Bitcoin Forum

Maybe I'm wrong but I have the feeling that with Bitcoin price growth we have got a lot of new users who are not honesty and passionate interested in Bitcoin but only in fast, instant profit and if they don't get it they got disappointed and give up. Some of them don't even bother to get some basic knowledge about Bitcoin and cryptocurrencies in general. That is also the reason why we see so much panic selling when the price dumps. Is that only my feeling or do you think that also?

Good observation! :) But not everyone does have the time to learn... And not everyone is a technical person yet they want in on bitcoin because of FOMO. But only time will tell how this all plays out

I agree with you up to a point. Early adopters had deep knowledge on bitcoin whereas nowadays many people get into it because of the price highs.

However, I don’t think it is that bad. If you only have quality users you are not going to have massive adoption, and the other way around but there are some users that get attracted to bitcoin for the price that, as soon as they get into it, they become interested in blockchain technology and other aspects so they educate themselves and improve their “quality” as users.

Right said. Because of Bitcoin popularity, a lots of people come to use Bitcoin. But they don't have proper knowledge about Bitcoin. They come on cryptocurrency by knowing other. But they don't study about Bitcoin and cryptocurrency. That's why we face the problem.

Yesterday, an old colleague asked me about bitcoin. I shared some of my basic knowledge that I think he should know. I also provided him some links to where he should start reading to learn more about cryptocurrency. But he ain't got enough time, He just bought some mBTC and said he'll just observe its price. Don't know if it's a good thing or what. But I won't consider him as a low quality BTC user. I think BTC doesn't have any QC for its users. Anyone can be a HOLDER if they wanted to. They don't need to be active in researching and/or trading to be considered quality BTC users. Just my opinion.

Couldn't agree with you more. Bitcoin holders back then really knew quite a lot about bitcoins than most of the people today. Because a lot are only into bitcoining because of the profit they expect to get. Amd simply because, they just want to be in the new trend and not get left behind.

Kniwing human nature, this was already bound to haopen ever since. Because people will always take advantage of everything they can for as long as it is good for them. Some don't even bother to stop taking advantage unless things get ugly. That's just how things work in this world.

I see your point, but i think it's not just because the price of bitcoin is high that's why they were here. There are people who is really interested in learning what bitcoin is but the information that is provided to them is not so easy to understand or maybe not enough in order for them to learn bitcoin deeply. However, i agree with the idea that people will adopt slowly and will eventually find more informations that could help them, so that they'll be more aware about bicton and cypto currencies.

Inevitably those people with a real passion for bitcoin are likely to have been the early adopters and many now who discover bitcoin are merely doing so because the several reports of new all time highs, however it does not mean that they cannot one day grow to have the same level of knowledge and passion for cryptos.

New users are with bitcoin mostly for different reason - money. First users were there because it was an exciting new technology which offered the possibilities that were unthinkable before. And it was not commercially significant. It is totally different perspective on the issue.

I don't think it is necessarily a bad thing that people hear about the concept of cryptocurrency via mass media and decide to come onboard. For most, bitcoin is something you simply invest in, like stocks, or dollars. You don't have to know every single detail, like nodes and miners and whatnot. All this is pretty much a non-factor for the layman.

You are generally right but don't struggle with new generation users. All of us were like them at first. Then we spend out time on BTC and understand what is BTC. Trust new coming generations. They are going to do it better than old ones.

TBH, it's kinda difficult to fully understand Bitcoin and its technology, and the fact that it works perfectly to "easily" profit on makes it attractive to the casual user.

I have knowledge of bitcoin since 2012, and I didn't buy my first 0.03 bitcoins 'till 2016. I know it sucks big dragon balls, but whatever. Now I'm not only profiting on it, but getting myself more into blockchain, altcoins, and other tech-related stuffs, so I'm on my way from being a casual user to a quality user.

Surely, more people will do the same, given proper time.

You're not alone on this observation. You have no idea what I feel with what I have been seeing especially in facebook groups. Lots of people always asking first how will they earn in btc then other people responding by posting referral links which causes many people to get scammed. I haven't seen a single member asked what is btc and how it works. I understand that not all are aware of cryptos and not all are into tech. I don't claim to fully understand everything about crypto. I haven't grasped all the technicalities but I know deep in myself that I understand it to my best knowledge and I'm not just joining the hype. I know the importance of btc and I've made my own research.

i knew about bitcoin in 2013, didn't care about it at all.


jump forward to early 2017, learned bout it (still learning, kinda late, i know), and i see now people are treating it like some kind of investment, not crypto currency.
i myself still using it as a payment method.

I feel you. I also think that most of the newcomers here does not want to know about Bitcoin but they just come here to earn Bitcoin. Hell, they even call this forum Bitcoin! Their mindset about Bitcoin is a way of earning, and that's all. I do not know how will this affect the market but I am bothered about this.

Of course this is the case.  People here might not be old enough to remember the big
comic book boom of the early 90s.  Speculators (not collectors) bought tons of comics
with the hope of putting their spoiled brat kids through college with all the money they
were going to make.  Didn't happen.  But this happens during every bubble, new people
who have no interest in X start buying up X and driving the price of X up to record
highs.  And yep, that's happening with crypto right now.

Obviously newcomers will have that fear and start panic selling. But these kind of users are also necessary for the dump and pump game that happens with almost all cryptocurrencies. 
Other thing is, people are impacient to get some money nowadays, so that also make the less knowledgeable just invest for a little time, and sell for some profit.

Just as bitcoin grows the same number of new users are gaining more experience every day. This is a very good phenomenon because the more people who know about things the better for the market and the future trade.

Yeah your correct on that matter. Newbies on bitcoin are just wanted to earn income from bitcoin and they even not read anything about it. Like what I always read on a social media group they are all asking ways to earn bitcoin, how to double bitcoin, etc., and no one will asks you about its history.

I am one of the non quality Bitcoin users actualy, but I want to learn and support ohers.
But due to the actual discussions in the news and in private chats with friends the BTC Community is getting bigger and bigger.
Which means, that many new users join and only want to read, get informtion how to get rich fast or other  "non-quality" activity.
If the big Hype is over, it will be better again and only the real interested person will stay and comment. This time is actual far away.

A question for the community, what is the definition of a quality Bitcoin user?
Technical or Economical education or big knowledge or with interest in Bitcoin and all things around BTC or another definition?
If this Site will be overrun by many "newbies" like myself, it could be an idea of seperate the Forum in two Forum.
Have seen it at another Theme. First Forum you can join and discuss or spam a bit (not too much) or be only there for fun.
After a fixed amount of time you can request a membership for the other Forum and the Mods and Admin will check your posts and decide about accept or decline it.
Works only with experts in both parts, but could be interest to get new members and hold a quality level on the other side in the Main Forum.

One of the bad things actual for me, or the worst thing:
After one Minute, you have 6-10 sides of "unread posts since last visit" and it is impossible to check all for import new posts.
I know it and check my standard discussion theme boards one after another.Only one or two times a day I check for unread posts to see, if there is something interesting.

A lot of those users, we cannot do without them because in as much as what they are doing, they lose faith easily and dump, they are equally needed for the growth of the industry and not everyone who start out without such honesty ended being one. I for one was initially carried away by the news of the moment but after a lot of reading and understanding what bitcoin is really about, the mentality then changed which is what we can only hope for in the case of others.

You're definitely right, but I don't think we can blame all newbies for jumping into Bitcoin, mainly because of the fact that it is an insanely lucrative new market for them - we just have to accept that the far majority of the people here all only interested making profits. At some point when they grow out of their noob shell, they will start to develop a better form of understanding if they really see value in what crypto has to offer (aside from the financial aspect). And yes, the lack of Bitcoin understanding is what makes people end up selling their coins in panic. People who don't understand Bitcoin, or this market, don't have any confidence in Bitcoin and what it stands for. At the end of the day, it's their loss, and I don't really care if they sell their coins at a loss, because I am there to buy up these coins at discount rates, and sell them their coins back with a massive premium. ;)

I agree with you to some extent, because it all depends on people's psychology and here in cryptotrading not all are passionate about trading crypto's nor they are having time to master themselves in Trading skills . And you said it right, it all affect the prices due to panic selling by the people. Actually people are just trying to make some bugs from here and there, and i don't think they are really interested in trading bitcoins as it involves heavy risk due to high volatility. But they don't understand that by this way they are just doing time-pass. But i am sure that quality of bitcoin will start increasing slowly as people start learn and educate themselves in bitcoin trading .

This is a normal practice not only in this area.

It's always been like this. However, due to the popularity and exposure Bitcoin gets on a daily basis now, we see more of it. There's a lot more people who are new and will want to ask questions and make themselves known this always happens, it's just more noticeable now that we have many more people who are new. 

This post might be criticizing the likes of me. Well, honestly, I do agree with what you said. People are using bitcoin to gain money, not knowing its knowledge and so on. But, these people saw hope in bitcoin. Their government failed them. No jobs, no opportunities. That is why they took this chance to gain money. Do not blame them because they have their own circumstances. Not all people have time to settle down and do their own researches. Some people are devoting their time to invest in bitcoin because the latter did change many people's lives including me.

What quality you wanted specifically,if its the whales or those who really dig into research,then maybe there are few left, but who knows those users might be richer than anyone here soon,since they worked too hard yp earn some amount and while earning I think they're also gaining some knowledge t. It just needs more time.

As far as in-depth and technical knowledge of bitcoin and cryptocurrencies is concerned I agree not everyone is technically sound but it doesn't necessarily mean that they don't have the feeling for bitcoin or other cryptocurrencies which the tech savvy people have, they are loyal supporters of bitcoin and they want it to grow. Having said that I must admit that of course there are people who are into bitcoin and cryptocurrencies only for short term gains but I think it's common when something called mass adoption comes in action. Finally I conclude that there are all types of people in bitcoin and cryptocurrencies field both loyal supporters and people with short term goals.

At first, new users would be attracted on the price and earnings with Bitcoin, as time goes by, they eventually seek more knowledge about Bitcoin. As they continue to witness and understand the value of Bitcoin, they will started to be passionate.

In fact a lot of people are regularly using bitcoin, they use bitcoin as a routine for buying and shopping stuff of their daily life. In fact such people have good opportunities that in their area even the local shops are also accepting bitcoin from them. i think that with the passage of time the number of good and quality users of bitcoin are increasing because more and more people are accepting  bitcoin as regular currency.

I believe in what you say. As far as bitcoin's concern,quality users are notjust showing how good they are at selling,holding,trading and a lot more. They are also particular with what they experience in handling bitcoin for years so that they can share to others on how to dome techniques in dealing with bitcoin. It's not that we don't get quality users anymore but we are preparing users to have quality with regards to bitcoin. Preparation is very important so that there is still quality users with bitcoin.

That may be true but we can't blame them. A lot of the users here take advantage of the opportunity of having a sideline income by earning bitcoin without actually knowing fully about what Bitcoin is. Most of them are unemployed or have low paying jobs so they are desperate enough to resort to this kind of means. Most of signature campaign participants are in this situation because it is fairly easy enough to earn through this kind of means - all you will be needing is an internet connection and a working device like a laptop or mobile.

We should push for bitcoin education among the bitcoin users so that each user would know the different aspects of bitcoin. I think that these 'low quality' users will grow to be better bitcoin users in the future as they get to know more about bitcoin, and they will develop a passion for it.

That's only your feeling. many ppl come to bitcoin in this year and of course most of them are newbie. It's normal if newbies have weak hand or don't know much about bitcoin
blame the hype

Bitcoin is decentralized as the comments says. So no one is able to ban anyone to use bitcoin. There are no laws that prohibit a person for using bitcoin. As the bitcoin popularity goes high, more users will come but not all of them has the knowledge of what really bitcoin is. They maybe thinking that it does not matter anymore as long as they have money to buy bitcoin for their own. The question, does it really have a bad impact to bitcoin by gaining more users?

I believe you are right and wrong at the same time.

While it is true that people invest in bitcoin without knowing about it and thinking that price will boom in the future so they can grab profits from it, it is also true that these people are human and not bots. They have emotions and that is why they cant bear the thought of losing their money. Hence they do panic sell and often question their decisions. That does not make them "bad quality users", in fact you cannot judge anyone on the basis of their trading methods.

all in all, bitcoin is another currency where you can speculate the market same as market options.
For anything there are believers, holders and people who trade just for profit, this affect the market every now and then, what should scare BTC are the whales; these people have in their hand the possibility to move the market where they want.
I personally don't care about the casual traders, can they affect the price? yes, but not by big margin; casual traders are charmed by this new technology and they see profit on it, most of them fail hard and lose the investment, the smarter ones will stay in the market and will continue trading low/high

I totally agree with you on that matter. Because of Bitcoin popularity rise in this year there are a lot of new people who think they will get rich over night. And when small drop in price happen they panic, because they know nothing about Bitcoin. They can not harm Bitcoin with their ignorance, only its price and by a little. People who don't want to learn about Bitcoin and do trading, they "go home" fast disappointed. But I think that is normal, and that in some hand they even helps Bitcoin.

