Please start shrinking value of bitcoins, I'm ready to buy at $10 ea. Put your bitcoins where your mouth is.
Thanks for another meaningless post!
And boy do I have some news for you friend:
RALLY!
Yes that's right everyone! RALLY!
GO GO GO GO!
Topic: Bitcoin Shrinking - The Long View - page 16. (Read 19400 times)
Thanks for another meaningless post!
And boy do I have some news for you friend:
RALLY!
Yes that's right everyone! RALLY!
GO GO GO GO!
Synaptic: Sorry bro but you are simply outclassed. You are taking a few opinions, calling them facts, and getting in a pissing fight over others' opinions. Very few people need your "education".
The real question is: how much have you invested in Bitcoin that hasn't paid off that has made you so emotionally unstable? Are you just angry because you missed out on the bonanza of value created for early adopters in 2009 and 2010? Or did you buy a load of bitcoins at $30 a piece and are getting impatient?
Good luck my unfortunate OP.
The real question is: how much have you invested in Bitcoin that hasn't paid off that has made you so emotionally unstable? Are you just angry because you missed out on the bonanza of value created for early adopters in 2009 and 2010? Or did you buy a load of bitcoins at $30 a piece and are getting impatient?
Good luck my unfortunate OP.
Please start shrinking value of bitcoins, I'm ready to buy at $10 ea. Put your bitcoins where your mouth is.
And then, almost 3 pages in, not a single one of these antithetical "contributors" has posted anything thoughful or comprehensive in refutation of my post. Just hollow quips, ad hominem, and "nothing to here"s. Yes, truly all of the growth in this community is of intelligent, well reasoned individuals.
For the sake of anyone landing on the above post, it is just untrue. Please look through the thread and judge for yourselves.
I don't see anyone who's said anything to give any evidence at all that there's still newsworthiness in bitcoin. I even specifically ASKED for it. Do you have any input? Can you explain to all of us that are very eagerly awaiting, what is left for the corporate media to expound on?
Nor has there been any substantial refutation of ANY of my other points.
You'd think if my little arguments were so weak that someone would have posted contrary evidence, but they havent.
They just baselessly attack the value of my own expression without offering counter evidence.
Hey, Synaptic, there are ways and ways to go about this, but let's try this one: If you go on MtGox right now you will see that, at least by one measure, bitcoins HAVE a value (around 14 USD as I type this). Consequently, if you're going to posit they don't, the onus is on YOU, not us, to base that assertion. You haven't. But, you and others have kept me, and others, mildly entertained for a little while... for that I'm ever so grateful.
I didn't say they didn't have a present value. Read the fucking title of this thread maybe?
C'mon everyone, let's continue to dilute the argument with further meaningless posts.
And then, almost 3 pages in, not a single one of these antithetical "contributors" has posted anything thoughful or comprehensive in refutation of my post. Just hollow quips, ad hominem, and "nothing to here"s. Yes, truly all of the growth in this community is of intelligent, well reasoned individuals.
For the sake of anyone landing on the above post, it is just untrue. Please look through the thread and judge for yourselves.
I don't see anyone who's said anything to give any evidence at all that there's still newsworthiness in bitcoin. I even specifically ASKED for it. Do you have any input? Can you explain to all of us that are very eagerly awaiting, what is left for the corporate media to expound on?
Nor has there been any substantial refutation of ANY of my other points.
You'd think if my little arguments were so weak that someone would have posted contrary evidence, but they havent.
They just baselessly attack the value of my own expression without offering counter evidence.
Hey, Synaptic, there are ways and ways to go about this, but let's try this one: If you go on MtGox right now you will see that, at least by one measure, bitcoins HAVE a value (around 14 USD as I type this). Consequently, if you're going to posit they don't, the onus is on YOU, not us, to base that assertion. You haven't. But, you and others have kept me, and others, mildly entertained for a little while... for that I'm ever so grateful.
And then, almost 3 pages in, not a single one of these antithetical "contributors" has posted anything thoughful or comprehensive in refutation of my post. Just hollow quips, ad hominem, and "nothing to here"s. Yes, truly all of the growth in this community is of intelligent, well reasoned individuals.
Synaptic, I know you must be tired pounding out on the keyboard as you have in the last hour, but honestly - nothing could be farther from the truth. Here it is, just in case you forgot:
Quote
I'm glad you were inspired by my thread - right down to the topic phrasing. Lets see if we can look at this objectively.
So, you know the future then? That is what you're implying. I tend to disagree.
