Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's historical low and the lessons it teaches us
by
jseverson
on 19/08/2018, 02:14:03 UTC
I think we should stop spreading these 100X or 1000X stories. Bitcoin has indeed experienced rapid growth, but over-exaggerating these will only strengthen speculation in Bitcoin and do nothing for community growth.


I'm not saying you're wrong, but I feel like stories like this also improve optimism that the community and adoption is growing. It may also encourage outsiders to dip their toes for whatever reason they may have. Some users don't particularly have high opinions on speculators, but I'd say speculators are one step closer to being actual Bitcoin users than those who don't own any at all (most of them do trade and experience the technology first-hand), and are thus still good for the community and adoption.

I see where you're coming from too. Talking about nothing but the price could encourage some bad practices and even worse mentality. We can't really stop that from happening though, so we might as well embrace it and look at the bright side.