... Yup. Pure, unchecked animal greed  Idiots hoping to make millions and getting owned by their betters. In teh unregulated free market they themselves championed.  Yeah. Dig yourself further into your stupid-ass simplistic view of the world and view of the motives of bitcoiners. Surely there may be a few people who fit that description of motives; however, it is NOT as wide-spread and common as you are asserting such greed motives to be. >Because people buy, hold, and speculate in Bitcoin (this thread) to save kittens.  People participate in this thread and other threads in order to read and post about various ideas related to bitcoin.... NOT the whole community of bitcoin investors participate in these kinds of threads... My posts are about, and aimed at, the people in this thread. Those not "participating" in this thread don't get to see them, thus are spared the butthurt. It all works out, JayJuanGee, it all works out Accordingly, I will take that as a concession of sorts, that you are merely calling participants of this thread greedy, and NOT all bitcoiners. Therefore, we have made a little bit of progress with your thinking, even though there seems to be a long way to go... and really, I do NOT put it passed you to continue to attempt to engage in further inaccurate claims.. |
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... Yup. Pure, unchecked animal greed Idiots hoping to make millions and getting owned by their betters. In teh unregulated free market they themselves championed. Yeah. Dig yourself further into your stupid-ass simplistic view of the world and view of the motives of bitcoiners. Surely there may be a few people who fit that description of motives; however, it is NOT as wide-spread and common as you are asserting such greed motives to be. >Because people buy, hold, and speculate in Bitcoin (this thread) to save kittens. People participate in this thread and other threads in order to read and post about various ideas related to bitcoin.... NOT the whole community of bitcoin investors participate in these kinds of threads. Additionally there is a lot of variation to the extent that people are informed about their investments and/or their investment strategies... .In other words, those investment strategies do NOT necessarily boil down to "greed," and as I have asserted the prevalence of "greed" is a much smaller factor than you are making it out to be... and much smaller of a factor than you are harping upon with your ongoing attempts to spread FUD. |
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JayJuanGee,
If I post several long paragraphs explaining why possibility does not imply even slight probability, would it have any impact on your analysis about anything?
No, but you'll get x5 paragraphs back, each one longer than yours. Profit  And all of them will focus on one nitpicked line from everything you typed. And, for those readers who are challenged, like Octaft, they will have difficulties holding their thoughts on one idea for more than one sentence at a time. |
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JayJuanGee,
If I post several long paragraphs explaining why possibility does not imply even slight probability, would it have any impact on your analysis about anything?
No, but you'll get x5 paragraphs back, each one longer than yours. Profit Or if you direct the message to NOT Notporkchops, you will get some stupid ass cartoon that is only quasi-relevant making fun of you. Go figure.  |
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JayJuanGee,
If I post several long paragraphs explaining why possibility does not imply even slight probability, would it have any impact on your analysis about anything?
Maybe.  Nonetheless, I understand the difference between the terms, but you never know about whether something that you may say may enlighten the thinking of another.... whether bot or human. |
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And if we are to worry about paper losses, the skeptics have more to lose than their untarnished egos. For example, you have been around these parts since December of last year, you've had plenty of time to accumulate some bitcoins for sub $1000/$600/$300 prices. Your lack of buying over the past year means you've forgone the chance to reap the benefits of a sudden bubble to say $6k. That's a 10x increase in paper gains you are betting on not happening. Which I would guess would have more impact to your life than the loss of a couple million would to the Draper family. Fear of missing out is as good a reason as any to try to influence the price down for a skeptic.
I am not sure I understand the logic. "I may have an oportunity to make more than 1000% ROI in the near future, but since I did not bet on that opportunity before, I will try to prevent that opportunity from arising." By the way, note that my strategy -- NOT buying a single satoshi -- has put me in a much better position, vis a vis that fabulous possible opportunity, than all those who went "all in" since last November, when I first learned of bitcoin. In the unlikely chance that I decide to invest now, I will get twice as much return on the dollar than those who bought in January and have been hodling since then. You are being quite selective with your presentation and your timeline. There are people who got involved in BTC in January 2013, and currently those investments would be worth about 30x the initial investment value. Since December or January, you have been whining about the decline of value of BTC and you have been using the November/December ATH as your starting reference point... Your vision seems a bit skewed, no? Do you claim to be an academician? |
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I believe that last point is a bit much, and merely seems to be playing into concepts that BTC is a ponzi scheme, which you should realize by now that it is NOT a ponzi scheme, even though you want to continue to project theories and to see data that are in support of those kinds of ideas and the spreading of those kinds of frameworks.
Once again, YOU are saying "BTC is a ponzi scheme", not me. Those entrepreneurs obviously have substantial interest in making people believe that bitcoin has a bright future and is going "to the moon" any time now. They are selling their funds, services, and bitcoins; and no one expects salesmen to provide unbiased evaluations or sponsor impartial data gathering and publication. That is all. It should be noted also that no one should expect a balanced view of the market/Bitcoin from people who define their identity on Bitcoin being a failure either. Someone who claims they have no stake in the game, and is skeptical of Bitcoin (to the point of having it included in every post) should be viewed in the same light you are projecting on the these "salesmen". That is all. +1 Jorge tries to position himself above the fray with his bullshit claims of academia... and supposed objectivity. |
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BTC is an pyramid scheme, not an ponzi scheme.
