Title: the dirty secret behind bitcoin Post by: adamstgBit on June 01, 2012, 01:55:46 AM Title: Re: the dirty secret behind bitcoin Post by: ajk on June 01, 2012, 02:01:44 AM are you trying to entice people to sell here? its been stable for the longest ive been following bitcoin for Up seems to be the only direction in my eyes
then again what do I know I only have 15 posts!!! :o Title: Re: the dirty secret behind bitcoin Post by: notme on June 01, 2012, 02:02:43 AM Title: Re: the dirty secret behind bitcoin Post by: Liberty Payout on June 01, 2012, 02:03:03 AM I don't understand this.
Title: Re: the dirty secret behind bitcoin Post by: cypherdoc on June 01, 2012, 02:12:09 AM Title: Re: the dirty secret behind bitcoin Post by: adamstgBit on June 01, 2012, 02:13:36 AM did you guys not see the video someone made a few weeks back? "the dirty secret behind bitcoin"
Title: Re: the dirty secret behind bitcoin Post by: Blazr on June 01, 2012, 02:16:35 AM did you guys not see the video someone made a few weeks back? "the dirty secret behind bitcoin" Nope, link? Title: Re: the dirty secret behind bitcoin Post by: goxed on June 01, 2012, 02:16:46 AM video someone made Link pleaseTitle: Re: the dirty secret behind bitcoin Post by: adamstgBit on June 01, 2012, 02:17:01 AM ops he called it "Bitcoins a Year Later"
http://www.youtube.com/watch?v=9yHGMTIsXlA he looks at the crazy bubble / early adopter unfairness I'm saying we should look at the support we saw in Aug 2011 in the most desperate hour of bitcoin's history, Aug 2011 we saw support at 6$ and rise to 10$, what dose that tell you? Title: Re: the dirty secret behind bitcoin Post by: dree12 on June 01, 2012, 02:19:28 AM ops he called it "Bitcoins a Year Later" That was not a support; it was a rebound. There is no bubble. This time, it's another stair in steady growth.http://www.youtube.com/watch?v=9yHGMTIsXlA he looks at the crazy bubble / early adopter unfairness I'm saying we should look at the support we saw in Aug 2011 Title: Re: the dirty secret behind bitcoin Post by: proudhon on June 01, 2012, 02:22:39 AM Wuh, huh?
Title: Re: the dirty secret behind bitcoin Post by: cbeast on June 01, 2012, 03:46:07 AM Even with the link I still don't understand this.
Title: Re: the dirty secret behind bitcoin Post by: waspoza on June 01, 2012, 07:28:31 AM Quote from: adamstgBit No one knows what will happen next But but, u said next will be $8. ops he called it "Bitcoins a Year Later" http://www.youtube.com/watch?v=9yHGMTIsXlA Ah, famous Albanian socks guy. Title: Re: the dirty secret behind bitcoin Post by: da2ce7 on June 01, 2012, 08:00:24 AM :'( I somehow still don't understand this thread.
Title: Re: the dirty secret behind bitcoin Post by: proudhon on June 01, 2012, 01:16:44 PM :'( I somehow still don't understand this thread. Me either. Title: Re: the dirty secret behind bitcoin Post by: Brunic on June 01, 2012, 06:29:45 PM ops he called it "Bitcoins a Year Later" http://www.youtube.com/watch?v=9yHGMTIsXlA It reminds me of the drunk bald guy with the yellow t-shirt of last year that was spamming the web with his shitty videos. Title: Re: the dirty secret behind bitcoin Post by: herzmeister on June 01, 2012, 08:01:52 PM It reminds me of the drunk bald guy with the yellow t-shirt of last year that was spamming the web with his shitty videos. omg thanks for the reminder! almost forgotten him! where has he gone? can't seem to find any of his vids Title: Re: the dirty secret behind bitcoin Post by: miscreanity on June 01, 2012, 08:23:23 PM What the 2011 bounce highlights is a potentially strong technical level based on a trading perspective, not much more.
As for the video - there was nothing in it to suggest the poster had any fundamental understanding of the Bitcoin network, only it's behavior in relation to other traditional investments. The whole rehash of early adopter 'unfairness' sob story is immature and naive. Regarding value, the argument of bitcoins not having any value is also a load of ignorant claptrap. There is no universal interpretation of value. A number like 7610598101114116121 has no more meaning than 自由 to anyone who doesn't have a reference point, and so might be claimed as 'valueless'. Yet with an appropriate understanding, both communicate information. Without context, their value is unknowable. What is worthwhile is the suggestion that volume is as important as price, if not more so. The differences are more pronounced on a weekly scale, and it can be seen that large outflows of USD in the mtgoxUSD charts are often met with an even greater shift in bitcoin holdings. To me, that suggests there is an interest in accumulation of bitcoins, outweighing the preference for USD. This is especially evident from late 2011 to now, where relatively small shifts in exchange rates result in comparatively large transfers of bitcoin holdings. omg thanks for the reminder! almost forgotten him! where has he gone? can't seem to find any of his vids Fools fade fast (http://www.youtube.com/watch?v=iQRu5yR0r9w) :) Title: Re: the dirty secret behind bitcoin Post by: herzmeister on June 01, 2012, 09:17:32 PM Fools fade fast (http://www.youtube.com/watch?v=iQRu5yR0r9w) :) :D Title: Re: the dirty secret behind bitcoin Post by: MoonShadow on June 01, 2012, 09:36:58 PM I wonder how long this guy is going to keep this video up. I doubt that he will ever acknowledge bitcoin's virtues no matter how successful it is in the future.
