bitcoinscanada (OP)
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June 25, 2013, 09:52:35 PM
Last edit: June 25, 2013, 10:04:34 PM by bitcoinscanada |
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I'm afraid I've lost my faith in Bitcoin. Somebody save me..
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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rikur
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June 25, 2013, 09:55:27 PM |
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I'm afraid I'm lost my faith in Bitcoin. Somebody save me..
Quoted for year 2018, when Bitcoin is worth more than USD 100 000 each (if USD still exists..) |
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grue
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June 25, 2013, 09:56:31 PM |
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I'm afraid I'm lost my faith in Bitcoin.
>no reasons given >lucrative question nice bait |
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Anon136
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June 25, 2013, 10:01:35 PM |
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I'm afraid I'm lost my faith in Bitcoin. Somebody save me..
good, you should never have faith in anything. faith is the antithesis of reason and evidence. |
Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited? |
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Anon136
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June 25, 2013, 10:18:13 PM |
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good, you should never have faith in anything. faith is the antithesis of reason and evidence.
I have more faith in gold.. but I appreciate what Bitcoin is trying to achieve. is it just me or is this the sort of reply a computer program would come up with? please look at my comment and your reply and see if you can explain to me why it doesn't make sense. |
Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited? |
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Littleshop
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June 25, 2013, 10:44:51 PM |
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>no reasons given
I believe central banks will buy bitcoin and therefore control it's destiny. This would fail and be hugely beneficial to most current bitcoin holders. |
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Anon136
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June 25, 2013, 10:45:50 PM |
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is it just me or is this the sort of reply a computer program would come up with?
Umm.. I'm not a computer program, but interesting observation. ok now can you answer the other half of my last comment please. |
Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited? |
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nottm28
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June 25, 2013, 10:47:31 PM |
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is it just me or is this the sort of reply a computer program would come up with?
Umm.. I'm not a computer program, but interesting observation. Have you checked that? |
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CurbsideProphet
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June 25, 2013, 10:49:25 PM |
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I'm not selling the BTC I hold, just in case..
You should be alright then. If it takes off, you'll reap some of the benefit, if it crashes and burns, you had good foresight. Bitcoin is still very early in its develop and is subject to substantial risk, we all need to individually assess our own risk tolerance and make our decisions accordingly. |
1ProphetnvP8ju2SxxRvVvyzCtTXDgLPJV
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franky1
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June 25, 2013, 10:49:39 PM |
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I'm afraid I've lost my faith in Bitcoin. Somebody save me..
thats because you are reading the high price which is always volatile.. check out the monthly low price.. you will see there is a constant rise. the low price is more of the indicator of true value and growth indicators.. the high price is just pure speculation and should be ignored for long term investors  |
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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franky1
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June 25, 2013, 10:57:19 PM |
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is it just me or is this the sort of reply a computer program would come up with?
Umm.. I'm not a computer program, but interesting observation. ok now can you answer the other half of my last comment please. I believe that central banks can buy/sell bitcoins in volume to manipulate the price, as they do with precious metals certificates. Banks have no control over physical metals. central banks play about with investments using peoples money. they are only allowed to play about with peoples money on certain legal exchanges such as the NYSE LSE etc. they cant just withdraw peoples money, throw it into dwolla/moneygram to then play the mtgox market. BUT private investment companies CAN play up and manipulate MTGOX/Bitstamp |
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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nottm28
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June 25, 2013, 10:59:36 PM |
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is it just me or is this the sort of reply a computer program would come up with?
Umm.. I'm not a computer program, but interesting observation. Have you checked that? Does not compute.. does not compute.. Now I'm suspicious. A real ellipses has three dots ... |
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Anon136
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June 25, 2013, 10:59:55 PM |
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I'm afraid I've lost my faith in Bitcoin. Somebody save me..
thats because you are reading the high price which is always volatile.. check out the monthly low price.. you will see there is a constant rise. the low price is more of the indicator of true value and growth indicators.. the high price is just pure speculation and should be ignored for long term investors wow franky that's really smart. i never thought about it that way. |
Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited? |
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grue
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June 25, 2013, 11:01:43 PM |
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Just because no one here seems to notice: THIS GUY IS BAITING FOR REPLIES. STOP FEEDING HIM. I believe that central banks can buy/sell bitcoins in volume to manipulate the price, as they do with precious metals certificates. Banks have no control over physical metals.
