a bitcoin "enthusiast" that worships bitcoin and believes it is the only valid cryptocurrency (considers all other coins as "shitcoins"); their entire self-worth is defined entirely around bitcoin and its movement. Easily incensed at the mere existence of any other cryptocurrencies, and attacks anyone whom they perceive may have said anything even remotely negative about bitcoin.
Can be easily identified by the toxic nature they bring to any cryptocurrency discussion (especially when uninvited), and adherence to cult-like rituals, like having avatar and profile pictures with 'satanic eyes', and calling whom they consider 'bitcoin non-believers' as being "rekt". Bitcoin Cultists also live under the belief that soon the entire financial system will suddenly collapse all at once, and that they'll magically be the only ones left standing, without being able to actually articulate exactly how this will all happen.
Can be easily identified by the toxic nature they bring to any cryptocurrency discussion (especially when uninvited), and adherence to cult-like rituals, like having avatar and profile pictures with 'satanic eyes', and calling whom they consider 'bitcoin non-believers' as being "rekt". Bitcoin Cultists also live under the belief that soon the entire financial system will suddenly collapse all at once, and that they'll magically be the only ones left standing, without being able to actually articulate exactly how this will all happen.
by JuliusCesarus June 29, 2021
Illegitimate duplicate of the original Bitcoin. The equivalent scenario in the fiat world, would be a minority of people working inside the Federal Reserve suddenly defected and start printing USD on their own, albeit using A4 size papers for their fake money notes.
Blocksize increase alone will not be sufficient, larger block size also means more centralisation. The real upgrade is to move some of the load offchain called Segwit, which is also a prerequisite to lightning network.
Thirdly, if you compare their trends with hundreds of other altcoins, you would then realise the whole project is just another pump and dump scam.
Blocksize increase alone will not be sufficient, larger block size also means more centralisation. The real upgrade is to move some of the load offchain called Segwit, which is also a prerequisite to lightning network.
Thirdly, if you compare their trends with hundreds of other altcoins, you would then realise the whole project is just another pump and dump scam.
A: Should I buy Bitcoin or Bitcoin cash?
B: Even dogecoin is more legit than bcash. Just buy and hold Bitcoin proper dude.
B: Even dogecoin is more legit than bcash. Just buy and hold Bitcoin proper dude.
by Henry law August 21, 2017
the stance in which one pretends to be neutral about bitcoin vs. other currencies, while subtly promoting it and/or downplaying any negative news about it.
by AL Katraz July 31, 2021
A low IQ, low energy Bitcoin-loving bigot who thinks that any coin that has not been approved by the maxis ("shorthand for Bitcoin Maximalist"), should be thought of and labeled as a shit-coin. They are considered to be narcissistic, heavily opinionated and ill-mannered. A bitcoin maximalist will come in hot in almost any discussion but will not answer coherently, especially when their views are debunked.
Some refer to bitcoin maximalists as crypto-thought police, as they often dictate crypto narratives that end up shrouded in misinformation. They speak from an authoritative standpoint about Bitcoin and/or crypto, regardless if their positions and beliefs are based on complete B.S. Bitcoin Maximalists are notorious for using straw man arguments and will often block anyone that calls them out in any public forum.
Bitcoin maximalism ranges from Bitcoin obsession ("sees no other coin but Bitcoin") to Bitcoin conservatism ("believes that other coins can exist, but that Bitcoin is superior and should never change"). It is quite common to see newcomers, especially those coming from other overlapping industries (such as law or economics) taking the position of Bitcoin maximalist to be seen as knowledgable or to fit, despite getting into the space after a few months to a year and with no skin in the game.
Some refer to bitcoin maximalists as crypto-thought police, as they often dictate crypto narratives that end up shrouded in misinformation. They speak from an authoritative standpoint about Bitcoin and/or crypto, regardless if their positions and beliefs are based on complete B.S. Bitcoin Maximalists are notorious for using straw man arguments and will often block anyone that calls them out in any public forum.
Bitcoin maximalism ranges from Bitcoin obsession ("sees no other coin but Bitcoin") to Bitcoin conservatism ("believes that other coins can exist, but that Bitcoin is superior and should never change"). It is quite common to see newcomers, especially those coming from other overlapping industries (such as law or economics) taking the position of Bitcoin maximalist to be seen as knowledgable or to fit, despite getting into the space after a few months to a year and with no skin in the game.
