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Bitcoins? “Hahahaha. ROTFL.”

Posted on 4/24/13 at 10:36 pm
Posted by gizmoflak
Member since May 2007
11659 posts
Posted on 4/24/13 at 10:36 pm
quote:


Eighty-seven percent of the nation’s top economists think that the digital currency, Bitcoin, has “limited usefulness.” Given the growing popularity of the enigmatic currency, the University of Chicago conducted its famous Initiative on Global Markets (IGM) poll of 38 of the world’s top economists, to see how experts felt about its longterm future. By far the best response came from the former Chairman of the President’s Council of Economic Advisers, Austan Goolsbee (a.k.a. LSURussian), who simply wrote, “Hahahaha. ROTFL.”


LINK /
Posted by gizmoflak
Member since May 2007
11659 posts
Posted on 4/24/13 at 10:41 pm to
quote:

people are investing their own money in Bitcoin. Question is, do you want to bet against 87 percent of top economists?




:omg:
Posted by joshnorris14
Florida
Member since Jan 2009
45195 posts
Posted on 4/24/13 at 10:42 pm to
Economists don't even correctly use internet acronyms.

It's "ROFL" not "ROTFL"

/Discredited.
Posted by gizmoflak
Member since May 2007
11659 posts
Posted on 4/24/13 at 10:43 pm to
quote:

it’s worth noting that economists occasionally have difficulty predicting events


Posted by gizmoflak
Member since May 2007
11659 posts
Posted on 4/24/13 at 10:46 pm to
quote:

It's "ROFL" not "ROTFL"



Link?
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 4/24/13 at 11:32 pm to
Posted by joshnorris14
Florida
Member since Jan 2009
45195 posts
Posted on 4/25/13 at 12:46 am to
Your link proves my point, jackass.

From the first Google hit.

LINK

An incorrect spelling of rofl. Generally employed by individuals who are not well acquainted with chatspeak, but are trying their best to fit in.
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 4/25/13 at 12:58 am to
From the same Google hit that you linked...
quote:

An older form of ROFL that people now assume to be a new, clueless form. ROTF is documented from 1990{1}; ROTFL from 1991{2}.
{1}: <LINK ;
{2}: <LINK ;
And this definition even comes with footnotes to support it. Maybe you should just quit when you are behind.
Posted by joshnorris14
Florida
Member since Jan 2009
45195 posts
Posted on 4/25/13 at 1:07 am to
quote:

And this definition even comes with footnotes to support it. Maybe you should just quit when you are behind.





You guys are so easy.

It's god damn Urban Dictionary. Footnotes?


Jesus Christ.
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 4/25/13 at 2:00 am to
quote:

You guys are so easy. It's god damn Urban Dictionary. Footnotes?
I tend to trust any assertion that is referenced more than unreferenced assertions. The footnotes are the sources Urban Dictionary used to validate the definition. You are the one who introduced Urban Dictionary as an authority. Now you want to ridicule your own authority when I used it to provide an alternative definition with references to validate my alternative.

Once again you show your willingness to avoid even simple research when making your idiotic statements. Your laziness makes impeaching your assertions pretty easy.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69895 posts
Posted on 4/25/13 at 4:45 am to
This actually makes me kind of want to buy bitcoins
Posted by the LSUSaint
Member since Nov 2009
15444 posts
Posted on 4/25/13 at 6:40 am to
quote:

Once again you show your willingness to avoid even simple research when making your idiotic statements. Your laziness makes impeaching your assertions pretty easy.




ROTFLMAO
Posted by C
Houston
Member since Dec 2007
27816 posts
Posted on 4/25/13 at 7:17 am to
Didn't weird Al's song use rotfl?
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/25/13 at 7:20 am to
quote:

Your link proves my point, jackass.


ROTFL !!!!

ETA: Aren't you the same person who once started a thread saying the "Fed bought 108%" of the Treasury debt at a recent debt auction? And when I asked you how is it possible to buy more than 100% of anything, you ran away and hid?
This post was edited on 4/25/13 at 7:55 am
Posted by ZereauxSum
Lot 23E
Member since Nov 2008
10176 posts
Posted on 4/25/13 at 8:16 am to
quote:

Eighty-seven percent of the nation’s top economists think that the digital currency, Bitcoin, has “limited usefulness.”


Well, in fairness, economist tend to be amoral and at least try to be apolitical. "Limited Usefulness" could mean, "It is a functional safe haven for tax dodgers and criminals".
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 4/25/13 at 8:26 am to
In the link you use... 5 definitions support my claim... While only 2 support yours?

But I guess someone who uses bitcoins may truly believe that 5 < 2
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5593 posts
Posted on 4/25/13 at 8:33 am to
quote:

"Fed bought 108%" of the Treasury debt at a recent debt auction? And when I asked you how is it possible to buy more than 100% of anything, you ran away and hid?

I haven't read enough of josh's posts to have any opinion about him, but I really hope people understand the Fed does not take part in the Treasury auctions.

I'm probably expecting too much.
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 4/25/13 at 8:33 am to
are y'all seriously arguing over the origins of an acronym about laughing???
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/25/13 at 8:37 am to
You fellow bitcoinista initiated the acronym debate.
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5593 posts
Posted on 4/25/13 at 8:42 am to
Are you seriously not going to respond to the other thread?

ETA: Nevermind, you just responded.
This post was edited on 4/25/13 at 8:44 am
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