foxbat
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May 28, 2017, 03:22:47 PM |
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Everyone must have sensed that bitcoin is a technology worth trying and using. Whatever the outcome, is used and not it is dependent on each one. They can infer their own opinions when it comes to bitcoin.
No, most people use bitcoin for profit, they invest in it and turn it into their source of income. No one despite the results to use bitcoin, most people prefer bitcoin over other currencies.
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iamTom123
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May 28, 2017, 03:23:09 PM |
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Rich people already have all the finances of the world, and all the establishment working for them, why would they care about mere $50B markets and new technologies that works in favor of those who are outcasts for the economical and political establishment? I think they don't care about Bitcoin. For now.
I fully agree. Right now, though we ordinary guys may look at Bitcoin capitalization as too big, compared to the value of stocks like Apple and other blue chips, Bitcoin is just a small player. Bitcoin represents a new paradigm that must be adopted by the mainstream to make it more valuable...it can not live a life of its own in a bubble. Maybe years from now, we can see influential people to be using Bitcoin for transactions and also for investing purposes. Rich people can live without Bitcoin though.
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yakushev
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May 28, 2017, 03:31:39 PM |
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Rich people already have all the finances of the world, and all the establishment working for them, why would they care about mere $50B markets and new technologies that works in favor of those who are outcasts for the economical and political establishment? I think they don't care about Bitcoin. For now.
I fully agree. Right now, though we ordinary guys may look at Bitcoin capitalization as too big, compared to the value of stocks like Apple and other blue chips, Bitcoin is just a small player. Bitcoin represents a new paradigm that must be adopted by the mainstream to make it more valuable...it can not live a life of its own in a bubble. Maybe years from now, we can see influential people to be using Bitcoin for transactions and also for investing purposes. Rich people can live without Bitcoin though. I agree that rich people can do without bitcoin. But they try to use it in every possible way. They constantly care about becoming even richer. Therefore, they invest in very profitable projects. For example in bitcoin. No one will forbid them to do this.
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ilovefeetsmell
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May 28, 2017, 03:50:00 PM |
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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 they would not be interested using bitcoin because they know the worth of money. They know how to waste but to save? not! Before you know everything about Bitcoin, you must need to have a lot of research about this coin. For my first encounter bitcoin, I can't believe that it was true and real. I need a lot of proofs before I tried it. It was very worthy to have a bitcoin.
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deisik
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May 28, 2017, 04:15:54 PM |
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Investment advisors are already telling rich people to invest a portion of their wealth into bitcoin because it doesn't have any obvious trend in relation to the rest of the market, this gives it a value in the form of diversification to reduce risk on ones portfolio. For example when there is a crisis everything falls but bitcoin rises so their portfolios stay relatively well balanced I'm curious where you got this info from Are you one of these advisors or the rich individual whom they are advising to invest in Bitcoin? If you are none of them, then how do you know what the former are advising the latter? Or did you just conjure up this idea all by yourself on the account that Bitcoin is not correlated to traditional assets, and therefore you come to think that it should be the case? If so, then shit coins are even less correlated with anything else out there. They just quickly plummet and hit the ground in less than no time
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South Park
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May 28, 2017, 05:09:05 PM |
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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 they do because it would mean that they can stay out of the limelight and still have their wealth stored in a secure way. If they stored their wealth in bitcoin there won't be any analysis conducted on their bank accounts etc. I feel like a lot of rich people are already investing in bitcoin, like bill gates. If they're not then they're already making a mistake. We have all seen how quickly bitcoin can take off and that would hopefully make some billionaires interested. I don’ think the rich are investing too much in bitcoin, they have most of the wealth of the planet, if there was a real attempt of the rich to get bitcoin then the price will really skyrocket like nothing we have ever seen, so I think, bitcoin is being push forward mostly by the middle class and the occasional rich person that is willing to take a risk.
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singularityisnear
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May 28, 2017, 07:56:04 PM |
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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..
Not all of them would find enough motivation to do this, but those who know that the trend is fiat currency lose value over time, due to inflation, will certainly choose Bitcoin to preserve their wealth. I can't see how this could be a bad thing. After all, it's more demand, liquidity, and stability to the market.
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rickyrombo25
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May 28, 2017, 08:31:58 PM |
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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 they would be interested if the bitcoin becomes famous. That would be a good thing for us small people because this will make the bitcoin industry more productive, they would invest many $ and we will earn.
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piebeyb
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May 28, 2017, 10:10:33 PM |
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I think YES, maybe also with bitcoin will be born a lot of new millionaires in this world every day ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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CARrency
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May 28, 2017, 10:16:49 PM |
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I think YES, maybe also with bitcoin will be born a lot of new millionaires in this world every day ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I don't think they will not, most rich people are so busy with their jobs and many meetings and seminars, with these, I don't think that they will have a tine for knowing bitcoin. But I think if they do, they will be mining it and not just buy to save for a long time, they are rich, so they will also make ways to get their self a higher seat in the bitcoin community.
