Crypto ‘Won't Turn Out to Be a Complete Delusion'

hen cet

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Quote from: kyucryp on April 13, 2019, 12:19:01 PM

crypto is not just an illusion. This currency can not be physically seen and held, but we can use this currency and we can feel the benefits. This currency is often considered unreal and imaginary, but with this currency, there are many payments that get rich and many earn income.

Crypto money cannot be seen physically, because of its digital use and ownership so that it is only available on the internet, but can be used to pay for transactions in countries that have legalized it, for trading or for investment.
Crypto is actually the future money, where the value can be expensive depending on the amount of supply and demand. Even today Bitcoin has reached a price of USD 6137, and I am sure that in the future it will continue to increase.

teejayrichard2

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The truth is so many people who spoke against bitcoin in the past, saying negative things including bitcoin being a delusion have come to realize bitcoin is the future and has come to stay. They have seen the great potentials which bitcoin posses and are all beginning to accept the fact that bitcoin is the future. Nice to know they have come to realize this and are accepting the fact that crypto wont turn out to be a delusion.

TheUltraElite

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Quote from: kyucryp on April 13, 2019, 12:19:01 PM

crypto is not just an illusion.

An illusion is a false perception of something that does not exist. There is a huge difference between illusion and delusion. Google them and read about them.

Bitcoin exists because it is created by mining and then transacted among people as a currency. It is same in terms of how the barter system and then coinage systems came into action.

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This currency can not be physically seen and held, but we can use this currency and we can feel the benefits. This currency is often considered unreal and imaginary, but with this currency, there are many payments that get rich and many earn income.

Bitcoin is 100% real. We even have physical bitcoins which are regularly traded in the "Collectibles" section of this forum, though I doubt any of you have ever actually gone to that section, since you all are busy spamming for post counts. No offense.

Back to topic, bitcoin wont make a person rich in one day. They need to trade and do it with skills in order to buy at a low price not panic sell and sell a high price. Without that it wont make a person rich. Yes it has benefits but the acceptance is also low which is the reason people tend to call it "unreal" or "delusion"

idham29

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Quote from: jhonjhon on April 02, 2019, 09:03:37 PM

Have I look it before but I proven to be not a delusion anymore as I understand the way it used to be and its huge contribution to the community.
It have a big role at this new generation and hoping that the others could appreciate it same thing how cryptoners appreciate it.
Maybe we should have to open our mind for another and best opportunity.

BItcoin has changed the lives of many people around the world, by trading or investing in bitcoin for the past ten years. There are many sweet stories that follow the journey of bitcoin so far.
In my area there are bitcoin owners who can make their families happy from the benefits of managing bitcoin. In fact, it eventually becomes a resource when there are people who want to deepen crypto in general or bitcoin in particular. This is not fantasy, but a proven reality.

kyucryp

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crypto is not just an illusion. This currency can not be physically seen and held, but we can use this currency and we can feel the benefits. This currency is often considered unreal and imaginary, but with this currency, there are many payments that get rich and many earn income.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Noa_Amable on April 08, 2019, 05:27:45 AM

sure, everybody has own opinion, that's quite normal.

Surely because the difference in opinions and given the power to create a new coin within seconds every other person here can get another shitcoin going and promote it for a future pump and dump. Nobody actually cares where you are putting your money in and even if you buying that shitcoin you are the one who is soon going to be in loss. Grin

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regarding crypto - well, some believed it and participated on the early stages which brought immense profits. though, we act blindly in many cases like this

That is a vague opinion. People had bought at low prices and they did sell at high prices. Again there were people who missed the train and becoming over enthusiastic they bought at all time highs and suffered big losses. What is profit for one will be loss for another one.

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Quote from: wxa7115 on April 02, 2019, 01:14:16 PM

-snip-
So even now they are trying to figure out how to do it but it seems they are realizing that they will not find a way anytime soon which means that they may try to join bitcoin and to try to destroy it from the inside with their influence and money.

I'm not even going to try to ask who are those "they" you are mentioning... it's becoming more and more obvious to people.
But I seriously doubt, that there is any plot against bitcoin going on today. There might have been one in the past, for a moment but now we can see how all major industries, are implementing blockchain. How new hype on stable coins is forming etc.
Delusion dilemma is out of the question for quite some time, only uninformed, jealous and close minded folks are what's left in the dispute. It is their bubble that is going to burst one day, not bitcoin's. Amen Roll Eyes

Noa_Amable

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Quote from: erikoy on March 07, 2019, 05:10:13 AM

Well this is his opinion and probably many were going to be happy knowing about this man that could influence the cryptocurrency popularity. This is indeed needed nowadays in order to stretch the market price from the longest bear trend I guess since I am new in this system.

