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Author Topic: It's over. Bitcoin is finished.  (Read 19496 times)
jubalix
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December 07, 2013, 11:38:45 PM
 #21

and yet here you are on a btc forum, its not like there is even a GOV Fiat forum, where the masses consider FIAT

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
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December 07, 2013, 11:40:04 PM
 #22

The US dollar is dead because of the 2008 crash. The FDIC closed 460 failed banks from 2008 to 2012. Washington Mutual was the largest bank failure in US history. The unemployment rate hit 10%. Millions of people lost their jobs. Millions of people lost their homes and were forced to live with family and friends. Commodity prices and international trade plummeted. The world reliance on the US dollar created a global recession. I'm never trusting the dollar again, it's over for me! I wish I had invested in Bitcoin when it started in 2009 instead of that stupid dollar. I'd be rich today!

videos4btc
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December 07, 2013, 11:40:55 PM
 #23

Sad part is he's probably right  Angry
freethink2013
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December 07, 2013, 11:41:29 PM
 #24

this is all a bit 266-esque
knight22
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December 07, 2013, 11:42:00 PM
 #25

The last bubble was bitcoin's last hope for establishing itself, now that it's crashed in the middle of the media spotlight, no one will have confidence in it anymore. Have fun holding the last tulip when it all comes crashing down. Serves the gullible idiots right for buying into a ponzi scheme posing as a fake currency.


then why are you in BITCOIN FORUM?

if you think bitcoin is a ponzi scheme...

what are you doing here?

Educating people and keep them from getting scammed.

Getting scammed by who exactly? What do you know about bitcoin that we don't?  Roll Eyes

successquik
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December 07, 2013, 11:42:15 PM
 #26

Why is the Bitcoin price germane to adoption rates by business and consumers?

With the btc interfaces that are available through companies such as Coinbase, Bitpay and others merchants are able to accept bitcoin at costs lower than credit cards and incur no charge back risk and no price risk because they are immediately able to convert to their local fiat currency.

Bitcoin is primarily a payment methodology NOT a commodity. Over time price will settle in at an equilibrium... could be $100, $1,000 or $10,000.

In the big picture, it doesn't matter because bitcoin is a payments methodology.

SQ
Arksun
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December 07, 2013, 11:42:27 PM
 #27

Anonymint, is that you?  Grin

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lm2f (OP)
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December 07, 2013, 11:43:36 PM
 #28

and yet here you are on a btc forum, its not like there is even a GOV Fiat forum, where the masses consider FIAT

And bitcoin isn't fiat? It's basically monopoly money backed by no authority whatsoever and only gets it's value from speculation.
jones31
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December 07, 2013, 11:47:45 PM
 #29

The last bubble was bitcoin's last hope for establishing itself, now that it's crashed in the middle of the media spotlight, no one will have confidence in it anymore. Have fun holding the last tulip when it all comes crashing down. Serves the gullible idiots right for buying into a ponzi scheme posing as a fake currency.


then why are you in BITCOIN FORUM?

if you think bitcoin is a ponzi scheme...

what are you doing here?

Educating people and keep them from getting scammed.

People on this forum , especially early bitcoins adopters are the last persons in the world that need education.
And even if , your type of education might be good for lemmings at best.
lm2f (OP)
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December 07, 2013, 11:48:38 PM
 #30

The last bubble was bitcoin's last hope for establishing itself, now that it's crashed in the middle of the media spotlight, no one will have confidence in it anymore. Have fun holding the last tulip when it all comes crashing down. Serves the gullible idiots right for buying into a ponzi scheme posing as a fake currency.


then why are you in BITCOIN FORUM?

if you think bitcoin is a ponzi scheme...

what are you doing here?

Educating people and keep them from getting scammed.

Getting scammed by who exactly? What do you know about bitcoin that we don't?  Roll Eyes

By the exchanges who take in real money and give out monopoly money in return. And guess what, you can't cash out. It's all just a big scam. I've had a friend who tried to cash out from coinbase and got an email saying his money won't be processed for 24 months.

Guess why they picked 24 months, statute of limitations.  Wink
knight22
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December 07, 2013, 11:49:36 PM
 #31

The last bubble was bitcoin's last hope for establishing itself, now that it's crashed in the middle of the media spotlight, no one will have confidence in it anymore. Have fun holding the last tulip when it all comes crashing down. Serves the gullible idiots right for buying into a ponzi scheme posing as a fake currency.


then why are you in BITCOIN FORUM?

if you think bitcoin is a ponzi scheme...

what are you doing here?

Educating people and keep them from getting scammed.

Getting scammed by who exactly? What do you know about bitcoin that we don't?  Roll Eyes

By the exchanges who take in real money and give out monopoly money in return. And guess what, you can't cash out. It's all just a big scam. I've had a friend who tried to cash out from coinbase and got an email saying his money won't be processed for 24 months.

Guess why they picked 24 months, statute of limitations.  Wink

You obviously don't have any clue about how an exchange work

maxxoccupancy
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December 07, 2013, 11:50:41 PM
 #32

Washington Mutual didn't fail.  It never made the kinds of loans that doomed other banks.  The feds came in and stole a $330 billion bank and handed its assets to JP Morgan Chase, which is owned by the Rockefeller's and Morgan's.  The International Banking Cartels own the mainstream media and the Federal Reserve Bank.

