Topic: proudhon - page 2. (Read 9112 times)
proudhon, aren't you still holding some BTC in your offline wallets?
tipped, maybe if we all chip in we'll return proudhon to the bull parade
http://blockchain.info/tx/bd3098f411e2e7aded27af6c1829404c88e2f7823724adf98fb8f301e770ac69talk about feeding the troll!
geez, what am i after taking the brunt of his trolling? chopped liver?
proudhon must be smarter than we're all giving him credit for!
He is just trolling in this forum. He is bull in his heart and already has his coins in paper wallet stashed somewhere. (I cannot find the post where he mentions that.)
Nah. The bubble popping was traumatizing for him. Now he just wanders around senselessly crying wolf.
Thanks that's funny and that's probably true as well.
1J2vNsLTeKgbg6xz1B5gp6VHSvkEWKibT8
tipped, maybe if we all chip in we'll return proudhon to the bull parade
http://blockchain.info/tx/bd3098f411e2e7aded27af6c1829404c88e2f7823724adf98fb8f301e770ac69tipped, maybe if we all chip in we'll return proudhon to the bull parade
http://blockchain.info/tx/bd3098f411e2e7aded27af6c1829404c88e2f7823724adf98fb8f301e770ac69talk about feeding the troll!
geez, what am i after taking the brunt of his trolling back in Fall 2011? chopped liver?
proudhon must be smarter than we're all giving him credit for!
Nah. The bubble popping was traumatizing for him. Now he just wanders around senselessly crying wolf.
Thanks that's funny and that's probably true as well.
1J2vNsLTeKgbg6xz1B5gp6VHSvkEWKibT8
tipped, maybe if we all chip in we'll return proudhon to the bull parade
http://blockchain.info/tx/bd3098f411e2e7aded27af6c1829404c88e2f7823724adf98fb8f301e770ac69 Wow this is actually a really sad story. Here's a guy who wanted to be in bitcoin, but foolishly sold out in the single digits, and has been doing desperate mental gymnastics ever since to keep hope alive that he'll be able to get back what he threw away. My heart goes out to him.
1J2vNsLTeKgbg6xz1B5gp6VHSvkEWKibT8
This is what is really interesting, it's almost like after June 2011 his account got hacked.
Nah. The bubble popping was traumatizing for him. Now he just wanders around senselessly crying wolf.
I would not go trolling and mocking other people after getting traumatized.
i'm quite sure he was referring to me. alot of idiots were calling me a "bagholder" in Nov 2011:
Admitting you are right a few months ago has served me well. Thankfully there have been enough bag holders resisting the obvious.
Admitting you are right a few months ago has served me well. Thankfully there have been enough bag holders resisting the obvious.
The case for bitcoin is pretty compelling, and the more people who know about it and appreciate its value, the higher the price will go. That's something that's really hard to predict, and it mitigates my concerns that this is a bubble.
Sure, but I think it's inevitable that media exposure will get much wider than it is now, and when you have millions of people interested in bitcoin, then even if half of the entire bitcoin supply were on the market, I think the price would still go up considerably. I think it's likely that we'll reach that point.
This is kind of what I'm beginning to think is going on. We've all just underestimated the exposure and the interest people have in bitcoin. Interest may be increasing more than the community thought a few weeks ago, and, as a result, the population of buyers has increased sufficiently relative to the supply. In which case, this isn't a speculative bubble.
Well, on the bright side, now it's official, bitcoin is a currency. Next up, Amazon.
Based on an average 12% increase in the exchange rate every difficulty (which, BTW, I actually think is overly optimistic by quite a lot) we'll reach $10 sometime in August and $100 sometime in March 2012.
This is what is really interesting, it's almost like after June 2011 his account got hacked.
The case for bitcoin is pretty compelling, and the more people who know about it and appreciate its value, the higher the price will go. That's something that's really hard to predict, and it mitigates my concerns that this is a bubble.
Sure, but I think it's inevitable that media exposure will get much wider than it is now, and when you have millions of people interested in bitcoin, then even if half of the entire bitcoin supply were on the market, I think the price would still go up considerably. I think it's likely that we'll reach that point.
This is kind of what I'm beginning to think is going on. We've all just underestimated the exposure and the interest people have in bitcoin. Interest may be increasing more than the community thought a few weeks ago, and, as a result, the population of buyers has increased sufficiently relative to the supply. In which case, this isn't a speculative bubble.
Well, on the bright side, now it's official, bitcoin is a currency. Next up, Amazon.
Based on an average 12% increase in the exchange rate every difficulty (which, BTW, I actually think is overly optimistic by quite a lot) we'll reach $10 sometime in August and $100 sometime in March 2012.
Wow this is actually a really sad story. Here's a guy who wanted to be in bitcoin, but foolishly sold out in the single digits, and has been doing desperate mental gymnastics ever since to keep hope alive that he'll be able to get back what he threw away. My heart goes out to him.
Or... Here's someone who's desperately trying to undermine Bitcoin from within, and thinks what he says on a silly little forum makes a difference... Still sad
Wow this is actually a really sad story. Here's a guy who wanted to be in bitcoin, but foolishly sold out in the single digits, and has been doing desperate mental gymnastics ever since to keep hope alive that he'll be able to get back what he threw away. My heart goes out to him.
Each tear represents all the bitcoins proudhon sold off and all of the completely wrong predictions for the past two years - non fucking stop.
I love it.
http://www.youtube.com/watch?v=DksSPZTZES0
Hahaha nice digging
Why he's wasting so much time and energy here for years
Why he's wasting so much time and energy here for years
And what about this gem:
Yeah.
No, I didn't know that. I've fixed my letter:
Ok.
