Bitcoin Forum

I know, this is the "Speculation" forum, where *anyone with an opinion (and they all have one) can vent their thoughts using either of their noise-and-wind-emitting orifice's (and its often hard to tell *which one they are using) without any supporting rationale, logic, evidence or any sort of sense at all.   And clearly, they all do.. regularly and repeatedly.  The stench makes it obvious.

The question you should be asking yourself is .. *Why* would they ?   

Do you *really think that they're all just motivated by the milk of human kindness and desperately just want to prevent some random strangers from making a stupid mistake with their  money by shouting their opinions on some little 2-bit forum in a back corner of the internet ?  That they arent either butt-hurt dumpers, paid-fudsters, wanna-be manipulators or just self-important ("I *know _people_ sonny, you should *listen to *me) blowhards

Hah, right.   "Quick, Sell, you will "loose" everything if you dont !",  "No, HODL !, We're going to the moon tomorrow, next week/month/year", "You will be broke and shamed", "You will be a billionaire in 5 years", "You will kick yourself for *not selling/buying now".   

Yap Yap Yap.

I have yet to see a *single one of them put their own money where their mouth (keyboard) is.   They're quick enough to shout "SEE, I Wuz Right !" when it swings their way.

They have super-sure secret insider information ?  Great, Go make a bet, short some coins, or do something that shows that they believe in their opinions.  Show us their financial acumen by proving how right they are.  Nope, they spend their time yapping here and trying to stampede people who are (stupidly) looking for wisdom in a place where any idiot can get up on stage and harangue the n00bs.

Bitcoin goes up, Bears go silent, To-Da-Mooners pop their corks.   Bitcoin goes down, Bulls dissapear and the "Told you so ! You shoulda listened to me !" bears come out of hiding.

First of all, isnt it *obvious that any market that can go from $30 to $270 and back to $90,  then to $1200 and back to $350 in a matter of months is being driven *primarily by *SPECULATION ?   Duh, its only the name of the sub-forum.  If it *does go up to $2000 by Christmas, isnt it *obvious that it can equally as easily come back down again just as fast ?

Get-rich-quick wanna-be's trying to panic the mobs with their talk of Choo-Choo-Trains, Rockets, missed Boats, Beanie Babies, Tulips, Ponzi's and any emotionally-laden historical analogies they can flap about the place.

If you choose to buy a ticket to a roller coaster, *Expect it to be a wild ride.  It goes up and down you know. Thats its nature.  If you're a scaredy, don't get on.   Or take a punt, buy your lotto ticket and go away for a year or so.  worst case, you lose it all, best case you make a lot.  Dont spend what you cant afford to gamble and you don't have to worry.

Bitcoin *IS* a world-changing technology.  There is and has been *nothing like it in the history of the world.  It wasn't even *possible until the global internet (which itself is only 20-odd years old as far as the masses are concerned) enabled the reliable high speed interchange of data amongst the average joes.   Its the first *new form of stateless money with highly desirable characteristics in millennia.   

It Is *very useful in many ways not possible previously.  (not going to list them all here).   But it *is going to take time for it to settle down and find its place.  Collapsing Fiat Currencies, the usual financial shenanigans by stupid governments, the media and the world banking industry are all going to try and make its adoption as slow and difficult as possible, because it *doesn't benefit them, whereas the current system that they own does (at your expense).

Short-sighted idiots who see it purely as a shortcut to their own personal get-rich dreams and speculate wildly will all help to keep it unstable until its market cap reaches the point (billions to trillions) where they can only make little ripples, not big splashes by throwing a few million in and out to panic the gullible and fearful.

I see it primarily as a *Freedom-Tool.   My own personal wealth is literally secondary to that.  I already live my life comfortably, so would I be significantly happier with a Ferrari in the driveway ?  Not in my opinion.  Enough is a feast.   

But, would I like to be able to save/buy/transfer and do whatever I want with my money without middlemen everywhere taking their cut and telling me what I can and cant do ?  Absolutely. 

*Thats what Bitcoin offers long-term, and why I believe in it.   It is the first form of money that is owned by the people who use it.

