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Nightowlace
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February 19, 2015, 01:55:50 PM |
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Bitcoin all over CNN right now.
"But it's not backed by anything, it's not like it's backed by gold like the dollar (USD)"
Ummmm since when has the dollar been backed by gold?
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NotLambchop
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February 19, 2015, 01:55:55 PM |
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...[JorgeStolfi ] actually posts good stuff with good arguments... ...and that's his greatest fail. A shrewd educator doesn't reason with lab animals. Powerful electrical shock is the sole & uniquely effective approach to Bitcoiner education. This maxim was scientifically proven by Messrs Pavlov, NotLambchop, et al.  |
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Nightowlace
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February 19, 2015, 01:57:52 PM |
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Bitcoin all over CNN right now.
"But it's not backed by anything, it's not like it's backed by gold like the dollar (USD)"
Ummmm since when has the dollar been backed by gold?
Wasn't it the early 70s? Before most of us were born? |
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ChartBuddy
Legendary
 Offline
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 19, 2015, 01:59:37 PM |
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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February 19, 2015, 02:11:13 PM |
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Bitcoin all over CNN right now.
"But it's not backed by anything, it's not like it's backed by gold like the dollar (USD)"
Ummmm since when has the dollar been backed by gold?
Wasn't it the early 70s? Before most of us were born? The U.S. left the pseudo-gold standard known as "the Bretton Woods Accord" in 1971. The dollar was made non-redeemable in gold to U.S. citizens in the 1930s by President F.D. Roosevelt. |
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ssmc2
Legendary
Offline
Activity: 2002
Merit: 1040
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February 19, 2015, 02:19:39 PM |
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Bitcoin all over CNN right now.
"But it's not backed by anything, it's not like it's backed by gold like the dollar (USD)"
Ummmm since when has the dollar been backed by gold?
Haha yeah just saw that myself. You'd be surprised how many of the general US public are under that assumption. |
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aztecminer
Legendary
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Activity: 1092
Merit: 1000
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February 19, 2015, 02:25:46 PM |
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Bitcoin all over CNN right now.
"But it's not backed by anything, it's not like it's backed by gold like the dollar (USD)"
Ummmm since when has the dollar been backed by gold?
in gold we trust .. |
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BrewCrewFan
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February 19, 2015, 02:32:45 PM |
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Bitcoin all over CNN right now.
"But it's not backed by anything, it's not like it's backed by gold like the dollar (USD)"
Ummmm since when has the dollar been backed by gold?
Its CNN, the water carrier of big government. I take what they say there as a grain of salt. |
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BrewCrewFan
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February 19, 2015, 02:33:47 PM |
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Bitcoin all over CNN right now.
"But it's not backed by anything, it's not like it's backed by gold like the dollar (USD)"
Ummmm since when has the dollar been backed by gold?
Haha yeah just saw that myself. You'd be surprised how many of the general US public are under that assumption. 1/3 of the us population when surveyed thinks the sun rotates around the earth... that right there will show you how much the knowledge of the population in the US has declined. |
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bad trader
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February 19, 2015, 02:36:53 PM |
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The tradebots have been defending their trend line. Will they switch to dump mode soon?  |
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NotLambchop
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February 19, 2015, 02:45:17 PM |
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"Bitcoin is backed by the inherent stupidity of those who are dumb enough to take it seriously"--Satoshi Nakamoto, The Bitcoin Whitepower Paper.
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ChuckBuck
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February 19, 2015, 02:48:48 PM |
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"Bitcoin is backed by the inherent stupidity of those who are dumb enough to take it seriously"--Satoshi Nakamoto, The Bitcoin Whitepower Paper.
That devil Satoshi, I knew he was pulling all of our legs!  That's it, I give up, selling all my 300 BTC shortly...  |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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February 19, 2015, 02:53:48 PM |
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Shorts going up are bullish or bearish?
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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February 19, 2015, 02:56:39 PM |
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CNN is promoting the Morgan Spurlock feature that airs tonight. The "Supersize Me" guy who tried to live on McDonald's food is attempting to live on bitcoin.
I think this is a good thing. There is no such thing as bad publicity. The worst crime is not being infamous. The worst crime is being irrelevant.
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ChartBuddy
Legendary
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Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 19, 2015, 02:59:38 PM |
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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February 19, 2015, 03:00:11 PM |
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Shorts going up are bullish or bearish?
Bullish. Big money and people like me following them are waiting for ~25K shorts before we crank up the big pumps for a squeeze to $350. |
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NotLambchop
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February 19, 2015, 03:04:59 PM |
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Shorts going up are bullish or bearish?
Bullish. Big money and people like me following them are waiting for ~25K shorts before we crank up the big pumps for a squeeze to $350. Please no! I'm scared   |
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YourMother
Legendary
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Activity: 1281
Merit: 1046
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February 19, 2015, 03:08:29 PM |
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...[JorgeStolfi ] actually posts good stuff with good arguments... ...and that's his greatest fail. A shrewd educator doesn't reason with lab animals. Powerful electrical shock is the sole & uniquely effective approach to Bitcoiner education. This maxim was scientifically proven by Messrs Pavlov, NotLambchop, et al. This is how i will feed my broke bitcoiners when this pyramid scam invented by an invisible japanese troll that premined 1 million tokens will collapse to ground zero.  |
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empowering
Legendary
Offline
Activity: 1078
Merit: 1441
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February 19, 2015, 03:09:25 PM |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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February 19, 2015, 03:11:44 PM |
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Shorts going up are bullish or bearish?
Bullish. Big money and people like me following them are waiting for ~25K shorts before we crank up the big pumps for a squeeze to $350. Please no! I'm scared It doesn't matter if you are scared. It matters if you are leveraged. |
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