Bladewire

Who cares you weirdo it's the most random no fucks thing you've ever concocted

OneHungLo

Lmaooooooooooooo

Hey i posted a pic of my chinese crested in that ugly dog thread!

Barry-xlovecam

Axed me? Are you high?
Did you make that up or did someone tell you that?

ruff

It's not worth my time to defend BTC to ignorant biased idiots. That would be a full time job. A number of you seem to get your panties in a bunch about BTC. I wonder why? It's certainly not like controlled diamonds or gold. 99.9% of the information posted here by BTC haters is factually wrong. So I call out some of the more flagrant bullshitters, if that's an "attack" tough fucking shit. Stupid people need to be called on their crap especially on this forum. If you think BTC is a ponzi scheme, maybe you should brush up on the definition of ponzi scheme. Do. You. Get. What. I. Am. Saying!

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OneHungLo

Bladewire

So cute! I posted mine

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Bladewire

I was hoping to learn more about Bitcoin/crypto trading in this thread that's all no big deal.

I didn't say it was a Ponzi scheme I said it was a pyramid scheme.

You know "get in early to make money" like in pyramid schemes. "Oh and to mine Bitcoin you need this equipment" "oh and that equipment will be outdated every 3 months" I watched a great documentary on the beginning of Bitcoin , it was interesting, it followed a miner and an exchange and some others, I can't remember the name of it.

I'm glad you have passion about something that's cool

money biz

I own a gaming website (hacks, skins, ect). Few years ago I took gift cards for payments since all the customers are kids. Now they all use bitcoin (thanks twitch). It's actually scary knowing a 13 year old kid knows how to use bitcoin.

Bladewire

It's weird knowing all your Bitcoin can disappear without a trace and you have no recourse.

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money biz

The dollar can collapse any day too. In fact the gov knows it will. Trumps wall is to keep Americans from escaping into Mexico.

Goethe

Chaturbate and Streamate now accept Bitcoin. It would be nice if they starting paying affiliates in Bitcoin too.

ruff

This forum is certainly not the place to learn anything about BTC.

"In both Ponzi schemes and pyramid schemes, existing investors are compensated by the contributions of new investors. Ponzi scheme participants believe they are earning returns from their investment, while pyramid scheme participants are aware that they are earning money by recruiting new participants." Girard Gibbs, LLP

If someone steals your gold and melts it down, it is gone without a trace and you have no recourse. If someone steals your diamonds and recuts them, they are gone without a trace, and your cash, and etc. What is the difference?

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Jel

don't waste your time mate... the days of this forum being a place to share/learn stuff amongst other biz minded people are long gone. Trolls, haters, look-at-mes, the genuinely mentally ill, and fucking weirdos are all that make up 90% of the daily posts here. Drop in, troll back over coffee, and fuck off to make money... serious posts are wasted here.

Barry-xlovecam

If my house burns down it is insured -- I will recover most of the loss.
Each bank I use has FDIC insurance -- each account is insured up to $250K.
If your Bitcoins go poof -- you will get a stick up your ass -- same could be said for stocks and most investment securities.

Good luck with predicting probabilities.

ruff

???????????????????

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ruff

For the rest of you, here is some extremely relevant information on what Bitcoin is really all about.
The ultimate, 3500-word, plain English guide to blockchain
Get some knowledge.

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Choopa Phil

How does one steal your bitcoins if you keep them offline in cold storage wallets?

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jscott

He must be talking about home invasions now.... who knows with these sore losers. But anyways, it's a legit concern, home invasions can happen to anyone.

Bladewire

How do I get a refund or chargeback if I get ripped off? Does Amazon accept Bitcoin? Will they ever? Why/why not?

Choopa Phil

Still cant access the wallet without my private key...and i can still access my coins without the actual hardware wallet. Keep 30 word pass code written in a bank lock box.

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ruff

Let's say you're at the baddest, nastiest biker bar in Bakersfield and some burly motherfucker grabs that beer you just bought before you could even take a drink and chugs it right in front of you. How exactly would you get a refund or chargeback?

You're not really getting this are you? It's not about the coin as spending money, it's about the blockchain. Now do you see why I don't waste my time trying to educate? As far as Amazon, ask Jeff Bezos what his plans are, who else would really know?

You know that old saying, you can't see the forest for the trees? You are focusing on the wrong thing.

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Mickey_

Funny thread, to say the least.

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TheSquealer

To be fair, that's all sides of any argument... not matter what side anyone is on. That's simply how the brain works.

But anyway, let's look at the inverse for a moment as I'm beginning to.

Of course, Bitcoin et al are like buying unicorn tears in a bottle for [insert any reason here]. it's not a registered security. It's not a currency backed by world governments. It's not insured etc. Its value is determined 100% by demand and the simple belief that if you hold a 100.00 bill in your hand, the next guy will accept it as payment and accept its value as 100.00 and on and on (as with currencies that float on the open market) - not by a complex web of governments, trade, oil, financial markets etc.

The investment is not in which was a currency will go based on whatever economic factors are the primary movers of that currency (exports, political stability/instability, GDP etc).

The investment is simply in "are there enough delusional people online suffering from paranoid related disorders, schizophrenic disorders, anxiety disorders etc etc etc who will increasingly turn away from government and authority as they're driven to do and invest in a dream of a world without control and rules... who can continue to find each other online and pool the power of their collective insanity". This dream has existed since the dawn of man. It's never happened. It's never worked. But... it's a dream that's always alive in spite of that obvious fact... and usually driven by mental disorders (i.e. the constant internal chatter of anxiety, the legions of psychopaths who despise rules and views it as "control" (something you see a lot of here on this forum), the schizophrenic who thinks the government is reading his brain and broadcasting his thoughts etc).

again, let's examine that statement. Let's call "crypto currency",.... Scientology. The bet is not in whether it is real or not, whether Xenu exists or not. The bet is whether or not Scientology can continue to gain believers,.... which in turn drives the price. That's it.

I'm starting to see that demand is not going to go down.... between the casual and curious, the large, intelligent investors gambling against the insane or the insane betting against world governments and rules in general, there is going be growing demand.

Obviously, at some point, governments will have to intervene in a real way. Not being of the mentally ill who despise authority, i see betting against world governments ability to protect their currencies as a very poor bet.The risk, of course, is that value can plummet over night by simple market manipulation or bad news - even a rumor.... a government who sees it as a threat could buy up $75,000,000.00 across a lot of accounts and then announce it's not safe. It's not secure. They've cracked it. That they've arrested the 26 account owners of that $75,000,000.00 and charged them with major crimes or whatever. It's always possible and not being transparent as normal financial transactions, harder to verify the story - not that hard to come up with a scheme to destroy the value, if only temporarily. But even then, I suspect it would simply restart the cycle over, creating the same new opportunity and boom each time, encouraging more people to get in on the early.

MedCash_Miller

well, this thread certainly made me more hesitant about messing with Ethereum...

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Hannes

I'm guessing this is like the new bitcoin type of situationl? I don't really keep up with this stuff a

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