What's wrong with you people?!

[weggie]

Do you know what is even MORE SICK ?

https://www.inc.com/jeff-bercovici/peter-thiel-young-blood.html

You can buy youth, if you are rich, just find some kid aged  up to max 25. Pay $8k and there you go...

MONEY can buy anything you can dream off. Even life. And therefore of course even death.

Coins.. pfhh.... a drop in the ocean..

[RewFrew]

I'm not sure if you ever wondered about Ethereum's scalability issues and the number of hard forks we will have in future? I've seen how many prominent coders said that they don't completely understand Ethereum and what comes for us, the "ordinary" people? Myself am an IT, but I know shit about coding (except that I wrote few scripts for IRC bots 15+ years ago, but that's long forgotten as it is not my thing). Betting on something, which you don't completely understand is stupid, because question here is not what the tech can achieve, but how. Most of you does not know the answer of this question. Most of you are currently paying billions of $ for something, which is based mostly on promises. Fancy roadmaps and plans, but what if they fail, because simply the tech would not allow them to grow as expected/promised? I'll mention BAT again. If you ask me - this is a multibillion opportunity and I won't be surprised if it reaches $20-$30-$100, but that's not the question here. Imagine the negative impact...

Hey hey hey! so you was there too in 1997 1998 1999 With MIRC32 DALNET SERVERS, Then 1999to 2001 With MIRC32 Webnet servers lol. Good days.

I Started internet with caramail in 1996 it was the facebook of today, then mirc32 is coming , then ICQ in 2002 then msn in 2003.  i'm talking about the popularity of thoses sites.

[spartak_t]

Yeah, I was even IRC Operator in the Bulgarian network (UniBG), which I think was 2nd or 3rd largest in the world back then.

[FractalUniverse]

spartak_t> hey, I love IRC   I go back in there every now and then. I spent huge amount of time on freenode

[SwedishGirl]

The latest craziness is called BAT, which raised some USD $36 Million in 20 seconds. And now a day or two later comes with a USD $170 Million market cap + huge premine. People work for 20 years to buy a house (and this applies for a tiny % of the world's population, because for example, in my country (Bulgaria), a person with average salary will need to work at least 17 years and saves 50% of it to buy an apartment). Now every second 15-year old nerd who invested his lunch money in Ethereum (or NEM, or whatever...) some 2-3 years ago is now a f*cking godzillionaire and he can buy entire town. Not long ago I said we are in a bubble, but I was wrong. This is a f*cking disaster! Can you imagine the levels of inflation, which digital currencies can create? The great depression, Zimbabwe's inflation and housing bubble combined will look like a jokes. Maybe this was the idea behind Bitcoin. About 45 years ago Nixon ended convertibility of US $ to gold and it appears that after several years banks will "back" their fiat money with... Ripple or BallsCoin.

But hey, making money is a good thing, right? Enjoy the ride! 

Someone is jelly.

[kryptqnick]

Betting on something, which you don't completely understand is stupid, because question here is not what the tech can achieve, but how.

I think this is not quite true. Investing in altcoins is a lot like gambling but only with some small part of experience needed. One can be very good at programming and define the best currency ever, invest lots of money in it. Nut eventually this programmer might lose just because currencies people use do not solely depend on code. Moreover, most of users don't understand how something works and what potential issues there are. That is why investing in something you don't know how works but have some sort of feeling that it will be popular does make sense and is IMO likely to be more profitable than something one calculated and defined as the best thing.

[Pente]

Do you know what is even MORE SICK ?

https://www.inc.com/jeff-bercovici/peter-thiel-young-blood.html

You can buy youth, if you are rich, just find some kid aged  up to max 25. Pay $8k and there you go...

MONEY can buy anything you can dream off. Even life. And therefore of course even death.

Coins.. pfhh.... a drop in the ocean..

This really seems like a crude method to extend one's lifespan. Better is to find what is in the young blood and get it in pure form. With a transfusion, you are subjecting yourself to every disease that the donor has been exposed to.

If you want to stay young, start by keeping your weight under control, eating healthy, and intermittent intense exercise.

As you get older, you need to pay attention to supplementing failing body system. Whey powder and vitamins to make up for poor digestion. Melatonin to get good sleep and hormone regulation. NAD supplements to keep your mitochondria going.

