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NotLambchop
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October 18, 2014, 06:51:21 PM |
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You're totally stupid and idiot ! I can not understand why you sold your house for bitcoin ! And now, where do you sleep? Under bridge?  [assumption] [another assumption] [one can hope] [and another assumption] TL;DR: The odds of an intelligent person [really] selling a house for Bitcoin and actually admitting it on the interwebs are slim to none. |
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unpure
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October 18, 2014, 07:02:51 PM |
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How is selling the house to buy bitcoin working out so far?
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IamCANADIAN013
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October 18, 2014, 10:21:13 PM |
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You're totally stupid and idiot ! I can not understand why you sold your house for bitcoin ! And now, where do you sleep? Under bridge? [assumption] [another assumption] [one can hope] [and another assumption] TL;DR: The odds of an intelligent person [really] selling a house for Bitcoin and actually admitting it on the interwebs are slim to none. LOL! Sometimes the stupidity in this thread makes me laugh. People come in making stupid posts without reading any of the background. I suggest people read up on what the OP of the thread has posted and the CBC article on the sale of his house for bitcoin. He isn't the only person that has used bitcoin when it comes to the buying and selling of homes. I'd post the links, but I doubt many would read before commenting something stupid. Instead of people coming into the thread and shitting on the op, you'd think people would be happy for him or at least support him on it. Guess it shows how ignorant some people can be. |
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TaunSew
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October 18, 2014, 10:42:42 PM |
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I would be cautious about buying any extreme amounts of Bitcoin until I see signs of exponential userbase expansion. On the contrary it looks more like the number of new users is slowing down and then there's fatigue of older users (who cease using Bitcoin).
This technology is exciting but Bitcoin at 500K-2M users hasn't shown any signs that it will be the Yahoo or Alta Vista of digital currencies. There were more people using the internet in the late 1980s and more people using Yahoo in 1996.
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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NotLambchop
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October 18, 2014, 10:47:20 PM |
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You're totally stupid and idiot ! I can not understand why you sold your house for bitcoin ! And now, where do you sleep? Under bridge? [assumption] [another assumption] [one can hope] [and another assumption] TL;DR: The odds of an intelligent person [really] selling a house for Bitcoin and actually admitting it on the interwebs are slim to none. LOL! Sometimes the stupidity in this thread makes me laugh. People come in making stupid posts without reading any of the background. I suggest people read up on what the OP of the thread has posted and the CBC article on the sale of his house for bitcoin. He isn't the only person that has used bitcoin when it comes to the buying and selling of homes. I'd post the links, but I doubt many would read before commenting something stupid. Instead of people coming into the thread and shitting on the op, you'd think people would be happy for him or at least support him on it. Guess it shows how ignorant some people can be. Bro, u even read? Stop contributing to the stupidity  |
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chaosknight
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October 19, 2014, 01:53:23 AM |
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How is selling the house to buy bitcoin working out so far?
I think he bought in at 550$ level, so he is not doing very well right now but when price go up to $1000, he will be laughing  |
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pattu1
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October 19, 2014, 04:26:25 PM |
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I would be cautious about buying any extreme amounts of Bitcoin until I see signs of exponential userbase expansion. On the contrary it looks more like the number of new users is slowing down and then there's fatigue of older users (who cease using Bitcoin).
This technology is exciting but Bitcoin at 500K-2M users hasn't shown any signs that it will be the Yahoo or Alta Vista of digital currencies. There were more people using the internet in the late 1980s and more people using Yahoo in 1996.
I would say it depends on a person's risk temperament. Some people have the stomach to put a lot of money in bitcoin and not be perturbed when the price goes down in the short term. |
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inca
Legendary
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Activity: 1176
Merit: 1000
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October 19, 2014, 04:42:41 PM |
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I would be cautious about buying any extreme amounts of Bitcoin until I see signs of exponential userbase expansion. On the contrary it looks more like the number of new users is slowing down and then there's fatigue of older users (who cease using Bitcoin).
This technology is exciting but Bitcoin at 500K-2M users hasn't shown any signs that it will be the Yahoo or Alta Vista of digital currencies. There were more people using the internet in the late 1980s and more people using Yahoo in 1996.
Internet enthusiasts probably heard the same. Now almost everyone in the West uses web browsers and is connected to the web by a smartphone. Someone tell the VC's to get their 500 billion out quick! Bitcoin is only used by 500k to 2 million users! Wallet numbers, transactions and in fact every metric pretty much apart from the recent price is continuing along a very healthy growth trajectory. See how the coinbase AMA for some explanation of userbase growth and their prediction for future btc prices next year. I do agree that buying extreme amounts of btc is a high risk gamble. Twas ever thus. |
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NotLambchop
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October 19, 2014, 04:52:14 PM |
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...
