Bitcoin currency of the future?

[JonesBones]

See what?

evidence. pictures. walk me through the process.

and you bought a penny stock like I said.

 

[Luminaire]

Ethereum crowdsale prices were $0.30/ETH

Ok fair enough.

So you bought Ethereum at 30 cents... and it's worth $780 or so now. Which equates to 260,000% as you stated.

So then $10 would be $26,000 / $100 would be $260,000 and so on.

If you got in on Ethereum at 30 cents, then you don't have much to worry about. I still would have sold half a month ago.

No shame in admitting I've never come remotely close to hitting that kind of return on any investment.

 

[xcvbn]

evidence. pictures. walk me through the process.

and you bought a penny stock like I said.

I bought into Vitalik Buterin's genius and you're nuts for requesting something like that

 

[xcvbn]

Ok fair enough.

So you bought Ethereum at 30 cents... and it's worth $780 or so now. Which equates to 260,000% as you stated.

So then $10 would be $26,000 / $100 would be $260,000 and so on.

If you got in on Ethereum at 30 cents, then you don't have much to worry about. I still would have sold half a month ago.

No shame in admitting I've never come remotely close to hitting that kind of return on any investment.

It wasn't until last year when Consesys, EEA, and the UN gave glimpses into just how real Ethereum and blockchain tech is. I've made good money and still own a sizeable piece of my initial investment but certainly I've sold over the years.

Now I can comfortably wait for the mainstream use cases to pour out. Once Ethereum finishes sharding and proof of stake then I'll likely sell a bit more

 

[Nik123]

Greeks and tons of cultures throughout history thought otherwise. There are no moral facts. Science deals with what is, not what should be.

Show me a source for 'tons of cultures' saying inflicting suffering on others is perfectly acceptable. There were specific ritualistic sacrificial practices (eg. Aztecs) and the obvious wartime killing - but the vast majority of religions and moral theories directly contradict what you are spewing.

'Science deals with what is, not what should be'. Errr, yes - and?

You were not talking about science, you were talking about 'moral systems'. So again, you have just contradicted yourself and are actually supporting my point.

 

[Deleted member 409801]

Ok fair enough.

So you bought Ethereum at 30 cents... and it's worth $780 or so now. Which equates to 260,000% as you stated.

So then $10 would be $26,000 / $100 would be $260,000 and so on.

If you got in on Ethereum at 30 cents, then you don't have much to worry about. I still would have sold half a month ago.

No shame in admitting I've never come remotely close to hitting that kind of return on any investment.

Few have , because its basically catching lightning in a bottle. The anger and the dickish'ness you see is because people get their sense of identity/ intelligence tied up in that kind of thing. Rather than being 89% luck and exposure its = " I must be the smartest motherfucker in the room , and youre an idiot if you dare impune my methods."

 

[Nik123]

So I take it you are also against Chicken Sandwiches... since that's what this is about, Der Fraudsbar brought up the holocaust as rationale for not tolerating Chicken Sandwiches or the people who eat them.

Yes. I have a generational antipathy towards chicken sandwiches.

 

[Luminaire]

Yes. I have a generational antipathy towards chicken sandwiches.

I suppose you will hold a high position in the inevitable vegan gulags.

 

[Nik123]

I suppose you will hold a high position in the inevitable vegan gulags.

I already do. In addition to my side of desk job as sherdog cryptocurrency purveyor.

 

[Luminaire]

Few have , because its basically catching lightning in a bottle. The anger and the dickish'ness you see is because people get their sense of identity/ intelligence tied up in that kind of thing. Rather than being 89% luck and exposure its = " I must be the smartest motherfucker in the room , and youre an idiot if you dare impune my methods."

I'm not mad at him. It's pretty incredible, and there's certainly quite a few people out there that managed to get in very early... and the temptation to sell has to be overwhelming along the way so fairly impressive he still has any at this point.

I'm sure he wishes he bought more at 30 cents lol.

I know a guy that threw 2k at Stellar at 2 cents and watched it turn into 78k in a month, and that shit happened last month.

I'm not sure how it's working out for him now tho because he was tossing money around so I'm sure this "crash" hit him somewhere... still, I'm sure he's WAY up overall.

