Bitcoin obsession!

[reagansimms]

Bitcoin has been around for a decade, Bitcoin has managed to become a popular investment choice for many people around the world in just a short time. The wider popularity of Bitcoin makes many people very obsessed with Bitcoin (Obsessive Bitcoin movement). People who are obsessed with Bitcoin will always take the time to check prices, news, and stop by cryptocurrency-related forums such as the Forum Bitcointalk.

The more people who are obsessed with Bitcoin the better for the future development of Bitcoin, their interest in Bitcoin can help increase the price and popularity of Bitcoin. People will take advantage of technological developments looking for new ways to invest and save their money. Gold is commonly used and is the choice for investors who are looking for security because it is not as susceptible to inflation as the dollar. Bitcoin can offer some advantages over gold, they think Bitcoin can be a safe haven and potentially offer multiple returns.

[Lida93]

It is conventionally taken that obsession to something is bad(wrong) and people are mainly advised to do away with behaviours of obsession to anything as it could result to their harm. And on this note I want us to look into bitcoin obsession, discussing objectively about it without sentiment or prejudice for the sake of  impacting rational knowledge in the course of the discuss.

But before we proceed you might wanna have a refreshing definition/meaning of obsession. According to the Britannica dictionary, obsession is a state in which someone thinks about someone or something constantly or frequently especially in a way that is not normal. While, the Oxford dictionary defines it as an idea or thought that continually preoccupies or intrudes on a person's mind.

Now, it is undeniable and an underlying fact that bitcoin possesses multiple advantageous features spanning from anonymity, decentralization, cancellation of third party, pseudonymity, P2P etc, all encapsulated towards financial freedom.

With obsession when it's gambling we give a strong NO with our reasons attached cause obsession is just another form of addiction. So lets talk about obsession (addiction) to bitcoin. I felt in a way it might help bitcoin enthusiasts like myself and others to knows  and understand in clear terms if bitcoin obsession is bad(wrong) or not.

Obsession by itself is not wrong, it is what you decide to do with it what it could tip the scales on one direction or another, for example it should be obvious that almost all the great minds that have lived and which made huge discoveries and formulated new theories were obsessed with their particular topic of interest, but since the outcomes of that obsession were positive for themselves and others no one can find fault on their obsession, and if anything we are happy they had it.

In line with what you have said we can streamline it through the likes of the American born inventor Thomas Edison whose obsession about electricity led to the invention of light bulb which is now in use in all parts of the world, and no one cares or talks about his obsession as being bad all because it provided a positive outcome. Same thing with those obsessed with bitcoin if their obsession produces a positive result to the advancement of bitcoin people will be clement about it.

[isaac_clarke22]

-

Well obsession is just kinda the tame way to say addicted like being too desperate on something. I had never heard of people still being "addicted" with Bitcoin, but I kinda imagine that it is kinda scary being too addicted into something that you have no absolutely control with.

I can't imagine myself being addicted with Bitcoin though. It's just another coin that I could use and invest without the involvement of third party.

[Finestream]

I think people's obsession in bitcoin investment is mostly about the profit, recently I rarely see people talk about how to make bitcoin legally used for purchasing goods. people always talk about profit. it is risky for newbie, if they only obsess with profit and don't learn many things that related to bitcoin then they maybe panic when bearish market trend come. I think it is important to always tell them that DCA is the best thing to do for them now.

Well, the main reason why people get easily addicted is because of money and profitability. Same with gambling, people won’t be attached to it if not they are motivated to make money. However, with bitcoin, it’s a different scenario. I don’t think people may become obsessed with bitcoin because as far as I know, a lot of people lose huge amount from bitcoin especially those who invest without prior knowledge, and only few have been noted that are making big in bitcoin.

[avp2306]

I think people's obsession in bitcoin investment is mostly about the profit, recently I rarely see people talk about how to make bitcoin legally used for purchasing goods. people always talk about profit. it is risky for newbie, if they only obsess with profit and don't learn many things that related to bitcoin then they maybe panic when bearish market trend come. I think it is important to always tell them that DCA is the best thing to do for them now.

