BITCOIN: Dead, Bankrupt, Gone? - GoFuckYourself.com

MediaGuy · 03-01-2014, 10:20 AM

This is the story - it's not an onion is it?

http://valleywag.gawker.com/bitcoin-...m=socialfl ow

:D

Barefootsies · 03-01-2014, 10:22 AM

dyna mo · 03-01-2014, 10:27 AM

that story is not about bitcoin.

DBS.US · 03-01-2014, 10:31 AM

The bottom line of anyone who used the Mt.Gox exchange: your account balance is now zero.

MediaGuy · 03-01-2014, 10:32 AM

Ahhh you're right - it's about that bitcoin exchange. I apologize for posting before reading - that's quite a headline.

:D

brassmonkey · 03-01-2014, 10:41 AM

ruff · 03-01-2014, 11:07 AM

bit coin gives a lot of people on this board the heebie jeebies.

DWB · 03-01-2014, 01:48 PM

Someone stole my bitcoin gox. I has called the police.

NEW XTC · 03-01-2014, 02:04 PM

Astonishing that so many on this board - supposed internet biz people...could be so uninformed about the biggest thing to ever hit the internet.

More than any other event - this generation will go down in history for witnessing the birth of digital currency.

That's how major this shit is.

mineistaken · 03-01-2014, 03:06 PM

Quote:

Originally Posted by NEW XTC

Astonishing that so many on this board - supposed internet biz people...could be so uninformed about the biggest thing to ever hit the internet.

More than any other event - this generation will go down in history for witnessing the birth of digital currency.

That's how major this shit is.

Let's talk after 5 years

seeandsee · 03-01-2014, 03:10 PM

bitcoin still pretty high 575$

NEW XTC · 03-01-2014, 07:13 PM

r/bitcoin vs Mark Karpeles

livexxx · 03-01-2014, 08:14 PM

tulip bulbs

CAHEK · 03-01-2014, 08:28 PM

dont worry there is also dogcoin and asscoin

jscott · 03-01-2014, 10:34 PM

mtgox is bitcoin?

hilarious and idiotic lol. liars and misinformed people on this board, still amazes

Harmon · 03-02-2014, 04:57 AM

Quote:

Originally Posted by jscott

mtgox is bitcoin?

hilarious and idiotic lol. liars and misinformed people on this board, still amazes

You must have your whole life savings invested in bitcoin. You get so fucking defensive any time somebody says anything about it. You sound like a person with some serious issues.

The thread starter already said he made a mistake. Read the thread before making yourself look like an ass hat

jscott · 03-02-2014, 05:14 AM

you can rumor what u like about how deeply invested in bitcoins i am. tbh dont know why you spend so much time in the bitcoin threads at all. you'd be much better off in threads that you have interest in. just a friendly advice for you man, i see you wasting so much of your time in these threads.

media guy.. i apologize, didn't read every post in this thread tip just now

Matt 26z · 03-02-2014, 05:31 AM

Quote:

Originally Posted by NEW XTC

the biggest thing to ever hit the internet.

Bitcoin is just video game money without having to play a game to earn it.

It is backed by nothing other than an assumption that people will continue to pay $X for it.

ruff · 03-02-2014, 06:21 AM

Quote:

Originally Posted by Matt 26z

Bitcoin is just video game money without having to play a game to earn it.

It is backed by nothing other than an assumption that people will continue to pay $X for it.

Some more of that invaluable GFY wisdom.

tony286 · 03-02-2014, 06:31 AM

lets see, its created by some hacker guy and no one knows who he is. There is no regulation what so ever and people are actually trusting this currency. I dont know if its funny or sad.

BlackCrayon · 03-02-2014, 06:32 AM

Quote:

Originally Posted by Harmon

You must have your whole life savings invested in bitcoin. You get so fucking defensive any time somebody says anything about it. You sound like a person with some serious issues.

