Topic: Gartman: I'm avoiding Bitcoin like the plague. (Read 1885 times)
This is one thing I take away from Gartman's off the cuff statement. He, and others like him, are so involved in feeding off the current fiat system that they feel comfortable enough to consciously ignore innovative economic reforms such as Bitcoin. They are so entrenched in hyping their theories and predictions because someone, somewhere, will pay them for their analysis. With Bitcoin, they become irrelevant. So, naturally they will "diss" what they either don't know about or what threatens their established beliefs (and income). This is equivalent to trying to convert someone's religion when the reality is the community is merely trying to bring a religion to those who have none. (Yes, touchy subject, religion.)
Re: Gartman: I'm avoiding Bitcoin like the plague. - my answer:
Thank Goodness.
Now to roast Gartman:
What Gartman forgets to mention obviously is that banks today launder illegally 100's of billion's worth of dollars each year, and that drug smugglers and other criminals utilize all currencies.
It's quite obvious only a fool's fool such as Gathman could come up with such silly comment like his.
Surely Gartman didn't come up with this? He isn't that foolish is he?
This isn't about Bitcoin.
And Gartman cannot come up with one sound, logical, long term reason why Bitcoin isn't going to be a big part of The Future.
Your favorite search engine is your friend: search - END THE FED
I ask and request most respectfully that the USA Government END THE FED and forever outlaw debt-based currencies.
Do that, and The USA saves itself, and present and future generations too, and hands future generations into perpetuity a gift we never had before ourselves: Monetary Freedom. Real monetary freedom. What greater gift is there than to hand future and present generations that? I cannot think of any greater gift than real monetary freedom from debt-based currencies.
That will also save countless zillions of Trillions and Trillions of Dollars into perpetuity because we wont have to service even the interest on these debts.
Compound that into a thing called long term sustainability and prosperity for All.
That's reality. That's genius. Much like Bitcoin.
Gartman has the nerve to say what? And try to smear what? Are you kidding me? You must be joking!
But seriously. Gartman is just taking his marching orders. Or not thinking clearly. One or the other.
Don't blame Gartman. Bitcoin isn't the easiest thing to grasp. But once everyone does grasp Bitcoin well enough we all end up loving Bitcoin and it's genius.
Sooner or later everyone warms up to Bitcoin, and ends up loving Bitcoin, and all it's genius. Will it work in the longest terms? Yes. If it's well supported and maintained as well as secured it will work. And all those it most certainly will be. In fact those are already done and constantly monitored by the some of the very best and most well qualified scientists known. Same with any possible debt-free currencies in the future, their going to also most responsibly cared for. We're all grown up now, and responcible adults correct? As long as debt-free currencies are well supported and maintained, as well as secured they will work too. And all much better than any debt-based currencies loaned into their own mere existence, and forever costing societies extreme amounts of debt interest into perpetuity. It's a non-starter. This is all self evident for any informed and intelligent mind.
Already Bitcoin is vastly superior to any and all debt-based traditional fiat currency that ever existed. That much is obvious and self evident. Or didn't anything already explain that much Gartman?
Bitcoin is Genius.
The Bitcoin White Paper by Satoshi Nakamoto:
=============================
"Bitcoin: A Peer-to-Peer Electronic Cash System"
-------------------------------------------------------
The pdf version at https://bitcoin.org/bitcoin.pdf
The http version and much more at http://nakamotoinstitute.org/literature/
End your Debt-Based Currencies.
=====================
End those, and the rest will soon follow.
And begin with debt-free currencies if you must.
Bitcoin is leading us all into a brave future. It's now one of the new "Checks", in checks and balances that every government should insist on.
I will let the reader figure out why I state such a fact for themselves. That too helps the Bitcoin "light-bulb" go off in one's mind as they warm up to what Bitcoin and other types of Decentralization can offer mankind.
Certain Central Bankers may claim none of it will work. Yet none of these solutions can be any worse than Central Banks own job performance and past results have been up to the present time over the last 100 years. That much is self evident already.
Checkmate Central Bankers.
Bitcoin is Freedom.
Thank Goodness.
Now to roast Gartman:
What Gartman forgets to mention obviously is that banks today launder illegally 100's of billion's worth of dollars each year, and that drug smugglers and other criminals utilize all currencies.
