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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 607258 times)
americanpegasus
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May 09, 2015, 09:57:27 AM
 #2681

You know what's crazy...   
 
This is viewed as some legacy topic of a different time, when bitcoins were worth peanuts and these brilliant luck-tards had stumbled into a massive financial windfall...  If only they had just bought and HODL'ded. 
 
We see them casually mentioning the loss of 50,100, and a thousand bitcoins and think "Sheeeeeyat". 
 
But back then, there was only a vague hope of going to the stratosphere ($1,000/coin) but people weren't even sure if they believed their own hyperbole. 
 
Well, we are sitting on that same horizon. 
 
Years from now, when this topic is drug up from the abyss, people will look at THIS post, when we could have bought bitcoins for $240 each and think "That's absurd...  They could have easily bought bitcoin for ridiculously cheap...  And yet so many didn't...  Even I didn't...  fack!" 
 
When bitcoin hits $10 each and you could have had them for pennies, it seems like you've missed the boat.  But you haven't. 
 
And I'm promising you, right now.  Everyone who buys bitcoin at today's prices and just HODLs for a decade will be absurdly wealthy.  No one has "missed the boat" if they are willing to just take a small leap of faith off the dock. 
 
See you in 2020.

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oser41eric
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May 09, 2015, 10:08:19 AM
 #2682

Can you feel it? can you smell it? something big is getting closer ...

Sorry, I had black beans for dinner last night. The wind off those beans can move an oak tree. lol

What I see is the market cap dropping steadily for a year. I want to believe but I don't see it.

https://blockchain.info/charts/market-cap?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

Me and you the same, the long term charts paint a pretty obvious picture and however much I don't like it, it is true. We have been dropping dropping and soon dropped. Will it bounce back in time!? Not sure if it drops to far and for to long a lot of people will just keep bailing with their losses and not look back and I don't blame them. So no OP I don't think we are wealthy elite more like broke wishful thinkers, the elite have go out of dodge.
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May 12, 2015, 01:01:13 PM
 #2683

traveling the whole world what is my one and only dream.
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May 12, 2015, 01:10:25 PM
 #2684

Can you feel it? can you smell it? something big is getting closer ...

I'm starting to feel it from not so long ago, something big is coming, It will be here when you least expect it, i need to get back my loaned bitcoin asap, before the price skyrocket again
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May 12, 2015, 01:18:40 PM
 #2685

Can you feel it? can you smell it? something big is getting closer ...

I absolutely can my friend
anyone who has finger on pulse and is reading the RELENTLESS funding news of bitcoin startups and companies, hitting billions in total
all the positive news. wallstreet, nasdaq etc

I am amazed the price can hold this low whilst the big boys are steadily accumulating the big merchants and miners dumping at these prices.


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May 12, 2015, 01:38:54 PM
 #2686


anyone who has finger on pulse and is reading the RELENTLESS funding news of bitcoin startups and companies, hitting billions in total
all the positive news. wallstreet, nasdaq etc

I am amazed the price can hold this low whilst the big boys are steadily accumulating the big merchants and miners dumping at these prices.


These funding are for bitcoin technology. It is related to bitcoin, but might not cause bitcoin price to rise.
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May 12, 2015, 02:27:44 PM
 #2687

That is actually interesting. 4 years on, the price is $200 with a high of around $1k

yup. great gains compared to the start of the thread. even still, not everyone who was around in the early days got rich. some of us didn't have anything to invest back then. the most i had at one time was about 20 coins, and that was before we broke 100. spent most of it back then too.

Yeah, definitely. If you look at some of the addresses of the people who were first posting in this thread, most spend their coins back in 2012. It isn't easy to hold on to your principle and keep holding on to your coins, as it may sound. Scams and Ponzi schemes are pretty tempting at times!

moving coins != spending Smiley
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May 12, 2015, 03:05:45 PM
 #2688


anyone who has finger on pulse and is reading the RELENTLESS funding news of bitcoin startups and companies, hitting billions in total
all the positive news. wallstreet, nasdaq etc

I am amazed the price can hold this low whilst the big boys are steadily accumulating the big merchants and miners dumping at these prices.


These funding are for bitcoin technology. It is related to bitcoin, but might not cause bitcoin price to rise.

Finally someone sees it for what it is. I'm sure they'll use colored coins to experiment with the technology but I can't see Wall Street/NASDAQ trusting their security to a bunch of unidentified Chinese mining farms. It's well known that current Bitcoiners hate Wall Street. Do we actually believe they intend to trust Bitcoiners to secure their network? Yeah, whatever. They might use blockchain technology when the experiments are done but it will be their blockchain distributed to all their affiliates worldwide.

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May 12, 2015, 03:12:19 PM
 #2689

Do we actually believe they intend to trust Bitcoiners to secure their network? Yeah, whatever.

