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Are you interested in Bitcoin because of the concept or to get rich?
Poll
Question:
Why are you interested in Bitcoin?
I like the concept
41 (18%)
To get rich
20 (8.8%)
Both
161 (70.6%)
Other
6 (2.6%)
Total Voters: 228
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Topic: Are you interested in Bitcoin because of the concept or to get rich? (Read 9611 times)
cozk
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Re: Are you interested in Bitcoin because of the concept or to get rich?
November 18, 2014, 03:08:10 PM
#181
Quote from: arbitrage001 on September 29, 2014, 02:08:39 PM
Owning bitcoin is no longer a path to great wealth. People who buy now may find a quick path to poverty.
Heard that in 2011.
1Referee
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Re: Are you interested in Bitcoin because of the concept or to get rich?
November 18, 2014, 03:29:06 PM
#182
Quote from: cozk on November 18, 2014, 03:08:10 PM
Quote from: arbitrage001 on September 29, 2014, 02:08:39 PM
Owning bitcoin is no longer a path to great wealth. People who buy now may find a quick path to poverty.
Heard that in 2011.
You'll hear that every year, that's a normal reaction as no one knows exactly how things will develop.
We might think in early 2016 "why didn't I buy more when it was just $400 ?!" Just make sure you have them NOW
bitboy11
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Re: Are you interested in Bitcoin because of the concept or to get rich?
November 18, 2014, 08:46:29 PM
#183
Well...I doubt I'll become rich with Bitcoin but maybe I could make a living trading it.
LFC_Bitcoin
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Re: Are you interested in Bitcoin because of the concept or to get rich?
November 18, 2014, 08:53:58 PM
#184
Quote from: bitboy11 on November 18, 2014, 08:46:29 PM
Well...I doubt I'll become rich with Bitcoin but maybe I could make a living trading it.
It depends how much money is 'rich' to you.
If you can buy 25 BTC & HODL for 10-15 years you might be able to get life changing money out of it.
Maybe enough to buy a house.
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yeponlyone
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Merit: 500
Re: Are you interested in Bitcoin because of the concept or to get rich?
November 18, 2014, 08:55:23 PM
#185
Quote from: LFC_Bitcoin on November 18, 2014, 08:53:58 PM
Quote from: bitboy11 on November 18, 2014, 08:46:29 PM
Well...I doubt I'll become rich with Bitcoin but maybe I could make a living trading it.
It depends how much money is 'rich' to you.
If you can buy 25 BTC & HODL for 10-15 years you might be able to get life changing money out of it.
Maybe enough to buy a house.
It could also mean $50 in spare change, we never know. Something better than bitcoin might come along and steal all the attention if it is revolutionary.
LFC_Bitcoin
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Re: Are you interested in Bitcoin because of the concept or to get rich?
November 18, 2014, 09:07:33 PM
#186
Quote from: yeponlyone on November 18, 2014, 08:55:23 PM
Quote from: LFC_Bitcoin on November 18, 2014, 08:53:58 PM
Quote from: bitboy11 on November 18, 2014, 08:46:29 PM
Well...I doubt I'll become rich with Bitcoin but maybe I could make a living trading it.
It depends how much money is 'rich' to you.
If you can buy 25 BTC & HODL for 10-15 years you might be able to get life changing money out of it.
Maybe enough to buy a house.
It could also mean $50 in spare change, we never know. Something better than bitcoin might come along and steal all the attention if it is revolutionary.
That's the beauty/horror of investments.
Nothing good comes easy.
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Flashman
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Hodl!
Re: Are you interested in Bitcoin because of the concept or to get rich?
November 18, 2014, 09:35:50 PM
#187
I voted both, from knowing what a shonky, jerry rigged lashup the default financial system is. Ergo it's a hedge against that, while hoping it may go a good way to replacing it.
So, long term, I hope to get moderately well off, if it makes me insanely rich, then there's gonna be a lot of ordinary people hurting, so not exactly wishing for that.
But otherwise, I can't see how one can not see how absolutely revolutionary and innovative it is, if you know the real story of money in the first place. I think if more people were educated about that, bitcoin would be a "no brainer".
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azguard
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Re: Are you interested in Bitcoin because of the concept or to get rich?
November 19, 2014, 06:16:19 AM
#188
Yes both are good.
Quote
So, long term, I hope to get moderately well off, if it makes me insanely rich, then there's gonna be a lot of ordinary people hurting, so not exactly wishing for that.
I sure hope for this to happen.
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bajlox
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Re: Are you interested in Bitcoin because of the concept or to get rich?
November 19, 2014, 06:19:03 AM
#189
Quote from: LFC_Bitcoin on November 18, 2014, 08:53:58 PM
Quote from: bitboy11 on November 18, 2014, 08:46:29 PM
Well...I doubt I'll become rich with Bitcoin but maybe I could make a living trading it.
It depends how much money is 'rich' to you.
If you can buy 25 BTC & HODL for 10-15 years you might be able to get life changing money out of it.
Maybe enough to buy a house.
yes but how many will wait for that long.
most of people want easy and quick cash or income.
but for rest i dont know, cuz you can know the price of any crypto in advance.
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MiningBattalion
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Re: Are you interested in Bitcoin because of the concept or to get rich?
November 19, 2014, 08:40:15 AM
#190
waiting
clarisclaris
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Re: Are you interested in Bitcoin because of the concept or to get rich?
November 19, 2014, 05:07:58 PM
#191
Quote from: TrailingComet on August 27, 2014, 07:30:01 AM
I love the elegance and high utility of the protocol. I love the idea of disintermediating the banks.
I am aware that holding btc could enrich me but in an ideal world I wouldn't have to turn my btc into fiat at all as everything I want could be procured in btc itself
my thoughts exactly
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