Bitcoin is unfair to the non tech-savvy

[skottiejay]

you all got your panties in a bunch something today, it's like is if somebody doesn't agree with you there's some reason the jump down my throat. i'm well aware that into 2011 I could've bought bitcoin $14, but for me in 2011 there wasn't much media about bitcoin. i'm aware that it was a gamble and risk and then nobody knew it was going to blow up. stop assuming things about me that you definitely don't know are true one, and secondly stop trolling my threads and stop calling my response. that's why if I were on the outside looking in on bitcoin, I wouldn't have the damn bit of interest in it because of responses like the ones in the thread.

[cozk]

Money is unfair to the poor people.

[Bit_Happy]

...
Even in this forum I have seen demeaning opinions about people who bought in when Bitcoin was trading single digits ...

Are we offering any "assistance" to the people who sold when Bitcoin was trading in single digits?

[jonald_fyookball]

you all got your panties in a bunch something today, it's like is if somebody doesn't agree with you there's some reason the jump down my throat. i'm well aware that into 2011 I could've bought bitcoin $14, but for me in 2011 there wasn't much media about bitcoin. i'm aware that it was a gamble and risk and then nobody knew it was going to blow up. stop assuming things about me that you definitely don't know are true one, and secondly stop trolling my threads and stop calling my response. that's why if I were on the outside looking in on bitcoin, I wouldn't have the damn bit of interest in it because of responses like the ones in the thread.

I wasn't even talking to you!   I was replying to giveBTCpls.
(When you quote someone and reply, it is assumed you are talking to them.) 
And also, is isn't your thread (because you didn't start it) and I'm not "trolling". 

Please learn how forums work.

[skottiejay]

I don't think that I quoted you on that, that was more or less in response to the responses I'm getting for what I'm saying, and thanks I don't need a lesson on how forums work I was a mod at one for many years so I'm well aware thanks.

[jonald_fyookball]

I don't think that I quoted you on that, that was more or less in response to the responses I'm getting for what I'm saying, and thanks I don't need a lesson on how forums work I was a mod at one for many years so I'm well aware thanks.

No, you didn't quote me, you responded to my post where I quoted someone else
and told me to stop assuming things about you.

Whatever.

[fiddelingones]

The need for people to have to store, hide, protect and backup their private Bitcoin addresses sucks imo. That's one of the weaknesses of Bitcoin.

You have it backwards. The ability to be the sole individual responsible for securing and spending my money is one of the greatest strengths of Bitcoin! No middlemen or authorities required.

Yes, this is biggest strength of Bitcoin, but only for tech-savvy.

I just hope in few years there will be very secure and cheap hardware wallet, so everyone can safely use Bitcoin even on compromised computer. I think this will be next Bitcoin milestone.

[mobile4ever]

Yesterday I met a couple of my old classmates on the street. They asked about Bitcoin and started to whine that most people don't understand the mathematical fundamentals behind Bitcoin and therefore had no realistic chance to invest when it was cheap.

The old must make way for the new. Without that, there is no growth. I think it is right that those who are creating the future should profit from it. At the same time, those same people should be merciful to those who are not thinking about the future. We all have to live together.

[nicked]

Bitcoin is unfair to the "Lazy"! It doesn't take too much to learn how to use it.

[halfawake]

I just hope in few years there will be very secure and cheap hardware wallet, so everyone can safely use Bitcoin even on compromised computer. I think this will be next Bitcoin milestone.

It's already being worked on.  The price was listed as 1 BTC back when a bitcoin cost $100, but I don't know if they've since changed what they plan on charging for it or not.

[InwardContour]

The need for people to have to store, hide, protect and backup their private Bitcoin addresses sucks imo. That's one of the weaknesses of Bitcoin.

You have it backwards. The ability to be the sole individual responsible for securing and spending my money is one of the greatest strengths of Bitcoin! No middlemen or authorities required.

Yes, this is biggest strength of Bitcoin, but only for tech-savvy.

I just hope in few years there will be very secure and cheap hardware wallet, so everyone can safely use Bitcoin even on compromised computer. I think this will be next Bitcoin milestone.

This is correct. If you are not tech-savvy enough then you will not be able to secure your coins and would need some middle man to effectively for you

[Lauda]

Bitcoin is unfair to the "Lazy"! It doesn't take too much to learn how to use it.

Exactly. It doesn't take long nor much effort to understand the basics of Bitcoin or any technology really.

[Musent]

Bitcoin traders are sometimes accused of unfairly profiting from an opaque asset beyond the understanding of ordinary people.
http://www.newyorker.com/online/blogs/currency/2014/07/bidding-on-bitcoin.html

Yesterday I met a couple of my old classmates on the street. They asked about Bitcoin and started to whine that most people don't understand the mathematical fundamentals behind Bitcoin and therefore had no realistic chance to invest when it was cheap. Of course, I encouraged them to invest now (better late than never) but seems that people generally rather enjoy wallowing in their own self-pity than take steps to adapt and overcome.

Even in this forum I have seen demeaning opinions about people who bought in when Bitcoin was trading single digits --- "they are not real investors and their earnings are equivalent to winning with a lottery ticket".

I can see that these issues can raise some negative emotions and Bitcoin has even not risen to 6666$ yet . What's the worst case scenario to follow? Bitcoin Jesus getting beaten up by angry conventional Warren Buffer apprentices?

Do the same people complain because they didn't buy Google stock at 89 cents?

[tmbp]

What kind of communist argument is that? I am a dumbass but I deserve the same reward as someone who has the talent to identify potential from a mile away?

[hollowframe]

I just hope in few years there will be very secure and cheap hardware wallet, so everyone can safely use Bitcoin even on compromised computer. I think this will be next Bitcoin milestone.

It's already being worked on.  The price was listed as 1 BTC back when a bitcoin cost $100, but I don't know if they've since changed what they plan on charging for it or not.

Why couldn't you simply buy a new, cheap computer that has never been connected to the internet?

[halfawake]

I just hope in few years there will be very secure and cheap hardware wallet, so everyone can safely use Bitcoin even on compromised computer. I think this will be next Bitcoin milestone.

It's already being worked on.  The price was listed as 1 BTC back when a bitcoin cost $100, but I don't know if they've since changed what they plan on charging for it or not.

Why couldn't you simply buy a new, cheap computer that has never been connected to the internet?

You can.  There's nothing wrong with that approach, and it's what I plan on doing myself.  But I suspect this a Trezor is cheaper if they keep the price the same, unless you get a computer used, it's likely going to cost a lot more than $100.

[EnterReturn]

I'm delighted to see a rather mainstream article changing their tone on bitcoin. It's no longer magic internet money or drug money. The developing nations seem to be on everyone's mind when it comes to BTC. Good things to come.

[zircon]

Business is unfair to non-businessmen. lol

[devphp]

Ideas of communism, interesting.

[peeveepee]

Business is unfair to non-businessmen. lol

And god is unfair for those who born into poverty.