Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22947.

NotHatinJustTrollin

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Activity: 462

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★Bitvest.io★ Play Plinko or Invest!

Quote from: shmadz on February 15, 2015, 12:55:19 PM

Quote from: NotLambchop on February 15, 2015, 12:18:27 PM

Quote from: shmadz on February 15, 2015, 12:05:15 PM

...
Bitcoin at least provides an accurate ledger of who owns what. The current system has hopelessly obfuscated ownership of assets in a cascade of derivatives.

I'm glad that you enjoy knowing that 1LolIStolededURCoinzKthxBai has your Bitcoin. Good luck doing anything with that

Haha, Ummm, wut? Did bitcoin get hacked? The protocol got broked?

I control the keys. No one can move the coins but me. If you are uncomfortable with being responsible for the security of your own finances, then by all means, feel free to entrust them to a third party.

Bitcoin is very secure for you if you don't have to move your money around and if you keep it in cold storage HODLING dreaming of riches.
As long as you don't have to use it as a currency (woops) for every-day use, bitcoin is very secure.

Then sure, someone could simply pay less than a billion dollars to attack the network, or pay some miners to form cartels and effectively destroy the network and render your precious cold storage coinz useless destroying confidence in any proof-of-work cryptocurrency, but we don't talk about that.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: shmadz on February 15, 2015, 12:55:19 PM

Quote from: NotLambchop on February 15, 2015, 12:18:27 PM

Quote from: shmadz on February 15, 2015, 12:05:15 PM

...
Bitcoin at least provides an accurate ledger of who owns what. The current system has hopelessly obfuscated ownership of assets in a cascade of derivatives.

I'm glad that you enjoy knowing that 1LolIStolededURCoinzKthxBai has your Bitcoin. Good luck doing anything with that

Haha, Ummm, wut? Did bitcoin get hacked? The protocol got broked?

I control the keys. No one can move the coins but me. If you are uncomfortable with being responsible for the security of your own finances, then by all means, feel free to entrust them to a third party.

No. Bitcoin doesn't need to be hacked for you to lose your coin. Was Bitcoin hacked when Pirate owned you? When TradeFortress owned you? When MagicalTux owned you? When stamp got pwnt? When this, latest "exchange," allegedly got owned?

But sure, your coin is perfectly secure. Just don't try to use it.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

octaft

sr. member

Activity: 476

Merit: 250

Quote from: Wekkel on February 15, 2015, 12:55:03 PM

Quote from: NotHatinJustTrollin on February 15, 2015, 12:51:50 PM

So everyone reading this forum should just believe that a non scalable, irreversible (0 consumer protection), very-easy-to steal, ridiculously volatile, bullshit distributed, china megamines powered pyramid scheme currency is gonna suddenly replace every fiat currency, central bank, need for monetary policy etc?

You bitcoiners ~~don't know how the world works~~ have some wild imagination, I gotta give you that.

Oh well....

“Here's to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square holes. The ones who see things differently. They're not fond of rules. And they have no respect for the status quo. You can quote them, disagree with them, glorify or vilify them. About the only thing you can't do is ignore them. Because they change things. They push the human race forward. And while some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do.”

― Apple Inc

Stop dreaming and thus stop living.

Apple is no stranger to bullshit, that's for sure. Cheesy

Wekkel

legendary

Activity: 3122

Merit: 1538

yes

Quote from: NotHatinJustTrollin on February 15, 2015, 12:56:28 PM

Yeah, but some dreams can be reasonable, some of them are plain delusions.

Yes. I like to see which ones succeed and which ones don't.

NotHatinJustTrollin

full member

Activity: 462

Merit: 107

★Bitvest.io★ Play Plinko or Invest!

Quote from: Wekkel on February 15, 2015, 12:55:03 PM

Quote from: NotHatinJustTrollin on February 15, 2015, 12:51:50 PM

So everyone reading this forum should just believe that a non scalable, irreversible (0 consumer protection), very-easy-to steal, ridiculously volatile, bullshit distributed, china megamines powered pyramid scheme currency is gonna suddenly replace every fiat currency, central bank, need for monetary policy etc?

