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Topic: What the true believers know but don't express well - page 6. (Read 15184 times)

legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
From a market speculator's point of view, many do not understand well that bitcoin has had its phases of accumulation, trend and distribution, some analysts only rely on technical analysis to express it, others are based on the rise of technology , which is very valid, but I believe that bitcoin encompasses all these visions and are often difficult to express.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
you are portraying those with bitcoin as members of some cult that are following some belief with blind eyes and closed off brains. but it really isn't like that. the fact that some people own bitcoin and are buying more of it has nothing to do with them just believing in bitcoin. it is about seeing its usefulness and seeing the features that it offers which can not be found anywhere else.
and bitcoin doesn't have value just because it exists. it has value because it has utilities.
legendary
Activity: 2814
Merit: 1192
Do you know what true believers do? They don't try to cling on any mirage with the hope the price will go up and spend each day caring about the price. If you really believe in it you're not concerned with the markets, with how others picture you, how you must attract others to your cult, how to change other's opinion.

Exactly!

I wish the community was more concerned with the survival of crypto than with getting more fiat here and now, but that's not how the world works. I also catch myself checking the price in the mornings when the price starts moving. Usually I don't care and can immerse myself in work or hobbies for a day without even checking this forum and bitcoin charts, but when there's a +/- 10% move I end up getting excited, even though I never do anything with it. I don't buy because I'm out of fiat money and I don't sell because the price is simply too low. I haven't sold since 10k and if I end up having to wait for it to go back to 10k for another 3 years, I will.

My advice to OP and others with similar goals: Buy and forget about it. It will go up I assure you. It may be tomorrow, but it may also be in the Summer of 2020. You can't do anything about it, so why lose time and nerves?
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.

If true cultist believers arrive with pitchforks money to invest everyday why is the price going down?

This weekend was probably the worst with those treads that really reek of dispersion, BTC is better than lotto, the believers are hodling, best times to get into crypto, the halving is coming...and I still haven't set foot yet in speculation.

Do you know what true believers do? They don't try to cling on any mirage with the hope the price will go up and spend each day caring about the price. If you really believe in it you're not concerned with the markets, with how others picture you, how you must attract others to your cult, how to change other's opinion.

You start your speech by claiming not to care about price and end it with "pushing the price higher".
Common...

Many of us claim ourselves as true believers of bitcoin but only few can understand the challenge that bitcoin is facing most of them are just pretending but can't even stand during difficult situation of bitcoin.

Most of them care about the price, I doubt that 1% of those claiming BTC is such a great invention would give a *** if it weren't for the money gain.
sr. member
Activity: 812
Merit: 250
For the true believers, Bitcoin will always have value as long as it exists.

We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.

The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.

It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.
Many of us claim ourselves as true believers of bitcoin but only few can understand the challenge that bitcoin is facing most of them are just pretending but can't even stand during difficult situation of bitcoin. Well you are right but if you are still holding now that bitcoin price isn't good and you still continue on supporting bitcoin then you can still be a true believer.
hero member
Activity: 1638
Merit: 756
Bobby Fischer was right
true what you say, and true believers will never run away or stop forever when the price of bitcoin is destroyed. the problem is that bitcoin will never lose its value while there is still internet network in the world, so don't ever worry about the price of bitcoin if it doesn't grow again because in a long time it will come back again
Never say never... So many various things can happen and make bitcoin suffer even bigger crash.
Natural disasters like asteroids, automatically comes to mind, scary but possible. Obviously in such horrible scenario, cryptocurrency is the last thing we will be worried about.
So far, so good reality is what we are currently in, being a believer may be insufficient at some point. Appropriate action will be necessary, personal adoption to the maximum extent. By this I mean complete and uncompromised rejection of fiat systems.
Throwing fiducial money in to garbage can, to be frank. Extreme measure for the extreme times.
Let us hope such hard choice will never face us but also we should be aware of that beliefs are not solid enough to sustain this revolution. IMO this is something that we believers know but cant express to well because it scares us.
sr. member
Activity: 994
Merit: 302
Most of us here likely aren't rich anyway and hope that we'd get a good profit by investing in bitcoin. From what I've read in past threads, it seems the early adopters here achieved that.

It's those stories that convince newbies to try and hold some of the μBTC they managed to buy.
hero member
Activity: 3038
Merit: 634
It's true but for the HODLERS that has been in the market for years aren't willing to spend most of the bitcoin we held. We spend for some services or goods but we manage to maintain our holdings because we're all waiting for the bull run.

Everyday there are new people who are interested to bitcoin. They are increasing quickly because the character of bitcoin can't be denied and that makes them optimistic to it. As long as there will be new money flowing in to the market, it will increase demand.
hero member
Activity: 3150
Merit: 937
For the true believers, Bitcoin will always have value as long as it exists.

We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.

The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.

It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.

I think that the average bitcoin believer isn't very rich.
Having many btc believers won't automatically increase the btc price,because of what I call "the HODLer effect".Many people have bought btc in the past and they just HODL.They aren't participating actively in the market,thus the price isn't going up,because nobody is buying more btc.
member
Activity: 168
Merit: 15
Future of Security Tokens
For the true believers, Bitcoin will always have value as long as it exists.

I'd prefer bitcoin enthusiasts to true believers. Understanding the protocol behind the technology and acknowledging rhe potential it has to disrupt the financial system, does not mean you would overlook it's flaws as 'beleivers' in any sphere are wont to.

The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.

If I understand this correctly, you mean as investors increase and more enthusiasts join the community, it would support the upward movement of price. And that is true, mass adoption would be pivotal to the growth of bitcoin within the next decade.
sr. member
Activity: 1246
Merit: 252
For the true believers, Bitcoin will always have value as long as it exists.

We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.

The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.

It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.
true what you say, and true believers will never run away or stop forever when the price of bitcoin is destroyed. the problem is that bitcoin will never lose its value while there is still internet network in the world, so don't ever worry about the price of bitcoin if it doesn't grow again because in a long time it will come back again
legendary
Activity: 1918
Merit: 1018
For the true believers, Bitcoin will always have value as long as it exists.

We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.

The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.

It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.
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