Bitcoin usage and misaligned expectations

DooMAD

legendary

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Leave no FUD unchallenged

Quote from: TheUltraElite on July 28, 2019, 01:59:46 AM

Quote from: DooMAD on July 24, 2019, 08:15:37 AM

I'd say we do enough with our freedom of speech. We call them out on their shenanigans and it seems to work for the most part. Hopefully only a very small number of people still go away with the wrong impression after we've intervened to combat any FUD. It's not the easiest job sometimes, but it keeps us in good practice for when the next troll inevitably appears.

Truely that is what I have been trying to tell. Both sides have full authority to say anything that want. Without looking at what others say about you make some enlightening discussions about bitcoin and its good and bad properties. How people have tried to make it look bad and what others think about it. Make a discssion which is both constructive, promotes constructive thinking and is objective enough and not too subjective.

We have only the power to telling people to become aware of frauds and we cannot make people not invest in them. So if we do our part, I think thats enough for one human to do their part than waste time on trolling trolls.

I'm content to do both, heh. The arguments in support of Bitcoin are nearly self-evident at this stage, so it can get a bit stale repeating the same things time and again. It's refreshing to open fire on an unsuspecting troll every once in a while. Like how people appreciate a floorshow with their meal sometimes. Adds a bit of extra flavour, heh.

Turk Ace

sr. member

Activity: 360

Merit: 251

When you look at what the banking fees are and not just for transactions I mean the monthly fees. The costs are the same or cheaper. If you make few transactions bitcoin will be cheaper. Especially bigger purchases.
If you make many transactions a bank may be cheaper with a special monthly deal for traders and business owners. However, if you use eth or another crypto for cheaper purchases then it will certainly be cheaper then any bank.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: DooMAD on July 24, 2019, 08:15:37 AM

I'd say we do enough with our freedom of speech. We call them out on their shenanigans and it seems to work for the most part. Hopefully only a very small number of people still go away with the wrong impression after we've intervened to combat any FUD. It's not the easiest job sometimes, but it keeps us in good practice for when the next troll inevitably appears.

Truely that is what I have been trying to tell. Both sides have full authority to say anything that want. Without looking at what others say about you make some enlightening discussions about bitcoin and its good and bad properties. How people have tried to make it look bad and what others think about it. Make a discssion which is both constructive, promotes constructive thinking and is objective enough and not too subjective.

We have only the power to telling people to become aware of frauds and we cannot make people not invest in them. So if we do our part, I think thats enough for one human to do their part than waste time on trolling trolls.

ghost424

full member

Activity: 630

Merit: 103

Quote from: Wind_FURY on May 30, 2019, 12:42:24 AM

I believe there are some people in the community who are in the standpoint that "Bitcoin isn't successful" unless they can use it for "almost-zero fee" coffee transactions. But is it truly a failure?

I always thought of Bitcoin being free in someway because of its versatile ways on how we can get our hands on it. There are a lot of ways where we can gain Satoshis. People saying that Bitcoin is not successful are those people who have at least lost a lot while they are earning for more Cryptos. They might have created many mistake and might not want to take the blame for it. We can already say that Bitcoin is one of the beat Digital Asset there can be and Blockchain Technology is a revolutionary technology which created even more opportunities to the e-commece.

DooMAD

legendary

Activity: 3948

Merit: 3191

Leave no FUD unchallenged

Quote from: Wind_FURY on July 24, 2019, 12:36:38 AM

Quote from: TheUltraElite on July 23, 2019, 01:17:05 AM

Quote from: Wind_FURY on July 21, 2019, 03:06:58 AM

But no one is doing that job except for a few users, like Doomad, because of fear of going into a long debate against "smart" and intimidating people in the forum like franky1. Roll Eyes

Instead of calling out names, I feel that what one person can achieve with their own efforts is more important than seeing what the rest of the opposing team is doing. Truely, false propaganda cannot be curbed, because they do it for their own benefit and stopping it means taking away freedom of speech. Focus on what you can do and not what others say about you or your work. Wink

It's OK for Roger Ver, and his sockpuppets, to misinform, gaslight, and continue their fraudulent behavior because "freedom of speech"? What about OUR freedom of speech.

I'd say we do enough with our freedom of speech. We call them out on their shenanigans and it seems to work for the most part. Hopefully only a very small number of people still go away with the wrong impression after we've intervened to combat any FUD. It's not the easiest job sometimes, but it keeps us in good practice for when the next troll inevitably appears.

Wind_FURY

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Activity: 2898

Merit: 1823

Quote from: TheUltraElite on July 23, 2019, 01:17:05 AM

Quote from: bitbunnny on July 21, 2019, 01:56:28 AM

There is no such thing as free lunch and the same is with Bitcoin. Sometimes I.think that many still don't have clear and precise picture about Bitcoin.

