udayantha11 (OP)
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2023 would most likely be as bearish as 2022
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November 15, 2017, 03:22:43 AM |
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Dear memebers
In the crypto world, unemployed crypto millionaires born. so the unemployment rate may increase in the country and the GDP will decrease. whats your opinion?
Investing money from young generation and see whats happening
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we all need universal power and cyclist of Everything -2023 would most likely be as bearish as 2022- =BTC will make it, but might be a long winter=
Stronger the storm, brighter the rainbow
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Agozyen
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Until the end
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November 15, 2017, 03:28:46 AM |
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Dear memebers
In the crypto world, unemployed crypto millionaires born. so the unemployment rate may increase in the country and the GDP will decrease. whats your opinion?
Investing money from young generation and see whats happening
In the US people that are not actually looking for work are not counted when it comes to unemployment. So if you are a cryptomillionaire and do not need to work for your money, then you are not counted. GDP is a measurement of goods and services created over time. If anything, the GDP will go up. This is based on low unemployment and new millionaires being created. All those Lamorghinis aren't going to build themselves!
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udayantha11 (OP)
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2023 would most likely be as bearish as 2022
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November 15, 2017, 04:36:03 AM |
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I agree with you but for a long time this will effect the country for unemployment. Because youger generation only investing no work
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we all need universal power and cyclist of Everything -2023 would most likely be as bearish as 2022- =BTC will make it, but might be a long winter=
Stronger the storm, brighter the rainbow
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Ridwan Fauzi
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November 15, 2017, 05:01:02 AM |
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Yeah that it's possible way for the unemployed to be millioner in cryptocurrency. He didn't have job in reality live but he have money, it's make many people confused. And by the way i'm unemployed to, but i have some coin for my life in the future.
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lelou
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November 15, 2017, 05:31:48 AM |
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Yes there are unemployed crypto millionaires but their numbers aren't enough to add numbers to unemployment rate and affect the GDP of a country.
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0t3p0t
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November 15, 2017, 05:58:38 AM |
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Dear memebers
In the crypto world, unemployed crypto millionaires born. so the unemployment rate may increase in the country and the GDP will decrease. whats your opinion?
Investing money from young generation and see whats happening
Unemployed but employed that is what I call cryptocurrency enthusiasts. I am not working in a field/day job or an office job but I am into Bitcoin or any crypto related jobs online. For me I think GDP will not decrease due to only limited people are into cryptocurrency or any job that is not taxable or related to the factor that affects the increase of the GDP. I did convinced my friends, relatives and family to get into the cryptocurrency world but only two of my social media friends from different parts of my country survived and they are already earning Bitcoins through campaigns and bounties. My point is those who failed to join the trend or those who find crypto difficult to work with find other ways to make money whether they apply for a field job, office jobs or make a small businesses that will still boost GDP of the country.
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bitfools
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November 15, 2017, 05:59:38 AM |
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I agree with you but for a long time this will effect the country for unemployment. Because youger generation only investing no work
There aren't any jobs, unless u have a skill, like electrician or plumber, Kids these days go to college, and drop out, go back home. Day Trade Crypto, call themselves 'rich', whack off to free porn, never been with a real woman, and again they're rich NOT *** MAYBE U can borrow money from parents to invest in BTG?? *** Where I live, gamers grow up, and borrow money from parents to buy GPU Mining rigs, and then quit when they find out they can't pay monthly electricity costs. Then they sell their GPU's, and owe their parents $6,000 USD, ... viscious cycle, I guess day-trading crypto's is just a level before suicide.
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Vivisector999
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November 15, 2017, 05:59:46 AM |
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Yes it can happen to a smallish amount of people, but it is virtually impossible for the majority of the younger generation to be living the millionaire life and all not be working.
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udayantha11 (OP)
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2023 would most likely be as bearish as 2022
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November 15, 2017, 06:02:28 AM |
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Yes, there is another aspect that if alt coin sell then profit comes to motherland, then the foreign reserve will be high. Central bank apprciate about it defininitly.
We have do jobs while doing crypto
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we all need universal power and cyclist of Everything -2023 would most likely be as bearish as 2022- =BTC will make it, but might be a long winter=
Stronger the storm, brighter the rainbow
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bitfools
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November 15, 2017, 06:06:22 AM |
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Dear memebers
In the crypto world, unemployed crypto millionaires born. so the unemployment rate may increase in the country and the GDP will decrease. whats your opinion?
Investing money from young generation and see whats happening
Unemployed but employed that is what I call cryptocurrency enthusiasts. I am not working in a field/day job or an office job but I am into Bitcoin or any crypto related jobs online. For me I think GDP will not decrease due to only limited people are into cryptocurrency or any job that is not taxable or related to the factor that affects the increase of the GDP. I did convinced my friends, relatives and family to get into the cryptocurrency world but only two of my social media friends from different parts of my country survived and they are already earning Bitcoins through campaigns and bounties. My point is those who failed to join the trend or those who find crypto difficult to work with find other ways to make money whether they apply for a field job, office jobs or make a small businesses that will still boost GDP of the country. Wow I wouldn't tell my friends to get into this hobby, maybe if I had enemy and wanted to screw up his life. I like this because I have always done GPU algo's and I have been doing crypto research forever, and right now the MOST powerful computing resources on earth are directed towards mining crypto's, its an interesting time from a research point of view, right now my rigs are profitable, when they cease to be profitable I'll direct all my CUDA horsepower back to Machine-Learning, which is why had GPU's in the first place. Most people are not into the TECH, they're just 'easy money' day trading people living the dream, or something they heard, or second hand scam knowledge, like all those videos on UTUBE of guys talking shit about making money off of crypto. The shit is very interesting, its a hobby, but when a mining rig only makes $10-20/day, per rig, I would hardly call that 'rich' ( being a miner ), especially when you consider outlay. WRT to gambling 'BUYING Crypto alt-shit" that is a zero-sum game,... Smart ppl NEVER play zero sum games only idiots. If your going play, then play to win, like the BTG boyz who launched ALT-SHIT BITCOIN-GOLD and pre-mined $50M first day, now that's how U make money, for them it WAS NOT A zero sum day.
