Bitcoin believers/investors are foolish or low IQ people ?

[Leh-Meh]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

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[xvids]

How could you address them as a low IQ people if they are making more income compare to a regular wage earner?
I am not saying that those people who are regular wage earner are low IQ or what ,
But don't you think that they know more that is why they are here and they know the potential of crypto that is why they invested on it?
Foolish ? LOW IQ? I don't think so people have been earning more in crypto and it have help so many people to change their life.

[Leh-Meh]

How could you address them as a low IQ people if they are making more income compare to a regular wage earner? I am not saying that those people who are regular wage earner are low IQ or what ,But don't you think that they know more that is why they are here and they know the potential of crypto that is why they invested on it? Foolish ? LOW IQ? I don't think so people have been earning more in crypto and it have help so many people to change their life.

An American paid $179,000,000 for a naked painting. Hard earned money goes to useless people because of gambling/ponzi/casino and serious mental illness at high levels.

[TheNewAnon135246]

Did you get rekt during the past bear market?

[peter0425]

I don't understand your logic, how can you say that bitcoin investors are foolish or low IQ when you yourself said that the price goes from $1 to $5000? Isn't it a good investment then? Maybe what you mean is that people investing on bitcoin is foolish because they don't know the risk. But personally, I joined in 2017, wait till the price peaked at $19k and then book the profit. Can you categorically call in foolishness or being smart investor? 

[dothebeats]

Yes, perhaps most of them are gullible and stupid enough to believe that this certain cryptocurrency would go on and fare prices unimaginable to the 'rational thinkers.' Oddly so, these same dumb people turn out to rake in most profits over anyone else just because of the fact that they are idiots believing the herd. Lucky me, I was one of those idiots who believed in bitcoin's potential as an investment and had been raking the rewards ever since. You can't expect people to think like you, and that's why the things we do might seem dumb to you but for the rest, we are the sensible ones because we believed, and here we are talking about bitcoin's value from $1 to $19000.

[kaya11]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

He has bad experience in the market maybe? How can you say such fooling things, then say that to the people who created 30 million wallets or more. Bitcoin can't just be stopped and it is continuing whatever you say. You can take words from people who do you like but the fact that they are mere humans ,they're not always just right and sometimes can be wrong especially in speculation.

[Thirdspace]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

I would call them as high risk takers
hyip/ponzi is based on fake business practice with no valuable underlying assets
bitcoin has real use, real value and massive network nodes supporting its system
there's a big difference between the two, and you failed to see that for whatever reason you have

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

so in a way, you are also saying that Warren Buffet is a ponzi activist/supporter
he suggests buying apple stocks to drive price up, so he can sell/unload his stocks at high price for profit

[Genemind]

Those who are saying that Bitcoin investors have low IQ are actually has a lower IQ because they do not know how cryptocurrency runs. It's not our fault if we're earning more than them who work more than 8 hours a day.
I guess it's better if we'll ignore those people.

[livingfree]

Don't generalize that all people who are in bitcoin has low IQ. Actually, people who are in bitcoin has higher IQ than an average person does. Why? how can you ever find a gold on the web that has growth enormously thas has gone through many downs.

They get jealous because they haven't bought the dip and still hoping that it can go as low as $1000. I don't mind them if they have that kind of mentality because of their hidden agenda and failure with their plans of hopping in at the lowest.

[rdluffy]

Ok, what are you doing here on BITCOIN talk?

You can think what you want, but BTC is not only for pump and dump, or to make money, if you are a person who have some IQ, you'll notice that there's an entire ecosystem based on BTC

[figmentofmyass]

Did you get rekt during the past bear market?

lol, my thoughts exactly. this guy got rekt so bad.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

shares in a ponzi scheme don't have utility and aren't used as money. stop thinking about bitcoin in terms of its dollar gains---its properties are not defined by the price. the entire notion of money is a group of people deciding to put their faith in an asset, whether it be gold, shell money, dollars, whatever. if other people decide that bitcoin is money and start valuing it as such, calling it a ponzi isn't going to erase that fact.

[mk4]

The Bitcoin community is growing continuily, slowly but steadily. Hence, you really can't generalize. Just as with any other asset class and other industries, there's going to be both actually smart and experienced investors, who actually knows and understands the ins and outs of Bitcoin technically and economically, and at the same time, there will be those degenerate investors too; buying bitcoin solely because some YouTuber told them too, expecting the prices to increase just because.

[Leh-Meh]

Did you get rekt during the past bear market?

OK, Bitcoin people are mentally ill like Warren Buffet.

[pushups44]

How could you address them as a low IQ people if they are making more income compare to a regular wage earner?
I am not saying that those people who are regular wage earner are low IQ or what ,
But don't you think that they know more that is why they are here and they know the potential of crypto that is why they invested on it?
Foolish ? LOW IQ? I don't think so people have been earning more in crypto and it have help so many people to change their life.

The OP likes to make broad statements about bitcoin without backing them up with sources or data. I mean, how can bitcoin investors have a low IQ? Most people don't even invest, because investing is generally for high IQ people with a low time preference.

[pushups44]

Did you get rekt during the past bear market?

That's my hypothesis about the ill-informed posters who keep on comparing bitcoin to a Ponzi scheme. They or people they know jumped in during the market highs and sold during the market lows without having done proper research, and they have been bitter about the industry ever since.

[stompix]

Let's make your topic a bit accurate.
It needs a simple word change:

ICO believers/investors are foolish or low IQ people !

Well, that's starting to make a lot more sense!  

Did you get rekt during the past bear market?

He is First77
Author of a few very "interesting" topics

Don't generalize that all people who are in bitcoin has low IQ. Actually, people who are in bitcoin has higher IQ than an average person does.

You say don't generalize and 3 seconds later you generalize.
I don't know why somebody would even bring up the IQ argument.

# Thirdspace said it better, they are risk-takers. Smart, stupid, does\t matter, the only thing we have in common is that we have risked some money. Some of us with gains, some have lost by buying and selling at the wrong time.

What about them, did they have a high IQ because they invested in Bitcoins but they have a low IQ cause they've sold?
How is that working out?

[CryptoBry]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything. $1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.
Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver. Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

I find it funny how you describe Warren Buffet like a fool and yet he is very successful on what he is doing. Actually, Warren Buffet is like you as he doesn't believe on bitcoin and its potential both as a currency and a store of value. Lucky for us, bitcoin is now an unstoppable force though it is not really perfect and can be risky if one is not careful -- anything that can be very rewarding has more chance it can really be risky. So my advice to anyone afraid to lose money and not seeing the reward potential: there is no need to be a part of the bitcoin train. Bitcoin is open to all but not all can be open for bitcoin...a fact that is shared also with any other investment vehicle. By the way, how do you define a PONZI?

[Indrawan77]

Well many people already make a tons of profit using bitcoin, there are so many stories where people got a better life because of bitcoin, bitcoin is not only for currency, it also create a new payment system, it gives a freedom to used, if you can see the potential then you will realise that the investors are making the smart move

[Shinpako09]

Well many people already make a tons of profit using bitcoin, there are so many stories where people got a better life because of bitcoin, bitcoin is not only for currency, it also create a new payment system, it gives a freedom to used, if you can see the potential then you will realise that the investors are making the smart move

I believe op was once a bitcoiner and has a bad experience on it. Maybe his/her investment has gone and didn't became successful as others. That's why he is saying such things on btc and us. A perfect example of a losser who can't accept defeat. How can you say bitcoiners are fool if they are making money in btc more than their daily job.

[Leh-Meh]

He is First77
Author of a few very "interesting" topics

I will appreciate it if I get some "merits" here. I need them for a good start 

[Cacingkemi]

Investors have IQ above the average, they know by assessing and evaluating not the origin of investment. How do you conclude like that, look at the system that BTC brings and see the success of people who invest in BTC. You see more projects in smart people in a business environment that they seem to have a IQ. You must deepen this industry so that you can better take advantage of BTC.

[iMark]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

I would call them as high risk takers
hyip/ponzi is based on fake business practice with no valuable underlying assets
bitcoin has real use, real value and massive network nodes supporting its system
there's a big difference between the two, and you failed to see that for whatever reason you have

You right, Ponzi / MLM business scheme, they don't sell anything other than that system, providing benefits from joining people, the last person joining will be suffocated, while bitcoin is an innovation for payments and currencies (decentralitation, anonymous,and etc), that's the selling point of bitcoin. it is precisely people who are smart who invest in crypto!

[Leh-Meh]

You right, Ponzi / MLM business scheme, they don't sell anything other than that system, providing benefits from joining people, the last person joining will be suffocated, while bitcoin is an innovation for payments and currencies (decentralitation, anonymous,and etc), that's the selling point of bitcoin. it is precisely people who are smart who invest in crypto!

What happened to people who bought Bitcoin at $15000 or $12000 ??

[pushups44]

He is First77
Author of a few very "interesting" topics

I will appreciate it if I get some "merits" here. I need them for a good start  

The only reason for anyone supposedly against crypto wanting some merits is to perhaps join a signature campaign, which will allow you to EARN crypto.

So you want to earn crypto?

I like gold, but if I was really into gold and didn't like bitcoin I probably wouldn't be spending any time here. Instead, I'd be spending every minute hoarding silver - which is tied to gold.

You obviously are not clear about your motives.

[pushups44]

You right, Ponzi / MLM business scheme, they don't sell anything other than that system, providing benefits from joining people, the last person joining will be suffocated, while bitcoin is an innovation for payments and currencies (decentralitation, anonymous,and etc), that's the selling point of bitcoin. it is precisely people who are smart who invest in crypto!

What happened to people who bought Bitcoin at $15000 or $12000 ??

The same as people who bought gold at $1,900 and silver at $50. They can dollar-cost average if they believe in it.

[akram143]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

if a person trust something then there will be lots of reason behind it otherwise don't underestimate anything and field is always a chance giving opportunity for a person who are in trouble situation in this case no one will say cryptocurrency will not been a profitable way to make anyone life.

[mu_enrico]

How about Bitcoin users? They belong in which group?
I know you are just trolling here, but please give some good arguments before the conclusion.

How can you judge the IQ from a population only from a small sample, i.e., a small group of forum users with their irrational price predictions?

[coin-investor]

Did you get rekt during the past bear market?

I think he is, posting a lot of sarcasm on his post this is what you get when you've lost big time and you don't know why you've lost a lot of money or he just wants to promote awareness of his website,  that's why he is posting challenging thread.

[Leh-Meh]

I think he is, posting a lot of sarcasm on his post this is what you get when you've lost big time and you don't know why you've lost a lot of money or he just wants to promote awareness of his website,  that's why he is posting challenging thread.

