patrick.net

Wookie, You cant disprove any of these facts and that's why you get upset, start personal stuff, make up lies without proof and even beg the owner of the site to kick me out. And you call yourself a moderator? You need coaching if you want to be a moderator.

https://www.investopedia.com/terms/1/51-attack.asp

Knocks out easily transactable as you cannot transact in this situation.
Knocks out smart because it shouldn't be possible to do this.
Knocks out decentralized as a centralized group of miners could knock out the whole thing.
Knocks out durability as it's toast if this happens.
Knocks out fungible as it cannot be interchanged if the miners so decide.

This is just one link. This can happen as you have ZERO clue who is mining it. Crypto is backed by nothing, only that people will transfer fiat to pay for it. You've never answered to that. If you want more links I'll keep going. You post a chart and have ZERO explanation. We could flip all the columns and you'd still not understand it. Keep spamming though. Probably the 100th time this has been posted. That's spam. My job is to moderate that kind of crap. I'm do it and you don't like it. Why?

WookieMan says

This can happen as you have ZERO clue who is mining it.

Oh, we do have a clue: it's fucking CCP, that's who.

What a ridiculous way to argue, Wookie. And it doesnt change the concerns about your behavior as a moderator (accusations without proof, going personal versus discussing the topic, trying to get users kicked out that disagree on a topic)

A 51% attack has never happened since inception. The fact that something can hypothetically happen doesnt mean Bitcoin is not scarce, secure, smart, decentralized etc.

I dumb it down for you, the fact that aliens could hypothetically arrive tomorrow and steal all of the worlds gold doesnt mean gold is not durable.

FuckCCP89 says

WookieMan says

This can happen as you have ZERO clue who is mining it.

Oh, we do have a clue: it's fucking CCP, that's who.

Yes, I'd agree. And this is what G36 doesn't understand. It's not a hypothetical. It's a communist government that controls everything. They can allocate ALL resources to whatever they want. They will let their people starve, go without electric, anything to help the party. AND they likely have the capability to shut down our electric grid.

Some people just don't understand it. Whatever.

Either way, no counter argument from G36 to no backing asset/product which all currency or things of value have. Someone has to WANT crypto for it to stay inflated. If no one does, it's worthless.

Thats hilarious! Bitcoin is not durable, scarce, decentralized because of China, China, China!
And Tesla must be in on it! Why else did they convert 1.5B USD into Bitcoin! These traitors!
Dont forget the tin foil head today!

Bitcoin says

Thats hilarious! Bitcoin is not durable, scarce, decentralized because of China, China, China!
And Tesla must be in on it! Why else did they convert 1.5B USD into Bitcoin! These traitors!
Dont forget the tin foil head today!

Who are you responding to? What question have you answered? I was talking to G36. Not sure who you are. G36 is a proven spammer and manipulator though, that's for sure. Maybe G will will respond after walking the dog? I don't know, gotta be happy though with Biden extending UE benefits though. Dog gets an extra walk or 10 ;)

@Bitcoin I guess you completely ignored my previous posts where I completely demolish your BS chart.

As far as "counterfeiting" bitcoin.. A digital token that supposedly has a strictly limited supply. Well here you go: etherium, dogecoin, bitcoin cash, zcash, stellar lumen, thje list goes on:

https://www.trustetc.com/blog/types-of-cryptocurrency-explained/

Now we have as much supply of "limited " digital tokens as we could want. They even try to "counterfeit" bitcoin with bitcoin cash... If bitcoin is "gold 2.0", then bitcoin cash is "gold 2.0.1" , and I see no reason one isn't interchangeable with the other...

Would you ACTUALLY respond to this? Or will you resume your BS and pumping?

@wookieman you may have missed it, but G36 has been renamed bitcoin...probably to avoid the @g36 summons that were bothering him.. which means the summons just need to be updated to @Bitcoin

Zak says

you may have missed it, but G36 has been renamed bitcoin

Didn't miss Newbie123, G36 or Bitcoin. The beauty of name changes is I'm no longer talking about that user ;) They don't exist and all comments have been updated besides quotes. Can't mark it personal because they hide behind a new name.

He can hate the player, but don't hate the game. lol. But you're right, avoiding getting called out is the plan for G36. Doesn't answer questions. Spams. I'm doing my work, moderating trash. I'd invest in BTC in one second if G36 could explain it. Can't. Won't. Poor salesman I guess which is why the doggy gets walked so much.

