Guy's not only a troll, but a troll that's possibly involved with Freemasonary (and of course TPTB). Look at the symbols he uses for his channel and in the intro to his videos.
He has banned me for saying this in response to his vids. Guy's not a very upstanding honest character.
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2010: Bitcoin Begins July 2011: The Dark Bitcoin August 2011: The Bitcoin Rises
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Too bad this market is going down. You'll be able to have all the btc in the world... but they'll be worth 0 USD
Yeah BTCs may drop to $0.00 but I really don't care. All of the speculation is white noise to me. I'm just here to play on the slopes. Kind of like skiing on ones and zeros. In the end I fully expect my USD to be gone but the entertainment value is worth the cost of a few bucks. If I can cash out when it begins to bore me with more than I put in then I'll be surprised and will use the windfall on the next shiny object that catches my eye. I know. I'm a little weird. Yep, same for me. Bitcoin is entertaining, it's unpredictable yet fascinating like an off-beat novel.
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Bitcoins will have its day in the light and emerge victorious.
But that day won't be today nor tomorrow or anywhere in the foreseeable future.
These crashes are just a massive shakedown. Another test. Another lesson.
At the very least, many who have invested into this hobby, not just in terms of money but in terms of time, have gained much insight from it.
What is learned will not be forgotten.
Bitcoin may fail but something will be taken it from and be a part of something of future societies.
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Bitcoins can never really "die". It's not a company with stocks or anything like that.
This crash and other negativity may make it unattractive to most people. But who cares?
It will still float around and as long as it is, EVENTUALLY something else that is built upon this 1.0 "beta' will take the mantel.
The cycle of birth and rebirth will repeat itself until a victorious Bitcoin-like decentralized system emerge.
You can stop Bitcoins, but you can't stop time. Every second is one moment closer to the death of Bitcoin's opposing paradigms.
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The issue with exchange rates and volatility and all that are growing pains that will may have to deal with for a long time.
It will take much time for every single portion of the centralized network that makes Bitcoins usable to be fully secured
For the AVERAGE PERSON, using Bitcoins is difficult because there's nothing important or of great value that ONLY be bought with Bitcoins, nothing at an exclusive or discounted level.
Right now many coins are just traded back and forth, for novelty, for speculation, or to support Bitcoins' philosophy or potential future, or perhaps to buy obscure items.
But as soon as Bitcoin's advantages are utilized at a major level like Amazon it will automatically be supported by more people and the troubles of certain websites like we're dealing with now will not affect Bitcoins as much.
We need merchants and other venues to make it so that if you're NOT gonna spend Bitcoins you will lose out (ie Major gambling sites that give more perks to Bitcoiners than non-Bitcoincers).
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Another biased report; mentions of the word "Ponzi scheme", "illegal activities" and etc without explaining such arguments ("some say...").
Maybe we should all stop using cash? Since cash is probably the most popular method of illegal transactions, ie drug dealing.
The aim of a currency has nothing to with stopping it from being used for illegal or shameful purposes. As long as people want drugs or porn or whatever else, they will find ways to use any currency as a trading tool, be it cash or Bitcoins or golden nuggets. It's not Bitcoins' problem, it's an issue with people.
For every hint of a "pro" Bitcoin argument, they present a dozen useless negative fallacies about Bitcoin. Why don't they mention how Bitcoin cannot be willingly printed at mass out of thin air? The guy from WIRED didn't mention any of the security aspects of Bitcoins and how it cannot be easily counterfeited.
Apparently people can't say "Some people say bad things about it." Some people say you are an idiot. And who are those "some people"? What do they base their arguments on? No need for personal attacks.
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For every hint of a "pro" Bitcoin argument, they present a dozen useless negative fallacies about Bitcoin. Why don't they mention how Bitcoin cannot be willingly printed at mass out of thin air? The guy from WIRED didn't mention any of the security aspects of Bitcoins and how it cannot be easily counterfeited.
