Some Influencers Are Not Helping - page 4.

TheCaliReign

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Quote

We've had this "DeFi" thing for years already, "DeFi" is just a new sort of "cool moniker" for Ethereum apps/projects to make it sound "cool". They ain't even decentralized, mostly just non-custodial.

That's not the point that I was making at all. I'm saying we are definitely in the midst of a huge DeFi pump. And I believe the DeFi projects are of a significantly different type than the ICO boom of 2017. This is like flashcrash get rich quick schemes with an actual ad agency. I'm not saying they are in anyway better or safer. Just different.

imstillthebest

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Quote from: slaman29 on August 22, 2020, 04:27:57 AM

When has an influencer really helped actually? If you look about it and all the history of influencers, very few actually stayed with their projects once they got their money and payment. You're left holding the bags, in the end. Trust only yourself my friends.

influencer means to influence or to promote . they cant be called an influencer if they are only promoting for the sake of thier own good but thankfully there are good influencers that are still doing everything to market good cryptos .

trusting our self can be an aid if we got scammed many times for believing others . sometimes people that you think trusted are also the people that will put you in risky situation .

Oasisman

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Quote from: Bitcoin_bullish on August 22, 2020, 02:04:11 AM

Quote from: pooya87 on August 22, 2020, 12:55:47 AM

~snip~

The term is awful on its own. As a beginner I was lucky there weren't many of these guys around, although when they appeared I did mistakes too. I stopped listening after a while and saved both money and valuable time.

Well, I guess there are a lot of them today. Twitter now is the place where you can find a lot of cryptocurrency related tweets that are totally bullshit.
These so called influencers are just a paid puppets to shill on some specific coin, they usually are the ones who are giving away free Btc in exchange for the followers and re-tweets. If you're following some of these people, you're actually going to lose some money on the latter, and you'll probably found yourself investing on a pump and dump coin.
I'd rather find a crypto community where you could actually talk and consult to people rather than following a person who's business is to promote shitcoins, and blabbering anything about cryptocurrency to get a good amount of attention.

rodskee

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Quote from: Johnyz on August 22, 2020, 04:11:29 AM

Those Influencers knows also how to make money, and some of them are not and some are just talking shit about bitcoin or they might just talking about the reality of cryptocurrency. If those influencer talk shit about bitcoin, then we can't stop them or force them to talk only goods for bitcoin, its just a matter of time for them to realize everything, so let them be and just focus on the things that cryptocurrency can do to us.

It's just another strategy to make more money, they are saying something out of stupidity just to generate
good profits from people who will follow them.
We can't blame them as they are doing it to gain, something that we always needs to protect ourselves before
believing to anything like this.
In the end of the day, you are still the one that will bring your success nothing matters than your own knowledge
and pure understanding.

Upgrade00

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Quote from: CryptopreneurBrainboss on August 22, 2020, 03:38:17 AM

I think everything worketh together for good, we need this trends to open the eyes of the new enthusiast coming into the market

Right, it helps to increase the publicity of cryptocurrencies and all the fomo would eventually trickle back to Bitcoin. Just as during the ICO days, it attracted a lot of new investors due to the huge hype around it, eventually when it crashed a lot of those investors who were already deep into cryptocurrencies (and may have gained or lost out) would likely have switched their attention and profits to bitcoin. The DeFi trend could have the same effect down the road.

Quote from: DooMAD on August 22, 2020, 04:26:30 AM

Break the cycle and stop using twitter unless you're solely using it to keep in touch with people you actually know in person. Otherwise it's just a cesspit of largely worthless opinions with no context for reference.

What gets to me most is when articles are constructed solely around catchy tweets with little or no context. I see it as lazy journalism. It could however also be a publicity agenda between the social media profile and the blog site (who could be the same person).

LogitechMouse

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You can consider them as an influencer but at the end of the day, it is purely money that matters Cheesy

.

An influencer can shill a coin that has been advertised by some popular names like in your post the Winklevoss and they will be paid with huge amounts. There is a reason why they do this. Maybe they are just promoting their exchange in other ways or they are holding that coin.

Helping or not, it doesn't matter to me. I know what I'm doing and I will not fall into these kind of traps that are being done by these so-called influencers.

slaman29

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When has an influencer really helped actually? If you look about it and all the history of influencers, very few actually stayed with their projects once they got their money and payment. You're left holding the bags, in the end. Trust only yourself my friends.

