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Topic: Bitcoin is worthless, but in-game currency or tokens are priceless ...yea right! (Read 777 times)

hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
I was actually amazed at that part where he said he has been buying 10 dollars worth of bitcoins everytime he has the chance to do it. I mean that is one good strategy to get bitcoins and that is to invest and buy at low volume. I actually wonder and was curious where he can buy 10 dollars worth of bitcoin. Do exchanges do that now? My impression is you needs large amounts like 100 dollars or 1000 dollars to be able to buy bitcoin. Can someone help me out where to buy in low volumes or low amounts?
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
That was a nice realization you made to him,

Instead of wasting his money on a game without gaining or expecting any return after a couple of years, investing the money to bitcoin is really the best option. We can't determine its value in the future but the good thing is, he can save more than enough for his own needs in the future.
sr. member
Activity: 560
Merit: 256
I have recently started playing a game called, "Forge of Empires" because the lockdown gave me loads of time to even play some online games. So, I joined a guild and I started talking to some of the older and more experienced players in the game and one thing lead to another and we started to talk about Bitcoin.

The player made the statement that "Bitcoin is worthless" because it is not something physical like Cash or Gold, which according to him had worth. Roll Eyes Roll Eyes Roll Eyes 

I then proceeded to debate this issue by asking him a couple of questions. My first question was... "How much money do you spend on the diamonds that you use within this game" - His answer : About $20 per week.  Shocked 

I followed that question with my second question, "How long have you been playing this game and spending that money on Diamonds? - His answer : "Hmmmm well, since about 2015"

I quickly made some rough calculations :   $20/week x 4 weeks x 12 months = $960 per year x 5 years =  $4800 spend on buying Diamonds for that game.

He never made that calculation, because he said it was from his entertainment budget, but he was amazed that it was that much. I then asked him.. Do you think those Diamonds are worth anything? (Would anyone buy your Diamonds or account for $4800?) - His answer : Definitely not.  Tongue

I then said... Well, do you think if you spend that money on buying bitcoins that it would have been worth anything now? His answer : Yea.. I think I get what you are saying now.

This guy are now buying $10 worth of bitcoins weekly and still spending $10 on his Diamonds for the game. He send me a screenshot of his bitcoin balance and he is very proud of this investment.

Sometimes you just have to confront people with the things that are right before their eyes.  Wink  No need for you to go into arguments or to force people to buy anything, you just show them the truth and then wait for the light to come on.  Grin

Since I started playing the game, I spend ZERO money on Diamonds  Cheesy
It is difficult for us to determine the fixed value of bitcoin in the cryptocurrency market. It can be considered as a non-profit currency. Its value changes rapidly depending on the market and investors. If you are lucky, when you buy bitcoin at a low price until you sell it can be 10 times more than the original. In a game there is always chance. That is also interesting.
hero member
Activity: 2268
Merit: 588
You own the pen
That was a nice decision for him when he actually cut his game expenses to 50% and the other half will go to Bitcoin. since the money is for entertainment, he doesn't feel the pressure of checking the price of bitcoin in the market every day. If people think like him, I'm sure every extravagance will come to something useful when they convert it to bitcoin than buying things that they don't really need in their lives. Some people have cut his alcohol expenses and others have stopped smoking for some sensible reasons. What if they consider buying bitcoin like this man did?
legendary
Activity: 3542
Merit: 1966
Leading Crypto Sports Betting & Casino Platform
I hope those people I talked about it are like that. They think, they accept that mistakes and make something out of it but in my case, no. I could say that most of the people I talked about bitcoin are egotistical that if they don't want to, they don't want to. They don't want to accept that they have their mistakes where they should have a profit but they don't. If they think it is a scam, they'll die thinking like that, that kind of people. Some changed but they never even talked about it to me, I just found it in an exchange where they are sending btcs to other people, most of them stayed the same.

Always remember, it is not our duty to force people to adopt this technology. We show them where they might be mistaken about something and we plant the seed for something more to happen.

People do not like to be told what is good or bad for them, they want to brag to their friends that they discovered something by themselves. We plant the seed and water it and if the ground is good, the plant will grow.  Wink

Some people plant weed (misinformation) and we remove and destroy those weeds with the truth.  Grin

That is just nice. Well, I am not actually forcing them to use or adapt the technology, it is just that we end up in that conversation and they went to say that bitcoin is a scam, it is something being controlled by a group that will take the money of the users, something like that. I just can't stop being quiet and we end up in this debate and they can't just accept they are wrong, apparently, they are bad in debating too.

As I have said before, there is no reason to force the issue. Once you force the issue or you want to push a new technology down someones throat, you already lost the debate. Look at their concerns and digest it and then find a way to switch on the light, so that they can see Bitcoin from a new angle.

Someone once told me Bitcoin is a Ponzi scheme and I asked him what he understands under the concept of a Ponzi scheme and then I realized that he did not understand what it was all about. I then explained to him how a Ponzi scheme worked (because I have had previous experience of Ponzi schemes) and then explained why Bitcoin was not a Ponzi scheme, based on those facts.

You win people's confidence with your knowledge about the technology and how you present it, not by forcing the issue.  Wink
sr. member
Activity: 1638
Merit: 300
I hope those people I talked about it are like that. They think, they accept that mistakes and make something out of it but in my case, no. I could say that most of the people I talked about bitcoin are egotistical that if they don't want to, they don't want to. They don't want to accept that they have their mistakes where they should have a profit but they don't. If they think it is a scam, they'll die thinking like that, that kind of people. Some changed but they never even talked about it to me, I just found it in an exchange where they are sending btcs to other people, most of them stayed the same.