The thread starter already said he made a mistake. Read the thread before making yourself look like an ass hat

no shit, dude defends bitcoin like its his mother.

jscott · 03-02-2014, 06:37 AM

I'm not defending it as much as i'm correcting you dumb asses with the misinformation, lies, and speculations

Bryan G · 03-02-2014, 06:37 AM

Quote:

Originally Posted by jscott

mtgox is bitcoin?

hilarious and idiotic lol. liars and misinformed people on this board, still amazes

Chill dude

You obviously have a lot invested in this, good luck

jscott · 03-02-2014, 06:39 AM

Quote:

Originally Posted by Bryan G

Chill dude

You obviously have a lot invested in this, good luck

Thanks man

But actually no, i dont have much invested in bitcoins, i just like the idea and think something like this would be good for the world

BlackCrayon · 03-02-2014, 06:43 AM

Quote:

Originally Posted by jscott

Thanks man

But actually no, i dont have much invested in bitcoins, i just like the idea and think something like this would be good for the world

Did you cash out? i recall you saying you had 300k in it bitcoin a while back.

jscott · 03-02-2014, 06:47 AM

Quote:

Originally Posted by BlackCrayon

Did you cash out? i recall you saying you had 300k in it bitcoin a while back.

I did cashout about 80% of my bitcoins. Made quite a lot from it

I've thought about going all in, but I won't deny the fact it is still so new, an so risky still (the value of bitcoin is risky I mean), as for the mtgox thing, everyone who lost coins there had the same opportunity as anyone, to store there coins offline, rather than leaving them in the exchange.

Best-In-BC · 03-02-2014, 07:12 AM

I hate Bitcoin, MI want them gone, there here to stay now no matter what, fuck off with the dumb posts about it.

lonerunner · 03-02-2014, 08:58 AM

Quote:

Originally Posted by jscott

as for the mtgox thing, everyone who lost coins there had the same opportunity as anyone, to store there coins offline, rather than leaving them in the exchange.

Finally someone who talks reasonable. I was reading all that hate posts about mtgox and no one to mention why the fuck would anyone hold huge ammount of coins on their exchange. They all know how bitcoins works, how those exchange works and what's the difference between online and offline store. All the exchangers might get hacked one day and once you lost your wallet it's gone forever. so why blaming mtgox when you kept your money on them instead on your wallet.

Joshua G · 03-02-2014, 09:23 AM

Quote:

Originally Posted by NEW XTC

Astonishing that so many on this board - supposed internet biz people...could be so uninformed about the biggest thing to ever hit the internet.

maybe its cause your the uninformed one. your so dumb you dont even understand its not a currency, & never will be.

Joshua G · 03-02-2014, 09:41 AM

Quote:

Originally Posted by NEW XTC

The regulations they put in place are a good thing, any time a large government recognizes Bitcoin, even if it is to limit it's use, that lends legitimacy and only strengthens the currency.

you should just tattoo the word retard on top of your head.

Stephen · 03-02-2014, 09:48 AM

Quote:

Originally Posted by tony286

lets see, its created by some hacker guy and no one knows who he is. There is no regulation what so ever and people are actually trusting this currency. I dont know if its funny or sad.

It's not really funny or sad, it's greed and wishful thinking blinding folks to reality...

Good luck all

ruff · 03-02-2014, 12:41 PM

People that know are making a ton of money trading cryptocurrency. Every single day there is opportunity to make money. And this has been going on for over a year or more. It is still going on. I'm making more money now with this than I ever did in porn. Apple stock is right at the same price as Bitcoin. Most of you haven't got the knowledge to make informed comments. I understand this is GFY, but if you don't like risk, or don't gamble, or don't even make an effort to understand why others like crypto, why do you think you have a legitimate opinion? It's not going away, and the ones in know are the ones that will make the money. The rest of you will not. That's about it. It's not about the currency is it? It's about selling something someone else is willing to purchase. That is basically all that is needed to make a product legitimate. You don't like farts in a bottle? Maybe someone else does.

BAKO · 03-02-2014, 01:13 PM

Quote:

Originally Posted by ruff

Some more of that invaluable GFY wisdom.