Free lunch is a false concept introduced by governments of few countries for improving the below poverty line class and idiots extrapolated that for the working class who have a decent earning. Blame that on human imagination and also that they dont have a clear picture of what bitcoin is and how it works. Those who want to pump and dump their coins will be there to do that even after bitcoin (so to speak) and were there even before bitcoin. Roll Eyes

Quote from: Wind_FURY on July 21, 2019, 03:06:58 AM

But no one is doing that job except for a few users, like Doomad, because of fear of going into a long debate against "smart" and intimidating people in the forum like franky1. Roll Eyes

Instead of calling out names, I feel that what one person can achieve with their own efforts is more important than seeing what the rest of the opposing team is doing. Truely, false propaganda cannot be curbed, because they do it for their own benefit and stopping it means taking away freedom of speech. Focus on what you can do and not what others say about you or your work. Wink

It's OK for Roger Ver, and his sockpuppets, to misinform, gaslight, and continue their fraudulent behavior because "freedom of speech"? What about OUR freedom of speech.

Chrisdstar

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Merit: 10

Bitcoin would soon exceed those expectations and there is alot more hidden potentials in its block chain yet to be discovered

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: bitbunnny on July 21, 2019, 01:56:28 AM

There is no such thing as free lunch and the same is with Bitcoin. Sometimes I.think that many still don't have clear and precise picture about Bitcoin.

Free lunch is a false concept introduced by governments of few countries for improving the below poverty line class and idiots extrapolated that for the working class who have a decent earning. Blame that on human imagination and also that they dont have a clear picture of what bitcoin is and how it works. Those who want to pump and dump their coins will be there to do that even after bitcoin (so to speak) and were there even before bitcoin. Roll Eyes

Quote from: Wind_FURY on July 21, 2019, 03:06:58 AM

But no one is doing that job except for a few users, like Doomad, because of fear of going into a long debate against "smart" and intimidating people in the forum like franky1. Roll Eyes

Instead of calling out names, I feel that what one person can achieve with their own efforts is more important than seeing what the rest of the opposing team is doing. Truely, false propaganda cannot be curbed, because they do it for their own benefit and stopping it means taking away freedom of speech. Focus on what you can do and not what others say about you or your work. Wink

Wind_FURY

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Activity: 2898

Merit: 1823

Quote from: TheUltraElite on July 21, 2019, 01:39:15 AM

Quote from: Wind_FURY on July 20, 2019, 06:06:49 AM

Sometimes it depends on who gets to the newbies first. There's a constant misinformation campaign against Bitcoin, and they're very good in gaslighting.

So our work is to make sure the newbies get the proper information. I think that is what a forum is for and even though you wont able to make everyone happy those who want to know more about it will seek out the correct information.

But no one is doing that job except for a few users, like Doomad, because of fear of going into a long debate against "smart" and intimidating people in the forum like franky1. Roll Eyes

bitbunnny

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WOLF.BET - Provably Fair Crypto Casino

The point is that people are often exposed to campaigns that show Bitcoin as a tool for easy money over night. Even here on forum. There are lot of misleading and false information and when people who don't know anything about Bitcoin and cryptocurrencies come to that the result could be very wrong.
There is no such thing as free lunch and the same is with Bitcoin. Sometimes I.think that many still don't have clear and precise picture about Bitcoin.

TheUltraElite

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Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: Anonylz on July 20, 2019, 02:59:00 AM

Success comes with time, btc is on the process of being seen as successful, and judging from where btc is coming till date it will be very bias to call it a failure either, rome was not built in a day, it is a long road ahead but surely btc will get.

Bitcoin has taken its time to grow and become something that people are scared to talk against. So this fear makes them talk bad about it and spread false propaganda for their own gains. Those who want to analyze this should do their own research and not listen to what people commonly say. But that is lacking in 99% of the people in any area.

Quote from: Wind_FURY on July 20, 2019, 06:06:49 AM

Sometimes it depends on who gets to the newbies first. There's a constant misinformation campaign against Bitcoin, and they're very good in gaslighting.

So our work is to make sure the newbies get the proper information. I think that is what a forum is for and even though you wont able to make everyone happy those who want to know more about it will seek out the correct information.

Wind_FURY

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Activity: 2898

Merit: 1823

Quote from: TheUltraElite on July 20, 2019, 02:03:12 AM

Quote from: Glutius on July 17, 2019, 05:31:24 PM

Only uneducated people would think that. Bitcoin is not a simple tool. Not everyone is able to understand how it works and not everyone can appreciate the true purpose and benefit of bitcoin in the future.

Its not about being uneducated. Its human nature to deny logic at times when it is being bitter to them. It gradually becomes acceptance as time progresses and they see a bigger picture. No human in this world would want to put their money in something that does not have a use case - its a simple fact. They know for sure that bitcoin being FUDed by the government makes its all the more reason to stay away from it.

So they tend to invest into other things. However it is true that they fail to appreciate the expectations and thus make blind expectations for the future.

