Bitcoin Forum

, i've been following the bitcoin market for a year, however only recently have i decided to sell my stash ? why ? well lets put some factors for your consideration
Bitcoin confirmation is too slow for any normal transaction fiat can provide, litecoins only take a few minutes, bitcoin took 45 minutes last time - massive flaw - bitcoin will eventually become that n64 console type crypto currency which will be over taken by something faster e.g litecoins/ something better, it will only get longer ( unless I'm wrong)

The bitcoin is not influenced by the press media coverage, t or by other facors at the moment,   it is controlled my individuals with mega bucks causing price manipulation,( and the mega bucks aren't that mega, in the bigger scheme of things) toying peoples bull emotions and bear emotions through massive cyclical pump and dump schemes, bitcoin is more of a gamble as to when these individuals will enforce their next pump and next dump, toying with speculator emotions like a puppet. its so obvious by observing the market,it just ignorant to disagree with this

Furthermore the bitcoin will never reach $1000, bulls stop pipe dreaming, why would individuals risk $1000 of their hard earned fiat cash, for something that isn't backed by gold/ silver or a commodity, one way to get seriously burned, but the rationale of a group

Bitcoin is now A classic get rich scheme for new users, the last crash hasn't shaken the weak hands, however have created new and more weak hands, e.g. non bitcoin believers whome wlill opt out the moment they believe the market will crash as they were only in it for the quick dough

Fed up of everyone talking about bitcoin in a bubble stated mind in this forum
these are the critical facts,
embrace it or get your wallet burnt

Bear

Date Registered:   March 28, 2013, 08:04:06 PM

Sure. I think you bought at 260 and sold at 50 and now you blame Bitcoin.

buoght at 12 dollars, sole ar around 130 - 150 dollars befoer the crash, amde a heap of dough thanks but your wrong

Agreed. My Nintendo 64 was state-of-the-art for 4 long years in which it gave me immense pleasure and had a big part in making me who I am now. I have no problem with Bitcoin achieving the same status.

haha, I agree.  :D

Another Junior member profile posting on why they are selling.


NO ONE CARES. SELL AND MOVE ON.  :P

They can't, they see the price rise and it hurts too much inside. They just have to vent their frustration here and hope their FUD will crash the price so they can hop on again and become a happy bull like us. :P

 :D i see....

And how long did it take to confirm credit card transactions?

lol 6 months

I rest my case.

what do you mean 6 months, credit cad transactions are automatic, i expected this typical bull reaction ;) , always fun to make bulls see red by stating something other than 'bitcoin is the best' 'bitcoin is the future', seriously though, i had to not sell to individuals who wanted to put their life savings in it, when i was trading them, if this message stops one person from being daft eought to put their life savings into them, i achieved something, as it is still a big risk

No they are not. Transactions are instant just like with Bitcoin but confirmations take time

the difference with that , is that the bitcoin price fluctuates!, by the time you recieved the bitcoins, the coins have either gone up or down by 10 dollars or something, however with fiat, if you did wait 6 months, the value of the fiat will remain relatively the same, so yes  one hour confirmations is a big deal

i rest my case

100% proof that this Junior Profile "early adopter" has no idea what he's talking about. This is a classic example of the psychological barrier of a price of "1 whole bitcoin." It doesn't matter whether you buy 1 whole bitcoin or a piece of a bitcoin or 2 and 3/17ths of a bitcoin. The fact that OP is hung up on the "whole bitcoin = $$X" issue is a dead giveaway that he doesn't really understand bitcoin.

Individuals don't have to risk $1000 of their hard earned cash because "one whole bitcoin" doesn't matter. They can risk $200 or $5 or $5,000,000.

$1000 per One Whole Bitcoin is "unreachable," so what IS reachable? $1000 CAD for 3 bitcoins? 10000 JPY for one millibitcoin? $175 for 0.75 bitcoins? 3,000,000 pesos for a kilobitcoin? 14 remnibi for one satoshi? Take a discrete math class, for god's sake, this is all psychological.

