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Topic: No Alternative to Bitcoin, Your Alternative is Bitcoin. - page 3. (Read 834 times)

copper member
Activity: 2156
Merit: 536
Building my own Dreams!
No need of such a long definition in order to make someone understand how important Bitcoins are . You can simply quote him the awesome features and freedom he can get if he/she uses Bitcoins. Unlike banks, Bitcoins doesn’t restrict complete access of the money, also due to the decentralised nature of Bitcoins, you can always stay anonymous and you need not have to pay unnecessary taxes. Right now Bitcoins are at a great price to be bought. So without any further delay buy as many Bitcoins as you can before the price boosts up.
hero member
Activity: 2254
Merit: 658
Revolutionized copy gaming platform
No matter how many FUDs are there after every good or positive news, Bitcoin is here to stay for a very long time. 12 years and counting and it's still very young as there are still many people around the world who aren't aware about Bitcoin or just simply being bombarded by fake news, ponzi schemes, etc.

We just have to keep educating the uninformed and misinformed. Continuous and consistent awareness and adoption is all we need. Just like what Captain America of the Avengers Endgame said, "Whatever it takes".
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
That is correct. They tend to judge something new with negative thoughts and do not see it as a new way that will change their lives. If they hear bitcoin news, they should look for news relevant to bitcoin so they can get the truth.

It just requires more research on the subject and if bitcoin is going to give them something better, they shouldn't be shutting down but can be looking for more info instead.
Human being has this reluctance to adopt new ideas and new technology especially when they are not part of the team or the community that introduced the change.
In the case of Bitcoin,  many people who predicted that bitcoin will fail before by now don't want to hide in shame rather they are fighting and insuring that bitcoin still  fail according to their predictions years ago.

Even within the Bitcoiners, there is always this FUD raised when some of the high investors must have sold at a certain price but bitcoin did not obey them, but continue to go higher they will try to raise information that will create panic to give them another chance to enter the market.
So anyone that understand the fundamentals of Bitcoin will not shake for any reason but will continue to accumulate as much bitcoin as they could
Most people will not easily accept something new and it may take longer to accept it as a new way of life. It's just about how they can open up when they see something new introduced and try to find out more. If something new is better for them, they can move on; if not, they don't have to use it.

And regarding bitcoin, it's natural that many of them say that bitcoin will fail. Bitcoin is not suitable for real life and others because maybe they haven't seen the potential that bitcoin can provide. And that makes them tend to ignore the existence of bitcoin until the bitcoin price can hit $20k and only then do they realize it and want to get deeper into bitcoin.
legendary
Activity: 2240
Merit: 3002
People are hesitating because that's what they hear from other people. Those who have never seen a logarithmic rainbow chart in their life and still say "Bitcoin will go to zero because of XYZ" surprisingly have a lot of people who believe them, probably because those people can't be bothered to do any research today to avoid "If only I invested in 2022" feelings later.

This is exactly right.  The absolute vast majority, probably somewhere around 95% of people who say this, don't understand cryptography, don't understand tokens/coins/blockchains/hash rates etc etc etc.  Look at how many followers Roger Ver and Craig Wright have, both a joke, but full of shit, both pushing utter bull shit agendas yet have a very sizable community.  This is all the proof you need to see how dumb people are and why there are as many as there are that believe in alternative bs.  I mean look at how many people who thought bitconnect was actually legit lol.
copper member
Activity: 1988
Merit: 905
Part of AOBT - English Translator to Indonesia
but sooner or later the bitcoin will gain its people. we can already see the grow from its creation and the trend is already have significantly increse
legendary
Activity: 2688
Merit: 1208
Once a man, twice a child!
In real life, there's always an alternative to whatever there's. This is why there're always two sides to a coin or when people say everything that has an advantage must also have a disadvantage. Sorry to burst your bubbles OP, there're alternatives to Bitcoin. I ain't even referring to fiat alone here but other cryptos. These other items equip us to be able to peg the value of Bitcoin to something. Without these alternatives Bitcoin wouldn't be with a value. We've to factor in that while hyping Bitcoin.
hero member
Activity: 1498
Merit: 702
I think if any Bitcoin or Crypto-currency enthusiast has to seek approval from the government before they believe in crypto-currency or Bitcoin then they have a lot to learn. I have this mentality that Crypto-currency is decentralized and I am not compromising those thoughts.

If we are to go by with your three criteria then we should also look into the government that sanctions Crypto-currency and have either bans or restrictions placed on it, I don't think the government would completely support crypto-currency and I am not expecting that.
legendary
Activity: 3094
Merit: 1385
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Op mentions the UK and the USA seemingly as examples of adoption, and while it's technically right, I wouldn't say that these countries are fully crypto-friendly. In the US, they're going to research  Bitcoin's environmental impact, and cryptos are assets, so selling them requires paying a sales tax. In the UK, crypto ATMs were deemed illegal by the financial regulator in March of 2022.
Also, while the op says that there's no limitation to widespread Bitcoin adoption, there are limitations, such the Internet access and owning a PC or a smartphone, but also the limit of how many transactions the Bitcoin network can handle.
I am pro-Bitcoin, but let's not sugarcoat the situation.
legendary
Activity: 1092
Merit: 1024
Hello Leo! You can still win.
That is correct. They tend to judge something new with negative thoughts and do not see it as a new way that will change their lives. If they hear bitcoin news, they should look for news relevant to bitcoin so they can get the truth.

