Nothing to see here... | Bitcointalksearch.org

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: exocytosis on August 15, 2014, 03:52:02 PM

The lack of secure, simple, user-friendly storage solutions for the average person is one of the reasons why Bitcoin will never come close to mainstream adoption. Hence, one of the reasons why we'll never see another rally bringing us to the lofty heights predicted by the permabulls. We'll never get back to four digits. It's three and two digits for the next year or so. Then one digit.

This has to be one of the most retarded perspectives out there.

Of all the years that Bitcoin has existed, 2014 has probably seen the most acceleration ever in adoption, infrastructure development, promotion and trading.

This time last year there was no Overstock, no Dell, no Expedia, no Dish.....et al. There weren't half the mobile wallets that now exist nor exchanges nor media articles - not to mention 7 times the market cap.

Add to that the fact that it had everything but the kitchen sink thrown at it earlier this year in terms of FUD torpedoes from the MSM, + Gox etc, and the fact that Wall Street is on the horizon with ETF's, it's difficult to see how any conclusion can be reached other than this is eMail 1993. You don't think people are buying ? They're buying all right - in droves - otherwise you'd have seen a bursting balloon months ago, right down to zero from all the fiat gateway conversions by Bitpay and Coinbase.

P.S. Here's another one... http://www.pcworld.com/article/2465743/ebay-may-begin-accepting-bitcoin-payments-via-its-braintree-platform.html

http://online.wsj.com/news/article_email/ebay-payment-unit-in-talks-to-accept-bitcoin-1408052917-lMyQjAxMTA0MDEwNDExNDQyWj

fallinglantern

sr. member

Activity: 260

Merit: 251

Quote from: Newbie1022 on August 15, 2014, 07:50:24 PM

Yea, rpietila is a scummer if there ever was one. He pretends to be a TA guy, but then talks about $10,000 BTC which is predicated on neither math nor logical thought and circumvents so many TA trigger points in the process.

I believe the word you meant to use is "scammer". $10,000 BTC (and up) is predicated on the expected exponential adoption of Bitcoin combined with an ultimately fixed and predictable supply. TA is not required to make this logical conclusion.

Carry on with your trolling.

BCEmporium

legendary

Activity: 1218

Merit: 1000

Regardless of you come out saying BTC will worth 0 or will worth 10K makes you of the same kind, just on opposite sides. I'm not being intellectually dishonest because I'd never made such claim for you to keep going around such insane rate as your counterpart, and that post you are quoting isn't even from this thread.

The truth is, regardless the rate, Bitcoin isn't anywhere broken. Everything is up and running. Go down to 100? Not much of a worry! Eventually will go up. When? 1 year? 1 month? Who knows! Bitcoin is still exceeding high the expectations about it we had by 2010. I still remember people around discussing if it ever will met dollar parity.
You seam to look at BTC as some get rich fast scam where if within 15 days you're not making a 50% profit it means you got scammed.

Just calm down and enjoy the ride!

kireinaha

sr. member

Activity: 350

Merit: 253

Quote from: Newbie1022 on August 15, 2014, 07:50:24 PM

Yea, rpietila is a scummer if there ever was one. He pretends to be a TA guy, but then talks about $10,000 BTC which is predicated on neither math nor logical thought and circumvents so many TA trigger points in the process. Then, rather than an appeal to logic, he uses an appeal to authority -- "I am writing this from a castle that I bought with the money earned by trading Bitcoin based on the very premise I have explained to you here."

Does that sound familiar? That is the sales pitch from the real estate flipping class advertisements where the camera pans from the guy's mansion to him sipping pina coladas while he tells you about his brilliant new investment plan that will save your life. It's almost as though the jack--- popped right out of the Wolf of Wall Street movie (which was based on real life sociopaths doing the same thing)

The fact that people listen to him is completely unbelievable and really worrisome for the longevity of BTC. BTC is great, strong, and doesn't necessarily depend on a short-term price... but scammers like rpietila screw up the brand.

+1

Newbie1022

full member

Activity: 238

Merit: 100

Quote from: kireinaha on August 15, 2014, 07:44:55 PM

Quote from: BCEmporium on August 15, 2014, 06:51:14 PM

Nobody is talking about 10k a coin, and honestly by your doomsday prophecy behaviour I would bet one of those 10k wackos is you under another nick during an uptrend.

Now you're just being intellectually dishonest. Right on the front page this morning:

Quote from: rpietila

The trendline shows how much behind we are currently. The price shows the daily birth rate. I am writing this from a castle that I bought with money earned by trading Bitcoin based on the very premise I have explained to you here.