U are the biggest idiot here

Matt 26z · 03-02-2014, 01:27 PM

Quote:

Originally Posted by ruff

Some more of that invaluable GFY wisdom.

What is the difference between buying something using Bitcoin and WOW gold?

I hope you guys make a lot of money with it, but at some point it's going to crash and burn since it's just play money.

SEXTANT · 03-02-2014, 01:48 PM

still rockin'!

AmeliaG · 03-02-2014, 02:11 PM

Quote:

Originally Posted by Matt 26z

What is the difference between buying something using Bitcoin and WOW gold?

I hope you guys make a lot of money with it, but at some point it's going to crash and burn since it's just play money.

WOW gold has a certain intrinsic value for WOW players, but Bitcoin does not, so it is perhaps more truly a currency. I suppose WOW gold is kind of just a currency with capital controls in place though.

If China dumped its current dollar holdings tomorrow, the USA would spiral into hyperinflation and the dollar's exchange rate with other currencies would become essentially worthless. I'm pretty sure the dollar is still money.

Same thing. Currency has no intrinsic value.

Why does bitcoin make people so mad? I accept yen on my membership sites and nobody has ever freaked out at me that the Japanese economy has had some instability.

ErectMedia · 03-02-2014, 02:22 PM

http://www.domaininvesting.com/andy-...sells-gox-com/
http://www.domaininvesting.com/gox-c...hares-details/
http://falkvinge.net/2014/02/28/the-...as-inside-job/

Zarathustra · 03-02-2014, 02:54 PM

the banks/gov planted a mole?

BlackCrayon · 03-02-2014, 03:05 PM

Quote:

Originally Posted by ruff

People that know are making a ton of money trading cryptocurrency. Every single day there is opportunity to make money. And this has been going on for over a year or more. It is still going on. I'm making more money now with this than I ever did in porn. Apple stock is right at the same price as Bitcoin. Most of you haven't got the knowledge to make informed comments. I understand this is GFY, but if you don't like risk, or don't gamble, or don't even make an effort to understand why others like crypto, why do you think you have a legitimate opinion? It's not going away, and the ones in know are the ones that will make the money. The rest of you will not. That's about it. It's not about the currency is it? It's about selling something someone else is willing to purchase. That is basically all that is needed to make a product legitimate. You don't like farts in a bottle? Maybe someone else does.

what are you going to do when this game of making up some stupid coin and buying and selling all day long dies? i don't see bitcoin going away but all these other coins do nothing and offer nothing. even dogecoin which was built on a joke has been perverted for profit but for what? it does nothing. i wish i had bought in when bitcoins were cheap but i didn't but all these other coins are just pure stupidity. more power to those making money off them but i can only hope those doing this have the sense to get out before the they crap out because they will...the fact that anyone can create these script based coins makes them worthless.

Barefootsies · 03-02-2014, 03:13 PM

Quote:

Originally Posted by AmeliaG

Why does bitcoin make people so mad?

The only people I have seen get mad are those who defend their phantom bitcoin currency. I do not think others care.

You're either drinking the kool-aid or you're not until the world banks get behind or sign off on it.

Marcus Aurelius · 03-02-2014, 03:27 PM

Bitcoin is dead. It's just a never ending scam. The only people who make money are wallet websites, that get "hacked" on a regular basis.

Dogecoin and other silly coins are totally stupid, supported only by internet nerds.

All you have is virtual money in a virtual world. Your money have about the same value as some online role playing game, which is to say, not much.

jscott · 03-02-2014, 03:32 PM

MarcusAureliuos you are wrong. bitcoins can be downloaded to offline wallets, not so virtual if you do that right? how can an exchange get hacked and lose coins if you protect them offline? surely something u didnt know about right?

Also, $560 value per bitcoin, i wouldnt go so far they are worthless. The world will decide its worth and i think the facts speak for themselves

pimpmaster9000 · 03-02-2014, 04:11 PM

Quote:

Originally Posted by NEW XTC

Astonishing that so many on this board - supposed internet biz people...could be so uninformed about the biggest thing to ever hit the internet.

