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Bitcoin Forum > Economy > Economics > Speculation > Why so few millionaires?
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Author Topic: Why so few millionaires?  (Read 1967 times)
proudhon
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April 10, 2013, 11:02:07 AM
 #21
Quote from: bitbit on April 10, 2013, 05:16:31 AM
Why are there so few millionaires investing in Bitcoin? Millionaires are rich because of their smart investments. If Bitcoin were such a great investment, we would expect more rich people to be attracted, right?

Bingo.  Bitcoin is too risky for serious money right now.
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
BTC Books
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April 10, 2013, 11:04:15 AM
 #22
Quote from: proudhon on April 10, 2013, 11:02:07 AM
Quote from: bitbit on April 10, 2013, 05:16:31 AM
Why are there so few millionaires investing in Bitcoin? Millionaires are rich because of their smart investments. If Bitcoin were such a great investment, we would expect more rich people to be attracted, right?

Bingo.  Bitcoin is too risky for serious money right now.

AAANNNNND the contrarian indicator pipes in.

I'm quite certain I'm not doing anywhere near as well as proudhon, either.
Dankedan: price seems low, time to sell I think...
wopwop
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April 10, 2013, 11:04:48 AM
 #23
I wonder if there have been many people being able to withdraw their real money to their bank accounts yet.. from mtgox

Wouldn't be surprised to see MtGox saying 'good bye yall' when people starting to withdraw real money en masse
ManBearPig
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April 10, 2013, 11:47:19 AM
 #24
Quote from: gmiwenht on April 10, 2013, 05:21:48 AM
Just because millionaires don't spend their day talking shit on the speculation boards doesn't mean they are not investing in Bitcoin.

This.
I tweet crypto nonsense: https://twitter.com/DunningKruger_
600watt
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April 10, 2013, 11:50:53 AM
 #25
Quote from: wopwop on April 10, 2013, 11:04:48 AM
I wonder if there have been many people being able to withdraw their real money to their bank accounts yet.. from mtgox

Wouldn't be surprised to see MtGox saying 'good bye yall' when people starting to withdraw real money en masse


buy japan air shares. there will be a lot of bitcoiners travelling to japan to try to pick up their cash...
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