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Old 04-02-2014, 07:31 PM   #1
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:2cents Bitcoin WORST INVESTMENT (I TOLD U GUYS!!)

I Told you guys that Bitcoin's value was gonna fall like a sack of rocks read this --->
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Old 04-02-2014, 07:32 PM   #2
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Old 04-02-2014, 07:40 PM   #3
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Astute journalism there. I always get my financial advice from Mediatakeout.com
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Old 04-02-2014, 07:47 PM   #4
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Old 04-02-2014, 08:08 PM   #5
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Bitcoin can suck my bitballs.
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Old 04-02-2014, 10:08 PM   #6
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it have its ups and downs but if it goes as last week someone will make a good money. It was i think friday when it was about 500$ than it started droppind fast to 400$ than back up to 500 about yesterday again and again huge drop in last 24h if it goes up again, theres a chance for making good of it.
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Old 04-02-2014, 10:39 PM   #7
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I was worried when Warren Buffet said he didn't like Bitcoin, but now that The Booty Pimp isn't onboard, that closes it for me.
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Old 04-02-2014, 10:41 PM   #8
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Old 04-02-2014, 10:43 PM   #9
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Franck ?????
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Old 04-02-2014, 10:58 PM   #10
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Let me explain something to you dumb fucks who mention my name in all these retarded Bitcoin threads.
The last Bitcoin i bought was way below the current price! On top of that i already long ago had my investment paid out plus a nice little bonus. The amount of coins i have left are pure profit. Every coin i own is worth 430 dollars at the moment.
Just keep laughing you dumb fucking moron.
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Old 04-02-2014, 11:07 PM   #11
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Old 04-03-2014, 12:06 AM   #12
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I was worried when Warren Buffet said he didn't like Bitcoin, but now that The Booty Pimp isn't onboard, that closes it for me.
I may follow your sage advice
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Old 04-03-2014, 12:23 AM   #13
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Let me explain something to you dumb fucks who mention my name in all these retarded Bitcoin threads.
The last Bitcoin i bought was way below the current price! On top of that i already long ago had my investment paid out plus a nice little bonus. The amount of coins i have left are pure profit. Every coin i own is worth 430 dollars at the moment.
Just keep laughing you dumb fucking moron.
In 1980 I purchased shares in Apple and I think I paid around $15 a share.
So I hope bitcoin works out for you.
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Old 04-03-2014, 12:31 AM   #14
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Old 04-03-2014, 12:37 AM   #15
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What did you expect
exactly...
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Old 04-03-2014, 12:46 AM   #16
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In 1980 I purchased shares in Apple and I think I paid around $15 a share.
So I hope bitcoin works out for you.
Thanks. I have no idea what it will do. It will go to zero or to the moon, who knows. All i know is that it's sad to see all these losers hating a technology they don't understand. Simply because they didn't bought in at 10 dollars or whatever. Laughing every dat at people who make money off it.
If people were smart they'd jump it and get the whole adult industry to use Bitcoin. It would have so many benefits for customers and webmasters. But obviously here are not smart. They start the same old posts every day how Bitcoin is dead and i told you so. In the meantime they're crying how the industry is dead and how nobody signs up anymore.
Threads like this are perfect to see who gets it and who doesn't.
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Old 04-03-2014, 12:50 AM   #17
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What did you expect
I expected the adult industry to be smarter. Yes, silly, i know.

A bitcoin is worth 300 dollars more than a year ago. Such a horrible horrible investment. When i sold my first coins i had 800 profit per coin. It was horrible. I'm sure people like you, topic starter and that ancient idiot JFK do way better with your investments. I'm sure.
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Old 04-03-2014, 12:51 AM   #18
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Investment? Bad idea. Speculation? Golden.
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Old 04-03-2014, 12:57 AM   #19
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i am buying, i am buying, i am buying!!! then ...
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Old 04-03-2014, 01:02 AM   #20
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its clear rule.When most of the ppl talk and buy ..normally it goes down Pimp
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Old 04-03-2014, 01:07 AM   #21
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Thanks. I have no idea what it will do. It will go to zero or to the moon, who knows. All i know is that it's sad to see all these losers hating a technology they don't understand. Simply because they didn't bought in at 10 dollars or whatever. Laughing every dat at people who make money off it.
If people were smart they'd jump it and get the whole adult industry to use Bitcoin. It would have so many benefits for customers and webmasters. But obviously here are not smart. They start the same old posts every day how Bitcoin is dead and i told you so. In the meantime they're crying how the industry is dead and how nobody signs up anymore.
Threads like this are perfect to see who gets it and who doesn't.

