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Dirty F 04-23-2013 09:24 AM

Question for the Bitcoin haters
 
What happened to the word "bubble"?

Haven't heard it anymore in like a week...

dyna mo 04-23-2013 09:30 AM

same thing that happened with all the comparisons to the tulip mania myth?

http://cdn.lightgalleries.net/4bd5ec...tulips-1-2.jpg

jscott 04-23-2013 09:41 AM

It's a Ponzi SCHEME! LOL :1orglaugh







fyi, for those that ever mentioned BITCOIN, a digital currency, is a Ponzi, please enlighten yourselves by reading exactly what a Ponzi is, http://en.wikipedia.org/wiki/Ponzi_scheme you obviously had no idea what it meant and were just re-mentioning it bcos other dumbasses did

PR_Glen 04-23-2013 10:10 AM

Quote:

Originally Posted by jscott (Post 19593220)
It's a Ponzi SCHEME! LOL :1orglaugh







fyi, for those that ever mentioned BITCOIN, a digital currency, is a Ponzi, please enlighten yourselves by reading exactly what a Ponzi is, http://en.wikipedia.org/wiki/Ponzi_scheme you obviously had no idea what it meant and were just re-mentioning it bcos other dumbasses did

in short, a system which leaves one person capable of pulling the rug from everyone and cashing in before anyone knows any better.

are you saying something like that can't possibly happen with this? Did i get that right?

Far-L 04-23-2013 10:15 AM

Question for Bitcoin lovers
 
Why do you insist on spamming bitcoin so incessantly?

You complain if someone spams models, programs, etc. but you won't stop spamming Bitcoins like a useless sigwhore.

Hypocrite. :321GFY

Dirty F 04-23-2013 10:17 AM

Quote:

Originally Posted by far-l (Post 19593289)
why do you insist on spamming bitcoin so incessantly?

You complain if someone spams models, programs, etc. But you won't stop spamming bitcoins like a useless sigwhore.

Hypocrite. :321gfy

Piss off gaylord

DWB 04-23-2013 10:40 AM

It popped when it dropped from $280 and went to $50 (or whatever the exact numbers were). Now it is leveling out to where it should be, hence it is now more stable and less volatile.

Now the market will correctly dictate where it should go from here so long as they don't cripple it again with another, larger attack. But if they can fight them off, Bitcoin will go where it is supposed to be without being manipulated, making it a more reliable and more widely accepted currency.

Far-L 04-23-2013 10:41 AM

Quote:

Originally Posted by Dirty F (Post 19593295)
Piss off gaylord

Not until you pay me in bitcoins...

"Gaylord"? What does that even mean? That I drive a chariot with a rainbow bumper sticker during the pride parade on Fire Island? You have a problem with gay people?

Take your filthy bitcoin board spam and stuff it up your buttcoin you spamming little snit.

edgeprod 04-23-2013 10:45 AM

Quote:

Originally Posted by Far-L (Post 19593346)
"Gaylord"? What does that even mean? That I drive a chariot with a rainbow bumper sticker during the pride parade on Fire Island? You have a problem with gay people?

Gaylord Jackson Perry (born September 15, 1938 in Williamston, North Carolina) is a former Major League Baseball right-handed pitcher. He pitched from 1962-1983 for eight different teams in his career. During a 22-year baseball career, Perry compiled 314 wins, 3,534 strikeouts, and a 3.11 earned run average. He was elected to the Baseball Hall of Fame in 1991.

DWB 04-23-2013 10:48 AM

Quote:

Originally Posted by Far-L (Post 19593346)
Not until you pay me in bitcoins...

"Gaylord"? What does that even mean? That I drive a chariot with a rainbow bumper sticker during the pride parade on Fire Island? You have a problem with gay people?

Take your filthy bitcoin board spam and stuff it up your buttcoin you spamming little snit.

I was always under the impression you do in fact have a rainbow chariot. Are you saying it's not true?

Far-L 04-23-2013 10:49 AM

Quote:

Originally Posted by edgeprod (Post 19593357)
Gaylord Jackson Perry (born September 15, 1938 in Williamston, North Carolina) is a former Major League Baseball right-handed pitcher. He pitched from 1962-1983 for eight different teams in his career. During a 22-year baseball career, Perry compiled 314 wins, 3,534 strikeouts, and a 3.11 earned run average. He was elected to the Baseball Hall of Fame in 1991.

