC. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: desired_username on August 28, 2014, 12:45:56 PM If by money you mean BTC then both. ::)
I think poorer bitcoiners are more likely to focus on fiat profits though. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: MightyBTC on August 28, 2014, 07:22:21 PM I notice that most new users are here looking for ways to get rich off of Bitcoin. It's like Steve Jobs and his buddies created the personal computer, took all the risk and got the company running, started making big money and now people are buying the computer and sitting in front of it waiting for it to make them rich too. The interesting thing for me to get involved in bitcoin is,firstly I am a tech freak and I like to follow up ongoing and upcoming technology.There is no point of following bitcoin as in the trend now unless you spend some real shit on it.Secondly the core concept of bitcoin is so addictive and Have you read the white paper? https://bitcoin.org/bitcoin.pdf Do you understand the whole point of Bitcoin and what it does for the world? Or are you just hearing about early adopters making a lot of money and you want to buy some bitcoins now so you can sell it later for more money and go back to your fiat world a richer person (though poorer in the long run for living in a fiat economy)? un-resistible,we could adopt it for our own good developing a whole new thing to mend the way we handle payments for the own good of our society and people. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: ebliever on August 28, 2014, 08:19:35 PM I have a new challenge instead of the ice bucket challenge, I challenge someone to start implementing some of my ideas across the world to make it a better place for everyone since I feel everyone I talk to in real life just thinks that I am crazy when I talk about this stuff because I am poor and do not own a suit or some fancy piece paper that shows I went to some fancy school. 1. Make all police wear cameras (this can help them in court for there cases they should want this if they are decent officers) 2. Make a system to Vote on issues instead of, voting on people to vote for you then having them be bought out by a rich evil family's 3. I know this one is hard but bitcoin has brought us much closer to it, end fiat as we know it and make a currency that is fair and secure that cannot be bought out by the fiat whales, Perhaps get the united nations on board with a new currency that everyone mines from birth using the health cards,dna,fingerprint or something and everyone gets a certain amount and biased off your own personal GDP. I have many ideas on how to make this work and not only the people but the bankers should hear it out why not make the system fair? the whole system! #1 is actually problematic, as nice as it sounds as a solution to accusations of police misconduct. For example, presumably the whole point of making them wear cameras would be so the public would have unfettered access to the recordings. But how comfortable would you be with the idea of police cameras always running when they respond to a domestic disturbance call (or a reported burglary, etc.) and are walking around inside a private residence, for example? That would create a huge invasion of privacy issue for a lot of people. (That said, I do support measured improvements in mandating police cameras in many cases, so long as we think it through well.) #2 was rightly denounced as "mob rule" and universally rejected by the American founding fathers. The mob is fickle, overbearing and inconsistent and letting it make policy decisions would be a bloody disaster (literally). As Benjamin Martin put it in the movie The Patriot, "Why should I trade one tyrant 3,000 miles away for 3,000 tyrants one mile away?" #3 here you suggest everyone be given money for just existing. Bad idea. Quite apart from all the corruption issues with the government in charge of handing out identity cards and so forth*, you would kill the link between working hard (and taking risks) and being rewarded for it. This basic principle for a healthy economy is already under ferocious attack by socialists the world over, and the results are apparent in the stagnating economy. *For example, just as the dead often vote in some places, you'd find fake "baby booms" of fraudulent births recorded to generate illicit income, and dissenters to the government would be threatened with loss of income by withholding identity papers and so forth. My four children were all born outside of institutionalized medicine, thanks to some very courageous midwives, and we had enough hassles getting birth certificates and so forth as it was. Though I think our county clerk's office has seen enough of us now that #5 would be less of an issue. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: vqp on August 28, 2014, 10:08:04 PM I support bitcoin because of the efficiency it will generate. As income will be easy to hide, the states will have to adapt their complex tax codes to simpler ones based on assets. All contract law specialists, record keeping monkeys, asset ownership procedures and the like will be wiped out and their functions re-written. You wil not need stock, forex, bonds brokers firms. States will not be able to dictate what you can buy or if you want to gamble.
I want to be right. And rich Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: cozk on August 28, 2014, 10:41:55 PM ;D
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: klovishey on August 28, 2014, 10:45:37 PM When I started I was very interested how Bitcoin really work, figuring how to use secure paper wallets was fun, now I mostly accumulating the coins, and yes I thinking once in week or so I have x coins which mean x USD at current exchange rates, just like the gold bars I have. And yes, I wish both the Bitcoin and gold price to be higher, I believe it is normal human behaviour :)
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Moneyunmaker on August 28, 2014, 11:53:00 PM EVERYONE wants to get rich, unless you are a special person. That doesnt mean you arent interesting in the revolutionary tech.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: azguard on August 29, 2014, 05:15:04 AM I support bitcoin because of the efficiency it will generate. As income will be easy to hide, the states will have to adapt their complex tax codes to simpler ones based on assets. All contract law specialists, record keeping monkeys, asset ownership procedures and the like will be wiped out and their functions re-written. You wil not need stock, forex, bonds brokers firms. States will not be able to dictate what you can buy or if you want to gamble. I want to be right. And rich Good for taxes yes. Easy to use and easy to hide. EVERYONE wants to get rich, unless you are a special person. That doesnt mean you arent interesting in the revolutionary tech. Yea everyone but here they want very fast. I look this ass future way of paying so i collect ass much ass I can some i spend some invest and some just keeping and hopping like all here to BTC goes sky high. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Timetwister on September 02, 2014, 02:39:37 PM Both, but mainly because of the concept. If Bitcoin was used by everyone, it would create so much prosperity (because of the enormous advantages over fiat), that even non holders would be much richer.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: promojo on September 02, 2014, 03:21:03 PM What about businesses and online retailers though? What do you think their thoughts are? More so new customer traction due to bitcoin? hoarding coins? to gain more profit for product sales?