You got it right. My website with all the information, video, events. People must read it. Look at my hard work and not $10 to $5000 in 10 years.

[Rufsilf]

How could you address them as a low IQ people if they are making more income compare to a regular wage earner?
I am not saying that those people who are regular wage earner are low IQ or what ,
But don't you think that they know more that is why they are here and they know the potential of crypto that is why they invested on it?
Foolish ? LOW IQ? I don't think so people have been earning more in crypto and it have help so many people to change their life.

I totally agree, I consider crypto believers to be smart and wise considering that they're able to invest and earn money from crypto. I can say that the low IQ people or foolish are those who have been bad mouthing bitcoin/crypto or those who have been tagging crypto as a scam, crypto have helped a lot of people improve their way of living and mind you crypto trading isn't something that is for low IQ people so really don't think crypto believers are low IQ.

[ryzaadit]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

I agree with this statement, most of the investor was not really have knowledge about cryptocurrency & term condition investment. We can saw at the past from the case like "Bitconect" and other Ponzi schemes, the speculation only for the profit because of that a lot of investor getting "Rekt" at Ponzi & ICO. Also, don't forget who people always buying with fomo or crypto influencer shilling the coins, a good trader/investor always know why they put the money into the project/currency.

[andieoke]

That's a big mistake. In fact, people who invest in Bitcoin are people who have high IQs and have smart thoughts.  They are aware that this is a great opportunity for profit, where many people who think Bitcoin is a bubble or a fraud, but they put aside the opinions of these people and continue to collect Bitcoin to gain big profits and become billionaires.

[Leh-Meh]

That's a big mistake. In fact, people who invest in Bitcoin are people who have high IQs and have smart thoughts.  They are aware that this is a great opportunity for profit, where many people who think Bitcoin is a bubble or a fraud, but they put aside the opinions of these people and continue to collect Bitcoin to gain big profits and become billionaires.

Yesterday Bitcoin got banned in India. Are Indians and Indian government low IQ and foolish people ??

Now if people in India are holding Bitcoins , or selling them or even buying them , they could be jailed for almost 10 years.

[indrakusumaindra]

How could you address them as a low IQ people if they are making more income compare to a regular wage earner? I am not saying that those people who are regular wage earner are low IQ or what ,But don't you think that they know more that is why they are here and they know the potential of crypto that is why they invested on it? Foolish ? LOW IQ? I don't think so people have been earning more in crypto and it have help so many people to change their life.

An American paid $179,000,000 for a naked painting. Hard earned money goes to useless people because of gambling/ponzi/casino and serious mental illness at high levels.

Well dont think you should be here mate, we are investors so we dream high and i dont think its wrong at all, if you talk about painting its completly money laundry, you should read about money laundry, they do use painting and music to do it cause its more easier.

[Lanatsa]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

It isn't considered to be low IQ but rather a normal hesitance for people not to take actions due to possible various reasons.
Bitcoin wont never ever considered to be a global currency and would able to take over between gold and silver.
To those billionaire or traditional market big players might have their own perspective but not all the times those were  accurate.

[Adriano2010]

People will low IQ will don't know how to use bitcoin and how to get it, and bitcoin investors are smart enough that most if them get a lot of profit. And there are people with low IQ but this is it, they try survive even so, and not all people have IQ of Einstein.

[CryptoBry]

How about Bitcoin users? They belong in which group? I know you are just trolling here, but please give some good arguments before the conclusion. How can you judge the IQ from a population only from a small sample, i.e., a small group of forum users with their irrational price predictions?

OP just based his conclusion on his IQ or intelligence, of course. And we have to extend that understand to him. Trolling is a good thing to do when you are probably bored and just want to have fun and at the same promote your own site. Judging people just because of one thing they did or do or even will do is a myopic way of looking at individuals. Just because one is involved with bitcoin does not mean we can judge already that person because for all you know the person has so many interests and leanings in life and bitcoin is just a small fraction of what he is into.

[omonuyak]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

Referring to us the way you do was a kind of a hard way! I don't think investing into bitcoin or other coins is the most foolish or foolish thing to do. Bitcoin has value and it is because of the newness of it that you are seeing the volatility you are seeing in it pricing. Time is coming when bitcoin will be stable like other coins and we would all start to see that those that invest in bitcoin are wise and has taking wise investments decisions.

[jrrsparkles]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

If warren Buffet hold millions of bitcoin now,he will say in the other way,its just the manipulation to increase the value of their assets.Bitcoin is not an investment but can be act as well.

People who are holding bitcoin are not fools,they are looking for something new which can give financila freedom to this enslaving government economical structure.

[adzino]

That's your opinion and based on your replies, looks like you are just trying to force your opinion on people. Those who believe/invested on bitcoin can say the same thing to the people who hate or is against crypto currency. They can call them foolish, dumb and a low IQ people for not believing on crypto currency and having full faith on fiat currency. It's the same thing like an atheist calling a believer stupid and vise versa. But, both of them are adamant about their opinion.

[aioc]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

That somebody is an idiot, and do not know anything about Cryptocurrency, he is the one who does not anything about anything, if people in the cryptocurrency think about the profit that is part of investing in Cryptocurrency, but the majority of us here knows what is cryptocurrency and what it is used for and it's goal as a whole.

[Dontme]

Putting your money on any type of business or investments is risky, bitcoin is risky as well and not different from any other business. People are lost money because of putting money on bitcoin and some other put their money on bitcoin and earn big amount of money. What I`m trying to say is that anywhere you put your money if you want to earn profit, there is always risk. So, how can you say people who put their money on Bitcoin is low IQ or foolish?

[Ucy]

So you think this pointless psychological warfare will stop us from using bitcoin and switch to fiat currency?
IQ thing does not pay my bills my friend.  Hardwork pays

[Oceat]

So you think this pointless psychological warfare will stop us from using bitcoin and switch to fiat currency?
IQ thing does not pay my bills my friend.  Hardwork pays

Exactly!

Well, the way i see this drama is that OP wants something to argue about and i don't know if his point is to promote his website or to make some valid point about of the title. Bitcoin is still striving after 10 years and look at the price now, soon the bull market will start and we will going to see the new ATH that's beyond from the 20k before.

[candra raditya]

I don't think that people investing in bitcoin are people with low IQ but on the contrary they are high IQ people because they can see the opportunities that exist in bitcoin.

[Shenzou]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

You can't blame or categorize all of the bitcoin communityy based on what a small group of it acts or says, in our current society the ones that are dong the right thing are always hidden and don't speak and give their opinions, while the ones that are wrong are the ones who are always out there and giving wrong ideas about the community, a majority of the community is investing and doing their own thing based on their own prospective of the market and they don't go around spreading false, so this is has nothing to the IQ

[Mike Mayor]

Can people not read or something? The OP Didn't say anyone has a low IQ they asked a question "Bitcoin believers/investors are foolish or low IQ people ? " notice the ? mark you use that when asking something. -_-

Anyway OP who said people who invest in bitcoin have low IQ? Where did that question come from? Has someone said this to you? Please expand.

[Leh-Meh]

Anyway OP who said people who invest in bitcoin have low IQ? Where did that question come from? Has someone said this to you? Please expand.

That ? shows people are not reading properly. Bitcoin people saying Bitcoin $20,000 or $30,000 says people want money the lazy way or money from thin air/ponzi. The same for stock markets

[XFlowZion]

Those people who says that are their exact description. Billions of money? And all of them foolish or low IQ people? These guys are just envious and I think they begin saying more nasty things when bitcoin goes to the moon. But to be fair, there are really some foolish people who invest in bitcoin because they did not know anything about it at all or even gave a time to know its fundamental or background and they just bought it for the sake of the hype or get rich quick scheme.

[mitchr4]

Bitcoin users know exactly what they are doing and are ready to accept whatever risks they will get when investing in Bitcoin. So i don't think they are foolish or have low IQ. It's just a carelessness of those who want to get rich quickly in Bitcoin with investing on Ponzi scheme or suspicious investment scheme without thinking about the risks.

[shoreno]

If warren Buffet hold millions of bitcoin........

Foolish or low iq is i think will depend from person to person  . warren buffet for example is an educated guy , he is smart so he isnt a fool or a low iq person  . if he dont sell his coins at the pump , he cant still be consider as a fool/low iq but he can be consider smart or wise because he knows that bitcoin can grew more in the future and he can get alot of profit as much as when he sells his coins at an early pump  .

[wahyu wida]

If warren Buffet hold millions of bitcoin........

Foolish or low iq is i think will depend from person to person  . warren buffet for example is an educated guy , he is smart so he isnt a fool or a low iq person  . if he dont sell his coins at the pump , he cant still be consider as a fool/low iq but he can be consider smart or wise because he knows that bitcoin can grew more in the future and he can get alot of profit as much as when he sells his coins at an early pump  .

many factors that influence success in investing. in addition to intelligence, we are still faced with a psychological attack at any time with high price fluctuations. on the other hand experience also determines, if someone has experience with the market, of course he will be better prepared to face the market

[davis196]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

Dude,I was about to say that your website looks like it was made back in 1995,but I saw the sign at the bottom of the webpage and it made me laugh.So what's the real "internet heritage"?Not diving a damn about website design?
Anyway,you are right that the people only care about the bitcoin price.

[Leh-Meh]

Dude,I was about to say that your website looks like it was made back in 1995,but I saw the sign at the bottom of the webpage and it made me laugh.So what's the real "internet heritage"?Not diving a damn about website design?

I am not a designer but people are saying the website is good, beautiful. Something unique on the internet. See again and read all the topics and videos there. The website is full of gold nuggets   

[Leh-Meh]

many factors that influence success in investing. in addition to intelligence, we are still faced with a psychological attack at any time with high price fluctuations. on the other hand experience also determines, if someone has experience with the market, of course he will be better prepared to face themarket

10-year jail for buying, selling cryptocurrency in India: Report Selling, buying and/or mining cryptocurrencies will be considered a non-bailable offence, according to the new bill.

https://www.moneycontrol.com/news

[jrrsparkles]

If warren Buffet hold millions of bitcoin........

Foolish or low iq is i think will depend from person to person  . warren buffet for example is an educated guy , he is smart so he isnt a fool or a low iq person  . if he dont sell his coins at the pump , he cant still be consider as a fool/low iq but he can be consider smart or wise because he knows that bitcoin can grew more in the future and he can get alot of profit as much as when he sells his coins at an early pump  .

As far as I know Warren Buffet is against decentralized cryptos so he is not having any crypto currencies I guess.But he still tryint to be rich by using smartness that is suggesting others to don't buy so which makes he will still be the most rich person in this world.

