Just, not in 2000 but in 2010 
Topic: Bitcoin will make everyone super rich - Buy now,Buy Now! (repeat to fade!) - page 2. (Read 3227 times)
March 08, 2013, 03:13:03 PM
Technically the guys saying that about the internet in the mid 90s were right Just, not in 2000 but in 2010
Just, not in 2000 but in 2010 
March 08, 2013, 03:08:04 PM
Bitcoin to grow by 4000% in 14 minutes!
Cash to die out in 6 weeks!
If you don't have bitcoins, you will be poor forever!
Bitcoins will remove all evil in the future!
etc
etc!
Raising people's expectation to a level which is unreachable is a sure fire way of making everyone turn against you!!
I'm noticing the same types of extrapolation that were around in the mid 90s in relation to the internet. How it would take over the world, and the first people in would be the winners - and so started the stupid dot com boom (linked with that other stupid idea, the millennium bug!) that brought a whole industry to its knees in the start of the Century!
What do we have now? The internet has changed the world, but the world is still here. We buy more online, but we now spend more money in Coffee shops! We download our music, but spend far more time actually seeing the live music. But we still have to visit the corner shop to buy bread - just like my grandad did! Some companies have grown from nothing - others had died a death!
The reality is that bitcoin is still very, very unstable - compared to credit cards, and little bits of paper. There are currently as many bitcoin transactions in a day that the credit card companies deal with in a few seconds. Bitcoin is sometimes having problems dealing with its daily amount!
The reality is that if bitcoin survives this gold rush insanity, its going to have to find a niche that keeps everyone happy - or risk lots of government intervention. After it does that, then we will see some growth, maybe the sort we see in the picture. But its going to take a lot of time.
We are reaching a tipping point soon where bitcoin is either going to become respectable, or the currency of the tin foil brigade. If its the latter, the brand will die, regardless of how technically good it becomes.
What do others think?
Do you care?
Are you just in it for the big bucks - even if they just turn out to be a mirage?
Cash to die out in 6 weeks!
If you don't have bitcoins, you will be poor forever!
Bitcoins will remove all evil in the future!
etc
etc!
Raising people's expectation to a level which is unreachable is a sure fire way of making everyone turn against you!!
I'm noticing the same types of extrapolation that were around in the mid 90s in relation to the internet. How it would take over the world, and the first people in would be the winners - and so started the stupid dot com boom (linked with that other stupid idea, the millennium bug!) that brought a whole industry to its knees in the start of the Century!
What do we have now? The internet has changed the world, but the world is still here. We buy more online, but we now spend more money in Coffee shops! We download our music, but spend far more time actually seeing the live music. But we still have to visit the corner shop to buy bread - just like my grandad did! Some companies have grown from nothing - others had died a death!
The reality is that bitcoin is still very, very unstable - compared to credit cards, and little bits of paper. There are currently as many bitcoin transactions in a day that the credit card companies deal with in a few seconds. Bitcoin is sometimes having problems dealing with its daily amount!
The reality is that if bitcoin survives this gold rush insanity, its going to have to find a niche that keeps everyone happy - or risk lots of government intervention. After it does that, then we will see some growth, maybe the sort we see in the picture. But its going to take a lot of time.
We are reaching a tipping point soon where bitcoin is either going to become respectable, or the currency of the tin foil brigade. If its the latter, the brand will die, regardless of how technically good it becomes.
What do others think?
Do you care?
Are you just in it for the big bucks - even if they just turn out to be a mirage?
Your fate is drawn on your avatar
March 08, 2013, 03:04:19 PM
Bitcoin to grow by 4000% in 14 minutes!
Cash to die out in 6 weeks!
If you don't have bitcoins, you will be poor forever!
Bitcoins will remove all evil in the future!
etc
etc!
Raising people's expectation to a level which is unreachable is a sure fire way of making everyone turn against you!!
I'm noticing the same types of extrapolation that were around in the mid 90s in relation to the internet. How it would take over the world, and the first people in would be the winners - and so started the stupid dot com boom (linked with that other stupid idea, the millennium bug!) that brought a whole industry to its knees in the start of the Century!
What do we have now? The internet has changed the world, but the world is still here. We buy more online, but we now spend more money in Coffee shops! We download our music, but spend far more time actually seeing the live music. But we still have to visit the corner shop to buy bread - just like my grandad did! Some companies have grown from nothing - others had died a death!
The reality is that bitcoin is still very, very unstable - compared to credit cards, and little bits of paper. There are currently as many bitcoin transactions in a day that the credit card companies deal with in a few seconds. Bitcoin is sometimes having problems dealing with its daily amount!
The reality is that if bitcoin survives this gold rush insanity, its going to have to find a niche that keeps everyone happy - or risk lots of government intervention. After it does that, then we will see some growth, maybe the sort we see in the picture. But its going to take a lot of time.
We are reaching a tipping point soon where bitcoin is either going to become respectable, or the currency of the tin foil brigade. If its the latter, the brand will die, regardless of how technically good it becomes.
What do others think?
Do you care?
Are you just in it for the big bucks - even if they just turn out to be a mirage?
Cash to die out in 6 weeks!
If you don't have bitcoins, you will be poor forever!
Bitcoins will remove all evil in the future!
etc
etc!
Raising people's expectation to a level which is unreachable is a sure fire way of making everyone turn against you!!
I'm noticing the same types of extrapolation that were around in the mid 90s in relation to the internet. How it would take over the world, and the first people in would be the winners - and so started the stupid dot com boom (linked with that other stupid idea, the millennium bug!) that brought a whole industry to its knees in the start of the Century!
What do we have now? The internet has changed the world, but the world is still here. We buy more online, but we now spend more money in Coffee shops! We download our music, but spend far more time actually seeing the live music. But we still have to visit the corner shop to buy bread - just like my grandad did! Some companies have grown from nothing - others had died a death!
The reality is that bitcoin is still very, very unstable - compared to credit cards, and little bits of paper. There are currently as many bitcoin transactions in a day that the credit card companies deal with in a few seconds. Bitcoin is sometimes having problems dealing with its daily amount!
The reality is that if bitcoin survives this gold rush insanity, its going to have to find a niche that keeps everyone happy - or risk lots of government intervention. After it does that, then we will see some growth, maybe the sort we see in the picture. But its going to take a lot of time.
We are reaching a tipping point soon where bitcoin is either going to become respectable, or the currency of the tin foil brigade. If its the latter, the brand will die, regardless of how technically good it becomes.
What do others think?
Do you care?
Are you just in it for the big bucks - even if they just turn out to be a mirage?
Jump to: