errornone
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July 19, 2015, 12:33:12 AM |
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that was before 1000$ BTC price.
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jonald_fyookball
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Core dev leaves me neg feedback #abuse #political
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July 19, 2015, 01:15:04 AM |
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Actually Satoshi Nakamoto said something along the lines of "if Bitcoin isn't used everywhere in 10 or 20 years it will not exist" so he clearly aimed for a global usage. Bitcoin is exactly that, all or nothing, it was never designed to stop at some sort of small internet niche, this is really the next level in money and not only that, in tons of things as well since we know the Blockchain can be used for endless tasks.
The holy lord said: Feb. 14, 2010:
I’m sure that in 20 years there will either be very large (bitcoin) transaction volume or no volume. 'very large' is relative. we are already very large compared to any reasonable expectations based on 2010's sentiment. still, one can infer exponential growth from Satoshi's statement and that appears to be happening. |
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Amph
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July 19, 2015, 08:34:01 AM |
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that was before 1000$ BTC price.
it was after actually because 1k happened around january, but it does not mean anything because a manipulated price like that on one exchange only does not count at all |
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QuestionAuthority
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You lead and I'll watch you walk away.
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July 19, 2015, 01:28:06 PM |
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that was before 1000$ BTC price.
it was after actually because 1k happened around january, but it does not mean anything because a manipulated price like that on one exchange only does not count at all Finally, someone gets it. Bitcoin has never hit $1k exchange rate. That was a Karpeles con. It's actually a testament to Bitcoin's success that we've held stable at the $250-$300 range for so long. There's nothing wrong with it taking 30 years to reach $1k exchange rate. Most people just don't want to believe it will take that long because that doesn't fit neatly into their early retirement plan. |
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ragi
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July 19, 2015, 02:23:57 PM |
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Bitcoin has never hit $1k exchange rate. That was a Karpeles con. So yesterday's dip on btc-e to 150USD is btc-e con? |
no.
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Moonpig
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July 19, 2015, 03:00:17 PM |
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that was before 1000$ BTC price.
it was after actually because 1k happened around january, but it does not mean anything because a manipulated price like that on one exchange only does not count at all Finally, someone gets it. Bitcoin has never hit $1k exchange rate. That was a Karpeles con. It's actually a testament to Bitcoin's success that we've held stable at the $250-$300 range for so long. There's nothing wrong with it taking 30 years to reach $1k exchange rate. Most people just don't want to believe it will take that long because that doesn't fit neatly into their early retirement plan. Well, it did hit it regardless of manipulation. Maybe someone could manipulate it back there too. I do think it is going to take a while for us to get back to 1k but if bitcoin is adopted by a major industry or company then I think we'll get their sooner than people think. |
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ransomer
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July 19, 2015, 04:26:02 PM |
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Actually Satoshi Nakamoto said something along the lines of "if Bitcoin isn't used everywhere in 10 or 20 years it will not exist" so he clearly aimed for a global usage. Bitcoin is exactly that, all or nothing, it was never designed to stop at some sort of small internet niche, this is really the next level in money and not only that, in tons of things as well since we know the Blockchain can be used for endless tasks.
The holy lord said: Feb. 14, 2010:
I’m sure that in 20 years there will either be very large (bitcoin) transaction volume or no volume. He was clever. I completely agree. There is no middle ground. People are on this because it's the next big thing. Those hopes will either come true or be shattered. Let's find ways for individuals to keep their bitcoins safe... I think we need big corporations to come in and guarantee they can keep them safe for us. I cannot see any other option right now... I know some would not like this, but what is the alternative? |
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Biomech
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Merit: 1022
Anarchy is not chaos.
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July 19, 2015, 09:43:23 PM |
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sorry for a little bit off topic question, but how a guest can write on this forum? the 1st post was posted by an anonymous poster that was guest am i getting something wrong?
He wasn't a guest, he was Atlas, a fairly infamous troll who got permanently banned. |
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Bit_Happy
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A Great Time to Start Something!
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July 19, 2015, 09:51:11 PM
Last edit: July 19, 2015, 10:06:36 PM by Bit_Happy |
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sorry for a little bit off topic question, but how a guest can write on this forum? the 1st post was posted by an anonymous poster that was guest am i getting something wrong?
