Bitcoin Forum

Economy => Speculation => Topic started by: jimbobway on March 05, 2013, 09:57:39 PM



Title: WallStreet Day Traders Going Nuts
Post by: jimbobway on March 05, 2013, 09:57:39 PM
Wall Street day traders stumbling onto bitcoin are going nuts.  They don't understand bitcoin so they are quick to dismiss it.  I think that they feel they missed the boat so they are in major denial at this point in time.  It's like going through the 5 stages of grief.  Denial->Anger->Bargaining->Depression->Acceptance

I think most are in the denial and anger phase when they see the bitcoin chart.  Once acceptance stage is reached they will buy bitcoins.

Day Trade Show (Denial/Anger):
https://www.youtube.com/watch?v=8jCN9hiEZq0&list=UUar63hrH-Uti1eOehga_cEg&index=2

Is Bitcoin Money (Denial):
http://monetary-metals.com/is-bitcoin-money/


Title: Re: WallStreet Day Traders Going Nuts
Post by: steamboat on March 05, 2013, 10:06:56 PM
The first link sounds like the bald guy who talked shit about bitcoin a few months ago.


Title: Re: WallStreet Day Traders Going Nuts
Post by: tvbcof on March 05, 2013, 10:16:50 PM
The first link sounds like the bald guy who talked shit about bitcoin a few months ago.

You mean that rawdog dork?  The subject of ~yoya's very funny icon thing?  I forgot all about that guy.



Title: Re: WallStreet Day Traders Going Nuts
Post by: Mike Christ on March 05, 2013, 10:19:58 PM
Oh, you guys.  Bitcoin is just silly WoW money for nerds.

Seriously, do you guys even lift?  :P


Title: Re: WallStreet Day Traders Going Nuts
Post by: myself on March 05, 2013, 10:22:31 PM
 ;D
since the second link involves mises regression theorem i leave this links in here http://mises.org/humanaction/chap17sec4.asp
http://mises.org/Community/forums/t/25411.aspx


Title: Re: WallStreet Day Traders Going Nuts
Post by: tvbcof on March 05, 2013, 10:27:17 PM
Wall Street day traders stumbling onto bitcoin are going nuts.  They don't understand bitcoin so they are quick to dismiss it.  I think that they feel they missed the boat so they are in major denial at this point in time.  It's like going through the 5 stages of grief.  Denial->Anger->Bargaining->Depression->Acceptance

I think most are in the denial and anger phase when they see the bitcoin chart.  Once acceptance stage is reached they will buy bitcoins.

Day Trade Show (Denial/Anger):
https://www.youtube.com/watch?v=8jCN9hiEZq0&list=UUar63hrH-Uti1eOehga_cEg&index=2

Is Bitcoin Money (Denial):
http://monetary-metals.com/is-bitcoin-money/


I made it through a few minutes of the first before killing the tab.

I doubt that the second buy had any hair on his balls when I started buying PM's.  A fair number of these PM 'professional' got in pretty late and missed much of the early part of the current uptrend.  And most of them, like this guy, are pretty retarded when it comes to conceptualizing Bitcoin.  This surprises me a bit since to me gold and Bitcoin somewhere between siblings and close cousins on the monetary world.  I guess that my focus on understanding computer science continues to pay off.



Title: Re: WallStreet Day Traders Going Nuts
Post by: creativex on March 05, 2013, 10:40:59 PM
The guy says "I get it" then says something about BTC enabling him to buy wool socks... ::)

I don't think he does actually "get it".


Title: Re: WallStreet Day Traders Going Nuts
Post by: wachtwoord on March 05, 2013, 10:43:05 PM
The second guy takes more than 8 minutes to say: "Bitcoin is just another irredeemable currency".  :D


Title: Re: WallStreet Day Traders Going Nuts
Post by: 01BTC10 on March 05, 2013, 10:51:28 PM
First video make sense, second video is boring as hell.


Title: Re: WallStreet Day Traders Going Nuts
Post by: myself on March 05, 2013, 10:52:34 PM
First video make sense, second video is boring as hell.
why you dont read the 2 links i posted above to get the point he is making


Title: Re: WallStreet Day Traders Going Nuts
Post by: 01BTC10 on March 05, 2013, 10:59:02 PM
First video make sense, second video is boring as hell.
why you dont read the 2 links i posted above to get the point he is making
Will do.

https://i.imgur.com/KKup9np.jpg


Title: Re: WallStreet Day Traders Going Nuts
Post by: paraipan on March 05, 2013, 11:19:03 PM
Wall Street day traders stumbling onto bitcoin are going nuts.  They don't understand bitcoin so they are quick to dismiss it.  I think that they feel they missed the boat so they are in major denial at this point in time.  It's like going through the 5 stages of grief.  Denial->Anger->Bargaining->Depression->Acceptance

I think most are in the denial and anger phase when they see the bitcoin chart.  Once acceptance stage is reached they will buy bitcoins.

Day Trade Show (Denial/Anger):
https://www.youtube.com/watch?v=8jCN9hiEZq0&list=UUar63hrH-Uti1eOehga_cEg&index=2

Is Bitcoin Money (Denial):
http://monetary-metals.com/is-bitcoin-money/


I smell fear of "establishment" shills...