Bitcoin Forum
May 12, 2024, 05:27:58 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 »  All
  Print  
Author Topic: Today's investors do not care about Bitcoin  (Read 2269 times)
Xester
Hero Member
*****
Offline Offline

Activity: 994
Merit: 544



View Profile
January 06, 2017, 01:20:53 PM
 #21

That is a given fact that probably 99% of bitcoin users all around the globe doesnt understand bitcoin, but they care about bitcoin thats why they are using and purchasing bitcoin. The reason for them not looking on bitcoin on the background is because not all people are technical about how bitcoin works. How can we be concerned on things that are out of our understanding, isn't it?  What they understand is that bitcoin is good currency, it is profitable and it is much better than fiat.

In short, they do care about bitcoins its just that they dont understand everything about bitcoin.
The trust scores you see are subjective; they will change depending on who you have in your trust list.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715534878
Hero Member
*
Offline Offline

Posts: 1715534878

View Profile Personal Message (Offline)

Ignore
1715534878
Reply with quote  #2

1715534878
Report to moderator
eternalgloom
Legendary
*
Offline Offline

Activity: 1792
Merit: 1283



View Profile WWW
January 06, 2017, 01:58:24 PM
 #22

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).
The real question is, does it really matter if they do not support BTC or have respect for the underlying technology?

As long as those people are using BTC, either as a short term safe haven for their funds or as a temporary replacement of their own country's fiat currency, it's still beneficial for Bitcoin itself.

I would also argue that for every 1000 new users or so, there is a certain percentage of them that will stick around, so any influx of new users is definitely a good thing for Bitcoin. Even if only 5 or 10 percent of them stick around long term.

GMPoison
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
January 06, 2017, 02:05:37 PM
 #23

We have to make them want to care. We will make them care.
coinmachina
Newbie
*
Offline Offline

Activity: 28
Merit: 11


View Profile
January 06, 2017, 02:36:20 PM
 #24

8 years of international financial transactions, fitting on the same size as a fingernail.

This. Its highly unlikely data storage will ever become a serious problem for bitcoin.

If bitcoin needs us to care about it then we might as well scrap this shit idea now and move on.

Exactly. If bitcoin can not handle the way its being used by the people then bitcoin simply would not be the great invention we think it is. Therefore there would be no using in preserving it.
albama
Newbie
*
Offline Offline

Activity: 32
Merit: 0


View Profile
January 06, 2017, 02:41:01 PM
 #25

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.

Which one do you want to say about? is it a diff of bitcoin or central digital currency and limitation law for bitcoin
Invincible
Newbie
*
Offline Offline

Activity: 54
Merit: 0


View Profile
January 06, 2017, 02:55:32 PM
 #26



Bitcoin is perfect now shut the fuck up and lock your stupid thread!
Word. We will apply the Segwit and then Lightning.
manselr
Legendary
*
Offline Offline

Activity: 868
Merit: 1004


View Profile
January 06, 2017, 02:59:54 PM
 #27

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.

We have a roadmap, the core devs want to increase the blocksize, but we must activate segwit first to avoid certain exploitable glitches that could happen if we raise the blocksize without segwit, so start trying to convince miners to activate segwit. We will never get anywhere without segwit, it's the reality of things here.

Of course, there are paid gov agents that know it, thats why there are anti segwit trolls, but we will defeat them.

And even if segwit never happens, we still have bitcoin as a better gold with the currenct characteristics, this fact alone makes BTC extremely undervalued. A better gold should be sitting at 6 figures per coin.
MANCRYPTOS
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250



View Profile WWW
January 06, 2017, 03:13:57 PM
 #28

Today's investors do not care about Bitcoin? How I must understand this? Who made bitcoin? investor ? Of course not, the point is not about caring, investors must manipulate with bitcoin price. Investor need profit from bitcoin, why I'm an investor? Because I care bitcoin

n2004al
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000


View Profile
January 06, 2017, 03:43:36 PM
 #29

Today's investors do not care about bitcoin? Have not hear such strange thing so far. The price of bitcoin the last of three months and the volume of trade of bitcoin in all the biggest or not exchanges seems that testify the opposite.
bitbunnny
Legendary
*
Offline Offline

Activity: 2898
Merit: 1068


WOLF.BET - Provably Fair Crypto Casino


View Profile
January 06, 2017, 03:51:06 PM
 #30

This actualy makes no sense. I think they do care for Bitcoin but things have changed and investment techiques and methods and investment goals are different. Maybe the investors are also more careful, more cautious, not so easy with giving away their money but they are still there and investing.

