Bitcoin about to Pop

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JimC
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Re: Bitcoin about to Pop

Post by JimC » Thu Jan 18, 2018 4:04 am

pErvinalia wrote:I'll grab Jim, you get the ammo, Lak!
You'd be better of with Tero. I might know some theory, but several times I've nearly burned Chemistry labs to a crisp... :tea:
Nurse, where the fuck's my cardigan?
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pErvinalia
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Re: Bitcoin about to Pop

Post by pErvinalia » Thu Jan 18, 2018 4:22 am

Oh yeah, forgot you were a mathematician not a chemist.
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Re: Bitcoin about to Pop

Post by laklak » Thu Jan 18, 2018 4:43 am

Yeah but in that cardigan he looks like a chemist. We'll sell him to Mexicans, they won't understand anything he says till we're well out of there.
Yeah well that's just, like, your opinion, man.

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Re: Bitcoin about to Pop

Post by pErvinalia » Thu Jan 18, 2018 4:44 am

Can mathematicians cook Meth?
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Re: Bitcoin about to Pop

Post by laklak » Thu Jan 18, 2018 4:46 am

Well, accountants cook the books, can't be that different.
Yeah well that's just, like, your opinion, man.

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Re: Bitcoin about to Pop

Post by JimC » Thu Jan 18, 2018 5:14 am

laklak wrote:Yeah but in that cardigan he looks like a chemist. We'll sell him to Mexicans, they won't understand anything he says till we're well out of there.
:cry:
Nurse, where the fuck's my cardigan?
And my gin!

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Re: Bitcoin about to Pop

Post by rainbow » Thu Jan 18, 2018 8:35 am

JimC wrote:
pErvinalia wrote:I'll grab Jim, you get the ammo, Lak!
You'd be better of with Tero. I might know some theory, but several times I've nearly burned Chemistry labs to a crisp... :tea:
Meh!

I have people to burn down my lab.
I call bullshit - Alfred E Einstein
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Re: Bitcoin about to Pop

Post by rainbow » Thu Jan 18, 2018 10:41 am

Owner of precisely zero bitcoins Simon Williams told us, “At least if you buy something from a shop during the sales you own something physical that you can take home, and not just a rapidly devaluing digital representation of your foolishness and desperation.”

http://newsthump.com/2018/01/17/bitcoin ... uary-sale/
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Re: Bitcoin about to Pop

Post by pErvinalia » Thu Jan 18, 2018 11:59 am

Zitcoin about pop.
Buttcoin about to poop.
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"The Western world is fucking awesome because of mostly white men" - DaveDodo007.
"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
"Seth you are a boon to this community" - Cunt.
"I am seriously thinking of going on a spree killing" - Svartalf.

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Re: Bitcoin about to Pop

Post by rainbow » Mon Jan 22, 2018 9:37 am

I call bullshit - Alfred E Einstein
BArF−4

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Re: Bitcoin about to Pop

Post by pErvinalia » Mon Jan 22, 2018 10:42 am

Any money (and a billion other investment vehicles) can lose 90% of its value. Just ask the Zimbabweans.
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"The Western world is fucking awesome because of mostly white men" - DaveDodo007.
"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
"Seth you are a boon to this community" - Cunt.
"I am seriously thinking of going on a spree killing" - Svartalf.

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Re: Bitcoin about to Pop

Post by rainbow » Mon Jan 22, 2018 1:06 pm

pErvinalia wrote:Any money (and a billion other investment vehicles) can lose 90% of its value. Just ask the Zimbabweans.
Zimbabwean banknotes could be used for wiping one's arse.

You can't do that with Bitcoin.
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Re: Bitcoin about to Pop

Post by PsychoSerenity » Tue Jan 23, 2018 10:42 pm

pErvinalia wrote:Any money (and a billion other investment vehicles) can lose 90% of its value. Just ask the Zimbabweans.
Only if the government issuing it engages in some real economic stupidity. With bitcoin the stupidity is hard-coded into it.
[Disclaimer - if this is comes across like I think I know what I'm talking about, I want to make it clear that I don't. I'm just trying to get my thoughts down]

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Re: Bitcoin about to Pop

Post by pErvinalia » Tue Jan 23, 2018 11:04 pm

Rubbish. There's nothing wrong with the bitcoin protocol (in terms of value and trust). In fact it's far more likely to retain value as its supply is finite. Fiat supply is infinite. You also can't counterfit bitcoin, unlike fiat. And as I said above, the millions of different investment instruments out there can lose 90% of their value. Bitcoin's greatest use at the moment is as a speculative investment tool, so in that sense it's more like certain financial instruments than money.

Interestingly, the biggest downsides of bitcoin - its really high fees and really slow transaction speed, are considered positives by the bitcoin fanboys, as the intention of the bitcoin inner sanctum is to see bitcoin become like a digital gold. That is, a store of value. The harder and more expensive it is to do a transaction, the more likely people will hold for an extended period of time.
Sent from my penis using wankertalk.
"The Western world is fucking awesome because of mostly white men" - DaveDodo007.
"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
"Seth you are a boon to this community" - Cunt.
"I am seriously thinking of going on a spree killing" - Svartalf.

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Re: Bitcoin about to Pop

Post by cronus » Wed Jan 24, 2018 4:08 am

Bitcoin trajectory on the markets. It is predictable, surprisingly.
What will the world be like after its ruler is removed?

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