How Average Joe Thinks about Bitcoin and Altcoins - page 2.

MMXIV

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Quote from: rikkejohn on September 01, 2014, 05:48:11 PM

Quote from: MMXIV on September 01, 2014, 05:29:44 PM

This has to be the most stupid thread I've ever read in my life

People said the same when BTC hit $10, then $50, then $100, then $200, then $500, then $750, then $1000, then $1400

Don't like Bitcoin? Good, don't accept it. More market share percentage for me

Market share of something the market does not want?

That's not really a plus.

Plenty of people want Bitcoin. It's not that hard to cherrypick 5 quotes to fill an obviously troll agenda

ruletheworld

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Quote from: noelmal on September 01, 2014, 05:44:04 PM

Quote from: MMXIV on September 01, 2014, 05:29:44 PM

People said the same when BTC hit $10, then $50, then $100, then $200, then $500, then $750, then $1000, then $1400

Yes and 99% of holders only buy into Bitcoin because it went $50, then $100, the $200, then $750, then $1000, then $1400

True, and that needs to change. People need to see real value in using Bitcoin, not just as a better version of PayPal. Maybe the first fully autonomous robots will only interact with our financial world through Bitcoin, and then there will be value beyond what it is now!

rikkejohn

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Quote from: MMXIV on September 01, 2014, 05:29:44 PM

This has to be the most stupid thread I've ever read in my life

People said the same when BTC hit $10, then $50, then $100, then $200, then $500, then $750, then $1000, then $1400

Don't like Bitcoin? Good, don't accept it. More market share percentage for me

Market share of something the market does not want?

That's not really a plus.

canth

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Activity: 1442

Merit: 1001

Quote from: noelmal on September 01, 2014, 05:44:04 PM

Quote from: MMXIV on September 01, 2014, 05:29:44 PM

People said the same when BTC hit $10, then $50, then $100, then $200, then $500, then $750, then $1000, then $1400

Yes and 99% of holders only buy into Bitcoin because it went $50, then $100, the $200, then $750, then $1000, then $1400

Then they got lucky that there's more underlying promise in Bitcoin than there was in Beanies or tulips. Lucky investments can still be good ones.

noelmal

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Activity: 265

Merit: 250

Quote from: MMXIV on September 01, 2014, 05:29:44 PM

People said the same when BTC hit $10, then $50, then $100, then $200, then $500, then $750, then $1000, then $1400

Yes and 99% of holders only buy into Bitcoin because it went $50, then $100, the $200, then $750, then $1000, then $1400

MMXIV

full member

Activity: 252

Merit: 120

This has to be the most stupid thread I've ever read in my life

People said the same when BTC hit $10, then $50, then $100, then $200, then $500, then $750, then $1000, then $1400

Don't like Bitcoin? Good, don't accept it. More market share percentage for me

bonipper

sr. member

Activity: 246

Merit: 250

The average Joe probably does not know altcoins exist.

canth

legendary

Activity: 1442

Merit: 1001

And this is how the Today Show perceived the internet in 1994:

https://www.youtube.com/watch?v=JUs7iG1mNjI

Is it possible that Bitcoin and all P2P distributed token systems will end up staying niche? Yes. However, just ask Argentinians how many more collapses they are willing to accept before they adopt something better. Maybe it'll take a generation or more, but I don't see distributed/antifragile systems staying niche, even if the average populace doesn't give a crap about it today.

From Above

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just read this article: http://www.cbc.ca/news/business/salaries-paid-in-bitcoin-a-growing-trend-in-canada-1.2752441

then switched over to the comments, let me summarize em here.

The_Voice:
"The solution is simple: Just don't work for any company that wants to use "bitcoin" to escape its financial obligations to pay an employee in real dollars."

Noharass
"When Bitcoin goes bust, I hope the Canadian government does not bail these people out of their financial mess."

booyakasha
"These people will end up broke one day and will be on here crying about the rest of us needing to pay more taxes to support their social welfare programs."

Jordan
"I wouldn;t do anything more than virtual work for such virtual money..."

nexxtep54
"Any savvy techie with the proper software and code can make his own coin and steal yours. No thanks."

Abdul Rahman Hussein
"why take bitcoin? bitcoins are shit, in my opinion.
It is based on the what people believe on it value and it is electronic.
which means that when blackout or hacker can wipe your wallet clean. The chance of that happen is more likely, than hyperinflation or economic collapse. Also Canadian dollar are backed up by gold reserve and protect by the government as a legal tender. Bitcoin has none.Also , big bank spend huge loads on internet security and bitcoin has none."

norain
"Dont go boo hooing to the goverment when you wake up with a empty screen one day. You have to be crazy to accept this rubbish. Like any ponzi scam it will come down. You wait some hacker is working on this as we speak. Your going to be sorry for messing with this junk and thats what you own is junk. what a waste of hard work. It really should be named bite coin because thats what its going to do bite you !"

sachmo
"Bitcoin started by an unknown in 2009 and people are buying into it. I think there is going to be a lot people either very broke or very disappointed in the end. Someone is making money here and it probably isn't the average Joe."

.... sums up how 'Average Joe' thinks... and why Bitcoin (and even worse Altcoins) never truly went to mainstream acceptance within 5 years and most likely never ever will

~CfA~

Topic: How Average Joe Thinks about Bitcoin and Altcoins - page 2. (Read 1857 times)