Me personally I have no intention of buying bitcoins
I see it as volatile and erratic. Not to forget that we have no idea of how governments are going to react to it. Also there really is no such thing as "long term" when it comes to any kind of technology. But if you can buy in when the coins are low and get out before the shit hits the fan then I wish everyone doing that best of luck.

As for the porn industry,
I have no complaints. It took a little re-thinking and re-working. Our profits margins are increasing and there is a fair amount of room for us to conservtively expand our operations.
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Old 04-03-2014, 01:58 AM   #22
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Me personally I have no intention of buying bitcoins
I see it as volatile and erratic. Not to forget that we have no idea of how governments are going to react to it. Also there really is no such thing as "long term" when it comes to any kind of technology. But if you can buy in when the coins are low and get out before the shit hits the fan then I wish everyone doing that best of luck.

As for the porn industry,
I have no complaints. It took a little re-thinking and re-working. Our profits margins are increasing and there is a fair amount of room for us to conservtively expand our operations.

Yes it's volatile. It's new, small and abused by day traders. But for someone accepting Bitcoin this is no problem as the processor will right away transfer it to USD.

What you are left with is an instant payment system with near 0 fees, no chargebacks and anonymous payments. But fuck that right, who would want that if you can accept credit cards for 15% and all the problems that come with it.

Also the Bitcoin trolls have been screaming for a year already how the US will ban it. Guess what, it ain't gonna happen. But they will just ignore that and find something else to use in these threads.

Bitcoin might fail but the technology behind it won't go away. It's here to stay and it will get huge.
There are people who understand that and people who don't. And from those who don't you have people who are willing to learn and people like the topic starter who are just ignorant and sad.

One of the most brilliant pieces of technology of the last 10 years with abilities to change so fucking much, online and offline and all these idiots do is start threads screaming in caps how it goes down and how they told us so. As if they understand even 1% of what's going on.

Regardless of the money it can make me i hope Bitcoin will get huge. If not Bitcoin then Bitcoin 2.0 whatever that will be. And i'm pretty damn sure it will. And people like the thread starter will get it 1 day. And actually use it. And they will realize how goddamn fucking stupid they looked every time they started posts like this one.

Even people like JFK. Fucking clueless dinosaur idiot. Was shooting 640x480 pics till just a few years ago. Thinks he now understands Bitcoin and knows why it and its core will fail. Hilarious.

Last edited by Dirty F; 04-03-2014 at 02:06 AM..
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Old 04-03-2014, 02:47 AM   #23
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What you are left with is an instant payment system with near 0 fees, no chargebacks and anonymous payments. But fuck that right, who would want that if you can accept credit cards for 15% and all the problems that come with it.
There are really only 3 things that keep me on the Internet
1) Keeping my eye on piracy.
2) Knowing who I should or should not trust in the porn industry
3) Boredom

We started abandoning digital based productions a while ago. To that effect this year we will be even dumping our DVDs. So as part of the monetization process of our products we only deal in cash from the customers and either checks or bank transfers from industry clients. So now charge backs, fees, etc. are just a worry of the past for us.

I see bitcoin and crypto curriences much in the same way I see all tech. Once you start going down the road to dependance on the tech you enter into an arms race. It can be disgustingly unpredictable and you can never be too sure about the people you deal with. In the old days the porn rumour mill was bad (and I still say that the porn biz gossip played a big part in the suicide of cal jammer.) But today's webmasters are a 100xs worst, willing to cut each other's balls out for pennies. (or often just for fun)