Sarah: "It's great to see such a vibrant and open community developing Ethereum. I think I'd like to get involved."
Steve: "You do realize that Bitcoin has like 110% dominance. All other shit coins will go to zero, why bother with Ethereum?"
Sarah: "What evidence do you have that Ethereum will go to zero? Secondly, the DeFi applications are cool, not to mention there are countless applications being built on it, I feel Ethereum will continue to have a bright future."
Steve: "If it's not Bitcoin it's garbage and that's a FACT. Everybody on r/btc and r/bitcoin agrees with me so end of debate. Look, give lightening network like 20 years, and I promise you'll regret going to Ethereum."
Sarah: "You sound like a bitcoin maximalist Steve, having an open mind about crypto helps you know."
Steve: "You do realize that Bitcoin has like 110% dominance. All other shit coins will go to zero, why bother with Ethereum?"
Sarah: "What evidence do you have that Ethereum will go to zero? Secondly, the DeFi applications are cool, not to mention there are countless applications being built on it, I feel Ethereum will continue to have a bright future."
Steve: "If it's not Bitcoin it's garbage and that's a FACT. Everybody on r/btc and r/bitcoin agrees with me so end of debate. Look, give lightening network like 20 years, and I promise you'll regret going to Ethereum."
Sarah: "You sound like a bitcoin maximalist Steve, having an open mind about crypto helps you know."
by cryptoforlife July 16, 2019
A particular weird type of assert that obsesses people of a particular generation. Enthusiasts of this investment evangelically promote it to other people to pump up the value of their portfolio, but it is a risky game for newcomers. The total supply of the asset is fixed. There is no chance that newcomers can buy at the crazy cheap prices of the earlier generation. If you buy in now, you will need to concentrate your savings in highly leveraged and risky investment. But you mention this fact to the enthusiast and they simply continue to boomersplain it to you. Yes, we are talking about *real estate*.
You young people think the crypto crash is new and exciting. But we have been crashing the real estate market for decades. You could say that mortgages are boomer bitcoin.
— My uncle just bought a second holiday house in Thailand and his kids are paying him rent on the family home.
— I know right? He’s going to HODL that boomer bitcoin.
— Yeah bro! And he keeps on trying to get me to invest in these weird mortgages I haven’t even heard of and can’t afford.
— Don’t worry, we’ll get property one day I guess, if we can get to the moon
— Oh man aunt Joanne wants me to invest in a condominium with her.
— Bro! Steer clear of that boomer bitcoin.
— My uncle just bought a second holiday house in Thailand and his kids are paying him rent on the family home.
— I know right? He’s going to HODL that boomer bitcoin.
— Yeah bro! And he keeps on trying to get me to invest in these weird mortgages I haven’t even heard of and can’t afford.
— Don’t worry, we’ll get property one day I guess, if we can get to the moon
— Oh man aunt Joanne wants me to invest in a condominium with her.
— Bro! Steer clear of that boomer bitcoin.
by Autocatfishing April 13, 2023
A gold digger who focuses on attracting tech entrepreneurs. A bitcoin digger can't use the typical clues for wealth and status (rolexes, etc.), but looks for guys who wear the same hoodie and jeans every day, name-drop venture capital firms, and prominently list themselves as "founder" or "co-founder" on LinkedIn.
"Christie's new boyfriend is head over heals for her, but he seems a little socially awkward. Nice, but awkward."
"I know. The only reason she is dating him is because he has a tech job in Silicon Valley. She's a shameless bitcoin digger."
"I know. The only reason she is dating him is because he has a tech job in Silicon Valley. She's a shameless bitcoin digger."
by stomps July 8, 2018
Someone who tries to impress others by attempting to talk knowledgeably about cryptocurrency. The person will often try to give off the impression that they have-
1) Tech savvy
2) Significant amounts of money invested in cryptocurrency
1) Tech savvy
2) Significant amounts of money invested in cryptocurrency
Shane- "Patrick is such a bitcoin bore, he's just spent the past 20 minutes explaining that he was moving his Ethereum wallet over to EOS to take advantage of changes to Chinese regulations!!"
by VegasMalone January 3, 2021