Bitcoin believers/investors are foolish or low IQ people ?

[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.