Topic: BITCOIN TRUST PROBLEMS: Bitcoin Investers will want to know about this risk... (Read 827 times)

You really so uneducated you do not understand grade school level English ?  Even the dumbest person knows what " Censorship " is....  Yet, you think people should listen to you for investment advice  

I have 4 pages of deleted posts, that is over 100, and you know darn well that I posted them on meta, I am not going to spam this thread with 4 pages of that.    Anyone can confirm your dishonesty and outright lie by clicking on this link to the post.

https://bitcointalksearch.org/topic/m.54717044

Of course you do not want me to reply, because you only show a level of stupidity, dishonesty, and ignorance that you should be ashamed of.   But we should all believe you when you talk about BitCoin  

Hard Facts

Lol! your post got deleted and you think you are being censored/silenced? I remember you saying on the thread you made on meta that about a hundred of your post got deleted when in reality only 32 was deleted(maybe the number has increased recently I am not sure). the thing is you love sensationalizing what you say in order to get attention from others. anyway, don't bother replying back since It will just be a waste of time and I already stated my opinion about your "BITCOIN INVESTOR" and "BITCOIN BELIEVERS". you can check the page 2 of your thread if you are interested about it. bbye.

You are WRONG on all counts.   What makes you think that I do not accept that people have different opinions ??  I see different opinions here every day, and absolutely expect it.  You obviously just made that statement up, because it is not based on anything I have ever said, it is exactly the opposite of what I have said.

 " CENSORSHIP "   Is rampant on this forum, MANY, MANY of my posts have been deleted for the slightest reason, and for no reason at all, while many similar pro - bitcoin posts never examined or deleted.  This is not a freedom loving bunch of people, they are more greedy than the Federal Reserve and will silence anything that gets in the way of their fantasy of becoming rich from BitCoin.

So feel free to apologize for posting such garbage and false statements, but most people here are not real men, and have no concept,or just plain do not care about being right or wrong.

I see you can use a dictionary. Maybe you should look up the definition of 'censorship' when you’re already at it.

Has anyone here prevented you from doing (saying) what you want? The fact that you don’t want to accept that people have different opinions is your problem and not the Bitcoin community, so please don't bounce this back to us. And yes, this IS the Bitcoin community! Did you expect members to agree with your quasi-facts? Really?

PROJECTION:  Accuse someone of what you yourself are doing....

Did I prevent anyone here from doing what they want ? Did I try to silence anyone here from voicing their opinions ?   The only censorship and silencing of people that have taken place here are from the BitCoin community.   The BitCoin community as proven themselves to be nothing more than a bunch of freedom hating, censorship advocating group.    Even wall street banks and financial institutions allow more free speech and statement of potential risks than the BitCoin community.

You actually understate most peoples " faith " here.   No amount of evidence or facts will ever be allowed to get in the way of their wanting to believe they will get rich from BitCoin.   

Hard Facts

Can't someone do what they want as long as it is within reasonable limits and doesn't interfere with your life? all investments have risks and surely many already know. Whatever it wants to believe or something else, I think it takes a lot of videos and significant evidence to change the user's mind here.

You obviously did not bother to watch the video before replying     If you do not take a few minutes to educate yourself, you deserve exactly what you get.

You do not know what BitCoin Trust is....

https://grayscale.co/bitcoin-trust/

Hard Facts

If you really hate Bitcoin, don't use it. I have been using Bitcoin actively so far, without problems though it is fairly new, so no one can convince me that you have a problem with you calling "Bitcoin Trust".
I don't consider myself a Bitcoin fanatic or believer. I know that one day Bitcoin might be destroyed by the government, or some better altcoin might replace it (maybe after 30 years).
Everyone has their own opinions, but preaching and trying to convince others of some BS is what I usually avoid.

OMG !!!  That statement is absolutely and totally ridiculous...   Most people that have lost their money in investments have trusted their investments     And trusting something is worth exactly ZERO ....   Just ask all the people that invested in Enron, or WireCard.

Hard Facts

I don't think so because those who are investing their money in Bitcoin are investing their money knowingly. One should never invest his money in a place where he has no trust.
I don't think it's time to think about these things after so many days. How many new investors come to invest in Bitcoin The big investments have already been made.

