Bitcoin: The Money of the Rich and Influential?

[gurunanakji777]

I believe in the future Bitcoin will be in the hands of rich and influential people because of high cost and an ordinary man will not afford to buy but we should not blame that situation that can happen in the future even we also got chance to buy bitcoin at less value but now the market value of BTC is quite high to afford by a common man But if we act on the right time we will also hold a good amount of Btc by now. Apart from those who trust Btc and holds it for long are now happy and they do not need to think otherwise.

[mlawson71]

All currencies are controlled by the rich and influential, Bitcoin is no different.

[Ferki]

The earlier you understand Bitcoin as a financial asset, the more you will have of it. I know that Bitcoin was developed to serve as a currency.
Come on, now, really, does anyone else believe that? Currency? Money? Something like Fiat? A lot of institutional don't believe in this, why should you?
Gold? Yes, more like that.
Anyone who owns half or even a whole Bitcoin in 5 years will be part of the elite, one that belongs to 1% of the population, something special.
Oh well, a bit overdone 

[Komorhan]

Bitcoin is digital gold that will help preserve wealth and protect against inflation and national currencies! Today, not many people own gold and the main reserves are in the hands of large investors, so it will be with Bitcoin!

[Triedboy]

Bitcoin futures are very good which can never be imagined so Bitcoin price is possible. If you want to get rich in a few days, you must invest in Bitcoin. I think those who invest in Bitcoin must be very rich. If he wants to be big in life, he must take big risks, then he can be successful. Now that the price of Bitcoin has come down, there is no reason to be afraid. Of course, the price of Bitcoin will go up.

[Batch18-19]

By trading on Bitcoin and also other coins in crypto, it will indeed be able to make us suddenly rich. But we also have to remember that the risks are very big.

Risk is very well associated with cryptocurrency. You can never be successful without taking cryptocurrency risk.However, those who can afford to invest more in cryptocurrency can see the face of success.Hope you understand.

[Falcon]

Bitcoin is the money of everyone who can afford to buy. Basically Bitcoin is convertible to money so BTC is a valuable investment that good to save for the long run. Bitcoin with leading altcoins are good investment and this opportunity is open for everyone who can afford to buy. This is just for the rich and influential people. Bitcoin is decentralized and accessible by the people who knows how to avail and store it in the safe wallet.

[bitbit97]

I dont understand why is Bitcoin "Money of the rich", while everyone can have it. There are a huge number of options how to become a bitcoin owner, even in the areas where crypto is prohibited. Just buy, hold and become rich also. Like people say "market is always open" and everyone is welcomed.

[Spaffin]

Bitcoin is the money of everyone who can afford to buy. Basically Bitcoin is convertible to money so BTC is a valuable investment that good to save for the long run. Bitcoin with leading altcoins are good investment and this opportunity is open for everyone who can afford to buy. This is just for the rich and influential people. Bitcoin is decentralized and accessible by the people who knows how to avail and store it in the safe wallet.

The fact is that today Bitcoin has already risen in price quite high, but nevertheless, if we take into account the forecasts about its future prospects, it is still quite an attractive investment asset. It is not necessary for a person to buy one or two Bitcoin, and if he can afford to invest a certain amount in Bitcoin for a long time, then this will definitely bring him a profit. Thus, it is not only for the rich, but for those who have information and understand what they have to do, and whether they have money to risk it.

[Prime]

I dont understand why is Bitcoin "Money of the rich", while everyone can have it.

Yep, Bitcoin is for everyone, even for rich or poor people. It is also not a sign of being rich or poor in life, having Bitcoin is a common thing right now. However, it is true that investing in Bitcoin can make people be rich since Bitcoin investment has a big potential to gain high profits. But it doesn't mean for rich people only or the sign of a rich people.

[Master107]

I dont understand why is Bitcoin "Money of the rich", while everyone can have it. There are a huge number of options how to become a bitcoin owner, even in the areas where crypto is prohibited. Just buy, hold and become rich also. Like people say "market is always open" and everyone is welcomed.

Absolutely Bitcoin is not just for the rich rather for everyone who can afford to buy even they are from prohibited countries. There are more ways to buy Bitcoin and hold but it doesn't mean to become rich someday. It depends on how much you hold and what will be the value of Bitcoin in the future. And how did you manage the wallet keys to make it safe.

[Lenipiw]

The price of Bitcoin fluctuates a lot in the cryptocurrency market. But the cryptocurrency market is certainly important for investment and trading. Investing in the cryptocurrency market tends to be much more profitable than most.So the demand for cryptocurrencies is constantly increasing. Bitcoin in particular is becoming much more valuable. May be used as an alternative to future money.

[dodok]

If in my opinion bitcoin can be owned by anyone but the most influential thing is the person who buys bitcoin on a large scale which is very influential on the price of bitcoin, when large purchases of bitcoin supply become scarce this is what makes bitcoin prices go up, during large sales  bitcoin price will go down.

[Ghozrd]

Come on, everyone can own Bitcoin, even though the elite have 100 Bitcoin and I have at least 0.005 BTC, that number will still be valuable, we can buy Bitcoin anytime.
There is nothing to worry about, everyone can buy Bitcoin according to the funds they have.

[Btceth01]

Yes, that's right.  This bitcoin makes the sound of those who can buy and invest.  Those who have money and those who can take ricks can be rich in the future.  In fact we don't have money, we can't buy bitcoin and we can't make money from bitcoin.  Many of those who have money have bought and invested in Bitcoin and made millions of rupees from it.  So I would say that Bitcoin sounds late.