Why are bitcoin believers so fanatical?

[Anonymous No.26108327]

Go on any twitter thread about someone questioning its value, and you get a ton of weirdos appearing with “stay poor nocoiner!” and “it’s the future read The Bitcoin Standard DYOR or HFSP!!!!”

Jesus man it’s just an investment why get so emotional about it???

[Anonymous No.26108405]

Why this smug frog thread? If someone would have said you during the last summer that Bitcoin will hit 40k you would have made same kind of thread askin "Why are bitcoin maximalists so delusional?" and laughing at them/belittling them, even though they were right and you were wrong

You are a sad little man

[Anonymous No.26108440]

>>26108405
What? I also hold BTC you dumbass, and I’m happy for the 3x gains. But I dont see any need to go on twitter or reddit and defend how i spend my money. Like who the hell cares what others think, why be an internet hornet?

[Anonymous No.26108480]

>>26108440
>Le i don't care im a big boy

Bitcoin is a way of life you fucking idiot. Someone attacks your way of life it is natural to defend it

I live for Bitcoin and breathe it

[Anonymous No.26108516]

>>26108440
You dont care so muuch that you maed a thread about it.

[Anonymous No.26108529]

>>26108480
You need help anon, it’s just an investment. Why get so emotionally hung up on it? We don’t go and assblast people who question $PLTR’s valuation do we? Like why the fuck would we do that I dont get it

[Anonymous No.26108553]

>>26108327
Smh, have fun staying poor niglet

[Anonymous No.26108556]

>>26108529
You have no idea what Bitcoin is or what it is capable of

[Anonymous No.26108565]

>>26108327
Because it's not just an investment for many. Look into its origins, it means much more but I don't expect some stupid normies to understand.

[Anonymous No.26108568]

>>26108556
>You have no idea what Bitcoin is or what it is capable of
lmao
its capable of nothing

[Anonymous No.26108587]

>>26108516
I’m just curious about the psychology of it, what drives people to be so emotionally invested in this one asset in particular.

It seems BTC’s strength is neither the network effect nor its ability to usurp gold, but the sheer unwavering faith of its believers who are willing to keep pouring money into it. Works for me of course, just wondering why.

[Anonymous No.26108612]

>>26108480
>Bitcoin is a way of life you fucking idiot. Someone attacks your way of life it is natural to defend it
>I live for Bitcoin and breathe it
Cringe

[Anonymous No.26108615]

>>26108529
You clearly don’t understand Bitcoin or blockchain.

[Anonymous No.26108644]

>>26108587
What drives boomers to be so emotional about buying shiny rocks and hyper inflated stocks?

[Anonymous No.26108687]

>>26108615
It’s a distributed ledger of values secured by cryptography, where participants have access to ledger entries via private keys. I mean the concept is brilliant but nobody goes on a CyberJihad to defend linked lists or SQL commands, so what gives?

[Anonymous No.26108733]

>>26108644
Outside of shills like Peter Schiff I dont think anyone sticks their neck out to defend the S&P500 or gold as much as rando crypto believers do. It’s like a mental worm that hooks into the human brain or something. Fascinating!

[Anonymous No.26108736]

>>26108327
The bitcoiners who have successfully held for a lengthy amount of time did so by ignoring dummies such as yourself, and have obviously done well to do so.

It takes a lot for the network effect of something like a new type of money to be jumpstarted from the starting point of zero dollars and bringing it all the way to thirty thousand dollars. This did start with well justified libertarian views about how bitcoin is a genuinely more moral and monetary system than government fiat.

Also don't pretend that alties don't just ape characteristics of bitcoiners because they wanted to follow/replicate that success. Most alt "communities" just copied from bitcoin cargo-cult style. At best they might be described as being only superficially nicer than bitcoiners, because they feel they need a more political diplomatic stance to pump their bags. It's the niceness of disingenuous politicians though.

[Anonymous No.26108772]

>>26108327
It's pretty obvious why. These are people with most of their net worth stored in bitcoin who have legitimate financial institutions like JP Morgan Chase (largest bank in the US) now saying it'll reach $146,000 which would send these anons into multimillionaire status.
Of course they have a huge emotional incentive to convince themselves it's going to reach this good end and let them cash out and retire in their 30s never having to wageslave again. And inversely it would be soul crushing for the price to stop where it's at or even drop down to near zero leaving them broke and now resigned to needing to live the wagecuck life working hard for peanuts until they retire at 80.

[Anonymous No.26108791]

>>26108736
*genuinely a more moral monetary system than fiat

[Anonymous No.26108859]

>>26108736
Bitcoin is like the seventh day adventist church. When the prophecy of the apocalypse (or becoming new money) failed to come to pass, they simply pivoted successfully to becoming something else (in this case, store of value gold 2.0). Of course, whenever there is unwavering faith, there’s good money to be made, so let’s be clear i am not complaining, just wondering what makes it so uniquely... faith inducing.

[Anonymous No.26108879]

>>26108687
>I mean the concept is brilliant but nobody goes on a CyberJihad to defend linked lists or SQL commands, so what gives?
What the fuck are you even saying? A nobody on Twitter said “stay poor” so now you believe all crypto investors are fanatical terrorists?