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Timetwister on September 03, 2014, 09:38:10 AM What about businesses and online retailers though? What do you think their thoughts are? More so new customer traction due to bitcoin? hoarding coins? to gain more profit for product sales? What do you mean? For businesses bitcoins are fantastic, as they can't get scammed and they don't have to pay any fees for accepting them. They don't lose anything for offering customers to pay with them. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: blatchcorn on September 03, 2014, 10:10:05 AM What about businesses and online retailers though? What do you think their thoughts are? More so new customer traction due to bitcoin? hoarding coins? to gain more profit for product sales? What do you mean? For businesses bitcoins are fantastic, as they can't get scammed and they don't have to pay any fees for accepting them. They don't lose anything for offering customers to pay with them. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: bornil267645 on September 03, 2014, 10:11:45 AM The idea of anonymity was the one that attracted me. 8) 8)
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Winner on September 03, 2014, 10:15:15 AM I'm just going to hold my bitcoin until it reaches $1m.
Then I could retire on my own Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: bajlox on September 03, 2014, 10:32:06 AM I'm just going to hold my bitcoin until it reaches $1m. Then I could retire on my own Good luck i will retire when i gather 30 btc im off then. But i will take some time Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Timetwister on September 03, 2014, 10:40:41 AM What about businesses and online retailers though? What do you think their thoughts are? More so new customer traction due to bitcoin? hoarding coins? to gain more profit for product sales? What do you mean? For businesses bitcoins are fantastic, as they can't get scammed and they don't have to pay any fees for accepting them. They don't lose anything for offering customers to pay with them. What's wrong with that? That's also very good for the currency, we need it to be known so more people start looking for more information about it. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: richardramirez9 on September 03, 2014, 04:32:15 PM Bitcoin is superior to FIAT for infinite reasons, that doesnt change people want to be rich and live dat lifestyle.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Kickstart4 on September 03, 2014, 07:15:45 PM I like the concept that's why I do transactions in BTC. I am a short term investor and miner too :)
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: beetcoin on September 03, 2014, 07:18:56 PM if we are to be realistic here, most people on this forum are probably not wealthy.. so they are hoping bitcoin will get them some more money. forgot where i saw it, but i read an article mentioning how 7 or 8 out of 10 bitcoin articles are usually about price. let's not lie to ourselves here; the bitcoin community is not better than any other financial institution. those that value bitcoin's development over its price are probably a vast minority.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Jay Gatsby on September 03, 2014, 11:01:55 PM Both. This is the most interesting thing I've ever came across. Everyday I'm intrigued.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Victoo on September 04, 2014, 02:58:05 AM At first, I was interested in Bitcoin because thought maybe someday it would make me rich but as I started to know about it more I am liking the concept of decentralised cryptocurrencies very much.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: BitcoinZombie on September 04, 2014, 03:27:05 AM to get rich absolutely everybody want it,
but with bitcoin with cryptocurrency we just begin new era of e-currency with large network inside. ::) Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: btwbtc on September 04, 2014, 05:59:21 AM to get rich absolutely everybody want it, but with bitcoin with cryptocurrency we just begin new era of e-currency with large network inside. ::) Ive been reading a lot lately and Im still a bit hesitant about entering the serious business of bitcoin Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: KuromaYoichi on September 04, 2014, 06:12:57 AM i like the concept
but i regret because i didnt care about this at first :( Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: UnitedColors on September 04, 2014, 06:16:25 AM I know Bitcoin not gonna make me rich, i happen to be pretty bad at trading and stuff. Or it's just my "luck".
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: gelar24 on September 04, 2014, 06:55:14 AM I am very interested, because bitcoin can quickly make a person rich if he is diligent and smart look for it, because they can just sit there like a rich office workers alone: D
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: bryant.coleman on September 04, 2014, 06:59:10 AM Both. And I believe that 99% of the guys here are like me.
Initially I was attracted to Bitcoin and other forms of crypto, because of my hatred towards exploitative companies such as Paypal, Visa, Master, Western Union.etc and towards the bankers. Initially I had bought Bitcoins for just $10 apiece. Gave me handsome returns, although I never expected it. My only disappointment is that I didn't bought a lot of them in the fist place. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: QuestionAuthority on September 04, 2014, 07:53:51 AM I started using it for tax evasion and drugs so I guess you could say I'm here for the concept. jk
The word rich has different meanings to different people. Some people think it means enough money to never work again - early retirement (that's where I am now). Others want to be able to jet around the world spending thousands of dollars a day and buy anything they want without worrying about the price. I don't think it will be possible for Bitcoin to make any of even the early adopters rich like Paris Hilton in their lifetimes. Oh sure, the founders of Bitcoin are rich if the market grows from it's current like 6 billion cap to maybe a 6 trillion cap. Then they might be able to do one of two things - jet set around the world spending Bitcoin everywhere they go or cash out enough Bitcoin to jet set around the world without crashing the price back to a penny. That's not going to happen over night, or this year, or this decade. If the early adopters are very lucky and Bitcoin survives they might see it happen in their lifetime. I'm beginning to think there are no practical people using Bitcoin at all. Everyone always parrots that Bitcoin went over $1,000 and can do it again. Yeah, ok let's all sell the minute it reaches $1,200 again. Oops, that's what caused it to not be over a thousand anymore. Bitcoin needs slow exponential growth in the number of people using it as cash before it's going to have a stable steady growth in price and a large enough cap to be able to allow early adopters to cash out. Don't get me wrong. I'm very pleased that there are hippies in Finland buying waffles at a restaurant with Bitcoin. I'm glad you can buy a Lamborghini with Bitcoin. Everything that's happened so far is great but we need people paying their everyday bills directly in Bitcoin. I want to go to Safeway and buy my groceries with it. I want my local power company to let me pay them directly in Bitcoin. When I get a parking ticket I want to pay it online with Bitcoin. When that happens early adopters can start spending their coin directly and be rich. If you're 15-25 years old and just coming to Bitcoin because you want to be rich you're outa luck. It ain't gonna happen for you unless you run out and buy 10,000 of them and wait out the years of growth. If you hate the strangle hold that governments have over the finances of their subjects and want to watch that grip slowly erode away as the decades pass. Welcome, you've come to the right place. