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Author Topic: You're not wealthy yet, so you're not allowed to be wealthy  (Read 2846 times)
Aldrinx00
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May 12, 2018, 10:48:21 AM
 #221

I don't think there were any rules that you must be rich to invest in ICO, it implies that some country cannot invest in ICO because their government ban to do so. As long as you have enough funds and your country is allowed you can invest in ICO.

kipo
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May 12, 2018, 10:53:11 AM
 #222

I don't think that this statement is correct because it depends on the goals, if they are set the right way you can always achieve goals and if you are motivated,  you can become wealthy anytime. Sure that there are many factors that should be taken into account but nothing is impossible
Crypdon
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May 12, 2018, 10:57:49 AM
 #223

The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law

I think you must have misread the ICO rules. The usually do a pre-sale for large investments offering a good discount in the process. A presale investment will attract public investors as the project is more likely too succeed if they have a minimum amount already. Also it gives an increased element of trust
kauban2018
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May 12, 2018, 01:06:20 PM
 #224

In the reality not all businessmen that becomes wealthy raised in a wealthy family. Some are just an ordinary people who have the dreams in life that someday they can provide more than what they needed. Example, Mr. Henry Sy he is now of the wealthiest businessman here in the Philippines yet he started from being a shoemaker that have the passion to work hard and have the dreams in life. He already established 33 SM Malls in the different part of the Philippines owns Banco De Oro-EPCI Back and majority share in China Bank. Therefore, I don't believe that only wealthy people have the rights to invest and be wealthy.
stammeramusing8
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May 12, 2018, 03:23:13 PM
 #225

I didn't hear about such a meaningless law. May it be Fraud or something! I don't really know.
Dudeperfect
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May 12, 2018, 03:42:27 PM
 #226

To be honest, I don't see anything wrong with allowing someone with the high amount of money to buy call at a comparatively lower price. That's how the market works. Even in the category of manufactured goods, you get some discount just because you are buying in bulk and it is reducing the cost of the seller in dealing with the smaller orders and he would definitely give that advantage to you in the form of discount under a bulk deal category. This rule applies in the case of crypto too and it reduces the operational cost of the company and company offers you some discount in pre ico deals.
19Nov16
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May 12, 2018, 04:04:55 PM
 #227

In life we must always think positive, to be rich of course everything good and legal certainly legitimate to do, the presence of bitcoin and cryptocurrency become the right tool to be able to realize all our expectations, I'm sure that if now not rich then one day we will become rich.


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Inkdatar
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May 12, 2018, 04:17:53 PM
 #228

In life we must always think positive, to be rich of course everything good and legal certainly legitimate to do, the presence of bitcoin and cryptocurrency become the right tool to be able to realize all our expectations, I'm sure that if now not rich then one day we will become rich.
This is true as a person were allowed to be wealthy just gives your time, effort and determined to be success. Being wealthy it took time to achieve our goals, to meet out expectations in life. It requires hardwork actually without this it cannot achieve what we wanted in life.
South Park
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May 12, 2018, 10:13:08 PM
 #229

I don't think there were any rules that you must be rich to invest in ICO, it implies that some country cannot invest in ICO because their government ban to do so. As long as you have enough funds and your country is allowed you can invest in ICO.
The opener is complaining about some icos that require that you have at least some amount of money in order to invest in it, I do not remember seeing a lot of icos like that but I have seen some, it doesn't really bother me because after all they can implement any rules that they want but that certainly is not going to make their icos very popular.

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bajingluncat
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May 13, 2018, 12:40:18 AM
 #230

I think it's just a proverb that applies to people who think narrowly, I have never read such rules, which I know as long as he has the capital he can do this business, no matter how poor or rich may differentiate if oang is rich in capital expended bigger than people who just started they definitely have funding limits, but I think it is not humane if there are rules that prohibit people to rich
Indai24
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May 13, 2018, 01:34:57 AM
 #231

I think it's just a proverb that applies to people who think narrowly, I have never read such rules, which I know as long as he has the capital he can do this business, no matter how poor or rich may differentiate if oang is rich in capital expended bigger than people who just started they definitely have funding limits, but I think it is not humane if there are rules that prohibit people to rich

You're right, everybody deserve to have a better life, and ofcourse being poor is not a hindrance to become wealthy, instead, this will serve as your inspiration to continue and pursue your target.
inthelongrun
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May 13, 2018, 01:51:59 AM
 #232

I don't think there were any rules that you must be rich to invest in ICO, it implies that some country cannot invest in ICO because their government ban to do so. As long as you have enough funds and your country is allowed you can invest in ICO.
The opener is complaining about some icos that require that you have at least some amount of money in order to invest in it, I do not remember seeing a lot of icos like that but I have seen some, it doesn't really bother me because after all they can implement any rules that they want but that certainly is not going to make their icos very popular.

We cannot really blame some ICOs doing it. I meant no offense but it is just like in the stock market IPO where people or companies reserving huge volumes are given priorities. Maybe because it can make the process easier. There are lots of offering out there so we can just ditch them if we are not given the chance to participate. Plus we can just buy them once they are in the open market. Who knows it will fall a little in prices.  Grin

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David Way
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May 13, 2018, 01:55:26 AM
 #233

government is trying to prevent people with small capital (read this: hard earned money) from loosing it all in scam projects...


Although it is not a perfectly regulated world right now and I understand the frustration, but hopefully things will change soon.
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May 13, 2018, 02:04:54 AM
 #234

The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law
,,,If a person not wealthy yet he/she should not  lose hope to become rich, but if the person losing to achieved this kind of opportunity, he/she will not allowed to be  wealthy because the lack of interest and without perseverance to reach the goal. So it's like a race don't give up.
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May 13, 2018, 02:08:47 AM
 #235

I think I read about this.. But which other countries has the exact same regulation apart from USA? Do you know?
molsewid
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May 13, 2018, 02:11:18 AM
 #236

The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law
It is depends upon the situation if you can buy a little why not they accept you they need people to support their marketing supplies although if they didn't succeed at the first place the whole ico will be scammed and people will become worthless again. Much better if you are going to invest a little those people who aren't wanting those little to invest are the one who are disclamair for npthing.
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May 13, 2018, 02:36:00 AM
 #237

The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law
,,,If a person not wealthy yet he/she should not  lose hope to become rich, but if the person losing to achieved this kind of opportunity, he/she will not allowed to be  wealthy because the lack of interest and without perseverance to reach the goal. So it's like a race don't give up.
Yes, as for now i dont have wealth except only for having my family with me.I consider them my wealth.If i will believe on you that I'm not allowed to be wealthy,you are totally wrong.I have all the right! I will pursue my dreams to live my life with convinience.
v3liana
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May 13, 2018, 02:38:21 AM
Last edit: May 13, 2018, 03:46:12 AM by v3liana
 #238

Its true its easier for wealthy people to become more wealthy than poor people and thats how our world works. But you can try to become rich by doing the best that you can do to make your life better and better.

The cure
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May 14, 2018, 01:20:36 AM
 #239

Eithier rich or poor people can earn profits with the bitcoin,everyone have a opportunity to be wealthy. As long as the poor people can understand how to participate in any forum where they can earn tokens. There's so many poor people that even they can not afford to go to school for their studies,they also learned in their own,how to read,write  and speak english even a little,and the other benifits of the forum,they can improve their english skills while participating and completing of all tasks that needed.
BlinkLifeHippo
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May 14, 2018, 04:53:30 AM
 #240

Whatever you do just leave out btcs ICOs. They dont worth your time. And wont also make you millionaire.
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