Bitcoin Forum
November 11, 2024, 09:24:01 PM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Bitcoin Forum > Economy > Economics > Speculation > Why so few millionaires?
Pages: « 1 [2]  All
« previous topic next topic »
  Print  
Author Topic: Why so few millionaires?  (Read 2005 times)
proudhon
Legendary
*
Offline Offline

Activity: 2198
Merit: 1311



View Profile
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
Member
**
Offline Offline

Activity: 84
Merit: 10



View Profile
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
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250



View Profile
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
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


"Don't go in the trollbox, trollbox, trollbox"


View Profile WWW
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
Legendary
*
Offline Offline

Activity: 2338
Merit: 2106



View Profile
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...
Pages: « 1 [2]  All
  Print  
Bitcoin Forum > Economy > Economics > Speculation > Why so few millionaires?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!