Spot the Newbie Problems: Bitcoin or Not? - page 3.

uray

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Quote from: JollyGood on May 05, 2018, 06:08:59 PM

Stands to reason newbies wanting to learn about Bitcoin will go to bitcoin.org or bitcoin.com and those wanting to learn about Bitcoin Cash will go to bitcoincash.org

How are newbies supposed to navigate the disaster created by Bitcoin Cash team?

Since the owner of bitcoin.com does have some influence in the market, he is representing BCH as bitcoin and every new user must study the different market before investing it and if you are lazy in doing the home work then you might end if investing in another coin than what you intended to do, so the main issue is with people jumping into things without even learning about the market and the problem lies there.

rtm125

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Bitcoin is a topic where you need to strain your brain. This is not a topic for everyone. Here earn far not silly people. New technologies, ideas, the future is born here. But on the way to the future there are many obstacles. This process is integral...

richardsNY

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Quote from: thorvald on May 09, 2018, 01:53:59 PM

Looks like Roger Ver is still up to his antics. I can't believe he's doing it this way though. It seems to only get in the way of Bitcoin education and make it more difficult and dangerous for newbies.

Roger Ver has lost all his credits already, so whatever he ends up doing from this point, regardless of how severe his actions are, won't change anything in that regard. If he suddenly changes his approach of 'marketing' BCH at cost of Bitcoin, he feels like he lost the battle he put so much effort in, and that with his level of engagement and emotional weaknesses just isn't going to happen. He is beyond any stage of becoming normal again -- this poisonous being needs to seek mental help. It's pathetic how he singlehandedly ruined his reputation, but the damage is done already and we have to get over it. If we ignore everything related to BCH he will lose his game, so let's start with it directly.

JollyGood

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Quote from: Dudeperfect on May 09, 2018, 01:32:06 PM

Yes, I have a friend who actually ended up in buying Bitcoin cash while he was willing to buy Bitcoin. This is a serious matter that created confusion among the newbies while dealing with Bitcoin. However, since most of the newbies use web wallets, some web wallet service providers notify users on each and every step that they are dealing in Bitcoin or Bitcoin Cash.

Sorry to hear about your friend getting confused by the whole Bitcoin/BTC and BCH/Bcash/Bitcoin Cash issue. I hope in the near future things will get better and clearer on bitcoin.com and other places.

thorvald

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Looks like Roger Ver is still up to his antics. I can't believe he's doing it this way though. It seems to only get in the way of Bitcoin education and make it more difficult and dangerous for newbies.

Vannie12

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Well as a suggestion, Do not buy until you are not familiar with something that is very costly.
The thing is people tend to jump in anything that would tell them that they will be getting bucks from it.
Lack of knowledge will definitely lead you to that kind of circumstances and I think he who have lost by being confused is liable for his own mistakes for he did not researched before buying.
In this industry, you have to do your own research. Such forums like Btctalk is just a place where you can find further perspective about news and facts.

Dudeperfect

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Yes, I have a friend who actually ended up in buying Bitcoin cash while he was willing to buy Bitcoin. This is a serious matter that created confusion among the newbies while dealing with Bitcoin. However, since most of the newbies use web wallets, some web wallet service providers notify users on each and every step that they are dealing in Bitcoin or Bitcoin Cash.

JollyGood

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Quote from: Suprex125 on May 08, 2018, 01:15:52 PM

Bitcoin cash is a clone of Bitcoin and is less expensive than bitcoin.BTC has a block size of 2 MB with Segwit while BCH has no segwit implementation and has a huge blocksize of 8 MB. BCH is faster in terms of transaction.

This thread is about the problems crypto newbies face when visiting bitcoin.com website when Bitcoin, Bitcoin Cash, BTC and BCH are plastered all over it without being clear within which context those names or abbreviations are used. The block size you mentioned is a debate for another thread.

Hopeful2017

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Learning the bitcoin concept is never an easy tasks. It has really complicated concepts especially so that their are a lot of bitcoin websites and exchanges available now. If one team wants to attract more investors or new to bitcoin world, they must present bitcoin in the easiest way to understand as much as possible.

amishmanish

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Any newbie that searches for bitcoin and ends up at bitcoin.com is screwed for good. They will inevitably end up buying BCash. Right now, we have just undergone an explosion phase in december. Lot of people who joined back then are pretty much aware of the differences and the Roger Ver style shitty marketing tactics.

What these conmen are banking on is that another wave of newbies will get confused enough to not know the difference and end up buying BCash in huge amounts. I suppose they have some target price that they aim to reach so that they can make it more profitable for miners than bitcoin, even if for a small while..