I guess your point it right!
In the beginning people just had interest, what bitcoin is and didn't believe to much in it!
Now everyone is so addicted to get income, now the only fact that bitcoin is always growing! That's all!
I feel really pitty about that!

I agree with you on this one. Most of the people who own the coins is just seeing it as a thing that you can buy at a low price and sell when price is higher. Not most of them can see what bitcoin can really do. How will it be accepted worldwide and by most people.

Well maybe the coin is still on the phase of being introduced to more and more people and the way to introduce it is by letting them know that you could earn if you invest on this coin. By just trading this coin you can earn.

These people probably the most. People built bitcoin to the rank of God and hope that he will make everybody rich. It seems to me that the main advantage of bitcoin is that it provides freedom to the users. Everyone who wants to work can have enough money and not depend on state-managed economy.

Most of the users are know about the bitcoin. But all them are not proper knowledge. Because bitcoin forum update day by day, we must watch the bitcoin notification.
Some of the users are follow the bitcoin updates. but these users are also forgot the updates. Because we have many work in day to day life. Who are all cope up the work pressure and bitcoin. They only rule the bitcoin, others are not developed in bitcoin   

Any investor join bitcoin is interested in profitability. There are many investors interested in immediate profit, they buy low prices and sell when it's high. But many investors see the value of bitcoin in the future so they hold it.

Many investors are only interested in profits and they overlook other potential factors. But Chinese investors choose to lower the price of bitcoin to buy and push higher prices to sell. They are really wise in business and you may be thinking too negatively about this.

My opinion is the same with you. Many new users are like that and when dump happens they are easy to panic
maybe they knew Bitcoin only through the news and did not learn Bitcoin technically. But I'm not worried because I think it is the beginning of interest sooner or later some of them will learn Bitcoin technically

most likely you are lacking knowledge about the basics about this bitcoin forum especially by trading You should really know which one is best for you to invest on quick coins to get good results. especially this is the fact that this is a new market that is very much in your favor, we just have to accept that most of the people here are all interested in the profits, the lack of bitcoin understanding. So they have no trust in bitcoin that makes people sell their coins in panic, because they lose the profits of selling coin with loss.
and I do not think that you are really interested in trading in bitcoin because of its high volaliarity. I am sure that bitcoin is currently a lot of new users especially in my country which is very profitable for them to get a lot of results, or to get bitcoin which is a lot for the needs of the future is very bright. this is your idea that is very appropriate for investment in bitcoin at the present time also because bitcoin price is currently very cheap compared to the future

all new users just want to adopt bitcoin and they take their own benefits instantly from the bitcoin results even from new users only use bitcoin as their livelihood to meet the needs and very different from the quality if the user of that quality only explore how the technology work well

Not everyone are easy to learn when it comes to technicalities. It is always a learning process. Others would start without any idea but eventually the will do understand the details about bitcoin. But we must consider also that those new and unexperienced users are indication that bitcoin is getting more and more popular.

obviously, the past people might quite higher in the ratio while comparing with the new comers as the best quality bitcoiners since they came due to the passion and eagerners towards it. New comers are attracted towards the money from bitcoin, they are much eager to earn money and to double the money. They dont want to know the history of bitcoin and cryptocurrency. The person who have strong passion towards it and much eager to know more and more about bitcoin by giving first priority will be the best quality bitcoiner, its not upon past people nor new comers.

You see, the issue is, a lot of people only consider their own selfish interest, I mean just the money consciousness and forget that it is also meant to promote other crypto-supporting industries.

I agree with you up to a point. Early adopters had deep knowledge on bitcoin whereas nowadays many people get into it because of the price highs. Right said. Because of Bitcoin popularity, a lots of people come to use Bitcoin. New users are with bitcoin mostly for different reason - money. First users were there because it was an exciting new technology which offered the possibilities that were unthinkable before.

HI, BUDDIES


I Agree with your observation..
it good analytic , no one think like you..

I think so too, many people who invested their money in bitcoin only want to gain profit, they even never wonder what bitcoin is and how bitcoin works, that they know bitcoin is offering many profits than other investment.

Majority of people came in to BTC to get rich in a few days... They dont understand the revolution behind crypto

Yes its the bitter truth.For those new investors,bitcoin is just like gambling.They invest in bitcoin to try their fortune.If they get profits,they continue to hold and if they find a small dip,they just sell their bitcoins and just walk away from the market.

After you get 1 profitable investment I believe it will be a great pleasure and you will not stop?

I also think that one. Many bitcoin users only thinks about the money they will earn in using bitcoin without considering the fact that knowledge should be their first priority. It saddens me that most of the people for example in this forum or other sites, those people do not read some articles related to cryptocurrency and they just want to make posts for them to earn without thinking if their posts have quality.

A lot of people jump to Bitcoin because they saw a huge profit that they can earned through investing, they just follow friend's advice and just put the money, many of friends also do the same, they don't know that Bitcoin is a currency, and they don't care what is the potential of Bitcoin ,they just know they want to earn profit

Hello guys investing pretty good stuff I'd like to share my profit that finally took the project's Eyes off the monitor. I invested a month invested

Honestly this goes hand in hand with bitcoin becoming more widely known lots of uncommitted buyers and opportunistic sellers but tbh thats the whole point of a currency and its on that kind of use that something develops.

I can confidently say that most of those who decided to invest into bitcoins for just the huge profits have all stopped due to the value dropping in recent months, Its only those who believe in the value and ideas of Bitcoins that are still in the game of investing.

Which is unfortunate because if those panic investors had remained they probably would stand to gain a lot. But then again we need them so that the smarter investors can make the lions share of profit. I go back and forth on whether I want quality users in Bitcoin right now, all I know is that I want quality in the end.

In my opinion, the users who bought BTC during the hype are those who just heard from their friends or mainstream media about BTC and do not really understand the purpose and technology behind it. Most of them have the misconception of 'get-rich-quick' scheme in crypto, causing a parabolic rise in price. They easily got affected of FUDs, resulting to panic selling. I am hoping for them to learn from their previous mistakes.

Well I agree with you, some just used all their savings to invest on Bitcoin to gain or to multiply their money, but on the process they got disappointed since they have to hold and wait and their patience run out then suddenly withdraw all their coins, turn it to fiat and return it to bank, its their fault in the first place not knowing the basic of all.

Yes the slot machine players have taken over and bankers have taken over the network
which you knew anyway when fees hit $55 per transaction but anyone who's still under the
false impression that "All is well" are advised to read the lightning white paper
https://lightning.network/lightning-network-paper.pdf which is a bit of a smog screen, just search for the
term "Fees" and "Savings Account"

Here is a video https://www.youtube.com/watch?v=UYHFrf5ci_g and here is a map of the current network
as inter-branch connections are being setup and tested https://lnmainnet.gaben.win/

You can contact Mr P Noon who's the project leader on Lightning Network with any concerns but he's not answering
any emails just now, I know because I tried that route already.

I agree there many users like me but we cannot deny the fact that bitcoin for the other is business as long as they get a profit they did not think that bitcoin can be more valuable for a long term investment and most of the users now did not know the cycle in this crypto world so the result they fear to lose their investment.

Or it could be the case where people are not getting into the bitcoin as it is difficult to get enrolled at this very high point. The prices are already so high and whenever there is new person coming into the bitcoin then I am pretty sure they might be doing coupe of thousand investment initially and might just end up with max 1 BTC investment. Thats hell lot of money to put into stakes at least fro the new comers. So in general people are trusting the bitcoin but they are making investment in small chunks and thus the bitcoin is growing slowly and slowly all the time.

I partialy agree. It is true that many people here are only after money, they believe that Bitcoin price will continue to increase even though they don't know much about it. I'm kinda angry when I hear someone who tells everyone that he invests in Bitcoin but he can't describe it properly. Usually he gives some generic information which is not really correct. However, there are still many people who get really hyped up about Bitcoin as a future method of payment. I hope that there will be more people like that.

This is one of the problem why our community is getting worse because most of the people are just putting their money and getting into bitcoin without paying attention to the real essence of the cryptocurrency like bitcoin. If you ask them why they are here, then they will only tell you that they are here because they want profit and it is one of the trending investment which is a complete bandwagon person that is making the image of bitcoin worse.

We are already there, my friend.

Crypto was created as an escape from the tyranny of big gov and banks.

Now people are salivating over centralized banking coins and paying taxes.

Crypto will always have it's true followers, but this is always what happens when things go mainstream.

Yes I totally agree with you, majority of the new users are "hypebeast". They bought bitcoin without knowing the essentials of it, but we can't blame them.

I think it is normal. Bitcoin had a big hype in the last of 2017 when bitcoin price was sky high. Many Newbie user has come in that time but they don't know how bitcoin works, What is the Bitcoin. They came into the blockchain platform to make good money and some of them are hold bitcoin by hearing 30K USD hype and they are suffering now.
Day by Day, Lots of new user will come in Bitcoin Platform. We don't blame them, rather we should teach them what bitcoin is.

Don't worry mate, there still exists a bunch of real Bitcoin supporters. I'm one of them. There are a lot of people here where I live who devoted their lives to mining.

There are still a lot of quality bitcoin supporters in the market but now there is also a lot of bitcoin investors who do now understand the project or what bitcoin even is. They do not understand the chart and see that this is normal market movements and so any drop in price scares them ane they start to panic sell but the main bitcoin investors still remain

It's not just your feelings, I'm also aware of it. Now that bitcoin is popular, but its popularity is due to its benefits only, it would be nice if bitcoin is popular by its function.

You dnt fnd any one?brah im here 😁 i support it from the bottom of my heart.it is giving me money so its my holy dity to support it.

People who experienced both good and bad in bitcoin they will always support to Bitcoin because they know how this crypto market will work in real time. But because of this newcomers, half knowledge decisions making Bitcoin worse day by day. I think one day everyone will understand and support Bitcoin.

Yes there are a lot of bitcoin investors who doesnt have enough knowledge about bitcoin that can cause a panic selling when the price suddenly down because these investors are the type of investors who are wanted to join in the trend without having an enough study and learn all about the bitcoin that can cause them to loss money. It is important to know what bitcoin is all about so that we can use it to support bitcoin whatever news or happenings are happen that can affect the market and this knowledge also help us to hold bitcoin or buy more if the price goes down.

i agree but let us not forget that bitcoin is mainly a business, users tends to buy for the purpose of earning, just like any businesses and investments, there are lots of investors who are dictated only by their own impulse, some are just testing the waters, so they can easily be frustrated if they have loose some amount, though there are so many users like this, let us also not belittle the pioneers who are still into bitcoin, who made bitcoin remains at the top crypto in the market today, they have survived from day one and up to this date. but all of these are part of the community that creates traffic and created bitcoin price movements, the more investors come, the more lousy traders are out there, the more we gain.

With all the hype that is generated by bitcoin I do think that most of the people who are newly joining are those people who just jumped right in without any research or without even any known facts about the cryptocurrency market that they are gettinng thenselves into. As such this results into a lot of back and forth and a very panic emotional climate once the going gets rough which I believe you are also leaning towards when you made this point

Its true that the current BTC users tend to panic alot and sell too soon. such are the reasons as to why the value drops.most of the new users are in BTC for the profits and do not really beleive in its project

I don't think so because even if the newcomers are just here to earn which is also the reason for most of usthem that doesn't mean they no nothing. Remember that bitcoin is an investment and you have to be wisecareful and smart order to gain your money. You can't just go here like that it takes mind an strategy.

In order to succeed in this forum you have to be smart enough. You can't just put money and wait until it grows. It's not just about your capability to invest in bitcoin but you need to have strategic mind. It takes a quality mind to be able to do your goal in here. Here in bitcoin we need to work smart than hard.

Well, I don't think that there is something wrong with the people because anything that has given 800,000% returns in less than 10 years has a capacity to attract a huge number of investors. However, this is a matter of time and I am optimistic about the growth in the coming years. We don't have Bitcoin/crypto friendly market environment as of now but we will see sustainable growth in the utility value of it over the period of time and mass users will shift the focus from speculation to utility down the road.

yes, you are right, and that is the reality now, spirit and interest in bitcoin but not having knowledge of the crypto world is a big accident.

one of the things that affected bitcoin prices dropped yesterday is that many new members, and do not know the bitcoin, so the bitcoin price will still go down if there are still many sellers who panic.

I guess I do see that. But maybe we should expect it. When this was a small project the people who were interested were money nerds, hackers, economic freedom types. These demographics are people who basically understood the ideas of the white paper.  When the price went silly high it began attracting more and more delusional get rich quick players.
Increasingly people said they were "investing" in bitcoin, not using it. The irony is that sort of activity is not very productive in an economy and creates wild swings in valuation. As long as we have a speculative economy you should expect boom and bust cycles with 50% + drops. Since our new "investors" often have little or no knowledge of programming, cryptography, or economics... They are easy prey for alt-coin scams and fear based social engineering.
It can all make for an ugly scene, but this is what we have and none of us has any more power to change it than the next guy.

