Quote from: Lesbian Cow on March 02, 2017, 09:18:55 PM

I will sell when:

1) rpeitila announces the renovation of his castle

2) Goat buys a new car

I'll happily dump for silver at peak of ETF approval pump (if such a thing is approved). And why - my long term macro view on the subect (not to be confused with short term view):

Quote from: r0ach on March 02, 2017, 09:07:15 PM

The fact that bitcoin can be so called "upgraded", which really just means changed, means it's not anti-fragile by default. Being able to be changed is a actually a bad thing that makes it not anti-fragile, or fungible, or money in the first place. It's why crypto will always be cryptocurrency and never money. We are all just fascinated by complex Rube Goldberg machines. Obfuscate something to the nth degree until nobody knows what it's traits really are or what it's really doing.

Ok, time to pump this here coin. Oh, what's that? In order to believe it doesn't have value someone is required to have a computer science degree and then spend years dissecting it's traits in order to figure that out? And even then, multiple computer science majors will have completely differing opinions because it's almost impossible to be a master in all required subjects? Perfect, let's create an ETF before anyone discovers.

Quote from: r0ach on March 02, 2017, 08:50:08 PM

Money is something that can't arbitrarily be changed by some guy on a random whim when he wakes up in the morning...or change the security model to something else entirely. Money can't transform to something completely different at random. Why is bitcoin not banned? Because the govt loves people wasting their time with currency instead of having actual money. That and the fact that it's designed as a 1984 tracking system by default.

Quote from: r0ach on March 02, 2017, 08:45:06 PM

Bitcoin is also a CURRENCY, not money, just like any attempt to replace bitcoin will also be a currency. CURRENCY has never been a good investment on a long timeline ever. Currency never holds value. It doesn't matter if it's bitcoin or anonymint coin, they all implode to worthless. They are RECEIPTS for money.