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Topic: I hate Cryptocurrency (Read 3028 times)

member
Activity: 70
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woah that's a lot of money
April 20, 2017, 10:44:49 AM
#79
I'm locking this topic because the number of repetitive, thoughtless responses.

There were about 5 people who said something of worth in here and a bunch of broken English posts from people with ad-campaigns that failed to critically analyze cryptocurrency on any level.
hero member
Activity: 742
Merit: 500
April 20, 2017, 10:36:40 AM
#78
Well, I like the blockchain technology... but I have some major problems with it.

Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.


Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy.

Everyone is just trying to one-up the next person by manipulating numbers to their advantage. Sure, that's a lot like the stock market but at the end of the day cryptocurrencies never produce anything other than more coins. Companies produce products and services.

Most every coin uses underhanded trolling tactics like hype accounts, insider bribes, and worse. There's nothing redeemable about the vast majority of this space.

I know there will be mostly defenders of the stupidity but god-damn it is truly ridiculous.
I dont understand why you hate crypto this much.It seems that you would have suffered a huge loss by investing in altcoins.
I do accept that few points given by you about altcoins are true.But its an innovative technology and there lots to go in its progress.
sr. member
Activity: 476
Merit: 254
April 20, 2017, 08:05:26 AM
#77
I don't think that in this case the real hatered is involved but such reactions sometimes have people who has realy big expectations of cryptocurrencies, especialy Bitcoin, they have invested a lot but instead of profit they have loses and they end up disapointed. But anyway take the word hate with reserve.

I agree with you that its not real hatred but what I will call reservations in other to put in the right words. Afterall, we all have one thing or the other that we hate about bitcoin or would like to change about it. For me, I would rather say the way scammers exploit it without any way to actually tag the account or even recovered the amount sent. Once its confirmed, its gone.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
April 20, 2017, 07:37:53 AM
#76
I don't think that in this case the real hatered is involved but such reactions sometimes have people who has realy big expectations of cryptocurrencies, especialy Bitcoin, they have invested a lot but instead of profit they have loses and they end up disapointed. But anyway take the word hate with reserve.
hero member
Activity: 994
Merit: 544
April 20, 2017, 07:34:48 AM
#75
I think simply placing a BTC address is a lot better than signing up on an ad campaign to fill the site with trash.

I will just leave this quote of yours here

When you later enroll in a signature campaign yourself (which I'm sure you will do after you gain enough activity over time). Nevertheless, you still didn't explain why you added a Bitcoin address in your sig space if you hate crypto so much. As to me, this is illogical or even hypocritical in some sense. Do you want to get tipped or what? I still think that you lost some coins in trading or your investment got busted, and you feel frustrated now

Haha that is funny since he hates cryptocurrency but he is doing signature campaigns and was asking for bitcoin. Possibly the author was confused possibly what he meant by cryptocurrency were the altcoins and not bitcoins. But in my opinion he has a wrong understanding of what cryptocurrency is and he had made this topic without further research.
hero member
Activity: 882
Merit: 500
April 20, 2017, 06:27:45 AM
#74
A lot of people who hate with cryptocurrency because they feared his business would drop, for example is a bank, the existence of a serious threat of making course bitcoin as it will make people leave bank.
How can you say that the people feared that they will loss Thier buisness due to  cryptocurrency , here cryptocurrency are playing a big role in the internet Market , without bitcoin we can't  make trading in altcoin ( cryptocurrency) , so here it is more and more better that we should have multiple.bers of the cryptocurrency to make big earnings .
In the history when bitcoin was in early of 2008 then the earnings with the bitcoin was really tough work because no more cryptocurrency/altcoin were in existence  .
Here in the current time trading with bitcoin and altcoin is simple way to make earning but earlier it was really tough work .
So you should love cryptocurrency instead to hate .
hero member
Activity: 1134
Merit: 517
April 20, 2017, 06:04:03 AM
#73
A guy who hates crypto has a Btc address as a signature:)))
The hipocracy is real
I don't think this guy really thinks so. But this opinion many. There are people who are big opponents of technological innovations. For them, the crypto is only one of the manifestations of the hated progress.
Life is full of choices and one doesn't have to like everything, however one cant stop others from whatever they chose to like and if they be many in that category, then forget it, the battle is lost. Everything works as game of numbers, be sure to align with the waves or life leaves you behind.
sr. member
Activity: 507
Merit: 250
Adoption Blockchain e-Commerce to World
April 19, 2017, 10:31:14 PM
#72
A lot of people who hate with cryptocurrency because they feared his business would drop, for example is a bank, the existence of a serious threat of making course bitcoin as it will make people leave bank.
hero member
Activity: 770
Merit: 500
April 19, 2017, 02:36:16 PM
#71
No doubt the technology as a whole of Blockchain itself is nothing less than a miracle for the world beacuse of its unanimous advances of features it has. Now cyprocutrency as a currency it's being ruled out be few government by raising a question like if its currency then why it's not being governed by any body or institution ? How can any currency be evolved without government permission ?
yes people still need to understand and learn about it. i think most of the people of the world still do no know anything about this new technology, i think in future we are mostly going to depend on it, as the online job, online business and online shopping is the new trend of the modern people, therefore i think it is too much important to know about this new technology, the use of which is now increasing from time to time.
member
Activity: 70
Merit: 10
woah that's a lot of money
April 19, 2017, 11:47:14 AM
#70
Its hard to quit something that is making you money. I'm here even though I hate cryptocurrency (more like am disappointed in the lost potential) because it's profitable.


I do emphatically hate many things about crypto but I think it's asinine to think that anybody who see faults wouldn't still like to have something which is redeemable for USD.


Across my accounts I have never joined a signature campaign and I never will.
newbie
Activity: 46
Merit: 0
April 19, 2017, 11:12:30 AM
#69
I think simply placing a BTC address is a lot better than signing up on an ad campaign to fill the site with trash.

I will just leave this quote of yours here

When you later enroll in a signature campaign yourself (which I'm sure you will do after you gain enough activity over time). Nevertheless, you still didn't explain why you added a Bitcoin address in your sig space if you hate crypto so much. As to me, this is illogical or even hypocritical in some sense. Do you want to get tipped or what? I still think that you lost some coins in trading or your investment got busted, and you feel frustrated now

I agree with you. It seems to me that the author just wants to draw attention to himself. And so I wrote the name of the topic, which is interesting to many.
Those who really hate cryptocurrency, just stopped using it and left the forum.
legendary
Activity: 3514
Merit: 1280
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April 19, 2017, 11:06:18 AM
#68
I think simply placing a BTC address is a lot better than signing up on an ad campaign to fill the site with trash.

