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english is my third language and I am drunk .
now, unless I am speaking to sorosh, goat or mircea gtfo you poor, english centric troll with your ad hominem attack.
You're critique is ... *Your He's drunk & not a native speaker. You're illiterate. Doh! Maybe I'm drunkerer. [X] Poor [X] Illiterate [X] Bitcoiner [X] Rules the world [X] Motherfucker [X] Drunk  |
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bitcoins are both made out of thin are and in reality are more thinner than paper.
"artificial commodity" + "artificial scarcity"
Both fiat and bitcoin are artificial. Both are scarce. The difference is that bitcoin's artificial scarcity is determined by a transparent algorithm, while fiat's artificial scarcity is determined by opaque politics. I know what I prefer. Do you? false dilemma. it doesnt matter who and how is issuing them, unless you have a lot of them. "thin are"? "more thinner"?? You seem to have the same understanding of English as you do of economics. english is my third language and I am drunk . now, unless I am speaking to sorosh, goat or mircea gtfo you poor, english centric troll with your ad hominem attack. |
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bitcoins are both made out of thin are and in reality are more thinner than paper.
"artificial commodity" + "artificial scarcity"
Both fiat and bitcoin are artificial. Both are scarce. The difference is that bitcoin's artificial scarcity is determined by a transparent algorithm, while fiat's artificial scarcity is determined by opaque politics. I know what I prefer. Do you? false dilemma. it doesnt matter who and how is issuing them, unless you have a lot of them. |
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So I have this small pile of cash and I'm afraid I may be a fiat bag holder. If you understand that every USD debt is effectively a short on the dollar, the market is saying that dollars are a shitty investment.
Ask me what I thought was a shitty investment on January 14,2015. You sister's Certificate of Virginity? The base for the 2013 bubble was ~$100. It's looking more and more like the base for the great 2015 bubble will be ~$220 meaning the top will come in around $2,500-$4,000. There's almost countless factors involved, so this is a very rough estimate, but waiting for a discount of more than 10% from here may well be futile. I would certainly agree that a fairly solid bottom is forming at $220, but it tends to look a lot more wobbly when you're about to risk your own money. I'm not sure if that part about the bubble is accurate. To get that kind of money into Bitcoin we'll need some serious adoption by users as well, not just traders. And if that landslide is triggered who knows where we will end up. But I don't see much sign of that kind of adoption yet. Fiat is not your money. You may have worked for it, but it was ultimately created out of thin air and it is only used because of legal tender laws meaning it's only used because we have guns in our faces. Well two can play at this game. I can just take out a bunch of perfectly legal loans using their artificially low interest rates and pay only the interest. That's easy to do just on the profits and if someday I run out of profits I'll just default. Only I doubt that'll happen because my debt to income ratio is still orders of magnitude better than the US Government's. A deflationary depression will mean that they'll have a lot more and bigger deadbeats than me to pursue and a hyperinflationary collapse will play right into my hands. bitcoins are both made out of thin are and in reality are thinner than paper. "artificial commodity" + "artificial scarcity" |
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Exchanges shutting down is always good. Why is that? (Genuine question) I hate that I have to say that it's a genuine question, it should be the default assumption.Natural selection did wonders for life on earth, same will be the case for btc exchanges - the criminal and insecure ones are slowly eliminated one by one. yes, the darwinian selection will leave us with super secured and rigged exchanges and markets that are run and controlled by exchange operators. because the survival of the fittest in unregulated markets means exactly that. |
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wow one big candle there  Just like the old days. almost.  so, a permabull bought wekkel's account? the irony... |
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omg, that is huge.
should I buy?
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only 2 pages? wow, bulls are bleeding bad.
will 210 hold?
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I thought that I saw someone asking him why on twitter, he replied only "different directions". maybe he wanted to pump doge after all... |
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Support and 228-230 is unbreakable
 this ship is unsinkable! |
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USD swaps on bitfinex going up again.
doesnt matter - short squeeze coming soon.
Says the bear no, just saying. did you buy this small correction? |
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USD swaps on bitfinex going up again.
doesnt matter - short squeeze coming soon.
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what do you think guys, will 210 hold? |
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dust indeed.  |
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Bitcoin at least provides an accurate ledger of who owns what. The current system has hopelessly obfuscated ownership of assets in a cascade of derivatives.
nope, it merely provides transparency, but the ownership is even more obfuscated. |
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OK. Enjoy your fiat. I hope you receive all that you deserve.
man, with fiat at least you have an opportunity to survive a system reset, after a hyperinflation and that shit... with bitcoin reset you dont stand a chance. |
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everybody over here are master traders.
I wonder where all that money is coming from?
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you fools!
lambchop could be goat or (un)loaded shorting the shit out of this and laughing your sorry ass.
goat was a master troll.
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