He wasn't a guest, he was Atlas, a fairly infamous troll who got permanently banned. I suppose he really earned the lifetime ban: Has there been even 10 perma-bans in forum history? Five? |
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knowhow
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July 19, 2015, 10:51:39 PM |
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well its amazing see a thread from 2011 here and the speculations on the bitcoin price ,and where it had achieve some years late,and we still the new wealthy elite as title says
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MoonShadow
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Merit: 1007
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July 23, 2015, 07:24:25 AM |
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sorry for a little bit off topic question, but how a guest can write on this forum? the 1st post was posted by an anonymous poster that was guest am i getting something wrong?
He wasn't a guest, he was Atlas, a fairly infamous troll who got permanently banned. I suppose he really earned the lifetime ban: Has there been even 10 perma-bans in forum history? Five? On this forum, I'm pretty sure just the one. |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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Jhacker
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July 23, 2015, 07:36:32 AM |
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http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months. The world just isn't going to be the same and we have been blessed as the pioneers. What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop? Long term, maybe. Where are the ads on TV advertising smartphone bitcoin wallets? Where are the armies of sales teams spreading it to merchants? Where are the large scale buys of bitcoin by banks, hedge funds, VC, and other institutions, driving the price sky high? The ability to do all this is there, but for some reason the wheels are not turning. |
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errornone
Member
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Activity: 98
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July 23, 2015, 08:40:28 AM |
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http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months. The world just isn't going to be the same and we have been blessed as the pioneers. What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop? Long term, maybe. Where are the ads on TV advertising smartphone bitcoin wallets? Where are the armies of sales teams spreading it to merchants? Where are the large scale buys of bitcoin by banks, hedge funds, VC, and other institutions, driving the price sky high? The ability to do all this is there, but for some reason the wheels are not turning. because you cant do nothing with bitcoin that you cant already do with fiat currency. this is the real and hard true. |
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I E
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💎 💎 💎 💎 💎
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July 23, 2015, 08:42:36 AM |
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We should be happy that we are familiar with this technology.
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Let me know if you want to earn BTC.
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GrandmaJean
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July 23, 2015, 08:44:11 AM |
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We should be happy that we are familiar with this technology.
if it turns to a new way of people getting money and paying then yes, but if it will turn to nonsence at the end a lot of people then waste their time on this forum and on whole bitcoin mining |
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LiteCoinGuy
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In Satoshi I Trust
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July 23, 2015, 09:05:39 AM |
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Long term, maybe. Where are the ads on TV advertising smartphone bitcoin wallets? Where are the armies of sales teams spreading it to merchants? Where are the large scale buys of bitcoin by banks, hedge funds, VC, and other institutions, driving the price sky high? The ability to do all this is there, but for some reason the wheels are not turning. because you cant do nothing with bitcoin that you cant already do with fiat currency. this is the real and hard true.  start here: https://www.youtube.com/watch?v=O0oDDIy0P2s |
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errornone
Member
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Activity: 98
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error
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July 23, 2015, 10:29:20 AM |
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Long term, maybe. Where are the ads on TV advertising smartphone bitcoin wallets? Where are the armies of sales teams spreading it to merchants? Where are the large scale buys of bitcoin by banks, hedge funds, VC, and other institutions, driving the price sky high? The ability to do all this is there, but for some reason the wheels are not turning. because you cant do nothing with bitcoin that you cant already do with fiat currency. this is the real and hard true. start here: https://www.youtube.com/watch?v=O0oDDIy0P2sgive me plausible arguments instead of giving me youtube videos. please, list things that bitcoin can do and fiat currency dont! |
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Mickeyb
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July 23, 2015, 11:00:13 AM |
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This is an unbelievable thread. Many times I am coming back here and thinking why I wasn't on it in 2011 when the first post was made to get into this game when the others did.  Oh well, I guess this is just a life, regreting daily nevertheless!! |
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acquafredda
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Merit: 1481
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July 23, 2015, 11:01:53 AM |
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This is an unbelievable thread. Many times I am coming back here and thinking why I wasn't on it in 2011 when the first post was made to get into this game when the others did. Oh well, I guess this is just a life, regreting daily nevertheless!! You're quite right my friend. No regrets, we're still in! Our time is here We know how it works now: time will tell. |
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