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Bitcoin => Bitcoin Discussion => Topic started by: EarnOnVictor on July 30, 2022, 10:51:08 AM



Title: Why I Disliked Bitcoin
Post by: EarnOnVictor on July 30, 2022, 10:51:08 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!


Title: Re: Why I Disliked Bitcoin
Post by: mk4 on July 30, 2022, 11:09:14 AM
Better late than never!

A lot of people are still pushing the "bad guys use bitcoin hurr durr" narrative not even taking into account that literally any tool out there can be used for both good and bad; and even forgetting that the very currency they're using everyday is being used for malicious purposes as well.


Title: Re: Why I Disliked Bitcoin
Post by: OcTradism on July 30, 2022, 11:57:15 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more
Why did you stick with Forex to trade Bitcoin? First they are centralized platforms. You don't have keys of your Bitcoin. After you make a deposit to their platform, you can assume you lose control of your Bitcoin forever. Will you get it back by withdrawal? It depends on that platform, are they legit or scam? Will they get bankrupted?

Trading is hard to help you get rich. Investment can help you to get rich but if you invest seriously, you should not leave your Bitcoin on any exchange.

Recommended wallets (https://www.lopp.net/bitcoin-information/recommended-wallets.html)

And another bad thing is with Forex, you can over leverage that will cause liquidation of your capital.


Title: Re: Why I Disliked Bitcoin
Post by: Z-tight on July 30, 2022, 12:06:48 PM
the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.
Bitcoin is in its winter period now, which has seen bitcoin fall to 23k from its all time high of 68k, so there you go, that is another opportunity for you again. Bitcoin development is endless, it will continue well into the future, on that there is no missed opportunity, the possibilities are endless with this network, it matters less when you join.
The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.
None of that is a disadvantage of bitcoin, fiat currencies have aided illegal activities for as long as possible, and it used for money laundering than bitcoin, if any currency should count that as a disadvantage of it, then it will be paper money. Disadvantages of bitcoin will be things like: (though they are subjective, and have advantages even in their disadvantages)
Volatility
Scalability
Limited adoption for now, and fewer places to spend it.
Responsibility and risk go hand in gloves (many folks take it to be too risky to protect their funds themselves, so they don't like bitcoin for that because they don't wanna take responsibility).


Title: Re: Why I Disliked Bitcoin
Post by: Baofeng on July 30, 2022, 12:23:47 PM
I guess your concern is genuine, but you have to think about it, will criminals used it when they know that it is psuedo anonymous, they can still be track by government? or just fiat, "cash is the king" philosophy? I guess those you describe as very smart and they know what there choices should be. Opportunities is still there, bitcoin is still fairly young as compared to stocks and other traditional financial markets. And with that said, this is the perfect opportunity, even if the price is around $20k, this is still at a discount and maybe in the next bull run, we might it at least $100k, just saying.


Title: Re: Why I Disliked Bitcoin
Post by: landheer on July 30, 2022, 01:04:02 PM
interesting topic,

your thoughts are good and correct thoughts. indeed I also know bitcoin from the first in 2015 but I started investing in bitcoin in 2020 because at that time I did not understand what bitcoin was but after I found out on the internet then I understood what bitcoin was, and finally I was interested in investing in bitcoin.  and of course I'm not the only one who is interested, but everyone is interested because they see a good opportunity in bitcoin. So don't be surprised if in this part of the world many countries are starting to adopt bitcoin, because they all see great potential in bitcoin.


Title: Re: Why I Disliked Bitcoin
Post by: Upgrade00 on July 30, 2022, 01:04:48 PM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I
Functioning as a payment system is actually the main usecase of Bitcoin, as it was meant to be a P2P payment tool, so you were using Bitcoin regardless that you didn't agree with it. That's a plus, cause it gives the impression that bitcoin was the best, and simplest option for such payments.

I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.
The propaganda of news agencies; Bitcoin supports fraud. All these while fiat is still the most used for illegal activities. These were more popular in the early days, but with more awareness, of which you've discovered, more people are begining to use it and see the benefits of it.


Title: Re: Why I Disliked Bitcoin
Post by: Eternad on July 30, 2022, 01:12:26 PM
I have this kind of thoughts too when I was a newbie here but that doesn't discouraged me to explore more about Bitcoin specifically Blockchain because this is th technology that makes Bitcoin unique. It's not too late to start accepting Bitcoin because it’s just in the initial stage which many ups and down. More important is you realized its worth and its better than ignoring it completely for the rest of your life.


Title: Re: Why I Disliked Bitcoin
Post by: NotATether on July 30, 2022, 01:15:54 PM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality.

Did Silk Road and Ross Ulbricht (aka. Dread Pirate Roberts) have anything to do with your decision by any chance?


Title: Re: Why I Disliked Bitcoin
Post by: hugeblack on July 30, 2022, 02:00:26 PM
I see that the ready responses that our minds are trying to formulate are an expression of internal failure or laziness in exploring something new, responses such as “this thing is difficult” “it is illegal” “bad people do it” and other vocabulary is the product of internal fear or laziness Or other negative psychological stimuli, but with a little research and courage, we will discover the opposite.

It is good that you have overcome your inner fears. You now need a clear plan, otherwise these fears will turn into greed.


Title: Re: Why I Disliked Bitcoin
Post by: m2017 on July 30, 2022, 02:07:38 PM
Everything that is new and incomprehensible can repel us because of the strangeness. Over time, seeing the advantages and virtues, this primary plaque fades away. At the end of the last century, people looked with skepticism at home PCs and the Internet, without which almost everyone's life is now unthinkable. The same is happening with bitcoin, whose ranks of users are increasing. But this process is hampered by the negative information background spread by traditional media: television, radio, newspapers and everything else that is already loses its power. Most people find it difficult to break through this layer of negativity and "what a bad BTC" tale. OP's story only strengthened the idea of this. Only those who have been told the truth by friends and relatives, or sources of information on the Internet, most often from crypto-enthusiasts, decide to personally come into contact with technology of bitcoin. But the best place to bypass misinformation about btc is this forum.


Title: Re: Why I Disliked Bitcoin
Post by: Rruchi man on July 30, 2022, 02:20:31 PM
The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar.
This is a valuable lesson and one people who possess the bad character of hasty condemnation/criticism without first understanding what it is they are criticizing should learn from. IMO people who normally act in such manner do it out of ignorance and always want to get people to share their opinions with them. If you happen to meet some of these individuals and don't have a mind of your own, your opinions on certain things can be affected.

I imagine how many persons whom OP may have unknowingly during his time of ignorance turned into dislikers of bitcoin as well from his open condemnation. I hope they get to see the light as you have.


Title: Re: Why I Disliked Bitcoin
Post by: cloudfir3e on July 30, 2022, 03:50:55 PM
I have this kind of thoughts too when I was a newbie here but that doesn't discouraged me to explore more about Bitcoin specifically Blockchain because this is th technology that makes Bitcoin unique. It's not too late to start accepting Bitcoin because it’s just in the initial stage which many ups and down. More important is you realized its worth and its better than ignoring it completely for the rest of your life.
although not many but there are still some people who do not like bitcoin.
maybe because the price factor is relatively too high.
even though it had reached the highest ATH, it actually experienced a drastic price decline because it almost reached 150% of the highest ATH last year.
from this it can make someone dislike or find it difficult to believe in bitcoin even though bitcoin is king and has the highest value of other crypto assets.


Title: Re: Why I Disliked Bitcoin
Post by: n0ne on July 30, 2022, 05:15:48 PM
Even now many people have the same thinking about bitcoin and stay away from bitcoin and other cryptocurrencies. These are due to lack of understanding and out of fear. During the early days it had its usage on illegal activities, darkweb and money laundering.

Now there is more awareness and people prioritise it more as an investment and I don't say it is being used for the good alone. There is usage of cryptocurrencies for other illegal needs, but people are more into the good than bad.


Title: Re: Why I Disliked Bitcoin
Post by: $crypto$ on July 30, 2022, 05:25:23 PM
I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.
It is this kind of dogma that keeps people from getting richer than the rich. This thought is considered deadlocked and has lived too long in ancient times. The stone that was made for weapons in those days was not just for hunting.

It's 2022 and that stigma still lingers in someone's mind? then there is something wrong with the concept of investment or perhaps the way to survive in responding to the development of modern times. Bitcoin is booming and you've seen it time and time again. Money laundering, terrorist financing and bad stigma are deliberately spread so you don't think. This is an era where we can invest and make a lot of profit just from home. Bitcoin is compatible with all types of technology available today. And we certainly know investing in them has given us many better life choices in the future.


Title: Re: Why I Disliked Bitcoin
Post by: _BlackStar on July 30, 2022, 06:23:27 PM
The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.
You realized it too late? No, you haven't. Sometimes that awareness has to go through a process as evidenced by a positive development towards something new like you and your previous understanding of bitcoin. In your case, it's good because now you realize that no system is perfect because humans are greedy creatures.

Bitcoin is decentralized where it is not controlled by any authority. You can't blame the knife slicing your hand, but you can blame yourself for neglecting to use it. Likewise with bitcoin, it cannot be blamed as a payment system even though users can abuse it for things that violate legality and law.


Title: Re: Why I Disliked Bitcoin
Post by: mk4 on July 30, 2022, 06:31:25 PM
You realized it too late? No, you haven't. Sometimes that awareness has to go through a process as evidenced by a positive development towards something new like you and your previous understanding of bitcoin. In your case, it's good because now you realize that no system is perfect because humans are greedy creatures.

Quick tip for the people who think they're "late": While of course you won't be making the same multipliers as someone who got in at as early as 2013, just a quick reminder that most people still actually think that bitcoin is a scam or a ponzi scheme.


Title: Re: Why I Disliked Bitcoin
Post by: Oneandpure on July 30, 2022, 06:34:40 PM
You was wrong assumtion when trading on forex although use bitcoin but get loss then you take final decision about bitcoin was wrong? Based on your story I think have bigger chamce taking profit because you have know with bitcoin trough 2012, actually if ypu looks serious you can be richest peraon right now. Many people made mistake when loaing on imvestment kind or wrong trade way claimed bitcoin as bad investment assets, actually they have made mistake how to invest money in bitcoin. Maybe very easy when you know bitcoin on 2012 and thousand way how to earn bitcoin with free qithout need to invest.


Title: Re: Why I Disliked Bitcoin
Post by: logfiles on July 30, 2022, 08:53:33 PM
I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.
You also forgot to think that fiat currencies especially the US dollar has been used to aid human trafficking, money laundering, terrorism, drug trafficking, corruption etc for decades and decades but nobody bats an eye. If you want proof, it's staring at you. All you have to do is make use of your search engine. Bitcoin has been victimized because Governments are afraid they will lose grip from people.


Title: Re: Why I Disliked Bitcoin
Post by: rdbase on July 30, 2022, 09:03:21 PM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality.

Did Silk Road and Ross Ulbricht (aka. Dread Pirate Roberts) have anything to do with your decision by any chance?
His business and dealings in bitcoin will be like those stories that parents tell their kids about.
Soon enough it will be view as just a fairy tale to be told to those children are about to go to bed.
Just like little red riding hood.
But in this children's book, the FBI are the wolves and Ross is the youngling in distress.


Title: Re: Why I Disliked Bitcoin
Post by: Smartvirus on July 30, 2022, 10:17:39 PM
One thing you failed to realise early @OP is the fact that, fiat is used in illegal acts as well. There are more than  a thousand ways to launder money without using bitcoin for a base currency. People launder money through luxuries cars a d washes and yet, no one by passes this if they could afford them cars and watches.

Better late than never!
I think the best thing that could happen to anyone with lost chances in the past is what has been summed up in this quote. Lots chances cannot be recovered hence, you start where you can and build your future from there. Lessons learnt now, you action what you've learned and am sure your buying bitcoin as it is.


Title: Re: Why I Disliked Bitcoin
Post by: Slow death on July 30, 2022, 10:30:39 PM
Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.

before bitcoin existed, crimes already existed and criminals used and continue to use Fiat, if you look you will see that criminals prefer to continue with Fiat and you also use fiat every day in your country or you also stopped using fiat in your country Why do criminals in your country use fiat to commit crimes? I'm not judging you, my point is that many people when they look at bitcoin they soon rush to make harsh judgments but forget that gold and fiat and other assets are used in the criminal world and people don't stop using it every day even knowing this important fact

And another bad thing is with Forex, you can over leverage that will cause liquidation of your capital.

i see so many people lying that they make money on forex i wonder how many people actually make money on forex


Title: Re: Why I Disliked Bitcoin
Post by: Uang_kartal on July 30, 2022, 10:36:44 PM
it's not too late bro, if the outline is that you invest in other instruments such as forex. also not wrong because there are also payments and withdrawals with complete currency. You focus on what you believe in, that's good.
quite a journey to get to know bitcoin yes,with a few years.
I think you are already solid in using almost the totality of bitcoin. You are right that bitcoin is an interesting currency, with its function of receiving and sending, it can also change the value in it. I think you already know the risks of crypto money including bitcoin. keep going, so am i


Title: Re: Why I Disliked Bitcoin
Post by: darkangel11 on July 30, 2022, 10:50:56 PM
I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.
You also forgot to think that fiat currencies especially the US dollar has been used to aid human trafficking, money laundering, terrorism, drug trafficking, corruption etc for decades and decades but nobody bats an eye. If you want proof, it's staring at you. All you have to do is make use of your search engine. Bitcoin has been victimized because Governments are afraid they will lose grip from people.

It's amazing that people criticize bitcoin for being used for criminal activity, when it's been proven many times that those transactions are maybe 1% of total transactions. Everything is and will be used for illegal stuff. Phones are, computers are, the Internet is, fiat money is... People are doing illegal deals on facebook and twitter and I don't see anybody shutting them down. Using bitcoin is really bad for illegal stuff because it leaves a permanent trace. Altcoins like Monero are doing a much better job hiding your footprints.


Title: Re: Why I Disliked Bitcoin
Post by: tomos81 on July 30, 2022, 11:07:00 PM
yes it should Most of the people who used Bitcoin were rich were people That's why now its magnitude has spread all over the world on a huge scale which is now everyone using fiat. However, Bitcoin is playing a role as the most popular coin in the world of crypto-currencies. But Bitcoin is at the top of the discussion in the crypto currency world


Title: Re: Why I Disliked Bitcoin
Post by: Oceat on July 30, 2022, 11:22:32 PM
I think it's just the same as the physical money we are using and it's not the fault of the money though it's just that bad people are using it and it has nothing to do whether we should use money or Bitcoin. But anyway, you did your part to research what is Bitcoin and it's important because of the misleading information spreading everywhere that we thought at first was the real one but the more you deep dive into the topic the more you will realize that there's a bit of misinformation to almost everything you knew.


Title: Re: Why I Disliked Bitcoin
Post by: usekevin on July 30, 2022, 11:23:53 PM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!

Bitcoin had both advantages and disadvantage as compared to other cryptocurrency.The first and foremost advantage is it can be traded,investment,the mode of payment for the work or task.The disadvantage is like of using in illegal activities,but it doesn’t had any use on this.Because everything used for money laundering the dollars,Euro and now bitcoin.So it will not be the valid point.


Title: Re: Why I Disliked Bitcoin
Post by: Hamphser on July 30, 2022, 11:41:03 PM
Better late than never!

A lot of people are still pushing the "bad guys use bitcoin hurr durr" narrative not even taking into account that literally any tool out there can be used for both good and bad; and even forgetting that the very currency they're using everyday is being used for malicious purposes as well.
Not surprising and to those people who do easily get fooled with these kind of claims or negative insights and words from other no coiner people then for sure they would really be ending up on hating bitcoin.

Talking about increasing money laundering and other criminal acts is something a usual alibi for them to throw into bitcoin and telling that it isnt really that good to deal off with.

For those who disliked then let them be because main supporters does really see the relevance of its existence not only talking about money making opportunity but also
into its actual utility which is really something that some people do prefer and we do indeed hate full centralization.


Title: Re: Why I Disliked Bitcoin
Post by: bestcoins1 on July 31, 2022, 01:04:42 AM
it's not too late bro, if the outline is that you invest in other instruments such as forex. also not wrong because there are also payments and withdrawals with complete currency. You focus on what you believe in, that's good.
quite a journey to get to know bitcoin yes,with a few years.
I think you are already solid in using almost the totality of bitcoin. You are right that bitcoin is an interesting currency, with its function of receiving and sending, it can also change the value in it. I think you already know the risks of crypto money including bitcoin. keep going, so am i
When someone is familiar with Bitcoin and its risks thoroughly, then he will also know some altcoins indirectly because crypto currency competition is always visible in the market even though focusing on Bitcoin is the main thing that must be applied by him. Because once a person has started investing in Bitcoin and is making a profit, he will also look at other coins to invest in when the opportunity allows.


Title: Re: Why I Disliked Bitcoin
Post by: killerfrost on July 31, 2022, 01:22:02 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!
The contradiction from within makes you miss that opportunity. Many others always feel more profitable and safe to buy it. And you are afraid to buy it. Past mistakes are a lesson for us to try harder by correcting not to look at someone's problems and think they are ours too. The reality of BTC today is always full of both positive and negative issues, but over a long period of time I've seen many people complaining about it, or maybe they just gave up until it surged so they couldn't keep up.


Title: Re: Why I Disliked Bitcoin
Post by: Zlantann on July 31, 2022, 02:35:20 AM
My own story was that I disliked Bitcoin because I perceived it like other shitcoins. This is because these shitcoins flooded the crypto space of my country at that time.People introduced me to different shitcoin investment but they turned out to be either a scam or ponzi scheme. Due to these experiences I was discouraged do deal with any digital currency. But when I began to read and gather information about Bitcoin I understood why others are called alternate coins. Since then I have been a disciple and a die hard advocate of Bitcoin.


Title: Re: Why I Disliked Bitcoin
Post by: Smack That Ace on July 31, 2022, 03:28:59 AM
~

And another bad thing is with Forex, you can over leverage that will cause liquidation of your capital.
As long as he feels knowledgeable enough and capable enough to make a profit from forex trading then he can do it. Not everyone wants to hold bitcoin while they can make more money from trading. Besides investing in cryptocurrencies, I am also trading forex, although I am more focused on cryptocurrencies. This is a way of diversifying my portfolio, you can invest anywhere as long as you know what you are doing with it.


