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Devin Chow (OP)
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October 07, 2014, 05:58:09 AM
Last edit: January 27, 2015, 09:18:42 AM by Devin Chow
 #1

..
DeadCoin
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October 07, 2014, 07:27:28 AM
 #2

I come back to these forums every few months just to look.

Always the same angry losers that lost money due to their own incompetence and impatience.

..and the same paid troll outsourcers in Pakistan and India spamming their nonsense.

I'm sorry, MatTheCat and others like him. But if you buy into ANYTHING anticipating a 1000% return and didn't consider that you could potentially lose 50% or more over the short term, I don't know what to tell you. You have no business investing at all. You might as well be in a casino. Casinos exist for people like you.

Apparently I'm a "bulltard", "cultist" and "bagholder". I'll keep doing what I do, which is to acquire as many BTC as possible through arbitrage and Bitcoin related businesses.

You guys keep doing what you do: Being angry and bitter because you didn't get rich overnight with your 1 BTC investment.

I'll be back in a few months. Enjoy the ride, everyone.



You got it wrong, this market IS the casino, if you think bitcoin is investing, you're delusional. And you have your priorities all mixed up, the goal is to acquire the most fiat possible, not btc.
Would you rather have 10 000 btc worth $5, or 5 btc worth $10 000?
tabnloz
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October 07, 2014, 07:34:29 AM
 #3

Quote
Would you rather have 10 000 btc worth $5, or 5 btc worth $10 000?

Great way to make your point.

I'll go with 5 btc worth $10000, you pelican.
DeadCoin
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October 07, 2014, 07:47:05 AM
 #4

Quote
Would you rather have 10 000 btc worth $5, or 5 btc worth $10 000?

Great way to make your point.

I'll go with 5 btc worth $10000, you pelican.

I meant 10 000 btc worth $5 all together, not $5 each, just in case someone got it wrong
tabnloz
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October 07, 2014, 07:55:54 AM
 #5

Quote
Would you rather have 10 000 btc worth $5, or 5 btc worth $10 000?

Great way to make your point.

I'll go with 5 btc worth $10000, you pelican.

I meant 10 000 btc worth $5 all together, not $5 each, just in case someone got it wrong

Even if that gets excused, you are framing the options to try and give your point credibility.


glub0x
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October 07, 2014, 09:08:52 AM
 #6

I come back to these forums every few months just to look.

Always the same angry losers that lost money due to their own incompetence and impatience.

..and the same paid troll outsourcers in Pakistan and India spamming their nonsense.

I'm sorry, MatTheCat and others like him. But if you buy into ANYTHING anticipating a 1000% return and didn't consider that you could potentially lose 50% or more over the short term, I don't know what to tell you. You have no business investing at all. You might as well be in a casino. Casinos exist for people like you.

Apparently I'm a "bulltard", "cultist" and "bagholder". I'll keep doing what I do, which is to acquire as many BTC as possible through arbitrage and Bitcoin related businesses.

You guys keep doing what you do: Being angry and bitter because you didn't get rich overnight with your 1 BTC investment.

I'll be back in a few months. Enjoy the ride, everyone.



You got it wrong, this market IS the casino, if you think bitcoin is investing, you're delusional. And you have your priorities all mixed up, the goal is to acquire the most fiat possible, not btc.
Would you rather have 10 000 btc worth $5, or 5 btc worth $10 000?
you do not want fiat you want purchasing power.
Would you rather have 5$ in fiat or btc in a world where a house cost 5$
or 10000 $ in fiat or btc in a world where a house cost 20 000$?
this market is the casino as much as anything else, even wages... you just change the odds and possible outcome.

The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactions

Satoshi Nakamoto : https://bitcoin.org/bitcoin.pdf
DeadCoin
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October 07, 2014, 09:57:11 AM
 #7

I come back to these forums every few months just to look.

Always the same angry losers that lost money due to their own incompetence and impatience.

..and the same paid troll outsourcers in Pakistan and India spamming their nonsense.

