Best comments from Matonis' tweet feed RE: Greece and Bitcoin:
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Now we have even banks seeking for new employees whit knowledge in crypto. That is huuuuuuuuuuge.
Morgan is looking for jackals. That's the thing. It's not really impressive that these a-holes want a piece of the pie. It's just nice to see the network growing as it should.
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The energy is changing in here. It's like a momentum shift.
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My God Lamby, you're suffering from Alt-member overflow! Stick to one identity for chrissakes, you might forget which one you really are.
It has to use alts to punch through the great ignore firewall that keeps it from getting the attention it so desperately craves.
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Considering bitcoin is irreversible and all, good luck with actual consumer protection.
OMG! It's irreversible like the cash you pay in a brick and mortar! There is NO WAY consumer protection could exist with bitcoin. Oh wait! http://finance.yahoo.com/news/mainstream-consumer-protection-meets-bitcoin-100900458.htmlFebruary 13th, 2014 -- While Bitcoin has been exploding worldwide, many have argued that for Bitcoin to reach the next level of mainstream adoption there needs to be a mechanism to protect Bitcoin users from scams and fraudsters. New innovative open source start-up Bitrated is doing just that – bringing the standards of consumer protection customers have come to expect from legacy payment systems to Bitcoiners worldwide. In a world first Bitrated offers consumer protection for the safe purchasing of Bitcoin and other goods with Bitcoin, an open arbitration marketplace, buyer fraud protection mechanisms, niche experts and more. Are you even aware of what day of the week it is? No wonder you are a wanderer Calm down, cultist. You are a little nervous. I read this thing and I see "trusted third party". I thought bitcoin was supposed to avoid those evil ugly "trusted third parties" satoshi was talking about in his paper and that this was the whole narrative for bitcoin paranoid libertarians. Now you are saying that trust is necessary? You have to trust in third parties with fiat both at the consumer protection level and at the base monetary inflation levels. I guess you didn't read well RE: Bitcoin.... comprehension isn't your strong suit? Bitrated’s arbitrators are not required for releasing the Bitcoin payment. Due to the use of multi-signature Bitcoin transactions, if the transaction ends well, both parties can easily release the funds without any intervention from the arbitrator. Arbitrators also never have full control over the funds. They can only move the funds with the permission of either the buyer or the seller, and cannot control them in any way without their approval.
Instead of using a traditional escrow payment holding and release system, Bitrated utilizes Bitcoin’s inbuilt multi-signature transactions feature. This means that the strict escrow regulations, licensing requirements and associated high costs are not applied: making it possible for anyone to offer arbitration services, and not just large companies as was the case until now with fiat money. Individuals with specific knowledge about a specific market, such as software development, can offer arbitration services for that specific market; having the ability to use their knowledge to resolve disputes. This is not possible today with legacy payment platforms. Multisig, open source, software means you don't have to trust third parties for consumer protection and have a choice of arbiters to dispute for vastly less cost than we currently spend on consumer protection.... AND you have a money that is not fundamentally controlled by a centralized third party. Inflation is known and perfectly predictable, and security is tighter than a drum. Edit: Nice thing about bitcoin is that it offers merchant protection that the legacy systems just can't seem to provide. What is wrong with your google?
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Considering bitcoin is irreversible and all, good luck with actual consumer protection.
OMG! It's irreversible like the cash you pay in a brick and mortar! There is NO WAY consumer protection could exist with bitcoin. Oh wait! http://finance.yahoo.com/news/mainstream-consumer-protection-meets-bitcoin-100900458.htmlFebruary 13th, 2014 -- While Bitcoin has been exploding worldwide, many have argued that for Bitcoin to reach the next level of mainstream adoption there needs to be a mechanism to protect Bitcoin users from scams and fraudsters. New innovative open source start-up Bitrated is doing just that – bringing the standards of consumer protection customers have come to expect from legacy payment systems to Bitcoiners worldwide. In a world first Bitrated offers consumer protection for the safe purchasing of Bitcoin and other goods with Bitcoin, an open arbitration marketplace, buyer fraud protection mechanisms, niche experts and more. Are you even aware of what day of the week it is? No wonder you are a wanderer
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... I'm not even a nice guy. I'm not concerned about teh n00bs, but rather how their goofy self-mutilation affects Bitcoin as a whole, and how this public perception affects the value of my investment. I don't even particularly care if stupid n00bs lose money, as long as they do it discretely, quietly, not center-stage under the spotlight.
