patrick.net

Onvacation, what are you talking about. How do you come up with that. Provide a source! You said you researched it.

Thats fair Wookie. I dont make ANY claims other than showing what I bought. I simply want to see what happens in a year from now by holding. Maybe (hopefully) I will be in a position to brag about gains or maybe I will lose money. Thats not pumping.
Yes, its a lot riskier! The gains and loses can be extremely higher than traditional investments.

Onvacation is not just blunt though. He makes claims and doesnt provide a source (2040??) and he does his own comparison between BTC, gold and money and didnt even include key differences like scarcity/decentralization. He's obviously just here to bash and misinform.

G36 says

Onvacation, what are you talking about. How do you come up with that. Provide a source! You said you researched it.

What are you talking about?

Onvacation says

G36 says

Onvacation, what are you talking about. How do you come up with that. Provide a source! You said you researched it.

What are you talking about?

2040

And you still haven't said what you think bitcoin "programmability " means.

G36 says

Onvacation is not just blunt though. He makes claims and doesnt provide a source (2040??) and he does his own comparison between BTC, gold and money and didnt even include key differences like scarcity/decentralization. He's obviously just here to bash and misinform.

What misinformation?

Why dont you answer the question :) you make up stuff and dont provide a source. How did you come up with 2040? Provide a source. You said you researched it :)

Onvacation, it takes you awfully long to find a source for your claim that all bitcoin will be mined by 2040? Why? How did you come up with this? provide a source. You said you researched Bitcoin. Show it!

Ok. You know bitcoin is artificially scarce. When do you think the last bit "coin" will be "mined"?

Don't speculate from ignorance.

ahahaha he cant answer the question :) he keeps trying to distract.

it takes you awfully long to find a source for your claim that all bitcoin will be mined by 2040? Why? How did you come up with this? provide a source. You said you researched Bitcoin. Show it!

does googling take you so long? You are an alleged software engineer and claimed that bitcoin will be fully mined by 2040? Why cant you find a source for it? Did you not research it?

Onvacation says

G36 says

Conveniently you left out scarcity

What happens in 2040 when the last coin is mined?


Where does it say that on the internet? why wont you provide a source?

Typo. I meant 2140.

They are going to try to keep the scam going for another century of artificial scarcity.

Onvacation says

Typo. I meant 2140.

They are going to try to keep the scam going for another century of artificial scarcity.

bawahahahahahahahahahahhhhhhhhhhhahahahahaahah

Emotions have no place in investing.

Gambling can be exciting!

Your turn:Onvacation says

And you still haven't said what you think bitcoin "programmability " means.

That is so hilarious....all this time he thought Bitcoin will be fully mined in 20 years.....when pressed on showing a link, he tried everything to distract from it.....and now its a typo and he meant 120 years from now. Thank you for the laugh dude!

About the "programmability " thing. How do you program a bitcoin?

It's OK to say you don't know.

Nice research dude! you were only off by 100 years!

I doubt if it makes it to 2030

About this "programmability " can you explain what you mean?

I gotta leave this as is for a while. This was too good. Thank you again for the laughter. Talk to you later!

When you have an answer get back to us.

G36 says

That is so hilarious....all this time he thought Bitcoin will be fully mined in 20 years.....when pressed on showing a link, he tried everything to distract from it.....and now its a typo and he meant 120 years from now. Thank you for the laugh dude!

Ignorance is no sin if you are willing to be educated.

Last count I have programmed in 19 languages over my career. I could probably duckduckgo it but I was wondering what. G36 says

programmability

means to you?

G36 says

I gotta leave this as is for a while. This was too good. Thank you again for the laughter. Talk to you later!

Not meaning to offend you @G36 I just believe you lack knowledge of crypto. You came here asking for advice and you got plenty.

If you still think Bitcoin is a valid investment and not a Ponzi scheme where the early adopters make money and the latecomers get left holding a flash drive, good luck.

My disrespect is for Bitcoin, not you. That's just my educated opinion.

G36 says

Onvacation says

Typo. I meant 2140.

They are going to try to keep the scam going for another century of artificial scarcity.

G36 says
bawahahahahahahahahahahhhhhhhhhhhahahahahaahah

Sry for busting your balls here. Being 100 years off is just too big to ignore. Does that make you question your alleged Bitcoin research? All this time you thought the last Bitcoin will be mined by 2040 and now that you know its 2140, does that change anything for you?
And before we move on to another topic. What do you mean by "They". Who is trying to keep what going? And in your mind, how would "they" even be able to do that?

G36 says

All this time you thought the last Bitcoin will be mined by 2040 and now that you know its 2140, does that change anything for you?

No. It's part of the scam of artificial scarcity.

G36 says

And before we move on to another topic.

What do you mean by the programmability of bitcoin?
Stop loss orders? Something else?

G36 says

G36 says

Onvacation says

Typo. I meant 2140.

They are going to try to keep the scam going for another century of artificial scarcity.

