“Bitcoin is the laughing stock of our firm”

Wind_FURY

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Quote from: BrewMaster on April 15, 2021, 04:55:07 AM

Quote from: Wind_FURY on April 15, 2021, 04:25:17 AM

How many more years must the Bitcoin protocol run before the nocoiners accept it? How many more years must Bitcoin continue to accrue value before it’s not “Tulip Mania 2.0”? 20 more years? 30 years? If Bitcoin “died”, do the nocoiners actually believe that the idea of Bitcoin and its ethos will simply go away?

i don't think this has anything to do with bitcoin or how long or strong it is going to run for because it wouldn't make any difference for those who spread this type of FUD in the end.

Debatable. After FUD, comes acceptance. Give it 50 years, and Bitcoin wouldn’t be “something new” and something misunderstood anymore, and many of the FUDsters have probably have died, have retired, or have given up. The financial system might also have evolved to onboard it within the system.

kryptqnick

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Quote from: Wind_FURY on April 12, 2021, 04:19:18 AM

There are people currently like this today, as there was 8 years ago. Nocoiners. How long must the network run before they can admit that Bitcoin, and the idea of Bitcoin, has opened a Pandora’s Box, never to close again.

How high must Bitcoin’s price go before they accept it as a self-sovereign Store of Value, HODLed as a hedge in case the Fed/Central Bank, and the government loses control of the financial system?

To be honest, I don't even want them to accept Bitcoin. These are greedy profit-focused people and entities that were skeptical about Bitcoin for years no matter how high it rose. They were blind to it before, and they'll happily dump Bitcoin when they see fit if they start investing in it. They're unreliable and will not become a part of the community, and they won't care about anything that Bitcoin offers apart from its price dynamics. And when they start taking it seriously as their source of profit, they'll probably push for regulations that favor their companies but put independent Bitcoin investors and traders at some disadvantage. To hell with these guys.

acroman08

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not surprising, but aren't there always people like that when a new idea, technology or other stuff that are out of the ordinary? I wonder what the person behind the post thinks of bitcoin now.

also, I doubt the price of bitcoin would change the mind of these kinds of people.

BrewMaster

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There is trouble abrewing

Quote from: Wind_FURY on April 15, 2021, 04:25:17 AM

How many more years must the Bitcoin protocol run before the nocoiners accept it? How many more years must Bitcoin continue to accrue value before it’s not “Tulip Mania 2.0”? 20 more years? 30 years? If Bitcoin “died”, do the nocoiners actually believe that the idea of Bitcoin and its ethos will simply go away?

i don't think this has anything to do with bitcoin or how long or strong it is going to run for because it wouldn't make any difference for those who spread this type of FUD in the end.

lets look at the reasons why they spread FUD.
they are either traders who want to swing the market in the direction they wish to, for example when they have some short positions open and wish to see them filled so that they can make profit so they spread FUD as much as they can to make people panic sell. they will never stop.
the others are big centralized corrupted actors who feel threatened by bitcoin's existence and will continue pushing the FUD as long as their corrupt business is afloat. as soon as they go under their FUD stops too.

Kong Hey Pakboy

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Quote from: Harlot on April 13, 2021, 12:20:10 PM

This would simply made my day if I was there during that time but for me it is a waste of time to try to even argue with them as they could either be a troll or just a person who isn't open-minded at all. Spending your time arguing with them is something that you must not really focus on as Bitcoin time and time again would just make them eat their own words just like how JP Morgan and other companies have changed their views towards the crypto industry and Bitcoin in particular. At least now people who have believe Bitcoin during the early days are sitting safely on a profit while these guys from 8 years ago might now be trying to buy Bitcoin at 60,000$ a piece.

Its not that their aren't open minded, they just don't know how to make sense out of bitcoin because conventional market is ingrained in their core that it challenges their beliefs and we all know that when people have their beliefs challenged, they tend to disagree with the facts and they disregard the potential of something.

Wind_FURY

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Quote from: Trupik on April 14, 2021, 01:18:19 PM

Quote

Tulip mania, look it up

Really, do look it up. When you do, you will realize that the "investor" comparing it to Bitcoin either knows nothing about Tulip mania, nothing about Bitcoin, or both.

How many more years must the Bitcoin protocol run before the nocoiners accept it? How many more years must Bitcoin continue to accrue value before it’s not “Tulip Mania 2.0”? 20 more years? 30 years? If Bitcoin “died”, do the nocoiners actually believe that the idea of Bitcoin and its ethos will simply go away?

