ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 12, 2014, 01:03:01 PM |
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Done with Gox Explanation
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Mad Scientist
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February 12, 2014, 01:18:59 PM |
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I'm beginning to doubt this whole thing. Bitcoin isn't anonymous and is actually more traceable than cash, it is actually run by a secretive central core of developers instead of being decentralised, has massive security issues instead of being rock solid technology. It was never meant anonymous. Bankers can't "QE Infinity" Bitcoin out of all it's value, that's a good thing. Software Programs continually have updates to improve performance and plug Security holes, does that make you lose faith and stop using them? No.
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YoYa
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February 12, 2014, 01:30:54 PM |
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I'm beginning to doubt this whole thing. Bitcoin isn't anonymous and is actually more traceable than cash, it is actually run by a secretive central core of developers instead of being decentralised, has massive security issues instead of being rock solid technology.
Actually everything I thought when I first bought in turns out to be 'not quite right'.
Anyone else feeling a little bit cheated? I want to keep the faith but wondering if there are better things I could be putting my money into (tesla for example).
The Bitcoin cultists and self-deluded shills under influence of bitcrack have deceived you, now time to embrace reality and realize that even with those (contemporary?) flaws, Bitcoin is still the first and currently largest decentralized digital and limited/scarce asset with 0 counterparty risk. So wait, you're telling me this super risky technology that I don't understand won't make me rich overnight?!? I'VE BEEN RIPPED OFF!!!
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stompix
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Activity: 3052
Merit: 6624
Leading Crypto Sports Betting & Casino Platform
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February 12, 2014, 01:37:15 PM |
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I'm not sure If you guys are now trolling me pretending you don't understand contrarian indicators and sarcasm. Well , trolling is a risky business , and especially in this thread even mods might forget if they troll or are the ones being trolled.
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stompix
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Activity: 3052
Merit: 6624
Leading Crypto Sports Betting & Casino Platform
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February 12, 2014, 01:38:47 PM |
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I'm beginning to doubt this whole thing. Bitcoin isn't anonymous and is actually more traceable than cash, it is actually run by a secretive central core of developers instead of being decentralised, has massive security issues instead of being rock solid technology.
Actually everything I thought when I first bought in turns out to be 'not quite right'.
Anyone else feeling a little bit cheated? I want to keep the faith but wondering if there are better things I could be putting my money into (tesla for example).
The Bitcoin cultists and self-deluded shills under influence of bitcrack have deceived you, now time to embrace reality and realize that even with those (contemporary?) flaws, Bitcoin is still the first and currently largest decentralized digital and limited/scarce asset with 0 counterparty risk. So wait, you're telling me this super risky technology that I don't understand won't make me rich overnight?!? I'VE BEEN RIPPED OFF!!! Bitcoin made many of the people here rich , but not overnight , it took 30 to 356 nights or so )))
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empowering
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Activity: 1078
Merit: 1441
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February 12, 2014, 01:39:38 PM |
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I'm beginning to doubt this whole thing. Bitcoin isn't anonymous and is actually more traceable than cash, it is actually run by a secretive central core of developers instead of being decentralised, has massive security issues instead of being rock solid technology.
Actually everything I thought when I first bought in turns out to be 'not quite right'.
Anyone else feeling a little bit cheated? I want to keep the faith but wondering if there are better things I could be putting my money into (tesla for example).
The Bitcoin cultists and self-deluded shills under influence of bitcrack have deceived you, now time to embrace reality and realize that even with those (contemporary?) flaws, Bitcoin is still the first and currently largest decentralized digital and limited/scarce asset with 0 counterparty risk. So wait, you're telling me this super risky technology that I don't understand won't make me rich overnight?!? I'VE BEEN RIPPED OFF!!! Is that actually you in the avatar? are you the guy that makes the youtube videos? EDIT Having just scrolled back through your last posts.. I can answer my own question - no and thank god for that...
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mestar
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February 12, 2014, 01:51:47 PM |
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Guess Bitcoin is not mainstream enough yet On a completely unrelated note, I have not one but two great names for new alts: evernote instapaper
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thezerg
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February 12, 2014, 01:56:09 PM |
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Let me observe to all the newbies and bears that the most likely reason to fund this dust and malleability attack to to buy cheap coins...
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ChartBuddy
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Activity: 2338
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 12, 2014, 02:02:53 PM |
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Done with Gox Explanation
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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February 12, 2014, 02:10:50 PM |
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I'm beginning to doubt this whole thing. Bitcoin isn't anonymous and is actually more traceable than cash, it is actually run by a secretive central core of developers instead of being decentralised, has massive security issues instead of being rock solid technology.
Actually everything I thought when I first bought in turns out to be 'not quite right'.
Anyone else feeling a little bit cheated? I want to keep the faith but wondering if there are better things I could be putting my money into (tesla for example).
This literally made me laugh. Tesla? srsly? Electric cars are no improvement over internal combustion. There's the issue of power density, ya know, batteries- those things that keep catching on fire and exploding in Tesla cars? Invest in tech that makes life better for the user, not for the climate or whatever. That won't make you money. If you want to give every merchant you do business with the keys to your credit account, be my guest. if you think Bitcoin isn't anonymous enough because you're too lazy to figure out how to make it so, sell me your coins. If you need Mommy government, daddy VISA and uncle Paypal to make your life simpler and safer, and you don't mind the fees, the time and the freedom they take, then sell me your coins and go invest in a hot rod golf cart company. "massive issues"? You mean like central monetary planning? charge-backs? the ability for the bank or government to arbitrarily seize your funds on a pretext? Do you have any idea what a clown you're making of yourself?