Every day, new positive things are happening.   People are building new systems based on it.  New apps and platforms are being created constantly.  Adoption is rising.  Its all looking very positive to me.

"Then Why is it going down ?" whine the speculators who bought while it was high.   "Because of people like *YOU, who do nothing except buy and sell in the interest of short-term gain, increasing the volatility and doing nothing to contribute to its adoption".

Gamblers trying to climb on top of each other and focussed purely on trying to increase their own personal wealth by predicting movements or trying to fool others into doing so are so short-sighted its both laughable and pathetic.

Do your research, decide if you think it has potential, make your own decision and stick with it.  Be patient, help it grow and be more useful.  *use it and ignore the emotional price-tickers and the shouters on the street corner..   Anything else leaves you vulnerable to manipulation by panic-merchants with their own agendas.

We now return you to your usual program of Evangelists and Mouth-Frothers preaching their Gospel's for your entertainment.  Pass the popcorn. 
:)

This forum was warned of the final capitulation since $680, this is the time that we sold the rest of our stash and exited the market. So I'm not sure what you mean when you say that nobody around here follows up on their statements. We sold because it was becoming very clear what was in store, and we were proven right. It's hard not to write a small, "see, told you so" when you're ostracized by the majority of the user base here as a troll for merely attempting to warn others ahead of time.

Should have listened to fallllling! Anyone who did would be much better off now. You can call him a troll all you want, but doesn't change the truth he has been right all along!

Idiot.

You didnt even read what I just wrote did you ?  Or at least, you didnt *think about it, just took your opportunity to repeat your "See, Told Ya So, We're right,  Im out, shoulda listened to <x>" blather. 

Are you really that stupid, or just hoping to derail my attempt to encourage people to think instead of "believe" (ie, act without thought on unsubstantiated advice) by repeating your "Nyah Nyah, I won, follow me" garbage.

Talking shit is such a wonderful and suitable way to prove a point, isn't it?  :)

Me, or him (presumed) ?  
 ::)

I read it, line after line of the same cliches and useless platitudes that the bulls toss around to convince each other that everything is all right, and that it's no problem that they're losing money every day.

ie.


gee, how original. this coming from the guy who encourages others to "think for themselves"  :D


this is the same dribble posted by bulls constantly, and it means jack shit if the public doesn't have interest. The distributed ledger is a new technology, but it solves a problem that nobody has. Don't believe me? Look at the market. Nobody buying, everybody dumping.

For every transaction, there will always be 2 sides of a trade.

Price will go up or down depend on which side has more will and financial power.

Then you missed my point.  

I am *not what most people would consider a bull.  I am *not advising anyone to "buy in", or Hold.  All Im saying is *make your own decision based on whatever evidence you decide is pertinent.

If some people consider the advice of some random nobody on a forum to be "Good" advice, then so be it.   I recommend that they find sources of information more reliable than an anonymous person who has nothing except "see, I was right" on their C.V.

You responded with nothing more than a "See, We warned you, we were right"  and point to the current market action as evidence that nobody needs bitcoin, as if the current price is proof of your correctness.   Like it makes any difference.

So, you are either too stupid to realise that the price has nothing to do with its usefulness at this stage of adoption, where speculators going "all in" and "dumping" are the dominant price influencers, or you dont like my attempt to encourage people to think about it, and not just follow whichever spruiker shouts the loudest.

I dont care if people "make money" or "lose money" by speculating on it.   If thats all you think bitcoin is good for, then you have clearly missed the whole idea behind it.

Great post, thanks.

... you're proposing there's a superior method to gauge the value of bitcoin other than the market exchange rate...?

http://www.reactiongifs.com/r/HahaNice.gif

Define "Value".

Usefulness for sending money to others?
 as a store of value ?
 a speculative asset ?
a non-debaseable-currency ?
a way of accepting payments from anyone without having to sign up with a middleman ?


