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-   -   RIP Bitcoin (https://gfy.com/showthread.php?t=1106048)

PR_Glen 04-12-2013 11:11 AM

Quote:

Originally Posted by dyna mo (Post 19575142)
this event mimics the 2011 crash, things improved after that, this will get us to the next step, i agree.

are you being serious?

dyna mo 04-12-2013 11:14 AM

Quote:

Originally Posted by PR_Glen (Post 19575148)
are you being serious?

100% serious. are you being serious?

MikeRoth 04-12-2013 11:17 AM

MTGox doing an AMA?
http://www.reddit.com/r/Bitcoin/comm...re_mt_gox_ama/

helterskelter808 04-12-2013 11:19 AM

Quote:

Originally Posted by Dirty F (Post 19574370)
Imbecile, a bitcoin is worth 80 dollars. Twice what it was a month ago. What part of that can't you understand?

All out of hate because are other people are making money.

Ignore the haters, dude; you just enjoy your $40.

Quote:

Originally Posted by JOKER (Post 19575034)
So start accepting them on some Manwin properties as additional funding source, test your theory.

Bitcoins should be a nice way for non-recurring payments such as buying credits, a concept that we both already know works well.

This way bitcoins get more exposure, you open up options to accept them, get the free press (reddit amongst other sites is huge on bitcoin news) and people have more options to actually spend their coins.

Anyone can create their own 'Bitcoin' (Litecoin, Namecoin, et al) so if they're going to accept fake money, why use or give exposure to 'other people's' fake money? Why not just create and use Mancoin/Wincoin/Porncoin/Sexcoin, (after mining 200,000 units for themselves).

Trend 04-12-2013 11:31 AM

Quote:

Originally Posted by tony286 (Post 19574366)
Maybe its not gov plot but proof that free markets really dont work, greed gets in the way. After the mortgage bubble burst Greenspan said I really thought they would self regulate. Self regulation doesnt work.

Feel that same way about the adult industry?

dyna mo 04-12-2013 11:34 AM

there's a lot of pre-conceived ideas that bubbles are bad, that's not the case. bubbles are how shit gets done, it ain't pretty but tech evolves in fits and starts.

JOKER 04-12-2013 11:41 AM

Quote:

Originally Posted by helterskelter808 (Post 19575168)
[...]
Anyone can create their own 'Bitcoin' (Litecoin, Namecoin, et al) so if they're going to accept fake money, why use or give exposure to 'other people's' fake money? Why not just create and use Mancoin/Wincoin/Porncoin/Sexcoin, (after mining 200,000 units for themselves).

Infrastructure :2 cents:

senseless discussion I won't get into.

MikeRoth 04-12-2013 11:42 AM

If amazon can make their own coin so should the adult industry. I'm all for the sexcoin! \o/

Give them to people who buy memberships as a "cash back" incentive that can only be spent on adult industry sites.

Where do I sign up? Who is spear heading this project?

DBS.US 04-12-2013 11:47 AM

Better name but it's taken http://www.redcoin.com/

pimpmaster9000 04-12-2013 11:55 AM

i told you so...

https://encrypted-tbn1.gstatic.com/i...ePKukCrccIHepN

its not like they "spent" their ddos capabilities...this was not even a hit by the government on exchangers...wait until they hit the exchangers for money laundering the price will go down so much you will actually owe mtgox money :1orglaugh

MikeRoth 04-12-2013 11:56 AM

Quote:

Originally Posted by crucifissio (Post 19575246)
i told you so...

https://encrypted-tbn1.gstatic.com/i...ePKukCrccIHepN

its not like they "spent" their ddos capabilities...this was not even a hit by the government on exchangers...wait until they hit the exchangers for money laundering the price will go down so much you will actually owe them money :1orglaugh

Gonna be REAAAAAALLLLLL hard to prove money laundering.

dyna mo 04-12-2013 11:57 AM

i thought i told you so's only make sense if what you told us is actually true.

NoOrdinary 04-12-2013 12:00 PM

Quote:

Originally Posted by sperbonzo (Post 19572779)
How do you criminalize bitcoin? The same way you get guns banned: Plan an attack, make sure lots of people get hurt, roll out all the victims in front of the cameras, then use the sob stories as moral justification to crack down with oppressive new laws.

Guns are made to kill people, not bitcoins.

JOKER 04-12-2013 12:09 PM

Quote:

Originally Posted by dyna mo (Post 19575142)
this event mimics the 2011 crash, things improved after that, this will get us to the next step, i agree.

