Bitcoin Forum

Economy => Economics => Topic started by: Slingshot on October 29, 2014, 12:59:15 AM



Title: Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
Post by: Slingshot on October 29, 2014, 12:59:15 AM
 
 Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
http://insidebitcoins.com/news/bitcoin-a-better-store-of-value-than-the-currencies-of-mismanaged-economies/25605


My thoughts:

 Bitcoin is a vastly better Store of Value than ANY DEBT-BASED Fiat Currency could ever hope to be.


 Many millions already agree:
---------------------------------
Bitcoin is the best Store of Value "currency" that money can buy, and much, much more!


 The better one understands Bitcoin the more so one will understand why we state such things!


 Of course then we have our central banker foes that insist it just isn't so.  But then what else should we expect from
the likes of lying, cheating, thieving, manipulating, loser, failures like wickedly evil central bankers, and of course from
all their complicit agents, sock puppets, shills and trolls? (Some of which are even right here at bitcointalk.org, trying in
pure vain to fight a losing keyboard war against a vastly superior foe named Bitcoin).

  And after all, their central banking FAILURES requiring constant COUNTERFEITING. And their sock puppets, shills and
trolls all require massive, repeating BAILOUTS, BACKSTOPS, & GUARANTEES. Plus ten's of trillions in secret BAILOUTS.
Plus of course REWARDING all the LOSER sock puppets, shills and trolls with BONUSES for their Failures. And ever more
endless COUNTERFEITING to keep them from bailing out on their central banking masters and thus crashing the global
markets.

yea...

Bitcoin is a big part of the Future!
 

 


Title: Re: Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
Post by: hua_hui on October 29, 2014, 03:12:13 AM
when the economy is facing some downturn, bitcoin will show it is a way of storing value, and the ppl will realize the fact.


Title: Re: Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
Post by: jcoin200 on October 29, 2014, 11:14:50 AM
I dont think anyone right now is saying its "vastly better."  Yes its an alternative, but for the time being its future is very uncertain.  Price could go way way down and stabilize at $100 for all you know.  Until then, its price increase has been in large part due to fraud and manipulation at Gox.


Title: Re: Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
Post by: aljunking on October 29, 2014, 01:27:01 PM
when the economy is facing some downturn, bitcoin will show it is a way of storing value, and the ppl will realize the fact.

I hope bitcoin can be used in third world countries so that we will not be going down with the economy.


Title: Re: Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
Post by: Q7 on October 29, 2014, 01:48:35 PM
It depends on when you enter the game. For those who bought in early, it is only sensible to hold on to it longer. There is still a lot of uncertainty but the future sure looks bright


Title: Re: Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
Post by: Slingshot on October 31, 2014, 03:28:11 AM
 Soon 1 bitcoin will be more valuable than an ounce of pure gold.

 Even Greenspan finally agrees that it's time to buy gold and not keep supporting failed economic policies and
mismanaged government budgets.


 GREENSPAN: QE Has Not Worked, buy gold
 http://www.businessinsider.com/greenspan-qe-has-not-worked-2014-10
 http://www.cnbc.com/id/102136750


 The only REAL Money is gold, silver, and bitcoins.
================================


 The dollar, yuan, euro, yen, pound, francs, and others are merely PHONY, PRETEND monies that all require
near constant counterfeiting (inflating away) because there all severely flawed being DEBT-BASED currencies
that always end being worth exactly zero. Of course their all the worst stores of values (currencies) that
consistently rob savers of their savings through the ravages of inflation (theft by insidious inflation).

 Where as REAL MONEY (gold, silver, and bitcoins) never robs their savers through the ravages of inflation in
the longer term.


 





Title: Re: Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
Post by: pattu1 on November 01, 2014, 01:46:42 AM
I agree that it is going to be a better store of value in the long run and will probably stabilize at some level.
The problem is for people who enter in when there are bubbles. They might not find it to be a good store of value.


Title: Re: Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
Post by: DhaniBoy on November 01, 2014, 04:20:37 AM
this time can still be a keeper bitcoin exchange rate treasure we collect to use in the future, hope bitcoin exchange rate can go up and more stable, so as to collect the bitcoin somewhat old age we will be helped in terms of funds ...  8)


Title: Re: Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
Post by: Q7 on November 01, 2014, 10:13:51 AM
I dont think anyone right now is saying its "vastly better."  Yes its an alternative, but for the time being its future is very uncertain.  Price could go way way down and stabilize at $100 for all you know.  Until then, its price increase has been in large part due to fraud and manipulation at Gox.

Couldn't agree more. The paper money system is in a mess, we all know that. Since there is no way out, Bitcoin presents another another good option. I wouldn't trust my entire savings into but would rather diversify. Real estate and gold would be the other alternatives


Title: Re: Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
Post by: worle1bm on November 04, 2014, 02:03:55 AM
Bitcoin is another means of of storing value, that's about it.


Title: Re: Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
Post by: DigitalCurrencyConsultant on November 04, 2014, 02:15:47 AM
having a nice diverse amount of fiat, metals, bitcoin and alternatives crypto is always a great idea... but 100@% stupid to be all in as some people say... fiat is more stable


Title: Re: Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
Post by: pattu1 on November 05, 2014, 12:20:29 AM
having a nice diverse amount of fiat, metals, bitcoin and alternatives crypto is always a great idea... but 100@% stupid to be all in as some people say... fiat is more stable

People whose purchasing power has been eroded because of inflation wouldn't agree that fiat is more stable.


Title: Re: Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
Post by: yvv on November 05, 2014, 12:25:41 AM
Oh yes, when the value of asset decreases by a factor of 3 in one year, this is truly perfect store of value :lmao:


Title: Re: Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
Post by: pattu1 on November 06, 2014, 12:28:28 AM
Oh yes, when the value of asset decreases by a factor of 3 in one year, this is truly perfect store of value :lmao:

As they say, you need to have a long term view.  :)


Title: Re: Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
Post by: brian_23452 on November 06, 2014, 03:50:02 AM

 Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies
http://insidebitcoins.com/news/bitcoin-a-better-store-of-value-than-the-currencies-of-mismanaged-economies/25605


My thoughts:

 Bitcoin is a vastly better Store of Value than ANY DEBT-BASED Fiat Currency could ever hope to be.


 Many millions already agree:
---------------------------------
Bitcoin is the best Store of Value "currency" that money can buy, and much, much more!


 The better one understands Bitcoin the more so one will understand why we state such things!


 Of course then we have our central banker foes that insist it just isn't so.  But then what else should we expect from
the likes of lying, cheating, thieving, manipulating, loser, failures like wickedly evil central bankers, and of course from
all their complicit agents, sock puppets, shills and trolls? (Some of which are even right here at bitcointalk.org, trying in
pure vain to fight a losing keyboard war against a vastly superior foe named Bitcoin).

  And after all, their central banking FAILURES requiring constant COUNTERFEITING. And their sock puppets, shills and
trolls all require massive, repeating BAILOUTS, BACKSTOPS, & GUARANTEES. Plus ten's of trillions in secret BAILOUTS.
Plus of course REWARDING all the LOSER sock puppets, shills and trolls with BONUSES for their Failures. And ever more
endless COUNTERFEITING to keep them from bailing out on their central banking masters and thus crashing the global
markets.

yea...

Bitcoin is a big part of the Future!
 

 

It isn't that what you said is necessarily wrong per say.  Just your entire argument seems to be, "bitcoin is better, and if you understood bitcoin you would agree.  If you don't agree, than you don't understand bitcoin or are a lying thieving cheating loser banker".  Highly circular and devoid of any kind of factual reasoning.