Ahhhh... so if I am pitching then Dirty F must be catching... now it all makes sense, thank you!

Far-L 04-23-2013 10:53 AM

Quote:

Originally Posted by DWB (Post 19593363)
I was always under the impression you do in fact have a rainbow chariot. Are you saying it's not true?

No, you got that right and it is driven by a pink unicorn...

A real one.

Not the kind where you have to jerry-rig something to the head then paint it pink to make it look like one.

I named him Fabulosa but most just call him "Fab".

sandman! 04-23-2013 10:54 AM

some of us just dont care :)

i have no idea what the current pricing is or was a week ago.

jscott 04-23-2013 10:57 AM

Quote:

Originally Posted by PR_Glen (Post 19593280)
in short, a system which leaves one person capable of pulling the rug from everyone and cashing in before anyone knows any better.

are you saying something like that can't possibly happen with this? Did i get that right?

Not sure what nonsense you are reading, or actually, what you are not seeing/reading. But continue researching man. You'll get it eventually. I'll give you a tip, read about why/when and for what the Bitcoins are used for, far before GFY mentioned it. :winkwink:

baddog 04-23-2013 10:59 AM

Quote:

Originally Posted by Far-L (Post 19593289)
Why do you insist on spamming bitcoin so incessantly?

You complain if someone spams models, programs, etc. but you won't stop spamming Bitcoins like a useless sigwhore.

Hypocrite. :321GFY

You had better watch it; with talk like that he is going to put you on ignore. :1orglaugh

dyna mo 04-23-2013 11:04 AM

speak clearly into the pets.com, derp, i mean btc sock puppet microphone please.

http://www.bloomberg.com/image/iHjuvgo6Ex1c.jpg

Far-L 04-23-2013 11:06 AM

Quote:

Originally Posted by baddog (Post 19593384)
You had better watch it; with talk like that he is going to put you on ignore. :1orglaugh

So you are saying he is going to become petulant and start having a frenzy? A petulant frenzy?

The very thought of it whets my whistle for some titties and beer!

baddog 04-23-2013 11:09 AM

Quote:

Originally Posted by Far-L (Post 19593395)
So you are saying he is going to become petulant and start having a frenzy? A petulant frenzy?

The very thought of it whets my whistle for some titties and beer!

You can take that to the bitcoin bank.

Dirty F 04-23-2013 11:14 AM

Quote:

Originally Posted by DWB (Post 19593345)
It popped when it dropped from $280 and went to $50 (or whatever the exact numbers were). Now it is leveling out to where it should be, hence it is now more stable and less volatile.

Now the market will correctly dictate where it should go from here so long as they don't cripple it again with another, larger attack. But if they can fight them off, Bitcoin will go where it is supposed to be without being manipulated, making it a more reliable and more widely accepted currency.

The fuck?
You make sense.
Are you sick or something?

Dirty F 04-23-2013 11:15 AM

Quote:

Originally Posted by Far-L (Post 19593346)
Take your filthy bitcoin board spam and stuff it up your buttcoin you spamming little snit.

:1orglaugh

PR_Glen 04-23-2013 11:16 AM

Quote:

Originally Posted by jscott (Post 19593380)
Not sure what nonsense you are reading, or actually, what you are not seeing/reading. But continue researching man. You'll get it eventually. I'll give you a tip, read about why/when and for what the Bitcoins are used for, far before GFY mentioned it. :winkwink:

you just dodged my question with insults..

try again.

Dirty F 04-23-2013 11:22 AM

Quote:

Originally Posted by PR_Glen (Post 19593418)
you just dodged my question with insults..

try again.

He didn't dodge shit.
Don't be ridiculous.

CamTraffic 04-23-2013 11:23 AM

Nobody fucking cares. You are polluting gfy.


Why isn't he banned ?
How many bitcoins threads do we need?

Threads he started within the last 30_40 days:

What's the best site to buy Bitcoins for people living in Europe?