I don't think there is any benefit in saying these things and watching all these videos will not be of any use. All these videos are baseless. You continue to gain more knowledge in what ways is the cryptocurrency market maintaining its balance. There is no point in talking about this now.

It is honestly too difficult for me to understand what OP is is trying to emphasize here.

What is the big differences between the category of "bitcoin investors" and "bitcoin believers". Because, I will become an bitcoin investor only after if I start believing into bitcoins. It means both investors and believers belong into same category.

What is the point of believing into bitcoins but not making any investments on bitcoins? I believe bitcoin so I hold bitcoins (the opposite will be, I had lost the belief on bitcoin's future hence I have sold my bitcoins).

When I am not getting into the category of different bitcoin people, I guess I do not need to go further into your subject of "trust problem". It seems it is really a hard fact to interpret .

Then why you are wasting your time here, anyone that spends hours per day in this forum probably fits the definition of a bitcoin believer and they will never change their mind no matter what kind of supposed evidence you present, besides even if bitcoin has problems then what is the alternative? Fiat? We have been trying that alternative for decades now and it is a system that benefits only the rich and the governments, that for most purposes are one and the same.

Do you want us to go back to gold? Gold was great, a century ago, now that most transactions are done on line gold simply is not up to the task as such the only realistic option we have is bitcoin despite whatever issues it may have.

How intellectually DISHONEST to not be able to imagine that someone disagrees with you based on economic knowledge and research....    Most people here are so intellectually limited, that they always must invent some crazy " reason " why someone would not trust BitCoin.

I never lost money on BitCoin, I know enough to NOT buy or trust it as an investment.   I would be open to TRADING BitCoin to make a profit, but I can not predict the price...  Although the price of BitCoin does seem to be loosely correlated to the STOCK MARKET   

I wonder if BitCoin will crash when the Stock Market does

Hard Facts

I think agreeing that not everyone must be interested in cryptocurrency is a pain in the ass for some people.
Was difficult thee for them to understand? Yes you’re not interested in Bitcoin, but should you force your opinion on others?

Nah, it never works that way, they are all still entitled to their own opinions. And what I have come to realize with these anti-bitcoin people is that they are once people that maybe lost their money in Bitcoin, because they had no former understanding of what cryptocurrency is about, and then they lost their money. Bad luck for them for not doing their research in the beginning.

I spent over a year studying bitcoin and cryptocurrency before ever buying. I think I'm to the extreme in the case being a financial advisor, but as for anything, you should always know the risks before "investing".  Bitcoin is not inherently an investment however either.  As for bitcoin being "too risky"..not the case.

Hard Facts --- he missed the boat. Clearly, so spends his time trying to convince the world he missed a sinking boat.
He seems to idealize Peter Schiff > So they both lost money on Bitcoin, both are anti-bitcoin for personal reasons.

Case closed? why is anyone even talking to this guy..

You do just mention about the basics and we are talking about hodling directly talks with BTC.On the image above given on how long this sub 10k price would last then no one really knows

and the fact on the result shown on said survey which people do hardly support it until into their grave.This might not be that accurate but you can see that people arent really just

jumping in for the sake of short term expectations.

He's an anti-Bitcoin troll, pretending to be a gold bug, probably a big blocker. Those people in the community who never cared about the design-decisions made by the Core developers to maintain Bitcoin's main value proposition.

The risks are only coming up if you do not have knowledge about it, the bitcoin investment is becoming risky whenever a certain trader or investor do not what they are getting into. There are a lot of investors are losing money from the bitcoin investment and I think they are not aware what is the real reason, for me lack of knowledge and lack of skills are the main factor why there are a lot of investors that are failing to reach their goal. It is better to make investment first in our knowledge than in any types of investment.

What Concerns You if People will hold their  bitcoin to the Grave,would this affect your life forever?

I just noticed that all your thread and post are against bitcoin Supporters,Why is that?don't you have    money to buy bitcoin and Hold like what others do?

That is why it is called investment because we can afford to wait or we can afford to lose,What we have here is taking a chance to make profit doing nothing and this is what  OP can't understand and accept.