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: azguard on September 04, 2014, 08:46:57 AM I started using it for tax evasion and drugs so I guess you could say I'm here for the concept. jk The word rich has different meanings to different people. Some people think it means enough money to never work again - early retirement (that's where I am now). Others want to be able to jet around the world spending thousands of dollars a day and buy anything they want without worrying about the price. I don't think it will be possible for Bitcoin to make any of even the early adopters rich like Paris Hilton in their lifetimes. Oh sure, the founders of Bitcoin are rich if the market grows from it's current like 6 billion cap to maybe a 6 trillion cap. Then they might be able to do one of two things - jet set around the world spending Bitcoin everywhere they go or cash out enough Bitcoin to jet set around the world without crashing the price back to a penny. That's not going to happen over night, or this year, or this decade. If the early adopters are very lucky and Bitcoin survives they might see it happen in their lifetime. I'm beginning to think there are no practical people using Bitcoin at all. Everyone always parrots that Bitcoin went over $1,000 and can do it again. Yeah, ok let's all sell the minute it reaches $1,200 again. Oops, that's what caused it to not be over a thousand anymore. Bitcoin needs slow exponential growth in the number of people using it as cash before it's going to have a stable steady growth in price and a large enough cap to be able to allow early adopters to cash out. Don't get me wrong. I'm very pleased that there are hippies in Finland buying waffles at a restaurant with Bitcoin. I'm glad you can buy a Lamborghini with Bitcoin. Everything that's happened so far is great but we need people paying their everyday bills directly in Bitcoin. I want to go to Safeway and buy my groceries with it. I want my local power company to let me pay them directly in Bitcoin. When I get a parking ticket I want to pay it online with Bitcoin. When that happens early adopters can start spending their coin directly and be rich. If you're 15-25 years old and just coming to Bitcoin because you want to be rich you're outa luck. It ain't gonna happen for you unless you run out and buy 10,000 of them and wait out the years of growth. If you hate the strangle hold that governments have over the finances of their subjects and want to watch that grip slowly erode away as the decades pass. Welcome, you've come to the right place. Well said. Agree on all that you said especially last thing get rich quick. That is not gonna happen for newcomers any time soon. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: zedicus on September 04, 2014, 09:36:26 AM I'm surprised by the results. I was expecting the 'to get rich' option to be out in front. Maybe people are being too modest? :P If you look around on this forum, it is mostly about wealth creation (speculation, alts etc) so I would assume that most people are in btc to get rich imo.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Timetwister on September 04, 2014, 10:09:15 AM If you're 15-25 years old and just coming to Bitcoin because you want to be rich you're outa luck. It ain't gonna happen for you unless you run out and buy 10,000 of them and wait out the years of growth. If you hate the strangle hold that governments have over the finances of their subjects and want to watch that grip slowly erode away as the decades pass. Welcome, you've come to the right place. Being able to buy 10 000 already means being rich. At least in the first sense of not having to work. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: ObscureBean on September 04, 2014, 10:11:14 AM I like the concept and the real world implications, regular payment processors are so restrictive. It's too late to try and get rich from Bitcoin. Sure it could go up to $10k in 10 years but you would still need to invest a considerable amount of money right now and wait. The guys who got into Bitcoin in 2009-2010 are the only ones who truly made a lot money without risking anything. I'm still kicking myself in that regard :D I love reading news online while at work and Bitcoin popped up a few times in 2010 but I never even bothered reading about it :'(
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: CliveK on September 04, 2014, 10:30:07 AM I think the concept is revolutionary in that it is pretty disruptive to a good few industries.
I like the idea of a public ledger, and would love to see triple entry accounting implemented in governments that should answer to the tax payers who employs government to run the country. Perhaps sometimes they forget they are publicly elected officials. A more open banking industry would really instill more confidence. From a banking industry point of view, I will never forget the now famous quote from Thomas Jefferson, and I am not an American:"I believe that banking institutions are more dangerous to our liberties than standing armies." Bitcoin has taken the concept of crytocurrency to new heights, and wonder what is next. From a money point of view, I doubt I will make money from this, mining has moved from my PC mining while I am not using it to Datacentres running of hyrdo electric power in cold climates on new ASIC hardware, pretty hard to compete with my Rockminer unless I buy 1000 of them and pray for a miracle. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: OperationMortar on September 04, 2014, 12:34:43 PM Are you interested in Bitcoin because of the concept or to get rich? To get rich. Yes i am doing it to get rich. The chance of becoming a rich guy is what keeps economy going. Doesn't anybody understand that? Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: QuestionAuthority on September 04, 2014, 01:33:00 PM If you're 15-25 years old and just coming to Bitcoin because you want to be rich you're outa luck. It ain't gonna happen for you unless you run out and buy 10,000 of them and wait out the years of growth. If you hate the strangle hold that governments have over the finances of their subjects and want to watch that grip slowly erode away as the decades pass. Welcome, you've come to the right place. Being able to buy 10 000 already means being rich. At least in the first sense of not having to work. Yeah, that's the point. If you came here rich then you will still be rich when you live on Bitcoin instead of govt. currency. As Elwar said, if you're broke and came here to sit in front of an Apple computer and wait till your rich you're going to be disappointed. Unfortunately, Elwar revealed in his post that too many people came here to be rich. Sure some came for both reasons but rich shouldn't even be one of them. He refers you to the white paper so you can read what Bitcoin is about. Nowhere in the designers original proposal does he say this system was created to make poor people rich. If your a Tony Gallippi and create something out of thin air that uses Bitcoin and get rich, good for you. You deserve to be rich because you are an entrepreneur and would also be rich in the fiat world. Hard work, intelligence, creativity, good luck and perseverance created that fortune, not Bitcoin. If you have an activity over 14 and haven't read the white paper at least once do it now. Quote Bitcoin: A Peer-to-Peer Electronic Cash System Satoshi Nakamoto satoshin@gmx.com www.bitcoin.org Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone. 1. Introduction Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model. Completely non-reversible transactions are not really possible, since financial institutions cannot avoid mediating disputes. The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions, and there is a broader cost in the loss of ability to make non-reversible payments for non- reversible services. With the possibility of reversal, the need for trust spreads. Merchants must be wary of their customers, hassling them for more information than they would otherwise need. A certain percentage of fraud is accepted as unavoidable. These costs and payment uncertainties can be avoided in person by using physical currency, but no mechanism exists to make payments over a communications channel without a trusted party Edit: Elwar you left out a question for what I think is another big reason to be here. Did you come here to build up trust in the community and implement a plan to steal money from gullible suckers? Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: djangocoin on September 04, 2014, 02:25:30 PM I just this the tech is fascinating.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: OperationMortar on September 04, 2014, 04:03:58 PM Fucking both ;D Seems that you like concepts which can make you a rich one lolTitle: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Wealthy on September 04, 2014, 04:23:42 PM I would say both.But as of now until invest some big money it's hard to make money.Bitcoin is a revolutionary technology that could be used to challenge the financial hypocrites and their monarch around our world.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: 2double0 on September 04, 2014, 04:26:10 PM Both but as of now im starting to research the concept a bit more! seems interesting
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: ariyaromadhona on September 04, 2014, 05:27:31 PM i Like the concept of Bitcoin and yes , i want to get more income from it :D
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: MoonTime on September 04, 2014, 07:33:56 PM I like the concept that's why I am with BTC...but I wonder who's here to get rich.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: promojo on September 04, 2014, 08:46:54 PM I like the concept that's why I am with BTC...but I wonder who's here to get rich. It might be too late to consider getting rich unless you are buying straight up BTC. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Meuh6879 on September 04, 2014, 11:31:17 PM Tomorrow, my gov can legaly take money from my bank account (since december 2013).