I will just leave this quote of yours here

When you later enroll in a signature campaign yourself (which I'm sure you will do after you gain enough activity over time). Nevertheless, you still didn't explain why you added a Bitcoin address in your sig space if you hate crypto so much. As to me, this is illogical or even hypocritical in some sense. Do you want to get tipped or what? I still think that you lost some coins in trading or your investment got busted, and you feel frustrated now
sr. member
Activity: 714
Merit: 261
April 19, 2017, 11:06:04 AM
#67
What's wrong in manipulating numbners for our own advantage? There is no problem at, after all everybody wants to do a business for their own kindness and good. Everyone here is to earn the bucks. This is not a monopoly and Blockchain technology has gone far beyond the imagination of banks and regulatory authority which is making it popular and lively.  I love it and it should be that way only. No offence.
member
Activity: 70
Merit: 10
woah that's a lot of money
April 19, 2017, 10:54:58 AM
#66

You shouldn't really expect people to read all the thread

Especially as crappy as this one. If you don't want to constantly repeat your arguments which you moved forward within the body of the thread, you'd better include them in the opening post itself. By the way, I didn't see you explain why you hate cryptocurrencies so much but still included a Bitcoin address in your signature. Do you want to get tipped for playing a drama queen (or attention whore, as another option)
It's true, and I don't really expect people to read the whole thread. That guys argument was that I made no arguments. Pretty dense.

I'm bored of it too, I got a few decent replies from people but mostly just broken English replies from people with ad campaigns.  


I think simply placing a BTC address is a lot better than signing up on an ad campaign to fill the site with trash.
legendary
Activity: 3514
Merit: 1280
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April 19, 2017, 10:43:40 AM
#65
I think you just want some attention. You haven’t listed anything that amounts to an argument at all. You don’t like bitcoin because there are other coins that use bitcoin to help themselves? Why does that even matter. And you don’t even mention why your absent of arguments outweighs the benefits of crypto-currencies. I don’t think you know what your talking about.

The level of wrong in your post is astounding. I presented arguments, that is a statement of fact.

Looks to me like you just read the first 3 or 4 posts and posted without adding any substantive content. I don't think you know what you're talking about

You shouldn't really expect people to read all the thread

Especially as crappy as this one. If you don't want to constantly repeat your arguments which you moved forward within the body of the thread, you'd better include them in the opening post itself. By the way, I didn't see you explain why you hate cryptocurrencies so much but still included a Bitcoin address in your signature. Do you want to get tipped for playing a drama queen (or attention whore, as another option)
member
Activity: 70
Merit: 10
woah that's a lot of money
April 19, 2017, 09:16:22 AM
#64
I think you just want some attention. You haven’t listed anything that amounts to an argument at all. You don’t like bitcoin because there are other coins that use bitcoin to help themselves? Why does that even matter. And you don’t even mention why your absent of arguments outweighs the benefits of crypto-currencies. I don’t think you know what your talking about.

The level of wrong in your post is astounding. I presented arguments, that is a statement of fact.

Looks to me like you just read the first 3 or 4 posts and posted without adding any substantive content. I don't think you know what you're talking about.

legendary
Activity: 938
Merit: 1002
April 19, 2017, 06:49:28 AM
#63
Well, I like the blockchain technology... but I have some major problems with it.

Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.


Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy.

Everyone is just trying to one-up the next person by manipulating numbers to their advantage. Sure, that's a lot like the stock market but at the end of the day cryptocurrencies never produce anything other than more coins. Companies produce products and services.

Most every coin uses underhanded trolling tactics like hype accounts, insider bribes, and worse. There's nothing redeemable about the vast majority of this space.

I know there will be mostly defenders of the stupidity but god-damn it is truly ridiculous.
I think you just want some attention. You haven’t listed anything that amounts to an argument at all. You don’t like bitcoin because there are other coins that use bitcoin to help themselves? Why does that even matter. And you don’t even mention why your absent of arguments outweighs the benefits of crypto-currencies. I don’t think you know what your talking about.
legendary
Activity: 1918
Merit: 1728
April 18, 2017, 09:28:34 AM
#62
Well, I like the blockchain technology... but I have some major problems with it.

Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.


Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy.

Everyone is just trying to one-up the next person by manipulating numbers to their advantage. Sure, that's a lot like the stock market but at the end of the day cryptocurrencies never produce anything other than more coins. Companies produce products and services.

Most every coin uses underhanded trolling tactics like hype accounts, insider bribes, and worse. There's nothing redeemable about the vast majority of this space.

I know there will be mostly defenders of the stupidity but god-damn it is truly ridiculous.

Reading something worthy after time. I do got same intuitions at times while lurking around Altcoin section. The freedom to create one's own cryptocurrency at affordable rate is just inducing lots and lots of unprofessional to enter market and producing tokens with zero utility. You are completely right comparing it with Stock Market. Altcoin market is just an arena of transfer of entity claims and no real production towards economy.
member
Activity: 98
Merit: 10
April 18, 2017, 06:39:55 AM
#61
A guy who hates crypto has a Btc address as a signature:)))
The hipocracy is real
I don't think this guy really thinks so. But this opinion many. There are people who are big opponents of technological innovations. For them, the crypto is only one of the manifestations of the hated progress.
hero member
Activity: 762
Merit: 500
April 18, 2017, 06:21:44 AM
#60
A guy who hates crypto has a Btc address as a signature:)))
The hipocracy is real
legendary
Activity: 3514
Merit: 1280
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April 18, 2017, 01:28:43 AM
#59
Your shock and horror at the naked greed in the BTC economy is just human behavior. Free markets are fair but brutal. They reflect the actions of myriad competing and self interested users. Free markets offer no protection, but opportunity that is unattainable in regulated markets.

As far as the problems you see with alt-coins, well... I tend to agree. Which is why I think alts are a foolish distraction. Just ignore them

I agree both with you and OP on this point

Long-term investment is altcoins could be and in many if not most cases is close to suicidal. If you are in for quick profits and go for wool, get ready to come back shorn at the end of the day. Other than that, altcoins can be quite useful. For example, when Chinese exchange froze Bitcoin withdrawals some folks still managed to withdraw their funds via altcoins. The transaction fees of most altcoins are substantially lower as well as confirmation times are shorter so they can be helpful to transfer value instead of Bitcoin

Me I like the wilderness. An uncaring, harsh environment that favors no one

Only as long as you are the king of the jungle
legendary
Activity: 3332
Merit: 1191
April 18, 2017, 12:58:20 AM
#58
You hate people and their actions, cryptocurrencies are just product. Like any other product with this one can also be manipulated, how depends from many things, what is important that people are doing that with help from others and some tricks.
Don't hate something that you don't understand, I'm also annoyed by some things here, nothing is perfect.
sr. member
Activity: 1512
Merit: 316
April 18, 2017, 12:57:03 AM
#57
No doubt the technology as a whole of Blockchain itself is nothing less than a miracle for the world beacuse of its unanimous advances of features it has. Now cyprocutrency as a currency it's being ruled out be few government by raising a question like if its currency then why it's not being governed by any body or institution ? How can any currency be evolved without government permission ?
full member
Activity: 201
Merit: 194
April 18, 2017, 12:32:05 AM
#56
Humans sometimes are greedy and obviously behind those projects are money involved, but don't see just the monetary background the entirely ecosystem of the cryptocurrency is changing the world and making positives changes in the life of many people
full member
Activity: 266
Merit: 100
April 17, 2017, 10:41:25 PM
#55
its new to see that some people is showing their concern about bitcoins and why they hate bitcoins.
i would never bitcoins because it is the mode of earning money for me and i would always love it.
it was through bitcoins that i have started earning money.
hero member
Activity: 798
Merit: 506
April 17, 2017, 10:19:26 PM
#54
Well, I like the blockchain technology... but I have some major problems with it.

Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.


Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy.

Everyone is just trying to one-up the next person by manipulating numbers to their advantage. Sure, that's a lot like the stock market but at the end of the day cryptocurrencies never produce anything other than more coins. Companies produce products and services.

Most every coin uses underhanded trolling tactics like hype accounts, insider bribes, and worse. There's nothing redeemable about the vast majority of this space.

I know there will be mostly defenders of the stupidity but god-damn it is truly ridiculous.
I know what you mean, but that's the nature cycle of cryptocurrencies. Speculation and manipulation about a coins being created everyday in order to get more adopters and profits. Bitcoin as the first cryptocurrrency is the best/main of digital currency, so people want to trade their altcoins into bitcoin and vice versa, but in the end convert it back into bitcoin, this process always repeated.

Do you know what trading mean? Some people get profits while others get loss, yes, its about time matter. Who buy and sell their coins at the right time, they are get benefit and others don't. That maybe seems ridiculous for you, but people have to deal with it, known as risk.
sr. member
Activity: 714
Merit: 252
April 17, 2017, 09:19:59 PM
#53
You are making statement which is realistic. But you have to accept few facts that life circle works around these kind of currencies, money, or product and services. What is the problem if people getting profited with this technology and leaving their life the way they want. I believe there is no bit of problem. Different type of coins are meant for different value for them just like pennies, dollars, pound etc. It should be their to remove the monopoly and also not everyone can invest in bitcoin after looking at its price. So people go for alternate coins which is good thing as they are ultimately engaging in the circle of relativity.
legendary
Activity: 1288
Merit: 1087
April 17, 2017, 08:42:27 PM
#52
what did the op expect? it's a free for all that can be created out of thin air in certain circumstances. of course it's gonna attract scum, get rich quick assholes and it'll be the subject of endless scams.

out of all this shit some very important things will eventually arise.

people here are too locked in to their personal time lines. this is the type of thing that takes decades to spread and most people here will be long gone by then. it doesn't matter what happens to any of us or any existing business. the idea will always be out there from now on until it's put into action for the benefit of many more people.
legendary
Activity: 1666
Merit: 1001
April 17, 2017, 07:03:57 PM
#51
well it is a free world and everyone is free to create a new coin, no matter what is their reason, and I understand that you are disappointed in alt coin because there are so many coins which is actually useless and never been heard, the coin developer just looking for chance to create some profit, by having alt coin actually it is helping bitcoin to growth because it can be used for trading, but we also need to see the other side of crypto currencies, it also giving a big help to a lot of people and making our transaction easier, so see from different point of view maybe you can see a better potential of crypto currencies
sr. member
Activity: 1372
Merit: 348
April 17, 2017, 03:46:17 PM
#50
I don't get it you are also using it and yet you are telling us that you hate cryptocurrency???


Well he stated the reason why he hated it, he first need to learn how to use it know the all arounds of it before hating it.  You cannot hate something you do not know.  You maybe not like what you do not know but definitely will not hate it until you know you will hate it.   Though those reason why he hate is is the reason why I am into cryptocurrency.
legendary
Activity: 2366
Merit: 2054
April 17, 2017, 03:41:44 PM
#49
reason you hate cryptocurrency is digress, how someone hates something but still using the stuff ?, Perhaps OP a bit annoyed with some of those who monopolize the market cryptocurrency. actually, when using bitcoin and cryptocurrency to smart use , whether cryptocurrency to invest, or fast transactions with cryptocurrency ? .
Pab
legendary
Activity: 1862
Merit: 1012
April 17, 2017, 02:30:06 PM
#48
You can trade on Poloniex thay have stop loss tool,easy to use,hundreds of atls it is just virtual trash,modern economy is creating a lot of trash btc economy is the same,i simply dont care of them
sr. member
Activity: 1176
Merit: 301
April 17, 2017, 01:45:33 PM
#47
I don't get it you are also using it and yet you are telling us that you hate cryptocurrency???
member
Activity: 70
Merit: 10
woah that's a lot of money
April 17, 2017, 01:42:43 PM
#46
I have to laugh at op's argument here.   All markets under capitalism are like this, and I happen to like the 24-hours a day nature of the exchanges.  But if you don't like it,  you're free to leave.   My guess is that you'll stay if you've been bitten by the crypto bug though.   It's very similar to the stock market,  but this is all new and people are exhibiting wild west behavior.   That makes it pretty damn fun, but thatt just me.

Hey now, let's not get too drastic.  Wink

I almost went off on a sch peel about it being like the wild west earlier.

All markets are definitely not like THIS. Hectic, full of conflict, yeah: sure.

Hidden instamines, hacks, changes to the fundamentals of stocks... well it's not unprecedented but it isn't as normative as it is over here.



To all the people saying bitcoin is unregulated: yes the core wallet is unregulated excluding the bitcoin foundation. Sure. But in order to do most btc trading you rely on a 3rd party exchange which pretty well all require proof of identification and KYC compliance these days. It's not entirely unregulated. Also, why couldn't limited regulation be a positive? You know, so people can't lie about their holdings or run away with coins without repercussions?


Hate is a much catchier title. How about "I'm disappointed in Cryptocurrency's Wasted Potential"
copper member
Activity: 658
Merit: 284
April 17, 2017, 01:40:54 PM
#45
Well, I like the blockchain technology... but I have some major problems with it.

Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.


Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy.

Everyone is just trying to one-up the next person by manipulating numbers to their advantage. Sure, that's a lot like the stock market but at the end of the day cryptocurrencies never produce anything other than more coins. Companies produce products and services.

Most every coin uses underhanded trolling tactics like hype accounts, insider bribes, and worse. There's nothing redeemable about the vast majority of this space.

I know there will be mostly defenders of the stupidity but god-damn it is truly ridiculous.

I see no reason to say you hate cryptocurrency because everything good has competition next to it!

And cryptocurrencies has more advantages than disadvantages. If you are always looking for darker side of a new technology that's all you gonna get!

Everything in this world has advantage and disadvantage. so now is up to you to choose to live with the modern technology or you can go back to "STONE AGE" and live your life... The choice is up to you!
sr. member
Activity: 1190
Merit: 306
April 17, 2017, 01:31:36 PM
#44
I have to laugh at op's argument here.   All markets under capitalism are like this, and I happen to like the 24-hours a day nature of the exchanges.  But if you don't like it,  you're free to leave.   My guess is that you'll stay if you've been bitten by the crypto bug though.   It's very similar to the stock market,  but this is all new and people are exhibiting wild west behavior.   That makes it pretty damn fun, but thatt just me.
hero member
Activity: 3052
Merit: 651
April 17, 2017, 01:11:12 PM
#43
That manipulation cannot be easily done with bitcoin.
Yes maybe with altcoins it can be done easily but the problem is bitcoin is so expensive to risk it.
I also love the decrntralized thing to avoid governments from getting a hold of it just for selfish reasons.
Here it is the people who are holding a coin can make the changes unlike stocks which could be controlled by media with the government side.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
April 17, 2017, 01:06:39 PM
#42
Well, I like the blockchain technology... but I have some major problems with it.

Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.


Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy.

Everyone is just trying to one-up the next person by manipulating numbers to their advantage. Sure, that's a lot like the stock market but at the end of the day cryptocurrencies never produce anything other than more coins. Companies produce products and services.

Most every coin uses underhanded trolling tactics like hype accounts, insider bribes, and worse. There's nothing redeemable about the vast majority of this space.

I know there will be mostly defenders of the stupidity but god-damn it is truly ridiculous.

I understand what you mean but still it is differenr with this.
It is easier for us. We are the owner and we are the manager. Regarding about companies that would produce products while you invested in it for profit if it is successful. There is risk there also. It is just almost the same. There might not be a product with bitcoin but think of it as a next currency if it is all ready or they accepted it. For now, better profit from it. Even with the other coins. Use it as a tool to make life easier.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
April 17, 2017, 12:58:03 PM
#41
Some of your criticisms are the reasons I use bitcoin.  Huh

If bitcoin were regulated in any way, the regulators would have more power than the other users. That is an absolute non-starter for me. I would sell off my coins tomorrow if that happened. The beauty of bitcoin is that it can't be controlled by a bank, government, etc. It makes a consensus to change the protocol maddeningly dificult. Which is exactly what was designed.   

Your shock and horror at the naked greed in the BTC economy is just human behavior. Free markets are fair but brutal. They reflect the actions of myriad competing and self interested users. Free markets offer no protection, but opportunity that is unattainable in regulated markets.

As far as the problems you see with alt-coins, well... I tend to agree. Which is why I think alts are a foolish distraction. Just ignore them.

So what would regulation mean? Should I decide if you may use bitcoin? Should I chose how many you can (or must) buy/sell? Should I decide where you can use them, how many are produced, the price? What is it I should regulate and how are you going to pay me and do all this work?  And if not me, who should be the worldwide authority to create laws that every human on the Earth must obey to use BTC?

Me I like the wilderness. An uncaring, harsh environment that favors no one. 
newbie
Activity: 34
Merit: 0
April 17, 2017, 12:29:09 PM
#40
In their failures, it is necessary to blame not for the crypto-currency, but for itself. A person must be financially literate in order to properly manage his money. Losses - this is one of the stages of gaining experience. It is necessary to survive and live on. To not give up
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
April 17, 2017, 11:45:16 AM
#39
Mark my words - Bitcoin is nothing without altcoins as these alts tend to make Bitcoins too rise as well as circulate among users.
nonsense.
it is because of bitcoin that they exist not the other way around.
people go to altcoins in order to make more bitcoin and if anything that should decrease bitcoin price because people get much more bitcoin they used to have and if they sell price tanks.
bitcoin rises on its own and has nothing to do with altcoins other way is correct however. altcoins get dumped as bitcoin rises and they sometimes get pumped if bitcoin takes a temporary dip

Quote
Just think - what will you do with your money if you have nothing available to be bought through it?
IF there weren't anything available, which there is.
and even if there weren't bitcoin would turn into something like gold. or are you going to say gold is valuable because i don't know iron exists!!

p.s. so far in past 7-8 years thousands of altcoins came and gone and there will be thousands more in the coming future and they will continue to serve one purpose only: to get pump and dumped
until something changes with people who create these coins.
legendary
Activity: 3514
Merit: 1280
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April 17, 2017, 11:40:40 AM
#38
Mark my words - Bitcoin is nothing without altcoins as these alts tend to make Bitcoins too rise as well as circulate among users.
Just think - what will you do with your money if you have nothing available to be bought through it? Your statement seems legitimate and you are correct in your words, but to run such a network, this bullshit is actually needed because without these wealthy monsters, no one would come up to feed those weak hands who sell their Bitcoins for lower prices. Wealthy guys play it through minds, stupid guys play it through hearts

Other folks are also requiring to mark their words

Though they claim quite the opposite, namely, that Bitcoin is nothing without the US dollar. I think you can't have both ends at once, it is either here or there. As to me (you can mark my words too), Bitcoin would fare a lot better with neither the American dollar nor a host of altcoins by its side. Without these, people will just start using Bitcoin as a currency, i.e. how it was conceived right from the start. Moreover, we will nevertheless quickly get there even with all the Bitcoin competitors still sticking around once instant payments kick off for real



Look at the price, the market feels these times are nearing soon. The summer is coming!
member
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woah that's a lot of money
April 17, 2017, 10:07:50 AM
#37
Hydrogen: Absolutely with you. The traditional financial sectors are definitely full of faults. Derivatives, banking bullshit, and fiat printing are all pretty messed up. The big thing most stocks have over Cryptocurrencies is that they're backed by a product or service. I know there are different coins with different features but to be frank I don't really buy the necessity for more than a handful.

Yes, crypto is more an attempt at currency/asset rather than the basis of a company. Still, I don't really see any legitimate reason for the majority of coins including the front runners.


It makes me a bit sick, ok, seeing all these damn dirty apes money grubbing over intangible assets created for no other reason to leverage a portion of the pre-existing market. There are too many 'legitimate' passable scams and most traders don't give a damn if a coin is a scam as long as it's moving in their favor.


Perhaps you're right that it's an advantage to have a 24/7 trading time. Either way, it's that way no matter what.

Patrick Byrne of Overstock piqued my interest when he was talking about the blockchain as a way to ensure that trading platforms don't trade with trader's deposits in house. For the most part, it's difficult to 'own' your stock when trading digitally. However, I haven't heard anything from him in quite awhile.

I think if cryptocurrencies got tethered to resources that 24/7 trading might start to present a problem. Losing leverage in a 24/7 fight over a couple billion marketcap right now isn't quite the same as having to fight a 24/7 price battle over the sum total of global resources.




P.S. if anybody wants to buy some max keiser coin i desperately need money for my daughter's tuition please pm me
sr. member
Activity: 924
Merit: 260
April 17, 2017, 10:01:58 AM
#36
Well, I like the blockchain technology... but I have some major problems with it.

Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.


Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy.

Everyone is just trying to one-up the next person by manipulating numbers to their advantage. Sure, that's a lot like the stock market but at the end of the day cryptocurrencies never produce anything other than more coins. Companies produce products and services.

Most every coin uses underhanded trolling tactics like hype accounts, insider bribes, and worse. There's nothing redeemable about the vst majority of this space.

I know there will be mostly defenders of the stupidity but god-damn it is truly ridiculous.
Op you are looking for imperfection in human system I don't think is possible. Bitcoin advantage both in decentralization and low fee cannot be over emphasize. We all have seeing great breakthrough in this technology and to me bitcoin economic system is far more better than fiat and banking economic system. If bitcoin failed we wouldn't have see the others coins coming up.
legendary
Activity: 3052
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April 17, 2017, 09:53:20 AM
#35
Mark my words - Bitcoin is nothing without altcoins as these alts tend to make Bitcoins too rise as well as circulate among users.
Just think - what will you do with your money if you have nothing available to be bought through it? Your statement seems legitimate and you are correct in your words, but to run such a network, this bullshit is actually needed because without these wealthy monsters, no one would come up to feed those weak hands who sell their Bitcoins for lower prices. Wealthy guys play it through minds, stupid guys play it through hearts.
full member
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The first decentralized crypto betting platform
April 17, 2017, 09:50:00 AM
#34
Truth be told, I feel similarly about the stock, currency, and commodities markets.

