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Author Topic: Why Bitcoin is ultimately doomed to fail (not today or tomorrow)  (Read 40842 times)
Lloydie
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January 28, 2014, 03:42:07 PM
 #461

Don't worry anth0ny, you'll be a millionaire one day and deisek there will continue to be a wage slave. His kids are going to say: "you what? You thought bitcoin was a bubble? Is that why our family is poor?"

It may not be that fun though...
Deisek, this might well be the last chance for you to buy btcs for less than $1000. You'll be kicking yourself...

The problem is that I already can't buy or sell BTCs (even if I wanted to). All official reliable exchangers that were out there (I worked through one of them) suspended their operation until things clear up a little...
A small stash offshore will be better than nothing, especially if things hit the fan in emerging markets.
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The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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deisik (OP)
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January 28, 2014, 03:53:34 PM
 #462

Don't worry anth0ny, you'll be a millionaire one day and deisek there will continue to be a wage slave. His kids are going to say: "you what? You thought bitcoin was a bubble? Is that why our family is poor?"

It may not be that fun though...
Deisek, this might well be the last chance for you to buy btcs for less than $1000. You'll be kicking yourself...

The problem is that I already can't buy or sell BTCs (even if I wanted to). All official reliable exchangers that were out there (I worked through one of them) suspended their operation until things clear up a little...
A small stash offshore will be better than nothing, especially if things hit the fan in emerging markets.

Cyprus has shown us all that there is no more such thing as a safe harbor ("offshore", lol), and Silk Road that there is no anonimity. You never know in advance where and when shit is going to hit the fan...

Lloydie
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January 28, 2014, 04:03:05 PM
 #463


Cyprus has shown us all that there is no more such thing as a safe harbor ("offshore", lol), and Silk Road that there is no anonimity. You never know in advance where and when shit is going to hit the fan...
Cyprus, you trusted the EU and got screwed over. Silk Road, DPR got busted you got screwed over by US Govt. With bitcoin, you trust no one. You are your own bank. There is zero reliance on third parties for transactions. If you buy via localbitcoins or in small amounts, you will almost certainly be completely anonymous.
deisik (OP)
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January 28, 2014, 04:14:22 PM
 #464


Cyprus has shown us all that there is no more such thing as a safe harbor ("offshore", lol), and Silk Road that there is no anonimity. You never know in advance where and when shit is going to hit the fan...
Cyprus, you trusted the EU and got screwed over. Silk Road, DPR got busted you got screwed over by US Govt. With bitcoin, you trust no one. You are your own bank. There is zero reliance on third parties for transactions. If you buy via localbitcoins or in small amounts, you will almost certainly be completely anonymous.

Yeah, and if you keep silence on forums like this one at that. Though you will still have to spend your bitcoins some day (thus relying on your counter-party), otherwise there is no purpose of buying them. And when you finally shell out, they will be right there to catch you with the goods, lol...

Lloydie
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January 28, 2014, 04:19:07 PM
 #465


Cyprus has shown us all that there is no more such thing as a safe harbor ("offshore", lol), and Silk Road that there is no anonimity. You never know in advance where and when shit is going to hit the fan...
Cyprus, you trusted the EU and got screwed over. Silk Road, DPR got busted you got screwed over by US Govt. With bitcoin, you trust no one. You are your own bank. There is zero reliance on third parties for transactions. If you buy via localbitcoins or in small amounts, you will almost certainly be completely anonymous.

Yeah, and if you keep silence on forums like this one at that. Though you will still have to spend your bitcoins some day (thus relying on your counter-party), otherwise there is no purpose of buying them. And when you finally shell out, they will be right there to catch you with the goods, lol...
This is an easy fix. Get plane or train ticket or drive over border. Spend satoshis and have a good time. Return home with gifts. Better still, apply for EU passport via Cyprus.
deisik (OP)
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January 28, 2014, 04:23:58 PM
 #466


Cyprus has shown us all that there is no more such thing as a safe harbor ("offshore", lol), and Silk Road that there is no anonimity. You never know in advance where and when shit is going to hit the fan...
Cyprus, you trusted the EU and got screwed over. Silk Road, DPR got busted you got screwed over by US Govt. With bitcoin, you trust no one. You are your own bank. There is zero reliance on third parties for transactions. If you buy via localbitcoins or in small amounts, you will almost certainly be completely anonymous.