Title: Re: Why I Disliked Bitcoin
Post by: Gyfts on July 31, 2022, 03:36:41 AM
Stories like yours are pretty common IMO. Disinformation campaign and high regulations create the perception that Bitcoin is tainted or damaged materials, with some nefarious notion attached to its usage. I'm glad you were wise and saw past the propaganda, many aren't.

trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

And in fact, money laundering and terrorism are some of the most common excuses the government gives when outright banning or regulating Bitcoin. They pick these excuses meticulously. The average citizen doesn't understand complex issues surrounding financial fraud or national security, so the government likes to give a palatable excuse that people can get behind.

Of course, Bitcoin has little to do with money laundering or terrorism. Throw around those buzzwords though, and somehow people rally behind the cause no matter what it is.

"Ban bitcoin, it'll stop the terrorists!" Leaves me pondering.


Title: Re: Why I Disliked Bitcoin
Post by: pooya87 on July 31, 2022, 03:40:43 AM
The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.
95% of my only transactions are now crypto-based.
We have a expression that says "you came out of the (small) hole just to fall down into the well".
I just hope that when you use the term "crypto" you mean bitcoin and not altcoins because many of the altcoins are doing exactly what you feared bitcoin was doing. For example there are tokens that are created only to launder money and nothing else, there are altcoins that are created only to scam people and other projects that are made to fund an illegal activity such as terrorism.

You see there is a difference between a tool with a clear purpose like fiat and bitcoin that is also being used for a lot of legitimate things and only a small number of illegal activities and another tool that is created ONLY for illegal activities.


Title: Re: Why I Disliked Bitcoin
Post by: Biscutard on July 31, 2022, 04:06:55 AM
The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.
95% of my only transactions are now crypto-based.
We have a expression that says "you came out of the (small) hole just to fall down into the well".
I just hope that when you use the term "crypto" you mean bitcoin and not altcoins because many of the altcoins are doing exactly what you feared bitcoin was doing. For example there are tokens that are created only to launder money and nothing else, there are altcoins that are created only to scam people and other projects that are made to fund an illegal activity such as terrorism.

You see there is a difference between a tool with a clear purpose like fiat and bitcoin that is also being used for a lot of legitimate things and only a small number of illegal activities and another tool that is created ONLY for illegal activities.


I couldn’t agree more, there’s always a dark side of every story that’s why bitcoin can’t be accepted totally by the government because of its capacity to create something. But as we can see our world is slowly accepting the gradual change of crypto world because of its convenience and rate of profit. But we can’t totally deny that it can also lead to great disappointment and falldown to a person. Many lives were devastated by these common projects and scam scheme. We should use this tool to have a capability to adopt of what’s new.


Title: Re: Why I Disliked Bitcoin
Post by: _BlackStar on July 31, 2022, 09:47:29 AM
Quick tip for the people who think they're "late": While of course you won't be making the same multipliers as someone who got in at as early as 2013, just a quick reminder that most people still actually think that bitcoin is a scam or a ponzi scheme.
True, but I'd rather ignore their arguments about bitcoin [negative thinking] and let them figure out the facts themselves sooner or later. There's no need to argue with such people because I don't think we can add more positive things to their knowledge of bitcoin but in the end bitcoin has proven that it's not a ponzi scheme or some kind of scam.

Ponzi schemes and fraudulent attempts are attempts by scammers to make a profit. They make bitcoin a attractor of people because bitcoin is a valuable asset, the scheme can also happen to fiat or other currencies but it would be wrong if they said bitcoin is a scam or a ponzi scheme. Misconceptions and hatred of bitcoin are two different things, so it might be good to ignore one of them.


Title: Re: Why I Disliked Bitcoin
Post by: mindrust on July 31, 2022, 09:53:58 AM
You don’t even have to invest in bitcoin or trade it to benefit from it. You can just collect payments and convert them to your local currency or buy whatever you want with them. Many freelancers and business owners do that.

All you need is a working bitcoin wallet. You can do this with your phone or computer.

If you want to invest that’s fine but you shouldn’t forget that it is a very volatile asset. Sometimes it backfires especially if you are going to need that money soon.


Title: Re: Why I Disliked Bitcoin
Post by: Jawhead999 on July 31, 2022, 09:58:21 AM
-snip-.
We have a expression that says "you came out of the (small) hole just to fall down into the well".
I just hope that when you use the term "crypto" you mean bitcoin and not altcoins because many of the altcoins are doing exactly what you feared bitcoin was doing. For example there are tokens that are created only to launder money and nothing else, there are altcoins that are created only to scam people and other projects that are made to fund an illegal activity such as terrorism.

You see there is a difference between a tool with a clear purpose like fiat and bitcoin that is also being used for a lot of legitimate things and only a small number of illegal activities and another tool that is created ONLY for illegal activities.
I couldn’t agree more, there’s always a dark side of every story that’s why bitcoin can’t be accepted totally by the government because of its capacity to create something. But as we can see our world is slowly accepting the gradual change of crypto world because of its convenience and rate of profit. But we can’t totally deny that it can also lead to great disappointment and falldown to a person. Many lives were devastated by these common projects and scam scheme. We should use this tool to have a capability to adopt of what’s new.
You're confusing between Bitcoin and Shitcoin, don't mix it.

Those fraud and scam are commonly can be found on shitcoin, while Bitcoin isn't a fraud or scam project, it's just used by a criminal, similar like how fiat money used by criminal to laundering money.

Don't blame Bitcoin if someone become poor after invest all of his money on Bitcoin because the first rule before investing is know the risk and how you manage it if your investment doesn't like your expectation.


Title: Re: Why I Disliked Bitcoin
Post by: Alisha-k on July 31, 2022, 10:40:08 AM
Bitcoin thought me to always do enough research about new innovations other than sit back and criticise.  I used to be a big critics of bitcoin after falling for several Ponzi schemes which made me saw everything digital as Ponzi not until i was opportune i was introduced to the forum and along the line introduced to the forum which prompted me to have a look at the white paper that way i saw a technology that represents not just a p2p cash system but also a store of value and medium to been my own bank


Title: Re: Why Bitcoin Dislikes You
Post by: nullius on July 31, 2022, 11:40:04 AM
Why I Disliked Bitcoin
I've known Bitcoin since 2012 [...] Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because [...stupid nonsense about how Bitcoin is oh so evil...]
What will be running in your mind if Bitcoin reaches $1000 again
However, in events that more backlashes and higher inflation negatively affect the crypto some more and finds itself at about $1000. What would be your reaction? Will you turn your back on Bitcoin or has your investment just begun on it?

My, you are suffering for your foolishness. :D



The Four Horsemen Cometh (https://web.archive.org/web/20020727001417/http://www.cypherpunks.to/faq/cyphernomicron/chapter8.html#3)

I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. [...]

[...] I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.

Please be advised that some of us who have technical expertise are working hard to make sure that wrongheaded little twerps like you can’t corrupt Bitcoin.  I am prepared to devote my life to the cause of making Bitcoin absolutely opaque and untraceable—and of keeping Bitcoin permissionless and decentralized.  And there is nothing that you can do to stop me. (https://www.activism.net/cypherpunk/crypto-anarchy.html)

Please be further advised that Bitcoin is not some pump-and-dump “crypto” Ponzi desperate for fools to buy into it.  Bitcoin does not need your money.  You hurt only yourself by your own choice not to buy BTC earlier; now, you are left quite transparently wishing that you could have another chance to buy at $1000 (the price at the start of 2017).

For my part, I would much rather you sell all your BTC right now.  If I could, I would ask the CEO of Bitcoin to ban you.  Of course, Bitcoin is permissionless—that means I can’t stop you from using it, any more than anyone can stop “terrorists” (https://greenwald.substack.com/p/the-new-domestic-war-on-terror-is) or “money launderers” (https://bitcointalk.org/index.php?topic=178336.msg55238853#msg55238853) from using it.

Bitcoin shall not change for you, for your agenda.  Come along for the ride, or get left behind—either way, that’s not my problem.

P.S.,

I believed Bitcoin aids legalities like trafficking, money laundering, terrorism,

At least, that is quotable.


Title: Re: Why I Disliked Bitcoin
Post by: kryptqnick on July 31, 2022, 06:37:30 PM
Op, I don't know where you're from, and if Bitcoin is indeed illegal in your country with a strong punishment from breaking the law (and it being enforced), it makes sense you stayed away. If by illegality you mean what you referred to later (that criminals use Bitcoin), then it's not a good reason to stay away because money can be used for different purposes, and it's unfair to consider it a deal-breaker for Bitcoin but not for any fiat currency. In terms of overall risks, I'd say Forex trading is less safe than just buying and hodling Bitcoin. Still, you shouldn't focus on the past and regret your previous choices: you should just learn lessons from it. I'm happy to hear you're such an active Bitcoin user.


Title: Re: Why I Disliked Bitcoin
Post by: abel1337 on July 31, 2022, 07:18:19 PM
Op, I don't know where you're from, and if Bitcoin is indeed illegal in your country with a strong punishment from breaking the law (and it being enforced), it makes sense you stayed away. If by illegality you mean what you referred to later (that criminals use Bitcoin), then it's not a good reason to stay away because money can be used for different purposes, and it's unfair to consider it a deal-breaker for Bitcoin but not for any fiat currency. In terms of overall risks, I'd say Forex trading is less safe than just buying and hodling Bitcoin. Still, you shouldn't focus on the past and regret your previous choices: you should just learn lessons from it. I'm happy to hear you're such an active Bitcoin user.
I think bitcoin isn't illegal in the country where OP is living. In my understanding, OP is not very supportive on uncertain things such as bitcoin at that time 2012 because it do aid illegal things like money laundering and trafficking. Any currency can be tainted if a criminal put their malice into it, Criminals are just taking advantage of currency such as bitcoin to use into illegal activities. OP choose to be a bitcoin/cryptocurrency user like us despite the missed opportunity back then, This proves that it's never too late to take the path we are all going to.


Title: Re: Why I Disliked Bitcoin
Post by: Issa56 on July 31, 2022, 08:24:55 PM
I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more.

Most people always say bitcoin is used for illegal activities as you just mentioned above, but I can tell you fiat currency is also used for all those illegal activities, before bitcon was created all those illegal activities which you mentioned where done and fiat currency was used then, so I can say fiat currency and bitcoin is been used for illegal activities and not only bitcoin is used for that, we don't have to paint bitcoin red.
Also I think is not to late to invest in bitcoin, the price is down now and I believe it's a nice idea to invest now, you shouldn't miss the next bull run.


Title: Re: Why I Disliked Bitcoin
Post by: FanEagle on July 31, 2022, 09:15:08 PM
There will OF COURSE be people who do not like bitcoin, but that is not a problem because in the end we do not care. First of all, there is NO topic in anywhere at bitcointalk that could convince me to stop from buying more bitcoin, why? Because I would never make my investments based on bitcointalk topics at all.

I didn't buy it at first because of here, and I won't sell it because of someone here. What I do is, I check my investments carefully and I decide if they are worth it or not myself. If I see that then I will continue to do it, and if I don't then I will sell it but sure as hell that it won't be because of some topic created by some random person on a forum.


Title: Re: Why Bitcoin Dislikes You
Post by: nullius on July 31, 2022, 10:46:25 PM
OP owes Bitcoin an apology and repentance for his years of wrongful dislike (https://bitcointalk.org/index.php?topic=5408137.msg60660939#msg60660939) for it.

Now, for sanctimoniously bashing Bitcoin and damning it with faint praise as he joins the chase for moons (https://bitcointalk.org/index.php?topic=5408200.msg60664184#msg60664184), OP should get down on his knees perform full πρoσκύνησις to beg Bitcoin’s forgiveness.


Title: Re: Why I Disliked Bitcoin
Post by: wallet4bitcoin on July 31, 2022, 10:51:58 PM
I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more.

I would blame some people's human mind here, not Bitcoin.
You can't say, people won't buy illegal goods with fiat.  Most of the drug addicts, I believe, use the government local currency to buy it. If Bitcoin didn't exist, they still have the opportunity to continue terrorizing. Bitcoin was launched in 2009, and the following antisocial activists were active before 2009.


Title: Re: Why I Disliked Bitcoin
Post by: GeorgeJohn on July 31, 2022, 11:14:04 PM
Many people dislike cryptocurrency  from the onset, because they never knew that cryptocurrency it yield positive in the world, i believe that cryptocurrency during the time bitcoin came out of the world or been newly introduce many countries and people make an emphasis about cryptocurrency. So i believe that made many people to feel inferior and lost hope of investing in cryptocurrency and especially bitcoin.


Title: Re: Why I Disliked Bitcoin
Post by: khaled0111 on July 31, 2022, 11:42:07 PM
Cash is being used by criminals for all kind of illegal activities (drug trafficking, moneu laundering, scams...), is this a reason to stop using it!
Bitcoin, as any other form of money, can be used in legal activities as well as in illegal activities. It's up to you how to use it.
You new about bitcoin when its price was less than ten bucks! It's true that you did miss a lot of opportunities and you could've made a fortune if you've invested a small amount of money in it. But you should not feel bad. Bitcoin is still in its early phases and it's not too late to invest in it and make some nice profit.


Title: Re: Why I Disliked Bitcoin
Post by: bitzizzix on August 01, 2022, 01:28:11 AM
The only thing I hate about bitcoin is not investing in it 10 years ago.
if i wonder how my life is now?
and most people don't understand it, besides maybe btcoin has a bad reputation for being illegal and misunderstanding and positioning makes it look bad and in fact, most of the great technologies come with a double edged sword, internet is a great example to change our world but some are used by criminals as well as hackers.
brands will realize and understand once they get involved that bitcoin works and is very useful for its users and not as bad as they know it is.


Title: Re: Why I Disliked Bitcoin
Post by: LogitechMouse on August 01, 2022, 02:57:15 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.
It isn't only you but for sure, there are many people worldwide who knew Bitcoin right from the day it was created back in 2008 but they didn't tried to touch it at that time. They felt that it was a nonsense creation, that it will not succeed. They let the negativity feed their minds and now, most of them are feeling regret and disappointment because they didn't try to invest and support Bitcoin.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.
You thought about all of that but you forgot that even fiat currency has been used in all of that crimes for a very long time already? You really are naive like you said :D.
Anyway, it's a good thing that you are supporting and using Bitcoin now. Better late than never like they are saying so.. just continue to use it and hold some for the future.


Title: Re: Why I Disliked Bitcoin
Post by: Mpamaegbu on August 02, 2022, 10:05:06 AM
You had a misconception about Bitcoin which has been cleared now. It was an error of perception and you aren't the only one who had it (there are countless numbers who still have it till date). Another thing you should know is that there's nothing which has been created or made for positive use that doesn't have a wrong use of it. Evil is upon the face of the earth. There are people who just roam this earth looking for what to pervert. Come to think of it, aren't there negative uses of fiat? I'm sure even during the stone age era there were also perverted use of monetary instruments. It must've been the same for cowries too. As holy as the Bible is, we still have scammers who use it to deceive others even on the pulpit and other places.


Title: Re: Why I Disliked Bitcoin
Post by: Oneandpure on August 02, 2022, 03:36:54 PM
More and more people nowadays hate or disliked bitcoin especially in my own country. The thing is, they believe in a wrong way regarding bitcoin, they found it easy to earn bitcoin which is not, that's why many people loses interest right now because of bear run and many scam projects. In my own personal experience I already introduce bitcoin to my friends and family but still it is hard for them to realize that what they are already knew is not true and they are only a victim of hyip programs. You can still buy a thing using bitcoin by converting it to stable coin or fiat.
Still find not only with personal but also many communities still hate with bitcoin, some of them have reason loss much money after investing with bitcoin and bought still on all time high price. Some of them hate bitcoin because worry and afraid with bitcoin make them loss popularity and make their currency as fiat left by many people. I don't think when have some community and personal person hate and dislike with bitcoin will give bad reputation and bitcoin left by many investor, actually nowadays many people and new investor coming every time how they want to know about bitcoin and try effective way for earn much profit.


Title: Re: Why I Disliked Bitcoin
Post by: Kakmakr on August 02, 2022, 03:58:36 PM
Yea, that behavior is more common than most might think, because I have several relatives and friends that still believe that Crypto currencies main purpose is..... criminal activities. We have so much competition out there that are spreading FUD like this, that it is becoming more common for people to think that Crypto are synonymous with crime.  ::)

The counter to reverse these learned thought patterns are proper education and information sharing from reputable people in the Crypto community. Just look what happens when someone like Elon Musk tweet something positive about Crypto currencies.  ;)


Title: Re: Why I Disliked Bitcoin
Post by: CryptoHeadlineNews on August 02, 2022, 08:10:10 PM
The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.
To be frankly speaking that's what happens when you live in an environment of people with half-baked information, because I have got to noticed that people who spread rumors the most are those who had never used an item but heard it from a third-party, which I could make reference to your case whereby you believed Bitcoin aids activities such as trafficking, money laundering, terrorism, activities of drug barons, e.t.c, but thanks you came to the bitcointalk forum where you were able to discover the main truth about Bitcoin and it's ecosystem.


Title: Re: Why I Disliked Bitcoin
Post by: KingsDen on August 02, 2022, 08:16:17 PM
I see that the ready responses that our minds are trying to formulate are an expression of internal failure or laziness in exploring something new, responses such as “this thing is difficult” “it is illegal” “bad people do it” and other vocabulary is the product of internal fear or laziness Or other negative psychological stimuli, but with a little research and courage, we will discover the opposite.

It is good that you have overcome your inner fears. You now need a clear plan, otherwise these fears will turn into greed.

I was very late to the bitcoin World. Though it is better than never. I was late  ot because I wasn't interested in bitcoin,  not because I haven't heard of bitcoin. It was just because of the part of the world I come from. During the time of bitcoin was the height of ponzi scheme. And many people including myself had already been mesmerised by ponzi scheme.
Battling depression and taking risk is something that would not happen simultaneously.
The little Google search I made didn't land me to this forum, rather it took me to hungry scam project developers who used bitcoin as a bait and optimized their ads.

