Bitcoin Forum

Not everyone will support Bitcoin of course. We've seen such behaviour in our daily lives; just like not everyone likes you. Another example is Mark Cuban; an American billionaire entrepreneur. In 2017, he said that you should "only invest in bitcoin if you’re prepared to lose your money". We all know that bitcoin is volatile can that 'can cause' loss of your funds but... That statement is like saying you shouldn't invest in Bitcoin. Now earlier this year, in April, Cuban said that he'd “rather have bananas than bitcoin”. Now, in December, he said that his thoughts about Bitcoin hasn't changed.

He also said that "no matter how much bitcoin fans want to pretend that it's a hedge against doomsday scenarios, it is not". While researching, I learnt that one of his reasons for the hate is that he believes Bitcoin to be complex when it comes to usage. "It would have to be completely friction-free and understandable by everybody first." he said. But honestly, I don't see how Bitcoin is complex, all what we know was taught. He makes it look like you need a laptop to access / use it.

He's gone so far as talking his grandma out of it. “She was like, ‘Baby can you help me get me invested in this? Just buy me a couple of the bitcoin, and we’ll just hang on to them' ". This simply proves that some people won't just see the good in Bitcoin. So, don't talk anyone into it. I know he's not the only one who talks such about Bitcoin, but, we are not convincing anyone!

Why should we care about the opinions of Mark Cuban?
There will always be Bitcoin critics and FUDsters.We are aware about the flaws of Bitcoin and the risks involved in crypto trading and investing,so we don't need opinions from the FUDsters,who repeat the same BS over and over again:"Bitcoin is too complex,Bitcoin is being used by criminals,Bitcoin is too risky,Bitcoin is a big bubble,etc."
All this FUD BS has been discussed many times on the forum.The FUDsters can't stand a chance in a debate against experienced Bitcoiners.

In every investment they have haters just like in the bitcoin they have a lot of people who are envy of bitcoin because this coin already successful. He is right also that you can invest only you can afford to lose because bitcoin is still risky even it is good opportunity to earn money.

Even other people is agree with bitcoin as long we are still here it is okay because we are the supporters of the bitcoin who protect from the haters and realize them how bitcoin is important.

One thing is sure that we'll can't agree on something especially when it come to issue of technology, Bitcoin was a new technology when these comments were made by these men/women, but recently can't find them with such bogus words again becasue they have come to terms with the technology. What they refused to understand was that, Bitcoin can't be real, something virtual to take huge place in the real world was unbelievable to them sincerely.

It was long ago i discovered that, Bitcoin was made/created for the smart and not for the long aged dormant generation we find these haters of Bitcoin.

Can't please all of them plus everyone is entitled to their opinion/belief hopefully that still stands today. Cuban is a billionaire and he is just one of many, if he does not agree with bitcoin then there will be one or two who will agree. I do agree about his statement that bitcoin is not a hedge for doomsday scenarios, if taken to a literal sense, I would go for something practical rather than a bunch of codes when the society as we all know it collapse.

Some billionaire or rich people also think the same. We have different minds, different opinion with Bitcoin. Mark Cuban is one of the example, it's just his own opinion, some billionaire too may disagree or agree to him.
That's why what the majority telling, don't invest all to Bitcoin or don't all in, or diversify to some assets. They may be true. No one knows the future of Bitcoin. But the innovation or technology behind Bitcoin is really amazing and I believe it will stay forever and will help our daily lives.

That's because, his own perspective of "investing in Bitcoin" is to make his profit, and convert back in fiat.


But IT IS. It's an "asset" you can HODL if you want to opt out from the current financial system, a financial system that might be unable to control it's own monetary system.


He believes he know everything, and from his perspective of "investing", he missed a golden opportunity to make his profit. 8)

Well right now it's easier to count how many bitcoin haters we have left, it can't be compared to many years back when bitcoin was fighting the biggest war of survival, many haters I knew then are now investing into Bitcoin, the remaining haters will end up doing the same thing sooner or later, it's only a matter of time

Pros and cons will always exist in a business, of course this is also very influential for the development of bitcoin.