@Zak,

i love my new name and the symbol. Should have done that a while ago. The @ summons comments are pretty funny. None of them actually do anything as i have notifications turned off. And even if I had notifications turned on, you can just route it to a spam folder. I never really got why onvacation got so riled up about me using the @ thingy.

So, still no evidence that Bitcoin can be counterfeited, right? Because you cant :)

Bitcoin says

So, still no evidence that Bitcoin can be counterfeited, right? Because you cant

It doesn't have to be counterfeited. It's seriously hysterical that some don't get that.

Bitcoin says

I never really got why onvacation got so riled up about me using the @ thingy.

That G36 guy was a real prick. Couldn't just be respectful of another users request. Good thing he's gone.

whelp.. had to do it.. bitcoin now on ignore...

WookieMan says

Yes, I'd agree. And this is what G36 doesn't understand. It's not a hypothetical. It's a communist government that controls everything. They can allocate ALL resources to whatever they want. They will let their people starve, go without electric, anything to help the party. AND they likely have the capability to shut down our electric grid.

I bought Petrochina stock in 2006 or so:

https://finance.yahoo.com/quote/PTR

I used to work in the library on patrick.net and there was an old Chinese guy who I would compete with to get the Wall Street Journal. Whoever got there first had to wait for the other to read it. So I started talking to him about stocks, and he said to never buy any Chinese stock because the CCP will just confiscate it all whenever they deem it to be in their own interest.

I sold PTR after that and I think it never did recover to the price I sold at, but does pay a hefty dividend if you are willing to take the risk of dealing with the CCP.

Zak says

whelp.. had to do it.. bitcoin now on ignore...

of course....cause he doesnt stand a chance in any debate. And he cant handle it anymore that I use his own line to make fun of him ("I just saw bitcoin silence today and wondered wtf, where was all the cheering? I know it's still up at like 40k, but uhh.. how did 20% of this amazing store of value evaporate in 2 days?")

Bitcoin says

Thats hilarious! Bitcoin is not durable, scarce, decentralized because of China, China, China!
And Tesla must be in on it! Why else did they convert 1.5B USD into Bitcoin! These traitors!
Dont forget the tin foil head today!

bump :D

Bitcoin says

of course....cause he doesnt stand a chance in any debate.

You've yet to debate anything to date. 12 ignores in record time. AF only had like 50 after 15 years.... You'll learn.

12 ignores .....how cute! on 13k users. 0.001.....how adorable

Bitcoin says

12 ignores .....how cute! on 13k users. 0.001.....how adorable

2X's more than me and I've been here close to a decade consecutive without a name change or avatar change. As usual, that speaks volumes about you. You managed to get double mine in 6 months. Let that soak in... I'm pretty sure most mine are from users that have moved on from the site as well. Yours are all recently active users.

I'm not the one trying to sell tulips and the people that want the tulips are ignoring me... that's what is happening.

Did someone say 60k Bitcoin??? 60k Bitcoin!?
I can smell it....its in the air!



celebrating this milestone with a loong bike ride today! Beautiful weather in Socal! Congratulations to all Bitcoin holders!

I am taking a wild guess here......@Zak
we wont hear much from Zak today! Bitcoin at 61k!

Zak posted this on Feb 23rd:

"I just saw bitcoin silence today and wondered wtf, where was all the cheering?
I know it's still up at like 40k, but uhh.. how did 20% of this amazing store of value evaporate in 2 days?"

I cant help but read and laugh at this!

Bitcoin says

we wont hear much from Zak today! Bitcoin at 61k!

Maybe has a job? Maybe having a Sunday funday or weekend? Maybe doesn't need to watch the price 24/7 all freaked out when it will plummet?

But hey, keep posting the price in USD everyday for the 2-3 others here that hold BTC and have you on ignore. Totally not spam.... lol.

Yeah, usually, we dont hear much from anti-Bitcoiners during a run up. The ones that missed out and havent bought yet are usually barking the loudest when Bitcoin corrects. As soon as it recovers and reaches to new all time highs its silence. Not a peep :)
Its fun to watch how Bitcoin slaps the haters, almost daily :)

Bitcoin up, but I'm still down to call it out on being speculation, not investment.

Zak says

Bitcoin up, but I'm still down to call it out on being speculation, not investment.

I am speculating my investment in Bitcoin will do well this year.....very well.

Well, bitcoin is certainly doing well, no?

