Man, will we ever get above 382?  Seems like some magical invisible wall right there. No obvious wall, but is there actually any potential reason why we're stuck at exactly that mark? Theories, guesses? ... Depressing isn't it. Not if you listened to the right people...  |
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"Lost BTCeanie BTCabies only make everyone else’s BTCeanie BTCabies worth slightly more. Think of it as a donation to everyone." -Satoshi Nakamoto
FTFY |
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How many BTCeanie BTCabies were shoved in a cupboard in the 90s and pulled out years later covered in mold and damp? Bitcoin does not go moldy and damp so it's more durable. Nobody will pay top price for a moldy, damp BTCeanie BTCaby that smells.
And how many private keys were lost, how many HDs with wallets on them trashed, how many Bitcoin boxen hax0rd? How many BTCeanie BTCabies were lost when the biggest BTCeanie BTCabies exchange collapsed, huh? Just like Bitcoin, BTCeanie BTCabies must be treated expertly, with love. Yeah  All of those are user specific malfunctions and not inherent to BTC. They're inherent to Bitcoin. You lose the private key, and it's gone. Why does this even need to be stated? Cases[edit]
Authorities cracked down on counterfeit Beanie Babies in the late 1990s with some prosecuted for involvement in their commerce. In 1998, English authorities seized more than 6000 Princesses and Britannias.[13] In 1999, a Minnesota man was imprisoned, fined, and put on probation for involvement in smuggling counterfeit beanies.[14] http://en.wikipedia.org/wiki/Beanie_BabiesCounterfeiting : impossible with Bitcoin But that's a moot point when an average Bitcoin user is easily parted from his coin by any Nigerian prince with a laptop  No intelligent and attentive BTCeanie BTCabier could have fallen for forged BTCeanie BTCabies. Just like no intelligent and attentive Bitcoiner would have lost coin on web wallets or on an amusingly-named exchange. |
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And how many private keys were lost, how many HDs with wallets on them trashed, how many Bitcoin boxen hax0rd? A huge number of Bitcoins were created in the early days and never seen again. Good point. |
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BTCeanie BTCabies are a store of value, not a means of exchange. Currently the majority of BTCeanie BTCabies transactions, as is the case with the majority of Bitcoin transactions, are accomplished by converting BTCeanie BTCabies to fiat.
BTCeanie BTCabies do not qualify as store of value because they lack the following qualities: You clearly don't understand what "store of value" is. Suffice it to say it's not a binary value. If you would like to learn more, start here: http://en.wikipedia.org/wiki/Store_of_value...  Durability, not longevity. Beanie babies can wear down and decay with time. Not a very good store of value... Longevity is a defining quality of durability.  |
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How many BTCeanie BTCabies were shoved in a cupboard in the 90s and pulled out years later covered in mold and damp? Bitcoin does not go moldy and damp so it's more durable. Nobody will pay top price for a moldy, damp BTCeanie BTCaby that smells.
And how many private keys were lost, how many HDs with wallets on them trashed, how many Bitcoin boxen hax0rd? How many BTCeanie BTCabies were lost when the biggest BTCeanie BTCabies exchange collapsed, huh? Just like Bitcoin, BTCeanie BTCabies must be treated expertly, with love. Yeah |
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^ As I remember it, no one laughed and pointed fingers at the internet. The fingerpointing that took place was focused on the .com bubble. It eventually proved justified. Regardless, you seem to be saying here the gist of your internet analogy is "we are early adopters." If Bitcoin takes the path of the internet, you would be proven correct. If, OTOH, it follows the course of BTCeanie BTCabies, I'm afraid that people who discovered Bitcoin after 2013 are late to the party This Beanie Babies comparison is getting old, just like the Tulips one. The internet comparison, OTOH, just gets funnier with each time I hear it. Beanie Babies were just useless collectible toys, Bitcoin on the other hand makes it possible to move money around without friction and almost non-existent fees and removes the middleman in transactions.
Only if you don't understand BTCeanie BTCabies. BTCeanie BTCabies are a store of value, precious due to their limited supply. As more and more people discover BTCeanie BTCabies, the demand for BTCeanies will increase, while the supply will not. Ergo, higher BTCeanie BTCabies price, because supply and demand.* eanie BTCabies can not be be transacted with. eanie BTCabies are a store of value, not a means of exchange. Currently the majority of BTCeanie BTCabies transactions, as is the case with the majority of Bitcoin transactions, are accomplished by converting BTCeanie BTCabies to fiat. BTCeanie BTCabies supply is controlled by a centralized entity.
