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Topic: bitcoin is unsettling, for those who don't have it (Read 648 times)

sr. member
Activity: 2268
Merit: 275
Seeing this from the point of view that it is increasingly difficult for people to acquire BTC this can become something disturbing for many, in my case I have never had 1BTC, I have only bought fractions of BTC, example 4mBTC, 1mBTC, and this for me It represents a lot and is something representative for me, however one always wants to have more and be able to reach at least 1BTC, the advantage of all this is that BTC is not yet at $ 100k, I am sure that when it reaches the mark it will be another story, Meanwhile, although it is very difficult, the best thing is to try to get to BTC little by little and without stress.

This is not an event for us to compete to collect bitcoins, but it can be our motivation to be able to continue investing according to our financial capabilities. Because if we force ourselves to buy bitcoin, that's something that is not good either because of course we have other needs that must be prioritized in everyday life. But I'm quite happy when I have a little bit of bitcoin but it doesn't have to interfere with my needs.
newbie
Activity: 24
Merit: 0
It’s everyone’s own decision to have bitcoins or not. But those who have them should not always be bragging about their bitcoins because not everyone is interested in them. On the other hand, those who don’t have bitcoins don’t need to feel bad or get jealous because it’s not the only thing you have to invest your money in. Put your money in what you understand and not in something that you don’t.
sr. member
Activity: 1876
Merit: 318
Seeing this from the point of view that it is increasingly difficult for people to acquire BTC this can become something disturbing for many, in my case I have never had 1BTC, I have only bought fractions of BTC, example 4mBTC, 1mBTC, and this for me It represents a lot and is something representative for me, however one always wants to have more and be able to reach at least 1BTC, the advantage of all this is that BTC is not yet at $ 100k, I am sure that when it reaches the mark it will be another story, Meanwhile, although it is very difficult, the best thing is to try to get to BTC little by little and without stress.

I believe this is not a contest and we are not urged to do that as it just depended on our capability. I only have fractions of Bitcoin and I was still happy having these numbers for at least I don't miss the chance. Maybe if I have more money, more resources, I could even buy more.
Initially, I was just holding it for the short term but now, I was aiming for the long term as I believe the future of this project. It is to found risky but it was worth it.

We don't need to compete with other people to be able to have more Bitcoin, because investing in Bitcoin is not a competition. We buy Bitcoins
must be in accordance with our financial capabilities, do not be influenced by other people when deciding to invest in Bitcoin. Because everyone
has different financial capabilities and must also have different targets. We don't need to force to have 1 BTC if our finances can't afford it,
be grateful for how many Bitcoins we have. At least we are still lucky to have a small amount of Bitcoin compared to the majority of people who
still don't have Bitcoin, even I find many people around me do not understand what Bitcoin is. Investing in Bitcoin does have to be patient,
because the success of investing in Bitcoin cannot be obtained instantly, so just enjoy the process.
hero member
Activity: 3010
Merit: 666
Seeing this from the point of view that it is increasingly difficult for people to acquire BTC this can become something disturbing for many, in my case I have never had 1BTC, I have only bought fractions of BTC, example 4mBTC, 1mBTC, and this for me It represents a lot and is something representative for me, however one always wants to have more and be able to reach at least 1BTC, the advantage of all this is that BTC is not yet at $ 100k, I am sure that when it reaches the mark it will be another story, Meanwhile, although it is very difficult, the best thing is to try to get to BTC little by little and without stress.

I believe this is not a contest and we are not urged to do that as it just depended on our capability. I only have fractions of Bitcoin and I was still happy having these numbers for at least I don't miss the chance. Maybe if I have more money, more resources, I could even buy more.
Initially, I was just holding it for the short term but now, I was aiming for the long term as I believe the future of this project. It is to found risky but it was worth it.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
for people who don't have bitcoins it's not disturbing, but what I really deserve to mention is that they are jealous, and they want to take control but what so all of that will never happen, because bitcoin will not be regulated by any party and cannot be controlled by anyone. anyone, maybe for that reason many people say they are restless because they don't have bitcoins..

