RodCrosby Posted March 17 Share Posted March 17 (edited) Yawn... { Educate yourself } NEXT ! Edited March 17 by RodCrosby Quote Link to comment Share on other sites More sharing options...
Lucky Larry Posted March 17 Share Posted March 17 7 minutes ago, RodCrosby said: Yawn... NEXT ! Oooooh CAPLOCKS and bold , impressive 😂 Quote Link to comment Share on other sites More sharing options...
RodCrosby Posted March 17 Share Posted March 17 (edited) For the hard of hearing... Quote “If you don't believe me or don't get it, I don't have time to try to convince you, sorry.” ― Satoshi Nakamoto, 2010 NEXT ! Edited March 17 by RodCrosby Quote Link to comment Share on other sites More sharing options...
RodCrosby Posted March 17 Share Posted March 17 (edited) On 16/03/2024 at 08:05, scottbeard said: But those are just as arbitrary? Where they DO differ is that they are about you and not about bitcoin. Which is a valid alternative view. BUT they are all predicated on bitcoin being a viable and beneficial investment over the medium to long term. If you don't believe that will happen your mindset will naturally be very different. No they are not arbitrary. "$100k, take 50% 'profit'" means you haven't the foggiest what that means for YOU [who is the only person interested at all in this. kapiche?]. That is arbitrary it's just an emotional, knee-jerk spasm. Errrm. Sounds like a 'big' number, better cut-and-run... Don't be a benny... You really don't know what a BIG number is. or where BTC is going. Edited March 17 by RodCrosby Quote Link to comment Share on other sites More sharing options...
Jonesy74 Posted March 17 Share Posted March 17 1 hour ago, Lucky Larry said: By solving a sum nobody needs the answer to . BTC can only go up (sound familiar) . Only really clever people can understand blockchain technology Where to start with this…. You seriously don’t have a clue. There’s only two reasonably simple things to understand to understand bitcoin/blockchain, hashing and public key encryption/signing. Do some reading. And bitcoin is open source. It doesn’t matter who created it, that’s one of the main points! Quote Link to comment Share on other sites More sharing options...
Jonesy74 Posted March 17 Share Posted March 17 4 hours ago, scottbeard said: Actually do you know what - I don’t know why I’m being sucked into these conversations! as I said I don’t see a particularly rosy future for bitcoin I just want in and out for a quick profit so maybe one of the true believers should answer you 😁 Give it another year and you’ll be a believer 😜 Quote Link to comment Share on other sites More sharing options...
PropertyMania Posted March 17 Share Posted March 17 (edited) 8 hours ago, scottbeard said: Yes but flip that round .... bitcoin is the same for the hard bit and better for the easy but so better overall transferring bitcoin raises way more money laundering alarm bells than for fiat (and fair enough, it's real world usefulness is almost 100% crime related). Many UK banks now won't accept payments to or from exchanges. It's only going to get harder Edited March 17 by PropertyMania Quote Link to comment Share on other sites More sharing options...
scottbeard Posted March 17 Share Posted March 17 49 minutes ago, RodCrosby said: You really don't know what a BIG number is. or where BTC is going. No, I don't know. I have suspicions, but I don't KNOW. I am wary of claims from those that "KNOW" the future, too. 14 minutes ago, dannyf said: Give it another year and you’ll be a believer 😜 Well let's see - I'm sure I'll still have some in a year's time and be following closely! If the facts change, I change my mind. But the near religious certainty of some posters is a red flag for me. 12 minutes ago, PropertyMania said: transferring bitcoin raises way more money laundering alarm bells than for fiat (and fair enough, it's real world usefulness is almost 100% crime related). Many UK banks now won't accept payments to or from exchanges. It's only going to get harder 100% crime related? Honestly, I think that means you just haven't looked hard enough. Only going to get harder? They'll ban it, people said. They'll never allow ETFs, people said. etc etc. The reality is that owning and dealing in Bitcoin is becoming MORE NORMAL and not less normal, because people are using it more for all sorts of purposes (no doubt illegal and legal). Quote Link to comment Share on other sites More sharing options...
scottbeard Posted March 17 Share Posted March 17 What I would say though is that I was about to quit HPC - I even asked for my account to be deleted. But it takes a few days cooling off period and I find this discussion interesting so I have cancelled it. It is genuinely great to hear all sides of the debate on a topic like this. Quote Link to comment Share on other sites More sharing options...
