amishmanish (OP)
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June 27, 2021, 05:48:20 AM |
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From Twitter to Reddit to this very forum where the seeds for the whole Bitcoin and crypto ecosystem were planted, you can see that people are free to say whatever they want about predictions of Bitcoin going down. Nobody stops you from doing that because there is no Bitcoin corporation. All that Bitcoin has is people who believe in its economic and political importance, those who understand decentralization and those who get what PoW is about. It has a lot of haters who hate bitcoin because it is not making them rich, it made someone else rich and they envy that, it doesn't let their shitcoins become 100x because Elon Musk doesn't understand it. There are plenty of reasons for these people to hate bitcoin.
Yet, all these haters are basically puny, fearful people who fear about not ending up rich. Those who get bitcoin, don't necessarily care about getting rich. They have been her when haters were not here. They will be here long after haters have found their shitcoin niches and gone away. It does not matter. Bitcoin carries on.
To all the newbies who keep hating on bitcoin, just understand that by the time you realize that only bitcoin can save your asses, it'll be too late. If you don't have the conviction and money, DO NOT BUY BTC. Go gamble your money on the PoS chains. Make your hundreds or thousands. Just remember that if you don't hodl BTC, you are just living on a prayer.
No matter how much you guys get fearful and hateful for bitcoin and its community, it'll continue being what it is. This is about the long term and about opening our minds to an understanding of the intricacies of the powerplay that has always guided history. The more people understand it, the more they'll know the importance of hard, honest work and open source money. And no matter how much it falls or how much it goes up, some of us will continue to stack.
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TheUltraElite
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June 27, 2021, 06:01:02 AM |
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I still think those who call that are actually bullish and hoping that someone reads that topic and sells their BTC so the topic creator can buy that dropped bitcoin. Classic manipulation seen in a unregulated market, but it helps accumulate bitcoin for the ones who want to accumulate it.
There is a lack of knowledge and added government's raised eyebrows putting a negative thought on crypto in many countries. But just like conspiracy theories are very difficult to clear out, similarly these contexts are also difficult to make people aware of unless they want to get involved themselves.
Altcoins and PoS stuff have been on the craze, but where did they come from? They came from the shadow of bitcoin's huge price.
I think we can both agree on the fact that 1BTC in our country's currency price, is a huge amount. One can argue that one does not need 1BTC to start off, they can start with fractional amount, but that does not reach out to the public who can see altcoins as a sort of "rescue" coin to buy when they cant afford BTC.
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Welsh
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July 01, 2021, 10:29:07 PM |
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I agree with whats been said to some extent, although Bitcoin most certainly isn't immune to criticism. There are definitely shortcomings, and issues which ideally need to be addressed, and fixed in the future, if we are to increase adoption. Along with other issues out of the control of fixing; volatility isn't great for convincing people that Bitcoin is a currency, and just a investment opportunity.
Although, as suggested above those that are on the extreme level of criticizing Bitcoin, either lost Bitcoin recently due to their actions or they are trying to influence, and manipulate the market. Obviously, they don't quite understand how to do that, and therefore resort to random claims on a internet forum.
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jackg
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July 01, 2021, 10:58:48 PM |
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The only reason people would be bearish imo is due to impatience or them expecting large corporations will try to "control" bitcoin's price as some have actually potentially managed to do in the past.
There's always going to be a bear, we saw it when bitcoin was around 3k for a long time, there were a lot of bears and the bulls had been bullish for a while (the high profile ones were still likely in profit).
I'm not sure I care too much about the investors that come here just because of the hype, if they're not interested in the technology, they were probably going to lose their money anyway.
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verita1
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It is certainly not easy to convince people to invest in bitcoin and explain the risks of volatility and its benefits. As some analysis on bitcoin shows. They say it is still in infancy.
I have also perceived the hatred of bitcoin, we are at an extreme between bitcoin and the shitcoins that abound everywhere. While the price of bitcoin is shown ATH all altcoins also win the moment, Bitcoin is the leader and the King.
As long as we trust in the principles of bitcoin we can take it where we want, in the union is the force as the popular saying of crowds.
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mk4
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July 02, 2021, 12:37:39 AM |
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You know what boggles my mind about this? Is that why the heck do some Bitcoin bears spend so much time posting in this forum. If you don't think bitcoin has value, then you simply move on and forget it; not spend hours and hours arguing about it. I mean, I personally don't see the interest in NFT art but you don't see me talking about it all the time.
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joniboini
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July 02, 2021, 01:17:33 AM |
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As long as we trust in the principles of bitcoin we can take it where we want,
This is the key issue. Most people 'invest' or use their money these days because they see the relatively quick gain compared to traditional markets. Believing in the value of Bitcoin and crypto is definitely harder to do so if they see their wallets bleeding every day. They should do it in another way imo. Starts understanding Bitcoin and judge its value. If they don't have enough confidence then don't put your money on it. After that, just chill and do something else. Sadly, most of them really like to torture themselves with day-to-day worries.
