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Topic: Be that guy (Read 4917 times)

full member
Activity: 154
Merit: 100
November 01, 2014, 10:21:45 AM
#64
I don't care about the price of btc in 25 years. Technological innovation happens fast, and it's only a matter of time before btc is dethroned by one or more superior cryptos.

Are you shorting Bitcoin right now?


https://www.bitfinex.com/
https://icbit.se/


If not , why not?

No I am not because I do not trust these centralized exchanges.
Use bitfinex. I've been quite satisfied with it.
legendary
Activity: 1639
Merit: 1006
October 30, 2014, 11:58:16 PM
#63
I don't care about the price of btc in 25 years. Technological innovation happens fast, and it's only a matter of time before btc is dethroned by one or more superior cryptos.

Are you shorting Bitcoin right now?


https://www.bitfinex.com/
https://icbit.se/


If not , why not?

Definitely not shorting Bitcoin, but I have no expectation that it is going up. My goal is to collect Bitcoin at prices I am comfortable with. I have done ok in the past year (growing my bitcoin stash), but not close to what i was hoping.

As for another crypto taking over this is right now a fantasy of the nerds. First, by saying something like an anonymous coin is going to create a winnning formula over bitcoin implies that Bitcoin is failing to gain adoption because of lack of anonymity, or speed, or whatever you techno blable brain can come up with. The masses of users don't care about any of the "missing" features of bitcoin.

Look at what has happened to every alt coin that has come along in the past year, they are all pathetic little nits hidden in the shadow of the mighty bitcoin. All follow the same pattern. Feathercoin, DarkCoin, Monero, DogeCoin, even litecoin, just dreaming they could sustain what bitcoin has. Bitcoin is currently down 70% from highs, all the rest have peaked and crashed long after Bitcoin did, and crashed 90% or more. There will be an endless number of magic coins, the more there are the better case Bitcoin will have.

Will an alt be around in 5 years that is anywhere close to bitcoin, maybe just one or two, what are the chances you pick the right one of those? pretty damn small.

I have no plans to be rich this year or next, only to collect as many coins as I can. If i get rich, great, if I don't oh well. i have lost more money in the stock market in the last ten years than i have invested in Bitcoin.

hero member
Activity: 658
Merit: 501
October 30, 2014, 11:56:50 PM
#62
No I am not because I do not trust these centralized exchanges.

Do you trust any existing exchange? Are you waiting for decentralized exchanges for providing this feature to short Bitcoin?
sr. member
Activity: 369
Merit: 250
October 30, 2014, 11:44:43 PM
#61
I don't care about the price of btc in 25 years. Technological innovation happens fast, and it's only a matter of time before btc is dethroned by one or more superior cryptos.

Are you shorting Bitcoin right now?


https://www.bitfinex.com/
https://icbit.se/


If not , why not?

No I am not because I do not trust these centralized exchanges.
hero member
Activity: 658
Merit: 501
October 30, 2014, 11:31:26 PM
#60
I don't care about the price of btc in 25 years. Technological innovation happens fast, and it's only a matter of time before btc is dethroned by one or more superior cryptos.

Are you shorting Bitcoin right now?


https://www.bitfinex.com/
https://icbit.se/


If not , why not?
sr. member
Activity: 369
Merit: 250
October 30, 2014, 11:25:20 PM
#59

I never said 10 years, but rather a matter of time. Also, I don't consider btc to be money.

 Huh

and you expect us to have a serious debate with you?

No, I expect you to continue believing that btc is going to turn you into a billionaire.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
October 30, 2014, 11:11:09 PM
#58

I never said 10 years, but rather a matter of time. Also, I don't consider btc to be money.

 Huh

and you expect us to have a serious debate with you?
sr. member
Activity: 369
Merit: 250
October 30, 2014, 11:04:09 PM
#57
I don't care about the price of btc in 25 years. Technological innovation happens fast, and it's only a matter of time before btc is dethroned by one or more superior cryptos.