Many are aware on how risky is the bitcoin investment but only few people are willing to handle the risk very well. I'm not even surprised when I hear someone lose money because majority of the investors doesn't give a care on what type of investment that they are into.

Growing our bitcoins is hard but it will become easy if we will polish our skills and improve what we know. As a trader, my first focus is not earning bitcoins but learning new things. We should remember that we cannot grow our investments if we do not have knowledge on what it is.

Online is not a place where you can easily earn money. You do not have to work hard to earn money from here. But a few times more than that will give you the Mental turmoil. You must rely on Bitcoin otherwise it is better not to spend money here.

As you know, everyone who is involved in Bitcoin, hold and trade Bitcoin should have understood the risks of these. Yeah, it really offers high risks. But, the risks will also depend on our strategy and the right decision. If you are only a follower based on the hype only without any self-analysis, yeah, the risks will really harm you, you will lose everything and you will not trust again in BTC.

But, of course, it is not as difficult as you say. here, everyone who is really gaining in BTC will always have our own consideration based on our making-decision, not based on hype. Our trust is based on the value of BTC. It is not only about how to earn more profits or lost. However, it is about technology, about what we can gain with this technology. This is about investment, not only about making money, this is greater than only making money.

but, whatever I said, you will not believe it because you only hate BTC. Well, for everyone who thinks the same, better you out of the risks that you may take. Please noted, every investment will always consist of risks. But the risk will depend on how you manage and overcome it.

Well, it depends. What color is the towel?
For example, I personally just hate brightly colored towels. I would throw them in right away.

If the BitCoin price stayed in the range it is stuck in now, just below $10,000.00 , I expect most people would hold it forever....

The REAL question, is at what one PRICE POINT do you throw in the towel, and sell your BitCoin ??     $5,000.00       $1,000.00      $100.00     $1.00



Hard Facts

https://twitter.com/PeterSchiff/status/1282842502068932614

Hard, honestly you could really do with seeking out a more productive hobby. This one will not nourish your soul or do anything to change the world for the better.

Investing in bitcoin is really risky and it is pretty known by many people, that's true, investing and trading are both can lose your money especially if you don't know much about it, we have different perception about bitcoin, for me bitcoin is safe, there are many bitcoin ends who have their own beliefs about something so if someone corrects him he will not believe easily because of his beliefs but if you are going to give some proofs or evidence they may change their mind and will give trust on you. It's just a matter of knowledge, for all the beginners you should try to put effort into gaining knowledge, it will benefit you a lot.

make sure that you will do that OK?because most Shill like you shuts their mouth once the Bull market comes and proven them wrong.

I will gladly wait mate,and if does happen Mind to Give me a Buzz so i will make my statement and admit my mistake?(though i am rpetty sure this will never happen)

Bitcoin became more stable and it takes time to wait a raise. More and more people use bitcoin and they trust bitcoin or have to trust. It is very important to keep the private keys in a safe place.

Why haven't you done it yet? You keep talking bullshit here, for how long now? A year? Two years? Can you ever admit that you were wrong?


Will you be... oh, wait! Looks like we already know the answer to that one.

I have to agree with this.  I would trust AltCoin even less than BitCoin     The counter party risk, along with the problem of ALL the crypto currencies including BitCoin is that they have no intrinsic value....  They are all worth ZERO, have absolutely no value, beyond what someone else will pay for them.  When this pyramid scheme comes crashing down, everyone is left with absolutely nothing.

 

Uh, really?

The average altcoin requires you to trust the developer not to dump and carry on developing, trust the handful of miners not to rape it, and you, and the handful of piece of shit exchanges it's on not to bone you up the bottom.

Altcoins are basically not everything Bitcoin is. Their main problem is the thing you mention - far too much trust required and the people involved in this space usually are not.

Bitcoin Price is now hovering around 9200 on 10 July 2020....   I will be happy to come back here in a month, 6 months, 1 Year,  and give credit to whoever is proven right   

Will you be man enough to show up here and admit you were wrong if price goes down ?

Blind trust is the problem, you have to be suspicious of everything in order to be certain of everything.
Blind confidence in bitcoin, in the euro, or in governments will end up with big problems.
There is no ideal system or able to solve all problems always be a need to find an alternative to the dollar and then there will be systems stronger than the dollar.
Altcoin will be stronger than bitcoin.

