Bitcoin Forum

...there we go! :o

Am I the only one, who finds this annoying?

i find the 60 second lag on gox more annoying, personally.

http://i0.kym-cdn.com/photos/images/original/000/001/384/Atrapitis.gif

Beartrap, that is.. or bulltrap? Annoying anyways

A few individuals are making the market an embarrassing spectacle, really.

I'm waiting for Single Digits.

Let me know how that works out for ya.

It'll happen soon enough.

"john_doe" is new Proudhon ? (call for 4 digits ?)

Ok, I'm dreaming about single digits too.
I'm also dreaming about flying to Alpha Centauri, which is probably more realistic dream.
Should I flood the forum about my space travel plans ?

In your dreams perhaps. :P

Maybe you should forget about Alpha Centauri, but what about mars?

http://applicants.mars-one.com/

People were saying that about double digits less than a week ago.  They also said we'd never see 200, 150, 120, 100, etc, etc again.  

Believing the hype machine around here is a good way to go broke.

We've had a few small dips under $100 in the past thirty days, that doesn't count   ::)

Sure it doesn't...you just keep holding that bag all the way down, buddy.

Oh, I'll hold it till the end of time. Besides, even if Bitcoin crashes completely, won't it still have a collectors value a 1000 years from now being the oldest crypto currency in the same way people collect old coins?

^ No.

All the way down and all the way up again to the moon. :D

How much is it to be in your bear team?

Why would it? No one collects beenz or flooz or any other defunct internet currency.

Comparing btc to flooz makes as much sense as comparing an electronic cryptocurrency to physical coins with actual numismatic value, if not more.




People around here really need to loose this "us vs them" mentality.  There is no "team", and I am not "against" anybody, I simply talk about where I believe the market is going....nothing more, nothing less.

Will go down again?

Why would people collect old coins?

Bitcoin is the first decentralized crypto currency. Flooz has nothing to do with that. 

Artistic value, melt value, historical or cultural value, and/or investment value.



And? Being first doesn't necessarily translate into collector value.  

Collector markets are highly dependent on buyers within that market.  No buyers means no collector value.

Melt value? Are you kidding me? A copper coin wouldn't be worth a Nickel melted.

Artistic value? Art is subjective, a Bitcoin could qualify as art in a hundred years.

Investment value? Exactly, I think we can both agree here that Bitcoin will be worth more in the future ;D

You know what? I stopped reading right there.

Its obvious that you are being disingenuous with your arguments and have no intention of actually discussing this.

Have you ever believed the market is going up?

I was trying to make a joke while also making a point.

Fair enough, some coins in circulation might be worth more melted than on their face value, but we were talking about collector coins, not rubbish fit for recycling into something useful.

Most collector coins are not made from precious metals. But you obviously don't want to even think about that fact.

Collector coins get their value because people like them, and what's to stop people from liking Bitcoins in the future?

Plenty of times.  Most of the way up to 30 in 2011 and from the point we hit singles (after the 2011 crash) all the way up to about 13 last year.  I've been bullish for a far greater amount of time than I have been bearish on the market.

That's what some of you keep failing to understand.

Just because I think BTC is currently way overvalued, and strongly believe the market is going back down, does not mean I am against bitcoin. In fact, it's quite the opposite. I think for BTC to succeed, its boom and bust economy must fail in favor of a real economy that grows at a natural rate (as opposed to the current economy which is being driven by hype and speculation)...the reality is that we are not even close to that yet.

I couldn't have said this better.

You have to adapt to the market, not the other way around.

C'mon guys, everyone knows that if you don't think the price will go up forever, you're against Bitcoin!

There is some truth to this. We just need to keep in mind that there is a limited supply of coins and unlimited fiat potential.

I agree in some respect that a coin/economy needs time to grow.

Litecoin grew based upon it withstanding the test of time.

As is true with bitcoin.

Yeah right...
 ::)

LOL remember all those people claiming litecoin would die and isn't worth shit?

Well I guess the free markets thought differently.

And yes, right.  :D :D :D


If you are right in your sarcasm then I guess I got lucky and made a fortune investing into litecoins at $0.07 in January and $0.005 last April (2012).

Either way, I won despite what you think.  :D

Oh, I'm not disputing the fact that you've made money, nor that you could make more.

I just don't see any value in Litecoin. At all.
I mean, there isn't even businesses for it. (And don't say Atlantis... most vendors there just accept bitcoins.)
At least in the beggining of Bitcoin, you could buy some alpaca socks.  :D

If Bitcoin is mostly speculation, Litecoin is a genetically engineered super speculation beast with two heads spitting fire.

Please do your research before opening your mouth. Thanks  ;D ;D ;D

Litecoin accepting sites: https://forum.litecoin.net/index.php/topic,1365.0.html

This thread reminded me, I need to go move a couple of my buy orders back up to triple digit territory  8)

This volatility has made my spread quite the frankenstein; bye-bye gaussian curve. Still making me money and doing my part to reduce volatility, just not in the robotically efficient fashion that I'd like.

You're kidding, right?
Even in early 2009 Bitcoin had ten times this listing.

But hey, if Bitcoin isn't risky enough for you, carry on.

1. Nice back pedaling on your statement "there isn't even businesses for it"

2. I provide a partial list of sites that accept Litecoin and then you immediately dismiss it as "bitcoin had 10 times it so it doesnt really matter"

3. Fail more please? lol

Back pedal more too. LOL

Just because litecoin did not have the exact same number of businesses doesn't mean that it isn't as viable.

Free markets will determine if litecoin does last and live on.

Please fail more and backpedal more...it suits you.  :D :D :D


Oh and in 2009 I know of 0 businesses that existed for bitcoin lol...proof?

https://en.wikipedia.org/wiki/Figure_of_speech (https://en.wikipedia.org/wiki/Figure_of_speech)
Just for you my dear.  ;)

(Oh and you could buy a bunch of other things also before the alpaca socks,
just so you don't think it was my argument "see, socks!")

That's not what I said:

Battle of the trolls!

May the best man win (Smoothie, of course) ;D

But I don't get what he's so defensive about.

I didn't tell it would crash and burn.

Who said I was defensive?

LOL you make a statement then get proven wrong then your response is..."well it wasn't the same blah blah blah", I call you on your Bullshit and i'm the one that is "defensive"? lol

Oh I love it when people say something then back pedal then claim it was a figure of speech lol

Fail more.  :P


Edit: Oh and where is your proof that businesses for bitcoin existed in 2009?? LOL ROFL! OMFG FAIL MORE HAHA!

Cya next week DD's eh..

Hopefully not though  ;)