Is this basically just another way to make money?

[DikkieD]

My start with crypto/btc was that I invested a bit end of November last year. I had a few friends that told me about their small successes and how easy it was to just 'start'. It was indeed quite easy. I started to read and research into btc and every other relevant coin. Whitepapers, teams and such. Then I started to shift focus to the block chain, starting to get a grasp on what could be the future possibilities. I started to get real exited and invested some of my savings in a few projects with (to me) real potential. None of those projects appeared to be alive because of speculation only, mainly because they have a vision and actual plans.

So then I noticed that there are quite a few documentaries. I started to watch them all. A few from 2015, 2016 and 2017. I was disappointed to say the least. Everything was about bitcoin and the value/worth of bitcoin. It was about highs and lows, crashes and deceit. Only a few times the actual potential of the block chain was mentioned. Mostly it was about money.

Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.

I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.

Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)...

What is your take on this? Is this all a phase, part of how this game works?

[1713575630]

1713575630

[1713575630]

1713575630

[rerek007]

My start with crypto/btc was that I invested a bit end of November last year. I had a few friends that told me about their small successes and how easy it was to just 'start'. It was indeed quite easy. I started to read and research into btc and every other relevant coin. Whitepapers, teams and such. Then I started to shift focus to the block chain, starting to get a grasp on what could be the future possibilities. I started to get real exited and invested some of my savings in a few projects with (to me) real potential. None of those projects appeared to be alive because of speculation only, mainly because they have a vision and actual plans.

So then I noticed that there are quite a few documentaries. I started to watch them all. A few from 2015, 2016 and 2017. I was disappointed to say the least. Everything was about bitcoin and the value/worth of bitcoin. It was about highs and lows, crashes and deceit. Only a few times the actual potential of the block chain was mentioned. Mostly it was about money.

Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.

I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.

Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)...

What is your take on this? Is this all a phase, part of how this game works?

Another way to earn money is by bitcoin it can help an you a lot of things surrounds you

[DikkieD]

Please elaborate, I am missing your point, or maybe you are missing mine? 

[Jeremiesaranza]

My start with crypto/btc was that I invested a bit end of November last year. I had a few friends that told me about their small successes and how easy it was to just 'start'. It was indeed quite easy. I started to read and research into btc and every other relevant coin. Whitepapers, teams and such. Then I started to shift focus to the block chain, starting to get a grasp on what could be the future possibilities. I started to get real exited and invested some of my savings in a few projects with (to me) real potential. None of those projects appeared to be alive because of speculation only, mainly because they have a vision and actual plans.

So then I noticed that there are quite a few documentaries. I started to watch them all. A few from 2015, 2016 and 2017. I was disappointed to say the least. Everything was about bitcoin and the value/worth of bitcoin. It was about highs and lows, crashes and deceit. Only a few times the actual potential of the block chain was mentioned. Mostly it was about money.

Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.

I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.

Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)...

What is your take on this? Is this all a phase, part of how this game works?

Yes it is basically another way of earn  money because  although you are only staying in your home you can earn money and gain because  of bitcoin

[FutureToken]

There are a lot of businesses people get into just to make money. They way they do it and how ethical they are on the way to success is yet another issue.
Generally the more people are interested in btc, the more development etc and the more adoption with time so I wouldn't necessarily see it as a bad thing.

Another thing is all the scams and ponzi schemes that continuously pop up. Not only people lose money but the reputation of crypto's is being damaged even though it's not the crypto's fault.

[Quidat]

"Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)..."

You cant avoid this one since its being always part of reality of people on being greedy when it comes to money on where they don't really already go to the full essence on creating a good project but rather focusing on how to generate profits into its investors.

[zenrol28]

Up until now, blockchain's full potential has not been used. It was just last year when bitcoin and blockchain technology boomed so strong. It may look like it's just for the money for now, but someday (i hope it'll be this year, but it's not) we can see this technology in our day to day living.

[zigfridkr]

What is your take on this? Is this all a phase, part of how this game works?

It is hard to understand what you are asking. Are you asking our opinion regarding why everyone is using bitcoins only for investment ?

[Johnzky]

What is your take on this? Is this all a phase, part of how this game works?

It is hard to understand what you are asking. Are you asking our opinion regarding why everyone is using bitcoins only for investment ?

yeah,OP made a LONG STORY but the question wasn't clarified.what should be the question literally?i cant even relate on what you need.i find your story as just a way of expression

[DikkieD]

I did get several interesting answers though  .

My question - or at least the dilemma I am having - is that it mostly seems like it has only one goal and that is to make as much money as possible. But for people that are just getting in it may be confusing because they perceive it as the biggest innovative change of recent years just like I did.

Right now I kinda feel disappointed that to 99% of people invested into crypto it seems to be nothing more that a source of income. A 'get it quick while the party is over' kind of thing.

[Mometaskers]

It's only a way of making money if you are still thinking of it in terms of fiat. An investment that grows in value and can keep up with inflation? Sign me up! 

I still like to think of this as a phase, people start buying and selling it till it gain wide enough distribution and support that it start becoming a real alternative to fiat. It's a gradual climb.

"Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)..."

You cant avoid this one since its being always part of reality of people on being greedy when it comes to money on where they don't really already go to the full essence on creating a good project but rather focusing on how to generate profits into its investors.

History is made by lazy, greedy and anxious people.

[Carmen03]

I think Yes because in my experience I need a lot of money to help my family . Joining the bitcoin help me to earn money even I'm working . Money that i get cannot survive so I join this to help a lot in everyday. It adds income for my family.

[Jaemouns]

I think Yes because in my experience I need a lot of money to help my family . Joining the bitcoin help me to earn money even I'm working . Money that i get cannot survive so I join this to help a lot in everyday. It adds income for my family.

Yes theres a lot of many ways to make a money but we talke about on how we make our income grow..This is the reson that everyone wanted for bitcoin its because an income of bitcoin was really extended to all of us.Theres no impossible if we joined bicoin for a large income and to help our family in daily needs.

[bololord]

My start with crypto/btc was that I invested a bit end of November last year. I had a few friends that told me about their small successes and how easy it was to just 'start'. It was indeed quite easy. I started to read and research into btc and every other relevant coin. Whitepapers, teams and such. Then I started to shift focus to the block chain, starting to get a grasp on what could be the future possibilities. I started to get real exited and invested some of my savings in a few projects with (to me) real potential. None of those projects appeared to be alive because of speculation only, mainly because they have a vision and actual plans.

So then I noticed that there are quite a few documentaries. I started to watch them all. A few from 2015, 2016 and 2017. I was disappointed to say the least. Everything was about bitcoin and the value/worth of bitcoin. It was about highs and lows, crashes and deceit. Only a few times the actual potential of the block chain was mentioned. Mostly it was about money.

Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.

I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.

Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)...

What is your take on this? Is this all a phase, part of how this game works?

This bitcoin can be say as one of the easiest way to earned money. Working hard in bitcoin can be worth it. Jobless people are now given a chance to work with bitcoin and earned more money. Now I am happy that I earned money and it is bery helpful for my family needs.

[paulo1210]

Is this basically just another way to make money? Well my answer to your question question is yes. Its just another way to earn money. This can help you a lot. Bitcoin is not just bitcoin. It can help you socially. And it can help you on finances, daily needs, schooling or whatever its is you need to use of money. You can also invest here. But it takes time.

[Carmen01]

Yes we can think that really happen but always think also digital currency create for an easy and to save our money with private key like own bank so don't rely and prepare yourself if crypto is for knowledge only in the future like we can't earn here anymore but still enjoy crypto now like do hardwork for big earnings.

[Kidmat]

Is this basically just another way to make money? Well my answer to your question question is yes. Its just another way to earn money. This can help you a lot. Bitcoin is not just bitcoin. It can help you socially. And it can help you on finances, daily needs, schooling or whatever its is you need to use of money. You can also invest here. But it takes time.

Agree, it takes time to earned with effort and determined to have the profit that you wanted in cryptocurrency. Most users invest in bitcoin because of the profit that can get in a period of time. Bitcoin could help a lot of users even price is unstable still many users invest.

[exstasie]

Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.

There's no way around it: The volatile cryptocurrency market cycles (including Bitcoin's) are driven by speculative hype, not usage or utility. The BTC chart reminds me of commodity boom-and-bust cycles, where significant divergence from the cost of production indicates a "bubble." A return to the mean always follows. In between, lots of winners and losers are created. In fact, most traders lose money. They buy near the top out of greed and sell near the bottom out of fear.

In the long run, we (as cryptocurrency investors) may all be winners. But in the shorter term, trading is generally zero sum. There's always someone on the other side of the trade, and your profits are derived from their mistakes. This is the life of a trader or investor.

I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.

If blockchains are the next internet, then these speculative cycles must continue. That's the nature of a limited/deflationary supply. Early adopters know that if Bitcoin usage becomes mainstream, that there are very few coins to go around. You have to expect greed in that context.

[jo123]

Yes it does. In this days it's all about finding job to make money and put the most of it, if you don't have that enough experience and skills it's hard to find good one. And this bitcoin is giving everybody hope to earn money in much easier way so basically for me bitcoin is another way to make money today.

[Wexnident]

My start with crypto/btc was that I invested a bit end of November last year. I had a few friends that told me about their small successes and how easy it was to just 'start'. It was indeed quite easy. I started to read and research into btc and every other relevant coin. Whitepapers, teams and such. Then I started to shift focus to the block chain, starting to get a grasp on what could be the future possibilities. I started to get real exited and invested some of my savings in a few projects with (to me) real potential. None of those projects appeared to be alive because of speculation only, mainly because they have a vision and actual plans.

So then I noticed that there are quite a few documentaries. I started to watch them all. A few from 2015, 2016 and 2017. I was disappointed to say the least. Everything was about bitcoin and the value/worth of bitcoin. It was about highs and lows, crashes and deceit. Only a few times the actual potential of the block chain was mentioned. Mostly it was about money.

Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.

I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.

Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)...

What is your take on this? Is this all a phase, part of how this game works?

I suggested that you must to engage in bitcoin. It really helps you a lot. Many ways of earning huge of bitcoin in the forum. There are many bounty's and campaign that giving different task to the participants and after completing the task they will pay you. Even this is not fast and easy money but you will surely earn. Just put some patience and hard working to this, thus in return all of this will be worth it.