From what I can see bitcoin is based on a similar game of web-ego popularity. Personally I prefer to invest my money in things such as my neighbor's plan to open a classic motorcycle restoration garage. For me investing in people yeilds far better long term profits.
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Old 04-03-2014, 03:02 AM   #24
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Just bought more Bitcoin. Nice price. Not too late to get onboard.
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Old 04-03-2014, 03:43 AM   #25
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All i know is that it's sad to see all these losers hating a technology they don't understand. Simply because they didn't bought in at 10 dollars or whatever. Laughing every day at people who make money off it.
If people were smart they'd jump it and get the whole adult industry to use Bitcoin. It would have so many benefits for customers and webmasters. But obviously here are not smart. They start the same old posts every day how Bitcoin is dead and i told you so. In the meantime they're crying how the industry is dead and how nobody signs up anymore.
Threads like this are perfect to see who gets it and who doesn't.
QFT ^

Only the losers you speak of are left here, this place has become a waste-land years ago..
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Old 04-03-2014, 03:50 AM   #26
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Damn, i type so bad when on my phone.
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Old 04-03-2014, 03:52 AM   #27
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Just a few years ago everybody was screaming right and left against tubes, and where are we now ? pathetic.
Seems that bitcoin is the new subject of the day, I guess we'll see you in a few years...
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Old 04-03-2014, 04:26 AM   #28
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Old 04-03-2014, 04:41 AM   #29
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you told us? What did you base this on? Just feeling extra smart one day or because you do not understand it so it must be a bad thing which is why most think it will be worth nothing LOL. It is normal for people to reject something they can not grasp or understand.
I have made enough to get back on track and even ten times better then my goals were five years ago when I was killing it in adult.
I cannot talk too long though because I play golf 4-5 times a week and I would not want the 2 hours a day that I work get in the way of anything lol.
Thanks to the worthless bitcoin I will never work again.
So if the 300+ coins that I have left sell for 1K or crash to 2 cents it will not effect my life one bit.
Well that is not all true. If they sell for 1k I will be back to post in your hate threads even more haha
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Old 04-03-2014, 05:26 AM   #30
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Old 04-03-2014, 06:12 AM   #31
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I'm not a delusional Bitboy, and I do think it will eventually fail, but I'm smart enough to make money on it in the mean time. What I don't understand is why so many bash it AND don't take advantage of it. There is money to be made, even if it's not forever.
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Old 04-03-2014, 07:57 AM   #32
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April 2012 Market Capitalization - $40,000,000
April 2013 Market Capitalization - $2,600,000,000
April 2014 Market Capitalization - $5,547,000,000
April 2012 Market Capitalization - $40,000,000
December 2012 Market Capitalization- $133,000,000
April 2013 Market Capitalization - $2,600,000,000
December 2013 Market Capitalization- $13,900,051,500
April 2014 Market Capitalization - $5,547,000,000
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Old 04-03-2014, 08:43 AM   #33
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April 2012 Market Capitalization - $40,000,000
December 2012 Market Capitalization- $133,000,000
April 2013 Market Capitalization - $2,600,000,000
December 2013 Market Capitalization- $13,900,051,500
April 2014 Market Capitalization - $5,547,000,000
Thanks for adding absolutely nothing to this thread!

Bitcoin has increased significantly in value year on year for the past few years. Those are the facts

Crypto currency has gone from being worth millions to billions within 2 years, you spastics continue to bash and mock it. Most of you retards wouldn't be able to capitalise on an opportunity if it smacked you in the face!
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Old 04-03-2014, 08:49 AM   #34
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Sorry, I didn't get you ?
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Old 04-03-2014, 08:55 AM   #35
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April 2012 Market Capitalization - $40,000,000
December 2012 Market Capitalization- $133,000,000
April 2013 Market Capitalization - $2,600,000,000
December 2013 Market Capitalization- $13,900,051,500
April 2014 Market Capitalization - $5,547,000,000
Only worth 5 billion more since 2 years ago. WORST INVESTMENT! Einstein the topic starter told you so!
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Old 04-03-2014, 09:00 AM   #36
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Thanks. I have no idea what it will do. It will go to zero or to the moon, who knows. All i know is that it's sad to see all these losers hating a technology they don't understand. Simply because they didn't bought in at 10 dollars or whatever. Laughing every dat at people who make money off it.
If people were smart they'd jump it and get the whole adult industry to use Bitcoin. It would have so many benefits for customers and webmasters. But obviously here are not smart. They start the same old posts every day how Bitcoin is dead and i told you so. In the meantime they're crying how the industry is dead and how nobody signs up anymore.
Threads like this are perfect to see who gets it and who doesn't.

