Topic: What are common arguments for Bitcoin? (Read 655 times)

Proven long-term investment worth.
Decentralized, different with bank system/
Everybody can be an investor in Bitcoin
We can invest in Bitcoin with however we have, not only must 1BTC.
It is affordable to invest for all people, not like investment in property or others.

This is always around Bitcoin, whatever the era, negative speeches or FUD will be always surrounding, no matter what happens. If Bitcoin is rising up, the FUD will be spreading, saying that Bitcoin is only hype. When the price is dropped, FUD is also spreading, saying that Bitcoin is scam, not worthy, harmful, criminal, and many otehrs.
Let it be. But what we can do isby letting peole know more that Bitcoin also has many advantages, not only hearing from one side with negativeness of Bitcoin, but we should also open our mind to accept the posistive things of Bitcoin

I am not saying that Risk is not that important, but I would say Risk is not the most important one. If you are getting into something in the crytpo world, with the volatility as it is, the risk is there and known anyway. The most important part is to be aware of scams because it is so easy to get scammed. Maybe that falls under the umbrella of risk?

If you would consider the "risk" of getting scammed as getting under that part, then I 100% agree with you, but I would say scamming is like its own big thing in crypto. If you do not get scammed, and if you legit invest your money into proper projects, like btc, eth, bnb and so forth, then it is really easy, just hold them for years and get richer.

They should know about everything. A wise investors always do enough research about their investment. Advantages and Disadvantages of bitcoin, risk and rewards factors, Nature of bull and bear market in crypto space, the reason behind every bull and bear cycle, halving etc. These are some most basic and must have knowledge as a bitcoin investors.

The first thing a new investor should know is Risk.
The development of Bitcoin that continues to increase makes new investors tempted by the profits that have been obtained by several other investors, but new investors must be aware of the risks before putting their money in Bitcoin. New investors should view Bitcoin as a high-risk asset, because the price of Bitcoin can rise or fall unexpectedly in a short time or what we often hear as price fluctuations.
The purpose of a person investing is only to double the money value of the effort put in. New investors should avoid the Fear of missing out (FOMO), Bitcoin investment can indeed provide benefits, however, if it is only based on FOMO of course the impact will not be good for investors. Every decision taken must be carefully considered, they also have to think about whether the decision was right or just going along with it.

Just to add, if you buy bitcoin and you are going to be here for a long time, better be ready with some hardware wallets to save your bitcoin stash. Don't use like exchanges wallet, go for a wallet that you can control or have the private keys. How many have we seen people losing their bitcoin because it's either they lack the knowledge to protect their assets to scammers and hackers? Many, so I guess this is very important if you are going to begin your Bitcoin journey.

Even though it wont be told but still people would able to know the truth no matter what even though they would be initially influenced out by those haters or false media but still the truth will

prevail because it would really be that evident specially if they do see adoption is already happening or way too obvious and thats  the time they would really be doing some in depth
research and would able to find the truth on what Bitcoin really is and its benefits and advantage compared on typical fiat.

A new bitcoin investor should know that bitcoin is freedom. You don't need banks, bitcoin breaks borders, learn how to store your bitcoin safely. Join bitcoin communities like bitcointalk, on Twitter too. Buy bitcoin with your local currency on the top ten global exchanges. Avoid scammers, ask that your payment be in bitcoin, if you have your own business and it is allowed in your country say: Bitcoin is accepted here. If I had the opportunity to tell a new investor who wants to invest in bitcoin, I would surely say that.

Yes, you are right, and not only is it the perfect way out for them, BTC also helps people who live in countries with failed economies, with levels of generalized and growing inflation, being deflationary, it is above many local economies and this is already something that helps particular economies that know and use BTC.

The utility of BTC not only helps that number of people who are in trouble, but if you manage to collect a good part, in the near future it can guarantee your own future and even that of the entire family, I think that in less than 5 years will be worth more than $100k.