I don't regret actually, I am finally here. Even if I don't get super rich with bitcoin, I know I would be comfortable 


Title: Re: Why I Disliked Bitcoin
Post by: GeorgeJohn on August 02, 2022, 08:21:04 PM
Many people dislike cryptocurrency  from the onset, because they never knew that cryptocurrency it yield positive in the world, i believe that cryptocurrency during the time bitcoin came out of the world or been newly introduce many countries and people make an emphasis about cryptocurrency. So i believe that made many people to feel inferior and lost hope of investing in cryptocurrency and especially bitcoin.

More and more people nowadays hate or disliked bitcoin especially in my own country. The thing is, they believe in a wrong way regarding bitcoin, they found it easy to earn bitcoin which is not, that's why many people loses interest right now because of bear run and many scam projects. In my own personal experience I already introduce bitcoin to my friends and family but still it is hard for them to realize that what they are already knew is not true and they are only a victim of hyip programs. You can still buy a thing using bitcoin by converting it to stable coin or fiat.
From the beginning of cryptocurrency many countries dislike the values of bitcoin and especially government personals and politicians. The sector they comprehend Bitcoin value wrongly is that they feel that with the cryptocurrency massive adoption in the societies it will reduce the function of usage of fiat currency. And secondly bitcoin will cut down the length of exposure of money laundering in the society.this two factors I narrated is the major reason while some countries fails to embrace cryptocurrency abd especially bitcoin vas a legal tender.


Title: Re: Why I Disliked Bitcoin
Post by: Mate2237 on August 02, 2022, 11:21:27 PM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!
Yes most people disliked bitcoin because of the experienced their have faced in life. Probably their been scammed by internet fraudsters by ponzi schemes or others. One thing I came to understand that you cannot like something or somebody when you are far from the thing or the person. when you come closer to the thing or person then you can judge it very well. Distance judgment is always bias. 


Title: Re: Why I Disliked Bitcoin
Post by: AmoreJaz on August 02, 2022, 11:27:42 PM
Yea, that behavior is more common than most might think, because I have several relatives and friends that still believe that Crypto currencies main purpose is..... criminal activities. We have so much competition out there that are spreading FUD like this, that it is becoming more common for people to think that Crypto are synonymous with crime.  ::)

The counter to reverse these learned thought patterns are proper education and information sharing from reputable people in the Crypto community. Just look what happens when someone like Elon Musk tweet something positive about Crypto currencies.  ;)

ignorance sometimes is the root cause of thinking bad towards certain subject. also, media has role in why some people are associating crypto to criminal activities, because media highlighted the role of crypto in money laundering and other illegal activities. just watch the movies tackling bitcoin at some point, usually, it is used in money laundering activities. so people have such notion that it is more on negative light. they forgot to educate people about the true nature of crypto or bitcoin. education is the key to remove this negative notion. however, only few people will go to the extent of reading materials pertaining to the bitcoin itself and its developments.


Title: Re: Why I Disliked Bitcoin
Post by: carlfebz2 on August 02, 2022, 11:38:35 PM
Yea, that behavior is more common than most might think, because I have several relatives and friends that still believe that Crypto currencies main purpose is..... criminal activities. We have so much competition out there that are spreading FUD like this, that it is becoming more common for people to think that Crypto are synonymous with crime.  ::)

The counter to reverse these learned thought patterns are proper education and information sharing from reputable people in the Crypto community. Just look what happens when someone like Elon Musk tweet something positive about Crypto currencies.  ;)

ignorance sometimes is the root cause of thinking bad towards certain subject. also, media has role in why some people are associating crypto to criminal activities, because media highlighted the role of crypto in money laundering and other illegal activities. just watch the movies tackling bitcoin at some point, usually, it is used in money laundering activities. so people have such notion that it is more on negative light. they forgot to educate people about the true nature of crypto or bitcoin. education is the key to remove this negative notion. however, only few people will go to the extent of reading materials pertaining to the bitcoin itself and its developments.
Before whining yourself into the public and telling off bad things against on something which is mainly supported by the community then you should make some research first and try to look back on whats the real

thing or deal because not all the times that every information you do see around specially on this online world would be real thats why you should make research before you do act.

If you dont like Bitcoin then just simply avoid it but much sure you would really be going back specially on the time you had realized that you are believing the opposite.


Title: Re: Why I Disliked Bitcoin
Post by: blockman on August 02, 2022, 11:43:38 PM
Great, it's still not that late. I've seen stories that they've said they knew bitcoin too early but forgotten it because of what they've felt and thought but without doing any further research. They also have the same regret of not taking the early time and its advantage to buying as many as they can.
But still, they've ended up buying it during these last good runs of bitcoin but still, it's not that late at all. Many also thought of the same thing as you thought and that has stopped them from buying bitcoin.


Title: Re: Why Bitcoin Dislikes You
Post by: nullius on August 03, 2022, 02:32:36 AM
Quote from: Topic title:
Why I Disliked Bitcoin

Because you’re stupid. /thread

Figure 0: Sinners suffer divine wrath (http://bitcult.faith/) in condign punishment for disliking Bitcoin.
My, you are suffering for your foolishness. :D



The Four Horsemen Cometh (https://web.archive.org/web/20020727001417/http://www.cypherpunks.to/faq/cyphernomicron/chapter8.html#3)

[...]


Title: Re: Why Bitcoin Dislikes You
Post by: EarnOnVictor on August 04, 2022, 01:46:29 AM
Quote from: Topic title:
Why I Disliked Bitcoin

Because you’re stupid. /thread

Figure 0: Sinners suffer divine wrath (http://bitcult.faith/) in condign punishment for disliking Bitcoin.
My, you are suffering for your foolishness.
What a display of arrogance! I can see you lack home training because no responsible person will call anyone stupid and foolish unattacked you this spoilt brat. I guess the high merit you have has blinded you to moral standards. Mind you, coming newly to bitcointalk does give you the effrontery to attack me as if one is your slave, you are still in the womb when I started working on forums. I've participated in many and they all hold me in high esteem. Extremists like you should just be kicked out of the forum for morals' sake.


Title: Re: Why Bitcoin Dislikes You
Post by: nullius on August 04, 2022, 02:58:30 AM
With the glorious context restored to the internal quotation:
Quote from: Topic title:
Why I Disliked Bitcoin

Because you’re stupid. /thread

Figure 0: Sinners suffer divine wrath (http://bitcult.faith/) in condign punishment for disliking Bitcoin.
My, you are suffering for your foolishness. :D



The Four Horsemen Cometh (https://web.archive.org/web/20020727001417/http://www.cypherpunks.to/faq/cyphernomicron/chapter8.html#3)

[...]
What a display of arrogance! I can see you lack home training because no responsible person will call anyone stupid and foolish unattacked you this spoilt brat. I guess the high merit you have

Alert:  Newbie obsessed with ranking up.  Paid signature campaigns, watch out!

has blinded you to moral standards. Mind you, coming newly to bitcointalk does give you the effrontery to attack me as if one is your slave, you are still in the womb when I started working on forums.

My age is none of your business (https://bitcointalk.org/index.php?topic=5284102.0); but your proposition seems unlikely temporally impossible.  I learned crypto from PGP, AC2, and Cypherpunks (https://www.coindesk.com/markets/2016/04/09/bitcoin-and-the-rise-of-the-cypherpunks/)—viz., within the decade when the Web was created.  You are just a n00b reaching for canned insults.  Do you even have a PGP key?

I've participated in many and they all hold me in high esteem.

You can allege whatever you want.  Here, you are just a shitcoiner (https://bitcointalk.org/index.php?topic=5408067.msg60678029#msg60678029) who spent years “disliking” Bitcoin for the exact reason why it exists:  It is permissionless.

Greed eventually got the better of you, and some patent jealously of all the people who bought BTC at orders of magnitude lower prices; thus, you now strut as if you are some kind of an expert.  Someone needs to pop the bubble of your empty conceits.

(Next step:  Correcting, or at least ridiculing your habitual failures of grammar and diction.  Wherefore is there such a nexus between shitcoinery and illiteracy?)

Extremists like you should just be kicked out of the forum for morals' sake.

Go ahead and petition the CEO of Bitcoin (https://bitcointalk.org/index.php?board=24.0) to ban me. ::)


Title: Re: Why I Disliked Bitcoin
Post by: Jatiluhung on August 04, 2022, 03:23:09 AM
most of the anti bitcoins are those whose brains have been washed with fud news that only preach bad things associated with bitcoin. such as money laundering etc. whereas money laundering has occurred even before the birth of bitcoin. and now the spreaders seem to allege that because of bitcoin money laundering is happening a lot. and much more bad news that is over-attributed. thus making people afraid to go in and invest in bitcoin. even though if you look at the good things and the good impacts that have been born since the presence of bitcoin, there are far more positive and useful things than since the existence of bitcoin. but fud's news kept it hidden from the public. by hoarding good news with bad news.

I think you are not late. because the price of bitcoin is now in a downward trend. and it can make us less worried when we are going to invest money at the current price. by using DCA.


Title: Re: Why I Disliked Bitcoin
Post by: lizarder on August 04, 2022, 03:58:04 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!
People's greed cannot cause an impulse to manipulate, bitcoin becomes a tool for them to get an advantage, in ways that are inappropriate and according to them it is worth doing, but when people can do something wisely, then the use of crypto can be done in accordance with the following ways: the right way.

Not everyone uses it in the wrong way, so it's unethical when we compare everything the same


Title: Re: Why I Disliked Bitcoin
Post by: rodskee on August 04, 2022, 04:22:40 AM
I have this kind of thoughts too when I was a newbie here but that doesn't discouraged me to explore more about Bitcoin specifically Blockchain because this is th technology that makes Bitcoin unique. It's not too late to start accepting Bitcoin because it’s just in the initial stage which many ups and down. More important is you realized its worth and its better than ignoring it completely for the rest of your life.
Most of us have the same experiences ,  but what is important thing to us? is that we learn sooner than what those other did like OP.
there are something we learn from this as we mostly checking the market and the experience we have to not falling to the same mistakes again.
I bought small amount of bitcoin back in the years , and all the profit I earn from my altcoin trading are going to my bitcoin holding , also some of my gambling winning stays in my bitcoin holding.


Title: Re: Why I Disliked Bitcoin
Post by: worle1bm on August 04, 2022, 04:46:36 AM
Not everyone uses it in the wrong way, so it's unethical when we compare everything the same
It depends on how we use something whether for ethical purpose or doing some illicit activities with it and people directly links bitcoin usage with illegal works as fiat is pure in these matters and nothing bad trade can happen with it but didn't know it's more easy to trace bitcoin transactions rather then fiat P2P one's as you can't tell which serial numbers notes are being used but still the negativity about btc is high.Until people understand it they will hesitate to use it but it's more safe.


Title: Re: Why I Disliked Bitcoin
Post by: Devifajarina on August 04, 2022, 04:57:24 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!
The times are increasingly making us have to be able to adapt to existing developments, one of which concerns the investment model in cryptocurrencies, although there are still many people who use this space to cheat and commit crimes that are inappropriate and worth doing here.

But even so, we cannot admit in its entirety, that all the crimes you mention have ties to the crypto space, wise treatment is very dependent on the attitude and responsibility of each person, this involves each individual in addressing the problem


Title: Re: Why I Disliked Bitcoin
Post by: adzino on August 04, 2022, 05:30:36 AM
-snip-

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.
-snip-
You do know that fiat currency "aids" those criminal activities even more than bitcoin does. Why do you still use your fiat currency? Even stocks, real estates and metals are used to launder money, but I bet you would still invest in those if you have opportunities. Not every system is perfect and there will always be criminals that abuses the system for their advantage. That doesn't mean you would stop using it.


Title: Re: Why I Disliked Bitcoin
Post by: wiss19 on August 05, 2022, 03:03:52 PM
You dislike bitcoin before but not now because you know the real truth already so you better clear out your title as it's kinda bit misleading. You can send the wrong signal to others who don't like to read what is posted on the front page. Anyway, you didn't totally dislike bitcoin in the first place because you said that you are still using it for payment purposes and not as an investment asset and also on your story, you are telling that you have regrets. Well, don't despair a lot because you aren't alone.

I too knew bitcoin earlier than the date that I started, that is because I have lots of doubts. I think this coin was a hoax. After all we are still thankful that we trust our gut and we are here while there are still people that aren't involved here.


Title: Re: Why I Disliked Bitcoin
Post by: Rigon on August 05, 2022, 04:52:28 PM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!
You have been involved with Bitcoin for a long time but the biggest mistake you have made in life is not looking at it since you got involved with Bitcoin.But now you invest 95 percent in cryptocurrencies, but if you had done this investment earlier, you would be in a much better position today.But I think this is one of the biggest mistakes of your life.Bitcoin investments and users are increasing day by day. The popularity of Bitcoin in the future will be in such a position that people will always take advantage of Bitcoin.


Title: Re: Why I Disliked Bitcoin
Post by: virasisog on August 05, 2022, 04:59:00 PM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!
You have been involved with Bitcoin for a long time but the biggest mistake you have made in life is not looking at it since you got involved with Bitcoin.But now you invest 95 percent in cryptocurrencies, but if you had done this investment earlier, you would be in a much better position today.But I think this is one of the biggest mistakes of your life.Bitcoin investments and users are increasing day by day. The popularity of Bitcoin in the future will be in such a position that people will always take advantage of Bitcoin.

We've all came to this kind of phase where we doubted Bitcoin especially those who have known it for a long time without seeing the ATH. Some even thought of it as a scam because of its volatility. There were chances that we have missed because of that fear. However, it's still a good thing that we've learned from our past mistakes and took them as a lesson. It's still isn't late for us to accumulate and trust Bitcoin when it comes to investment.


Title: Re: Why I Disliked Bitcoin
Post by: Wiwo on August 05, 2022, 08:42:57 PM
I can only imagine what you may have missed all this while you would have been among the first set of those who bought Bitcoin at a massively low price because at far back as 2012 the price of Bitcoin is way low that it make it possible for the early adopters to accumulate a lot of Bitcoin for a relatively low price.


Title: Re: Why I Disliked Bitcoin
Post by: Fivestar4everMVP on August 05, 2022, 09:04:56 PM
Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more.
One of the ways you would have avoided this ignorance is by thinking same way about fiat, before the emergence of Bitcoin, all the crimes you mentioned above have been around, and still striving, and assuming there was no bitcoin, there will still be trafficking, money laundering, terrorism, drug trafficking and so on, the perpetrators of this evil acts will still a way to fund their evil activities, this is to tell you that bitcoin is not the reason why this crimes exist, they existed in a fiat system, I wonder why most people fall into this deception of bitcoin being a means through which crimes are being funded.


Title: Re: Why I Disliked Bitcoin
Post by: yhiaali3 on August 06, 2022, 04:12:37 AM
I also got to know Bitcoin early but I didn't give it enough attention because I never expected it to rise to this level, Bitcoin was at first (for the way I thought at the time) just a new currency and a way to earn some dollars that would quickly end, but soon I started discovering the great features And the bright future that Bitcoin has. I regretted a lot because I didn't understand it from the start.


Title: Re: Why I Disliked Bitcoin
Post by: gunhell16 on August 06, 2022, 06:58:23 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!

Do you mean since 2012 you haven't even tried to buy bitcoin even with the small amount of capital you have? And did you pay more attention to Forex trading during those times? It's like you wasted 9 years of opportunity that I hope somehow you could have collected a large amount of money for your savings. But even so, it's not too late because if you are one of those who believe that bitcoin will be 100k$ each or more in the future, you still have a great chance to succeed in the crypto space.

Maybe when you decided to save Bitcoin or cryptocurrency you probably said to yourself that you will regret why you didn't even think of investing in bitcoin huh?


Title: Re: Why I Disliked Bitcoin
Post by: Nrcewker on August 06, 2022, 07:35:07 AM
Every coin has two faces. Now it depends upon us which side to follow or use. Bitcoins also have similar features , it has both advantages and disadvantages.
Nevertheless, pleased to hear that you are now using Bitcoins in your 95% work.
Bitcoins will again rise, so if we stop continuing the support for Bitcoins, then we will really big a miss opportunity like the OP did in the 2019 phase.
Let’s hope for the best and one day I will also buy Tesla with Bitcoins.


Title: Re: Why I Disliked Bitcoin
Post by: Senialayl on August 06, 2022, 08:06:17 AM
I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Is this Bitcoin that is being used for crimes? No, every territory has their own laws to cater the menace of the above mentioned crimes in their own jurisdiction but the main concerns about Bitcoin to restrict its involvement in these crimes may be worked separately by the cyber crimes agencies. As we know that despite being using the digital assets, required cash is transferred to our accounts in FIAT that's why person who is buying the crypto in Fiat must be aware of these rules. 


Title: Re: Why I Disliked Bitcoin
Post by: Bitstar_coin on August 06, 2022, 04:47:25 PM
And am still not sure why you will give the title "why I dislike bitcoin" when it should have been something like "my realization of the importance of btc" or something similar because in this case you clearly came to realize that all your perception towards btc was wrong, you view btc from a different perspective which does not do justice to this great tech.
You are not the first to have this wrong perception about btc and then later realize your mistake and embrace it with the right perception. And can you imagine what you would have achieved knowing btc since 2012 and perhaps give it the benefit of the doubt? You really have lost a big opportunity i must say.


Title: Re: Why I Disliked Bitcoin
Post by: Davidvictorson on August 06, 2022, 05:37:56 PM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

At first, people would demonize what they do not understand. I have heard so many people call bitcoin a scam. Or some were afraid to invest and invested too little only to find out later of it's potential.There are still bad actors who use perpetrate crimes using bitcoin and other cryptocurrencies. However it doesn't mean that it hasn't been used to further some good causes all over the world. It's good that you have a clearer and better understanding of what bitcoin truly is now.


Title: Re: Why I Disliked Bitcoin
Post by: lizarder on August 07, 2022, 08:03:25 AM
Not everyone uses it in the wrong way, so it's unethical when we compare everything the same
It depends on how we use something whether for ethical purpose or doing some illicit activities with it and people directly links bitcoin usage with illegal works as fiat is pure in these matters and nothing bad trade can happen with it but didn't know it's more easy to trace bitcoin transactions rather then fiat P2P one's as you can't tell which serial numbers notes are being used but still the negativity about btc is high.Until people understand it they will hesitate to use it but it's more safe.
As I said earlier, the utilization is quite dependent on where we place it, it does not mean having a similar level of doing something, let alone comparing all behaviors to one goal, where we put the blame on a common line.
The use of pure Bitcoin or Fiat is not involved in certain cases, where the fraud is only a small part of what people do irresponsibly, that's the reason and the reason I don't involve all of this in the same way.


