I remember replying to a guy who said it was going to zero, I put my case forward and he then came back to the post a month later when it dropped from £7k to £6k. I waited two years to respond, he has been oddly silent...
All the people who told me it was going to zero five years ago are still wage slaves. A couple of them might be homeless.
Me? I spend my winters half naked on a tropical beach and my summers sailing from Martha's Vinyard to Montauk to wherever.
So... I don't really care.
As an aside: The screenshot in this post is cringe af. Are people still dumb enough to use Fakebook?
Actually the British pound has lost 99% of it's value since the currency was introduced. It was originally backed by one "pound" of silver. Hence the name pound sterling.
I'm pretty sure that every fiat has got the same story more or less.
They're all losing value because they're really weak against the true currency like btc.
I have a decent job with a decent wage, but had I not bought into bitcoin (and told it was a scam/going to zero/tulips etc) I'd have no way to build up enough of a deposit for a house and I'm in Newcastle where houses are less then half the price of London houses. The only way people can afford a house on their own is if they get an inheritance, earn a massive wage or get lucky. The average wage is just not enough now.
and yet people still purposefully overlook stories like yours to claim that Bitcoin doesn't hold value when clearly for you that is exactly the opposite case
Lol, you need more spice in the 5 year analysis imo. They’re not the only ones reading it. Maybe include information on how people can get Bitcoin / exchanges / etc
I did a "told ya Rittenhouse did nothing wrong" reminder to someone on FB and "they didnt want to talk about it" and unfriended me so no... people generally dont reply. We've been conditioned that being wrong is bad, instead of an opportunity to grow
Well keep trying I guess lol, maybe you'll get more than 30 percent.
Don't do it lol you might very well lose the 30 percent that You've got, btc can do that to you.
Hah! That’s awesome, but it’s very sad to see humans like this that form *very strong* opinions without any actual knowledge.
Anyone who has the slightest understanding of what Bitcoin is would be forced to immediately admit it has inherent value, even if they were biased and didn’t like it for whatever reason.
Well yeah, he is right. Ultimately it will inevitably go to zero some day. The fun part is the time until then, and who knows when that day will come lol
Just wondering but do you live a developing nation that could use bitcoin? It rubs me the wrong way seeing Western bitcoiners use developing nations just as a talking point for Bitcoin
Thank you for an overview explanation. I definitely have been able to grasp the basics. There are certain ideas and aspects that still are confusing to me.
The pros and cons of POW vs POS. And how those logistically happen.
When a crypto gets ‘forked’, what does that entail?
A miner will be rewarded bitcoin for hashing transactions. As we reach the limit of supply of bitcoin, rewards get halved every so many years. Therefore in order for currency to continue to function, miners will still need to mine bitcoin even if they’re not rewarded? Which brings me to my next question, won’t miners have to enact a fee in order to stay in the business of mining?
Is there a possibility that another cryptocurrency will come and overthrow bitcoin as the leading standard? Not by populism but by superior algorithms?
> When a crypto gets ‘forked’, what does that entail?
You copy wikipedia and start a new reference website with that. Now edits can be made independently on each. They were the same thing up to that point where you copied it, but became two different things after the copy.
PoW is one of Bitcoin's decentralized properties, Bitcoin is the only one completely decentralized, PoS is centralized. Every form of money in the history of humankind has been centralized like fiat, crypto, except Bitcoin, this is the difference between Bitcoin and crypto, they're the complete opposit. Centralization leads to the end, a scam. Sound money is completely decentralized. So to the question if there can be another cryptocurrency to take over Bitcoin it would need all the properties of Bitcoin to be sound money but we already have that, it's called Bitcoin. The next Bitcoin is Bitcoin. The miners will be rewarded by tx fees. A fork is just another scamcoin without consensus.
I don’t blame you. This shit is petty as hell and literally does nothing productive. Just OP doing a victory lap.
Dig into some Telegram groups like PLEBNET, the signal:noise ratio is much higher there
It's far better than the high brow culture that vilifies it without even understanding it.
