Topic: Everyone failed. - page 2. (Read 4041 times)

Nobody lost money, unless they traded down.

They got BTC.

Are you kidding!?  This game has not yet begun.  We are still setting the pieces on the board.

Have you EVER told a lie?

It is insightful that you assumed that I would not be honest. 

Of course they wanted a quick buck and a fair few got burnt.  Any other trivial questions I can answer for you?

When the mass majority tried to jump on the BTC bandwagon, driving prices up to $266, do you think they invested so much money cause they wanted to build better services and infrastructure? Or cause they thought they could make some easy money? Be honest.

Unfortunately that isn't thinking at all. Nor would it be worthwhile after all the inanely stupid BTC "Stock Market brainwashed" common share usurer banksterers have bankrupted themselves and Bitcoin with them, because they refused to see the writing on the wall and even attempt to defend themselves and the bankrupted currency they pretended to be "supporting" by deliberately and cavalierly exposing it to catastrophic systemic risk for what they sadly misapprehended as their own myopically stupid short term benefit.

What goes up always comes down. If they are all foolishly bankster programmed like you Bitcoin is doomed.

The value of a Bitcoin must be reasonably stabilized and it's value deflations(increases) well regulated or it will never be marketable, saleable nor usable by anyone as a useful or practical new medium of labor-exchange currency, nor ever be seen as a trustworthy alternative to any other currency system.


After what people like you encouraged it to do the last few weeks no merchant will ever touch this stuff, as they now know it is.

Actually I believe today it's getting healthier.

I believe in Bitcoin.

Your idea of "investing" in bitcoin seems to be buying them in the hope of selling them to another sucker at a higher rate. aka. pyramid.  That's a fail and please leave ASAP.

Investing in bitcoin means building services and infrastructure around it.

Ahh moving on from we all failed, to why we failed.

And yes, the exchangers take majority of the responsibility while we all failed.

BitCoin and MtGox lost the initiative after website came down for whatever excuses, either success or DDoS attacks. They had their chance with mass media attention, mass influx of new money into this project, then they (MtGox) dropped the ball even influences prices of other smaller exchangers.

Will we get another chance like this again? A type of media attention that draws in thousands of new people to dump money into the market? Probably not.

Although this is not the first time BTC bubble popped, it is the first time how ever of mass media attention that encouraged a lot of people to invest into it.

Game Over.

Thanks for the kind advice I didn't mean to yell.

It would be more effective if you first build a reputation for yourself as a productive member of the community, then go about trying to convince people to change what they are doing. I sometimes make this mistake as well, although not here as far as I can remember.

Well look up a school that has a class called English.

Price fixing is when all competitors secretly conspire (a "Combine" monopoly) to constantly inflate prices and their earnngs. (Like The FED monopoly)

Price stabilization is when an "exchange" doesn't engage in reserve bankstering stealing all clients commingled funds to secretly risk/play themselves a wild-west market like drunken Pharaohs with them in the back room, and when you have counter-speculative trading rules that discourage speculation by limiting position-rungs above and below current value and assigning exponentially higher, punitive fees for dangerous and undesirable risky trading behaviors further out of price-bounds..

No, sorry to strongly, strongly disagree but it's you who have an awful lot of learning to do my friend! Our foolish moneychangers screwed Bitcoin, the failure is all their and people like you's fault. This project isn't a video game where you can betray-kill another team member and "score" their points. We have to defend ourselves against determined, capable and awesomely well armed mortal enemies who are determined to obliterate us and steal all of the fruits of our work for themselves.

We are using their precious "legal pyramid-derivatives loophole" to free ourselves and put them out of their business of enslaving us.

This BTC-securitized future-derivative-contract was intended as OUR new transnational MEDIUM OF LABOUR-EXCHANGE CURRENCY not as somebody else's silly common commodity-resource share! (or wasn't it?   )

Bitcoin has a SEVERELY SUICIDAL problem with "exchanges" that inanely want to try to behave as "stock markets" (gang-spikers with tire shops), who seem hell-bent on destroying all useful commercial purposes and marketability for it, in hopes of making it just another churned-derivative pump and dump Pyramid Scheme for themselves dooming it to implode and collapse.

You see a Bitcoin is simply a derivative that only represents the LOOT or SERVICES that the guy that you got it off, got out of you for it, and made off with. It is a fiat "futures derivative contract" that arguably has some but really has no certain inherent added-value. Like a "gold contract' or "mortgage backed security' (I love that last word) derivative it is a "BTC -securitized Future Derivative Contract" that merely allows you to keep, transfer it around or transfer it somewhere else to resell it there for whatever "buy" it may seem to be worth to the next guy, a minimum of an hour from now.

The problem with the fiat-value nature of "BTC-derivative trading"-induced fiat volatility, is that "democracy" (even so-called "free" market laissez-faire) is no way to valuate a well regulated Supra-National Global Labour Exchange Currency Token system! The hallmark of an Adam Smith sort of "Freed Market System" is that it is always well-regulated.

Price stability is the critical issue that will kill Bitcoin and make it totally useless for commerce if exchanges can't be properly disciplined into the well regulation of "fiat" BTC value. No merchant nor contractor could accept a piece of crud that dramatically changes value every month, week or day or two, let alone every few hours, nor could anyone save with it or even afford to risk the time it takes to spend or be paid in it.

Even the "exchanges" themselves can easily be wiped out like an MF Global when the pool of derivative that they must stock as a trading pool, crashes in value! And we don't even know if this has already happened yet.

Start Here:

The "Bubbles with Bitcoins" Nightmare
https://bitcointalksearch.org/topic/m.1832923

I disagree sir!

Bitcoin's will continue. Waheyyyyyy

Not only that, it makes it a fiat currency more untrustworthy, unreliable, unstable, undependable and useless than all the other ones.

It i impossible to use a potential new so-called Medium of Labour-Exchange currency if you can't even guarantee the value of it even as log as it takes to spend or be paid in it.

wow you realy do have no life. good luck with trolling. ignore button initiated. see ya in the negative universe

I loled

Although trolling is fun, and I probably fail at it many times, I still make some good points

LOL at people that lost money. People never learn, even if its black and white in history books. Bubble went pop, and some people lost entire life savings.

That $2k bid was a troll.

My user name is a troll.

My funny pics are all trolls.

You all got trolled.

Now on a half serious note, I didn't say BTC will die completely. I related it to a 20 year old video game, heck maybe even 30 year old video games. Like the 8-Bit Nintendo. I'm sure some people still play these games sometimes either by digging the console out of their basement, or using emulator/roms. Just like some day (soon) people will still have bitcoins, but will be only a few people saying look at my 1000's of BTC that are worth $0.01 each. It'll become obsolete just like an old video game, that very few people will touch for nogalistic purposes.

Speculation is antithetical to the purpose of bitcoin.

Ya'll should be ashamed. (:3)