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Author Topic: I love Bitcoin  (Read 1597 times)
umbara ardian
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July 01, 2023, 02:35:34 PM
 #161

Bitcoin is a bright star in the market that makes little known about the technology behind it, which is also an equally bright star: blockchain. One can imagine Bitcoin as the boss of a contest and Blockchain as the organizer. The organizers are responsible for distributing the questions to the contestants and keeping the contestants playing according to the rules. And the boss will take on the glorious task of giving gifts to the winners. So the fact that it was created as a gift, although it cannot be held by hand, makes its value very "real".

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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July 01, 2023, 04:49:32 PM
 #162

If only there was a time machine!

Yes.. right now.

You can choose to buy some or you can wait until later when the price is likely to be even higher.  That's up to you regarding what to do.. and how to do it, if you decide to do it, rather than merely wishing that you had done something earlier.. and the fact of the matter, is that you ONLY have now.. there is no such time machine that will bring you back and then you still fail/refuse to act and whine about it later.

I am grateful to Satoshi Nakamoto, the anonymous creator of Bitcoin, for introducing this transformative technology to the world. Bitcoin has not only simplified financial transactions but has also paved the way for further innovation in the form of cryptocurrencies and blockchain technology.

Fuck shitcoins.

You sound distracted. 

Think about bitcoin first.. that other stuff that you mention about "paved the way for further innovation in the form of cryptocurrencies and blockchain technology" is gooble-dee-gook.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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July 01, 2023, 05:26:44 PM
 #163

People who use Bitcoin and know well about  bitcoin, They love Bitcoin.There are also many reasons that make me love Bitcoin and one of my favorite reasons is that Bitcoin is completely decentralized and financial transactions are easy. Bitcoin investment is much easier and cryptocurrency has paved the way for further innovation in the form of blockchain technology.There are also many examples of Bitcoin investing where many investors have become rich.
I also personally love Bitcoin because it is completely decentralized. If I invest in Bitcoin I don't have to depend on anyone's good or bad ‍situation. No one can file any case. The freedom I get from investing in Bitcoin is not possible anywhere else. Bitcoin will save me from anxiety and give me the confidence of maximum profit. It is important to remember that any other coin that enters the market can disappear again, but it is different in the case of Bitcoin. In the future Bitcoin will be more stronger and based on this issue my love for Bitcoin is growing.


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July 01, 2023, 06:49:19 PM
 #164

If only there was a time machine!

Yes.. right now.

You can choose to buy some or you can wait until later when the price is likely to be even higher.  That's up to you regarding what to do.. and how to do it, if you decide to do it, rather than merely wishing that you had done something earlier.. and the fact of the matter, is that you ONLY have now.. there is no such time machine that will bring you back and then you still fail/refuse to act and whine about it later.

I am grateful to Satoshi Nakamoto, the anonymous creator of Bitcoin, for introducing this transformative technology to the world. Bitcoin has not only simplified financial transactions but has also paved the way for further innovation in the form of cryptocurrencies and blockchain technology.

Fuck shitcoins.

You sound distracted. 

Think about bitcoin first.. that other stuff that you mention about "paved the way for further innovation in the form of cryptocurrencies and blockchain technology" is gooble-dee-gook.

Yes, I agree with you, the shit-coins are useless and they can't pollute us anymore. Only Bitcoin is the king and it will remain the king forever, I have heard that a developer created a shit-coin name "Core," and he added features of Bitcoin and other shit-coins into it. Such useless coins can't replace the Bitcoin and they will always remain useless. I also remember the guy who created a shit-coin named "Bitcoin Cash," and he thought that by using the name of Bitcoin he can somehow show others that the coin is the upgraded version of Bitcoin. That useless project also went to dust and no body even speaks about that anymore. No other currency can take take the crown from the king of all crypto-currencies Bitcoin, and I'm lover of the king, not everyone of the kingdom.

