What a difference half a year makes...

[Ibian]

The reason "shame" works is that the PC crowd use it themselves, as a primary "debate" tactic. They can't openly oppose it.

Your other suggestions don't work because then they can point and say "See, even the cultists call it bad/a bubble!". No that doesn't make sense, but the kinds of people this site is for and the readership that follow them don't use logic.

[okthen]

I'm a little bit confused here though... Wasn't the $1000+ a bubble? And isn't Bitcoin volatile currently?

I think what the guy was insinuating was that bitcoin in itself is a bubble.
Not referring to the temporary high values.
Glad he's changing opinion. So subtle, and yet so telling

[cooldgamer]

Half a year is an eternity in BTC, wonder what took him so long to change his mind

[Junko]

Re: bitsofshame website idea, be sure to add video clips (separate clips for each person and/or a monatge) of the bit-idiots spouting their ignorance on tv to each of their blurbs as well. The conviction on their faces as they poo-poo bitcoin just adds to the pricelessness.

Some good examples in this video: https://www.youtube.com/watch?v=G314jRumV_8&index=41&list=PL28BA397BA32231A0

Can also show the progression of their gradual backpedaling as well to drive home just how full of sh!t they are.

[spazzdla]

Krugman has a NB prize..

Obama has a NB prize.. he goes around slaughter 1000's a day............... A peice price?  Only a moron things the NB prizes mean anything any more, only a moron.

Al gore gets one for a Fing speach on global warming.. himself being a large problem... instead of a woman that saved 1000's from the nazis.. like I said.. only a moron.

Last year they gave one to the European Union. It's a fucking joke. Newton's rolling over in his grave.

That was the peace Nobel prize, not the economics one. The former is well deserved imo (hey, 60 years without wars on our continent is kind of a big deal), the latter would have been a joke.

........................................... ..................... are you serious right now?  I can't.. the argument types people use...  What country could of possible attacked NA in the past 60 years... Do you remeber what happend to Japan?

All Nobel prizes are a Fing joke.

[Wary]

"The economics profession is the only field where two people can win the Nobel Prize for saying the exact opposite thing."

[oda.krell]

Krugman has a NB prize..

Obama has a NB prize.. he goes around slaughter 1000's a day............... A peice price?  Only a moron things the NB prizes mean anything any more, only a moron.

Al gore gets one for a Fing speach on global warming.. himself being a large problem... instead of a woman that saved 1000's from the nazis.. like I said.. only a moron.

Last year they gave one to the European Union. It's a fucking joke. Newton's rolling over in his grave.

That was the peace Nobel prize, not the economics one. The former is well deserved imo (hey, 60 years without wars on our continent is kind of a big deal), the latter would have been a joke.

........................................... ..................... are you serious right now?  I can't.. the argument types people use...  What country could of possible attacked NA in the past 60 years... Do you remeber what happend to Japan?

All Nobel prizes are a Fing joke.

I'm sure there was some kind of sentence in there, but try as I might, I can't discover it.

Want to give it another shot?

[Swordsoffreedom]

Yeah, I hate these douche bags that just backpedal instead of just admitting they were wrong.  And boy, how wrong they are going to be.

Nice tracking work oda and I agree with torque that is how a douchebag moves.

It is only a matter of time till he becomes a bull, in other words this is how you backpedal.
It makes it seem like you know what your talking about when just making it up as you go.
Bitcoin is a Bubble oh wait Bitcoin is boring nvm Bitcoin is interesting hehe.

[smoothie]

Ladies and gentlemen, I present to you Mr. Bob Shiller, Nobel prize laureate in economics of 2013.

Here's him, in a statement in January 2014, at a Davos conference:




And here he is again, less than half a year later, in an interview with Forbes (link)




Notice how you do it? Never admit you were wrong, always gradually backpedal. From "It's a bubble, and not that interesting.", to "It's pretty interesting, but still needs lots of work to become usable". Expect "It's going to revolutionize the financial world, and I _TOLD_ you so years ago." anytime soon...