Could this be the way to the next step?

http://www.reddit.com/r/Bitcoin/comm...mance_bitcoin/

dyna mo 04-12-2013 12:15 PM

Quote:

Originally Posted by JOKER (Post 19575272)
Could this be the way to the next step?

http://www.reddit.com/r/Bitcoin/comm...mance_bitcoin/

thanks for that, it sure seems to follow the original concept specs, as this comment points out
Quote:

The system should be distributed and can easily grow to scale, the exchange should be much like the bitcoin protocol its self, where trades are made and verified by the greater community.

JOKER 04-12-2013 12:16 PM

Join https://www.hipchat.com/gVtxlAV2t if you wanna help form it, or just show support :)

For devs: https://buttercoin.hackpad.com/Desig...-1-ca4mJq0LbYw

helterskelter808 04-12-2013 12:40 PM

Quote:

Originally Posted by JOKER (Post 19575212)
Infrastructure :2 cents:

senseless discussion I won't get into.

:1orglaugh

Supz 04-12-2013 02:54 PM

where is the funeral. I would like to send an arrangement.

RyuLion 04-12-2013 02:57 PM

Good thing I didn't waste my time with this..

dyna mo 04-12-2013 03:02 PM

it’s important to understand why the price of btc is so volatile.

btc is a startup currency, like any startup, it's highly volatile because people are still experimenting to figure out how useful it is. But over time, more about the potential or lack of btc will be revealed, the uncertainty will diminish and volatility will decline.

A lot of people view btc as a replacement for conventional currencies, that’s a mistake. Bitcoin will (potentially) succeed serving niches that conventional currencies don’t serve well.

_Richard_ 04-12-2013 03:03 PM

shits been around for years.. it didn't 'rise and fall' within a few months

pimpmaster9000 04-12-2013 04:19 PM

Quote:

Originally Posted by MikeRoth (Post 19575250)
Gonna be REAAAAAALLLLLL hard to prove money laundering.

its what they got egold and 1mdc for quicker than you can say quick...took one day...poof...gone...

DWB 04-12-2013 04:31 PM

Quote:

Originally Posted by MikeRoth (Post 19575250)
Gonna be REAAAAAALLLLLL hard to prove money laundering.

You don't have to prove anything. You just have to charge the exchangers for being in involved in whatever laws they want to throw at them and tie it up in court, draining their funds and weakening the faith in the currency. That's how it works.

One does not simply compete with the Fed and the US government and frolic peacefully through the woods. They will invent new ways to fuck with you if they want you. You're talking about people who drop bombs on schools because they think one "terrorist" may be near. They are not going to hesitate to rain on Bitcoin's parade when and if they decide they have had enough. But that day is not today.

Besides, Bitcoin is only anonymous as long as you're a small player If you're moving any real money you have to be registered and that kills your anonymity. And the exchangers are all sitting ducks because they are tied to bank accounts. You want to see panic, let a few exchangers have their bank accounts frozen by the US gov.

- Jesus Christ - 04-12-2013 04:33 PM

People using threats of government are directly using threats of violence agasint other people.

You're disgusting and will be made irrelevant in time.

DWB 04-12-2013 04:39 PM

Quote:

Originally Posted by - Jesus Christ - (Post 19575658)
People using threats of government are directly using threats of violence agasint other people.

You're disgusting and will be made irrelevant in time.

Well, that post will fix it all up then. You just saved Bitcoin and all the other crypto-currencies. Pat yourself on the back. :upsidedow

- Jesus Christ - 04-12-2013 04:41 PM

Quote:

Originally Posted by DWB (Post 19575667)
Well, that post will fix it all up then. You just saved Bitcoin and all the other crypto-currencies. Pat yourself on the back. :upsidedow

Nothing is broken. I'm not the side resorting to violent threats, you are.

DWB 04-12-2013 04:52 PM

Quote:

Originally Posted by - Jesus Christ - (Post 19575671)
Nothing is broken. I'm not the side resorting to violent threats, you are.

:1orglaugh Put down whatever booze you're drinking today man. I didn't threaten anyone.

- Jesus Christ - 04-12-2013 04:55 PM

Yes you are....

You're going "Hey I'm not point a gun at you you.... but this guy over here... hes gonna point a gun at you and stop you from trading". (nudge nudge wink wink)

You are supporting it by not standing up against it.

mineistaken 04-12-2013 05:08 PM

Quote:

Originally Posted by Nathan (Post 19574385)
The problem Bitcoin has is that there is no USE for normal people associated! With a normal currency, you can buy anything. With Bitcoins you can buy almost nothing.

