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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1806914 times)
BlindMayorBitcorn
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September 29, 2014, 02:52:23 AM
 #12901

You gotta still love gold.

Fuck it, that crashes next

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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NotLambchop
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September 29, 2014, 02:53:53 AM
 #12902

Who are these hired guns working for?

The Gubirmint?
Teh Banksters?
Our Beneficent Reptilian Overlords(long may They reign!)??

At least include some of those cute pictures with your comments like you do in the Wall Observer thread.



K.



aw now, look at the little baby who has to throw out 4 letter words b/c he's angry.

brg444
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September 29, 2014, 02:54:49 AM
 #12903

Ideas are ideas. They don't have to be original. In fact they never are. I'm saying that the consumer has no insentive to use bitcoin. That's all. It's a fascinating tool that got caught up in a speculative bubble. The dollar doesn't crash on a daily basis

consumer have no incentives to use gold. yet it has a 5-6 trillion market cap

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
BlindMayorBitcorn
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September 29, 2014, 02:55:41 AM
 #12904

Ideas are ideas. They don't have to be original. In fact they never are. I'm saying that the consumer has no insentive to use bitcoin. That's all. It's a fascinating tool that got caught up in a speculative bubble. The dollar doesn't crash on a daily basis

consumer have no incentives to use gold. yet it has a 5-6 trillion market cap

Gold bubble

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
brg444
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September 29, 2014, 02:59:02 AM
 #12905

Ideas are ideas. They don't have to be original. In fact they never are. I'm saying that the consumer has no insentive to use bitcoin. That's all. It's a fascinating tool that got caught up in a speculative bubble. The dollar doesn't crash on a daily basis

consumer have no incentives to use gold. yet it has a 5-6 trillion market cap

Gold bubble

So I understand you do not value any investement that can be used as an hedge to the fiat economy house of cards ?

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
NotLambchop
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September 29, 2014, 02:59:53 AM
 #12906

Ideas are ideas. They don't have to be original. In fact they never are. I'm saying that the consumer has no insentive to use bitcoin. That's all. It's a fascinating tool that got caught up in a speculative bubble. The dollar doesn't crash on a daily basis

consumer have no incentives to use gold. yet it has a 5-6 trillion market cap

What's your point?  Gold has a few thousand years worth of history on BTC, but if you're arguing that it's an anachronism, sure.
brg444
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September 29, 2014, 03:03:08 AM
 #12907

Ideas are ideas. They don't have to be original. In fact they never are. I'm saying that the consumer has no insentive to use bitcoin. That's all. It's a fascinating tool that got caught up in a speculative bubble. The dollar doesn't crash on a daily basis

consumer have no incentives to use gold. yet it has a 5-6 trillion market cap

What's your point?  Gold has a few thousand years worth of history on BTC, but if you're arguing that it's an anachronism, sure.

My point is Bitcoin, fundamentally, challenges gold as a decentralised store of value.

History for that matter, is the only thing Gold has going for it at this point.

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
NewLiberty
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September 29, 2014, 03:04:10 AM
 #12908

Ideas are ideas. They don't have to be original. In fact they never are. I'm saying that the consumer has no insentive to use bitcoin. That's all. It's a fascinating tool that got caught up in a speculative bubble. The dollar doesn't crash on a daily basis

You may say that consumers have no insentive (sic) to use bitcoin.
Consumers may disagree.



We can debate theories as to why this is true, and what incentives consumers may have, but it is never the less true that they are increasingly using bitcoin transactionally.

Economists tend to work for governments, state universities, or depend on grants from government.  There are few governments that have figured out how great bitcoin and its openness are for their interests, so we should expect them to be behind the curve.  
They will catch up, once they can observe and make theories after the fact.  Give them a few years, the game is changing out from under them.

Obviously no one is worried about economic collapses, bank failures and such.  Certainly not someone who has worked for the government most of his life, handled foreign relations, counter-terrorism intelligence, best selling author, and consults for and with the 5 eyes regularly.