Early adopters of crypto had deep knowledge on bitcoin whereas nowadays many people get into it because of the price highs.

However, I don’t think it is that bad. If you only have quality users you are not going to have massive adoption, and the other way around but there are some users that get attracted to bitcoin for the price that, as soon as they get into it, they become interested in blockchain technology and other aspects so they educate themselves and improve their “quality” as users.

It is actually depends on the sub-forum that you are talking about, and the topic that the users are talking about. If you talk about shitty thread and shitty sub-forum, then your point might be right. I also think that your point of view is the same as my opinion. There are a lot of users in this forum that only want to earn money from Signature Campaign. I am one of them and I admit that most of my posts are not qualified post or not a good quality posts. Most of them are just garbage and wasting time. But if you talk about some serious stuff about mining, trading, and investing, those topics may be a good quality thread and only serious people will discuss about that.

I think to some degree the quality on the whole is likely to diminish over time, this is simply the way that technology works. The elite level specialists usually get their hands on it first, then it trickles down to those who are technically proficient, before then being accessed by the standard person, and finally then accessed by the technologically illiterate.

That being said, there is still a new wave of people who take the time to learn, and eventually build themselves up to be masters in the industry, these didactic individuals are present in nigh every industry and ensure that the flow of new talent is always consistent, as there are always new generations of people looking to involve themselves in tech. I also think that public resources on bitcoin and supporting technologies is becoming much more widespread, this allows those with the desire to easily educate themselves in things like Blockchain, Solidity, Node.JS and other core languages to keep generating a steady stream of pioneers.

Hopefully this trend continues, it is true that most of the game changers have been early adopters, e.g. Vitalik Buterin, Zooko Wilcox etc, but there have definitely been some promising ICOs lately that don't appear to have been started by the first movers, e.g. NEO and ADA, but regardless usually have some oversight from early advisers. I guess that's the nature of all games, you either get in first and become a whale, or scrape your way to the top as the climb becomes more congested.

Never stop learning people. You might become the next Satoshi.  ;)

Everyone was a noob once. People entering crypto right now will have time to educate themselves. Plus, people entering now have a lot more to lose. People who bought btc at $200 are sitting and chilling, while those who bought at 20k are panicking and the ones who are selling..it's kinda logical when you think about it.

It is the same with all that is new. First it is not interesting, then it becomes interesting, and finally, everybody starts following it, more or less.
It is normal that in this "overhype" phase we have a relatively whole lot more non-quality users, but we also do have an absolutely greater inflow of quality users as well.

So - relatively speaking - you are right, and absolutely speaking - you are not right. More and more good, technically or economically skilled people who trust the project are joining every day, however much more of those looking for short-term profit are joining too.

Many investors are only interested in profits and they overlook other potential factors. But Chinese investors choose to lower the price of bitcoin to buy and push higher prices to sell. They are really wise in business and you may be thinking too negatively about this.

I think, we can get a quality users in bitcoin because, bitcoin is a opportunity easy way to earn lot of money. It is easy job to earn money so, it is a good quality to everyone. We can get a quality to earn so, I think it is not cause to everyone to didn't get quality users in bitcoin anymore. Bitcoin is a life of everyone if have no job and not good salary so, bitcoin is a quality to get it.

I agree with you some how,  it is actually those participants that has little or no knowledge about bitcoin that create so much panic in the system but I think we still have some quality users of bitcoin.

According to my experience we can get a quality clients in bitcoin in light of the fact that, bitcoin is an open door simple approach to acquire part of cash. It is simple employment to win cash along these lines, it is a decent quality to everybody. We can get a quality to procure along these lines, I think it isn't cause to everybody to didn't get quality clients in bitcoin any longer. Bitcoin is an existence of everybody if have no activity and not great pay in this way, bitcoin is a quality to get it.

With the rapid growth of BTC, many investors just use gambling mentality to invest in BTC!

They are not willing to learn the knowledge of blockchain at all. They can only use panic selling when they hear some bad news and have no ability to judge the truth of the news.

yes, but they have a more negative impact on the market, so I think newcomers should many ask to bitcoin masters, or join bitcoin communities to receive knowledge about bitcoin.

so they always get guidance from the bitcoin master and minimize panic sales.

The last bull market brought in a lot of new investors into the market who didn't understand how bitcoin or the market itself works and most of them just panic sold when the market started going down but the real bitcoin investors are still in the market.

Such people will always be a lot in the sphere where you can quickly make big money. This is absolutely normal)

Basically all people here are about getting profit.
Yes, I'm sure there are people that are really interested about the internal mechanics and for which profit is a byproduct but they must be really few.
Also bitcoin is pretty complex and in order to be passionate about something you must understand it.
And basically all tutorials are (I don't know if intentionally or not) complicated.
People should be helped to understand it in order to use it properly and, of course, to like it.

It has evolved. What do you expect from people who post threads about "The price has fallen, is this the end of bitcoin?" And when you check the price, it only dropped by $100. These people are fake. All they care about is making profits while forgetting the main reason as to why bitcoin was created for. But you know, we cannot do anything but try to correct them hoping that they learn something useful. But I doubt they will.

Why you say not qualified bitcoin user? Before we join lets find out what bitcoin is?or did it start and learn bitcoin first by reading, researching and watchin videos for you to get idea of how to trade and how buy. We need many considered when we used bitcoin be patient and most of all we dont panic to sell bitcoin when coins is going down we need to control our emotions and being positive.

I think the the new member come in this platform through many ways. Some come by well known, another come by reading newspaper. Some come by knowing from their friend & with curiosity. But the mentality of all member is not same. Among these mentality of some people are grown positively. And some dropout. But we have to remember, this is the way every platform construct.

You see, the issue is, a lot of people only consider their own selfish interest, I mean just the money consciousness and forget that it is also meant to promote other crypto-supporting industries.

We dont get quality bitcoin users anymore because of they dont even bother to gather and analyze informations more.They doesnt even try to invest time to have knowledge about bitcoin, and analyze it , so the quality of bitcoin users gets lower and lower.

For all new users can only adopt bitcoin and they take their own benefit from bitcoin results even from new users can only use bitcoin as their livelihood to meet the needs and is very different from the quality if the user of that quality only explores how the technology works well. 8)

Unfortnatley the majoraty of ppl will be like that. You can take by example the usual fiat money... almost everybody does not know the minimum to saving or investment. It is not a crypto reality, it is reality itself.

It is a reality that exists whenever the masses get involved with anything. I don't think we are actually "there" quite yet but it does seem that we are getting close. Give it another couple years.

They're the ones who invest because bitcoin is being hyped. I guess that's what makes you say that the quality of bitcoin users is getting worse. They are just the origin of trying, they think, they can benefit there, but in the end they're disappointed. Only those with strong intention and high learning spirit can benefit from bitcoin.

I think others just do bitcoin for its price and for the profit that they get. They are taking the shortcuts by not analyzing and understanding what bitcoin is. They focus more on what they can get but not what they can be more better, we do not get quality bitcoin users now because of the greed. Bitcoin is now getting the QUANTITY but not the QUALITY USERS.

I always think about the same thing. These days people come and buy bitcoin without even knowing exactly what it is and how the system works. They do that because it is very easy to buy crypto, now you can even use your credit card and everyone is talking on the internet about huge profits made from Bitcoin. It's just stupid to invest your money in something just because some says to do it.

most likely you are lacking knowledge about the basics about this bitcoin forum especially by trading You should really know which one is best for you to invest on quick coins to get good results. especially this is the fact that this is a new market that is very much in your favor, we just have to accept that most of the people here are all interested in the profits, the lack of bitcoin understanding. So they have no trust in bitcoin that makes people sell their coins in panic, because they lose the profits of selling coin with loss.
and I do not think that you are really interested in trading in bitcoin because of its high volatility. I am sure that bitcoin is currently a lot of new users especially in my country which is very profitable for them to get a lot of results, or to get bitcoin which is a lot for the needs of the future is very bright. this is your idea that is very appropriate for investment in bitcoin at the present time also because bitcoin price is currently very cheap compared to the future

Not completely wrong but people tend to go with whats "in" or "trending" but some of these people have the right mindset when it comes to this and of course some don't. That's why the quality of the users nowadays varies from determined and has the thirst-for-knowledge people to people who's only here for the money. Personally i think i'm in between 😉

Well, all the noob investors can't be quality, but you gotta understand that you and me (and all others) were once noobs as well. Give time to new investors to learn the industry and they will become good investors just like you and me  :)

Any investor join bitcoin is interested in profitability. There are many investors interested in immediate profit, they buy low prices and sell when it's high. But many investors see the value of bitcoin in the future so they hold it.

Even though I fit in the new users category (as I have been in cryptocurrency less than a year), I have to agree with you regarding too many people rushing to invest and then panic selling when things don't go as "planned". In my case, of course one of the things that attracted me to BTC and cryptocurrency was the possibility of making a good profit but I also enjoyed learning about it and understanding as much as I could before investing (I still have a long way to go as I have yet to do any trading).

That can be said about the users when they started dealing with bitcoin when there is no incentives and the value was zero, after 2013 i am sure majority came into bitcoin because they knew they have a potential opportunity to make some profits and i never expected to make a fortune when i started out, just wanted it to purchase things and have fun basically and it turned out to be a good investment.

Most of new comers are only interested in the profit behind Bitcoin and other cryptocurrencies, they don't even understand the technology behind it.

Sad to say but that is the reality that most of the newcomers are after the profit and opportunities that bitcoin can give, but for me it is fine we are all here creating name for bitcoin and I know that we are all contributors to what bitcoin has become right now.

we abt hide the truth and all of us this is wanted for not for the newcomers that they just want to earn profit here in crypto world.

Its unfortunate but its true that there is no more quality BTC . No one believes in the project, infact few people even research on bitcoin, its reputation has grown so large and has attracted people who only get into BTC to earn profits and thats all, no one wants to know more than the advantages it has. The crop of people we currently have on board are pure investors who are only interested in the profits  and nothing more,, all that i important to them is what they get out o BTC and not the project itself

the new users enter with the intention that wanting to earn money in a way, it's not bad at all! But as the bitcoin's popularity grows, its experiences grow

Agree on all 100%. But this is not surprising. Because inexperienced users are an integral part of the existence of any market. On such people earn and the market breathes.

There are a lot of people who are using bitcoins only to make a living out of it, and this is more than true to be honest. Most of those guys do not even know how it works, why the price grows, or for what kind of purposes it is useful.

Because more and more people know that using bitcoin can benefit so many people just want to generate income from bitcoin and that is where many people who are not qualified who want to use bitcoin just a profit. It is now very little people who qualified using bitcoin because it is filled with people who want to get the benefits of bitcoin alone.

Indeed it is the fact that no bitcoin users are qualified because bitcoin is known as a money-making machine by people nowadays and bitcoin users have become none of its quality is only concerned with profit and that is one reason why bitcoin users are rarely quality.

well I guess there's still quality one, there are some who never made it obvious or quiet about it but I believe there are bitcoin user out there who are really qualified and knowledgeable enough when comes to this area, they're expert and some are still learning from it.. we cannot expect them to learn it all...knowing all about block chain and cryptocurrency takes time we just have to be patient and believe.

hmm, new users are good. it brings the value of coins to the higher place.
but dont expect something from them. they can dump the coins later if they not achieved their profit.
but it still good, at least they know that bitcoin exist, and tell the other investors.

We absolutely share the same thoughts on this. But this is not something new. This has been the case ever since Bitcoin started to grow very fast from a few cents to a few dollars. This is the primary reason why some financial and currency experts around the world are saying that Bitcoin hardly meets the status of being a currency. But how can we avoid people who are purely Bitcoin investors when the price is predicted to even grow higher?

I shared some of my basic knowledge that I think he should know. I also provided him some links to where he should start reading to learn more about cryptocurrency. But he ain't got enough time, He just bought some mBTC and said he'll just observe its price.

I do not think that bitcoin use require any such qualification, we have learn how to use bitcoin in few days, we do not require any proper knowledge about it, i think that it is too much easy to use bitcoin. Bitcoin is in fact becoming the main currency, and hope that very soon we will be using bitcoin for everything we want.

I agree there many users like me but we cannot deny the fact that bitcoin for the other is business as long as they get a profit they did not think that bitcoin can be more valuable for a long term investment and most of the users now did not know the cycle in this crypto world so the result they fear to lose their investment.

you are right but not everybody is like that you know, we play by a different Rules

This is indeed so. I would even say that a very significant proportion of people who started buying bitcoin from the second half of last year did it only with a speculative goal - to get superprofits from raising its price. They were not interested in the advantages of crypto currency and bitcoin itself. First of all, they needed profit. It is because of this that bitcoin so rapidly began to rise in price and began to manifest itself as a financial bubble. After bitcoin began to fall rapidly in price after December, many of them in a panic sold their bitcoins and suffered significant losses. After that many of them for good or for long time left the world of crypto currency. This has happened before and will continue to occur.

