also, this story about feds stealing bitcoins shows the weakness of bitcoin.
yes, bitcoin is secure and everything, but what use of no-middle-man transactions when there is high probability that the other side will fuck you, because irreversibility.
if you cant trust a government agent nor a drug dealer...why use it at all?
escrow is too much of a hassle.
It took more than five years for bitcoiners to understand that middleman and trusted third parties are not evil and that they play an important role in consumer protection. ...Actually, no, forget I said anything. I take that back. ... After five years they still don't get it. |
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Meahwhile still 0 trades going on at GBTC.
Wait for the ETFs they said, Wall Street they said, Coinbase regulated exchange they said, liquidity they said.
lmao
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Nobody cares about the GBTC.
Only the bulls who are praying for a pump.
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3. Not fast. I cannot complete a person to person transaction in less than 20 minutes. You have been around long enough to know this is not true. The transfer is instant. Confirmations just make it even more secure. Bullshit. 0 confirmations txs are not secure. Challenge accepted. Send whatever amount you feel willing to bet on you being right to the following address and then reverse it. Show us how it's done. For that matter, anyone else who feels like giving it a go. 1hcuqVjbHbUujuvtt1iDZf2aRTu2LYSE6 Please google mike hearns paper and or peter todd about replace by fee. Chances seem to be 3 out of 300 succeed in double spending. cost for the attacker is huge and of course it only works for 0 conf I'm perfectly aware of the ongoing debate with mike hearn for the replace by fee patch. Still, he replied to him and his arguments still stand. Of course you are not gonna agree with him, a priori. @doc: you sound butthurt. Did I hit a nerve? |
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Don't worry, everything will be fine. Price will reach ATH in no time.  lol jk it won't. |
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3. Not fast. I cannot complete a person to person transaction in less than 20 minutes. You have been around long enough to know this is not true. The transfer is instant. Confirmations just make it even more secure. Bullshit. 0 confirmations txs are not secure. Challenge accepted. Send whatever amount you feel willing to bet on you being right to the following address and then reverse it. Show us how it's done. For that matter, anyone else who feels like giving it a go. 1hcuqVjbHbUujuvtt1iDZf2aRTu2LYSE6 |
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3. Not fast. I cannot complete a person to person transaction in less than 20 minutes. You have been around long enough to know this is not true. The transfer is instant. Confirmations just make it even more secure. Bullshit. 0 confirmations txs are not secure. |
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Apparently some bad trader went full retard leveraged long. Do you know it was a long? Anyway, I'm not that bad trader, unless they intend to buy much more, but I wouldn't count on it. Nope, it was just a joke post m8, no offence. Someone just might have gone short, it would be more wise. No problem, I was just saying I wouldn't market buy 2000 coins with 10 dollar slippage. Then again, I've never tried to buy 20k coins, so maybe with that kind of money I would consider market buying 2k. And I was asking if you saw something suggesting it was a leveraged buy on BFXdata. Go here: http://bfxdata.com/swaphistory/usd.phpYou see the spike to $24.8 million just now? That's him. LOL! |
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ERROR 404
NO GREATER FOOLS FOUND
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Ok OP, if you truly plan this thread for the 'permabulls' then you absolutely need to instill a few rules:
1) Delete ALL troll posts or bear posts from this thread (yes NotHatinJustTrollin, I'm looking at you)
2) Allow for some serious long term positive bull discussion
3) ADHERE to rule #1
I think you missed this part about OP post: See you all in a year or few. If any bears would be so kind as to post here saying Bitcoin will never reach that point again, it would be highly appreciated, and make this even more entertaining. Price currently is around $250.
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A bubble is a very interesting sociological phenomenon.
Watching late adopters (the suckers, as opposed to the early adopters who dump on them) and their ramblings is fascinating.
You could write never-ending essays on them.
Sure, the delusions often make you cringe and feel terrible for them, but it's always a spectacle nonetheless.
On a more pragmatic note, they are the exact opposite of what should be done when investing. In the end they are even useful.
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Have you noticed how the little pumps are getting weaker and weaker and the volume is just totally drying up?
Not a good sign bulls...
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Bitcoin is a groundbreaking invention: a global and borderless money open to any computer programmer / entrepreneur, and this will be enough for it to wildly succeed, despite any problems it may encounter along the way. It also has the network effect and first mover advantages.
Do you really think that in a few years various technologies won't allow us to do that but with existing currencies without having to deal with volatile irreversible pyramid scheme funbucks? Are you guys really that naive?  Some of them are already here but I don't wanna ruin the party with spoilers. The more time goes by for these technologies to be eventually accessible to anybody and for institutions to adopt them, the less likely (and more expensive) it will be for bitcoin to be pumped again. I don't wanna argue. I just wanna put my prediction here for when we bump this thread in a few years  |
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In a war of attrition, all you have to do is survive long enough and you'll win.
I... finally... ... ...won... ...  |
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What would really make my weekend: Crash to $220.
If you're only making money Stopped reading financial advice from a non-billionaire. And instead started reading financial advice from multi-billionaires, no? Woops. |
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This thread should have an index.
Anybody know around what page you all were discussing the topic of transaction fees increasing as coinbase rewards are decreasing?
Index:
Pages 1-100: Delusions Pages 101-300: Fiat sucks Pages 301-500: Gold sucks too Pages 501-700: The State and bankers are evil, Bitcoin whales * will save the world Pages 701-1119: Moar delusions *:  http://www.deepdotweb.com/2015/03/27/breaking-sheep-marketplace-owner-arrested/ |
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