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Author Topic: Spot the Newbie Problems: Bitcoin or Not?  (Read 15422 times)
amishmanish
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May 08, 2018, 05:20:34 PM
 #21

Any newbie that searches for bitcoin and ends up at bitcoin.com is screwed for good. They will inevitably end up buying BCash. Right now, we have just undergone an explosion phase in december. Lot of people who joined back then are pretty much aware of the differences and the Roger Ver style shitty marketing tactics.

What these conmen are banking on is that another wave of newbies will  get confused enough to not know the difference and end up buying BCash in huge amounts. I suppose they have some target price that they aim to reach so that they can make it more profitable for miners than bitcoin, even if for a small while..

This is when they hope that hashing power will switch. It's a plan they are willing to execute by hook or by crook. All the more reason for the real bitcoin community to be ever vigilant and keep telling people that BCH being peddled by bitcoin.com is actually BCash backed by people like Ver who like to boast "I am a self made millionaire and i will not be insulted" and then go red in the face while rage quitting.

That is frankly nothing like what bitcoin is supposed to be
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May 08, 2018, 05:23:34 PM
 #22

Learning the bitcoin concept is never an easy tasks. It has really complicated concepts especially so that their are a lot of bitcoin websites and exchanges available now. If one team wants to attract more investors or new to bitcoin world, they must present bitcoin in the easiest way to understand as much as possible.

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May 08, 2018, 07:13:50 PM
 #23

Bitcoin cash is a clone of Bitcoin and is less expensive than bitcoin.BTC has a block size of 2 MB with Segwit while BCH has no segwit implementation and has a huge blocksize of 8 MB. BCH is faster in terms of transaction.

This thread is about the problems crypto newbies face when visiting bitcoin.com website when Bitcoin, Bitcoin Cash, BTC and BCH are plastered all over it without being clear within which context those names or abbreviations are used. The block size you mentioned is a debate for another thread.


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May 09, 2018, 05:32:06 PM
 #24

Yes, I have a friend who actually ended up in buying Bitcoin cash while he was willing to buy Bitcoin. This is a serious matter that created confusion among the newbies while dealing with Bitcoin. However, since most of the newbies use web wallets, some web wallet service providers notify users on each and every step that they are dealing in Bitcoin or Bitcoin Cash.
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May 09, 2018, 05:42:58 PM
 #25

Well as a suggestion, Do not buy until you are not familiar with something that is very costly.
The thing is people tend to jump in anything that would tell them that they will be getting bucks from it.
Lack of knowledge will definitely lead you to that kind of circumstances and I think he who have lost by being confused is liable for his own mistakes for he did not researched before buying.
In this industry, you have to do your own research. Such forums like Btctalk is just a place where you can find further perspective about news and facts.
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May 09, 2018, 05:53:59 PM
 #26

Looks like Roger Ver is still up to his antics. I can't believe he's doing it this way though. It seems to only get in the way of Bitcoin education and make it more difficult and dangerous for newbies.

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JollyGood (OP)
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May 09, 2018, 09:59:17 PM
 #27

Yes, I have a friend who actually ended up in buying Bitcoin cash while he was willing to buy Bitcoin. This is a serious matter that created confusion among the newbies while dealing with Bitcoin. However, since most of the newbies use web wallets, some web wallet service providers notify users on each and every step that they are dealing in Bitcoin or Bitcoin Cash.

Sorry to hear about your friend getting confused by the whole Bitcoin/BTC and BCH/Bcash/Bitcoin Cash issue. I hope in the near future things will get better and clearer on bitcoin.com and other places.

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May 09, 2018, 10:40:17 PM
 #28

Looks like Roger Ver is still up to his antics. I can't believe he's doing it this way though. It seems to only get in the way of Bitcoin education and make it more difficult and dangerous for newbies.

Roger Ver has lost all his credits already, so whatever he ends up doing from this point, regardless of how severe his actions are, won't change anything in that regard. If he suddenly changes his approach of 'marketing' BCH at cost of Bitcoin, he feels like he lost the battle he put so much effort in, and that with his level of engagement and emotional weaknesses just isn't going to happen. He is beyond any stage of becoming normal again -- this poisonous being needs to seek mental help. It's pathetic how he singlehandedly ruined his reputation, but the damage is done already and we have to get over it. If we ignore everything related to BCH he will lose his game, so let's start with it directly.
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May 09, 2018, 10:42:38 PM
 #29

Bitcoin is a topic where you need to strain your brain. This is not a topic for everyone. Here earn far not silly people. New technologies, ideas, the future is born here. But on the way to the future there are many obstacles. This process is integral...