JorgeStolfi, maybe a role model for you as well? ^__^

And that is how douchebags do it. Make a claim, have their claim back fire then slowly backpedal like a wussy.

"oh no can't be proven wrong now" 

[smoothie]

Watch in a year he will be "BITCOIN IS AWESOME...TO DA MOOON!" lol 

[cryptnutter]

For some reason I think in half a year there will be people around saying "$2000 was definitely the top, price is going to collapse to $1500" and on and on and on 

[nwfella]

Yeah.  This fella definitely has the twat-waffle back pedal move down to a tee.

Hoping to see $1500-$1600/btc by years end personally

[zimmah]

the average Bitcoiner will tell you " go fuck your self" and will add " what this PHD holder and nobel winner know about economics", in fact Bitcoin price is a bubble but it doesn't mean that it will die, but it will settle and start a normal growth when it hits the real economy... see the bubble was because of the small userbase but when the user base is bigger and market is bigger it will harder to move the price 10X a year.

look at the weekly chart:




life cycle of a bubble

Maybe so, but the only way for bitcoin to have more users is for the price of bitcoin to rise. Since the number of bitcoin is limited, the only way to have more users is by increasing the value if bitcoins. Therefore once we have a large user base we will already have a strong bitcoin price.

[wachtwoord]

the average Bitcoiner will tell you " go fuck your self" and will add " what this PHD holder and nobel winner know about economics", in fact Bitcoin price is a bubble but it doesn't mean that it will die, but it will settle and start a normal growth when it hits the real economy... see the bubble was because of the small userbase but when the user base is bigger and market is bigger it will harder to move the price 10X a year.

I believe you underestimate the number of PhDs in the Bitcoin community.

[Carra23]

Sober, banker types? Yes, they have done so much good these nice bankers.

[JimboToronto]

Sober, banker types? Yes, they have done so much good these nice bankers.

[mmitech]

the average Bitcoiner will tell you " go fuck your self" and will add " what this PHD holder and nobel winner know about economics", in fact Bitcoin price is a bubble but it doesn't mean that it will die, but it will settle and start a normal growth when it hits the real economy... see the bubble was because of the small userbase but when the user base is bigger and market is bigger it will harder to move the price 10X a year.

I believe you underestimate the number of PhDs in the Bitcoin community.

I don't, when you own Bitcoin the greed owns you, regardless of the education, I've seen very few reasonable people around here, people who talk some-sense and are not a perma-bull or a perma-bear all the time, people who openly and objectively talk about issues Bitcoin is facing.

[wachtwoord]

the average Bitcoiner will tell you " go fuck your self" and will add " what this PHD holder and nobel winner know about economics", in fact Bitcoin price is a bubble but it doesn't mean that it will die, but it will settle and start a normal growth when it hits the real economy... see the bubble was because of the small userbase but when the user base is bigger and market is bigger it will harder to move the price 10X a year.

I believe you underestimate the number of PhDs in the Bitcoin community.

I don't, when you own Bitcoin the greed owns you, regardless of the education, I've seen very few reasonable people around here, people who talk some-sense and are not a perma-bull or a perma-bear all the time, people who openly and objectively talk about issues Bitcoin is facing.

Really? I've seen many. Must be your join date

[mmitech]

the average Bitcoiner will tell you " go fuck your self" and will add " what this PHD holder and nobel winner know about economics", in fact Bitcoin price is a bubble but it doesn't mean that it will die, but it will settle and start a normal growth when it hits the real economy... see the bubble was because of the small userbase but when the user base is bigger and market is bigger it will harder to move the price 10X a year.

I believe you underestimate the number of PhDs in the Bitcoin community.

I don't, when you own Bitcoin the greed owns you, regardless of the education, I've seen very few reasonable people around here, people who talk some-sense and are not a perma-bull or a perma-bear all the time, people who openly and objectively talk about issues Bitcoin is facing.

Really? I've seen many. Must be your join date

where are they now ? and you are surely not one of them

[600watt]

Yes, many "experts" and journalists could use some bitcoin education. imho this should be done in a friendly manner.  those who do not want to engage in some dialogue can still get pilloried...