Do you trust bitcoin holders? - page 3.

Viscore

hero member

Activity: 3178

Merit: 661

Live with peace and enjoy life!

Quote from: mich on May 24, 2024, 12:31:02 AM

Well, I am a Bitcoin holder so I did want to say we are not all like this. I am not anti governments and I am not anti banks. I do trust in myself for this reasons. We have to be very patient with our Bitcoin.

I do like what Bitcoin does have to offer. But I do not want to to overpower the powerful governments and the banking systems in this world.

Being a good citizen of the government does not necessarily mean that you have to follow everything that the government demands. If that’s the case, where’s the freedom there? Investing in bitcoin can never be considered an act against the government or the banks, but it’s simply our own way of motivating ourselves to find life’s progress and financial security in the future. While bitcoin opportunities are here to make our dreams and goals happen, then taking advantage on it is the best option without ignoring the government laws that we citizens are obliged to follow.

synchronym

full member

Activity: 532

Merit: 163

Countries that have Bitcoin legality can invest in Bitcoin with confidence and are changing their own fortunes with this Bitcoin investment. But countries that are not into Bitcoin are also investing in Bitcoin with the help of the government. But if Bitcoin is legal in all countries, it will be a big news for those who use Bitcoin. Day by day bitcoin popularity is increasing day by day so the government of the country which declares bitcoin legality must consider bitcoin.

Solokan

sr. member

Activity: 658

Merit: 325

Rollbit.com

Quote from: Lantind on May 24, 2024, 04:35:49 PM

Quote from: leonair on May 24, 2024, 04:29:49 PM

We have been watching Bitcoin for years. If we look at the past history of Bitcoin we can see that those who hold Bitcoin have lost and they have made huge profits. If holding it should be done long term. Never panic investing in Bitcoin. Those who can hold Bitcoin tight I believe can gain a lot from Bitcoin. There is no chance of not trusting Bitcoin holdings. Because no one has been disappointed by holding Bitcoin so far

So far Bitcoin's journey has certainly had an impact felt by those who hold Bitcoin to date and there are some people who can hold on to their Bitcoin in the long term will certainly be able to gain profits on the investments they make, but there are some people who don't understand how it works. Bitcoin and when they try to invest and see market conditions that are undergoing a correction, of course they will panic and some will even sell again at a loss.

It's true that for those who are beginners and inexperienced and lack exact knowledge, when there is a correction, they always panic sell even though they are at a loss. However, for those who are experienced, of course they will not sell their Bitcoin until they make a profit, and usually beginners who don't have enough knowledge of course always want to get rich overnight and when buying BTC, they don't use money that is ready to be lost, so they end up panicking and selling it, even if they lose money. see prices go down

and yes, so far nothing has disappointed long-term Bitcoin holders, the proof is that in the near future BTC has also touched a new ATH and of course many predict that BTC has the potential to rise even higher in price from now. To be honest, I personally as a small BTC investor don't ever disappointed holding BTC. and of course people who have held BTC from the past until now have never been disappointed even though they didn't have time to sell it during the Bull Run because the price of BTC has never been disappointed until now.

Pi-network314159

sr. member

Activity: 434

Merit: 275

Enjoy 500% bonus + 70 FS

Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

Your question is a kind of confusing. But I trust bitcoin HODLers because because I am one of them. The community of bitcoin HODLers are the reason behind the tremendous growth of bitcoin because the more people HODL unto bitcoin the more they are creating scarcity in the market thereby making the growth of bitcoin faster than expected. So the HODLers are one key factor of the growth of bitcoin.

romero121

legendary

Activity: 3234

Merit: 1214

DGbet.fun - Crypto Sportsbook

If you consider holding bitcoin anti-government, then everything you do will be against the government. It is possible to indicate that everything you do is against the government with reference to the law. To be perfect means to do different activities, you need to be moving to different countries. Because in one country, what you do is legal, whereas in the neighboring country, it'll be illegal. Another thing I don't understand is the trust used here. Is that meaning that just because a person holds bitcoin, you find trust issues with that guy? If so, please have some self examination.

Wakate

hero member

Activity: 1190

Merit: 543

fillippone - Winner contest Pizza 2022

Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

How do you mean by do you trust Bitcoin holders? You need to understand that any person that have Bitcoin even though it is a small portion is a Bitcoin holder. Do you intend to be a Bitcoin holder? Because I still don't understand why you think that looks like u trusted cryptocurrency. No matter your opinion or what you think about Bitcoin, the price will keep surging and more investors would always be ready to buy and hold Bitcoin. There are different ranges of holders which includes whales, sharks and many others in the market. You can also decide to be a Bitcoin holder if you don't trust other holders.

