Best stupid quotes about bitcoin

[ploum]

We hear a lot valid criticism about bitcoin. But, often, the people speaking simply have no clue and the more stupid it sounds, the more they are convinced.

Let's keep those memorable quotes in this thread.


I start:

the plot thickens. but seriously guys, if you have a ps3, change your bank account, im 99% sure bitcoin mining is decrypting it!

source https://twitter.com/#!/danielfrancis_/statuses/68769005971832832

[NghtRppr]

In before kiba moves this thread!

[wareen]

Here's my favorites from the OCN thread (which happened to be allowed to remain in the bitcoin discussion section):

There's really no incentive considering they are likely just going to jack all of your data and/or add your PC to a botnet. Any client you have to run with a BAT is obviously not refined to any sort of acceptable programming standard.

Even more that you don't even know what they are actually doing on your GPU.
If they have access to your GPU and your internet, what tells you that they aren't playing in your computer ?

Can we PLEASE stop talking about the motives behind bitcoin. Whatever it is, WE DON'T KNOW.

And from psy's sig:

So in other words this is a strange currency generated out of thin air by wasting electricity...

[mewantsbitcoins]

In before kiba moves this thread!

Would be funny if it wasn't sad 

[AtlasONo]

Part of the reason I use BTC is that it's environmentally friendly

[MoonShadow]

Part of the reason I use BTC is that it's environmentally friendly

That one is true, in a relative sense.  Can a quote be stupid if it's also accurate?

[Danube]

Part of the reason I use BTC is that it's environmentally friendly

That one is true, in a relative sense.  Can a quote be stupid if it's also accurate?

Has anyone infos on how environmentally "friendly" it is to mint money, transport it, the whole industry around it, etc.?

Would be interessting to know when the crossover point will be between energy cost of ordinary money and bitcoin (if there is any).

[The Script]

"You can price in terms of vegetables or in terms of anything that is a consumer good, or a producer good.  But bitcoin is neither of those."

[ryepdx]

Would be interessting to know when the crossover point will be between energy cost of ordinary money and bitcoin (if there is any).

The awesome thing is that bitcoins can probably always become more environmentally friendly, if need be. At our most efficient/"environmentally friendly" we would all be running noiseless machines plugged into solar panels.

[ArsenShnurkov]

noiseless machines plugged into solar panels

...in high orbit around the Earth

[mewantsbitcoins]

noiseless machines plugged into solar panels

...in high orbit around the Earth

or we could even try using solar sail

[edd]

noiseless machines plugged into solar panels

...in high orbit around the Earth

or we could even try using solar sail

+1

Space exploration could pay for itself. At least until all bitcoins have been mined.

[mewantsbitcoins]

edd, you are forgetting tx fees - it could pay for itself FOREVER

[edd]

edd, you are forgetting tx fees - it could pay for itself FOREVER

Yes and no. I did forget about the possibility of providing that service, but I think its practicality will wane as its distance from us increases. Even at light speed, it will eventually be out of range. Unless you can solve the FTL problem.

[cizatext]

That bitcoin is a bubble that will burst and I ask my self if bitcoin is a bubble then it should have bursted long ago, bitcoin is not a scheme unlike ponzi scheme, bitcoin is a currency a digital currency that is use for online payment and bitcoin is also the digital gold is price in the exchange market is very high and volatile.

[hh4mmm]

We hear a lot valid criticism about bitcoin. But, often, the people speaking simply have no clue and the more stupid it sounds, the more they are convinced.

Let's keep those memorable quotes in this thread.


I start:

the plot thickens. but seriously guys, if you have a ps3, change your bank account, im 99% sure bitcoin mining is decrypting it!

source https://twitter.com/#!/danielfrancis_/statuses/68769005971832832

yes mates

that is really truth about the fact... some people keeps on talking all jagons about crypto and bitcoin but the same time they keeps on getting more profuse about it.
such people are always afraid of going into it.

[dohh]

We hear a lot valid criticism about bitcoin. But, often, the people speaking simply have no clue and the more stupid it sounds, the more they are convinced.

Let's keep those memorable quotes in this thread.


I start:

the plot thickens. but seriously guys, if you have a ps3, change your bank account, im 99% sure bitcoin mining is decrypting it!

source https://twitter.com/#!/danielfrancis_/statuses/68769005971832832

Here we go: " I now predict Bitcoin at $1 million by the end of 2020. I will still eat my dick if wrong." John McAfee.
Cant beat that:)

[dohh]

“[Bitcoin] is a remarkable cryptographic achievement… The ability to create something which is not duplicable in the digital world has enormous value…Lot’s of people will build businesses on top of that.”

E. Schmidt

This wasnt so miserable, if it was not said by Executive Chairman of Google, but a cleaning staff at airport for instance.

[Agilth@mail.ru]

on my question how bitcoin look like my friend said it must look like an old pirate coin. I don't know why, but for me it was funny.

[Dean Collins]

Stay away from him. This is essentially a mirage. Warren Buffett