Is that a royal we?

https://bitcointalk.org/index.php?topic=1057177.msg11342352#msg11342352
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May 12, 2015, 03:22:27 PM
 #2690

Do we actually believe they intend to trust Bitcoiners to secure their network? Yeah, whatever.

Is that a royal we?

https://bitcointalk.org/index.php?topic=1057177.msg11342352#msg11342352

Yep, I've already read that. That's why I mentioned colored coins because the experiments will be done with the experimental system already in place. Is that the final design that will be used? Can you tell me that one?

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May 12, 2015, 03:31:30 PM
 #2691

I doubt very much it's the final design, but I have no way of knowing that.
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May 12, 2015, 03:37:21 PM
 #2692

I doubt very much it's the final design, but I have no way of knowing that.

I'd love it if it helped Bitcoin. I'm holding quite a few. I just look at it as if these companies are students in college. When you graduate you don't build your company on the schools network. You build your own network and use the knowledge you learned at school. That's what I think they're doing but we'll see. If I'm wrong I'm rich. So I hope I'm wrong.

americanpegasus
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May 12, 2015, 07:00:08 PM
 #2693

I doubt very much it's the final design, but I have no way of knowing that.

I'd love it if it helped Bitcoin. I'm holding quite a few. I just look at it as if these companies are students in college. When you graduate you don't build your company on the schools network. You build your own network and use the knowledge you learned at school. That's what I think they're doing but we'll see. If I'm wrong I'm rich. So I hope I'm wrong.

Here's what everyone always overlooks when they muse about stuff like this: the system only works if people believe the digital tokens have value. 
 
belief   
 
If NASDAQ or JP Morgan go make their own blockchain, it will have some initial seed value because it will be backed by a major company.  But it won't have the monstrous billions of market cap that bitcoin has, and without that inherent value, the system breaks down. 
 
It would be like me declaring that my special alloy is now as valuable as gold...  Everyone would look at me and say, ummm, good for you, but no its not. 
 
For all these applications to work, they have to be built upon a network where the tokens are valuable, and any proprietary efforts will fizzle because you just won't be able to convince enough people to use your network to create the value you need to make it useful. 
 
Bitcoin wins.  Yes, don't just pack for the moon.  Throw in a Mars sweater and a pair of Alpha Centauri slippers too.  Shit gonna get cray cray.

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May 12, 2015, 07:13:26 PM
 #2694

I doubt very much it's the final design, but I have no way of knowing that.

I'd love it if it helped Bitcoin. I'm holding quite a few. I just look at it as if these companies are students in college. When you graduate you don't build your company on the schools network. You build your own network and use the knowledge you learned at school. That's what I think they're doing but we'll see. If I'm wrong I'm rich. So I hope I'm wrong.

Here's what everyone always overlooks when they muse about stuff like this: the system only works if people believe the digital tokens have value. 
 
belief   
 
If NASDAQ or JP Morgan go make their own blockchain, it will have some initial seed value because it will be backed by a major company.  But it won't have the monstrous billions of market cap that bitcoin has, and without that inherent value, the system breaks down. 
 
It would be like me declaring that my special alloy is now as valuable as gold...  Everyone would look at me and say, ummm, good for you, but no its not. 
 
For all these applications to work, they have to be built upon a network where the tokens are valuable, and any proprietary efforts will fizzle because you just won't be able to convince enough people to use your network to create the value you need to make it useful. 
 
Bitcoin wins.  Yes, don't just pack for the moon.  Throw in a Mars sweater and a pair of Alpha Centauri slippers too.  Shit gonna get cray cray.

Oh yeah, no one would ever think something created by the second largest exchange in the world the Nasdaq exchange that includes the world’s foremost technology and biotech giants such as Apple, Google, Microsoft, Oracle, Amazon, Intel and Amgen is worth jack shit but they would think the former drug money of choice for criminals is a worthy investment. You're too funny dude!


 

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May 12, 2015, 07:50:17 PM
 #2695

I doubt very much it's the final design, but I have no way of knowing that.

I'd love it if it helped Bitcoin. I'm holding quite a few. I just look at it as if these companies are students in college. When you graduate you don't build your company on the schools network. You build your own network and use the knowledge you learned at school. That's what I think they're doing but we'll see. If I'm wrong I'm rich. So I hope I'm wrong.

Here's what everyone always overlooks when they muse about stuff like this: the system only works if people believe the digital tokens have value. 
 
belief   
 
If NASDAQ or JP Morgan go make their own blockchain, it will have some initial seed value because it will be backed by a major company.  But it won't have the monstrous billions of market cap that bitcoin has, and without that inherent value, the system breaks down. 
 
It would be like me declaring that my special alloy is now as valuable as gold...  Everyone would look at me and say, ummm, good for you, but no its not. 
 
