Bitcoin is worthless, but in-game currency or tokens are priceless ...yea right!

[carlfebz2]

I had this similar inkling towards a certain game as well. Perhaps many of you guys here know Cabal NA. I was ranked on that server with one of the highest, maxed-out gear in 2019 before I quit and believe me, it's nuts that I literally spent thousands of $$$ just to get that strong--and people are also willing to give you more than what you invested for the said character. My stint in Cabal NA lasted for 9+ years before I moved countries and settled on the country I'm currently at. The amount for me is ridiculous, amounting to $5000 for my investment and sold everything for $8500. I already knew things about bitcoin but even then I still chose to invest more on character rather than bitcoin. Guess that's just how some games affect the mindset of some people chasing that number one spot.

Well, actually this statement of yours does really have a point thats why some or even most people would really have that kind of aim in mind on trying to be the top player or on top ranks
because they do know that it can really possible be sold in future in much more value but it actually depends on the demand and popularity of the game which the said account would really be worth of .

I have experienced when selling out my MU account which i have spent some thousand bucks and sell out even more.We arent saying that it is worth to spend on but there
are circumstances which do have exceptions and thats the mind of other people.

[maxreish]

Such a meaningful idea. And glad you made up his mind and influence him. Though not all players will be convinced, but the way you explained it to him definitely will change his beliefs about bitcoin. This is something we can also show to those who are spending something online but doesn't give a value at the end. For some, they can actually sell higher levels of their account but still deficit when you will imagine and calculate all the spent diamonds, etc.

[Debonaire217]

Perhaps, this is because the person can see the value of the in-game credits because it improves his gameplay, it benefits him the same way how we see bitcoin which provides us with services that we can use to make our life easier. It is just that, there are some comparisons where bitcoin is more superior but people didn't see at as they already have their beliefs. Maybe because we all have different nature and background, but what we just need is a strong argument like this, and not to force someone to buy and accept Bitcoin.

Applause for this great execution of the idea. This should be our way of attracting people into bitcoin. Turn the table and make them feel how good bitcoin is.

[MCobian]

Your friend is truly a true gamers, spending $ 20 a week just to buy diamonds in games. Which is very useless, maybe that hobby really
can't be valued with money. The way you promote bitcoin is very good, no need to argue only show the truth and prove successful. Most of
us are wrong in promoting bitcoin, so bitcoin users are still few with bitcoin which is more than 10 years old. We should show the truth of
bitcoin, surely people will be easily attracted.

[lienfaye]

You just made him realize that the money he spend on the game will (regardless if its for his entertainment budget) be more worth it if he instead buy bitcoin, and now he become a bitcoiner too. I hope thats how easy to explain to someone the advantage of investing on bitcoin. Many people are not paying attention because it has no physical features unlike fiat or gold, but aside for being a digital currency it can be a way also to earn money if only you understand the importance of engaging yourself in crypto.

[pooya87]

This guy are now buying $10 worth of bitcoins weekly and still spending $10 on his Diamonds for the game. He send me a screenshot of his bitcoin balance and he is very proud of this investment.

it seems to me that you just created yet another speculator who is more interested in making more $$$ from bitcoin than understanding what bitcoin really is! and that is not something to brag about
not to mention that the same person is going to curse you and leave bitcoin behind if for example price fell from $9700 to $9000 this week.

[davis196]

I don't understand the people,who are addicted to feemium games like Forge of Empires.
What's the point of buying the in-game currency (In this case-"diamonds"),when you don't make any money out of it.Spending money to increase your success and level in a game seems totally stupid to me.
I thought that only kids and teenagers get addicted to such freemium games.
"Bitcoin is worthless,because it's not physical" Yeah right,the digits in this guy's bank account are worthless,because they are not paper money.  

[Lorence.xD]

People have different vices in their lives, and most of them don't want to give up no matter how bad they are. Smoking is without a doubt bad for your health, but also for the health of everyone in your vicinity, but still a large percentage of the world's population smokes and does not pay too much attention to the price. If we take the example of smokers who consume only one box (20 cigarettes) per day and that the average price of such a box is around 5 EUR (EU) we come to the following figures.

