Quote from: cyclotronmajesty on September 01, 2015, 02:51:49 AM

Quote from: JayJuanGee on August 31, 2015, 09:00:17 PM

Quote from: cyclotronmajesty on August 31, 2015, 07:16:20 PM

Quote from: JayJuanGee on August 31, 2015, 06:20:50 PM

You are ridiculous and coming off as a bit trollish or at least disingenuous.

You make a whole bunch of unsubstantiated generalizations regarding Bitcoin in general and it's possible future market performance, in part seeming to be based on your bad investment luck and what appears to be considerable deficiencies in your outlook and expectations

How else do you measure an investment? Would you invest more money into something that has cost you money? Maybe i'm simple minded. But if it's supposed to make you money, and instead it burns all of it up. Maybe just maybe it's not a good investment.

But I've been waiting for this thing since the idea of paypal came out. I didn't really know of it until 2014.
The idea of replacing the banks entirely appeals to me. That is the reason I like it. Trading isn't necessary if you want to use bitcoin. But then again the world prefers credit cards and that requires an institution all over again, taking a fee on every time you spend your money.

You can measure an investment through a variety of perspectives and indicators, and in the end each of us has to choose for himself/herself regarding what to measure and whether we recognize value in making an investment, in part based on whether we perceive potential benefits outweighing potential risks.

Merely because you have lost money in a particular investment over the past about 18 months does not necessarily lead to the conclusion that the asset itself is bad or that it will continue from here on to go down in market price. Also, markwt price is also not necessarily a measure of value, except for at that particular point in time reflecting how much that people are willing to pay for it.

Yes, you do come off as either simple minded or else someone who is trolling.

Surely, there are a lot of potential use cases for Bitcoin, and your attempt to summarize them while making broad comparisons and contrasts barely scratches the surface of various ways in which Bitcoin can be used and currently some of such uses have been implemented (while evolving) and other uses will quite likely be further developed in the future.

Hm... I simply have no need for a investment that is loosing me money. In that case it's a bad investment. But can't help but miss the productive use of time or forum space in your reply on this topic. Name calling, and egotistical aggression simply escapes me as a valuable commodity.

I think the notion is pretty simple, have you been making money? Then it's good. Have you been loosing money. Then stop investing in it. You wanna overcomplicate things beyond that... and call me names, I can't help but pity you.

You seem much too sensitive, if you are understanding my prior response posts to be a name calling rants.

In my earlier posts, I seem to be for the large part responding substantively to various points that you were making, and characterizing them as inadequate in a variety of respects, and to agree with you that your thinking seems to be much too simplistic if you believe that the main factors in determining direction of a market is its most recent price direction (even though sometimes you are going to be correct when you guess in that regard nonetheless, that analysis seems to miss a lot of nuances and a variety of factors that I referred to in my previous responses to you).