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Title: "Warning to Mr Average about the current Bitcoin con game." Post by: Rluner on November 14, 2013, 07:52:32 PM Unlike most of the pro bitcoin stuff posted in these forums I would like to play devil's advocate for once. Please note these are not my views, however I sometimes feel it can be interesting to listen to the other peoples views.
http://youtu.be/H-IBwKvDiB0 Title: Re: "Warning to Mr Average about the current Bitcoin con game." Post by: Alty on November 14, 2013, 08:16:42 PM I posted a link to this yesterday.
https://bitcointalk.org/index.php?topic=333085.msg3572505#msg3572505 (https://bitcointalk.org/index.php?topic=333085.msg3572505#msg3572505) Each to their own opinion I guess, but we'll see. As far as I'm concerned the upside outweighs the risk. Title: Re: "Warning to Mr Average about the current Bitcoin con game." Post by: lucaspm98 on November 14, 2013, 10:21:59 PM Not a very informed person IMO, but he can play it safe if he wants to.
Title: Re: "Warning to Mr Average about the current Bitcoin con game." Post by: Dodgers on November 14, 2013, 11:58:57 PM The guy says ït's not being used by Walmart, Target etc…"
I get the feeling his view is from a totally insular USA perspective rather than understanding that it is a global currency, and not just limited to within the confines of North America Title: Re: "Warning to Mr Average about the current Bitcoin con game." Post by: fluidjax on November 15, 2013, 02:50:47 AM Dont know about the US but I cant use paypal anywhere apart from on the internet, guess it must be a worthless idea also.
Title: Re: "Warning to Mr Average about the current Bitcoin con game." Post by: MicroGuy on November 15, 2013, 02:52:52 AM The guy says ït's not being used by Walmart, Target etc…" https://www.gldtalk.org/devteam/mart.jpg Maybe the guy just needs to switch to a better coin featuring the World's most awesome 51% attack defense! :P Title: Re: "Warning to Mr Average about the current Bitcoin con game." Post by: beetcoin on November 15, 2013, 05:53:55 AM he seems so full of himself; like he thinks his opinion is superior to everyone elses'.
and it's confirmed by looking at his responses in the comments section. Title: Re: "Warning to Mr Average about the current Bitcoin con game." Post by: Sindelar1938 on November 15, 2013, 07:20:49 AM Everyone is entitled to his opinion
My view is that there is more long term upside than downside at these levels Title: Re: "Warning to Mr Average about the current Bitcoin con game." Post by: goxed on November 15, 2013, 09:45:50 AM Bloomberg is a retailer?
Title: Re: "Warning to Mr Average about the current Bitcoin con game." Post by: cdog on November 15, 2013, 04:28:04 PM Clueless people are gonna be clueless.
When people dont understand something, they tend to reject it. You have to be pretty smart to actually "get" Bitcoin, and not dismiss it as "shady internet currency" The really smart people are the first to accept BTC, then the really rich (they pay really smart people to manage their money), then the middle class, then the poor. So as much as BTC has the power to democratize money, its likely the existing power structures will stay in place due to this pre-set path of acceptance. Title: Re: "Warning to Mr Average about the current Bitcoin con game." Post by: Rupture on November 17, 2013, 06:17:53 AM Well it's their loss for not jumping in sooner
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