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Topic: Are we still unaware of Bitcoin's potential? (Read 484 times)

newbie
Activity: 44
Merit: 0
September 25, 2017, 12:15:23 AM
#26
Yes most of people don't know what is bitcoin and most of people who knows about bitcoin but they doesn't aware its potential. They doesn't know what bitcoin capable of. Their is many reasons why people don't believe in bitcoin, government influence is one of the reason.
full member
Activity: 266
Merit: 111
September 24, 2017, 11:05:41 PM
#25
Bitcoin has survived its 8 years and still doing fine. Governments and banking institutions are so much afraid that if fully adoptation of cryptocurrency particularly bitcoin will come the control over the money in the circulation for them will be at risk because of the idea that  no one will have the control over bitcoin. We are aware of many potential bitcoin can make in the society that is why governments are afraid of it
full member
Activity: 253
Merit: 100
September 24, 2017, 10:58:10 PM
#24
I think yess were totally unaware like that happen
we don't ............. know what if tomorrow the Bitcoin price go lower and lower..
and we dont know if it will hit  the 5k peak cross of BITCOIN said before or mid  2018's right..
what I assure now and hoppin is atleast stay at 4.5k peak point of BITcoin price before the year ends
hero member
Activity: 679
Merit: 500
September 24, 2017, 10:43:33 PM
#23
This is likely to be planned. To sell the noob of their bitcoins. Because if their plan is to fulfill the bitcoins that fewer they can buy such a discounted price. So now that bitcoins have fallen they have the chance to buy and get into the list to be rich. This is my opinion only because I have experienced it many times. And the only thing it does is to have the wealthy people who want to manipulate the price of Bitcoins so they can earn
full member
Activity: 346
Merit: 100
BitSong is a dcentralized music streaming platform
September 24, 2017, 10:39:17 PM
#22
Tons of us still really dont know the true potential of bitcoin. That is why the slightest bad news about bitcoin people dump their bitcoins and other cryptocurrencies. They still lack faith even with the data you can compare bitcoin from 2010. But that also made bitcoin attractive to high riskers, when others dump, some invest more and then look to the future for fortune.
member
Activity: 176
Merit: 12
September 24, 2017, 03:10:35 PM
#21
I think many newcomers to bitcoin are here for a quick buck instead of actually believing in the technology.
member
Activity: 87
Merit: 10
September 24, 2017, 03:08:35 PM
#20
Even I as a long time lover of Bitcoin constantly underestimate bitcoin. So I think most of us are unaware of it's potential. It is alot to wrap your head around. So yes, we are unaware.

newbie
Activity: 50
Merit: 0
September 24, 2017, 03:07:14 PM
#19
people still do not care about bitcoins. now its popularity has increased but all the same it is only a small part of the society.
legendary
Activity: 1218
Merit: 1007
September 24, 2017, 03:01:15 PM
#18
Last week,we saw that after JPMorgan CEO Jamie Dimon termed bitcoin as a fraud,we saw a slight down fall in bitcoin's price.We could easily understand that dimon belonging to the banking industry could not digest the gigantic growth of bitcoin.They feel that the growth of bitcoin is a direct threat to their banking industry in future.Nothing other than this could be expected from a person of banking industry.

     Guys,Bitcoin has successfully crossed its initial eight years successfully despite the actions taken against it by bankers and governments.