Always remember, it is not our duty to force people to adopt this technology. We show them where they might be mistaken about something and we plant the seed for something more to happen.

People do not like to be told what is good or bad for them, they want to brag to their friends that they discovered something by themselves. We plant the seed and water it and if the ground is good, the plant will grow.  Wink

Some people plant weed (misinformation) and we remove and destroy those weeds with the truth.  Grin

That is just nice. Well, I am not actually forcing them to use or adapt the technology, it is just that we end up in that conversation and they went to say that bitcoin is a scam, it is something being controlled by a group that will take the money of the users, something like that. I just can't stop being quiet and we end up in this debate and they can't just accept they are wrong, apparently, they are bad in debating too.
full member
Activity: 630
Merit: 130
People just need to realize that there are better things to invest in, they think a small amount of cash won't mean anything, spending everyday for things not that important habitually.  
Saving a dollar a day is definitely worth it.
This will be a reminder to all.
legendary
Activity: 3542
Merit: 1966
Leading Crypto Sports Betting & Casino Platform
The actual funny thing is, the way that this guy is "investing" is not the right way to do it, but rather the lazy way to do it. You never just dump X amount of money into bitcoin on a set schedule. He would be better off setting aside the money weekly and then buying when the price goes down. (The old saying, buy the dip and sell on the high)

I did give him this advice, but he says he does not have the dicipline to hoard the cash. If it gets too much, he will spend it. In anyways, it is not about the investing, but rather the shift in his believe of the technology that counts.  Wink
hero member
Activity: 2758
Merit: 675
I don't request loans~
You can turn to be an influencer right now tbh. Damn that logic got me so hard. It may have made him an investor instead of a user, but nonetheless, it's a step forward imo. I mean, most of us probably started with BTC as an investment instead of a cryptocurrency. Maybe that's just me but still, cause of learning investment, I basically learned about what BTC is not as an investment, which in turn made me support it right now.
Now, let's also make something very clear, I am not saying it is wrong to spend some of your money on entertainment, because we should enjoy life with the things that interest you.

I also wasted 1000's of hours on gaming (Starcraft / Mud games / Counter-strike / Dune etc.... ) but at one stage you will have to measure your inputs into these games (money & time) and decide if that is the best way to do it.

Can you spend a little bit less time and money on those things (start small with say 20% less) and use that time to research new technologies and experimenting with that to increase your knowledge and also to possibly invest in your future. (You might find a job in Crypto currencies or your coins might increase in value)  Wink


Probably change the idea of wasted to spent instead since imo, no time is wasted. Just like how the guy from your friend learned about BTC while playing, there are a lot of things you can learn from playing games. Whether it be to your mind, to your social circle, to your skills, it isn't a waste. It would be a waste if you consider it as one, since your basically killing off what can be described as one of your strengths.
legendary
Activity: 3542
Merit: 1966
Leading Crypto Sports Betting & Casino Platform
I have recently started playing a game called, "Forge of Empires" because the lockdown gave me loads of time to even play some online games. So, I joined a guild and I started talking to some of the older and more experienced players in the game and one thing lead to another and we started to talk about Bitcoin.

The player made the statement that "Bitcoin is worthless" because it is not something physical like Cash or Gold, which according to him had worth. Roll Eyes Roll Eyes Roll Eyes  

Sometimes you just have to confront people with the things that are right before their eyes.  Wink  No need for you to go into arguments or to force people to buy anything, you just show them the truth and then wait for the light to come on.  Grin

Since I started playing the game, I spend ZERO money on Diamonds  Cheesy
That was a great move! I've never spent any money on online games items, but I do understand why people might feel the urge to do that. If they do, they have no reason to say Bitcoin's worthless because:
1. They can always sell it back to fiat, sometimes with losses but other times with profit.
2. They can buy real goods and services with Bitcoin, even though the options can be limited.
3. Bitcoin has a 10-year-old history which speaks largely in its favor of being valuable and even more so with time, whereas the games most likely don't.
As for questions about Bitcoin being an investment vs money, I think in the context of the parallel with in-game currency it's quite clear that Bitcoin should be seen as a currency as well.

I just want to make it clear again (This was not mentioned in my opening post) Bitcoin can be a Commodity/Investment option, but it was developed to be a Currency. So, if you buy Bitcoin for an investment, you would be taking a risk, because all investments come with risk.

The main message that I wanted to give here was this, :

1. People judge Bitcoin based on misinformation.
2. People spend their money on something that are mostly worthless (like in-game items & tokens) and then they critisize Bitcoin for being worthless.
3. There are better ways to spend your money and time. (or some of it)
4. Aggressive arguments and fighting will not influence people to buy bitcoins.

Now, let's also make something very clear, I am not saying it is wrong to spend some of your money on entertainment, because we should enjoy life with the things that interest you.

I also wasted 1000's of hours on gaming (Starcraft / Mud games / Counter-strike / Dune etc.... ) but at one stage you will have to measure your inputs into these games (money & time) and decide if that is the best way to do it.

Can you spend a little bit less time and money on those things (start small with say 20% less) and use that time to research new technologies and experimenting with that to increase your knowledge and also to possibly invest in your future. (You might find a job in Crypto currencies or your coins might increase in value)  Wink
 
sr. member
Activity: 1204
Merit: 388
The guys wouldn't know about his bad spend choice/habit if you had engaged him hardly or approached him wrongly. Good thing he is seeing the bright side now and I hope he reduce the amount he's spending on entertainment and maybe change other of his gaming friends perspective on spending on entertainment because I'm very sure he isn't the only one doing that.
legendary
Activity: 3332
Merit: 1404
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I have recently started playing a game called, "Forge of Empires" because the lockdown gave me loads of time to even play some online games. So, I joined a guild and I started talking to some of the older and more experienced players in the game and one thing lead to another and we started to talk about Bitcoin.

