Bitcoin Forum

No withdrawals, no prospect of them happening, but fools being parted from their money.

I do wish people lose money. damn people.

Can you give us a point by point breakdown as to why this will cause your phallus to thicken and engorge?

Of course you want them to lose everything. If they don't lose everything, they're going to laugh at you all the way to the bank and make you look like a fool for not taking this easy opportunity to get easy money.

The market is about risks. The bigger the risk, the bigger the reward.

We will laugh about mt.gox in 10 years, and our children will too :)

we're already laughing at him.  and have been for a while.

Indeed, he's been a hilarious source of comedy for ages.

Yup:



^ From April 16th 2013; an order of magnitude less awareness/hype/adoption/market-cap than today.



^ Wrong: https://www.google.com/moderator/#16/e=20e106

These guys are just the beginning:
http://www.overstock.com/bitcoin
http://www.tigerdirect.com/bitcoin/




^ And here we have one of revans' primary misunderstandings. One's ability to use bitcoin as a currency at 1BTC=$1 would be severely limited relative to much higher exchange-rate/market-cap. Currencies need a certain market-cap to facilitate transactions (cue "hoarding" objections and complete lack of understanding of incentives and equilibrium). Even with bitcoin's relatively high velocity in the 7-9 range, the market-cap has to be *a lot* higher than the equivalent of $21M in order to allow for effective use as a broad medium of exchange. Claiming to want a $1 bitcoin so you can "actually use [it] as a currency" is a very telling intellectual misunderstanding on your part (that's giving you the benefit of the doubt (ie, that you're just stupid, not malicious)).

Lets wait 12 months and see if there was a better investment anywhere in the world this weekend than cheap Bitcoin on mtgox.

Why are people so full of hate and mean like the OP? I do not understand the wicked psyche of this being.

Cypherdoc, are you the same guy who shilled for Hashfast and then vanished?  How's that investment working out for you?  Teh lulz still rolling in?

Why would you hope that other people would get hurt? How would that benefit you?

Seems like you are a garbage human being

i fulfilled my obligation and i am done with them.  have been for a while.

yep, it's too bad they have lousy customer service.  not my fault.  and yes, everything worked out well for me.  thanks for asking.

It's most likely just a reflection of his level of hate towards human stupidity. Mine too. Unfortunately there are few ways to express this and we sometimes choose the wrong ones.

I would start with "intolerance" rather than "hate" - this word just doesn't really fit in the context you put it.

In his case, that should result in self-hate then...

You are a douchebag fucking loser. Good luck getting your head out of that dark smelly fucking hole it's stuck in (at least for the next 4-7 days).

fuck off

wow.. such positivity. You really aren't a nice person are you?

Wishing the worst on your fellow coinsmen? How does one even fathom such a thing?

To hell with you Revans... to hell with you!  

It's more than just human stupidity. It is the combination of stupid humans acting to criticise and even ostracise someone for choosing not to be so fucking stupid, and just plain old human stupidity that is the cause of much of the Schadenfreude expressed on this forum. The sheer volume of well below average intellects around here that think they are some kind of market whizz kid on account of getting all noveau riche of the back of a few lucky Bitcoin trades also grates the nerves.

I hope that everyone piling into Gox loses their money because I have decided to get my funds back onto Bitfinex in order to get some more short trades on the go. I am far from totally at ease with using this exchange but these overextended 4hr chart indicators have proven too tempting. Bad news from Gox is good news for my short trade. Good news from Gox will still prove bearish in the long run, but will involve a lot of volatile price hard to predict price whipsawing....and I don't want this.

So die Gox suckers die!

aww come on revans, you can hope for more than that.  :)

 
also "Coinsmen" made me laugh.

You have a fundamental problem with human nature and yet you attempt to be a trader?  I think your in the wrong place.

Furthermore it sounds like you are the problem.

I almost wish I was on Gox to triple my money in a day, but I was around in November to 10x my money in a month.

You win some you lose some, don't blame the market for acting in a way you think isn't logical, it's a natural system and like anything else in nature you don't get to tell it what to do.  Try and it will chew you the fuck up and spit you out.