I believe that the next one might carry us north of $10,000. The longer time we spend here, the more explosive it gets

Yea, rpietila is a scummer if there ever was one. He pretends to be a TA guy, but then talks about $10,000 BTC which is predicated on neither math nor logical thought and circumvents so many TA trigger points in the process. Then, rather than an appeal to logic, he uses an appeal to authority -- "I am writing this from a castle that I bought with the money earned by trading Bitcoin based on the very premise I have explained to you here."

Does that sound familiar? That is the sales pitch from the real estate flipping class advertisements where the camera pans from the guy's mansion to him sipping pina coladas while he tells you about his brilliant new investment plan that will save your life. It's almost as though the jack--- popped right out of the Wolf of Wall Street movie (which was based on real life sociopaths doing the same thing)

The fact that people listen to him is completely unbelievable and really worrisome for the longevity of BTC. BTC is great, strong, and doesn't necessarily depend on a short-term price... but scammers like rpietila screw up the brand.

kireinaha

sr. member

Activity: 350

Merit: 253

Quote from: BCEmporium on August 15, 2014, 06:51:14 PM

Nobody is talking about 10k a coin, and honestly by your doomsday prophecy behaviour I would bet one of those 10k wackos is you under another nick during an uptrend.

Now you're just being intellectually dishonest. Right on the front page this morning:

Quote from: rpietila

The trendline shows how much behind we are currently. The price shows the daily birth rate. I am writing this from a castle that I bought with money earned by trading Bitcoin based on the very premise I have explained to you here.

I believe that the next one might carry us north of $10,000. The longer time we spend here, the more explosive it gets

BCEmporium

legendary

Activity: 1218

Merit: 1000

Nobody is talking about 10k a coin, and honestly by your doomsday prophecy behaviour I would bet one of those 10k wackos is you under another nick during an uptrend.

kireinaha

sr. member

Activity: 350

Merit: 253

Quote from: BCEmporium on August 15, 2014, 06:00:01 PM

What I'm start to see is a correlation between the drops and number of trolls around. Roll Eyes

Do you guys realize that all you look is like one of those wackos with a billboard saying "The end is near", don't you?
But why should we care about you? Eventually BTC will trend up and you all will just get back to the shadows, to return at the next drop... if not with trolling nicks like fallllllllllling or so.

Well, if hellfire and brimstone was falling from the sky, I might start to take their advice a bit more seriously!

Should you not heed sensible advice about bitcoin when it has been falling in value all year?

On the contrary, the bitcoiner evangelists here sound much like fellows like Harold Camping and his bullshit prophecies... "Salvation coming soon for the true believers. Buy in now while you still have time to join us in the heavenly kingdom of $10,000 per coin!"

...

nothing happens.

"This time I'm super cereal! Buy in now before it's too late!"

ssmc2

legendary

Activity: 2002

Merit: 1040

Quote from: kireinaha on August 15, 2014, 05:38:26 PM

Quote from: exocytosis on August 15, 2014, 05:30:02 PM

Quote from: ssmc2 on August 15, 2014, 05:05:57 PM

Quote from: exocytosis on August 15, 2014, 04:53:40 PM

Big Money ain't stupid enough to enter this ponzi scheme.

So which bank/cc company are you a paid shill for? Lol

I'm just an ordinary guy telling people to leave the sinking Bitcoin ship before all their money is lost.

Don't offend their delicate sensibilities. If you're not with them, then you're clearly a "paid shill" who's out to get them. Just plug your fingers in your ears and repeat after them, "We're going to $10,000. We're going to $10,000. The fundamentals have not changed. We're going to $10,000."

And then everything will be OK

Yep, I'm clearly offended lol Roll Eyes

I just call 'em like I see 'em chief.

BCEmporium

legendary

Activity: 1218

Merit: 1000

What I'm start to see is a correlation between the drops and number of trolls around. Roll Eyes

Do you guys realize that all you look is like one of those wackos with a billboard saying "The end is near", don't you?
But why should we care about you? Eventually BTC will trend up and you all will just get back to the shadows, to return at the next drop... if not with trolling nicks like fallllllllllling or so.

exocytosis

sr. member

Activity: 476

Merit: 250

Quote from: kireinaha on August 15, 2014, 05:38:26 PM

Don't offend their delicate sensibilities. If you're not with them, then you're clearly a "paid shill" who's out to get them. Just plug your fingers in your ears and repeat after them, "We're going to $10,000. We're going to $10,000. The fundamentals have not changed. We're going to $10,000."

