Topic: Calling On The Smartest Bitcoin Pros In The World (Read 3185 times)

Huh?   

I don't fully understand your driving point, so please elaborate.

And how in the world would you define "pro" in the context of cryptocurrency arbitrage?


 

Your sig is promoting an advanced strategy game.
Your thread is "Calling On The Smartest Bitcoin Pros In The World"

If you don't sense the need for a different strategy, then perhaps you should hire a pro. 

It is you who is seeking to reshape and reframe what is naturally good, and have it viewed as either unnatural and wrong or naturally wrong.   

The type of mentality your are expressing, is rooted in another natural behavior, a naturally bad behavior -- jealousy.

A child at birth REQUIRES by design to be held, and to be given copious amounts of attention to enable them to learn all that they will need to negotiate the world they are born into.  From toddlers to tween the NEED for "attention" turns to a WANT for acknowledgement, then from teen to death degrees of that want for acknowledgement, recognition, and appreciation remains.

If it is natural, if it has a naturally good purpose, that it right; if it is natural, but has no naturally good purpose then it is either bad, no good, or wrong.
Acknowledgement, recognition, and appreciation are all good things, if they are good to give, logically someone must be on the receiving end of that shared goodness.

Finance is a complex subject, arbitrage is a more complex subset of finance, but neither are as complex as cryptocurrency, for those of us who choose to want to do CC arbitrage it makes great sense to approach it in a group setting, a setting that recognizes, acknowledges, and appreciates the good things each member brings to the table.

FTFY. It doesn't matter how you try to justify or re-frame it. You're pandering to idiots. Bitcoin is not a tool with which to do this.

The implication of the statement is fundamentally flawed and misguided, 'vanity' is a matter of self-awareness it can manifest at any age or financial status.

Notwithstanding, I'm sure you are aware, that many of those with a net worth in excess of $10B are essentially giving it all away for whatever reason(s).

Humans are designed to want acknowledgement, recognition, and be appreciated, regardless of financial worth.

 

Those who are unable to shed their vanity will not hold on to their worth for long.

I agree that "movers and shakers do not need a "prestige and respect club" to get their work done" and I have emphasized "need" because I believe the driving force isn't a need, but is a want for the common things that come with societies, communities, and groups -- recognition, validation, and acceptance for their contribution, effort, energy and regard.

It doesn't matter what you are worth you will always want those things, not because you NEED them but simply because you want them.

I've seen far too many good people with good intentions and good advice needlessly get disrespected because they were: "newbies", "inarticulate", used improper grammar, or simply dared to see things in a different way.   To add insult to the injury, when it turns out that the person(s) was spot on, I see no apology, no retroactive acknowledgement, and credit for getting it right.   Sadly, I see those same people participate LESS, resulting in more potential harm coming to the community.  

I'm providing a space where those who want to do good for themselves and the community can do so, a place where their earnest efforts and energies WILL be respected, where their voice will be heard, and cogent recommendations voted on.  

From the looks of it, the club will be formed, if it is done right it will be duplicated many times over in many different ways.


 




See it as you wish, call it what you want but in the club it will be identified for what it is: 'wealth building with intelligence'.

If we know history repeats itself, and we know hindsight is 20/20, all we needed to do was look at the history right?   Well the simply fact is many people saw the history and waved the red flag, in fact so of those who knew entertaining Gox was academic nonsense still took the risk because they felt the rewards out weighed it.   But that was all individual think, not group think.    Peer pressure to act responsibly is stronger than many think.

Look harder at the facts of the matter, statistically group think IS necessarily more reliable than individual decision making; moreover larger more diverse groups tend to make better decision more reliably than smaller groups.

The data is conclusive across the board, group think works better than non-group think.

Think jury, panel, board, high courts, etc ... executives are there for day to day efficiency but if you want something thought out you seek the attention of reasonable prudent people.    

A smart system ALWAYS has a group to check the power of the individual.






That type of talk, in light of all that has occurred this year especially in light of the matters that are still unresolved, is simply irresponsible.   Anyone entering the cryptocurrency economy should know the history of btc and all of the risks, your best consumers will be those in the know, not in the dark.






you do realize that bitcointalk is essentially a very large group with a common interest that started from a very small group with a common interest.
you do realize that many outside of this forum are seeing this forum in the way you are viewing the club right?

  




hahahahaa, where did you read that?   Read it for what it says, not for what you want it to say.

This isn't wisdom, this is elitism and ego fapping.

+1
OP is a small fish trying to "manage" whales.. whales dont follow small fish like slaves, they eat the small fish

Actual movers and shakers do not need a "prestige and respect club" to get their work done.


This isn't circumvented by organizing your own little clique.

Well your right about that people don't need to hold bitcoin to shop online, because they have alternatives like Paypal, however since bitcoin cuts transaction fees by 90 % or so , because they cut out the middle man, online shops selling stuff in bitcoin can offer lower prices then shops that use paypal for example. so this could lead to the situation where you can get stuff online cheaper when you use bitcoin.

This would work if there are no other currency which can used for payments. So long you can use Fiat or Paypal or whatever, Bitcoin will not be a Payment currency, which got hold by millions of people worldwide for shopping somewhere quickly.

Another option, if you could buy things ONLY with Bitcoin exclusive, this could increase the worth too.

I do not agree with you view, I think just like in real life where you keep some cash money in your wallet at all time because you might wanna buy something in a shop you see, while you cross town, people are going to want to hold some bitcoin in their wallet just incase they see something they wanna buy when they surfing the web.

If one million poeple decide hey I should have a little bitcoin in my wallet just in case i see something on the net i wanna buy, that will have a huge impact on the price of bitcoin.

I thought that you would say that, and you just wrote it a bit wrong. But i still guess, this will not happen. If more People use Bitcoin as a currency, the price will not increase so much more.

Look, if you exchange for example 1 BTC to buy something, which is 1 BTC worth, you don't buy the bitcoin really, you just pay with. The Coin change only the hand, the price will not raise for that transaction.

Bitcoin has only 1 chance to raise, if people accept it as what it is: A speculative investment, like gold, silver, diamonds. If it will be used only for payments, the price will not move much up or down anymore.

so you want to use other people coins for you own gain without any kind of insurance your actions would create an kind of impact.

well I probably should have expressed myself more clearly, as bitcoin becomes more useful as a currency, more people are going to want to hold some bitcoin in order to spend it on some stuff in the near future,  They will want to hold a little cache of bitcoin, they have to get it first of course, which should increase demand thus drive the price up

I hope you understand, that just hold bitcoin don't affect the price, and will never increase the price?

So mini Illuminati group I guess that is still possible at this stage in bitcoin
Wonder if this is how these groups are created in traditional systems as well

Don't worry about tomorrows value of bitcoin, just concentrate your affords on promoting bitcoin as a currency, get more and more companies to accept bitcoin more and more people will see the usefulness of bitcoin so more and more people have a reason to hold bitcoin other then for speculative purposes and the price has to go up in the long term.