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Author Topic: Bitcoin is a religion  (Read 1335 times)
freightjoe (OP)
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December 02, 2018, 02:44:30 PM
 #1

Read the Bitcoin "investors" in this forum and you always see them say the same: "I believe..."

- I believe Bitcoin will go up
- I believe HODL is good
- I believe we will see adoption
- I believe it will go to the moon

and so and...and so on.... and so on

You have no understanding - only belief

Therefore Bitcoin for many people in here is a religion - it is about belief and not about facts and understanding

And religion is an extremely poor investment strategy
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December 02, 2018, 02:50:43 PM
 #2

Read the Bitcoin "investors" in this forum and you always see them say the same: "I believe..."

- I believe Bitcoin will go up
- I believe HODL is good
- I believe we will see adoption
- I believe it will go to the moon

and so and...and so on.... and so on

You have no understanding - only belief

Therefore Bitcoin for many people in here is a religion - it is about belief and not about facts and understanding

And religion is an extremely poor investment strategy

This is so so true! You got me on this! Most of us in the community only believe! And to be sincere- is making folks not to think critically! But i have observed for the past few months my paradigm has shifted greatly! I currently focus more on the technology than the markets!
Wicked Sick
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December 02, 2018, 03:04:17 PM
 #3

I think it's more of a term they generally use for anything, they also use a lot of "i think", but I see you don't mention it, believing is something innate in humanity, but I can't deny that a lot of people see bitcoin as the second coming of Jesus Christ transformed into a digital currency...

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December 02, 2018, 03:08:22 PM
 #4

It's a little exaggerated. Yes, we all believe in Bitcoin, but I guess we don't have to go that far. Pleases calm down and relax Smiley
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December 02, 2018, 03:15:56 PM
 #5

Read the Bitcoin "investors" in this forum and you always see them say the same: "I believe..."

- I believe Bitcoin will go up
- I believe HODL is good
- I believe we will see adoption
- I believe it will go to the moon

and so and...and so on.... and so on

You have no understanding - only belief

Therefore Bitcoin for many people in here is a religion - it is about belief and not about facts and understanding

And religion is an extremely poor investment strategy
my belief in god is only one but I pray to God that bitcoin is given a smooth and easy way, which is getting better prices, avoiding bad people given the ease in mining bitcoin
freightjoe (OP)
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December 02, 2018, 03:20:33 PM
 #6

Read the Bitcoin "investors" in this forum and you always see them say the same: "I believe..."

- I believe Bitcoin will go up
- I believe HODL is good
- I believe we will see adoption
- I believe it will go to the moon

and so and...and so on.... and so on

You have no understanding - only belief

Therefore Bitcoin for many people in here is a religion - it is about belief and not about facts and understanding

And religion is an extremely poor investment strategy
my belief in god is only one but I pray to God that bitcoin is given a smooth and easy way, which is getting better prices, avoiding bad people given the ease in mining bitcoin

You do know you will lose your money - don't you?
Scharfenberger
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December 02, 2018, 03:23:34 PM
 #7

It is very interesting point and, frankly speaking, true. Some people just flock after a new technology or trend without getting in details.
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December 02, 2018, 03:26:11 PM
 #8


You have no understanding - only belief

Therefore Bitcoin for many people in here is a religion - it is about belief and not about facts and understanding

And religion is an extremely poor investment strategy

Bitcoin a religion? God you're talking... How can you combine spiritual (Church) faith and hope that the price of bitcoin will grow? This is bullshit!
Your understanding of religion is very incomprehensible, or you just decided to write some nonsense!

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Captain Sneeze
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December 02, 2018, 03:31:28 PM
 #9

Read the Bitcoin "investors" in this forum and you always see them say the same: "I believe..."

- I believe Bitcoin will go up
- I believe HODL is good
- I believe we will see adoption
- I believe it will go to the moon

and so and...and so on.... and so on

You have no understanding - only belief

Therefore Bitcoin for many people in here is a religion - it is about belief and not about facts and understanding

And religion is an extremely poor investment strategy
I think you are not referring to actual religion but the meaning of religion. Yes, religion is something that we strongly believe and I think as an investor we believe that bitcoin can overcome this falldown. But the wrong is that we dont usually understand the real meaning behind it.
mekie
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December 02, 2018, 03:49:29 PM
 #10

The term "I believe" does not necessarily indicate a religious zeal, it is merely a form of words-they could as easily said "I expect" or "I think".
Indeed I think Bitcoin will recover and I expect this recovery to continue over a long period of time, I don't believe or expect that Bitcoin to die anytime soon. This is not based on religious fervor but on looking at the data available and then making a judgement based on that data.

