Dude; seriously, you should liquidate your short position before you get zhoutonged. Dude.

Hahahaha, I hope you've liquidated your short position, Cypher_doc. Price is going up uP UP!

Yeah, he's just like Herman Cain: "I don't have any evidence to support this, but..."

"....HAHAHAHAHAH YOUR SHORT POSITION, HOHOHAOHAHOTNHAUNTSH:SEIAOSETNIHSA."

Fact is, after 3 months of up uP UP!, the speculation gods have given them stagnation. It's about all they can jump on, evidence wise. I do want to see him cry his eyeballs out, but I'm realistic; I'll be just as happy watching cypher_doc's post count drop to zero during the next big tank.

I know, the anticipation of his complete and utterly crushed soul is killing me. I've never seen so much buildup in my life.

You're welcome.

+1

What are you, my mother?

Ok, good. There are literally people here (many, many people) who will say "Speculators can go to hell," "Shorting the market is despicable," and "Rally! up up UP!" in the same breath.

And yet, I think you're still missing the point. You've said it right a number of times, but now you're getting confused again. It's not short term speculators that are the problem. It's big-scale short-term speculators. I know you know this, but keep these two separate. It's an important distinction.

If you actually believe what you say, then I think what you're upset about is that bitcoin is not a currency like USD is a currency. It is purely a speculative commodity, and you'd like to see a change towards wide adoption. USD is speculated on daily, but it doesn't affect it's day-to-day purchasing power. Common and reasonable complaint, but there's not much you or anyone can do until there is wider adoption.

If you're in denial, and you really do prefer bullish sentiment to bearish, then you are describing an interesting trend in the Spec subforum: unhappy with the "mood" of shorting, or the idea that it makes someone happy to see the value of BTC fall. This is a purely emotional response (and hilariously contradictory to anti-speculation sentiment), akin to craps players playing the "don't pass line." Same probabilities, but you're betting against the dice roller. In terms of payouts and outcomes for the table, it's irrelevant, and yet people get angry because you don't "support" the roller. This is a thought process you should get away from, immediately. Otherwise you'll look like that idiot Cypher_doc.

Feel free to believe in the fundamental strengths of bitcoin, but recognize that zealotry on that front is a losing proposition if they turn out unsound. Shorters will show you that sooner rather than later, if they actually are unsound, and you'll lose a lot less money in the long run.

Ah, you must be newish here. I'm about the opposite of a shameless libertarian elite, that's all sarcasm.

I ended up around here with a genuine, opinionless interest in an unregulated currency experiment, and found myself surrounded by complete, utter idiocy, which prompted me to liquidate all my investments in this garbage. The sheer amount of scamming, whiining, and railing on government while threatening legal action, combined with stupid nerd shut-ins has pretty much confirmed my utter disrespect for any self-proclaimed libertarians backing bitcoin. We probably share a perspective or two on that.

All that being said, I do hold the belief that (regulated) speculation is both a necessary and inevitable part of successful asset exchange, depending on its scale. It would be very hard for you to convince me otherwise.


You have no idea why speculation is necessay if you are ok with speculation one-way. The whole point is to minimize volatility and home in on actual value. if shorting had been available from the start, we might not have seen the bubble to the extreme extent that we did.

The volatility you complain about is mostly related to small market capitalization of bitcoin. As long as adoption is low or consolidated, you will see volatility.

You won't get that data. It's only a suckers game if you're the sucker. (You're the sucker).

I love them.

I'm still here, I just got tired of trying to teach cypher_doc how not to be an idiot. I decided to take my antics away from meaningless debates, and put my skills into real change for y'all.

sigh.

Miscreanity is a stand-up guy.

No problem we I think censorship is bad I'm a censorship attorney you love to write without any punctuation I can tell. we?

This was just too good not to post. He claims he's a defense attorney, until I suggest his writing is so terrible, it can't be true. He claims reporting someone for breaking the law is akin to "outing" a gay person. I told him being gay wasn't illegal. I also asked him if it was "none of his business" if someone was shot right next to him.

Yes, you are about to hear a "defense attorney" tell you that he wouldn't report a shooting "depending on the circumstances."

This is what we're working with, people.

It is, now. Fantasy's gotta end some time.

I guess my fool life is over now that I don't have any respect from tax-evading scam artists and extremist libertarians.


You forgot the important bit. Thieves. They're actually thieves.


It's perfectly symmetrical, unless by symmetrical you meant uneven.