Balantly investing on the things based on the price of anything can be considered as fooling but investing on bitcoin can be the best decision of their life time.

[Leh-Meh]

As far as I know Warren Buffet is against decentralized cryptos so he is not having any crypto currencies I guess.But he still tryint to be rich by using smartness that is suggesting others to don't buy so which makes he will still be the most rich person in this world. Balantly investing on the things based on the price of anything can be considered as fooling but investing on bitcoin can be the best decision of their life time.

A person who has 1000 bitcoins = $5,000,000 will not risk the BIG money. You can retire with $5 million.

Now who will buy 1000 bitcoin at $5000. Those big buyers has purchased 1000 Bitcoins at $30 or $50. That is how ponzi schemes/super-HYIPs collapse/crash. The same is for stock markets and billionaire Warren Buffet (buy buy buy buy)

[damberg]

Sometimes you can earn nice money on a self-fulfilling prophecy  By the way, does it seem only to me like a shameless website promotion?   

[CASTIEL05]

I just want to ignore this. But I have to express as a believer. Being risky is not being fool. Being a believer is not being a gullible. Being fool or having a low IQ doesn't depend whether you believe in Bitcoin or not. Instead of minding it, why not dig a further information before criticising.

[jrrsparkles]

As far as I know Warren Buffet is against decentralized cryptos so he is not having any crypto currencies I guess.But he still tryint to be rich by using smartness that is suggesting others to don't buy so which makes he will still be the most rich person in this world. Balantly investing on the things based on the price of anything can be considered as fooling but investing on bitcoin can be the best decision of their life time.

A person who has 1000 bitcoins = $5,000,000 will not risk the BIG money. You can retire with $5 million.

Now who will buy 1000 bitcoin at $5000. Those big buyers has purchased 1000 Bitcoins at $30 or $50. That is how ponzi schemes/super-HYIPs collapse/crash. The same is for stock markets and billionaire Warren Buffet (buy buy buy buy)

Still there are many big orders are happening on the exchanges and daily trading volume reaches billions so if you think that no one is buying bitcoin then you are going to lose benefits.The prices can be manipulated by big orders but it is happening everywhere for that we can't just call it as ponzi scheme.

[befriendmywater]

I think this is not related to each person's IQ. Sometimes they know that BTC is not valuable but they still want to hold, because they can make money from following the trend. that is the main problem. now I still know that in the future BTC will be weaker than high-tech altcoins, when more and more people are in need of crypto, then the organizers are really no longer able to attract more people.
But that's a matter of a few years later, we still earn money from BTC now and we will continue to work for it.

[binhvo1505]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

Everyone has a different mindset and different investment strategies. Whales always know that the value of BTC is zero but they still hold a lot of BTC. because now BTC is the trend and it is controlling the market. Besides, there are many altcoins paired with it and holding it will hold power.
So no one is a low IQ, just their strategy is different from you and they are making more money than you.

[stfN2128]

I feel sorry for your loss but the real question is: Do you believe in Bitcoin for the longterm or do you just invest to get rich quick. You bought at the top and cut your loss now? And now you are telling people who are much much longer in the game low iq and foolish.  
The only low iq people are the ones thinking getting rich overnight by investing in crypto...

[Muzika]

I feel sorry for your loss but the real question is: Do you believe in Bitcoin for the longterm or do you just invest to get rich quick. You bought at the top and cut your loss now? And now you are telling people who are much much longer in the game low iq and foolish.  
The only low iq people are the ones thinking getting rich overnight by investing in crypto...

There is no overnight success that should investors must know specially those people who will enter crypto because for them they can earn good numbers in just a day. But let us not set aside that there are also peoples who can make money thru trading specially if they already know how to trade and also had a patience to do it.

[congresowoman]

Not to say that they are low IQ and or foolish people but, Investing in things like bitcoin is also the same as investing in stock market. You do not get to be a foolish person investing on stocks blindsided. we study first the market and the movement of the stocks before we invest right? same thing in cryptocurrency and bitcoin. This is not simple play but this is a game requiring intelligence and strategy, and a whole lot of patience.

[EdenHazard]

Anyway OP who said people who invest in bitcoin have low IQ? Where did that question come from? Has someone said this to you? Please expand.

That ? shows people are not reading properly. Bitcoin people saying Bitcoin $20,000 or $30,000 says people want money the lazy way or money from thin air/ponzi. The same for stock markets

$20.000, $30.000 or $50.000 are speculation, bitcoin is an investment which based on speculation. I still remember when somenone said thay bitcoin will have a high price in 2017 and he said it at 2015 ago and he had a right predict. If you have low IQ why you came here? Also I don't know why people say bitcoin just for people who has a high IQ because it is not true. Bitcoin can be learn easily if somenone has an appetency, there are many source that can be found on internet easily to know how bitcoin work and why its price has a high price comparing to money fiat such as USD or Euro.

[pinoyden]

Not to say that they are low IQ and or foolish people but, Investing in things like bitcoin is also the same as investing in stock market. You do not get to be a foolish person investing on stocks blindsided. we study first the market and the movement of the stocks before we invest right? same thing in cryptocurrency and bitcoin. This is not simple play but this is a game requiring intelligence and strategy, and a whole lot of patience.

What you mean is that people that invest on cryptos are smart and wise  but there are people that act like they are not smart  .  those people are blindly investing on other coins that are not tested , some are do panic selling or selling at a loss  . idk if what is their problem but let them to what they want .  we must only foccus on our own business  .

[SirLancelot]

I'm guessing maybe you're among those that are hating on Bitcoin and investors because you missed the train to invest early and make huge profit. So you're here saying that Bitcoin investors are people with low IQ. Well, I'm cool with that, cause I think it is better for me to be on a low IQ and be making millions of dollars than to be someone with high IQ and broke as hell. Some day you will just feel depressed cause your iq is leading you nowhere and you just commit… well never mind. You already got where I'm heading to, it's just better to make money and that's it. So you better invest instead of talking about who is having high IQ and who's got the lower IQ. All that doesn't make any sense as long as they are not paying.

[smyslov]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

You don't have to defend because they have not made up their mind that Bitcoin is a Ponzi scheme, don't go to their level you have nothing to gain, let the media and adoption takes it course and eventually they will be surprised,  back them some people think the internet is possible, but look now those unbelievers are now believers.

[mazdafunsun]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

I am not sure what exactly is your opinion.
But talking about apple stock vs bitcoin, just think how much money apple stock should get invested to go much further. Recently it hit 1 TRILLION USD valuation. There is no unlimited source of money in the world, it can NOT keep going up for ever. On other hand think of how much BTC would cost if it hit 1 Trillion in valuation.

So no, BTC has much more upside potential than some Apple stock.

[unusualfacts30]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

I don't think IQ has nothing to do with it but there are people who would think anyone who believes in ____ (list any alt coin) has low IQ. I would suggest you ignore those people and focus on what's good for you.

[Apes]

first think first learn how cryptocurrency works and You just entered this forum as if you have understood everything and said users cryptocurrencies had low IQ. Seriously. i think you are try to increasing your web traffic.

[freedomgo]

Says by the people who does not understand about bitcoin.

I am proud to say that I am a believer and as I believe I proved that I can take a risk by investing in bitcoin.
This isn't a ponzi one as in my early times in crypto, I have invested in ponzi and I failed, bitcoin never failed me.

[guoyu78]

Yes, the bitcoin believers are totally moronic people. For example I am myself fully in crypto, I have been in this scene for over 6 years and have been freelancing for 3 years and made more money than I have ever made in my entire life and capable of going to vacations every year and have been living life much better than I ever lived which means I must be an idiot to trust bitcoin...

I can understand the resentment from people who missed out on bitcoin and they are sad that they are not like me who invested early and worked for it but just because you missed the chance and just because others are living a great life that you had the chance but failed doesn't mean you should be claiming they are idiots, its you that missed out not us, we are doing great.

[syamster]

Not to say that they are low IQ and or foolish people but, Investing in things like bitcoin is also the same as investing in stock market. You do not get to be a foolish person investing on stocks blindsided. we study first the market and the movement of the stocks before we invest right? same thing in cryptocurrency and bitcoin. This is not simple play but this is a game requiring intelligence and strategy, and a whole lot of patience.

What you mean is that people that invest on cryptos are smart and wise  but there are people that act like they are not smart  .  those people are blindly investing on other coins that are not tested , some are do panic selling or selling at a loss  . idk if what is their problem but let them to what they want .  we must only foccus on our own business  .

Yes we all are wise and we are good master of it, it only need wise decision to get in investing and trading, all of us are good but we get suffer because of miner mistakes, after investing it is not good to sell for panic because price can change anytime, with time we will learn more stills, so better don’t worry time makes us learn being wise but at begging try to avoid taking foolish decisions.

[uneng]

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

Bitcoin is a decentralized currency, it's very normal to have high volatility, it's part of the decentralization nature. If you don't want high volatility you can use fiat, but don't call bitcoin a ponzi scheme, because it's not.
In a ponzi scheme you have nothing else than money being distributed among people, there isn't a product behind it. Bitcoin is the product, it's the currency, it has an usage and for this simple reason it can't be considered a ponzi scheme already. If you want to think it's foolish, that is fine, it's your own decision to think what you want.

[Ranly123]

Those prices are just predictions and not the actual price of Bitcoin. If anything they say would come true then that would be a bonus. Call people low IQ is not a good way to cuss them.

[BitHodler]

I can understand the resentment from people who missed out on bitcoin and they are sad that they are not like me who invested early and worked for it but just because you missed the chance and just because others are living a great life that you had the chance but failed doesn't mean you should be claiming they are idiots, its you that missed out not us, we are doing great.

Long term speaking, there hasn't been a time where you can say that you missed the chance to make solid profits. It all comes down to buying and having patience with how you can't ever perfectly time the market.

If you dollar cost average your entry points instead of going big in one go, you'll be able to benefit from dumps too, and these lower your average buying price leading to higher future profits.

People need to get over not having bought below $1000 or any other low level. Even if you bought at $6000 before we dumped to $3000 last year you would be in the profit right now. I'm sure many people wish they bought at $6000 now. 

[Finestream]

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

Bitcoin is a decentralized currency, it's very normal to have high volatility, it's part of the decentralization nature. If you don't want high volatility you can use fiat, but don't call bitcoin a ponzi scheme, because it's not.
In a ponzi scheme you have nothing else than money being distributed among people, there isn't a product behind it. Bitcoin is the product, it's the currency, it has an usage and for this simple reason it can't be considered a ponzi scheme already. If you want to think it's foolish, that is fine, it's your own decision to think what you want.

