Started By
Message
locked post

Bitcoin buzz stays high --- even after bubble

Posted on 5/12/13 at 8:55 pm
Posted by gizmoflak
Member since May 2007
11659 posts
Posted on 5/12/13 at 8:55 pm
LINK
quote:

Bitcoin lost more than half its value last month but there’s more interest in the cyber-currency than ever. While Bitcoin stories used to be restricted to tech and science sites, they’re now a fixture of the financial press and even consumer news sites. Last week, for instance, brought a fresh spate of news that suggest more people are treating Bitcoin as a serious form of money rather than a science fiction experiment.
This post was edited on 5/13/13 at 10:55 am
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 5/12/13 at 9:04 pm to
dude, I go to Maui for a week and the btc haters double down on their stupity. there were some seriously dumb posts last week make by vols, poodle, Russian, and the rest of the gang
Posted by gizmoflak
Member since May 2007
11659 posts
Posted on 5/12/13 at 9:06 pm to
When wiki is away, the mice will play

Posted by gizmoflak
Member since May 2007
11659 posts
Posted on 5/12/13 at 9:08 pm to
BTW, I was drowning in haterade while you were gone. The best thread of all (Broke's) even got whacked


quote:

Let's have a vote on the success of bitcoin @ TigerDroppings.com
www.tigerdroppings.com/.../Lets-have-a-vote-on-the-success-of-bitcoin.asp...
4 days ago - 15 posts - 8 authors
Upvote if you think it's going to work. Downvote if you think it will fail. Simple as that. Let the voting begin.
This post was edited on 5/12/13 at 9:10 pm
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 5/12/13 at 9:11 pm to
quote:

When wiki is away, the mice will play


Philosoraptor question for you:

If bitcoin enabled my trip to Maui, did I not actually go to Maui since according to many posters here bitcoin isn't real???
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 5/12/13 at 9:14 pm to
quote:

their stupity

I can't make this up!
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69895 posts
Posted on 5/12/13 at 9:21 pm to
How did bitcoin enable your trip to Maui? No legitimate businesses accept bitcoin you strange turd.
Posted by gizmoflak
Member since May 2007
11659 posts
Posted on 5/12/13 at 9:26 pm to
quote:

I can't make this up!


You can't make up typos?



I don't get it.
Posted by StrangeBrew
Salvation Army-Thanks Obama
Member since May 2009
18183 posts
Posted on 5/12/13 at 11:01 pm to
quote:

If bitcoin enabled my trip to Maui, did I not actually go to Maui since according to many posters here bitcoin isn't real???


Under your assumption, bitcoin itself did not enable your trip. Your ability to not be the last one holding the beanie baby did.
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
14160 posts
Posted on 5/12/13 at 11:08 pm to
Bitcoin is a collectible. It has no intrinsic value. Today somebody may pay you $100....tomorrow you won't be able to give them away. You might as well be trading stamps.

Trade away and good luck! Just get the hell out asap when the dam starts to break.
Posted by joshnorris14
Florida
Member since Jan 2009
45195 posts
Posted on 5/12/13 at 11:17 pm to
quote:

It has no intrinsic value


Yes! This critique has made a comeback
Posted by Walking the Earth
Member since Feb 2013
17260 posts
Posted on 5/12/13 at 11:49 pm to
quote:

Philosoraptor question for you:

If bitcoin enabled my trip to Maui, did I not actually go to Maui since according to many posters here bitcoin isn't real???



If your airlines, hotelier and any restaurants accepted bitcoin as their method of payment, I'll have to concede that, yes, that is indeed a game changer.

Otherwise, it's more accurate to say that your speculation in bitcoin allowed you to cash out enough dollars to fund your trip.

So, ironically, you're not much of a believer right now, either. Otherwise, you wouldn't be so cavalier about parting with your coins.
Posted by joshnorris14
Florida
Member since Jan 2009
45195 posts
Posted on 5/12/13 at 11:51 pm to
False dichotomy.
Posted by Walking the Earth
Member since Feb 2013
17260 posts
Posted on 5/12/13 at 11:54 pm to
Not really. Bitcoin is a speculative investment, not a currency despite the fact that some (mostly gray) operations accept as a currency.

He didn't pay for his trip with bitcoin. He paid for it with dollars.
Posted by joshnorris14
Florida
Member since Jan 2009
45195 posts
Posted on 5/13/13 at 12:13 am to
quote:

He didn't pay for his trip with bitcoin. He paid for it with dollars.


How do you know?

Like I said, what you posted was a false dichotomy. He could've used a proxy service.
Posted by Walking the Earth
Member since Feb 2013
17260 posts
Posted on 5/13/13 at 12:36 am to
If you think his airline or hotel got paid in bitcoins, there's really no reason to continue this.

He traded his bitcoins (somehow, someway) into dollars and that's what all of these people were paid.

The Hyatt didn't get 4.2 bitcoins credited to their account. Simple. The End.

And, please keep in mind, that I even concede that at some point in the future (after surmounting a ton of hurdles) that bitcoin or some other alternate currency could possibly even go (relatively) mainstream. But this borderline evangelical insistence that you have that it's the case right now is just flat out wrong.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 5/13/13 at 7:30 am to
quote:

False dichotomy.
Wrong.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69895 posts
Posted on 5/13/13 at 7:49 am to
quote:

False dichotomy. 


False.



Think before you click "Submit".
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69895 posts
Posted on 5/13/13 at 7:54 am to
quote:

Like I said, what you posted was a false dichotomy. He could've used a proxy service. 



Which means he didn't pay in bitcoin. And I'm pretty sure I already destroyed the validity of your proxy services.
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 5/13/13 at 8:07 am to
quote:

If bitcoin enabled my trip to Maui, did I not actually go to Maui since according to many posters here bitcoin isn't real???
Explain how Bitcoin enabled your trip to Maui. I'd be willing to bet there were some Dutch people who were enabled to make substantial purchases by tulips. How are you any different than them?
Page 1 2 3 4 5 6
Jump to page
first pageprev pagePage 1 of 6Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram