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Author Topic: How to be a dumbass  (Read 3839 times)
madmadmax (OP)
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November 07, 2014, 04:47:53 AM
 #1

Step 1: Invest a significant sum of money into this new get-rich-quick scheme called Bitcoin.
Step 2: Nag every single store/vendor to begin accepting BTC in hopes that the value will increase (aka "the pump") so you can get rich while sitting on your fat ass despite the fact that Bitcoin is clearly not ready to be adopted on a massive scale. Most vendors will even spend money setting up and integrating Bitcoin with only few getting sales in Bitcoin since it's small minority.
Step 3: Do all of the above alongside thousands of fellow dumbasses.
Step 4: Act like an instinctive dumbass without ever thinking independently and sell/buy alongside fellow sheep at the first rumours of the least meaningful "news" (aka theymos had a fart? SELL SELL SELL SELL).
Step 5: Create a toxic environment for real businessmen with the price dropping 10% within 24 hours. Most people that accept BTC now sell it instantly to USD via Bitpay.


Who wouldn't actually prefer 10$ BTC with a steady 5% yearly growth to stay right above inflation? Stop being greedy assholes. Poor people will never understand that the world is analogues to the Bitcoin protocol in the sense that you make a lot more money working with it than against it, the early adopters made so much money (which they rightfully deserve and their earnings are proportional to their overall contribution) because they were the ones taking all the risks, you contribute nothing and thus you deserve nothing, it takes absolutely no innovation to invest into BTC at this point, you will lose your house, your car and more than likely (being with a low financial intelligence to begin with) your last pennies, which yet again, will be proportional to what you deserve.

There are no "shortcuts" in life.








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itsAj
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November 07, 2014, 05:27:22 AM
 #2

 Anyone involved with Bitcoin is a plus. Creating a toxic environment for businessmen is completely wrong if anyone in Bitcoin wants public adoption. Bitcoin will still be a powerhouse because so many believe in the programming. This leads to business adoption because of the overwhelming use.
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November 07, 2014, 05:29:58 AM
 #3

Here's another surefire way: https://bitcointalk.org/index.php?topic=850101.msg9464239#msg9464239
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November 07, 2014, 02:46:21 PM
 #4

We should get OP's post translated into many languages and actually posted in all other 'language' threads Cheesy
(no seriously, I think it'd help lol)

$ADK ~ watch & learn...
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November 07, 2014, 03:23:50 PM
 #5



R


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Beliathon
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November 07, 2014, 03:37:50 PM
Last edit: November 07, 2014, 04:22:13 PM by Beliathon
 #6

Who wouldn't actually prefer 10$ BTC (...)?
Anyone with any financial stake on the blockchain. Thought this was obvious.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
the joint
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November 07, 2014, 03:45:18 PM
 #7

Step 1: Invest a significant sum of money into this new get-rich-quick scheme called Bitcoin.
Step 2: Nag every single store/vendor to begin accepting BTC in hopes that the value will increase (aka "the pump") so you can get rich while sitting on your fat ass despite the fact that Bitcoin is clearly not ready to be adopted on a massive scale. Most vendors will even spend money setting up and integrating Bitcoin with only few getting sales in Bitcoin since it's small minority.
Step 3: Do all of the above alongside thousands of fellow dumbasses.
Step 4: Act like an instinctive dumbass without ever thinking independently and sell/buy alongside fellow sheep at the first rumours of the least meaningful "news" (aka theymos had a fart? SELL SELL SELL SELL).
Step 5: Create a toxic environment for real businessmen with the price dropping 10% within 24 hours. Most people that accept BTC now sell it instantly to USD via Bitpay.


Who wouldn't actually prefer 10$ BTC with a steady 5% yearly growth to stay right above inflation? Stop being greedy assholes. Poor people will never understand that the world is analogues to the Bitcoin protocol in the sense that you make a lot more money working with it than against it, the early adopters made so much money (which they rightfully deserve and their earnings are proportional to their overall contribution) because they were the ones taking all the risks, you contribute nothing and thus you deserve nothing, it takes absolutely no innovation to invest into BTC at this point, you will lose your house, your car and more than likely (being with a low financial intelligence to begin with) your last pennies, which yet again, will be proportional to what you deserve.

There are no "shortcuts" in life.

I'm sorry, but it's fairly clear you don't know much about the current state of the Bitcoin economy if this is how you view volatility.

Bitcoin's market cap is *tiny* compared to other currencies.  And yet, although tiny, it operates on a global scale.  This simply means that it's subject to higher volatility.  Volatility during 2014 is down from 2013, and 2013 was down from 2012, and 2012 was down from 2011.  As more users enter the market, the market grows stronger and more resilient and it can absorb that volatility more easily.