Right.Just let others think that way while we,bitcoin enthusiasts,continue to generate profits in bitcoin.People who believed in bitcoin are not foolish or low IQ.We only want to take risks because we really believe in the potentials of bitcoin and that would finally make us gain huge profits in time.This is not a ponzi scheme because a lot of people have proven this already.

[Aldrinx00]

If bitcoin believers/investors are low IQ people then it's good to be one because those people are earning that much compare to people working on a companies with a boss. I think it's better to say that people who are into bitcoin are risk takers and have courage to do what they want with their money.

[brotherwood12]

that too rude for calling bitcoin belivers/investor are foolish or low iQ , they have their plan about it and maybe get their own analysis

[Leh-Meh]

that too rude for calling bitcoin belivers/investor are foolish or low iQ , they have their plan about it and maybe get their own analysis

Since 2015, I did not get $2000 donations for my website. That is 10 times more rude.

[Mike Mayor]

I am very foolish and my IQ is so low. I hold many cryptos so I must be a super idiot. It is cool that being foolish mad eme profit though. Imagine if I was clever and invested in fiat? I would be so rich by now.

that too rude for calling bitcoin belivers/investor are foolish or low iQ , they have their plan about it and maybe get their own analysis

Since 2015, I did not get $2000 donations for my website. That is 10 times more rude.

LOL!!

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

Bitcoin is a decentralized currency, it's very normal to have high volatility, it's part of the decentralization nature. If you don't want high volatility you can use fiat, but don't call bitcoin a ponzi scheme, because it's not.
In a ponzi scheme you have nothing else than money being distributed among people, there isn't a product behind it. Bitcoin is the product, it's the currency, it has an usage and for this simple reason it can't be considered a ponzi scheme already. If you want to think it's foolish, that is fine, it's your own decision to think what you want.

Right.Just let others think that way while we,bitcoin enthusiasts,continue to generate profits in bitcoin.People who believed in bitcoin are not foolish or low IQ.We only want to take risks because we really believe in the potentials of bitcoin and that would finally make us gain huge profits in time.This is not a ponzi scheme because a lot of people have proven this already.

bitcoin is based on buying and selling for price formation, and is definitely not a ponzi scheme. the more people who believe and need it, will certainly increase the price, and those of us who invest long-term can take advantage of it

The OP is an idiot FUDSTER don't pay any attention. If bitcoin is a ponzi then fiat is even more of a Ponzi. This person doesn't have a clue and just say things to cause FUD.

[thehun]

When did you build that website? 1998? I felt some weird nostalgia looking at it 

[Leh-Meh]

When did you build that website? 1998? I felt some weird nostalgia looking at it 

From my website: 450 million websites on the internet went for modern designs and forgot internet's heritage. See there   

[xSkylarx]

I would rather be called foolish or low IQ than not invest bitcoin. My friends and relatives thinks of me like this. They laugh because I invest in a virtual currency that has no any value in the real world. It maybe true that it is not tangible but how come that many big companies and rich personalities invested on bitcoin if it really has no value. Soon they will see what they are laughing for.

[Kimonoe]

I would rather be called foolish or low IQ than not invest bitcoin. My friends and relatives thinks of me like this. They laugh because I invest in a virtual currency that has no any value in the real world. It maybe true that it is not tangible but how come that many big companies and rich personalities invested on bitcoin if it really has no value. Soon they will see what they are laughing for.

I think after you have everything, like home, car, etc., then they will beg you to teach how to get it, like 2017, where many create rich people, many stories that people want to learn about crypto world

[fortunecrypto]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.
Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

We can't stop people from thinking that way, because this forum is full of people talking about profit hodling and trading this is, in my opinion, the best part of investing in Bitcoin, because we all want to be financially free but people who talk this way are also well educated on the risk and how this technology works, you will not invest blindly or you will lose everything.

[Farma]

I would rather be called foolish or low IQ than not invest bitcoin. My friends and relatives thinks of me like this. They laugh because I invest in a virtual currency that has no any value in the real world. It maybe true that it is not tangible but how come that many big companies and rich personalities invested on bitcoin if it really has no value. Soon they will see what they are laughing for.

I think after you have everything, like home, car, etc., then they will beg you to teach how to get it, like 2017, where many create rich people, many stories that people want to learn about crypto world

well, we can't say that all investors are stupid, however, the opportunity to earn profits in the world of cryptocurrency is indeed so great. I think, people who only see this development, and only give negative comments make it worse. try to make good use of it, I think it's still very appropriate.

[Leh-Meh]

bitcoin is based on buying and selling for price formation, and is definitely not a ponzi scheme. the more people who believe and need it, will certainly increase the price, and those of us who invest long-term can take advantage of it

Satoshi Nakamoto -- "I'm sure that in 20 years there will either be very large transaction volume or no volume"

[bitgolden]

If bitcoin believers/investors are low IQ people then it's good to be one because those people are earning that much compare to people working on a companies with a boss. I think it's better to say that people who are into bitcoin are risk takers and have courage to do what they want with their money.

LOL. And that is it, if it takes me to have low IQ and foolishness to make it in this Bitcoin, I think I will gladly accept that. It must have been foolishness that has made me over 15,000 dollars in Bitcoin even after the ATH that the market went bad, and I think I need to continue with this foolishness to continue to earn more and I would rather not listen to the nonsense the OP is ranting there.

If you read the story of most of the successful businessmen and women you ever know, you will realize that these guys are deadly risk taker. We cannot get things on a platter of gold, and we cannot know what the result will be like if we do not try or take the risk.

[Leh-Meh]

The OP is an idiot FUDSTER don't pay any attention. If bitcoin is a ponzi then fiat is even more of a Ponzi. This person doesn't have a clue and just say things to cause FUD.

It is all about the game and how you play it.

[rizkyhiw]

Indeed, I will not think about such talk because it is very unhelpful and there is not much time to overcome it and what makes our seriousness to invest in Bitcoin and patience is very important to wait for something that does not improve, not everyone will be extraordinary and successful it will only be gained by most of those who dare to take risks and enthusiasm at work to sharpen their minds in a more positive way, such as investing in Bitcoin because everyone depends on the process they are following.

[mersal]

Yes we are fools and we are here for nothing,people who are saving fiat are more intelligent right.

Keeping fiat is the most stupid thing to do because before 10 years something valued $1 means now the same thing will be $10 so it losses value slowly but continuously.

[omone1]

Bitcoin is never a supper HYIP or Ponzi, just that people need to understand the technology barrier it has come to solve in our financial system, this way, we will look above the price prediction and focus on the bigger picture. It's the bigger picture that will eventually make it more valuable in the future. I just hope the money been wasted on unnecessary luxuries can be use in buying bitcoin and the private keys kept till 2030.

[trickyriky]

that too rude for calling bitcoin belivers/investor are foolish or low iQ , they have their plan about it and maybe get their own analysis

This statement (the guy's) says only about the level of his intelligence that is very low. I suppose that we must not pay attention to these posts and go ahead working with the cryptocurrencies, and trading that is a great business.

[Oilacris]

Indeed, I will not think about such talk because it is very unhelpful and there is not much time to overcome it and what makes our seriousness to invest in Bitcoin and patience is very important to wait for something that does not improve, not everyone will be extraordinary and successful it will only be gained by most of those who dare to take risks and enthusiasm at work to sharpen their minds in a more positive way, such as investing in Bitcoin because everyone depends on the process they are following.

Lots of ways to invest but overall we do have still the same goal which is profitability.This would only

matter on how a certain person do have that kind of risk taking actions because not all would really have
that kind of same point of view.

[AjithBtc]

Indeed, I will not think about such talk because it is very unhelpful and there is not much time to overcome it and what makes our seriousness to invest in Bitcoin and patience is very important to wait for something that does not improve, not everyone will be extraordinary and successful it will only be gained by most of those who dare to take risks and enthusiasm at work to sharpen their minds in a more positive way, such as investing in Bitcoin because everyone depends on the process they are following.

Lots of ways to invest but overall we do have still the same goal which is profitability.This would only

matter on how a certain person do have that kind of risk taking actions because not all would really have
that kind of same point of view.

Relating the risk associated with the cryptocurrency investment there is always such statements from high iq people who fear of losing and stay away forever and ever. This way there mind will never accept any form of investment and everytime they look for reason to stop themselves from investing. When it comes to bitcoin based investment they exaggerate it little more as it is a high risk investment than other investments because of increased volatility.

[redsun114]

I think people who missed out on the chance to make money is still sour about the fact that they couldn't make it in at the right time and that is the reason why people keep making topics like this. Yes bitcoin became 8 thousand dollars from zero in 10 years and yes its not a hyip or ponzi because it is literally a market where people decide what the price is.

A ponzi is something you give money and the central institution not having enough so paying everyone with others money and eventually running out of enough money to pay people which is unsustainable and can't be run for too long, hyip is about the same but that is when you increase the price to just keep paying people back. Bitcoin and its technology is open to public and you can check that its neither of those things, its a digital currency people are willing to pay premium for and that is it.

[Mihaylovic]

i dont believe there are all foolish or low iq people. I accept there are so many. But there are clever ones and they already became rich and earned so much money in this crypto market. If you have a good strategy to earn money here, nobody can blame you about being a fool.

[zee11225]

that too rude for calling bitcoin belivers/investor are foolish or low iQ , they have their plan about it and maybe get their own analysis

I commented on that opinion casually, because we as bitcoin traders have felt good profits and can improve the economy where the results can be to buy family needs.
I'm sure people who comment badly are failed traders who lose their money so the wrong opinion arises that bitcoin is only for fools.

[blueteam09]

Most investors complain because they are investors with low investment. They want to dream of becoming richer when investing in Bitcoin. I know that big investors only choose Bitcoin as a long-term investment and do not always look at its chart or price every day, so they never complain.

[sana54210]

I would rather be called foolish or low IQ than not invest bitcoin. My friends and relatives thinks of me like this. They laugh because I invest in a virtual currency that has no any value in the real world. It maybe true that it is not tangible but how come that many big companies and rich personalities invested on bitcoin if it really has no value. Soon they will see what they are laughing for.

This was how they laughed at us when Bitcoin was still very low in value and majority of them ended up with FOMO when they saw Bitcoin really increasing and people like us counting money and buying things that we like.

Leave them, let them continue to think this way, we need them to help push the value of Bitcoin higher when the bull run starts because that is when these type of people comes in, and has nature will punish them, they end up buying at peak and losing out temporarily. We should just hold on to what we believe and let no man confuse us and take us away from the right path.

