@JimboToronto: Try cooking a few up and booting them  @fonsie: I bet you're not even the dumbest Bitcoiner. |
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Would you look at that price tho...  |
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Haha, you are one weak simpleton troll.
Talk about stating the obvious.  All wired out on erectile dysfunction pills again, you creepy old coot? |
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Yeah, a long time ago it was a store of value, but for the past year has been a huge bag of dicks.
Because things never change and always stay the same  Haha, you are one weak simpleton troll. ^Like being unfavorably judged by a jar of mayonnaise |
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... Yeah, fonsie, if it once was a good store of value, it's a good store of value now. Because things never change and always stay the same  Are you really that stupid? Because it is at this very moment more in dollar value than it was in 2009, it is indeed a good store of value NOW, it however doesn't guarantee it will be tomorrow. We'll have to wait 24 hours to know that. Yeah, a long time ago it was a store of value, but for the past year has been a huge bag of dicks. Such a simple notion, why do you find it so difficult to understand? |
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...
Bitcoin on the other hand is limited in supply and out of the govt's/banksters reach ... oh, and can be sent anywhere in the world for almost free.
Don't forget revolutionary disruptive technology new P2P paradigm  |
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*You have lost more than 1/2 of your money if you have been holding for a year. Way to go!
I lost just profit opportunities. I would stay in black even at 10 bucks mr. Hindsight. But in a battle for civilization you're not counting beans all the time. No. In the last year, Bitcoin has been an abysmally bad store of value, as in losing more than half of it. Well, itīs up 2800% over 2 years and god knows how much over 5 so thatīs all good. Yeah, and at one point in time, Beanie Babies were a good store of value. As was the case with Bitcoin at some point in time. That point in time is over, has been over for over a year  Wake up and smell the coffee!  Bitcoin has been around since 2008/2009, seems like a good store of value considering today's value. Yeah, fonsie, if it once was a good store of value, it's a good store of value now. Because things never change and always stay the same |
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*You have lost more than 1/2 of your money if you have been holding for a year. Way to go!
I lost just profit opportunities. I would stay in black even at 10 bucks mr. Hindsight. But in a battle for civilization you're not counting beans all the time. No. In the last year, Bitcoin has been an abysmally bad store of value, as in losing more than half of it. Well, itīs up 2800% over 2 years and god knows how much over 5 so thatīs all good. Yeah, and at one point in time, Beanie Babies were a good store of value. As was the case with Bitcoin at some point in time. That point in time is over, has been over for over a year Wake up and smell the coffee! |
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Yes, you are wrong. Let me explain again:
People use Western Union in emergencies--like being stranded halfway across the country with no money for gas, that sort of thing. The kind of emergencies in which Bitcoin would be of no use, since it can not be spent in in the podunks where these emergencies take place. Gas stations don't take Bitcoin.
If you are talking about needing something which could be bought online, simply ask the person to put the purchase on his CC, and save bot of you the fee and the hassle.
But I can also pay for someone's gas in the middle of nowhere instantly from my living room with btc, all they need is the payment protocol. All they need is a working computer with electricity and internet connection - in the middle of nowhere. | Far from impossible but not very probable. And knowing how to use BTC. And the will to accept it. Currently, there's neither. So if you're stranded in East Dumfuk Nowhere, having BTC sent to your wallet will be pointless  |
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*You have lost more than 1/2 of your money if you have been holding for a year. Way to go!
I lost just profit opportunities. I would stay in black even at 10 bucks mr. Hindsight. But in a battle for civilization you're not counting beans all the time. No. In the last year, Bitcoin has been an abysmally bad store of value, as in losing more than half of it. |
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Yes, you are wrong. Let me explain again:
People use Western Union in emergencies--like being stranded halfway across the country with no money for gas, that sort of thing. The kind of emergencies in which Bitcoin would be of no use, since it can not be spent in in the podunks where these emergencies take place. Gas stations don't take Bitcoin.
If you are talking about needing something which could be bought online, simply ask the person to put the purchase on his CC, and save bot of you the fee and the hassle.
But I can also pay for someone's gas in the middle of nowhere instantly from my living room with btc, all they need is the payment protocol. Wait, wat? We're not discussing hypotheticals, we're talking IRL. Today, most (if not all) gas stations don't take BTC. |
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^^sure   *You have lost more than 1/2 of your money if you have been holding for a year. Way to go! |
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No. Read the bold red text above. You are [again] forcing me to use text effects to make you pay attention.
