Topic: Does this forum have bears? - page 2. (Read 5428 times)

Probably because you're good at rubbing people the wrong way and he decided to let you know that you can't run around being needlessly hostile without consequences.

He can't auth as you and he can only steal your name if you don't register it.

A poor workman blames his tools, but sometimes he just needs to learn how to use them properly.

Cool if you trade there maybe you can ask why rbecker gets to steal my name and leave neg feedback without trading with me?

That's not true. I'm an adult, and I'm there. I've also traded in person and sent money through traditional banking systems, without a hitch.

On IRC there's always a lot of idiots though. But if you check the otc pages, there are various ways of getting in touch with people, some you can send a memo to on irc, others you can e-mail and some again can be found on this forum. There's even a subforum here called currency exchange where you can find parties to trade with.


Yeah, and oh the bears..

I cant find any grown up on otc just a bunch of kids. That site is shit.  . I just dont like dicking around and there is a lot of that with BTC.

I'm aware of the potential risks, I've posted that I expect prices to retrace, possibly to a lower level than most expect. I'm on both sides of this trade - not "burying my head in the sand".

As for "sublime", he's a well known pot-stirrer in the OTC channels, so I'd trust his word about as much as I'd trust Bruce Wagner.

His juvenile language and attempts to insult other people are the icing on the cake. Hey sublime, why don't you go bang pots in the kitchen and let the grown ups worry about the future.

Burying your head in the sand and claiming there are no problems with bitcoin is idiotic. One of the major issues is whether it can possibly scale to a significant degree when one single site (satoshidice) is causing the block chain to bloat and no one wants to run a full node because of it.

I have owned my own business for 10 years or so my father has owned his business for 20 years or so, my uncle was a multi millionaire with his business before he died. I know a good amount about business, especially how to treat customers and clients. I am not form a upper middle class. I am from the lower middle class, but wtf does that matter. 

I had plenty of chances to stock up, but that is not my game. I am interested in providing bitcoin to the public. I had a really hard time finding btc when I was new (still do have lots of problems) so I started a store to sell btc on ebay and then off facebook. I sell to people who have never used bitcoin before for Paypal. I sign up lots of people for nzbsrus. These customers come to me crying about how the crooks on otc and here and the internet in general stole from them and tell me how happy they are to get the coins from someone fast and honest. I want to make money buy giving people what they want not buy hoarding it away like some troll. Bitcoin is completely worthless without people adopting it. So hold to your precious 1's and 0's all the way back down.

I wouldn't call it dissenting. disinformed, disingenuous, and distant-from-the-truth seem better fits.

I almost posted a day or so ago in an attempt to help sublime and figure out where his misunderstandings were. Then I kept reading his posts. He gives me the feeling he's from a middle/upper middle class family with as much business knowledge as he could gleen from the papers of students much more studious than he.

Anyone that tells me they're too lazy to explain their own logic isn't worth my time.

Oh no, Someone posted a dissenting opinion on bitcointalk!!! Quick, everyone jump on the dogpile!!!!

Sublime judging by your posts you sound like one of those people that are upset they didn't get to stock up back when the price was in the single digits. 

What a dick huh? I have a business with great returns thanks. I dont save money I save wealth.

Looks like you got some other point-by-point responses while I was typing this, but here're mine:


I'm long-term quite bullish on bitcoin, but I do think a 50% correction/crash is fully possible given the rapidity of the price rise. Might happen tomorrow. Might happen after a crazy run to $50. I don't know. So being bearish short-term is a valid position, in my opinion.

But you need to realize that the success-case for bitcoin isn't solely defined by the day-to-day consumer transaction market that it can develop. See my post here: https://bitcointalksearch.org/topic/m.1513666



Gets better long-term. Use BitPay now.



Agreed that this is a pain.



Sure, bitcoin has reputational issues, but it's false to say that "bitcoin" has trustworthiness issues. 3rd party services surrounding bitcoin have had such issues, though the situation is *much* improved from even a year ago, with stronger, more professional companies now dominating the economy.



