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Author Topic: Bitcoin Shrinking - The Long View  (Read 19324 times)
supersonic3974
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July 15, 2011, 07:10:21 PM
 #141


Have you tried Dwolla?

Dwolla?  Really?  Dwolla?  An unknown internet site that takes forever and a century to clear funds, isn't a regulated or recognized financial institution?  People will accept a personal check LONG before they buy off a "now, I'm going to enter a few numbers into this web site and you'll see your money in your bank account in about 3 days.  Oh, and I'll need your account's electronic transfer code, and I'll be driving off with your car as soon as you sign that title..."

I too have bought several cars with cash, and I know what I'm talking about.  You clearly do not.  (p.s, other guy: instead of cash, try cashier's check.  most people are willing to accept that if you negotiate it beforehand).


That's a good tip.  Although, one thing I love about purchasing with cash in hand is the bargaining power.
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Synaptic (OP)
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July 15, 2011, 07:14:23 PM
 #142


Have you tried Dwolla?

Dwolla?  Really?  Dwolla?  An unknown internet site that takes forever and a century to clear funds, isn't a regulated or recognized financial institution?  People will accept a personal check LONG before they buy off a "now, I'm going to enter a few numbers into this web site and you'll see your money in your bank account in about 3 days.  Oh, and I'll need your account's electronic transfer code, and I'll be driving off with your car as soon as you sign that title..."

I too have bought several cars with cash, and I know what I'm talking about.  You clearly do not.  (p.s, other guy: instead of cash, try cashier's check.  most people are willing to accept that if you negotiate it beforehand).


Actually I use Dwolla as my preferred method of payment for my business.  I have had 4 clients since I started using Dwolla two months ago start paying me through Dwolla.

It's not unknown Internet site, and is actually partnered with a number of banks.  It doesn't take 3 days for the transaction to show up in your account, that happens immediately. It also doesn't take 3 days to pull it into your bank account.  That happens in one banking day, since it's  merely a "checking" front end tied to your banking account.

And furthermore you dolt, people would accept a Dwolla payment LONG before they accept some fucking retarded bitcoins that they have to A. Make a Dwolla account to get USD out of anyway becuase they have to go to B. fucking Mt. Gox or some other stupid exchange, and THEN, trade their bitcoins for USD, pull it BACK into their Dwolla account, and THEN AGAIN wait for it to go into their bank account.

So let's see, in your idiotic scenario where cash is such a motherfucking hassle and for whatever reason you were too stupid to originally consider a personal check since that's apparently a better option for this hypothetical seller, then what would the seller rather do?  Create a Dwolla account, get verified, and basically have the money deposited directly into his back account, or go through a bunch of goddamn asinine intermediary steps with bitcoin markets to get his USD out of bitcoin?

You my friend, have just been made a fool of.
supersonic3974
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July 15, 2011, 07:18:18 PM
 #143

What business is this that you speak of?

Also, the seller may just want the bitcoins for speculation.
Synaptic (OP)
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July 15, 2011, 07:18:48 PM
 #144


Have you tried Dwolla?

Dwolla?  Really?  Dwolla?  An unknown internet site that takes forever and a century to clear funds, isn't a regulated or recognized financial institution?  People will accept a personal check LONG before they buy off a "now, I'm going to enter a few numbers into this web site and you'll see your money in your bank account in about 3 days.  Oh, and I'll need your account's electronic transfer code, and I'll be driving off with your car as soon as you sign that title..."

I too have bought several cars with cash, and I know what I'm talking about.  You clearly do not.  (p.s, other guy: instead of cash, try cashier's check.  most people are willing to accept that if you negotiate it beforehand).


That's a good tip.  Although, one thing I love about purchasing with cash in hand is the bargaining power.

Same here. And what does that say for bitcoins?

"Hey I'll trade you some bitcoins for that car.  You might make a MILLION DOLLARS OFF OF IT.  Have we got a deal?"

Now that's leverage.

