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Topic: THE VIEW OF SOME PEOPLE OVER BITCOIN - page 3. (Read 322 times)

hero member
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May 03, 2023, 05:31:48 PM
#19
Some people don't see Bitcoin as a normal currency and think it's too risky because its value can change a lot. They also worry that it's used by criminals for illegal activities like money laundering. However, other people think Bitcoin is amazing because it's different from traditional currencies and could change how we use money. Nobody knows for sure what will happen to Bitcoin in the future, but people are still talking about it and interested in it.
It's high time we stop listening to such stereotypes about Bitcoin usage and its legality and also to debulk the false claim that Bitcoin is used for money laundering since all currencies are used for that too,  the US dollar is also used for money laundering and this has been going on for years without any possible solution to stopping its usage for illegal activities, ransom and terrorism financing are all done using the traditional bank's notes.

Even if you check the statistics between Bitcoin andFiat'st usage for the illegal deal, Fiat still stands the chance of getting a higher percentage usage for illegal activities, but the naysayers will not see that rather than panting Bitcoin as the bad actor in the financial sector.
sr. member
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May 03, 2023, 05:28:48 PM
#18
Some people don't see Bitcoin as a normal currency and think it's too risky because its value can change a lot. They also worry that it's used by criminals for illegal activities like money laundering. However, other people think Bitcoin is amazing because it's different from traditional currencies and could change how we use money. Nobody knows for sure what will happen to Bitcoin in the future, but people are still talking about it and interested in it.

If you are a true Bitcoiner you won't mind or think of how others perceive the currency, what matters to you most is how you your self the level of confidence you have on the currency which you have choose to hold. What ever others want to say about it will just be like a noise to you. Those who hate it will continue to hate it and give their negative vibes towards it, but those who have a positive believe toward it will always support it with positive feedback, that's what lovers do.
legendary
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May 03, 2023, 05:26:36 PM
#17
Some people don't see Bitcoin as a normal currency and think it's too risky because its value can change a lot. They also worry that it's used by criminals for illegal activities like money laundering. However, other people think Bitcoin is amazing because it's different from traditional currencies and could change how we use money. Nobody knows for sure what will happen to Bitcoin in the future, but people are still talking about it and interested in it.
They both are right from their own point of view. Bitcoin price is volatile and the price up and down quickly compared to other currency. So it is fair enough to tag bitcoin as risky. But if you believe the technology and future bitcoin is above the risk it posses.
We must be like this because no one knows what will be the future of Bitcoin. And we can't control someone's own opinion because that's what they can see.
People's perspectives on Bitcoin are influenced by a variety of things, such as their knowledge of technology, economics, and finance.
hero member
Activity: 1204
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May 03, 2023, 05:15:25 PM
#16
Bitcoin, Bitcoin, Bitcoin. Some folks adore it, while others loathe it. But me? I can't get enough of this coin

Sure, there's the naysayers who argue it's too risky, too erratic, too...enigmatic. But I say, isn't life about living on the edge? And really, what's the absolute worst outcome? Losing a handful of cash? NBD, it's just dough.

Now let's cut to the chase on why some peeps are hatin' on Bitcoin - they're just trembling at the thought of change. They're stuck in the past, hanging onto their outdated currencies and their snooze-worthy bank accounts. But moi? I'm a daredevil. I'm an explorer. I'm...okay, yeah, I'm just a guy who enjoys splurging with Bitcoin.