Hi Dirty F,

I disagree. Bitcoin might be ok for small webmasters who have little to lose, but it is a huge risk for larger site owners. The value of bit coin changes so fast that a site owner could suddenly find themselves unable to meet payroll or pay its bills. Models, webmasters, hosting companies can't pay their bills with bitcoins.
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Old 04-03-2014, 09:04 AM   #37
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Hi Dirty F,

I disagree. Bitcoin might be ok for small webmasters who have little to lose, but it is a huge risk for larger site owners. The value of bit coin changes so fast that a site owner could suddenly find themselves unable to meet payroll or pay its bills. Models, webmasters, hosting companies can't pay their bills with bitcoins.
Customer pays with Bitcoin, processor instantly moves it to USD, processor pays out program owner in USD, program owner pays his bills in USD.
Not really rocket science.

Edit: Not any time soon will a site owner get most of his sign ups in Bitcoin. And by the time that happens it will be wide spread and way more stable. Adoptation will solve these problems by itself.

A smart program owner right now adds Bitcoin as a payment option and offers a small discount for people signing up with Bitcoin. As you hardly have any processing fees you'll still make more per sale than if that person was paying with cc.
This will motivate more and more people to start using Bitcoin and with every Bitcoin sale you make you put a few dollars extra in your pocket.

Last edited by Dirty F; 04-03-2014 at 09:07 AM..
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Old 04-03-2014, 09:11 AM   #38
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How can anybody hate a technology that lets you send money instantly to any person in any country with basically no fees?

I personally am tired of having to send a wire to someone, wait 3 days for it to clear and pay 35 bucks because there are all these people who control my money and want their cut whenever i pay a person.
Bitcoin isn't owned by a goddamn company! You are in control of your money and no one else. And i can send it to anyone i like without all these people telling me how and when and what.

But keep on hating. Just keep making ridiculous threads.

Last edited by Dirty F; 04-03-2014 at 09:12 AM..
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Old 04-03-2014, 11:08 AM   #39
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anonymous payments
Bingo - this is why it's NOT a good idea. There's no accountability, no way of making sure users are of age and no way of tracking users. Also, no way to prevent fraud, who's to say they aren't stolen coins/wallets being used?

No thanks. Bitcoin is neat but not good for paysites.
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Old 04-03-2014, 11:12 AM   #40
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Bingo - this is why it's NOT a good idea. There's no accountability, no way of making sure users are of age and no way of tracking users. Also, no way to prevent fraud, who's to say they aren't stolen coins/wallets being used?

No thanks. Bitcoin is neat but not good for paysites.
Yup. HUGE problem. Better keep using credit cards.
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Old 04-03-2014, 01:26 PM   #41
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How can anybody hate a technology that lets you send money instantly to any person in any country with basically no fees?

I personally am tired of having to send a wire to someone, wait 3 days for it to clear and pay 35 bucks because there are all these people who control my money and want their cut whenever i pay a person.
Bitcoin isn't owned by a goddamn company! You are in control of your money and no one else. And i can send it to anyone i like without all these people telling me how and when and what.

But keep on hating. Just keep making ridiculous threads.
Well my main concern with bitcoin it's investment part/fluctuating value , i would more preffer if it would have fixed value which would never change,that would make it far easier to deal with it.
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Old 04-03-2014, 03:27 PM   #42
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Customer pays with Bitcoin, processor instantly moves it to USD, processor pays out program owner in USD, program owner pays his bills in USD.
Not really rocket science.
The problem is the volatility and allow me to explain

I have far less years ahead of me than I do behind me. So I have some wordly experience so to speak. Therefore the one thing that I know is that when it comes to things like finance, banks and governments we are treated like mushrooms. (IE: We are kept in the dark and fed bullshit. )

Now the underlying concept of bitcoin is a currency created by entities that exist outside any government or recognized corporate entity. To this effect something such a 1 single wikileak that divulges a dirty secret about some government using bitcoin can cause the entire thing to collapse with little or no warning. ( Personally I have no doubt that the CIA uses bitcoin in the same way they use drugs to fund their operations. They are human garbage so why would they not exploit bitcoin?) So I ask you, who wants to wake up one morning and find out they lost their savings?

