Topic: Why do people still think we can make it past 1000 anytime soon? - page 2. (Read 5682 times)

Quote from: Zapffe on March 18, 2014, 07:23:20 PM

And you didn't understand that the whole point was, that you can't prove who are the owners of the coins in existence. The owners could be vampires, they could be aliens or they could even be squirrels with high levels of intelligence, caused by mutation from nuclear waste.
The point here is, that most of the bitcoin owners are not known.

Are all gold owners known, got documentation?

You are comparing a best known precious metal, that has a history of thousands of years of ownership and that's biggest stockpiles are registered, to an cryptocurrency with a history of 5 years with most of it involving drug trade and without virtually any registered ownership.

When you seriously believe that it's a suitable comparison, then try to read the same thing over couple of more times. If that doesn't help, then give yourself a good pat on the shoulder and rest with certainty that gold is just as fragile as bitcoin.

You don't answer my question, are large particular gold holders documentated in a database?

Yes they are: http://en.wikipedia.org/wiki/Gold_reserve

Are you ready to give yourself a good pat on the shoulder, that there probably are also a lot of secret gold storages that was digged by The Annunaki while enslaving the human race, and therefor... gold is just as fragile as bitcoin! What makes gold especially as fragile as bitcoin, is that it also has lot's of intrinsic value in electronics and jewelry.

I bet all the big shots in Wall Street see the things just as you.
So, nothing to see here, nothing to worry about. Bitcoin is as strong as gold or god, or an golden god!

Cyberlight

sr. member

Activity: 308

Merit: 250

Quote from: Cyberlight on March 18, 2014, 07:16:04 PM

Quote from: windjc on March 18, 2014, 07:18:52 PM

And you didn't understand that the whole point was, that you can't prove who are the owners of the coins in existence. The owners could be vampires, they could be aliens or they could even be squirrels with high levels of intelligence, caused by mutation from nuclear waste.
The point here is, that most of the bitcoin owners are not known.

Are all gold owners known, got documentation?

You are comparing a best known precious metal, that has a history of thousands of years of ownership and that's biggest stockpiles are registered, to an cryptocurrency with a history of 5 years with most of it involving drug trade and without virtually any registered ownership.

When you seriously believe that it's a suitable comparison, then try to read the same thing over couple of more times. If that doesn't help, then give yourself a good pat on the shoulder and rest with certainty that gold is just as fragile as bitcoin.

You don't answer my question, are large particular gold holders documentated in a database?

Zapffe

newbie

Activity: 28

Merit: 0

Quote from: Zapffe on March 18, 2014, 07:16:27 PM

Quote from: windjc on March 18, 2014, 06:59:44 PM

Quote from: Cyberlight on March 18, 2014, 10:32:14 AM

Quote from: Cyberlight on March 18, 2014, 07:16:04 PM

Why people still think we can make it past 1000 anytime soon?

Wall street.

I think that ETF will be the final hope for bitcoin cultists. The final hope that there still is a reason for the price to rise. This hope will probably diminish painfully slowly. Bitcoin will probably not succeed in Wall Street and the reason is simple: most of the bitcoin owners are not known, and with all probability are criminals like drug dealers or computer crackers from the Tor Web days. Regulators will never let this go through, because when some "early adopter from silkroad" dumps 1mil BTC, and the price drops to 1 cent in minutes, then what will people do? Of course blame the regulators and the government for enabling criminals to infiltrate an honest exchange.

I think this post is incorrect on many levels and in many ways. It's full of all kinds of wrong

I think that you probably felt physical pain when you imagined this scenario.
It's alright *in an comforting voice*. Bitcoin will succeed with ETF, and the entire world will start to invest in bitcoin. You'll be rich beyond dreams, and all while having no education or even having to do any work. Everyone will buy bitcoins because they are just so stupid, that they like to make your coins more expensive for the sheer fun of it. People just will be this dumb, that they can't figure out that they can actually start using alternatives, that doesn't include filling your pockets. It's alright, boy.. it's alright.. there's no pain anymore..

Boy, you come in here with a gun loaded with weak sauce.

You can do better. ETFs, Wall Street, 1 million bitcoins. Lol. Funny stuff.

