Author

Topic: Mainstream news outlet CNBC finally understanding Bitcoin and Bitcoin Cash (Read 181 times)

legendary
Activity: 2898
Merit: 1823
But first answer my question.

If it is a coup attempt then meaning it is claiming to be the "true Bitcoin", right?

Please answer that first before we can continue the discussion. Until you say Bitcoin Cash is an attack on Bitcoin then I have nothing else to say to you.

Everyone knows Bitcoin Cash is a scam because it is claiming to be the "true Bitcoin". If they can be happy to be a centralized altcoin then we would not be having any problems.
hero member
Activity: 1106
Merit: 638
Sorry big blockers but the whole world will know that it is a scam, and it is time to realize that you are on the wrong side.

What's the scam you're referring to? None of the information you provide indicates that Bitcoin Cash is a scam. Is it that the CNBC guy claims that Bitcoin Cash is controlled by just two people? Is that it? That's not much to go on...and CNBC doesn't have a good track record of getting anything straight in the crypto currency world.

CNBC is finally getting something right and you start questioning it now? What about their interview with Roger Ver? Was that the correct information for you?

Plus, Bitcoin Cash is attacking Bitcoin by claiming that it is the "true Bitcoin", that does not sound like a scam to you? They changed the consensus rules and the protocol and forked from the main chain. It is an altcoin.

In your OP, you don't mention anything about CNBC's interview with Roger Ver. You're introducing new information. What did CNBC say about Roger and Bitcoin Cash?

So? He does claim Bitcoin Cash as the true Bitcoin, correct? Plus why are you defending him? Do you hold Bitcoin Cash?

Yes, and that claim does not mean that Bitcoin Cash is a scam. It means that Roger Ver is at best...right...and at worst...an asshole.

You're still not proving your original point, but I'm happy to keep discussing it with you. What other reasons do you have that Roger Ver or Bitcoin Cash is a scam?

Do you know what the definition of scam is? It means that the whole idea is a ploy to get people to invest money to intentionally steal it from them. If this is what you think Bitcoin Cash is...prove it. I'm waiting....we all are.
legendary
Activity: 2898
Merit: 1823
Sorry big blockers but the whole world will know that it is a scam, and it is time to realize that you are on the wrong side.

What's the scam you're referring to? None of the information you provide indicates that Bitcoin Cash is a scam. Is it that the CNBC guy claims that Bitcoin Cash is controlled by just two people? Is that it? That's not much to go on...and CNBC doesn't have a good track record of getting anything straight in the crypto currency world.

CNBC is finally getting something right and you start questioning it now? What about their interview with Roger Ver? Was that the correct information for you?

Plus, Bitcoin Cash is attacking Bitcoin by claiming that it is the "true Bitcoin", that does not sound like a scam to you? They changed the consensus rules and the protocol and forked from the main chain. It is an altcoin.

In your OP, you don't mention anything about CNBC's interview with Roger Ver. You're introducing new information. What did CNBC say about Roger and Bitcoin Cash?

So? He does claim Bitcoin Cash as the true Bitcoin, correct? Plus why are you defending him? Do you hold Bitcoin Cash?

I think people overestimate the impact of all the CNBC coverage.
The average person, who buys cryptocurrencies due to CNBC shows
is maybe investing a few hundred bucks.

No whale or institutional investor is going to make big investments
based on CNBC "infotainment". Therefore I´d argue that it is completely
irrelevant, whether CNBC actually has improved their understanding
of the reasons for Bitcoin´s success.

But at least the mainstream media are finally getting something right, and that they also know the truth.
member
Activity: 448
Merit: 10
After the price hike of bitcoin now media and govts are trying to understand the market to full
hero member
Activity: 1834
Merit: 759
I think people overestimate the impact of all the CNBC coverage.
The average person, who buys cryptocurrencies due to CNBC shows
is maybe investing a few hundred bucks.

No whale or institutional investor is going to make big investments
based on CNBC "infotainment". Therefore I´d argue that it is completely
irrelevant, whether CNBC actually has improved their understanding
of the reasons for Bitcoin´s success.

I don't think people are overestimating it. They're just used to the media being so misinformed that they're a little surprised they know about the Bitcoin - Bitcoin Cash political drama. I don't expect this to make a drastic splash at all. Bitcoin Cash shills typically feast on Bitcoin's bad press coverage while they receive little to no attention. This time, they're on the spotlight and the roles got reversed. It's just funny is all. Poetic justice at its finest.

It could be irrelevant, yes, but some who are on the fence about the entire drama may now be inclined to pick a side. It's a breath of fresh air either way.
sr. member
Activity: 658
Merit: 282
I think people overestimate the impact of all the CNBC coverage.
The average person, who buys cryptocurrencies due to CNBC shows
is maybe investing a few hundred bucks.

No whale or institutional investor is going to make big investments
based on CNBC "infotainment". Therefore I´d argue that it is completely
irrelevant, whether CNBC actually has improved their understanding
of the reasons for Bitcoin´s success.
hero member
Activity: 1106
Merit: 638
Either way, it's awesome how the mainstream media talked about how Roger Ver and Jihan Wu are controlling Bitcoin Cash lmfao. I don't think this will affect prices or whatever, but it's just fun seeing Bitcoin Cash being the one that's shit on by the media for a change.

