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-   -   [irony] So i need to move my money out of cyprus (https://gfy.com/showthread.php?t=1104692)

pornmasta 03-29-2013 08:48 AM

[irony] So i need to move my money out of cyprus
 
- Let's buy some cyprus bitcoins (i'll sell them at a good price to the cyprus population, the cyprus gvt pissed me of, they can lol :anarchyincyprusnya: )
- Since i bought the bitcoins at 500% of the price, it affects the bitcoin's value and now the bitcoins worthes much more. This is basically a bubble. So what i need to do is to resell my bitcoins at even more that i bought them.
- Let's find some stupid american or japanese, with a lot of real money. I'll tell them, that they are buying "hacker money". It sounds hype and cool.
- Resell these bitcoins to them.

The chart of the bitcoin will eventually crash (if you analyze the chart, you'll see that this is a typical bubble)... but it's function of the amount of money that people have to launder. So while people are ready to buy some at the full price because they need to move money out of europe, bitcoins will stay at a high level.

Supz 03-29-2013 09:26 AM

Did you hear the joke about the bitcoin?

A bitcoins walks into a bitcoin, one bitcoins says to the other bitcoins. Bitcoin!!!!


ahahahahahha

pornmasta 03-29-2013 09:30 AM

Quote:

Originally Posted by Supz (Post 19551759)
Did you hear the joke about the bitcoin?

A bitcoins walks into a bitcoin, one bitcoins says to the other bitcoins. Bitcoin!!!!


ahahahahahha

explain it to me.

seeandsee 03-29-2013 09:59 AM

Quote:

Originally Posted by pornmasta (Post 19551718)
- Let's find some stupid american or japanese, with a lot of real money. I'll tell them, that they are buying "hacker money". It sounds hype and cool.
- Resell these bitcoins to them.

.

you are probably right about this part, but i think this can go for a long time. people buying BC will not sell them fast, and people (selling them from their cheap bc wallet) making rich on this will sell it for a long time at high price.

mayabong 03-29-2013 10:01 AM

Quote:

Originally Posted by pornmasta (Post 19551718)
- Let's buy some cyprus bitcoins (i'll sell them at a good price to the cyprus population, the cyprus gvt pissed me of, they can lol :anarchyincyprusnya: )
- Since i bought the bitcoins at 500% of the price, it affects the bitcoin's value and now the bitcoins worthes much more. This is basically a bubble. So what i need to do is to resell my bitcoins at even more that i bought them.
- Let's find some stupid american or japanese, with a lot of real money. I'll tell them, that they are buying "hacker money". It sounds hype and cool.
- Resell these bitcoins to them.

The chart of the bitcoin will eventually crash (if you analyze the chart, you'll see that this is a typical bubble)... but it's function of the amount of money that people have to launder. So while people are ready to buy some at the full price because they need to move money out of europe, bitcoins will stay at a high level.

Bitcoin has other uses other than investment, lots of people buy bitcoins without the intent of ever cashing theirs out, like myself.

pornmasta 03-29-2013 10:56 AM

Quote:

Originally Posted by mayabong (Post 19551799)
Bitcoin has other uses other than investment, lots of people buy bitcoins without the intent of ever cashing theirs out, like myself.

According to your signature, you want to keep bitcoin in motion.

"Bad money drives out good"
http://en.wikipedia.org/wiki/Gresham's_law

:winkwink:

mayabong 03-29-2013 10:58 AM

Quote:

Originally Posted by pornmasta (Post 19551861)
According to your signature, you want to keep bitcoin in motion.

"Bad money drives out good"
http://en.wikipedia.org/wiki/Gresham's_law

:winkwink:

Not sure what you mean by in motion.

pornmasta 03-29-2013 11:00 AM

Quote:

Originally Posted by mayabong (Post 19551863)
Not sure what you mean by in motion.

in this case, in circulation

mayabong 03-29-2013 11:24 AM

Quote:

Originally Posted by pornmasta (Post 19551869)
in this case, in circulation

Yeah of course, its a currency its meant to be in motion.

pornmasta 03-29-2013 11:35 AM

Quote:

Originally Posted by mayabong (Post 19551906)
Yeah of course, its a currency its meant to be in motion.

especially when it's unreliable money, you have to hurry up to use it.

pornmasta 04-01-2013 03:12 PM

Quote:

Originally Posted by pornmasta (Post 19551718)
- Let's buy some cyprus bitcoins (i'll sell them at a good price to the cyprus population, the cyprus gvt pissed me of, they can lol :anarchyincyprusnya: )
- Since i bought the bitcoins at 500% of the price, it affects the bitcoin's value and now the bitcoins worthes much more. This is basically a bubble. So what i need to do is to resell my bitcoins at even more that i bought them.
- Let's find some stupid american or japanese, with a lot of real money. I'll tell them, that they are buying "hacker money". It sounds hype and cool.
- Resell these bitcoins to them.

Insert after line 2 (in line 3):
- Use your puppets to spam how bitcoins are cool on the biggest forum. Don't miss a thread that you could do. Spam blatantly and as much a you can, the bigger the better.
The goal of this is to increase the bitcoin's value even more.

fendlestick 04-01-2013 03:17 PM

without bitcoin what would my 12 radeons do...poor little gpu's.

pornmasta 04-01-2013 03:21 PM

Quote:

Originally Posted by fendlestick (Post 19555937)
without bitcoin what would my 12 radeons do...poor little gpu's.

And what would the power plant do?

This is the stupidity of capitalism: work to produce shit.
At least when you produce porn, you produce something.
I hope these hashs are useful for someone.


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