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Topic: If you're hoping for economic disaster to raise price, then you're not a "bull" - page 2. (Read 2130 times)

legendary
Activity: 1260
Merit: 1000
Yeah, sure. With 1 MB blocks ? Bitcoin is not ready for prime time (yet).

For scalability, it doesn't matter if the collapse happened tomorrow, there's such a thing called off-chain transactions.  Bitcoin would just be integrated with things like the debit card system with the quickness, then a year or two down the road, things like the Lightning Network, Bitcoin-NG, etc, would solve the rest of those problems where off-chain transactions aren't needed.
hero member
Activity: 560
Merit: 500
The original post is a false premise.  You can't get rid of the Zionist, slave plantation status quo without collapsing the status quo.  Does anyone like the status quo?  No, not really.



+1 Trillion
legendary
Activity: 1473
Merit: 1086
3. The price would be much higher if bitcoin went mainstream in a thriving economy with government approval, rather than a negative environment with no spending and only storage. Things would be growing,  and money would circulate hundreds of times faster.

Yeah, sure. With 1 MB blocks ? Bitcoin is not ready for prime time (yet).
full member
Activity: 181
Merit: 100
1. Depending on how it plays out,  it's not guaranteed that the price will rise. It might collapse instead.

I am fairly certain it is going to rise in the currency collapse scenario.

Restricting it to this one use case of capital flight is pretty narrow minded and an insult to bitcoin. A real bull would want bitcoin to succeed in its own merits.

Yeah, yeah. I do want it to succeed on its own merits, and I also want my dollar collapse.

3. The price would be much higher if bitcoin went mainstream in a thriving economy with government approval, rather than a negative environment with no spending and only storage. Things would be growing,  and money would circulate hundreds of times faster.

I see government collapse as an extremely positive scenario for the economy, longer term. This is based on my experience surviving the collapse of the USSR.
Economies don't thrive with government approval, they thrive despite of the government.

4. In the case of hyperinflation, the prices of goods is rising in tandem with the bitcoin rise and your actual wealth in terms of what goods you can buy isn't rising as much,  if there is even a supply at all.  Meanwhile your neighbors are suffering and starving.  Heck,  you might just starve too.

This would be very unfortunate, yes. However, it is also inevitable, and the sooner it happens, the less suffering it is going to inflict on the people.

5. You want to live in a negative and harsh world,  where everyone is unhappy and there isn't even anything fun to spend your coins on... If you can even find places to spend them because they're probably illegal. Nobodies quality of life is going up,  not even yours.  For any advantage due to your bitcoin wealth,  there is an equal and opposite disadvantage.

Nope, I have no intention of staying in a collapsing country. I'll find a place where it's going to be relatively calm.

6. If people get wind of your wealth,  they will hate you and your life is in danger.  

True, so I won't be showing off too much, and would find a hobby which benefits my local community.

7. You literally want billions of people to suffer just so you can make a profit.  You're just like the capitalist pigs and the government and are against all the values that bitcoin stands for.  You are despicable.

"Capitalist pig" is a compliment. It means I am non-violent, and one with nature.
No, I do not want any people to suffer, but that is irrelevant. The people are going to suffer regardless, and the sooner this government Ponzi collapses, the sooner they switch to Bitcoin, the less they are going to suffer.
hero member
Activity: 728
Merit: 500
I think most people who follow this just get a thrill out of this sort of thing because their life isn't exciting enough and they've seen too many movies, or they have personal issues in which they feel hopeless of ever having a good career.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
TERA, I'm not sure if you are aware of Christan fundamentalism in the United States and it's role in conservative and libertarian ideology.

There is a huge sub-culture which is essentially a doomsday cult inspired by the biblical Armageddon. The point here is that some large fraction of that cult doesn't take the text literally, instead they look for alternative "modern day" equivalents. This is especially the case with Libertarians who might not even admit to or be consciously aware of their religiously and culturally influenced bias.
You are probably aware of Zero "Batshit Insane" Hedge who has been doing what TV-Evangelists do only for financial collapse which will surely happen next Tuesday.
hero member
Activity: 728
Merit: 500
Youre attaching another premise before my premise , that I believe there is a "zionist slave plantation" and that I'm in a mission to get rid of it.  Then you also make the assumption that in order for there to be an improvement,  there MUST be a collapse.
legendary
Activity: 1260
Merit: 1000
The original post is a false premise.  You can't get rid of the Zionist, slave plantation status quo without collapsing the status quo.  Does anyone like the status quo?  No, not really.

hero member
Activity: 601
Merit: 503
If you think rational, you have to expect a collapse. The system can't recover anymore.

Hoping or wanting doesn't matter.

The sooner it happens, the less it will harm people. (Like in greece, it would have been better to crash 2015 instead of around 2020-2030)
legendary
Activity: 2268
Merit: 1278
If you're hoping for economic disaster, you're probably an asshole. Smiley
Or very K-selected.

