Here, let me lay out the "analysis" in question for you:
1) The economy is like martial arts! Right? Right? Guys? 2) Let's assume Forbes invested a bunch of money in bitcoins. 3) Forbes is trying to use reverse psychology to get you to invest in bitcoins! 4) Therefore, Forbes thinks bitcoins are moneymoneymoney!
How is that not for or against bitcoin? The conspiracy theory laid out in the OP is the sort of self-dellusional thing hardcore bit coiners come up with all the time. "It's not a bubble!" *pop* "Okay, but this time, it's really not a bubble!" *pop* "Okay, but next time, it REALLY WON'T BE A BUBBLE!" It's like they're missing whatever part of the brain results in cognitive dissonance.
I don't need to prove him wrong. It's like someone claiming that breathing the atmosphere will make your lungs turn inside out and cause your feet to explode. It's so clearly inane that the only thing to do is say, "That's bullshit," and call it a day.
That is some seriously inane bullshit there. I realize that in your fantasy world bitcoin is going to be a huge success and all that money you sunk into this at best zero-sum game/ponzi scheme is going to be worth millions, but back here in reality, we're all laughing at your antics. Look at me go: ha.
Of course I meant "worth" as in "current cash-out value." The OP was suggesting mining only when the cash-out value is high enough, but that could only even possibly work if they cash out IMMEDIATELY upon getting any amount of coin. Otherwise, they risk holding on to their funbux based on the assumption that they can cash them out at X amount, and then X suddenly drops well below their "we shouldn't have been mining" threshold, which is incidentally calculated in USD because that's what the power company et al. takes, having no interest whatsoever in a highly volatile, deflationary currency.
Bitcoin is, quite literally, a ponzi scheme. The only way to win is not to play.
Until the imminent pop, at which point all those bitcoins you were hanging on to because they were going up uP UP! are now worth squat, and there's still a giant power bill to pay.
No, you flat out dismissed it simply because it hasn't happened yet. If people flat out dismissed interesting new developments--as you did, in your own words--just because they were in the very earliest stages, then the Apollo missions never would have happened because they were as insignificant as an extra speck of dust on your desk.
Getting things like this done requires people getting excited about it before it happens.
Interestingly, Coulton made some changes to the lyrics of the song itself, and those changes were used in the show. For instance, the line "Johnny C is in trouble" is in the Glee "rendition."
The great thing is that, at least in some states (AK for instance) by refusing to allow the officer to search your car, you're giving him reason to impound it as evidence so it can be searched at their leisure and without your presence. Fun, eh?
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The payout is from a PORTION of the interest on the permanent fund. So, the fund continues to grow, and Alaskans get a portion of that growth.
Yes, but since there will be no drivers, we could just drug passengers into unconsciousness for the duration of their trip! RETHINK THE PLATFORM, MAN!
Someone didn't watch the documentary Apollo 18.
Also, it was the Russians.
Time for a car analogy!
Person owns a car.
Car is used to run over and kill multiple pedestrians.
You buy said car.
YOU WERE RUNNING OVER AND KILLING MULTIPLE PEDESTRIANS!
See how ridiculous that makes you sound? :)
Here, let me lay out the "analysis" in question for you:
1) The economy is like martial arts! Right? Right? Guys?
2) Let's assume Forbes invested a bunch of money in bitcoins.
3) Forbes is trying to use reverse psychology to get you to invest in bitcoins!
4) Therefore, Forbes thinks bitcoins are moneymoneymoney!
How is that not for or against bitcoin? The conspiracy theory laid out in the OP is the sort of self-dellusional thing hardcore bit coiners come up with all the time. "It's not a bubble!" *pop* "Okay, but this time, it's really not a bubble!" *pop* "Okay, but next time, it REALLY WON'T BE A BUBBLE!" It's like they're missing whatever part of the brain results in cognitive dissonance.
I don't need to prove him wrong. It's like someone claiming that breathing the atmosphere will make your lungs turn inside out and cause your feet to explode. It's so clearly inane that the only thing to do is say, "That's bullshit," and call it a day.
That is some seriously inane bullshit there. I realize that in your fantasy world bitcoin is going to be a huge success and all that money you sunk into this at best zero-sum game/ponzi scheme is going to be worth millions, but back here in reality, we're all laughing at your antics. Look at me go: ha.
Of course I meant "worth" as in "current cash-out value." The OP was suggesting mining only when the cash-out value is high enough, but that could only even possibly work if they cash out IMMEDIATELY upon getting any amount of coin. Otherwise, they risk holding on to their funbux based on the assumption that they can cash them out at X amount, and then X suddenly drops well below their "we shouldn't have been mining" threshold, which is incidentally calculated in USD because that's what the power company et al. takes, having no interest whatsoever in a highly volatile, deflationary currency.
Bitcoin is, quite literally, a ponzi scheme. The only way to win is not to play.
Or you could instead use your powers for good and destroy the entire thing.
Bitcoins are currently trading around $75.
Until the imminent pop, at which point all those bitcoins you were hanging on to because they were going up uP UP! are now worth squat, and there's still a giant power bill to pay.
See now, that's actually MORE plausible.
We don't need fiat USD. We can purchase the ever growing number of products&services with BTC without the use of USD
Haha, yes, I've seen the videos. "Watch me buy gas with bitcoins!" *transfers bitcoins to friend, waits 20 minutes, friend buys gas with USD*
Way to intentionally mis-read an analogy regardless of the obvious context, I guess? Where should we send your award?
You don't triage a patient who's bleeding out by stopping the heart just because you can't keep up with the blood loss.
I don't even know what that means! We need laws outlawing this sort of thing, NOW.
Apparently I'm all out of mod points, but you deserve 'em anyhow.
No, you flat out dismissed it simply because it hasn't happened yet. If people flat out dismissed interesting new developments--as you did, in your own words--just because they were in the very earliest stages, then the Apollo missions never would have happened because they were as insignificant as an extra speck of dust on your desk.
Getting things like this done requires people getting excited about it before it happens.
You're right, we shouldn't give a shit about anything until it's already said and done.
Interestingly, Coulton made some changes to the lyrics of the song itself, and those changes were used in the show. For instance, the line "Johnny C is in trouble" is in the Glee "rendition."
The great thing is that, at least in some states (AK for instance) by refusing to allow the officer to search your car, you're giving him reason to impound it as evidence so it can be searched at their leisure and without your presence. Fun, eh?
Also, submitter apparently doesn't have a shoulder to pinch the phone to his ear with.
Ahh you missed it. Near.
Let it be known that I was actually moderated "-1 Redundant" on this. The irony is palpable.
1) 12
2) A dozen
It was written that way to catch people who only read half the summary. It's simple math: 2 * 50% = 100%! Foolproof.