zureman90
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Activity: 14
Merit: 0
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February 28, 2014, 10:18:28 AM |
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my mom yesterday: my computer is slow, it's because of you mining bitcoins!
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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crazynoggin
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February 28, 2014, 10:33:38 AM |
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I find it funny and extremely stupid when there are seasoned traders in the stock market calling Bitcoin a Ponzi scheme. They obviously haven't done any sort of research into what Bitcoin is and are speaking from rumors they likely have heard.
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Jace
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February 28, 2014, 10:54:30 AM |
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"Don't fall for this, the CEO of Bitcoin can make as many bitcoins for himself as he likes!" is amongst my favorites of most retarded comments ever.
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Feel free to send your life savings to 1JhrfA12dBMUhcgh85wYan6HL2uLQdB6z9
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TheFootMan
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February 28, 2014, 11:02:59 AM |
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People tend to get quite confused with all this fancy crypto stuff and confused people tend to say funny things when they try to act competent. So, what's the most stupid thing you've heard about bitcoin recently?
The Bloomberg chickHere's my concern, because everybody says there's a limited amount of bitcoin out there and only so much can be mined. It's been placed out there and it's not like it's an infinite amount. You know, when you compare it to fed policy and keep printing. Who's to say that some computer experts couldn't put more Bitcoin out there and hack all of that? Right and therefore depress the value as well. |
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eldentyrell
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Activity: 980
Merit: 1004
felonious vagrancy, personified
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February 28, 2014, 11:14:04 AM |
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"Don't fall for this, the CEO of Bitcoin can make as many bitcoins for himself as he likes!" is amongst my favorites of most retarded comments ever.
That's why it's so irresponsible for outfits like coindesk to talk about the bitcoin "devs" reducing the network's transaction fee. |
The printing press heralded the end of the Dark Ages and made the Enlightenment possible, but it took another three centuries before any country managed to put freedom of the press beyond the reach of legislators. So it may take a while before cryptocurrencies are free of the AML-NSA-KYC surveillance plague.
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Thylacine
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Activity: 115
Merit: 10
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February 28, 2014, 12:27:58 PM |
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Tulips
Beanie Babies
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marcotheminer
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Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
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February 28, 2014, 01:09:58 PM |
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tmuir12
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February 28, 2014, 01:28:19 PM |
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I'm torn between:
. Bitcoin is a ponzi scheme
. Bitcoins are like the TULIP MANIA!
I raise your Tulip one to a comment I read made by an economic expert. "bitcoins are worse than than Tulips, because when the tulips went bust atleast you still had a tulip, when Bitcoins go bust you will be left with nothing'  |
FeatherCoin - 6p4gdv9S5YfHznfqxXmdMKEZyGbX9oyphe
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Peter Lambert
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February 28, 2014, 02:32:44 PM |
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I can forgive people who know nothing about Bitcoin for saying dumb things so my pet hate is Bitcoin enthusiasts who bitch and moan about Fractional Reserve Banking.
The most recent examples are the "...MtGox... running a fractional reserve bank" variety
I assume some of this is said in jest but an FRB should be solvent. Illiquid perhaps, but not insolvent.
Other stupid things said by bitcoiners: "It is impossible for something to be valued higher than all the bitcoins in existence" "Bitcoin makes it impossible to have interest bearing investments" |
Use CoinBR to trade bitcoin stocks: CoinBR.comThe best place for betting with bitcoin: BitBet.us |
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dogechode
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February 28, 2014, 02:57:22 PM |
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1.) The guy that posted on youtube saying he has like 4500 btc (and this was back when the value per btc was much higher) and he's like I'm not selling because I know they will hit $10,000 each soon.
2.) People saying bitcoin isn't "safe." Well, neither is walking around a metropolitan area with cash in your wallet if you want to get technical about it...
3.) People saying they think they won't have to pay taxes on their cryptocoin earnings, and all the various dumbass ways/reasons they list that they think are going to exclude them from having to pay taxes on them.
4.) People arguing that there is room in the market for 100+ altcoins to co-exist.
5.) People saying that new coin xyz is going to be (huge/the next bitcoin/over $X in Y amount of time) because it does (insert some small trivial feature here.)
6.) People saying that getting a coin added to several more exchanges will increase the value of the coin. (Hint: the people begging you to vote every few hours on mintpal and petition cryptsy to add a coin and all that crap are people that are holding a SHITLOAD of the coin and they just need more markets open so they can dump higher volume in less time, and they will crash the price when they do so.)
