How to value Bitcoin

[BeautifulStranger]

The only scorecard here is how much you've made, lost or stood on the side lines for. How Much? Johnarb, has a track record mostly documented here of being on the right side of this whatever you guys want to call it. At the end of the day he is pounding you F88ker noncoiners to oblivion including myself lol. You go Johnarb!!!

So hail to the swampland sellers and screw the swampland buyers?

All I ask for is full disclosure, not just clever, Madison Avenue style, marketing.

Perhaps a breakdown on specific marketing techniques used in prior promotional articles regarding cryptocurrencies in in order at this juncture. I guess it comes down to how committed we are to “The issue” of cryptocurrencies as to how much time we will defend or attack it. As stated earlier, I have an interest in a Bitcoin price rise, so I am actually talking against my book, as it were. This is more than can be said for some of the crypto supporters on here.

 

[BeautifulStranger]

Agree with this

The nocoiners like to argue the currency functionality of bitcoin, when clearly bitcoin is not being used as such by Tesla, Microstrategy, Goldman Sachs, Morgan Stanley, Harvard and Yale endowments, New Zealand pension fund, and so on...

I think some are gaslighting and some are clueless like DiceAreCast

In the OP, I tried to highlight the powerful functionality of this disruptive technology that was started by Bitcoin, but nocoiners will always diminish it to simple-minded arguments that forces the conversation to go down to their level

Nocoiners need to educate themselves to have meaningful conversations about the subject, but Bitcoin is not an easy concept on many levels

Attempting to characterize those who have justifiable concerns as “Naive” and “No Coiners”, without specifically addressing those concerns is more marketing BS. Bitcoin has unique risks that real investments do not have, as partially discussed in my pervious posts.

You have a consistent pattern of promoting Bitcoin, seemingly well beyond someone merely talking your book, as suggested by the number of industry related articles you’ve posted.

Other than attempting to leverage the psychology of FOMO (Fear of missing out), especially seen in newer, less experienced investors, you care to directly attempt to address my concerns?

After all, answering objections is a fundamental part of sales, right?

 

[johnarb]

Attempting to characterize those who have justifiable concerns as “Naive” and “No Coiners”, without specifically addressing those concerns is more marketing BS. Bitcoin has unique risks that real investments do not have, as partially discussed in my pervious posts.

You have a consistent pattern of promoting Bitcoin, seemingly well beyond someone merely talking your book, as suggested by the number of industry related articles you’ve posted.

Other than attempting to leverage the psychology of FOMO (Fear of missing out), especially seen in newer, less experienced investors, you care to directly attempt to address my concerns?

After all, answering objections is a fundamental part of sales, right?

Dude, I'm not in the business of selling bitcoins. You have me confused with a Coinbase or GBTC employee

You can stay as a non-bitcoin investor

Good luck to you with your other investments and I mean that, you seem to be a reasonable guy

 

[BeautifulStranger]

Dude, I'm not in the business of selling bitcoins. You have me confused with a Coinbase or GBTC employee

You can stay as a non-bitcoin investor

Good luck to you with your other investments and I mean that, you seem to be a reasonable guy

My bad, since I have read quite of a few of your 1594 posts over the years, most of them supporting Bitcoin, and some of those posts containing promotional Bitcoin articles that tended to minimize the issues facing the cryptocurrency space, I naturally thought you would be up for addressing my concerns. What is one more post to you, out of 1594 so far?

Edit: If you care to address my concerns, lets add this one: How about the hundreds of millions of dollars lost or stolen in Bitcoin from people’s computers because they were hacked? Some of the computers involved were used by professionals, right?

 

[johnarb]

My bad, since I have read quite of a few of your 1594 posts over the years, most of them supporting Bitcoin, and some of those posts containing promotional Bitcoin articles that tended to minimize the issues facing the cryptocurrency space, I naturally thought you would be up for addressing my concerns. What is one more post to you, out of 1594 so far?

Oh, yea, that's one thing I was meaning to address

You know that I'm posting all these news from Blomberg, CNBC, Finance Yahoo, all reputable financial publications about bitcoin adoption on the Cryptocurrencies forum, right?

