|
SirChiko
Legendary
Offline
Activity: 966
Merit: 1000
|
|
January 11, 2015, 08:08:21 PM |
|
That 0.15 warmed me a lil bit.
|
The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes. This is not paid AD!
|
|
|
Bitcoins101
|
|
January 12, 2015, 03:16:03 AM Last edit: January 12, 2015, 03:31:44 AM by Bitcoins101 |
|
New wealthy elite? ahahaha Talk when/if Bitcoin is ever at 10.000k and i am still holding 200coin then i have a few bob but far from a wealthy elite lol Wealthy elite own billions we are mere middle class wanna b's if you only have 200 you will not likely be "elite" in this world That's what I tell homeless that try to bum from me in San Francisco (there's a lot of them), sorry I don't carry cash - only bitcoins.
200k though you would be sitting pretty That depends entirely on how long you plan on living. If you were cryogenically cryonically frozen with a paper wallet and are revived 150 years from now you could be holding a large percentage of the one world currency. Cryogenics is the study of cryonics, which is the deep-freezing of humans. You can't "cryogenically" freeze someone. Cryogenics: study of the deep-freezing of humans. Cryonics: the deep-freezing of humans. Now you too can be the asshole whenever someone uses either incorrectly. That's what I tell homeless that try to bum from me in San Francisco (there's a lot of them), sorry I don't carry cash - only bitcoins.
Funny - I just say no. Handouts and charity only encourage bums to continue being bums. If the choice is either get back on your feet or starve to death, people with anything left in them will get back on their feet. Those with nothing left in them won't, but their existence was futile at that point, anyway. I've offered bums jobs and meals. They never accept the offers.
Of course they don't. Maybe meals sometimes, but they'll never accept a job. thats why they are bums. And there you've said it - the difference between someone with low wealth and a bum. The Mexicans on the corners looking for work are closer to the "wealthy elite" in mindset than they are to the bum on the corner asking for spare change.
|
|
|
|
Bit_Happy
Legendary
Offline
Activity: 2114
Merit: 1040
A Great Time to Start Something!
|
|
January 12, 2015, 03:36:19 AM |
|
Wow, it appears the "the new wealthy elite" have some new social responsibilities and/or 'issues' with bums wanting part of our action.
|
|
|
|
GreatWinter
Newbie
Offline
Activity: 30
Merit: 0
|
|
January 12, 2015, 05:33:23 AM |
|
Interesting, but now that he has it posted online, there is a chance he could get a whole lot of other donations. It's kinda like the guy who posted a sign telling his mom to send him bitcoin while he was away at college. He received something like $24,000 worth of Bitcoin, probably more.
|
|
|
|
50ouncebrew
|
|
January 12, 2015, 06:14:34 AM |
|
ye i cant wait to buy my mansion and lamboo !!
|
| |
▄▄▄ ▐████▄▄▄▄ ▄▄███▀▀ ▐██▀▀▀▀▀███▄▄ ▄██▀▀ ▄▄▄████ ██▄▄ ▀▀██▄ ▄██▀ ▄███▀▀▀ ▀▀███▄ ▀██▄ ██▌ ▄██▀ ▄▄███████▄▄ ▀██▄ ▀██ ██▌ ▄██ ▄██████▌ ▀████▄ ██▄ ▐██ ▐██ ▐██ ████▀ ██▌ ▀ ▀██ ██▌ ██▌ ██▌ ██▌ ▐█▌ ██▌ ▐█▌ ▐██ ▐██ ██▌ ██▌ ▐█▌ ██▌ █▄█ ▐█▌ ▐██ ▐██ ▐██ ▐█▀ ██▄ ██▌ ███▄██ ██▌ ██▌ ██▌ ▄▄ ▀██▄ ██▌ ████▀ ████▄ ███████▄ ▀▀███████▀▀ ▄▄▄ ▀███ ▀▀ ▄ ▀███▄▄▄ ▄▄▄███▀ ▄███▀ ▀██▄▄ ▀▀▀███████▀▀▀ ▄▄███▀ ▀▀████▄▄▄ ▄▄▄████▀▀ ▀▀▀███████▀▀▀ | | M A E S T R O REVOLUTIONIZING THE DIGITAL MUSIC WORLD | | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | | | | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | |
|
|
|
GreatWinter
Newbie
Offline
Activity: 30
Merit: 0
|
|
January 12, 2015, 07:40:12 AM |
|
ye i cant wait to buy my mansion and lamboo !!
