psionl0
Skeptical about skeptics
Stick to the subject at hand.
Merged Bitcoin - Part 3
- Thread starter Dr.Sid
- Start date
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- Tags
- bitcoin cryptocurrency
jeremyp
Philosopher
Since BTC requires vast quantities of energy, we can be sure it'll be gone first. In fact, it might even be the cause of the heat death of the Universe.
wareyin
Penultimate Amazing
Dude, that was literally your question that I was agreeing with!
marting
Illuminator
- Joined
- Sep 18, 2003
- Messages
- 4,285
Seems the Bitcoin ATM market isn't going great.
https://www.msn.com/en-us/money/com...tcy-with-liabilities-of-100m-500m/ar-AA17g1rP
psionl0
Skeptical about skeptics
No it wasn't. You changed the subject from bitcoin to "con jobs".
wareyin
Penultimate Amazing
That's not a subject change. See all the recent discussion about price manipulation, wash trading, pump and dump, etc if you remain confused.
psionl0
Skeptical about skeptics
Yes it is. It is the old "<bad word> ergo bitcoin" argument which passes for critical thinking in this thread.
Bitcoin may be subject to price manipulation and there may be "con jobs" involving BTC (just as there are "con jobs" involving fiat currencies) but bitcoin itself is not any sort of "job". It is just a digital asset.
wareyin
Penultimate Amazing
Good job, psionl0! Look at you, finally admitting that it's possible that there may be con jobs involving bitcoin!
Why, pretty soon you might even accept that it's a known fact that there are scams involving bitcoin! Then it's not too much further before you grok that the majority of bitcoin transactions are fraudulent in nature. And eventually, maybe, you too will understand that bitcoin is not the lovely commodity with a halo that you first thought!
psionl0
Skeptical about skeptics
I figured that out way back in 2010. But you didn't claim that there may be con jobs involving bitcoin. You claimed that bitcoin itself is a con job and that is a very different thing.
Aaannndd - back to the rule 12 violations. I have never claimed that bitcoin is "wonderful". I have always spelled out the shortcomings of bitcoin.
You problem is that if one is not willing to make BS claims about bitcoin then they must be a bitcoin lover. Totally illogical.
wareyin
Penultimate Amazing
Sigh, I guess you hit "may be" back in 2010 but never advanced beyond that to "are" in the last 13 years? Despite all the reports of it happening?
<looks back at the post you quoted for "wonderful"...doesn't find it>
Hmmm. You also appear to not understand rule 12 if you think that post violates it.
psionl0, pal, you can't even admit that any cons do actually happen with bitcoin! That's an ironclad actual fact, not BS, but you aren't even willing to admit that.
psionl0
Skeptical about skeptics
You can't deflect from your actual claim that bitcoin itself is the con job.
The only reason I use "may" is because I don't have a specific example. Even then it only proves that some con jobs involve bitcoin not that bitcoin itself is a con job.
wareyin
Penultimate Amazing
I don't need to.
Multiple specific examples have been provided. That you refuse to accept them isn't anyone else's problem, nor does it make bitcoin any better of an investment.
psionl0
Skeptical about skeptics
Did you even read what you posted? It says quite clearly in black and white that some con jobs involve bitcoin. And there was no mention about bitcoin being a "better investment" (than what?).
wareyin
Penultimate Amazing
You're tripping over your own argument again. Of course what I posted says bitcoin is used in scams. It's what you've been posting that's the issue: "may", "no specific examples", etc.
Sigh. Pretending that bitcoin has more real world usage than it does, or that it is safer than it is, or that the majority of bitcoin transactions aren't fraudulent (they are), or that holding on to bitcoin has always made those who did so richer, etc, are all ways to attempt to make bitcoin look like a better investment than it actually is.
psionl0
Skeptical about skeptics
LIE.
LIE.
CRAP!!
LIE.
What I have stated is that in the PAST this has been true. Anybody who bought BTC prior to December 2017 would be able to sell them at a profit today if they had "hodled" them. That is nothing at all like the way you misquoted me.
wareyin
Penultimate Amazing
Dude, it's demonstrably true that you've spent pages arguing that bitcoin is a commodity, equivalent to gold. That's where you're saying bitcoin has more real world usage than it does.
You've painted bitcoin as being safer than fiat currency.
You've gone so far as to pretend to not be aware of any fraudulent uses of bitcoin, with your "may" and how you don't "have a specific example".
I see, you are using the English language in this weird way where "has always" is not applicable to the past? Or should I say PAST (because maybe that means something different in your dialect)?
psionl0
Skeptical about skeptics
Even if I argued that bitcoin was "equivalent to gold" (your words) the conclusion doesn't follow.
LIE.
What are you blathering on about now? "has always" is your words not mine.
wareyin
Penultimate Amazing
As gold actually does have real world usage (electronics and jewelry to name 2) while bitcoin is numbers in a ledger, yes. Yes the conclusion follows.
Right, pal. All that nonsense about nobody being able to take your bitcoins while they can take your real money was said by that other psionl0.
If you are unable to follow this simple exchange (wherein you claimed I lied because I said "has always" and you said you were talking about "the PAST" as though "has always" isn't talking about "the PAST"), then I can understand why you remain unconvinced that bitcoin has been fraudulently used despite the multitude of links showing exactly that that have been presented to you.
Interesting change. A division of labor thing.
The miner gets a definite payout and the promoter takes the risk.
I agree with this part. But how would one go about regulating slow gambling?
P. S. If your behind a paywall version of the opinion piece.
psionl0
Skeptical about skeptics
Let me know when you want to discuss my actual posts instead of these lies.As gold actually does have real world usage (electronics and jewelry to name 2) while bitcoin is numbers in a ledger, yes. Yes the conclusion follows.
Right, pal. All that nonsense about nobody being able to take your bitcoins while they can take your real money was said by that other psionl0.
If you are unable to follow this simple exchange (wherein you claimed I lied because I said "has always" and you said you were talking about "the PAST" as though "has always" isn't talking about "the PAST"), then I can understand why you remain unconvinced that bitcoin has been fraudulently used despite the multitude of links showing exactly that that have been presented to you.