DooMAD

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If you give people a platform and a captive audience, sooner or later, someone is going to abuse it to try and make some money. You can pretend to blame the people posting the tweets, but if you're choosing to read them, then you're equally culpable as far as I'm concerned. The entire platform and the way it functions is the issue.

Step back and look at what's actually happening here. Large numbers of people are choosing to read what is effectively promotional material or marketing because they've somehow been convinced it's a form of entertainment. How in the fuck did that happen? How did the human race become that stupid?

Break the cycle and stop using twitter unless you're solely using it to keep in touch with people you actually know in person. Otherwise it's just a cesspit of largely worthless opinions with no context for reference. Don't give these vacuous nobodies the attention they crave and then you won't fall victim to their profiteering schemes.

Johnyz

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Those Influencers knows also how to make money, and some of them are not and some are just talking shit about bitcoin or they might just talking about the reality of cryptocurrency. If those influencer talk shit about bitcoin, then we can't stop them or force them to talk only goods for bitcoin, its just a matter of time for them to realize everything, so let them be and just focus on the things that cryptocurrency can do to us.

cheezcarls

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I actually have to agree with you mate. Most of the Bitcoin and crypto influencers out there are just doing it for their own gain, and they don’t care much about the followers. They only wanted fame, increased views, monetization of their videos, etc.

What they’re lacking nowadays is their ability to connect to their followers. It’s like artists where followers like us can’t simply having hard times to reach out or connect to them, but rather ended up having their agent representative talking to us.

They might be giving us some of their tips and strategies in Bitcoin, trading, DeFi, staking, etc., but never actually “connect” to their followers, subscribers, etc. This forum’s much better anyways, because we all have a chance to connect and building good relationships with one another.

cryptoperkele

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Everyone with enough followers is called "influencer". Naturally some of these people are paid shills, some of them will use their own followers to manipulate markets and some of them are just enthusiasts. There's really nothing we can do about them, expect accept their role in this.

When these influencers abuse the their followers telling them to buy something up, these followers will blame the project when it crash and will call it scam rather calling out their hero for manipulating markets.

maydna

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Quote from: Bitcoin_bullish on August 22, 2020, 02:04:11 AM

The term is awful on its own. As a beginner I was lucky there weren't many of these guys around, although when they appeared I did mistakes too. I stopped listening after a while and saved both money and valuable time.

Good.
At least, you can search for the others, or you can search for the other crypto news. You don't have to listen to them if you don't want it because we are free to search for the news. If they can't introduce or explain bitcoin to the public, I am sure that people will search for the other info about bitcoin. Many people in the bitcoin journey, and we will see more people trying to influence new people to join bitcoin. But if they cannot teach new people, I think it will no problem for those new people. But we can't blame them who did that because I think every person will have their own knowledge about bitcoin to give to others.

Wexnident

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That's why you don't follow any crypto enthusiasts in twitter. Or any other social media for that. Heck, I'd trust answers here than there tbh, since most of them out there are just there to take advantage of Bitcoin for money-making. I'd rather follow accounts that actually bring in some sort of useful info, such as market news or coin movements, my time is a lot more well spent seeing those tweets than seeing a bunch of people tweeting about Bitcoin reaching xxx amount, or I'll do something stupid scenario.

Quote from: Thavash on August 22, 2020, 02:29:52 AM

To be honest , here's what we need to get rid of for Bitcoin to truly be taken seriously by normal people and become the global currency :
1) An end to crazy influencers like you've mentioned
2) An end to scams that make the news ( further making normal people to question Bitcoin )
3) An end to the meme culture where, once again , normal people see these "moon" memes and others and just think of Bitcoin as a joke
4) An end to crypto infighting - an example is the Eth crowd and Bitcoin maxis constantly going at each other on Twitter etc - this hurts crypto in general. I'm not saying don't debate technology - thats important , but when its meme vs meme , its a joke...

Yeah you can't end that. As much as I would hate to say this, haters (or those that take advantage of it) exist because we, enthusiasts exist. If you want them to completely disappear, then the entire community has to go together with it. Nothing we can do about that.

CryptopreneurBrainboss

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Quote from: Upgrade00 on August 22, 2020, 01:40:46 AM

Quote from: Bitcoin_bullish on August 22, 2020, 12:07:25 AM

The network won't have a problem, growth will have as all this money could have been invested in Bitcoin instead of blindly gambling them into ICOs.

