EXPECTATION Vs. REALITY Bitcoin in the Eyes of the People! - page 8.

Argoo

sr. member

Activity: 2352

Merit: 245

Quote from: BrewMaster on September 25, 2018, 12:28:35 PM

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.

That's why the long fall of the crypto-currency market is not in all respects bad. It helps to get rid of such people who see in bitcoin and other crypto currency only the way of making money, and not the payment system, as it was originally intended. Such a state of the market will sober many. It's good in the sense that if such a prolonged fall was after bitcoin reached, say, a hundred thousand dollars in its price, the situation would be much more critical and painful for all participants of the crypto-currency market.

Siren

sr. member

Activity: 826

Merit: 265

Expectations are implanted to our mind by the old school cryptonians,tht we can hold to earn without finding the realitybiut what if this continues to drop,am i really gaining or failing

But for me i am still an old school and believe that market will always recover even how deep it was going by now.so maybe i guess more than half of people here agreed on me

Dudeperfect

hero member

Activity: 1190

Merit: 534

Bitcoin has given exponential returns since inception and hence everyone is influenced under the charisma of such performance of it in terms of investment. However, not everyone is having the broad approach and understanding the strong potential of the technology behind it. Blockchain can change the way we live today and if implemented in a proper way, those who have speculative interests in it can earn handsome profit from it. I am excited to see the change and transformation it brings to the society.

DarkBullet

member

Activity: 336

Merit: 55

Entering a business without knowledge to it or an idea how it works will be your ticket to your failure. Look at those people who just invested because of FOMO are now crying and now full of frustration to cryptocurrency that their funds just washed out in an instant when the market bleeds. We should understand and do our own research before entering or investing to cryptocurrency. One of the best practices that will to our success and will be helpful all in the future.

goldSkylark

jr. member

Activity: 126

Merit: 1

Quote from: St4yInTh3D4rk on September 17, 2018, 11:07:35 AM

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.

I get what you mean. For me, success of bitcoin is not about making a profit of an investment. Bitcoin’s success lies in its establishment as a legit, digital currency. People are putting too much energy and thought on market prices, and they’re failing to realize that crypto’s main goal is to be used as a means of exchanging goods and services. Am I right?

iamMhew

full member

Activity: 688

Merit: 101

Quote from: john1010 on September 17, 2018, 10:52:35 AM

There is no shortcut in success!! That powerful word teach me a lot of things in life..

this is true. all things has to come in a right time with hard work and effort, success didnt come without doing anything.

Quote from: john1010 on September 17, 2018, 10:52:35 AM

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..

getting more knowledge for about, you want to get involve is the most important things to do before getting thru, because if dont have knowledge about it and you only follow people who used bitcoin, you are almost at the state of spoon feeding and getting doubts when the moments bitcoins drops.

Quote from: john1010 on September 17, 2018, 10:52:35 AM

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..

newcomers only wants to get profits without knowing something about blockchain and bitcoin, so that bitcoin image becoming more horrible because of them.

bitcoindusts

sr. member

Activity: 1092

Merit: 271

Quote from: nydiacaskey01 on September 27, 2018, 06:58:20 PM

Those who are new in this forum might have been invited to check this site because they can earn here but upon looking around, they don't see a opportunity to earn easy now unlike the old days. I see in other forums Bitcointalk is being introduced like a faucet where all you have to do is come over and look around for an opportunity in the games and rounds section. Some would even ask you to go to the lending section directly to borrow money. They are totally clueless about Bitcoin.

Sad really. The forum is being treated like a faucet alone instead of an avenue to learn and earn. Truth to be told, the forum holds a lot of knowledge once can use to add sense to their crypto voyage. In fact, the forum is rich in history too as it have prints of Satoshi Nakamoto all over it. Something that we all should appreciate.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Those who are new in this forum might have been invited to check this site because they can earn here but upon looking around, they don't see a opportunity to earn easy now unlike the old days. I see in other forums Bitcointalk is being introduced like a faucet where all you have to do is come over and look around for an opportunity in the games and rounds section. Some would even ask you to go to the lending section directly to borrow money. They are totally clueless about Bitcoin.

dimastegar

sr. member

Activity: 798

Merit: 251

Small Trader

In the picture it can be concluded that people are more interested in quick profits. And I'm included in that person. I have benefited a lot from trading cryptocurrency. But to be honest, I don't really understand what Blockchain is in depth. I might only know from the outside, and don't know what's in Blockchain technology.

Sinone

member

Activity: 597

Merit: 10

You are right. Everyone wants to know when to buy and when to sell, when will price increase. Everyone loves to discuss the Crypto price but no one is interested to learn the blockchain technology! Day by day bitcoin is becoming a money earning tools to the people, nothing else. New people have already selected bitcoin as an investment, nothing else. They become happy when price grows, the feels bad when the price goes to down. So, its all about price and money. So, it is the reality but it is not our expectation.

monster2

jr. member

Activity: 448

Merit: 5

Quote from: ?? on ??