You bitcoiners ~~don't know how the world works~~ have some wild imagination, I gotta give you that.

Oh well....

“Here's to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square holes. The ones who see things differently. They're not fond of rules. And they have no respect for the status quo. You can quote them, disagree with them, glorify or vilify them. About the only thing you can't do is ignore them. Because they change things. They push the human race forward. And while some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do.”

― Apple Inc

Stop dreaming and thus stop living.

Yeah, but some dreams can be reasonable, some of them are plain delusions.

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

Quote from: NotLambchop on February 15, 2015, 12:18:27 PM

Quote from: shmadz on February 15, 2015, 12:05:15 PM

...
Bitcoin at least provides an accurate ledger of who owns what. The current system has hopelessly obfuscated ownership of assets in a cascade of derivatives.

I'm glad that you enjoy knowing that 1LolIStolededURCoinzKthxBai has your Bitcoin. Good luck doing anything with that

Haha, Ummm, wut? Did bitcoin get hacked? The protocol got broked?

I control the keys. No one can move the coins but me. If you are uncomfortable with being responsible for the security of your own finances, then by all means, feel free to entrust them to a third party.

Wekkel

legendary

Activity: 3122

Merit: 1538

yes

Quote from: NotHatinJustTrollin on February 15, 2015, 12:51:50 PM

So everyone reading this forum should just believe that a non scalable, irreversible (0 consumer protection), very-easy-to steal, ridiculously volatile, bullshit distributed, china megamines powered pyramid scheme currency is gonna suddenly replace every fiat currency, central bank, need for monetary policy etc?

You bitcoiners ~~don't know how the world works~~ have some wild imagination, I gotta give you that.

Oh well....

“Here's to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square holes. The ones who see things differently. They're not fond of rules. And they have no respect for the status quo. You can quote them, disagree with them, glorify or vilify them. About the only thing you can't do is ignore them. Because they change things. They push the human race forward. And while some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do.”

― Apple Inc

Stop dreaming and thus stop living.

12345mm

sr. member

Activity: 406

Merit: 250

Quote from: Wekkel on February 15, 2015, 12:51:11 PM

Quote from: NotLambchop on February 15, 2015, 11:26:12 AM

If thou wilt be perfect, go and sell that thou hast, and give to the poor...

... Verily I say unto you,
That a rich man shall hardly enter into the kingdom of heaven.
And again I say unto you, It is easier for a camel to go through the eye of a needle,
than for a rich man to enter into the kingdom of God.

i weep for the future of humanity ... but you especially ...

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: JimboToronto on February 15, 2015, 12:45:51 PM

...
Price rises by $50, not a peep...
...

And ruin the pump? Who does that?

Andre#

hero member

Activity: 737

Merit: 500

Quote from: hdbuck on February 15, 2015, 09:55:50 AM

truely amazing, the crash is even faster than the rise..

Truly amazing, the crash is even smaller than the rise..

NotHatinJustTrollin

full member

Activity: 462

Merit: 107

★Bitvest.io★ Play Plinko or Invest!

Quote from: shmadz on February 15, 2015, 12:35:53 PM

Quote from: NotHatinJustTrollin on February 15, 2015, 12:10:19 PM

shmadz:

Do you really buy into that r/bitcoin ballistic nutjob manchildren bullshit? For real?
That "fiat is corrupt, bitcoin will save us" stuff is a clumsy attempt to pump bitcoin by late adopters, gullible get-rich quick fools and really bad amateur investors.

And even if you believe that the fiat system is not perfect, bitcoin is a joke in comparison, not a solution.
Everything that surrounds bitcoin and crypto in general is more corrupt that anything I have ever seen in my life. lol

Get off that hopium and kool-aid, son. Seriously.

Yeah, sure, why not?

I don't read reddit, but I've believed that bitcoin provides a mechanism that could provide a way for society to escape from under the clutches of the global central banking cartel ever since I first read the white paper.

If you don't feel the same way I'm not sure why you would bother to read this forum?

