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5461  Economy / Speculation / Re: Bitcoin's "Price" Drop on: October 01, 2014, 09:32:03 PM
Nonsense. It is lower in value when measured against anything. You are not deep
Probably OP means that bicoin is the measure of price, so price of bitcoin cannot change by definition: one bitcoin always worth one bitcoin.

I think OP means that if you use BTC for its intended purpose, to buy goods and services from the merchants that have adopted bitcoin, you will get approximately two thirds less than you would have when BTC's price was $1,200.
5462  Economy / Speculation / Re: Bitcoin made rich just a few but it ruined many on: October 01, 2014, 09:18:37 PM
...
i can assure you, that if you're trading bitcoins for some papers from a bank you are the greatest fool and probably deserve whats coming.

An assurance from you, Robert Paulson, isn't worth the paper it's not written on Undecided

how about an assurance from the US government, they will tell you they are bankrupt if you just ask them
http://budget.house.gov/news/documentsingle.aspx?DocumentID=387875

or how about an assurance from reality
http://www.usdebtclock.org/

anyone who trades bitcoin for fiat is a fool and probably deserves whats coming.

Robert Paulson, your daddy issues with US gov. are dull, repeated constantly by those more eloquent than yourself, & contribute nothing to the topic.

Just delete your posts and help us keep this thread tidy okthx.
5463  Economy / Securities / Re: [HAVELOCK] SF1 - Announcement of Consultation Poll (Trading Halted) on: October 01, 2014, 09:05:46 PM
Aha.  A disinterested educator.  Gotcha Smiley
5464  Economy / Speculation / Re: Bitcoin made rich just a few but it ruined many on: October 01, 2014, 09:03:05 PM
...
i can assure you, that if you're trading bitcoins for some papers from a bank you are the greatest fool and probably deserve whats coming.

An assurance from you, Robert Paulson, isn't worth the paper it's not written on Undecided
5465  Economy / Speculation / Re: Bitcoin made rich just a few but it ruined many on: October 01, 2014, 09:00:52 PM


Dang, interwebs d00d I never met before, tell me it ain't so!!!1!1!



What's up with the cartoon ponies?? You post them a little more frequently than a FinTech forum would expect.

Are you chatting me up, Bitcopia?

Or do you think ponies are my way of contacting my Reptilian Masters (long may They reign!)?
5466  Economy / Speculation / Re: Bitcoin made rich just a few but it ruined many on: October 01, 2014, 08:58:45 PM
...
Even after all this I am not ruined. I am still 5figures fiat to the better and have a few BTC to show.
...

Another ridiculous argument.

Investing in lottery tickets is stupid.  Overall, the scheme looses you money.
It doesn't suddenly become smart if you have won--it's still stupid.
You have won the lottery, which doesn't make you any smarter than all of the fools who lost.
I would advise you to stop, regardless of your past winnings.

You're being ridiculous now. If everyone would sell their coins and stay away from Bitcoin like you advise them to it would be worth nothing and have no use whatsoever. Is that what you want and advise? Really? I don't believe that for one second unless you really hate the concept of Bitcoin for some reason and want to see it fail. In that case your advice is not very objective and I wonder why you're still here.

I used an analogy to illustrate that doing something stupid and profiting doesn't make it smart.  Bitcoin is clearly not a lottery ticket.

But let's go with your direct substitution, Bitcoin=scratch ticket.
I have not suggested anyone should sell their scratch tickets to greater fools.
Merely that they shouldn't be *BUYING* lottery tickets from those who are selling them.

TL;DR:  Don't be the greater fool.

Please explain me how does this work? At what point can someone who is new to Bitcoin and interested in it buy some coins and not be a 'greater fool' in your eyes? Is there a specific price point you have in mind that's okay or is anyone buying coins at any point always a greater fool? Or does he have to subscribe to your newsletter first so he can know when is the right time to buy? I'm just curious how you see this and what you think would be the right thing to do.

I'm providing the antidote to the "this thing can't lose, to the moon, 100k BTC by next year posts.  If it was up to me, n00bs would buy BTC when they were ready to *BUY stuff with it*.
K?
5467  Economy / Securities / Re: [HAVELOCK] SF1 - Announcement of Consultation Poll (Trading Halted) on: October 01, 2014, 08:44:16 PM
...

Whose alt are you?  All of your posts seem are defending Seedcoin.  Nothing else.
5468  Economy / Speculation / Re: Bitcoin made rich just a few but it ruined many on: October 01, 2014, 08:31:20 PM
...Would you advise that I not reduce my exposure to BTC?
...

I never told anyone to sell.  I simply told them not to buy your bag.

...
I used an analogy to illustrate that doing something stupid and profiting doesn't make it smart.  Bitcoin is clearly not a lottery ticket.

But let's go with your direct substitution, Bitcoin=scratch ticket.
I have not suggested anyone should sell their scratch tickets to greater fools.
Merely that they shouldn't be *BUYING* lottery tickets from those who are selling them.

TL;DR:  Don't be the greater fool.

Why does this need repeating?

P.S:  Though you may profit from selling your coin now, I do not advise you to do it.
You seem to be relatively well-off, and the ethics of unloading your bag on someone potentially less fortunate than yourself are questionable.
5469  Economy / Speculation / Re: Bitcoin made rich just a few but it ruined many on: October 01, 2014, 08:25:12 PM
You don't lose until you sell.
...

In that case, you'll be interested in my 100% guaranteed Toilet Fund.  Here's how it works:

1.  Convert the money to be invested into cash.
2.  Deposit it into the toilet.
3.  Flush.
4.  ? ? ?
5.  Profit.

You will not lose a penny, as long as you remember not to sell.



