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Topic: This is the end - page 2. (Read 7303 times)

newbie
Activity: 18
Merit: 0
August 20, 2012, 10:32:23 AM
#52
"SR is not needed for over 99% bitcoin users"

SR is a large part of btc economy. A part that is actually not about speculation. I don't like junkies, but at least they are using btc the way it should be.
donator
Activity: 1218
Merit: 1079
Gerald Davis
August 20, 2012, 10:31:37 AM
#51
SR is not needed for over 99% bitcoin users, other than drug addicts and drug dealers.

You honestly think that less than 1% of Bitcoin users are involved in the SR?   Really?  bitcointalk.org =/= bitcoin.   Hardcore destroy the FED, bitcoin is going to $538,942,343,243.28 in 2 years when it becomes the one world currency =/= all bitcoin users.

Some people actually just use Bitcoin to buy and sell things.  Crazy I know people using a currency for commerce.  The SR is the largest source of commerce involving BTC.   
hero member
Activity: 639
Merit: 500
August 20, 2012, 10:26:30 AM
#50
Plus if we can survive $30 to $2.50, we can survive $15 to $7

The issue is not the price. The issue is vola. Currently, a 20% swing in a few minutes is almost normal. For merchants, this makes Bitcoin the payment system with the highest TX cost, by far. Maybe SR can live with this, but for all other business, Bitcoin is ATM unusable. But even for SR, this is not good.

If someone with deep pockets wanted to kill Bitcoin, this would be the way.
SR is not needed for over 99% bitcoin users, other than drug addicts and drug dealers. But you re right, very unstable price is bad for ATMs and normal markets.
anu
legendary
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
August 20, 2012, 10:08:31 AM
#49
Plus if we can survive $30 to $2.50, we can survive $15 to $7

The issue is not the price. The issue is vola. Currently, a 20% swing in a few minutes is almost normal. For merchants, this makes Bitcoin the payment system with the highest TX cost, by far. Maybe SR can live with this, but for all other business, Bitcoin is ATM unusable. But even for SR, this is not good.

If someone with deep pockets wanted to kill Bitcoin, this would be the way.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
August 20, 2012, 10:06:15 AM
#48
I wish the price dropped to $1.

But wait about 6 months when I have some big money coming in to buy a buttload of BTC.

Right now I am broke so the only price that matters is if it jumps over $50k/BTC. Then I sell.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
August 20, 2012, 10:02:57 AM
#47
People are just mad there might be a chance to buy coins at 1.5 this year if they already exhausted their entire budget. Tongue
legendary
Activity: 1680
Merit: 1035
August 20, 2012, 09:57:59 AM
#46
No matter who started it (that piratesomething), and why, but we're facing the end of Bitcoin. I see no way that this crash would stop. It'll go down, below 1$ and no-one will have any interest on mining, or using Bitcoins anymore. So I want to thank you all for these years, we had a good run, but maybe the world was not ready for this yet. Later we can find out what went wrong and maybe some day try again. Thank you, horgh is out. 

Obvious troll is too obvious. Humor fail (unless this is 100% sarcasm).
Plus if we can survive $30 to $2.50, we can survive $15 to $7
hero member
Activity: 639
Merit: 500
August 20, 2012, 09:44:49 AM
#45
If anyone have useless bitcoins or think they are collapsing he can send it to my wallet 1FXAQ1ak1fFUVoi8xuBmTLkpiu3vZNptpj  Roll Eyes
legendary
Activity: 1764
Merit: 1002
August 20, 2012, 09:41:01 AM
#44
Everyone who believes this is the end, send me your wallet.dat!




The end huh?

Take your ticket and go to the end of the line buddy:
http://en.wikipedia.org/wiki/List_of_dates_predicted_for_apocalyptic_events

Were bitcoin that vulnerable it would be illegal right now, as it is it's so resilient they are afraid to touch it for fear they legitimize it as a valid dark currency.

