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81
Onvacation
2021 Mar 4, 3:55pm
Onvacation
2021 Mar 4, 3:55pm
There are good and bad people everywhere. Even in the worst shithole imaginable there are little spots of paradise.
I like California, it's home. I also like to travel. One of the best things about California is that the best and brightest from around the world move here. There are a lot of good reasons to stay, and some really good reasons to leave.
The same could be said about anywhere.
But the point is, bitcoin is a scam that make some traders some money and depend on fools to HODL in order to keep the scam going.
I like California, it's home. I also like to travel. One of the best things about California is that the best and brightest from around the world move here. There are a lot of good reasons to stay, and some really good reasons to leave.
The same could be said about anywhere.
But the point is, bitcoin is a scam that make some traders some money and depend on fools to HODL in order to keep the scam going.
82
B.A.C.A.H.
2021 Mar 5, 8:38am
B.A.C.A.H.
2021 Mar 5, 8:38am
WookieMan says
You sure know an awful lot about where we live, even though you don't live here.
In the past several weeks I've walked over 100 miles on different streets in my city in California, some walking dog, most not. Never encountered such a person like you cite here, from your non-boots-on-the-ground knowledge of a place you never lived. Seen homeless and exchanged "good morning" with some of them, mostly along river banks and under freeway overpasses. But no assholes like you cite here, from your non-experience.
Maybe, like Onvacation cited here, we do travel. How would you know?, - we just don't boast about it.
What I have observed, is much more experiential eye-opening from walking about in neighborhoods in my city spanning all the demographics. Yesterday I walked in the posh part of my city where that smug-asshole-Texas-bashing-prick-non-Californian-who-lives in California (I think his name is Bret Alder) resides. I walked within a few blocks of his residence. Other times in neighborhoods you and even we locals would call shitty. Lots more eye-opening than traveling to tourist destinations and resorts (yes I have done that, too) which are mostly filled with entitled petty bourgeois like you and me from the US and other developed countries.
I could boast about all that sh*t, so could Onvacation, if we wanted to. But we don't want to.
There is truth to what you say about the needles and the human feces on the sidewalks in parts of SF. I have seen that for myself. But that's not the whole state of California, just like the combat zones in Chicago are not the whole state you live in.
Chill out, sir.
The people you meet walking your dog are pieces of shit. They'll yell at you if you don't wear a mask OUTSIDE!!! You can't go out to eat without a mask. Jesus, you don't get it. You live in a hell hole and don't even understand it. Others here do that live in your utopia of feces and needles. Get out. Travel. You'll learn.
You sure know an awful lot about where we live, even though you don't live here.
In the past several weeks I've walked over 100 miles on different streets in my city in California, some walking dog, most not. Never encountered such a person like you cite here, from your non-boots-on-the-ground knowledge of a place you never lived. Seen homeless and exchanged "good morning" with some of them, mostly along river banks and under freeway overpasses. But no assholes like you cite here, from your non-experience.
Maybe, like Onvacation cited here, we do travel. How would you know?, - we just don't boast about it.
What I have observed, is much more experiential eye-opening from walking about in neighborhoods in my city spanning all the demographics. Yesterday I walked in the posh part of my city where that smug-asshole-Texas-bashing-prick-non-Californian-who-lives in California (I think his name is Bret Alder) resides. I walked within a few blocks of his residence. Other times in neighborhoods you and even we locals would call shitty. Lots more eye-opening than traveling to tourist destinations and resorts (yes I have done that, too) which are mostly filled with entitled petty bourgeois like you and me from the US and other developed countries.
I could boast about all that sh*t, so could Onvacation, if we wanted to. But we don't want to.
There is truth to what you say about the needles and the human feces on the sidewalks in parts of SF. I have seen that for myself. But that's not the whole state of California, just like the combat zones in Chicago are not the whole state you live in.
Chill out, sir.
84
WookieMan
2021 Mar 5, 9:14am
WookieMan
2021 Mar 5, 9:14am
B.A.C.A.H. says
You're not understanding what I'm doing. I'll leave it at that with regards to the CA trashing. I have no beef with you or your state. Just outing a troll and spammer (not you) is all. CA is fine and has its flaws like any place. IL has massive property taxes and one of the deadliest cities (well neighborhoods) in the country/world. I wouldn't live in CA ever, but it's a fine place, just not remotely worth it financially for what is delivered.
I love travel though and won't apologize for it. I guess my goal is to motivate people to do it. See different things, places and people like you mention on your walks. I just prefer to do it on a plane and see completely different areas that aren't familiar so I can learn. It's good for you. I get I can come across as pompous, but I'm just excited about it and want to share. No different than someone bragging about losing 10lbs. Would you shame that person? I wouldn't.