>>>/r/conspiracy >>>/x/ >>>infowars.com >>>theIlluminatiZionistLiberalMediaCIATruth.org Also, what makes you think that if they can manipulate bitcoins and metal certificates, they can't manipulate physical metals? Now I'm suspicious. A real ellipses has three dots ...
You're doing it wrong: … It's supposed to be one character.  |
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Severian
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June 25, 2013, 11:05:06 PM |
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I believe that central banks can buy/sell bitcoins in volume to manipulate the price, as they do with precious metals certificates.
They're already doing it. Coinbase is a Goldman Sachs operation. The Big Dogs are quietly trying to accumulate as many bitcoins as they can without driving the price up. At the same time, banks are making it difficult for smaller bitcoin businesses like Mtgox and others to use the banking system. I have great faith in Bitcoin's concept and the crypto behind it. I have no faith in the majority of Bitcoin's users and developers to have an inkling about who and what they're up against. |
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nottm28
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June 25, 2013, 11:10:18 PM |
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I have great faith in Bitcoin's concept and the crypto behind it. I have no faith in the majority of Bitcoin's users and developers to have an inkling about who and what they're up against.
me too |
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Anon136
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June 25, 2013, 11:12:06 PM |
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I believe that central banks can buy/sell bitcoins in volume to manipulate the price, as they do with precious metals certificates.
They're already doing it. Coinbase is a Goldman Sachs operation. The Big Dogs are quietly trying to accumulate as many bitcoins as they can without driving the price up. At the same time, banks are making it difficult for smaller bitcoin businesses like Mtgox and others to use the banking system. I have great faith in Bitcoin's concept and the crypto behind it. I have no faith in the majority of Bitcoin's users and developers to have an inkling about who and what they're up against. why do you think coinbase is a "goldman sachs operation"? |
Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited? |
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nottm28
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June 25, 2013, 11:16:41 PM |
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I believe that central banks can buy/sell bitcoins in volume to manipulate the price, as they do with precious metals certificates.
They're already doing it. Coinbase is a Goldman Sachs operation. The Big Dogs are quietly trying to accumulate as many bitcoins as they can without driving the price up. At the same time, banks are making it difficult for smaller bitcoin businesses like Mtgox and others to use the banking system. I have great faith in Bitcoin's concept and the crypto behind it. I have no faith in the majority of Bitcoin's users and developers to have an inkling about who and what they're up against. why do you think coinbase is a "goldman sachs operation"? It prolly is... |
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papaminer
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June 25, 2013, 11:18:22 PM |
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I'm afraid I've lost my faith in Bitcoin. Somebody save me..
thats because you are reading the high price which is always volatile.. check out the monthly low price.. you will see there is a constant rise. the low price is more of the indicator of true value and growth indicators.. the high price is just pure speculation and should be ignored for long term investors +1 this |
฿: 1L7dSte4Rs4KyyxRCgrqSWYtkXdAb4Gy1z MORE INFO ABOUT ME: BTC |
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Severian
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June 25, 2013, 11:21:22 PM |
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why do you think coinbase is a "goldman sachs operation"?
Fred Ehrsam joins CoinbasePrior to joining Coinbase, Fred worked at Goldman Sachs as a foreign exchange trader, where he traded both manually and managed their electronic market making platform, supporting in the $ billions in flow a day. Fred has also worked at BlackRock, one of the largest asset managers in the world, and has been published in the Duke Journal of Economics. Fred graduated with latin honors and departmental distinction in computer science and economics at Duke. I find it hard to believe that a young man would leave a promising career at GS to work at a shitty little startup. He's been tasked to get bitcoins. The Blackrock connection is a giveaway. They're the Jesuits of Money. |
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