It depends on the people if he's courageous enough and brave to risk his assets just for his future benefits. It is really hard to trust bitcoin at first because you have no idea or experience making it as your asset. If I were you, i will try to risk my money as there are a lot of improvements that it can bring into your life financially.

Don't lose the opportunity to learn more about cryptocurrency, we are living in 2020 where technology are really advanced. The used of digital currency just like bitcoin are becoming popular nowadays, try to engage in investing in cryptocurrency and trust its ability as a source of profit once you understand how it works in the market.

Then what if you are wrong?then you will be the "Fool that will not  receive rewards"?

You have created many thread here against Bitcoin but what have you got so far?aside from bashing and Making yourself Fool?

Let live mate,make a living and stop being stupid.

You know that Bitcoin is the future but it is hard for you to be realistic,maybe your family dont Love you.

Okay, your opinion save others time and I agree its that simple if you don't like it then don't use it, no one is forcing anyone here and it might be true that some is forcefully entertaining or making others to engage with crypto but they are only passionate on how they see crypto or bitcoin and if they can spread it they think they were helping others.

There is always a risk in everything if you are scared of some risk don't take it there is no such thing as guaranteed 100% profit in any investment.

Information that is really interesting enough

Investors themselves build these illusory walls, there is no reason to worry, the risk is everywhere.

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.

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.

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.

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.

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.

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.

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.

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.

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.


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.

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.

More and more people use Bitcoin and they trust it. Technology of Bitcoin is developing and hope in future Bitcoin will become more safety.

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.

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.

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.

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.)

---

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.

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

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.

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.

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.

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?

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.

too many people dont do real research and instead just become publicists for a popular influencer..

and thats is the biggest 'first world problem'.. no thought. just blind admiration/faith 'coz he popular'
its these youtube influencers and popularity contests that create more cults.
peter realises he is playing the cult game, recruiting blind followers. but points fingers in other directions to avoid revealing he is the cult leader to the idiots following him

..
as for obvious lack of research take peters belief that btc has no 'intrinsic value'
firstly PoS coins has no upfront cost of creation. PoS coins have no upfront intrinsic value. which is the same thing of if gold could be mined with a tea-spoon and coffee filter paper in everyones back yard for $0.50 a ounce. gold would only be selling at ~$1 a ounce not $1k an ounce

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

Every investment and businesses have the same risk, it is your job as investors to check every positive and negative side in your investment so you can adjust how much money you want to risk in your investment it is depend on your belief and goals you want to be.  The same thing when you are building your busines you are the first one need believe in it .

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.

I'm not sure what you are referring to as Bitcoin Trust.
Are you talking about the Grayscale Bitcoin Investment Trust? Otherwise, you should know that there is no trust involved with Bitcoin. We don't need to trust a third party that will perform according to our directions. Bitcoin is a unique decentralized network that eliminates the need for trust. With Bitcoin, you only trust the network. It excludes malicious actors and does not reward them. Banks and other centralized systems demand trust. Bitcoin doesn't. I think you need to dig a little deeper into how Bitcoin works and you might understand why there are fewer risks involved than what you think.
In any case, I think that you should definitely watch this educational video by Andreas Antonopoulos.

I've watched your video Hard Facts.
Most of the early investors sold or spend some or all their Bitcoins already, enough to make their lives easier. The early investors are not the ones you are referring to apparently. The way I see it, this is the third wave of Bitcoin adopters that hold, get involved and of course, hope that price will go 10-20 times higher and make some money. This is the initial target for almost everyone to get involved. After a while though, people begin researching and understand the fundamentals of Bitcoin. It takes some time to understand how massively disruptive this technology is.

Why don't you explain your theory about the flaws of Bitcoin in this forum thread,instead of clickbaiting us to click the link and watch a Youtube video?Are you so desperate for video views?Is this even you own video?
If you hate Bitcoin that much,just don't use it.I've been using Bitcoin actively for about 4 years,without any problems,so nobody can convince me that there's a problem with you call "Bitcoin Trust".
I don't consider myself a hardcore Bitcoin fanatic or believer.I know that some day Bitcoin might be destroyed by the governments,or some better altcoin might replace it(maybe after 30 years).
Everybody has his own opinion,but preaching and trying to convince other people about some BS is what I usually avoid.
 

