Bitcoin Forum
December 03, 2016, 03:45:49 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: Bitcoins is on Yahoo frontpage - Brace for impact people.  (Read 5835 times)
billyjoeallen
Legendary
*
Offline Offline

Activity: 966


Hide your women


View Profile WWW
June 11, 2011, 05:34:47 AM
 #21

The article is a retread, but it's timing and placement are suspicious.  Somebody with money and influence wants to get in cheap and is shaking out the weak hands. You can see this in the commodities markets all the time, most recently with silver.

We need to be thinking long-term and big picture.  It could easily get worse before it gets better.

I think a breakdown to 18-19 is terribly reasonable and probably healthy.

I agree. I won't get really worried until it drops below $16.  The part that's going to suck is the loooong wait to retest the highs. Silver still hasn't done it yet and probably won't until QE3 is announced.

insert coin here:
1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc

Open an exchange account at CampBX: options, lowest commissions, and best security
https://campbx.com/register.php?r=0Y7YxohTV0B
1480779949
Hero Member
*
Offline Offline

Posts: 1480779949

View Profile Personal Message (Offline)

Ignore
1480779949
Reply with quote  #2

1480779949
Report to moderator
1480779949
Hero Member
*
Offline Offline

Posts: 1480779949

View Profile Personal Message (Offline)

Ignore
1480779949
Reply with quote  #2

1480779949
Report to moderator
1480779949
Hero Member
*
Offline Offline

Posts: 1480779949

View Profile Personal Message (Offline)

Ignore
1480779949
Reply with quote  #2

1480779949
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480779949
Hero Member
*
Offline Offline

Posts: 1480779949

View Profile Personal Message (Offline)

Ignore
1480779949
Reply with quote  #2

1480779949
Report to moderator
1480779949
Hero Member
*
Offline Offline

Posts: 1480779949

View Profile Personal Message (Offline)

Ignore
1480779949
Reply with quote  #2

1480779949
Report to moderator
hawks5999
Full Member
***
Offline Offline

Activity: 168



View Profile WWW
June 11, 2011, 06:25:23 AM
 #22

I agree. I won't get really worried until it drops below $16.  The part that's going to suck is the loooong wait to retest the highs. Silver still hasn't done it yet and probably won't until QE3 is announced.

WTH will QE3 do to BTC? I've been thinking in PMs for so long, but I have to think that QE3 will drive up the US$ cost for BTC.

■ ▄▄▄
■ ███
■ ■  ■               
LEDGER  WALLET    ████
■■■ ORDER NOW! ■■■
              LEDGER WALLET
Smartcard security for your BTCitcoins
■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
Decentralized. Open. Secure.
Synaptic
Member
**
Offline Offline

Activity: 84


View Profile
June 11, 2011, 07:54:58 AM
 #23

I warn you . . . the quote I'm about to post may cause you indescribable rage. You may suddenly feel the urge to punch small children or kick puppies. If symptoms persist please consult your doctor.
Quote
...and if there is no central "bank" how do you suppose anyone can tell a real Bitcoin from a forgery?! And when "Super Bitcoins" come along, will they be worth more or less than the old ones?? hmmmm... I think I need to start a new website - ha ha ha - after all, the printer of the money, real or not, gets full value for his wares...

Why does this make you rage?  Why should this make any of us rage?

This is exactly the kind of person we want using bitcoin, and what we see is that they simply don't understand it.

That's not a failure of the individual making the comment (who is likely over 40 and a casual computer user), it's the failure of bitcoin.

There is so much fucking hubris here about the "PLEBES WHO DON'T UNDERSTAND HAR HAR," but don't you fucking get it?  These plebes are the only variable that matters for the long term sustainability of bitcoins as a legitimate method of exchange or store of value.

Unless you're happy jerking your pud about printing money for nothing with the rest of your "I just happened to have some powerful cards cause I'm a gamer" and "I'm getting rich cause I print money, BUY MORE CARDS, RALLY" and "This is the way of the future guys, really, I know it" bretheren, then you better hope to the fucking bitcoin god that someone more mature and a better man than you are out there trying to POLITELY educate people who don't understand it.
Montpelerin
Newbie
*
Offline Offline

Activity: 16


View Profile
June 11, 2011, 08:04:41 AM
 #24

The Bitcoin Triples Again

by Jack Hough
Friday, June 10, 2011

The online currency has minted off-line millionaires. But for how long?

Really?...Really???
Synaptic
Member
**
Offline Offline

Activity: 84


View Profile
June 11, 2011, 08:13:15 AM
 #25

The Bitcoin Triples Again

by Jack Hough
Friday, June 10, 2011

The online currency has minted off-line millionaires. But for how long?

