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Author Topic: Spot the Newbie Problems: Bitcoin or Not?  (Read 15420 times)
bitvalak
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June 17, 2018, 09:41:41 AM
 #61

because that is the easiest way to lure newbies into bitcoincash from bitcoin. Because if the newbies manage to invest there, bitcoin will be safe and they will play with the junk coin. Games for newbies not to have bitcoins

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June 17, 2018, 09:52:50 AM
 #62

Well they have to diversify their sources if they want to really get a good idea of bitcoin and crypto. Of course it can be a little confusing especially if you haven't been exposed to bitcoin yet prior to bch's release. Keep yourself informed and updated. The more you immerse yourself into it, the easier you'll avoid these simple confusions

 
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June 17, 2018, 10:07:11 AM
 #63

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?

It is not just about Bitcoin Cash only as there are a dozen (and counting) Bitcoin copycats existing in the wild now. From my perspective, it is pretty much like distinguishing between American and Zimbabwean dollars (I think I came up with a decent example to show the scope of distinction here). In other words, if you can't tell the difference between the two, you may be advised to stay away from either. Or, in the very least, try to find out more and learn what's what in the cryptoverse, where the true difference lies.
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June 17, 2018, 10:46:38 AM
 #64


There are things that newcomers do not understand, and this can have serious consequences. In the case of most crypto-investment, your money is not protected by any laws and no guarantees. The price is subject to market forces and is not set by any central part. So, in case of large losses, you can hardly return money

And where does your post fit in with the OP? It is not about laws and guarantees but about newbies facing problems because of being confused by conflicting information on the bitcoin.com website which is not owned or operated by the Bitcoin team but rather owned and operated by Roger Ver who is behind the low level fork called Bitcoin Cash.

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March 20, 2019, 12:03:20 AM
 #65

Since BCH is on the decline to oblivion and Bitcoin remains supreme there is not much longer to wait before newbies will be no longer get confused by the information put out on the bitcoin.com website and think it refers to the information put out on bitcoin.org

BCH is becoming more and more irrelevant as each day passes

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April 07, 2019, 07:48:07 PM
 #66

Think and assess everything before you make a decision. Those newbies obviously didn't research that much and the consequences of this laziness is sometimes everything.
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April 07, 2019, 09:59:31 PM
 #67

Think and assess everything before you make a decision. Those newbies obviously didn't research that much and the consequences of this laziness is sometimes everything.
But we, those who are not new to these, must help them by making them aware though.
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April 07, 2019, 10:20:40 PM
 #68

Think and assess everything before you make a decision. Those newbies obviously didn't research that much and the consequences of this laziness is sometimes everything.
But we, those who are not new to these, must help them by making them aware though.
Well yeah,  but again, if they are lazy to read it, then what it is for? Before you go to an action, you need to think about it and gather information before doing it. Like on trading, before trying it you need first to find the perfect site for cryptocurrency exchanges (converting small crypto dusts, instant transaction speed, no currency risk, a gateway to payment for  online and physical activities,  operating globally, etc) but you can't find it when you don't try and you need perseverance to learn it. Same applies to the post mentioned, you can only see how those people wanted to earn fast because of doing things fast without thinking and assessing if that site is a scam or a legit one.
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April 08, 2019, 12:30:26 AM
 #69

I think the best way to avoid confussion when you are a newbies is to make some research or if possible you can talk to the people who are already experienced in bitcoin industry because I think when someone explain to you about bitcoin you can understand easily rather than reading blog.

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April 08, 2019, 12:41:29 AM
 #70

Think and assess everything before you make a decision. Those newbies obviously didn't research that much and the consequences of this laziness is sometimes everything.

Maybe those newbies did good research but were confused by what they saw on the BCH website

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