Quote from: JayJuanGee on February 11, 2018, 01:31:18 AM

Quote from: RoomBot on February 11, 2018, 01:14:58 AM

Quote from: JayJuanGee on February 10, 2018, 09:53:18 AM

Quote from: rolling on February 10, 2018, 09:26:31 AM

Quote from: somac. on February 10, 2018, 09:15:13 AM

Doesn't matter what I think, and as you said "people who understand the value of bitcoin". Newbies don't understand shit, but, they do understand metrics like market cap, so it will hurt bitcoin. If bitcoin is not number one on the shitty marketcap metric that will hurt bitcoin adoption plain and simple.

What do the advertisers say? "you don't need a good product, just good marketing"

In that case, bitcoin was fucked from day one. 21 million coins for the entire world economy was never going to work. Most world citizens (>99%) have never had $8750 at one time in their lives. They will never buy bitcoin at that price. They will buy Ripple for $1 instead.

EDIT: Yes, I know they are divisible but the average idiot can't comprehend that.

When bitcoin is $100k or $1million per unit, they are going to be even less affordable, but so fucking what? Not everyone can own a whole bitcoin, and sooner or later that fact is going to sink in. Right now, there are quite a few peeps who can relatively easily own 1million satoshis, but later on, even that goal is going to become more difficult for peeps to achieve. So if they want to be bitcoin rich, they better get their asses onboard earlier rather than putting their money into some scam that may or may not help them in the BTC accumulation arena.

I sent several of my friends $10-$50 worth of BTC back in 2013-2014.
Even though they may only hold .01 -.5 BTC, they're pretty happy with that little airdrop now!
And no one is tripping over these temporary corrections. We're HODLers.
Anyone who doesn't understand that you can buy a PART of something worth $10K, (i.e. $100 worth of BTC) shouldn't be in BTC!

Totally agree RoomBot... Surely we can have some sympathy and attempt to hold the hands of newbies part of the way, yet at some point, peeps gotta be doing a bit of their own due diligence and figure out some of the specifics of this GRAND paradigm shifting technology.. otherwise, they just gonna be left running after the train...

Yeah, maybe they don't care right now, and yeah maybe they are too nervous about the whole bitcoin scary situation, but down the road, they might come to realize that they could have, should have, would have been in a much more comfy position with just a relatively moderate-sized investment of their time and money.

That's right. The smartest ones kept buying. They're all happy.