Including one of the billionaires who say it, because the impact can go up and down. I think this is something that usually happens so far, everyone has the right to have their own opinion and determine for themselves which is the best for him. When it comes to investing, I think this also depends on the individual's thinking, considering that everyone's level of risk is also different.

I think that statement is not unusual to us. Bitcoin has been around for 10 years and we're all aware that there are people who wouldn't believe us even if we lay tons of proofs that it has lots of potential. With that, I think we can say that bitcoin is not for the weak.

As that Cuban guy have said, it's volatile so just enter if you're ready to lose money. I guess that is true. But great gains also come from great risks. I know we want mass adoption. But we should not pressure people into liking it. We'll just waste our energy. Eventually, they'll also see what we see in bitcoin.

I agree. There are lots of individual person that has their own explanation, beliefs and expectation in bitcoin. You can listen to them but you can't force them to like bitcoin if they reallu don't want. We all know that bitcoin has a lot of things to approved or positive idea. There are different person that into it today, and also becaus eof the recent achievement it reached.

Others might not that convince by the essence and idea of bitcoin but that is okay. And yes, one of the reason for me that people hate it is about the risk of this kind of cryptocurrency or digital money. Bitcoin might be a good investment when it comes to profits, businesses or personal matter but the chance or the percentage of risk is high also. You don't need to force someone to like it. Just tell them what is you thoughts and let them to decide wether they will go for it or rather stays hated it.

You shouldn't mind people like him and Warren Buffett has the same thought about bitcoin and it's much more than that. It doesn't matter if these well known people have their common about disliking bitcoin. They're not the only influential people that we can count on. We had the institutions and they're not ignoring it anymore.

What really matters is that we have our own stash. We're piling and getting ready if a bigger uptrend comes. Just don't mind those people and only mind yourself and keep stacking while you can, mind your business and let the HODL principle continues!

everyone (politician, billionaire, businessman, woman, man) has a different view of Bitcoin (its future price or existence).  I never follow the news of billionaires or influential figures who don't like Bitcoin, following the news about them is just a waste of time.  investing is about gain or loss and not about feelings..

It doesn't really matter if other people no matter how rich they are doesn't support Bitcoin. The reason why they don't support bitcoin is because Bitcoin crushed their feelings, so their pride is resisting. I mean, they were thinking already about investing in Bitcoin way back when it's still not that skyrocketing, but they doubt it and Bitcoin prove them wrong every single day that's passing by.

What important is that those people who are supporting Bitcoin and those who are going to support Bitcoin in the future. Bitcoin doesn't care about them, so don't mind those kind of people.

No matter if you are talking about bitcoin or something else. There are always some people who are not agree with your investment plan some of them are right and some are wrong, they have some reason usually. For example, bitcoin haters say bitcoin doesn't have any value itself like gold and the price is only depends on the supply and demand is the market, but they forgot that the supply and demand gives value to anything, even when you are talking about gold, without of supply and demand, gold is worthless.

We don't need to beg someone to invest on bitcoin if they are really stubborn and narrow-minded about it.

It is enough that we tell them the benefits, importance, and goals of bitcoin to become informed about it and how it works in the market.

I tried to introduce bitcoin in my family and friends and all of them understand me and they know why I am doing those things. Now, some of my family members already invested on bitcoin and they are making profits right now that bitcoin is in another ATH this month.

They thanked me, and that's really the best experience for me.

Sometimes, we should not force people about something that they are not willing to engage with.

Sometimes, it is really hard to explain why bitcoin is important and useful for investment.

Not all people will listen you because most of them really want an easy source of money, they are willing to work 24 hours and not look on the things that is much profitable when learned.

We can't blame those people who are not technologically inclined, those people who are not techie enough to manipulate their assets. We need to accept the fact that bitcoin adoption is not that easy to do when people are not seeing any positive impact of bitcoin from you.

They will just believe you when they see the result of your success, such as cars, big houses, businesses, and etc.

