Topic: Newbies should understand how bitcoin works before reading mainstream media (Read 521 times)
November 13, 2024, 04:23:06 PM
People should start learning first the basics and the very nature of bitcoin and its crypto market. And that will only be possible if they take some time learning and understanding the forum. After that, if they already understand the overview of bitcoin and how it possibly works in the market, it’s flaws and advantages, hence any articles outside this forum will never be effective that much. I mean those first learnings will only be added, not being changed.
November 13, 2024, 10:42:05 AM
Well the why we are all here is to learn about Bitcoin so if any newbie is going to other sites to get information about Bitcoin well is left for the person because I believe there are a lot of information here than we can ever imagine as regards to Bitcoin , although is good to make research to facilitate our learning process
November 12, 2024, 12:56:27 PM
but what is left now is ”can BTC hit $100k this year?”
It can happen, two weeks ago i didn't think it was possible, but now that bitcoin price has been rising in the past few days, right now it is above $85k, so $100k seems like a strong possibility this year. That being said, i think we are poised to go well above $100k, quite a lot of people have been focused on that price, but with how things are looking, we could get double of that, who knows.
November 11, 2024, 02:02:35 PM
but what is left now is ”can BTC hit $100k this year?”
It can happen, two weeks ago i didn't think it was possible, but now that bitcoin price has been rising in the past few days, right now it is above $85k, so $100k seems like a strong possibility this year. That being said, i think we are poised to go well above $100k, quite a lot of people have been focused on that price, but with how things are looking, we could get double of that, who knows. 
November 11, 2024, 12:55:56 PM
However, their opinions are also generalized, everyone is aware of how bitcoin price works, and they could say anything like it'll hit 100k... Since they'll be nothing favorable to learn on the main media blogs it would be better for newbies to read resources here and be well grounded on Bitcoin before going further to research on sites that only focus on how politics would skyrocket bitcoin price.
Trumph success has affected the price up Bitcoin in positive way, I never expected this huge pump within short period of time, and this means that people that predicted such are right, but what is left now is ”can BTC hit $100k this year?”For newbies, trade with caution, and if you have the opportunity, invest in Bitcoin, you will surely profit from it in the future.
November 11, 2024, 12:48:51 PM
Thanks for your insightful meaningful post. It will really be if a help to them. But not only buying bitcoin should be the main thing,also enlight them on how to protect their account from frivolous stuff and hackers which will help them in gaining more knowledge.
Basic knowledge about bitcoin is what's important to any newbie before they can start their investment; that knowledge includes knowing about the best wallet to use as storage.Knowing exactly what's Bitcoin and what is Altcoin and how to protect their wallet, everything else is just preparing the person on when is the right time to buy and when not to buy and how to make profit with the available information they have in their possession.
November 11, 2024, 11:04:33 AM
Mainstream media have been criticising bitcoin since a long time and people have been following these media channels blindly.
We have seen how bitcoin price was being affected when media channels used to spread negative news about bitcoin.
Now that some mainstream media are promoting bitcoin for free, we shouldn't worry about it and let the positive vibes pump bitcoin price.
We have seen how bitcoin price was being affected when media channels used to spread negative news about bitcoin.
Now that some mainstream media are promoting bitcoin for free, we shouldn't worry about it and let the positive vibes pump bitcoin price.
November 11, 2024, 05:05:11 AM
However, their opinions are also generalized, everyone is aware of how bitcoin price works, and they could say anything like it'll hit 100k... Since they'll be nothing favorable to learn on the main media blogs it would be better for newbies to read resources here and be well grounded on Bitcoin before going further to research on sites that only focus on how politics would skyrocket bitcoin price.
Discussions on this forum are informative and comprehensive. This means this forum is a good place to gather information about Bitcoin and the entire crypto market. But other platforms give out sound information to anyone interested. Newbies should read from different reliable platforms to enable them to verify the information they are been exposed to. Thanks for your insightful meaningful post. It will really be if a help to them. But not only buying bitcoin should be the main thing,also enlight them on how to protect their account from frivolous stuff and hackers which will help them in gaining more knowledge.