       Now,what i'm asking is, are we still unaware of bitcoin's true potential and do we still rely on such person's tweets for deciding whether to buy or sell our bitcoins?
Bitcoin can shrug off most of the statements that are made against it because there isn't anyone who they can really target, and it essentially becomes an asset which you can say "oh this can't work", although you have no way to prove that it really doesn't work, and the asset's marketplace proves you otherwise. Bitcoin has the power of being completely free of any representatives you can attack, you can only attack the asset. And, as I said, when you can only attack an asset which is noticeably doing well, there's nothing that can be done to stop it.
hero member
Activity: 742
Merit: 500
September 24, 2017, 02:55:30 PM
#17
probably, because there are still many who do not know about the existence of bitcoin. all the statements that come out of the people who often appear I feel is a trend where they can benefit from it. I do not think we are fully aware that bitcoin has enormous potential.
full member
Activity: 280
Merit: 100
September 24, 2017, 02:54:23 PM
#16
Last week,we saw that after JPMorgan CEO Jamie Dimon termed bitcoin as a fraud,we saw a slight down fall in bitcoin's price.We could easily understand that dimon belonging to the banking industry could not digest the gigantic growth of bitcoin.They feel that the growth of bitcoin is a direct threat to their banking industry in future.Nothing other than this could be expected from a person of banking industry.

     Guys,Bitcoin has successfully crossed its initial eight years successfully despite the actions taken against it by bankers and governments.

       Now,what i'm asking is, are we still unaware of bitcoin's true potential and do we still rely on such person's tweets for deciding whether to buy or sell our bitcoins?
We do know that bitcoins adoption or awareness isnt still on its full extent and on the thing you do say that we do rely on persons tweet then i dont really care at all no matter what they do and affects bitcoins price.
We are now on 8 years and counting but still bitcoin is still kicking and its sad for those people who did just dont know on bitcoins existence and its potential even us bitcoin users dont really mind on it also.

We're all aware of the potential but this doesn't work in practise. We don't have force to make others adopt the bitcoin and that's why companies like jp morgan can do anything they want.
full member
Activity: 168
Merit: 100
September 24, 2017, 02:52:32 PM
#15
       Now,what i'm asking is, are we still unaware of bitcoin's true potential and do we still rely on such person's tweets for deciding whether to buy or sell our bitcoins?

It depends on what who you refer as "we". We here I Bitcointalk? I don't think so! Here are so many great crypto enthusiasts around spendig their last dime and time to get bitcoin and cryto in generl forward. If you refer "we" to the general public then I would say 99% of the people are not aware of bitcoins potential. Those who only see it as an investment and don't have a passion about it and spend hours of getting to love the fundamental theorie of bitcoin are the weak hands. And whales who realy drive the price down make profit of that people.
sr. member
Activity: 812
Merit: 251
September 24, 2017, 02:48:59 PM
#14
Well, the fact that certain governments and some prominent persons are opposed to Bitcoin and crypto as a whole prove that said governments and persons are in fact aware of the potential. Saw a quote somewhere that goes something like "first they ignore you, then laugh at you, then hate you, and subsequently you win". Looks like we're now past the 'laugh'-phase and entered the 'hate'-phase. Sounds dire but is actually a sign of progress.

I couldn't agree with you more, certain key people and some governments out of reasons best known to them hate Bitcoin and it's progress to the core and so we should never undermine the potential of Bitcoin by their the judgement of these entities.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
September 24, 2017, 02:42:45 PM
#13
Yes. The lack of vision demonstrated by people here consistently blows my mind. There's endless threads about people selling at 10k. That's a really stupid level to sell at. That means that the game has just about started to begin.

It nudged $5000 with shit exchanges, massive infighting and stunning ignorance from the majority of the world.

Let the sellers blow it and regret it forever.
hero member
Activity: 583
Merit: 503
September 24, 2017, 02:38:46 PM
#12
Well, the fact that certain governments and some prominent persons are opposed to Bitcoin and crypto as a whole prove that said governments and persons are in fact aware of the potential. Saw a quote somewhere that goes something like "first they ignore you, then laugh at you, then hate you, and subsequently you win". Looks like we're now past the 'laugh'-phase and entered the 'hate'-phase. Sounds dire but is actually a sign of progress.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
September 24, 2017, 01:29:22 PM
#11
Last week,we saw that after JPMorgan CEO Jamie Dimon termed bitcoin as a fraud,we saw a slight down fall in bitcoin's price.We could easily understand that dimon belonging to the banking industry could not digest the gigantic growth of bitcoin.They feel that the growth of bitcoin is a direct threat to their banking industry in future.Nothing other than this could be expected from a person of banking industry.

