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Author Topic: Joke of the day!  (Read 640 times)
JimmyButlerCollector (OP)
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August 16, 2017, 02:31:41 PM
 #1

This article is hilarious  Grin  Grin  Grin

https://www.google.ca/amp/s/www.forbes.com/sites/adamhartung/2017/08/15/a-bitcoin-is-worth-4000-why-you-probably-should-not-own-one/amp/
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August 16, 2017, 02:40:04 PM
 #2

It's amazingly disconnected from reality and hats will be eaten.

Quote
Someone could hack the blockchain, create more Bitcoins and manipulate the value, or sell the illegitimate Bitcoins and abscond with the buyers' dollars.

 Grin Huh

Zero understanding of the objectively disruptive blockchain - embarrassing but not very surprising.
nexus99
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August 16, 2017, 02:49:28 PM
 #3

"...Or Bitcoin users could simply start using other crypto-currencies or traditional government issued currencies and the market could fold completely, making Bitcoins worthless, as has happened to other crypto-currencies".

I wonder what should happen so that all we Bitcoin users just dump Bitcoin and revert to fiat and other cryptocurrencies all of a sudden Cheesy
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August 16, 2017, 02:55:37 PM
 #4

"...Or Bitcoin users could simply start using other crypto-currencies or traditional government issued currencies and the market could fold completely, making Bitcoins worthless, as has happened to other crypto-currencies".

I wonder what should happen so that all we Bitcoin users just dump Bitcoin and revert to fiat and other cryptocurrencies all of a sudden Cheesy

Should I say that it can happen? Or should I say that because the Bitcoin community is not anymore an association of a hundred people but already of the millions (I assumed) then expecting that all would be deciding as one can be virtually impossible at this age where people can have different ideas and opinions. To say that Bitcoin users would one day decide to start their own cryptocurrency is out of touch of the reality of the marketplace...this is not akin to using a shampoo or a face mask that it can be ditched a minute after using. Bitcoin is a different animal and even predicting how it would behave an hour after can be a tedious thing to do with no assurance that it can come true.
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August 16, 2017, 03:41:23 PM
 #5

It's the writer opinion,because of the understanding about this matter is too shallow,such ignorance
Or someone make an article like that to make bitcoin down in price so it could be affordable by the writer Roll Eyes
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August 17, 2017, 08:39:28 AM
 #6

"...Or Bitcoin users could simply start using other crypto-currencies or traditional government issued currencies and the market could fold completely, making Bitcoins worthless, as has happened to other crypto-currencies".

I wonder what should happen so that all we Bitcoin users just dump Bitcoin and revert to fiat and other cryptocurrencies all of a sudden Cheesy

Should I say that it can happen? Or should I say that because the Bitcoin community is not anymore an association of a hundred people but already of the millions (I assumed) then expecting that all would be deciding as one can be virtually impossible at this age where people can have different ideas and opinions. To say that Bitcoin users would one day decide to start their own cryptocurrency is out of touch of the reality of the marketplace...this is not akin to using a shampoo or a face mask that it can be ditched a minute after using. Bitcoin is a different animal and even predicting how it would behave an hour after can be a tedious thing to do with no assurance that it can come true.

That's exactly what I'm saying. There is no way that the entire community would start acting as one and just dump Bitcoin for something else.
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August 17, 2017, 08:53:26 AM
 #7

The writer of that article compares bitcoin to tulip bulbs.
He brings the story how tulip bulbs increased their value and lost it again because too many were produced.
That is not bitcoin!!!
Bitcoin is limited, and that is where this whole article has its flaw!
He should do better research next time!

  It's me!!!
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August 17, 2017, 08:55:45 AM
 #8

I’m selling my talking parrot. Why? Because yesterday, the bastard tried to exchange me for Bitcoin money.