I know I'll get this flipped on me, but I'll keep repeating it. Make money all you want on crypto. I want people to make money. Don't try and sell a scam though to others, just say I made money and move on. Call me a vigilante ass hole all you want, I know I'm right. Tell tale sign is when the spammers/pumpers won't answer logical questions. That's why I'm bashing CA. The dude bashes IL in every single post, yet you don't have a problem with that? Not trashing you, but that's rather hypocritical.
we just don't boast about it.
You're not understanding what I'm doing. I'll leave it at that with regards to the CA trashing. I have no beef with you or your state. Just outing a troll and spammer (not you) is all. CA is fine and has its flaws like any place. IL has massive property taxes and one of the deadliest cities (well neighborhoods) in the country/world. I wouldn't live in CA ever, but it's a fine place, just not remotely worth it financially for what is delivered.
I love travel though and won't apologize for it. I guess my goal is to motivate people to do it. See different things, places and people like you mention on your walks. I just prefer to do it on a plane and see completely different areas that aren't familiar so I can learn. It's good for you. I get I can come across as pompous, but I'm just excited about it and want to share. No different than someone bragging about losing 10lbs. Would you shame that person? I wouldn't.
I know I'll get this flipped on me, but I'll keep repeating it. Make money all you want on crypto. I want people to make money. Don't try and sell a scam though to others, just say I made money and move on. Call me a vigilante ass hole all you want, I know I'm right. Tell tale sign is when the spammers/pumpers won't answer logical questions. That's why I'm bashing CA. The dude bashes IL in every single post, yet you don't have a problem with that? Not trashing you, but that's rather hypocritical.
87
WookieMan
2021 Mar 5, 9:47am
WookieMan
2021 Mar 5, 9:47am
Onvacation says
Yes. I'm just countering a troll that I don't think has been anywhere in his life. I shouldn't waste my time. I like CA. I also like FL, MT, CO, AZ, WI, WA, OR, MO and surprisingly Alabama. Puerto Rico, USVI and other Caribbean islands rock as well. Mexico is growing on me too. Really want to get to Alaska.
I'll never be settled in one area and just sit there and not frequently see things. Won't happen at this point. Not that there's anything wrong with people that do either. Life choice. I'll go to CA probably another 10-20 times in my life depending how long I'm here. I like it. I just don't like people that pump it like it's the best things knowing damn well it's massively flawed. And then bash my state having never been. I've been to CA a dozen times roughly, most for 4-7 days. I'm sure there are great parts. Of places I've traveled I'm extremely underwhelmed with CA outside of the scenery that can be found in other states.
I'll have fun in rain, snow, cold, sunshine, etc. The weather fall back for me is a cop out. Especially considering how messed up CA is with homeless, illegals, drugs, etc. I also have to fall back on the users here that bash it almost daily. I hear about how bad it is mainly and I've also been. I think I have a decent understand of the place having traveled it from the northern most point to souther a couple times. Not enough to "know" it like someone that's lived there, but I've seen enough to have an idea.
Either way, G won't even answer a simple question about where he's traveled. It is fact that wealthy people travel. He could lie for all I care. He claims to be wealthy from crypto. I call BS and the guy won't answer a question. He spams/pumps crypto. I'm guessing he's paid to pump. This isn't our first go around either.
Not you OV, but if someone wants to defend a quote manipulator go ahead. Just diminishes what can be great conversation here. And maybe I'm wrong for engaging a troll. But defend what someone is questioning. G doesn't do that.
The same could be said about anywhere.
Yes. I'm just countering a troll that I don't think has been anywhere in his life. I shouldn't waste my time. I like CA. I also like FL, MT, CO, AZ, WI, WA, OR, MO and surprisingly Alabama. Puerto Rico, USVI and other Caribbean islands rock as well. Mexico is growing on me too. Really want to get to Alaska.
I'll never be settled in one area and just sit there and not frequently see things. Won't happen at this point. Not that there's anything wrong with people that do either. Life choice. I'll go to CA probably another 10-20 times in my life depending how long I'm here. I like it. I just don't like people that pump it like it's the best things knowing damn well it's massively flawed. And then bash my state having never been. I've been to CA a dozen times roughly, most for 4-7 days. I'm sure there are great parts. Of places I've traveled I'm extremely underwhelmed with CA outside of the scenery that can be found in other states.
I'll have fun in rain, snow, cold, sunshine, etc. The weather fall back for me is a cop out. Especially considering how messed up CA is with homeless, illegals, drugs, etc. I also have to fall back on the users here that bash it almost daily. I hear about how bad it is mainly and I've also been. I think I have a decent understand of the place having traveled it from the northern most point to souther a couple times. Not enough to "know" it like someone that's lived there, but I've seen enough to have an idea.
