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r111 (OP)
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October 04, 2022, 04:18:26 PM
 #1

It is unfair that bitcoin being a different digital money system something more egalitarian, at least not unlimited like fiat, has become so inaccessible to the people who really need it. I feel that having 1 million satoshis in a few thousand years will make you a millionaire and a more equal and free person. But what sense does it make to buy with your fiat money as many bitcoin as possible to become a millionaire and then sell it for more fiat money? I think this will make bitcoin more expensive for people who really want the currency, not to exchange it for more fiat money or other crypto, but because we know that keeping bitcoin will be fighting for a less corrupt world and those who don't have it can have something. I look forward to reach that peak of $3300 to also have the right to be part of this.  Undecided
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October 04, 2022, 04:27:59 PM
 #2

Is Bitcoin millionaire scheme? We know some fiat bank offers millionaire scheme, does Bitcoin offer like this? I don't think so. You have to know what is Bitcoin really and how it's been working. Bitcoin is high volatile coin and we are taking advantage of that. But it hadn't created to become Millionaire anyway. You deserve Bitcoin and you can buy as mush as possible. Or you may buy few Satoshi as well, it's fully depends on your capability.  But don't think become millionaire over the night. It might go down as well.

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r111 (OP)
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October 04, 2022, 04:30:18 PM
 #3

Is Bitcoin millionaire scheme? We know some fiat bank offers millionaire scheme, does Bitcoin offer like this? I don't think so. You have to know what is Bitcoin really and how it's been working. Bitcoin is high volatile coin and we are taking advantage of that. But it hadn't created to become Millionaire anyway. You deserve Bitcoin and you can buy as mush as possible. Or you may buy few Satoshi as well, it's fully depends on your capability.  But don't think become millionaire over the night. It might go down as well.

I complain about people who want to become millionaires that way. I know it's not, I complain about something else.
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October 04, 2022, 05:37:22 PM
 #4

Bitcoin is not inaccessible, you can buy or earn bitcoin anytime, just the same way you can buy or earn a currency like £ for example, they are both currencies, just of different form and 'age'.

If you do not want to buy bitcoin with fiat then you have to earn it through a service you can give, if you have a business you could even integrate bitcoin as a payment type and receive bitcoin that way so it doesn't feel like you are buying it with fiat. Many people complain that they find it hard to buy bitcoin with their fiat, but how else do you get a different currency from the one you are paid with or the one your country uses, just one way and that is you have to exchange it for the other, that is the same thing applicable with bitcoin, if you want it you have to exchange it for your fiat.

You can have bitcoin of any amount, start somewhere without setting yourself any difficult limit, everyone deserves to have bitcoin if they so wish and they can get it even if bitcoin is at any price, any small satoshi also counts as bitcoin.

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October 05, 2022, 07:39:28 AM
 #5

OP, I looked at your profile. You signed up in 2017. And also, then you asked whether it is possible to get 1 bitcoin without mining. 
I think you've missed your opportunity a bit. After all, if you had been buying a little bit of bitcoin since 2017, and had been patient, you would now say otherwise. 
But there are a lot of people like you. Therefore, without waiting "several thousand years," you still have the opportunity to become the owner of Bitcoin. Just be a little optimistic in your predictions.

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October 05, 2022, 07:50:44 AM
Merited by vapourminer (1)
 #6

I think this will make bitcoin more expensive for people who really want the currency, not to exchange it for more fiat money or other crypto,
You are saying that traders make bitcoin more expensive. I don't agree with this. In the long term, traders have no effect in the price.
Also, what's the problem if bitcoin becomes more expensive? Anyone who needs bitcoin for any reason can buy bitcoin as much as needed.

I look forward to reach that peak of $3300 to also have the right to be part of this.
You always have the right to buy bitcoin.

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October 05, 2022, 07:52:03 AM
Merited by vapourminer (1)
 #7

It is unfair that bitcoin being a different digital money system something more egalitarian, at least not unlimited like fiat, has become so inaccessible to the people who really need it.

