Everyone Please Be Careful

I get that it's exciting that we are hitting all time highs. Just note that every time bitcoin has exploded like this in the past there has been a MAJOR correction. Obviously what happens in the past won't necessarily happen in the future, but don't sell your house and throw it all into bitcoin assuming that mania will never end. It absolutely can. Don't put any money into bitcoin that would ruin you if it disappeared tomorrow.

Bitcoin is fun, bitcoin is amazing, it's a cool technology, and its potential is unquantifiable but it makes no promises on future gains, especially in the short term.

submitted by /u/_risho_
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Bitcoin

New to Bitcoin sorry; I’ve always been really intrigued by it and finally went on here and seeing everyone talking about ‘Segwit’ and all this stuff. I’m assuming something really important is happening soon? (reddit.com)

Sorry for my lack of knowledge :/ I’ve been wanting to get into bitcoin forever (I hate myself for not sooner, I remember when it was around $ 200) but never knew how or where to start with it. It’s just fascinating.

Bitcoin

Everyone needs to calm the fuck down.

The level of vitriol in this subreddit has gotten as bad as r/btc. Almost the entire front page is now filled with fud, conspiracy theories, and ad-hominem attacks.

I get that people are not super thrilled about segwit2x. I am not a huge fan of it either, but I am also not interested in seeing a chain split. The level of recourse has devolved to the point it can't even be called a debate anymore, it is just children throwing shit at eachother; and I emphasise the word children.

It has gotten to the point where we are now doing more damage to the ecosystem than if we just let segwit2x go forward. The 2x proposal is probably not optimal but it is also not going to lead directly to $ 20,000 nodes run by 3 people, so stop pretending it does. That's the kind of bullshit reasoning that passes for discussion in r/btc. We are supposed to be better than that.

Stop it, just fucking stop.

submitted by /u/andrewbuck40
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