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Topic: “Bitcoin is the laughing stock of our firm” - page 2. (Read 382 times)

legendary
Activity: 2898
Merit: 1823
"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?

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?
legendary
Activity: 3458
Merit: 1960
Leading Crypto Sports Betting & Casino Platform
You know, some of these people are still at the beginning phase of disruption where they laugh at you for your stance on a new innovative technology. (The same thing was said about the first vehicles, when people used horses as transport and also the first digital photos, when people still used Kodak film)  Wink

Let you be that person who will laugh in the end, when Bitcoin become a mainstream currency. Do what I do with the no-coiners... just smile at them, when they make all those ridiculous statements and tell them.. "See you at the next all-time-high"  Grin
legendary
Activity: 3472
Merit: 10611
Nocoiners.
Are they really? I'm always skeptical though. Why would someone who finds something a "joke" waste their time so much on that "joke". For example I consider altcoins a joke so I don't spend any time telling people in the altcoin community they are wasting their time on that "joke", why would I?

In my opinion, all of those who spend time telling us we are making a mistake are spreading FUD and are already accumulating bitcoin themselves.
hero member
Activity: 2086
Merit: 603
I think bitcoin is choice! Or may I say everybody has their own choice whether to talk by our side or against us. They might not be techie guys, or they don't love the change. It could be possible that they are from the world or mindset where the change is not acceptable to them. In every situation we see opposition so I believe that we need not take them seriously.

Those who are in it will get benefited, those who are not won't! Its that simple formula. I see no point in reading the technological advancements in front of goons!  Wink
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
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.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
*Laughs in Gamestop Craze*. Investing firms are basically just legalized corruption offices where people call in to get their money stolen from them, so to actually hear this from someone no different from a criminal is quite funny. At the very least we have a very strong price resistance that can't easily be dialed back to zero, unlike some hedge funds out there that literally got finessed over by self-proclaimed retards from Reddit. Keep holding diamond hands.
member
Activity: 266
Merit: 20
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.

hero member
Activity: 2996
Merit: 600
Eloncoin.org - Mars, here we come!
Bitcoin doesn't have to prove anything with those close minded people. I bet that when bitcoin has reached $20k, they've already joined and have a thought that they're all wrong with what they've said but chose to kept silent. Those doubters are probably feeling sorry that they've ignored bitcoin years back and didn't bought any amount of it. Well, as they say, we still have the last laugh while them probably are thinking of it every night that they've wasted those years of opportunity to buy it at a huge discount.
sr. member
Activity: 1428
Merit: 275
BitByte Crypto: https://link3.to/bitbytecrypto
Every one of those will say that bitcoin is more volatile or it would go to zero. Just look into this: indian stock investors lose Rs 9 lakh crore in one day and still they'll say that bitcoin isn't having such potentials or more volatile market than others which is ridiculous.  Grin Grin Let them keep saying this and we'll be on the long drive for moon.  Wink
legendary
Activity: 2464
Merit: 2094
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.
This doubt arises because bitcoin is a relatively young asset, although currently developer have succeeded in making it a very safe asset as a store of value and long-term investment. I thought people were only considering the risks to bitcoin as an investment asset but no one knew that we were going to go through a big bull cycle in 2021.

It's pointless to say we are disappointed because never really believed in the potential that bitcoin has, and the main reason is that not everyone is built to be brave enough to make decision about thing that have the potential to be financially detrimental. Bitcoin (trading or investing) has been a high-risk asset from the time it was launched until now, and anyone who dare to accept that risk will enjoy it.
legendary
Activity: 2282
Merit: 1268
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?

I agree, and to add I know people who have been dead set against it up until this year
when they decided, yes its OK to buy now. Its like they need proof that its a viable
thing, and what better proof than the market price.

Those people from years back who are still outwardly against Bitcoin but secretly
wish they bought it instead of point blankly dismiss it, I call them 'Wishcoiners'
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
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.
full member
Activity: 1358
Merit: 104
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?

I think bitcoin price will not down anymore. Few years ago  Bitcoin price was lower 1$-100$. You can see  now bitcoin price is average $55k-$59k.Those who don’t know about bitcoin to them it would seem like a joke.So i think bitcoin price will be continued.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
~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?

Well I think it's not about the price but it's ability to be accepted as a payment method. People will keep talking on the speculation part for decades.
But when bitcoin is accepted widely as a payment method only then will such people realize that bitcoin is indeed the real deal.
The decentralized cryptocurrency can indeed be used for payments across the globe. It's just a matter of WHEN and until that such people will keep criticizing bitcoin.
legendary
Activity: 4214
Merit: 4458
guys the topic creator has a known presence in the forum for trying to poke

he purposefully found a 8 year old reddit post to set a debate
key facts are in 2013 the only exchanges were btc-e, bitstamp, mtgox. and mtgox was going through its lock-in and close down drama

so yea in 2021 context it looks like the topic is about wallstreet damning bitcoin. but in context of 2013 if someone that only knows about bitcoin via news of mtgox drama

most of the comments from no-coiners are about price and exchange drama.. nothing at all to do with the understanding of bitcoin itself. heck even the topic creator wants to spin it into a price discussion. which makes him no better than no-coiners
legendary
Activity: 3080
Merit: 1500
There are still many people in this world who believe bitcoin is a waste of time and money. But these kind of people were always there and they will remain as it is! The most notable one is probably Mr. Buffet. In reality, he could have multiplied his wealth by few thousand percentage if he had believed in bitcoin.

These are the people that gives us the pleasure of winning against all odds. So they are also essential in this eco system.
hero member
Activity: 2086
Merit: 994
Cats on Mars
"a real currency trader"  ok, i believe you Grin  A troll just having a good time trolling people on reddit. I bet the user who made that thread, probably some basement dwelling bastard, recently realized that the value of btc was sub $5k not too long ago and now they're pissed thinking how they missed a once in a lifetime opportunity investing in btc. That or they're just a shitcoiner holding bags of worthless alts
hero member
Activity: 1904
Merit: 510
if you say bitcoin is your joke and you make it your company's laughing stock it is very wrong ... because now people are already using bitcoin as their investment and trading tool. maybe with the increasing number of bitcoin users maybe other companies feel afraid because they will unable to compete with bitcoin ... I am sure that the more laughing bitcoin is, bitcoin will continue to advance
hero member
Activity: 2968
Merit: 913
Haters gonna hate and trolls gonna keep trolling...Let them do what they are going.
Nocoiners and Bitcoin haters will continue to hate,even when the Bitcoin price hits 100K or 200K USD.
Should we pay attention to the trolls?Nope,we are feeding the trolls with our attention.Do not feed the trolls..
I'm a Bitcoin maximalist and I don't like the altcoin market,but having competition is supposed to be good,even though Bitcoin doesn't have any competitors. Undecided



legendary
Activity: 2758
Merit: 1228
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?

Bitcoin going higher actually doesn't change the perspective of nocoiners, it might even make them double down on their belief that Bitcoin is a bubble. The only thing that can change their minds if more adoption from institutions that they respect - notable investors, economists, governments, their favorite financial guru, etc.

The current adoption made by billionaire is a gamechanger and I believe those who laugh then think about bitcoin is a bubble are now slowly changinv their minds about it since imagine how big the profitability rate it got even since before for sure those economist and other bodies are been little attract on whats going on bitcoin.
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