I agree with your thoughts, people who succeed in crypto are people who have understood the system in crypto in depth, so that newcomers only see their success without seeing and analyzing deeply

Yes, They dont know the importance of bitcoin blockchain or cryptocurrency.Because they are always busy for entering trading and for their earnings only.

kvipcn

member

Activity: 255

Merit: 12

This is definitely true, people who have knowledge about cryptocurrency taking advantage of people's ignorance and wrong perspective about cryptocurrency. This makes it difficult for people to really understand the crypto world and cryptocurrency. With those interested in joining bitcoin are always concerned about when they can buy or sell bitcoin which is not suppose to be so. People needs to understand the basic and the underlining idea behind bitcoin before thinking about when to buy or sell bitcoin.

walemil

full member

Activity: 448

Merit: 100

What motivated so many newbies to join cryptocurrency is the though that it would make them rich overnight. They didn't even bother to acquire any knowledge about cryptocurrency generally. This is the issue with cryptocurrency today. The enthusiasts understand the present situation but the newbies don't understand it at all.

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: St4yInTh3D4rk on September 17, 2018, 11:07:35 AM

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.

Because of trend.people thought about bitcoin as an asset or a profiteering than a currency

And i believe this is the same reason why the value is dropping now since this innocent investors have losses their trust in crypto because of the bad experiences from the dip.which brings enlightenment to mny people here,so they now know what are they entering

hadveach

full member

Activity: 448

Merit: 102

I agree with you, not only in the crypto world, but in everything. nothing short success. even a newborn baby will not be able to walk right away.

Short success is only bullshit, even Cameron and Tyler Winklevoss must hold bitcoin for 6 years to get huge profits.

patience, diligence, optimism, and discipline are the basic keys to every success.

Indrawan77

hero member

Activity: 1274

Merit: 516

Well people tend to find easy way to make money and most of the people are attempted to invest because of the profit without learning about the risk or having basic knowledge about crypto, nowadays the investors not seeing the potential anymore, they just looking for the profit, that is we keep on seeing people losing money and complain about it

Fire316

newbie

Activity: 281

Merit: 0

Expectation is very far from reality. If you have enough knowledge you will understand what is bitcoin,why it was created and what is the purpose of this. Many people has a higher expectation and sometimes it makes them dissapointed. Just know the reality of bitcoin,do learning about it to have knowledge which is very helpful to continue work and patronizing cryptocurrency like bitcoin.

TopT3ns

hero member

Activity: 2548

Merit: 572

#SWGT CERTIK Audited

Quote from: dewi91 on September 26, 2018, 05:20:20 PM

Quote from: r32godzilla on September 26, 2018, 02:25:08 AM

Most newcomers enter into the crypto world with an expectation to get rich overnight. They expect the event of bitcoin reaching new ATH of $20,000 last year again. But it was only due to the launch of bitcoin futures. Reality is that the bitcoin price is even struggling to cross $8,000 range. Expecting a high return is not wrong but, they should invest and wait on a long-term basis to reap their expected benefits.

Yes when people heard about crypto especially bitcoin, they just know about profit and expect to make big profit soon without knowing how the market work. When people enter into crypto without Understanding and knowledge they will buy bitcoin without analize before, they buy with high price and then the price go down. Finally not the profits they get but they lose their money.

That is why, us as ( i wouldn't call senior, because no rank or title in crypto world ) who already know about it, must educate people about risk before they join market. It can start from people near us like friends or someone that we know don't have any experience yet.

Gabb

full member

Activity: 392

Merit: 105

It is true that people who know how to use their knowledge and skills to devote themselves fully to the field of cryptocurrencies will find interesting opportunities to succeed in a promising future where cryptocurrencies could play an important role in the global economy, but we should not assume that only those who get a deep knowledge of blockchain technology may be the winners in this growing ecosystem.

We must remember that, deep down, cryptospace is a universe of business, investment and work opportunities for different areas, not only for technologists, so I am convinced that all the people of the world, regardless of their level of education, will always find a profitable use for cryptos and great income opportunities in this new economy as long as they choose, because the doors are open for all and not only for experts.

dewi91

full member

Activity: 490

Merit: 100

Quote from: r32godzilla on September 26, 2018, 02:25:08 AM

Most newcomers enter into the crypto world with an expectation to get rich overnight. They expect the event of bitcoin reaching new ATH of $20,000 last year again. But it was only due to the launch of bitcoin futures. Reality is that the bitcoin price is even struggling to cross $8,000 range. Expecting a high return is not wrong but, they should invest and wait on a long-term basis to reap their expected benefits.

Yes when people heard about crypto especially bitcoin, they just know about profit and expect to make big profit soon without knowing how the market work. When people enter into crypto without Understanding and knowledge they will buy bitcoin without analize before, they buy with high price and then the price go down. Finally not the profits they get but they lose their money.

Topic: EXPECTATION Vs. REALITY Bitcoin in the Eyes of the People! - page 8. (Read 19959 times)