7.) The people making excuses for why they think their decision to buy 2-3 year old cards to mine with makes more sense than buying cutting edge cards that will actually still have value if mining dies out suddenly.
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BitcoinForumator
Legendary
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Activity: 1120
Merit: 1000
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February 28, 2014, 03:06:23 PM |
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The King of such statements is
Rawdog-let-ard
YouTube him, but most of you know him already.
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freebit13
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February 28, 2014, 03:17:00 PM |
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"Why do we need bitcoins, we've already got [insert fiat currency of choice here]?"
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Decentralize EVERYTHING!
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fryarminer
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February 28, 2014, 03:17:29 PM |
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1.) The guy that posted on youtube saying he has like 4500 btc (and this was back when the value per btc was much higher) and he's like I'm not selling because I know they will hit $10,000 each soon.
2.) People saying bitcoin isn't "safe." Well, neither is walking around a metropolitan area with cash in your wallet if you want to get technical about it...
3.) People saying they think they won't have to pay taxes on their cryptocoin earnings, and all the various dumbass ways/reasons they list that they think are going to exclude them from having to pay taxes on them.
4.) People arguing that there is room in the market for 100+ altcoins to co-exist.
5.) People saying that new coin xyz is going to be (huge/the next bitcoin/over $X in Y amount of time) because it does (insert some small trivial feature here.)
6.) People saying that getting a coin added to several more exchanges will increase the value of the coin. (Hint: the people begging you to vote every few hours on mintpal and petition cryptsy to add a coin and all that crap are people that are holding a SHITLOAD of the coin and they just need more markets open so they can dump higher volume in less time, and they will crash the price when they do so.)
7.) The people making excuses for why they think their decision to buy 2-3 year old cards to mine with makes more sense than buying cutting edge cards that will actually still have value if mining dies out suddenly.
Well I guess some of these make me feel stupid too. I'd agree with #7, since mining won't die out suddenly, and I'd kind of agree with #1. It won't be soon, but eventually he could be right. How else can you explain how everyone will share bitcoin when there are only a certain amount in existence? Actually if more people held on to their coins the price would go up a fair bit. You gotta be desperate to sell at $550. I certainly do not agree with #4. There are already far too many altcoins. |
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zunath
Newbie
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Activity: 14
Merit: 0
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February 28, 2014, 03:27:16 PM |
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"The CEO of Bitcoin got arrested."
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evansearle42
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February 28, 2014, 03:36:28 PM |
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bitcoin is worth nothing while I told them it can sell for 600USD each..
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James-Cryptonomics
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Activity: 28
Merit: 0
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February 28, 2014, 03:40:43 PM |
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THIS HAS MADE MY DAY ...... |
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RichG
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February 28, 2014, 04:14:24 PM |
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My SO has banned me from buying bitcoin. I watched bitcoin go down to $425 / BTC on coinbase briefly a couple days ago, but I was unable to take advantage of it. My SO has declared, "Bidcoin is just a ponzi scheme cooked up by nerds. If you buy any bidcoin, I will break up with you. I don't sleep with nerds."  I honestly advise you to get a new SO. And not because of bitcoin.  What the hell is an SO? Is it like a stock broker? |
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dogechode
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February 28, 2014, 04:22:01 PM |
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My SO has banned me from buying bitcoin. I watched bitcoin go down to $425 / BTC on coinbase briefly a couple days ago, but I was unable to take advantage of it. My SO has declared, "Bidcoin is just a ponzi scheme cooked up by nerds. If you buy any bidcoin, I will break up with you. I don't sleep with nerds." I honestly advise you to get a new SO. And not because of bitcoin. What the hell is an SO? Is it like a stock broker? In this case SO = the chick that has his balls in a glass jar on her desk. |
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RichG
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February 28, 2014, 04:24:56 PM |
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My SO has banned me from buying bitcoin. I watched bitcoin go down to $425 / BTC on coinbase briefly a couple days ago, but I was unable to take advantage of it. My SO has declared, "Bidcoin is just a ponzi scheme cooked up by nerds. If you buy any bidcoin, I will break up with you. I don't sleep with nerds." I honestly advise you to get a new SO. And not because of bitcoin. What the hell is an SO? Is it like a stock broker? In this case SO = the chick that has his balls in a glass jar on her desk. I thought it was like a securities advisor or something like that. |
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