That is exactly true sir, but it is also a good thing for us, we know that not all people will get profit on bitcoin some will loose some will earn and the most earners are traders who is studying every ups and downs, every positive or negative news that is happening on bitcoin. those panic seller's just what yous said are all newbies who want's easy profit and putting their emotions to their investment and the result is profit for traders who are passionate and interested in Bitcoin. :)

in my opinion we can't remove it totally but it has been filtered look at what happened on this huge dips last january 2018, we know that when the news spread that bitcoin increases and increases it's value a lot of new user's invested to it without studying bitcoin and after a lot of selling happening they do panic selling (let us be reminded that those new user's are also the cause of increase of bitcoins value). because of that huge dips the users of bitcoin are now FILTERED because a lot of new users loose their investment.

I fully agree with you that we will get new users of this cryptocurrency. And it is better to invest earlier because soon there will be a lot of competitors in this area and it will be difficult to fight.

the reality that bitcoin encounters is that the number of adopters is mostly not as bitcoin users but bitcoin investors who only expect big profits by keeping them in the long run. This will backfire for this technology someday if the price has been considered too high, FUD is scattered and eventually, there will be massive sell by investors.

Everybody starts off new and I'll dare to say that the majority of newcomers are primarily interested in dollar signs. If they stick around for long enough then it's quite possible they'll realise that what they're involved in is rather more meaningful than that and become a believer.

If they sell for less than they paid, which is very likely, then their coinage may well end up in the pocket of someone who has more of an idea about things.

But other than that if you went on the standard of discourse here compared to the old days then you would start to despair at the parade of infinite dimness on display.

Except the OP doesn't believe that Bitcoin is money, then the thread title will be okay. Otherwise, substitute money for Bitcoin (we believe it is a currency) and you would note that we are merely going in circles here as in: "Do you think we don't get quality Bitcoin money users anymore?" It doesn't make sense, I should think. There isn't any quality user when it comes to money. And what is money when it doesn't have any value. So, what is Bitcoin if the people can't profit from its use either. Anyone who says they aren't keeping Bitcoin for the profit isn't telling themselves the truth.

I agree with you on this OP but maybe because of how they were introduced with these cryptocurrencies and most especially Bitcoin. Sometimes if you introduced them Bitcoin as a "money-making machine" then of course these newbies would always think they just need to join because of the profits they could gain and not the real sole purpose of how Bitcoin is supposed to be used.

I think we now get the benefits of Bitcoin users. Because Bitcoin is now popular with everyone and day by day usage and price increases. Exposure Bitcoin is now getting on a daily basis. Many are asking new and new questions. If we have any problem, they will solve it. They will give us new information, which will help us to move forward. It is now more noticeable that we have many more people who are new.

I think we now get the benefits of Bitcoin users. Because Bitcoin is now popular with everyone and day by day usage and price increases. Exposure Bitcoin is now getting on a daily basis. Many are asking new and new questions. If we have any problem, they will solve it. They will give us new information, which will help us to move forward. It is now more noticeable that we have many more people who are new.

Most of the current users of bitcoin are just in it for the money alone but they don't care about the core features of Decentralization and other things which made people initially start to use Bitcoins in the first place though it was worth nothing then.

I think there are better users, just fewer. Ordinary people, hard workers begin to try to earn bitcoins. That's good. 8)

New dishonest users are like a virus on any network. They are stupid, ruthless and cruel. A lot of people will know who I'm talking about. This is the garbage of the cryptocurrency society. But there is in this +. These people are easy to make. ;)

I agree with this.

The growth of bitcoin price has attracted a lot of people to engage themselves with bitcoin. Given the fact they got interested with bitcoin because of its price, its potential to give them fruitful profits, their attention is mainly focused on their money either in investment or working to get money.

We know for a fact that bitcoin is really a tool for the betterment of our lives because it is a channel of making a living but, we should really first educate ourselves what is it that we are involving ourselves into. In this case, a lot of bitcoin users who are in either investors or campaign and bounty workers does not care about the core features of bitcoin and its attributes.

The size of the people engaging with bitcoin is a combination of users who are very enthusiastic to deeply understand cryptocurrency and there are ones who just wants to earn. Despite of this diversity we should all encourage each other to seek to be knowledgeable in everything we do.

Most of the people care about money only and they have nothing in appreciation for blockchain or crypto. If they will find some other field that is more profitable, they will simple move there.

i think so, from last year that bitcoin price is increasing fast, people in the world curious about bitcoin, they want to know bitcoin and want to invest on it because of the profit, they want to get profit without know about bitcoin, hot it works, sysetm that run in bitcoin, and other. they just buy bitcoin and with some hope that bitcoin will increasing more and more. i a agree with you that right now the user of bitcoin just want to get a profit wihtout knowing what is bitcoin and the sytem

You cannot stop new investors from joining and they will also panic sell. I would have been happier if everyone did proper research before investing.

I agree to this to some extent. If you see the posts here these days, all are concerned only about money and returns only. No one wants to learn the basics.

The bitcoins provide more than the quality that you expected interms of their services. They are not just a simple company but the they help a thousands or millions of life to become succesful and raise them from proverty.

no, there are quality users too.

Yes, I agree with you, now there are too many people make BTC a speculative tools, they only care about how to obtain higher profits, do not know what BTC, have what effect.

Of course, this happens and will happen in the future. Indeed, during the last December rise in the price of bitcoin, during this period a lot of people joined it, who had only a speculative goal of profit from the growth of its price. That is why the course of bitcoin so quickly then grew and led to such a strong and prolonged fall. During such a fall, I think, most of these people have left bitcoin again, having suffered losses, and therefore for a long time will not be engaged in crypto-ala. In their place, new investors come. Let's hope that they will have the time and opportunity to learn from the mistakes of previous holders of crypto currency. In any case, awareness of the crypto-alaota, the basic knowledge about it, will grow, at least in connection with the existence of the instinct of self-preservation, in order to improve the security of the storage of their crypto currency and the possibility of making a profit.

Sadly i think that's correct. When the price drops, it drops really hard probably because of new users panic selling with the slightest bad news. If you've been more than 2 years in crypto, i think you can observe the difference between now and say 2016. Though people eventually will learn and weak hands will harden through losses if they choose to stay in crypto.

I also think that but I still believe that there is still quality users thay has a lot of knowledge and ideas about bitcoin, for me they are just hiding to those names thay they make to hide they true identity, there is still users who has a quality post with the ideas that can give to other users. Users can be found in any campaign, you can see it the way how they post or the way he gave their ideas about yhe question that they answered.

mostly people are engaging in bitcoins nowadays care only about the profit they don't care about the importance of bitcoin in our current generation. that's why you can see people give up so easily when price drop.

You have said it all. There are too many weak hands now in bitcoin investment and they are the major problem in the sense that they react poorly to any kind of FUD without verifying the source and make panic sale the option. They joined bitcoin only for immediate financial gain and get frustrated once this is not coming as planned.

Of course you are right! Most of new guys here are totally unfamilliar with bitcoin principles and point, just earn money here :)

It was true at the time you said it. That was the time in 2017 when the price of Bitcoin was very high and the growth rate was amazing. But now, it's not like that. The people who are newly getting themselves into bitcoins or cryptocurrency is actually passionate or at least very interested about it. Most of the Bitcoin coin users who don't possess much are gone. 

You are definitely right there, I think that some users today are just users who want money, people who are not even interested and just got blinded by the fact that bitcoin users earn, and what happens is people would tend to join and leave after not being able to learn and how things work here. And yes we need quality users.

I think this is a very important point. Many people in the Bitcoin community do not actually understand the concept of cryptocurrency and why they are being used after all. Even if they do not have a good learning skill they can still learn a lot by the experience there facing everyday on the Bitcoin community but still they do not like to spend much time in Bitcoin and they have a major goal of earning money from the internet and thats the whole point why they even bother comming here.

majority of people entering the bitcoin space is doing so mainly because of the profits to be derived and this is why you will find so many scammers among us because majority of the new members are not interested in taking time out to really learn about the industry including the do and dont's, in addition most of us are trying to get rich quickly and this is the main group that these people focus on . I wish everyone would try and educate themselves and become quality members of course this will have a great impact on the ecosystem but you will be the main beneficiary of this action. This is why so many people have bad things to say because the rush in to get rich quickly without taking the time to understand what they are investing in and as such they make many mistakes and then put the blame on bitcoins , when really we are to be blamed for our ignorance.

I agree with you, that crypto users who do not have quality can make market conditions to be crash. even if they dominate the crypto market, then this market can die. they are part of makes the crypto market fall.

I think we should share knowledge with them, crypto community has a big role to guide them.

I have a crypto community, and every month we always gather to share knowledge, crypto growth and also socialize crypto to the society. so that all our members are care with the crypto world.

 i think the days of quality crypto users are gone and that applies to Bitcoin as well. today's generation, investors and users are just ridding on the fame and success of Bitcoin, Taking every opportunity to make profits out of it its strictly and totally business today as no one is interested in finding out more about the coin as long as it makes them money The entrepreneurial spirit has gotten so much into the current generation, a number of people taking risks that they don't understand well which most of the times leads to losses

The rapid increase in the price of bitcoin last year contributed to the fact that the speculative interest of many people aroused the bitcoins and buying bitcoins, they were only interested in getting profits from them due to the growth of its price. After a sharp drop in the rate of bitcoin, these individuals suffered losses of varying degrees, depending on the number of bought bitcoins and the price of their purchase. I think that many of them have sold already and will not be engaged in crypto currency for a long time. I think that people learn, if not on other people's mistakes, they will learn from their own, the level of knowledge about bitcoin and in general about crypto-alaith should increase with time. Therefore, quality users bitcoin in time we will still have.

Unfortunately bitcoin got such popularity only because everyone learned about the possibility of quick earnings, these are people who are not interested in technology and the possibilities of crypto currency!

I couldn't agree with you more. People who really stand for the bitcoin principles want to see bitcoin being used as a major currency in worldwide trading activities. That would have made the buying and selling on the internet way easier that we have ever seen. Prices of bitcoin would have been more stable as many companies may adopt bitcoin as a legal tender and help to keep the price at a steady limit. On the other hand people who don't understand the concept quite clearly only join to make instant profits and they don't see their profits coming quickly as they expected they begin to sell at a low price.

I'm not sure if this has been said already but I'll say it again.

I search bitcoin groups on facebook and all I get is posts saying how to double or increase your bitcoin, and are mostly scams. There are no 'real' posts (as in posts where one asks technical questions and things like that).

This space is full of get-rich-quickers and there are not many new users who actually believe in it.

On the contrary, I think quality users are still there. But on forum more just shot for bounty rewards. Therefore, the quality of the comments deteriorates.

yes, what you say is true, today we see a lot of crypto users who just rely on the spirit, do not have discipline, do not have the quality but the pursuit of quantity, and just focus on the profits. and they does not have knowledge and experience.

their presence makes the crypto world worse and only makes the correction condition longer.
I advise them not to enter the world of trading.

Just as you think, people like them only have ambitions and cannot control emotions.  What the op says is true, people like them no longer need basic knowledge about Bitcoin and cryptocurrency because their minds are only fixated on profit targets only.

I think there are still many qualified bitcoin investors who are still interested in bitcoin and not just pursue profits in their investments

You have a point there. I myself have started with that thinking when I've just started here in bitcoin and I can also see that a lot in the newcomers. Most of them really just care for the profit that they will get and they are really missing a lot of bitcoin's perks. They have missed the convenience in using bitcoin as a payment system and the anonymity that it gives to its user's transactions. I think that the reason behind this was the media who always thought people of having an income from the internet.

Yes , if they not honest and passionate to their works they get dissapointed and they totally give up  .But if you love your work you continue studying it until you know about single thing of it. You will never ever be gettung disappointed on it.

I was thinking the same thing. It is solely used for profit nowadays and disregarding the real purpose of bitcoin and how it really works.

In my opinion, the users who bought BTC during the hype are those who just heard from their friends or mainstream media about BTC and do not really understand the purpose and technology behind it. Most of them have the misconception of 'get-rich-quick' scheme in crypto, causing a parabolic rise in price. They easily got affected of FUDs, resulting to panic selling. I am hoping for them to learn from their previous mistakes.

why do you think it?

I do not agree with this idea. In the past, bitcoin was not so popular. He was not recognized too much.
Now one of the most popular topics in the world is crypto money. Millions of people are trading in this stock market.
There are so many users that it is hard to find a quality one. There are too many empty conversations.

Yes, that is true! I remember before when I have no idea about bitcoin. All I've heard is bitcoin is scam and it's illegal so I did not try to read any article about it nor ask someone about it because it's the concept I've heard. But when I saw someone whose life status is improving, I asked his relative how did it happened. And when they said that it is because of Bitcoin that's time that I got interested and hooked of learning it. Good thing that person who improves his way of living from nothing teaches me the basic thing we should do. That is we have to know more about bitcoin, read more about it and do it right not just only that you need it because you will earn good from it. Most of my officemates were asking about it and since I remember what my mentor told me that to be careful with telling about what were doing in bitcoin because there might be some people that will just abuse it and will not work honestly and they might ruined the reputation of people doing bitcoins decently. So when my friends and officemates were asking and if they said because I want to earn more as I heard you will earn more about it I observe them first on how they work in the office. So far no one from them gets serious of getting to know bitcoin deeply. Because if you were persuasive about it, you by yourself, you will research on bitcoin if you really want to know it like I did.

