Quote from: Findingnemo on July 26, 2024, 09:44:25 PM

Everyone has their own way of seeing Bitcoin and obviously most people see it as asset rather currency that's why we often talk it as investment which may not Satoshi really wanted but don't forget those Holders are the primary reason why Bitcoin survived so long when people expected it would reach zero.

You got a point there because decentralization is often labeled as freedom but if on topic only, this should only be related to how it works as a currency and a wrong-doing in general is always wrong. We should not use an alibi or something only to make it look like we got a point.

Quote from: Viscore on July 26, 2024, 11:53:11 PM

This is not new anymore since almost all those newbies who come to the market have this type of mindset, that bitcoin will make them rich in an instant. That's why we keep seeing them rushing to learn about bitcoin so they can finally invest their hard-earned funds and allocate them all to bitcoin, hoping that they will get 3x or 5x amount of returns from their capital. But just as expected, newbies are still not capable to invest due to lack of knowledge and experience, so we end up seeing them losing all their funds and put all the blame into bitcoin saying bitcoin a big scam after all.

Not only newbies but even the experienced ones can also think of that. There is nothing wrong with it anyway because that is the reality. If we buy at the lowest possible price, there is a good chance that BTC will then pumped up.

Imagine if we also bought boat-loads of it? That should be enough to make us an instant millionaire or even billionaire. That's great if they still manage to learn it even for a quick period of time because I believe that the majority just rush on it without a knowledge in head. People like these are the ones who can get poor instead of being rich.

The more it will occur if like you said they will allocate all of their funds on it. That's crazy. Even those who have an experience already doesn't do this. They should be shy about their selves for Christ sake. Even though that's funny when they say that BTC is a scam after they fail, at least they try. It's not worse as those who call BTC a scam in an instant without even trying it.