The sad truth about Bitcoin - page 4.

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

Quote from: GratefulCoin on December 16, 2014, 02:34:45 AM

I've come to realize that Bitcoin is either for the rich or for poor people picking up the smallest of crumbs. There seems to be very few people in the middle. If this doesn't change... Bitcoin and cryptocurrency in general is doomed.

dooooomed....doooooooooooomed i tell you

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: GratefulCoin on December 17, 2014, 07:00:09 PM

Just throw out there one site. The one you're the most proud of. I'm curious as to what you're doing.

Follow my post history and you can see why there is no way in hell I would ever jeopardize any of my businesses and employees well being by associating an account where I openly and honestly share my philosophical beliefs with the community which in many eyes is very controversial--- being that I am a crypto - anarchist/anarcho -cap. These bunsiness accept BTC but aren't directly related to bitcoin if you are curious.

GratefulCoin

newbie

Activity: 42

Merit: 0

Quote from: inBitweTrust on December 17, 2014, 06:58:54 PM

Quote from: GratefulCoin on December 17, 2014, 06:50:39 PM

What business do you have that you pay employees in Bitcoins? Surely you must have a site.

I own many sites and pay multiple employees in bitcoin, some directly and some as independent contractors as you are already familiar with from how you were introduced to BTC.

Just throw out there one site. The one you're the most proud of. I'm curious as to what you're doing.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: GratefulCoin on December 17, 2014, 06:50:39 PM

What business do you have that you pay employees in Bitcoins? Surely you must have a site.

I own multiple sites and pay multiple employees in bitcoin, some directly and some as independent contractors as you are already familiar with from how you were introduced to BTC.

GratefulCoin

newbie

Activity: 42

Merit: 0

Quote from: inBitweTrust on December 17, 2014, 02:49:14 PM

Quote from: GratefulCoin on December 17, 2014, 02:36:47 PM

As we can clearly see it has not been a good investment this year. Rich people threw a lot of money at them as some sort of get even richer scheme.

2014 a Bad year for BTC investment for what specific reason? The 2014 Average is 3x higher than the 2013 average. The market price right now as it is dropping is still almost 2x above the 2013 average.

Or are you sampling those that are impatient investors(possibly yourself) who want BTC to be some get rich scheme within 6 months?

Quote from: GratefulCoin on December 17, 2014, 02:36:47 PM

Only because the next generation of Bitcoin buyer will be people who actually want to use them as currency. When people actually use Bitcoin instead of hoarding them... that's when the tide will change.

False Dichotomy. I horde(Used to be called save and be praised), spend(and buy more when I do) , pay employees, and accept payments in BTC.

There are plenty of criticisms of BTC I could mention and have in my posts, but your sweeping generalizations are false and misguided. Be more specific.

Yes, BTC was been a horrible investment for those looking to invest and cashout within the last 6 month window(The market will punish these bad investors that don't follow the rule of buy low take profits high and never sell at a loss).... welcome to the early days of BTC , it is indeed volatile .... expect more of it in the next 8 years.

What business do you have that you pay employees in Bitcoins? Surely you must have a site.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: GratefulCoin on December 17, 2014, 02:36:47 PM

As we can clearly see it has not been a good investment this year. Rich people threw a lot of money at them as some sort of get even richer scheme.

2014 a Bad year for BTC investment for what specific reason? The 2014 Average is 3x higher than the 2013 average. The market price right now as it is dropping is still almost 2x above the 2013 average.

Or are you sampling those that are impatient investors(possibly yourself) who want BTC to be some get rich scheme within 6 months?

Quote from: GratefulCoin on December 17, 2014, 02:36:47 PM

Only because the next generation of Bitcoin buyer will be people who actually want to use them as currency. When people actually use Bitcoin instead of hoarding them... that's when the tide will change.

False Dichotomy. I horde(Used to be called save and be praised), spend(and buy more when I do) , pay employees, and accept payments in BTC.

There are plenty of criticisms of BTC I could mention and have in my posts, but your sweeping generalizations are false and misguided. Be more specific.