Either way, G won't even answer a simple question about where he's traveled. It is fact that wealthy people travel. He could lie for all I care. He claims to be wealthy from crypto. I call BS and the guy won't answer a question. He spams/pumps crypto. I'm guessing he's paid to pump. This isn't our first go around either.
Not you OV, but if someone wants to defend a quote manipulator go ahead. Just diminishes what can be great conversation here. And maybe I'm wrong for engaging a troll. But defend what someone is questioning. G doesn't do that.
88
Patrick
2021 Mar 5, 9:52am
Patrick
2021 Mar 5, 9:52am
@G36 How about just talking about Bitcoin but not the other users personally?
89
Bitcoin
2021 Mar 5, 9:56am
Bitcoin
2021 Mar 5, 9:56am
@Patrick, agreed. Its just not easy with someone like @WookieMan who constantly gets personal.
91
B.A.C.A.H.
2021 Mar 5, 10:38am
B.A.C.A.H.
2021 Mar 5, 10:38am
WookieMan says
What has where you think he's not been got to do with his BitCoin trolling? (I agree with you about the trolling, BTW).
Just asking.
Yes. I'm just countering a troll that I don't think has been anywhere in his life.
What has where you think he's not been got to do with his BitCoin trolling? (I agree with you about the trolling, BTW).
Just asking.
92
WookieMan
2021 Mar 5, 10:57am
WookieMan
2021 Mar 5, 10:57am
B.A.C.A.H. says
Hasn't been to IL that's for sure and bashes it in almost every post. We get a bad rap and maybe I'm hypocritical of CA for the same reasons. I've been to most major cities in the country for multiple nights. Chicago has rough spots, but it's probably the best American city I've been to. Boston would be the only one that I really haven't experienced as an adult.
The rest of IL is basically farm communities. Wholesome, super nice people that will give you the shirt off their back. My wife was doing something for work just the other day on a road. Some woman drove up and asked if she needed help and offered to give her a ride thinking her car broke down (again, not a guy).
CA is massive, but most of it is concentrated along the coasts. Urban areas blow. I've lived in Chicago, Geneva and now.... I won't say, but rural. Nothing beats rural. 5-15 years in each place.
I'm sure rural CA is great too. I like CA. My experience has been negative and that's not me just messing with a troll. I honestly like Patnet because you guys seem like the cool Californians I've experienced. Not all are bad, but the "hey dude" CA vibe and personality is not what is happening it real life. Most I know there seem miserable and it shows here on patnet quiet frequently.
Winters and humidity are blah, but IL is a good place to live if you give it a chance. Just like CA, though it's financially fucked up like IL is. Biden will fix that for both of us though....
Fact is there are better places than CA and he makes grand claims that it's the best. I don't claim IL is the best. It's the best for me. But he trolls and says IL sucks having never been. Can't answer a question. We may not agree on things, but I'm at least having a dialog with you. G doesn't.
WookieMan saysYes. I'm just countering a troll that I don't think has been anywhere in his life.
What has where you think he's not been got to do with his BitCoin trolling? (I agree with you about the trolling, BTW).
Just asking.
Hasn't been to IL that's for sure and bashes it in almost every post. We get a bad rap and maybe I'm hypocritical of CA for the same reasons. I've been to most major cities in the country for multiple nights. Chicago has rough spots, but it's probably the best American city I've been to. Boston would be the only one that I really haven't experienced as an adult.
The rest of IL is basically farm communities. Wholesome, super nice people that will give you the shirt off their back. My wife was doing something for work just the other day on a road. Some woman drove up and asked if she needed help and offered to give her a ride thinking her car broke down (again, not a guy).
CA is massive, but most of it is concentrated along the coasts. Urban areas blow. I've lived in Chicago, Geneva and now.... I won't say, but rural. Nothing beats rural. 5-15 years in each place.
I'm sure rural CA is great too. I like CA. My experience has been negative and that's not me just messing with a troll. I honestly like Patnet because you guys seem like the cool Californians I've experienced. Not all are bad, but the "hey dude" CA vibe and personality is not what is happening it real life. Most I know there seem miserable and it shows here on patnet quiet frequently.
Winters and humidity are blah, but IL is a good place to live if you give it a chance. Just like CA, though it's financially fucked up like IL is. Biden will fix that for both of us though....
Fact is there are better places than CA and he makes grand claims that it's the best. I don't claim IL is the best. It's the best for me. But he trolls and says IL sucks having never been. Can't answer a question. We may not agree on things, but I'm at least having a dialog with you. G doesn't.