Trupik

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Quote

Tulip mania, look it up

Really, do look it up. When you do, you will realize that the "investor" comparing it to Bitcoin either knows nothing about Tulip mania, nothing about Bitcoin, or both.

tinopener

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I would have that thought that any genuine FX trader would be all over Bitcoin, purely for the volatility.

It might even save money on leverage fees.

TangentC

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Quote from: Wind_FURY on April 14, 2021, 01:54:00 AM

Do you have more to add before I report your post?

Nope, 12 year olds are supposed to cry to their mommy when they can't handle a situation.

Feel Free.

Wind_FURY

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Quote from: ?? on ??

Quote from: Wind_FURY on April 13, 2021, 12:36:38 AM

Quote from: franky1 on April 12, 2021, 05:39:31 AM

"how high must the price go" (facepalm)

its not the price that sets it as being a good store of value
its the utility of being a store of value that makes it a good store of value

Debatable. Because who would be willing to use something as a Medium of Exchange if it had no value? Why would I, or anyone else, want to accept a thing of no value as payment? Plus an example. Bcash has more “utility” because of higher throughout as a Medium of Exchange, but why does Bitcoin hold more value?

Quote from: TangentC on April 12, 2021, 05:48:07 PM

Quote from: Wind_FURY on April 12, 2021, 04:19:18 AM

There are people currently like this today, as there was 8 years ago. Nocoiners. How long must the network run before they can admit that Bitcoin, and the idea of Bitcoin, has opened a Pandora’s Box, never to close again.

How high must Bitcoin’s price go before they accept it as a self-sovereign Store of Value, HODLed as a hedge in case the Fed/Central Bank, and the government loses control of the financial system?

You stated in previous posts , you hold no bitcoins, does that not make you a nocoiner?

If you truly believed in bitcoin , why do you refuse to hold any?
Honestly wondering.

Use your computer, and go find the meaning of the word “Sarcasm”.

Are you Kohas887’s friend? How is he?

Oh , so you were lying in the previous posts.

I was merely TROLLING, the troll. Cool

Quote

Sorry can't really tell when you are telling the truth.

I’m the stupid one in the forum. I already told everyone to never listen to me. They should listen to the smart people like you and Knoas556

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I imagine, he and Tman are doing fine.

Tman? The person Kohas689 has been accusing me of being an alt-account of? I’m actually the doppelganger of franky1. You can call me franky2. Cool

Quote

By the way congrats on your 12th birthday, a few more years and you can start driving.

Do you have more to add before I report your post?

nightxglow

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Quote from: Lucius on April 12, 2021, 05:36:05 AM

It’s completely wrong to think that someone has to change their mind just because Bitcoin is worth $60 000 today, and 8 years ago it was worth a few hundred dollars. It’s not a matter of price or blockchain, such people will always find a reason to have a negative opinion - some people are just like that and will never change their mind.

I personally know people who consider Bitcoin a scam which will fail sooner or later, they thought so 5 years ago, and they think so today - and when they ask me what’s going on with BTC, I tell them it really failed - time is too precious to we spend it on such people. The only difference that may exist then and now may be in their subconscious, before they really believed it was a scam, today they don't really believe it anymore, but they try to keep the idea alive - it's easier than admitting that they were wrong.

After all, how many of these nocoiners are paid to shill the existing financial system?

Yes, it's 8 years ago and no wonder people thought that way actually, and things changed already, people grow up and might learn new things, so i guess no need to hate or look down on someone's opinion from 8 years ago. Maybe that time, earning and selling btc is the best way, they have no idea it will be this high so they don't really believe in the concept of holding, who knows right?

DoublerHunter

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Quote from: Wind_FURY on April 12, 2021, 04:19:18 AM

~snip~
How high must Bitcoin’s price go before they accept it as a self-sovereign Store of Value, HODLed as a hedge in case the Fed/Central Bank, and the government loses control of the financial system?

^ I don't think real currency traders would tell that. The fact that he is currently working in a firm, probably he knew how finance works. Even if they do not need it to get rich, they still know the core and fundamentals of cryptocurrency. Something that they can take advantage of. They are actually the ones who could use bitcoin for their professional staff. Nevertheless, probably this is not legit and I dont think professionals have that much time to hate.

