Topic: Stop your BTC cheerleading and mass delusion and face the reality - page 6. (Read 10175 times)

Spot on, OP.

Of course, the cultists and bulltards will continue trying to lure in newbies to increase their own chance to make a profit on this MLM scheme. But there's no denying that Bitcoin will only go down in the long term, even if it somehow were able to perform another DCB to $400 or slightly above in the near to medium term.

However, I still think BTC will continue -- for several years -- having utility as a payment method on the deep web, for the purchase of illegal goods and services. But it doesn't need to be valued in the triple digits for that to be the case, and it'll most likely reach single digits sometime in 2015 or 2016 at the very latest. In the long term, another cryptocurrency (or a more advanced technology) will replace BTC as the dominant payment method on the deep web as well.

Of course you did.  And I've paid $50 for a coke.  There are stupid ways of sending money, and they are expensive.  Western Union is not how normal fiat transactions are done.  Certainly not how a billion-dollar transaction would be done.  If you know someone who tried to send a billion dollars via WU, give me his addy--I got some Bitcoin to sell him

If your bank charges you for writing checks and using a debit card, I suspect you have stumbled upon a fiat equivalent of Neo Bee.

You chopped off the part where I wrote goldbug delusion and high tech envy.

Your delusion is you grasp on to the slogans and concepts, without analysing the technical details which elucidate the delusion.

For example, goldbugs have never understood that gold was always a fiat, because the public can always loan fractional reserve units that are denominated in gold. And Gresham's Law states that bad money drives good money out-of-circulation, thus the more debased form of gold (or Bitcoin) will always drive the less debased form out-of-circulation.

As for math, see my prior post point about Metcalf's law and off chain. Etc, etc, etc. I have made so many math arguments that elucidated the delusion (in my archives and AnonyMint's archives), and I am not going to repeat them all again.

I said broad POPULATION use case. Can't you read?

In theory yes Bitcoin offers autonomy.

The problem is it all breaks down at the choke point of the miners. Unfortunately.

But! To actually regulate the miners requires global cooperation of governments! So Bitcoin will force governments to accede to a global authority.

So yes, Bitcoin is unique and will have a role to play. But it will not achieve the outcome of the idealist delusion.

It will remain more of a speculation than a paradigm shift for transactions or decentralized finance, because for example to get fast transactions will require off chain, but off chain doesn't scale with Metcalf's Law, i.e. network effects are not the square of the number of users. Off chain fragments the userspace. Btw, this is a math argument, so make sure any rebuttal grasps that.

But Bitcoin is showing the way for an altcoin to provide what Bitcoin doesn't. This is the black swan possibility.



I did not agree with that point of the OP. So I do not disagree with you on that point.

Stop trolling. I paid $25 to transfer $100 once via Western Union.
You pay a fee with banks as well, stop selling a fake story.

Exactly.

SWIFT has no broad use case either by that idiotic logic.

A superior math-based currency that can't be printed or counterfeited doesn't make us delusional.  Yes, the majority of bitcoin users are male.  Your point? When was the last time a majority of females ever accomplished anything whatsoever? Other than bullshit liberty-curtailing no-fun-allowed groups like MADD cunts


Men are superior to women in every way, shape and form.  Just like bitcoin is superior to every bullshit fiat currency.

If women could into math/technology or basic fucking individual freedoms, bitcoin would be a monster right now. 

those arguing that bitcoin doesnt have a unique purpose that differs from other currencies.. please understand that FIAT no matter what country you live in, is the SAME!. it does not have any unique features differing each other.

so ask yourself if you can do everything with the dollar, that you can also do with a euro... why isnt everyone using the euro.

mastercard, american express and visa are all the same. the method of payment is no different. so ask yourself if everything can be done with mastercard, why does visa, american express exist.

western union.. blah blah... why does moneygram exist.
t-mobile blah blah.. why does vodaphone exist.
pepsi blah blah why does cocacola exist.
Mcdonalds blah blah why does burgerking exist.
budweiser blah blah why does miller/coors exist.

again dollar blah blah why does euro, pound, yuan, ruble, mpesa, peso, exist.

staying on the currency topic lets talk about global reach. the american dollar has ben literally FIGHTING for global dominance for well over 100 years, but only 320million people use it daily. thats not even 5% world adoption, so anyone defending and trying to talk people into staying with the dollar.. well it is obvious that they have an agenda..