They overlook other potential factors but Chinese investors choose to lower the price of bitcoin to buy and push higher prices to sell.They are really wise in business and you may be thinking too negatively about this.Some new users are like that and when dump happens they are easy to panicmaybe they knew bitcoin only through the news and did not learn bitcoin technically.

according to the expert Emil Oldenburg, bitcoin has many drawbacks, so it's time to switch to alternatives, such as bitcoin cash. Another important drawback of the Oldenburg currency is the liquidity of the market.

Yes, I am totally agreed with you. Everyone comes here for bounty campaigns or airdrops. No one care about to learn something about bitcoin or blockchain technology. Day by day it will increase. And, sometimes I feel good and experienced bitcointalk users are not active on this forum for many reasons. Just think, about one to two years ago, bitcointalk forum was just like a family. Everyone was eager to learn from seniors. And now, most of jr members here only for bounties and quick money.

I think we can get the quality bitcoin users anymore because all of the characteristics that the bitcoin users is looking for is in the company of bitcoin aside from they are the very well known company because they are the best among all over companies in this industry, then the return on investments is offered a high enough to make you profitable.

I’m  not agree about we don’t get quality that bitcoin users anymore because  they did and can to afford their expectations about quality of their business towards to their users and customers.

I don’t think the same like you because many of the people who are investing into bitcoin are only because of the profit ratio of bitcoin because now bitcoin are now in controversies that bitcoin being the most profitable crypto currency and all big industries, multinational companies, all the whales invest into bitcoin for their profit only , there could be only few who invest into bitcoin very wisely after getting all the information and making strategy before investing into bitcoin and I am one of those who invest into bitcoin for the profit but sometimes I invest wisely.

You are rightly on point, people that invest in bitcoin this days re not real investor but trader, they are not ready to stay a longer on holding but make fast deal, buy and sell is what they do on bitcoin not holding for longer period and in this sense it killing the morale of bitcoin itself. Lastly most of them didnt av slight insight of what bitcoin really depict. My added view

You can't say that cause the discussion and questioning is not tacky with the benefits you mean,here we are serious about making a post with various knowledge and thoughts and it is difficult if done every day actually.Here we also promote the ads we post not just talk nonsense every day,You should understand it all here also there are serious rules.

That was very well said. We somehow shared a point. Because of the popularity of the bitcoin, people started to be interested in here resulting to the growth of bitcoiners. But I think not all the newcomers are doing the panic selling. I believe a few of them are still knowledgeable abou the bitcoin even though they are new to this. Maybe that some who panics are the one who doesn't know the bitcoin well. Overall, I think that was no a feelin at all that was a fact.

really like in my country, a lot of people who want to get rich quick but instant and do not want to follow its process.

after losing from Bitcoin they say that Bitcoin is a fraud, but I have explained to them that Bitcoin is down its price then Fiat estimation is also down, except in stoplose then your money will be lost.

I am more than confident in that this is really happening, most people is just in here for the profit and for the free money, and that is not an honest practice so far.

I also feel like that, new users are more impressed to want something instant profit without having a basic knowledge of bitcoin so that when a price decline precisely the panic that occurs and exacerbate the state of bitcoin prices

every user should not see their quality, if you are a good quality user then what you give for bitcoin development for example directs them new users to want to learn deeply about this bitcoin thing, all back to them i believe they will learn about the Failure they want learn and eventually become potential bitcoin users in the future for others, my thinking about prices not because they are too panic as well but bitcoin price growth always up and down regularly every year

all back to them i believe they will learn about the Failure they want learn and eventually become potential bitcoin users in the future for others, my thinking about prices not because they are too panic as well but bitcoin price growth always up and down regularly every year

Well, I don't think so because even if the newcomers are just here to earn which is also the reason for most of usthem that doesn't mean they no nothing. Remember that bitcoin is an investment and you have to be wisecareful and smart order to gain your money. You can't just go here like that it takes mind an strategy.

Yesterday, an old colleague asked me about bitcoin. I shared some of my basic knowledge that I think he should know. I also provided him some links to where he should start reading to learn more about cryptocurrency.

Yes, you're right, it is one of the problem of btc and I think, those people are everywhere in all kind of area. There is a lot of weak people, if the price go down they get panicked. And another significant problem is they are trying to pressure you.
As for me, I am a student, I would like to be one of the developers or highly founder etc of useful project, because blockchain - it is something interesting.

Yes we dont, the quality of ;Bitcoin users have drastically dropped, the market is full of Hungry people only interested in making profits and have little belief on Bitcoin itself, This has in turn had its effects on the market pattern as these groups of people  Know little about Bitcoins and tend to panic fast when the value drops. The fear often leads to panic sales, which leads only to more dumping, Real and quality Bitcoin users know  the value pf Bitcoin and would rather hold as long as possible even in the face of the red market

I don't think it is fundamentally an awful thing that individuals find out about the idea of digital currency by means of broad communications and choose to come locally available. For most, bitcoin is something you just put resources into, similar to stocks, or dollars. You don't need to know each and every detail, similar to hubs and excavators and so forth. This is essentially a non-factor for the layman.

You're right about one thing, people don't share Satoshi's vision anymore.
They just wanna make profit and don't care about tech or ethics.

But that's what we do TODAY WITH MONEY! We don't consider the actual payment system as something magic, but it is!
Just imagine how it was to transfer money 50 years ago...  ;D :-\ :-\

I do not think of something bad to bitcoin members ,holders of bitcoin and other cryptos , one thing in mind every members are trying to improve their lives so that they will not be a problem of the society , if any members doing bad things , it is his choice but not all, the only thing I considered bad in this technology are the hackers , the scammers whos works are full of evil not minding the feelings of others who got hurt from them, I consider bitcoin users are good.

Because who doesnt like instant profit ? A rising price on bitcoin was attract peoples to buy it and sell immediately later if the price keep increasing.
no wonder that if bitcoin price not increasing anymore, they are dumping and leave bitcoin. it was a normal occurrence.

True and also look at the market with the types of coins out there... Banking coins, centralised coins, etc. The market has certainly changed from satoshi's original vision.

You cannot stop new investors from joining and they will also panic sell. I would have been happier if everyone did proper research before investing.

I think the the new member come in this platform through many ways. They are taking the shortcuts by not analyzing and understanding what bitcoin is. They focus more on what they can get but not what they can be more better, we do not get quality bitcoin users now because of the greed.

mostly people are engaging in bitcoins nowadays care only about the profit they don't care about the importance of bitcoin in our current generation. that's why you can see people give up so easily when price drop.

Many users are just chasing quick profits, but personally I do have a belief in cryptocurrencies. Cryptocurrencies are going to displace roughly 25% of national currencies by 2030. They’re just much more efficient, the way they run. They are not very liquid today, but that/s a question of time. Have you heard about Paytomat? Basically, it is a Decentralized System for Cryptocurrency Payments. I've checked their team and partners, quite impressive. They support 11 cryptocurrencies already, have many trustworthy partners like SONM, NEM, Hacken.

In some cases yes, you’ll always get people ‘jumping on the bandwagon’, especially with things that can make you money. These people can jump in and out as much as they like; the believers, the ones invested in bitcoin and understand how it works will be the people that benefit in the long run

Such people will always be a lot in the sphere where you can quickly make big money. This is absolutely normal)
yes, you are right, and that is the reality now, spirit and interest in bitcoin but not having knowledge of the crypto world is a big accident.
one of the things that affected bitcoin prices dropped yesterday is that many new members, and do not know the bitcoin, so the bitcoin price will still go down if there are still many sellers who panic.

Of course, there are many people in Bitcoin who just want to earn quick money, but they very quickly weed out, because to get really good profits with the help of crypto currency, you need to know a lot and work hard....

That's true. and that is the reason too why there are a lot of people had been scammed using Bitcoin. they were lack of knowledge that they only after the money that they will get. they forgot to ask, study and learn about cryptocurrency. however, it will be a learning progress for them. and if they still have the will, they will still continue regardless of what happened to them.

I think high-quality bitcoin users are always there. These users are faithful followers who will not leave the community.

New users would be attracted on the price and earnings with Bitcoin, as time goes by, they eventually seek more knowledge about Bitcoin

Quality is achieved with experience, but it is over time. My opinion is that they are and will be. But given the new users, from 100 will remain 3-5 active, promising and experienced in the future. All others will surrender.

They will eventually come back when there is mass adoption and the merchants they already know are offering this kind of payment option. It is just human nature that people will find an earning opportunity and crypto is one of them. Once they discovered that it is hard to earn from here without any effort then they would move on and find another earning opportunity. For those who stayed, at least if they will be able to teach one or two about bitcoin and serious about it then it is already an achievement.


I am even of those people before who is only interested about this coin because of its earning opportunity but then when I learned deeply about it when reading all the information in the forum, I am convinced that crypto is here to stay and I also think of how can I integrate it in my business to have more people be aware of this revolutionary technology.

noop man

the main problem is that most of the new users are just trying to make as much money as they can so they can leave the market in a few days/weeks, so it makes sense

What do you expect from people who post threads about "The price has fallen, is this the end of bitcoin?" And when you check the price, it only dropped by $100. These people are fake. All they care about is making profits while forgetting the main reason as to why bitcoin was created for. But you know, we cannot do anything but try to correct them hoping that they learn something useful. But I doubt they will.

Well I agree with you, some just used all their savings to invest on Bitcoin to gain or to multiply their money,So in general people are trusting the bitcoin but they are making investment in small chunks and thus the bitcoin is growing slowly and slowly all the time.

People have diffrent personality and knowledge and passion for certain things, some join in the campaign just because they were just motivated or get interested because of promise profit, some do not care for any technical issue about bitcoin they just want to follow certain rules and want to make a profit.

Yes I agree with you, but some of the users of this crypto currency has their own agenda and techniques on how they will earn some money here inside the forum, I think they just here to speculate or steal money from people, with the increase of users, the forum become the home of newbies who are saying that bitcoin will end without any knowledge about it, In my part Im still studying about bitcoin and crypto currency itself.

That's just what I am thinking, Yes many bitcoin users are interested in bitcoin but lack of knowledge about it or maybe the only thing they know is joining in campaigns and if did not paid by the project manager they are disspointed and quit or maybe stop for a while. All of us has a difference technique on how we earn bitcoin and how we to improve his income. Well, I think we get a quality bitcoin user but because of many negative effect of bitcoin usage they are affected. Many bitcoin users has a potential in this industry and I am hoping they further expand their knowledge about bitcoin.

In my opinion, the users who bought BTC during the hype are those who just heard from their friends or mainstream media about BTC and do not really understand the purpose and technology behind it.Thats hell lot of money to put into stakes at least fro the new comers. So in general people are trusting the bitcoin but they are making investment in small chunks and thus the bitcoin is growing slowly and slowly all the time.

Now let's not generalize things here. Yes a lot of new bitcoin users are only here for the money and profit but some are still here because they are interested with bitcoin and the technology itself. Most of the people who are drawn to cryptocurrency has different goal so there is no point on hating others who have different points of view.

Yeah, I agree. That's part of their strategy to gain big profits, but its not good, since other people rely on what information they get from this forum. Thus, it may destroy the credibility of bitcoin.

I think BTC does not have QC for its users. Anyone can be a HOLDER if they want to. They do not need to be active in research and / or trade to be considered qualified BTC users.
an old colleague asked me about bitcoin. I share some of my basic knowledge that I think he should know. I also gave him some links to where he should start reading to learn more about cryptocurrency. But he did not have enough time, He just bought some mBTC and said he would observe the price. Do not know if that's a good thing or anything. But I would not consider it a low quality BTC user.

All people are wanting to have profit even just a little income from bitcoin of course they will interested because of more potential to earn from it. but like what they suddenly give up if they don't get a target profit they want. that's normal that the reality no person can pursuit to one thing if nothing return.

For me I do not think that we can not get quality bitcoin users, we can not deny that one goal of bitcoin users is to gain profits , it is also their right , because bitcoin does not descriminate people ,all are welcome to join and invest, I think their are more good bitcoin users than those who are not.the one I hate most are the hackers and scammers, but for bitcoin users , I have sympathy on them.

the reality that bitcoin encounters is that the number of adopters is mostly not as bitcoin users but bitcoin investors who only expect big profits by keeping them in the long run.  Anyone who says they aren't keeping Bitcoin for the profit isn't telling themselves the truth.

Whenever a community gets bigger its quality is certainly going to go down with it. Earlier only the die hard fans and enthusiasts of Bitcoin were involved, but now the community has gotten diluted with people who are here for getting rich quick. This sort of behavior is experienced everywhere and not just the case with Bitcoin markets.