If one person has more bitcoins and other has less, there is no need to get jealous. This is like one person has more bank balance than other person. The one with more crypto may have worked more hard to earn those bitcoins.

Now for the 2nd part, sometimes it can be disturbing if you own bitcoins and the price of bitcoins fall below your buying price. However, you need to control your emotions in such circumstances.




Well it couldn't have been said better, really BTC from a point of view for those who don't have it, it can be a source of pressure to have more, at least reach 1BTC, more if they are handled under the wake that someday 0.001BTC It will be enough to live very well, if we start from there it is an acceptable stress or pressure, it is very likely to happen, and for those who have BTC it is not a problem, because it is known that BTC has always never let down, and this is something that will be fulfilled.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
for people who don't have bitcoins it's not disturbing, but what I really deserve to mention is that they are jealous, and they want to take control but what so all of that will never happen, because bitcoin will not be regulated by any party and cannot be controlled by anyone. anyone, maybe for that reason many people say they are restless because they don't have bitcoins..

If one person has more bitcoins and other has less, there is no need to get jealous. This is like one person has more bank balance than other person. The one with more crypto may have worked more hard to earn those bitcoins.

Now for the 2nd part, sometimes it can be disturbing if you own bitcoins and the price of bitcoins fall below your buying price. However, you need to control your emotions in such circumstances.


member
Activity: 686
Merit: 21
I think that you have a point that people do not believe in bitcoin, on its purpose and what it can do, because they do not have the understanding nor experience of dealing and holding the coin. On top of that, many misconceptions have also circled around crypto, some thought that it exists to hurt the system, a new form of scam, and many more ideologies that do not hit the main concept of crypto. Hence, it  was perceived to be unsettling.
I know that people does not believe in bitcoin that time Bitcoin come to the world but the purpose of people have make Bitcoin to be popularized to the nation, i think many people is going to advertise Bitcoin Everytime and Bitcoin is now the order of the day
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
Seeing this from the point of view that it is increasingly difficult for people to acquire BTC this can become something disturbing for many, in my case I have never had 1BTC, I have only bought fractions of BTC, example 4mBTC, 1mBTC, and this for me It represents a lot and is something representative for me, however one always wants to have more and be able to reach at least 1BTC, the advantage of all this is that BTC is not yet at $ 100k, I am sure that when it reaches the mark it will be another story, Meanwhile, although it is very difficult, the best thing is to try to get to BTC little by little and without stress.
member
Activity: 1078
Merit: 15
the point is an open mindset in the face of new innovations.
if indeed they do not want to be open to innovation and technological progress, then it is certain that as you said, everyone will refuse no matter how good the technology and everything in it is because they do not want to accept it.
In another situation, we have some people who accept the fact the innovation of cryptocurrency is the future but still choose not to join the system because the declaration will influence a lot of people who invested in their company or bankrupt.

on the other hand it is a different story when indeed our minds are open and at least willing to learn because actually learning about it is not wrong, it will be very good
There's some situation where the story is somehow the same when some people open their minds to learn about cryptocurrency because they are filled with wrong information which makes them lose their first crypto investment.
things like this go back to the regulations that are applied because even though they realize this is a good thing sometimes we also can't go against existing regulations and there can be impacts when adopting here so that they are afraid before going to war.

for those who are in the wrong information, IMO most beginners only see from the point of view of the benefits because most of the people in my area who adopt crypto are those who feel provoked to want to follow successful people here so that they forget their lessons and end up falling into wrong thing
hero member
Activity: 2786
Merit: 657
Want top-notch marketing for your project, Hire me
When an innovative concept is introduced there will be some people who will be against it because they don't open the mind to welcome new things, learn about it before making their judgment about the innovative idea introduced just like what happen when the internet was first introduced but I come. However, it is not about having the thing before you learn how to love it but it was about being blind to the modern technology system.
the point is an open mindset in the face of new innovations.
if indeed they do not want to be open to innovation and technological progress, then it is certain that as you said, everyone will refuse no matter how good the technology and everything in it is because they do not want to accept it.
In another situation, we have some people who accept the fact the innovation of cryptocurrency is the future but still choose not to join the system because the declaration will influence a lot of people who invested in their company or bankrupt.