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August 29, 2017, 09:12:48 AM
 #9

I am really amazed, why would he be preaching against buying it when he probably has thousand s of dollars in the market, that guy is really bad, he is preaching against it so he can cash in while the poor peple are being reluctant
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September 02, 2017, 06:28:25 AM
 #10

I am really amazed, why would he be preaching against buying it when he probably has thousand s of dollars in the market, that guy is really bad, he is preaching against it so he can cash in while the poor peple are being reluctant


I think Bitcoin is overpriced right now and due for a correction anytime soon. Hopefully it goes very high before though... like $5,000-6,000 at least! Smiley



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TravelMug
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September 02, 2017, 07:23:24 AM
 #11

The writer of that article compares bitcoin to tulip bulbs.
He brings the story how tulip bulbs increased their value and lost it again because too many were produced.
That is not bitcoin!!!
Bitcoin is limited, and that is where this whole article has its flaw!
He should do better research next time!


Those authors really didn't understand what bitcoin really. They didn't even writing about it some months ago because bitcoin is still 'unkown'. But since it has gain prominence in the last couple of months, they starting talking about bitcoin. They are just riding the popularity now and will write everything without understanding how it works. Its obvious they really do not do any research before writing story about bitcoin technology. However, as much as the negativity news they write, bitcoin price is still soaring and going new ATH again.

 
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September 02, 2017, 09:10:24 AM
 #12

The writer of that article compares bitcoin to tulip bulbs.
He brings the story how tulip bulbs increased their value and lost it again because too many were produced.
That is not bitcoin!!!
Bitcoin is limited, and that is where this whole article has its flaw!
He should do better research next time!

Its just another article of a person who don't have any clear knowledge of bitcoin and have dared to write such an article.Bitcoin is unique and it could not be compared with any other thing.Bitcoin has universal investor base and we could not expect all of them to suddenly dump bitcoins at the same time.If one sort of people dump bitcoins,other sort of people would be ready to buy it immediately.The article has to be just rejected.

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iram1011
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September 02, 2017, 09:40:30 AM
 #13

I just don't understand why such writers choose the topic they don't know about and was that Forbes article with so many errors?

These people do nothing but propagate their shit thoughts among people who are already unaware of Bitcoin. So many people are already skeptical about Bitcoin and its uses. These people just add to that by spreading FUD.
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September 02, 2017, 09:46:32 AM
 #14

Writers these days are sooooo lazy to catch up with the world news, they dont like to dig or investigate. Its just sad.
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September 02, 2017, 10:02:57 AM
 #15


Well, everyone has their different opinion and it is just another random opinion. He has given an example of bulb from 1630; that was a different case but bitcoins are the digital revolution . There should not be any panic, people have already shown their trust on the bitcoins.
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September 02, 2017, 10:51:22 AM
 #16

Writers these days are sooooo lazy to catch up with the world news, they dont like to dig or investigate. Its just sad.

That's true. Many of the articles on Forbes is just reposted junk from the other websites anyway.

The guy did share his opinion on how physical metal is much better than Bitcoin because it can be used for other things rather than just a regular bater currency. Bitcoin is pretty limited compared to physical metals and other things used as a currency.

If you really look at the articles made throughout the whole Bitcoin history then there would be an 8/10 ratio of articles that describe Bitcoin and the tulip thing over and over like people haven't heard about it already.

 
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September 02, 2017, 11:02:27 AM
 #17


After reading the article, the writer has even done more good than the intended harm from what I have read because all the disadvantages he has been talking about based on the comparison with the dollars which a lot of new people who have not heard or scared about bitcoin but at the same time tired of the system dominated by the dollar, will see that as an avenue to know what's going on and thereafter be involved.
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September 02, 2017, 11:33:27 AM
 #18

There are some people out there who are doing a smear campaign against BTC and to misinform the masses. Maybe they want BTC to crash or maybe they view it as a threat to their interests.

Too bad for them, its going to $100,000/BTC or bust.
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September 02, 2017, 11:36:33 AM
 #19

It is interesting after the growth of bitcoin, what a madman should sell all his funds for the transition to Fiat and other crypt currencies. Just not an article but a provocation. Definitely a joke of the day.

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September 02, 2017, 11:59:41 AM
 #20

haha nice one

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