Heh, the same leverage I hear from Multi-level Marketers telling me that having sausage parties at my house will make me rich, or that using bitcoin for daily exchanges will make the world a more rainbowy place for all.
Synaptic (OP)
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July 15, 2011, 07:20:27 PM
 #145

What business is this that you speak of?

Also, the seller may just want the bitcoins for speculation.

My business.

And yes, I agree wholly. Bitcoin speculators speculating.
supersonic3974
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July 15, 2011, 07:22:45 PM
 #146

What business is this that you speak of?

Also, the seller may just want the bitcoins for speculation.

My business.

And yes, I agree wholly. Bitcoin speculators speculating.

Lol, yes you established that in the post I was referring to.  How do we know you're not just some long-winded foul-mouthed kid trolling the forums?
Synaptic (OP)
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July 15, 2011, 07:23:38 PM
 #147

What business is this that you speak of?

Also, the seller may just want the bitcoins for speculation.

My business.

And yes, I agree wholly. Bitcoin speculators speculating.

Lol, yes you established that in the post I was referring to.  How do we know you're not just some long-winded foul-mouthed kid trolling the forums?

HEY EVERYONE, THIS GUY WANTS TO KNOW WHO I AM.  CAN WE REMIND HIM ABOUT HOW GREAT ANONYMITY IS! THIS IS THE BITCOIN FORUM, AFTER ALL!
supersonic3974
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July 15, 2011, 07:24:17 PM
 #148

What business is this that you speak of?

Also, the seller may just want the bitcoins for speculation.

My business.

And yes, I agree wholly. Bitcoin speculators speculating.

Lol, yes you established that in the post I was referring to.  How do we know you're not just some long-winded foul-mouthed kid trolling the forums?

HEY EVERYONE, THIS GUY WANTS TO KNOW WHO I AM.  CAN WE REMIND HIM ABOUT HOW GREAT ANONYMITY IS! THIS IS THE BITCOIN FORUM, AFTER ALL!
You now agree on one of the great selling points of bitcoin Smiley
Synaptic (OP)
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July 15, 2011, 07:25:23 PM
 #149

What business is this that you speak of?

Also, the seller may just want the bitcoins for speculation.

My business.

And yes, I agree wholly. Bitcoin speculators speculating.

Lol, yes you established that in the post I was referring to.  How do we know you're not just some long-winded foul-mouthed kid trolling the forums?

HEY EVERYONE, THIS GUY WANTS TO KNOW WHO I AM.  CAN WE REMIND HIM ABOUT HOW GREAT ANONYMITY IS! THIS IS THE BITCOIN FORUM, AFTER ALL!
You now agree on one of the great selling points of bitcoin Smiley

Yeah, accept I don't really care all that much to either prove my identity or keep it hidden, since I've already revealed what I do for a living in other threads.

I simply don't give a shit about your curiosity.
Piper67
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July 15, 2011, 07:26:42 PM
 #150

What business is this that you speak of?

Also, the seller may just want the bitcoins for speculation.

My business.

And yes, I agree wholly. Bitcoin speculators speculating.

Lol, yes you established that in the post I was referring to.  How do we know you're not just some long-winded foul-mouthed kid trolling the forums?

HEY EVERYONE, THIS GUY WANTS TO KNOW WHO I AM.  CAN WE REMIND HIM ABOUT HOW GREAT ANONYMITY IS! THIS IS THE BITCOIN FORUM, AFTER ALL!
You now agree on one of the great selling points of bitcoin Smiley

Yeah, accept I don't really care all that much to either prove my identity or keep it hidden, since I've already revealed what I do for a living in other threads.

I simply don't give a shit about your curiosity.

Or about spelling, clearly :-)
Synaptic (OP)
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July 15, 2011, 07:28:43 PM
 #151

What business is this that you speak of?

Also, the seller may just want the bitcoins for speculation.

My business.

And yes, I agree wholly. Bitcoin speculators speculating.

Lol, yes you established that in the post I was referring to.  How do we know you're not just some long-winded foul-mouthed kid trolling the forums?

