Topic: How did we let this happen? - page 2. (Read 6735 times)

Lol, dude. How about putting the banking cartel behind bars who hurt pretty much everyone with their stupid inflation.

OP is clearly a troll. Although news on CNN with "experts" are making the same points. So are those knowitall news anchors with their experts trolls too? Or they are just ignorant?

Was going to post the same thing.

Wizard.

How much does one get PAID to write such stuff? Seriously.

Now on to the notion that anyone lost money. It is this kind of thinking that is seriously wrong with people in general these days and the OP is using this same mentality as propaganda. It's like when the housing bubble collapsed and people complained they "lost money". You only lose money when you sell. Otherwise, you need to think of it as, "I bought a house and I own 100% of that house. The value has dropped slightly but I still own 100% of that house." Housing prices are going back up and anyone who stayed in their home is now that much closer to paying off their original mortgage, which should have been the intent of every home buyer. Everyone else who bankrupted or walked away from their mortgages has to deal with the consequences now but they want to blame others for them buying something they could not afford in the first place.

Ahh, but that's it. They bought a home they could not afford but justified it by thinking the price was going to continue going up and they would be handsomely rewarded for their gamble. When it didn't work out that way, and they got to the point where they could no longer afford to make the payments, they blamed everyone else. They did the same thing with Bitcoin. These same types of people spent dollars they could not afford to lose then blamed everyone else when their gamble didn't pay off. If you bought at $1,200 and are still hodling then you likely bought them as an investment and I need to point out to you that at this point you have lost NOTHING. You still own the same number of bitcoins you had when you started. Now if everyone in the world stops using Bitcoin, then I'd say you lost money. Until then, keep calm and hodl on.

It is a bit harsh to talk about victimization. There are only victims of greed and irresponsibility.

You're asking how could somebody buy bitcoin for 1200$ ? Obviously the buyer was hoping the price will go up and he/she will  make profit at the expense of the seller.

So In a way if you sell your bitcoins for 1k and they would double in value you can make a same post about how you've been victimized ....

Where did this come from?     I have used Bitcoin plenty.  I started with Bitcoin.  That's how I know first hand, there are better, faster and more versatile options for my needs.

Everything in life starts out as a small bubble even myspace and facebook.  Its how the bubble forms it what affects if it pops or just goes down slowly only to blow up bigger and stronger.

Would you like to enter into a bet about whether bitcoin price will dip below $100 in April?

Given the coming financial crises involving both the euro and the dollar, that's a very smart call.

What you should know about the dollar and it's current exchange value (click me).

I think Bitcoin will not dip below $200 again in your lifetime, and you are panicking for no good reason.

Ah, when I see posts like these it makes me even more confident that it's very near time to be buying like crazy.

John Templeton - Principle of Maxim Pessimism

BTC will be banned in China as of April 15. We will then see BTC price go way below 100$.
So I am consedring getting into Ripple. They are have been opening a lot of gateways in china lately.
Also ripple is backed by google. What do you guys think???

first post is EXTREMELY stupid.

Just start using bitcoin instead of just investing in it on top of a bubble, and you will see how incredibly usefull it is.
And once the conversion between fiat <-> btc gets more easy and faster more and more people will start realizing this.

I for example have an account at the same bank as my exchange. Money transfers bank account <-> exchange take between 5 and 60 minutes for me. With this setup i can work inernationally and get payments in no time.
Before btc i was basically limited to work locally (and still had to worry and keep track if the invoices get paid in time). Who wants to work for someone on the other end of the world without knowing if you will receive your payment? With btc it is easy as pie.

- show some work samples
- get a little advance
- start working
- show sample of finished work
- get paid submit your work and have money in your bank account within 1-2 hours

Another example would be any non physical item you purchase on internet like music downloads or whatever:
- send bitcoins  (no need to submit personal information or cc details)
- start downloading
- done

And hell, you ever wanted to grab some food and realized you got no cash at home because you (again ) were to lazy or forgot to stop at the next atm today? With btc i can just top up my mobile wallet from home if it is empty and am ready to fill my stomach.

bitcoin can actually make your life a lot easier, you just have to START USING it 

sadly, you are only basing this on the fact that there is still 9 more months to go in a year, so there is a greater chance of something happening in longer period

OP is clearly conflicted:

"How did we let this happen?"

We? Don't you mean "How did you let this happen?".

So either:

• You don't know how to form sentences and you actually have some involvement with bitcoin, but fucked up something and lost a lot of money. Now you're bitter and looking for sympathy in the wrong places, or,
• You're here to troll and nothing else. and/or,
• Both.

 

Please do some research and scan the forums. You will come to see the number of times they have spread rumors and lies to drop the price down. I mean it does make sense, why pay $1400 per btc when you can pay $400. Well i would imagine their mentality to be inline with that thought.

If only we could check the BTC blockchain for the governments ey

So, actually you did just hit me with one-world currency nonsense.  "...there won't be anything else you can use..."  Come on man.  I don't see how anyone can look around the crypto-space and actually say that with a straight face.  

Bitcoin is not the internet and doesn't scale well enough to be on such a level of global penetration.  There is and will continue to be, many forms of cryptocurrency.  Not to mention, fiat and an infinite number of things people can deem as valuable.  This of course is why I love Ripple. Many currencies and many things of value, is the present and the future.  Not a one-world currency.  

I repeat, I will never put money back into Bitcoin, on pure principle and I won't miss it for a second.  However, if I break that commitment, I will find this thread and update it.  I'm a man of my word.  

That's how you troll the trolls.

A little harsh doncha think?

Sometimes they're just assholes with an internet connection and idle hands