[Leh-Meh]

This was how they laughed at us when Bitcoin was still very low in value and majority of them ended up with FOMO when they saw Bitcoin really increasing and people like us counting money and buying things that we like.

The bitcoin seller who has 8000 bitcoins must be having nightmares for his $50,000,000. Who will buy 1 Bitcoin for $5000 ??

[BitHodler]

I know that big investors only choose Bitcoin as a long-term investment and do not always look at its chart or price every day, so they never complain.

It does make sense if you think about it. If you have a lot of money you also have a lot to lose, so you automatically try to look for the safest asset to invest in for the long term, which in this case is Bitcoin.

I must however say that there is a difference in mentality between legacy investors and those who already have been into crypto. For most legacy investors even Bitcoin is a risky asset.

The most we can expect from legacy investors for now is that they allocate 1% of their capital to Bitcoin. 1% won't hurt them would it go to zero tomorrow, but will yield massive profits in the next 5-10 years if it does what we expect it will do.

[vixcious]

I don't think they're stupid. They are really understanding the value of BTC and are making a lot of money from buying and holding it. you know why? Because everyone has a separate judgment about the value of BTC, we are not the same and we have strategies to make money from BTC.
For many investors' support, I think the value of BTC can increase even more although its technology has not improved.
In the field of investment, crowd psychology always determines the value of a business and nothing else can be decided.

[traderethereum]

i dont believe there are all foolish or low iq people. I accept there are so many. But there are clever ones and they already became rich and earned so much money in this crypto market. If you have a good strategy to earn money here, nobody can blame you about being a fool.

There a high and low IQ people, and yes, they are smart and not smart. The difference is how they can use their IQ to do something, and if he is smart, I am sure he can get a better result than the low IQ. But usually, the smart people are lazy and underestimate of something because they always think that it will be easy for them to do that thing. But for the people with low IQ, they are thoroughly, consistently, do not stop with what they do, never quit before they got the result.

[bitcoindusts]

How could you address them as a low IQ people if they are making more income compare to a regular wage earner? I am not saying that those people who are regular wage earner are low IQ or what ,But don't you think that they know more that is why they are here and they know the potential of crypto that is why they invested on it? Foolish ? LOW IQ? I don't think so people have been earning more in crypto and it have help so many people to change their life.

An American paid $179,000,000 for a naked painting. Hard earned money goes to useless people because of gambling/ponzi/casino and serious mental illness at high levels.

Average earner people will not spend $179,000,000 for a naked painting, if someone does it is surely an excess of their fortune. They are not low IQ people just because they spent that big. If I have nothing to spend my money with and I have tons, i can go to the sea and feed them to the fish but nobody can define me as low IQ for doing it. We spend money according to our resources. Crypto investors have high IQ according to my opinion, they perceive what normal people do not and because of that a lot of them have been millionaires.  

[coolcoinz]

I don't think they're stupid. They are really understanding the value of BTC and are making a lot of money from buying and holding it. you know why? Because everyone has a separate judgment about the value of BTC, we are not the same and we have strategies to make money from BTC.
For many investors' support, I think the value of BTC can increase even more although its technology has not improved.
In the field of investment, crowd psychology always determines the value of a business and nothing else can be decided.

Satoshi Nakamoto -- I'm sure that in 20 years there will either be very large transaction volume or no volume

He was right because as any novelty Bitcoin will either get world's attention or not. It's not a simple product but something controversial, more like a trend that needs to be accepted and followed, or not. Many things we are using now were in the same situation at some point in time. Read about forgotten inventions if you don't know what I'm talking about.

[ityandsyn]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

      Maybe  some or few members have a low IQ but foolish is not true I'm I Sure , so many members are getting rich because of their strategy or technic on investment so that's sign of getting and  having a good IQ.

[buwaytress]

I think people who missed out on the chance to make money is still sour about the fact that they couldn't make it in at the right time and that is the reason why people keep making topics like this. Yes bitcoin became 8 thousand dollars from zero in 10 years and yes its not a hyip or ponzi because it is literally a market where people decide what the price is.

A ponzi is something you give money and the central institution not having enough so paying everyone with others money and eventually running out of enough money to pay people which is unsustainable and can't be run for too long, hyip is about the same but that is when you increase the price to just keep paying people back. Bitcoin and its technology is open to public and you can check that its neither of those things, its a digital currency people are willing to pay premium for and that is it.

Yeah, I could have been one of them sour grapes as well in 2016 -- I actually had the opportunity to come into it in 2013 when I first heard about it, or even in 2014 when I first turned down someone who was trying to convince me it wasn't what I thought it was (yet another in a long line of failed digital currencies). My context was a decade earlier of getting really effed up by e-gold's spectacular demise and I didn't want to get bitten again.

But I did myself the favour of trying to approach Bitcoin objectively in that late period (2016). And good thing for me, I was convinced in a few weeks, and half a year later after patiently learning and using, created a new account here, having forgotten the first. And then a steady rate of participation later, I'm here today.

Maybe I'm foolish and low IQ. I wouldn't know. I'd like to think I'm at least on par with OP on those terms.

[Finestream]

I don't think they're stupid. They are really understanding the value of BTC and are making a lot of money from buying and holding it. you know why? Because everyone has a separate judgment about the value of BTC, we are not the same and we have strategies to make money from BTC.
For many investors' support, I think the value of BTC can increase even more although its technology has not improved.
In the field of investment, crowd psychology always determines the value of a business and nothing else can be decided.

For me,i think those people who have come up investing in bitcoin are smart and brilliant people because if they are foolish and have low IQ, they will never understand about the complicated crypto market wherein bitcoin is evolving.There is too much risks in it so only those brave people and risks takers can survive dealing with it.

[RealMalatesta]

I think this is not related to each person's IQ. Sometimes they know that BTC is not valuable but they still want to hold, because they can make money from following the trend. that is the main problem. now I still know that in the future BTC will be weaker than high-tech altcoins, when more and more people are in need of crypto, then the organizers are really no longer able to attract more people.
But that's a matter of a few years later, we still earn money from BTC now and we will continue to work for it.

Yes we know that satoshi has gone quiet which is for security purpose, but anything that will make bitcoin become a weaker coin is what I believe that he will not be silent on, no matter the technology that come outs after bitcoin, bitcoin will always remain the number one priority, and if there is any other higher tech that may want bitcoin to lose its relevance, I believe that bitcoin technology is still subject to upgrade, which will still be by this same satoshi.

Look at most of the coins we have now, why do you think they have still not been able to overthrown crypto, which I believe that most companies we have seen cannot all be that weak, but yet they still could not, and I know they can never do.

[fullhdpixel]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

There is difference between investing in Dow Jones and investing your money in cryptocurrency. No matter if the market is big or not, you're sure that when you invest in Dow Jones there is a certain percentage that you're going to make, cause they do business with the money and you make profit in return. But with Bitcoin… Bitcoin is the one that should be considered a ponzi… but who cares?? The market is growing and there is no possibility that the market is going to fall at anytime rather it will continue to grow for sure, though that' doesn't change the fact that you're going to take risk.

[Leh-Meh]

Maybe  some or few members have a low IQ but foolish is not true I'm I Sure , so many members are getting rich because of their strategy or technic on investment so that's sign of getting and  having a good IQ.

Satoshi Nakamoto -- I'm sure that in 20 years there will either be very large transaction volume or no volume

[GreenStox]

I don't think they're stupid. They are really understanding the value of BTC and are making a lot of money from buying and holding it. you know why? Because everyone has a separate judgment about the value of BTC, we are not the same and we have strategies to make money from BTC.
For many investors' support, I think the value of BTC can increase even more although its technology has not improved.
In the field of investment, crowd psychology always determines the value of a business and nothing else can be decided.

For me,i think those people who have come up investing in bitcoin are smart and brilliant people because if they are foolish and have low IQ, they will never understand about the complicated crypto market wherein bitcoin is evolving.There is too much risks in it so only those brave people and risks takers can survive dealing with it.

then you consider that those who are not investments in the world of bitcoin are they including people who have low IQs? you are wrong, you should not judge other people who do not invest in bitcoin like that.

[acroman08]

I don't think they're stupid. They are really understanding the value of BTC and are making a lot of money from buying and holding it. you know why? Because everyone has a separate judgment about the value of BTC, we are not the same and we have strategies to make money from BTC.
For many investors' support, I think the value of BTC can increase even more although its technology has not improved.
In the field of investment, crowd psychology always determines the value of a business and nothing else can be decided.

For me,i think those people who have come up investing in bitcoin are smart and brilliant people because if they are foolish and have low IQ, they will never understand about the complicated crypto market wherein bitcoin is evolving.There is too much risks in it so only those brave people and risks takers can survive dealing with it.

then you consider that those who are not investments in the world of bitcoin are they including people who have low IQs? you are wrong, you should not judge other people who do not invest in bitcoin like that.

GreenStox, i know right! it's very ignorant of someone to claim that they have higher IQ just because they invested or understand the market of bitcoin.
he's no different the original poster if this thread. thinking so high of himself just because they now something that others don't.

[GJ.COM]

obviously, investors who make profits are not

[wildey]

in this case, actually I don't want a lot of comments with people who say that the bitcoin user has this, or that. well, basically they don't know what bitcoin is, and don't know the function and how to use it. leave them with that, and we just need to show things they don't want to see.

[Silberman]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

Do not worry in 10 years we will know who was right, those that are holding bitcoin or people that believe it is a form of scam, if I am mistaken I will have no problem admitting that I made a mistake but I wonder if all of those that are saying that bitcoin is a scam are going to accept it, after all if they are wrong then that means they wasted their opportunity to make a fortune doing almost nothing.

[Leh-Meh]

Do not worry in 10 years we will know who was right, those that are holding bitcoin or people that believe it is a form of scam, if I am mistaken I will have no problem admitting that I made a mistake but I wonder if all of those that are saying that bitcoin is a scam are going to accept it, after all if they are wrong then that means they wasted their opportunity to make a fortune doing almost nothing.

Last week, some details of the Anti-crypto bill “On the prohibition of cryptocurrency and the regulation of official digital currencies”, which has been under development in India since last year, has become public. In particular, it is stipulated that Indian citizens convicted for carrying out operations with cryptocurrency face up to 10 years in prison.

It is proposed to apply punishment to persons "directly or indirectly associated with the extraction, generation, storage, sale, transfer, sale, issuance and conclusion of transactions with cryptocurrency." The possibility of release on bail under these charges is not provided.

https://bitcointalk.org/index.php?topic=5155417.0

[beckspace]

Bitcoin market is a volatile market, all investors know that it contains high risk. There are many factors in this market that affect the rise or fall. Investors' price estimates are often unrealized but the investor has taken personal risks. I think,  talking about the IQ of Bitcoin investors is an irrational idea. And investors in this market aren't different from those who invest in other markets, even more innovative and see the future well.