More than any other event - this generation will go down in history for witnessing the birth of digital currency.

That's how major this shit is.

its called paypal

Joshua G · 03-02-2014, 04:17 PM

Quote:

Originally Posted by ruff

Most of you haven't got the knowledge to make informed comments.

yeah..informed comments like

Quote:

Originally Posted by ruff

What goes down must come back up. I hope.

hows that BTC trade at 657 doing?

Quote:

Originally Posted by ruff

Buy, I bought 3 at 657,

then there is your friend who is just as "informed" as you...

Quote:

Originally Posted by NEW XTC

Are your USDs stuck on MtGox? Congratulations. You're in for a nice profit!

you BTC clowns should stop embarrassing yourselves...

jscott · 03-02-2014, 04:18 PM

Quote:

Originally Posted by Barefootsies

The only people I have seen get mad are those who defend their phantom bitcoin currency. I do not think others care.

Read thru the threads again, you'll see there is quite a large group of anti-bitcoin people that call it idiotic, stupid, retarded, etc for anyone to mess around with "fake money", "play money" etc etc. These people all claim they don't care, or are not interested in bitcoins yet they are die hard in every thread putting it down.

If someone is posting shit I dont care about, for example gay porn threads, I really would not care to chime in. These guys "dont care" or are "not interested" (about bitcoins) yet they chime in on every bitcoin thread.

How does that make sense?

jscott · 03-02-2014, 04:20 PM

Quote:

Originally Posted by Barefootsies

The only people I have seen get mad are those who defend their phantom bitcoin currency. I do not think others care.

Quote:

Originally Posted by JoshGirls Josh

you BTC clowns should stop embarrassing yourselves...

Barefootsies, Josh chimed in perfect timing to show you first hand what I'm talking about, thanks Josh

Barefootsies · 03-02-2014, 04:26 PM

Quote:

Originally Posted by jscott

If someone is posting shit I dont care about, for example gay porn threads, I really would not care to chime in. These guys "dont care" or are "not interested" (about bitcoins) yet they chime in on every bitcoin thread.

How does that make sense?

Honestly I do not know. I would guess to make fun of and belittle those who are believers in the phantom currency, bitcoin, or similar sort of subjects we see on the forums daily. People still can voice their opinion, and many people do, regardless of their opinion on any given topic. I personally do not see that as "giving a shit" one way or the other.

That being said, we could both read the same thread and replies and take two different meanings from it. Especially if one of us cares, and the other does not. Just like email, the context of words on a forum could be interpreted differently based on the bias or prejudice of those reading it.

Sly · 03-02-2014, 04:29 PM

Quote:

Originally Posted by Harmon

You must have your whole life savings invested in bitcoin. You get so fucking defensive any time somebody says anything about it. You sound like a person with some serious issues.

The thread starter already said he made a mistake. Read the thread before making yourself look like an ass hat

If I was really deep into bitcoin, I would be telling others to get out so I can get in deeper, wouldn't I?

Kind of strange these guys get so upset with the "nonbelievers." I love when people think my money making method is bull shit. Makes life easier for me.

Joshua G · 03-02-2014, 04:49 PM

Quote:

Originally Posted by jscott

Read thru the threads again, you'll see there is quite a large group of anti-bitcoin people that call it idiotic, stupid, retarded, etc for anyone to mess around with "fake money", "play money" etc etc. These people all claim they don't care, or are not interested in bitcoins yet they are die hard in every thread putting it down.

primarily i attack people who are attacking other people, calling others uninformed when they make the dumbest asshat comments that results in a hopeless oxymoron.

- Jesus Christ - · 03-02-2014, 05:19 PM

Quote:

Originally Posted by AmeliaG

Why does bitcoin make people so mad?

Bitcoin represents freedom, responsibility and self ownership. These concepts invoke powerful psychological defense mechanisms in an underdeveloped or emotionally damaged person.

There is no logic you can use that will change their opinion becasue the reaction is based on emotion.