Lucky Larry Posted March 18 Share Posted March 18 (edited) Why is it that the crypto crowd get so abusive to people who don't believe in their new money? It's almost as if they know they need new adherents to throw money into the ponzi scheme or need to be re-assured they are correct . It's a speculative boom and bust casino if they can't admit that most coins fit that narrative then they're not very smart themselves Edited March 18 by Lucky Larry Quote Link to comment Share on other sites More sharing options...
RodCrosby Posted March 18 Share Posted March 18 42 minutes ago, Lucky Larry said: Why is it that the crypto crowd get so abusive to people who don't believe in their new money? It's almost as if they know they need new adherents to throw money into the ponzi scheme or need to be re-assured they are correct . It's a speculative boom and bust casino if they can't admit that most coins fit that narrative then they're not very smart themselves We're not interested in most coins. The thread title informs you of that. We don't need new adherents. The new adherents are appearing of their own free choice every day and are paying the price for BTC that they deserve. Oh, and the World Bank told you 10 years ago that Bitcoin is NOT a Ponzi. You must be able to get help somewhere for your ailment. https://www.urbandictionary.com/define.php?term=Bitcoin Derangement Syndrome (BDS) Good Luck. Quote Link to comment Share on other sites More sharing options...
Lucky Larry Posted March 18 Share Posted March 18 1 minute ago, RodCrosby said: Oh, and the World Bank told you 10 years ago that Bitcoin is NOT a Ponzi. Oh the World Bank , the biggest fiat ponzi scammers on the planet well that's me convinced 🤣 Quote Link to comment Share on other sites More sharing options...
Lucky Larry Posted March 18 Share Posted March 18 3 minutes ago, RodCrosby said: You must be able to get help somewhere for your ailment. Thanks so much for caring about me missing out on this once in a lifetime opportunity do you also sell timeshares in Lagos for Nigerian Princes ? I may have some spare left over after investing in your invisible coins recommended by Blackrock inc Quote Link to comment Share on other sites More sharing options...
markyh Posted March 18 Share Posted March 18 1 hour ago, Lucky Larry said: Thanks so much for caring about me missing out on this once in a lifetime opportunity do you also sell timeshares in Lagos for Nigerian Princes ? I may have some spare left over after investing in your invisible coins recommended by Blackrock inc Nocoiner wage cuck. Quote Link to comment Share on other sites More sharing options...
dugsbody Posted March 18 Share Posted March 18 13 hours ago, scottbeard said: Actually do you know what - I don’t know why I’m being sucked into these conversations! as I said I don’t see a particularly rosy future for bitcoin I just want in and out for a quick profit so maybe one of the true believers should answer you 😁 I don't mind talking about it with you because I'm also not a true believer. I own BTC (and ETH) because: 1. Pascal's wager 2. I actually do believe some of the arguments around people wanting to continue to own it and bidding the price up perpetually. I never believed that from 2013 or so when I first looked into it until 2017 when I first bought. But the evidence showed it wasn't going away so clearly enough people feel differently about it to make it a self fulfilling prophecy. 3. Even though I work in the industry I have a fairly strong dislike for the core of the financial services industry coupled with government control. I am not a full on rage against the machine type, but I do like the fact that Bitcoin has the possibility to take some power back that they seem to have taken from us. I need BTC to be around $200kish at which point I'm more than financially free, quite comfortable when combined with my other investments. Quote Link to comment Share on other sites More sharing options...
Lucky Larry Posted March 18 Share Posted March 18 29 minutes ago, markyh said: Nocoiner wage cuck. This time next year you'll be a billionaire Rodney , cushty my son. Quote Link to comment Share on other sites More sharing options...
wighty Posted March 18 Share Posted March 18 2 hours ago, Lucky Larry said: This time next year you'll be a billionaire Rodney , cushty my son. Come on Larry, who are you really?. Is it you, Markyh, pranking?. Quote Link to comment Share on other sites More sharing options...
