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eid
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 20, 2014, 10:13:35 AM |
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Their only value is that there are a few layers of gullible people who are willing to accept them as some form of payment. Hmmm, that sounds strangely like fiat. John is just an ignorant loud-mouth paid to spout his opinions to the public as if they were based on research and knowledge. Dear John. Go fuck yourself.
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Envrin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 20, 2014, 10:30:33 AM |
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Ok then John.... except this is 2014, not 2010. We now have companies like Newegg, Overstock, Expedia, Dell, and so on all accepting bitcoin.
So if all those people are idiots, ummm... yeah....
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Sindelar1938
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July 20, 2014, 10:36:53 AM |
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Statements like the above make it obvious that the OP really doesn't get bitcoin Some of us believe that fiat currencies are the ultimate ponzi schemes
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LiteCoinGuy
Legendary
Offline
Activity: 1148
Merit: 1014
In Satoshi I Trust
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 20, 2014, 12:20:20 PM |
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Statements like the above make it obvious that the OP really doesn't get bitcoin Some of us believe that fiat currencies are the ultimate ponzi schemes
there is alot need for more education. just be patient ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Xch4ng3
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July 20, 2014, 12:23:58 PM |
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Their only value is that there are a few layers of gullible people who are willing to accept them as some form of payment. Oh right, let's forget about the fact that there's no possibility of fraudelent transactions, losses to businesses because of these chargebacks, way lower processing fees and almost instant confirmation.
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TheDragonSlayer
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July 20, 2014, 01:14:22 PM |
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Their only value is that there are a few layers of gullible people who are willing to accept them as some form of payment. Oh right, let's forget about the fact that there's no possibility of fraudelent transactions, losses to businesses because of these chargebacks, way lower processing fees and almost instant confirmation. You forget about crime and hacker stealing wallet..
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cbeast
Donator
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Activity: 1736
Merit: 1010
Let's talk governance, lipstick, and pigs.
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 20, 2014, 01:26:27 PM |
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John admits to his ignorance about Bitcoin. It's been around for over 5 years. Would you go to a doctor that hasn't read any medical journals for over 5 years? He's wilfully ignorant and calls himself a finance writer. Oh yeah, it's a (faux) News Corp publication.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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boraf
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July 20, 2014, 01:51:59 PM |
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His assessment on confidence scheme is correct. That alone doesn't make it fake currency.
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cbeast
Donator
Legendary
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Activity: 1736
Merit: 1010
Let's talk governance, lipstick, and pigs.
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 20, 2014, 02:02:28 PM |
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His assessment on confidence scheme is correct. That alone doesn't make it fake currency. I don't know where you are from, but the American idiom of a "confidence scheme" is the intent to defraud. There is provably no such intent with Bitcoin.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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commandrix
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July 20, 2014, 02:17:13 PM |
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I'd say Bitcoin is about as "fake" as the dollar with fewer of the problems that come with having an inflationary currency and a government spending money it doesn't have. The U.S. government COULD pay off all its debt, but that would mean printing off so much money that the value of the dollar would never really recover. People are really using Bitcoin to buy and sell things and that means Bitcoin is a genuine medium of exchange.
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stompix
Legendary
Offline
Activity: 2996
Merit: 6554
Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 20, 2014, 02:20:34 PM |
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Isn't it about time we stop bothering with idiots who really don't get the whole picture?
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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commandrix
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July 20, 2014, 02:22:26 PM |
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Isn't it about time we stop bothering with idiots who really don't get the whole picture?
The problem is that those "idiots" are often rich and powerful men who are either politicians, or Wall Street types who have a tight relationship with politicians. So we pretty much have to deal with them by either educating them, or finding a way to work around them.
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Xch4ng3
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 20, 2014, 02:23:34 PM |
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Their only value is that there are a few layers of gullible people who are willing to accept them as some form of payment. Oh right, let's forget about the fact that there's no possibility of fraudelent transactions, losses to businesses because of these chargebacks, way lower processing fees and almost instant confirmation. You forget about crime and hacker stealing wallet.. 1. Encrypt your wallet. 2. Use 2FA if you're using an online service to hold your coins (which you shouldn't be doing anyway.) 3. Use something like Keyscrambler to avoid your keystrokes being monitered in the case of a keylogger trying to figure out your passphrase. 4. Don't download untrusted files and don't visit dodgy links. 5. Use a decent AV / anti-malware suite on your PC.
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BayAreaCoins
Legendary
Offline
Activity: 3962
Merit: 1250
Owner at AltQuick.com
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 20, 2014, 02:30:16 PM |
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Internet Pirate Money ftw! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FhwjsZ8u.jpg&t=665&c=SipY3Zq5GUG6rQ)
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Fiftysven
Newbie
Offline
Activity: 38
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 20, 2014, 02:36:57 PM |
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Hahahaha y give me more of that ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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BitcoinMillionaire
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 168
Merit: 100
Bling Bling
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 20, 2014, 02:37:04 PM |
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Woah woah, don't anyone say my precious coins are worthless! You clearly have never bathed in a tub filled with bitcoin!
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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Lauda
Legendary
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Activity: 2674
Merit: 2965
Terminated.
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 20, 2014, 02:37:33 PM |
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Is someone mad that they didn't buy into bitcoin at the right time? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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Bitcoinpro
Legendary
Offline
Activity: 1344
Merit: 1000
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 20, 2014, 02:42:26 PM |
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"Pro" is strictly a marketing term.
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WWW.FACEBOOK.COM
CRYPTOCURRENCY CENTRAL BANK
LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
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Beliathon
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 20, 2014, 03:27:43 PM |
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LOL New York Post. I wouldn't use that rag to line my cat litter box.
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