This is when they hope that hashing power will switch. It's a plan they are willing to execute by hook or by crook. All the more reason for the real bitcoin community to be ever vigilant and keep telling people that BCH being peddled by bitcoin.com is actually BCash backed by people like Ver who like to boast "I am a self made millionaire and i will not be insulted" and then go red in the face while rage quitting.

That is frankly nothing like what bitcoin is supposed to be

Suprex125

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Bitcoin cash is a clone of Bitcoin and is less expensive than bitcoin.BTC has a block size of 2 MB with Segwit while BCH has no segwit implementation and has a huge blocksize of 8 MB. BCH is faster in terms of transaction.

cocktail111

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There are many paid promotions of icos going on. Without researching, it is not advised to invest anywhere. You should invest only the amount you would afford to lose. Just go through the project before having your investment in, buy the hype and sell the news. Crypto is a volatile market and you should assure yourself that you're investing in a good project. Have your own strategy. Looks good to invest in bitcoin too.

JollyGood

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Quote from: justine11 on May 05, 2018, 06:57:52 PM

well the website is trying to lure newbies to invest in shitcoin bitcoin cash by not putting the original abbreviation of bitcoin the website put BCH instead of BTC (very cheap tactic) since the website owner is bitcoin cash supporter. i suggest that to all newbies research very carefully read the bitcoin wiki and visit the one and only bitcoin's website which is bitcoin.org

I think your advice is good, thank you. The issue of cheap tactics you refer to will affect newbies far more than anyone else and I feel sorry for them.

jseverson

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Let's not forget that there's also r/btc which always has large doses of Bitcoin Cash is Bitcoin propaganda. It's very easy to stumble into it by mistake and it's going to be confusing for newbies why a supposed Bitcoin subreddit's top posts are tearing Bitcoin a new one. It also opens them up for anchoring bias.

Anyway, I thought they already corrected the BCH = Bitcoin instances in the site because of the lawsuit? If someone made a paper wallet here and sent BTC to it because it was claimed to be a Bitcoin wallet, they may get another problem in their hands.

eaLiTy

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Quote from: pooya87 on May 05, 2018, 11:08:57 PM

some people thought that the attack against bitcoin and all the attempts to take it over has ended when the "big blockers" forked off and went their own way. then all the mining attacks with their EDA started against bitcoin. we defeated that but the media attacks have never stopped. the attempts to take over is still strong and ongoing. what Roger Ver is doing on bitcoin.com is the clear example of it. they are still trying to take over and we need to fight back.

How do you propose to fight back, the only thing you can do is to create awareness about the entire market to new users and how to differentiate different coins, people will be confused looking into this market when they see thousand of coins in the first place, someone has to create a newbie guide so that everyone could follow and understand the market, until then these sort of confusion will exist and there is nothing you could do.

JollyGood

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Quote from: davison2 on May 05, 2018, 06:45:12 PM

Quite frankly i'm really having a stress-time getting my head around those terms... thank God it came up now because it just propelled me to go dig more and get it right before i fall a victim.

And that is the key now, because of the cloud of confusion created by Ver and other Bitcoin Cash whales the only way you and others new to Bitcoin can protect yourselves is to be super vigilant and always take note to avoid the bitcoin.com website when searching for information about Bitcoin. It is better stick with bitcoin.org and forums such as this instead.

CryptoBry

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There is now a revival of the bad war between people in the Bitcoin side and those in the Bitcoin Cash corner. All of these things are not helping as we are promoting the adoption of cryptocurrency by as many people as possible. This is the problem when we let greed and selfishness dominate a young industry such as we are in...some people and players are so willing to destroy what they perceived to be hindrance to the many plans they have in mind. Hopefully, it will be the market that will decide which side should eventually win..though there will always be collateral in any kind of war.

pooya87

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some people thought that the attack against bitcoin and all the attempts to take it over has ended when the "big blockers" forked off and went their own way. then all the mining attacks with their EDA started against bitcoin. we defeated that but the media attacks have never stopped. the attempts to take over is still strong and ongoing. what Roger Ver is doing on bitcoin.com is the clear example of it. they are still trying to take over and we need to fight back.

zhopas

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As a newbie you should know first the rules and regulations here in bitcoin world for you to be responsible on the things that you are going to do. Search for some informations that you're curious about then it makes you aware and understand the simple up to the hardest information about bitcoin. And aside from that you should be wise on the things that you are facing because in just one click everything might change and maybe ended up losing it.

cryp24x

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Being a newbie, you are responsible for yourself. No one should be blamed. If you want to learn thoroughly about Bitcoin, Do some research. Bitcoin info is almost everywhere. But what we should do as members are to help to spread awareness. For a simple and little way, we can help them understand the basics of Bitcoin.

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