 

[xcvbn]

Few have , because its basically catching lightning in a bottle. The anger and the dickish'ness you see is because people get their sense of identity/ intelligence tied up in that kind of thing. Rather than being 89% luck and exposure its = " I must be the smartest motherfucker in the room , and youre an idiot if you dare impune my methods."

Nah I just maybe get overly defensive when people come into cryptocurrency threads pretending to be geniuses with a general lack of knowledge on the topic. Or they try overlapping traditional financial analysis on crypto.

It irks me. Obviously it shouldn't but hey I'm an early adopter and surely it counts for something. Plenty of people sold entire stacks of crypto to take 2x profit over these years while I've believed in the tech and held.

I will say that I never imagined 4-5 years ago of crypto getting this big. I'd be too busy with a nose full of cocaine deep into super model ass if that were the case

Oh also I've seen guys like @JonesBones and @Der Eisbär over the years. It's really two opposite extremes and I really do understand where both come from. I get just like Jones when it comes to scam coins and just like eisbar when it comes to legit projects. It's important to find that middle ground and be reasonable(I'll admit I've gotten overzealous these last few pages and I apologize to Jones- you're not wrong to be skeptical dude but to be outright dismissive is)

 

[xcvbn]

I'm not mad at him. It's pretty incredible, and there's certainly quite a few people out there that managed to get in very early... and the temptation to sell has to be overwhelming along the way so fairly impressive he still has any at this point.

I'm sure he wishes he bought more at 30 cents lol.

I know a guy that threw 2k at Stellar at 2 cents and watched it turn into 78k in a month, and that shit happened last month.

I'm not sure how it's working out for him now tho because he was tossing money around so I'm sure this "crash" hit him somewhere... still, I'm sure he's WAY up overall.

Dude you have no idea but I try to be realistic. Nothing is for certain and some things are too good to be true. I've hedged along the way and in the process squandered potential millions, but hindsight is 20/20.

And yeah obviously I should have sold at this recent top but these things are fucking hard to time and it's so easy to get emotional day trading. Believe me over the years I've tried. At times I'd be up tons of ETH, then down, etc. It can become too much not to mention how complicated taxes can get when you have to report 10,000 trades on your tax return

 

[JonesBones]

Show me a source for 'tons of cultures' saying inflicting suffering on others is perfectly acceptable. There were specific ritualistic sacrificial practices (eg. Aztecs) and the obvious wartime killing - but the vast majority of religions and moral theories directly contradict what you are spewing.

'Science deals with what is, not what should be'. Errr, yes - and?

You were not talking about science, you were talking about 'moral systems'. So again, you have just contradicted yourself and are actually supporting my point.

You know that Genghis Khan is one of the most prolific breeders ever right? His genes spread far and wide. As far as anyone's. How did that happen? How did his genes spread? FORCE. POWER. Not by being nice, by raping and pillaging. That is all of history. Kings and Queens. Force. Power. Making your enemy bow to your will. That is who has bred most in history and those are the people we are descended from. They weren't good people.

an example of this opinion:

"I believe the common denominator of the Universe is not harmony, but chaos, hostility and murder."

-Werner Herzog

 

[Nik123]

You know that Genghis Khan is one of the most prolific breeders ever right? His genes spread far and wide. As far as anyone's. How did that happen? How did his genes spread? FORCE. POWER. Not by being nice, by raping and pillaging. That is all of history. Kings and Queens. Force. Power. Making your enemy bow to your will. That is who has bred most in history and those are the people we are descended from. They weren't good people.

So what exactly are you suggesting Bones...that genocide is good? Or that Genghis Khan is your moral compass? Or are you equating 'spreading your genes' successfully with what is morally right? A little confused as to what you are trying to say...

 

[JonesBones]

So what exactly are you suggesting Bones...that genocide is good? Or that Genghis Khan is your moral compass? Or are you equating 'spreading your genes' successfully with what is morally right? A little confused as to what you are trying to say...

I am saying that people who are most successful are not good people. You are acting like humans are good. It is a fuckin facade. Take away government and we are wild animals again. Rape murder. It's one shot away. Civilization is always hanging on by a thread.



And to quote the Tao:

When the Tao is lost, there is goodness.
When goodness is lost, there is morality.
When morality is lost, there is ritual.
Ritual is the husk of true faith, the beginning of chaos.



you probably have no idea what it means but I will post it anyway. being good is a ritual. nothing more. There is no good or bad in Tao. Tao is in everything. Only when you stray from Tao do you get morality ritual and chaos.

