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Topic: BTC, Review on Criticism. (Read 119 times)

hero member
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December 17, 2024, 08:10:31 AM
#19
It means the cynics want to get poor because savings doesn't able to hedge against inflation.

Volatility is the advantage in Bitcoin, if the volatility is low, it will be similar to gold. Volatility is a good thing, especially volatility in Bitcoin, if you bought Bitcoin at any price, holding for at least 4 should guarantee you will be in profit.
full member
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December 17, 2024, 07:59:49 AM
#18
Bitcoin has been criticized by forum users for its market volatility since its inception. Not only Bitcoin, but almost all objects in the world have their good and bad sides. For example, we can say that straight-curved, flat-rough, Humanity-inhumanity, considering all these, it appears that there is no fixed rule that Bitcoin will only rise. However, it is not reasonable to close the investment system if the market is going down. We have to prepare ourselves humanly and manage ourselves to achieve the highest ATH of Bitcoin in the future, then we will be able to enjoy the potential light shower of a big future.
Just like what you said, almost all object in the world have their good and bad sides. A lot of people criticize its volatility because they are comparing it with other investment options such as forex and stocks, which is less volatile, especially stock-market, most of them are very vocal in criticizing Bitcoin, the most notable one is Warren Buffet. so what's the good side? People could benefit it's volatility to gain profit as maximum as they can, especially for day-traders. Let's not forget this principle, "High Risk, High Return"
hero member
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Give all before death
December 17, 2024, 07:22:55 AM
#17
Bitcoin has been criticized by forum users for its market volatility since its inception. Not only Bitcoin, but almost all objects in the world have their good and bad sides. For example, we can say that straight-curved, flat-rough, Humanity-inhumanity, considering all these, it appears that there is no fixed rule that Bitcoin will only rise. However, it is not reasonable to close the investment system if the market is going down. We have to prepare ourselves humanly and manage ourselves to achieve the highest ATH of Bitcoin in the future, then we will be able to enjoy the potential light shower of a big future.
You don't have to pay attention to these critics because some of them are just there to create FUD. They have predicted that Bitcoin will die several times but it has not pass. Some of them have begun to change their views while others want to remain sceptics forever. Just have a plan for your Bitcoin portfolio and stick to it regardless of the pressures.

I guess you can't blame them because it’s normal for some people who lack knowledge to criticize Bitcoin, but over time, it has been proven that Bitcoin isn’t a Ponzi scheme, as some initially believed. what they lack is proper education, but if they take the time to educate themselves for the right reasons, they’ll eventually appreciate Bitcoin’s value and its potential to replace gold in the future.
You have to blame them because you don't criticize why you don't know. It is your responsibility to read about a concept and understand it before you take a stand. Some people depend on hearsay and a not receptive to change or innovation.
full member
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December 14, 2024, 12:06:57 AM
#16
The extent of criticism Bitcoin has received from the members of the forum is far less than what others who are not of the forum are saying against Bitcoin and most times it's always due to a lack of proper knowledge on Bitcoin which gives them a marred way of viewing it and guides them to attacking Bitcoin based on their assumptions that Bitcoin is in a way associated with Ponzi or fraudulent things.

No system gets to be accepted by all regardless of how beneficial it is to them. Fiat and banks are still in use by the majority of people but yet, their loopholes are enormous. Volatility is a part of Bitcoin and for Bitcoin, it's been going positively and regardless of the seasonal correction it's still going upwards and creating new ATH always. Those that allows criticism to stop them from getting the best out of Bitcoin but at the present and in the future will be the ones to loose out because Bitcoin will keep doing better and better as the year progresses.
legendary
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Not your keys, not your coins!
December 13, 2024, 10:54:26 PM
#15
For ATH how it sounds in 5 years 1M per Bitcoin.
5 years equal to only one more market cycle and with only one extra cycle, it's impossible for Bitcoin to hit $1M for 1 BTC.

If it is like 5 more cycles, 20 more years, it's ok with $1M target. I think Bitcoin can hit that price target as $1M sooner than 5 more market cyles, but 5 years with me is impossible timeline.