I'm not a moralfag, I'm looking out for myself. Just like a guy quietly moving serious weight wouldn't let a punkass crack dealer set up on his stoop to push bunk. Hint: it's not because he's a nice guy worried about crackheads not getting their due bang for the buck.
TL;DR: Enlightened self-interest. If some noobs get schooled in the process? Gravy!
Typical trollbear Not sure why you keep quoting that. Yeah, educating you (the [not so] great [but definitely] unwashed) coincides with my self-interest. You should be dropping to your knees and thanking me. Why didn't ur moms teach you manners, Bitcoiners? I keep posting it because it reveals your true objectives and personality, morality or ethics be damned, while you profess everywhere that your scammy behavior is just you trying to uncover scams or pedo or whatever and filling your scuzzy pockets with pocket lint cheap coinz. You are just protecting your "investment" in fiat and the central bank enabling war machines. What agency do you work for? https://www.youtube.com/watch?v=4Qv5PuPtuRA
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How can you gentlemen live with yourselves, knowing that your little "hobby" supports TERROR?
$500,000 worth of mdma at street prices is Australia. ... whats that then 500g? ha ha good one. Yeah the ozzies pay through the eyeballs for anything imported or not easy to knock up. Tis why meth (yuk) is so popular over there and NZ, easyish enough for the gangs to knock it up. Doubt that's Australian prices, probably just you Bitcoiners getting charged x10-20 moar, because Bitcoin! ... I'm not even a nice guy. I'm not concerned about teh n00bs, but rather how their goofy self-mutilation affects Bitcoin as a whole, and how this public perception affects the value of my investment. I don't even particularly care if stupid n00bs lose money, as long as they do it discretely, quietly, not center-stage under the spotlight.
I'm not a moralfag, I'm looking out for myself. Just like a guy quietly moving serious weight wouldn't let a punkass crack dealer set up on his stoop to push bunk. Hint: it's not because he's a nice guy worried about crackheads not getting their due bang for the buck.
TL;DR: Enlightened self-interest. If some noobs get schooled in the process? Gravy!
Typical trollbear
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Facts lel. Where did you get your edumacation degree? Sesame Street? Your post is walls of text full of personal opinions and other garbage. I just quoted the Boston Fed researchers from that article. Since oda.krell was talking it as a bullish sign and that bitcoin is a great investment, I simply showed him (with quotes taken from the article) that they actually claim the opposite and said that bitcoin is "unlikely to succeed" Excuse me. It looked to me like kindergarten crayon letters the way you formatted the quotes. Let me guess, they love the technology but something other than the leading network is going to prevail and is going to be better because they are in charge? Cause they've done so well with fiat so far right? Can you move fiat currencies with the bitcoin network? Did you read the article? Did you see what they talked about? Did you see that "bullish on the technology" actually meant that it is going to spur innovation while better technologies are created or adopted and not that the bitcoin network or bitcoin the currency is going to be adopted in any way? No, you didn't, you just read "bullish" on a coindesk article title and started jerking off. Keep ignoring facts bruh "Cause they've done so well with fiat so far right?" ^You are just an insane man rambling on the subway Why so agitated chum? I did read the article and there is nothing you could possibly bring to my attention that I didn't know as far as facts about bitcoin or the Fed goes. You are sounding a little shrill lately. I'd recommend time off work and some decent rest before studying up on markets, networks, and other tough things to comprehend. You'll feel better and learn so you can share more good things with your fellow life forms instead of whatever it is you do now.
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Facts lel. Where did you get your edumacation degree? Sesame Street? Your post is walls of text full of personal opinions and other garbage. I just quoted the Boston Fed researchers from that article. Since oda.krell was talking it as a bullish sign and that bitcoin is a great investment, I simply showed him (with quotes taken from the article) that they actually claim the opposite and said that bitcoin is "unlikely to succeed" Excuse me. It looked to me like kindergarten crayon letters the way you formatted the quotes. Let me guess, they love the technology but something other than the leading network is going to prevail and is going to be better because they are in charge? Cause they've done so well with fiat so far right?
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Facts lel. Where did you get your edumacation degree? Sesame Street? The plan has been laid out for you newbie. Are you too dubm to leern trader genius?
