To date Bitcoin has for many been one of the best investments in human history, monetarily.
Sigh. Bitcoin was an excellent investment, in hindsight - for those who bought before nov/2013 and will be smart enough to sell before it collapses. But, in hindsight, buying lottery tickets was much better investment - for those who bought the winning tickets. Bitcoin has been a terrible investment for those who bought in late november, or since january. Bitcoin is still a terrible investment, because there is no reason to believe that the price will increase, and several reasons for which it may decrease. No stock trader cares for, or even cares to know, the past history of the price of a stock. One cannot use ancient price history to justify a claim of future price increase. Indeed, resorting to that argument only highlights the lack of any real justification for that claim. The cause for the increase from 17$ to 1200$ is obvious: the opening of the Chinese market by BTC-China, OKCoin and Huobi. That was basic economics: larger market, fixed supply = higher price. What event is expected to happen that could propel the price much higher than 700$? I do not want to change anyone's mind here. Adults have the right to spend their money anyway they like -- investing in risky ventures like bitcoin, poker, or lottery tickets, or even throwing it away. And they have the right to try to convince anyone to do the same -- as long as they honestly warn him of all the risks and unknowns, without fallacious arguments or unfounded promises. Gambling with your money is OK, scamming other people is not. Sigh. For some people it was foresight though not hindsight. Also you cannot say yet Bitcoin is a terrible investment at this point... time will tell, as in my opinion there are plenty of reasons to believe the price will rise, as in all of the fundamental reasons that have always been there to invest in Bitcoin. Yes there is an element of risk, as there is in any investment. Sorry but comparing lottery tickets and Bitcoin is totally daft- I cannot take you seriously when you post things like that to be honest. |
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meh I have a hangover from hell and I feel like I have been fingered by satan or maybe someone gave me a lobotomy... I am to old for this.
Anyways can anyone give me an update please? any newses in the past 24hrs of note? Mtgox etc
Thanks
edit (kill me now)
Valentine's brought too much liquor to your gut? I found a nice white wine (as in, tasteful enough, but gives me no hangover), drank the bottle. Only news is: minor maintenance notice at gox ( https://www.mtgox.com/img/pdf/20140215-BTC-transfers.pdf), someone copied a nebulous pastebin chat about transactions somewhere due by 3:15 (no one knows when, where), a 'double bottom' was 'confirmed', and stoopid folks quoted trolls. Hair of the dog? :-) I was on the red, Rijoa lovely stuff ..... and then shots got suggested....did not take much convincing but not such lovely stuff. Had the same thought and hair of the dog is in process as we speak : ) and it is mellowing the edges a little.. that and all of the food I can eat.. Thanks for the update. |
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Stamp and BTC-e flatlined. Something in the wind?
We're just stuck, wait for it to snap. Like so:  That is how my face feels right now  |
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meh I have a hangover from hell and I feel like I have been fingered by satan or maybe someone gave me a lobotomy... I am to old for this.
Anyways can anyone give me an update please? any newses in the past 24hrs of note? Mtgox etc
Thanks
edit (kill me now)
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Hey Fonzi... did you check with all of them ? even the Macau boys?
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.....
Another great post....love your work brother. But sadly wasted here.  |
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Gold's continuing it's climb too, this sound money smackdown could be an indicator of something a whole lot bigger about to happen. If gold ramps up fast then its likely on insider info, it could be a really bad time to be holding fiat.
yeah... my spidey senses are tingling .. |
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I would love to write a novel in reply to this excellent post but I have to take my wife and kids out for a swim shortly.
The sentiment of the novel has truth yet the OP fails to consider the Global power shift that an exponential rise in BTC would have.
I got a ban on trollbox for saying
"This is dangerous, I would rather have educated warmongers in powerful positions rather than undereducated snotty nosed geeks with a banhammer ruling the world"
BTC has grown so fast that it has become premine!
