Quote from: Radacoin on April 29, 2013, 09:32:52 AM

Quote from: skull88 on April 29, 2013, 09:28:28 AM

You call people who buy a cryptocurrencie fools?

Short answer: yes, mostly.
(most people are fools anyway - hence why 1% has all the riches and the other 99% whine&complain)

Long answer: Why do you think Joe Sixpack is trading on MtGox? Because he want's to have a revolution, fight tyranny, capitalist pigs? Or because he buys Bitcoin today at 120 because tomorrow it will be at 140?

The sad part is, your right. The sadder part is, you seem to find that a good thing? I hope that Joe Sixpack after burning his fingers with buying at >$200 and selling at 100$, sees that it's not a get rich fast scheme but maybe learns more about it and stays for the good things it may bring. And probably earns more that way instead of jumping on the next coin and only make people who profit from these fools richer.

I would be a hypocrite if I would say I wouldn't like it to see btc at 1000$ and ltc at 250$ so I can retire on my own Island without actually doing that much for those coins. Still, I don't think it should be the main goal, if they drop to 1$ and 0,01$, I will still use them for what they are meant to be

Quote from: Walter Rothbard on April 29, 2013, 07:40:55 PM

Quote from: skull88 on April 29, 2013, 09:28:28 AM

Quote from: Radacoin on April 29, 2013, 09:02:33 AM

MtGox starts trading Litecoin soon. There is an endless line of ~~customers~~ ~~newbies~~ fools waiting to ~~start trading on MtGox~~ throw money at us miners. They don't care whether it's Bitcoin or Litecoin or Shitecoin - as long as it's Somecoin.

Why is this the general impression I get from the people surrounding Feathercoin, they only care about the fiat money that could be earned. While people supporting BTC and LTC do it because they believe in it as a currency and not a get rich scheme. You call people who buy a cryptocurrencie fools?

I honestly think that the best way to help Bitcoin and the whole cryptocurrency movement in general is to build a profitable business in it. Profit is your measure of whether you are helping or not.
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Building a profitable business in it? By mine the hell out of it the first days so a select few have 3,000,000 to split amongst each other and sell them for lots of money. It never worked in the past, why the hell would ftc be different? And if you think you can take that kind of profit as a measurement whether or not someone is helping, you're definitely wrong. You can only have a succesfull coin if people actually work for them, build services for it and sell goods for them. Buying and holding in the hope Joe sixpack will throw some more money to you than you paid for it is just not helping the coin. How many profit that person may have, it is not a measurement. Their are people on this forum with <50btc or <50ltc who did a lot more for them than some with big wallets.