Bitcoin Forum

Economy => Speculation => Topic started by: Kontridder on November 12, 2014, 06:58:12 PM



Title: Falling is shooting interviews now.
Post by: Kontridder on November 12, 2014, 06:58:12 PM
https://www.youtube.com/watch?v=GYJdOiLqSxE

Thats why he is not active anymore on bitcointalk..
Remember folks , what you see is what not you get!
We are going no where but down!
This is the ultimate bull trap.
Cut you looses!


Title: Re: Falling is shooting interviews now.
Post by: RodeoX on November 12, 2014, 06:59:15 PM
Good grief.  :-[


Title: Re: Falling is shooting interviews now.
Post by: wobber on November 12, 2014, 07:03:27 PM
http://intermarketandmore.finanza.com/files/2011/01/bull-trap.gif


Title: Re: Falling is shooting interviews now.
Post by: alexeft on November 12, 2014, 07:04:32 PM
https://www.youtube.com/watch?v=GYJdOiLqSxE

Thats why he is not active anymore on bitcointalk..
Remember folks , what you see is what not you get!
We are going no where but down!
This is the ultimate bull trap.
Cut you looses!



Latecomer grieving??? LOL  :D


Title: Re: Falling is shooting interviews now.
Post by: Malte on November 12, 2014, 07:17:56 PM
I don't get his reasoning, he main critique is that bitcoin penetration/usage is way lower than "previously thought" or how the community makes it look like. I agree with that, but what does this say about possible future developments? if anything, I'd say "oh great, so I'm even more early adopter than I thought" or "there is way more room for growth than previously thought".


Title: Re: Falling is shooting interviews now.
Post by: Torque on November 12, 2014, 07:25:36 PM
I don't get his reasoning, he main critique is that bitcoin penetration/usage is way lower than "previously thought" or how the community makes it look like. I agree with that, but what does this say about possible future developments? if anything, I'd say "oh great, so I'm even more early adopter than I thought" or "there is way more room for growth than previously thought".

Only ~1.2M wallets have anything in them other than just dust or empty.  Entities, merchants, and individual users can have more than one wallet.  So do the extrapolation.  Yep, we're still ridiculously early adopters.


Title: Re: Falling is shooting interviews now.
Post by: notme on November 12, 2014, 07:37:55 PM
I don't get his reasoning, he main critique is that bitcoin penetration/usage is way lower than "previously thought" or how the community makes it look like. I agree with that, but what does this say about possible future developments? if anything, I'd say "oh great, so I'm even more early adopter than I thought" or "there is way more room for growth than previously thought".

At least future development got a clear degree of uncertainty. I really loathe the desillusional people here that sometimes seem to only live in their own dreamworld. Almost everyday I see the same bullshit statement passing by: 'Adoption is ever increasing and....'. I really ask myself if the idiots that bring that shit to these boards tell that to themselves each and every day before they go to sleep, thinking about their 800 dollar+ coins. Whenever there is some lame announcement about some new Bitcoin venture, people immediatly grasp the opportunity to implictly proclaim that market adoption has just doubled again.
 
I know better and so do many others here; if they will admit it is a second. When I read the media regarding Bitcoin, it is mostly (if not nearly exclusively) bad news. When I look around me I literally see no one using Bitcoin out of dozens of people I know. Above all I know for sure that many of them will never start using it, as they want to avoid risk. The adoption myth will slowly deflate itself in the mid term.

Looks like pretty strong growth in usage to me:
https://dl.dropboxusercontent.com/u/176027/txs_excluding_popular.png


Title: Re: Falling is shooting interviews now.
Post by: ParabellumLite on November 12, 2014, 08:00:08 PM
I don't get his reasoning, he main critique is that bitcoin penetration/usage is way lower than "previously thought" or how the community makes it look like. I agree with that, but what does this say about possible future developments? if anything, I'd say "oh great, so I'm even more early adopter than I thought" or "there is way more room for growth than previously thought".

At least future development got a clear degree of uncertainty. I really loathe the desillusional people here that sometimes seem to only live in their own dreamworld. Almost everyday I see the same bullshit statement passing by: 'Adoption is ever increasing and....'. I really ask myself if the idiots that bring that shit to these boards tell that to themselves each and every day before they go to sleep, thinking about their 800 dollar+ coins. Whenever there is some lame announcement about some new Bitcoin venture, people immediatly grasp the opportunity to implictly proclaim that market adoption has just doubled again.
 
I know better and so do many others here; if they will admit it is a second. When I read the media regarding Bitcoin, it is mostly (if not nearly exclusively) bad news. When I look around me I literally see no one using Bitcoin out of dozens of people I know. Above all I know for sure that many of them will never start using it, as they want to avoid risk. The adoption myth will slowly deflate itself in the mid term.

