Why do you deny evidence? bitcoin has deluded all us

[angrynerd88]

I see many idealists still thinking in a future rise. Why? The only real rise of bitcoin was due to a bubble, simply a bubble which lasted all 2013? from that bubble we always thought that was a trend, it was not. We and I were all super enthusiastic. None could forecast that after almost 2.years bitcoin was worth less than before. Tell yourself the truth do not try to convince about what you would like it to be. Actually people are NOT interested in using bitcoin. Yes banks are evil, sure, devil itself, but people like simplicity, many people are...how can I say? stupid and get used to their simple things.  Most people do not like to change. And they do not like to risk. There is no real reason why bitcoin should be mass adopted...to do what? Send money to someone, something you could do with very small fees (I can assure you I constantly do bank transfers I usually spend 1 euro whatever the bank transfer is) doing it A LONE with no warranty? knowing that a small minimal error, a hacker, a sudden Loss in value, could make you lose everything or a big part of your money?   as you see its nonsense.
There will be neither mass adoption nor total failure. Bitcoin will still be used for some years by some nerds, and it will get slowly less and less valuable until it will be finally forgotten, buried in some history book in the chapter ".utopias".  See history. How many utopias (political economical etc) have realised, how many failed soon or.after?  I know it's a good dream but we should wake up until it's to late... bitcoin will slowly be forgotten.

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[RodeoX]

I don't look at price. I look at how many places I can spend my coins. Things look great to me. Just a year ago it was hard to find places. These days there are new choices every week. I thought that would take ten years, but wow, here we are.

The reasons I no longer use credit/debit cards:

1. They are unsafe and outdated. In the US we still use magnetic stripes. Yes really. How stupid is that? No wonder I'm on my third replacement card in a year.  

2. There are a million rules about where, who and how I can pay on the internet. I no longer obey those foolish rules. I buy whatever I want from anyone I chose no matter where they are. I travel a lot and when I do I look for places to spend my BTC. No swapping currencies back and forth.

3. Speed. This is more of a benefit to retailers, but I like it also. When I hit send and pay, it's over. The retailer does not have to wait days or weeks to verify my identity like a card. Within minutes the transaction is irreversible and the seller can ship with confidence.

4. Price. I can send a million dollars for a few cents. With dollars it costs me dollars to send dollars abroad. F that.

5. No trust needed. BTC is the only money in history that does not require trust. It can't be manipulated like issued money. It is the only fair money that can be used on the internet. Gold is also fair, but impractical.
So when you say there is no reason to use bitcoin I think you mean that you don't understand bitcoin. If you did I believe you would not see a reason to ever use dollars.

[AgentofCoin]

I am 25 and I invested my (small) money almost all I bitcoin, mostly when it was 830 and some when it was 600.  I am really panicked. Please give me some advice. Will bitcoin grow?

       

[najzenmajsen]

Honestly , i have no idea what you're doing here. You've said that people like simple stuff , tell me what's most simple

1. having to go to a bank , get a credit card etc etc and pay some fee's AND have to replace this card multiple times?
OR
2. downloading a wallet to your mobile then paying easily with your phone , without having to bring credit cards to stores etc?
Bitcoin is simpler in that way , and bitcoin can get even simplier than banks at sending cash aswell ( attaching names to your adress etc )


" People are stupid and gets used to simple things. "
No , people are not stupid. FIAT is being used because everyone else is using it , once masses starts adopting the ones you called " stupid " will start adopting aswell , but only once we get better marketing , adoption etc.
ALSO , bitcoin is alot of simplier in the fact that you can use it worldwide , currently you have to adopt to the country's currency ( assuming you're using fiat )

" Most people dont like change "
this is true , but the usage of bitcoin is growing , and if everyone quits there's no choice for the others when the other currencies start crashing due to lack of usage.
and remember , the only ones losing on bitcoin is banks. Companies will save millions , customers will save millions. its not free for companies to accept credit cards etc just so you know. bitcoin is (basically)

" There is no real reason why bitcoin should be mass adopted "

* Close to no fee's
* No middleman ( dont have to risk bank getting robbed etc )

" Security and misstakes "

While i agree this is a big current issue with bitcoin , atm you need to read on abit to have your funds safe while with a bank you could just deposit it. ( but its pretty damn hard to lose your offline wallet , unless you download some wallet stealer or upload it online )
however , this will NOT be an issue , its simple to make it alot easier remember bitcoin is not so old , it needs developing on those parts. However banks are not very safe either , and like to freeze people's accounts etc.