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ethereumhunter
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May 28, 2017, 10:56:43 PM |
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I think YES, maybe also with bitcoin will be born a lot of new millionaires in this world every day ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I don't think they will not, most rich people are so busy with their jobs and many meetings and seminars, with these, I don't think that they will have a tine for knowing bitcoin. But I think if they do, they will be mining it and not just buy to save for a long time, they are rich, so they will also make ways to get their self a higher seat in the bitcoin community. i think if the richest family is really concern with new technologies, then they will getting involve with bitcoin and they will make investment with buying bitcoin and hold it as long as they can because every richest people will thinking that they bought assets that can make them big money in the future. they don't think that they will spend many years before they see that their assets is grow. they are thinking the long term when they make an investment.
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jhannlenr
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May 28, 2017, 11:41:56 PM |
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They would grow interested in it overtime, most of them also have keen eyes to opportunities of profit so I guess they will get involved later (if not already using BTC), They wouldn't be a negative impact to the market because of the amount of FIAT pushed to the market hence increasing the market cap.
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Skarner21
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May 28, 2017, 11:51:45 PM |
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I think YES, maybe also with bitcoin will be born a lot of new millionaires in this world every day ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I don't think they will not, most rich people are so busy with their jobs and many meetings and seminars, with these, I don't think that they will have a tine for knowing bitcoin. But I think if they do, they will be mining it and not just buy to save for a long time, they are rich, so they will also make ways to get their self a higher seat in the bitcoin community. i think if the richest family is really concern with new technologies, then they will getting involve with bitcoin and they will make investment with buying bitcoin and hold it as long as they can because every richest people will thinking that they bought assets that can make them big money in the future. they don't think that they will spend many years before they see that their assets is grow. they are thinking the long term when they make an investment. And i think much more better to make a business instead of holding them because they are rich they can start a business to gain more profit in the future once the price of bitcoin is increasing and their customers are increasing too.. So if you are the one who rich do you think you are just holding them.. most of the rich here already have their own business or they are just using bitcoin for gambling purposes..
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Make crypto as your bank.
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batang_bitcoin
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May 29, 2017, 12:14:05 AM |
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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 they are interested to use bitcoins, they are into business and riches so for sure they are trying to consider entering to bitcoin. But if they will start to get into bitcoin for sure there will be a big impact if they will invest big money to bitcoin. It is going to be a positive thing to us who are small time bitcoiners.
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Rent this sig space so that BTC goes to $100k.
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theunbeatable
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I could either watch it happen or be a part of it
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May 29, 2017, 01:11:22 AM |
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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..
Well these elites are always interested to something new, something that might scratch the world's current system, so for me yes. Maybe they are not really focusing on cryptocurrencies right now because they have too much work, or there are more things that is more valuable to them than cryptocurrencies. I think they are just watching and observing how things will turn out in the crypto world. But I think when cryptocurrencies are being accepted in different countries at the same time being legalize then I think even them will participate on cryptocurrencies.
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Yanisumin
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May 29, 2017, 01:38:37 AM |
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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 this will depend on what business the billionaires have. For example the Indian billionaire Lakshmi Mittal is more on metal industry. While billionaires like Bill Gates and Mark Zuckerberg is more on digital, computer, internet industry. These guys like Bill and Mark of course is interested in cryptocurrencies, which of course is being patient and don't want others to see that they are also curious in the industry. Of course they have other businesses but the moment that these cryptocurrencies bloom, there is a big chance that they will participate. On the other hand billionaires in other industry will come late but they will invest too, if cryptocurrencies will be use worldwide.
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mike1183
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May 29, 2017, 02:02:15 AM |
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Currently, the most famous billionaires are the Facebook twins (there might be more, but these are heavy for and known for being with it), I don't think it's bad to have influential and rich people in BTC because : - it will help and improve BTC price since they are buying much - They can also provide behind the curtain support to BTC.
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nuela
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Blocklancer - Freelance on the Blockchain
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May 29, 2017, 02:42:42 AM |
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I think that little people can go forward with bitcoin and do not get rich that can use bitcoin. As a small person we must have excess or creative etc.
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ScorpionKing
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May 29, 2017, 02:43:26 AM |
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These people won't join BTC now, they are slower to take more innovative and different approaches, the one who might be persuaded are the technically oriented ones like BG, MZ and other guru's, However financial giants and funding are just merely touching BTC and doing small funding rounds, not full adoption to BTC yet.
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deisik
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May 29, 2017, 07:15:11 AM |
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I think YES, maybe also with bitcoin will be born a lot of new millionaires in this world every day ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I don't think they will not, most rich people are so busy with their jobs and many meetings and seminars, with these, I don't think that they will have a tine for knowing bitcoin. But I think if they do, they will be mining it and not just buy to save for a long time, they are rich, so they will also make ways to get their self a higher seat in the bitcoin community. i think if the richest family is really concern with new technologies, then they will getting involve with bitcoin and they will make investment with buying bitcoin and hold it as long as they can because every richest people will thinking that they bought assets that can make them big money in the future. they don't think that they will spend many years before they see that their assets is grow. they are thinking the long term when they make an investment This is a big if really While the richest families may be in fact interested in new technologies, this doesn't mechanically imply that they will be interested in Bitcoin specifically. They could theoretically be interested in the blockchain technology (since its potential seems to be virtually unlimited), but Bitcoin as such is unlikely to make them particularly interested and still less so as an asset where they could invest their money in. If they were, they would have already done so, but apart from the Winklevii twins, I didn't hear that anyone really wealthy had been pouring their cash into Bitcoin
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