In the code, bitcoin values do not even have a decimal place. They are just a big long string of integers. The decimal place is put in where it is for easy readability, and obviously in its infancy, one bitcoin being worth 50 cents or 1.75 was not psychologically outrageous. In the same way that some large companies split stocks to avoid the psychological barrier of a large stock value, using mBTC or smaller values solves the same problem. The whole number before the decimal DOES NOT MATTER! It is purely psychological. The fact that you do not understand this shows how likely it is that you are really an "early adopter," as the true early adopters tend to have done their research on the concept before buying in. 

Did you say you bought at $12?

So you're not really an "early adopter." You bought in a few months ago and are calling yourself an "early adopter." Lol.

Out of all the reasons to be bearish on bitcoin, your reasoning stems from your lack of understanding of the currency. Shame really.

however, i knew that, however bitcoin works jsut aswell being 10 dollars as 1000 dollars, due to 10 to the power of 7 creating alot of dough in bitcoin yet the inflation of price would ust be speculative, so yes 1000 dollars would get you burnt as it could operate at 100 dollars just aswell

oh i love the flock of bulls charging

That's right, everyone is disagreeing with you because you are right... ::)

So not only are you not an early adopter, you're also unable to read charts. If you wait 6 months, the price of bitcoin increases. There is one notable DCA range where you could have bought in (during the $32 bubble) and still suffered a significant loss 6 months later. You could argue that the $260 ATH will not be reached so people who bought in then will have suffered a loss in 6 months. But the number of people with DCAs in that range is so small, it hardly supports your stated case.

Furthermore, you suffer from not only "tunnel vision," but also "America Syndrome." We see in many cases countries where hyperinflation happens overnight. In Argentina, even with the fluctuation in bitcoin prices, at least there's a solid chance of retaining value compared to the Peso, which is depreciating at 10-35% per year depending on whose figures you trust. And of course we have multiple countries introducing legislation to provide for legal confiscation of uninsured electronic fiat. But in America, it's always "Lol, that would never happen here. I'm an American, in America that would never happen" In America you don't buy gold, silver, or bitcoins because those are silly whackjob volatile investments that could never compete with the stability of FIAT currency.
If your point is -
In the short term, fiat is a much safer investment than P2P cryptocurrencies, gold, or silver -
Then I agree. Absolutely no doubt.
But the following -
In the long term, fiat is a much safer investment than P2P cryptocurrencies, gold, or silver
 -That's up in the air, considering current monetary policy environment.

It's always nice to have a hedge. Hedges aren't always safe when what you're hedging against appears to be safe; that's the nature of the beast. Don't sell ALL your coins. Keep a few. The rest, sell to me on the cheap ;)

Honestly you are making yourself look foolish.  Your bear posts are nothing but a joke.

You've got nothing on electricmucus, proudhon, lucif and the rest.  those are real bears.

Although I agree with the general sentiment in your post, I would definitely argue that anyone invested in Bitcoin at this time is an early adopter. In a few years anyone who got in below $1k/BTC will be looked at in awe.

So, you don't think there are more than 21 million people out there willing to put $100 of their money into bitcoin long term? Because that's all that is needed to sustain the current price. Nevermind the big money speculators ontop of that.

This ^

OP is an idiot. I've been around bitcoin longer than him and I really don't consider myself an early adopter. The prices I got were in the range of $4.80 to $13.40.

OP is another junior member who fails lol  :D :D :D

I love how every day there is another JUNIOR member claiming prices to fall to $5X.XX or lower or that they sold and the price and sky will fall because they think this or that.  :P

And the fact there wont be 21 million Bitcoins mined in this century. Or the fact there is probably huge amount of coins lost forever and there will be some much more lost coins when non-tech-savy people come into Bitcoin. Total number of Bitcoins in circulation might be suprisingly little.