on the other hand it is a different story when indeed our minds are open and at least willing to learn because actually learning about it is not wrong, it will be very good
There's some situation where the story is somehow the same when some people open their minds to learn about cryptocurrency because they are filled with wrong information which makes them lose their first crypto investment.
legendary
Activity: 2324
Merit: 1035
Not your Keys, Not your Bitcoins
From a psychological perspective we don't like change. That's what our ancient brain tells us, but we need change to evolve. BTC is a major change in the world's financial system thus the transition won't happen in a glimpse. With time more and people will try investing and using this cryptocurrency. If they see/realise for themselves that it is a good asset to store their wealth and that the technical side is actually not that hard, they will gladly adopt it. That's why we're seeing a linear growth of Bitcoin if we look on the higher timeframes.
full member
Activity: 1946
Merit: 112
I am a former employee who worked in a private bank in a remote area of ​​my country.
when some friends started introducing crypto, especially bitcoin, I was the one who was the most against it because apart from being against the work system I was doing, it also had an impact on the quality of banks in my area.
came to a turning point where I was disappointed with the bank system that took my finances for no apparent reason so that it made me switch to bitcoin and leave my job that I considered special before in 2020.
and an extraordinary thing happened, where as long as I was in cryptocurrency for this year it turned out that crypto, especially bitcoin, was not as bad as I thought at first, this is actually one of the good investments that I just made after investing previously regulated by the government and some real estate .

from here I started to think, the reason why people still hate bitcoin is because they don't exist and have never felt what it's like to be here so when other people say it's very good they won't believe it because they haven't felt it before.

I slightly disagree with you about the fact that Bitcoin is hated by those who do not have it. I am more inclined to believe that all these negative statements about BTC are nothing more than manipulation. Think for yourself, who was stopping whom from buying BTC even when it costs $ 0.10 or $ 1 or $ 1000? Nobody bothered, just those who did not buy or did not believe in BTC, or he was not up to Bitcoin. Now, when the price of BTC reached almost $ 70,000 for 1 BTC, what if everyone who does not have BTC woke up and began to hate him? I think it's much more complicated. Probably all this is due to the fact that BTC began to interfere with bankers and they, in order to neutralize BTC and create a similar mood in society. But no matter how it was, if you didn’t have time, or you couldn’t always be able to, you only need to blame yourself.
member
Activity: 1078
Merit: 15
for people who don't have bitcoins it's not disturbing, but what I really deserve to mention is that they are jealous, and they want to take control but what so all of that will never happen, because bitcoin will not be regulated by any party and cannot be controlled by anyone. anyone, maybe for that reason many people say they are restless because they don't have bitcoins..
Maybe this is the right word Cheesy They are jealous to see the development of bitcoin which from year to year always has a significant increase and unfortunately they did not see that opportunity in the previous few years so that makes them at least annoyed with this.
I think they actually care enough but are quite embarrassed to admit that this is one of the greatest evolutions of our time. so they make some kind of excuse like a scam, it doesn't make sense even it's too high to adopt it Grin
full member
Activity: 2576
Merit: 205
Most of the people I know that started to own Bitcoin or started using Bitcoin are just because they thought some "easy money", I'm glad that you really appreciate the use of Bitcoin.
I am guilty of this mate because this is also how Bitcoin being introduced to me , some friends tells me that there are income when buying this but eventually i realized that there are lot more from having bitcoin and not just profiteering .
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I have a question also that from you as a former banker and now a pro-Bitcoin supporter, what are some problems you encounter or most of the people encounter from using banks that Bitcoin can handle?