Well doomloop you are correct that the longer bitcoin is around, the more people who become informed and educated about what bitcoin is and can identify various ways that bitcoin is being misrepresented, whether that misrepresentation is coming by accident or seemingly on purpose. 

So even if a person has not been in bitcoin for very long, the mere participation in bitcoin, can cause way more paying attention and identifying that a lot of the bitcoin naysayers and shitcoin pumpers don't know what the fuck they are talking about.  Of course, the longer that you have been into bitcoin, the more likely that you have studied it more hours, even 100s or 1,000s of hours, and even someone who does not have a lot of time studying bitcoin can recognize that there is quite a bit of bitcoin naysaying, shitcoin pumping and even obfuscation of what is the difference between bitcoin and shitcoins to recognize that there is some role in correcting the record or clarifying the thinking of the so many folks that are out there that sometimes will spout out their knowledge of bitcoin and anyone with even rudimentary understandings of bitcoin will likely recognize and appreciate that the spouting out is largely coming from a place of ignorance and lack of sufficient/adequate studying into what bitcoin actually is.

Negative speeches about bitcoin are indeed one of the common arguments for bitcoin because no matter how haters push their campaign and tell people that bitcoin is like this and like that, there are still bitcoin supporters that try to correct what they are saying. Now and then, we won't get tired to remind the public of what is true about bitcoin.

We cannot just let those haters win and take over bitcoin because we are also benefiting from it and we don't want to tarnish the reputation of bitcoin because that can hinder the ongoing adoption. Not sure if this is given already but another common argument for bitcoin is if bitcoin can replace banks or not. i often see this not only in the forum but even outside.

What makes Bitcoin even more attractive is because the price of Bitcoin can rise in a pandemic situation like now. Even Bitcoin's performance
when compared to other assets is indeed the best in a pandemic situation, Bitcoin can be a source of income for some people. Bitcoin has also
succeeded in helping many people's economy get better, I am one of those people whose economy changed after getting to know Bitcoin.
Although not all countries accept Bitcoin, there are even some countries that prohibit the use of Bitcoin. But that hasn't stopped Bitcoin from
continuing to rise in price, and its popularity is increasing every year. So for people who have not invested in Bitcoin, immediately learn Bitcoin
properly, in order to know the benefits that can be obtained from Bitcoin. Do not let us include people who misunderstand Bitcoin, then regret
in the future for not investing in Bitcoin immediately.

We are not talking about "crypto" in this thread..  We are talking about bitcoin.  Even the post you responded to does not even use the word "crypto" so not sure if you even understand what is bitcoin?  It is not very accurate or meaningful to try to make various clear points about bitcoin (if that is what you had intended to talk about?) if you had chosen to continuously use the word "crypto."  In that regard, you used the word "crypto" 3 times, but you did not even use the word bitcoin once.  Maybe you should just use the word bitcoin and figure out if you would have had said the same thing or not?

By the way, I have tended to find that if people (whether famous or not or whether posting in this forum or not) are not using the word bitcoin, and they are substituting the term "crypto" - maybe because they are afraid of the word bitcoin?  or they don't want to limit themselves, so they want to sound more sophisticated?  then they are tending to not be very precise in regards to what they are talking about and frequently it appears that they do not even sufficiently understand the difference.   If they did actually know the difference, then they would not be afraid to use the word bitcoin, or to be more specific about what they are saying, in the event that they were not wanting to talk specifically about bitcoin.

Otherwise, just vaguely throwing out the word "crypto" comes off as a lot of gobble-dee-gook, no?  

For a start, maybe you want to try with your post (response) again, 24Kt?  

Let me give you a hint:  Use the word bitcoin, and then the question might be about whether you are going to end up saying the same things or not?  

If you substitute bitcoin for your use of "crypto" and you end up saying the same things, then part of my question/concern would be why did you not just use bitcoin from the start and in the first place?    

On the other hand, if you use the word bitcoin, and you end up having to rephrase what you are saying to say something else, then perhaps it will have been a helpful exercise for you to have had recognized that your use of the word bitcoin ends up causing you to talk about the whole topic differently.    No?

