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2501  Bitcoin / Bitcoin Discussion / Re: bitcoin in pure gold on: July 22, 2014, 02:00:37 PM
A beautiful coin, but call me racist or whatever you want but I would be a bit concerned buying a gold coin from China...
Racist. Well, at least you knew you were being a racist. That's something.
2502  Bitcoin / Bitcoin Discussion / Re: Has anyone that stole BTC have been caught, ever? on: July 22, 2014, 12:40:04 PM
Mark Karpeles. sort of...
2503  Bitcoin / Bitcoin Discussion / Re: Bitcoin is my saviour! on: July 22, 2014, 12:33:06 PM
Suggestions welcome
Drop out of college, take your student loan money, buy bitcoin with cash in person. Use a prepaid "burner" phone with a fake name on the account, pay in cash. Throw it away after the transaction is complete. Don't touch the money for at least 18 months. Never repay your debt.

Your credit score will be trashed. Worry not, this will soon be irrelevant. The banks will go bust. Enjoy your future of liberty and wealth.


Yours in compassion and solidarity,

World Citizen Beliathon
2504  Economy / Speculation / Re: Pattern Recognition 101 on: July 22, 2014, 12:29:33 PM
can people stop waiting around sitting on their hands thinking about the bitcoin price magically spiking.
What makes you think that's what we're doing? Spreading the truth about Bitcoin is helping Bitcoin, and the world.

these people.. are not bitcoiners, they are fiat investors waiting for the day they can cash out..,
Nice blanket generalization there Franky. Can't speak for anyone else, but I have no intention of ever "cashing out". Trading an appreciating asset for a depreciating one is the epitome of foolishness.

Damn man, I usually like your posts. Oh well, can't win em all.
2505  Economy / Speculation / Re: Pattern Recognition 101 on: July 22, 2014, 11:47:41 AM
Looking at that pattern seems that we will be facing a long period of stagnation, only after that (1 year?)
Perhaps, but I doubt it. The wheels in the Bitcoin world are spinning much, much faster today than they were 18 months ago.
2506  Economy / Speculation / Re: Pattern Recognition 101 on: July 22, 2014, 11:37:38 AM
Self similar object?

So, next spike will bring bitcoin to astronomical level?
With regards to Bitcoin, "astronomical" is always relative to where you stand in time.

600 would be astronomical to someone looking at Bitcoin 18 months ago. 60 would seem terrible to someone looking at Bitcoin today.

Bitcoin is always approaching infinity relative to fiat money value. That's what happens when you put a deflationary, limited-supply form of money in the same place and time as an inflationary, unlimited-supply form of money. It's inevitable.
2507  Economy / Speculation / Pattern Recognition 101 on: July 22, 2014, 11:31:17 AM
Look familiar yet?

2508  Bitcoin / Bitcoin Discussion / Re: So the early miners has the most bitcoins? on: July 21, 2014, 08:42:24 PM
Actually, we are all winners. Even those with 0 BTC win by ending the dominance nation-state blood-money.
2509  Bitcoin / Bitcoin Discussion / Re: Is it possible for somebody to collect all bitcoins? on: July 21, 2014, 08:36:01 PM
bitcoins = pokemon

Gotta catch 'em all!

What would happen if somebody collected all of them and they sold 1 bitcoin for like $50000,would you move onto another coin or would you try to get the coins circulating again?
By the time one person collected even 33% of all BTC, 1 Bitcoin would already be selling for well over $50,000 each. Personally, if I knew some entity was trying to get them all, I'd only sell mine for 100x curent market value, and I'd never sell more than half my BTC even at that price.

Essentially, this is why it is impossible to collect them all.
2510  Bitcoin / Bitcoin Discussion / Re: My Bitcoins are not stolen .. on: July 21, 2014, 08:34:28 PM
Surely having to go to such lengths to protect your Bitcoin is only going to make it harder for mass adoption?
Things will change in time. Bitcoin will become easier, more user-friendly, more secure for the average joe.

When that happens, you will know. Because you will be rich.
2511  Bitcoin / Bitcoin Discussion / Re: What you like and dont like from the bitcoin regulation draft? on: July 21, 2014, 01:08:28 PM
I will just cut and paste my response for you from Reddit:

"Oh look, more rules and regulations for the plebians? That's cute.

You let me know when these laws against money laundering start applying to corporations and political elites and I'll start taking you seriously and maybe even consider obeying your laws. Probably not though, since they're fundamentally unenforceable.

Now if you'll kindly excuse me, I need to get back to downloading TOR, Tails, Dark Wallet, and Bitmessage, all while sharing terrabytes of free culture on the Pirate Bay and smoking weed.

