Topic: Do you think we don't get quality Bitcoin users anymore? - page 19. (Read 2262 times)

I agree with you on this one. Most of the people who own the coins is just seeing it as a thing that you can buy at a low price and sell when price is higher. Not most of them can see what bitcoin can really do. How will it be accepted worldwide and by most people.

Well maybe the coin is still on the phase of being introduced to more and more people and the way to introduce it is by letting them know that you could earn if you invest on this coin. By just trading this coin you can earn.

I guess your point it right!
In the beginning people just had interest, what bitcoin is and didn't believe to much in it!
Now everyone is so addicted to get income, now the only fact that bitcoin is always growing! That's all!
I feel really pitty about that!

I totally agree with you on that matter. Because of Bitcoin popularity rise in this year there are a lot of new people who think they will get rich over night. And when small drop in price happen they panic, because they know nothing about Bitcoin. They can not harm Bitcoin with their ignorance, only its price and by a little. People who don't want to learn about Bitcoin and do trading, they "go home" fast disappointed. But I think that is normal, and that in some hand they even helps Bitcoin.

all in all, bitcoin is another currency where you can speculate the market same as market options.
For anything there are believers, holders and people who trade just for profit, this affect the market every now and then, what should scare BTC are the whales; these people have in their hand the possibility to move the market where they want.
I personally don't care about the casual traders, can they affect the price? yes, but not by big margin; casual traders are charmed by this new technology and they see profit on it, most of them fail hard and lose the investment, the smarter ones will stay in the market and will continue trading low/high

I believe you are right and wrong at the same time.

While it is true that people invest in bitcoin without knowing about it and thinking that price will boom in the future so they can grab profits from it, it is also true that these people are human and not bots. They have emotions and that is why they cant bear the thought of losing their money. Hence they do panic sell and often question their decisions. That does not make them "bad quality users", in fact you cannot judge anyone on the basis of their trading methods.

Bitcoin is decentralized as the comments says. So no one is able to ban anyone to use bitcoin. There are no laws that prohibit a person for using bitcoin. As the bitcoin popularity goes high, more users will come but not all of them has the knowledge of what really bitcoin is. They maybe thinking that it does not matter anymore as long as they have money to buy bitcoin for their own. The question, does it really have a bad impact to bitcoin by gaining more users?

That's only your feeling. many ppl come to bitcoin in this year and of course most of them are newbie. It's normal if newbies have weak hand or don't know much about bitcoin
blame the hype

That may be true but we can't blame them. A lot of the users here take advantage of the opportunity of having a sideline income by earning bitcoin without actually knowing fully about what Bitcoin is. Most of them are unemployed or have low paying jobs so they are desperate enough to resort to this kind of means. Most of signature campaign participants are in this situation because it is fairly easy enough to earn through this kind of means - all you will be needing is an internet connection and a working device like a laptop or mobile.

We should push for bitcoin education among the bitcoin users so that each user would know the different aspects of bitcoin. I think that these 'low quality' users will grow to be better bitcoin users in the future as they get to know more about bitcoin, and they will develop a passion for it.

I believe in what you say. As far as bitcoin's concern,quality users are notjust showing how good they are at selling,holding,trading and a lot more. They are also particular with what they experience in handling bitcoin for years so that they can share to others on how to dome techniques in dealing with bitcoin. It's not that we don't get quality users anymore but we are preparing users to have quality with regards to bitcoin. Preparation is very important so that there is still quality users with bitcoin.

In fact a lot of people are regularly using bitcoin, they use bitcoin as a routine for buying and shopping stuff of their daily life. In fact such people have good opportunities that in their area even the local shops are also accepting bitcoin from them. i think that with the passage of time the number of good and quality users of bitcoin are increasing because more and more people are accepting  bitcoin as regular currency.

At first, new users would be attracted on the price and earnings with Bitcoin, as time goes by, they eventually seek more knowledge about Bitcoin. As they continue to witness and understand the value of Bitcoin, they will started to be passionate.

