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Author Topic: Are we still unaware of Bitcoin's potential?  (Read 448 times)
filharvey (OP)
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September 24, 2017, 03:18:21 PM
 #1

Last week,we saw that after JPMorgan CEO Jamie Dimon termed bitcoin as a fraud,we saw a slight down fall in bitcoin's price.We could easily understand that dimon belonging to the banking industry could not digest the gigantic growth of bitcoin.They feel that the growth of bitcoin is a direct threat to their banking industry in future.Nothing other than this could be expected from a person of banking industry.

     Guys,Bitcoin has successfully crossed its initial eight years successfully despite the actions taken against it by bankers and governments.

       Now,what i'm asking is, are we still unaware of bitcoin's true potential and do we still rely on such person's tweets for deciding whether to buy or sell our bitcoins?

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Rozita
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September 24, 2017, 03:30:30 PM
 #2

Yes. People are still unaware of bitcoin's potential. Even most of Bitcoin holders don't believe completely in Bitcoin. I think that's because of governments power. They can do whatever they want. Any news or rumor can affect the prices.
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September 24, 2017, 03:32:51 PM
 #3

Last week,we saw that after JPMorgan CEO Jamie Dimon termed bitcoin as a fraud,we saw a slight down fall in bitcoin's price.We could easily understand that dimon belonging to the banking industry could not digest the gigantic growth of bitcoin.They feel that the growth of bitcoin is a direct threat to their banking industry in future.Nothing other than this could be expected from a person of banking industry.

     Guys,Bitcoin has successfully crossed its initial eight years successfully despite the actions taken against it by bankers and governments.

       Now,what i'm asking is, are we still unaware of bitcoin's true potential and do we still rely on such person's tweets for deciding whether to buy or sell our bitcoins?
It is a fact in my country, many people do not know bitcoin. And though they have heard, hok does not know its potential. They just depend on the state.
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September 24, 2017, 03:40:05 PM
 #4

Last week,we saw that after JPMorgan CEO Jamie Dimon termed bitcoin as a fraud,we saw a slight down fall in bitcoin's price.We could easily understand that dimon belonging to the banking industry could not digest the gigantic growth of bitcoin.They feel that the growth of bitcoin is a direct threat to their banking industry in future.Nothing other than this could be expected from a person of banking industry.

     Guys,Bitcoin has successfully crossed its initial eight years successfully despite the actions taken against it by bankers and governments.

       Now,what i'm asking is, are we still unaware of bitcoin's true potential and do we still rely on such person's tweets for deciding whether to buy or sell our bitcoins?

yes people prefer to listen to an expert opinion than themselves. although they know that sometimes the opinions of the experts are only for personal gain, after dimon say bitcoin is fraud he buy a lot of bitcoin when the price is down, that mf know how to make money Roll Eyes

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September 24, 2017, 04:01:44 PM
 #5

Well there are yet too many people who are still unaware of the crypto-world and also Bitcoin and about its potential. They prefer on the expert's advice rather then making decisions themselves...

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rjbtc2017
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September 24, 2017, 04:07:22 PM
 #6

Yes we are, Everyone is still unaware of Bitcoin's potential. Even experts cannot predict or tell what would be the fullest potential of bitcoin. Only time can tell, only a certain time that bitcoin will and if already at it's most full stable version, then we could predict what wull be the fullest potential of Bitcoin.
Only time and Only bitcoin supporters can tell/predict.
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September 24, 2017, 04:10:17 PM
 #7

I think with some facts that can be learned about the potential of bitcoin such as price increases and bitcoin population growth at any time, and the addition of states expressing bitcoin as the official digital currency and having similar functions to fiat currencies.
And of course the bitcoin legalization in the country is a good support for the level of public confidence in bitcoin
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September 24, 2017, 06:17:01 PM
 #8

Last week,we saw that after JPMorgan CEO Jamie Dimon termed bitcoin as a fraud,we saw a slight down fall in bitcoin's price.We could easily understand that dimon belonging to the banking industry could not digest the gigantic growth of bitcoin.They feel that the growth of bitcoin is a direct threat to their banking industry in future.Nothing other than this could be expected from a person of banking industry.

