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Topic: Bitcoin is going to get crushed into nothing - page 2. (Read 4848 times)

legendary
Activity: 2212
Merit: 1008
sounds like you and proudhon need to go hug it out.
member
Activity: 70
Merit: 10
With Pyramid schemes, in the end, you end up holding something useless. Bitcoin has many many uses. Even if you were the last person to buy in, at the last all time high, you can still use it for something. You might get burned 5% because the price just dropped after your all time high purchase of the coins, but the things you buy with bitcoin are usually discounted or way easier to buy than with any other currency. So, pretty much, your statement is 100% fud bud!

pyramid you lose your money and you are holding and empty wallet. bitcoin has a handful of uses. The last person to buy in only loses 5%? oh ok. tell that to the poor saps who bought coins at $266. Bitcoin items are not discounted and they are not easier to buy. I can go on ebay and buy exactly what I want right now or go to the shopping mall and get what I want NOW. How is bitcoin easier? YOUR statement is fud bud(whatever the hell that is)
hero member
Activity: 898
Merit: 1000
Yeah price has been pretty boring lately, hasn't it?
hero member
Activity: 784
Merit: 1000
With Pyramid schemes, in the end, you end up holding something useless. Bitcoin has many many uses. Even if you were the last person to buy in, at the last all time high, you can still use it for something. You might get burned 5% because the price just dropped after your all time high purchase of the coins, but the things you buy with bitcoin are usually discounted or way easier to buy than with any other currency. So, pretty much, your statement is 100% fud bud!
member
Activity: 70
Merit: 10
oh c'mon why is everyone falling for this guy's bait?

is your quote from zork? good game all text i remember playing that on my commodore 64
full member
Activity: 198
Merit: 100
oh c'mon why is everyone falling for this guy's bait?
cuz they are
legendary
Activity: 2058
Merit: 1431
oh c'mon why is everyone falling for this guy's bait?
member
Activity: 70
Merit: 10
Mr. April 15, 2013, our new local expert, we should all abandon ship, the lord has spoken. Been here for years and watch enough people like you walk away during every crash or correction. I stayed despite frustration and endless hours staring at charts. I made money.

like I said in other posts. I have no position in bitcoins other than when I buy and use them right away. I am not saying they are going to zero. what I am saying is when enough people get in and get burned it will be all over. just like pyramid schemes, its great in the beginning then when people cant get more people in it collapses. It could take years or months but the powers that be won't let something happen which to some degree can be controlled. Paypal could come up with their own currency seeing they like a household name and people would trust it in a heartbeat.

Lastly nowadays, people want instantaneous gratification. unless you got in when the coins were super cheap and have been holding  and plan on holding forever, who is going to tie up all their capital now? thats like buying apple stock now at $400. can it go to $1000 yes but plan on holding for a long time, and people of this generation dont have the patience, hence when the buzz wears off or the price trades sideways forever while the big players bleed everything they can out of the new dollars coming in, its over.
member
Activity: 70
Merit: 10
Its one big time ponzi pyramid scheme and it is genius. once all the money is taken out of the market poof gone. Where are all the tens of thousands of accounts that mt gox have waiting in line, that have money burning a hole in their pocket? Yes The price will go up in the short term but there will be one big act of capitulation and that will be it. The big players are just going to keep selling into any type of rally. Why would a big trader let this this go to the moon, when he can just keep bleeding it out. Goes up 20 sells, comes back down over and over. If I had the time and money I would do the same thing. What do you think happened to Apple computer stock. Everyone sucked in thinking the stock was going to $1000 and now dead money. Good luck suckers. I will make my purchases for bitcoins for the silkroad thats it. OUT

Hey bro, if you don't like your Bitcoin "stocks", I'd be happy to take them off your hands!

how many do you want at mt gox ask?
sr. member
Activity: 260
Merit: 250
Maybe he is...............right??

just kidding Wink
member
Activity: 65
Merit: 10
Another useless grunt added to my ignore list  Roll Eyes
sr. member
Activity: 420
Merit: 250
HE'S RIGHT!
legendary
Activity: 840
Merit: 1000
Mr. April 15, 2013, our new local expert, we should all abandon ship, the lord has spoken. Been here for years and watch enough people like you walk away during every crash or correction. I stayed despite frustration and endless hours staring at charts. I made money.

*bows* Sensei!

*bows back*   Tongue Cheesy
member
Activity: 84
Merit: 10
Mmmm...

Bitcoin juice.
newbie
Activity: 56
Merit: 0
Mr. April 15, 2013, our new local expert, we should all abandon ship, the lord has spoken. Been here for years and watch enough people like you walk away during every crash or correction. I stayed despite frustration and endless hours staring at charts. I made money.

*bows* Sensei!
legendary
Activity: 840
Merit: 1000
Mr. April 15, 2013, our new local expert, we should all abandon ship, the lord has spoken. Been here for years and watch enough people like you walk away during every crash or correction. I stayed despite frustration and endless hours staring at charts. I made money.
newbie
Activity: 56
Merit: 0
I'm 67% certain meangreen is trolling.
full member
Activity: 182
Merit: 100
Finding Satoshi
Its one big time ponzi pyramid scheme and it is genius. once all the money is taken out of the market poof gone. Where are all the tens of thousands of accounts that mt gox have waiting in line, that have money burning a hole in their pocket? Yes The price will go up in the short term but there will be one big act of capitulation and that will be it. The big players are just going to keep selling into any type of rally. Why would a big trader let this this go to the moon, when he can just keep bleeding it out. Goes up 20 sells, comes back down over and over. If I had the time and money I would do the same thing. What do you think happened to Apple computer stock. Everyone sucked in thinking the stock was going to $1000 and now dead money. Good luck suckers. I will make my purchases for bitcoins for the silkroad thats it. OUT

Hey bro, if you don't like your Bitcoin "stocks", I'd be happy to take them off your hands!
legendary
Activity: 1552
Merit: 1047
Its one big time ponzi pyramid scheme and it is genius. once all the money is taken out of the market poof gone. Where are all the tens of thousands of accounts that mt gox have waiting in line, that have money burning a hole in their pocket? Yes The price will go up in the short term but there will be one big act of capitulation and that will be it. The big players are just going to keep selling into any type of rally. Why would a big trader let this this go to the moon, when he can just keep bleeding it out. Goes up 20 sells, comes back down over and over. If I had the time and money I would do the same thing. What do you think happened to Apple computer stock. Everyone sucked in thinking the stock was going to $1000 and now dead money. Good luck suckers. I will make my purchases for bitcoins for the silkroad thats it. OUT
hero member
Activity: 546
Merit: 500
oh no, he figured it out.   Do you think he knows we are all here just to trick him and take his money?

yeah there are sure alot of people buying coins. all the thousands of mt gox accounts that are lined up are pouring tons of money into bitcoin now. wow look at the price go up! Remember everything you read on the internet is true.

I buy and sell people like you. With my bitcoins.
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