Well, the main reason why people get easily addicted is because of money and profitability. Same with gambling, people won’t be attached to it if not they are motivated to make money. However, with bitcoin, it’s a different scenario. I don’t think people may become obsessed with bitcoin because as far as I know, a lot of people lose huge amount from bitcoin especially those who invest without prior knowledge, and only few have been noted that are making big in bitcoin.

Thinking about possible big profits is already a way for people to think about bitcoin. We can also read up some success stories about people getting rich on their investment that's why some other people think about they can easily do the same and think about bitcoin on whatever they do. Losing maybe part of the process but for sure if they are consistent reading some helpful information for sure their obsession to bitcoin will result good output to them.

[G_Besar]

I think bitcoin obsession is not bad as long as we continue to benefit from investing in btc, I think most people become obsessed (addicted or like) with bitcoin because they have experienced the benefits that can be obtained from investing in btc. sometimes at first our become obsessed with btc because our see other people who are lucky because they invest in btc. until finally learning about btc and successfully investing in btc and getting profits and finally becoming obsessed with btc.

Even though your explanation is too convoluted, there is a gist that I can understand about this. It is in seeing other people who benefit through Bitcoin investment, so that it can be an encouragement for us to like Bitcoin and try to continue to be obsessed with Bitcoin. And finally we also want to try investing in Bitcoin with all the abilities we have now, but apart from the obsession that is born it is based on the profits obtained by other people. Over time, we must also have another obsession to continue to study things related to Bitcoin so that our power to like Bitcoin can be even greater in the future.

[icalical]

I don't think I have met anyone who is obsessed to Bitcoin, some enthusiast sure, I know a lot of them, but they still have other hobbies, or other things that they like to talk about. For me being obsessed to Bitcoin, meaning that that person will only talked about bitcoin everyday, and that's kinda annoying, I wouldn't want to meet with such people.
I mean I like Bitcoin I like learning about it, but not like I always talk about it all day long.

[Blitzboy]

Bitcoin has been around for a decade, Bitcoin has managed to become a popular investment choice for many people around the world in just a short time. The wider popularity of Bitcoin makes many people very obsessed with Bitcoin (Obsessive Bitcoin movement). People who are obsessed with Bitcoin will always take the time to check prices, news, and stop by cryptocurrency-related forums such as the Forum Bitcointalk.

The more people who are obsessed with Bitcoin the better for the future development of Bitcoin, their interest in Bitcoin can help increase the price and popularity of Bitcoin. People will take advantage of technological developments looking for new ways to invest and save their money. Gold is commonly used and is the choice for investors who are looking for security because it is not as susceptible to inflation as the dollar. Bitcoin can offer some advantages over gold, they think Bitcoin can be a safe haven and potentially offer multiple returns.

The "Obsessive Bitcoin movement," is real and getting stronger. Many doubters call this preoccupation irrational euphoria, but it provides Bitcoin its value and applications. Gold has always been the finest inflation hedge. Bitcoin leverages impenetrable blockchain technology, whereas gold relies on physical possession and old company procedures.

Compare the actual gold bar to the digital Bitcoin. Value can be stored both ways. But moving gold requires vaults and guarded cars, while moving Bitcoin only requires an internet connection and a digital wallet. Hard to believe how well things operate. Thus, the problem isnt simply possible returns but also a major shift in how we value and store data.

Bitcointalk does help Bitcoin-related technologies evolve quickly. Bitcoin is becoming a superior money-saving choice due to all this acclaim. Traditionalists clearly feel out of place with Bitcoin. Maybe their cynicism makes them forget that every transformation begins with a movement, compulsive or not.

[bitzizzix]

The obsession depends on the person's mind.
And if the obsession is too much, then it is wrong, because excessive obsession is like infatuation or addiction and the person's mind is too focused on the one thing that is obsessed.
And excessive obsession with Bitcoin is very wrong, because all you can think about is big profits or wanting to get rich quickly from Bitcoin, and that is not recommended. Because if it doesn't match expectations, it will make him very disappointed and even hate him, besides that, excessive obsession can make people get out of control. Such as buying Bitcoin using important or necessary money, and always checking Bitcoin movements at all times and becoming emotional when Bitcoin prices tend to fall, and so on.

