Topic: Bitcoin is Money Maker...stop fooling yourself with technology BS... (Read 322 times)

bitcoin technology is sure old actually but then most of the merchants are accepting it and most are storing their money in BTC which is why its still the king. of course they hate to break it to you but its the truth, there are just tokens with better technology such as Monero, DASH and lets consider ETH as it still have better value though its a platform.

This may account for most altcoins but bitcoin is not bragging about new technology.

Bitcoin tech is ancient and works very well. Agree that people should stop blindly following tech based coins which only implement tech to sell their coin.

Money influence the development of such system but its not just a money maker technology that gathered peoples attention inside this investment its a trust that incoming years this system will adopted and being use by more people who's dealing with digital system and hope that even in a daily basis this can also be one of the mode of payments.

What you have said is quite true. Money has become a factor for the growth of Bitcoin. The technology was the factor that started it's growth but then as people saw money flowing through it attracted more people towards which in turn increased more money in it. So thats how bitcoin is a money maker. The technology is driving it. As the Bitcoin community grows the development of BTC will be compulsory and that will be the time when technology starts playing its role again.

who cares about your degree?is there someone asked about it?i think you know the answer..if you are really a degree holder,you should know how to respect somebodies point of view as long as it doesnt do anythi bad about you.isnt bitcoin one of the advance technology?isnt it advance being decentralize to be used by those big country now as currency?a mode of payments?you know nothi about bitcoin.use your degree to make research ..

Yes, bitcoin was 1st one  successfully introduce this concept. But after that, then new development continue...now lot new variant already on market(in term of technology).
What i hate is when people talking shit like bitcoin is something will change the world....
Indeed, blockchain will have lot impact on next technology implementation...event there still debatable regarding electricity consumption which cost 1 years electricity cost for 1 houses to create just 1 block.

R U really an engineer? Tier 1, or Tier 4, CMU/MIT, or UofID??

It took 20 years of the bright-test minds of CRYPTO to finally solve the puzzle, the most advanced HW on earth is all being deployed to mine coin's; 99% of the  ppl on these forums don't know C++, and couldn't code or read code if their life depended upon it,

If your making more money on COIN, than your day-job, then you must be one under-paid engineer, its a hobby for most at best, just because since 2004 its gone up 10X doesn't mean that trend will continue, not that many people have made BIG money in BTC, most of people came here rich to begin with,

BTC is jut the beginning, the US Dollar is DEAD, and the Chinese need to get their wealth out of China, Governments print FIAT that they use for war, CRYPTO changes everything.

Take a little boy name Buterin, just a typical nerd but super coder at 14 years of age, because of his TECH SKILLS today he's a BILLIONAIRE, now tell us what was it that made him a billionaire?? The TECH or lack of hair on testicals??

Lot's of people get rich, but its going to be the people who MAKE the tech, who know the tech, and the people who come here rich, and move their money into BTC so they can hide it from GOV,

The secret of MONEY is keeping your money, and BTC allows people to hide their wealth anonymously, like SATOSHI, a hidden billionaire.

Satoshi wasn't TECH, he was a MATH CRYPTO guy, but he wrote code, and solved TECH problems that nobody before could solve, now today the world adopts that tech.

IMHO U shouldn't be an engineer, you seem to have no interest in what makes the world tick, BITCOIN is not the last word in synthetic-crypto-currency, this is only the beginning,

But mark this notion, its ALL tech, the people who DAY-TRADE BITCOIN bring NO value to the table, never have, and never will.

Bitcoin surely is not the most advanced tech compared to other coins. I also agree with you that Bitcoin is only about valuestorage and therefore money. But in the end I believe in blockchain technology and this is the most important thing for me. I am not reducing it to Bitcoin, I believe in the whole idea of decentralization through blockchain tech.

But there not really big technology impact. I'm engineer myself so i completely understand blockchain technology inside and outside...
For me, it just money maker tools....technology involved for sure, but i hate when people stupid enough to talk bitcoin technology is new thing and something amazing..which is not.

There's some technology involved in it, don't be disingenuous. At the same time it is not all about the technology either, money is what motivates people, and there is nothing better for people to do than make money these days. People get involved in things because there is a carrot; money, power, honor, glory, something along those lines. Money is a great addition to the entire thing, and the blockchain is pretty nifty in its own right. It's not like the two are mutually exclusive and we have only one or the other.

I cannot be with you on this people don't just buy bitcoin because of making money LOL !!  you cannot take the most important part about bitcoin and just through it away. people buy bitcoin because of the many advantages it has advancement in technology security etc... if you are just in it for the money then at the first time you lose you will leave bitcoin for ever without even supporting the idea of making a new financial system taking over the old one .


P.S when i am taking about bitcoin in here i am talking about crypto currencies in general.

you are delusional for thinking bitcoin is making money just because it is making money.

in reality bitcoin is making money (rising price) because it is a useful technology, in other words a useful currency which is also decentralized. that is why it is getting adopted more, used more, and rises more and more so it "makes money" for those who invest in it early on.

if you remove the technology part and the currency part then you will be left with some meaningless numbers on your screen that people are paying money for them. and that is dangerously close to a Ponzi scheme.
additionally as you can see the technologically advanced countries such as Japan have adopted bitcoin as a currency not a money making machine. and that is the main reason for this year's rise.

Bitcoin surely is not the most advanced tech compared to other coins. I also agree with you that Bitcoin is only about valuestorage and therefore money. But in the end I believe in blockchain technology and this is the most important thing for me. I am not reducing it to Bitcoin, I believe in the whole idea of decentralization through blockchain tech.

Yes, I will somehow agree to you. Originally, bitcoin was for making anonymous payments over silk road but when it went mainstream, people saw it as a trading asset. And now, Roger Ver is an asshole. Keep that in mind. Roger Ver is an asshole.

I have to agree to some degree. Bitcoin's technology is outdated compared with some alts, but in the end, it's all about money. This is why people stage forks and why they fail. Investors who are out to spend money are more concerned with the growth of their investment than the actual technology. Heck, I'm pretty sure there are people out there who are investing in Bitcoin without the slightest knowledge about its features.

However, if the goal is mass adoption, which it is and should be, technology will matter. Bitcoin should be able to handle mass demand if it wants mass adoption.

I'm computer & database engineer. I love bitcoin, trading bitcoin make huge money compare with my monthly salary as engineer.

But when people tell me it advance of technology bla bla bla. i'm getting sick....

Let accept it, bitcoin is money maker. When we accept this, bitcoin community will be strong again.
Delusional peoples will not make thing better.