spooderman
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Activity: 1652
Merit: 1029
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December 11, 2014, 09:07:33 AM |
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A long video to explain that dumping more money into AIG is a bad idea and that this somehow indicates that buying into a falling price of a brilliant technology is a bad idea too.
AIG is not bitcoin you mouth breather. AIG wasn't quite a scam, but it did function as the buffer exploited to death by Goldman Sachs who knowingly sold awful CDOs to retirement funds while betting against them in the derivatives market. Trouble is they bet correctly! So correctly that AIG collapsed instantly the minute the CDOs showed themselves to be the shit that they were.
Never mind they all got bailed out by loads of money printing and socialism for the wealthy continued.
Funnily enough bitcoin is the most direct solution to this once unstoppable scam!
But yeah sell it because other people are selling it and you should always follow trends AIG went down once and died, so bitcoin will do the same.
Jorge on form as usual.
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oda.krell
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December 11, 2014, 09:10:05 AM |
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In that case there's a good chance a vast number of current investors would leave for good, and price would deflate to level that seems laughably low right now... but then what? Others will pick it up from there, as long as there is the confidence that Bitcoin is useful for something after all. Cue the trolls: "It's about as useful as beanie babies or tulips". I don't need to tell you that's just noise. The usefulness of Bitcoin (or crypto in general) is undisputed. What is up for debate is the scale at which it will be used (and, as a consequence, what the valuation of the network should be).
Forgot to respond before, but Beanie Babies are actually more useful than Bitcoins IMO. When I hold Bitcoin, I hide them in my cold wallet, too scared to even consider spending any because of the eternal public paper trail it leaves. It's already scary enough to securely handle cold storage considering all possible attack and data loss vectors, but at the same time, I have to be scared that they tremendously lose value again. At least you can play with Beanie Babies, and some of them actually look nice. Plus, they're already worthless.  Trying to channel Lambchop here, huh? |
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JorgeStolfi
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December 11, 2014, 09:20:25 AM |
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Seems I have touched a nerve. Sorry...
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grappa_barricata
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Activity: 154
Merit: 100
playing pasta and eating mandolinos
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December 11, 2014, 09:26:25 AM |
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spooderman
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December 11, 2014, 09:26:41 AM |
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You been touching my nerve since you got here  It's because you are not stupid, you're wilfully ignorant. But I guess that's how you define trolling. |
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LFC_Bitcoin
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#1 VIP Crypto Casino
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December 11, 2014, 09:46:15 AM |
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At least we seem to have stopped that ridiculous slide in the price.
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fonsie
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December 11, 2014, 09:47:10 AM |
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You been touching my nerve since you got here It's because you are not stupid, you're wilfully ignorant. But I guess that's how you define trolling. Academic interest in bitcoin only. Not owner, not trader, just trolling. |
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simmo77
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December 11, 2014, 09:49:50 AM |
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If you have no opinion why post you troll. Fuck off and do some real work FFS. |
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grappa_barricata
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playing pasta and eating mandolinos
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December 11, 2014, 09:56:14 AM |
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lol @fonsie signature
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 11, 2014, 10:00:45 AM |
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fonsie
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December 11, 2014, 10:01:20 AM |
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JorgeStolfi
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December 11, 2014, 10:06:07 AM |
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Selfie of a troll called Jorge  Technically that is not a selfie, someone else took the photo (on chemical film, still -- was ~20 years ago). |
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fonsie
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December 11, 2014, 10:07:31 AM |
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Selfie of a troll called Jorge Technically that is not a selfie, someone else took the photo (on chemical film, still -- was ~20 years ago). No shit sherlock. I'm just glad you didn't refute the fact of you being a troll. |
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janos666
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December 11, 2014, 10:10:29 AM |
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At least we seem to have stopped that ridiculous slide in the price.
And it stopped my short (open: 370, target: 328, stop: 350 since 340 got hit), I went to sleep right before the re-bounce.  |
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LFC_Bitcoin
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December 11, 2014, 10:17:11 AM |
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At least we seem to have stopped that ridiculous slide in the price.
And it stopped my short (open: 370, target: 328, stop: 350 since 340 got hit), I went to sleep right before the re-bounce. I was going to buy more last night but as we were going down thought I'd wait for 320-330 USD. Now we've stopped going down lol. |
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oda.krell
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Activity: 1470
Merit: 1007
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December 11, 2014, 10:19:01 AM |
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Said it before, I'll say it again: I for one welcome our literate bear trolls, like Jorge or Lambchop.
They're wrong more often than they are right, but they raise a good point once in a while (Jorge) or post something hilarious (Lambchop).
#reacharound #whysmynosebrown
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JimboToronto
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You're never too old to think young.
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December 11, 2014, 10:26:00 AM |
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Quit being so mean. Here's a much more flattering picture.  Cut the guy some slack. He's just trying to salvage some academic credibility after badmouthing Bitcoin for so long. Can't blame him for that. Notice the spiffy bow tie he wore for the occasion. It compliments his blue jeans quite nicely.  |
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fonsie
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December 11, 2014, 10:28:55 AM |
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Quit being so mean. Here's a much more flattering picture. Cut the guy some slack. He's just trying to salvage some academic credibility after badmouthing Bitcoin for so long. Can't blame him for that. Notice the spiffy bow tie he wore for the occasion. It compliments his blue jeans quite nicely. Looking sharp.  |
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octaft
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December 11, 2014, 10:32:25 AM |
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You'd think the dude fucked some of your moms the way some of you are slinging insults at him.
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600watt
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Merit: 2106
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December 11, 2014, 10:33:23 AM |
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wtf is going on ? the doomsupertrolls take over every thread, ignore function does not work, since so many get sucked in discussing trollshit/fud and of course quoting it over and over. those troll arseholes are professionals, sending this forum down the drain, they have (paid) supporters and it wouldn´t really bother if not half the community wouldn´t JUMP ON THEIR SHIT wherever those bastards spill there sermon.
i thought this is a forum of bitcoin supporters, a forum where new possibilities can be discussed, a place where newbies can learn. but this one year bear market turned it into an ugly pile of shit.
*vomiting smily*
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