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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 598761 times)
50ouncebrew
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December 18, 2014, 07:41:13 PM
 #2341

I hope this happens  Cheesy

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December 18, 2014, 10:29:34 PM
 #2342


60minutes and 60seconds : not sure why :


Because the Babylonians counted in base 60.  No joke.  They were there first in astronomy, and they divided the heavens with units denominated in base-60. 

For them, this *WAS* the metric system.

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December 19, 2014, 12:26:42 AM
 #2343

Indeed, patience is definitely a virtue.  For now, we're neither wealthy nor elite nor wealthy elite nor gentleman.

Pretty sure this is where we stand:



Considering the party goers, I'll take the one on the far right. Cigarettes and beer sounds fun afterall. I'd have to break out some clear liquor to even deal with the rest of the crowd. That said, patience is a virtue and only those with brass cajones or the like can hold during a wave of simpletons calling for the end of bitcoin in every other post during a despair/desperation period.
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December 19, 2014, 01:23:05 AM
 #2344

Yep.  Far right, Chef R. -- no contest!  The panic in the speculation sub-forum right now is indicative of a huge imminent run-up.  I have lurked here since the end of 2010 and that seems to be the pattern IMHO.
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December 19, 2014, 01:59:49 AM
 #2345


60minutes and 60seconds : not sure why :


Because the Babylonians counted in base 60.  No joke.  They were there first in astronomy, and they divided the heavens with units denominated in base-60. 

For them, this *WAS* the metric system.



base60 is where it is at ... prime divisors 1,2,3,4,5,6,10,12,15,20,30, and it is three sets of total human digits.

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December 19, 2014, 05:03:36 AM
 #2346

Yep.  Far right, Chef R. -- no contest!  The panic in the speculation sub-forum right now is indicative of a huge imminent run-up.  I have lurked here since the end of 2010 and that seems to be the pattern IMHO.

It could go down to 270 or even 240$ before it moves up to much higher.

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December 19, 2014, 05:23:02 AM
 #2347

You could be right.  Could drop even lower.  I watched bitcoin rise to $1 (when I was getting more than 10 a day mining with video cards), drop from $30, rise to a bunch more, drop, rise to over $1200 then oscillate to where it is now. Was fun to give a dozen coins to family and friends when they were worth $100 and see them ask if I wanted some back when they rose to $1200.  I think it will rise again.  I will HODL. 
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December 19, 2014, 10:51:28 AM
 #2348

You could be right.  Could drop even lower.  I watched bitcoin rise to $1 (when I was getting more than 10 a day mining with video cards), drop from $30, rise to a bunch more, drop, rise to over $1200 then oscillate to where it is now. Was fun to give a dozen coins to family and friends when they were worth $100 and see them ask if I wanted some back when they rose to $1200.  I think it will rise again.  I will HODL. 

All the reasons that brought the price from 0 to 320$ are here and more.

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December 19, 2014, 06:44:18 PM
 #2349

You could be right.  Could drop even lower.  I watched bitcoin rise to $1 (when I was getting more than 10 a day mining with video cards), drop from $30, rise to a bunch more, drop, rise to over $1200 then oscillate to where it is now. Was fun to give a dozen coins to family and friends when they were worth $100 and see them ask if I wanted some back when they rose to $1200.  I think it will rise again.  I will HODL. 

All the reasons that brought the price from 0 to 1200$ are here and more.

FTFY
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December 20, 2014, 08:41:20 AM
 #2350

You could be right.  Could drop even lower.  I watched bitcoin rise to $1 (when I was getting more than 10 a day mining with video cards), drop from $30, rise to a bunch more, drop, rise to over $1200 then oscillate to where it is now. Was fun to give a dozen coins to family and friends when they were worth $100 and see them ask if I wanted some back when they rose to $1200.  I think it will rise again.  I will HODL. 

All the reasons that brought the price from 0 to 1200$ are here and more.

FTFY

0 to 1200$ and now 320$. I wanted to emphasized that the price is relatively high compared to the age of the technology and the fact it started at 0.

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December 20, 2014, 08:04:01 PM
 #2351

You could be right.  Could drop even lower.  I watched bitcoin rise to $1 (when I was getting more than 10 a day mining with video cards), drop from $30, rise to a bunch more, drop, rise to over $1200 then oscillate to where it is now. Was fun to give a dozen coins to family and friends when they were worth $100 and see them ask if I wanted some back when they rose to $1200.  I think it will rise again.  I will HODL. 

