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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 631771 times)
lyth0s
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July 23, 2015, 11:02:52 AM
 #2861

http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

...
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.


 Cheesy

start here:

https://www.youtube.com/watch?v=O0oDDIy0P2s



give me plausible arguments instead of giving me youtube videos.

please, list things that bitcoin can do and fiat currency dont!

1. Smart contracts.
2. Multisig spending that cannot be backdoored.
3. Immutable ledger

The list goes on. With time we will find super cool ways to apply programmable money with technology.

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errornone
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error


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July 23, 2015, 11:26:09 AM
 #2862

http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

...
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.


 Cheesy

start here:

https://www.youtube.com/watch?v=O0oDDIy0P2s



give me plausible arguments instead of giving me youtube videos.

please, list things that bitcoin can do and fiat currency dont!

1. Smart contracts.
2. Multisig spending that cannot be backdoored.
3. Immutable ledger

The list goes on. With time we will find super cool ways to apply programmable money with technology.

99,9% of people in world dont know wtf that 3 things are! Only corporates are interested in that features and corporates arent interested in bitcoin...

And also, you can multisig in fiat currency; you can do smart contracts too.
The immutable ledger can be a disadvantage too! You cant null one mistake or a swindle.

error
Derrike
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July 23, 2015, 11:52:52 AM
 #2863

Not now but when I'll be having some then yes I'll also be a wealthy elite gentleman.
Mickeyb
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Move On !!!!!!


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July 23, 2015, 11:54:31 AM
 #2864

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. Smiley

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.

Yes my friend, honestly this is a big positive in this situation, that all of this crypto world is very young and the best is still coming. Lol
LiteCoinGuy
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July 23, 2015, 02:08:17 PM
 #2865

http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

...
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.


 Cheesy

start here:

https://www.youtube.com/watch?v=O0oDDIy0P2s



give me plausible arguments instead of giving me youtube videos.

please, list things that bitcoin can do and fiat currency dont!

1. Smart contracts.
2. Multisig spending that cannot be backdoored.
3. Immutable ledger

The list goes on. With time we will find super cool ways to apply programmable money with technology.

99,9% of people in world dont know wtf that 3 things are! Only corporates are interested in that features and corporates arent interested in bitcoin...

And also, you can multisig in fiat currency; you can do smart contracts too.
The immutable ledger can be a disadvantage too! You cant null one mistake or a swindle.

you have to read more about it and find out. you are already here, good first step  Smiley

i end with a quote:

"If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry."


TeamButtcoin
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July 23, 2015, 02:15:20 PM
 #2866


99,9% of people in world dont know wtf that 3 things are! Only corporates are interested in that features and corporates arent interested in bitcoin...

And also, you can multisig in fiat currency; you can do smart contracts too.
The immutable ledger can be a disadvantage too! You cant null one mistake or a swindle.

you have to read more about it and find out. you are already here, good first step  Smiley

i end with a quote:

"If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry."



Yeah, uh, that's bullshit and errornone is right. Immutability is far more often a flaw than a feature, multi-party control of escrow/whatever for fiat exists, and 'smart contracts' have only existed in the fiat world for decades

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Quote
LiteCoinGuy
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July 23, 2015, 02:16:50 PM
 #2867

-> TeamButtcoin  Smiley

zeraTunerse
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July 23, 2015, 03:28:38 PM
 #2868

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. Smiley

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.

Yes my friend, honestly this is a big positive in this situation, that all of this crypto world is very young and the best is still coming. Lol

Yeah this is just an beginning, still a long way to go, and that also in the positive direction with a positive thinking that one day we would reach a sky limit with the bitcoins where you gonna be super rich even if you hold 1 or 2 BTC.
Elwar
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July 23, 2015, 04:01:55 PM
 #2869

because you cant do nothing with bitcoin that you cant already do with fiat currency. this is the real and hard true.

You can make a phone call by going to a website and paying in bitcoins without signing up.

You can send money worldwide for less than pennies.

You can use your cell phone to pay for things instead of carrying around a phone AND a wallet.

You don't have to worry about identity theft with your cards.

You can vote anonymously and securely.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
BillyBobZorton
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July 23, 2015, 04:03:39 PM
 #2870

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.

You are insane. Just the fact you can send millions, OR a cent, all over the world, instantly, without failure (backed by the biggest network on the planet) puts this thing into double figure billion marketcap already. Think about the billions of unbanked people out there. People like you fail to get the big picture, and those are the ones that will indeed remain poor, because you'll sell way too early, or sell at all. A true holder never sells.
errornone
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error


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July 23, 2015, 04:34:32 PM
 #2871

because you cant do nothing with bitcoin that you cant already do with fiat currency. this is the real and hard true.

You can make a phone call by going to a website and paying in bitcoins without signing up.

You can send money worldwide for less than pennies.

You can use your cell phone to pay for things instead of carrying around a phone AND a wallet.

You don't have to worry about identity theft with your cards.

You can vote anonymously and securely.

Why you would want to pay without sign up? You will have to provide your address and your name or you wont receive the package that you are buying...

I can now send money worldwide for pennies with my bank.

Pay things with cellphone? I already do that for months!!! Apple pay, android nfc, qr codes...