Your account is made in 2017, yet you misunderstood bitcoin completely.
* Bitcoin aim is not to make people rich
* if Bitcoin would be unlimited, its value will be very small or or zero
* one can buy 0.001 BTC and hold, he doesn't have to start with 1BTC

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October 05, 2022, 08:00:56 AM
 #8

i cannot guarantee you that if you own bitcoin, you will become a millionaire in the future because bitcoin does not offer such a program, as Cryptovator said above. but i believe if you own bitcoin and hold it for a long time maybe from 5 years to 10 years it will make you richer now because the value of bitcoin then i believe it will be much higher than it is now in

do not wait to buy bitcoin but buy it now because the current price is also considered cheap compared to its real value, buy now and hold, you won't be disappointed for bitcoin

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October 05, 2022, 08:25:39 AM
 #9

Bitcoin is accessible to anyone who finds it important to buy and secure their future, even in countries where there is an official ban on btc, many people still fight to buy it through unofficial means.

It is really up to you to do as you see fit with your btc, whether to spend on payments or keep it as an asset.  The future is unknown and probably the value of btc by then will be a lot higher or even btc will no longer be valued with fiat currency as you mentioned, but what is important is having your own share out of the limited supply.

Now is the time for you to work towards accumulating as much as you can, the supply is limited and only a few % of the world's population owns btc at the moment, imagine what will happen when 70% decided to jump in.

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October 05, 2022, 08:37:53 AM
 #10

Honestly, we have been given an equal chance to buy Bitcoin but unfortunately, not all take and consider this as an opportunity. Perhaps, many people (majority) are just ignoring this and even talk negatively, a scam, a Ponzi scheme. Now, many of these people had realized, yet it was late already as the price of Bitcoin is going high and expensive, unlike 10 years ago.

Yes, we deserve to have some but also, we have to trust Bitcoin first and do something to have it, not just sitting down and waiting. 

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October 05, 2022, 09:48:57 AM
 #11

You can earn and buy Bitcoin anytime you want.Bitcoin is one of the coins with the highest market value.However, the price of Bitcoin was much lower than in 2017 and 2016.If someone buys 0.001 of this coin, then today he may have become the owner of a bitcoin.But one thing to keep in mind is that having Bitcoin alone does not make you rich. I think you all deserve bitcoins. You must do something in cryptocurrency to get bitcoins.Because nothing can be achieved without trying.
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October 05, 2022, 12:19:45 PM
 #12

It is out of our league if many of us want to sell our bitcoins for fiat because that's the normal process of how someone can attain wealth and profit in bitcoin. We have to sell for us to get the value out of it and transfer it into another medium which is the common one, fiat.
Without doing such, you'll keep your wealth and its value and there's nothing wrong with that. But to enjoy the actual value of it just as you've given as an  example, a million/s. Then, you won't be able to enjoy it because it's still unknown if majority of the things that you want into your possession could be bought by bitcoin by that time.

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October 05, 2022, 12:52:01 PM
 #13

It is unfair that bitcoin being a different digital money system something more egalitarian, at least not unlimited like fiat, has become so inaccessible to the people who really need it. I feel that having 1 million satoshis in a few thousand years will make you a millionaire and a more equal and free person. But what sense does it make to buy with your fiat money as many bitcoin as possible to become a millionaire and then sell it for more fiat money? I think this will make bitcoin more expensive for people who really want the currency, not to exchange it for more fiat money or other crypto, but because we know that keeping bitcoin will be fighting for a less corrupt world and those who don't have it can have something. I look forward to reach that peak of $3300 to also have the right to be part of this.  Undecided



Grin I am really trying to wrap my head around everything you are saying.
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I feel that having 1 million satoshis in a few thousand years will make you a millionaire and a more equal and free person.
in a few thousand years? who is living for a few thousand years Huh and nothing in the world is fair really, you have to work for it. If Bitcoin did not reach the monetary value it is today, meaning all its ATHs, people wouldn't pay attention, I will always reference this story were a gamer rejected 25 bitcoins to collect $ 41 which those BTCs were worth then because he didn't see any value in collecting 25BTC over $41 but I know for a fact that the story would be different only if he knew what BTC would turn into. However, don't wait for Bitcoin to wait to reach $3300 again before you invest if you really like to own some Satoshis.
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October 05, 2022, 01:19:00 PM
 #14


I complain about people who want to become millionaires that way. I know it's not, I complain about something else.


