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[Devin Chow]

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[Chuckee]

A bullshit prediction based essentially on a "gut feeling" with a side of homophobia. Welcome to my ignore list.

[MNDan]

A bullshit prediction based essentially on a "gut feeling" with a side of homophobia. Welcome to my ignore list.

LOL at Chuckee adding someone to HIS ignore list.

[derpinheimer]

So, are you calling the bottom, or just saying if we end today up,tomorrow will be up a few more bucks too?

I also think there is more rising to do before we get some nice fear going and big dumps.

[MoreFun]

So, are you calling the bottom, or just saying if we end today up,tomorrow will be up a few more bucks too?

I also think there is more rising to do before we get some nice fear going and big dumps.

Why we would need big dumps? We already had "medium" ones like 500 - 1500 coins today. There were not much big dumps lately, problem was they were smaller but very frequent.

[Hyena]

A bullshit prediction based essentially on a "gut feeling" with a side of homophobia. Welcome to my ignore list.

LOL at Chuckee adding someone to HIS ignore list.

+1 made my day

[MoreFun]

The people on here that don't believe anyone would want to use Bitcoin as their main source of currency have never lived in the third world where currencies devalue 20% or more a year, every year. This is where my faith in BTC comes from. There is major potential in these markets.

This may be the end goal, but we won't win it by preaching this idea cause it won't be possible for many years. BTC at the moment needs to solve and be good in solving smaller ideas and that way we will go further and further. This will be a process. We won't reach currency idea in one year.  

[Rat_Poison]

The people on here that don't believe anyone would want to use Bitcoin as their main source of currency have never lived in the third world where currencies devalue 20% or more a year, every year. This is where my faith in BTC comes from. There is major potential in these markets.

I'm beginning to wonder if you're a troll whose strategy is to mock the bulls?

Have you lived in a third world country? I spent months in the horn of africa, and very few of those people have any appreciable savings, aside from their home and livestock (if they're fortunate). you think they're going to put it into a currency that loses 70% a year like bitcoin in 2014? 

Are you for real?

[inca]

A bullshit prediction based essentially on a "gut feeling" with a side of homophobia. Welcome to my ignore list.

LOL at Chuckee adding someone to HIS ignore list.

Oh the irony.

[touhonoob]

I already know of several people in Buenos Aires, Argentina, that used to buy USD for savings, that are now buying BTC instead.

Caracas, Venezuela, also.

The "masses" don't need to start doing this to really start affecting the price of BTC. If 1/10 of the people in Argentina that buy dollars start buying BTC instead, holy fuck. 1/2? *HOLY* fuck.

This is only ONE country, in a world full of countries with very serious currency devaluation concerns.

People who can't see this need to get a passport and venture outside of their US/EU bubble.

I've said it once, and I'll keep saying it: Bitcoin's future is in the developing world.

Once a single country use Bitcoin as their Fiat.
We are going to the Mars   

[inca]

The people on here that don't believe anyone would want to use Bitcoin as their main source of currency have never lived in the third world where currencies devalue 20% or more a year, every year. This is where my faith in BTC comes from. There is major potential in these markets.

I'm beginning to wonder if you're a troll whose strategy is to mock the bulls?

Have you lived in a third world country? I spent months in the horn of africa, and very few of those people have any appreciable savings, aside from their home and livestock (if they're fortunate). you think they're going to put it into a currency that loses 70% a year like bitcoin in 2014? 

Are you for real?

Have you heard of mpesa?

[BrewCrewFan]

A bullshit prediction based essentially on a "gut feeling" with a side of homophobia. Welcome to my ignore list.

Homophobia?

I'm sorry, I didn't realize making gay jokes constituted "homophobia".

What has happened to this most recent generation? I know, I know..you're too cool and tolerant to make "insensitive" jokes.

Grow some balls, jackass.

I know right. These kids now a days let little shit get to them and are always looking to be a victim and offended by something.

[Rat_Poison]

Congrats, you lived as an NGO or Peace Corps volunteer.

You do realize that not all of the "third world" is living in rural Africa, dying of hunger, right?

Economies like Vietnam, Thailand, Argentina, The Phillippines, India, Brazil all have a growing middle class. Some growing quicker than others, but nonetheless they are growing. With this growth comes major potential for people that don't want to see their savings eaten up by governmental currency factors outside of their control. A globally recognized currency/commodity can provide MUCH more stability than their native currencies.

I really have to question your intentions here, "Rat_Poison". Do you ever have anything positive to say about...well, anything?

It's incredibly obvious that you must have lost a lot of money thinking you could "trade" bitcoin effectively.

Do us all a favor and go use that rage towards something constructive...because your anger towards everything and anything is just annoying.

I wasn't an NGO or a Peace Corps Volunteer, I was living there for several months as part of my telecommunications business. I have also traveled extensively thanks to the wealth I've built through my lifetime. I built that wealth by avoiding mirages and flash in the pans like bitcoin. My travels have taken me to many countries in central asia, Africa, and the Middle East, where I've experienced the lifestyle of the locals.