Sometimes it depends on who gets to the newbies first. There's a constant misinformation campaign against Bitcoin, and they're very good in gaslighting.

Nnuego

jr. member

Activity: 266

Merit: 4

Nothing in life is free. The bank you invest on collect charges for storing up your money and atm maintenance fee. Government do collect money for tax also. Running transaction in bitcoin there are people who are managing and maintaining it,won't the get payed at the end. Free stuffs are not valued. We all have to pay in something in return for job well-done.

Anonylz

hero member

Activity: 2562

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Success comes with time, btc is on the process of being seen as successful, and judging from where btc is coming till date it will be very bias to call it a failure either, rome was not built in a day, it is a long road ahead but surely btc will get.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: Glutius on July 17, 2019, 05:31:24 PM

Only uneducated people would think that. Bitcoin is not a simple tool. Not everyone is able to understand how it works and not everyone can appreciate the true purpose and benefit of bitcoin in the future.

Its not about being uneducated. Its human nature to deny logic at times when it is being bitter to them. It gradually becomes acceptance as time progresses and they see a bigger picture. No human in this world would want to put their money in something that does not have a use case - its a simple fact. They know for sure that bitcoin being FUDed by the government makes its all the more reason to stay away from it.

So they tend to invest into other things. However it is true that they fail to appreciate the expectations and thus make blind expectations for the future.

diahsw

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Activity: 756

Merit: 105

Quote from: Wind_FURY on May 30, 2019, 12:42:24 AM

I believe there are some people in the community who are in the standpoint that "Bitcoin isn't successful" unless they can use it for "almost-zero fee" coffee transactions. But is it truly a failure?

Even though it had soared, the value of Bitcoin and other digital currencies increased. Although many parties are skeptical of the future of Bitcoin, few people are still awaiting great hopes in the digital currency. We will not be able to predict whether Bitcoin will last until when. What is certain is the price of Bitcoin is in harmony with the demand. The more people who use Bitcoin, the greater the value. bitcoin will continue to last with the development of technology, and many countries have used bitcoin for buying and selling transactions such as Japan, Korea and China. And it has also been widely used by many large companies in the world.

shoreno

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Quote from: Hallmader on July 17, 2019, 10:30:13 PM

Quote from: Wind_FURY on May 30, 2019, 12:42:24 AM

I believe there are some people in the community who are in the standpoint that "Bitcoin isn't successful" unless they can use it for "almost-zero fee" coffee transactions. But is it truly a failure?

It depends on what basis one considers. As far as I am concerned, I don't think Bitcoin is not successful. But I also admit that its success is rather limited. If the real goal of Bitcoin is to be used as a currency then there is some failure in it because people, I mean the really huge majority, prefer to HODL it and not even spend a Satoshi. I am not sure but that might prod Satoshi Nakamoto himself to think whether there is something wrong with how Bitcoin evolved over time.

i am hodler myself but i still do love to use bitcoin as a currency though the problem is that the fees were a bit expensive even on a small service/item that ill be buying online . im sure that that is also the problem of other bitcoin users but when it comes to hodling i have no problem with that . at the end of the day i can still say that bitcoin is succesful because its now popular . if there is a miss aligned expectations , that is its price because people expect that its price can grow really high .

lobster88

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Quote from: Wind_FURY on May 30, 2019, 12:42:24 AM

I believe there are some people in the community who are in the standpoint that "Bitcoin isn't successful" unless they can use it for "almost-zero fee" coffee transactions. But is it truly a failure?

The economy is changing with new roles once in political portfolios every time so new amendments with the legal acts and rules in banking history is making many bitcoin users in a huge pause. At the end one is not willing to keep themselves in a sorrow situation.

Hallmader

sr. member

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Quote from: Wind_FURY on May 30, 2019, 12:42:24 AM

I believe there are some people in the community who are in the standpoint that "Bitcoin isn't successful" unless they can use it for "almost-zero fee" coffee transactions. But is it truly a failure?

It depends on what basis one considers. As far as I am concerned, I don't think Bitcoin is not successful. But I also admit that its success is rather limited. If the real goal of Bitcoin is to be used as a currency then there is some failure in it because people, I mean the really huge majority, prefer to HODL it and not even spend a Satoshi. I am not sure but that might prod Satoshi Nakamoto himself to think whether there is something wrong with how Bitcoin evolved over time.

Glutius

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Quote from: Wind_FURY on May 30, 2019, 12:42:24 AM

I believe there are some people in the community who are in the standpoint that "Bitcoin isn't successful" unless they can use it for "almost-zero fee" coffee transactions. But is it truly a failure?

Only uneducated people would think that. Bitcoin is not a simple tool. Not everyone is able to understand how it works and not everyone can appreciate the true purpose and benefit of bitcoin in the future.

Topic: Bitcoin usage and misaligned expectations (Read 1164 times)