Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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There's a time for everything. While Bitcoin is doing the thing called price discovery any attempt to compare it to cash in terms of velocity and ease of exchange is positively retarded and shows an absolute lack of economic aptitude.
"buttt bbbbbuttt buttt Satoshi told me I could send it all over the world NOW"
Oh well.. if spending bitcoins makes you "warm and fuzzy" inside go right ahead...
There's a time for everything. While Bitcoin is doing the thing called price discovery any attempt to compare it to cash in terms of velocity and ease of exchange is positively retarded and shows an absolute lack of economic aptitude.
"buttt bbbbbuttt buttt Satoshi told me I could send it all over the world NOW"
Oh well.. if spending bitcoins makes you "warm and fuzzy" inside go right ahead...
I agree. For now, Bitcoin is useless as money. As are Beanie Babies. OTOH, both could be used as "stores of value."
When pitching BTC to the neighbor you've trapped in the elevator, make sure not to bring up the fact that Bitcoins have lost 2/3rds of the value they were storing over the last 2 years, while Beanies did not.
Original Bitcoin collectors are enjoying tremendous returns
Didn't you get humiliated enough by oda.krell last time you recycled this trolling point? Or did you miss the part where I mention "price discovery"?
So, realistically, you had about 1 year of time to buy at a "loss" compared to current prices, between Nov. 2013 and Nov. 2014. Buying at any other time means you're not in the red, and, in fact, made a profit (on paper, assuming you're long)
Jesus Lambie, you've really become a weak, washed-up version of yourself
"Looking like Larry Holmes, flabby and sick"