12$ was 2 years ago. Voktar and smoothie, u r so dumb, LOL.
(http://www.imdb.com/title/tt0109686/, u got it ;) )

Let me tell you a little story. When my mommy was just a wee, bitty little girl, she could walk down to the corner store and buy an ice cream treat for 5 cents. That's right... just 5 cents!

Nowadays, if she drove her huge gas guzzling vehicle 5 miles to the ice cream stand she'd pay about 500 cents.

*GASP,* you say, 5 HUNDRED  whole cents? That's preposterous!

Now, I can see the reactions (these are fake quotes, obviously, but based on these folks' behavior, they totally would say this ;)):


Now, we just say "It costs 5 dollars." It makes people happier. Just move a couple decimal places.

LOL so i'm dumb because I proved OP to be an idiot on his call of being an early adopter?

It's all in perspective lol.

$12 was just this past december too Genius.

I know. But I bet u and ur friend didn't think about other $12 (2 years ago), otherwise u wouldn't LOLed.

"I'm a bear and proud(hon)."

Anyways, my sig is waiting for you.

----

Yeah I was there when it was $12...and as I said I didnt consider myself as an early adopter. So your point?

I bought at $2 and didn't consider myself an early adopter! I felt like I got close'ish to it though.  :D

Early adopters - for now anyway - are those that went into bitcoin in 2009 - 2010.

So let me get this straight, you're ASS U ME ing and putting words into our mouth?


Sure, in a low-liquidity market there will always be volatility and manipulation.


I wholeheartedly agree. If confirmation time matters, I use Litecoin and I await superior alternatives. For most of my transactions, 10 minutes to an hour (depending on whether or not I pay the fee) is acceptable as most of these transactions are not demanding of instantaneous payment, and is easily worth it as I don't have to support the fradulent bankster corporations by pulling out my debit card or logging into PayPal. Again, I agree that a cryptocoin should have conf times rivalling some of the alternatives, but even as is, it is a superior option to supporting fraud and money laundering (lol HSBC).
I agree. I don't think there has been a single instance of, nor will there ever be, a technology that is never replaced. Right now, the alt-coins in existence aren't competing too well since most of them are just satoshi client clones with a couple modifications. And of course, in the distant future, humans will communicate telepathically and we will have invented advanced concepts that surpass the primal need for an intermediary exchange of value. Lol. The numbers are psychological. $1000 is an arbitrary value and "one whole bitcoin" is a string of integers with no decimal place. With adoption at the rate it's been, $1000 will be an easy support in the future. Just look at adoption stats. Sure, adoption can slow. Hasn't happened. You haven't supported this point well enough, aside from making truisms and generalities like "Lol it's overvalued."
Aside from early adopter being a subjective chronological value judgement, I don't consider you an early adopter. If you were involved in 2009-2010 maybe that label is appropriate. This point is somewhat moot as "early adopter" is a subjective chronological value judgement.
Well out of 5 statements that you assume all the bulls here disagreed with, I agree with 3. That's pretty poor performance. We have a name for that, it's called "Strawman." You invent an argument to respond to, to avoid addressing the real arguments. In this case you managed to invent 3 and didn't sufficiently support the 1 valid argument, and of course the early adopter issue I don't consider to be worth pursuing since, as I mentioned, it is a subjective chronological value judgement. Ok, are you going to back that up with numbers, stats, facts, TA, charts, or SOMETHING - rather than just saying it as if it's self-evident.

Op you are a riot.  :D :D :D

Soon BTC will reach another all time high and you will be

http://t0.gstatic.com/images?q=tbn:ANd9GcQ5y_1LFTXPFqnIfIFkUxL72nbAXhqQMTDcFAX_Y2eRdYxRtdw6Sw

PS "there is a manipulation in price by big dogs"... U may be right... But this will not destroy BTC... In fact, market volatility... Is certainly attracting more folks than BTC's practical uses, IMO. Is this so wrong?

No I will be like

http://images.wikia.com/uncyclopedia/images/0/08/Jewcartoon.gif

Bitcoin Forum > Economy > Economics > Speculation
HAHAHAHAHA oh wow.