Lantind

sr. member

Activity: 2324

Merit: 263

Quote from: leonair on May 24, 2024, 04:29:49 PM

We have been watching Bitcoin for years. If we look at the past history of Bitcoin we can see that those who hold Bitcoin have lost and they have made huge profits. If holding it should be done long term. Never panic investing in Bitcoin. Those who can hold Bitcoin tight I believe can gain a lot from Bitcoin. There is no chance of not trusting Bitcoin holdings. Because no one has been disappointed by holding Bitcoin so far

So far Bitcoin's journey has certainly had an impact felt by those who hold Bitcoin to date and there are some people who can hold on to their Bitcoin in the long term will certainly be able to gain profits on the investments they make, but there are some people who don't understand how it works. Bitcoin and when they try to invest and see market conditions that are undergoing a correction, of course they will panic and some will even sell again at a loss.

leonair

sr. member

Activity: 1400

Merit: 420

Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

We have been watching Bitcoin for years. If we look at the past history of Bitcoin we can see that those who hold Bitcoin have lost and they have made huge profits. If holding it should be done long term. Never panic investing in Bitcoin. Those who can hold Bitcoin tight I believe can gain a lot from Bitcoin. There is no chance of not trusting Bitcoin holdings. Because no one has been disappointed by holding Bitcoin so far

GxSTxV

hero member

Activity: 1008

Merit: 755

Are you a holder? If you are one, then just ask yourself, do you trust in bitcoin to a point where you hold it and keep it for long term? Not all holders are keeping all their assets in one place and only Bitcoin. Many whales are businessmen and companies, either Bitcoin is their field where they do most of the transactions using it as pain payment gate, or just holding it as a saving. Sometimes, we go through hard times and we have go sell our assets and deal with life expenses, then after that you buy back another amount.
Personally, I trust Bitcoin and I keep my savings in Bitcoin form whenever I get the chance to hold. I believe also that many whales and holders have the same mentality as me, that one day Bitcoin will be the next gold and replace it, hoping we see all services, shops and transactions are made with Bitcoin.

Eventually, I would say that you shouldn’t worry much about the holders, focus on the future of this gold and take your chance to hold as well.

Issa56

hero member

Activity: 1484

Merit: 928

Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

Why do you think bitcoin holders are anti-government? No they are not. Bitcoin holders do complain about the government just because the government and the banks are against bitcoin, and we know that they are doing it just for their own selfish interests, they are making people believe that bitcoin is bad and that it is only used by scammers, which is very wrong. Banks are against bitcoin because they know it’s going to kill their business. People now prefer to leave their money in bitcoin rather than keep it in banks, which is why banks are against bitcoin. So I do trust bitcoin holders, and they are not anti-government, they are just fighting for bitcoin.

Asiska02

hero member

Activity: 1008

Merit: 702

Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

Bitcoin holders have nothing to do with the government and their banks, they don’t hate the government but the government don’t like the way bitcoin functions and always trying to clamp down on their activities. Bitcoin does not promote anti-government or discourages the use of banks, and most bitcoin holders can be trusted base on their personal nature and encounter as a person just like any normal person. If you don’t trust a bitcoin holder, it should only be that you found something unusual from them that will make you not to trust them but not because they own some bitcoins with them. Bitcoin was invented to serve as alternative to banks and not to fight them and if the government can see it from that perspective, all will be well.

Solokan

sr. member

Activity: 658

Merit: 325

Rollbit.com

Quote from: BABY SHOES on May 07, 2024, 09:33:08 PM

Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

Not anti-government - anti-bank because they will be difficult to fight, we still need banks for daily transaction needs this has become the majority of uses in society that are impossible to eliminate.

Quote from: wez on May 07, 2024, 05:45:34 PM

I am wondering; Do you trust bitcoin holders?

Obviously I believe in holding bitcoin over other assets, in essence investing in bitcoin hoping for better returns than other assets, Bitcoin has its own controls, there is freedom where people are free to transfer anywhere.

I agree with you @BABY SHOES We are not anti-government and in fact we must obey government regulations that apply in each country and are also not anti-bank because it is true what you said that we really need banks for our needs. and if we stay away from the government or banks, of course that is a mistake because in my opinion, no matter what, we need banks and the government.

and of course quite a few governments also benefit from people who invest in bitcoin because in my country the government benefits from exchange taxes and in essence bitcoin has a positive impact on everyone and benefits a lot.

I personally also agree with you, yes, I also believe in the potential of bitcoin and of course bitcoin is a promising digital asset and of course bitcoin holders have the potential to gain profits. And what's unique about Bitcoin is that it has its own controls, yes, there are many other features that Bitcoin has. But of course there is always a risk of investing in BTC, but what is clear is that knowledge must be prioritized before getting involved in the world of Bitcoin.

Horsbyname

newbie

Activity: 17

Merit: 0

It's important to recognize that trust in any financial system, Bitcoin itself operates on a trustless system, meaning transactions can be verified without the need for trust between parties, trust in the broader cryptocurrency ecosystem may vary based on personal beliefs and risk tolerance.