Title: Re: Why I Disliked Bitcoin
Post by: mumang siat on August 07, 2022, 08:52:11 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!
Utilization in doing wrong actions is not only in the crypto space, many other places are also used for this, especially regarding bitcoin, where this cryptocurrency is the strongest asset and is quite expensive for now, both bitcoin and fiat currency are also widely used for different purposes. wrong, so it really depends on people, not bitcoin or fiat currency itself.

Therefore, wise use can be made by each individual, without involving these two things in the wrong placement.


Title: Re: Why I Disliked Bitcoin
Post by: Solosanz on August 07, 2022, 10:56:01 AM
Why some people dislike Bitcoin it is because of the price not being constantly, and secondly bitcoin falling make some people to dislike Bitcoin because of how the price is moving. And some people dislike bitcoin they have being scammed and defraud with bitcoin. Some one will dislike Bitcoin because it's feelings
It doesn't make sense to dislike Bitcoin because of volatility, what about stock and gold then? If they're never invest their money, then why they're not dislike fiat because of inflation?
Bitcoin could failing, the same happen like other asset including crude oil which the price can reach negative.
They're getting scammed because of scam site, not Bitcoin, Bitcoin is just a currency and have a value.


Title: Re: Why I Disliked Bitcoin
Post by: Biscutard on August 07, 2022, 11:33:36 AM
Why some people dislike Bitcoin it is because of the price not being constantly, and secondly bitcoin falling make some people to dislike Bitcoin because of how the price is moving. And some people dislike bitcoin they have being scammed and defraud with bitcoin. Some one will dislike Bitcoin because it's feelings
It doesn't make sense to dislike Bitcoin because of volatility, what about stock and gold then? If they're never invest their money, then why they're not dislike fiat because of inflation?
Bitcoin could failing, the same happen like other asset including crude oil which the price can reach negative.
They're getting scammed because of scam site, not Bitcoin, Bitcoin is just a currency and have a value.

Indeed, invest what you can afford to lose. For you to have a peaceful mind you must not risk any of your stuff that is a big deal to you. Because time to time Bitcoin will be a benefit to us if we will be patient and not to think negatively for a temporary loss.


Title: Re: Why I Disliked Bitcoin
Post by: JayTrain on August 07, 2022, 12:19:33 PM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!

of course, bitcoin is anonymous in its structure, and this is used by attackers in various fields, but he is not to blame for this, the technology itself is also.If you look at it this way, then fiat money is also not ideal, and if you choose between fiat and bitcoin, then I would choose bitcoin, because if you don't do anything wrong with it, then it is a very convenient technology.X


Title: Re: Why I Disliked Bitcoin
Post by: bestcoins1 on August 07, 2022, 01:34:14 PM
Utilization in doing wrong actions is not only in the crypto space, many other places are also used for this, especially regarding bitcoin, where this cryptocurrency is the strongest asset and is quite expensive for now, both bitcoin and fiat currency are also widely used for different purposes. wrong, so it really depends on people, not bitcoin or fiat currency itself.

Therefore, wise use can be made by each individual, without involving these two things in the wrong placement.
Actually it is also almost the same as fiat money which can be used in the wrong place by any individual who has intentions in the wrong direction. So clearly the problem is not with objects like Bitcoin, but with the users themselves in which direction Bitcoin is taking. Especially now that Bitcoin can be used for a number of other things as described on Coinworks.com (https://koinworks.com/blog/apa-itu-bitcoin/#:~:text=Alhasil%2C%20bitcoin%20bisa%20digunakan%20dalam,yang%20menjadi%20kaya%20raya%20karenanya.). Apart from investing, trading, and also saving for the future.


Title: Re: Why I Disliked Bitcoin
Post by: taufik123 on August 07, 2022, 02:08:47 PM
of course, bitcoin is anonymous in its structure, and this is used by attackers in various fields, but he is not to blame for this, the technology itself is also.If you look at it this way, then fiat money is also not ideal, and if you choose between fiat and bitcoin, then I would choose bitcoin, because if you don't do anything wrong with it, then it is a very convenient technology.X
Op may only see from the negative side of using bitcoin, without seeing what are the positive impacts that bitcoin gives. All crime originates from criminals, Bitcoin is only an intermediary or only as a tool used for crime. Technology is growing rapidly and the kajatan method is also developing with the same technology.

Bitcoin is indeed not to blame in any case. Bitcoin is also decentralized or not regulated by anyone, so there is no way to fully manipulate anything in bitcoin.
It's a shame that the OP knows bitcoin since 2012, and that year I didn't know anything.

If the OP liked bitcoin from the start, I think the OP would be an early bitcoin user with thousands of bitcoins by now. But in reality the OP doesn't like bitcoin and thinks bitcoin is a tool that is always used for crime.


Title: Re: Why I Disliked Bitcoin
Post by: tjtonmoy on August 07, 2022, 03:03:10 PM
Mine started from the Game called "Blue whale". There was so much talk about the term of dark web. Since childhood, I was curious minded. So I look up what this was and how it's done. I can't quite recall the year or date, but back then BTC was at around $4000.
That was the first time I hear about crypto.
Then in the year 2020 I first had my crypto in my wallet for doing some work in some app. That's how my journey with btc began.


Title: Re: Why I Disliked Bitcoin
Post by: ingiltere on August 07, 2022, 03:41:03 PM
I've seen many people with similar stories. There are a lot of people who regret not getting it even though they met Bitcoin early and hate Bitcoin just because of it. One can think this way with the sadness of missing a great opportunity. Wrong decisions can be made due to misdirections and incomplete information.
If I hadn't come across this forum early on, I would've had similar thoughts. In fact, even though I was here, sometimes I was very angry with myself because of the sadness of missing most opportunities. But after all, there is a phase of acceptance, and when you get past it, you relax. Then you can like Bitcoin and make it a part of your life. Whether as a means of payment or investment instrument.


Title: Re: Why I Disliked Bitcoin
Post by: uneng on August 07, 2022, 04:25:02 PM
I've seen many people with similar stories. There are a lot of people who regret not getting it even though they met Bitcoin early and hate Bitcoin just because of it. One can think this way with the sadness of missing a great opportunity. Wrong decisions can be made due to misdirections and incomplete information.
If I hadn't come across this forum early on, I would've had similar thoughts. In fact, even though I was here, sometimes I was very angry with myself because of the sadness of missing most opportunities. But after all, there is a phase of acceptance, and when you get past it, you relax. Then you can like Bitcoin and make it a part of your life. Whether as a means of payment or investment instrument.
Unfortunatelly many other investors have lost golden opportunities as well because they had the same impression OP described regards bitcoin back then.

People spreading negativity about bitcoin are just doing their misinformation work, as they profit from the consolidated traditional fiat system and don't want any other disponible financial alternative to weak this system. So I can understand why they act like this, but I can't understand why people enslaved by fiat system adopt the same narrative going against bitcoin since they are the main prejudiced ones after all.


Title: Re: Why I Disliked Bitcoin
Post by: Doan9269 on August 07, 2022, 04:41:21 PM
because I was careful to deal with something that might aid illegality.

you'd better erase this your wrong mentality, here you said you're dealing with bitcoin and not altcoins and moreover its not an illegal act to engage the use of bitcoin even though the governments may not support it while some uses other cryptos for the said illegality, also i want to believe no one has taught you of any illegal means to acquire bitcoin Excel if you're with the wrong people or personally decided to.

 I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

you can still make hay while the sun shines, it is never too late investment, especially now at the dip.


Title: Re: Why I Disliked Bitcoin
Post by: Victorik on August 07, 2022, 06:50:47 PM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!

Yea..I totally agree with you. Instead of completely rejecting a new concept, one should rather have an open mind towards it, you never can tell, you might miss out of a golden opportunity.

I share a similar experience with yours, I didn't want to have anything to do with BTC for a while due to my previous experience with Ponzi schemes. I did lost a lot of money to Ponzi, and I thought BTC was one of those schemes too, not until I started to listen to advice from a friend. That's when I finally accepted it


Title: Re: Why I Disliked Bitcoin
Post by: Detritus on August 07, 2022, 10:43:18 PM
Is never too late to invest in cryptocurrency, Bitcoin still have a lot of Hight to atain. Even if am not buying Bitcoin for my self/use, but at least if am able to aqire 4 Bitcoin and will them each to the Four children I dream of having, that will really be a good accomplishment for me and they will be happy if during their own youthful age Bitcoin could be at least $300,000k.
Am yet 25+ in age, even if I buy Bitcoin now and give it 5 years, I know the price is going to gain a new all-time high before then, I can't speculate thou.


Title: Re: Why I Disliked Bitcoin
Post by: TelolettOm on August 07, 2022, 11:22:01 PM
Being alert to something new or known is fine. As long as we want to try to investigate further and study it so that we know from two sides (positive and negative). So we will be more stable when we will continue or not.
When I first learned about Bitcoin, I also didn't immediately believe it and follow it, especially the negative news about Bitcoin that made us feel scared. And I'm sure a lot of people feel that way too, afraid or disliking Bitcoin at first because of the overwhelmingly negative news about Bitcoin of all kinds.
Most people who disliked Bitcoin and turned to like and love Bitcoin are those who are more open mined, to see, check, crosscheck, and also learn deeper about Bitcoin. On the other hand, people who still dislike are because they always think negatively of Bitcoin side.


Title: Re: Why I Disliked Bitcoin
Post by: qwertyup23 on August 07, 2022, 11:49:32 PM
Quote
The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!

Ahh yes, this is how media stigmatized the cryptocurrency that we love due to the recent issues associated with it.

It is no surprise that BTC has been tagged as the way for money launderers to move their money and for people to use it as the main currency under the dark web. But in reality, it could be any currency! Heck, you can even accomplish those illegal stuff with fiat also. I do think media played a significant role of twisting the real image of BTC, disregarding the innovation behind the technology.

Good thing is, more and more people are starting to realize its positive than the negative effects. More countries are starting to adapt it as part of their payment system and as their legal tender.


Title: Re: Why I Disliked Bitcoin
Post by: mumang siat on August 08, 2022, 03:17:45 AM
Utilization in doing wrong actions is not only in the crypto space, many other places are also used for this, especially regarding bitcoin, where this cryptocurrency is the strongest asset and is quite expensive for now, both bitcoin and fiat currency are also widely used for different purposes. wrong, so it really depends on people, not bitcoin or fiat currency itself.

Therefore, wise use can be made by each individual, without involving these two things in the wrong placement.
Actually it is also almost the same as fiat money which can be used in the wrong place by any individual who has intentions in the wrong direction. So clearly the problem is not with objects like Bitcoin, but with the users themselves in which direction Bitcoin is taking. Especially now that Bitcoin can be used for a number of other things as described on Coinworks.com (https://koinworks.com/blog/apa-itu-bitcoin/#:~:text=Alhasil%2C%20bitcoin%20bisa%20digunakan%20dalam,yang%20menjadi%20kaya%20raya%20karenanya.). Apart from investing, trading, and also saving for the future.
Basically the use of bitcoin is almost the same as fiat, the object is only in terms of utilization, as you say now bitcoin can not only be used for trading and investment, but saving is a much wiser use, so if there are some people who use it wrong, can't categorized all the same, because the key is how someone uses it and for what purpose bitcoin or fiat is used


Title: Re: Why I Disliked Bitcoin
Post by: danadc on August 08, 2022, 02:29:35 PM
There are people who do not like bitcoin for many reasons, but it is rare to see them, and I think they are people who lack a lot of knowledge, saying no to bitcoin is saying no to the future, saying no to money and the strangest thing is that people do not see the potential of bitcoin when time passes, the more time passes the bitcoin will reach a higher price value, the last maximum was high, and the most experts say that it can reach 100,000 dollars, how to say no to this?


Title: Re: Why I Disliked Bitcoin
Post by: poldanmig on August 08, 2022, 03:22:27 PM
There are people who do not like bitcoin for many reasons, but it is rare to see them, and I think they are people who lack a lot of knowledge, saying no to bitcoin is saying no to the future, saying no to money and the strangest thing is that people do not see the potential of bitcoin when time passes, the more time passes the bitcoin will reach a higher price value, the last maximum was high, and the most experts say that it can reach 100,000 dollars, how to say no to this?

Apart from a lack of knowledge, some of those who don't like bitcoin are people who don't like progress in the financial or investment system, we can't blame those who don't like bitcoin because maybe they have their own reasons that we don't fully know, but I assume if their lack of knowledge and also conservative is the main reason they don't like bitcoin so far, I know a lot of people who don't like bitcoin around me and I will never force them to like something they really don't like at all.


Title: Re: Why I Disliked Bitcoin
Post by: TribalBob on August 08, 2022, 03:24:44 PM
of some people I have met in the real world, on average they are people who don't like bitcoin because they have lost or lost when investing in bitcoin even though they know they are in the wrong place to start investing, are you like that?
by the way the problem of money laundering crimes, drugs, and what you mentioned already existed before bitcoin was created so there is no reason that bitcoin will act like that as the originator


Title: Re: Why I Disliked Bitcoin
Post by: DeathAngel on August 08, 2022, 04:47:13 PM
You must feel kinda stupid, OP. You really should be incredibly wealthy now it you weren’t so ignorant or risk averse in 2012. I started buying in 2015 because I knew it’d blow up. I don’t think I could live with myself if I stood on the sidelines & did nothing. Hopefully you bought enough in 2019 to have at least some exposure.


Title: Re: Why I Disliked Bitcoin
Post by: EarnOnVictor on August 11, 2022, 02:23:48 PM
I don’t think I could live with myself if I stood on the sidelines & did nothing. Hopefully you bought enough in 2019 to have at least some exposure.
I missed the show totally, not even the 2019 rush hour. I just started investing last year, but carefully. How I wish I have a friend like you that could spice up my thinking then.


Title: Re: Why I Disliked Bitcoin
Post by: Tomohisa on August 11, 2022, 05:01:03 PM
of some people I have met in the real world, on average they are people who don't like bitcoin because they have lost or lost when investing in bitcoin even though they know they are in the wrong place to start investing, are you like that?
by the way the problem of money laundering crimes, drugs, and what you mentioned already existed before bitcoin was created so there is no reason that bitcoin will act like that as the originator
It happened to every form of currency. I don't think it was exclusive to Bitcoin so people distrust Bitcoin for that is unreasonable. I only saw a good number of dislike for Bitcoin come from the banking system aka the main competitors of Bitcoin if it becomes a common currency in real life.


Title: Re: Why I Disliked Bitcoin
Post by: BobK71 on August 12, 2022, 11:45:56 AM
That was the basic reason why the OP had such high skepticism at the time. Because there are still many who think that way. But at least you quickly realized that the doubts were a mistake.
I may also be one of the people who started the introduction to bitcoin with a little hesitation. But I am more relieved now because I can eliminate those doubts.
For those who don't know about Bitcoin. I think they have no fault here. There is nothing but regret today for those who learned about Bitcoin but turned away from it because of the risk and lack of confidence. But time is not over yet. Now this is the perfect time for those who want to collect Bitcoins. OP feels like it's too late I'd say there's no time to look back. Your good sense has arisen. You have already invested 95 percent which is really big investment in crypto. Hope you will get good returns in future.


Title: Re: Why I Disliked Bitcoin
Post by: EarnOnVictor on August 25, 2022, 03:08:09 PM
For those who don't know about Bitcoin. I think they have no fault here. There is nothing but regret today for those who learned about Bitcoin but turned away from it because of the risk and lack of confidence. But time is not over yet. Now this is the perfect time for those who want to collect Bitcoins.
I did not like Bitcoin yet I regret it till today, so the regret is for both parties, not those that dislike/disliked it alone. Everyone needs money and such a missed opportunity might never be regained by many. Nonetheless, you are right, it is not over yet as I am a good trader, I have been earning through futures and spot trading. The nerves are getting calmer now.

I don't think it was exclusive to Bitcoin so people distrust Bitcoin for that is unreasonable.
You are wrong here, it is never unreasonable for anyone to have reservations about Bitcoin, though it might not be worth it in recent times. Personally, I changed my mind due to the more traceability of Bitcoin and the opportunity to trade it with exchanges. Fiat truly has its flaws too, but the truth is that it is still well-regulated. You can't compare its lapses with that of Bitcoin which is so decentralized. I don't think it is unreasonable for anyone to think in that direction.


Title: Re: Why I Disliked Bitcoin
Post by: Marvell1 on August 25, 2022, 03:34:48 PM
You must feel kinda stupid, OP. You really should be incredibly wealthy now it you weren’t so ignorant or risk averse in 2012. I started buying in 2015 because I knew it’d blow up. I don’t think I could live with myself if I stood on the sidelines & did nothing. Hopefully you bought enough in 2019 to have at least some exposure.

Nothing to regret or feel kinda stupid here, if bitcoin wasn't interested and didn't grow as explosively as it is today then you could say the OP was a bit stupid at the time. You should know that the explosion of bitcoin is unpredictable even if it is Satoshi.
I believe the early adopters also sold out their bitcoins shortly after the price of bitcoin went up 10x or 100x, very few people could hold them until today. There is still time to invest in bitcoin, it is still possible to become rich if you invest in bitcoin today and hold it for ten years or even twenty years from now.


Title: Re: Why I Disliked Bitcoin
Post by: Rockstarguy on August 25, 2022, 06:47:58 PM
There are people who do not like bitcoin for many reasons, but it is rare to see them, and I think they are people who lack a lot of knowledge, saying no to bitcoin is saying no to the future, saying no to money and the strangest thing is that people do not see the potential of bitcoin when time passes, the more time passes the bitcoin will reach a higher price value, the last maximum was high, and the most experts say that it can reach 100,000 dollars, how to say no to this?

I don't see any meaningful reason why some set of people who just hate bitcoin. The truth is that anyone that hates bitcoin lack knowledge. No reasonable person will know bitcoin and understands it and will still hate it. Bitcoin is more better than fiat and no one will reject money because already they what money is, and as for those who knew what bitcoin is will always value it. Many people who were ignorant about bitcoin and talk lot of wrong things about, after sometime when they get to know bitcoin they feel bad for their ignorance because of the opportunity they miss.


Title: Re: Why I Disliked Bitcoin
Post by: moneystery on August 25, 2022, 06:57:20 PM
Better late than never!

