Quote from: Coin_Master on November 21, 2014, 05:35:05 AM

Quote from: jwilford on November 21, 2014, 04:43:21 AM

Hard call to make did anyone know 2 years ago when it was going to blow up? I don't think it has more than 3 years and I think it is going to be 3 years of steady price decline but maybe I am wrong. Maybe another economy collapses and tomorrow it is over $1,000 again. If you are asking for an exact date all I can say is if I was that good I wouldn't be selling out I would just be buying low and selling high and riding this whole thing to the bitter end playing the waves. Unfortunately I'm not that good, that's why I'm getting out why it is still worth my time to get out.

Let it fail? What does that even mean. It is not some company that owes lots of money, it cannot go broke. While Bitcoin has people that want Bitcoin/Freedom it is impossible for it to "fail".

Definition of fail = People not wanting it anymore

I want to support Bitcoin, clearly you don't. But I will not have you remain here on this forum and try to "make it fail".

So please stop posting and leave this forum immediately.

Thanks

Well there you go, this is perfect, now when Bitcoin is worthless and nobody uses it you can just say it didn't fail it's still good, see guys it's not in debt and it only takes me keeping a 1 terabyte file on my computer to spend 20BTC on a pizza that used to cost $20,000 BTC. If you are ever forced to admit that it failed as a sustainable currency you can say it was because people didn't believe in it enough because obviously it is was "due to pure speculation with no real monetary reason" as Putin would say. That's fine blame me, redefine fail it doesn't matter. Bitcoin rose in spite of the nay sayers due to innovation and it will fail in spite of the believers due poor network topology, an unsustainable arms race for mining equipment, and the unforeseen externalities of miner pools. I like decentralization but I won't let my Utopian dreams mask reality and I will speak the truth as I see it. Time will tell if I am wrong.

jwilford

Posts

Merits