Topic: What's the most stupid comment you've heard about bitcoin? - page 14. (Read 11436 times)
"Why do we need bitcoins, we've already got [insert fiat currency of choice here]?"
The King of such statements is
Rawdog-let-ard
YouTube him, but most of you know him already.
Rawdog-let-ard
YouTube him, but most of you know him already.
1.) The guy that posted on youtube saying he has like 4500 btc (and this was back when the value per btc was much higher) and he's like I'm not selling because I know they will hit $10,000 each soon.
2.) People saying bitcoin isn't "safe." Well, neither is walking around a metropolitan area with cash in your wallet if you want to get technical about it...
3.) People saying they think they won't have to pay taxes on their cryptocoin earnings, and all the various dumbass ways/reasons they list that they think are going to exclude them from having to pay taxes on them.
4.) People arguing that there is room in the market for 100+ altcoins to co-exist.
5.) People saying that new coin xyz is going to be (huge/the next bitcoin/over $X in Y amount of time) because it does (insert some small trivial feature here.)
6.) People saying that getting a coin added to several more exchanges will increase the value of the coin. (Hint: the people begging you to vote every few hours on mintpal and petition cryptsy to add a coin and all that crap are people that are holding a SHITLOAD of the coin and they just need more markets open so they can dump higher volume in less time, and they will crash the price when they do so.)
7.) The people making excuses for why they think their decision to buy 2-3 year old cards to mine with makes more sense than buying cutting edge cards that will actually still have value if mining dies out suddenly.
2.) People saying bitcoin isn't "safe." Well, neither is walking around a metropolitan area with cash in your wallet if you want to get technical about it...
3.) People saying they think they won't have to pay taxes on their cryptocoin earnings, and all the various dumbass ways/reasons they list that they think are going to exclude them from having to pay taxes on them.
4.) People arguing that there is room in the market for 100+ altcoins to co-exist.
5.) People saying that new coin xyz is going to be (huge/the next bitcoin/over $X in Y amount of time) because it does (insert some small trivial feature here.)
6.) People saying that getting a coin added to several more exchanges will increase the value of the coin. (Hint: the people begging you to vote every few hours on mintpal and petition cryptsy to add a coin and all that crap are people that are holding a SHITLOAD of the coin and they just need more markets open so they can dump higher volume in less time, and they will crash the price when they do so.)
7.) The people making excuses for why they think their decision to buy 2-3 year old cards to mine with makes more sense than buying cutting edge cards that will actually still have value if mining dies out suddenly.
hero member
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It's all fun and games until somebody loses an eye
I can forgive people who know nothing about Bitcoin for saying dumb things so my pet hate is Bitcoin enthusiasts who bitch and moan about Fractional Reserve Banking.
The most recent examples are the "...MtGox... running a fractional reserve bank" variety
I assume some of this is said in jest but an FRB should be solvent. Illiquid perhaps, but not insolvent.
The most recent examples are the "...MtGox... running a fractional reserve bank" variety
I assume some of this is said in jest but an FRB should be solvent. Illiquid perhaps, but not insolvent.
Other stupid things said by bitcoiners:
"It is impossible for something to be valued higher than all the bitcoins in existence"
"Bitcoin makes it impossible to have interest bearing investments"
I'm torn between:
. Bitcoin is a ponzi scheme
. Bitcoins are like the TULIP MANIA!
. Bitcoin is a ponzi scheme
. Bitcoins are like the TULIP MANIA!
I raise your Tulip one to a comment I read made by an economic expert.
"bitcoins are worse than than Tulips, because when the tulips went bust atleast you still had a tulip, when Bitcoins go bust you will be left with nothing'
That bitcoin got hacked.... 
Tulips
Beanie Babies
Beanie Babies
"Don't fall for this, the CEO of Bitcoin can make as many bitcoins for himself as he likes!" is amongst my favorites of most retarded comments ever.
That's why it's so irresponsible for outfits like coindesk to talk about the bitcoin "devs" reducing the network's transaction fee.
People tend to get quite confused with all this fancy crypto stuff and confused people tend to say funny things when they try to act competent. So, what's the most stupid thing you've heard about bitcoin recently?
The Bloomberg chick
Quote
Here's my concern, because everybody says there's a limited amount of bitcoin out there and only so much can be mined. It's been placed out there and it's not like it's an infinite amount. You know, when you compare it to fed policy and keep printing. Who's to say that some computer experts couldn't put more Bitcoin out there and hack all of that? Right and therefore depress the value as well.
"Don't fall for this, the CEO of Bitcoin can make as many bitcoins for himself as he likes!" is amongst my favorites of most retarded comments ever.
I find it funny and extremely stupid when there are seasoned traders in the stock market calling Bitcoin a Ponzi scheme. They obviously haven't done any sort of research into what Bitcoin is and are speaking from rumors they likely have heard.
my mom yesterday: my computer is slow, it's because of you mining bitcoins!
@studio1one
You win
You win
Unsurprisingly, from Coindesk:
"The bitcoin developers are about to reduce the transaction fees on the bitcoin network"
Wow, that is some impressive failure to understand how Bitcoin works.
"The bitcoin developers are about to reduce the transaction fees on the bitcoin network"
Wow, that is some impressive failure to understand how Bitcoin works.
People tend to get quite confused with all this fancy crypto stuff and confused people tend to say funny things when they try to act competent. So, what's the most stupid thing you've heard about bitcoin recently?
some super wealthy saviour is going to buy mt gox and pay everyone back their losses
I'm so annoyed by "ponzi scheme".
I'm castrated, oops, I meant married.
I honestly advise him to get a pair of balls.
My SO has banned me from buying bitcoin. I watched bitcoin go down to $425 / BTC on coinbase briefly a couple days ago, but I was unable to take advantage of it. My SO has declared, "Bidcoin is just a ponzi scheme cooked up by nerds. If you buy any bidcoin, I will break up with you. I don't sleep with nerds." 
I honestly advise you to get a new SO. And not because of bitcoin. I honestly advise him to get a pair of balls.
Most of the questions in this thread aren't that stupid, they're reasonable things for a complete newcomer to ask. They only become stupid when the answer is given but they refuse to hear it and just hold on to their prejudices.
For example, the how do you turn bitcoin into real currency question. That seems reasonable to me. But sadly a lot of people don't ask questions like that in order to learn, they ask them in order to communicate their pre-existing view. They meant to say: bitcoin isn't real money and is too hard to turn into real money.
When they won't get swayed from their view that's the worst thing.
For example, the how do you turn bitcoin into real currency question. That seems reasonable to me. But sadly a lot of people don't ask questions like that in order to learn, they ask them in order to communicate their pre-existing view. They meant to say: bitcoin isn't real money and is too hard to turn into real money.
When they won't get swayed from their view that's the worst thing.
" How do you turn Bitcoin to real currency ? "
Didn't even read the thread, so it's probably already been mentioned but Ponzi Scheme by far! I can't even count the number of people I've heard say Bitcoin is a Ponzi Scheme! Utterly ridiculous!!
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