Bitcoin Forum
November 22, 2017, 02:59:07 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: Mark Cuban doesn't believe in bitcoin but wants to invest the competitor  (Read 4535 times)
dominicwin
Member
**
Offline Offline

Activity: 84


View Profile
November 22, 2013, 06:57:53 PM
 #21

Honestly he's probably afraid to since he just got the SEC off his back. That's my opinion.

I'd like to hear the other sharks opinions before making a decision  Grin

kevin already said he's in


Really? As a Canadian I should know this.

http://www.cbc.ca/player/News/Business/ID/2375415659/

he understands it, he really does! good for him. he's smart too


Great video. I hope he really did put a couple percent at that time! He'd already multiply his investment quite a bit.

CUBAN CIGARS for Sale - Full Boxes and Individual Cigars https://bitcointalk.org/index.php?topic=299151.0
Austrian GOLD 1oz PHILHARMONICS -  https://bitcointalk.org/index.php?topic=330401.0
BUYING BTC HERE https://bitcointalk.org/index.php?topic=334920.0
1511362747
Hero Member
*
Offline Offline

Posts: 1511362747

View Profile Personal Message (Offline)

Ignore
1511362747
Reply with quote  #2

1511362747
Report to moderator
1511362747
Hero Member
*
Offline Offline

Posts: 1511362747

View Profile Personal Message (Offline)

Ignore
1511362747
Reply with quote  #2

1511362747
Report to moderator
1511362747
Hero Member
*
Offline Offline

Posts: 1511362747

View Profile Personal Message (Offline)

Ignore
1511362747
Reply with quote  #2

1511362747
Report to moderator
Join ICO Now A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511362747
Hero Member
*
Offline Offline

Posts: 1511362747

View Profile Personal Message (Offline)

Ignore
1511362747
Reply with quote  #2

1511362747
Report to moderator
1511362747
Hero Member
*
Offline Offline

Posts: 1511362747

View Profile Personal Message (Offline)

Ignore
1511362747
Reply with quote  #2

1511362747
Report to moderator
1511362747
Hero Member
*
Offline Offline

Posts: 1511362747

View Profile Personal Message (Offline)

Ignore
1511362747
Reply with quote  #2

1511362747
Report to moderator
BittBurger
Hero Member
*****
Offline Offline

Activity: 840


View Profile
November 22, 2013, 06:59:25 PM
 #22

Guys,

Read what he's actually saying.

He saying you never buy the first version of anything because it's full of bugs.

He's making no comment about Bitcoin itself. He's make a generalized statement about waiting until the second model of a brand-new car before you buy it. He's basically just conveying good common sense.

The flaw in his logic is the Bitcoin has new versions within itself…

I agree with your assessment there, Bitt, but he failed to extrapolate on what it is about bitcoin that he feels is lacking and will cause it to be surpassed by a competing coin

Because he's not talking about Bitcoin specifically. He's talking about not investing his money in the first version of a brand-new technology. Therefore he probably has no comment on Bitcoin itself. He's just passing on it because first versions of major paradigm changes often are inferior to second versions.

He didn't say he's going for an existing competitor.  He said he's going for what will be invented next, in response to Bitcoin, whatever that may be, because the implication is that it will be superior.

Bitcoin's true purpose defined in Satoshi's message on the Genesis Block:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
View it on the Blockchain | Genesis Block Newspaper Copies
superduh
Hero Member
*****
Offline Offline

Activity: 602


View Profile
November 22, 2013, 07:22:45 PM
 #23

Guys,

Read what he's actually saying.

He saying you never buy the first version of anything because it's full of bugs.

He's making no comment about Bitcoin itself. He's make a generalized statement about waiting until the second model of a brand-new car before you buy it. He's basically just conveying good common sense.

The flaw in his logic is the Bitcoin has new versions within itself…

I agree with your assessment there, Bitt, but he failed to extrapolate on what it is about bitcoin that he feels is lacking and will cause it to be surpassed by a competing coin

Because he's not talking about Bitcoin specifically. He's talking about not investing his money in the first version of a brand-new technology. Therefore he probably has no comment on Bitcoin itself. He's just passing on it because first versions of major paradigm changes often are inferior to second versions.