     Guys,Bitcoin has successfully crossed its initial eight years successfully despite the actions taken against it by bankers and governments.

       Now,what i'm asking is, are we still unaware of bitcoin's true potential and do we still rely on such person's tweets for deciding whether to buy or sell our bitcoins?


Yes actually many people are still unaware of bitcoin's true potential, they do not know whose comment or which news to be taken seriously.Even JP morgan, chinese ban on ico and Btc could not shake the bitcoin market. These news or Statements are just for speculation purposes, they make the false statements just for accumulating more & more Bitcoin positions,they just want to create panic in people mind so that People like Jamie Dimon could get a Better price for Bitcoin and price of bitcoin will rise after they get their position. Roll Eyes this is how it works. Tongue

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September 24, 2017, 06:22:20 PM
 #9

Last week,we saw that after JPMorgan CEO Jamie Dimon termed bitcoin as a fraud
There are also claims JP Morgan bought many Bitcoins days after that statement.

Quote
are we still unaware of bitcoin's true potential
The potential is obvious, but it's far from certain it can ever reach it's full potential.

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September 24, 2017, 06:24:45 PM
 #10

Last week,we saw that after JPMorgan CEO Jamie Dimon termed bitcoin as a fraud,we saw a slight down fall in bitcoin's price.We could easily understand that dimon belonging to the banking industry could not digest the gigantic growth of bitcoin.They feel that the growth of bitcoin is a direct threat to their banking industry in future.Nothing other than this could be expected from a person of banking industry.

     Guys,Bitcoin has successfully crossed its initial eight years successfully despite the actions taken against it by bankers and governments.

       Now,what i'm asking is, are we still unaware of bitcoin's true potential and do we still rely on such person's tweets for deciding whether to buy or sell our bitcoins?
"We", ie. the majority of people that have an account on this forum are very aware of Bitcoin's potential and are not moved by any such Wall Street crap.
Some "outsiders" who have no idea what Bitcoin is (a deflationary, transparent, trustless, decentralized digital currency) and only bought it based on what other 'financial experts' say, will be influenced by people like Jamie Dimon, who is also considered an 'expert'.
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September 24, 2017, 06:29:22 PM
 #11

Last week,we saw that after JPMorgan CEO Jamie Dimon termed bitcoin as a fraud,we saw a slight down fall in bitcoin's price.We could easily understand that dimon belonging to the banking industry could not digest the gigantic growth of bitcoin.They feel that the growth of bitcoin is a direct threat to their banking industry in future.Nothing other than this could be expected from a person of banking industry.

     Guys,Bitcoin has successfully crossed its initial eight years successfully despite the actions taken against it by bankers and governments.

       Now,what i'm asking is, are we still unaware of bitcoin's true potential and do we still rely on such person's tweets for deciding whether to buy or sell our bitcoins?
We do know that bitcoins adoption or awareness isnt still on its full extent and on the thing you do say that we do rely on persons tweet then i dont really care at all no matter what they do and affects bitcoins price.
We are now on 8 years and counting but still bitcoin is still kicking and its sad for those people who did just dont know on bitcoins existence and its potential even us bitcoin users dont really mind on it also.

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September 24, 2017, 07:38:46 PM
 #12

Well, the fact that certain governments and some prominent persons are opposed to Bitcoin and crypto as a whole prove that said governments and persons are in fact aware of the potential. Saw a quote somewhere that goes something like "first they ignore you, then laugh at you, then hate you, and subsequently you win". Looks like we're now past the 'laugh'-phase and entered the 'hate'-phase. Sounds dire but is actually a sign of progress.
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September 24, 2017, 07:42:45 PM
 #13

Yes. The lack of vision demonstrated by people here consistently blows my mind. There's endless threads about people selling at 10k. That's a really stupid level to sell at. That means that the game has just about started to begin.

It nudged $5000 with shit exchanges, massive infighting and stunning ignorance from the majority of the world.