Bitcoin is a choice ... or a "isolate" think to avoid this type of law. Yes, it's a law. When someone (that it isn't identified) can steal money from a securised vault ... you MUST find an other way. I have search about gold ... but it's to heavy and HELL no garanties to exchange when problems reases. With bitcoin, i can keep my like economies in a USB key. That is the futur rich way ... But, i see an other explaination for rich people = AVOID INFLATION. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: jaberwock on September 05, 2014, 02:05:37 AM Not exactly.
To rise money, yes. But I know it is unlikely another moon mission, so I will need to invest somewhere else to reach the rich part. Bitcoin opens a whole new world of opportunities to make money, and it awesome. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: hosting-guru on September 05, 2014, 04:17:12 AM This is indeed very interesting poll! I am sure many people who joined the community late 2013 or early this year at first were interested in Bitcoin because of the sudden value appreciation. However I want to believe most of them have now also learned to appreciate the concept and opportunities the digital currency can offer for the world!
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: frankenmint on September 05, 2014, 04:24:22 AM you forgot one: Introduce my next alt-coin to siphon more of your btc
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: MaryKris on September 05, 2014, 05:33:11 AM Maybe not get rich but get money outta it. I think everyone here is.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Envrin on September 05, 2014, 08:00:41 AM It just kind of "happened" for me. One of my long-term clients got interested in bitcoin, and asked if I'd now be willing to accept bitcoin as payment instead. I checked it out, seen it was easy enough to switch over to fiat so I said, "sure, sounds good". Now 100% of all incoming funds are bitcoin, and I couldn't possibly imagine going back to the days of PayPal, wire transfers, merchant accounts with bank rules, regulations, limitations, etc. Just thinking about all that pisses me off. :) Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: altcoinlady on September 07, 2014, 12:29:53 PM Not to get rich... Maybe to get some extra money from this hobby.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: btcpokerface on September 07, 2014, 12:34:47 PM Getting rich is almost impossible for the late adopters like me, I'm interested in bitcoin because of the concept.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: panju1 on September 07, 2014, 03:17:35 PM The concept is what helped me find out about bitcoin. Now I wouldn't mind profiting from it as well. :)
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Bitbirdhunt on September 07, 2014, 05:50:40 PM Both. I am interested in the concept and I also think that because of the concept, bitcoin will be worth a lot of money in 10 years.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: rabbiter on September 07, 2014, 06:59:28 PM It would be misleading to say both cause it assumes yeah I think it's a great concepts and believe in what it's trying to achieve and also I am investing cause I think it will make money.
While this is true the two are connected. Just for example sake I could invest in some exotic financial product that traded on the Federal reserves ability to print money or maybe the likelyhood of war say I wouldn't want to invest in it even though I know it might give a good return. I think there are some here that think of you want to make money then you would sell your granny for money like it's an immoral proposition. That's why you have all these alt coins that I refuse to invest in on principle even though I know they are good for a quick profit. I only invest in about 5 alts on top of Bitcoin, only ones which prove they exist to help the system and not to enrich themselves only. I look at developers like Qora and BC Next as people who genuinely are interested in the principles behind crypto currencies and are passionate about the technology. But be clear I'm only interested in 2nd gen coins cause I want a system that doesn't rely on exchanges, and can hold other forms of wealth like Gold and 'some fiat' convertability if needed later. Otherwise I'm 100% behind Bitcoin cause we have to stick as a community with one coin otherwise the mainstream will laugh at us and never take crypto seriously. Honestly I think most on this forum have developed a 'can't beat them join them' attitude where they have thrown in their ideological towels and are following the scumbags that are trying to make a buck and want nothing more than a fist full of green fiat. Well I hope they do and I hope that fiat dissolves in their hands someday soon. It sickens me I have to argue with these people on here daily with their lies and pumped up bullshit spewing from their dishonest mouths. I hate the hype where they tell themselves on threads how once this all goes mainstream their shitcoin is going to make them rich. Collective fantasy and greed hoping somehow by expressing it enough it becomes real. Fuck em. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: validium on September 07, 2014, 07:25:35 PM I'd have to say both the concept is comes first for me. I have never been able to move money this easy in my entire life ;)
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: altcoinlady on September 08, 2014, 03:26:25 AM I'd have to say both the concept is comes first for me. I have never been able to move money this easy in my entire life ;) Up until now, how long are you in this kind of "hobby" Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: littlewizard on September 08, 2014, 07:29:40 AM For me, I like both of them, i like new things and in the mean time, I hope bitcoin can be a major payment system
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: jubalix on September 08, 2014, 07:37:12 AM these are the same question.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: kittycatbtc on September 08, 2014, 02:02:04 PM If you are interested in Bitcoin and invest you get rich as a side effect.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: DaveSaldana123 on September 08, 2014, 02:06:53 PM I just want a piece of bitcoin action. Well, if I will get rich in doing so, then thats just my bonus. I do not own a big amount of btc but I love playing with it.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Peegasus on September 12, 2014, 12:48:35 PM I am very interested in e currency. Every aspect of it.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: GreatCoinBearer on September 12, 2014, 01:52:59 PM Who doesnt want to get rich?