I'm sorry, MatTheCat and others like him. But if you buy into ANYTHING anticipating a 1000% return and didn't consider that you could potentially lose 50% or more over the short term, I don't know what to tell you. You have no business investing at all. You might as well be in a casino. Casinos exist for people like you.

Apparently I'm a "bulltard", "cultist" and "bagholder". I'll keep doing what I do, which is to acquire as many BTC as possible through arbitrage and Bitcoin related businesses.

You guys keep doing what you do: Being angry and bitter because you didn't get rich overnight with your 1 BTC investment.

I'll be back in a few months. Enjoy the ride, everyone.



You got it wrong, this market IS the casino, if you think bitcoin is investing, you're delusional. And you have your priorities all mixed up, the goal is to acquire the most fiat possible, not btc.
Would you rather have 10 000 btc worth $5, or 5 btc worth $10 000?
you do not want fiat you want purchasing power.
Would you rather have 5$ in fiat or btc in a world where a house cost 5$
or 10000 $ in fiat or btc in a world where a house cost 20 000$?
this market is the casino as much as anything else, even wages... you just change the odds and possible outcome.

True, but all goods, services, your wage and taxes are priced in fiat,
if you don't express btc in fiat you don't even know what your purchasing power is.
What is the purchasing power of 1 btc? Oh right, you need fiat number even to comprehend the meaning of 1 btc.

Your analogies are trivial and unrelated to my point in lame attempt to somehow justify the bitcoin.
spiderbrain
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October 07, 2014, 10:01:50 AM
 #8

Nice Post.
















(DeadCoin you are a retard)

sgbett
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October 07, 2014, 10:05:44 AM
 #9

I come back to these forums every few months just to look.

Always the same angry losers that lost money due to their own incompetence and impatience.

..and the same paid troll outsourcers in Pakistan and India spamming their nonsense.

I'm sorry, MatTheCat and others like him. But if you buy into ANYTHING anticipating a 1000% return and didn't consider that you could potentially lose 50% or more over the short term, I don't know what to tell you. You have no business investing at all. You might as well be in a casino. Casinos exist for people like you.

Apparently I'm a "bulltard", "cultist" and "bagholder". I'll keep doing what I do, which is to acquire as many BTC as possible through arbitrage and Bitcoin related businesses.

You guys keep doing what you do: Being angry and bitter because you didn't get rich overnight with your 1 BTC investment.

I'll be back in a few months. Enjoy the ride, everyone.



You got it wrong, this market IS the casino, if you think bitcoin is investing, you're delusional. And you have your priorities all mixed up, the goal is to acquire the most fiat possible, not btc.
Would you rather have 10 000 btc worth $5, or 5 btc worth $10 000?
you do not want fiat you want purchasing power.
Would you rather have 5$ in fiat or btc in a world where a house cost 5$
or 10000 $ in fiat or btc in a world where a house cost 20 000$?
this market is the casino as much as anything else, even wages... you just change the odds and possible outcome.

True, but all goods, services, your wage and taxes are priced in fiat,
if you don't express btc in fiat you don't even know what your purchasing power is.
What is the purchasing power of 1 btc? Oh right, you need fiat number even to comprehend the meaning of 1 btc.

Your analogies are trivial and unrelated to my point in lame attempt to somehow justify the bitcoin.

Yeah but nobody has a car/tv/telephone/computer...

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
*my posts are not investment advice*
DeadCoin
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October 07, 2014, 10:09:31 AM
 #10

I come back to these forums every few months just to look.

Always the same angry losers that lost money due to their own incompetence and impatience.

..and the same paid troll outsourcers in Pakistan and India spamming their nonsense.

I'm sorry, MatTheCat and others like him. But if you buy into ANYTHING anticipating a 1000% return and didn't consider that you could potentially lose 50% or more over the short term, I don't know what to tell you. You have no business investing at all. You might as well be in a casino. Casinos exist for people like you.

Apparently I'm a "bulltard", "cultist" and "bagholder". I'll keep doing what I do, which is to acquire as many BTC as possible through arbitrage and Bitcoin related businesses.

