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Author Topic: Look how fast Bitcoin is moving  (Read 985 times)
freightjoe (OP)
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November 22, 2017, 01:09:59 PM
Last edit: November 22, 2017, 01:24:31 PM by freightjoe
 #1

This is the key argument for people promoting Bitcoin: Look how where we were a few months ago and look where we are now. It is only going faster - you should join.

This means that these people have jumped out of an airplane with no parachute.

They are now halfway down and are telling their friends: Look how well this is working, and it is going faster and faster.

When you tell the people they are going to crash-land, they just tell you it is FUD and that in their experience things have been going great since they jumped out of the airplane.
freightjoe (OP)
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November 22, 2017, 01:25:52 PM
 #2

....of course there is one stuntman who have managed to jump out of an airplane without a parachute and then land safely in a net - but not sure tat makes the concept any more desirable....
Bamel
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November 22, 2017, 01:31:49 PM
 #3

This is the key argument for people promoting Bitcoin: Look how where we were a few months ago and look where we are now. It is only going faster - you should join.

This means that these people have jumped out of an airplane with no parachute.

They are now halfway down and are telling their friends: Look how well this is working, and it is going faster and faster.

When you tell the people they are going to crash-land, they just tell you it is FUD and that in their experience things have been going great since they jumped out of the airplane.


Too much risk with this parachute.
Amial
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November 22, 2017, 01:33:12 PM
 #4

This is the key argument for people promoting Bitcoin: Look how where we were a few months ago and look where we are now. It is only going faster - you should join.

This means that these people have jumped out of an airplane with no parachute.

They are now halfway down and are telling their friends: Look how well this is working, and it is going faster and faster.

When you tell the people they are going to crash-land, they just tell you it is FUD and that in their experience things have been going great since they jumped out of the airplane.


Too much risk with this parachute.


No guts, no glory, green beans.
no0dlepunk
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November 22, 2017, 01:43:13 PM
 #5

This is the key argument for people promoting Bitcoin: Look how where we were a few months ago and look where we are now. It is only going faster - you should join.

This means that these people have jumped out of an airplane with no parachute.

They are now halfway down and are telling their friends: Look how well this is working, and it is going faster and faster.

When you tell the people they are going to crash-land, they just tell you it is FUD and that in their experience things have been going great since they jumped out of the airplane.
What is your point, bro? Your noobness shouldn't be an excuse to make these stupid comments publicly against bitcoins. First of all, what did you mean by When you tell the people they are going to crash-land, they just tell you it is FUD and that in their experience things have been going great since they jumped out of the airplane.? are you telling us that bitcoin is really going to crash soon and no one from here believes it? And instead, we spread rumors without any basis at all? It seems like you really do not know what "decentralization" means. Compared to the stock market - there is no regulating body for bitcoins - SO THIS MEANS the price will continue to go up as long as the demand is higher than the supply, in other words, as long as most of us HODL to it, and new people are wanting to invest or have a piece of share from the limited supply, the price will definitely go up.

Stock market is regulated by SEC which means that if their price is seems to high, the regulating body will correct it, and eventually will go back to it's fair price. NOT WITH BITCOIN... no one will regulate the price of bitcoin... the price is the transparent representation of the real supply vs demand equation.

Now here is a piece of advise, next time please make sure that you know A LOT about bitcoins and trading before you open your bubble mouth. Also use google translate so we could understand you better.
freightjoe (OP)
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November 22, 2017, 01:47:59 PM
 #6

This is the key argument for people promoting Bitcoin: Look how where we were a few months ago and look where we are now. It is only going faster - you should join.

This means that these people have jumped out of an airplane with no parachute.

They are now halfway down and are telling their friends: Look how well this is working, and it is going faster and faster.

When you tell the people they are going to crash-land, they just tell you it is FUD and that in their experience things have been going great since they jumped out of the airplane.
What is your point, bro? Your noobness shouldn't be an excuse to make these stupid comments publicly against bitcoins. First of all, what did you mean by When you tell the people they are going to crash-land, they just tell you it is FUD and that in their experience things have been going great since they jumped out of the airplane.? are you telling us that bitcoin is really going to crash soon and no one from here believes it? And instead, we spread rumors without any basis at all? It seems like you really do not know what "decentralization" means. Compared to the stock market - there is no regulating body for bitcoins - SO THIS MEANS the price will continue to go up as long as the demand is higher than the supply, in other words, as long as most of us HODL to it, and new people are wanting to invest or have a piece of share from the limited supply, the price will definitely go up.