Price predictions here tend to match with your time line, 5 more years, but I disagree with these predictions that outline that $1M price can be reached in 2028 year.
https://charts.bitbo.io/price-prediction/

Okay, you are basically saying "Bitcoin is volatile, deal with it."
Winners and losers in Bitcoin market all love volatility but they can have opposite results, get profit or get loss from high volatility. They have to deal with high volatility of this market, by managing their investment and trading capital, manage risk well.

If they invest and hold, or trade with Spot, volatility will be their favorite because it can help them getting very great profit. Holding a high volatility and parabolic growth asset, means very great ROI.
https://casebitcoin.com/charts#roi_chart
legendary
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December 13, 2024, 05:59:50 PM
#14
Okay, you are basically saying "Bitcoin is volatile, deal with it."

Well... I guess some of those big swings come from investors freaking out or getting greedy when they should stay calm.  Simply telling people to hang on tight through all the turbulence seems risky to me. Feels dismissive. Thats not really an investment plan, just crossing your fingers and hoping for the best.  Yes, an asset cant stay volatile forever without eventually crashing down.  But investors should think hard about what risks they can handle and have a clear strategy to cut losses when things get ugly.  But hey, Im no expert, just thinking out loud. 
legendary
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December 13, 2024, 05:08:17 PM
#13
Bitcoin has been criticized by forum users for its market volatility since its inception. Not only Bitcoin, but almost all objects in the world have their good and bad sides. For example, we can say that straight-curved, flat-rough, Humanity-inhumanity, considering all these, it appears that there is no fixed rule that Bitcoin will only rise. However, it is not reasonable to close the investment system if the market is going down. We have to prepare ourselves humanly and manage ourselves to achieve the highest ATH of Bitcoin in the future, then we will be able to enjoy the potential light shower of a big future.

Buddy this is my first-time science I'm here listening to you that forum members criticize Bitcoin for its utility, Bitcoin is an object, and this is also my first time, Yup we all know that Bitcoin will rise to new glory and there's no rule that it will rise but fundamentally and according to the demand and supply concept it's clear that Bitcoin is gonna rise on a longer time frame.

For ATH how it sounds in 5 years 1M per Bitcoin.
hero member
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December 13, 2024, 04:46:20 PM
#12
Bitcoin has been criticized by forum users for its market volatility since its inception. Not only Bitcoin, but almost all objects in the world have their good and bad sides. For example, we can say that straight-curved, flat-rough, Humanity-inhumanity, considering all these, it appears that there is no fixed rule that Bitcoin will only rise. However, it is not reasonable to close the investment system if the market is going down. We have to prepare ourselves humanly and manage ourselves to achieve the highest ATH of Bitcoin in the future, then we will be able to enjoy the potential light shower of a big future.
The vas majority of the members who criticise bitcoin are not from this forum I must say because bitcoin have been well thought out in this forum and even a newbie already knows the fundamentals of bitcoin even before they buy the first bitcoin, to avoid such misconceptions, those that you see having bad experience and tending to criticize bitcoin each time are those that have taken bitcoin to be why but is not, some of them invested in bitcoin with the aim of getting rich over night, so their are Very aware of this mistake and when bitcoin failed to keep going in the direction they want, the results into backbiting bitcoin.


