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It wasn't always this way, in the early days there was genuine excitement around the technology. bitcointalk.org was a hive of ideas and opportunities. Bitcoin
by celticninja 5y ago
It wasn't always this way, in the early days there was genuine excitement around the technology. bitcointalk.org was a hive of ideas and opportunities. Bitcoin was used to transact internationally to trade goods, it was a payment medium as it was supposed to be. Even the bitcoin subreddit was good, but that turned first. Then all forums became dominated by price. I shudder at the posts I read these days about newbies to bitcoin. You are right it has become all about greed, nothing about the technology. When BTC hit $20k I remember telling a friend that while I was happy with the price it was ridiculous, bitcoin hadn't changed sufficiently to be worth that, but I also knew that if it hit $20k it would hit $50k and $100k, but I alway thought it would take longer because I assumed it would come from adoption of the technology. But it is all speculation now, you only have to love at dogecoin to see that. It is a virtually limitless coin, if it hits $10 it is through sheer madness. The same things said about bitcoin are being said about dogecoin. "It will be the payment medium of the internet, you can buy a coffee with it etc. But every post in the subreddit is about Lambos and moons.
It's a real shame.