If you define "Value" as "What people think it is worth right now", then fine, thats certainly what the current price shows,  but people (en masse) are usually wrong about most emerging technologies "value" in the long-term

If the head of one of the worlds largest tech companies can totally fail to see the emergence of the smartphone/tablet market and dismiss it as too complicated.  ("There’s no chance that the iPhone is going to get any significant market share. No chance." - Steve Ballmer) then what makes you and your supposed other guru's able to see the future with perfect clarity and confidently announce Bitcoin isnt useful  or is over valued ?

Again, I am *not claiming that it *will succeed, I honestly dont know.  It looks promising, but there are many hurdles to jump yet.   

All I am stating is that basing your investment decisions significantly on the advice of someone anonymous on a forum  whos only claim  is "See, I was right about this short-term prediction !" (down OR up) is utterly foolhardy.

You really are stuck in your record groove arent you ?

Once again your statements boil down to "We told you so, should have listened to us"

You also indicate poor comprehension skills,  Where did I say that *I recommended any of those applications ?

I asked you what *your definition of "value" was and provided some possible examples that people *might find Bitcoin useful for, and you come back at me with your pre-rehearsed anti statements saying why they arent good ones.  All referring to the last 9 or 10 months of activity as if "Well, that about wraps it up for Bitcoin" is a done deal.

So. What *is a good indication of value.  "What people will pay for it" is the usual simple answer, but that means if people are buying at $1200, then its worth 1200, no ?  Clearly not in your book, so you must have a better definition or way or determining it ?

I like the way you claim to know what people need or want too..  Clearly you have missed your calling, why aren't you advising some Fortune 500 company on what products they should make since you seem to have a direct line into what people will find useful.

Is Bitcoin extremely useful to the average Joe in the street *right now*.  No, not very.  It has some useful applications, but you probably wouldn't use it to buy a loaf of bread when the local scrip is easier (provided you dont hold onto it for two long..  once upon a time 20c would get you a cup of coffee  now its more like $5).

Does that mean "*Noone* wants it".  Hardly.   I know quite a lot of people who will happily take it from you in exchange for their goods and services, who arent "Fanatics", so your statement is clearly false.

Your insistence on focussing on the present-day requirements of "lots of people" is very short sighted.  10 years ago, 80% of the population didnt "need or want" the Internet.   A single decade later and most business are more concerned if their Internet or Website is offline than they are if their phones are out of order.

Long-Term (talking in years-to-decades here, not months), thanks to its unique properties that no other form of money has, Bitcoin *may well become a *lot more useful to people who suddenly find that their fiat currencies arent worth more than the paper they are printed on.    

Oh, "Months ago" is *long-term* is it ?  You have been warning us for *months".. Oooo. How could I possibly have neglected your advice which is clearly based on *extensive experience and superior knowledge.  Silly Me.

Right now, most of the first worlds fiat currencies aren't devaluing fast enough to overly concern most of their citizens who generally have attention spans measured in less than election term months.  

But some who have bothered to look into the history of practically *all fiat currencies in *actual long-terms (years to decades) have noticed this

http://images.tribe.net/tribe/upload/photo/013/e00/013e009e-f1eb-4021-8884-b13e7f477588

which usually leads to this.

http://arts.umich.edu/ink/wp-content/uploads/bayer3.jpg

and concluded that maybe, just maybe, a form of non-fiat money might be a good idea to try.   But hey, dont worry, you can always keep warm by burning your paper money..  But that wont worry you, you will get out of them too at the right time thanks to your insider-information friends ?

Tell me, do your "friends" who are presumably big "market-movers"  (They must be, you *knew this was coming, they told you right ?) know that you are spoiling their chances to "get out" with more money by telling all us poor ignorants of their intention to continue selling (Sorry, "Dumping", it sounds scarier) and driving down the price, and thus giving us a chance to sell before they sell more ?

Oh, I know, They're already "All out" and you're just here to save us all from our own stupidity.  right, got it.

<yawn>

Look up the words "value" and "price" in a dictionary. I know it will be hard for you to believe you were wrong about something, but trust me. It will improve your English.