Fun times, fucking fun times, grab yer popcorn!

I'l be damn, seems bitcoin manages to crack even the toughest "nuts"  Smiley

he turned bullish quite some time ago.
hero member
Activity: 840
Merit: 1000
August 20, 2012, 09:21:24 AM
#43
why do we put up with punks like this who come out with a FUD post but don't bother to back up other's refutations?  or is he a troll with an agenda?

A troll without an agenda just doesn't take trolling serious enough...
legendary
Activity: 924
Merit: 1004
Firstbits: 1pirata
August 20, 2012, 05:50:49 AM
#42
Everyone who believes this is the end, send me your wallet.dat!




The end huh?

Take your ticket and go to the end of the line buddy:
http://en.wikipedia.org/wiki/List_of_dates_predicted_for_apocalyptic_events

Were bitcoin that vulnerable it would be illegal right now, as it is it's so resilient they are afraid to touch it for fear they legitimize it as a valid dark currency.

Fun times, fucking fun times, grab yer popcorn!

I'l be damn, seems bitcoin manages to crack even the toughest "nuts"  Smiley
hero member
Activity: 809
Merit: 501
Always verify deals with me through my public key!
August 20, 2012, 04:29:22 AM
#41
The end huh?

Take your ticket and go to the end of the line buddy:
http://en.wikipedia.org/wiki/List_of_dates_predicted_for_apocalyptic_events

Were bitcoin that vulnerable it would be illegal right now, as it is it's so resilient they are afraid to touch it for fear they legitimize it as a valid dark currency.

Fun times, fucking fun times, grab yer popcorn!
hero member
Activity: 784
Merit: 1000
August 20, 2012, 03:59:25 AM
#40
No matter who started it (that piratesomething), and why, but we're facing the end of Bitcoin. I see no way that this crash would stop. It'll go down, below 1$ and no-one will have any interest on mining, or using Bitcoins anymore. So I want to thank you all for these years, we had a good run, but maybe the world was not ready for this yet. Later we can find out what went wrong and maybe some day try again. Thank you, horgh is out. 

why do we put up with punks like this who come out with a FUD post but don't bother to back up other's refutations?  or is he a troll with an agenda?

Why not, who would reject someone who want to buy high sell low and give their money away for free, besides themselves?
legendary
Activity: 2212
Merit: 1008
August 19, 2012, 11:08:58 PM
#39
you know. i dont like your attitude, mister.
hero member
Activity: 504
Merit: 500
August 19, 2012, 10:59:46 PM
#38
legendary
Activity: 1764
Merit: 1002
August 19, 2012, 10:49:43 PM
#37
No matter who started it (that piratesomething), and why, but we're facing the end of Bitcoin. I see no way that this crash would stop. It'll go down, below 1$ and no-one will have any interest on mining, or using Bitcoins anymore. So I want to thank you all for these years, we had a good run, but maybe the world was not ready for this yet. Later we can find out what went wrong and maybe some day try again. Thank you, horgh is out. 

why do we put up with punks like this who come out with a FUD post but don't bother to back up other's refutations?  or is he a troll with an agenda?
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
August 19, 2012, 10:40:17 PM
#36
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
August 19, 2012, 10:33:43 PM
#35
This could be the perfect post to show the investor confidence cycle if we saw a turnaround now.

We should all remember this thread if the price trend does indeed continue upward.
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
August 19, 2012, 06:01:43 PM
#34
hero member
Activity: 520
Merit: 500
August 19, 2012, 05:57:08 PM
#33
I've already gotten back my initial investment because I was dollar-cost averaging on the way up these past few months. Currently sending some more USD to buy up coins when the price drops below $5 after Pirate returns coins to his lenders and a good portion decide to cash out.

Of course, there is always the chance that the market is over reacting to that possibility, and swinging TOO low. Or that Pirate doesn't pay out 100%.
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