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: twister on September 12, 2014, 02:35:44 PM I like Bitcoin because its cool lol. I also like how easy it is to send and receive bitcoin without going through hassles of the bank. I don't think I'll get rich from it, so far I haven't even seen the life on the other side of the decimal :D
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: chaosknight on September 12, 2014, 02:43:07 PM I dont get how bitcoin give the concept of getting rich...
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: inBitweTrust on September 12, 2014, 02:48:38 PM Capitalism and profit aren't evil and a nice consequence to us recognizing a superior framework.... but I wouldn't feel any regret for supporting the cause and investing my money, labor , and time into Bitcoin even if Bitcoin crashed.
Bitcoin represents an ideal far more important than profit. I have no faith in Bitcoin; I trust the principles and framework that it embodies. This is something no banker and regulator can corrupt or take away and if they try me and my friends will simply fork the blockchain. These agorist and open source principles are ideals to live by regardless of which label they fall under. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: ChuckBuck on September 12, 2014, 02:50:02 PM I dont get how bitcoin give the concept of getting rich... Easy concept. See December of 2013 for an example of how people might get into Bitcoin to get rich: https://i.imgur.com/kcD8E3f.png Anybody that mined or bought BTC before that spike and held all their Bitcoin are now for the most part rich. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: azguard on September 15, 2014, 04:53:58 AM I dont get how bitcoin give the concept of getting rich... Easy concept. See December of 2013 for an example of how people might get into Bitcoin to get rich: https://i.imgur.com/kcD8E3f.png Anybody that mined or bought BTC before that spike and held all their Bitcoin are now for the most part rich. yes but if u wait for this to happen u might need to wait more cuz this can happen now or in several years Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: psudoBTC on September 15, 2014, 05:16:52 AM I dont get how bitcoin give the concept of getting rich... Easy concept. See December of 2013 for an example of how people might get into Bitcoin to get rich: https://i.imgur.com/kcD8E3f.png Anybody that mined or bought BTC before that spike and held all their Bitcoin are now for the most part rich. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: ChuckBuck on September 15, 2014, 02:06:31 PM I dont get how bitcoin give the concept of getting rich... Easy concept. See December of 2013 for an example of how people might get into Bitcoin to get rich: Anybody that mined or bought BTC before that spike and held all their Bitcoin are now for the most part rich. Anybody that mined in the CPU and GPU days that held onto their coin are now "rich", nevermind the BFL ASIC days. Of course, the ones that mined on CPU/GPU then pre-ordered Butterfly Labs are kicking themselves. The ones that mined on CPU/GPU then ordered the 1st generation of Avalon and KNC mining equipment most likely profited. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: wesk1212 on September 15, 2014, 03:49:26 PM This is such a great post.
I don't expect ppl here to understand the bitcoin protocol, but at least what bitcoin really means to humanity and modern society. But all these lame ppl just buy and wait expecting something to happen. wonder how far you guys can get. anyways such a great post +1 Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: valein1 on September 15, 2014, 04:07:57 PM How to get rich. http://www.youtube.com/watch?v=cZQCkjVKy_I ;)
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Rayban34 on September 15, 2014, 08:56:57 PM The corruption of banks and the wealthy has reached the tipping point and now that I have bitcoin I no longer use other currencies on the internet. I for one am not going back. Took the words right out of my mouth. Well said.Exactly same Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: jdany on September 15, 2014, 09:25:07 PM Credit cards just do not work in the internet/digital age.
If there were no BTC, something centralized would fill that void. I'm an advocate for BTC because the marketplace will be better off if it wins. There's still a long road ahead - and a lot left to prove. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Skavenger on September 15, 2014, 10:10:44 PM everyone want to get rich, thats what life is about :'(
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: QuestionAuthority on September 16, 2014, 12:22:26 AM everyone want to get rich, thats what life is about :'( I guess I've been doing it wrong. I thought life was about loving the people that mean the most to you, seeking pleasure and avoiding pain. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: llanillo on September 16, 2014, 12:25:13 AM No to be rich.. a bit extra of money to buy more steam games
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: fudge on September 16, 2014, 12:26:53 AM bitcoin trend is not so good now unfortunately....
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: QuestionAuthority on September 16, 2014, 01:43:36 AM bitcoin trend is not so good now unfortunately.... Well not if your plan is to get rich quick. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: joesmoe2012 on September 16, 2014, 01:49:34 AM I'm more interested in the concept/community part of it than anything else. Bitcoin has brought together an amazingly diverse mixture of people from all over the world in a way seldom seen before.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Gambiteesee on September 29, 2014, 10:25:16 AM Of course I am. :)
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Rampton on September 29, 2014, 11:05:17 AM It was the concept and the technology that drew me to it, but I also see the potential in it as an investment, so would like to see it grow in that respect.
Of course I am. :) Of course you are what? There's two options, but I'm going to guess it's the latter for you. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: shogdite on September 29, 2014, 11:16:58 AM More the concept than getting rich, though I wouldn't complain if I manage to make a few extra satoshis :)
People who are just holding btc to cash out at a later date will feel the most pain financially. Fiat is dead. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Rampton on September 29, 2014, 11:18:53 AM More the concept than getting rich, though I wouldn't complain if I manage to make a few extra satoshis :) People who are just holding btc to cash out at a later date will feel the most pain financially. Fiat is dead. Maybe they don't want to just cash out? I'd like to hold my coins not to cash out to fiat but so I can actually buy things with it or pay my bills in it etc. I'd really like to be able to just live off btc as opposed to fiat. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: evok3d on September 29, 2014, 11:25:05 AM lol +1 The money aspect of Bitcoin is only a marginal aspect of the whole frame. We are already seeing its sidechain applications being explored and this is only the beginning. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Ruthful on September 29, 2014, 11:47:05 AM Purely the concept the tech behind it and the potential it entices.
