Post
Topic
Board Bitcoin Discussion
Merits 5 from 2 users
Am I pessimistic or is bitcoin still over hyped?
by
:wq
on 23/11/2018, 04:13:11 UTC
⭐ Merited by dbshck (3) ,o_e_l_e_o (2)
Disclaimer: I don't own any crypto currently, and haven't done so for a few months now. I left the market in profit, and haven't been able to appropriately value bitcoin since, so haven;t made a new entry yet.

Ok, first of all, I know this is going to be an unpopular opinion on a Bitcoin forum, but here goes.

Every time I first sit down at my computer each day, I trawl through the relevant cryptocurrency related subreddits, news sites and of course this forum. Day in and day out, without missing a heartbeat, I see a flood of incredibly optimistic hype posts relating to crypto and its future success. Whether it's the age old comparison between the bitcoin price a few years ago compared to today to the ever popular debate about it solving all the financial problems in the world, the content never ends! I'm struggling to actually determine if I'm burnt out from all the talk over the years or if its actually a real problem formed by a large following of overly delusional bitcoin fanatics who aggressively believe that bitcoin is the be all and end all solution to all the worlds problems. I can't help but feel the more and more I get involved with crypto, the more and more I feel like it's just a well orchestrated ponzi scheme, that has a large amount of people fooled into believing it's their gateway to a better world and financial freedom.

Does anyone else share similar feelings, or do I need a break from crypto to level my head? I am not saying that bitcoin isn't a revolution, I'm saying that its being pushed by brainwashed people far beyond the extent of its appropriate reach.