I also kinda feel the same way with you. But what can we do about it? I think its good that we are having a more populated society here but I think that it will be better if the people that are here is those who's  really interested in bitcoin.

not every single user is bound to become a bitcoin guru and I don't think that generalisation is appropraite here
especially if you try to define "quality bitcoin user" -what is that?
to become an experienced specialist in something,one has to spend time and effort studying
but many people  are not willing to learn and are in for the profit only,which is a ok as well
I guess when the total base of users is growing,there will be less users that you could call "quality" ,speaking in your terms
but this is only normal,just proves the laws of probablility distribution  ;D

Well for me it's a fact. That's a big reason as well why this makerket is in this situation right now. People coming in with dollar signs in their eyes greedily putting money in for quick profit and then panic selling when things don't go well for them. Newbie habits basically.

mostly people are engaging in bitcoins nowadays care only about the profit they don't care about the importance of bitcoin in our current generation. And yes we need quality users.

I feel the same way but, I think is not that we don't have quality users any more. Just that most users of nowadays are just here for quick money, they are just too impatient and as a result they feel careless about the future of bitcoin and cryptocurrencies at large which leads to poor price and is seriously affecting the crypto world. My question is what's the way forward to get bitcoin and cryptocurrency in general balanced and encouraging? So we can attract better investors because the news about cryptocurrency nowadays scares novice even we members here.

Now, by all parameters, we see a great decline in people's interest in crypto-currency, the HYIP has gone right after the beginning of the fall, people are afraid to enter this market after such a picture, but I will say one thing, as soon as the trend changes and growth continues, we will have even more interest,  than we have seen before ...

no guys, it's the same as I think. many new users in the bitcoin world have no more understanding of crypto currency, especially bitcoin. they only follow euphoria when bitcoin prices are high. and hoping to make a fortune. but it turns out they got disappointed. because the bitcoin is back at the starting price. who is wrong.? not bitcoin, but those who do not learn about bitcoin. to get stuck.

To get the quality bitcoin users we need the users to acquire the knowledge about bitcoin without study just for greed if any users choose bitcoin that may not bring a quality to adhere to the cryptocurrency economy and they cannot even gain good profits choosing bitcoin as their choice.

Yeah, I also felt what you have feel with the new comers in the cryptocurrency world. Most of the new users here are just motivated by the certain news in the social media where they hear that bitcoin is very profitable that is why they come here but they only expect instant profit. Yes they are the ones who add to the many panic sellers when the price goes down. Being a newcomer and eyeing for the profit,  some of them are really not knowledgeable with what things are happening here that is why most of them are ending unsuccessfully.

btc quality after previous, do not changed. I'm very fun in this field. And each month to be start to $ 1000

Ever since the value of B8jumped through the roof, most of the people who started investing into it, where all about making profits.  They didn't care about the values of the crypto currency but rather all about making money.

I was thinking this issue and yes you are right, the newcomers have not any knowledge regarding even finance and why the prices go up or fall, the tech side is zero as well and the focus is only more and more gaining

It's a double edged sword really. On one hand, it's good to have more users, as it helps bring crypto in to the mainstream, but on the other, the increase will bring in the less technical, and those that simply want to make a quick buck. Time will tell if BTC is robust enough to survive.

this is true. many just jumped on the bitcoin bandwagon thinking they will get rich instantly.

Nowadays the young bitcoin investors only want easy and fast profits they invest in short terms without knowing the history of the trend of the rates neither they care about the long term plans they just invest a lumpsum for a petty profit in a short time.

They just want to earn profit and nothing else there is no seriousness among the young investors , maybe this is a reason why the bitcoin’s future has diverted from being used as a currency to getting used as investment.

I feel the same way, in late 2017 and early 2018 is the moment where bitcoin reaches its peak, and new bitcoin users are also increasing. But now, in mid-2018 they seemed disappointed with prices that continue to fall.

They may not understand the bitcoin circulation, the basic rules of the cryptocurrency market, etc. But I hope new users will learn more about what bitcoin is and the main purpose of bitcoin creation.

Agree but keep in mind bitcoin moves in cycles. The bear market will filter the not honestly interested people out and will make this a cleaner environment. In the next bull season the noobs will come back.

Basically, new users will still be interested in value and money with Bitcoin, as time goes by, they are looking for more vision and mission knowledge about Bitcoin. As they continue to watch and understand the values of the Bitcoin currency, they will be excited again.

I think so, most of them now is newbie that they joines bitcoin even though they really do not know what bitcoin is. Most of them asking questions that are too obvious to answer but still they keep asking. They do not how to use google. When i joined bitcoin i made sure that i am well educated about it.

I think we can still get quality bitcoin users , I am positive ,I do not rely on negative comments because it can create a little by little damage to bitcoin reputation, there might be bitcoin users that are not of quality but I think its only few , I believe there are many responsible bitcoin users  than those unquality users , we just continue supporting bitcoin and never mind those users who are not responsible for their moves.

I think the impatient, ignorant bitcoin investors will flee at the first sign of a bear market, so their influence should be discounted. Every market will have foolish, greedy people. It's a feature of every new technology that as it develops and becomes more user-friendly, less sophisticated people will be attracted to it.

Now comes to the crypto-currency market a lot less people, compared to the previous year. However, when the market begins to recover, there will be a new interest in crypto-currencies.

You have a point there and I couldn't agree with you more because as far as i know, most people I know got involved in bitcoin because of the profit they get in bitcoin. They don't use it for the primary purpose why bitcoin was created.

Yes and No.
Yes, Using BTC to purchased real life goods and services are becoming more common everywhere.
No, BTC is too scarce to really replace money. If I always have to worry about buying a car now with 1 BTC or buying a house few years later then BTC is not really good as replacement for money.

There are others crypto which is more suitable for daily transaction. BTC is an investment/saving (sort of like Gold) for me.

Most of people dont know how cryptocurrency work. Hell, do you think more than a few percent of humanity know how "currency" work. They may have a general ideas but deep technical understanding is not necessary for them to live their daily lives.

I see no problems with people who dont have deep knowledge about bitcoin joining the trends. The problems is what their expectations are coming into the market. Too many people get into the crypto sphere only to make quick money; as they do not see the underlying benefit of crypto.

Agreeing to your point that not everyone is technical enough nor they have the time to study about bitcoins and are only trading bitcoin for the intention of earning profits , but this kind of people are the main reason why bitcoins are used more as an investment and not as a currency, nevertheless bitcoin is no ones property one can use it for trading or as currency its upto them but the younger investors don’t really opt for the later option.

I think we all still benefit from Bitcoin users. Because Bitcoin is now superior to other coins with everyone and from time to time the use of bitcoin and rising prices. Bitcoin exposure has now started every day. Lots of people are asking new questions. If we have a problem, they will solve it. They will give us new information, which will help us move forward.

Bitcoin is now popular with everyone and day by day usage and price increases. Exposure Bitcoin is now getting on a daily basis. Many are asking new and new questions. If we have any problem, they will solve it. They will give us new information, which will help us to move forward. It is now more noticeable that we have many more people who are new.

yes, you are right, and that is the reality now, spirit and interest in bitcoin but not having knowledge of the crypto world is a big accident. one of the things that affected bitcoin prices dropped yesterday is that many new members, and do not know the bitcoin, so the bitcoin price will still go down if there are still many sellers who panic. it is actually those participants that has little or no knowledge about bitcoin that create so much panic in the system but I think we still have some quality users of bitcoin.

There are a lot of opportunities, but not all of us are contemplating now. We are waiting for a free cheese, which nobody simply distributes. Therefore, you need to work and invest. Only this will be the result.

Totally agreeing to your point that some of the young investors research more and get into the blockchain market and improve their knowledge to become a quality user but this kind of people are very rare in today’s scenario , almost every newbie gets into bitcoin because of its volatile rate and the aspects of making a quick profit from it no one really sees the greater depth in the field of bitcoin or the blockchain market.

You're pretty much right. I agree with what you said above.

Everyone just wants profit be it the new traders or the old experienced guys well the later have a knowledge about the system whereas the newbies just want some fast cash , and because of bitcoin’s recent sky rocketing prices every new traders have been attracted towards it , no doubt they don’t have enough time for research , all they want is to buy huge and sell as fast as they see some profit.

Due to the last bull when the prices hit points that no one thought they would hit, there were a lot of people who came into the market thinking that they can get rich quick from it, so it is true that we are no longer getting quality investors in bitcoin, rather, just people who are trying to get rich quick. These are the kinds of people who mostly fall for the scams.

I also think as you think. Indeed the longer, many bitcoin users are less qualified. This happens because most bitcoin users just pursue ambition. They justify any means to get big and fast profits through bitcoin. They do not have a strong mentality and a clear principle. Of course they just run a bitcoin business carelessly without a clear strategy and risk management. Of course, this is what makes the bitcoin price is getting down because the day bitcoin lost the trust of the community.

probably because they didn't delve into mining yet. give them time when they had the chance to mine at least one altcoin and they can be that technical in the details. one doesn't understand what information is inside a hash unless they truly will check whether why is there the need to wait before a transaction is confirmed. when that happen you'll see these guys will find out about blocktime and even the nonce.

Yeah, I agree with you that the longer bitcoin users and players are not qualified. They are very lazy to read and think. They just want big profits in quick time without knowing what is really going on in the market. They certainly do not implement a clear strategy so bitcoin prices continue to decline like this. They ignore the knowledge of the crypto currency so they just walk carelessly. Of course that's what makes them experience panic as well that leads to "panic sell" and "panic buy" and finally the market price is declining.

You have said everything. There is an excessive number of powerless hands now in bitcoin speculation and they are the significant issue as in they respond inadequately to any sort of FUD without checking the source and make freeze deal the choice. They joined bitcoin just for the prompt monetary benefit and get disappointed once this isn't coming as arranged.

a high bitcoin price last year that attracted many people to bitcoin, and many people are only interested in buying bitcoins to make a profit, so it's only natural that many people panic when bitcoin prices go down like now.

It is estimated that there are around 100 million people who use Bitcoin now... That is a huge increase from the figure of around 10 million which we had in 2016 end. So obviously a huge majority of the Bitcoin users now are noobs...

I think there are still quality bitcoin users don't know yet about Bitcoin.
Just because they don't have informations and the trust source to trust Bitcoin as a good one to earn money.

I agreed with you, just because we didn't see them doesn't mean they aren't exist right ?

In every negative news you can find a share of the positive. It is possible that many newcomers come to the crypto currency market, who know nothing about the crypto currency, but when they enter the crypto-currency industry they will learn everything very quickly and probably will be those people who will promote the crypto currency.

Everybody would simply improve the situation their own particular techniques to win benefits from the bitcoin. Numerous new clients in the bitcoin world have not any more comprehension of cryptocurrency. I'm certain a few people are extremely intrigued by the mechanics and how to procure a benefit is a by the utilization of the advanced cash as an item. To be the quality bitcoin clients, we require a specialist client to secure the information about every one of the upsides of having the bitcoin.

I think the use of Bitcoin will not be as beneficial as it is because the price of Bitcoin has gone down. But I also think this bitcoin can bring many financial changes in the lives of people, in the meantime many people benefited from this bitcoin.

This happens with almost all the communities. As the user base increases the quality of the community starts deteriorating. But without increasing users the project or coin is not going to succeed. That is a sacrifice we will have to make if we want to see Bitcoin succeed and be accepted everywhere worldwide.

I think that it also depends from the people and the current situation of the market. However, most of the people that invests on bitcoin at the moment is just looking for cash purposes, so in my opinion, it varies from a lot of other stuff in here

For me, yes I also think that is the main reason why there is some money panic sell now in this cryptocurrency world because they just see bitcoin to make an instant profit and don't want to learn even some basic stuff. Also, when bitcoin's value drop or decrease they get very frustrated and irritated because they panic sell their bitcoin and lose a massive amount of money. After the end of the day they,  are those person that will post in the social media telling that bitcoin is a scam or fraud without knowing the true meaning of it. :)

The topic was quite old but to tell you honestly we cans say that Bitcoin has its quality since we only have one type of Bitcoin and it can't be upgraded or created --that what make every Bitcoin is original and real.

I do not think so, i think that bitcoin is still very young and a of people even do not know about bitcoin, i think still people will like to join bitcoin and therefore still the possiballity is that we will see a quality uses,

Unfortunately we will have to learn to live with that inconvenience because the only publicity Bitcoin has received recently has been generated by its great growth experienced throughout 2017, and people are always willing to join the search for easy and fast money without worrying too much about the technical and theoretical aspects of that search. But fortunately a lot of those deranged people are called to lose their money here because of their ignorance, swelling the pockets of many of us.

I think most of them [newcomers] are in for a bandwagon effect that push them to dump what they have when a certain crisis comes in. All they think was an easy money as they think that bitcoin is due for a rise of market price only. If more and more people have the mentality for of earning an easy money, they are really in the wrong place because bitcoin is a long term type of investment.