The point being: There is a lot you can do to stay young on a limited budget and it is probably a lot safer than things like parabiosis too.

[RewFrew]

Yeah, I was even IRC Operator in the Bulgarian network (UniBG), which I think was 2nd or 3rd largest in the world back then.

I Was close to be IRCop too on webnet, what a funny days.. add aop/sop nickname #channel lol

[spartak_t]

spartak_t> hey, I love IRC   I go back in there every now and then. I spent huge amount of time on freenode

Yeah, they were great days... we had meetings and everything.

I Was close to be IRCop too on webnet, what a funny days.. add aop/sop nickname #channel lol

Being a LocalOp was pretty much nothing, but I was master in the bots of the country's channel #Bulgaria and owner in Sofia, Plovdiv, Varna and Bourgas channels (i.e. the channels of our biggest cities). Like I said... good old days.

[Spoetnik]

@Spartak
I ran a poll here not that far back and asked [POLL] Do you believe in Ethereum ?
The vast majority said no.. then went out and bought them anyway.

If you don't actually believe in what it was designed for then why buy them ?
The guy on this topic earlier said it.. "gambling"

Check this out.. [FUD] What to do with an Ethereum Fuel Token ?

This shit is a fraud and Ethereum is a scam.
I launched a topic on it in 2014 with enough proof.
And yet reading what i said above its the no. 2 coin in crypto ?
How ?

I even bumped it because guys claim there is no proof.
Staff deleted my post and it went back into hiding.
People don't want the truth out or to hear it.
They simply want to hear how Ethereum is awesome and it will make them rich.

To me the concept of it makes my skin crawl.
The very idea of it is simply retarded and that is coming from someone who is a coder in a bunch of languages.
I would never have the fucking silly audacity that those dumb fucks did.

It's like designing Android the way it is now then wondering why new versions have a 0.1% adoption rate a year after the new version comes out.

Look at BAT.. supposedly those guys have a leet resume ?
I think not.
Firefox has been nothing but a massive ass fucking of stupid coding decisions for about 10 years now.
Every time i think it can't get any worse they fuck up some other part of it.
Being on that project is not a good thing for your resume.
If you applied for a job with me and it said that i'd yell at you for an hour and kick you out.
Here ?
They hand you 30 million in cash and slurp your cock dry.

There is nothing to like here anymore.
All of this is a joke.
The people are losers and the "coins" are pathetic.
There is nothing left to be a part of.
I didn't come here to be like ETH tard's and buy coins i don't believe in fer teh ROI'z on teh profits coinz exchanger.

All people need to see about ETH the scam ICO shit coin is it's far too complicated.
It will keep failing because it does not have the simplicity of Bitcoin.
Of course it will be hacked and of course it will be forked lots.. duh.
Because it was a stupid idea in the first place.

[jmpFCE2]

oh the world is so wrong!!

cry more and deal with iT mr perfect

[weggie]

To me, its like old HYIP days.
Promising 1-15% or even 40% a day.
People DID BELIEVE that it's real "company" paying..
Admins of HYIP's were 15-20 years old kids, scamming people for MILLIONS
forexample, what I remember, 12dailypro ($50M scam, FBI did lock up the woman behind it), and for example a Stormpay (paypal's copy) was like $400M scam. later on, e-gold, but it was not scam, but the owner did some shady tax evasions on the US, so FBI catched him too.
Now it is "coin forex market" , and with ICO, it is pretty much like old HYIPs
No need to have IQ170 to see this.

Also, one more thing - market cap is fake value. No one would receive $90bn if all of the coins are sold, because there would be no buyer, also, no use of the coins. It's not like buying Apple stocks, all of them. it has value, or MCD stocks, even though, the true value (cash value) of MCD is 100times lower than market cap. It's a premium for brand name. (MCD has like 30bn in properties, but also 29bn in debts, yet, market cap is like 130-150bn?). Anyway, its all just fairy tale, these market caps.

But yet, ICO's, if I get it right, I have no idea why would the crowd give out 8 figure sums each week for few bytes of information (coins, tokens, smileys, likes, or whatever). I guess it imitates the startup projects (which could be scams too, but not that much by far). But its a PURE PONZI.

