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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Geo Cities
Industry Role:
Join Date: Aug 2003
Location: North Captiva Island, Florida USA
Posts: 11,830
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Why Bitcoin Is Not Working (Video)
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#2 |
Webmaster
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Join Date: Mar 2007
Location: BP4L - NL/RO
Posts: 16,561
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I actually watched the whole video
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#3 |
Nick Baer
Industry Role:
Join Date: Jun 2005
Location: In Europe. Using high speed Internet to update my studios.
Posts: 1,353
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The first crash last December (or so) was when Asian governments started banning crypto.
In Jan 2018, Peter Thiel put major bucks into a BTC buy, and day traders cashed out. BTC price went from $14,000 to $7,000. After Peaks in Sept and Oct 2017, current prices are: BTC $7,000, ETH $402, and LTC $120, are now back to what they were 1 year ago. If you have a Coinbase account, you can get realtime price updates.
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Made my first porno in 1986. Sold my first VHS in 1993. Did my first live Cam in 1994. Coach-Karl.com NickBaerGallery.com I host with MojoHost.com and To Buy or Sell Sites Imagine AI Content |
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#4 |
Too lazy to set a custom title
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Join Date: Dec 2004
Location: Happy in the dark.
Posts: 93,177
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The summer of love for cryptos has ended ...
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#5 |
So Fucking Banned
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
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wow that video was decent until they claiming the 1 flaw of bitcoin is volatility
also, bitcoin right now is doing everything it set out to do |
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#6 |
Confirmed User
Industry Role:
Join Date: Jun 2003
Location: Switzerland / Germany / Thailand
Posts: 5,469
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yes ! making a lot of idiots poor and a few smart ones rich.
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#7 |
So Fucking Banned
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
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the dumbucks are the sellouts. remember... only sellouts at $6k are ppl who dont know trust or believe in future of the only non gv owned currency in the world
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#8 | |
Confirmed User
Industry Role:
Join Date: Jun 2003
Location: Switzerland / Germany / Thailand
Posts: 5,469
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Quote:
the last crash was already to 6.600 this week and that means that the new support line will be already at 6500 or lower. but don´t worry - the good thing on it that the data sticks where the bitcoins are saved on will reach soon the value of 1 BTC ![]() ![]() ![]() |
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#9 |
So Fucking Banned
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
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so ur care only is the price? the price is the least of btc value
question for u , do u find any value in btc? if so, what? |
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#10 | |
Confirmed User
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Join Date: Jun 2003
Location: Switzerland / Germany / Thailand
Posts: 5,469
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Quote:
there is nothing existing what i can not buy without cryptos and as i am not a gambler i also don´t speculate with it. IF i would do i would speculate on falling. but for speculations there are already so many possibilities - we do not need another one what is additionally destroying the environment. so NO - I do not see anything what is good for ME or MY FREEDOM. but yes I can see a few aspects for the ones who want to make us to glassy people and this is why i believe that the blockchain technology will survive - but this is unfortunately more curve than blessing. |
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#11 |
Confirmed User
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Join Date: Jul 2012
Posts: 3,068
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Volatility is a big problem.
Bitcoin might very well fail in the long run, but maybe this is just a stepping stone. I would like to see cryptos move from an investment/store of wealth to more of a currency. I am sure they are still being used as currency on the dark markets. I wanted to buy some software that had a huge chargeback rate. With paypal the vendor was making me jump through hoops, I think if I had used bitcoin there would not have been a problem.
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#12 |
I have a plan B
Industry Role:
Join Date: Aug 2004
Location: Seattle - Miami - St Kitts
Posts: 5,501
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The genius bar is now open.
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#13 | |
So Fucking Banned
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Join Date: Feb 2001
Location: Taipei
Posts: 25,198
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Quote:
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#14 |
Let's Make Money
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Join Date: Dec 2008
Posts: 8,784
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i am still HODLing!
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#15 |
Making PHP work
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Join Date: Nov 2002
Location: 🌎🌅🌈🌇
Posts: 20,278
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I did that on some computer company stocks about 15 years ago and that's part of why
I'm broke now. ![]()
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#16 |
Too lazy to set a custom title
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Join Date: Dec 2011
Posts: 26,732
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do not fall in love with a stock/investment....learn to manage losses and keep them as small as possible...
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#17 |
Too lazy to set a custom title
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Join Date: Dec 2011
Posts: 26,732
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6500...dipety dip!
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#18 |
Too lazy to set a custom title
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Join Date: Dec 2004
Location: Happy in the dark.
