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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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Gabi
Legendary
 Offline
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
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July 10, 2011, 10:59:55 AM |
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Who cares about "apple"?
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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July 10, 2011, 11:17:06 AM |
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What's Apple's market cap? |
insert coin here:
Dash XfXZL8WL18zzNhaAqWqEziX2bUvyJbrC8s
1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc
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S3052
Legendary
Offline
Activity: 2100
Merit: 1000
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July 10, 2011, 11:19:07 AM |
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330 billion $
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jack102938 (OP)
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July 10, 2011, 12:01:46 PM |
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Is there some relationship that makes bitcoin similar to Apple, or are you just picking something that went up in price and hoping bitcoin does the same?
I see holding BTC like holding a share in a popular, fast growing company. Obvious similarities and exponential growth witnessed in both BTC and AAPL. You can buy a share in BTC for less than $1 whereas in AAPL each share is gonna cost ~$350. I'm obviously hoping Bitcoin goes in the $350 a coin direction. |
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bcearl
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July 10, 2011, 12:33:13 PM |
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Since crapple makes shit and convinces its victims that they got something special (Stockholm syndrome), I don't like that comparison.
(Ironically I am typing this on my girlfriend's Mac, because she borrowed by Linux-Thinkpad to get some work done.)
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Misspelling protects against dictionary attacks NOT
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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July 10, 2011, 01:20:00 PM |
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Bitcoin is a superior investment to Apple in at least two ways.
1. Apple shares can be (and have been) diluted.
2. Apple can get sued, fined and take on debt.
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insert coin here:
Dash XfXZL8WL18zzNhaAqWqEziX2bUvyJbrC8s
1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc
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URSAY
Legendary
Offline
Activity: 1946
Merit: 1000
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July 10, 2011, 02:26:14 PM |
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BTC is a better investment then AAPL??? I LOL'ed.  |
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kiba
Legendary
Offline
Activity: 980
Merit: 1014
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July 10, 2011, 02:33:57 PM |
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The strategism of Bitcoin is very different from Apple.
It's more like being Android rather than being Apple.
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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July 10, 2011, 02:35:55 PM |
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BTC is a better investment then AAPL??? I LOL'ed. All depends on what price you got in at. Bitcoin has massively outperformed Apple this year. |
insert coin here:
Dash XfXZL8WL18zzNhaAqWqEziX2bUvyJbrC8s
1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc
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Litt
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July 10, 2011, 03:35:10 PM |
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BTC is a better investment then AAPL??? I LOL'ed. All depends on what price you got in at. Bitcoin has massively outperformed Apple this year. bitcoin has massively outperformed EVERYTHING this year. |
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peach
Newbie
Offline
Activity: 56
Merit: 0
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July 10, 2011, 03:48:46 PM |
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Is there some relationship that makes bitcoin similar to Apple, or are you just picking something that went up in price and hoping bitcoin does the same?
Yeah, I don't really understand what you're getting at here, OP. Many, many, many companies have experienced healthy gains in recent years. Enlighten us on your thought process here. |
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netrin
Sr. Member
Offline
Activity: 322
Merit: 251
FirstBits: 168Bc
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July 10, 2011, 03:51:17 PM |
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BTC is a better investment then AAPL??? I LOL'ed. All depends on what price you got in at. Bitcoin has massively outperformed Apple this year. Anyone who bought bitcoins in the last two years until a month ago has seen MASSIVE returns on their HIGH RISK investment. Apple represents lower risk. Nothing about their respective price gains nor losses should be surprising. One is more volatile than the other. That's about all we can say about their appreciation. |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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July 10, 2011, 04:21:21 PM |
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BTC is a better investment then AAPL??? I LOL'ed. All depends on what price you got in at. Bitcoin has massively outperformed Apple this year. Anyone who bought bitcoins in the last two years until a month ago has seen MASSIVE returns on their HIGH RISK investment. Apple represents lower risk. Nothing about their respective price gains nor losses should be surprising. One is more volatile than the other. That's about all we can say about their appreciation. It's a high risk investment with an extremely low risk/reward ratio. You have approximately a 30% chance of making 10X your original investment. Any poker player would jump at the chance. Apple is out there. All growth is already priced in. Bitcoin is an obscure product still in beta. Seeing the value in bitcoin requires awareness of its existence and above average knowledge of encryption and economics. And bitcoin isn't dependent on a founder/CEO that's dying. |
insert coin here:
Dash XfXZL8WL18zzNhaAqWqEziX2bUvyJbrC8s
1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc
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Jalum
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July 10, 2011, 04:27:48 PM |
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It's a high risk investment with an extremely low risk/reward ratio. You have approximately a 30% chance of making 10X your original investment. Any poker player would jump at the chance.
Haha I love it when bitcoiners quantify things like this. Please explain how someone has a 30% chance of making 10x their investment. |
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• Telegram
• ANN Thread
• Bounty Thread
• Whitepaper |
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peach
Newbie
Offline
Activity: 56
Merit: 0
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July 10, 2011, 04:55:44 PM |
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It's a high risk investment with an extremely low risk/reward ratio. You have approximately a 30% chance of making 10X your original investment. Any poker player would jump at the chance.
Haha I love it when bitcoiners quantify things like this. Please explain how someone has a 30% chance of making 10x their investment. +1 |
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jack102938 (OP)
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July 10, 2011, 05:07:20 PM |
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Is there some relationship that makes bitcoin similar to Apple, or are you just picking something that went up in price and hoping bitcoin does the same?
Yeah, I don't really understand what you're getting at here, OP. Many, many, many companies have experienced healthy gains in recent years. Enlighten us on your thought process here. Do you want me to draw you a picture? |
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Littleshop
Legendary
Offline
Activity: 1386
Merit: 1003
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July 10, 2011, 05:12:08 PM |
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Bitcoin is a superior investment to Apple in at least two ways.
1. Apple shares can be (and have been) diluted.
2. Apple can get sued, fined and take on debt.
BTC is not superior to Apple (and Apple is not superior to BTC). BTC is a different category! One is a stock, the other is an experimental currency. Apple has huge merits, such as extreme profitability and the mother of all diversified cash piles held by a company. They have more then $60 per share in just cash alone and more will be announced in two weeks. Apple making more profits in phone and computer spaces then ALL of their competition combined. BitCoin has no real competition but it has adversaries that would make an Apple fanboy weep. Apple is compared to Bitcoin a safe investment but Bitcoin has potential upsides that are impossible with Apple. Apple will not and can not further multiply by 50, Bitcoin could (but probably wont). |
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jack102938 (OP)
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July 10, 2011, 05:14:19 PM |
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One is a stock, the other is an experimental currency. BTC behaves more like a stock than a currency IMO. |
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