HEY EVERYONE, THIS GUY WANTS TO KNOW WHO I AM.  CAN WE REMIND HIM ABOUT HOW GREAT ANONYMITY IS! THIS IS THE BITCOIN FORUM, AFTER ALL!
You now agree on one of the great selling points of bitcoin Smiley

Yeah, accept I don't really care all that much to either prove my identity or keep it hidden, since I've already revealed what I do for a living in other threads.

I simply don't give a shit about your curiosity.

Or about spelling, clearly :-)

Are you an English major?

If so, where's my fucking triple latte with whipped cream and caramel?

I think I'd like to speak to you're manager.
grod
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July 15, 2011, 07:31:16 PM
 #152



So let's see, in your idiotic scenario where cash is such a motherfucking hassle and for whatever reason you were too stupid to originally consider a personal check since that's apparently a better option for this hypothetical seller, then what would the seller rather do?  Create a Dwolla account, get verified, and basically have the money deposited directly into his back account, or go through a bunch of goddamn asinine intermediary steps with bitcoin markets to get his USD out of bitcoin?

You my friend, have just been made a fool of.

You are talking about today.  And hell no, I those people wouldn't sign up and trust Dwolla just because I told them so.  It's good for Dwolla that people you know are instantly trusting, the people I deal with not so much.  And by the way, TradeHill *used* to have electronic funds transfer in and out functionality.  What's to say they or MtGox won't have it again?  Besides, dollars need not be involved at all if bitcoin is mainstream, which is when my scenario is practical.  I consider bitcoins far far FAR more secure than numbers at a single web site "associated" with banks.  Yes, even today I'd rather have enough funds in bitcoin to buy a house than several hundred grand at Dwolla.

Your "thesis" is long term.  Long term bitcoin will become mainstream barring technical flaws with implementation or regulatory hurdles.   As a mainstream currency it is vastly superior to current offerings.  But you go ahead and spew obscenities and nonsense.
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July 15, 2011, 07:31:41 PM
 #153

these are the facts.

This is usually a sure sign that the person is trying to force an agenda.
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July 15, 2011, 07:33:22 PM
 #154

a rambling man.........rambles

Synaptic (OP)
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July 15, 2011, 07:36:08 PM
 #155



So let's see, in your idiotic scenario where cash is such a motherfucking hassle and for whatever reason you were too stupid to originally consider a personal check since that's apparently a better option for this hypothetical seller, then what would the seller rather do?  Create a Dwolla account, get verified, and basically have the money deposited directly into his back account, or go through a bunch of goddamn asinine intermediary steps with bitcoin markets to get his USD out of bitcoin?

You my friend, have just been made a fool of.

You are talking about today.  And hell no, I those people wouldn't sign up and trust Dwolla just because I told them so.  It's good for Dwolla that people you know are instantly trusting, the people I deal with not so much.  And by the way, TradeHill *used* to have electronic funds transfer in and out functionality.  What's to say they or MtGox won't have it again?  Besides, dollars need not be involved at all if bitcoin is mainstream, which is when my scenario is practical.  I consider bitcoins far far FAR more secure than numbers at a single web site "associated" with banks.  Yes, even today I'd rather have enough funds in bitcoin to buy a house than several hundred grand at Dwolla.

Your "thesis" is long term.  Long term bitcoin will become mainstream barring technical flaws with implementation or regulatory hurdles.   As a mainstream currency it is vastly superior to current offerings.  But you go ahead and spew obscenities and nonsense.


It's not superior.  This has been fleshed out numerous times, but unfortunately threads here are just as meaningless as the "currency" it's about, but let me just remind you that John Q. Public will never give a shit about bitcoins. NEVER.

It's simply another fact of bitcoin: To the other 300 million Americans and the rest of the financially advanced world that exist outside of this backwater forum, It does not make sense to use.  At all.  At all.  At all.