Litzki1990

sr. member

Activity: 1386

Merit: 406

I am involved in investing in Bitcoin and I am holding Bitcoin for a long time and I will hold my investment in a more long-term plan so there is nothing to distrust those who hold Bitcoin because I am involved in this work myself. What you said is that Bitcoin is anti-government in most of the countries in those countries instead of approving Bitcoin they promote various negative aspects about Bitcoin. It's not unusual to promote like this because when you transact through Bitcoin without going through a bank, the central bank will definitely suffer some financial loss which no government wants. If all the transactions are done through the bank, in this case the bank and the economic condition of that country will be good enough. But if you think bitcoin transactions are more acceptable than banks, you can trade bitcoins and hold bitcoins.

EluguHcman

sr. member

Activity: 546

Merit: 265

Quote from: mich on May 24, 2024, 12:31:02 AM

Well, I am a Bitcoin holder so I did want to say we are not all like this. I am not anti governments and I am not anti banks. I do trust in myself for this reasons. We have to be very patient with our Bitcoin.

I do like what Bitcoin does have to offer. But I do not want to to overpower the powerful governments and the banking systems in this world.

Most definitely, when you lost trust of yourself as a Bitcoin holder definitely you would have others on suspect too but when trust yourself, you would not judge everyone based on how some bigots has been illiciting about the Bitcoin industry.

Right in the first place, Satoshi Nakamoto never projected that Bitcoin was to takeover the traditional currencies to be said that it is an anti Bank system, even at El Salvador that accepts Bitcoin as legal tender on the country, they did not scrap the rendering of their traditional currency.

Bitcoin has unique offers, its decentralization features and security facilities has been what has it the ability to perform those potentials tasks.
So it practically has not tailored to be an anti government technology.

Jaycoinz

sr. member

Activity: 476

Merit: 230

God is All

Quote

Bitcoin hodlers are normal people with different mindset, and everyone has the reason why they adopted bitcoin, if there is no trust in bitcoin enthusiasts, it means that p2p will bring more harm to the system. We have the good, bad and ugly, it is just the government that are making it look as if bitcoin enthusiasts are criminals of which we have more criminals using fiat for their illicit activities that government is even aware of but they keep don't bring it to the public.

It's really confusing because even in my country the government just see Bitcoin and Bitcoin holders as some kind of threat to their system of which is a false idealogy, Bitcoin holders are just like the regular fiat holders just that in their own case they are the ones in charge of everything that has to do with their money which is kind of a threat since the government only works when the massive are controlled and manipulated to their will and desire and it's just so good that Bitcoin doesn't have any owner if not by now they would have conditioned or sanction him in a way that Bitcoin will be terminated.

highalch

jr. member

Activity: 87

Merit: 3

Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

Trust and ideology are different.

(btw bitcoin's core feature is that you don't have to trust anyone)

mich

legendary

Activity: 3122

Merit: 1032

#1 VIP Crypto Casino

Well, I am a Bitcoin holder so I did want to say we are not all like this. I am not anti governments and I am not anti banks. I do trust in myself for this reasons. We have to be very patient with our Bitcoin.

I do like what Bitcoin does have to offer. But I do not want to to overpower the powerful governments and the banking systems in this world.

Ale88

legendary

Activity: 2576

Merit: 2880

Catalog Websites

Quote from: stadus on May 22, 2024, 04:34:38 PM

Quote from: Ale88 on May 21, 2024, 07:39:08 PM

Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

What do you mean by "trust"? That could mean many things, too many. Trust them like they are good persons? Trust them like I would invite them to my home even without knowing them? Not every single bitcoiner thinks and acts the same way: some of them are more radical and others aren't; some of them think bitcoin should be the only payment method and others are ok with fiat as well. Your question is just too broad.

Well, just because bitcoin is anti-government, its holders as well are certainly against the government? You are wrong with that. People can be trusted not because of its beliefs and perspectives, but because of its thoughts and actions, and its decision making that reflects if he can be trusted or not. And I think siding bitcoin is never wrong and is not considered against the government activity. You can be a government servant but silently investing in bitcoin, just like those big names in the government as they might be engaging in bitcoin privately.

I wouldn't even say that bitcoin is anti-government, if we talk about bitcoin in these terms it almost looks like it's something illegal or that is going to bring to some kind of revolution against the authorities. Bitcoin is simply total freedom, and you just need to trust math, not even people, who could be corrupted. Government can easily work together with bitcoin, just look at El Salvador.

Bravut

member

Activity: 224

Merit: 42

I don't see this to be useful, judging trust because someone holds Bitcoin is a turn off, and seeing holders as anti-government or against bank policies is a wrong view. Wether or not we like it we are still under the government rules, the originality of Bitcoin wasn't to go against bank policies or government but was also an alternative process for transactions. In essence we should all limit our extensions to government and bank policies.

Bitcoin was never and won't be Anti - Government.

Topic: Do you trust bitcoin holders? - page 3. (Read 1402 times)