A lot of people are still pushing the "bad guys use bitcoin hurr durr" narrative not even taking into account that literally any tool out there can be used for both good and bad; and even forgetting that the very currency they're using everyday is being used for malicious purposes as well.
the narrative about bitcoin is only used by bad people even today it is still rippling loudly around, what I'm sad about is they don't really know what they say and think about bitcoin, bitcoin will continue to exist without or with the support of the crowd.


Title: Re: Why I Disliked Bitcoin
Post by: rby on August 25, 2022, 08:21:35 PM
Op while your story is so understanble, I feel that your topic is not in line with your story. Your topic is saying of why you hate bitcoin while your story is saying about your mistake of not believing bitcoin early when you heard of it. It wasn't bitcoin problem, but rather your problem. Your title should be "why I hate myself " or better to be fair, "my regret about Bitcoin ". Meanwhile there is still opportunity now, bitcoin might be with us till 50 yrs time, who knows


Title: Re: Why I Disliked Bitcoin
Post by: lucates on August 26, 2022, 07:51:44 PM
I have this kind of thoughts too when I was a newbie here but that doesn't discouraged me to explore more about Bitcoin specifically Blockchain because this is th technology that makes Bitcoin unique. It's not too late to start accepting Bitcoin because it’s just in the initial stage which many ups and down. More important is you realized its worth and its better than ignoring it completely for the rest of your life.

Whenever its first impression is bad, I was also against the bitcoin. But eventually I learned and realized its importance. Less awareness or knowledge and our prejudiced attitude are the major reasons for disliking bitcoin in the initial stages, but it changes eventually.


Title: Re: Why I Disliked Bitcoin
Post by: Myleschetty on August 26, 2022, 08:09:14 PM
I have this kind of thoughts too when I was a newbie here but that doesn't discouraged me to explore more about Bitcoin specifically Blockchain because this is th technology that makes Bitcoin unique. It's not too late to start accepting Bitcoin because it’s just in the initial stage which many ups and down. More important is you realized its worth and its better than ignoring it completely for the rest of your life.

Whenever its first impression is bad, I was also against the bitcoin. But eventually I learned and realized its importance. Less awareness or knowledge and our prejudiced attitude are the major reasons for disliking bitcoin in the initial stages, but it changes eventually.
@Eternad Blockchain is not the only thing that make Bitcoin unique. If it's the blockchain most altcoin with better TPS would have dethrone Bitcoin.
Bitcoin is unique because of it fundamental concept, consensus and it's the only true decentralized coin.

@lucates It's normal to have negative feelings about something good when you're naive. I believe every Bitcoin enthusiast once feels like that.


Title: Re: Why I Disliked Bitcoin
Post by: goldkingcoiner on August 26, 2022, 08:15:47 PM
Better late than never!

A lot of people are still pushing the "bad guys use bitcoin hurr durr" narrative not even taking into account that literally any tool out there can be used for both good and bad; and even forgetting that the very currency they're using everyday is being used for malicious purposes as well.

I believe that the narrative of "only bad guys use bitcoin" has got to be propaganda of Bitcoin opponents who actively have something to lose (in most cases, obviously profit) from the mass adoption of Bitcoin. These are the pushers of said propaganda. I cannot imagine anyone else wanting to hurt the reputation of Bitcoin with such obvious lies. Anyone who adopted Bitcoin even a week ago knows it's a lie. So it can't be ignorance fueling the anticoinery. It's got to be bankers and regulators.


Title: Re: Why I Disliked Bitcoin
Post by: MiF on August 26, 2022, 08:16:58 PM
I did not dislike bitcoin but i have many regrets on it from the past. I am anger that i did not buy it when it is still cheap at price and now i think i am too late for bitcoin price today is pretty much higher than the year that its price is only one Dollar, for now i can only afford to buy altcoins however i am still thankful because i also earn on buying and selling altcoins and i still pray that btc will back to bullish again because i know that altcoins depends on bitcoin and if ever btc will be bullish altcoinswill also become bullish which means profit to every holder like me.


Title: Re: Why I Disliked Bitcoin
Post by: EarnOnVictor on August 28, 2022, 07:43:37 AM
Nothing to regret or feel kinda stupid here, if bitcoin wasn't interested and didn't grow as explosively as it is today then you could say the OP was a bit stupid at the time. You should know that the explosion of bitcoin is unpredictable even if it is Satoshi.
I believe the early adopters also sold out their bitcoins shortly after the price of bitcoin went up 10x or 100x, very few people could hold them until today. There is still time to invest in bitcoin, it is still possible to become rich if you invest in bitcoin today and hold it for ten years or even twenty years from now.
Thank you for this, it shows that you have sense and fully understand both human psychology and the psychology behind Bitcoin itself.

I believe that the narrative of "only bad guys use bitcoin" has got to be propaganda of Bitcoin opponents who actively have something to lose (in most cases, obviously profit) from the mass adoption of Bitcoin.
Everyone has the right to their decisions and for someone to dislike Bitcoin means that they have their reservations, but not necessarily mean that they are the opponent. The reason for many to dislike it or have their reservations might be genuine which I will always respect despite now using Bitcoin myself.

the narrative about bitcoin is only used by bad people even today it is still rippling loudly around
I am sure you are misinterpreting people, how lame could it be to say that Bitcoin is being used only by the bad people? More good people use it of course. But we can't ignore the fact that Bitcoin is also being used by bad people because of its decentralization. Loopholes everywhere. I will always be factual.

I don't see any meaningful reason why some set of people who just hate bitcoin. The truth is that anyone that hates bitcoin lack knowledge.
First, hate is different from dislike, and many have reservations about Bitcoin that are genuine for real. Many do not lack knowledge as you ignorantly insinuated but can't just deal with a largely unregulated entity, you have to respect that. The present advancement and more regulations might soon make it more adapted.

Op while your story is so understanble
What is not understandable in this story? I guess you rushed the reading, so I challenge you to read it again.


Title: Re: Why I Disliked Bitcoin
Post by: Xampeuu on August 28, 2022, 09:10:00 AM
I did not dislike bitcoin but i have many regrets on it from the past. I am anger that i did not buy it when it is still cheap at price and now i think i am too late for bitcoin price today is pretty much higher than the year that its price is only one Dollar, for now i can only afford to buy altcoins however i am still thankful because i also earn on buying and selling altcoins and i still pray that btc will back to bullish again because i know that altcoins depends on bitcoin and if ever btc will be bullish altcoinswill also become bullish which means profit to every holder like me.
meaningless regret, because I'm sure many people feel it like you, including me. but if we remember those days, we can realize that it is not that easy to buy in bulk, because we don't know what the future holds. and if we know if the price is up to what it is today, of course we can retire this time. now is the future, and whether we dare to hold it now for the future, I think this is also what happened in the past, no regrets, but we must prepare investments from now on for our old age later.


Title: Re: Why I Disliked Bitcoin
Post by: kamvreto on August 28, 2022, 11:38:10 AM
I did not dislike bitcoin but i have many regrets on it from the past. I am anger that i did not buy it when it is still cheap at price and now i think i am too late for bitcoin price today is pretty much higher than the year that its price is only one Dollar, for now i can only afford to buy altcoins however i am still thankful because i also earn on buying and selling altcoins and i still pray that btc will back to bullish again because i know that altcoins depends on bitcoin and if ever btc will be bullish altcoinswill also become bullish which means profit to every holder like me.
meaningless regret, because I'm sure many people feel it like you, including me. but if we remember those days, we can realize that it is not that easy to buy in bulk, because we don't know what the future holds. and if we know if the price is up to what it is today, of course we can retire this time. now is the future, and whether we dare to hold it now for the future, I think this is also what happened in the past, no regrets, but we must prepare investments from now on for our old age later.

the past will remain in the past and all we can do is learn from it. when in the past bitcoin was not valued well, and in the end bitcoin continued to get attention and continued to be bullish until it reached an unexpected high price. we don't hold back the bitcoins we have in the past. I even owned a lot of bitcoins and sold them at a pretty high price at the time. but now it's probably hundreds of times. nothing to regret, it will be a part of history that we must go through and make us understand how to make the right investment.


Title: Re: Why I Disliked Bitcoin
Post by: wahyuagung26 on August 28, 2022, 02:10:31 PM
I did not dislike bitcoin but i have many regrets on it from the past. I am anger that i did not buy it when it is still cheap at price and now i think i am too late for bitcoin price today is pretty much higher than the year that its price is only one Dollar, for now i can only afford to buy altcoins however i am still thankful because i also earn on buying and selling altcoins and i still pray that btc will back to bullish again because i know that altcoins depends on bitcoin and if ever btc will be bullish altcoinswill also become bullish which means profit to every holder like me.
Incidents like this happen a lot to some people who have always known Bitcoin, and in the same case as you, they don't choose to buy Bitcoin at a very low price at that time or in the 2012 area, and a lot of people -people regret seeing the price of Bitcoin now because if they had bought Bitcoin in the past, maybe now there are so many benefits that these people have gotten.

Actually I am also someone who is very sorry, and now the past is just the past and will remain in the past, all I can do now is learn from the incident.
The reason I didn't buy Bitcoin in the past, isn't because I hate or dislike it, it's just that I don't know much about Cryptocurreny, especially Bitcoin itself.


Title: Re: Why I Disliked Bitcoin
Post by: iphone5s on August 29, 2022, 12:11:40 AM
I did not dislike bitcoin but i have many regrets on it from the past. I am anger that i did not buy it when it is still cheap at price and now i think i am too late for bitcoin price today is pretty much higher than the year that its price is only one Dollar, for now i can only afford to buy altcoins however i am still thankful because i also earn on buying and selling altcoins and i still pray that btc will back to bullish again because i know that altcoins depends on bitcoin and if ever btc will be bullish altcoinswill also become bullish which means profit to every holder like me.
meaningless regret, because I'm sure many people feel it like you, including me. but if we remember those days, we can realize that it is not that easy to buy in bulk, because we don't know what the future holds. and if we know if the price is up to what it is today, of course we can retire this time. now is the future, and whether we dare to hold it now for the future, I think this is also what happened in the past, no regrets, but we must prepare investments from now on for our old age later.


Everyone has their own regrets about this, there are some people who have found big losses without them realizing about the falling price of Bitcoin. but there are also some lucky people who have saved Bitcoin in 2017 until now. So it's about how you judge what you got today. There are people who are traumatized about what is happening right now and stop playing this whole thing. they left everything they had learned.


Title: Re: Why I Disliked Bitcoin
Post by: budi691 on August 29, 2022, 02:34:51 AM
many people use fiat money to commit crimes, but I don't understand why they always say Bitcoin is not good, why not say fiat money is not good, even though its function is the same as being used to commit crimes,
this is just a different perspective on how people think they might not like Bitcoin


Title: Re: Why I Disliked Bitcoin
Post by: dezoel on August 29, 2022, 01:58:11 PM
The sad thing is, I "knew" that bitcoin would go up, but I had a stream of income from it and didn't feel like I would need to keep most of it because the big income would continue to come and I would make wealth from it. Like you could work with just fiat and still make a profit and become wealthy, that way.

I just had income that was beyond what I am making right now, even 5 years ago, it was superb and I loved it. Then it all stopped and now I have nearly no bitcoin left, I have a few thousand in investments but that's about it, nothing big. So, even people who knew that bitcoin would be eventually reaching these levels, like me, made some mistakes back in the day.


Title: Re: Why I Disliked Bitcoin
Post by: EarnOnVictor on August 31, 2022, 06:51:14 AM
The sad thing is, I "knew" that bitcoin would go up, but I had a stream of income from it and didn't feel like I would need to keep most of it because the big income would continue to come and I would make wealth from it.
Your case is better, you had many income streams and still earn from Bitcoin regardless of whether you hold it or not. Once you are earning, you are earning, so no regrets. This is similar to mine too, I was earning with other sectors of the financial market when I missed the opportunities with Bitcoin between 2020-2021.

many people use fiat money to commit crimes, but I don't understand why they always say Bitcoin is not good, why not say fiat money is not good, even though its function is the same as being used to commit crimes,
I have explained this in the past, I will do that again. We need to be neutral and realistic here. Bitcoin is decentralized, while fiat is not, the loopholes to use Bitcoin to commit a crime are more, and these people are virtually using it unchallenged unlike the case of fiat. Conclusively, none of them could be absolved of crimes but that of Bitcoin is way more.

the past will remain in the past and all we can do is learn from it.
I like this quote of yours, as no one could turn back the hands of time, we should not be living in regrets. This has been my conclusion about Bitcoin opportunities missed because of my overbearing thoughts. However, this has passed, and more present and future opportunities are still with Bitcoin if one could unlock them carefully.


Title: Re: Why I Disliked Bitcoin
Post by: Bitcoin SV on August 31, 2022, 07:04:22 AM
I disliked bitcoin because Bitcoin is environmental menace! BTC miners are carbon terrorists! (https://bitcointalk.org/index.php?topic=5386677.0)


Title: Re: Why I Disliked Bitcoin
Post by: tjtonmoy on August 31, 2022, 09:25:00 AM
BTC is like cigarette. There's a label on it says smoking is injurious to health, but people do smoke. Because it's an addiction. BTC is an addiction for crypto users. So the more time passes, more people will lean towards BTC in future for sure.
not a great example but it is what it is.


Title: Re: Why I Disliked Bitcoin
Post by: teddybear on August 31, 2022, 06:19:20 PM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!

It makes no sense to use Bitcoin for payments in any country.

There are so many better alternatives available in the crypto world.

You could use dollar-pegged stable coins.

I hate the concept of "buying the dip". This means that every time that Bitcoin prices dip, you buy more Bitcoin.

It means that you believe that Bitcoin prices will keep rising forever.

So every time prices dip, you buy more.


Title: Re: Why I Disliked Bitcoin
Post by: Pierre 2 on August 31, 2022, 07:39:34 PM
When I first heard about Bitcoin I didn't exactly understand it. I haven't got good economy knowledge it was main reason I was not interested. But after couple more years I realized that blockchain technology was very useful. I realized holes it created against banking system and government controls over finances. I fell in love with Bitcoin. And I was proven right later. Everyone around me know used Bitcoin at least once in their lifetime. Some are active traders.


Title: Re: Why I Disliked Bitcoin
Post by: AicecreaME on September 01, 2022, 02:19:49 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!

Like what they always say, it's better to be late than never trying at all.

I feel your sentiments because I also regret that I let the opportunities slip away back then when I had the chance to grasp it. Way back in 2017, bitcoin's price is really at its lowest position which makes it ideal to invest. But during those times, I had doubt that it will be worth it, so I didn't really took it seriously because I was also a student back then, trying to survive the college life. While I was busy studying, bitcoin is slowly skyrocketing.

I had my fair shares of investments made from bitcoin. Despite starting off with little capital and profit, I managed to purchase several items that I am still using today. I'm not really that down from it anymore because I decided to just look on the brighter side of things instead thinking negatively. I can always start to invest right now and in the future if I would want to and if I see a great opportunity to buy at an enticing market value. Hopefully, bitcoin will keep on growing so that we can all gain as much.


Title: Re: Why I Disliked Bitcoin
Post by: Fara Chan on September 01, 2022, 03:26:08 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.
Better late but you already know how the bitcoin journey process, compared to taking fast steps, but the awareness to review bitcoin is actually very lacking, many people regret that awareness involves bitcoin negatively, because they don't know how to take full advantage of bitcoin, cases like your understanding occur quite a lot, but eventually bitcoin answered those doubts, and finally bitcoin is the only strong coin now, although corrections occur as the market goes on


Title: Re: Why I Disliked Bitcoin
Post by: Sebas.tian on September 01, 2022, 06:20:37 AM
Quote
many people use fiat money to commit crimes, but I don't understand why they always say Bitcoin is not good, why not say fiat money is not good, even though its function is the same as being used to commit crimes,
this is just a different perspective on how people think they might not like Bitcoin

Bitcoin is very good for any government to make it legal for their citizens to have idea about Bitcoin and how to use it in a positive way that will bring more progress into the community. Those that made Bitcoin legal in their countries some years ago, will not use Bitcoin to commit crimes in the land than to use it in a way the government will be happy to create more suitable environment for the users in the land. I think, many countries are very ready to make Bitcoin legal in their country, because of the good things they have experienced from other countries that made it legal for their citizens.


Title: Re: Why I Disliked Bitcoin
Post by: Chucksmark on September 01, 2022, 08:20:46 AM
Better late than never!

A lot of people are still pushing the "bad guys use bitcoin hurr durr" narrative not even taking into account that literally any tool out there can be used for both good and bad; and even forgetting that the very currency they're using everyday is being used for malicious purposes as well.

You just said it all, a country like mine, an internet fraudster and a bitcoin trader are seen as the same. Differentiating both people to them is one of the biggest task I have come across. Especially to the older ones.


Title: Re: Why I Disliked Bitcoin
Post by: Z-tight on September 01, 2022, 08:34:26 AM
It makes no sense to use Bitcoin for payments in any country.

There are so many better alternatives available in the crypto world.

You could use dollar-pegged stable coins.
Instead of using dollar-pegged stable coins, why don't you just use the USD itself, it is probably the same thing, then i also do not trust most stable coins, and anybody who has done a bit of research into stable coins will know the reason why.

It goes without saying that bitcoin is perfect for payment in any country, i wonder why one will say it makes no sense to use it, if you think there are crypto alternatives better than bitcoin for payment, then i will ask you why those alternative cryptocurrencies aren't being adopted. Bitcoin beats every crypto in global adoption, and people keep using it all around the world for payment, it is even a legal tender in two countries already, that makes so much sense.


Title: Re: Why I Disliked Bitcoin
Post by: _act_ on September 01, 2022, 08:49:01 AM
Instead of using dollar-pegged stable coins, why don't you just use the USD itself, it is probably the same thing, then i also do not trust most stable coins, and anybody who has done a bit of research into stable coins will know the reason why.
As long as people are making use of a stable coin, it can remain good, the only stable coin that I can not advice anyone to use are the algorithmic stable coins, they are the ones that are filling, fiat backed ones like USDT, USDC and TUSD are all not bad.

But you are not wrong, most stable coins can be frozen on noncustodial wallet, that is centralization.

If anyone can access USD directly, it is the best, rather than to depend on a coin that depends on USD and that can possibly fail, USD still has more certainty that it can not fail, unlike stable coins.


