More like a publicity stunt than anything else. They need to comply with SEC before doing something this drastic. Yeah there seems to be no logical reason for it
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Myth: Those investing today in Bitcoin have already missed the boat
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I never trust articles with excessive use of capitals
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I am not 'boycotting' them, but I certainly will not be using the card with those kind of ridiculous fees. One clear problem Bitcoin has with operating purely in a free market is that only private companies will progress Bitcoin for a profit, thereby creating fees Bitcoin was designed to avoid
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exactly, I'm not talking about bitcoin hedgefunds. I'm talking about wall street in general. they usually have a very loose definition of 'fair play'
And this really should come as no surprise either. They play in a more or less zero sum game (they are not entrepreneurs that create things). They are traders. The only way they make money is if somebody else loses theirs. That's the nature, objective, and end of their profession. A finds a way to take B's money without breaking laws. Why we don't think that it is at least a disturbing possibility that A might just do everything they can to take B's money is kind of beyond me. Irrational exuberance. Play long term or hedge your bets. You cannot lose any money if you hold
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COME ON $600 Hahahaa C'mon $600!
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Obligatory: Who else is very happy to see Bitcoin stabilize above $600?
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I hope we get a full year of steady price so Bitcoin actually resembles a currency to see if people start using it as a method of payment for goods and also to give the 99% that missed the boat a bigger opportunity to rack more BTC before things start going apeshit and we hit 5k or so.
There will be many more bubbles to come after the next one. It is also not possible to award the 99% unless you want to adopt some kind of communist distribution of Bitcoin
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Can you please elaborate how wars are being funded by inflation?
Historically, an early example is the Peloponnesian War between the greeks and spartans from 431 to 404 BC where the greeks stared debasing their currency to fund the war by mixing in copper in the gold and silver causing massive inflation. A recent example is the Iraq war which costs the US over 1.1trillion dollars but the true costs are much , much higher as there are hidden opportunity lost costs and amortized pension and health costs. A small portion of the price of war is raised with war bonds but most nation states simple fund wars by printing more currency which has longterm economic effects which reflect in inflation and recessions in years to come. Blowing things up instead of investing in education, building infrastructure, and focusing on job growth isn't exactly good for an economy. Ok that makes sense. Thanks for the informative answer
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Let's face it, the tension is building massively for a huge rally when the ETF goes live. All the signs are there.
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Dumping in July is the equivalent of:
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Out of all the causes of war, I highly doubt money and bitcoin are the cause/solution to most of them.
Could wars be funded in a country that mainly used Bitcoin? Can you name me some examples of wars that aren't primarily funded by inflation?While I agree with some of your statements the true test to determine what someone really believes is if they are willing to invest their money to support it. One thing that is consistent throughout human society is hypocrisy. People say they believe and support all sorts of causes but will they sacrifice their own wealth directly to drop bombs on villages? I think its a very safe bet that wars will still exist but will be much smaller, shorter, and rarer if people had to directly fund them. Can you please elaborate how wars are being funded by inflation?
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If anything Bitcoin may increase wars if countries are desperate to acquire hashing share, like they will do anything to acquire gold now
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Why does everyone love to use the ban hammer when it comes to Bitcoin? Not accepting Bitcoin is far more accurate.
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Hi everyone,
I am going to conduct a relatively small and informal study on which is the best logo for Bitcoin, and whether a rebrand is worthwhile if the 'alternative' logo is deemed more appropriate.
Good luck on your rebrand of bitcoin. I personally prefer the classic logo, so I have no hidden agenda with this study
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Looks good. Wish I could have done the rebrand for them
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Hi everyone, I am going to conduct a relatively small and informal study on which is the best logo for Bitcoin, and whether a rebrand is worthwhile if the 'alternative' logo is deemed more appropriate. FYI, here are the two logos I am referring to: Classic Bitcoin: Alternative Bitcoin: I am hoping to have short interviews with the following: Long-term and respected community members (Hero and senior members ideally) Graphic Designers Marketers Artists Typographers My study will essentially put together the major opinions, presenting the pros and cons of each logo and the process of rebranding. Then I will hopefully come to a final conclusion on what action should be taken. If you are not listed in the people I would like to interview, you can still contribute by posting your views here and voting. If you provide insightful comments, you will be featured in the research. Many thanks, Josh
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imaginary lines broken, nerves fried, fiat scared shitless, hodlers become dumpers, spectacular! when the price falls we remain! when everyone looks for the exit we remain! Spoken like a true bagolder I am sure Adam is holding a bag since pre-2013. Not a bad bag to be holding imo
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