If you are waiting for the "despair phase" to buy like in 2011 consider this - page 7.

Kipsy89

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Relax!

Quote from: minerpumpkin on January 11, 2015, 10:48:01 AM

Quote from: ?? on ??

Quote from: minerpumpkin on January 11, 2015, 10:41:48 AM

Ah, so we're at the old tulip game again, eh? Well, it has been proven and said many times before that you simply can't compare Bitcoin to tulips - well you can, but it doesn't make a lot sense since Bitcoin's supply is limited and it has inherent value. This is getting ridiculous...

it's limited so what? everyone have to use it and it has to be another bubble? it can not dropping to $0 now?
sorry, the world doesn't care about bitcoin and the inflation of 3600(or 1800 or 900) btc / per day is way to high,
the price will never stop dropping until it ends

The supply is limited to approx. 21 million coins. You can't create more coins than that. Well you can, but they won't be valid

Tulips, however may be reproduced as often as you like, no one can limit the supply of tulips.

Ha yeah, man - A lot of people really don't get this. But when they do, they suddenly realize what this means. Over half of the coins already in circulation, a hard-cap of 21m coins. Bitcoin is inheriently deflationary, man!

600watt

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Quote from: NotHatinJustTrollin on January 10, 2015, 07:55:09 PM

^^^^^

You two didn't get the point of the thread.
Too bad.

thing is i will never get the point of what you guys are doing in a bitcoin forum? saving us from ourselves ? How generous, welcome to ignore anyway Roll Eyes

minerpumpkin

hero member

Activity: 686

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A pumpkin mines 27 hours a night

Quote from: ?? on ??

Quote from: minerpumpkin on January 11, 2015, 10:41:48 AM

Ah, so we're at the old tulip game again, eh? Well, it has been proven and said many times before that you simply can't compare Bitcoin to tulips - well you can, but it doesn't make a lot sense since Bitcoin's supply is limited and it has inherent value. This is getting ridiculous...

it's limited so what? everyone have to use it and it has to be another bubble? it can not dropping to $0 now?
sorry, the world doesn't care about bitcoin and the inflation of 3600(or 1800 or 900) btc / per day is way to high,
the price will never stop dropping until it ends

The supply is limited to approx. 21 million coins. You can't create more coins than that. Well you can, but they won't be valid

Tulips, however may be reproduced as often as you like, no one can limit the supply of tulips.

Richard Branson

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Screw It, Let's Do It

I am proud of myself.
Bought LTC @ 40 USD
Bought BTC @ 1000 USD

And still holding.
I will be rich some day.

NOT! Bulltards

minerpumpkin

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Activity: 686

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A pumpkin mines 27 hours a night

Ah, so we're at the old tulip game again, eh? Well, it has been proven and said many times before that you simply can't compare Bitcoin to tulips - well you can, but it doesn't make a lot sense since Bitcoin's supply is limited and it has inherent value. This is getting ridiculous...

DeadCoin

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★ Investor | Trader | Promoter

Quote from: NotHatinJustTrollin on January 11, 2015, 09:50:11 AM

Quote from: DeadCoin on January 11, 2015, 09:44:23 AM

Quote from: bitcon on January 11, 2015, 06:43:19 AM

why do you noobs (who always seem to have crypto all figured out already) feel the need to constantly warn us about this thing you're convinced is a pyramid scheme / scam? are they that concerned for our financial well-being that they have nothing better to do on the internet except persistently post their public service announcements that only get as imaginative as comparing bitcoins to tulips and Beanie Babies? do they also frequent the Beanie Baby forums and urge people not to buy the 2015 Tie-Die model beanie baby, because they feel it is a bad investment? why are they so hell-bent on telling us how to spend our money and rubbing our noses in it everytime crypto takes a hit?

Have you ever visited forums about religion?
There are always at least 50%+ atheists. When people think (know) they have figured it out they have the urge to warn the illusioned ones and wake them up from their crazy beliefs.
Why? Because it feels satisfying to speak and read what you believe is the truth.

With the difference that you cannot actually PROVE anything in religious debates.
Atheists or christians/muslims/buddhists etc will still believe what they feel is right to believe/not believe.

With bitcoin on the other hand, the crashing price is just in front of you, there's no mystery Cry

But they still believe. Crashing price is just "manipulation" or "shaking weak hands"

NotHatinJustTrollin

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★Bitvest.io★ Play Plinko or Invest!

Quote from: DeadCoin on January 11, 2015, 09:44:23 AM

Quote from: bitcon on January 11, 2015, 06:43:19 AM

why do you noobs (who always seem to have crypto all figured out already) feel the need to constantly warn us about this thing you're convinced is a pyramid scheme / scam? are they that concerned for our financial well-being that they have nothing better to do on the internet except persistently post their public service announcements that only get as imaginative as comparing bitcoins to tulips and Beanie Babies? do they also frequent the Beanie Baby forums and urge people not to buy the 2015 Tie-Die model beanie baby, because they feel it is a bad investment? why are they so hell-bent on telling us how to spend our money and rubbing our noses in it everytime crypto takes a hit?

Have you ever visited forums about religion?
There are always at least 50%+ atheists. When people think (know) they have figured it out they have the urge to warn the illusioned ones and wake them up from their crazy beliefs.
Why? Because it feels satisfying to speak and read what you believe is the truth.

With the difference that you cannot actually PROVE anything in religious debates.
Atheists or christians/muslims/buddhists etc will still believe what they feel is right to believe/not believe.