Or can we?
https://www.youtube.com/watch?v=tQBia1Mw9Vw

Huh, I guess we can.  Maybe you'd better go let him know how crazy he is.

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
cypherdoc
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September 29, 2014, 03:05:24 AM
 #12909

Who are these hired guns working for?

The Gubirmint?
Teh Banksters?
Our Beneficent Reptilian Overlords(long may They reign!)??

At least include some of those cute pictures with your comments like you do in the Wall Observer thread.



K.



aw now, look at the little baby who has to throw out 4 letter words b/c he's angry.



you and all your baby pictures.
NotLambchop
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September 29, 2014, 03:15:05 AM
 #12910

... the fiat economy house of cards ?

You silly sheep.  Your life is a house of cards.  You think that you've stripped off the veil and stolen a glimpse of Truth's sweet sweet ass.
You goof!  
Sure, your government, owned by the banksters, who are the brood of the poison bloodline, The Bitch Of The Rosy Cross and The Faggot Knight Templar, AKA The Lizzard RothChilds, wants you for your wool, and an occasional lamb chop.

But don't think that just 'coz you learned The Truth, you suddenly are a lion.

No.  
You're not a lion, brg444.  You're still a sheep, and sheepses that stray from their herd get eaten by smarter, stronger animals with claws and pointy canines.  Right away.  
Now stand still so I can count you, I need some zzzzs.
brg444
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September 29, 2014, 03:17:32 AM
 #12911

... the fiat economy house of cards ?

You silly sheep.  Your life is a house of cards.  You think that you've stripped off the veil and stolen a glimpse of Truth's sweet sweet ass.
You goof!  
Sure, your government, owned by the banksters, who are the brood of the poison bloodline, The Bitch Of The Rosy Cross and The Faggot Knight Templar, AKA The Lizzard RothChilds, wants you for your wool, and an occasional lamb chop.

But don't think that just 'coz you learned The Truth, you suddenly are a lion.

No.  
You're not a lion, brg444.  You're still a sheep, and sheepses that stray from their herd get eaten by smarter, stronger animals with claws and pointy canines right away.  
Now stand still so I can count you, I need some zzzzs.

where do you find all this energy ?

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
NotLambchop
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September 29, 2014, 03:20:32 AM
 #12912

... the fiat economy house of cards ?

You silly sheep.  Your life is a house of cards.  You think that you've stripped off the veil and stolen a glimpse of Truth's sweet sweet ass.
You goof!  
Sure, your government, owned by the banksters, who are the brood of the poison bloodline, The Bitch Of The Rosy Cross and The Faggot Knight Templar, AKA The Lizzard RothChilds, wants you for your wool, and an occasional lamb chop.

But don't think that just 'coz you learned The Truth, you suddenly are a lion.

No.  
You're not a lion, brg444.  You're still a sheep, and sheepses that stray from their herd get eaten by smarter, stronger animals with claws and pointy canines right away.  
Now stand still so I can count you, I need some zzzzs.

where do you find all this energy ?

God gave some of us more energy, better looks, bigger cocks, and brainier brains.
It's not an egalitarian world, I'm afraid Undecided
cypherdoc
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September 29, 2014, 03:30:04 AM
 #12913

... the fiat economy house of cards ?

You silly sheep.  Your life is a house of cards.  You think that you've stripped off the veil and stolen a glimpse of Truth's sweet sweet ass.
You goof!  
Sure, your government, owned by the banksters, who are the brood of the poison bloodline, The Bitch Of The Rosy Cross and The Faggot Knight Templar, AKA The Lizzard RothChilds, wants you for your wool, and an occasional lamb chop.

But don't think that just 'coz you learned The Truth, you suddenly are a lion.

No.  
You're not a lion, brg444.  You're still a sheep, and sheepses that stray from their herd get eaten by smarter, stronger animals with claws and pointy canines.  Right away.  
Now stand still so I can count you, I need some zzzzs.

listen to this crazy loon.  and you have the gall to call me what?

son, everyone's laughing at you, i'm afraid.
cypherdoc
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September 29, 2014, 03:33:16 AM
 #12914

... the fiat economy house of cards ?