----

market cap 100 billion ????? dream on !

Hey bulls I now have cheap tulips, gold, beanie babies, 1/4 acre lots on the moon, credit default swaps, Enron stock, and some great tech stocks trading at pennies.  You better get this stuff while it is cheap or you will be very sorry soon my friends.

Oh crap I forget bulls only like to buy up a lot when the price is super high, on second thought I'm charging an extra 1000% markup on all.

The bears have a right to post here. There are definitely some open ends in bitcoin, i personaly tend to be bullish because I feel the necessity for an alternative currency is imminent. Even if bitcoin stays in the shadows and is used as a currency exchange platform it still will grow marginally for a long period of time.

But you nik... You are completely wrong and the other bears aren't coming to save you because they are ashamed of having you under their title. Eat it son.

nkspace so when you are proven wrong about bitcoin hitting $1000 will you then create a new forum profile and make the same claim and just add a zero to the right of the number? lol

I agree 100%.  My only difference in opinion is timing and speculation versus adoption.  But everyone has a right to an opinion even if some here would rather censor it.  They actually think posts on the forums somehow has to do with the price of Bitcoin.  Personally I'm pretty sure it has to do with a butterfly flapping his wings on a windy day.

WRITING ALL-CAPS MAKES IT AUTOMATICALLY RIGHT!!!!!!!!!

I am wondering with deathcode why you are here. If you feel we are a bunch of deluded idiots who believe in a Ponzi scheme, that is fine. I'd simply leave in that case. So why are you really here?

no i am just not delusional, i am here as i actively follow bitcoins development

and have a right to give my opinion, i've said nothing out of line
i've merely stated facts

That's not an early adopter  ::) I bought at 4$ and even less and I don't consider myself and early adopter.  :-\

now no buddy let's not get ahead of yourself. big difference.

Bingo.... you're running around with an air of arrogance, when all your statements are opinion.

I agree with some of your criticisms, but you have not said one thing that can be considered a fact.

This quote is why I burst out laughing when I read what this guys posts. I can't take him seriously if he truly believes fiat is backed by anything more than BTC.  ::)

my bad, your right smoothie

i cant take you seriously predicting $1000 a coin or saying fiat is backed as much as bitcoin ???? really????????????

What is fiat backed by?

As a fellow bear let me tell you: There isn't really a upper or lower limit for the valuation of individual Bitcoins, just a limit on the real market capitalization.

The European Union  ;D  ;D  ;D  ;D  ;D

Not my fiat, but anyway.... how's that working out for you guys?

yes fiat doesn't have an intrinsic value, however if you go to a shop you can pay in physcial fiat and pay for something, you recieve physical change, you can't with bitcoin, thats what give fiat one hundred times more backing than bitcoin, i supppose portability of currency gives fiat backing
i agree electro mucus

Bitcoin certainly has fiat beat on portability.  I will give you that the network effects are stronger for fiat at this time, but popular opinion isn't a very solid backing.

this!!!!!! + 1 +1 + 1 + 1

care to tell me how bitcoin portability  beats fiat

1. cross border transactions- faster/cheaper than cash or digital fiat
2. internet transactions- faster/cheaper than digital fiat
3. person to person transfers- faster/cheaper than digital fiat
4. in person transactions- equivalent to cash, cheaper than digital fiat

Care to give me one example of bitcoin not being portable?  In physical locations where it is accepted, bitcoin is just as easy to use as cash.

Trade? Peanut the Royal Blue Elephant (Beanie Baby) for my weekend home in Ordos, my entire MF Global stock holdings, an ounce of Rhodium, and I'll throw in two bitcoins to sweeten the deal. PM me if interested....

what if i can't afford have a smart phone or pc? and i want to buy a can of coca cola down the road

Write down a private key or a passphrase for a brain wallet and use that as payment.  The merchant can instantly verify it and send the funds to their address.

so i have to write down a private key and pass phrase to buy a can of coca cola? i would rather stick to fiat thanks

You can have paper like cash with the wallet printed on it. Just give and done, can paid.