GlocknLoad says

Well, bitcoin is certainly doing well, no?

On paper, yes. If you don't take gains, then no. It doesn't matter until you gain something from it. Housing bust 2.0. Everyone thought their house was the greatest thing since sliced bread when someone bought in '03-'04 and the price doubled by '06. You get to live there and it's worth X value. That really worked out well for a lot of people.....

This is a speculative bubble and no one can prove otherwise as there's no assets backing it in anyway. New cryptos are made every day. There's zero function or utility to it outside of confirming transfers of the fake money. It's a video game.

WookieMan says

GlocknLoad says

Well, bitcoin is certainly doing well, no?

On paper, yes

Yes, the value has gone up 1,000% in the past 12 months! Beautiful!
And major companies are investing in Bitcoin. NVidia has created a new chip, just for crypto.

https://www.thestreet.com/investing/cryptocurrency/bitcoin-holds-its-own-around-60k

Among those embracing the currency? JPMorgan JPM has recently unveiled an investment product with indirect exposure to bitcoin and other cryptocurrencies, while names like PayPal (PYPL) - Get Report and Visa (V) - Get Report earlier began offering crypto services. Tech giant Nvidia (NVDA) - Get Report has even created a new chip especially for use in cryptocurrency.

Bitcoin says

Yes, the value has gone up 1,000% in the past 12 months! Beautiful!

Not beautiful unless you've taken gains. Classic pumper and you're sounding like the guys that bought a shack in 2007 thinking housing would run forever. It didn't and BTC is no different.

At least with a house you've got a roof over your head and you can scrap stuff from inside if the shit hits the fan (it did) and then it will become the banks problem after you live 1-2 years rent/payment free. Just a credit hit for 7 years. BTC won't end as well.

the best part about it is, we are still in the disbelief stage. There were actual people who thought Bitcoin will go to 1.2k not that long ago !

In reality, this happened:

"Bitcoin hit a record $60,000 on Saturday, marking a 1,000% gain in the past year."
https://markets.businessinsider.com/currencies/news/bitcoin-price-surges-record-60000-stimulus-hopes-institutional-support-2021-3-1030188023

Beautiful gains!

Lets see if @Zak comes out with his big mouth during the dip or if he learned something. I am 65% sure he will come out and cheer and fall into the same trap.

Bitcoin says

Lets see if (edit to remove @)Zak comes out with his big mouth during the dip or if he learned something. I am 65% sure he will come out and cheer and fall into the same trap.

No one cheers people losing money. All we're doing is pointing out that it's not an investment. It's trading something that will for sure be worthless at some point. If you didn't take any gains you've made nothing. So all the spamming means nothing. You've made nothing. And we'll see how big this dip is. I think it could be big.

WookieMan says

Lets see if (edit to remove @)Zak comes out with his big mouth during the dip or if he learned something. I am 65% sure he will come out and cheer and fall into the same trap.

Please dont edit quotes. Thats illegal here! You dont want that a moderator has to flag you again, do you?

Bitcoin says

Please dont edit quotes. Thats illegal here! You dont want that a moderator has to flag you again, do you?

I'm not a dick. Zak doesn't need to get a notification. Sure he can filter it. But again, I'm not a dick. He didn't ignore me... lol. Keep up chief.

@WookieMan, there is no excuse for editing quotes. Pls dont do it, otherwise we have to flag you again. Thank you for considering our Patnet rules.

Bitcoin says

@WookieMan, there is no excuse for editing quotes. Pls dont do it, otherwise we have to flag you again. Thank you for considering our Patnet rules.

I made note of the edit as I didn't want to bother Zak since he has you on ignore. Intelligence is a thing. Maybe get some.

thank you for following the rules going forward. We dont want people to edit quotes. Thanks @WookieMan

Bitcoin says

thank you for following the rules going forward.

I followed the rules. What the hell are you talking about? Grow up.

@WookieMan
you edited quotes but it seems you understand you cant do this here. Thank you for obeying the rules going forward.

Bitcoin says

you edited quotes but it seems you understand you cant do this here. Thank you for obeying the rules going forward.

I made note that I edited it. That is fine. Manipulating without strike through or notes about it is pure lying and deceitful, which is what you were doing. What I did is not that. It was actually a courtesy as Zak has you on ignore for a reason and I wasn't going to @ him in a response to you. He doesn't want to see what you have to spam...errrr say.