Don't call bitcoins a currency. Its play money that morons attributed value to and thought it was a "currency". Its play money, it has no more value than any other bitcoin clone currency. Only difference is that this one attracted those morons (and smart speculators).

- Jesus Christ - 04-12-2013 05:09 PM

Quote:

Originally Posted by mineistaken (Post 19575712)
Don't call bitcoins a currency. Its play money that morons attributed value to and thought it was a "currency". Its play money, it has no more value than any other bitcoin clone currency. Only difference is that this one attracted those morons (and smart speculators).

https://en.wikipedia.org/wiki/Ad_hominem

Quote:

Originally Posted by helterskelter808 (Post 19575714)
Thank God the US Government has DWB's posts on GFY to tell it what to do.

Governments cannot stand without support.

helterskelter808 04-12-2013 05:09 PM

Thank God the US Government has DWB's posts on GFY to tell it what to do.

DWB 04-12-2013 05:13 PM

Quote:

Originally Posted by - Jesus Christ - (Post 19575690)
Yes you are....

You're going "Hey I'm not point a gun at you you.... but this guy over here... hes gonna point a gun at you and stop you from trading". (nudge nudge wink wink)

You are supporting it by not standing up against it.

Sorry, fresh out of Molotov cocktails. Guilty as charged. But I'll be sure to stock up upon my next visit to the USA so I can be part of the "doing something about it" group. Because deep down I'm ready to sacrifice my freedom and lay down my life for Bitcoin. Whoo-rah!

- Jesus Christ - 04-12-2013 05:14 PM

Quote:

Originally Posted by DWB (Post 19575718)
Sorry, fresh out of Molotov cocktails. Guilty as charged. But I'll be sure to stock up upon my next visit to the USA so I can be part of the "doing something about it" group. Because deep down I'm ready to sacrifice my freedom and lay down my life for Bitcoin. Whoo-rah!

http://en.wikipedia.org/wiki/Straw_man

mineistaken 04-12-2013 05:15 PM

Quote:

Originally Posted by - Jesus Christ - (Post 19575713)

100% wrong use of the link. It would be useful if I attacked OP or nathan. I "attacked" bitcoin and said its not a "currency".

bl4h 04-12-2013 05:16 PM

How dumb do you have to be to actually believe theres something.......worth something.. with bit coin? I mean I know that you can invest, and sucker fools into believing that.

but i consider myself to be of average intelligence and to read all of these posts with people who are convinced...

I hope you guys are just talking shit so you can make a return on your silly investment

- Jesus Christ - 04-12-2013 05:17 PM

Quote:

Originally Posted by mineistaken (Post 19575720)
100% wrong use of the link. It would be useful if I attacked OP or nathan. I "attacked" bitcoin and said its not a "currency".

Quote:

Originally Posted by mineistaken (Post 19575712)
play money

Ad hominem

Quote:

Originally Posted by mineistaken (Post 19575712)
morons

Ad hominem

Quote:

Originally Posted by bl4h (Post 19575721)
dumb

Ad hominem

DWB 04-12-2013 05:19 PM

Quote:

Originally Posted by - Jesus Christ - (Post 19575713)
Governments cannot stand without support.

You're right. We attack at dawn.

Besides the two of us, who else is there?


Quote:

Originally Posted by helterskelter808 (Post 19575714)
Thank God the US Government has DWB's posts on GFY to tell it what to do.

Thank God they don't need to read my posts to know what to do. They are pretty efficient without me, but thanks for the kind words.

- Jesus Christ - 04-12-2013 05:19 PM

The problem is that the average person is illogical.

There is no winning a debate agasint the illogical.

mineistaken 04-12-2013 05:23 PM

Quote:

Originally Posted by - Jesus Christ - (Post 19575724)
Ad hominem


Ad hominem


Ad hominem

ad hominem would be if I used these words against Nathan.

If I say something like: Those who think world will end in 2013 are idiots. Its not ad hominem, not even close.

Ad hominem is when somebody makes a statement and you attact that somebody instead of his/her statement.

mineistaken 04-12-2013 05:25 PM

Quote:

Originally Posted by bl4h (Post 19575721)
How dumb do you have to be to actually believe theres something.......worth something.. with bit coin? I mean I know that you can invest, and sucker fools into believing that.

but i consider myself to be of average intelligence and to read all of these posts with people who are convinced...