So we can take them seriously no matter what the level of they criticisms can be, since they speaks out of lack of basic knowledge about bitcoin, those reviews that we can take seriously are those from known bitcoin expert who are all on the positive side for bitcoin currently, bitcoin is doing just fine in terms of value and market growth.
sr. member
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December 13, 2024, 04:32:43 PM
#11
Bitcoin has been criticized by forum users for its market volatility since its inception. Not only Bitcoin, but almost all objects in the world have their good and bad sides. For example, we can say that straight-curved, flat-rough, Humanity-inhumanity, considering all these, it appears that there is no fixed rule that Bitcoin will only rise. However, it is not reasonable to close the investment system if the market is going down. We have to prepare ourselves humanly and manage ourselves to achieve the highest ATH of Bitcoin in the future, then we will be able to enjoy the potential light shower of a big future.
I’m not sure all forum users will criticize bitcoin to such extend, most of the criticism you read here are mostly from newbies who don’t have the least understanding how bitcoin works. Bitcoin pros and cons can’t be generalized based on volatility alone, this is where most people get it wrong meanwhile the volatile nature of bitcoin seems profitable for those who can take advantage of the price. No doubt bitcoin growth just started, buying when the price is low is called buying the dip it’s another good strategy besides selling when the price is low might cause loss.
legendary
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December 13, 2024, 04:28:04 PM
#10
It's only a matter of time before they are proven wrong. Even those people who think that bitcoin won't achieve it are proven wrong like bitcoin price not reaching 90k or even 100k which it did this month so you shouldn't worry about bitcoin being criticized by others because it is only to spread fomo by spreading information like that and those people who aren't informed will lead to do what they want. it's true that there's a bad side of bitcoin but in my opinion, it won't be a problem to those who have knowledge about Bitcoin.
There's no coin that has been criticised as much as bitcoin and one thing about bitcoin is that he has never failed to disappoint its critics.
Bitcoin has been doing it's thing from inception and we have no reason to query his credibility.
Every year we review bitcoin, criticise and talk down on it. But now it doesn't deserve this, we need to appreciate and protect our dear bitcoin.
sr. member
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December 13, 2024, 03:32:41 PM
#9
Bitcoin has been criticized by forum users for its market volatility since its inception. Not only Bitcoin, but almost all objects in the world have their good and bad sides. For example, we can say that straight-curved, flat-rough, Humanity-inhumanity, considering all these, it appears that there is no fixed rule that Bitcoin will only rise. However, it is not reasonable to close the investment system if the market is going down. We have to prepare ourselves humanly and manage ourselves to achieve the highest ATH of Bitcoin in the future, then we will be able to enjoy the potential light shower of a big future.
Going through this post you seems to be trying to use the Bitcoin and Crypto coins terms to communicate with us as an enthusiasts so you are literally missing out.

Quote me if I am wrong, the forum users of this platform have never criticized Bitcoin Instead it speculates rhythms of Bitcoin to go virally adopted so as to gain valuables so that those of them as much can also benefit from the increase of market price since we are all users of the Bitcoin for benefits potentials.
hero member
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December 13, 2024, 02:11:09 PM
#8
It's only a matter of time before they are proven wrong. Even those people who think that bitcoin won't achieve it are proven wrong like bitcoin price not reaching 90k or even 100k which it did this month so you shouldn't worry about bitcoin being criticized by others because it is only to spread fomo by spreading information like that and those people who aren't informed will lead to do what they want. it's true that there's a bad side of bitcoin but in my opinion, it won't be a problem to those who have knowledge about Bitcoin.
sr. member
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December 13, 2024, 01:59:29 PM
#7
Bitcoin has been criticized by forum users for its market volatility since its inception.
Firstly Op it seems like you are mixing up the concept of both trading and hodling. Secondly the fact is that the more you listen to bitcoin critics and haters, the less drive you may likely have to invest in bitcoin especially if you don't have any bitcoin investments beforehand to start with. As a bitcoin HODLer you don't need to be concerned much about charts and little price shifts because they tend to be more of a fuel for FOMO than an information to you like a bitcoin trader would have it on the other hand.