I dont worry about identity thefts because i know how to surf the web and i have a service that provides me digital credit cards for single purchases online. 1 new card for each purchase with the exact limit for that purchase. So no worries here too.

Vote anonymously? Lol, you already vote anonymously... Votes must be anonymously or they arent votes...

Like i said, you cant do nothing that matters with bitcoin that you cant already do with fiat currency. That's why nobody is talking about it anymore. Only here because people here wants to be rich without hard work... Sorry that wont happen.

error
foodstamps
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July 23, 2015, 04:39:15 PM
 #2872



--snip--
Like i said, you cant do nothing that matters with bitcoin that you cant already do with fiat currency. That's why nobody is talking about it anymore. Only here because people here wants to be rich without hard work... Sorry that wont happen.


I can buy exotic drugs from all over the world from the comfort of my own home.............if i wanted to that is

errornone
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error


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July 23, 2015, 04:40:30 PM
 #2873

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.

You are insane. Just the fact you can send millions, OR a cent, all over the world, instantly, without failure (backed by the biggest network on the planet) puts this thing into double figure billion marketcap already. Think about the billions of unbanked people out there. People like you fail to get the big picture, and those are the ones that will indeed remain poor, because you'll sell way too early, or sell at all. A true holder never sells.

Without failure? I never had a failure payment with my bank, why in hell that is an advantage? Banks do that too, and you dont need to wait for confirmations.

Billions of unbanked people with internet and cellphones and banks to buy bitcoins... Lol right!

Maybe the poor here isnt me.. You dont know me, i dont know you. The only thing i know is that here are MANY people that want to be rich without hard work.. Sorry mate, that wont happen

error
errornone
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error


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July 23, 2015, 04:43:07 PM
 #2874



--snip--
Like i said, you cant do nothing that matters with bitcoin that you cant already do with fiat currency. That's why nobody is talking about it anymore. Only here because people here wants to be rich without hard work... Sorry that wont happen.


I can buy exotic drugs from all over the world from the comfort of my own home.............if i wanted to that is



Here we go to the criminal scene... Illegal things, is that what bitcoin is? I think you are agreeing with me when you say that.

And you can make transactions with fiat currency too! I can send you 50€ with my bank and nobody needs to know it is for drugs...

error
foodstamps
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July 23, 2015, 04:45:51 PM
 #2875



--snip--
Like i said, you cant do nothing that matters with bitcoin that you cant already do with fiat currency. That's why nobody is talking about it anymore. Only here because people here wants to be rich without hard work... Sorry that wont happen.


I can buy exotic drugs from all over the world from the comfort of my own home.............if i wanted to that is



Here we go to the criminal scene... Illegal things, is that what bitcoin is? I think you are agreeing with me when you say that.

And you can make transactions with fiat currency too! I can send you 50€ with my bank and nobody needs to know it is for drugs...


You are not going to agree with anything anyone says based on your post history....So no sense to argue with you.
jubalix
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July 24, 2015, 01:22:50 AM
 #2876

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.
a


because you cant do nothing with bitcoin that you cant already do with fiat currency. this is the real and hard true.

You are insane. Just the fact you can send millions, OR a cent, all over the world, instantly, without failure (backed by the biggest network on the planet) puts this thing into double figure billion marketcap already. Think about the billions of unbanked people out there. People like you fail to get the big picture, and those are the ones that will indeed remain poor, because you'll sell way too early, or sell at all. A true holder never sells.

Without failure? I never had a failure payment with my bank, why in hell that is an advantage? Banks do that too, and you dont need to wait for confirmations.

Billions of unbanked people with internet and cellphones and banks to buy bitcoins... Lol right!

Maybe the poor here isnt me.. You dont know me, i dont know you. The only thing i know is that here are MANY people that want to be rich without hard work.. Sorry mate, that wont happen

A major use of BTC is perhaps against QE and similar strategies that Govts are wedded to do forever.

Fiat as it is used now is a mechanism to strip mine wealth.

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
Arriemoller
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July 24, 2015, 03:38:28 AM
 #2877

Don't feed the troll.

I would like to see him try to pay for something from a site in, for example, Iran with his bank card. like these fine hand made shoes. http://persianshoes.com/
And the unbanked in Africa is not without means to buy bitcoin, they just do it with their cell phones instead, and Bill and Melinda Gates is helping integrate the technology into Africa’s mobile payment system.
https://bitcoinmagazine.com/21234/african-bitcoin-startup-wins-bill-melinda-gates-foundation-grant-launches-blockchain-event-series-nairobi/

Demokrati: Två vargar och ett lamm röstar om lunchmenyn.      Democracy: Two wolfes and a lamb votes about the lunch menu.
Frihet: Ett väl beväpnat lamm opponerar sig mot omröstningen.  Freedom: A well armed lamb opposes the outcome.
HCLivess
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July 24, 2015, 10:41:36 AM
 #2878

So, what's next? 100 000?

notbatman
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July 24, 2015, 10:45:20 AM
 #2879

Such troll, much anger.
g1974ak
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July 24, 2015, 10:52:37 AM
 #2880


What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?

That depends how much bitcoins I will have. If I will have the amount I have actually (very few) I will change them all because of the fear that the price will go down again and then will send the money at the bank to save for other purposes in the future (like to pay the fee's for the college of my daughters).
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