I think you are full of shit in your attempt to draw subtle distinctions that remain inaccurate; however, what's the difference in your "esteemed" estimation? Or are you just throwing out a bunch of claims without any basis in reality in an attempt to inaccurately categorize bitcoin into what it is NOT? |
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I believe that last point is a bit much, and merely seems to be playing into concepts that BTC is a ponzi scheme, which you should realize by now that it is NOT a ponzi scheme, even though you want to continue to project theories and to see data that are in support of those kinds of ideas and the spreading of those kinds of frameworks.
Once again, YOU are saying "BTC is a ponzi scheme", not me. Those entrepreneurs obviously have substantial interest in making people believe that bitcoin has a bright future and is going "to the moon" any time now. They are selling their funds, services, and bitcoins; and no one expects salesmen to provide unbiased evaluations or sponsor impartial data gathering and publication. That is all. In both this response, and your reference to my previous response, you suggest that I am characterizing bitcoin or the motives of bitcoin players. Neither of which is accurate. You should realize, as a supposedly sophisticated and supposedly educated person, that I am characterizing your statements and the inferences of your statements and the apparent motives of your statements. It is possible that my characterization of your statements is inaccurate, and in that regard it remains inaccurate to attribute to me what you are seeming to be saying and/or asserting and/or your motivations for such characterizations. There's NOTHING that is really bearish about the data contained in your first two links above, and your last point seems to be near total pie in the sky speculation with NO real world evidence to support the point that you seem to be attempting to outline (as if bitcoin is kind of dying away... hehehehe.. yeah, right...)
YOU are saying "bitcoin is kind of dying away", not me. But, indeed, there is NO real world evidence about bitcoin usage. Those plots do not show such growth, and we have no idea of what that blockchain traffic really is. That is all of my point. But, if you care to know, I also believe that the bitcoin entrepreneurs like Andreessen, Sielbert, Draper, Matonis etc. (and the bitcoin "news" sites that they support, like Coindesk) have no interest in such data becoming available, because they know that it would be depressing and bad for their sales. Just like they want people to believe that China is irrelevant. |
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While the bulls listen to suicide hotline hold muzak, I'm DANCE PARTY!  Yes, you and posters like mmitech seem to revel in the potential misery and losses of others. Sad state of affairs for you kinds of people, that is if you happen to be real people. I enjoy watching dumb animal greed get bitchslapped by the Invisible Hand. Market forces at work, what's not to love? THE year's at the spring And day's at the morn Morning's at seven The hill-side's dew-pearl'd The lark's on the wing The snail's on the thorn God's in His heaven-- All's right with the world! Bullshit!!!! You are assuming that people who invest in bitcoin and want prices to go up are greedy.. and then you try to implant those ideas on them in order to denigrate them and to project a negative image of bitcoin. There is NOTHING really healthy about those kinds of feelings and those kinds of needs to paint bitcoin in such a negative light. Yup. Pure, unchecked animal greed Idiots hoping to make millions and getting owned by their betters. In teh unregulated free market they themselves championed. Yeah. Dig yourself further into your stupid-ass simplistic view of the world and view of the motives of bitcoiners. Surely there may be a few people who fit that description of motives; however, it is NOT as wide-spread and common as you are asserting such greed motives to be. |
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I enjoy watching dumb animal greed get bitchslapped by the Invisible Hand. Market forces at work, what's not to love?
Maybe the people who got in at <$10 and held the entire way through because they thought $600, $800, etc. wasn't enough -- waiting for $100k/btc or whatever ridiculous prices bulls we're calling for during the big rise -- could be considered greedy, but the guys who bought at those prices were actually quite generous in their donations to those who bought at single/low-doubles and had the sense to take profit along the way. $100k is still within the reasonable realm of possibilities... and merely b/c people are making these kinds of claims does NOT mean that they are tricking anybody or attempting to trick anybody. Now if we attach probabilities to various possible price points, then some predictions are going to be more outlandish than others... but none can really guarantee the future, so that is a bit much to attribute some blame to people who are more bullish in their predictions regarding the height of the price rise and the speed of the escalation. |
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Yeah, you were very enlightened to start such a novel and creative thread.... and also, your thread appears to only be about bitcoin, and NOT about crypto, generally. Accordingly, you appear to be just trolling by NOT having any substantive discussion, but instead enticing other people to respond to you vague and weakly substantiated allegations. |
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While the bulls listen to suicide hotline hold muzak, I'm DANCE PARTY! Yes, you and posters like mmitech seem to revel in the potential misery and losses of others. Sad state of affairs for you kinds of people, that is if you happen to be real people. I enjoy watching dumb animal greed get bitchslapped by the Invisible Hand. Market forces at work, what's not to love? THE year's at the spring And day's at the morn Morning's at seven The hill-side's dew-pearl'd The lark's on the wing The snail's on the thorn God's in His heaven-- All's right with the world! Bullshit!!!! You are assuming that people who invest in bitcoin and want prices to go up are greedy.. and then you try to implant those ideas on them in order to denigrate them and to project a negative image of bitcoin. There is NOTHING really healthy about those kinds of feelings and those kinds of needs to paint bitcoin in such a negative light. |
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There's NOTHING that is really bearish about the data contained in your first two links above, and your last point seems to be near total pie in the sky speculation with NO real world evidence to support the point that you seem to be attempting to outline (as if bitcoin is kind of dying away... hehehehe.. yeah, right...)