RodCrosby Posted March 18 Share Posted March 18 Standard Chartered: $150k this year, $250k next. https://www.coindesk.com/markets/2024/03/18/standard-chartered-raises-year-end-btc-forecast-to-150k-sees-2025-high-of-250k/ Quote Link to comment Share on other sites More sharing options...
Huggy Posted March 18 Share Posted March 18 2 minutes ago, RodCrosby said: Standard Chartered: $150k this year, $250k next. https://www.coindesk.com/markets/2024/03/18/standard-chartered-raises-year-end-btc-forecast-to-150k-sees-2025-high-of-250k/ Nice. Homeownership this year then Close to retirement next year if true... Quote Link to comment Share on other sites More sharing options...
PropertyMania Posted March 18 Share Posted March 18 15 hours ago, scottbeard said: 100% crime related? Honestly, I think that means you just haven't looked hard enough. Only going to get harder? They'll ban it, people said. They'll never allow ETFs, people said. etc etc. The reality is that owning and dealing in Bitcoin is becoming MORE NORMAL and not less normal, because people are using it more for all sorts of purposes (no doubt illegal and legal). Bitcoin has almost no purpose for legal activities. A very vague case could be made for international remittances, but within a country, what is the point when it's expensive, slow and volatile?. I don't know anybody who has ever made a non-speculative legal transaction in bitcoin, and why would they? Quote Link to comment Share on other sites More sharing options...
scottbeard Posted March 18 Share Posted March 18 1 hour ago, PropertyMania said: Bitcoin has almost no purpose for legal activities. A very vague case could be made for international remittances, but within a country, what is the point when it's expensive, slow and volatile?. I don't know anybody who has ever made a non-speculative legal transaction in bitcoin, and why would they? OK fair enough Dont buy any then the rest of us will make loads of money out of it in the short term, and then it doesn’t matter what happens to bitcoin in the long term Quote Link to comment Share on other sites More sharing options...
scottbeard Posted March 18 Share Posted March 18 1 hour ago, PropertyMania said: . I don't know anybody who has ever made a non-speculative legal transaction in bitcoin, and why would they? Oh and I know dozens of people connected with buying collectibles across different countries who have done it but I won’t bother mentioning it because your mind is made up and you’ll just find more reasons to declare bitcoin useless ..: Quote Link to comment Share on other sites More sharing options...
PropertyMania Posted March 18 Share Posted March 18 21 minutes ago, scottbeard said: Oh and I know dozens of people connected with buying collectibles across different countries who have done it but I won’t bother mentioning it because your mind is made up and you’ll just find more reasons to declare bitcoin useless ..: Lol, because a bitcoin ponzi cult member's mind isn't made up.. Quote Link to comment Share on other sites More sharing options...
Jonesy74 Posted March 18 Share Posted March 18 2 hours ago, PropertyMania said: Bitcoin has almost no purpose for legal activities. A very vague case could be made for international remittances, but within a country, what is the point when it's expensive, slow and volatile?. I don't know anybody who has ever made a non-speculative legal transaction in bitcoin, and why would they? You can add me to your list of people. I’ve bought hard drives with bitcoin from newegg.com in the past. I’ve also paid for VPN service with bitcoin. I didn’t find it expensive or slow. In fact it was confirmed on the blockchain much much faster than a credit card transaction is finalised and no longer reversible. And it was much cheaper than the 1.5-3.5% credit card merchant fees. Of course, given Greshams law, I did immediately add back to my balance via Coinbase using depreciating fiat. Quote Link to comment Share on other sites More sharing options...
scottbeard Posted March 18 Share Posted March 18 16 minutes ago, PropertyMania said: Lol, because a bitcoin ponzi cult member's mind isn't made up.. Eh? Of course my mind is made up The difference is that the bitcoin I bought for $3000 is now worth $67000 Im not quite sure why you believe your position is better but you’re entitled to it and welcome to it Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.