Topic: Bitcoin isn't a volatile asset. It is something else entirely. - page 2. (Read 1593 times)
But it's still a volatile asset?
There is no stopping as long as there is human civilization in existence. We need economy running and fiat is there for us but looking at all its weaknesses that can easily be manipulated, we have bitcoin as the alternative option. And greed is the fuel that will keep all these moving.
without greed bitcoin will not die, I think if you want to turn off bitcoin should be stop financial transactions online, as long as it still happens then Bitcoin will stay alive.
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Bitcoin will feed on that greed, until it consumes every ounce of value on the planet.
Sounds like conspiracy theory 
, so low probability that it shouldn't be seriously considered for me. 
If i have more time then i will read your post completely.
Because i think bitcoin isn't volatile. It is only the way how people look at this!
In reality is the currency volatile which the people use to buy bitcoins! And not bitcoin itself. But the mass of people has only learned to look from the direction of fiat money. The point of view how banks and states teaches them (since generations) to look at everything what they can purchase with fiat...
Even the gold can't be volatile, but on the finance market the price changes all the time... You know what i mean?
Because i think bitcoin isn't volatile. It is only the way how people look at this!
In reality is the currency volatile which the people use to buy bitcoins! And not bitcoin itself. But the mass of people has only learned to look from the direction of fiat money. The point of view how banks and states teaches them (since generations) to look at everything what they can purchase with fiat...
Even the gold can't be volatile, but on the finance market the price changes all the time... You know what i mean?
The fact that when Bitcoin moves up in relation to a fiat currency (BTC/USD for instance) it also moves up against all other fiat currencies (same with moving down against fiat), shows that it is BTC that is volatile and not the other way around.
If i have more time then i will read your post completely.
Because i think bitcoin isn't volatile. It is only the way how people look at this!
In reality is the currency volatile which the people use to buy bitcoins! And not bitcoin itself. But the mass of people has only learned to look from the direction of fiat money. The point of view how banks and states teaches them (since generations) to look at everything what they can purchase with fiat...
Even the gold can't be volatile, but on the finance market the price changes all the time... You know what i mean?
Yes, but you're wrong. bitcoin isn't just volatile to USD, it's volatile to everything. Whereas USD is comparatively stable when compared against say, the price of grain, or a computer, or oil, or pizza. Because i think bitcoin isn't volatile. It is only the way how people look at this!
In reality is the currency volatile which the people use to buy bitcoins! And not bitcoin itself. But the mass of people has only learned to look from the direction of fiat money. The point of view how banks and states teaches them (since generations) to look at everything what they can purchase with fiat...
Even the gold can't be volatile, but on the finance market the price changes all the time... You know what i mean?
Greed is in human's nature so deal with it and if you are using this kind of knowledge like a kid then you could say that gold and silver are also the financial virus. There is no point in arguing this but yes bitcoin changed alot of people's financial. No one will be willing to kill bitcoin not because of greed but because it is not kill-able since this technology is way beyond every currency nowadays
If i have more time then i will read your post completely.
Because i think bitcoin isn't volatile. It is only the way how people look at this!
In reality is the currency volatile which the people use to buy bitcoins! And not bitcoin itself. But the mass of people has only learned to look from the direction of fiat money. The point of view how banks and states teaches them (since generations) to look at everything what they can purchase with fiat...
Even the gold can't be volatile, but on the finance market the price changes all the time... You know what i mean?
Because i think bitcoin isn't volatile. It is only the way how people look at this!
In reality is the currency volatile which the people use to buy bitcoins! And not bitcoin itself. But the mass of people has only learned to look from the direction of fiat money. The point of view how banks and states teaches them (since generations) to look at everything what they can purchase with fiat...
Even the gold can't be volatile, but on the finance market the price changes all the time... You know what i mean?
Bitcoin is in the midst of birth and growth, a violent process which will result in it stabilizing at a "market cap" that represents the entire value of humanity (as estimated by humanity).
So there will still be fluctuations, but you can expect to see the reserve currency of Earth maintain relative stability once it reaches maturity.
Saying that bitcoin won't work as a currency is like looking at a Kindergartner and declaring they are unemployable.
Isn't that elegant? Beautiful really.
Like the way a single ant is useless, and easily crushed. But a colony, living in your house? Fueled by sugar? The only way to stop it is to remove the food source, or else it will keep growing.
Like that same small child... Each one of his little cells is useless by itself, and easily stopped. But together? They are a consciousness, growing and expanding. If you continue to feed it energy, the human child will grow into something mighty and unimaginably capable.
And bitcoin. A financial virus... Each node and little bit... Useless by itself. But together? Together, they are growing, swarming, transforming. Their fuel? Human greed.
If you want to stop bitcoin, simply tell all the humans to stop being greedy. This kills the bitcoin. Convince all humans to stop wanting more than their neighbors, and abolish money entirely. Return to a system of socialized sharing, where people contribute what they can and everyone gives freely of their time and resources in hopes that others will do the same.
But you won't do that. No one will. Because you're human.
Selfishness and greed are built into human programming, the same way as an ant returns to the nest when it finds sugar, leaving a little trail of pheromones along the way.
And make no mistake.
Bitcoin will feed on that greed, until it consumes every ounce of value on the planet.
There is no stopping it now. The only thing we can do is try to understand it, and try to ensure its capabilities are used for benevolence, not destruction.
And go ahead and try to profit from it while you're at it.
After all, greed is your nature.
So there will still be fluctuations, but you can expect to see the reserve currency of Earth maintain relative stability once it reaches maturity.
Saying that bitcoin won't work as a currency is like looking at a Kindergartner and declaring they are unemployable.
Isn't that elegant? Beautiful really.
Like the way a single ant is useless, and easily crushed. But a colony, living in your house? Fueled by sugar? The only way to stop it is to remove the food source, or else it will keep growing.
Like that same small child... Each one of his little cells is useless by itself, and easily stopped. But together? They are a consciousness, growing and expanding. If you continue to feed it energy, the human child will grow into something mighty and unimaginably capable.
And bitcoin. A financial virus... Each node and little bit... Useless by itself. But together? Together, they are growing, swarming, transforming. Their fuel? Human greed.
If you want to stop bitcoin, simply tell all the humans to stop being greedy. This kills the bitcoin. Convince all humans to stop wanting more than their neighbors, and abolish money entirely. Return to a system of socialized sharing, where people contribute what they can and everyone gives freely of their time and resources in hopes that others will do the same.
But you won't do that. No one will. Because you're human.
Selfishness and greed are built into human programming, the same way as an ant returns to the nest when it finds sugar, leaving a little trail of pheromones along the way.
And make no mistake.
Bitcoin will feed on that greed, until it consumes every ounce of value on the planet.
There is no stopping it now. The only thing we can do is try to understand it, and try to ensure its capabilities are used for benevolence, not destruction.
And go ahead and try to profit from it while you're at it.
After all, greed is your nature.
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