Yeah, and if you keep silence on forums like this one at that. Though you will still have to spend your bitcoins some day (thus relying on your counter-party), otherwise there is no purpose of buying them. And when you finally shell out, they will be right there to catch you with the goods, lol...
This is an easy fix. Get plane or train ticket or drive over border. Spend satoshis and have a good time. Return home with gifts. Better still, apply for EU passport via Cyprus.

You just yourself said that "you trusted the EU and got screwed over". Why should you/me trust them again? Once bitten, twice shy, lol...

Lloydie
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January 28, 2014, 04:35:20 PM
 #467


Cyprus has shown us all that there is no more such thing as a safe harbor ("offshore", lol), and Silk Road that there is no anonimity. You never know in advance where and when shit is going to hit the fan...
Cyprus, you trusted the EU and got screwed over. Silk Road, DPR got busted you got screwed over by US Govt. With bitcoin, you trust no one. You are your own bank. There is zero reliance on third parties for transactions. If you buy via localbitcoins or in small amounts, you will almost certainly be completely anonymous.

Yeah, and if you keep silence on forums like this one at that. Though you will still have to spend your bitcoins some day (thus relying on your counter-party), otherwise there is no purpose of buying them. And when you finally shell out, they will be right there to catch you with the goods, lol...
This is an easy fix. Get plane or train ticket or drive over border. Spend satoshis and have a good time. Return home with gifts. Better still, apply for EU passport via Cyprus.

You just yourself said that "you trusted the EU and got screwed over". Why should you/me trust them again? Once bitten, twice shy, lol...
The passport is so you don't get screwed by the Russian govt...
deisik (OP)
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January 28, 2014, 05:01:23 PM
 #468

Yeah, and if you keep silence on forums like this one at that. Though you will still have to spend your bitcoins some day (thus relying on your counter-party), otherwise there is no purpose of buying them. And when you finally shell out, they will be right there to catch you with the goods, lol...
This is an easy fix. Get plane or train ticket or drive over border. Spend satoshis and have a good time. Return home with gifts. Better still, apply for EU passport via Cyprus.

You just yourself said that "you trusted the EU and got screwed over". Why should you/me trust them again? Once bitten, twice shy, lol...
The passport is so you don't get screwed by the Russian govt...

As I got it from Wikipedia you need a European Union citizenship (which is supplementary to national citizenship, i.e. one of its member's) to apply for an EU passport...

anth0ny
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January 28, 2014, 06:33:44 PM
 #469

In your country do you have to get a letter of attorney to ask someone to explain something to a group of people? If so I'm afraid I can't provide you with such a letter, but maybe you can post your explanation privately to me and that would get around this crazy law?

Are you a group of people?

Depends who you mean by "you". In other words, doesn't that question answer itself?

I haven't seen anyone else here asking me to explain what you were asking (since this had been properly expanded on before, and not only by me, lol). How can you then ask on behalf of some group without first providing some "paper" authorizing you to do so?

Is that what I've done?

If so, I guess you have your answer as to how I did it.

Once again I wonder how you managed to tell us what was wrong with what I wrote before I showed up and wrote it, though.

I don't think it is a proper way to ask for an explanation ("explain us")

Well, no, it's missing the word "to".

Are you trying to teach me how to speak English?
deisik (OP)
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January 28, 2014, 06:52:08 PM
Last edit: January 28, 2014, 07:24:15 PM by deisik
 #470

I don't think it is a proper way to ask for an explanation ("explain us")

Well, no, it's missing the word "to".

Are you trying to teach me how to speak English?

Okay, I should have said "explain yourself" (note that yourself means that you refers to just one person, not a group as you claim to be, lol). I don't care about your English, though I do care about mine. So I don't mind you correcting me (when there is a reason indeed), but don't forget that this is not what this thread is for (think of other people reading all this shit and not about inflating your self-defeating ego only, lol)...

magoox
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January 28, 2014, 07:22:11 PM
 #471

Anyone who has created the bitcoins and got a million of them (worth 1.1 billion dollars) seems to me a scheme....