Bitcoin is getting there. The supply is controlled by a cabal of devs with commit privileges and a handful of pools/megamines. BTCeanie BTCabies are not fungible
Bitcoin is not soft and cuddly, what's your point? BTCeanie BTCabies are not durable
BTCeanie BTCabies existed since the 90s. Bitcoin has been around how long? BTCeanie BTCabies are not divisible
BTCeanie BTCabies are a store of value, not a currency. No need for divisibility. BTCeanie BTCabies are hardly verifiable
Only if you don't know BTCeanie BTCabies. Experts can tell. Much easier to become a BTCeanie BTCabies expert than to learn how to use Bitcoin without getting owned--this forum stands as a testament to that. Of course, BTCeanie BTCabies have many desirable qualities that Bitcoin doesn't have. For instance, they do not require the internet or a computer, making them much more valuable in the armageddon scenarios preppers/libers like to harp on as Bitcoin's endgame. Oh, and BTCeanie BTCabies are soft. Is Bitcoin soft? Checkmate!  But I honestly don't understand how the [alleged] differences you've listed invalidate the quoted post. |
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i disagree with you. i believe the 7 year graph here shows a very unstable currency that has a reputation for being used in fraudulent activity such as money laundering and other anonymous criminal activity. as can see in this 7year graph there is a crash after every peak of the dollar. that is unstable volatility coupled with years of federal reserve qe printing:
..
The dollar shows less than 20% volatility over the course of 7 years on your chart. Ignoring the fact that Bitcoin didn't exist seven years ago, its volatility was in the order of 10,000% over just the past 5 years. Bonus point: Calculate the relative stability. |
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^ As I remember it, no one laughed and pointed fingers at the internet. The fingerpointing that took place was focused on the .com bubble. It eventually proved justified. Regardless, you seem to be saying here the gist of your internet analogy is "we are early adopters." If Bitcoin takes the path of the internet, you would be proven correct. If, OTOH, it follows the course of BTCeanie BTCabies, I'm afraid that people who discovered Bitcoin after 2013 are late to the party This Beanie Babies comparison is getting old, just like the Tulips one. The internet comparison, OTOH, just gets funnier with each time I hear it. Beanie Babies were just useless collectible toys, Bitcoin on the other hand makes it possible to move money around without friction and almost non-existent fees and removes the middleman in transactions.
Only if you don't understand BTCeanie BTCabies. BTCeanie BTCabies are a store of value, precious due to their limited supply. As more and more people discover BTCeanie BTCabies, the demand for BTCeanies will increase, while the supply will not. Ergo, higher BTCeanie BTCabies price, because supply and demand.* Basically it gives an individual much more control over their finances and takes out the vampires sucking out the wealth from us. There are many other advantages Bitcoin could bring to people but I think you get the gist.
Yes, Bitcoin kills vampires. Other than that, it's far more inconvenient and far less liquid than normal money. And, of course, it loses value like a champ. *Please understand that BTCeanie BTCabies are a simple substitute for Bitcoin in my arguments. I use them as a litmus test (or rather a tilde test) to show the absurdity of [similarly structured] Bitcoin arguments.
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Best of luck to you too, filthy Bitcoiner.  You'll need it |
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@Globb0: |
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Thank god, we have you to warn us all, with your "take picture of pc screen" capabilities.
The computer in question belonged to Mr. Fewcoins' colleague, as previously stated by Mr. Fewcoins. Asking for a screen capture would have been an imposition and a breach of etiquette. You, on the other hand, would have likely reached right over with your grubby hands and started poking away with your filthy fingers without even bothering to ask, uncouth as you are  Ahhh, now I understand, I do that same thing every time I visit my Wall St. friend, taking random pictures of PC monitors for archival reasons AND AS PROOF for my stupid trolling. Your Wall st. friend panhandles under the New York Stock Exchange. He does not own a computer |
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Thank god, we have you to warn us all, with your "take picture of pc screen" capabilities.
The computer in question belonged to Mr. Fewcoins' colleague, as previously stated by Mr. Fewcoins. Asking for a screen capture would have been an imposition and a breach of etiquette. You, on the other hand, would have likely reached right over with your grubby hands and started poking away with your filthy fingers without even bothering to ask, uncouth as you are |
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...all the bears believe that bitcoin was born in december 2013 at 1200$/btc.
No. That's when most bears did some serious dumping. Enjoy your bag of bear shit. Can I see you hanky for a sec, need to wipe |
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2014 is the year of start of adoption of BTC.
Correct, we're still very very very early days in this technology:  We have a long ways to go, but with all the venture capitalism, development, and slow but steady adoption, we all must stay patient, use Bitcoin, and continue to spread the word. FTFY |
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^Major butthurt confirmed.  |
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Your stupid picture doesn't show anything usefull, you dildo...
Is someone a little upset?  |
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^  |
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Are we still considered "early adopters" when there are people like you who entered in 2011 and 2013 and seen 3000%+ increase in price?
I feel like we are late majority honestly, completely based on price, not acceptance
My point, pretty much. There are a few early adopters who didn't profit-take by selling on the way up. They will try to convince you that you're an early adopter. Because your hodling & buying increases the value of the stash they hold.  |
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... There were people pessimistic about BTCeanie BTCbabies as an investment, and the price just kept on climbing. Those incredulous fools became the butt of BTCeanie partisans' jokes when BTCeanie prices reached ATH. And here we are, gentlemen. Take from this what you will There was people comparing Bitcoin to tulips back in 2012 too. Let's hope they're not going to rub it in your face once they're proven right |
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