Today's investors do not care about Bitcoin

[countryfree]

We shall not hide from the difficulties. The blockchain will be 100 go before the end of winter, but nobody cares about that.

BTC has problems. Scalability's being the biggest one. I remember Mike Hearn saying that BTC has failed, a year ago. We may not like him, but the problems he talked about were real, and still aren't solved. Far from it. SegWit looked like a promising solution, but after 6 weeks, it has less than 30% support, with barely 4% gained in the last 30 days. At this rate, it will take years for SegWit to pass. Is there a plan B?

Cautious investors like me are waiting for a clearer future before buying anymore BTC, but to my great surprise, BTC keeps on going up and up. So I have the feeling that the people from China or India (or other places) who are pushing up the price just don't care about BTC. They just want to escape their country's regulations, or failing currency, and that's not good.

I got in the BTC bandwagon because I believed in a decentralized government-free currency, but those newcomers just got in because they saw an opportunity for fleeing. They might flee again fast if somehow they lose confidence in BTC.

As a rule of thumb, slow, stable growth is always better to sudden quick changes.

[aso118]

Cautious investors like me are waiting for a clearer future before buying anymore BTC, but to my great surprise, BTC keeps on going up and up. So I have the feeling that the people from China or India (or other places) who are pushing up the price just don't care about BTC. They just want to escape their country's regulations, or failing currency, and that's not good.

People from China or India snapping up bitcoins is proof of its utility. It shows the rest of the world the perils of fiat, if the government decides to move in the wrong direction.Today's investors may not be passionate about Bitcoin; they are the practical ones.

[Lauren Smith]

Today's investors do not care about bitcoin ? What investors are these ? Monopoly money investors ? Please show me a better investment than bitcoin and I will show you a liar. If someone is ignorant over bitcoin then maybe they not really investor material. I mean if you unable to know a good thing when you see it then you probably have no business investing anyway. What you wanna buy gold ? Lol yea...

[GenTarkin]

countryfree: the funny thing is .... even with all these "scalability problems" ... bitcoin continues to function perfectly fine, as long as you know what you're doing or you're patient when it comes to transaction / confirmation times.

Also, its a damn good thing segwit has so little support ... the last thing we need is btc being undermined by people who want to centrally control it. FUCK THEM!

[BitcoinBarrel]

Been using Bitcoin every day since 2013, no complaints! It's a very practical peer-2-peer transfer of value.

Traditional investors are always cautious of "digital assets" but such new innovations don't come around often!

[dearbesz1219]

Been using Bitcoin every day since 2013, no complaints! It's a very practical peer-2-peer transfer of value.

Traditional investors are always cautious of "digital assets" but such new innovations don't come around often!

I do agreed with pal, perhaps in the people who do not care about in bitcoin these are the people who are totally blinded in the concepts that bitcoin has. All they know is their investment will surely get interest into it. But in the main purpose of bitcoin in the community they don't care really care about it, it is just for them its all about money only.

[Laviathon]

The core is well over 100 GB already which i think is what you were trying to say in the beginning.  Why is it that you think investors don't want to diversify into bitcoin?

[Kakmakr]

OP, place yourself in the shoes of the people you are talking about, and be honest in your answer. Given the situation that they are under now, and if you were in their shoes, would you not do the same? Would you care about the technology, if your wealth were in danger?

Let's swap hats and see if we can really blame them for everything. ^hmmmm^

A true investor would capitalize on this situation, and take the opportunity to make some profits whilst the markets are in turmoil.

[countryfree]

OP, place yourself in the shoes of the people you are talking about, and be honest in your answer. Given the situation that they are under now, and if you were in their shoes, would you not do the same? Would you care about the technology, if your wealth were in danger?

Let's swap hats and see if we can really blame them for everything. ^hmmmm^

A true investor would capitalize on this situation, and take the opportunity to make some profits whilst the markets are in turmoil.

Good point! I guess I could have done the same thing, but this is no investment, nor any sign of support towards BTC.

I make the difference between investor and speculator. I'm an investor, which means I'm checking BTC's price once or twice a month. I'm playing long term, with no plan to sell my BTC this decade (except for small expenses like on Fiverr).

[Shady]

In my start I was looking at Bitcoin as an investment, but never started with it because I wanted to learn the stock market first.

To be honest either one I got into would've paid off tremendously, even choosing stocks my asset value increases like current daily BTC gains without the fall or scare.

Just worry about the econom and amount in circulation as most days, even with alternative cryptocurrencies yield tremendous gains.

[aso118]

countryfree: the funny thing is .... even with all these "scalability problems" ... bitcoin continues to function perfectly fine, as long as you know what you're doing or you're patient when it comes to transaction / confirmation times.

Also, its a damn good thing segwit has so little support ... the last thing we need is btc being undermined by people who want to centrally control it. FUCK THEM!

The point is not whether Bitcoin is "functional". The scalability problems have resulted in BTC not being able to reach its full potential. That in turn is holding back its adoption, and in turn its price.

[franky1]

people have been spun the doomsday of data bloat.
seriously, they have been misguided by fake stories of gigabytes a day and terrabytes a month.. which even with dynamic scaling proposed last year and this year wont ever get to that scale, in any time anyone needs to worry about

so here it is the last 8 years worth of data
yep thats right 8 years of international financial transactions, fitting on the same size as a fingernail.


the reason why the real world doesnt care about 100gb is simple. you dont see people crying over the data needed to run Call of Duty games or a true blue ray boxset download yet millions of people play /watch that stuff all the time.

