Bitcoin Forum

Other => Politics & Society => Topic started by: Blazin604 on January 18, 2015, 07:05:05 AM



Title: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: Blazin604 on January 18, 2015, 07:05:05 AM
The title says it all...the world is headed in a scary direction in 2015. How will the collapse of the us dollar and a world war effect the price of BTC?


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: Agestorzrxx on January 18, 2015, 07:40:34 AM
The title says it all...the world is headed in a scary direction in 2015. How will the collapse of the us dollar and a world war effect the price of BTC?
I don't think the us dollar will collapse.


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: Blazin604 on January 18, 2015, 12:50:53 PM
It will.


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: findftp on January 18, 2015, 02:46:59 PM
It will.
And it will happen this year, or in 2022 ;D
Damn, I must watch those back to the future movies again.


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: Spendulus on January 18, 2015, 03:14:17 PM
It will.
And it will happen this year, or in 2022 ;D
Damn, I must watch those back to the future movies again.

Funny you should mention that.  They are out on remastered blu ray and are awesome.



Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: findftp on January 18, 2015, 03:22:58 PM
It will.
And it will happen this year, or in 2022 ;D
Damn, I must watch those back to the future movies again.

Funny you should mention that.  They are out on remastered blu ray and are awesome.



I just downloaded all three of them. ;D
Gonna start this evening with part one.


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: hashman on January 18, 2015, 04:48:29 PM
The title says it all...the world is headed in a scary direction in 2015. How will the collapse of the us dollar and a world war effect the price of BTC?

If by "scary" you mean that there's a chance we could escape the dark ages, yeah it will be scary. 

Without fiat there can be no fiat-funded wars.  The long term averaged value of the btc will continue to go up regardless.


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: Blazin604 on January 18, 2015, 04:58:25 PM
The title says it all...the world is headed in a scary direction in 2015. How will the collapse of the us dollar and a world war effect the price of BTC?

If by "scary" you mean that there's a chance we could escape the dark ages, yeah it will be scary. 

Without fiat there can be no fiat-funded wars.  The long term averaged value of the btc will continue to go up regardless.

Should be interesting to see what happens this year


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: Gameroid on January 18, 2015, 05:13:27 PM
If anything it will drive the price of bitcoin up therefore helping us achieve mass adoption and hopefully more people would come into the market and start developing ease of use software.


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: Rishblitz on January 18, 2015, 05:14:41 PM
If the world doesn't go to shit and you can still access a computer bitcoin will be fine.


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: Blazin604 on January 18, 2015, 05:41:35 PM
I hope I am wrong but Russia and the USA are looking like they will go to war sometime soon. Almost seems inevitable.


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: findftp on January 18, 2015, 05:47:49 PM
If the world doesn't go to shit and you can still access a computer bitcoin will be fine.
True. It's either bitcoin or gold in the end.
Now it's safe to bet on both of them


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: Rishblitz on January 18, 2015, 06:05:11 PM
I hope I am wrong but Russia and the USA are looking like they will go to war sometime soon. Almost seems inevitable.

many people believe including me that this will happen and it does seem inevitable.


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: Blazin604 on January 18, 2015, 06:08:43 PM
Theoretically the price should shoot up. I suspect this year to be the "year of bitcoin".


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: findftp on January 19, 2015, 08:41:20 AM
I hope I am wrong but Russia and the USA are looking like they will go to war sometime soon. Almost seems inevitable.

many people believe including me that this will happen and it does seem inevitable.

Yes, of course people will go to war sometimes.
But when? That's the question.
Could take another thousand years.


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: Blazin604 on January 19, 2015, 04:28:11 PM
I hope I am wrong but Russia and the USA are looking like they will go to war sometime soon. Almost seems inevitable.

many people believe including me that this will happen and it does seem inevitable.

Yes, of course people will go to war sometimes.
But when? That's the question.
Could take another thousand years.

I say war within the next 8 months. Calling it here.


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: rtserv on January 19, 2015, 07:36:26 PM
I hope I am wrong but Russia and the USA are looking like they will go to war sometime soon. Almost seems inevitable.

many people believe including me that this will happen and it does seem inevitable.

It is likely to happen but I can't say it is inevitable. There must be clever people somewhere in these governments.
Such a war will destroy not only Russia but also Europe and the US. There will be no winners. China can be damaged too.


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: findftp on January 19, 2015, 07:42:15 PM
I hope I am wrong but Russia and the USA are looking like they will go to war sometime soon. Almost seems inevitable.

many people believe including me that this will happen and it does seem inevitable.

Yes, of course people will go to war sometimes.
But when? That's the question.
Could take another thousand years.

I say war within the next 8 months. Calling it here.

Ok, quote you on that. What's the stake? ;D
Let's bet something on it, just for fun.