I m also looking for the differentiation of the two career OP has now as I am not that deeply familiar about how banker moves .
hero member
Activity: 1008
Merit: 724
I am a person who has an idealistic nature by nature, and because of this trait when I am at a point where I have fiat and the bank is behind me, I feel very comfortable (at that time).
and then when bitcoin came around and it started to get crowded I felt this was something that wasn't right because my presumption was how it was possible for something that didn't exist to have value and I didn't accept that at first.

This is perfectly legitimate and realistically the biggest reason why crypto adoption is frowned upon. The common belief is that central banks support the legitimacy of a country's economy. After all, it's the central banks that back the value of the currency. Why would the average citizen have any reason to dispute them? Setting aside the clear reasons to not trust government, the simplest example would be going to a grocery store, paying with fiat, and accepting goods in return. Perfectly safe, correct? You're able to trade in intrinsically worthless paper for tangible goods. This creates a psychology, bonding you to fiat.

But, things turn sour when the value of the paper becomes lower, ie inflation. No longer does the paper allow for the same purchasing power. This is generally when people are awaken to the merits of crypto, and the psychology of the central bank's safety net is broken.
I agree with what you said and indeed indirectly it can indeed be used as a good reason.
on the other hand, it seems now that Fiat is indeed quite good when viewed normally but when you go deeper you can feel a clear difference that is indeed harming you little by little.
the reason most people don't respond to the loss is because indeed they only say it is a small loss even though if you look at the loss, which is said to be small, over time it will grow and balloon.


I think there is also a growing "nocoiner" phenomenon: nocoiners are people who watch with anxiety and envy while others make massive gains in these investments, and selectively pick data such as massive corrections to confirm their bias regarding the riskiness of these assets. Rather than admit they are wrong, they double and triple down so that after years have gone by and many millionaires have been minted, they remain on the sidelines with a self-righteous air.
I'm hearing this term for the first time and it's probably happened to me.
thank you for identifying and providing new insights.
and it's true because this kind of thing can't be denied because when they feel there is a loss instead of admitting that the system is lacking, they actually blame it on something else
sr. member
Activity: 868
Merit: 281
I am a former employee who worked in a private bank in a remote area of ​​my country.
when some friends started introducing crypto, especially bitcoin, I was the one who was the most against it because apart from being against the work system I was doing, it also had an impact on the quality of banks in my area.
came to a turning point where I was disappointed with the bank system that took my finances for no apparent reason so that it made me switch to bitcoin and leave my job that I considered special before in 2020.
and an extraordinary thing happened, where as long as I was in cryptocurrency for this year it turned out that crypto, especially bitcoin, was not as bad as I thought at first, this is actually one of the good investments that I just made after investing previously regulated by the government and some real estate .

from here I started to think, the reason why people still hate bitcoin is because they don't exist and have never felt what it's like to be here so when other people say it's very good they won't believe it because they haven't felt it before.

I think there is also a growing "nocoiner" phenomenon: nocoiners are people who watch with anxiety and envy while others make massive gains in these investments, and selectively pick data such as massive corrections to confirm their bias regarding the riskiness of these assets. Rather than admit they are wrong, they double and triple down so that after years have gone by and many millionaires have been minted, they remain on the sidelines with a self-righteous air.
legendary
Activity: 2856
Merit: 1519
Did you have any specific reason why you didn't like it before though?
I am a person who has an idealistic nature by nature, and because of this trait when I am at a point where I have fiat and the bank is behind me, I feel very comfortable (at that time).
and then when bitcoin came around and it started to get crowded I felt this was something that wasn't right because my presumption was how it was possible for something that didn't exist to have value and I didn't accept that at first.

This is perfectly legitimate and realistically the biggest reason why crypto adoption is frowned upon. The common belief is that central banks support the legitimacy of a country's economy. After all, it's the central banks that back the value of the currency. Why would the average citizen have any reason to dispute them? Setting aside the clear reasons to not trust government, the simplest example would be going to a grocery store, paying with fiat, and accepting goods in return. Perfectly safe, correct? You're able to trade in intrinsically worthless paper for tangible goods. This creates a psychology, bonding you to fiat.