Yes, all extremely funny. I bet that you are banging your fist on the table out of pure laughter on how funny it all was. Now you can rest in peace with certainty, that all the people from Wall Street are indeed people with intellectual disability, and they will buy bitcoins just to make your coins more expensive.

Ha. You're so lost you don't even have a clue what I believe. But keep shooting in the dark, it's entertaining.

I think that mister Hercule Poirot could solve the dark mystery on what you believe in. Some could say that you believe in bitcoin, but it doesn't show at all!

nickenburg

sr. member

Activity: 434

Merit: 511

I think, Because the worst news is behind us now.
We didnt really see a super big drop with all that bad gox news.
And now its just a steady race back up again.
Soon people get vacation money and it is time to invest again.
Im sure more and more people are seeing bitcoin newsarticles, and are getting interested to.
So thatshy I think we are gonna see 1000 soon again.

Zapffe

newbie

Activity: 28

Merit: 0

Quote from: Zapffe on March 18, 2014, 07:16:27 PM

And you didn't understand that the whole point was, that you can't prove who are the owners of the coins in existence. The owners could be vampires, they could be aliens or they could even be squirrels with high levels of intelligence, caused by mutation from nuclear waste.
The point here is, that most of the bitcoin owners are not known.

Are all gold owners known, got documentation?

You are comparing the best known precious metal, that has a history of thousands of years of ownership and that's biggest stockpiles are registered, to an cryptocurrency with a history of 5 years with most of it involving drug trade and without virtually any registered ownership.

When you seriously believe that it's a suitable comparison, then try to read the same thing over couple of more times. If that doesn't help, then give yourself a good pat on the shoulder and rest with certainty that gold is just as fragile as bitcoin.

escrow.ms

legendary

Activity: 1274

Merit: 1004

Check new registrations count, its above 35k till now. Last months total registration were 25k. So i guess fresh air is coming and it will take us to the moon soon.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: windjc on March 18, 2014, 06:59:44 PM

Quote from: Cyberlight on March 18, 2014, 10:32:14 AM

Quote from: windjc on March 18, 2014, 06:59:44 PM

Why people still think we can make it past 1000 anytime soon?

Wall street.

I think that ETF will be the final hope for bitcoin cultists. The final hope that there still is a reason for the price to rise. This hope will probably diminish painfully slowly. Bitcoin will probably not succeed in Wall Street and the reason is simple: most of the bitcoin owners are not known, and with all probability are criminals like drug dealers or computer crackers from the Tor Web days. Regulators will never let this go through, because when some "early adopter from silkroad" dumps 1mil BTC, and the price drops to 1 cent in minutes, then what will people do? Of course blame the regulators and the government for enabling criminals to infiltrate an honest exchange.

I think this post is incorrect on many levels and in many ways. It's full of all kinds of wrong

I think that you probably felt physical pain when you imagined this scenario.
It's alright *in an comforting voice*. Bitcoin will succeed with ETF, and the entire world will start to invest in bitcoin. You'll be rich beyond dreams, and all while having no education or even having to do any work. Everyone will buy bitcoins because they are just so stupid, that they like to make your coins more expensive for the sheer fun of it. People just will be this dumb, that they can't figure out that they can actually start using alternatives, that doesn't include filling your pockets. It's alright, boy.. it's alright.. there's no pain anymore..

Boy, you come in here with a gun loaded with weak sauce.

You can do better. ETFs, Wall Street, 1 million bitcoins. Lol. Funny stuff.

Yes, all extremely funny. I bet that you are banging your fist on the table out of pure laughter on how funny it all was. Now you can rest in peace with certainty, that all the people from Wall Street are indeed people with intellectual disability, and they will buy bitcoins just to make your coins more expensive.

Ha. You're so lost you don't even have a clue what I believe. But keep shooting in the dark, it's entertaining.

Zapffe

newbie

Activity: 28

Merit: 0

Quote from: Cyberlight on March 18, 2014, 10:32:14 AM

Why people still think we can make it past 1000 anytime soon?

Wall street.