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amishmanish (OP)
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July 02, 2021, 04:26:39 AM |
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You know what boggles my mind about this? Is that why the heck do some Bitcoin bears spend so much time posting in this forum. If you don't think bitcoin has value, then you simply move on and forget it; not spend hours and hours arguing about it. I mean, I personally don't see the interest in NFT art but you don't see me talking about it all the time.
Your point about NFT also brings a thought to mind that there are people who actually want to see such things on the Bitcoin network too. Some of the first NFTs were on counterparty which used the Bitcoin Blockchain (As per their website, how exactly, I'll have to see). A lot of the DeFi innovation has already been done for much longer than we realized. Like this website for Rarepepes. As @TheUltraElite and @Welsh said, it all came due to the Bitcoin price appreciation. There will always be a group of believers who will want to use service on the Bitcoin chain rather than on the new corporatized chains. Yet, there will be those who want to do it fast. There was a viewpoint that Alt-chains are essentially experiment grounds and Bitcoin will eventually incorporate the things that work on them. Some of these bitcoin haters seem to believe that if not for bitcoin, there own vanilla chains would have pumped their bags. This is one of the worst notions out there which a lot of impatient newbies find attractive and then start clinging to. That too seems to be the reason behind this sense of belligerence against bitcoin community.
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mk4
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July 02, 2021, 04:54:37 AM |
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Same as other bears or what they call hedge fund managers in other markets, they want to short the market and make money out of it, these types of people are the kind that benefits from negativity that they emanate.
Investors and hedge fund managers that are bearish on Bitcoin and speak against it on television are one thing. But bears on an online forum? Their negative effect on the Bitcoin market is as minuscule as some crazy homeless dude in Wall Street screaming that the stock markets is going to crash.
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Lorence.xD
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July 02, 2021, 05:01:02 AM |
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Investors and hedge fund managers that are bearish on Bitcoin and speak against it on television are one thing. But bears on an online forum? Their negative effect on the Bitcoin market is as minuscule as some crazy homeless dude in Wall Street screaming that the stock markets is going to crash. I like the way that you put it like they are just some vagrant in the streets, even though they are a vagrant shouting nonsense, the panic they cause is still enough for newbies to panic sell though. I can get behind that but the problem is when the whales that are doing it.
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TheUltraElite
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So anyway, I applied as a merit source :)
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July 02, 2021, 06:03:27 AM |
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Firstly it feels good to see this topic back up again. I was thinking my last reply was the end of the thread. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Investors and hedge fund managers that are bearish on Bitcoin and speak against it on television are one thing. But bears on an online forum? Their negative effect on the Bitcoin market is as minuscule as some crazy homeless dude in Wall Street screaming that the stock markets is going to crash.
That image of crazy homeless dude on Wall street is so vivid. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Seriously people can think about immense destruction but can any of them use their imagination to create and develop something new? Thats human nature to call bad things that are beyond one's reach. Being sane on the market and allowing all sorts of news to work its way in the market is the point of trading. Hence these are mostly shills trying to cause panic. Which is why I suggest newbies to stay away from r/....everything ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) I like the way that you put it like they are just some vagrant in the streets, even though they are a vagrant shouting nonsense, the panic they cause is still enough for newbies to panic sell though. I can get behind that but the problem is when the whales that are doing it. Just like when two opposing political parties are trying to shake the land, they get their followers to do things for them similarly, whales make the newbies cause panic and they take advantage of the panic. It is an unhealthy thing to do but hey, who is to judge when you can make money off the streets and it is not regulated by anyone.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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aoluain
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There is definitely a motive to the creation of these "Bitcoin Ded" threads and that is to relieve newbies of their recent investment. The useless threads may sound useless and ridiculous but when timed right to coincide with big market movements can actually add to the FUD. We have seen this in the latest price correction. The only people who sold are the ones who chose to and the ones who panicked.
Its hard to measure how effective these nonsense threads are, all we can do is to try and bombard them with sense.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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davis196
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July 02, 2021, 06:36:44 AM |
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You know what boggles my mind about this? Is that why the heck do some Bitcoin bears spend so much time posting in this forum. If you don't think bitcoin has value, then you simply move on and forget it; not spend hours and hours arguing about it. I mean, I personally don't see the interest in NFT art but you don't see me talking about it all the time.
Bitcoin haters are basically just trolling.They want attention and they get that attention in a toxic way-by hating and shitting on something,that has fans and supporters. There were a few BTC trolls on the forum,all of them are in my ignore list.There's no point of wasting time arguing with trolls.You can't convince a troll that you are right. I small part of the Bitcoin haters are newbies,who just got scammed or lost money due to panic selling and this made them butthurt about Bitcoin.People always put the blame on someone or something else for their own mistakes.
