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RE: Why I Think Bitcoin is Still Undervalued
I am invested in bitcoin because I think it will go up in value but in saying that, I cant agree with all your points
you would be hard pressed to find someone who is into cryptocurrencies who doesn't support it.
If this is your impression you may need to leave the echo chamber there are a lot of people and a lot of money invested in cryptocurrencies that are not 'believers' in bitcoin.
Also I would highly question the value of a poll of your twitter followers as they are likely invested in bitcoin and therefore want to believe it is worth a lot more as they want to make money.
Your other points are still valid though and I tend to agree with them
Based on what though - your own echo chamber? I never said it was a an unbiased sample.
They are all valid whether you agree or not.
My own echo chamber? Where some people believe in bitcoin and some don't?
You don't seem to understand the concept. We all tend to be surrounded by people who support our opinions to a greater or lesser degree. I find it strange that you would say that my twitter feed is an echo chamber but be shocked if I suggest the same to you.
You stated that it would be hard to find someone that was into cryptocurrencies that didn't support bitcoin. Only way I could see someone believing that is if they were in an echo camber.
The only view I have expressed is that, there are people of many views, but that seems to be enough info for you to conclude that i am in an echo chamber.
Which is based on what though? Your own experiences which may be skewed and biased in a similar way.
In the same way as you can only see someone believing it being in an echo chamber the opposite could also be true.
In fact I can't think of a single person I have encountered in the cryptocurrency world that is anti-bitcoin - the idea of it is somewhat hypocritical.
That suggests to me that it is a tiny niche - I can't prove it, but I doubt you can prove the opposite either.
It also did not escape my attention that you altered your original comment - I'm not sure why you would bother.
Anyway it seems trying to explain this idea to you (which you actually brought up) is a fruitless pursuit so this is my final attempt.
I would rather not spend time explaining the meaning of what you said back to you.
Life is too short for that.
I i edited 2 typos . Didn't change any meaning.
While proving your point would be difficult to prove mine you could just go on r/ethtrader r/ripple r/dash, here on steemit or a lot of other places that none bitcoin cryptos are discussed. You will find while a lot support bitcoin too a large number in each community do not. I am amazed you can't see that.
Your statement of 'it would be hard to find someone that doesn't support x' is especially strange as i think you could replace x with anything and it could be disproven in 5 mins with a few Google searches.
You're still doing this?
Lol Google searches disprove nothing.
You make a particular argument but can't take it when it is turned back around on you. Your assertions have no more validity than mine and the most hilarious thing is you can't even seem to understand that obvious logic.
What is even more sad is that you can't let it go and trying to argue a pointless argument.
Now I feel embarrassed for you.
Assertion, everyone believes in bitcoin.
Google search, find a post of someone who doesn't believe in bitcoin.
Google search has just been used to disprove the assertion.
I don't know why you are taking it this hard i generally agree with your post. Just that point seems obviously flawed.
Also I'm not helping by continually arguing! I tend to get stuck on little details too. Let's just agree that we have different points of view on this:)