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KeyserSoze
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February 12, 2014, 02:12:13 PM |
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Fun: Mark made a deal with FBI to sell their coins in regard for info and freedom.
Would be hilarious if he made a deal, U.S. gov sent coins then Mark said, "Sorry, I can't send funds to U.S. and BTC withdrawals have been suspended. But you can keep trading just like normal!"
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Dragonkiller
Sr. Member
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Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
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February 12, 2014, 02:13:55 PM |
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I'm beginning to doubt this whole thing. Bitcoin isn't anonymous and is actually more traceable than cash, it is actually run by a secretive central core of developers instead of being decentralised, has massive security issues instead of being rock solid technology.
Actually everything I thought when I first bought in turns out to be 'not quite right'.
Anyone else feeling a little bit cheated? I want to keep the faith but wondering if there are better things I could be putting my money into (tesla for example).
Do you remember a few months ago when Tesla dropped from $190 to $120? With all the FUD about the fires? 'This is the end!' is what people were screaming at the time. Well, that was actually a great buying opportunity... a couple months later and it's trading at just over $200. The key is to invest when there is maximum pessimism, not the other way round. Getting out of an investment when the price is depressed due to maximum FUD and getting into one with maximum optimism is a massive mistake. It's natural to feel nervous right now watching the price, but fortune favors the brave.
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billyjoeallen
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Activity: 1106
Merit: 1007
Hide your women
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February 12, 2014, 02:14:09 PM |
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There's room for doubt about the existence of the coins on the exchanges we already, if those unscrupulous bastards get involved they'll certainly try to turn it into a fractional reserve system. Screw that, distributed exchanges ftw. Btw, the real target here may be the hashrate, force it low enough and in theory miners should shut down and the whole network slow to a crawl... except it doesn't, both miners and hodlers have a lot more balls than whatever generic investor profile attackers are using, the hashrate keeps building and cheap coins are being scooped up by the thousand.
If that's true, that means there are less actively traded coins on the market than we all think, which means the price is too low. Supply and demand, such a simple concept and so difficult for so many to grasp.
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billyjoeallen
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Hide your women
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February 12, 2014, 02:18:46 PM |
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Fun: Mark made a deal with FBI to sell their coins in regard for info and freedom.
Would be hilarious if he made a deal, U.S. gov sent coins then Mark said, "Sorry, I can't send funds to U.S. and BTC withdrawals have been suspended. But you can keep trading just like normal!" ROTFL! I'd almost forgive him all his buffoonery if he did that.
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UnDerDoG81
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Activity: 2179
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February 12, 2014, 02:20:42 PM |
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I have one question. Bitstamp and BTC-E have the same problems as MTGOX, how come it that Stamp and BTC-E are +150 higher? I would love to buy coins @gox prices from stamp. Also have an big order at around 580 but I dont see it going that much down?!
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seldon
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February 12, 2014, 02:22:41 PM |
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I have one question. Bitstamp and BTC-E have the same problems as MTGOX, how come it that Stamp and BTC-E are +150 higher? I would love to buy coins @gox prices from stamp. Also have an big order at around 580 but I dont see it going that much down?!
I guess it is a matter of trust in the exchanges to fix their stuff... people seem to trust stamp and bte-e more
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cdooer
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February 12, 2014, 02:25:13 PM |
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I have one question. Bitstamp and BTC-E have the same problems as MTGOX, how come it that Stamp and BTC-E are +150 higher? I would love to buy coins @gox prices from stamp. Also have an big order at around 580 but I dont see it going that much down?!
I don't think they're the same problem. Gox was losing coins, the rest weren't.
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billyjoeallen
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Activity: 1106
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Hide your women
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February 12, 2014, 02:28:47 PM |
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I have one question. Bitstamp and BTC-E have the same problems as MTGOX, how come it that Stamp and BTC-E are +150 higher? I would love to buy coins @gox prices from stamp. Also have an big order at around 580 but I dont see it going that much down?!
I don't see it going down that much either, but I never thought it would get as low as it is, so maybe you'll get lucky. Fuck. China, Russia, Shrem, Gox, localbitcoin bust in FL, transaction malleability, flies, locusts, pestilence- this is one tough puppy.
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7thKingdom
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February 12, 2014, 02:31:06 PM |
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I have one question. Bitstamp and BTC-E have the same problems as MTGOX, how come it that Stamp and BTC-E are +150 higher? I would love to buy coins @gox prices from stamp. Also have an big order at around 580 but I dont see it going that much down?!
If you think they're the same problem, I'm sure there are some (or a lot... or all) people on gox who would gladly swap your Stamp/BTC-E bitcoins with their Gox bitcoins and pay you the difference in cash.
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JorgeStolfi
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February 12, 2014, 02:31:09 PM |
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Can't resist, sorry: "Our software did not have the MtGOX bug, we have already removed it, and we are suspending bitcoin withdrawals while we work on it."
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