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May 09, 2018, 11:17:33 PM
 #30

Stands to reason newbies wanting to learn about Bitcoin will go to bitcoin.org or bitcoin.com and those wanting to learn about Bitcoin Cash will go to bitcoincash.org

How are newbies supposed to navigate the disaster created by Bitcoin Cash team?
Since the owner of bitcoin.com does have some influence in the market, he is representing BCH as bitcoin and every new user must study the different market before investing it and if you are lazy in doing the home work then you might end if investing in another coin than what you intended to do, so the main issue is with people jumping into things without even learning about the market and the problem lies there.
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May 09, 2018, 11:25:07 PM
 #31

Actually for beginners you can go on bitcoin.com and I think it will be easier for you to learn for beginners, and much to read and understand about bitcoin and BCH.
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May 10, 2018, 12:06:45 AM
 #32

Well as a suggestion, Do not buy until you are not familiar with something that is very costly.
The thing is people tend to jump in anything that would tell them that they will be getting bucks from it.
Lack of knowledge will definitely lead you to that kind of circumstances and I think he who have lost by being confused is liable for his own mistakes for he did not researched before buying.
In this industry, you have to do your own research. Such forums like Btctalk is just a place where you can find further perspective about news and facts.

Yes ultimately the one parting with their cash is responsbile but because of the confusion created by Bitcoin Cash it is nice if we can help newbies by providing clarity on some things.

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May 10, 2018, 12:27:37 AM
 #33

Being a newbie, you are responsible for yourself. No one should be blamed. If you want to learn thoroughly about Bitcoin, Do some research. Bitcoin info is almost everywhere. But what we should do as members are to help to spread awareness. For a simple and little way, we can help them understand the basics of Bitcoin.
Thank you for that wonderful advise. As a beginner, it is just right that we are the one who are responsible for the outcome of our actions. Upon entering here in bitcoin, we should be prepare, knowledgeable and well informed to do this thing. Im doing some research to gain more knowledge.
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May 10, 2018, 12:33:26 AM
 #34

Thank you for that wonderful advise. As a beginner, it is just right that we are the one who are responsible for the outcome of our actions. Upon entering here in bitcoin, we should be prepare, knowledgeable and well informed to do this thing. Im doing some research to gain more knowledge.

If you need any advice or have any questions please ask, this forum by far has more "nice" people willing to help out than those "not so nice" who would not like to help.

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thecodebear
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May 10, 2018, 12:35:25 AM
 #35

Yeah bitcon.com is unfortunately owned by a huge Bitcoin Cash troll and he does everything he can to confuse people and try to trick them into buying Bitcoin Cash when they actually want to buy Bitcoin. Bitcoin Cash and bitcoin.com are extremely scammy. Bitcoin.com has come to represent the worst in the crypto space, just a scam website meant to trick people so the owner can enrich himself. Never go there.
JollyGood (OP)
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May 10, 2018, 08:08:42 AM
 #36

Yeah bitcon.com is unfortunately owned by a huge Bitcoin Cash troll and he does everything he can to confuse people and try to trick them into buying Bitcoin Cash when they actually want to buy Bitcoin. Bitcoin Cash and bitcoin.com are extremely scammy. Bitcoin.com has come to represent the worst in the crypto space, just a scam website meant to trick people so the owner can enrich himself. Never go there.

That is one way of putting it so bluntly Smiley


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Xester
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May 10, 2018, 08:39:46 AM
 #37

This has been victimized many newbies. I have even heard complains both online and offline of people who have bought bitcoin (bch) and was surprised to see that why is their bitcoin (bch) only at 1000 dollars. They are confused and thus with some explanation they sold their bitcoin cash and convert it to bitcoin.
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May 10, 2018, 08:48:49 AM
 #38

Bitcoin is not a simple concept. If you want to study bitcoin completely, do some research. Bitcoin information is almost everywhere. In general, new scholars need to learn knowledge of cryptocurrency to invest in bitcoins.
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May 10, 2018, 09:03:59 AM
 #39

Bitcoin cash BCH is forked out of Bitcoin. BCH is less in value compare to Bitcoin. Bitcoin marketcap is bigger than that of the BCH although total amount of bitcoin anc BCH are same that is 21,000,000.00. Bitcoin was invented in 2010 while BCH was invented 2017.
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May 10, 2018, 09:09:33 AM
 #40

http://i66.tinypic.com/2ed4dxt.jpg

So, some newbies go to bitcoin.com and see BTC and BCH plastered all over the website.

In some places on the bitcoin.com website the words "Bitcoin" and letters "BCH" are conflated, in other places they are not. In some places mentions specific to "Bitcoin" are being made and in other places "Bitcoin" and "BCH" are mentioned as one and the same. In other places "Bitcoin" and "BTC" are used.

Stands to reason newbies wanting to learn about Bitcoin will go to bitcoin.org or bitcoin.com and those wanting to learn about Bitcoin Cash will go to bitcoincash.org

How are newbies supposed to navigate the disaster created by Bitcoin Cash team?

deluding people about bitcoin and bch, pretending bitcoin cash is bitcoin, that is just not right. Community has decided that Bitcoin is Bitcoin and Bitcoin cash is bitcoin cash, period... Bitcoin.com should get banned
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