It's quite obvious only a fool's fool such as Gathman could come up with such silly comment like his.
Surely Gartman didn't come up with this? He isn't that foolish is he?
This isn't about Bitcoin.
And Gartman cannot come up with one sound, logical, long term reason why Bitcoin isn't going to be a big part of The Future.
Your favorite search engine is your friend: search - END THE FED
I ask and request most respectfully that the USA Government END THE FED and forever outlaw debt-based currencies.
Do that, and The USA saves itself, and present and future generations too, and hands future generations into perpetuity a gift we never had before ourselves: Monetary Freedom. Real monetary freedom. What greater gift is there than to hand future and present generations that? I cannot think of any greater gift than real monetary freedom from debt-based currencies.
That will also save countless zillions of Trillions and Trillions of Dollars into perpetuity because we wont have to service even the interest on these debts.
Compound that into a thing called long term sustainability and prosperity for All.
That's reality. That's genius. Much like Bitcoin.
Gartman has the nerve to say what? And try to smear what? Are you kidding me? You must be joking!
But seriously. Gartman is just taking his marching orders. Or not thinking clearly. One or the other.
Don't blame Gartman. Bitcoin isn't the easiest thing to grasp. But once everyone does grasp Bitcoin well enough we all end up loving Bitcoin and it's genius.
Sooner or later everyone warms up to Bitcoin, and ends up loving Bitcoin, and all it's genius. Will it work in the longest terms? Yes. If it's well supported and maintained as well as secured it will work. And all those it most certainly will be. In fact those are already done and constantly monitored by the some of the very best and most well qualified scientists known. Same with any possible debt-free currencies in the future, their going to also most responsibly cared for. We're all grown up now, and responcible adults correct? As long as debt-free currencies are well supported and maintained, as well as secured they will work too. And all much better than any debt-based currencies loaned into their own mere existence, and forever costing societies extreme amounts of debt interest into perpetuity. It's a non-starter. This is all self evident for any informed and intelligent mind.
Already Bitcoin is vastly superior to any and all debt-based traditional fiat currency that ever existed. That much is obvious and self evident. Or didn't anything already explain that much Gartman?
Bitcoin is Genius.
The Bitcoin White Paper by Satoshi Nakamoto:
=============================
"Bitcoin: A Peer-to-Peer Electronic Cash System"
-------------------------------------------------------
The pdf version at https://bitcoin.org/bitcoin.pdf
The http version and much more at http://nakamotoinstitute.org/literature/
End your Debt-Based Currencies.
=====================
End those, and the rest will soon follow.
And begin with debt-free currencies if you must.
Bitcoin is leading us all into a brave future. It's now one of the new "Checks", in checks and balances that every government should insist on.
I will let the reader figure out why I state such a fact for themselves. That too helps the Bitcoin "light-bulb" go off in one's mind as they warm up to what Bitcoin and other types of Decentralization can offer mankind.
Certain Central Bankers may claim none of it will work. Yet none of these solutions can be any worse than Central Banks own job performance and past results have been up to the present time over the last 100 years. That much is self evident already.
Checkmate Central Bankers.
Bitcoin is Freedom.
Why even posting news about what some brainless idiot thinks?
who would take Cartman seriously?
Gartman, forever the Bear.
He states the only reason why he has any interest is because his friend Brad Rotter is interested, then trashes Bitcoin as "a harbor of thieves and drug dealers". Rotter is a hedge fund investor and very interested in the physical and tech security space. Why would people follow Gartman's lead when he turns a deaf ear to what his good friend, a security specialist, is recommending? I look askance at someone who lacks flexible thinking.
It does, however, point to a lingering perception in the public that Bitcoin is not legitimate. I think that will evaporate after the next up-cycle (I think we're getting close to a run, btw) but there needs to be a concerted PR and educational effort to clean up the reputation of Bitcoin. That can only help long term viability.
He states the only reason why he has any interest is because his friend Brad Rotter is interested, then trashes Bitcoin as "a harbor of thieves and drug dealers". Rotter is a hedge fund investor and very interested in the physical and tech security space. Why would people follow Gartman's lead when he turns a deaf ear to what his good friend, a security specialist, is recommending? I look askance at someone who lacks flexible thinking.
