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Merged Bitcoin - Part 3

psionl0 said:
Only one of them is bitcoin.
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Interestingly the fashion now is to say bitcoin circulation will be stretched like fiat, so the one true quantity constrained crypto is like those things in Alien the movie.
 
Samson said:
I skimmed this link

https://bitcoinist.com/bitcoin-btc-supply-could-expand-over-21-million/
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Fancy fractional reserve banking being possible with bitcoin? Who'd have thunk? I'm shocked I tells you, SHOCKED!!! :yikes:

No wait, I just remembered something:
psionl0 on 4th June 2011 said:
Once people start writing their IOUs in bitcoins you will have fractional reserve banking and a boom/bust economy similar to gold standard days.
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http://www.internationalskeptics.com/forums/showthread.php?postid=7249154#post7249154

Yet again, there is nothing new under the sun. And the Ripple network has been designed to transmit IOUs whether they be in gold, bitcoin, fiat currency or any other currency you might want to make up (I still have some PSIONS on Ripple if anybody is interested).
 
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psionl0 said:
Fancy fractional reserve banking being possible with bitcoin? Who'd have thunk? I'm shocked I tells you, SHOCKED!!! :yikes:

No wait, I just remembered something:

http://www.internationalskeptics.com/forums/showthread.php?postid=7249154#post7249154

Yet again, there is nothing new under the sun. And the Ripple network has been designed to transmit IOUs whether they be in gold, bitcoin, fiat currency or any other currency you might want to make up (I still have some PSIONS on Ripple if anybody is interested).
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Bitcoin maximalists will always despise cryptos that can breed like cockroaches.
Of course that is exactly what cryptos do, so the maximalists preach like the lotus eaters.

We should all short bitcoin here on the algorithm at 8568

eta yes psion I read your original post, if only we could stop sniping at each other.
 
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Samson said:
Bitcoin maximalists will always despise cryptos that can breed like cockroaches.
Of course that is exactly what cryptos do, so the maximalists preach like the lotus eaters.
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As usual, your response appears to bear no relation whatsoever to what you have quoted.

I say "appears" because in your attempts to appear intelligent, you have made up expressions that are so sophisticated that they are essentially meaningless.
 
psionl0 said:
As usual, your response appears to bear no relation whatsoever to what you have quoted.

I say "appears" because in your attempts to appear intelligent, you have made up expressions that are so sophisticated that they are essentially meaningless.
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I am not trying to appear intelligent, I realise there are far better brains on ISF.
However I do make predictions and log them, in the hope that they work, and they all do.

TA is a simple process that does work.
 
Samson said:
I am not trying to appear intelligent, I realise there are far better brains on ISF.
However I do make predictions and log them, in the hope that they work, and they all do.

TA is a simple process that does work.
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No, your predictions don't all work.

Furthermore the nature of your predictions makes it pretty easy for them to work. All you have to do is not pick an all time high/low because you don't apply any kind of timescale.

TA is nonsense and if it wasn't you'd keep quiet about it while the millions and billions flooded in.
 
The Don said:
No, your predictions don't all work.

Furthermore the nature of your predictions makes it pretty easy for them to work. All you have to do is not pick an all time high/low because you don't apply any kind of timescale.

TA is nonsense and if it wasn't you'd keep quiet about it while the millions and billions flooded in.
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Which is a statement tantamount to the thought experiment saying the big bang did not happen because you can't get something from nothing. ;)
 
Samson said:
I am not trying to appear intelligent, I realise there are far better brains on ISF.
However I do make predictions and log them, in the hope that they work, and they all do. TA is a simple process that does work.
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Have you lost your mind? Your "predictions" are overwhelmingly failures. Given it's as unlikely to be always wrong as it is to be always right, it would be virtually impossible for every one of your blind guesses to be wrong, simply by random chance. Your overall record is astonishingly inaccurate.

Maybe TA works... but certainly not in your hands.
 
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trustbutverify said:
Have you lost your mind? Your "predictions" are overwhelmingly failures. Given it's as unlikely to be always wrong as it is to be always right, it would be virtually impossible for every one of your blind guesses to be wrong, simply by random chance. Your overall record is astonishingly inaccurate.

Maybe TA works... but certainly not in your hands.
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Careless and unscientific post.
For fundamental and technical reasons the crypto world is in structural price decline.
Why not join the party by shorting Bitcoin?
 
I guess in a moment of TA objectivity I see a substantial rally here in the deplorable "assets"
7952 right now for bitcoin..
 
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