Why Bitcoin exploded in price

Bitcoins will be the preferred payment option in this industry between webmasters

So what kind of Bitcoin site are you starting?

Who will be the first smart sponsor to pay out in Bitcoins?

In 2010 someone bought a 10k Bitcoin pizza

I'm thinking what the subject of my next Bitcoin thread will be

Poll: Do you own bitcoins?

Porsche Cayman sold for 300 bitcoins

It's so funny to see how the same group of haters are in every Bitcoin thread

Bitcoin ATM Founder: We Already Have Orders From 30+ Countries

What's a good Bitcoin ticker app for the Iphone?

Bitcoin just hit a 1 billion dollar market capitalization!!

A bitcoin is now worth 200 dollars!

I've been reading about Bitcoins for the last 3 days and my conclusion is...

Listen to Bitcoin!

The New York bar that takes Bitcoins

The bitcoin haters

If just one huge tube would accept Bitcoins it would be an awesome thing for this industry

For those who want to start accepting Bitcoin for their online store check out Bitpay

Bitcoin prediction when MtGox opens again tonight

Small Business Owners Say Bitcoins Better than Credit Cards

Bitcoin will be HUGE! Fucking huge!

Dirty F 04-23-2013 11:25 AM

Quote:

Originally Posted by CamTraffic (Post 19593432)
Nobody fucking cares. You are polluting gfy.


Why isn't he banned ?
How many bitcoins threads do we need?

Threads he started within the last 30_40 days:

What's the best site to buy Bitcoins for people living in Europe?

Why Bitcoin exploded in price

Bitcoins will be the preferred payment option in this industry between webmasters

So what kind of Bitcoin site are you starting?

Who will be the first smart sponsor to pay out in Bitcoins?

In 2010 someone bought a 10k Bitcoin pizza

I'm thinking what the subject of my next Bitcoin thread will be

Poll: Do you own bitcoins?

Porsche Cayman sold for 300 bitcoins

It's so funny to see how the same group of haters are in every Bitcoin thread

Bitcoin ATM Founder: We Already Have Orders From 30+ Countries

What's a good Bitcoin ticker app for the Iphone?

Bitcoin just hit a 1 billion dollar market capitalization!!

A bitcoin is now worth 200 dollars!

I've been reading about Bitcoins for the last 3 days and my conclusion is...

Listen to Bitcoin!

The New York bar that takes Bitcoins

The bitcoin haters

If just one huge tube would accept Bitcoins it would be an awesome thing for this industry

For those who want to start accepting Bitcoin for their online store check out Bitpay

Bitcoin prediction when MtGox opens again tonight

Small Business Owners Say Bitcoins Better than Credit Cards

Bitcoin will be HUGE! Fucking huge!

Damn, that's less than i thought.
Might have to do some power posting this week.

DWB 04-23-2013 11:27 AM

Quote:

Originally Posted by Far-L (Post 19593372)
No, you got that right and it is driven by a pink unicorn...

A real one.

Not the kind where you have to jerry-rig something to the head then paint it pink to make it look like one.

I named him Fabulosa but most just call him "Fab".

That's pretty bad ass. Was he expensive? I have a small mountain pony from Peru and had to jerry-rig the horn like you said. He has a complex about it.

Quote:

Originally Posted by baddog (Post 19593400)
You can take that to the bitcoin bank.

:1orglaugh :thumbsup

DWB 04-23-2013 11:29 AM

Quote:

Originally Posted by Dirty F (Post 19593408)
The fuck?
You make sense.
Are you sick or something?

Bitsick.

woj 04-23-2013 11:35 AM

even the biggest bitcoin supporter would see that bubble is forming when price is rising 20% per day...

but it's been pretty stable lately, and more companies in this industry are jumping on board, so bitcoin's future is actually starting to look brighter... :2 cents:

even I (someone who was leaning to the "hater"-side recently) am pretty close to accepting them for work... :thumbsup

jscott 04-23-2013 11:39 AM

Quote:

Originally Posted by PR_Glen (Post 19593418)
you just dodged my question with insults..

try again.

Sorry Glen I didn't mean it as an insult. I'm seeing people anti-BTC all day for no apparent reason, so I just classed you together with them.

And sorry for that.

