Quote from: BrewMaster on April 29, 2020, 05:02:05 PM

the biggest problem is people themselves. it was not government who forced them to like KYC and go to centralized places to acquire bitcoin such as Coinbase, Binance, Bitpay,... it was not the government who forced them to forget that bitcoin is a currency not an investment. ... they did that all by themselves.
my perspective about bitcoin has not changed at all but my perspective about "bitcoiners" has changed or maybe my eyes are open now.

You're right, it's us blindly accepting the states stomping our face with their boot and accepting anything they request. I think the old bitcoiners are still on our direction towards decentralization and supporting what Bitcoin was supposed to be, but the newbies are constantly affected by the false ideas propagated among them and they do affect others too. In the end, it's few of them following the original path Bitcoin had and the rest going for the new, shitty direction.

Quote from: acdc on April 29, 2020, 05:59:11 PM

There are many reasons why people participate in the cryptocurrency market, of which profit is one of the most important reasons. When Bitcoin and the cryptocurrency market are profitable we can attract investors, thereby developing blockchian technology. If someday investors invest in the cryptocurrency market disappear from the market, I am sure that the cryptocurrency market will collapse.

I agree that profit is an important factor of entering a market, but the idea is not using Bitcoin purely as an investment. On the other hand, as other members above said, they do bring in lots of newbies out of which at least a handful will become true believers. It's a double-edged sword.

Quote from: hatshepsut93 on Today at 04:42:24 AM

Even people who only want to get rich quick still contribute to the network. If they buy Bitcoin, they increase its price, and higher price means more hashpower for mining, and more hashpower means the network is harder to attack. So, without the "get rich quick" people the network won't be as secure as it is now. Also, traders provide liquidity, which makes the market healthier, and everything that is good for the price is good for the network. Also, the more people use Bitcoin and do transaction, the harder it is to spy on everyone.

Well, if these people who only want to get rich quick help increase BTC's price and most likely make new miners pop up too, then don't you think they'll also help decrease it once they find out it's not as easy as they thought it would be to earn a fortune off BTC?

I don't think your last statement is a fact. The more people use Bitcoin, the better it actually is for those creating their own BTC reverse search & analysis tools. Do you think research on BTC's network is all done manually? It's probably going to be all about AI and automated links between addresses (see WalletExplorer). It's going to make their web expand even more. I guess it's like a survey - the more people you survey, the more accurate it gets.

Quote from: Eugenar on Today at 08:28:21 AM

Well said, there are so many people who are in cryptocurrency having a goal of being rich, well even me has that reason and I think all of you guys think the same way because one of the purpose why we are entering something or joining something is because we want to be benefited from it and that's how bitcoin gives to all of us.

We are also here to have more information about cryptocurrency, some only wants to have some transaction with others. We have been so long in bitcoin and we see how good is bitcoin now from it's very first time until now, many things happen and thing are going well.

I'm more willing to benefit from it as in having more freedom than more wealth. It makes no sense to chase only wealth if they are stripping your freedom away.

Quote from: Reid on Today at 09:22:23 AM

IMO, these are huge statements. I love it.
Gave me the chill.
~

Thanks for the support! Cheesy

Quote from: Reid on Today at 09:22:23 AM

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Hmm.
Privacy. Maybe we should create a survey on how they define it.
Looking at how many Facebook users, you will see they just don't care about it anymore.
Could have been better to stay with Twitter but they picked Instagram instead posting their photos for everybody to see.

No, they might not have the spare time to care about it anymore.
Popularity and being seen is the culprit.
They want likes, they want to be accepted by the mass or they just want some attention risking their own privacy without even having the thought.
It's scary and it is becoming the norm of society.
If this keeps up, it will become traditional and nobody will pay attention anymore.

I bet most would reply something not much different than "being alone, with nobody around". But they forget that their web cameras can see them at any time and their Echo are listening to them 24/7.

I think it already became traditional. Almost nobody's paying attention.

Quote from: ETFbitcoin on Today at 09:33:01 AM

The ironic part is many people realize data is valuable, but they either don't aware it's implication towards privacy or their data become worthless when compared with convenience.

I had this chat with someone close to me - they ran out of credit on their prepaid card and praised WhatsApp and Facebook for being free so I asked them, "have you ever wondered why they're free?" which put them to silence for a few moments.

Most people don't even realize these things and how they're willingly selling themselves just so they can have things "for free".