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Author Topic: Why did you buy into/support blockchain technology?  (Read 87 times)
Chopper99999 (OP)
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January 16, 2018, 09:31:30 PM
 #1

Like alot of people, I bought into blockchain technology/alt coin/crypto coin around December in the hopes that I would buy into the next bitcoin and then become a billionaire within a month.
As I researched, developed my knowledge into blockchain technology, the more I began to appreciate and understand why such a technology was developed.

I work in IT for a while and I still love IT.  I don't and can't think of any other trade that I want to spend my working career in.  So technology such as blockchain excites me.  Not only on a mathematical/software side, but also the fact that it removes power and grip of ordinary working people from those that have had it for thousands of years: Governments and banks.

During my month or so time dealing and researching into crypto, I have gone through, like everyone that same emotional ride that you get from a coin returning 1000% of your earnings, to another dropping 500%.
I have learned that the crypto market is exciting, new and still in it's early stages.
If banks and Governments embraced it by what it is: a technology and not a coin.  Developed and worked with blockchain rather than try to control it, then it will be a better place all round for the world.
I don't see one bitcoin as £8k.  I see it as one bitcoin that I could buy a pizza with.  Or trade it for a car, whatever.  To me the coin has no real fiat value, because even though they can provide the same function, they are completely different ideals, rules and laws.

If this is the end (though I hgonestly don't think that cryptocoins and alt coins will die of a slow death) then so be it.  I feel that I am a more worldy person because of the knowledge and expereince I have gained during my tenure with traiding in alt and crypto coins.

So my question is as follows:  Why did you start investing into blockchain technology?
hosseinimr93
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January 16, 2018, 09:45:55 PM
 #2

Like you, I want to make money. But not in one month as you mentioned. If you want to become a billionaire in such a short time, consider that there a possibility of losing all your money too. Better to look at cryptocurrencies in long-term. It's not a gamble.

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Chopper99999 (OP)
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January 17, 2018, 11:51:13 PM
 #3

As I explained,  my goal is to now appreciate blockchain and crypto/alt coins. 
Money would be nice,  but I like the fact that block chain removes the control from the f***s at the top.
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January 18, 2018, 12:06:24 AM
 #4

Why? Of course because I heard investing in Blockchain technology is easy and the conditions are light. And my main goal is to make money from what I invest. Therefore I chose Blockchain.

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menggay16
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January 18, 2018, 12:31:22 AM
 #5

Because for me crypto sees how to change the lives of others in the majority and as much as I hope this may be the answer for a great opportunity and a great ways not just for me and my family and here I see hope for the wish to accomplish even if there is no guaranties that it will be possible to succed or not. Perhaps this can be my answered right now.
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