divabot posted:

if anyone here hasn't sufficiently suffered the wonder of Ham's argument style, start here, it's great.

rap music posted:

can anyone validate my decision not to invest in bitcoin

like once you buy in they make it impossible to cash out right

rap music posted:

can anyone validate my decision not to invest in bitcoin

like once you buy in they make it impossible to cash out right

Collateral Damage posted:

I'll believe that shitcoins are worth several thousand dollars when someone proves that they have converted a significant amount (say $100k+ worth) of it into real, actual USD without getting robbed, stuck in limbo or crashing the market.

scott zoloft posted:

> having at least 10k worth of bitcoins

> knowing what people use them for

> scratching head over how to turn them into cash

Dmitri-9 posted:

There is one person in Europe documented by the news who made a six figure profit and bought himself some property if I remember correctly. It was a while ago.

gary oldmans diary posted:

"what people use them for" doesnt turn your bitcoin into cash.

Collateral Damage posted:

iirc that was way back when some of the exchanges still had VC cash to pay out with.

Paladinus posted:

Lol, just buy illegal drugs with your bits, you idiot, you moron. Why would you even need real money?

evilweasel posted:

it is occasionally possible to cash out provided you give an unregulated exchange a complete identity theft kit, and are willing to have your bank account immediately closed for suspicious transactions

Uranium 235 posted:

or you could just sell bitcoin on gdax/coinbase and wire it to your bank

a lot of you are repeating things that were true about the crypto space a while ago but are no longer true

Sailor Viy posted:

Hey Ham Sandwiches. I don't have any strong opinions about bitcoins but I'm curious about your purpose in posting in this thread. From your posts it seems like you don't really enjoy the thread, in fact it seems to make you angry, yet you keep coming back and seemingly spend a lot of time writing posts. A lot of people argue on the internet but I've rarely seen someone put so much energy into such an uphill battle as you're doing here. So what is your goal here? What outcome are you trying to achieve with your posts?

I promise this is not a setup for some kind of gotcha to prove you are a brainwashed zealot or whatever. I'm just honestly curious about your motivations.

scott zoloft posted:

lol okay cat tit avatar guy

Ham Sandwiches posted:

My goal was just to get all the people that felt strongly that Bitcoin would fail to go on the record as hard as possible, as thoroughly as possible, so that I can quote their posts and make fun of them over time.

In general most of the anti bitcoiners except the earnest financial dude strike me as folks posturing for SA ecred and validation, and have been perpetuating really dumb outdated ideas about cryptocoins in furtherance of comedy, and legitimately missing the boat in the process. Those folks annoy me with their lovely one liners and yeah I don't enjoy talking to them. In general their posting style is "one line mocking of other position with no explanation of why they think it's wrong"

Also it's odd to me that folks so smug about what they think will happen go to such pains to avoid predicting or articulating what they think will happen with Bitcoin other than it will fail so I was hoping over the the past two threads to sum up the most cogent arguments.

So by this point I feel that's been pretty well covered, the only thing to do left is periodically chime in when something significant happens with Bitcoin. Since that one effortposter gave up and declared victory (how boring, glad we had to waste that time) presumably people will stop hassling me to respond to him now and we can just go back to watching what happens to Bitcoin.

Hell there's even a book where one guy wrote down all the wrong stuff he thinks, so there's something really really tangible to dive into later as the usage of cryptocoins get more widespread.

evilweasel posted:

it is hilarious that you both complain that people mocking you don't include enough explanation and whine about the entire book dunking on bitcoin that you are completely unable to respond to

Ham Sandwiches posted:

My goal was just to get all the people that felt strongly that Bitcoin would fail to go on the record as hard as possible, as thoroughly as possible, so that I can quote their posts and make fun of them over time.

evilweasel posted:

also my one-liners contain enough facts that you stutter and change the subject knowing that if you try to respond to them you'll get dunked on so that's a pretty good one-liner in my book

Ham Sandwiches posted:

so there's something really really tangible to dive into later as the usage of cryptocoins get more widespread.

Ham Sandwiches posted:

Your posts are a great example of people I find annoying, I don't really see why I would engage in this lovely bickering dude it's not useful and I'm just here to comment on the cryptocoins

evilweasel posted:

i know you find them annoying, it's because i know more than you do and you know it and you can't figure out how to reconcile that with your belief in your own rightness

if you're tired about being dunked on about bitcoin do you want to discuss your hilariously idiotic ideas about corporate fiduciary duties?

Ham Sandwiches posted:

Yeah like, this is what I mean, smug dude that poops out a one line sentence with 0 details, but just wants to contribute to the conversation. You're the reason d&d made a rule that effort has to be met with effort, dumbasses like you that want to participate but not contribute or expose themselves to counter criticism / rebuttal. Legit.

evilweasel posted:

Ham Sandwiches posted:

Yeah like, this is what I mean, smug dude that poops out a one line sentence with 0 details, but just wants to contribute to the conversation. You're the reason d&d made a rule that effort has to be met with effort, dumbasses like you that want to participate but not contribute or expose themselves to counter criticism / rebuttal. Legit.

Ham Sandwiches posted:

Yeah. Chiming in with smug critiques, but there's no position of yours that I can attack because you haven't articulated one. Just simply peanut gallery smug bullshit that's 50 variants of "I'm right." Who cares dude, are you posting to hear yourself talk? That's all you're accomplishing.

gary oldmans diary posted:

what a burn on an av from jeffrey of yospos that i used to have. by you. after your example of you not understanding how goods and services are exchanged

Ham Sandwiches posted:

If you make a dollar from Bitcoin, a Dollar has been transferred from the Nation State monetary system into the cryptocurrency monetary system.

Ham Sandwiches posted:

You're the reason d&d made a rule that effort has to be met with effort, dumbasses like you that want to participate but not contribute or expose themselves to counter criticism / rebuttal. Legit.

evilweasel posted:

could you please elaborate on how i am the reason the d&d mods needed to implement that rule

just one more sentence, please. i'm begging you.

Ham Sandwiches posted:

Yeah. Chiming in with smug critiques, but there's no position of yours that I can attack because you haven't articulated one. Just simply peanut gallery smug bullshit that's 50 variants of "I'm right." Who cares dude, are you posting to hear yourself talk? That's all you're accomplishing.

evilweasel posted:

yes, which requires giving an unregulated exchange a complete identity theft kit, and results in the bank closing your account because they know coinbase is a giant red flag

scott zoloft posted:

Salty.





Bitch.

Ham Sandwiches posted:

If you think that Bitcoins are lovely things doomed to fail I'd love to read your good faith post on the topic and engage with you on the matter. Except here's the thing. There isn't one.