Should You Buy Bitcoin Right Now? Don’t Be Stupid

Pekelo said:
The Pain to Exit ratio, what else? That was really high around the time of Mt. Gox. Before I drive you completely crazy, let me quote from the ET Wiki*:

"Pekelo... he often gets bored and likes to amuse himself pretending to be dumber than he is. He is pretty dull alright, but likes to pretend to be dumbER..."

*before you look, no such a thing
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Got it. Thanks for the clarification :)
 
just21 said:
There will only ever be 21 million bitcoin. It is deflationary unlike fiat money, the supply of which is endless or inflationary. Some crypto currencies are inflationary. Check before investing.
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All the above and it can still be broken further down, all the way down to a 'satoshi' ...1 satoshi = 0.00000001 bitcoin. Can I get change for that bitcoin por favor.
 
vanzandt said:
According to the Boston Fed.... only 35% of people pay them down.
http://time.com/money/4213757/average-american-credit-card-debt/

So.... not only are you wrong paying for a $4 cup of Starbucks with your phone like you're cool...anxiously awaiting your $.08 back at the end of the month... but it appears your figures are wrong too. The above chart means nothing. How many households don't have a credit card? You gotta dig deeper son. Use your brain.
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Tell you what...I'll go around using my phone to look cool which contributes to others wanting to buy phones to look cool which is what makes our modern economy work, while you sit at home stuffing cash under the mattress in your 1 bedroom apartment waiting for the end of modern civilization like a good conspiracy theorist and only living a bare minimum lifestyle. I promise you will absolutely succeed in not looking cool. :cool:
 
peilthetraveler said:
Tell you what...I'll go around using my phone to look cool which contributes to others wanting to buy phones to look cool which is what makes our modern economy work, while you sit at home stuffing cash under the mattress in your 1 bedroom apartment waiting for the end of modern civilization like a good conspiracy theorist and only living a bare minimum lifestyle. I promise you will absolutely succeed in not looking cool. :cool:
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Hahahahah.
If you say so brother.
 
Oh boy... Why crypto fanboy are so unimaginative?

sle said:
Yeah and they have been trying to outlaw file sharing for how long now? This is from the same universe...
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Do you pay with files to retailers? All they have to do is make it illegal to accept any crypto for retailers and then you can buy alpaca socks from Peru or Russian political influence from Moscow, but not much else... Ask yourself, what kind of currency is that is not accepted in the Western world? (because the EU will follow the US)

But hey, your string of letters and numbers will be a nice collector's item!
 
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