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Topic: BITCOIN TRUST PROBLEMS: Bitcoin Investers will want to know about this risk... - page 3. (Read 795 times)

newbie
Activity: 74
Merit: 0
Investors themselves build these illusory walls, there is no reason to worry, the risk is everywhere.
legendary
Activity: 3122
Merit: 1140
Before anyone becomes a believer of Bitcoin, they must have passed that level you described as a Bitcoin investor.
When you invest in Bitcoin, knowing the risks is the next thing. It doesn’t take long before you realize that the price of Bitcoin fluctuates.

So, for you to say that anyone that is Bitcoin believer is a fool is not making any sense.. They already understand what they are into and its up to them on whether they want to believe in it or not.. And we all can’t believe in the same thing, that other people believe in BTC doesn’t mean that you too have to believe in it.. Let them believe what they want.
We do have our own will and decide on our own and youre right that not all would need to have the same jurisdictions or decisions towards things.
Bitcoin cant please anyone thats why we do see different opinions and views towards it but to those believers we do know on how things works
and sees its importance rather than seeing on its cons most of the time.

Its up to us if we do treat it too hard and believe into those cons and trying to avoid from it but we know that benefits is much more heavier
thats why bitcoin does have big support even upto these years.
sr. member
Activity: 2506
Merit: 368
That was such a boring youtube omg. That wasn't even about crypto it was just about risks and then I fell asleep. Why are you here if you feel this way? I'm getting paid why would I be like a cult memeber? Im being paid in a currency I can use? Do you enjoy trolling or something? Explain yourself?

If you do not like something do not use it. Simple as that.
Thanks for checking out the video since I don't have time to listen to any repeatedly spoken words about on how Bitcoin should be like this and like that. Bitcoin is already there, all we have to do is to make something from it or work it like how it's working. Trade, buy, sell or even hodl—the more you stay in the market the more you learn on how to trade/invest carefully. Follow what the others do since they were the first one to experience lots of losses before reaching where they are right now.
hero member
Activity: 2828
Merit: 611
Before anyone becomes a believer of Bitcoin, they must have passed that level you described as a Bitcoin investor.
When you invest in Bitcoin, knowing the risks is the next thing. It doesn’t take long before you realize that the price of Bitcoin fluctuates.

So, for you to say that anyone that is Bitcoin believer is a fool is not making any sense.. They already understand what they are into and its up to them on whether they want to believe in it or not.. And we all can’t believe in the same thing, that other people believe in BTC doesn’t mean that you too have to believe in it.. Let them believe what they want.
sr. member
Activity: 906
Merit: 263
That was such a boring youtube omg. That wasn't even about crypto it was just about risks and then I fell asleep. Why are you here if you feel this way? I'm getting paid why would I be like a cult memeber? Im being paid in a currency I can use? Do you enjoy trolling or something? Explain yourself?

If you do not like something do not use it. Simple as that.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
BITCOIN INVESTORS:   There are some very serious potential problems and RISKS with Bitcoin Trust...  Any rational investor would take 10 minutes to eduate themselves about risks, listen to the information in the link below.

https://youtu.be/bSOEywn-2hw?t=2264

BITCOIN BELEIVERS:    Will never let any facts or information change what they want to beleive.   Like any cult like " beleiver ", they will deserve exactly what they get when they are wiped out.   Fools so not deserve to be rewarded.

Hard Facts

Well, I know those who did not understand how bitcoin it works and the volatility on it, for sure they will not invest. But still, --from time to time there are a lot of bitcoin believers who still believe in bitcoin. You cant educate your self in crypto in just 10 mins.
Even though bitcoin has received a lot of criticism but still as you can see there's remain who use and adopt bitcoin as a form of money that has a value. Indeed, bitcoin is high risk but it is also high profit if you will succeed. Make your own research and don't rely upon other's theories.
jr. member
Activity: 336
Merit: 3
Nothing is wrong with bitcoins and it was never designed originally to be an asset class,rather as a currency for the purchase of goods and services. Those who deal onit as an investment vehicle should be ready to handles the risks associated with a new asset class.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
BITCOIN INVESTORS:   There are some very serious potential problems and RISKS with Bitcoin Trust...  Any rational investor would take 10 minutes to eduate themselves about risks, listen to the information in the link below.

https://youtu.be/bSOEywn-2hw?t=2264

BITCOIN BELEIVERS:    Will never let any facts or information change what they want to beleive.   Like any cult like " beleiver ", they will deserve exactly what they get when they are wiped out.   Fools so not deserve to be rewarded.

