ifinta (OP)
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September 29, 2018, 07:45:02 AM |
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smartbitcoininvestor
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September 29, 2018, 07:46:57 AM |
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If it sounds great, it's good marketing.
Honestly, it's just a safer way to create a publicly available database of sorts. It's mostly used as currency because each unit is immutable.
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davis196
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2018, 11:42:59 AM |
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The Blockchain is so simple and yet 90% of the people still don't understand how it works. It's just a bunch of independent computers,who verify transactions by solving complex math tasks. For that work (solving complex math tasks),they get rewarded with bitcoins.This is also known as bitcoin mining.I guess that this is the most simple explanation of all times. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Great drawing, by the way.
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netto7
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September 29, 2018, 01:09:19 PM |
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it same as internet everyone know how to use but don't know exactly what is internet.
if future blockchain use in background like internet use in everything but user don't know what blockchain is
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charlotte04
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2018, 01:51:17 PM |
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Yep, most of people that are in here just want the money behind blockchain and not because for it may give us in the future. It is all about the money and not the technology.
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The Sceptical Chymist
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Top Crypto Casino
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September 29, 2018, 02:04:30 PM |
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OP, that cartoon sums up my feeling about most people in the ICO space. Not all, certainly--there are some incredible geniuses, but I suspect that the average gambler from a poor country just wants to get rich and doesn't understand solutions where blockchains are appropriate, and where they're not. I'm by no means an expert myself, but I'm also not buying into these crazy projects.
All of this reminds me of the late 1990s. Everyone was sure the internet was going to be the death knell for brick-and-mortar businesses, and internet stocks soared even if the businesses had no viable business plan. It was a crazy time then, and it's looking to be almost as crazy now.
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BrewMaster
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There is trouble abrewing
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September 29, 2018, 03:01:25 PM |
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two things are funny about this picture, the obvious fault that people these days have thinking blockchain is the solution for everything! which i was talking about a couple of days ago with a friend, that these days you keep reading in the news that someone started using the blockchain technology. then no matter how much you try to wrap your head around it you can not think of any reason why they would use it! the other one is that the person who did the edit thinks the same way but he thinks DAG is now the solution to everything ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Directed Acyclic Graph is a pretty interesting technology but it (like blockchain) has its usages and also its own disadvantages. (you can find them online with some search). it is not something you use just because you want to be moving where the hype is!
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There is a FOMO brewing...
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vintages
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 29, 2018, 03:29:03 PM |
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'What is blockchain?' 'I don't know '! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) This definitely cracked me up! In as much as it is a joke, it still have a very stong meaning backing it up. It's so unfortunate that a lot of people are merely talking about blockchain but still yet they don't know what it truly means. Some just want to flow with the latest topic just because of the fear of being left out.
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maculeth
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September 29, 2018, 03:37:39 PM |
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I would bet that almost 50% of people who enter the crypto world do not necessarily understand 100% of the blockchain itself. they only know where they will invest and will get profit. I myself only know that blockchain is a ledger that records all crypto transactions.
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Reatim
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September 30, 2018, 01:24:44 PM |
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I would bet that almost 50% of people who enter the crypto world do not necessarily understand 100% of the blockchain itself. they only know where they will invest and will get profit. I myself only know that blockchain is a ledger that records all crypto transactions.
Exactly. Majority will think that blockchain = bitcoin. Lol. Blockchain is the technology behind almost all crypto right now. Anyways, the more people understands the difference the more they're going to be a smart investors. If they heard that some company invested or uses blockchain technology doesn't mean that bitcoin will go the moon. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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darthmaul
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September 30, 2018, 01:40:15 PM |
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Yeah that is something happening right now. People just having hoax about it but not everyone is really trying to make anything out of it. Look at the current ICO project and tell me what you really see? Everyone is now trying to create their own blockchain and thus they are just copying the original one to create their own and forgetting about the original one at all. Whats the point of that if they have their own? Its no better than original as they might claim. Also only devs know rarely what blockchain is but not the common crowd who use the idea behind the project.
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Dod Ong
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September 30, 2018, 01:40:28 PM |
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I think this year the bitcoin can make their bitcoin price bigger, So we need to be focus here on bitcoin this year if we want to have a better earnings. Also I think the bitcoin recover and the bitcoin demand are continuously increasing so some of the beginners are need to focus to learn about bitcoin.
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Chrisjay29
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September 30, 2018, 01:54:52 PM |
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me i more focus on altcoin because today bitcoin is quietly not good to pick invest unless if you want to hold it will be good. but me i want a quick investment thats why im focus on altcoin. altcoin got many choices of token that can possible be pump in any minute thats why i pick in altcoin
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Fenderr
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September 30, 2018, 02:20:24 PM |
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A lot of people in the space now, especially those who came into the space between 2017-2018 were driven by the quick gains crypto offers. Many lack knowledge about the tech, which explains why you see some funny questions during the bearish market conditions like "is this the end of crypto?".
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nokat
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September 30, 2018, 02:21:36 PM |
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Being part of blockchain technology is a whole lot and involves the risk of either loss or gain. It has been the custom for everyone to take risk once you become a participant of blockchain.
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aleksnutis
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October 01, 2018, 04:13:36 PM |
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The whole world is focused on ETF bitcoin. It is enough just to approve the ETF for bitcoin and all the crypto currency media to fill the news tapes with this event. And I personally expect the growth of altcoins to the end of the year.
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Jimbable
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October 01, 2018, 04:52:24 PM |
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I have strong belief in blockchain gaming, so i'll be focusing on it this year. Not gambling, i must point out. There is a quite number of projects that caught my interest, and i've already had some profits from them.
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coolcoinz
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October 01, 2018, 06:09:47 PM |
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The whole world is focused on ETF bitcoin. It is enough just to approve the ETF for bitcoin and all the crypto currency media to fill the news tapes with this event. And I personally expect the growth of altcoins to the end of the year.
ETF won't change anything for the better. Sure the price will go up again, but we don't want people to allow private organizations to hold out keys for us. This is against the idea of Bitcoin. By believing in ETFs we are showing that the idea is not important. The important part is being able to sell our coins for more fiat money ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Good picture OP. It's how hype works. People repeat slogans without understanding them.
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audaciousbeing
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October 01, 2018, 06:33:49 PM |
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As funny as that picture seems, its speaks volume and I can relate with it. I was asked to talk about recent technology and how it applies to my profession. The first thing that comes to mind was to talk about blockchain and its application. Then the question is how do I make a presentation? That was when it dawn on me that, I really don't have enough transferable information about this technology and a lot of people are equally in the same situation.
A lot of the market is focused on peripherals while the main thing that can push for the ultimate goal is being neglected. The onus is one everybody to change the narrative by focusing more blockchain to make it so understandable to everyone that come across the subject matter.
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RodeoX
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The revolution will be monetized!
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October 01, 2018, 06:39:07 PM |
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Saying "blockchain is huge!" Is a way for those who laughed at bitcoin to save face. They were 100% incorrect about bitcoin and can't go back on it without looking like a fool. So they call it blockchain. Which is what bitcoin is.
It is like saying the internet is stupid and wont work back in 1993. Then by 1996 saying that the IP protocol is a good idea though.
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