A lot of low post count users here today worried about the price

silverback

newbie

Activity: 32

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Quote from: Herodes on April 12, 2013, 01:40:49 AM

Quote from: Elwar on April 11, 2013, 07:54:08 PM

Welcome to Bitcoin. Now that MtGox is not trading for a while, maybe it is a good time to learn a little bit about what you invested in:

The White Paper
http://bitcoin.org/bitcoin.pdf

Hopefully after you are done investing you will consider trying out the Bitcoin currency.

Heh, heh! I read a shitty white paper, so I'm entitled to extract a million dollars of other people's money from bitcoin!

I guess I shouldn't trade in dollars if I didn't read the Federal Reserve Act?

Herodes

hero member

Activity: 868

Merit: 1000

Quote from: Elwar on April 11, 2013, 07:54:08 PM

Welcome to Bitcoin. Now that MtGox is not trading for a while, maybe it is a good time to learn a little bit about what you invested in:

The White Paper
http://bitcoin.org/bitcoin.pdf

Hopefully after you are done investing you will consider trying out the Bitcoin currency.

Whitepaper - you expect them to read that ? heheh

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: silverback on April 12, 2013, 01:15:49 AM

Let me ask you financial geniuses something. How much of your own money have you invested in the bitcoin project? None? That's what I thought. And that's how much of a crap you give about the bitcoin project. $0 worth. In fact you probably have taken out more than you put in, making you nothing more than a drain.

That is one of the best things about Bitcoin. The amount of investment that has gone into Bitcoin services built around the protocol. I have paid people to work on my project and put in many hours myself.

I am in this for the long haul. The price going up or down over the course of a week means nothing.

I convert most of my paycheck to bitcoins and when I can spend using bitcoins, I do. With more and more services being built up, there are starting to be more and more options of where I can spend my bitcoins.

Places like http://www.bitspend.net allow me to spend bitcoins anywhere on the Internet.

Once they come out with a bitcoin debit card (which is in the works) and a bitcoin bill pay (also in the works), I will be able to drop my bank account and move completely to bitcoins.

The only time I will need to use MtGox is every time my paycheck rolls in to convert into my preferred currency.

pheaonix

sr. member

Activity: 392

Merit: 250

http://casinobitco.in/ A+ customer support

hey, atleast there aren't going to be any more 30k avalons

yolo2222

full member

Activity: 168

Merit: 100

Quote from: silverback on April 12, 2013, 01:15:49 AM

Let me ask you financial geniuses something. How much of your own money have you invested in the bitcoin project? None? That's what I thought. And that's how much of a crap you give about the bitcoin project. $0 worth. In fact you probably have taken out more than you put in, making you nothing more than a drain.

Yeah, the second crash is as good a time as any to point out that the people who called bitcoin a pyramid scam were right. People who actually contributed something have been taken for a ride. To them bitcoin is a scam. They put real wealth in and were robbed by people who added nothing.

This is to some extend true. But this is normal, and cant be take bad upon the people who have very little money and were clever to start mining or so 2 years ago. The clever ones just sold a small amount of their stash and will be in this for the long run and the good of bitcoin.

I myself bought at 230 $ for a not so little amount...still I am not letting my emtions take over!

Like Klaus said in another thread before : " If you cant handle the heat, get out off the kitchen!"

Keep it up! dont loose faith, we are just at the beginning....

jubalix

legendary

Activity: 2632

Merit: 1023

Quote from: Elwar on April 11, 2013, 07:54:08 PM

Welcome to Bitcoin. Now that MtGox is not trading for a while, maybe it is a good time to learn a little bit about what you invested in:

The White Paper
http://bitcoin.org/bitcoin.pdf

Hopefully after you are done investing you will consider trying out the Bitcoin currency.

IIT OP cannot into the uptake bootstrap feature...the investment part of BitCoin....goto FreiCoin then

silverback

newbie

Activity: 32

Merit: 0

Let me ask you financial geniuses something. How much of your own money have you invested in the bitcoin project? None? That's what I thought. And that's how much of a crap you give about the bitcoin project. $0 worth. In fact you probably have taken out more than you put in, making you nothing more than a drain.

Yeah, the second crash is as good a time as any to point out that the people who called bitcoin a pyramid scam were right. People who actually contributed something have been taken for a ride. To them bitcoin is a scam. They put real wealth in and were robbed by people who added nothing.

pheaonix

sr. member

Activity: 392

Merit: 250

http://casinobitco.in/ A+ customer support

ask me a question and see how stupid i am

i have lurked moar silly namefag

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: superdork on April 12, 2013, 12:51:11 AM

Quote from: WackyWilly on April 12, 2013, 12:35:39 AM

Quote from: superdork on April 12, 2013, 12:27:01 AM

Quote from: repentance on April 11, 2013, 10:54:00 PM

Everyone should just calm down and listen to some relaxing music.

http://www.listentobitcoin.com/

That tells the story right there of a DDOS attack. Undecided

look at the prices, .06, <.01, .09 .... just jamming the system up with bullshit.