Yeah, cause people like to change the forms of money they use every 10 year right, no big deal, right MrBig

I guess it's only a matter of time then for that new superior crypto to be dethroned, cause, you know, technological innovation happens fast.

Or maybe the next one is the ultimate form ?

 Roll Eyes

I never said 10 years, but rather a matter of time. Also, I don't consider btc to be money.

Anyhow, nice of you to try to change the subject from the btc billionaire fantasy.
hero member
Activity: 658
Merit: 501
October 30, 2014, 11:01:02 PM
#56
Governments in numerous countries have become involved and now require photo ID collection by major exchanges just to cash out bitcoins.  Ask the people who handed over their photo IDs to MtGox how well that went.

There will always be localbitcoins trading, giftcard buying and direct purchases with bitcoin. KYC offramps aren't needed now or in the future.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
October 30, 2014, 09:57:33 PM
#55
I don't care about the price of btc in 25 years. Technological innovation happens fast, and it's only a matter of time before btc is dethroned by one or more superior cryptos.

Yeah, cause people like to change the forms of money they use every 10 year right, no big deal, right MrBig

I guess it's only a matter of time then for that new superior crypto to be dethroned, cause, you know, technological innovation happens fast.

Or maybe the next one is the ultimate form ?

 Roll Eyes
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
October 30, 2014, 09:47:09 PM
#54
Stop measuring the value using USD and everything will be fine
legendary
Activity: 1680
Merit: 1205
October 30, 2014, 03:33:29 PM
#53
I could be delusional, but i'm not because of greed.
I was. When I buyed the little amount I could @ 1000 USD, greed was motivating me. I eard of btc before, but I thought they where only to buy drugs on internet.

Now i'm considerable more poor than before, but i've learned some lessons and a lot of things about btc. And I want more of them, because I HOPE they will success, and i'll do anything I can for it to be.
sr. member
Activity: 448
Merit: 250
October 30, 2014, 03:33:03 PM
#52
anyone who thinks bitcoin has already hit its full potential is delusional.
the market for bitcoin is the entire world, how many people have them? almost none.
anyone who is lucky enough to understand bitcoin today and be in a position to buy it is going to be extremely rich in 20 years.

the current paper money regime is not going to last for much longer, its been collapsing for the past 14 years and is now on life support in the form of permanent zero interest rates.
the only alternatives are precious metals and bitcoin.
i'd like to see you buy something on ebay with gold, bitcoin is the only option for honest money in the modern world.

Sure, paper money will crash, but it may take as long as 2075. Historically, systems as we know it, last for 200 years. The dollar and fiat money could go on for another 50-60 years easily as it crashes. We will not wake up tomorrow and say wow, worldwide money has replaced dollar. It will be extremely casual. Thats why Bitcoin as I see it is just a test for the true worldwide currency that will come in the future. Bitcoin as it is now is too monopolised, so its like 1% vs 99% again.

200 years? you have got to be kidding, the dollar in its current paper backed by nothing form doesn't have more than 20 years, and im pretty sure im giving it way more time than it'll have in reality.
all the central banks are at zero interest rate, they fired all their guns, that is it end of the road.
when another wave of market crashes occurs the only way out is by dropping money out of helicopters and completely destroying the dollar in the process.

before the Soviet Union collapsed no one could believe it will ever happen in their lifetime, and yet one day it practically happened overnight, you will not believe how fast the world transforms once the panic sets in.
sr. member
Activity: 369
Merit: 250
October 30, 2014, 03:13:46 PM
#51
Very well then. I'm sorry. Carry on with your billionaire fantasies.

There you go again. Don't let the door hit you on the way out.

So how long should I hodl my btc until I become a billionaire?

It's ironic how someone who brings logic to the debate is dismissed as a troll by your likes, yet the one who spouts delusion is defended and justified, all because of greed.

If by logic you mean accusing him of being a liar and talking nonsense then right you are, Spock.  

Someone with the username 'MrBig' accusing random people of having 'billionaire fantasies' on a forum chock full of millionaires probably shouldn't throw the word irony around too much.