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July 01, 2023, 07:09:51 PM
Merited by JayJuanGee (1)
 #165

If only there was a time machine!
But that will only be a story that really can't happen Cheesy
But rather than wishing about a time machine, I think it would be better if you try it now by buying bitcoins because seeing the current price I think it's still something worth doing.
If indeed this is still a little expensive then it is also possible to wait for some corrections which actually can always happen and buy there because indeed this will be better than just wishing for a time machine and buying at a cheap price because when the time comes and bitcoin reaches ATH of course we will feel this is deja vu and expect bitcoin to its current price in the future.


Your points are valid I completely agree. There are various reasons why individuals are drawn to Bitcoin which includes all you've stated. The fact that there are only 21 million bitcoins available adds to its perceived worth as a store of money.

What you say is true but in this case we cannot be naive as if bitcoin is the most comfortable place to store money.
Remember! This is a form of investment that does have a lot of risks. Even though I agree with what you think, of course the journey here is not that simple because when we are in bitcoin we must be prepared for all possible forms including loss. So don't ever feel that being in bitcoin is easy and only fixate on easy price and profit conditions because in fact there are many roads that are quite steep to traverse.

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July 01, 2023, 07:11:40 PM
 #166

If only there was a time machine!
Only Doraemon has a time machine, but it's just a cartoon to remind you that time cannot be turned back nor should it be wasted.
and don't let your words be repeated in the next few years, and if you feel sorry that you missed the best time at that time, don't waste it anymore. Do it decisively before the bitcoin price goes much higher and you repeat the mistake again. And you can do that with DCA to buy as many bitcoins as you can regularly at a set time, and use the money you don't need and do it for the long term until bitcoin reaches a very high price and you can enjoy it with pleasure.
and it's never too late, and I don't believe the statement that it's too late to start buying bitcoins, and that is so wrong. Because bitcoin has been proven many times to overcome all the obstacles it faces and even though there is a decline, in the end it rises again even higher than the previous price.
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July 01, 2023, 08:08:35 PM
Merited by JayJuanGee (1)
 #167

I think all members here love bitcoin.

Because this is a Bitcoin forum, it does not mean everyone here is a lover of Bitcoin; we have lots of Bitcoin racists here in the forum as well. @ Bitcoin SV is not a lover of Bitcoin yet he's actively here to promote his project and everything seems to be against Bitcoin with his belief of having a better project than that of Bitcoin, and there might also be many more others who are actually here not because they love Bitcoin but because they are here just to benefit from the forum in any possible way that they can... So when speaking about loving Bitcoin, I will advise you to remove the word "we" (all) and use "I," because you can only be sure of yourself and not what others feel.
But even though everyone here is not a love of Bitcoin, if the person is here, he or she promote Bitcoin from one way or the other. Bitcoin racist will sign to this forum specy the activities of the forum and also discuss about Bitcoin. They will also stay on their platform and criticize Bitcoin from there and telling the fans of that particular project that Bitcoin is not good. I am saying this from life experience. Neo-life Participants do not like to attend other platforms to discuss about them. Marketers speak bad about Mixy there product or project but speak good on their products or projects. And that is what this Bitcoin SV is doing here.

But in the contrary many Participants that are here are spies to know the progress of Bitcoin and give feedback to their fans in their websites or platform









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July 01, 2023, 09:58:23 PM
 #168


But even though everyone here is not a love of Bitcoin, if the person is here, he or she promote Bitcoin from one way or the other. Bitcoin racist will sign to this forum specy the activities of the forum and also discuss about Bitcoin. They will also stay on their platform and criticize Bitcoin from there and telling the fans of that particular project that Bitcoin is not good. I am saying this from life experience. Neo-life Participants do not like to attend other platforms to discuss about them. Marketers speak bad about Mixy there product or project but speak good on their products or projects. And that is what this Bitcoin SV is doing here.