[sana54210]

How could you address them as a low IQ people if they are making more income compare to a regular wage earner? I am not saying that those people who are regular wage earner are low IQ or what ,But don't you think that they know more that is why they are here and they know the potential of crypto that is why they invested on it? Foolish ? LOW IQ? I don't think so people have been earning more in crypto and it have help so many people to change their life.

An American paid $179,000,000 for a naked painting. Hard earned money goes to useless people because of gambling/ponzi/casino and serious mental illness at high levels.

Average earner people will not spend $179,000,000 for a naked painting, if someone does it is surely an excess of their fortune. They are not low IQ people just because they spent that big. If I have nothing to spend my money with and I have tons, i can go to the sea and feed them to the fish but nobody can define me as low IQ for doing it. We spend money according to our resources. Crypto investors have high IQ according to my opinion, they perceive what normal people do not and because of that a lot of them have been millionaires.  

I know we actually have some low IQ investors of cryptocurrency, but the op cannot generalize everyone has a low IQ investors for holding on tight to their investment in a project that they believe in. the reason why I believe we have some low IQ are some things that I have seen that makes me wonder if this person has any brain for taking such action or not.

A low IQ person is one that makes an investment without being sure of the project through research, and investing blindly by putting in so many dollars without also minimizing the risk of it. I think a mate posted this recently about a Chinese man that died after using millions of dollars to trade, so you think that one is smart? I really see him as a low IQ believer for using such amount of money as investment once.

[Yutikas_11920]

Bitcoin market is a volatile market, all investors know that it contains high risk. There are many factors in this market that affect the rise or fall. Investors' price estimates are often unrealized but the investor has taken personal risks. I think,  talking about the IQ of Bitcoin investors is an irrational idea. And investors in this market aren't different from those who invest in other markets, even more innovative and see the future well.

well, the difference in place of trading is natural, the similarity of those who invest in bitcoin and those who don't invest in bitcoin is that they all try to make profits and grow the assets they have, IQ is not an important problem if you want to invest.

[Naida_BR]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

Those people are just some dumbs who lost money due to joining the market in the all time high.
However, I don't agree with you that Bitcoin can be both a global currency and an alternative to Gold or Silver. It should be the one or the other.

[Leh-Meh]

Those people are just some dumbs who lost money due to joining the market in the all time high.
However, I don't agree with you that Bitcoin can be both a global currency and an alternative to Gold or Silver. It should be the one or the other.

Bitcoin will get banned if money laundering and ponzi increases from Bitcoin. Without centralization Bitcoin will not get legal status.

[Uhde]

i dont think so. compare the bitcoin price year by year. if some adapter bought bitcoin a few years ago, they are probably billioneire already. so i dont think it is fair to call them foolish or low iq people.

[Koadharber]

Those people are just some dumbs who lost money due to joining the market in the all time high.
However, I don't agree with you that Bitcoin can be both a global currency and an alternative to Gold or Silver. It should be the one or the other.

Bitcoin will get banned if money laundering and ponzi increases from Bitcoin. Without centralization Bitcoin will not get legal status.

It will become legal but we need to wait exact time,to avoid this scam issues again we need to research first before we invest and don't trust with the investments with high returns because it is good to be true.

[imstillthebest]

Those people are just some dumbs who lost money due to joining the market in the all time high.
However, I don't agree with you that Bitcoin can be both a global currency and an alternative to Gold or Silver. It should be the one or the other.

Bitcoin will get banned if money laundering and ponzi increases from Bitcoin. Without centralization Bitcoin will not get legal status.

It will become legal but we need to wait exact time,to avoid this scam issues again we need to research first before we invest and don't trust with the investments with high returns because it is good to be true.

bitcoin is already legal on most countries  and bitcoin wont also be banned even if we say that all bitcoin users will only use thier bitcoin for bad doings because bitcoin is uncontrollable at the first place  . not all who uses bitcoin are fool or have a low iq except from the people that are get scamed not only once but twice or thrice  .

I don't agree with you that Bitcoin can be both a global currency and an alternative to Gold or Silver. It should be the one or the other.

bitcoin cant be call a global currency because some countries ban it but bitcoin is consider as an alternative to gold and silver because bitcoin can do what gold and silver can do   .

[Bezobraznike]

   As every kind of business bitcoin collected different kind of people. From such economic giants as Buffet and Winklevoss brothers to homeless fools.
   Probably the number of not economic educated people is big here and they really do not care about bitcoin, but just about fast profit. But should we judge them for that? All of us here to take some profit from unstable prices, no matter we know what exactly bitcoin is or not.

[Kemileye]

Bitcoin believers and investors are not foolish and at the same time not low IQ people. The set of people that believes in the technology are the people that believes in revolution. Whether those that do not believe like it or not, bitcoin has come to revolutionalize how we spend money and its indeed the future of money.

[redsun114]

I don't think they're stupid. They are really understanding the value of BTC and are making a lot of money from buying and holding it. you know why? Because everyone has a separate judgment about the value of BTC, we are not the same and we have strategies to make money from BTC.
For many investors' support, I think the value of BTC can increase even more although its technology has not improved.
In the field of investment, crowd psychology always determines the value of a business and nothing else can be decided.

For me,i think those people who have come up investing in bitcoin are smart and brilliant people because if they are foolish and have low IQ, they will never understand about the complicated crypto market wherein bitcoin is evolving.There is too much risks in it so only those brave people and risks takers can survive dealing with it.

then you consider that those who are not investments in the world of bitcoin are they including people who have low IQs? you are wrong, you should not judge other people who do not invest in bitcoin like that.

Nobody deserves to be judged, people are created to choose whatever they feel is right for them, and they are all entitled to their opinion and their own decision. The fact that people did not invest in Bitcoin doesn’t mean they are unserious or have low IQ, there are thousands of investments out there that people can make and will yield them lots of profits.

We can only advise our close friends or anyone we feel crypto investment could also be right for them and not to impose it on them or judge them because they did not follow our believe, same as those who have invested, they know what is best for them, and majority of them has had nothing but happiness in their investment.

[KEPLER99]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

One thing you should know is that a lot of people don't even care. There are things you will see and call it a ponzi scheme, you might think that no one is going to buy that, but don't be surprised that there are people that would always fall for it. There are some people who would think that since this is still working and the price hasn't fail, so they can take that opportunity and earn money while there is still time for them to do so. And as for Bitcoin, it is growing and according to some experts, it is not going out anytime soon.

[Godday]

i dont think so. compare the bitcoin price year by year. if some adapter bought bitcoin a few years ago, they are probably billioneire already. so i dont think it is fair to call them foolish or low iq people.

I agree with what you say in your opinion there is no investment that has no risk and is not a fool if we experience losses because it has become a risk in investing

[MonaLeeTracy]

in this case, actually I don't want a lot of comments with people who say that the bitcoin user has this, or that. well, basically they don't know what bitcoin is, and don't know the function and how to use it. leave them with that, and we just need to show things they don't want to see.

it is right that you say maybe many investors think that investment in crypto currencies is bad because of the losses they get, and before investing, investors should understand and understand all the risks they will get in investing.

[Viscore]

i dont think so. compare the bitcoin price year by year. if some adapter bought bitcoin a few years ago, they are probably billioneire already. so i dont think it is fair to call them foolish or low iq people.

I agree with what you say in your opinion there is no investment that has no risk and is not a fool if we experience losses because it has become a risk in investing

There are no foolish or low IQs people that are going to invest in bitcoin because bitcoin itself is a very complicated and risky investment so only smart and clever people will survive in this kind of investment. Just ignore those who keeps telling us negativity because deep inside, i think they are just being jealous of what we have achieved from investing in bitcoin.

[Bitum]

At the end we will see who has foolish or low IQ. Behind the BTC and other cryptos today stands a very solid industry with well-developed infrastructure. That can not all at once go away. It can change but it stays that way. We're all in the midst of a new technical revolution that's happening here and now.

[qwertyup23]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

Most people that say such stuff did not personally experience investing/purchasing bitcoin as an investment alternative. People tend to degrade bitcoin due to its created stigma and reputation in different social platforms without experiencing it personally.

Instead of taking it as an insult, take it as an opportunity to teach them about cryptocurrencies in general and about its potential benefits. Although the risk may be higher compared to other investment methods, the returns are far better in a relatively short amount of time.

[shield132]

Btw I have a question for people who thinks those who believe in bitcoin are foolish: When some people were saying bitcoin would reach 10K, 20K very soon and you were laughing, who was true? You, who couldn't imagine if bitcoin would even be able to pass 1K or those who were talking "fantasies"? Time showed us that the second ones were right and automatically who is foolish? Seems those who didn't believe in bitcoin and thought 1K was even impossible to reach and bitcoin was a hyip/ponzi scheme.

[bearexin]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

Maybe those who are investing in it this time around should be very careful about it, cause it wasn’t the same thing it was back ten years ago, but that doesn’t mean that those who are investing in Bitcoin are foolish people / low IQ. This is the kind of thing that will make some people miss out on a life time opportunity because they are listening to what people are saying. It’s not helping you at all. Bitcoin is a wise investment to make and you can make money from it, more than you can make from most other investments you’re going to see, if not all of them. I know how much I have been able to earn from Bitcoin and it is more than any other investment I have ever made in my life.

[fiulpro]

The reason why people are investing there is because they are getting paid, they are making profit , the trading market is too good to let go , the volatility is actually good for the investors.
If you think they are low IQ people then why are you even on this forum ? It is filled with low IQ people.
First of all IQ is a comparative thing , secondly you cannot just compare anyone's IQ merely just by looking at their decisions or investments , people who brought Bitcoins back in 2009 and held till 2017 were thought of stupid ones , because they didn't sell it .. but now they are millionaires.
It is just a bet , people place it and hope for the best , doesn't mean they are low IQ ones.

[Nellayar]

How could you address them as a low IQ people if they are making more income compare to a regular wage earner? I am not saying that those people who are regular wage earner are low IQ or what ,But don't you think that they know more that is why they are here and they know the potential of crypto that is why they invested on it? Foolish ? LOW IQ? I don't think so people have been earning more in crypto and it have help so many people to change their life.

An American paid $179,000,000 for a naked painting. Hard earned money goes to useless people because of gambling/ponzi/casino and serious mental illness at high levels.

Don't compare two things that are not related to eacg other. It's an illogical. How do you know that bitcoin believers are fool and low IQ?

Do you even know what you are talking about?

