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Topic: Gold collapsing. Bitcoin UP. - page 1222. (Read 2032266 times)

hero member
Activity: 784
Merit: 1000
November 21, 2013, 07:58:06 AM
https://www.kitcomm.com/showthread.php?t=127010

found this on a gold forum, its a thread about bitcoin, not read it all yet but some of it is pretty lulz.

If you're a PM-bug and you don't become highly enthusiastic when you find out about Bitcoin you must either:

1. Lack the (technical) know how to understand why Bitcoin can make the claims it makes (primarily regarding security, fungibility and security) and not believe these
2. Not really understand WHY you're a gold bug in the first place
3. Be so indoctrinated and entrenched in your believes it takes more than reason to escape them

I hope most are of the first category (because that is at east a valid reason) but am afraid 2 and 3 are much more common Sad

IMHO category 1 is the most common, most of those in category 2 and 3 end up also in 1.

Rpietilla is one of a few PM bugs I know to be fluent in math.
legendary
Activity: 2324
Merit: 1125
November 21, 2013, 05:34:03 AM
https://www.kitcomm.com/showthread.php?t=127010

found this on a gold forum, its a thread about bitcoin, not read it all yet but some of it is pretty lulz.

If you're a PM-bug and you don't become highly enthusiastic when you find out about Bitcoin you must either:

1. Lack the (technical) know how to understand why Bitcoin can make the claims it makes (primarily regarding security, fungibility and security) and not believe these
2. Not really understand WHY you're a gold bug in the first place
3. Be so indoctrinated and entrenched in your believes it takes more than reason to escape them

I hope most are of the first category (because that is at east a valid reason) but am afraid 2 and 3 are much more common Sad
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
November 21, 2013, 03:30:28 AM
What if we hit gold parity before we hit 1000$/BTC parity?  Shocked
hero member
Activity: 529
Merit: 527
November 21, 2013, 03:06:43 AM
https://www.kitcomm.com/showthread.php?t=127010

found this on a gold forum, its a thread about bitcoin, not read it all yet but some of it is pretty lulz.

Goldbugs are just angry that money is flowing out of gold and into digital currency.

I was a Goldbug (actually more of a Silverbug), but when I discovered the distributed nature of Bitcoin, I realized that I was now obsolete.

Reality hurts sometimes, but it is always best to face it. These people would rather deny it and then get angry at those who face it. It is a stupid way to live.
hero member
Activity: 924
Merit: 1000
November 21, 2013, 01:53:10 AM
https://www.kitcomm.com/showthread.php?t=127010

found this on a gold forum, its a thread about bitcoin, not read it all yet but some of it is pretty lulz.

Goldbugs are just angry that money is flowing out of gold and into digital currency.
legendary
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
November 20, 2013, 08:31:50 PM
It might be insightful to figure out a percentage of people who have had bitcoin scammed/stolen from them.  I imagine it is higher percentage than gold, even when you include people that have lost their wedding ring accidentally, but I don't know.  Just a guess.

We can do a straw poll here since it is a thread probably made of folks with an interest in both or owning both.
Then you might as well include all the scams and theft of US dollars and other currency.  Heck might as well include all credit card fraud.  That's still scammed/stolen isn't it?

That would be getting off the topic here of Gold and Bitcoin, yes?

I've lost BTC but not AU. (But I also do not wear a wedding band).
I suspect that a lot of folks have lost those, or earrings or watches or other gold jewelry.
I also suspect that about the same percentage of folks or more, that have both, have lost bitcoin.
Scams, accidents, theft, etc.
I'm guessing that there are probably more percentage of folks that have suffered bitcoin scams than gold scams though.  (The tungsten issue is what started this line of curiosity)
A scam is a scam.  The medium of value transfer is irrelevant.  If you are claiming gold is safer then bitcoins then bitcoins are safer then debit/credit cards since annual fraud levels are likely to be a few times higher then the total bitcoin valuation.
sr. member
Activity: 448
Merit: 250
November 20, 2013, 06:45:47 PM
What do the letters with slashes mean?
The letters with slashes refer to categories/sub-boards on chan-style image boards such as 4chan, 12chan, 420chan, et al.

In the same way that here we have "Speculation" and "Mining" etc.
legendary
Activity: 1025
Merit: 1000
November 20, 2013, 06:34:52 PM
goat is a /b/tard lol

makes sense

 Wink

lol, ive not been in /b/ for 6 or 7 years.

Oh, um, of course not, I mean, uh, me either...heh heh...uhh, hey, whats that over there?

What do the letters with slashes mean?

What is /B/?   
/B/ is "4chan's random image board"
legendary
Activity: 2324
Merit: 1125
November 20, 2013, 06:22:32 PM
goat is a /b/tard lol

makes sense

 Wink

lol, ive not been in /b/ for 6 or 7 years.

Oh, um, of course not, I mean, uh, me either...heh heh...uhh, hey, whats that over there?