03-01-2014, 10:20 AM	#1
MediaGuy Confirmed User Industry Role: Join Date: Sep 2004 Location: Montrealquebecanada Posts: 5,500	BITCOIN: Dead, Bankrupt, Gone? This is the story - it's not an onion is it? http://valleywag.gawker.com/bitcoin-...m=socialfl ow :D __________________ YOU Are Industry News! Press Releases: pr[at]payoutmag.com Facebook: Payout Magazine! Facebook: MIKEB! ICQ: 248843947 Skype: Mediaguy1

03-01-2014, 10:22 AM	#2
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	__________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"

03-01-2014, 10:31 AM	#4
DBS.US Geo Cities Industry Role: Join Date: Aug 2003 Location: North Captiva Island, Florida USA Posts: 11,830	The bottom line of anyone who used the Mt.Gox exchange: your account balance is now zero. __________________ Make a Free Chaturbate White Label site in 34 minutes and be making money tonight

03-01-2014, 10:32 AM	#5
MediaGuy Confirmed User Industry Role: Join Date: Sep 2004 Location: Montrealquebecanada Posts: 5,500	Ahhh you're right - it's about that bitcoin exchange. I apologize for posting before reading - that's quite a headline. :D __________________ YOU Are Industry News! Press Releases: pr[at]payoutmag.com Facebook: Payout Magazine! Facebook: MIKEB! ICQ: 248843947 Skype: Mediaguy1

03-01-2014, 10:41 AM	#6
brassmonkey Pay It Forward Industry Role: Join Date: Sep 2005 Location: Yo Mama House Posts: 76,980	__________________ TRUMP 2025 KEKAW!!! - The Laken Riley Act Is Law! DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

03-01-2014, 10:27 AM	#3
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 63,941	that story is not about bitcoin.

03-01-2014, 11:07 AM	#7
ruff I have a plan B Industry Role: Join Date: Aug 2004 Location: Seattle - Miami - St Kitts Posts: 5,501	bit coin gives a lot of people on this board the heebie jeebies. __________________ CryptoFeeds

03-01-2014, 01:48 PM	#8
DWB Registered User Industry Role: Join Date: Jul 2003 Location: Encrypted. Access denied. Posts: 31,779	Someone stole my bitcoin gox. I has called the police.

03-01-2014, 02:04 PM	#9
NEW XTC Confirmed User Join Date: Jun 2010 Posts: 738	Astonishing that so many on this board - supposed internet biz people...could be so uninformed about the biggest thing to ever hit the internet. More than any other event - this generation will go down in history for witnessing the birth of digital currency. That's how major this shit is. __________________ Those who can make you believe absurdities can make you commit atrocities. -Voltaire

03-01-2014, 03:10 PM	#11
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	bitcoin still pretty high 575$ __________________ BUY MY SIG - 50$/Year Contact here

03-01-2014, 07:13 PM	#12
NEW XTC Confirmed User Join Date: Jun 2010 Posts: 738	r/bitcoin vs Mark Karpeles __________________ Those who can make you believe absurdities can make you commit atrocities. -Voltaire

03-01-2014, 08:14 PM	#13
livexxx Confirmed User Industry Role: Join Date: May 2005 Location: UK Posts: 1,201	tulip bulbs __________________ http://www.webcamalerts.com for auto tweets for web cam operators

03-01-2014, 08:28 PM	#14
CAHEK C.C.C.P. Industry Role: Join Date: Aug 2003 Location: Novorossiya Posts: 6,745	dont worry there is also dogcoin and asscoin __________________ Pharma from True-Meds. High converting shop in Europe and USA, fast payouts via BTC !!!