Now if you asking if I would invest in bitcoin?

I suppose it would be a question of "how much" of a risk am I willing to take. I could see my way clear to 5k to 10k but there is no way in hell would I risk a sum of 100k or more. But with that said, 5k to 10k is not enough money that I could justify occupying my day following it. At my age a fishing trip with my grand daughter interests me more and if I really needed to earn an extra 5k, I could just roll up my sleeves and get on the phone and do some work for a change.
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Old 04-03-2014, 03:34 PM   #43
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I was worried when Warren Buffet said he didn't like Bitcoin, but now that The Booty Pimp isn't onboard, that closes it for me.


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Investment? Bad idea. Speculation? Golden.
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Old 04-03-2014, 03:40 PM   #44
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Well my main concern with bitcoin it's investment part/fluctuating value , i would more preffer if it would have fixed value which would never change,that would make it far easier to deal with it.
How can anything - gold or currency included hold the same value every day? It is impossible.
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Old 04-03-2014, 03:50 PM   #45
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Looks like you get a traffic spike everytime you create a thread..lol
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Old 04-03-2014, 04:06 PM   #46
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Let me explain something to you dumb fucks who mention my name in all these retarded Bitcoin threads.
The last Bitcoin i bought was way below the current price! On top of that i already long ago had my investment paid out plus a nice little bonus. The amount of coins i have left are pure profit. Every coin i own is worth 430 dollars at the moment.
Just keep laughing you dumb fucking moron.
Warms my heart to see you care, I remember you as the one who hated the whole idea....could be mistaken thou
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Old 04-03-2014, 04:10 PM   #47
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How can anything - gold or currency included hold the same value every day? It is impossible.
Gold never changes.

One ounce of gold can be traded for same quantity and quality of consumer goods today that it was traded for 500 years ago.

What changes is the purchasing power of the dollar/currency.

This the reason why in economically unstable times people buy metals and governments try everything possible to prevent it.
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Old 04-03-2014, 04:32 PM   #48
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Gold never changes.

One ounce of gold can be traded for same quantity and quality of consumer goods today that it was traded for 500 years ago.

What changes is the purchasing power of the dollar/currency.

This the reason why in economically unstable times people buy metals and governments try everything possible to prevent it.
Thats cool interpretation.
However I am 99,9999999% sure once once of gold bought you different amount of goods 500 years ago and today. Be it potatoes or lumber or whatever.
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Old 04-03-2014, 04:35 PM   #49
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Customer pays with Bitcoin, processor instantly moves it to USD, processor pays out program owner in USD, program owner pays his bills in USD.
Not really rocket science.

Edit: Not any time soon will a site owner get most of his sign ups in Bitcoin. And by the time that happens it will be wide spread and way more stable. Adoptation will solve these problems by itself.

A smart program owner right now adds Bitcoin as a payment option and offers a small discount for people signing up with Bitcoin. As you hardly have any processing fees you'll still make more per sale than if that person was paying with cc.
This will motivate more and more people to start using Bitcoin and with every Bitcoin sale you make you put a few dollars extra in your pocket.
I have never been a big fan of Franck/Frank and like I said the haters look like total dumbasses to me since many like me have already made a killing with them BUT this post by Franck says it all. If you want to keep using BC this is the way to do it and he is spot fucking on. Carry on crying because the haters didn't buy them when they were 25-100 bucks. Saying I told you so when the price is still over 400 makes no fucking sense anyway LOL. If the price goes down to 24 dollars then you can make your thread but by then I won't be here to read it
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Old 04-03-2014, 04:37 PM   #50
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Gold never changes.

One ounce of gold can be traded for same quantity and quality of consumer goods today that it was traded for 500 years ago.

.
say what? I took a bunch of broken shit and scrap gold in a little over a year ago and sold it for almost 7000 USD. Five years ago I would have gotten maybe half that. Not sure but how can you say it is traded for the same?
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