I have been trying to figure out what your message was, but if I'm not wrong everyone deserves Bitcoin just as everyone deserves a good and better life but first you must know that Bitcoin is very volatile and not a get rich quick scheme. Though there have been cases of people who jumped into Bitcoin with little knowledge but plenty money and forged their ways through making huge profits.

Just as it is with your regular business, so it is with Bitcoin, because you also need capital to start no matter the level of your knowledge about Bitcoin except in some cases of giveaways.

Regarding people living a thousand year, no one is going to live a thousand year and you shouldn't expect Bitcoin to fall back to $3300 before you can level up on it. I have a friend who tries as much as possible to buy Bitcoin almost every week, no matter how small and I also admire that and working towards discipling myself towards that too.

R


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October 05, 2022, 01:41:40 PM
 #15

I complain about people who want to become millionaires that way. I know it's not, I complain about something else.
May we know what you are complaining about so that it doesn't become a big question mark for us to answer?

People can access bitcoin whenever they want and in many ways, from buying and selling it or making bitcoin a long-term investment. In addition, since bitcoin is now traded with many currencies, it makes people want to collect more bitcoins to earn profits in fiat form. After that, they could use the fiat for other purposes.

The time will come for bitcoin to hit $33k again, even higher than the previous ATH. You and all of us should be patient and use this time to collect more bitcoins before the price increases.

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October 05, 2022, 06:59:58 PM
 #16

It is unfair that bitcoin being a different digital money system something more egalitarian, at least not unlimited like fiat, has become so inaccessible to the people who really need it

In what way has bitcoin become inaccessible, please you need to clarify your stance here, bitcoin been a decentralized currency is enough for everyone to have access to having it since you need no financial institutions or government to approve your in having it.

I feel that having 1 million satoshis in a few thousand years will make you a millionaire and a more equal and free person. But what sense does it make to buy with your fiat money as many bitcoin as possible to become a millionaire and then sell it for more fiat money?

It makes alot of sence, either you buy bitcoin with fiat, mine it, earn it and which ever legal means you aroot from having it is dine and ok and also makes a lot of senses since it a currency that csn also serve you as an asset, try hold fiat in one year and see if it will be an asset or turn a liability, so you keep buying the dip and sells when it surges.

I think this will make bitcoin more expensive for people who really want the currency

It seems like you're not getting the whole ideas about bitcoin price, did you even know that over years now bitcoin has been increasing to where it is now and yet people are still buying, it is very simple, first it is never too late to set in, second buy the dip amd sell high.

R


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October 05, 2022, 07:44:10 PM
 #17

It is unfair that bitcoin being a different digital money system something more egalitarian, at least not unlimited like fiat, has become so inaccessible to the people who really need it

In what way has bitcoin become inaccessible, please you need to clarify your stance here, bitcoin been a decentralized currency is enough for everyone to have access to having it since you need no financial institutions or government to approve your in having it.

Probably OP is thinking of free Bitcoin, the time when faucets give out huge amount of satoshi. Sadly those times are gone now,today, either we do proof of work via mining machine or proof of work and get paid with Bitcoin by doing tasks through freelancing and bounty hunting. So basically we need to spend a certain amount of money in order to have a decent amount of satoshi.

I feel that having 1 million satoshis in a few thousand years will make you a millionaire and a more equal and free person. But what sense does it make to buy with your fiat money as many bitcoin as possible to become a millionaire and then sell it for more fiat money?

If you feel it that way then you should do everything in your power to accumulate them.  What is hundreds of dollars in exchange of possible 100x to 1000x in the future.