G36 says
bawahahahahahahahahahahhhhhhhhhhhahahahahaahah

Sry for busting your balls here. Being 100 years off is just too big to ignore. Does that make you question your alleged Bitcoin research? All this time you thought the last Bitcoin will be mined by 2040 and now that you know its 2140, does that change anything for you?
And before we move on to another topic. What do you mean by "They". Who is trying to keep what going? And in your mind, how would "they" even be able to do that?

Onvacation says
"No. It's part of the scam of artificial scarcity."


Interesting! So 100 years makes no difference to you. Why so hasty in moving on to the next topic. I thought we are having a discussion. I'll ask again.
What do you mean by "They". Who is trying to keep what going? And in your mind, how would "they" even be able to do that?

Wouldnt that be important to know for us? Who is they?

G36 says

Wouldnt that be important to know for us? Who is they?

Creaters of the scam and their dupes.

Onvacation says

G36 says

And before we move on to another topic.

What do you mean by the programmability of bitcoin?
Stop loss orders? Something else?

?

Onvacation says

G36 says

Wouldnt that be important to know for us? Who is they?

Creaters of the scam and their dupes.

I think your Bitcoin research needs to start (or start over). You seem to think that there are creaters in charge and that "they" can keep something(?!) going or not in regards to the Bitcoin network?? In your mind, how would that even be possible??

I am shocked that you, as an alleged software engineer, know so little about Bitcoin.

"Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system."

Since you seem to not agree with this, why even discuss it with you further? On your comparison with Gold and the Dollar you left decentralization, programmability (for instance, Bitcoin has a control logic built in so that Bitcoins cannot be counterfeited, it only allows a certain amount of Bitcoin to be mined, a halving event takes place which cuts the Bitcoin inflation rate and intermediaries are not needed), scarcity and security (cannot be counterfeited) off. These are key traits of Bitcoin.

Again, its shocking how little you know about Bitcoin. Take programmability for instance. You are telling me in your Bitcoin research you have never crossed an article about programmable money? Should I copy and paste some for you?

It's clear to me you have no interest in a discussion. You only post false info (last BTC mined in 2040, creaters can keep it going at will) or call people names.

G36 says

programmability (for instance, Bitcoin has a control logic built in so that Bitcoins cannot be counterfeited, it only allows a certain amount of Bitcoin to be mined, a halving event takes place which cuts the Bitcoin inflation rate and intermediaries are not needed

Programmed? Or programmable? Are you saying bitcoin is programmed because it was set up with artificial scarcity? Or are you saying that bitcoin is programmable and they can change the rules as they go? Both are true.

Help me understand what you mean by Bitcoin is programmable?

G36 says

Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system."

Like Heroin deals and buying Russian hookers?

What exciting uses do you foresee for bitcoin?

Onvacation says

G36 says

Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system."

Like Heroin deals and buying Russian hookers?

What exciting uses do you foresee for bitcoin?

What isnt exciting about Bitcoin?

G36 says

It's clear to me you have no interest in a discussion. You only post false info (last BTC mined in 2040, creaters can keep it going at will) or call people names.

I am willing to have my mistakes corrected. The designers of the bitcoin blockchain designed it for a century of artificial scarcity. I misread somewhere that it was 2040 and not 2140. I was wrong about that. Doesn't change my argument that bitcoin is a Ponzi scheme relying on the next speculator to pay more for the coin than you did.

It has been my experience that bitcoin speculators get real defensive when you try to point out to them the facts.

Onvacation says

On your comparison with Gold and the Dollar you left decentralization, programmability (for instance, Bitcoin has a control logic built in so that Bitcoins cannot be counterfeited, it only allows a certain amount of Bitcoin to be mined, a halving event takes place which cuts the Bitcoin inflation rate and intermediaries are not needed), scarcity and security (cannot be counterfeited) off. These are key traits of Bitcoin.

Again, its shocking how little you know about Bitcoin. Take programmability for instance. You are telling me in your Bitcoin research you have never crossed an article about programmable money? Should I copy and paste some for you?

same answer:
On your comparison with Gold and the Dollar you left decentralization, programmability (for instance, Bitcoin has a control logic built in so that Bitcoins cannot be counterfeited, it only allows a certain amount of Bitcoin to be mined, a halving event takes place which cuts the Bitcoin inflation rate and intermediaries are not needed), scarcity and security (cannot be counterfeited) off. These are key traits of Bitcoin.

Again, its shocking how little you know about Bitcoin. Take programmability for instance. You are telling me in your Bitcoin research you have never crossed an article about programmable money? Should I copy and paste some for you?

and why not answer questions?

I think your Bitcoin research needs to start (or start over). You seem to think that there are creaters in charge and that "they" can keep something(?!) going or not in regards to the Bitcoin network?? In your mind, how would that even be possible??

G36 says

You seem to think that there are creaters in charge and that "they" can keep something(?!) going or not in regards to the Bitcoin network?? In your mind, how would that even be possible??

Do you think there were not creators?