You may want to look at my other analysis, which specifically looked at other 'bubbles' in the past. Here's a little reminder:
http://forum.bitcoin.org/index.php?topic=26117.0 - "The Dichotomy of a Bubble - Why Bitcoin Will Endure"
For any 'bubble' comparison, we have until the end of August to be proven wrong or not. Again, you claim some kind of future knowledge, which I doubt you have.
Again, you claim to know future value. I find this interesting, as no-one has clear knowledge of the future. My post about future potential growth wasn't about dates and times, only a general guide as to how I think things will work out. I didn't claim to know for sure. Why are you so sure, then?
I find most facts have citations - all I can see in your post is some unconfirmed knowledge of future events. So which are you, an oracle, or someone talking out of their ass?
Quote
Bitcoin just enjoyed more media exposure over the past 3 months than can reasonably be expected to occur anywhere in the near future
So, you know the future then? That is what you're implying. I tend to disagree.
Quote
It was clearly a bubble that started with the Silk Road coverage, inflated with the mining craze, and ended with the Gox scandal.
You may want to look at my other analysis, which specifically looked at other 'bubbles' in the past. Here's a little reminder:
http://forum.bitcoin.org/index.php?topic=26117.0 - "The Dichotomy of a Bubble - Why Bitcoin Will Endure"
For any 'bubble' comparison, we have until the end of August to be proven wrong or not. Again, you claim some kind of future knowledge, which I doubt you have.
Quote
The current "stability" is no such thing. (snip) That's why were seeing a steady loss of a few cents of USD value everyday. And this will continue for the long haul.
Again, you claim to know future value. I find this interesting, as no-one has clear knowledge of the future. My post about future potential growth wasn't about dates and times, only a general guide as to how I think things will work out. I didn't claim to know for sure. Why are you so sure, then?
Quote
This is not a thread about the speculation of bitcoin's future, these are the facts.
I find most facts have citations - all I can see in your post is some unconfirmed knowledge of future events. So which are you, an oracle, or someone talking out of their ass?
I'll give you time, again - I realize raging and foaming at the mouth takes energy away from responding constructively...
Thank you for the further rhetorical ad hominem.
Here, please have this complimentary pillar of flesh to satiate your appetite.
And then, almost 3 pages in, not a single one of these antithetical "contributors" has posted anything thoughful or comprehensive in refutation of my post. Just hollow quips, ad hominem, and "nothing to here"s. Yes, truly all of the growth in this community is of intelligent, well reasoned individuals.
For the sake of anyone landing on the above post, it is just untrue. Please look through the thread and judge for yourselves.
I don't see anyone who's said anything to give any evidence at all that there's still newsworthiness in bitcoin. I even specifically ASKED for it. Do you have any input? Can you explain to all of us that are very eagerly awaiting, what is left for the corporate media to expound on?
Nor has there been any substantial refutation of ANY of my other points.
You'd think if my little arguments were so weak that someone would have posted contrary evidence, but they havent.
They just baselessly attack the value of my own expression without offering counter evidence.
And then, almost 3 pages in, not a single one of these antithetical "contributors" has posted anything thoughful or comprehensive in refutation of my post. Just hollow quips, ad hominem, and "nothing to here"s. Yes, truly all of the growth in this community is of intelligent, well reasoned individuals.
Synaptic, I know you must be tired pounding out on the keyboard as you have in the last hour, but honestly - nothing could be farther from the truth. Here it is, just in case you forgot:
Quote
I'm glad you were inspired by my thread - right down to the topic phrasing. Lets see if we can look at this objectively.
So, you know the future then? That is what you're implying. I tend to disagree.
You may want to look at my other analysis, which specifically looked at other 'bubbles' in the past. Here's a little reminder:
http://forum.bitcoin.org/index.php?topic=26117.0 - "The Dichotomy of a Bubble - Why Bitcoin Will Endure"
For any 'bubble' comparison, we have until the end of August to be proven wrong or not. Again, you claim some kind of future knowledge, which I doubt you have.
Again, you claim to know future value. I find this interesting, as no-one has clear knowledge of the future. My post about future potential growth wasn't about dates and times, only a general guide as to how I think things will work out. I didn't claim to know for sure. Why are you so sure, then?
I find most facts have citations - all I can see in your post is some unconfirmed knowledge of future events. So which are you, an oracle, or someone talking out of their ass?
Quote
Bitcoin just enjoyed more media exposure over the past 3 months than can reasonably be expected to occur anywhere in the near future
So, you know the future then? That is what you're implying. I tend to disagree.
Quote
It was clearly a bubble that started with the Silk Road coverage, inflated with the mining craze, and ended with the Gox scandal.