I think this will make bitcoin more expensive for people who really want the currency

We cannot do anything on that.  As long as demand greatly out weight the supply, then it will really get more expensive so better accumulate now.

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October 05, 2022, 08:08:05 PM
 #18

It is unfair that bitcoin being a different digital money system something more egalitarian, at least not unlimited like fiat, has become so inaccessible to the people who really need it. I feel that having 1 million satoshis in a few thousand years will make you a millionaire and a more equal and free person. But what sense does it make to buy with your fiat money as many bitcoin as possible to become a millionaire and then sell it for more fiat money? I think this will make bitcoin more expensive for people who really want the currency, not to exchange it for more fiat money or other crypto, but because we know that keeping bitcoin will be fighting for a less corrupt world and those who don't have it can have something. I look forward to reach that peak of $3300 to also have the right to be part of this.  Undecided
https://i.imgur.com/bLMHqEC.png


Grin I am really trying to wrap my head around everything you are saying.
Quote
I feel that having 1 million satoshis in a few thousand years will make you a millionaire and a more equal and free person.
in a few thousand years? who is living for a few thousand years Huh and nothing in the world is fair really, you have to work for it. If Bitcoin did not reach the monetary value it is today, meaning all its ATHs, people wouldn't pay attention, I will always reference this story were a gamer rejected 25 bitcoins to collect $ 41 which those BTCs were worth then because he didn't see any value in collecting 25BTC over $41 but I know for a fact that the story would be different only if he knew what BTC would turn into. However, don't wait for Bitcoin to wait to reach $3300 again before you invest if you really like to own some Satoshis.


the thousands of years is a joke, you are right in saying that the price is high to attract people's interest, that makes me realize how important it is that bitcoin is becoming known and I feel good about that, however this is my current feeling towards bitcoin.
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October 05, 2022, 08:14:42 PM
 #19

It is unfair that bitcoin being a different digital money system something more egalitarian, at least not unlimited like fiat, has become so inaccessible to the people who really need it. I feel that having 1 million satoshis in a few thousand years will make you a millionaire and a more equal and free person. But what sense does it make to buy with your fiat money as many bitcoin as possible to become a millionaire and then sell it for more fiat money? I think this will make bitcoin more expensive for people who really want the currency, not to exchange it for more fiat money or other crypto, but because we know that keeping bitcoin will be fighting for a less corrupt world and those who don't have it can have something. I look forward to reach that peak of $3300 to also have the right to be part of this.  Undecided

I guess everyone has it's own choice on what do with their bitcoins, others hold it for many years and maybe think at some point they will have to sell it for fiat, buy new houses, new expensive cars, live a good life etc etc, you can't blame them for having that mindset, we all deserved what we gonna we do with our precious bitcoin. If the person what to get it back at a higher price later then so be it. The price might be too expensive but the person knows the drill so he is willing to buy as long as there are sellers, and so the cycle continues for everyone.

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October 05, 2022, 11:47:46 PM
 #20

It is unfair that bitcoin being a different digital money system something more egalitarian, at least not unlimited like fiat, has become so inaccessible to the people who really need it.
No, you are wrong. In fact, you can buy Bitcoin easily now as there are a lot of exchanges that would give you a favor. But the problem is that these people don't want to risk their money. Well, might think it is expensive but not necessarily do we have to buy 1 whole Bitcoin instantly, we can apply the DCA strategy but what really happens is that many people are impatient. If we really wanted to have Bitcoin then we have to do something, not by looking on it's price but the benefits and possible profit we get many years from now considering that this is an investment.

R


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October 06, 2022, 01:08:43 AM
 #21

Honestly, we have been given an equal chance to buy Bitcoin but unfortunately, not all take and consider this as an opportunity. Perhaps, many people (majority) are just ignoring this and even talk negatively, a scam, a Ponzi scheme. Now, many of these people had realized, yet it was late already as the price of Bitcoin is going high and expensive, unlike 10 years ago.

Yes, we deserve to have some but also, we have to trust Bitcoin first and do something to have it, not just sitting down and waiting. 