I don't enforce anyone , if you don't want to read me simple "ignore me" . It is not necessary to convert BTC to cash , so you can use it easily without lose "another time and money" , please be an adult person not a troll  . Have a nice day , redsn0w ^like talking to a ditch So Am I wrong ? I can't use btc directly ... are you serious man or are you kidding me ? Yes, you are wrong. Let me explain again: People use Western Union in emergencies--like being stranded halfway across the country with no money for gas, that sort of thing. The kind of emergencies in which Bitcoin would be of no use, since it can not be spent in in the podunks where these emergencies take place. Gas stations don't take Bitcoin. If you are talking about needing something which could be bought online, simply ask the person to put the purchase on his CC, and save bot of you the fee and the hassle. |
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No. Read the bold red text above. You are [again] forcing me to use text effects to make you pay attention.
I don't enforce anyone , if you don't want to read me simple "ignore me" . It is not necessary to convert BTC to cash , so you can use it easily without lose "another time and money" , please be an adult person not a troll . Have a nice day , redsn0w ^like talking to a ditch |
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However , true story :  Let me explain what the difference is: Money is sent via Western Union when cash is needed immediately. This money is not sent for stuff like online purchases, otherwise the sender could simply make the purchase and have it shipped to a different address. Sending Bitcoin is currently extremely cheap, because the miners are subsidised by 10% yearly inflation, AKA "block rewards" (not TX fees). As block rewards diminish to zero over time, the miners will be forced to rely on TX fees. Today, Bitcoin is paying 10% of its market cap to maintain the network--that's how many coins are mined in a year. Once the block rewards approach zero, the transaction fees would have to represent ~10% of Bitcoin's market cap to maintain today's network security. Because, as Satoshi has pointed out, the cost of mining should approach the price of coins mined. Imagine that? Burning 10% of world's wealth YEARLY being paid in TX fees? But that's a tangent. The problem is, after receiving your bitcoin, it still must be converted to cash you can actually spend locally
amazing theory , but bitcoin is still better then "WU" or Am i wrong ? the fees are extremely low (~0.03 $ ). Are you agree or not ? No. Read the bold red text above. You are [again] forcing me to use text effects to make you pay attention. |
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However , true story : Let me explain what the difference is: Money is sent via Western Union when cash is needed immediately. This money is not sent for stuff like online purchases, otherwise the sender could simply make the purchase and have it shipped to a different address. Sending Bitcoin is currently extremely cheap, because the miners are subsidised by 10% yearly inflation, AKA "block rewards" (not TX fees). As block rewards diminish to zero over time, the miners will be forced to rely on TX fees. Today, Bitcoin is paying 10% of its market cap to maintain the network--that's how many coins are mined in a year. Once the block rewards approach zero, the transaction fees would have to represent ~10% of Bitcoin's market cap to maintain today's network security. Because, as Satoshi has pointed out, the cost of mining should approach the price of coins mined. Imagine that? Burning 10% of world's wealth YEARLY being paid in TX fees? But that's a tangent. The problem is, after receiving your bitcoin, it still must be converted to cash you can actually spend locally |
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...some big players are accumulating while these current market prices are being manipulated downward... Mysterious creatures, them... "'You may seek it with thimblesand seek it with care;
You may hunt it with forks and hope;
You may threaten its life with a railway-share;
You may charm it with smiles and soap'"
Yes: You are so creative NOT not pork. I hope that they are paying you well for all your efforts to distract and attempt at belittling the ideas of others.  Bro, that's not mine--written a while ago by Lewis Carroll. Consider reading more and writing less.  Lorem ipsum dolor NOT amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. FTFY *Whoever is paying you is paying you by the word  |
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...
Price fiatwise is Notting...
/thread then? |
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...some big players are accumulating while these current market prices are being manipulated downward... Mysterious creatures, them... "'You may seek it with thimblesand seek it with care;
You may hunt it with forks and hope;
You may threaten its life with a railway-share;
You may charm it with smiles and soap'"
Yes: You are so creative NOT not pork. I hope that they are paying you well for all your efforts to distract and attempt at belittling the ideas of others. Bro, that's not mine--written a while ago by Lewis Carroll. Consider reading more and writing less. |
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...some big players are accumulating while these current market prices are being manipulated downward... Mysterious creatures, them... "'You may seek it with thimblesand seek it with care;
You may hunt it with forks and hope;
You may threaten its life with a railway-share;
You may charm it with smiles and soap'"
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