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Author Topic: You damn fools - it'll never work.  (Read 1354 times)
LiteCoinGuy (OP)
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October 26, 2015, 03:43:56 PM
 #1


Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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OmegaStarScream
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October 26, 2015, 03:57:35 PM
 #2

Haha , I have to admit that you did pretty good work on collecting all those quotes (If it's you) , you may wanna try Reddit that you will get shitload of up-votes .
The point is , we will go to the moon either they like or not .

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pilscoop
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October 26, 2015, 04:00:03 PM
 #3

As with any new technology, there will be doubt, distrust and lack of general interest. I believe bitcoin is here to stay, don't listen to the naysayers.
Nice compilation there OP
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October 26, 2015, 04:02:24 PM
 #4

Haha , I have to admit that you did pretty good work on collecting all those quotes (If it's you) , you may wanna try Reddit that you will get shitload of up-votes .
The point is , we will go to the moon either they like or not .
He, indeed, copied it from reddit...

https://www.reddit.com/r/Bitcoin/comments/3q8qd5/you_damn_fools_itll_never_work/

Below is the most upvoted statement from reddit against this post...

Quote
The fact that some geniuses were laughed at does not imply that all who are laughed at are geniuses. They laughed at Columbus, they laughed at Fulton, they laughed at the Wright brothers. But they also laughed at Bozo the Clown.
-- Carl Sagan.

7788bitcoin
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October 26, 2015, 04:45:02 PM
 #5

Quote
The fact that some geniuses were laughed at does not imply that all who are laughed at are geniuses. They laughed at Columbus, they laughed at Fulton, they laughed at the Wright brothers. But they also laughed at Bozo the Clown.
-- Carl Sagan.
[/quote]

Agree. I think these were a few examples that people laughed at something which eventually became successful. However, there are also other examples that were proven to be foolish and stupid ideas... time will tell.
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October 26, 2015, 04:47:31 PM
 #6

Pretty damn legit. People think we're crazy since they don't really know what's behind bitcoin and they do not want to take the time to do so.

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October 26, 2015, 04:53:06 PM
 #7

Warren Buffet will go down in history as one of the best investors out there that got the last big prediction really wrong. Can't blame him tho, he is old as a dinosaur and has no idea how Bitcoin works. He should stick to more traditional stocks where he does great, but leave technology to people that has a clue about it.
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October 26, 2015, 04:55:00 PM
 #8

Good "meme", could be little more polished, but its good Smiley
viva la Bitcoin
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October 26, 2015, 04:56:42 PM
 #9

Warren Buffet will go down in history as one of the best investors out there that got the last big prediction really wrong. Can't blame him tho, he is old as a dinosaur and has no idea how Bitcoin works. He should stick to more traditional stocks where he does great, but leave technology to people that has a clue about it.

That is his EXACT reason for not touching it actually.  It is wise, don't mess with something you do not understand.
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October 26, 2015, 04:57:26 PM
 #10

bitcoin surely has a bright future and more and more will be interested in it in the future
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October 26, 2015, 04:59:13 PM
 #11

I did not expect Warren Buffet to say something like that. Time for BTC to shine and show what a false statement Buffet made.

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October 26, 2015, 05:13:36 PM
 #12

You can cherry pick quotes to make anyone look like a hero or moron.
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October 26, 2015, 05:23:45 PM
 #13

Warren s gonna eat his own words in less then a year. I really do not understand how such an influential person can be so shortsighted.

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October 26, 2015, 05:29:02 PM
 #14

Warren s gonna eat his own words in less then a year. I really do not understand how such an influential person can be so shortsighted.

Do you think he understands or cares? He'll be dead long before it ever gets rolling properly. As he doesn't invest in any tech at all it stands to reason that BTC would be even less appealing.
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October 26, 2015, 05:33:35 PM
 #15

I'm sure there many more examples like this to be found. Sure I saw some similar ones about the internet and mobile phones. Would be good to add more examples.
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October 26, 2015, 05:47:02 PM
 #16

Haha , I have to admit that you did pretty good work on collecting all those quotes (If it's you) , you may wanna try Reddit that you will get shitload of up-votes .
The point is , we will go to the moon either they like or not .

Actually it was on Reddit 12 hours ago. As for the up-votes, not as much as I'd thought, the pic got only 151.

https://www.reddit.com/r/Bitcoin/comments/3q8qd5/you_damn_fools_itll_never_work/

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October 26, 2015, 05:47:19 PM
 #17

haha you made a pretty good job, with your permission i will take your picture and use it on some social networks Tongue

As with any new technology, there will be doubt, distrust and lack of general interest. I believe bitcoin is here to stay, don't listen to the naysayers.
Nice compilation there OP

shhh don't let others to understand it yet,that way we will get more time collect more bitcoins Tongue

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October 26, 2015, 07:31:56 PM
 #18

if they were directly in charge of bitcoin, or more appassionate about the technology they are bashing, and not against it because they were idolize the opposite of it

then they would have a completely different statment about the matter, in other words this worlds is full of haters no-sense nothing new
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October 26, 2015, 08:09:31 PM
 #19

I am very impressed at how far bitcoin has gone so far. I thought it was pure BS when I heard about it in 2011.

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October 26, 2015, 08:20:09 PM
 #20

He was right to a certain extent, but he failed to realize that comparing bitcoin to checks isn't valid, since bitcoin is limited in it's number.
If there were magical checks that complete transfer of money as fast as bitcoin, and if they were capped at 21 million as well, they as well would have value to them.
This W.B. has no logical thinking to his head, i'm surprised he even achieved anything in his life.
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