What do the letters with slashes mean?
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
November 20, 2013, 06:21:09 PM
goat is a /b/tard lol

makes sense

 Wink

lol, ive not been in /b/ for 6 or 7 years.

Oh, um, of course not, I mean, uh, me either...heh heh...uhh, hey, whats that over there?
sr. member
Activity: 448
Merit: 250
November 20, 2013, 06:13:59 PM
Gold under $1250, /b/itcoin up?  Grin

Parity party in <1 mo. Cross at $1150. It hath been decreed!
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
November 20, 2013, 04:49:33 PM
goat is a /b/tard lol

makes sense

 Wink
legendary
Activity: 1834
Merit: 1019
November 20, 2013, 04:35:34 PM
Boating? WTF!


I have lost 10,000's of BTC  but never any gold/silver.

However I take responsibility for my actions and I'm not crying about it.

Chaang how'd you ever get into Bitcoins?

4chan/anon

back in the day there was some debate as to if this should be used and i saw it and was like !!!!!!!   the others more or less rejected it back then.

i kinda got sucked in right then and there leaving everything else behind. i helped get moot into btc (4chan has taken it for over a year). pretty sure im the first he ever sent btc too just testing it out.



Yes! because I remember you prominently on the Securities board in my Bitcoin youngin' days. Nearly everyone was a scammer back then, I thought you were one too Cheesy "Who the **** is this Goat guy!!" I always thought
legendary
Activity: 1764
Merit: 1002
November 20, 2013, 04:25:24 PM
i'd be willing to bet more ppl and more absolute USD value has been lost thru tungsten filled gold schemes.  just a guess though.
To be fair, that is an unfair comparison until Bitcoin gains the same market share as gold had.

To be even fairer, Bitcoin security measures are also immature and improving all the time. 
N12
donator
Activity: 1610
Merit: 1010
November 20, 2013, 04:22:25 PM
i'd be willing to bet more ppl and more absolute USD value has been lost thru tungsten filled gold schemes.  just a guess though.
To be fair, that is an unfair comparison until Bitcoin gains the same market share as gold had.
legendary
Activity: 1764
Merit: 1002
November 20, 2013, 04:21:11 PM
It might be insightful to figure out a percentage of people who have had bitcoin scammed/stolen from them.  I imagine it is higher percentage than gold, even when you include people that have lost their wedding ring accidentally, but I don't know.  Just a guess.

We can do a straw poll here since it is a thread probably made of folks with an interest in both or owning both.
Then you might as well include all the scams and theft of US dollars and other currency.  Heck might as well include all credit card fraud.  That's still scammed/stolen isn't it?

That would be getting off the topic here of Gold and Bitcoin, yes?

I've lost BTC but not AU. (But I also do not wear a wedding band).
I suspect that a lot of folks have lost those, or earrings or watches or other gold jewelry.
I also suspect that about the same percentage of folks or more, that have both, have lost bitcoin.
Scams, accidents, theft, etc.
I'm guessing that there are probably more percentage of folks that have suffered bitcoin scams than gold scams though.  (The tungsten issue is what started this line of curiosity)

i've lost 2 gold wedding rings.

the tungsten thing though is real.  i'd be willing to bet more ppl and more absolute USD value has been lost thru tungsten filled gold schemes.  just a guess though.
legendary
Activity: 1834
Merit: 1019
November 20, 2013, 04:17:53 PM
Boating? WTF!


I have lost 10,000's of BTC  but never any gold/silver.

However I take responsibility for my actions and I'm not crying about it.

Chaang how'd you ever get into Bitcoins?
legendary
Activity: 1246
Merit: 1010
November 20, 2013, 04:06:48 PM
New ad campaign:
Buy Gold and Silver -- because you can't Scrooge McDuck Bitcoin!!!   Grin



http://gizmodo.com/5904097/how-much-money-do-you-need-to-do-scrooge-mcducks-money-swim

RE: diamond are dangerous.  Its just carbon -- soon lab grown stones will be indistinguishable by carefully making them LESS perfect than is achievable.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
November 20, 2013, 04:05:55 PM
It might be insightful to figure out a percentage of people who have had bitcoin scammed/stolen from them.  I imagine it is higher percentage than gold, even when you include people that have lost their wedding ring accidentally, but I don't know.  Just a guess.

We can do a straw poll here since it is a thread probably made of folks with an interest in both or owning both.
Then you might as well include all the scams and theft of US dollars and other currency.  Heck might as well include all credit card fraud.  That's still scammed/stolen isn't it?

That would be getting off the topic here of Gold and Bitcoin, yes?

I've lost BTC but not AU. (But I also do not wear a wedding band).
I suspect that a lot of folks have lost those, or earrings or watches or other gold jewelry.
I also suspect that about the same percentage of folks or more, that have both, have lost bitcoin.
Scams, accidents, theft, etc.
I'm guessing that there are probably more percentage of folks that have suffered bitcoin scams than gold scams though.  (The tungsten issue is what started this line of curiosity)
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
November 20, 2013, 04:03:03 PM
they make awesome grinding media
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