Bitcoin? - Page 2 - GoFuckYourself.com

JFK · 12-04-2013, 10:07 AM

Fitty Pyramid scams

mineistaken · 12-04-2013, 10:34 AM

Quote:

Originally Posted by Adultlexicon

Didn't say that, but alot of coins are better technical wise, doesn't mean they will beat Bitcoin.

And my question was WHICH coins were better technical wise. To that question you gave an answer which was list of 30 coins...
I am pretty sure not all of them are better technical wise.

Paul · 12-04-2013, 10:38 AM

Quote:

Originally Posted by Adultlexicon

Didn't say that, but alot of coins are better technical wise, doesn't mean they will beat Bitcoin.

The fate of all ALT Coins are linked to Bitcoin, if Bitcoin continues to increase in value then these new ALT Coins have the potential to go up in value (a lot)

If Bitcoin falls in value then pretty much all the ALT Coins drop in value faster and harder than Bitcoin.

Risk Vs Reward

TBH I wouldn't wanna be holding any ALT Coin for anymore than 24 hours, too risky

lyno · 12-04-2013, 11:04 AM

Quote:

Originally Posted by BlackCrayon

maybe but it makes them next to impossible to use in commerce. buy now! only .0000033223534212 bitcoins!!

Thats why i mentioned ONC. It is just a question of naming, just make it 3.32 µBTC. Most wallets already support that kind of scaling.

Quote:

Originally Posted by Paul

The fate of all ALT Coins are linked to Bitcoin, if Bitcoin continues to increase in value then these new ALT Coins have the potential to go up in value (a lot)

If Bitcoin falls in value then pretty much all the ALT Coins drop in value faster and harder than Bitcoin.

Risk Vs Reward

TBH I wouldn't wanna be holding any ALT Coin for anymore than 24 hours, too risky

LTC is already pretty much decoupled from BTC and traded directly to Fiat. Other coins, like XPM, also have that potential. Some exchanges already started dedicated XPM markets.

.

mineistaken · 12-04-2013, 11:31 AM

Quote:

Originally Posted by lyno

LTC is already pretty much decoupled from BTC and traded directly to Fiat. Other coins, like XPM, also have that potential. Some exchanges already started dedicated XPM markets.

.

I assume he was talking about peoples trust. If Bitcoin loses trust so does all the other coins as well. Trust in bitcoin = trust in play coins in general.

Paul · 12-04-2013, 11:52 AM

Quote:

Originally Posted by lyno

LTC is already pretty much decoupled from BTC and traded directly to Fiat. Other coins, like XPM, also have that potential. Some exchanges already started dedicated XPM markets.

IF a few of the other big exchanges with volume start trading LTC then that might be the case. I'll be interesting to see which exchange announces first, BTC China, Bitstamp or Mt Gox (ROFL yeah right!)

Currently if BTC goes down LTC tends to follow

nexcom28 · 12-04-2013, 11:57 AM

I read a good analogy about Bitcoin the other day, it wenst a little like this:

Quote:

A comparison with the Internet can help illustrate why people are excited about Bitcoin. In the late 1980s, the Internet wasn't a very impressive online service. It was expensive to join, complicated to use, and it featured text-based applications like e-mail and message boards that weren't obviously better than commercial online services like Compuserve, Prodigy and AOL.

But the Internet had an advantage that commercial online services did not: Its open architecture meant that anyone was free to create new online services. In 1990, a programmer named Tim Berners-Lee created a new Internet application called the World Wide Web that offered advanced features like graphics and hyperlinks. And within a few years, thousands of people had begun building Web sites on top of this new platform. Startups like Yahoo, eBay and Hotmail began to build sophisticated Web-based services. Within a few years, the Internet had vastly more content and services than the companies that ran AOL or Prodigy could hope to produce.

Bitcoin is the world's first completely open payment network, and it could spark the same type of bottom-up innovation. Mainstream electronic payment networks like Visa and Mastercard are managed by incumbent banks. If you want to interoperate with them ? to become a merchant, open a bank of your own or develop a new payment technology ? you have to convince these banks that you're credit-worthy, that your business plan makes sense, and that you will comply with their policies and procedures. That limits who can innovate and what kinds of business models they can try. In contrast, the Bitcoin network works like the Internet: There are no restrictions on who can join or what kinds of applications they can build.

BlackCrayon · 12-04-2013, 12:03 PM

Quote:

Originally Posted by lyno

Thats why i mentioned ONC. It is just a question of naming, just make it 3.32 µBTC. Most wallets already support that kind of scaling.

LTC is already pretty much decoupled from BTC and traded directly to Fiat. Other coins, like XPM, also have that potential. Some exchanges already started dedicated XPM markets.

