Quote from: goldkingcoiner on Today at 04:16:12 PM

As far the name of Bitcoin being sullied: I think we should, as a community, separate "Bitcoin" from "Crypto". Which is what JJG has doing since the dawn of Bitcoin.

I will admit that there has always been various vaguenesses and misunderstandings in regards to what bitcoin is or even how bitcoin is talked about.

When I first got into bitcoin in late 2013, there seemed to be more comparisons of bitcoin to other assets such as gold or to the dollar and to be suggesting that bitcoin was inferior to the other asset classes and currencies, and it seems that in the 2014/2015 time period people would frequently avoid using the bitcoin term by referring to the supposed "superiority of the underlying tech" such as blockchain, so it seems to me that the term crypto became more and more sloppily used around the time of the launch of ethereum in 2014/2015 and a lot of marketing going on around various other competitor shitcoins around that time which escalated more and more and so it seems that even using the term crypto and talking in vague ways with the employment of the term crypto has been getting worse and worse with the passage of time..and maybe even stepped up in recent times since 2020 (I am not sure?)..

Even though we do have quite a few people who are similarly passionate as me to continuously make attempts to clarify the difference between bitcoin and the various other projects and even to attempt to get clarify in regards to the ongoing employment of the term "crypto," and some folks will admit that they had not been speaking clearly and attempt to clarify what they were trying to say, and other folks will adamantly refuse to clarify their use of the term crypto and continuously convolute terms.. even if some of us might say that we do not know what the fuck they are talking about..... and surely, most of the ability to get away with using such vague terms will come when either the audience is not paying attention or for example if someone is interviewing a rich or powerful person and is hesitant to insist upon clarification.

Frequently, we will see those kinds of vague juxtaposing of language in government policies and statements too (or media statements that may or may not be knowing that they are parroting government purposeful vagueness or even financial institutions who might perceive it to be in their interest to continue to be vague in regards to their understanding of what is bitcoin as compared to various crypto projects).. and it is my belief that intentional or even repetitive use of such vague terms, even when asked for clarification will show that those kinds of actors are likely purposefully engaging in such obfuscating and confusion making attempts because of their agenda to either attack bitcoin or to pump their own product... which gets us back to the need for each of us to keep our eyes on the prize..; and attempt to minimize how much we are consciously or sub-consciously allowing ourselves to be mislead by some of the sloppiness in the language at best and the purposeful misleading in the language at worse... which ONLY leaves us to blame if we fail/refuse to engage in a sufficient and adequate amount of critical thinking to at least attempt to protect ourselves... if we want to go the extra step and protect others as well, then those kinds of choices to protect others remains optional (discretionary).

Quote from: salad daging on Today at 04:51:28 PM

Quote from: goldkingcoiner on December 03, 2022, 10:16:13 PM

[edited out]

There is no good crypto everything will be "shitcoin" too and right behind the concept they just want to imitate Bitcoin but basically they can't afford it with the hope that crypto will only be a display and can't be used more than Bitcoin, Crypto is a good investment it's not clear in my opinion except bitcoin one by one.

You still seem to be mixing up a lot of your references salad daging. The way that you talk about something such as bitcoin versus shitcoins and how you invest may well topics that diverge.

How you invest your time, money and psychology are quite discretionary and people will have all kinds of different preferences in terms of how much to allocate to various projects and even come to differing conclusions in regards to whether to invest at all in some projects or others or how much time that they might be able to spend... and whether they believe that there might be payoffs from such efforts.

How you talk about it seems to be another thing.. how delusional or realistic are you in the way you present information or do you adequately disclaim your level of knowledge/confidence? Others probably cannot answer those questions for you, but if any of us is in a bitcoin thread or some kind of a quasi-public thread, then your ways of talking about such topics might well end up being challenged, and more likely to be challenged the more that they might deviate from the perceived reality of other members.. but it still does not necessarily mean that you are wrong in your own assessment, merely because you are receiving pushback.. ..

You know the factors to consider when investing in bitcoin**, and those kinds of considerations could be accounted for when considering shitcoins or various other projects as well.. including ICOs, Defi, NFTs... and then sometimes if we are considering diversification, there is a difference between diversifying into different asset classes versus diversifying within the same asset class (if you might know the difference or that something in the asset class is sufficiently different or even worth investing into).

** just for clarity.. these are some of the most important factors to consider when investing into bitcoin: cashflow, how much bitcoin we have already accumulated, our other investments, our view of bitcoin as compared with other investments, timeline, risk tolerance, and time, skills, goals (investment/lifestyle targets) and our abilities to strategize, plan, research and learn along the way including tweaking strategies from time to time to consider trading, reallocating, use of leverage and/or financial instruments.