: ) yeah it was a tiny bit long winded... I had an attack of the verbals But you see I have no problem with your point... Personally I do belive in the concept of Crypto/Bitcoin, and I do believe it has very good prospects... and I am a total "bull" but a considered one.. I also do consider the problems, and risks , and roadblocks, and infact believe doing so is good and very much needed...no meaningful and worthwhile project got anywhere without a lots of smart brains doing exactly that...and so dialogue and communication is not only needed but in the case of cryptocurrecny - community is part of what this whole thing is about.... Also actually I think that one of the definitions of insanity is doing the same thing over and over and expecting a different result... Also I am not sure that the choice is a) between educated warmongers and snotty geeks or that b) there does really need to be a global power shift for Bitcoin to exist.. not to the point where the "geeks rule the world" I think those are all logical leaps somewhat. Anyhoo I need to go and collapse.. |
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Is there a brain cell amongst any of the bears on this thread? starting to have my doubts.. that you guys are actually even real people..probably bought and paid for...
Fonzie I have a question for you if you do not mind... are you a decent good human being?
I am a really really nice human person, most people love me immediately. I have 2 university degrees(i know that proves nothing), but believe me i´m not a full retard. I just love hatin and trollin.  CHOOO CHOOOO MF'r!!!!1 Oh my goodness. You've just wasted far too much time on a troll. : ) Yeah well I have wasted lots of time on lots of things .... chasing the dollar/satoshi being just one of them... when you think about it... when you are running out of time.. neither $ or BTC will mean much... you leave your fingerprints on life by the connections you make so spending time commenting on life and to a person, troll or not is good with me.. Also I have had a beer or two- I should probably just shut up chooo zzzzzzzzzzzz |
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When bulls make fun of bears, then it's all good. But when bears start making fun of bulls, then everyone will get touchy and offended real quick.
Bulls seem to be really sensitive.
Not really.. fun is all good, but if you got nothing else to bring to the table but that... then expect to get treated like a clown? If you have points, data, concerns , ideas , thoughts and dialouge then, then yup bring it on... If all you have got is childish incorrect premature crap... then do not be surpised when people have enough of it... |
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Is there a brain cell amongst any of the bears on this thread? starting to have my doubts.. that you guys are actually even real people..probably bought and paid for...
Fonzie I have a question for you if you do not mind... are you a decent good human being?
I am a really really nice human person, most people love me immediately. I have 2 university degrees(i know that proves nothing), but believe me i´m not a full retard. I just love hatin and trollin. OK man... well I take your word for it... but a word of advice... we are the sum total of our thoughts... think about that in all honesty seriously... because I for one have had cause to wonder this question about you... what kind of man is Fonzie? because honestly trollin and shits and giggles aside... and I know we are all busting each others balls to a degree and I like to come on here for a laugh and bust some balls but also to acutally talk and discuss and maybe learn and well you know... not just be a jerk all of the time... don't carry negative energy around all the time Fonzie it will kill you and drain the love and joy from your life... I say here with 100% certainty that some of you are twats, maybe I am one of the twats, but unless you are actually an employee of a PR company working for Morgan then remember that on the other side of this are people, and at the end of the day, imagine actually if for what I would conisder a very outside chance Bitcoin goes wrong... that actually there will be people that it has an effect on... thats the difference between a person that is here to actually discuss Bitcoin, they are here to , well discuss bitcoin and yeah have some shits and giggles along the way... but really, as a decent human being, if there is a person on here and they have a position whatever it maybe and it goes against them, you know it could actually be a real bad thing for them (it could a be a short position) and basically if you are on here gloating and prodding and basically laughing at someones misfortune, then I think you need to have a think about what kind of person you are... you seem to have a playful side.. but you also seem to have an imature side.. you know its all fun and games but you are the only person that has responsability for how you behave no one else... and shits and giggles aside, man trust me when I say that trollin and busting balls is all very good... but being a decent stand up guy is a better trait to have , and it will serve you and your reality and experience of life to basically have more... so if you are not a paid employee, then basically , troll away.. do but know something.. everytime I see your posts