But in the contrary many Participants that are here are spies to know the progress of Bitcoin and give feedback to their fans in their websites or platform

Their means of promoting Bitcoin are not directly done, and it's not done based on their love for Bitcoin or their desire to see it grow; it's done based on the fact that there is no other means for them to achieve what they really want. Either they are here for information purposes, which could be used for criticism, or they are here for the purpose of promoting their own personal project, and by doing so with the aim of achieving their goal, they indirectly ended up promoting Bitcoin in a little way they are unaware of. Such an action should not be regarded as something done for the love of Bitcoin.
 
Not everyone loves Bitcoin, and we should just accept that fact; they are just using it to promote their brand because they have no other choice.

R


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July 02, 2023, 10:57:04 AM
 #169

If anyone asks me why I love bitcoin, I will frankly answer that I love it because of the profits it brings, and it has helped my economy a lot.  without it, my family would be in a lot of trouble with what is happening in my country.  Of course, bitcoin has a lot of other benefits, but I believe everyone loves bitcoin because its profit is the most. we humans are increasingly pragmatic and I like to live with reality.

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July 02, 2023, 01:51:26 PM
 #170

If anyone asks me why I love bitcoin, I will frankly answer that I love it because of the profits it brings, and it has helped my economy a lot.  without it, my family would be in a lot of trouble with what is happening in my country.  Of course, bitcoin has a lot of other benefits, but I believe everyone loves bitcoin because its profit is the most. we humans are increasingly pragmatic and I like to live with reality.

Everyone's love the opportunity Bitcoin gives to people from "profits". It's actually life changing to one person especially from the one who started from nothing, if we look into it even here in the forum you could get Bitcoin by just joining some sig campaign then they could earn. You don't even need to put your own money to have your own Bitcoin itself. But it's not that easy to say by just profit, if you wouldn't exert effort to gain some knowledge then it wouldn't be always profit. The volatile nature of Bitcoin still has two sides but I agree that we humans love to take advantage from it. We don't even need to engage in some bare minimum wage if you're really good at crypto industry.

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July 02, 2023, 03:09:30 PM
 #171

I agree with your words because everyone is bound to fall in love with Bitcoin because it is so fascinating with the way it works and Bitcoin is such a medium that no one needs any favoritism, only the receiver and the sender can do any transaction.

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July 02, 2023, 03:15:20 PM
Merited by JayJuanGee (1)
 #172

If anyone asks me why I love bitcoin, I will frankly answer that I love it because of the profits it brings, and it has helped my economy a lot.  without it, my family would be in a lot of trouble with what is happening in my country.  Of course, bitcoin has a lot of other benefits, but I believe everyone loves bitcoin because its profit is the most. we humans are increasingly pragmatic and I like to live with reality.
Yes, that's right, we don't need to be hypocritical when the main reason we invest in bitcoin will be profitable, in this case, is money. But there are also many benefits to be gained from this bitcoin, apart from money.
There have been many people who have finally made their economy improve after they were able to invest in bitcoin, of course with the note that the investment they did was the right way, meaning that it was planned, neatly structured and indeed for a long period of time.
Indeed, for some people there were things that didn't go well, I wouldn't say they failed, because the reason the investment didn't go smoothly was that it must have been done in an improper way, so that in the end it made the process not go well.
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July 02, 2023, 04:08:36 PM
 #173

I love bitcoin because of it is decentralised crypto currency, it's easily transfer coin without middleman. Bitcoin is the king of crypto currency but bitcoin can have huge marketcap
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July 02, 2023, 04:17:31 PM
 #174

I have been fan of Bitcoin since 2016 when I found it for the first time. Its decentralized nature made me to love it. Because of Bitcoin, no government or authority can control the way we use our money digitally. Other than that, Bitcoin has a value that has the potential to increase far higher than gold, and at the same time, it doesn't carry any weight due to its digital nature.

Here are some valid reasons that made me to love Bitcoin:

Bitcoin is completely decentralized, which means that no government or banks can have control over it. Traditional currencies, such as fiat, for example, the US dollar, Euro, and others, are controlled by banks and governments, but Bitcoin is not controlled by anyone. It works on a P2P (peer-to-peer) network of millions of users.