No, it's not too late, there's still a chance for everyone as long as they truly realize and have faith in bitcoin.
Bitcoin once gave a chance to all but please also sympathize with those who did not seize the opportunity then because fear is part of being human and they have the right to worry when bitcoin is still a mystery in the past. Although the bitcoin price is very high today compared to 10 years ago but I would also like to say that investing in bitcoin today is safer than investing in bitcoin 10 years ago.
Right now, as long as people realize and immediately start investing in bitcoin, do not hesitate any longer, the opportunity is still there, the current bitcoin price is too cheap compared to what it brings.

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October 06, 2022, 01:30:51 AM
 #22



I don't get that much what is or are the points that OP is trying to tell us. Just because there can be people that bought Bitcoin as much as they can does not mean that Bitcoin is only for the rich. Are you aware that even with just $10 you can buy BTC in so many exchanges including DEXs? The problem with some is the idea that one must be holding at least 1 BTC...which can really be beyond the reach of many most especially in countries outside of the developed world. We can never stop BTC to be traded openly and because this is the case it is actually the marketplace that generally determines the price and the direction it is going. Now, you are complaining now that BTC is still around $20K...how much more if it could be reaching again at its ATH at around $60K? If you are planning to get BTC as much as you want then the time is now...and no one is getting BTC by just whining.

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October 06, 2022, 04:21:08 AM
 #23



I don't get that much what is or are the points that OP is trying to tell us. Just because there can be people that bought Bitcoin as much as they can does not mean that Bitcoin is only for the rich. Are you aware that even with just $10 you can buy BTC in so many exchanges including DEXs? The problem with some is the idea that one must be holding at least 1 BTC...which can really be beyond the reach of many most especially in countries outside of the developed world. We can never stop BTC to be traded openly and because this is the case it is actually the marketplace that generally determines the price and the direction it is going. Now, you are complaining now that BTC is still around $20K...how much more if it could be reaching again at its ATH at around $60K? If you are planning to get BTC as much as you want then the time is now...and no one is getting BTC by just whining.

can you tell me the way to buy satoshis on an exchange without having to give my identity to anyone, that I don't have to give my ID or any of these horrible things. Please give me a link. Thank you very much.
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October 06, 2022, 07:39:12 AM
 #24

Well, Bitcoin will not stop corruption... so do not think that it is the solution to all problems. Also, Bitcoin are not accepted as a global currency ...yet, so do not get too excited too early. Governments and Banks will do their best to protect Fiat currencies, because they will not release control over people's wealth.  Angry

We deserve to have an alternative option to the monopoly that governments have over currencies, but they will not accept that.. so it is our duty to vote for governments that can accept the changes in the civilians/public needs.  Wink

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October 12, 2022, 12:48:45 PM
 #25

Bitcoin is accessible to anyone who finds it important to buy and secure their future, even in countries where there is an official ban on btc, many people still fight to buy it through unofficial means.

It is really up to you to do as you see fit with your btc, whether to spend on payments or keep it as an asset.  The future is unknown and probably the value of btc by then will be a lot higher or even btc will no longer be valued with fiat currency as you mentioned, but what is important is having your own share out of the limited supply.

Now is the time for you to work towards accumulating as much as you can, the supply is limited and only a few % of the world's population owns btc at the moment, imagine what will happen when 70% decided to jump in.

70% sounds like fantasy. Bitcoin is too manageable, both in terms of price and reputation. Reputation affects people's engagement. Now she's not the best. It seems to me that it is beneficial for large bitcoin holders. Because, bitcoin is now rare and more valuable than when it more famous

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October 12, 2022, 01:22:56 PM
 #26

I'm don't understand what's the point you're trying to say on your post, but there's few misunderstanding here. Everyone can buy Bitcoin in any exchanges or by P2P as long as they have a money. Bitcoin isn't created to fight against fiat or corruption. When we're sell or exchange our Bitcoin to someone, it doesn't mean Bitcoin price will increase after we done that. It's good to hold Bitcoin for long term, but for people who spend Bitcoin on online marketplace or daily life are actually help Satoshi vision to make Bitcoin as a currency.