You are talking about the whole community. I don't believe that we are fool because if we are moron or imbecile then we do not earn any amount of money here. Actually, that is not the right term you should use in order to point out the limitations in investment.

[cosmofly]

In the field of investment, people with high IQ are unlikely to win in trading or investment times, because the market always goes in an unpredictable direction.
There are very potential projects but it takes all because the bear market takes place.
Therefore, the smart people here are those who take advantage of the opportunity to make a lot of money, not sit in one place and predict that Bitcoin will Rekt or have no value.

[yvesp110]

In the field of investment, people with high IQ are unlikely to win in trading or investment times, because the market always goes in an unpredictable direction.
There are very potential projects but it takes all because the bear market takes place.
Therefore, the smart people here are those who take advantage of the opportunity to make a lot of money, not sit in one place and predict that Bitcoin will Rekt or have no value.

The IQ score is not the great index to measure the intelligence of a person and this is kind of absurd to say that people using Bitcoin have low IQ and are foolish. They are the most quick and opportunity recognizing people and in economic terminologies, they are referred to as whales in case they have big stakes. And by the way IQ does not buy you a house in Chicago but the money you make with Bitcoin.

[Spaffin]

I think that many examples can be given of what to consider investors in BTC as stupid people is a big mistake.  If we assume how many people became millionaires after investing in Bitcoin from 2010 to 2017, then those who did not bother to use this opportunity can be considered stupid or people with low IQ.

[TheUltraElite]

If we see the majority of traders who have been in the market for sometime they are mostly people with a background of trading like wall street investors. Those who tried to play with their money on exchanges without prior knowledge of trading got burnt out.

This is again confirmed by the fact that people in this forum buy shitcoins instead of buying bitcoin that too at all time high prices and not at all time low prices. Again if you are not confident about some coin and thus defer from buying it at all time low thinking it wont go up again, then why buy it at all? This shows a severe lack in confidence and belief. Either be confident about your investments or dont invest money into trading coins at all.

The safer method is always to buy bitcoin at low and sell at high. I believe most traders at least try to do that which does not make them "foolish" in any sense.

[samputin]

So having the ability to understand things that others don't is foolish now? Or even taking risks is for low IQ people? I don't think so. Personally, I admire those people who have knowledge about this new emerging technology. They are willing to accept and adopt something that has the potential to change the world. And for me, IQ doesn't always make one rich. Strategy does.

[TravelMug]

So having the ability to understand things that others don't is foolish now? Or even taking risks is for low IQ people? I don't think so. Personally, I admire those people who have knowledge about this new emerging technology. They are willing to accept and adopt something that has the potential to change the world. And for me, IQ doesn't always make one rich. Strategy does.

I won't be worry at all though, personally I'm sure majority of us has made a lot of money out of this market so how could be call that foolish though? Lol, On the contrary crypto investors has above average IQ, I mean this is a fairly new technology and not everyone knows about it. So if you jump on the bandwagon early because you realised that this technology is a game changer then that is not low IQ to me.

[bryant.coleman]

Many of the central banks (India for example) has issued warnings about Bitcoin, claiming that investing in BTC can be very risky and it has similarities to ponzi schemes. And to tell the truth, their propaganda campaign has a lot of success. I personally know a few elderly individuals who canceled their plans to purchase cryptocurrency after noticing such warnings.

I don't care about what others say. I first invested in Bitcoin in 2012, when the exchange rate was $10 per coin. My initial investment was $150, and till now I have cashed out at least $40,000 (and I still have most of my initial coins remaining in my wallet).

[TheUltraElite]

Personally, I admire those people who have knowledge about this new emerging technology. They are willing to accept and adopt something that has the potential to change the world. And for me, IQ doesn't always make one rich. Strategy does.

Without IQ a person cannot build a sustainable and feasible strategy. So those two go kind of hand in hand.

People believe in bitcoin because they see its good and bad properties and how they weigh out against traditional fiat system. Some like the fact that they can evade taxes and thus try to run their business through bitcoin payments. Not that I like this though, because I feel for the overall development of a country taxation is important. Anyway the users who have been developing blockchain technology have gone far and wide and gained acclaim. That is also another reason why bitcoin had gained faith of investors.

[TheCoinGrabber]

I prefer the term "risk-taker". You can call people foolish but I doubt people who bought it at, say $1000 and managed to sell it at $20k would care about you calling them idiots.

Come in and but when it's still low, using money you can afford to lose. If it appreciates then good, if not then fine, not all investments succeed.

[awik p]

I prefer the term "risk-taker". You can call people foolish but I doubt people who bought it at, say $1000 and managed to sell it at $20k would care about you calling them idiots.

Come in and but when it's still low, using money you can afford to lose. If it appreciates then good, if not then fine, not all investments succeed.

I agree. we must be brave to become a "risk taker". i think all investments have their own risks. instead, I salute those who bought when the price of $ 1000. he is good at reading opportunities, even though more people don't believe him, and consider it a game

[narukami]

In my opinion there are some people here in cryptoworld that are foolish but i still believe that there are more bitcoin investor that are smart and not a low iq people, many investor right now is smart because they are keep on holding and supporting btc  until it's price rise again.

[LogitechMouse]

Call me foolish and low IQ right now but I resigned in my job right now for the sake of cryptocurrency.

This is I think the weirdest decision that I've ever made in my entire life and I took the risk. Now I have no regret in my decision. We have different perspective with regards to Bitcoin.

[TheUltraElite]

Bitcoin believers or investors are not foolish but most investors make their decisions based on their emotions without any solid analysis of the market.

You are wrong. Most investors remain good investors because they take their decisions not be emotions but by logical analysis. Even at times their analysis ends up wrong and they lose some money still, it was based on logic and not assumptions like what many FUDstars have done till date.

This normally end up in losses because some may buy during the peak of the rise and are too impatient to also wait. It is always good to utilize the bear market situation when Bitcoin price drops - this is where investors must buy more because Bitcoin will definitely rise when it drops in price.

So you can see it is not always a question of emotion or logic. It is just going with the flow to catch some coins when they are dropping and selling when they are rising. Whether that person is intelligent or not is irrelevant in this case. The wrong move would be listen to so called financial advisors who shill some altcoins. Those are the scum of this market who have no lives.

[livingfree]

Bitcoin believers or investors are not foolish but most investors make their decisions based on their emotions without any solid analysis of the market.

Not every investor is like that. We can distinguish good investors and bad investors, mostly the good investors has went with similar experiences  and applied it for the second time around as they invested.

While the bad investors, are mostly leaning on their emotion. So investing through emotion without solid or even basic research is like putting your money to the trash can.

A lot of bitcoin investor now has been good throughout the years and those experiences that we had has been worth it and is now being applied.

[Lanatsa]

Call me foolish and low IQ right now but I resigned in my job right now for the sake of cryptocurrency.

This is I think the weirdest decision that I've ever made in my entire life and I took the risk. Now I have no regret in my decision. We have different perspective with regards to Bitcoin.

Frankly those are smart people ask those who have become millionaire by investing in crypto and which has changed the life of people  today . This is definitely as future and continue investing in it and do invest in the best of the coin .

It do really likes a gamble but if you done it well then you would really come to a point where it can change up your entire life when it comes to financial aspect.
I don't know why foolish or low IQ people yet we do have different perspective indeed into some sort of things.Its just a matter of risk taking or not yet we know
that theres a possible opportunity on making money to be hit up behind.

[Reid]

So why is there is no options.
No questions.
You are just talking bull about investors and holders.
There is no really sense it what you are saying or a good path.

There is no such thing also as a foolish one or low IQ. Just laxy learning everything.

[dengpei]

I think over the past 10 years Bitcoin has been able to build a formidable track record to pass past the test of being 'fools Gold' with flying colours. No funny money can survive for 10 years and rise to the current BTC price without support from the 'Establishment'. Believers/Investors cannot, therefore, be described as foolish or low IQ people, it might just be sour grapes utterances from those who failed to get onto the gravy train when it left the station

[jhongzjhong]

I think bitcoin investors are nlt foolish maybe they invest in bitcoin because they earn on it and they maybe get a huge amount of profit from thier investment. We saw that the bitcoin price is now rising and many investors are now earning. So there is no sense by saying that bitcoin investors are foolish, bitcoin has a value and price so there are still a big chance to earn on it.

That's is correct, as long as bitcoin price will move upward there is a lot of people keep using and investing in it because they saw that someday bitcoin price will get higher. I believed also the demand and supply, from time to time there are a lot of crypto enthusiasts will hold bitcoin and there will be a chances that the supply was lessened and it means makes the price of bitcoin expensive. Someday they will realize and regret those who don't believe in Bitcoin earlier if they saw the price will go up high.

[Janation]

Bitcoin investors are neither foolish nor low IQ people, you can't characterize them in this way. If there is a proper way to earn money quickly it is not wrong in pursuing that. Bitcoin has been one of the best investment out there for some time, so investors all over the world have been after it in the hope of getting huge profits quickly.

Well, everyone has their own perspective of something.

I don't think that most of these investors are that foolish or low IQ, most of them are that intelligent that makes earning so easy using these crypto investments. Foolish or IQ people, I don't mind since there is a lot of other investors out there that will really surprise us an investor.

[TheUltraElite]

I don't think that most of these investors are that foolish or low IQ, most of them are that intelligent that makes earning so easy using these crypto investments. Foolish or IQ people, I don't mind since there is a lot of other investors out there that will really surprise us an investor.

Think of it in a simple and logical manner. An investor would be not be a successful one if they are foolish enough and they end up putting their money into the wrong channels to play with. Heck anyone telling you that they play with their money is also a risk taker. So I feel everyone makes the mistake of referring to a risk taker to a foolish trader. Its not so because the terms are not mutually exclusive.

I think the more important thing here is to know what project you are putting your money in and then following the market to buy or sell.

[Free1bitco.in]

I feel that when people feel smarter that they don't know more about, that is silly. other than that, I feel that they are people who are late with this technology. Well, when they underestimate something, they can say things as rude as they want. but they don't know the function of cryto. Well, cryptocurrency has been running for several years, and its development is always increasing. they will only always be spectators.

[freedomgo]

I feel that when people feel smarter that they don't know more about, that is silly. other than that, I feel that they are people who are late with this technology. Well, when they underestimate something, they can say things as rude as they want. but they don't know the function of cryto. Well, cryptocurrency has been running for several years, and its development is always increasing. they will only always be spectators.

I does not hurt me at all as I know the have no idea the potential of bitcoin, people who are saying that we have low IQ are those who doesn't understand about bitcoin.