You may want to look at my other analysis, which specifically looked at other 'bubbles' in the past. Here's a little reminder:
http://forum.bitcoin.org/index.php?topic=26117.0 - "The Dichotomy of a Bubble - Why Bitcoin Will Endure"
For any 'bubble' comparison, we have until the end of August to be proven wrong or not. Again, you claim some kind of future knowledge, which I doubt you have.
Quote
The current "stability" is no such thing. (snip) That's why were seeing a steady loss of a few cents of USD value everyday. And this will continue for the long haul.
Again, you claim to know future value. I find this interesting, as no-one has clear knowledge of the future. My post about future potential growth wasn't about dates and times, only a general guide as to how I think things will work out. I didn't claim to know for sure. Why are you so sure, then?
Quote
This is not a thread about the speculation of bitcoin's future, these are the facts.
I find most facts have citations - all I can see in your post is some unconfirmed knowledge of future events. So which are you, an oracle, or someone talking out of their ass?
I'll give you time, again - I realize raging and foaming at the mouth takes energy away from responding constructively...
OP, you're confusing bitcoins market price with bitcoin itself. The two have about as much to do with each other as executive compensation and stock performance.
If bitcoin's price crashes through its "true value" then it's once again a golden opportunity for new investors. Sucks for those who bought in at $20-30, but such is the nature of investing in trends without proper technical and fundamental analysis. Riches to rags stories are just as sensational as rags to riches, as are "I told you so" analysis from the self-important. Media coverage will continue, attracting more and more attention.
You also underestimate the importance of grass roots word of mouth advertising. I'm here because of a posting in a GPU forum (anandtech, for the curious). Had I known earlier I'd have been involved earlier. Since I found out about bitcoin I've introduced 20 people to it, several of whom are now following the story as it develops.
TL;DR -- If you view this as a flash in the pan get rich scheme you're right, the easy money is gone. Long term is still a giant questionmark.
Oh, and by the way, how'd your return to Newegg go?
If bitcoin's price crashes through its "true value" then it's once again a golden opportunity for new investors. Sucks for those who bought in at $20-30, but such is the nature of investing in trends without proper technical and fundamental analysis. Riches to rags stories are just as sensational as rags to riches, as are "I told you so" analysis from the self-important. Media coverage will continue, attracting more and more attention.
You also underestimate the importance of grass roots word of mouth advertising. I'm here because of a posting in a GPU forum (anandtech, for the curious). Had I known earlier I'd have been involved earlier. Since I found out about bitcoin I've introduced 20 people to it, several of whom are now following the story as it develops.
TL;DR -- If you view this as a flash in the pan get rich scheme you're right, the easy money is gone. Long term is still a giant questionmark.
Oh, and by the way, how'd your return to Newegg go?
Good post. You're right, btcoin exists wholly apart from it's valuation in fiat, but that is that only measure that matters to the majority of bitcoiners anyway, which is actually quite ample evidence to the hollowness of bitcoin in general.
And, I assume that was the thread on anand tech about mining, which is why you're here - to get your small slice of the pie. Well, good luck. Just like all the other "grassroots" newcomers, you might eventually pay off a portion of your gaming rig. Kudos.
I paid off a nice chunk of mine, and despite what that moron said about contacting NewEgg and getting my refund canceled, everything went through just fine.
if Bitcoin won't reach -$10 value in the nearest future it has no long-term expanding growth potential.
And then, almost 3 pages in, not a single one of these antithetical "contributors" has posted anything thoughful or comprehensive in refutation of my post. Just hollow quips, ad hominem, and "nothing to here"s. Yes, truly all of the growth in this community is of intelligent, well reasoned individuals.
For the sake of anyone landing on the above post, it is just untrue. Please look through the thread and judge for yourselves.
And then, almost 3 pages in, not a single one of these antithetical "contributors" has posted anything thoughful or comprehensive in refutation of my post. Just hollow quips, ad hominem, and "nothing to here"s. Yes, truly all of the growth in this community is of intelligent, well reasoned individuals.
OP, you're confusing bitcoins market price with bitcoin itself. The two have about as much to do with each other as executive compensation and stock performance.
If bitcoin's price crashes through its "true value" then it's once again a golden opportunity for new investors. Sucks for those who bought in at $20-30, but such is the nature of investing in trends without proper technical and fundamental analysis. Riches to rags stories are just as sensational as rags to riches, as are "I told you so" analysis from the self-important. Media coverage will continue, attracting more and more attention.