YOU are saying "bitcoin is kind of dying away", not me. But, indeed, there is NO real world evidence about bitcoin usage. Those plots do not show such growth, and we have no idea of what that blockchain traffic really is. That is all of my point. But, if you care to know, I also believe that the bitcoin entrepreneurs like Andreessen, Sielbert, Draper, Matonis etc. (and the bitcoin "news" sites that they support, like Coindesk) have no interest in such data becoming available, because they know that it would be depressing and bad for their sales. Just like they want people to believe that China is irrelevant. I believe that last point is a bit much, and merely seems to be playing into concepts that BTC is a ponzi scheme, which you should realize by now that it is NOT a ponzi scheme, even though you want to continue to project theories and to see data that are in support of those kinds of ideas and the spreading of those kinds of frameworks. |
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While the bulls listen to suicide hotline hold muzak, I'm DANCE PARTY! Yes, you and posters like mmitech seem to revel in the potential misery and losses of others. Sad state of affairs for you kinds of people, that is if you happen to be real people. |
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gr8est buying opt of our time? or just another wednesday?
I am NOT sure about whether this is the "greatest buying opt of our time;" however, there seems to be a pretty decent buying opportunity presented to us at this very moment, as I type. I made a small contribution to the battle, and bought nearly 2 BTC at $238, and I suppose my next purchase point will be in the mid-$320s arena, if prices were to sink that low in the next critical 24 hours.  O.k.. do you have words? What's your point? I have been pretty straight forward about my various buying strategies while prices are dropping... that has been my strategy for quite some time because overall I retain the theory that prices will be rebounding at some point (and it could be unexpected and it could be violent... I have NO crystal ball, just a BTC buying and holding strategy that I am attempting to employ on an ongoing basis). are you bought at 238 ? or planning to buy at 238 ? You would think your point would be obvious to anyone with half a brain by what you bolded, but subtlety is lost on morons. Points are usually made by making some kind of description and communication... You seem to heard of that, but you seem to be inclined towards name calling and mudslinging rather than any attempts at a constructive exchange of ideas. Sad for you.   |
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this is crazyness 336 !!!  I don't see what you are referring to? The lowest that I see so far on Bitstamp is $337.74... We use Bitstamp prices here, unless you otherwise specify your reference |
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i think i'm waiting for a sign to get my bids in...
What kind of sign? |
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gr8est buying opt of our time? or just another wednesday?
I am NOT sure about whether this is the "greatest buying opt of our time;" however, there seems to be a pretty decent buying opportunity presented to us at this very moment, as I type. I made a small contribution to the battle, and bought nearly 2 BTC at $238, and I suppose my next purchase point will be in the mid-$320s arena, if prices were to sink that low in the next critical 24 hours. O.k.. do you have words? What's your point? I have been pretty straight forward about my various buying strategies while prices are dropping... that has been my strategy for quite some time because overall I retain the theory that prices will be rebounding at some point (and it could be unexpected and it could be violent... I have NO crystal ball, just a BTC buying and holding strategy that I am attempting to employ on an ongoing basis). did you go back in time to pick up $ 238 coins? I wished!!!!!!.... Fuck. |
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gr8est buying opt of our time? or just another wednesday?
I am NOT sure about whether this is the "greatest buying opt of our time;" however, there seems to be a pretty decent buying opportunity presented to us at this very moment, as I type. I made a small contribution to the battle, and bought nearly 2 BTC at $238, and I suppose my next purchase point will be in the mid-$320s arena, if prices were to sink that low in the next critical 24 hours. O.k.. do you have words? What's your point? I have been pretty straight forward about my various buying strategies while prices are dropping... that has been my strategy for quite some time because overall I retain the theory that prices will be rebounding at some point (and it could be unexpected and it could be violent... I have NO crystal ball, just a BTC buying and holding strategy that I am attempting to employ on an ongoing basis). are you bought at 238 ? or planning to buy at 238 ? oh... oops... You got me there. I made a mistake in my typing, and I had meant to type that I bought at $338 a little before I typed that original post. I wonder if that $238 versus $338 was an innocent typing mistake or a Freudian slip? WHOAZZA!!!!! Good eye, mate. |
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