Yes, BTC was been a horrible investment for those looking to invest and cashout within the last 6 month window(The market will punish these bad investors that don't follow the rule of buy low take profits high and never sell at a loss).... welcome to the early days of BTC , it is indeed volatile .... expect more of it in the next 8 years.

beetcoin

sr. member

Activity: 434

Merit: 250

^ it's a way to anonymously vent to strangers.

a lot of people who are expecting to get-rich-quick come to these boards too. there's always someone complaining how they didn't become millionaires.

GratefulCoin

newbie

Activity: 42

Merit: 0

Quote from: inBitweTrust on December 17, 2014, 03:53:13 AM

Quote from: GratefulCoin on December 17, 2014, 02:41:46 AM

I would never put my own money into Bitcoin. The only way I would ever own Bitcoin is by earning them. The risk is far too high to invest money into something that's going down the way Bitcoin is.

We see the stunt you are pulling here on this new account. Nice try. If you aren't interested in bitcoin as a speculative investment , fine, go off and build your affiliate site instead of disparaging bitcoin and spreading FUD.

If your true intentions are real, why have you not asked one question or made any posts in any of the pertinent sections of this forum that you claim to be interested in ... Development & Technical Discussion,Technical Support and Project Development?

This is why we are pissed, because you are clearly misrepresenting your intentions and spreading FUD.

It seems you are just some blackhat SEO and porn copyeditor coming to our community looking for a handout and getting bitter when you realize that you have to actually contribute and work to make a living and we won't just shower you with donations. The reason that you won't invest in BTC is because you have nothing to invest, you are begging for handouts and work. The sooner you stop complaining and actually get to work the sooner you will turn your life around.

I am not trying to be an asshole but merely giving some tough advice that you need to reflect upon.

The level of anger here is fantastic. I've never understood why message boards attract angry people. That's the one consistent thing about message boards. Regardless of the topic, angry people flock to them.

I wouldn't invest anything right now in Bitcoin. I would invest in businesses that people spend Bitcoin at. I think Bitcoin has still quite a ways to go down. At some point people will see they are a good deal. Once they do they will invest in Bitcoin and some of those people will buy stuff. That is my interest.

I wouldn't say that I was disparaging Bitcoin. I was disparaging those who invested in Bitcoins themselves. As we can clearly see it has not been a good investment this year. Rich people threw a lot of money at them as some sort of get even richer scheme. As the market hemorrhages these people, it's actually a good thing. Only because the next generation of Bitcoin buyer will be people who actually want to use them as currency. When people actually use Bitcoin instead of hoarding them... that's when the tide will change.

LordSonjai

full member

Activity: 210

Merit: 100

is this idiot really comparing flowers to bitcoin?

Edit:Sorry for calling you a idiot,I just feel as if you would have to be a little daft to compare a banana to a carrot.

Aemon

sr. member

Activity: 308

Merit: 250

to the OP, I would say I am right in the middle, I am not rich or poor. Do I have a lot of bitcoins? No, but I am earning them anyway I can and I don't understand the point of hanging around forums criticizing people who like Bitcoins.

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: youngmike on December 17, 2014, 05:09:38 AM

Bitcoin is just another tulip mania

of course believers deny it

So why are you hanging out on a btc forum with hundreds of posts to your name??

BigBertie

newbie

Activity: 14

Merit: 0

Quote from: youngmike on December 17, 2014, 05:09:38 AM

Bitcoin is just another tulip mania

of course believers deny it

go away young Mike. Tulip mania as if.

negative
negative
negative always from you

Mitchell

copper member

Activity: 3948

Merit: 2201

Verified awesomeness ✔

Quote from: turvarya on December 17, 2014, 05:26:53 AM

Has anybody of you ever looked into the tulip mania or are you just repeating something you don't understand?
It is the same, as when people call Bitcoin a Ponzi and don't even understand what Ponzi means.
Please stop using words you don't understand.

