Topic: Pro btc members here make Same mistake and newbies don't know that about btc (Read 174 times)

If there is one thing that people that hates and loves Bitcoin can describe about it, it is here to stay. That is a fact and no argument can win over that. Anyway, if someone makes a mistake about telling details or the accuracy isn't that accurate at all and you know more details and can add more value to that post, you're free to do that. And don't get mad with the opinions of other if they say something bad about Bitcoin. We're on an online forum and everyone is free to voice out their belief but of course, the majority of us are pro Bitcoin. If there are opinions spoken and has got some misinformation, you can do the correction and just provide the necessary information for fact checking. But why talk about BlackRock, CME and exchanges removing BTC? Well, IMO, whether we've got them or not, there will still be an unstoppable growth for BTC.

Well, OP I really respect your emotions with Bitcoin but you haven't mentioned what you've heard about Bitcoin people used to say that made you so sad to write a post here in this section.

Swimming with the whales, it makes sense but you should start swimming with them not after because their waves won't let your service because they just care about themselves and the small investors are just liquidity for them to exit when they achieve a certain goal. TBH OP I really don't care if black rock fills spot ETF or not but its a good development in the global adoption, Bitcoin will make its place by itself and its not black rock who's supporting Bitcoin its Bitcoin which made itself thefuture need after showing the potential realbility fo the past years.

People here post their perspectives and experience related to Bitcoin, it's not about who is correct or not and who got the most understanding of Bitcoin.
Also, never estimate anyone's Bitcoin knowledge by their Forum rank. If someone here posts regularly or reach Legendary, doesn't make them the pro in Bitcoin.

Read again maybe, did you get point?
The point is we Will have a lot early info and indicators before anything will be really happening with BTC.
Do you actually read SEC statements and exchangers delisting regulatsions and info ? I doubt you Will.
But why Im safe with btc ?
Because...sec trust it and many other very important people even it's not said out for wider audience but you can be lucky Im here to enlight you.
While so big players are in BTC...then If Im with them Im safe and If anything will be happening we get prior to enough notice and info.

It is a norm for fake news to be on the air about bitcoin, and it is not everything that you hear that you should accept. This is why it is good for you to DYOR so that you can know the real facts. We are in a bitcoin community where I believe you can get the fact and latest news on bitcoin that can be helpful to you. One should remain focus on his bitcoin investment and how to increase his bitcoin portfolio rather than focusing on what Black rock is doing, because with or without black rock bitcoin will do fine, as bitcoin has proved this in the past. It is only  bitcoin price movement that can be speculated but the rest information, you can get the real facts. What is ETF is not approved and the halving comes in play will you say that bitcoin price will be affected negatively.

How can the reason for you to trust Bitcoin be because it's a big thing? If this is your reason then you need to do your own research yourself and understand what Bitcoin is really all about, and mind you there have been lots of so called big things that later ended up as failures.
In as much as the interest of some entities would bring Bitcoin a larger audience I think we don't need some of them because of their power hunger, many of this entities are looking towards the centralisation of Bitcoin white as a Bitcoin enthusiast I believe would be the downfall of Bitcoin.

No one is above a mistake in cryptocurrency, but we can work so closely that we are always at the top of it all with the best security measures and how we run our digital assets, this has to start from the way we operate our crypto investment, the kind of crypto we are Investing on and the duration to how long we maintain holding a particular coin of our investment, we therefore must be willing to avoid making mistakes by all means even when others are, we must not make same mistakes, instead we pick up the challenge for it.

There is a lot of accurate information about Bitcoin on the internet which we choose to ignore. The accurate sources of these information can be found on reputable websites from Bitcoin.com, the YouTube channels of Andreas Antonopolous and even on this forum. But we rather choose to follow popular and sentimental news than the accurate truth.


I agree with this point. BlackRock and the rest of the financial institutions that wants a piece of the Bitcoin pie have inadvertently pushed Bitcoin to the fore of global awareness and imminent adoption.

OP you want to give spirit to newbies about btc and want people to ignore the false news about ETF rejection which is somehow good but your post show that you believe on btc because ETF will be approved which will increase the adoption of btc. You should ask yourself, btc start from zero and without any positive news of ETF we have seen ATH of 65k. BTC is totally independent of ETF,maybe we see short term change in price but The real admirable persons are those who stand with btc from start until now.

BTC doesn't need ETF approval to develop further, it is totally complete without any ETF approval, Yes ETFs have to rely on BTC for their popularity and success to get it.

Finding accurate information is easier said than done.
Most times the internet is filled with rumours or buttered information
To peek visitors interest.
The place I usually find relatively accurate information is here and Github
Since most times you can view others opinion
And their personal investigation about said news.

ETF adoption has nothing in educating the public.
It's adoption would help increase Bitcoin legitimacy and its strength in the financial market.
I don't really understand what OP is talking about but, Opinions and assumptions doesn't just emerge
They are based on perceived facts
Everybody has the right to infer different assumptions from same facts.
Opinions matter's
Different Opinions can help sort out the closest truth.

Bitcoin is not perfect and developers have to know what Bitcoin needs to improve technical to do their programming works. Bitcoin is not perfect so you must have an open-mind to absorb negative discussions about Bitcoin but not all of them are telling the truth. However if you are close-minded, you will miss something important but I want to say about a more important thing for you, as a Bitcoin investor.

Think about long term, short term will not help you rich.

Bitcoin marketcap in 2023 is bigger than in 2010 but it is still very smaller than Gold, silver and some giant companies.

https://companiesmarketcap.com/assets-by-market-cap/

From what I have observed you are into BTC because BlackRock is adopting it, do you really know more about it? I am not objecting to your statements just asking as you said we should swim with the whales and wealth will be protected while I don't think it is guaranteed and you should say it undoubtedly. Maybe a small disclaimer would do the work.

BTC will still be going if BlackRock does not adopt it, did has BlackRock adopted it yet, which means the ETFs have been accepted? No, but BTC is still going up, ETFs and adoption from such big companies are one of the many factors that are causing such pumps in it, in my opinion, people need education, and this adoption from BlackRock has given it to the public now it does not matter either BR adopts it or not, but educated public will adopt it.

And the adoption is all we needed. And never depend on whales, depend on yourself.

My eyes hurt when I read what people write and say about BTC.
People, it's time to get serious in your words and actions and stop all assumptions and opinions that are not based on any facts.
Just talk and assumptions and opinions are worth nothing.
If anyone else ever says something negative about bitcoin, please put the following information and facts on the table: which institutions like Blackrock and CME and other very important exchanges are going to remove BTC ? Have warnings already been given about btc removal from central systems and exchanges somewhere?
Since bitcoin is already associated with a very large capital, it must be announced prior to 2 years minimum that the removal of btc from an important exchange will begin at all.
If there is information, please provide the exact facts about it and every bitcoin investor should read it before reading another news story or listening to a famous person TALKING nonsense about btc I am a very accurate person, I don't assume or guess, I just follow accurate information and facts.
So I trust bitcoin because it's a big thing, and with such a big thing, before something happens to it, all the information and warnings have to be seen first, and they have to be visible very early on, because people think if blackrock would lose huge amounts of money because some exchange didn't inform it early then the manager of this exchanger would be fired from day one know that big money always will direct the market and you should swim with the whales and your wealth will be protected.
Good luck to all