Topic: Chill guys! - page 5. (Read 18605 times)

Of course it's weighted. We also have plenty of positives on the other side as well. Regardless, though, if you pick ANY side and stick to it, you'll still have a 50% chance of being right, or a 50% chance of not returning to this post.

super simplistic dysfunctional market view.  seems youre leaving out about 500+ variables that play into market psychology and dynamics.
I think you will admit that thieves, hacks, incompetance has some bearing on this market, its not a two sided die, its weighted.

Considering there are only two options, up or down, you obviously always have a 50% chance of being right.

Hi

How many threads have you created saying the same thing?  A broken clock is right twice a day. 

Bitcoin is going nowhere and the value will rebound nicely.  Perhaps I will create ten threads advocating this idea like you have.

Hi

Lardy, Imagination helps see the future. Glad yours is intact.  There are two types of people, those that can see what doesnt exist,  then those that can only see what is, nothing outside of that.  90% are of the second type. Herein lies the failure of humanity, but also the benefit for the other 10%.  

I like this post better than most, because you've actually put something in writing that doesn't sneer at the forum in general.

Okay, I'll bite - I already posted my analysis. I say we have until August. If we're above 5 bucks, I think your analysis will be invalidated. Time will tell...

Sorry Jr. but you can't say you've been watching since it hit $30 and refer to that as "for sometime(sic)". That means roughly 3 weeks. Even in Internet Time that isn't long. You should probably sit back and just watch some more before you try to come out as knowledgeable with 3 weeks of "watching". And BitCoins are useless as a world currency until they are worth at least US$ 10 MM each.


And in 1995 what did the Internet offer other porn, sex chat with strangers, and stock quotes? Does your memory allow you to recall what people said about the WWW in it's first 2 years of broad publicity. An honest assessment sees the parallels as striking. And as far as usefulness, what is more useful than a medium of exchange?



Again, see the Internet in the early-to-mid-90's. Recall The Net or Hackers? The perception of the internet/www was far more that of a hacker haven.

These arguments keep coming up from people with no memory and no vision. History and the future are more than 3 weeks worth of watching will allow you to analyze. Consider that you are now a luddite when 10 years ago you were probably cutting edge. Your time has passed old man (mine too, I'm aware). BitCoin will be like TCP/IP to those graduating high school this year. They won't be consciously aware of it, but it will underpin what they do on a daily basis.

Its not just crazy people defending bitcoin or no real information in the posts.  Bitcoin has many advantages, not just special disadvantages.  Just look at one simple aspect of using bitcoin to purchase and sell items instead of using ebay and paypal.  I can make an additional 1000 bux a month if I sold all my items using bitcoin, and a couple 100 buying my items just by not having to pay the paypal fees, and the fees on my bank card.  That alone is a great way for small companies to save some money, interest new buyers, to accept bitcoins as payment, and the process to send and recieve bitcoins is very very fast, not a day later, not 4 days later like writing a check and then your account bounces because you forgot.  NO YOU HAVE 20 BITCOINS, YOU SEND 20 BITCOINS, for free, and you cant overdraft.  That is big PLUS I see for bitcoins.

IMHO someone saying you should not be (at the very least: not heavily) invested in BTC has more integrity than the "Blind following the blind" / "all fiat is ponzi and doomed zomg" people who keep showing just how much understanding of macro / economics they have in various threads of their own special kind of troll-dom.

Yeah! Now I'm waiting for 14th July when everybody starts paying you to give you their bitcoins



 

I love reading the thread and you see people defending  bitcoin with things like the Internet, and the WWW. These technological wonders offered something of actual  usefulness. Currently, and for a long time in the future, bitcoin will offer nothing useful other than a medium for speculators to gamble on.

Bitcoin is riddled with hackers, it is actually a hacker heaven, being that they can steal your bitcoins and there is nothing you could do. Could you imagine bitcoin in the mainstream household and having hackers around? Now instead of computer viruses stealing internet information, they will be wiping everybodies wallet blind. Nobody will use this currency in its current state. I also do not see them fixing these issues. You think the average person is going to encrypt their computers properly?

I have been watching bitcoin with interest since it hit the $30 dollar mark for sometime. What really keeps my interest in is the people who defend this currency like it is the next best thing since microsoft. Most of these people are completly blind to all the negatives about bitcoin, and at the rediculous price each bitcoin is set at. They try and defend it, they want to control it. I also love the people who try and say they see each bitcoin being worth a whopping 1million dollars each.

 

Bye bye Lardy

I'm with S3052, support at $10+ or free fall after that.  You'll get $8.25 either this month or next century.

I predict there's enough rational actors to support $10 (whose reason is based on mining difficulty).  I can only hope the rational actors have enough USD.  If so, today's prices will be a retrospective bargain (see charts in my sig).

If its an irrational or overwhelmingly spooked market, it will sink below $10.  In that case adios..  you can have mine for $8.25.

If it recovers by August, it'll be smooth sailing barring another black swan (e.g. a second "goxing").  

I think bitcoin is rational, and will be out of the woods soon.  Bears beware.

dont care about shortterm...im gonna hold..maybe pay my next tuition in a few months with bitcoins

Sorry jackwagon, I already have my strategy in place to deal with a potential speculative mania scenario.

http://forum.bitcoin.org/index.php?topic=26117.0

You might want to read that - it is quite informative. I'm prepared for both eventualities, massive gains or complete loss.

Are you?

lol

LOL2, the same could be said of you At least you are consistently bullish.

Honestly, BTC exchange rates are like sitting down to poker with a bunch of newbies, you simply can't know what's going to happen next. The comparison breaks down when you figure this out, since you can always beat newbies by simply playing tight. BTC exchange rates on the other hand are still way overvalued, and still it's anyone's guess where they'll go next until the market matures. If noone moves like now, then they should slowly decline as miners cash out. Remember it's 50% inflation this year, 33% next.

congrats for seeing past hopey fantasy lardy.
See you down around 8.25.....

- a fellow "troll" on the sidelines at 17 (own analysis)

Not only confident, also practical.
"carrying this" here and "exchanged" there for "goods" is the simplest thing ever.
You need a currency that beats that: "click here and good to go".

Right now, in its current form, it is way too complicated to be adopted outside of geekdom.

LOL Lardycake. Even a spinning pissing drunk will hit a urinal once in a while. Guess if you piss long enough... Or is it drink long enough. No matter, what comes out is the same as your posts anyway.