On the other hand (am I running out of hands, yet?), if you do not know enough about what differentiates bitcoin from crypto, then you likely need to figure that out before throwing out such a ambiguous (and likely meaningless term like "crypto"... whatever the fuck that means?), especially if you are responding within a thread that specifies bitcoin.  

Sure, I understand that there are some people who would rather talk about "crypto" rather than talking about bitcoin, because for a variety of reasons they don't really believe in bitcoin.. they think that it is grandpa coin, or outdated, or does not innovate enough or some other nonsense, so in that regard, they choose to talk about some kind of amorphous and vague concept that they label as "crypto," and they see others making the same kind of reference, and I would argue that merely because there exist a lot of people throwing out there gobbledy-gook and vague language such as "crypto," such lack of discipline should not be tolerated.. whether the person happens to be famous or happens to be merely some member on a forum like this one, and I would suggest that those who are using such a vague term, such as "crypto" are not talking about bitcoin, and they are talking about some kind of vague and unclear topic, and if we are within a thread like this (where the word used was specifically about bitcoin), then anyone referring to "crypto" including you, 24Kt,  would be off-topic because of your use of such vague word that many of us likely do not even understand what you are talking about.. and even question if you know what you are talking about having had chosen that vague and ambiguous word instead of just using the word, "bitcoin."

Sad to say, that a lot of newcomers in crypto have this kind of mindset. That crypto market is a get-rich-quick scheme. And once they got on board, they realized that it is far from that expectation. If they are diligent enough, they won't give up but work on their way up to learn more about this market. And later on, they can reap their rewards. But for some, once they leave this market, they usually spread fud or other misleading ideas, wherein, other people will get a negative notion about crypto.

Investors should bear in mind that bitcoin is not a get rich scheme, they should invest with their spare money.
Bitcoin is a digital currency, it's volatile(market fluctuates). It can't be controlled by anyone or predicted what the future holds about it. Bitcoin is the best way to store your future assets(money) and expect dividends in the future than saving them in the bank. Money invested in bitcoin cannot be lost if your private keys are stored up in a safe place.

Just let them be and on the time that they had known on whats its actual value and relevance of its existence then they would be surely feeling off on regretting that they had missed out something

which could potentially able to make out some profits but its not really too late for them to engage though and we know that we cant please everyone and on the time that they had realized then there

are really long days which they had missed out to engage or missing out the action.Common arguments about bitcoin is there on which criticisms would be that common.

Most people believe that Bitcoin is a scam, while others believe that it is real. And some group of people don't believe the existence of Bitcoin.

The new investors should know the rudiments of the currency exchange rate. Mostly trading.

Bitcoin does not create debt

You are right, although sometimes in important newscasts like CNN they continue to give BTC as an asset of extreme danger, even some recognized economists do not recommend it, volatility does not give them, but still they show that BTC has risen and show it as possible bubble, just wait for the fall for them to have more favorable arguments for their ideas. The bad thing about this is that this newscast is seen by many Persians around the world, on CNN in Spanish too, the former Xavier never recommends BTC, in fact they always mix it with the NFTs that are Scam, the truth in that newscast they have a war towards the crypto world.

community ! new investors should to know the huge bitcoin community ,even from the side of the country to the other side of the earth
bitcoin does't move underground with a private system ,bitcoin is very transparent and all transactions are known so there is a high possibility for money laundering to be traced ! Don't be afraid to invest by looking at the slanted news outside because it's all fake ,higher the price it is the proof of satoshi intellectual digital product have many demand

Nowadays there is better understanding, because in the past only news of bitcoin associated with illegal, scam and fraudulent activities gets broadcasted. This gives a negative opinion about bitcoin among common people who aren't good into technology related investment activities. At present often we can see news associated with bitcoin, as more and more exchanges are promoting their services.

Over the past two years, people have a different view upon bitcoin. Now they find it a legit asset and has considered for trading purpose and as an investment.