Buying Bitcoin shouldn't be the first thing a newbie should learn. He has to learn how the Bitcoin system works, wallet use, and security, before considering buying. Without this foundational knowledge, a newbie could lose his investment. 
November 11, 2024, 12:10:43 AM
The last post I read on Forbes was about trump and how his victory would pump the price of Bitcoin to 70k or 80k. These writers don't have deep rooted knowledge of Bitcoin other than to push naive investors to throw in money into Bitcoin without any proper background information.
I guess they where right afterall, bitcoin price has shown a great push after Trump's win. Sometimes people may not have a deep rooted knowledge about bitcoin but there instinct are right though. Bitcoin growth is not certain and can't be predicted correctly since it works on demand and supply. Speculation is one factor of bitcoin rise/fall. In which ever way the forbes push investors to buy bitcoin, it is also a way of increasing the growth of bitcoin. For me I prefer anything that drives people to adopt bitcoin than anything that will deprive people not to adopt bitcoin. But I don't like the aspect of pushing naive investors with Zero knowledge to buy bitcoin when they don't know the sole purpose of investment Since they'll be nothing favorable to learn on the main media blogs it would be better for newbies to read resources here and be well grounded on Bitcoin before going further to research on sites that only focus on how politics would skyrocket bitcoin price.
You can't proclaim that there is nothing favourable in the media, Despite BTT forum is the best place to learn about bitcoin. There are also important information in the media that helps alot of people. As a matter of fact some information gotten from the media are used here. so all works side by side for the betterment of bitcoin even though some may not be totally true. November 10, 2024, 04:36:23 PM
Thanks for your insightful meaningful post. It will really be if a help to them. But not only buying bitcoin should be the main thing,also enlight them on how to protect their account from frivolous stuff and hackers which will help them in gaining more knowledge.
November 09, 2024, 07:01:03 PM
I don't get it why someone will listen to something that's completely the opposite of what the industry stands for.
They listen to all the crap that the media says because they don't know anything about the industry yet, so whatever they hear is the first batch of information about the industry for them, and unfortunately, that information is about 99% negative because mainstream media isn't or never was in favor of Bitcoin and cryptocurrencies proceeding to become a part of people's daily lives because all these media outlets and news channels, etc. are owned by the same people who are owning centralized financial institutions.
Even if there is so much knowledge and information available about Bitcoin, we will still have people who would somehow get misguided by someone out there who is against the whole innovation and technology and wants to live their entire life being a slave of the centralized institutions sucking all the blood out of them in the form of fees and whatnot.
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November 09, 2024, 04:55:31 PM
The gullible people are those who don't understand how Fundamentals work for crypto, so the mainstream media is influencing millions of people with news they make up themselves.
Sadly we can't get rid of gullible people in the industry because we'll always have them provided the entire world isn't fully educated on Bitcoin yet. Every bull market comes with it's own set of gullible users as people come into the market with hopes of making quick x returns as speculated by the big media.
The media knows there is always going to be people that listen to them although I don't get it why someone will listen to something that's completely the opposite of what the industry stands for.
Before investing in Bitcoin, we should be aware that the industry is decentralized and go against anything centralized therefore we shouldn't be getting our information from centralized sources but decentralized and those shared by community like the forum so every information can be verified by others and we don't get misinformed.
November 08, 2024, 07:13:20 PM
I give you two articles,
This Stock Made 5000% Profit In A Week!
How Do You Create A Bitcoin Wallet?
Which one are you more likely to click? Obviously, people want to know the fastest way to success and clickbait is a thing. So is gathering as much interest as possible of the people to click one article a writer is typing because this is what their job means after all. Forbes would never write heavily detailed educational articles on how Bitcoin works. Maybe an article or two about Bitcoin, what a Wallet is et cetera, but not explicative and definitely not tutorials.
