Reggie Middleton uses car analogy to explain that Bitcoin is not a bubble

[molecular]

Reggie Middleton uses car analogy to explain that Bitcoin is not a bubble:




Bitcoin for Dummies: Why Bitcoin Is Not A Bubble


I think it's genius.

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[cypherdoc]

Reggie was also correct on the housing bubble.

interesting car analogy.

[molecular]

Reggie was also correct on the housing bubble.

interesting car analogy.

yeah, fuck lamborghinis, I want the bitcoin car that comes with it's own toll-free roads to everywhere in the world.

[MatTheCat]

Reggie was also correct on the housing bubble.

interesting car analogy.

So was Mike Maloney.

He was also right on Gold n Silver....

....until one day he wasn't.

[CoinGroin]

He says it so eloquently and definitely has given me ammo for explaining it to some of my dumber friends.

[Kramerc]

Reggie was also correct on the housing bubble.

interesting car analogy.

yeah, fuck lamborghinis, I want the bitcoin car that comes with it's own toll-free roads to everywhere in the world.

Well, he could've also mentioned that it travels ~10 times faster. That would've been appealing.

[dbasql]

Thanks for posting OP... agree!

[stink]

I forgot goog bought ripple.. recalculating...

[ElectricMucus]

I forgot goog bought ripple.. recalculating...

*snicker*

[dg2010]

This guy is absolute spot on.

The internet changed the world and the way in which we communicate, now upon that Bitcoin will change the way in which we trade value with each other.

Crypto currency is the future.

[bitpop]

Isn't he an athlete?

[DPoS]

Very interesting. Especially coming from Reggie Middleton. He seems to be right most of the time, his call to short apple and go long google this year was genius.

he was saying that for years though...  before a lot of the run up of apple

[molecular]

man, this dude really is serious:

Reggie Middleton builds Zero Trust Digital Currency Contracts on Blockchain

[MatTheCat]

he was saying that for years though...  before a lot of the run up of apple

This is precisely what always gets overlooked with things or people like this.

Edward50 correctly called the crash, but called it too early and missed out on a 1000% rise. But still, he did call it.

All hail Sage Edward50!

[BoomBustBlog]

Very interesting. Especially coming from Reggie Middleton. He seems to be right most of the time, his call to short apple and go long google this year was genius.

he was saying that for years though...  before a lot of the run up of apple

That's not true. I've been saying Apple would face margin compression for years (which it did and I was 100% correct), I called to short Apple twice - the first time for a small profit (a little early) and the second time with full confidence the week the iPhone 5 launched in 2012, which was also the week of Apple's all-time high of about $700. Contrarian, accurate and to the contrary of your assertions. You have spread false information. Here are some facts to back up the statements:

http://www.boombustblog.com/blog/item/6222-deconstructing-the-most-accurate-apple-analysis-ever-made-share-price-market-share-strategy-and-all

http://www.youtube.com/watch?v=g-JQt9Jpw7w

This is the type of financial acumen that I'm bringing to Bitcoin derivatives, see http://ultra-coin.com/index.php/fund/discover/21-software-developement/1-ultracoin-the-future-of-money. I've been lurking in the shadows of these bitcoin forums for a while and I've been meaning to correct you and your friend, but never got around to it until now.

For those who don't know me, here are some recent calls and my Wikipedia page:
http://www.boombustblog.com/reggie-in-the-news
http://en.wikipedia.org/wiki/Reggie_Middleton

[molecular]

Hey Reggie,

Welcome to the Bitcoin forums... Truly a world of it's own.

How are your Bitcoin-related entrepreneurial endeavours progressing?

You might be on to something, but your descriptions lack the depth and detail necessary to evaluate that accurately.

Do you have coders? Who is helping you?