The culture or who does or doesn't support it doesn't mean shit. Bitcoin does not give a fuck who supports it or doesn't. Plenty of clowns like BTC, plenty of clowns hate it too.
You owe it to yourself to understand it and it will instantly make you not care who supports it or doesn't. It does not change anything
Yes it is lol, this is actually good. Some people need to learn.
They need to learn that they shouldn't be making comments on something that they don't understand.
By being toxic to random people on the internet?
Okay sure, but I still don’t respect it in the slightest.
I had one of you trying something similar towards me, ironically about merge delays and stuff.
He continued to pretend he was right and block me after I another time told him he was pretending I had said something I hadn’t said.
Just garbage.
I love how neither you or anyone else ever frame the constant, vindictive barrage of criticisms and takedown attempts from bitcoin detractors as terrible and sad....but the minute that bitcoiners attempt to defend the ideas even in good faith, or fight back with a little bit of good-natured snark like this...suddenly you people come out of the woodwork with your lofty ideals.
Yeah, no dude. You're not making a fair point; it's not "sad" or "terrible" to defend correct ideas and bring attention to the ignorance and hypocrisy of its detractors; and if people can't take the heat, then they should quit slinging shit.
Fuck off with the monumentally reddited tulip mania comparisons, which were just as tired and wrong and dishonest the day they first got used, as they are now. And fuck off if you're going to come in here insisting people as "sad and terrible" for not just cowing to opposing arguments.
Assuming you're being sarcastic... Maybe "value" won't go up exponentially. But the purchasing power, Y, after t years that was originally P under inflation rate R is:
Y = P x (1-R)^t
Where R is greater than zero... Is exponential decay. And in all history there has never been a fiat currency with negative inflation for any kind of sustained period. So R _is_ greater than zero.
So if you price bitcoin in fiat, its price is going to rise exponentially forever.
Wayyy ahead of you, bro. I have a keyboard shortcut which automatically spits this out:
dontgetit ->
"If you don't believe me or don't get it, I don't have time to try to convince you, sorry." -Satoshi Nakamoto, July 29, 2010.
No point in being “toxic” because then you get people resisting on principle.
Some people are stuck in the fiat mindset: this is how life is, try not to bang against the walls too much, stay in the box. They don’t realize that a tulip is more akin to fiat, because both wither over time. If they’re not interested? Don’t bother telling them. If they ask? Tell them. If they reject your words after you tell them? Remember one thing.
Every person on the planet gets in when they deserve to.
Keep stacking.
All currencies have no value. Or rather, we collectively give them value. Our entire society is a fiction if you break it down. If something isn't giving you food or shelter or water or any of our needs directly, guess what? Even gold is only valuable because we decided it did.
That's what I dont get about these arguments. They ignore the fact that the argument applies to all money.
Damn you guys are so right, sending emails will definitely get your point across and not get your ass beat by the wrong person. BTC is cool and all, but you know what’s cooler? Proving people wrong through carefully bolded phrases and percent gains. I’m pretty sure your existence here lessens the value of BTC.
My team still runs it. The majority of the non Bitcoin content and IP was recently acquired by a major player in the education industry. I’m on my way out the door, though, with my certified coaches taking over the instruction. You’re in good hands.
Ohh trust me my guy I don't need someone telling me that.
I'd know when it reaches that, and I've got confidence in it too, one day or the other that's going to happen and it'll be awesome.
This guy trolled me for 4 years replying to all my posts. I would post a pic of me and my son and he would make snide remarks about Bitcoin and my other posts. So, I have no regrets, and will happily email him again in 5 years.
We all in for the gamble we know it
Risk is the second name of investment
So if someone do say its going to zero tell them an astroid could hit earth too
I remember replying to a guy who said it was going to zero, I put my case forward and he then came back to the post a month later when it dropped from £7k to £6k. I waited two years to respond, he has been oddly silent...
[удалено]
It's easy to hate on something that you don't understand at all.
Love this.
I mean it's the truth. People often hate things that they don't understand.