I know.
My favorite quote from the permabulls is probably this one:

Quote

This crash to $ 0.01 is healthy! It shows how strong Bitcoin is! It's needed to shake out all the weak hands! Now the next bull market can finally start!

Ibian

legendary

Activity: 2268

Merit: 1278

See the thing is, most of us long term bulls are basing our choice on logic, numbers, likely outcomes. Not emotion. Mocking us won't work to anywhere near the degree it would anywhere else. Just makes you look childish.

kireinaha

sr. member

Activity: 350

Merit: 253

Quote from: exocytosis on August 15, 2014, 05:30:02 PM

Quote from: ssmc2 on August 15, 2014, 05:05:57 PM

Quote from: exocytosis on August 15, 2014, 04:53:40 PM

Big Money ain't stupid enough to enter this ponzi scheme.

So which bank/cc company are you a paid shill for? Lol

I'm just an ordinary guy telling people to leave the sinking Bitcoin ship before all their money is lost.

Don't offend their delicate sensibilities. If you're not with them, then you're clearly a "paid shill" who's out to get them. Just plug your fingers in your ears and repeat after them, "We're going to $10,000. We're going to $10,000. The fundamentals have not changed. We're going to $10,000."

And then everything will be OK

Ibian

legendary

Activity: 2268

Merit: 1278

Quote from: exocytosis on August 15, 2014, 05:30:02 PM

Quote from: ssmc2 on August 15, 2014, 05:05:57 PM

Quote from: exocytosis on August 15, 2014, 04:53:40 PM

Big Money ain't stupid enough to enter this ponzi scheme.

So which bank/cc company are you a paid shill for? Lol

I'm just an ordinary guy telling people to leave the sinking Bitcoin ship before all their money is lost.

Ordinary. So, stupid. You shouldn't be here.

exocytosis

sr. member

Activity: 476

Merit: 250

Quote from: ssmc2 on August 15, 2014, 05:05:57 PM

Quote from: exocytosis on August 15, 2014, 04:53:40 PM

Big Money ain't stupid enough to enter this ponzi scheme.

So which bank/cc company are you a paid shill for? Lol

I'm just an ordinary guy telling people to leave the sinking Bitcoin ship before all their money is lost.

BCEmporium

legendary

Activity: 1218

Merit: 1000

Quote from: giveBTCpls on August 15, 2014, 05:23:44 PM

Is it impossible to trace the movements of the IPO invested BTCs in ethereum to deduce if the price drop has anything to do? wasn't the address public for donations and IPO? you could see if they got sent to an exchang address or something, but of course these are generated randomly so we cant know ...

A couple of months ago I was just moving my coins to another wallet - for security only - and saw some drop in the price. It could be related, every time somebody sees like 5 or 10K moving around thinks it will end at an exchange to be dumped.

giveBTCpls

sr. member

Activity: 322

Merit: 250

Is it impossible to trace the movements of the IPO invested BTCs in ethereum to deduce if the price drop has anything to do? wasn't the address public for donations and IPO? you could see if they got sent to an exchang address or something, but of course these are generated randomly so we cant know ...

ssmc2

legendary

Activity: 2002

Merit: 1040

Quote from: exocytosis on August 15, 2014, 04:53:40 PM

Big Money ain't stupid enough to enter this ponzi scheme.

So which bank/cc company are you a paid shill for? Lol

kireinaha

sr. member

Activity: 350

Merit: 253

Quote from: Ibian on August 15, 2014, 04:49:25 PM

You are never getting your goxbux back kireinaha.

As for "the mainstream", they are not who will fuel the next bubble. First ones were fueled by ultranerds, then super nerds, then regular nerds. Now it's Big Money, the kind that frontruns Joe Average. Next one will be fueled by the slacker type of big money, and finally worldwide Joe adoption will top things off.

Somehow I completely bypassed MtGox and used other exchanges instead. Even back in spring 2013 when I got involved, people were saying horrible things about them, so I wisely steered clear.

You've got some pretty optimistic expectations... however, I see that big money has already gotten involved by investing VC money into the exchanges and third party payment processors... but not so much in the currency itself. There is guaranteed cash flows from investing in infrastructure, but bitcoin itself is far too speculative and a gamble for them to invest heavily, which is why it's not happening now and most likely will continue to not happen for the foreseeable future.

exocytosis

sr. member

Activity: 476

Merit: 250

Big Money ain't stupid enough to enter this ponzi scheme.

Topic: Nothing to see here... (Read 2601 times)