It is quite understood that most of the people joining Bitcoin today are driven by motives of making money out of the system without really bothereing about the original ideology of the founders. I don't think this will help the growth of the coin. While we all want to make profit, we should also always remain the main goal of Bitcoin. Which is creating a decentralized financial system.

In this world, money comes first before knowledge. I know everyone is smart here so they chase the profit. What's important is we support bitcoin and we just leave the experienced devs the technical aspects and let them do where they are good at. And bitcoin users needs to be just basic consumers so why the hell it needs quality.

That's right, I feel now that bitcoin users are not qualified
New arrivals, coming because of money and do not pay attention to what is technology blockchain, Smart Contract and so forth
in their brains are just price, price and price

The point of OP is that people are just buying and selling bitcoin for profits without even knowing the purpose or basics of bitcoin. If we wanted to keep people getting interested in it then they should at least know why bitcoin has that value and why it is in demand. You may just be interested for the money but as for me, I am interested in knowledge too because if each of us would help in introducing to the people who has misconceptions about bitcoin or doesn't know about bitcoin then it would add to the demand and its value would be sustained. We are always talking about mass adoption but we don't act like we want it.

Yeah I see that mate, most of the people right now is greedy have that quick profit. They don't even think for the purpose of long term holdings. Most trader just spend bitcoin for personal needs, which isn't practical ways of financial management. Right now we need to learn how to avoid overspending, because that's one the reason why we have no certain stable market value that will make the price grow. Volatile market always affects the entire bitcoin economy, together with other cryptocurrency.

Well, it depends actually as btc is filled with scammers but i think if they can find a way to dupe the scammers it has a bright future ahead.

Yes you are definitely correct, a lot of newbies are here for the money and not for the sake of knowing and learning about bitcoin. But come to think of it, those newbies are also the main reason why bitcoin have become more and more popular. If it wasn't for those people bitcoins price will still be low like how it used to be.

I agree with you we can see right now there are many people that join with bitcoin like the trading and other things but they don't know about bitcoin and doesn't have interest in bitcoin, they just join because they want to get some money and profit because of it. it will be bad for use if there are many people like this.

I think this is all very common in the crypto world and many people feel it in this forum. Maybe this is all because they get less information about crypto world generally on bitcoin. So here they just want to make a profit quickly and instantly. They don't want to lose without understanding the world of crypto. This can all make everyone in the forum panic but there is also no panic of people who really understand this crypto world.

i think we already have mixed users of bitcoin, once with quality and one with just wants to earn some quick money using bitcoin. But all in all this is still good for us since there are still addition in bitcoin supporter.

Yes because more and more bitcoin users who just want to earn a profit, do not want to pump the price of bitcoin so that bitcoin prices rise high because he is only concerned with the benefits he made.

What should be the criteria to be a bitcoin user, anyway? I think bitcoins are a good avenue for investments and all but what should be then the proper decorum for a bitcoin user to be qualified as a quality bitcoin user? I think there shouldn't be any standards for this because nobody can tell you what you should be doing with your bitcoins.

yes that is right now more people are wanting profits quickly and instantly without thinking about quality and understand the way and all the properties about bitcoin and it is bad for bitcoin when hearing bad news a little only already panicked

Maybe you can get an experienced bitcoin user and they also understand bitcoin even further and they also know when bitcoin will go down and up again but looking for experienced people from bitcoin is very difficult because people who already understand bitcoin farther they will not bringing myself up in public so it's impossible for me

Sad but true but not only new bitcoin users are just for the gains, i also see other people who has  been with bitcoin at least for 2 years now and all they see is just the value of it and not the technology behind bitcoin. We need people to understand that this is not all about money. And that is why we need to spread knowledge more about blockchain and not the  value of bitcoin. Let us help people to understand not just for the money but the technology.

Precisely, those new user's aim is always to gain instant profit, so if they lose then they should blame themselves.

You could have found someone who already understood bitcoin more and who already know about bitcoin so I think it's impossible because most people do not have that kind of thing so munerut me it's a really mushtail thing for me

If you only have quality users and in another way, as soon as they join, they become more interested in blockchain technology and other aspects so that they educate themselves and improve their "quality" like people. use. Do not know if that is a good thing or something. Just my opinion.

Yes of course My opinion is the same as you. Many new users like it and when dump happens they are easily panicked maybe they know Bitcoin only through news and not learning Bitcoin technically or do not want to know about bitcoin.

it is not a feeling but truth. So many new users entered into the market because they have heard that someone got rich with crypto and nothing else, which decreases the quality of the users too much, where do I know, well I have seen many of them during January in many places

I got your point about that. Well its very common since you are investing. Bitcoin is volatile , no one knows when will the price will rise or down.I dont think that its a valid reason to give up in bitcoin. because in the very first place you choose to risk , dont feel dissapointed because its part of investing.

At some point, this is true, there are a lot of people being introduced in bitcoin at the moemnt that are only in here for the sake of money, they just want to make as much as possible and then leave this world, that is the only reason of why they join

I don't suppose it's miles basically an awful thing that individuals discover about the concept of digital currency through huge communications and choose to come regionally to be had. For most, bitcoin is something you just put assets into, similar to stocks, or bucks. You don't want to realize every and each element, just like hubs and excavators and so on. This is essentially a non-factor for the layman.

I don't suppose it's miles basically an awful thing that individuals discover about the concept of digital currency through huge communications and choose to come regionally to be had. For most, bitcoin is something you just put assets into, similar to stocks, or bucks. You don't want to realize every and each element, just like hubs and excavators and so on. This is essentially a non-factor for the layman.

This is certainly wrong, many bitcoin users from the top and world famous to the millionaire, this is what makes bitcoin can survive until now, and I'm sure more and more famous people who are active become bitcoin users.

Right said. Due to Bitcoin fame, a loads of individuals come to utilize Bitcoin.
However, they don't have appropriate information about Bitcoin.
They go ahead digital money by knowing other. In any case,
they don't learn about Bitcoin and digital currency.
That is the reason we confront the issue.

that is right, however I believe it's not on the grounds that the cost of bitcoin is high that is the reason they were here. There are individuals who is extremely keen on realizing what bitcoin is nevertheless the data that is given to them isn't so natural to comprehend or perhaps insufficient with the goal for them to learn bitcoin profoundly. In any case, I concur with the possibility that individuals will embrace gradually and will inevitably discover more data that could encourage them, so they'll be more mindful about bictoin and cyptocurrencies.

No, you're wrong. Large crypto currency investors who believe in the future of bitcoin still come to the crypto currency market, but simply do not advertise it so as not to have problems with the authorities.

yes it is so there and the evidence is like that.
they do not know what our previous struggle was like in terms of finding Bitcoin.

because they have no time to learn what Bitcoin is and how it was in the past, knowing they are as expensive as Bitcoin.
so when Bitcoin begins to descend them in a panic. LOL

I also think like that, many people are interested in bitcoin because of its expensive price so that when there is a decrease in their prices panic and sell cheap bitcoin they have. most people just want to make a profit without learning it

you brooke a taboo when you created bitcoin, its no wonder there are more and more greedy people showing up in this forum

Yes, I have the feeling that new users are not concerned about the basic knowledge of bitcoin, and most of them are hoping for a chance of short-term speculation.

At the moment, I just do not know much about BTC, blockchian: I'm pretty vague about it even though I have tried very hard. I read a lot of information on this forum about Crypto but I can not find the answer for myself. Am I misled?
But I believe I will be a good user, I need some more time to ask someone about this.

I think like you. Whales know that this is an easy market. Inexperienced traders can also enter the market and they have taken advantage of the lack of knowledge of traders' investments to manipulate the market. The usefulness of manipulation in this market becomes higher and easier to make money of less knowledgeable traders.

Of course there are always people who are seeking for easy money. They are just everywhere but the fact that bitcoin is still on the use is the proof that we have this quality user which do not intend to just make money with bitcoin but also make it grow. They seeing bitcoin as the new currency and want to use it for the rest of their life because of its features. I believe that this is the very reason why their are some companies that started to accept bitcoin for their products and services.

while it was used by small investors bitcoin was independent. it is worth starting to use bitcoin for international relations as soon as it becomes manageable.

Bitcoin was originally created as a currency to disrupt the centralized fiat currency system. However, currently Bitcoin is not used as a currency, but mainly as a store of value. As a result, many today jump into Bitcoins and other cryptocurrencies to earn a huge profit in a very short time. The people who join these days do not care much about anything other than making fiat currency from the price of Bitcoins. So yes, the Bitcoins "users" are of poor quality.

This is the primary reason why some financial and currency experts around the world are saying that Bitcoin hardly meets the status of being a currency. But how can we avoid people who are purely Bitcoin investors when the price is predicted to even grow higher?

 I agree with you. People still want to earn fast so they will use any method to do it. They don't have any knowledge about it, they are only looking for her better price on the market.

Good opinion and I like the way you think.
Someone's way to get something different, some have taken the initiative to earn money and also to develop the world of bitcoin because it will definitely be different from people who have the first goal to strengthen bitcoin so quickly famous and the goal of the second person with the intention of making money because family economic factors. that is what makes people's goals differ from the perspective of the business world.

Most of the users or holders of Bitcoin today just heard about how lucrative investing in Bitcoin can be without paying attention to details of how the crypto market operate. Most join out of FOMO and with such people, the tend to sell their BTC at any cheap price out of fear when they see a slight decline in market price.

Because this process is cyclical. People come here with a desire to become richer and stay only those who decide to become freer. The only thing we can do for them is not to let them lose all their money...

It is true that early adopters had deep insight into cryptocurancy, and now many are entering the cryptocurancy because of rising prices, as soon as they enter it, they become interested in blockchain technology and other aspects so that they educate themselves and improve their "quality" as a user. we should be happy with their presence, because bitcoin needs them, to create a great community.

Everyone would just do for their own benefits. As long as it has a benefits posted into it, they will look into it and they will invest their time in it as long the vision of getting something beneficial is there. Panics in falls were already like an event more than a natural movement in crypto market. In falls, these panickers would just keep exiting

Education is the best in this type of opportunity called cryptocurrency because you can become better than those people who claim that they are the early birds of this opportunity because if you will keep yourself getting a lot of knowledge about cryptocurrency then you can think wider in the future that will become the reason to become more successful than other people.

Nowadays many bitcoin users are interested in bitcoin but lack knowledge about it or maybe the only thing they know is joining a campaign and if they are not paid by the project manager they are desperate and stop or may stop for a while.All of us have different techniques,about how we get bitcoin and how we increase their income.

If they are not paid by the project manager they are desperate and stop or may stop for a while.Panics in falls were already like an event more than a natural movement in crypto market. I

Couldn't concur with you more. Bitcoin holders in those days truly knew a considerable amount about bitcoins than a large portion of the general population today. Since a considerable measure are just into bitcoining in light of the benefit they hope to get. Amd basically on the grounds that, they simply need to be in the new pattern and not get left behind.

Knowing human instinct, this was at that point bound to happen from that point onward. Since individuals will dependably exploit all that they can for whatever length of time that it is beneficial for them. Some don't considerably try to quit exploiting except if things get revolting. That is exactly how things function in this world.

Yes!!
I do not understand what you mean about Bitcon users.
I want to know to you how quality is !!!
In my opinion, people invest here mainly to make profits when the price is high!
As far as knowledge is concerned, very few people can understand this market !!!
Very few know about Bitcoin but in their hands there are hundreds of BTC !!!
I think so!!!

With education can make a person become more professional and have broad insight especially in taking a stand when facing a market situation that's falling. People who are educated tend to have wise thoughts in taking steps nor actions so that they are far from panic.

Also, with such knowledge they will be able to enjoy even the downfall as they can make something profitable base from their knowledge and take advantage of situations like this, enough education can bring good decision making better to have those and continue enjoying this  industry.

Most of those low quality investors are probably gone by now. Learned their lesson the hard way. Thinking that bitcoin is a get-rich-quick scheme.  :D

You are absolutely right because people from every where are just attract towards bitcoin only because of profit and nothing else thats why quality users lost in the crowd of this kind of users.

At the moment, we are only getting speculators and day traders, bitcoin shorters and futures contractors. We need more and more high quality long term investors and believers in blockchain technology. We are hundreds of thousands if not millions of people involved in Bitcoin, but how many actually bothered to send a message to the SEC regarding the EFT APPROVAL FOR THE CBOE. My Wife she wrote to them ,you can too, to do your part to help Bitcoin get to the next level. We all need to get more involved if we want another market boom and not just look at our pockets, although mine are empty right now almost.

in my opinion before investors start investing with crypto currencies they should all have to understand and understand if investing in crypto currencies has a very large risk because it requires very high confidence and patience if all investors understand it certainly won't panic with everything about the eyes crypto money

Right now as we can see this forum and our cryptocurrency community is full with non educated guys who are shaking by the smallest wind, and uncertain and unstable in all the situations that are taking place.

Many people are not loyal fans of BTC just to make money!
If you are a strong believer in cryptocurrencies such as Bitcoin, then you don't have to worry about the rise and fall of the currency price.