But you know what? It's a kick. It's thrilling. And it's got a touch of rebellion. So, let's do this, enter the realm of Bitcoin together. Who knows what mind-blowing adventures are waiting?
legendary
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May 03, 2023, 04:38:02 PM
#15
When you dislike something, you can present a thousand reasons against it. Conversely, when you favor something, you may provide a plethora of reasons to support it. This is also true for Bitcoin. At times, a few individuals may oppose Bitcoin, resulting in a multitude of reasons against it. The most common excuse is its volatility. However, we acknowledge and believe that Bitcoin's volatility is what makes it the most popular. Holders and traders can benefit from this volatility, which is why they prefer Bitcoin. I am not concerned about other people's opinions about Bitcoin, as I have a thousand reasons to like it.
sr. member
Activity: 1470
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May 03, 2023, 04:27:03 PM
#14
Some people don't see Bitcoin as a normal currency and think it's too risky because its value can change a lot.
I understand the discussion about the value of bitcoins changing, but they should also know that people are taking advantage of the change in value to make profit. Everything is risky. There is even risk keeping the currency that the value has been stable.

They also worry that it's used by criminals for illegal activities like money laundering.
People should learn to concern themselves with the things that they can control. No matter how you try, you cannot stop people from using bitcoins for illegal purposes that ruins it's name. That is just the truth.
full member
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May 03, 2023, 04:21:45 PM
#13
Some people don't see Bitcoin as a normal currency and think it's too risky because its value can change a lot. They also worry that it's used by criminals for illegal activities like money laundering. However, other people think Bitcoin is amazing because it's different from traditional currencies and could change how we use money. Nobody knows for sure what will happen to Bitcoin in the future, but people are still talking about it and interested in it.
They both are right from their own point of view. Bitcoin price is volatile and the price up and down quickly compared to other currency. So it is fair enough to tag bitcoin as risky. But if you believe the technology and future bitcoin is above the risk it posses.
legendary
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May 03, 2023, 04:14:31 PM
#12
Some people don't see Bitcoin as a normal currency and think it's too risky because its value can change a lot.
This is simply what the government wants us to believe. They believe volatility only happens to bitcoin. People hardly believe that the value of fiat declines rather they think it is the price of commodities that is going up. Not only the risk of it changing value but people believe that anything that is not regulated by the government is not going to come good and they have related such mentality to bitcoin.


Thats it, generally people see inflation as products going up  when in fact its the FIAT
devaluing. In terms of Bitcoin it has had many years of bad press and constant attacks
from investment institutions, banks, governments and main stream media so its understandable
that generally people would be negative towards Bitcoin.

For traders I imagine volatility is kind of a necessity, thats where gains and losses can be
made and as a non trader if you have a long term outlook with Bitcoin volatility is a non
issue. Where it gets dangerous is when inexperience and speculation meet along with
going "all in" on the short term.
legendary
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May 03, 2023, 04:13:50 PM
#11
Some people don't see Bitcoin as a normal currency and think it's too risky because its value can change a lot. They also worry that it's used by criminals for illegal activities like money laundering. However, other people think Bitcoin is amazing because it's different from traditional currencies and could change how we use money. Nobody knows for sure what will happen to Bitcoin in the future, but people are still talking about it and interested in it.
Exactly. Everyone has their mental thinking of bitcoin. Mostly for those who supposed promote bitcoin to the highest level see Bitcoin from the contrary viewpoint. And one thing in Bitcoin is that you can view it from and give a judgment, you must come close to it before can give comprehensive judgment to know if or bad or good. But if one stay for far, the person might give a wrong judgment. Some people do not even trust the fiat currency which has been launched to be use online. They did not trust it because their believe is that their money will disappear for the system. And that is a mentality mindset.
This is why you should really be needing to zoom out if you are really that serious on learning on what Bitcoin is. It would really be normal to have that approach where people do mostly be starting up on having those
beliefs that Bitcoin is neither some sort of ponzi or something that could make them rich quick which sooner or later they would be able to know on whats the real deal. Its better not to worry because
they would eventually be able to find out for themselves on what truly it is. Just like in most of us on which we are still starting up on this market or something we didnt been able to encounter.
It would be normal to have those bad beliefs but due to experience then you would be able to adjust to that. This is why its really that important on having that deep
research if you are really that serious on dealing up with something.