As far as in-depth and technical knowledge of bitcoin and cryptocurrencies is concerned I agree not everyone is technically sound but it doesn't necessarily mean that they don't have the feeling for bitcoin or other cryptocurrencies which the tech savvy people have, they are loyal supporters of bitcoin and they want it to grow. Having said that I must admit that of course there are people who are into bitcoin and cryptocurrencies only for short term gains but I think it's common when something called mass adoption comes in action. Finally I conclude that there are all types of people in bitcoin and cryptocurrencies field both loyal supporters and people with short term goals.

What quality you wanted specifically,if its the whales or those who really dig into research,then maybe there are few left, but who knows those users might be richer than anyone here soon,since they worked too hard yp earn some amount and while earning I think they're also gaining some knowledge t. It just needs more time.

This post might be criticizing the likes of me. Well, honestly, I do agree with what you said. People are using bitcoin to gain money, not knowing its knowledge and so on. But, these people saw hope in bitcoin. Their government failed them. No jobs, no opportunities. That is why they took this chance to gain money. Do not blame them because they have their own circumstances. Not all people have time to settle down and do their own researches. Some people are devoting their time to invest in bitcoin because the latter did change many people's lives including me.

It's always been like this. However, due to the popularity and exposure Bitcoin gets on a daily basis now, we see more of it. There's a lot more people who are new and will want to ask questions and make themselves known this always happens, it's just more noticeable now that we have many more people who are new. 

This is a normal practice not only in this area.

I agree with you to some extent, because it all depends on people's psychology and here in cryptotrading not all are passionate about trading crypto's nor they are having time to master themselves in Trading skills . And you said it right, it all affect the prices due to panic selling by the people. Actually people are just trying to make some bugs from here and there, and i don't think they are really interested in trading bitcoins as it involves heavy risk due to high volatility. But they don't understand that by this way they are just doing time-pass. But i am sure that quality of bitcoin will start increasing slowly as people start learn and educate themselves in bitcoin trading .

You're definitely right, but I don't think we can blame all newbies for jumping into Bitcoin, mainly because of the fact that it is an insanely lucrative new market for them - we just have to accept that the far majority of the people here all only interested making profits. At some point when they grow out of their noob shell, they will start to develop a better form of understanding if they really see value in what crypto has to offer (aside from the financial aspect). And yes, the lack of Bitcoin understanding is what makes people end up selling their coins in panic. People who don't understand Bitcoin, or this market, don't have any confidence in Bitcoin and what it stands for. At the end of the day, it's their loss, and I don't really care if they sell their coins at a loss, because I am there to buy up these coins at discount rates, and sell them their coins back with a massive premium.

A lot of those users, we cannot do without them because in as much as what they are doing, they lose faith easily and dump, they are equally needed for the growth of the industry and not everyone who start out without such honesty ended being one. I for one was initially carried away by the news of the moment but after a lot of reading and understanding what bitcoin is really about, the mentality then changed which is what we can only hope for in the case of others.

I am one of the non quality Bitcoin users actualy, but I want to learn and support ohers.
But due to the actual discussions in the news and in private chats with friends the BTC Community is getting bigger and bigger.
Which means, that many new users join and only want to read, get informtion how to get rich fast or other  "non-quality" activity.
If the big Hype is over, it will be better again and only the real interested person will stay and comment. This time is actual far away.

A question for the community, what is the definition of a quality Bitcoin user?
Technical or Economical education or big knowledge or with interest in Bitcoin and all things around BTC or another definition?
If this Site will be overrun by many "newbies" like myself, it could be an idea of seperate the Forum in two Forum.
Have seen it at another Theme. First Forum you can join and discuss or spam a bit (not too much) or be only there for fun.
After a fixed amount of time you can request a membership for the other Forum and the Mods and Admin will check your posts and decide about accept or decline it.
Works only with experts in both parts, but could be interest to get new members and hold a quality level on the other side in the Main Forum.

One of the bad things actual for me, or the worst thing:
After one Minute, you have 6-10 sides of "unread posts since last visit" and it is impossible to check all for import new posts.
I know it and check my standard discussion theme boards one after another.Only one or two times a day I check for unread posts to see, if there is something interesting.