I am sure that bitcoin still have a big fan in out there and they still keep their bitcoin in various amount and they still waiting for the highest price to sell their bitcoin. but right now, I think people are attracted to get bitcoin because they think that they can make a big profit from bitcoin and this is true and they think that bitcoin is the right way to make money.

Most of them are speculative investors, they only seek for profit. But not all of them are like that, there are also some cryptocurrency enthusiast were really interested to bitcoin and blockchain technology.

I also think so, because there are a lot of multi users there who just use bitcoin only to earn money and they can adopt and way to fulfill their desire.

Bitcoin is a way to make a lot of money. It's an easy job and has good quality for everyone. We can also get quality to get that. That is not a reason for everyone not to get quality users on bitcoin. 8)

People still want to earn fast so they will use any method to do it. Bitcoin was originally created as a currency to disrupt the centralized fiat currency system. They seeing bitcoin as the new currency and want to use it for the rest of their life because of its features. Let us help people to understand not just for the money but the technology.

for me when I say what you are saying because the bitcoin value is shrinking but that december will not increase because bitcoin will not increase the value of the whole year, the value of the bitcoin decreases because the investor also to her and want to buy in small quantities to invest too little.

Yes, and it happens because bitcoin is free and open for everyone there is no requirement needed bit i think requirements should be imposed.

if ever bitcoin will become the currency all over the world then we can get assurance that the holders of bitcoin are passionate to the coin. However, as of now, holders of bitcoin only make to have profits at all. But then, there are also people who are loyal in btc and still holding even when there is a crash. There are many people that believes in the bitcoin as well as cryptocurrency.

I also see some users like that. Though we cannot blame those people. It is their own way in using bitcoin. It is really true that if you simply focus on earning and gaining some thing, you forget what is the most important through the process. I believe learning and understanding must coexist at the same time with earning. Also sharing what you had experienced and the knowledge to other users is really great. Though you really cannot please everybody.

A few years back, most of the users here in this forum were genuinely interested in the growth of Bitcoin. The threads were very creative and the debates used to be healthy. But it all changed, as the influx of the third world users commenced. Now the people don't care about BTC anymore. They are only interesting in earning money.

many people who are dishonest they want instantly. and new users are there they panic and sell bitcoin on cheap prices. That's what happened today

Maybe the good guys in BTC are gone.

Well, to some extent I agree with you. Yep, there are investors, who don’t want to educate themselves. It’s also truth that such people only want to get so-called “easy money”. On the other hand it doesn’t mean that there are no qualified users anymore. I even know some people who learned a lot about crypto and they keep on educating themselves. Personally I never stop learning.

Why you say not qualified bitcoin user? Before we join lets find out what bitcoin is?or did it start and learn bitcoin first by reading, researching and watchin videos for you to get idea of how to trade and how buy. We need many considered when we used bitcoin be patient and most of all we dont panic to sell bitcoin when coins is going down we need to control our emotions and being positive.

Exactly mate, as time passes by many users didn't know morw about bitcoin as well as the other crypto currency in which the worst case it may ruin their way of living as they think the crypto that they believe will increase but they just take the greatest risk by investing a great amount. Well, to have this great opportunity is very grear but somehow the users must think many times that the crypto currency is volatile that might decrease tremendously and may create a great losses of your investment. Hopefully they may learn on what they mistake and may able to recover soon.

I think people are powerless to earn money at this time, so it also makes the less knowledgeable just invest for a little time, and sell for profit.
Obviously newcomers will have fear and start selling panic. But such users are also needed for dump and pump games that occur with almost all crypto currencies.

Yes,we think because many people are use long time in bitcoin and other new user are also learn more think but they are need to time.In fact a lot of people are quality using bitcoin.They are good opportunities that in their are a even the local shops are also accepting bitcoin from them.i thing that these low quality users will grow to be better bitcoin users in the future as they get to knowq more about bitcoin,and they will develop a passing for it.

I dont think that today bitcoin users are not have a good quality anymore. In fact, there are still lots of credible and have a good quality users that are still hiding.

It's always been like this. First, new users will be attracted to the price and profit with Bitcoin. However, due to the popularity and exposure of Bitcoin gets on a daily basis now, we see more of this. As they continue to testify and understand the value of bitkoyna, they will become passionate.

It is right that we don't get qualityful user and the reason behind it may be because bitcoin is free for every one and this kind of users are another important cause of the downfall i think

People attract of bitcoin because of the price high but once  they entered on  bitcoin they also started to learned everything, yes at first they have no idea and only think is to get money. But as time goes by by spending on bitcoin they will learned about it, on how to operate bitcoin and collect some knowledge.Dont judge fastly because we also  started without knowing anything.

I think currently, Bitcoin is more of an investment to a lot of users than a technology. We need to see more accompanying uses of bitcoin in order to make more people see it for what it is than just a pump and dump coin like most other altcoins.

This is the truth, reason being that people comes into crypto currency with main aim o f lambogini but when they fail in the lambo eexpectation as a result of price deflation they do pick race this action sometimes usually cause issue for other investors., .

Even if there are many new investors in Bitcoin, the goal to become a new currency in the future will still go forward. It may affect the price but it is only temporary. Bitcoin already experience that scenario many times but it always overcome the obstacles.

Yes. I've been wanting to say it early but i better keep it to my self until i read it in your post. Well, i also have the same thought with you. Many of the users right now act like a panic sellers who seems not really understand about the bitcoin movement price. I think it because when people jumped into bitcoin market, they not really ready to face all the ups and downs in bitcoin market.

Yes, i think so, because a large percentage of the users today are on a negative level. Bitcoin needs quality users.

The progress of Bitcoin lies entirely on the attitude of the actors (sellers and buyers) on the market. In order for Bitcoin to increase in price and value, actors must be positive towards it on the market and not to sell or buy it at certain abnormally low prices. This impedes its progress and even wards off potential investors.

Well the reason mainly stems from individuals who are profit-oriented when it comes to the actual practice, rather than being goal-oriented at the same time. When people discover a new method when it comes to earning alternative income, they would not bother even to know the basics as they would likely do the process right away instead of learning everything from scratch. Nowadays with our technological advancement growing each year, people tend to be lazy and look for measures that would earn them instant cash.

The funny thing is, most individuals who invested into bitcoin are also the ones who are not knowledgeable about its processes. After some time when they observe that prices fall, they are the first to cause uproar in social media and scatter news that "bitcoin is dead" etc.

maybe right now many beginners are joining BTC because they are tempted to see other people who get success first, they want to get rich instantly without wanting to learn more about BTC, they have no basic and strong mentality when they start to join here so when prices go down those who panic and make useless topics in forums, they are very easy to release btc without consideration and for them there is no waiting term

To get the quality bitcoin clients we require the clients to obtain the information about bitcoin without think about only for insatiability if any clients pick bitcoin that may not convey a quality to stick to the cryptographic money economy and they can't increase great benefits picking bitcoin as their decision.

I agree. The strong influx of people who are purely Bitcoin investors started way back when the price of Bitcoin suddenly jumps 50% to 100% to 500% and even more very quickly. This may have looked positive on the image of Bitcoin to some but the truth is that the image of Bitcoin is subtly twisted with it. It has slowly become a kind of asset or investment rather than a currency or digital money. But this is generally brought by the fast rising of prices. Sooner or later, when the price somehow stabilizes, Bitcoin will become more of a currency rather than an asset.

Yeah I think for sure we don't have quality btc users now. Even in the beginning I read most peole were just using it in exchange with pizza so it hails from the olden days so no problem with that.

Yes, I think it is quite difficult at this time to get loyal BTC users, they mostly just expect profit and are afraid of getting lost, they don't want to wait when the price goes down they panic and immediately sell BTC without thinking, I think there needs to be some kind of socialization on how to become a user loyal

Yes, and in this case I have a better plan the community of bitcoin should make a training session for the newbies so that the users will become more smart and bound to learn about bitcoin.

if I'm sure every person who invests in bitcoin or bitcoin users from so many people there must be someone who is qualified and some are not, bro. there is also a large capital with small capital. every one who stops innovating in bitcoin will definitely be a newcomer ..

I think that is not possible, because current Bitcoin users in the world have learned a lot from how Bitcoin is used to how to properly and can bring them a lot of profit from it. Many experts have suggested that in the coming years, Bitcoin could be globalized. By this time, it is possible that everyone in the world can use Bitcoin for their respective countries.

I am not finding any reason for not getting the quality bitcoin users any more.The bitcoins features are still unaltered and the global investors are still using it and deriving its benefit as usual and the popularity is also increasing day by day.Bitcoin has a strong net work system linked with the modern technology.The incorporation of the block chain technology ensures its security systems sound enough.The above factors are very reasonable and attractive to the global community for  further investment

Do not worry, because, at present, Bitcoin users around the world are aware of what is going on. But there is also the concern that the more people know about bitcoin or cryptocurrency in the world, the more criminal organizations use Bitcoin's anonymity to trade illegally. I think that this is also the issue that countries are of prime concern.

Bitcoin users in earlier years are all know how the field works and how it works, but now the bitcoin users are all new to this one and even deepen there thought but not knowing what it is. And the old bitcoin users are now just creating dummies to earn more and for that it looks like the rich are becoming more rich by scamming and taking advantages to others.

Bitcoin's popularity together with signature and bounty campaigns attract people to be a part of crypto world specially on this forum. Some dont read what has been posted and just leave a comment out of the box just to flood and be eligible with the campaigns they are joining to. There are also people who made various accounts and scam bounties. Hopefully, with the amount of people joining everyday, there are still who wants to invest in crypto itself.

I think there is a point in what you are saying. People who are real bitcoin enthusiasts believe in the coin and know its potentials so will never do panic selling or even complain much when the price is going down

We have many users who are quality user of it and it can be said that bitcoin is the prime currency for any thing and few are the bitcoin lovers i am one of them because i have bought 1 bitcoin last month and still am holding it.

Well we second that. This might actually be true because most people who buy bitcoins are only interested in financial benefits. They are not interested in the development of bitcoin. They only seek profits.

Maybe because some really do not interested on what bitcoin is all about, they do care about the profit that it is to benefit as a whole... maybe because the motivation and the motivate ain't right that is why, they thought bitcoin as something like atm machine that whenever they need money they will just get it without really knowing the Pros and cons of it.

Users don't born with quality it is the duty of the community to make them proper for bitcoin and also strictly maintain this.

Hi, guys, investing pretty good stuff, I'd like to share my profit, which finally took my eyes off the monitor. I invested the enclosed month.

I somehow agree with you! I also think that most of the new users or the newbie aren't knowledgeable enough in terms of understanding the full concepts of cryptocurrency like bitcoin. They are not really that passionate to learn it deeply and just want the income they might have resulting to the increase of panic selling. However, maybe some of the newbies acqyured enough learnings regarding to it so don't generalize the newbies.

things like this don't happen to bitcoin alone, all stock markets also have them, but with FOMO they make the market still able to move in balance, imagine if all are quality users, there is no panic and prices will stabilize because all realize the potential and choose to be holders, fluctuations and profits will also not develop.

With this, I can argue, although currently bitcoin is not in the best condition, but still users and popularity as a coin on which you can climb exists, and many users adhere to this theory.

I agree with you, it is really obvious these days that these newbies are playing the cards wrong. Ignorance is a key they say, they do not make an effort in understanding how the market works. All they want is an easy profit with no hardwork and dedication. Future generations should learn to understand that earning in crypto currencies does not happen overnight and if they want to earn profit, they might as well put their best foot forward. Being knowledgeable is essential and we should all have it.

Everyone has different strategies, someone came to bitcoin for long-term reliable investment, someone uses short-term, and someone tries to earn easy money. But it's not as easy as it seems, so many are disappointed in bitcoin and sell it. The better for the community.

I also thought about it, especially I am annoyed by those who due to lack of information loses their investment, and then begins to blame the imperfection of technology. That's terrible.

This is always very surprising to me, because people invest their own money, someone earns them hard work, but do not bother to study bitcoin and its storage. And often, it is these people who fail in bitcoin and as a result are disappointed in it.

Your observation is not far from the truth. I share with you similar idea. People these days have less time to know about Btc but are only interested in making it big here. Maybe, for what ever reason, they believe they can make it quick over here and when it turns out to be otherwise, they panic sell and further dump the price.

Lack of information about investing can really lead to a certain problem. Unfortunately, not all beginners understand this, and despise the study of technologies in which they invest their money.

I partially agree that most of new users are not quality users. Most of them current BTC users are just looking for price appreciation but they are not interested to understand power of bitcoin and underlying technology. If we are a quality Bitcoin users ,then we need to learn more and support others. Also, things will change once we start getting mainstream bitcoin adoption. It's similar to Internet wave of 1990s.

Yes, you are right sir. maximum of us want to get instant money from market but not have enough knowledge about cryptocurrency market as well as bitcoin also. As a result they invest without knowing anything and also selling that is very much problematic for market. If they invest with proper knowledge they may gainer. So i request to everybody to invest with proper knowledge.