What do you think fiat is?

It's a fucking serial number on a piece of paper.

only you dont have to write it, plus coins? wheres the serial there

"0" should be a lower limit. Modern finance gave us negative interest, but I fail to see how a digital key can have a negative value.

 ::) Look https://www.casascius.com/  ;D

* not legal for over the counter exchange

HITTING HEAD ON TABLE OVER AND OVER AND OVER AND OVER!!!!!!!!!!!!! GET ME THE FUCK OUT OF HERE!!!

In a a way. But considering how many people are buying BTC on credit that may not actually hold true.
The key itself may not go into the negative value but it could be possible for one bitcoin to be considered equivalent to a certain amount of debt.*

*In a way that's what happened with bank bailouts

Sure, you don't have to write anything... unless you pay by check.

Yes, if you refuse to have internet, cash can save you 5 seconds over bitcoin ::).

What about the other 3 points that you have ignored:

Don't agree with op in lot of stuff and have a lot of belief in bitcoin or some other more advanced cryptocurrency and on top of that don't give a flying one about threads like this (why the heck I would care what some random nobody either from bull or bear side thinks, and why he thinks his opinion is remotely important enough to open a thread about it instead of posting it in some of other 3 billion threads) but can't stand arrogant bull pricks who jump on necks of anyone who doesn't have their opinion. Grade A twats.

QUOTED FOR SOME MOTHER FUCKIN TRUTH!


No I don't think they are twats just run of the mill sheep who cause bubbles and love to buy high in greed and then panic and burn money.  Their logical fallacy is that they can emotionally manipulate this market with forum posts.  The real money in Bitcoin ain't got time for all that forum reading.  They are busy making real money.

PT Barnum - sucker born every minute.

It's like taking candy from babies!

A fool and his bitcoins are soon parted.

In the past 10 bubbles I've seen the same endless arrogant pricks preaching about how tech stocks would be fine.  Housing. Default swaps. Enron.  They just never stop wanting to believe.  Blind faith.  This is investing 101 not religion.

Agree with #1.

Agree with #3 & #4 if sender already holds Bitcoins but not to purchase BTC simply to make transfers within the US. I hate Paypal, but one can send money transfers (not purchase related) free of fees for both sender & receiver. If one already holds BTC as an investment, it makes sense to make intra-border (US) purchases and transfers.

Disagree with #2. Because of Bitcoin volatility, 99.9% of merchants can only accept it through BitPay. This will likely never change due to foreign exchange risk. BitPay charges 1%. The spread to purchase BTC is usually 0.5% to 1% and much higher (5%) during period of high volatility. The merchant price through BitPay must account for spread. So all things being equal and assuming instantaneous transactions, the USD-BTC-USD transaction would cost 1.5% to 2% at the minimum. And this doesn't include the substantial foreign exchange risk assumed by the purchaser, which could certainly dwarf a CC fee in a matter of seconds.

One case for USD-BTC-USD is for very niche, privacy related reasons that likely involve international sites (gambling, etc).

Speak.  I've only been following BTC for a few months, but this much is obvious.  When you make bear predictions, heaps of evidence are required, and generally do nothing to convince the masses.  When you make bull predictions, well, it's like a coke fix for a cokehead.  At this point, we're talking about a currency backed by no gov't or tangible asset whose price is essentially dictated by a single exchange and the occasional media blip.  Cool heads will prevail.

You're right, USD-BTC-USD is not ideal.  But as a merchant, you only have to worry about BTC-USD, and bitpay can handle that for you at 1%.  Much cheaper than credit cards with no fraud risk.

Why is govt backing a feature and what is special about "tangible" assets? 0 and 1 are not valuable?