You guys keep doing what you do: Being angry and bitter because you didn't get rich overnight with your 1 BTC investment.

I'll be back in a few months. Enjoy the ride, everyone.



You got it wrong, this market IS the casino, if you think bitcoin is investing, you're delusional. And you have your priorities all mixed up, the goal is to acquire the most fiat possible, not btc.
Would you rather have 10 000 btc worth $5, or 5 btc worth $10 000?
you do not want fiat you want purchasing power.
Would you rather have 5$ in fiat or btc in a world where a house cost 5$
or 10000 $ in fiat or btc in a world where a house cost 20 000$?
this market is the casino as much as anything else, even wages... you just change the odds and possible outcome.

True, but all goods, services, your wage and taxes are priced in fiat,
if you don't express btc in fiat you don't even know what your purchasing power is.
What is the purchasing power of 1 btc? Oh right, you need fiat number even to comprehend the meaning of 1 btc.

Your analogies are trivial and unrelated to my point in lame attempt to somehow justify the bitcoin.

Yeah but nobody has a car/tv/telephone/computer...

car/tv/telephone/computer are priced in fiat...

oh, well I'm talking to a retards, I give up
maker88
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October 07, 2014, 11:28:06 AM
 #11

Quote
Would you rather have 10 000 btc worth $5, or 5 btc worth $10 000?

Great way to make your point.

I'll go with 5 btc worth $10000, you pelican.

I meant 10 000 btc worth $5 all together, not $5 each, just in case someone got it wrong

yeah someone got it wrong, you.
glub0x
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October 07, 2014, 12:32:47 PM
 #12


True, but all goods, services, your wage and taxes are priced in fiat,
if you don't express btc in fiat you don't even know what your purchasing power is.
What is the purchasing power of 1 btc? Oh right, you need fiat number even to comprehend the meaning of 1 btc.

Your analogies are trivial and unrelated to my point in lame attempt to somehow justify the bitcoin.
This is because for now fiat is more important. But things change.
The difference is that if poeple really wanted fiat in the first place bitcoin would not exist.
So what you want is purchasing power and means to keep it or transfer it.
Now we use fiat to price things, we will see how long that will hold.

The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactions

Satoshi Nakamoto : https://bitcoin.org/bitcoin.pdf
NotLambchop
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October 07, 2014, 12:53:51 PM
 #13

...
The difference is that if poeple really wanted fiat in the first place bitcoin would not exist.
...

And if people wanted Bitcoin, altcoins would not exist.

DeadCoin
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October 07, 2014, 12:55:34 PM
 #14


True, but all goods, services, your wage and taxes are priced in fiat,
if you don't express btc in fiat you don't even know what your purchasing power is.
What is the purchasing power of 1 btc? Oh right, you need fiat number even to comprehend the meaning of 1 btc.

Your analogies are trivial and unrelated to my point in lame attempt to somehow justify the bitcoin.
This is because for now fiat is more important. But things change.
The difference is that if poeple really wanted fiat in the first place bitcoin would not exist.
So what you want is purchasing power and means to keep it or transfer it.
Now we use fiat to price things, we will see how long that will hold.


What you guys fail to understand bitcoin is not a currency itself, it is just a tool for transacting currency. When you send someone 1 btc, or when you buy something  with bitcoin, what you're doing is you're sending him 320 dollars via bitcoin, you're sending him purchasing power of dollar.
Bitcoin is not independent of fiat.  Actually, fiat is what gives bitcoin a value.
spazzdla
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October 07, 2014, 12:55:53 PM
 #15

Who keeps buying every pay check?

THIS GUY..

Shame time.. I started buying at the peak..

Who gives no Fu*ks? THIS GUY!

Things I have been able to do because of Bitcoin.. I will always buy a bit every pay.. UNless it jumps to like 100k.. then I won't need a job LOL but I ain't really banking on that.

Only 21 Million coins...
Fractional banking...
Dedicated group of BTC lovers that buy every pay/few pays..