Harlot

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This would simply made my day if I was there during that time but for me it is a waste of time to try to even argue with them as they could either be a troll or just a person who isn't open-minded at all. Spending your time arguing with them is something that you must not really focus on as Bitcoin time and time again would just make them eat their own words just like how JP Morgan and other companies have changed their views towards the crypto industry and Bitcoin in particular. At least now people who have believe Bitcoin during the early days are sitting safely on a profit while these guys from 8 years ago might now be trying to buy Bitcoin at 60,000$ a piece.

pixie85

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Quote from: LFC_Bitcoin on April 12, 2021, 11:43:29 AM

I have one thing to say to all the doubters, all the people who criticised us for HODLING during the bear markets & refused to buy -

Have fun staying poor.

They posted it 8 years ago. I suspect they had a nice laugh when it hit 1000 dollars in 2013 and then 20 thousand and then 60 thousand Cheesy

If you went to their firm today with a bitcoin shirt on you would be able to hear teeth grinding and nails being bitten off.

There's one thing they're right about. Most bitcoin traders don't know what they're doing and are blinded by dreams of big money. They want money here and now and it hurts them.

doomloop

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Quote from: Wind_FURY on April 12, 2021, 04:19:18 AM

There are people currently like this today, as there was 8 years ago. Nocoiners. How long must the network run before they can admit that Bitcoin, and the idea of Bitcoin, has opened a Pandora’s Box, never to close again.

How high must Bitcoin’s price go before they accept it as a self-sovereign Store of Value, HODLed as a hedge in case the Fed/Central Bank, and the government loses control of the financial system?

Some people have serious problems, although I wouldn’t blame some of them because they do so out of experience they have had in the past, but there are those who are just plain dumb and no matter what they are not going to understand it and they are going to keep saying trash about it, while some are also those that are angry that they missed the train and they are now saying trash just bring it down so that no one will be interested in, which is definitely not going to happen, they are just running around for nothing.

When you see such people you shouldn’t be trying to convince them about anything, don’t stress yourself about them, just focus on yourself and do your thing. Nobody said they are not seeing how Bitcoin has been progressing, they have just decided to be dumb. So, leave them.

goldade

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The Standard Protocol - Solving Inflation

I wouldn't blame them. They just don't understand what bitcoin is and how it works. I believe the real problem for them is their inability to understand the concept of decentralization. I guess they have been so used to the centralized authority of the finance that they are blind to see that there's a better way for finance.
You really can't do much concerning this other than subtly showing and proving to them what bitcoin is and how it works. If, however it gets to a point where they are not ready to listen anymore, it is advisable that you keep your views to yourself.

Alert31

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Trident Protocol | Simple «buy-hold-earn» system!

Maybe bitcoin is a laughing stock for others before but not at this time. If those people look at bitcoins value now from just a single or even a cent from the past ten years , then I think they can't laugh now instead they will amazed. Also I believe that those who laugh at bitcoin are now one of bitcoins investor. Pandemic is not a joke and bitcoin stand as financial institution because fiat has lose it's value. Just think of bitcoin now, is it laughable or valuable?

galestorm

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Futurov

The idea of bitcoin is absurd for them, they think that it will never work nor gain value. Several years to the present and I think all of us will agree that bitcoin has drastically gained value as well as popularity. People are beginning to recognize bitcoin for what it is, a decentralized coin that can be used by anyone as long as they have access to the digital platform. I guess people like that are skeptical of bitcoin because of its volatility, unlike Fiat which is stable and highly accessible to the public.

cabron

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https://www.betcoin.ag

One reason why they want to get in is because of the USD value due to the money printing to which Saylor describes as a melting block of ice. The list of known wealthy individuals who had invested in BTC right now had openly said to the public including Paris Hilton that they had bought BTC.

If they still are not up to protect their wealth today, the government will just take their money away in the form of printing trillions into the economy which will eventually turn it into melted ice. Zimbabwe is an example.
But most importantly, BTC is a better store of value that can be sent instantly unlike Gold that stock market guys are trying to buy this time.

Lorence.xD

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Quote from: iTradeChips on April 12, 2021, 10:28:01 PM

So much has changed with Bitcoin, and so many fortunes were made and lost because of Bitcoin. But the last laugh has got to be from the the people who believed in Bitcoin from the very beginning. Those who bought even a handful of crypto are now living comfortable lives. Those who are late at the party in 2017 were able to multiply their profits 5 or 6 fold. Now the late comers will also hope that in a few years, Bitcoin will rise up to 300,000 dollars and will be the master of all digital assets.

We didn't know the changes that will happen in the future so we tend to be doubtful. Maybe this is just the beginning of the rise of crypto and what we currently see is just the starting line for bitcoin, the people who laughed back then are now begging to get in.

Topic: “Bitcoin is the laughing stock of our firm” (Read 460 times)