Bitcoin <$175 this morning. All you bitcoin believers still comfy about it?
- Thread starter Scataphagos
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So are you saying the block chain has no use and is idiotic and was devised as a Japanese manga game/?
giving a commercial value to a blockchain based on use doesn't give fundamental value to a currency
calculating complex chksum by summing blockchains to strengthen a whole string of bits is an interesting idea in crypto, but has very few practical applications, and a currency is definitely not one of them, unless it's used as a distraction for some kind of scam.
calculating complex chksum by summing blockchains to strengthen a whole string of bits is an interesting idea in crypto, but has very few practical applications, and a currency is definitely not one of them, unless it's used as a distraction for some kind of scam.
...if future applications became widely popular, it would seem that many people would keep some amount on hand.
...so you think the block chain has few "practical applications." what is your opinion of Karpeles? is he the manga lunatic/ Satoshi?
Your posts tells it all to clear: you haven't understand anything of what a distributed-Ledger means, not one single bit !
A Ledger is extremely valuable and you use it every day: to register your possessions (house, car, land, marriage, bank-account, broker, money-transfers, etc...). For the Service to secure your possessions you pay a huge amount (to notaries, banks, governments, money-transmitters, clearing-houses, etc...). A Distributed-Ledger will eliminate the need for such "third party services" completely: that's real Value and a real business case!
The currency, which comes INSEPARABLY with this distributed-ledger, can and will have its own use cases. But as you're too ignorant to understand what a Ledger is, and you only post in this thread to troll and cry scam, I will not help you any further...
I love it when "inarticulate" amateurs tell you you are ignorant when they have no clue themselves of what they are talking about,
I suspect you have no formal education in economics or finance, or even High School for that matter, and fail to understand the fundamental principles of a currency
a currency is not a registar of any kind, and that little tirade above is a prime example of the kind of people Bitcoins attracts. Losers and retards who will cry in their beers when they realize they have been had. Almost as funny as the subprime promoters before the financial crisis. Everytime someone was pointing and discussing the hidden "risks" of the subprime instruments, they were being told they were too "ignorant" to know and couldn't get it. And here we are, 7 years later.
Something never change, people are dumb and keep falling for the same scams over and over again.
I suspect you have no formal education in economics or finance, or even High School for that matter, and fail to understand the fundamental principles of a currency
a currency is not a registar of any kind, and that little tirade above is a prime example of the kind of people Bitcoins attracts. Losers and retards who will cry in their beers when they realize they have been had. Almost as funny as the subprime promoters before the financial crisis. Everytime someone was pointing and discussing the hidden "risks" of the subprime instruments, they were being told they were too "ignorant" to know and couldn't get it. And here we are, 7 years later.
Something never change, people are dumb and keep falling for the same scams over and over again.
Pffff.... if you have such a high level of education (which is very doubtful, ready your posts), then you haven't paid attention when Money was taught.
Yes, mister: Money is a register! It's a register of IOU.
And if you are so against frauds and scams, then my advice: stay away from any currency especially the $
Yes, mister: Money is a register! It's a register of IOU.
And if you are so against frauds and scams, then my advice: stay away from any currency especially the $
I'm a well educated Dutch resident (born and raised) and owner of a Trading/Software company. We don't trade Bitcoins at all (but personally own some, and will hold until 2020).
And you made a fool of yourself again. (of course my real name isn't Hoi)
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