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  1. #511
    Socratus O' Pericles Socratus O' Pericles is offline
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    You can buy pizza on Marvin.ie for bitcoin, if you have 'em!
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  2. #512
    EUrJokingMeRight EUrJokingMeRight is offline
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    Quote Originally Posted by Trainwreck View Post
    Here is one I picked up this weekend:

    The biggest Tulips of all are the ones spouting from the sidelines saying 'dont touch, it's a bubble, it's a bubble'.

    It was a bubble at $10, it was a bubble at $20, it was DEFINITELY a bubble at $80, scratch that it was a bubble at $100, ok maybe not, it was a bubble at $200....no, $300 for SURE tis an EPIC langer of a bubble, Tulip mania was less of a bubble when it hit $400....no, let's try again...right for absolutely certain sh1tcoin is a bubble at $500, Bitcoin at $600? You're going to get REKT in the crash! Wait, what, bitcoin hits $1,000 Double bubble trouble ahead, PONZI central...then $2,000, then $3,000, then $4,000 and right now we're closer to $5,000 than $4,000.

    Bitcoin IS in a bubble.

    Any idiot can see that.

    But the brave, smart, stupid or whatever are fine with that.
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  3. #513
    Trainwreck Trainwreck is offline

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    Quote Originally Posted by EUrJokingMeRight View Post
    The biggest Tulips of all are the ones spouting from the sidelines saying 'dont touch, it's a bubble, it's a bubble'.

    It was a bubble at $10, it was a bubble at $20, it was DEFINITELY a bubble at $80, scratch that it was a bubble at $100, ok maybe not, it was a bubble at $200....no, $300 for SURE tis an EPIC langer of a bubble, Tulip mania was less of a bubble when it hit $400....no, let's try again...right for absolutely certain sh1tcoin is a bubble at $500, Bitcoin at $600? You're going to get REKT in the crash! Wait, what, bitcoin hits $1,000 Double bubble trouble ahead, PONZI central...then $2,000, then $3,000, then $4,000 and right now we're closer to $5,000 than $4,000.

    Bitcoin IS in a bubble.

    Any idiot can see that.

    But the brave, smart, stupid or whatever are fine with that.
    We have another Ballsy O'Testicles here folks.
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  4. #514
    EUrJokingMeRight EUrJokingMeRight is offline
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    As I stated on this thread, I topped up even more when it hit $3,000. I'm certain many of the moneymen on this thread thought I was nuts.

    That particular 'investment' is up 50%, just saying.

    The number of available bitcoins is finite.
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  5. #515
    Jim Car Jim Car is offline

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    Quote Originally Posted by EUrJokingMeRight View Post
    The biggest Tulips of all are the ones spouting from the sidelines saying 'dont touch, it's a bubble, it's a bubble'.

    It was a bubble at $10, it was a bubble at $20, it was DEFINITELY a bubble at $80, scratch that it was a bubble at $100, ok maybe not, it was a bubble at $200....no, $300 for SURE tis an EPIC langer of a bubble, Tulip mania was less of a bubble when it hit $400....no, let's try again...right for absolutely certain sh1tcoin is a bubble at $500, Bitcoin at $600? You're going to get REKT in the crash! Wait, what, bitcoin hits $1,000 Double bubble trouble ahead, PONZI central...then $2,000, then $3,000, then $4,000 and right now we're closer to $5,000 than $4,000.

    Bitcoin IS in a bubble.

    Any idiot can see that.

    But the brave, smart, stupid or whatever are fine with that.
    Might be but if you know what your doing a bubble is a great way to make money. On the up and on the down.
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  6. #516
    Trainwreck Trainwreck is offline

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    Quote Originally Posted by EUrJokingMeRight View Post
    As I stated on this thread, I topped up even more when it hit $3,000. I'm certain many of the moneymen on this thread thought I was nuts.

    That particular 'investment' is up 50%, just saying.

    The number of available bitcoins is finite.

    What winning philosophy...

    Best of luck, but you seem to lack the one quality that will win in this market. The willingness to get out first and early.
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  7. #517
    ShinnerBot No.32564844524 ShinnerBot No.32564844524 is offline
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    Quote Originally Posted by Trainwreck View Post
    We have another Ballsy O'Testicles here folks.
    No fear of Irish conservative reactionaries embracing this new tech anytime soon, it's landed property all the way for this nation.

    Unless there were a way of binding up folios and property transactions in to an never ending chain where the record is sacrosanct and cannot be corrupted in anyway....oh wait...but then the lawyers would wailing and gnashing.

    Gotta love this country, wants to be the California of Europe, wants to be the Silicon Republic, wants to be the driver of Innovation and Technology in Europe....but can't because technology is far too disruptive to the established order(One that not even an IMF MOU could deal with )! Careful now! Down with this sort of thing!

    FFS!

    Easily explains why all of Ireland's best Tech entrepreneurs live in other countries.
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  8. #518
    EUrJokingMeRight EUrJokingMeRight is offline
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    Quote Originally Posted by Trainwreck View Post
    We have another Ballsy O'Testicles here folks.
    Hardly.

    What do you base your opinions on? I'm interested.

    So you equate BTC to tulips, fair enough.

    If you think this is a bubble now, you 'aint seen nothing yet'.

    Economic cycles are a given and almost guaranteed phenomenon. Ditto property, but the long term trend is up. Same amount of land, increased population, the need for more houses...makes sense at a basic level. The boom bust nature of economic cycles make clever property purchasing a relatively simple matter in theory but easier said than done....you just need patience and access to cash/credit.

    Same with bitcoin...there is only so much bitcoin real estate available. If you dont want it, somebody else will want it. If you also want it then the highest bidder gets it.

    All 'bubbles' work in the same way. demand outstrips supply.

    Pretty simple.
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  9. #519
    Socratus O' Pericles Socratus O' Pericles is offline
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    Quote Originally Posted by Dan Shanahan View Post
    Can you not trade in your gold at a registered gold dealer or the assay office in Dublin?


    btw, Bitcoin will probably crash down to a permanent worthlessness well before it reaches 10k. There's nothing physical backing it up, just some electronic lines of code, completely fiat and no government can control it. It's a gimmick for computer nerds. Why would any moron throw good money at that?
    All currencies are fiat?
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  10. #520
    EUrJokingMeRight EUrJokingMeRight is offline
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    Quote Originally Posted by Trainwreck View Post
    What winning philosophy...

    Best of luck, but you seem to lack the one quality that will win in this market. The willingness to get out first and early.
    ok!
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