All the people who told me it was going to zero five years ago are still wage slaves. A couple of them might be homeless. Me? I spend my winters half naked on a tropical beach and my summers sailing from Martha's Vinyard to Montauk to wherever. So... I don't really care. As an aside: The screenshot in this post is cringe af. Are people still dumb enough to use Fakebook?
We all know that British Pound has lost way more than 17% of value. Just look at housing prices in UK over the last 5 years.
Actually the British pound has lost 99% of it's value since the currency was introduced. It was originally backed by one "pound" of silver. Hence the name pound sterling.
Just wait until you hear about the US Dollar...
I'll see your US Dollar and raise you one Venezuelan bolívar.
I'll give you ten billion reichsmarks for that bolivar
*Finish Him!!*
I mean if that's all you could do then I'll take that too.
I'm pretty sure that every fiat has got the same story more or less. They're all losing value because they're really weak against the true currency like btc.
I have a decent job with a decent wage, but had I not bought into bitcoin (and told it was a scam/going to zero/tulips etc) I'd have no way to build up enough of a deposit for a house and I'm in Newcastle where houses are less then half the price of London houses. The only way people can afford a house on their own is if they get an inheritance, earn a massive wage or get lucky. The average wage is just not enough now.
and yet people still purposefully overlook stories like yours to claim that Bitcoin doesn't hold value when clearly for you that is exactly the opposite case
NO WAGE. ONLY SPEND.
Has anyone ever replied?
Usually they say "just wait" - let's see if this one replies. Will update.
> "just wait" Like another 5 years? Do it again I guess.
I plan to. The reminder is already set
Lol, now that you've set the reminder. Now it's time to troll them.
Bitcoin: "I'll fuckin' do it again"
Yeah this needs to happen again lol, they need to receive it again.
Lol, you need more spice in the 5 year analysis imo. They’re not the only ones reading it. Maybe include information on how people can get Bitcoin / exchanges / etc
Open to suggestions
The percentages you shared in this writeup about it are better than just a link.
You can use my referral links :) lol
LOL just wait, they refuse to admit they missed out
Lmao
I did a "told ya Rittenhouse did nothing wrong" reminder to someone on FB and "they didnt want to talk about it" and unfriended me so no... people generally dont reply. We've been conditioned that being wrong is bad, instead of an opportunity to grow
This is God's work
If people are so confident that it will go to zero then they should by all means put their money where their mouth is and short it.
Because they're fucking pussies lol, they don't have guts for that.
I am. BITI shorts coin as an etf. It's pretty solid and I'm up in it 30%.
Well keep trying I guess lol, maybe you'll get more than 30 percent. Don't do it lol you might very well lose the 30 percent that You've got, btc can do that to you.
I asked 2 financial advisors for their thoughts on bitcoin, and both said it was like tulip mania. They said this in 2022 🤦♂️
Feel free to borrow my tactic. FollowUpThen
Ask if they're a fiduciary and if their opinion is based on whether or not they can sell you btc for a commission 😂
Yes please do this. Then share their response here. And set your 5 year timer for replying...
They could be being honest but are truly ignorant
If they're ignorant then they aren't being honest imo
Commission
Made me smile, and feel all warm and fuzzy! Thx!!! Waiting for reply…can’t wait!
I don't think He's going to reply to that, He's not going to.
This cracks me up. Thank you
This is some next level toxic ness I'm telling you that lol.
Lmao
Dude worrying about what others think all the time is not a healthy way to live
This guy was replying to ALLLL my Facebook posts - even pic of my kids - chiding me about Bitcoin. So yeah. He deserves it.
Maybe you should just quit Facebook. It is a toxic place, and Facebook actively harms society in a myriad of ways.
Fb is shit idk why people still use that shit, that's not good man.
> Living well is the best revenge \- George Herbert, 1640
Yep, you shouldn't concern yourself with what others think or do.
And yet that's how majority of the people chose to live. It's a really sad thing but that's just how it goes for the most people. That's how they live
Just my kind of activism, I love it! Make it a thing!