What are you talking about here? Using an online wallet? Keeping lots of funds in Gox?



Not paying taxes has nothing to do with the particular currency or form of value received. 



Do you think gold should have any value above that driven by its industrial demand?

This is the exact response I'd expect from someone who is blindly stuffing money into a sub-1% savings/checking account.

Enjoy your trip down devaluation/debasement lane, won't you? That is, if you even understand what those words mean.

This is the kind of response i would expect. Bitcoin can do no wrong, you guys need to stop jeking off to bitcoin logos.

More are being mined? That's a rookie mistake to make. Only 3,600 are being mined per day, and this is independent of what technology is mining them. That number will go DOWN in four years, too.


You're describing the same dynamics that occur in global markets. If I make a product in the United States and sell it in Japan, I have to consider currency conversion risks. Major companies do this every day, and seems they're in the "place they want to be." Bitcoin is no different.


Wait, first you say "more are being mined every day" and now there aren't enough to go around? Make up your mind. And even if you do, you'd be wrong. I've never had a problem getting mine, but I guess I put more thought into my financial plans.


Wait a second, you mean people LIE to each other? What? They steal? OMG!? Society will grind to a halt! ... Or... mechanisms exist to trust other people conditionally. Bitcoin doesn't have any enforcement of contract, so you have to judge your risk accordingly, not leap in blindly thinking there's a safety net.


Ah, you've correctly discovered the present financial system is run by tyrants who can shut you down at will. That is why bitcoin will evolve beyond needing edge-exchanges. Bitcoin exists to route around these idiots. We really can't help you there, since the laws that have been made on the subject are paid for by rather large groups with piles of paper money in their vaults.


Yes, breaking the law means you're in trouble. What a prescient and insightful comment. As for your "i just dont understand" comments, bitcoin has proven a lot of people wrong in that area - people who thought it was over in 2011, those who couldn't get the fact it could go higher than 5, or 10, or 20.... You get the idea.

I think you need to do more research about the whole subject. That includes business planning.

HAHAHA I love it. I was quoted as being a bear that is great.(sublime5447) Yes I am very bearish on BTC it is clearly in a bubble IMO. There is no real market for BTC and lots of guys with huge stashes. More are being mined everyday so ya bitcoin is going to drop like a ton of bricks. These guys think they have the have a cash cow that cant be milked dry.
Major problems with BTC are--

Price stability---   Merchants have to constantly change their prices. Then you have the risk of down side loss. If you accept payment in BTC and the price drops rapidly you can lose a lot of money. That is not a place that merchants want to be.

Attainability---- There is none. I have been buying and selling BTC for 6 months and I still can't get them. I have dwolla, and mt gox and okay pay and learned more that i care to know about all that shit.

Trustworthiness---- I know lots of people will have shit to say about this, but the experience of me and my customers tells a much different story. This community is full of scammers and identity thieves

Account Risk---- If you deal in BTC you run the risk of frozen account and theft.

Legal Risk---- For tax evasion if you dont pay taxes on your BTC sales. And for useing a currency other than dollars. I know it is a grey area and not that big of a deal. You could also get in legal trouble for accepting money pak if it has been stolen.

There are others, but i just dont understand how people could think btc will go to 200 anytime soon or think that btc is a retirement fund. It all looks like a bunch of beanie baby owners to me, gold bugs,speculators, and Gordon Gekko wannabees.     

There used to be a lot of bears here. Since the rise in prices they seem to have gone extinct. 

And likely plunge the entire equity market into chaos. If it takes $84 Billion a month just to eke out a small percentage in the Dow/S&P500, what do you think will happen when that evaporates? And I won't even go into what rising interest rates will do to servicing the massive payments on the national debt.

It would be a messy implosion, that's what.

undercover SA posters
nagle
me (in the current market, anyways)