Bitcoin Forum

[Deleted post]

Post written in a sarcastic and negative state of mind and was encouraging unproductive dialog. Please move along to another thread that is likely to be more productive.

i am just wondering how you could make 500 posts on a forum that is directly related to a thing you dont believe...

I have no comments on the main topic...  ;)

it's probably a thought-provoking strategy...

NO difference between bitcoin, a dollar bill (just a piece of paper) and credit card (a piece of plastic), none are commodities and you can't do anything directly with them.

Invest?  I am not investing.  I am using Bitcoin for what it is designed for, a currency.  For that purpose it allows me to deal with small amounts of value as well as large amounts with much lower fees then Paypal.  Bitcoin is working as intended as an online currency.  

OP is either trolling or feeble minded. Best choice of action? Disregard.

Okay....

Did everyone not read the OP's first sentence?

It's pretty obvious he's being facetious.

Never ends... I say it's a gloomy day and homegirl perceived what I said to mean I'm depressed. Seriously? Comprehension isn't that difficult. I so wanted to entertain the original post, now I'm totally not in the mood.

Just another face of the bitcoin community making it hard for mainstream adoption; idiocracy.

K, off my soapbox now.

Yeah I could see OP was facetious as well.  Agreed, it is just like fiat, it's just something that random people can pick to exchange and give value to.  The thing is that fiat has the gov.'s backing and BTC doesn't.

He probably lost some bitcoins due to bad trading, and is now blaming Bitcoin itself for it.

the op quote bitcoin at $1000 yet we all know today its around the $800..

im guessing the OP made a bad judgement call on buying in, and is now butt-hurt they he probably sold out at a loss..

he does have one point though, bitcoin is not a commodity.. its an asset. im not sure where he got it in his mind that anyone thought it was a commodity as those that know the difference would never call it a commodity.

give it time and the OP will then be screaming again that he sold out too soon once the price moves back up above $1000..

? Hack vs sold credentials...

It was not designed to be worth crap, rather it was designed to have a more generic type of value.

What uses does the USD have? You can't make it into clothes, you can't eat it, you can't make a fire, you can't even wipe your ass with it since that would be illegal and highly uncomfortable. Had we thrown you into an isolated community somewhere on an island with a million dollars in paper they would be just as worthless as paper wallets not to mention that most people that actually studied finance and back up the dollar believe that inflation is great since it encourages spending, Bitcoin is guaranteed to deflate.

The only people that still doubt BTC are the ones living in states with heavily bank influenced media like Israel, that coupled with the dumb echos of "OMGISHHH BLACK MERKETZ BTC FINNA BE ELLEGALL" proves to be fatal to the stupid masses.

Op bought high, sold low

U can sense the tears in every word he wrote lol

^ this

Figured I'd repost since people still don't get it.

Guess I shouldn't post after reading too many postings about bitcoins in the news. Kinda made me grumpy and maybe a little trolly.

All of what I read is bitcoin is worth $X, or it is this volatile, or so on and so forth.

The thing I was implying rather obtusely is that it is not worth a damn thing in dollars just as a euro isn't worth a damn thing in dollars, except on the rare occasions that you need to convert the two.

I would be happy if the news was no longer about the gyrations in the $/BTC conversions and how BTC compares to gold, and instead talked about how great an enabler it is of creating economic prosperity through nearly frictionless transactions. Bitcoin doesn't even store balances, it stores transactions. They are the root of what this is all about.

I sometimes think it would have been better for bitcoin if Satoshi would have set the block reward to 100 BTC for infinity so the fixation wouldn't have been on this pokemon like feeling that you got to catch them all. It might have lead to a slower adoption as you wouldn't have the hoarders descend upon the new form of gold, but you would have had a decreasing inflation rate relative to the quantity of coins out there anyway (which would have still led to long range deflation).

Sold to early eh?

Lol, neither. I am anti-speculation.

You're an idiot, simple as that.

+1

There is certainly some truth to that joke. BTC are mostly useful for moving large amounts of money around the globe quickly and cheaply.

Buying a $3 latte is already not too cheap with an 8cent tx fee, 2.66%, more than the often quoted average 2.5% paypal or visa fee.

Visa and mastercard have minimum fees which are like $0.25 or something. So it's still less.

Was like another troll then I was like wait Hero class not hacked
Read again I agree the media is pretty much nega bitcoin and I feel like their making it seem like were the idiots
But in reality it just is a statist view vs those who pay lip service to freedom and those that actually believe in it

OP, I take your coins.

You have come to the right place. Buy high, sell low. If that is too risky, just sell and hold off.

Stay here, endarken us with anti-speculative insights every now and then. Why? Use this analogy: Being uninformed about Jesus takes you nowhere. Being informed and choosing the devil keeps you in the heat.

While I agree that there are quite a few articles/pieces in the media that say some silly things about bitcoin.   I personally think more and more people are becoming more educated thanks to this crazy year and you are starting to see more people in media report on the real benefits of bitcoin.

just my 2 cents