Me too, but I don't think I will have enough coins to reach that. I am planning at $2,000,000 on the house and a Lambo will run up around $400,000. Maybe someday BTC will reach $10,000 or even $100,000 a piece, but the question remains, is that gonna be the same purchasing power as today, or will it be $1,000 for a loaf of white bread?
|
|
|
|
ChuckBuck
|
|
January 12, 2015, 01:49:53 PM |
|
YES IT'S A PONZI BUT AN HONEST ONE!
Enjoy.
That's all you needed to post here to get your point across. Now get the steppin'!
|
|
|
|
fabiola!
|
|
January 12, 2015, 02:13:17 PM |
|
ye i cant wait to buy my mansion and lamboo !!
Me too, but I don't think I will have enough coins to reach that. I am planning at $2,000,000 on the house and a Lambo will run up around $400,000. Maybe someday BTC will reach $10,000 or even $100,000 a piece, but the question remains, is that gonna be the same purchasing power as today, or will it be $1,000 for a loaf of white bread? You guys, why on earth would you want a mansion and a Lambo? Learn from the Japanese, they are happy in the smallest of houses, they don't need huge spaces. As for the Lambo, you may look good driving it but the reality is you'll end up with a bunch of speed tickets, if not crashed against a tree somewhere, or in jail for running someone over.
|
|
|
|
mistercoin
Legendary
Offline
Activity: 1044
Merit: 1000
https://r.honeygain.me/XEDDM2B07C
|
|
January 12, 2015, 02:57:16 PM |
|
Well, because I toy with Bitcoin and it's children, mostly because I believe in what it stands for, and the movement itself, I will continue to do the same as I am now. Trade, mess with code, and be a part of a growing community.
|
|
|
|
mistercoin
Legendary
Offline
Activity: 1044
Merit: 1000
https://r.honeygain.me/XEDDM2B07C
|
|
January 12, 2015, 03:00:51 PM |
|
Interesting, but now that he has it posted online, there is a chance he could get a whole lot of other donations. It's kinda like the guy who posted a sign telling his mom to send him bitcoin while he was away at college. He received something like $24,000 worth of Bitcoin, probably more. I just sent him 0.002. Can't blame a guy for trying. I know what it feels like to be down and out, and there was a time when I would have probably done the same, if BTC was around then.
|
|
|
|
Beyonce
Member
Offline
Activity: 86
Merit: 10
Surfbort.
|
|
January 12, 2015, 03:27:04 PM |
|
ye i cant wait to buy my mansion and lamboo !!
Me too, but I don't think I will have enough coins to reach that. I am planning at $2,000,000 on the house and a Lambo will run up around $400,000. Maybe someday BTC will reach $10,000 or even $100,000 a piece, but the question remains, is that gonna be the same purchasing power as today, or will it be $1,000 for a loaf of white bread? You guys, why on earth would you want a mansion and a Lambo? Learn from the Japanese, they are happy in the smallest of houses, they don't need huge spaces. As for the Lambo, you may look good driving it but the reality is you'll end up with a bunch of speed tickets, if not crashed against a tree somewhere, or in jail for running someone over. I think the whole lambo thing is just a joke really... or boys just like the expensive yellow toys. I also think the time has past for people to be buying Lambos with the gains from their coins, but people can keep dreaming.
|
Bow down, bitches.
|
|
|
rio3232
|
|
January 12, 2015, 03:51:48 PM |
|
Wow. Actually its damn next level peasants lol. Easy bitcoin of his life
|
|
|
|
joeventura
|
|
January 13, 2015, 11:37:43 AM |
|
Very amusing.
What you fail to notice is the fact that BTC is in a slow descent, with no bottom in sight.
Let's talk through the scenario, BTC keeps dropping (down 49% since July 3rd) that's more than 10% a month.
In response to that what is happening?
People spending their BTC? NO!
People selling their BTC? YES!
People continuing to hoard BTC waiting for it to come back? YES!
People mining any great quantity of BTC on their own? NO!
People cloud mining making tiny BTC profits? YES!