I'm not saying its pure evil and wrong to gamble on it, but think about it.. Ponzi itself is illegal. Even to join, play it. You can get rich quick, of course, you can do it on slots in Las Vegas too. But you need luck, and moreover, you are not getting rich OVER the owner of the ICO's, but OVER some other 15-20y.o. kids who did a wrong trade (late train, buy high, sell low, etc). There is always 5% winners and 95% losers..

It's not about printing money, value or any kind of assets. It's simply moving money from group 1, to group 2. (from losers to winners), where admins/owners of ICO, and market providers take their share of fee. No one here is printing money. Centralized or decentralized, it's all just fake imagination. Even BTC - if you earn thanks to BTC value increase/decrease, someone has to take his or her loss. There is no other way, how could BTC system work.

[olarsson]

TS should be happy that he is one of the few people that has the knowledge and ability to participate in this and potentially be one of the people that can get a fortune "for free".

[jubalix]

To me, its like old HYIP days.
Promising 1-15% or even 40% a day.
People DID BELIEVE that it's real "company" paying..
Admins of HYIP's were 15-20 years old kids, scamming people for MILLIONS
forexample, what I remember, 12dailypro ($50M scam, FBI did lock up the woman behind it), and for example a Stormpay (paypal's copy) was like $400M scam. later on, e-gold, but it was not scam, but the owner did some shady tax evasions on the US, so FBI catched him too.
Now it is "coin forex market" , and with ICO, it is pretty much like old HYIPs
No need to have IQ170 to see this.

Also, one more thing - market cap is fake value. No one would receive $90bn if all of the coins are sold, because there would be no buyer, also, no use of the coins. It's not like buying Apple stocks, all of them. it has value, or MCD stocks, even though, the true value (cash value) of MCD is 100times lower than market cap. It's a premium for brand name. (MCD has like 30bn in properties, but also 29bn in debts, yet, market cap is like 130-150bn?). Anyway, its all just fairy tale, these market caps.

But yet, ICO's, if I get it right, I have no idea why would the crowd give out 8 figure sums each week for few bytes of information (coins, tokens, smileys, likes, or whatever). I guess it imitates the startup projects (which could be scams too, but not that much by far). But its a PURE PONZI.

I'm not saying its pure evil and wrong to gamble on it, but think about it.. Ponzi itself is illegal. Even to join, play it. You can get rich quick, of course, you can do it on slots in Las Vegas too. But you need luck, and moreover, you are not getting rich OVER the owner of the ICO's, but OVER some other 15-20y.o. kids who did a wrong trade (late train, buy high, sell low, etc). There is always 5% winners and 95% losers..

It's not about printing money, value or any kind of assets. It's simply moving money from group 1, to group 2. (from losers to winners), where admins/owners of ICO, and market providers take their share of fee. No one here is printing money. Centralized or decentralized, it's all just fake imagination. Even BTC - if you earn thanks to BTC value increase/decrease, someone has to take his or her loss. There is no other way, how could BTC system work.

YES there will be alot of scams.

Blockchain tech is incapable, od being a ponzi where supply is limited, it turns ut though you can unwind the banking/fiat ponzi with a block chain.

[spartak_t]

There is nothing to like here anymore.
All of this is a joke.
The people are losers and the "coins" are pathetic.
There is nothing left to be a part of.

Not losers - failers. But you're wrong, because there is something left to be a part of. FAIL coin is here for over 3 years now and will be here as long digital currencies exist.  

[Denker]

This is going to end pretty bad sooner or later!
Mark my words!
I can already see the people screaming and calling for regulation and justice because they were stupid enough to put all their money in those scammy schemes!
You may laugh today and tomorrow. But 95% of you guys will end with losing all.

[Spoetnik]

There is nothing to like here anymore.
All of this is a joke.
The people are losers and the "coins" are pathetic.
There is nothing left to be a part of.

Not losers - failers. But you're wrong, because there is something left to be a part of. FAIL coin is here for over 3 years now and will be here as long digital currencies exist.  

Well i hope people caught the last part of my rant.
It's not just about morality or the law coming to wreck things.

It's about starting out here with good decent people who left.
Replaced by a newer generation that keeps lowering the bar.

I don't enjoy being surrounded by greedy losers who are hell bent on fucking shit up for quick chump change.