 

[Turtlejuice]

"Bringing up the holocaust is you admitting defeat" isn't an argument, and isn't logical in the slightest. Your pathetic attempts to dodge the question is you actually admitting defeat.

It doesn't have to be the holocaust. There are numerous other examples of suffering on a mass scale.

Were the communist gulags of Soviet russia not objectively wrong? I can keep doing this with more and more examples. But by all means keep up your pathetic attempts to dodge the question because the logical answer forces you to reevaluate your sad views on morality.

The block chain is going to make life better for all mankind. So no, it's not promoting suffering, quite the opposite.

I haven't dodged any question.

How is block chain going to make things better for mankind? Provide factual, peer reviewed sources.

Poor advice led to 1 man (at least) make poor investment choices. Said man killed himself as a direct result. Suffering. The family of that korean man now has to live with the loss of a loved one. Suffering. They may also now be responsible for the debt he accumulated. Suffering. Now according to you, 1 person eating meat is the same as the killing of millions of people, as they both cause suffering. Well, spreading poor information about bitcoin causes suffering.

Now, many medical and scientific advancements have come as a direct result of suffering. According to you, that is objectively wrong. So, take away that suffering, many medical advancements are now not made. That, by cause and effect, leads to more suffering. Which of those is morally correct?

 

[Nik123]

I am saying that people who are most successful are not good people. You are acting like humans are good. It is a fuckin facade. Take away government and we are wild animals again. Rape murder. It's one shot away. Civilization is always hanging on by a thread.



And to quote the Tao:

When the Tao is lost, there is goodness.
When goodness is lost, there is morality.
When morality is lost, there is ritual.
Ritual is the husk of true faith, the beginning of chaos.



you probably have no idea what it means but I will post it anyway. being good is a ritual. nothing more. There is no good or bad in Tao. Tao is in everything. And morality is the beginning of the end.

You seem a very confused little guy.

'I am saying most successful people are not good people'. Let me just stop you there. Firstly that is an opinion, not a statement of fact. In fact I would argue most successful people in history did have their own moral compass - and it did not involve inflicting suffering on others as a key driver.

Secondly, biological success (spreading your genes) is not the only type of success there is. In fact, most people today don't regard spreading genes as far and wide as they can as the primary evaluator of success.

Thirdly, because Genghis Khan was successful from a biological perspective, does not in any way support your original (asinine) statement.

So let’s summarise things to make it easier for you.

You started off with the following declaration .....'There is no evidence that a moral system should be based on suffering’.

I pointed out there is plenty, as history will show you.

Is that simple enough for you to follow, and can you admit that’s it’s not a good idea to go around throwing sweeping statements when you don’t really have a clue..

 

[SwamiLeoni]

Bitcoin thread devolves into a morality thread on Sherdog. Makes sense.

 

[ChucksGlassJaw]

You seem a very confused little guy.

'I am saying most successful people are not good people'. Let me just stop you there. Firstly that is an opinion, not a statement of fact. In fact I would argue most successful people in history did have their own moral compass - and it did not involve inflicting suffering on others as a key driver.

Secondly, biological success (spreading your genes) is not the only type of success there is. In fact, most people today don't regard spreading genes as far and wide as they can as the primary evaluator of success.

Thirdly, because Genghis Khan was successful from a biological perspective, does not in any way support your original (asinine) statement.

So let’s summarise things to make it easier for you.

You started off with the following declaration .....'There is no evidence that a moral system should be based on suffering’.

I pointed out there is plenty, as history will show you.

Is that simple enough for you to follow, and can you admit that’s it’s not a good idea to go around throwing sweeping statements when you don’t really have a clue..

Morality is often dictated by the victors. There's isn't much outcry for the fire bombings in Tokyo, or the obliteration of Hiroshima and Nagasaki. We were certainly morally wrong in all 3 of those attacks. Had the Nazi's won, maybe we'd be thanking them for eradicating those vile Jews, or some such nonsense.

 

[Nik123]

Bitcoin thread devolves into a morality thread on Sherdog. Makes sense.

It makes perfect sense......in the world of Jones Bones.

I’m just indulging him.