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Thread: Bitcoin....who's gotten into it?

  1. #16901
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    Quote Originally Posted by bennymac View Post
    Sure - when your credit card isn’t working you don’t want spend $15 of BTC on that açaí bowl because in a year that may be worth $20. Better to spend hours on the phone with the bank.

    And also you avoid getting laughed at when you ask the waiter “do you accept bitcoin as payment?”
    Your trolls aren't even funny. They're just pathetic.

  2. #16902
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    Quote Originally Posted by MultiVerse View Post
    Wait, wut? This is bizarre. Because money is supposed to be fungible, it shouldn't make any difference if a person spends USD or BTC unless one currency is better versus the other at being a currency, right? Otherwise, doesn't spending an equivalent amount of USD or BTC carry the same opportunity cost when it comes to relying on one or the other as a store of value?
    Well, since you like to make up your own facts and definitions I guess it shouldn't come as a surprise you don't understand what fungibility means either. Different items with unique characteristics are not fungible. Bitcoin is trending up in value over the long-term and USD is trending down. They are not the same. For me, I save in BTC and spend in dollars. I'm doing a speculative attack, just like Saylor, but at an obviously much smaller magnitude.

    Additionally, as I've said again and again, I don't expect BTC to be used as a day to day currency in the USA for quite some time. However, the future is hard to predict, so we'll see.

  3. #16903
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    Quote Originally Posted by stalefish3169 View Post
    Well, since you like to make up your own facts and definitions I guess it shouldn't come as a surprise you don't understand what fungibility means either. Different items with unique characteristics are not fungible. Bitcoin is trending up in value over the long-term and USD is trending down. They are not the same. For me, I save in BTC and spend in dollars. I'm doing a speculative attack, just like Saylor, but at an obviously much smaller magnitude.
    Your explanation is even more bizarre, midwit. In addition to looking up fungible, you should have looked up opportunity cost too. Spending a dollar is the equivalent of not saving BTC. It's the same thing. How is that not obvious?

  4. #16904
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    Quote Originally Posted by Mustonen View Post
    You’re the one who keeps comparing BTC to your credit card, champ. And then something something about how it was definitely the bank leaking your cc number and not the website you bought commemorative trump gold coins from. Either way, sucks you had to buy new cards right?
    Your reading comprehension sucks. Scroll up and you'll see I've already stated multiple times I'm not a Trumper. I think he's an opportunistic grifter. I just think it's funny the Dems are too stupid and stubborn to comprehend the inevitable, similar to you guys, that BTC is only going to become more important.

    Also just because things are comparable doesn't mean they are fungible. At least I can tell when Blue Benny is trolling. With you, it seems you're just dense.

  5. #16905
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    Stalefish is an opportunist and a con taking very real conflicts & disagreements and attempting to transmute them into bitcoin-defined spectacle.

  6. #16906
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    Quote Originally Posted by MultiVerse View Post
    Your explanation is even more bizarre, midwit. In addition to looking up fungible, you should have looked up opportunity cost too. Spending a dollar is the equivalent of not saving BTC. It's the same thing. How is that not obvious?
    You should look it up. Conflating different things doesn't make you right. It confirms you're wrong.



    fungible
    Definitions from Oxford Languages
    (of a product or commodity) replaceable by another identical item; mutually interchangeable.

  7. #16907
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    Right, you argued that you need to save in BTC and spend in dollars, "There is no reason for me to spend the superior asset, BTC, on trivial purchases." But spending is spending and saving is saving. You can argue BTC is a better investment, but it doesn't matter whether you spend in dollars or in BTC unless one is better than the other as a currency. Are you really that dumb?

  8. #16908
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    It's refreshing to know that there is someone to talk to at the bank when their protection of your assets overreacts when on vacation. Good luck getting Satoshi on the phone to deal with coin issues.
    www.apriliaforum.com

    "If the road You followed brought you to this,of what use was the road"?

    "I have no idea what I am talking about but would be happy to share my biased opinions as fact on the matter. "
    Ottime

  9. #16909
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    Speaking of wasting time, I'm tired of doing so while posting here so I'm taking a break until BTC hits 100k.

  10. #16910
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    I'm amazed you lasted this long. Kudos. I'll see you on the other side.
    Live each season as it passes; breathe the air, drink the drink, taste the fruit, and resign yourself to the influences of each.
    Henry David Thoreau

  11. #16911
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    Quote Originally Posted by stalefish3169 View Post
    Speaking of wasting time, I'm tired of doing so while posting here so I'm taking a break until BTC hits 100k.
    Quoted for posterity.
    I have been in this State for 30 years and I am willing to admit that I am part of the problem.

    "Happiest years of my life were earning < $8.00 and hour, collecting unemployment every spring and fall, no car, no debt and no responsibilities. 1984-1990 Park City UT"

  12. #16912
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    Quote Originally Posted by stalefish3169 View Post
    Your trolls aren't even funny. They're just pathetic.
    What’s pathetic is you pretending you coulda paid for that food with BTC while your credit cards weren’t working but just chose not to because it’s becoming more valuable. Just keep repeating it and eventually you’ll convince yourself it makes sense.

  13. #16913
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    Quote Originally Posted by shera View Post
    I'm amazed you lasted this long. Kudos. I'll see you on the other side.
    It says a lot when the padded room of a ski forum (that by choice you post in regularly) hits too hard with its BTC critiques and you gotta take time away to recover.

  14. #16914
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    "Why don't you just make 10 louder and make it the top number?"
    "..........bitcoin goes to eleven"

  15. #16915
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    LOL painted himself into a corner and then took his bitcoin ball and went home in a huff just as the thread was getting amusing. byates low-wattage output ain't gonna keep it lit.

  16. #16916
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    Somebodys had a couple campari spritzers and is gearing up for a big night on the keyboard. Lookout boys.

  17. #16917
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    Thanks for making me laugh.
    Live each season as it passes; breathe the air, drink the drink, taste the fruit, and resign yourself to the influences of each.
    Henry David Thoreau

  18. #16918
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    Yesterday, the SEC approved 9 spot ETH ETF applications. Tomorrow, if I have time, I'll explain why ETH is the higher quality crypto asset vs BTC.

  19. #16919
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    Looks like Elon backed out from his mega Trump donations once Kamala became the nominee and reports indicated she would be more pro-crypto.

  20. #16920
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    Hey guys, no need for Bitcoin anymore - economy is good now:

    Click image for larger version. 

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    https://x.com/whstancil/status/18158...sR_NcRK2VkCfkg

    (Biden drops out -> media stops shitting on the economy to acknowledge Biden’s achievements -> economy improves overnight.)

  21. #16921
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    We are all just rapt w anticipation w you telling us how the world works. What would humanity do without you

  22. #16922
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    Quote Originally Posted by byates1 View Post
    We are all just rapt w anticipation w you telling us how the world works. What would humanity do without you
    You talking to Barron or Stale?

  23. #16923
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    Jong is going to give us everything we ever wanted. If he can spare the time. We hope so

  24. #16924
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    Quote Originally Posted by byates1 View Post
    Jong is going to give us everything we ever wanted. If he can spare the time. We hope so
    I believe it was Confucius who said:

    I can lead a horse to water, but I can’t make it drink.

  25. #16925
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    I believe it was me who said: go fuck yourself.

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