" Sudden loss in value "
this is ONLY because its not adopted by everyone yet. once our market cap becomes bigger price wont be so easily manipulated.

" Bitcoin will slowly be forgotten "

I have no idea why you'd ever think so mate. I hope i changed your mind. if not , please tell me the issue
I dont know what gave you these thoughts , bitcoin is fking revelutionary man.

[najzenmajsen]

I don't look at price. I look at how many places I can spend my coins. Things look great to me. Just a year ago it was hard to find places. These days there are new choices every week. I thought that would take ten years, but wow, here we are.

The reasons I no longer use credit/debit cards:

1. They are unsafe and outdated. In the US we still use magnetic stripes. Yes really. How stupid is that? No wonder I'm on my third replacement card in a year.  

2. There are a million rules about where, who and how I can pay on the internet. I no longer obey those foolish rules. I buy whatever I want from anyone I chose no matter where they are. I travel a lot and when I do I look for places to spend my BTC. No swapping currencies back and forth.

3. Speed. This is more of a benefit to retailers, but I like it also. When I hit send and pay, it's over. The retailer does not have to wait days or weeks to verify my identity like a card. Within minutes the transaction is irreversible and the seller can ship with confidence.

4. Price. I can send a million dollars for a few cents. With dollars it costs me dollars to send dollars abroad. F that.

5. No trust needed. BTC is the only money in history that does not require trust. It can't be manipulated like issued money. It is the only fair money that can be used on the internet. Gold is also fair, but impractical.
So when you say there is no reason to use bitcoin I think you mean that you don't understand bitcoin. If you did I believe you would not see a reason to ever use dollars.

The only reason for using dollars atm , is because its hard to find ( atleast where i live ) to find a store that sells anything for bitcoins. its kind of crazy that everyone havent gotten adopted to bitcoin yet. but i guess it takes time : l

[mlferro]

I see many idealists still thinking in a future rise. Why? The only real rise of bitcoin was due to a bubble, simply a bubble which lasted all 2013? from that bubble we always thought that was a trend, it was not. We and I were all super enthusiastic. None could forecast that after almost 2.years bitcoin was worth less than before. Tell yourself the truth do not try to convince about what you would like it to be. Actually people are NOT interested in using bitcoin. Yes banks are evil, sure, devil itself, but people like simplicity, many people are...how can I say? stupid and get used to their simple things.  Most people do not like to change. And they do not like to risk. There is no real reason why bitcoin should be mass adopted...to do what? Send money to someone, something you could do with very small fees (I can assure you I constantly do bank transfers I usually spend 1 euro whatever the bank transfer is) doing it A LONE with no warranty? knowing that a small minimal error, a hacker, a sudden Loss in value, could make you lose everything or a big part of your money?   as you see its nonsense.
There will be neither mass adoption nor total failure. Bitcoin will still be used for some years by some nerds, and it will get slowly less and less valuable until it will be finally forgotten, buried in some history book in the chapter ".utopias".  See history. How many utopias (political economical etc) have realised, how many failed soon or.after?  I know it's a good dream but we should wake up until it's to late... bitcoin will slowly be forgotten.

I personally do not believe it. For me, Bitcoin is the future. The problem is that very often, the future scares.

[RodeoX]

The only reason for using dollars atm , is because its hard to find ( atleast where i live ) to find a store that sells anything for bitcoins. its kind of crazy that everyone havent gotten adopted to bitcoin yet. but i guess it takes time : l

True. "brick and mortar" stores are lagging behind and I do use dollars when transacting in real life. There are only a few places here that take BTC. Being a digital native it makes sense that bitcoin is more used online. In several years you might start seeing it in fast food and other places where credit cards barely work.  

[Lauda]

So you're basing this purely from the current price of Bitcoin?
The price never mattered. Bitcoin would work if it was permanently put at $1.
You do realize that the people who truly understand and see the benefits of technology such as the one used in Bitcoin already stand way above the average?

If a change makes you scared, that doesn't mean that the change is bad i.e., wrong.
If a few people in the past were afraid of change, we wouldn't have computers, or better yet, we wouldn't even be using electricity.

