Thread: RIP Bitcoin

Originally Posted by longway

I would appreciate it if butters let the forum know when he starts to buy bitcoin, it will serve as my signal to sell.

don't worry, I am not planning to

like Gold, I didn't buy it, and yet it crashed when idiots like you thought the sky was the limit

Originally Posted by baldrick

whaaaa .... are you too young to have heard of MtGOX ?

anyway - the bitfinex / USDT saga is highly suspucious - there has been criticism of them for the past few months and they were supposed to have their finances audited and published - but the results were not very transparent
many people think this "hack" is an inside job to hide something

the onther main story over the last 24hours is a scam coin called confido , where the main man has disappered and it has been confirmed that the identity he was using was stolen

the USDT issue may cause some dive ( it did cause a small one last lnight , since recovered ) in the BTC price as people run away - will have to see how far the USDT thing unravels - though the hard fork should have made the USDT's stolen worthless , but if there is any underlying malfeasance exposed it should cause a shock to all the alts

and you idiots keep trusting that wonderful tech ? hey want to buy a bitcoin bridge

Originally Posted by Mr Earl

If someone steals $500 cash from you, is the $500's fault?

yes it is, that's why you have it on Credit Cards or TCs

Thanks for proving my point again

Originally Posted by Dragonfly

yes it is, that's why you have it on Credit Cards or TCs

Thanks for proving my point again

Just like if a woman dresses provocatively she is asking to be raped...very nicely done Butters; your regression into Islamo fuckwitland is duly noted

Originally Posted by Dragonfly

don't worry, I am not planning to

like Gold, I didn't buy it, and yet it crashed when idiots like you thought the sky was the limit

You preen on knowing better than career investors, and compensate for poor guesses and other shortcomings with insults.

Gold 'crashed' to what, from what, how did it get there in the first place as such a lousy investment, and do you believe it will not return and rise beyond that?

Any traded item can go up or down, and in the process redistributes money from some to others. In this respect the only limits you speak of are those at which buyers stop buying or conversely sellers stop selling.

For example, I have been putting spare cash into physical gold since it was 4-5k bt/bt. But as I am unlikely to ever benefit from actual profits by selling, a diehard sceptic could fairly interpret this as another dumb fool turning real money into dead money.

Originally Posted by Dragonfly

and you idiots keep trusting that wonderful tech ? hey want to buy a bitcoin bridge

Butters; you are beginning to resemble that famous economist bonehead, Paul Krugman.

Remember when he compared the internet to the fax machine? Lately he compared Bitcoin to Beenie Babies!

Yes Sir your expert mofo boneheads financial guys like Krugman are the ones the listen to when it comes to future technologies.

Originally Posted by Mr Earl

Yes Sir your expert mofo boneheads financial guys like Krugman are the ones the listen to when it comes to future technologies

Quite right.

I prefer to get my info and the low down on future tech from someone who conflates rape and Islam with theft of cash and can't even format a post on a forum correctly.

Originally Posted by AntRobertson

Quite right.

I prefer to get my info and the low down on future tech from someone who conflates rape and Islam with theft of cash and can't even format a post on a forum correctly.

Well as you are truly an astounding and most astute "expert" we'll address the acuity of your observations when they begin to make some sense.

Until then, PeeWee perhaps you should refrain from commenting upon subjects you know absolutely nothing about; be it USA politics, Bitcoin. or basic human mental/physical health.


And given your ongoing displayed uselessness and cluelessness, you probably should stay away from religious topics as well,
Sweet baby Jesus..

Originally Posted by Mr Earl

Until then, PeeWee perhaps you should refrain from commenting upon subjects you know absolutely nothing about; be it USA politics, Bitcoin. or basic human mental/physical health.

And given your ongoing displayed uselessness and cluelessness, you probably should stay away from religious topics as well,

Sweet baby Jesus..

Your grammar is atrocious.

Originally Posted by AntRobertson

Your grammar is atrocious.

That's really rich, coming from a Kiwi whose spoken English is even more biggly incomprehensible than a Scot from the Outer Hebrides.

We've never spoken and I'm not sure how your inability to comprehend spoken English is supposed to reflect poorly on me.

Also it's all completely irrelevant to the fact that your grammar is atrocious.

Originally Posted by jabir

You preen on knowing better than career investors, and compensate for poor guesses and other shortcomings with insults.

Gold 'crashed' to what, from what, how did it get there in the first place as such a lousy investment, and do you believe it will not return and rise beyond that?

Any traded item can go up or down, and in the process redistributes money from some to others. In this respect the only limits you speak of are those at which buyers stop buying or conversely sellers stop selling.