How else are we going to share trading and investment ideas about this incredible investment asset called bitcoin and other cryptos?

If you had been reading all my posts since April of 2017, you might have been enticed to invest and DCA into bitcoin and you would be up 10's of thousands of percents in ROI

And I'm the bad guy?

 

[johnarb]

Edit: If you care to address my concerns, lets add this one: How about the hundreds of millions of dollars lost or stolen in Bitcoin from people’s computers because they were hacked? Some of the computers involved were used by professionals, right?

I'm not responsible for people's computers and their security. They can buy from Coinbase and leave it there

Am I responsible for preventing people's homes from being broken into? or their cars? Same thing with their computers if they have bitcoins stored on local wallets

People are not children that needs babysitting

If you want to be like a child protected from the boogeymen, you should go to a childcare facility and don't handle anything of value, no offense

 

[BeautifulStranger]

Oh, yea, that's one thing I was meaning to address

You know that I'm posting all these news from Blomberg, CNBC, Finance Yahoo, all reputable financial publications about bitcoin adoption on the Cryptocurrencies forum, right?

How else are we going to share trading and investment ideas about this incredible investment asset called bitcoin and other cryptos?

If you had been reading all my posts since April of 2017, you might have been enticed to invest and DCA into bitcoin and you would be up 10's of thousands of percents in ROI

And I'm the bad guy?

You certainly could be considered a bad guy if a non-professional relied on one-sided information you’ve presented, and they lost their money. Bitcoin certainly had its ups and downs, right? Much more so than investments people may have some familiarity with.

What is so bad about telling the whole story about Bitcoin, including the risks?

 

[johnarb]

You certainly could be considered a bad guy if a non-professional relied on one-sided information you’ve presented, and they lost their money. Bitcoin certainly had its ups and downs, right? Much more so than investments people may have some familiarity with.

What is so bad about telling the whole story about Bitcoin, including the risks?

I'm not a financial advisor, I'm sharing adoption and development about my favorite investment asset, bitcoin (and cryptos)

Anyone making an investment needs to do their own dd

If you disagree with what I post, you can also short bitcoin and bitcoin futures and that's what makes a market

I'm sure there are Tesla threads where the longs are posting their support and backing it with data, and the shorts are doing the same

That's what makes a market. I'm a long only investor

 

[BeautifulStranger]

I'm not responsible for people's computers and their security. They can buy from Coinbase and leave it there

Am I responsible for preventing people's homes from being broken into? or their cars? Same thing with their computers if they have bitcoins stored on local wallets

People are not children that needs babysitting

If you want to be like a child protected from the boogeymen, you should go to a childcare facility and don't handle anything of value, no offense

if you are truly just an investor without industry ties, then yes, I would agree that you owe no one the responsibility to disclose. However, I have never seen such an effort in promoting anything like you have, suggesting to me you have a greater interest in Bitcoin beyond investment.

But that’s the rub, you have all these posts in support of Bitcoin, but you are unable or unwilling to answer my valid questions. If you don’t know an answer, just say so. If you agree my concerns are valid, admit it, and perhaps we can discuss ideas on how to effectively address them.

As it is, I have been fairly easy on you. Your title of this thread is “How to value Bitcoin” and you did post a few paragraphs that included the misleading use of statistics. Further, you have been seemingly evasive with your answers so far. I have not even done an “Expose” on any of the articles you’ve posted, including the ones from Bloomberg.

If Bitcoin is so solid, shouldn't it sell itself? Why the constant cheerleading?

Thrice requested, please specifically address my concerns regarding Bitcoin as an investment and as an alternative form of payment. Thank you.

 

[Pekelo]

Eth is a smart-contract platform which does not directly compete with bitcoin on its most important function

Which is what, store of value? ETH goes up the same all the time, so yes, it is a competitor. Same with LTC. The adoption level could be changed anytime. Hey, Doge]s adoption is going through the roof right now!

Don't know who is backing Nano, but BTC is mostly Chinese mined, so I don't see your problem with it.

Nano's only problem is that people don't want to switch to it because nobody cares about the actual technology, just the gainz.