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Author Topic: What the true believers know but don't express well  (Read 15147 times)
gowobonyok
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March 07, 2019, 07:45:08 AM
 #41

if we continue to buy and bitcoin hodl, bitcoin will continue to exist and its value will definitely increase. even though we have to wait for 10 years.
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March 08, 2019, 05:56:23 AM
 #42

True believers are not Profit hunters.

That's accurate, Unlike the early days of bitcoin when majority of those who engaged with the currency were true believers that saw the technology as a revolution. These days those joining the community are profit seekers and they're coming in their numbers which is contributing destructively to the high level of fud and dip in price resulting from any negative news.

Yes, most early adopters of the technology, saw the massive potential of the technology and they bought loads of coins, because they believed in the technology. < Mostly the "Cypherpunk" community > It was a massive boost for them that this technology became so useful and also increased in value over time.

A lot of those early investors also turned into Crypto Whales and are now manipulating the Crypto markets to generate more wealth for them. <Example : Roger Ver>   Tongue

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March 08, 2019, 07:09:02 AM
 #43

Indeed, many people believe in crypto and continue to hunt for it to make a profit. People still believe in technology that has many advantages and certainly will have benefits. By trading in the bear market and knowing what is really profitable, people will continue to do it for the benefit they get.
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March 08, 2019, 12:45:26 PM
 #44

True believers will hold coins for the long term and play the market with good knowledge.
Shut up but it's dangerous because you already have the expertise and move suddenly to use good opportunities in the market.
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March 27, 2019, 06:29:15 AM
 #45

That is correct. True believers will always be optimistic about bitcoin. They will not easily fall for fuds and will still remain in crypto world no matter what issues that they will throw to bitcoin. As long as true believers still gaining benefits with the short term or long term investments.
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March 27, 2019, 05:25:59 PM
 #46

For the true believers, Bitcoin will always have value as long as it exists.

We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.

The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.

It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.

It's just not logical when you think that the longer bitcoin will be able to make people richer, of course it will definitely be affected by market conditions, let's say something like this to people who buy bitcoin when its position was ATH.
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March 28, 2019, 12:18:10 PM
 #47

That is correct. True believers will always be optimistic about bitcoin. They will not easily fall for fuds and will still remain in crypto world no matter what issues that they will throw to bitcoin. As long as true believers still gaining benefits with the short term or long term investments.
Same as you I truly believe in abilities of bitcoin, it has been rising and falling since long, but it never remains down or remain high forever, if the price falls it means we should buy some coin at low price if the price rises then we can sell the same at higher price, so I trust the abilities of bitcoin it is the most promising investment at the moment.
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March 28, 2019, 12:27:49 PM
 #48

I think that the average bitcoin believer isn't very rich.
From what I've seen on this forum in the past 4 years, I'd say you're most likely correct.  I also get the impression that a lot of members of this forum are interested in earningmoney, not necessarily bitcoin or any other crypto.  In other words, they aren't hardcore crypto enthusiasts, HODL'ers, and they might not even be particularly passionate about what form of money they earn.  Don't get me wrong, it's still good to have people from all over the world earning crypto via signature campaigns and bounties, but I don't suspect a lot of them would continue to be involved in it if those sources dried up.

True believers are not Profit hunters.
I get your point and agree with you, but only to an extent.  My guess is that even true believers want to get rich, and it's only natural for them to want that.  Pretty much everyone does.

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March 28, 2019, 12:35:14 PM
 #49

For the true believers, Bitcoin will always have value as long as it exists.

We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.

The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.

It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.

Along as it exists, the bitcoin will be forever useless and the true believers will use it. More that the profit it gives us, it will be much happier if we use it as a global currency that are free to use anywhere. As long as bitcoin is there, cryptocurrency will makes sense.

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March 28, 2019, 12:47:31 PM
 #50

For the true believers, Bitcoin will always have value as long as it exists.

We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.

The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.

It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.
I understand the long-term values of BTC. But if you invest in BTC now, you won't get much profit within 1 year from now. because it has been nearly 4 months but the price of BTC only increased to over $ 700. This is not a good list for you. I think we should not decide on long-term investment now. Please trade when the market is in good condition.

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March 28, 2019, 01:05:37 PM
 #51

For the true believers, Bitcoin will always have value as long as it exists.

We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.

The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.

It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.