Although I do find the speculation and drama about the price fluctuation to be quite amusing(sure beats soap opera aka The WWE ;D ), not that I'm going to participate in trading aspect of it. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: shogdite on September 29, 2014, 11:59:25 AM More the concept than getting rich, though I wouldn't complain if I manage to make a few extra satoshis :) People who are just holding btc to cash out at a later date will feel the most pain financially. Fiat is dead. Maybe they don't want to just cash out? I'd like to hold my coins not to cash out to fiat but so I can actually buy things with it or pay my bills in it etc. I'd really like to be able to just live off btc as opposed to fiat. That's pretty much what I hope for in the future, a fiat free life would be immense but I we've got a long way to go yet before that day comes. Soon as you can pay for food:utilities:insurance etc in btc, I'll be saying buh byeee to fiat for good. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: xmasdobo on September 29, 2014, 12:30:31 PM Everyone wants to get rich unless you are some kind of insane tibetan monk, but im a nerd at heart so the technological side of Bitcoin is extremely interesting for me as well.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Rampton on September 29, 2014, 12:44:30 PM More the concept than getting rich, though I wouldn't complain if I manage to make a few extra satoshis :) People who are just holding btc to cash out at a later date will feel the most pain financially. Fiat is dead. Maybe they don't want to just cash out? I'd like to hold my coins not to cash out to fiat but so I can actually buy things with it or pay my bills in it etc. I'd really like to be able to just live off btc as opposed to fiat. That's pretty much what I hope for in the future, a fiat free life would be immense but I we've got a long way to go yet before that day comes. Soon as you can pay for food:utilities:insurance etc in btc, I'll be saying buh byeee to fiat for good. You're right, it is a long way away if ever but maybe if we hold our coins for long enough we maybe able to live off them in the future. Maybe 100 coins would be enough to live comfortably for the rest of your life if it hits the mainstream and the price shoots up because of it. That's why I want to get my hands on as many coins as I can now just in case :D. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: 1Referee on September 29, 2014, 02:03:42 PM I'm in Bitcoin because of the fact that I own my money and I can use it the way I want.
And also that I don't need to explain to my bank for what reason I want to withdraw a few thousand euros. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: arbitrage001 on September 29, 2014, 02:08:39 PM Owning bitcoin is no longer a path to great wealth. People who buy now may find a quick path to poverty.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Clegg on September 29, 2014, 02:12:44 PM Owning bitcoin is no longer a path to great wealth. People who buy now may find a quick path to poverty. How can you be certain. Only time will tell, but if bitcoin reaches it's potential I think people who even buy in now could possibly become very wealthy. If bitcoin gains full mainstream adoption it is very likely. The question is if and when will that happen? Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: sifter on September 29, 2014, 02:13:37 PM why not both?
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: BADecker on September 29, 2014, 02:58:39 PM If "concept" means the programming and the idea, then no. If it means being able to bypass the banks, then yes. As far as rich, you really have to want to get rich to be able to do it. I am not that forceful in my desire to be rich. There are disadvantages to being rich.
:) Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: bajlox on September 30, 2014, 06:23:47 AM why not both? I dont see why not. We all work and do something with BTC or any altcoin. So we can invest and make money in same time. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: azguard on September 30, 2014, 06:25:59 AM I dont want to get rich that much i want to retire when i have 100 BTC.
What will be price in several years if i manage to collect them off course I dont care. All I want is to get to magic number 100. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: CripLib on September 30, 2014, 06:38:19 AM I notice that most new users are here looking for ways to get rich off of Bitcoin. It's like Steve Jobs and his buddies created the personal computer, took all the risk and got the company running, started making big money and now people are buying the computer and sitting in front of it waiting for it to make them rich too. Have you read the white paper? https://bitcoin.org/bitcoin.pdf Do you understand the whole point of Bitcoin and what it does for the world? Or are you just hearing about early adopters making a lot of money and you want to buy some bitcoins now so you can sell it later for more money and go back to your fiat world a richer person (though poorer in the long run for living in a fiat economy)? Bitcoin is HUGE. It brings a whole new paradigm that is changing the world. I compare Bitcoin's invention to Gutenberg's press invention: both bringing power (knowledge or economics) back to the people. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: zetaray on September 30, 2014, 07:39:50 AM As prices are coming down, it is a real test of our belief. Only true believers are buying. I believe bitcoin is going to play a major role in global payments in the future. We are still in early stages, it needs our support.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Neotox on September 30, 2014, 07:59:44 AM i love bitcoin bcoz of its concept
and i believe that it is evolution on payment system it has bright future want to make money with this bcoz i believe this :D Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: azguard on September 30, 2014, 10:27:03 AM i love bitcoin bcoz of its concept and i believe that it is evolution on payment system it has bright future want to make money with this bcoz i believe this :D yes it is good concept. Payment will be future "seen in tv show almost human" when they have bitcoin transaction. Money is always good was it on paper or crypto so why not get booth. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: King Agamemnon on October 08, 2014, 01:58:18 AM Not the concept of being rich.. Maybe the concept of making money easy.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: bajlox on October 09, 2014, 05:18:06 AM Not the concept of being rich.. Maybe the concept of making money easy. Nothing is easy with btc. If you mine you need starting capital for miners. If you work you will earn your money. If you invest you need to have capital. For everything you need something. Only for sig camp you dont need capital. So this is perfect way for bigger forum members (meaning senior hero and legendary) Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: philiveyjr on October 09, 2014, 05:48:04 AM Both..!! but im mainly into BTC to get rich.!! i gamble n do sports betting.!! those r really comfortable with BTC...!
