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Author Topic: "Warning to Mr Average about the current Bitcoin con game."  (Read 2011 times)
Rluner (OP)
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November 14, 2013, 07:52:32 PM
 #1

Unlike most of the pro bitcoin stuff posted in these forums I would like to play devil's advocate for once. Please note these are not my views, however I sometimes feel it can be interesting to listen to the other peoples views.

http://youtu.be/H-IBwKvDiB0
Alty
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November 14, 2013, 08:16:42 PM
 #2

I posted a link to this yesterday.

https://bitcointalk.org/index.php?topic=333085.msg3572505#msg3572505

Each to their own opinion I guess, but we'll see.

As far as I'm concerned the upside outweighs the risk.
lucaspm98
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November 14, 2013, 10:21:59 PM
 #3

Not a very informed person IMO, but he can play it safe if he wants to.
Dodgers
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November 14, 2013, 11:58:57 PM
 #4

The guy says  ït's not being used by Walmart, Target etc…"

I get the feeling his view is from a totally insular USA perspective rather than understanding that it is a global currency, and not just limited to within the confines of North America
fluidjax
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November 15, 2013, 02:50:47 AM
 #5

Dont know about the US but I cant use paypal anywhere apart from on the internet, guess it must be a worthless idea also.
MicroGuy
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November 15, 2013, 02:52:52 AM
 #6

The guy says  ït's not being used by Walmart, Target etc…"



Maybe the guy just needs to switch to a better coin featuring the World's most awesome 51% attack defense! Tongue
beetcoin
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November 15, 2013, 05:53:55 AM
 #7

he seems so full of himself; like he thinks his opinion is superior to everyone elses'.

and it's confirmed by looking at his responses in the comments section.
Sindelar1938
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November 15, 2013, 07:20:49 AM
 #8

Everyone is entitled to his opinion

My view is that there is more long term upside than downside at these levels

goxed
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November 15, 2013, 09:45:50 AM
 #9

Bloomberg is a retailer?

Revewing Bitcoin / Crypto mining Hardware.
cdog
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November 15, 2013, 04:28:04 PM
 #10

Clueless people are gonna be clueless.

When people dont understand something, they tend to reject it.

You have to be pretty smart to actually "get" Bitcoin, and not dismiss it as "shady internet currency"

The really smart people are the first to accept BTC, then the really rich (they pay really smart people to manage their money), then the middle class, then the poor. So as much as BTC has the power to democratize money, its likely the existing power structures will stay in place due to this pre-set path of acceptance.
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November 17, 2013, 06:17:53 AM
 #11

Well it's their loss for not jumping in sooner
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