• 5 EUR x 30 days = 150 per month.
• 150 EUR x 12 months = 1800 EUR.
• 10 years of smoking = 18 000 EUR.
• At current price smoker waste 2 BTC in 10 years.
• Coffee, alcohol, fast food + all other bad habits = 18 000 EUR extra?

I would say there are always better ways to spend money, but it's all a matter of choice - some people say "you only live once" and "you have to die from something".

In my opinion, no matter how much money and how you spend it is on your own personal choice, people should not care about what you do with your money, even though they are vices, we can't simply just barge in and hinder their personal decision. I agree that smoking is bad and I like that having a reminder of the money that they spent on their vices, but that is where all the help you can do for them, that phase is the time that they are going to decide for themselves. After all, why save people when they are not asking to be saved.

In regards to the gaming currency versus bitcoin, it is also a matter of personal choice because people have to sate their need for entertainment and enjoyment, life is not always about money, it is just a contributing factor to happiness. Life should be a mix-up of fun and finance because a life without happiness is a bland and boring journey.

[Stedsm]

While it was about this game, I'd also like to add one of my experiences that had the almost same story but there was a minor difference:

One of my friends contacted me in late 2017 (late after we met in 2010, so 7 years later). During our talks, he told me about his gambling addiction and how he used to will a million rupees with just 10k INR. He made a fortune for himself (that's what he thinks about his winnings) but I thought out of the way and asked him whether he knew about BTC. He said yes, he knew about it. He then asked me what's the catch? Why did I ask him about Bitcoins? Then I told him that what if he'd have invested that 10k INR in BTC and instead gambled with BTC? The winnings he'd have made would have been around at least 10 times if not 20. He told me what if the price could have been dumped. I asked him whether he bought any BTC after seeing the 2013 pump and then when it dumped down back to $300? He said no. I then asked if he bought any when BTC was $3k after reaching its new ATH at $20k? Once again, he said no. I showed him and asked him to calculate what his risks of buying BTC and gambling with it could have been worth today, if he'd have just bought it at its low and kept some. He could have got 1 full BTC for 10k INR when it was $200-250 and if he'd have made it 100 BTC (as 1 million INR is 100x 10k INR), his 100 BTC would have been worth a million dollar, which means he would be having at least 7.70 crore rupees on hands as of today.

[Kakmakr]

This guy are now buying $10 worth of bitcoins weekly and still spending $10 on his Diamonds for the game. He send me a screenshot of his bitcoin balance and he is very proud of this investment.

it seems to me that you just created yet another speculator who is more interested in making more $$$ from bitcoin than understanding what bitcoin really is! and that is not something to brag about
not to mention that the same person is going to curse you and leave bitcoin behind if for example price fell from $9700 to $9000 this week.

You are missing the point of this thread by 20 Miles my friend. The point was never to "brag" about me or to create any speculator.. it was about opening people's closed mindset towards Bitcoin. This person made the statement that Bitcoin was worthless and I used the "Diamonds" that he was buying in that game as an example to open his eyes to what true value is.

Yes, the price might drop tomorrow or a week from now.. but this person now realized that in-game currencies or tokens might be less valuable than Bitcoin. Also remember that the price might increase and then his bitcoins might be more valuable than when he bought it.

I highlighted the dangers and the risks of Bitcoin and that it is not supposed to be an investment..but rather a currency that should be used daily and he understands that.    

[maydna]

That will not be a problem if you get an open mind person who can accept other people suggestion because that people care to him and want to give a chance to change his mind and his life. I have an experience about explaining bitcoin to an open-minded person too, and the story ends with he started to invest in bitcoin monthly. That is a moment which he says that I realize that the world has changed, and if we cannot follow the world, we cannot have a better life. Bitcoin brings a chance for me to have a new type of investment, so I follow the path, and now, I am trying to invest in bitcoin monthly.