I think that ETF will be the final hope for bitcoin cultists. The final hope that there still is a reason for the price to rise. This hope will probably diminish painfully slowly. Bitcoin will probably not succeed in Wall Street and the reason is simple: most of the bitcoin owners are not known, and with all probability are criminals like drug dealers or computer crackers from the Tor Web days. Regulators will never let this go through, because when some "early adopter from silkroad" dumps 1mil BTC, and the price drops to 1 cent in minutes, then what will people do? Of course blame the regulators and the government for enabling criminals to infiltrate an honest exchange.

I think this post is incorrect on many levels and in many ways. It's full of all kinds of wrong

I think that you probably felt physical pain when you imagined this scenario.
It's alright *in an comforting voice*. Bitcoin will succeed with ETF, and the entire world will start to invest in bitcoin. You'll be rich beyond dreams, and all while having no education or even having to do any work. Everyone will buy bitcoins because they are just so stupid, that they like to make your coins more expensive for the sheer fun of it. People just will be this dumb, that they can't figure out that they can actually start using alternatives, that doesn't include filling your pockets. It's alright, boy.. it's alright.. there's no pain anymore..

Boy, you come in here with a gun loaded with weak sauce.

You can do better. ETFs, Wall Street, 1 million bitcoins. Lol. Funny stuff.

Yes, all extremely funny. I bet that you are banging your fist on the table out of pure laughter on how funny it all was. Now you can rest in peace with certainty, that all the people from Wall Street are indeed people with intellectual disability, and they will buy bitcoins just to make your coins more expensive.

Cyberlight

sr. member

Activity: 308

Merit: 250

Quote from: Cyberlight on March 18, 2014, 06:22:35 PM

And you didn't understand that the whole point was, that you can't prove who are the owners of the coins in existence. The owners could be vampires, they could be aliens or they could even be squirrels with high levels of intelligence, caused by mutation from nuclear waste.
The point here is, that most of the bitcoin owners are not known.

Are all gold owners known, documentation?

Zapffe

newbie

Activity: 28

Merit: 0

because when some "early adopter from silkroad" dumps 1mil BTC, and the price drops to 1 cent in minutes, then what will people do? Of course blame the regulators and the government for enabling criminals to infiltrate an honest exchange.

Can you prove that?

blockchain adresses.. otherwise fud.

If anyone has one million BTC, why would they dump anyway? That makes no sense at all, they make pennies in that case

Instead of hundreds of millions.

And you didn't understand that the whole point was, that you can't prove who are the owners of the coins in existence. The owners could be vampires, they could be aliens or they could even be squirrels with high levels of intelligence, caused by mutation from nuclear waste.
The point here is, that most of the bitcoin owners are not known. And when considering bitcoins history, then there is a strong probability, that the biggest holders could actually be criminals, who earned BTC by their criminal activity.
Taking this probability into account, is a justified risk assessment that will be made by anyone who is any good with investments.

Not all people see that bitcoin as the god's cure for finance and how it will last for tens or hundreds of years. Some people see bitcoin as an temporal phenomenon, and could just be waiting for the right time, when they see that there is no more potential for growth, and then they strike to take it all.

When you're emotionally attached to bitcoin, then you don't see these risks. But when you care about wealth in general, and have basic knowledge about dealing with wealth, then you will surely care about these risks.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: Cyberlight on March 18, 2014, 10:32:14 AM

Quote from: CoinRocka on March 18, 2014, 08:17:24 AM

Why people still think we can make it past 1000 anytime soon?

Wall street.

I think that ETF will be the final hope for bitcoin cultists. The final hope that there still is a reason for the price to rise. This hope will probably diminish painfully slowly. Bitcoin will probably not succeed in Wall Street and the reason is simple: most of the bitcoin owners are not known, and with all probability are criminals like drug dealers or computer crackers from the Tor Web days. Regulators will never let this go through, because when some "early adopter from silkroad" dumps 1mil BTC, and the price drops to 1 cent in minutes, then what will people do? Of course blame the regulators and the government for enabling criminals to infiltrate an honest exchange.