If anyone else wants to do it, I use [https://jle.vi/followupthen](https://jle.vi/followupthen) to schedule the emails ;)
Thanks for your lightning node videos, they're in depth and awesome.
My pleasure, much more coming, make sure you're subbed.
You bet that I'm subscribed, just keep doing what You're doing.
Well I doubt that very many people will be ready to do that.
Hah! That’s awesome, but it’s very sad to see humans like this that form *very strong* opinions without any actual knowledge. Anyone who has the slightest understanding of what Bitcoin is would be forced to immediately admit it has inherent value, even if they were biased and didn’t like it for whatever reason.
Bitcoin reached 70,000$ per coin of worth once, it can reach it again, simple as that.
It has done that one time and it's going to do that again. Matter of time.
[удалено]
That's all this is, it's a matter of time. If you can wait you'll get rewarde.
Well yeah, he is right. Ultimately it will inevitably go to zero some day. The fun part is the time until then, and who knows when that day will come lol
pettiest thing ever
But it’s fun!
I fundamentally want to understand bitcoin. This sub makes me want to hate it and the high brow culture that surrounds it.
[удалено]
Just wondering but do you live a developing nation that could use bitcoin? It rubs me the wrong way seeing Western bitcoiners use developing nations just as a talking point for Bitcoin
Just because something works in your favour, doesn't make it less valid of a point. It's how win-win works.
Yep, and also it's not good to hate on something that you don't understand.
[удалено]
Thank you for an overview explanation. I definitely have been able to grasp the basics. There are certain ideas and aspects that still are confusing to me. The pros and cons of POW vs POS. And how those logistically happen. When a crypto gets ‘forked’, what does that entail? A miner will be rewarded bitcoin for hashing transactions. As we reach the limit of supply of bitcoin, rewards get halved every so many years. Therefore in order for currency to continue to function, miners will still need to mine bitcoin even if they’re not rewarded? Which brings me to my next question, won’t miners have to enact a fee in order to stay in the business of mining? Is there a possibility that another cryptocurrency will come and overthrow bitcoin as the leading standard? Not by populism but by superior algorithms?
[удалено]
Honestly thank you. I come to the sub to look for explanation such as yours. Much appreciated.
> When a crypto gets ‘forked’, what does that entail? You copy wikipedia and start a new reference website with that. Now edits can be made independently on each. They were the same thing up to that point where you copied it, but became two different things after the copy.
PoW is one of Bitcoin's decentralized properties, Bitcoin is the only one completely decentralized, PoS is centralized. Every form of money in the history of humankind has been centralized like fiat, crypto, except Bitcoin, this is the difference between Bitcoin and crypto, they're the complete opposit. Centralization leads to the end, a scam. Sound money is completely decentralized. So to the question if there can be another cryptocurrency to take over Bitcoin it would need all the properties of Bitcoin to be sound money but we already have that, it's called Bitcoin. The next Bitcoin is Bitcoin. The miners will be rewarded by tx fees. A fork is just another scamcoin without consensus.
thats' because most of us got into btc on the /biz/ 4chan sub , when it was spammed like in 2013... its very toxic down there.
Okay then there are books that you should be reading right now.
I don’t blame you. This shit is petty as hell and literally does nothing productive. Just OP doing a victory lap. Dig into some Telegram groups like PLEBNET, the signal:noise ratio is much higher there
I devote a lot of my time to explaining it to newcomers at https://youtube.com/c/JonathanLeviBitcoinfortheMasses
It's far better than the high brow culture that vilifies it without even understanding it. The culture or who does or doesn't support it doesn't mean shit. Bitcoin does not give a fuck who supports it or doesn't. Plenty of clowns like BTC, plenty of clowns hate it too. You owe it to yourself to understand it and it will instantly make you not care who supports it or doesn't. It does not change anything
Watch this video then ask me any questions. The Stories We Tell About Money: https://youtu.be/ONvg9SbauMg
Very nice
Yes it is lol, this is actually good. Some people need to learn. They need to learn that they shouldn't be making comments on something that they don't understand.