Bitcoinsummoner
Hero Member
*****
Offline Offline

Activity: 1330
Merit: 622


Maintain Social Distance, Stay safe.


View Profile WWW
January 06, 2017, 03:59:51 PM
 #31

Investors is always caring about their money that i think they are care about bitcoin since the price of bitcoin hit above $1k value and now the price of bitcoin drop but i think they are already exchange their bitcoin so that they can buy bitcoins again back because there s a new spike and the price is increase again back to 900 value and pushing back to 1k value.. so those investors area always care about bitcoin because of the fast movement of the price..



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
Juggy777
Hero Member
*****
Offline Offline

Activity: 2646
Merit: 686


View Profile
January 06, 2017, 04:04:24 PM
 #32

I think the Op is trying to say that current users and especially the ones from India and China, do not understand btc, all they saw a loophole and they used it fully. That's a valid concern and I. Don't think he is wrong to voice it out, this has actually spooked the btc price and yes one could say users have increased, people are using but this are temporary and they shall exit leaving a hole in the Bitcoin and we all should be ready to brace for a storm.
iram3130
Legendary
*
Offline Offline

Activity: 1512
Merit: 1010


ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀


View Profile
January 06, 2017, 04:39:46 PM
 #33

I think the Op is trying to say that current users and especially the ones from India and China, do not understand btc, all they saw a loophole and they used it fully. That's a valid concern and I. Don't think he is wrong to voice it out, this has actually spooked the btc price and yes one could say users have increased, people are using but this are temporary and they shall exit leaving a hole in the Bitcoin and we all should be ready to brace for a storm.

No investor will invest their money without understanding the profits or risks they are getting into. It doesn't matter if they are from China or India. Investors won't be interested in losing their money. Rather there are many outlets and companies who started to use Bitcoins in their payment gateway.

             ▄▄██████▄
         ▄▄████████████
   ▄▄█████████▀▀   ▀████
 ▄███████████▄      ████
████▀   ▀▀██████▄▄▄████
████      ▄███████████▄
▀████▄▄▄████████▀▀▀████▄
 ▀███████████▀      ████
 ████▀▀▀██████▄▄   ▄███▀
████      ▀███████████▀
████▄   ▄▄█████████▀▀
 ████████████▀▀
  ▀██████▀▀
█████████████████

     ███

██████████

     ██████

███████████

     ███████████████

███████████████████
█████████████████

███   

██████████

██████   

███████████

███████████████   

███████████████████
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████▀███████▀   ▀▀▀▄█████
█████▌  ▀▀███▌       ▄█████

████▀               █████
█████▄              ███████
██████▄            ████████
███████▄▄        ▄█████████
█████▄▄       ▄████████████
███████████████████████████
███████████████████████████
▀█████████████████████████▀
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████████████▀▀███████
█████████████▀▀▀    ███████

███████▀▀▀   ▄▀   ███████
█████▄     ▄█▀     ████████
████████▄ █▀      █████████
█████████▌▐       █████████
██████████ ▄██▄  ██████████
████████████████▄██████████
███████████████████████████
▀█████████████████████████▀
▄█████████████████████████▄
███████████████████████████
███████████████████████████
███████▀           ▀███████
██████  ▄██▀▀▀▀▀█▀▄  ██████

█████  █▀  ▄▄▄  ▀█  █████
██████  █  █████  █  ██████
██████  █▄  ▀▀▀  ▄█  ██████
██████  ▀██▄▄▄▄▄██▀  ██████
███████▄           ▄███████
███████████████████████████
███████████████████████████
▀█████████████████████████▀
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀  ▀     ▀  ▀███████

█████▌             ▐█████
██████    ██   ██    ██████
█████▌    ▀▀   ▀▀    ▐█████
██████▄  ▄▄▄   ▄▄▄  ▄██████
████████▄▄███████▄▄████████
███████████████████████████
███████████████████████████
▀█████████████████████████▀
lumeire
Legendary
*
Offline Offline

Activity: 1848
Merit: 1009


Next-Gen Trade Racing Metaverse


View Profile
January 06, 2017, 04:44:50 PM
 #34

Today's investors do not care about bitcoin? Have not hear such strange thing so far. The price of bitcoin the last of three months and the volume of trade of bitcoin in all the biggest or not exchanges seems that testify the opposite.

Probably meant a huge chunk of the BTCBTCBTC 'investors' are here to short trade for profit. Well you can't remove that in any commodity, even in stocks. At least they do good for the volume.

