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Topic: This should be kept secret! !!!!!!!!!!!! (Read 2626 times)

full member
Activity: 196
Merit: 100
June 30, 2011, 09:03:35 PM
#21
Only cowards hide.  And we aren't "hiding" in case you haven't noticed the CIA and Senate have already taken interest here.

Fight or flight.
member
Activity: 112
Merit: 10
No one I mention bitcoins to seems to care.

As long as I get 10ish BTC by Sept, I will be content.
hero member
Activity: 817
Merit: 1000
Truth is a consensus among neurons www.synereo.com
You're describing this as if the community decided to publicize Bitcoin rather than the press finding interest in it and blowing it up all over the net.


Cheesy, yep Lulzsects didn't have anything to do with the bubble, nothing at all, never a thought, nope nothing

Yeah?

No.
The only reason I found out my bitcoins were worth money now was because of them.
Before that they were in cold storage just chilling taking up space.

Soon I was like: "My preciousssss..." xD

I don't see your point.

Anyway, there's absolutely no reason not to spread Bitcoin all over the place. The sooner we reach the critical mass of people interested in - and using - Bitcoin, the more likely the system is to survive.
sr. member
Activity: 280
Merit: 250
Firstbits: 12pqwk
Agreed.

I've told 5 of my friends about this secret, they told their friends as well,
Now a bunch of friend's friend has more BTCs than I do,

Could've been my BTCs Roll Eyes
member
Activity: 70
Merit: 10
"Basics Of Generational Dynamics" - Look it up!
you would like time to accumulate lots of BTC?
Obviously.  Roll Eyes
Well, my response to that is cry moar noob - I wish I'd started buying Silver at 3.50 instead of $21, but I'm in it for the long haul and the fundamentals tell the truth.   You're an early adopter in the big picture.
full member
Activity: 238
Merit: 100
you would like time to accumulate lots of BTC?
Obviously.  Roll Eyes
member
Activity: 70
Merit: 10
"Basics Of Generational Dynamics" - Look it up!
Well in that case I suggest you sell all your bitcoins, because unless it fails as a currency it has exponential gains in its future.  Frankly though, I don't see what there is to cry about here - If you can't stand the volitility, just buy bitcoins to hold until the market stabilizes.

Or is this because you would like time to accumulate lots of BTC? I'm confused what the rationale for delaying....  Because it would be scary?
full member
Activity: 238
Merit: 100
the final price will be in the thousands

I'm not convinced this will happen. There are no indications for this as far as I can see.

Late adopter? There's six billion people out there who have never heard of Bitcoin. You're an early adopter.

Even if I was an "early adopter", I wouldn't like to see something like this ever again:



I don't want it!
We've had enough finance/speculation/volatility/crisis/collapses/inequality/etc. for the rest of human history. We should finally leave these behind. I admit I had secretly hoped the Bitcoin could move us in the right direction. But maybe I'm just too philosophical here...

.
hero member
Activity: 588
Merit: 500
Late adopter? There's six billion people out there who have never heard of Bitcoin. You're an early adopter.
member
Activity: 84
Merit: 10
You're describing this as if the community decided to publicize Bitcoin rather than the press finding interest in it and blowing it up all over the net.


Cheesy, yep Lulzsects didn't have anything to do with the bubble, nothing at all, never a thought, nope nothing

Yeah?

No.
The only reason I found out my bitcoins were worth money now was because of them.
Before that they were in cold storage just chilling taking up space.

Soon I was like: "My preciousssss..." xD
member
Activity: 70
Merit: 10
"Basics Of Generational Dynamics" - Look it up!
Sometimes you get in early, sometimes you get in late - If you're that concerned, seems like you should just buy more BTC now since the ratios say the final price will be in the thousands, making you an early adopter by your own standards.

Frankly, this is what the currency is designed to do - go exponential once the tipping point is reached and the buying becomes self reinforcing.   Buy BTC now, while the price is low.
full member
Activity: 238
Merit: 100
The early adopters deserve their fortune. They took on the risk back when Bitcoin was new and when its future wasn't clear. In this case, their investments (mining hardware and/or money, time) paid off, but it could've gone either way.

Of course. Nobody is arguing against that.

You're describing this as if the community decided to publicize Bitcoin rather than the press finding interest in it and blowing it up all over the net.


Just some recent thread samples:
Bitcoin Ads - 30 second spots - Updated
The Bitcoin Show on OnlyOneTV.com
Bitcoin iPhone App for FREE!!
Nearly 200 people clicked buy!
Imagine when they start to buy up bitcoin...
Bitcoin Fiat Advertising - Earn BTC for every Bitcoin advertising dollar.

And many more. I'm too tired to list them all, but you get the picture.

Now I agree that the spread of word can not be inhibited, neither should it be. What I am proposing to the "community" is to assert at least some control over the pace and not artificially accelerate in a way which could lead to total loss of integrity.

.

sr. member
Activity: 252
Merit: 251
Build a time machine and tell gold speculators and businessmen in 1800's Klondyke they shouldn't be buying ounces of gold at 70 cents.

They might be worth thousands some day and people would feel jealous.
hero member
Activity: 817
Merit: 1000
Truth is a consensus among neurons www.synereo.com
You're describing this as if the community decided to publicize Bitcoin rather than the press finding interest in it and blowing it up all over the net.


Cheesy, yep Lulzsects didn't have anything to do with the bubble, nothing at all, never a thought, nope nothing

Yeah?
member
Activity: 84
Merit: 10
You're describing this as if the community decided to publicize Bitcoin rather than the press finding interest in it and blowing it up all over the net.


Cheesy, yep Lulzsects didn't have anything to do with the bubble, nothing at all, never a thought, nope nothing
hero member
Activity: 817
Merit: 1000
Truth is a consensus among neurons www.synereo.com
You're describing this as if the community decided to publicize Bitcoin rather than the press finding interest in it and blowing it up all over the net.
eck
newbie
Activity: 18
Merit: 0
The early adopters deserve their fortune. They took on the risk back when Bitcoin was new and when its future wasn't clear. In this case, their investments (mining hardware and/or money, time) paid off, but it could've gone either way.
full member
Activity: 238
Merit: 100
Let me add to this:

I understand that there are a lot of people who not only view the Bitcoin as a viable alternative to the established fiat/banking system, but also have a wish to take revenge.
They see the fiat-central-banking system (rightfully) as corrupt, criminal, happiness-destroying and infinitely unjust. These users experience a personal call to "right" what's wrong and their weapon of disposal is the bitcoin. Driven by emotion, they want to destroy the banking system, and they want to do it now.

However, I must point to satoshi again who seems to be one of the few ones to have the foresight to warn against such behavior.
The bitcoin does have the potential to change the world for good, but this must be done slowly, the momentum has to build up over time. Rushing rapidly into unchecked "growth" or making quick decisions without thinking things through, might bear unforeseeable consequences...

.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
(snip the quote)

Agreed. There is no hurry for bitcoin to grow in price. Slow and careful development of the technology will lead to long term profits for anyone willing to invest the time into bitcoin.
hero member
Activity: 817
Merit: 1000
Truth is a consensus among neurons www.synereo.com
So what you're saying is that you want to be an "early adopter" despite only coming into the game now?

I don't think so. The economy should grow, more participants should join, and the word should be spread to anyone who's willing to listen.
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