Post
Topic
Board Economics
Re: Bitcoin believers/investors are foolish or low IQ people ?
by
Mike Mayor
on 12/06/2019, 20:16:29 UTC
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.