To me, everything that is available to the consumer comes from the work of the manual laborers. The people who truly work to make services and products available through menial tasks.

Although this lowest rung performs the majority of the true, intensive labor they are upended by people who use trading to generate income from having wealth.

That's the crux of the issue, there is no changing it, but it makes for some really unhealthy societal tensions which I believe manifest almost exclusively from this. Laborers are divorced from profit to such a degree that it is maddening.

The cryptocurrency scene imitates this already 'unfair' system yet removes the purpose of funding enterprises who produce goods and services. What's left is a decrepit circus trying to pass itself off as legitimate.

I understand why the cryptocurrency markets and 'real' markets operate how they do and free-trade is unavoidable. However, that doesn't mean that I find anything redeeming about the crypto side which is the same thing repackaged a million times.
This is sort of true in that there are huge amounts of pump-and-dumps and manipulation in the small cryptocurrencies and the shitcoins.  But that's just a side effect of this trading market.  There are also original coins, like Monero or ETH, which do try to achieve something with blockchain technology and build a niche. 

The only problem is the prominence of this "anarcho-capitalism" which always results in giant rungs in a ladder because the people who are so desperate to be "free" have pretty illogical views on capitalism and how things like this are going to work out.
legendary
Activity: 2562
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April 17, 2017, 09:44:46 AM
#33
Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.

Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy.

Regulated banks do the same thing.

Instead of alt coins, pre mined junk coins or faux coins, they create derivatives.

Deutsche Bank has more in junk derivatives than the eurozone has GDP.



Regulation doesn't eliminate fraud in the financial sector, it is only used to prevent those other than banks from committing it.
hero member
Activity: 882
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April 17, 2017, 09:42:50 AM
#32
I don't really see what's wrong with that

Namely, how and why it would (should) be better if there were limited hours for trading? It looks more like you missed some price movement leaving you in the red while you were asleep (away) and now come here cursing cryptocurrencies turning the air blue. Regarding everyone trying to get advantage over the next person, this is how everything around us works. The whole evolution hinges on that (so-called "survival of the fittest"). Ultimately, though, it could be said that we are all mercilessly exploiting nature by decreasing entropy inside us by increasing it outside. I guess, you will have to reconcile yourself to that and live with it
He must be an alien, lets welcome him back to earth and perhaps dispatch him to the Amazon forest to gain first hand knowledge of how things work ere on earth. Btw, dont we have the Dollars, Euros and Pounds trying to out do one another on daily basis?
Don't misunderstand me, I never left.

Good for you!

But you still didn't explain to us why trading 24/7 is bad while trading 8 hours or so a day is in fact good. As I said, it feels more like you lost a lot while you were not around (likely sleeping), and thus you are frustrated at cryptocurrencies in general. I simply can't come up with any other plausible explanation why you might hate 24/7 trading apart from that. Really, people typically talk about round the clock trading as one of the cryptoworld advantages over the Wall Street world with their trading schedules, open hours, business suits, and all that useless shit

I agree, I think it is more unproductive to have an eight hour trading time. Since I believe that businesses don't really sleep. I don't see Microsoft stopping its businesses after trading hours nor do I see it stop on weekends. That's really a fact.

I do somehow understand the sentiments of OP. I see plenty of coins that are really useless. People just tend to create so much coins for whatever purpose. For example, I've seen that "ConCoins." Which I really think is stupid. They just create some new coins for whatever weird and crazy purpose.

However, I still believe that some coins are useful. Not every coin is the same. For example, Z-Cash has some form of variation on the blockchain technology where they can hide the transaction data but only the parties can see it while it being written in their blockchain. This could really have some sort of real life use.
legendary
Activity: 3514
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April 17, 2017, 09:31:45 AM
#31
I don't really see what's wrong with that

Namely, how and why it would (should) be better if there were limited hours for trading? It looks more like you missed some price movement leaving you in the red while you were asleep (away) and now come here cursing cryptocurrencies turning the air blue. Regarding everyone trying to get advantage over the next person, this is how everything around us works. The whole evolution hinges on that (so-called "survival of the fittest"). Ultimately, though, it could be said that we are all mercilessly exploiting nature by decreasing entropy inside us by increasing it outside. I guess, you will have to reconcile yourself to that and live with it
He must be an alien, lets welcome him back to earth and perhaps dispatch him to the Amazon forest to gain first hand knowledge of how things work ere on earth. Btw, dont we have the Dollars, Euros and Pounds trying to out do one another on daily basis?
Don't misunderstand me, I never left.

Good for you!

But you still didn't explain to us why trading 24/7 is bad while trading 8 hours or so a day is in fact good. As I said, it feels more like you lost a lot while you were not around (likely sleeping), and thus you are frustrated at cryptocurrencies in general. I simply can't come up with any other plausible explanation why you might hate 24/7 trading apart from that. Really, people typically talk about round the clock trading as one of the cryptoworld advantages over the Wall Street world with their trading schedules, open hours, business suits, and all that useless shit

It baffles me how much stuff like this gets posted. Makes zero sense, always posted by somebody with an active ad campaign

You can't lie down with dogs without rising with fleas
member
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woah that's a lot of money
April 17, 2017, 08:40:28 AM
#30
Well, I like the blockchain technology... but I have some major problems with it.

Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.


Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy

I don't really see what's wrong with that

Namely, how and why it would (should) be better if there were limited hours for trading? It looks more like you missed some price movement leaving you in the red while you were asleep (away) and now come here cursing cryptocurrencies turning the air blue. Regarding everyone trying to get advantage over the next person, this is how everything around us works. The whole evolution hinges on that (so-called "survival of the fittest"). Ultimately, though, it could be said that we are all mercilessly exploiting nature by decreasing entropy inside us by increasing it outside. I guess, you will have to reconcile yourself to that and live with it
He must be an alien, lets welcome him back to earth and perhaps dispatch him to the Amazon forest to gain first hand knowledge of how things work ere on earth. Btw, dont we have the Dollars, Euros and Pounds trying to out do one another on daily basis?
Don't misunderstand me, I never left.
hero member
Activity: 1134
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April 17, 2017, 08:37:57 AM
#29
Well, I like the blockchain technology... but I have some major problems with it.

Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.


Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy

I don't really see what's wrong with that

Namely, how and why it would (should) be better if there were limited hours for trading? It looks more like you missed some price movement leaving you in the red while you were asleep (away) and now come here cursing cryptocurrencies turning the air blue. Regarding everyone trying to get advantage over the next person, this is how everything around us works. The whole evolution hinges on that (so-called "survival of the fittest"). Ultimately, though, it could be said that we are all mercilessly exploiting nature by decreasing entropy inside us by increasing it outside. I guess, you will have to reconcile yourself to that and live with it
He must be an alien, lets welcome him back to earth and perhaps dispatch him to the Amazon forest to gain first hand knowledge of how things work ere on earth. Btw, dont we have the Dollars, Euros and Pounds trying to out do one another on daily basis?
sr. member
Activity: 714
Merit: 250
April 17, 2017, 07:59:55 AM
#28
Well, I like the blockchain technology... but I have some major problems with it.

Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.


Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy.

Everyone is just trying to one-up the next person by manipulating numbers to their advantage. Sure, that's a lot like the stock market but at the end of the day cryptocurrencies never produce anything other than more coins. Companies produce products and services.

Most every coin uses underhanded trolling tactics like hype accounts, insider bribes, and worse. There's nothing redeemable about the vast majority of this space.

I know there will be mostly defenders of the stupidity but god-damn it is truly ridiculous.

rather OP hate those people who use cryptocurrency as personal gain, cryptocurrency created on the basis of this cryptography makes cryptocurrency valuable, like bitcoin and some altcoin decent enough, maybe the OP should be careful to play in cryptocurrency on the basis of stock trading. cryptocurrency created almost the same as the currency, cryptocurrency including currency, but the currency is not included cryptocurrency.
sr. member
Activity: 364
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April 17, 2017, 06:29:10 AM
#27
you are confusing 3 different things:
1) trading (most probably altcoin trading and losing your money because of pump and dumps)

2) blockchain technology (which is just a technology, bitcoin uses it, altcoins use it, banks and many other fields use it)

3) crypto currencies (as a currency, for example using bitcoin to purchase stuff online and stay anonymous to some extent).

I have seen enough similar topics to say there is a good change your hate comes from option number 1. and that is right, we all hate altcoins and their pump and dumps, Instamined (no pun intended) coins, the ICOs and all the crap they pull.

one thing is for sure though, insulting everyone who replies to you is not going to solve anything and won't bring your money back.

1) It has nothing to do with any trade, this has been my long standing opinion on the state of cryptocurrency today.

2) I understand the distinction between the technology and tokens, I even draw that distinction out.

3) uh... yeah.... totally confused on that

Pcoin:
"and you agreed with me that there are more than 1 billion ideas flowing everyday but we still have less than 1 billion crypto made."

I never mentioned 1 billion ideas flowing everyday. I don't have a clue what you were talking about.





I don't really care if you think that insulting is bad or rude or whatever, some of the ad-campaigners posts are seriously stupid.


d5000

I agree with the potential for the blockchain to be used to solve a lot of issues. That's why I find the current state of affairs to be annoying and failing to live up to potential.

Quote
Sure, that's a lot like the stock market but at the end of the day cryptocurrencies never produce anything other than more coins. Companies produce products and services.
This is why i made such a statement because cryptocoin development are been propelled by ideas and there are many ideas that are yet to be taped so we should expect more coins.
I do not know the reason for your anger but every cryptocoin traders have lost good funds at one point or the other (Including myself) you only need to equip yourself with necessary knowledge about the crypto markets because there are good money to be made also.
legendary
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April 17, 2017, 06:20:39 AM
#26
Truth be told, I feel similarly about the stock, currency, and commodities markets.

To me, everything that is available to the consumer comes from the work of the manual laborers. The people who truly work to make services and products available through menial tasks.

Although this lowest rung performs the majority of the true, intensive labor they are upended by people who use trading to generate income from having wealth.

That's the crux of the issue, there is no changing it, but it makes for some really unhealthy societal tensions which I believe manifest almost exclusively from this. Laborers are divorced from profit to such a degree that it is maddening

Welcome to laissez-faire capitalism, mate

Deep inside people are selfish brutes, and, paradoxically, that seems to the only way to make the world (society) sustainable in the long run. The systems which tried to fix that (basically, "from each according to his ability, to each according to his need") turned out as unsustainable as well as uncompetitive and eventually corrupted down to outright dictatorships and autocracies. In fact, the laborers you refer to are none the better than the ones which (allegedly) take profits from them. They were either lazy or just unlucky to be born in poverty with not sufficient mental capacities to work their way up. You will have to resign yourself to this state of affairs
member
Activity: 70
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woah that's a lot of money
April 17, 2017, 06:01:07 AM
#25
you are confusing 3 different things:
1) trading (most probably altcoin trading and losing your money because of pump and dumps)

2) blockchain technology (which is just a technology, bitcoin uses it, altcoins use it, banks and many other fields use it)

3) crypto currencies (as a currency, for example using bitcoin to purchase stuff online and stay anonymous to some extent).

I have seen enough similar topics to say there is a good change your hate comes from option number 1. and that is right, we all hate altcoins and their pump and dumps, Instamined (no pun intended) coins, the ICOs and all the crap they pull.

one thing is for sure though, insulting everyone who replies to you is not going to solve anything and won't bring your money back.

1) It has nothing to do with any trade, this has been my long standing opinion on the state of cryptocurrency today.

2) I understand the distinction between the technology and tokens, I even draw that distinction out.

3) uh... yeah.... totally confused on that

Pcoin:
"and you agreed with me that there are more than 1 billion ideas flowing everyday but we still have less than 1 billion crypto made."

I never mentioned 1 billion ideas flowing everyday. I don't have a clue what you were talking about.





I don't really care if you think that insulting is bad or rude or whatever, some of the ad-campaigners posts are seriously stupid.


d5000

I agree with the potential for the blockchain to be used to solve a lot of issues. That's why I find the current state of affairs to be annoying and failing to live up to potential.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
April 17, 2017, 05:44:59 AM
#24
you are confusing 3 different things:
1) trading (most probably altcoin trading and losing your money because of pump and dumps)

2) blockchain technology (which is just a technology, bitcoin uses it, altcoins use it, banks and many other fields use it)

3) crypto currencies (as a currency, for example using bitcoin to purchase stuff online and stay anonymous to some extent).

I have seen enough similar topics to say there is a good change your hate comes from option number 1. and that is right, we all hate altcoins and their pump and dumps, Instamined (no pun intended) coins, the ICOs and all the crap they pull.

one thing is for sure though, insulting everyone who replies to you is not going to solve anything and won't bring your money back.
hero member
Activity: 644
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April 17, 2017, 05:28:19 AM
#23
Well, I like the blockchain technology... but I have some major problems with it.

Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.


Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy.

Everyone is just trying to one-up the next person by manipulating numbers to their advantage. Sure, that's a lot like the stock market but at the end of the day cryptocurrencies never produce anything other than more coins. Companies produce products and services.

Most every coin uses underhanded trolling tactics like hype accounts, insider bribes, and worse. There's nothing redeemable about the vast majority of this space.

I know there will be mostly defenders of the stupidity but god-damn it is truly ridiculous.

youre titile thread hate crypto curency
but conntent thread youre like blockchaim, about youre hate fluctuative price and about pump and dump this mean manimulation price
because bitcoin or crypto curency commoditie so price can up and down, same with nother fiat furency dollar can up and down too
sr. member
Activity: 364
Merit: 250
April 17, 2017, 04:58:56 AM
#22
Quote
It baffles me how much stuff like this gets posted. Makes zero sense, always posted by somebody with an active ad campaign.