Title: Re: Why I Disliked Bitcoin
Post by: Chucksmark on September 01, 2022, 09:17:29 AM
When I first heard about Bitcoin I didn't exactly understand it. I haven't got good economy knowledge it was main reason I was not interested. But after couple more years I realized that blockchain technology was very useful. I realized holes it created against banking system and government controls over finances. I fell in love with Bitcoin. And I was proven right later. Everyone around me know used Bitcoin at least once in their lifetime. Some are active traders.
Imagine The stress of going to the bank for Western Union, MoneyGram, etc for both the sender and receiver; the ID card check; the delay in the transaction; BlockChain technology, in my opinion, is simply the PROMOX VERSION of the banking system.


Title: Re: Why I Disliked Bitcoin
Post by: tygeade on September 01, 2022, 06:01:52 PM
Better late than never!

A lot of people are still pushing the "bad guys use bitcoin hurr durr" narrative not even taking into account that literally any tool out there can be used for both good and bad; and even forgetting that the very currency they're using everyday is being used for malicious purposes as well.
You just said it all, a country like mine, an internet fraudster and a bitcoin trader are seen as the same. Differentiating both people to them is one of the biggest task I have come across. Especially to the older ones.
I really believe that people who think bitcoin/crypto is still used mainly by bad people just don't have any idea how much we improved. If you haven't been here long enough, I can tell you that it has been used by those same bad people long time ago, it was all darknet and drugs and what not back in the day. But we turned into Micheal Saylor, Elon Musk and even Kevin o'leary levels of legit business people who are going into crypto these days.

So, it moved out of that phase long time ago and got into the fact that business and company leaders are all interested in crypto right now as well. Some may not be aware of it, but that is their problem and not ours.


Title: Re: Why I Disliked Bitcoin
Post by: Hamphser on September 01, 2022, 09:35:27 PM
Better late than never!

A lot of people are still pushing the "bad guys use bitcoin hurr durr" narrative not even taking into account that literally any tool out there can be used for both good and bad; and even forgetting that the very currency they're using everyday is being used for malicious purposes as well.
You just said it all, a country like mine, an internet fraudster and a bitcoin trader are seen as the same. Differentiating both people to them is one of the biggest task I have come across. Especially to the older ones.
I really believe that people who think bitcoin/crypto is still used mainly by bad people just don't have any idea how much we improved. If you haven't been here long enough, I can tell you that it has been used by those same bad people long time ago, it was all darknet and drugs and what not back in the day. But we turned into Micheal Saylor, Elon Musk and even Kevin o'leary levels of legit business people who are going into crypto these days.

So, it moved out of that phase long time ago and got into the fact that business and company leaders are all interested in crypto right now as well. Some may not be aware of it, but that is their problem and not ours.
Just let those people believe on what they do believe.Its their losses yet they are missing out good opportunities not only on earning money but also they are missing the actual utility which bitcoin do able to give.

There are just people who are just that too close minded on which they dont really only believe on what are the things that they do have in mind.If they disliked it because of that particular manner

then so be it and just let them be because sooner or later then would really be realizing that those are just those small cons where bitcoin does have but it been outweighed by its benefits which
might give out that positive impressions afterwards to them.


Title: Re: Why I Disliked Bitcoin
Post by: xSkylarx on September 02, 2022, 12:18:17 PM
The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

This is how the media portrays bitcoin that causes many people become afraid of it. My non-techy relatives thinks that my side-hustles are illegal because of those news about criminals using bitcoin. Some of them says it is a scam because of their bad experience on a ponzi scheme before.

I love to read your stories about Bitcoin adoption too!

I started to know about bitcoin way back 2016 during my studies. I was looking for side hustles that time and my friend introduced me to cryptocurrencies. I learned some basics of trading which helped me a lot to earn some extra money that I can add to my allowance. Up until now, bitcoin and crypto has been my extra source of income because my salary is just enough to cover my priorities.


Title: Re: Why I Disliked Bitcoin
Post by: Obito on September 02, 2022, 01:57:09 PM
If I had the money to get in it back then, I would've probably got into investing early in my life but I am just a snotty brat back then that only cares about living a carefree life which is regrettable but I don't mind it anymore because I've got into bitcoin now, now is what matters the most.


Title: Re: Why I Disliked Bitcoin
Post by: Z-tight on September 02, 2022, 02:09:41 PM
If I had the money to get in it back then, I would've probably got into investing early in my life but I am just a snotty brat back then that only cares about living a carefree life which is regrettable but I don't mind it anymore because I've got into bitcoin now, now is what matters the most.
Yeah, i do not feel people should think they have missed so much because they are not early investors, some of them do not know that even if they had invested then, they probably would not have held for too long before selling it, that is immediately the coin started to rise back in the days, some of them look at the bitcoin price so high now and feel they missed a chance to make wealth, but the question they should ask themselves is, if they had invested then, how long would they have held before they sold, probably as early as bitcoin began to rise. Needless to say that people should not regret things like this, i am also happy with the time i found out about bitcoin, at least i could learn a lot with what had happened in the network before i joined and to avoid making mistakes that people made.


Title: Re: Why I Disliked Bitcoin
Post by: pawanjain on September 02, 2022, 02:38:15 PM
It has happened to the best of us that we knew about bitcoin long ago but were unable to invest in it mostly because of no money.
Even I have faced this but I am happy that I am still here and aware of crypto. I started from zero but over the years I have grown my portfolio.
Crypto is still young to be honest and the fact that we all are here is still a good thing. People can still start now since the market is in a bear market.
Thus a lot of opportunities are still in your way so make hay while the sun shines.


Title: Re: Why I Disliked Bitcoin
Post by: Oneandpure on September 02, 2022, 07:10:09 PM
I started to know about bitcoin way back 2016 during my studies. I was looking for side hustles that time and my friend introduced me to cryptocurrencies. I learned some basics of trading which helped me a lot to earn some extra money that I can add to my allowance. Up until now, bitcoin and crypto has been my extra source of income because my salary is just enough to cover my priorities.
I started my journey with bitcoin in middle years of 2016 and have been my passive income with cryptocurrency as trading and investor until nowadays, not have space for me why have dislike with bitcoin although with several time got loss when investing suddenly price drop. Bitcoin have been light in my journey how I spent my daily activities by trading only without have other real working.

I am thankful with my friend have introduced me about cryptocurrency and helped my financial freedom when I know with bitcoin and altcoin, I think no space for me why disliked with bitcoin because half of my achievement right now source from cryptocurrency as trading or another passive income way trough bitcoin trader.


Title: Re: Why I Disliked Bitcoin
Post by: Jeger.Kiting on September 03, 2022, 05:40:15 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.
When you have seen and feel that you are losing a lot of your assets on Forex why do you continue, you should think about looking for another trade and move your assets there, that way you will not lose a lot of assets that you had in that time. Never blame Bitcoin for the risk you get at that time, because it is purely your own fault, before investing you should see and understand which market is good to invest in Bitcoin.



Title: Re: Why I Disliked Bitcoin
Post by: Artem Sereda on September 09, 2022, 08:17:46 AM
Agree with the answers here! Bitcoin has a reputation for being bad. Because it is being used by some people for evil purposes. But this is strange rhetoric as if people do not want to delve deeper into the topic and draw conclusions only on information that gives cryptocurrency a bad side. And completely ignoring the positive aspects. A good example is the transfer of funds between countries. Translation speed. Inflation protection. And I just started listing the positives.


Title: Re: Why I Disliked Bitcoin
Post by: EarnOnVictor on October 04, 2022, 06:56:30 AM
I started to know about bitcoin way back 2016 during my studies. I was looking for side hustles that time and my friend introduced me to cryptocurrencies. I learned some basics of trading which helped me a lot to earn some extra money that I can add to my allowance. Up until now, bitcoin and crypto has been my extra source of income because my salary is just enough to cover my priorities.
I started my journey with bitcoin in middle years of 2016 and have been my passive income with cryptocurrency as trading and investor until nowadays, not have space for me why have dislike with bitcoin although with several time got loss when investing suddenly price drop. Bitcoin have been light in my journey how I spent my daily activities by trading only without have other real working.

I am thankful with my friend introduced me to cryptocurrency and helped my financial freedom when I know about bitcoin and altcoin, I think no space for me why disliked bitcoin because half of my achievements right now source from cryptocurrency as trading or another passive income way trough bitcoin trader.
What a good story attached with luck! I envy people like you who could take the risk at that time. I always regret it when I look back in relation to what Bitcoin achieved a few years ago. I might be nearing my 1 billion dollars now judging by the money I have for investment at that time if I had invested them all in BTC.

Agree with the answers here! Bitcoin has a reputation for being bad. Because it is being used by some people for evil purposes. But this is strange rhetoric as if people do not want to delve deeper into the topic and draw conclusions only on information that gives cryptocurrency a bad side. And completely ignoring the positive aspects. A good example is the transfer of funds between countries. Translation speed. Inflation protection. And I just started listing the positives.
I must refute that this bad rhetoric about Bitcoin is not strange and is still there. Although, if one could move closer, they will know that the benefits of using Bitcoin outweigh the cause of any reservation about using it. Bitcoin is a very good development that needs more awareness for more adoption. Yet, the world's government has a lot to do to regulate it in their possible way to make it safer and appreciated more.

I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.
When you have seen and feel that you are losing a lot of your assets on Forex why do you continue, you should think about looking for another trade and move your assets there, that way you will not lose a lot of assets that you had in that time. Never blame Bitcoin for the risk you get at that time, because it is purely your own fault, before investing you should see and understand which market is good to invest in Bitcoin.
Did you read my posts clearly? I did not shift the blame of Forex trading on Bitcoin, how would I do that? I was only having my reservation due to the negative things perceived of it which are still genuine till today. Only that they do not matter to me anymore as I am determined to continue to earnest the good aspect of the crypto and make myself blind to the bad part.


Title: Re: Why I Disliked Bitcoin
Post by: Mahanton on October 04, 2022, 10:23:21 PM
Agree with the answers here! Bitcoin has a reputation for being bad. Because it is being used by some people for evil purposes. But this is strange rhetoric as if people do not want to delve deeper into the topic and draw conclusions only on information that gives cryptocurrency a bad side. And completely ignoring the positive aspects. A good example is the transfer of funds between countries. Translation speed. Inflation protection. And I just started listing the positives.
Why they cant just turned their necks and look back on what fiat had also been able to attained when it comes on being a tool for most illegal transactions made of? It is really just part of bad publicity
on which they are really that too focus on Bitcoin and this is what make things looks bad specially into those people who dont know about Bitcoin.They would be having that first bad impression
but later on or sooner or later they would really able to realize that these things are totally not true at all.People do really just made out things to make it look bad.
If we do make out some comparison in between positive and negative then the benefits outweighs its cons.


Title: Re: Why I Disliked Bitcoin
Post by: glendall on October 10, 2022, 12:01:10 PM
my thinking is worse when I know/know what bitcoin is and am very pessimistic that it will go forward and be worth more than 100$, it turns out that my guess was wrong that btc reached more than 100$ within 10 years, and I am very sorry for ignoring my friend's invitation to buy btc earlier


Title: Re: Why I Disliked Bitcoin
Post by: Gallar on October 10, 2022, 01:47:40 PM
at first a lot of people doubted bitcoin, even laughed at it.

but after they know what the real purpose of bitcoin, the use of bitcoin, and the benefits of bitcoin.

they were immediately attracted to bitcoin.

because before I studied crypto, I thought, this must be a scam, this is definitely not true.

but after I tried to invest, because I was curious too,
it turned out that this crypto was extraordinary, especially bitcoin, that's where I started to learn more about crypto.


Title: Re: Why I Disliked Bitcoin
Post by: Agbe on October 10, 2022, 02:37:38 PM
That is why this popular saying always good "Experience is the best Teacher". And also " It is better late than late". If you were told by someone that bitcoin is good, you would not believed it which you have already did. But you personally dislike it and experience the it good evidences from other users and became interested in it the more. We thank God that you it lately not late. You still have a good opportunity to invest in this bear Market before it skyrocket so you still come as the good time of the market though at the years back, the years you mentioned, it was very good to invest. When something comes out newly a large number of people always doubted it. But when they see the prospect from the few users then few from the doubting team would join. That is how Investment grows. Everyone in the forum has their own experience in bitcoin.


Title: Re: Why I Disliked Bitcoin
Post by: KaliLinux on October 11, 2022, 09:17:22 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!
Well, People are always quick to jump to conclusions even without verification. Did you really verify the negative thoughts about Bitcoin before you believe it was so or that was just out of what was been said? Anyways, it is good that you have now understood what Bitcoin is and I truly believe that we are still at the early stage even though people can again argue that Bitcoin has already gone too high in price not thinking where it could be in years to come.


Title: Re: Why I Disliked Bitcoin
Post by: OrangeV on October 11, 2022, 12:12:35 PM
That whole "Bad guys use crypto so let's do everything in our power to make sure that people never use it" kind of reminds me of the Edward Snowden situation when he leaked that the US was monitoring people's phone calls to prevent terrorism.


Title: Re: Why I Disliked Bitcoin
Post by: EarnOnVictor on October 12, 2022, 07:18:05 AM
Well, People are always quick to jump to conclusions even without verification. Did you really verify the negative thoughts about Bitcoin before you believe it was so or that was just out of what was been said? Anyways, it is good that you have now understood what Bitcoin is and I truly believe that we are still at the early stage even though people can again argue that Bitcoin has already gone too high in price not thinking where it could be in years to come.
I never jumped to conclusions pal, I only had my reservations at that time. And if you must know, most of these reservations linger till today, only that I don't care about most of them anymore. The better regulations and more traceable transactions of Bitcoin these days help me better to under-weigh the negative side of it.

That whole "Bad guys use crypto so let's do everything in our power to make sure that people never use it" kind of reminds me of the Edward Snowden situation when he leaked that the US was monitoring people's phone calls to prevent terrorism.
And you think bad people could be totally eliminated from Crypto? That is not possible. Even the most regulated fiat is still being penetrated by these people.


