Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person that they should use bitcoin without talking about its price or making profit by trading it.

The people you've described tend to be very very stupid, or at least simple-minded. Sheep in general. They believe that government and establishment will help them out, if they only vote for the right politicians.

They think that the best way to make money is to put it in a bank and lose 3% purchasing power each year, despite interest, or to invest in some conservative mutual funds which won't make them any real profit until they die - at least they can pass it to their children... after a hefty tax.

Or maybe they just love being slaves.

EDIT with regards to your quote - if these people are fiat-loving, then you'd have to change that first. For them, Bitcoin offers no benefits because they love the government and idolize the leaders of their political philosophy in government.
Of course, these same leaders will dump them in an economic crash and tax them into oblivion.

I think the proper technical term is agreeable. It's not something you choose. Just like we didn't choose to be disagreeable.

In my experience, most of these "agreeable" people become very aggressive, and call Bitcoin a "scam" etc.

The most common concern I hear is that "Bitcoin is not controlled by anyone, therefore it's too risky". I'm not kidding.

Um, how about a little more discussion about price movement??

Only down $10k. Just a flesh wound. $50k right around the corner...

Yeah we are bored. Years of the same shit over and over, nothing to talk about.

At least so far as price. What would be a useful discussion is how to live when you can choose instead of have it dictated for you. I can't be the only one having an interesting time transitioning.

Yep... exactly... The last year, and perhaps a bit longer (maybe two years) has shown the bull scenario, and has also allowed BTC HODLers to profit within the outside and speculative possibilities of their dreams, and now we are "suffering" from seeming ongoing support (rather than resistance) at the $10k level, which makes longer term investors to be swimming in a decent state of equity. Yeah.. I know that some folks cashed out 50% of their bitcoins, but there are a lot of strong hands too that are longer term bitcoin holders, and really did not need to cash out a large percentage of their bitcoins in order to benefit in the land of considerable profits... So, yes.. that does bring a new perspective, and likely a new way of living for several folks, where the dream (or some variation of it) needs to be put into action... which is enjoying some of the fruits of exponential asset appreciation (our little friend BTC) that is likely far from over, yet.