BITCOIN: Dead, Bankrupt, Gone?
 

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

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

:D

that story is not about bitcoin.

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

:D

:1orglaugh:1orglaugh:1orglaugh :error

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

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

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 :1orglaugh

bitcoin still pretty high 575$

r/bitcoin vs Mark Karpeles

http://i.imgur.com/4lPPqXa.gif

tulip bulbs

dont worry there is also dogcoin and asscoin

mtgox is bitcoin? :1orglaugh

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 :2 cents:

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 :)

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.

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.

no shit, dude defends bitcoin like its his mother.

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

Chill dude :1orglaugh

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 :thumbsup

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 :thumbsup

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.

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

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.

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

:2 cents:

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

:)

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

Good luck all :thumbsup

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.

U are the biggest idiot here :1orglaugh

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.

still rockin'!

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.

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/

the banks/gov planted a mole? :(

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.

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.

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.

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 :)

its called paypal :2 cents:

yeah..informed comments like

hows that BTC trade at 657 doing?

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

you BTC clowns should stop embarrassing yourselves...

:smiling_b

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?

Barefootsies, Josh chimed in perfect timing to show you first hand what I'm talking about, thanks Josh :1orglaugh

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.

:2 cents:

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.

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.

:banana

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.