Internet enthusiasts probably heard the same. Now almost everyone in the West uses web browsers and is connected to the web by a smartphone.
... Yeah, so did Beanie Baby enthusiasts. Now almost everyone in the West laughs at them. |
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inca
Legendary
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Activity: 1176
Merit: 1000
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October 19, 2014, 05:17:49 PM |
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...
Internet enthusiasts probably heard the same. Now almost everyone in the West uses web browsers and is connected to the web by a smartphone.
... Yeah, so did Beanie Baby enthusiasts. Now almost everyone in the West laughs at them. Scraping the barrel a bit today pork chop. |
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NotLambchop
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October 19, 2014, 05:20:33 PM |
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^ OTOH, "Bitcoin<=>internet" bit never gets old |
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maker88
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October 19, 2014, 05:53:03 PM |
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well that one makes sense, as the internet is a disruptive immensely useful technology. like bitcoin. beanie babies are a decoration that was collectable because of a limited supply, and that is all. bitcoin has utility, beanie babies do not.
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NotLambchop
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October 19, 2014, 06:17:26 PM |
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well that one makes sense, as the internet is a disruptive immensely useful technology. like bitcoin. beanie babies are a decoration that was collectable because of a limited supply, and that is all. bitcoin has utility, beanie babies do not.
Unlike Beanie Babies and Bitcoin, no one ever tried to make money by buying internets. Money was made by internet-based businesses  |
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Chef Ramsay
Legendary
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Activity: 1568
Merit: 1001
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October 19, 2014, 06:21:50 PM |
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well that one makes sense, as the internet is a disruptive immensely useful technology. like bitcoin. beanie babies are a decoration that was collectable because of a limited supply, and that is all. bitcoin has utility, beanie babies do not.
Unlike Beanie Babies and Bitcoin, no one ever tried to make money by buying internets. Money was made by internet-based businesses True but the internet was never in a fixed supply, unlike Bitcoin. However, as demand goes up we just move the decimal to the right to make up for it. |
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NotLambchop
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October 19, 2014, 06:36:44 PM |
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well that one makes sense, as the internet is a disruptive immensely useful technology. like bitcoin. beanie babies are a decoration that was collectable because of a limited supply, and that is all. bitcoin has utility, beanie babies do not.
Unlike Beanie Babies and Bitcoin, no one ever tried to make money by buying internets. Money was made by internet-based businesses True but the internet was never in a fixed supply, unlike Bitcoin. However, as demand goes up we just move the decimal to the right to make up for it. My point exactly. Bitcoin has more in common with Beanie Babies than with the internet. To make the internet analogy work, Bitcoin (the units) should be compared to IPv4 addys. Invest in one now, the supply is limited and already running out! |
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inca
Legendary
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Activity: 1176
Merit: 1000
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October 19, 2014, 06:53:48 PM |
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well that one makes sense, as the internet is a disruptive immensely useful technology. like bitcoin. beanie babies are a decoration that was collectable because of a limited supply, and that is all. bitcoin has utility, beanie babies do not.
Unlike Beanie Babies and Bitcoin, no one ever tried to make money by buying internets. Money was made by internet-based businesses True but the internet was never in a fixed supply, unlike Bitcoin. However, as demand goes up we just move the decimal to the right to make up for it. My point exactly. Bitcoin has more in common with Beanie Babies than with the internet. To make the internet analogy work, Bitcoin (the units) should be compared to IPv4 addys. Invest in one now, the supply is limited and already running out! You are trolling particularly hard today. Unfortunately you are wrong. People find value in btc. They will continue to find increasing value in bitcoin going forward. Your thoughts on the matter are, like your commentary on this thread, largely irrelevant. |
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NotLambchop
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October 19, 2014, 07:29:53 PM |
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^The trusty "UR TROLL!" gambit. To be countered with the "NO U" parry. GG, bro  |
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Chris_Sabian
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Activity: 896
Merit: 1001
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October 19, 2014, 09:09:39 PM |
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This will be interesting to watch over the next few years. I wonder if it is going to be another '10,000 bitcoin pizza story'?
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LordSonjai
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October 20, 2014, 02:41:39 AM |
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this guy is a fucking idiot who has no respect for money what so ever.
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vipgelsi
Legendary
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Activity: 1736
Merit: 1001
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October 20, 2014, 02:45:51 AM |
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This will be interesting to watch over the next few years. I wonder if it is going to be another '10,000 bitcoin pizza story'?
I doubt it will be anything like that. Price would have to skyrocket. |
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