The player made the statement that "Bitcoin is worthless" because it is not something physical like Cash or Gold, which according to him had worth. Roll Eyes Roll Eyes Roll Eyes 

Sometimes you just have to confront people with the things that are right before their eyes.  Wink  No need for you to go into arguments or to force people to buy anything, you just show them the truth and then wait for the light to come on.  Grin

Since I started playing the game, I spend ZERO money on Diamonds  Cheesy
That was a great move! I've never spent any money on online games items, but I do understand why people might feel the urge to do that. If they do, they have no reason to say Bitcoin's worthless because:
1. They can always sell it back to fiat, sometimes with losses but other times with profit.
2. They can buy real goods and services with Bitcoin, even though the options can be limited.
3. Bitcoin has a 10-year-old history which speaks largely in its favor of being valuable and even more so with time, whereas the games most likely don't.
As for questions about Bitcoin being an investment vs money, I think in the context of the parallel with in-game currency it's quite clear that Bitcoin should be seen as a currency as well.
legendary
Activity: 1974
Merit: 3152
LE ☮︎ Halving es la purga
...///...
Very good!!
In reality you did a coaching gesture and the closest thing to a personal coach. The best thing that a user* that is dedicated to any type of betting activity, games (and in general any activity should have some supervision) can do is to have a third party evaluate you, and that it gives you sincere results.

In general, many are dedicated to just playing, playing, playing or entertaining, entertainment, but they do not comment with someone on their losses, their game methods, etc.

A forum or simply a chat as in your case, can help users to change their bad habits. The reflection that I have left of your OP is that you always have to be vigilant, because we do not know who can give us good information but above all good advice.

_____
User* When they justify their losses or bad investments as entertainment, it is the beginning of the road to disaster. Small justifiable expenses of $ 20- $ 40- $ 50 can turn into serious losses in the long term.
hero member
Activity: 3094
Merit: 654
I am also one of those buy the premiums to put your character name on the top.
That was way back in 2005 where MMORPGs are booming. I didn't calculate everything I spent until the game went to an end.
It was devastating for me since I spend too much money for it.

Yes, it could have been smarter if it was put into an investment. But, at that time there are not many options and you will need a broker to help you invest.
All you could do is save money in the piggy bank. (banks have sophisticated rules)
Now, there is bitcoin. You just need the internet and you could save your money without the hassle of going to banks.

My total spent with the game I talking about estimates at $3000 - $3500. (game cards, computer rent, bot rent)
legendary
Activity: 3472
Merit: 10611
This guy are now buying $10 worth of bitcoins weekly and still spending $10 on his Diamonds for the game. He send me a screenshot of his bitcoin balance and he is very proud of this investment.

it seems to me that you just created yet another speculator who is more interested in making more $$$ from bitcoin than understanding what bitcoin really is! and that is not something to brag about Wink
not to mention that the same person is going to curse you and leave bitcoin behind if for example price fell from $9700 to $9000 this week.

You are missing the point of this thread by 20 Miles my friend. The point was never to "brag" about me or to create any speculator.. it was about opening people's closed mindset towards Bitcoin. This person made the statement that Bitcoin was worthless and I used the "Diamonds" that he was buying in that game as an example to open his eyes to what true value is.

Yes, the price might drop tomorrow or a week from now.. but this person now realized that in-game currencies or tokens might be less valuable than Bitcoin. Also remember that the price might increase and then his bitcoins might be more valuable than when he bought it.

I highlighted the dangers and the risks of Bitcoin and that it is not supposed to be an investment..but rather a currency that should be used daily and he understands that. Wink 

maybe i missed it. but i didn't get the feeling of bitcoin being introduced as a currency from your starting post. if you did what i highlighted in the last line in this comment then i'm sorry to have misjudged your actions, it was indeed a good move.
full member
Activity: 1036
Merit: 109
-Snip
Great job I also have been in the same spot I used to invest in some games that I played but back then it was really for entertainment.
If only there was someone like you who opened up the door for me I could have invested earlier and saved so much money instead of wasting it on some games that I would get bored eventually.
Now I am still playing games but I choose carefully what games I would play and if I could get something while playing it if I could use that game to make money,
But there are also some games that I play because it is fun and a way to spend some time with my friends.
hero member
Activity: 2058
Merit: 578
No God or Kings, only BITCOIN.
No shit but this was similar to my convo with my GF last night. I was persuading her many times that we should invest even $100/month on bitcoin but she's the kind of worrywart in terms of investments and more like the conservative type. Just last night I message her that "Say what, bitcoin is ranging $10k now. If we invest our money during the time I'm talking about it to you that's worth it now and it will even worth it for the longer term" and just that I guess she felt regretful but good thing she agreed on what we talked from the past and I think she's bullish too by now.

I said to her by 2021 or even beyond that, the money we invested in it will be worth it but I think she's still having doubts like "Will it goes to zero or not?" that kind of questions but as I said to her this is now or never and immediately cash-in the money this morning since bitcoin price gets lower. I think people just needed a reason to find something over a matter that has worth before they really dived in.
full member
Activity: 1330
Merit: 147
Good story here, I always find the people who argue that bitcoin is worthless but I never successful to make him believe to bitcoin. I can't say bitcoin is useful because he has another opinion against it especially I stuck with government regulation.

I can't confince that he will be find when holding bitcoin whilst our government still have a chance to ban it and will make we can't access our bitcoin and withdraw it to money fiat.