93
WookieMan
2021 Mar 5, 11:07am
WookieMan
2021 Mar 5, 11:07am
HunterTits says
This. I don't believe in god or any religion, but at least with those there's historical context and literature to kind of back it up. And morally it's at least seemingly beneficial, though people use it as a cover a lot. Islam is bad though.
If I asked a Catholic person about their religion they'd answer. This crypto religion. No one can answer a fucking question. Everything is a scam to part you from your money. That's what commerce and trade is. Crypto is literally nothing but a spreadsheet or a program. Now a program could help you streamline rental car reservations and is value. Crypto streamlines nothing. You're just trading USD or other existing currencies for another "currency" supposedly.
I'm open to having a conversation about it, but the other side has to answer one question. They haven't.
Because this is religion for him, I think.
This. I don't believe in god or any religion, but at least with those there's historical context and literature to kind of back it up. And morally it's at least seemingly beneficial, though people use it as a cover a lot. Islam is bad though.
If I asked a Catholic person about their religion they'd answer. This crypto religion. No one can answer a fucking question. Everything is a scam to part you from your money. That's what commerce and trade is. Crypto is literally nothing but a spreadsheet or a program. Now a program could help you streamline rental car reservations and is value. Crypto streamlines nothing. You're just trading USD or other existing currencies for another "currency" supposedly.
I'm open to having a conversation about it, but the other side has to answer one question. They haven't.
94
Bitcoin
2021 Mar 5, 11:35am
Bitcoin
2021 Mar 5, 11:35am
B.A.C.A.H. says
prime example....he doesnt let Bitcoin investors discuss and share infos without constantly making personal comments.
When we make a personal comment, he runs to Patrick.
WookieMan saysYes. I'm just countering a troll that I don't think has been anywhere in his life.
What has where you think he's not been got to do with his BitCoin trolling? (I agree with you about the trolling, BTW).
Just asking.
prime example....he doesnt let Bitcoin investors discuss and share infos without constantly making personal comments.
When we make a personal comment, he runs to Patrick.
95
WookieMan
2021 Mar 5, 11:51am
WookieMan
2021 Mar 5, 11:51am
G36 says
You don't answer a question. Thought I'd throw out a softball question and see if you could answer. You didn't. That's how we got here with the travel. We did try to discuss BTC and crypto with you, you didn't want to. Then you went personal. There are threads and comments of evidence I'm right. Crypto is good in your world, but you've failed to sell anyone on it. I'm sorry that disappoints you.
awaiting moderation
You don't answer a question. Thought I'd throw out a softball question and see if you could answer. You didn't. That's how we got here with the travel. We did try to discuss BTC and crypto with you, you didn't want to. Then you went personal. There are threads and comments of evidence I'm right. Crypto is good in your world, but you've failed to sell anyone on it. I'm sorry that disappoints you.
97
WookieMan
2021 Mar 5, 12:10pm
WookieMan
2021 Mar 5, 12:10pm
G36 says
Dude, you never answered a question from anyone. Stop with the BS. It wasn't just me.
Others have brought up perfect examples of why BTC is crap and you just mock them with it. You don't answer what they asked you. That's trolling. And then posting links to crap sites and not responding to valid criticism. That's spam. You don't have to like what I'm saying, but that's what it is.
awaiting moderation
Dude, you never answered a question from anyone. Stop with the BS. It wasn't just me.
Others have brought up perfect examples of why BTC is crap and you just mock them with it. You don't answer what they asked you. That's trolling. And then posting links to crap sites and not responding to valid criticism. That's spam. You don't have to like what I'm saying, but that's what it is.
98
Patrick
2021 Mar 5, 4:47pm
Patrick
2021 Mar 5, 4:47pm
G36 says
Will you lay off the fake quotes?
what is this now? none of my comments come through anymore lol
Will you lay off the fake quotes?
99
B.A.C.A.H.
2021 Mar 5, 6:47pm
B.A.C.A.H.
2021 Mar 5, 6:47pm
G36 says
Is Patrick biased with controlling his blog? If he is, well, it's his blog.
If you want to troll cryptocurrencies you could create your own blog and then you could censor people who disagree with you.
prime example....he doesnt let Bitcoin investors discuss and share infos without constantly making personal comments.
When we make a personal comment, he runs to Patrick.
Is Patrick biased with controlling his blog? If he is, well, it's his blog.
If you want to troll cryptocurrencies you could create your own blog and then you could censor people who disagree with you.
100
Bitcoin
2021 Mar 5, 7:30pm
Bitcoin
2021 Mar 5, 7:30pm
Patrick says
yes....I absolutely will not edit quotes anymore.