Stock market is regulated by SEC which means that if their price is seems to high, the regulating body will correct it, and eventually will go back to it's fair price. NOT WITH BITCOIN... no one will regulate the price of bitcoin... the price is the transparent representation of the real supply vs demand equation.

Now here is a piece of advise, next time please make sure that you know A LOT about bitcoins and trading before you open your bubble mouth. Also use google translate so we could understand you better.

Wow - you really have jumped out of the plane without the parachute. And looking at the desperation of your message here it appears that you are screaming to the world to believe the fiction that you will not hit the ground.

Through human economic history one thing is very very clear. Unregulated markets always cause great crashes. That is exactly why markets become regulated.

It is to protect people such as yourself who are clearly too dumb to actually know what you are doing that markets are regulated. But you clearly have drunk the kool-aid and honestly believe you can fly without a parachute because until now it has worked out great for you
Gladz29
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November 22, 2017, 01:50:47 PM
 #7

This is the key argument for people promoting Bitcoin: Look how where we were a few months ago and look where we are now. It is only going faster - you should join.

This means that these people have jumped out of an airplane with no parachute.

They are now halfway down and are telling their friends: Look how well this is working, and it is going faster and faster.

When you tell the people they are going to crash-land, they just tell you it is FUD and that in their experience things have been going great since they jumped out of the airplane.


Too much risk with this parachute.


No guts, no glory, green beans.
Bitcoin moving is so faster now, because their are more people joining bitcoin but they don't know what is bitcoin is. If they heard their is money in bitcoin they join as fast as they can. But before you join just think, read and observe. Not only money were talking in here but knowledge bout bitcoin and how we used, spend bitcoin in the near future.
CodeGroup4
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November 22, 2017, 01:57:28 PM
 #8

Your observation is praiseworthy. As Bitcoin is moving fast and going too high, once upon a time it will fall and a lot of people will be affected by this. So, every member should be aware of it.
freightjoe (OP)
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November 22, 2017, 01:58:26 PM
 #9

Your observation is praiseworthy. As Bitcoin is moving fast and going too high, once upon a time it will fall and a lot of people will be affected by this. So, every member should be aware of it.

Thank you - I agree
sicparvismagna
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November 22, 2017, 02:00:41 PM
 #10

Yeah definitely most of us in our office and my friend are now into bitcoin like what the NBA player Joel Embid always says "Trust The Process" and the process is going smoothly and efficiently with a unique functions and features definitely many people are seeing the promising future bitcoin can give to it's country and most especially in the users of bitcoin.
bitroxis
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November 22, 2017, 02:07:27 PM
 #11

It is going pretty fast indeed, but this just adds more pressure on the network and more technical challenges. Also, bitcoin mining and transactions use a lot of electricity, and this is another challenge to be taken into consideration for the future. So there's little chance that the rise will go on at this rate for a long time, unless some technical problems are adressed.

freightjoe (OP)
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November 22, 2017, 02:09:04 PM
 #12

Yeah definitely most of us in our office and my friend are now into bitcoin like what the NBA player Joel Embid always says "Trust The Process" and the process is going smoothly and efficiently with a unique functions and features definitely many people are seeing the promising future bitcoin can give to it's country and most especially in the users of bitcoin.

So you are in the camp with the lemmings jumping off the cliff, because that what they are all doing, your your lemming friends who haven't hit the ground yet have phoned you and said it is a great feeling to be flying.....
sindikat
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November 22, 2017, 02:09:56 PM
 #13

Your observation is praiseworthy. As Bitcoin is moving fast and going too high, once upon a time it will fall and a lot of people will be affected by this. So, every member should be aware of it.
And then what? We too, someday will die. You propose to commit suicide? Doesn't matter to me bitcoin will die or not. I fully share the idea of its creators. Therefore, I will use the bitcoin to the end. Most people on this forum consciously take the risk so this news not to scare them.
scottykarate
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November 22, 2017, 02:37:38 PM
 #14

Any investment is a risk and requires due diligence. Make sure you hit the altcoins forum to share your pearls of wisdom!