Bitcoin can be too complex for some ordinary mind to understand, institutions said it was a fraud and some said it was a bubble that will burst and the majority of them now invested in it as their reserve fund.
With that been said, Mark Cuban impression about Bitcoin shouldn't bother us because he's someone who is into politics and in the next election he may want to campaign for a post and this may be the best way for him to get people's attention.

Or Maybe it is a Reverse ? maybe the true man there is Invest if you are also willing to lose ,Not expecting a concrete income but if happens then Its a
Boom,like what we had right now at this very moment.

Sorry but why So affected in this Statements when even Bill gates and other Billionaires talks
about negativities of crypto ?while i think that they are simply investing secretly .

I don't know why you're so interfered by this Man ,But i care nothing about His whole statement ,
I invest at my own risk so Better do the same as well.

Let them think what they wanted to. We have our own opinions on something and this is also the reason why I don't actually push other people to invest in bitcoin or crypto currencies. I am also blamed in the past when my friend invested because I told him to. That is the last time I ever told someone about investing and trading bitcoin or other crypto currencies.

Skeptics and those that are uneducated about crypto are the hardest people to convince about bitcoin even if you tell them that it can be exchange to fiat and tangible things, nevertheless if I encountered such person I never pushed my opinion instead I point them to some reading materials about bitcoin and crypto its better to educate them rather than argue about it.

Bitcoin is indeed a little more complicated than fiat cash as far as its usage as a currency is concerned. We have to admit that. There is no need denying that. With cash, all you need to have are those cash alone and you're good to go. With Bitcoin, it is not the case. You need more than just a piece of paper crumpled inside your pocket. Although this is too shallow a basis not to choose Bitcoin over fiat cash, if this is what is most important to them then so be it. There's no problem with it. It is not as if fiat cash is to be completely replaced with Bitcoin soon.

There is no one who will force most people to believe and having bitcoin as their investment place. There may some people who capricious like when bitcoin price meet a big dump they will assume that bitcoin is flawed when used as an investment place, you can lose your money in seconds due to the volatility of the price. We have seen a lot, bitcoin price crash and there will be many people especially in this forum who doubt and become bitcoin haters.

But, it is otherwise when bitcoin price up like this time, there will be many people who consider that bitcoin can be called as safe heaven place beside gold because when the economy in most countries falls bitcoin showed the opposite. Then we will see especially in this forum as well who precipitant to tell that bitcoin is good and can defeat all investment place, it is worst. At this time, I'll never talk about much bitcoin to many people who know me (in my real life) I'll let them know for themselves about bitcoin and its ins and outs.

earlier this day the name mark cuban appeared in my news feed but i didnt open the link because i was in a rush visiting bitcointalk but if i remember the few words that i read , his statement was against btc but i dont care whatever he says .

 he is another hater in btc and he isnt alone  . im going to laugh with those guys because the more they hate btc the more btc slap them with the price lol .

edit: i think i found it again >>
https://www.cnbc.com/amp/2020/12/17/mark-cuban-bitcoin-is-a-store-of-value-that-is-more-religion.html .

A layman doesn't have to understand how bitcoin works to be able to use it, all he needs is to download the bitcoin app wallet on the store and buy bitcoin on exchanges.
Volatility is a better reason for people to not involved in bitcoin but time has proven that the value of bitcoin continues to increase rather than decrease, so it is suitable for a long-term investment, simply hold it for ten years and find out how much it can grow compared to put it in the bank account or any other investment.

For all the things that bitcoin showed us they still doubt it? I think those are the ones that don't know what bitcoin really is. We already know that bitcoin is a good investment and a way of making transactions since it is fast and safe. Those people are the ones who trusted bitcoin at first but they invest without knowing the nature of bitcoin, or maybe they are being scammed by the projects that need bitcoin as an investment and making a statement that bitcoin itself is a scam, which is not. It is the people who are taking advantage of the ignorance of others. That is why knowledge is important before making any move to create your money involving bitcoin. 

To be honest, they are actually supporting Bitcoin by saying they are not supporting Bitcoin, how is that? by making Bitcoin more publicized! Guys like him only makes Bitcoin more popular though so it's a win-win for Bitcoin either way.

IIRC, there's a gold supporter who's negative towards Bitcoin yet 50% of his twitter post are about Bitcoin lol (Forgot his name though).

