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What do people think about Bitcoin?

Discussion in 'BBS Hangout' started by Spooner, Jan 25, 2014.

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What is the fate of Bitcoin?

  1. Currency of the future

    35.0%
  2. Passing Fad

    65.0%
  1. tallanvor

    tallanvor Member

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    This is some coping bullshit that does not apply to lots of us. I have never been against bitcoin
     
    Sajan likes this.
  2. DonnyMost

    DonnyMost No Second ₿est
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    In my experience it's true about 99.9999999999999% of the time, so imma stick with it.

    It takes hundreds if not thousands of hours to understand Bitcoin, so if anyone is "for" bitcoin from the moment they heard about it, it signals to me that they probably didn't think critically enough about it.

    There's a healthy skepticism that exists before all the knowledge gaps get filled in. The idea that someone never doubted it sounds more foolish than wise to me, tbh.
     
    #7042 DonnyMost, Nov 29, 2024
    Last edited: Nov 29, 2024
  3. tallanvor

    tallanvor Member

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    'the people who got it right were really wrong' is an unhealthy take. Learn to internalize or you will never improve. The proper attitude to have is ' what did others see that i didnt? Why didnt i see it?'
     
    LosPollosHermanos likes this.
  4. DonnyMost

    DonnyMost No Second ₿est
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    The idea that you understood Bitcoin from the moment someone told you about it is not believable.

    I think you may be getting hung up on the idea of "for it". In this context "for it" is not meant to mean you support it in theory, it means you understand it, know it is a good idea, and know it will succeed. Anybody can be "for" something in theory, but having the practical and technical knowledge is a different matter.

    Someone can tell you they have an idea of how to separate money from the state, and you can be "for" doing that but it doesn't mean you understand how or why it works.
     
  5. Sajan

    Sajan Member

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  6. Ziggy

    Ziggy QUEEN ANON

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    oops wrong thread
     
  7. Ziggy

    Ziggy QUEEN ANON

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    I'll contribute this in penance.

    [​IMG]
     
    #7047 Ziggy, Nov 29, 2024
    Last edited: Nov 30, 2024
  8. Scarface281

    Scarface281 Member

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    Xrp is really flexing this morning...
     
  9. DonnyMost

    DonnyMost No Second ₿est
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    Good chance to dump whatever you have and put it into BTC.
     
    Space Ghost likes this.
  10. tallanvor

    tallanvor Member

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    i think there is another thread for centralized shitcoins. this is the adults table.
     
    Sajan, DonnyMost and Space Ghost like this.
  11. Scarface281

    Scarface281 Member

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    I'll wait until XRP gets to $10 then MAYBE I'll flip a few hundred coins for another BTC.

    Well, XRP grew up and put his seat at the other end of the table. But seriously, lol at XRP being a shitcoin. A centralized shitcoin is like UNI or CRO. The memes of 2017 becoming true, you love to see it.
     
  12. Space Ghost

    Space Ghost Member

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    HFSP

     
    Sajan likes this.
  13. jayhow92

    jayhow92 Member

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    This era of crypto is going to be interesting.
     
  14. Buck Turgidson

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    Once you can use it as actual currency it'll get wild.

    Just like electric cars.

    Maybe someday, maybe soon?
     
  15. Air Langhi

    Air Langhi Contributing Member

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    You really can't use Bitcoin as actual currency. Transaction are very slow and can have high fees. It's basically one big ledger and a whole bunch of computers verify.
     
    #7055 Air Langhi, Dec 4, 2024
    Last edited: Dec 4, 2024
  16. Buck Turgidson

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    Yes, that was my point.

    Maybe someday?
     
  17. tallanvor

    tallanvor Member

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    You didnt understand btc then and you dont now. Eventually you will copitulate and buy some out of self preservation, but you will be a late adopter. HFSP

     
    #7057 tallanvor, Dec 4, 2024
    Last edited: Dec 4, 2024
  18. Buck Turgidson

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    Yes, maybe someday I will copitulate and go to the store and try to pay with them.

    I have them, just like I have stock shares. Neither can buy me groceries.
     
    DonkeyMagic likes this.
  19. tallanvor

    tallanvor Member

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    Why would you spend the best performing asset of all time on groceries when the store takes dollars? The person i responded to said bitcoin was too slow and costly for small purchases. Hes wrong. starbucks, pizza hut, mcdonalds, and walmart all take btc and have for years (though not in the US). Not to mention the countless number of online retailers who take btc.
     
    #7059 tallanvor, Dec 4, 2024
    Last edited: Dec 4, 2024
  20. Buck Turgidson

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    I like dollars. Stores like dollars.

    Balance sheet loves ephemeral, theoretical monies.
     
    Space Ghost likes this.

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