this guy is a fucking idiot who has no respect for money what so ever.
lol
I like how this mor..dude..hasnt posted in this thread since June
Dumbo..
Topic: I'm All In - Sold My House! - page 43. (Read 112579 times)
lol
I like how this mor..dude..hasnt posted in this thread since June
Dumbo..
this guy is a fucking idiot who has no respect for money what so ever.
Respect for money? I'm all for respecting other people's property (including money) but his own money is his to do with as he pleases.
this guy is a fucking idiot who has no respect for money what so ever.
There's this guy named ZhaoDong in China, who sold his house in Beijing, and bought BTC, all in. Now his wealth have more than trippled. He built a mining factory and it mines over 200 BTCs a day.
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Only loose when you sell at a crap price.
Only loose when you sell at a crap price.
In that case, let me sell you some shares in my gold synthesis business. It's a great deal, 'coz you can't lose! Just never sell.
How many should I put you down for, friend?
I'm pretty sure the price per bitcoin will be higher than today's price at some point in time. And also that it will be lower at some point too.
Your gold synth business thingy I have no knowledge about so I'll pass.
should have put the irony flag out
gold synthesis...lovely
respect to sell your house for btc...I just read it now=p
My point exactly. Bitcoin has more in common with Beanie Babies than with the internet.
To make the internet analogy work, Bitcoin (the units) should be compared to IPv4 addys. Invest in one now, the supply is limited and already running out!
To make the internet analogy work, Bitcoin (the units) should be compared to IPv4 addys. Invest in one now, the supply is limited and already running out!
That does not compute. IP address is unique and must stay that way where as bitcoin is really not the base unit of this currency standard. Alot of us know its really about Satoshi and how that progresses, a bitcoin is for rich kids and most of the world is not rich and wont own a whole coin especially as price would rise with greater propagation
How many satoshi per world population, this is the true dynamic behind usage. The ease of small purchases and speed, security for even the most humble economies. Its not especially rare in that way but we can see that price will rise.
Was it good to sell a house? depends if he had any use for it really, maintenance and insurance is an argument but if its all his money it should not be in one single asset.
This will be interesting to watch over the next few years. I wonder if it is going to be another '10,000 bitcoin pizza story'?
I doubt it will be anything like that. Price would have to skyrocket.
this guy is a fucking idiot who has no respect for money what so ever.
This will be interesting to watch over the next few years. I wonder if it is going to be another '10,000 bitcoin pizza story'?
^The trusty "UR TROLL!" gambit. To be countered with the "NO U" parry.
GG, bro
GG, bro
well that one makes sense, as the internet is a disruptive immensely useful technology. like bitcoin. beanie babies are a decoration that was collectable because of a limited supply, and that is all. bitcoin has utility, beanie babies do not.
Unlike Beanie Babies and Bitcoin, no one ever tried to make money by buying internets. Money was made by internet-based businesses
My point exactly. Bitcoin has more in common with Beanie Babies than with the internet.
To make the internet analogy work, Bitcoin (the units) should be compared to IPv4 addys. Invest in one now, the supply is limited and already running out!
You are trolling particularly hard today.
Unfortunately you are wrong. People find value in btc. They will continue to find increasing value in bitcoin going forward. Your thoughts on the matter are, like your commentary on this thread, largely irrelevant.
well that one makes sense, as the internet is a disruptive immensely useful technology. like bitcoin. beanie babies are a decoration that was collectable because of a limited supply, and that is all. bitcoin has utility, beanie babies do not.
Unlike Beanie Babies and Bitcoin, no one ever tried to make money by buying internets. Money was made by internet-based businesses
My point exactly. Bitcoin has more in common with Beanie Babies than with the internet.
To make the internet analogy work, Bitcoin (the units) should be compared to IPv4 addys. Invest in one now, the supply is limited and already running out!
well that one makes sense, as the internet is a disruptive immensely useful technology. like bitcoin. beanie babies are a decoration that was collectable because of a limited supply, and that is all. bitcoin has utility, beanie babies do not.
Unlike Beanie Babies and Bitcoin, no one ever tried to make money by buying internets. Money was made by internet-based businesses
well that one makes sense, as the internet is a disruptive immensely useful technology. like bitcoin. beanie babies are a decoration that was collectable because of a limited supply, and that is all. bitcoin has utility, beanie babies do not.
Unlike Beanie Babies and Bitcoin, no one ever tried to make money by buying internets. Money was made by internet-based businesses
well that one makes sense, as the internet is a disruptive immensely useful technology. like bitcoin. beanie babies are a decoration that was collectable because of a limited supply, and that is all. bitcoin has utility, beanie babies do not.
^
OTOH, "Bitcoin<=>internet" bit never gets old
OTOH, "Bitcoin<=>internet" bit never gets old
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Internet enthusiasts probably heard the same. Now almost everyone in the West uses web browsers and is connected to the web by a smartphone.
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Internet enthusiasts probably heard the same. Now almost everyone in the West uses web browsers and is connected to the web by a smartphone.
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Yeah, so did Beanie Baby enthusiasts. Now almost everyone in the West laughs at them.
Scraping the barrel a bit today pork chop.
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Internet enthusiasts probably heard the same. Now almost everyone in the West uses web browsers and is connected to the web by a smartphone.
...
Internet enthusiasts probably heard the same. Now almost everyone in the West uses web browsers and is connected to the web by a smartphone.
...
Yeah, so did Beanie Baby enthusiasts. Now almost everyone in the West laughs at them.
I would be cautious about buying any extreme amounts of Bitcoin until I see signs of exponential userbase expansion. On the contrary it looks more like the number of new users is slowing down and then there's fatigue of older users (who cease using Bitcoin).
This technology is exciting but Bitcoin at 500K-2M users hasn't shown any signs that it will be the Yahoo or Alta Vista of digital currencies. There were more people using the internet in the late 1980s and more people using Yahoo in 1996.
This technology is exciting but Bitcoin at 500K-2M users hasn't shown any signs that it will be the Yahoo or Alta Vista of digital currencies. There were more people using the internet in the late 1980s and more people using Yahoo in 1996.
Internet enthusiasts probably heard the same. Now almost everyone in the West uses web browsers and is connected to the web by a smartphone.
Someone tell the VC's to get their 500 billion out quick! Bitcoin is only used by 500k to 2 million users!
Wallet numbers, transactions and in fact every metric pretty much apart from the recent price is continuing along a very healthy growth trajectory. See how the coinbase AMA for some explanation of userbase growth and their prediction for future btc prices next year.
I do agree that buying extreme amounts of btc is a high risk gamble. Twas ever thus.
I would be cautious about buying any extreme amounts of Bitcoin until I see signs of exponential userbase expansion. On the contrary it looks more like the number of new users is slowing down and then there's fatigue of older users (who cease using Bitcoin).
This technology is exciting but Bitcoin at 500K-2M users hasn't shown any signs that it will be the Yahoo or Alta Vista of digital currencies. There were more people using the internet in the late 1980s and more people using Yahoo in 1996.
This technology is exciting but Bitcoin at 500K-2M users hasn't shown any signs that it will be the Yahoo or Alta Vista of digital currencies. There were more people using the internet in the late 1980s and more people using Yahoo in 1996.
I would say it depends on a person's risk temperament. Some people have the stomach to put a lot of money in bitcoin and not be perturbed when the price goes down in the short term.
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