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Author Topic: Do bitcoin millonaires deserve their wealth?  (Read 3376 times)
zarados
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January 16, 2018, 12:39:22 PM
 #181

Of course, Let's take the example of miner dinosaurs or bitcoin miner when the price is still below $10. They are the people who have successfully utilized the information about this bitcoin technology and believe that bitcoin will become something viral in the future, While most people just look, some even laugh at them.

But look at this moment, and Who will laugh now ?. That's Why some people say information is more expensive than gold because an information can be very valuable in the future.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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January 16, 2018, 12:57:02 PM
 #182

Those who are millionaire today because of Bitcoin endures a lot of mockering and psychological stress.  They had witnessed the ups and down of Bitcoin and yet they  withstand the temptation of selling. They would not be a millionaire if they sell their bitcoin but instead, they hodl and endure hardships.  And now they reap the reward of them being patient and believing Bitcoin to grow in price and value.
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January 16, 2018, 01:09:27 PM
 #183

Anyone willing to take a risk deserves the rewards that come with it, thats the story of bitcoin anyone that thinks otherwise should attribute it to jealousy, the millionaire made an investment on a risky venture and they won just as those that loose money should deserve it also.

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January 16, 2018, 01:10:21 PM
 #184

Yes of course they deserved it because they hold bitcoin even though the price is increasing and it is decreasing back and forth for sure they are so many struggles to go in that position right now also there are many people holding btc like they do.
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January 16, 2018, 01:11:01 PM
 #185

Of course they do. Should people with business degree be the only ones allowed to profit?

I bet they have a lot more crypto economy knowledge, plus even more so computer technology knowledge than those who went to business school.

Silly question.
inillo
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January 16, 2018, 01:15:07 PM
 #186

Of course they do. Should people with business degree be the only ones allowed to profit?

I bet they have a lot more crypto economy knowledge, plus even more so computer technology knowledge than those who went to business school.

Silly question.

Nobody has said anything about university degrees... The question is really if you think that some of the people who are millioners were just lucky. That may be true, but many more were early supporters and now we have a legacy thanks to them.
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January 16, 2018, 01:49:33 PM
 #187

Yes , Bitcoin millionaires deserve wealth. The amount of wealth a man posses is as a result of God's Blessing in the life of an individual. God can decide to bless any individual base on His will. The  Blessing He gives to an individual depend on what He decides to allow for an individual. Being a millionaire does not rule you out of deserving wealth, it is true that  they even  invest more and also make more money through their investments. It also apply to bitcoin millionaire that they actually deserve their wealth.

I hate this kind of thinking, because it could be so dangerous. If a person is rich, it's because want of them, so they deserve it. If a person is poor, missing an arm, etc, they deserve it.

Teach that type of thinking to society and soon you'll have young many people growing up with the attitude of "Fuck that fucking asshole, he's missing an arm, lets beat the shit out of them. Or "I'm rich, I can treat people who have less than me however the fuck I want, because I deserve my wealth and they deserve their misery.
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January 16, 2018, 02:04:51 PM
 #188

Yes, BTC is the same as other more concrete businesses. BTC has known the public at large. it's fair enough and of course there are different risks from other businesses no less important to learn and anticipate. Mental high is also needed to deal with it all.

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January 16, 2018, 02:47:38 PM
 #189

Yes, ofcourse. They may lack something but that doesn't change the fact that they have tried different ways to achieve what they have now. Everything in the internet is risky, and I think they are that wise to succeed in their chosen field. The bottomline is that they deserve it because they actually tried to go beyond their limits.

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January 16, 2018, 02:57:59 PM
 #190

i think they deserve it because they work hard on it because it was investment like other investmen method and people who worked hard will get the big thing too

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January 16, 2018, 02:58:24 PM
 #191

Well yeah they deserved it! It's like winning lottery to them and to us it's like watching someone else winning lottery. Bitcoin millionaires are usually early adopter or early investor, they took their risk way before everyone else.

Yeah, bitcoin millionaires deserve their wealth.

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CherRic
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January 16, 2018, 03:02:50 PM
 #192

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?
That's a well-deserved wealth for those who became millionaire in Bitcoin. Having a knowledge in exonomy or business doesnt guarantee of becoming millionare. It is all about your hardwork and persistence in investing and keeping your eyes on your investements. Anyhow, their money comes from legal way and they dont abuse anyone.
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January 16, 2018, 03:09:41 PM
 #193

A) Yes, they are the chosen ones  Cool
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January 16, 2018, 03:10:30 PM
 #194

In my own opinion, I think they really deserve it especially to those who are still holding even in so many fluctuations of its value. They deserve it because it's their choice they made so to those who doubt it and just says it's only a bubble then it's their regret for letting it go such big opportunity they missed. Everything is a choice it's whether giving up or taking risks and face every hardships.
DrGuns4Hands
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January 16, 2018, 03:16:23 PM
 #195

Definitely yes. It takes time, patience, and responsibility to reach where the place they are now. They focus too much on it so when they came up to the society, they have experience and knowledge on how money will be putted.
StarLawl
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January 16, 2018, 03:26:07 PM
 #196

Bitcoin millionaires are those who HODL in rough times (like now) and bought the dip. They are extremely well adapted to the crypto market and does not have weak hands even though the value of what they are holding has dropped and risen several times they believe in BlockChain technology and that this is the new value. Ofcourse the banks are threathened by them, no matter the dip, no matter what the banks or finance business try to do - they continue to HODL.

They deserve their wealth - I really hope they do jump ship to the "next" crypto. So they will continue to be the pillars - the ground floor that does not sell or show weak hands no matter what.

So stop being so envious those who are, and be glad they are HODLING - because they do not sell - no matter the drop.

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January 16, 2018, 04:27:30 PM
 #197

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 that the luck factor here is the same as in the casino. People who easily earned their money and did not become financially literate will most likely lose them soon.

cherryganda
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January 16, 2018, 04:29:52 PM
 #198

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?
ANYOE not just in the crypto community deserves their millions or billions as long as they are not doing crimes, let's respect them and be happy for them, soon we will have the wealth they are having now with this cryptocurrencies chances are so big, opportunities everywhere. Do what you want and need to do to make millions here.
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January 16, 2018, 04:49:28 PM
 #199

Yes, of course. They gave so much time and effort for their income. Knowledge is also needed here. Its not that simple like what others think. Patience and how responsible you are are tested. It is like a stock market, brain is your investment.   
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January 16, 2018, 05:00:21 PM
 #200

Why not bitcoin millionaire's deserve they wealth after all it is the efforts that give birth to the wealth they are enjoying today, they took risk when others where still sleeping and now is they reward time. When the price of bitcoin was nothing to write home about this few millionaire's we are having no invested the huge capital in bitcoin in other to Change the financial future and now the investment is paying them.
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