Really?...Really???

^^ see what I mean about the hubris?

Anyone here who doesn't understand that this article was just some entry level journalist's weekend piece please raise your hand for an explanation. Pro-tip: Most of you should be raising your hands right now.

This isn't some popular, respected columnist's article.  It's a backwater effort of a dying, and aging demographic's news site.

Get a grip everyone.  Not everyone with a job in journalism is there to represent your obsession with 100% accuracy or insight...
herzmeister
Legendary
*
Offline Offline

Activity: 1764



View Profile WWW
June 11, 2011, 11:43:17 AM
 #26

That's not a failure of the individual making the comment (who is likely over 40 and a casual computer user), it's the failure of bitcoin.

I'm afraid the generation of people who still print out every eMail they get and every website they occasionally visit will be very hard to make understand, let alone to make accept and use P2P currency. I'm afraid we'll have to wait until they have become extinct.  Embarrassed


https://localbitcoins.com/?ch=80k | BTC: 1LJvmd1iLi199eY7EVKtNQRW3LqZi8ZmmB
Synaptic
Member
**
Offline Offline

Activity: 84


View Profile
June 11, 2011, 11:55:21 AM
 #27

That's not a failure of the individual making the comment (who is likely over 40 and a casual computer user), it's the failure of bitcoin.

I'm afraid the generation of people who still print out every eMail they get and every website they occasionally visit will be very hard to make understand, let alone to make accept and use P2P currency. I'm afraid we'll have to wait until they have become extinct.  Embarrassed



Which is exactly why $30+/BTC is absolutely hilarious speculative chutzpah...
MiningBuddy
Staff
Legendary
*
Offline Offline

Activity: 1058


฿itcoin ฿itcoin ฿itcoin


View Profile
June 11, 2011, 11:57:04 AM
 #28

I warn you . . . the quote I'm about to post may cause you indescribable rage. You may suddenly feel the urge to punch small children or kick puppies. If symptoms persist please consult your doctor.
Quote
...and if there is no central "bank" how do you suppose anyone can tell a real Bitcoin from a forgery?! And when "Super Bitcoins" come along, will they be worth more or less than the old ones?? hmmmm... I think I need to start a new website - ha ha ha - after all, the printer of the money, real or not, gets full value for his wares...

Why does this make you rage?  Why should this make any of us rage?

This is exactly the kind of person we want using bitcoin, and what we see is that they simply don't understand it.

That's not a failure of the individual making the comment (who is likely over 40 and a casual computer user), it's the failure of bitcoin.

There is so much fucking hubris here about the "PLEBES WHO DON'T UNDERSTAND HAR HAR," but don't you fucking get it?  These plebes are the only variable that matters for the long term sustainability of bitcoins as a legitimate method of exchange or store of value.

Unless you're happy jerking your pud about printing money for nothing with the rest of your "I just happened to have some powerful cards cause I'm a gamer" and "I'm getting rich cause I print money, BUY MORE CARDS, RALLY" and "This is the way of the future guys, really, I know it" bretheren, then you better hope to the fucking bitcoin god that someone more mature and a better man than you are out there trying to POLITELY educate people who don't understand it.
Thank you Synaptic, this has actually made me sit back and think about things in a different light. I'm sure others can learn from this.

Dansker
Hero Member
*****
Offline Offline

Activity: 740


Hello world!


View Profile
June 11, 2011, 12:06:58 PM
 #29

Other golden comment highlights:

"oney other than Gold or Silver is insanity!!! Would you rather have a pound of Gold or a pound of paper??? Virtual money.... are you kidding me?!? What's next.... virtual food, air, water?"

"it is a crime to counterfit money and a crime to use the barter system in this country CAREFUL folks"

"Virtual money?Isnt that like trying to use monopoly money?"

niemivh
Full Member
***
Offline Offline

Activity: 196



View Profile
June 11, 2011, 11:50:54 PM
 #30

Don't read the comments on the Yahoo article unless you want to rage so hard. Well... unless you want to play a drinking game where you drink every time some one mentions ponzi, beanie babies, or tulips.

http://finance.yahoo.com/banking-budgeting/article/112907/bitcoin-triples-again-smartmoney

LOL, no kidding.  I made the mistake of reading the first 3 comments and these people love that their slave-dollars have many of the negative aspects of BTC without the good.

I'll keep my politics out of your economics if you keep your economics out of my politics.

16LdMA6pCgq9ULrstHmiwwwbGe1BJQyDqr
SlaveInDebt
Hero Member
*****
Offline Offline

Activity: 702


Your Minion


View Profile
June 12, 2011, 12:15:20 AM
 #31


"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!