++++++++++++++++++++++++++100000000!!

sure, the price of an education and the value of an education can being distinctly different. but we're talking about a currency  ::)

the value of a currency and price are mutually inclusive. it's getting tired arguing with these mental midgets around here...

a whole 14 posts to your name and you're tired of arguing already ?  Lightweight   ;D
Or are you just realising the indefensibility of your position when confronted by rational arguments ?

Funny how people are happy to call it a currency when it suits their argument and argue that its not when trying to detract from it.   

You are aware of the primary difference between Bitcoin and all present Fiat Currencies ?

*You CANT make more of it at will*

That gives it *future _value_ beyond what the *current _price_ of it is.  Yes, just like an education.
If you cant figure that out, then you need to dust your crystal ball.

Anyway,Theres nothing to dispute here with your repeated "told ya so's"

I'm *not telling people to follow my advice, just suggesting that perhaps they *shouldn't follow others advice when those folk have nothing invested in their own opinions

The cultists and bulltards are now angry at us bears for accurately predicting the crash and warning people. How about some gratitude and humility instead?

Same applies for bunnycoin, junkcoin and batcoin.
The problem is, nobody gives a damn about them, nobody in the real world gives a damn about bitcoin either.

"Prediction: Outside the rigorous context of science, the term "prediction" is often used to refer to an *informed guess or opinion. A prediction of this kind *might be inductively valid *if the predictor is a knowledgeable person in the field *and is employing *sound reasoning and accurate data*.

Hmm, nope, Sorry , what you are doing is called "Guessing".   You want a medal, gratitude or humility for guessing correctly ?

If you had posted opinions backed up by verifiable data, and not unsupported personal opinions - without even asserting your qualifications to make such guesses except vague references to "knowing people" -  THEN you might be deserving of some credit.  As it is, you called a toss correctly, woohoo, may I kiss your feet ?

"Nobody in the real world gives a damn about Bitcoin" huh ?  

So I suppose Senates are calling Inquiries, Major players are making opinion statements every day, Tax Departments are ruling on it, businesses are accepting it all over the place, Stock Exchanges are listing its price on their tickers, People are being paid in it, Some countries are lauding it, some are warning against it, and people are living purely on it to prove it can be done..

But nobody "in the real world" (Which yours obviously isnt) gives a damn ?  Riiight.  
You can spend and use your copycat altcoins where exactly ?  FAIL argument.

The miners are mining coin, increasing BTC supply at 10x the dollar inflation rate.  Ten times.  Bitcoin will not become a deflationary currency in our lifetimes.
If you're impressed by the "at will" bit, I got an excellent investment opportunity for you:

Like Howard Hughes, I keep all of my piss in mason jars.
I can not produce more piss at will, and the influx of new urine will stop when I die.  Making my piss an exceedingly valuable commodity.

Get in on the ground floor?

Ho Ho.  The problem is, I have no idea how much beer you will be drinking, and thus the volume of your piss (present forum postings excluded) is not a predictable quantity.

You could well go on a binge weekend and wake up richer than anyone despite you having "pissed your beer prices away". 

Also, I cant think of any easy way for you to send your piss to anyone via the internet and Im not interested in collecting it in person.   

Liquid Gold it may be in color, but its really 95% water, subject to evaporation, and otherwise its Urea, Chloride, Sodium and a few other minor quite common organic compounds.   

Also, I cant think of any way of cryptographically verifying its actually *your urine, and not just scooped up out of any random urinal (How do I know what you do in your spare time ?)

So, no thanks, Ill pass up on this "opportunity".  Nice Try though :)

^
So you'll buy up my piss once I'm dead & can't piss any more?  How many jars should I put you down for?

Intelligent and attentive customers such as yourself are the core demographic I aim to supply with my urine.

solves a problem nobody has? wow you really are stupid. first thinking banking isn't a flawed system, second thinking no one has problems waiting days or weeks and paying massive amounts to transfer money, third thinking current price has anything to do with whether or not the technology is solving a problem people have. honestly you've never posted a sinlge intelligent statement ever, on any of your shill accounts, but this statement takes the cake as one of the stupidest things you've said to date.

Bitcoin tries to solve a real problem.  Unfortunately, Bitcoin, as a solution, is worse than the problem it tried to solve.