Some people don't see Bitcoin as a normal currency and think it's too risky because its value can change a lot. They also worry that it's used by criminals for illegal activities like money laundering. However, other people think Bitcoin is amazing because it's different from traditional currencies and could change how we use money. Nobody knows for sure what will happen to Bitcoin in the future, but people are still talking about it and interested in it.

Obviously they talk bad about it because it is the media that broadcast news that is false in the first place, so people run after false news and so on. Unfortunately nowadays you can no longer distinguish what is right and what is wrong without your own head.
When you are really that a newbie and been prone into false marketing or news then you would really be ending up on lost track but when losses do hits up hard
then this is where learning would really kick in.
hero member
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May 03, 2023, 04:09:20 PM
#10
Some people don't see Bitcoin as a normal currency and think it's too risky because its value can change a lot.
This is simply what the government wants us to believe. They believe volatility only happens to bitcoin. People hardly believe that the value of fiat declines rather they think it is the price of commodities that is going up. Not only the risk of it changing value but people believe that anything that is not regulated by the government is not going to come good and they have related such mentality to bitcoin.

They also worry that it's used by criminals for illegal activities like money laundering. However, other people think Bitcoin is amazing because it's different from traditional currencies and could change how we use money. Nobody knows for sure what will happen to Bitcoin in the future, but people are still talking about it and interested in it.

The only thing that is not use for criminal activity is something that doesn’t exist. And since bitcoin technology is still new it is natural that criminals will exploit it to their advantage. The news that it’s purpose for criminals to by pass government law is just a stereotype spread by the government and some factions of the media to create FUD around it. The fiat currency is still the highest currency use by criminals to carry out there activities even with all the regulations on it by the government they still can’t fish out those criminals.

People will continue to pick up more interest in it as the banks continues to frustrate people and also as people begin to see That their fiat savings is losing value due to inflation and excess printing of it.
hero member
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May 03, 2023, 03:50:36 PM
#9
Some people don't see Bitcoin as a normal currency and think it's too risky because its value can change a lot. They also worry that it's used by criminals for illegal activities like money laundering. However, other people think Bitcoin is amazing because it's different from traditional currencies and could change how we use money. Nobody knows for sure what will happen to Bitcoin in the future, but people are still talking about it and interested in it.

Obviously they talk bad about it because it is the media that broadcast news that is false in the first place, so people run after false news and so on. Unfortunately nowadays you can no longer distinguish what is right and what is wrong without your own head.
hero member
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May 03, 2023, 03:48:52 PM
#8
Some people don't see Bitcoin as a normal currency and think it's too risky because its value can change a lot. They also worry that it's used by criminals for illegal activities like money laundering. However, other people think Bitcoin is amazing because it's different from traditional currencies and could change how we use money. Nobody knows for sure what will happen to Bitcoin in the future, but people are still talking about it and interested in it.
Exactly. Everyone has their mental thinking of bitcoin. Mostly for those who supposed promote bitcoin to the highest level see Bitcoin from the contrary viewpoint. And one thing in Bitcoin is that you can view it from and give a judgment, you must come close to it before can give comprehensive judgment to know if or bad or good. But if one stay for far, the person might give a wrong judgment. Some people do not even trust the fiat currency which has been launched to be use online. They did not trust it because their believe is that their money will disappear for the system. And that is a mentality mindset.
jr. member
Activity: 140
Merit: 4
May 03, 2023, 03:47:39 PM
#7
Some people don't see Bitcoin as a normal currency and think it's too risky because its value can change a lot. They also worry that it's used by criminals for illegal activities like money laundering. However, other people think Bitcoin is amazing because it's different from traditional currencies and could change how we use money. Nobody knows for sure what will happen to Bitcoin in the future, but people are still talking about it and interested in it.

This topic of bitcoin becoming the mainstream currency or replacing a fiat one is very old and boring.