G36 sayswhat is this now? none of my comments come through anymore lol
Will you lay off the fake quotes?
yes....I absolutely will not edit quotes anymore.
102
Blue
2021 Mar 5, 11:46pm
HunterTits says
Also pumping same crap like election2020 (blocked) Some people have limited intellectual capacity. If I see same crap from G36, I'd block him too to stop wasting time.
Crypto in the current form is purely gamble to find next greater fool. Mainly used for contraband that destroys communities.
Patrick saysOK @G36 you are out of moderation jail. Thanks.
He's so toxic I blocked him a while ago. Only see him quoted by others and that is bad enough.
Also pumping same crap like election2020 (blocked) Some people have limited intellectual capacity. If I see same crap from G36, I'd block him too to stop wasting time.
Crypto in the current form is purely gamble to find next greater fool. Mainly used for contraband that destroys communities.
103
just_passing_through
2021 Mar 6, 12:10am
just_passing_through
2021 Mar 6, 12:10am
Patrick says
Ewww... That's like a black sin or something. Comment changers are no bueno. Unless it's their own of course for typos.
Will you lay off the fake quotes?
Ewww... That's like a black sin or something. Comment changers are no bueno. Unless it's their own of course for typos.
104
richwicks
2021 Mar 6, 4:02am
richwicks
2021 Mar 6, 4:02am
Rin says
As a serious question:
I understand how easy it is to make money doing nothing for society, do you feel guilty only making money doing nothing to improve society, or do you think you improve society in a way I cannot see?
I think I can easily make money by being a sociopath, but even as an atheist, I want to hold onto my humanity. Are you sure you've held onto this? You're fucking a plastic doll, and before that whores.
Do you have any obligation to other people - and by that I mean do you have any feeling for them? I know this is a heady question.
For a long time, a very long time, I was a vegetarian because I realized I couldn't kill an animal, I simply could not end a life. I suspect you see this as weakness, but I see a lankness of compassion. Within my lifetime I've experienced compassion. Useless compassion for the most part.
I strongly believe our only worth of existence is making another life better. You may laugh at this, but I guarantee I'm the best dog owner you've ever talked to. My best experience was improving a life. I did dog rescue and fostering for a decade, and the most broken and miserable dogs, I kept and built up, only to have them die on me. This was my most rewarding part of my life and the most painful part of my life, so far. They were "just dogs" but I was an truly actually an exceptional owner. They had a better existence than 99% of human beings, and better than 99.999% of a dog's life. Vicarious joy is wonderful.
Rin, find something you can love. But - find something you can actually love. It's beneficial for them and you, benefit them. Improve a life, and get something out of it as well. Love isn't selfish.
But I warn you, love is a commitment through life. A dog is merely 14 to 18 years at most. A human is a full lifetime. Even so, 14 years is a long time.
In another thread ...
Just for some fun, I've decided to run a weekly price bar chart, with Fibonaccis on the whole thing ...
Here's the scoop, now that bigger institutes, along with the retail traders are into this speculation, there are actually trading zones for this thing because there are lots of players, not just the penny stock speculators.
So since last week's bearish candle engulfs the prior week's bullish one, we're on a retest of the price near the 0.618% Fibonacci retracement level. If that level holds, we have a bounce in place ... ready to go.
If it falls through that region w/ no intraweek support, then it falls to the next trading zone, and so on.
For this to be a bust, it needs to get back to the baseline.
I suspect that the big fish will issue a huge buyback in the 23K range, if not earlier (29K-35K). Sure, this thing may evaporate in the fu...
As a serious question:
I understand how easy it is to make money doing nothing for society, do you feel guilty only making money doing nothing to improve society, or do you think you improve society in a way I cannot see?
I think I can easily make money by being a sociopath, but even as an atheist, I want to hold onto my humanity. Are you sure you've held onto this? You're fucking a plastic doll, and before that whores.
Do you have any obligation to other people - and by that I mean do you have any feeling for them? I know this is a heady question.
For a long time, a very long time, I was a vegetarian because I realized I couldn't kill an animal, I simply could not end a life. I suspect you see this as weakness, but I see a lankness of compassion. Within my lifetime I've experienced compassion. Useless compassion for the most part.
I strongly believe our only worth of existence is making another life better. You may laugh at this, but I guarantee I'm the best dog owner you've ever talked to. My best experience was improving a life. I did dog rescue and fostering for a decade, and the most broken and miserable dogs, I kept and built up, only to have them die on me. This was my most rewarding part of my life and the most painful part of my life, so far. They were "just dogs" but I was an truly actually an exceptional owner. They had a better existence than 99% of human beings, and better than 99.999% of a dog's life. Vicarious joy is wonderful.