[ChuckBuck]

Here's your evidence:

BTC =\= Dollar Price

BTC = BTC

When 1BTC = 1BTC and you can use that 1BTC anywhere in the world, the price won't matter.

Don't look at Bitcoin as a get rich scheme.  Go to a casino for that.

[Baghead]

I see many idealists still thinking in a future rise. Why? The only real rise of bitcoin was due to a bubble, simply a bubble which lasted all 2013? from that bubble we always thought that was a trend, it was not. We and I were all super enthusiastic. None could forecast that after almost 2.years bitcoin was worth less than before. Tell yourself the truth do not try to convince about what you would like it to be. Actually people are NOT interested in using bitcoin. Yes banks are evil, sure, devil itself, but people like simplicity, many people are...how can I say? stupid and get used to their simple things.  Most people do not like to change. And they do not like to risk. There is no real reason why bitcoin should be mass adopted...to do what? Send money to someone, something you could do with very small fees (I can assure you I constantly do bank transfers I usually spend 1 euro whatever the bank transfer is) doing it A LONE with no warranty? knowing that a small minimal error, a hacker, a sudden Loss in value, could make you lose everything or a big part of your money?   as you see its nonsense.
There will be neither mass adoption nor total failure. Bitcoin will still be used for some years by some nerds, and it will get slowly less and less valuable until it will be finally forgotten, buried in some history book in the chapter ".utopias".  See history. How many utopias (political economical etc) have realised, how many failed soon or.after?  I know it's a good dream but we should wake up until it's to late... bitcoin will slowly be forgotten.

For starters you made the assumption of thinking all of us are deluded when i know very well we was and are still in a pump it is just in the maintenance stage hooking more noobie in along the way. I would not go as far as say people are not interested in bitcoin there are alot of old timers who are never changing their ways but still we promote to them lol The future of the coin sits with whether the young guys want to adopt it with their social media and shit. Why should it not be mass adopted? Have you ever wired money across the world if you had you would no the bs charges you get. I will stop writing and tell you to log out and go back to your precious banks lol not going to waste my time. 

[najzenmajsen]

Here's your evidence:

BTC =\= Dollar Price

BTC = BTC

When 1BTC = 1BTC and you can use that 1BTC anywhere in the world, the price won't matter.

Don't look at Bitcoin as a get rich scheme.  Go to a casino for that.

did you just reccomend him to go to a casino if he wants to get rich? 
not the wisest thing : >

[slaveforanunnak1]

I'll buy your BTC right now, and you can GTFO!
thanks

[pedrog]

Your argument has been told and retold since Bitcoin's inception, Bitcoin is still here and never has been used so much and by so many people as today, I don't see any reason for this trend to stop any time soon.

[slaveforanunnak1]

Your argument has been told and retold since Bitcoin inception, Bitcoin is still here and never has been used so much and by so many people as today, I don't see any reason for this trend to stop any time soon.

Naa man.. he is very smart! no one has thought of that yet! Thank god for his foresight.

[ChuckBuck]

Here's your evidence:

BTC =\= Dollar Price

BTC = BTC

When 1BTC = 1BTC and you can use that 1BTC anywhere in the world, the price won't matter.

Don't look at Bitcoin as a get rich scheme.  Go to a casino for that.

did you just reccomend him to go to a casino if he wants to get rich? 
not the wisest thing : >

Hey, he's a grown man, he can go do what he wants with his money.  The quickest way to riches if you want to gamble with money is put it all on Black, and if you win, hopefully you don't spend it.

He came into Crypto thinking he would get rich and be a millionaire in a couple of months, but sooner or later you have to ground yourself in reality.  Bitcoin isn't going to go up to $1million.  It would take a CONSIDERABLE global financial shift, and that ain't happening anytime soon.

Right now it's a sorta a Tech grass roots movement, and we're like the hippies chanting with the billboards trying to get everyone on board.  Slowly, step by step, we're getting there, but it's not an overnight process.

[ebliever]

I am 25 and I invested my (small) money almost all I bitcoin, mostly when it was 830 and some when it was 600.  I am really panicked. Please give me some advice. Will bitcoin grow?

Here's the real issue. No wonder he's upset and projecting his frustration on bitcoin as a whole.

