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Author Topic: The falling knife is starting.  (Read 6520 times)
naima53
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January 22, 2012, 03:51:13 PM
 #61

RISK=ON

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"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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cbeast
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Let's talk governance, lipstick, and pigs.


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January 22, 2012, 04:12:02 PM
 #62


Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
worldinacoin
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January 25, 2012, 05:33:20 PM
 #63

Waiting for the falling knives after I sold off, still waiting.  It is now slightly below $6 but is still looking too strong to be falling knives.
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January 25, 2012, 05:35:16 PM
 #64

It's funny how folks apply these terms to Bitcoin. This isn't simply a currency or commodity, but the discovery of a fundamental technology. I think everyone here by now recognizes that Bitcoin cannot fail in the long run without a great deal of effort applied against it. While I appreciate the work exchanges have put into making Bitcoin accessible to non-miners, they have created nothing more than a game for gamblers by allowing such rapid price updates. Maybe they simply need the game to generate revenue to improve operations. I don't begrudge them for recognizing the opportunity. The whole Bears v Bulls threads have become a game of gambits. I'll just keep buying Bitcoin to supplement my mining. Enjoy your games.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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January 25, 2012, 05:48:48 PM
 #65

It's funny how folks apply these terms to Bitcoin. This isn't simply a currency or commodity, but the discovery of a fundamental technology. I think everyone here by now recognizes that Bitcoin cannot fail in the long run without a great deal of effort applied against it. While I appreciate the work exchanges have put into making Bitcoin accessible to non-miners, they have created nothing more than a game for gamblers by allowing such rapid price updates. Maybe they simply need the game to generate revenue to improve operations. I don't begrudge them for recognizing the opportunity. The whole Bears v Bulls threads have become a game of gambits. I'll just keep buying Bitcoin to supplement my mining. Enjoy your games.

Gaming is just a hobby that lots of people enjoy so as to make it an non-definitive one at that.  The book isn't the cover and the map isn't the territory -- remember where you are:  the "shallow" Web.

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January 25, 2012, 05:52:52 PM
 #66

much love to my fellow BTC believers [knowers] Smiley
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January 25, 2012, 05:56:08 PM
 #67

much love to my fellow BTC bagholders Smiley
Fixed!
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January 25, 2012, 06:03:09 PM
 #68

 Wink
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