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04-14-2013 , 11:33 PM
Quote:
Originally Posted by JimAfternoon
Lol Krugman.

Seriously, it's like he's not even trying.

There's no way he spent more than 5 minutes of his life total on that piece.
dont worry, once eh777 and his kind read the article, they will be spamming this thread with their 5-minute expertise
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04-14-2013 , 11:37 PM
Quote:
Originally Posted by Deep
Krugman's latest Bitcoin op-ed: http://www.nytimes.com/2013/04/15/op...l-network.html

So do we need a new form of money? I guess you could make that case if the money we actually have were misbehaving. But it isn’t. We have huge economic problems, but green pieces of paper are doing fine — and we should let them alone.
He seems to think it's only useful purpose is it's not susceptible to high inflation and completely disregards all other benefits of bitcoins. Status quo of waiting three business days for wire transfers and paying a 3% tax on all purchases to Visa/Mastercard is just fine?
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04-15-2013 , 09:48 AM
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Originally Posted by greg nice
dont worry, once eh777 and his kind read the article, they will be spamming this thread with their 5-minute expertise
Still haven't actually come up with an argument of your own have you, your argument is calling professors of economics stupid.
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04-15-2013 , 10:10 AM
That article by Krugman reminds me of one of those anti-online poker articles that you read and just shake your head at the ignorance.
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04-15-2013 , 10:18 AM
Quote:
Originally Posted by eh777
Still haven't actually come up with an argument of your own have you, your argument is calling professors of economics stupid.
i thought i already told you to quit because you are making yourself look stupid. you refuse that advice and just look worse with each post

i am not stupid enough (like you) to come up with an opinion when i have no basis for my opinion. when i do have an opinion, i wont be writing 10k word posts trying to convince you. instead, i will be placing my bet in the market. you read a few articles and then think you're qualified to come in here and start ranting with your 30 minute education. and now you want me to do the same. lol.

i call you and those professors stupid because you don't even believe your own words after all of your strongly worded essay length posts. then when you are confronted about your idiocy, you start making some random stuff up about cults

oh wait, i forgot, you do believe your own words.. you have 11% confidence in them.

i already posted this in the thread, the beauty of professional gambling is that its so easy to determine how much bullsh people talk. you are no different than every random idiot on the street corner, blabbering their worthless opinion. all you have to do is challenge them with "wanna bet on that opinion?" and watch the excuses pile. you would think that people would be smart enough to keep their mouth shut since this is a forum for professional gamblers who will snap up every +EV bet, but some people truly are ******ed.

go to AOL.COM if you want to spam your rants that you dont even believe yourself, those people won't call you out on it

Last edited by greg nice; 04-15-2013 at 10:27 AM.
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04-15-2013 , 10:22 AM
Seems steady at 90-100 range, pretty surprising, I figured it would be sub 50
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04-15-2013 , 10:24 AM
Quote:
Originally Posted by greg nice
i am not stupid enough (like you) to come up with an opinion when i have no basis for my opinion. when i do have an opinion, i wont be writing 10k word posts trying to convince you. instead, i will be placing my bet in the market. you read a few articles and then think you're qualified to come in here and start ranting with your 30 minute education. and now you want me to do the same. lol.
You have no basis for the assumption whatsoever, I've been following this, and investing in general, for a long time. It's completely transparent that you haven't, you bought some Bitcoins because you bought into a hype.

Quote:
Originally Posted by greg nice
i call you and those professors stupid because you don't even believe your own words after all of your strongly worded essay length posts.

oh wait, i forgot, you do believe your own words.. you have 11% confidence in them.
You can't honestly be this stupid?

Your reasoning for me not believing my own words is because I want good odds? You realise that it was an example right? There were no terms there, and even if there was - people would give me much more than 8/1 on certain bets.