And if the obsession is not excessive. This can generate greater motivation and make us achieve something we have never achieved before, but of course it must be accompanied by strong self-control so that we know when to put the brakes on this obsession. So that we are not too disappointed if it is not as expected, and if it is related to Bticoin.
Maybe the person is doing it casually, like buying it with extra money or with what they can afford to lose, and also not watching the movement of Bitcoin very often. And I think it tends to happen more often to those who run a long-term method or strategy in their own way, and have good knowledge and learn from mistakes from experience. And if all my opinion is wrong, I hope someone corrects it, because it is my opinion and spontaneous.

[Lorence.xD]

I think people's obsession in bitcoin investment is mostly about the profit, recently I rarely see people talk about how to make bitcoin legally used for purchasing goods. people always talk about profit. it is risky for newbie, if they only obsess with profit and don't learn many things that related to bitcoin then they maybe panic when bearish market trend come. I think it is important to always tell them that DCA is the best thing to do for them now.

Well, the main reason why people get easily addicted is because of money and profitability. Same with gambling, people won’t be attached to it if not they are motivated to make money. However, with bitcoin, it’s a different scenario. I don’t think people may become obsessed with bitcoin because as far as I know, a lot of people lose huge amount from bitcoin especially those who invest without prior knowledge, and only few have been noted that are making big in bitcoin.

Thinking about possible big profits is already a way for people to think about bitcoin. We can also read up some success stories about people getting rich on their investment that's why some other people think about they can easily do the same and think about bitcoin on whatever they do. Losing maybe part of the process but for sure if they are consistent reading some helpful information for sure their obsession to bitcoin will result good output to them.

That's actually good if they are aiming for profits since they have a goal, maybe those "Bitcoin obsessed" is applicable for those people who would literally sacrifice everything just to invest or hodl Bitcoin for their own good. Like their health since they are all day reading information as well checking the market, analysis which affects their healthy lifestyle. And if you've been here in the forum for sure you have read that some would literally take a loan or sell their property just to invest for BTC which I think it's not good, I always side in the term "invest what you afford to lose" cause it will just worsen your situation when your plan did not work out cause Bitcoin is still volatile which is unpredictable.

[Stella Mese]

I think bitcoin obsession is not bad as long as we continue to benefit from investing in btc, I think most people become obsessed (addicted or like) with bitcoin because they have experienced the benefits that can be obtained from investing in btc. sometimes at first our become obsessed with btc because our see other people who are lucky because they invest in btc. until finally learning about btc and successfully investing in btc and getting profits and finally becoming obsessed with btc.

Even though your explanation is too convoluted, there is a gist that I can understand about this. It is in seeing other people who benefit through Bitcoin investment, so that it can be an encouragement for us to like Bitcoin and try to continue to be obsessed with Bitcoin. And finally we also want to try investing in Bitcoin with all the abilities we have now, but apart from the obsession that is born it is based on the profits obtained by other people. Over time, we must also have another obsession to continue to study things related to Bitcoin so that our power to like Bitcoin can be even greater in the future.

Yes, seeing other people succeed in investing in BTC can indeed be an encouragement for us so that we too must be able to gain profits from investing in BTC and we must even be able to gain more profits than other people. and usually when you get a profit then I think we will become more obsessed. but in this case it is certainly not wrong if we are obsessed with BTC as long as we continue to get profits from investing in BTC, and with our obsession with BTC we will also be more active in studying knowledge about BTC.

[Oasisman]

With obsession when it's gambling we give a strong NO with our reasons attached cause obsession is just another form of addiction. So lets talk about obsession (addiction) to bitcoin. I felt in a way it might help bitcoin enthusiasts like myself and others to knows  and understand in clear terms if bitcoin obsession is bad(wrong) or not.

Obsession is like an excessive craving or yearning for something. I can only of something which can be called as Bitcoin obsession is when someone actually quit what he had been doing to earn or create money because of bitcoin. I have heard some people around here about quitting their jobs to focus on bitcoin or crypto trading or anything involving bitcoin. There was even a story about someone who immediately resigned after earning 10x of his salary from the P2E games.
Obsessions may give you negative outcome more than a positive one, simply because everything in excess is not good.
Could be applicable with bitcoin too.

