Quote from: foggyb on October 24, 2013, 05:00:28 PM

Quote from: tutkarz on October 24, 2013, 02:23:43 PM

it's not fair. If someone wants to take profit, then they can just list their bitcoins for sale and earn more money than just dumping them. The only reason people are doing this is to cause panic and grab as much cheaper bitcoins as they can. But people have to grow up.

You know hundreds years ago Mayans was chopping people heads off and they also was thinking that its OK. Now we see it somehow differently. When people will grow up, they will understand that speculating is also wrong because there are winners and losers. Volatile price scares most investors off from bitcoin. If people would not speculate that much everyone would earn more, and everyone who invested would be more happy and calm and could focus on more constructive things to do than watching price for 24h/day.
Only by cooperating we can have all people winning and this humanity should understand and start consider as normal behaviour. The sooner the better for all.

And what pray tell is wrong with having winners and losers? The losers are not innocent victims, they know what game they're playing.

This is how markets work, son.

Hahah I was thinking the same thing. There is no market without both winners and losers. It sounds very nice to say 'oh why can't humanity just all be nice and buy together and all make money, all be winners' but where would people be getting this btc from if it wasn't from other people selling and saying goodbye to it? Only in a true post-scarcity future society would such things be possible. But even if food, water, energy, shelter, wealth can be provided for all people, the next point of scarcity becomes raw matter. Raw matter to be able to 3d print, convert on a molecular/atomic level using nanotech into whatever objects this future society needs. We'd probably have converted ourselves into machines by that point anyway.