15 .01 bubbles on the screen at the same time.

You're misinterpreting the small bubbles you're seeing (and hearing) : ... they represent the actual transaction size in BTC, not the BTC/USD trade price.

I am doing nothing of the sort. . . BTC0.01 is about a dollar right now. That is an incredibly small increment for a time when most transactions are occurring on a trading exchange.

You do not send .01BTC increments to the exchange.

The bots send a bunch of small transactions within their account on the exchange. The only movement that occurs is within the MtGox database. It does nothing on the Bitcoin network.

Otherwise you would have to wait 10 minutes to an hour every time you make a trade (without the lag).

superdork

full member

Activity: 126

Merit: 100

Quote from: WackyWilly on April 12, 2013, 12:35:39 AM

Quote from: superdork on April 12, 2013, 12:27:01 AM

Quote from: repentance on April 11, 2013, 10:54:00 PM

Everyone should just calm down and listen to some relaxing music.

http://www.listentobitcoin.com/

That tells the story right there of a DDOS attack. Undecided

look at the prices, .06, <.01, .09 .... just jamming the system up with bullshit.

15 .01 bubbles on the screen at the same time.

You're misinterpreting the small bubbles you're seeing (and hearing) : ... they represent the actual transaction size in BTC, not the BTC/USD trade price.

I am doing nothing of the sort. . . BTC0.01 is about a dollar right now. That is an incredibly small increment for a time when most transactions are occurring on a trading exchange.

WackyWilly

newbie

Activity: 58

Merit: 0

Quote from: superdork on April 12, 2013, 12:27:01 AM

Quote from: repentance on April 11, 2013, 10:54:00 PM

Everyone should just calm down and listen to some relaxing music.

http://www.listentobitcoin.com/

That tells the story right there of a DDOS attack. Undecided

look at the prices, .06, <.01, .09 .... just jamming the system up with bullshit.

15 .01 bubbles on the screen at the same time.

You're misinterpreting the small bubbles you're seeing (and hearing) : ... they represent the actual transaction size in BTC, not the BTC/USD trade price.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: superdork on April 12, 2013, 12:27:01 AM

Quote from: repentance on April 11, 2013, 10:54:00 PM

Everyone should just calm down and listen to some relaxing music.

http://www.listentobitcoin.com/

That tells the story right there of a DDOS attack. Undecided

look at the prices, .06, <.01, .09 .... just jamming the system up with bullshit.

15 .01 bubbles on the screen at the same time.

You cannot DDOS the Bitcoin network.

The small transactions you see are probably SatoshiDICE.

superdork

full member

Activity: 126

Merit: 100

Quote from: repentance on April 11, 2013, 10:54:00 PM

Everyone should just calm down and listen to some relaxing music.

http://www.listentobitcoin.com/

That tells the story right there of a DDOS attack. Undecided

look at the prices, .06, <.01, .09 .... just jamming the system up with bullshit.

15 .01 bubbles on the screen at the same time.

saddambitcoin

legendary

Activity: 1610

Merit: 1004

Big bitcoin ballers never scared about the price...we use this currency 4 life. We have no bank accounts.

edit to add: if you buy it, spend it. use it on something, not just cashing out eventually.

yolo2222

full member

Activity: 168

Merit: 100

Quote from: repentance on April 11, 2013, 10:54:00 PM

Everyone should just calm down and listen to some relaxing music.

http://www.listentobitcoin.com/

wow!

nebulus

hero member

Activity: 490

Merit: 500

... it only gets better...

Lol

MashRinx

sr. member

Activity: 389

Merit: 250

Quote from: Bitmeat on April 11, 2013, 10:57:11 PM

A lot of high post count users seem bitter and angry today.

They are?

Bitmeat

newbie

Activity: 28

Merit: 0

A lot of high post count users seem bitter and angry today.

repentance

hero member

Activity: 868

Merit: 1000

Everyone should just calm down and listen to some relaxing music.

http://www.listentobitcoin.com/

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: ltc_foundry on April 11, 2013, 10:38:48 PM

Shocking! A massively deflationary commodity not being handled by markets as a liquid currency??? Who could have predicted??

I can move my bitcoins quite easily.

Topic: A lot of low post count users here today worried about the price (Read 2259 times)