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Topic: We are at "THE" ATH - page 2. (Read 3859 times)

full member
Activity: 196
Merit: 100
December 22, 2013, 11:27:21 AM
#25
no fud, just another troll who happens to have more than five posts. no subtlety at all.
well fud you, and fud you too lloydie
sr. member
Activity: 308
Merit: 251
Giga
December 22, 2013, 10:46:47 AM
#24
the rats thing was just an analogy he used to explain what an S curve is it wasn't to compare bitcoin. You need to give it a chance and watch further were he analyses Twitter and Facebook Vertical growth period compared to bitcoin. The price is irrelevant to this topic, what you were concerned about is market saturation / peak growth a point which we haven't reached yet with Bitcoin.
vertical growth compared to bitcoin? bitcoin hasn't had any vertical growth. did you see my chart that I posted in my last post? how do you know we are not at saturation yet? just because your auntie and grandma don't use bitcoin then you assume we are not at saturation. Breaking news bud, they are never going to use bitcoin  Shocked  if you seriously thnk they will, then you need to dunk your head a few times in bucket of iced water and then we continue below ok?

- Exactly, Bitcoin hasn't witnessed any vertical growth, because we haven't seen that level of growth it "yet"
- Infrastructure developments and Large scale investments are JUST getting started, we haven't witnessed years and years of investments & infrastructure development.
- Awarness is still low, adoption even lower how can it be the end? Bitcoin provides too many opportunities against traditional money systems and transfer that can't be ignored.
- From an investment asset perspective, there is still huge room for price and demand growth. Second market fund is only the start, funds all around the world will pop up (most other assets are dead with low returns).
- Yes Bitcoin value can be killed, but only by external factors mainly due to complete government ban, hopefully it ends with the Chinese (this is always a lingering risk that we have to accept)


Personally i think we're going to see Bitcoin's vertical Growth in 2014-2015, we haven't reached peak / saturation yet as much as it might feel to anyone holding Bitcoin at the moment.
legendary
Activity: 2268
Merit: 1278
December 22, 2013, 10:45:55 AM
#23
no fud, just another troll who happens to have more than five posts. no subtlety at all.
full member
Activity: 140
Merit: 100
December 22, 2013, 10:31:25 AM
#22
the rats thing was just an analogy he used to explain what an S curve is it wasn't to compare bitcoin. You need to give it a chance and watch further were he analyses Twitter and Facebook Vertical growth period compared to bitcoin. The price is irrelevant to this topic, what you were concerned about is market saturation / peak growth a point which we haven't reached yet with Bitcoin.
vertical growth compared to bitcoin? bitcoin hasn't had any vertical growth. did you see my chart that I posted in my last post? how do you know we are not at saturation yet? just because your auntie and grandma don't use bitcoin then you assume we are not at saturation. Breaking news bud, they are never going to use bitcoin  Shocked  if you seriously thnk they will, then you need to dunk your head a few times in bucket of iced water and then we continue below ok?

FUD

See https://blockchain.info/charts/n-transactions-total?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
full member
Activity: 196
Merit: 100
December 22, 2013, 10:24:51 AM
#21
the rats thing was just an analogy he used to explain what an S curve is it wasn't to compare bitcoin. You need to give it a chance and watch further were he analyses Twitter and Facebook Vertical growth period compared to bitcoin. The price is irrelevant to this topic, what you were concerned about is market saturation / peak growth a point which we haven't reached yet with Bitcoin.
vertical growth compared to bitcoin? bitcoin hasn't had any vertical growth. did you see my chart that I posted in my last post? how do you know we are not at saturation yet? just because your auntie and grandma don't use bitcoin then you assume we are not at saturation. Breaking news bud, they are never going to use bitcoin  Shocked  if you seriously thnk they will, then you need to dunk your head a few times in bucket of iced water and then we continue below ok?
sr. member
Activity: 308
Merit: 251
Giga
December 22, 2013, 09:25:39 AM
#20
This video should clarify your concerns about why we are still not at the saturation point for Bitcoin:

http://www.youtube.com/watch?v=qHUPPYzzZrI
I clicked on the link and was prepared to watch it, but after 30 seconds the presenter made a FUNDAMENTAL error. he was going to compare growth of bitcoin to natural populatin like rats on an island and then saying that bitcoin's PRICE GROWTH of 1000% was natural. I stopped 2 seconds later. DUDE YOU CAN'T MEASURE BITCOIN AS AN IDEA IN TERMS OF ITS PRICE ON AN EXCHANGE!!!! you have to measyre things like real transaction volume buying trade goods. look at this chart showing trade volume does this show you 1000% growth? the person in that video is either fucking stupid or he is vested and just wants others to buy loads so that he can cash out.

