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The depravity and foolishness of these r/bitcoin fuckers has reached a new high.
We got plenty brain scientists right here, inventing self-supporting ponzi  ...
Well using the same principles of supply and demand, I would say if each Bitcoiner started buying more and more Bitcoins that the supply would go down, and the demand would go up correct?
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^ The past year has left you holding the bag tho.  |
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 We got cookies |
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the short reply would be .... Never...
they will just keep on printing money and Gov bonds, which will only increase such dept.
You know that the debt is denominated in the very same USD that's being printed, right? yes i do, and your point being...? The point being that if I owe you USD, and I print USD, I can ask the guy running my printing presses to print up whatever it is I owe you & give it to you. Debt paid, easy peasy Debt paid but it will have dire consequences. Oh? Then I guess I'll tell my guy to stop the presses  ...The problem is inherit to the system...
I keep hearing about this impending doom, mainly from the lunatic fringe. ...  |
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...The problem is inherit to the system...
I keep hearing about this impending doom, mainly from the lunatic fringe. ...all they do is bring closer the impassable object.
If the driver is bad, sane people opt for a better driver. Bitcoiners want to replace the driver with a windup toy |
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... but holding Dollars now seem very risky...
Bro, over the past year the dollar has lost less buying power than BTC has over the past 24hrs. Learn life. Keeping Dollar instead of Bitcoin was a good trade this year but long term I don't think it will. Rich people have their wealth in assets not fiat. You need to look at a much longer time frame then just one year when determining how good of an investment something is/was. Looking at a one year ROI is an arbitrary short time frame. If you were to double that and look at a 2 year ROI you will see that someone who purchased bitcoin this time in 2012 would have grown their money by ~30x while the value of their dollar would have been roughly the same (there was very low inflation over the past 2 years) A year timeframe is far from "arbitrary." 37 days would be arbitrary. 2 years would be arbitrary, A year is a natural. A year is also far from "short" for Bitcoin--Bitcoin's entire history is 5 years, 3 of which were spent in single-digit obscurity. But hey, if Bitcoin is going to be huge in 9009, I think I'll pass on it for the time being. On a more positive note, Bitcoin's been getting some recognition lately. What was it, "The worst investment of 2014"? Your statement is true for financial statements however it is misleading when measuring the performance of investments. There have been many scandals where mutual fund companies had used specific measurements to make it look like their funds' performance was better then the index they were trying to beat by measuring at arbitrary times, over arbitrary timeframes. Anytime you want to measure an investment's performance you want to look at as long as a timeframe as possible to get the most accurate result In that case, Bitcoin is an infinitely good investment, its IPO price was 0 [zero]. This also makes Dogecoin, Litecoin, and every shitcoin still being mined an infinitely good investment. If it's not obvious (and, on this forum, I've learned to take nothing for granted), I'm joking. Investing in a pyramid scheme is smart, provided you know that it's a scheme & can get out early. Investing in one when it's starting to crumble is not. |
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Warren buffet will have a nasty wake up call when it comes to Bitcoin succeeding.
He's worth over 60 billion dollars. I'm sure his secretary's secretary would take that call, laugh, and hang up. *He also missed out on BTCeanie BTCabies, btw. He's holding up well, considering... |
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i am thinking to change all my btc in bitshares and ripple  Go fuck off then Children!   |
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Buying & selling daily/daytrading.
Wake Up! buy and hold doesn't work.
In what sense? It is working for me. In a long term bull trend it is a great strategy. Do you know something we don't? It's working fine if you're in this to lose shitloads of money. Your second post on this forum, Dec. 5, 2013, near BTC ATH, aka "near the top": Bears back to caves. I bought on localbitcoins in the UK near the (hopefully) bottom.
cuz thats when he was born right? no way in hell inca could have had a bitcoin before he had that specific bitcointalk account. no way in hell. Though I can understand why, judging by his posts, you would assume he's a one-year-old, I somehow doubt it. If you are trying your hand at sarcasm, OTOH, only n00bs and money launderers pay a premium for BTC by buying on localbitcoins. The rest sell. Hope I've cleared things up for you a bit |
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.@Lincoln6Echo  |
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...
You certainly havent lost interest.
...
A day without Bitcoin[talk] is a day without laughter. |
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Not really, I'd say more of the same. If Havelock is to be trusted, and was losing money as its whatever_you_call_those_things financial statements suggest, it's improbable that, with declining volume, this would change.
How long can Havelock afford to operate in the red? What will be the end game?
Amateur investment enthusiasts The savvy financiers currently losing money trading on Havelock are unlikely to call Havelock's mom & tell take any legal action against a Somalian Panamanian shell co. Even these degenerate gamblers titans of Bitcoin commerce realize the futility of tilting at windmills.
So yeah, more of the same, slowly fading into obscurity just like the Securities section of this forum.
This post has been redacted and edited for compliance with Panamanian libel laws.
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think we'll have any significant differences in price movement (up, down, bouncing around...) after new years? seems everything's kinda just waiting this time of year.
It's not so much waiting as people losing interest. |
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the short reply would be .... Never...
they will just keep on printing money and Gov bonds, which will only increase such dept.
You know that the debt is denominated in the very same USD that's being printed, right? yes i do, and your point being...? The point being that if I owe you USD, and I print USD, I can ask the guy running my printing presses to print up whatever it is I owe you & give it to you. Debt paid, easy peasy |
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the short reply would be .... Never...
they will just keep on printing money and Gov bonds, which will only increase such dept.
You know that the debt is denominated in the very same USD that's being printed, right? |
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...Never underestimate the ability of central banks to use their primary tool - the money printer. Or get another central bank to use theirs and provide buying pressure when required.
>Invests in Bitcoin, which does nothing but print money, currently inflating the coin supply @~14% a year >grumbles about central banks printing money No wonder you're broke. @slushee  |
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No one knows who is making what. Unless I missed something AM has not clearly said what part of the profit is for them or RM. It is all speculation until they actually give you some info. I would hope that with selling so much AMHash they are cash positive by now or something is really off.
Not to mention mining since mid July... and the 'not needing to worry about selling BTC for some time' statement. There's gotta be some cash AND BTC on the books somewhere. My guess is that because Friedcat is a forward thinker, he's not waiting for the tooth fairy to pay for a Gen4 mask ... I can't help but read Friedcat's actions as being long term, and a bit stealthy... More speculation? Amazing. To be fair tho, I've seen more plausible arguments defending the Tooth Fairy. |
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^TL;DR: Another lengthy, detailed post insisting that you're to lazy to learn the facts because you don't care. Protip: Don't post about shit you don't know or care about--you'll have time to play more vidya Given you have more than 5200 posts on btctalk since the start of the year (not including your numerous alts/sock puppets), I think it is fair to say no one on this forum has more time to play 'vidya' than you. Inca, I once had great hopes for Bitcoin. I never suggested that I don't care. Besides, other than, perhaps, Goat Simulator, what vidya has as much slapstick hilarity as this forum? Rhetorical question--no vidya comes close. Now go and "increase your holdings" 4 mah entertainment  |
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