READ THIS: http://en.wikipedia.org/wiki/Satoshi_Nakamoto

anth0ny
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January 28, 2014, 07:44:05 PM
 #472

I don't think it is a proper way to ask for an explanation ("explain us")

Well, no, it's missing the word "to".

Are you trying to teach me how to speak English?

Okay, I should have said "explain yourself" (note that yourself means that you refers to just one person, not a group as you claim to be, lol). I don't care about your English, though I do care about mine. So I don't mind you correcting me (when there is a reason indeed), but don't forget that this is not what this thread is for (think of other people reading all this shit and not about inflating your self-defeating ego only, lol)...

I thought you were of the opinion that I need a "letter of attorney" or something before I'm allowed to think of other people reading all this shit. Or maybe you're the one who needs the "letter of attorney" to ask me to think of other people?

Seriously though, if you want to delete the back and forth, that's fine with me.
deisik (OP)
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January 28, 2014, 07:49:20 PM
 #473

I don't think it is a proper way to ask for an explanation ("explain us")

Well, no, it's missing the word "to".

Are you trying to teach me how to speak English?

Okay, I should have said "explain yourself" (note that yourself means that you refers to just one person, not a group as you claim to be, lol). I don't care about your English, though I do care about mine. So I don't mind you correcting me (when there is a reason indeed), but don't forget that this is not what this thread is for (think of other people reading all this shit and not about inflating your self-defeating ego only, lol)...

I thought you were of the opinion that I need a "letter of attorney" or something before I'm allowed to think of other people reading all this shit. Or maybe you're the one who needs the "letter of attorney" to ask me to think of other people?

Seriously though, if you want to delete the back and forth, that's fine with me.

You ought to speak for yourself, that's all...

anth0ny
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January 28, 2014, 07:52:49 PM
 #474

You ought to speak for yourself, that's all...

And something has led you to believe that I don't speak for myself?
deisik (OP)
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January 28, 2014, 07:58:58 PM
 #475

You ought to speak for yourself, that's all...

And something has led you to believe that I don't speak for myself?

Should I explain to you what "speak for yourself" means?

anth0ny
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January 28, 2014, 07:59:55 PM
 #476

You ought to speak for yourself, that's all...

And something has led you to believe that I don't speak for myself?

Should I explain to you what "speak for yourself" means?

You might want to explain to us what you think it means. But more importantly I'm interested as to why you think I haven't been doing this.
deisik (OP)
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January 28, 2014, 08:01:40 PM
Last edit: January 28, 2014, 08:27:48 PM by deisik
 #477

You ought to speak for yourself, that's all...

And something has led you to believe that I don't speak for myself?

Should I explain to you what "speak for yourself" means?

You might want to explain to us what you think it means. But more importantly I'm interested as to why you think I haven't been doing this.

I didn't say "speak for yourselves", right? So you should have asked something like "explain the meaning to me", shouldn't you? The said also refers to anything where you used "us" instead of "me"...

anth0ny
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January 28, 2014, 08:05:37 PM
 #478

You ought to speak for yourself, that's all...

And something has led you to believe that I don't speak for myself?

Should I explain to you what "speak for yourself" means?

You might want to explain to us what you think it means.

I didn't say "speak for yourselves", right?

That's not a very good explanation.
deisik (OP)
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January 28, 2014, 08:06:28 PM
Last edit: January 28, 2014, 08:19:40 PM by deisik
 #479

You ought to speak for yourself, that's all...

And something has led you to believe that I don't speak for myself?

Should I explain to you what "speak for yourself" means?

You might want to explain to us what you think it means.

I didn't say "speak for yourselves", right?

That's not a very good explanation.

I think it explains enough (for a "native speaker", lol). If you are still not satisfied with that, you can always look up in a dictionary...

anth0ny
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January 28, 2014, 08:07:31 PM
 #480

You ought to speak for yourself, that's all...

And something has led you to believe that I don't speak for myself?

Should I explain to you what "speak for yourself" means?

You might want to explain to us what you think it means.

I didn't say "speak for yourselves", right?

That's not a very good explanation.

I think it explains enough...

I think you're lying, though I guess it's possible you're just really really confused.
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