Bitcoin believers/investors are foolish or low IQ people ?

[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.