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Author Topic: do you sink with the ship, captains?  (Read 1830 times)
Impros88 (OP)
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October 13, 2014, 11:35:42 AM
 #1

bitcoin is (not so slowly) sinking. At least now. None knows what wil happen in the future. But it is obvious that since many months ago btc is sinking/dying.  What is your point about this? do you leave the sinking ship or you keep the honor, sinking with the ship?

this situation reminds me so much http://www.youtube.com/watch?v=6AKTiytlIcY

"we waited to long" , yes, sir, so true.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Lauda
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October 13, 2014, 11:37:33 AM
 #2

Another stupid thread by a ignorant user.
Please just go away.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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October 13, 2014, 11:47:35 AM
 #3

it's monday.

MUFC
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October 13, 2014, 11:50:38 AM
 #4

If it's a sinking ship then why are you still here? It's hardly sinking when the price is on the up and more merchants are accepting it every day.

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October 13, 2014, 12:23:00 PM
 #5

Another stupid thread by a ignorant user.
Please just go away.

Lol.. Too harsh dude, too harsh.

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October 13, 2014, 12:58:55 PM
 #6

BTC is not a sinking ship. It has had dramatic rises yearly.

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RISE
susan234
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October 13, 2014, 02:16:35 PM
 #7

bitcoin is (not so slowly) sinking. At least now. None knows what wil happen in the future. But it is obvious that since many months ago btc is sinking/dying.  What is your point about this? do you leave the sinking ship or you keep the honor, sinking with the ship?

this situation reminds me so much http://www.youtube.com/watch?v=6AKTiytlIcY

"we waited to long" , yes, sir, so true.

i think that the BTC will  rise up in the year 2015,At that time, there will be more people and store them.and its production would be reduced by half in 2016, so people will be stored the BTC in 2015

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October 13, 2014, 02:33:12 PM
 #8

As a matter of fact, if Bitcoin actually were to fail, I would sink with it, since I'm here for the technology, and not for the quick get rich

An economy based on endless growth is unsustainable.
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October 13, 2014, 03:50:04 PM
 #9

iam sinking with the ship  Wink

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October 13, 2014, 03:51:22 PM
 #10

I'm also willing to drown in profits.  Roll Eyes

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October 13, 2014, 03:57:43 PM
 #11

@ op

Bitcoin price

October 2013 1.0BTC=$145
October 2014 1.0BTC=$380

S&P change over same period: +7.5%.  

Gold change over same period: -7.8%

Please read a little before you type.

Listen: meat beat manifesto ~ Edge of no control (pt.1)
Read:"He who controls the past controls the future. He who controls the present controls the past." ~ George Orwell
Think: http://unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html
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October 13, 2014, 04:04:11 PM
 #12

BTC is not a sinking ship. It has had dramatic rises yearly.
I will sink with the ship. But I still believe the ship is big enough and difficult to sink. The people on the ship will find ways to sail across the ocean.
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October 13, 2014, 04:09:34 PM
 #13

Another stupid thread by a ignorant user.
Please just go away.

Lol.. Too harsh dude, too harsh.

How is it harsh? We see these troll/fud  threads daily. If they wern't trolling they would just leave.

BTC is not a sinking ship. It has had dramatic rises yearly.

Maybe it is a ship though and just riding out the waves - up and down and sometimes we meet a storm  Grin.
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October 13, 2014, 05:08:04 PM
 #14

If by "sink with the ship", you mean HODL instead of selling at a loss,
then yes...100% yes for me.


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October 13, 2014, 05:16:08 PM
 #15

I'm also willing to drown in profits.  Roll Eyes

and thats more likely  Wink

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October 13, 2014, 05:25:32 PM
 #16

Fiat scrip is the titanic that has just struck the iceberg, Bitcoin is the lifeboat.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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October 13, 2014, 05:27:02 PM
 #17

@ op

Bitcoin price

October 2013 1.0BTC=$145
October 2014 1.0BTC=$380

S&P change over same period: +7.5%.  

Gold change over same period: -7.8%

Please read a little before you type.

Not gonna happen. We are still flooded by the last teenager batch of guys that bought at $800 and want to sell at $2000 soon, dont care about technology, dont care about implementation, adoption or markets. They just want to buy an Audi with the money earned in their last McDonalds summer job.
Ive said before and i repeat now: Cryptocurrencies will broke the ones that invest on them, instead adopt them.

This space is for lease, apparently.
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October 13, 2014, 05:51:14 PM
 #18

@ op

Bitcoin price

October 2013 1.0BTC=$145
October 2014 1.0BTC=$380

S&P change over same period: +7.5%.  

Gold change over same period: -7.8%

Please read a little before you type.

Not gonna happen. We are still flooded by the last teenager batch of guys that bought at $800 and want to sell at $2000 soon, dont care about technology, dont care about implementation, adoption or markets. They just want to buy an Audi with the money earned in their last McDonalds summer job.
Ive said before and i repeat now: Cryptocurrencies will broke the ones that invest on them, instead adopt them.

These so-called teenagers making minimum wage working their summer at McDonalds only netted about $2500 all summer long and that's before any expenses. Expecting a quick flash up of 10x wouldn't get them anywhere near an Audi. I'd wager that the bulk of BTC interested folks have upwardly mobile employment that allows them to have constant fiat around to rebuy at lower prices transferring them away from when the bearwhale sells. That said, there's plenty of interested financial interests that will swarm into BTC as the buyers' markets commences. Even the precious metals hoarders won't be able to escape being drawn in. Wink
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October 13, 2014, 06:38:15 PM
 #19

Bitcoin is a very fluctuating asset which may leap twice its dip the very next second. You cannot predict its behaviour. Just hold tight through this rough patch I would say !!
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October 13, 2014, 08:14:08 PM
 #20

Another stupid thread by a ignorant user.
Please just go away.
Lol.. Too harsh dude, too harsh.

How is it harsh? We see these troll/fud  threads daily. If they wern't trolling they would just leave.
Actually it is not even nearly harsh as it should be. If I was the admin here, these people would be getting permanent bans after starting such a thread.
There is a difference between a troll/FUD threads (which I would ban completely) and constructive threads explaining why Bitcoin isn't doing well (but it is) with valid points and arguments.
I wanted to say a few bad words when I've read the thread, but didn't want to be 'that bad guy'.  Cheesy

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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