Posts: 93,177
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#19 |
So Fucking Banned
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Join Date: Apr 2003
Location: online
Posts: 8,766
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#20 |
Fake Nick 1.0
Industry Role:
Join Date: Oct 2005
Location: Rent free, your head
Posts: 27,653
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Who has the ability to move a market hundreds of billions in less than 24 hours?
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#21 |
Confirmed User
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Join Date: Jun 2003
Location: Switzerland / Germany / Thailand
Posts: 5,469
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loool - i can sell you a lot of zeros and ones if you are interested. guaranteed not owned by any government.
but before you tell me how economy works think about how you want to get a bitcoin loan. do you think that any economy would survive if someone said 2 years ago: i will lend you 100 bitcoins - give me back in 2 years. do you REALLY understand what that would mean ? ANY economy in the world is based on lending money or information about a future production price. volatil currency is pure poison. try this game with bitcoin and you will see how fast it will be fucked. the problem of this "nice dream" is that only people with ZERO knowledge about economy are really believing in it. and yes - there are also some in the game who know about economy. they will have the money from the no-skilled players at the end. so far so good and if someone knows that it is fine and have the same right to exist as las vegas. but to tell people legends like "this will replace the real money" is a ponzi crime. maybe you just should invest a few bucks in "economy for dummies" to understand WHY this can not work. |
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#22 | |
So Fucking Banned
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
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are those decentralized?
these are somewhere in between finite and infinite 3rd party necessary for these? yes Quote:
"they" drive the price up, and price down... profit ability is there for any one of us. For you gold investors, prop up your investment by spreading what's great about it, rather than taking easy cheap stabs at bitcoin |
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#23 |
Confirmed User
Industry Role:
Join Date: Jun 2003
Location: Switzerland / Germany / Thailand
Posts: 5,469
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correct - and those materials do not only have a symbolic value. they have a value since thousands of years and even countries back up with them.
gold, silver and platinum is used in every smartphone - diamonds are used in laser technology and and in high-tec saws YES ONES and ZEROS are also used there but they are for free. |
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#24 | |
Confirmed User
Industry Role:
Join Date: Jun 2003
Location: Switzerland / Germany / Thailand
Posts: 5,469
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Quote:
the day will come when you will learn it. |
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#25 | |
So Fucking Banned
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
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Quote:
Also, you are really trying too hard to be an economic strategist. Really man, this is GFY, relax. If you cannot see just one great quality of Bitcoin, then you are surely biased or completely blind. Credibility lost. So now i ask you, name one good thing? |
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#26 | |
So Fucking Banned
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
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Quote:
![]() chillout dude, your bias is noted, i understand your fight to protect your investment, but lets do it fairly without your lies (ponzi, and all the other bs you try spreading) |
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#27 | |
So Fucking Banned
Industry Role:
Join Date: Apr 2003
Location: online
Posts: 8,766
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Quote:
3rd party neccessary ? of course is NOT needed, not sure why you think its needed for these ? + limited supply = just like minable coins +, what makes them even better = physical (u may have them in your hands, if you dont trust computers) + not so volatile like cryptos, price more or less stable + perfect for storing value longterm + intenrationally reconized by everyone around the world since 1000s of years + dont need electricity/ working Internet |
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#28 |
So Fucking Banned
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Join Date: Nov 2008
Location: with your dream girl
Posts: 4,941
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#29 | |
Confirmed User
Industry Role:
Join Date: Jun 2003
Location: Switzerland / Germany / Thailand
Posts: 5,469
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Quote:
when i was young it was different and I was believing a lot of that bullshit - my brain made it possible to get me back into a good life after i was ruined a few times from such opportunities. so no - i do not have to fight for my investments at all - this is exactly what you do because when everybody would think like me your investment would be just what it is ONES and ZEROS. be honest, you do not have any economic skills - you are just addicted to a sweat dream what is taking you from the reality. that´s one of the worst and most poupular drugs in the world. no - i do not want to blame you for that because i was like that too when i was young (and i was young for a fucking long time). there are only 2 things in the world what are need to survive: 1. empathy 2. logic if you have this 2 things and maybe additionally a few skills you can survive without trying to make money from money because it can not work - it is illogical. even when someone lends money for interest it will help at the end to produce something and THIS IS the idea behind money. and now i will tell you what i see "GOOD" in it: IF the crypto hype was an idea of the energy companies it was a good one FOR THEM. |
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#30 | |
Fake Nick 1.0
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Join Date: Oct 2005
Location: Rent free, your head
Posts: 27,653
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Quote:
I made money. I won't stay in with the hopes they eventually quit manipulating it. Sure I could ride the waves, and I did for awhile until it became no fun.. Best to just walk away with my winnings and see where the dust settles. There are those who walked away up, those who walked away down and those who are "holding" up or down that will continue on gambling until the house gets whatever they want and then some.
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