I got into bitcoin and altcoin mining at the start of 2014, so I know exactly how he feels. My year of mining was tough sledding financially. But I got into BTC out of idealism (despite the awkward timing of coming in on the heels of the "gold rush" crowd), and the rational basis for BTC hasn't changed. (Nor does the OP offer any reasoning against BTC's success). 2014 was a retrenchment from the big Chinese and Gox-driven frenzy of late 2013, running ahead of bitcoin ecosystem development, investment opportunities using BTC, and so forth. I think that has run its course and we are now in the early stages of the next rally. Whether it becomes a measured advanced or another wild frenzy remains to be seen.

But my advice for the OP (and I wish I'd been able to give it sooner) is: DIVERSIFY. No matter how great you think an investment is, never put your eggs in one basket. And start with a conservative foundation - that is, the money you can't afford to lose should be in non-volatile, secured investments. From there you can build up a more risky portfolio, but always keeping a significant level of diversity. For all my faith in BTC and pessimism about fiat currencies I still have a lot more of the latter than the former, though the coming ETF funds may shift that significantly.... but still keeping within the advice given above.

[najzenmajsen]

Here's your evidence:

BTC =\= Dollar Price

BTC = BTC

When 1BTC = 1BTC and you can use that 1BTC anywhere in the world, the price won't matter.

Don't look at Bitcoin as a get rich scheme.  Go to a casino for that.

did you just reccomend him to go to a casino if he wants to get rich? 
not the wisest thing : >

Hey, he's a grown man, he can go do what he wants with his money.  The quickest way to riches if you want to gamble with money is put it all on Black, and if you win, hopefully you don't spend it.

He came into Crypto thinking he would get rich and be a millionaire in a couple of months, but sooner or later you have to ground yourself in reality.  Bitcoin isn't going to go up to $1million.  It would take a CONSIDERABLE global financial shift, and that ain't happening anytime soon.

Right now it's a sorta a Tech grass roots movement, and we're like the hippies chanting with the billboards trying to get everyone on board.  Slowly, step by step, we're getting there, but it's not an overnight process.

indeed! , May i ask why black ? and not red ? and honestly i personally prefer Green because that's the color of cash : > however , i think bitcoin will go up to 1 million usd , in about 20 years or so.

[najzenmajsen]

I am 25 and I invested my (small) money almost all I bitcoin, mostly when it was 830 and some when it was 600.  I am really panicked. Please give me some advice. Will bitcoin grow?

Here's the real issue. No wonder he's upset and projecting his frustration on bitcoin as a whole.

I got into bitcoin and altcoin mining at the start of 2014, so I know exactly how he feels. My year of mining was tough sledding financially. But I got into BTC out of idealism (despite the awkward timing of coming in on the heels of the "gold rush" crowd), and the rational basis for BTC hasn't changed. (Nor does the OP offer any reasoning against BTC's success). 2014 was a retrenchment from the big Chinese and Gox-driven frenzy of late 2013, running ahead of bitcoin ecosystem development, investment opportunities using BTC, and so forth. I think that has run its course and we are now in the early stages of the next rally. Whether it becomes a measured advanced or another wild frenzy remains to be seen.

But my advice for the OP (and I wish I'd been able to give it sooner) is: DIVERSIFY. No matter how great you think an investment is, never put your eggs in one basket. And start with a conservative foundation - that is, the money you can't afford to lose should be in non-volatile, secured investments. From there you can build up a more risky portfolio, but always keeping a significant level of diversity. For all my faith in BTC and pessimism about fiat currencies I still have a lot more of the latter than the former, though the coming ETF funds may shift that significantly.... but still keeping within the advice given above.

so op is basically not happy , cause he overinvested in something that is pretty much a gamble to " invest " in atm. and now he wants everyone else to quit aswell because of this : >

[ToshiOcean]

I think the OP is right - in the sense that people prefer Comfortable and Convenient.

Crypto currency is more than just a "new way to do something on the internet", like Facebook and Amazon. It's a paradigm in itself, as new to the world as the internet was in 1997.

The exitement around Bitcoin is valid. Valid as Napster.

If bitcoin goes whole-world (meaning: the day your grandparents have wallets) it will be "i-Tuned".

Regulation will come. Just make your money before the suits ruin it.

[KaliLinux]

When i speak to chuck i am sending him to this thread because i just do not feel you lot are dealing with the guy in the right way and i am not a bully nor do i want to offend anyone so i leave chuck to finish you off OP just you wait till i hear from him...