I have my work here: It is an OpenOffice document containing a perfect cure for Aids. Since it is made of 0 and 1 and has no government backing, it has no value. You convinced me:

$ rm -f aidscure.odt

I don't mind anyone having a different opinion from mine and I respect people if they believe that bitcoin is not a viable currency and present a reasonable case for it (I just disagree but that's fine). OP however is an idiot and an arrogant prick himself, so the responses he got are well deserved.

and what have i said for you to come to that conclusion

Being proud of bearishness is just as silly as being proud of bullishness. The bull-bear axis defines what you think will happen to the price in the future - no more. Making it a part of your identity is setting yourself up for a fall.

As for your reasoning... it essentially boils down to "10 minutes per block is too slow" and "too many whales and weak hands doing silly things with the price", yes?

The first is a valid point, and I'm still sort of uncertain why 10 minute blocks were chosen when the exponential algorithm for confirms per chance of reversal applies just as easily to, say, 1 minute blocks. Maybe it has something to do with stales, I dunno. In any case, I'd support finer block granularity if you could get everyone onboard.

The second... well. If big hands want to fritter away their money by bouncing the price around, I'm willing to take my share of it from them every time. The way I figure it, sooner or later there will be enough people like me that the price won't bounce around so much anymore.

I think the blockchain technology is the future of asset/currency transfer. I'm not yet convinced that the Satoshi blockchain is the one that'll win, but it seems like the best bet until a serious competitor comes along.

the point of the big hands, which i suppose i didn't make very clear is that this will destroy bitcoin, everyone loves a rally, i love a rally, however due to the cyclical pumping and dumping , it will kill its credibility, therefore as long as there are big hands causing these erratic price jumps, the hsort term memory of bitcoins price history will begin to transgress into a longterm occurence making it very diffiult for bitcoin to succeed and actually prosper, and being a ffree market with a low capital, there is absolutely nothing that can be done about it, which is why i'm sceptical confidence in the currency will allow the bitcoin to ever reach 1000 $

i could be wrong  ;D

Bitcoin market cap is too low -> Bitcoin market cap will never grow?

I don't follow.

listen silver bullion is still volatile with a 30 billion market cap, but silver is not used as a currency, this is meant to be a currency, currencies can't be volatile

You do realise you don't have to buy a WHOLE Bitcoin you know.

Don't use $ or Euro then. Their volatility compared to gold, oil or bananas is not acceptable.

so in order to reach semi volatile like silver, you would need to have a bitcoin to be worth 3,000 dollars each, and public confidence in a volatile unbacked currency won't be enough for that to happen, unless the market stops being manipulated, however that won;t happen

they might fluctuate a couple percent, not 20 percent daily!

sometimes 20 - 200% daily, dpends on the mood of the speculators

yes i've covered already that you don';t need to buy a whole one, read my other post, bitcoin functions as well at 100 dollar to the power of seven as one thousand to the power of seven

Looks like public confidence increased considerable during the last 4 years. Don't worry.

Bitcoin is backed by cryptography. What is $ backed with? It is backed by the threat of violence should you refuse to accept it. If the Fed tomorrow decides to accelerate printing, that is what they will do. $ can and will be created in arbitrary amounts and we will see the day when a dollar bill is not big enough to contain all the zeros. Luckily we will be cashless at the time with smart money that decides whether or not you can spend it.

@nkspace

Oh dear, someone brought high and sold low. School boy error.

i can give you my word that is not the case, infact quite the opposite,
making this a completely neutral debate/discusiion

True, I cannot disagree. It's much easier finding merchants to accept Bitcoin (through BitPay, which means they accept USD and not Bitcoin) than it is to get the general population to transact with Bitcoin. There is a large foreign exchange risk in holding BTC simply for the sake of transactions. Right now, only investors hold bitcoins and they sometimes use them for transactions.

There is a massive segment of the population that will never invest in BTC. That segment does not have an incentive to buy BTC simply to make intra-border transactions, so for most people it would be a USD-BTC-USD transaction. It's a lot to ask to someone to become an investor in Bitcoin and subject them to enormous foreign exchange risk simply because they want to make transactions in a way that might save them 1% if they are lucky.....

