$600 Bitcoin
- Thread starter r3p1v
- Start date
You are on quite the troll roll.
If my past arguments and Molyneux's arguments can't let you see something so big that tens of thousands of people understand and are optimistic about, then I can only conclude that you are either blinded by your gold fever or are simply retarded.
Here is stefbot's incomplete but good answer one more time for you just in case you honestly missed it:
[ame=http://www.youtube.com/watch?v=Cs6F91dFYCs]The True Value of Bitcoin: What You Really Need To Know - YouTube[/ame]
I can name several other secondary uses for bitcoin on here that he's not talking about, like simple freedom of information, (think Wikileaks but with no website) smart property synch-up & control and some really fun stuff having to do with proving identity deniably.
I know of few things on this planet with as many usesl as the bitcoin blockchain. Perhaps duct tape and WD-40... But I'd rather have the blockchain in today's world.
Bitcoin is the bablefish of our world. But no, one of its unintended uses threatens yer gold so you can't see the value at all, can you? Absolutely pathetic.
So according to you, simply because I anthropomorphized something that I feel is important and bigger than a human, I don't even know what the word slander means?
You're so incredibly picky that it could be called grammar trolling. This kind of pickiness doesn't make you look smarter in anyone's eyes here.
LOL; It'd be obvious to you if you weren't blinded by gold fever.
For the sake of helping promote merchant adoption, I do use it a bit. As I said, two whole coins which is almost $2,000 worth now.
One day, looking back at those two spent bitcoins will cause a little bit of pain, but I'll know it was worth it because spending them helped the network effect grow the success (and therefore price) of what my bitcoins are worth that day.
Correction: It has the Potential for so much utility, because obviously all merchants haven't been forced to accept it yet.
Once they do of course, a bitcoin will be worth a couple more orders of magnitude than it is now, and therefore I won't have any problem spending satoshis here and there for everything in my life but taxes.
I've been studying the Bitcoin network for years now on an everyday basis. You don't see me offering predictions on google's behavior or many other areas we talk about do you?
In fact these predictions aren't even mine. I'm quoting lots of other people, even Mises scholars and journalists who have said the exact same thing first.
This isn't a rock. This is the most mind-bogglingly useful & disruptive technology ever invented besides the internet itself.
The internet wasn't constrained in people's minds as being a commodity to speculate on. If there were "Internet bucks" back in 1992 that helped form the internet & people wound up speculating on them, I bet the situation would have unfolded exactly like you are seeing with bitcoin today.
It's such a non-starting, short-sighted explanation tho!
The internet exists. You're reading from it now, and would never have known I exist without it. Information, relationships, and most other important things in your life use it daily. Just because old people use words like "virtual" and "cyber" as prefixes to those things doesn't make them worth anything less than things that you can immediately touch.
The reason that you feel otherwise is because the inherent lack of scarecity online. All data can be copied, forged, counterfieted and hacked.
Except info on the bitcoin blockchain. This is precisely why it's so special. It's kind of the best of both worlds; it has the benefits of being online without the drawbacks that allow copying, forgery, counterfeiting and hacking.
In a nutshell, the blockchain is online Integrity, pure and simple.
It only sounds silly to those who are pure speculators.
If you do some back-o-the-napkin calculations, you'll see the potential to go over a million per bitcoin is easily there... Even without a major government collapsing into it. (But one likely will, since they'll be able to tax less than before.)
Lol; haters gonna hate I guess... Enjoy your shiny, depreciating rocks.
Damn, fooled me there. Was that some kind of troll trap?
All this talk about regression theorem and sound money and usefulness of the underlying commodity and you don't even own any gold?
What exactly is your reason for being the most prolific poster on all these bitcoin threads anyway?
which means you've found a bit of time between feeding your dogs & doing chores for your parents, right?
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I look after my disabled parent, so if this is a cheap shot, you're a pretty small person for coming at my relationship with my family over an internet forum.
For the record, the hired help does the chores and I don't feed the dogs.
shouldn't have done it, no excuse. my sincerest apologies. dumbfuck on my part. dumbest fuck, to be clear.
if youre not holding a position in gold, arent you holding a position in not-gold?
Implicitly, yes.
Did you ever see the movie, "They Live"?
I am Roddie Piper with the sunglasses on. Perhaps a tad more melancholy.