He didn't say he's going for an existing competitor.  He said he's going for what will be invented next, in response to Bitcoin, whatever that may be, because the implication is that it will be superior.


true but people can still be holding out for the new tcp/ip, http etc. it's a risk regardless

ok
dominicwin
Member
**
Offline Offline

Activity: 84


View Profile
November 22, 2013, 07:38:41 PM
 #24

From his short tweet, it also seems he is simply looking at Bitcoin as a technology which is not the case anymore, even more so now.
Twitter's and iPhones don't have senate hearings and banking commission panels.

CUBAN CIGARS for Sale - Full Boxes and Individual Cigars https://bitcointalk.org/index.php?topic=299151.0
Austrian GOLD 1oz PHILHARMONICS -  https://bitcointalk.org/index.php?topic=330401.0
BUYING BTC HERE https://bitcointalk.org/index.php?topic=334920.0
Alty
Hero Member
*****
Offline Offline

Activity: 714


RISE Project Manager


View Profile
November 22, 2013, 07:44:16 PM
 #25

Kevin O'Leary from Shark Tank said he invests 5% of his wealth into physical gold.

Perhaps he will chose Goldcoin when/if he decides to jump in!  Grin
beetcoin
Sr. Member
****
Offline Offline

Activity: 434


View Profile
November 22, 2013, 07:45:35 PM
 #26

i think he just might be upset that he was so late to the game... or at least he is not someone who really states logic for his reasoning very well.
Raoul Duke
aka psy
Legendary
*
Offline Offline

Activity: 1456



View Profile
November 22, 2013, 07:46:56 PM
 #27

Who?

Gwapo
Full Member
***
Offline Offline

Activity: 219


View Profile
November 22, 2013, 07:50:21 PM
 #28

Cuban is right.....BTC may be number 1 right now but in the future an "alt" coin will take the throne.
to much controversy and problems associated with btc plus all the lost coins over the years
btc is merely IMHO a stepping stone to whats next
superduh
Hero Member
*****
Offline Offline

Activity: 602


View Profile
November 22, 2013, 07:51:32 PM
 #29

Cuban is right.....BTC may be number 1 right now but in the future an "alt" coin will take the throne.
to much controversy and problems associated with btc plus all the lost coins over the years
btc is merely IMHO a stepping stone to whats next

says the guy who signed up last week Cheesy

ok
dominicwin
Member
**
Offline Offline

Activity: 84


View Profile
November 22, 2013, 07:52:03 PM
 #30

Who?

haha Shark Tank guy! Granted I had no idea who he was until I watched the show.

CUBAN CIGARS for Sale - Full Boxes and Individual Cigars https://bitcointalk.org/index.php?topic=299151.0
Austrian GOLD 1oz PHILHARMONICS -  https://bitcointalk.org/index.php?topic=330401.0
BUYING BTC HERE https://bitcointalk.org/index.php?topic=334920.0
Gwapo
Full Member
***
Offline Offline

Activity: 219


View Profile
November 22, 2013, 07:58:43 PM
 #31

Cuban is right.....BTC may be number 1 right now but in the future an "alt" coin will take the throne.
to much controversy and problems associated with btc plus all the lost coins over the years
btc is merely IMHO a stepping stone to whats next

says the guy who signed up last week Cheesy

November 13, 2012,
superduh
Hero Member
*****
Offline Offline

Activity: 602


View Profile
November 22, 2013, 08:04:03 PM
 #32

Cuban is right.....BTC may be number 1 right now but in the future an "alt" coin will take the throne.
to much controversy and problems associated with btc plus all the lost coins over the years
btc is merely IMHO a stepping stone to whats next

says the guy who signed up last week Cheesy


Says the guy that cant fucking read


join date:November 13, 2012, lurked longer

correct, i fucked up Cheesy

ok
LiteCoinGuy
Legendary
*
Offline Offline

Activity: 1148


In Satoshi I Trust


View Profile WWW
November 22, 2013, 09:12:50 PM
 #33

maybe he dont know Litecoin  Tongue    Wink

Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!