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October 12, 2022, 01:44:55 PM
 #27

Without exception, all of us deserve to own bitcoin, whether we make it an asset or we make it a long-term investment it's all up to us personally, but we must realize that bitcoin can't stop bitcoin corruption nor can it replace FIAT currency, because the government will never allow bitcoin to replace the government's FIAT currency.

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October 12, 2022, 03:56:51 PM
 #28

Bitcoin is currently worth $20k, so yeah, it sets a steep limit on who can afford it because the majority don't have that kind of money. But it's also possible to try mining (although that would also require significant finances to even start) or earning BTC. Bitcoin is a human creation, and humanity isn't perfect. It is susceptible to other issues that we have in our civilization, such as theft, scams, regulations and/or taxes, panic selling, rich people having way more opportunities than others, gender inequality due to structural obstacles and social stereotypes (but that depends heavily on a country as well), etc. It can't solve other global challenges, it can't beat the economic, social and ethical principles of our society.

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October 12, 2022, 04:18:23 PM
 #29

Without exception, all of us deserve to own bitcoin, whether we make it an asset or we make it a long-term investment it's all up to us personally, but we must realize that bitcoin can't stop bitcoin corruption nor can it replace FIAT currency, because the government will never allow bitcoin to replace the government's FIAT currency.

Bitcoin for all ages and all people. I once saw in one of the documentaries that a grandmother who was over 60 years old began to learn about bitcoin and apply how to transact bitcoin using an address scan barcode on a phone device. What I know in some countries do not allow bitcoin as a legal tender, but allow it only as an asset. To make payment transactions, you still have to use fiat and that is a government regulation that has existed so far.

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October 12, 2022, 05:40:55 PM
 #30

But what sense does it make to buy with your fiat money as many bitcoin as possible to become a millionaire and then sell it for more fiat money? I think this will make bitcoin more expensive for people who really want the currency, not to exchange it for more fiat money or other crypto, but because we know that keeping bitcoin will be fighting for a less corrupt world and those who don't have it can have something. I look forward to reach that peak of $3300 to also have the right to be part of this.

You may think that bitcoin is a quick-money scheme. You haven't fully grasped the concept of bitcoin if you're holding it in hopes of one day being a millionaire. It is a digital currency that functions more or less like regular money and can be used for all transactions just like regular fiat money.

Since bitcoin is still not widely accepted as a form of payment, it must be converted to fiat currency before being used. Bitcoin doesn't need to be converted to fiat currency before being spent if it can be used to buy products and the buyer accepts bitcoin.

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October 12, 2022, 06:05:59 PM
 #31

Well, Bitcoin will not stop corruption... so do not think that it is the solution to all problems. Also, Bitcoin are not accepted as a global currency ...yet, so do not get too excited too early. Governments and Banks will do their best to protect Fiat currencies, because they will not release control over people's wealth.  Angry

We deserve to have an alternative option to the monopoly that governments have over currencies, but they will not accept that.. so it is our duty to vote for governments that can accept the changes in the civilians/public needs.  Wink

Bitcoin is not accepted as a global currency and I don't see it happening in the nearest future, this is because bitcoin is totally decentralized as against Fiat that is heavily centralised and controlled by the government. Government cannot let go of her control and manipulation of the Fiat that is why they keep fighting Bitcoin. But we are lucky bitcoin was built and the blockchain, the success of Bitcoin is in our hands, we should hold it well and protect, because it is the only alternative and the icon of financial freedom

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Anonylz
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October 12, 2022, 06:16:45 PM
 #32

Anybody who owns btc will disagree with your statement, they will tell you they are as deserving as any other small btc holder out there.
They are the pioneer of btc and took a risk when many people who didn't.
Actually your frustration should not be on the early adopters but on your situation for not able to buy even at this current price. If you are buoyant enough to buy, you won't even bother about what others own.

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