Basically, the more market share BTC gains, the less volatile it will become.  Bitcoin has many chicken-and-egg problems, but it's been up against these same problems during previous years when the market was weaker, and it's always persevered.  
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November 07, 2014, 03:50:01 PM
 #8

Step 1: Invest a significant sum of money into this new get-rich-quick scheme called Bitcoin.
Step 2: Nag every single store/vendor to begin accepting BTC in hopes that the value will increase (aka "the pump") so you can get rich while sitting on your fat ass despite the fact that Bitcoin is clearly not ready to be adopted on a massive scale. Most vendors will even spend money setting up and integrating Bitcoin with only few getting sales in Bitcoin since it's small minority.
Step 3: Do all of the above alongside thousands of fellow dumbasses.
Step 4: Act like an instinctive dumbass without ever thinking independently and sell/buy alongside fellow sheep at the first rumours of the least meaningful "news" (aka theymos had a fart? SELL SELL SELL SELL).
Step 5: Create a toxic environment for real businessmen with the price dropping 10% within 24 hours. Most people that accept BTC now sell it instantly to USD via Bitpay.
That or maybe price volitility is normal process for new currency? Wink Simple as that no need of sophisticated theories
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November 07, 2014, 03:57:24 PM
 #9

Step 1: Invest a significant sum of money into this new get-rich-quick scheme called Bitcoin.
Step 2: Nag every single store/vendor to begin accepting BTC in hopes that the value will increase (aka "the pump") so you can get rich while sitting on your fat ass despite the fact that Bitcoin is clearly not ready to be adopted on a massive scale. Most vendors will even spend money setting up and integrating Bitcoin with only few getting sales in Bitcoin since it's small minority.
Step 3: Do all of the above alongside thousands of fellow dumbasses.
Step 4: Act like an instinctive dumbass without ever thinking independently and sell/buy alongside fellow sheep at the first rumours of the least meaningful "news" (aka theymos had a fart? SELL SELL SELL SELL).
Step 5: Create a toxic environment for real businessmen with the price dropping 10% within 24 hours. Most people that accept BTC now sell it instantly to USD via Bitpay.


Who wouldn't actually prefer 10$ BTC with a steady 5% yearly growth to stay right above inflation? Stop being greedy assholes. Poor people will never understand that the world is analogues to the Bitcoin protocol in the sense that you make a lot more money working with it than against it, the early adopters made so much money (which they rightfully deserve and their earnings are proportional to their overall contribution) because they were the ones taking all the risks, you contribute nothing and thus you deserve nothing, it takes absolutely no innovation to invest into BTC at this point, you will lose your house, your car and more than likely (being with a low financial intelligence to begin with) your last pennies, which yet again, will be proportional to what you deserve.

There are no "shortcuts" in life.

Sound like you bet long and the trade went sour.
madmadmax (OP)
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November 07, 2014, 04:32:30 PM
 #10

Step 1: Invest a significant sum of money into this new get-rich-quick scheme called Bitcoin.
Step 2: Nag every single store/vendor to begin accepting BTC in hopes that the value will increase (aka "the pump") so you can get rich while sitting on your fat ass despite the fact that Bitcoin is clearly not ready to be adopted on a massive scale. Most vendors will even spend money setting up and integrating Bitcoin with only few getting sales in Bitcoin since it's small minority.
Step 3: Do all of the above alongside thousands of fellow dumbasses.
Step 4: Act like an instinctive dumbass without ever thinking independently and sell/buy alongside fellow sheep at the first rumours of the least meaningful "news" (aka theymos had a fart? SELL SELL SELL SELL).
Step 5: Create a toxic environment for real businessmen with the price dropping 10% within 24 hours. Most people that accept BTC now sell it instantly to USD via Bitpay.


Who wouldn't actually prefer 10$ BTC with a steady 5% yearly growth to stay right above inflation? Stop being greedy assholes. Poor people will never understand that the world is analogues to the Bitcoin protocol in the sense that you make a lot more money working with it than against it, the early adopters made so much money (which they rightfully deserve and their earnings are proportional to their overall contribution) because they were the ones taking all the risks, you contribute nothing and thus you deserve nothing, it takes absolutely no innovation to invest into BTC at this point, you will lose your house, your car and more than likely (being with a low financial intelligence to begin with) your last pennies, which yet again, will be proportional to what you deserve.

There are no "shortcuts" in life.

This is coming from the DUMBASS who ran the CASINOBIT https://bitcointalk.org/index.php?topic=171094.1120 PONZI?

So I assume you have positive proof of me being related to Casinobit? No? You're the dumbass then.








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November 07, 2014, 04:41:03 PM
 #11

LMAO, quite hilarious.