[Anonymous No.26108956]

>>26108879
I didnt say “terrorist”, i said “fanatic”, there’s a big difference. There’s a pretty influential dude who was asked what he thought of btc, and he honestly just said “i dont believe it’s as valuable as some people think”, and holy shit random people from all around the world appeared to whale on that one obscure twitter thread. Got me thinking is all. For me it’s just another speculative asset in my portfolio so it was eye opening.

[Anonymous No.26108961]

>>26108859
Your comments reek of ignorance regarding blockchain technology and the history of Bitcoin in general. Just stop.

[Anonymous No.26108997]

>>26108961
See even your replies are like super emotional and hostile and I’m not even questioning its value. Amazing!

[Anonymous No.26109135]

>>26108859
The religious term "immaculate conception" is a term used to describe Bitcoin, for good reason. The fact that Bitcoin even has value, that it went from zero to something, is amazing when you think about it, it's like the religious theme of God the original "thing" that emerged into existance from non existence

[Anonymous No.26109198]

>>26109135
Everything in the world existed from zero to something though. Literally that’s the definition. Bitcoin. You. A frog. A mattress. The weird stain on my toilet.

[Anonymous No.26109203]

>>26108733
>Fascinating!
>>26108859
>so uniquely... faith inducing
>>26108997
>Amazing!
I don't invest in cryptocurrency but I think some of your problem here is not realizing how annoying you're coming across. Have you ever been diagnosed with one of those autism spectrum disorders?

[Anonymous No.26109235]

>>26109135
also the fact that Satoshi was anonymous and disappeared, and his original coins never moved since... the founder is a legend, a myth

[Anonymous No.26109310]

>>26108772
$146,000 while amazing is only 4x from here. To be a multimillionaire you need to have put in $500,000 to $1,000,000 by now. To be able to do that means you are already comfortable enough anyway.

You can also 7x your money in GME just a few months ago, and probably 5x your money if you go all in SLB now. It’s hardly super life changing anon.

[Anonymous No.26109328]

>>26108736
>genuinely more moral and monetary system than government fiat

Only for the early adopters lmao.

Don’t like 5% of wallets own 90% of all Bitcoin or something like that?

[Anonymous No.26109349]

>>26108859
> what makes it so uniquely... faith inducing.
0.1$ to 10$ to 10000$ to 40000$

[Anonymous No.26109362]

Because those kinds of guys have a vision of the future, where as you and others are just thinking about returns in the next year. It's about freedom from the tyranny of banks, holding on to value, not being able to print infinitely, send accross the planet easier. BTC is much more than just an investment asset.

[Anonymous No.26109391]

>>26109349
I posit to you that the number of people who held their coins from $0.01 (or even sub $100) are very very very small, and likely did so only because they forgot about their coins. For quite some time, it truly was a currency used for buying and selling anonymously, and anyone could mine their own coins (which was the original intention before the rise of super ASICS)

[Anonymous No.26109424]

>>26109310
>$146,000 while amazing is only 4x from here.
Most of the people heavily invested in bitcoin didn't buy in at $35K or wherever it's at now. They bought in when it was $10K, or $3K, or even just $1 or less.

[Anonymous No.26109431]

>>26108733
Bitcoin isn't just an investment for some people, it's a beautiful technology and idea and some people are truly in it for the tech, especially the OGs that have been around since the beginning. BAck then there were no guarantees that Bitcoin will go up in price or that the project will even survive (some pretty dark days after Mt gox), yet they supported the technology anyway

[Anonymous No.26109438]

>old fags who had a lot since the beginning are emotionally invested
>newfag moon boys who want their 200 turn it I millions
That's why

[Anonymous No.26109465]

>>26109424
Regardless of their buyin price, the value of their holdings now when the price hits $150k is only 4x from here. If your buyin was $5k (which was a great entry point), you’re already up 7x.

[Anonymous No.26109484]

>>26108405
lol you just shown his actual statement, nice job man..

[Anonymous No.26109543]

>>26109465
Depends on hoe much they're taking profits (in USD).
A lot of them seem convinced USD is even riskier than BTC and might not have cashed out most of it or even any of it. And others are concerned about taxes if they cash out too soon.

[Anonymous No.26109564]

>>26109543
Ah thanks anon, that makes sense. I’m here to learn from smarter people

[Anonymous No.26109622]

>>26108556
Crashing insanely hard in the future once Tether collapses? You realize chinks are manipulating the shit out of bitcoin and this won't last, right? But let me guess, Tether fud isn't real because you really don't want it to be true.

[Anonymous No.26109630]

>>26108327
same people who think watching the office qualifies as a personality trait

[Anonymous No.26109687]

>>26109622
I don’t believe the Tether FUD is true. Grayscale has already amassed more backed reserves than all the usdt in circulation.

[Anonymous No.26110507]

>>26108480
fucking cringe

[Anonymous No.26110534]

>>26108327
They are pajeets hoping they get rich from their 0.5 BTC wallet.

[Anonymous No.26110545]

because they havent been proven wrong yet

[Anonymous No.26110581]

>>26108327
Bitcoiners have an inferiority complex. No matter what happens, they are always comparing themselves to gold.

[Anonymous No.26110603]

>>26109310
Altcoins end up crabbing to 0, and so will Bitcoin once investors realize key resistances where only held due Tetherfaggotry.

[Anonymous No.26110623]

>>26108327
>twitter is cancer
The thread

[Anonymous No.26110756]

>>26108587
Well it had first mover advantage. It was cyberpunks or whatever wanting a currency free of central banksters. It is digital money outside the fiat world.