The current system doesn't work. It is going to collapse, likely starting to come to a head around 2020. The longer it takes the worse it will be, so the sooner it happens the better. Hopes and wants have nothing to do with it, it is simply cause and effect.

*so the sooner it happens the better* you watch stephen molynox?
If he said it then he may be almost as smart as me.
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
I do like chaos (duh) but hoping for a collapse in order to enrich myself would put me in the same category as war-mongers/profiteers so no thanks.

I do not hope for a collapse but think it is inevitable and thus try to protect myself by holding gold, silver and bitcoin.

The best protection are useful skills and a network of people you can trust.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
1. Depending on how it plays out,  it's not guaranteed that the price will rise. It might collapse instead.

Is that right?  Shocked

2. Bitcoin is a high tech payment network with hundreds of use cases.  Restricting it to this one use case of capital flight is pretty narrow minded and an insult to bitcoin. A real bull would want bitcoin to succeed in its own merits.

A high tech payment network capable of supporting a giant 4 transaction seconds. Please.

Who made you the high magistrate of the holy court of real bulls? Who the hell am I answering to here but if not for a Speculation forum failed chartist?

Bitcoin is the plan B. Capital flight is not narrow minded it is the cause of its existence. Satoshi created it to save us from debased currencies. Now the rate and means by which you choose to escape is only determined by the individual users. Some call it speculation, some call it store of value, alternative currency. All of this is the creation of an economy that works, a matter of fact, outside of the current financial system.

This sort of reflexion stems from the persistent egocentrism found amount "high tech payment network" derps.


3. The price would be much higher if bitcoin went mainstream in a thriving economy with government approval, rather than a negative environment with no spending and only storage. Things would be growing,  and money would circulate hundreds of times faster.

Mainstream products with government approval is exactly what Bitcoin stands to deprecate. "No spending and only storage" is often referred to as savings which is the financial responsible things to do in a deflationary economy. A fantastic remedy to the consumerism disease.

What you're effectively trying to do is stick inflationary fiat bullshit on top of Bitcoin. It won't work.

full member
Activity: 210
Merit: 100
If you're hoping for economic disaster, you're probably an asshole. Smiley
Or very K-selected.

The current system doesn't work. It is going to collapse, likely starting to come to a head around 2020. The longer it takes the worse it will be, so the sooner it happens the better. Hopes and wants have nothing to do with it, it is simply cause and effect.

*so the sooner it happens the better* you watch stephen molynox?
sr. member
Activity: 392
Merit: 250
legendary
Activity: 2268
Merit: 1278
If you're hoping for economic disaster, you're probably an asshole. Smiley
Or very K-selected.

The current system doesn't work. It is going to collapse, likely starting to come to a head around 2020. The longer it takes the worse it will be, so the sooner it happens the better. Hopes and wants have nothing to do with it, it is simply cause and effect.
legendary
Activity: 1260
Merit: 1116
If you're hoping for economic disaster, you're probably an asshole. Smiley
legendary
Activity: 2268
Merit: 1278
You people talk like you have any kind of power to alter the global economy. How do you get that fucking delusional.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
I agree with pretty much everything you wrote, and this is the same stuff that the precious metals crowd endures.  Guys like Schiff and the rest have been predicting economic armageddon for years and are still arguing for $500 silver and $10,000 gold.  It never ends. 

I'd like some price appreciation but not at the expense of everyone else.
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
1. Depending on how it plays out,  it's not guaranteed that the price will rise. It might collapse instead.

2. Bitcoin is a high tech payment network with hundreds of use cases.  Restricting it to this one use case of capital flight is pretty narrow minded and an insult to bitcoin. A real bull would want bitcoin to succeed in its own merits.

3. The price would be much higher if bitcoin went mainstream in a thriving economy with government approval, rather than a negative environment with no spending and only storage. Things would be growing,  and money would circulate hundreds of times faster.

4. In the case of hyperinflation, the prices of goods is rising in tandem with the bitcoin rise and your actual wealth in terms of what goods you can buy isn't rising as much,  if there is even a supply at all.  Meanwhile your neighbors are suffering and starving.  Heck,  you might just starve too.

5. You want to live in a negative and harsh world,  where everyone is unhappy and there isn't even anything fun to spend your coins on... If you can even find places to spend them because they're probably illegal. Nobodies quality of life is going up,  not even yours.  For any advantage due to your bitcoin wealth,  there is an equal and opposite disadvantage.

6. If people get wind of your wealth,  they will hate you and your life is in danger. 

7. You literally want billions of people to suffer just so you can make a profit.  You're just like the capitalist pigs and the government and are against all the values that bitcoin stands for.  You are despicable.

Go hope for something more productive because you might just get what you wish for.

+1 Great post!

I'll add that in a world of economic collapse, there may not even be an internet or a power grid. Bitcoins will be the least of your worries and worthless.
legendary
Activity: 2268
Merit: 1278
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