The beartrolls are scammers of the highest order. Worse than neobee or a host of other failed or scammy bitcoin ventures and are just as fraudulent in trying to scare emotionally or financially weak people out of their coins. At least the outright scams asked nicely instead of using fear or emotional engineering. They lie about their objectives and try to obfuscate the truth by making it seem like their motivations for posting are out of moral duty to save fools from losing their money when in fact they are not ethical agents, just greedy book talkers or seriously confused dipshits
The short term price movements mean little in the face of what bitcoin has done in a very short time. Amateur hour is pretty much over. Stronger hands that are capable and ethically motivated are gearing up the engines and the real crooks are looking to game or exploit this experiment (which is expected and necessary).
However bad the first wave has been (Hello MagicalTux!), they did bootstrap a whole transparent world value ledger and multibillion dollar value economy to this point and must be lauded for their fearlessness of living on the lunatic fringe that also happen to be the spearhead of innovation. Here's to the ones crazy enough to think they can change the world.
TL;DR for newbies : Trollbear trader scammers want to cheat you out of your chance of a decent future stake in the most exciting technology/economy shift since the internet itself. Don't be stupid and put yourself at risk in the short term markets and risk another gox, wait for legitimate and secure exchanges or even better just spend them directly when it is ubiquitous. Do this instead FTW!:
1. Buy as much as is comfortable and healthy for your budget at as close to the bottom of long term bear cycles as possible. 2. Put duplicate private keys in cold storage in multiple safe locations and forget about them for a while.
3. learn and grow as an individual learning about economics, ethics, business, blockchain tech, etc. and develop your self discipline so when you have a lot of wealth you can use it wisely instead of what often happens to lottery winners, successful thieves or scammers, or other instantly rich, soon to be poor folks who often get very sick from not knowing how to handle all the stresses and temptations of managing wealth.
4. Have a long term vision and set goals for it, filling in the short term steps and details along the way.
5. Profit and enjoy your wealth and life with people who love you properly, building good things to exchange and taking on challenges to the benefit of yourself and your fellow humans.
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Sweet. Looks like the trolls are out in full force again today. I mean, I get what their general strategy is here, but didn't they learn anything from 2011/2012? Forum looked like a minefield then as well (that's my impression by going back to the old pages... wasn't actually a member then), but ultimately, forum impact is limited, and once the ball starts rolling, no amount of bearish spamming here helps against it.* * Same for the bull spam of course: once a correction is underway, no amount of their starry eyed projections will matter much. Ding ding ding! We have a winnna! +1 Edit: difference is that the permabulls (or just people who see the tech and economic principles for what they are) are always here (not necessarily in this thread, though), the bears slink off for hibernation during big up moves.
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For god's sake, silverfuture. Here we are. You got me into your house. You give me a drink. You... put on music. Now you start opening up your personal life to me and tell me your husband won't be home for hours. silverfuture, you're trying to seduce me Dirty LIttle Secret Lyrics from Versions (Rmxs) "Dirty LIttle Secret" is track #17 on the album Versions (Rmxs). It was written by Mclachlan, Sarah Ann. If I had the chance Love, I would not hesitate To tell you all the things I never said before Don't tell me it's too late 'Cause I've relied on my illusions To keep me warm at night But I denied in my capacity to love I am willing to give up this fight I've been up all night drinking To drown my sorrow down Nothing seems to help me since you went away I'm so tired of this town Where every tongue is wagging When every back is turned They're telling secrets that should never be revealed There's nothing to be gained from this but disaster Here's a good one Did you hear about my friend? He's embarrassed to be seen now Because we, oh no, be seen If I had the chance Love, you know I would not hesitate To tell you all the things I never said before Don't tell me it's too late 'Cause I've relied on my illusions To keep me warm at night But I denied in my capacity to love I am willing to give up this fight Oh, I am willing to give up this fight Songwriters MCLACHLAN, SARAH ANN
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Me? Insecure about craving the D? Sometimes, the past comes back to bite you on the ass. Like that time 5 years ago when you didn't fire up that bitcoin program and mine some bitcoins on your laptop. Or buy them at $2 after everyone who wasn't half brain dead zombie found out about it? Or admitting to craving the "young D" on a forum?
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Short term movements are happening on teh wallZ Cut your loosez!!
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Did someone fart in here? I thought I heard something.
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