BITCOIN

MeteredOut

HHarry said:

User232002 said:

I never said crypto. Bitcoin has had no bail outs, has true scarcity and works 24/7. 

I find it humourous though that you think I'm 'triggered.' The fiat ponzi is creaking and I've got more than enough time to wait it out. 



I'm paraphrasing slightly, but I think goes something like "When our country is paying more in interest on the debt than we are collecting in tax receipts, then our country has truly become a ponzi scheme." 

If you're 70+, I completely understand not holding Bitcoin. If you're under 60, I think you're running it close.

 Works 24/7 doing what?  You’re not filling your car up with petrol with it.

You can't deny some people are making money 24/7, but at the expense of others. Greater fool theory at play.

Frequentlyhere

Well, and of course providing an alternative to the inevitable collapse of the fiat ponzi scheme.

Because if that happens the first course of action, naturally, will be for everyone to buy some Bitcoin.

Who would need guns, food, clean drinking water or toilet rolls when you could buy a function-free teenaged digital collectible, highly tuned to support the transactional needs of a small hamlet and heroically balanced on a delicate electronic infrastructure which would likely not be in any normal existence at that point? 

User232002

Adyinvestment said:

I don't know why but the anti Bitcoin side are coming across more fanatical than the pro Bitcoin side. Considering I assume they have no skin in the game, they certainly devote a lot of time and effort into putting it down.

When data keeps telling you that you're wrong, the chanting needs to get louder to drown it out. In times of crisis, people pray more; not less.

HHarry said:

 Works 24/7 doing what?  You’re not filling your car up with petrol with it.

The sheer ignorance.

Frequentlyhere said:

Well, and of course providing an alternative to the inevitable collapse of the fiat ponzi scheme.

Because if that happens the first course of action, naturally, will be for everyone to buy some Bitcoin.

Who would need guns, food, clean drinking water or toilet rolls when you could buy a function-free teenaged digital collectible, highly tuned to support the transactional needs of a small hamlet and heroically balanced on a delicate electronic infrastructure which would likely not be in any normal existence at that point? 

That's a mighty fine strawman you have there.

IvanOpinion

Scottex99 said:

Adyinvestment said:

IvanOpinion said:

You just blew my theory that the position of this thread reflects how well Butcoin is doing.
When this thread rises it usually means bitcoin is up and being pumped by the believers?
When this thread lanquishes in the dark depths of the board it means it is down and the believers don't want it mentioned?

I have noticed that also.

I don't know why but the anti Bitcoin side are coming across more fanatical than the pro Bitcoin side. Considering I assume they have no skin in the game, they certainly devote a lot of time and effort into putting it down.

Even better is buttcoin which likely has come from Reddit where people spend all day trying to find reasons why BTC should go down and absolutely rejoicing when it does - seems a waste of time in my eyes, unless you had a short open.

Alternatively it could be down to arthritis in my hands that sometimes means I make a typo.
Not a fan of negative people who always think the worst before checking.

Scottex99

Arthritis = Old = Boomer = Buttcoin








joking 😂

IvanOpinion

Old? I have had arthritis since my twenties.
Arrogance leads to ignorance and then leads to needing to claim 'joking'.
As I said I am not a fan of negative people - untrustworthy.

Scottex99

Haha and yet you still took it seriously. Whatever, lighten up.

Next time I’ll be sure to cross check the dictionary for every single possible typo that could be construed the wrong way.

I’d certainly want to do anything possible to avoid being tagged as negative and untrustworthy, especially by strangers on the internet.

Anyways, Bitcoin to the moon

MeteredOut

I quite like the term Buttcoin

Scottex99

Check out r/buttcoin on Reddit, you’ll love it 

HHarry

User232002 said:

HHarry said:

 Works 24/7 doing what?  You’re not filling your car up with petrol with it.

The sheer ignorance.

 I’d be grateful for some enlightenment then.

  It can’t be used as an alternative for cash in anything other than a handful of places
  It’s a poor store of wealth when it’s value rise and falls so dramatically
  I don’t think (and here I am ignorant) that you can secure a reliable / re-occurring income from it

 So what is it doing 24/7?  If the answer is ‘provide an alternative to FIAT’ then I’d suggest that if any major currency went that far south, we’d have far more important societal problems to worry about than getting hold of some BTC.