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Bitcoin: I am a time-traveler from the future, here to beg you to stop (2013)

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Re: Bitcoin: I am a time-traveler from the future, here to beg you to stop (2013)

#33

Will bitcoin worths $100.000 on 2019? I mean, seriously.

That's $100,000 for anybody who's not insane. Seriously, why use the "decimal point" as a digit separator? You might as well start using Roman numbers too!

Nice US imperialism you got going there

Re: Bitcoin: I am a time-traveler from the future, here to beg you to stop (2013)

#34
post #11

"I have no way of proving to you" well what about some events from "your past" and our future? like what big will happen in 2018? anyways fun read

If I suddenly dropped you in Poland on June 11, 1371, how would you go about convincing a reasonably well-informed person that you're from the future?

This guy claims to be from our culture ~20 years in the future. Your question seems to be something like "Yeah, but what if everything was completely different?"

Not terribly relevant in this case since I doubt anybody is even remotely fooled, but more interesting in the Jon Titor case, where I think many people were (albeit with a certain amount of willingness). He kept his predictions close to his chest and tried to play off any inaccuracies as issues with "alternate realities", but if that is true and you're not even in your own past anyhow there really wasn't very much reason not to be far more free with the details of the timeline that we may not even be in.

Re: Bitcoin: I am a time-traveler from the future, here to beg you to stop (2013)

#36
post #33

Earlier quoted context omitted.

That's $100,000 for anybody who's not insane. Seriously, why use the "decimal point" as a digit separator? You might as well start using Roman numbers too!

Nice US imperialism you got going there

I'm not even American! This is akin to Americans putting the month before the date in MMDDYYYY.

Re: Bitcoin: I am a time-traveler from the future, here to beg you to stop (2013)

#37
"Economic growth today is about -2% per year. Why is this? If you own more than 0.01 Bitcoin, chances are you don't do anything with your money. There is no inflation, and thus no incentive to invest your money."

See, if you don't invest your money you simply make everyone elses money more valuable, until someone actually does invest it.

You need to stop looking at money and start looking at resources, time, etc.. Those stay the same, no matter how much money is spent.

"Just like the medieval ages had no significant economic growth, as wealth was measured in gold, our society has no economic growth either, as people know their 0.01 Bitcoin will be enough to last them a lifetime."

You know the Industrial Revolution happened when wealth was measured in gold.

Do I really need more excuses to stop reading this bullshit?

Re: Bitcoin: I am a time-traveler from the future, here to beg you to stop (2013)

#39
post #9
post #4

If I were a time-traveler from 2025 to 2013, and things were roughly as described, you can bet I would go straight to Reddit and tell, in lurid detail, the tale of this digital dystopia. Not because I expect it to change the outcome. Time travel doesn't work like that. No, I would do it because I would need to do it -- because in a sense, I had already done it. I would, in all likelihood, already be aware of having d…

These sort of arguments seem to solidify the notion that time-travel is not possible in the current setup of the universe.

Travel back in time and travel faster than light are logically equivalent, and seem to be utterly impossible in our universe. “c” does seem to be the iron law, the speed of causality, but of course who knows? I don’t see a universe without causality having people in it though!

Re: Bitcoin: I am a time-traveler from the future, here to beg you to stop (2013)

#40
post #10

Will bitcoin worths $100.000 on 2019? I mean, seriously.

Well, when this was written in 2013, the numbers for 2015 and 2017 probably provoked the same response (haven't read through the Reddit thread to check it). That being said, I'm with you in doubting Bitcoin will ever be worth $100,000.

I'm expecting a 20k BTC before end of 2018. 100k BTC within 3 years.
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