[HONDACD125]

The obsession depends on the person's mind.
And if the obsession is too much, then it is wrong, because excessive obsession is like infatuation or addiction and the person's mind is too focused on the one thing that is obsessed.
And excessive obsession with Bitcoin is very wrong, because all you can think about is big profits or wanting to get rich quickly from Bitcoin, and that is not recommended. Because if it doesn't match expectations, it will make him very disappointed and even hate him, besides that, excessive obsession can make people get out of control. Such as buying Bitcoin using important or necessary money, and always checking Bitcoin movements at all times and becoming emotional when Bitcoin prices tend to fall, and so on.

And if the obsession is not excessive. This can generate greater motivation and make us achieve something we have never achieved before, but of course it must be accompanied by strong self-control so that we know when to put the brakes on this obsession. So that we are not too disappointed if it is not as expected, and if it is related to Bticoin.
Maybe the person is doing it casually, like buying it with extra money or with what they can afford to lose, and also not watching the movement of Bitcoin very often. And I think it tends to happen more often to those who run a long-term method or strategy in their own way, and have good knowledge and learn from mistakes from experience. And if all my opinion is wrong, I hope someone corrects it, because it is my opinion and spontaneous.

I think not everything can be equated with obsession, if a person is trying his best and we call it obsession. Whatever business or work we do, we try to do it well. In work or business, most people try to work harder to earn More profit, and grow your business. Maybe that's why he's working hard and we're feeling this obsession .


Similarly, Bitcoin is also an investment where the harder you work, the more and better returns you will get. Obsession is wrong if it is too much but we should also look at what he is obsessed with. Bitcoin is not a shortcut way to get rich, but it is not meant to be ignorant of Bitcoin information, its price, analysis and market drops on a daily basis. If one wants to invest in Bitcoin, he has to watch the fluctuations in the price of Bitcoin on a daily basis,because whenever the market falls, the price of Bitcoin will be lower and you will get a chance to buy at a good price and get good profit for the future. So I think it can't be called obsession but it is our hard work and best strategy for future.

[Dunamisx]

I don't think I have met anyone who is obsessed to Bitcoin, some enthusiast sure, I know a lot of them, but they still have other hobbies, or other things that they like to talk about. For me being obsessed to Bitcoin, meaning that that person will only talked about bitcoin everyday, and that's kinda annoying, I wouldn't want to meet with such people.
I mean I like Bitcoin I like learning about it, but not like I always talk about it all day long.

If we may also consider it this way that indirectly almost everyone of us is being obsessed by bitcoin, why i say so is because we all make use of bitcoin related activities such as performing transactions and other things they do daily that includes the use of bitcoin, which means if you're for instance a bitcoin trader, there's no how you could do in a day without coming across bitcoin or anything that has to do with it everyday, this is an obsession on it own but not addiction.

[dothebeats]

Well, it depends. Is it really an obsession or fascination? Is it a bad obsession or not? Personally, I view obsession to be bad when someone is willing to give up everything they have and do everything just to have it. For example, there are people who love Bitcoin so much that they quit their jobs and get rid of their other investments to focus all of their time on Bitcoin, and when they are losing so much of their money they will even go as far as selling their properties and even loaning. I see this type of obsession as bad because it is causing tenfolds of negative effects on that person and they cannot even see and comprehend that as they are solely focused on their love for Bitcoin. On the other hand, a good obsession can be loving Bitcoin so much that they push themselves to be really good at handling Bitcoin and making their Bitcoin investment grow, they also surround themselves with people who are into Bitcoin and share knowledge and tips about it without sacrificing their job and another source of income with the mindset that if they have more source of income they will can use it to let their Bitcoin investment grow.

This is just of course my personal take on this. I am sure interested to know what others view it as.

[Etranger]

According to the Britannica dictionary, obsession is a state in which someone thinks about someone or something constantly or frequently especially in a way that is not normal. While, the Oxford dictionary defines it as an idea or thought that continually preoccupies or intrudes on a person's mind.