Hard Facts


Hey buddy if you could tell me why I think the 2028 ½ ing could prove you right I would be impressed.

oriontab is close to why you mr hard facts could be correct.
hero member
Activity: 2184
Merit: 531
So all that you're able to quote OP is Peter SChiff? A guy who promotes invest gold investments and bashes Bitcoin because, wait for it, Peter is Selling gold and Bitcoin was started to be called digital gold so it decreased his potential profits.

It's Peter's job to make Bitcoin look bad to you because there's a chance if you don't buy Bitcoin you will invest in the next best thing: gold.
legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
and thats is the biggest 'first world problem'.. no thought. just blind admiration/faith 'coz he popular'

I always wondered about the people that people admire. Go back before Bitcoin and before the internet, and you've got these huge personalities that seem to just instil awe in people. Kiyosaki I remember I heard everyone gushing about a long time ago and when I actually read a bit of his writing I was just put off.

But even he looks good compared to some of the drivel "crypto personalities" shovel out on a daily basis.

cost of mining is just one element of intrinsic value. and btc actually has some. (albeit some altcoins dont)

Intrinsic value. Ah. Another case of economists randomly picking out things they learnt from a textbook and were forced to answer in a certain way to earn their degrees.
full member
Activity: 1498
Merit: 146
Schliff is a gold guy, and fine, he can be a gold guy. But what does it have to do with Bitcoin? That Bitcoin is not nearly as stable as gold? I suppose anyone investing in Bitcoin should be aware of that. But gold is also not nearly as profitable in a relatively short period of time as Bitcoin. Higher risk - higher profit. I think it's fair.
Who knows he might have bitcoin as well but never wanted other people to get quick returns as he do so he is trying to manipulate people's mind.Volatility is the biggest gift of cryptos that is why people can be able to make profits in really short time but with stable gold we need decades to get considerable amount and also stocks are still risky compared to buying physical gold.
jr. member
Activity: 212
Merit: 1
More and more people use Bitcoin and they trust it. Technology of Bitcoin is developing and hope in future Bitcoin will become more safety.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
BITCOIN INVESTORS:   There are some very serious potential problems and RISKS with Bitcoin Trust...  Any rational investor would take 10 minutes to eduate themselves about risks, listen to the information in the link below.

https://youtu.be/bSOEywn-2hw?t=2264

BITCOIN BELEIVERS:    Will never let any facts or information change what they want to beleive.   Like any cult like " beleiver ", they will deserve exactly what they get when they are wiped out.   Fools so not deserve to be rewarded.

Hard Facts

Not another Peter Schliff post from Hard Facts! Anyway, I did click on the video, and the first few minutes after the timestamp are about stock, not a word about Bitcoin. So to be honest I don't understand why this video is offered to us by the op. Oh, on minute 41 he finally starts talking about Bitcoin.
Schliff is a gold guy, and fine, he can be a gold guy. But what does it have to do with Bitcoin? That Bitcoin is not nearly as stable as gold? I suppose anyone investing in Bitcoin should be aware of that. But gold is also not nearly as profitable in a relatively short period of time as Bitcoin. Higher risk - higher profit. I think it's fair.
sr. member
Activity: 1330
Merit: 326
You can't just change one's mindset in an instant. But you can change the way they are thinking about bitcoin's reputation and risks if those investors may try investing and experienced it on their own. It just simply their "own realization" to change their beliefs.

