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minersdidit: people on here are expecting hyperinflation of
the USD
akstunt600: shouldnt have
traded on amagic
the gathering site bro
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
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: 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: like you dont download skills from
the blockchain lol
akstunt600: minersdidit, unless
the price drops further
akstunt600: they are still
too dumb
to really jump on yet
akstunt600: minersdidit, nah many LOVE
the core principal it represents
minersdidit: becuase
they just want
the price
to go up 10x without
them doing any work
minersdidit: crypto locker was
the biggest influence on bitcoin's price move
minersdidit: dude who do you expect
to adopt bitcoin
though?
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
minersdidit: misterE lol why so its
the same lvel as
this year if not lower?
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
punkman1: "This patch is setting OPENSSL_NO_HEARTBEAT, but openssl actually only disables heartbeats when you set OPENSSL_NO_HEARTBEATS (note
trailing S)."
benkay: <minersdidit> it wont work in a society collapse << of course, just in small isolated islands of civilization dotted round
the landscape of destruction
akstunt600: this is classic
text books shit from
that NSA slide on gaining poer in IRC
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
akstunt600: you speak with
them same style and argue
the same points
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
MisterE: funny when asked for advice you have nothing
to offer but "buy btc lottery
tickets"
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: 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: testing um 15months ago ltc wasnt even on
the radar
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: 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: and im guessing
the other
too at points
minersdidit: altcoins have already drained up
to 10% of bitcoins market cap
akstunt600: no i have DOge has done it a few
times
minersdidit: now do
the math 40% of 500bil devided by 21mil
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