That is why I have another important which should tell to someone who don't believe to bitcoin is to convince bitcoin will always be valuable in the future. At least they will be aware of it and will try to hold although a little amount of bitcoin.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
It would be really frivolous to tell someone what they will do with their money, but my post was more focused on the fact that people are constantly saying that Bitcoin is too expensive, even 5 years ago when it only cost $200. But at the same time, these same people spend quite a lot of money on cigarettes, drugs or alcohol, which is in a way their right - but it's actually not just throwing money in the wind but also endangering their own and other people's health around them. Everyone should draw the line and calculate how much they can save in just 10 years if they start acting responsibly towards themselves, money and health.

Some people laughed at me personally 5-6 years ago because I believed Bitcoin had a bright future, and today they are sorry because they missed the opportunity. I'm not saying that someone should invest everything they have in Bitcoin, but that they should think about how to make their lives better and how to preserve the value of what they have today.
The point you are making is valid and I agree with what you are saying that all people should have the financial literacy to help themselves and to stop or atleast minimize their vices but that is not the thing that I am pointing out, the thing is that no matter how much you want to help people by reminding them with how much money that they waste on vices and telling them that they are wasting their money on useless thing, you will come off as an annoying guy, you may advice yes but you can't force them to change. I too have my own vices which is buying videogames (though I am buying them when there is a sale). Again I would say it, why save people when they do not want to be saved.
legendary
Activity: 3542
Merit: 1966
Leading Crypto Sports Betting & Casino Platform
I hope those people I talked about it are like that. They think, they accept that mistakes and make something out of it but in my case, no. I could say that most of the people I talked about bitcoin are egotistical that if they don't want to, they don't want to. They don't want to accept that they have their mistakes where they should have a profit but they don't. If they think it is a scam, they'll die thinking like that, that kind of people. Some changed but they never even talked about it to me, I just found it in an exchange where they are sending btcs to other people, most of them stayed the same.

Always remember, it is not our duty to force people to adopt this technology. We show them where they might be mistaken about something and we plant the seed for something more to happen.

People do not like to be told what is good or bad for them, they want to brag to their friends that they discovered something by themselves. We plant the seed and water it and if the ground is good, the plant will grow.  Wink

Some people plant weed (misinformation) and we remove and destroy those weeds with the truth.  Grin
sr. member
Activity: 1638
Merit: 300
I hope those people I talked about it are like that. They think, they accept that mistakes and make something out of it but in my case, no. I could say that most of the people I talked about bitcoin are egotistical that if they don't want to, they don't want to. They don't want to accept that they have their mistakes where they should have a profit but they don't. If they think it is a scam, they'll die thinking like that, that kind of people. Some changed but they never even talked about it to me, I just found it in an exchange where they are sending btcs to other people, most of them stayed the same.
legendary
Activity: 3234
Merit: 5637
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Yes, I totally agree with it! It's a matter of choice, always! There will always be better ways to spend money, but it all depends on what we want to do with our money!

In my opinion, no matter how much money and how you spend it is on your own personal choice, people should not care about what you do with your money, even though they are vices, we can't simply just barge in and hinder their personal decision. I agree that smoking is bad and I like that having a reminder of the money that they spent on their vices, but that is where all the help you can do for them, that phase is the time that they are going to decide for themselves. After all, why save people when they are not asking to be saved.

It would be really frivolous to tell someone what they will do with their money, but my post was more focused on the fact that people are constantly saying that Bitcoin is too expensive, even 5 years ago when it only cost $200. But at the same time, these same people spend quite a lot of money on cigarettes, drugs or alcohol, which is in a way their right - but it's actually not just throwing money in the wind but also endangering their own and other people's health around them. Everyone should draw the line and calculate how much they can save in just 10 years if they start acting responsibly towards themselves, money and health.

Some people laughed at me personally 5-6 years ago because I believed Bitcoin had a bright future, and today they are sorry because they missed the opportunity. I'm not saying that someone should invest everything they have in Bitcoin, but that they should think about how to make their lives better and how to preserve the value of what they have today.

In the example I showed, a person who spends 10 EUR a day spends an incredible 36 000 EUR on cigarettes, alcohol and fast food in 10 years, and that is only if he/she is a moderate smoker (one box a day), and if he drinks one beer and eats one hamburger (I'm talking here about an EU average price).
legendary
Activity: 3038
Merit: 2162
it seems to me that you just created yet another speculator who is more interested in making more $$$ from bitcoin than understanding what bitcoin really is! and that is not something to brag about Wink
not to mention that the same person is going to curse you and leave bitcoin behind if for example price fell from $9700 to $9000 this week.

And just telling people to buy BTC without teaching them about it is quite irresponsible, there just so many things that can go wrong. Maybe the guy will leave his coins on exchange and will get hacked, or will install malicious wallet that will steal his coins, or will lose his private key backup by being careless like people usually are with passwords. And then there's shitcoins like Bcash preying on newbies, and cloud mining, ICO's and other scams.
hero member
Activity: 2912
Merit: 556
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That will not be a problem if you get an open mind person who can accept other people suggestion because that people care to him and want to give a chance to change his mind and his life. I have an experience about explaining bitcoin to an open-minded person too, and the story ends with he started to invest in bitcoin monthly. That is a moment which he says that I realize that the world has changed, and if we cannot follow the world, we cannot have a better life. Bitcoin brings a chance for me to have a new type of investment, so I follow the path, and now, I am trying to invest in bitcoin monthly.