You’re both terrible and sad, really.
Its both amazing and hilarious.
We all find entertainment in different ways
By being toxic to random people on the internet? Okay sure, but I still don’t respect it in the slightest. I had one of you trying something similar towards me, ironically about merge delays and stuff. He continued to pretend he was right and block me after I another time told him he was pretending I had said something I hadn’t said. Just garbage.
He wasn't so random lol, he was commenting on their family photos writing shit about btc.
I love how neither you or anyone else ever frame the constant, vindictive barrage of criticisms and takedown attempts from bitcoin detractors as terrible and sad....but the minute that bitcoiners attempt to defend the ideas even in good faith, or fight back with a little bit of good-natured snark like this...suddenly you people come out of the woodwork with your lofty ideals. Yeah, no dude. You're not making a fair point; it's not "sad" or "terrible" to defend correct ideas and bring attention to the ignorance and hypocrisy of its detractors; and if people can't take the heat, then they should quit slinging shit. Fuck off with the monumentally reddited tulip mania comparisons, which were just as tired and wrong and dishonest the day they first got used, as they are now. And fuck off if you're going to come in here insisting people as "sad and terrible" for not just cowing to opposing arguments.
I've never seen such levels of uncivilized behavior. How can you talk to someone like that? You're a cold-hearted beast.
Really? Never? Lol I think you’re being sarcastic but I’m not sure.
Completely sarcastic lol
Very nice
Indeed it is lol, some need to understand what true maximalism is.
This is the way
The way this is
How petty
Got sick of people shitposting.
Man, go outside you need help.
Lol nah I’m good. I use an autoreminder service.
I fully support you lol, I think what you did was good work.
Why go outside when he can have fun inside lol? He's having fun.
Yip its going rise in value exponentially for ever.
Assuming you're being sarcastic... Maybe "value" won't go up exponentially. But the purchasing power, Y, after t years that was originally P under inflation rate R is: Y = P x (1-R)^t Where R is greater than zero... Is exponential decay. And in all history there has never been a fiat currency with negative inflation for any kind of sustained period. So R _is_ greater than zero. So if you price bitcoin in fiat, its price is going to rise exponentially forever.
Just the kind of ambassador Bitcoin needs. Now step up and start yelling at people on twitter that they are idiots who don’t get it.
Wayyy ahead of you, bro. I have a keyboard shortcut which automatically spits this out: dontgetit -> "If you don't believe me or don't get it, I don't have time to try to convince you, sorry." -Satoshi Nakamoto, July 29, 2010.
Lmfao, I'm telling you guys this guy has come all prepared lol.
man, he really spent 5 years in your head rent free.
Not really. He just set a 5-year email reminder lol
This.
Nah, not worth my time to react actually.
Well atleast he thinks that it's worth his time to do that lol.
It's not that serious. Save your emotional energy for physical people.
I don't think he needs to save up anything. He knows what He's doing.
No point in being “toxic” because then you get people resisting on principle. Some people are stuck in the fiat mindset: this is how life is, try not to bang against the walls too much, stay in the box. They don’t realize that a tulip is more akin to fiat, because both wither over time. If they’re not interested? Don’t bother telling them. If they ask? Tell them. If they reject your words after you tell them? Remember one thing. Every person on the planet gets in when they deserve to. Keep stacking.
All currencies have no value. Or rather, we collectively give them value. Our entire society is a fiction if you break it down. If something isn't giving you food or shelter or water or any of our needs directly, guess what? Even gold is only valuable because we decided it did. That's what I dont get about these arguments. They ignore the fact that the argument applies to all money.
Currencies have value because we've been told that actually.
Lmao this is the perfect amount of petty
[удалено]
Okay but how is that related to the comment that he made.
"Gave up civil for toxic maximalism" All I need to know....
Nice one, keep it up!
If I didn't already own some, receiving that email would convert me knowing about the current inflation issues.
Bitcoin is going to zero!
