Bitcoin is a game of conviction - page 3.

Whitehouse

sr. member

Activity: 448

Merit: 250

Quote from: Robert Paulson on April 05, 2015, 07:05:14 PM

Its as simple as that, whoever has the conviction to believe in honest money will eventually end up very wealthy.
its hard to hold through all the booms and busts, just ask anyone who bought at 1$ and sold at 10$.

Some say conviction others say delusion. I think there's a good chance that those who believe in bitcoin will see a great return at some point in the future but its by no means guaranteed. I certainly believe in the potential of bitcoin but the real question is do the rest of the world? Sadly the general public don't seem to be the smartest among us.

futureofbitcoin

sr. member

Activity: 322

Merit: 250

Quote from: unsoindovo on April 06, 2015, 05:39:46 AM

Quote from: futureofbitcoin on April 06, 2015, 04:15:44 AM

Quote from: unsoindovo on April 06, 2015, 04:09:06 AM

here's a basic misunderstanding.
The wealth of bitcoin is decentralization!!!
Many people just want to get rich with bitcoin buying to $ 1 and selling at $ 10.
but at the end, will only have dollars ... and will always be slaves of central power of the banks.

that's all.

What's your definition of slave? You can equally say that bitcoiners are slaves of bitcoins.

absolutely NO!
if you wan to do a payment, you do not need a third part bank services...
you manage your wallet.
you manage the payment.

remeber: decentralization it is the key!

that's all.

I don't need a bank to manage my wallet either. I use a bank because it gives convenient services. Decentralization is completely overrated.

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

Quote from: Robert Paulson on April 05, 2015, 07:05:14 PM

Its as simple as that, whoever has the conviction to believe in honest money will eventually end up very wealthy.
its hard to hold through all the booms and busts, just ask anyone who bought at 1$ and sold at 10$.
-snip-

Whereas I agree in general with what you wrote the fact is that most of the rise behind Bitcoin so far was driven by illegal, or semi-legal businesses and pure speculation which has very little to do with the 'honest money'.

unsoindovo

legendary

Activity: 1932

Merit: 1042

https://locktrip.com/?refId=40964

Quote from: futureofbitcoin on April 06, 2015, 04:15:44 AM

Quote from: unsoindovo on April 06, 2015, 04:09:06 AM

here's a basic misunderstanding.
The wealth of bitcoin is decentralization!!!
Many people just want to get rich with bitcoin buying to $ 1 and selling at $ 10.
but at the end, will only have dollars ... and will always be slaves of central power of the banks.

that's all.

What's your definition of slave? You can equally say that bitcoiners are slaves of bitcoins.

absolutely NO!
if you wan to do a payment, you do not need a third part bank services...
you manage your wallet.
you manage the payment.

remeber: decentralization it is the key!

that's all.

Mervyn_Pumpkinhead

legendary

Activity: 876

Merit: 1000

In the mind of a bitcoiner, "honest money" is about making a bunch of speculators rich, who do nothing but buy, and then sit on their arse and hope really-really hard to become successful.

It's not like a honest monetary system should be about rewarding those, who actually contribute something useful to society. Let's all start to feed the honest leeches that are called bitcoiners. Their virtuous quests for easy riches are full of honesty and integrity.

futureofbitcoin

sr. member

Activity: 322

Merit: 250

Quote from: unsoindovo on April 06, 2015, 04:09:06 AM

here's a basic misunderstanding.
The wealth of bitcoin is decentralization!!!
Many people just want to get rich with bitcoin buying to $ 1 and selling at $ 10.
but at the end, will only have dollars ... and will always be slaves of central power of the banks.

that's all.

What's your definition of slave? You can equally say that bitcoiners are slaves of bitcoins.

unsoindovo

legendary

Activity: 1932

Merit: 1042

https://locktrip.com/?refId=40964

here's a basic misunderstanding.
The wealth of bitcoin is decentralization!!!
Many people just want to get rich with bitcoin buying to $ 1 and selling at $ 10.
but at the end, will only have dollars ... and will always be slaves of central power of the banks.

that's all.

umairsaleem

hero member

Activity: 658

Merit: 500

Quote from: Robert Paulson on April 05, 2015, 07:05:14 PM

Its as simple as that, whoever has the conviction to believe in honest money will eventually end up very wealthy.
its hard to hold through all the booms and busts, just ask anyone who bought at 1$ and sold at 10$.

It's hard to say, for those who bought at 1~10$ and sold at 1000$, Bitcoin is already a gold to them while for those who bought at 1000$ and sold at 200 or so, Bitcoin is still nothing or shity to them.

Amph

legendary

Activity: 3248

Merit: 1070

in other simple words, keep holding and you will become rich right? that's what every one should do, leave the whales eat each other, while we hold forever

Robert Paulson

sr. member

Activity: 448

Merit: 250

Its as simple as that, whoever has the conviction to believe in honest money will eventually end up very wealthy.
its hard to hold through all the booms and busts, just ask anyone who bought at 1$ and sold at 10$.

Topic: Bitcoin is a game of conviction - page 3. (Read 2584 times)