Many people easy to accept another information from other people but some other is hard to take it because they still believe that the world still the same until now, and they cannot accept the change from the world. But we need to decide what we want to do for our life because only we will know what we want. But I agree that we must not force people to buy bitcoin, let them realize by themselves, and we only need to wait for the light to turn on.
legendary
Activity: 3542
Merit: 1966
Leading Crypto Sports Betting & Casino Platform
This guy are now buying $10 worth of bitcoins weekly and still spending $10 on his Diamonds for the game. He send me a screenshot of his bitcoin balance and he is very proud of this investment.

it seems to me that you just created yet another speculator who is more interested in making more $$$ from bitcoin than understanding what bitcoin really is! and that is not something to brag about Wink
not to mention that the same person is going to curse you and leave bitcoin behind if for example price fell from $9700 to $9000 this week.

You are missing the point of this thread by 20 Miles my friend. The point was never to "brag" about me or to create any speculator.. it was about opening people's closed mindset towards Bitcoin. This person made the statement that Bitcoin was worthless and I used the "Diamonds" that he was buying in that game as an example to open his eyes to what true value is.

Yes, the price might drop tomorrow or a week from now.. but this person now realized that in-game currencies or tokens might be less valuable than Bitcoin. Also remember that the price might increase and then his bitcoins might be more valuable than when he bought it.

I highlighted the dangers and the risks of Bitcoin and that it is not supposed to be an investment..but rather a currency that should be used daily and he understands that.  Wink  
legendary
Activity: 3052
Merit: 1273
While it was about this game, I'd also like to add one of my experiences that had the almost same story but there was a minor difference:

One of my friends contacted me in late 2017 (late after we met in 2010, so 7 years later). During our talks, he told me about his gambling addiction and how he used to will a million rupees with just 10k INR. He made a fortune for himself (that's what he thinks about his winnings) but I thought out of the way and asked him whether he knew about BTC. He said yes, he knew about it. He then asked me what's the catch? Why did I ask him about Bitcoins? Then I told him that what if he'd have invested that 10k INR in BTC and instead gambled with BTC? The winnings he'd have made would have been around at least 10 times if not 20. He told me what if the price could have been dumped. I asked him whether he bought any BTC after seeing the 2013 pump and then when it dumped down back to $300? He said no. I then asked if he bought any when BTC was $3k after reaching its new ATH at $20k? Once again, he said no. I showed him and asked him to calculate what his risks of buying BTC and gambling with it could have been worth today, if he'd have just bought it at its low and kept some. He could have got 1 full BTC for 10k INR when it was $200-250 and if he'd have made it 100 BTC (as 1 million INR is 100x 10k INR), his 100 BTC would have been worth a million dollar, which means he would be having at least 7.70 crore rupees on hands as of today.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
People have different vices in their lives, and most of them don't want to give up no matter how bad they are. Smoking is without a doubt bad for your health, but also for the health of everyone in your vicinity, but still a large percentage of the world's population smokes and does not pay too much attention to the price. If we take the example of smokers who consume only one box (20 cigarettes) per day and that the average price of such a box is around 5 EUR (EU) we come to the following figures.

  • 5 EUR x 30 days = 150 per month.
  • 150 EUR x 12 months = 1800 EUR.
  • 10 years of smoking = 18 000 EUR.
  • At current price smoker waste 2 BTC in 10 years.
  • Coffee, alcohol, fast food + all other bad habits = 18 000 EUR extra?

I would say there are always better ways to spend money, but it's all a matter of choice - some people say "you only live once" and "you have to die from something".
In my opinion, no matter how much money and how you spend it is on your own personal choice, people should not care about what you do with your money, even though they are vices, we can't simply just barge in and hinder their personal decision. I agree that smoking is bad and I like that having a reminder of the money that they spent on their vices, but that is where all the help you can do for them, that phase is the time that they are going to decide for themselves. After all, why save people when they are not asking to be saved.

In regards to the gaming currency versus bitcoin, it is also a matter of personal choice because people have to sate their need for entertainment and enjoyment, life is not always about money, it is just a contributing factor to happiness. Life should be a mix-up of fun and finance because a life without happiness is a bland and boring journey.
hero member
Activity: 3234
Merit: 941
I don't understand the people,who are addicted to feemium games like Forge of Empires.
What's the point of buying the in-game currency (In this case-"diamonds"),when you don't make any money out of it.Spending money to increase your success and level in a game seems totally stupid to me.
I thought that only kids and teenagers get addicted to such freemium games.
"Bitcoin is worthless,because it's not physical" Yeah right,the digits in this guy's bank account are worthless,because they are not paper money. Grin 
legendary
Activity: 3472
Merit: 10611
This guy are now buying $10 worth of bitcoins weekly and still spending $10 on his Diamonds for the game. He send me a screenshot of his bitcoin balance and he is very proud of this investment.

it seems to me that you just created yet another speculator who is more interested in making more $$$ from bitcoin than understanding what bitcoin really is! and that is not something to brag about Wink
not to mention that the same person is going to curse you and leave bitcoin behind if for example price fell from $9700 to $9000 this week.
hero member
Activity: 3024
Merit: 629
You just made him realize that the money he spend on the game will (regardless if its for his entertainment budget) be more worth it if he instead buy bitcoin, and now he become a bitcoiner too. I hope thats how easy to explain to someone the advantage of investing on bitcoin. Many people are not paying attention because it has no physical features unlike fiat or gold, but aside for being a digital currency it can be a way also to earn money if only you understand the importance of engaging yourself in crypto.
full member
Activity: 1190
Merit: 117
Your friend is truly a true gamers, spending $ 20 a week just to buy diamonds in games. Which is very useless, maybe that hobby really
can't be valued with money. The way you promote bitcoin is very good, no need to argue only show the truth and prove successful. Most of
us are wrong in promoting bitcoin, so bitcoin users are still few with bitcoin which is more than 10 years old. We should show the truth of
bitcoin, surely people will be easily attracted.
sr. member
Activity: 644
Merit: 364
In Code We Trust
Perhaps, this is because the person can see the value of the in-game credits because it improves his gameplay, it benefits him the same way how we see bitcoin which provides us with services that we can use to make our life easier. It is just that, there are some comparisons where bitcoin is more superior but people didn't see at as they already have their beliefs. Maybe because we all have different nature and background, but what we just need is a strong argument like this, and not to force someone to buy and accept Bitcoin.