This is called insulting to increase the value...
Those who don't like Bitcoin and make bad posts about Bitcoin on Twitter are actually accidentally making people curious about Bitcoin. One good marketing trick is not just to be supportive but offensive but to indirectly lead to an endorsement.

One does not have to know the technology behind Bitcoin in order to use it, but it would be ideal if he would.

Second of all, he says that Bitcoin is "complex to use". In the era of technology where we all know to browse smartphones, create Instagram stories, make selfies, etc. it is not harder to copy paste an address to send and receive Bitcoins from, especially when there are some very user-friendly wallet out there.

Who the heck is Mark Cuban? Yes you defined him as an entrepreneur but what did he do at majority to make such statements though.
Why the heck are we talking about some guy ranting about certain coin? It's not like we can even believe what he says just like what majority of trolls that even have reputation in the whole internet like Mcafee.
Just buy when you want to buy.

PS. I searched Mark Cuban and he kinda looks like Craig Wright. Not surprised they're both against the real Bitcoin,lol.

It is very natural for some people to display their resentment towards btc at the beginning because they are not fully informed (or just too egocentric to know) but it they give themselves a little time to get acquainted with btc am sure they will change their mind, there is nothing too complicated about btc and good it about it is, you don't need to be a dev to use btc, just the basic is enough to keep you started.

Mark Cuban is just jealous he missed out for lack of PC knowledge.

My question to all of you who value opinions of rich people and other investors is: would you buy something if Mark Cuban or someone else told you to do it?

If you say yes then I wouldn't even try to argue anymore. This means you are a follower, not a leader.

If you say no, you shouldn't care if these people tell you not to buy Bitcoin. They're just people like you and me and they can be wrong. I've never followed Cuban, Buffett or Schiff and I don't care what they think I should buy or not buy.

 ;D ;D ;D ;D funny, but maybe is true hahahha.

Sooner or later one of the Mark Cuban Company will start adopting  bitcoin if the hype of cryptocurrency still happening i see the Mark Cuban Company https://markcubancompanies.com/ and some of it work in IT business so yeah

Well, it isn't exactly wrong back then if you take a look at some of the events around Bitcoin. Everyone is entitled to their own opinion, and honestly, Bitcoin is seen as a volatile asset and then the bubble popping making quite a lot of people lose possible profits, it isn't really something rare that some view Bitcoin negatively. It is for a fact though, that long-term investment in Bitcoin has shown positive growth so far, but there's a different perspective for each person after all.  Just let it go tbh, nothing we can do, it is for a fact that Bitcoin is volatile, and there's always a 50/50 chance of you losing money.

Having your own opinion should be fine and all, as long as you made that own opinion on your own ofc, without any influence of other personalities. You can reference them, but that's the limit, don't let it influence you, though it's kinda difficult but eh, I'm pretty sure most of us here are doing that anyway.

Thats for sure, many are still accusing and doubting Bitcoin about things that they dont understand, So that was a reality in our time, We have a different opinion and different belief thats why it is understandable. So it's better to educate them if they are not aware of the Bitcoin function so that we can settle our differences in due time.

I do not know who he is, and I do not care what he is saying because bitcoin is still bitcoin, which can help me make money.
I realize that not all people like or agree with bitcoin, and we do not have to listen to them if they do not agree with bitcoin.
They will decide to use bitcoin or do not want to agree with bitcoin because we do not have to force them to agree with us.
We choose this, and they have their own choice, so we do not have to disturb them by introducing bitcoin anymore.

I also realized that there will always be Bitcoin hater, because there are always people who don't like Bitcoin and always think
negatively about Bitcoin. We can't force everyone to like Bitcoin, so don't think too much if you meet people who don't like Bitcoin.
Everyone has a different way of thinking, we must be able to respect differences of opinion. That way we in this world will be more
peaceful. Therefore a forum like bitcointalk is needed which provides a gathering place for people who support Bitcoin. And I am very
happy to be in this forum, because I can discuss all things Bitcoin related.