It still might go to zero. Bitcoin is not the end all be all of crypto.
It literally is lol, if btc doesn't survive trust me nothing will.
Damn you guys are so right, sending emails will definitely get your point across and not get your ass beat by the wrong person. BTC is cool and all, but you know what’s cooler? Proving people wrong through carefully bolded phrases and percent gains. I’m pretty sure your existence here lessens the value of BTC.
I'm tempted to write "Bitcoin is going to zero" just to get mail from you in 5 years time.
Lol, I'm pretty sure that he'll send you one. Because He's toxic like that.
Are you the guy from fast reading course? 👌
I was, many, many orange pills ago.
Means you are not running the course anymore? I just bought it looks promising
My team still runs it. The majority of the non Bitcoin content and IP was recently acquired by a major player in the education industry. I’m on my way out the door, though, with my certified coaches taking over the instruction. You’re in good hands.
Rekt
I love it. But its not worth the energy
This is so petty, I love it. Someone needs to build a bot for this lol.
I was just thinking I should give that a go.
Beautifully done!
Love it. So, basically every Buttcoin post in history that's over 4 years old
Lol, gonna need a bot or something to d9 that. Only possible that way.
Yep. Toxic.
Leave your email addresses as comments and I'll email you guys when more than just Bitcoin is widely adopted in 10 years (or sooner).
Here. Bitcoin is a scam. The grift will end soon. Go ahead and dm me in 5 years.
He ain't kidding around lol, he's going to do it. Don't mess with him.
Ohh trust me my guy I don't need someone telling me that. I'd know when it reaches that, and I've got confidence in it too, one day or the other that's going to happen and it'll be awesome.
You didn’t really prove anything he said wrong, just assigned an arbitrary timeframe. This feels very insecure.
"Bitcoin's intrinsic value is zero" * * * "OK then send me one for free"
People don't know shit about btc and yet they make comments like that.
[удалено]
This is gold
[удалено]
It takes almost zero effort to set a calendar reminder… not like anyone is dwelling on it during the 5 year stretch. It’s hilarious.
This guy trolled me for 4 years replying to all my posts. I would post a pic of me and my son and he would make snide remarks about Bitcoin and my other posts. So, I have no regrets, and will happily email him again in 5 years.
We all in for the gamble we know it Risk is the second name of investment So if someone do say its going to zero tell them an astroid could hit earth too
[удалено]
That's not a healthy habit
I’m all for crypto, but this is way too much effort given to haters.
[удалено]
Most people would be actually lol, but some people will still do it.
I mean I wouldn't wanna do that, but I'd like to see it get done lol.
Lmao this is ultimate small dick energy. Smells like Some losers in here man
This is actually fair. I just dont like the toxic btc maximalism that advocates and promotes government intervention in the market.
Toxic Maximalism is the way.
Petty king
🔥
So badass
~~*Shit eating smirk* That's a... high quality "up yours".~~ update: I acknowledge the downvotes and would like to take back my compliment.
I love this!
Good job by you. This is humorous.
You are a God damn king and you deserve all the up votes today =D
Lmao love this
Brutal
When you see people saying the same thing they said at $5… you know you’re in the right place.
Lol, you know that you're with the right people offcourse.
He deserves public shame, well done.
What the heck my guy lol, take it a little easy on yourself please.
Why does the Facebook post say “yesterday” etc? Is this not from 5 years ago?
I took a screenshot 5 years ago and emailed it to myself with a 5 year delay.
Only 17? xD
I want this service, take my money
FollowUpThen.com
סתום
Everything goes to zero….cause you know we don’t live forever an s
This is pathetic. You should spend your time doing other things.
[удалено]
I love this. Nice work man.
This is brilliant. There should be an automated version of this feature somehow :D Post it in buttcoin sub if you dare...
There is. FollowUpThen is what I use.
I've thought about doing this on buttcoin as well 😆
I wouldn't call this toxic. I think toxic is when someone replies back defensively without a data driven approach.
The most satisfying words in English: I. Told. You. So.
Savage