Another aspect of Bitcoin that made me love it was its lower transaction fees. Bitcoin operates on P2P, which is why its transaction fees are lower than those of banks. When you are sending BTC from your wallet to someone else's wallet, you will pay a little transaction fee to the network. Even that fee is used to inspire the nodes so that the transaction gets validated.

Other than that, Bitcoin is completely transparent. Every transaction since its first transaction is recorded on the blockchain. The best thing about the blockchain is that anyone can access the record. Due to this transparency, the transactions made by Bitcoin can be tracked easily, which adds a perk to its security.

Bitcoin is accessible to everyone, and that's an amazing aspect of it. Anyone from any part of the world can access Bitcoin through the internet. That means that anyone can transfer and receive Bitcoin anywhere without any restrictions. It even works in those areas where traditional banking infrastructure is not present.

Another very important thing about Bitcoin that made me love it is its limited supply. Bitcoin has a total supply of just 21 million bitcoins. It means that there won't be more Bitcoins ever, only those 21 million Bitcoins will exist forever. That makes Bitcoin a store of value. Due to its limited supply, its price can move to way higher levels. Some people even believe that one Bitcoin will be worth 1 million in the future.

I use Bitcoin every day, and it's an important part of my life. I can't imagine my life without Bitcoin and other cryptocurrencies. I believe that its adoption rate will increase in the upcoming days, and many new users will start using this amazing invention of this century. Thanks a lot to Satoshi Nakamoto for developing such an amazing infrastructure that has made our lives easier and far better.

All those features of Bitcoin made me to fall in love with it. I believe there are millions of lovers of Bitcoin. Kindly share your love for admiration for this amazing invention. Thank you!

The main reason I like bitcoin is that government cannot control it. Governments currently controls banks which are for their profit only.
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July 02, 2023, 05:34:01 PM
 #175

If anyone asks me why I love bitcoin, I will frankly answer that I love it because of the profits it brings, and it has helped my economy a lot.  without it, my family would be in a lot of trouble with what is happening in my country.  Of course, bitcoin has a lot of other benefits, but I believe everyone loves bitcoin because its profit is the most. we humans are increasingly pragmatic and I like to live with reality.

Everyone's love the opportunity Bitcoin gives to people from "profits". It's actually life changing to one person especially from the one who started from nothing, if we look into it even here in the forum you could get Bitcoin by just joining some sig campaign then they could earn. You don't even need to put your own money to have your own Bitcoin itself. But it's not that easy to say by just profit, if you wouldn't exert effort to gain some knowledge then it wouldn't be always profit. The volatile nature of Bitcoin still has two sides but I agree that we humans love to take advantage from it. We don't even need to engage in some bare minimum wage if you're really good at crypto industry.

Sure I don't mind the idea of trying to earn bitcoin from signature campaigns or even other kinds of internet related efforts; however, not everyone can get a sufficient amount of BTC price exposure by engaging in internet kinds of work rather than merely employing some kind of skill that they might already have in order to earn fiat and convert such fiat to bitcoin. 

So surely there can be a variety of ways to get bitcoin, yet I would be careful that some guys/gals end up relying too much on trying to get KYC free bitcoin, and then they end up missing a large number of possible opportunities to increase their bitcoin stack (and bitcoin price exposure) in more significant and aggressive ways. 

Sometimes it also might be a good idea to increase some of the work that you do in the real word, even if you don't earn very much fiat, and use that extra money to stack sats... while at the same time, there are not guarantees that the extra efforts to be aggressive in your bitcoin stacking is going to end up paying off, but it can be a good kind of asset to build up and to secure privately in a way that you end up having options in the future, even if the amount might not take you to fuck you status but it still might end up having some decent chances of appreciating as the years pass - especially if you might have a decently long investment time horizon that is 4-10 years or more maybe 20-30 years into the future.