        ▄▄████████▄▄           ▄▄████████▄▄
    ▄▄████████████████▄▄   ▄▄████████████████▄▄
  ▄███████▀▀▀▀▀▀▀▀█████  ▄███████▀▀▀▀▀▀▀▀███████▄
 ▄█████▀            ▀█  ▄█████▀            ▀█████▄
▄█████▀                ▄█████▀    ▄▄        ▀█████▄
█████▌                 █████▌     ████▄▄     ▐█████
█████▌                 █████▌     ████▀▀     ▐█████
▀█████▄      ▄▄▄      █████▀      ▀▀        ▄█████▀
 ▀█████▄▄   █████    █████▀  █▄            ▄█████▀
  ▀██████████████ ██████▀▀  █████▄▄▄▄▄▄▄▄███████▀
    ▀▀███████████ ████▀    ▀▀████████████████▀▀
        ▀▀███████ ▀▀           ▀▀████████▀▀
            ▀███▀
|
..NEXT-GEN TRADE RACING METAVERSE..
|   WEBSITE   |   TELEGRAM   |   TWITTER   |   MEDIUM   |
►►  Powered by
BOUNTY
DETECTIVE
YuginKadoya
Legendary
*
Offline Offline

Activity: 3038
Merit: 1169



View Profile
January 06, 2017, 05:14:50 PM
 #35

I think it is the idea of bitcoin people can't really control it's movement and not just one person can utilize bitcoin for himself because it is on the community of bitcoin users and if you are having a doubt on bitcoin that it will went down when you would invest your bitcoin then do not invest so you wouldn't lose your bitcoin you can not see the future of bitcoin all we can do is ride on the flow of it and hope for the best in the future!
pedrog
Legendary
*
Offline Offline

Activity: 2786
Merit: 1031



View Profile
January 06, 2017, 05:26:25 PM
 #36

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.

They will care when they aren't able to move their bitcoin because there 548663254 transactions awaiting confirmation, this might reflect on the price when people start noticing the limitations, may other coins rise...

mrcash02
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 525

CryptoTalk.Org - Get Paid for every Post!


View Profile
January 06, 2017, 05:43:31 PM
 #37

That is the public using BTCs, proof that BTC is already a success and many people are using it. If Bitcoin has limitations it's not their fault, but BTC fault. Surely something must be done, the currently amount of Bitcoin investors is too low compared with the world's population, if Bitcoin wants to be a currency used by all the world this is the biggest issue that must be correct, improved. But the question is, what could be done?

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
South Park
Hero Member
*****
Offline Offline

Activity: 2884
Merit: 795


I am terrible at Fantasy Football!!!


View Profile
January 06, 2017, 07:09:10 PM
 #38

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.
I don’t see any problem, as long as people use bitcoin that is fine, bitcoin is a currency and people will use it for all the same reasons we use our everyday currency, what you describe is nothing new when the USSR was collapsing, many of its citizens fled to other countries and purchase dollars instead of keeping their national currency.

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
Mometaskers
Hero Member
*****
Offline Offline

Activity: 1764
Merit: 584



View Profile
January 06, 2017, 07:20:30 PM
 #39

Well it seems most of the people truly are investors or casual users. I myself are one of those who do not know much the technicalities. People are starting to see it as a store of value because of increasing instability and would buy even without enough knowledge of it. True the big increase in exchange can be a bit unnerving but it's making people more aware of bitcoin's existence and that is always a good thing. Mind you, many of us also probably don't know how fiat works. I for example only know that the government increases or decreases supply as it see fit.
Doamader
Hero Member
*****
Offline Offline

Activity: 756
Merit: 501


View Profile
January 06, 2017, 09:15:51 PM
 #40

That is the public using BTCs, proof that BTC is already a success and many people are using it. If Bitcoin has limitations it's not their fault, but BTC fault. Surely something must be done, the currently amount of Bitcoin investors is too low compared with the world's population, if Bitcoin wants to be a currency used by all the world this is the biggest issue that must be correct, improved. But the question is, what could be done?

There are whales, and big investment around bitcoin, sure the intentions is to achieve roi, and maximize their profit, nowadays people does join bitcoin world to make easy money, not interested into the big issues like the block size as well what will happen once the mine period ends. The more bitcoin grow the harder becomes to give support, remember that most crypto community has a regular job and nothing besides those.
 The most bitcoin community members had invested maybe 5000- 50000 dollars at bitcoin, some had been able to get more at the moment, but the thing is bitcoin pump costed milions and we dont have those. Nowadays only the whales and big miners are able to afford to make such pumps at bitcoin, even with us trying to help we cant.
Pages: « 1 [2] 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!