TL;DR - You have no power here. Fuck your laws, fuck your corrupt oligopoly, and fuck you
."

This comment netted me like 200 karma and 3 months reddit gold, so it must have resonated with folks in r/bitcoin.

the word regulation...

here I'll fix it for you: Bitcoin Regulation CONTROL Draft

Seriously, why would I waste my time reading this filth. Stop trying to play in their system. You will lose. Think of ways around their system.
Quoted for truth.
2512  Bitcoin / Bitcoin Discussion / Re: Who is Going to the MT Gox Creditor Meeting and What Will You Do If You See Mark on: July 21, 2014, 01:00:01 PM
I'm not going, but if I was I would give him a nice warm hug.
2513  Bitcoin / Bitcoin Discussion / Re: whats stopping you from investing in Bitcoin? on: July 20, 2014, 11:23:20 PM
I am overinvested in Bitcoin. I am buying some physical gold to diversify.
Yeah, you don't want to make TOO much money...  Grin
2514  Bitcoin / Bitcoin Discussion / Re: whats stopping you from investing in Bitcoin? on: July 20, 2014, 10:21:08 PM
Mostly ignorance and fear.
2515  Bitcoin / Bitcoin Discussion / Re: Thanking Banking on: July 20, 2014, 05:34:55 PM
Atheism would be the wrong analogy, perhaps the birth of the enlightenment period would be more fitting. And of course, the enlightenment was a result of the excesses of religion, the subordination and repression of the masses. It produced an eventual positive effect on society, profoundly changing the power structures in society.
Ahh yes, I stand corrected. The Renaissance would be the result.

I think we are witnessing something similar now with the birth of the internet triggering a "Neo-Renaissance", the dawn of the information age. Bitcoin is part of that.
2516  Bitcoin / Bitcoin Discussion / Re: Thanking Banking on: July 20, 2014, 03:57:39 PM
Gratitude is only appropriate if it was the banks' (CEOs, boards, shareholders) intention to create Bitcoin as a result of their cronyism. In other words: gratitude presupposes intent.

Edit: Human rationality and human morality comes from our consciousness and therefore a deed can only be moral if it is intentional, meaning that it has started in the consciousness. And since the banks did not intend to foster a good Bitcoin environment, we have nothing to thank them for.
This one speaks wisely. The banks deserve nothing but our disgust.

Do you also thank organized religion for all the crusades, jihads, witch-hunts, burning at the stake, and other forms of unimaginably horrific torture throughout the ages for producing ATHEISM today?  No, you don't.

Fuck the gods, fuck the masters, fuck the banks, fuck the politicians and the corporate laywers, fuck the nation-state dominated world that has been governed by violence instead of reason. All of this trash should be swept into the dustbin of history with great enthusiasm.
2517  Bitcoin / Bitcoin Discussion / Re: Bitcoins are a fake currency that is nothing more than a confidence scheme. on: July 20, 2014, 03:27:43 PM
"Bitcoins are a fake currency that is nothing more than a confidence scheme."

A quote from this article:
http://nypost.com/2014/07/19/dear-john-take-this-bitcoin-of-advice/
LOL New York Post. I wouldn't use that rag to line my cat litter box.
2518  Bitcoin / Bitcoin Discussion / Re: Whats your financial goal with Bitcoin?Lets work together to realize our goals on: July 20, 2014, 03:25:42 PM
Whats your financial goal with Bitcoin?Lets work together to realize our goals
My goal with being involved in Bitcoin is more spiritual than financial. This technology has the very real potential to make this world a better place for everyone.

The end of the nation-state war machine, with it's infinitely printed murder money.
2519  Other / Beginners & Help / Re: How easy was it to buy Bitcoin back in 2011? on: July 20, 2014, 02:51:31 PM
If you were into Bitcoin back in 2010-11, you didn't even NEED to buy them because they were so easy to mine. It was like, "run your computer for free money that isn't really worth anything.... yet."
2520  Bitcoin / Bitcoin Discussion / Re: Begining of the END for BTC. Bitcoin is becoming ultra regulated currency on: July 20, 2014, 02:33:14 AM
BTC is becoming peace of shit ultra regulated currency like USD, YEN, etc. and I don't like it. Probably true crypto believers will abandoned BTC soon if not even sooner:

http://www.businessinsider.com/nydfs-bitlicense-draft-2014-7
Yes, I agree, it's doomed. You should sell me all your BTC, for cheap, before the crash comes!

PM me, I'll give you great deal in super-trustworthy and definitely-not-going-to-crash-EVER US dollars for all your soon-to-be-worthless BTC.

Hurry, before it's too late!
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