Many people easy to accept another information from other people but some other is hard to take it because they still believe that the world still the same until now, and they cannot accept the change from the world. But we need to decide what we want to do for our life because only we will know what we want. But I agree that we must not force people to buy bitcoin, let them realize by themselves, and we only need to wait for the light to turn on.

[hatshepsut93]

it seems to me that you just created yet another speculator who is more interested in making more $$$ from bitcoin than understanding what bitcoin really is! and that is not something to brag about
not to mention that the same person is going to curse you and leave bitcoin behind if for example price fell from $9700 to $9000 this week.

And just telling people to buy BTC without teaching them about it is quite irresponsible, there just so many things that can go wrong. Maybe the guy will leave his coins on exchange and will get hacked, or will install malicious wallet that will steal his coins, or will lose his private key backup by being careless like people usually are with passwords. And then there's shitcoins like Bcash preying on newbies, and cloud mining, ICO's and other scams.

[Lucius]

Yes, I totally agree with it! It's a matter of choice, always! There will always be better ways to spend money, but it all depends on what we want to do with our money!

In my opinion, no matter how much money and how you spend it is on your own personal choice, people should not care about what you do with your money, even though they are vices, we can't simply just barge in and hinder their personal decision. I agree that smoking is bad and I like that having a reminder of the money that they spent on their vices, but that is where all the help you can do for them, that phase is the time that they are going to decide for themselves. After all, why save people when they are not asking to be saved.

It would be really frivolous to tell someone what they will do with their money, but my post was more focused on the fact that people are constantly saying that Bitcoin is too expensive, even 5 years ago when it only cost $200. But at the same time, these same people spend quite a lot of money on cigarettes, drugs or alcohol, which is in a way their right - but it's actually not just throwing money in the wind but also endangering their own and other people's health around them. Everyone should draw the line and calculate how much they can save in just 10 years if they start acting responsibly towards themselves, money and health.

Some people laughed at me personally 5-6 years ago because I believed Bitcoin had a bright future, and today they are sorry because they missed the opportunity. I'm not saying that someone should invest everything they have in Bitcoin, but that they should think about how to make their lives better and how to preserve the value of what they have today.

In the example I showed, a person who spends 10 EUR a day spends an incredible 36 000 EUR on cigarettes, alcohol and fast food in 10 years, and that is only if he/she is a moderate smoker (one box a day), and if he drinks one beer and eats one hamburger (I'm talking here about an EU average price).

[FlightyPouch]

I hope those people I talked about it are like that. They think, they accept that mistakes and make something out of it but in my case, no. I could say that most of the people I talked about bitcoin are egotistical that if they don't want to, they don't want to. They don't want to accept that they have their mistakes where they should have a profit but they don't. If they think it is a scam, they'll die thinking like that, that kind of people. Some changed but they never even talked about it to me, I just found it in an exchange where they are sending btcs to other people, most of them stayed the same.

[Kakmakr]

I hope those people I talked about it are like that. They think, they accept that mistakes and make something out of it but in my case, no. I could say that most of the people I talked about bitcoin are egotistical that if they don't want to, they don't want to. They don't want to accept that they have their mistakes where they should have a profit but they don't. If they think it is a scam, they'll die thinking like that, that kind of people. Some changed but they never even talked about it to me, I just found it in an exchange where they are sending btcs to other people, most of them stayed the same.

Always remember, it is not our duty to force people to adopt this technology. We show them where they might be mistaken about something and we plant the seed for something more to happen.

People do not like to be told what is good or bad for them, they want to brag to their friends that they discovered something by themselves. We plant the seed and water it and if the ground is good, the plant will grow. 

Some people plant weed (misinformation) and we remove and destroy those weeds with the truth. 

[Lorence.xD]

It would be really frivolous to tell someone what they will do with their money, but my post was more focused on the fact that people are constantly saying that Bitcoin is too expensive, even 5 years ago when it only cost $200. But at the same time, these same people spend quite a lot of money on cigarettes, drugs or alcohol, which is in a way their right - but it's actually not just throwing money in the wind but also endangering their own and other people's health around them. Everyone should draw the line and calculate how much they can save in just 10 years if they start acting responsibly towards themselves, money and health.