For all these applications to work, they have to be built upon a network where the tokens are valuable, and any proprietary efforts will fizzle because you just won't be able to convince enough people to use your network to create the value you need to make it useful. 
 
Bitcoin wins.  Yes, don't just pack for the moon.  Throw in a Mars sweater and a pair of Alpha Centauri slippers too.  Shit gonna get cray cray.

Stupid bulltard can't stop self fantasy.
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May 12, 2015, 08:13:52 PM
 #2696

I doubt very much it's the final design, but I have no way of knowing that.

I'd love it if it helped Bitcoin. I'm holding quite a few. I just look at it as if these companies are students in college. When you graduate you don't build your company on the schools network. You build your own network and use the knowledge you learned at school. That's what I think they're doing but we'll see. If I'm wrong I'm rich. So I hope I'm wrong.

Here's what everyone always overlooks when they muse about stuff like this: the system only works if people believe the digital tokens have value. 
 
belief   
 
If NASDAQ or JP Morgan go make their own blockchain, it will have some initial seed value because it will be backed by a major company.  But it won't have the monstrous billions of market cap that bitcoin has, and without that inherent value, the system breaks down. 
 
It would be like me declaring that my special alloy is now as valuable as gold...  Everyone would look at me and say, ummm, good for you, but no its not. 
 
For all these applications to work, they have to be built upon a network where the tokens are valuable, and any proprietary efforts will fizzle because you just won't be able to convince enough people to use your network to create the value you need to make it useful. 
 
Bitcoin wins.  Yes, don't just pack for the moon.  Throw in a Mars sweater and a pair of Alpha Centauri slippers too.  Shit gonna get cray cray.


wait wait I am not quite ready!!!!!............
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May 12, 2015, 08:24:39 PM
 #2697

Quote
Bitcoin wins.  Yes, don't just pack for the moon.  Throw in a Mars sweater and a pair of Alpha Centauri slippers too.  Shit gonna get cray crayGrin Grin

americanpegasus
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May 12, 2015, 10:36:32 PM
 #2698

I doubt very much it's the final design, but I have no way of knowing that.

I'd love it if it helped Bitcoin. I'm holding quite a few. I just look at it as if these companies are students in college. When you graduate you don't build your company on the schools network. You build your own network and use the knowledge you learned at school. That's what I think they're doing but we'll see. If I'm wrong I'm rich. So I hope I'm wrong.

Here's what everyone always overlooks when they muse about stuff like this: the system only works if people believe the digital tokens have value.  
  
belief  
  
If NASDAQ or JP Morgan go make their own blockchain, it will have some initial seed value because it will be backed by a major company.  But it won't have the monstrous billions of market cap that bitcoin has, and without that inherent value, the system breaks down.  
  
It would be like me declaring that my special alloy is now as valuable as gold...  Everyone would look at me and say, ummm, good for you, but no its not.  
  
For all these applications to work, they have to be built upon a network where the tokens are valuable, and any proprietary efforts will fizzle because you just won't be able to convince enough people to use your network to create the value you need to make it useful.  
  
Bitcoin wins.  Yes, don't just pack for the moon.  Throw in a Mars sweater and a pair of Alpha Centauri slippers too.  Shit gonna get cray cray.

Stupid bulltard can't stop self fantasy.
 
  
My enthusiasm is orders of magnitudes more powerful than your trolling could ever be.  
  
And unlike your shitty sockpuppet trolling, my enthusiasm is contagious.  
  
Game over, trolls.   We're going to outer space and you're not invited.  
  
Bitcoin will hit $500, then a thousand again, then $3,000 and the whole time you'll be insisting it's a speculative tulip bubble, but that doesn't mean it won't happen.  
  
Then $5,000, and then $10,000.  We're just getting warmed up.  
  
$20,000 and $60,000.... It all happens.  
  
Spoiler alert: you lose, and worse: you realize too late that your cross-dressing eroge games won't hold you at night in your single bedroom hovel.  Meanwhile the rest of us are partying on the surface of the fucking sun.

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May 12, 2015, 10:47:04 PM
 #2699


Spoiler alert: you lose, and worse: you realize too late that your cross-dressing eroge games won't hold you at night in your single bedroom hovel.  Meanwhile the rest of us are partying on the surface of the fucking sun.

Dunno about the rest of you, but I'd certainly rather hovel in a single bedroom on Earth rather than party on the surface of the sun.

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May 12, 2015, 11:01:26 PM
 #2700


Spoiler alert: you lose, and worse: you realize too late that your cross-dressing eroge games won't hold you at night in your single bedroom hovel.  Meanwhile the rest of us are partying on the surface of the fucking sun.

Dunno about the rest of you, but I'd certainly rather hovel in a single bedroom on Earth rather than party on the surface of the sun.

Were gonna need really good air conditioners if we follow this guy.

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