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For all those who opposed WikiTiger and Bitcoin

Posted on 12/12/17 at 5:22 pm
Posted by PurpleNGoldFan
Member since Sep 2012
1514 posts
Posted on 12/12/17 at 5:22 pm
He was right when everyone was against him. But he was right when no one was buying. That's the big one. To be in a room when you're saying REVOLUTION and everyone thinks you're CRAZY, you're generally crazy. Except he adopted the revolution when no one knew about it and everyone thought it was stupid.

The day will come when owning 1 BTC is the only fact you could tell someone and they'll equate it to being upper class money.

Wherever you are, cheers to hope. Hope you were hodling at least a little through all these times.

Posted by KosmoCramer
Member since Dec 2007
76550 posts
Posted on 12/12/17 at 5:23 pm to
How low was it when he was pushing it?
Posted by BigPerm30
Member since Aug 2011
26010 posts
Posted on 12/12/17 at 5:26 pm to
He’s got to be dead. As much shite as he took. I’d be peacocking around this place telling all the poors to suck my wang.
Posted by X123F45
Member since Apr 2015
27479 posts
Posted on 12/12/17 at 5:27 pm to
I bought and used it back when it was 20 bucks.

It never occurred to 20 year old me it could be worth something.

....one boom purchase was worth a little over 3.5 million these days.
Posted by Breesus
House of the Rising Sun
Member since Jan 2010
66982 posts
Posted on 12/12/17 at 5:29 pm to
This bubble is going to burst in extraordinary fashion.
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66471 posts
Posted on 12/12/17 at 5:31 pm to
Well a currency where each coin is 17k isn't really a currency. It's an investment. It's a bubble. We'll see where it goes. Bitcoin may be around, but my guess is another crypto currency will ultimately beat out Bitcoin.
This post was edited on 12/12/17 at 5:42 pm
Posted by 9001
Pools closed
Member since Jul 2017
2087 posts
Posted on 12/12/17 at 5:33 pm to
No matter how much you hard leg Wiki, I doubt he'd make you his Sugar [Insert Proper Gender Queer Pronoun].
This post was edited on 12/12/17 at 5:34 pm
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 12/12/17 at 5:34 pm to
I didn't oppose Wiki so much as I thought (and still do) that BTC is mostly useful for people who want to store assets outside their nation's banking system for whatever reason.

I did not agree with his pie in the sky ideas that it would replace national currencies all across the world. That still hasn't happened, nor do I see it replacing traditional "strong" currencies anytime soon like the dollar or euro.

The BTC-USD exchange rate had nothing to do with it.
Posted by PrivatePublic
Member since Nov 2012
17848 posts
Posted on 12/12/17 at 5:42 pm to
From what I can tell the only thing driving this ridiculous crypto bubble is scarcity. The system is designed so that only 21 million coins total are available. If the system generated coins indefinitely nobody would give a shite because you could just set up a farm and get unlimited coins over time. Wouldn't be worth shite.

However, the rise of other cryptocurrencies is going to put the scarcity of bitcoin out of business.

I see this bubble bursting HARD within about 3 months.

Sell now.
Posted by keakar
Member since Jan 2017
30118 posts
Posted on 12/12/17 at 6:10 pm to
stock in enron used to be a status symbol as well

all fake currencies eventually go to be worth nothing but just like penny stocks, you can make bank as long as you cash out before the train wreck that nobody knows if that is 1 minute or 5 years away
Posted by Jim Smith
Member since May 2016
2915 posts
Posted on 12/12/17 at 6:12 pm to
Bitcoin is trashy
Posted by starsandstripes
Georgia
Member since Nov 2017
11897 posts
Posted on 12/12/17 at 6:13 pm to
quote:

He was right when everyone was against him. But he was right when no one was buying. That's the big one. To be in a room when you're saying REVOLUTION and everyone thinks you're CRAZY, you're generally crazy. Except he adopted the revolution when no one knew about it and everyone thought it was stupid.

The day will come when owning 1 BTC is the only fact you could tell someone and they'll equate it to being upper class money.

Wherever you are, cheers to hope. Hope you were hodling at least a little through all these times.


you crazy
Posted by Revelator
Member since Nov 2008
58173 posts
Posted on 12/12/17 at 6:17 pm to
Bircoin is the Mark of the Beast bro!
Posted by Jim Rockford
Member since May 2011
98321 posts
Posted on 12/12/17 at 6:35 pm to
Bitcoin is trashy.
Posted by DVinBR
Member since Jan 2013
13028 posts
Posted on 12/12/17 at 6:45 pm to
High arse transaction fees are going to destroy bitcoin as a “currency”
This post was edited on 12/12/17 at 6:46 pm
Posted by DVinBR
Member since Jan 2013
13028 posts
Posted on 12/12/17 at 6:49 pm to
all it would take is a couple of large scale miners to say "frick it" to crash bitcoin
Posted by CaptainBrannigan
Good Ole Rocky Top Tennessee
Member since Jan 2010
21644 posts
Posted on 12/12/17 at 6:52 pm to
Eventually the bubble will burst, they always do.
Posted by DVinBR
Member since Jan 2013
13028 posts
Posted on 12/12/17 at 6:54 pm to
i mean the only ones that are pumping the shite out of it are the ones invested in it
Posted by SamuelClemens
Earth
Member since Feb 2015
11727 posts
Posted on 12/12/17 at 6:56 pm to
There are 3 gas stations right near my office that have bitcoin atms next to regular atms. Must be a lot of bit coin owners around this part of atlanta
Posted by DVinBR
Member since Jan 2013
13028 posts
Posted on 12/12/17 at 7:06 pm to
there will be a tipping point, where it happens i don't know

the total market cap of bitcoin far exceeds the cost of all goods and services that can be purchased with it
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