     Guys,Bitcoin has successfully crossed its initial eight years successfully despite the actions taken against it by bankers and governments.

       Now,what i'm asking is, are we still unaware of bitcoin's true potential and do we still rely on such person's tweets for deciding whether to buy or sell our bitcoins?
We do know that bitcoins adoption or awareness isnt still on its full extent and on the thing you do say that we do rely on persons tweet then i dont really care at all no matter what they do and affects bitcoins price.
We are now on 8 years and counting but still bitcoin is still kicking and its sad for those people who did just dont know on bitcoins existence and its potential even us bitcoin users dont really mind on it also.
sr. member
Activity: 420
Merit: 251
September 24, 2017, 01:24:45 PM
#10
Last week,we saw that after JPMorgan CEO Jamie Dimon termed bitcoin as a fraud,we saw a slight down fall in bitcoin's price.We could easily understand that dimon belonging to the banking industry could not digest the gigantic growth of bitcoin.They feel that the growth of bitcoin is a direct threat to their banking industry in future.Nothing other than this could be expected from a person of banking industry.

     Guys,Bitcoin has successfully crossed its initial eight years successfully despite the actions taken against it by bankers and governments.

       Now,what i'm asking is, are we still unaware of bitcoin's true potential and do we still rely on such person's tweets for deciding whether to buy or sell our bitcoins?
"We", ie. the majority of people that have an account on this forum are very aware of Bitcoin's potential and are not moved by any such Wall Street crap.
Some "outsiders" who have no idea what Bitcoin is (a deflationary, transparent, trustless, decentralized digital currency) and only bought it based on what other 'financial experts' say, will be influenced by people like Jamie Dimon, who is also considered an 'expert'.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
September 24, 2017, 01:22:20 PM
#9
Last week,we saw that after JPMorgan CEO Jamie Dimon termed bitcoin as a fraud
There are also claims JP Morgan bought many Bitcoins days after that statement.

Quote
are we still unaware of bitcoin's true potential
The potential is obvious, but it's far from certain it can ever reach it's full potential.
copper member
Activity: 490
Merit: 105
★777Coin.com★ Fun BTC Casino!
September 24, 2017, 01:17:01 PM
#8
Last week,we saw that after JPMorgan CEO Jamie Dimon termed bitcoin as a fraud,we saw a slight down fall in bitcoin's price.We could easily understand that dimon belonging to the banking industry could not digest the gigantic growth of bitcoin.They feel that the growth of bitcoin is a direct threat to their banking industry in future.Nothing other than this could be expected from a person of banking industry.

     Guys,Bitcoin has successfully crossed its initial eight years successfully despite the actions taken against it by bankers and governments.

       Now,what i'm asking is, are we still unaware of bitcoin's true potential and do we still rely on such person's tweets for deciding whether to buy or sell our bitcoins?


Yes actually many people are still unaware of bitcoin's true potential, they do not know whose comment or which news to be taken seriously.Even JP morgan, chinese ban on ico and Btc could not shake the bitcoin market. These news or Statements are just for speculation purposes, they make the false statements just for accumulating more & more Bitcoin positions,they just want to create panic in people mind so that People like Jamie Dimon could get a Better price for Bitcoin and price of bitcoin will rise after they get their position. Roll Eyes this is how it works. Tongue
sr. member
Activity: 938
Merit: 256
September 24, 2017, 11:10:17 AM
#7
I think with some facts that can be learned about the potential of bitcoin such as price increases and bitcoin population growth at any time, and the addition of states expressing bitcoin as the official digital currency and having similar functions to fiat currencies.
And of course the bitcoin legalization in the country is a good support for the level of public confidence in bitcoin
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