Title: Re: Why I Disliked Bitcoin
Post by: Quidat on October 12, 2022, 10:05:29 PM
~~~~
Well, People are always quick to jump to conclusions even without verification. Did you really verify the negative thoughts about Bitcoin before you believe it was so or that was just out of what was been said? Anyways, it is good that you have now understood what Bitcoin is and I truly believe that we are still at the early stage even though people can again argue that Bitcoin has already gone too high in price not thinking where it could be in years to come.
If you are someone who doesnt have much idea on what Bitcoin or crypto is then you would really be likely on having these sentiments which you would be pertaining mostly into its cons without even trying to look back on what fiat had done or been used when it comes to these illegal activities which its been used as a tool to launder money or any other means correlated to that which same
goes on Bitcoin too.People cant really just tend to look on the bigger picture and making out direct conclusions without even trying to look back about its utility and its feature aspect.
Some might not like it but huge community is really be looking on the better side of things.


Title: Re: Why I Disliked Bitcoin
Post by: gilasonelinor6787 on October 18, 2022, 03:13:56 AM
Limited adoption for now, and fewer places to spend it.
Responsibility and risk go hand in gloves (many folks take it to be too risky to protect their funds themselves, so they don't like bitcoin for that because they don't wanna take responsibility


Title: Re: Why I Disliked Bitcoin
Post by: gabbie2010 on October 18, 2022, 04:21:26 PM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.
When you have seen and feel that you are losing a lot of your assets on Forex why do you continue, you should think about looking for another trade and move your assets there, that way you will not lose a lot of assets that you had in that time. Never blame Bitcoin for the risk you get at that time, because it is purely your own fault, before investing you should see and understand which market is good to invest in Bitcoin.


The OP never said he lost a lot of assets on forex trading rather the OP uses bitcoin for funding of forex account as well as withdrawal but instead of investing the profits earned in bitcoin, the OP was very sceptical of illegality of bitcoin that time, that was the regrets, there are other categories of investors who doubted the credibility of bitcoin that time, it was after the 2017 ATH that was when investors and other crypto enthusiast who ought to have invested in bitcoin then but shun it started to regret about there sad experiences of having that opportunity of investing in it earlier.


Title: Re: Why I Disliked Bitcoin
Post by: Gallar on November 07, 2022, 07:20:54 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!
many people underestimate and end up regretting like you,
because they only see the weaknesses, do not see the strengths.

many people regret it.

but it's never too late to invest in bitcoin, it's people who don't invest who are slow to realize the advantages of bitcoin.


Title: Re: Why I Disliked Bitcoin
Post by: Bazzu on November 07, 2022, 11:39:32 AM
at first a lot of people doubted bitcoin, even laughed at it.

but after they know what the real purpose of bitcoin, the use of bitcoin, and the benefits of bitcoin.

they were immediately attracted to bitcoin.

because before I studied crypto, I thought, this must be a scam, this is definitely not true.

but after I tried to invest, because I was curious too,
it turned out that this crypto was extraordinary, especially bitcoin, that's where I started to learn more about crypto.

surely everything was like that at first, but after learning about bitcoin, many were interested in bitcoin. including myself as well. but after learning about bitcoin I finally understood, and started investing in bitcoin.


Title: Re: Why I Disliked Bitcoin
Post by: Tony116 on November 07, 2022, 11:53:21 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!
many people underestimate and end up regretting like you,
because they only see the weaknesses, do not see the strengths.

many people regret it.

but it's never too late to invest in bitcoin, it's people who don't invest who are slow to realize the advantages of bitcoin.

Not only OP but you should know that most people will make the same decision at that time, even you in that situation will be like us. When something is so new, people tend to be suspicious and distrustful, even the first bitcoin miners were uncertain about its future let alone the likes of us.

It's funny how many investors nowadays say why the first people to accept bitcoin didn't hold bitcoin until now, you won't regret it until you see it as successful as it is today. The future of bitcoin has always been an unknown, even now there is no guarantee.


Title: Re: Why I Disliked Bitcoin
Post by: Cantsay on November 07, 2022, 10:55:52 PM
~snipped~
I love to read your stories about Bitcoin adoption too!

To me I have always viewed Bitcoin as something that only those with millions of dollars can participate in. And if you don't have then you shouldn't even consider involving yourself in it.  Even though I heard about it earlier I refused to learn more about it due to my mindset it wasn't until I came across an article by mistake that made me understand what Bitcoin truly is, and that changed the mindset I have always had concerning Bitcoin.

But still I'm in the process of learning and it have been an amazing journey all through.


Title: Re: Why I Disliked Bitcoin
Post by: Ludmilla_rose1995 on November 08, 2022, 03:15:03 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!
happy to read your story, you managed to turn your fear into your belief in bitcoin. I know bitcoin in 2015 but focus on bitcoin in late 2017, I know I have missed many days because of my disbelief in bitcoin at that time, but now I have full faith in bitcoin, and so far bitcoin is the one that is immune to any conditions and will never rug.


Title: Re: Why I Disliked Bitcoin
Post by: xzy887 on November 08, 2022, 04:07:23 AM
my thinking is worse when I know/know what bitcoin is and am very pessimistic that it will go forward and be worth more than 100$, it turns out that my guess was wrong that btc reached more than 100$ within 10 years, and I am very sorry for ignoring my friend's invitation to buy btc earlier
It's not your fault alone. Those who didn't like Bitcoin earlier have now proved themselves fools like me. I was invited to Bitcoin by my friends in 2016, but I didn't like Bitcoin then and I never thought that Bitcoin would become so popular. And now I feel like a fool, because my friends invested in 2016 and now they're making huge profits that I couldn't be because I disliked them Bitcoin.Does that mean I still dislike Bitcoin? There is never a question. Because I don't want to be stupid again and again. And those who do will regret reading like me.


Title: Re: Why I Disliked Bitcoin
Post by: Bazzu on November 08, 2022, 11:57:58 AM
my thinking is worse when I know/know what bitcoin is and am very pessimistic that it will go forward and be worth more than 100$, it turns out that my guess was wrong that btc reached more than 100$ within 10 years, and I am very sorry for ignoring my friend's invitation to buy btc earlier
It's not your fault alone. Those who didn't like Bitcoin earlier have now proved themselves fools like me. I was invited to Bitcoin by my friends in 2016, but I didn't like Bitcoin then and I never thought that Bitcoin would become so popular. And now I feel like a fool, because my friends invested in 2016 and now they're making huge profits that I couldn't be because I disliked them Bitcoin.Does that mean I still dislike Bitcoin? There is never a question. Because I don't want to be stupid again and again. And those who do will regret reading like me.

indeed a lot of people who tell their lives about bitcoin as you experience, namely you are invited by your friends to buy bitcoin. And I've felt the same way you feel. but of course now I'm starting to learn about bitcoin and will adopt bitcoin as much as possible. So basically it's never too late to buy bitcoin.


Title: Re: Why I Disliked Bitcoin
Post by: EarnOnVictor on December 08, 2022, 07:26:02 AM
If you are someone who doesnt have much idea on what Bitcoin or crypto is then you would really be likely on having these sentiments which you would be pertaining mostly into its cons without even trying to look back on what fiat had done or been used when it comes to these illegal activities which its been used as a tool to launder money or any other means correlated to that which same
goes on Bitcoin too.
True! Fiat still aids illegalities, but it is much lower than what Bitcoin aids. A careful person like me can't just dabble into adopting such a coin without thinking about it over and over, especially when I have alternatives that are earning me income.

many people underestimate and end up regretting like you,
because they only see the weaknesses, do not see the strengths.

many people regret it.

but it's never too late to invest in bitcoin, it's people who don't invest who are slow to realize the advantages of bitcoin.
Frankly, the reason for my reservation is right, and I was only sceptical to adopt what could aid some illegalities. This made me avoid it rather than the good side of it that could benefit me. Well, the opportunities are still there and my regret was not much, do you know why? I have good plans for my Bitcoin investment, which weighs more.

o me I have always viewed Bitcoin as something that only those with millions of dollars can participate in. And if you don't have then you shouldn't even consider involving yourself in it.
This was an outright misconception about Bitcoin, mine was not as bad as that, I had the needed information about the coin which happens to be true till today. I was only trying to be a more reasonable and responsible world citizen.


Title: Re: Why I Disliked Bitcoin
Post by: borovichok on December 08, 2022, 11:32:58 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!
Not getting the right information on time is also one of the tough times making people to lose interest in cryptocurrency.Bitcoin have been in existence but it's our ignorance that have led us astray and make us lose big opportunities. It's very important we know how to cope with Bitcoin because it have come to stay. It's very good at least you were still early in the space, 2019, didn't have enough population in the space but it was increasing gradually, rather than 2020 which the population increase rapidly as everyone wanted to make money in Bitcoin.


Title: Re: Why I Disliked Bitcoin
Post by: Honnet43 on December 08, 2022, 02:51:07 PM
Bitcoin have been in existence but it's our ignorance that have led us astray and make us lose big opportunities. It's very important we know how to cope with Bitcoin because it have come to stay.
It was a great and important lesson for all of us and we have learned a lot since then. I think it all also made a lot of sense in a global perspective.


Title: Re: Why I Disliked Bitcoin
Post by: Blawpaw on December 08, 2022, 03:05:30 PM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!

I actually know what the pain is when you miss the train. I first heard about Bitcoin in 2010. Back then I was too naive as I did not bothered to investigate about it and promptly dismissed it due to thinking it was all but a scam. That was a big mistake as later in 2013 I got in and it was late... I ended up missing some good deals to it.


Title: Re: Why I Disliked Bitcoin
Post by: m2017 on December 08, 2022, 03:17:13 PM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!

I actually know what the pain is when you miss the train. I first heard about Bitcoin in 2010. Back then I was too naive as I did not bothered to investigate about it and promptly dismissed it due to thinking it was all but a scam. That was a big mistake as later in 2013 I got in and it was late... I ended up missing some good deals to it.
Almost every person who is interested in the bitcoin must feel similarly about the missed opportunity to buy it in the distant past, when it was very cheap. Personally, I didn't consider bitcoin a scam, even when I knew nothing about this technology and this crypto coin, except for the name. At that time, I simply didn't understand what it was and therefore didn't see a future for this. That is why I kept putting off the opportunity to learn more about btc.


Title: Re: Why I Disliked Bitcoin
Post by: Ryu_Ar1 on December 08, 2022, 03:20:35 PM
This is almost the same as the case that I experienced because indeed in the previous few years I was also in a scope that did lead to rejection of bitcoin because I was in a bank environment at that time and prioritized fiat of course so I could be said to be anti-bitcoin.

But when I started to explore this matter and didn't just see it from one point of view it turned out that my view at that time was actually off the mark because I didn't really know that so my thoughts at that time were only negative things that were in bitcoin.
I'm new to bitcoin because indeed I learned from mid-2020 but in this case I don't really regret what I did because I still feel that it's never too late for this.


Title: Re: Why I Disliked Bitcoin
Post by: suzanne5223 on December 08, 2022, 03:40:28 PM
This is almost the same as the case that I experienced because indeed in the previous few years I was also in a scope that did lead to rejection of bitcoin because I was in a bank environment at that time and prioritized fiat of course so I could be said to be anti-bitcoin.

But when I started to explore this matter and didn't just see it from one point of view it turned out that my view at that time was actually off the mark because I didn't really know that so my thoughts at that time were only negative things that were in bitcoin.
I'm new to bitcoin because indeed I learned from mid-2020 but in this case I don't really regret what I did because I still feel that it's never too late for this.
Honestly, a lot of cryptocurrency enthusiasts you see day will have something 1 or 2 they wish they didn't do when they first hear about Bitcoin.
I heard about BTC in November 2009. I thought it was some of the shady things but I later join the crypto scheme through a scam altcoin which is dead now.
After starting my crypto journey the second mistake I made is Roi investment aka MMM Japan and leaving my BTC on the faucet site although those BTC were nothing then but it's worth something now.


Title: Re: Why I Disliked Bitcoin
Post by: Ryu_Ar1 on December 08, 2022, 04:41:29 PM
This is almost the same as the case that I experienced because indeed in the previous few years I was also in a scope that did lead to rejection of bitcoin because I was in a bank environment at that time and prioritized fiat of course so I could be said to be anti-bitcoin.

But when I started to explore this matter and didn't just see it from one point of view it turned out that my view at that time was actually off the mark because I didn't really know that so my thoughts at that time were only negative things that were in bitcoin.
I'm new to bitcoin because indeed I learned from mid-2020 but in this case I don't really regret what I did because I still feel that it's never too late for this.
Honestly, a lot of cryptocurrency enthusiasts you see day will have something 1 or 2 they wish they didn't do when they first hear about Bitcoin.
I heard about BTC in November 2009. I thought it was some of the shady things but I later join the crypto scheme through a scam altcoin which is dead now.
After starting my crypto journey the second mistake I made is Roi investment aka MMM Japan and leaving my BTC on the faucet site although those BTC were nothing then but it's worth something now.
You have been a lot longer and can be said to have followed from the beginning and it is certain that you will get a lot of experience from this. There are always bound to be some mistakes that are made and maybe almost everyone has felt this when they were here but indeed this was a good experience and of course this is something that can be useful for the future because we can sort out what is good and what is not for now .
So that in this case I can also conclude that people who don't like it sometimes are those who don't know about this which are only consumed by the news that exists about bitcoin and of course I am included in that basically but when I feel it and it's been little by little a little understanding of this will be something that is very contrary to the news that was skewed at first.


Title: Re: Why I Disliked Bitcoin
Post by: serjent05 on December 08, 2022, 05:17:27 PM
I actually know what the pain is when you miss the train. I first heard about Bitcoin in 2010. Back then I was too naive as I did not bothered to investigate about it and promptly dismissed it due to thinking it was all but a scam. That was a big mistake as later in 2013 I got in and it was late... I ended up missing some good deals to it.

There are indeed lots of fraudsters that took advantage of the lack of information of people on Bitcoin and lots are got scammed.  Those who distanced themselves from Bitcoin during the early years can't be blamed because the regulation at those times are vague and Bitcoin was infamous during those times as a tool for money laundering.  Luckily, Bitcoin had proven itself today, and it isn't too late to join the community of Bitcoin enthusiasts. 

I am glad I found Bitcoin way back in 2014, I never hesitated about BTC and now 100% of my online transaction is funded by, if not via, Bitcoin.


Title: Re: Why I Disliked Bitcoin
Post by: JohnBitCo on December 08, 2022, 07:55:59 PM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!

I actually know what the pain is when you miss the train. I first heard about Bitcoin in 2010. Back then I was too naive as I did not bothered to investigate about it and promptly dismissed it due to thinking it was all but a scam. That was a big mistake as later in 2013 I got in and it was late... I ended up missing some good deals to it.

Miss the train, not anymore.
Bitcoin was at 68,000$ last year but now it is trading at 17K. So even if anyone missed the previous rally, he or she can still invest in bitcoin.
There is no excuse for anyone now that he missed the train. Buy bitcoin now at 17K and you are still in business.  8)


Title: Re: Why I Disliked Bitcoin
Post by: CryptoHeadlineNews on December 08, 2022, 08:46:35 PM
I actually know what the pain is when you miss the train. I first heard about Bitcoin in 2010. Back then I was too naive as I did not bothered to investigate about it and promptly dismissed it due to thinking it was all but a scam. That was a big mistake as later in 2013 I got in and it was late... I ended up missing some good deals to it.
Wow!! I'm really amazed to hear what you just said Sir. Because if you who joined the Bitcoin journey far back in 2013, could be referring it as late, so what will people who joined in 2019 till date then say? Because to be frankly speaking, it's actually a privilege having you still active on the forum as a pioneer of Bitcoin & forum since 2013 till date (i.e 9years later). Because if only you had bought just $100 Worth of Bitcoin back then in June 2013, by today you would have been on a steady cashout of a whopping $17,000 (1 BTC)

https://i.ibb.co/xjWMs47/Screenshot-20221208-214015-1.jpg (https://ibb.co/hWbKMqm)



Title: Re: Why I Disliked Bitcoin
Post by: Lanatsa on December 08, 2022, 08:57:56 PM
I actually know what the pain is when you miss the train. I first heard about Bitcoin in 2010. Back then I was too naive as I did not bothered to investigate about it and promptly dismissed it due to thinking it was all but a scam. That was a big mistake as later in 2013 I got in and it was late... I ended up missing some good deals to it.
Wow!! I'm really amazed to hear what you just said Sir. Because if you who joined the Bitcoin journey far back in 2013, could be referring it as late, so what will people who joined in 2019 till date then say? Because to be frankly speaking, it's actually a privilege having you still active on the forum as a pioneer of Bitcoin & forum since 2013 till date (i.e 9years later). Because if only you had bought just $100 Worth of Bitcoin back then in June 2013, by today you would have been on a steady cashout of a whopping $17,000 (1 BTC)

Good for those who do able to held up for long but we know that all did really be able to do so and some of them did really be able to sell out on the time that it had increase its price for 100% or more.

Being pioneer doesnt really mean that they do always have that positive experience and some of them cant really be able to get out with that kind of deep inside regret that they should have got a good hold

with their coins. No one really knows on what would be the future looks like and this is where we do really miss out those golden opportunities and doesnt matter
if you are a pioneer or not since action results will really be depending on how you had able to make out such step.


Title: Re: Why I Disliked Bitcoin
Post by: Yatsan on December 08, 2022, 11:44:07 PM
I actually know what the pain is when you miss the train. I first heard about Bitcoin in 2010. Back then I was too naive as I did not bothered to investigate about it and promptly dismissed it due to thinking it was all but a scam. That was a big mistake as later in 2013 I got in and it was late... I ended up missing some good deals to it.
Wow!! I'm really amazed to hear what you just said Sir. Because if you who joined the Bitcoin journey far back in 2013, could be referring it as late, so what will people who joined in 2019 till date then say? Because to be frankly speaking, it's actually a privilege having you still active on the forum as a pioneer of Bitcoin & forum since 2013 till date (i.e 9years later). Because if only you had bought just $100 Worth of Bitcoin back then in June 2013, by today you would have been on a steady cashout of a whopping $17,000 (1 BTC)

Good for those who do able to held up for long but we know that all did really be able to do so and some of them did really be able to sell out on the time that it had increase its price for 100% or more.

Being pioneer doesnt really mean that they do always have that positive experience and some of them cant really be able to get out with that kind of deep inside regret that they should have got a good hold

with their coins. No one really knows on what would be the future looks like and this is where we do really miss out those golden opportunities and doesnt matter
if you are a pioneer or not since action results will really be depending on how you had able to make out such step.
Actually, being a pioneer should made someone aware of the advantages and disadvantages of something, perhaps bitcoin in this instance. Being too optimistic about a certain investment will never be advisable especially if the 'downside' is really obvious because gauging and measuring actions regarding investments would be affected. We don't need to gaslight this technology's flaws such as market price volatility, inaccessibility across majority of countries and more. On the other hand, we can make an advantage out of disadvantage such as with the volatility wherein it made cryptocurrencies profitable as an investment. Another thing is ATH breakage; if you're an old dude in this industry, you can create patterns inspite of inconsistencies.


Title: Re: Why I Disliked Bitcoin
Post by: mendace on December 09, 2022, 12:01:41 AM
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!

I understand your dilemma and maybe we all went through it a bit at the beginning because often what obscures us is the misinformation made by the mass media.  We get carried away by bad news and our mind is almost paralyzed because it can't see anything but the negative side of which they have shown us.  Fortunately for the more educated, those who like to dig and not stop in front of illusions, it happens that they suddenly understand what the real purpose of Bitcoin is and begin to see it from another point of view.  I like to think that I am finally free from the intermediary and not a slave to the financial model.


Title: Re: Why I Disliked Bitcoin
Post by: RAppleby on December 09, 2022, 07:37:53 AM
Some people still think that Bitcoin is a "Ponzi scheme", and some people still think that Bitcoin is a good investment method. This is entirely because everyone's thinking and the things they come into contact with are different. Some people learn about Bitcoin through some media publicity, while others learn about Bitcoin through introductions from friends and family. What they know about Bitcoin is one-sided, and the real concept of Bitcoin still needs to be understood by everyone. Even if it is me, I will not say that I fully understand Bitcoin. Blockchain technology is great and we need to keep learning.


Title: Re: Why I Disliked Bitcoin
Post by: llinazulrq on December 09, 2022, 08:22:25 AM
I learned about Bitcoin in 2021, but I didn’t choose to invest directly when I first learned about Bitcoin. Later, after understanding the advantages and characteristics of Bitcoin through the Internet, I became interested in Bitcoin and then invested, because I Saw his potential.


Title: Re: Why I Disliked Bitcoin
Post by: DanWalker on December 09, 2022, 08:29:23 AM

I'm new to bitcoin because indeed I learned from mid-2020 but in this case I don't really regret what I did because I still feel that it's never too late for this.