when you realise that people prefer choices and freedoms then you will understand that bitcoin gives an extra choice.

bitcoin is actually far different than what fiat is, in many many ways. bitcoin also offers abilities and strengths that gold cannot offer. it offers many abilities that paypal, mastercard, western union, bank accounts, bank notes cannot offer. and im not even talking about anonymity.

i personally do not care about the price.. it has been days since i checked the price, and even though i hold lots of bitcoins, the price rises or drops do not matter to me one bit. as i can see the potential and future of bitcoin. that said if bitcoin was to drop to 1c i could loose hundreds of thousands of dollars of value.. but that does not phase me as im not in it for the fiat wealth or fiat retirement. once you get passed measuring bitcoin vs fiat and actually use bitcoin properly you will see what it can do for many people. without actually requiring world domination.

bitcoin doesnt need billions of users to be a success, like i said the dollar only has 320million regular users and people hail the dollar as a success.. (i am laughing while writing that statement as i think american government is delusional about its power)

lastly if anyone is shouting that bitcoin is dead and will only be worth 1cent soon. how about you sell me 1bitcoin for 1c now and put your money where your mouth is. i dare you to sell me 1000 bitcoins for $10. until you are willing to do such a thing, your points are meaningless.

Sounds legit.

Evidence of delusion. Thanks.

1. Pay with bitcoin you nerd.
2. Maybe they are initially buying bitcoin through a company like coinbase, but then just move it off coinbase. A smart bitcoiner would never leave a large amount of bitcoin on a centralized service, especially after the Mt. Gox problem
3. See #1. Are you mentally delayed? -- And if your argument is "well not everywhere accepts bitcoins and keeps them!" that is why were are in the adoption phase and I'm proud of that fact
4. Nope, you can never take someones bitcoin as a bail-in. If I could I'd own all of satoshi's coins right now
5. Yes there could be a fractional reserve and they would need a very small margin otherwise face quick collapse. But that still prevents endless money printing.
6. The more you argue the point, the more obvious it is that you know very little about bitcoin.

WU?  You mean Western Union?  To transfer a billion dollars?  Only on this forum, folks

My bank charges me nothing for the transactions I make, it costs me nothing to write a check, it costs me nothing to use a debit card.
So if this billion-dollar transfer is a payment for a BTCeanie BTCaby, it would cost me exactly 40 cents less than a BTC transfer.

So now you know.

Indeed. The use case of Bitcoin is a speculation bubble.

every time the price of BTC goes down, people like OP invade the forum with their bullshit.

Every time the price of BTC goes up, people like OP look at the price, seething with rage, foaming at the mouth, wishing they invested earlier.

1. Convert to and from fiat is the same or more fees, plus much more hassle in many scenarios.
2. Just wait until the KYC regulations on the miners come once most of the users are accessing Bitcoin through Paypal and Coincase and other centralized choke points.
3. You need to convert to fiat before you can use it.
4. Ditto #2.
5. Bitcoin can be debased just like gold was debased in the 1800s, via fractional reserve loans denominated in BTC. Gresham's Law insures the public will adopt the most debased unit.
6. The longer your list, the more proof you provide that I am correct.

Yes it is, if you don't have a correspondence with Who I Am and my address i'm 100% anonymous.

Oh, i think you're the first/second account of SamTsuedo right? Lol 

Bitcoin is not anonymous. I already had this argument with franky1 and I will not repeat it. Refer to my archive of posts.

Absolutely not. You are delusional males with goldbug tendencies (which is another delusion) and high tech envy (most of you can't build, so you pontificate).

And you force yourself to use Bitcoin because of your delusion, even trying to find ways to force unnatural use it for your pregnant wife's term. And your use of Bitcoin as a speculation far outweighs your forced unnatural use of it as a transaction currency.


Yes, you are delusional.

No problem.

I Want to send some money to anyone in the world and be sure that this person receive them in near 10 minutes.

I want to send you some shit in anonymous way http://www.shitexpress.com/?language=en

I want to pay for porn undetected

I don't need to pay % fees to my bank only for transferring money (95% of FIAT are virtual, only data on computers)

My bank (or part of it) is inside my home/on my smarthone

No BCE/FED printing money and manage them, BTC is a transparent system, no trick.

I need to continue?  


False. Many people trade only with BTC, no need to change to Fiat.


Man..........i don't have understand NOTHING about BTC. But we are here to teach you.
Once upon a time i was a noob like you...........don't worry