Bitcoin Forum

Economy => Economics => Topic started by: Liquid on December 07, 2013, 02:24:10 PM



Title: Bitcoin-DUMP IT!
Post by: Liquid on December 07, 2013, 02:24:10 PM
lol this idiot has no idea about Bitcoin but he is giving advise on it, enjoy  :D

http://www.youtube.com/watch?v=DqNn5SAjOgg

3:42


Title: Re: Bitcoin-DUMP IT!
Post by: Martijnvdc on December 07, 2013, 04:56:12 PM
Good, let him lower the price for us, so we can buy.


Title: Re: Bitcoin-DUMP IT!
Post by: odolvlobo on December 07, 2013, 06:22:14 PM
He's not an idiot, but he makes the very common mistake of assuming that anything that rises very quickly is a bubble. His argument is easily countered by showing a multitude of examples of when a rapid rise is not a bubble.


Title: Re: Bitcoin-DUMP IT!
Post by: Wilhelm on December 07, 2013, 07:24:45 PM
In two weeks time it will be > $1000 again :P


Title: Re: Bitcoin-DUMP IT!
Post by: Liquid on December 07, 2013, 11:58:53 PM
He's not an idiot, but he makes the very common mistake of assuming that anything that rises very quickly is a bubble. His argument is easily countered by showing a multitude of examples of when a rapid rise is not a bubble.

I know hes not an idiot, but obviously he has no idea on the potential of Bitcoin, yer lets dump it and stick with the the corrupted fiat system  ::)

I trust protocols more than humans any day, the good thing about protocols is they don't give you advice.


Title: Re: Bitcoin-DUMP IT!
Post by: bitpop on December 09, 2013, 09:00:33 AM
He loses my respect when he plugged in his book


Title: Re: Bitcoin-DUMP IT!
Post by: JulieFig on December 09, 2013, 10:11:06 AM
In two weeks time it will be > $1000 again :P

It looks like your prediction will be conservative! Good on you.


Title: Re: Bitcoin-DUMP IT!
Post by: Sindelar1938 on December 09, 2013, 11:10:12 AM
The mood swings on this forum are more extreme than the price swings in bitcoin! ;)


Title: Re: Bitcoin-DUMP IT!
Post by: slikes on December 09, 2013, 11:28:38 AM
Quote
Gregory Mannarino
6 days ago
 
With regard to Bitcoin, could I be wrong? Absolutely. As always please do your own homework, establish an understanding, and act accordingly. I am still, (and will always be) a believer in hard assets. For now it seems to me there is a mania of sorts in Bitcion and most people get hurt with these things-(manias, bubbles). Just be careful. Thanks, Greg.
It's obvious that he doesn't understand Bitcoin as soon as he starts talking about how USD is digital. That being said, he's making a safe bet saying that bitcoin is in a bubble. If he was propositioned on the same scale with anything other than bitcoin, the chance that he'd be wrong is close to zero.


Title: Re: Bitcoin-DUMP IT!
Post by: hilariousandco on December 09, 2013, 11:30:24 AM
In two weeks time it will be > $1000 again :P

Probably, or at the very east by the end of year.


Title: Re: Bitcoin-DUMP IT!
Post by: cr1776 on December 09, 2013, 01:10:47 PM
He's not an idiot, but he makes the very common mistake of assuming that anything that rises very quickly is a bubble. His argument is easily countered by showing a multitude of examples of when a rapid rise is not a bubble.

Exactly. Case in point, you could register casino.com for almost nothing in 1994. Several years later you could sell it for much more. It was not a bubble.  In 1995-1999 you heard the same things about the web and domain names.  This is clearly another example of someone who is uninformed pontificating about an area where he has no expertise.


Title: Re: Bitcoin-DUMP IT!
Post by: LiteCoinGuy on December 09, 2013, 01:13:50 PM
just wear a tie and shirt and you look smarter  ;)

(lol, does he paint his own graph of btc  :D ? )


Title: Re: Bitcoin-DUMP IT!
Post by: sana8410 on April 23, 2014, 06:36:16 AM
 I'd keep the in-game transactions off the blockchain. There's no need to spam the bitcoin network with that since you're in control of the coins entirely at that point.


Title: Re: Bitcoin-DUMP IT!
Post by: sana8410 on April 23, 2014, 08:46:49 AM
Buying in-game currency with bitcoin, instead of using bitcoin itself, and heavy transaction restrictions. put bitcoin instead of gems and theres a system that already works