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Kong Hey Pakboy
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July 02, 2021, 06:41:31 AM |
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There is definitely a motive to the creation of these "Bitcoin Ded" threads and that is to relieve newbies of their recent investment. The useless threads may sound useless and ridiculous but when timed right to coincide with big market movements can actually add to the FUD. We have seen this in the latest price correction. The only people who sold are the ones who chose to and the ones who panicked.
Its hard to measure how effective these nonsense threads are, all we can do is to try and bombard them with sense.
That's the reason why they create those threads, to sow fear among the people when the time comes. The panic is what fuels them to do it all over again, remember that this type of people are depraved of physical attention so they try their luck on the Internet to see if they can get any attention even if it's a negative one.
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Bttzed03
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July 02, 2021, 07:19:08 AM |
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There is definitely a motive to the creation of these "Bitcoin Ded" threads and that is to relieve newbies of their recent investment.
Some threads are created by smart ass people to flex their intelligence and not exactly to create FUD because they have no funds to buy. Some of them are probably just students/jobless begging for attention and money. I don't want to mention names but you can probably have an idea if you've been visiting the economics board ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Dhoe
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July 02, 2021, 07:33:29 AM |
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bitcoin comes to give new challenges, gives new spirit, many countries have taken advantage of bitcoin, big companies, rich people are all involved in bitcoin, this is a free forum, so if someone says bitcoin is dead, maybe they want to take advantage of the situation, this is not only happening in bitcoin, all markets do the same path, the goal is only one, want to take profit, when we start to waver with the number of negative posts, it's those who are sneaky, continue to collect bitcoins, to increase their assets,, before we swallow something we better taste it first ..
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cotton ball
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You have to touch it before you touch it, before you swallow it, you should taste it first, because we all know that sweet can sometimes be a disease, bitter can be a medicine, everyone in this forum is free to have an opinion, some want to seek sympathy, some want to seek sensation. , there are also those who want to take advantage of the situation, some say bitcoin is dead, maybe the goal is for us to sell, and he is ready to buy, so he wins but we lose
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ropyu1978
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July 02, 2021, 07:55:04 AM |
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for dead bitcoin maker, my question is only one, how much profit will you get, after you post dead bitcoin?? I really believe in anyone who posts negative things about bitcoin, and what's worse is that bitcoin is dead, their goal is only one, they just want to scare the weak hands, so they are more free to do what they want, which is I'm sure they want to take advantage of the odds.
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amishmanish (OP)
Legendary
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Activity: 1904
Merit: 1158
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July 02, 2021, 08:06:45 AM |
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Investors and hedge fund managers that are bearish on Bitcoin and speak against it on television are one thing. But bears on an online forum? Their negative effect on the Bitcoin market is as minuscule as some crazy homeless dude in Wall Street screaming that the stock markets is going to crash. I like the way that you put it like they are just some vagrant in the streets, even though they are a vagrant shouting nonsense, the panic they cause is still enough for newbies to panic sell though. I can get behind that but the problem is when the whales that are doing it. There was a time when r/bitcoin had to fight off a lot of concern-trolling and astroturfing. What if the hedge funds may well have found the holy grail of having a highly liquid asset on which they can call longs and shorts aided by concerted astro-turfing. Though it seems that the market moves on macro news these days, not on the forum or reddit sentiment. First it was Elon Up, then Elon Down then China down. Now we are trending sideways. Next breakout will be whenever Musk and Jack have "The Talk". There is definitely a motive to the creation of these "Bitcoin Ded" threads and that is to relieve newbies of their recent investment.
When we try to grab these newbies by the collars to save them from jumping off the cliffs, they sure don't like it. We keep telling them not to buy more than they can afford but they leverage. We tell them that DCA is better to manage risk, they FOMO all at once.. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Some threads are created by smart ass people to flex their intelligence and not exactly to create FUD because they have no funds to buy.--snip--
LOL. Show me ONE of these guys who is smart. Most times their intelligence consists of an irrational exuberance about the benefits of PoS and TPS claims made by centralized coins. Firstly it feels good to see this topic back up again. I was thinking my last reply was the end of the thread. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) I had a similar sentiment. We need to memeify this topic with memes about haters versus hodlers.
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 02, 2021, 08:08:21 AM |
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I never think much about those people because I trust bitcoin and I hope those people can learn more about bitcoin so they know that bitcoin is not as they thought. If they do not want to learn about bitcoin, then that will be up to them and let them keep say bad about bitcoin. We do not have to listen to them because they will never want to learn bitcoin. But if bitcoin can help many people someday, especially helps many members here, they will regret it because they never want to know about bitcoin.
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