U as much as anyone else must know that Bitcoiners are overly starry eyed about their little lines of computer code that consist of the digits in their wallets. Have a look back over practically every bear v bull poll on this forum since Jan 2014. Bulls outvote bears every single time by a large amount, yet the market keeps sliding down the way. This proves the old market adage of the majority of investors tend to lose money. This is because the majority are stupid, especially in Bitcoin. In this sense, it is no surprise at all that capital has piled into MtGox in order to take advantage of 'cheap coins'. Now we even have a secondary market where some dude (I presume) is willing to pay ~50% of the Bitstamp rate for Goxcoin.....which may be the reason for the Gox price being pulled back up to ~50% of normal BTC price. To me, the very best that can happen is that MtGox allows limited withdrawals....but this is the very most positive imaginable outcome. More likely is that they are insolvent are slowly drowning, but buying time to organise themselves and fill their pockets as much as they can before the curtains come down on MtGox once and for all. In this light people pouring capital into Gox is sheer insanity. My brother did once make a small fortune buying into crashing bank markets around 2007.....but he done so in belief that Governments would bail the banks out. Who is gonna bail Gox out? Has Karpeles made up Gox's shortfall enough by crashing his own market and arbing the fk out of cheap coins by taking them over to Bitstamp? Is he going to bail Gox out with his ill gotten gains?

The only healthy attitude of any trader in market other than an out and out bull-run, is to harbour a healthy disdain towards human stupidity and profit from it. That is how it is. Financial markets are nasty places. TERA has perhaps slipped up (as I would have also), by underestimating precisely how stupid and irrational this particular market is capable of behaving. Problem with Bitcoiners is that they can behave so dumb, that you have to pinch your arm to remind yourself that it's real. Most sensible people would have trouble bringing themselves to trade on the premises of a market behaving as dumb as the Bitcoin market can do and this in itself can be frustrating. That is all.

OP sounds like an absolute joy to be around at parties... not!

That my friend was then and this is now.

I never even knew what a MACD was until sometime late Dec 2013. If I was investment savvy back then as opposed to being indifferent/ignorant and/or driven by sensationalist headlines, then I might be a millionaire today.

Go and try and catch me out with some quotes from my recent history. I will give you a clue where to look. Sometime between $500 - $700 on the bounce from Dec $380 crash. I was butt hurt right about then aftera I pissed all over my trousers on a certain high value falling knife catching trade. But aside from that, I have managed to mostly be cheer-leading the prevailing trend.

Just because someone is bad at trading doesn't necessarily mean they're stupid.

For that matter, if YOU are good at trading, them being "stupid" shouldn't upset you, because that's a large part of how you make your money.

I'm going to run with that last point you made. For the longest time, people haven't been able to get fiat out of gox. Now people can't get BTC out of gox. Why did people on gox keep selling BTC right down to 1/5th of the price everywhere else?

They can't get the fiat out. So why sell?

My opinion is that this is a perfect example of the 'stupid and irrational' that you are talking about. That's where opportunity lies. I'm not going to pass on that chance.

The fact that the resident trolls are all coming out of the woodwork to make vitriolic posts that merely reveal a deep sense of self-loathing. That's another great indicator. You do well to be cautious shorting now.

There could be opportunity sure, and if you make some money doing so, then good on you. I hope you don't lose. That's the difference between me and people like revans. I don't need everyone else to lose to make myself feel better.

Hey thanks Op buddy ;D  I'm sure the worlds already been treating you as you treat others. Still I would like to take this opportunity to tell you life can get better nothing lasts for ever so chin up go outside let the sun warm your face.

Edit: Been getting Euros out of gox for months now. Its not fast but is working . Still I decided to leave a bunch in and gamble scooping up cheep coins that may or not be worth something. Time will tell and until then i wish you well and hope life improves for you.

teehe

Op got treated by insults, people trying to prove him wrong and now you are trying quite smartly to make him feel that he is wrong

It is funny how some posts only interest old members and some posts are mostly interesting newbies, do you guys have a filter to only see old member's posts?