Why Gavin and Evoorhees May Be Giving Wrong Advice

[jimbobway]

Gavin and Evoorhees are trying to please everyone by attempting to put everyone's thoughts on cruise control, while almost everyone else is either hitting on the accelerator or slamming on the brakes.

[vokain]

i like that

[WikileaksDude]

You didn't answer to your own title..

Again, tell me why Gavin and Evoorhees are wrong?

What dirty work are you talking about?

[wopwop]

they say that because they know bitcoin has some unpopular flaws and dont want to be blamed for it later

[wormbog]

They want people to focus on bitcoin's potential world-changing properties rather than being blinded (and potentially disillusioned) by its exchange rate.

[smoothie]

To each his own. Had they told people TO invest into bitcoin they would be in a bigger pile of shit.

They haven't done anything wrong in this regard.

OP is just butthurt because he listened to them and is thinking "I should have put more money into bitcoin when it was $20"....lol

[Killdozer]

They are just attempting to be guy that tries to be always politically correct

Not that this really has anything to do with politics, but I think I understand what you mean.
And this is EXACTLY the point of view that bitcoin developers and people involved in creating future for bitcoin should have. I would have serious concerns about this project if the lead people in it would spread unconfirmed rumors and try to turn people into any side of the discussion without any serious confirmations.

[TalkingAntColony]

Hindsight is 20/20. How mad do you think people would be if they said to invest heavily in Bitcoin and then the price dropped? Their goal is to see the success of Bitcoin from a technical and community standpoint, not make people money (or protect people from losing money). Why people in this forum feel any sort of entitlement from the devs is beyond me. Anyone can start contributing code to the main client, and given enough time, could be considered a "core dev" like Gavin and others. Do you hire programmers as your financial advisors? If so, then go ahead and listen to the financial advice of the core devs. Otherwise, STFU.

[Gordonium]

WARNING! WARNING!

Only invest time or money into USD or Euro that you can afford to lose.

[jimbobway]

You didn't answer to your own title..

Again, tell me why Gavin and Evoorhees are wrong?

What dirty work are you talking about?

I want Evoorhees and Gavin to admit that bitcoin will not go to zero.

As for dirty work it is self explanatory.

[Chris Acheson]

Why are people not angry at Gavin for telling people to only invest their money they are willing to lose at $35-$40?

Why would anyone be angry at them for that? It's sound advice for any investment.

[jimbobway]

Why are people not angry at Gavin for telling people to only invest their money they are willing to lose at $35-$40?

Why would anyone be angry at them for that? It's sound advice for any investment.

I think my breaking point was when he spoke of speculators chasing squirrels.

[NABiT]

It was quite a funny movie though - http://youtu.be/xrAIGLkSMls

[jimbobway]

I really am trying to be more polite on the internet. But seriously dude, you are making it hard. Take a deep breath, and act like a fucking adult. They were being responsible. If you want to find awesome great investments before they explode upwards, then you gotta do your own dirty work.

Bitcoin could explode tomorrow and everyone would be SOL. So it is a damn good idea to only invest what you can afford to lose.

Ok, I've changed the title to be nicer, but for the most part most of my messages were adult like.

[Elwar]

You didn't answer to your own title..

Again, tell me why Gavin and Evoorhees are wrong?

What dirty work are you talking about?

I want Evoorhees and Gavin to admit that bitcoin will not go to zero.

As for dirty work it is self explanatory.

I believe they have several times back when the price was dropping to $2 and everyone was giving up on it.

Something like...as long as someone is willing to mine bitcoins, it will keep going.

[sedeki]

Obviously Gavin et al can be identified and obviously have a big responsibility within the Bitcoin community.
They are just covering their asses in case something goes wrong, which you know, has happened before...

[evolve]

Gavin said, "Only invest time or money into Bitcoin that you can afford to lose"

Uhh, that's pretty sound investment advice.

I want Evoorhees and Gavin to admit that bitcoin will not go to zero.

It can (and on a long enough time scale, will) go to zero.

I'm not saying that one should lie about bitcoin, but one should explain bitcoin in all of its glory about how it can change the world.  

You should probably calm down, BTC is an internet currency, not a religion.

[matt608]

I'm not saying that one should lie about bitcoin, but one should explain bitcoin in all of its glory about how it can change the world.  

Yes one should if one feels like it, but one should do so while remembering that one isn't actually spreading the good news because of the goodness of their heart, but because of their desire to more money, or at least there's a mixture of the two reasons.  

[wtfvanity]

...I think when it comes to speculation Gavin and Evoorhees should stay quite and keep to themselves....

Quiet.

[buddhacoiner]

sorry, but I think Voorhees has some very rational, level-headed advice.  for sure he believes bitcoin is going to go astronomical, and he is devoting all his efforts in support of this belief.  but he's also correct in the belief that it could easily falter.  in the short term