All the reasons that brought the price from 0 to 1200$ are here and more.

FTFY

0 to 1200$ and now 320$. I wanted to emphasized that the price is relatively high compared to the age of the technology and the fact it started at 0.

Yes some people tend to miss this and take the price out of context. When one looks at the price only going from $1200 to $320 they think..."wow what a fail".

But then another person looks at where bitcoin originated and says "wow bitcoin went from $0 to $320? damn that's crazy and awesome!"

Two different context/perspectives that sometimes users here and media like to use to make their point, whatever that may be.

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December 20, 2014, 08:36:54 PM
 #2352

Well 10K pizza to $320 is about 8 million percent.  Shocked

TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6

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December 21, 2014, 02:26:09 AM
 #2353

when i make a million, i'm gonna pay a dwarf to follow me around with a drum and high hat.....and "Ba-dun dun chhh" after every joke i crack... or as morning alarm.
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December 21, 2014, 12:37:04 PM
 #2354

You could be right.  Could drop even lower.  I watched bitcoin rise to $1 (when I was getting more than 10 a day mining with video cards), drop from $30, rise to a bunch more, drop, rise to over $1200 then oscillate to where it is now. Was fun to give a dozen coins to family and friends when they were worth $100 and see them ask if I wanted some back when they rose to $1200.  I think it will rise again.  I will HODL. 

All the reasons that brought the price from 0 to 1200$ are here and more.

FTFY

0 to 1200$ and now 320$. I wanted to emphasized that the price is relatively high compared to the age of the technology and the fact it started at 0.

Yes some people tend to miss this and take the price out of context. When one looks at the price only going from $1200 to $320 they think..."wow what a fail".

But then another person looks at where bitcoin originated and says "wow bitcoin went from $0 to $320? damn that's crazy and awesome!"

Two different context/perspectives that sometimes users here and media like to use to make their point, whatever that may be.

A lot of users came between Nov 2013 and now so they feel Bitcoin is going down. They are the ones participating in signature campaign because they don't have much bitcoins

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December 21, 2014, 01:37:44 PM
 #2355

when i make a million, i'm gonna pay a dwarf to follow me around with a drum and high hat.....and "Ba-dun dun chhh" after every joke i crack... or as morning alarm.

Good plan, ima apply for that job.... then sue for sizeist discrimination because you didn't think I was very dwarfish at 6'1" Cheesy

TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6

Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
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December 21, 2014, 01:51:27 PM
 #2356

A lot of users came between Nov 2013 and now so they feel Bitcoin is going down. They are the ones participating in signature campaign because they don't have much bitcoins

I came (back) in at $30, so everything over that seems like a bonus. Though I went for mining equipment rather than coin (Doh!)

I say back, because I had heard of bitcoin a couple of years earlier, when it first got to be worth anything and was cents. Back then I wanted to get $100 worth, but it seemed kind of unpossible to get hold of back then, unless you were near anyone or had been hanging around months to have enough trust that anyone would sell you for paypal or something.

TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6

Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
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December 21, 2014, 05:04:26 PM
 #2357

You guys realize that the current wealthy elite sacrifice your children in bizarre religious ceremonies that involve sexual defamation and torture as a show of dominance right?  
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December 21, 2014, 05:38:39 PM
 #2358

So..... we're doing it wrong?

TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6

Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
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December 21, 2014, 06:15:23 PM
 #2359

A lot of users came between Nov 2013 and now so they feel Bitcoin is going down. They are the ones participating in signature campaign because they don't have much bitcoins

I came (back) in at $30, so everything over that seems like a bonus. Though I went for mining equipment rather than coin (Doh!)

I say back, because I had heard of bitcoin a couple of years earlier, when it first got to be worth anything and was cents. Back then I wanted to get $100 worth, but it seemed kind of unpossible to get hold of back then, unless you were near anyone or had been hanging around months to have enough trust that anyone would sell you for paypal or something.

Inspiring story.

It may take a few years to get to 5000$ and higher but we could reach a markep cap in tens of billions as soon as 2015.

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December 22, 2014, 01:48:26 AM
 #2360

You guys realize that the current wealthy elite sacrifice your children in bizarre religious ceremonies that involve sexual defamation and torture as a show of dominance right?  

The wealthy elite of some tribe in Africa?
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