It just requires more research on the subject and if bitcoin is going to give them something better, they shouldn't be shutting down but can be looking for more info instead.
Human being has this reluctance to adopt new ideas and new technology especially when they are not part of the team or the community that introduced the change.
In the case of Bitcoin,  many people who predicted that bitcoin will fail before by now don't want to hide in shame rather they are fighting and insuring that bitcoin still  fail according to their predictions years ago.

Even within the Bitcoiners, there is always this FUD raised when some of the high investors must have sold at a certain price but bitcoin did not obey them, but continue to go higher they will try to raise information that will create panic to give them another chance to enter the market.
So anyone that understand the fundamentals of Bitcoin will not shake for any reason but will continue to accumulate as much bitcoin as they could
full member
Activity: 1834
Merit: 166
People are hesitating because that's what they hear from other people. Those who have never seen a logarithmic rainbow chart in their life and still say "Bitcoin will go to zero because of XYZ" surprisingly have a lot of people who believe them, probably because those people can't be bothered to do any research today to avoid "If only I invested in 2022" feelings later.
If your investment decision are influenced by anyone else then you should not make any investment at all because you don't want to make your way and just put your savings based on someone else influence and this is how whales and influential people take advantage of these people to manipulate them and make them beleive btc is going to zero and all that nonsense things.But they need to realise that it has lot of potential to grow and give returns to them even if they don't understand the charts holding will pay them off in the long run.
copper member
Activity: 2744
Merit: 1250
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I think as long as you are trying to HODL more BTC, it would be okay since it is the current alternative with the situation that we have now. The fiat money supply is getting overloaded and we really need that scarcity in order to have more value with our money or else it will just depreciate and wouldn't help us at all in the future. It will just incur losses.
hero member
Activity: 2870
Merit: 612

They are still reasons to buy BTC now and keep it for a long time because of the news and adoption of BTC. Bank of America, UK officials, and institutions adopting BTC are always a positive reference to jump on the bandwagon.

BTC though is not just the alternative, there are more down the rank. Holding them while they are cheap is still a great alternative, you never know what crazy development the altcoins could have in the future.
legendary
Activity: 2954
Merit: 2145
Those are very weak reason for buying Bitcoin, just your typical "good news". Decision to invest or not should be based on strong long term fundamentals. If you believe that Bitcoin will be more popular, that more people will use it, that people who already use will use it more often, then you should buy it. If you aren't sure about it, than do more research. Because what you are describing is just an impulse buy based on weak news.
hero member
Activity: 1512
Merit: 768
Because they do not know and do not understand Bitcoin so they are still hesitant. People who still have doubts about Bitcoin will one day be at the forefront of the Bitcoin campaign. I am very sure of that.
Those who already know how easy and sophisticated the Bitcoin transaction system is, while the country where they live prohibits crypto-related activities, they will continue to try to find loopholes to be able to use it.

#stopFUD
Defend Bitcoin and its PoW
hero member
Activity: 2408
Merit: 693
Undeads.com - P2E Runner Game
Plus people always entertain fear in something they have little or zero knowledge of. Despite how far btc has come and the huge achievement it has gained since 2009, some people are still in doubt and hesitant because they feel more secure with fiat than btc.  Only those who managed to ignore their fears will eventually realize that btc gives way more advantages than the fiat they cling on to.
   
legendary
Activity: 3122
Merit: 1398
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Why still hesitating about bitcoin when others were jubilating for it adoption in making difference, i have three facts to make you change your decision and start investing with this period while it is still on the bear mode just for you to set in for an opportunity.

Even if people will learn these 3 shared facts from you, the hesitation will still be there as long as, obviously, they are not really interested involving in bitcoin or in crypto in general yet. For us experienced ones, we understand that today's market trend is the best opportunity to accumulate more but even with how positive we are, we can't force others to do the same just quickly.

For me, just let them hesitate. Just let them miss the "opportunity". Just let them ignore bitcoin or what. Just let others think negatively. That's their own will and we should stay away from that. If we want to spread knowledge about crypto, then just do it. Once the interest of other people is now there, they will do the research on their own.
legendary
Activity: 2520
Merit: 1490
Now, while the bearish trend persists, it's time for those who doubt and expect to enter bitcoin, but as experience shows, everyone realizes this after the fact with the arrival of bullrun. In the end, everyone wants to have bitcoin, coming into it from tokens or through shitcoins, so yes bitcoin is the ultimate goal.
member
Activity: 1204
Merit: 49
Binance #Smart World Global Token


Despite the current dip of the crypto market, its adoption by many organizations is actually increasing and yes even banks or platforms related and supported by banks are now looking at ways they can do business with Bitcoin. We should not let the fog now affecting the whole market be blinding us to the big potential of cryptocurrency most especially Bitcoin and other big alts. The market situation we are in is very temporary...soon we can hear that BTC has been jumping from one zone to another and those who continue to doubt will certainly be shocked.
legendary
Activity: 3444
Merit: 10558
The reasons you shared aren't valid really. Governments and banks calling bitcoin "an asset" or "regulated financial services" (whatever that means!) is not something you can be happy about, adopting bitcoin as a currency is which is not something any of them are doing (except El Salvador, etc.).

As for the market itself, we haven't really been in a bear market for months in my opinion considering that price hasn't fallen any lower than $17.5k ever since it was reached months ago. Instead it is in a sideways market which resembles the accumulation phase before the bull market starts.
legendary
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
The problem is.... for every Positive news.... there are 5 FUD attempts to sabotage the impact that the positive news would have had on the markets. The paid media are being supported by lots of money to spread negative news about Crypto currencies, because their masters wants Bitcoin to fail. (Puppet masters from Fiat systems)

So, yes... we need all the positive news we can get to counter the FUD that are spread. Make a point of it to search for it and keep posting it in the future.  Wink
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