.

i'm sure bitcoin could do some amazing thing but for me, i don't see why i need it. its a great investment right now but it has to stabilize at some point if its going to be used as currency.

Paul · 12-04-2013, 12:41 PM

Quote:

Originally Posted by nexcom28

I read a good analogy about Bitcoin the other day, it wenst a little like this:

That's a great analogy

I read an article today debunking people who compared Bitcoin to Tulip Mania or a Ponzi Scheme and included a graphical image of the adoption curve of new technologies

http://www.blog.inova-software.com/w...technology.jpg

Paul · 12-05-2013, 03:08 AM

Quote:

Originally Posted by Paul

The fate of all ALT Coins are linked to Bitcoin, if Bitcoin continues to increase in value then these new ALT Coins have the potential to go up in value (a lot)

If Bitcoin falls in value then pretty much all the ALT Coins drop in value faster and harder than Bitcoin.

Risk Vs Reward

TBH I wouldn't wanna be holding any ALT Coin for anymore than 24 hours, too risky

Today is gonna be a blood bath

China Bans Financial Companies From Bitcoin Transactions

And the price of All Alt Coins goes down with Bitcoin!

To compound matters, if you're money is tied up in one of the smaller ALT Coins and you want to dump you'll have to sell them for BTC as the small trading exchanges don't have banking licenses to trade fiat so you'll be loosing money twice as you sell into two falling markets

Joshua G · 12-05-2013, 08:21 AM

Quote:

Originally Posted by nexcom28

I read a good analogy about Bitcoin the other day, it wenst a little like this:

perhaps you should also look at the problem with bitcoin in addition to the prospects.

it relates to the fact that the coin stops paying out for mining services in a decade. do bitcoin cheerleaders think through what happens when mining no longer pays out 25 coins per block?

much like the pain of obamacare was pushed off to 2014, the pain of BTC is pushed off to the mid 2020s.

dancent · 12-06-2013, 08:37 AM

any more thoughts? :D

DWB · 12-06-2013, 10:02 AM

Quote:

Originally Posted by dancent

any more thoughts? :D

Yea.... $916

DWB · 12-06-2013, 01:55 PM

Quote:

Originally Posted by dancent

any more thoughts? :D

Another thought.... $800

dancent · 07-05-2015, 03:11 AM

still chasing bitcoins guys :D?

clickity click · 07-05-2015, 04:18 AM

Another thought...... $250

jscott · 07-05-2015, 08:42 PM

Quote:

Originally Posted by JFK

Fitty Pyramid scams

JFK, have you learned what a "pyramid scheme" is yet? you obviously never knew what those are back in 2013. Hopefully you have read and learned more since then

dancent · 07-07-2015, 09:05 AM

to be continued....bitcoin

leines · 07-22-2015, 07:51 AM

If you are interested in bitcoin check my lecture on the EWT this year.

is now also available here *it is not allowed for me to post the url*. Than check coinsnap dot eu and follow the Link to Adult.

it describes the bitcoin market and the advantages of bitcoin in the future.
also for the different adult business models like membership side, cam portal, VoD-Portal

12-04-2013, 10:07 AM	#51
JFK FUBAR the ORIGINATOR Industry Role: Join Date: Jan 2002 Location: FUBARLAND Posts: 67,382	Fitty Pyramid scams __________________ FUBAR Webmasters - The FUBAR Times - FUBAR Webmasters Mobile - FUBARTV.XXX For promo opps contact jfk at fubarwebmasters dot com

12-06-2013, 08:37 AM	#62
dancent Confirmed User Industry Role: Join Date: Mar 2009 Location: ARIA CASINO,LAS VEGAS Posts: 3,001	any more thoughts? :D __________________

07-05-2015, 03:11 AM	#65
dancent Confirmed User Industry Role: Join Date: Mar 2009 Location: ARIA CASINO,LAS VEGAS Posts: 3,001	still chasing bitcoins guys :D? __________________

07-07-2015, 09:05 AM	#68
dancent Confirmed User Industry Role: Join Date: Mar 2009 Location: ARIA CASINO,LAS VEGAS Posts: 3,001	to be continued....bitcoin __________________

07-05-2015, 04:18 AM	#66
clickity click So Fecking Bummed Industry Role: Join Date: Aug 2014 Posts: 3,682	Another thought...... $250

07-22-2015, 07:51 AM	#69
leines Confirmed User Industry Role: Join Date: Jul 2003 Location: Germany Posts: 65	If you are interested in bitcoin check my lecture on the EWT this year. is now also available here it is not allowed for me to post the url. Than check coinsnap dot eu and follow the Link to Adult. it describes the bitcoin market and the advantages of bitcoin in the future. also for the different adult business models like membership side, cam portal, VoD-Portal