There are some who took the risk and become successful in the long run. Those who are courageous enough to know the real good impact of bitcoin in one's life are othen those who trusted bitcoin.
legendary
Activity: 2520
Merit: 1113
BITCOIN INVESTORS:   There are some very serious potential problems and RISKS with Bitcoin Trust...  Any rational investor would take 10 minutes to eduate themselves about risks, listen to the information in the link below.

https://youtu.be/bSOEywn-2hw?t=2264

the risks are well known throughout the bitcoin community except for (maybe) the new adopters/newbies and that is what this forum and other bitcoin websites are for. to inform and guide(in some way) how the market works and how risky and dangerous it can be.

BITCOIN BELEIVERS:    Will never let any facts or information change what they want to beleive.   Like any cult like " beleiver ", they will deserve exactly what they get when they are wiped out.   Fools so not deserve to be rewarded.
aren't you doing the same thing with Peter Shiff and whoever it is your following other than him? (of course, you're going to deny it and that is fine.)


I do not like that people are using degrading things to gather some clout.
A very common tactic used by people who have been brainwashed(not saying that the OP is) into thinking that what he/she believes is the only right one.

Besides why make a video about the same risks that has been discussed ever since the inception of bitcoin and cryptocurrency, wouldn't that be redundant?
that's what I thought. but to be honest I think the video(didn't watch it but knowing the OP I'm just assuming) isn't just focused on the risk that comes with bitcoin but also steering potential investor away from bitcoin which is one of the most priority of the OP
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
It is really hard to trust bitcoin due to its volatility and the factors that affect the economy, but some other die-hard believers of bitcoin are really courageous at risking money. I use bitcoin but I don't focus only on its potential because there are stable coins, altcoins that you can use to have another source of profit not only this popular bitcoin.

The profit in bitcoin is extremely high compared to other coins but don't waste the opportunity to hold other coins.

Trusting bitcoin 100% is really risky and can make you lose your money and waste your time while waiting for it to grow. So while you're waiting for that to happen invest some in other coins and try to trust the potential of altcoins. They are worth to try.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
Before you engage with the use of bitcoin, you should know first about the things about how it work or the risks of investing on it.

It is really not that easy to perform a transaction using this coin, but you should always remember that bitcoin is volatile and risks are always in the market. Being open-minded about the risks in bitcoin will help you grow and understand how to become much more effective in making bitcoin as your asset.

I guarantee you, that you should become wise and aware about the possibilities in manipulating bitcoin.
legendary
Activity: 2492
Merit: 1232
We've done so far and more than 10 years of existence of Bitcoin and we the believers had witnessed how Bitcoin and blockchain technology could change our world more than of what we imagined. The historical of Bitcoin has been gained trust in certain investors even they know the risk of it.
We're glad that we have reached this level, and I still believed that from time to time when more become familiar with Bitcoin and buy it and of course with proper knowledge and it should be educated very well.

I don't think so if 10 minutes is enough time to educate investors, this could lead to investing without proper knowledge, investors must/should spend time to understand how Bitcoin works, managing the risk and volatility will probably take time for them.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
I don't see any hard facts here other than your name. It's just opinions from anti-bitcoin believers who think bitcoin is not worth it.
Why would it matter though ? People will still be holding bitcoin no matter what Peter has to say about it for they know this guy has been speaking ill about bitcoin since the beginning. Besides that, everybody has an opinion but that doesn't make it into a reality.
The fact that OP segregates people who watches and does not the youtube link is an indication that it might be all BS. I do not like that people are using degrading things to gather some clout. Besides why make a video about the same risks that has been discussed ever since the inception of bitcoin and cryptocurrency, wouldn't that be redundant?
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
I think you should try to ensure people actually do balanced research in cryptocurrency rather than watching one video.

One person on their own is extremely biased, you need a group of people at least with varying ideology and competence to ensure you're emphasising accurate pro's and cons of the technology and coin...

Yeah, but it's easier this way. People actually don't want to use their head and think with their own mind, it's easier when everything is served on a silver plate.
But I don't actually think that this single video will change anybidy's mind. Bitcoin users and investors are aware of risks and downsides of Bitcoin and I don't think that anyone is denying that. But to compare then with cult and sending some wake up calls is nonsense and looks like someone has just fallen from the three.
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