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Author Topic: Bitcoin is dead  (Read 3653 times)
DeadCoin (OP)
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August 23, 2014, 07:04:41 PM
 #1

Wake up people already. Bubble can't last much longer, it's game over. You can sell at $500 and get any value out of it, or wait until it goes to zero. Ask yourself, would you rather own 500 dollars (backed by US military and economy) or one Bitcoin (backed by nothing but speculation and held by obscure early miners and adopters). It's so obvious but people always become blind during the mania. If cryptocurrency was ever to live, it wouldn't be bitcoin. Nations can create their own cryptocurrencies, and then your "algorithm agenda" goes down the toilet. Algorithm is basically useless, since it can easily be recreated. Price of bitcoin is nothing but speculative bubble with no fundamentals.
dropt
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August 23, 2014, 07:07:52 PM
 #2


^^^--Thread starter
bigasic
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August 23, 2014, 07:11:59 PM
 #3


^^^--Thread starter

Im sorry, but that was funny... But to respond to the  op, Dont you realize that there are hundreds of millions in VC money? yes, countries can make their own alt coin, but they will have a tough time to get everyone to accept it. Bitcoin was the first and the rest imitators. Im sure Freddie mac will have their own alt coin very soon, but It wont effect the bitcoin world..

The bitcoin will be very volitile for years, I think. Wait til the infrastructure gets built up, then watch out..

Im sure im talking on deaf ears...
EricTyle
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August 23, 2014, 07:13:03 PM
 #4

Wake up people already. Bubble can't last much longer, it's game over. You can sell at $500 and get any value out of it, or wait until it goes to zero. Ask yourself, would you rather own 500 dollars (backed by US military and economy) or one Bitcoin (backed by nothing but speculation and held by obscure early miners and adopters). It's so obvious but people always become blind during the mania. If cryptocurrency was ever to live, it wouldn't be bitcoin. Nations can create their own cryptocurrencies, and then your "algorithm agenda" goes down the toilet. Algorithm is basically useless, since it can easily be recreated. Price of bitcoin is nothing but speculative bubble with no fundamentals.

Countries have tried. They've all flopped.

AuroraCoin? CzechCrownCoin?

http://www.coindesk.com/coindesk-guide-worlds-national-altcoins/

They're all doing so well! So much for our 'algorithm agenda'-

Ultros
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August 23, 2014, 07:16:27 PM
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Milkcookie
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August 23, 2014, 07:16:36 PM
 #6

the posted pic is not funny at all it's not the fault of the kid that he is retarded  Undecided
Octavius
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August 23, 2014, 07:25:31 PM
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the posted pic is not funny at all it's not the fault of the kid that he is retarded  Undecided

I agree, immature and no respect for the people.
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August 23, 2014, 07:26:57 PM
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Ignore list is my friend OP!
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August 23, 2014, 07:29:23 PM
 #9

I started with Bitcoin 4 years ago. At that time it could be used on a handful of sites.

Now I spend more with bitcoins than I do with fiat. Pulling out my credit card when buying something online is very rare.

Price != Bitcoin

Start using it, the price is irrelevant.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
trader001
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August 23, 2014, 07:30:11 PM
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the posted pic is not funny at all it's not the fault of the kid that he is retarded  Undecided

I agree.

totally immature and no respect for the people.

Actually, I think it is the TV show trying to make fun of the kid.

Why put the kid under national spotlight?
dropt
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August 23, 2014, 07:30:40 PM
 #11

it's not the fault of the kid that he is retarded  Undecided

I agree, which is why I didn't state it's OP's fault he's mentally deficient.  

PS:  The word 'retarded' is considered offensive these days.  Please be considerate to those less fortunate than  yourself.
DeadCoin (OP)
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August 23, 2014, 07:35:07 PM
 #12

the posted pic is not funny at all it's not the fault of the kid that he is retarded  Undecided

I agree, immature and no respect for the people.

Don't worry. I don't have a Down syndrome, but most bitcoin investors probably do. How else would you explain buying at $1000 or $800, and expecting price to go as high as $25 000 without fundamentals? Only fundamentals I see in bitcoin are fundaMentals.
Wilhelm
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August 23, 2014, 07:43:02 PM
 #13

the posted pic is not funny at all it's not the fault of the kid that he is retarded  Undecided

I agree, immature and no respect for the people.

The difference between the threadstarter and the kid.

The kid was born that way and can't do anything about it.
The threadstarter chooses to be a retard.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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August 23, 2014, 07:47:47 PM
 #14

Ask yourself, would you rather own...backed by US military...or...backed by...adopters.

Why are you here?  Shouldn't you be out working to pay taxes and keep the war machine alive?

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..PLAY NOW..
esse83
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August 23, 2014, 07:51:43 PM
 #15

I started with Bitcoin 4 years ago. At that time it could be used on a handful of sites.

Now I spend more with bitcoins than I do with fiat. Pulling out my credit card when buying something online is very rare.

Price != Bitcoin

Start using it, the price is irrelevant.

If the price is $0, still irrelevant? How can you use it then. So price not irrelevant? Claiming that the purchasing power of bitcoin is meaningless is a silly statement.

“Bitcoin is wild and crazy investment that I’m diversifying out of all the time,” - Gavin Andresen
cookmac
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August 23, 2014, 07:53:25 PM
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Bitcoin clearly isn't dead. Man speculation sub gets worse and worse.
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August 23, 2014, 07:53:48 PM
 #17

I started with Bitcoin 4 years ago. At that time it could be used on a handful of sites.

Now I spend more with bitcoins than I do with fiat. Pulling out my credit card when buying something online is very rare.

Price != Bitcoin

Start using it, the price is irrelevant.

If the price is $0, still irrelevant? How can you use it then. So price not irrelevant? Claiming that the purchasing power of bitcoin is meaningless is a silly statement.

If the price is $0 it can also mean that the dollar is dead.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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August 23, 2014, 08:19:32 PM
 #18

The falliiing followers are increasing but I'm with my howl religion I won't sell my precious bitcoins, ever.
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August 23, 2014, 08:32:30 PM
 #19

Some of these trolls have got to be paid shills. Tinfoil 8-ball says attempts to spread panic and lower the price for the purpose of cheap accumulation.

Look inside yourself, and you will see that you are the bubble.
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August 23, 2014, 08:39:54 PM
 #20

It is an interesting question, what actually is the motivation to register here and start a thread like this?

Who is behind these accounts and what are they attempting to do?

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