Bitcoin Forum

      This post isn't based on my feelings or mindset but on the timid ones that can't speak thier mind. I call it VOICE OF THE PEOPLE
 I'd like to say big thanks to the rulership of Theymos and his team on board.
  
We've only been following some pro's and con's, apparently it's been over a decade that someone, cloaked in the name 'Satoshi',came forth with this wonderful but indicisive coinage.
 I have seen several content about Bitcoin's atrophy and that of course has given so many Protestants the guts to laugh with thier mouth agape; sometimes the whole mockery, coupled with the facts that Bitcoin is still in its crescent and also the fringe losses that's experienced after every DIP,makes it incredible for  NEWBIES
✓ I mean what's the point? Keeping it decentralized without a purpose is futile, don't you get it?  I have been asked series of questions and I sometimes wonder if I'm leading people Into doing the right thing.
 N/B y'all are participating just as we do, with a common motive so I don't think anyone is sure enough, though having predetermined motives are imperative but does it really matter when this dude's unknown or sometimes presumed?! Only curious

✓ I know  naysayers won't stop criticism, but that doesn't have anything to do with Bitcoin being irrefutable! These are the reasons why most times, people say shitty stuffs on web and the rich and interested ones who could possibly sink In much more than the regular would begin to grow apathetic , and why? You keep asking why Bitcoin falls? You should understand that clearly; this isn't an individual stuff(maybe that's the reason for the decentralization) people keep pulling out alot of money and nobody is saying anything and why?
Sometimes,it seems like a gamble but the thoughts are countered instantly for the fact that it's been running for more that a decade now.
  The whole fact is based on irregularities and that's not gonna cut it! I believe that's one of the reasons why Goldman Sachs     was on a great doubt, recovers quickly overtime and still decided to try; Technically, there's still alot to be done!

Sandra :-*

I couldn't quite wrap my mind on what you're trying to say. But, it is very wrong to immediately jump into conclusion and dismiss Bitcoin as if it's just one of the thousands of technologies and innovations that sprouted up everywhere for the last few decades, many of which without real-life purpose and short-lived.

There is actually an urgent reason why Satoshi worked incessantly on this thing. To sum it all up, it's all about freedom. Early adopters must have embraced Bitcoin because of its technology. Later on when the price began to rise, not gradually but rather quickly, many are already coming for the price. And knowing that there couldn't be more than 21 million Bitcoin, others are into it to keep their wealth. So, in a way, motives of Bitcoin supporters also vary.

Freedom is about to be earned thru BTC, thats the purpose for the most part.

There is a reason why Satosh  released BTC right after the recession of 2008, its not a coincidence. Its meant for people to get out of the fiat legacy system that is just controlled by few. To achieve this, it has to be led by leaders as well. Theymos, is just one who made people speak their minds regardless of which country you are from.

“Decentralization” is only a buzzword to most people; the public generally does not understand it, even when they benefit from it.

Out of many reasons to value decentralization, I will pick here only one:  Safety.

Most newbies are unaware of the digital monetary systems that failed before Bitcoin.  They failed because they were centralized, and their central authorities failed.  DigiCash is only the most famous example.  DigiCash, Inc. went bankrupt in 1998.  Would you want to have been holding DigiCash, when DigiCash, Inc. went bankrupt?

In Bitcoin, there does not exist any central “Bitcoin, Inc.” that could fail.  Any major participant in the Bitcoin ecosystem can fail.  The worst that can result is a short-term bearish market impact, as occurred when Mt. Gox failed.  Bitcoin just keeps going.  Your funds remain safe—as long as you keep them in your own self-custody wallet, controlled exclusively by your own private keys.  “Not your keys, not your coins.”  If you store your coins with a centralized party, such as an exchange, then you risk losing all of your money if that party fails.

I don't really care who invented Bitcoin, Satoshi or someone else, whether it was a real or fictional character, a group of people or one person, this is not important at all, the important thing is that I got my freedom through a wonderful invention called "Bitcoin". Bitcoin changed the lives of many people for the better by giving them financial freedom with features that were not available before (decentralization, privacy), the old system is like slavery and the new system gave me freedom What more do I want? This is what people are looking for all the time so I don't really care who is the real inventor of Bitcoin, I will say thanks to him without knowing his identity.

Darker, you're only giving these explanations based on already proven facts(not even proved by you) probably,this is what you've learnt from articles,btc guide and the web until it became a general expertise.
I had a pm and it read : The volatility of btc makes people sometimes wonder if there's any progressions for the future


Wonderful! Atleast you've gotten to thier point of perplexity; they're quite unaware and,left in the despair of utmost chaos, would rather become inquisitive for every single coin they'll Hold.
  You don't just assume everyone knows as much as you do; that's why we have articles and text books In schools yet employ Instructors to teach the same thing on those books.
  This simply means some people needs special attention on issues like this; I'D LOVE THOSE SKEPTICAL NEWBIES TOO QUENCH THIER INQUISITIVE MINDS WITH THESE VALUABLES
Well, I call this the Voice of the people
Sorry, I had a terrific network issueso I edited this wrongly.

Sandra  :-*

if your looking at the volatility of bitcoin. your looking at the temporary small window..

those prices swing alot... a house(insert any example asset) in texas is different price to a house sold 10 minutes later in ohio.

but if you look at the cheapest house for sale in the 1920's , 40's 60's 80's 00's 2020's
you soon see the progression of why people say house prices are a good investment over time

if your still seeing the random house(asset) prices of just the last couple years. your not seeing the big picture

..
bitcoin is the same
2011 low 0.30
2013 low $13
2017 low $700
2020 low $5k

Yes, partly based on already proven facts, but also partly based on what I've experienced myself. I have Bitcoin and I'm keeping and spending it and nobody asked me how I earned those. When I created my Bitcoin wallet, nobody demanded from me proofs of my occupation, my regular salary, and so on. I have gone through all this with the banks and even with money remittance centers. I sometimes feel insulted every time I'm asked for proofs that I am actually able to save this much in the banks. So Bitcoin to me is freedom enough.


Bitcoin's price is just a single aspect of its existence. Bitcoin is progression enough. Bitcoin is developed money.

As regards volatility, here's what it is in reality:

https://i.imgur.com/Fx9gWJq.png

Hasn't it already been achieved? Freedom to hold your own money, be responsible for it, spend it globally, and not have to rely on a third party for that? That goal in my opinion has already been met, and was met several years ago.

Just because the majority of people aren't using Bitcoin, doesn't mean it hasn't achieved its goal of allowing people freedom to use their money how they want. It just hasn't caught on massively yet.

Welcome Welsh,
Well I've got some necessary questions for you;
✓ in your own understanding, doesn't the future of bitcoin entail the pre-approval of Certain mandated sages as,maybe, accomplises to correct this imbalance and unconventional perception?
✓ do you really wanna make the masses believe that Bitcoin will one day rise to a certain preeminence that even to the nooks and crannies, every single person will indulge without even having the least barriers like ILLITERACY?
✓If you said that Bitcoin is freedom,fiat is slavery; is this freedom accompanied with unleashed security and easiness on operation processes as compared to fiat? That's to say; are these privkeys almost unable to be cracked by hackers?
   The thread is open for everyone's opinion
N/B : people that are willing to learn are reading and learning from this thread, don't drop facts with uncertainty.
I call this VOICE OF THE PEOPLE

Sandra :-*