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Author Topic: Bitcoin is A joke and will never last.  (Read 19767 times)
leopard2
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March 31, 2014, 08:27:51 PM
 #201

Weak troll.....very weak.

My bank takes 5 working days to 'process' a cheque, yet bitcoin transactions are usually processed within an hour or two.

even a SEPA wire usually takes 1-2 days, BTC confirms in 15 mins, so 96-192 times faster, plus a lot less "mouse-miles" and mouseclicks!

for chumpchange you can use doge which confirms in a minute or so.

Truth is the new hatespeech.
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igorr
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March 31, 2014, 08:30:55 PM
 #202

Weak troll.....very weak.

My bank takes 5 working days to 'process' a cheque, yet bitcoin transactions are usually processed within an hour or two.

even a SEPA wire usually takes 1-2 days, BTC confirms in 15 mins, so 96-192 times faster, plus a lot less "mouse-miles" and mouseclicks!

for chumpchange you can use doge which confirms in a minute or so.

Credit card takes instantly, 1-3 sec, accepted in every market in the world, each ATM accept it.
(USA,Russia,Canada,China,Japan, Germany, India, Australia, United Kingdom, Italy, France, etc............)
plus a lot less and safer than BTC Cheesy

Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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March 31, 2014, 10:47:04 PM
Last edit: April 17, 2014, 01:50:31 AM by Bit_Happy
 #203

Had had something valuable to add, but after that last post....
I'm going somewhere else.   Cheesy

Edit:
Looks like the post I was talking about has been deleted by a mod.

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April 01, 2014, 08:49:20 AM
 #204

That's not how it works.

If you buy a pack of bubble gum at the supermarket, Visa/Mastercard GUARANTEE to give the merchant the money.


No they don't.  That is the concept of a charge back.  Visa/Mastercard don't lose: the customer or the merchant does.  Charge-back fraud is a serious problem for merchant's accepting credit cards.  
Absolutely. Almost all forms of "customer not present" transaction today are stacked massively against the merchant towards the customer. That's probably how it should be, but the consequence is that a merchant will almost never win a charge back. They will most likely need to sue the customer themselves.

I've been taking credit card payments for Internet hosting services since 2006 and I've never won a chargeback even when I've presented proof to the credit card processor that the customer used the service (i.e. was not third party fraud via stolen card).

That's irritating but I do consider it a cost of doing business and am not really complaining about it.

That fact that—with bitcoin—the customer is expected to provide their own security is a challenge for bitcoin adoption by ordinary people. Not an insurmountable one in my opinion, but let's be realistic here.
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April 01, 2014, 09:29:38 AM
 #205

The best joke is one that turns out to be real  Cheesy
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April 01, 2014, 09:45:23 AM
Last edit: April 01, 2014, 09:56:59 AM by harkonnen
 #206

Weak troll.....very weak.

My bank takes 5 working days to 'process' a cheque, yet bitcoin transactions are usually processed within an hour or two.

even a SEPA wire usually takes 1-2 days, BTC confirms in 15 mins, so 96-192 times faster, plus a lot less "mouse-miles" and mouseclicks!

for chumpchange you can use doge which confirms in a minute or so.

Credit card takes instantly, 1-3 sec, accepted in every market in the world, each ATM accept it.
(USA,Russia,Canada,China,Japan, Germany, India, Australia, United Kingdom, Italy, France, etc............)
plus a lot less and safer than BTC Cheesy

I can see you never been a merchant. When a merchant receive a payment with credit card, he has to take a risk of chargeback due to various reasons. Chargeback is for the protection of consumers. Chargeback forces merchants to produce better goods and services, but it can be real headache for the merchants.
Merchants will love bitcoin, because there is no chargeback. And merchants can provide same goods and service with cheaper price.
 
Many people complains that bitcoin transaction takes too long to confirm, an hour currently. But that's not an issue. I already have an idea how to overcome long confirm period. Of course, I'm not sharing my million dollar idea. But there are many ways to work around it.
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April 01, 2014, 03:37:33 PM
 #207

WOW,
15th april 2014, Game over for China !!!

http://www.theaustralian.com.au/business/latest/china-clamps-down-on-bitcoin/story-e6frg90f-1226871648275

Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
apsvinet
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April 17, 2014, 01:36:40 AM
 #208

So this turned out to just be bullshit then. Smiley
Don't spread rumors!

