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Author Topic: Who will benefit the most from bitcoin/cryptocurrency?  (Read 3857 times)
xbiv2
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September 12, 2018, 11:25:39 AM
 #461

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Who will benefit the most from bitcoin?
People.

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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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September 12, 2018, 11:26:55 AM
 #462

Bitcoin isn't assume to be prescribed to amateur without a specialized and the hazard level of it as a type of speculation. Suggesting bitcoin at let say 8000$ and a companion put resources into it , on the off chance that it begin getting to 6000$ for around 2 months while despite everything he holds his bitcoins, by what method will he feels? also, in the event that it never ascend back to 8000$ then it implies that he will be frustrated.
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September 12, 2018, 11:29:55 AM
 #463

I have a friend who is interested in getting into bitcoins but he does not have a lot of savings or any major investments. He also has a lot of debts to pay and has an average wage job with a family of 4 to raise. When we were talking yesterday, I thought: who really would benefit the most from investing in bitcoin or cryptocurrency? Can those who are like my friend get into bitcoin even though he has no major investment? Or is bitcoin only for those who can afford it?

For me, Bitcoin is considered being helpful for the society including poor, average, and rich. Thus, rich people who are capable of investing large amount of value will surely result to a much higher amount of value when entering to the market. On the other hand, average and poor people will benefit their capacity of living by the opportunity given by the system of Bitcoin. Opportunity for jobs to easily gain and acquire money. Moreover, Bitcoin really improve technology in our world which will later benefit the whole community.
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September 12, 2018, 11:35:05 AM
 #464

well, those who really benefit the most from bitcoin or cryptocurrency are people who have studied the market trading trends for awhile to understand and know when to invest and how to invest to gain the maximum benefits. Cryptocurrency is not those who think they can become a millionaire within months with cryptocurrency.
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September 12, 2018, 11:38:10 AM
 #465

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Who will benefit the most from bitcoin?
People.
Fact is, many people are still unaware of cryptocurrency aka Digital Currency. People need to be educated about it to be able to apply it to their lives.When used properly and fully understood it would be the initiator of many emerging systems that will fundamentally change our global economic system.
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September 12, 2018, 11:48:02 AM
 #466

Investments in bitcoins are available to everyone. But I would recommend investing only those funds that will not be needed in the near future. Otherwise, there is a risk of selling bitcoins ahead of time, and not having received a profit

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LittleMermaid
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September 12, 2018, 12:05:54 PM
 #467

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Who will benefit the most from bitcoin?
People.
Fact is, many people are still unaware of cryptocurrency aka Digital Currency. People need to be educated about it to be able to apply it to their lives.When used properly and fully understood it would be the initiator of many emerging systems that will fundamentally change our global economic system.
Wise words.
gamechangers
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September 12, 2018, 12:16:39 PM
 #468

Your friend does not have to wait till he has a huge amount before investing into bitcoin or any other cryptocurrencies. He can just invest the little he has wisely because by waiting, he may end up not investing at all and yet spend the little money he has on something else.
BitcoinPanther
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September 12, 2018, 04:51:12 PM
 #469

Bitcoin is for anyone who wants to learn and work hard on Bitcoin. If you doesn't have enough capital to invest in Bitcoin then I suggest working from a small age first the important thing is to have a big intention to succeed in Bitcoin. Bitcoin provides opportunities with small investments even in 10 dollars or 15 dollars can be traded. The problem is that in commercial law you want big profits to have big capital. People who have a lot of money remain the most profitable.

Indeed. As much as bitcoin gave everyone the chance to work within the bitcoin land without any restrictive impairments, capital investment will still dictate the amount of profit.

And in this manner, as sad as it is, Bitcoin seems to favor the wealthy and financially able more. Yet, trying to jump into bitcoin pool with the little extra cash you have is much more wiser than investing more by acquiring loans and credit.

Thus, we can perhaps safely state that bitcoin/cryptocurrency will benefit the wise and well informed.
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September 12, 2018, 05:21:46 PM
 #470

I have a friend who is interested in getting into bitcoins but he does not have a lot of savings or any major investments. He also has a lot of debts to pay and has an average wage job with a family of 4 to raise. When we were talking yesterday, I thought: who really would benefit the most from investing in bitcoin or cryptocurrency? Can those who are like my friend get into bitcoin even though he has no major investment? Or is bitcoin only for those who can afford it?
Sorry to say that but it seems that your friend will not be able to afford at least a couple of btc and benefit from their skyrocketing in the long run.
Instead I would suggest investing in cheaper coins and get this lesser but more stable profit from daily trading, for example. Just help him with the basics of trading and let him invest, say, $100 in the first run.
NavigateSamurai055
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September 12, 2018, 05:45:26 PM
 #471

I personally think in the world of crypto currency those who have good knowledge about blockchain and also the market of crypto get maximum benefit.
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September 13, 2018, 03:03:04 AM
 #472

The investors will benefit most from bitcoin/crypto currencies because they are the ones who buy and sells the crypto currencies. If we will not invest definitely we will not get any benefits.

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September 13, 2018, 03:23:01 AM
 #473

everyone can join the world, by investing in bitcoin and bitcoin trading with money everyone can do that. If you invest and trade in small amounts, you will get a small profit, but if you invest with a large amount of your opportunity to make big profits
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September 13, 2018, 03:29:40 AM
 #474

The investors will benefit most from bitcoin/crypto currencies because they are the ones who buy and sells the crypto currencies. If we will not invest definitely we will not get any benefits.
all people who invest in the world of bitcoin. and everyone gets a lot of benefits in investing. and they sell and buy coins that are mutually beneficial.
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September 13, 2018, 03:33:35 AM
 #475

Even if you do no longer have a large capital now to put money into bitcoin, you may nevertheless attempt to shop for what you can most effective afford for now. And yeah there may be absolute confidence that humans who've huge investments in bitcoin will gain plenty.
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September 13, 2018, 03:37:56 AM
 #476

In my opinion, anyone can benefit from a bitcoin. The most important people should be knowledgeable about the bitcoin before starting their investments. If they will invest without having any knowlege how it work then the precentage of success is very low. A hard work, proper research and curiosity can do a good job to benefit from the crypto investments.

ice18
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September 13, 2018, 03:46:11 AM
 #477

If you did not put your money into bitcoin then you will never benefit from it once the price increase periodically the only people who benefited from btc are the believers, the holders threat your money like a time savings deposit in bank when you bought btc store it in a safe place for a long time and ignore all the news what is happening. 

seramania
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September 13, 2018, 03:51:33 AM
 #478

the most benefited are investors and traders, because I think those with large capital can get high profits and also maximum profits. so they actually have the advantage

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September 13, 2018, 03:53:55 AM
 #479

if in my opinion they have big capital and can play the crypto market. they are the ones who get the most profit. and the person who created bitcoin / cryiptocurrency

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September 13, 2018, 04:09:47 AM
 #480

The investors will benefit most from bitcoin/crypto currencies because they are the ones who buy and sells the crypto currencies. If we will not invest definitely we will not get any benefits.
Yeah all investors will benefit if they are smart in managing their investments. if who is most profitable is certainly an early investor
because they could buy bitcoin at a very cheap price. if I can go back to that time I've bought hundreds of bitcoin for just $1k
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