Oh wait, you're not really concerned about people's financial safety on this forum.

Do you get paid per thread?
n4poleon
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November 22, 2017, 02:52:52 PM
 #15

I tell that to people, to let them know how risky it is, not for them to make an investment. Unfortunately, there are a lot of idiots mixed in with speculators, investors and traders. But nobody should be able to stop anyone to experience the technology.
fanbeila
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November 22, 2017, 02:58:21 PM
 #16

This is the key argument for people promoting Bitcoin: Look how where we were a few months ago and look where we are now. It is only going faster - you should join.

This means that these people have jumped out of an airplane with no parachute.

They are now halfway down and are telling their friends: Look how well this is working, and it is going faster and faster.

When you tell the people they are going to crash-land, they just tell you it is FUD and that in their experience things have been going great since they jumped out of the airplane.
What is your point, bro? Your noobness shouldn't be an excuse to make these stupid comments publicly against bitcoins. First of all, what did you mean by When you tell the people they are going to crash-land, they just tell you it is FUD and that in their experience things have been going great since they jumped out of the airplane.? are you telling us that bitcoin is really going to crash soon and no one from here believes it? And instead, we spread rumors without any basis at all? It seems like you really do not know what "decentralization" means. Compared to the stock market - there is no regulating body for bitcoins - SO THIS MEANS the price will continue to go up as long as the demand is higher than the supply, in other words, as long as most of us HODL to it, and new people are wanting to invest or have a piece of share from the limited supply, the price will definitely go up.

Stock market is regulated by SEC which means that if their price is seems to high, the regulating body will correct it, and eventually will go back to it's fair price. NOT WITH BITCOIN... no one will regulate the price of bitcoin... the price is the transparent representation of the real supply vs demand equation.

Now here is a piece of advise, next time please make sure that you know A LOT about bitcoins and trading before you open your bubble mouth. Also use google translate so we could understand you better.

Wow - you really have jumped out of the plane without the parachute. And looking at the desperation of your message here it appears that you are screaming to the world to believe the fiction that you will not hit the ground.

Through human economic history one thing is very very clear. Unregulated markets always cause great crashes. That is exactly why markets become regulated.

It is to protect people such as yourself who are clearly too dumb to actually know what you are doing that markets are regulated. But you clearly have drunk the kool-aid and honestly believe you can fly without a parachute because until now it has worked out great for you
Already,many people predicted about bitcoin like.But bitcoin has made their mouth shut every time.Even some people went to the extent of publishing obituary for bitcoin.You have just said that the plane would definitely crash and you have not given the solid reasons for the crash to happen.We have traveled already eight years successfully and bankers and governments tried their best to crash the plane bitcoin.But the result was much disappointing for them.We believe that bitcoin has been already created in a way to avoid any crashes and if you still feel insecure to travel,just stay away from the plane and also don't try to make people afraid who feel comfort travelling in the plane.

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bitbunnny
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November 22, 2017, 03:03:38 PM
 #17

I tell that to people, to let them know how risky it is, not for them to make an investment. Unfortunately, there are a lot of idiots mixed in with speculators, investors and traders. But nobody should be able to stop anyone to experience the technology.

I wouldn't stop anyone from investing, it's only crucial to know all the facts and be able to accept the risk. Problem are people without enough information and knowledge who think that Bitcoin is only made for profit. Nevertheless, Bitcoin is worth investing, you just have to know what you are doing, and you have to know your limits. And that is not always easy and you can easily get carried away.

DannyHamilton
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November 22, 2017, 03:08:07 PM
 #18

This is the key argument for people promoting Bitcoin: Look how where we were a few months ago and look where we are now. It is only going faster - you should join.

Anyone that uses that reasoning doesn't understand the fundamentals of what bitcoins is, how it works, what it's benefits are, and what its potential is.

This means that these people have jumped out of an airplane with no parachute.