I hope you guys are just talking shit so you can make a return on your silly investment

BINGO :thumbsup

- Jesus Christ - 04-12-2013 05:27 PM

Quote:

Originally Posted by mineistaken (Post 19575730)
Those who think world will end in 2013 are idiots. Its not ad hominem, not even close.

Yes, actually calling someone an idiot is exactly what an Ad hominem is.

mineistaken 04-12-2013 05:34 PM

Quote:

Originally Posted by - Jesus Christ - (Post 19575737)
Yes, actually calling Salomone an idiot is exactly what an Ad hominem is.

Not exactly. If I called person whom I quoted an idiot - that would have been ad hominem in this case.

If I say - people who jerk off in public are retards, its hardly ad hominem.
If I say - people who think that 2+2 = 5 you are morons, its hardly ad hominem.

You can push it to being ad hominem, buts its really pushing to it...

Now if you say : people who think 2+2 = 5 are smart ones and I say "YOU are retarded", then its ad hominem. But if I say "No, theese people are idiots", then its not actually ad hominem. See the difference between those two?

- Jesus Christ - 04-12-2013 05:40 PM

It doesn't matter who its directed at or if they are present. You know this.
You're just doing mental acrobatics to protect your ego in public.

You may be wrong, but I don't think you are a moron.

mineistaken 04-12-2013 05:50 PM

You are wrong, because you think that ad hominem is merely calling someone an idiot. Its not. Ad hominem is WHEN YOU ATTACK SOMEBODY INSTEAD OF HIS ARGUMENT.

2 situations:

a) I say: people who think 2+2=5 are idiots

b) Somebody says: 2+2=5. I respond: you are an idiot (instead of arguing his argument I attacked him personally)

b is ad homonem, a is not.

Merely using word idiot is not ad hominem.

- Jesus Christ - 04-12-2013 05:56 PM

What you are saying is ridiculous.

It's like like saying if I talk shit when someone leaves the room I'm not talking shit becasue they didn't hear it.

adendreams 04-12-2013 06:00 PM

Originally Posted by bl4h
"How dumb do you have to be to actually believe theres something.......worth something.. with bit coin? I mean I know that you can invest, and sucker fools into believing that.

but i consider myself to be of average intelligence and to read all of these posts with people who are convinced...

I hope you guys are just talking shit so you can make a return on your silly investment"


Of course Bitcoin has value that is intrinsic due to these 2 facts:

A. It takes work to get.
B. There is a finite supply.

There is nothing in existence that fit these 2 criteria that does NOT have value.

The only variable is confidence, since Bitcoin (and virtual currencies in general) are relatively new to the scene there isn't strong confidence outside the tech world about their survivability. But if you do the research you will find that the players and forces involved pretty much guarantee that virtual currencies are here to stay. Not commenting on the current prices but Bitcoin aint goin away folks.

BlackCrayon 04-12-2013 06:03 PM

Quote:

Originally Posted by adendreams (Post 19575769)
Originally Posted by bl4h
"How dumb do you have to be to actually believe theres something.......worth something.. with bit coin? I mean I know that you can invest, and sucker fools into believing that.

but i consider myself to be of average intelligence and to read all of these posts with people who are convinced...

I hope you guys are just talking shit so you can make a return on your silly investment"


Of course Bitcoin has value that is intrinsic due to these 2 facts:

A. It takes work to get.
B. There is a finite supply.

There is nothing in existence that fit these 2 criteria that does NOT have value.

The only variable is confidence, since Bitcoin (and virtual currencies in general) are relatively new to the scene there isn't strong confidence outside the tech world about their survivability. But if you do the research you will find that the players and forces involved pretty much guarantee that virtual currencies are here to stay. Not commenting on the current prices but Bitcoin aint goin away folks.

i don't know man, it takes work for me to take a shit and there is only so much of it but other than currently sober, i can't get anyone to buy it off me.

bl4h 04-12-2013 06:16 PM

Quote:

Originally Posted by BlackCrayon (Post 19575773)
i don't know man, it takes work for me to take a shit and there is only so much of it but other than currently sober, i can't get anyone to buy it off me.

its gotta be worth something. Youre risking a hernia to produce that. shit doesnt grow on trees bro

money biz 04-12-2013 06:34 PM

i sold my shit if it gets anyworse there goin to be more ddos attacks

Houdini 04-12-2013 07:26 PM

I posted this last week right before the crash and it'll be interesting to see how this parabolic chart plays out. I've circled where I believe BTC is now. If it does get below the mean, it should drop below $40.

http://i.imgur.com/Du2L9gu.png

http://i.imgur.com/ylG0Cia.png


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