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Topic: Chill guys! - page 6. (Read 18605 times)

jr. member
Activity: 56
Merit: 1
July 04, 2011, 08:34:02 PM
#47
My bad, I missed the date. My sincerest apologies. You did managed to call this decline.
jr. member
Activity: 56
Merit: 1
July 04, 2011, 08:24:45 PM
#46
Since I posted this the price has dropped from $17 to $13.


LOL, nice exaggeration. When you first posted it was bouncing around $14, not it is around $13.6. Way to turn $0.40 into $4.

In fact, when you first posted, it had already dipped to $13.2, so it is up a little.

You do know these posts are timestamped right?


EDIT

The above is me being a tool because I can't read dates. I'm sorry. My bad. I leave it only as a record of my stupidity.
hero member
Activity: 616
Merit: 500
July 04, 2011, 01:08:11 PM
#45
Where does the link in the OP take you? I don't want to click on it. Please summarize. THX
member
Activity: 64
Merit: 10
July 04, 2011, 12:53:33 PM
#44
Changing demographics is what will allow Bitcoin to "win the future". Look at the rise of Anonymous, LulzSec, and the Arab Spring. Internet activism has exploded in the past year. It isn't going away and Bitcoin is going to be a big part of it.
legendary
Activity: 2408
Merit: 1121
July 04, 2011, 12:16:28 PM
#43
You are incorrect. People heard about BTC and said, "much thanks!" Now, we are facing a market with money flowing in. As miners slowly realize this, they will continue mining and liquidate their FRNs. We are set to see a demand overrun and with demand >>> supply.....BOOM!
member
Activity: 112
Merit: 10
July 04, 2011, 12:13:29 PM
#42
You are correct.  People heard about BTC and said, "eh, no thanks."  Now, we are facing a market with no new money flowing in.  As miners slowly realize this, they will stop mining and liquidate their BTCs.  We are set to see a supply overrun and with supply >>> demand.....BOOM!
full member
Activity: 168
Merit: 100
July 04, 2011, 10:03:37 AM
#41
I am seeing the business side of bitcoin expand.  If this continues then bitcoins will become more valuable, the concept is solid, the design is solid, how we implement it is now up to us.  If we can get it to buy our food at mcdonalds were there.  You can get cash, some stores are accepting it, you can get a hotel with it, buy a gun with it, goods, services, bid on things, use like craigslist, sell it on ebay, these are all positive steps, if we keep progressing this way should be good to go.

Im glad it was more difficult then pushing a button or everyone would be mining bitcoins.  It is a little complex but nothing that is not teachable to the average joe that can keep a bank account straight.
hero member
Activity: 655
Merit: 500
July 04, 2011, 09:11:15 AM
#40
lardy, can we put a stamp on  you also have to come back if you are wrong?  How about 6 months to a year, if Bitcoin is booming, you come and apologize.
+1
in case he is right will you find him and apologise?
dont be too harsh with ppl's decisions.
he/she with whatever information has/had thought of being a wise move to do something like that. i(maybe we wish you the very best  Smiley
full member
Activity: 154
Merit: 100
July 04, 2011, 01:05:12 AM
#39
Actually, Linux was quite usable in 93.  By then you had Slackware, which was an easy enough "distribution" of a functional Linux OS, complete with network stack and X11.  You no longer had to roll your own /bin/login, you could actually use Linux for developing POSIX code, for the most part -- and I did.  Ditched Interactive Unix for it, even.

Very much like bitcoin.  Sure, you can't order a pizza from Dominos and pay in bitcoin today.  But you can use it to send money around the world, today.  You can use it to get some goods and services, today.  You can even exchange it for more established currencies.

Now Linux in 92 - that was probably like Namecoin today.  Grin
full member
Activity: 196
Merit: 101
July 03, 2011, 10:22:46 PM
#38
Quote
Surprise surprise, a two year old open source project is not ready for mainstream. News at 11. Where was Linux in 1993?

Except this isn't some project regarding a video player or mp3 encoder. This is a project surrounding software that people are investing lots of money into. You can't sell Bitcoins as the next best thing, and at the same time hide behind a this-is-open-source-it-what-do-you-expect when its convenient. Come on.


