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Newbie1022
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August 16, 2014, 12:50:24 AM
 #41

Nobody is talking about 10k a coin, and honestly by your doomsday prophecy behaviour I would bet one of those 10k wackos is you under another nick during an uptrend.

Now you're just being intellectually dishonest. Right on the front page this morning:

Quote from: rpietila
The trendline shows how much behind we are currently. The price shows the daily birth rate. I am writing this from a castle that I bought with money earned by trading Bitcoin based on the very premise I have explained to you here.

I believe that the next one might carry us north of $10,000. The longer time we spend here, the more explosive it gets

Yea, rpietila is a scummer if there ever was one. He pretends to be a TA guy, but then talks about $10,000 BTC which is predicated on neither math nor logical thought and circumvents so many TA trigger points in the process. Then, rather than an appeal to logic, he uses an appeal to authority -- "I am writing this from a castle that I bought with the money earned by trading Bitcoin based on the very premise I have explained to you here."

Does that sound familiar? That is the sales pitch from the real estate flipping class advertisements where the camera pans from the guy's mansion to him sipping pina coladas while he tells you about his brilliant new investment plan that will save your life. It's almost as though the jack--- popped right out of the Wolf of Wall Street movie (which was based on real life sociopaths doing the same thing)

The fact that people listen to him is completely unbelievable and really worrisome for the longevity of BTC. BTC is great, strong, and doesn't necessarily depend on a short-term price... but scammers like rpietila screw up the brand.
kireinaha
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August 16, 2014, 01:05:09 AM
 #42

Yea, rpietila is a scummer if there ever was one. He pretends to be a TA guy, but then talks about $10,000 BTC which is predicated on neither math nor logical thought and circumvents so many TA trigger points in the process. Then, rather than an appeal to logic, he uses an appeal to authority -- "I am writing this from a castle that I bought with the money earned by trading Bitcoin based on the very premise I have explained to you here."

Does that sound familiar? That is the sales pitch from the real estate flipping class advertisements where the camera pans from the guy's mansion to him sipping pina coladas while he tells you about his brilliant new investment plan that will save your life. It's almost as though the jack--- popped right out of the Wolf of Wall Street movie (which was based on real life sociopaths doing the same thing)

The fact that people listen to him is completely unbelievable and really worrisome for the longevity of BTC. BTC is great, strong, and doesn't necessarily depend on a short-term price... but scammers like rpietila screw up the brand.

+1

Night gathers, and now my bitcoinwisdom watch begins.
BCEmporium (OP)
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August 16, 2014, 02:58:29 AM
 #43

Regardless of you come out saying BTC will worth 0 or will worth 10K makes you of the same kind, just on opposite sides. I'm not being intellectually dishonest because I'd never made such claim for you to keep going around such insane rate as your counterpart, and that post you are quoting isn't even from this thread.

The truth is, regardless the rate, Bitcoin isn't anywhere broken. Everything is up and running. Go down to 100? Not much of a worry! Eventually will go up. When? 1 year? 1 month? Who knows! Bitcoin is still exceeding high the expectations about it we had by 2010. I still remember people around discussing if it ever will met dollar parity.
You seam to look at BTC as some get rich fast scam where if within 15 days you're not making a 50% profit it means you got scammed.

Just calm down and enjoy the ride!

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fallinglantern
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August 16, 2014, 03:01:39 AM
 #44

Yea, rpietila is a scummer if there ever was one. He pretends to be a TA guy, but then talks about $10,000 BTC which is predicated on neither math nor logical thought and circumvents so many TA trigger points in the process.

I believe the word you meant to use is "scammer". $10,000 BTC (and up) is predicated on the expected exponential adoption of Bitcoin combined with an ultimately fixed and predictable supply. TA is not required to make this logical conclusion.

Carry on with your trolling.
toknormal
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August 16, 2014, 06:56:22 PM
 #45

The lack of secure, simple, user-friendly storage solutions for the average person is one of the reasons why Bitcoin will never come close to mainstream adoption. Hence, one of the reasons why we'll never see another rally bringing us to the lofty heights predicted by the permabulls. We'll never get back to four digits. It's three and two digits for the next year or so. Then one digit.

This has to be one of the most retarded perspectives out there.

Of all the years that Bitcoin has existed, 2014 has probably seen the most acceleration ever in adoption, infrastructure development, promotion and trading.

This time last year there was no Overstock, no Dell, no Expedia, no Dish.....et al. There weren't half the mobile wallets that now exist nor exchanges nor media articles - not to mention 7 times the market cap.

Add to that the fact that it had everything but the kitchen sink thrown at it earlier this year in terms of FUD torpedoes from the MSM, + Gox etc, and the fact that Wall Street is on the horizon with ETF's, it's difficult to see how any conclusion can be reached other than this is eMail 1993. You don't think people are buying ? They're buying all right - in droves - otherwise you'd have seen a bursting balloon months ago, right down to zero from all the fiat gateway conversions by Bitpay and Coinbase.

P.S. Here's another one... http://www.pcworld.com/article/2465743/ebay-may-begin-accepting-bitcoin-payments-via-its-braintree-platform.html

http://online.wsj.com/news/article_email/ebay-payment-unit-in-talks-to-accept-bitcoin-1408052917-lMyQjAxMTA0MDEwNDExNDQyWj
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