South Park
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November 24, 2018, 05:56:37 PM |
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https://m.youtube.com/watch?v=uP6ATdAxuZwThis amuses me, watch him between 2-6 minutes on this video. He clearly has no idea as to what bitcoin is or what a bitcoin fork is. He compares bitcoin to say it keeps following the dollar based on the price people set things at, however, that’s just funny because it’s like saying the Euro, yen and pound sterling don’t exist as a real currency because our price also gets translate for things like oil from the American price of the dollar and even the place it was originally mined in . That is what happens when someone doesn't have knowledge about something but believes it does, it gives explanations about a topic that he doesn't understand but the problem is that those that are looking for knowledge cannot tell the difference between the information that is correct and the one that is false, so it is likely that he's going to convince many people that he is right.
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cellard
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November 24, 2018, 07:04:40 PM |
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For some reason, a lot of people cannot grasp the concept of a Bitcoin fork, they often believe that when a Bitcoin fork occurs, the total supply of Bitcoin is increased.
So basically, Bitcoin cash forks into a new coin that has 21 million coins, suddenly noobs believe that means Bitcoin now has 42 million coins. No matter how many times you explain to them that increasing total supply of X doesn't change total supply of Y, they think there was inflation there.
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jackg (OP)
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https://bit.ly/387FXHi lightning theory
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November 25, 2018, 05:01:44 PM |
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For some reason, a lot of people cannot grasp the concept of a Bitcoin fork, they often believe that when a Bitcoin fork occurs, the total supply of Bitcoin is increased.
So basically, Bitcoin cash forks into a new coin that has 21 million coins, suddenly noobs believe that means Bitcoin now has 42 million coins. No matter how many times you explain to them that increasing total supply of X doesn't change total supply of Y, they think there was inflation there.
I’ve seen. Lot of that. I’ve never been unsuccessful at explaining it. I think my fastest has to be 30 seconds (because he’s heard the names bitcoin and dogecoin and knew their prices were a lot different). The longest it probably took was a few hours on and off... Don’t leave people assuming there are billions of bitcoins! Especially since the supplies of dogecoin and litecoin are infinite.
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rafi035
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November 25, 2018, 11:31:07 PM |
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In fiat money, the dollar is the alpha currency in the world at the moment. As soon as the dollar collapses - much more people will start to believe in Bitcoin, and then we will get a rise.
maybe what you say can happen because there are no developments and technology that can ensure its development, we can only take advantage of every opportunity we will get
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kingvirtus09
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November 26, 2018, 12:00:39 AM |
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Bitcoin has supply of 21million and demand could be higher if the size of block adjusted. Money has no definite supply this is the problem of the entire world especially U.S.A that they have 23 trillion debt.
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Kiweikoo
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November 27, 2018, 05:04:47 AM |
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https://m.youtube.com/watch?v=uP6ATdAxuZwThis amuses me, watch him between 2-6 minutes on this video. He clearly has no idea as to what bitcoin is or what a bitcoin fork is. He compares bitcoin to say it keeps following the dollar based on the price people set things at, however, that’s just funny because it’s like saying the Euro, yen and pound sterling don’t exist as a real currency because our price also gets translate for things like oil from the American price of the dollar and even the place it was originally mined in . You already said it all, so I’m not going to click that link, cause clicking it would be a waste of my time and listening to something that doesn’t make any sense. Some of these YouTubers irritate me. The things they say doesn’t make any sense, they just want to record themselves and put in YouTube while they say what’s not really making any sense. I don’t even spend my internetdata on YouTube watching all this, not when there are helpful articles to read online.
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zoeylee
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Semi-Decentralized Exchange
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November 29, 2018, 02:19:38 AM |
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In my opinion, we cannot deny the fact that dollar has really influenced the world economy. Sometimes we must not be ignorant of whats happening in our present world so us not to be fooled by anyone.
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Altf4
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November 29, 2018, 08:15:31 AM |
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If other thinks that dollar is the only currency and bitcoin does not fork, I could say that they have only their own opinion and I will disagree with it, bitcoin is also a kind of currency but only it is digital but it fan also fork as other do not agree with it, so even if this is only a digital currency but , it still working the same as fiat and dollar currency.
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fipper
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November 29, 2018, 12:54:10 PM |
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In fiat money, the dollar is the alpha currency in the world at the moment. As soon as the dollar collapses - much more people will start to believe in Bitcoin, and then we will get a rise.
the possibility of your opinion will happen we all can't find out because in my opinion crypto currency was created with the development of time and technology along with the times and the exact technology of crypto currencies will develop also does not rule out the possibility of shifting fiat currencies
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o_e_l_e_o
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November 29, 2018, 08:59:28 PM |
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Some of these YouTubers irritate me. The things they say doesn’t make any sense, they just want to record themselves and put in YouTube while they say what’s not really making any sense. I don’t even spend my internetdata on YouTube watching all this, not when there are helpful articles to read online.
"Some of these YouTubers". You maybe want to watch the video before completely writing it off - its Warren Buffet, the third richest man in the world, not just some random "YouTuber". It is definitely worth listening to what he has to say. Sure, we may disagree with his views, but you have to listen to them and formulate sound and reasoned arguments to refute them. You can't just ignore everything he has to say or write it off as "FUD" as some people in this thread seem to be doing. The man didn't get to his current position by being an idiot.
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Pattart
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November 30, 2018, 02:39:44 AM |
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In fiat money, the dollar is the alpha currency in the world at the moment. As soon as the dollar collapses - much more people will start to believe in Bitcoin, and then we will get a rise.
maybe what you say can happen because there are no developments and technology that can ensure its development, we can only take advantage of every opportunity we will get I think it's almost impossible to make a dollar collapse? dollar users cover the entire world, arguably the dollar is the world currency, the demand is very high. besides that even if the dollar is a colapse, the next option is not bitcoin but other conventional currencies such as GBP or Yuan, but bitcoin might just take part just need time and but not to be the main #imo
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