Applause for this great execution of the idea. This should be our way of attracting people into bitcoin. Turn the table and make them feel how good bitcoin is.
sr. member
Activity: 1358
Merit: 326
Such a meaningful idea. And glad you made up his mind and influence him. Though not all players will be convinced, but the way you explained it to him definitely will change his beliefs about bitcoin. This is something we can also show to those who are spending something online but doesn't give a value at the end. For some, they can actually sell higher levels of their account but still deficit when you will imagine and calculate all the spent diamonds, etc.
hero member
Activity: 2926
Merit: 722
I had this similar inkling towards a certain game as well. Perhaps many of you guys here know Cabal NA. I was ranked on that server with one of the highest, maxed-out gear in 2019 before I quit and believe me, it's nuts that I literally spent thousands of $$$ just to get that strong--and people are also willing to give you more than what you invested for the said character. My stint in Cabal NA lasted for 9+ years before I moved countries and settled on the country I'm currently at. The amount for me is ridiculous, amounting to $5000 for my investment and sold everything for $8500. I already knew things about bitcoin but even then I still chose to invest more on character rather than bitcoin. Guess that's just how some games affect the mindset of some people chasing that number one spot.

Well, actually this statement of yours does really have a point thats why some or even most people would really have that kind of aim in mind on trying to be the top player or on top ranks
because they do know that it can really possible be sold in future in much more value but it actually depends on the demand and popularity of the game which the said account would really be worth of .

I have experienced when selling out my MU account which i have spent some thousand bucks and sell out even more.We arent saying that it is worth to spend on but there
are circumstances which do have exceptions and thats the mind of other people.
sr. member
Activity: 980
Merit: 260
Well, you're asking people who have no idea about the industry whether they believe Bitcoin has value. On the other hand, they're basically professionals in the video game you play, hence they'll have a better understand of supply and demand and the value of the in-game currency. Asking them whether Bitcoin has value is the same as asking a tribesman what the value of the euro is—he'll have no idea because he isn't experienced with it.

Rather than asking questions like this and helping them build on their ignorance, you should first educate people, and then ask your questions. At least that way they can form a more reasonable opinion on the subject, rather than pulling their opinion out of thing air.
legendary
Activity: 2296
Merit: 1014

This guy are now buying $10 worth of bitcoins weekly and still spending $10 on his Diamonds for the game.
Sometimes you just have to confront people with the things that are right before their eyes.  Wink  No need for you to go into arguments or to force people to buy anything, you just show them the truth and then wait for the light to come on.  Grin

Problem is this light often will never come on Tongue
You cant make everyone to understand. You can't make people do what you think are best because:
1. you can be wrong
2. they have free will
3. they have right to make mistakes

This is problem with having addict/gambler in familiy, you can't save him before he saves himself. Only then you can help a bit.
All make their own life decisions and must live with it.
hero member
Activity: 2828
Merit: 553

You have to understand that a new perspective on things, sometimes gives people the "spark" needed to light the fire. I was a victim of Credit card fraud many years ago and I searched the Internet for something else that can be used to buy things online, without giving someone else access to the rest of your money and that is how I got to Bitcoin.


That's where the fun starts and spark an interest to use Bitcoin. I was once the same as you, but I ain't a victim of fraud, I just want to be safer than giving out some of your cc or debit details.
I can say, that guy you talked with in the online game is an intelligent person. Not, only because he listened to you, but because he then divided his entertainment fund, half for his online vices, and half for his retirement plan.

Since I started playing the game, I spend ZERO money on Diamonds  Cheesy

Isn't that a pay to win game? lol

Most probably, I was an online gamer and spending $20 every week seems like a p2w game structure to me.
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
I quickly made some rough calculations :   $20/week x 4 weeks x 12 months = $960 per year x 5 years =  $4800 spend on buying Diamonds for that game.

That is exactly how we should calculate the price of things in life.

How much does your 1 usd everyday coffee after lunch costs in 10 years?? 1x5x4x12x10 = 2400.

This is an interesting perspective on how we should make our budget and decide how much we really want to pay for entertainment, coffee, and so on.

Ofc it is important to buy a coffee or spend money in entertainment, but we really should know how much we are spending.


Since I started playing the game, I spend ZERO money on Diamonds  Cheesy

Isn't that a pay to win game? lol
legendary
Activity: 3542
Merit: 1966
Leading Crypto Sports Betting & Casino Platform
Well, obviously this did not happen in a few hours. I just sparked his interest and I switched on the light for him. (Or.. like some people say... pointed at the rabbit hole)

*snip*

Noice. I'm personally more interested in what was the turning point for him though. What did you say or what article/statement did he read that changed his mind towards his "Bitcoin is worthless" mindset?

You have to understand that a new perspective on things, sometimes gives people the "spark" needed to light the fire. I was a victim of Credit card fraud many years ago and I searched the Internet for something else that can be used to buy things online, without giving someone else access to the rest of your money and that is how I got to Bitcoin.