http://blockchain.info/charts/estimated-transaction-volume?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

the rats thing was just an analogy he used to explain what an S curve is it wasn't to compare bitcoin. You need to give it a chance and watch further were he analyses Twitter and Facebook Vertical growth period compared to bitcoin. The price is irrelevant to this topic, what you were concerned about is market saturation / peak growth a point which we haven't reached yet with Bitcoin.
full member
Activity: 196
Merit: 100
December 22, 2013, 09:13:45 AM
#19
This video should clarify your concerns about why we are still not at the saturation point for Bitcoin:

http://www.youtube.com/watch?v=qHUPPYzzZrI
I clicked on the link and was prepared to watch it, but after 30 seconds the presenter made a FUNDAMENTAL error. he was going to compare growth of bitcoin to natural populatin like rats on an island and then saying that bitcoin's PRICE GROWTH of 1000% was natural. I stopped 2 seconds later. DUDE YOU CAN'T MEASURE BITCOIN AS AN IDEA IN TERMS OF ITS PRICE ON AN EXCHANGE!!!! you have to measyre things like real transaction volume buying trade goods. look at this chart showing trade volume does this show you 1000% growth? the person in that video is either fucking stupid or he is vested and just wants others to buy loads so that he can cash out.

http://blockchain.info/charts/estimated-transaction-volume?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
December 22, 2013, 09:04:01 AM
#18
I'm ware of amway, and many other similar mlm/network marketing schemes like sky biz, gold quest, etc. They were all pyramid schemes in the purest form, selling mostly overpriced garbage (although they posed excellent presentation and sales skills).

This video should clarify your concerns about why we are still not at the saturation point for Bitcoin:

http://www.youtube.com/watch?v=qHUPPYzzZrI

Here is why we are at the saturation point, or close to it.
http://www.youtube.com/watch?v=jBbLpxLglz0
http://www.youtube.com/watch?v=xcaltexImW0
sr. member
Activity: 308
Merit: 251
Giga
December 22, 2013, 08:58:49 AM
#17
I'm ware of amway, and many other similar mlm/network marketing schemes like sky biz, gold quest, etc. They were all pyramid schemes in the purest form, selling mostly overpriced garbage (although they posed excellent presentation and sales skills).

This video should clarify your concerns about why we are still not at the saturation point for Bitcoin:

http://www.youtube.com/watch?v=qHUPPYzzZrI
full member
Activity: 196
Merit: 100
December 22, 2013, 08:43:10 AM
#16
I think you mean the other way around.  But anyway, I don't quite understand the message.  What if we've reached bitcoin's saturation point?  Well, then we've reached the saturation point.  I don't know what else can be said about it.  I guess, if this market cap is the end point, then I expect bitcoin will slowly devalue over time since it's not large enough and deep enough to be a reliable store of value, etc, etc.
nuff said, you said it all brother
legendary
Activity: 2198
Merit: 1311
December 22, 2013, 08:38:39 AM
#15
I think AMWAY fell due to the amount of typo's in your OP.
tut tut attacking the message and not the messenger now are we yip yip  Roll Eyes

I think you mean the other way around.  But anyway, I don't quite understand the message.  What if we've reached bitcoin's saturation point?  Well, then we've reached the saturation point.  I don't know what else can be said about it.  I guess, if this market cap is the end point, then I expect bitcoin will slowly devalue over time since it's not large enough and deep enough to be a reliable store of value, etc, etc.
full member
Activity: 196
Merit: 100
December 22, 2013, 08:37:03 AM
#14