These things above never change and if they don't then BTC will be $150 in 4 months, then it becomes cost prohibitive for anyone but the huge farms like KNC to mine.
By June BTC will be down in the double digits ($85ish) and no one will be interested in it any longer.
You heard it here.
Seems like you've lost your drive & hunger for Bitcoin....what you don't understand is Bitcoin isn't just about how much it's worth. It's a concept which at the moment is suceeding maybe not on a huge level but if someone told you about this new concept 6 years ago and said within this amount of time it would reach highs of $1000 you would of laughed. All it takes at the moment is a whale to delve into Bitcoin and spend a huge amount which will raise the value and bring more attention from media which means more people will be interested in Bitcoin....or we have a major hack again or something similar of nature which would again bring media attention which would be seen by millions & again even though it's bad news many more people will of heard of Bitcoin and will search up on it. You might be right it dropping down to double digits...but your not right on people not buying...a huge lot of people are buying Bitcoin. What I think is happening is a lot of people are using the payment processor bitpay which sells their Bitcoin for fiat as soon as they recieve it which decreases the value of Bitcoin. If people stop using bitpay & similar companies then we should see a rise again. Everyone thought bitpay was a great company but in actual facts it's damagining the Bitcoin value & community in general. There are a number of other major factors like more sell orders than buy order but thats obvious & talked about far more often than the point I brought up. Pissedoff: I agree with some of your assessment, but NOT all of it. Personally, I believe what is causing the price to go down is manipulation, and there are some that want to continue to push the prices of BTC down so that they can continue to accumulate and at some point (maybe 1 month from NOW or maybe 6 months or possibly longer), there will be attempts to manipulate in the opposite (upwards direction)... One large whale would be within his/her power to manipulate the price upwards into the $3k to $5k territory, b/c was the price starts to go upward, there will be other whales ready and willing to jump on board. Really, bitpay and similar are good for bitcoin because they cause liquidation opportunities - which people need to have in order to have additional confidence in BTC when prices go to the next upward level. Surely, if people are NOW using bitpay and similar to liquidate and they are NOT replacing their coins, then surely, you are correct that those services are merely being used to sell coins... but really, I doubt that those services of bitpay and similar are what really is causing downward price pressures... you can watch the market and see that the downward pressure comes from the purposeful and strategic attempts to dump large quantities of coins on exchanges, and while that conduct remains profitable, that exchange dumping conduct is going to continue. Additionally, some of these dumpers are accumulating coins on the sly.. so that they will have plenty of coins when the time comes for the upward momentum. You don't have to agree with any of it, you just have to keep watching and realize I was right then, and I am right now. BTC=$80 by June Its down $100 since the last time I told you, in 2 months it will be down another $100
|
|
|
|
FandangledGizmo
Legendary
Offline
Activity: 1138
Merit: 1001
|
|
January 13, 2015, 11:43:46 AM |
|
Very amusing.
What you fail to notice is the fact that BTC is in a slow descent, with no bottom in sight.
Let's talk through the scenario, BTC keeps dropping (down 49% since July 3rd) that's more than 10% a month.
In response to that what is happening?
People spending their BTC? NO!
People selling their BTC? YES!
People continuing to hoard BTC waiting for it to come back? YES!
People mining any great quantity of BTC on their own? NO!
People cloud mining making tiny BTC profits? YES!
These things above never change and if they don't then BTC will be $150 in 4 months, then it becomes cost prohibitive for anyone but the huge farms like KNC to mine.
By June BTC will be down in the double digits ($85ish) and no one will be interested in it any longer.
You heard it here.