"grandpa, can I have some bitcoins for my birthday? I want to buy a new game." "No! bitcoins are not money! They don't have any value, even if someone else thinks that they do!" "But grandpa, no one takes paypal anymore!" "Here, have some real money! I know I've got some dollar bills around here somewhere." "Grandpa, no one takes paper anymore except to roll dope!" Title: Re: the dirty secret behind bitcoin Post by: chmod755 on June 01, 2012, 09:48:50 PM It reminds me of the drunk bald guy with the yellow t-shirt of last year that was spamming the web with his shitty videos. omg thanks for the reminder! almost forgotten him! where has he gone? can't seem to find any of his vids YTKilledRawdog closed his YouTube channel last year Title: Re: the dirty secret behind bitcoin Post by: MoonShadow on June 01, 2012, 09:59:02 PM The comments are telling. I'd be willing to debate this guy, but I think I'm too old. I have no idea how to upload a video.
Title: Re: the dirty secret behind bitcoin Post by: PolymorphicAssasin on June 01, 2012, 11:34:30 PM What the 2011 bounce highlights is a potentially strong technical level based on a trading perspective, not much more. As for the video - there was nothing in it to suggest the poster had any fundamental understanding of the Bitcoin network, only it's behavior in relation to other traditional investments. The whole rehash of early adopter 'unfairness' sob story is immature and naive. Regarding value, the argument of bitcoins not having any value is also a load of ignorant claptrap. There is no universal interpretation of value. A number like 7610598101114116121 has no more meaning than 自由 to anyone who doesn't have a reference point, and so might be claimed as 'valueless'. Yet with an appropriate understanding, both communicate information. Without context, their value is unknowable. What is worthwhile is the suggestion that volume is as important as price, if not more so. The differences are more pronounced on a weekly scale, and it can be seen that large outflows of USD in the mtgoxUSD charts are often met with an even greater shift in bitcoin holdings. To me, that suggests there is an interest in accumulation of bitcoins, outweighing the preference for USD. This is especially evident from late 2011 to now, where relatively small shifts in exchange rates result in comparatively large transfers of bitcoin holdings. This +100 Especially re: volume. Title: Re: the dirty secret behind bitcoin Post by: kwukduck on June 01, 2012, 11:57:59 PM It reminds me of the drunk bald guy with the yellow t-shirt of last year that was spamming the web with his shitty videos. omg thanks for the reminder! almost forgotten him! where has he gone? can't seem to find any of his vids YTKilledRawdog closed his YouTube channel last year That sucks, i loved his bitcoin vids xD [edit] He's back(?) http://www.youtube.com/user/SirRawdoglet Title: Re: the dirty secret behind bitcoin Post by: miscreanity on June 02, 2012, 12:44:36 AM That sucks, i loved his bitcoin vids xD [edit] He's back(?) http://www.youtube.com/user/SirRawdoglet So he didn't die by choking on his own phlegm and embarrassment... Title: Re: the dirty secret behind bitcoin Post by: imanikin on June 02, 2012, 12:46:26 AM +1 Title: Re: the dirty secret behind bitcoin Post by: MoonShadow on June 02, 2012, 12:57:56 AM It reminds me of the drunk bald guy with the yellow t-shirt of last year that was spamming the web with his shitty videos. omg thanks for the reminder! almost forgotten him! where has he gone? can't seem to find any of his vids YTKilledRawdog closed his YouTube channel last year That sucks, i loved his bitcoin vids xD [edit] He's back(?) http://www.youtube.com/user/SirRawdoglet Wow. I'm suprised this guy could figure out how to turn on that camera. EDIT: Someone with a Youtube account should ask this guy what happened to his videos concerning bitcoin, and if he is going to update same. After all, he should take credit for calling the death of bitcoin, since it was all true. His views on the Ron Paul movement is sickening. Title: Re: the dirty secret behind bitcoin Post by: cbeast on June 02, 2012, 01:28:56 AM unsubscribe
Title: Re: the dirty secret behind bitcoin Post by: MoonShadow on June 02, 2012, 04:09:25 AM Title: Re: the dirty secret behind bitcoin Post by: dree12 on June 02, 2012, 04:14:37 AM unsubscribe Delete every post you made in this thread. That should do the trick.Title: Re: the dirty secret behind bitcoin Post by: da2ce7 on June 02, 2012, 04:21:45 AM this thread is really retarded.
Title: Re: the dirty secret behind bitcoin Post by: cbeast on June 02, 2012, 04:36:10 AM unsubscribe Delete every post you made in this thread. That should do the trick.Title: Re: the dirty secret behind bitcoin Post by: notme on June 02, 2012, 05:07:07 AM unsubscribe Delete every post you made in this thread. That should do the trick.Title: Re: the dirty secret behind bitcoin Post by: waspoza on June 02, 2012, 07:38:50 AM Title: Re: the dirty secret behind bitcoin Post by: klaus on June 02, 2012, 08:46:24 AM only bull-shit here ;D :D |