[cchub]

In fact, it all depends on market expectations. Maybe the average expectation is upon a resolution of all questions, with an "X" probability. If it proves right, bitcoin price may surge much more, to some thousands of dollars. If it proves wrong, then it might go back the $200 and below, as better alternatives (other cryptocurrencies) emerge. The scenario here is very uncertain.

[n0ne]

All investors of bitcoin haven't faced loss than profit. From the days several issues have got raised on scalability, but to overcome it updation were done. But that too won't give the output in a short period, if its a failure then it could have been down from the days when Mike Hearn revealed about it.

[fuathan]

Sudden quick rises always scare me... They always see sudden collapses...

[calkob]

We shall not hide from the difficulties. The blockchain will be 100 go before the end of winter, but nobody cares about that.

BTC has problems. Scalability's being the biggest one. I remember Mike Hearn saying that BTC has failed, a year ago. We may not like him, but the problems he talked about were real, and still aren't solved. Far from it. SegWit looked like a promising solution, but after 6 weeks, it has less than 30% support, with barely 4% gained in the last 30 days. At this rate, it will take years for SegWit to pass. Is there a plan B?

Cautious investors like me are waiting for a clearer future before buying anymore BTC, but to my great surprise, BTC keeps on going up and up. So I have the feeling that the people from China or India (or other places) who are pushing up the price just don't care about BTC. They just want to escape their country's regulations, or failing currency, and that's not good.

I got in the BTC bandwagon because I believed in a decentralized government-free currency, but those newcomers just got in because they saw an opportunity for fleeing. They might flee again fast if somehow they lose confidence in BTC.

As a rule of thumb, slow, stable growth is always better to sudden quick changes.

Why do you care if people care about bitcoin or not, Bitcoin does not care if we care or not !  it either works or it dosnt.  If bitcoin needs us to care about it then we might as well scrap this shit idea now and move on.  The fact is it does not need us to care wither it works or not, it needs us to use it and help improve it so that it can be more robust.

[digaran]

In fact, it all depends on market expectations. Maybe the average expectation is upon a resolution of all questions, with an "X" probability. If it proves right, bitcoin price may surge much more, to some thousands of dollars. If it proves wrong, then it might go back the $200 and below, as better alternatives (other cryptocurrencies) emerge. The scenario here is very uncertain.

Other cryptocurrencies such as? where is this back to $200 comes from that I keep seeing today? bitcoin should care about people and investors not the other way, but to this date it has because if it didn't then we wouldn't be here bitcoin is doing so many things for us but there are many people only focusing on their own gains and never cared what happens in the long run, I wouldn't lose faith in bitcoin if it drops not as  long as profit can be made from mining and running nodes since without them there will be no bitcoin.

[juras54]

We shall not hide from the difficulties. The blockchain will be 100 go before the end of winter, but nobody cares about that.

BTC has problems. Scalability's being the biggest one. I remember Mike Hearn saying that BTC has failed, a year ago. We may not like him, but the problems he talked about were real, and still aren't solved. Far from it. SegWit looked like a promising solution, but after 6 weeks, it has less than 30% support, with barely 4% gained in the last 30 days. At this rate, it will take years for SegWit to pass. Is there a plan B?

Cautious investors like me are waiting for a clearer future before buying anymore BTC, but to my great surprise, BTC keeps on going up and up. So I have the feeling that the people from China or India (or other places) who are pushing up the price just don't care about BTC. They just want to escape their country's regulations, or failing currency, and that's not good.

I got in the BTC bandwagon because I believed in a decentralized government-free currency, but those newcomers just got in because they saw an opportunity for fleeing. They might flee again fast if somehow they lose confidence in BTC.

As a rule of thumb, slow, stable growth is always better to sudden quick changes.

you want to buy Bitcoin with Segvit and Lightningnetwork and with a clear future, and at this price? this will not happen, and when everything is clear and well-well, then you will buy at least 3000$ for Bitcoin

[Kayak gigantic]

We shall not hide from the difficulties. The blockchain will be 100 go before the end of winter, but nobody cares about that.

BTC has problems. Scalability's being the biggest one. I remember Mike Hearn saying that BTC has failed, a year ago. We may not like him, but the problems he talked about were real, and still aren't solved. Far from it. SegWit looked like a promising solution, but after 6 weeks, it has less than 30% support, with barely 4% gained in the last 30 days. At this rate, it will take years for SegWit to pass. Is there a plan B?

Cautious investors like me are waiting for a clearer future before buying anymore BTC, but to my great surprise, BTC keeps on going up and up. So I have the feeling that the people from China or India (or other places) who are pushing up the price just don't care about BTC. They just want to escape their country's regulations, or failing currency, and that's not good.

I got in the BTC bandwagon because I believed in a decentralized government-free currency, but those newcomers just got in because they saw an opportunity for fleeing. They might flee again fast if somehow they lose confidence in BTC.

As a rule of thumb, slow, stable growth is always better to sudden quick changes.

Bitcoin is perfect now shut the fuck up and lock your stupid thread!

[CraigWrightBTC]

We shall not hide from the difficulties. The blockchain will be 100 go before the end of winter, but nobody cares about that.

BTC has problems. Scalability's being the biggest one. I remember Mike Hearn saying that BTC has failed, a year ago. We may not like him, but the problems he talked about were real, and still aren't solved. Far from it. SegWit looked like a promising solution, but after 6 weeks, it has less than 30% support, with barely 4% gained in the last 30 days. At this rate, it will take years for SegWit to pass. Is there a plan B?

Because of bitcoins has problem about difficulties, scalability's being the biggest one, doesn't mean the investors do not care about that or don't know about that, actually the investors are speculator.
They know about investing into bitcoin, the risk and beneficial of that. Mostly of investors just are looking for profit, they are not developers of bitcoins.