It does, however, point to a lingering perception in the public that Bitcoin is not legitimate. I think that will evaporate after the next up-cycle (I think we're getting close to a run, btw) but there needs to be a concerted PR and educational effort to clean up the reputation of Bitcoin. That can only help long term viability.
The average person who has not investigated Bitcoin will likely have the same conclusion as Gartman, because the mainstream press only talk about scams and failures when reporting all things BTC. As it becomes more mainstream that perception will naturally change.
Funny I avoid investment bankers like the plague. Their chosen currency is the favorite of criminals all over the world and has funded every major war of the last 100+ years.
Indeed. Every thief and drug dealer I've ever met was more honest than my local banker and cop.
http://themisescircle.org/blog/2014/02/25/bitcoin-has-no-image-problem/ It's the harbor of thieves and drug dealers
That's why it will succeed.Indeed. Every thief and drug dealer I've ever met was more honest than my local banker and cop.
It's the harbor of thieves and drug dealers
That's why it will succeed.
Wait... isn't he right?
The plague spread through Europe at a rapid rate... bitcoin will spread through the world at a super rapid rate... except instead of being a dangerous virus - it's something good for mankind.
The weirdest complement?
The plague spread through Europe at a rapid rate... bitcoin will spread through the world at a super rapid rate... except instead of being a dangerous virus - it's something good for mankind.
The weirdest complement?
Quote
"As for the Disbelievers, Whether thou warn them or thou warn them not it is all one for them; they believe not." Quran, Sura 2
You are muslem?
Its the convergence of Fiat n gold with digital tech its got nothing to do with anything he talks about, you could trade your Mega screen TV straight with a Drug dealer if you wan't and I highly doubt that the Head of the FDIC is going to come out and say that banks can no longer lend money to Walmart.
Bitcoin is not for everyone. He is a speculator, the bitcoin community is better without him. We need long term investors, not people for short term profits.
True...they say "anti government" like that's a bad thing.
You can't snort coke with a rolled up bitcoin.
Unless it was a paper wallet. Then you could.
Unless it was a paper wallet. Then you could.
LOL!!!!!
"As for the Disbelievers, Whether thou warn them or thou warn them not it is all one for them; they believe not." Quran, Sura 2:6
I know we're supposed to get insulted by these kind of labels but honestly, like being called a terrorist by these people, it really is becoming a badge of honour to have people like that view us with such disdain, Bitcoin is mathematics and you can't just simply dismiss it or ban it, lets enjoy the hate from bankers and American regulators
Yeah, you're absolutely right. Their attempts to discredit bitcoin are funny to watch, because they have no chance of succeeding.
Retards like Gartman will have to realize that their opinion will become worthless in future.
ya.ya.yo!
http://finance.yahoo.com/video/gartman-im-avoiding-bitcoin-plague-110800481.html
Gartman: I'm avoiding bitcoin like the plague
5 hours ago 1:07 CNBC Videos
It's the harbor of thieves and drug dealers and I will leave it to others, says Dennis Gartman, "The Gartman Letter," sharing his thoughts on the digital currencies and providing his play on coal and aluminum.
Who is this idiot?
Gartman: I'm avoiding bitcoin like the plague
5 hours ago 1:07 CNBC Videos
It's the harbor of thieves and drug dealers and I will leave it to others, says Dennis Gartman, "The Gartman Letter," sharing his thoughts on the digital currencies and providing his play on coal and aluminum.
Who is this idiot?
when the internet started it was mostly either the govy, schools, ...... or software pirates lol .
So he is denying Bitcoin purely on his assumed morality?
I suppose that he will be giving away all of his cash next due to its links to corrupt governments, drug dealers, greedy bankers etc.
I suppose that he will be giving away all of his cash next due to its links to corrupt governments, drug dealers, greedy bankers etc.
I know we're supposed to get insulted by these kind of labels but honestly, like being called a terrorist by these people, it really is becoming a badge of honour to have people like that view us with such disdain, Bitcoin is mathematics and you can't just simply dismiss it or ban it, lets enjoy the hate from bankers and American regulators
Everybody is probably a terrorist to someone, but I don't mind being called one. It's amusing.
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