If you exchange anything of value for bitcoins and you are only doing it because "it's going up and it might keep going up", then you are a fool.  If you have more value in bitcoin than you are comfortable losing, then you are an even bigger fool.

It's not quite the same as "jumping out of an airplane with no parachute", because Bitcoin actually has a lot of potential for success whereas jumping out of an airplane without a parachute has almost no potential for success. It is more like being handed a parachute pack and being told that there is a parachute in there, then jumping out of the airplane without first checking that there actually is a parachute, or that it is in good condition.

They are now halfway down and are telling their friends: Look how well this is working, and it is going faster and faster.

Correct.  And if it the plane is on fire and it turns out that there actually is a parachute in the pack that they were given, then they are going to be VERY happy that they trusted what they were told and jumped.  On the other hand if the plane lands safely, and the pack doesn't have a parachute, then they are going to regret their decision.  Until they pull that rip-cord, they'll never know which it is.

When you tell the people they are going to crash-land, they just tell you it is FUD and that in their experience things have been going great since they jumped out of the airplane.

Correct.  Only time will tell if there actually is a parachute in that pack they put on.  There's a good chance they'll be fine, but there is a very real possibility that they will regret their decision.
freightjoe (OP)
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November 22, 2017, 03:09:08 PM
 #19

Any investment is a risk and requires due diligence. Make sure you hit the altcoins forum to share your pearls of wisdom!

Oh wait, you're not really concerned about people's financial safety on this forum.

Do you get paid per thread?

I feel sorry for you Scotty boy. You clearly can't handle the fact that my well-researched analysis is being well received in here.
freightjoe (OP)
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November 22, 2017, 03:10:35 PM
 #20

This is the key argument for people promoting Bitcoin: Look how where we were a few months ago and look where we are now. It is only going faster - you should join.

This means that these people have jumped out of an airplane with no parachute.

They are now halfway down and are telling their friends: Look how well this is working, and it is going faster and faster.

When you tell the people they are going to crash-land, they just tell you it is FUD and that in their experience things have been going great since they jumped out of the airplane.
What is your point, bro? Your noobness shouldn't be an excuse to make these stupid comments publicly against bitcoins. First of all, what did you mean by When you tell the people they are going to crash-land, they just tell you it is FUD and that in their experience things have been going great since they jumped out of the airplane.? are you telling us that bitcoin is really going to crash soon and no one from here believes it? And instead, we spread rumors without any basis at all? It seems like you really do not know what "decentralization" means. Compared to the stock market - there is no regulating body for bitcoins - SO THIS MEANS the price will continue to go up as long as the demand is higher than the supply, in other words, as long as most of us HODL to it, and new people are wanting to invest or have a piece of share from the limited supply, the price will definitely go up.

Stock market is regulated by SEC which means that if their price is seems to high, the regulating body will correct it, and eventually will go back to it's fair price. NOT WITH BITCOIN... no one will regulate the price of bitcoin... the price is the transparent representation of the real supply vs demand equation.

Now here is a piece of advise, next time please make sure that you know A LOT about bitcoins and trading before you open your bubble mouth. Also use google translate so we could understand you better.

Wow - you really have jumped out of the plane without the parachute. And looking at the desperation of your message here it appears that you are screaming to the world to believe the fiction that you will not hit the ground.

Through human economic history one thing is very very clear. Unregulated markets always cause great crashes. That is exactly why markets become regulated.

It is to protect people such as yourself who are clearly too dumb to actually know what you are doing that markets are regulated. But you clearly have drunk the kool-aid and honestly believe you can fly without a parachute because until now it has worked out great for you
Already,many people predicted about bitcoin like.But bitcoin has made their mouth shut every time.Even some people went to the extent of publishing obituary for bitcoin.You have just said that the plane would definitely crash and you have not given the solid reasons for the crash to happen.We have traveled already eight years successfully and bankers and governments tried their best to crash the plane bitcoin.But the result was much disappointing for them.We believe that bitcoin has been already created in a way to avoid any crashes and if you still feel insecure to travel,just stay away from the plane and also don't try to make people afraid who feel comfort travelling in the plane.

You clearly have not understood it. It is not the plane that is crashing. It is the person who has already jumped out of the plane believing he can fly himself
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