You should not want BTCBitcoin to be the most mainstream currency in the world, that wont ever work.Its nice to hype and overreact witouth thinking about consequences

It is what it is, accept it, dont try to make it something else.

hero member
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May 03, 2023, 03:34:33 PM
#6
Some people don't see Bitcoin as a normal currency and think it's too risky because its value can change a lot.
Yes that’s very true thats why Bitcoin is regarded as a volatile(can either rise or fall) currency that why it’s an investment opportunity for some, but also normal currency experience something similar with inflation and deflation of the currency. Your friend should also be worried about that too.

They also worry that it's used by criminals for illegal activities like money laundering. However,
Money laundering, scams, and other criminal activities did not start with bitcoin, normal currencies (Fiat) has always been used to perform those activities and it’s still is been used till date. All this statement are from minds that doesn’t want to understand the values of bitcoin.
sr. member
Activity: 1386
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May 03, 2023, 01:09:26 PM
#5
Investing in Bitcoin is very risky but this risk leads people to success. We all want to achieve success in life and everyone achieves that success in different ways. There are many people who have achieved their success in life through Bitcoin. With Bitcoin, they first invested in Bitcoin with risk and held their investments patiently for a long period of time, resulting in success. 

Another thing you mentioned is whether Bitcoin is used by criminals as a means of money laundering. Everything has good and bad side of using Bitcoin many good things are happening with Bitcoin like many people are buying and selling their houses with Bitcoin Bitcoin is connected to various educational fields and many more positive things are associated with Bitcoin. 

Although no one knows in advance how the Bitcoin market may go in the future, some predictions can be made by market research. By the end of this year, the market is likely to get better than the current situation. And I am very optimistic about Bitcoin.
hero member
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May 03, 2023, 12:57:45 PM
#4
Based on what you write, you are talking about two classes of people: those who believe in Bitcoin (Bitcoiners) and non-Bitcoiners, which are those who are very skeptical about Bitcoin. But the truth is that some people go from not knowing what Bitcoin is to finally getting to know about it and beginning to accumulate some, but some people will not adopt Bitcoin because of what they really believe, and that got me to say Bitcoin is not for those who don't want it. No one knows what will happen in the future, but even if something bad happens to Bitcoin, it doesn't mean our lives will end there; surely there are still other things that one can venture into. To me,it doesn't really matter what others think about Bitcoin; all that matters is what real Bitcoiners think about Bitcoin.
hero member
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May 03, 2023, 11:49:04 AM
#3
Some people don't see Bitcoin as a normal currency and think it's too risky because its value can change a lot. They also worry that it's used by criminals for illegal activities like money laundering. However, other people think Bitcoin is amazing because it's different from traditional currencies and could change how we use money. Nobody knows for sure what will happen to Bitcoin in the future, but people are still talking about it and interested in it.
Those were old thoughts about Bitcoin, which won't change easily at these times. But what's good is that many understand the better side of Bitcoin and those old thoughts are starting to be gone. These views will not change over time until they've realized that many people are already invested in it and they can't stop it. Eventually, they'll all be changed and we don't need to worry about it. Let those people that keep on worrying about it, worry. While us, there's nothing to worry about as we all know what bitcoin really is.
full member
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May 03, 2023, 11:36:17 AM
#2
In many ways, bitcoin is a truly unique form of currency, and perspectives on its potential as a form of currency or as an investment are very diverse. Bitcoin is a speculative asset that is too unstable and dangerous to be trusted as a means of trade or a store of their wealth. Others view it as a paradigm-shifting technological advancement that might alter how we view money and finance.
newbie
Activity: 38
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May 03, 2023, 11:31:24 AM
#1
Some people don't see Bitcoin as a normal currency and think it's too risky because its value can change a lot. They also worry that it's used by criminals for illegal activities like money laundering. However, other people think Bitcoin is amazing because it's different from traditional currencies and could change how we use money. Nobody knows for sure what will happen to Bitcoin in the future, but people are still talking about it and interested in it.
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