Rin, find something you can love. But - find something you can actually love. It's beneficial for them and you, benefit them. Improve a life, and get something out of it as well. Love isn't selfish.
But I warn you, love is a commitment through life. A dog is merely 14 to 18 years at most. A human is a full lifetime. Even so, 14 years is a long time.
105
Bitcoin
2021 Mar 6, 7:05am
Bitcoin
2021 Mar 6, 7:05am
richwicks says
Both. I wouldn't feel guilty. But if I get richer, I indirectly help society because with my profits I am able to buy more rentals and be a good/fair landlord. Also, Investing in Bitcoin helps society greatly: Banks used to have a monopoly. Now you can be your own bank.
I also like your dog story. We got a 2 year old doggy and I love improving his and my life by walking through the rolling hills in this beautiful SoCal weather.
I understand how easy it is to make money doing nothing for society, do you feel guilty only making money doing nothing to improve society, or do you think you improve society in a way I cannot see?
Both. I wouldn't feel guilty. But if I get richer, I indirectly help society because with my profits I am able to buy more rentals and be a good/fair landlord. Also, Investing in Bitcoin helps society greatly: Banks used to have a monopoly. Now you can be your own bank.
I also like your dog story. We got a 2 year old doggy and I love improving his and my life by walking through the rolling hills in this beautiful SoCal weather.
106
WookieMan
2021 Mar 6, 7:12am
WookieMan
2021 Mar 6, 7:12am
G36 says
What are you talking about? Trucking is a monopoly with what you're saying. It makes no sense. There are multiple banks and transactional vendors in USD. Visa, Discover, Chase, BoA, etc. There's competition. Because they charge a fee makes no difference. If there's a fee free way, vendors aren't going to reduce the cost of goods. BTC has no net benefit besides maybe some of the tech. Ultimately there are no assets or value outside of trading it like digital video game coins. It's a game.
Banks used to have a monopoly.
What are you talking about? Trucking is a monopoly with what you're saying. It makes no sense. There are multiple banks and transactional vendors in USD. Visa, Discover, Chase, BoA, etc. There's competition. Because they charge a fee makes no difference. If there's a fee free way, vendors aren't going to reduce the cost of goods. BTC has no net benefit besides maybe some of the tech. Ultimately there are no assets or value outside of trading it like digital video game coins. It's a game.
107
Onvacation
2021 Mar 6, 7:27am
Onvacation
2021 Mar 6, 7:27am
richwicks says
I think my biggest problem with bitcoin is that it is purely a speculative bet that depends on the greater fool, consumes vast amounts of energy, and has no benefit to noncriminal society.
Wait, that's what I have saying all along!
I understand how easy it is to make money doing nothing for society, do you feel guilty only making money doing nothing to improve society, or do you think you improve society in a way I cannot see?
I think my biggest problem with bitcoin is that it is purely a speculative bet that depends on the greater fool, consumes vast amounts of energy, and has no benefit to noncriminal society.
Wait, that's what I have saying all along!
108
Onvacation
2021 Mar 6, 7:32am
Onvacation
2021 Mar 6, 7:32am
G36 says
Not really. All crypto is valued in central bank fiat. When the banks crash nobody will trade your crypto for food even if it's worth $1,000,000 per coin.
Also, Investing in Bitcoin helps society greatly: Banks used to have a monopoly. Now you can be your own bank.
Not really. All crypto is valued in central bank fiat. When the banks crash nobody will trade your crypto for food even if it's worth $1,000,000 per coin.
109
WookieMan
2021 Mar 6, 7:43am
WookieMan
2021 Mar 6, 7:43am
Onvacation says
I don't even look at it morally. Yes it's bad. Tons of bad stuff with it.
My issue is that literally no one that invests in it can explain it. Every single website out there if you research it is pure pumper trash. People will claim "institutional" investors are getting in. So did the largest fucking insurance firms in the early 2000's buying pure trash or insuring it during the housing bust. That's why I think most crypto people are 22-34. They didn't live the housing crisis financially.
Crypto is not what anyone thinks it is that's invested. Plenty of people made bank off the housing crisis, a ton more got burned. When you've got people buying 3 houses as a waitress, things ain't right. Can't stop stupid I guess.
richwicks says
I understand how easy it is to make money doing nothing for society, do you feel guilty only making money doing nothing to improve society, or do you think you improve society in a way I cannot see?
I think my biggest problem with bitcoin is that it is purely a speculative bet that depends on the greater fool, consumes vast amounts of energy, and has no benefit to noncriminal society.
Wait, that's what I have saying all along!
I don't even look at it morally. Yes it's bad. Tons of bad stuff with it.