With bitcoin on the other hand, the crashing price is just in front of you, there's no mystery Cry

NotLambchop

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Quote from: Elwar on January 11, 2015, 07:55:53 AM

The fact that tulips comes up so much kinda makes the case a lot less powerful considering....that is one case out of hundreds of thousands of things that have had value throughout history.
...
want an example of a bubble?

hmm...tulips?

Wait a few months. Soon Bitcoin will be the poster child for bubbles.

DeadCoin

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Quote from: bitcon on January 11, 2015, 06:43:19 AM

why do you noobs (who always seem to have crypto all figured out already) feel the need to constantly warn us about this thing you're convinced is a pyramid scheme / scam? are they that concerned for our financial well-being that they have nothing better to do on the internet except persistently post their public service announcements that only get as imaginative as comparing bitcoins to tulips and Beanie Babies? do they also frequent the Beanie Baby forums and urge people not to buy the 2015 Tie-Die model beanie baby, because they feel it is a bad investment? why are they so hell-bent on telling us how to spend our money and rubbing our noses in it everytime crypto takes a hit?

Have you ever visited forums about religion?
There are always at least 50%+ atheists. When people think (know) they have figured it out they have the urge to warn the illusioned ones and wake them up from their crazy beliefs.
Why? Because it feels satisfying to speak and read what you believe is the truth.

NotHatinJustTrollin

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★Bitvest.io★ Play Plinko or Invest!

This is what is waiting for you friendly bitcoiners, look at the LTC chart:

You like it?
This is what will happen to your disruptive technology.

You're welcome.

NotHatinJustTrollin

full member

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★Bitvest.io★ Play Plinko or Invest!

Some people missed buying ~~bitcoin at $1 or $50~~ tulip bulbs at $20-$50, can you imagine?

Jump in the train gentlemen, even if you are late!

Elwar

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Viva Ut Vivas

The fact that tulips comes up so much kinda makes the case a lot less powerful considering....that is one case out of hundreds of thousands of things that have had value throughout history.

But yet, tulips...brought up...repeatedly.

Hey guys...

tulips

it happened once, it can happen again

want an example of a bubble?

hmm...tulips?

Q7

sr. member

Activity: 448

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Whatever it is I just prefer to play it safe. Nobody can accurately predict the future so the best way is to wait for firm indicators before deciding what to do next. I definitely won't follow the tulip guy but I also won't continue to sit around on the sideline. I hope when I finally make the move it will be the right decision.

poncho32

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Quote from: lay785 on January 11, 2015, 07:04:03 AM

Quote from: bitcon on January 11, 2015, 06:43:19 AM

why do you noobs (who always seem to have crypto all figured out already) feel the need to constantly warn us about this thing you're convinced is a pyramid scheme / scam? are they that concerned for our financial well-being that they have nothing better to do on the internet except persistently post their public service announcements that only get as imaginative as comparing bitcoins to tulips and Beanie Babies? do they also frequent the Beanie Baby forums and urge people not to buy the 2015 Tie-Die model beanie baby, because they feel it is a bad investment? why are they so hell-bent on telling us how to spend our money and rubbing our noses in it everytime crypto takes a hit?

because they are shorting and spreading fud

+1

Most people have an agenda here, especially anyone with apparently extreme opinions. Shorting and spreading fud sums it up nicely.

lay785

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Activity: 266

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Quote from: bitcon on January 11, 2015, 06:43:19 AM

why do you noobs (who always seem to have crypto all figured out already) feel the need to constantly warn us about this thing you're convinced is a pyramid scheme / scam? are they that concerned for our financial well-being that they have nothing better to do on the internet except persistently post their public service announcements that only get as imaginative as comparing bitcoins to tulips and Beanie Babies? do they also frequent the Beanie Baby forums and urge people not to buy the 2015 Tie-Die model beanie baby, because they feel it is a bad investment? why are they so hell-bent on telling us how to spend our money and rubbing our noses in it everytime crypto takes a hit?

because they are shorting and spreading fud

bitcon

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why do you noobs (who always seem to have crypto all figured out already) feel the need to constantly warn us about this thing you're convinced is a pyramid scheme / scam? are they that concerned for our financial well-being that they have nothing better to do on the internet except persistently post their public service announcements that only get as imaginative as comparing bitcoins to tulips and Beanie Babies? do they also frequent the Beanie Baby forums and urge people not to buy the 2015 Tie-Die model beanie baby, because they feel it is a bad investment? why are they so hell-bent on telling us how to spend our money and rubbing our noses in it everytime crypto takes a hit?

smoothie

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LEALANA Bitcoin Grim Reaper

I guess Tulips had utility or functional value in society right?

oh wait.... Cheesy

lol

zby

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So novelty! Much insight!

DeadCoin

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Quote from: bigtimespaghetti on January 10, 2015, 06:50:51 PM

They're dead now, but sure a lot of people got wiped out. Bitcoin is not tulip bulbs though. why not whack out a south sea chart to mix it up a bit?

This time is different. Roll Eyes

matt4054

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Quote from: NotHatinJustTrollin on January 10, 2015, 07:55:09 PM

^^^^^

You two didn't get the point of the thread.
Too bad.

Ah, yes, my bad. Let me guess: not hating, just trolling? Or do you seriously believe your friends from the interwebs needed education?

Topic: If you are waiting for the "despair phase" to buy like in 2011 consider this - page 7. (Read 10237 times)