To me it's a question of are they serious or are they shilling deliberately.
No doubt you created this thread just to insult people because everybody are trying to let you see reasons that could make you to like cryptocurrency but you yelled back at them, if you already have your best opinion why creating the thread?
I am deleting my post from here but grow up because cryptocurrency have come to stay for good.
legendary
Activity: 3906
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Decentralization Maximalist
April 17, 2017, 04:57:28 AM
#21
You rise some valid points that I also hate - in the Bitcoin community and in the altcoin communities.

To me, everything that is available to the consumer comes from the work of the manual laborers. [...]

Although this lowest rung performs the majority of the true, intensive labor they are upended by people who use trading to generate income from having wealth.

This statement has much truth in it and applies fully to Bitcoin and altcoins. But Bitcoin and cryptocurrencies generate opportunities that are not related to "making money with trading". So I don't agree with this statement:

Quote
The cryptocurrency scene imitates this already 'unfair' system yet removes the purpose of funding enterprises who produce goods and services. What's left is a decrepit circus trying to pass itself off as legitimate.

The point is that cryptocurrency could - in the future - remove many inefficiencies in the financial system that today are "stealing" money from working people. Cryptocurrencies can automate many things that banks do. That means that in a world where cryptocurrencies are stronger, banks will probably lose much of its current power. So there would be less middlemen in the financial sector and there would actually less money being "stolen" from workers.

But until we reach that utopia many hurdles must be taken. One of the biggest is price volatility, that seems to be gradually improving but is still far away from making Bitcoin an usable "unit of account". Until this problem is not solved a Bitcoin wallet simply isn't the same than a bank account.
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April 17, 2017, 04:49:03 AM
#20
Sure, that's a lot like the stock market but at the end of the day cryptocurrencies never produce anything other than more coins. Companies produce products and services. This is where you got it all wrong because unlike the physical stock that are been heavily regulated by some greedy financial body crypto world is a free-market for all and they produce services, gives to the charity and do some physical projects based on the funds at their disposal.
Coin production is just an innovations which everybody uses to project their ideas and you agreed with me that there are more than 1 billion ideas flowing everyday but we still have less than 1 billion crypto made.

It baffles me how much stuff like this gets posted. Makes zero sense, always posted by somebody with an active ad campaign.

To me it's a question of are they serious or are they shilling deliberately.
member
Activity: 70
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woah that's a lot of money
April 17, 2017, 04:43:53 AM
#19
Everyone has their own experience and you have all your freedom to express yourself.
But for me, I will never hate something that gives me a good opportunity to grow my money.
i think most of the people who  know about the importance of bitcoin they like bitcoin and most of them have invested their money there, to me i myself like bitcoin as i am earning a good amount of profit from it.

Nice word jumble. Please stab yourself in the eyes.
sr. member
Activity: 378
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April 17, 2017, 04:39:07 AM
#18
Everyone has their own experience and you have all your freedom to express yourself.
But for me, I will never hate something that gives me a good opportunity to grow my money.
i think most of the people who  know about the importance of bitcoin they like bitcoin and most of them have invested their money there, to me i myself like bitcoin as i am earning a good amount of profit from it.
legendary
Activity: 3374
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I stand with Ukraine.
April 17, 2017, 04:16:28 AM
#17
Well, I like the blockchain technology... but I have some major problems with it.

Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.


Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy

I don't really see what's wrong with that

Namely, how and why it would (should) be better if there were limited hours for trading? It looks more like you missed some price movement leaving you in the red while you were asleep (away) and now come here cursing cryptocurrencies turning the air blue. Regarding everyone trying to get advantage over the next person, this is how everything around us works. The whole evolution hinges on that (so-called "survival of the fittest"). Ultimately, though, it could be said that we are all mercilessly exploiting nature by decreasing entropy inside us by increasing it outside. I guess, you will have to reconcile yourself to that and live with it

This is a great advice. Not only for the OP but for me personally too, because sometimes I also think "Why do we need all those altcoins if we know that nothing will replace Bitcoin in our life time?" But you are absolutely right. Evolution is impossible without diversity. Who knows, maybe in the far future another coin will win. (But not in our lifetime Wink)
hero member
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One of the world's leading Bitcoin-powered casinos
April 17, 2017, 04:15:22 AM
#16
Well, I like the blockchain technology... but I have some major problems with it.

Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.


Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy.

Everyone is just trying to one-up the next person by manipulating numbers to their advantage. Sure, that's a lot like the stock market but at the end of the day cryptocurrencies never produce anything other than more coins. Companies produce products and services.

Most every coin uses underhanded trolling tactics like hype accounts, insider bribes, and worse. There's nothing redeemable about the vast majority of this space.

I know there will be mostly defenders of the stupidity but god-damn it is truly ridiculous.
In my opinion you have very less amount of the knowledge in the bitcoin and its best market to make money that is cryptocurrency market , no doubt that cryptocurrency ( all the altcoins ) are not much Better than what the bitcoin is , but in reality that the bitcoin is only a thing which is better option to make money , it is because with the bitcoin alone you can't make big trading with your money , so existence of bitcoin in the bitcoin network is a necessary part for the bitcoiners to make earning  and also no doubt that bitcoin is himself a cryptocurrency which is trade by the bitcoiners .
member
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April 17, 2017, 04:08:10 AM
#15
Truth be told, I feel similarly about the stock, currency, and commodities markets.

To me, everything that is available to the consumer comes from the work of the manual laborers. The people who truly work to make services and products available through menial tasks.
You are right there is very little difference between currency, commodities or stock market.
It is all one method to make money out of nothing, but we can't exactly do anything about it.
Concept of cryptocurrency is amazing - but as always there will be people who would like to exploit it to make fast money.
And there will be sheep who will follow them baited by promise of profits too. It is vicious and never ending circle.
Stop supporting crap altcoin, focus only on serious projects, help bitcoin grow - this is what we can do to stop this altcoin idiocy.

Altcoin can only play a little for variety and short-term investments. The main and more profitable currency is of course bitcoin. We need to develop and improve it.
hero member
Activity: 560
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April 17, 2017, 04:00:18 AM
#14
Truth be told, I feel similarly about the stock, currency, and commodities markets.

To me, everything that is available to the consumer comes from the work of the manual laborers. The people who truly work to make services and products available through menial tasks.
You are right there is very little difference between currency, commodities or stock market.
It is all one method to make money out of nothing, but we can't exactly do anything about it.
Concept of cryptocurrency is amazing - but as always there will be people who would like to exploit it to make fast money.
And there will be sheep who will follow them baited by promise of profits too. It is vicious and never ending circle.
Stop supporting crap altcoin, focus only on serious projects, help bitcoin grow - this is what we can do to stop this altcoin idiocy.
member
Activity: 70
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woah that's a lot of money
April 17, 2017, 03:39:50 AM
#13
Truth be told, I feel similarly about the stock, currency, and commodities markets.

To me, everything that is available to the consumer comes from the work of the manual laborers. The people who truly work to make services and products available through menial tasks.