My issue is that literally no one that invests in it can explain it. Every single website out there if you research it is pure pumper trash. People will claim "institutional" investors are getting in. So did the largest fucking insurance firms in the early 2000's buying pure trash or insuring it during the housing bust. That's why I think most crypto people are 22-34. They didn't live the housing crisis financially.
Crypto is not what anyone thinks it is that's invested. Plenty of people made bank off the housing crisis, a ton more got burned. When you've got people buying 3 houses as a waitress, things ain't right. Can't stop stupid I guess.
110
B.A.C.A.H.
2021 Mar 6, 9:34am
B.A.C.A.H.
2021 Mar 6, 9:34am
Onvacation says
Those are three problems.
Which one of those would you say is the biggest problem?
I think my biggest problem with bitcoin is that it is purely a speculative bet that depends on the greater fool, consumes vast amounts of energy, and has no benefit to noncriminal society.
Those are three problems.
Which one of those would you say is the biggest problem?
111
WookieMan
2021 Mar 6, 10:00am
WookieMan
2021 Mar 6, 10:00am
B.A.C.A.H. says
Greater fool in my opinion. It can destroy families. I've seen it during the last bull run. And so can stocks, but with stocks you at least have an idea what you're getting by investing. You or anyone cannot explain what you're getting from crypto and specifically BTC.
It's tradable for sure. It would be stupid to hold it like other stocks and investments though. 2018 until Nov. 2020, BTC was dead money. 2-3 years. No dividends. No assets. No financial reporting. Who is holding it and who can pull the trigger at a moment and move the market. How much has been literally lost. Pain in the ass to transact in. There's nothing there and people are eating up the pumping right now.
So yeah. Greater fool. I don't like the criminal aspect to it either. It's not about drugs either. I don't think people understand human trafficking all that well. Crypto is perfect for that. It's sick.
Onvacation saysI think my biggest problem with bitcoin is that it is purely a speculative bet that depends on the greater fool, consumes vast amounts of energy, and has no benefit to noncriminal society.
Those are three problems.
Which one of those would you say is the biggest problem?
Greater fool in my opinion. It can destroy families. I've seen it during the last bull run. And so can stocks, but with stocks you at least have an idea what you're getting by investing. You or anyone cannot explain what you're getting from crypto and specifically BTC.
It's tradable for sure. It would be stupid to hold it like other stocks and investments though. 2018 until Nov. 2020, BTC was dead money. 2-3 years. No dividends. No assets. No financial reporting. Who is holding it and who can pull the trigger at a moment and move the market. How much has been literally lost. Pain in the ass to transact in. There's nothing there and people are eating up the pumping right now.
So yeah. Greater fool. I don't like the criminal aspect to it either. It's not about drugs either. I don't think people understand human trafficking all that well. Crypto is perfect for that. It's sick.
112
Onvacation
2021 Mar 6, 10:49am
Onvacation
2021 Mar 6, 10:49am
WookieMan says
Agreed. Bitcoin is a big Ponzi scheme. The only way to get money out is for someone else to put money in.
The fact that it is unsustainable and used by criminals are secondary problems.
B.A.C.A.H. saysOnvacation saysI think my biggest problem with bitcoin is that it is purely a speculative bet that depends on the greater fool, consumes vast amounts of energy, and has no benefit to noncriminal society.
Those are three problems.
Which one of those would you say is the biggest problem?
Greater fool in my opinion
Agreed. Bitcoin is a big Ponzi scheme. The only way to get money out is for someone else to put money in.
The fact that it is unsustainable and used by criminals are secondary problems.
113
richwicks
2021 Mar 6, 11:34am
richwicks
2021 Mar 6, 11:34am
G36 says
Do you understand the objection of a rentier society?
Be kind to your dogs. I put so much into mine that when they died, it just destroyed me in that area. Worst thing I've ever done was ending my dog's life. I was an absolutely incredible dog owner but I cannot go through that again. If you are a good dog owner, if you love them, you will experience the same crushing pain. Others may see it as ridiculous, but I'm having a great deal of difficulty from euthanizing them and they made it to 16, 2 years beyond their life expectancy.
It's easy to make money if you have no regard for anything but yourself. I consider this evil to do. I am seriously considering being evil.
Regardless, be good to your dogs. Man's best friend, we co-evolved for at least 30,000 years.
richwicks saysI understand how easy it is to make money doing nothing for society, do you feel guilty only making money doing nothing to improve society, or do you think you improve society in a way I cannot see?
Both. I wouldn't feel guilty. But if I get richer, I indirectly help society because with my profits I am able to buy more rentals and be a good/fair landlord. Also, Investing in Bitcoin helps society greatly: Banks used to have a monopoly. Now you can be your own bank.