Let's be methodical:
1. Banking is a flawed system?  Yeah, but  Bitcoin?  If your car has problems, don't trade it in for a pair of roller skates, fix it.
2. There are people waiting days and weeks to transfer money.  These people (the poor, unbanked, and uneducated) have expressed little interest in Bitcoin.
3. BTC exchange rate represents the market sentiment re. BTC worth.

"Methodical" ?  How about *rational ? 

I can methodically prove *anything, provided you allow me to make completely ridiculous, unsupported assertions in my methods.

Please explain why bitcoin is "worse than the problem it tried to solve".

*What problem ?
How did Bitcoin "try" to solve it ?
Why is it "Worse" ?

Please provide supporting evidence for your statements, and not just personal opinions.   

You know, I recall hearing much the same twaddle coming from Microsoft in the early days of Linux -  "But it doesnt do anything that *we cant do !"..  Maybe, Maybe not, but it does it *for FREE.

A decade or so down the track, Linux now powers every Android Handset out there, innumerable embedded devices, the Majority of servers, Practically ALL super computers, and guess what, the average Joe in the street *Still doesn't know what it is.   They're happy enough using their virus-ridden fragile and easily broken Windows. 

But the people who *matter and provide services (Google, Ebay, Facebook, WikiPedia, Twitter, in fact practically *every large service provider) use Linux to power their services, and probably couldnt exist without it.  Can you imagine Gmail having to pay a per-user Client License Fee to MS ?

Bitcoin shares much in principle with Linux.  Its open source, it has no "owner", it requires no middleman or central authority, it has no (significant) useage fees, anyone can use it to receive payments with a few minutes of work and no approvals required.  It enables Micropayments (the long sought after Holy Grail for low-cost web-payments). I could go on, but Im not trying to Spruik Bitcoin here, Im just providing counter examples to your baseless assertions.



More meaningless analogies.  Please explain your statement that Bitcoin compares to Roller Skates.   

Are you suggesting that *everyone wants to cart 1000Kg of steel machinery about with them, powered by a noisy, polluting engine capable of producing several hundred horsepower, even although it spends 90% of its time idling in traffic, is prone to frequent breakdown and requires constant input of money and resources to keep operational, just to move a single persons lazy 80kg ass a few kilometers (in 80% of journeys) ?   Oh, thats not what you meant ?  :)  Then dont use weak car analogies.



Oh Really ?   And you surveyed *how many of them to provide this "proven fact" ?   

Perhaps a more likely (still unproven) statement is they "dont know about it, or how to use it.. YET".    Until it appears in their local store, with a User Interface such that they can put their $100 note in, and type "Email to Aunt Flora in Wales - Subject, Happy birthday from Joe In America", they probably wont either. 

But there is nothing to stop someone from building Bitcoin based money transfer machines that work exactly like this with no requirement to interface with *any of the existing banking system and no requirement for the developer to build his own hacker-proof trusted transmission network.  Its just developing the end-user applications that sit on top of the underlying technology that make it useable for the uneducated.

Example. The Internet DNS system.  Without it, who is going to be able to remember all those IP addresses ?  Add a simple lookup layer over the top of it, and suddenly Joe can www.whatever.com to his hearts content.


It surely does.   But *at the moment, "The Market" is largely speculators, tech geeks, a few early adopters and a bunch of people who wouldnt recognise an SHA256 Hash if it hit them in the face, and thus fall for headlines that shout "Bitcoin Hacked, Millions Stolen !" when its completely untrue, so are "sentimentally" knee-jerk reacting to false, half-understood information.

Once "The Market" grows from its present embryonic size and the people who are seriously invested in it employ advisers who actually understand how the core technology works and can ensure the investors dont respond to illiterate incorrect noise from panic merchants, then the amateurs who are just in it hoping to make a quick buck will become a minority, and "market sentiment" will stabilise and not be as reactive to half-truths and misinformation.

So, it seems to me to have been fairly easy to counter your "methodical" unproven assertions with some simple rationality.   

Got anything more *substantial objection-wise ?   