I think this post is incorrect on many levels and in many ways. It's full of all kinds of wrong

I think that you probably felt physical pain when you imagined this scenario.
It's alright *in an comforting voice*. Bitcoin will succeed with ETF, and the entire world will start to invest in bitcoin. You'll be rich beyond dreams, and all while having no education or even having to do any work. Everyone will buy bitcoins because they are just so stupid, that they like to make your coins more expensive for the sheer fun of it. People just will be this dumb, that they can't figure out that they can actually start using alternatives, that doesn't include filling your pockets. It's alright, boy.. it's alright.. there's no pain anymore..

Boy, you come in here with a gun loaded with weak sauce.

You can do better. ETFs, Wall Street, 1 million bitcoins. Lol. Funny stuff.

SilverandBitcoins

full member

Activity: 187

Merit: 100

Blockchain.info not helping.

? What is up with Blockchain.info? I don't understand?

Cyberlight

sr. member

Activity: 308

Merit: 250

Quote from: Bit_Happy on March 18, 2014, 04:21:41 PM

because when some "early adopter from silkroad" dumps 1mil BTC, and the price drops to 1 cent in minutes, then what will people do? Of course blame the regulators and the government for enabling criminals to infiltrate an honest exchange.

Can you prove that?

blockchain adresses.. otherwise fud.

If anyone has one million BTC, why would they dump anyway? That makes no sense at all, they make pennies in that case

Instead of hundreds of millions.

bitleif

sr. member

Activity: 351

Merit: 250

I'm always grumpy in the morning.

If we follow the current pattern, expect the next jump up to be in September, to about 3-5K.

Zapffe

newbie

Activity: 28

Merit: 0

Quote from: Zapffe on March 18, 2014, 04:14:51 PM

Quote from: Bit_Happy on March 18, 2014, 04:06:58 PM

Quote from: ErisDiscordia on March 18, 2014, 03:13:42 PM

Quote from: Cyberlight on March 18, 2014, 10:32:14 AM

Quote from: Zapffe on March 18, 2014, 04:14:51 PM

Why people still think we can make it past 1000 anytime soon?

Wall street.

I think that ETF will be the final hope for bitcoin cultists. The final hope that there still is a reason for the price to rise. This hope will probably diminish painfully slowly. Bitcoin will probably not succeed in Wall Street and the reason is simple: most of the bitcoin owners are not known, and with all probability are criminals like drug dealers or computer crackers from the Tor Web days. Regulators will never let this go through, because when some "early adopter from silkroad" dumps 1mil BTC, and the price drops to 1 cent in minutes, then what will people do? Of course blame the regulators and the government for enabling criminals to infiltrate an honest exchange.

I was going to provide a well-meant rebuttal, but the bolded part of your post has disqualified your post from serious consideration.

Can Zapffe tell us why he is even posting here?
So we can be reminded we are bitcoin cultists?
Why Zapffe, what motivates you to login and post?

Because the religious jackasses are slowing down the evolution of both technology and finance.

I was going to provide a well-formed reply, but the bolded part of your post has disqualified your quote from any consideration. Cheesy

I probably missed something, that was both intelligent and original at the same time.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: Bit_Happy on March 18, 2014, 04:06:58 PM

Quote from: ErisDiscordia on March 18, 2014, 03:13:42 PM

Quote from: Cyberlight on March 18, 2014, 10:32:14 AM

Quote from: Bit_Happy on March 18, 2014, 04:06:58 PM

Why people still think we can make it past 1000 anytime soon?

Wall street.

I think that ETF will be the final hope for bitcoin cultists. The final hope that there still is a reason for the price to rise. This hope will probably diminish painfully slowly. Bitcoin will probably not succeed in Wall Street and the reason is simple: most of the bitcoin owners are not known, and with all probability are criminals like drug dealers or computer crackers from the Tor Web days. Regulators will never let this go through, because when some "early adopter from silkroad" dumps 1mil BTC, and the price drops to 1 cent in minutes, then what will people do? Of course blame the regulators and the government for enabling criminals to infiltrate an honest exchange.

I was going to provide a well-meant rebuttal, but the bolded part of your post has disqualified your post from serious consideration.

Can Zapffe tell us why he is even posting here?
So we can be reminded we are bitcoin cultists?
Why Zapffe, what motivates you to login and post?