So everyone reading this forum should just believe that a non scalable, irreversible (0 consumer protection), very-easy-to steal, ridiculously volatile, bullshit distributed, china megamines powered pyramid scheme currency is gonna suddenly replace every fiat currency, central bank, need for monetary policy etc?

You bitcoiners ~~don't know how the world works~~ have some wild imagination, I gotta give you that.

The fact that you guys can believe whatever you want when dollar signs roll on your eyes thinking of easy riches is one of the reasons why bitcoin was so easy to pump&dump (arguably any uptrend ever seen on bitcoin is a P&D, for somebody who can read a simple chart).
Fairy tales are bad mmkay?

By the way, the fact that someone might even believe in bitcoin (I don't), doesn't mean that he has to buy into that delusional r/bitcoin shit.

Wekkel

legendary

Activity: 3122

Merit: 1538

yes

Quote from: NotLambchop on February 15, 2015, 11:26:12 AM

If thou wilt be perfect, go and sell that thou hast, and give to the poor...

... Verily I say unto you,
That a rich man shall hardly enter into the kingdom of heaven.
And again I say unto you, It is easier for a camel to go through the eye of a needle,
than for a rich man to enter into the kingdom of God.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: JimboToronto on February 15, 2015, 12:45:51 PM

Good morning Bitcoinland.

A little corrective retracement I see.

Not unexpectedly, the trollbears are picnicking again. "See them gayly gad about..."

Price rises by $50, not a peep. $20 correction, it's the death of Bitcoin. LOL

Meanwhile in reality, we're about where we were at this time yesterday.

One thing to note is leveraged longs are up a lot

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

Quote from: tarmi on February 15, 2015, 12:19:35 PM

Quote from: shmadz on February 15, 2015, 12:05:15 PM

Bitcoin at least provides an accurate ledger of who owns what. The current system has hopelessly obfuscated ownership of assets in a cascade of derivatives.

nope, it merely provides transparency, but the ownership is even more obfuscated.

Hmmmm, ok. More specifically, it provides proof of ownership.

If people ever try to cash out of their paper promises en masse, they will find that many of them will end up claiming ownership of the same physical assets. Undeniable proof of ownership is what the blockchain enables, and what makes it interesting.

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Good morning Bitcoinland.

A little corrective retracement I see.

Not unexpectedly, the trollbears are picnicking again. "See them gayly gad about..."

Price rises by $50, not a peep. $20 correction, it's the death of Bitcoin. LOL

Meanwhile in reality, we're about where we were at this time yesterday.

tarmi

legendary

Activity: 1232

Merit: 1011

dust indeed.

Wekkel

legendary

Activity: 3122

Merit: 1538

yes

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: shmadz on February 15, 2015, 12:35:53 PM

...
Yeah, sure, why not?

I don't read reddit, but I've believed that bitcoin provides a mechanism that could provide a way for society to escape from under the clutches of the global central banking cartel ever since I first read the white paper.

Heartbreaking naivete.

Quote

If you don't feel the same way I'm not sure why you would bother to read this forum?

This is where one can turn digital tokens into cash, i.e. shit into Shinola. Profit.

And lulz.

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

Quote from: NotHatinJustTrollin on February 15, 2015, 12:10:19 PM

shmadz:

Do you really buy into that r/bitcoin ballistic nutjob manchildren bullshit? For real?
That "fiat is corrupt, bitcoin will save us" stuff is a clumsy attempt to pump bitcoin by late adopters, gullible get-rich quick fools and really bad amateur investors.

And even if you believe that the fiat system is not perfect, bitcoin is a joke in comparison, not a solution.
Everything that surrounds bitcoin and crypto in general is more corrupt that anything I have ever seen in my life. lol

Get off that hopium and kool-aid, son. Seriously.

Yeah, sure, why not?

I don't read reddit, but I've believed that bitcoin provides a mechanism that could provide a way for society to escape from under the clutches of the global central banking cartel ever since I first read the white paper.

If you don't feel the same way I'm not sure why you would bother to read this forum?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22947. (Read 26720744 times)