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RE: Bitcoin: The Bull Market of 2017

in #cryptocurrency7 years ago

I don't trust Trace Mayer at all. I've seen him spreading FUD and misinformation before and have written him off as a Bitcoin Core shill. The material here sounds like more of the same. High fees is NOT a good thing. Beware.

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"writing off" very intelligent people is not a wise thing to do. There are many passionate, intelligent people in the bitcoin space with very strong opinions. To ignore their opinions increases ignorance. You don't have to trust the source of information to evaluate the information. To discredit the information because of the source is a genetic fallacy. Also, by ignoring people you disagree with you, you lose out on opportunities to publicize your own opinions and have constructive dialogue for others to learn from.

It is not about disagreement, it is about integrity and trust. There is an abundance of quality crypto analysts and commentators around the place, why listen to someone who even confesses on his own steemit and twitter profiles that he is "The Babe Ruth of Bitcoin shills."

Have a look up the meaning of the word shill on dictionary.com to get :-

  1. a person who poses as a customer in order to decoy others into participating, as at a gambling house, auction, confidence game, etc.

  2. a person who publicizes or praises something or someone for reasons of self-interest, personal profit, or friendship or loyalty.

Does this sound like someone of integrity to you? I appreciate your open mind @lukestokes but I think you can do better than to listen to this guy.

I hear what you're saying, and you're certainly wise to be careful about the inputs you allow into your brain to form your opinions, but I've seen a number of interviews with Trace Mayer that I think they are very good and helpful for the entire cryptocurrency space. You could take his profile text as a tribalistic "bitcoin against altcoin" jab or you can look at it more like "bitcoin against the fiat financial system enslaving much of the world today." More likely, it's just a self-deprecating joke to wear the label goldbugs probably throw at him.

There are many analysts out there with all kinds of different backgrounds, trust levels, and integrity. To me, it's not a popularity contest. It's about data analysis. If the things they are saying are factually inaccurate, I'm not very interested in what else they have to say. If not, I'm interested. Even then, I do think we can learn from everyone, as long as we have a solid framework for knowing what is factual and what isn't.