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Topic: EXPECTATION Vs. REALITY Bitcoin in the Eyes of the People! - page 10. (Read 19909 times)

member
Activity: 462
Merit: 10
That is the point of view of the people who only seek profit, and feel thirsty for finance. Bitcoin is likened to gold being mined and sold for profit.
They will not be able to know the actual blockchain, in this case, we will learn to give a little knowledge of the amount of blockchain which has its own function.
sr. member
Activity: 1050
Merit: 269
A quite remarkable table topic there. And this is the widespread truth for many. Bitcoin is merely treated as a means of getting profit. Ask people what bitcoin really is and for sure, only a few can answer you back. And some might not even touch the course of blockchain technology.

Sad, but most people are only in for the money, yet, this is quite understandable. I just hope that along the way, people do catch up with the anatomy of bitcoin and learn to appreciate such innovative technology it brought the world. A host of honest nodes, a true peer to peer system that relies with one another for general consensus and a transparent and human tampering proof means of recording data sums up a system that the world never saw before.
legendary
Activity: 2674
Merit: 1048
I don't understand Blockchain either but have used Bitcoin to make transactions. Does that make me a sheep?

Don't lie to yourself, everyone is there for money.
Just confident, some people who first enter cryptocurrency world the first factor they know is money or profit. But after that they learned bitcoin gradually, and finally they will know and learn more about blockchain.

I have read many articles about 'how to start investing' and most of the introduction of the article always gives a statement 'recognize the investment place that you choose', I think that were something that must be done by everyone.

Expect you will continue to be guided by a shepherd.
hero member
Activity: 2086
Merit: 562
I don't understand Blockchain either but have used Bitcoin to make transactions. Does that make me a sheep?

Don't lie to yourself, everyone is there for money.

Yes you are correct, we cannot deny the fact that all of us riding and using bitcoin is just to gain good profit, but in the long term, understanding it will establish  our good trading skills. And it will help us to take an advantage for this present market situation.
hero member
Activity: 2520
Merit: 952
I don't understand Blockchain either but have used Bitcoin to make transactions. Does that make me a sheep?

Don't lie to yourself, everyone is there for money.
jr. member
Activity: 210
Merit: 1
If anyone has joined up Crypto market just recently, it is EASY to panic and believe that this is the END. However, people who have followed and stayed in the market for last few years, it is EASY for them NOT to panic since this is a very COMMON scenario that we see with the market.

So, I personally see Bitcoin having GREAT future and for beginners, check out Bitcoin forecast, it should be enough to give you confidence.

member
Activity: 322
Merit: 20
Donating 10% to charity
It's a pretty valid point of view. However, people shouldn't be judged only because they have different point of views.

I personally agree with the ideals of Bitcoin when it started. But trying to look people down only because they came after kind of reminds me the merit system implemented within the forums.

The more variety that comes into Bitcoin, the wide audience reach it has. Everybody can decide what to do with their own life, especially if it's not really wrong to do so. This have been given to interpretations but we all have an idea about what is not open to interpretations when talking about good or wrong.

In fact, embracing it could be an important step for the community. Since it wouldn't scare people out and the investors and holders could in fact grow quicker - That is exactly what Bitcoin needs.

There is always ideals on one side and profits on another. Why not doing and/or accepting both?
hero member
Activity: 1493
Merit: 763
Life is a taxable event
There is no shortcut in success!!  That powerful word teach me a lot of things in life..

Umm, bit strange statement considering that Bitcoin broke into the mainstream attention as a posterboy for "Shortcut to success". We've all seen those headlines about accidental millionaires - people who got in early, often without fully realising what Bitcoin is.

It's safe to say that vast majority of crypto-holders are here to 'get-rich-quick'. It's just the way it is and we all benefit from that.




See the problem here is that the people who invest don't have to remain ignorant about bitcoin.

There's even a course on Khan Academy.

People are just lazy, how many of us would have truly learned math if not forced to in school?

Reading even?

Understanding how bitcoin works is a bit of a skill-set and if you truly become a bitcoin expert your value in the community goes up and the value of the community also goes up.

I think most reasonable people always talk about the risks of investing money into bitcoin, but I also make sure to make the point that a time investment into it can be just as valuable for the future and the only cost of that is time and effort.

The lack of a line behind understanding in this cartoon (although a total hyperbole (which is probably the point of the cartoon)) is the problem, not the line of idiots who throw money at bitcoin.

sr. member
Activity: 728
Merit: 254
The picture answered it all, those join Crypto now, don't want to learn anything about blockchain and how it works, all they are in for is the money. The fact is that you actually make good when you know about the entire concept.
Anyway I don't blame them, must of these new comers are working based on the orientation they got from those that introduced them to Crypto
legendary
Activity: 2436
Merit: 1561
There is no shortcut in success!!  That powerful word teach me a lot of things in life..

Umm, bit strange statement considering that Bitcoin broke into the mainstream attention as a posterboy for "Shortcut to success". We've all seen those headlines about accidental millionaires - people who got in early, often without fully realising what Bitcoin is.

It's safe to say that vast majority of crypto-holders are here to 'get-rich-quick'. It's just the way it is and we all benefit from that.


jr. member
Activity: 482
Merit: 3
There is no shortcut in success!!  That powerful word teach me a lot of things in life..

The success of Bitcoin brings good fortune for every people around the world who are using it since when it was started, because they've study a lot the foundation of this coin, from day 1 up to this present day..

Behind the success of all the people who've understand Bitcoin is a contrary with the present situation of every new comers in this so called "Crypto World" because those people who posses the knowledge about cryptocurrency taking advantage of people's ignorance and wrong perspective about cryptocurrency..

Well, I'm not a good writer but I just want you to think, think and think before you enter this world called "CRYPTO."



 


As funny as the image is, it depicts the exact nature of all crypto investors. All what most are interested in is when to buy and when to sell. Very little people are actually interested in learning the basic concepts of the blockchain technology. It's high time people got serious about it and equipment to themselves with the right knowledge.
legendary
Activity: 2114
Merit: 1292
There is trouble abrewing
well at some point people started advertising bitcoin as "to the moon", "HODL", and stuff like that and then price went up too fast and too big like it usually does so we ended up with a large number of people who were only interested in making profit (when to buy and when to sell).
i don't think it is necessarily a bad thing. people who started like that can eventually see the real potential of bitcoin as the decentralized currency and see the other side of the coin to.
hero member
Activity: 2086
Merit: 562
We cannot blame 100% the investors, because nowadays all of this ICO/MN-POS project are rampant with a promise of good profit, we cannot deny the fact that some of the people specially the new one were hyped by these type of promises, hyped by good whitepaper, good website design, and also some of this projects are using some prominent personality to convince the investors, now my advice is, everyone should do their assignment to double check, make a well and depth research about every projects.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
People think that the bitcoin is an investment over the decentralized currency so it a major problem for the future of bitcoin and the blockchain but still we are at the beginning they will understand why we need decentralized crypto currency for that we also need to help the people to learn about the crypto currencies.
hero member
Activity: 2086
Merit: 562
There is no shortcut in success!!  That powerful word teach me a lot of things in life..

The success of Bitcoin brings good fortune for every people around the world who are using it since when it was started, because they've study a lot the foundation of this coin, from day 1 up to this present day..

Behind the success of all the people who've understand Bitcoin is a contrary with the present situation of every new comers in this so called "Crypto World" because those people who posses the knowledge about cryptocurrency taking advantage of people's ignorance and wrong perspective about cryptocurrency..

Well, I'm not a good writer but I just want you to think, think and think before you enter this world called "CRYPTO."



 
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