Along as it exists, the bitcoin will be forever useless and the true believers will use it. More that the profit it gives us, it will be much happier if we use it as a global currency that are free to use anywhere. As long as bitcoin is there, cryptocurrency will makes sense.
As mentioned for users who doesn't have a better thinking about the evolution made by technology will find bitcoin useless. People who have known about the growth it has attained in a much shorter time period through bitcoin investment find it much more valuable. What they don't express is the panic, as the market fluctuates there will be panic waves around and it's been consolidated.

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March 28, 2019, 01:23:45 PM
 #52

For the true believers, Bitcoin will always have value as long as it exists.

We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.

The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.

It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.
I understand the long-term values of BTC. But if you invest in BTC now, you won't get much profit within 1 year from now. because it has been nearly 4 months but the price of BTC only increased to over $ 700. This is not a good list for you. I think we should not decide on long-term investment now. Please trade when the market is in good condition.
indeed the current bitcoin price movement is not too much and if you invest when the price is expensive like this is a wrong step because the price is too high and there is no price increase anymore.
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March 28, 2019, 01:32:10 PM
 #53

For the true believers, Bitcoin will always have value as long as it exists.

We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.

The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.

It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.
I understand the long-term values of BTC. But if you invest in BTC now, you won't get much profit within 1 year from now. because it has been nearly 4 months but the price of BTC only increased to over $ 700. This is not a good list for you. I think we should not decide on long-term investment now. Please trade when the market is in good condition.
indeed the current bitcoin price movement is not too much and if you invest when the price is expensive like this is a wrong step because the price is too high and there is no price increase anymore.

That's because we're in a current trend. Eventually it should reverse so don't worry too much about it. As things stand right now, there are likely more true believers in the market than those who have no idea why they're here, or just here for the profit. The bear market did a pretty good job scaring away non believers.


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March 28, 2019, 03:22:59 PM
 #54

True believers will always be optimistic about bitcoin. They will not easily fall for fuds and will still remain in crypto world no matter what issues that they will throw to bitcoin. As long as true believers still gaining benefits with the short term or long term investments.
The reason why it easier for true believers to be optimistic about bitcoin is because of the understanding they have and what those who are causing panic in the market lack understands. So many people are still making money from short term trading even with the market challenge.

Wise investors are busy buying enough Bitcoin to hold for a long time during this bear market. True believers are the real benefactors of Bitcoin and I think rather than keeping all the Bitcoin goodies to themselves they should keep on spreading the good news. Let those that have ear hear. 

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March 28, 2019, 03:39:18 PM
 #55

For the true believers, Bitcoin will always have value as long as it exists.

Do you mean Bitcoin maximalist?  Grin

We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.

Because there are majority who wanted to used Bitcoin more as a currency.

The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.

But it also takes a lot of discipline to hold on it for a long time and when to sell to book more profits.

It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.

The community is growing, just look at how many member we currently have in this forum, it already exceeded millions about a year ago and there are a lot of new faces coming in and in no time pushing the price or believing that the price could increase in the next 2 years.

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March 28, 2019, 03:59:25 PM
 #56

People who are new to the cryptocurrency doesn't know much about the risk associated with bitcoin as well other cryptocurrencies. Who are already the part of cryptocurrency know that bitcoin is all about risk, and even when the market isn't that positive they give good support with lots of hope to the users. This is possible only with the true believers which a non believer can't say with confidence.

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March 28, 2019, 04:04:56 PM
 #57

True believers should be concern about the future step too and ruled out the price because it cannot be called as true believers if they only care about the price only and besides all of it true believers also should be starting their acts to makes the future of cryptocurrency better or at least made crypto became an global currency which is this could be hard task to do so

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March 28, 2019, 04:27:21 PM
 #58

You might have replaced the word “hodler” with the word true believers which isn't a phrase that is really being used enough in the crypto industry. The word hodler is enough to express what you are saying. Just like what BrewMaster said you made it sound bad for a crypto hodler to hear. The Bitcoin community is no way even near to what a cult does. We don't worship BTC or in anyway idolize it somehow as we just only support it as our investment by buying and selling it, some even really use it as a mode of payment to show their support towards it.
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March 28, 2019, 08:10:05 PM
 #59

Many  True believers trust that Bitcoin is the currency of the future, that is casing a revolution in the digital age, but because of instability and lack of  government approval, individual tends to be skeptical of what the future hold for BTC.
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March 29, 2019, 06:20:11 AM
 #60

Indeed, people who truly believe in bitcoin will not waste a moment either and still will hold it in any condition. Bitcoin has become a better investment tool than other assets, and bitcoiners will throw 1 BTC for something more useful, not just profit. True Bitcoiner has a good view of the long term and its survival.

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