Anyway, if others would agree with it then it will be completely true that cryptocurrency is not just a delusion but it is at large unstoppable.

sure, everybody has own opinion, that's quite normal.
regarding crypto - well, some believed it and participated on the early stages which brought immense profits. though, we act blindly in many cases like this

suzanne5223

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Quote from: jakezyrus on April 08, 2019, 01:28:51 AM

Quote from: denzkilim on April 08, 2019, 01:17:17 AM

Quote from: Kakmakr on March 08, 2019, 01:03:56 AM

I think a lot of the old school economists are becoming despondent with the Fiat system and they can see the cracks forming in that system now. Bitcoin introduced some alternative system to them, that might just be more effective than the previous system and some open-minded economists are seeing this potential now.

People like Warren Buffet are resistant to change, because old people do not want to learn new things anymore. They made a lot of money from the cracks in the old system and they will not be around when it collapse. Angry

I guess you're correct, some oldies do not want to learn new things as long as the old things are working for them but we can not please everyone to believe in a new technology that we believed in. I m not against fiat system or Crypto Currency decentralization system but I think both of these valuable things can work together for a better future. Cool

some maybe but other older people do also want to adapt new things or new technology that they see around them . one example is the smart phones and social medias , dont you guys notice that people on all ages are involved with it . of course that includes older/mature people . same thing goes to crypto . they also want to adapt it because its obvious that cryptos are verry promising investment not just investment but a verry useful tool to .

Yes, some people accept the change while some won't cause we can't have the same opinion. However, that was not the reason behind Warren Buffet negative statement about crypto currency and if I were you guys I won't be bother or take him serious because he was scared of crypto currency spoiling his annum profit because he's among the share holder of some banks in the US.
What do you expect him to say about crypto currency?

jakezyrus

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Quote from: denzkilim on April 08, 2019, 01:17:17 AM

Quote from: Kakmakr on March 08, 2019, 01:03:56 AM

I think a lot of the old school economists are becoming despondent with the Fiat system and they can see the cracks forming in that system now. Bitcoin introduced some alternative system to them, that might just be more effective than the previous system and some open-minded economists are seeing this potential now.

People like Warren Buffet are resistant to change, because old people do not want to learn new things anymore. They made a lot of money from the cracks in the old system and they will not be around when it collapse. Angry

I guess you're correct, some oldies do not want to learn new things as long as the old things are working for them but we can not please everyone to believe in a new technology that we believed in. I m not against fiat system or Crypto Currency decentralization system but I think both of these valuable things can work together for a better future. Cool

some maybe but other older people do also want to adapt new things or new technology that they see around them . one example is the smart phones and social medias , dont you guys notice that people on all ages are involved with it . of course that includes older/mature people . same thing goes to crypto . they also want to adapt it because its obvious that cryptos are verry promising investment not just investment but a verry useful tool to .

denzkilim

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Quote from: Kakmakr on March 08, 2019, 01:03:56 AM

I think a lot of the old school economists are becoming despondent with the Fiat system and they can see the cracks forming in that system now. Bitcoin introduced some alternative system to them, that might just be more effective than the previous system and some open-minded economists are seeing this potential now.

People like Warren Buffet are resistant to change, because old people do not want to learn new things anymore. They made a lot of money from the cracks in the old system and they will not be around when it collapse. Angry

I guess you're correct, some oldies do not want to learn new things as long as the old things are working for them but we can not please everyone to believe in a new technology that we believed in. I m not against fiat system or Crypto Currency decentralization system but I think both of these valuable things can work together for a better future. Cool

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Quote from: spydee1522 on April 07, 2019, 06:29:39 PM

With gradual mass adoption, I don't think personally that Crypto will ever turn out to be a delusion. Shopping malls and banks are now accepting Crypto making it more attractive to the mass thereby enhancing its adoption whereby revealing a steadfast block to delusion.

There is a lot of disbelief and doubt at this early stage, hence we call it a risky stage for bitcoin and crypto.
But as we keep supporting it and the adoption is doing well, eventually it will grow bigger and people would be aware that this is legit and it's needed for a better world.

spydee1522

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With gradual mass adoption, I don't think personally that Crypto will ever turn out to be a delusion. Shopping malls and banks are now accepting Crypto making it more attractive to the mass thereby enhancing its adoption whereby revealing a steadfast block to delusion.