Although this lowest rung performs the majority of the true, intensive labor they are upended by people who use trading to generate income from having wealth.

That's the crux of the issue, there is no changing it, but it makes for some really unhealthy societal tensions which I believe manifest almost exclusively from this. Laborers are divorced from profit to such a degree that it is maddening.

The cryptocurrency scene imitates this already 'unfair' system yet removes the purpose of funding enterprises who produce goods and services. What's left is a decrepit circus trying to pass itself off as legitimate.

I understand why the cryptocurrency markets and 'real' markets operate how they do and free-trade is unavoidable. However, that doesn't mean that I find anything redeeming about the crypto side which is the same thing repackaged a million times.
member
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April 17, 2017, 03:33:33 AM
#12
If you do not like crypto currency, then you can simply not use it. Personally, I like it. This is a step in the great future of modern technology.
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April 17, 2017, 03:28:24 AM
#11
Everyone has their own experience and you have all your freedom to express yourself.
But for me, I will never hate something that gives me a good opportunity to grow my money.
Exactly, yes you can grow your money with cryptocurrency.
You can also lose.


Most people in this space think only about the money and don't remotely care what is best for society. Self respect and dignity is thrown to the side in the pursuit of money from nothing.

Opportunities are always around us, depends from our personality we like something more then other. Instamined is right here, people are running for money and self respect, dignity is thrown on the side, and we can`t do much about it, if you won`t someone else will do it for less money or for free. Freedom of choice, and in that you can hate people cause they chose something (what ever it is), cause not all of us have a right to chose, some are pushed into something.
I hate wars for example, but as we can see war can be very profitable for some countries, corporations, and individuals.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
April 17, 2017, 03:27:02 AM
#10
Well, I like the blockchain technology... but I have some major problems with it.

Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.


Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy

I don't really see what's wrong with that

Namely, how and why it would (should) be better if there were limited hours for trading? It looks more like you missed some price movement leaving you in the red while you were asleep (away) and now come here cursing cryptocurrencies turning the air blue. Regarding everyone trying to get advantage over the next person, this is how everything around us works. The whole evolution hinges on that (so-called "survival of the fittest"). Ultimately, though, it could be said that we are all mercilessly exploiting nature by decreasing entropy inside us by increasing it outside. I guess, you will have to reconcile yourself to that and live with it
sr. member
Activity: 868
Merit: 252
April 17, 2017, 03:25:13 AM
#9
Well, I like the blockchain technology... but I have some major problems with it.

Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.


Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy.

Everyone is just trying to one-up the next person by manipulating numbers to their advantage. Sure, that's a lot like the stock market but at the end of the day cryptocurrencies never produce anything other than more coins. Companies produce products and services.

Most every coin uses underhanded trolling tactics like hype accounts, insider bribes, and worse. There's nothing redeemable about the vast majority of this space.

I know there will be mostly defenders of the stupidity but god-damn it is truly ridiculous.

if you are looking for is hatred against the tricks and manipulations some coins in altcoin market, you should also visit the forex today, for every market is not wrong because it is liquidity and competition, although impressed perform a variety of ways to seek profits. You have to learn more about the theory of free trade before hating something. If you do not like free trade, please seek work in accordance with your wishes.
member
Activity: 70
Merit: 10
woah that's a lot of money
April 17, 2017, 03:19:20 AM
#8
Everyone has their own experience and you have all your freedom to express yourself.
But for me, I will never hate something that gives me a good opportunity to grow my money.
Exactly, yes you can grow your money with cryptocurrency.
You can also lose.


Most people in this space think only about the money and don't remotely care what is best for society. Self respect and dignity is thrown to the side in the pursuit of money from nothing.
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
April 17, 2017, 03:07:53 AM
#7
Everyone has their own experience and you have all your freedom to express yourself.
But for me, I will never hate something that gives me a good opportunity to grow my money.
member
Activity: 70
Merit: 10
woah that's a lot of money
April 17, 2017, 03:06:06 AM
#6
There is nothing new in it was actually hates her new metal.

what is the reason you hate?

I don't understand why do you hate crypto
i like it too much

You're both either

1.) Stupid.
2.) Just posting to boost post count.
3.) Deliberately saying nothing.


I've made my reasons sufficiently clear.
member
Activity: 70
Merit: 10
April 17, 2017, 03:02:18 AM
#5
I don't understand why do you hate crypto
i like it too much
full member
Activity: 252
Merit: 100
April 17, 2017, 02:33:11 AM
#4
There is nothing new in it was actually hates her new metal.

what is the reason you hate?
member
Activity: 70
Merit: 10
woah that's a lot of money
April 17, 2017, 01:32:55 AM
#3
I don't understand why do you hate crypto. It is a new tech. No problems there are new coins. In fact the nature market selection will show you what the best crypto. YOU hate or not.
Rofl, exactly the kind of statement that makes me hate this space.

What is the difference between x coin y coin and z coin? They are all mediums of value transfer. Sure, the speed or supply may be different but the only value that particularly matters is the stability of the price for both parties so they can agree on the price of whatever is being exchanged for the coin.


The "nature"(natural) market selection. How can you look at these markets and see natural markets in any respect?

The only reason there are three coins x,y,z is that it is profitable to launch a coin and have people hedge their bitcoin in it. Nearly every coin has a premine making even the most low marketcap instant free value.


Bitcoin is a fiat token that people purchase for conducting a transaction or holding in hopes of its fiat value appreciating. All other coins are subsidiaries traded in terms of bitcoin.

Thus, all altcoin trading is merely based off of speculation. Now, there isn't anything inherently wrong with value speculation. The problem is that this speculation is fundamentally based off of nothing other than word of mouth and fake news to drive value. It's effective because everyone wants money to buy freedom from society and there's plenty who will make poor choices.

At the end of the day, nobody receives any service other than the one singular service cryptocurrency offers which is a medium of transacting. Yet somehow we have a brutal environment full of different coins where early adopters, liars, and outright thieves have cornered the markets.
hero member
Activity: 812
Merit: 501
April 17, 2017, 01:19:29 AM
#2
I don't understand why do you hate crypto. It is a new tech. No problems there are new coins. In fact the nature market selection will show you what the best crypto. YOU hate or not.
member
Activity: 70
Merit: 10
woah that's a lot of money
April 17, 2017, 01:01:09 AM
#1
Well, I like the blockchain technology... but I have some major problems with it.

Instead of being regulated and utilized so it's a useful technology it's just become a giant faux-economy.


Exchanges, news, prices, altcoins. It never seems to end. Every coin is just feeding into bitcoin for profit. It wouldn't be so bad if there were limited hours for trading but of course because of how the blockchain works it is a 24/7 economy.

Everyone is just trying to one-up the next person by manipulating numbers to their advantage. Sure, that's a lot like the stock market but at the end of the day cryptocurrencies never produce anything other than more coins. Companies produce products and services.

Most every coin uses underhanded trolling tactics like hype accounts, insider bribes, and worse. There's nothing redeemable about the vast majority of this space.

I know there will be mostly defenders of the stupidity but god-damn it is truly ridiculous.
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