Totally agree! Seeing this stuff talked about on CNBC is wild. And it started with just a quick "oh yeah, Bitcoin" comments as jokes and now they're having actual discussions about it and they've learned a bit about what's driving interest and adoption. It's pretty incredible.

We need 2018 to show value hold and steady but slower growth for people to have time to get used to this thing. The public needs to realize this isn't going away. Anyway, it's a great story to have a front row seat for!
hero member
Activity: 1834
Merit: 759
Sorry big blockers but the whole world will know that it is a scam, and it is time to realize that you are on the wrong side.

What's the scam you're referring to? None of the information you provide indicates that Bitcoin Cash is a scam. Is it that the CNBC guy claims that Bitcoin Cash is controlled by just two people? Is that it? That's not much to go on...and CNBC doesn't have a good track record of getting anything straight in the crypto currency world.

CNBC is finally getting something right and you start questioning it now? What about their interview with Roger Ver? Was that the correct information for you?

Plus, Bitcoin Cash is attacking Bitcoin by claiming that it is the "true Bitcoin", that does not sound like a scam to you? They changed the consensus rules and the protocol and forked from the main chain. It is an altcoin.

In your OP, you don't mention anything about CNBC's interview with Roger Ver. You're introducing new information. What did CNBC say about Roger and Bitcoin Cash?

Bitcoin Cash attacking Bitcoin is just marketing bullshit...so, no, it's not proof of a scam. It's proof that developers of Bitcoin Cash are asses, but that's it.

Changing the rules is, be definition, what a hard fork is meant to do...that's not a scam. It's a coup attempt with the intention of evolution or improvement.

He was probably exaggerating when he called Bitcoin Cash a scam. I mean, they are claiming to be the true Bitcoin, so I see how that could kinda be loosely considered a scam.

Either way, it's awesome how the mainstream media talked about how Roger Ver and Jihan Wu are controlling Bitcoin Cash lmfao. I don't think this will affect prices or whatever, but it's just fun seeing Bitcoin Cash being the one that's shit on by the media for a change.
hero member
Activity: 1106
Merit: 638
Sorry big blockers but the whole world will know that it is a scam, and it is time to realize that you are on the wrong side.

What's the scam you're referring to? None of the information you provide indicates that Bitcoin Cash is a scam. Is it that the CNBC guy claims that Bitcoin Cash is controlled by just two people? Is that it? That's not much to go on...and CNBC doesn't have a good track record of getting anything straight in the crypto currency world.

CNBC is finally getting something right and you start questioning it now? What about their interview with Roger Ver? Was that the correct information for you?

Plus, Bitcoin Cash is attacking Bitcoin by claiming that it is the "true Bitcoin", that does not sound like a scam to you? They changed the consensus rules and the protocol and forked from the main chain. It is an altcoin.

In your OP, you don't mention anything about CNBC's interview with Roger Ver. You're introducing new information. What did CNBC say about Roger and Bitcoin Cash?

Bitcoin Cash attacking Bitcoin is just marketing bullshit...so, no, it's not proof of a scam. It's proof that developers of Bitcoin Cash are asses, but that's it.

Changing the rules is, be definition, what a hard fork is meant to do...that's not a scam. It's a coup attempt with the intention of evolution or improvement.
legendary
Activity: 2898
Merit: 1823
Sorry big blockers but the whole world will know that it is a scam, and it is time to realize that you are on the wrong side.

What's the scam you're referring to? None of the information you provide indicates that Bitcoin Cash is a scam. Is it that the CNBC guy claims that Bitcoin Cash is controlled by just two people? Is that it? That's not much to go on...and CNBC doesn't have a good track record of getting anything straight in the crypto currency world.

CNBC is finally getting something right and you start questioning it now? What about their interview with Roger Ver? Was that the correct information for you?

Plus, Bitcoin Cash is attacking Bitcoin by claiming that it is the "true Bitcoin", that does not sound like a scam to you? They changed the consensus rules and the protocol and forked from the main chain. It is an altcoin.
hero member
Activity: 1106
Merit: 638
Sorry big blockers but the whole world will know that it is a scam, and it is time to realize that you are on the wrong side.

What's the scam you're referring to? None of the information you provide indicates that Bitcoin Cash is a scam. Is it that the CNBC guy claims that Bitcoin Cash is controlled by just two people? Is that it? That's not much to go on...and CNBC doesn't have a good track record of getting anything straight in the crypto currency world.
hero member
Activity: 3164
Merit: 937
I like  one of the reddit comments that says: "Bitcoin cash=Chineseminercash"  Grin
Perhaps this is all the info that the people have to know about bitcoin cash.
I`m suprised that there are people ,who still want to buy BCH and still think that centralization is a better business model.Anyway,they have the right to do so.
legendary
Activity: 2898
Merit: 1823
It will be harder for Bitcoin Cash supporters and their leaders like Roger Ver and Jihan Wu to argue out of their scam as more and more people will understand what it really is and what it is trying to do.

Sorry big blockers but the whole world will know that it is a scam, and it is time to realize that you are on the wrong side.

To CNBC, thank you for giving us a voice.

https://twitter.com/ELEProbtc/status/946433154532945920
https://www.reddit.com/r/Bitcoin/comments/7moei8/good_to_see_cnbc_getting_their_facts_straight/

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