only bull-shit here
Topic: the dirty secret behind bitcoin (Read 3874 times)
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Delete every post you made in this thread. That should do the trick.
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Delete every post you made in this thread. That should do the trick.
this thread is really retarded.
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Delete every post you made in this thread. That should do the trick. 
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It reminds me of the drunk bald guy with the yellow t-shirt of last year that was spamming the web with his shitty videos.
omg thanks for the reminder! almost forgotten him! where has he gone? can't seem to find any of his vids
YTKilledRawdog closed his YouTube channel last year
That sucks, i loved his bitcoin vids xD
[edit]
He's back(?)
http://www.youtube.com/user/SirRawdoglet
Wow. I'm suprised this guy could figure out how to turn on that camera.
EDIT: Someone with a Youtube account should ask this guy what happened to his videos concerning bitcoin, and if he is going to update same. After all, he should take credit for calling the death of bitcoin, since it was all true. His views on the Ron Paul movement is sickening.
+1
So he didn't die by choking on his own phlegm and embarrassment...
It reminds me of the drunk bald guy with the yellow t-shirt of last year that was spamming the web with his shitty videos.
omg thanks for the reminder! almost forgotten him! where has he gone? can't seem to find any of his vids
YTKilledRawdog closed his YouTube channel last year
That sucks, i loved his bitcoin vids xD
[edit]
He's back(?)
http://www.youtube.com/user/SirRawdoglet
What the 2011 bounce highlights is a potentially strong technical level based on a trading perspective, not much more.
As for the video - there was nothing in it to suggest the poster had any fundamental understanding of the Bitcoin network, only it's behavior in relation to other traditional investments. The whole rehash of early adopter 'unfairness' sob story is immature and naive.
Regarding value, the argument of bitcoins not having any value is also a load of ignorant claptrap. There is no universal interpretation of value. A number like 7610598101114116121 has no more meaning than 自由 to anyone who doesn't have a reference point, and so might be claimed as 'valueless'. Yet with an appropriate understanding, both communicate information. Without context, their value is unknowable.
What is worthwhile is the suggestion that volume is as important as price, if not more so. The differences are more pronounced on a weekly scale, and it can be seen that large outflows of USD in the mtgoxUSD charts are often met with an even greater shift in bitcoin holdings. To me, that suggests there is an interest in accumulation of bitcoins, outweighing the preference for USD. This is especially evident from late 2011 to now, where relatively small shifts in exchange rates result in comparatively large transfers of bitcoin holdings.
As for the video - there was nothing in it to suggest the poster had any fundamental understanding of the Bitcoin network, only it's behavior in relation to other traditional investments. The whole rehash of early adopter 'unfairness' sob story is immature and naive.
Regarding value, the argument of bitcoins not having any value is also a load of ignorant claptrap. There is no universal interpretation of value. A number like 7610598101114116121 has no more meaning than 自由 to anyone who doesn't have a reference point, and so might be claimed as 'valueless'. Yet with an appropriate understanding, both communicate information. Without context, their value is unknowable.
What is worthwhile is the suggestion that volume is as important as price, if not more so. The differences are more pronounced on a weekly scale, and it can be seen that large outflows of USD in the mtgoxUSD charts are often met with an even greater shift in bitcoin holdings. To me, that suggests there is an interest in accumulation of bitcoins, outweighing the preference for USD. This is especially evident from late 2011 to now, where relatively small shifts in exchange rates result in comparatively large transfers of bitcoin holdings.
This +100
Especially re: volume.
The comments are telling. I'd be willing to debate this guy, but I think I'm too old. I have no idea how to upload a video.
It reminds me of the drunk bald guy with the yellow t-shirt of last year that was spamming the web with his shitty videos.
omg thanks for the reminder! almost forgotten him! where has he gone? can't seem to find any of his vids
YTKilledRawdog closed his YouTube channel last year
I wonder how long this guy is going to keep this video up. I doubt that he will ever acknowledge bitcoin's virtues no matter how successful it is in the future.
"grandpa, can I have some bitcoins for my birthday? I want to buy a new game."
"No! bitcoins are not money! They don't have any value, even if someone else thinks that they do!"
"But grandpa, no one takes paypal anymore!"
"Here, have some real money! I know I've got some dollar bills around here somewhere."
"Grandpa, no one takes paper anymore except to roll dope!"
"grandpa, can I have some bitcoins for my birthday? I want to buy a new game."
"No! bitcoins are not money! They don't have any value, even if someone else thinks that they do!"
"But grandpa, no one takes paypal anymore!"
"Here, have some real money! I know I've got some dollar bills around here somewhere."
"Grandpa, no one takes paper anymore except to roll dope!"
What the 2011 bounce highlights is a potentially strong technical level based on a trading perspective, not much more.
As for the video - there was nothing in it to suggest the poster had any fundamental understanding of the Bitcoin network, only it's behavior in relation to other traditional investments. The whole rehash of early adopter 'unfairness' sob story is immature and naive.
Regarding value, the argument of bitcoins not having any value is also a load of ignorant claptrap. There is no universal interpretation of value. A number like 7610598101114116121 has no more meaning than 自由 to anyone who doesn't have a reference point, and so might be claimed as 'valueless'. Yet with an appropriate understanding, both communicate information. Without context, their value is unknowable.
What is worthwhile is the suggestion that volume is as important as price, if not more so. The differences are more pronounced on a weekly scale, and it can be seen that large outflows of USD in the mtgoxUSD charts are often met with an even greater shift in bitcoin holdings. To me, that suggests there is an interest in accumulation of bitcoins, outweighing the preference for USD. This is especially evident from late 2011 to now, where relatively small shifts in exchange rates result in comparatively large transfers of bitcoin holdings.
Fools fade fast
As for the video - there was nothing in it to suggest the poster had any fundamental understanding of the Bitcoin network, only it's behavior in relation to other traditional investments. The whole rehash of early adopter 'unfairness' sob story is immature and naive.
Regarding value, the argument of bitcoins not having any value is also a load of ignorant claptrap. There is no universal interpretation of value. A number like 7610598101114116121 has no more meaning than 自由 to anyone who doesn't have a reference point, and so might be claimed as 'valueless'. Yet with an appropriate understanding, both communicate information. Without context, their value is unknowable.
What is worthwhile is the suggestion that volume is as important as price, if not more so. The differences are more pronounced on a weekly scale, and it can be seen that large outflows of USD in the mtgoxUSD charts are often met with an even greater shift in bitcoin holdings. To me, that suggests there is an interest in accumulation of bitcoins, outweighing the preference for USD. This is especially evident from late 2011 to now, where relatively small shifts in exchange rates result in comparatively large transfers of bitcoin holdings.
omg thanks for the reminder! almost forgotten him! where has he gone? can't seem to find any of his vids
Fools fade fast
It reminds me of the drunk bald guy with the yellow t-shirt of last year that was spamming the web with his shitty videos.
omg thanks for the reminder! almost forgotten him! where has he gone? can't seem to find any of his vids
It reminds me of the drunk bald guy with the yellow t-shirt of last year that was spamming the web with his shitty videos.
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