You silly sheep.  Your life is a house of cards.  You think that you've stripped off the veil and stolen a glimpse of Truth's sweet sweet ass.
You goof!  
Sure, your government, owned by the banksters, who are the brood of the poison bloodline, The Bitch Of The Rosy Cross and The Faggot Knight Templar, AKA The Lizzard RothChilds, wants you for your wool, and an occasional lamb chop.

But don't think that just 'coz you learned The Truth, you suddenly are a lion.

No.  
You're not a lion, brg444.  You're still a sheep, and sheepses that stray from their herd get eaten by smarter, stronger animals with claws and pointy canines right away.  
Now stand still so I can count you, I need some zzzzs.

where do you find all this energy ?

Quote

God gave some of us more energy, better looks, bigger cocks, and brainier brains.
It's not an egalitarian world, I'm afraid Undecided

bwahahaha.  i can tell you're worried.

heh, he gets his energy from being paid $5/hour. 
NotLambchop
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September 29, 2014, 03:34:46 AM
 #12915

... i can tell you're worried.

Should I be worried, cypherdoc?  Is it teh gubermint or the bankster?
cypherdoc
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September 29, 2014, 03:35:15 AM
 #12916

... i can tell you're worried.

Should I be worried, cypherdoc?

you are worried, MyLambChop.
NewLiberty
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September 29, 2014, 03:35:26 AM
 #12917

Ideas are ideas. They don't have to be original. In fact they never are. I'm saying that the consumer has no insentive to use bitcoin. That's all. It's a fascinating tool that got caught up in a speculative bubble. The dollar doesn't crash on a daily basis

consumer have no incentives to use gold. yet it has a 5-6 trillion market cap
Different reason though...
Why would I give up my hard to get shiny metal gold when merchants will take this stinky drug soaked fiat that has probably both been in a stripper's g-string?
Gresham's law.

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
Syke
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September 29, 2014, 03:39:24 AM
 #12918

The elephant in the room: consumers have almost no incentive to use bitcoin.
The common talking points are:
Low fees - The consumers pay no fees while using a credit card. They actually get rewards points back.
Privacy - As evidenced by a recent post, bitcoin offers little privacy out of the box. You need to go through hoops to achieve privacy. People who care enough to go through these hoops have better alternatives (like cash!), which are more foolproof.
Being your own bank - Few people want to take the risks associated with being a bank. It is more of a headache than a plus.
No consumer protection - No need to elaborate.
Distrust of the monetary policy - The volatility of bitcoin makes it useless as a store of value, and there are better and more reliable options to store your wealth. Few people buy into the tinfoil-hattery that the USD is about to crash.
There is simply no pragmatic answer to "Why should I buy bitcoin?"

I'll show you the why you're wrong in the first point. You'll have to solve the rest of why you're wrong on all of them by yourself.

* Rewards points are ~1%.
* Using bitcoin at gyft.com gives you 3%.

Winner: BITCOIN.

Buy & Hold
NotLambchop
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September 29, 2014, 03:42:01 AM
 #12919

... i can tell you're worried.

Should I be worried, cypherdoc?

you are worried, MyLambChop.

Your Lambchop?
Look, I'm sure you're a nice boy, but...
This kind of thing is always so awkward.
cypherdoc
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September 29, 2014, 03:45:58 AM
 #12920

... i can tell you're worried.

Should I be worried, cypherdoc?

you are worried, MyLambChop.

Your Lambchop?
Look, I'm sure you're a nice boy, but...
This kind of thing is always so awkward.

i'm sure it's lost on you that it's obvious to everybody that the only time you show up to post in this thread, today, all you do is attempt character assassination based on old news and then try to somehow tie it to Bitcoin's future.

you need to ask for a raise to motivate you to improve your tactics.
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