I saw a Bitcoin video on YouTube about mining and it sparked my interest and then I met someone at a party and discussed it and one thing led to another and here I am many years after that, being a huge supporter of this technology. (because I got it and I wanted to know more)

I did give him some resources on YouTube (for beginners) and I also directed him to this forum to fill in the blanks, he just did the rest on his own.  Wink
legendary
Activity: 2128
Merit: 1775
This guy are now buying $10 worth of bitcoins weekly and still spending $10 on his Diamonds for the game. He send me a screenshot of his bitcoin balance and he is very proud of this investment.
You have successfully advised him "how important investment is, for his own future".
In the next five years your friend already has a very large investment asset of $ 10 x 4 = $ 40 / week and $ 40x12 = $ 480 / year, so at times five years $ 480x5 = $ 2,400 this is a success for your friend.
Of course, from a total investment of $ 2,400 there could be a change of double centipedes if the price of Bitcoin goes up and vice versa, this is if he understands the truth that's' tabugan him when he stopped playing the game Forge of Empires.

If many people understand the (tricks) of your advice 'maybe' people realize the importance of investing in Bitcoin, if he knows.

I'm glad to hear about this 'investment'. Your friend can have a bright future in the future.

Greetings to your friends from the Bitcointalk Forum community, your friends do something that should be copied by many people.
legendary
Activity: 3542
Merit: 1352
I had this similar inkling towards a certain game as well. Perhaps many of you guys here know Cabal NA. I was ranked on that server with one of the highest, maxed-out gear in 2019 before I quit and believe me, it's nuts that I literally spent thousands of $$$ just to get that strong--and people are also willing to give you more than what you invested for the said character. My stint in Cabal NA lasted for 9+ years before I moved countries and settled on the country I'm currently at. The amount for me is ridiculous, amounting to $5000 for my investment and sold everything for $8500. I already knew things about bitcoin but even then I still chose to invest more on character rather than bitcoin. Guess that's just how some games affect the mindset of some people chasing that number one spot.
legendary
Activity: 3052
Merit: 1281
Cool story and great influence.  I used to spend money on buying in-game items even before I know Bitcoins later realized that I am just wasting money on a worthless thing.  Most of us never think (including me) that even a small amount spent on a game when it is done in a regular basis will worth that much (Kakmakr example).  It is really best to invest in things that has worth and have a possibility to increase in value over time such as Bitcoin.
legendary
Activity: 2758
Merit: 4074
The correct answer that I am supposed to look for is investing in knowledge. Instead of wasting time on that game, if you invest 30 minutes of your time learning something useful, you will have enough knowledge to collect more profits than investing in anything else, including Bitcoin.

If you do not have the scientific background then investing $ 100 in something unknown, such as Bitcoin in 2010, was closer to buying diamonds in this game, the only difference is that you will not have the pleasure of playing.

Quote from dcabtc
Quote
If you had started buying $1 worth of Bitcoin on this day 9 years ago, you would have made a return of 550,450.63%. You would have invested a total of $3,286 and you would have made $18,091,093.

Source: https://dcabtc.com/

These are the ideal calculations or are based on the return on the investment, but if given the real orders, there are fees that the platforms deduct, the minimum deposit and withdrawal, and taxes report which may make the investment not profitable as it appears with those numbers, but it is definitely much better than spending money on buying diamonds with these games.

If people are able to understand the assets and liabilities, focus all their efforts on multiplying the assets, and working on the minimum of the liabilities, then they will collect wealth in a short time.
legendary
Activity: 2366
Merit: 1084
zknodes.org
You give a good influence and an explanation of how valuable bitcoin is to people who initially don't care about bitcoin. That's one great way to get people to invest in bitcoin, rather than just spending the money to buy diamonds in the game they are playing. Dividing $ 10 for bitcoin and another $ 10 for games is a good progress.

Instead of spending around $ 4800 on just a diamond game in 5 years, it's better to invest in bitcoin, which is more profitable and has a value when sold.
legendary
Activity: 3080
Merit: 1500
People have different vices in their lives, and most of them don't want to give up no matter how bad they are. Smoking is without a doubt bad for your health, but also for the health of everyone in your vicinity, but still a large percentage of the world's population smokes and does not pay too much attention to the price. If we take the example of smokers who consume only one box (20 cigarettes) per day and that the average price of such a box is around 5 EUR (EU) we come to the following figures.

  • 5 EUR x 30 days = 150 per month.
  • 150 EUR x 12 months = 1800 EUR.
  • 10 years of smoking = 18 000 EUR.
  • At current price smoker waste 2 BTC in 10 years.
  • Coffee, alcohol, fast food + all other bad habits = 18 000 EUR extra?

I would say there are always better ways to spend money, but it's all a matter of choice - some people say "you only live once" and "you have to die from something".

Yes, I totally agree with it! It's a matter of choice, always! There will always be better ways to spend money, but it all depends on what we want to do with our money! If everything needs to be invested, people wouldn't have bought Play station games or swanky phones at the first place. It's a human nature to spend money on what brings them happiness! It's a necessity as well to keep ourselves happy!

But Kakmakr has done a brilliant job of promoting bitcoin - one step at a time! In my country, people have the same feeling about bitcoin. Even though our supreme court has made it legal, banks have managed to drive common people against bitcoin. So they think it is scam and has no value! The current situation will not change overnight but slowly we will conquer!
legendary
Activity: 1134
Merit: 1599
It's truly insane to see how some people spend a ton of their money to buy some literally fake currency. One would probably argue by saying the in-game currency at least provides entertainment while Bitcoin doesn't. Some people I know are subscribed to Prime, Netflix, Xbox Gold, PS+ at the same time and sometimes even to some things like overpriced daily delivered fresh food. I don't even need a pen & a paper to calculate how much money they lose to these services per year.

