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Slark

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May 05, 2018, 10:14:15 PM

Bitcoin was never easy concept to grasp - if you wanted to learn a bit more than average Joe then it always required a certain amount of time and effort.
With Bitcoin cash and other forks of bitcoin we simply reached the next level of confusion - but do we really can do something about it?
The only way for people to grasp the situation is to read and learn, google for Bitcoin-related terms and concepts, visit forums, and build up their own opinion.

Chaki

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May 05, 2018, 10:14:45 PM

well team project or organizer have there own way of letting someone to learn more about them as they want to earn more investor inside their group and one is to create a sole site indicating everything they want to learn about BCH

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Tactical Genius

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May 05, 2018, 10:32:45 PM

As it stands now,the best for any newbie is appropriate due diligence.To jump into cryptos without appropriate research is something newbies should avoid.BCH has created a lot of confusion but some blame must be laid on the newbies too.

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wolfracer

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May 05, 2018, 10:33:09 PM

For that the newbies like me who are interested in this ecosystem are here, reading publications and comments that help us to avoid and learn from mistakes that at some time previous newbies committed and clear up doubts that arise every time we dive deeper and deeper into this world

davison2

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May 05, 2018, 10:45:12 PM

Quite frankly i'm really having a stress-time getting my head around those terms... thank God it came up now because it just propelled me to go dig more and get it right before i fall a victim.

justine11

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May 05, 2018, 10:57:52 PM

well the website is trying to lure newbies to invest in shitcoin bitcoin cash by not putting the original abbreviation of bitcoin the website put BCH instead of BTC (very cheap tactic) since the website owner is bitcoin cash supporter. i suggest that to all newbies research very carefully read the bitcoin wiki and visit the one and only bitcoin's website which is bitcoin.org

JollyGood (OP)

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Quote from: Slark on May 05, 2018, 10:14:15 PM

May 05, 2018, 10:59:10 PM

I agree, proper research will reduce the number of transactions leading to lost coins and wallet/chain confusions. Bitcoin cash on their website are hardly helping the situation by the confusion they are creating.

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ladydark

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May 05, 2018, 11:20:15 PM

Unfortunately since bitcoin is a decentralised currency,no action could be taken against bitcoin.com.Instead we should create awareness among the bitcoin community so that newbies would not get scammed.

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JollyGood (OP)

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Quote from: Tactical Genius on May 05, 2018, 10:32:45 PM

May 05, 2018, 11:35:55 PM

#10

What you say is true. As much as it hurts to say it but newbies are going to have these teething problems because of Bitcoin Cash confusion on the bitcoin.com website. Once upon a time many people ended up with "zombie" wallets because they mined bitcoins and well, lost the hard drives, reformatted them or lost their encryption passwords.

Learning process is one thing but navigating around the Bitcoin Cash farce claiming it is the real Bitcoin, well that is pathetic propoganda which does not help newbies.

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cryp24x

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May 06, 2018, 02:04:34 AM

#11

Being a newbie, you are responsible for yourself. No one should be blamed. If you want to learn thoroughly about Bitcoin, Do some research. Bitcoin info is almost everywhere. But what we should do as members are to help to spread awareness. For a simple and little way, we can help them understand the basics of Bitcoin.

zhopas

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May 06, 2018, 02:53:30 AM

#12

As a newbie you should know first the rules and regulations here in bitcoin world for you to be responsible on the things that you are going to do. Search for some informations that you're curious about then it makes you aware and understand the simple up to the hardest information about bitcoin. And aside from that you should be wise on the things that you are facing because in just one click everything might change and maybe ended up losing it.

pooya87

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May 06, 2018, 03:08:57 AM

#13

some people thought that the attack against bitcoin and all the attempts to take it over has ended when the "big blockers" forked off and went their own way. then all the mining attacks with their EDA started against bitcoin. we defeated that but the media attacks have never stopped. the attempts to take over is still strong and ongoing. what Roger Ver is doing on bitcoin.com is the clear example of it. they are still trying to take over and we need to fight back.

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CryptoBry

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May 06, 2018, 04:23:29 AM

#14

There is now a revival of the bad war between people in the Bitcoin side and those in the Bitcoin Cash corner. All of these things are not helping as we are promoting the adoption of cryptocurrency by as many people as possible. This is the problem when we let greed and selfishness dominate a young industry such as we are in...some people and players are so willing to destroy what they perceived to be hindrance to the many plans they have in mind. Hopefully, it will be the market that will decide which side should eventually win..though there will always be collateral in any kind of war.

JollyGood (OP)

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Quote from: davison2 on May 05, 2018, 10:45:12 PM

May 06, 2018, 11:43:37 AM

#15

Quite frankly i'm really having a stress-time getting my head around those terms... thank God it came up now because it just propelled me to go dig more and get it right before i fall a victim.

And that is the key now, because of the cloud of confusion created by Ver and other Bitcoin Cash whales the only way you and others new to Bitcoin can protect yourselves is to be super vigilant and always take note to avoid the bitcoin.com website when searching for information about Bitcoin. It is better stick with bitcoin.org and forums such as this instead.

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eaLiTy

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Quote from: pooya87 on May 06, 2018, 03:08:57 AM

May 06, 2018, 02:23:01 PM

#16

How do you propose to fight back, the only thing you can do is to create awareness about the entire market to new users and how to differentiate different coins, people will be confused looking into this market when they see thousand of coins in the first place, someone has to create a newbie guide so that everyone could follow and understand the market, until then these sort of confusion will exist and there is nothing you could do.

jseverson

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May 06, 2018, 02:28:40 PM

#17

Let's not forget that there's also r/btc which always has large doses of Bitcoin Cash is Bitcoin propaganda. It's very easy to stumble into it by mistake and it's going to be confusing for newbies why a supposed Bitcoin subreddit's top posts are tearing Bitcoin a new one. It also opens them up for anchoring bias.

Anyway, I thought they already corrected the BCH = Bitcoin instances in the site because of the lawsuit? If someone made a paper wallet here and sent BTC to it because it was claimed to be a Bitcoin wallet, they may get another problem in their hands.

JollyGood (OP)

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Quote from: justine11 on May 05, 2018, 10:57:52 PM

May 06, 2018, 03:21:35 PM

#18

I think your advice is good, thank you. The issue of cheap tactics you refer to will affect newbies far more than anyone else and I feel sorry for them.

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cocktail111

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May 08, 2018, 05:08:03 PM

#19

There are many paid promotions of icos going on. Without researching, it is not advised to invest anywhere. You should invest only the amount you would afford to lose. Just go through the project before having your investment in, buy the hype and sell the news. Crypto is a volatile market and you should assure yourself that you're investing in a good project. Have your own strategy. Looks good to invest in bitcoin too.

Suprex125

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