I also like your dog story. We got a 2 year old doggy and I love improving his and my life by walking through the rolling hills in this beautiful SoCal weather.
Do you understand the objection of a rentier society?
Be kind to your dogs. I put so much into mine that when they died, it just destroyed me in that area. Worst thing I've ever done was ending my dog's life. I was an absolutely incredible dog owner but I cannot go through that again. If you are a good dog owner, if you love them, you will experience the same crushing pain. Others may see it as ridiculous, but I'm having a great deal of difficulty from euthanizing them and they made it to 16, 2 years beyond their life expectancy.
It's easy to make money if you have no regard for anything but yourself. I consider this evil to do. I am seriously considering being evil.
Regardless, be good to your dogs. Man's best friend, we co-evolved for at least 30,000 years.
114
B.A.C.A.H.
2021 Mar 6, 1:59pm
B.A.C.A.H.
2021 Mar 6, 1:59pm
richwicks says
I was very sad when I lost them. One of the best things I've ever done was ending their suffering. I was very sad, but had no difficulty making that decision. Their vets agreed with me. Loved them too much to make them suffer. I think they would do the same for me.
I put so much into mine that when they died, it just destroyed me in that area. Worst thing I've ever done was ending my dog's life.
I was very sad when I lost them. One of the best things I've ever done was ending their suffering. I was very sad, but had no difficulty making that decision. Their vets agreed with me. Loved them too much to make them suffer. I think they would do the same for me.
115
Bitcoin
2021 Mar 6, 2:31pm
Bitcoin
2021 Mar 6, 2:31pm
Nice thing about Bitcoin is that its decentralized. Not like banks. There are lots of advantages over gold and fiat.
No wonder institutions are pouring Fiat into Bitcoin to hold long term on their balance sheet. I do the same.
No wonder institutions are pouring Fiat into Bitcoin to hold long term on their balance sheet. I do the same.
116
Onvacation
2021 Mar 6, 3:01pm
Onvacation
2021 Mar 6, 3:01pm
So, according to the chart Bitcoin is not backed by a sovereign but is valued in fiat. Can you see a little problem there?
If you can give a cogent answer to the question above we can debate the rest of your fallacious chart.
I think I'll drive the sports car to the yacht. (Miata to the boat) and go sailing.
If you can give a cogent answer to the question above we can debate the rest of your fallacious chart.
I think I'll drive the sports car to the yacht. (Miata to the boat) and go sailing.
117
Bitcoin
2021 Mar 6, 3:42pm
Bitcoin
2021 Mar 6, 3:42pm
I think the best thing about Bitcoin is the scarcity. Unlike FIAT, you cant just print more Bitcoin. I believe that's the biggest reason why Tesla bought 1.5B worth of USD in Bitcoin :)
Thanks Tesla!
Thanks Tesla!
118
Blue
2021 Mar 6, 4:07pm
G36 says
What is this different from yours previous repostings. I am done reading your illogical posts.
I think the best thing about Bitcoin is the scarcity. Unlike FIAT, you cant just print more Bitcoin. I believe that's the biggest reason why Tesla bought 1.5B worth of USD in Bitcoin :)
Thanks Tesla!
What is this different from yours previous repostings. I am done reading your illogical posts.
119
just_passing_through
2021 Mar 6, 8:19pm
just_passing_through
2021 Mar 6, 8:19pm
China just 'went to war' against bitcorn miners on the 1st. This is going to shut down 65% of the worlds mining operation.
120
Bitcoin
2021 Mar 6, 8:54pm
Bitcoin
2021 Mar 6, 8:54pm
just_passing_through says
yawn...sooo old news....we hear this every year since 2016
China just 'went to war' against bitcorn miners on the 1st. This is going to shut down 65% of the worlds mining operation.
yawn...sooo old news....we hear this every year since 2016
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Just for some fun, I've decided to run a weekly price bar chart, with Fibonaccis on the whole thing ...
Here's the scoop, now that bigger institutes, along with the retail traders are into this speculation, there are actually trading zones for this thing because there are lots of players, not just the penny stock speculators.
So since last week's bearish candle engulfs the prior week's bullish one, we're on a retest of the price near the 0.618% Fibonacci retracement level. If that level holds, we have a bounce in place ... ready to go.
If it falls through that region w/ no intraweek support, then it falls to the next trading zone, and so on.
For this to be a bust, it needs to get back to the baseline.
I suspect that the big fish will issue a huge buyback in the 23K range, if not earlier (29K-35K). Sure, this thing may evaporate in the future if the concept of digital gold doesn't hold but between now and then, this is a trader's entity.