Looks like pretty strong growth in usage to me:
https://dl.dropboxusercontent.com/u/176027/txs_excluding_popular.png


I wonder how much of that is due to trading. Also: what immediatly catches the eye is that the growth in adoption seems far slower than price growth (that is, the bubble we saw in november/december 2013). I still don't see people jumping into Bitcoin, as it is far too complex for the average joe. He wants something simple, easy and safe, and therefore Bitcoin will simply prove to be no candidate at all in the long run. I expect that some altcoin (that is, not some Bitcoin clone but something real like Nxt for example) will take its place and that particular altcoin might have a small chance of becoming used as it is meant to be.


Title: Re: Falling is shooting interviews now.
Post by: notme on November 12, 2014, 08:13:31 PM
I don't get his reasoning, he main critique is that bitcoin penetration/usage is way lower than "previously thought" or how the community makes it look like. I agree with that, but what does this say about possible future developments? if anything, I'd say "oh great, so I'm even more early adopter than I thought" or "there is way more room for growth than previously thought".

At least future development got a clear degree of uncertainty. I really loathe the desillusional people here that sometimes seem to only live in their own dreamworld. Almost everyday I see the same bullshit statement passing by: 'Adoption is ever increasing and....'. I really ask myself if the idiots that bring that shit to these boards tell that to themselves each and every day before they go to sleep, thinking about their 800 dollar+ coins. Whenever there is some lame announcement about some new Bitcoin venture, people immediatly grasp the opportunity to implictly proclaim that market adoption has just doubled again.
 
I know better and so do many others here; if they will admit it is a second. When I read the media regarding Bitcoin, it is mostly (if not nearly exclusively) bad news. When I look around me I literally see no one using Bitcoin out of dozens of people I know. Above all I know for sure that many of them will never start using it, as they want to avoid risk. The adoption myth will slowly deflate itself in the mid term.

Looks like pretty strong growth in usage to me:
https://dl.dropboxusercontent.com/u/176027/txs_excluding_popular.png


I wonder how much of that is due to trading. Also: what immediatly catches the eye is that the growth in adoption seems far slower than price growth (that is, the bubble we saw in november/december 2013). I still don't see people jumping into Bitcoin, as it is far too complex for the average joe. He wants something simple, easy and safe, and therefore Bitcoin will simply prove to be no candidate at all in the long run. I expect that some altcoin (that is, not some Bitcoin clone but something real like Nxt for example) will take its place and that particular altcoin might have a small chance of becoming used as it is meant to be.

Nobody will ever use the internet, it is way too complicated.

::)

Altcoins can't simplify the protocol without taking something away.  We don't need a simpler protocol.  We need user friendly layers built on top of the protocol, and we are 100 times closer to that now than we were 1 year ago.  It is still way early in the Bitcoin timeline and to call it dead at this point is drastically short sighted,


Title: Re: Falling is shooting interviews now.
Post by: redwraith on November 13, 2014, 02:05:21 AM
I don't get his reasoning, he main critique is that bitcoin penetration/usage is way lower than "previously thought" or how the community makes it look like. I agree with that, but what does this say about possible future developments? if anything, I'd say "oh great, so I'm even more early adopter than I thought" or "there is way more room for growth than previously thought".

At least future development got a clear degree of uncertainty. I really loathe the desillusional people here that sometimes seem to only live in their own dreamworld. Almost everyday I see the same bullshit statement passing by: 'Adoption is ever increasing and....'. I really ask myself if the idiots that bring that shit to these boards tell that to themselves each and every day before they go to sleep, thinking about their 800 dollar+ coins. Whenever there is some lame announcement about some new Bitcoin venture, people immediatly grasp the opportunity to implictly proclaim that market adoption has just doubled again.
 
I know better and so do many others here; if they will admit it is a second. When I read the media regarding Bitcoin, it is mostly (if not nearly exclusively) bad news. When I look around me I literally see no one using Bitcoin out of dozens of people I know. Above all I know for sure that many of them will never start using it, as they want to avoid risk. The adoption myth will slowly deflate itself in the mid term.

Looks like pretty strong growth in usage to me:
https://dl.dropboxusercontent.com/u/176027/txs_excluding_popular.png


I wonder how much of that is due to trading. Also: what immediatly catches the eye is that the growth in adoption seems far slower than price growth (that is, the bubble we saw in november/december 2013). I still don't see people jumping into Bitcoin, as it is far too complex for the average joe. He wants something simple, easy and safe, and therefore Bitcoin will simply prove to be no candidate at all in the long run. I expect that some altcoin (that is, not some Bitcoin clone but something real like Nxt for example) will take its place and that particular altcoin might have a small chance of becoming used as it is meant to be.

Like many of you btc detractors, you act as though bitcoin should have just sprang into existence and been as easy as a credit card to use from day one.  With game changing socio-economic breakthroughs like bitcoin, it doesn't happen like that; even widespread use of credit and debit cards took years to take hold.  Right now bitcoin is in its infant growth phase, where development is taking place to help make it much easier to use.  The key phrase is "give it time."