So for years now there's this running joke, that you can spy an MSM Bitcoin 'hit piece' article by either 1) the left compliment title, or 2) by the negative note left by the very last paragraph or the last line. If the headline doesn't turn Average Joe off completely, then the author must always end the article on a negative note to make sure and sway Average Joe away from Bitcoin.

Here's a typical one:

Bitcoin is more valuable than gold — but nowhere near as stable
http://www.businessinsider.com/bitcoin-price-surges-past-gold-chart-2017-8

I'll quote the very last paragraph:


I beg you, find me one that breaks this format pattern and prove me wrong!  

jbreher, I always knew you were just a troll account. But now you've proven that you are not even that good of one.

sigh.... welcome to /ignore

At 25% it'd be even ruder. Do I hear 30%?


Oh I'm sorry, you're right. I meant to say ButtCash.

Bitcoin Core? I guess that's yet another new fork like BCash? Because we don't what that refers to here.


Thanks mom. As an American I'm not at all familiar with the tax laws here. /s

If someone gives a merchant bitcoin in exchange for goods or services, and then the merchant cashes that bitcoin out for fiat directly to his bank account, then who is doing the "spending"? Hmmm?

Hence the reason she is always smiling in photos. Although her daughter has passed the age of 7 now, so pretty soon she'll file for divorce and take half his shit.

Do you think that if you traded your BCH for BTC... and your BTC would appreciate more each year than the interest on your loan.... ?

Some rhetoric in there.

FTFY  It's like free money from heaven. Thanks, Roger

Some of you younger guys really need to stop peeing your wittle panties over this whole BCH fork and SegWit2x thing.

It's really unbecoming of a true Bitcoin hodler and believer.  

Yes, but this is a fallacy.

Bitcoin forks can be created by anyone, at any time. Trying to change rules to appease some vocal subset wouldn't stop or block such ability. In fact it is a feature by design. There is no "avoiding it" and there's no one that Bitcoin should have to appease or answer to except for the majority of it users, and to implement/include things that insure it's own long term survival. The existing attributes and rules do just that. They can also be tweaked as time goes on.

Miners will continue to mine and secure the network as long as there is economic incentive to do so and as long as sufficient demand extends them a profit, i.e., end users are still buying it and using it daily. Otherwise, vocal miners don't need to be "appeased" and certainly not under any kind of threats or hostile strong arming.

Just look at the oil commodity sector. You don't see major oil drillers going "Look, you [OPEC] raise the price of oil back to > $100/barrel, or we will shut down all our drilling rigs and walk off the jobs tomorrow!!!" They will continue to drill oil as long as there is enough demand they make a profit, or until they go bankrupt.

Infofront, I like you and always value your input, but I'm not sure where to start with that comment.

Nothing should be altered to the Bitcoin protocol just to appease a vocal subset of end users that compromises/sacrifices the totality of the Bitcoin network's technical aspects, including it's future scalability, it's decentralization, or it's security. Absolutely nothing.

Also a division is not a deep division if it's like 90/10. Or even 80/20. The minority outlier is irrelevant, and if the don't like it they can always move over to another cryptocurrency that suits them.

Proof or go home.

I highly doubt it, they are known liars, cowards, and are bluffing. If they did I'd be so full of glee.

Have you guys completely forgotten that Bitcoin needs end users to actually buy the bitcoin? BCH miners can't just wash trade to each other forever or they will lose money. A true market takes USERS.  Remember?

You can't be serious. Are you shitting me? You really didn't see this coming? Man, we need to talk podyx...

Yeah, notice that whenever someone makes some gains, the immediately reply from a friend/family/co-worker is always "SELL!" or "DIVERSIFY!!" or "BUY STUFF!" It's all part of that brainwashing from birth that the state does.

Thank the godz I didn't listen to my (former) accountant. He told me to stay away from bitcoin entirely. Then he backpedaled and said that if I "get lucky" and make some gains, to immediately sell everything.

This is why the little guy never gets ahead in life, because they are constantly being told to stay away from risk or opportunity. If I had listened to his stupid sage advice, I wouldn't be on the edge of early retirement right now. I'd just have some small amount of fiat. Or "stuff".

If you are really that worried, put 10-20% fiat on the sidelines, and if bitcoin crashes, buy it up at a supreme discount.

Not for long though, so get one while you can. The deep state's long term plan is to eventually have all of the U.S. housing sector to look like Europe's: a bunch of really expensive, unaffordable 1-bedroom shoeboxes stacked on top of one another with no land that you actually own underneath.

Which is why they love so much rampant immigration, especially into the metro areas, because they know that the incoming residents will be good with it since they are already accustomed to such meager living conditions.

Diversifying a little bit into some other deflationary hard assets might not be a bad thing along the way. But what most people don't understand is that holding out for longer can reap enormous upside for bitcoin, so diversifying too soon can feel like a big mistake.

For example, why convert 20 bitcoins for a $86K piece of property now, when you might be able to do that for as little as 2 bitcoins just 5 years from now? Five years from now that property is not going to cost much more, if any more. Of course no one knows the future of the market, but the upside potential with bitcoin is unbelievable. Holding out on diversifying reaps crazy rewards.

I'm hopeful for this as well. But for many Bitcoiners I see talking about their future, I'm not so convinced.

Going back to the brainwashing thing, I should mention that it is so powerful and insidious that in the U.S., millions of people play the lotto every week just for a tiny chance of striking it rich.

But if you go back and interview U.S. lotto winners (people who won $Ms) years after they won, statistically you find out that 98% of them blew every single dollar on "stuff" and are now completely bankrupt. That's how powerful the brainwashing is at birth, that these people just cannot help but buy buy buy all the crap that "society" said will make them happy.

We have this mindset everywhere implanted within our sheeple, too. It's indoctrinated, brainwashed into them since birth by the state, and reinforced as they grow up through life. They see it in media, magazines, in entertainment, through social media. Through their friends, colleagues, family. The idea that "stuff" is the only thing that is going to make you happy in life, and at every single chance, you should look to acquire more of it. If you don't, you are falling behind compared to everyone around you.

Because the state knows that 70% of the entire U.S. GDP is all consumption of stuff.  If consumption stops, the U.S. economy completely collapses. So they need you to buy buy buy crap, esp. crap you don't really need. God forbid that you stop buying crap, and actually try to save for the future. Oh no, the state doesn't want that. Can't have that. They want you to just consume stuff your entire miserable life, and die as you came into this world: with nothing. No estate or generational wealth for you.

Well, unless you are the 1% that is. For them the "consumption" rules and pressure don't really apply.

And ya know if like, Craig Wright would put down the mic and stop ranting and raving for a sec, he could grab his backpack and his Crocodile Dundee hat, hop a camel, ride out into the African desert tundra, sell some of his fancy smancy $20k mining rigs to finance setting up some low cost Bitcoin Cash satellite receivers for the unbanked and underbanked. Then come back, partner with a few sat companies, set up some uplink stations, start broadcasting the Bitcoin Cash blockchain, and voila!
Competition!

^{(yeah like that will ever happen. lazy blowhards can't be bothered, they'd rather bitch and whine.)}