I'm happy you mentioned that this happens in our daily lives. We've all got some people who don't like us or approve of us. It is the same with every other thing. There will always be critics who will always find faults with a thing and ardent supporters of the same thing.
We all know of Peter Schiff and now here is Mark Cuban. I am of the opinion that every serious bitcoin user shouldn't regard their words. It is because they do not understand the concept and benefits of bitcoin. I believe bitcoin has been made simple enough for everyone to understand and they choose not to, then it's nobody's fault

there are so many old people who are very smart too. and I've seen and know so many old people into bitcoin infact most of crypto enthusiast and altcoin projects owners are middle aged or old aged. that is true that Bitcoin has a lot of haters but it doesn't effect bitcoin's value and it's use cases.
if someone think about bitcoin with cool mind. he'll understand that and never hat bitcoin again.

When people don't bring themselves down to learn something how will they know how it works? Yes, he doesn't know how Bitcoin works because he has failed to bring himself down to know it. Also, when people fail to read up on something, it is obvious they will have little to no knowledge about it thus saying all manner of things justify their stance; this is the case with many people out there saying whatever they want because they have failed to understand Bitcoin, hence there is no need being bothered by them. He has been saying ill about Bitcoin since and till date, it is still growing, so who is lossing and who is gaining, what about institutional investors, platforms and cooperation getting involved with Bitcoin, does it mean he knows far more than them?
To be frank, we shouldn't be bothered about talks like that, however allow them to keep seeing the growth within Bitcoin, a time will come when they will be the ones to convince themselves.

I know it and I have to say that I couldn't care less. First and foremost, they aren't attacking me personally. I don't feel obliged to defend Bitcoin from them, they can do what they want and it only makes them look stupid. The market will verify every single claim they make.
It's always important to have your own opinion and not try to fit in at all cost. My father was a great example of a naysayer. Every time I told him about my plans his answer was "don't do it, you'll get hurt" and you know what? After a while I stopped telling him. I kept doing my thing and dealing with consequences. So should you.

Indeed and even me, i don't give even a damn little time to spend to care for what they have said. We all know that bitcoin or cryptocurrency weren't known by all the people all around the world and expected that we have our own opinions and insights regarding on the new things that may come into our life. And yes cryptocurrency or bitcoin serve as a new thing to us but what good about this good thing was it give us the profit and i'm glad that i already knew it.

Mark Cuban is one of my favorite personalities but just because I'm a Dallas Mavericks fan for almost 2 decades.

In terms of his view about crypto, I don't really care as I have my own view about bitcoin too. Everyone is entitled to say about their own view about bitcoin whether it's good or sh*t. Why should we expect the majority should have the same view about bitcoin?

Bottom line, up to you if you will buy those statements. Bitcoin can move forward amid critics. Why should we care about those sh*ts views? Let's mind our own business.

Agree with you many of them still hate BTC I would say them as unluckiest people in the world, we have so many examples of the past like none them were ready to buy because of fear thinking that it could be a new technique of scam, those who trusted and invested in BTC are millionaires today we'll that's how BTC is gradually increasing day by day. BTC is giving opportunity for everyone either he/she believes or not let's move on for a better tomorrow.

I simply say, suppose you are a doctor and you go to your area and offer free medical care to all the poor patients.
Is it a good deed or a bad deed?
Of course, this is a good thing, but you will see a group of people who are against your work, they will say that you are giving free treatment, it seems that the doctor is not good.
So, whatever is good or bad, there will always be some people against it.
No matter how much the price of Bitcoin goes up, there will be some people against on it, SO, no reason to worry about it.

There are many billionaires like Mark Cuban who have already invested into Bitcoin and some of them became billionaires thanks to bitcoin. We shouldn't be paying much attention to Mark Cuban's statement, because we cannot forcefully change or showcase benefits of bitcoin when he has already decided to hate bitcoin regardless of its growth and benefits.