And then, if somebody is interested in Bitcoin, Forbes is not the place to seek more information. This is available for most of the Investments or even hobbies. You do not learn how to launch a business from Forbes, you have other websites offering the proper guides for that. While the information could be even closer to the tip of our fingers, it is extremely close already in my opinion and there is no point in getting it even closer than that.
This Stock Made 5000% Profit In A Week!
How Do You Create A Bitcoin Wallet?
Which one are you more likely to click? Obviously, people want to know the fastest way to success and clickbait is a thing. So is gathering as much interest as possible of the people to click one article a writer is typing because this is what their job means after all. Forbes would never write heavily detailed educational articles on how Bitcoin works. Maybe an article or two about Bitcoin, what a Wallet is et cetera, but not explicative and definitely not tutorials.
And then, if somebody is interested in Bitcoin, Forbes is not the place to seek more information. This is available for most of the Investments or even hobbies. You do not learn how to launch a business from Forbes, you have other websites offering the proper guides for that. While the information could be even closer to the tip of our fingers, it is extremely close already in my opinion and there is no point in getting it even closer than that.
November 08, 2024, 03:05:04 PM
There are writers that are much like those social media influencers where they post or write something like that to make other people believe what they write or post. If you ask me it is the same as someone teaching bitcoin to other person the wrong information or details which leads to knowing a false information. It is the most important thing for a newbie to do when starting in cryptocurrency such as reading more about bitcoin and making sure that the information is from the right source.
I've times without number advised newbies to always try as much as possible to filter where they pick information regarding learning the cryptocurrency generally. It's not every blog site you see out there that gives you the true information you require about how these crypto technology or markets operates.
Some of these blogs are writing articles and placing keywords that will give huge traffics to their sites and make them gain popularity by ranking good in the ranking sites and search engines but really pushing out the most reliable information out there. I'm not saying that's how all of the blogs operate but I can tell you that majority of these platforms are only out there to make their money like the social media influencers.
The best way to get information about crypto related problems and trends is by joining forums like this and communities where you can interact with the real and experienced individuals and share your peculiar problems to them for solutions.
November 08, 2024, 11:59:37 AM
Over the years, mainstream sites like Forbes, rarely share information regarding the development of Bitcoin or how it works. Most often these sites only publish information on bitcoin price only. The last post I read on Forbes was about trump and how his victory would pump the price of Bitcoin to 70k or 80k. These writers don't have deep rooted knowledge of Bitcoin other than to push naive investors to throw in money into Bitcoin without any proper background information.
You can’t blame the mainstream media entirely for what they show us about bitcoin. They are limitations to what they can post about bitcoin before they’re been penalized for advertising another currency which government is seeing as competition against their fiat currency. There are many websites that talks about bitcoin but you can’t get everything you need in detail there and what you get from there cannot be sufficient enough for you to say you’re a bitcoin guru and knows everything about bitcoin. The bitcoin market is very wide and the technicalities involved in it cannot be thought on those websites and hence, for a forum like this where you get to ask questions about the whole mechanism of it and get the answers to your questions. The forum is a book of knowledge on its own, you can learn everything you ever wish to know about bitcoin from here and be satisfactory.
November 08, 2024, 11:55:24 AM
-snip-
Most people in the world already know this about mainstream media. Unfortunately the idiots of the world are too easy to trick, because they have no ability to form their own opinions.
The mainstream media is full of speculation and manipulation, They set it up according to the wishes of the government and those who have the money. Most people in the world already know this about mainstream media. Unfortunately the idiots of the world are too easy to trick, because they have no ability to form their own opinions.
The gullible people are those who don't understand how Fundamentals work for crypto, so the mainstream media is influencing millions of people with news they make up themselves.
But people who are aware that the mainstream media is just a bunch of junk articles, will only give their opinion on the news that appears, whether it matches the facts and data or not.