I find the Oxford dictionary definition more relevant and concrete. Britannica has vague phrases such as 'not normal'. Normal is not something common for everybody, it differs from case to case. People have variable frames of what can be considered as normal. Nevertheless, I don't think that obsession has something to do with crypto, ti be honest. Those who have succeed in this field have to be rather rational and focused, but not obsessed, because obsessive state makes a person anxious and suspicious, and this implies tiredness. While being effective requires clear mind an emotional strength, and you cannot be in such shape if you feel obsessed.

[Lida93]

According to the Britannica dictionary, obsession is a state in which someone thinks about someone or something constantly or frequently especially in a way that is not normal. While, the Oxford dictionary defines it as an idea or thought that continually preoccupies or intrudes on a person's mind.

I find the Oxford dictionary definition more relevant and concrete. Britannica has vague phrases such as 'not normal'. Normal is not something common for everybody, it differs from case to case. People have variable frames of what can be considered as normal. Nevertheless, I don't think that obsession has something to do with crypto, ti be honest. Those who have succeed in this field have to be rather rational and focused, but not obsessed, because obsessive state makes a person anxious and suspicious, and this implies tiredness. While being effective requires clear mind an emotional strength, and you cannot be in such shape if you feel obsessed.

But I differ to that by saying it does a lot have much to do with people's interest with bitcoin. What drives bitcoiners interest to want to learn more and more about things and concept's relating to bitcoin is induced by a bit of an obsession in them about bitcoin. Obsession is all about wanting to know more, do more, the only time an obsession is bad is when it's taking beyond logical reasoning towards that which the obsession is directed to, but when done within the controlled parameters it does produce positive outcome. Obsession is dangerous only when moderation isn't applied.

[promise444c5]

Pretty hard to talk about this knowing that there are various degrees of both obsession and addiction. It's not binary — it's a spectrum; just like how two money-obsessed persons have different degrees of obsession.

Seriously,  it's really hard to talk about obsession as obsession could take different form or levels in an individual.  The level or degree of obsession in someone is based on how individuals tries to handle or manage it

[Etranger]

According to the Britannica dictionary, obsession is a state in which someone thinks about someone or something constantly or frequently especially in a way that is not normal. While, the Oxford dictionary defines it as an idea or thought that continually preoccupies or intrudes on a person's mind.

I find the Oxford dictionary definition more relevant and concrete. Britannica has vague phrases such as 'not normal'. Normal is not something common for everybody, it differs from case to case. People have variable frames of what can be considered as normal. Nevertheless, I don't think that obsession has something to do with crypto, ti be honest. Those who have succeed in this field have to be rather rational and focused, but not obsessed, because obsessive state makes a person anxious and suspicious, and this implies tiredness. While being effective requires clear mind an emotional strength, and you cannot be in such shape if you feel obsessed.

But I differ to that by saying it does a lot have much to do with people's interest with bitcoin. What drives bitcoiners interest to want to learn more and more about things and concept's relating to bitcoin is induced by a bit of an obsession in them about bitcoin. Obsession is all about wanting to know more, do more, the only time an obsession is bad is when it's taking beyond logical reasoning towards that which the obsession is directed to, but when done within the controlled parameters it does produce positive outcome. Obsession is dangerous only when moderation isn't applied.

Obsession, by definition, is already contrary to moderation. It is impossible to be moderately obsessed. What you are describing is more like an aspiration, a focus, but not an obsession. Obsession knows no limits, and its danger is that a person loses interest in other things, fixating solely on the subject of obsession.

[uneng]

I believe when we are firstly introduced to Bitcoin it's normal we develop a kind of temporary obsession for it, as it happens with everything new which is introduced to us and we like very much. It can be a videogame, a TV program or Youtube channel, a food, a person you fall in love... I remember when I started dealing with BTC I got quite addicted or obsessed to it.

I couldn't stop thinking about BTC faucets and about finding new methods of collecting more satoshis. Right now, I think about those moments with a lot of nostalgia. So, I think it wasn't a bad obsession at all...