Seems like you've lost your drive & hunger for Bitcoin....what you don't understand is Bitcoin isn't just about how much it's worth. It's a concept which at the moment is suceeding maybe not on a huge level but if someone told you about this new concept 6 years ago and said within this amount of time it would reach highs of $1000 you would of laughed. All it takes at the moment is a whale to delve into Bitcoin and spend a huge amount which will raise the value and bring more attention from media which means more people will be interested in Bitcoin....or we have a major hack again or something similar of nature which would again bring media attention which would be seen by millions & again even though it's bad news many more people will of heard of Bitcoin and will search up on it. You might be right it dropping down to double digits...but your not right on people not buying...a huge lot of people are buying Bitcoin. What I think is happening is a lot of people are using the payment processor bitpay which sells their Bitcoin for fiat as soon as they recieve it which decreases the value of Bitcoin. If people stop using bitpay & similar companies then we should see a rise again. Everyone thought bitpay was a great company but in actual facts it's damagining the Bitcoin value & community in general. There are a number of other major factors like more sell orders than buy order but thats obvious & talked about far more often than the point I brought up. Pissedoff: I agree with some of your assessment, but NOT all of it. Personally, I believe what is causing the price to go down is manipulation, and there are some that want to continue to push the prices of BTC down so that they can continue to accumulate and at some point (maybe 1 month from NOW or maybe 6 months or possibly longer), there will be attempts to manipulate in the opposite (upwards direction)... One large whale would be within his/her power to manipulate the price upwards into the $3k to $5k territory, b/c was the price starts to go upward, there will be other whales ready and willing to jump on board. Really, bitpay and similar are good for bitcoin because they cause liquidation opportunities - which people need to have in order to have additional confidence in BTC when prices go to the next upward level. Surely, if people are NOW using bitpay and similar to liquidate and they are NOT replacing their coins, then surely, you are correct that those services are merely being used to sell coins... but really, I doubt that those services of bitpay and similar are what really is causing downward price pressures... you can watch the market and see that the downward pressure comes from the purposeful and strategic attempts to dump large quantities of coins on exchanges, and while that conduct remains profitable, that exchange dumping conduct is going to continue. Additionally, some of these dumpers are accumulating coins on the sly.. so that they will have plenty of coins when the time comes for the upward momentum. You don't have to agree with any of it, you just have to keep watching and realize I was right then, and I am right now. BTC=$80 by June Its down $100 since the last time I told you, in 2 months it will be down another $100 'Pissedoff' seems to have the same view as me that the Bitcoin to fiat cycle via merchants is largely to blame. I personally think currency stable BitAssets are going to be the solution but it's hard to stay optimistic on days like this. https://bitcointalk.org/index.php?topic=922252.msg10128457#msg10128457
|
|
|
|
ChuckBuck
|
|
January 13, 2015, 02:53:29 PM |
|
Guess my dreams of getting out of the homeless shelter keeps losing traction day by day: No relief in site, just relentless dumping and dumping on exchanges, everyone converting to fiat immediately. Doesn't look good for anyone at the moment, my fellow peasants...
|
|
|
|
philiveyjr
Legendary
Offline
Activity: 840
Merit: 1000
|
|
January 13, 2015, 07:58:51 PM |
|
10k$ a pop?? the direction in which the prices r going.!! I dont see it happening anytime soon.!!
|
|
|
|
philiveyjr
Legendary
Offline
Activity: 840
Merit: 1000
|
|
January 13, 2015, 08:00:46 PM |
|
Guess my dreams of getting out of the homeless shelter keeps losing traction day by day: No relief in site, just relentless dumping and dumping on exchanges, everyone converting to fiat immediately. Doesn't look good for anyone at the moment, my fellow peasants... Yeah mate.!! I think Im getting poorer n poorer day by day...not the opposite.!! new wealthy elite?? not so much.! :/
|
|
|
|
FandangledGizmo
Legendary
Offline
Activity: 1138
Merit: 1001
|
|
January 13, 2015, 08:20:26 PM |
|
Guess my dreams of getting out of the homeless shelter keeps losing traction day by day: No relief in site, just relentless dumping and dumping on exchanges, everyone converting to fiat immediately. Doesn't look good for anyone at the moment, my fellow peasants... Yeah mate.!! I think Im getting poorer n poorer day by day...not the opposite.!! new wealthy elite?? not so much.! :/ There is always the chance there are major 'bail-ins'. Bitcoin is still the market leader by far and so money would rush into Bitcoin and it would top $1000 in a couple of days imo. Unfortunately in the absence of an external catalyst, I'm fairly certain unstable crypto trends down when used as a transactional currency
|
|
|
|
Flashman
|
|
January 13, 2015, 08:48:07 PM |
|
There is always the chance there are major 'bail-ins'.
Have seen a few whale buys this afternoon, 2000 coins with only a $20 spread, they be munching plankton like it's going out of fashion.
|
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.
|
|
|
|