Let the sellers blow it and regret it forever.
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September 24, 2017, 07:48:59 PM
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Well, the fact that certain governments and some prominent persons are opposed to Bitcoin and crypto as a whole prove that said governments and persons are in fact aware of the potential. Saw a quote somewhere that goes something like "first they ignore you, then laugh at you, then hate you, and subsequently you win". Looks like we're now past the 'laugh'-phase and entered the 'hate'-phase. Sounds dire but is actually a sign of progress.

I couldn't agree with you more, certain key people and some governments out of reasons best known to them hate Bitcoin and it's progress to the core and so we should never undermine the potential of Bitcoin by their the judgement of these entities.
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September 24, 2017, 07:52:32 PM
 #15

       Now,what i'm asking is, are we still unaware of bitcoin's true potential and do we still rely on such person's tweets for deciding whether to buy or sell our bitcoins?

It depends on what who you refer as "we". We here I Bitcointalk? I don't think so! Here are so many great crypto enthusiasts around spendig their last dime and time to get bitcoin and cryto in generl forward. If you refer "we" to the general public then I would say 99% of the people are not aware of bitcoins potential. Those who only see it as an investment and don't have a passion about it and spend hours of getting to love the fundamental theorie of bitcoin are the weak hands. And whales who realy drive the price down make profit of that people.

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September 24, 2017, 07:54:23 PM
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Last week,we saw that after JPMorgan CEO Jamie Dimon termed bitcoin as a fraud,we saw a slight down fall in bitcoin's price.We could easily understand that dimon belonging to the banking industry could not digest the gigantic growth of bitcoin.They feel that the growth of bitcoin is a direct threat to their banking industry in future.Nothing other than this could be expected from a person of banking industry.

     Guys,Bitcoin has successfully crossed its initial eight years successfully despite the actions taken against it by bankers and governments.

       Now,what i'm asking is, are we still unaware of bitcoin's true potential and do we still rely on such person's tweets for deciding whether to buy or sell our bitcoins?
We do know that bitcoins adoption or awareness isnt still on its full extent and on the thing you do say that we do rely on persons tweet then i dont really care at all no matter what they do and affects bitcoins price.
We are now on 8 years and counting but still bitcoin is still kicking and its sad for those people who did just dont know on bitcoins existence and its potential even us bitcoin users dont really mind on it also.

We're all aware of the potential but this doesn't work in practise. We don't have force to make others adopt the bitcoin and that's why companies like jp morgan can do anything they want.
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September 24, 2017, 07:55:30 PM
 #17

probably, because there are still many who do not know about the existence of bitcoin. all the statements that come out of the people who often appear I feel is a trend where they can benefit from it. I do not think we are fully aware that bitcoin has enormous potential.
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September 24, 2017, 08:01:15 PM
 #18

Last week,we saw that after JPMorgan CEO Jamie Dimon termed bitcoin as a fraud,we saw a slight down fall in bitcoin's price.We could easily understand that dimon belonging to the banking industry could not digest the gigantic growth of bitcoin.They feel that the growth of bitcoin is a direct threat to their banking industry in future.Nothing other than this could be expected from a person of banking industry.

     Guys,Bitcoin has successfully crossed its initial eight years successfully despite the actions taken against it by bankers and governments.

       Now,what i'm asking is, are we still unaware of bitcoin's true potential and do we still rely on such person's tweets for deciding whether to buy or sell our bitcoins?
Bitcoin can shrug off most of the statements that are made against it because there isn't anyone who they can really target, and it essentially becomes an asset which you can say "oh this can't work", although you have no way to prove that it really doesn't work, and the asset's marketplace proves you otherwise. Bitcoin has the power of being completely free of any representatives you can attack, you can only attack the asset. And, as I said, when you can only attack an asset which is noticeably doing well, there's nothing that can be done to stop it.
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September 24, 2017, 08:07:14 PM
 #19

people still do not care about bitcoins. now its popularity has increased but all the same it is only a small part of the society.
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September 24, 2017, 08:08:35 PM
 #20

Even I as a long time lover of Bitcoin constantly underestimate bitcoin. So I think most of us are unaware of it's potential. It is alot to wrap your head around. So yes, we are unaware.


Planning to launch Zimbabwecoin in the future. Focused on building a community around it now.
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