No matter how good or how bad bitcoin performs ,we will always have critics and one reason I don't fancy listening to their discussions is than some of them are HODLERs in secret but publicly out to cause FOMO and mislead the uninformed public.
sr. member
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December 13, 2024, 12:21:19 PM
#6
Bitcoin has been criticized by forum users for its market volatility since its inception. Not only Bitcoin, but almost all objects in the world have their good and bad sides. For example, we can say that straight-curved, flat-rough, Humanity-inhumanity, considering all these, it appears that there is no fixed rule that Bitcoin will only rise. However, it is not reasonable to close the investment system if the market is going down. We have to prepare ourselves humanly and manage ourselves to achieve the highest ATH of Bitcoin in the future, then we will be able to enjoy the potential light shower of a big future.
I believe you that everything have its bad side same as Bitcoin, but Bitcoin’s bad side is mainly for people who are not educated that doesn’t know technology and it’s advancement, if not Bitcoin has come with long lasting solutions against centralization, and it has come with financial freedom.
And people that believed in Bitcoin and invested in Bitcoin since it’s was created have a lot to say about the benefit they get and profit they make in Bitcoin investment; however, some authorities especially government authorities are yet to embrace it properly because of their selfish interest because if they accept Bitcoin, they will lose.
full member
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Patience and hard work are the keys to success.
December 13, 2024, 11:39:52 AM
#5
Bitcoin criticism is nothing special, it is completely normal. If there is no discussion and criticism of a successful product in the market, you cannot call it a successful product. When you see only the reputation of a product, then you will understand that there is an adulteration in the product or it will deceive you. Incidentally, I see Bitcoin criticism positively. If you notice, you will see that Bitcoin can be known and education can be gained about Bitcoin through criticism. Bitcoin is criticized by those who are slightly educated about Bitcoin. It is said, 'A little knowledge is terrible'. So it is normal to hear Bitcoin criticism from an ignorant person about Bitcoin. When that person gets to know Bitcoin while criticizing and can understand the effectiveness of Bitcoin, he will focus on promoting Bitcoin like Michael Seller. Remember, criticism is not negative. Criticism is a step to success. The more criticism, the more successful you are.
legendary
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December 13, 2024, 11:32:43 AM
#4
Bitcoin has been criticized by forum users for its market volatility since its inception.
I guess this Users mostly come into the Forum and into the Cryptoworld above other Altcoins and not only for or about Bitcoin.
Best Example for that is Bitcoin Cash or also ETH

We have to prepare ourselves humanly and manage ourselves to achieve the highest ATH of Bitcoin in the future, then we will be able to enjoy the potential light shower of a big future.
Thats exactly the wrong thinking.
Its just and for sure a very nice and awesome side effect that Bitcoin has that price and all that AThs we got (i dont complain about that)
But most forgot with all that immense ATHs and how the price is right now that Bitcoin wasnt created to get and have this value.
It was created for to be independent of banks and so that nobody can control it, and to make direct transactions to people without them profiting from it like as it is at the moment with banks and Fiat money.
legendary
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Not your keys, not your coins!
December 13, 2024, 11:32:07 AM
#3
Bitcoin has been criticized by forum users for its market volatility since its inception. Not only Bitcoin, but almost all objects in the world have their good and bad sides
Most critics are from outsiders of the forum and of Bitcoin market.

If you are in this forum, participate in Bitcoin market, have enough experience with it, I believe you won't have such critics. Outsiders, in contrast, only stay outside the forum and Bitcoin market, and they look at Bitcoin market volatility and see it is risky but they did not see beauty of this market, and strength of Bitcoin blockchain and its usefulness for their storage of asset safety.

I guess you can't blame them because it’s normal for some people who lack knowledge to criticize Bitcoin
They lack of knowledge about Bitcoin and this market, but they can read many helpful and insightful articles from https://endthefud.org/
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December 13, 2024, 11:13:59 AM
#2
I guess you can't blame them because it’s normal for some people who lack knowledge to criticize Bitcoin, but over time, it has been proven that Bitcoin isn’t a Ponzi scheme, as some initially believed. what they lack is proper education, but if they take the time to educate themselves for the right reasons, they’ll eventually appreciate Bitcoin’s value and its potential to replace gold in the future.

you're familiar with Michael Saylor of microstrategy, right? You know that he urged the US government to sell their gold reserves and invest in Bitcoin? interestingly, this is the same guy who used to criticize Bitcoin but has since become one of its biggest advocates. Now, he’s confident in Bitcoin and no longer sees it as a risky investment.
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December 13, 2024, 10:55:49 AM
#1
Bitcoin has been criticized by forum users for its market volatility since its inception. Not only Bitcoin, but almost all objects in the world have their good and bad sides. For example, we can say that straight-curved, flat-rough, Humanity-inhumanity, considering all these, it appears that there is no fixed rule that Bitcoin will only rise. However, it is not reasonable to close the investment system if the market is going down. We have to prepare ourselves humanly and manage ourselves to achieve the highest ATH of Bitcoin in the future, then we will be able to enjoy the potential light shower of a big future.
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