Your AMWAY? Nobody heard about it, nobody discussed it at gov't hearings, just another ponzi. There's one born every day.
I think that is not correct brother. I thin the us govmint tried to prosecute AMWAY as a pyramid scheme but amway won and the case itself helped to define legally what was and was not a pyramid/ponzi scheme.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
December 22, 2013, 08:30:41 AM
#13
step 1 - several people heard about amway
step 2 - several people are using amway, many have heard
step 3 - many are using, most have heard
step 4 - most are using

FTFY

And no, we are not at the maximum level of adoption that bitcoin has seen. We are, in the most pessimistic scenario, at 1% of that.
Also true with Amway. Pretty much all of the civilized world uses dishwasher, soaps or shower gels and cleaning agents.
legendary
Activity: 1176
Merit: 1010
Borsche
December 22, 2013, 07:53:02 AM
#12
I think AMWAY fell due to the amount of typo's in your OP.
tut tut attacking the message and not the messenger now are we yip yip  Roll Eyes

it is the other way around I think. the way you say it is the proper way.

And no, we are not at the maximum level of adoption that bitcoin has seen. We are, in the most pessimistic scenario, at 1% of that.

step 1 - several people heard about bitcoin
step 2 - several people are using bitcoin, many have heard
step 3 - many are using, most have heard
step 4 - most are using

We are at step 2 now. If bitcoin reaches at least step 3, it will grow 100-fold. Step 4, an optimistic scenario, sky is the limit. I don't see any reason for bitcoin to die now, since there's quite alot of interest from top financial managers around the world.

Your AMWAY? Nobody heard about it, nobody discussed it at gov't hearings, just another ponzi. There's one born every day.
full member
Activity: 196
Merit: 100
December 22, 2013, 07:50:21 AM
#11
Really?  No, you were the only one who believed that.  Everyone else saw Amway for what it was...another door to door/MLM/pyramid type sales of a product that no one really wants/needs.  Just like Acai juice, herbalife, and all the others.  I was like 12 when a friends father who was retired got into Amway, and even then, at 12 years old, we all knew it was a joke.  It sounds to me like you don't really understand what either Amway or Bitcoin really are.  No comparison.  End of thread.

And btw Amway has been around a lot longer than 15 years
haha, you a member of the genral public?? you thick enough to be. go get your reading glasses and read me post again. i was saying that i am seeing the same level of cultism and blind belief that i saw in Amway as I see in you and others mooners on here. i too think Amway is a crap idea by the time i left it. also where did i say amway was 15 years old? i said i joined it 15 years ago you biscuit!
legendary
Activity: 2268
Merit: 1278
December 22, 2013, 07:46:33 AM
#10
Thinking way too small. What if we have a GLOBAL EMP! Then what?! BITCOIN IS DOOMED SELL SELL SELL RIGHT AWAY!1!
newbie
Activity: 15
Merit: 0
December 22, 2013, 07:41:48 AM
#9
everybody who was IN thought that it would change completly the world of marketing and commerce and retailing. AMWAY was gonna rewrite the script and rip new assholes for walmart etc. you saw what happend. NOTHING and i mean NOTHING would dampen the enthusion felt by the amwayers.

Really?  No, you were the only one who believed that.  Everyone else saw Amway for what it was...another door to door/MLM/pyramid type sales of a product that no one really wants/needs.  Just like Acai juice, herbalife, and all the others.  I was like 12 when a friends father who was retired got into Amway, and even then, at 12 years old, we all knew it was a joke.  It sounds to me like you don't really understand what either Amway or Bitcoin really are.  No comparison.  End of thread.

And btw Amway has been around a lot longer than 15 years
legendary
Activity: 4270
Merit: 1313
December 22, 2013, 07:29:42 AM
#8
Amway has been around since 1959.  Those who joined 15 years ago, we're late adopters.  It has made lots of people lots of money, bitcoin is not a multilevel marketing scheme though.
full member
Activity: 196
Merit: 100
December 22, 2013, 07:10:41 AM
#7
I think AMWAY fell due to the amount of typo's in your OP.
tut tut attacking the message and not the messenger now are we yip yip  Roll Eyes
legendary
Activity: 1652
Merit: 1265
December 22, 2013, 07:03:29 AM
#6
I think AMWAY fell due to the amount of typo's in your OP.
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