Quite the pipe dream if it was going to go up 5% a year everyone would dump money in.... driving how much it went up... creating a bubble.. the bubble would pop people would sell... a bottom would be reached.. it would start to increase at a steady rate again.. people will go nuts and pour money in...

How about them market cycles..
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November 07, 2014, 04:42:32 PM
 #12


So your evidence is that eroxors tried to extort me by claiming that I am related casinobit without evidence?








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Gleb Gamow
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November 07, 2014, 05:34:19 PM
 #13


You liked that, eh?


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November 07, 2014, 05:38:23 PM
 #14

Step 1: Invest a significant sum of money into this new get-rich-quick scheme called Bitcoin.
Step 2: Nag every single store/vendor to begin accepting BTC in hopes that the value will increase (aka "the pump") so you can get rich while sitting on your fat ass despite the fact that Bitcoin is clearly not ready to be adopted on a massive scale. Most vendors will even spend money setting up and integrating Bitcoin with only few getting sales in Bitcoin since it's small minority.
Step 3: Do all of the above alongside thousands of fellow dumbasses.
Step 4: Act like an instinctive dumbass without ever thinking independently and sell/buy alongside fellow sheep at the first rumours of the least meaningful "news" (aka theymos had a fart? SELL SELL SELL SELL).
Step 5: Create a toxic environment for real businessmen with the price dropping 10% within 24 hours. Most people that accept BTC now sell it instantly to USD via Bitpay.


Who wouldn't actually prefer 10$ BTC with a steady 5% yearly growth to stay right above inflation? Stop being greedy assholes. Poor people will never understand that the world is analogues to the Bitcoin protocol in the sense that you make a lot more money working with it than against it, the early adopters made so much money (which they rightfully deserve and their earnings are proportional to their overall contribution) because they were the ones taking all the risks, you contribute nothing and thus you deserve nothing, it takes absolutely no innovation to invest into BTC at this point, you will lose your house, your car and more than likely (being with a low financial intelligence to begin with) your last pennies, which yet again, will be proportional to what you deserve.

There are no "shortcuts" in life.

It truly depends. At this moment, investing your money in altcoins is actually better than Bitcoin itself. However, I know I'll be ruining some whales plans here...But now is actually the best time to buy bitcoin/altcoins.

Paypal will be integrating Bitcoin into their system within the next coming months...Honestly anyone  telling others Not to buy bitcoin/altcoins now, is doing that to get in at very cheap prices.
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November 08, 2014, 12:48:23 AM
 #15

Yeah. I wouldnt do anything but tag along.
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November 08, 2014, 12:48:49 AM
 #16

So your evidence is that eroxors tried to extort me by claiming that I am related casinobit without evidence?

I also deleted most of my old posts but I caught you "madmadmax" posting the exact statement that was deleted and reposted by Casinobit -

You are Casinobit - DID YOU EVER PAY BACK YOUR INVESTORS.

Who is running Casinobit? Name of the people in charge? Registered company?

On August 9, he moved the WhoIs to GoDaddy's DomainsByProxy.com service. (quite suspicious)
Luckily I have an old version available:

Max Tsarenko (Email itsmemax@yandex.ru)
+972.0526657945 (a Cellcom Mobile phonenumber in Israel)
Fax:
Moav 44/2
Arad, None 89032
IL

His new server is hosted by ovh.net

His old server was hosted by http://www.iomarthosting.com/ in the datacenter of http://rapidswitch.com/ (related to http://www.eleven2.com/) but this is unrelated now since he moved.

So your whole evidence is that supposedly you have seen my name on one of the posts by Casinobit?








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madmadmax (OP)
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November 11, 2014, 01:43:01 PM
 #17

More relevant than ever..








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November 11, 2014, 01:58:31 PM
 #18

5% steady yearly growth?
I'd have to live a few lives to actually see Bitcoin expand by then. Do you really expect to get 'ignorant' people on board with a 10$ price point?  Roll Eyes

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madmadmax (OP)
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November 11, 2014, 02:07:21 PM
 #19

5% steady yearly growth?
I'd have to live a few lives to actually see Bitcoin expand by then. Do you really expect to get 'ignorant' people on board with a 10$ price point?  Roll Eyes

How is price related to the expansion of Bitcoin?








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Lethn
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November 11, 2014, 05:28:11 PM
 #20

5% steady yearly growth?
I'd have to live a few lives to actually see Bitcoin expand by then. Do you really expect to get 'ignorant' people on board with a 10$ price point?  Roll Eyes

How is price related to the expansion of Bitcoin?

It's not, you have to look at the adoption rate and trade volume and trade volume is a good indicator of how many people are adopting a coin.
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