Only one possible assuming SHA-256 is never broken.
spazzdla
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October 07, 2014, 12:56:47 PM
 #16

...
The difference is that if poeple really wanted fiat in the first place bitcoin would not exist.
...

And if people wanted Bitcoin, altcoins would not exist.


Almost like if people wanted gold, SILVER WOULD BE WORTHLESS!! wait.. silver isn't worthless is it.. wait silver is expensive...?!?

F
A
I
L

Even more fail because of the pony......
spazzdla
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October 07, 2014, 12:59:04 PM
 #17

... Deadcon is a shill or a seriously uneducated person.
NotLambchop
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October 07, 2014, 01:01:09 PM
 #18

...
The difference is that if poeple really wanted fiat in the first place bitcoin would not exist.
...

And if people wanted Bitcoin, altcoins would not exist.


Almost like if people wanted gold, SILVER WOULD BE WORTHLESS!! wait.. silver isn't worthless is it.. wait silver is expensive...?!?

F
A
I
L

Even more fail because of the pony......

That's just retarded, spazzdla.  Now stop being retarded and read what I'm replying to.

*Here's another pony 4u, u fierce Bitcoin warrior u!

DeadCoin
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October 07, 2014, 01:07:52 PM
 #19

... Deadcon is a shill or a seriously uneducated person.

Could you please then explain which part of this is wrong? I'd like to hear you debunk my comment

Quote
What you guys fail to understand bitcoin is not a currency itself, it is just a tool for transacting currency. When you send someone 1 btc, or when you buy something  with bitcoin, what you're doing is you're sending him 320 dollars via bitcoin, you're sending him purchasing power of dollar.
Bitcoin is not independent of fiat.  Actually, fiat is what gives bitcoin a value.
sgbett
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October 07, 2014, 01:23:19 PM
 #20

I come back to these forums every few months just to look.

Always the same angry losers that lost money due to their own incompetence and impatience.

..and the same paid troll outsourcers in Pakistan and India spamming their nonsense.

I'm sorry, MatTheCat and others like him. But if you buy into ANYTHING anticipating a 1000% return and didn't consider that you could potentially lose 50% or more over the short term, I don't know what to tell you. You have no business investing at all. You might as well be in a casino. Casinos exist for people like you.

Apparently I'm a "bulltard", "cultist" and "bagholder". I'll keep doing what I do, which is to acquire as many BTC as possible through arbitrage and Bitcoin related businesses.

You guys keep doing what you do: Being angry and bitter because you didn't get rich overnight with your 1 BTC investment.

I'll be back in a few months. Enjoy the ride, everyone.



You got it wrong, this market IS the casino, if you think bitcoin is investing, you're delusional. And you have your priorities all mixed up, the goal is to acquire the most fiat possible, not btc.
Would you rather have 10 000 btc worth $5, or 5 btc worth $10 000?
you do not want fiat you want purchasing power.
Would you rather have 5$ in fiat or btc in a world where a house cost 5$
or 10000 $ in fiat or btc in a world where a house cost 20 000$?
this market is the casino as much as anything else, even wages... you just change the odds and possible outcome.

True, but all goods, services, your wage and taxes are priced in fiat,
if you don't express btc in fiat you don't even know what your purchasing power is.
What is the purchasing power of 1 btc? Oh right, you need fiat number even to comprehend the meaning of 1 btc.

Your analogies are trivial and unrelated to my point in lame attempt to somehow justify the bitcoin.

Yeah but nobody has a car/tv/telephone/computer...

car/tv/telephone/computer are priced in fiat...

oh, well I'm talking to a retards, I give up

Quick to label everyone else as a retard, but not so quick that you manage to jump spectacularly to the wrong interpretation of what I posted.

One might almost think you are intentionally doing so. You are falling fall of "begin right on the internet" syndrome. It doesn't matter who is right, it matters *what* is right. Neither you nor I know the future of BTC. I am happy to admit that, because I am not trapped by the need to be right to validate myself.

Or did you really not understand my post?

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
*my posts are not investment advice*
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