The spread is still relevant because at some point every investor had to purchase BTC, whether at $2 or $266. And imagine if the USD was so volatile relative to consumer prices that one had to essentially become a forex trader to make everyday purchases because that was the only way to maximize purchasing power.

Good point to consider - thank you nkspace!

It is so easy to manipulate this market - it is so small. When I am trading futures or stocks - I buy a contact that worths say 200,000$ and still I can't move the market - cause the market cap is sooo large. But here... - let me tell you a secret, after the BitCoin value sky rocketed up to 47$ maybe two months ago, there was a software problem, and I tried to pull my money out, geez I did it so slowly and still I managed to take the price under 40$... I mean -yea it was me.... look at the 'rich' early adopters, those that preferred to save those coins instead of buying a pizza with 10,000 coins - they can move the market wherever they want. They will lure as many people as possible into this sucker's rally and then dump so many bitcoins that the price will go shockingly low and then you can see the big orders coming 1000 bitcoins, 5000 bitcoins, yea just around the 50ish...  so yea - there is a possibility that it is manipulated and the thing is - every round like this - these guys are multiplying the number of bit coins that they have so it's not that the richest person is going to have 0.0001% of the market cap - no - it's about individuals that have 0.1% to 1.0% and more of the cap and they can move it and they aren't going away soon. I am not sure that it's manipulated but yes - it's a good point to consider.

It's your tone, you come off with an attitude that you know all the 'facts' and can teach us delusional 'bulls' here a lesson. But it seems you have come around a little since your first post and perhaps a civil and respectful discussion is still possible. For me personally it doesn't really matter what you believe or don't believe, I have decided long ago that I'm sick of fiat currencies and banks/corporations/governments making debt slaves out of us, so when I discovered bitcoin I really felt like this was exactly what I was looking for and jumped on it after doing some research of my own. To be honest whether the price goes to $1000 or $10 is not as important to me as being able to buy stuff with it. If my local supermarket accepted bitcoin I would do all my groceries in bitcoin. I think this matter is so important that I'm willing to risk my (fiat) money to help make it succeed. If it fails I will still be able to pay my bills though so I'm not putting everything I have on the line, but it's still quite a lot. :)

And yes I know there's manipulation going on, but what isn't manipulated these days? Do you think gold or silver is free from manipulation? Or fiat currency?

yes silver can be manipulated, gold not so much,
and yes you can call bitcoin the 'digital gold', yet remember through all this hype about a finite number of bitcoin, theirs also a finite number of terracoin, litecoin, dvc, name coin, ppc coin, a finite number of bitcoins doesn't mean as much people like to think it does.

 you don't get alternatives to gold, yes you get different carrot gold, but gold is gold, a real natural resource, not a digital amount which can be replicated and advanced  by another software (such as litecoin), that is the problem with this whole bubble, is that everyone thinks this finite number actually means something yes bitcoin got the attention first, but that doesnt mean bitcoin is superior to toehr cryptos,

furthermore you can't compare manipulations of gold and silver to something thats meant to be a currency. we don't pay in gold or silver coins anymore, hasn;t been around for hundreds of years, when a currency is hugely manipulated, the end users or retailers are affected by a manipulation of price, as bitcoin as a currency is meant to transfer wealth, therefore manipulation of a currency is alot worse than manipulation of gold or silver.

You might want to use some punctuation and paragraphs.. I can't even read your wall of text this way.

dumber than the average bear.  its fun to see these noobs join and pretend they know what they're talking about with their FUD and 6th grade grammar.

i just cant be bothered to put time in for grammar

"I CAN TYPING!"  ;D ;D ;D

i'm open to all constructive critiscm, with a backing,  not childish 'bulls, with nothing to say

smoothie and BTCbitonBTC

CONSTRUCTIVE: Sell your bitcoins and move on.  ;D

I'm a twink and proud!


Wait, wrong forums...

nk - i think your mom's calling. "get off the 'puter, your tater tots are ready!!"