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: jacktheking on October 09, 2014, 05:51:19 AM I started using Bitcoin because it is said to be anonymous - we dont need to have paypal or sign whatsoever.. However, after sometime, I use Bitcoin mainly for investment.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: LibertyRemains on October 09, 2014, 05:58:42 AM It seems like Way too many people got into BTC to "get rich quick." There are so many threads I've seen where people treat Bitcoin as if it is some magical currency that grows interest upon itself and can be "doubled" easily. And the fact that there are so many ridiculously obvious Ponzi schemes operating promising people 500% interest, and they believe it, does not help probably.
I understand the technology behind it and know that it is possible to change the world for the better in so many ways with it. I think this is why I am not necessarily worried about the 'low' prices lately. The technology itself is very valuable; this is still a Very young currency/commodity, large governments are still in the air about it, and these things will take time for people to relax and to stable out price-wise. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: johncarpe64 on October 09, 2014, 06:48:41 AM i believe in the idea i think it can help people
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: DinaErfan on October 09, 2014, 07:15:29 AM Hello ,
I m really intersted in both because of the concept of trading which i like to know more about it if possible and to gain money of course. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: djokica on October 09, 2014, 07:23:03 AM i dont work in still in high school.
so this is work for me and i intend to have some cash for summer. I hoppe. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: unpure on October 09, 2014, 08:09:16 AM Mainly trying to get rich riding the wave. It seems that has back fired.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: mufa23 on October 09, 2014, 08:16:04 AM I'm here and interested for the freedom of all mankind. Free from any financial banks or laws that prevent the free man from conducting business with another man. Regardless of race, gender, religious, or political views.
A man is entitled to the sweat of his brow. Bitcoin frees us. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: sandykho47 on October 09, 2014, 08:28:25 AM I'm interested in Bitcoin because both of them
I think the concept & to get rich is very good ;D But, mostly i am a long holder and only spend a few of my bitcoin when i need it ;D Not the concept of being rich.. Maybe the concept of making money easy. It's not easy at all :( Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: TinEye on October 09, 2014, 08:40:02 AM I absolutely like the concept, but getting rich is the main motivator. I would have been equally invested even if it was just to get rich, the concept is a bonus as it makes this fun.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: mufa23 on October 09, 2014, 08:45:31 AM I absolutely like the concept, but getting rich is the main motivator. I would have been equally invested even if it was just to get rich, the concept is a bonus as it makes this fun. The thrive and fun makes it. If getting rich is the main motivator, than I suggest you HODL and come back in 10 years too brag.EDIT: and nice name Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: SecureExchange on October 09, 2014, 09:25:54 AM Why not both?
We all work and do something with BTC or any altcoin. So we can invest and make money in same time. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: crazy_rabbit on October 09, 2014, 09:28:02 AM Not the concept of being rich.. Maybe the concept of making money easy. Nothing is easy with btc. If you mine you need starting capital for miners. If you work you will earn your money. If you invest you need to have capital. For everything you need something. Only for sig camp you dont need capital. So this is perfect way for bigger forum members (meaning senior hero and legendary) Oh, how I miss 2010..... Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Nerazzura on October 09, 2014, 09:39:15 AM I notice that most new users are here looking for ways to get rich off of Bitcoin. It's like Steve Jobs and his buddies created the personal computer, took all the risk and got the company running, started making big money and now people are buying the computer and sitting in front of it waiting for it to make them rich too. both of which make me love her and love to run,Have you read the white paper? https://bitcoin.org/bitcoin.pdf Do you understand the whole point of Bitcoin and what it does for the world? Or are you just hearing about early adopters making a lot of money and you want to buy some bitcoins now so you can sell it later for more money and go back to your fiat world a richer person (though poorer in the long run for living in a fiat economy)? and moreover I feel very proud because in my town, I guess I'm just very familiar with bitcoin. others they never knew and do not want to know, and they are very loss Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: person1029 on October 09, 2014, 08:42:13 PM i dont know if the name will catch on as a currency used by everyone. sounds too technical for the common person?
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: MasterCasino on October 10, 2014, 05:24:12 AM Nooo.. I just want a hobby. :) Still, concept is good.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Bitmore on October 10, 2014, 05:38:29 AM I love the concept and believe it to be a fundamental libertarian concept as well which makes it worth believing in even if it doesn't catch on by the ignorant masses, (but I think it might), but of course making money and the fact that Bitcoin is so true to the Ayn Rand objectivest "self interest" reality, that I am so sold on the concept.
Say and think what you will about Ayn Rand, (and I do have problems with much of her ideas), but if you are not true to yourself, if you are not being honest with your self interest in the false altruism of socialism, then nothing that results will be anything other than yet another road to hell paved with good intentions. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: TinEye on October 10, 2014, 02:14:40 PM I absolutely like the concept, but getting rich is the main motivator. I would have been equally invested even if it was just to get rich, the concept is a bonus as it makes this fun. The thrive and fun makes it. If getting rich is the main motivator, than I suggest you HODL and come back in 10 years too brag.EDIT: and nice name But there is so much more to be made by looking around. If being rich was the only motivator then I may have done what you suggested, but there is much daily drama in this world :D By the statement I meant that if it was not this fun, I still would have invested, but probably not spent as much time. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: waser12 on November 03, 2014, 06:15:09 PM Because the concept is good that we can get money, both are interesting. The concept is the origin of everything. Money is a motivation and target.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: LFC_Bitcoin on November 03, 2014, 06:25:18 PM I'm here to get rich.
