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Author Topic: Asking the big rollers: Where do you get the money from?  (Read 2186 times)
thejaytiesto (OP)
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December 23, 2015, 06:34:32 PM
 #1

Im just asking those guys that are betting big amounts of money like this:

I should stop Sad
Down 19 BTC & that's just this month.
Oh well.

Im really curious to know how can you bet so much money, where did this money from? For me, I can only hope that I make 19 BTC in total after making BTC slowly and saving it all in maybe a year or so, but you are gambling it all in a single day. This is just crazy for me and I don't get it. I would like to know the history of the people here that have that much amount of money.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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LFC_Bitcoin
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December 23, 2015, 06:57:07 PM
 #2

There are lots of very rich people about bro!

Regarding bitcoin I guess they're either early adopters who bought a shit load of coins for peanuts, mined loads of coins or perhaps they're just rich AF from owning their own businesses, inheritence......Who knows, the possibilities are endless.

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fox19891989
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December 23, 2015, 07:25:01 PM
 #3

where are u from dude, and how much money you can make from monthly salary?

imo if u live in a developed country, you can make some btc per month easily, i mean your income will be over 1500-2000 USD after tax at least, which can be 4-5 btc per month.

i have lost over 100 btc within 2 years, goddamnit i was scammed by some altcoins.
crairezx20
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December 23, 2015, 07:25:33 PM
 #4

Maybe its a old man bitcoin user that save some bitcoins before.So for now s/he rich about saving his bitcoins since 2010
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December 23, 2015, 07:31:48 PM
 #5

Im just asking those guys that are betting big amounts of money like this:

I should stop Sad
Down 19 BTC & that's just this month.
Oh well.

Im really curious to know how can you bet so much money, where did this money from? For me, I can only hope that I make 19 BTC in total after making BTC slowly and saving it all in maybe a year or so, but you are gambling it all in a single day. This is just crazy for me and I don't get it. I would like to know the history of the people here that have that much amount of money.

Theres so many possibilities. A decent job will easily allow you to buy some btc every month (depending on the country ofc). Some of them are traders and they get their coin from trading, or mining, or they are early adopters.
It is a lot of money, but not that much to be honest. (still a lot lol)
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December 23, 2015, 07:33:07 PM
 #6

You should see how much people are gambling in Vegas and Macau. People have money from all sorts of things. Sometimes they are rich and sometimes they are playing with their entire paycheck/income.

Not sure why you're worried about where people are getting their funds though.
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December 23, 2015, 07:53:02 PM
 #7

I am not a big roller because i usually do not gamble, only betting, but i own 20+ Bitcoins. As fox19891989 already said, if you come from a developed country you could easily make 2000-2500 $ a month after tax and can buy Bitcoins with it.
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December 23, 2015, 08:05:04 PM
 #8

I am not a big roller because i usually do not gamble, only betting, but i own 20+ Bitcoins. As fox19891989 already said, if you come from a developed country you could easily make 2000-2500 $ a month after tax and can buy Bitcoins with it.


Not many people can spend their whole paycheck on bitcoin's unless they're rich or live in their Mum's basement.

Most people have lots of fiat bills to pay & have to put food on the table.


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Moneyburner
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December 23, 2015, 10:00:09 PM
 #9

If people spent the last few years buying 1 BTC per month, it would only average out to a few hundred bucks a coin. There are people who can make that in a few days.

That doesn't even factor in the interest you can get from lending out, lucky hits, other forms of income... ect

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December 24, 2015, 12:56:49 AM
 #10

You do realise that 1% of the entire population is super rich. Also with BTC the early adoptors probably have hundreds of coins sitting at their disposal.

They probably don't get their money the way most of us do, by working.

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poplolnman
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December 24, 2015, 01:05:23 AM
 #11

where are u from dude, and how much money you can make from monthly salary?

imo if u live in a developed country, you can make some btc per month easily, i mean your income will be over 1500-2000 USD after tax at least, which can be 4-5 btc per month.

i have lost over 100 btc within 2 years, goddamnit i was scammed by some altcoins.

which country you mean with "developed country" are you living now? and what is your actual work?
1500-2000 USD was huge amount for just a salary. and wasting 100 bitcoin within 2 years was not a good thing huhh? it just too bad i heard your experience like that.

I'm in 400,000 euros debt , dont help me , i rather die
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December 24, 2015, 01:23:05 AM
 #12

and wasting 100 bitcoin within 2 years was not a good thing huhh? it just too bad i heard your experience like that.

He said that he wasted bitcoin not dollars. Some people are lucky enough that they are the early adopters and managed to get some bitcoins while it is still cheap. SOme people got a lot of fortune when bitcoin reached $1200 so it is not something amazing to spend 100 bitcoins in 2 years

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December 24, 2015, 01:53:15 AM
 #13

and wasting 100 bitcoin within 2 years was not a good thing huhh? it just too bad i heard your experience like that.

He said that he wasted bitcoin not dollars. Some people are lucky enough that they are the early adopters and managed to get some bitcoins while it is still cheap. SOme people got a lot of fortune when bitcoin reached $1200 so it is not something amazing to spend 100 bitcoins in 2 years

I think no need to worry on some people had a fortune to sell bitcoins at 1200$ because we will soon see that level again. I hope next year will be the boom year for bitcoins so just accumulate what ever you can now and wait for the fortune to sell.
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December 24, 2015, 02:23:22 AM
 #14

I would think that some of them are holding it from very very long time ago so they would have that many coins for gamble a lot here. Because they dont even know when to spend that lot of money except for gambling
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December 24, 2015, 02:42:32 AM
 #15

I would think that some of them are holding it from very very long time ago so they would have that many coins for gamble a lot here. Because they dont even know when to spend that lot of money except for gambling

Off course they should have either brought at very cheap price or mined long back so they may not be worried to spend so much in gambling. If any one buy at current level may not be spending so much in gambling.
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December 24, 2015, 04:02:21 AM
 #16

lot of rich people out there who active players to spend hundreds btc to do their hobbies gambling i will not surprised if someone spend lot of money from doing it but if you asking where they do get the money from i think they would not say honestly
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December 24, 2015, 04:13:21 AM
 #17

wow, down that much that quickly, I couldnt do it thats for sure. I understand what the OP is saying, developed country or not, not everyone has access to that amount of liquid assets. I know my purchase modest of miners (awhile back now) was quite an expenditure at the time, one I contemplated for quite awhile. 19 BTC gone that quickly would be a devastating loss to me and many smaller miners/traders.
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December 24, 2015, 04:23:17 AM
 #18

very early adopters,
pro traders,
alt coin owners ( pre mines shit.. scams .. etc )

mostly they have loads

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December 24, 2015, 04:26:22 AM
 #19

Lol I don't have a job & never had one
Too young for one here

I ain't rich at all I just get btc here and there
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December 24, 2015, 04:34:01 AM
 #20

very early adopters,
pro traders,
alt coin owners ( pre mines shit.. scams .. etc )

mostly they have loads

Not really an early adopters but Some people are rich and some dont, that doesnt mean they do shit tons of bad things to acquire bitcoin. Some people are just rich guy that buy bitcoin to gamble because it is much safer especially if your country restrict online gambling
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