Post
Topic
Board Bitcoin Discussion
Re: Bitcoin slides below $59k
by
larry_vw_1955
on 19/08/2024, 05:26:32 UTC

That's more reason why I refused to pay attention to everything I come across on the net or media,
it's kind of hard to ignore though when famous people start talking out of their ass. and some of them are pretty intelligent in their own right but when it comes to bitcoin i'm not even really sure they understand how bitcoin really works. since some of these people come from the business world. and don't really care about technicals...they could be right but i'm not sure i fully trust them unless they really understand the technicals of bitcoin, it's challenges and things like that. i doubt some of them really even use bitcoin!

if you dont even understand how bitcoin works mathematically, i don't see how you could make any type of prediction about its price in the future. that may sound like a strange thing to say but i dont think bill gates understands how bitcoin works mathematically so his opinion of it doesn't really matter much to me. he would need to understand how it works from the ground up before he could really be in a position to understand its strengths and weaknesses.