Firstly I didn't call him a liar, but rather, asked him a question. Secondly, my username, which I happened to choose from a candybar wrapper that happened to be in front of me when I made this account, has no bearing whatsoever on this discussion. Thirdly, my irony statement was referring to the double standards of certain bitsheep and has nothing to do with millionaires on this forum.

Very well then. I'm sorry. Carry on with your billionaire fantasies.

There you go again. Don't let the door hit you on the way out.

So how long should I hodl my btc until I become a billionaire?

It's ironic how someone who brings logic to the debate is dismissed as a troll by your likes, yet the one who spouts delusion is defended and justified, all because of greed.

Depends on how many one has...

It could happen to people with 4 digits amount in maybe 20-25 years

Do you think it's impossible for someone to become a billionaire holding BTC?

Satoshi was a billionaire for a couple of days !

Satoshi is said to have over 1 million btc, he's not your average btc holder. Either way, most people buying a few btc and expecting to become billionaires are delusional. People buying 1000 btc and expecting to become billionaires are delusional too. People buying btc without expectations and considering it a risk that may or may not pay off are thinking rationally.

I don't care about the price of btc in 25 years. Technological innovation happens fast, and it's only a matter of time before btc is dethroned by one or more superior cryptos.
member
Activity: 75
Merit: 10
October 30, 2014, 03:11:09 PM
#50
I believe OP is referring to me. I will share my words of wisdom and help you all become rich by following my easy 3 step program.

1. It does not matter if you buy or sell, just as long as you do it in a panic.

2. Invest in lottery tickets.

3. Buy Coinye Coin, it is soon to replace all currency/fiat and has been estimated by professionals to be a 100+ trillion dollar market by 2015. Richness is *GUARANTEED.

*Warning, this is not a guarantee.
sr. member
Activity: 378
Merit: 254
October 30, 2014, 03:04:36 PM
#49
I'm the guy who buyed @ 1000 and then whatched his money slowly decreasing till now, and didn't sold.

I will not sell when it will reach 1000 again, and will not @ 10000. I will not sell when it will " crash"  back again to 3000.

When I will be billionaire, I will be more epic than " that guy"   Smiley

You're pretty broke now, huh bro?  Ask me how I guessed Smiley
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
October 30, 2014, 02:41:05 PM
#48
Very well then. I'm sorry. Carry on with your billionaire fantasies.

There you go again. Don't let the door hit you on the way out.

So how long should I hodl my btc until I become a billionaire?

It's ironic how someone who brings logic to the debate is dismissed as a troll by your likes, yet the one who spouts delusion is defended and justified, all because of greed.

Depends on how many one has...

It could happen to people with 4 digits amount in maybe 20-25 years

Do you think it's impossible for someone to become a billionaire holding BTC?

Satoshi was a billionaire for a couple of days !
legendary
Activity: 1176
Merit: 1000
October 30, 2014, 02:40:12 PM
#47
Very well then. I'm sorry. Carry on with your billionaire fantasies.

There you go again. Don't let the door hit you on the way out.

So how long should I hodl my btc until I become a billionaire?

It's ironic how someone who brings logic to the debate is dismissed as a troll by your likes, yet the one who spouts delusion is defended and justified, all because of greed.

If by logic you mean accusing him of being a liar and talking nonsense then right you are, Spock.  

Someone with the username 'MrBig' accusing random people of having 'billionaire fantasies' on a forum chock full of millionaires probably shouldn't throw the word irony around too much.
sr. member
Activity: 369
Merit: 250
October 30, 2014, 02:32:47 PM
#46
Very well then. I'm sorry. Carry on with your billionaire fantasies.

There you go again. Don't let the door hit you on the way out.

So how long should I hodl my btc until I become a billionaire?

It's ironic how someone who brings logic to the debate is dismissed as a troll by your likes, yet the one who spouts delusion is defended and justified, all because of greed.
legendary
Activity: 1176
Merit: 1000
October 30, 2014, 02:22:05 PM
#45
Very well then. I'm sorry. Carry on with your billionaire fantasies.

There you go again. Don't let the door hit you on the way out.
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