Some people laughed at me personally 5-6 years ago because I believed Bitcoin had a bright future, and today they are sorry because they missed the opportunity. I'm not saying that someone should invest everything they have in Bitcoin, but that they should think about how to make their lives better and how to preserve the value of what they have today.

The point you are making is valid and I agree with what you are saying that all people should have the financial literacy to help themselves and to stop or atleast minimize their vices but that is not the thing that I am pointing out, the thing is that no matter how much you want to help people by reminding them with how much money that they waste on vices and telling them that they are wasting their money on useless thing, you will come off as an annoying guy, you may advice yes but you can't force them to change. I too have my own vices which is buying videogames (though I am buying them when there is a sale). Again I would say it, why save people when they do not want to be saved.

[Ridwan Fauzi]

Good story here, I always find the people who argue that bitcoin is worthless but I never successful to make him believe to bitcoin. I can't say bitcoin is useful because he has another opinion against it especially I stuck with government regulation.

I can't confince that he will be find when holding bitcoin whilst our government still have a chance to ban it and will make we can't access our bitcoin and withdraw it to money fiat.

That is why I have another important which should tell to someone who don't believe to bitcoin is to convince bitcoin will always be valuable in the future. At least they will be aware of it and will try to hold although a little amount of bitcoin.

[rhomelmabini]

No shit but this was similar to my convo with my GF last night. I was persuading her many times that we should invest even $100/month on bitcoin but she's the kind of worrywart in terms of investments and more like the conservative type. Just last night I message her that "Say what, bitcoin is ranging $10k now. If we invest our money during the time I'm talking about it to you that's worth it now and it will even worth it for the longer term" and just that I guess she felt regretful but good thing she agreed on what we talked from the past and I think she's bullish too by now.

I said to her by 2021 or even beyond that, the money we invested in it will be worth it but I think she's still having doubts like "Will it goes to zero or not?" that kind of questions but as I said to her this is now or never and immediately cash-in the money this morning since bitcoin price gets lower. I think people just needed a reason to find something over a matter that has worth before they really dived in.

[supine]

-Snip

Great job I also have been in the same spot I used to invest in some games that I played but back then it was really for entertainment.
If only there was someone like you who opened up the door for me I could have invested earlier and saved so much money instead of wasting it on some games that I would get bored eventually.
Now I am still playing games but I choose carefully what games I would play and if I could get something while playing it if I could use that game to make money,
But there are also some games that I play because it is fun and a way to spend some time with my friends.

[pooya87]

This guy are now buying $10 worth of bitcoins weekly and still spending $10 on his Diamonds for the game. He send me a screenshot of his bitcoin balance and he is very proud of this investment.

it seems to me that you just created yet another speculator who is more interested in making more $$$ from bitcoin than understanding what bitcoin really is! and that is not something to brag about
not to mention that the same person is going to curse you and leave bitcoin behind if for example price fell from $9700 to $9000 this week.

You are missing the point of this thread by 20 Miles my friend. The point was never to "brag" about me or to create any speculator.. it was about opening people's closed mindset towards Bitcoin. This person made the statement that Bitcoin was worthless and I used the "Diamonds" that he was buying in that game as an example to open his eyes to what true value is.

Yes, the price might drop tomorrow or a week from now.. but this person now realized that in-game currencies or tokens might be less valuable than Bitcoin. Also remember that the price might increase and then his bitcoins might be more valuable than when he bought it.

I highlighted the dangers and the risks of Bitcoin and that it is not supposed to be an investment..but rather a currency that should be used daily and he understands that.  

maybe i missed it. but i didn't get the feeling of bitcoin being introduced as a currency from your starting post. if you did what i highlighted in the last line in this comment then i'm sorry to have misjudged your actions, it was indeed a good move.