Fools deserve no respects for buying highs and selling lows, and following speculative trends

3M - mmm

Originally Posted by Dragonfly

Fools deserve no respects for buying highs and selling lows, and following speculative trends

Thank you, Jamie Dimon! (America's biggest bankster/fraudster)

Originally Posted by Mr Earl

Thank you, Jamie Dimon! (America's biggest bankster/fraudster)

you are aiming at the wrong target, I hate big bankers and fraudsters like everyone else

but being a full contrarian like you are trying to be is equally silly, you become the victim of another type of fraud

the truth is in between,

Originally Posted by Dragonfly

you are aiming at the wrong target, I hate big bankers and fraudsters like everyone else

but being a full contrarian like you are trying to be is equally silly, you become the victim of another type of fraud

the truth is in between,

My point is simply; to dismiss and ignore the crypto-currency phenomena is akin to likening the significance of the internet to the fax machine.
Whether you wake up to it or not we have already entered an entirely new construct for global commerce and finance.
The applications coming are too numerous to even begin to list.
Bitcoin is just the foundation and the base numerical algorithm of this social revolution.

Previous social revolutions of the 60's and 70's failed because of the link to central banking and hence central government.

It might fail, and I'm still planting real fruit trees, just because!

But my gut instincts tell me we are looking at the internet of 1993 when we look at Bitcoin today. It is just getting started!

It is going to be much bigger than the internet of the 1990's because billions of people already have access and the new handheld devices offer cheap powerful access to everyone.
Hang on to your seat!

Originally Posted by Mr Earl

But my gut instincts tell me we are looking at the internet of 1993 when we look at Bitcoin today. It is just getting started!

you are making the wrong comparison, that's where your flaw is

the Internet was a government project, with academics and solid early tech companies into the game

Bitcoin is a silly private project full of fraudsters and hackers, and every spin-offs are equally fraudulent

you are comparing a hooker to a Victoria Secret model

and for blockchain tech, it's interesting in geek terms but it will yield nothing at the end as banks and corporations will corrupt and destroy that tech eventually

you want financial "independence" for the people ? it's never going to happen, period.

Gold fools think buying Gold will make them safe, it won't. Bitcoin fools think they are safe by buying bitcoins, they are not.

Stop thinking in terms of being safe or making it big, it's not going to happen for 99% of them. That's typical chav thinking

Originally Posted by Dragonfly

you are making the wrong comparison, that's where your flaw is

the Internet was a government project, with academics and solid early tech companies into the game

Bitcoin is a silly private project full of fraudsters and hackers, and every spin-offs are equally fraudulent

Actually the 5 US companies who control the internet are arms of the NSA and CIA.

It would be very naive to think the government is out of the loop regarding bitcoin.

It is anyone's guess whether or not the cryptography which supports Bitcoin was an accidental or intentional disclosure. Either way the cat is outa the bag!

I'm thinking it was an intentional act by the NSA the let Bitcoin out. It wont be long before bitcoin and crypto-currency replace the horribly overextended and over valued fiat currencies of the planet.

Bitcoin is indeed a global currency and is the foundation for many others with more specific and focused applications.

What does a BTC look like up close ? (in real life)

butterfly - they need you here - the concensus is bitcoin will pop over the black friday weekend - /biz/ - Business & Finance - 4chan

Originally Posted by Pattaya Plies

What does a BTC look like up close ? (in real life)

looks the same as your goat porn

Originally Posted by Mr Earl

I'm thinking it was an intentional act by the NSA the let Bitcoin out

you need some history - the theory behind bitcoin was published back in 2000 but working code based on the concept of trustless transactions was released in 2009

also for those who talk about the crypto - The mathematics behind blockchain « The Mathematical Investor

Any old haunts on Soi See available to accept a bit of binary coin ?

Originally Posted by Pattaya Plies

What does a BTC look like up close ? (in real life)

it looks like a mix of filthy Indians and Chinese paysants

Originally Posted by Mr Earl

I'm thinking it was an intentional act by the NSA the let Bitcoin out. It wont be long before bitcoin and crypto-currency replace the horribly overextended and over valued fiat currencies of the planet.

Bitcoin is indeed a global currency and is the foundation for many others with more specific and focused applications.

I think you should stop eating bitcoin pills, they are obviously making you high

who is your dealer ?

Originally Posted by baldrick

butterfly - they need you here - the concensus is bitcoin will pop over the black friday weekend - /biz/ - Business & Finance - 4chan

I don't think anyone serious can make that prediction,

it's all about emotion, and that's unpredictable

everytime an asset is disconnected from reality or fundamental justification, it's only a question of time before the losers realize they have been had

remember subprime ?