The key word is "next". Bitcoin isn't even version 1 yet, which is analogous to Linux in 1993.
member
Activity: 82
Merit: 10
full member
Activity: 196
Merit: 100
July 03, 2011, 08:40:29 PM
#36
Quote
Surprise surprise, a two year old open source project is not ready for mainstream. News at 11. Where was Linux in 1993?

Except this isn't some project regarding a video player or mp3 encoder. This is a project surrounding software that people are investing lots of money into. You can't sell Bitcoins as the next best thing, and at the same time hide behind a this-is-open-source-it-what-do-you-expect when its convenient. Come on.
hero member
Activity: 499
Merit: 500
July 03, 2011, 08:24:25 PM
#35
Do listen to trolls, leave, wait on sidelines.... please!

The critical mass is in anyway.... now what many of us need is some quiet time to mine some coins. A quiet year or two would be a godsend.


Your comment struck me as particularly astute.

The bitcoin community needs to mature.  The software needs to mature.  The tools need to mature.  The product needs to mature.  People need to start using coins, spreading them around the early adopters, working out the kinks in the system.

Right now we're at the bleeding edge.  It'll take some time to transition to merely being at the cutting edge.  And despite bitcoin moving in "internet time", this will take real-world time to happen.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
July 03, 2011, 07:12:43 PM
#34
I think your are totally underestimating the new generation.
When i was 14 i was on the top of the ladder on Diablo2 and i was selling my items on ebay.
my gril friend has 0 geek blood in her and she has a nice little farm on farmville
she can even log into her online bank.
she thinks bitcoin is stupid. but that's probably because iv been talking to her about bitcoin to much  Tongue

i'm from Canada and i don't know anyone that can't understand simply things like hitting a send button and pasting in an address
jr. member
Activity: 56
Merit: 1
July 03, 2011, 06:50:50 PM
#33
Most people type in all caps or no caps.  Very few people use mixed case unless writing something very important.

So all of your sentences are very important. And everyone else posting here. Everything we say is important. Cool.
hero member
Activity: 812
Merit: 1022
No Maps for These Territories
July 03, 2011, 01:41:26 AM
#32
We're sorry Bitcoin didn't make you a millionaire. Really, who wants to merely change the world anyway?
+1 signal/noise ratio

Surprise surprise, a two year old open source project is not ready for mainstream. News at 11. Where was Linux in 1993?

Hopefully all the clowns leave now so we can have a decent developer community again here and focus on serious stuff such as addressing its problems.
legendary
Activity: 1736
Merit: 1006
July 03, 2011, 12:55:04 AM
#31

To buy with bitcoins you have to use "addresses" that are really long and often changing.  That is pretty hard for a regular person to grasp.  Also they are case-sensitive.  Most people type in all caps or no caps.  Very few people use mixed case unless writing something very important.

COPY. PASTE.
hero member
Activity: 1008
Merit: 531
July 02, 2011, 10:18:41 PM
#30
I don't think it has to be dumbed down at all. The 'Average Joe' has no idea how the Dollar, Euro, Franc, or any other type of money works, yet he knows it does and accepts its use. All Bitcoin needs to do is inspire confidence to be successful. The only way to do that is to get it into more widespread use. Dumbing it down is not a prerequisite for its adoption.

Rage

Actually the average Joe does understand how dollars work: you keep them in a little thing in your pocket and then you had them to people to pay for stuff.

Bitcoins require a "wallet" that is really some sort of mysterious "file" that can't be found.  Normal people cannot find files unless they are on the desktop or, for more sophisticated users, in the "My Documents" folder.  Your bitcoin wallet is stored in a HIDDEN folder.  Normal people will never be able to find their wallet files, even if they were forced to use bitcoin.

To buy with bitcoins you have to use "addresses" that are really long and often changing.  That is pretty hard for a regular person to grasp.  Also they are case-sensitive.  Most people type in all caps or no caps.  Very few people use mixed case unless writing something very important.
legendary
Activity: 1764
Merit: 1015
July 02, 2011, 10:12:49 PM
#29
No body cares. GO AWAY .
full member
Activity: 185
Merit: 100
July 02, 2011, 09:49:33 PM
#28
We're sorry Bitcoin didn't make you a millionaire. Really, who wants to merely change the world anyway?
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