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Author Topic: What do you think?  (Read 20100 times)
Polar91
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May 25, 2017, 07:17:25 AM
 #21

Do you think the richest families or personalities in the world would be interested in using bitcoins??
And if so, would that be a good thing for us small people or negative??
I mean rich people are capabale of so much things, so it makes me wonder..
Of course yes. Bill Gates have already invested in bitcoins for your information as we can see he stated his opinion in bitcoin. Therefore, we can expect that a lot of rich families and personalities might invested already in bitcoin as it becomes more popular and people recognized it as legal investment.
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May 25, 2017, 07:46:33 AM
 #22

They probably get in it for control.
But for profit? I dont think so.
They are already in so much business.
And in terms of buying, they wont have any probs even with illegal things.
Coz again, they are rich
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May 25, 2017, 08:03:56 AM
 #23

Do you think the richest families or personalities in the world would be interested in using bitcoins??
And if so, would that be a good thing for us small people or negative??
I mean rich people are capabale of so much things, so it makes me wonder..

As to me, they will be the last interested in that

What makes me think so? The reason is pretty simple, these folks (if we talk about super rich like Warren Buffet and Bill Gates or super influential like the Bush or Kennedy families) don't need much money as such, i.e. money for them is only a tool purely utilitarian in function and not an investment asset in and of itself. So they will just stick to using what is most convenient for them, and that seems to remain the American dollar (or the currency of the country of their residence)

thend1949
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May 25, 2017, 08:15:22 AM
 #24

Do you think the richest families or personalities in the world would be interested in using bitcoins??
And if so, would that be a good thing for us small people or negative??
I mean rich people are capabale of so much things, so it makes me wonder..

I think many rich families interested in bitcoin and some of them using it as an investment to become richer than other. It would be an negative and positve, if you have wrong move negative, if you do right move positive.. I think they have a big impact in bitcoin price, so if you convert now and the price will still pump you will feel lose and negative effect to you.. But if you convert it now and the price dump it is positive to you because you already have profit and ready to buy bitcoin again at low price
Sniper44
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May 25, 2017, 08:25:48 AM
 #25

bitcoin is out of the rich of reach now, they would want to go in big and they can't because the market is small still and the price is already up. when in early days they could but i doubt any of them bothered and now to buy a massive amount as a billionaire means shifting the market a lot so they won't.

also as a billionaire you can find a lot of other methods to invest your vast amount of money to make a lot more than to invest in bitcoin and earn a little! the profit of bitcoin is nothing in comparison with what lets say google makes.

to the moon with bitcoin...
iluvpie60
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May 25, 2017, 10:16:55 AM
 #26

Do you think the richest families or personalities in the world would be interested in using bitcoins??
And if so, would that be a good thing for us small people or negative??
I mean rich people are capabale of so much things, so it makes me wonder..

2 days ago the CEO of Fidelity said they are soon implementing trading options for Bitcoin into all of their accounts. They are partnering through Coinbase. The average person will be able to more easily access and move larger amounts of money around to invest in BTC.

This obviuosly creates a lot of demand. When demand outpaces supply you see price go up. Prices will continue to go up due to this. We could see 3,000 dollar bitcoin in a few days. We could see 5,000 dollar bitcoin in a month or less.

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May 25, 2017, 10:20:31 AM
 #27

what i think is that instead of thinking about what other people do in your imagination, it is best if you get on board and start buying bitcoin. the rich didn't get rich by sitting around and asking about what the rich are doing Smiley

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May 25, 2017, 10:20:46 AM
 #28

I don't see any discrimination in the usage of bitcoin as a whole, but most of the time the people who benefits good out of bitcoin is the one with good capital backing in terms of fiat or in simple term, the rich people. The common men just strive to make a better earning through it and make his desire come to reality.

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May 25, 2017, 10:48:51 AM
 #29

Rich people always want more and never have enough,so if they see opportunity to make profit with BTC they will invest money and become even richer.Some of them probably invested before,others will be attract by this price increase and they will invest, which will certainly push the price up even more.

For most people even this price is too high for invest and buy BTC,but for rich people is not, so with time BTC could become so expensive that only rich people will have power to buy 1 BTC or more.Of course others can also buy,but only small parts.Can bitcoin become asset of the rich one day?