But, things turn sour when the value of the paper becomes lower, ie inflation. No longer does the paper allow for the same purchasing power. This is generally when people are awaken to the merits of crypto, and the psychology of the central bank's safety net is broken.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
This is the reason why it has been growing so much all these years. More number of people are becoming aware of it and realizing it's potential.
I second that, I also think the benefit of being your own bank has been underrated by quite a lot of people in the past, but due to inflation and dictatorial policies by many governments, quite a lot of individuals and organizations as well are now harnessing the benefits of being your own bank in the Bitcoin network, and also using the network as a hedge to fiat Inflation and other whatnots, I expect the number of Bitcoin users to steadily continue to grow as people begin to discover its benefits till we get to mass adoption.
People would make out some discrimination once they dont even have the slightest idea on whats it all about thats why they could say up those things even though it wasnt right but for those who

are aware on what it is will surely be laughing out since those people doesnt really have any idea and those criticisms might turn out to be a praise later on if they do just tend to look on the brighter side
or simply make out some research first before make out those bad comments.

You would really be saying wrong things even if you dont have much idea on what it is all about.

great to hear the story of the OP. this is only one testament coming from the traditional banking industry, that most of them are against in crypto or btc up until now because they have not experienced yet being in crypto. but more then likely, they will change their perspectives once they tasted what it's to be like when you involve yourself in crypto.
ignorance and lack of knowledge are usually the reason why people don't like a new technology. but try educating them and for sure, they will switch sides.
so yeah, i believe it is only a matter of time before other people who highly criticised btc or crypto to change their minds. but don't force them to change sides, it will be their own time to realise things here because that would be better.
legendary
Activity: 3080
Merit: 1292
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from here I started to think, the reason why people still hate bitcoin is because they don't exist and have never felt what it's like to be here so when other people say it's very good they won't believe it because they haven't felt it before.
It cannot be denied that still a lot of people were not able to understand Bitcoin, they are most likely misinformed and got it wrong. Their mind needs to be cleared in order to the reality that Bitcoin is not a scam and it hasn't the intention to scam people.
Well, we have nothing to prove to them that they are wrong and we don't need to urge them to understand, that should be their well to do it. And I was glad that you have change your mind and never neglected to start investing Bitcoin. And those people who keep saying negative towards Bitcoin will soon to regrets and blame themselves.
Well, as long as they remained to be misinformed and continue to see bitcoin in a very negative way, then they will continue to miss the chance in bitcoin. But i also hope that they will be enlighten soon and start to embrace bitcoin too like what you did because bitcoin aims to spread massive adoption as its ultimate goal, so how will it be possible if a lot of people are still blinded by the wrong information about bitcoin? Maybe time will really come that they will be interested in bitcoin once the rest of the folks are already making profits in bitcoin.
hero member
Activity: 3010
Merit: 794
This is the reason why it has been growing so much all these years. More number of people are becoming aware of it and realizing it's potential.
I second that, I also think the benefit of being your own bank has been underrated by quite a lot of people in the past, but due to inflation and dictatorial policies by many governments, quite a lot of individuals and organizations as well are now harnessing the benefits of being your own bank in the Bitcoin network, and also using the network as a hedge to fiat Inflation and other whatnots, I expect the number of Bitcoin users to steadily continue to grow as people begin to discover its benefits till we get to mass adoption.
People would make out some discrimination once they dont even have the slightest idea on whats it all about thats why they could say up those things even though it wasnt right but for those who

are aware on what it is will surely be laughing out since those people doesnt really have any idea and those criticisms might turn out to be a praise later on if they do just tend to look on the brighter side
or simply make out some research first before make out those bad comments.

You would really be saying wrong things even if you dont have much idea on what it is all about.
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