Before I find out about crypto, I was just an ordinary employee who relies heavily on my paycheck every month but it changes my financial status when I start investing in crypto, and I learn that there's a lot of opportunity here compared to my day job, and I don't mind if people who have a stable jobs, wearing corporate dresses are criticizing investors because while they are busy doing that, we are also busy building our dreams into reality.

[carter34]

Bitcoin investors are neither foolish nor low IQ people, you can't characterize them in this way. If there is a proper way to earn money quickly it is not wrong in pursuing that. Bitcoin has been one of the best investment out there for some time, so investors all over the world have been after it in the hope of getting huge profits quickly.

Not only that people want to invest in bitcoin because of what they have seen it do in the changing of holders standard of living, people are now looking into investing in altcoins and tokens. They want to grab it early this time around, including myself 

[Oilacris]

Bitcoin investors are neither foolish nor low IQ people, you can't characterize them in this way. If there is a proper way to earn money quickly it is not wrong in pursuing that. Bitcoin has been one of the best investment out there for some time, so investors all over the world have been after it in the hope of getting huge profits quickly.

Not only that people want to invest in bitcoin because of what they have seen it do in the changing of holders standard of living, people are now looking into investing in altcoins and tokens. They want to grab it early this time around, including myself 

For some they do treat this time would be the best time to grab while the market isn't still on its peak (previous ath) but you cant blame those people who do have doubts on getting in specially to those who got rekt on previous crash.

Believers/investors aren't foolish,people do keep attacking that bitcoin is a Ponzi scheme but they haven't actually seen on its true potential which is really good for long term.

[NavI_027]

people are too foolish and they believe in $1000 to $10,000 in 12 years.

Nah, I'm not that kind of investor, I don't have a precognition ability first of all that's why I don't take forecasting very seriously .

Anyway, I'm no longer affected by your statement that we have low IQ or whatsoever because I already used to it. Some people in my place already think that I'm insane or even think that I am related to a scam etc. etc. but that's okay. I just decided to stop arguing with this kind of people because it will be pointless after all since their mind was not open in this matter. If I am able to earn while the others are not then so be it, it's up to their decision. All I can offer is respect .

[TheUltraElite]

For some they do treat this time would be the best time to grab while the market isn't still on its peak (previous ath) but you cant blame those people who do have doubts on getting in specially to those who got rekt on previous crash.

But that is true for any other speculative market. There will be ups and downs in any market and there is nothing called guaranteed profit. You can win and you lose money, all depending on what coins you bought and how they moved after buying.

Believers/investors aren't foolish,people do keep attacking that bitcoin is a Ponzi scheme but they haven't actually seen on its true potential which is really good for long term.

These are differences in opinion. To some bitcoin is a ponzi even if you try to logically explain to them against it being a ponzi. However there are people who believe in it and thus put their money in it. Whatever suits a person they try to keep their mindset like that.

[playboy654]

people are too foolish and they believe in $1000 to $10,000 in 12 years.

Nah, I'm not that kind of investor, I don't have a precognition ability first of all that's why I don't take forecasting very seriously .

Anyway, I'm no longer affected by your statement that we have low IQ or whatsoever because I already used to it. Some people in my place already think that I'm insane or even think that I am related to a scam etc. etc. but that's okay. I just decided to stop arguing with this kind of people because it will be pointless after all since their mind was not open in this matter. If I am able to earn while the others are not then so be it, it's up to their decision. All I can offer is respect .

we need to ignore trolls and dumb people then only we can get success in our life that is what you are really doing people who call Bitcoin a scam will realise what is bitcoin after few more years but they will have to pay a very huge fee for waiting that much period at the time you can't laugh at the just for being so much dump.

[guoyu78]

we need to ignore trolls and dumb people then only we can get success in our life that is what you are really doing people who call Bitcoin a scam will realise what is bitcoin after few more years but they will have to pay a very huge fee for waiting that much period at the time you can't laugh at the just for being so much dump.

Those kind of op statement don’t even thrill me, because we have so many people that their thinking sense is so low and they reason like a blind person.  One thing we just have to learn is never to follow people’s opinion or allow them to dictate what we do without life and money. I tell people like him that it is my time, my life, and my money so it is none of his dam business.

I get advises from those that talks with words of wisdom but not people like him that are full of speeches that are with very low quality. People have their level of patience and they all have the way they plan their life, so if somebody invest and decide to wait for eternity, then it is own business and his the one that knows what he has seen in the future of whatever he engages himself with.

[HELLOFF]

people are too foolish and they believe in $1000 to $10,000 in 12 years.

Nah, I'm not that kind of investor, I don't have a precognition ability first of all that's why I don't take forecasting very seriously .

Anyway, I'm no longer affected by your statement that we have low IQ or whatsoever because I already used to it. Some people in my place already think that I'm insane or even think that I am related to a scam etc. etc. but that's okay. I just decided to stop arguing with this kind of people because it will be pointless after all since their mind was not open in this matter. If I am able to earn while the others are not then so be it, it's up to their decision. All I can offer is respect .

we need to ignore trolls and dumb people then only we can get success in our life that is what you are really doing people who call Bitcoin a scam will realise what is bitcoin after few more years but they will have to pay a very huge fee for waiting that much period at the time you can't laugh at the just for being so much dump.

It is really very difficult to predict what awaits us next, but if you take into account those cryptocurrency users who invested in Bitcoin before 2016 and imagine what kind of income they received at the end of 2017, when the price of bitcoin skyrocketed to $ 20,000, it seems impossible to me  such people are called stupid and low IQ.  I believe that in any activity a person can make mistakes, but each of us is working on a good result and I believe that our long-term investments will have a good result.

[pinkpanther03]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.

My website: https://dangerousmother.com (for real world out there)

Talks of Bitcoin as global currency and Bitcoin taking over Gold and Silver.

Just like billionaire Warren Buffet who keeps saying buy Apple inc. shares and other shares and thereby pushing DOW Jones to 25000 with the help of financial cartel because people are too foolish and they believe in $1000 to $10,000 in 12 years.

I don't exactly get what you are pointing out here, and how come that Believers and Investors became foolish or low IQ people?
I think this is just your assumptions or opinion only. Because majority of the fanatic of bitcoin are getting profit. Even I myself encountered
loss I knew it can recover it once I trade more in the exchange.

[TheUltraElite]

Those kind of op statement don’t even thrill me, because we have so many people that their thinking sense is so low and they reason like a blind person.  One thing we just have to learn is never to follow people’s opinion or allow them to dictate what we do without life and money. I tell people like him that it is my time, my life, and my money so it is none of his dam business.

Humans are born to be like that. They follow each other blindly and thats where the problem arise from. One person would not care for the loss or gain of another person because we are all selfish. Because bitcoin is going down I see people making conspircay theories of what happened behind the scenes when they actually know nothing. They like creating panic and they do it as a joke.

I get advises from those that talks with words of wisdom but not people like him that are full of speeches that are with very low quality. People have their level of patience and they all have the way they plan their life, so if somebody invest and decide to wait for eternity, then it is own business and his the one that knows what he has seen in the future of whatever he engages himself with.

This has been happening since a long time. We have naysayers in every place and being criticized because you are successful is nothing new. I think we should not take into account these minor things but focus on bigger things in life how to be a diligent trader and not what others think of us.

[Vishnu.Reang]

I invested in Bitcoin for the first time in 2017 January. Back then the exchange rates were around $900 per coin. As of now, my returns stands at more than 1,000%. I have never got this kind of returns from any other asset, and I have tried my luck with bullion, real estate, equities, mutual funds and government bonds. And I don't think you can call someone who could get 10x returns in 2 years as an idiot.

[ancafe]

I invested in Bitcoin for the first time in 2017 January. Back then the exchange rates were around $900 per coin. As of now, my returns stands at more than 1,000%. I have never got this kind of returns from any other asset, and I have tried my luck with bullion, real estate, equities, mutual funds and government bonds. And I don't think you can call someone who could get 10x returns in 2 years as an idiot.

it's better not to be influenced by people like that. we know that there are people who will hate the development of this technology. those who use it now are those who are trying to use this technology for their benefit in the future.

it is even rumored that crypto can also encourage a country's economic development, and even other benefits. if they keep thinking that this is something stupid, let time run, and in the future, they will definitely learn to use this technology more deeply. You can find information about crypt that can boost a country's economy at the link below.

https://news.bitcoin.com/crypto-can-boost-indian-economy-banning-will-hurt-it/

[Finestream]

When many people believe and use the system, it becomes popular and generally accepted by the whole society. I believe in cryptocurrency so that it develops.

That's the scenario we like to see when bitcoin will become a mainstream currency, however, I doubt that it would be easy because without the support of the government, we will not see a success for bitcoin to become a mainstream currency. People want to use it but when its' declared illegal, things will be different, so at this early stage, let's hope that those regulators will find more usefulness on crypto in general so they will allow it to succeed.

[Skyshark]

How can you be so naive, OP? I don't think you have the right to call certain people that just because they've invested in Bitcoin. They could have sensed that Bitcoin being a new technology will become big and be worthwhile of their time and money. Every individual has his/her own preferences in life. We just have to respect everybody's judgement.

[Bitcoin Seller]

I invested in Bitcoin for the first time in 2017 January. Back then the exchange rates were around $900 per coin. As of now, my returns stands at more than 1,000%. I have never got this kind of returns from any other asset, and I have tried my luck with bullion, real estate, equities, mutual funds and government bonds. And I don't think you can call someone who could get 10x returns in 2 years as an idiot.

Oh, first of all, no one can call another guy an idiot - calling a person with its name, this fellow shows his rudeness. Besides, only jealous people can have these ideas. I am more than sure that they have already tried to invest in crypto, bud something went wrong, and they lost. Therefore, they are trying to convince others that they do silly things. Crypto can make you a wealthy person if you are a hard-working man.

[mich]

In order to comprehend the general idea surrounding BITCOINS, you have to have a semi-technological understanding to grasp the concept
With multiple decimal places and the need to be able to do basic mathematical functions I think we can say some of us have higher IQs then most other people.
And no we arent foolish

[Renampun]

Few months back when I was reading this forum, somebody said Bitcoin investors and supporters just think of Bitcoin $5000 or $10,000 or $40,000. They do not know anything.

$1 to $5000 in 10 years and Bitcoin people still say Bitcoin is an investment and not super-HYIP or ponzi.
 

Are you serious about saying people who believe in Bitcoin are stupid people...
Nowadays Bitcoin is a hope for many people, and if you offend Bitcoin price, then it is all a prediction. I predict the price of Bitcoin will be to $50k because it sees from its high enthusiasm to the cryptocurrency that continues to grow from year to year. So, whether I'm a fool or Low IQ