Welcome to my ignore list.

Dang, interwebs d00d I never met before, tell me it ain't so!!!1!1!

5470  Economy / Speculation / Re: Bitcoin made rich just a few but it ruined many on: October 01, 2014, 08:23:25 PM
...
Even after all this I am not ruined. I am still 5figures fiat to the better and have a few BTC to show.
...

Another ridiculous argument.

Investing in lottery tickets is stupid.  Overall, the scheme looses you money.
It doesn't suddenly become smart if you have won--it's still stupid.
You have won the lottery, which doesn't make you any smarter than all of the fools who lost.
I would advise you to stop, regardless of your past winnings.

You're being ridiculous now. If everyone would sell their coins and stay away from Bitcoin like you advise them to it would be worth nothing and have no use whatsoever. Is that what you want and advise? Really? I don't believe that for one second unless you really hate the concept of Bitcoin for some reason and want to see it fail. In that case your advice is not very objective and I wonder why you're still here.

I used an analogy to illustrate that doing something stupid and profiting doesn't make it smart.  Bitcoin is clearly not a lottery ticket.

But let's go with your direct substitution, Bitcoin=scratch ticket.
I have not suggested anyone should sell their scratch tickets to greater fools.
Merely that they shouldn't be *BUYING* lottery tickets from those who are selling them.

TL;DR:  Don't be the greater fool.
5471  Economy / Speculation / Re: Bitcoin made rich just a few but it ruined many on: October 01, 2014, 08:10:02 PM
Bitcoin will make many more people rich, i am sure it is not a question of if but when who.
...

If you're being honest, and not just trying to rope in some greater fools?
Clearly not you.
5472  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 01, 2014, 08:00:46 PM
Fish appearing on the charts:
...

I'm seeing a distinct head and three shoulders pattern.
5473  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 01, 2014, 07:54:36 PM
...
Something has got to give... the music has got to stop at somepoint, infinite bond market bull mode and high yields are unsustainable.
...

The universe is racing towards heat death.  All of us will likely kick before that.  The question is timing and odds.

*If the $ collapses, God help us, 'coz Bitcoin would be the last thing on my mind.

Not sure I said anything about collapse.


Sorry, what did you mean by
...
Something has got to give... the music has got to stop at somepoint, infinite bond market bull mode and high yields are unsustainable.
...
Huh

Anal bleeding? (that is not an offer)

So you think the only two options are immediate total collaspe or infinite bull mode? could there not be something inbetween?
...

I haven't told you what I think.
I have politely asked you a question.  The politeness is clear from the word "sorry," while the question smiley at the end obviates the whole magella being a question.

So, sans the etiquette:  What did you mean?




5474  Economy / Securities / Re: [HAVELOCK](SFI) Seedcoin Fund I on: October 01, 2014, 07:36:27 PM
No it was your poorly made anti Havelock thread a couple months ago.

Link?
5475  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 01, 2014, 07:33:52 PM
...
Something has got to give... the music has got to stop at somepoint, infinite bond market bull mode and high yields are unsustainable.
...

The universe is racing towards heat death.  All of us will likely kick before that.  The question is timing and odds.

*If the $ collapses, God help us, 'coz Bitcoin would be the last thing on my mind.

Not sure I said anything about collapse.


Sorry, what did you mean by
...
Something has got to give... the music has got to stop at somepoint, infinite bond market bull mode and high yields are unsustainable.
...
Huh
5476  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 01, 2014, 07:31:13 PM
@Raystonn:  Good point.  Where's your proof that 2 = 2?
5477  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 01, 2014, 07:28:40 PM
...
Something has got to give... the music has got to stop at somepoint, infinite bond market bull mode and high yields are unsustainable.
...

The universe is racing towards heat death.  All of us will likely kick before that.  The question is timing and odds.

*If the $ collapses, God help us, 'coz Bitcoin would be the last thing on my mind.
5478  Economy / Speculation / Re: Bitcoin made rich just a few but it ruined many on: October 01, 2014, 07:17:12 PM
...
Even after all this I am not ruined. I am still 5figures fiat to the better and have a few BTC to show.
...

Another ridiculous argument.

Investing in lottery tickets is stupid.  Overall, the scheme looses you money.
It doesn't suddenly become smart if you have won--it's still stupid.
You have won the lottery, which doesn't make you any smarter than all of the fools who lost.
I would advise you to stop, regardless of your past winnings.
5479  Economy / Securities / Re: [HAVELOCK](SFI) Seedcoin Fund I on: October 01, 2014, 06:51:33 PM
NotLambchop,

Wow looks like your all knowing and telling me not to buy at 0.00018 was one of the best moves I could have done.

/s
...

You appear in this thread exactly 0 times, don't remember advising you.  Are you sure you're logged into the correct account?

Regardless.  Jumping out of a 10th story window in hopes of getting rich is stupid.
It doesn't become unstupid even if you happen to land on a pile of fluffy garbage bags and avoid injury, finding a ten dollar bill in one of them.

Stay safe, and
 
  ~Happy investing!
5480  Economy / Speculation / Re: Bitcoin made rich just a few but it ruined many on: October 01, 2014, 06:34:44 PM
You don't lose until you sell.
...

In that case, you'll be interested in my 100% guaranteed Toilet Fund.  Here's how it works:

1.  Convert the money to be invested into cash.
2.  Deposit it into the toilet.
3.  Flush.
4.  ? ? ?
5.  Profit.

You will not lose a penny, as long as you remember not to sell.

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