Quote from: dkbit98 on May 22, 2022, 06:31:04 PM

Everyone please STOP feeding the troll and STOP replying to his messages!
Snowshow is just one more liar with lot of free time, and he is doing ban evasion Antithesis = Antikvark = Fxsurfer (banned).
He doesn't know anything about Bitcoin or economy, and he imagines to be some kind of protector from evil myth, while supporting people like Warren Buffett.
If he can say that Bitcoin is a myth, than I can say that Snowshow is also a myth, something like unicorns.

Quote

A person or thing having only an imaginary or unverifiable existence

https://www.merriam-webster.com/dictionary/myth

Snowshow is a Myth and not Real.

I agree with you that snowshow is a troll/shill and likely disingenuine and spreading misinformation and disinformation... and yeah, maybe one day soon he will be banned.. .. perhaps? perhaps?

And, yeah perhaps he is a ban evader posting .. seems like someone had already pointed out the similar language.. so yeah.. his/her/its days are likely numbered.

Quote from: Snowshow on Today at 04:25:26 AM

Quote from: JayJuanGee on May 22, 2022, 06:03:33 PM

[edited out]

Let me try again because I see you jest repeat things irrelevant to this topic like someone is paying you to do so.

Well yeah.. I already said that we are likely getting into repetition.

Someone paying me is a pretty lame accusation.. You must be thinking about the situation of ur lil selfie.

Quote from: Snowshow on Today at 04:25:26 AM

That's after all the reason I stopped responding to your answers.

You never really stopped responding.

Quote from: Snowshow on Today at 04:25:26 AM

But I have hope.

No you don't. You have no hope if you actually believe enough of your bullshit to remain a no coiner.. however, I suspect that you receive your posting payments in bitcoin. Hopefully, you are HODLing them... for your own good... not that you are likable or an empathetic character or anything like that.

Quote from: Snowshow on Today at 04:25:26 AM

So let's me ask you once again. Let me ask a question related to this topic.

My previous responses were attempts to be related to the topic... just to make the issues relateable in terms of value..

You asserted that bitcoin has no value, so I was presenting various scenarios to help to show ways of considering value that would be applicable to people in differing circumstances.. or at least attempting to illustrate some of those kinds of varying situations in which people might find themselves when attempting to consider how bitcoin may or may not be valuable to them or how they might be able to extract value out of it.

Quote from: Snowshow on Today at 04:25:26 AM

How bitcoin - whatever that is - has value, or how bitcoin benefits people if once people invest their value in the bitcoin system - where they supposedly got this valuable bitcoin, they are unable to return even a percentage of value, without new investors? Can you comprehend and answer such a simple question?

It is not just other investors that give bitcoin value, but also the varying network effects that are continuing to build and bring confidence in the system spreading and being adopted.

Sure in a simple way you are correct that someone else has to perceive value and bring a perception of value in order for me to sell BTC to them in 2022 at $30k-ish when I may well have bought the same coin in 2015 for around $250. So for sure we use price as a way to measure how everyone is valuing bitcoin... or satoshis or whatever unit we want to use as our way of measuring our transactions once we make it.

Quote from: Snowshow on Today at 04:25:26 AM

If not, let me help you with two examples. The people that invested some type of value in Tesla company, are able to return other types of value from within that company. They got capital for the value they invested and capital produces value - cars. Capital also is value in itself because it consists of land, buildings, equipment and so on. And if they liquidate the company they have value. Meaning, people don't need new investors to return value. Value is created or present in the system itself. Example 2. Fiat currency system. When people invest value - goods/services/labor in this system, they are able to return value from within that system, as I have already explained. Meaning, people don't need new investors to return value. Value is created (by the borrowers) in the system itself and returned to the investors.

I don't see what purpose comes from me having to explain how bitcoin retains its value. There are potential problems in investing in Tesla if you are talking about buying shares and what kinds of shares that you buy. There are also problems with fiat in terms of value tending to be inflated away.. causing the currency to become less valuable with the passage of time, so whether or not these two systems that you point out have their own independence from having rely upon new investors as compared to bitcoin seems to be besides the point to a large degree.. even if you want to speculate the new entrants into bitcoin (or the lack thereof) as being some kind of fundamental differentiating point that causes bitcoin to have less value than either the Tesla or the fiat example... Bitcoin has other benefits and values as I have already described, and if I have not sufficiently and adequately described them to your liking, then so what? It seems that I have described enough for you to get the fuck off of zero if you are still on zero after my previous posts... to the extent that you may have read them.

Quote from: Snowshow on Today at 04:25:26 AM

And now the bitcoin system. In itself, this system neither creates nor has no value. That is why the only possible way for people to return value, once they invested value in the system, is from value brought by new investors.

You are repeating yourself, and what you are saying does not seem to be true. I already addressed some of the various ways that bitcoin has value.. and you continue to want to ignore matters.. which is not going to be good for you to continue to stay on zero... but hey.. you choose your own allocation or lack thereof.. it's your choice.

Quote from: Snowshow on Today at 04:25:26 AM

If new investors stop bringing value the previous investors are left with nothing.

You may be partially correct, but it's been working out pretty good so far including that a lot network effects continue to build in bitcoin.. so with the passage of time, there continues to be greater and greater adoption.. which surely there are network effects which have been described by Metcalfe principles.. which seem to be somewhat relevant to bitcoin, even if it might not have been specifically designed to address bitcoin's adoption and expansion.

Quote from: Snowshow on Today at 04:25:26 AM

So, let me repeat the question for you: how bitcoin has value, or how bitcoin benefits people, if once people invest their value in the bitcoin system they are unable to return even a percentage of value, without new investors?

I don't really know how it works beyond what I have already said... so yeah, you might be correct. We might all be fucked at some point, but I still think that it is one of the greatest asymmetric bets that normies (regular people) have been able to have in front of them including that it seems to be facilitating the greatest wealth transfer in history.. so hopefully your .001% (or whatever the appropriate probability assignment?) scenario is not correct.