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Vladimir (OP)
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March 28, 2013, 10:20:47 AM
Last edit: November 21, 2013, 06:22:33 PM by Vladimir
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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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the founder
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March 28, 2013, 10:24:51 AM
 #2

honestly the headline is true,  (not the video, the headline) .

We shouldn't be buying bitcoins,  we should be earning them.


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March 28, 2013, 11:00:57 AM
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Someone save that video for the generations of the future as an excercise to recognize black swans.
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March 28, 2013, 12:41:06 PM
Last edit: March 28, 2013, 12:55:02 PM by batcoin
 #4

Were comments always disabled for that video or is this a more recent development?

I suppose the upside of having fiat over Bitcoin is that fiat can be used for ass wiping. Why one would want to contaminate their ass in such a way is beyond me.

If you have more than 0.01BTC and complain about early adopters, please consider donating to this address: 1P11Dz4mhDcJvetHqEJu35KNEVqSRmqo3b
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franky1
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March 28, 2013, 01:03:37 PM
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you will always find that those that want to keep coins cheap for a while will tell you not to buy, or infact try to tell you to sell so they can buy in cheap themselves.

precious metal guys will also say that bitcoins are the devil because unlike 30 years ago when the only alternative to fiat hoarding was precious metal. which helped the precious metal hoarders know there would always be a future demand. suddenly now realise that not everyone will be converting to precious metals, making their heavy hoards less desired and demanded. and obviously less valued in the long term.

so you will always get many people saying why not to buy bitcoin.

take this guy. his first video was hating bitcoin because he is a precious metal hoarder and has no desire to ever buy bitcoin
http://www.youtube.com/watch?v=vRnP2Vj7ppw

take his own quote as gospel "never take anyones word as gospel, especially those who own it and sell it" so that alone is a reason not to favour silver over bitcoin. as he wants you to desire his silver more. and for a precious metal lover he seems to have looked quite deep into something thats not a threat to his metal hoard.

he goes on about how he has no emotions towards bitcoins. yet then makes a dozen more videos about bitcoin. i do not fear termites eating into my home, it is possible to happen. but i would not get emotional enough to make several videos and researching something that i think i wont want in my home.

couple weeks later.. he now has bitcoin and has confidence in bitcoin, but now wants to scare people about the alt currency litecoin.
http://www.youtube.com/watch?v=JI2LVH4JfV0

the lesson to learn is those shouting propaganda have a hidden reason

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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March 28, 2013, 01:21:49 PM
 #6

yes, VI's (vested interests) are all around us, gotta exercise your critical thinking faculties.




Exercise them regularly so that your awareness of manipulation becomes second nature.  Then you can more confidently sail the bitcoin seas.

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March 28, 2013, 01:59:11 PM
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One of the best parts about the price continuing upwards is that, finally, the idiots who are at least self-aware enough to be embarrassed start to shut the hell up.
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March 28, 2013, 02:04:42 PM
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lets not forget this guy: www.downside.com

good judgment comes from experience, and experience comes from bad judgment
Herodes
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March 28, 2013, 02:05:51 PM
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This should be moved to speculation, and Vladimir should be given a 14 day vacation for using this forum as his private playgrind.
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March 28, 2013, 02:20:30 PM
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what a clown
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March 28, 2013, 02:52:52 PM
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honestly the headline is true,  (not the video, the headline) .

We shouldn't be buying bitcoins,  we should be earning them.

Earning Bitcoins? Think about all the price spikes, Ponzis, leverage parties and drama we'd be missing out on then! Bitcoin would actually be a normal economy! Unheard of! Shocked
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