Teawhalee

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Everyone is free to say his mind without being harmed. At this point anyone thinking that bitcoin is delusional or a bubble has not been following well. In some other views all these r simply used to convince their following to buy or sell

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Quote from: TheUltraElite on April 07, 2019, 03:29:26 AM

I see nothing wrong with buying and asset and then selling it when the price rises. Then buy more once the cycle restarts. Its profitable and does not need the opinion of others to weaken your resolve

This is exactly what the incorrigible speculators think

That is kinda normal as it is perfectly normal for anyone to jump at an opportunity whenever it presents itself, whether it be in trading or elsewhere. With that said, though, speculative trading, i.e. trading focused exclusively on buying when the price of an asset tanks and selling the asset when its price rises, doesn't add anything to real value (at least not directly), even though it is said to add liquidity to the market. But the latter seems to be true only when there is enough real value already, otherwise it sooner adds to volatility instead

pushups44

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Quote from: Sandus_Cryptolover on March 07, 2019, 04:55:19 AM

Couple of years back, some individual who feel they so much understand the financial market claimed Bitcoin to be a bubble as well as a delusion then, currently have a change of opinion. Niall Ferguson is one of such and this is an extract of his recent opinion.

British economic and financial historian Niall Ferguson says that cryptocurrencies will not turn out to have been a complete delusion, as he had once assumed.

https://cointelegraph.com/news/economic-historian-niall-ferguson-crypto-wont-turn-out-to-be-a-complete-delusion

With no doubt, it's becoming very clear to all that the revolution of blockchain and Cryptocurrency at large is unstoppable.

I've come to the conclusion that people like Nouriel Roubini and other naysayers are trolls looking for attention or are simple being thickheaded. If bitcoin was going to die, it would have died already. It's been 10 years! These idiotic obituaries just won't go away.

TheUltraElite

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Quote from: Malsetid on April 02, 2019, 08:47:31 PM

And it's already bring used today. It has actual use and actual demand and i'm pretty sure that future transactions will move around crypto and digital modes. That makes it relevant. Maybe you can't see it now but a lot of us do see bitcoin becoming one of the top altrrnatives to fiat a couple of years from now.

The use is still very small among a certain niche of users. Specially those who are hedging funds with crypto, gambling, trading and those who live in countries where crypto is accepted as official mode of payment. It may be a good alternative to fiat but there is some speculation among people who are not yet knowing this side that its something to do with criminal and all. This thought has been propagated by the wrong people to instill fear.

I see nothing wrong with buying and asset and then selling it when the price rises. Then buy more once the cycle restarts. Its profitable and does not need the opinion of others to weaken your resolve.

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Quote from: Ailmand on April 02, 2019, 04:25:02 PM

Yes we are making noise and as we all know crypto isnow being accepted as a payment method.
So you could say that we could now use it in real life .
Little by little we are making Bitcoin be part of our daily life.
And the noise and cheap talk is now making it's way to be part of the real world.

Noise is meaningless and mostly useless

There was plenty of buzz in 2017 and so what? It was all sheer speculation gotten out of control in that day and age, and now we are basically back to square one. Speculation didn't help adoption. In fact, there are solid reasons to believe that it actually impeded adoption as most people come to think of Bitcoin (not even speaking of altcoins) as a speculative vehicle only. And we cut the crap (as well as empty talk), it is what Bitcoin is (and a dynamic hedge against fiat currencies, to more advanced and skilled strata of users)

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Quote from: bhabygrim on March 31, 2019, 12:20:09 PM

This wouldn't be a complete delusion just look at how far it already went.
Look at how much it have survive and how many countries and business have already accepts it .
This wouldn't be a delusion it would walk straight to the future it would be part of the evolution.

Bitcoin has survived so far, users continue to grow, adoption continues. and that proves that bitcoin is able to continue to grow.
this is not delution, bitcoin will become popular someday because bitcoin growth is real!

jhonjhon

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Have I look it before but I proven to be not a delusion anymore as I understand the way it used to be and its huge contribution to the community.
It have a big role at this new generation and hoping that the others could appreciate it same thing how cryptoners appreciate it.
Maybe we should have to open our mind for another and best opportunity.

Topic: Crypto ‘Won't Turn Out to Be a Complete Delusion' (Read 1001 times)