The solution for people like that is easy. Put them on your ignore list, which is what I have done with that guy.

turvarya

hero member

Activity: 714

Merit: 500

Quote from: youngmike on December 17, 2014, 05:09:38 AM

Bitcoin is just another tulip mania

of course believers deny it

Has anybody of you ever looked into the tulip mania or are you just repeating something you don't understand?
It is the same, as when people call Bitcoin a Ponzi and don't even understand what Ponzi means.
Please stop using words you don't understand.

youngmike

sr. member

Activity: 252

Merit: 250

Bitcoin is just another tulip mania

of course believers deny it

turvarya

hero member

Activity: 714

Merit: 500

I have looked into OP's posts.
So, there is really a misconception here:
If you want BTC, you don't have to either work for it or invest huge sums into it. You can also buy Bitcoin with small amounts of money. Just go on an exchange(I am from Austria, I don't know, which one would be best for you, but you can just ask in here) and buy some Bitcoin. It doesn't matter if it is not a whole Bitcoin. There are just small fees on exchanges(I pay 0.35% for a trade). It is really not that hard to do it.
So, you can just get a regular job that pays in USD. If you have problems to find a regular job that pays in USD, than you most certainly won't find a job that pays you in Bitcoin.

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: inBitweTrust on December 17, 2014, 03:53:13 AM

Quote from: GratefulCoin on December 17, 2014, 02:41:46 AM

I would never put my own money into Bitcoin. The only way I would ever own Bitcoin is by earning them. The risk is far too high to invest money into something that's going down the way Bitcoin is.

We see the stunt you are pulling here on this new account. Nice try. If you aren't interested in bitcoin as a speculative investment , fine, go off and build your affiliate site instead of disparaging bitcoin and spreading FUD.

If your true intentions are real, why have you not asked one question or made any posts in any of the pertinent sections of this forum that you claim to be interested in ... Development & Technical Discussion,Technical Support and Project Development?

This is why we are pissed, because you are clearly misrepresenting your intentions and spreading FUD.

It seems you are just some blackhat SEO and porn copyeditor coming to our community looking for a handout and getting bitter when you realize that you have to actually contribute and work to make a living and we won't just shower you with donations. The reason that you won't invest in BTC is because you have nothing to invest, you are begging for handouts and work. The sooner you stop complaining and actually get to work the sooner you will turn your life around.

I am not trying to be an asshole but merely giving some tough advice that you need to reflect upon.

+1

a trolls work is never done ........

biodieselchris

hero member

Activity: 579

Merit: 500

CoinQuacker

I own a boatload of altcoins and I'm not rich. I own them because I can, and they are fun to play with. You can get free bitcoin at a 100 different faucets (an amount of some value you would have to actually work for GASP).

Whatever, what a stupid post.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: GratefulCoin on December 17, 2014, 02:41:46 AM

I would never put my own money into Bitcoin. The only way I would ever own Bitcoin is by earning them. The risk is far too high to invest money into something that's going down the way Bitcoin is.

We see the stunt you are pulling here on this new account. Nice try. If you aren't interested in bitcoin as a speculative investment , fine, go off and build your affiliate site instead of disparaging bitcoin and spreading FUD.

If your true intentions are real, why have you not asked one question or made any posts in any of the pertinent sections of this forum that you claim to be interested in ... Development & Technical Discussion,Technical Support and Project Development?

This is why we are pissed, because you are clearly misrepresenting your intentions and spreading FUD.

It seems you are just some blackhat SEO and porn copyeditor coming to our community looking for a handout and getting bitter when you realize that you have to actually contribute and work to make a living and we won't just shower you with donations. The reason that you won't invest in BTC is because you have nothing to invest, you are begging for handouts and work. The sooner you stop complaining and actually get to work the sooner you will turn your life around.

I am not trying to be an asshole but merely giving some tough advice that you need to reflect upon.

GratefulCoin

newbie

Activity: 42

Merit: 0

I find the hostility here simply amazing. It truly defies description. I somewhat looked into Bitcoin over the years. The difference between now and then is that I now take it seriously. I see that this is far more than just a novelty. I'm not sure that Bitcoin is the future of cryptocurrency. But, I am sure there is a future for cryptocurrency.

My interest in Bitcoin isn't investing in it. I wouldn't invest a single cent in it at this stage. I think we probably pretty far from the bottom of the current slide. My interest in Bitcoin is possibly to build an affiliate site. A site where causal Bitcoin users look to do their shopping. The people who see this as a novelty or just a bit more than that. The people who are truly into the world of Bitcoin already know all the shopping opportunities out there. Think portal site showing people where they can spend their Bitcoins.

I would never put my own money into Bitcoin. The only way I would ever own Bitcoin is by earning them. The risk is far too high to invest money into something that's going down the way Bitcoin is.

Topic: The sad truth about Bitcoin - page 4. (Read 7946 times)