Quote
Dear Jim,
Do you want to be able to have $100 worth of purchasing power today turn into $75 worth of purchasing power tomorrow? Now there's a somewhat easy way - Bitcoin! Sign up for a Dwolla account, then begin the week or more process of transferring money from your bank to Dwolla and finally to MtGox. Then buy bitcoins on MtGox. It's so easy! Next, wait till the next day and almost magically (note: sometimes it can take a few days for the real magic to happen) the purchasing power of your bitcoins will be less than the purchasing power of the dollars you sent to MtGox. For more information go to bitcoin.org and mtgox.com. I hope you'll join the revolution!
Proudhon
Do you want to be able to have $100 worth of purchasing power today turn into $75 worth of purchasing power tomorrow? Now there's a somewhat easy way - Bitcoin! Sign up for a Dwolla account, then begin the week or more process of transferring money from your bank to Dwolla and finally to MtGox. Then buy bitcoins on MtGox. It's so easy! Next, wait till the next day and almost magically (note: sometimes it can take a few days for the real magic to happen) the purchasing power of your bitcoins will be less than the purchasing power of the dollars you sent to MtGox. For more information go to bitcoin.org and mtgox.com. I hope you'll join the revolution!
Proudhon
Yeah.
You know that when Jim Rogers buys he buys heavy and holds for multiple decades right?
No, I didn't know that. I've fixed my letter:
Quote
Dear Jim,
Do you want to be able to have $100 worth of purchasing power today evaporate completely or almost completely in a few years? Now there's a somewhat easy way - Bitcoin! Sign up for a Dwolla account, then begin the week or more process of transferring money from your bank to Dwolla and finally to MtGox. Then buy bitcoins on MtGox. It's so easy! Next, wait a few years and almost magically the purchasing power of your bitcoins will be 10% (probably even less) of the purchasing power of the dollars you sent to MtGox. For more information go to bitcoin.org and mtgox.com. I hope you'll join the revolution!
Proudhon
Do you want to be able to have $100 worth of purchasing power today evaporate completely or almost completely in a few years? Now there's a somewhat easy way - Bitcoin! Sign up for a Dwolla account, then begin the week or more process of transferring money from your bank to Dwolla and finally to MtGox. Then buy bitcoins on MtGox. It's so easy! Next, wait a few years and almost magically the purchasing power of your bitcoins will be 10% (probably even less) of the purchasing power of the dollars you sent to MtGox. For more information go to bitcoin.org and mtgox.com. I hope you'll join the revolution!
Proudhon
And here he is patting Nagle's back:
Bitcoin, last 5 months, on log scale. Brown line is 30 day trailing moving average.
The long, slow slide is right on track. It's been all downhill for 5 months now, and the trend is consistent Currently, the price is cut in half every 5-6 weeks.
Every once in a while, there's a big drop, and then the price recovers. But it never recovers all the way.
Admitting you are right a few months ago has served me well. Thankfully there have been enough bag holders resisting the obvious.
And here is more of that:
Bitcoin, last 5 months, on log scale. Brown line is 30 day trailing moving average.
The long, slow slide is right on track. It's been all downhill for 5 months now, and the trend is consistent Currently, the price is cut in half every 5-6 weeks.
Every once in a while, there's a big drop, and then the price recovers. But it never recovers all the way.
Admitting you are right a few months ago has served me well. Thankfully there have been enough bag holders resisting the obvious.
And here is more of that:
To answer the question in the thread title...we're going all the way down. There simply is no reason for bitcoins to be worth more than a $1, no reason at all. Nagle has been right. When a bubble pops, it pops all the way, and in the case of bitcoin, there's no reason for a legitimate recovery on the horizon.
I am gonna quote a few more from the dark days of Nov.2011, to make sure we all remember the craziness back then, here they are
it looks to me like we slowly climb to 3.xx dollars Aaaaannnd PooF it falls, we slowly climb to 3.xx dollars Aaaaannnd PooF it gone,
this leads me to believe 1 by 1 the miners that were hording their coins see 3.xx$ as a good price to jump ship.
we will portly see this happen many times for the next few months.... 3.12 Aaaand Poof it falls.
$2 will be the new $3 soon enough.
you have been around since april, all posts I saw from you rallying against bitcoin. either you are really really bored or you have missed the opportunity to buy when prices were low and now are angry about that and want price to drop so you can buy in at the low price you missed before. or did you sell out too early?
at what price will you change strategy? at what price will you buy lots of bitcoins and start rallying pro btc?
if my theory is wrong please let me know why you keep on posting against bitcoin. I am sure a lot of other people are wondering, too.
I'm just making observations and hanging around to watch this thing die out.
Here we go again.
it looks to me like we slowly climb to 3.xx dollars Aaaaannnd PooF it falls, we slowly climb to 3.xx dollars Aaaaannnd PooF it gone,
this leads me to believe 1 by 1 the miners that were hording their coins see 3.xx$ as a good price to jump ship.
we will portly see this happen many times for the next few months.... 3.12 Aaaand Poof it falls.
$2 will be the new $3 soon enough.
you have been around since april, all posts I saw from you rallying against bitcoin. either you are really really bored or you have missed the opportunity to buy when prices were low and now are angry about that and want price to drop so you can buy in at the low price you missed before. or did you sell out too early?
at what price will you change strategy? at what price will you buy lots of bitcoins and start rallying pro btc?
if my theory is wrong please let me know why you keep on posting against bitcoin. I am sure a lot of other people are wondering, too.
I'm just making observations and hanging around to watch this thing die out.
Wait for it! Please Do!!
Proudhon is speechless.
lol
Wait for it....there will be a correction and he will say...."I TOLD YOU SO"....when we hit say $50 haha
lol
Wait for it....there will be a correction and he will say...."I TOLD YOU SO"....when we hit say $50 haha
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