03-01-2014, 10:34 PM	#15
jscott So Fucking Banned Industry Role: Join Date: Feb 2001 Location: Taipei Posts: 25,198	mtgox is bitcoin? hilarious and idiotic lol. liars and misinformed people on this board, still amazes

03-02-2014, 05:14 AM	#17
jscott So Fucking Banned Industry Role: Join Date: Feb 2001 Location: Taipei Posts: 25,198	you can rumor what u like about how deeply invested in bitcoins i am. tbh dont know why you spend so much time in the bitcoin threads at all. you'd be much better off in threads that you have interest in. just a friendly advice for you man, i see you wasting so much of your time in these threads. media guy.. i apologize, didn't read every post in this thread tip just now

03-02-2014, 06:31 AM	#20
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	lets see, its created by some hacker guy and no one knows who he is. There is no regulation what so ever and people are actually trusting this currency. I dont know if its funny or sad.

03-02-2014, 06:37 AM	#22
jscott So Fucking Banned Industry Role: Join Date: Feb 2001 Location: Taipei Posts: 25,198	I'm not defending it as much as i'm correcting you dumb asses with the misinformation, lies, and speculations

03-02-2014, 07:12 AM	#27
Best-In-BC Confirmed User Join Date: Jun 2002 Posts: 9,506	I hate Bitcoin, MI want them gone, there here to stay now no matter what, fuck off with the dumb posts about it. __________________ Vacares - Web Hosting, Domains, O365, Security & More Unparked domains burning a hole in your pocket? 5 Simple Ways to Make Easy $$$ from Unused Domains

03-02-2014, 12:41 PM	#32
ruff I have a plan B Industry Role: Join Date: Aug 2004 Location: Seattle - Miami - St Kitts Posts: 5,501	People that know are making a ton of money trading cryptocurrency. Every single day there is opportunity to make money. And this has been going on for over a year or more. It is still going on. I'm making more money now with this than I ever did in porn. Apple stock is right at the same price as Bitcoin. Most of you haven't got the knowledge to make informed comments. I understand this is GFY, but if you don't like risk, or don't gamble, or don't even make an effort to understand why others like crypto, why do you think you have a legitimate opinion? It's not going away, and the ones in know are the ones that will make the money. The rest of you will not. That's about it. It's not about the currency is it? It's about selling something someone else is willing to purchase. That is basically all that is needed to make a product legitimate. You don't like farts in a bottle? Maybe someone else does. __________________ CryptoFeeds Last edited by ruff; 03-02-2014 at 12:42 PM..

03-02-2014, 01:48 PM	#35
SEXTANT T-SHIRTS, HOODIES IN SIG Industry Role: Join Date: Jul 2008 Location: Ocean Posts: 4,950	still rockin'! __________________ clothing line with awesome designs wiseowltribe AT gmail DOT com

03-02-2014, 02:22 PM	#37
ErectMedia Confirmed Chicago Pimp Industry Role: Join Date: Aug 2004 Location: Chicago Posts: 7,100	http://www.domaininvesting.com/andy-...sells-gox-com/ http://www.domaininvesting.com/gox-c...hares-details/ http://falkvinge.net/2014/02/28/the-...as-inside-job/ __________________ Domain Name Registration Web3 Domains Last edited by ErectMedia; 03-02-2014 at 02:28 PM..

03-02-2014, 02:54 PM	#38
Zarathustra Confirmed User Join Date: Oct 2005 Posts: 1,094	the banks/gov planted a mole?

03-02-2014, 03:27 PM	#41
Marcus Aurelius No Refunds Issued. Industry Role: Join Date: Apr 2003 Posts: 14,809	Bitcoin is dead. It's just a never ending scam. The only people who make money are wallet websites, that get "hacked" on a regular basis. Dogecoin and other silly coins are totally stupid, supported only by internet nerds. All you have is virtual money in a virtual world. Your money have about the same value as some online role playing game, which is to say, not much.

03-02-2014, 03:32 PM	#42
jscott So Fucking Banned Industry Role: Join Date: Feb 2001 Location: Taipei Posts: 25,198	MarcusAureliuos you are wrong. bitcoins can be downloaded to offline wallets, not so virtual if you do that right? how can an exchange get hacked and lose coins if you protect them offline? surely something u didnt know about right? Also, $560 value per bitcoin, i wouldnt go so far they are worthless. The world will decide its worth and i think the facts speak for themselves