Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
gibbtek
on 02/04/2014, 21:46:30 UTC
Dear all,

I love bitcoin.

99% because it's such a cool idea... it's really amazing it took us this long to realise it, and 1% because I like the idea I could make some money by doing something that seems (deceptively) easy.

The idea of crypto (to me) is a bit like evolution. We had a bunch of stupid ideas to explain how animals worked and then along came a theory that seemed to fit pretty well. When you hear it, (at least for me) "well of course that's how it works!". Simple. That's what I thought when I first heard about BTC "well course that's how we should do it!"

My problem is, and I've heard this a few times (even said it myself) "we're in a new wild west". I hear something like, well Gox, Neo, China et al are getting weeded out, and somehow "we'll be left with only the good guys".

Well, we had a "wild west" already and take look at how that turned out, USA full of good guys? (I'm talking mostly about the ones who run it of course). Never underestimate the ability of douche bags to take control and make life crappy for everyone else.

I love BTC because I'm a geek first, and a trader ... well defo somewhere waaay down the list coz I suck at it. But I still love it.

But anyway it seems to me like BTC is like when your parents are away and you've got a house party. You want as many people to come as possible because then you think your party will be amazing, but then a bunch assholes turn up, none of the nice guys are big enough to do anything about it, and then the party is ruined for most and awesome for only a few. I'm starting to wonder if that's how life works.

Until nice guys really learn how to play hard ball and keep douche bags out (at least keep them in check), no matter how good an idea crypto currency is it will still turn to shit.

I am a hardcore bitcoiner/crypto whatever, not because I will make money but because it's a good idea. That's all it needs to be to get my love.

If my time comes to defend it, I will do my best.

I am with it all the way to the moon or to the ocean floor.

PS: The banter on this thread is epic, thank you all for something interesting to read while I drink my coffee, move 1's and 0's and watch progress bars for a living.

Long live BitCoin!