Crypto sucks.
I don't like being involved anymore and haven't for a long long time.
I've pretty much just stuck around to remind people of some of the history i witnessed.
And maybe sprinkle in a little FUD (because it's warranted) and see what's shakin'

I am not against the idea of trading or making money etc.
Lumping together bad behavior with good behavior is not gonna fly with me.
The distinction exists no matter how much they cry FUD or TROLL.

If the majority in control are dead set on running the ship aground for fast profits then so be it.
I am powerless to stop it.

..but what *could* have been though ?  

[markuson]

Thats the market. The market determines the prices. I mean look at diamonds. Why the f*k they are so expensive? No one except real experts see a difference between
diamonds and zirconia but they are so expensive. The market was and will be always crazy.

But to protect the BAT there is a really sick team behind. It is always the potential. Look at UBER its worth more than 70billion have NO profit but the investors keep throwing their
millions into it, cause they see the potential of it.

[Mia Wallace]

But to protect the BAT there is a really sick team behind. It is always the potential. Look at UBER its worth more than 70billion have NO profit but the investors keep throwing their
millions into it, cause they see the potential of it.

yes BAT does have a really sick team behind the project but is the valuation worth it is the biggest question,looking at the total number of coins i should say it is not that worthy because there is a coin for half the worlds population ,it is crazy to see people investing in it after hitting the exchanges because they missed the ICO and so is the reason the price is soaring.

[Spoetnik]

Thats the market. The market determines the prices. I mean look at diamonds. Why the f*k they are so expensive? No one except real experts see a difference between
diamonds and zirconia but they are so expensive. The market was and will be always crazy.

But to protect the BAT there is a really sick team behind. It is always the potential. Look at UBER its worth more than 70billion have NO profit but the investors keep throwing their
millions into it, cause they see the potential of it.

Interesting story on Uber..
http://money.cnn.com/2017/06/01/technology/business/uber-losses-investors/index.html
Yeah it's fucked up shit for sure !

But boys & girls what i keep harping on relentlessly in crypto all along is..

THIS SHIT AIN'T REGULATED.

We in crypto do not have a Berni Madoff in jail.
Nope.. we have Paul and Mark from Gox, Cryptsy, BFL, Mintpal etc laugh and walk.

We in crypto do not have a Martha Stewart a lady who baked pies on daytime TV sitting in jail for insider trading like half the guys in crypto do.

You idiots here do realize that if there is no law stopping them they are going to do it right ?
And i don't blame them one but.. of course Crypto is riddled with insider trading.. duh  

It just agitates the fucking shit out of me how all these guys in crypto forever compare every aspect of this idiotic crypto scammy bullshit with stock market money scene crap.
The two are barely comparable !

Ethereum is not Amazon.
Google is not Bitcoin.
Uber is not Ripple.

And all i seen since mid-2013 is idiots flowing in here and throwing every stupid little stock market jargon terminology they can at the wall..
IPO was the word of the day for ages.. then ITO then "crowd funding" all kinds of snazzy little keywords to make this moronic shit to seem legit ..to "investors"
Now it was changed to ICO and the word makes me want to punch someone in the fucking face.
It's another word for scam.
I don't want to hear about your fucking little road map or hear about your margins or your ROI's.
You can roll your little White Paper up and your smart contracts and jam them up your ass !

THIS AIN'T THE FUCKING STOCK MARKET.

This isn't the New York Stock Exchanger kidiot Investard profiteers.
You are playing scam coin ROI's gambling in an unregulated lawless scam scene.

PS:
I hope you were paying your taxes on crypto too.
I warned you all along about it.. were you listening ?
Coinbase + IRS lawsuit what now ? LOL

The fact Coinbase is worth 1 billion dollars makes me puke up in my mouth a little.
The faster 3 letter agencies come flying in here kicking ass and taking names the better.

The only thing i learned in crypto is if they can they will.
If little pieces of shit can setup endless little schemes for profit.. they will.
They will be at the roof top peddling "smart contract" white paper ICO investment advice from the rooftops.. taking little kids lunch money in a heat beat.

Did you all forget this is where rich corrupt deceitful whales and their paid financial mercenaries prey on children ?
You realize they is no crypto age requirement for this right ?
You realize how many are 15 years old suckered in my lies and bullshit ?