Do you even understand the basics of a bet or investing? Me wanting high odds is not me 'not believing my own words' I could have 100% confidence in my prediction, but I'm still going to take 20/1 odds if possible.
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04-15-2013 , 10:29 AM
can we pool some bitcoins to give to eh777 in exchange for him never posting in this thread again?
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04-15-2013 , 10:49 AM
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Originally Posted by RAW_FORCE
can we pool some bitcoins to give to eh777 in exchange for him never posting in this thread again?
or we could all hit the ignore button.

i'll go first.
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04-15-2013 , 10:59 AM
Quote:
Originally Posted by eh777
You have no basis for the assumption whatsoever, I've been following this, and investing in general, for a long time. ...blabhbla
yeah you've really convinced me pal.

if you believed in your opinion, you would either be short or you would be looking to take action on your side. thats what people do when they believe that they can predict the future.

simple as that.

when confronted, you come up with excuses that you cant free up money. riiight.

basic investment lessons: your opinion about all of your other investments probably isnt nearly as strong as your bitcoin opinion. so your money should be most heavily invested in the item which you think will give you most return, ie bitcoins. since it is not, that means dont believe as strongly as you claim about bitcoins.

so, just shut the fk up. but you will probably respond with another post making yourself look dumber

Quote:
Originally Posted by The Nemesis
or we could all hit the ignore button.

i'll go first.
good one, missed that. now i can say that i am stupid for something.
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04-15-2013 , 11:34 AM
Quote:
Originally Posted by greg nice
yeah you've really convinced me pal.

if you believed in your opinion, you would either be short or you would be looking to take action on your side. thats what people do when they believe that they can predict the future.

simple as that.

when confronted, you come up with excuses that you cant free up money. riiight.

basic investment lessons: your opinion about all of your other investments probably isnt nearly as strong as your bitcoin opinion. so your money should be most heavily invested in the item which you think will give you most return, ie bitcoins. since it is not, that means dont believe as strongly as you claim about bitcoins.
.
I started by saying I have no money at the moment, I explained that it can't be freed up like that, it's invested in small businesses - not something i can immediately withdraw it from, it really is painfully simple.

This is genuinely one of the most mind-numbing conversation i've had, you're just completely ignoring my posts and repeating yourself. Have you ever invested in anything? You sound so naive it's untrue.
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04-15-2013 , 11:36 AM
Quote:
Originally Posted by eh777
I started by saying I have no money at the moment, I explained that it can't be freed up like that, it's invested in small businesses - not something i can immediately withdraw it from, it really is painfully simple.

This is genuinely one of the most mind-numbing conversation i've had, you're just completely ignoring my posts and repeating yourself. Have you ever invested in anything? You sound so naive it's untrue.
I just don't understand how you sit here every single post preaching about how confident you are that bitcoin is going to fail. And then you mention how if you had money you'd want 6 to 1 or 8 to 1 (whatever it was) on it failing in the next 2 years. Whatever ounce of credibility you had, went out the window after you decided that you are in fact not confident in bitcoin failing despite still preaching against it.
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04-15-2013 , 11:54 AM
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Originally Posted by RaineTech
I just don't understand how you sit here every single post preaching about how confident you are that bitcoin is going to fail. And then you mention how if you had money you'd want 6 to 1 or 8 to 1 (whatever it was) on it failing in the next 2 years. Whatever ounce of credibility you had, went out the window after you decided that you are in fact not confident in bitcoin failing despite still preaching against it.
This is actually pretty unreal, it was an EXAMPLE how can you not get that into your head?

People have already said they'd give me great odds, you think I'm going to turn around and say "Nah don't worry about it guys, I;m really confident - I'll take worse odds.

Can you honestly not get your head around that?
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04-15-2013 , 12:02 PM
Hopefully somebody can clear up my understanding of wallets.

So in order to import a wallet you just need to have the private key associated with that wallet, which is basically what is printed on a paper wallet. What is to stop somebody from brute force guessing and importing wallets just looking for anything that has any BTC in them so they can steal them? Obviously this wouldn't be an effective way to find a specific wallet and any bitcoins you find would be mostly luck, but is there any way to defend your wallet against something like this even if somebody were to "guess" your private key?
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04-15-2013 , 12:14 PM
Quote:
About eh777:
Biography
Semi-pro live player recently trying to become an online semi pro.
Location
England
Games & Stakes
45 man turbos, 3.50r 180s, & big field MTTs.
Despite the level of ******edness in your posts, and even though you play tournaments for $3, I will bet you $200 with no escrow even money that bitcoin will be worth more than $10 in two years. I have a lot of friends in the UK, so if you give me enough information about you to be able to collect a debt, I may bet you more.
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04-15-2013 , 12:19 PM
Quote:
Originally Posted by Chill-Brahck
Hopefully somebody can clear up my understanding of wallets.