About your question, sure anything can happen man. the adult affiliate porn game can get killed down to dog bones in a matter of years from a company called Manwin and tube sites, who'd have thought that was going to happen.

So anyways, sure I believe anything can happen. But also, these things have good reason to be around, and VERY many positive things to come. They also have been valuable and useful even before all of us began seeing them as $/profit situations. So they are more solid than you think.

Anyways, peace na, not trying to insult, would rather attempt at giving a different opinion and showing the positive side of BTC than insults, so sorry about that :thumbsup

Far-L 04-23-2013 11:39 AM

I know a freeway offramp with really good exposure, a little competitive - yes; but, if your sign says "will work for bitcoins" then I think that might really give you the edge you need. :2 cents:

Paul 04-23-2013 12:34 PM

Quote:

Originally Posted by DWB (Post 19593345)
It popped when it dropped from $280 and went to $50 (or whatever the exact numbers were). Now it is leveling out to where it should be, hence it is now more stable and less volatile.

Now the market will correctly dictate where it should go from here so long as they don't cripple it again with another, larger attack. But if they can fight them off, Bitcoin will go where it is supposed to be without being manipulated, making it a more reliable and more widely accepted currency.

It shouldn't be sitting this high IMO :2 cents:

It's in a bubble now and I believe it will go down again within the next 2 weeks or IF Mt Gox announce the trading of Litecoins then that'll just be the next bubble.

Quote:

Originally Posted by woj (Post 19593460)
even the biggest bitcoin supporter would see that bubble is forming when price is rising 20% per day...

but it's been pretty stable lately, and more companies in this industry are jumping on board, so bitcoin's future is actually starting to look brighter... :2 cents:

even I (someone who was leaning to the "hater"-side recently) am pretty close to accepting them for work... :thumbsup

Read the FBIs report on Bitcoin from April 2012, it's an interesting read. Here are the cliff notes

Quote:

• As of 18 April 2012, the third-party bitcoin trading platform Mt. Gox recorded more than $8 million in transactions conducted over the past 30 days through Mt. Gox trading, an average of more than $276,000 per day

• According to Bitcoin as of April 2012, there were more than 8.8 million bitcoins in circulation. With the average market price in April 2012 between $4 and $5 per bitcoin, the FBI estimates the Bitcoin economy was worth $35 million to $44 million. - April 2013 Bitcoin Economy Has passed $1 Billion (Current Price 20 April 2012 - $120 Per Coin)

• From May 2011 Bitcoin values fluctuated with exchange rates on Mt. Gox ranging as high as $30 in June 2011 to a low as $4 in December 2011

In July 2011 FinCEN revised the definition of “money transmission service” to mean “the acceptance of currency, funds, or other value that substitutes for currency from one person and the transmission of currency, funds or other value to another location or person by any means.” It is likely that the business models of many third-party bitcoin services qualify them as money transmitters, and therefore money services businesses (MSB), under 31 CR Part 1010.100(ff)(5). Third-party bitcoin services that qualify as money transmitters and who wish to operate legitimately must register with FinCEN, implement anti-money laundering programs, retain certain records, and file suspicious activity reports and currency transactions reports as required.

Additionally, since any third-party Bitcoin service that falls under the MSB rule would do so as a money transmitter, there is not a transaction threshold (such as 1,000 per day) that must be met for the regulations to apply, unlike dealers in foreign exchange or issuers or sellers of checks or monetary instruments.34 (Note: In certain states, third-party bitcoin services would also be required to obtain a state license).

Law enforcement might have opportunities to discover real user identifying information from some third-party Bitcoin services because users must provide the services with real payment account information to buy, sell, trade, and convert their bitcoins. For example, the Terms of Service for the third-party bitcoin trading platform Mt. Gox states “members agree to provide Mt. Gox with accurate, current and complete information about themselves as promoted by the registration process, and keep such information updated.
http://www.wired.com/images_blogs/th...itcoin-FBI.pdf

Make sure the bitcoin exchange you use is registered as a Money Transmission Service kids :pimp

grumpy 04-23-2013 12:51 PM

om not a bitcoin hater, i own some, but its a bubble.

2013 04-23-2013 01:12 PM

buttcoins


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