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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23837. (Read 26720873 times)

legendary
Activity: 2268
Merit: 1141
sr. member
Activity: 378
Merit: 254

If we're going to venture into logics, what you got there is an ill-formed statement.  Children are not an (intentional) substitute for contraception, but a result of its absence.
If usefulness of toilet paper is not self-evident to you, I'm afraid our differences are too great to be settled by an interwebs debate.


Alright then, replace children with cigarettes - pretty sure they're used much more frequently than contraception in many parts of the world - doesn't make it more useful at all.

And saying that toilet paper's usefulness is self-evident is equal to saying "My dick is bigger than yours because I say so and it's so obvious I don't have to prove anything to you".
Wonder if that's ever worked to convince your opponent in a dispute.  Cool Surely they just take your word for it and don't laugh at all.

Btw, talk about toilet paper to someone in India and you'll see it may not be equally useful to everyone afterall.

The usefulness of cigarettes and contraception could be compared at some level.  Cigarettes are more useful to me right now, because I'm not in Africa & not planning to fuck there.  If you wanted me to invest in African contraception, I'd pass.  Because I'm not planning to fuck in Africa, hence the product is useless to me.
I'm also not buying shit drugs on lameass neckbeard scamsites, so I find Bitcoin equally useless.
I hope this clears things up.
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
Well, since day one 1234562345546536546754345% price increase, so you're wrong about that.
?

In a few weeks perma-bulls be like:



"haha bear trolls BTC price is still at $50! more than X500 since its inception!!! already going for $65 prepare for moonshot  Cool"



There is a very small chance we go below 180 this month.
And by that, I don't mean I encourage the price to drop that much Smiley
hero member
Activity: 742
Merit: 500
Well, since day one 1234562345546536546754345% price increase, so you're wrong about that.
?

In a few weeks perma-bulls be like:



"haha bear trolls BTC price is still at $50! more than X500 since its inception!!! already going for $65 prepare for moonshot  Cool"

legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.

/dweeb mode

Code:
dweeb |dwēb| noun N. Amer. informal
a boring, studious, or socially inept person.
LOL!
member
Activity: 61
Merit: 10

If we're going to venture into logics, what you got there is an ill-formed statement.  Children are not an (intentional) substitute for contraception, but a result of its absence.
If usefulness of toilet paper is not self-evident to you, I'm afraid our differences are too great to be settled by an interwebs debate.


Alright then, replace children with cigarettes - pretty sure they're used much more frequently than contraception in many parts of the world - doesn't make it more useful at all.

And saying that toilet paper's usefulness is self-evident is equal to saying "My dick is bigger than yours because I say so and it's so obvious I don't have to prove anything to you".
Wonder if that's ever worked to convince your opponent in a dispute.  Cool Surely they just take your word for it and don't laugh at all.

Btw, talk about toilet paper to someone in India and you'll see it may not be equally useful to everyone afterall.
sr. member
Activity: 378
Merit: 254
What is it exactly, that drives the price down?
Fear, and supply

Quote
What about everyone who said more adoption will lead to a price increase. I guess that's not the way it is.

Well, since day one 1234562345546536546754345% price increase, so you're wrong about that.

No.  There's implicit causation in "[greater] adoption will lead to a price increase."  Over the past year, adoption has [arguably] increased, price has tanked, so no causal relationship Sad
/dweeb mode
sr. member
Activity: 476
Merit: 250
What is it exactly, that drives the price down?

What about everyone who said more adoption will lead to a price increase. I guess that's not the way it is.

I like to think this quote is relevant: "the market can stay irrational longer than you can stay solvent"

Yeah, market's been irrational for about 2 years.
hero member
Activity: 742
Merit: 500
When an impatient bagholding BTC BearWhale dumps on a perma-bull from r/bitcoin who wanted to get rich quick:


legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
What is it exactly, that drives the price down?

What about everyone who said more adoption will lead to a price increase. I guess that's not the way it is.

legendary
Activity: 2338
Merit: 1035
What is it exactly, that drives the price down?