they just make me wonder about you.. not Bitcoin. Basically shits and giggles aside... I think we should all remember what the principles behind crypto are and if you do not understand them, then you have no place... none on this forum, because you are just here to cause annoyance and distress to others... way to be rememberd in life .. honestly. the people that have been stuffing the average joe , all around the world for a very long time, are the ones this energy should be pointed towards... I do not know about you, but I used to work for a very elite banking firm, but I also come from a rough backgorund, and I know people I know families that got destroyed after 2008, people that lost fucking everything, as in lost everything , then a suicide and then it was all really lost... I know who this energy should be targeted towards I know what is happening in the world today, I see the largest ponzi mass transfer of wealth ever in history happening right now, across the globe, and not a Bitcoin in sight... seriously.. I have not ignored you until now... and fun is fun... but if you cannot see this... and you do not know what side you should be on, then frankly I am going to give up because you offer nothing else but spite and gloating and shit shit shit.. then thats fine but if you are not part of the solution... then you are part of the probelm.. which is sad because that is a choice that you are making.. and for all I can see for what shits and giggles you love ripple but hate Bitcoin... oh right well if you actually think that way, then why not support Bitcoin and suport Ripple , because if you think Bitcoin going up in flames is going to help Ripple then you are daft.. this is what I am trying to get at.. all this energy, all this time, and you point it towards something you want to see fail.. I cannot understand why a decent rational human would do such a thing... if I do not like classical music, guess what I do not listen to it... but I not make a point of going onto "I love classical music forum" and try to shit on everyones parade, honestly, I cannot think why or what would make a person do such a thing even if you felt that people on there are so full of it... so take this how you will Fonzie.. its up to you.. I am being an open person to you, so take it as you want... but there is another way... you know one that involves communication and understanding and honesty and it is was way way more benificial to the entire planet, when humans go down that path.. I do not know you and I am not judging you, just saying. An I wrote you that poem and everything bro... so troll away , I would not ever want you to change... but you know.. as a gift from me to you... find a path that is creative, and coperative and helps and gives to others.. that is actually where all of the wealth in the world lives. My two ripples worth for you. oh and CHOOO CHOOOO MF'r!!!!1 |
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Is there a brain cell amongst any of the bears on this thread? starting to have my doubts.. that you guys are actually even real people..probably bought and paid for...
Fonzie I have a question for you if you do not mind... are you a decent good human being?
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Where are all the hodlers and bulls now?
All the time this exaggerated price postings, and now time is changing and no more hodl, no more buy, buy! Poor Bears?
Only sodl?
Now i can see here only a handful people with eggs, the rest has gone, converting to fiat or dogecoin.
Still here thanks : ) Happy , little bored... all good... how about you guys you all seem very excited? really the price moved noo... I am out. |
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Gotta say, the Silk Road 2 news is pretty amusing.
Quite predicable too. If you entrust your BTC to an anonymous criminal then it might just go astray Whereas of course a criminal with your fiat is a ok. |
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Im pretty sure it said secretbitcoinproject somewhere!!! it's blue, ripple color is blue too. that's the proof. it's related to bitcoin too. Correct me if Im wrong but Im pretty sure thats Neptune. What has Neptune, secretbitcoinproject and Ripple got in common!? jed-mccaleb ermm Uranus? |
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A fun fact: Some may recall that in author Bret Easton Ellis‘s novel of the same name from 1991, Bateman resides in the same high-status apartment building as Cruise and actually runs into him on an elevator. This detail is not mentioned in Harron’s chat, however… Thanks for that .. combined a few of my fave things... gotta love all things pointing out how much of an odd ball Tom Cruise is... and Christian Bale, great actor...but also more than a hint of nutty in him too.. Bret Easton Ellis- great author... and yeah now you mention it I do recall the elevator thang.. great book... also Lunar park which is semi autobiographical is pure genius! Great bit of trivia thanks. anyway must go... I have some video tapes to return.  |
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 haaaaaaa haaaaa aaaa haaaaaaaaa ahhhhhhh oh dear... ohh my ... Oh thanks guys... some of you are so special you know... special. Brilliant- keep it coming : ) Tis keeping me from being totally bored at the moment..
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