There's no guarantee that the money which was pumped into ICOs would have been invested in Bitcoin, if ICOs didn't exist.

True but that's just an assumption same as saying supposenly DeFi weren't taking some liquidity from the market to itself maybe by now bitcoin would had surpassed it all time high of 2017 or probably been very close to doing so. As of press there are over $11,926,837,764 in DeFi related project. That's huge so you can't denied the fact some of this marketcap could have ended up in bitcoin assuming DeFi weren't a thing.

I think everything worketh together for good, we need this trends to open the eyes of the new enthusiast coming into the market, sometimes we have to loss (learn) before we gain. Time we come they'll regret not getting into bitcoin sooner because that's were it'll all end when this hyped is over.

Thavash

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To be honest , here's what we need to get rid of for Bitcoin to truly be taken seriously by normal people and become the global currency :
1) An end to crazy influencers like you've mentioned
2) An end to scams that make the news ( further making normal people to question Bitcoin )
3) An end to the meme culture where, once again , normal people see these "moon" memes and others and just think of Bitcoin as a joke
4) An end to crypto infighting - an example is the Eth crowd and Bitcoin maxis constantly going at each other on Twitter etc - this hurts crypto in general. I'm not saying don't debate technology - thats important , but when its meme vs meme , its a joke...

Bitcoin_bullish

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Quote from: pooya87 on August 22, 2020, 12:55:47 AM

first of all i hate the term influence specially when it is used for some idiot on twitter or similar platforms spreading bullshit. a better term is "idiots who have nothing better to do other than wasting time on the internet". and they don't influence anything either, they just have some sheep that falls into their trap and loses money once and goes away with a sour lesson.

and they are helping. they are teaching the newcomers 2 very valuable lessons. first is that they should never listen to these idiots on the internet and second is that altcoins are going to get dumped on them no matter what so they should stay away.

The term is awful on its own. As a beginner I was lucky there weren't many of these guys around, although when they appeared I did mistakes too. I stopped listening after a while and saved both money and valuable time.

Upgrade00

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Quote from: Bitcoin_bullish on August 22, 2020, 12:07:25 AM

The network won't have a problem, growth will have as all this money could have been invested in Bitcoin instead of blindly gambling them into ICOs.

There's no guarantee that the money which was pumped into ICOs would have been invested in Bitcoin, if ICOs didn't exist. Some people were out for a quick buck and preferred gambling with different altcoins which only offered hype in the hope that one would give them a decent ROI quickly, rather than trusting the underlying technology of Bitcoin.

Competition exists in different markets and is actually necessary for stability. Altcoins may pump up and die off subsequently, but there would always be more which are created over time, so bitcoin's dominance would always be tested, the fact that it has survived through all the previous hype/dump periods suggests that it is reliable

DoubleEdgeEX

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Dave Portnoy could be glad that he is already rich! He should stick to his dayjob, whatever that is. To me it seemed he got triggerd by greed and that the Winklevosses implanted in his brain. However, a perfect example that education in trading is crucial to success and just randomly putting money in and out of an asset just ruins your bank account. Now he sounds like spoiled brat that someone took his lolly from.

I always prefered to listent Mike Portnoy. Are they somehow related?

Here a nice summary: https://www.coindesk.com/barstool-dave-portnoy-trading-cryptocurrency-bitcoin

pooya87

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first of all i hate the term influence specially when it is used for some idiot on twitter or similar platforms spreading bullshit. a better term is "idiots who have nothing better to do other than wasting time on the internet". and they don't influence anything either, they just have some sheep that falls into their trap and loses money once and goes away with a sour lesson.

and they are helping. they are teaching the newcomers 2 very valuable lessons. first is that they should never listen to these idiots on the internet and second is that altcoins are going to get dumped on them no matter what so they should stay away.

hatshepsut93

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I'm not too worried about Bitcoin, because I believe everyone understands the difference between Bitcoin and altcoins, even if it's subconsciously - Bitcoin is a proper open-source project, just like Linux, while altcoins are more like startups, and startups are very prone to failure, especially the unregulated ones. And with time this understanding will only grow stronger, especially as scams like Chainlink will get exposed, so maybe it's all a net good thing.

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