If anyone asks me why I love bitcoin, I will frankly answer that I love it because of the profits it brings, and it has helped my economy a lot.  without it, my family would be in a lot of trouble with what is happening in my country.  Of course, bitcoin has a lot of other benefits, but I believe everyone loves bitcoin because its profit is the most. we humans are increasingly pragmatic and I like to live with reality.
Yes, that's right, we don't need to be hypocritical when the main reason we invest in bitcoin will be profitable, in this case, is money. But there are also many benefits to be gained from this bitcoin, apart from money.
There have been many people who have finally made their economy improve after they were able to invest in bitcoin, of course with the note that the investment they did was the right way, meaning that it was planned, neatly structured and indeed for a long period of time.
Indeed, for some people there were things that didn't go well, I wouldn't say they failed, because the reason the investment didn't go smoothly was that it must have been done in an improper way, so that in the end it made the process not go well.

I agree that there are various ways that your efforts to invest in bitcoin can play out, and likely success has to do with taking a position size that is suitable to personal circumstances, and then perhaps continuing to add to such position with the passage of time in order to reach accumulation goal levels.  People might get greedy and overinvest, and sure some people make the mistakes of underinvesting or selling their bitcoin too soon. 

It can take a decently long time for a new investor to build an investment portfolio, and surely an older investor might be able to invest into bitcoin more aggressively by moving some already existing investment asset values into bitcoin.. so the investment approach should be tailored to the individual circumstances to try to invest (accumulate) bitcoin sufficiently aggressively and ongoingly, but not so aggressively that you end up getting reckt..


...and in the meantime, many of us should understand that normal investment strategies can take 30-40 years to build up and play out, so if there are ways that you can cut that in half and gain fuck you status (or some other goal) in a shorter time, such as 15-20 years, then you would be doing very good with such an approach.  If you think that you are going to cut the investment timeline into just a few months or less than 5 years, then you likely are engaged in practice that is known as gambling rather than investing.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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July 02, 2023, 05:58:49 PM
 #176

Well there is not a reason you should not love Bitcoin. Bitcoin is amazing thing to invest in and if we hodl them there will be profits waiting for us in the future.
Exponential technologies like Bitcoin take a while to reach critical mass but when they do they progress rapidly. I believe Bitcoin will become the dominant method for storage and transaction of value in the coming years.
It will be hard to imagine a time the blockchain didn’t exist for future generations. In my humble opinion, we have not even begun to see the real global adoption of crypto and discover the full utility of blockchain.
But the op is saying that, he started loving (investing) in Bitcoin since 2016 and he uses Bitcoin every day then if OP is not lieing then he is very close to a whale on Bitcoin. Because from 2016 he was investing on Bitcoin till 2023. Men that is a millionaire in his locality. But using of Bitcoin daily is where surprised many. In which of the country OP is living that Bitcoin is used every day? Or is it that he is selling them every day? I don't this so. Because if op want to spend money tomorrow, he will sell Bitcoin  today that can solve tomorrow problem. Or is it that problem come every day unaware?

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July 02, 2023, 06:11:47 PM
 #177


 But the op is saying that, he started loving (investing) in Bitcoin since 2016 and he uses Bitcoin every day then if OP is not lieing then he is very close to a whale on Bitcoin. Because from 2016 he was investing on Bitcoin till 2023. Men that is a millionaire in his locality. But using of Bitcoin daily is where surprised many. In which of the country OP is living that Bitcoin is used every day? Or is it that he is selling them every day? I don't this so. Because if op want to spend money tomorrow, he will sell Bitcoin  today that can solve tomorrow problem. Or is it that problem come every day unaware?


In continuation to this, I want to say that people appreciate Bitcoin for a number of reasons. The first benefit of Bitcoin is decentralisation, which means it runs without the aid . This decentralised structure gives people more control over their finances and lowers the possibility of censorship or manipulation. Second, because Bitcoin is based on blockchain technology, transactions are guaranteed to be transparent and unchangeable. It enables users to validate transactions independently of middlemen. Furthermore, Bitcoin's restricted quantity makes it immune to inflation. Last but not least, investors and fans have been drawn to Bitcoin because of its potential for huge profits and its position as a pioneer in the cryptocurrency industry.