Dont bother replying with more of the same waffle, Im not going to counter every unproven assertion that you make, I just wanted to demonstrate how easy it is to do so.

Good advice on thread title.

Your laundry list of nerdly cliches has awakened the educator in me.  I will help!
Ramblings about Linux might have thralled them back at your podunk middle school, but we're mostly adults here.  We've heard it told before, and more than once.
Before you sperge out and start rattling off another page of tiresome cringe, remember: I say all this with great love.  Think of it as an edifying rap of a ruler against your filthy knuckles--to help the lesson stick.
Now for that lesson!

Understand what you wish to say before saying it.  Think of your words as a sniper's bullet, not as a spray of birdshot from Bubba's sawed-off.
Intelligence and originality can not be taught, but I can teach you to express your hand-me-down thoughts tersely.
I have high hopes for you, PseudoCode!

Now go and play.

And then they find out a few days later that Aunt Flora never received the bitcoin, because there was malware running on her machine that hijacked her private keys. Maybe she received a phishing e-mail earlier that said, "Bill Gate will send you free bitcoin if you click this link and then forward the e-mail to all your friends!" She was using Windows after all.

And who sends cash to their aunts anyway? Why not buy a gift card like normal people, or even just send a check in the mail if you really insist on the cash?

Bull-tards love to give silly examples of why the world needs bitcoin, but for each one there is already a better solution in place, or it's not a genuine problem to begin with.

ie. there are very few people interested in being "their own banks" because the bank does everything for them they want, and they don't need to worry about losing all their cash on a misclick or technical issue.

The ignorance levels exhibited by the preceeding two posts would astound me, had they not already clearly demonstrated their conversational abilities.

Referring to Linux implies Im from a Podunk middle School ?  But "we are mostly adults here ?" 

Haha.  Son, just incase you overlooked the username, (which should have given you a clue had you been in the habit of using your noggin), I was hand soldering and machine-code programming my own computer designs back when the Z80 processor first came out, just to throw a little perspective into your world view.

So my claimed  erudite correspondent, your offer to "educate" me with a rap of your ruler, and your complaint that my page of counters to your brief  but erroneous statements constitute a wall of text or a shotgun spray merely confirm that you are incapable of processing any input that takes more than 2.5 seconds of cogitation and are therefore not worth bothering with.  Go and Play indeed..  What are you, 15yo ?

And to Mr Rat Poison, Who said anything about AuntFlo running the current Bitcoin client on her Virus ridden Windows PC ?  I hypothesized an ATM-like machine that enabled person-to-person transfers across national boundaries.  Aunt Flo can pop into her local corner store and withdraw her funds in the local scrip, without even having to own a computer thanks to the bitcoin network .  Its just an example end user application.  YOU inserted the Windows PC and the current Bitcoin software which is currently developmentally equivalent to Netscape Navigator v1.0 (incase you are old enough to remember it). 

End User Applications will likely hide the whole mechanics of the bitcoin operations completely from view of the error-prone end user.

Go ahead, wander into your local bank, and transfer $100 to an overseas relative.  See how long it takes, how much trouble it is and what the fees  are.

You go ahead and keep on saying that everything it does is already being done better..  repeat it often enough and you might even convince yourself.   After all, who needs email ?  Whats wrong with a written letter ?  Stamps have been good enough for AuntFlo for 50 years you know.

I'm not sure if you realize or not that the ATM-like machine will require money to run and maintain, and additionally there will be fees for transferring the bitcoin to/from the local currencies. Once you move the bitcoin client away from a home PC or smart phone, it essentially becomes another third party money transfer service.

And I've already told you that the mainstream public does not want to move money around by themselves, because they're too worried (for good) reason that they'll mess it up or that the value will crash before they can convert back to the local currency. So as you can now clearly see from my argument, bitcoin is "fixing" a problem that nobody has.


Here's the difference: people like getting e-mails, but nobody aside from fanatics want bitcoins. They're volatile, need to be converted for fees, prone to security issues, and can be completely lost in the case of a hardware failure.