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April 17, 2014, 06:29:21 AM
 #209


Don't kid yourself. Chinese will not stop at few stupid laws.
I still see tons of bitcoins are sucked into China.
Watch yourself.
http://fiatleak.com/
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April 17, 2014, 06:43:09 AM
 #210


Don't kid yourself. Chinese will not stop at few stupid laws.
I still see tons of bitcoins are sucked into China.
Watch yourself.
http://fiatleak.com/

I opened http://fiatleak.com/ for about 15 min and over 2390 bitcoins are went to China.
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April 17, 2014, 06:56:36 AM
 #211

Time tells no lies and 5 years later Bitcoin has only gotten stronger than where it was before
Where the next 5 years take us remains a road and path we have yet to cross and I for one will sure look forward to it

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April 17, 2014, 08:17:10 AM
 #212

OP you really think this way? Is there any people concerned that others wouldn't use bitcoin and why?
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April 17, 2014, 08:38:17 PM
 #213

OP you really think this way? Is there any people concerned that others wouldn't use bitcoin and why?
I don't think he really believes in what he posted. If he does, he's an idiot, and if he doesn't, he's an idiot for trolling the forums.
That leaves us to 2 alternatives, he's either and idiot or an idiot. Smiley

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April 17, 2014, 08:39:32 PM
 #214

OP you really think this way? Is there any people concerned that others wouldn't use bitcoin and why?
I don't think he really believes in what he posted. If he does, he's an idiot, and if he doesn't, he's an idiot for trolling the forums.
That leaves us to 2 alternatives, he's either and idiot or an idiot. Smiley

agreed, bad troll is also idiot.
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April 17, 2014, 08:41:00 PM
 #215

OP you really think this way? Is there any people concerned that others wouldn't use bitcoin and why?
I don't think he really believes in what he posted. If he does, he's an idiot, and if he doesn't, he's an idiot for trolling the forums.
That leaves us to 2 alternatives, he's either and idiot or an idiot. Smiley

agreed, bad troll is also idiot.
Oh yes definitely, and these are the kind of people we don't need in the community anyways! So it's a good thing they come out with their unpopular opinions in the open so we know who they are. Smiley

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April 17, 2014, 10:17:57 PM
 #216

OP you really think this way? Is there any people concerned that others wouldn't use bitcoin and why?
I don't think he really believes in what he posted. If he does, he's an idiot, and if he doesn't, he's an idiot for trolling the forums.
That leaves us to 2 alternatives, he's either and idiot or an idiot. Smiley
He sounds jealous to me. Perhaps a friend told him about bitcoin back in 2012. So he has to think it is a joke else he is the joke.
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April 17, 2014, 10:58:21 PM
 #217

LOL OP has no vision.

If a better solution comes to replace bit coin that doesn't necessarily mean it will "NEVER" last.

Trust me when I say that the next solution will likely be inspired by bitcoin if not mimicked on a certain level to the current protocol.

OP is a joke and will never ever last.

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April 17, 2014, 11:00:13 PM
 #218

OP you really think this way? Is there any people concerned that others wouldn't use bitcoin and why?
I don't think he really believes in what he posted. If he does, he's an idiot, and if he doesn't, he's an idiot for trolling the forums.
That leaves us to 2 alternatives, he's either and idiot or an idiot. Smiley
He sounds jealous to me. Perhaps a friend told him about bitcoin back in 2012. So he has to think it is a joke else he is the joke.

Many of the gold bugs who had gotten told to buy Bitcoin when they were less than a dollar are in denial that they believe Bitcoin is a "ponzi" blah blah blah.

They know that the potential for it to grow this big has now created momentum for moving forward.

Guys like OP have no vision or are just mad they didnt get in earlier when the prices were much lower...like $5 or less.

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apsvinet
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April 17, 2014, 11:17:27 PM
 #219

OP you really think this way? Is there any people concerned that others wouldn't use bitcoin and why?
I don't think he really believes in what he posted. If he does, he's an idiot, and if he doesn't, he's an idiot for trolling the forums.
That leaves us to 2 alternatives, he's either and idiot or an idiot. Smiley
He sounds jealous to me. Perhaps a friend told him about bitcoin back in 2012. So he has to think it is a joke else he is the joke.

Many of the gold bugs who had gotten told to buy Bitcoin when they were less than a dollar are in denial that they believe Bitcoin is a "ponzi" blah blah blah.

They know that the potential for it to grow this big has now created momentum for moving forward.

Guys like OP have no vision or are just mad they didnt get in earlier when the prices were much lower...like $5 or less.
Of course I'm bitter about that aswell, but it was a conscious desicion and there's no need to talk down on it because I wasn't ready to take a risk.

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April 17, 2014, 11:22:30 PM
 #220

Cortana said me it will last atleast 500 years so... Cheesy

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