Most of these people don't have appreciable savings, they live day by day and as I said, most of their wealth is tied up in their home or other illiquid assets. They're not dumb enough to put what little they have in an unregulated currency. If they had done it this year, scores would surely have starved to death!

It's easy for you to sit behind your computer in your plush college dorm room or wherever and tell everyone that bitcoin is the answer for the unbanked of the third world. What an ego. You think you know what's better for these people than they know themselves? If they have any money to spare, they'll buy euros or dollars, or put it in precious minerals. Not bitcoin.

I don't trade bitcoin. I bought some during the spring 2013 rally, and sold while we were above $600, thanks to the wise advice of fallling and his associates. And I didn't buy much for that matter, so I could really give a shit.

This place needs some objectivity to counter the unbridled, and baseless enthusiasm of the bulls.

[Chuckee]

A bullshit prediction based essentially on a "gut feeling" with a side of homophobia. Welcome to my ignore list.

Homophobia?

I'm sorry, I didn't realize making gay jokes constituted "homophobia".

What has happened to this most recent generation? I know, I know..you're too cool and tolerant to make "insensitive" jokes.

Grow some balls, jackass.

I know right. These kids now a days let little shit get to them and are always looking to be a victim and offended by something.

It's not even about being offended. Essentially, if you disagree with OP then "you're gay". That really shows the maturity level and sophistication of bitcoin fanatics.

[Rat_Poison]

I speak fluent Arabic as part of my business and my military background, but it's awesome that you know everything about me, just as you know what's best for the third world!

And if anyone is bitter here, it sounds like you. Have you ever left your country before? You don't exactly need to be filthy rich to travel extensively over a span of several years. But I guess *you're* the expert because you read a coindesk article 

I come here for amusement and to warn others about what they're getting in to. I have no doubt that others are reading these conversations and having doubts about the feasibility of an unregulated currency that dropped 70% this year, and nobody outside of this circle really has any interest.

That's what I do. And I can sleep soundly at night knowing that I've saved one more person from financial ruin.

[dropt]

[...] my military background, [...]

Probability of you being of below average intelligence with a inflated sense of self worth just went through the roof.

I come here for amusement and to warn others about what they're getting in to. I have no doubt that others are reading these conversations and having doubts about the feasibility of an unregulated currency that dropped 70% this year, and nobody outside of this circle really has any interest.

Said every knob with a username like yours that's come through here in the past two years while I've witnessed multiple people realize thousand percent positive gains.

That's what I do. And I can sleep soundly at night knowing that I've saved one more person from financial ruin.

   Probability of my first statement just increased again!

[Rat_Poison]

The people on here that don't believe anyone would want to use Bitcoin as their main source of currency have never lived in the third world where currencies devalue 20% or more a year, every year. This is where my faith in BTC comes from. There is major potential in these markets.

I'm beginning to wonder if you're a troll whose strategy is to mock the bulls?

Have you lived in a third world country? I spent months in the horn of africa, and very few of those people have any appreciable savings, aside from their home and livestock (if they're fortunate). you think they're going to put it into a currency that loses 70% a year like bitcoin in 2014?  

Are you for real?

Have you heard of mpesa?

Ok, now that I'm done with that other dummy, it's time to circle back to this one.

M-Pesa is issued by a central agency and pegged to the national currency on a 1:1 basis. Biiiiig difference.

Kenyans can count on their money retaining its value. Bitcoin users can't, and if a poor soul living in Kenya had bought bitcoins this year rather than M-Pesa, he and his family may have starved to death!

[Rat_Poison]

I can almost hear the gears slowly creaking in your heads as you consider how you're going to respond to my arguments. That's why I love this place! Debating here is akin to a heavy weight boxing match between Mike Tyson and Pee Wee Herman.

It's so easy!

[inca]

The people on here that don't believe anyone would want to use Bitcoin as their main source of currency have never lived in the third world where currencies devalue 20% or more a year, every year. This is where my faith in BTC comes from. There is major potential in these markets.

I'm beginning to wonder if you're a troll whose strategy is to mock the bulls?

Have you lived in a third world country? I spent months in the horn of africa, and very few of those people have any appreciable savings, aside from their home and livestock (if they're fortunate). you think they're going to put it into a currency that loses 70% a year like bitcoin in 2014?  

Are you for real?

Have you heard of mpesa?

Ok, now that I'm done with that other dummy, it's time to circle back to this one.

M-Pesa is issued by a central agency and pegged to the national currency on a 1:1 basis. Biiiiig difference.

Kenyans can count on their money retaining its value. Bitcoin users can't, and if a poor soul living in Kenya had bought bitcoins this year rather than M-Pesa, he and his family may have starved to death!

Yes, if someone hypothetically in Kenya had bought bitcoin at the top of the last bubble they would have lost money. It is volatile. Noone is suggesting it will immediately take over the role of fiat currency for working capital of the ultra poor. But it is likely to become a modern digital gold in the coming years, both trading as a commodity on the markets, accessible by ETF, but also useful as a transactional global currency by the poorest in africa.

Try and see the bigger picture if you dare.

[bigasic]

I hope we have hit bottom.. I don't think my nerves could handle another bear run. I would  like to see us get above 400 and slowly creep upward. This bear session is for them, the bears, lol...