If you lose somebody's e-mail, you can ask to have it sent again. If you lose bitcoin, then good luck!

Yes, of course there is. Otherwise the smart money (Soros, or all the early adopters here) couldn't make profit of an irrational market. The market doesn't represent the mood of the few.

What the fuck did you just fucking say about me, you little bitch? I’ll have you know I graduated top of my class in the Navy Seals, and I’ve been involved in secret raids on Al-Quaeda, and I have over 300 confirmed kills. I am trained in gorilla warfare and I’m the top sniper in the entire US armed forces. You are nothing to me but just another target. I will wipe you out with precision the likes of which has never been seen before on this Earth, mark my words. You think you can get away with saying shit to me over the Internet? Think again, fucker. As we speak I am contacting my network of spies across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life. You’re fucking dead, kid. I can be anywhere, anytime, and I can kill you in over seven hundred ways, and that’s just with my bare hands. Not only am I extensively trained in unarmed combat, but I have access to the entire arsenal of the United States Marine Corps and I will use it to its full extent to wipe your ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little “clever” comment was about to bring down upon you, maybe you would have held your tongue. You didn’t, and now you’re paying the price, you goddamn idiot. I will shit all over you and you will drown in it. You’re fucking dead, kiddo.

LOL

Fun thread, but I can't find the *footnotes. 

Did you *forget to attach a bibliography?

Not being able able to separate price and value, is liking not being able to tell the difference between fantasy and reality.

Saying something stupid, then using that as a reason to call everyone else stupid only really points to one thing.

Heh heh, "gorilla warfare".

You know gorillas throw poop at each other, right?

But seriously, I agree with OP. Anyone making dozens of posts trying to help message board strangers has an agenda that likely does not align with your own.

Entertainment is my agenda.

Trolls like Faiiiiling and Sevtroll can be quite amusing. Bumbling fools have long been a comedic staple.

http://i664.photobucket.com/albums/vv10/JimboToronto/33.jpg (http://s664.photobucket.com/user/JimboToronto/media/33.jpg.html)

Me too!
Early adopters and traders pimping Bitcoin, telling others to buy because they're buying themselves.  Much selfless.  Very altruism.  Wow....


And when the bumbling fools turn out to be right and their sagacious counterparts dead wrong--that's pure comedy gold :D

 :D :D You think bitcoin is going to be worth $560,000 next year, and you're telling me that I have a problem differentiating between reality and fantasy :D :D I love this place!

I guess you're cashing in every single spare dollar you have and buying up all the bitcoins possible, right? Because bitcoin has so much *future* value. In reality, a paper wallet will likely be worth little more than the paper it's printed on. Well, I'll be here to let you guys know that I told you so and tried to warn you. Of course, by then you'll all be gone and buying up some new variety of magic bean, I suppose.

Not only that, but you have a problem with reading comprehension. Instead of guessing what I am doing, you can simply read what I actually posted in that thread. That 560k is one of many realities that could occur. Not being able to see that demonstrates that you're faillling at understanding the nature of reality.

That thread and several other posts I've made quite clearly explain what I do. They also caution others not to do anything rash as you suggest (SELL IT ALL froth froth) you've even got a screenshot of what I have bought this year (https://bitcointalk.org/index.php?topic=813090.msg9103748#msg9103748)

So you can clearly see the *reality* of the situation. I take measured risk investing in BTC when it looks undervalued because the market *price* is dropping (I started buying back in at around half off, and kept that up.) Its incredibly boring investing like this, and hugely non-intuitive which is why I don't expect you to get it.

Everyone knows you should buy low sell high, be greedy when others are fearful, buy when there is blood in the streets etc

Not many people actually know how, or do it when it comes to the crunch. Instead they are sheep, because its easier to go with the crowd. If I am wrong, the whole world will be quick to jump in and tell me how stupid I was. If I am right, the whole world will be quick to jump in and tell each other how unlucky they were and to reassure each other that I was just lucky and they were all the smart ones that just got cheated.

Read Taleb. If your school has it.

Once bitcoin's price starts going back up, all these shill accounts will disappear into the woodwork. :)