What about everyone who said more adoption will lead to a price increase. I guess that's not the way it is.

I like to think this quote is relevant: "the market can stay irrational longer than you can stay solvent"
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
What is it exactly, that drives the price down?
Fear, and supply

Quote
What about everyone who said more adoption will lead to a price increase. I guess that's not the way it is.

Well, since day one 1234562345546536546754345% price increase, so you're wrong about that.
sr. member
Activity: 476
Merit: 250
Hundreds of thousands of people use bitcoin. Hundreds of millions of people use toilet paper. Which do you think is more useful again?

I'm afraid you've got a logical error here.
The fact that toilet paper is used by more people does not imply that it is more useful.
It's like saying that e.g. in Africa contraception is less useful than having multiple children dying of hunger just because the latter is used much more often. ( ͡º ͜ʖ͡º)

That analogy is godawful. Nobody "uses" multiple children dying of hunger. I was just pointing out that if your primary defense for bitcoins usefulness is how many people use it (like his was), well, many more people use toilet paper than bitcoin.
hero member
Activity: 672
Merit: 500
What is it exactly, that drives the price down?

What about everyone who said more adoption will lead to a price increase. I guess that's not the way it is.

There isn't more adoption. Less and less people use Bitcoin.
full member
Activity: 123
Merit: 100
What is it exactly, that drives the price down?

What about everyone who said more adoption will lead to a price increase. I guess that's not the way it is.
sr. member
Activity: 378
Merit: 254
Hundreds of thousands of people use bitcoin. Hundreds of millions of people use toilet paper. Which do you think is more useful again?

I'm afraid you've got a logical error here.
The fact that toilet paper is used by more people does not imply that it is more useful.
It's like saying that e.g. in Africa contraception is less useful than having multiple children dying of hunger just because the latter is used much more often. ( ͡º ͜ʖ͡º)

If we're going to venture into logics, what you got there is an ill-formed statement.  Children are not an (intentional) substitute for contraception, but a result of its absence.
If usefulness of toilet paper is not self-evident to you, I'm afraid our differences are too great to be settled by an interwebs debate.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
donator
Activity: 2772
Merit: 1019
If we see double digit Bitcoin in 2015 then I am quite sure that an Altcoin could have the throne up for grabs.
I though mass adoption and infrastructure would solidify btc's place. But I'm less certain now. Enough investment in an Altcoin wouldn't be unthinkable. Plus it seems like just clown-money in Bitcoin atm anyway - ie just buyers looking to trade and not use for anything productive. Silk Road was the best thing that happened to BTC. Those days everyone knew someone that was actually using Bitcoin to buy drugs with (where I live anyway). After the shutdown all those guys sold and most can't be bothered using the other dark markets after the shut down and buy their shit back on the streets.

Black Markets are flourish as ever. Your information is wrong.

Conceited kunts like you are half the reason people can't be fucked with this tech.


Let me rephrase. Silk Road was the only time I've seen so far that average people who would otherwise not care about BTC were forced to use it (adopt it) because they wanted their online drugs. Henceforth when they had to work a little bit harder or were too scared after the shut down they left the scene.

Not saying it was the right direction for BTC but it demonstrated for me how it needs to be adopted to succeed. And it will not be successful based on the sound-money arguments without a systemic financial collapse of the currency system (still possible).
Until then pay-wave credit cards have BTC beat.

I was with you until the very last sentence.

You're arguing sound-money property would be a win for BTC if fiat system fails and with you next breath you state the BTC would be beaten in payment space. I don't think BTC will go down by not being a good payment system. It's already a bad payment system.
member
Activity: 61
Merit: 10
Hundreds of thousands of people use bitcoin. Hundreds of millions of people use toilet paper. Which do you think is more useful again?

I'm afraid you've got a logical error here.
The fact that toilet paper is used by more people does not imply that it is more useful.
It's like saying that e.g. in Africa contraception is less useful than having multiple children dying of hunger just because the latter is used much more often. ( ͡º ͜ʖ͡º)
legendary
Activity: 2338
Merit: 1035
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