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July 02, 2023, 06:39:10 PM
 #178

I think all members here love bitcoin.

Because this is a Bitcoin forum, it does not mean everyone here is a lover of Bitcoin; we have lots of Bitcoin racists here in the forum as well. @ Bitcoin SV is not a lover of Bitcoin yet he's actively here to promote his project and everything seems to be against Bitcoin with his belief of having a better project than that of Bitcoin, and there might also be many more others who are actually here not because they love Bitcoin but because they are here just to benefit from the forum in any possible way that they can... So when speaking about loving Bitcoin, I will advise you to remove the word "we" (all) and use "I," because you can only be sure of yourself and not what others feel.
But even though everyone here is not a love of Bitcoin, if the person is here, he or she promote Bitcoin from one way or the other. Bitcoin racist will sign to this forum specy the activities of the forum and also discuss about Bitcoin. They will also stay on their platform and criticize Bitcoin from there and telling the fans of that particular project that Bitcoin is not good. I am saying this from life experience. Neo-life Participants do not like to attend other platforms to discuss about them. Marketers speak bad about Mixy there product or project but speak good on their products or projects. And that is what this Bitcoin SV is doing here.

But in the contrary many Participants that are here are spies to know the progress of Bitcoin and give feedback to their fans in their websites or platform
Its certainly true that "promoting by criticizing" (quite an oxymoron, wouldnt you agree?) is a commonly employed strategy. Just as opposing politicians engage in heated debates, crypto enthusiasts can inadvertently become advocates of Bitcoin by actively discussing and criticizing it.

Think logically: Doesnt "bad press" sometimes have the uncanny effect of generating interest and intrigue, rather than the intended deterrence? Even those you've termed as "Bitcoin racists" play an integral role in the community by instigating debates, forcing us to examine and re-examine our perspectives.

"There's no such thing as bad publicity"

It's also very likely that many participants here might indeed be "crypto spies," tracking Bitcoin's progress to relay the information back to their respective platforms. However, isn't this exchange of information crucial for the dynamic growth of the crypto?

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July 03, 2023, 01:58:56 AM
 #179

If anyone asks me why I love bitcoin, I will frankly answer that I love it because of the profits it brings, and it has helped my economy a lot.  without it, my family would be in a lot of trouble with what is happening in my country.  Of course, bitcoin has a lot of other benefits, but I believe everyone loves bitcoin because its profit is the most. we humans are increasingly pragmatic and I like to live with reality.
Yes, that's right, we don't need to be hypocritical when the main reason we invest in bitcoin will be profitable, in this case, is money. But there are also many benefits to be gained from this bitcoin, apart from money.
There have been many people who have finally made their economy improve after they were able to invest in bitcoin, of course with the note that the investment they did was the right way, meaning that it was planned, neatly structured and indeed for a long period of time.
Indeed, for some people there were things that didn't go well, I wouldn't say they failed, because the reason the investment didn't go smoothly was that it must have been done in an improper way, so that in the end it made the process not go well.

As I said, bitcoin gives us many benefits, like providing us privacy and complete control of our assets without the help of 3rd parties like banks, funds Credit...but the bottom line we care about most about bitcoin is profitability.
investing in bitcoin does not guarantee that we will become rich or improve our economy, as success or failure depends on each person's skill.  bitcoin only presents us with an opportunity, and whether we take it or not is up to us.

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July 03, 2023, 06:28:14 AM
 #180

Bitcoin is the easiest and safest platform to invest in. Investing elsewhere involves a lot of pressure and the possibility of being scammed at times. Also, if I invest here, no one will know my investment, investment amount. Moreover, I can do it wherever I am without needing help from any person or organization. Also another important thing is that if you invest here or if you invest for a long time in Bitcoin, the profit potential is very high.
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