It is likely to happen but I can't say it is inevitable. There must be clever people somewhere in these governments.
Such a war will destroy not only Russia but also Europe and the US. There will be no winners. China can be damaged too.

Hahahaha ;D ;D
Good one. Clever people. ROTFLMAO.
They don't give a fuck about you (us). They only care about your fear. And that's something they can count on so to see. (no offend)


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: Aggressor66 on January 19, 2015, 08:03:04 PM
This is not the first time this has happened to BTC and it will not be the last, BTC is a long game.
It may be overpriced at the moment, but there is value there and as the current paradigm falls apart as it inevitably will, there will be demand once more.
Few years ago $200 was a pipe dream for BTC.
Right now it seems like there is a loss of confidence in Bitcoin's price (hence low demand to buy) but confidence in Bitcoin as a monetary tool continues to be high.


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: rtserv on January 19, 2015, 08:44:24 PM
I hope I am wrong but Russia and the USA are looking like they will go to war sometime soon. Almost seems inevitable.

many people believe including me that this will happen and it does seem inevitable.

Yes, of course people will go to war sometimes.
But when? That's the question.
Could take another thousand years.

I say war within the next 8 months. Calling it here.

Ok, quote you on that. What's the stake? ;D
Let's bet something on it, just for fun.


It is likely to happen but I can't say it is inevitable. There must be clever people somewhere in these governments.
Such a war will destroy not only Russia but also Europe and the US. There will be no winners. China can be damaged too.

Hahahaha ;D ;D
Good one. Clever people. ROTFLMAO.
They don't give a fuck about you (us). They only care about your fear. And that's something they can count on so to see. (no offend)

Where exactly did you see the fear? This is my educated guess that there will be no winners. Did you see a winner in Afghanistan, Syria or Libya? Do you see a winner in Ukraine?
And if you haven't noticed the war has started already. The question is if they are going to keep it local or not. Why do you think John Cary was in Europe last week? Do you think he is on a vacation there? And why the US ship Donald Cook arrived in Varna? It is not a cruise ship. It is a battle ship.
I am not afraid. These are the facts.


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: findftp on January 19, 2015, 09:01:14 PM
Where exactly did you see the fear?
Well, most people think war is the opposite of having fun.
So I figured you must have some fear of going to war.
Or do you live in a country (or region) not involved?


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: rtserv on January 19, 2015, 09:34:54 PM
Where exactly did you see the fear?
Well, most people think war is the opposite of having fun.
So I figured you must have some fear of going to war.
Or do you live in a country (or region) not involved?


Sadly I am residing in UK. And of course it will be involved. But I am not planning to go to war. I am planning to move to Australia as it seems that it won't get involved. We'll see.  :-\


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: findftp on January 19, 2015, 09:37:22 PM
Where exactly did you see the fear?
Well, most people think war is the opposite of having fun.
So I figured you must have some fear of going to war.
Or do you live in a country (or region) not involved?


Sadly I am residing in UK. And of course it will be involved. But I am not planning to go to war. I am planning to move to Australia as it seems that it won't get involved. We'll see.  :-\

I think everybody is going to be involved if shit hits the fan, except for some real shit holes like Sierra Leone. But you don't want to go their.
Just put on your pink glasses and be happy. No war is coming soon.


Title: Re: HOW WILL THE COMING ECONOMIC COLLAPSE EFFECT BITCOIN?
Post by: morphtrust on January 19, 2015, 09:44:56 PM
how do you think it will effect the community if a coin (not bitcoin) is supported by a 3D printer technology that is able to print out ICs and other components on electronic devices as well as the boards, copper traces and structural (plastic and metal body parts) of products,

just as an example, we have say megacoin that someone puts a 3D printing company together that only accepts megacoin, or possibly they do some hybrid thing where you can send them x amount of scrap copper for a part, megacoin, or you can pay double what the megacoin is worth in fiat directly

so you have a circuit board you want to buy that is 20 bucks (could be an ASIC you designed the chip for or a cell phone or what ever)

you can either spend 20 dollars cash or the equivalent in euros, pounds steriling or what ever OR

you can spend 10 bucks on megacoins and pay with them instead, saving 10 bucks for your trouble of converting over to the coins.

or finally you can send 25 dollars scrap value worth of copper, or zinc or aluminum, or any combination thereof to the company and they ship out your $20 circuit board complete with components printed right on the board

thoughts?

and finally as this grows in recognition how do you think it will effect the world in general? we often fight over energy and other reasons cause they can make money off it, but if a sudden change in direction say to production of solar cells that cost say 2 cents each to make what would currently cost over 10 dollars to make (I am talking 10 dollars in china vs 2 cents in china) and cost that much less energy to make them too.