Synaptic (OP)
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July 15, 2011, 07:38:11 PM
 #156



So let's see, in your idiotic scenario where cash is such a motherfucking hassle and for whatever reason you were too stupid to originally consider a personal check since that's apparently a better option for this hypothetical seller, then what would the seller rather do?  Create a Dwolla account, get verified, and basically have the money deposited directly into his back account, or go through a bunch of goddamn asinine intermediary steps with bitcoin markets to get his USD out of bitcoin?

You my friend, have just been made a fool of.

You are talking about today.  And hell no, I those people wouldn't sign up and trust Dwolla just because I told them so.  It's good for Dwolla that people you know are instantly trusting, the people I deal with not so much.  And by the way, TradeHill *used* to have electronic funds transfer in and out functionality.  What's to say they or MtGox won't have it again?  Besides, dollars need not be involved at all if bitcoin is mainstream, which is when my scenario is practical.  I consider bitcoins far far FAR more secure than numbers at a single web site "associated" with banks.  Yes, even today I'd rather have enough funds in bitcoin to buy a house than several hundred grand at Dwolla.

Your "thesis" is long term.  Long term bitcoin will become mainstream barring technical flaws with implementation or regulatory hurdles.   As a mainstream currency it is vastly superior to current offerings.  But you go ahead and spew obscenities and nonsense.


It's not superior.  This has been fleshed out numerous times, but unfortunately threads here are just as meaningless as the "currency" it's about, but let me just remind you that John Q. Public will never give a shit about bitcoins. NEVER.

It's simply another fact of bitcoin: To the other 300 million Americans and the rest of the financially advanced world that exist outside of this backwater forum, It does not make sense to use.  At all.  At all.  At all.



HUUR DUUR, REPITION MAKES YOU RIGHT, HUH SYNAPTIC...HURR.

*insert all other ad hominem here*
Synaptic (OP)
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July 15, 2011, 07:40:01 PM
 #157

Bitcoin Forums: The show.

    Description:  Watch as amateur investors and young anarcho-liberarians ignore negative assessments of their hobby and attack the personas of the iconoclasts.
grod
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July 15, 2011, 07:44:58 PM
 #158


It's simply another fact of bitcoin: To the other 300 million Americans and the rest of the financially advanced world that exist outside of this backwater forum, It does not make sense to use.  At all.  At all.  At all.



It's a good thing, or otherwise we'd have had 300 million Facebooks, Googles, Microsofts...

Great spirits have always found violent opposition from mediocre minds.  The later cannot understand it when a man does not thoughtlessly submit to hereditary prejudices but honestly and courageously uses his intelligence and fulfills the duty to express the results of his thoughts in clear form.  -A.E.

Not to say that every hare-brained idea is genius, but you really are blind if you don't see the advantages of a secure, easily transferred, convenient digital currency exchange medium.   We're done here, your argument boils down to "I don't believe in bitcoin and neither do other slack-jawed types."  That can't be addressed.
Piper67
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July 15, 2011, 07:45:56 PM
 #159

Bitcoin Forums: The show.

    Description:  Watch as amateur investors and young anarcho-liberarians ignore negative assessments of their hobby and attack the personas of the iconoclasts.

and that would be personae... really, you shouldn't try to use complicated words
Synaptic (OP)
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July 15, 2011, 07:46:27 PM
 #160


It's simply another fact of bitcoin: To the other 300 million Americans and the rest of the financially advanced world that exist outside of this backwater forum, It does not make sense to use.  At all.  At all.  At all.



It's a good thing, or otherwise we'd have had 300 million Facebooks, Googles, Microsofts...

Great spirits have always found violent opposition from mediocre minds.  The later cannot understand it when a man does not thoughtlessly submit to hereditary prejudices but honestly and courageously uses his intelligence and fulfills the duty to express the results of his thoughts in clear form.  -A.E.

Not to say that every hare-brained idea is genius, but you really are blind if you don't see the advantages of a secure, easily transferred, convenient digital currency exchange medium.   We're done here, your argument boils down to "I don't believe in bitcoin and neither do other slack-jawed types."  That can't be addressed.


No my argument actually doesn't boil down to that, you're just too stupid to read the top post and reply with any type of substantial rebuttal.
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