Hold my coins for 10-15 years & then dump 75% of them when the price gets high enough. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: schutzhund on November 03, 2014, 06:30:03 PM Well, here for both but more of it i like the concept i doubt i'm going to be rich by that so far as i did is lose.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: ikydesu on November 03, 2014, 07:11:35 PM The concept brings you to get rich (if you use it well :P)
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: HWoodrow on November 03, 2014, 07:14:41 PM I'm simply interested in Bitcoin because I can use my money without the authorization of banks or my government. I like bitcoin because you can manage your money in which way you want. And, other this, for possibility that I'll be rich in future :D
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Piston Honda on November 05, 2014, 08:29:42 PM Both. Originally when younger I wanted the money out of it, but honestly the tech always brings me back lol.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: keackh on November 07, 2014, 03:24:18 PM For the concept of course! This way to control our own money is really great.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: james martin on November 07, 2014, 03:39:35 PM Mostly people using bitcoins to become rich as it has very high rates.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Rampton on November 07, 2014, 03:53:27 PM Mostly people using bitcoins to become rich as it has very high rates. Yeh, except for the 50% of it's value it has lost over the past year. At least this got rid off all the kiddies who thought btc was a easy get rich quick scheme. I'll laugh when the price rises in the future after they've all sold there's as soon as they could recoup half their money ;D. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: azguard on November 18, 2014, 07:59:28 AM Mostly people using bitcoins to become rich as it has very high rates. Yeh, except for the 50% of it's value it has lost over the past year. At least this got rid off all the kiddies who thought btc was a easy get rich quick scheme. I'll laugh when the price rises in the future after they've all sold there's as soon as they could recoup half their money ;D. Dont worry about price 2 much. Some graphic and rumors say that price is going up in second quarter of next year, sooner then expected. Yes who panicked in price going down he lost lot, but who waited might come with few dollars or euros more. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: bajlox on November 18, 2014, 08:01:48 AM We all want to get rich on one way or another.
With Crypto you will make money yes, but you can loose it also if you are gambling or make bad call in market. For me this is good, make some more extra cash. Wait little invest and then when summer comes I collect all and enjoy. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: maddog0000 on November 18, 2014, 08:20:47 AM Concept ftw!
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Rampton on November 18, 2014, 12:29:43 PM For me bitcoin has a dual purpose. I believe in the technology and the concept and when I first heard about it it immediately reflected my political beliefs, but I also see the massive potential for profit in it. I don't wish to become rich off of bitcoin but I would like to live comfortably off it and see the possibility for that to happen in the future. I would much rather make daily purchases with bitcoin as opposed to fiat and I hope one day for mass adoption for both of the reasons stated.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: jabo38 on November 18, 2014, 01:50:05 PM Like a lot of others, the concept is fascinating. That is the most important. The idea of making some money is a pretty nice bonus too.
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: El Emperador on November 18, 2014, 02:33:40 PM Both of them.
I really liked the concept since the first time I knew Bitcoin, espacially for privacy, globality, blockchain technology, etc. But I admitted I'd like to get rich as a quite early adopter... anyway surely I don't want to return to fiat world, but if Bitcoin price rises I'd want to spend and invest my value-increased Bitcoin in the crypto world ;) Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: MiningBattalion on November 18, 2014, 02:36:40 PM To get rich lol
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: cozk on November 18, 2014, 03:08:10 PM Owning bitcoin is no longer a path to great wealth. People who buy now may find a quick path to poverty. Heard that in 2011. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: 1Referee on November 18, 2014, 03:29:06 PM Owning bitcoin is no longer a path to great wealth. People who buy now may find a quick path to poverty. Heard that in 2011. You'll hear that every year, that's a normal reaction as no one knows exactly how things will develop. We might think in early 2016 "why didn't I buy more when it was just $400 ?!" Just make sure you have them NOW :) Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: bitboy11 on November 18, 2014, 08:46:29 PM Well...I doubt I'll become rich with Bitcoin but maybe I could make a living trading it. ;D
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: LFC_Bitcoin on November 18, 2014, 08:53:58 PM Well...I doubt I'll become rich with Bitcoin but maybe I could make a living trading it. ;D It depends how much money is 'rich' to you. If you can buy 25 BTC & HODL for 10-15 years you might be able to get life changing money out of it. Maybe enough to buy a house. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: yeponlyone on November 18, 2014, 08:55:23 PM Well...I doubt I'll become rich with Bitcoin but maybe I could make a living trading it. ;D It depends how much money is 'rich' to you. If you can buy 25 BTC & HODL for 10-15 years you might be able to get life changing money out of it. Maybe enough to buy a house. It could also mean $50 in spare change, we never know. Something better than bitcoin might come along and steal all the attention if it is revolutionary. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: LFC_Bitcoin on November 18, 2014, 09:07:33 PM Well...I doubt I'll become rich with Bitcoin but maybe I could make a living trading it. ;D It depends how much money is 'rich' to you. If you can buy 25 BTC & HODL for 10-15 years you might be able to get life changing money out of it. Maybe enough to buy a house. It could also mean $50 in spare change, we never know. Something better than bitcoin might come along and steal all the attention if it is revolutionary. That's the beauty/horror of investments. Nothing good comes easy. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: Flashman on November 18, 2014, 09:35:50 PM I voted both, from knowing what a shonky, jerry rigged lashup the default financial system is. Ergo it's a hedge against that, while hoping it may go a good way to replacing it.
So, long term, I hope to get moderately well off, if it makes me insanely rich, then there's gonna be a lot of ordinary people hurting, so not exactly wishing for that. But otherwise, I can't see how one can not see how absolutely revolutionary and innovative it is, if you know the real story of money in the first place. I think if more people were educated about that, bitcoin would be a "no brainer". Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: azguard on November 19, 2014, 06:16:19 AM Yes both are good.
Quote So, long term, I hope to get moderately well off, if it makes me insanely rich, then there's gonna be a lot of ordinary people hurting, so not exactly wishing for that. I sure hope for this to happen. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: bajlox on November 19, 2014, 06:19:03 AM Well...I doubt I'll become rich with Bitcoin but maybe I could make a living trading it. ;D It depends how much money is 'rich' to you. If you can buy 25 BTC & HODL for 10-15 years you might be able to get life changing money out of it. Maybe enough to buy a house. yes but how many will wait for that long. most of people want easy and quick cash or income. but for rest i dont know, cuz you can know the price of any crypto in advance. Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: MiningBattalion on November 19, 2014, 08:40:15 AM waiting
Title: Re: Are you interested in Bitcoin because of the concept or to get rich? Post by: clarisclaris on November 19, 2014, 05:07:58 PM I love the elegance and high utility of the protocol. I love the idea of disintermediating the banks. my thoughts exactlyI am aware that holding btc could enrich me but in an ideal world I wouldn't have to turn my btc into fiat at all as everything I want could be procured in btc itself |