November 08, 2024, 10:24:33 AM
Over the years, mainstream sites like Forbes, rarely share information regarding the development of Bitcoin or how it works. Most often these sites only publish information on bitcoin price only. The last post I read on Forbes was about trump and how his victory would pump the price of Bitcoin to 70k or 80k. These writers don't have deep rooted knowledge of Bitcoin other than to push naive investors to throw in money into Bitcoin without any proper background information.
However, their opinions are also generalized, everyone is aware of how bitcoin price works, and they could say anything like it'll hit 100k... Since they'll be nothing favorable to learn on the main media blogs it would be better for newbies to read resources here and be well grounded on Bitcoin before going further to research on sites that only focus on how politics would skyrocket bitcoin price.
However, their opinions are also generalized, everyone is aware of how bitcoin price works, and they could say anything like it'll hit 100k... Since they'll be nothing favorable to learn on the main media blogs it would be better for newbies to read resources here and be well grounded on Bitcoin before going further to research on sites that only focus on how politics would skyrocket bitcoin price.
I would say it is better to ignore mainstream media and not watch it at all. Obviously they are very biased and work together towards their own agenda. And if Bitcoin happens to not be on said agenda, they will either not report or throw dirt on it.
Most people in the world already know this about mainstream media. Unfortunately the idiots of the world are too easy to trick, because they have no ability to form their own opinions.
November 08, 2024, 10:06:50 AM
There is a lot of useful information in the media regarding bitcoin. Examples of such places have already been shared by other members, but the question is, how recommended are they? Do they like Bitcoin price news without even searching for it? Sometimes each time you open your browser, you see suggestions about trending news, and once it's about crypto, it will be about a possible price pump or what could lead to a price dump. Most of this pop-up news is based on how much interest people have shown in that particular kind of news.
So unless some newbies are being pointed in that direction or they do their own deep research, they might not come across information about bitcoin wallet safety and guidance in this forum. Sometimes some of them only come to know about it when they are searching for solutions to a problem they are already into.
So unless some newbies are being pointed in that direction or they do their own deep research, they might not come across information about bitcoin wallet safety and guidance in this forum. Sometimes some of them only come to know about it when they are searching for solutions to a problem they are already into.
November 08, 2024, 08:23:28 AM
Popular adoption is through mainstream media instead of the other way around of first understanding what Bitcoin is and how it works, but honestly, people are successful in convincing others to invest in Bitcoin because of the profit instead of the benefit of the technology behind it, and mainstream media is good at it, and we people are attracted to what will yield us profit because of our nature of taking risk in exchange for profit.
Going mainstream is better but without it, Bitcoin has been already growing up very well since 2009. So we can hope for future with "Bitcoin goes mainstream" but even it won't come too early, it's not nightmare for Bitcoin and us. Bitcoin will continue its growth, and remember that since 2009, its adoption growth is out of all expectations.The first ever thing can revolutionize societies and grow up very exponentially. Only like 8 years ago, it was hard to believe that Bitcoin can be trade around $80,000. It used to be big hope and dream for many people but only 8 years later, we all touch that dream.
November 07, 2024, 01:31:42 PM
Over the years, mainstream sites like Forbes, rarely share information regarding the development of Bitcoin or how it works. Most often these sites only publish information on bitcoin price only. The last post I read on Forbes was about trump and how his victory would pump the price of Bitcoin to 70k or 80k. These writers don't have deep rooted knowledge of Bitcoin other than to push naive investors to throw in money into Bitcoin without any proper background information.
Popular adoption is through mainstream media instead of the other way around of first understanding what Bitcoin is and how it works, but honestly, people are successful in convincing others to invest in Bitcoin because of the profit instead of the benefit of the technology behind it, and mainstream media is good at it, and we people are attracted to what will yield us profit because of our nature of taking risk in exchange for profit.
As we move on our knowledge about trading and profit, we have to understand the technology behind it, or we will fail Satoshi on his vision.
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