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hawthelegend (OP)
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May 25, 2017, 12:03:22 PM
 #30

what i think is that instead of thinking about what other people do in your imagination, it is best if you get on board and start buying bitcoin. the rich didn't get rich by sitting around and asking about what the rich are doing Smiley

I would immidiately do something if i could, or if i have any capabilities.
Sadly i dont get this world that is why i ask a lot but get less..
so sad to be dumb and not know what to do to be like others.
BingoDog
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May 25, 2017, 12:06:16 PM
 #31

To my opinion very rich people are not particulary interested in bitcoin or other cryptocurrencies except maybe that ones who are professionaly related to IT technologies or some techo geeks. Rich people live in completely different world and don't care about same things like everyone else.

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May 25, 2017, 12:07:08 PM
 #32

what i think is that instead of thinking about what other people do in your imagination, it is best if you get on board and start buying bitcoin. the rich didn't get rich by sitting around and asking about what the rich are doing Smiley

I would immidiately do something if i could, or if i have any capabilities.
Sadly i dont get this world that is why i ask a lot but get less..
so sad to be dumb and not know what to do to be like others.

I feel you i also dont know where to start, i really want to earn to kake ends meet but sadly i cant do shit.
I hate the fact that all there is is how much i want but less how much i can :/
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May 25, 2017, 12:09:27 PM
 #33

Economically it would lower a countries capital because millions of investments from millionaires are not going to btc, so yeah i think millionaires can invest because they have the money to invest and who wouldnt want it in the growing price of btc? i assume in time many millionaires would say they invested in a cryptocurrency and they got rich without doing a thing.
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May 25, 2017, 12:16:11 PM
 #34

Economically it would lower a countries capital because millions of investments from millionaires are not going to btc, so yeah i think millionaires can invest because they have the money to invest and who wouldnt want it in the growing price of btc? i assume in time many millionaires would say they invested in a cryptocurrency and they got rich without doing a thing.

It will not lower the capital of a country, but it will leave great risks to that country, if the bitcoin grows, their country will also grow, but if the bitcoin collapses, the economy of They are severely affected, they will lose a lot of money.





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May 25, 2017, 02:11:51 PM
 #35

Do you think the richest families or personalities in the world would be interested in using bitcoins??
And if so, would that be a good thing for us small people or negative??
I mean rich people are capabale of so much things, so it makes me wonder..

That's why with the rising price, bitcoin now become a rich's man playground.

Maybe not all the richest person are into bitcoin, the there are few who has been attracted to it because it becomes a safe haven as investments. Well for us small time investor, we can still go and buy bitcoin but our purchasing power will only be small but we are satisfied because that is the only amount of bitcoin we can buy. That's why is better to buy in just small portion and accumulate it overcome.

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May 25, 2017, 03:12:38 PM
 #36

Do you think the richest families or personalities in the world would be interested in using bitcoins??
And if so, would that be a good thing for us small people or negative??
I mean rich people are capabale of so much things, so it makes me wonder..

By the richest families what do you mean by the that? Rich like the President Trump or like J.K. Rowling? Because if they were born with a silver spoon then I doubt they would even care about bitcoins. But if someone who just became rich, their might be a possibility they would be interested in using bitcoins. And it would be a good thing for us.
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May 25, 2017, 03:48:31 PM
 #37

Do you think the richest families or personalities in the world would be interested in using bitcoins??
And if so, would that be a good thing for us small people or negative??
I mean rich people are capabale of so much things, so it makes me wonder..

I bet yes , they will be interested in using Bitcoin because they can grow their money more with Bitcoin. Most of the developer or owner of gambling casino are rich people yet they still created gambling casino to increase their wealth. Rich people who are Business minded will surely have interest in Bitcoins.
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May 25, 2017, 06:26:33 PM
 #38

I really don't think these rich people need Bitcoin, they have money and power, but I think some of them in the tech industries may want to play with it and see what the hype is all about

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May 25, 2017, 08:21:16 PM
 #39

There are loads of very wealthy Bitcoiners that probably don't want to be known.
From my observation, most early adopters are usually the most humble and smartest humans... probably why you don't see any Bitcoin/Crypto owner flaunting his/her wealth on forums
Wouldn't be surprised if people like Bill Gate, Warren Buffett, etc have some investment in Bitcoin or Altcoin
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May 25, 2017, 09:28:46 PM
 #40

The wealthy investing in bitcoin would give us higher volume and higher demand which would likely cause the price to go up. That's a positive. Good publicity from celebrities could also be a positive to break the false myth of crypto being used for money laundering & criminal activities.

If crypto could be used more by charities and humanitarian organizations, with celebrities being involved, that would be great!
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