That's precisely what I think because regret doesn't bring us back to the past, but let's take that as a lesson and find a way to fix it, so we don't have to regret it in the future. Although the price of bitcoin is now many times higher than when we first learned about it, that does not mean that bitcoin will no longer rise, if we look further into the future, the bitcoin price will be much higher than it is now. So we should take advantage to hold, we can still have a promising future like early bitcoin holders.


Title: Re: Why I Disliked Bitcoin
Post by: Bernard74 on December 09, 2022, 08:57:20 AM
It is not too late to understand now, this is a good opportunity to buy Bitcoin, as long as you can understand the particularity of Bitcoin and hold it for a long time, it is not too late.


Title: Re: Why I Disliked Bitcoin
Post by: Dgtlone on December 09, 2022, 09:04:54 AM
Current news about technology, cryptocurrency, etc https://dgtlone.com/ (https://dgtlone.com/)


Title: Re: Why I Disliked Bitcoin
Post by: suzanne5223 on December 09, 2022, 01:59:03 PM
This is almost the same as the case that I experienced because indeed in the previous few years I was also in a scope that did lead to rejection of bitcoin because I was in a bank environment at that time and prioritized fiat of course so I could be said to be anti-bitcoin.

But when I started to explore this matter and didn't just see it from one point of view it turned out that my view at that time was actually off the mark because I didn't really know that so my thoughts at that time were only negative things that were in bitcoin.
I'm new to bitcoin because indeed I learned from mid-2020 but in this case I don't really regret what I did because I still feel that it's never too late for this.
Honestly, a lot of cryptocurrency enthusiasts you see day will have something 1 or 2 they wish they didn't do when they first hear about Bitcoin.
I heard about BTC in November 2009. I thought it was some of the shady things but I later join the crypto scheme through a scam altcoin which is dead now.
After starting my crypto journey the second mistake I made is Roi investment aka MMM Japan and leaving my BTC on the faucet site although those BTC were nothing then but it's worth something now.
You have been a lot longer and can be said to have followed from the beginning and it is certain that you will get a lot of experience from this. There are always bound to be some mistakes that are made and maybe almost everyone has felt this when they were here but indeed this was a good experience and of course this is something that can be useful for the future because we can sort out what is good and what is not for now .
So that in this case I can also conclude that people who don't like it sometimes are those who don't know about this which are only consumed by the news that exists about bitcoin and of course I am included in that basically but when I feel it and it's been little by little a little understanding of this will be something that is very contrary to the news that was skewed at first.
Yes, old mistake makes us learn some lessons which may be somehow useful for the future but it would have been better if does mistake didn't happen and this is how I feel every time I remember the story I explained above. Do you know how much my portfolio would have worth now?
This is the reason why I dont believe much in megative news until I do my own findings and confirm what people are saying is true.


Title: Re: Why I Disliked Bitcoin
Post by: CryptSafe on December 09, 2022, 05:14:43 PM
We all have our own stories and experience to share. Every single minute that passes comes with a new technology and innovation. These are like the daily happenings and events around us. We choose to upgrade or be left behind which I believe non of us would want to be left behind.

When I first heard of Bitcoin years past, I thought it was the normal gimmicks of scammers to steal funds but I never knew it was a different boiling game altogether. It was later on I realized it was genuinely but I was closely monitoring it to see how it goes because of the terrible experience I had then so because of that occurrence I became skeptical of online activities when it comes to funds and assets but at last I was free of those thoughts.


Title: Re: Why I Disliked Bitcoin
Post by: Lida93 on December 09, 2022, 07:54:23 PM
When a new thing comes on board there is always different thoughts and responses from different people especially for something that it is the first of it kind. Am sure you weren't the only person with such thought about it, many of us that have come to see the light about crypto did had our fair share of negative feeling somehow but today we are now making testimonials and engaging others that are still in the dark about cryptocurrency specifically bitcoin.

A beautiful lesson to learn here is that we shouldnt be in a hurry to judge a book and start breeding untrue ideas just by looking at the cover from afar. Cause the ideas we might breed might just be a delay to our opportunity of being exposed to something that would have changed our live even before it got viral but our fears and skepticism put us long in the tunnel.


Title: Re: Why I Disliked Bitcoin
Post by: Ryu_Ar1 on December 09, 2022, 11:03:15 PM

I'm new to bitcoin because indeed I learned from mid-2020 but in this case I don't really regret what I did because I still feel that it's never too late for this.

That's precisely what I think because regret doesn't bring us back to the past, but let's take that as a lesson and find a way to fix it, so we don't have to regret it in the future. Although the price of bitcoin is now many times higher than when we first learned about it, that does not mean that bitcoin will no longer rise, if we look further into the future, the bitcoin price will be much higher than it is now. So we should take advantage to hold, we can still have a promising future like early bitcoin holders.
My point in not regretting being there is when I was just here a year ago because I really thought nothing was too late even though the current price is indeed high but looking at ATH it is clear that this is still a discount so I don't really regret it even though I know bitcoin from mid-2020 .
As for what you said it's true, regrets don't take us back to the past but I don't regret at all both it was in the past when I stood with fiat and now in bitcoin because I think this is my experience and I will never regret what I do before because it is my choice. If I regret it, then I doubt myself and I never doubt myself no matter what happened, although indeed I can take a lot of lessons from this.


Title: Re: Why I Disliked Bitcoin
Post by: DanWalker on December 10, 2022, 01:40:18 PM

I'm new to bitcoin because indeed I learned from mid-2020 but in this case I don't really regret what I did because I still feel that it's never too late for this.

That's precisely what I think because regret doesn't bring us back to the past, but let's take that as a lesson and find a way to fix it, so we don't have to regret it in the future. Although the price of bitcoin is now many times higher than when we first learned about it, that does not mean that bitcoin will no longer rise, if we look further into the future, the bitcoin price will be much higher than it is now. So we should take advantage to hold, we can still have a promising future like early bitcoin holders.
My point in not regretting being there is when I was just here a year ago because I really thought nothing was too late even though the current price is indeed high but looking at ATH it is clear that this is still a discount so I don't really regret it even though I know bitcoin from mid-2020 .
As for what you said it's true, regrets don't take us back to the past but I don't regret at all both it was in the past when I stood with fiat and now in bitcoin because I think this is my experience and I will never regret what I do before because it is my choice. If I regret it, then I doubt myself and I never doubt myself no matter what happened, although indeed I can take a lot of lessons from this.

Well said, buddy. If we regret, we are doubting ourselves and not believing in what we have chosen. Many often lament that they missed an opportunity by not investing in bitcoin the first time they heard about it. Even if they had a chance to go back in time and know nothing about the future, they would never buy bitcoin, they regret it just because they already know the value of bitcoin today. And more than that, we have many other opportunities to seize, there is no reason to regret, and regret only makes our thinking obsolete.


Title: Re: Why I Disliked Bitcoin
Post by: ajiz138 on December 10, 2022, 02:15:10 PM
My point in not regretting being there is when I was just here a year ago because I really thought nothing was too late even though the current price is indeed high but looking at ATH it is clear that this is still a discount so I don't really regret it even though I know bitcoin from mid-2020 .
As for what you said it's true, regrets don't take us back to the past but I don't regret at all both it was in the past when I stood with fiat and now in bitcoin because I think this is my experience and I will never regret what I do before because it is my choice. If I regret it, then I doubt myself and I never doubt myself no matter what happened, although indeed I can take a lot of lessons from this.
There is no slow word as long as you are sure and believe in Bitcoin with long term prospects in that word you have strengthened yourself to stand in the scope of bitcoin then never regret even though starting from 2020 even I am sure many investors have come from now on to start investing in bitcoin.
What needs to be regretted is selling bitcoin ownership at a cheap price and can never last long term for sure it will be regretted later on, so it needs to be emphasized that we must be strong in holding bitcoin and also a plan that has matured as a good strategy.


Title: Re: Why I Disliked Bitcoin
Post by: xSkylarx on December 10, 2022, 02:42:42 PM

I'm new to bitcoin because indeed I learned from mid-2020 but in this case I don't really regret what I did because I still feel that it's never too late for this.

That's precisely what I think because regret doesn't bring us back to the past, but let's take that as a lesson and find a way to fix it, so we don't have to regret it in the future. Although the price of bitcoin is now many times higher than when we first learned about it, that does not mean that bitcoin will no longer rise, if we look further into the future, the bitcoin price will be much higher than it is now. So we should take advantage to hold, we can still have a promising future like early bitcoin holders.
My point in not regretting being there is when I was just here a year ago because I really thought nothing was too late even though the current price is indeed high but looking at ATH it is clear that this is still a discount so I don't really regret it even though I know bitcoin from mid-2020 .
As for what you said it's true, regrets don't take us back to the past but I don't regret at all both it was in the past when I stood with fiat and now in bitcoin because I think this is my experience and I will never regret what I do before because it is my choice. If I regret it, then I doubt myself and I never doubt myself no matter what happened, although indeed I can take a lot of lessons from this.

Well said, buddy. If we regret, we are doubting ourselves and not believing in what we have chosen. Many often lament that they missed an opportunity by not investing in bitcoin the first time they heard about it. Even if they had a chance to go back in time and know nothing about the future, they would never buy bitcoin, they regret it just because they already know the value of bitcoin today. And more than that, we have many other opportunities to seize, there is no reason to regret, and regret only makes our thinking obsolete.

It is better to be late than never, regardless of the price right now, this is an opportunity for us to try to take (others aren't because they are scared because they don't have any knowledge). You are also not the only one who just registered to be a bitcoiner lol a lot of people joined when it hit multiple ATH and I am sure a lot of them lost some money, while others stayed or left. When we look back at previous years, some people will say you were late, but when we look at the price right now, you will still make a profit, so whether you join now or later, I'm sure you'll make a profit.


Title: Re: Why I Disliked Bitcoin
Post by: Party24*7 on December 10, 2022, 04:01:22 PM

It is better to be late than never,

I won't call us late, if given the choice to invest in bitcoin in 2012 and invest in bitcoin in 2020 or from now, I would choose to invest from now on. Because in 2012 bitcoin is still a risky thing with no future and that's why many people don't want to invest. But from 2020 to now, bitcoin price is higher but much safer and the chance of bitcoin price increase is still huge. The $1 million goal for bitcoin isn't too bad.


Title: Re: Why I Disliked Bitcoin
Post by: Ryu_Ar1 on December 10, 2022, 07:25:13 PM
My point in not regretting being there is when I was just here a year ago because I really thought nothing was too late even though the current price is indeed high but looking at ATH it is clear that this is still a discount so I don't really regret it even though I know bitcoin from mid-2020 .
As for what you said it's true, regrets don't take us back to the past but I don't regret at all both it was in the past when I stood with fiat and now in bitcoin because I think this is my experience and I will never regret what I do before because it is my choice. If I regret it, then I doubt myself and I never doubt myself no matter what happened, although indeed I can take a lot of lessons from this.

Well said, buddy. If we regret, we are doubting ourselves and not believing in what we have chosen. Many often lament that they missed an opportunity by not investing in bitcoin the first time they heard about it. Even if they had a chance to go back in time and know nothing about the future, they would never buy bitcoin, they regret it just because they already know the value of bitcoin today. And more than that, we have many other opportunities to seize, there is no reason to regret, and regret only makes our thinking obsolete.
This is the point, because indeed when we only regret the decisions we made in the past it will only be in vain because we really can't repeat these things. time goes on and we can't change what has happened so why regret what has happened because in my opinion this will only make us look like failures and I don't want to say I failed so instead of regretting it it's better to improve myself from past experiences what happened. we still have to live facing forward instead of continuing to spin into the past it is better to plan for the future better.

There is no slow word as long as you are sure and believe in Bitcoin with long term prospects in that word you have strengthened yourself to stand in the scope of bitcoin then never regret even though starting from 2020 even I am sure many investors have come from now on to start investing in bitcoin.
What needs to be regretted is selling bitcoin ownership at a cheap price and can never last long term for sure it will be regretted later on, so it needs to be emphasized that we must be strong in holding bitcoin and also a plan that has matured as a good strategy.
I underlined your last sentence because I think it's the right thing to do now.
I was once at a point where I thought that my choice was also a bit inaccurate, so I decided to sell the portfolio that I had, but when I thought about it further, it turned out that my concept was a little wrong about investing because I only saw it from a profit standpoint, even though if you look closely at the word "investment" "Obviously it takes time so I can't just have more money right away but this kind of thing seems to be not only for me because I also often see that several other beginners also think about it so this can be a consideration for other people like when we want to sell and leave bitcoin, so first pay attention to what you want here because this is not an instant place to find wealth because everything takes time and process.


Title: Re: Why I Disliked Bitcoin
Post by: ajiz138 on December 10, 2022, 08:01:40 PM
There is no slow word as long as you are sure and believe in Bitcoin with long term prospects in that word you have strengthened yourself to stand in the scope of bitcoin then never regret even though starting from 2020 even I am sure many investors have come from now on to start investing in bitcoin.
What needs to be regretted is selling bitcoin ownership at a cheap price and can never last long term for sure it will be regretted later on, so it needs to be emphasized that we must be strong in holding bitcoin and also a plan that has matured as a good strategy.
I underlined your last sentence because I think it's the right thing to do now.
I was once at a point where I thought that my choice was also a bit inaccurate, so I decided to sell the portfolio that I had, but when I thought about it further, it turned out that my concept was a little wrong about investing because I only saw it from a profit standpoint, even though if you look closely at the word "investment" "Obviously it takes time so I can't just have more money right away but this kind of thing seems to be not only for me because I also often see that several other beginners also think about it so this can be a consideration for other people like when we want to sell and leave bitcoin, so first pay attention to what you want here because this is not an instant place to find wealth because everything takes time and process.
Sometimes, in this case, it's not only you who always think about it, but many other beginners who think that sometimes Crypto is always seen from a profit perspective and always sees other people that Crypto is a tool to make people instantly rich.
Even though this is a mistake that actually needs to be straightened out. Crypto can make people rich, maybe it's true, but on the other hand, we need a process for that and it doesn't mean that people in this circle are immediately rich.
It needs real learning about this, it needs broader thinking because indeed this is not just entering this environment and getting rich instantly. the problem is that sometimes many don't see that and just want to feel the good things without seeing the worst possibility that could happen.


Title: Re: Why I Disliked Bitcoin
Post by: imamusma on December 10, 2022, 08:56:18 PM
Sometimes, in this case, it's not only you who always think about it, but many other beginners who think that sometimes Crypto is always seen from a profit perspective and always sees other people that Crypto is a tool to make people instantly rich.
Even though this is a mistake that actually needs to be straightened out. Crypto can make people rich, maybe it's true, but on the other hand, we need a process for that and it doesn't mean that people in this circle are immediately rich.
Yes, there has always been an assumption that crypto is the fastest way to get rich. I don't think this assumption is entirely wrong, but it probably wouldn't be right for investors to end up investing in shitcoin. I agree that investing in bitcoin will be more profitable than investing in gold, but of course they take time.

I'd say everyone wants to be rich once they invest, and crypto has bridged that hope on some investors. But I think that wanting to get rich overnight is a mistake because investing is not gambling. Patience and proper asset selection will give them a good hope, so getting rich on crypto investments is a possibility.


Title: Re: Why I Disliked Bitcoin
Post by: S A KHAIR on December 10, 2022, 10:39:04 PM
The worst error I ever made in my life was ignoring bitcoin when I first learned about it in 2010, which was my biggest mistake. Because I believe physical business can be controlled every day, I was quite occupied with what I called physical business (pig farming). Actually, it's not really my fault; it was a result of a few unreliable online platforms that I was first introduced to. But all praise be to the creator, for here I am now, deeply involved with bitcoin, and about to make a fortune.
Long life Bitcoin


I believe a lot of people make the same mistake as you and I am one of them, I know bitcoin 2014 but it wasn't until 2017 that I really invested in bitcoin but I have never felt any regret. Because I see the price of bitcoin is still very cheap and the opportunity is still very much for us. If you really believe in bitcoin and learn about it carefully you will see that the future of bitcoin is extremely potential, the price of bitcoin will not only stop at 100k or 500k but also much higher if bitcoin is found by everyone.


Title: Re: Why I Disliked Bitcoin
Post by: ajiz138 on December 11, 2022, 05:03:43 PM
Sometimes, in this case, it's not only you who always think about it, but many other beginners who think that sometimes Crypto is always seen from a profit perspective and always sees other people that Crypto is a tool to make people instantly rich.
Even though this is a mistake that actually needs to be straightened out. Crypto can make people rich, maybe it's true, but on the other hand, we need a process for that and it doesn't mean that people in this circle are immediately rich.
Yes, there has always been an assumption that crypto is the fastest way to get rich. I don't think this assumption is entirely wrong, but it probably wouldn't be right for investors to end up investing in shitcoin. I agree that investing in bitcoin will be more profitable than investing in gold, but of course they take time.

I'd say everyone wants to be rich once they invest, and crypto has bridged that hope on some investors. But I think that wanting to get rich overnight is a mistake because investing is not gambling. Patience and proper asset selection will give them a good hope, so getting rich on crypto investments is a possibility.
In this case I am not saying that it is wrong because indeed many people have obtained some very good things from Crypto and I myself believe in that because I have felt that even though I am still not rich I can say that my life is fulfilled because I am in Crypto.
But the problem is that beginners' thinking is actually too easy on this which makes them go the wrong way in the end. This is what I emphasize. The mindset needs to be fixed because it doesn't mean being here is immediately successful because there has to be a real struggle for us to get to the point where we feel that crypto is the right place for us.


Title: Re: Why I Disliked Bitcoin
Post by: BRINIRHA on December 11, 2022, 06:30:02 PM
The worst error I ever made in my life was ignoring bitcoin when I first learned about it in 2010, which was my biggest mistake. Because I believe physical business can be controlled every day, I was quite occupied with what I called physical business (pig farming). Actually, it's not really my fault; it was a result of a few unreliable online platforms that I was first introduced to. But all praise be to the creator, for here I am now, deeply involved with bitcoin, and about to make a fortune.
Long life Bitcoin


I believe a lot of people make the same mistake as you and I am one of them, I know bitcoin 2014 but it wasn't until 2017 that I really invested in bitcoin but I have never felt any regret. Because I see the price of bitcoin is still very cheap and the opportunity is still very much for us. If you really believe in bitcoin and learn about it carefully you will see that the future of bitcoin is extremely potential, the price of bitcoin will not only stop at 100k or 500k but also much higher if bitcoin is found by everyone.
it is very pleasant to read all of your experiences. because maybe it will be a little motivation for me. I never studied bitcoin in the past. but maybe you often see advertisements or banners on websites/blogs that have the bitcoin logo. whether it's a game or gambling site. But I've always ignored it. this year I just started. because it turns out that the price of bitcoin now is actually fantastic. even though the adoption of bitcoin is still small compared to the total number of people on earth. so I'm interested in investing into it at the moment. because I believe that one day bitcoin will be almost evenly used by almost everyone. and when that happens then maybe prices below $ 100k will not be found again. unless there really is big news that destroys the world economy or the death of the internet. I also believe bitcoin has a better future in the next halving.


Title: Re: Why I Disliked Bitcoin
Post by: so98nn on December 11, 2022, 08:22:15 PM
In my country adoption is so high that government is now trying to impose 30% flat taxes on it so that users either can’t use it all or may be they want big share from the pie. In anyway, that makes sense how bitcoin is highly demanded in my country. Unlike you I have not started using bitcoin at 95% daily basis because of the fact that I need to pay 30% taxes but I have started saving money into bitcoin instead. This will ensure that I am in crypto sphere all the time and when time comes in the future I will be able to trade it freely. That’s the point here. If anyone’s lagging behind then now is the time to upgrade to bitcoin.


Title: Re: Why I Disliked Bitcoin
Post by: TommieSang on December 12, 2022, 06:40:20 AM
What I like about Bitcoin is that it's free from government regulation and I can put my property in the countries I need it in. But now that regulation is getting tougher, accounts can easily be frozen. It's a point of conflict.