[oda.krell]

Very interesting. Especially coming from Reggie Middleton. He seems to be right most of the time, his call to short apple and go long google this year was genius.

he was saying that for years though...  before a lot of the run up of apple

That's not true. I've been saying Apple would face margin compression for years (which it did and I was 100% correct), I called to short Apple twice - the first time for a small profit (a little early) and the second time with full confidence the week the iPhone 5 launched in 2012, which was also the week of Apple's all-time high of about $700. Contrarian, accurate and to the contrary of your assertions. You have spread false information. Here are some facts to back up the statements:

http://www.boombustblog.com/blog/item/6222-deconstructing-the-most-accurate-apple-analysis-ever-made-share-price-market-share-strategy-and-all

http://www.youtube.com/watch?v=g-JQt9Jpw7w

This is the type of financial acumen that I'm bringing to Bitcoin derivatives, see http://ultra-coin.com/index.php/fund/discover/21-software-developement/1-ultracoin-the-future-of-money. I've been lurking in the shadows of these bitcoin forums for a while and I've been meaning to correct you and your friend, but never got around to it until now.

For those who don't know me, here are some recent calls and my Wikipedia page:
http://www.boombustblog.com/reggie-in-the-news
http://en.wikipedia.org/wiki/Reggie_Middleton

Sooo....

(assuming that's actually Reggie Middleton posting)

... mind if someone edits your Wiki bio, to add your involvement with cryptos?

[Reggie Middleton]

[quote
This is the type of financial acumen that I'm bringing to Bitcoin derivatives, see http://ultra-coin.com/index.php/fund/discover/21-software-developement/1-ultracoin-the-future-of-money. I've been lurking in the shadows of these bitcoin forums for a while and I've been meaning to correct you and your friend, but never got around to it until now.

For those who don't know me, here are some recent calls and my Wikipedia page:
http://www.boombustblog.com/reggie-in-the-news
http://en.wikipedia.org/wiki/Reggie_Middleton
[/quote]


Sooo....

(assuming that's actually Reggie Middleton posting)

... mind if someone edits your Wiki bio, to add your involvement with cryptos?


[/quote]
I have re-registered under my real name to keep it real. Feel free to modify the Wiki as long as you are accurate and honest. I don't know if you guys read the Fortune magazine article from a few weeks ago, but it was one of the best in the mainstream media. Check it out... http://finance.fortune.cnn.com/2014/01/21/bitcoin-platform/

[molecular]

I have re-registered under my real name to keep it real.

Jup, that surely builds confidence. Now we know it really is you .

[Reggie Middleton]

Hey Reggie,

Welcome to the Bitcoin forums... Truly a world of it's own.

How are your Bitcoin-related entrepreneurial endeavours progressing?

You might be on to something, but your descriptions lack the depth and detail necessary to evaluate that accurately.

Do you have coders? Who is helping you?

Thank you. They're moving along quite rapidly, although expensively as well. I have coders, but I'm in search of additional talent, particularly Java experts and those who are capable of scripting complex contracts. Since practically all of this stuff is essentially an ongoing R&D run with no real precedence to fall back on its hard to find good help in abundance.

I excluded specifics for a reason. My business model is quite different from practically everybody else on this forum (bitcoin, that is) as is my target audience. While most are creating alt.coins with the hope of cashing in on the cap appreciation of the pre-mined stash, I'm attempting to recreate the Wall Street bank off the block chain, sans conflicts of interest, trust issues and excessive compensation models that drive $30 million bonuses to guys a couple of years out of school.
With that being the case, I am making a lot of competitors who are quite well funded, ripe with intellectual capital, extremely aggressive and have the ear of our legislature through lobbying. Tipping my hand prematurely would be a bad business move.

Alas, the gauntlet has been thrown down and it is now time to dance. See the attack on bitcoin by JP Morgan (the bank that singularly has the most to lose) and my pointed rebuttal...

Theres' Something Fishy In The House Of Morgan, Pt. 2: Bitcoin Fear, Envy & Loathing

I'm looking for entrepreneurial (as in willing to take some risk) programmers who are very proficient in 1)Bitcoin protocol 2) willing to learn contracts inside and out 3)Java, Android and to a lesser extant, LAMP

If you or anybody you know fits the bill, let's chat!
I'm also looking for beta testers of the UltraCoin client. It's in its 2nd stage of beta but I don't want to release it to the public just yet. Of course, if anybody wants to contribute to the cause or get some actual coins, financial consulting, etc. through crowdfunding, see http://ultra-coin.com/index.php/fund/discover/21-software-developement/1-ultracoin-the-future-of-money