Because the religious jackasses are slowing down the evolution of both technology and finance.

I was going to provide a well-formed reply, but the bolded part of your post has disqualified your quote from any consideration. Cheesy

Zapffe

newbie

Activity: 28

Merit: 0

Quote from: ErisDiscordia on March 18, 2014, 03:13:42 PM

Quote from: Cyberlight on March 18, 2014, 10:32:14 AM

Quote from: ErisDiscordia on March 18, 2014, 03:13:42 PM

Why people still think we can make it past 1000 anytime soon?

Wall street.

I think that ETF will be the final hope for bitcoin cultists. The final hope that there still is a reason for the price to rise. This hope will probably diminish painfully slowly. Bitcoin will probably not succeed in Wall Street and the reason is simple: most of the bitcoin owners are not known, and with all probability are criminals like drug dealers or computer crackers from the Tor Web days. Regulators will never let this go through, because when some "early adopter from silkroad" dumps 1mil BTC, and the price drops to 1 cent in minutes, then what will people do? Of course blame the regulators and the government for enabling criminals to infiltrate an honest exchange.

I was going to provide a well-meant rebuttal, but the bolded part of your post has disqualified your post from serious consideration.

Can Zapffe tell us why he is even posting here?
So we can be reminded we are bitcoin cultists?
Why Zapffe, what motivates you to login and post?

Because the religious jackasses are slowing down the evolution of both technology and finance.

Zapffe

newbie

Activity: 28

Merit: 0

Quote from: Cyberlight on March 18, 2014, 10:32:14 AM

Quote from: ErisDiscordia on March 18, 2014, 03:13:42 PM

Why people still think we can make it past 1000 anytime soon?

Wall street.

I think that ETF will be the final hope for bitcoin cultists. The final hope that there still is a reason for the price to rise. This hope will probably diminish painfully slowly. Bitcoin will probably not succeed in Wall Street and the reason is simple: most of the bitcoin owners are not known, and with all probability are criminals like drug dealers or computer crackers from the Tor Web days. Regulators will never let this go through, because when some "early adopter from silkroad" dumps 1mil BTC, and the price drops to 1 cent in minutes, then what will people do? Of course blame the regulators and the government for enabling criminals to infiltrate an honest exchange.

I was going to provide a well-meant rebuttal, but the bolded part of your post has disqualified your post from serious consideration.

Yes! Especially because you can easily account the ownership all the existing Bitcoins (12,530,375 and counting). That is the reason why you can be absolutely sure, that 1mil.+ bitcoins aren't owned by a single successful drug dealer from Silk Roads. Especially because you know how most of the drugs were sold by many different individuals, without a single entity using different users accounts. And also, knowing that Dread Pirate Roberts made at least 174,000 BTC with commission, then it couldn't be that someone made even more with sales. And anyway, it isn't possible that the 174k coins were only those that were found by FBI, because it's especially hard to hide your private keys.
How the hell could someone take this into serious consideration. Maybe if someone is not an bitcoin cultist and has the ability to think? Could be.. could be... who knows... who knows..

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: Cyberlight on March 18, 2014, 10:32:14 AM

Why people still think we can make it past 1000 anytime soon?

Wall street.

I think that ETF will be the final hope for bitcoin cultists. The final hope that there still is a reason for the price to rise. This hope will probably diminish painfully slowly. Bitcoin will probably not succeed in Wall Street and the reason is simple: most of the bitcoin owners are not known, and with all probability are criminals like drug dealers or computer crackers from the Tor Web days. Regulators will never let this go through, because when some "early adopter from silkroad" dumps 1mil BTC, and the price drops to 1 cent in minutes, then what will people do? Of course blame the regulators and the government for enabling criminals to infiltrate an honest exchange.

I was going to provide a well-meant rebuttal, but the bolded part of your post has disqualified your post from serious consideration.

Can Zapffe tell us why he is even posting here?
So we can be reminded we are bitcoin cultists?
Why Zapffe, what motivates you to login and post?

ErisDiscordia

legendary

Activity: 1133

Merit: 1163

Imposition of ORder = Escalation of Chaos

Quote from: Cyberlight on March 18, 2014, 10:32:14 AM