Bitcoin is a religion

[freightjoe]

religion is a form of core belief that is not centered on a form that cannot be determined. they come spiritually and clearly this cannot be equated with an economic perspective especially bitcoin.

I always see the development of the current situation and find many arguments and even sentiments that can always be fundamentally accountable.

If you equate this perspective with people who really only see passively, I am sure that is true, but I will also believe if they will eventually learn more using logic analysis that has a clearer form.

Anyone still investing in Bitcoin clearly does not have the ability to use logic analysis

[KorakPawon]

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 partly agree about it. Many people believe on bitcoin and what is promised from it. Yes, profits. People are attracted to get lots of profits and hope to become rich by investing in bitcoin. But, I think that's OK, their belief is what makes people stay and it's not too much. Even so, people still lack of ability to analyze the situation logically. 

[proTECH77]

I don't see bitcoin as a religion, for one to believe on technology doesn't mean he/she hold it as a religion but as a true technology striving to the top in short time. The technology behind bitcoin is the tech that brought us into this industry and will keep us till its world wide accepted and adopted. I wholeheartedly believe on religion and equally believe on Bitcoin existence.

[rodrigoaraujo]

The time is to relax and enjoy

[Marbelli]

First of all, you need to think when you invest and I fully agree with the author that many on this forum just blindly believe in Bitcoin

[Wingleness]

I've never come across anyone that does not believe in whatever he's into, let alone investment. Thus having believe in Bitcoin isn't a bad thing as been posted. Most people are very optimistic their investment goes smoothly.

[ict]

In my opinion. there is no connection between bitcoin and religion. we here only believe if bitcoin will recover and we will hold assets as long as possible because if we release assets then we will experience even greater losses. we just convince ourselves and raise our soul to be able to accept the market conditions that are currently happening.

[basyang]

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

Well, I think the beliefs of Bitcoin and Religion is different. Its really a big diffefent, Religion means you are patrionate something like anito, statue and something that you beliefs is a god and bring you a luck. Beliefs in Bitcoin is a thing that you are hoping to happened in the near future. We are not patronizing Bitcoin we are hoping for its success in the future. 

[yecats]

And that's   the only thing   we need  to do  right  now is to  believe that  Bitcoin will  go up this  coming year  and  HOdl    Many  of us  believe   because they  have  this  analysis  or technical analysis  of Bitcoin. 

[AimHigh]

This is so funny that bitcoin  is a religion  but this is absolutely  right and I admitted also that I've  always saying this kind of words. Specially  this time of dumping/falling the value of bitcoin that we are now taking a risk for us to earn when the value rise up again. We always saying this time that we are believing that bitcoin value was rise and we need to hold.

[Dexion]

yes, we believe that BTC will create more bullishness, and BTC also has a good future, but BTC is not the same as religion, because religion is not for predicted.

now, we only speculate on a chart that has no definite value. and trust is part of our loyalty to BTC.

[gesdan]

hmm, you are right, but maybe from their speculation is bitcoin will increase, so they talk believe in their word. maybe believe in bitcoin is not good. maybe they can use another word.

[Andam76]

in the crypto world we are only required to be confident and trusting ... without it all it is impossible for people to invest in bitcoin ... but you are very wrong if judging bitcoin is a religion ... understanding of a religion is very different from bitcoin

[Belec]

Bitcoin is far from being a religion, bitcoin is a crypto currency, they say i believe becouse some people say if you put some thing in the universe it comes true.They want the price of bitcoin to grow,when they say i believe HOLD is good they do not mean like its a religion its just their thought.

[drachman]

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 will admit that I make that mistake from time to time as well, instead of showing the evidence of why I think bitcoin will go up in price or why I think a particular positive scenario is going to play out in the future for bitcoin I use expressions like the ones that you mentioned but that is because sometimes I forget that there are many people that do not share the same views that I have.

[tiktak89]

You exaggerate by calling bitcoin a religion. Not at all. But without faith in the success and prospects of bitcoin, you are unlikely to achieve success in investing.

[Udrujec]

We just have nothing left but faith in bitcoin, especially when the price fluctuates so much. Especially if you are investing in the long term, then you should be confident in bitcoin and continue to support it with your faith in its future success.

[rtm125]

In fact, sometimes I jokingly think so. Now we have to strongly believe in the prospect of bitcoin both as an investment and as a currency. Otherwise, I would have just sold my coins.

[triciaa478]

There is a believe in bitcoin by almost all member on this forum. Bitcoin and cryptocurrency is all about speculation and it only believe that makes it as a religion by its members having faith in it.

[btc-room101]

religion is a form of core belief that is not centered on a form that cannot be determined. they come spiritually and clearly this cannot be equated with an economic perspective especially bitcoin.

I always see the development of the current situation and find many arguments and even sentiments that can always be fundamentally accountable.

If you equate this perspective with people who really only see passively, I am sure that is true, but I will also believe if they will eventually learn more using logic analysis that has a clearer form.

Anyone still investing in Bitcoin clearly does not have the ability to use logic analysis

Joe, why do you even buy into the language of these 'cultists', Bitcoin was never an 'investment', it was always speculative gambling, a 50/50 roll of the dice, which by definition is a fools game.

Even Satoshi's own white paper uses the rule of 51% F=2*P-1, where P is probability of a win, when it's 0.5 you bet zero, any other bet is a moron bet. Satoshi, uses the same 'law of large numbers', to prove that if 51% of a group are 'good' then the 'virtual currency' can be trusted, and that's fine and dandy, but long ago BITMAIN became 99% principal producer of mining hw, and thus 51% is just another urban-myth that is kept alive in the minds of the flock.

Investing is getting sure thing ROI on your money.

Back in the day MINING bitcoin was ok, but that game is long over, in fact the entire crypto space now no longer makes money mining, so now the only game for the exchanges and other leaders of this cult to fleece the flock is to get them to BUY VIRTUAL-CURRENCY, which can only be spent in Heaven, as they MUST wait to spend their VC and HODL.