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Author Topic: Do bitcoin millonaires deserve their wealth?  (Read 3376 times)
orkoso (OP)
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January 13, 2018, 04:48:11 PM
 #1

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
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January 13, 2018, 04:57:25 PM
 #2

Yes i think they deserve what are they now and what do they have now. They've been workhard for it , put a lot of patience and they wait for a long time for bitcoin to rise, they 100% deserve it unless they did illegal to made them millionaire. It is fair , i guess they just play it in early stage so they come up being millionaires.
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January 13, 2018, 05:02:16 PM
 #3

Stupid question I fucking swear. How did they become a millionaire? Think, you fucking idiot, think. They believed in Bitcoin in the first place and they didn't mind investing their money in it. And now that they have benefitted, you are asking if they deserve it? Idiot. Think before you ask a question which is so stupid.
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January 13, 2018, 05:03:25 PM
 #4

Why not? They have risked their money into it knowing anytime that it can go down quickly or even trusting it when it was really worth nothing. At the end what they risked have really paid off for them and there is nothing wrong with that. They are the people who believed in Bitcoin and didn't listen to the bad things some people are saying to it.  Any person who tried to risk their money in order to earn money deserved their earnings. I don't even know what you are seeing wrong with it.
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January 13, 2018, 05:05:01 PM
 #5

its fair, because they learn from experience, and  be a millionaires

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January 13, 2018, 05:13:43 PM
 #6

Why not? They have risked their money into it knowing anytime that it can go down quickly or even trusting it when it was really worth nothing. At the end what they risked have really paid off for them and there is nothing wrong with that. They are the people who believed in Bitcoin and didn't listen to the bad things some people are saying to it.  Any person who tried to risk their money in order to earn money deserved their earnings. I don't even know what you are seeing wrong with it.

Agreed. Maybe in the eyes of other non investors, it is just an easy money you wait for your own profit. It is true that others of us are not doing anything but their are a lot of competitions and price changes. Some were frustrated for selling early of not buying early. Others make businesses IRL just to show how much they are earning via cryptocurrency. A lot of failed projects and scams around the web. And deals or SEC rules to be made if you want your project to succeed.
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January 13, 2018, 05:20:38 PM
 #7

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
Most of them are probably long-term holders which withstand all the crashes, bitcoin pumps in the early days and emotional breakdowns caused by FUDs, they've probably faced some threats from hackers and some unexpected technical difficulties pertains to their storage of wallets. They come and hold up to this period so I think they are deserving to be millionaires the proof is their strong belief and faith in this coin but people who got rich by stealing others money are the ones who did not deserve to be on that spot that is the unfair situation right?
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January 13, 2018, 05:32:32 PM
 #8

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
Of course bitcoin millionaires deserve their wealth. Just want to contradict this phase here "but many of these people don´t have any particular knowledge of the economy nor business, Do you think that is a fair situation?" First, Its not true. Because I believe, for you to become a millionaire is your knowledge plays a very important role to make big money in this industry. Second, they work hard for it. They might even put their personal savings here in bitcoin because they believe they can earn big profit in return. Its just right and fair. They work smart & work hard with it.
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January 13, 2018, 05:39:58 PM
 #9

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?

lol. Person winning lottery or lucky draw has?
Indeed, crypto millionaires deserve wealth because they recognized potential of Cryptocurrencies especially Bitcoin before us and invested into it. Won't you consider that to be knowledge of economy? Warren Buffet is rich because he harnessed Stock Market to his full knowledge, similarly Crypto Millionaires are rich because they harnessed Crypto Market to their full knowledge.
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January 13, 2018, 05:44:48 PM
 #10

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
I think it is not about the knowledge that you have in the economy as well as in the business for you to be rich or even a millionaire with the help of bitcoin. You just need to work hard and do your best to earn a decent amount of bitcoin that you can exchange in money. All of the hardworks that theyve done in earning bitcoin pays off when they already exchange their bitcoin to money which they can have a huge amount of it.



