Topic: The bitcoin story for the average joe - page 2. (Read 3995 times)

this is very good and very accurate!

Instead of trying to turn this into a joke, I would like to be more reserved for those who had faith in bitcoin. Nobody would want this to happen in the first place and who would have thought it would be so drastic. I had the feeling that it will end up like today but not as bad.

The End Is Near

If you want to go all out, you must quote all three, and also drop some vague hints that a random altcoin that solves all these problems will very likely overtake Bitcoin as the crypto of choice in the future.

3 day chart really tells the btc story ... interesting curiosity valued stable below 100 with some intrinsic value as an instantaneous transfer medium ... jacked through the sky in 2 months (due entirely to mtgox fake money/software/lies) ... and optimistic death ever since going on over a year now ...

Lol, this was really funny, thx
Needed a good laugh.
If you can make a comic strip out of it, pls do, I want to post it on my twitter.

LOL, but but but I was so sure BTC would rise and rise and make me a bazillion said one speculator, the early adopters are full of useless BTC.

If only the price would keep going down down down 

To be a millionnaire in Bitcoin at a price of 175$  5714 BTC! Having 100 BTC means you could get 17 500$ if you run to the exchanges and the price is not lower by then.

It makes you think if the market is not manipulated by someone who desperately needs some cheap BTC to recover a loss.

Try http://lmgtfy.com/?q=williams+%20%22no+suicide+note%22+%22hung+himself%22, or perhaps pull-a-Carradine is a better clue.

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Step 1: Panic Sell: Quickly go to your exchange of choice (preferably one located in a country other than your own) and sell all your bitcoin. Don't even risk owning the smallest fraction of a coin. If you really want to commit to quitting, do it right and sell everything.

Step 2: Seek Validation on Your Favorite Bitcoin Forum: It is simply not enough to sell all your bitcoin. To ensure that you later don't have a "change of heart," it is required that you announce your departure. Regular bitcoin users also like to see who is leaving, so it is important for you to tell them. You won't believe how much strangers on the Internet care!

Step 3: Make Sure You Know Your Talking Points: People leaving bitcoin need to have a reason why. Make sure you have one in your pocket especially during step 2. Please choose one of these: "Price Volatility", "Centralized Mining", "Fixed Supply".

Step 4: Enjoy the Freedom from Bitcoin Shackles

Step 5: Do something else for awhile. Never pass up an opportunity to ridicule the idea of Bitcoin and those dumb enough to use it.

Step 6: Check back after six months, only to find that Bitcoin isn't dead after all.

Step 7: Check back again, only to find the price has inexplicably risen past your selling price. Complain bitterly, as the price continues rising relentlessly and inexplicably, about how "early adopters" get all the breaks.

Step 8: Buy bitcoin. Buy more bitcoin. Start dreaming of getting rich simply by buying Bitcoin.

Step 9: Put 90% of your net worth into Bitcoin. Make a post to /r/bitcoin about how you're in it for the long haul.

Step 10: Sit back or pull-a-Williams or pull-a-Carradine, then...

Step 11: Watch in horror as your "investment" drops by 50%, then 60%, then 70%.

Step 12: GOTO Step 1 (if you survived Step 10).

A seasoned Bitcoiner would've found it funnier if the [Pattayan] homeless man was juxtaposed next to a three-prong fire hydrant.

Hey PG, long time no talk!   

What does pull-a-williams mean?  Tried googling it, but doesn't come up with anything obvious. 

During the interim, pull-a-Williams behind locked doors, making sure to not leave a suicide note.

Having $0 money means you can't pay or afford mortgage, bills, food, electric, internet, water, medical expenses, gas, dog, cat, turtle etc.  Which probably means foreclosure on your house.  It means you can't afford to go to work, because you can't afford train/bus fare.  It means you'll be fired from work.  Since you don't have internet, you can't look for a job.

Yup, pretty much stick to my cardboard box for now...



Notice I'm still wearing my work shoes.  At least those are still good if I can get an interview.

DAM YOU BITCOIN!!!

Hopefully we will soon be in the panick buying phase or it could be a phase of rational buying because of the price halving, USD tanking and Bitcoin showing itself as a strong alternative to a fiat currency world.

Having $0 money does not equal living on the streets. If you had previously bought a house, and some time after you find yourself with no money, the house doesn't simply vanish. You can still sell it and rent somewhere less expensive. Also, I assume you continue working, right?

Desperate people do desperate things.

If I'm out on the street living on my pee and poop, I'd probably do stuff like that...I mean you have nothing to lose at that point right?  No fiat or BTC to continue living civilly...

In such a case, I would have no money at all. Are you implying I should steal that rope?

Well, if we can't invest in oil anymore, where will all the investment dollars go?......bitcoin....?

this is why i dont sell any, i can live with losing a couple of thousand £, i couldn't live with myself if i dumped and then the price soared

Meh, I'll just quit wasting time with BTC and make an AI Robot asteroid mining probe that 3D prints clones of itself and flies back 5 million strong with 50lb of precious metals in each..... then I'll whine about the platinum, rhodium, palladium and gold bubble collapsing.