Don't be so sure of that. It was likely a half hour interview and they only used a few seconds of it. Okay, I apologize. Let me restate that the problem is with the reporting, not the guy from WIRED.
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Another biased report; mentions of the word "Ponzi scheme", "illegal activities" and etc without explaining such arguments ("some say...").
Maybe we should all stop using cash? Since cash is probably the most popular method of illegal transactions, ie drug dealing.
The fuction of a currency has nothing to with stopping it from being used for illegal or shameful purposes. As long as people want drugs or porn or whatever else, they will find ways to use any currency as a trading tool, be it cash or Bitcoins or golden nuggets. It's not Bitcoins' job, it's an issue with people.
For every hint of a "pro" Bitcoin argument, they present a dozen useless negative fallacies about Bitcoin. Why don't they mention how Bitcoin cannot be willingly printed at mass out of thin air? The guy from WIRED didn't mention any of the security aspects of Bitcoins and how it cannot be easily counterfeited.
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Hmmm, my latest payout to my wallet isn't showing up either on blockexplorer. On my deepbit payment page, all the prior transactions (when you click on the dates) are linked up to blockexplorer, but the last one says "No such transaction". I hope this is just a delay.
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Either those spam bots were put there to spread a virus, or this is just another way to make Bitcoins look bad by associating it with spam.
It's probably just a lame tactic to stop people from finding the latest legit Bitcoin videos because all the latest results are 90% all junk.
Also note the style in which these videos are made: they take titles from older videos from real users, and even retains the same minute lengths. But instead of any content, it's just random stills from TV shows.
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Bruce ate a poisoned "burrito" at Meze Grill and passed away.
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Speed Bumps on the Road to Virtual CashMONEY is accumulated, traded and transferred online every day, but can there be a form of currency that exists only online and yet has real-world value? Gavin Andresen, who is the lead developer of the open-source software that operates the currency, said in an interview from his home in Amherst, Mass.: “I expected it to have lots of speed bumps along the way — but I didn’t expect there to be so many speed bumps in a row.” “I’ve sold 24 collars, 13 leashes and 1 pair of ‘Disco Knickers’ with Bitcoin over the last few months,” she wrote in an e-mail. “The first order I had was for 42 BTC, which was worth about $40 at the time, but now those coins would be worth around $680! Originally I had a fixed Bitcoin price, but now I do a conversion based on the exchange rate.” “This is a censorship-proof currency that allows transactions to happen,” he said. “Right now what are those sort of transactions? Gambling, buying drugs — that is what is going to jumpstart it.” Two page article at http://www.nytimes.com/2011/07/04/business/media/04link.htmlI would not say this is necessarily a positive spin for Bitcoin, but the smarter reader I think can take a lot out of this piece. Smart readers probably don't read the times. They're a dime a dozen.
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The intrinsic value of Gold and Silver is that they have other applications (jewelry, medicinal, electronics, construction, etc.) other than as a bartering and trading medium.
But what most of the critics of Bitcoins do not realize is that the intrinsic value of Bitcoins is that it can be traded back and forth in an near instance and at speeds which your Gold and Silver cannot. Can you send Gold or Silver through the internet to someone you've never met? It's quite difficult. This is where Bitcoins have the advantage over physical assets. To ignore this inherent trait of Bitcoins and to dismiss it has having no value is like saying that the internet has no value because it's not physical either.
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Rawdawg's stupidity, even if his views are negative, is only helping to give Bitcoins more publicity.
You should be careful of guys like Daytradeshow. If the guy isn't a paid troll then I feel really sorry for that idiot.
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Gox me baby one more time!
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Use everything. Don't put all your eggs in one basket. Try to give support to more exchanges.
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LOL
"Ben Bernanke says: June 25, 2011 at 7:50 am
I highly endorse these methods. I have already captured, erm, made a significant amount of BTC.
Good on you!"
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