It is already given that not all are really into supporting Bitcoin for they do not truly understand it making them to isolate themselves or avoid getting into Bitcoin for they easily believe on negative thoughts of other people with regards to Bitcoin. We cannot convince them all to like Bitcoin because we do have different perception about it and we must let it as it is for the concern must focus on ourselves and to everyone who also believes on Bitcoin. Let them realize their own ideas are not right with Bitcoin that makes them to not like it. More likely, just like the others, they will end up liking and believing on Bitcoin in no time. Just let them see it for their own.

People can freely express their perspective; thus, they have a divergence of views.

It is quite common to encounter people that oppose your particular perspective. As they are typically unfamiliar with the use and purpose of bitcoin. So, we should learn to be open with the different opinions of others.

In such a manner, we will be able to understand the possible root of their allegations because there could be any conditions that may influence their views. And, the forum helps people to comprehend the variety of subjects associated with bitcoin. It serves as a powerful instrument that encourages everyone to share thoughts and pieces of knowledge. Thus, those people who seek a better understanding of bitcoin join the forum.

I don't think that statement that way.  I think it is more like of saying that everyone should be prepared for losses whenever they are planning to invest in Bitcoin. 


Well, this statement shows that he rather have ordinary tangible things than the more expensive but virtual ones.  But who cares about his belief, we have our own thought and understanding.  Why should we base our decision to someone who don't understand the real potential of cryptocurrency especially Bitcoin.

The best thing to do with it is just to ignore them, there is nothing that we could get from them if we keep on recognizing them, they hate bitcoin then let go, we don't news to force them to like bitcoin if they don't want it, even though they have big names and popular it won't still affect the bitcoin. Let them not get benefits with cryptocurrency especially the bitcoin. There are many people like him, even those normal people who also hate bitcoin or don't want to try it because of thinking that it is a scam and not good at all.

We can also listen to Robert Kiyosaki, who never ceases to assure everyone that it is necessary to buy bitcoin and whenever possible regularly. Why should we listen to someone who is trying to dissuade or, on the contrary, attract our attention? I urge everyone to have their heads for a sober assessment. It's up to us to decide what to do with our funds. Someone is simply distributing money for humanitarian purposes, can we dissuade him? He has every right to do so.
As for bitcoin, there are people on the forum who believe in it. And also some deny it. But only time shows who are right and who is not.
The majority here agree that our investments should be reasonable, that is, we should not make such spending, after which we will suffer damage. For this, people communicate here to improve their level of knowledge about cryptocurrencies.

That person sounds like a moron though. What is their point? When I first started using crypto the ease of use was one of the first things I noticed. I am sorry but if you cant copy paste type in a number and click send you probably shouldn't be anywhere near money or computers.

Making a wallet is very ease as easy as an email with one exception is that you backup your private key instead of a password and email address. Opening a bank account is pain you need all this info and you need to visit the bank to prove who you are and have all these forms. Crypto you don't need any of that. Anyone anywhere can create a wallet. You don't need special permission from some bank.

I thought of this too, I don't see how he considers it complex when it's as basic as pasting a wallet address and clicking send. To me, it's even easier than sending someone a text message.

Finally, I think I may have to conclude that he doesn't actually know what he's saying. Think of it, creating a wallet address can be done in 3 minutes, and there's no part of it that requires you to be a dev, and yet, someone still calls it complex, I think he may not have proper information or maybe he just wants to make Bitcoin look useless.

You're right. Now everyone will agree with the BItcoin. The reasons? Many of these we can find in real life. I will point it based on the experiences that I most find around my environment or what I have read:
1. They do not know Bitcoin exactly
Most of them do not know about Bitcoin exactly. They are not even read about Bitcoin and understand it. But they only heard something from someone and others. Without any knowledge or analysis, they claim that Bitcoin is bad and not even good to take. They only follow what people say and what the opposite media offer.

2. They know but they don't want to agree
Some of them know about Bitcoin, they know about how cryptocurrency and they also know about the basic knowledge about Bitcoin until the probably future investment. But, they ignore it to know because they really don't like the idea and condition of BTC. Sometimes, politics, financial problems, and also business lead to this problem.

3. People against Bitcoin'Many also against Bitcoin because they think BTC will make the loss of everything, make the financial system broken, unwilling rich condition of other people within Bitcoin, and also the idea of religious relation.