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January 13, 2018, 05:47:13 PM
 #11

Yes i think they deserve what are they now and what do they have now. They've been workhard for it , put a lot of patience and they wait for a long time for bitcoin to rise, they 100% deserve it unless they did illegal to made them millionaire. It is fair , i guess they just play it in early stage so they come up being millionaires.

I think that some of them really saw potential a now are rewarded for their good judgement and patience. Some others just got lucky or took it as a game of some short and well... anyway they deserve it as much as any other.
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January 13, 2018, 05:54:40 PM
 #12

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
When you talk about business owners and investors you talk about risk takers if you agree with me on that not it then mean that bitcoin millionaires are the real risk takers and they really deserve their current status as a millionaires via bitcoin or crypto currency.
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January 13, 2018, 06:02:19 PM
Last edit: January 13, 2018, 08:09:42 PM by VenturaBro
 #13

 Shocked Shocked Shocked Jesus forgave prostitutes and robbers bitcoin forgave drug dealers and pedophiles, I will forgive that question.
on the serious note though, sure they do, and if u feel they don't u can ditch btc, and that would take away whatever power one persons non involvement in the chain can take away and diminish their "undeserved" wealth by whatever percentile it will diminish.. we are in the conversation so that number sure is not zero.
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January 13, 2018, 06:02:55 PM
 #14

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
Yes ofcourse they deserve to be a millionaire. It takes a lot sacrifice because they are strong in taking risk and believing in bitcoin they become wealthy. You can not deserve a thing if you didnt do anything then you became millionaire.

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January 13, 2018, 06:05:55 PM
 #15

I'm sure most of them are lucky they just playing around with it back then. But I believe the early investors deserved it a lot they already have a faith in Bitcoin since early age.
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January 13, 2018, 06:15:01 PM
 #16

Bitcoin millionaires are either the ones who bought and held their Bitcoins from the start, or the ones who invested in it and traded it for a long time. And of course both of them deserve the wealth they have gained from Bitcoin.

In the case of people having them from start, it was just like a lottery for most of them as they never imagined the price of Bitcoin to reach this place one day. So they just kept their coins idle for a very long time and then after seeing the potential they may have started moving them in trades or something, but whatever they did or didn't, they deserve the money they have today for the reason to keep faith in Bitcoin and not spending them all thinking it will never progress.
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January 13, 2018, 06:35:35 PM
 #17

Bitcoin millionaires are either the ones who bought and held their Bitcoins from the start, or the ones who invested in it and traded it for a long time. And of course both of them deserve the wealth they have gained from Bitcoin.

In the case of people having them from start, it was just like a lottery for most of them as they never imagined the price of Bitcoin to reach this place one day. So they just kept their coins idle for a very long time and then after seeing the potential they may have started moving them in trades or something, but whatever they did or didn't, they deserve the money they have today for the reason to keep faith in Bitcoin and not spending them all thinking it will never progress.

I agree with you. Many people became millionaire with the help of bitcoin by investing their owned money in it.Nothing will happen in a day,they may be do trade for more than a year and when the price reaches peak ,they may sell the holding bitcoin with good profit .This may be the reason for their richness .

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January 13, 2018, 07:04:54 PM
 #18

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
Ofcourse they deserve it. Who says that the only businessmen and traders deserve their earnings? Unless hereditary everyone deserves their wealth because they might have made any action to earn it be it a lottery ticket. Everything is fair in this world. Just knwoing economy and business isnt something concrete. If you see this way then most of the sports celeb dont know the economy do they deserve money they have??
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January 13, 2018, 07:06:03 PM
 #19

Unfortunately, nothing can be done to define who deserves and who does not deserve wealth or poverty, as it is well known that great geniuses (such as VanGogh or Mozart) have died in poverty, while great tyrants of history have died in wealth . The questions of money and capital are very relative, but perhaps in the case of bitcoin only those with sufficient vision were able to accumulate enough to deserve their wealth today.
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January 13, 2018, 07:26:38 PM
 #20


no, but it's in person. If he is rich he can study to increase knowledge Smiley
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