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bitfools
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November 15, 2017, 06:08:51 AM |
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Yes it can happen to a smallish amount of people, but it is virtually impossible for the majority of the younger generation to be living the millionaire life and all not be working.
This generation has been discounted already, they grew up on games, and now they believe lies, all these kids that I personally know are anti-social loners, that have no friends, and have never been near a live woman. Most are mid 20's or older and living at home. As U can see in this forum, its mostly bots, and the few humans don't care about reality, their only reality is a new 'air drop' tomorrow, or a new shit-coin debut on yobit.net.
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bitfools
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November 15, 2017, 06:14:12 AM |
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I agree with you but for a long time this will effect the country for unemployment. Because youger generation only investing no work
Nobody needs the kids on the street, the only jobs are cops,prison guards, better for the kids to stay home sit in front of a computer and see digits fly on the screen, and to get self-affirmation that they're rich. This shit is NOT new, back in the 19020's a famous guy wrote a book about the 'stock market', the book was called "Where are the customer yachts'?? If there was a single young crypt millionaire here, we would be seeing photo's of their yachts 24.7 The exchanges make money, the people who clone/create shit-coins make money, The minors make a little money, But the Day-Traders they are always the losers.
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lobo13hf
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November 15, 2017, 06:17:56 AM |
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Dear memebers
In the crypto world, unemployed crypto millionaires born. so the unemployment rate may increase in the country and the GDP will decrease. whats your opinion?
Investing money from young generation and see whats happening
As a lot of the companies already declared about try to made automation to all of their financial system through use the blockchain system itself. A lot of the new millionaires born from the crypto. The more people and various party are interested in the crypto. The socialsm from the one person to each person decrease a lot.
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DibiaVxosis
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November 15, 2017, 06:31:54 AM |
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Young generation just investing is right. But i think the number of those investors is not much. It might affect some country but i think they can deal with it. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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jonemil24
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imagine me
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November 15, 2017, 06:36:45 AM |
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Dear memebers
In the crypto world, unemployed crypto millionaires born. so the unemployment rate may increase in the country and the GDP will decrease. whats your opinion?
Investing money from young generation and see whats happening
If you have nearly 30% of the population in your country who became cryptomillionaire, It'll be really alarming! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Even the 50% of the cryptocurrencies holders are not even millionaires, maybe millionaire in DOGECOINS. Every business and investments has its price, meaning; if you invest big, you may win or lose big. Only the millionaires who invested hard on bitcoin gained millions if not billions.
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Normally, if given a choice to do something and nothing, I choose to do nothing. But I will do something if it helps someone else to do nothing. I'd work all night if it meant nothing got done. - Roy Swanson
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olushakes
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November 15, 2017, 06:40:32 AM |
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Dear memebers
In the crypto world, unemployed crypto millionaires born. so the unemployment rate may increase in the country and the GDP will decrease. whats your opinion?
Investing money from young generation and see whats happening
Do you also know that majority of the rich people around are not employed beccuase if by your definition, being employed means going to the office and working from 8am to 5pm minimum of 5 days in a week. The fact is you don't have to go to the office to be employee a lot of graphics desgner gets to work from home and earn even trading to become crypto millionaire is never a lazy man job with all the risk involved more than whose salary is guaranteed at the end of every month.
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bbcolex
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November 15, 2017, 06:41:32 AM |
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1% or less unemployed millionaires , self made millionaires by the help of crypto currencies. Like the price of Bitcoin their status is really not permanent. Some are 1 day millionaires, smart people would invest and venture to new business rather than being unemployed and ending up as a coach potato. Crypto is not really widely accepted and the percentage of the millionaires of crypto is not that big , so I think it won't affect that the unemployment rate of certain country since CRYPTO Millionaires are divided in different countries.
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terrific
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November 15, 2017, 06:54:06 AM |
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Dear memebers
In the crypto world, unemployed crypto millionaires born. so the unemployment rate may increase in the country and the GDP will decrease. whats your opinion?
Investing money from young generation and see whats happening
There are few of the total population of the world that are unemployed that are into crypto trading or has investment with it. My estimation it's only 0.001 % of the total world's population that are employed and did focused into their trading career. I'm not a young unemployed millionaire but I can say that cryptocurrencies did helped me a lot with my financial status. Being employed is what makes us think that you are secured financially but in today's generation, getting into crypto will give you financial freedom.
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riffaz
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November 15, 2017, 06:55:12 AM |
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Still there are dumb kids just like your grandma who does not know what is going on cyber space...
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contecsion
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November 15, 2017, 06:55:27 AM |
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It's funny to say that millionaires are unemployed. Certainly millionaires know how to make their money profitable without having to do anything. That is the difference between the rich and the poor.
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