The bar for "compelling" seems to be really low too. In fact, all the tropes and formulaic "eye-catching" headlines actually work in this space. Referencing the title of this thread for example.

You know, we're so far gone, attacks against our choices actually make us feel vindicated. We are truly first world.

I've had more than a few grins rom your post, btw, here is a measly point.

@Hardfacts, you are trying to proved something about freedom to write, published, post something or shall we say trying to be against bitcoin. Thats definitely your right and voice; however, you end up in the wrong forum.

Majority of the people here are not ignorant about risk that you been talki'n about, it kinda be learnt within 10 minutes as you said! But here's the deal, we are promoting freedom of speech same with freedom of financial abused. Abused made by centralized institutions and government in terms of financial governance. If you are defending any of your rights because most of your posts have been deleted by moderators then you must improved your way of expressing your ideology  and perhaps i think, not in this forum.

Peace to you mate...

There would be no person who will agree on what you re saying, bitcoin lives for almost 11 years and it helps us for so many years, yes it's true that there is a risk in cryptocurrency especially on the crypto activities such as investing and trading but if you know how risky both things, all will be fine, you will limit your budget on doing a thing because you already have an idea about it. There are many bitcoin users who are strong believers to the bitcoin but once they have read against on what they are believing they will really accept it, especially if it is really legit information.
Indeed, you are exaggerating your statement for that 10 minutes, cryptocurrency is very broad there are many things involved in it and 10 minutes is not enough to learn about all things.

Any rational investor would not consider 10 minutes enough time to adequately educate himself/herself.

As to some Bitcoin believers fully closing their minds from any contrary ideas, I have observed that somehow. I cannot tell whether they are really convinced 100% on Bitcoin or they're just too invested on it that they ended up as cult-like or hardcore believers, entertaining nothing that does not approve or show a hint of doubt on Bitcoin and its future in one way or another.

But these people are no different from those who are not seeing anything good in Bitcoin. Objectively speaking, Bitcoin is an alternative really worth appreciating.   

An opinion coming from just one person isn't enough for me to change my current stance with regards to Bitcoin.
I know the risk of it already from the start so who cares . Risk Management is the key.

I know for sure that you will receive some negative comments with what you said, I don't think that somebody will believe on it. Bitcoin has been there for 10 years and many have trusted it already. Risk is always there and it is in every investment .

I've checked your most posts/threads, are about the negative sides about Bitcoin. So, I believe that whatever we say about BTC, you will avoid it. You believe on what Peter Schiff says, always arguing with his statement and also always directing people to no longer believe in bitcoin. But the question is, why are you still here? Are you really trying to make people aware that they are no longer interested in Bitcoin?
Salute to your business.

So sorry, I don't watch the video because I have ever done it and read articles about his argument, opinion, and also statement.
Some may be true but also some may not need to think hard.

Yes, you're right.
He always argues about something too risky and bad about BTC without considering the benefit or advantages of BTC. It's totally wrong when we only see a thing only based on one side.
Moreover, everyone in the crypto world also has known and understood the risk of the crypto (BTC and also others0. Losing money on it is usual, but it will depend on how we manage the risk and our funds on BTC. Every investment may be risky, but it will depend on our strategy. We may not need to fear of his statement if we can analyze it by ourself.

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...

c’mon stop watching Peter Schiff
This man is a representation of a fanatic who tries to prove that he is right and that everyone is wrong.
Risks are not a problem if they are calculated, without these risks you will not make any profit.
He does not know what he says and attacks Bitcoin without reason.
He mentioned that he lost his money in bitcoin to prove that it is risky.

ive noticed that with many people.
seems kissing ass for merit means more then research and understanding things.
anyway i dont care about merit and even give it away to people i dont like just for giggles
but your statement has a point. so heres 50 merit

I can't be arsed to read your post but it probably involves some dribbling about our delusion and telling people to 'wake up'.

Bless yer wee heart. Go out and get some air in the lovely countryside.

Nothing you say is going to change minds here unless you put your own mind to work with some compelling thoughts of your own. And it still won't work. We're too far gone.

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