But they are missing something, which is.. putting the idea of BTC being virtual aside, you'd simply have a currency with future. If one decides not to buy it because they compare it to some in-game currency they thought was worth a few grand per year to pay for, I'm not sure they're the best type of people to get to invest in a cryptocurrency.
mk4
legendary
Activity: 2940
Merit: 3883
📟 t3rminal.xyz
Well, obviously this did not happen in a few hours. I just sparked his interest and I switched on the light for him. (Or.. like some people say... pointed at the rabbit hole)

*snip*

Noice. I'm personally more interested in what was the turning point for him though. What did you say or what article/statement did he read that changed his mind towards his "Bitcoin is worthless" mindset?
legendary
Activity: 3542
Merit: 1966
Leading Crypto Sports Betting & Casino Platform
Well done on converting a person to a bitcoiner, but damn that was definitely a lot easier than I expected lol. Someone just convinced him that he could make money investing/speculating on bitcoin instead of spending too much on entertainment and suddenly bitcoin is no longer worthless to him. Unless this is only the top surface of the story of course.

Well, obviously this did not happen in a few hours. I just sparked his interest and I switched on the light for him. (Or.. like some people say... pointed at the rabbit hole)

This was followed by loads of other discussions on "when was the best time to buy" and "where do you buy bitcoins" and "how do you store it.. etc... in the next couple of days. Once he saw the "true" facts about Bitcoin, he was intrigued.

I shared this not to impress you on how I converted someone into buying bitcoins, but rather on how misguided and how misinformed people was about Bitcoin. They believe everything that are posted on social media and popular media platforms, without doing their own proper research. (If 5 people in a chat group of 5000 says something is a scam, most people will just accept it... no matter if those people are no experts or just trolling or even just spreading FUD to strengthen their own agenda.)

                                                          =-Give people the facts and light a spark to start a huge fire-=
legendary
Activity: 2436
Merit: 2228
Signature space for rent
Glad to see that at least one person motivated by you to bitcoin. Actually everyone have different thoughts but if you are able to explain him mathematically then likely a person would convinced. Peoples believe on gold or diamond because of its existence on real life, so they aren't much familiar with virtual life. But bitcoin existence is virtual life and we might realized it since we are familiar with it. We should realized world changing virtually day by day. So even today bitcoin is just a normal crypto-currency but near future it would be accepted as global currency like USD now.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
People have different vices in their lives, and most of them don't want to give up no matter how bad they are. Smoking is without a doubt bad for your health, but also for the health of everyone in your vicinity, but still a large percentage of the world's population smokes and does not pay too much attention to the price. If we take the example of smokers who consume only one box (20 cigarettes) per day and that the average price of such a box is around 5 EUR (EU) we come to the following figures.

  • 5 EUR x 30 days = 150 per month.
  • 150 EUR x 12 months = 1800 EUR.
  • 10 years of smoking = 18 000 EUR.
  • At current price smoker waste 2 BTC in 10 years.
  • Coffee, alcohol, fast food + all other bad habits = 18 000 EUR extra?

I would say there are always better ways to spend money, but it's all a matter of choice - some people say "you only live once" and "you have to die from something".
sr. member
Activity: 1932
Merit: 300
People sometimes can't get their preference right. They just needs a wake up call. But not everyone is easily convinced.
Our society is made up of different kinds of people and their are always different thoughts. Our soceity won't function if we thought the similar and did the same.
There needs to be seller when people buy and their needs to be buyer when they sell.
mk4
legendary
Activity: 2940
Merit: 3883
📟 t3rminal.xyz
Well done on converting a person to a bitcoiner, but damn that was definitely a lot easier than I expected lol. Someone just convinced him that he could make money investing/speculating on bitcoin instead of spending too much on entertainment and suddenly bitcoin is no longer worthless to him. Unless this is only the top surface of the story of course.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
$4800 spend on buying Diamonds for that game.

Yup, many simply cannot comprehend how various can be the areas addiction can strike.

While many tell urban stories like "if Mr X would have been stopped smoking, now he would have a house", while many still think Bitcoin is some sort of "Monopoly money", it's nice to actually see somebody converted from addiction to actual investment (although "conversion" is incorrect term, since he's still feeding his addiction).
legendary
Activity: 3542
Merit: 1966
Leading Crypto Sports Betting & Casino Platform
I have recently started playing a game called, "Forge of Empires" because the lockdown gave me loads of time to even play some online games. So, I joined a guild and I started talking to some of the older and more experienced players in the game and one thing lead to another and we started to talk about Bitcoin.

The player made the statement that "Bitcoin is worthless" because it is not something physical like Cash or Gold, which according to him had worth. Roll Eyes Roll Eyes Roll Eyes 

I then proceeded to debate this issue by asking him a couple of questions. My first question was... "How much money do you spend on the diamonds that you use within this game" - His answer : About $20 per week.  Shocked 

I followed that question with my second question, "How long have you been playing this game and spending that money on Diamonds? - His answer : "Hmmmm well, since about 2015"

I quickly made some rough calculations :   $20/week x 4 weeks x 12 months = $960 per year x 5 years =  $4800 spend on buying Diamonds for that game.

He never made that calculation, because he said it was from his entertainment budget, but he was amazed that it was that much. I then asked him.. Do you think those Diamonds are worth anything? (Would anyone buy your Diamonds or account for $4800?) - His answer : Definitely not.  Tongue

I then said... Well, do you think if you spend that money on buying bitcoins that it would have been worth anything now? His answer : Yea.. I think I get what you are saying now.

This guy are now buying $10 worth of bitcoins weekly and still spending $10 on his Diamonds for the game. He send me a screenshot of his bitcoin balance and he is very proud of this investment.

Sometimes you just have to confront people with the things that are right before their eyes.  Wink  No need for you to go into arguments or to force people to buy anything, you just show them the truth and then wait for the light to come on.  Grin

Since I started playing the game, I spend ZERO money on Diamonds  Cheesy
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