So in order to import a wallet you just need to have the private key associated with that wallet, which is basically what is printed on a paper wallet. What is to stop somebody from brute force guessing and importing wallets just looking for anything that has any BTC in them so they can steal them? Obviously this wouldn't be an effective way to find a specific wallet and any bitcoins you find would be mostly luck, but is there any way to defend your wallet against something like this even if somebody were to "guess" your private key?
The idea is that brute forcing a private key is insanely hard, here is a post that explains just how hard:

http://www.bitcointrading.com/forum/...ce-is-massive/

quote: " winning the lottery 1 quadrillion times AND get struck by 1 quadrillion lightnings in a year is 8333 times easier than crack one Bitcoin private-key!"
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04-15-2013 , 12:22 PM
Quote:
Originally Posted by sethseth
Despite the level of ******edness in your posts, and even though you play tournaments for $3, I will bet you $200 with no escrow even money that bitcoin will be worth more than $10 in two years. I have a lot of friends in the UK, so if you give me enough information about you to be able to collect a debt, I may bet you more.

People are already offering me odds, so ill take those odds with an amount that's worth betting, why would I take a worse offer? And what does my profile have to do with anything? Like i've said, I have no free money - so I play poker.
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04-15-2013 , 12:24 PM
Quote:
Originally Posted by eh777
People are already offering me odds, so ill take those odds with an amount that's worth betting, why would I take a worse offer? And what does my profile have to do with anything?
Well usually your profile has to do with who you are.
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04-15-2013 , 12:27 PM
Well I apologise for not giving out every detail of my life.
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04-15-2013 , 12:28 PM
Quote:
Originally Posted by eh777
People are already offering me odds, so ill take those odds with an amount that's worth betting, why would I take a worse offer? And what does my profile have to do with anything? Like i've said, I have no free money - so I play poker, and not $3 games.
Please link to where people are offering you better odds with no escrow. You are a f&*k#*& idiot.
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04-15-2013 , 12:28 PM
Quote:
Originally Posted by DefendTheCult
Well usually your profile has to do with who you are.
Sometimes people are FOS in their profiles though. In eh777's case, he is apparently a hedge fund manager who only claims to play $3 tournaments because he doesn't want to speak too highly of himself in profiles.
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04-15-2013 , 12:31 PM
Excuse me if I only thought my poker was relevant on this poker forum. I've never once said I'm some multi millionaire investor, I said that when I free up money, I'll make a decent bet.

Oh please believe me internet strangers!
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04-15-2013 , 12:31 PM
Quote:
Originally Posted by RaineTech
Sometimes people are FOS in their profiles though. In eh777's case, he is apparently a hedge fund manager who only claims to play $3 tournaments because he doesn't want to speak too highly of himself in profiles.
haha this could be true.
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04-15-2013 , 12:48 PM
Quote:
Originally Posted by eh777
when I free up money, I'll make a decent bet.
There is no need to free up your (imaginary) money when you are offered a bet with NO ESCROW. Please quote the "better odds" you were offered.
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04-15-2013 , 12:48 PM
Quote:
Originally Posted by eh777
Excuse me if I only thought my poker was relevant on this poker forum. I've never once said I'm some multi millionaire investor, I said that when I free up money, I'll make a decent bet.

Oh please believe me internet strangers!
You do realize that the reason everybody here hates you is because of the way you come off in what you say. In almost all of your statements against bitcoin (which btw, it is fine to believe bitcoin won't succeed, others in here have said the same without receiving the scorn that you do) you are very undermining. You portray this "holier than thou" attitude as if to somehow undermine us and make yourself appear better than everyone else. This is compounded with your incredible bias that you attempt to prove only through unconvincing media outlets with links to people who probably even know less about bitcoin than you do. If you'd just learn to ease up a bit, people would be more receptive to your ideas.
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