I would like to work on development of a polymorphic altcoin that maintains a stable value and is more resistant to fraud.
btc: 15diNSNVontYf5iUvQqnLSQJ9rCAHuwpyJ   betyourbits.com      LTC: LRqVTEPcS7uusMy7JDqYEUg6KqdhfRWC5B
DogECoin: DDHG719WNCCav5MWQQqyxLABFhZTG3jwX3     QRK:  QdKnP5SqoG9r4CNuFcY1oesaYUAsu1W5hF
QuestionAuthority
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December 07, 2013, 11:50:55 PM
 #33

The last bubble was bitcoin's last hope for establishing itself, now that it's crashed in the middle of the media spotlight, no one will have confidence in it anymore. Have fun holding the last tulip when it all comes crashing down. Serves the gullible idiots right for buying into a ponzi scheme posing as a fake currency.


then why are you in BITCOIN FORUM?

if you think bitcoin is a ponzi scheme...

what are you doing here?

Educating people and keep them from getting scammed.

Getting scammed by who exactly? What do you know about bitcoin that we don't?  Roll Eyes

By the exchanges who take in real money and give out monopoly money in return. And guess what, you can't cash out. It's all just a big scam. I've had a friend who tried to cash out from coinbase and got an email saying his money won't be processed for 24 months.

Guess why they picked 24 months, statute of limitations.  Wink

You obviously don't have any clue how an exchange work

Or that most people have cashed out before. It may take a little time but it happens. Never 24 months though.

Lucky Cris
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December 07, 2013, 11:51:33 PM
 #34


By the exchanges who take in real money and give out monopoly money in return. And guess what, you can't cash out. It's all just a big scam. I've had a friend who tried to cash out from coinbase and got an email saying his money won't be processed for 24 months.

Guess why they picked 24 months, statute of limitations.  Wink

If this is true... THIS is what the hell you need to be posting! This is useful information to us!

How much was the withdrawal request? Let's see a copy of the email.

mateo
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December 07, 2013, 11:51:48 PM
 #35

Bitcoin will go up in long-term. It has too many advantages over traditional payment systems. it's not gonna replace the US dollar anytime soon (or ever) and there will always be a niche for such a currency.
It's just that there are too many speculators right now, who just buy Bitcoin hoping to sell them for profit and keep causing these bubbles and crashes.

BTC to the moon!
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December 07, 2013, 11:51:55 PM
 #36

Washington Mutual didn't fail.  It never made the kinds of loans that doomed other banks.  The feds came in and stole a $330 billion bank and handed its assets to JP Morgan Chase, which is owned by the Rockefeller's and Morgan's.  The International Banking Cartels own the mainstream media and the Federal Reserve Bank.

You don't happen to live under a bridge do you?

leoragraves666
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December 07, 2013, 11:52:20 PM
 #37

Bitcoin isn't only about coinbase. There are other exchanges. And nothing is 100% safe. Just look at Cyprus.

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lm2f (OP)
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December 07, 2013, 11:52:56 PM
 #38

The last bubble was bitcoin's last hope for establishing itself, now that it's crashed in the middle of the media spotlight, no one will have confidence in it anymore. Have fun holding the last tulip when it all comes crashing down. Serves the gullible idiots right for buying into a ponzi scheme posing as a fake currency.


then why are you in BITCOIN FORUM?

if you think bitcoin is a ponzi scheme...

what are you doing here?

Educating people and keep them from getting scammed.

People on this forum , especially early bitcoins adopters are the last persons in the world that need education.
And even if , your type of education might be good for lemmings at best.

The early adopters have everything to gain and nothing to lose by perpetuating the ponzi scheme. Most of the shills you see advocating bitcoin on the internet are of this type. Desperately trying to keep people from realizing the nature of bitcoin, while luring gullible people to buy into bitcoins so these early adopters can fatten their own eallets.
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December 07, 2013, 11:53:48 PM
 #39

The last bubble was bitcoin's last hope for establishing itself, now that it's crashed in the middle of the media spotlight, no one will have confidence in it anymore. Have fun holding the last tulip when it all comes crashing down. Serves the gullible idiots right for buying into a ponzi scheme posing as a fake currency.


then why are you in BITCOIN FORUM?

if you think bitcoin is a ponzi scheme...

what are you doing here?

Educating people and keep them from getting scammed.

People on this forum , especially early bitcoins adopters are the last persons in the world that need education.
And even if , your type of education might be good for lemmings at best.

The early adopters have everything to gain and nothing to lose by perpetuating the ponzi scheme. Most of the shills you see advocating bitcoin on the internet are of this type. Desperately trying to keep people from realizing the nature of bitcoin, while luring gullible people to buy into bitcoins so these early adopters can fatten their own eallets.

But if you can't cash out how do our wallets get fat?

lm2f (OP)
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December 08, 2013, 12:13:22 AM
 #40

The last bubble was bitcoin's last hope for establishing itself, now that it's crashed in the middle of the media spotlight, no one will have confidence in it anymore. Have fun holding the last tulip when it all comes crashing down. Serves the gullible idiots right for buying into a ponzi scheme posing as a fake currency.


then why are you in BITCOIN FORUM?

if you think bitcoin is a ponzi scheme...

what are you doing here?

Educating people and keep them from getting scammed.

People on this forum , especially early bitcoins adopters are the last persons in the world that need education.
And even if , your type of education might be good for lemmings at best.

The early adopters have everything to gain and nothing to lose by perpetuating the ponzi scheme. Most of the shills you see advocating bitcoin on the internet are of this type. Desperately trying to keep people from realizing the nature of bitcoin, while luring gullible people to buy into bitcoins so these early adopters can fatten their own eallets.

But if you can't cash out how do our wallets get fat?

Greed, ignorance, and delusions of getting rich is what fuels these people.
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