You also underestimate the importance of grass roots word of mouth advertising. I'm here because of a posting in a GPU forum (anandtech, for the curious). Had I known earlier I'd have been involved earlier. Since I found out about bitcoin I've introduced 20 people to it, several of whom are now following the story as it develops.
TL;DR -- If you view this as a flash in the pan get rich scheme you're right, the easy money is gone. Long term is still a giant questionmark.
Oh, and by the way, how'd your return to Newegg go?
If bitcoin's price crashes through its "true value" then it's once again a golden opportunity for new investors. Sucks for those who bought in at $20-30, but such is the nature of investing in trends without proper technical and fundamental analysis. Riches to rags stories are just as sensational as rags to riches, as are "I told you so" analysis from the self-important. Media coverage will continue, attracting more and more attention.
You also underestimate the importance of grass roots word of mouth advertising. I'm here because of a posting in a GPU forum (anandtech, for the curious). Had I known earlier I'd have been involved earlier. Since I found out about bitcoin I've introduced 20 people to it, several of whom are now following the story as it develops.
TL;DR -- If you view this as a flash in the pan get rich scheme you're right, the easy money is gone. Long term is still a giant questionmark.
Oh, and by the way, how'd your return to Newegg go?
Look at the fucking charts, maybe? Idiot?
EDIT: and oh, btw, keep in mind that the value of the USD is falling., especially with the recent Bernanke news. Yeah, always remember that.
Oh I'm so sorry, struck a nerve, have I?
I know it is bothersome to include some charts or links to what you are talking about, but since most people seem able to embed images of all kinds in these forums, I'm sure you can roust yourself to do the same.
And I hate to point things out that turn your argument into so much mud scraped off a boot heel, but a declining dollar value would only change the USD/BTC valuation to the upside. You do know how that works, right?
I'll be here when you get it all together, I know you are too busy queuing up your latest swearwords to answer coherently.
Exactly dumbass, that's why the bitcoin valuation is even LOWER than perceived, because USD is taking another big hit to value, yet bitcoin's relative value still bleeds, and will continue to.
And fuck you, do your own research if you want to be a part of this conversation. The evidence is all around you, just open your eyes and shut your mouth. Or at least, do some research before you flap your trap.
Start here: bitcoincharts.com
Bitcoincharts.com shows that the value of Bitcoins have doubled almost every month, on average, since the beginning. I think you need better sources to support your flawed arguments.
HAHAHA, really?
Like...seriously?
The price of bitcoins doubled *almost* every month....ON AVERAGE...lol and here;s the best part, SINCE THE BEGINNING.
Oh man, what a wonderful glut of qualifiers you've got there imperi....
Nice refutation, just copying what I said. What are you, 6 years old?
Oh, I made sure to emphasize the most idiotic parts. It wasn't entirely just a childish parroting.
Exactly dumbass, that's why the bitcoin valuation is even LOWER than perceived, because USD is taking another big hit to value, yet bitcoin's relative value still bleeds, and will continue to.
And fuck you, do your own research if you want to be a part of this conversation. The evidence is all around you, just open your eyes and shut your mouth. Or at least, do some research before you flap your trap.
Start here: bitcoincharts.com
Well, I see I was right about the swear-queue. Lets see if there is anything worthwhile here...
Hmm, no references, except some obtuse comment about bitcoincharts...
I'll check back later to see if you have anything relevant. I still believe in your potential, maybe you're dizzy and feverish. Ate some bad food perhaps? Drank too much after breakfast? I can't say.
Perhaps you are just a chatbot gone awry, feeding upon a constant input of devolving markov-chain references.
This forum total members is still growing 18% monthly.
Which only proves, in light of a non-existent goods/services economy, that people are playing Bitcoin like a casino, nothing more.
And casinos really suck at making money, right Shinobi?
Multi-Level Marketers too.
How did this douche become a senior member?
By doing the same thing all the other Sr. Members did:
Express their inconsequential opinions about a inconsequential hobby on an inconsequential message board on the Internet.
Contrary to minority opinion this isn't some bastion of excellence, relevance, or substance...
And a rapidly growing community means exactly jack shit to such a supposedly AMAZING financial instrument where there NO ECONOMY backing it up.
The Silk Road has thousands of members. Welcome to reality.
This forum total members is still growing 18% monthly.
Which only proves, in light of a non-existent goods/services economy, that people are playing Bitcoin like a casino, nothing more.
And casinos really suck at making money, right Shinobi?
This forum total members is still growing 18% monthly.
Which only proves, in light of a non-existent goods/services economy, that people are playing Bitcoin like a casino, nothing more.
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