log☇︎
728700+ entries in 0.348s
minersdidit: people on here are expecting hyperinflation of the USD
benkay: simple things.
akstunt600: shouldnt have traded on amagic the gathering site bro
akstunt600: awwww gox took all your coins
minersdidit: benkay how did you turn into a shill
gribble: Bitstamp BTCUSD ticker | Best bid: 401.39, Best ask: 403.9, Bid-ask spread: 2.51000, Last trade: 403.9, 24 hour volume: 62871.29215596, 24 hour low: 339.79, 24 hour high: 420.28, 24 hour vwap: 387.817589484
akstunt600: only to go way way up
minersdidit: miners carrying their victims for a couple rounds before they unleash more selling
benkay: <minersdidit> crypto locker was the biggest influence on bitcoin's price move << i've said this too, but i'm an idiot
minersdidit: lol add up the total losses dude
minersdidit: and theres no sign of the scams going away
minersdidit: listen bitcoin isnt changing shit other then making a couple guys very rich. the same problems that existed before will exist in bitcoin but even worse.
minersdidit: to hawk to the local coffee shop
minersdidit: bitcoin is just a tool
akstunt600: no thats what the internet is for
minersdidit: like you dont download skills from the blockchain lol
akstunt600: minersdidit, unless the price drops further
minersdidit: it doesnt generate capital thats needed
akstunt600: they are still too dumb to really jump on yet
minersdidit: bitcoin isnt going to help them
akstunt600: and the Gen y is fucked
akstunt600: minersdidit, nah many LOVE the core principal it represents
akstunt600: and upt to*
akstunt600: mainly college kids up to 35
minersdidit: becuase they just want the price to go up 10x without them doing any work
minersdidit: it arrived on the scene in fall 2013
minersdidit: crypto locker was the biggest influence on bitcoin's price move
minersdidit: dude who do you expect to adopt bitcoin though?
akstunt600: this is what we needed i think
minersdidit: they said the same thing in spring 2013
akstunt600: it helps to allow the poor college kids to buy in
akstunt600: it msakes sense to me btc would be inthe dirt before major adoption
akstunt600: minersdidit, early in the year brah
minersdidit: misterE lol why so its the same lvel as this year if not lower?
akstunt600: EFF has whole thing
MisterE: FUD of the highest order
MisterE: security threats and terrorist activities worldwide."
MisterE: My email: "The Department of State has issued this Worldwide Caution to update information on the continuing threat of terrorist actions and violence against U.S. citizens and interests throughout the world. U.S. citizens are reminded to maintain a high level of vigilance and to take appropriate steps to increase their security awareness. This replaces the Worldwide Caution dated September 25, 2013, to provide updated information on
minersdidit: bitcoin shills also told everyone mass adoption would occur
benkay: <akstunt600> get rich on what a failing currency << bitcoin isn't going to make anyone playing with it rich. only application and hard work will accomplish that.
minersdidit: remember the shills told everyone volatility would decrease
minersdidit: akstunt i dont need to tell you things you can see with your own eyes ie btc down 50% YTD. its a high beta asset
minersdidit: whats that lol
punkman1: "This patch is setting OPENSSL_NO_HEARTBEAT, but openssl actually only disables heartbeats when you set OPENSSL_NO_HEARTBEATS (note trailing S)."
akstunt600: your some buthurt miner that read it
benkay: <minersdidit> it wont work in a society collapse << of course, just in small isolated islands of civilization dotted round the landscape of destruction
minersdidit: mircea is probably the wealthiest in here
akstunt600: this is classic text books shit from that NSA slide on gaining poer in IRC
akstunt600: your have to be getting paid bro
danielpbarron: I once donated $35 to the Ron Paul 2012 Presidential campaign in exchange for 5 BTC
MisterE: [11:57:47] minersdidit: well first off if you are poor as i suspect everyone in here is, yea you might as well try to buy bitcoin lottery tickets lol
minersdidit: ive never spoken to you
akstunt600: i can see the symantics
akstunt600: you speak with them same style and argue the same points
akstunt600: and continues the same arguemnts
minersdidit: ive never talked to you
akstunt600: he changes nicks all the time
akstunt600: minersdidit, is the same guy i have been talking to for 3 days
MisterE: enjoy your USD lottery tickets, more likely to hit but value is shit
akstunt600: so troll
MisterE: funny when asked for advice you have nothing to offer but "buy btc lottery tickets"
TestingUnoDosTre: could you discount that?
minersdidit: and they got bid up violantly
minersdidit: if 80% of coins are held by less then 100 individuals if they hold those off the market the remaining 20% set the price
minersdidit: you got alot from the wealth transfer scheme aspect of it.
akstunt600: ill stop there
akstunt600: minersdidit, and we got a lot from that minaly infrastructure
TestingUnoDosTre: I think you mistook me for serious when I was asking about bitcoin to 40k
minersdidit: a 10 bagger off these levels would be lucky
minersdidit: the rally to get rich quick has already occured 2009-2013
MisterE: the world is gonna have to change
MisterE: not the world as we know it
minersdidit: misterE that doesnt mean anything you cant devided market cap lol
akstunt600: do you have anything better than btc or alts?
MisterE: minersdidit: and I already replied that BTC is infinitely divisible so that wipes out your argument on no supply
akstunt600: what is your solution to the money problem minersdidit
akstunt600: i mine doge and many other do to so it can be its own thing it has exits to fiat
minersdidit: the fact that it is proves my point.
minersdidit: testing um 15months ago ltc wasnt even on the radar
TestingUnoDosTre: LTC / BTC rate dropped to the floor and followed
MGK: miner would you like me to send you some bitcoin so you can be cool too?
akstunt600: what is your solution to the money problem minersdidit
minersdidit: so think about that for a second
minersdidit: becuase its so easy to trade between BTC and ALT
minersdidit: as bitcoin demand increases no mechanisms exist to increase supply to market so altcoins start doing their thing
minersdidit: becuase this is the flaw with quantity theory of money i outlined earlier
akstunt600: whats that point?
akstunt600: and im guessing the other too at points
minersdidit: in the last 12months
minersdidit: altcoins have already drained up to 10% of bitcoins market cap
akstunt600: no i have DOge has done it a few times
akstunt600: many times
akstunt600: me too
minersdidit: now do the math 40% of 500bil devided by 21mil
TestingUnoDosTre: actually, i've seen altcoins TRAIL bitcoin rallies
minersdidit: the rest would be all these substitutes that are exchangable for it
minersdidit: bitcoin would only be maybe 25-40% of that
minersdidit: if you notice everytime bitcoin rallys, altcoins tend to rally faster, as they are essentially substitutes to access bitcoin liquidity
minersdidit: bitcoin 40k is impossible for a reason ill quickly outline to the poor in here
TestingUnoDosTre: <minersdidit> - bitcoin won't go to 40K soon?!? but I bought because all the bitcointalk threads todl me so