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Re: Do you still believe in bitcoin
by
prtty2gal2
on 29/06/2016, 19:27:04 UTC
I joined up over here in 2012-13. At the time it seemed like a way to make a quick buck. Overtime as i read about it more and more, i became interested in the freedom it provides. As time has went on however, my interest and belief in bitcoin have waned. I won't get into the details of why, but i'm wondering what your honest opinion of bitcoin is, with a simple vote, and possibly an explanation.

I joined about the same time. At the time I was very interested in Bitcoin from a technical point of view, and I'm still interested just as much. Starting with the first bubble of 2013 (i.e. April), 90%+ of the people seemingly "interested" in Bitcoin were just circle jerking in their greed.

Don't get me wrong: I'm cool with greed, but people that were just hanging around because, you know, get rich quick 'n all, they bring nothing, nada, zip, nil to the community. Go watch your ticker, feed another trollbox and stop making noise.

And I won't even get into details about the horrible shitcoin spree all over the place at the same time.

Then it started deflating, and my hopes were that it would weed out the noise (on this forum and in general).

I don't know if it actually happened. At least the developments on max block size extensions are interesting to follow.
I dont believe into the bitcoin anymore and that is because the bitcoin has dropped allot of his value and that is not good for
the future of the bitcoin as you can see allot of people are stopping to use the bitcoin now is this the end?
Nope. Definitely not the end. Just because many people are stopping to use bitcoin doesn't mean everyone SHOULD be ending their use as well. They are probably only quitting bitcoin because they lost profit when they bought bitcoin at ~$700+ and then the value dropped. I feel sorry for them for feeling defeated. I do.

But as for me, I am just really lucky because I bought most of my coins when the price was at ~$400 back in December and was able to sell quite a lot of coins when it hit the ~$750 mark.