There is no place for sentiment in business, especially when it comes to money.   

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December 02, 2018, 03:56:04 PM
 #11

Read the Bitcoin "investors" in this forum and you always see them say the same: "I believe..."

- I believe Bitcoin will go up
- I believe HODL is good
- I believe we will see adoption
- I believe it will go to the moon

and so and...and so on.... and so on

You have no understanding - only belief

Therefore Bitcoin for many people in here is a religion - it is about belief and not about facts and understanding

And religion is an extremely poor investment strategy

Is better than a religion because it's real...

And if you see a lot of people believing, let me introduce you to speculation, that's when people aren't sure what will happen but they bases in some factors on the environment to predict the future. But that doesn't mean is an absolute truth, is just speculation.

With the same logic you bring us today, we could say religion is a science, lol.

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geminiboy
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December 02, 2018, 05:58:00 PM
 #12

Read the Bitcoin "investors" in this forum and you always see them say the same: "I believe..."

- I believe Bitcoin will go up
- I believe HODL is good
- I believe we will see adoption
- I believe it will go to the moon

and so and...and so on.... and so on

You have no understanding - only belief

Therefore Bitcoin for many people in here is a religion - it is about belief and not about facts and understanding

And religion is an extremely poor investment strategy
what? believe in bitcoin is religion..you misinterpret a word, 'believe' is widely used in the world that is believing something is not just for bitcoin, maybe you are not ready to lose in this war, you are so stressed because you lose a lot of money your speech is uncontrolled so you cannot distinguish the path of a sentence word

rosemary4u
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December 02, 2018, 08:32:41 PM
 #13

Of course, bitcoin is a religion for all crypto enthusiasts especially those who believe in the philosophy of bitcoin. It is that belief that gives us the confidence that bitcoin really has a very bright future and it is the hope that it would happen sooner than later.
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December 02, 2018, 09:24:05 PM
 #14

It's a little exaggerated. Yes, we all believe in Bitcoin, but I guess we don't have to go that far. Pleases calm down and relax Smiley
Yeah, that's true we must believe in bitcoin that it will recover and give us more profit. Be optimistic to your investment it gain more profit and be calm down when the price value go down.

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December 02, 2018, 10:00:42 PM
 #15

Read the Bitcoin "investors" in this forum and you always see them say the same: "I believe..."

- I believe Bitcoin will go up
- I believe HODL is good
- I believe we will see adoption
- I believe it will go to the moon

and so and...and so on.... and so on

You have no understanding - only belief

Therefore Bitcoin for many people in here is a religion - it is about belief and not about facts and understanding

And religion is an extremely poor investment strategy

Why not start yourself
Show us the negatives in crypto
This is practical thinking
I agree that some here are not familiar with the technical aspect
There is nothing wrong with this,
 knowledge of the fundamentals of crypto it is enough

I feel you are overdoing something.
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December 03, 2018, 12:56:21 AM
 #16

I think we must not overthink that if we believe that something we can say that it is religion. Yes we have different beliefs and i do respect it.
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December 03, 2018, 01:01:50 AM
 #17

I think it’s more a symptom of this website which places a premium on continuous relatively redundant banter or “talk” rather than of bitcoin itself.  The most interesting and informative content on this forum was posted years ago when the community was less about making profits and more about using computers in a new and cool way.  

Bitcointalk will always have a place in history but I just don’t see real utility anymore.  Hopefully they won’t do an ico Wink
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December 03, 2018, 01:03:07 AM
 #18

It's a little exaggerated. Yes, we all believe in Bitcoin, but I guess we don't have to go that far. Pleases calm down and relax Smiley

haha.. I agree! Enthusiasm is always good, but Bitcoin is nothing to be religious about.
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December 03, 2018, 01:12:01 AM
 #19

I think we must not overthink that if we believe that something we can say that it is religion. Yes we have different beliefs and i do respect it.

Exactly, Joe mis-spoke, he meant that BITCOIN is a cult, to call bitcoin a religion is to offend all religions, bitcoin is a like scientology, its just a scam, to separate morons from their money.
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December 03, 2018, 01:14:49 AM
 #20

I think it's safe to say that those who support XRP are orders of magnitude worse than the group you are referring to. It's mind boggling how upset people get if you even dare to point them at XRPs shortcomings.

It has gone so far, that crypto "influencers" on social media carefully choose their words and think it through twice before actually saying something about XRP. Not sure how they got so involved, but it's interesting nonetheless.

They keep pointing at banks coming in and the utility, yet no one of them actually used it for anything, neither do they know if banks are actually planning to use it in the future.....

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